Geo News 28th May 2012 - Latest Geo updates 28th May 2012 Live
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RAWALPINDI: Pakistan Tehrik-e-Insaf (PTI) leader and former foreign minister Shah Mehmood Qureshi Sunday said that countrymen wanted salvation from the corrupt government of President Asif Ali Zardari, Geo News reported.
Speaking at the PTI rally in Rrawalpindi, he said that people had rejected this regime and the public of this republic would vote them out soon.
He said that only PTI could change the fate of this oppressed nation.
“Our landmark manifesto will turnaround the lives of the masses all together”, he said.
He said people were losing sleep worrying about whether the upcoming budget would add to the inflation. Masses need relief, they could not take it anymore, Qureshi added.
“Inflation is skyrocketing every year without a letup, people desperately need a break, which only PTI will give them as soon as it comes to power ”, he said.
RAWALPINDI: Pakistan Tehreek-e-Insaf Chief Imran Khan Sunday said his party was going to file a petition tomorrow in the Supreme Court against National Assembly Speaker Dr. Fehmida Mirza's ruling on Prime Minister Gilani's conviction by the apex court.
Addressing a massive public meeting here, Imran Khan said Gilani was no longer a prime minister of the country on moral grounds and that people would come out on streets against the those who were trying to destroy the Supreme Court for protecting their corruption.
"PTI will install a system of justice in the country just the way our Holy Prophet (PBUH), the greatest leader of Muslims, did as a first step to bring an end to atrocities," Imran Khan promised the charged crowd waving PTI flags.
The PTI chief during his speech punctuated with briefly played party songs, said the days of cruelties were numbered as his party was on its way to rebuilding a new corruption-free Pakistan where law and justice would prevail.
He said no investment was not flowing to Pakistan because of bad governance, rampant corruption and theft and promised that PTI would get the overseas Pakistanis to invest in the country.
"PTI will improve governance to pave way for investment to come to the country," Imran Khan said.
He regretted that people of Pakistan had to pay for power theft by buying expensive electricity and promised to end price hike after coming to power.
LONDON: WikiLeaks founder Julian Assange will find out on Wednesday whether he can be extradited from Britain to Sweden, as the Supreme Court hands down its judgement at the end of a marathon legal battle.
Britain's highest court is Assange's final avenue of appeal under UK law, having been detained in December 2010 on a European arrest warrant. He is wanted in Sweden for questioning over allegations of rape and sexual assault.
Since then, the 40-year-old Australian has been through round upon round of legal battles, culminating in what will be a short ruling at the Supreme Court in central London.
The judgment, expected to take around 10 minutes, will be handed down at 9:15am (0815 GMT) Wednesday, streamed on the Sky News website and published online once delivered.
Assange will have been living under restrictions on his movement for 540 days when the verdict is handed down.
Assange's case rests on a single point -- that the Swedish prosecutor who issued a warrant for his arrest was not a valid judicial authority.
The Supreme Court president will give a summary of the point of law raised by the appeal, the court's decision, and a brief explanation of its rationale.
A lower court in Britain initially approved Assange's extradition to Sweden in February 2011. An appeal to the High Court was rejected in November, but he subsequently won permission to appeal to the Supreme Court.
If that court rejects his appeal, Assange will have exhausted all his options in Britain but he could still make a last-ditch appeal to the European Court of Human Rights in Strasbourg, France.
Assange has said he fears his extradition would eventually lead to his transfer to the United States, where US soldier Bradley Manning is facing a court-martial over accusations that he handed documents to the anti-secrecy website WikiLeaks.
On May 23, Assange attended a screening in London wearing a Kevlar Guy Fawkes mask.
"This may be my last time in public, so I thought I should start with a situation where you won't be able to see me anymore," he explained.
Assange added: "I think all of us are at our best when we are pursuing an ideal that we find to be important to ourselves and important to others.
"I feel that I have made my days count, so I certainly would not want to exchange days that can be counted for days that cannot."
The Supreme Court is the final court of appeal in Britain for civil cases. It hears appeals in criminal cases from England, Wales and Northern Ireland. It also hears cases of the greatest public or constitutional importance affecting the whole population. (AFP)
MUMBAI: At least 26 people were killed and 27 others injured when a speeding tempo rammed into a stationary bus at Khalapur on Mumbai-Pune expressway around midnight.
The victims, which included four minors, were part a marriage party, said Raosahib Shinde, Superintendent of Police, Raigad.
Some of the injured were admitted to MGM hospital at Panvel near Mumbai while others were rushed to Sassoon hospital in Pune.
NEW DELHI: India will pay USD 13 per million British thermal unit (MMBTU) for buying natural gas through the much-celebrated Tapi gas pipeline and will take indirect responsibility for safe transit of the fuel through high security risk areas in Afghanistan and Pakistan.
India on May 23 signed agreement to buy natural gas from Turkmenistan at a rate equivalent to 55% of crude oil price which, at USD 100 a barrel, translates into USD 9.17 per MMBTU, sources privy to the development said.
After adding transit fee and transportation charges, the gas through Turkmenistan-Afghanistan-Pakistan-India (TAPI) line would cost USD 12.99 per MMBTU at Indian border, three times the price paid to ONGC and Reliance Industries for producing natural gas from domestic fields, they said.
The rate agreed to flies in the face of oil ministry which has been stonewalling any increase in price to be paid to domestic producers arguing that a higher gas price would lead to an increase in power tariff and cost of fertiliser, thereby entailing higher government subsidy outgo, they added.
Besides the higher price, India has also in the Gas Sales and Purchase Agreement (GSPA) signed in Caspian Sea resort of Avaza, Turkmenistan agreed to take delivery of natural gas at Turkmen-Aghan border.
State-run gas utility GAIL India, which signed the GSPA, will then entrust the delivery of the gas to a consortium which will operate the TAPI pipeline, they said, adding that GAIL will be a prominent member of the consortium building and operating the 1,680-km line.
Sources said GAIL will pay Turkmengaz, the national oil company of Turkmenistan, on delivery of gas at Turkmen-Afghan border. Thereafter, the consortium which will have GAIL as partner, will take responsibility for transit of the gas through Afghanistan -- one of the top high security risk countries in the world, and terrorism hotbed in the region.
The safe transit of gas through 735-km stretch of the pipeline in Herat and Kandahar province of Afghanistan had a slim fighting chance in the past decade as Nato was still in the nation once ruled by Taliban.
The western troops’ pullout by 2014 from the still volatile Afghanistan has put a question mark on safe transit, the sources said.
TAPI pipeline is nearly 1,680-km long and the transit length in Afghanistan is 735 kilometres and in Pakistan is nearly 800 km or more. The 56-inch diameter pipeline is expected to cost USD 7.6 billion.
It will run from Turkmenistan's Yoloten-Osman gas field to Herat and Kandahar province of Afghanistan, before entering Pakistan. In Pakistan, it will reach Multan via Quetta before ending at Fazilka (Punjab) in India.
Turkmenistan would export 90 million standard cubic meters per day of gas through Tapi, with Afghanistan getting 14 mmscmd and India and Pakistan 38 mmscmd each.
The gas will be sourced from the Yoloten Usman field, which ranks among the five biggest fields in the world. The field is being developed by Turkmensitan national oil firm Turkmen Gas.
Meanwhile, on pricing, Minister of State for Petroleum and Natural Gas R P N Singh had on May 22 told the Rajya Sabha that Oil and Natural Gas Corp (ONGC) has stated that its Krishna Godavari basin deepsea gas find is not viable at a rate less than USD 5.2 per mmBtu.
ONGC's UD-1 find in block KG-DWN-98/2 sits next to Reliance Industries' KG-DWN-98/3 or KG-D6 block for which the government has fixed USD 4.205 per mmBtu as gas price.
Sources said if domestic producers are paid a higher price, the government gains most by way of higher royalty and taxes and profit petroleum it would earn.
NEW YORK: The horrendous stock market debut for Facebook suggests investors are not ready to jump in and create another tech bubble despite big expectations for social media, analysts say.
Facebook closed out its first full week of trade with a loss of 16 percent from its offering price of $38, in a huge disappointment after a much-hyped initial public offering worth $16 billion, the biggest for a tech firm.
The stock failed to live up to the anticipation of some who thought investors would be stampeding to get a piece of the network which has 900 million users.
"When you see Facebook share prices tank, it does get people back on to a more foundational basis, in terms of real revenues, real profits," said Nick Landell-Mills at Indigo Equity Research.
Mark Heesen, president of the National Venture Capital Association, said investors are being more cautious than during the tech bubble of the late 1990s.
"This is by no means the end of social media. It is going to continue to grow and expand," he said.
But he said that during the tech bubble, "venture capitalists invested $150 billion in two years. In the last two years we invested about $60 billion. There is much, much less money in the system right now. That's critically important."
Gerard Hoberg, professor of finance at the University of Maryland, said he does not expect a new bubble, given today's market sentiment.
"I think it's very healthy and I think people learned the lessons from the 1990s," he said. "It's preventing a bubble from forming."
Facebook appeared to be the driving force in a surge into social media. But some of its social media brethren are also being watched cautiously.
Zynga, the social gaming website which has strong ties with Facebook, has lost some 35 percent, and the online deals firm Groupon has slid nearly 40 percent. But the professional social network LinkedIn has doubled in a year since its IPO.
Heesen said the mixed reaction to these IPOs has taken some of the froth out of the market.
"If Facebook languishes, that does send a signal to others (tech firms) that maybe going public is not the best option -- maybe getting acquired or trying to wait out this volatile period is better," he said.
"The whole social media arena is still ripe for investment," he added, but cautioned there will be "bumps along the road."
Landell-Mills said that even though investors appear unwilling to chase share prices, they will flock to a company that makes real profits, like Apple, up 67 percent in the past year.
"I'd never call Apple a bubble," he said.
The analyst said that Facebook still has a lofty valuation when measured by earnings, unlike some firms such as Google.
"When Google went to its IPO there were some very clear data points which suggested that it added value," he said. "With Facebook, we don't know."
But Hoberg said the market does not have the exuberance of the 1990s.
"People are not going to let a frothy stock keep going, they're pushing back," he said.
He maintained that any new IPO will have to take into account the Facebook fiasco.
"This reaction is so negative, and the underwriters are getting so much bad press that they really cannot afford to have that happen again, so they're going to take steps to underprice the next one even more just to make it so that the investment machine returns to health," he said.
CHENNAI: Kolkata Knight Riders defeated defending champions Chennai Super Kings by five wickets with two balls to spare to win become the Indian Premier League champions for the first time.here at the MA Chidambaram Stadium in Chepauk.on Sunday.
Chasing a big target of 191 runs, the Knight Riders achieved their victory in 19.4 overs after a hard contest in the final of the fifth IPL tournament.
Opener Manvinder Bisla top scored with 89 after Kolkata lost their captain Gautam Gambhir for two. He smashed five sixes and eight fours in his 48-ball innings.
He was followed by South African allrounder Jacques Kallis, who made 69 from 49 balls with seven fours and a six.
For Chennai, Australian pacer Ben Hilfenhaus claimed two wickets for 25
Earlier, Chennai Super Kings captain Mahinder Singh Dhoni won the toss and elected to bat first.
His team piled up 190 for only three wickets in the allotted 20 overs with Suresh Raina (73) and Michael Hussey (54) and Murali Vijay (42) being the main scorers.
Pakistan’s premier sports tv channel Geo Super showed all the matches of this tournament including the final live from the venues in India.
NOTTINGHAM: England captain Andrew Strauss made 141 before Tim Bresnan and Stuart Broad joined forces to give the hosts a first innings lead against the West Indies in the second Test here at Trent Bridge.
At tea on Sunday's third day, England were 428 all out in reply to West Indies' 370 -- a lead of 58 runs.
It was far less of an advantage than England would have wanted on a good batting pitch but far more than looked likely when Strauss was out with his side still behind on 363 for seven.
West Indies, who bowled well, had to suffer a frustrating eighth-wicket partnership of 53 in 92 balls between Bresnan and Broad before the latter miscued a sweep against spinner Shane Shillingford and was caught for 25.
Part-time spinner Marlon Samuels, who scored a century when West Indies batted, polished off the innings with two wickets for one run in nine balls.
Bresnan was 39 not out.
Fast bowler Ravi Rampaul led the tourists' attack with three wickets for 75 runs in 32 balls.
The West Indies took four wickets in Sunday's first session before captain Darren Sammy dismissed Strauss for his second hundred in as many matches, following the opener's 122 in a five-wicket first Test win at Lord's that gave England a 1-0 lead in this three-match series.
Strauss was 102 not out and Kevin Pietersen 72 not out at the start of Sunday's play.
But Pietersen had added just eight when he was lbw to Rampaul's inswinger.
Despite his challenge, Pietersen was out for 80, ending a third-wicket stand of 144.
The West Indies took the new ball as soon as possible with England 299 for three off 80 overs.
And it brought rewards with Kemar Roach, who'd sent down eight no-balls Saturday, getting back into his stride with two wickets for six runs in 16 balls to reduce England to 308 for five.
Fourth delivery with the new ball, Roach had Ian Bell aiming across the line, lbw for 22 although the tourists had to challenge umpire Aleem Dar's original not out verdict.
Jonathan Bairstow, in his second Test, never looked comfortable against the short ball and, trying to turn a rising Roach delivery legside, got a leading edge to mid-on and was caught by Shivnarine Chanderpaul.
This was the first time in Strauss's 21 Test hundreds -- one shy of the England record of 22 held jointly by Walter Hammond, Colin Cowdrey and Geoffrey Boycott -- the left-hander had added more than six runs when not out overnight on a century.
But the 35-year-old found runs hard to come by Sunday, managing just 39 in 98 balls including four boundaries.
He was eventually out when, trying to drive, he was caught behind off Sammy. Strauss batted for more than seven hours in total, facing 303 balls with 22 boundaries. (AFP)
RIO DE JANEIRO: Brazil's children's television show host Xuxa has revealed that the late Michael Jackson wanted to marry her.
Maria da Graga Meneghel, better known as "Xuxa," made the surprise disclosure in a television interview that shocked the country late Sunday.
"The entourage of Michael Jackson wanted him to marry, have children. They were looking for someone. I was working in Spain, they invited me to see his show several times," she told TV Globo's Sunday program Fantastico.
"Later they called me to invite me to Neverland (Jackson's ranch). He knew everything about me, he read everything about me. I had dinner with him," Xuxa said.
"And later came a proposal from his impresario asking me whether I would consider living with him because he wanted to have children, marry. They thought marriage with a person concerned about children in Latin America would be a good thing," she added.
"For me (Michael Jackson) was an idol, but from idol to something else there is a difference. My answer, obviously, was no," she noted.
The late King of Pop died suddenly on June 25, 2009 at his rented mansion in Los Angeles after an overdose of powerful prescription drugs as he was preparing to perform a series of comeback concerts in London. (AFP)
MUMBAI: Bollywood actress Shilpa Shetty gave birth to a baby boy at Hinduja Healthcare Surgical Hospital in suburban Khar this morning. Husband Raj Kundra said on Twitter: "God has blessed us with a beautiful baby boy. Both mother and baby are fine. I am thrilled to bits."
Shilpa and Raj have been married for three years, and this is the couple's first baby.
"A big thank you to my wife @TheShilpaShetty for the bestest gift ever, DR Kiran Cohelo and all the staff at Hinduja Hospital," Raj added.
Earlier, Shilpa Shetty had said that she will store her child's stem cells. "Stem cell banking gives me the peace of mind for my baby's health. By banking stem cells, my child will have more medical options in the future," Shetty had said in a statement.
The 36-year-old actress confirmed the news of her pregnancy in December 2011.
ROME: Italian doctors in March implanted the smallest ever artificial heart into a 16-month-old baby before the infant received a permanent organ donation, said the hospital that performed the operation.
"In March, the smallest artificial heart in the world was implanted at the Bambino Gesu Hospital in Rome," Antonio Amodeo, a senior hospital official, said in a statement.
"The device, a titanium pump weighing only 11 grams and that can endure a flow of up to 1.5 litres per minute, was used in an emergency case of a 16-month-old infant suffering from dilated myocardiopathy with a serious infection of the ventricular assistance device that had been implanted previously."
The artificial heart made it possible for the infant, whose identity and sex were not revealed, to survive for 13 days before the baby received a real heart transplant.
"At present, at more than one month from the surgery, the infant is in good health," the statement said. (AFP)
LONDON: Scientists have mapped the complete genetic codes of 21 breast cancers and created a catalogue of the mutations that accumulate in breast cells, raising hopes that the disease may be able to be spotted earlier and treated more effectively in future.
The research, the first of its kind, untangles the genetic history of how cancer evolves, allowing scientists to identify mutational patterns that fuel the growth of breast tumors, and start to work out the processes behind them.
"These findings have implications for our understanding of how breast cancers develop over the decades before diagnosis in adults and might help to find possible targets for improved diagnosis or therapeutic intervention in the future," said Mike Stratton, who led the research team.
Breast cancer kills more than 450,000 women a year worldwide and is the most common cancer among women, accounting for 16 percent of all cases, according to the World Health Organization (WHO).
A study last year by the Institute for Health Metrics and Evaluation in the United States found that global breast cancer cases have more than doubled in just three decades, from 641,000 cases in 1980 to 1.6 million cases in 2010 - a pace that far exceeds global population growth.
"This is the first time we've been able to delve fully into breast cancer genomes in such a thorough way," said Peter Campbell, head of cancer genetics and genomics at the Wellcome Trust Sanger Institute in Cambridge, where the studies were led.
The work had given scientists "a full panoramic view of the cancer genome" and helped them identify "mutational patterns rather than individual mutations in specific genes", he added.
"We've known for many years now that all cancers are due to abnormalities of DNA...that occur in every single cell of the body over the course of a lifetime," said Stratton.
"But although we've known that, it's remarkable how rudimentary our knowledge is about what the processes are that cause these abnormalities, these mutations in our DNA."
Stratton's team sequenced the genomes of the 21 breast cancers and catalogued all the mutations. They found five major processes that cause one letter of code to be changed to another letter. Genetic code comes in four DNA letters, A,C,G and T.
Stratton said one of the most exciting findings was that one of these processes is characterized by small pockets of massively mutated regions of the genome.
This sudden "storm" of mutations is often seen in breast cancers, he explained in an audio briefing.
While his team don't fully understand the process behind these storms, they think it may be down to components of the cell whose normal function is to edit, or mutate, DNA.
"What we believe...is that sometimes in normal cells...this stops functioning properly and over-functions. It causes too many mutations and the accumulation of those mutations pushes the cell along the line to become cancer."
The team found that these and other mutations accumulate in breast cells over many years, initially slowly, but picking up greater momentum as genetic damage builds up.
By the time the breast cancers are large enough to be diagnosed, they are made up of a number of genetically related families of cells, with one family dominating the cancer, Stratton explained.
Mark Walport, director of the Wellcome Trust which helped fund the work, said the results showed how scientists are starting to see the landscape of mutations in breast cancer "in something approaching its full complexity".
"As this work continues, we can hope to understand how breast cancer develops and thus how it might be treated more effectively," he said in a statement. (Reuters)
GEO Amazing and Interesting
TOKYO: A Japanese man astonished the people by eating 32 boiled eggs in one minute.
The 33-years old Takeru Kobayashi also holds the world record for hot dog eating for six years.
NEW DELHI: At least 430 people, mainly children, have died from an outbreak of encephalitis in a deeply neglected region of the northern Indian state of Uttar Pradesh, officials said on Saturday.
K.P. Kushwaha, chief paediatrician at the BRD Medical College in the state's hardest-hit Gorakhpur district, said it was one of the worst outbreaks of encephalitis in the impoverished region, which borders Nepal.
"The situation is grim and the epidemic is worse than previous years and with so many patients there are no empty beds at the hospital," Khuswaha said.
"We count such cases since January but most of these casualties have occurred since July."
He said more than 2,400 patients have been admitted to government hospitals in the region so far this year of which at least 430 have died.
"Until Saturday, 336 children and 94 adults have died," Kushwaha told from the overcrowded hospital where patients were lying two to a bed.
He said 262 patients were undergoing treatment in the state-run facility.
"Everyday between 30 and 40 patients are being brought in for treatment," he said.
Some 215 people, a majority of them children, succumbed to encephalitis in Gorakhpur last year while the death toll from the disease in 2005 was more than 1,400 in Uttar Pradesh.
Eastern parts of Uttar Pradesh are ravaged by encephalitis each year as malnourished children succumb to the virus, officials say.
Encephalitis causes brain inflammation and can result in brain damage. Symptoms include headaches, seizures and fever.
Health experts say 70 million children nationwide are at risk of encephalitis.
Uttar Pradesh, India's most populous state, has been struggling for years with an encephalitis prevention programme, vaccinating millions of children against the virus. (AFP)