Foo Mee Har leaves Standard Chartered senior banker post






SINGAPORE: Member of Parliament for West Coast GRC Foo Mee Har has resigned as Standard Chartered Bank's Global Head for Priority Banking and International Banking to pursue other interests.

In a Facebook posting on Tuesday, Ms Foo added that she was pleased to take on a non-executive role in the Bank and to continue contributing in such a capacity in Asia.

She added: "I am excited about this new direction in my life. Amongst other things, I am looking forward to spending time on a number of initiatives in the pipeline for the Ayer Rajah constituency." - TODAY



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SP, BSP slam govt on FDI policy, vague on voting

NEW DELHI: The much-talked about debate on FDI in retail in the Lok Sabha today saw SP and BSP joining the opposition in slamming the government over it but remaining ambivalent on voting tomorrow even as UPA ally DMK vowed not to rock the boat despite its opposition to the move.

SP chief Mulayam Singh Yadav cautioned the Congress that the FDI decision would hurt its poll prospects and benefit the BJP, as he and BSP leader Dara Singh Chauhan counselled the government not to rush with its implementation.

Both parties, whose support is crucial for UPA, termed as "fraud" the government's contention that the FDI decision would lead to job creation and saw it as a "conspiracy" to finish off the 25 crore small traders in the country.

Yadav and Chauhan went to the extent of invoking Mahatma Gandhi in expressing opposition to FDI, with the SP chief telling Congress President Sonia Gandhi that she should give "weightage" at least to her surname and defer the move.

Chauhan said his party will disclose tomorrow the way it will vote. "We are seriously thinking about whether to stand with the communal forces or not," he said.

Yadav too was silent on the voting issue even as he told the government, "The role of the Opposition is to give suggestions and we are doing that. We are suggesting that you give up the FDI decision," he said.

DMK leader T K S Elangovan said his party was strongly against FDI but "we will still not vote against you.... we will not let you down. We will not join the Opposition, we will not join the BJP...We will watch you and correct you."

Slamming the government, Leader of the Opposition Sushma Swaraj demanded withdrawal of the FDI decision in national interest fearing it would render retailers jobless, impoverish farmers and hurt consumers.

On the government's behalf, telecom minister Kapil Sibal accused the opposition of trying to score political points by objecting to FDI in retail and asserted that the decision would benefit farmers, small scale industries, youth and consumers in the country.

Sibal asserted that the FDI decision would benefit farmers, small scale industries, youth and consumers in the country and charged BJP and Left parties with ignoring "ground reality" and helping commission agents.

T K S Elangovan (DMK), key constituent of the UPA, said it was with the government only because "it is the need of the hour to save the fiscal condition of the states.

"So, we do not want to let you down. Secondly, we do not want to join the Opposition, we do not want to join the BJP. We are not neutral. We are against the FDI in multi-brand retail," he said.

Elangovan said the DMK does not want to oppose the government or vote against it because "we know that only the hand is injured and we do not want to put you for a whole body scan."

"So, we have time. We are with you. We will watch you and we will correct you as and when necessary because we have to face the people. One or two things may be not in the interest of the people for which we do not want to let you down. While registering my strong opposition to the FDI in multi-brand retail, I also support the government," he said.

Earlier, Yadav rejected government's contention that FDI would lead to growth and said if the Western countries like the US had not benefited and seen job creation how could it be good for India.

In this context, he referred to a provision in the FDI policy to implement it only in cities having a population of 10 lakhs or more. "If you are really convinced that it is beneficial then why are you not implementing it in the entire country," Yadav said.

He asked the government to do a rethink and not force suicides by farmers who depend only on agriculture.

Appealing to Sonia Gandhi to defer it, Yadav said if we realise later that it is beneficial we will support it.

He told Gandhi that polls were not far away and "clever" BJP and RSS will exploit this issue through their wide base in villages.

"You will not benefit electorally from it. They (BJP) will come to power. We will not come to power but we will give support to you or take support from you," he said.

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Mars Rover Detects Simple Organic Compounds


NASA's Mars rover Curiosity has detected several simple carbon-based organic compounds on Mars, but it remains unclear whether they were formed via Earthly contamination or whether they contain only elements indigenous to the planet.

Speaking at the American Geophysical Union annual meeting in San Francisco, Curiosity mission leaders also said that the compound perchlorate—identified previously in polar Mars—appeared to also be present in Gale Crater, the site of Curiosity's exploration.

The possible discovery of organics—or carbon-based compounds bonded to hydrogen, also called hydrocarbons—could have major implications for the mission's search for more complex organic material.

It would not necessarily mean that life exists now or ever existed on Mars, but it makes the possibility of Martian life—especially long ago when the planet was wetter and warmer—somewhat greater, since available carbon is considered to be so important to all known biology.

(See "Mars Curiosity Rover Finds Proof of Flowing Water—A First.")

The announcements came after several weeks of frenzied speculation about a "major discovery" by Curiosity on Mars. But project scientist John Grotzinger said that it remains too early to know whether Martian organics have been definitely discovered or if they're byproducts of contamination brought from Earth.

"When this data first came in, and then was confirmed in a second sample, we did have a hooting and hollering moment," he said.

"The enthusiasm we had was perhaps misunderstood. We're doing science at the pace of science, but news travels at a different speed."

Organics Detected Before on Mars

The organic compounds discovered—different combinations of carbon, hydrogen, and chlorine—are the same or similar to chlorinated organics detected in the mid-1970s by the Viking landers.

(Related: "Life on Mars Found by NASA's Viking Mission?")

At the time, the substances were written off as contamination brought from Earth, but now scientists know more about how the compounds could be formed on Mars. The big question remains whether the carbon found in the compounds is of Martian or Earthly origin.

Paul Mahaffy, the principal investigator of the instrument that may have found the simple organics—the Sample Analysis at Mars (SAM)—said that while the findings were not "definitive," they were significant and would require a great deal of further study.

Mahaffy also said the discovery came as a surprise, since the soil sample involved was hardly a prime target in the organics search. In fact, the soil was scooped primarily to clean out the rover's mobile laboratory and soil-delivery systems.

Called Rocknest, the site is a collection of rocks with rippled sand around them—an environment not considered particularly promising for discovery. The Curiosity team has always thought it had a much better chance of finding the organics in clays and sulfate minerals known to be present at the base of Mount Sharp, located in the Gale Crater, where the rover will head early next year.

(See the Mars rover Curiosity's first color pictures.)

The rover has been at Rocknest for a month and has scooped sand and soil five times. It was the first site where virtually all the instruments on Curiosity were used, Grotzinger said, and all of them proved to be working well.

They also worked well in unison—with one instrument giving the surprising signal that the minerals in the soil were not all crystalline, which led to the intensive examination of the non-crystalline portion to see if it contained any organics.

Rover Team "Very Confident"

The simple organics detected by SAM were in the chloromethane family, which contains compounds that are sometimes used to clean electronic equipment. Because it was plausible that Viking could have brought the compounds to Mars as contamination, that conclusion was broadly accepted.

But in 2010, Chris McKay of NASA's Ames Research Center and Rafael Navarro-Gonzalez of the National Autonomous University of Mexico published an influential paper describing how dichloromethane can be a byproduct of the heating of other organic material in the presence of the compound perchlorate.

They conducted the experiment because NASA's Phoenix mission had discovered large amounts of perchlorate in the northern polar soil of Mars, and it seems plausible that it would exist elsewhere on the planet.

"In terms of the SAM results, there are two important conclusions," said McKay, a scientist on the SAM team.

"The first is confirming the perchlorate story—that it's most likely there and seems to react at high temperatures with organic material to form the dichloromethane and other simple organics."

"The second is that we'll have to either find organics without perchlorates nearby, or find a way to get around that perchlorate wall that keeps us from identifying organics," he said.

Another SAM researcher, Danny Glavin of Goddard, said his team is "very confident" about the reported detection of the hydrocarbons, and that they were produced in the rover's ovens. He said it is clear that the chlorine in the compounds is from Mars, but less clear about the carbon.

"We will figure out what's going on here," he said. "We have the instruments and we have the people. And whatever the final conclusions, we will have learned important things about Mars that we can use in the months ahead."

Author of the National Geographic e-book Mars Landing 2012, Marc Kaufman has been a journalist for more than 35 years, including the past 12 as a science and space writer, foreign correspondent, and editor for the Washington Post. He is also author of First Contact: Scientific Breakthroughs in the Hunt for Life Beyond Earth, published in 2011, and has spoken extensively to crowds across the United States and abroad about astrobiology. He lives outside Washington, D.C., with his wife, Lynn Litterine.


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Insiders Reveal 2012 Election Secrets


ht obama romney meeting wy 121129 wblog New Revelations From Obama/Romney Campaign on Immigration, Facebook and That Eastwood Speech

Pete Souza/White House


The 2012 election cycle came full circle last week when representatives from the Obama and Romney campaigns, as well as top advisers to many of the GOP primary candidates and several influential outside groups, gathered at the Harvard Kennedy School of Government for a 2012 debrief — finally answering some of the lingering questions about the race.


On neutral ground in Cambridge, Mass., fierce rivals (think Romney campaign manager Matt Rhoades and strategist Stuart Stevens and Obama campaign manager Jim Messina and strategist David Axelrod) met for the first time since the election — and many for the first time ever.


The conference, organized by Harvard’s Institute of Politics, featured a who’s who of political bold-faced names from campaign 2012, including senior campaign aides like Romney political director Rich Beeson and pollster Neil Newhouse, Obama deputy campaign manager Stephanie Cutter and digital director Teddy Goff, Rick Santorum adviser John Brabender, former Rick Perry campaign operatives Rob Johnson and Dave Carney and even Mark Block, who ran Herman Cain’s short-lived but much-talked-about presidential bid.


Representatives from the outside groups that had so much influence — and spent so much money — on the election were also on hand, including Bill Burton, senior strategist for the pro-Obama super PAC, Priorities USA Action; Steven Law, head of the pro-Republican group American Crossroads; and Tim Phillips, president of the conservative Americans for Prosperity.


Dozens of campaign 2012 veterans and journalists were on hand for the sessions, which covered the GOP primary, the general election, campaign strategy, the debates, conventions and the emerging power of the super PACS.


Here are some of the highlights from the conference:


Romney’s Campaign Concedes Immigration Position in Primary Was a Mistake


Mitt Romney’s decision to take a hard-line stance on immigration during the GOP primary was considered a big reason for his paltry 27 percent showing among Latino voters. But, the conventional wisdom has suggested that Romney couldn’t have won the primary without drawing a strong contrast with Texas Gov. Rick Perry on this hot-button issue.


Romney campaign manager Matt Rhodes, however, says that his candidate could have won the primary without attacking Perry’s support for in-state tuition for illegal immigrants.  When asked by panel moderator Jonathan Martin of Politico whether he “regret[s] trying to outflank Perry on the right on immigration,” Rhoades took a long pause, and then shifted the conversation to Perry’s controversial statements about Social Security. Romney had attacked the Texas governor for calling the popular entitlement program a “Ponzi scheme” and a “failure.”


“In retrospect,” Rhoades said. “I believe we probably could have just beaten Perry with the Social Security hit.”


So while Rhoades never said he wished that Romney had never uttered the words, “self-deportation” he essentially conceded that he regrets the immigration position the governor took in the primary.


The Obama Campaign Only Fully Committed to Florida in Mid-September


If there was one state that the Romney campaign felt confident they were going to win it was Florida. And, until mid-September, the Obama campaign wasn’t convinced that they were going to contest the state. That changed in the aftermath of the strong convention in Charlotte, however, and the Obama campaign decided that they were going to go “full out” to win there.


Obama campaign strategist David Axelrod:


“One of the things that we had discussed internally was the state of Florida and how we were going to treat Florida. We had made a decision that we were going to wait until mid September and after the conventions to see where we were in Florida before we fully committed. We were in, we had invested a lot, but we hadn’t been in the Miami media market. When we emerged from conventions not only had we gotten a little bump, but we saw Florida remained very competitive and made the decision to go full out in Florida.”


Team Romney Never Read Clint Eastwood Speech


Romney strategist and convention director Russ Schrieffer was asked by panel moderator Ron Brownstein of National Journal if anyone actually read a copy of Eastwood’s speech. The answer: not so much.


Russ Schrieffer: “I said [to Eastwood] are you going to do what we talked about, are you going to talk about what you talked about at these fundraisers. And he looked at me and said.. ‘Yep.’ ”


Laughter followed Schrieffer’s comments to which he replied:


“It’s Clint Eastwood, you argue with him.”


Republicans Are Worried (And Rightly So) About the Technology Gap With Democrats: 


Jon Huntsman’s campaign manager Matt David noted that “one area we should freak out about is technology. The GOP is far behind there.”


The Obama campaign used social media as a means to an end — using technology as a way to recruit, persuade, target and turn out voters.  Obama’s digital campaign guru Teddy Goff pointed to the power of Facebook in helping to find a previously unreachable group of potential voters: the friends of those who were already voting for the President.


In 2008, said Goff, they found that “99 percent of our email list voted.” As such, Goff said, “We entered into this election, with an understanding that anyone we were talking to directly, the vast majority were voting for us. So the question was … how can we serve them with stuff that will make them go out and get their friends.” And, Obama’s Facebook fans were a great place to start. Obama’s 33 million Facebook fans globally are friends with 98 percent of the U.S. Facebook population, Goff said.


Facebook also helped the campaign track down their coveted 18-to-29-year-old cohort. Goff explained that they were unable to reach half of their 18-to-29 GOTV targets by phone because they didn’t have a phone number for them. But, he said, they could reach 85 percent of that group via a Friend of Barack Obama on Facebook. “We had an ability to reach those people who simply otherwise couldn’t be reached,” Goff said.


Was the Romney High Command Really and Truly Shocked on Election Night? 


Neil Newhouse, Romney pollster:


“Here’s what we saw in the data: you have to give credit to the Obama campaign for undercutting it. We saw in the last two weeks, an intensity advantage, a campaign interest advantage, an enthusiasm advantage for Republicans and Mitt Romney. … Just the same as we saw four years ago on behalf of Barack Obama. We thought it would tilt the partisan make-up of the electorate a couple points in our direction.


“We weren’t surprised by racial composition; we were surprised by the partisan composition. … The real hidden story here on our side, the number of white men who didn’t vote in this election compared to four years ago was extraordinary. And these white men were replaced by white women. We were taking a group we won by 27 points and replacing them with a group we won by 12-14 points.”


Perry Should Have Waited Until Late Fall, Not Summer, to Jump In:


Perry strategist Dave Carney said the biggest tactical mistake made by Perry was that “we should have started years ago.” Perry, as governor in a state with a part-time legislature, “had a lot of time on his hands” — he should have used that time, and his role as RGA chair, to meet donors and travel the country before 2011. Once Perry decided to get in, however, Carney argues the Perry should have waited until mid-October or November to get into the race. That extra few months, said Carney, “would have given us more time to be prepared and do the groundwork that was necessary on the issues.”


What Role Did Karl Rove Play With Republican Outside Groups Like American Crossroads, Which He Co-founded?


Steven Law, president and CEO of American Crossroads and president CrossroadsGPS:


“Karl … recognized it was really important to not simply have an organization exist in a particular cycle for a tactical use but to … start to build enduring institutional strength on the right the way that we saw the unions providing that for the Democrats. … And then there were certain other parts that I think Karl really gets credit for. The first is encouraging us to reach out to other center-right groups and to try to start to collaborate where we were legally permitted to do so to share information and encourage people to pull the oars in the same direction. On the fundraising side both he and Ed [Gillespie] and then later on Haley Barbour were all tremendously instrumental in harvesting their Rolodexes and relationships. Karl is a guy that’s got tremendously good ideas, and again, not so much on the tactical side but more kind of broad strategic moments and was a tremendously useful and valuable source of ideas along the way.”


Bill Burton, senior adviser, Priorities USA Action:


“He also helped us raise money. I probably e-mailed out every one of his columns to our donors — our high-dollar list — to point out what they were saying on the Republican side and how confident Rove was. … When he would go on TV bursting with confidence about Romney winning, that little click went around every single time. Karl Rove is an enduring figure for both sides.”


After Rove’s Appearance on Fox News on Election Night, Is He Discredited Within the Republican Party?


Steven Law:


“Absolutely not. We all get our turn in the barrel.”

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US manufacturing shrinks in November






WASHINGTON: US manufacturing activity contracted in November, with businesses blaming the slow global economy and uncertainty from the fiscal cliff battle in Washington, the ISM monthly survey showed on Monday.

Businesses also cited the impact of superstorm Sandy, which shut down much of the Northeast economy for several days at the beginning of the month.

The Institute for Supply Management's monthly manufacturing sector index fell to 49.5, in contraction territory below the 50 break-even level, from a positive 51.7 in October, snapping two straight monthly gains.

It was the lowest level on the index since July 2009.

Only six of 18 manufacturing sectors showed growth, with some survey respondents citing a general slowdown since midyear and others blaming the storm which blasted ashore in heavily industrial New Jersey at the end of October, shutting down New York and other major cities and cutting power for millions.

The sub-index for new orders fell 3.9 points to 50.3, and the employment index fell 3.7 points to 48.4. Inventories also contracted while price growth slowed, all showing the manufacturing sector as sluggish in the month.

"Global economic uncertainty still seems to be sticking around which is not necessarily making things worse, but it is also not making things better from a demand standpoint," said one respondent from the chemicals sector.

A respondent in the fabricated metal products industry called the looming fiscal cliff tax hikes and budget cuts that take effect in January unless politicians agree a budget compromise "the big worry right now."

"We will not look toward any type of expansion until this is addressed."

- AFP/de



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Court denies bail to Zee journalists

NEW DELHI: A Delhi court on Monday dismissed the bail plea of two Zee News journalists arrested on an extortion complaint filed by Congress MP Naveen Jindal's company Jindal Power and Steel Ltd.

Metropolitan Magistrate Rajinder Singh dismissed the bail plea of the duo, who were sent to 14 days' judicial custody November 30.

Sudhir Chaudhary, head of Zee News, and Samir Ahluwalia, head of Zee Business, were arrested here November 27 on charges of attempting to extort Rs 100 crore from Jindal Power and Steel Limited in exchange for not filing news reports linking the firm to the allegedly irregular coal block allocation.

The Jindal Group filed an extortion complaint against them.

Police booked both the journalists under Sections 384 (extortion), 120(b) (criminal conspiracy) and 511 (punishment for attempting to commit offences punishable with imprisonment for life or other imprisonment) of the Indian Penal Code (IPC). Before arresting Chaudhary and Ahluwalia Tuesday, police also charged them under Section 420 (cheating).

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Photos: Kilauea Lava Reaches the Sea









































































































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Republicans Weigh 'Doomsday' Fiscal Cliff Plan


Dec 3, 2012 9:39am







gty john boehner jt 121202 wblog Republican Doomsday Plan: Cave on Taxes, Vote Present

Alex Wong/Getty Images


Republicans are seriously considering a Doomsday Plan if fiscal cliff talks collapse entirely.  It’s quite simple:  House Republicans would allow a vote on extending the Bush middle class tax cuts (the bill passed in August by the Senate) and offer the President nothing more:  no extension of the debt ceiling, nothing on unemployment, nothing on closing loopholes.  Congress would recess for the holidays and the president would face a big battle early in the year over the debt ceiling.


Two senior Republican elected officials tell me this doomsday plan is becoming the most likely scenario.  A top GOP House  leadership aide confirms the plan is under consideration, but says Speaker Boehner has made no decision on whether to pursue it.


Under one variation of this Doomsday Plan, House Republicans would allow a vote on extending only the middle class tax cuts and Republicans, to express disapproval at the failure to extend all tax cuts, would vote “present” on the bill, allowing it to pass entirely on Democratic votes.


Infographic: The Fiscal Cliff


By doing this, Republicans avoid taking blame for tax increases on 98 percent of income tax payers.  As one senior Republican in Congress told me, “You don’t take a hostage you aren’t willing to shoot.”  Republicans aren’t willing to kill the middle class tax cuts, even if extending them alone will make it harder to later extend tax cuts on the wealthy.


Rep. Tom Cole, R-Okla., an influential conservative House Republican, is already on record supporting extending the middle class tax cuts — with or without the upper income tax cuts.  On Sunday, he said Republicans should embrace the extension of the middle class tax cuts and take credit for it.


“That’s a victory, not a loss,” Cole said on This Week with George Stephanopoulos.  ”And then we’re still free to try and fight over higher rates, offering revenue, which the Speaker has put on the table.”


Last week, Boehner said he disagreed with Cole.  But now a version of what Cole has called for looks more and more likely to happen.


Still unclear under this plan is what would happen to the automatic defense cuts — “sequestration” — scheduled to go into effect on January 1 without a deficit deal.  During the campaign, the President promised the cuts would not happen.  As part of the deal to allow the House vote on taxes, those automatic defense cuts could be put off for a year.


Get more pure politics at ABC News.com/Politics and a lighter take on the news at OTUSNews.com




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Tan Swie Hian is the most expensive living artist in S'pore






SINGAPORE: Singapore artist Tan Swie Hian's oil and acrylic painting "When the Moon Is Orbed" has been sold for RMB 18,975,000 or S$3.7 million.

This took place at the 2012 Poly Autumn Auction's Modern and Contemporary Chinese Art Evening Sale on Sunday.

This puts Tan, a Cultural Medallion winner, as the first living Singaporean artist to hit above the million-dollar mark in an auction.

Before this, the ink art painting "Singapore River Scene" by Lim Tze Peng, 89, held the record for the most expensive painting by a living local artist. On 27 May in Hong Kong, it fetched HK$620,000 (about S$101,800) at the Christie's auction.

Sixty-nine-year-old Tan painted "When the Moon Is Orbed" in Beijing earlier this year, after his successful solo exhibition in Beijing in October last year.

Tan said he has been recognised in China much earlier in his artistic endeavours, with a number of public artworks created by him in different parts of China, but acknowledges that this is the first time his work has appeared in an auction in China.

"In auctions, to be placed with names like Zeng Fanzhi, Luo Zhongli and Zhou Chunya, China's biggest names in contemporary art, is indeed recognition," Tan said. "China is emerging as the global art centre and it is a rare honour to be embraced by collectors there."

- CNA/ck



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FDI in retail to safeguard international market mafias' interest: BJP

ANI Dec 1, 2012, 03.28PM IST

NEW DELHI: India's main opposition Bharatiya Janata Party (BJP) today said retail reform is a step taken by the Congress led-federal government to safeguard the interests of the international market mafias at the cost of national interest.

BJP vice president Mukhtar Abbas Naqvi said on Saturday that voting inside the parliament would decide as to who is in favour of national interest and who is working for international interests.

"The government feels that their responsibility is to safeguard the interest of international market mafias instead of national interest and for saving the interest of international market mafias, the government is ready to compromise with national interests. Now, the parliament will decide as to who is in support of international market mafias and who are supporting national interests," said Naqvi.

The government's decision to allow foreign supermarket chains such as Wal-Mart had triggered protest not only from opposition parties but also from some of its allies.

BJP had sought debate on the issue of allowing Foreign Direct Investment (FDI) in the retail sector, under the rule that entails voting after discussions.

Meanwhile, Minister in the Prime Minister Office (PMO), V Narayanaswamy said the government would answer all the queries raised by the opposition parties in the parliament and will explain the benefits of allowing FDI in retail sector.

The lower house of parliament has set December 04 and 05 as the date to vote and debate on FDI. The dates for the upper house are yet to be decided.

Narayanaswamy said the government is confident of becoming victorious in the debate.

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