Tuesday, June 5, 2012

US official: Al-Qaida No. 2 killed by US drone

FILE - This March 25, 2007, file image, made from video posted on a website frequented by Islamist militants and provided via the IntelCenter, shows al-Qaida militant Abu Yahia al-Libi. A CIA drone strike Monday, June 4, 2012, targeted al-Qaida's second in command, Abu Yahia al-Libi, in Pakistan, but it was unclear whether he was among those hit, U.S. officials said. U.S. officials say fewer than five people were hit, although Pakistani officials say more than a dozen people were killed in two days of strikes in Pakistan. (AP Photo/IntelCenter, File) THE ASSOCIATED PRESS HAS NO WAY OF INDEPENDENTLY VERIFYING THE CONTENT, LOCATION OR DATE OF THIS VIDEO

FILE - This March 25, 2007, file image, made from video posted on a website frequented by Islamist militants and provided via the IntelCenter, shows al-Qaida militant Abu Yahia al-Libi. A CIA drone strike Monday, June 4, 2012, targeted al-Qaida's second in command, Abu Yahia al-Libi, in Pakistan, but it was unclear whether he was among those hit, U.S. officials said. U.S. officials say fewer than five people were hit, although Pakistani officials say more than a dozen people were killed in two days of strikes in Pakistan. (AP Photo/IntelCenter, File) THE ASSOCIATED PRESS HAS NO WAY OF INDEPENDENTLY VERIFYING THE CONTENT, LOCATION OR DATE OF THIS VIDEO

ISLAMABAD, Pakistan (AP) ? A U.S. drone strike has killed al-Qaida's second-in-command, an American official said Tuesday, a significant blow to the terror network that has lost a string of top leaders since the death of Osama bin Laden last year.

Abu Yahya al-Libi was considered a media-savvy, charismatic leader who escaped from an American prison in Afghanistan and helped preside over the transformation of al-Qaida into a terror movement aimed at winning converts around the world.

Al-Libi was the latest in the dozen-plus senior commanders removed in the clandestine U.S. war against al-Qaida since Navy SEALs killed bin Laden.

The American official who confirmed al-Libi's death said no one left in al-Qaida comes close to replacing the expertise the group has just lost. The official spoke on condition of anonymity to discuss intelligence matters.

Al-Libi was killed Monday morning. Pakistani officials had previously said that eight militants died in a drone strike in the Pakistani village of Khassu Khel in the North Waziristan tribal area.

Al-Libi, a hero in militant circles for his 2005 escape from an American military prison in Afghanistan, was elevated to al-Qaida's No. 2 spot when Ayman al-Zawahri rose to replace bin Laden shortly after the terror leader was killed on May 2, 2011.

The State Department's Rewards for Justice program had set a $1 million reward for information leading to al-Libi, who had filmed numerous propaganda videos urging attacks on U.S. targets.

Militants and residents in the area told Pakistani agents that al-Libi was in the house when it was hit, Pakistani intelligence officials said. They said the mud and brick house was destroyed in the attack. A vehicle used by al-Libi was destroyed during the strike, said one of the officials.

A local Taliban chief said earlier Monday that al-Libi was not present at the house, though his guard and driver were killed in the attack.

The intelligence officials also declined to be identified because they were not authorized to talk to the media. The Taliban chief spoke on condition of anonymity for fear of being targeted by the Pakistani army.

The U.S. has carried out a flurry of drone strikes recently ? seven in less than two weeks ? some of which appear to have been trying to target al-Libi. The al-Qaida deputy appeared to have been injured in one of those strikes, although there were conflicting accounts as to which.

Pakistani intelligence officials said al-Libi had been slightly injured in a May 28 attack in a village near Khassu Khel, where he then moved. The Taliban chief said the strike that wounded al-Libi was two days earlier in a different village.

The White House maintains a list of terrorist targets to be killed or captured, compiled by the military and the CIA and ultimately approved by the president.

The stepping up of drone strikes since late May follows a relative lull driven by tensions between Washington and Islamabad over American airstrikes last year that killed 24 Pakistani soldiers.

Pakistan seized the opportunity to renegotiate its relationship with the U.S. and demanded Washington stop drone strikes in the country ? a demand the U.S. has ignored. The attacks are unpopular in Pakistan because many people believe they mostly kill civilians, an allegation disputed by the U.S.

Pakistan called Deputy U.S. Ambassador Richard Hoagland to the Foreign Ministry on Tuesday to protest the drone strikes.

"He was informed that the drone strikes were unlawful, against international law and a violation of Pakistan's sovereignty," the Foreign Ministry said in a statement.

Members of the Pakistani government and military have supported the strikes in the past, but that cooperation has come under strain as the relationship between the two countries has deteriorated.

As al-Qaida's de facto general manager, al-Libi was responsible for running the group's day-to-day operations in Pakistan's tribal areas and managed outreach to al-Qaida's regional affiliates.

Al-Libi, an Islamic scholar, was captured in 2002 and held by U.S. forces at the Bagram Air Base in Afghanistan until he escaped in 2005 in an embarrassing security breach. Almost immediately after reuniting with his Taliban and al-Qaida brethren he began appearing in videos released by the terror group.

The Rewards for Justice program described al-Libi as using his "religious training to influence people and legitimize the actions of al-Qaida."

In a 2009 profile of al-Libi in Foreign Policy magazine, terrorism expert Jarret Brachman described al-Libi as "media-savvy, ideologically extreme, and masterful at justifying savage acts of terrorism with esoteric religious arguments."

Al-Libi was one of thousands of men from around the Muslim and Arab world who flocked to Afghanistan in the 1980s to battle the Soviet Union. According to Brachman, he later went to Mauritania for advanced religious studies that he then used in repeated videos and other al-Qaida outreach designed to attract followers and justify the group's deadly tactics. He honed his outreach skills while working in Karachi as webmaster for a Taliban website, Brachman said.

__

Dozier reported from Washington. Rasool Dawar in Peshawar, Pakistan, Ishtiaq Mahsud in Dera Ismail Khan, and Sebastian Abbot in Kabul, Afghanistan contributed to this report.

Associated Press

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$1995000 :: 907 Terrace DR, Lake Oswego OR, 97034 ? Lake ...

Property Photo

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6 beds, 4 full, 3 part baths
Home size: 6,919 sq ft
Lot Size: 20,473 sq ft
Property Type: DETACHD
MLS Number: 12674843
Community: Mainm Lake

Casual elegance meets lakefront living in this incredible estate style home; timeless architecture and design with a transitional floor plan that lends itself to either formal or informal lifestyles; Incredible lake views, soaring ceiling heights on every level, 6 true bedrooms, dedicated study, media, workout, billiard room with full bar and separate guest quarters.

Listed with Realty Trust Group, Inc.


Brought to you by Chris Larsson, Coldwell Banker Seal. Call me today at 503-683-2897!

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS? of Portland, Oregon. All real estate listings are marked with the RMLS? logo, and detailed information about these properties includes the names of the listing brokers. Listing content is ? 2009 RMLS?, Portland, Oregon.


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Blind Tastes: Experiment #24 - Cobaya Carmellini - The Whole ...

In the nearly 3 years that we've been putting on Cobaya dinners, we've had some pretty incredible meals.? Word has spread organically and our list of willing guinea pigs has grown to a rather large following.? Cobaya dinners are selling out fast and seats are increasingly more difficult to obtain.? More and more chefs are learning about these dinners and many are eager to participate.? So you can imagine it was pretty awesome when 2-time James Beard Award-winning, Michelin star-earning, Chef Andrew Carmellini, the man responsible for The Dutch NYC and Miami, Locanda Verde NYC, and The Sausage Boss NYC, reached out on Twitter to say he was down to get his Cobaya on.?
The dinner was held at The Dutch which is located inside the W Hotel on Miami Beach.? The setting was the outdoor terrace at a long table that fit all 30 guests.? The staff was great and service was flawless.? The menu?? Badass with a capital "B".

After a starter of assorted canapes, one of which being an insanely delicious foie gras meatball, Chef Carmellini greeted the guests and talked about his theme for this dinner.? He dubbed it "The Whole Damn Thing" and utilized an entire 50 pound pig as well as some whole turbot.? The results were frickin' awesome.? This dish was absolutely fantastic and definitely one of the best dishes I've had this year.? Creamy polenta with smoked sable, trout roe, and a lemon beurre blanc foam.? Everything worked - the saltiness of the roe, the smokiness of the sable, the acid from the lemon, the texture plays of the polenta and sable and pops from the roe.? I could've left satisfied after just this one dish. It takes a lot of balls to serve a pasta dish to a group dining outside in Miami in the summer.? This one was worth any increase in body temperature.? House made potato gnocchi with braised morels, ramp greens, english and sugar snap peas, and topped with parmesan cheese was a light dish with lots of flavor. About that whole turbot...? Here is the resulting dish which featured the perfectly tender fish sitting atop curried cous cous salad and darted with tea poached raisins, burnoise red onion, turkish apricot, mint, cilantro, and sliced almonds.? Another masterful dish that I'll not be forgetting any time soon. Now it was time for the piggy party.? The photo above shows what got us going - a salad of julienned crispy pig ears with arugula, shaved radish, and meyer lemon (which reminded me very much of the Pig Ear Salad at Michael's Genuine Food & Drink); house made pickled tomatoes, cauliflower, and carrots; house made pickled ramp relish; and a little boat of crispy testa (head cheese) with gribiche.? Giddy.? Up. I don't even know how to describe the smoked ribs glazed with apple cider served to us by Chef Carmellini other than to say that they were gigantic and incredibly awesome!!!? The skin was crispy while still having that slight chewiness that pork skin has that makes me unable to stop eating it because I really just want to bite into it again and again. You see that circle of meat on the right side of the rib in the picture above?? It was so tender, so smokey, so delicious that it took a couple of pieces of crispy skin for me to regain consciousness afterward.? I've been thinking about that circle of meat ever since.? Carmellini should start a food truck that just sells those circles.? Hands down my favorite dish of the night. I think my love affair with the aforementioned ribs possibly was responsible for me not really digging the pastrami spiced pork belly.? The belly was roasted perfectly but the pastrami spices were trying to break us up.? I didn't want pastrami anymore.? I wanted that rib again.
I'm not a dessert guy really but the dessert was not only delicious but impressive too.? A sparkling croque en bouche from Pastry Chef Josh Gripper along with some assorted sorbets and ice creams.? Chef Carmellini said that this was served at his wedding instead of wedding cake. A great ending to an over-the-top fantastic meal.?

Huge 'thank you' to Chef Carmellini and all his staff and crew along with the team from The Dutch and The W who helped execute the plan for a great night.? That was one for the ages.? The only not-so-great part was being the only Celtics fan at the bar afterward where the Heat ripped off a huge comeback to win game two and go up 2-0 in the series.? I got over it pretty quickly though by thinking about that rib dish again.

Additional thanks to all the guinea pigs who came out and those who continue to show enough support and interest to keep this Cobaya thing going.? We see lots of new faces each meal and that's been really cool.? We've just announced that The Summer of Cobaya rolls on with two more events in June - one dinner, one brunch.? More details here.

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Is Snoring Affecting You And Your Unborn Baby? - Natural Health Blog

If you?re pregnant then chances are that you could be one of the 75% of pregnant women who have issues getting sufficient sleep. Pregnancy is exhausting for all women and getting plenty of sleep is important for you and your unborn baby. When the baby eventually arrives you?ll naturally wish to be in the very best of form so you can take care of your new baby and have the energy left over to enjoy them.

When pregnant there may be many factors which make getting sufficient sleep a challenge. These can include frequent journeys to the toilet, cramps, heartburn, anxiety and hormonally-based changes. If your partner is a snorer then this will make getting to sleep even more of a challenge.

Not only can your partners snoring be detrimental to you, it may also be an indicator that your partner is suffering from a serious sleep related breathing disorder called obstructive sleep apnoea. Sleep apnoea is a condition where the upper airways collapse frequently while sleeping. When they collapse the person stops breathing until the bodies emergency system gets them breathing again. If you hear your partner snoring loudly, and then the snoring stops, and after a short period of silence they start breathing again with a loud gasp or choking sound, this could be an indication of sleep apnoea. Other indicators of sleep apnoea are daytime sleepiness and frequent urination.

Left untreated obstructive sleep apnoea significantly increases the risk of stroke, heart attack, high blood pressure and obesity. Some studies have even suggested that a person?s lifespan might be shortened by as much as 20 years.

Sleep apnoea can be dealt with relatively easily. People with moderate and severe sleep apnoea could need to use a CPAP (continuous positive airway pressure) machine that is worn while asleep. The CPAP machine delivers pressurized air through a face mask and keeps the upper airways open. People with mild sleep apnoea, or those with moderate or severe sleep apnoea that can?t endure the CPAP machine, can use a MAS (mandibular advancement splint) like the Somnowell. The MAA is an oral appliance worn during sleep, it gently holds the lower jaw in the ?recovery position? and maintains an open airway. The MAA is also used for stopping snoring, which is closely related to sleep apnoea.

If you believe that you or your partner could have obstructive sleep apnoea it is advisable to talk to your GP who can then send you to a sleep specialist.

Loran Simon is a director at Somnowell. The Somnowell is the 1st chrome cobalt alloy anti snore device used in the professional management of snoring and sleep apnoea. The Somnowell is considered by many practitioners to be the Rolls Royce of snoring cures.

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Monday, June 4, 2012

In California, a Battle Over a Plan for $1-a-Pack Cigarette Tax

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Source: www.nytimes.com --- Sunday, June 03, 2012
Health groups are pushing a ballot initiative to impose a $1-a-pack tax, provoking a storm of advertisements to defeat the biggest threat the industry has faced in the state in a decade. ...

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Sunday, June 3, 2012

Trinity college of natural health - HEALTH, BEAUTY & FITNESS

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Plans which include coverage of more healthy lifestyle activities will also be good healthcare plans because during these plans you will find good things Our overall health and the healthiness of us is one thing we must take proper care of every single day in our lives. This Denials: An obvious decrease in denial rates has happened since this past year at Aetna, Healthcare Service Corporation and U . Stay a guy The reason being MUFAs contain Adiponectin which improves cells? ability to take glucose for fuel, lowering the quantity of dangerous bloodstream sugar circulating within You have to consult a real estate agent before you finalize a policy that you? d like to purchase. s . Because the nation

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Web Advertising and marketing Strategies | Online Marketing Book

internet marketing strategies Web Advertising and marketing Strategies

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Saturday, June 2, 2012

Spaceships will follow Dragon's trail

SpaceX

SpaceX's scorched Dragon capsule sits on its American Marine recovery ship after being fished out of the Pacific Ocean on Thursday.

By Alan Boyle

SpaceX's scorched Dragon cargo capsule is on a ship making its way back to Los Angeles after Thursday's?historic descent from orbit.

The California-based company reported that the 14.4-foot-high (4.4-meter-high) spacecraft and its more than 1,300 pounds (620 kilograms) of cargo were in good shape, despite its plunge from the International Space Station. On the way down, the Dragon weathered re-entry temperatures in excess of 3,000 degrees Fahrenheit (1,650 degrees Celsius). At a height of 40,000 feet, the Dragon started deploying its parachutes and drifted into the Pacific, about 560 miles west of Baja California. A recovery team got to the craft, towed it to the ship and used a crane to hoist it aboard, as planned.


SpaceX spokeswoman Kirstin Brost Grantham told me that a few items will be delivered to NASA officials with a 48-hour turnaround, as a demonstration of the procedure for returning time-sensitive cargo from orbit. But the Dragon itself and most of its payload will be taking a slower ride to the port of Los Angeles. Arrival is expected around June 6, depending on weather.

From California, the craft and cargo will be trucked to SpaceX's rocket test facility in MacGregor, Texas, for postflight processing. Then the cargo will be turned over to NASA.

The handover of the Dragon's contents will be the last item to check off on NASA's list of requirements. That should clear the way for a $1.6 billion series of 12 Dragon cargo flights, with the first launch probably scheduled sometime in September.

NASA and SpaceX released a slew of awesome pictures and video documenting the Dragon's return, via SpaceX's Zenfolio gallery as well as NASA's Flickr and YouTube accounts. Here's a selection:?

NASA

SpaceX's Dragon cargo craft begins its descent on Thursday after its release by the International Space Station's Canadarm2 robotic arm, visible at top center.

During the re-entry of SpaceX's Dragon capsule, NASA and the United States Navy flew a P-3 Orion Cast Glance aircraft to capture airborne views of the spacecraft's descent. The aircraft, based at the Navy's VX-30 squadron at the Naval Air Station Point Mugu, Calif., was able to record Dragon's re-entry, parachute chute deployment and the capsule in the water.

NASA / U.S. Navy

A wind-filled parachute pulls the SpaceX Dragon capsule through the water after Thursday's Pacific splashdown.

SpaceX / U.S. Navy

A dive team secures the Dragon spacecraft for towing to its recovery barge.

NASA / U.S. Navy

The Dragon capsule nears American Marine's recovery ship, which is equipped with a crane to take the spacecraft on board.

Eventually, SpaceX is aiming for extensive reusability of its spaceship components, including a first stage that can fly itself back to the launch pad and a "Dragon 2.0" spacecraft that can do propulsive soft landings.

"That's how spaceships land in sci-fi movies," SpaceX's billionaire founder, Elon Musk, told me during a post-splashdown news conference. "And that's what also enables landing in other parts of the solar system. ... It's the way spacecraft ought to land."

But NASA won't be using this particular Dragon again. The space agency is buying a fresh spaceship for each of the 12 cargo supply missions. Musk speculated that SpaceX might send the scarred spacecraft on "a little tour of the country and show it to people around the country, [to] get students excited about space." In the future, Dragons could be refurbished for return trips to space.

Meanwhile, SpaceX is working to make the Dragon suitable for carrying astronauts as well as cargo. The development of the SuperDraco thruster system is a key part of that plan, because it fits into the propulsive-landing strategy as well as the launch escape system that NASA will require for safe human spaceflight. Musk said the system could go into operation in three years if the development effort goes well, "maybe four or five if we encounter some challenges along the way."

Other spaceship companies are making strides as well, with advice and financial support from NASA. Here's a quick progress report:

Orbital Sciences Corp., like SpaceX, has been receiving hundreds of millions of dollars to support the development of an unmanned cargo resupply system. Orbital is developing a new rocket called the Antares as well as its Cygnus cargo capsule to do the job. Last month, Orbital, Aerojet and NASA oversaw a full-duration hot-fire test of the AJ26 engine that will be used on the Antares. The first test launch from the Mid-Atlantic Regional Spaceport in Virginia is planned sometime in the next few months, and if all goes according to plan, cargo flights to the space station could begin by early next year under the terms of a $1.9 billion contract.

Blue Origin, the company founded by Amazon.com billionaire Jeff Bezos, is working on a spacecraft that could carry astronauts to the space station, with United Launch Alliance's Atlas 5 rocket to be used as the launch vehicle. On Thursday, Blue Origin reported that it successfully completed a systems requirement review of its orbital Space Vehicle. Blue Origin's president and program manager, Rob Meyerson, said in a statement that the review "paves the way to finalize our Space Vehicle design." Representatives from NASA and the Federal Aviation Administration took part in the review.

The Boeing Co. is developing its CST-100 capsule for NASA's potential use as a taxi for space station astronauts, to be launched by the Atlas 5. The company carried out drop tests in April and May to check the workability of its parachute-plus-airbag landing system. The most recent test involved dropping a CST-100 test vehicle from a helicopter, 14,000 feet above Nevada's Delamar Dry Lake Bed. Boeing's John Mulholland said the test validated the landing system design. Further ground tests of CST-100 components lie ahead, and test flights could begin in 2015-2016, Boeing says.

Video traces a parachute drop test of Boeing's CST-100 space taxi in the Nevada desert.

Sierra Nevada Corp. is developing a mini-shuttle known as the Dream Chaser, to be launched atop an Atlas 5 as a taxi for space station astronauts. This week, Sierra Nevada put the Dream Chaser through its first full-scale, captive-carry flight test. For this test, the space plane was suspended by cables beneath a heavy-lift helicopter. The first free-gliding drop tests are planned for later this year, and Sierra Nevada says the Dream Chaser could be operational by 2016.?

SpaceX, Blue Origin, Boeing and Sierra Nevada, along with other aerospace players such as ATK, Lockheed Martin and Astrium, are expected to compete for further funding from NASA later this year. Which means it's not likely to be a slow summer in the aerospace business. Has the successful Dragon mission made SpaceX the far-and-away frontrunner, or is the commercial space race up in the air? When will U.S. astronauts be flying once again on U.S.-made spaceships? Watch a panel of space commentators, including yours truly, discuss these and other questions?? and feel free to weigh in with your comments below.

Watch space commentators discuss the week's developments, including the return of the Dragon from orbit.

More about the commercial space race:


Alan Boyle is msnbc.com's science editor. Connect with the?Cosmic Log?community by "liking" the log's?Facebook page, following?@b0yle on Twitter?or adding?Cosmic Log's Google+ page?to your circle. You can also check out?"The Case for Pluto,"?my book about the controversial dwarf planet and the search for other worlds.

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Hemorrhoids Free for Good Review

Thanks for visiting this Hemorrhoids Free for Good product review page. Before we get started, let me briefly explain exactly how this page works. I attempt to deliver an impartial report on the product. I take advantage of statistical indicators to create my product evaluations, guaranteeing they're 100% unbiased. I additionally provide information on where you can purchase, a customer comments system than only allows verified buyers to comment and my unique purchase bonus that benefits you for using r.ecommended.com. You should be aware that I have an affiliate connection with hemorrhoidsfreeforgood.com, to get more information please see how this site is financed.
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Relationship Chemistry - A Brief Guide To Understanding The ...

Japanese Developing Sex Robots, Japanese Developing Sex Robots, seks shop,seks shop,seks shopWould a man typically enjoy planning to a baby shower? Virtually no? Why not? Because a man's brain is not really hardwired to like meeting with several women and looking at baby items. People loved the mall's pricy shoes and handbags. I love my family but, their philosophy is "You get genital herpes virus treatments pay for. " I was born with a strong feeling of self-identity so, their feelings didn't deter everyone. In fact, I grew to be encouraged. I was so smitten with the experience that thrift browsing became my new extracurricular activity. Lack of sexual desire is among the most common problems in a lot of women than in men. Low sex desire may have a bad impact in relationships, so lots of women search for different ways to overcome this issue. Spanish fly is a well known female enhancement product. It is also one of the controversial products along with being illegal in most in the countries. Lack of interest in sex is not a permanent problem, for maximum women it is just temporary and some women can get it treated thanks to expert recommended products.

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Friday, June 1, 2012

Malaysia seeks $3.3 billion in palm oil IPO

Malaysian Prime Minister Najib Razak speaks during the launch of Felda Global Ventures Holdings' prospectus in Kuala Lumpur, Malaysia, Thursday, May 31, 2012. Malaysian plantation giant Felda Global Venture Holdings says its initial public offering this month could raise as much as 10.5 billion ringgit ($3.3 billion), the second biggest after Facebook. (AP Photo/Lai Seng Sin)

Malaysian Prime Minister Najib Razak speaks during the launch of Felda Global Ventures Holdings' prospectus in Kuala Lumpur, Malaysia, Thursday, May 31, 2012. Malaysian plantation giant Felda Global Venture Holdings says its initial public offering this month could raise as much as 10.5 billion ringgit ($3.3 billion), the second biggest after Facebook. (AP Photo/Lai Seng Sin)

Malaysian Prime Minister Najib Razak speaks during the launch of Felda Global Ventures Holdings' prospectus in Kuala Lumpur, Malaysia, Thursday, May 31, 2012. Malaysian plantation giant Felda Global Venture Holdings says its initial public offering this month could raise as much as 10.5 billion ringgit ($3.3 billion), the second biggest after Facebook. (AP Photo/Lai Seng Sin)

Malaysian Prime Minister Najib Razak, center, holds Felda Global Ventures Holdings' newly launched prospectus as he poses with Felda Chairman Mohd Isa Samad, left, and Felda Chief Executive Sabri Ahmad, right, in Kuala Lumpur, Malaysia, Thursday, May 31, 2012. Malaysian plantation giant Felda Global Venture Holdings says its initial public offering this month could raise as much as 10.5 billion ringgit ($3.3 billion), the second biggest after Facebook. (AP Photo/Lai Seng Sin)

KUALA LUMPUR, Malaysia (AP) ? Malaysian palm oil giant Felda said Thursday its initial public offering in June could raise up to 10.5 billion ringgit ($3.3 billion), making it the world's second-biggest IPO this year after Facebook.

State-owned Felda Global Venture Holdings said the estimated proceeds were based on a 4.55 ringgit ($1.4) per share price for retail investors. The IPO, which has met resistance from farmers, comes amid turmoil in financial markets that prompted London-based jeweler Graff Diamonds to Thursday shelve its $1.5 billion IPO in Hong Kong.

Felda Chief Executive Sabri Ahmad brushed aside concerns over weakness in global stock markets, saying emerging nations in Asia were an attractive option for investors amid Europe's debt crisis.

"This is safe haven. This is a good asset and we have a good track record," he told a news conference. The IPO has attracted 12 key institutional investors including Qatar Investment and French agribusiness giant Louis Dreyfus, he said.

Malaysia's Prime Minister Najib Razak, who launched the prospectus, said the IPO would be the largest in Asia this year and second biggest in the world after Facebook, which raised $16 billion. Facebook's share price has slumped since its debut last month.

"I believe Felda will perform better than Facebook," Najib said. It is set to list June 28.

Najib said IPO would create wealth for Malaysians and help Felda grow into an international company.

Proceeds from the IPO will be used to boost Felda's expansion in Southeast Asia and Africa.

The IPO, which comes ahead of Malaysian general elections expected this year, faces resistance from thousands of ethnic Malay farmers who fear they would not receive their fair share of benefits.

Felda was set up by the government in the 1950s as part of a rural development plan to alleviate poverty by giving poor Malays land to grow cash crops mainly palm oil and rubber.

Some 200,000 farmers grouped under the Felda Investment Cooperative own 51 percent of Felda Holdings, while Felda Global Venture Holdings has the remaining 49 percent. Under the listing proposal, farmers will swap their stake in Felda Holdings for a 61 percent stake in Felda Global.

Critics warned farmers may lose out because Felda Global's international subsidiaries had reportedly accumulated losses running in the millions. On the other hand, Felda Holdings is hugely profitable, with a massive 880,000 hectares (2.2 million acres) in Malaysia.

Najib has assured the farmers that the listing would be profitable for them, and has promised a 1.68 billion ringgit ($529 million) windfall for the farmers and their families.

The farmers are mainly ethnic Malay Muslims, who make up about two-thirds of Malaysia's 28 million people. It is a delicate issue for the government because their protests could undermine Najib's coalition in national polls.

The Felda group owns 70 palm oil mills, seven refineries as well as a string of other manufacturing plants nationwide. It produces about 3 million tons of crude palm oil annually, or about 8 percent of world output.

Felda Global is expected to overtake Malaysian conglomerate Sime Darby as the world's largest listed plantation group.

Associated Press

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For Obama and Romney, Gay Green Lantern Could Provide Guidance

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Student loan debt climbs high | Finance Enquiry - Latest Analyst ...

New York, June 1(FinanceEnquiry.com) ? Students in America are facing some rough time while paying their college and graduate school fee. The first quarter of 2012 saw total student loan debt growing more than 3% to $904 billion.

The reports by Federal Reserve Bank of New York suggest that student loan debt has been increasing ever since the year 2003, when it was $663 billion.

Where Americans have literally dwindled down other kinds of debts, students are asking for loans at regular intervals. Supporting the fact, senior economist, Donghoon Lee said that student loan is growing at a fast pace even as consumers are reducing mortgage debt and credit card balances.

The maximum comparison of student debt has been drawn with Household debt. While, the household debt had witnessed a fall and reduced to $1.5 trillion, since 2008, the student debt has risen by $293 billion at the same time.

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