Group items tagged

"U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama. "Congress, the administration and states must recognize that our weak economy simply could not sustain all the new taxes, regulations and mandates now under consideration. It's a sure-fire recipe for a double-dip recession, or worse," Donohue said in a speech providing the Chamber's outlook for 2010. Donohue said the lawmakers should not let former President George W. Bush's tax cuts expire at the end of year and lambasted Democratic efforts on healthcare and financial regulatory reform as well as climate change."

"LONDON (Reuters) - China and India sharply raised defence spending in 2009 despite the economic crisis but most European NATO members face a squeeze on defence budgets as they rein in gaping deficits, a report said on Wednesday. The impact of the global financial crisis on defence and security spending varied across regions and countries, the International Institute for Strategic Studies thinktank said in its annual report "The Military Balance". U.S. defence spending almost doubled under former President George W. Bush but President Barack Obama had signalled that the need to tackle a big budget deficit would require "a dramatic reprioritisation within defence spending," it said. Obama asked Congress this week to approve a record $708 billion in defence spending for fiscal 2011 -- including a 3.4 percent increase in the Pentagon's base budget -- but said he would continue his drive to eliminate wasteful programmes. A sharp recession had led the Russian government effectively to abandon a comprehensive military re-equipment plan due to run from 2007-15 and to replace it with a new 10-year plan starting in 2011, the report said. "In contrast to developments in advanced economies, both India and China have maintained their recent trend of double-digit increases in defence spending," it said. India boosted defence spending by 21 percent in 2009 after the 2008 Mumbai attacks killed 166 people, it said."

"LAS VEGAS - At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention. There were plenty of other interesting ideas on display, too, from 3-D printing to a wireless cell phone tether. Here are some of the gadgets most worth keeping an eye out for this year, and some that best deserve an arched eyebrow of amusement: TV on the iPhone - Qualcomm Inc.'s FLO TV service has been limited by the fact that only a few AT&T Inc. and Verizon Wireless cell phones can receive the signals, which carry about 15 news, sports and entertainment channels. Now, Qualcomm has teamed up with phone accessories maker Mophie to create an external battery pack for the iPhone that doubles as a FLO TV receiver. It's expected in the first half of the year. No price for the pack was announced; FLO TV service costs $15 per month. Separately, TV stations are also rolling out their own broadcasts for mobile devices. Another device at the show, the Tivit, is designed to take those signals and send them to an iPhone or BlackBerry over Wi-Fi. It should be available this spring for about $120, and the broadcasts are free. Game-controller glove - Iron Will Innovations demonstrated a futuristic-looking black-and-silver glove that replaces a keyboard and lets users control games by touching their fingers together instead. Called the Peregrine, the glove includes five sensors on each finger that replace different keystrokes when touched to the glove's thumb. The glove and plugs into a computer's USB port. The Peregrine should be in stores for $150 by the summer, though the company is taking pre-orders online for $20 less."

"January 25, 2010 | LIKE THIS ARTICLE ? Join our mailing list: Sign up to stay up to date on the latest headlines via email. Advertisement One moment there was the hum of a motor in the sky above. The next, on a recent morning in Afghanistan's Helmand province, a missile blasted a home, killing 13 people. Days later, the same increasingly familiar mechanical whine preceded a two-missile salvo that slammed into a compound in Degan village in the tribal North Waziristan district of Pakistan, killing three. What were once unacknowledged, relatively infrequent targeted killings of suspected militants or terrorists in the Bush years have become commonplace under the Obama administration. And since a devastating December 30th suicide attack by a Jordanian double agent on a CIA forward operating base in Afghanistan, unmanned aerial drones have been hunting humans in the Af-Pak war zone at a record pace. In Pakistan, an "unprecedented number" of strikes -- which have killed armed guerrillas and civilians alike -- have led to more fear, anger, and outrage in the tribal areas, as the CIA, with help from the U.S. Air Force, wages the most public "secret" war of modern times. In neighboring Afghanistan, unmanned aircraft, for years in short supply and tasked primarily with surveillance missions, have increasingly been used to assassinate suspected militants as part of an aerial surge that has significantly outpaced the highly publicized "surge" of ground forces now underway. And yet, unprecedented as it may be in size and scope, the present ramping up of the drone war is only the opening salvo in a planned 40-year Pentagon surge to create fleets of ultra-advanced, heavily-armed, increasingly autonomous, all-seeing, hypersonic unmanned aerial systems (UAS). Today's Surge Drones are the hot weapons of the moment and the upcoming Quadrennial Defense Review -- a soon-to-be-released four-year outline of Department of Defense strategies, capabi

"WASHINGTON -- President Obama, determined to show he understands middle-class struggles, is offering new initiatives meant to help people pay bills and save for retirement. Obama was ready to announce the new steps Monday in a partial preview of his State of the Union address. The proposals to be unveiled by Obama and Vice President Joe Biden at the White House include a doubling of the child care tax credit for families earning under $85,000; a $1.6 billion increase in federal funding for child care programs and a program to cap student loan payments at 10 percent of income above "a basic living allowance." His initiatives also include expanding tax credits to match retirement savings and increasing aid for families taking care of elderly relatives. That program would also require all employers to provide the option of a workplace-based retirement savings plan. Obama is seeking to offer some attractive options to taxpayers, mindful of recent setbacks including the loss of a traditionally Democratic Senate seat in Massachusetts to Republican Scott Brown. Monday's rollout is designed to show sympathy with a frustrated public. "We are fighting every single day to put Americans back to work," Obama said in a statement released by the White House. The proposals are the result of the work of a middle class task force that Biden had headed. The White House says the proposals are aimed at the "sandwich generation" -- Americans struggling to care for both their children and their parents. The proposals fit into the economic message of his prime-time address to the nation on Wednesday, one that is likely to cover financial regulations, energy, education, immigration and a push to change the political tone in Washington. White House advisers see Wednesday's State of the Union speech as a key opportunity for Obama to recalibrate his message to better connect with the public and to reset his presidency after stinging setbacks. Obama has promised a sharper focus o

"FAYETTEVILLE, West Va.-Perched on a platform 50 feet above the ground in a big hemlock named Fern, Geoff Elliott points to an unwelcome Asian import: a little bug known as the hemlock woolly adelgid. Small fuzzy white nymphs cling to the undersides of hemlock branches throughout the grove of trees. Both nymphs and adult adelgids can work quickly to destroy hemlocks 150 feet tall. "This tree is believed to be somewhere between 200 and 300 years in age and can be taken out by the adelgid in as little as two to four years," says Mr. Elliott, a tour guide for Adventure West Virginia Resort LLC, which operates zip-line tours through the treetops. The company is trying to educate visitors about the dangers of the invasive insect as it diminishes the landscape the business relies on. "Without any action we could lose the species," said Mark Whitmore, a forest entomologist at Cornell University. He described the hemlock as a "keystone species," because it provides shade that cools streams so fish can survive as well shelter for birds and animals. Losing it would be like "having all your front teeth fall out," he said. As global trade has mounted, more goods are coming in from overseas, sometimes bringing with them the accidental cargo of destructive bugs and plants. An estimated 500 million plants are imported to the U.S. each year, and shipments through one plant inspection station doubled to 52,540 between 2004 and 2006, according to the U.S. Department of Agriculture. Today, about 30 new invasive insects are discovered annually in the U.S., up sharply over the last decade, the USDA says. "