Al Gore stands to gain about $70 million after selling Current TV to al-Jazeera

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Al Gore, who shared the 2007 Nobel Peace Prize for his fight against global warming, may gross about $70 million from the sale of his Current TV network to al-Jazeera, the cable channel funded in part by oil-rich Qatar.


Al-Jazeera will pay about $500 million for Current TV, including the stake held by Gore, 64, according to two people with knowledge of the deal. The network is one of dozens of investments made by the former vice president since he lost the 2000 presidential race by a slim margin.


“It’s reeking with irony,” said Jeffrey Sonnenfeld, senior associate dean at the Yale School of Management, who studies corporate governance. “It seems to be at least a paradox in terms of his positions on sustainability and geopolitics.”

The deal highlights Gore’s makeover from career politician to successful businessman. His take from the Current TV sale is many times the maximum net worth of $1.7 million he reported while running for president in 1999. Besides investing in start-ups, Gore is on the board of Apple, an adviser to Google and a partner at Kleiner Perkins Caufield & Byers, according to his Web site biography.

“The green of money knows no political boundaries,” said Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. “When you are running investments, your priority needs to be maximizing return.”

Gore’s holdings also include investments in Amazon.com, eBay and Procter & Gamble through his Generation Investment Management.

Gore holds a 20 percent stake in Current TV, according to those with knowledge of the deal, who spoke on the condition of anonymity because the sale terms are not public. His proceeds are difficult to pin down because the company had $41.4 million in debt, as well as preferred stock entitled to $99.5 million in the event of a sale or liquidation, according to a 2008 regulatory filing.

The Current TV price represents a sevenfold increase from the $71 million that Gore and his partners paid for the predecessor company in 2004, according to the filing. Gore, chairman, and Joel Hyatt, a co-founder and chief executive officer, announced the sale on Wednesday, without providing financial terms.

Kalee Kreider, a spokeswoman for Gore, didn’t respond to a phone call or e-mail request for comment.

The network’s investors included funds controlled by Los Angeles billionaire Ron Burkle and San Francisco money manager Richard Blum, according to the 2008 filing, when the company unsuccessfully sought to sell stock to the public. Blum is married to Sen. Dianne Feinstein (D-Calif.).

The Raine Group advised Current TV on the sale. The owners introduced Current TV in 2005 after purchasing the network from Vivendi.

Al-Jazeera is closely held and receives some funding from the government of Qatar, a small country on the eastern side of the Arabian Peninsula that gets almost half of its gross domestic product from oil and gas, data compiled by Bloomberg show.

“Under Qatari law, Al Jazeera Media Network is incorporated as a private, non-profit company,” Charlotte Fouch, a spokeswoman, said in an e-mail. “Al Jazeera receives funding from the State of Qatar, much like other publicly funded broadcast networks.”

Last February, Gore said investors in oil and gas companies that ignore the cost of carbon dioxide emissions and other greenhouse gases are making a mistake similar to those who invested in subprime mortgages.

Most of Gore’s investments are made through Generation Investment Management, which he co-founded with former Goldman Sachs Group executive David Blood. The most recent regulatory filing lists about $3.6 billion under management in 29 publicly traded companies.

In addition, Generation Investment Management also has stakes in private ventures such as Nest Labs, a company formed by Apple alumni to create a thermostat that adapts to user behavior and saves money. The fund also backed Elon Musk’s SolarCity, a developer of rooftop solar power systems that went public last month.

In April, Gore’s fund was part of $110 million in venture capital invested in Harvest Power, a closely held company that produces renewable energy from waste such as food scraps.

He is also the author of the climate-change-focused best-sellers “Earth in the Balance,” “An Inconvenient Truth,” “The Assault on Reason” and “Our Choice: A Plan to Solve the Climate Crisis.” Gore was the co-recipient, with the Intergovernmental Panel on Climate Change, of the 2007 Nobel Peace Prize for “informing the world of the dangers posed by climate change,” according to his official biography.

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British team flies to Myanmar for buried Spitfire planes

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LONDON: A team hunting for a rumoured hoard of World War II Spitfire planes in Myanmar left Britain on Saturday to start the dig, comparing the excitement to the discovery of Tutankhamun's tomb.

The 21-strong team believe there could be 36 of the iconic single-seat British fighter aircraft buried in sealed crates up to 10 metres (33 feet) beneath Yangon airport, a wartime airfield, with more at two other sites in Myanmar.

Britain, the former colonial power in what was then Burma, is thought to have buried the brand new planes in 1945 as they were surplus by the time they arrived by sea.

The dig, set to start at Yangon airport on Monday, has excited military history and aviation enthusiasts around the world.

There are thought to be fewer than 50 airworthy Spitfires left in the world and the digs could potentially double their number if they remain in pristine condition.

Project leader David Cundall told AFP that getting a first glimpse of Spitfire would be like the 1922 discovery of Egyptian pharaoh Tutankhamun's tomb.

"It's similar to the Tutankhamun find in Egypt many years ago and Lord Carnarvon said to Howard Carter when he was looking through the hole 'can you see anything?' , and he said, 'yes, wonderful things', and I'm going to say the same thing," he said.

Cundall, a farmer and aircraft enthusiast, has been on a long chase for the rumoured lost Spitfires.

"We've interviewed eight eyewitnesses pointing to the exact spot," he said.

"Some have told us in great detail how they were buried, the depth and the configuration all fits correctly the location.

"After 17 years you do get a little bit weary but there's now enough energy left in me to finish the project, and I'd like to do it as soon as possible: get the airplanes back to the UK, have them restored and see them flying at airshows."

Speaking at London Heathrow Airport before flying out, lead archeologist Andy Brockman said: "The evidence so far takes us to a particular part of former RAF Mingaladon. What our job is now is to follow those strands of evidence and turn all the rumour and speculation and hypothesis into facts in the ground from the archaeology that we discover."

Cundall's share of any planes found will be 30 per cent, his agents will have 20 per cent, while the Myanmar government will keep 50 per cent, according to agreements they have signed.

"There are very few Spitfires that you can actually say are 100 per cent original; these are brand new Mark XIV Spitfires," he said.

"The fuselages were wrapped in brown paper, grease paper to preserve them, the wooden joints were tarred to keep the water out.

"They did go to an awful lot of trouble to bury these.

"It was a tool of war, yes, but I'm trying to make it a tool of friendship to bring Burma and Britain closer together."

- AFP/xq



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Deprived of pension, 165 people seek President's nod to end life

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YAVATMAL (Mahaarashtra): As many as 165 physically challenged and old persons, who have not received their pension for two years under Government schemes, have sought permission from the President for killing themselves on January 26 if their grievances are not addressed by then.

On Friday, they submitted a signed memorandum, addressed to President Pranab Mukherjee, to the Tehsildar (revenue official) here.

In the memorandum, the persons have appealed to the President to direct authorites to solve their problems before January 25 or grant them permission for taking their lives on the Republic Day, according to official sources.

The petitioners, who hail from 54 villages of Yavatmal district in Eastern Maharashtra, are beneficiaries of various Government-sponsored schemes such as old age pension, widow pension and Sanjay Gandhi Niradhar Yojana.

The signatories of the memorandum have alleged they have not been paid their monthly pension for the last two years, forcing forced them to live in penury and starvation.

The affected people had taken out rallies in support of their demand last year, but nothing has come out. "We have made a number of representations to the Tehsildar and the SDO and requested them to release the pension but of no avail," said Sudam Khandare, who had taken part in the rallies.

"It is better to die honourably than lead a life of utter poverty and starvation," said Saira Bi Sheikh Saibu, one of the pensioners.

"We have sought permission for killing ourselves as we find no other way out to ensure a dignified life," she said.

When contacted District Collector Ashwin Mudgal said the Tehsildar has received the representation addressed to the President and efforts are on to expedite the pending cases on basis of the Aadhar card.

He said there were bogus beneficiaries of the schemes and hence release of pension were stopped.

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Best Pictures: 2012 Nat Geo Photo Contest Winners

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Debt Limit Negotiating Tactic? No Negotiating

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ap obama ac 130102 wblog In Fiscal Wars No Negotiation Is a Negotiating Tactic

President Barack Obama and Vice President Joe Biden walk away from the podium after Obama made a statement regarding the passage of the fiscal cliff bill in the Brady Press Briefing Room at the White House in Washington, Tuesday, Jan. 1, 2013. (AP Photo/Charles Dharapak)


Analysis


New for 2013: In the Washington, D.C. fiscal wars we’ve gone from everything must be on the table to politicians declaring they won’t debate.


The fiscal cliff deal either averted disaster or compounded the problem, depending on who you ask. It certainly created new mini-cliffs in a few months as Congress and the president square off on the debt ceiling, spending cuts and government funding. But it also made sure the vast majority of Americans won’t see as big a tax hike as they might have.


President Obama was pretty clear late on New Year’s night as he reacted to Congress’s passage of a bill to take a turn away from the fiscal cliff. He won’t negotiate with Republicans about the debt ceiling.


“Now, one last point I want to make,” said the president, before wrapping up and hopping on Air Force One for a redeye to Hawaii. “While I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that they’ve already racked up through the laws that they passed.”


(Read more here about the Fiscal Cliff)


That’s pretty clear. No debt ceiling negotiation. Then he added for emphasis: ”Let me repeat: We can’t not pay bills that we’ve already incurred. If Congress refuses to give the United States government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic — far worse than the impact of a fiscal cliff.”


But in Washington, saying you won’t do something these days has almost become like an opening bid. At least, that’s how Republicans are treating the president’s line in the sand.


“The president may not want to have a fight about government spending over the next few months, but it’s the fight he is going to have because it’s a debate the country needs,” wrote Senate Minority Leader Mitch McConnell, the Kentucky Republican, in an op-Ed on Yahoo! News about 36 hours later. “For the sake of our future, the president must show up to this debate early and convince his party to do something that neither he nor they have been willing to do until now.”


“We simply cannot increase the nation’s borrowing limit without committing to long overdue reforms to spending programs that are the very cause of our debt,” McConnell said.


The national debt is soon set to reach $16.4 trillion. That’s not a problem that can be solved with one bill or budget. And the two sides will have to figure out some sort of way to talk about entitlement/social safety net reform – meaning things like Medicare, Medicaid, and Social Security – in addition to cutting spending and, most importantly, hope for an improving economy, to deal with those deficits.


House Speaker John Boehner, who has several times now failed to reach a big, broad fiscal deal with President Obama, told colleagues, according to The Hill newspaper, that he’s done with secret White House negotiations. He wants to stick with the constitutional way of doing things, with hearings and bills that are debated on Capitol Hill rather than hatched by the vice president and Senate Republicans.


Okay. Obama won’t negotiate on the debt ceiling. McConnell won’t not negotiate on the debt ceiling. Boehner doesn’t to do things by the book.


But McConnell won’t negotiate on taxes any more.


“Predictably,” McConnell had written earlier in his post, “the president is already claiming that his tax hike on the ‘rich’ isn’t enough. I have news for him: the moment that he and virtually every elected Democrat in Washington signed off on the terms of the current arrangement, it was the last word on taxes. That debate is over.”


It’s a new chapter in the ongoing fiscal saga in Washington. Back when the two sides were talking about a grand bargain or a big deal – some sort of all-inclusive reform that would right the listing deficit with one flip of the rudder – the popular trope was that “everything must be on the table.” That’s basically how Obama put it back in the summer of 2011 when he and Boehner failed to reach a grand bargain. He wanted higher taxes – they were calling them revenues back then. More recently, after Obama won the election and when he and Boehner were trying to hammer out another grand bargain to avert the fiscal cliff, Boehner wanted entitlements on the table. That means he wanted to find ways to curb future spending.


Both sides are declaring they won’t debate certain points, but this far – a full two months – before the mini-cliffs start, those are easier declarations to make than they will be when the government is in danger of defaulting or shutting down.


Even though they’re trying to take elements off the table, both men hope that coming negotiations can be a little more cordial and a little less down-to-the wire.


“Over the next two months they need to deliver the same kind of bipartisan resolution to the spending problem we have now achieved on revenue — before the 11th hour,” wrote McConnell.


“The one thing that I think, hopefully, in the New Year we’ll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much,” said Obama.


That’ll be tough if neither side will talk about what the other side wants to talk about.


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Primary schools to receive new teachers twice a year

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SINGAPORE: From 2015, primary schools will receive a new batch of teachers twice each year - instead of the current arrangement where new teachers are deployed in June - following changes to the timing of the annual intake of the Postgraduate Diploma in Education (PGDE) (Primary) programme.

The PGDE (Primary) programme is a one-year diploma course conducted at the National Institute of Education. Currently, its graduates are deployed along with their counterparts in the Diploma in Education and Bachelor of Arts (Education) or Bachelor of Science (Education) programmes.

With the change, graduates from the PGDE (Primary) will be posted to their schools in January, instead of June.

Responding to TODAY's queries, the Ministry of Education (MOE) said the key reason for the change is to "better support the schools' manpower needs at the primary level".

Its spokesperson said: "This will allow for two batches of trained teachers to graduate from the different programmes in NIE to be posted to the primary schools ... each year, thereby reducing the schools' waiting time to fill vacancies for trained teachers."

To effect the change, the intake for PGDE (Primary) will be shifted from July to January - starting this year.

The MOE spokesperson said that email notifications were sent in April last year to those who were due to enrol in the programme in July this year - many of whom are currently doing contract teaching - but will now start their course in January next year.

"School leaders with untrained teachers in their schools affected by this change were similarly informed," she said.

While primary school principals whom TODAY spoke to welcomed the change, one untrained teacher who had been due to start the PGDE (Primary) programme this year was upset that he has to wait another six months to begin classes.

The 30-year-old teacher, who wanted to be known only as Mr Tan, said he found out about the change in February last year after MOE replied to his email query on the starting date of his course.

He claimed that he has not received an official notification.

After spending the past year doing contract teaching, Mr Tan said he would have to continue for another year because of the change.

It is not clear how many prospective trainee teachers are affected by the shift in the timing of the intake this year, as the MOE did not reply to queries on the intake size of the PGDE (Primary).

The current teaching force is about 33,000 strong. On average, 2,000 new teachers are recruited each year.

Principals said the change was timely, given how more teachers are taking up MOE initiatives such as the Part-Time Teaching Scheme (PTTS), and the enhanced Professional Development Leave (PDL) scheme which allow teachers with at least six years' service to take leave at half pay to undergo professional development.

Punggol View Primary Principal Kelvin Tay said: "Having two batches would ease issues that come up when teachers are away, such as on maternity leave or professional development, and it would help fill deployment gaps."

As the school calendar begins in January, Nanyang Primary School Principal Lee Hui Feng noted that getting new teachers in the same month will reduce changes to teaching personnel in the middle of the school year.

- TODAY/xq



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Akbar Owaisi slapped with yet another case

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HYDERABAD: Andhra Pradesh Police on Friday registered a third case against Majlis-e-Ittehadul Muslimeen (MIM) leader Akbaruddin Owaisi for his alleged hate speeches while another court directed police to book the legislator, who is away in London.

A case under Indian Penal Code Section 153 (A) (promoting enmity between different groups on grounds of religion, race, language and doing acts prejudicial to maintenance of harmony) was registered at Osmania University police station on Friday. Police took the action on the directions of a city court.

On Thursday the court, acting on a petition by an individual, directed police to book Akbar, as he is popularly called. Another court in Hyderabad adjourned to January 7 the hearing of petition by an advocate, seeking action against Akbar.

Meanwhile, a court in Ranga Reddy district, adjacent to Hyderabad, Friday directed LB Nagar police station in the district to register a case against Akbar under various sections of the IPC. The court order came on the petition by advocate Janardhan.

The Bharatiya Janata Party (BJP) has urged governor ESL Narasimhan to take action against Akbar for allegedly insulting Hindu religion and traditions. A delegation of BJP leaders, headed by the party's state chief G Kishan Reddy, called on the governor and demanded action against Akbar.

The BJP delegation complained that the state government did not take any action and it was some lawyers and concerned citizens who approached the courts.

The BJP and its frontal organizations staged protests in various parts of the state on Friday, demanding immediate arrest of Akbar. They also demanded that he should be disqualified as member of the legislative assembly.

Assembly speaker N Manohar said many people, through phone and e-mails, complained about the alleged provocative remarks of the legislator. If a formal complaint is lodged, the house committee would look into it, Manohar said.

Earlier, police pasted a notice at the residence of the MIM leader, who is away in London for medical treatment.

A day after registering the cases, police in Adilabad and Nizamabad districts served notice on the legislator. As nobody was at his house in Banjara Hills here, police pasted the notices on the wall of the main entrance.

Akbar has been asked to appear before police on January 8 at Nirmal town and on January 9 at Nizamabad for questioning with regard to the speeches he delivered at public meetings at Nirmal and Nizamabad towns last month.

Akbar, who is leader of the MIM in the Andhra Pradesh assembly, faces arrest as the police have booked him under non-bailable sections of the IPC.

The cases have been registered under Section 121 (waging or attempting to wage war against the state), Section 153 (A) and Section 295A (for deliberate and malicious acts, intended to outrage religious feelings or any class by insulting its religion or religious beliefs).

Director general of police V Dinesh Reddy on Thursday said they may also seek Interpol's help if the legislator is found to be deliberately delaying his appearance before police. He denied any soft-pedalling on the issue and attributed the delay to seeking legal opinion before proceeding against a legislator.

Akbar, who represents Chandrayangutta assembly constituency, is the younger brother of MIM chief and MP from Hyderabad, Asaduddin Owaisi.

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What Lives in Your Gut?

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As we enter a new year, many of us will start thinking—if only temporarily—about improving our diet and lifestyle habits. Maybe you'll resolve to drink more water, eat less fat, get more exercise.

But what does your gut want? A new citizen science project aims to find out.

"What diet should you be eating to achieve an optimal, healthy microbiome in your gut? We don't know yet but finding out could be the key to helping people overcome many chronic diseases," said Jeff Leach, co-founder of the American Gut project.

(Read about the secret world of microbes in the January 2013 issue of National Geographic magazine.)

The concept of the crowd-funded project is simple: Pay $99, get a sample collection kit, and mail back a test tube containing "a little bit of brown" swabbed from your used toilet paper. Participants will also be asked to log their food intake for three days and answer a detailed questionnaire about how and where they live.

"Are you a vegetarian? Were you born via C-section? Do you live in a rural or urban area? Do you have dogs? All of these things can influence your microbiome," Leach said.

In return, participants will receive an analysis revealing what organisms dwell in their gut and showing how their own microbial ecosystem compares to others—including a group of hunter-gatherers Leach has been studying in Tanzania. (That research has not yet been published, but he says it reveals "big differences" between the guts of people who consume a Western diet of highly processed foods and those who eat more traditional diets.)

"There's been a lot of research about the human microbiome recently, but the general public never gets to figure out what's in their gut unless you do something like this," said Leach.

Microbes play several vital roles in the gut, including maintaining the mucosal lining of the gastrointestinal tract, protecting against pathogens, and helping the body harvest calories and digest fiber.

Having too much or too little of certain bacteria could contribute to inflammation, a key factor in many chronic diseases. Recent studies have linked diabetes and obesity to imbalances in gut bacteria.

"We want people to understand that this is a major aspect of their health that's in their control," Leach said. "You're born with your genes, but you can shift your microbiome through diet and lifestyle changes."

About a thousand people have joined the project so far, and Leach is hoping another 3,000 or more will sign up to receive a kit before the February 1 deadline.

For more information, visit the American Gut Project http://humanfoodproject.com/american-gut/.


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Quadruple Amputee Gets Two New Hands on Life

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It's the simplest thing, the grasp of one hand in another. But Lindsay Ess will never see it that way, because her hands once belonged to someone else.


Growing up in Texas and Virginia, Lindsay, 29, was always one of the pretty girls. She went to college, did some modeling and started building a career in fashion, with an eye on producing fashion shows.


Then she lost her hands and feet.


Watch the full show in a special edition of "Nightline," "To Hold Again," TONIGHT at 11:35 p.m. ET on ABC


When she was 24 years old, Lindsay had just graduated from Virginia Commonwealth University's well-regarded fashion program when she developed a blockage in her small intestine from Crohn's Disease. After having surgery to correct the problem, an infection took over and shut down her entire body. To save her life, doctors put her in a medically-induced coma. When she came out of the coma a month later, still in a haze, Lindsay said she knew something was wrong with her hands and feet.


"I would look down and I would see black, almost like a body that had decomposed," she said.


The infection had turned her extremities into dead tissue. Still sedated, Lindsay said she didn't realize what that meant at first.










"There was a period of time where they didn't tell me that they had to amputate, but somebody from the staff said, 'Oh honey, you know what they are going to do to your hands, right?' That's when I knew," she said.


After having her hands and feet amputated, Lindsay adapted. She learned how to drink from a cup, brush her teeth and even text on her cellphone with her arms, which were amputated just below the elbow.


"The most common questions I get are, 'How do you type,'" she said. "It's just like chicken-pecking."


PHOTOS: Lindsay Ess Gets New Hands


Despite her progress, Lindsay said she faced challenges being independent. Her mother, Judith Aronson, basically moved back into her daughter's life to provide basic care, including bathing, dressing and feeding. Having also lost her feet, Lindsay needed her mother to help put on her prosthetic legs.


"I've accepted the fact that my feet are gone, that's acceptable to me," Lindsay said. "My hands [are] not. It's still not. In my dreams I always have my hands."


Through her amputation recovery, Lindsay discovered a lot of things about herself, including that she felt better emotionally by not focusing on the life that was gone and how much she hated needing so much help but that she also truly depends on it.


"I'm such an independent person," she said. "But I'm also grateful that I have a mother like that, because what could I do?"


Lindsay said she found that her prosthetic arms were a struggle.


"These prosthetics are s---," she said. "I can't do anything with them. I can't do anything behind my head. They are heavy. They are made for men. They are claws, they are not feminine whatsoever."


For the next couple of years, Lindsay exercised diligently as part of the commitment she made to qualify for a hand transplant, which required her to be in shape. But the tough young woman now said she saw her body in a different way now.






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Subaru recalls up to 630,000 US vehicles over faulty light

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WASHINGTON: Japanese automaker Subaru could recall up to 630,000 cars and SUVs in the United States because of a faulty puddle light that could short-circuit, possibly sparking a fire, the firm said Thursday.

Subaru did not say whether it was aware of any accidents or injuries as a result of the defect, which affects certain 2006 to 2012 Legacy, Outback, Tribeca and Forester vehicles equipped with an optional accessory light.

"A short circuit can develop when either the puddle light or connector are exposed to an electrolytic moisture source (i.e. salt water) and it penetrates the circuit board of the puddle light or the pins of the puddle light connector," the company wrote in a notice to federal safety regulators.

"This may generate heat which may melt the plastic resulting in smoke or fire."

Subaru said the first complaint of "smoke and/or fire" was in 2007, adding that the company had made several changes to try to fix it.

After determining in a review begun in 2011 that the defect related to safety, the company ordered the recall. Affected vehicles will be equipped with an additional fused-harness, free of charge.

- AFP/ir



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PM unveils new science policy

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KOLKATA: India today unveiled a new science policy that lays greater thrust on innovation, establishing research institutes and encourage women scientists with an aim to position itself among the top five scientific powers in the world by 2020.

The Science, Technology and Innovation (STI) Policy, 2013 also speaks of modifying the intellectual property regime to provide for marching rights for social good when supported by public funds and co-sharing of patents generated in the public private partnership mode.

Unveiling the STI policy, Prime Minister Manmohan Singh said it aspires to position India among the top five global scientific powers by 2020.

"It is an ambitious goal," he said, adding the policy also aims at producing and nurturing talent in science, to stimulate research in universities, to develop young leaders in the field of science and to reward performance.

It also seeks to create a policy environment for greater private sector participation in research and innovation and to forge international alliances and collaborations to meet the national agenda, he said.

The policy also talks of raising gross expenditure in R&D to two per cent of GDP from the current one per cent in this decade by encouraging enhanced private sector contribution.

"The policy is truly aspirational and seeks to accelerate the pace of discovery and delivery of science-led solutions for faster, sustainable and inclusive growth," Science and Technology Minister S Jaipal Reddy said.

He dubbed the policy as a "rare and resounding expression of collective will and wisdom of the Indian scientific community that is at once a product of and a clarion call of the scientific community".

The document is a revision of the 2003 policy which sought to bring science and technology together and emphasised on the need for higher investment into R&D to address national problems.

The (STI) policy also seeks to trigger an ecosystem for innovative abilities to flourish by leveraging partnerships among diverse stakeholders and by encouraging and facilitating enterprises to invest in innovations.

The aim of the policy is to accelerate the pace of discovery, diffusion and delivery of science-led solutions for serving the aspirational goals of India for faster, sustainable and inclusive growth.

The key features of the STI Policy 2013 include making careers in science, research and innovation attractive, establishing world-class infrastructure for R&D for gaining global leadership in some select frontier areas of science.

The policy also includes linking contributions of science, research and innovation system with the inclusive economic growth agenda and combining priorities of excellence and relevance.

It also stresses on creating an environment for enhanced private sector participation in R&D, enabling conversion of R&D outputs into societal and commercial applications by replicating successful models as well as establishing of new public-private partnership structures.

India first unveiled its Scientific Policy Resolution in 1958 which resolved to "foster, promote and sustain" the cultivation of science and scientific research in all its aspects.

The Technology Policy Statement of 1983 focused on the need to attain technological competence and self reliance.

Officials said in today's world, innovation was no longer a mere appendage to S&T but has assumed centre stage in its own right in the development of countries around the world.

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Pictures: Errant Shell Oil Rig Runs Aground Off Alaska, Prompts Massive Response

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Photograph courtesy Jonathan Klingenberg, U.S. Coast Guard

Waves lash at the sides of the Shell* drilling rig Kulluk, which ran aground off the rocky southern coast of Alaska on New Year's Eve in a violent storm.

The rig, seen above Tuesday afternoon, was "stable," with no signs of spilled oil products, authorities said. But continued high winds and savage seas hampered efforts to secure the vessel and the 150,000 gallons (568,000 liters) of diesel fuel and lubricants on board. The Kulluk came to rest just east of Sitkalidak Island (map), an uninhabited but ecologically and culturally rich site north of Ocean Bay, after a four-day odyssey, during which it broke free of its tow ships and its 18-member crew had to be rescued by helicopter.

The U.S. Coast Guard, state, local, and industry officials have joined in an effort involving nearly 600 people to gain control of the rig, one of two that Shell used for its landmark Arctic oil-drilling effort last summer. "This must be considered once of the largest marine-response efforts conducted in Alaska in many years," said Steve Russell, of Alaska's Department of Environmental Conservation.

The 266-foot (81-meter) rig now is beached off one of the larger islands in the Kodiak archipelago, a land of forest, glaciers, and streams about 300 miles (482 kilometers) south of Anchorage. The American Land Conservancy says that Sitkalidak Island's highly irregular coastline traps abundant food sources upwelling from the central Gulf of Alaska, attracting large numbers of seabirds and marine mammals. The largest flock of common murres ever recorded by the U.S. Fish and Wildlife Service was in Sitkalidak Strait, which separates the island from Kodiak. Sitkalidak also has 16 wild salmon rivers and archaeological sites tied to the Alutiiq native peoples dating back more than 7,000 years.

Shell incident commander Susan Childs said Monday night that the company's wildlife management team had started to assess the potential impact of a spill, and would be dispatched to the site when the weather permitted. She said the Kulluk's fuel tanks were in the center of the vessel, encased in heavy steel. "The Kulluk is a pretty sturdy vessel," she said. " It just remains to be seen how long it's on the shoreline and how long the weather is severe."

—Marianne Lavelle

*Shell is sponsor of National Geographic's Great Energy Challenge initiative. National Geographic maintains editorial autonomy.

Published January 2, 2013

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Senate Swears in Historic 20th Female Senator

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Today the Senate will make history, swearing in a record-breaking 20 female senators -- four Republicans and 16 Democrats -- in office.


As the 113th Congress is sworn in today on Capitol Hill, ABC "World News" anchor Diane Sawyer has an exclusive joint interview with the historic class of female senators.


Diane Sawyer's complete interview will air on "World News" and "Nightline" tonight.


"I can't tell you the joy that I feel in my heart to look at these 20 gifted and talented women from two different parties, different zip codes to fill this room," Sen. Barbara Mikulksi, D-Md., said while surrounded by the group of women senators. "In all of American history only 16 women had served. Now there are 20 of us."



Senator-elect Deb Fischer, R-Neb., today becomes the first women to be elected as a senator in Nebraska.


"It was an historic election," Fischer said, "But what was really fun about it were the number of mothers and fathers who brought their daughters up to me during the campaign and said, "Can we get a picture? Can we get a picture?' Because people realize it and -- things do change, things do change."










Tammy Baldwin Becomes First Openly Gay Senator Watch Video









Elizabeth Warren Wins Massachusetts Senate Race Watch Video





The women senators all agree that women will be getting things done in this new Congress, a sign of optimism felt for the new Congress, after the bruising battles of the 112th Congress.


"We're in force and we're in leadership positions, but it's not just the position that we hold. I can tell you this is a can-do crowd," Mikulski said of both Democrats and Republican senators in the room. "We are today ready to be a force in American politics."


And while the number of women in the Senate today makes history, many of the women agreed that they want to keep fighting to boost those numbers.


Sen. Barbara Boxer, D-Calif., said that women are still "underrepresented" in the Senate.


"I think that until we get to 50, we still have to fight because it's still a problem," Boxer said. "I think this class as you look around, Republicans and Democrats. ... I think that because of this new class and the caliber of the people coming and the quality of the people coming, I think that hopefully in my lifetime -- and I really do hope and pray this is the case -- we will see 50 percent. "


No Sorority Here, Even With the Will to Work Together


The cooperation does not make them a "sorority," Sen. Dianne Feinstein, D-Calif., says. There are real differences in ideology and personality and they don't want their gender to define them as senators.


But the women also admit that they believe having more women in the room would help in fierce negotiations, compromise and legislating on Capitol Hill, traits they say do not come as naturally to their male colleagues in the Senate. That sentiment enjoys bipartisan support among the women of the Senate.


"What I find is with all due deference to our male colleagues, that women's styles tend to be more collaborative," Sen. Susan Collins, R-Maine, said.


Sen. Claire McCaskill, D-Mo., said by nature women are "less confrontational." Sen-elect Mazie Hirono, D-Hawaii, says that women are "problem solvers."


Sen. Amy Klobuchar, D-Minn., says that women have a camaraderie which helps in relationships that are key to negotiations on Capitol Hill, something she says comes natural to women more than men.


"I think there's just a lot of collaboration between the women senators and... advice and really standing up for each other that you don't always see with the men," she said.






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US manufacturing rebounds in December

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WASHINGTON: US manufacturing activity expanded slightly in December after contracting the previous month, the ISM monthly survey showed on Monday.

The Institute for Supply Management's manufacturing sector index rose to 50.7 last month from 49.5 in November, with 50 the break-even line between growth and contraction.

The index has hovered around that line for the past six months, the ISM said, reflecting weakness in both US and global economic growth.

Only seven of 18 manufacturing industries covered in the ISM survey actually reported growth in the month, and overall production growth slowed.

But the employment sub-index rose to 52.7 from 48.4, showing the industry returned to hiring at a modest clip in December.

- AFP/de



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Link ration cards to Aadhar: HC to Maharashtra govt

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MUMBAI: The Bombay High Court has suggested to the state government to consider linking ration cards with Aadhar cards to tackle the menace of bogus and duplicate ration cards

"Aren't two years enough to unravel the mystery of bogus ration cards?" asked a division bench of Justice A M Khanwilkar and Justice R D Dhanuka. Will it not be a prudent approach in the matter to make it compulsory to produce the Aadhar card for issuing a new ration card? Why is the government not considering this? Unless you put a verification process in place, you cannot track duplicate or bogus ration cards.''

The state's claim that it was short staffed failed to impress the court. "Link everything to the Aadhar card scheme and make one team to run it. No great change is necessary. The state will have to only link both the cards via a software," said the judges.

The court was hearing a PIL about bogus ration cards in a village, but its scope was widened to include the whole state. Following a December 2010 order, the government carried out a state-wide exercise. The stat detected and cancelled 53.39 lakh ineligible cards during the special campaign. The court had sought action against government officers who issued the cards.

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Space Pictures This Week: Ice “Broccoli,” Solar Storm

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Obama Hails 'Cliff' Deal, Warns of Next Fiscal Fight

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Minutes after the House of Representatives approved a bipartisan Senate deal to avert the "fiscal cliff" and preserve Bush-era tax cuts for all Americans making less than $400,000 per year, President Obama praised party leaders and wasted little time turning to the next fiscal fight.


"This is one step in the broader effort to strengthen our economy for everybody," Obama said.


Obama lamented that earlier attempts at a much larger fiscal deal that would have cut spending and dealt with entitlement reforms failed. He said he hoped future debates would be done with "a little less drama, a little less brinksmanship, and not scare folks quite as much."


But Obama drew a line in the sand on the debt ceiling, which is set to be reached by March.


"While I will negotiate over many things, I will not have another debate with this Congress over whether they should pay the bills for what they've racked up," Obama said. "We can't not pay bills that we've already incurred."


An hour after his remarks, Obama boarded Air Force One to rejoin his family in Hawaii, where they have been since before Christmas.






AP Photo/Charles Dharapak













House Republicans agreed to the up-or-down vote Tuesday evening, despite earlier talk of trying to amend the Senate bill with more spending cuts before taking a vote. The bill delays for two months tough decisions about automatic spending cuts that were set to kick in Wednesday.


A majority of the Republicans in the GOP-majority House voted against the fiscal cliff deal. About twice as many Democrats voted in favor of the deal compared to Republicans. One hundred fifty-one Republicans joined 16 Democrats to vote against the deal, while 172 Democrats carried the vote along with 85 Republicans.


The Senate passed the same bill by an 89-8 vote in the wee hours of New Year's Day. If House Republicans had tweaked the legislation, there would have been no clear path for its return to the Senate before a new Congress is sworn in Thursday.


The vote split Republican leaders in the House. House Speaker John Boehner, R-Ohio, voted yes, and so did the GOP's 2012 vice presidential candidate, Rep. Paul Ryan, R-Wis.


But House Majority Leader Eric Cantor, R-Va., the No. 2 Republican in the House, voted no. It was his opposition that had made passage of the bill seem unlikely earlier in the day.


The deal does little to address the nation's long-term debt woes and does not entirely solve the problem of the "fiscal cliff."


Indeed, the last-minute compromise -- far short from a so-called grand bargain on deficit reduction -- sets up a new showdown on the same spending cuts in two months amplified by a brewing fight on how to raise the debt ceiling beyond $16.4 trillion. That new fiscal battle has the potential to eclipse the "fiscal cliff" in short order.


"Now the focus turns to spending," said Boehner in a statement after the vote. "The American people re-elected a Republican majority in the House, and we will use it in 2013 to hold the president accountable for the 'balanced' approach he promised, meaning significant spending cuts and reforms to the entitlement programs that are driving our country deeper and deeper into debt."


Republicans hope that allowing the fiscal cliff compromise, which raised taxes without an equal amount of spending cuts, will settle the issue of tax rates for the coming debates on spending.






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Maharashtra CM plays down Pawar's threat

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MUMBAI: Taking a dig at NCP chief Sharad Pawar for his remark that NCP might reconsider continuing its alliance with the UPA in 2014 elections to Lok Sabha and state assembly, Maharashtra chief minister Prithviraj Chavan said on Tuesday it was fine if the party has decided to sit in opposition.

"Let the results come...if they (NCP) want to sit in the opposition, then what is the issue," Chavan told reporters here when asked to comment on the NCP chief's statement.

Ruling out the possibility of mid-term polls at Centre, Chavan said the NCP and Congress had been contesting local-level elections against each other.

"I don't think there is any possibility of mid-term polls. We contest elections against each other at the local level," he said.

On state government's drought mitigation programme, the chief minister said that "so far, Rs 900 crore have been spent for this purpose, while Rs 1,000-1,100 crore would be additionally required to tackle the drought-like situation".

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Space Pictures This Week: Ice “Broccoli,” Solar Storm

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Senate Approves 'Fiscal Cliff' Deal, Sends to House

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Two hours after a midnight deadline for action, the Senate passed legislation early New Year's Day to avert the so-called fiscal cliff with an overwhelming vote of 89-8.


Senate passage set the stage for a final showdown in the House, where a vote could come as early as today.


"While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay," President Obama said in a statement shortly after the vote.


"There's more work to do to reduce our deficits, and I'm willing to do it. But tonight's agreement ensures that, going forward, we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest Americans."


The bill extends Bush-era tax cuts permanently for individuals making less than $400,000 per year and couples making less than $450,000 but allows the top marginal tax rate on incomes above those levels to rise to 39.6 percent.


Capital gains taxes would rise to 20 percent from 15 percent.


The measure would raise the estate tax from 35 to 40 percent for estates larger than $5 million, prevent the alternative minimum tax from hammering millions of middle-class workers and extend unemployment benefits for one year.








'Fiscal Cliff': Lawmakers Scramble for Last-Minute Deal Watch Video









Lawmakers also decided at the last minute to use the measure to prevent a $900 pay raise for each member of Congress due to take effect this spring.


The steep "sequester" budget cuts scheduled to go into effect with the New Year -- a $1.2 trillion hit to defense and domestic programs -- would be postponed for two months.


"I've said all along our most important priority is protecting middle-class Americans, this legislation does that," Senate Majority Leader Harry Reid, D-Nev., said early this morning prior to the vote.


The deal at hand does little to address the nation's long-term debt woes, however, and does not entirely solve the problem of the "fiscal cliff."


Indeed, the last-minute compromise -- far short from a so-called grand bargain on deficit reduction -- could set up a new showdown on the same spending cuts in two months amplified by a brewing fight on how to raise the debt ceiling beyond $16.4 trillion. That new fiscal battle has the potential to eclipse the "fiscal cliff" in short order.


Reid said he is "disappointed" they were unable to achieve a broader deal but that the compromise was necessary.


"We tried," he said. "If we did nothing, the threat of a recession is very real."


Speaking after Reid, Senate Minority Leader Mitch McConnell, R-Ky., called the deal an "imperfect solution" and noted this should not be the model on how things get done in the Senate.


McConnell also thanked Vice President Joe Biden, who visited Capitol Hill late Monday night and brokered the deal with Senate Republicans.


The measure must now move to the Republican-led House.


Five Senate Republicans and three Democrats voted against the plan, but the large margin of passage was seen as boosting the bill's prospects in the House, even though fiscal conservatives were poised to vehemently oppose the deal when it comes to the floor for a vote.


House Speaker John Boehner of Ohio said the House would not vote on any Senate-passed measure "until House members, and the American people, have been able to review" it.






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Biden, McConnell continue ‘cliff’ talks as clock winds down

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Vice President Biden and Senate Minority Leader Mitch McConnell (R-Ky.) continued urgent talks Monday over a deal to avoid the “fiscal cliff” after Democrats offered several significant concessions on taxes, including a proposal to raise rates only on earnings over $450,000 a year.


With a New Year’s Eve deadline hours away, Democrats abandoned their earlier demand to raise tax rates on household income over $250,000 a year. President Obama had vowed repeatedly during his reelection campaign to allow tax cuts to expire for incomes over that level.


Democrats also relented on the politically sensitive issue of the estate tax, according to a detailed account of the Democratic offer obtained by The Washington Post. They promised instead to hold a vote in the Senate that would guarantee that taxes on inherited estates remain at their current low levels, a key GOP demand.

McConnell’s office reported that talks continued between the Republican leader and Biden early Monday, with conversations taking place at 12:45 a.m. and 6:30 a.m. EST. A spokesman for McConnell expressed some hope of reaching a deal.

McConnell was holding out to set the income threshold for tax increases even higher, at $550,000, according to people close to the talks in both parties. And he was protesting a Democratic proposal to raise taxes on investment profits for households with income above $250,000.

The two sides were also sharply at odds over automatic spending cuts set to decimate budgets at the Pentagon and other federal agencies next month. Democrats were seeking to delay the cuts, known as the “sequester,” until 2015, without identifying other savings to compensate. They were also pressing to extend unemployment benefits, farm subsidies and Medicare payments to doctors, again without offsetting cuts as Republicans demand.

“The Leader and the VP continued their discussion late into the evening and will continue to work toward a solution,” Don Stewart, McConnell’s spokesman, said in a statement Monday.

Sen. Jon Kyl (R-Ariz.) said Monday morning that a “lot of progress” has been made in the fiscal cliff talks, but he cautioned that “there is no agreement yet,” Reuters news agency reported.

“Conversations are still ongoing,” Kyl said. “There has been a lot of progress.” Asked how long the talks could go on, Kyl said, “I guess until 11:59.”

Rep. Chris Van Hollen (D-Md.), the top Democrat on the House Budget Committee, also expressed some optimism Monday.

“I think there is some good news,” he said on CNN. “I think now there’s a better than 50-50 chance that we will avoid the fiscal cliff by midnight tonight.” He added: “It is a very open question about whether or not something put together in the Senate would be able to get enough votes in the House. But first things first. Let’s first see if they can get an agreement in the Senate.”

Van Hollen declined to get into specifics publicly about the latest tax-rate levels, but he said, “There’s been a lot of flexibility on the Democratic side on that issue, and now we’re waiting for additional flexibility on the Republican side.” He said that lawmakers still would like to “find an alternative set of deficit reduction to replace these meat-ax, across-the-board cuts. So that remains part of the conversation.”

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HTC hopes to get ahead of competition in 2013

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TAIPEI: Taiwan's economy has been one of the worst performing economies in Asia this year.

A decline in exports has slowed its full year economic growth to one per cent.

2012 was a tough year for Taiwan's technology industry, especially for smartphone maker HTC, which lost much of its global market to rivals Apple and Samsung.

Its falling sales had not only hurt HTC's bottom-line, but also dragged Taiwan's exports into negative growth.

HTC is stepping up efforts to woo consumers. It hopes to turn its fortune around with new gadgets.

"Our storage capacity for HTC One X has increased to 64GB from the previous 32GB. Plus, its battery life is longer by up to 37 per cent," said Eric Chen, HTC Taiwan's marketing director on its HTC One X handset.

As Asia's second largest handset maker, HTC saw its sales falling some 40 per cent this year.

Competition from Apple and Samsung halved its global market share to 4 per cent.

This took a toll on Taiwan's export growth, of which a quarter came from HTC.

Sam Shen, Market Intelligence and Consulting Institute director said: "HTC's shipments last year exceeded 53 million units. This year could shrink to some 40 million units. So the decline stood out in the overall export figures."

The island's exports in 2012 are likely to contract by more than 2 per cent, to their lowest level in three years.

But Taiwan's market intelligence agency believes the worst is over for HTC.

Mr Shen said: "With the continuing advancement of smartphones and their key components, there's going to be greater demand from the emerging economies. Overall, the market will remain competitive, but demand will be high."

Global shipments for smartphones are expected to grow by more than 20 per cent in 2013.

HTC is fighting back by expanding its presence in China, the fastest growing market in the world. Still, it could be a rough road ahead for the company.

"On the high-end smartphones, HTC is competing against Samsung and Apple. And on the low-end handsets, HTC is up against China's Huawei Technologies and ZTE. So it's going to be tough," said Masson Li, Taishin Securities Investment Advisory's co-vice president.

Mr Li added: "Actually the lines between smartphones and tablets are blurring. So more tablet makers may want to get a piece of the smartphone market."

While it may take a while for HTC to get back on its feet, Taiwan can still count on tablets for support.

Currently, more than 80 per cent of tablets in the world are made by Taiwanese firms.

According to IDC, global shipments for tablets are estimated to soar 40 per cent in the coming year.

If the global market regains momentum as expected, Taiwan's economic growth could exceed 3 per cent in 2013.

- CNA/xq



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UP government to give Rs 20 lakh compensation for Delhi-gang-rape victim's family

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LUCKNOW: Uttar Pradesh (UP) government on Monday announced Rs 20 lakh compensation for the family of the Delhi gang-rape victim who succumbed to injuries two days ago. The compensation will be given from the chief minister's discretionary fund.

Earlier, on December 21, chief minister Akhilesh Yadav had announced to give Rs five lakh financial assistance to the family of the victim in addition to the the offer to all medical expenses and a job after recovery.

The family hails from a village in Ballia district of the state and had moved to Delhi 20 years ago but is still connected to its native place.

The victim's father is a daily-wage loader at the IGI airport in Delhi. He had taken a loan for the education of his daughter who wanted to be a physiotherapist. His two sons are still studying.

The chief minister announced the Rs 20 lakh compensation overlooking the criticism of Bahujan Samaj Party (BSP) chief Mayawati and Shahi Imam of Delhi's Jama Masjid Imam Bukhari. Mayawati had said that compensation is fine but the state government should focus on preventing rapes and provide speedy justice. She had also alleged that crime against women has increased manifold in first nine months of Samajwadi Party (SP) rule in the state. Bukhari had said that SP government should have also announced compensation for the Muslim rape victims.

Earlier today, the Delhi government announced financial aid of Rs 15 lakh for the next of the kin of the 23-year-old gang-rape victim and offered a job to a family member of the girl, who died two days ago.

The decisions were taken at a cabinet meeting presided over by chief minister Sheila Dikshit.

The phsyiotherapy student was brutally gang-raped and assaulted in a moving bus in south Delhi on December 16. She breathed her last in a Singapore hospital on Saturday morning and her mortal remains were cremated here on Sunday.

(Inputs from PTI)

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Time's Up: Sides Closing In on 'Fiscal Cliff' Deal

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Congressional and White House negotiators are closing in on a deal to avert across-the-board tax hikes and spending cuts that take effect at midnight, as the nation teeters on the edge of the so-called fiscal cliff.


An emerging tentative agreement would extend current tax rates for households making $450,000 or less; extend the estate tax at its current level of 35 percent for estates larger than $5 million; and prevent the Alternative Minimum Tax from hammering millions of middle-class workers, sources said.


The deal would also extend unemployment benefits set to expire Tuesday and avert a steep cut to Medicare payments for doctors.


Both sides also seem willing to delay by three months automatic spending cuts to defense and domestic programs, the sources said, setting the stage for continued fiscal debate in the next few months tied to the debt ceiling.


Vice President Joe Biden and Senate Minority Leader Mitch McConnell, R-Ky., are leading the negotiations, sources said, holding several "good" conversations late into Sunday night and continuing a dialogue early this morning.


They are trying to broker an elusive compromise on taxes and spending that can win the support of bipartisan majorities in the Senate and House.


Even if a deal is reached between Biden and McConnell, members in both chambers would still need to review it and vote on it later today.










Failure of Congress to act on a tax measure by Tuesday morning would trigger income tax hikes on all Americans. The average family would pay an extra $3,446 in 2013 under the higher rates, according to the Tax Policy Center.


Regardless of the "cliff," virtually all workers are due to see less in their paychecks starting in January when the temporary 2 percent payroll tax cut will expire.


More than $1 trillion in automatic spending cuts to defense and domestic programs will also begin to take effect later this week unless Congress delays or replaces them.


"It is absolutely inexcusable that all of us find ourselves in this place at this time," Sen. Joe Manchin, D-W.Va., said Sunday night on the Senate floor.


"Something has gone terribly wrong when the biggest threat to our American economy is our American Congress," he said, echoing a frustration shared by many Americans.


Republican and Democratic Senate leaders wrangled all weekend over the outlines of a deal, but those talks eventually hit a brick wall on GOP insistence that Social Security savings be included in a deal.


"I want everyone to know I'm willing to get this done, but I need a dance partner," McConnell said Sunday, noting that he had directly reached out to Biden to break the impasse.


As part of any deficit reduction deal, the White House wants to raise income tax rates on people making more than $250,000 a year, a threshold on which President Obama campaigned for re-election.


Republicans, caving on outright opposition to any tax increases, want a higher income threshold for the tax hike of around $450,000, sources said. They also want to prevent the estate tax from rising above its current 35 percent rate on estates of $5.1 million or more.


"There is still significant distance between the two sides, but negotiations continue," Senate Majority Leader Harry Reid of Nevada said Sunday evening. "There is still time to reach an agreement, and we intend to continue negotiations."


Both sides say the cost of failure is high.


"If we are not able to reach an agreement, it will be dire," Sen. Jon Kyl, R-Ariz., said Sunday on ABC's "This Week." "Probably at least another million jobs lost, an unemployment rate over 9 percent, and putting us back into recession."



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