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Monday, Oct 07th

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Pacific salmon may be dying from leukemia-type virus

Pacific salmon may be dying from leukemia-type virus In Canada's Fraser River, a mysterious illness has killed millions of Pacific salmon, and scientists have a new hypothesis about why: The wild salmon are suffering from viral infections similar to those linked to some forms of leukemia and lymphoma.

For 60 years before the early 1990s, an average of nearly 8 million wild salmon returned from the Pacific Ocean to the Fraser River each year to spawn. Now the salmon industry is in a state of collapse, with mortality rates ranging from 40 percent to 95 percent.

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Some bacteria in grocery meat resistant to anti-biotics

Some grocery meat resistant to anti=bioticsResearchers have found high levels of bacteria in meat commonly found on grocery store shelves, with more than half of the bacteria resistant to multiple types of antibiotics, according to a study released on Friday.

While the meat commonly found in grocery stores is still safe to eat, consumers should take precautions especially in handling and cooking, the chief researcher for the study said.

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Veterans advocate kills self after war tours

Veterans advocate kills self after war toursHandsome and friendly, Clay Hunt so epitomized a vibrant Iraq veteran that he was chosen for a public service announcement reminding veterans that they aren't alone.

The 28-year-old former Marine corporal earned a Purple Heart after taking a sniper's bullet in his left wrist. He returned to combat in Afghanistan. Upon his return home, he lobbied for veterans on Capitol Hill, road-biked with wounded veterans and performed humanitarian work in Haiti and Chile.

Then, on March 31, Hunt bolted himself in his Houston apartment and shot himself.

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Of the 1%, by the 1%, for the 1%

Americans have been watching protests against oppressive regimes that concentrate massive wealth in the hands of an elite few. Yet in our own democracy, 1 percent of the people take nearly a quarter of the nation’s income—an inequality even the wealthy will come to regret.

It’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent. One response might be to celebrate the ingenuity and drive that brought good fortune to these people, and to contend that a rising tide lifts all boats. That response would be misguided. While the top 1 percent have seen their incomes rise 18 percent over the past decade, those in the middle have actually seen their incomes fall. For men with only high-school degrees, the decline has been precipitous—12 percent in the last quarter-century alone. All the growth in recent decades—and more—has gone to those at the top. In terms of income equality, America lags behind any country in the old, ossified Europe that President George W. Bush used to deride. Among our closest counterparts are Russia with its oligarchs and Iran. While many of the old centers of inequality in Latin America, such as Brazil, have been striving in recent years, rather successfully, to improve the plight of the poor and reduce gaps in income, America has allowed inequality to grow.

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Experts fear another oil disaster

Experts fear another oil disasterWith everything Big Oil and the government have learned in the year since the Gulf of Mexico disaster, could it happen again? Absolutely, according to an Associated Press examination of the industry and interviews with experts on the perils of deep-sea drilling.

The government has given the OK for oil exploration in treacherously deep waters to resume, saying it is confident such drilling can be done safely. The industry has given similar assurances. But there are still serious questions in some quarters about whether the lessons of the BP oil spill have been applied.

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Israeli town rallies against African refugees

Eilat rallies against African refugeesThe shift is most obvious, perhaps, in Eilat, the small city in the south where Anei and several thousand African asylum seekers live. Here, refugees find their children barred from municipal schools.

And in a move that has alarmed both human rights organisations and the local branch of the United Nations High Commissioner for Refugees (UNHCR), the municipality has hung red flags throughout the city as part of a municipal campaign against African migrants - initiated by employees of the state of Israel and financed with public funds.

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Gaza war report co-authors reject Goldstone's retraction

Richard GoldstoneThe three co-authors of the damning United Nations report on the 2008-2009 Gaza war rejected on Thursday an op-ed by the fourth member and chairman Richard Goldstone in which he retracted key conclusions of the report – in particular saying that Israel had not intentionally targeted civilians during the war.

In an article in the British daily The Guardian, the three members – the Pakistani human rights lawyer Hina Jilani; Christine Chinkin, professor of international law at the London School of Economics; and former Irish peace-keeper Desmond Travers maintained that the conclusions of the report remain valid despite Goldstone's shift and subsequent calls to retract the report in the UN.

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Report: Big profits drove faulty ratings at Moody's, S&P

Standard & PoorAnalysts who reviewed complex mortgage bonds that ultimately collapsed and ruined the U.S. housing market were threatened with firing if they lost lucrative business, prompting faulty ratings on trillions of dollars worth of junk mortgage bonds, a Senate report said Wednesday.

The 639-page report by the Senate Permanent Subcommittee on Investigations confirms much of what McClatchy first reported about mismanagement by credit ratings agencies in 2009.

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Goldman Sachs misled Congress after duping clients, Senate panel chairman says

Goldmann SachsGoldman Sachs misled clients and Congress about the firm’s bets on securities tied to the housing market, the chairman of the U.S. Senate panel that investigated the causes of the financial crisis said.

Senator Carl Levin, releasing the findings of a two-year inquiry yesterday, said he wants the Justice Department and the Securities and Exchange Commission to examine whether Goldman Sachs violated the law by misleading clients who bought the complex securities known as collateralized debt obligations without knowing the firm would benefit if they fell in value.

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