Obama: JP Morgan Loss Shows ‘Exactly Why Wall Street Reform’s So Important’

JP Morgan Chase’s $2 billion trading loss is “exactly why Wall Street reform” is so important, President Obama said in his first interview since the bank announced the massive loss last week. Obama signed the Dodd-Frank Wall Street Reform Act

, which could ban risky trades like the one that hit JP Morgan, in 2010.

JP Morgan CEO Jamie Dimon announced the loss last Thursday, sparking stock losses and reminders of the 2008 financial crisis across Wall Street. In Obama’s interview, which will air this morning on ABC’s “The View,” the president referenced the federal bailout that resulted from that crisis and said a similar loss at a weaker bank may have caused yet another bailout, ABC News reports:

“JPMorgan is one of the best-managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we got and they still lost $2 billion and counting,” the president said. “We don’t know all the details. It’s going to be investigated, but this is why we passed Wall Street reform.”

“This is the best, or one of the best-managed banks. You could have a bank that isn’t as strong, isn’t as profitable making those same bets and we might have had to step in,” Obama said. “That’s exactly why Wall Street reform’s so important.”

What Obama didn’t mention was how successful Dimon and JP Morgan were in watering down Wall Street reform. The bank has spent nearly $10 million since the beginning of 2011 on lobbying, focusing largely on the Volcker Rule, a regulation that would largely prohibit risky proprietary trading at federally-insured banks. The trade that caused JP Morgan’s losses would likely still have been legal under the Volcker Rule, but only because of a loophole that JP Morgan lobbied for.

Obama is right that JP Morgan’s situation demonstrates the need for Wall Street reform. But it also makes clear that the new rules need to be strong and immune from Wall Street’s lobbying influence if we don’t want a repeat of the 2008 crisis.

Weight loss can prevent kidney disease progression in obese patients

Washington, Sept 18 (ANI): Shedding extra pounds can preserve kidney function in obese people with kidney disease, according to a new study led by Indian origin scientist from Cleveland Clinic.

Weight loss can improve a number of health problems, like it can improve control of diabetes, lower blood pressure and cholesterol levels, and reduce the effects of heart disease.

During the study, Dr Sankar Navaneethan, and his colleagues analysed the studies that examined the effects of weight loss interventions in obese kidney disease patients.

It showed that weight loss attained through diet and exercise reduces proteinuria (excess excretion of protein in the urine-a hallmark of kidney damage) and may prevent additional decline in kidney function in obese patients with kidney disease.

Studies also showed that surgical interventions normalize the filtration rate of the kidneys in obese patients with high filtration rates (a risk factor for the development of kidney disease).

While the findings imply that weight reduction may prevent the progression of kidney disease in obese kidney disease patients, the authors noted that there were only a small number of studies available for analysis and additional high-quality long-term studies on this topic are needed.

The study appears in Clinical Journal of the American Society Nephrology. (ANI)

How some people maintain weight loss, others don’t

Washington, Sep 16 (ANI): Ever wondered how some people successfully maintain a significant weight loss, while others tend to regain the weight? Well, researchers at The Miriam Hospital attribute such tendencies to a difference in brain activity patterns.

The researchers showed that when individuals who had kept the weight off for several years were shown pictures of food, they were more likely to engage the areas of the brain associated with behavioural control and visual attention, as compared to obese and normal weight participants.

The findings of the study suggest that successful weight loss maintainers may learn to respond differently to food cues.

“Our findings shed some light on the biological factors that may contribute to weight loss maintenance. They also provide an intriguing complement to previous behavioral studies that suggest people who have maintained a long-term weight loss monitor their food intake closely and exhibit restraint in their food choices,” said lead author Dr. Jeanne McCaffery.

Long-term weight loss maintenance continues to be a major problem in obesity treatment.

Participants in behavioural weight loss programs lose an average of 8 to 10 percent of their weight during the first six months of treatment, and will maintain approximately two-thirds of their weight loss after one year.

However, despite intensive efforts, weight regain appears to continue for the next several years, with most patients returning to their baseline weight after five years.

The researchers used functional magnetic resource imaging (fMRI) to study the brain activity of three groups- 18 individuals of normal weight, 16 obese individuals (defined as a body mass index of at least 30), and 17 participants who have lost at least 30 lbs and have successfully maintained that weight loss for a minimum of three years.

When the participants were shown pictures of food items after a four-hour fast, it was found that those in the successful weight loss maintenance group responded differently to these pictures compared to the other groups.

Specifically, researchers observed strong signals in the left superior frontal region and right middle temporal region of the brain – a pattern consistent with greater inhibitory control in response to food images and greater visual attention to food cues.

“It is possible that these brain responses may lead to preventive or corrective behaviors – particularly greater regulation of eating – that promote long-term weight control. However, future research is needed to determine whether these responses are inherent within an individual or if they can be changed,” said McCaffery.

The study has been published in the American Journal of Clinical Nutrition. (ANI)

Aussie police command wobbled by sexual harassment claims

Sydney, Sep. 15 (ANI): Female police officers at an Australian police command have alleged that they were sexually harassed and intimidated by their male counterparts apart from being told that their place was in the home.

According to a complaint filed by a senior female constable at the Goulburn Local Area Command, five of her male colleagues sent sexually explicit emails to her and asked her to join a threesome.

Another three officers at the same command’s Bowral station have told their local MP they were “demeaned” due to pregnancy or because they were mothers, the Daily Telegraph reports.

The alleged harassment of the senior constable and sergeant began two years ago.

During one sleazy exchange in the police station, a senior colleague told the female constable that a threesome was “every man’s dream” and then suggested she “have a go” with the girlfriend of another officer.

The policewomen have also alleged that a local man was assaulted during an arrest in the middle of 2007 and that it was never investigated, despite his family attempting to make a complaint.

The senior constable said the arresting officer told her: “That guy’s a piece of s…, he was carrying on like a f…..t and mouthing off, he got what he deserved, we flogged him, he got pile-driven into the ground head first.”

A police spokesman said the women were the subject of a 181D action and faced a loss of confidence of the Commissioner.

“Their reward for a combined 37 years of dedicated front-line service is to be subjected to systematic bullying by male officers because of their gender and because they had the courage to stand up and complain about their treatment,” Hodgkinson said.
The two women have paid dearly for their service, with the senior constable needing surgery to fuse her spine last year and the sergeant suffering a broken back on duty. (ANI)

Tendulkar scores 44th ODI ton in Sri Lanka

Colombo, Sep.14 (ANI): India’s Sachin Tendulkar scored his 44th ton in one-day internationals on Monday.

The new landmark came off 91 balls against Sri Lanka in the finals of the Compaq trilateral series being held at the Premadasa Stadium in Colombo.

The ton came in the 33rd over of the Indian innings. At the time of the filing of this report, India had scored 195 for the loss of Rahul Dravid’s wicket. Dravid was caught of the bowling of left-arm spinner Sanath Jayasuriya for his individual score of 39. Tendulkar and Dhoni have completed a century partnership of 104 balls. (ANI)

How people lose muscles as they get older

Washington, Sep 12 (ANI): Even the most well-built people tend to loose their muscles and develop thinner arms and legs as they get older, and researchers in Nottingham have now explained why this happens.

As age catches up, it becomes harder to keep our muscles healthy-they get smaller, which decreases strength and increases the likelihood of falls and fractures.

The researchers have already shown that when older people eat, they cannot make muscle as fast as the young, and now they have found that the suppression of muscle breakdown, which also happens during feeding, is blunted with age.

Led by Michael Rennie, the scientists and doctors at The University of Nottingham Schools of Graduate Entry Medicine and Biomedical Sciences, believe that a ‘double whammy’ affects people aged over 65.

But the team think that weight training may “rejuvenate” muscle blood flow, and help retain muscle for older people.

The study’s results may explain the ongoing loss of muscle in older people- when they eat they do not build enough muscle with the protein in food and also, the insulin (a hormone released during a meal) fails to shut down the muscle breakdown that rises between meals and overnight.

Normally, in young people, insulin acts to slow muscle breakdown.

These problems could be a result of a failure to deliver nutrients and hormones to muscle because of a poorer blood supply.

In the study, the researchers compared one group of people in their late 60s to a group of 25-year-olds, with equal numbers of men and women.

Professor Rennie said: “The results were clear. The younger people’s muscles were able to use insulin we gave to stop the muscle breakdown, which had increased during the night. The muscles in the older people could not.”

“In the course of our tests, we also noticed that the blood flow in the leg was greater in the younger people than the older ones. This set us thinking: maybe the rate of supply of nutrients and hormones is lower in the older people? This could explain the wasting we see,” he added.

Later, Beth Phillips, a PhD student working with Rennie, confirmed the blunting effect of age on leg blood flow after feeding, with and without exercise.

The team predicted that weight training would reduce this blunting.

“Indeed, she found that three sessions a week over 20 weeks ‘rejuvenated’ the leg blood flow responses of the older people. They became identical to those in the young,” said Rennie.

The study has been published in The American Journal of Clinical Nutrition. (ANI)

US marks eighth anniversary of 9/11 terror strike

New York, Sep 11(ANI): The eighth anniversary of the September 11, 2001 attacks on the World Trade Center twin towers in New York City and the Pentagon in Washington, which killed nearly 3,000 people, was observed here on Friday.

On September 11, 2001, four hijacked planes crashed into the twin Towers, the Pentagon, and a field in Pennsylvania.

Memorial ceremonies are to be held at these sites and four moments of silence are observed, at 8:46 a.m., 9:03 a.m., 9:59 a.m. and 10:29 a.m. ET, as these were the timings when the attacks took place.

President Barack Obama attended the wreath-laying ceremony at the Pentagon, where 184 people died.

The names of more than 2,700 victims from the site were also read by family members and volunteers at the New York ceremony, which was attended by U.S. Vice-President Joe Biden.

For the first time, the anniversary was designated as a National Day of Service. On Thursday, Obama issued a proclamation honouring those who died and had urged Americans to mark the anniversary with acts of community service.

Remembering those who lost their lives on the tragic day, New York City Mayor Michael Bloomberg, said: “It is the sacred duty of the living to carry within us the memories of those we lost. While there is pain in remembering the loss, there is sweetness in remembering their lives.” (ANI)

Polar bears face extinction in less than 70 years because of global warming

London, September 11 (ANI): A new research has warned that polar bears face extinction in less than 70 years because of global warming.

“Recent projections suggest polar bears could be extinct within 70 years,” Eric Post, associate professor of biology at Penn State University, who led the latest study, told the Telegraph.

“But we think this could be a very conservative estimate. The outlook is very bleak for them and other creatures such as ringed seals,” he said.

Melting ice is causing Polar bear numbers to drop dramatically, scientists warn.

“The rate at which sea ice is disappearing is accelerating and these creatures rely on it for shelter, hunting and breeding. If this goes, so do they,” said Post.

Others also at risk include ivory gulls, Pacific walruses, ringed and hooded seals and narwhals, small whales with long, spiral tusks.

One of the problems is that other animals are moving north, encroaching on their territory, spurred by increasing temperatures, pushing out native species.

The animals are also struggling with the loss of sea ice.

The international team analyzed average temperature in the Arctic over the last 150 years and warned many animals that are dependent upon the stability and persistence of sea ice are faring especially badly.

Polar bears and ringed seals both give birth in lairs or caves under the snow and can lose many newborn pups when the lairs collapse in unusually early spring rains, triggered by climate change.

Among animals migrating further north are red foxes, which are driving out the smaller Arctic foxes. (ANI)

PDP leader Mehbooba Mufti hurt in car mishap

Doda (J and K), Sep.10 (ANI): Peoples Democratic Party president Mehbooba Mufti suffered minor facial injuries on Thursday when her car was involved in an accident.

The mishap occurred soon after she told a PDP workers’ convention that the spate of fatal road accidents in the Chenab valley region reflected the devastation, exploitation and neglect of the poorest of the poor in the state.

The PDP president said the huge loss of life caused by road accidents in Doda region could not be delinked from the fact that the condition of roads was the result of deterioration of geological and ecological conditions.

She also used the occasion to criticise the ruling National Conference-Congress coalition government in the state for not doing enough on power projects.

She urged the state government to focus on a return of control of natural resources to the state so that they are utilized for the betterment of our people.

She also touched on the subject of education, calling on the state government to take steps to usher in improvements in this sector. (ANI)

Murray vows to come back better after US Open loss

New York, Sep.9 (ANI): British tennis star Andy Murray has said that he will come back a better player following his fourth-round straight-sets thrashing by Croat ace Marin Cilic.

“It’s the biggest disappointment of my tennis career. As an individual sportsman you have to take responsibility. I played poorly. I wasn’t myself and I’m disappointed I could not find a way back,” The Sun quoted Murray, as saying.

“I allowed him (Cilic) to dictate the play. Normally the return is the one part of my game which is always strong. I don’t know how long it will take me to get over it. I played well in the summer,” he added. (ANI)

Indian cricket team leaves for Sri Lanka, Kirsten rues Sehwag’s absence for tri-series

Chennai, Sep. 9 (ANI): Before boarding a special Air Indian flight for Colombo on Wednesday,Indian cricket team coach Gary Kirsten said the team would draw inspiration from its past success in Sri Lanka and also cope with the “huge” loss of explosive opener Virender Sehwag during the the tri-series involving Sri Lanka and New Zealand in the island nation.

The Indians will play their first match against Sri Lanka on Thursday.

Asked who would be opening the innings with Gautam Gambhir, Kirsten said, “We are not sure about the combination. We would decide it on the day of the game. But obviously, missing Sehwag is huge. He is a high quality player and any team would love to have him in the mix. But we have got a lot of depth in the team.”

Kirsten also said that he was quite excited about Rahul Dravid’s return to the team after being out for close to two years.

“It’s great to have him. With the sort of experience he brings, it’s going to help the team. It’s great,” he said.

A clean-sweep in the short series would catapult India to the top of the ICC ODI rankings and Kirsten said being the best in the world is high on the team’s list of targets for the next eight months.

“We have set our goals. One of them is to be the best cricket team in the world. We are headed that way and we are very excited. We know we have to perform well as we continue the quest to be the best,” Kirsten said.

He said that the six week long break for the team was great.

Asked about the team’s chances in the tri-series, Kirsten said, “We won the last two series in Sri Lanka and we are confident. But we think ahead and don’t harp on the results ofthe past. We have got a good batting line-up which is quite flexible in the middle. We would like to mix it up during the series.” (ANI)

Need to prevent periodontitis to cut head and neck cancer risk

Washington, Sep 8 (ANI): Researchers at the University of Buffalo have stressed on the need for increased efforts to prevent and treat chronic periodontitis, a form of gum disease, to reduce the risk for head and neck cancer.

Led by Dr. Mine Tezal at Buffalo, periodontitis is an independent risk factor for head and neck squamous cell carcinoma.

“Prevent periodontitis; if you have it already, get treatment and maintain good oral hygiene,” said Tezal.

Chronic periodontitis is characterized by progressive loss of the bone and soft tissue attachment that surround the teeth.

The researchers assessed the role of chronic periodontitis on head and neck squamous cell carcinoma, as well as the individual roles on three subsites: oral cavity, oropharyngeal and laryngeal.

They used radiographic measurement of bone loss to measure periodontitis among 463 patients, 207 of whom were controls.

The results of the study revealed that chronic periodontitis might represent a clinical high-risk profile for head and neck squamous cell carcinoma.

The strength of the association was greatest in the oral cavity, followed by the oropharynx and larynx, according to Tezal.

When they stratified the relationship by tobacco use, they found that the association persisted in those patients who never used tobacco.

The researchers did not expect the periodontitis-head and neck squamous cell carcinoma association to be weaker in current smokers compared to former and never smokers, according to Tezal.

However, this interaction, although statistically significant, was not very strong.

“Confirmatory studies with more comprehensive assessment of smoking, such as duration, quantity and patterns of use, as well as smokeless tobacco history are needed,” said Tezal.

“Our study also suggests that chronic periodontitis may be associated with poorly differentiated tumor status in the oral cavity. Continuous stimulation of cellular proliferation by chronic inflammation may be responsible for this histological type. However, grading is subjective and we only observed this association in the oral cavity. Therefore, this association may be due to chance and needs further exploration,” she added.

Andrew Olshan, Ph.D., said these results lend further support to the potential importance of poor oral health in this form of cancer.

Olshan said, “Although the study is comparatively small, the researchers were able to also see an association between bone loss and the risk of head and neck cancer.”

The results of the study have been published in Cancer Epidemiology, Biomarkers and Prevention, a journal of the American Association for Cancer Research. (ANI)

Facebook may boost your brain’s working memory

London, Sep 7 (ANI): Some social networking sites, like Facebook, could help improve a person’s working memory, according to an expert.

Dr. Tracy Alloway, a psychologist at Stirling University, says that working memory – the ability to recall things over a short period of time – could be the key to success.

She believes that it may be possible to train the brain’s working memory just like an athlete trains muscles, reports the Independent.

Alloway said that some technological inventions, such as Facebook, might actually improve working memory because they require people to hold a lot of information in their heads.

However, other such websites, like spell-checks and Twitter, which requires only small bite-sized phrases, may work against improving working memory.

Instead, these websites could be contributing to some people’s lack of success, she suggested.

Alloway said that she had devised an on-line game that can improve working memory, which may help the young develop working memory skills as well helping to combat memory loss in the elderly. (ANI)

Missing protein in rare genetic brain disorder restored

Washington, Sep 7 (ANI): By using protease inhibitors, researchers at the University of California-San Francisco (UCSF) have restored to normal levels a key protein that is involved in early brain development, and causes the rare brain disorder lissencephaly.

Reduced levels of the protein called LIS1 have been shown to cause lissencephaly, which is characterized by brain malformations, seizures, severe mental retardation and very early death in human infants.

The findings in mice offer a proof-of-principle that the genetic equivalent to human lissencephaly, also known as “smooth brain” disease, can be treated during pregnancy and effectively reversed to produce more normal offspring.

The researchers are hoping that this approach could also be used to treat other defects in utero, or even those manifesting after birth, when caused by a partial deficiency in one gene, according to Dr. Anthony Wynshaw-Boris.

“Researchers have not considered it possible to treat such a pervasive, early developmental brain disorder as lissencephaly. Not only were we able to show a clear cellular effect from using these protease inhibitors, but also were able to treat the disorder in utero,” Nature quoted Wynshaw-Boris as saying.

The work is the culmination of 15 years of collaborative research into the cause and mechanisms of lissencephaly, which is caused by a deletion or loss of one copy of the LIS1 gene, and affects an estimated one in 50,000-100,000 infants.

In 1998, the researchers reported of producing a mouse with the same mutation that displayed defective brain development.

The current research used these mice, and found that the protein calpain degrades the LIS1 protein to less than half its normal levels near the surface of the cells.

The team then used a specific small-molecule protease inhibitor of calpain in these mice.

At a cellular level, the protease inhibitors enabled LIS1 protein to be expressed at near-normal levels.

The team then gave daily injections of a calpain inhibitor to pregnant mice whose foetuses had the mouse-model of this defect.

They observed that the resulting offspring had more normal brains and showed no sign of mental retardation.

“This study is really a proof-of-principle not only for treating complex developmental brain disorders, but also for any disorder with reduced protein levels where proteases normally play some role in breaking down that protein. This will be much more difficult to apply to humans, because of the safety issues involved, but it could lead to new therapies that might be effective for a wide range of developmental disorders,” said the researchers.

The findings have been published in the journal Nature Medicine. (ANI)

Uncle Sam serves up tax bill to Philippoussis

Melbourne, Sep.6 (ANI): Tennis ace Mark Philippoussis is being chased by the US taxman and has sold his Williamstown family home to avoid having it repossessed.

It has now emerged that the US Internal Revenue Service has pursued the Scud for about 1.4 million dollars during the past decade.

US records show the IRS still wants about 500,000 dollars for tax debts dating back to 2003.

Philippoussis, who according to his mother is playing in a tournament in San Diego, revealed to the Sunday Herald Sun in May that his money was gone, he was depressed and he was battling to save the family home from repossession.

“Money came in left, right and centre; you just thought that’s how it was for everyone and that’s how it always will be,” he said at the time.

The Davis Cup hero put his Williamstown home on the market to avoid having it repossessed over his unpaid 1.3 million dollar mortgage, but it was passed in for 775,000 dollars in July.

Wayne Elly, of Hocking Stuart, yesterday confirmed Scud’s house had sold recently for about the asking price of 950,000 dollars.

Philippoussis once owned at least five properties in the US, selling the last one in 2005 at a loss.

Official US records suggest he still owes about 180,000 dollars for the 2004 financial year and about 317,000 dollars from 2003.

A former tax debt for about 918,000 dollars dating back to 2001 was satisfied in 2004, according to the Palm Beach County records office.

The IRS would not comment this week, but a US tax expert said the documents suggested the agency was confident it could recoup the debt. (ANI)

Spare gene in fish provides raw materials for evolution of new Traits

Washington, September 4 (ANI): In a new research, scientists have discovered that a duplicate copy of a gene involved in embryonic development of fish has taken up a newer role in the evolution of fish scales.

Scientists have suspected that spare parts in the genome-extra copies of functional genes that arise when genes or whole genomes get duplicated-might sometimes provide the raw materials for the evolution of new traits.

Now, researchers say that they have discovered a prime example of this in fish.

The researchers show that a duplicate copy of a gene involved in embryonic development has taken up a newer and decidedly less essential role in the development of fish scales.

Zebrafish carrying a mutant version of that extra fibroblast growth factor receptor 1 (fgfr1) gene show decreases in their scale formation.

What’s more, the spare fgfr1 gene is at the root of similar scale loss seen in domesticated carp, which have been selectively bred by humans for the last 2,000 years.

“Our finding is an excellent case for (gene) duplication supporting diverse forms,” said Matthew Harris of the Max Planck Institute for Developmental Biology.

“By ‘tweaking’ the use of one of the two copies of the fish fgfr1, the teleost order that contains zebrafish and carp have a specialized ‘toolbox’ gene that now controls adult-specific variation in form,” added Nicolas Rohner, also of the Max Planck Institute.

Fish species outnumber all other vertebrates combined and include many with spectacular features to match the diverse environments in which they live, according to Harris and Rohner.

Teleost fish in particular represent the largest assemblage of vertebrates, comprising over 26,000 species with astonishing diversity in their form and physiology.

Although little is known about the genetic basis of that diversity, it is clear that gene duplication is commonplace within teleost groups, providing a source of genetic raw material for selection.

To further explore in the new study, the researchers first examined mutant strains of zebrafish in search of those with changes to their fins, skulls, or scales, all structures that tend to vary among species.

They focused their attention on one with fewer scales and in an unusual pattern-an abnormality they traced to fgfr1.

“We were surprised to find severe coding mutations in such an important developmental gene to cause an adult-specific and viable phenotype,” Harris said.

Further study showed the reason why: zebrafish maintain two copies of fgfr1 that function redundantly during embryonic development. One of those two genes is also required for the formation of the scales in juveniles. (ANI)

Reddy, a leader committed to ideologies of Congress: PM

New Delhi, Sep 3 (ANI) : Prime Minister Manmohan Singh described the departed Andhra Pradesh Chief Minister Y. S. Rajsekhar Reddy as “a dynamic and tall leader of the party”.

Speaking to reporters after the Congress Committee meeting Singh said, “We express great sorrow on the untimely demise of Dr. Rajasekhara Reddy, who was a tall and dynamic leader of the Congress party. With his intense and hard efforts he made the party as a natural choice of administration in Andhra Pradesh.”

“With the profound interest in the development he made the Andhra Pradesh to emerge as a model of governance,” Singh said.

With the death of Dr.Reddy the Congress lost an outstanding leader who is committed to the ideas and ideologies of the party. At this juncture, we express our deep condolences to the family and colleagues of Dr. Reddy and also to the families of other four members who died with him,’ Singh said.

Congress President Sonia Gandhi described Rajasekhara Reddy as a hard working leader.

“The congress party is shocked over the untimely death of Dr. Rajasekhara Reddy. The party expressed its deep condolences to the party workers leaders and the colleagues of YSR. At this time we assure to Reddy’s family and also the families of all those who travelled with him and did not return that the party will stand with them to overcome the deep loss,”said Sonia Gandhi. (ANI)

YSR was son of soil, his loss is irreparable: BJP

New Delhi, Sep.3 (ANI): The Bharatiya Janata Party (BJP) on Thursday expressed its deepest condolences on the death of Andhra Pradesh Chief Minister Y.S. Rajshekhara Reddy and four others in a helicopter crash on Wednesday.

Terming the late Andhra leader as a ‘son of the soil’, BJP president Rajnath Singh described his death as shocking and added that the tragedy has left a huge void in state and national politics, a loss that is irreparable.
Cutting across the party lines to express its grief, the BJP said it has also decided to keep the party flag at half mast at its Delhi Headquaters.

Some BJP leaders are also expected to fly to Hyderabad to pay final tribute to the late chief Minister. (ANI)

US envoy condoles death of Andhra chief minister

New Delhi, Sep.3 (ANI): United States Ambassador to India Timothy J. Roemer today offered condolences to India on the loss of Andhra Pradesh Chief Minister Y S R Reddy and the four other victims of a tragic September 2 helicopter accident.

“The Chief Minister was a strong supporter of U.S-India friendship and our bilateral partnership, visible in the strong economic and family ties between the people of Andhra Pradesh and the United States,” Ambassador Roemer said.

On behalf of the U.S. government, Ambassador Roemer offered his condolences to Chief Minister Reddy’s family as well as to the families of those who died along with the Chief Minister on his mission. (ANI)

US should conduct ‘offshore’ strikes on Afghanistan

Washington, Sep.2 (ANI): A leading conservative columnist, George Will, has called on the Obama administration to pull American troops out of Afghanistan, and instead focus on fighting from “offshore” by means of “intelligence, drones, cruise missiles, air strikes and small, potent Special Forces units.”

According to the Washington Post, there seems to be some merit in waging an “offshore” war, given the success that has been achieved in neighbouring Pakistan against the Taliban with the help of Predator drone strikes, minimum troop deployment and contractors. The acknowledged U.S. toll: zero dead. That’s in stark contrast to the 813 Americans killed so far in Afghanistan.

Obama faces a key decision in coming weeks on Afghanistan. He has already sent 21,000 additional troops there this year, boosting the U.S. total there to 68,000, along with some 40,000 NATO allies.

US commander in Afghanistan General Stanley McChrystal is likely to ask him for more – most likely 10,000 to 20,000 – just as the President wrestles with health-care reform and a still-feeble economy.

Stephen Biddle of the Council on Foreign Relations, who has been advising General McChrystal, says that drones don’t work everywhere. They can be easily shot down by even a “third-rate air force,” he says.

He also says using drones to eliminate enemy personnel needs good intelligence from sources on the ground, something that would melt away should the Taliban reclaim power.

Biddle isn’t overly concerned about Afghanistan falling, again, into the hands of the Taliban. But he is concerned about its nuclear-armed neighbor.

“At some level, the loss of Afghanistan could be tolerated,” he says. “There’s nothing especially unique about Afghanistan as a haven for striking the U.S. Yemen, Djibouti or Somalia could play that role – there are lots of ill-governed spaces around the world that could. But Afghanistan is unique in its proximity to Pakistan, and its potential role in destabilizing Pakistan if Kabul falls under a Taliban government,” he says.

Andrew Bacevich, a retired Army colonel, says the drone strikes are paying off in Pakistan because of that nation’s “quasi-legitimate government and reasonably effective army” – neither of which Afghanistan has.

But he does call the war “misguided and unnecessary,” and argues the U.S. should work with the country’s tribal chiefs to ensure stability in their respective valleys.

And offshore spy-and-strike capabilities could, at a minimum, keep al-Qaeda off-balance in the region “and optimally destroy whatever entity is engaged in a plot,” Bacevich says. (ANI)