Sunday, February 10, 2013

Capabilities of U.S. missile shield questioned

Studies by the Defense Department, as well as the Russian government, question whether a US defense system planned for Eastern Europe would ever be able to intercept missiles from Iran.?

By Desmond Butler,?Associated Press / February 9, 2013

Russian Foreign Minister Sergei Lavrov holds a press conference during the NATO foreign ministers annual gathering, at NATO Headquarters in Brussels, Belgium, Thursday. Russia and NATO remain deadlocked on a long-running dispute over the alliance's plan for a missile shield for Europe, and Russia warned that time was running out for an agreement.

J. Scott Applewhite/AP/Pool

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Secret Defense Department studies cast doubt on whether a multibillion-dollar?missile?defense system planned for Europe will ever be able to protect the U.S. from Iranian?missiles?as intended, congressional investigators say.

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Military officials say they believe the problems can be overcome and are moving forward with plans. But proposed fixes could be difficult. One possibility has already been ruled out as technically unfeasible. Another, relocating?missile?interceptors planned for Poland and possibly Romania to ships on the North Sea, could be diplomatically explosive.

The studies are the latest to highlight serious problems for a plan that has been criticized on several fronts. Republicans claim it was hastily drawn up in an attempt to appease Russia, which had opposed an earlier system. But Russia is also critical of the plan, which it believes is really intended to counter its?missiles. A series of governmental and scientific reports has cast doubt on whether it would ever work as planned.

At a time that the military faces giant budget cuts, the studies could prompt Congress to reconsider whether it is worthwhile to spend billions for a system that may not fulfill its original goals.

The classified studies were summarized in a briefing for lawmakers by the Government Accountability Office, Congress' nonpartisan investigative and auditing arm, which is preparing a report. The GAO briefing, which was not classified, was obtained by The Associated Press.

Military officials declined repeated requests to discuss the studies on the record, noting they were classified. Even speaking on condition of anonymity, they declined to say whether the GAO had accurately reported its conclusions. But the GAO briefing had been reviewed by several Defense Department officials and the revisions they requested were incorporated. There was no indication they had objected to how the studies had been described.

The officials who spoke to the AP emphasized that the interceptor intended to protect the United States is in the early stages of development and its capabilities are not known. They said that the U.S. is already protected by other?missile?defense systems. Even if European-based interceptors are unable to directly defend the United States, they say they would protect not only European allies and U.S. troops stationed on the continent, but also U.S. radars there that are necessary for all U.S.?missiledefense plans.

Missile?defense has been a contentious issue since President George W. Bush sought to base long-range interceptors in central Europe to stop?missiles?from Iran. Some Democrats criticized the plans, saying they were rushed and based on unproven technology. Russia believed the program was aimed at countering its?missiles?and undermining its nuclear deterrent.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/vkku9vO0ccA/Capabilities-of-U.S.-missile-shield-questioned

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Bird Hitches Ride On Unsuspecting Car (VIDEO)

Who knew pigeons could be so lazy?

Youtube user "lilkobe4," who was on his way home from work at the time, recently captured footage of a bird hitching a ride on the hood of his car.

The pigeon hangs on for a surprisingly long time -- at least longer than this car-surfing bird -- and even makes it to the highway.

"He was probably laughing at me the whole time," the user writes.

Yeah, dude. He probably was.

(h/t Nothing To Do With Arbroath)

Also on HuffPost:

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Source: http://www.huffingtonpost.com/2013/02/08/bird-hitches-ride-surfs-car_n_2648681.html

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Best bets: Yippee-ki-yay, 'Die Hard 5' is here

Happy Valentine's Day, dear ... let's spend a romantic night seeing "Die Hard 5." Bruce Willis' beloved action hero John McClane is back just in time for everyone's favorite pink-hearts and lace day. Also returning this week: Reailty shows "Survivor" and "Amazing Race."

WEDNESDAY: 'Survivor'
Say this for "Survivor": It gives America a good geography lesson. This season is called "Survivor: Caramoan," referring to its filming location, a peninsula in the Philippines where both the previous season, "Survivor: Philippines" and this coming season were filmed. This is the "Fans vs. Favorites" season, with 10 returning players taking on 10 new faces -- one of whom is such a fan that she named her son "Colby" after season two runner-up Colby Donaldson. Among the more entertaining returnees: Malcolm Freberg, John Cochran and Erik Reichenbach. Sadly, "Facts of Life" star Lisa Whelchel, a mom, couldn't be away from her family for two back-to-back seasons. (Feb. 13, 8 p.m., CBS.)?

THURSDAY: 'A Good Day to Die Hard'
Sure, you could spend Valentine's Day at a fancy fondue restaurant feeding each other bread and cheese, or snuggled up at home watching "The Notebook." But come on, people! "A Good Day to Die Hard," aka "Die Hard 5," is opening on Valentine's Day -- even though it's a Thursday and not your typical movie-opening Friday. It's like a sign from the love gods. Take your date and see Bruce Willis' John McClane character team up with his adult son (Jai Courtney) as they smash up the streets of Russia as only they can. Yippee-ki-yay, Mother Cupid! (Opens Feb. 14.)

SUNDAY: 'The Amazing Race'
Yes, "Survivor's" not the only competition reality show rolling out a new season this week. "The Amazing Race" will also hit the road with 11 new two-person teams. This season includes hockey players, roller derby moms, cancer survivors, country singers and a pair of twin doctors. ?(Feb. 17, 8 p.m., CBS.)?

Related content:

Source: http://entertainment.nbcnews.com/_news/2013/02/05/16856646-best-bets-yippee-ki-yay-die-hard-5-is-here?lite&preview=true

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Friday, February 8, 2013

Navy pulling ship from Persian Gulf over budget worries

Kristina Young / Handout / EPA

The USS Harry S. Truman at an undisclosed location in the Atlantic Ocean in December 2012.

By Jim Miklaszewski and Andrew Rafferty, NBC News

Published 6:30 p.m. ET: Budget constraints?are prompting?the U.S. Navy to cut back the number of aircraft carriers in the Persian Gulf region from two to one, the latest example of how contentious fiscal battles in Washington are impacting the U.S. military.

According to Defense Department officials, the USS Harry S. Truman, which was set to leave for the Persian Gulf region on Friday, will now remain stateside, based in Norfolk, Virginia.?

Defense Secretary Leon Panetta ordered the change to the department?s ?two-carrier policy? in the Persian Gulf region early Wednesday.

The U.S. has steadily kept two aircraft carriers in the Persian Gulf for much of the last two years. In 2010, then-Secretary of Defense Robert Gates issued a directive to keep two in the area given the volatility of the region.

The cutback is largely a result of automatic spending cuts, known as sequestration, passed by Congress during the summer of 2011. Congress has failed to pass a budget for the fiscal year, and has instead opted on passing legislation that will keep spending at the same level as last year. But that means the Pentagon has been operating with less money and is unsure of what the future holds for its bottom line.

Under sequestration, the Navy would lose $4 billion over the next six months, the last half of fiscal year 2013. The Navy was already $4.6 billion in the hole for this year because the continuing resolution for 2013 was budgeted at 2012 rates.

Secretary of Defense Leon Panetta tells NBC's Chuck Todd if a sequester is allowed to happen it will "badly damage" the readiness of the U.S. military.

Navy officials say the Defense Department ordered members of their branch and all services to ?prepare for sequestration,? even though it?s not yet clear the automatic budgets cuts will kick in next month.?

?We cut back to one carrier in the Gulf region to save money now, or wait until sequestration and be forced to cut back to zero carriers,? a senior defense official told NBC News.

It?s not certain whether the Defense Department or the White House would permit a zero carrier presence in the Persian Gulf, no matter what the budget constraints, given rising tensions over Iran. The Truman would still conduct exercises off the US East Coast and would be ?surge ready? in the event of an emergency or disaster.

A statement from Pentagon Press Secretary George Little assured that the United States will ?maintain a robust presence? in the area, but cited the pending sequestration cuts as the reason the Navy sent Panetta the request.

?This prudent decision enables the U.S. Navy to maintain these ships to deploy on short notice in the event they are needed to respond to national security contingencies,? read the statement.

Revelation of the cutbacks comes the same day as news that Panetta is recommending military pay increases be limited to one percent in 2014. Uniformed military will still get a raise, but it will be much smaller ?to reflect the difficult budget decisions? facing the department, a defense official told NBC News.

At a speech Wednesday, the outgoing secretary of defense warned that the budget battles in Washington are putting America at risk. ?

?The Department of Defense and other agencies across government have been living under a serious shadow -- the shadow of sequestration ... Today, with another trigger for sequestration approaching on March 1st, the Department of Defense is facing the most serious readiness crisis in over a decade,? he said to a crowd at Georgetown University.

?Make no mistake, if these cuts happen there will be a serious disruption in defense programs and a sharp decline in military readiness,? Panetta said in his speech Wednesday.

?We have begun an all-out effort to plan for how to operate under such a scenario, but it is already clear that no good options exist.?

On Tuesday, President Obama called on Congress to pass ?a small package of spending cuts and tax reforms? to avoid the automated cuts set to kick in at the beginning of next month.

Republican Sens. John McCain and Kelly Ayotte ? who have toured the country warning that sequestration cuts could put U.S. national defense at risk ? responded on Wednesday by introducing a bill that would avoid cuts by slashing the federal workforce by 10 percent.?

Additional reporting from Courtney Kube

Source: http://usnews.nbcnews.com/_news/2013/02/06/16873226-navy-to-pull-aircraft-carrier-from-persian-gulf-over-budget-worries?lite

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Time Warner 4Q earnings up, raises dividend 11 pct

FILE - In this Tuesday, July 10, 2012 file photo, Time Warner CEO Jeff Bewkes arrives at the Allen & Company Sun Valley Conference in Sun Valley, Idaho. Time Warner reports their fourth quarter 2012 earnings on Wednesday, Feb. 6, 2013. (AP Photo/Paul Sakluma, File)

FILE - In this Tuesday, July 10, 2012 file photo, Time Warner CEO Jeff Bewkes arrives at the Allen & Company Sun Valley Conference in Sun Valley, Idaho. Time Warner reports their fourth quarter 2012 earnings on Wednesday, Feb. 6, 2013. (AP Photo/Paul Sakluma, File)

(AP) ? Time Warner Inc. said Wednesday that net income grew 51 percent in the last three months of 2012 even as revenue was largely unchanged. Rising fees from cable and satellite companies and higher ad revenue at the TV networks offset revenue declines at the movie studio and magazine businesses.

The television business drove the quarter's performance as revenue there grew 5 percent, offsetting declines elsewhere. The Warner Bros. studio business had a weaker release lineup in the most recent quarter, though it managed to report an operating profit with expense reductions. The Time Inc. magazine business, the smallest of the three, has announced layoffs to reflect reduced demand for print editions.

Time Warner said net income was $1.17 billion, or $1.21 a share, for the fourth quarter, up from $773 million, or 76 cents a share, a year earlier.

Adjusted for one-time items, earnings came to $1.17 per share. That beat the $1.10 per share that analysts surveyed by FactSet expected.

Revenue edged down to $8.16 billion from $8.19 billion a year ago. Analysts expected revenue of $8.22 billion.

Time Warner also said Wednesday that it is raising its quarterly dividend by 11 percent to 28.75 cents per share. It's payable March 15 to shareholders of record as of Feb. 28. It also said the company's board has authorized $4 billion in stock buybacks, which tend to increase the stock price for remaining shareholders. The new authorization replaces prior buyback plans, which resulted in $3.5 billion in buybacks from Jan. 1, 2012, to Feb. 1, 2013.

Time Warner's stock increased $1.42, or 2.8 percent, to $51.38 in premarket trading about a quarter-hour ahead of the market opening.

Time Warner is estimating $60 million in charges this year related to an announced layoff of about 500 employees at the magazine business, or about 6 percent of the division's global staff of 8,000. The company has been trying to cut costs to reflect decreases in revenue and the need to invest in more ways to deliver content on multiple platforms and devices.

In the fourth quarter, revenue at Time Warner's TV business grew 5 percent to $3.7 billion.

That business has gotten stronger in recent years as U.S. cable and satellite operators have been paying more to carry channels such as TNT, TBS and CNN on their lineups. The company also had more U.S. subscribers for the HBO premium channels and saw growth internationally across the TV business, despite unfavorable currency-exchange rates. Revenue from those distributor and subscription fees rose 7 percent.

Ad revenue at the networks increased 3 percent because of better rates, more NBA games shown on Time Warner channels and increased viewership at CNN during the presidential election season. Licensing and other content revenue fell 9 percent mostly because of a shutdown of TNT operations in Turkey.

At the Warner Bros. studio business, revenue fell 4 percent to $3.7 billion, largely because of a weaker lineup. The same quarter in 2011 had revenue from the home release of the final Harry Potter movie and the video game "Batman: Arkham City." Theatrical releases of the first "Hobbit" movie and "Argo" in most recent quarter weren't enough to offset those declines. But operating income increased 29 percent to $552 million partly because of lower marketing and other expenses from the timing of movie releases.

The Time Inc. magazine business saw revenue fall 7 percent to $967 million as ad revenue fell and the company no longer had money from a school fundraising business sold in early 2012. Subscription revenue was flat.

The company expects 2013 adjusted earnings to be up in the low double-digit percentage, an estimate that reflects the anticipated restructuring charges at Time Inc. It was $3.28 per share in 2013, meaning the projected range is $3.61 to $3.77. Analysts had expected earnings of $3.66 per share for 2013.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-02-06-Earns-Time%20Warner/id-20baab1fb3494e0e87276674b24f01fc

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Israel Faces Increasing Danger As Assad Weakens - Business Insider

In July 2011 Israeli President Shimon Peres said that "Assad must go."

But Syria's southern neighbor is facing an increasingly dangerous situation on its borders as the rule of Syrian President Bashar al-Assad weakens.

?Israel will miss the Assads,? a veteran intelligence source told The London Times. In reference to keeping peace in the Israeli-occupied Golan Heights he added: ?The Assads, father and son, were very nasty people. But with them, we knew that a promise was a promise, and an agreement was solid as the boulders of Mount Hermon.?

As the Syrian civil war continues into its 23rd month, Israel is considering creating a buffer zone reaching up to 10 miles inside Syria to secure the 47-mile border against the threat of Islamic radicals in the area.

Ranaan Gissin, who served as senior advisor to Israel?s former Prime Minister Ariel Sharon, upped the ante when he?told Al-Arabiya that "Revolutionary Guards [IRGC] from Iran, Hezbollah and other global jihads groups are taking control over some parts of the border" as Assad deploys his resources elsewhere.

Israel has already deployed a third Iron Dome missile defense system near its northern borders, strengthened its border fence while upgrading intelligence-gathering capabilities in the area, and bombed a Syrian military facility near Damascus.

The strike was partly meant to deter Hezbollah?the powerful Shiite group against which Israel fought a devastating 2006 war?from acquiring sophisticated antiaircraft and chemical weapons?from Assad.

Despite the increasing danger, Israel is not about to switch sides in the conflict.

Officials told UPI and The Times of London that Israel is considering further airstrikes in the area, including one on an Iranian electronic listening post in the Golan Heights.

At the end of the day, Israel wants to see Assad fall because it would weaken Iran.

"There is no doubt that the very falling of this central link in the Iranian array is a blow to Iran and Hezbollah, and something Iran is doing everything to prevent," a senior security official told Agence France-Press.

In August?an IRGC member?told The Wall Street Journal the Quds force?the foreign operations arm of the IRGC?is sending soldiers to Syria because "fighting for Syria is an integral part of keeping the Shiite Crescent intact," referring to the geographical link between Shiites from Iran, Iraq, Lebanon and Syria.

SEE ALSO: Israel's Strike On Syria Was A Brilliant Tactical Move

Source: http://www.businessinsider.com/israel-faces-increasing-danger-as-assad-weakens-2013-2

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