Monday, November 14, 2011

Why the World May Be Running Out of Clean Water (Time.com)

Earlier this month, officials in the South Pacific island nation of Tuvalu had to confront a pretty dire problem: they were running out of water. Due to a severe and lasting drought, water reserves in this country of 11,000 people had dwindled to just a few days' worth. Climate change plays a role here: as sea levels rose, Tuvalu's groundwater became increasingly saline and undrinkable, leaving the island dependent on rainwater. But now a La Ni?a?influenced drought has severely curtailed rainfall, leaving Tuvalu dry as a bone. "This situation is bad," Pusinelli Laafai, Tuvalu's permanent secretary of home affairs, told the Associated Press earlier this month. "It's really bad."

So far Tuvalu has been bailed out by its neighbors Australia and New Zealand, which have donated rehydration packets and desalination equipment. But the archipelago's water woes are just beginning ? and it's far from the only part of the world facing a big dry. Other island nations like the Maldives and Kiribati will see their groundwater spoil as sea levels rise. Texas, along with much of the American Southwest, is in the grip of a truly record-breaking drought ? even after days of storms in the past month, Houston's total 2011 rainfall is still short of its yearly average by a whopping 2 ft., or 60 cm. Australia has experienced severely dry weather for so long, it's not even clear whether the country is in a state of drought, or more worryingly, a new and permanent dry climate that could forever alter life Down Under. "Climate-change impacts on water resources continue to appear in the form of growing influence on the severity and intensity of extreme events," says Peter Gleick, one of the foremost water experts in the U.S. and head of the Pacific Institute, an NGO based in Oakland, Calif., that focuses on global water issues. "Australia's recent extraordinary extreme drought should be an eye-opener for the rest of us." (See photos of the world's water crisis.)

Volume 7 of the Pacific Institute's regular report on global water usage, The World's Water, comes out today, just in time to address the squeeze of droughts, the increasingly apparent impact of climate change and the threats facing our relatively scarce supplies of freshwater. The sweeping report is a reminder that clean water is vital to life ? as Gleick points out, more than 2 million people die each year from preventable water-related diseases ? and that on the whole, we're not doing a very good job of husbanding that resource. There's even a risk here that parts of the U.S., especially the arid West, may have passed "peak water" ? the point at which it becomes essentially impossible to increase supply.

Potential water shortages are one more reason to try to reduce carbon emissions and blunt the worst impacts of climate change ? a warmer world is likely to further dry out already arid regions, even as extreme rainfall intensifies in already wet areas. But however severe the effects of climate change become, we're going to need to use water much more efficiently than we do now: the world's population is expected to pass the 7 billion mark by the end of this month, and more people will need more water. "New thinking about solutions and sustainable water planning and management, better data, case studies and efforts to raise awareness, are all needed," Gleick writes in The World's Water.(Read about radioactive water in Japan.)

Smarter water policy might mean rethinking other fields of resource use. Take, for example, natural gas drilling. Hydraulic fracturing has vastly increased American supplies of natural gas, which is good for gas companies and, because natural gas generally has a greener footprint, potentially good for the environment as well. But fracking requires a significant amount of water ? up to 5 million gal. (19 million L) per well. That might not be a major problem in a relatively wet state like Pennsylvania, but in bone-dry states like Texas, water-intensive fracking has sparked a backlash. There's also the uncertain risk of water contamination from fracking and drilling, and the problem of water waste. "The rapid expansion of the use of hydraulic fracturing to increase natural gas production has serious potential consequences for local water resources," says Gleick. It's important that "more effort be put into both understanding the real risks and protecting water resources before pushing for accelerated programs of natural gas production."

What we need most of all is a rethink of how we deal with water and a recognition of just how valuable it is ? especially in a warming world. That means focusing on modulating demand as much as increasing supply. Through most of the 20th century, governments dealt with water problems through massive construction projects designed to expand and regulate supply ? think the Hoover Dam near Las Vegas or the Three Gorges Dam in China.

But the era of those big projects may be ending, largely because we've begun to recognize the environmental problems that come with major dams, including the loss of aquatic wildlife and the displacement of local populations. Last month Burma's military government ? not ordinarily responsive to public opinion ? canceled a planned $3.6 billion Chinese-backed hydroelectric dam that would have displaced thousands of villagers. Just as we've recognized that energy efficiency is often the fastest and cheapest way to address carbon emissions, there's much that can be done to curb water waste. We need to "adopt 21st century strategies of new forms of sustainable water supply, rethink water demand and efficiency of use, and [embrace] smart use of pricing and economics," says Gleick. The alternative could mean ending up like poor Tuvalu ? high and dry.

Read about how people in Tucson, Ariz., are saving water.

See photos of the politics of water in Central Asia.

View this article on Time.com

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Source: http://us.rd.yahoo.com/dailynews/rss/environment/*http%3A//news.yahoo.com/s/time/20111111/hl_time/08599209715900

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Sunday, November 13, 2011

Ukraine files new charges against Tymoshenko (AP)

KIEV, Ukraine ? Ukraine has filed new criminal charges against imprisoned former Prime Minister Yulia Tymoshenko, defying Western pressure to release her.

The State Tax Service said Friday it charged Tymoshenko with concealing $165 million worth of foreign currency revenues, and embezzling and evading taxes worth $5.8 million while she headed an energy company in the mid-1990s. Tymoshenko's office rejects the charges.

Tymoshenko, Ukraine's top opposition leader, was sentenced to seven years in prison last month on charges of overstepping her authority while negotiating a natural gas import contract with Russia in 2009. The U.S. and the West have condemned the verdict as politically motivated.

Tymoshenko is the subject of at least three other criminal investigations.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20111111/ap_on_re_eu/eu_ukraine_tymoshenko

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Tales from the crypt

Friday, November 11, 2011

The lining of the intestine regenerates itself every few days as compared to say red blood cells that turn over every four months. The cells that help to absorb food and liquid that humans consume are constantly being produced. The various cell types that do this come from stem cells that reside deep in the inner recesses of the accordion-like folds of the intestines, called villi and crypts.

But exactly where the most important stem cell type is located -- and how to identify it -- has been something of a mystery. In fact, two types of intestinal stem cells have been proposed to exist but the relationship between them has been unclear. One type of stem cell divides slowly and resides at the sides of intestinal crypts. The other divides much more quickly and resides at the bottom of the crypts.

Some researchers have been proponents of one type of stem cell or the other as the "true" intestinal stem cell. Recent work published this week in Science from the lab of Jonathan Epstein, MD, chairman of the Department of Cell and Developmental Biology from the Perelman School of Medicine at the University of Pennsylvania, may reconcile this controversy. The findings suggest that these two types of stem cells are related. In fact, each can produce the other, which surprised the researchers.

"We actually began our studies by looking at stem cells in the heart and other organs," Epstein said. "In other tissues in the body, slowly dividing cells can sometimes give rise to more rapidly dividing stem cells that are called to action when tissue regeneration is required. Our finding that this can happen in reverse in the intestine was not expected."

The discovery that rapidly cycling gut stem cells can regenerate the quiescent stem cells -- slowly dividing and probably long-lived -- suggests that the developmental pathways in human organs that regenerate quickly like in the gut, skin, blood, and bone, may be more flexible than previously appreciated.

"This better appreciation and understanding may help us learn how to promote the regeneration of tissue-specific adult stem cells that could subsequently help with tissue regeneration," says Epstein. "It may also help us to understand the cell types that give rise to cancer in the colon and stomach."

###

University of Pennsylvania School of Medicine: http://www.uphs.upenn.edu/news/

Thanks to University of Pennsylvania School of Medicine for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/115134/Tales_from_the_crypt

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Saturday, November 12, 2011

Earnings Scorecard: L-3 Communications - Zacks.com

L-3 Communications Holdings Inc. (LLL - Analyst Report) reported better-than-expected third quarter 2011 results on October 28, 2011. In the quarter, the company reported diluted earnings per share of $2.24, comfortably surpassing the Zacks Consensus Estimate of $2.15 and the year-ago quarterly earnings of $2.07 per share.

In the paragraphs that follow, we cover the recent earnings announcement, subsequent analysts? estimate revisions as well as the Zacks Rank and long-term recommendation for the stock.

Third Quarter Highlights

L-3 Communications? quarterly net sales fell by 1.3% year over year to $3.8 billion, and also missed the Zacks Consensus Estimate by $59 million. Sales performance reflects areas of competitive strength as well as a challenging defense budget environment.

Sales growth from the Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C3ISR) and Electronic Systems segments was offset by lower sales from the Government Services and Aircraft Modernization and Maintenance (AM&M) business wings.

L-3 Communications? Operating income decreased by 7.1% year over year to $406 million. Operating margin contracted 70 basis points to 10.7%. Lower operating margins in the Government Services and Electronic Systems segments were partially countered by higher operating margins for the C3ISR and AM&M segments. Net income also decreased by $3 million year over year to $235 million.

(Read our full coverage on this earnings report: L-3 EPS Beats, Ups View)

Agreement of Analysts

L-3 Communications, following the earnings release, witnessed mixed estimate revision trends for the short and the long term. Over the past month, only 2 analysts (out of 15) revised estimates positively for the ongoing quarter, while 11 revised their estimates downward. The pessimism stems from increased budgetary pressure and funding delays for major contracts like the Joint Cargo Aircraft order.

However the trend reverses from the standpoint of market perception for the company performance evaluated over the whole ongoing fiscal. Over the past month, 11 out of 15 analysts revised their estimates upward for fiscal 2011, with only 2 downward revisions.

Such an upward revision clearly depicts the analysts? optimism about deft handling of its ongoing spin-off of a part of it?s existing Government Services segment. The new public company will be named as Engility and will be a leader in Systems Engineering and Technical Assistance (SETA), Training and Operational Support services for the Department of Defense (DoD) and other U.S. Government agencies, as well as civil and international customers. The transaction is slated to finish in mid-2012.

Currently, the Zacks Consensus EPS Estimate for the fourth quarter of 2011 is pegged at $2.45 per share with a projected annual growth of 3.40%. Similarly, for fiscal 2011, the current Zacks Consensus EPS Estimate of $8.79 per share reflects a year-over-year gain of 5.36%.

Magnitude of Estimate Revisions

Mixed market perceptions for L-3 Communications? fortunes for the short term and long term are also reflected in the magnitude of estimate revisions. Near-term road bumps due to lower revenue from major programs led the downtrend for the Zacks Consensus Estimates going forward. The magnitude of revisions from the past month resulted in estimates moving down by five cents to $2.45 for the ongoing quarter.

On the other hand, the current Zacks Consensus Estimates for fiscal 2011 is $8.79. Over the last month, estimates have jumped up by 7 cents fuelled by lower pension headwinds and steady move towards separation of a part of its Government Services segment which in the third quarter reported lower numbers.

Our Take

L-3 Communications stands out among pure defense players by virtue of its non-platform focus, broad diversification of programs, strong order bookings and funded order backlog of $11.5 billion versus $11.1 billion at fiscal end-2010.

Revenue and earnings growth continues to be driven by its strong presence in the current focus areas of C3ISR equipment, precision-guided weapons, unmanned aerial vehicles (UAVs), and other electro-mechanical robotic capabilities, networked information technologies, special operations forces and missile defense.

L-3 Communications? strong balance sheet provides financial flexibility in matters of incremental dividend, ongoing share repurchase and earnings accretive acquisitions. As of third quarter-end of 2011, the company had a low long-term debt-to-capitalization of 37.4% (Zacks industry average was 42.4%) with a total long-term debt of $4.1 billion, along with cash holdings of $538 million and an unutilized credit facility close to $990 million.

L-3 Communications? topline is spread over a large number of contracts in process. In fiscal 2010, its largest contract in terms of annual sales was the Army Fleet Support contract with the U.S. Army Aviation and Missile Command, which accounted for only 3% of its sales. A diversified revenue base insulates the financial performance of the company from any contract-specific risk.

L-3 Communications? presently retains a short-term Zacks #3 Rank, which translates into a short-term Hold rating. We have a long-term Neutral recommendation on the stock. In-lieu of the uncertainty in the movement of the defense budget the sideways stance is consistent with its peers like Raytheon Company (RTN - Analyst Report) and FLIR Systems, Inc. (FLIR - Analyst Report).

About Earnings Estimate Scorecard

Len Zacks, PhD in mathematics from MIT, proved over 30 years ago that earnings estimate revisions are the most powerful force impacting stock prices. He turned this ground breaking discovery into two of the most celebrating stock rating systems in use today. The Zacks Rank for stock trading in a 1 to 3 month time horizon and the Zacks Recommendation for long-term investing (6+ months). These ?Earnings Estimate Scorecard? articles help analyze the important aspects of estimate revisions for each stock after their quarterly earnings announcements. Learn more about earnings estimates and our proven stock ratings at: http://www.zacks.com/education/

Read the full analyst report on LLL

Read the full analyst report on FLIR

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Source: http://www.zacks.com/stock/news/64439/Earnings+Scorecard%3A+L-3+Communications

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Friday, November 11, 2011

Calories Depend on Food Preparation

60-Second Science60-Second Science | More Science

Mice gained more weight eating cooked food than raw food, indicating that preparing the food gives it a higher effective energy value. Sophie Bushwick reports

More 60-Second Science

Food is the body?s fuel. Now a study finds that the amount of energy in that fuel can depend not just on its calorie content?but on how it?s prepared. And the research, published in the Proceedings of the National Academy of Sciences, could explain an ancient leap in human evolution. [Rachel N. Carmody, Gil S. Weintraub and Richard W. Wrangham, "Energetic consequences of thermal and nonthermal food processing"]

Food?s energy value is usually measured before consumption. But Harvard scientists fed two groups of mice either meat or sweet potatoes and prepared the items differently: either whole or pounded, raw or cooked?to create a variety of diets.

The researchers then measured the mice. They found that pounded meat and potatoes caused more weight gain than raw food. And that cooking increased weight the most.

The extra calories cooking makes available may have allowed the survival of humans with larger bodies and more complex brains, starting almost two million years ago. Those physical changes required more energy, and exposing food to fire may have provided that boost.

Of course, a legacy of evolution is that modern humans often gain too much weight. Which might be called a raw deal.

?Sophie Bushwick

[The above text is a transcript of this podcast.]


Source: http://rss.sciam.com/click.phdo?i=e3b591e30566b70ccbf6ebaf2a94f57a

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Poll finds more boomers working past retirement

Susan Webb and her husband Bob hold their dog Max in their West Liberty, Iowa, home, Wednesday, Nov. 9, 2011. An Associated Press-LifeGoesStrong.com poll finds a baby boom generation planning to work into retirement years _ with 73 percent planning to work past retirement, up from 67 percent this spring. (AP Photo/Charlie Neibergall)

Susan Webb and her husband Bob hold their dog Max in their West Liberty, Iowa, home, Wednesday, Nov. 9, 2011. An Associated Press-LifeGoesStrong.com poll finds a baby boom generation planning to work into retirement years _ with 73 percent planning to work past retirement, up from 67 percent this spring. (AP Photo/Charlie Neibergall)

Susan Webb stands in the living room of her West Liberty, Iowa, home, Wednesday, Nov. 9, 2011. An Associated Press-LifeGoesStrong.com poll finds a baby boom generation planning to work into retirement years _ with 73 percent planning to work past retirement, up from 67 percent this spring. Webb, 63, one of the 77 million boomers born between 1946 and 1964, had long hoped to retire at 65 from her job as a real estate broker. Not anymore, not since the economic downturn that led to depressed housing prices, wild stock market swings and an unemployment rate hovering at or above 9 percent for all but two months since May 2009. (AP Photo/Charlie Neibergall)

(AP) ? So much for kicking back at the lake house, long afternoons of golf or pretty much anything baby boomers had dreamed about in retirement. For many, the plan now calls for logging more hours at the office and renewed worries about money, according to a new poll.

The Associated Press-LifeGoesStrong.com poll found a baby boom generation planning to work into retirement years ? with 73 percent planning to work past retirement, up from 67 percent this spring.

A majority of boomers also are shaky about their nest eggs.

In all, 53 percent of boomers polled said they do not feel confident they'll be able to afford a comfortable retirement. That's up from 44 percent who were concerned about retirement finances in March.

"I'm not confident at all," says 63-year-old Susan Webb of West Liberty, Iowa.

Webb ? one of the 77 million boomers born between 1946 and 1964 ? had long hoped to retire at 65 from her job as a real estate broker. Not anymore, not since the economic downturn that led to depressed housing prices, wild stock market swings and an unemployment rate hovering at or above 9 percent for all but two months since May 2009.

Webb and her husband, who's 67, are both still working full time. They hope to ratchet back to part time at some point, but plans for a scenic lake house where they can go fishing and spend time with their two grandchildren will likely mean selling their current home ? not part of the original plan.

At 50, Cheri Hubbs of Norfolk, Va., is on the younger side of the boomer spectrum. Even so, she knows she'll work in retirement.

"I just feel like I'm going to work until the day I die," says Hubbs, an administrative assistant.

Hubbs had little saved for retirement when she went to see a financial planner a few years ago. Now, she and her husband are socking away as much money as they can. She's also cut back drastically on her little luxuries ? trips to the nail salon and Starbucks.

In the poll, 41 percent of boomers said they are expecting to have to scale back their lifestyle in some way in retirement and 31 percent believe they will struggle financially.

Retirement expert Olivia Mitchell says working longer and cutting back are two practical ways for boomers to save more.

"It's a kind of downscaled consumer society that I see in the next five years at least," said Mitchell, a professor at the University of Pennsylvania's Wharton School and executive director of the Pension Research Council. "Consume less and tighten the belt."

Downsizing is part of the plan for software designer Greg Schmidt of Carlisle, Mass.

Schmidt, 53, says there's no doubt he'll be working longer, likely into his 70s. With a daughter in high school and twin 12-year-old boys, he's got college tuitions to worry about as well as an aging father and father-in-law.

He plans one day to move to a smaller home, maybe in the mountains of Vermont. Almost one-quarter of boomers in the poll ? 23 percent ? said retirement will mean they'll have to move.

For Schmidt, the stock market is another source of anxiety.

"I am most concerned that we're going to be entering a different time and equities aren't quite as valued," he said. "I am afraid I'm a little heavy into equities."

The span between the two AP-LifeGoesStrong.com polls coincided with a 10 percent drop in the Dow Jones industrial average, which recovered most of those losses by climbing this week to above 12,000 before plunging again Wednesday amid concerns about Europe's debt crisis.

In all, 62 percent of the boomers polled lost money on at least one of four core parts of retirement savings:

?A workplace retirement savings plan, 42 percent.

?Personal investments outside of an IRA/workplace savings, 41 percent.

?An IRA (individual retirement account), 32 percent.

?Real estate, 29 percent.

The AP-LifeGoesStrong.com poll was conducted Oct. 5-12 by Knowledge Networks of Palo Alto, Calif. It involved online interviews with 1,095 baby boomers, as well as companion interviews with an additional 315 adults of other age groups. The survey has a margin of sampling error of plus or minus 3.6 percentage points for baby boomers and 4.8 percentage points for all adults.

Knowledge Networks used traditional telephone and mail sampling methods to randomly recruit respondents. People selected who had no Internet access were given it for free.

___

AP Polling Director Trevor Tompson, Deputy Polling Director Jennifer Agiesta and News Survey Specialist Dennis Junius contributed to this report.

___

Online:

Poll results: http://surveys.ap.org

LifeGoesStrong.com: http://family.lifegoesstrong.com/bad-economics-midlifers-push-back-their-retirement-date-again

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-11-10-US-Aging-America-Delayed-Retirement/id-2def2c293ee94b7d9366eabdadc72620

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Thursday, November 10, 2011

Web portal Sina posts $336 million quarterly loss (AP)

BEIJING ? Sina Corp., a popular Chinese web portal operator, sank to a loss in the latest quarter due to writedowns on investments in two online businesses but revenues and microblog traffic were up.

The Beijing-based company said Wednesday it lost $336.3 million for the three months ended Sept. 30, or $5.10 per share. Revenue rose 20 percent from a year earlier to $130.3 million.

Sina said most of the loss was due to its decision to write down the value of investments in China Real Estate Information Corp. and online clothing retailer Mecox Lane Ltd. by a total of $281.2 million.

Advertising revenue rose 25 percent to $101 million.

Sina's popular microblog, Weibo.com, has seen "rapid growth of new users," CEO Charles Chao said in a statement. He gave no details.

"Our focus now turns to adding more social networking features to Weibo to increase user stickiness," Chao said.

China has the world's most populous Internet market with more than 485 million people online as of the end of June.

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Sina Corp.: http://www.sina.com

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/ap/20111109/ap_on_hi_te/as_tec_china_earns_sina

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