Egypt opposition says Islamists trying to stifle dissent






CAIRO (Reuters) – Egypt’s opposition accused President Mohamed Mursi‘s Islamist allies of trying to muzzle dissent on Friday after prosecutors decided to investigate whether prominent government critics were guilty of sedition.


The probe, which comes a month after Mursi replaced the chief prosecutor, further sours the political climate as the leader and his opponents face off over a new constitution that became law on Wednesday.






Critics of the new charter say it uses vague language, fails to enshrine the rights of women and minorities and does little to champion the rights of Egyptians who rose up last year to overthrow army-backed strongman Hosni Mubarak.


Supporters say it protects personal rights that were often trampled upon during the Mubarak era and a subsequent spell of army rule.


The constitution text won about 64 percent approval in a two-stage referendum but Mursi’s opponents vowed to continue protests and rejected his calls for a national dialogue.


Prosecutors ordered the inquiry into three of the president’s most prominent opponents on Thursday – former Arab League chief Amr Moussa, Nobel Peace Prize laureate Mohamed ElBaradei and leftist Hamdeen Sabahy.


Moussa and Sabahy both challenged Mursi for the presidency in a June election which followed the 2011 uprising.


The prosecutor’s office said the three had been accused of inciting supporters to rise up and overthrow Mursi, the country’s first fairly elected leader.


Mursi’s critics saw an attempt to intimidate them into silence and vowed to continue challenging his rule.


“I believe this is orchestrated by the Brotherhood leadership,” Hussein Abdel Ghani, a spokesman for the country’s main opposition umbrella group, told Reuters. “The Mubarak regime used to order the same tactics.”


“But we are going to use our full rights, our civil tactics, to demonstrate our opposition to this regime,” he said.


The charged atmosphere makes it harder for Mursi to bolster his authority and muster a consensus for unpopular austerity measures vital to preventing a weak economy from collapsing.


AN END TO TURMOIL


Mursi is hoping that the quick adoption of the constitution and holding elections to a permanent new parliament soon will help end the long period of turmoil since Mubarak’s overthrow in February 2011 that has wrecked the economy.


But the Egyptian pound tumbled to its weakest in almost eight years this week after the constitution was approved. People unnerved by the continued political tension rushed to hoard dollars and gold.


The government ordered new restrictions on foreign currency apparently designed to prevent capital flight. Leaving or entering with more than $ 10,000 cash is now banned.


Mursi was propelled into office thanks to the rallying power of his Muslim Brotherhood, the country’s main opposition group under Mubarak that was banned from formal politics for decades.


Ahmed Sobeih, a spokesman for the Brotherhood’s Freedom and Justice Party, dismissed Abdel Ghani’s accusation of an organised legal campaign against Mursi’s opponents.


“We must get away from the language of mutual accusations,” he said, adding that “dozens” of similar complaints had been filed against Brotherhood leaders.


Mursi appointed Chief Public Prosecutor Talaat Ibrahim when he assumed sweeping new powers on November 22. Ibrahim’s predecessor, Abdel Maguid Mahmoud, had served for many years under Mubarak.


Judicial sources said the inquiry against Moussa, ElBaradei and Sabahy followed a complaint from lawyers sympathetic to Mursi.


The trio are part of the National Salvation Front, an alliance of political groups that has spearheaded street protests against the government.


“The mere referral of these complaints to an investigative judge and the accompanying public announcement is already cause enough for serious concern,” said Heba Morayef, Egypt director at New York-based Human Rights Watch.


A spokesman for Moussa said the accusations against him were groundless.


“What we read in the papers are several allegations that we have denied over and over in the past few months,” said Ahmed Kamel, a spokesman for Moussa’s Congress Party. “They are completely unfounded and have no relation to reality.”


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Global shares rise before U.S. budget talks, yen at two-year low






LONDON (Reuters) – World shares and the euro edged higher on Friday as U.S. lawmakers prepared to resume negotiations on avoiding a fiscal crisis, while the yen hit a two-year low on the prospect of drastic monetary easing in Japan.


U.S. President Barack Obama and lawmakers are set to have a last round of talks before a New Year deadline to reach a deal on averting major tax increases and spending cuts which could drag the economy and others around the world into recession.






Obama and Vice President Joe Biden will meet congressional leaders from the Republican and Democrat parties at the White House at 2000 GMT.


The MSCI all world share index was up 0.15 percent shortly after trading opened in Europe. With London’s FTSE 100 <.ftse>, Paris’s CAC-40 <.fchi> and Frankfurt’s DAX <.gdaxi> all just in positive territory, the regional FTSEurofirst 300 <.fteu3> was up just over 0.1 percent and moving towards last week’s 19-month high.</.fteu3></.gdaxi></.fchi></.ftse>


Members of Congress were divided on the odds of success at the budget talks, but IG strategist Stan Shamu noted some hope in the markets. “There is growing optimism that a deal can be knocked (together) before the deadline,” IG strategist Stan Shamu wrote in a note.


In Asia, Japan’s benchmark Nikkei index hit a 21-month high as markets priced in a huge injection of stimulus by the Bank of Japan following the election of a new government. The expectations also pushed the yen to a new two-year low versus the dollar.


The yen has now fallen roughly 10.5 percent versus the dollar in 2012, its biggest annual drop since 2005. At the same time Japan’s benchmark Nikkei is up 22 percent for the year.


“The Japanese equity market has turned positive, providing good sentiment for global investors, with many making money and putting the money into commodity markets such as the oil market,” said Tetsu Emori, a commodity fund manager at Astmax in Tokyo.


The euro edged up past $ 1.325 as trading remained thin as Christmas holidays continued for many investors. It came as France reported its economy had grown 0.1 percent in the third quarter.


European bond markets were largely quiet. German Bund futures rose on concerns that a U.S. budget deal will, after all, remain elusive.


(editing by David Stamp)


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Instagram gains users in December despite recent uproar as Zynga gets pecked to death by rivals






Zynga (ZNGA), the Facebook (FB) app behemoth, still reigns supreme on its most important platform. But the erosion of its dominant position continues as smaller rivals keep chipping away at its market share. On December 26, Zynga-owned Facebook applications had 267 million Monthly Active Users, down 20 million in two weeks. Far behind it followed Microsoft (MSFT) with 70 million MAU, King.com with 65 million MAU and Instagram with 43 million MAU.


[More from BGR: Samsung looks to address its biggest weakness in 2013]






But whereas Zynga lost nearly 7% of its Monthly Active Users in the two-week run-up to Christmas, Microsoft managed to inch up by 700,000 users, King.com by 600,000 users and Instagram by 2.1 million users.


[More from BGR: New purported BlackBerry Z10 specs emerge: 1.5GHz processor, 2GB RAM, 8MP camera]


Of course, the Facebook crackdown on aggressive customer acquisition techniques has limited the growth of all third-party app developers. But the most important of Zynga’s smaller rivals have been able to avoid the kind of MAU erosion that is now plaguing the Facebook app champion.


What really pops out from Christmas Facebook app trends is the way Instagram has been able to ride a wave of negative publicity to perky 5% monthly user growth over the past two weeks.


The tsunami of wrath and sarcasm unleashed on Twitter has not reversed Instagram’s momentum. It might even be possible that floating an outrageous-sounding privacy policy and then quickly reversing it could have simply increased Instagram’s brand recognition and piqued consumer interest among those who are not deeply involved in app trends.


This certainly adds some piquancy to the breathless commentary about Instagram’s “fatal blunder” and “possibly irreversible damage.”


This article was originally published by BGR


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Taylor Swift’s “Red” tops Billboard chart after holiday season






LOS ANGELES (Reuters) – Country pop darling Taylor Swift retained the top spot of the Billboard 200 album chart on Thursday after strong sales during the holiday season that saw her album “Red” mark its sixth week at No. 1 since its release two months ago.


“Red” sold 275,000 copies last week ahead of the holidays, according to figures from Nielsen SoundScan.






Swift, 23, was able to hold off rapper T.I.‘s new album “Trouble Man: Heavy is the Head” from the top spot. The rapper came in at No. 2 after selling 178,000 copies.


T.I.‘s latest record was the only new release by an individual artist to debut in the top 10 this week. The entries comprised holiday favorites such as Michael Buble‘s “Christmas” at No. 5 and some of this year’s chart-toppers, including One Direction’s “Take Me Home” at No. 4 and “Babel” by Mumford & Sons at No. 8.


Two compilation albums rounded out the top 10, with “12-12-12 The Concert for Sandy” at No. 9 and the latest Now Music installment, “Now 44″ at No. 10.


The star-studded “12-12-12″ compilation was released to raise funds for victims of superstorm Sandy following a live concert at New York’s Madison Square Gardens on December 12.


The album features live recordings of songs by Bruce Springsteen, Roger Waters, The Rolling Stones and Alicia Keys.


(Reporting By Piya Sinha-Roy; Editing by Eric Kelsey and David Brunnstrom)


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Program helps veterans reintegrate through music






MONTCLAIR, N.J. (AP) — During stressful times as a combat medic in Afghanistan, Mason Sullivan found solace in Vivaldi. New Jersey native Nairobi Cruz was comforted by country music, a genre she had never heard before joining the Army. For Jose Mercedes, it was an eclectic iPod mix that helped him cope with losing an arm during a tour of duty in Iraq.


These three young veterans all say music played a crucial role in alleviating the stresses of active duty. Now, all three are enrolled in a program that hopes to use music to ease their reintegration into civilian life.






“It’s a therapy session without the ‘sit down, lay down, and write notes,’” Mercedes, 26, of Union City, said of the music program. “It’s different — it’s an alternative that’s way better.”


The pilot program, called Voices of Valor, has veterans work as a group to synthesize their experiences into musical lyrics. Guided by musicians and a psychology mentor, they write and record a song, and then hold a CD release party. The program is currently under way at Montclair State University, where students participate through the school’s veteran affairs program.


Developed by husband and wife team Rena Fruchter and Brian Dallow, it is open to veterans of any age and background. No musical experience is required.


Both accomplished musicians, Fruchter and Dallow created the program as part of Music for All Seasons, an organization they founded which runs musical programs for audiences at places ranging from nursing homes to prisons.


Based on their experiences working with children at shelters for victims of domestic violence, Fruchter and Dallow realized that young people too traumatized to talk about what they had been through were nevertheless willing to bang on an instrument or sing — often leading to communication breakthroughs. They felt the same might be true for veterans, or other populations traditionally averse to more overt forms of ‘talk therapy.’


“We’ve had situations in which veterans have been carrying their burdens deep inside for such a long time, and they come into this group and they begin to talk about things that they’ve never talked about before,” Fruchter said. “They really open up, and it translates into some music that is really amazing and incredible and powerful.”


During a recent session of the eight-week program in Montclair, music facilitators Jennifer Lampert, a former Miss USO, and Julio Fernandez, a musician and member of the band Spyro Gyra, lead a small group of young veterans in brainstorming about their experiences.


“Tired of being angry,” ”Easier not to move on,” ”The war at home,” were phrases Lampert extracted from a discussion among the participants and she wrote each phrase in marker on large notepads fastened to a classroom blackboard. As they spoke, Fernandez strummed an acoustic guitar while Lampert sang some of the phrases the students had come up with, adjusting the beat and tempo at their suggestion. Suddenly, a musical lyric emerged: “Sometimes, I wish the past is where I stayed.”


A few weeks later, the group gathered at a sound studio in Union City, where they donned headphones and clearly relished the opportunity to record their collectively written tune, “Freedom,” in a professional studio.


“To see music heal people in that way, it’s beautiful, and the real incredible part is you don’t have to do anything but give in to the music,” Lampert said. She recounted how, time and again, the facilitators of the program had watched some participants start the class with shoulders slumped, hesitant to make eye contact, and afraid to speak up. Through the process of writing music they changed, she said, into group-focused, smiling, active participants unafraid to stand up and belt out a tune.


7/87/8_____


Follow Samantha Henry at http://www.twitter.com/SamanthaHenry


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Brent holds near $111 on US fiscal uncertainty; Japan supports






SINGAPORE (Reuters) – Brent crude held near $ 111 per barrel on Thursday as jittery investors stayed on the sidelines with a deadline to avert a U.S. fiscal crisis approaching, while hopes the new Japanese government’s policies will spur demand supported prices.


U.S. President Barack Obama and Republican lawmakers resumed talks on Wednesday over the so-called fiscal cliff – tax hikes and spending cuts slated to take effect next week that could push the economy back into recession.






“There is no easy way to resolve the U.S. fiscal cliff, but there should be a compromise at some point and that’s what the market is looking for,” said Tetsu Emori, a commodity fund manager at Astmax in Tokyo.


Front-month Brent futures slipped 16 cents to $ 110.91 per barrel at 0501 GMT, giving up some of the previous session’s 2 percent gain.


Brent may face some resistance between $ 112 and $ 113 before falling towards $ 102.7 over the next three months, according to Wang Tao, Reuters market analyst for commodities and energy technicals.


U.S. crude dropped from a nine-week high reached on Wednesday, shedding 6 cents to $ 90.92.


Oil futures rose in early Asian trade, taking a cue from Japanese stocks, which were at an 18-month high after the country’s new prime minister said beating deflation in the world’s No. 3 oil consumer and taming a strong yen were his top priorities.


“There are hopes that the aggressive fiscal policies will help Japan get out of deflation and, as it is an importer of commodities, that’s a positive for oil markets,” Emori said.


The government will pursue bold monetary policy, flexible fiscal policy and a growth strategy to encourage private investment, Prime Minister Shinzo Abe said on Wednesday .


CLIFFHANGER


The White House and Republicans are still far apart, as hopes for legislation to prevent the U.S. economy from tumbling off the fiscal cliff switch to the Senate.


Democrats control a majority in that chamber but still need some support from Republicans across the aisle for a likely attempt to raise taxes on the wealthy.


Obama will try to revive budget crisis talks – which stalled last week – when he returns to Washington on Thursday after cutting short his Christmas holiday in Hawaii.


“While markets have vacillated between optimism and pessimism over the prospects for a compromise, we expect a deal only at the last minute, with lots of decisions delayed into the New Year and austerity of roughly 2 percent of GDP,” Bank of America-Merril Lynch analysts said in their weekly report.


Worries about supplies from the Middle East rose once more after security forces in the United Arab Emirates arrested a cell of UAE and Saudi Arabian citizens which they said was planning to carry out militant attacks in both countries and other states.


The region holds some of the world’s largest oil fields and as a result any unrest in the area triggers supply concerns.


Oil futures may rise in the first quarter of 2013 with the global economy showing early signs of a pick-up, and on expectations that the fiscal crisis will be resolved.


Encouraging economic data from China, aggressive action by the European Central Bank to help its economies, and quantitative easing by the U.S. Federal Reserve together brighten the outlook for oil in the near-term.


U.S. crude could rise to $ 100 per barrel and Brent may test $ 120 by the end of March, said Emori.


Also supporting prices are expectations that U.S. crude stockpiles may have decreased last week as refiners kept inventory low for year-end tax purposes.


Crude stocks may have dropped by 1.9 million barrels in the week ended Dec 21, a Reuters poll showed on Wednesday.


Inventory data from the American Petroleum Institute will be released on Thursday, while numbers from the Energy Information Administration will be out on Friday, a day later than usual, because of the Christmas holiday.


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Cuba has much to lose as ally Chavez fights cancer






HAVANA (AP) — Cubans who were tuned in to the nightly soap opera on a recent Saturday received a sudden burst of bad news, from the other side of the Caribbean.


State TV cut to the presidential palace in Caracas, Venezuela, where President Hugo Chavez revealed that his cancer had returned. Facing his fourth related surgery in 18 months, he grimly named Vice President Nicolas Maduro as his possible successor.






The news shocked not only Venezuelans but millions of Cubans who have come to depend on Chavez’s largesse for everything from subsidized oil to cheap loans. Venezuela supplies about half of Cuba‘s energy needs, meaning the island’s economy would be in for a huge shock and likely recession if a post-Chavez president forced the island to pay full price for oil.


Despite the drama, the news likely wasn’t a surprise to Cuba’s Communist government, and not only because Chavez has been receiving medical care on the island.


Havana learned important lessons about overdependence when the 1991 collapse of the Soviet Union threw the country into a deep crisis. Trying to avoid the consequences of a similar cut, the Cuban government has been diversifying its portfolio of economic partners in recent years, looking to Asia, Europe and other Latin American nations, and is only about half as dependent on Caracas as it was on the former Soviet Union.


Cuba is also working to stimulate its economy back home by allowing more private-sector activity, giving a leg up to independent and cooperative farming, and decentralizing its sugar industry. A stronger Cuban economy would in theory have more hard currency to pay for energy and other imports.


Also getting off the ground is an experiment with independent nonfarm collectives that should be more efficient than state-run companies. And next year, another pilot program is planned for decentralized state enterprises that will enjoy near-autonomy and be allowed to control most of their income.


“This could have good results,” said a Cuban economist who spoke on condition of anonymity because he wasn’t authorized to talk to the foreign media. Cuba “is also thinking of boosting foreign investment in areas of the national economy, including in restricted areas like the sugar industry.”


One of the country’s top goals has been to make the island’s struggling economy less dependent on a single benefactor.


Under the leadership of Chavez, who regularly calls former Cuban President Fidel Castro his ideological father and has followed parts of the Communist leader’s governance playbook, Venezuela has sent billions of dollars a year to Cuba through trade and petro-aid.


Bilateral trade stood at a little over $ 8 billion last year, much of it in Cuban imports of oil and derivatives. In return, Havana primarily provides Venezuela with technical support from Cuban teachers, scientists and other professionals, plus brigades of health care workers. Analysts say those services are overvalued by outside standards, apparently costing as much as $ 200,000 per year per doctor. Experts peg the total Venezuelan subsidy to Cuba at around $ 2 billion to $ 4 billion a year.


While business with Venezuela makes up 40 percent of all Cuban trade, it’s still a far cry from the days when the Communist Eastern Bloc accounted for an estimated 80 percent.


“A (loss of) $ 2 billion to $ 4 billion would definitely pinch. But it is not the same relative weight as the sudden complete withdrawal of the Soviet subsidies in the early ’90s,” said Richard E. Feinberg, a professor of international political economy at the University of California, San Diego. “Cuba’s not going to go back to the days of bicycles. Could it throw the Cuban economy into recession? Yes.”


That kind of resilience would result largely from Cuba’s successes in courting foreign investors for joint ventures.


Last month, authorities announced a deal with a subsidiary of Brazil’s Odebrecht to manage a sugar refinery, a rare step in an industry that has long been largely off limits to foreign involvement.


China has invested in land-based oil projects, and along with Canada is a key player in Cuba’s important nickel industry. Spain has ventures in tourist hotels and tobacco, while French company Pernod Ricard helps export Cuban liquors. And since 2009, Brazil has been a partner in a massive project to modernize and expand the port at Mariel, west of the capital.


Trade with China alone was $ 1.9 billion and rising in 2010, and Raul Castro paid a visit to Chinese and Vietnamese leaders earlier this year to help cement Asian relationships.


But while Havana says it wants to boost foreign investment, obstacles remain. The approval process for investment projects can be long and cumbersome, and pilferage, disincentives to productivity and government intervention can cut into efficiencies. Foreign companies also pay a sky-high payroll tax.


Feinberg, who wrote a report on foreign investment in Cuba published this month by the U.S. think tank the Brookings Institution, said that while a number of foreign companies are successfully doing business with the island, others have run into problems, sending a chilly message to would-be investors. In particular he noted the recent cases of a government takeover of a food company run by a Chilean businessman accused of corruption, and contentious renegotiations of a contract with Dutch-British personal and home care products giant Unilever amid shifting government demands.


“The Cuban government has to decide that it wants foreign investment unambiguously. I think now there seem to be divisions among the leadership,” Feinberg said. “Some are afraid that foreign investment compromises sovereignty, creates centers of power independent of the leadership or is exploitative.”


He estimated Cuba has left on the table about $ 20 billion in missed investment over the past decade by not following practices typical of other developing nations. Instead, Cuba received $ 3.5 billion in foreign investment in that period.


Experts say a worst-case scenario for Chavez wouldn’t automatically translate into the oil spigot shutting off overnight.


If Chavez’s hand-picked successor, Vice President Maduro, were to take office, he would likely seek to continue the special relationship.


Opposition leader Henrique Capriles has said he wants to end the oil-for-services barter arrangements, but could find that easier said than done should he win. The two countries are intertwined in dozens of joint accords, and poor Venezuelans who benefit from free care by Cuban doctors would be loath to see that disappear.


“You can’t flip the switch on a relationship like this,” said Melissa Lockhart Fortner, a Cuba analyst at the Pacific Council on International Policy, a Los Angeles-based institute that focuses on global affairs. “It would be terrible politics for him. … Switching that off would really endanger his support far too much for that to be really a feasible option.”


For Cuba, Chavez’s latest health scare capped off a year of disappointments in the island’s attempt to wean itself from Venezuelan energy.


Three deep-water exploratory oil wells drilled off the west coast failed to yield a strike, and last month the only oil rig in the world capable of drilling there without violating U.S. sanctions sailed away with no return in sight.


Yet time and again Havana has shown that it’s nothing if not resilient, weathering everything from U.S.-backed invasion and assassination plots in the 1960s to the austere “Special Period” in the early 1990s, when the Soviet collapse sent Cuba’s GDP plummeting 33 percent over four years. When hurricanes damaged the country’s agriculture sector and the global financial crisis squeezed tourism four years ago, Cuba tightened its belt, slashed imports and survived.


“Some people are saying the demise of Chavez is also going to be the demise of Communism in Cuba because the regime’s going to collapse and the people are going to rise up,” Feinberg said. “That’s probably yet another delusion of the anti-Castro exile community.”


Still, many Cubans are nervously tuning into the near-daily updates about Chavez’s health, carried prominently in state media.


“I don’t know what would happen here,” said 52-year-old Havana resident Magaly Ruiz. “We might end up eating grass.”


___


Associated Press writers Andrea Rodriguez and Anne-Marie Garcia in Havana contributed to this report.


___


Peter Orsi on Twitter: www.twitter.com/Peter_Orsi


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Apple still can’t build enough iPad minis







A common issue often presents itself when Apple (AAPL) launches new products: it can’t build them fast enough. We’ve seen it time and time again, most recently when Apple launched the iPhone 5 and 150,000 dedicated factory workers still couldn’t keep up with demand. Now, a report has surfaced claiming that Apple’s manufacturing partners in the Far East can’t build units fast enough to keep pace with Apple’s iPad mini orders.


[More from BGR: Microsoft Surface trampled at the bottom of the tablet pile this Christmas]






According to Digitimes’ supply chain sources, Apple’s parts suppliers have prepared enough components to build between 10 million and 12 million iPad mini tablets in the fourth quarter to accomodate heavy demand. Apple’s manufacturing partners are only expected to ship 8 million assembled units, however.


[More from BGR: Mark Cuban: Nokia Lumia 920 ‘crushes’ the iPhone 5]


The report states that yield rates are improving though, and Apple is expected to ship 13 million iPad mini tablets in the first quarter of 2013.


This article was originally published by BGR


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Jay Chou raps about a corrupt eunuch






TAIPEI, Taiwan (AP) — Taiwan‘s pop king Jay Chou has played roles as varied as superhero, vampire and cowboy. So his latest album about an influential but corrupt court eunuch may not sound all that odd to his fans.


In “Gong Gong with A Headache” released Thursday, Chou raps about the eunuch who has a secret passion for women but “must not touch them.” ”Gong Gong” is a name for court eunuchs in China.






In the music video, Chou dances stiffly like a zombie to the tune of hip hop, dressed in satin imperial court costume.


The singer also wrote the song. He says he was inspired by the popular drama series “The Legend of Zhen Huan” and other court dramas that have captivated audiences in China and Taiwan.


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Former President George H.W. Bush in intensive care: spokesman






AUSTIN, Texas (Reuters) – Former President George H.W. Bush is in the intensive care unit of a Houston hospital and is in “guarded condition,” family spokesman Jim McGrath said Wednesday.


“The President is alert and conversing with medical staff, and is surrounded by family,” McGrath said in a statement.






Bush was admitted to the intensive care unit on Sunday, McGrath said.


(Reporting By Corrie MacLaggan; Editing by Paul Thomasch)


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