Ahad, 16 Disember 2012

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MIDF cuts AirAsia’s target price

Posted: 16 Dec 2012 06:20 PM PST

MIDF Research lowered its target price on AirAsia Bhd to RM3.45 from RM3.84 after Asia's largest budget carrier purchased an additional 100 Airbus A320 aircraft.

"We foresee short-term headwinds due to more intense competition from new entrant into its home market and increased uncertainties due to the stock removal from the benchmark stock index," the research house said in a note on Monday.

However, MIDF said the 9.4 billion deal with Airbus would further enhance AirAsia's position as the cost leader in the low cost carriers (LCC) industry.

"Our take on AirAsia is that, in time, it might even overtake the position of Ryanair Holdings Plc in Europe and Southwest in North America as the global leader of LCC given its high order-book for aircraft, and the huge population in Asia which is still under served," MIDF said.

The research house maintained its 'buy' rating on AirAsia shares. By 0929 a.m. (0129 GMT), shares of AirAsia dropped 2.25 per cent to RM2.61, underperforming the benchmark stock index's 0.44 per cent fall. -- Reuters

MAS eyes 80pc A380 load for KL-Paris route

Posted: 16 Dec 2012 06:06 PM PST

Malaysia Airlines (MAS) expects a load factor of 80 per cent for its Kuala Lumpur-Paris-Kuala Lumpur daily route when the Airbus A380 is rolled out in March 1 next year to replace the current Boeing B777 daily services.

"France is a very big country. A lot of French people travel outside the country and at the same time, we have a lot of business going on between the Malaysian government/businessmen and French government/businessmen as well as within the other European countries," said MAS Regional Senior Vice-President
for the UK and Europe, Huib Gorter.

Furthermore, he added, Malaysia is part of the strongly growing tourism sector of the Asia Pacific region and the country itself is an attractive destination for Europeans despite the economic and financial crises in several regions of the world.

"One of the key things is to price your products creatively and at the right time. We have very very good airlines competing with us and we can never ever lose sight, we have to be on top of that and I think we have done it quite well," he told Malaysian journalists attending the just recently concluded

IATA Global Media Day 2012 held in Geneva.

Despite the gloomy eurozone economic outlook, Gorter sees next year as an excellent one for MAS in Europe as the A380 aircraft will definitely enhance MAS' brandname.

He is confident that with the A380's introduction into service with an exciting new level of comfort, luxury and convenience in long-haul travel "we can expect the number of passengers to increase more and more."

The A380 has a capacity of 494 seats in a three-class configuration comprising eight first-class seats and 350 economy-class on the main deck, together with 66 business-class seats and 70 economy-class seats on the upper deck.

Gorter added that with the deployment of the superjumbo on two of the popular European routes (London and Paris), the national carrier will be able to offer the latest premium products and services to travellers and this customer proposition is also certain to increase tourist arrivals into Malaysia next year.

Since MAS commenced its A380 operations on the KL-London route on July 1, 2012, customers' response has been overwhelming, he said, adding that there has been a 22 per cent rise in passenger load from London to KL.

Gorter also said although the UK is MAS' biggest market in Europe, Paris could be another high profile destination, followed by Holland, Germany and Turkey.

Currently, direct flights from Europe to Malaysia (including code sharing) are from Amsterdam (17), Frankfurt (nine), London (14), Paris (daily) and Istanbul (3), with 14 being operated by MAS.

Meanwhile, in order to increase tourist arrivals in Malaysia, Gorter said MAS would be working closely not only with Tourism Malaysia but also with the Sarawak Tourism Board, hoteliers, travel agents and those related with the travel industry.

"We have to be very quick and competitive, we need to have strategies and we have estimated about 122 European tour operators will feature Malaysia in their brochures and online sites," he said.

The Malaysian tourism industry is targeted to contribute RM104 billion to the country's Gross National Income by 2020 for which Malaysia will need to achieve 36 million tourist arrivals in 2020 from 24 million in 2009, a 50 per cent growth.

Malaysia Airlines is the eighth operator of this new aircraft and will receive its remaining two A380s by the first quarter of 2013. -- Bernama

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Obama Heading to Newtown to Grieve With Families - WSJ.com - Wall Street Journal

Posted: 16 Dec 2012 09:05 AM PST

SANDY HOOK, Conn.—President Barack Obama was to join a grieving community here Sunday as authorities continued to piece together how a gunman stormed an elementary school and killed 20 children and six adults, in one of the worst mass shootings in U.S. history.

The White House said Mr. Obama would meet with the families of children and adults slain at Sandy Hook Elementary School in Newtown, Conn., and would speak at a vigil set for 7 p.m. Eastern time.

European Pressphoto Agency

A man carries flowers Saturday down the street from the Sandy Hook Elementary School, in Newtown, Conn. where 20 children were among those killed in Friday's shooting.

The 26 victims who were shot inside the school on Friday were each hit by more than one bullet, most of them from the high-powered semiautomatic rifle wielded by the 20-year-old suspect, the state's chief medical examiner said on Saturday.

Authorities worked into Saturday morning at a temporary morgue on the school grounds to identify the bodies, H. Wayne Carver II said, as state authorities released the names of those killed at the school.

List of Victims

  • Charlotte Bacon, 6
  • Daniel Barden, 7
  • Rachel Davino, 29
  • Olivia Engel, 6
  • Josephine Gay, 7
  • Ana Marquez-Greene, 6
  • Dylan Hockley, 6
  • Dawn Hochsprung, 47
  • Madeleine F. Hsu, 6
  • Catherine V. Hubbard, 6
  • Chase Kowalski, 7
  • Jesse Lewis, 6
  • James Mattioli, 6
  • Grace McDonnell, 7
  • Anne Marie Murphy, 52
  • Emilie Parker, 6
  • Jack Pinto, 6
  • Noah Pozner, 6
  • Caroline Previdi, 6
  • Jessica Rekos, 6
  • Avielle Richman, 6
  • Lauren Rousseau, 30
  • Mary Joy Sherlach, 56
  • Vicki Soto, 27
  • Benjamin Wheeler, 6
  • Allison N. Wyatt, 6

On Saturday afternoon, authorities revealed the truth behind the grim numerical toll: a list of names, overwhelmingly female, heart-rendingly young. Twenty of the 26 victims in the school were just 6 or 7 years old.

"I believe they were all first-graders," Mr. Carver said.

Six adults also were killed in the school, including school psychologist Mary Jo Sherlach, the oldest victim, at age 56.

Shock, Tragedy at Connecticut School

Getty Images

A flag flies half mass outside of a residence near the Sandy Hook School on Saturday.

Mr. Carver said his staff was to do an autopsy Sunday on the two remaining dead in the spree: the suspect, 20-year-old Adam Lanza, who took his own life at the school, and his mother, Nancy Lanza, 52, whom Mr. Lanza shot and killed in the house the two shared in town.

Mr. Lanza's body was found close to the rifle and two handguns he carried, police said, and he is believed to have taken his own life.

Police said they believe Mr. Lanza forced his way into the school Friday morning through a plate-glass partition next to a locked front door, possibly by shooting his way through. But why he had done so remained a mystery, despite waves of speculation among survivors, news reporters and law enforcement.

The quaint New England town on Saturday shared stories of heroics, including those of teachers who died trying to save their young charges, while at the same time it convulsed in grief. Some victims' families retreated in silence to mourn, in houses guarded by state police or private security. But some spoke out.

Police say that alleged gunman Adam Lanza, 20, appears to have broken into Sandy Hook elementary School to gain access to the building. Photo: Associated Press.

Standing before TV cameras Friday night, Robbie Parker, 30 years old, held back tears as he spoke of his murdered daughter, 6-year-old Emilie, and offered condolences to the other victims of the massacre.

"This includes the family of the shooter," Mr. Parker said. "I can't imagine how hard this experience must be for you, and I want you to know that our family and our love and our support goes out to you as well."

Dr. H. Wayne Carver, Conn. Chief Medical Examiner delivered a press conference late Saturday after completing examinations of all the children killed in the school shooting in Newtown, Conn Friday. Photo: AP

Miles away, a local official in Kingston, N.H., read a statement from James Champion, Nancy Lanza's brother, who offered condolences but was too overcome to speak.

"The whole family is traumatized by this event," Kingston Police Chief Donald Briggs Jr. said.

The suspect's father, Peter Lanza, issued a statement of condolence Saturday, according to the Associated Press.

"We too are asking why," it read in part. Peter and Nancy Lanza divorced in 2009, according to court records.

The forcible entry helped solve one of the many unanswered questions about the massacre Friday: how a heavily armed young man was able to pass through the locked security doors of an elementary school.

School staff members saw evidence of forced entry as they were ushered out of the school, said Mary Ann Jacob, a clerk at the school library who hid with others in a storage room during the shooting spree. As they left the building, Ms. Jacob said she saw that the plate-glass window next to the building's front door was broken.

But much remained unanswered, and much of what had been assumed in the rush of the crisis turned out to be wrong. It was incorrect, Lt. J. Paul Vance of the Connecticut State Police said, that Mr. Lanza's mother had had any connection to Sandy Hook Elementary, where early reports suggested she had been a teacher.

Law-enforcement officials initially said an assault rifle had been discovered in a car in the school's parking lot. In fact, said Mr. Carver, the medical examiner, it had been the primary weapon used in the killings.

And a television report that Mr. Lanza had been in some form of altercation at the school earlier this week also appeared false, Lt. Vance said.

Investigators were still trying to glean Mr. Lanza's motives, and why he had chosen to attack the school in Sandy Hook. Lt. Vance said investigators at the scene "did produce some very good evidence" that could be used in "hopefully, painting the complete picture as to how—and more importantly why—this occurred."

The investigation unfolded in the middle of a reeling community—decked out with Christmas decorations but packed with strange out-of-town vehicles, police cruisers and news trucks. The school was expected to remain an active crime scene at least through Sunday, said Lt. George Sinko of the Newtown police. Sandy Hook is a village within Newtown.

In addition to the buildings, investigators were searching a large number of vehicles in the parking lot. The suspect's car remained outside the school on Saturday morning.

One of the victims, first-grade teacher Vicki Leigh Soto, 27, died trying to protect the children she loved, her cousin Jim Wiltsie said. When the gunfire started on Friday morning, she gathered her students and tried to hide them in a classroom closet, officials told her family.

"In doing so, she put herself between the kids and the gunman's bullets," said Mr. Wiltsie, who is a police officer. "That's how she was found. Huddled with her children." He said he didn't know if her students were among the dead.

Diane Day, a therapist at the school, was sitting with the principal, a parent and other staff members for a meeting when she heard gunshots.

"At first we heard a bunch of kids scream, and then it was just quiet and all you could hear was the shooting," Ms. Day said Friday.

Principal Dawn Hochsprung and the school psychologist, Ms. Sherlach, both of whom where killed, leapt from their seats and ran out to help, Ms. Day said. "They didn't think twice about confronting or seeing what was going on," she said.

Without a lock to secure the door, a teacher at the meeting pressed her body against the door to hold it shut, Ms. Day said. That teacher was shot through the door in the leg and arm. "She was our hero," Ms. Day said.

Carrie Usher, a fourth-grade teacher, said she believed the principal turned on the campus loudspeaker system, which broadcast sounds of "screaming and crying" through the school to warn others.

Ms. Usher's class, meanwhile, was in the library, and they hid in the closet.

"The gunfire was just unbelievable. It felt like it lasted for five minutes," the teacher said Friday. "It wouldn't stop." No one in her class was hurt.

In the minutes after the shooting stopped, students were taken to a nearby firehouse that became the staging area for anxious parents who quickly streamed to the campus when the news broke. Many remained there until late Friday night, still awaiting word of their missing children, officials said.

There, some were informed of their children's deaths by Connecticut Gov. Dannel Malloy, whom an aide described as "stricken" in delivering the news.

Rabbi Shaul Praver of Congregation Adath Israel in Newtown said that when the governor came in to announce all the children had been killed, not everyone immediately understood, leaving one parent to shout out, "Does that mean my kid is dead or alive?"

Once the governor was clear that all children were killed, Rabbi Praver said some parents were in shock and others erupted into wailing. One man was hitting himself in the head, said Rabbi Praver. "He wanted to roll himself into a ball," he said. "It was just a horrible thing to see a person in that state of mind."

Across the country, some officials turned to issues of policy, including some calling for additional gun-control measures and to focus on treating the mentally ill.

That included some from Connecticut, like Democratic Rep. John Larson, who called for votes on background checks, bans on high-capacity clips and other measures.

"Politics be damned," Mr. Larson said in a statement. "Of the 12 deadliest shootings in our nation's history, half of them have happened in the last five years. And there is not a single person in America who doesn't fear it will happen again."

But it seemed too soon for policy for officials on the ground, said Democratic Rep. Christopher Murphy, who was recently elected to the U.S. Senate but has represented Newtown in the U.S. House for three terms.

"For those of us who are on the ground here, there's no way for us to think about the policy implications right now," Mr. Murphy said. "But I don't begrudge anyone else who's beginning to raise these issues."

"Obviously, this is going to be an awful week," he said, "because we'll begin to have the funerals, and the real grieving will start."

People in the region are "concerned and scared," said Mark Boughton, the mayor of nearby Danbury, where extra police will be on hand Monday morning outside the city's schools to provide reassurance to parents and students.

Mr. Boughton said a bipartisan commitment to funding better treatment for the mentally ill was long overdue, and while he said his city and Newtown had developed effective emergency-management procedures, there was little to stop an unpredictable threat like the one visited on Sandy Hook.

"If somebody shoots the window in, it doesn't matter that you've got a doorbell in front of the door," he said.

—Josh Dawsey, Will James, Lisa Fleisher, Alison Fox and Aaron Zitner contributed to this article.

Write to Ted Mann at ted.mann@wsj.com

Top Democrat will seek new gun law in next Congress - NBCNews.com

Posted: 16 Dec 2012 09:09 AM PST

By Michael O'Brien, NBC News

Friday's school shooting in Connecticut prompted a renewed effort by lawmakers to re-evaluate gun rights, as a top Democrat vowed Sunday to introduce new legislation on the first day of the new Congress next year.

After the unbelievable tragedy in Connecticut, NBC's Pete Williams gives the latest shooter information update, Connecticut Gov. Dannel P. Malloy discusses his state's healing and New York Mayor Michael Bloomberg advocates for reform to gun ownership standards today on Meet the Press.

The massacre at an elementary school in Newtown, Conn. left 28 dead, including 20 students, seven adults and the suspected shooter, leading proponents of gun control to redouble their efforts to seek new regulations. New York City Mayor Michael Bloomberg, an outspoken advocate of gun control, said the issue should now be atop President Barack Obama's second term agenda.

To that end, California Sen. Dianne Feinstein, D, said she intended to introduce a gun control bill on the first day of the next Congress. Paired with a twin version in the House, Feinstein's law would take aim at limiting the sale, transfer and possession of assault weapons, along with the capacity of high-capacity magazines. 

"It can be done," she said on NBC's "Meet the Press." The senator, a proponent of gun control, said she expected Obama to offer his public support for the law. 

California Sen. Dianne Feinstein

A federal ban on assault weapons, first passed in 1994 and signed by President Bill Clinton, expired in 2004. And while Obama has said he favors its reinstatement, the administration has hardly thrown its weight behind such a proposal during his first term. 

The especially grisly shooting in Connecticut — which follows several other high-profile shootings at a movie theater in Aurora, Colo., and outside a Sikh temple in Wisconsin — might now serve as a catalyzing moment in that dormant gun debate. 

"We're going to have to come together and take meaningful action to prevent more tragedies like this, regardless of the politics," Obama himself said on Friday in the aftermath of the Newtown shooting. 

Outspoken proponents of gun control, like Bloomberg, have now begun to pressure the president to speak out more forcefully on the issue. 

A panel of experts on Meet the Press discusses the recent tragic shooting in Connecticut and how lawmakers should go about addressing gun ownership standards.

"It's time for the president to stand up and lead and tell this country what we should do," said the New York City mayor. "This should be his No. 1 agenda."

There are indications that some of the most commonly discussed measures to rein in weapons enjoy some degree of public support. An early August CNN/ORC poll, conducted in the aftermath of the Colorado and Wisconsin shootings, found varying levels of public support for different gun control proposals. Fifty-seven percent of adults, for instance, said they favored a ban on the manufacture, sale and possession of assault weapons, and 60 percent said they supported a ban on the possession of high-capacity ammunition clips. 

But gun owners' groups, like the National Rifle Association, could prove a significant political obstacle to moving any such proposals through Congress. The NRA — which endorsed Obama's Republican opponent, Mitt Romney, during the presidential campaign — remains a formidable political force. The group could target, for instance, Democrats from rural or centrist districts and states for defeat if they were to vote for such a law. 

Bloomberg argued otherwise. "There is this myth that the NRA is so powerful," he said. "Today the NRA's power is so vastly overrated."

In the meantime, the mayor said, Obama could take action through executive orders to strengthen and update the background check system and more aggressively enforce existing laws. 

On Sunday, the president will travel to Newtown to comfort victims' families and thank first responders for their efforts. Obama will also speak at a vigil this evening.

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Sabtu, 15 Disember 2012

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Gunman Forced His Way Into School, Police Say - NYTimes.com - New York Times

Posted: 15 Dec 2012 08:57 AM PST

A gunman who killed 26 people in a shooting at an elementary school in Newtown, Conn., before committing suicide forced his way into the building, the authorities said on Saturday morning.

"The victims have been positively identified," Lt. J. Paul Vance, a spokesman for the Connecticut State Police, said at a news conference Saturday morning.  He said that while medical examiners and investigators had several days of painstaking work in front of them, he expected the names of all the victims would be released later Saturday.  

Lieutenant Vance said investigators had found valuable information at the home of the gunman that may help explain why he began his assault, but declined to give details.

"We are hopeful it will paint a complete picture of how and why," Lieutenant Vance said of the evidence.

Only one of the shooting victims survived. That person, who was shot in the foot, remained in a hospital and was to be interviewed by the police on Saturday.

"She will be instrumental in this investigation," Lieutenant Vance said.

The gunman, identified by law enforcement officials as Adam Lanza, started his killing spree at his home, where he shot his mother, Nancy Lanza, in the face, the authorities said.

Mr. Lanza, 20, then drove his mother's car to Sandy Hook Elementary School. Outfitted in combat gear and armed with semiautomatic pistols and a semiautomatic rifle that had been purchased by he mother, Mr. Lanza forced his way into the building and then chose his victims with a brutal efficiency, according to law enforcement officials.

As children hid in closets, barricaded themselves in bathrooms and huddled in classroom corners, Mr. Lanza shot child after child. A janitor ran through the halls alerting others to the shooting, and someone switched on the school intercom, providing more warning and perhaps saving lives, the authorities said.

When the principal and teachers tried to intervene, they, too, were shot dead.

The shooting spree lasted only minutes, but it was enough time to leave a nation stunned and a community shattered.

Even as bodies were removed from the school overnight Friday and investigators continued to work the crime scene, the town began to mourn the dead.

Across Newtown, a picture-perfect New England town where neighbors are a quick with a friendly hello and know one another by name, the Christmas lights and decorations were overwhelmed by memorials. With words so hard to come by, several people hung up signs that simply read, "Pray."

On Friday night, thousands of people flocked to local churches, attending candlelight vigils and seeking comfort in community.

"These 20 children were just beautiful, beautiful children," Msgr. Robert Weiss of St. Rose of Lima Roman Catholic Church told reporters. "These 20 children lit up this community better than all these Christmas lights we have."

A letter from Pope Benedict XVI was read at one of the vigils.

"I ask God our father to console all those who mourn and to sustain the entire community with the spiritual strength which triumphs over violence by the power of forgiveness, hope and reconciling love," the letter said.

At the White House, President Obama struggled to choke back his emotions as he read a statement on Friday. More than once, he dabbed his eyes.

"Our hearts are broken," Mr. Obama said, adding that his first reaction was not as a president, but as a parent.

"I know there is not a parent in America who does not feel the same overwhelming grief that I do," he said.

"They had their entire lives ahead of them: birthdays, graduations, weddings, kids of their own," he added. Then the president reached up to the corner of one eye.

In his Saturday morning weekly address to the nation, Mr. Obama reiterated his call to take "meaningful action to prevent more tragedies like this — regardless of the politics." 

Fatal schoolhouse shootings in Connecticut renew gun control debate - Fox News

Posted: 15 Dec 2012 08:13 AM PST

  • feinstein_dianne_041812.jpg

    FILE: April 18, 2012: Sen. Dianne Feinstein, D-Calif., head of the Senate Select Committee on Intelligence, speaks on Capitol Hill in Washington.AP

The fatal shootings Friday of 26 people at a Connecticut elementary school – including 20 children – immediately reignited the Washington debate about national gun laws.

In Congress, California Democratic Sen. Dianne Feinstein, a leading gun-control advocate on Capitol Hill, called for members to address the issue when a new session starts in January.

"I hope and trust that in the next session of Congress there will be sustained and thoughtful debate about America's gun culture and our responsibility to prevent more loss of life," said Feinstein, who co-sponsored a 1994 bill that resulted in a 10-year ban on many semi-automatic guns, called "assault weapons."

The gunman identified in the killings Friday morning at the Sandy Hook Elementary School in Newtown, Conn., purportedly used a Glock pistol and a Bushmaster rifle.

The guns are similar to those used in two other mass shooting earlier this year -- one at a Colorado movie theatre in July and another at an Oregon mall on Tuesday. And they have become the focus of gun-control advocates because they can rapidly fire multiple rounds.

President Obama amid his sorrow Friday signaled potential administration action, saying, "We need to come together to take meaningful action."

However, he gave no specifics, and the White House signaled earlier in the day the need first to mourn.

"There is I'm sure — will be, rather, a day for discussion of the usual Washington policy debates, but I don't think today is that day," said White House Press Secretary Jay Carney.

Carney's remarks were immediately challenged, particularly by New York City Mayor Michael Bloomberg, who has increasingly called for more gun control.

"Calling for 'meaningful action' is not enough," said Bloomberg, who leads the group Mayors Against Illegal Guns. "We have heard all the rhetoric before. What we have not seen is leadership -- not from the White House and not from Congress. That must end today."

However, at least on Capitol Hill Republican said that tighter control is not the answer.

"That's one thing I hope doesn't happen," New York Rep. Mike Rogers told The New York Times. "What is the more realistic discussion is how do we target people with mental illness who use firearms?"

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Jumaat, 14 Disember 2012

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US stocks fall on cliff, Apple worries

Posted: 14 Dec 2012 05:54 PM PST

NEW YORK: US stocks fell Friday amid worries about Washington's budget impasse over the looming fiscal cliff, with a sharp drop in heavyweight Apple weighing on the Nasdaq.

The Dow Jones Industrial Average lost 35.71 points (0.27 percent) at 13,135.01.

The broad-market S&P 500 fell 5.87 points (0.41 percent) to 1,413.58, while the tech-rich Nasdaq Composite shed 20.83 points (0.70 percent) to 2,971.33.

Investors continued to fret about sharp tax hikes and spending cuts set to take effect in January if Washington fails to reach a deal to avert the so-called fiscal cliff, which economists say would drag the United States into recession.

"The stalemate in Washington over spending and taxes kept investors cautious. President Obama and House Speaker Boehner met last night, but both parties remain divided on how to avert the fiscal cliff," Wells Fargo Advisors analysts said.

The technology sector dragged as Apple, the most valuable company by market capitalization, dropped 3.8 percent on the day it launched its iPhone 5 in China amid analyst concerns about a lack of consumer interest.

"Apple's weakness has been a major weight on the broader market given its size and how widely owned it is," said Patrick O'Hare of Briefing.com.

Discovery Communications rose 0.9 percent after striking a US$1.7 billion deal to buy German television group ProSiebenSAT1's Nordic activities.

Best Buy meanwhile tumbled 14.7 percent as the troubled electronics retailer said its founder Richard Schulze would be given until February to make a takeover bid.

Oilfield services company Schlumberger skidded 5.0 percent after announcing higher than usual seasonal slowdowns in international markets and weaker activity in North America.

Pharmaceutical giant Pfizer fell 0.6 percent. The Wall Street Journal reported it was considering a launch early next year of a roughly US$4 billion US initial public offering for animal-health unit Zoetis Inc. -- AFP

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Connecticut elementary school shooting: Multiple deaths reported - Chicago Tribune

Posted: 14 Dec 2012 09:40 AM PST

Multiple people have been killed in a shooting at an elementary school. The number of dead is unclear, but there are at least 20 shooting victims. Many of the shootings took place in a kindergarten classroom, sources told the Hartford Courant. The gunman is reported dead.

The official, who spoke on condition of anonymity because the investigation is still under way, says the man apparently had two guns.

The shooting was reported at Sandy Hook Elementary School in Newtown, in western Connecticut. State police say Newtown police called them at about 9:40 a.m. about the reports.

Newtown is in northern Fairfield County, about 45 miles southwest of Hartford and 80 miles northeast of New York City.

Eight-year-old Alexis Wasik, a third-grader at the school, said police were checking everybody inside the school before they were escorted to the firehouse.

"We had to walk with a partner," she said.

One child leaving the school said that there was shattered glass everywhere. A police officer ran into the classroom and told them to run outside and keep going until the reach the firehouse.

Earlier reports of a second shooter are unconfirmed.

Associated Press, Reuters and the Hartford Courant contributed

Reading While Eating for Dec. 14: No Rice Redux - TIME

Posted: 14 Dec 2012 09:34 AM PST

Photo by Spencer Platt/Getty Images

US Ambassador to the United Nations Susan Rice speaks to the media following Security Council consolations over the situation in North Korea on April 13 in New York City. Yesterday, Rice withdrew her name from consideration to succeed Hilary Clinton as Secretary of State.

Susan Rice Bows Out from Secretary of State Consideration. Thereby dashing the hopes of anyone who dreamt of having two U.S. Secretaries of State in the last decade with the surname Rice. (Swampland)

John Kerry, Come on Down. Rice's withdrawal leaves the former Presidential candidate as Obama's likely choice. (The Washington Post)

Thought You Knew Everything About the Alphabet? Think again. (Mental Floss)

The 40 Most Insane Things That Happened in Florida in 2012. Cutting that list down to 40 must have been no easy task. Just wait till they tackle Ohio. (Buzzfeed)

How to Dress Like Your Favorite Film Characters. Hint: If you're looking for an easy one, go with 'The Dude' from The Big Lebowski. (Flavorwire)

Frieda Pinto Shines At the Dubai International Film Festival. The Slumdog Millionaire star is serving as the head of the jury for the short films. (Divanee)

Justin Bieber, on the Other Hand… It's hard work trying so hard to look like you're not trying at all. (Go Fug Yourself)

There's No Time To Explain! Here's your supercut of the day—We'd say more but… (YouTube via The Daily What)

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Khamis, 13 Disember 2012

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RHB raises Gamuda’s fair value

Posted: 13 Dec 2012 06:47 PM PST

RHB Research raised Gamuda Bhd's fair value to RM4.49 per share from RM4.29 after the construction firm's first quarter ending on Oct. 31, 2012 came in slightly above the research house's expectation, but within consensus.

"We see value in Gamuda as it has given a strong start. We believe the SBK MRT Line (Sungai Buloh-Kajang Mass Rapid Transit Line) project has gone beyond 'the point of no return'," RHB said in a research note on Friday, maintaining 'outperform' on the stock.

RHB said once Malaysia's 13th general election is over, investors will refocus on fundamentals of construction stocks, which may appear to be reasonably attractive underpinned by a construction upcycle backed by various large-scale infrastructure, property and oil and gas projects.

As of 10.07am, shares of Gamuda dropped 0.55 per cent to 3.62 ringgit per share, while the construction index rose 0.08 per cent. - Bernama

KL shares slump in early trade

Posted: 13 Dec 2012 05:41 PM PST

At 9.30 am today, there were 79 gainers, 152 losers and 162 counters traded unchanged on the Bursa Malaysia.

The FBM-KLCI was at 1,645.05 down 7.70 points, the FBMACE was at 4,149.40 up 9.67 points, and the FBMEmas was at 11,162.02 down 44.46points.

Turnover was at 106.748 million shares valued at RM57.397 million. -- BERNAMA

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Russian Envoy Says Syrian Leader Is Losing Control - New York Times

Posted: 13 Dec 2012 09:16 AM PST

MOSCOW — Russia's top Middle East diplomat and the leader of NATO offered dark and strikingly similar assessments of the embattled Syrian president's future on Thursday, asserting that he was losing control of the country after a nearly two-year conflict that has taken 40,000 lives and has threatened to destabilize the Middle East.

The bleak appraisals — particularly from Russia, a steadfast strategic Syrian ally — amounted to a new level of pressure on the Syrian president, Bashar al-Assad, who has been resorting to increasingly desperate military measures, including the use of Scud ballistic missiles, to contain an armed insurgency that has encroached on the capital, Damascus.

The Russian diplomat, Deputy Foreign Minister Mikhail Bogdanov, acknowledged that Mr. Assad's forces could be defeated by rebels, whom the Syrian leader has repeatedly dismissed as ragtag foreign-backed terrorists with no popular support.

"Unfortunately, it is impossible to exclude a victory of the Syrian opposition," said Mr. Bogdanov — the clearest indication to date that Russia believed that Mr. Assad could lose.

Mr. Bogdanov's remarks, reported by Russia's Interfax news service, came as the secretary general of NATO, Anders Fogh Rasmussen, told reporters in Brussels that Mr. Assad's use of ballistic missiles, which Western officials monitoring the Syrian conflict reported on Wednesday — and which Syria has denied — reflected his "utter disregard" for Syrian lives. Mr. Rasmussen also predicted the demise of Mr. Assad's government.

"I think the regime in Damascus is approaching collapse," he told reporters after a meeting with the Dutch prime minister at NATO headquarters. "I think now it is only a question of time."

While the leaders of NATO member states have made similar predictions before, the assertion by Mr. Rasmussen, the leader of the Western military alliance, reinforced a growing consensus that Mr. Assad's options for remaining in power had been all but exhausted — a view now apparently shared by Russia.

Throughout the Syria crisis, as it has grown from peaceful protests in March 2011 to engulf the country in armed conflict, Russia has acted as Syria's principal international shield, protecting Mr. Assad diplomatically from Western and Arab attempts to oust him and holding out the possibility of his staying in power during a transition.

Only in recent days has Russia's view seemed to shift, while Mr. Assad's foes, grouped in a newly minted and still uncertain coalition, have garnered ever broader international support as the legitimate representatives of the Syrian people.

"We must look squarely at the facts, and the trend now suggests that the regime and the government in Syria are losing more and more control and more and more territory," Mr. Bogdanov said in remarks to Russia's Public Chamber, a Kremlin advisory group, according to Interfax.

Russia, he said, was preparing to evacuate its citizens — a complex task, since for decades, Russian women have married Syrian men sent to study in Russia and returned to Syria with them to raise families.

It was the first time an official at Mr. Bogdanov's level had announced plans for an evacuation, which sent a message to the Syrian government that Russia no longer held out hope that the government could prevail. He said Russia had a plan to withdraw its personnel from its embassy in the Syrian capital, Damascus, but that was s not yet necessary. Russia's press attaché in Damascus confirmed this, telling Interfax that there was "no sharp deterioration" in conditions there.

Mr. Bogdanov offered a dark view of how the conflict would unfold from this point, saying that it took two years for the rebels to control 60 percent of Syria's territory, and another year and a half will pass before they control the rest.

"If up until now 40,000 people have died, then from this point forward it will be crueler, and you will lose dozens or many hundreds of thousands of people," he said. "If you accept this price to topple the president, what can we do? We of course consider this totally unacceptable."

As the Russian official spoke, fresh evidence of the intensity of the battle emerged. During the civil war, Moscow has been the principal arms supplier for the Damascus government, as it has been for decades. Obama administration and NATO officials said on Wednesday that Syrian government forces had resorted to firing Scud missiles at rebel fighters as the government struggled to slow the momentum of the insurgency.

Ellen Barry reported from Moscow, and Rick Gladstone from New York. Alan Cowell contributed reporting from London and Anne Barnard from Beirut, Lebanon.

On "fiscal cliff," Boehner shifts the focus from taxes to spending cuts - CBS News

Posted: 13 Dec 2012 09:20 AM PST

As the "fiscal cliff" negotiations have seemed to hit a stalemate, House Speaker John Boehner forcefully argued that the discussion shouldn't be about raising taxes but cutting spending and that is what's holding up any prospects of a deal.

"It's clear the president is just not serious about cutting spending. But spending is the problem," Boehner said today. "The president wants to pretend spending isn't the problem. That's why we don't have an agreement."

Republicans are demanding that President Obama agree to more spending cuts. The main components of the president's latest offer includes $600 billion in cuts with $1.4 trillion in tax increases. The Republican offer, meanwhile, is the inverse. It includes $800 billion in revenue increases and $1.4 trillion in spending cuts.

The president appears to be winning the public relations debate as polls have consistently shown that Republicans will bear the brunt of the blame if no deal is reached on the "fiscal cliff."

Meantime, while Boehner continues to resist tax increases, rank-and-file Republicans are publicly admitting that tax rates, at least on top earners, are likely to increase. The president will "get his wish," Sen. Jim DeMint, R-S.C., today on "CBS This Morning."

Prior to Boehner's remarks, House Minority Leader Nancy Pelosi, D-Calif., sharply criticized the Republican latest counter-proposal saying it "had more signatures than ideas."

"It had, like, one number," Pelosi said on its lack of specifics.

On the debate over how to deal with entitlement spending, the president has indicated a willingness to raise the eligibility age of Medicare from 65 to 67 but Pelosi once again laid down different boundaries. "Don't even think about raising the Medicare age," she said.

Spending is also not the only area Boehner would like to see the president budge. He wants the president to forgo his demand that the debt ceiling be lifted.

Pelosi said a deal must be reached in the next couple of days or by next week for the "fiscal cliff" to be averted before Jan 1.

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