What's next in the looming budget crisis?

(CBS News) WASHINGTON -- We are nine days from the next national self-inflicted budget crisis: big, across-the-board cuts in the federal budget will hit automatically on March 1. The cuts are designed to be so deep and damaging that they would force the president and Congress to compromise on a better way.

"These cuts are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of Americans to the unemployment rolls," President Barack Obama said Tuesday. "This is not an abstraction. People will lose their jobs. The unemployment rate might tick up again."

Watch: Obama warns of the dangers of the "sequester," below.

Obama wants more tax revenue, but Republicans say no. Both sides say it's up to the other to give in.

There will be a continued effort by the White House to apply public pressure on Republicans to relent. This will be done in public, in events such as Obama's speech Tuesday; it's already been done privately.

Top government officials are warning businesses they could be harmed by these looming spending cuts. For example, last Friday, top officials at the Agriculture Department warned meat and poultry producers that there might not be enough federal inspectors to keep their processing plants open and operating.

These are designed to motivate businesses to plead with Republicans to find another way. For now, Republicans appear prepared to take these spending cuts, because they say they will argue to the public they're more serious about deficit reduction than President Obama.

Obama to GOP: Put away the "meat cleaver"
GOP losing faith on sequester alternative?
With sequester looming, Congress takes a break

There are currently no behind-the-scenes negotiations between the White House and Republicans. Republicans say this is President Obama's problem and that he needs to solve it with new spending cuts, because they refuse to raise taxes again this year.

As for talks, the top aide to House Majority Leader Eric Cantor joked Tuesday that President Obama has spent more time playing golf with Tiger Woods than he has negotiating with congressional Republicans.

Read More..

Former Navy SEAL on Coming Out of Shadows












It used to be that Navy SEALs didn't just operate in the shadows. They trained in them too. Their whole story stayed shrouded in mystery. Their secret missions stayed secret to the rest of us.


But when they got Osama Bin Laden, snatched back an American cargo ship taken by pirates and rescued two air workers held hostage in Somalia, then suddenly, it seemed that SEALs were headline-makers.


Add to that some SEALs wrote books about SEAL adventures and even acted in a movie about the SEAL experience using live ammunition when they made "Act of Valor." They can't quite be called "the military unit that no one ever talked about" any longer.


Watch the full story on "Nightline" TONIGHT at 12:35 a.m. ET


Rorke Denver played Lt. Commander Rorke in "Act of Valor," a film that used dozens of SEALs and went on to gross $80 million at the box office. Now, with the help of a writer, Denver is doing some pretty decent storytelling in a new book, "Damn Few: Making the Modern SEAL Warrior."


He agrees that with SEALs like him telling their stories that these guys are out in the open like never before.


"We are, at this moment in our history, when the heat is on, the missions are getting press and coverage," Denver said.










Acts of Valor: Four Boyfriends Took Bullets to Save Girlfriends Watch Video









'Zero Dark Thirty' Screenwriter Responds to Film's Controversy Watch Video





When asked if it was a good thing, he said, "time will tell."


"We are in the public eye and I think that mythology is something that people are hugely, hugely interested in and they have an appetite for it," Denver said. "So for us with the movie and then also with 'Damn Few' I had an opportunity, I feel, to authentically represent and hopefully do it from an honorable point of view and accurately do so."


It's mostly his own story Denver tells in "Damn Few," how he joined the SEALs after college -- they didn't want him at first.


"I put in my first application and they said no, and I am glad it went that way. I think the community really values resiliency and toughness and focus and a 'never quit' attitude. For me, when they said no I thought, that ain't going to cut it."


Denver didn't quit. He reapplied and went on to survive the SEALs brutal Hell Week and training, joined the team and deployed all over the world, including the deadly Al Anbar province in Iraq when the war there was at its hottest. His family waited for him to return stateside.


"The families, I feel, are the ones who pay the price of our choices," Denver said. "But I didn't appreciate how much I was asking my family to bear and experience it with me. They really are every bit a part of our experience and frankly they are the ones who are back home and praying and believing that you are going to come home."


But even his family didn't quite know what Denver did at work every day.


"I never ask questions about what he does," said his wife, Tracy.



But "Act of Valor" was revealing in that way, and Denver's wife watched the film.


"For me it was incredibly eye-opening to actually see a submarine mission or running around in the jungle, jumping out of a plane, shooting his weapons," she said. "For me, it was like, oh, so this is what you are doing when you are away. I appreciated it actually."






Read More..

Venezuela's Maduro would win if Chavez goes: poll


CARACAS (Reuters) - Venezuelan Vice President Nicolas Maduro would comfortably win a presidential election should his boss Hugo Chavez's cancer force him out of power, according to an opinion poll.


The first survey on such a scenario, by local pollster Hinterlaces, gave Maduro a potential 50 percent of votes, compared to 36 percent for opposition leader Henrique Capriles.


Chavez returned to Venezuela on Monday after a long stay in Cuba to continue treatment at home for the disease that is jeopardizing his 14-year socialist rule of the South American OPEC nation.


He has named 50-year-old former bus driver and union activist Maduro as his preferred successor. But Capriles, 40, a center-left state governor who lost to Chavez in a presidential vote last year, would likely run again.


Chavez still has not said a word in public since his December 11 operation in Cuba, and Venezuelans were debating on Tuesday the various possible scenarios after his homecoming - from full recovery, to resignation, or even death from the cancer.


Should Chavez be forced out, Venezuela's constitution stipulates an election must be held within 30 days.


Capriles, who crossed swords with Hinterlaces at various points during the presidential election, again mocked its director, Oscar Schemel, as being biased against him.


"That man is not a pollster, he's on the government's payroll," Capriles told local TV.


"He said in December I would lose the Miranda governorship," he added, referring to his defeat of government heavyweight Elias Jaua, now foreign minister, in that local race.


Opinion surveys are notoriously controversial and divergent in Venezuela, with both sides routinely accusing pollsters of being in the pocket of the other.


Hinterlaces surveyed 1,230 people between January 30-February 9.


(Editing by Bill Trott)



Read More..

Companies paying more bills on time






SINGAPORE: Companies are paying more bills on time, according to the Commercial Credit Bureau.

The bureau said the number of prompt commercial payments rose to 51.59 per cent in the fourth quarter of last year. That is up by a moderate 2.29 percentage points from 49.3 per cent in the previous quarter.

Prompt payment means a company has paid at least 90 per cent of its total bills within agreed upon payment terms.

It was the first time in two years that 50 per cent of prompt commercial payment transactions were recorded. This comes on the heels of a slight economic uptick in the fourth quarter last year. The Ministry of Trade and Industry estimates the economy grew by 1.1 per cent year-on-year in Q4 2012.

Year-on-year payment promptness also increased 12.09 per cent per cent from 39.5 per cent last year. Payment promptness was at its peak in Q3 2012 when it made up 61.2 per cent of all commercial transactions in Singapore.

But the number of slow payments (when a company pays less than 50 per cent of its bills on time) increased slightly last quarter, up 0.79 percentage points to 40.99 per cent.

The construction industry saw the biggest drop in defaults. Slow payments fell 8.24 percentage points to 41.19 per cent quarter-on-quarter. A year-on-year comparison shows a decline of 17.11 percentage points in payment defaults.

With heavy government investments in industrial projects and a strong pipeline of nationwide rail transit and road infrastructure projects, the downward trend in slow payments is likely to continue into the next quarter.

The retail industry - traditionally the worst paymaster - also saw defaults fall on the back of strong seasonal sales in December.

The retail sector registered 54.73 per cent slow payments, a decrease of 4.98 percentage points from Q3 2012.

The wholesale sector registered the lowest proportion of slow payments at 35.7 per cent a 4.68 percentage point increase from the previous quarter.

- CNA/fa



Read More..

Microsoft moves Outlook.com out of preview




Microsoft announced Tuesday that its Outlook.com browser-based e-mail service has moved out of its preview stage and is now available globally.



First introduced last July, Outlook.com is Microsoft's boldest e-mail move since Google launched Gmail in 2004 and a clear answer to it. As I said in my First Take, the simple interface, Skydrive integration, and promise of mega storage will remind you of Google's product while the People Hub and vaguely Windows 8 look and feel give Outlook.com a distinct identity.




Microsoft designed Outlook.com to replace its Hotmail product, which it acquired in 1997, and the general availability marks the start of that process. The Hotmail name won't disappear entirely, but Outlook.com will become Microsoft's sole free consumer e-mail offering.



In a phone interview last week, Senior Director of Product Management Dharmesh Mehta said existing Hotmail users can switch over at anytime. You'll be able to keep using your "@Hotmail" address and you'll have the option to claim an "@Outlook.com" alias, as well.



Users who don't switch over on their own will be upgraded in waves to the new product automatically starting this week. Mehta said that the process should finish by the summer, though he declined to name an exact date.



Microsoft also announced that in the six months since Outlook.com debut, the service has attracted to 60 million users. And in an effort to attract more, Mehta said that the company is launching its largest marketing ever for an e-mail service.



Outlook.com's minimalist interface is both familiar and unique.



(Credit:
Screenshot by Kent German/CNET)


Read More..

WH: Leaked immigration plan is only partial draft

(CBS News) WASHINGTON -- Over the weekend, a partial White House plan for immigration reform leaked to the press and caused an uproar.

White House officials tell CBS News that what was leaked is real -- it's a partial draft of half a bill. What we know is the administration's current thinking about what to do about the estimated 11 million illegal immigrants living in the United States right now.

The administration wants a temporary four-year visa to provide legal status -- meaning no more deportations -- that could be renewed. After eight years, they can apply for what's known as permanent legal residency, or, more commonly, a Green Card.

(At left, watch White House Chief of Staff Denis McDonough discuss the leaked immigration plan on "Face the Nation.")



There's also administration thinking on border security and an unspecified increase in border security, subject to negotiations with Congress. For workers who try to find jobs in the future and who might not have documents, the plan includes an E-Verify system to make sure undocumented workers aren't given jobs.


GOP: Leaked WH immigration plan "counterproductive"
W.H. immigration plan circulating in case Congress talks "break down," McDonough says

What's missing is a section dealing with all future legal immigration issues: high-skilled workers, seasonal farm workers and workers who work in hotels or restaurants. Without that, this plan doesn't have much of a chance.

The plan is not likely to get through Congress without the section dealing with legal immigration. That's why Republicans were so critical this weekend.

Last year, Republicans criticized the president for being missing in action and failing to draft a bill. Now that he admits he is, Republicans say he's contaminating that process; they argue that if you don't have a comprehensive bill -- one that can pass Republicans and Democrats in both the House and Senate -- this is a futile effort.

The White House says Republicans are going to be dared to vote up or down eventually, and that they better get used to that.

Read More..

Russian Meteor: Close Encounter, Preventing Impacts





Feb 18, 2013 7:03pm



MOSCOW — As if Friday’s massive meteor explosion over central Russia weren’t enough, just hours later a large asteroid buzzed dangerously close to Earth.


And that evening, the California sky was lit up by a fireball, apparently entering Earth’s atmosphere.


It’s a barrage from space that has people asking: Are we ready for the big one?


Nearly 100 tons of space debris enters Earth’s atmosphere every day. Most of it burns up or falls harmlessly into the ocean, but experts still worry that eventually something big will come our way.


PHOTOS: Meteorite Crashes in Russia


epa russia meteor Chebarkul lake jt 130217 wblog Russian Meteor: Close Encounters and Plans to Prevent Impacts

Image credit: Chelyabinsk Region Branch of Russian Interior Ministry/HO/EPA


The prospect of Earth getting hit by a giant hunk of space rock is concerning enough that the United Nations is gathering top minds in Italy this week to discuss it.


Scientists say the idea of blowing up an asteroid — as Bruce Willis’ character did in the movie “Armageddon” — is pure Hollywood fantasy. Even if we could hit it, it’s unlikely to stop it.


Existing sky-watching programs run by NASA and others can only spot the biggest asteroids, not the small ones that sneak up on us.


But fear not, citizens of Earth. Scientists have a plan.


RELATED: Russian Meteor: Rushing to Cash in on the Blast


One group, the non-profit B612 Foundation, proposes sending a telescope, called Sentinel, into space to detect incoming objects decades before their orbits intersect ours. Then, unmanned spacecraft could fly to them and nudge them clear of Earth’s path.


The group is trying to raise $200 million to make it happen and hopes to launch the telescope by 2016.


Another project, proposed by the University of Hawaii, aims to give earthlings a heads-up when necessary, starting by 2015.


RELATED: Meteor Events: Rare, but Dangerous


It is called the Atlas program, and the plan is to deploy a string of telescopes that would search for even smaller objects in the sky, hoping to be able to give people at least a few day’s notice that could allow time for an evacuation.


Until then, better keep Bruce Willis on speed dial.



SHOWS: World News






Read More..

U.N. says has list of Syrian war crimes suspects


GENEVA (Reuters) - Syrians in "leadership positions" who may be responsible for war crimes have been identified, along with units accused of perpetrating them, United Nations investigators said on Monday.


Both government forces and armed rebels are committing war crimes, including killings and torture, spreading terror among civilians in a nearly two-year-old conflict, they said.


The investigators' latest report, covering the six months to mid-January, was based on 445 interviews conducted abroad with victims and witnesses, as they have not been allowed into Syria.


The independent team, led by Brazilian Paulo Pinheiro, called on the U.N. Security Council to "act urgently to ensure accountability" for grave violations, possibly by referring the violators to the International Criminal Court for prosecution.


"The ICC is the appropriate institution for the fight against impunity in Syria. As an established, broadly supported structure, it could immediately initiate investigations against authors of serious crimes in Syria," the 131-page report said.


It added: "Individuals may also bear criminal responsibility for perpetuating the crimes identified in the present report. Where possible, individuals in leadership positions who may be responsible were identified alongside those who physically carried out the acts."


Karen Konig AbuZayd, one of the four commissioners on the team of some two dozen experts, told Reuters: "We have information suggesting people who have given instructions and are responsible for government policy. People who are in the leadership of the military, for example."


"It is the first time we have mentioned the ICC directly. The Security Council needs to come together and decide whether or not to refer the case to the ICC. I am not optimistic."


But its third list of suspects, building on lists drawn up in the past year, remains secret. It will be entrusted to U.N. High Commissioner for Human Rights, Navi Pillay, upon expiry of its current mandate at the end of March, the report said.


Pillay, a former judge at the ICC, said on Saturday that Syrian President Bashar al-Assad should be probed for war crimes and called for immediate action by the international community, including possible military intervention.


"The evidence collected sits in the safe in the office of the High Commissioner against the day it might be referred to a court and evidence would be examined by a prosecutor," said a European diplomat.


The death toll in Syria is likely approaching 70,000 people, Pillay told the Security Council last week in a fresh appeal for it to refer Syria to the ICC, the Hague-based war crimes court.


Government forces have carried out shelling and aerial bombardment across Syria including Aleppo, Damascus, Deraa, Homs and Idlib, the independent U.N. investigators said, citing corroborating evidence gathered from satellite images.


"In some incidents, such as in the assault on Harak, indiscriminate shelling was followed by ground operations during which government forces perpetrated mass killing," it said, referring to a town in the southern province of Deraa where residents told them that 500 civilians were killed in August.


"SPREADING TERROR"


"Government forces and affiliated militias have committed extra-judicial executions, breaching international human rights law. This conduct also constitutes the war crime of murder. Where murder was committed as part of a widespread or systematic attack against a civilian population, with knowledge of that attack, it is a crime against humanity," the U.N. report said.


They have targeted queues at bakeries and funeral processions, in violence aimed at "spreading terror among the civilian population", it said.


"Syrian armed forces have implemented a strategy that uses shelling and sniper fire to kill, maim, wound and terrorize the civilian inhabitants of areas that have fallen under anti-government armed group control," the report said.


Government forces had used cluster bombs, it said, but it found no credible evidence of either side using chemical arms.


Rebel forces fighting to topple Assad in the protracted and increasingly sectarian conflict have committed war crimes include murder, torture, hostage-taking and using children under age 15 in hostilities, the U.N. report said.


"They continue to endanger the civilian population by positioning military objectives inside civilian areas," it said. Rebel snipers had caused "considerable civilian casualties".


"The violations and abuses committed by anti-government armed groups did not, however, reach the intensity and scale of those committed by government forces and affiliated militia."


Foreign fighters, many of them from Libya, Tunisia, Saudi Arabia, Lebanon, Iraq and Egypt, have radicalized the rebels and helped detonate deadly improvised explosive devices, it said.


The two other commissioners are former chief ICC prosecutor Carla del Ponte and Vitit Muntarbhorn of Thailand.


"It is an investigative mechanism and its evidence can be given to relevant judicial authorities when the time comes. In the interim, it is the one piece of U.N.-approved machinery shining a light on abuses," the European diplomat said.


Referring to del Ponte, who joined in September, the diplomat said: "She brings a harder-edged prosecutorial lens so when they are looking at the evidence she is very well placed to know what sort of evidence would assist a later judicial process."


(Reporting by Stephanie Nebehay; Editing by Alistair Lyon)



Read More..

Budget to include schemes to develop manpower for SMEs: Teo Ser Luck






SINGAPORE: The upcoming Singapore budget will include schemes to develop a larger pool of Singaporean workers to cater to the needs of Small and Medium Enterprises (SMEs), said Minister of State for Trade and Industry Teo Ser Luck on Monday.

Mr Teo revealed this during a visit to a Soup Spoon outlet on Monday morning.

The minister said that the Singapore government is looking at how to help SMEs expand while managing business costs, given the rising cost of manpower in Singapore. Special attention will also be paid to smaller SMEs, he said.

"It is important for us not just to tighten labour, but to invest in our own resources, our local talents, to groom them and to grow them and to feed them into the pipeline for SMEs. That creates job opportunities for them, (and) also a career path for many of our local Singaporeans," said the minister.

Mr Teo said details of the schemes will be announced after Budget Day next week.

The Soup Spoon, for example, has rolled out initiatives to streamline business operations and improve workflow.

The food chain lowered rentals by reducing their outlets' kitchen sizes by two-thirds. It also adopted a new manpower scheduling system late last year, which helped the company optimise its workers by allocating manpower according to demand. The system has helped save the company an estimated S$150,000 annually in manpower costs.

The company's management has also expressed hopes to centralise the use of its part-timers so that it can be even more efficient in deploying workers to its 18 outlets.

Part-timers now form the majority, or 60 per cent, of the company's 300-strong staff, a twofold increase in proportion from the 30 per cent the company had in 2010.

With its revenue growing by 25 per cent annually since 2007, The Soup Spoon says it is focused on improving its productivity.

"For a lot of the food based companies, growth largely comes from outlets. So if you try to grow more outlets, and if you know (that) there are constraints like high rentals and low manpower, then the more you grow the more your problem grows significantly... It's a business model review (problem)," said Andrew Chan, managing director of The Soup Spoon.

- CNA/jc



Read More..

LG's 5.5-inch Optimus G Pro to reach U.S. in Q2




LG Optimus G Pro

LG Optimus G Pro



(Credit:
LG Electronics)



After some earlier teasing, LG Electronics fully detailed its Optimus G Pro Android phone today, a high-end model with 5.5-inch screen, LTE networking, and a quad-core 1.7GHz processor.


LG often sells its phones first in its home market of South Korea, and it looks like that's the plan for the Optimus G Pro, too. But it'll arrive in other areas, too, including North America and Japan in the second quarter of 2013, LG said in an announcement a week ahead of the Mobile World Congress show. That's where the South Korean company will show off the phone and announced three lower-end L-series Android phones, the Optimus L7 II, L5 II, and L3 II.




The Optimus G Pro is a large-screen model that
Android smartphone makers such as HTC and Samsung have embraced in an effort to differentiate products from the smaller iPhone. The Optimus Pro G has a 5.5-inch, 1920x1080-pixel AMOLED screen with a linear resolution of 400 pixels per inch.


Combined with its relatively large 3,140mAh battery, that means people can watch Full HD video "for hours on end," LG said.


The processor is the quad-core 1.7GHz Qualcomm Snapdragon 600, and the phone comes with 2GB of RAM. The phone itself measure 150.2x76.1x9.4mm


The camera has a 13-megapixel rear-facing camera with an LED flash and a 2.1MP front-facing camera. A feature called VR Panorama will construct 360-degree panoramas out of an array of horizontal and vertical views around the person holding the phone.


Both of the phones' cameras can be used in a dual-recording mode that "allows users to capture video with both the front and rear cameras simultaneously for a unique picture-in-picture experience," LG said.


Read More..