FDI: Congress woos Mulayam, Maya for Rajya Sabha numbers

NEW DELHI: With the BSP continuing to resist the Congress's persuasion to openly support the decision to allow foreign retail chains into the country, the government on Tuesday furiously cranked up its efforts to dodge a likely defeat in Rajya Sabha.

On a day when the SP and the BSP, serial saviours of the government in crunch situations, slammed the FDI decision in the Lok Sabha debate, the government was preoccupied with the worry of losing the numbers game in the other House. Unlike in the Lok Sabha, where the SP and BSP can help the government clear the numbers test by merely abstaining, the UPA will need the direct support of one of the UP outfits to score a certain win.

The BSP, just like the SP, did not join other non-UPA parties in insisting on a debate in Rajya Sabha under a voting clause, Rule 168 to be precise, besides declaring in Lok Sabha its inability to join communal forces: code for the BJP. However, the Congress's hopes of persuading the BSP to turn its indirect assistance into open support by voting against the opposition failed to materialize on Tuesday, leading UPA managers to fish for all possible numbers in the upper House.

Congress sources said the BSP has expressed its inability to move beyond abstention during the vote in LS on Wednesday, citing the SP's decision not to vote with the government and arguing that it cannot afford to cede political mileage to its main foe.

BSP chief Mayawati told Congress's emissaries that she would reveal her hand just before the Lok Sabha vote, at a meeting of her MPs she has called at 4 pm. However, Congress managers recognize that she may find it difficult to take a line different from Mulayam Singh Yadav, given their intense rivalry in UP; as well as that she may find it difficult to behave differently in RS when the upper House takes up the vote on Friday.

After an urgent meeting, Congress sources expressed hope that the government would squeak through by four votes if it manages to ensure the presence of all the members who are non-aligned — a category that covers Independents, the unattached as well as all nominated members except Sachin Tendulkar.

The absence of the BSP and the SP will reduce RS's effective strength to 220, leaving the opposition with a wafer-thin edge. The anti-FDI column has 110 votes, pushing the government into a situation where the absence of even one of its members can lead to a politically embarrassing defeat. The BSP, with 15 members, can tilt the scales decisively.

In contrast, the government is sure of smooth sailing in LS: its confidence reflected in its nonchalance when the SP and BSP launched a severe attack on FDI. With 43 seats between them, the two UP outfits can tilt the scales decisively in LS in case they choose to translate their rhetoric against FDI into a vote against government's decision, taking the number of anti-FDI votes to 261 as against 245 committed for the UPA.

In attacking FDI, Mulayam was unambiguous. Yet, his barbs elicited earnest nods from the Congress brass led by Sonia Gandhi. The FDI vote is another demonstration of how the Congress has successfully balanced arch-rivals from UP into backing the Centre.

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Oldest Giant Panda Relative Found in Spain

The oldest relative of the giant panda has been discovered in Spain—suggesting that the animals' ancestors originated in Europe, a new study says.

Dubbed Kretzoiarctos beatrix, the 11-million-year-old species was previously named Agriarctos beatrix based on a few fossil teeth found at a paleontological site near Zaragoza, Spain (map). Agriarctos is an extinct genus of European bear and a possible panda ancestor that lived eight to nine million years ago. (Read about the previous research.)

Earlier this year, scientists found a piece of A. beatrix's jaw, allowing them to compare it with that of another ancient Agriarctos bear from Hungary. In doing so, the team determined that A. beatrix is actually its own genus, which they called Kretzoiarctos.

The newly named K. beatrix pushes back the origin of giant pandas by a few million years, making it the oldest recorded giant panda relative, said study leader Juan Abella, a paleobiologist at the Museo Nacional de Ciencias Naturales in Madrid, Spain.

"Therefore, the origin of this group is not located in China, where the [giant panda] species lives, but in the warm and humid regions of [southwestern] Europe," Abella said in May.

(See: "Ancient Bear DNA Mapped—A First for Extinct Species.")

New Bear Was Panda-Like?

K. beatrix likely shared some similarities with today's giant panda.

For one, says Abella, the newfound jaw fragment shows the animal was likely an omnivore that fed on tough plants, like modern-day pandas. Also like them, and like most existing species of small bears, K. beatrix was probably a great climber. According to Abella, it would have had to scramble up trees to escape big predators of the day—such as extinct, doglike carnivores called bear-dogs—in the forests of what's now Spain.

But at 130 pounds (60 kilograms), K. beatrix was smaller than modern pandas and even more petite than the modern-day sun bear or spectacled bear.

(See "Biggest Bear Ever Found-'It Blew My Mind,' Expert Says.")

An Epic Trek?

It's still unclear how panda ancestors made the epic trek from Europe to China.

Previous research suggests bears generally can migrate easily if the climate is mild enough, Abella said. Eleven million years ago, southwestern Europe was warm and humid-good conditions for starting out, he said.

The bears likely migrated mostly on land. One potential barrier—an ancient European sea called Parathetys—was already shrinking during the Middle Miocene, when K. beatrix lived, said Abella.

As for whether K. beatrix made it to China, "We don't really know, but no fossil remains of this species have been found outside Spain."

Whatever its history, the new research shows that K. beatrix was not your average bear.

The oldest panda relative study was published November 14 in the journal PLoS ONE.

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Republicans make 'fiscal cliff' counter-offer

WASHINGTON: Republicans on Monday laid out a proposal for closing the huge US deficit that raises half the income proposed by President Barack Obama and opposes a higher tax rate increase for the rich.

Their $2.2 trillion deficit reduction proposal agreed to the permanent extension of tax cuts, a move that would mitigate much of the impact of the looming fiscal cliff.

But they did not immediately address Obama's call to modify or delay the drastic "sequester" spending cuts slated to begin on January 1 that could sharply slow growth.

Instead they proposed slashing $1.2 trillion from federal spending over 10 years, including $600 billion from Medicare, which covers health insurance for the elderly.

In a letter to Obama, top Republicans assailed his focus on raising government income by $1.6 trillion rather than spending cuts to right the deficit as "neither balanced nor realistic."

And they rejected Obama's insistence on extending the tax cuts only for middle class households, while raising rates for the wealthy.

"The proposal also includes four times as much tax revenue as spending cuts, in stark contrast to the 'balanced approach' on which you campaigned," they said.

The Republicans countered with $800 billion in tax increases through "pro-growth tax reform" that lowers tax rates but boosts income by closing loopholes and special deductions for companies and households.

And against Obama's $600 billion in spending cuts, the Republicans proposed a $1.2 trillion package based on a plan first introduced a year ago that was rejected in Congress.

"This is by no means an adequate long-term solution, as resolving our long-term fiscal crisis will require fundamental entitlement reform," the letter said.

But it called the Republican proposal "fair middle ground that allows us to avert the fiscal cliff without hurting our economy and destroying jobs."

- AFP/fa

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Samajwadi Party keeps UPA in suspense over FDI vote

LUCKNOW: The Samajwadi Party is still playing a guessing game over the vote on FDI in Parliament. Political pundits have not ruled out the possibility of the SP voting against the Foreign Direct Investment (FDI), at least in Rajya Sabha, to gain political edge over the Bahujan Samaj Party if it abstains from voting. SP chief Mulayam Singh Yadav will, however, take the final call on his party's stance in Lok Sabha.

Lok Sabha will debate and vote on FDI under Rule 184 while Rajya Sabha will do the same under Rule 168. Both the rules entail voting. The results may end up embarrassing the UPA ahead of 2014 general elections if it falls short of the numbers, albeit there is no threat to its survival.

Given the conflict of political interests, SP may stand against arch rival BSP in both the Houses without posing any immediate threat to the UPA. The party is trying to achieve dual goals: one, to show that it will not side with the UPA; and, second, to gain political edge over the BSP. Although SP leader Ram Gopal Yadav on Thursday stated that the party would not allow passage of FDI in Rajya Sabha, hours later Mulayam contradicted him claiming that the party was yet to decide on the issue.

The UPA is in minority in Rajya Sabha with 87 MPs and unlikely to reach 122 majority mark as it will require roping in "outside-supporters" like the BSP (15 MPs), SP (nine) and RJD (two) which totals 113 votes. The UPA can bank on nine out of the 10 nominated MPs whom it backed except Sachem Tendulkar who is playing the ongoing Test series against England. The UPA can also count on the remaining seven independent and those from smaller parties to cross the 122 mark.

A vote against FDI will help SP strengthen its ties with the Left parties, as a result of which he hopes to become third front's prime minister in 2014. Most SP leaders favour voting against FDI. The mood is a binding factor for Mulayam's new found bonhomie with veteran Congressman ND Tewari, who is believed to be depending on Mulayam to settle scores with the party. Tewari, sources said, has assured Mulayam of support from at least three of his loyalists, who are sitting Congress MPs, after 2014 elections.

SP's only concern is that voting against the FDI will see it aligning with the BJP which is set to reject FDI in multi-brand retail.

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Boehner Makes Fiscal Cliff Counter-Offer

Dec 3, 2012 3:19pm

House Speaker John Boehner today sent President Obama a counter-proposal on how to cut the deficit that he called a “credible plan” to break the stalemate in negotiations to keep the country from going off the “fiscal cliff.”

In the plan, Republicans offer a total of $2.2 trillion in deficit reduction over the next decade. That would give lawmakers enough savings to off-set $1.2 trillion in automatic cuts set to begin to take effect Jan. 2, 2013, but senior Republican aides said it does not explicitly include an offer to address the standoff over whether the president or Congress should have power over debt limit increases.

The GOP deal offers $800 billion in new revenue through tax reform, but Boehner insist that tax rates should not go up on the top 2 percent of taxpayers.

The offer also proposes $600 billion in health savings, $300 billion in additional mandatory savings, $300 billion in discretionary spending cuts, and $200 billion through revisions to the way the Consumer Price Index is calculated across federal pensions and programs like Social Security.

“What we’re putting forth is a credible plan that deserves serious consideration by the White House, and I would hope that they would respond in a timely and responsible way,” Boehner, R-Ohio, told reporters today when he dropped into a staff briefing on the counteroffer. “We could have responded in kind, but decided not to do that.”

“Going over the cliff will hurt our economy and hurt job creation in our country. It’s one of the reasons why the day after the election, I offered a concession to try to speed this process up by putting revenue on the table,” Boehner said.

“Unfortunately the White House responded with the La-la-land offer that couldn’t pass the House, couldn’t pass the Senate.”

Boehner said the president’s offer last week was “basically the president’s budget from last February,” which he noted received no votes in the House and no votes in the Senate.

Now, in a letter to the president, House Republicans devised an offer based on Erskine Bowles’ proposal to the Joint Select Committee on Deficit Reduction, the so-called super committee.

The president had asked for about $1.6 trillion in new revenue, including about $800 billion from allowing tax cuts on income over $250,000 a year expire. Obama also asked for about $400 billion in new stimulus spending.

The letter with the proposal was sent to the president around 2 p.m. today.

The speaker said he did not intend to speak with the president personally about the offer, but he “might run into him” tonight at a holiday reception at the White House.

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

SHOWS: World News

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‘Fiscal cliff’ debate: Who are the key players?

The “fiscal cliff” nears, and judging from the rhetoric coming from congressional Republicans and the White House of late, a deal is not near. (House Speaker John Boehner declared “stalemate” late last week.)

Of course, like a procrastinating college student writing an end-of-semester term paper, Congress tends to do its best work with a deadline looming, so veteran Capitol Hill watchers insist that the possibility of a deal remains intact — despite the appearance to the contrary.

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French minister says 'no confidence' in steel tycoon Mittal

PARIS: A French minister cast doubt Sunday on whether the world's top steelmaker ArcelorMittal would keep its end of the bargain after a compromise deal on a key plant that Paris had threatened to nationalise.

The dispute over the closure of blast furnaces at the Florange plant risked damaging France's image among investors, after a virulent attack by a minister on the company owned by Indian-born steel tycoon Lakshmi Mittal.

"There has been an agreement but there is no confidence," French Ecology Minister Delphine Batho told the iTele network.

"Mittal has never kept his promises in the past," she said. "We are absolutely mobilised and the arm-wrestling with Mittal will continue to ensure that the pledges are respected."

Unions also echoed her fears, while Prime Minister Jean-Marc Ayrault defended the compromise deal.

"Our negotiations with Mittal had been bitter and difficult because we refused vague statements and wanted unconditional and specific commitments," Ayrault told the regional daily Le Republicain Lorrain.

The head of the French employers federation Medef, Laurence Parisot, also hailed the accord, saying it was "very clear: there is no job loss".

She added, however, that the doubts regarding Mittal's good faith were "dramatic", as union representatives voiced their concerns.

"The government's decision has created a lot of disappointment and left a bitter taste," said Jean-Claude Mailly, secretary general of Force Ouvriere, one of France's top three unions.

Mailly told the weekly Journal du Dimanche that he was "very sceptical" about Mittal's promises.

"He had (earlier) promised 320 million for Florange but we never saw the cash," he said.

"We have the feeling we have once again been betrayed," said Edouard Martin, a spokesman for the CFDT union at the Florange plant. "We don't trust Mittal at all."

The unions are due to meet Ayrault on Wednesday.

Ayrault announced a deal Friday in which he said ArcelorMittal had committed to invest at least 180 million euros ($234 million) over five years at the Florange site in northeastern France.

The government and the steelmaker had been waging high-stakes brinkmanship for weeks over the fate of two blast furnaces at the plant.

ArcelorMittal wanted to shut them for good because of a slump in demand for low-end steel products.

It had given the government until December 1 to find a buyer for the blast furnaces after which it would begin laying off around 630 employees.

The government responded by threatening to nationalise the entire site, which contains facilities to produce higher-end products that ArcelorMittal wanted to keep. Paris said it could not find a buyer for just the furnaces.

Under Friday's deal, the two blast furnaces ArcelorMittal had closed would be left intact until EU financing was confirmed for an existing carbon-capture project, while ArcelorMittal agreed not to proceed with forced job cuts.

A decision on funding the project will be taken on December 20, a week after it is examined by the member states, a top European source told AFP in Brussels.

The dispute had left President Francois Hollande's government caught between a pledge to protect jobs and the need to improve industrial competitiveness in the face of rising unemployment and stagnant growth.

It also came at a difficult time for ArcelorMittal. The company is saddled with a debt mountain that is expected to rise to $22 billion by the end of the year, with Moody's recently downgrading its credit rating to junk status.

- AFP/fa

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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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Chiefs: Jovan Didn't Have 'Long Concussion History'

The death of Kansas City Chiefs linebacker Jovan Belcher, the latest in a string of tragic NFL suicides, has left the player's teammates, coaches, family and friends wondering what could have led a man described as generous and caring to murder his girlfriend -- the mother of his 3-month-old daughter -- and then kill himself.

Kansas City police say Belcher, 25, shot and killed his girlfriend Saturday morning before going to the team stadium and and committing suicide by shooting himself in the head as he was talking to coaches.

"When the officers arrived, when they were pulling up, they actually observed a black male who had a gun to his head and he was talking to a couple of coaches out in the parking lot," Kansas City Police spokesman Darin Snapp told ABC News Radio. "As officers pulled up, and began to park, that's when they heard the gunshot and it appears the individual took his own life."

It's not yet clear what prompted Belcher's actions, but his suicide follows those of former NFL players Junior Seau, 43, and Dave Duerson, 50, both of whom died of self-inflicted gunshot wounds to the chest in the last two years.

The suicides of Seau, Duerson and a number of other NFL players have been blamed on concussions racked up from playing the violent sport, and a condition called chronic traumatic encephalopathy, or CTE, but that may not be the case for Belcher.

Kansas City Chiefs Player Jovan Belcher's Murder-Suicide Watch Video

Did Brain Injury Lead to NFL Star's Suicide? Watch Video

Chiefs chairman Clark Hunt said today that Belcher was "a player who had not had a long concussion history," even though he was a three-time all-America wrestler and a star on the football team at his West Babylon, N.Y., high school.

Seau's and Duerson's brains are both being studied at Boston University's Center for the Study of Traumatic Encephalopathy, where researchers have already learned that Duerson had CTE, which may have led to his suicide.

CTE is a progressive, degenerative disease found in people who have had brain trauma from repeated blows to the head, according to the Center. It includes brain tissue degeneration and a buildup of an abnormal protein called tao, resulting in symptoms including confusion, aggression, and depression. Ultimately, CTE results in dementia.

In 2006, former Pittsburgh Steelers player Terry Long killed himself by drinking antifreeze, and former Philadelphia Eagles player Andre Waters shot himself in the head. Both of them suffered from CTE.

Researchers at Boston University found evidence of CTE in 12 of the 13 professional football players' brains they received between 2008 and 2010, according to the university. CTE can also be found in hockey players, wrestlers, and boxers.

"Football is entertainment in which the audience is expected to delight in gladiatorial action that a growing portion of the audience knows may cause the players degenerative brain disease," ABC News' George Will wrote in a Washington Post column published Aug. 3 just before he appeared on "This Week with George Stephanopoulos."

Will cited Seau and Duerson in his column, both of whom committed suicide after 2010, adding that 62-year-old former NFL safety Ray Easterling committed suicide in April 2012. Esterling's autopsy revealed that he had dementia and depression brought on by CTE.

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Photos: Kilauea Lava Reaches the Sea

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  Into the Sea

  Photograph by Hugh Gentry, Reuters

  A spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into the ocean, sending up plumes of steam as it made contact with the waves.

  Though lava can still be viewed from Kalapana near the Big Island's Hawai'i Volcanoes National Park, ocean entry is no longer occurring, according to the National Park Service.

  Published November 30, 2012

  
  











• 
  
  
  
  
  
  
  

  Sea of Fire

  
  Photograph by Hugh Gentry, Reuters
  

  The lava traveled 7 miles (11 kilometers) from Kilauea’s Pu'u O'o vent to the ocean. When lava reaches the water, it cools and hardens, forming a lava delta that can be dangerous to nearby onlookers, according to Reuters.

  The news service reported that no communities on the Big Island were threatened by the lava flow.

  Published November 30, 2012

  
  











• 
  
  
  
  
  
  
  

  Volcanic Flare

  
  Photograph by Hugh Gentry, Reuters
  

  A burst of volcanic activity erupts from Kilauea’s crater in Hawai’i Volcanoes National Park on November 27.

  The volcano has been erupting continuously for nearly 30 years. No major damage has been suffered by a town since 1986, according to Reuters.

  Published November 30, 2012

  
  











• 
  
  
  
  
  
  
  

  Fiery Encounter

  Photograph by Hugh Gentry, Reuters

  “Ocean entries are beautiful but dangerous,” said Janet Babb, spokeswoman for the U.S. Geological Survey's Hawaiian Volcano Observatory, in a statement reported by Reuters. She warned that the steam could be more hazardous than it appears.

  Published November 30, 2012

  
  











• 
  
  
  
  
  
  
  

  Point of Contact

  
  Photograph by Matt Northam, My Shot
  

  A plume of smoke billows where lava from Kilauea meets the sea in this aerial photo taken November 27.

  Published November 30, 2012

  
  











• 
  
  
  
  
  
  
  

  Photograph by Peter Vancoillie, Your Shot

  Published November 30, 2012

  
  

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