Sunday, June 23, 2013

Central bank group sees policy change challenge

(AP) ? A body that represents many of the world's top central banks says policymakers should be mindful of the risks of maintaining ultra-loose monetary policies too long.

The Bank for International Settlements, a Switzerland-based organization, said in its annual report Sunday that changing course will raise "significant challenges."

It says central banks will have to strike a balance between the risks of switching policy prematurely and those associated with delay.

While the former are well understood, the BIS says it's important "not to be complacent" about the latter just because they have yet to materialize. Rising inflation is often identified a key risk of keeping policy loose for too long.

Last week, the U.S. Federal Reserve said it could start reining in its bond-buying program this year. England

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-06-23-Central%20Banks/id-8cce2e001ae74fa69bf953982fff26f1

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NKorea demands dissolution of UN command in SKorea

UNITED NATIONS (AP) ? North Korea's U.N. envoy demanded the dissolution of the United Nations Command in South Korea on Friday, accusing the United States of using the force to prepare for war against the North and build an Asian version of NATO to realize President Barack Obama's pivot to Asia.

Ambassador Sin Son Ho told reporters at a rare news conference that the most pressing issue in northeast Asia today is the hostile relations between North Korea and the United States "which can lead to a new war at any moment."

He reiterated North Korea's surprise offer last Saturday of wide-ranging senior-level talks with the United States "to defuse tension on the Korean peninsula and ensure peace and security in the region."

The proposed talks followed months of rising tensions and anti-American rhetoric by North Korea and the collapse earlier this month of proposed high-level talks between North and South Korea, amid bickering over who would lead the two delegations.

Sin stressed that the deteriorating situation on the Korean peninsula "is not caused by the DPRK," the initials of the country's official name, the Democratic People's Republic of Korea.

"All deteriorations and intensified situations (are) entirely caused by the United States of America," he insisted on several occasions.

Sin said U.S.-North Korea talks should include replacing the armistice agreement that ended the 1950-53 Korean War ? and he stressed that one of the "prerequisite requirements" for establishing "a peace mechanism" to replace the armistice is the dissolution of the U.S.-led U.N. Command.

The ambassador said the talks can include "a world without nuclear weapons," which the United States has already proposed.

But he warned that North Korea will not give up its nuclear "self-defense deterrent" unless the United States "fundamentally and irreversibly abandons its hostile policy and nuclear threat" toward the North and dissolves the U.N. Command, which oversees the armistice, and as long as there are nuclear weapons on the Korean peninsula.

The U.S. State Department said: "The United States remains committed to authentic and credible talks on denuclearization" in order to implement a Sept. 19, 2005 joint statement in which the DPRK made a commitment to abandon all nuclear weapons and existing nuclear programs, and to bring North Korea into compliance with U.N. Security Council resolutions "through irreversible steps leading to denuclearization."

The Korean War ended in a truce, not a peace treaty, and left the Korean peninsula divided by a heavily fortified border monitored by the U.N. Command. Washington also stations 28,500 American troops in South Korea to protect its ally against North Korean aggression.

A U.N. Security Council resolution adopted two days after North Korean troops invaded South Korea on June 25, 1950, recommended that U.N. member states provide military forces and other assistance "to a unified command under the United States of America" to assist the South.

At peak strength, when the armistice was signed in July 1953, the command had over 930,000 troops from 17 countries, including more than 590,000 South Koreans and 302,000 Americans. Since then, the command has overseen the armistice.

In 1994, then U.N. secretary-general Boutros Boutros-Ghali distanced the United Nations from the U.N. Command saying in a letter to North Korea's foreign minister that the Security Council didn't establish it "but merely recommended the creation of such a command, specifying that it be under the authority of the United States."

"Therefore the dissolution of the unified command does not fall within the responsibility of any United Nations organ but is a matter within the competence of the Government of the United States," Boutros-Ghali was quoted as saying.

In a lengthy statement, Sin claimed the U.N. Command "was a tool of war for aggression which was organized by the U.S." and "has nothing to do with the U.N."

"The U.N. Command is the U.S. command in essence," he said, and if necessary the DPRK will submit the issue to the U.N. General Assembly to dissolve it.

Sin said all the facts show that the U.S. is gradually transforming the U.N. Command into a multinational military alliance "which would serve as a matrix of the Asian version of NATO" and "a stepping stone for the U.S. armed forces for aggression toward the DPRK and the realization of ... America's pivot to Asia strategy."

The U.S. aim, he said, is to make South Korea "a forward base for domination of (the) Asia Pacific region and hold fast to it as a cannon fodder for an aggressive war."

As a result, he said, "the situation on the Korean peninsula this year has reached to the full-scale nuclear showdown and to the brink of war between the DPRK and the U.S."

Sin's appearance before U.N. journalists was his first since June 15, 2010 when he vehemently denied any North Korean involvement in the sinking of a South Korean navy ship in March 2010 and demanded that military investigators from the North be allowed to go to the site to verify the results of a South Korean probe. It concluded the ship was sunk by a torpedo launched by a North Korean midget submarine.

The ambassador also answered questions on a number of other issues Friday, saying "we don't have any human rights problems in our country," that recent North Korean talks with China were "very friendly," and that the U.S. should "stop economic sanctions against us."

___

Associated Press Writer Maria Sanminiatelli contributed to this report from the United Nations

Source: http://news.yahoo.com/nkorea-demands-dissolution-un-command-skorea-160628448.html

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Saturday, June 22, 2013

Hands-on with the LG Optimus F3

Android Central

Sprint was on hand at last night's Pepcom showcase to highlight its next cream-of-the-entry-level-crop, the LG Optimus F3, available now for a mere $30 on contract. It's undoubtedly a starter phone, designed specifically with the blind and visually impaired thanks to its bundled Google TalkBack software. With extensive text-to-speech capabilities, the F3 is the go-to device for those looking for a budget-conscious, entry-level-friendly handset.

Spec-wise, the F3 packs a 4-inch WVGA display, a 1.5 GHz dual-core processor, and Gorilla Glass 2, adding up to a fact sheet that's both underwhelming for the power user yet  totally respectable for the first-time buyer. The real star here is Google's TalkBack, which lends its extensive capabilities to the visually impaired-centric F3.

The Optimus F3 ships in both silver and purple and is available now in Sprint stores and on sprint.com for $29 with a two year contrac.t  Shots of the device can be found after the break.

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Source: http://feedproxy.google.com/~r/androidcentral/~3/76u16mIZJWA/story01.htm

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Box Office: Brad Pitt's 'World War Z' Earns Solid $3.6M on Thursday

By Brent Lang

LOS ANGELES (TheWrap.com) - So much for bad buzz, because "World War Z" is not the box-office disaster that some observers had gleefully speculated it would be.

The zombie thriller grossed a solid $3.6 million in late night showings Thursday night, according to studio estimates. The Brad Pitt-led cast of thousands racked up those numbers in 2,600 screens. It expands to more than 3,600 screens on Friday and is projected to generate roughly $50 million over the weekend.

The midnight numbers fall short of those generated by blockbusters like "Man of Steel" and "Iron Man 3," but they compare favorably with "The Great Gatsby," which earned $3.25 million in its late night showings on its way to a $50 million opening.

Despite the hot start, "World War Z" is not expected to be the weekend's top film. That honor will likely go to "Monsters University." The 3D prequel to 2001's "Monsters Inc." is projected to matriculate with around $70 million. If tracking holds, that will give Pixar its 14th consecutive first place opening.

Still it's a remarkable turn around for the $190 million-budgeted "World War Z," which had been plagued with reports of cost-overruns and expensive re-shoots, including an 11th hour decision to cook up a new ending.

The global backdrop of the zombie pandemic film appeared to be paying off as well. "World War Z" grossed a total of $5.7 million internationally on Thursday from territories like Korea, Argentina and Australia.

"World War Z" finds Pitt as a United Nations bureaucrat racing around the world in the hopes of stopping a virus that's turning the population into flesh-eating members of the undead. Reviews have been decent with the film earning a respectable 68 percent "fresh" rating on the critics aggregator Rotten Tomatoes.

Source: http://news.yahoo.com/box-office-brad-pitts-world-war-z-earns-224647346.html

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U.S. Charges Snowden in Security-Leak Case (WSJ)

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Friday, June 21, 2013

Samsung ATIV Q: hands-on with Sammy's new Windows-Android slider

Samsung ATIV Q: hands-on with Sammy's new Windows-Android slider

The products keep coming. The latest announcement from Samsung is a new addition to its ATIV range and it's a hybrid in more ways than one. Similar to the ASUS Transformer Book Trio, announced earlier this month at Computex, Samsung just introduced its own dual-OS portable. It's called the ATIV Q, and it combines Android 4.2 and Windows 8, with equal parts tablet and typing. Under the hood, the device is powered by a Haswell-series Intel Core i5 processor and manages to fit a 13.3-inch, 3,200 x 1,800 touchscreen into a 1.29kg package that measures just 13.9mm thick. Other notable specs include an S Pen with 1,024 degrees of sensitivity. There's space for the stylus to be stored in the bottom corner of the device. Hardware considerations have also been folded into the design, with the processor housed inside the ATIV Q's hinge. Samsung says that this ensures that heat dissipates from the back of the device.

A software highlight from this particular Windows 8-Android team-up is the ability to share files (photos, documents... seemingly anything that can be opened with programs on the other OS) and share folders across the operating system divide. We can certainly see the usefulness in this approach -- sharing images to your favorite Android social app and generally unifying how you use the hybrid, regardless of OS. The ATIV Q will launch globally in Q3, and we've been told "in time for the back-to-school season", which sounds like sooner rather than later. We've managed to spend a bit of time with the new multi-talented slider: check out some first impressions after the break

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Source: http://www.engadget.com/2013/06/20/samsung-ativ-q-hands-on-with-the-new-windows-android-slider/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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New Bing Experiment Adds Curated Lists Of Links, Images And Videos From Experts To Search Results

boards_7742F0BDMicrosoft today announced a new experiment for its Bing search engine that’s a bit different from the usual social search and algorithm updates we’ve come to expect from the service. Bing Boards, as this new effort is called, aims to create something akin to curated search results for a select group of searches. These lists, Microsoft says, “are visual collections of images, videos and links that tell a story from a unique point of view.” Currently, Microsoft is working with a small group of food and lifestyle bloggers, experts and “social influencers” to create these boards. If the experiment works out, the company plans to expand these offerings to other users and topics. For the time being, though, Microsoft isn’t saying how exactly its curators are creating these lists. Here is an example for a search query that brings up a Bing Board in the sidebar. The Bing team argues that what it’s trying to do here is similar to what it’s been doing with social search all along. “In the same way that we?ve brought knowledge from friends and recognized experts into search, we?re providing a new way for passionate people to create highly specialized content, specifically for search,” Bing Experiences Program Manager Chen Fang writes. Fang notes that these results are meant to be complementary to Bing’s regular web search results and will appear in Bing’s middle column. Microsoft also announced that it’s going to run a number of other social and community experiments on Bing in the near future. While Google seems to have de-emphasized social search, Bing still remains focused on the social aspects of search, and, if anything, it looks like it’s now doubling down on these features in an effort to set itself apart from its competitors.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/BWWlbcmvATE/

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