Rabu, 19 Jun 2013

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Jimmy Hoffa search finds no sign of ex-Teamsters leader in Detroit suburb - CBS News

Posted: 19 Jun 2013 08:52 AM PDT

Updated at 11:31 a.m. ET

OAKLAND TOWNSHIP, Mich. The excavation of a rural field in suburban Detroit has failed to turn up the remains of former Teamsters union leader Jimmy Hoffa, the FBI announced Wednesday, adding another unsuccessful chapter to a nearly 40-year-old mystery.

Authorities stopped the dig after just a few hours on the third day.

"We did not uncover any evidence relevant to the investigation on James Hoffa," said Robert Foley, head of the FBI in Detroit.

"I am very confident of our result here after two-days-plus of diligent effort," he said. "As of this point, we'll be closing down the excavation operation."

Authorities have pursued multiple leads as to Hoffa's whereabouts since his disappearance in 1975. He was last seen outside an Oakland County restaurant where he was to meet with a New Jersey Teamsters boss and a Detroit Mafia captain.

The latest tip about Hoffa's remains came from reputed Mafia captain Tony Zerilli, who, through his lawyer, said Hoffa was buried beneath a concrete slab in a barn in Oakland Township, north of Detroit.

According to Zerilli, Hoffa was the victim of a hit ordered by a mob boss who was worried that Hoffa would cut off his access to union funds, CBS News correspondent Elaine Quijano reported on "CBS This Morning" Wednesday.

Today, the barn is gone, but FBI agents on Monday starting poring over the field where it used to stand.

On Tuesday, authorities used a backhoe to dig and move dirt around in the section of land. Authorities also called in forensic anthropologists from Michigan State University and cadaver dogs from the Michigan State Police.

"Certainly, we're disappointed" in the results, Foley told reporters Wednesday.

He said about 40 agents were involved in an operation that covered about an acre. The FBI has not put a cost on the search, but Foley said it's more important to solve a case.

"With any investigation we consider cost-benefits analysis," he said. "The FBI and its partners are no corporations. We do not have a profit margin as a bottom line."

Hoffa's rise in the Teamsters, his 1964 conviction for jury tampering and his presumed murder are Detroit's link to a time when organized crime, public corruption and mob hits held the nation's attention. Over the years, authorities have received various tips, leading the FBI to possible burial sites near and far.

In 2003, a backyard swimming pool was dug up 90 miles northwest of Detroit. Seven years ago, a tip from an ailing federal inmate led to a two-week search and excavation at a horse farm in the same region. Last year, soil samples were taken from under the concrete floor of a backyard shed north of the city. And detectives even pulled up floorboards at a Detroit house in 2004.

No evidence of Hoffa was found.

Other theories have suggested he was entombed in concrete at Giants Stadium in New Jersey, ground up and thrown in a Florida swamp or obliterated in a mob-owned fat-rendering plant.

Zerilli, now 85, was in prison for organized crime when Hoffa disappeared. But he told New York TV station WNBC in January that he was informed about Hoffa's whereabouts after his release. His attorney, David Chasnick, said Zerilli is "intimately involved" with people who know where the body is buried.

Details are in a manuscript Zerilli is selling online.

In his 22-page manuscript, Zerilli wrote, "A cement slab of some sort was placed on top of the dirt to make certain he was not going to be discovered. And that was it. End of story."

Zerilli, who was reportedly once the number two in command of Detroit's mafia, said the mythical tales of Hoffa's demise were just that.

In the manuscript, which he is selling online for $4.99, Zerilli wrote: "In the movies, people drive around with bodies in a trunk and put them in meat grinders and incinerators, bury them in stadiums, put them through wood chippers and so on and so forth. Those things just don't happen in real life."

Obama defends intelligence tactics in wary Berlin - Reuters

Posted: 19 Jun 2013 09:12 AM PDT

U.S. President Barack Obama speaks from behind a bulletproof glass at the Brandenburg Gate in Berlin, June 19, 2013. REUTERS/Fabrizio Bensch

BERLIN | Wed Jun 19, 2013 12:06pm EDT

(Reuters) - President Barack Obama defended U.S. anti-terrorism tactics on a visit to Berlin on Wednesday, telling wary Germans Washington was not spying on the emails of ordinary citizens and promising to step up efforts to close the Guantanamo Bay prison.

On the 50th anniversary of John F. Kennedy's famous "Ich bin ein Berliner" speech, Obama made his first presidential visit to the German capital, a favored destination of U.S. leaders during the Cold War.

He held talks with Chancellor Angela Merkel and gave a speech at the Brandenburg Gate in which he unveiled a proposal for new talks with Russia on slashing nuclear arms arsenals.

Obama, who attracted a crowd of 200,000 adoring fans when he last passed through in 2008 during his first campaign for the presidency, remains popular in Germany.

But revelations before the trip of a covert U.S. Internet surveillance program, code-named Prism, caused outrage in a country where memories of the eavesdropping East German Stasi secret police are still fresh.

Merkel said at a joint news conference that also touched on Afghanistan, Syria and the global economy, that the two leaders had held "long and intensive" talks on the spying issue, noting that some questions still needed to be cleared up.

Obama tried to reassure his host, who as a pastor's daughter growing up in the communist East experienced the Stasi first-hand.

"This is not a situation in which we are rifling through the ordinary emails of German citizens or American citizens or French citizens or anybody else," Obama said.

"This is not a situation where we simply go into the Internet and start searching any way we want. This is a circumscribed system directed at us being able to protect our people and all of it is done under the oversight of the courts."

In a message which seemed designed for her domestic audience, Merkel told Obama that balance was essential in government monitoring of Internet communications.

"I made clear that although we do see the need for gathering information, the topic of proportionality is always an important one and the free democratic order is based on people feeling safe," said the 58-year-old chancellor.

Obama countered that the U.S. had thwarted at least 50 threats because of its monitoring program, including planned attacks in Germany.

"So lives have been saved and the encroachment on privacy has been strictly limited," he said.

A poll last week showed 82 percent of Germans approve of Obama, but the magic of 2008, when he was feted like a rock star, has faded amid concerns about his anti-terrorist tactics.

COMMON VALUES

In his speech to 4,000 invited guests at the Brandenburg Gate, Obama harked back to Kennedy by stressing what he called common values of openness and tolerance.

"We can be a little more informal among friends," he joked as he took off his jacket in the sweltering sun on the Pariser Platz square, just east of the Gate that once stood alongside the Berlin Wall dividing the communist East from the capitalist West of the city.

Earlier, at the news conference, he touched on tensions with Afghan President Hamid Karzai over U.S. plans to begin talks with the Taliban to try to seek a negotiated peace after 12 years of war, acknowledging "huge mistrust" between the Western-backed government in Kabul and its arch-foes.

"We do think that ultimately we're going to need to see Afghans talking to Afghans about how they can move forward and end the cycle of violence there so they can start actually building their country," Obama said.

On Syria, Obama said reports that the United States was ready to "go all in" to war in the country were exaggerated. He reiterated his view that President Bashar al-Assad's government had used chemical weapons, while acknowledging that Russia was skeptical on this point.

Obama declined to give specifics on new military aid Washington plans to provide to Syrian rebels.

Obama arrived in Germany after a two-day summit with Group of Eight leaders in Northern Ireland where he and other leaders clashed with Russian President Vladimir Putin over Syria.

Despite these divisions, he said he would engage with Moscow on reducing deployed nuclear weapons by up to a third from previously agreed levels.

"I intend to seek negotiated cuts with Russia to move beyond Cold War nuclear postures," Obama said.

In 2008, Merkel refused to allow Obama, then a senator from Illinois, to speak at the Brandenburg Gate because he was not yet president.

Despite this awkward start, the Democrat has forged a pragmatic relationship with the conservative Merkel, who may be hoping for a political boost out of the visit months before a German election.

DRONES

In a nod to criticism, Obama defended his failure to close the Guantanamo Bay prison on Cuba that his predecessor George W. Bush opened after the invasion of Afghanistan in 2001, shortly after the September 11 attacks in New York and Washington.

He also reassured Germans that the U.S. military was not using German bases to launch unmanned drone attacks.

For Obama, who grew up in Hawaii and spent part of his childhood in Indonesia, Europe has sometimes seemed an after-thought. The signature foreign policy initiative of his first term was his "pivot" to Asia.

But analysts say plans to create a free-trade zone between the United States and European Union are a sign that he is focusing more on Europe.

"The Obama administration has found it harder than expected to work with emerging powers and has fallen back to a more traditional reliance on European allies," said Charles Kupchan, professor of international affairs at Georgetown University.

"Washington doesn't have better options. And when it comes to who to engage in Europe, Germany grows stronger and stronger."

(Additional reporting by Stephen Brown, Roberta Rampton, Annika Breidthardt, Alexandra Hudson, Michelle Martin; Editing by Angus MacSwan and Ralph Boulton)

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Selasa, 18 Jun 2013

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FBM KLCI rises in early trade

Posted: 18 Jun 2013 06:42 PM PDT

Malaysia's benchmark stock index rose in early trade, extending its recovery in tandem with a steady Wall Street performance, led by gain in oil and gas firms such as Petronas Gas Bhd (PGB) and Bumi Armada Bhd.

The index, which rose 0.11 per cent in early trade, outperformed MSCI's broadest index of Asia Pacific shares outside Japan that fell 0.08 per cent, while it underperformed Tokyo's Nikkei share average, which rose 1.77 per cent.

"The benchmark index may gyrate sideways with a slight positive bias today with its immediate resistance barrier standing at 1,785 currently," HwangDBS said in a research note to clients on Wednesday.

HwangDBS also said investors will watch Berjaya Sports Toto Bhd after the company reported a 17 per cent year-on-year drop in its fourth quarter profit on Tuesday, hurt by higher operating expenses.

The index was up 0.26 per cent at 1,778.7 at 9.13am in Kuala Lumpur.-- Reuters

KL shares open higher in early trading

Posted: 18 Jun 2013 06:55 PM PDT

Share prices on Bursa Malaysia opened higher in early trading today, supported by gains mostly seen in selected blue chips led by Petronas Gas, dealers said.

Sixteen minutes after opening, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 8.34 points to 1,782.39, the highest level so far today.

At the opening, the barometer index rose 3.21 points to 1,777.26 from yesterday's close at 1,774.05.

Petronas Gas, which accounted for 1.393 points of the benchmark index's rise, gained 38 sen to RM21.48.

HwangDBS Vickers Research said the local bourse could extend its recovery in tandem with a steadier Wall Street performance.

"The benchmark FBM KLCI may gyrate sideways with a slight positive bias today, with its immediate resistance barrier standing at 1,785 currently," it said in a research note today.

Last night, leading US equity bellwethers rose between 0.8 per cent and 0.9 per cent, as investors await the outcome of the Federal Open Market Committee meeting.

"Essentially, by tomorrow morning Malaysia time, we hope to get an insight whether the policymakers intend to wind down the monetary stimulus programme anytime soon," said the research house.

On the scoreboard, the Finance Index surged 82.43 points to 16,945.78, the Industrial Index rose 11.73 points to 3,034.32 while the Plantation Index improved 35 points to 8,433.89.

The FBM Emas Index increased 55.68 points to 12,399.58, the FBMT100 Index was 54.53 points higher at 12,157.5, the FBM Mid 70 Index jumped 54.41 points to 14,263.66 and the FBM Ace Index added 3.67 points to 4,790.19.

Gainers thumped losers by 223 to 65 while 165 counters were unchanged, 1,125 untraded and 14 others were suspended.

Total turnover was at 127.212 million shares worth RM60.415 million.

Among actives, Eti Tech shed half sen to 8.5 sen, Flonic Hi-Tec eased one sen to 7.5 sen while Nova MSC edged up one sen to 6.5 sen.

Heavyweights, Maybank garnerd six sen to RM10.50, CIMB rose five sen to RM8.32, Sime Darby earned two sen to RM9.57 while Axiata slipped one sen to RM6.63.-- Bernama

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US says Taliban agrees to Afghanistan peace talks - Los Angeles Times

Posted: 18 Jun 2013 07:20 AM PDT

Afghanistan

NATO solders walk towards a Chinook helicopter after a ceremony at a military academy on the outskirts of Kabul, Afghanistan. (Rahmat Gul / Associated Press / June 18, 2013)

ENNISKILLEN, Northern Ireland -- Senior Obama administration officials said Tuesday that the Taliban has agreed to participate in peace talks based in Qatar, a key step forward in the effort to jump-start a political resolution of the war in Afghanistan ahead of U.S. plans to withdraw troops.

Officials said direct talks between U.S. officials and Taliban representatives could begin this week in Doha and would be followed soon after by a meeting between the Taliban and the High Peace Council, which will represent the Afghan government in the talks.

The opening of the Qatar office has long been a goal of U.S. officials seeking to move forward a diplomatic process ahead of the planned withdrawal of U.S. forces next year. Officials expressed cautious optimism about the prospects of the negotiations, and stressed that U.S. will act as a "facilitator" in the process.

"The core of the process is not going to be U.S.-Taliban talks," said one senior official, who requested anonymity to discuss the matter ahead of a formal announcement. "The core of it is going to be negotiation among Afghans and the level of trust on both sides is, as one would expect, extremely low."

U.S. officials have long pushed for the opening of the office in Qatar as part of the push toward a diplomatic resolution to the war. But even as they announced the news, a bombing targeting a prominent politician in Kabul demonstrated the challenges ahead. 

Tuesday's attack preempted a ceremony marking the formal handoff of security responsibility from NATO to Afghan National Security Forces. NATO combat forces are slated to leave by the end of 2014.

Officials made the announcement as President Obama attended a meeting of the Group of 8 industrialized nations.

ALSO:

Tens of thousands protest conditions in Brazil

Bombing mars final NATO transfer of Afghan security duties

Presidents Obama and Putin share icy encounter over Syria 


NSA director defends sweeping surveillance program, says plot against Wall ... - Washington Post

Posted: 18 Jun 2013 08:25 AM PDT

Army Gen. Keith Alexander said the two recently disclosed programs — one that gathers U.S. phone records and another that is designed to track the use of U.S.-based Internet servers by foreigners with possible links to terrorism — are critical in the terrorism fight.

Intelligence officials have disclosed some details on two thwarted attacks, and Alexander offered some information on other attempts.

He said the NSA was monitoring a known extremist in Yemen who was in contact with an individual in the United States. Identifying that person and other individuals, Alexander said, officials "were able to detect a nascent plot to bomb the New York Stock Exchange. ... The FBI disrupted and arrested these individuals."

The programs "assist the intelligence community to connect the dots," Alexander told the committee in a rare, open Capitol Hill hearing.

Alexander got no disagreement from the leaders of the panel, who have been outspoken in backing the programs since Edward Snowden, a 29-year-old former contractor with Booz Allen Hamilton, disclosed information to The Washington Post and the Guardian newspapers.

Rep. Mike Rogers, R-Mich., chairman of the committee, and Rep. C.A. Dutch Ruppersberger of Maryland, the panel's top Democrat, said the programs were vital to the intelligence community and assailed Snowden's actions as criminal.

"It is at times like these where our enemies within become almost as damaging as our enemies on the outside," Rogers said.

Ruppersberger said the "brazen disclosures" put the United States and its allies at risk.

The general counsel for the intelligence community said the NSA cannot target phone conversations between callers inside the U.S. — even if one of those callers was someone they were targeted for surveillance when outside the country.

The director of national intelligence's legal chief, Robert S. Litt, said that if the NSA finds it has accidentally gathered a phone call by a target who had traveled into the U.S. without their knowledge, they have to "purge" that from their system. The same goes for an accidental collection of any conversation because of an error.

Litt said those incidents are then reported to the Foreign Intelligence Surveillance Court, which "pushes back" and asks how it happened, and what the NSA is doing to fix the problem so it doesn't happen again.

The hearing came the morning after President Barack Obama, who is attending the G-8 summit in Ireland, vigorously defended the surveillance programs in a lengthy interview Monday, calling them transparent — even though they are authorized in secret.

"It is transparent," Obama told PBS' Charlie Rose in an interview. "That's why we set up the FISA court," the president added, referring to the secret court set up by the Foreign Intelligence Surveillance Act that authorizes two recently disclosed programs: one that gathers U.S. phone records and another that is designed to track the use of U.S.-based Internet servers by foreigners with possible links to terrorism.

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Isnin, 17 Jun 2013

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Ringgit opens softer against US dollar

Posted: 17 Jun 2013 06:55 PM PDT

The ringgit continued its downtrend against the US dollar, in early trade, on selling pressure with growing expectation that the US will pare down its bond-buying programme which will reduce the amount of money flowing into Asian financial markets, dealers said.

The ringgit weakened to 3.1455/1485 against the greenback from 3.1315/1345 yesterday.

The local currency eased against the Singapore dollar to 2.5034/5074 from 2.4966/5010 yesterday and declined against the yen to 3.3184/3226 from 3.3015/3054.

It dipped against the British pound to 4.9444/9494 from 4.9199/9256 on Monday and depreciated against the euro to 4.2036/2080 from 4.1787/1833 yesterday.-- Bernama

Short-term rates to remain stable

Posted: 17 Jun 2013 07:14 PM PDT

Short-term interbank rates are expected to remain stable today as Bank Negara Malaysia (BNM) intervenes to absorb excess
liquidity from the financial system.

The central bank estimated today's liquidity at RM26.448 billon in the conventional system and RM3.042 billion in Islamic funds.

The BNM will call for a RM6 billion money market tender with range maturity auction for two days to 92 days.

It will also conduct Crepo tenders comprising RM200 million for 30 days and RM500 million for 122 days.


The central bank will carry out Al-Wadiah tenders of RM400 million each for seven days and 21 days and RM500 million for 14 days.

At 4pm, Bank Negara will conduct up to RM19.7 billion in conventional overnight tender and a RM1.8 billion Al-Wadiah overnight tender.-- Bernama

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Supreme Court: Arizona law requiring citizenship proof for voters is illegal - Fox News

Posted: 17 Jun 2013 08:19 AM PDT

The Supreme Court ruled Monday that states cannot on their own require would-be voters to prove they are U.S. citizens before using a federal registration system designed to make signing up easier.

The justices voted 7-2 to throw out Arizona's voter-approved requirement that prospective voters document their U.S. citizenship in order to use a registration form produced under the federal "Motor Voter" voter registration law.

Federal law "precludes Arizona from requiring a federal form applicant to submit information beyond that required by the form itself," Justice Antonia Scalia wrote for the court's majority.

The court was considering the legality of Arizona's requirement that prospective voters document their U.S. citizenship in order to use a registration form produced under the federal "motor voter" registration law. The 9th U.S. Circuit Court of Appeals said that the National Voter Registration Act of 1993, which doesn't require such documentation, trumps Arizona's Proposition 200 passed in 2004.

Arizona appealed that decision to the Supreme Court.

"Today's decision sends a strong message that states cannot block their citizens from registering to vote by superimposing burdensome paperwork requirements on top of federal law," said Nina Perales, vice president of litigation for the Mexican American Legal Defense and Educational Fund and lead counsel for the voters who challenged Proposition 200.

"The Supreme Court has affirmed that all U.S. citizens have the right to register to vote using the national postcard, regardless of the state in which they live," she said.

The case focuses on Arizona, which has tangled frequently with the federal government over immigration issues involving the Mexican border. But it has broader implications because four other states -- Alabama, Georgia, Kansas and Tennessee -- have similar requirements, and 12 other states are contemplating such legislation.

Justices Clarence Thomas and Samuel Alito dissented from the court's ruling.

The Constitution "authorizes states to determine the qualifications of voters in federal elections, which necessarily includes the related power to determine whether those qualifications are satisfied," Thomas said in his dissent.

Opponents of Arizona's law see it as an attack on vulnerable voter groups such as minorities, immigrants and the elderly. They say they've counted more than 31,000 potentially legal voters in Arizona who easily could have registered before Proposition 200 but were blocked initially by the law in the 20 months after it passed in 2004. They say about 20 percent of those thwarted were Latino.

Barbara Arnwine, president and executive director of the Lawyers' Committee for Civil Rights Under Law, called the decision a victory. "The court has reaffirmed the essential American right to register to vote for federal election without the burdens of state voter suppression measures," she said.

But Arizona officials say they should be able to pass laws to stop illegal immigrants and other noncitizens from getting on their voting rolls. The Arizona voting law was part of a package that also denied some government benefits to illegal immigrants and required Arizonans to show identification before voting.

The federal "motor voter" law, enacted in 1993 to expand voter registration, requires states to offer voter registration when a resident applies for a driver's license or certain benefits. Another provision of that law -- the one at issue before the court -- requires states to allow would-be voters to fill out mail-in registration cards and swear they are citizens under penalty of perjury, but it doesn't require them to show proof. Under Proposition 200, Arizona officials require an Arizona driver's license issued after 1996, a U.S. birth certificate, a passport or other similar document, or the state will reject the federal registration application form.

While the court was clear in stating that states cannot add additional identification requirements to the federal forms on their own, it was also clear that the same actions can be taken by state governments if they get the approval of the federal government and the federal courts.

Arizona can ask the federal government to include the extra documents as a state-specific requirement, Scalia said, and take any decision made by the government on that request back to court.  Other states have already done so, Scalia said.

The Election Assistance Commission "recently approved a state-specific instruction for Louisiana requiring applicants who lack a Louisiana driver's license, ID card or Social Security number to attach additional documentation to the completed federal form," Scalia said.

The case is 12-71, Arizona v. Inter Tribal Council of Arizona, Inc.

UPDATE 2-US justices say FTC can challenge deals that keep generic drugs off ... - Reuters

Posted: 17 Jun 2013 08:51 AM PDT

Mon Jun 17, 2013 11:50am EDT

By Lawrence Hurley and Diane Bartz

(Reuters) - The U.S. Supreme Court ruled on Monday that regulators can challenge the deals brand-name drug companies make with generic rivals that delay cheaper products from going on the market, deals that regulators say boost total costs of the medicines by billions of dollars.

In a 5-3 vote, with Justice Samuel Alito recused, the court said the Federal Trade Commission can challenge a deal it was examining. But the court declined the FTC's request to declare the deals to be presumed to be illegal.

The companies involved in the deal the court was examining were brand-name drug maker Solvay Pharmaceuticals Inc, now owned by AbbVie ; and generic makers Actavis Inc, previously Watson Pharmaceuticals; Paddock Laboratories Inc, now part of Perrigo Co, and Par Pharmaceutical Cos .

In the deals in question, which regulators have branded "pay-for-delay," brand-name manufacturers settle patent infringement litigation by paying generic manufacturers to stay out of the market for a specified period.

The Federal Trade Commission has fought the practice in court for more than a decade.

In the case before the court, Solvay sued generic drugmakers in 2003 to stop the sale of cheaper versions of AndroGel, a gel used to treat men with low testosterone.

In a settlement of the lawsuit, Solvay paid as much as $30 million annually to the generic drug makers to help preserve its annual profits from AndroGel, estimated at $125 million.

Under the deal, the three would keep their generic versions off the market until 2015. The patent expires in 2020.

The FTC filed a lawsuit against the companies in 2009, arguing that the companies had simply split up Solvay's monopoly profits and prevented the generic firms from bringing out a cheaper version of the drug.

The FTC lost at the district court level, and that loss was affirmed by 11th Circuit Court of Appeals. The Supreme Court overturned the appeals court ruling and sent the case back to the lower courts for further proceedings.

POTENTIAL HARM TO COMPETITION

In his opinion for the majority, Justice Stephen Breyer wrote that the deals have the potential to hurt competition.

"Settlement on the terms said by the FTC to be at issue here - payment in return for staying out of the market - simply keeps prices at patentee-set levels, potentially reducing the full patent-related $500 million monopoly return while dividing that return between the challenged patentee and the patent challenger," Breyer wrote. "The patentee and the challenger gain; and the consumer loses."

The court said that not all such deals were illegal, suggesting that drug companies may be able to show that some pay for delay deals are legal under the "rule of reason," the opinion said.

Spokesmen for AbbVie, Paddock and Par were not immediately available for comment. The FTC also had no immediate comment.

The case is Federal Trade Commission v. Watson Pharmaceuticals Inc et al, U.S. Supreme Court, No. 12-416.

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Ahad, 16 Jun 2013

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Ringgit opens lower against US dollar

Posted: 16 Jun 2013 06:55 PM PDT

The ringgit was traded lower against the US dollar in early trading today on selling of the foreign currency as news of
the US trimming on its stimulus measures undermined sentiments in the financial markets, dealers said.

There are also concerns that there will be less money circulating in emerging markets, they said.

The ringgit was quoted at 3.1200/1230 from 3.1130/1160 against a US dollar on Friday.

The local currency was trader easier against the Singapore dollar at 2.4912/4946 from 2.4840/4884 Friday and was also lower against the yen at 3.2932/2978 from 3.2762/2797 last week.


The ringgit also weakened against the euro at 4.1602/1648 from 4.1481/1527 and depreciated against the British pound at 4.9018/9069 from 4.8631/8688 Friday.-- Bernama

KL shares slip further in early trading

Posted: 16 Jun 2013 06:53 PM PDT

Share prices on Bursa Malaysia slipped further in early trading today, continuing from last week's losses as investors took the cue from further downtrend on Wall Street last Friday, dealers said.

Ten minutes after opening, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 2.63 points to 1,759.56 from Friday's close at 1,762.19.

HwangDBS Vickers Research said negative vibes from the global equity markets may spill over to Asian equities today.

On Friday, the Wall Street, which ended in the red, saw leading US equity indices down between 0.6 per cent and 0.7 per cent at closing, renewed concerns of a premature withdrawal of monetary stimulus by the Federal Reserve, it said.

"Back home, the key FBM KLCI could surrender parts of its 19.3-point gain chalked up last Friday. However, from a technical perspective, we reckon the benchmark index will likely find intermediate support at the 1,750 level," said the research house in a note today.

On the scoreboard, the Finance Index was 31.371 points lower at 16,637.43, the Industrial Index eased 2.18 points to 3,001.33 and the Plantation Index lost 29.5 points to 8,370.82.

The FBM Emas Index shed 15.631 points to 12,235.52, the FBMT100 dwindled 15.96 points to 11,995.05, the FBM Mid 70 Index eased 10.87 points to 14,045.89 while the FBM Ace Index rose 21.72 points to 4,775.99.

It was thin trading at the bourse with gainers leading losers by 93 to 91, with 137 counters unchanged, 1,262 untraded and 19 suspended.

Turnover stood at 81.288 million shares worth RM32.275 million.

Among actives, Patimas Computers and Sycal Ventures were both unchanged at five sen and 41 sen, respectively, while Eti Tech Corporation lost one sen to 8.5 sen.

Heavyweights, Maybank declined four sen to RM10.14, CIMB eased five sen to RM8.12 while Sime Darby was unchanged at RM9.53.

Axiata Group gained one sen to RM6.63.-- Bernama

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Obama doesn't think NSA programs violated Americans' privacy, WH says - CBS News

Posted: 16 Jun 2013 07:59 AM PDT

(CBS News) President Obama does not believe his administration has violated the privacy of any American in light of leaked documents detailing sweeping government surveillance programs, White House Chief of Staff Denis McDonough said Sunday on "Face the Nation," and he plans to make clear that sentiment "in the days ahead."

Claims from Edward Snowden - the former National Security Agency computer technician who leaked top-secret documents detailing the surveillance reach - that he, sitting at his desk, had the authorities to wiretap anyone, "from you or your accountant, to a federal judge, to even the president if I had a personal email" are "incorrect" and will be adjudicated over time, McDonough said.

McDonough would not say, however, that the government is entirely in the right in its collection of phone records and mining of data from the servers of nine major Internet companies: "If there's problems, we're gonna get to the bottom of them," he said. "We do have to find the right balance, especially in this new situation when we find ourselves, with all of us reliant on Internet, on email, on texting. So we find ourselves communicating in different ways - but that means the bad guys are doing that as well.

Hong Kong: Edward Snowden's welcoming refuge
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Keeping in mind that the programs were designed to track movement and communication of suspected terrorists, McDonough went on, "the president recognizes more than anybody that he has a fundamental obligation to the American people, and that's to keep them safe. But he also swore an oath to uphold the Constitution. He believes that we can do both, he believes that we are doing both, and he's proud of the work that we've been able to undertake to do that."

Mr. Obama is not simply telling Americans, "trust me," McDonough d, tossing to the famous Reagan doctrine, "trust but verify;" "the president is saying, 'I want every member of Congress, on whose authority we are running this program, to understand it, to be briefed on it, and to be comfortable with it.'"

Having entered office in 2009 "pretty skeptical" about the importance and reach of federal surveillance programs, Mr. Obama "changed many things," and in 2009 and 2011 presented a "classified white paper" of the programs to all 535 U.S. lawmakers, so "at the end of the day," McDonough continued, "it was bipartisan majorities that enacted these." McDonough also pointed to oversight of the programs by the Foreign Surveillance Intelligence Court, as well as independent audits.

Indeed, Rep. Mike Rogers, R-Mich. - chairman of the House Intelligence Committee - agreed later on the program: The NSA programs are "legal" and "comport with the Constitution." But it's the "pattern of deception" coming out of "scandals" like Benghazi and the Justice Department's seizure of journalists' phone records, he argued, that "made it very, very difficult to explain" why the surveillance programs were different.

On Saturday, two top intelligence officials reported that the NSA data collection had successfully thwarted potential terrorist plots in the United States and more than 20 other countries. Rogers explained the way the terrorist-tracking works without violating civil liberties:

"We take the business records by a court order, and it's just phone numbers - no names, no addresses - put it in a lock box," Rogers said. "And if they get a foreign terrorist overseas that's dialing in to the United Sates, they take that phone number... they plug it into this big pile, if you will, of just phone numbers - it's like a phonebook without any names and any addresses with it - to see if there's a connection, a foreign terrorist connection to the United States.

"When a number comes out of that lock box," he continued, "it's just a phone number - no names, no addresses. If they think that's relevant to their counterterrorism investigation, they give that to the FBI. Then upon the FBI has to go out and meet all the legal standards to even get whose phone number that is."

Police reinforcements arrive to quell Turkish protests - USA TODAY

Posted: 16 Jun 2013 07:49 AM PDT

Thousands of people take to the streets of Istanbul overnight, after riot police storm a park that had been occupied for more than two weeks by anti-government protesters. Powered by NewsLook.com

ISTANBUL -— Riot police reinforcements arrived in Istanbul on Sunday morning to help quell demonstrations across the city, as protesters remained defiant a day after police evicted activists from Gezi Park.

Bulldozers cleared the tent city and barricades set up by protesters on Taksim Square while police sealed off the area to keep demonstrators away from the spot that has become the focus of the strongest challenge to Prime Minister Recep Tayyip Erdogan in his 10 years in office.

Amnesty International reported four people have died and thousands have been injured since the unrest began May 31 when riot police attempted to remove protesters from Gezi Park, which is slated for demolition. The Turkish Medical Association puts the number of injured at 7,500.

Taksim Solidarity — an umbrella group that helped organize the mass demonstrations against the government — has called on supporters to gather in Istanbul's Taksim Square.

Crowds amassed Sunday along several arteries leading to the square but are being held back by riot police firing tear gas and water cannon, witnesses told USA TODAY.

Meanwhile, senior figures in Erdogan's ruling Justice and Development Party have warned that anyone who defies a ban on the demonstrations would be considered a terrorist and treated accordingly.

"From now on the state will unfortunately have to consider everyone who remains there a supporter or member of a terror organization," Minister for European Union Affairs Egemen Bagis said late Saturday. "The protests from now on will play into the hands of some separatist organizations that want to break the peace and prioritize vandalism and terrorism."

Many demonstrators on the ground reject being labeled as extremists. Baris Uyar, 35, an electronic engineer, said he'd been demonstrating for more than two weeks.

"I don't know, of 10,000 people, there might be one person throwing a stone, but the police were throwing tear gas at those thousands of people," he said. "There is provocation on several sides, but the main duty of a democratic government is to prevent such things."

Amnesty said police detained more than 100 people overnight Saturday but refused to release information on their identities or whereabouts.

"Following a night of shocking police violence, the authorities are now denying due process to those they have detained," Andrew Gardner, Amnesty International's researcher in Istanbul, told reporters. "The police must release them immediately or disclose their location and allow access to family members and lawyers."

The London-based human rights group criticized police tactics of using tear gas and water cannon laced with a chemical irritant on thousands of demonstrators trying to reach Taksim Square.

"Protests have been overwhelmingly peaceful, and there is no legitimate reason to prevent all forms of protest in the area," Gardner said.

Erdogan is scheduled to address his supporters at a rally in the western part of the city on Sunday. Thousands are expected to attend the rally, which follows a similar event Saturday in the capital of Ankara, where the prime minister said his party spoke for a silent majority.

"The people of Turkey protect their government," he said Saturday. "The people of Turkey protect their democracy and willpower."

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