Saudi execution: Brutal and illegal?






STORY HIGHLIGHTS


  • Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman

  • She was convicted of killing a baby of the family employing her as a housemaid

  • This was despite Nafeek's claims that the baby died in a choking accident

  • Becker says her fate "should spotlight the precarious existence of domestic workers"




Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.


(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.


Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.



Jo Becker

Jo Becker



Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia


Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.


Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).


Read more: Indonesian maid escapes execution in Saudi Arabia






Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.


When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.


It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.




Passport photo of Rizana Nafeek



Read more: Saudi woman beheaded for 'witchcraft and sorcery'


Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.


Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."


Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.


Read more: Convicted killer beheaded, put on display in Saudi Arabia


Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.


The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.


Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.


Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.


Read more: Malala, others on front lines in fight for women


The opinions expressed in this commentary are solely those of Jo Becker.






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Jazz world mourns Montreux founder “Funky Claude”






GENEVA (Reuters) – Claude Nobs, who founded the Montreux Jazz Festival nearly 50 years ago, has died after several weeks in a coma following a skiing accident, the festival said on Friday.


The Swiss impresario immortalized by rock group Deep Purple as “Funky Claude” in the song “Smoke on the Water” and who lured the biggest stars of the music world to his festival on the shores of Lake Geneva died on Thursday at the age of 76.






“He died peacefully, surrounded by family and close friends,” said a statement issued by the festival, where Mathieu Jaton assumed his duties as director earlier this week.


Nobs launched the summer festival in 1967 while working as an accountant at the Swiss resort’s tourism office. Over the years, his blend of persistence, patience and charm managed to persuade leading lights such as Miles Davis, Ray Charles, Aretha Franklin and Prince to take the stage at Montreux.


But he often had to meet their whims to coax them along.


“I got Miles a Ferrari for him to drive along the lake, Nina Simone wanted a diamond watch and we found the mineral water that Prince likes in Geneva. We always find a way,” Nobs told Reuters last April during an interview at his beloved chalet.


A former festival employee told Reuters on Friday: “He was a shy man but still managed to negotiate. That was his strength and led him to create something huge.”


Nobs fell while cross-country skiing on Christmas Eve near his chalet in Caux, overlooking Montreux, a property that he shared with his longtime partner Thierry Amsallem, who is in charge of digitalizing the festival’s archives of 5,000 hours.


Last year’s two-week festival, which attracted about 250,000 people, featured sold-out concerts by Bob Dylan, American chanteuse Lana Del Rey and British actor and musician Hugh Laurie.


A musical tribute to the people of Montreux is planned in February, in accordance with his wishes, to be followed by events in New York and London this spring, festival board president Francois Carrard told Reuters.


CHALET PARTIES


Nobs threw legendary parties at his chalet, full of vintage Wurlitzer jukeboxes, flat screen TVs and sophisticated sound equipment. Waiters delivered fine food and champagne around a pool with a breathtaking view of the Alps.


A Japanese kimono worn by Freddie Mercury, a print signed by Ron Wood of the Rolling Stones and a larger-than-life bust of Aretha Franklin were among mementoes on display.


Film director Roman Polanski stopped in on his way to see his wife Emmanuelle Seigner perform at Montreux in 2010. Days earlier he had been freed from house arrest in Gstaad after Swiss authorities said they would not extradite him to the United States to face sentencing for having unlawful sex with a 13-year-old girl in 1977.


Herbie Hancock, Van Morrison, Phil Collins and Gilberto Gil have all been regulars at the festival, whose two venues are the larger Stravinski Auditorium and more intimate Miles Davis Hall.


In the mid-1960s, after his first flight on an airplane, Nobs formed a decisive and lifetime friendship in New York with Atlantic Records executive Nesuhi Ertegun, whose father was a former ambassador of Turkey to Switzerland.


“That first time I met Nesuhi, I had no credentials, nothing, something magical happened,” Nobs recalled in his memoirs “Live! From Montreux”, first published in 2007.


Of the first edition, he wrote: “That first festival was obviously when I had to learn a massive amount extremely quickly – from how you deal with one artist arriving whilst the act from the previous night’s show still hasn’t woken up yet, let alone vacated the suite the incoming band are supposed to be going straight into.”


The Deep Purple anthem which dubbed Nobs “Funky” was written about a fire that burned down Montreux casino during a Frank Zappa concert in 1971.


Despite heart surgery some six years ago, Nobs had stayed on as festival director, a position he shared during the 1990s with American producer Quincy Jones who returns each year from Los Angeles to introduce new talent and refers to Montreux as the “Rolls-Royce of festivals”.


Nobs often joined musicians on stage, playing harmonica, sometimes accompanied by his St. Bernard dogs.


The 47th edition is scheduled for July 5-20.


(Reporting By Katharina Bart and Stephanie Nebehay; Editing by Paul Casciato)


Music News Headlines – Yahoo! News





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Fiscal Cliff Deal + Obamacare = Higher Taxes






How much will your 2013 tax bill rise as a result of the yearend deal in Congress and the Affordable Care Act? Using Tax Policy Center data and three hypothetical taxpayers, here’s a look at what’s new—and what stays the same. The figures in green represent additional taxes. Calculate your own at calculator.taxpolicycenter.org.


Businessweek.com — Top News









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RAPPEL-Sondage de BMO : La date limite de cotisation au REER est source de stress pour les Canadiens






MONTREAL, QUEBEC–(Marketwire – Jan 12, 2013) – Alors que le 1er mars, date limite de cotisation à un régime enregistré d”épargne-retraite (REER), arrive à grands pas, un sondage de BMO Groupe financier révèle que cette date butoir cause du souci à nombre de Canadiens qui ont du mal à trouver l”argent nécessaire pour faire une cotisation. Le sondage démontre toutefois que la majorité des Canadiens se sentiraient moins anxieux s”ils pouvaient changer d”approche et cotiser de plus petits montants tout au long de l”année.


Selon le sondage, alors que les trois quarts des Canadiens qui détiennent un REER ont déjà fait ou prévoient de faire une cotisation avant la date limite, 60 pour cent admettent que la date butoir est pour eux une source de stress.






Cette source de stress peut être liée au fait que presque la moitié (49 pour cent) des épargnants font une cotisation unique à leur REER en fin d”année plutôt que de cotiser de petites sommes régulièrement tout au long de l”année.


Les avantages d”un programme d”épargne continue


Lorsqu”on les sonde sur les cotisations de REER, plus de la moitié (54 pour cent) des Canadiens affirment qu”ils se sentiraient moins stressés s”ils se servaient d”un programme d”épargne continue (PEC) pour cotiser de plus petites sommes à leur REER, plus régulièrement, tout au long de l”année.


Le PEC retire automatiquement un montant déterminé d”argent du compte bancaire d”un particulier sur une base régulière et l”investit directement dans son REER. Grâce au PEC, vous permettez à votre épargne de fructifier rapidement, sans pour autant devoir fournir un effort budgétaire important chaque année. À titre d”exemple, comme la valeur des fonds d”investissement fluctue selon les conditions du marché, en investissant le même montant dans un fonds chaque mois, l”investisseur peut acheter plus d”unités de fonds lorsque le coût d”acquisition est en baisse. Le coût unitaire moyen des unités que l”investisseur paie peut ainsi s”en trouver réduit à long terme.


Une fois qu”ils se sont familiarisés avec les avantages d”un PEC, les deux tiers des Canadiens avouent qu”il est fort probable qu”ils utiliseront ce mode d”épargne à l”avenir.


« Le malaise qu”ils ressentent à l”égard de la date limite de cotisation au REER est compréhensible puisque les Canadiens ont d”autres priorités financières à gérer, comme le remboursement de leur hypothèque », indique Marlena Pospiech, directrice principale, Planification du patrimoine, BMO Groupe financier. « Mais il est possible de gérer et d”atténuer ce stress. Par exemple, en établissant un programme d”épargne continue, on peut atténuer les craintes de devoir amasser d”un coup une somme substantielle pour pouvoir cotiser à son REER avant la date limite ».


BMO offre les conseils suivants aux Canadiens pour dissiper le stress de la campagne des REER :


Profitez des offres spéciales : Recherchez les offres spéciales conçues pour vous inciter à établir un PEC. Par exemple, si vous établissez un nouveau programme d”épargne continue BMO pour les fonds d”investissement d”ici au 1er mars 2013 et que vous le conservez pendant 12 mois, votre première cotisation mensuelle sera bonifiée de 15 pour cent (jusqu”à concurrence de 150 $ ). 


Investissez vos « surplus » d”argent : Si, par bonheur, vous touchez un supplément d”argent sous forme de remboursement d”impôt, de prime au travail ou d”héritage, envisagez d”investir ce revenu ou cette manne financière imprévue directement dans votre REER à titre de placement dans votre avenir.


Prévalez-vous des avantages fiscaux : L”argent que vous cotisez à un REER est déductible de votre revenu total (dans certaines limites). Pour la plupart des gens, cotiser à un REER peut se traduire par une réduction, voire un remboursement d”impôt.


Demandez de l”aide : Adressez-vous à un professionnel financier qui pourra vous aider à élaborer un plan financier comprenant une composante retraite, dont un PEC, et à revoir vos placements régulièrement. Il pourra en outre vous indiquer si vous pourriez avoir avantage à demander un prêt REER, notamment par le biais d”une marge de crédit MargExpress REER de BMO.


Pour de plus amples renseignements sur le programme dӎpargne continue, visitez le site www.bmo.com/pec.


Les résultats indiqués proviennent d”entrevues en ligne effectuées auprès d”un échantillon aléatoire de 1 000 Canadiens âgés de 18 ans ou plus, du 23 au 27 novembre 2012. Un échantillon probabiliste de cette taille produirait une marge d”erreur de ±3,1 pour cent, 19 fois sur 20.


Marketwire News Archive – Yahoo! Finance




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Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.


The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.


Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.


An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.


"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.


"What we're looking for is demand. Demand from small business owners, from consumers."


EARNINGS AND ECONOMIC EXPECTATIONS


Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.


Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.


Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.


The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.


Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.


HOUSING, INDUSTRIAL DATA ON TAP


Next week will also feature the release of a wide range of economic data.


Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.


Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.


Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.


"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."


POLITICAL ANXIETY


Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.


The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.


Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.


The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.


"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.


The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.


"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."


(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)



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Report: Lance to admit doping in Oprah interview


AUSTIN, Texas (AP) — Lance Armstrong plans to admit to doping throughout his career during an upcoming interview with Oprah Winfrey, USA Today reported late Friday.


The interview, scheduled to be taped Monday and broadcast Thursday night on the Oprah Winfrey Network, will be conducted at Armstrong's home in Austin, Texas.


Citing an anonymous source, USA Today reported that the disgraced cyclist plans to admit using performance-enhancing drugs, but likely will not get into details of the allegations outlined in a 2012 report by the U.S. Anti-Doping Agency that led to Armstrong being stripped of his seven Tour de France titles and banned for life from the sport.


His representatives declined comment late Friday, including attorney Tim Herman, but Armstrong sent a text to the Associated Press early Saturday morning saying: "I told her (Winfrey) to go wherever she wants and I'll answer the questions directly, honestly, candidly. That's all I can say."


The New York Times first reported last week that Armstrong was considering making a confession.


The 41-year-old Armstrong, who vehemently denied doping for years, has not spoken publicly about the USADA report that cast him as the leader of a sophisticated and brazen doping program on his U.S. Postal Service teams that included use of steroids, blood boosters and illegal blood transfusions.


Winfrey's network announced Tuesday that Armstrong agreed to a "no holds barred" interview with her.


A confession to Winfrey would come at a time when some of Armstrong's legal troubles appear to be clearing up.


Any potential perjury charges stemming from his sworn testimony denying doping in a 2005 arbitration fight with a Dallas promotions company over a contract bonus worth $7.5 million have passed the statute of limitations.


Armstrong faces a whistle-blower lawsuit filed by former teammate Floyd Landis accusing him of defrauding the U.S. Postal Service, but the U.S. Department of Justice has yet to announce if it will join the case. The British newspaper The Sunday Times is suing Armstrong to recover about $500,000 it paid him to settle a libel lawsuit.


Armstrong lost most of his personal sponsorship — worth tens of millions of dollars — after USADA issued its report and he left the board of the Livestrong cancer-fighting charity he founded in 1997. He is still said to be worth an estimated $100 million.


Livestrong might be one reason to issue an apology or make a confession. The charity supports cancer patients and still faces an image problem because of its association with its famous founder.


The New York Times reported that Armstrong may make a confession in an attempt to return to competition in elite triathlon or running events, but World Anti-Doping Code rules state his lifetime ban cannot be reduced to less than eight years. WADA and U.S. Anti-Doping officials could agree to reduce the ban further depending on what new information Armstrong provides and his level of cooperation.


Armstrong met with USADA officials recently to explore a "pathway to redemption," according to a report by "60 Minutes Sports" aired Wednesday on Showtime.


Read More..

Why global labor reforms are vital






STORY HIGHLIGHTS


  • Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman

  • She was convicted of killing a baby of the family employing her as a housemaid

  • This was despite Nafeek's claims that the baby died in a choking accident

  • Becker says her fate "should spotlight the precarious existence of domestic workers"




Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.


(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.


Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.



Jo Becker

Jo Becker



Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia


Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.


Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).


Read more: Indonesian maid escapes execution in Saudi Arabia






Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.


When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.


It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.




Passport photo of Rizana Nafeek



Read more: Saudi woman beheaded for 'witchcraft and sorcery'


Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.


Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."


Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.


Read more: Convicted killer beheaded, put on display in Saudi Arabia


Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.


The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.


Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.


Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.


Read more: Malala, others on front lines in fight for women


The opinions expressed in this commentary are solely those of Jo Becker.






Read More..

‘Argo,’ ‘Silver Linings Playbook’ win at Critics Choice






(Reuters) – Ben Affleck’s Iran hostage drama “Argo,” “Lincoln” star Daniel Day-Lewis and “Zero Dark Thirty”‘s Jessica Chastain were among big winners at the Critics Choice Movie Awards on Thursday, taking honors for best picture, actor and actress, with Affleck nabbing the prize for best director.


The all-star “Silver Linings Playbook” swept the comedy awards, winning best comedy film, best comedy actor for Bradley Cooper and best comedy actress, which went to Jennifer Lawrence.






The 250-member Broadcast Film Critics Association, the largest film critics organization in the United States and Canada, also gave the film its best acting ensemble prize at the event in Santa Monica, California.


Affleck, known mostly as actor and who was overlooked for directing “Argo” earlier on Thursday when the Academy Award nominations were announced, began his acceptance with the quip: “I would like to thank the academy,” before adding “I’m kidding. This is the one that counts.”


Day-Lewis won for his acclaimed performance in the title role of Steven Spielberg’s historical drama “Lincoln,” while Chastain took the prize for “Zero Dark Thirty,” about the hunt for Osama Bin Laden.


It was one of only two awards for “Lincoln,” which led the Oscar nominations with 12. The Oscar runner-up, “Life of Pi,” won only two technical awards.


Lawrence took home two awards, also winning best actress in an action movie for “The Hunger Games.”


“Critics aren’t so bad,” she said as she accepted the award, later riffing on the line when she won her second award, for “Silver Linings Playbook,” saying “Seriously, I love critics.”


Many stars who were nominated just hours earlier for Oscars, Hollywood’s top honors, were on hand, including “Les Miserables” star Hugh Jackman, Robert De Niro and Anne Hathaway, who won the award for best supporting actress for “Les Miserables.”


Best supporting actor went to Philip Seymour Hoffman for “The Master.”


Director David O. Russell dedicated the “Silver Linings” award to his son, saying “I made it to give him hope,” adding, “That’s my silver lining.”


European director Michael Haneke’s drama “Amour,” about an aging couple struggling with failing health and mortality and which scored several major Oscar nominations on Thursday, won the award for best foreign language film.


The prize for best sci-fi/horror film went to “Looper,” while “Searching for Sugarman” won best documentary.


The screenwriting awards were won by Quentin Tarantino for his original screenplay for “Django Unchained” and Tony Kushner who adapted the screenplay for “Lincoln.”


British singer Adele’s song “Skyfall” from the James Bond film of the same name won best song, and star Daniel Craig was named best actor in a action film. The film also won best action movie.


Nine-year old Quvenzhane Wallis, star of “Beasts of the Southern Wild” who became the youngest best actress Oscar nominee in history on Thursday, was named best young actor or actress. She accepted her award clutching a pink-cased electronic device, from which she read her speech as she grinned broadly.


The awards were handed out ahead of Sunday’s Golden Globes and a slew of other award shows that narrow the field for the Oscars, which will be held on February 24.


Writer-producer-director Judd Apatow received a special “genius” award created to honor “an unprecedented demonstration of excellence in the cinematic arts.”


(Reporting by Chris Michaud; Editing by Eric Walsh)


Movies News Headlines – Yahoo! News





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TSX may open lower, markets pause after 10-month high






(Reuters) – Canada’s main stock index looked set to open lower on Friday, mirroring Wall Street losses, as investors book profits after the index hit a 10-month high in the previous session.


TOP STORIES






Germany’s economic performance declined in the fourth quarter as industry reduced its production in line with weak European demand, the country’s Economy Ministry said.


Mobile operator Vodafone said some customers were not receiving emails via their Blackberry phones, and it was working with handset maker Research in Motion to rectify the problem.


Japanese Prime Minister Shinzo Abe made his biggest push yet to make jobs growth part of the Bank of Japan’s mandate as his government approved $ 117 billion of spending to revive the economy in the biggest stimulus since the financial crisis.


Credit card company American Express Co said it would cut about 5,400 jobs, or 8.5 percent of its workforce, as it restructures its business and pays legal bills.


MARKET SNAPSHOT


Canada stock futures traded down 0.8 percent


U.S. stock futures,, were mixed in the range of 0.01 percent and -0.05 percent <.n></.n>


European shares <.fteu3>, <.stoxx> were mixed <.eu></.eu></.stoxx></.fteu3>


COMMODITY PRICE MOVES


Thomson Reuters-Jefferies CRB Index <.trjcrbtr>: 296.142; fell 0.29 percent</.trjcrbtr>


Gold futures: $ 1,677.3; was unchanged 0 percent


US crude: $ 93.09; fell 0.78 percent


Brent crude: $ 110.4; fell 1.33 percent


LME 3-month copper: $ 8,099.75; fell 0.19 percent


CANADIAN STOCKS TO WATCH


Inmet Mining : Leucadia National Corporation, the largest shareholder in takeover target of the company , said late on Thursday it planned to tender its shares to bidder First Quantum , in a boost for the Canadian-listed group. The First Quantum offer will be open until February 14, 2013, unless extended or withdrawn.


ANALYSTS’ RECOMMENDATIONS


Following is a summary of research actions on Canadian companies reported by Reuters.


Bonavista Energy Corp. : Barclays cuts target to C$ 16 from C$ 19 after the company announced a 42 percent reduction in monthly dividend, cites company’s lower growth prospects


Sprott Inc. : Canaccord Genuity cuts price target to C$ 4 from C$ 4.25 based on a lower performance fee outlook and market depreciation


Canadian Pacific Railway Ltd. : BMO raises target to C$ 102 from C$ 97 to reflect the company’s lower equipment rent and pension costs and its recent favourable labor arbitration ruling


Penn West Petroleum Ltd. : Barclays cuts price target to C$ 12 from C$ 13 after the company announced a lower-than-expected capital budget and production outlook


Postmedia Network Canada Corp. : Canaccord Genuity raises target to C$ 1.25 from C$ 0.65 citing the company’s cost reductions from its transformation plan


ON THE CALENDAR


Major Canadian economic data includes international trade


Major U.S. events and data includes international trade, import and export prices and federal budget


($ 1= $ 0.98 Canadian)


(Reporting by Ayesha Sruti Ahmed)


Economy News Headlines – Yahoo! News





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Silver Falcon Mining, Inc. (SFMI) Provides Bullish Outlook on Its 2013 Mining Operations






BRADENTON, FL–(Marketwire – Jan 11, 2013) – Silver Falcon Mining, Inc. ( OTCBB : SFMI ) reports on its mining and milling operations, as management remains bullish on anticipated 2013 activities.


Diamond Creek Mill






The Company’s Diamond Creek Mill’s designed gravity feed circuit has been temporarily shut-down for its yearly heavy maintenance and component recalibrations. At the same time, the integration of the new floatation cell circuit is being added as a new component to the existing mill circuitry. Early testing of tailings material, from the floatation cells, reveals a significant improvement in recovery values of ALL precious metals. Management feels that once the flotation circuit is fully operational in the ensuing weeks, this will greatly improve bottom-line for the 2013 operational year.


The “Conditional Use” application for full implementation of the permitted closed-loop leaching system remains on-going and on scheduled without delays.


Further, management reports that work on the permanent storage of mill tailings will begin in earnest.


Diamond Creek Metallurgical Lab


The Company’s metallurgical laboratory building which contains, the Bullion Dore facility, the lab facility and the secured vault, has been fully erected. Company workers are finishing the remaining interior architectural components, allowing this facility to be fully operational.


Sinker Tunnel Gold Project


The Company has been working within the Sinker Tunnel Gold Project as per directives approved by SFMI’s Board of Directors. Due to mining rules, only SFMI personnel will be allowed inside the fenced in parameter of the project. As drilling, bolting, shoring, and exploration proceeds over the upcoming months, management will report as necessary on these operational developments.


Management remains excited about the fact that these are the first mining activities on War Eagle Mountain in over a century.


Pierre Quilliam, CEO, states, “After two years of efforts, both at the mill site and at the Sinker, it is very gratifying to see our efforts maturing. From a barren 20-acre site, the Diamond Creek Mill Facility has risen into an agglomeration of infrastructures, buildings, and equipment. The Company has one objective, to extract and deliver as much precious metals to the world markets as we can produce profitably from our holdings.” He further mentions, “This is the year where production will become the mainstay of SFMI’s objectives and operational motives. This in turn should deliver significant revenue to the Company and growth of shareholder values.”


About Silver Falcon Mining, Inc.


SFMI has mineral rights to approximately 1,200 acres on War Eagle Mountain in southern Idaho; Its Diamond Creek Mill is situated at the foot of War Eagle Mountain and is serviced by 6.2 miles of paved roads from State Highway 78. It maintains year round access to the Sinker Tunnel to facilitate underground mining of the rich veins crisscrossing the mountain and providing the area population with employment and services.


For further information, contact Mr. Richard Kaiser, Investor Relations, 757-306-6090 and/or www.silverfalconmining.com.


Silver Falcon Mining, Inc., SFMI, cautions that the statements made in this press release constitute forward looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.


Marketwire News Archive – Yahoo! Finance




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