Saturday, January 9, 2010

Switzerland millionaire hit by record speed fine


A Swiss millionaire has been handed down a record speeding fine of $290,000 (£180,000) by a court.

The man was reportedly caught driving a red Ferrari Testarossa at 137km/h (85mph) through a village.

The penalty was calculated based on the unnamed motorist's wealth - assessed by the court as $22.7m (£14.1m) - and because he was a repeat offender.


It is more than double Switzerland's previous record speeding fine - handed to a Porsche driver in Zurich in 2008.

In the latest case, the motorist was clocked speeding 57km/h (35mph) faster than the limit, according to the cantonal court in St Gallen, eastern Switzerland.

"The accused ignored elementary traffic rules with a powerful vehicle out of a pure desire for speed," the court said in its judgement.

Swiss media reported that the man owns a villa with five luxury cars, including the Ferrari.

American Idol 'will flourish' with or without Cowell


American Idol judge Simon Cowell says the hit reality TV show "will flourish" with or without him.

"Whether I'm on it or off it, I think the show will flourish without me. I genuinely do," he told USA Today, ahead of the ninth season of American Idol.

Speculation over his future on the show followed his announcement that he will take rival British reality show The X Factor to the US next year.

"I really don't know until I hear it from him," said co-star Randy Jackson.

"The rumours get so wild and crazy, you just don't know what to believe," said fellow judge Jackson.

"It is pretty much a distraction," he added. "Let's focus on what we are judging... finding that next superstar talent."

Cowell has confirmed that he is still in negotiations with Fox, the network behind the talent show contest. He was named US TV's top earner last year, according to Forbes.com.

"I've had conversations - as you know, there's been speculation for months and months," he told USA Today.

"I'm very grateful," continued Cowell, whose current contract comes to an end following the show's ninth season. "I've had the best experience in my life since I've been on this show. I really like working in America."

The show has enjoyed massive success in the US since its inception in 2002, and has been a launch-pad for several singing stars, notably Jennifer Hudson, Carrie Underwood and the show's first winner Kelly Clarkson.

However the ninth season sees a dramatic shake-up in the judging panel, after singer and choreographer Paula Abdul announced her departure in August 2009.

"We look down the table sometimes and think, 'Where's Paula?'," said Jackson. "It's going to take a little getting used to. We're really sad about that."

Victoria Beckham, Katy Perry and Mary J Blige are among the guest judges who will feature in the audition rounds, while talk show host Ellen DeGeneres will replace Abdul when the show moves to Hollywood.

American Idol remains the most popular show in the US with the last series drawing an average of 26.3 million viewers, but ratings have seen a decline over the past three years.

"I think it can go on for some time," insisted Jackson. "I think it is the best music reality show that has ever been on TV."

Heart operation using MRI is world first


A British six-year-old boy has become the first person in the world to have a heart valve widened using an MRI scan for guidance rather than X-ray imaging.

Jack Walborn was born with the heart condition pulmonary valve stenosis, which reduces blood flow to the lungs.

Using MRI means patients are not exposed to radiation - particularly important for children.

The scan also provides a clearer image, and information about the body's tissues, in real time during surgery.
Jack's condition meant that the flow of blood from the right side of his heart was obstructed.

Surgeons decided he needed an operation called a valvuloplasty to widen the valve and increase blood flow.

This is done by inserting a catheter into a blood vessel in the arm or groin and guiding it to the heart.

At the tip of the catheter is a balloon which is gently inflated to widen the narrowed valve.

Glass fibre wire
X-ray imaging is usually used to track the progress of the catheter through the body.

But a team at the King's Health Partners Academic Health Sciences Centre in London has developed a way to use MRI scanning instead.

Previously, the magnetic field used in MRI caused problems with the metal guide wires used for cardiac catheterisation, making them move around inside the body and heating them up.

The King's team have come up with a glass fibre wire alternative with small iron markers along it that can be seen on the scan.

His mother Kerry said: "At first I was unsure about allowing Jack to be the first person to have this operation, but once I had spoken to the doctors I felt much more at ease as I knew he was in safe hands.

"His surgery was a great success and within an hour of coming out of theatre he was running around and back to being his lively self."

Judy O'Sullivan, a senior cardiac nurse at the British Heart Foundation, said: "Technology is advancing at a great pace and in the future we hope that many more patients will benefit from the use of MRI scans rather than X-ray imaging, as MRI avoids exposure to radiation."

UPS to cut 1,800 management jobs


The world's largest package delivery company, United Parcel Service (UPS), is to shed 1,800 management and administrative jobs.

A reorganisation of one of its US operations has led to the job cuts from the firm's 340,000 US payroll.

But the firm, seeing improved shipping volumes, also increased its fourth-quarter profit forecast ahead of the results being released on 2 February.

UPS and rival FedEx are seen as strong indicators for the US economy.

The results of UPS are watched keenly because there is a strong correlation between demand for sending packages and the state of the US economy.

UPS said the job cuts will come as part of a reorganisation of its domestic small package division.

It is cutting the number of regions to three from five and the number of districts to 20 from 46.

"They're not cutting sales jobs, they're cutting back office jobs," said analyst Helane Becker of Jesup & Lamont Securities. "They take out back office, they take out cost."

Osama Bin Laden dead or alive?


Osama Bin Laden died eight years ago during the battle for Tora Bora in Afghanistan, either from a US bomb or from a serious kidney disease.
Or so the conspiracy theory goes.


The theory that has developed on the web since 9/11 is that US intelligence services are manufacturing the Bin Laden statements to create an evil bogeyman, to justify the so-called war on terror in Afghanistan, Iraq and back at home.

So is the world's most wanted man still alive?

For a decade, Osama bin Laden has managed to evade the world's superpower and the biggest manhunt in history.

Bruce Riedel, who chaired President Barack Obama's Afghanistan/Pakistan policy review, and who has seen the intelligence on Bin Laden, says the trail has not so much gone cold as "frozen over".

"We don't have a clue where he is," he says.

In the absence of any concrete intelligence, Bin Laden has become shrouded in myth and rumour.

'Certainly fake'

Numerous audio and video statements purporting to be from Bin Laden have been released, but their authenticity has been continually questioned.

The veracity of all of the videos is questioned by David Ray Griffin, a former theology professor and member of the 9/11 Truth Movement, which also questions mainstream accounts of the attack on the World Trade Centre.


"None of them can be proven to be authentic," he says. "At least three of them can be shown to be almost certainly fake.

"And if somebody is faking Bin Laden videos, then that leads to the suspicion that all the videos and audio tapes have been faked."
His first example is a video released by the US Department of Defense in December 2001. In it, Bin Laden confesses to 9/11, yet Mr Griffin points out that al-Qaeda has only rarely admitted responsibility for terrorist attacks.

He also maintains that the Bin Laden figure looks very different to previous footage - fatter, with shorter fingers, and that he is even writing with the wrong hand.

Most of Bin Laden's statements are audio only. Only two that show Bin Laden speaking have been issued since 2001.

Griffin claims both are fakes.

He argues that a video released in October 2004 - just days before the presidential election - lacks the religious rhetoric contained in previous statements.

This video, he says, helped George W Bush secure a second term.

But it is the last video, released in September 2007, that has attracted most attention.

'Western conspiracy'

Mr Griffin calls it "Blackbeard: the terrorist tape". Bin Laden's trademark grey beard has been replaced with a neat, jet-black beard, and there are a number of frames in the video, where Bin Laden carries on speaking but the picture of him freezes.

One former CIA agent also questions its authenticity. Robert Baer dismisses the suggestion of a conspiracy by Western intelligence but thinks that al-Qaeda may have faked the video.

"[al-Qaeda has] an interest in manipulating it to look like current tapes," he says. "You can digitally manipulate voice to say anything. You can change months, years, you can tape vowels and syllables and put it into a recording and change it."
Andy Laws, a former military imaging analyst for the RAF, was asked to forensically test an undisputed Bin Laden tape from 1998 against the 2001 so-called "confession tape" and the 2007 "blackbeard tape".

He says the fact that Bin Laden appears fatter in the 2001 tape is down to the editing process, when subtitles were added and the image was squashed. His conclusion is that all the videos are of the same person - Bin Laden.

Furthermore, Mr Laws says it is not realistic to think that the US military would fake such tapes.

"Technologically in this day and age, those kinds of things can be done, but not quietly," he sayMike Scheuer, the former CIA officer who set up and ran the agency's Bin Laden unit, thinks Bin Laden is still alive.

'Difficult reality'

"Whenever he speaks on audio tape, he always says something in there that's fairly current. Also, the US National Security Agency (NSA) and UK Government Communication Headquarters (GCHQ) are very good at voice prints," he says.

Mr Scheuer concludes that if it was not Bin Laden's voice, these organisations would make sure governments were well aware that the tapes were fakes.

Another former CIA agent, Art Keller, is more damning:
"I think those conspiracy theories that he is dead are pretty much laughable," he says.

"It's easier to explain things away with a conspiracy than to face up to the difficult reality.

"In this case, the difficult reality is that we're trying to operate in possibly the worst area in the world and track someone who's very crafty and elusive and putting considerable effort to stay off our radar."

Judge reinstates Argentina central bank chief

A judge has ordered the reinstatement of Argentina's central bank governor and blocked the president's plan to use currency reserves to pay public debt.
The court said Cristina Fernandez de Kirchner's emergency decree on Thursday dismissing Martin Redrado should be suspended until Congress voted on it.


In an earlier decision, it ruled the government could not move $6.6bn from the central bank to a special fund.

Mr Redrado angered the president after he refused to transfer the reserves.

He had said he would wait for Congress to ratify the measure when its recess ended in March.

Argentina has $13bn of international debt that matures this year, and a hole in its budget of between $2bn and $7bn.

'Fat profits'

In two rulings on Friday, judge Maria Jose Sarmiento thwarted the president's efforts to use Argentina's foreign currency reserves to pay down the country's debt and her decision to sack Mr Redrado.

The judge decided to temporarily suspend the emergency decree which had led to the dismissal of this official," the Justice Department said.

In her decree, Mrs Fernandez de Kirchner said Mr Redrado had "failed to fulfil the duties of a public servant", and urged prosecutors to take unspecified legal action.

But Judge Sarmiento agreed with opposition politicians and Mr Redrado's lawyers, who said the president did not have the authority.

Under the bank's charter, the government can dismiss a member of its board, but must have a recommendation from a special congressional committee.

Moments after the rulings, Mr Redrado arrived at his office in Buenos Aires, waving at television cameras.

"I am returning to work at the bank. Justice has been done," he said.

But Interior Minister Florencio Randazzo said the government would appeal, telling Radio 10 that the constitution clearly gave it the right to issue the emergency decrees concerning the bank.

Mrs Fernandez de Kirchner also defended her attempt to use the bank's reserves to service debts, saying it would keep Argentina from paying "fat profits" to speculators who charged high interest rates.

"It's much better to use the reserves than to borrow at interest rates of 15% or 14%, when the reserves are barely earning 0.5% or 1%."