Indonesia Earthquakes Kill 3, Cause Panic

A series of powerful earthquakes rattled Indonesia on Wednesday, killing three people, triggering landslides and demolishing dozens of homes. A tsunami warning sent panicked residents fleeing buildings to high ground. The 7.0 magnitude quake was centered 18 miles beneath the ocean floor and 125 miles off the northern coast of Papua province, the U.S. Geological Survey said. It was accompanied by a series of strong aftershocks, the highest measuring 6.4.

More than 20 houses collapsed in Serui, a town in Yapen district, sparking fires in at least seven places, said police spokesman Lt. Col. Wachjono, who like many Indonesians uses only one name. Two bodies were pulled from beneath the rubble. "Police and rescuers are still searching for other victims in remote areas," he said. Hundreds of people ran out of their homes, said Yan Pieter Yarangga, a resident from the town of Biak. Fearing a tsunami, people fled beaches and some raced for high ground. "I ran too, I was afraid there would be a second quake," he said.

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Japan approves $45bn quake Budget

JAPAN says it will extend an evacuation zone around the crippled Fukushima nuclear plant, while announcing a $A45 billion reconstruction budget for areas devastated by the earthquake and tsunami. It is the first special Budget approved by Prime Minister Naoto Kan's cabinet since the March 11 twin disasters in northeast Japan.

The Budget, announced today, will cover restoration work such as clearing massive amounts of rubble and building temporary housing for thousands of homeless people. The Government says it is also planning to widen the evacuation zone around the nuclear plant, which has been leaking radiation since being severely damaged by the magnitude 9.0 magnitude quake and tsunami.

The Government said today, six weeks after the country's worst post-war disaster, it would extend the evacuation zone to areas beyond the 20-kilometre no-go zone where radiation levels had been rising.

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Strong quake shakes buildings in Japan’s capital

A strong earthquake of magnitude 5.8 hit central Japan on Saturday morning, according to the US Geological Survey. The quake, which shook buildings in Tokyo, struck at 11:19 am (0219 GMT), 83 kilometres (52 miles) north of the capital and at a depth of 20 kilometres, the USGS said.

Operator Tokyo Electric Power Co (TEPCO) said the tremor did not disrupt the emergency crews who are working around the clock to cool crippled reactors at a nuclear plant hit by a devastating earthquake and tsunami last month. That earthquake - the biggest ever recorded in Japan -- struck on March 11, triggering a huge tsunami and leaving 13,591 people dead, with another 14,497 still unaccounted for.

Tens of thousands of people lost their homes, while many others were forced to evacuate after a series of explosions at the Fukushima Daiichi nuclear plant sent radiation spewing into the air.

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South Korea schools shut over radioactive rain

Many South Korean schools have cancelled classes as officials scrambled to quell fears that rain contained radioactive material from Japan's stricken nuclear plant. More than 130 primary schools and kindergartens in Gyeonggi province surrounding the capital Seoul cancelled or cut classes today after rain began falling on orders from the provincial education office. An office spokesman called it part of "preemptive measures for the safety of students". The office had told schools on Wednesday to cancel or shorten classes due to "growing anxiety among students and parents over conflicting claims on the safety of radiation exposure". Schools in remote areas, where students have a long walk to class, were particularly encouraged to cancel activities. At schools which stayed open, teachers were advised to suspend outdoor activities.

Complaints from parents mounted on the website of Seoul city's education office, which refused to cancel classes and called for a calm response to the fears. "Please order class cancellation. I'm worried to death about my kid and can't sleep," said one posting. Education authorities in North Chungcheong province south of Gyeonggi postponed football, baseball and other sporting events. Concern grew in the nation closest to Japan after the weather agency said on Monday that radioactive material from the crippled Fukushima nuclear plant may be carried to the peninsula by south-easterly winds. The amount of radioactive material contained in the rainfall is too tiny to pose any health threat, the prime minister's office said today, calling for education offices to refrain from "making parents nervous".

U.S. to stop using strike aircraft as fighting in Libya rages on

The use of U.S. strike aircraft in Libya is set to expire Monday as uncertainty lingers about whether Western allies will arm opposition members trying to oust Libyan ruler Moammar Gadhafi. Over the weekend, fierce destruction permeated the city of Misrata, which has been choked off by pro-Gadhafi forces surrounding the city. "We need a lot of help in Misrata. There's so much death there," said Mustafa Abdul Hamali, a 46-year-old taxi driver who lost half of a leg. "I was driving in my car with my wife, and my car just blew up. I don't know what happened." Khalid Moteridi, a 32-year-old businessman-turned-rebel fighter, said the situation in Libya's third-largest city has turned dire.

"It¹s a tragedy by all means," he said. "No electricity, no food, no water. We¹re trapped from all sides by the Gadhafi forces." A doctor in Misrata told CNN government forces shelled a clinic, leaving one dead and 15 injured on Sunday. Last week, a hospital official said 398 people have been killed since the Libyan conflict began last month. He feared there were more deaths that his hospital didn't know about. Some rebels from Misrata got a bit of a reprieve Sunday, when a Turkish hospital ship picked up more than 300 of the wounded fighters. Their injuries included amputated limbs, broken bones and shrapnel wounds.

Obama to Push Internet Privacy Bill

It looks like Senate Democrats and Republicans may finally have found something they can agree on -- limiting the data collection abilities of internet marketing firms.

The Obama administration, according to The Wall Street Journal, is expected to announce to Congress today an internet privacy bill that will force some data miners to make major changes. Sen. John McCain (R, Ariz.) was a critical opponent of net neutrality, but he was actually a sponsor of the draft of the privacy bill, along with a fellow Presidential runner-up, Sen. John Kerry (D, Mass.).
The bill looks to expand the powers of the U.S. Federal Trade Commission, giving it the ability to enforce the new provisions. The proposal follows a December U.S. Department of Commerce report [PDF], which complained that Facebook, Google, and a host of smaller firms weren't up front with customers about what information they were collecting and sharing with advertisers.

Dubbed an online "Privacy Bill of Rights", the measure would prevent information from being used for any purpose other than collected, unless you give them permission. In other words, if you fill out a registration form for the website, they will no longer legally be able to sell that information to advertisers, unless they ask you if it's okay.

Five Republicans woo Iowa voters ahead of 2012 race

Five possible Republican White House hopefuls including Newt Gingrich and Tim Pawlenty courted conservative voters on Monday in Iowa, the state that holds a critical early contest on the road to the party's 2012 presidential nomination.

Former House of Representatives Speaker Gingrich, former Minnesota Governor Pawlenty, former Pennsylvania Senator Rick Santorum, former Louisiana Governor Buddy Roemer and former Godfathers Pizza CEO Herman Cain took turns bashing President Barack Obama.

Republicans aim to deny Obama a second term as president.

The Iowa caucuses, an important early prize in the race for the Republican nomination, are scheduled for February 6, 2012. No leading Republican, including the five who appeared at the event in Iowa, has yet formally launched a candidacy.

Meanwhile, a top aide to real estate tycoon Donald Trump visited Iowa on Monday to gauge interest in the idea of a Trump bid for the Republican presidential nomination.

Trump, a billionaire and the celebrity star of NBC's "The Apprentice," has been flirting with a presidential run, speaking to a conference of conservatives in Washington last month. Many Republicans doubt he is serious.

Obama Tells Panel U.S. Recovery Harmed

President Barack Obama told the first meeting of his panel of outside economic advisers that the U.S. must deal with stubbornly high unemployment even as the recovery from the recession is well under way.

“The biggest challenge that we’re seeing right now is that unemployment is way too high,” Obama told the 23-member President’s Council on Jobs and Competitiveness yesterday. The advisory group, led by General Electric Co. chief executive officer Jeffrey Immelt, replaces the President’s Economic Recovery Advisory Board, which was headed by former Federal Reserve Chairman Paul Volcker.

In the month since he delivered his State of the Union address, Obama has sought to make the case that investments in education, infrastructure and innovation will help create more jobs. He reiterated that message yesterday, telling members of the panel, “We’re going to have to up our game in this newly competitive world.”

Obama told the group that he wants them to provide “some concrete deliverables” that will help lower the 9 percent unemployment rate.

Today the president is scheduled to meet at the White House with 14 Democratic governors -- including Deval Patrick of Massachusetts, Martin O’Malley of Maryland and Dan Malloy of Connecticut -- to discuss ways Washington can work with states to help spark job creation, according to a White House statement.

Protest and Counter-Protest of King's Muslim

Two groups of protesters met on Tuesday outside King's office, one to protest the hearings and the other to support them.

According to the Wall Street Journal, about 100 people showed up to represent each side. No arrests were made, but police intervened to set up barricades between the two groups after individual confrontations erupted into shouting matches.

King acknowledged the support shown him. "Al-Qaida is recruiting right under our radar screen," he said in an interview. "We are not going to cave to political correctness. There is a real threat to the country from the Muslim community and the only way to get to the bottom of it is to investigate what is happening."

Inna Arolovich of the American Association of Jews from the Former Soviet Union supports King and the hearings. "I believe that radical Islam is threatening each of us, including peaceful Muslims," she said. "It is a very real threat."

Dr. Shaik Ubaid of the Muslim Peace Coalition USA's New York chapter explained their concerns. "We are worried about the way the hearings are being conducted. It will demonize the Muslim community. He should work with the Muslim community who has been working with the FBI and others and get to the root cause of this."

Pax Christi also protested the hearings, as did several individuals, at least one of whose Muslim son Mohammad Salman Hamdani was an EMT who died during the 9/11 terrorist attacks on New York.

"American Muslims also died," Hamdani's mother said. "We sacrificed for this nation, for our nation. We are fighting on the front also. We are contributing members of society. For anybody to accuse the American Muslims of collective guilt is not right. We were attacked by foreign terrorists, criminals without a nation, al-Qaida."

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State of the Union, Barack Obama must turn words into action

President Barack Obama’s State of the Union

address Tuesday contained the usual laundry list of initiatives big and small — including many that require bipartisan cooperation for success.

But a POLITICO look at his wish list shows that, at best, he’ll probably be able to check off only a few of his agenda items, and Republicans are only part of the problem.

He put Democrats on the spot with an earmark ban, irked them by renewing his call for a freeze on discretionary spending and challenged them to limit medical malpractice lawsuits.

But heading toward his 2012 reelection, these are fights Obama seems willing — even eager — to have. He might not get everything he wants or even very much of it. But if Republicans balk, Democrats, led by the president, can call them out on it. If Democrats resist, Obama can create distance between himself and his less popular colleagues on the Hill.

POLITICO rates the odds of success for 10 key proposals. Items scoring zero have the least chance of happening. Those scoring 5 have the easiest track.

Five-year freeze on domestic spending

Idea: Obama proposed the cap as a “down payment toward reducing the deficit.”

Pro: The president claims the move would cut the deficit by more than $400 billion over the next decade, giving him a punchy talking point to show he is serious.

Con: It’s barely a dent. The deficit for this fiscal year alone is $1.5 trillion, congressional scorekeepers say.

Barack Obama's energy message failed

If President Barack Obama is going to sell Congress and the American public on energy legislation, he should forget the words “climate change,” Sen. Richard Lugar said Monday.

Lugar is preparing his own energy measure this year, and while he offered the Clean Economy Summit few specifics, the Indiana Republican said he will keep “social inertia” and marketing in mind – something he said Obama failed to do.

Obama’s energy message was eclipsed by cap-and-trade in the public mind, said Lugar. “The Obama administration’s focus on carbon reductions caused almost any energy security proposal to be viewed through the prism of climate change,” he said.

“The theological adherence to climate orthodoxy among some and absolutist denial by others left little room for serious debate on energy questions,” Lugar added.

Using feedback from the “practical energy plan” he introduced last summer aimed at reducing dependence on foreign oil, Lugar is passing his new energy bill around to newly-elected senators.

President Obama to get a little more personal

President Barack Obama is once again the big draw at this year’s House Democratic Caucus retreat, but instead of giving a big motivational speech to the crowd, he’s planning to get a little more personal this time around.

On Friday evening in Cambridge, Md., according to aides, the president will show up to work the room, glad-handing with Democrats individually and in small groups at the Hyatt Regency, signaling a more hands-on approach to House Democrats who are still getting used to life in the minority.

Obama’s move to give more personalized attention to Democrats is also a reflection of the new political realities. After moving Obama’s ambitious agenda for the past two years, many liberals feel stung now that the president has started to work more closely with Republicans.

Obama’s appearance before House Democrats is slated to be closed to the media. House Democrats also will hear from Vice President Joe Biden, in the only portion of the three-day retreat that is open to the media.

Battles on budget and healthcare loom for Obama

After a good end to a not-so-good year, President Barack Obama faces even tougher challenges in the months ahead as looming fights over spending and healthcare set the stage for a difficult 2012 re-election campaign.

When a new Congress convenes on Wednesday, Obama will be confronted for the first time by a Republican majority in the House of Representatives and a strengthened Republican minority in the Senate.

Whether he strikes deals with those newly powerful foes and continues the momentum built in December's "lame-duck" Congress or becomes mired in another bout of legislative gridlock could be a critical factor in Obama's prospects for a second term.

"The political climate is about to completely change for Obama, and how those budget and healthcare battles play out will really determine his status for the race in 2012," said Steven Schier, a political analyst at Carleton College in Minnesota.

A burst of accomplishment in Congress during the final days of December produced a tax deal with Republicans, repeal of the ban on gays serving openly in the military and ratification of a new nuclear arms treaty with Russia.

Line of duty deaths among police officers go up

The shooting death of a Texas police officer late Tuesday adds to a grim toll: A law enforcement officer was killed every 53 hours in the United States this year, according to a new report.

Line-of-duty deaths jumped by 37% in 2010, according to the report by the National Law Enforcement Officers Memorial Fund.

An officer was killed Monday during a traffic stop in Atlanta. Late Tuesday night, an Arlington police officer was among three people killed in a shooting at an apartment complex.

These incidents are part of an overall trend of increased violence against police officers and law enforcement professionals this year. According to preliminary data compiled by the memorial fund, a total of 160 federal, state and local law enforcement officers died in the line of duty during the past 12 months, an alarming increase that follows two years of declining deaths among the nation's policing professionals.

While the sharpest increase has been in gun-related deaths, traffic-related incidents remained the number one cause of death among the nation's law enforcement officers for the 13th consecutive year. Seventy-three officers have been killed in traffic-related incidents this year, compared with 51 in 2009.

"Our law enforcement officers are being asked to do more today with less," said memorial fund Chairman Craig W. Floyd. "And it is putting their lives at risk."

During the past year, 18 officers were killed in Texas, the highest in any state. It was followed by California with 11, Illinois with 10, Florida with nine and Georgia with seven.

Since the first known line-of-duty death in 1792, nearly 19,000 U.S. law enforcement officers have made the ultimate sacrifice.

Air traffic scheduled to resume at NYC airports

NEW YORK — There's relief ahead for some travelers stranded at the New York-area's three major airports.

The Port Authority of New York and New Jersey says flights are expected to begin arriving at Newark, LaGuardia and John F. Kennedy International airports Monday evening.

At JFK, some people are being booked on flights to leave this evening. Other flights were listed as arriving on time.

However, some travelers may be delayed a bit longer.

Srinivas Tadakamalla's (SREE'-nee-voss todd-ah-kah-MAHL'-ah) has been stranded at JFK on his way home to St. Louis from India with his 5-year-old daughter and 22-month-old son. He says he's been told he can't get a flight until Thursday.

All flight operations were suspended Sunday night during a storm that dumped 20 inches of snow on the metropolitan area.

Senate vote on nuclear treaty may be defining moment for Obama

Washington — The upcoming Senate vote on a U.S.-Russia nuclear arms treaty may turn out to be a defining moment for the Obama administration's foreign policy.

If he wins the support of at least two-thirds of the Senate for the New START agreement in a vote that may come as early as Tuesday, President Obama could build on the victory as he turns to a long list of foreign policy challenges — including Afghanistan, Iran, North Korea and his broader plans to limit nuclear weapons.

How to Profit From the Compromise Tax Deal In 2011

The compromise tax deal was signed into law by U.S. President Barack Obama on Friday, and continues to draw fire from critics on both sides of the political aisle. The $858 billion tax package isn't paid for. In fact, it actually costs more than the controversial Obama stimulus plan that has been criticized for having little measurable impact - even as it caused the budget deficit and the U.S. debt burden to explode.

And yet, investors have been cheered by the deal.

Near term, that's an acceptable perception. But in the long run, some very real problems loom. Investors who ignore those problems will take a real beating - and it will be self-inflicted. But investors who prepare for the inevitable will actually improve their positions: They'll not only protect themselves, they will profit.

US tax chief eyes more banks, possible new amnesty

The US tax chief said leads from the landmark case against UBS AG, which admitted helping wealthy Americans evade taxes through offshore accounts, point toward other banks and financial advisers in Asia and the Middle East.

Douglas Shulman, commissioner of the Internal Revenue Service, also said the agency was considering a new amnesty program for tax evaders.

UBS last year admitted helping US clients avoid taxes by stashing money overseas. It paid a fine of USD 780 million to the US government and agreed to hand over the names of thousands of accounts to settle the case.

The IRS has been sifting through information from 18,000 accounts from individuals who came forward under an amnesty program designed to lure the wealthy to declare their assets. That includes 3,000 additional disclosures that came forward after the amnesty ended.

"This information has already proved invaluable in supplementing and corroborating prior leads, as well as developing new leads, involving numerous banks," Shulman said in remarks prepared for delivery to a tax conference.

The winding down of the UBS case has revived speculation about which banks US authorities will target next.

Clients of HSBC Holdings Plc, Europe's biggest bank, received letters in June from the US Justice Department notifying them that they are targets of a criminal probe.

Shulman said the agency is considering a new amnesty program for delinquent taxpayers, but the terms will not be as generous as for the last one.

Lawyers for the wealthy have complained that there is no clarity in terms of penalties for individuals who want to come forward.

How online retailers stay a step ahead of comparison shoppers

The American consumer is back for the first holiday season since 2007. But while shoppers are hitting the malls, they're also being choosy - and comparison shopping is more easily done online. Web sales will rise 11 percent in November and December, according to ComScore, compared with about 3 percent for sales in bricks-and-mortar stores. Online shoppers can get better prices and perks like free shipping. Online merchants, however, are not exactly defenseless. One way they fight back against picky customers is through "dynamic pricing," also called "discriminatory," "personalized," or "variable" pricing. And, for the most part, customers have no idea it is happening.

In its most brazen form, it works like this: Retailers read the cookies kept on your browser or glean information from your past purchase history when you are logged into a site. That gives them a sense of what you search for and buy, how much you paid for it, and whether you might be willing and able to spend more.

They alter their prices or offers accordingly. Consumers - in the few cases they recognize it is going on, by shopping in two browsers simultaneously, for instance - tend to go apoplectic. But the practice is perfectly legal, and increasingly common - pervasive, even, for some products.

Obama and GOP in Deal on Tax Cuts

WASHINGTON — President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy.

The deal appeared to resolve the first major standoff since the midterm elections between the White House and newly empowered Republicans on Capitol Hill. But it also highlighted the strains Mr. Obama faces in his own party as he navigates between a desire to get things done and a retreat from his own positions and the principles of many liberals.

Congressional Democrats pointedly noted that they had yet to agree to any deal, even as many Republicans signaled that they would go along.

Mr. Obama said that he did not like some elements of the framework, but that he had agreed to it to avoid having taxes increase for middle class Americans at the end of the year. He said that in return for agreeing to Republican demands that income tax rates not go up on upper-income brackets, he had secured substantial assistance to lower- and middle-income workers as well as the unemployed.

“It’s not perfect, but this compromise is an essential step on the road to recovery,” Mr. Obama said. “It will stop middle-class taxes from going up. It will spur our private sector to create millions of new jobs, and add momentum that our economy badly needs.”