Friday, 20 June 2014

Weekly Wrap Up: VP at the World Cup, Robotic Giraffes, and the Medal of Honor

This week, the President continued his fight against climate change, updated the American people on the situation in Iraq, hung out with a robotic giraffe at the first-ever White House Maker Faire, and paid tribute to our newest Medal of Honor recipient -- and the Vice President cheered on the U.S. Men's National Team at the World Cup.


Check out what you might have missed this week in our weekly wrap up:


He "Should Not Be Alive Today"


At the White House yesterday, President Obama awarded the Medal of Honor to Corporal William "Kyle" Carpenter, a retired United States Marine. Corporal Carpenter received the medal for his courageous actions during combat operations against an armed enemy in Helmand Province, Afghanistan.


By all accounts, Kyle shouldn't be alive today. On November 21, 2010, Kyle's platoon woke up to the sound of AK-47 fire. As their compound began taking fire, Kyle and Lance Corporal Nicholas Eufrazio took cover up on a roof, low on their backs behind a circle of sandbags. And then a grenade landed nearby, its pin already pulled.


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West Wing Week 06/20/14 or, “Zot, Zot, Zot!”

This week, the President visited Lakota Country, the land of the Anteaters, and Pittsburgh's Tech Shop, while at home he hosted the first-ever Maker Faire and awarded the Medal of Honor.


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Lebanon on alert as terror strikes again


BEIRUT: Terror struck Lebanon again Friday when a suicide bomber blew himself up at a police checkpoint on the Beirut-Damascus highway, killing one police officer and wounding 33 people, heightening fears of violent spillover from Syria and Iraq.


The suicide attack in Dahr al-Baidar in east Lebanon came shortly after security forces raided a Beirut hotel and detained 17 terror suspects allegedly linked to a plot to assassinate Speaker Nabih Berri.


The two incidents placed Lebanon on high security alert and sent its rival leaders scurrying to ward off the threat of violent fallout from Iraq following last week’s lightning military advance by the Al-Qaeda-inspired Islamic State of Iraq and Greater Syria during which ISIS seized large swaths of Iraqi territory.


General Security chief Maj. Gen. Abbas Ibrahim said he narrowly escaped the attack in Dahr al-Baidar after the blast went off just 200 meters away from his convoy.


“The explosion in Dahr al-Baidar occurred moments after the convoy I was in passed through the checkpoint,” Ibrahim told a local television station.


Hours later, the Lebanese Army released a photo of a man suspected of being the suicide bomber behind the explosion, asking citizens with information to come forward.


Prime Minister Tammam Salam chaired a meeting of security chiefs at the Grand Serail to address security fears following the attack.


“Salam said today’s events aim to destabilize the country after the success of the security plan,” Mohammad Kheir, the secretary-general of the Higher Defense Council, told reporters. “[Salam] asked concerned ministers and security officials to remain on high alert and carry out their national duties to foil plots to mess with the country's security.”


Speaking after the meeting, Interior Minister Nouhad Machnouk said Lebanese security agencies were prepared to confront terrorism in Lebanon, adding that Western intelligence had warned authorities of a possible imminent attack.


“What happened today had been expected but we will not surrender to terrorism ... We are ready to confront terrorism,” he said, adding that he had told Berri to remain indoors and refrain from attending a scheduled morning ceremony for his Amal Movement at UNESCO.


Army commander Gen. Jean Kahwagi, who attended the meeting, assured the Lebanese that the security situation was under control.


“Our eyes are open and don’t forget that the region is in ruins while we are in seventh heaven,” he told reporters as he left the Grand Serail.


The bombing drew condemnation from officials on both sides of the political divide as well as some international powers.


“[The attack] was aimed at threatening the stability and safety of the Lebanese and dragging the country into the destructive path that prevails in many states in the Arab world,” former Prime Minister Saad Hariri said in a statement.


He called on all Lebanese to demonstrate “the highest degree of alert, caution and national solidarity in the face of conspiracies aimed at igniting strife.”


Hezbollah condemned the attack, saying in a statement: “The bombing targeted Lebanon’s security and stability.” It also called on the Lebanese to close ranks to face “a terrorist plot.”


The attack was also condemned by the French Foreign Ministry, which called on the Lebanese to quickly elect a successor to former President Michel Sleiman.


The Internal Security Forces said in a statement that they had received information that “a terrorist group” was planning to carry out bomb attacks in Beirut and other areas.


A joint force of General Security and the ISF’s Information Branch raided a hotel in Hamra in Beirut looking for suspected terrorists, with a senior security source saying that police were “working on thwarting a big security plot.” In its statement, the ISF said officers apprehended 17 people who are now being interrogated.


On his way from the Bekaa to Beirut, the suicide bomber stopped in the eastern village of Sofar for coffee, a security source told The Daily Star. The shop owner immediately contacted police after he noticed the customer was too nervous.


The bomber then made his way to Aley, but was forced to race back to the Bekaa after security forces intercepted his vehicle.


At the Dahr al-Baidar checkpoint, a group of police officers cut off the road with a pick-up truck, the source said.


“As soon as the vehicle arrived at the police checkpoint, officers asked the driver to step out, he then blew himself up,” the ISF said.


It added that an ISF warrant officer, identified as Mahmoud Jamaleddine, 49, was killed and 33 people, including seven ISF personnel, were wounded in the attack.


The source denied that Ibrahim was the target of the attack.


Another security source told The Daily Star that security agencies had received intelligence that ISIS members were preparing a suicide attack in Lebanon.


Military Prosecutor Saqr Saqr, who arrived to the site of the bombing, said the bomber’s 4WD vehicle was rigged with at least 25 kilograms of explosives.


After the blast, security forces blocked several roads in the capital, including the airport road and those leading to Berri’s residence in Ain al-Tineh, Hamra, Verdun, the Kuwaiti Embassy, UNESCO, as well as the military hospital, the National News Agency reported.


Following the blast, U.S. Ambassador to Lebanon David Hale called off his scheduled meeting with Foreign Minister Gebran Bassil for security reasons.



Hamra takes raid on terror suspects in stride


BEIRUT: Locals in Beirut’s bustling commercial hub of Hamra shrugged off the arrest Friday of 17 men in a hotel believed to be linked to terrorism, following a morning raid that saw roads surrounding the building blocked off for several hours.


People continued to pop into shops and busy restaurants to take a break from the hot weather even as the raid of the Napoleon Hotel took place. In one café just down the street from the building, a crowd of customers sipped coffee and tea while watching news broadcasts about a deadly car bombing which occurred in Dahr al-Baidar shortly after the hotel occupants were rounded up by members from the General Security and the Internal Security Forces Information Branch.


As the raid got underway, security personnel parked six large Chevrolet SUVs 30 meters away from the hotel, while civilians flocked around the hotel trying to peer past the policemen holding them back.


Armed to the teeth, ISF personnel deployed heavily in the area and cordoned off the hotel’s environs, asking pedestrians to maintain a 20-meter distance from the Napoleon’s main entrance.


Citizens in the street, many of whom have grown accustomed to security threats following a spate of car bombings earlier this year and late last year, showed little sense of panic as they carried on with their normal business.


“I am not scared,” said one woman near the hotel. “I got the news through my phone and I just came to watch.”


The raid took place after security forces received a tip that suspects linked to a terror plot had sought refuge in the hotel, security sources told The Daily Star.


A senior judicial source said that State Prosecutor Judge Samir Hammoud issued an order to go in immediately after the ISF informed him of “the presence of terrorists there.”


There were rumors that the suspects belonged to extremist group the Islamic State of Iraq and Greater Syria that has claimed large swathes of territory in Iraq, but it was not immediately clear if this was the case.


A senior security source told The Daily Star that authorities were “working on thwarting a big security plot,” without elaborating.


The Daily Star witnessed security forces escorting 12 men out of the hotel a couple of hours after the raid began. Hunched and handcuffed, they were steered out one by one by officers. The men were piled into the parked SUVs three at a time and their luggage was hurled into the trunks.


All those seen being taken out of the hotel were in their 20s and 30s. They were dressed casually in jeans, T-shirts, Abercrombie and Fitch sweat pants and shirts, and did not look outwardly religious.


Bystanders called out each time a suspect was placed in a vehicle, keeping a running count of the number detained, while others hailed the police officers, yelling out, “May God bless you and protect you.”


Security sources told The Daily Star that 12 suspects of differing nationalities – including Lebanese, Palestinian and Pakistani nationals – were arrested in the Napoleon hotel, with another five people arrested nearby.


After the suspects had been removed from the hotel, a group of four businessmen exited the main entrance toward upper Hamra.


One of these, a guest at the hotel, told The Daily Star, “[Security forces] confiscated all the guests’ passports and asked us to stay in our rooms. They didn’t search all the rooms, only the ones under suspicion.”


“I was supposed to be at a conference at 9 a.m.,” he lamented.


Witnesses on the street also reported that at least one guest was seen being escorted out of the nearby Casa D’or Hotel by security forces.


Officials at the Casa D’or Hotel refused to disclose any information concerning any possible arrests, but a concierge there said, “Police officers also came in here before heading to the Napoleon.”



Iraq crisis reshuffles priorities toward Lebanon


Friday’s deadly explosion and the discovery of an alleged terrorist network in the heart of the capital underscored a growing pessimism among Arab and Western diplomatic circles regarding Lebanon’s future, diplomatic sources told The Daily Star.


The stability brought about by the security plan and the formation of Tammam Salam’s government will not hold up if Lebanese political rivals fail to put their differences aside to elect a new president to guard the country against fallout from regional crises, they said.


The crisis in Iraq has recast the balance of power and the priorities of Lebanon’s neighbors and allies, as the rise and spread of fundamentalist groups threaten the political and demographic cohesion of several Arab countries.


The sources saw the return of bombings as a threat to the internal Lebanese atmosphere of cooperation that emerged following the formation of the government, especially in light of security reports presented to foreign military attaches that indicate sleeper terrorist cells are hiding in Lebanon with the support of regional parties. Regional powers are monitoring the situation in Iraq closely, while it remains unclear whether the Lebanese will unite to put national interests ahead of personal and political ambitions.


It has become the duty of all parties, including Lebanese and their influential allies, to adhere to a policy of neutrality and state-building, the sources said. Toward this end, the Lebanese should put their differences aside to elect a consensus president, hold parliamentary elections, form a national unity government and do everything else possible to boost national institutions and protect Lebanon from the volatile changes sweeping the region.


The sources characterized Syria as a battleground for proxy wars between regional and international players, pointing out that there appears to be an unintentional convergence between Hezbollah and Israel that eliminates the possibility of a military confrontation on Lebanese soil, which would provoke undesirable reactions for Israel from the Arab and Muslim world as well as from the international community.


Therefore, it is up to the Lebanese to understand and analyze these changes and guard against any fallout by striking an internal accord.


With regard to the presidential election, the sources said it would not be easy to elect one person to lead for six years, and the chances of getting all the Lebanese parties to agree on a particular person is unlikely especially given Iranian and Saudi pressure on their respective allies in Lebanon. The sources had hoped the same method by which the government was formed might lead to the election of a new president, but the intensification of the Saudi-Iranian tensions following events in Syria and Iraq makes that scenario unlikely.


The formation of Salam’s government was preceded by a flurry of diplomatic activity, with U.S. Ambassador to Lebanon David Hale and U.N. Special Coordinator Derek Plumbly visiting Saudi Arabia, and British Ambassador to Lebanon Tom Fletcher and a French presidential delegation visiting Iran.


According to the sources, as long as stability prevails internally, even if the government is only nominally functioning, the international community remains confident in Lebanon. But if Friday’s bombing signals a return to the era of instability, the international community will take action by imposing a president without debate.



Politicians: Lebanon must unite to avoid ‘sea of blood’


BEIRUT: Officials flocked to offer condemnations and condolences over a suicide attack that targeted the Dahr al-Baidar police checkpoint on a major highway Friday morning.


March 14 officials said the bombing was among the consequences of Hezbollah’s involvement in Syria, while March 8 rivals stressed that terrorism targets the entirety of Lebanon.


“[The attack] was aimed at tightening the screws on the security and safety of the Lebanese, and [strived to] take the country down the destructive path overtaking the region,” former Prime Minister Saad Hariri said in a statement.


The March 14 leader called on all Lebanese, irrespective of sect, to exercise the highest degree of caution, urging citizens to preserve national unity and refrain from fighting in the face of conspiracies aimed at sparking sectarian feuds in the region.


“Sending young men into battle, whether internally or externally, will only lead to more divisions and will invite extreme sectarian reactions,” Hariri said.


Hariri also offered condolences to those killed in the blast and hailed security forces for taking the necessary measures to ensure the safety and security of the country.


Security chief Maj. Gen. Abbas Ibrahim narrowly escaped the suicide car bombing that killed an ISF officer and wounded 32 people at a Lebanese police checkpoint on the Beirut-Damascus highway in the Bekaa Valley.


The March 14 bloc released a statement saying, “We have repeatedly warned Hezbollah that interference in Syria would invite terrorism into Lebanon,” referring to the party’s military support of Syrian President Bashar Assad’s regime. The bloc reiterated its demand for the immediate withdrawal of Hezbollah’s forces from the civil war next door.


Head of the Future bloc MP Fouad Siniora stressed the need for “concerted efforts by all Lebanese people to address the means of those committing terrorist acts, as well as work on protecting Lebanon from the evils of these groups, including refraining from engaging in the problems of the region so as not to open the gates of hell in Lebanon.”


Hezbollah also denounced Friday’s attack, saying it targeted Lebanon and its security and stability.


In a statement, the party called on Lebanese “to unite in the face of the terrorist plot that was targeting them, and to be aware of the risks to their country.”


“Everyone is in the same trench,” Industry Minister Hussein Hajj Hasan, from Hezbollah’s Loyalty to the Resistance parliamentary bloc, said in a television interview, adding that “everyone is against terrorism, and we are in a moment that unites political views.”


For his part, Secretary-General of the Arab League Nabil Elaraby expressed the body’s support for the Lebanese government’s fight against terrorism, stressing “the need for the international community to stand by Lebanon and provide all of the support to the Lebanese Army, and help it to conduct its national duties at this critical stage.”


United Nations Special Coordinator for Lebanon Derek Plumbly emphasized the “importance of the work that the Army and security forces were carrying out to sustain the calm that has prevailed in Lebanon recently.” He added that the U.N. would maintain solidarity with Lebanon’s government and people in standing up to the threat of terrorism.


The U.S. Embassy in Lebanon condemned the attack, noting “the United States will continue to stand with Lebanon against terrorism.”


The French Embassy announced its support for local institutions and forces responsible for security in Lebanon. It also called on French citizens in Lebanon to exercise caution and stay home


Change and Reform bloc leader Michel Aoun urged the Lebanese to remain calm and maintain solidarity, stressing the importance of cooperating with the security forces “to strike terror and prevent [extremists] from achieving their goals.”


The head of the Lebanese Forces, Samir Geagea, denounced the bombing, placing it in the context of the conflict washing over the region.


“The region is boiling and Lebanon is not an island isolated from the ocean,” he said, stressing the need to “protect constitutional institutions, including the presidency, Parliament and the government, and to ensure good performance.”


MP Qassem Hashem, from Speaker Nabih Berri’s Liberation and Development parliamentary bloc, agreed that Friday’s suicide bombing targeted all of Lebanon.


“It is a terrorist act and an episode in a series of terrorist attacks that terrorist groups are working through to drag Lebanon into a sea of blood,” Hashem said.


He also urged the Lebanese to open the door toward understanding, dialogue and agreement regarding the elections.



Papers shed light on women’s plight


BEIRUT: Christelle Khadra remembers well the woman who was abused by her blind husband. The victim told her that when she sat down to have coffee with friends and would glance at the wall, she would have a flashback of her husband beating her against the wall.


“He was totally dependent on her, and yet I was struck at how much he was beating her,” Khadra said.


“I asked her: How are you still with him? She said my brothers will kill me if I leave my husband,” Khadra added.


Two new papers by Lebanese researchers are shedding light on different facets of domestic abuse in Lebanon and the complex interplay of factors that must be addressed to deal with the phenomenon here, even beyond legislation aimed at curbing the practice.


The first paper, co-authored by Khadra, a doctoral student at the University of Montreal, and supervised by Antonine University faculty, found a high prevalence of symptoms of Post-Traumatic Stress Disorder among affected women, a malady common among soldiers and individuals who spend extended periods of time in combat zones.


The second paper, published in the British Journal of General Practice and co-authored by Jinan Usta, associate professor of clinical medicine at the American University of Beirut, found that most physicians in Lebanon tend to blame victims of domestic violence for the abuse and tend to justify the resort to violence.


Together, they add to the growing body of research into domestic violence in the country, and to solutions to combat a phenomenon that has come to the fore with numerous high-profile cases of violence and legislation to combat the practice.


For Khadra’s research, 85 women filled a questionnaire prepared by researchers. Khadra personally interviewed some of the women, too.


PTSD symptoms were found among 97 percent of the women who had suffered from physical abuse, with women who had a lower education level suffering greater severity of symptoms.


On average, the women experienced a high level of PTSD symptoms that increased with the level of domestic violence they experienced.


Women who had not completed high school experienced more PTSD symptoms, as were those who remained in abusive relationships.


Women who were in abusive relationships for over seven years showed fewer PTSD symptoms than those who were in a similar relationship for less than a year, perhaps because they developed coping mechanisms or were desensitized eventually to the abuse.


The symptoms were also worse among women whose partners used alcohol or gambled.


Khadra and her team enlisted the help of KAFA, an organization that campaigns against domestic abuse, to identify suitable women. She also used “snowball sampling,” a technique where members of society and even abused women help identify potential candidates who meet the criteria for physical abuse.


KAFA estimates that at least three quarters of all Lebanese women have suffered from physical abuse at some point in their life.


Khadra blames the “normalization” of violence in Lebanon, a country troubled since the Civil War, with abetting domestic abuse, as well as the traditional patriarchy that imposes specific roles that women must adhere to at home. Women often experienced violence as a result of failing to do what was perceived as their duty at home, like cooking and cleaning.


She also said the cultural constraints that oblige women to stay in an abusive relationship “for the children’s sake” often compelled them to stay in violent marriages.


PTSD is particularly troublesome because the consequences persist, and its symptoms include distress, intense fear, flashbacks to the violent event – often prompted by triggers – as well as nightmares, among other symptoms.


“That’s the thing with PTSD, it stays with you,” Khadra said.


Khadra and her team said health-care professionals should be increasingly involved in identifying women at risk and referring them to “appropriate resources,” such as counseling and shelters


But the research by Usta, from AUB, highlighted the challenges women face in seeking the help of physicians, many of whom subscribe to the same cultural beliefs that abet violence against women.


Usta and her team interviewed 92 physicians, all of whom had at least five years of experience and met with patients for at least 100 consultations a week. Fifteen of them were women.


Usta’s study revealed that doctors were reluctant to involve themselves in issues of domestic violence due to cultural and religious beliefs that condone the practice, worries over losing patients and personal safety.


Doctors were worried that they would be stigmatized for opposing what they perceive as religious values.


Those who did mediate between women who experience domestic violence and those who assaulted them leaned toward blaming the victim and justifying the violence perpetrated against them.


Usta said the majority of physicians justified the violence, for instance by questioning what the woman would have done to provoke her partner, a result she attributed to cultural biases.


The researchers concluded that physicians in Lebanon do not consider domestic violence as a matter for them to address beyond treating obvious, physical injuries.


Usta’s research is particularly alarming as doctors are among the most educated segments of society.


“They are the most educated, and the ones who talk about social justice and work against violence, and yet they are justifying it,” Usta said. “It is upsetting.”


Usta said doctors should find out if the women are victims of domestic violence and help them address the root causes of the violence, rather than simply treating the effects. She likened it to smoking, where it makes more sense to treat the behavior instead of its adverse health effects.


Doctors can advise the women to seek additional help or report the violence, she said, in addition to recommending anger management for the abusive spouses, and to assessing whether the women may be at risk of escalating violence and referring them to shelters.


Educational and awareness efforts about domestic violence should occur early on in schools, in addition to empowering women to assert themselves.


Doctors should act as role models and denounce violence, she said.


Usta is working on a training package with KAFA and the U.N. for healthcare workers to raise their awareness of domestic violence and the harm of blaming the victim of such abuse.



No demand for new pharmacy schools, union leader says


BEIRUT: The head of the Order of Pharmacists, Rabih Hassouna, brushed off Friday the latest decision by Education Minister Elias Bou Saab to license six new colleges to teach pharmacy.


“It’s a hasty decision,” Hassouna said at a news conference at the order’s headquarters. According to Hassouna, the order has previously opposed the provision of licenses for building new pharmacy colleges as the market is already saturated.


“Over the past years the Education Ministry has been very responsive with the order’s position,” Hassouna explained. “However, we aren’t sure why it took this initiative now in the midst of the political and economic problems.”


Bou Saab could not immediately be reached for comment.


According to Hassouna, in Europe there are six pharmacies for every 10,000 citizens, and in the Arab region there are four. In Lebanon, that figure climbs to a massive 19 pharmacies for every 10,000 citizens.


“Every year, more than 490 members register in the union,” he said. “Some 85 percent of those have graduated from Lebanese pharmacy schools.”


As those who graduated abroad constitute only 15 percent of members, the order believes that there is no reason to build six more schools.


“The Order of Pharmacists warns of the negative consequences of this decision,” Hassouna said. “This is why we are providing the public with this information.”


“[Across Lebanon] the number of pharmacies has exceeded 2,750 while the number of those registered in the order is now more than 6,900,” he explained. “This has surpassed international standards.”


The order is also concerned with the implications of these figures on the pharmacists’ income.


“Over the years, pharmacists’ [monthly] income has been gradually declining, until it reached $1,350,” he said. “If more [students] graduate, we expect that this number will decrease even more.”


The order believes the Education Ministry needs to be alerted to these figures, which it claims reflects the market saturation.


The major gap between the market’s level of supply and demand has prompted Hassouna to ask Bou Saab to “prepare detailed studies for the market’s demands” to prevent any potential overload.



HK in unofficial democracy vote, alarming Beijing


Tens of thousands of Hong Kongers have voted in an unofficial referendum on democratic reform that has alarmed Beijing and sets the stage for possible mass protests to shut down the Chinese capitalist enclave's financial district.


Tensions are boiling over in Hong Kong, which came back under Chinese control in 1997, over how to choose the city's next leader.


Organizers of the Occupy Central with Love and Peace movement say nearly 100,000 people have cast ballots online on proposals for electoral reform.


Beijing has pledged to allow Hong Kongers to elect the chief executive starting in 2017. Current leader Leung Chun-ying was picked by an elite pro-Beijing committee.


The three options on Friday's ballot all call for the public to nominate candidates, which Beijing has rejected.



Eclipse Resources and Kite Pharma price IPOs


Shares of Eclipse Resources slipped Friday after the oil and gas company's initial public offering of stock raised more than $800 million, while Kite Pharma's shares soared after the company expanded its offering.


Eclipse Resources offered 30.3 million shares at $27 each, the low end of its estimates. Excluding discounts, expenses, and shares being sold by company stockholders, the company said it will get $545.2 million in proceeds.


Eclipse Resources is an oil and natural gas exploration and production company operating in the Appalachian Basin. The State College, Pennsylvania, company plans to use the IPO money to replay all the borrowings under its revolving credit facility and fund some of its capital spending plans.


Shares of Eclipse Resources Corp. fell 92 cents, or 3.4 percent, to $26.08 in midday trading.


The stock is trading on the New York Stock Exchange under the ticker symbol "ECR."


Kite Pharma Inc. raised $127.5 million before expenses and discounts, as its initial public offering of 7.5 million shares priced at $17 each. The Santa Monica, California, company had expected to sell 6 million shares for $12 to $14 per share.


Kite Pharma is a clinical-stage biotechnology company studying a potential immunotherapy cancer treatment. Its shares jumped $11.40, or 67 percent, to $28.40.


The company's stock is trading on the Nasdaq Global Select Market under the symbol "KITE." The underwriters of Kite Pharma's IPO will have an option buy another 1.1 million shares.



Argentina lawyers to seek terms, resolve debt saga


Argentina's president said Friday that her lawyers will reach out to a U.S. judge to seek fair terms for paying all the country's creditors, including the hedge funds that have refused to accept earlier debt restructurings.


Cristina Fernandez said that her government's attorneys will ask Judge Thomas Griesa, who ordered the $1.5 billion payment, to give Argentina fair conditions to negotiate with the holdouts.


Fernandez said the terms must be in agreement with the Argentine constitution and local laws, as well as the agreement signed by Argentina with 92 percent of creditors who accepted debt swaps in 2005 and 2010.


"I've instructed our economy minister so our lawyers can ask the judge to generate the conditions to reach a beneficial and egalitarian agreement for the 100 percent of the creditors," Fernandez said in the port city of Rosario.


"We want to comply with 100 percent of the creditors — the 92.4 percent who decided to join the swaps and also those who didn't." Fernandez told a large crowd waving blue and white national flags during a national holiday.


The U.S. Supreme Court this week swatted down Argentina's last appeal against a ruling that it pay the holdouts Fernandez calls "vultures." They refused discounted debt swaps to restructure most of the $100 billion the country defaulted on in 2001.


Argentina's Cabinet chief had denied Thursday that a team would travel to New York for talks with creditors — backtracking on a promise the government's attorney made to a judge the day before.


Fernandez's government has offered a new debt swap that would make payments in Argentina to creditors who accepted previous debt restructurings. It has threatened to default on its debt saying it's impossible to pay creditors who accepted previous debt swaps due June 30. But in her speech, Fernandez did not refer to a new debt swap or the possibility of an impending default.



Germany warns about global risk of asset bubbles


Germany's finance minister on Monday issued a stark warning that global central banks' efforts to inject more liquidity into the financial system are feeding asset bubbles — which could eventually burst and cause the next crisis.


Wolfgang Schaeuble also rejected a recommendation by the International Monetary Fund that the European Central Bank should resort to large-scale bond purchases — of the kind the Federal Reserve is making — to help growth and protect the 18-nation eurozone from deflation.


"We don't have too little liquidity in financial markets but rather too much," Schaeuble said after a meeting of European finance ministers in Luxembourg.


"All experience of economic history tells us that such situations lead to bubbles," he added, noting that the low interest rates in developed economies are pushing investors into riskier markets including real estate.


Germany has long been aggressive on combating inflation and cautious about big stimulus programs.


The IMF on Thursday recommended that the ECB should make large-scale purchases of assets such as bonds if "inflation remains stubbornly low."


The eurozone's inflation rate stands at 0.5 percent, well below the ECB target of 2 percent. A deflationary slump, in which prices fall persistently, would threaten to choke economic growth.


A top ECB official said the IMF recommendation was not at odds with the central bank's clearly stated policy that it was prepared to do yet more "in case inflation would prove too low for too long."


But executive board member Benoit Coeure said the ECB's current policies — which include increasing liquidity in the financial system, low interest rates and facilitating lending to the economy — would be enough for now. That suggests large-scale bond purchases are not on the agenda.


"It is not needed today," he said.


ECB President Mario Draghi has hinted the bank would be prepared to conduct a large-scale bond buying program, but that unprecedented step would be fraught with legal and practical uncertainties.


In the United States, the Fed has had some success with such a bond purchases program, dubbed "quantitative easing." Its economy is recovering and the Fed is now reducing, or "tapering," the program.



The Entrepreneurial Imperative for Immigration Reform

Nearly a year ago, the Senate passed a strongly bipartisan immigration reform bill that would grow the nation’s economy, reduce federal deficits, and enable some of the best and brightest minds from around the world to contribute to the American workforce in the fields of science, technology, engineering, and math (STEM). This week, we are highlighting the urgency of immigration reform and the need for the House of Representatives to act before August.


Not only would the Senate bill effectively “staple” a green card to the diplomas of advanced STEM graduates educated in the United States, it would create a new pathway for foreign entrepreneurs who want to start and grow their companies here.


As a computer science professor and serial entrepreneur, Luis von Ahn exemplifies the best of both worlds. Luis grew up in Guatemala, studied math and computer science at two great American universities, and went on to launch a number of successful startups. His latest venture is Duolingo, an iPhone App of the Year with over 12 million active users learning a new language. The Pittsburgh-based company employs 35 people and is growing fast.


I spoke with Luis about his experience as an immigrant entrepreneur, and how immigration reform would allow America to remain a magnet for countless other brilliant innovators who dream of making a big impact here.


read more


First Lady Michelle Obama to DC-CAP Graduates: "Despite It All, You Chose to Succeed"


First Lady Michelle Obama delivers remarks during DC College Access Program graduation celebration

First Lady Michelle Obama delivers remarks during the DC College Access Program graduation celebration of former DC-CAP students who received college degrees this spring, in Washington D.C., June 19, 2014. DC-CAP is a private, nonprofit organization dedicated to helping D.C. high school students prepare for, enroll in, and graduate from college. (Official White House Photo by Lawrence Jackson)




Rhia Hardman, whose father and stepmother were both crack addicts, had to survive sometimes as a child without water or electricity. And Rashema Melson, whose family has been homeless for years, experienced times when she didn't have clean clothes to wear to school.


But today, Rhia is a graduate with honors from Virginia State University. And Rashema, who just graduated as the valedictorian of her class, is attending Georgetown University this fall on a full scholarship.


And as the First Lady said at last night's DC College Access Program graduation celebration, Rhia and Rashema aren't the only ones with similar stories of struggle and success.


"So many of you have stories just like these," Mrs. Obama told the graduates. "Stories of families who couldn’t support you, of communities where you weren’t safe, schools that maybe didn’t always live up to your promise. But ultimately, despite it all, you chose to succeed."


read more


Social Entrepreneurship Showcase set for Detroit


Tens of thousands of dollars are on the line at a social entrepreneurship event in Detroit.


The Michigan Social Entrepreneurship Showcase is set for Friday at the Max M. Fisher Music Center.


The Showcase is the culminating event of a statewide business plan competition held this year for emerging social enterprises.


Over the past three months, 280 companies have competed for $60,000 in prizes as part of the contest led by Michigan Corps in partnership with the Michigan Economic Development Corp.


Finalists are to present their ventures on Friday, followed by an awards ceremony during which the winners are to be announced.


The audience is to be given the chance to vote for a $1,000 People's Choice Award.


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Online:


http://bit.ly/1lSooLf



20,000 Kansas tax refunds won't go out until July


More than 20,000 tax refunds to be distributed by the state of Kansas won't go out until July.


Department of Revenue spokeswoman Jeannine Koranda told The Wichita Eagle (http://bit.ly/1lGy7IN ) that as of this week, the department has a backlog of 20,690 individual tax refunds, which adds up to $10.1 million. This time last year, the department had 24,603 returns to send out.


"The majority of tax refunds were processed at normal speed. . Our staff has worked overtime and on the weekends to process these returns as quick as possible," Koranda said.


She pointed to three reasons refund checks may be late in arriving: the return was filed late, is missing paperwork or is being scrutinized for fraud. She also said 5,000 returns have come in in the last week.


"This is pretty typical each year, it is either people who are filing late or got an extension and are sending in their returns now," she said in an email.


Walt Olson, a retiree in Neodesha, said he filed in February but said recently he had not received his anticipated $400 refund yet.


"Sixteen weeks for a refund to be issued to me seems ridiculously excessive," he said.



California unemployment rate drops to 7.6 percent


California's unemployment rate hit 7.6 percent in May, maintaining its steady decline to pre-recession levels, the state Employment Development Department reported on Friday.


The jobless rate hit a key threshold in April, falling to its lowest point in six years at 7.8 percent. The unemployment rate has been steadily falling since reaching a 12.4 percent peak in October 2010.


Unemployment remains above the national average of 6.3 percent. But Stephen Levy, director of Center for Continuing Study of the California Economy, says the latest report shows California continuing to outpace the nation in job growth and unemployment reduction.


More than 1.4 million Californians were out of work in May, a drop of a quarter million people over the past year. The unemployment rate has fallen from 9 percent in the same period. People who stopped looking for work are not considered unemployed, while certain people in unstable temporary or contract positions are considered employed.


In May, California gained 18,300 jobs, with more than 10,000 in leisure and hospitality businesses. Other sectors posted losses, including 6,800 in manufacturing. Other fields that added positions included professional and business services, educational and health services, construction and government.


San Francisco Bay Area counties continue to lead the state in employment, while rural counties have posted the highest jobless figures. Marin County reported the lowest unemployment rate at 3.8 percent. Imperial County, located at the Mexico border, reported the highest at 21.1 percent.


The job figures are calculated using separate surveys of households and employers.



Patient recruiter guilty in $205M Medicare fraud


A South Florida man has pleaded guilty to recruiting patients in exchange for illegal kickbacks as part a $205 million Medicare fraud scheme.


Former Network Resource Consultant Inc. chief Michael Mendoza pleaded guilty to health fraud conspiracy Thursday in Miami federal court. Mendoza faces a maximum of 10 years in prison at sentencing in August.


Court documents show Mendoza recruited patients for now-defunct American Therapeutic Corp. Mendoza agreed with ATC owner Lawrence Duran to refer people in assisted living facilities to ATC in exchange for payments. The referrals were for unnecessary or not provided mental health services.


Prosecutors say more than $430,000 in false Medicare claims were submitted based on Mendoza's referrals.


Duran, one of many people convicted in the ATC scam, is serving 50 years in prison.



Preliminary Nebraska jobless rate 3.6 pct in May


A newly released report says Nebraska's preliminary unemployment rate was 3.6 percent in May.


That's a tenth of a point below the revised April rate of 3.7 percent. April's preliminary rate also was 3.6 percent.


The Nebraska Labor Department said in the report released Friday that the preliminary May rate is four-tenths of a point below the revised rate of 4 percent in May 2013.


The new Nebraska figure remained well below the preliminary national unemployment rate of 6.3 percent in May, which matched the revised April figure.



New Steps to Protect Pollinators, Critical Contributors to Our Nation’s Economy

Today, President Obama issued a memorandum directing U.S. government agencies to take additional steps to protect and restore domestic populations of pollinators, including honey bees, native bees, birds, bats, and butterflies – critical contributors to our nation’s economy, food system, and environmental health.


Pollinators contribute substantially to the sustainability of our food production systems, the economic vitality of the agricultural sector, and the health of the environment. Honey bee pollination alone adds more than $15 billion in value to agricultural crops in the United States each year, and pollination by other species adds another $9 billion. In addition, pollinators help wild flowering plants grow, making ecosystems stronger and more resilient.


But for decades, pollinator populations in the United States have been falling. The number of managed U.S. honey bee colonies dropped from 6 million colonies in 1947, to 4 million in 1970, 3 million in 1990, and just 2.5 million today. And last winter, the Monarch butterfly migration across North America was smaller than all previous migrations on record, and there is a risk that this iconic migration could end. These numbers highlight the importance of taking immediate steps to address these alarming declines and ensure the sustainability of our nation’s food production systems, economy, and environment.


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Islamist plot to kill Lebanon security chief: Mossad


BEIRUT: A document from Israel’s Mossad secret service reportedly says Islamists with the Al-Qaeda-affiliated Abdullah Azzam Brigades plan to assassinate a senior Lebanese security official, possibly Maj. Gen. Abbas Ibrahim.


A report published Friday in the local newspaper An-Nahar said Lebanese journalist Julie Abu Arraj, who has been living and working in Israel since 2000, has obtained the document from Mossad.


Ibrahim said he escaped a car bombing Friday that targeted a police checkpoint at the Dahr al-Baidar highway that links Beirut with Damascus.


“Armed groups working under orders from Abdullah Azzam Brigades plan a major terrorist act in Lebanon aimed at a senior security figure, most likely the Director General of General Security, Maj. Gen. Abbas Ibrahim,” the document reads.


Mossad said it obtained the information from “spies” inside the Palestinian refugee camp of Ain el-Hilweh near the southern Lebanese port city of Sidon.


The document said radical groups have sought to kill Ibrahim since the clashes in Abra, east of Sidon, in July last year.


The Islamists consider Abbas to be the mastermind behind the crackdown on controversial Salafist Sheikh Ahmad Assir.



Hariri: Attack aims to draw Lebanon into conflict


BEIRUT: Officials flocked to offer condemnations and condolences over a suicide attacks that targeted a police checkpoint in Dahr al-Baidar Friday morning.


“[The attack] was aimed at tightening the screws on the security and safety of the Lebanese, and [strived to] take the country down the destructive path overtaking the region,” Hariri said.


The head of the March 14 coalition called on all Lebanese, irrespective of sect, to employee the highest degree of caution, urging citizens to maintain national unity in the face of conspiracies aimed at sparking sectarian feuds in the region.


“Sending young men in to battle, whether internally or externally, will only lead to more divisions and will invite extreme sectarian reactions,” Hariri said.


Hariri also offered condolences to those killed in the blast and hailed security forces for taking the necessary measures to ensure the safety and security of the country.


The March 14 bloc released a statement saying that “we [14 march] have repeatedly warned Hezbollah that interference in Syria would invite terrorism into Lebanon,” stressing its demands for the immediate withdrawal of the resistance party’s forces from the civil war in Syria.


"Everyone is in the same trench to confront terrorism," Industry Minister Hussein Hajj Hassan, from Hezbollah's Loyalty to the Resistance parliamentary bloc, said in a television interview, pointing out that "everyone is against terrorism, and we are in a moment that unites political views.”


Justice Minister Ashraf Rifi said "radical solutions lie in the election of the president of the republic, the withdrawal of Hezbollah from Syria and the closure of our borders in the face of [terrorist] winds in the region."


The U.S. Embassy in Lebanon condemned the attack, noting "the United States will continue to stand with Lebanon [in its fight] against terrorism."


The French Embassy announced its support for local institutions and forces responsible for security in Lebanon. It also called on French citizens in Lebanon to exercise caution today, especially after the bombing, urging them to stay in their houses.


Security chief Maj. Gen. Abbas Ibrahim narrowly escaped the suicide car bombing that killed an ISF officer and wounded 32 people at a Lebanese police checkpoint on the Beirut-Damascus highway in the Bekaa Valley.


Friday morning, security forces also arrested a 17 terrorist suspects in Hamra, after raiding the Napoleon Hotel and other establishments in the west Beirut commercial district.



Lebanon roads locked down over security fears


TRIPOLI/BEIRUT: Security forces largely locked Lebanon down Friday afternoon after a suicide bomber targeted a police checkpoint in the Bekaa Valley and the arrest of 17 terror suspects in Hamra.


After the news of the bombing spread around the country, security forces took extreme measures in closing off all major roads in the country, fearing further attacks.


The Beirut-Damascus highway in Dahr al-Baidar was closed off after an explosion ravaged the area Friday morning.


In the capital, the main roads in Verdun, Hamra and Ain al-Tineh were blocked by security forces. The Interior Ministry in Hamra was blocked off, along with the road in Ashrafieh's Sioufi neighborhood that leads to the Army barracks.


Outside the city center, security forces also blocked the roads leading to the Kuwaiti Embassy in Bir Hasan and UNESCO, along with the airport road.


Several checkpoints were erected in north Lebanon as security measures increased in Tripoli. The Naseri road in Tripoli was closed off along with the roads leading to Akkar.


In the capital, the roads leading from Manara to Downtown and the Charles Helou Highway heading toward Dora, as well as the roads from Corniche al-Mazraa toward Barbir were subject to heavy traffic as a result of the security measures.