Greece economy facing default threat

Latest CNN News--Global stocks are slumping on fears Greece will default on its debts and trigger a crisis in the euro, a currency used by 17 European countries. Speculation about a possible default has increased as negotiations around the government's austerity program stutter. Comments filtering down from politicians in Germany, the eurozone's powerhouse, have also indicated it is possible. German economy minister Philipp Rösler, leader of chancellor Angela Merkel's junior coalition partner the Free Democratic Party, wrote in German newspaper Die Welt that the orderly bankruptcy of Greece should no longer be taboo in the debate. Markets have also been shaken by media reports that officials in Germany are working on a plan to protect the nation's banks in case of a Greek default. Further shockwaves are being sent through the financial sector by fears French banks -- which are exposed to Greek debt -- will be downgraded. Friday's resignation of Jurgen Stark, a member of the European Central Bank's executive board, has also raised concerns about divisions within the ECB over a controversial bond buying program the bank restarted this year.

How did we get here? Didn't the rest of Europe have to bail out Greece?

Greece's economy has struggled since the country joined the euro in 2001. Despite last year's €110 billion bail-out ($150 billion) and the introduction of harsh austerity measures, the country has been unable to balance its books. Resistance to the austerity measures and a contracting economy have made it extremely difficult for Greece to clamber its way out of its financial problems, and it has been forced to negotiate a second package of assistance.

Will Greece default on its debts?

Greece is in financial trouble because it is unable to pay back the debts it owes to its international lenders -- and its earnings are lagging. It has been introducing austerity programs, including a property tax announced over the weekend which is to raise €2bn this year, as it seeks to plug its budget shortfalls. Elisabeth Afseth, of Evolution Securities, said the property tax should placate the International Monetary Fund, European Union and ECB -- the parties keeping Greece afloat -- and make it possible to meet the next budget target. However, she added, the next review may be more difficult and that the "patience of fellow Europeans is running increasingly thin." The financial markets are increasingly pricing a Greek default into the cost of its sovereign debt -- but the timing of any default is unclear. While markets are becoming increasingly jittery about a default in the short-term, the political will to keep Greece afloat could put off any default for some years. According to Afseth, Greece is unlikely to recover without a sizeable restructuring of its finances. Structural reforms could save Greece, she continued, but "this requires a bit of a culture change and will take a long time, longer than they can live with the high debt burden." While the structure for the voluntary exchange of bonds is already in place for some Greek debt, "it still leaves Greek debt far from sustainable," Afseth said. Others say a default is highly likely -- but not for some years. Howard Wheeldon, senior strategist at BGC Brokers, said default would not happen in the short term as the euro's strongest members, Germany and France, want to avoid potential political fallout from a default, given each face upcoming elections.

Source: http://edition.cnn.com/2011/BUSINESS/06/21/euro.greece/index.html?hpt=hp_bn1

Djokovic wins the final of US-Open 2011 tennis tournaments

Latest CNN News: Serb star, Novak Djokovic, beats defending champion Rafael Nadal 6-4, 6-2, 6-7 (3/7), 6-1 to seal the US Open on Monday, his 3rd Grand Slam title of the year in a thrilling  final. The world number one Serb star, who already claimed Australian Open and Wimbledon this year, racked up his 64th win against just two losses all year.

But having been just two points from the title in the 12th game of the third set, his dreams were almost shattered when he dropped the set on a tiebreaker and needed a medical time-out on a strained back muscle. Victory represented the top-seeded, 24-year-old's fourth career Grand Slam trophy after making his breakthrough at the 2008 Australian Open. Nadal, the second seed, had been hoping to collect his 11th major in his 14th Grand Slam final, but instead slumped to his sixth defeat in six meetings in 2011 against Djokovic. The red-hot Serb who triumphed in a four-hour, 10-minute final featuring breathtaking shot-making, rock-solid defence, gruelling rallies as well as warnings for both men for taking too long between points. Victory also allowed Djokovic, now just the sixth man to win three Grand Slams in the same year, to close in further on John McEnroe's 1984 winning record of 82 wins against just three defeats. Djokovic arrived on court sporting a New York fire department baseball cap, a gesture appreciated by the 23,000 crowd, just a day after the 10th anniversary of the September 11 attacks. Despite the tricky, swirling breeze, Nadal was quickly on top, breaking for a 2-0 lead before the Serb hit straight back for 2-1. Djokovic fought off three more break points in the fourth game and the Spaniard was made to pay when impressive court coverage allowed the Serb to bury a deep forehand to break for a 3-2 advantage. A hold and another break, aided by two drop shots which left the struggling Nadal stranded at the back of the court, had Djokovic 5-2 ahead. The Serb comfortably wrapped up the opener in the eighth game -- his six game in succession -- when the second seed netted a backhand as Djokovic again closed in for a volley. In a carbon copy of the first set, Nadal was 2-0 ahead in the next before a marathon third game, which last just over 17 minutes and two exhausting rallies of 21 and 27 shots, was claimed by Djokovic on a sixth break point. He did it in real style, too, three times retrieving the ball from the back of the court before Nadal netted a volley. The Spaniard was becoming increasingly irritated with his inability to sneak away from his opponent as well as constant movement in the stands. Djokovic held comfortably before breaking a weary Nadal when the Spaniard served a third double fault after a fifth game which featured another punishing rally of 28 shots. Nadal avoided a double break in the seventh game and his sudden, new injection of confidence pushed him to even the set at 4-4. But it was another brief respite as back came the Serb with his sixth break of the final for 5-4 which was converted into a two-set lead when Nadal was made to look uncharacteristically heavy-footed as he fruitlessly tried to chase down a blistering Djokovic forehand winner. In a rollercoaster third set, Djokovic broke for 2-1, Nadal hit back for 2-2, the Serb broke again for 3-2 before Nadal levelled again for 3-3. Another lengthy rally, this time 31 shots, punctuated the eighth game where Djokovic saved a break point. The Serb then nipped to 6-5 on his 20th break point of the final and was just two points from the title at 30-30 when Nadal hit back to take the set to the tiebreaker through which he cruised 7/3. Djokovic then summoned the trainer for treatment on his back strain, but incredibly still managed to break for 2-0 and then 5-1 as Nadal's spirit suddenly wilted under a sustained barrage. A razor-sharp backhand set-up match point and the title was his with a sweeping, killer forehand. (AFP)

Toyota robot acting as a violinist

Latest CNN News- A robot is a mechanical intelligent agent which can perform tasks on its own, or with guidance. In practice a robot is usually an electro-mechanical machine which is guided by computer and electronic programming.

Robots can be autonomous or semi-autonomous and come in those two basic types: those which are used for research into human-like systems, such as ASIMO and TOPIO, as well as those into more defined and specific roles, such as Nano robots and Swarm robots; and helper robots which are used to make or move things or perform menial or dangerous tasks, such as Industrial robots or mobile or servicing robots. Another common characteristic is that, by its appearance or movements, a robot often conveys a sense that it has intent or agency of its own.

 The below video is revealing a robot made by Toyota Company. The robot here is acting as violinist and performing a beautiful song tone on the violin.

All these are miracles of science and man is utilizing machine to work for him.

Action should be taken to strengthen Yen

Latest CNN News---The man once tasked with keeping the yen stable says, despite the currency's rapid climb, this is not a time for intervention. Eisuke Sakakibara,Japan's top currency official in the late 1990s, tells Latest CNN News's that effective, persistent intervention is not possible without the consent of the other currency party, somethingJapandoes not have from theUnited Statesat the moment. "Implicitly, theU.S.is following a weak dollar policy. If they are following a strong dollar policy like Robert Rubin in the 1990s, that is a different story," says Sakakibara, widely-known as Mr. Yen. He predicts the strong yen is here to stay for some time – and it could even break the mark of 70 yen to the U.S. dollar. The Japanese yen is considered a major safe-haven currency. In uncertain times, investors flock into the yen and what they see as the relative stability of the Japanese economy, despite its ultra-low interest rates. The "fear factor" for investors has been high in 2011 thanks to the European debt crises and the sputtering in theU.S.economy. That has driven the yen up almost 5% to post-World War II record highs against the dollar. It's a situation that irks Japanese manufacturers likeToyotaor Panasonic. When the yen gets stronger, the companies make less money selling in the major markets of theUnited StatesandEurope. Japan's government intervened on August 4 to try and stop the yen's rise, but the impact was short-lived.Switzerlandhas chosen to go with continuous intervention to keep the Swiss Franc trading at or above 1.20 to the Euro. Such intervention would no be an option forJapan, says Sakakibara, because it's a much bigger economy thatSwitzerlandand the amount of intervention required would be unsustainable. Instead, he says, the solution forJapan's manufacturers is to globalize. They should use the strong yen to build production bases outsideJapan, for mergers and acquisitions and to grow globally. "We should change our mentality to take advantage of the strong yen, rather than to complain about the strange yen," he says with a laugh. "If you are really a globalized company, exchange rate really doesn't affect you."  

Miley Cyrus isn t afraid of flaunting her flirty relationship with Liam Hemsworth

Miley
Hollywood actor Rumor has it, when the former ‘Hannah Montana’ star went to a Chicago club with her actor boyfriend.

Miley Cyrus isn t afraid of flaunting her flirty relationship with Liam Hemsworth. In fact, the New York Post s Page Six has just come out with a claim that on Wednesday (September 7) night, the former “Hannah Montana” star was seen dirty dancing for her actor boyfriend in front of her mother Tish.

 

“Liam was sitting down while Miley was dancing playfully and seductively,” recalled an eyewitness. “Nothing too over the top, though, as she was under the watchful eye of her mom. There was a very relaxed, good energy.” The 18-year-old singer was at the time attending a private party held at Club Paris, Chicago to celebrate the launching of British retailer Topshop.

 

Miley herself has recently talked about being labelled “Good Girl Gone Bad”. In an interview with Asia s Prestige magazine, the “Can t Be Tamed” singer said, “I was like,  What the hell, man?  I stay in the house pretty much every day. I don t go out. I ve had the same boyfriend for two years.”

 

Speaking of public s varying perceptions of her, the “So Undercover” actress acknowledged, “People have very mixed opinions on me.” She added, “I m a great role model, or I m completely inappropriate for anyone under 13 and I am controversial. I don t know how I became this…”

 

source: http://www.latestcnnnews.com/hollywood-actor-miley-cyrus-dancing-for-actor-bo...

Dengue fever is a serious threat to life

Dengue Fever:  

With incidences of dengue fever rising in developing countries, development of a cure should really be ramped up. Unfortunately, there is still no cure for dengue fever. So the best thing that everyone should do is to nip things in the bud and prevent becoming sick in the first place. One of the best ways to prevent yourself from contracting dengue fever is to wear mosquito repellent. This is probably the single best way to stop from being infected. There are many mosquito repellent formulas being sold in the market today. There are even some all-natural formulas that you can also look into if you want a safer formulation.

History:

The first recorded outbreak happened in Australia last 1897. A reoccurrence was noted in 1928 during an epidemic inGreeceand again, for the third time, inTaiwanlast 1931. The initial outbreak inAustraliaverified the epidemic there. It was not long before it reached other Asian countries includingIndia,Indonesia,Maldives,Myanmar,Sri Lanka, and Thailand, as well as inSingapore,Cambodia,China,Laos,Malaysia,New Caledonia,Palau,Philippines, Tahiti andVietnamin the Western Pacific Region. Today, Dengue has most definitely come a long way from being a rare symptom on a foreign land to becoming a common house hold killer among locals evident in almost all Asian nations.

Dengue on Globe: Dengue is associated with poorer tropical third world countries. Leaders inThailandwarned his countrymen of the dengue epidemic that took the lives of six Thais and infected 6000 more. the Cambodian government felt it only right to focus on prevention instead of a cure.Cambodiahas one of the most numbers of people infected by the Dengue fever. The Dengue prevention organization also believes that educational programs are not prioritized seeing that resources to implement them are not evaluated on a regular basis. , Dengue casualties were reduced significantly with the advent of vaccines and anti-biotic along with deadly viruses such as smallpox, poliomyelitis, and acute rheumatic fever. The World Health Organization stated that since 1998, infectious and parasitic diseases killed one-third of all deaths in the world in 1997.

Symptoms of Dengue:

Dengue hemorrhagic fever is a more severe form of the viral illness. Symptoms such as headache, fever, exhaustion, severe joint and muscle pain, swollen glands (lymphadenopathy), and rash. The presence (the "dengue triad") of fever, rash, and headache (and other pains) is particularly characteristic of dengue fever. Diagnosis | Laboratory Tests: Dengue fever may be diagnosed by microbiological laboratory testing. This can be done by virus isolation in cell cultures, nucleic acid detection by PCR, viral antigen detection or specific antibodies (serology). Virus isolation and nucleic acid detection are more accurate than antigen detection, but these tests are not widely available due to their greater cost. All tests may be negative in the early stages of the disease. These laboratory tests are only of diagnostic value during the acute phase of the illness with the exception of serology. Tests for dengue virus-specific antibodies, types IgG and IgM, can be useful in confirming a diagnosis in the later stages of the infection. Both IgG and IgM are produced after 5–7 days. The highest levels (titres) of IgM are detected following a primary infection, but IgM is also produced in secondary and tertiary infections. The IgM becomes undetectable 30–90 days after a primary infection, but earlier following re-infections. IgG, by contrast, remains detectable for over 60 years and, in the absence of symptoms, is a useful indicator of past infection. After a primary infection the IgG reaches peak levels in the blood after 14–21 days. In subsequent re-infections, levels peak earlier and the titres are usually higher. Both IgG and IgM provide protective immunity to the infecting serotype of the virus. In the laboratory test the IgG and the IgM antibodies can cross-react with other flaviviruses, such as yellow fever virus, which can make the interpretation of the serology difficult. The detection of IgG alone is not considered diagnostic unless blood samples are collected 14 days apart and a greater than fourfold increase in levels of specific IgG is detected. In a person with symptoms, the detection of IgM is considered diagnostic.

Prevention from Dengue Fever:

Neither vaccine nor drugs for preventing infection are available. The bite of one infected mosquito can result in infection. The risk of being bitten is highest during the early morning, several hours after daybreak, and in the late afternoon before sunset. However, mosquitoes may feed at any time during the day. Aedes mosquitoes typically live indoors and are often found in dark, cool places such as in closets, under beds, behind curtains, and in bathrooms. Travelers should be advised to use insecticides to get rid of mosquitoes in these areas and to select accommodations with well-screened windows or air conditioning when possible. Additionally, travelers should take measures to avoid being bitten by mosquitoes. Long-term travelers and expatriates can take extra precautions to reduce mosquito-breeding sites around their accommodations by emptying and cleaning or covering any standing water (such as in water storage tanks and flowerpot trays).

A news report prepared by latest cnn news.

Mystery of Bermuda triangle is yet to be resolved

Latest CNN News---The Bermuda Triangle, also known as the Devil's Triangle, is a region in the western part of theNorth Atlantic Ocean where a number of aircraft and surface vessels allegedly disappeared under mysterious circumstances. Popular culture has attributed these disappearances to the paranormal or activity byextraterrestrial beings. Documented evidence indicates that a significant percentage of the incidents were inaccurately reported or embellished by later authors, and numerous official agencies have stated that the number and nature of disappearances in the region is similar to that in any other area of ocean. The Triangle Area:

The boundaries of the triangle cover the Straits of Florida, the Bahamas and the entire Caribbeanisland area and the Atlantic east to the Azores. The more familiar triangular boundary in most written works has as its points somewhere on the Atlantic coast of Miami; San Juan, Puerto Rico; and the mid-Atlanticislandof Bermuda, with most of the accidents concentrated along the southern boundary around theBahamasand theFloridaStraits. The area is one of the most heavily traveled shipping lanes in the world, with ships crossing through it daily for ports in the Americas, Europe, and the Caribbean Islands. Cruise ships are also plentiful, and pleasure craft regularly go back and forth betweenFloridaand the islands. It is also a heavily flown route for commercial and private aircraft heading towardsFlorida, the Caribbean, andSouthAmerica from points north.

History:

Origins:

The earliest allegation of unusual disappearances in theBermudaarea appeared in a September 16, 1950 Associated Press article by Edward Van Winkle Jones. Two years later, Fate magazine published "Sea Mystery at Our Back Door",a short article by George X. Sand covering the loss of several planes and ships, including the loss of Flight 19, a group of five U.S. Navy TBM Avenger bombers on a training mission. Sand's article was the first to lay out the now-familiar triangular area where the losses took place. Flight 19 alone would be covered in the April 1962 issue of American Legion Magazine. It was claimed that the flight leader had been heard saying "We are entering white water, nothing seems right. We don't know where we are, the water is green, no white." It was also claimed that officials at the Navy board of inquiry stated that the planes "flew off to Mars." Sand's article was the first to suggest a supernatural element to the Flight 19 incident. In the February 1964 issue of Argosy, Vincent Gaddis's article "The Deadly Bermuda Triangle" argued that Flight 19 and other disappearances were part of a pattern of strange events in the region. The next year, Gaddis expanded this article into a book, Invisible Horizons. Others would follow with their own works, elaborating on Gaddis's ideas: John Wallace Spencer (Limbo of the Lost, 1969, repr. 1973);Charles Berlitz (The Bermuda Triangle, 1974); Richard Winer (The Devil's Triangle, 1974), and many others, all keeping to some of the same supernatural elements outlined by Eckert.

Larry Kusche:

Lawrence David Kusche, a research librarian from ArizonaStateUniversity and author of The Bermuda Triangle Mystery: Solved (1975)argued that many claims of Gaddis and subsequent writers were often exaggerated, dubious or unverifiable. Kusche's research revealed a number of inaccuracies and inconsistencies between Berlitz's accounts and statements from eyewitnesses, participants, and others involved in the initial incidents. Kusche noted cases where pertinent information went unreported, such as the disappearance of round-the-world yachtsman Donald Crowhurst, which Berlitz had presented as a mystery, despite clear evidence to the contrary. Another example was the ore-carrier recounted by Berlitz as lost without trace three days out of an Atlantic port when it had been lost three days out of a port with the same name in the Pacific Ocean. Kusche also argued that a large percentage of the incidents that sparked allegations of the Triangle's mysterious influence actually occurred well outside it. Often his research was simple: he would review period newspapers of the dates of reported incidents and find reports on possibly relevant events like unusual weather, that were never mentioned in the disappearance stories. Kusche concluded that:

  1. The number of ships and aircraft reported missing in the area was not significantly greater, proportionally speaking, than in any other part of the ocean.
  2. In an area frequented by tropical storms, the number of disappearances that did occur were, for the most part, neither disproportionate, unlikely, nor mysterious; furthermore, Berlitz and other writers would often fail to mention such storms.
  3. The numbers themselves had been exaggerated by sloppy research. A boat's disappearance, for example, would be reported, but its eventual (if belated) return to port may not have been.
  4. Some disappearances had, in fact, never happened. One plane crash was said to have taken place in 1937 off Daytona Beach,Florida, in front of hundreds of witnesses; a check of the local papers revealed nothing.
  5. The legend of the Bermuda Triangle is a manufactured mystery, perpetuated by writers who either purposely or unknowingly made use of misconceptions, faulty reasoning, and sensationalism.

Supernatural Explanation: Triangle writers have used a number of supernatural concepts to explain the events. One explanation pins the blame on leftover technology from the mythical lost continent of Atlantis. Sometimes connected to the Atlantis story is the submerged rock formation known as the Bimini Road off theislandof Bimini in theBahamas, which is in the Triangle by some definitions. Followers of the purported psychic Edgar Caycetake his prediction that evidence of Atlantis would be found in 1968 as referring to the discovery of the Bimini Road. Believers describe the formation as a road, wall, or other structure, though geologists consider it to be of natural origin. Other writers attribute the events to UFOs. This idea was used by Steven Spielberg for his science fiction film Close Encounters of the Third Kind, which features the lost Flight 19 aircrews as alien abductees. Charles Berlitz, author of various books on anomalous phenomena, lists several theories attributing the losses in the Triangle to anomalous or unexplained forces. Natural Explanation:

Compass variations:

Compass problems are one of the cited phrases in many Triangle incidents. While some have theorized that unusual local magnetic anomalies may exist in the area, such anomalies have not been shown to exist. Compasses have natural magnetic variations in relation to the magnetic poles, a fact which navigators have known for centuries. Magnetic (compass) north and geographic (true) north are only exactly the same for a small number of places – for example, as of 2000 in theUnited Statesonly those places on a line running from Wisconsin to the Gulf of Mexico. But the public may not be as informed, and think there is something mysterious about a compass "changing" across an area as large as the Triangle, which it naturally will.

Deliberate acts of destruction:

Deliberate acts of destruction can fall into two categories: acts of war, and acts of piracy. Records in enemy files have been checked for numerous losses. While many sinkings have been attributed to surface raiders or submarines during the World Wars and documented in various command log books, many others suspected as falling in that category have not been proven. It is suspected that the loss of USSCyclops in 1918, as well as her sister ships Proteus and Nereus in World War II, were attributed to submarines, but no such link has been found in the German records Piracy—the illegal capture of a craft on the high seas—continues to this day. While piracy for cargo theft is more common in the western Pacific and Indian oceans, drug smugglers do steal pleasure boats for smuggling operations, and may have been involved in crew and yacht disappearances in theCaribbean. Piracy in theCaribbean was common from about 1560 to the 1760s, and famous pirates included Edward Teach (Blackbeard) and Jean Lafitte.

Hurricanes:

Hurricanes are powerful storms, which form in tropical waters and have historically cost thousands of lives lost and caused billions of dollars in damage. The sinking of Francisco de Bobadilla's Spanish fleet in 1502 was the first recorded instance of a destructive hurricane. These storms have in the past caused a number of incidents related to the Triangle. Notable Incidents:

Flight 19:

Flight 19 was a training flight of TBM Avenger bombers that went missing on December 5, 1945, while over theAtlantic. The squadron's flight path was scheduled to take them due east for 120 miles, north for 73 miles, and then back over a final 120-mile leg that would return them to the naval base, but they never returned. A search and rescue Mariner aircraft with a 13-man crew was dispatched to aid the missing squadron, but the Mariner itself was never heard from again. Later, there was a report from a tanker cruising off the coast ofFloridaof a visible explosion at about the time the Mariner would have been on patrol. While the basic facts of this version of the story are essentially accurate, some important details are missing. The weather was becoming stormy by the end of the incident, and naval reports and written recordings of the conversations between Taylor and the other pilots of Flight 19 do not indicate magnetic problems.

Star Tiger and Star Ariel:

G-AHNP Star Tiger disappeared on January 30, 1948 on a flight from the Azores to Bermuda; G-AGREStar Ariel disappeared on January 17, 1949, on a flight from Bermuda to Kingston, Jamaica. Both wereAvro Tudor IV passenger aircraft operated by British South American Airways.[44] Both planes were operating at the very limits of their range and the slightest error or fault in the equipment could keep them from reaching the small island. One plane was not heard from long before it would have entered the Triangle.[14]

Douglas DC-3:

On December 28, 1948, a Douglas DC-3 aircraft, number NC16002, disappeared while on a flight fromSan Juan, Puerto Rico, toMiami. No trace of the aircraft or the 32 people onboard was ever found. From the documentation compiled by the Civil Aeronautics Board investigation, a possible key to the plane's disappearance was found, but barely touched upon by the Triangle writers: the plane's batteries were inspected and found to be low on charge, but ordered back into the plane without a recharge by the pilot while inSan Juan. Whether or not this led to complete electrical failure will never be known. However, since piston-engined aircraft rely upon magnetos to provide spark to their cylinders rather than a battery powered ignition coil system, this theory is not strongly convincing.

KC-135 Stratotankers:

On August 28, 1963, a pair of US Air Force KC-135 Stratotanker aircraft collided and crashed into theAtlantic. The Triangle version (Winer, Berlitz, Gaddis) of this story specifies that they did collide and crash, but there were two distinct crash sites, separated by over 160 miles (260 km) of water. However, Kusche's research showed that the unclassified version of the Air Force investigation report stated that the debris field defining the second "crash site" was examined by a search and rescue ship, and found to be a mass of seaweed anddriftwood tangled in an old buoy.

SS Marine Sulphur Queen:

SS Marine Sulphur Queen, a T2 tanker converted from oil to sulfur carrier, was last heard from on February 4, 1963 with a crew of 39 near theFlorida Keys. Marine Sulphur Queen was the first vessel mentioned in Vincent Gaddis' 1964 Argosy Magazine article, but he left it as having "sailed into the unknown", despite the Coast Guard report, which not only documented the ship's badly-maintained history, but declared that it was an unseaworthy vessel that should never have gone to sea.  

Sebastian Vettel won the Italian Grand Prix on Sunday from defending champion Fernando Alonso.

Grand_prix
Sebastian Vettel won the Italian Grand Prix on Sunday from defending champion Fernando Alonso.
Vettel s eighth victory of the year gives the Red Bull driver an opportunity to clinch his second Formula One title in the next race in Singapore later this month.

 

“It has been an incredible year so far, having progressed so much as a team we ve got ourselves in a very good position,” Vettel said.
Vettel became the youngest race winner in F1 history at Monza in 2008 at the age of 21 with Toro Rosso but his fourth-place finish last year was Red Bull s best result in six attempts at the track until now.

 

Alonso put one tire of his Ferrari on the grass to get around McLaren s Lewis Hamilton and then beat Vettel to the first chicane.
Vettel wasn t about to stay second, however, and went around Alonso on the outside of the sweeping Curva Grande in the fifth lap, cruising to victory from there.

 

McLaren s Jenson Button eventually passed Alonso to finish second and Alonso was third at the checkered flag.

 

Hamilton finished fourth, five-time Monza champion Michael Schumacher of Mercedes was fifth and Ferrari s Felipe Massa crossed sixth.
Bruno Senna of Renault nephew of the late Brazilian F1 great Ayrton Senna finished ninth for his first points in F1.

 

Vettel clocked 1 hour, 20 minute, 46.172 seconds for the 53-lap race, with Button crossing 9.590 seconds behind and Alonso 16.909 back.

 

Source: http://www.latestcnnnews.com/ssbastian-vettel-won-the-italian-grand-prix.html

Violent clashes break out in during an annual march to commemorate

Chile
Chile: Violent clashes break out in during an annual march to commemorate the 1973 coup.
Protesters battled police in Chile s capital on Sunday as violent clashes broke out when demonstrators marched in remembrance of a military coup that ended the rule of Marxist President Salvador Allende some 38 years ago.

Youths blocked roads, threw rocks and set fire to piles of trash at intersections. Police then used water cannon and tear gas to defuse the latest rash of social unrest against conservative billionaire President Sebastian Pinera s policies. Television footage from the scene of the protests showed at least two people being detained by police.

 

Led by students demanding free education, hundreds of thousands of people have taken to the streets in recent months to call for greater distribution of the income of a copper price boom in the world s top producer of the metal.

 

While Latin America s model economy is seen expanding 6.6 percent this year and is an investor magnet thanks to prudent fiscal and monetary policies, many ordinary Chileans feel they are not sharing in Chile s economic miracle.

 

Sunday s march is held annually to commemorate Salvador Allende, who was 65 when he died and is venerated by the left as a champion of the downtrodden. His portrait gazes from posters in street markets alongside those of other left-wing heroes such as Che Guevara and Karl Marx.

 

His election infuriated US president Richard Nixon and his economic policies met violent opposition from Chilean business and foreign capital dried up and inflation soared to 300 percent.

Hollywood actres Cynthia Rowley delays her show for 40 minutes

Lindsy_lohan
New York: hollywood actres stressed-out Cynthia Rowley delays her show for 40 minutes at Mercedes-Benz Fashion Week.
Better late than never, Lindsay Lohan kept Cynthia Rowley and her guests waiting for 40 minutes, as she made her way to Lincoln Center on Friday (September 09) for Mercedes-Benz Fashion Week in New York.
A stressed-out Rowley anxiously awaited backstage, trying to track the actress  whereabouts, as her show managers delayed the start the designer s Spring 2012 runway show.

 

A wash of relief washed over the New York-based designer as Lohan walked into the backstage entrance of the show tent.
The two embraced, as Lohan rushed to her seat.

 

After the show, the actress asked Rowley for one of her dresses and the designer directed her to the rack.

 

Reuters Television asked Lohan what she thought of the show.

 

“It was amazing,” she replied.

 

Audience members and media were held going backstage after the show, until Lohan finished her shopping.

 

The designer and actress posed for pictures with Rowley s two daughters and a younger girl s friend.

 

Mercedes-Benz Fashion Week in New York ends on September 15.