Environmental crises may threaten pensions

SAVE the planet, save your pension. A new report claims that environmental problems could bust pension funds by 2050.

Aled Jones of Anglia Ruskin University in Cambridge, UK, and his colleagues drew together evidence about a wide range of environmental problems, from water shortages to atmospheric pollution to climate change. They plugged these into models used to predict the values of pension funds.

Jones ran several scenarios, varying how quickly governments and industry responded to environmental problems. The results are published by the UK's Institute and Faculty of Actuaries (IFA). In almost all cases the value of funds began to fall before 2100. In the worst-case scenario, where governments and markets did nothing, values dropped steeply from around 2020 and fell to zero by 2050.

"Despite strong evidence that there is a risk that resource constraints could have significant economic impacts, these risks are not being factored in by many actors in the global economy," says Peter Tompkins of the IFA.

If you would like to reuse any content from New Scientist, either in print or online, please contact the syndication department first for permission. New Scientist does not own rights to photos, but there are a variety of licensing options available for use of articles and graphics we own the copyright to.

All comments should respect the New Scientist House Rules. If you think a particular comment breaks these rules then please use the "Report" link in that comment to report it to us.

If you are having a technical problem posting a comment, please contact technical support.

Read More..

13 bids for Yishun mixed commercial & residential site tender

SINGAPORE: The tender for a mixed commercial and residential site at Yishun Ring Road/Yishun Avenue 9 has attracted 13 bids.

According to the Housing and Development Board (HDB), the highest bid of S$212.1 million was submitted by CEL Property - subsidiary of Singapore-listed Chip Eng Seng Corporation.

This translates into about S$8,551 per square metre of gross floor area.

The second highest bid was jointly placed by Boo Han Holdings and Far East Orchard at S$193.7 million.

URA said the other bids for the 99-year leasehold site ranged between S$55.5 million to S$182.6 million.

CBRE Research said the level of interest was "within expectations".

It believed that the residential project above the retail space should generate a fair amount of interest, going by the success of other mixed-use sites like The Hillier and Bedok Residences.

The firm pointed out that Northpoint is the only shopping mall in the area at present. Hence, the retail space that is developed in the site should be well-received by residents, office workers and students in the vicinity.

Desmond Sim, Associate Director, CBRE Research said: "This site will be the first private residential project in the proximity of Yishun MRT station and will be a pre-cursor to the next mixed use site at the current Yishun Bus Interchange, that will be put up for sale in June 2013."

CBRE Research estimates that the developer could sell the retail portion on a strata-titled basis at around S$3,000 psf to S$4,000 psf and the residential units at around S$900 psf."

The land parcel spans 8,858.3 square metres, and has a maximum permissible gross floor area of 24,803 square metres.

HDB said a decision on the award of the tender would be made after the bids have been evaluated.

- CNA/xq

Read More..

Nokia boosts hope in future as losses turn to profit

Nokia has finally turned a profit.

(Credit:
Nokia)

Nokia might be down, but it's certainly not out.

The company today reported its fourth-quarter earnings, and offered up performance that might make its doomsayers think twice. During the fourth quarter, Nokia was able to generate a profit of 202 million euros ($269 million), a massive gain over the 1 billion euros the company lost during the same period in 2011. Nokia's profit was generated amid slumping revenue that fell from 10 billion euros in the fourth quarter of 2011 to 8 billion last quarter.

On a full-year basis, Nokia could only muster 30.2 billion euros in sales, down 22 percent compared to the 38.7 billion euros it generated in 2011. Its 2012 operating profit was down to a 2.3 billion euro loss, compared to a 1.1 billion euro loss in all of 2011.

Nokia's Devices & Services operation also took some hits, with fourth-quarter revenue dropping from 6 billion in 2011 to 3.9 billion last quarter. That division's sales on an annual basis were down 34 percent.

Nokia's Devices division was boosted by a strong showing for Lumia sales in the fourth quarter, which hit 4.4 million units worldwide. However, the company's Smart Devices division could only muster 6.6 million unit sales, helping the company realize a 66 percent year-over-year decline.

More to come...

Read More..

Deformed Dolphin Accepted Into New Family

In 2011, behavioral ecologists Alexander Wilson and Jens Krause of the Leibniz-Institute of Freshwater Ecology and Inland Fisheries in Germany were surprised to discover that a group of sperm whales (Physeter macrocephalus)—animals not usually known for forging bonds with other species—had taken in an adult bottlenose dolphin (Tursiops truncatus).

The researchers observed the group in the ocean surrounding the Azores (map)—about 1,000 miles (1,600 kilometers) off the coast of Lisbon, Portugal—for eight days as the dolphin traveled, foraged, and played with both the adult whales and their calves. When the dolphin rubbed its body against the whales, they would sometimes return the gesture.

Among terrestrial animals, cross-species interactions are not uncommon. These mostly temporary alliances are forged for foraging benefits and protection against predators, said Wilson.

They could also be satisfying a desire for the company of other animals, added marine biologist John Francis, vice president for research, conservation, and exploration at the National Geographic Society (the Society owns National Geographic news).

Photographs of dogs nursing tiger cubs, stories of a signing gorilla adopting a pet cat, and videos of a leopard caring for a baby baboon have long circulated the web and caught national attention.

A Rare Alliance

And although dolphins are known for being sociable animals, Wilson called the alliance between sperm whale and bottlenose dolphin rare, as it has never, to his knowledge, been witnessed before.

This association may have started with something called bow riding, a common behavior among dolphins during which they ride the pressure waves generated by the bow of a ship or, in this case, whales, suggested Francis.

"Hanging around slower creatures to catch a ride might have been the first advantage [of such behavior]," he said, adding that this may have also started out as simply a playful encounter.

Wilson suggested that the dolphin's peculiar spinal shape made it more likely to initiate an interaction with the large and slow-moving whales. "Perhaps it could not keep up with or was picked on by other members of its dolphin group," he said in an email.

Default

But the "million-dollar question," as Wilson puts it, is why the whales accepted the lone dolphin. Among several theories presented in an upcoming paper in Aquatic Mammals describing the scientists' observations, they propose that the dolphin may have been regarded as nonthreatening and that it was accepted by default because of the way adult sperm whales "babysit" their calves.

Sperm whales alternate their dives between group members, always leaving one adult near the surface to watch the juveniles. "What is likely is that the presence of the calves—which cannot dive very deep or for very long—allowed the dolphin to maintain contact with the group," Wilson said.

Wilson doesn't believe the dolphin approached the sperm whales for help in protecting itself from predators, since there aren't many dolphin predators in the waters surrounding the Azores.

But Francis was not so quick to discount the idea. "I don't buy that there is no predator in the lifelong experience of the whales and dolphins frequenting the Azores," he said.

He suggested that it could be just as possible that the sperm whales accepted the dolphin for added protection against their own predators, like the killer whale (Orcinus orca), while traveling. "They see killer whales off the Azores, and while they may not be around regularly, it does not take a lot of encounters to make [other] whales defensive," he said.

Read More..

Majority Favors Obama's Gun Control Plan

Jan 24, 2013 7:00am

Charles Dharapak/AP Photo

Most Americans respond positively to the stricter gun control measures Barack Obama proposed last week in the wake of the tragic shootings in Newtown, Conn. – but by less of a margin than such measures receive outside the context of partisan politics.

Fifty-three percent in the latest ABC News/Washington Post poll view Obama’s gun control plan favorably, 41 percent unfavorably. Strong proponents outnumber strong opponents by 38 vs. 31 percent in this poll, produced for ABC by Langer Research Associates.

See PDF with full results here.

Obama urged measures including background checks on all guns sales, reinstating the assault weapons ban, banning high-capacity ammunition magazines and armor-piercing bullets, new gun trafficking laws and increased access to mental health treatment.

Support for the package is lower than it was for some of the same steps tested individually in an ABC/Post poll earlier this month. Majorities from 88 to 65 percent favored background checks at gun shows and on ammunition purchases, creating a federal database to track gun sales and banning high-capacity magazines. That included, in each case, majorities of Democrats, Republicans and independents alike.

In this poll, asking about “Barack Obama’s proposals for stricter gun control,” partisan allegiances kick in. The president’s proposals are seen favorably by 76 percent of Democrats but unfavorably by 72 percent of Republicans; most on each side feel strongly about their respective positions. Independents split 51-44 percent, favorable-unfavorable.

What remains to be seen is whether the president can overcome those partisan predispositions in his efforts to encourage Congress to pass the legislation he seeks.

Among other groups, Obama’s proposals are viewed positively by 56 percent of women vs. 49 percent of men; 58 percent of seniors vs. 47 percent of young adults; 66 percent in the Northeast vs. 50 percent in the rest of the country; 72 percent of nonwhites vs. 43 percent of whites; and 73 percent of liberals vs. 36 percent of conservatives.

The survey was done by landline and cellular telephone Jan. 16-20 among a random national sample of 1,033 adults, and the results have a 3.5 point-error margin.

SHOWS: This Week

Read More..

Accidental physics: Why mass has a split personality

MacGregor Campbell, contributor

We interact with the concept of mass every day. Without it, gravity wouldn't keep us firmly planted on Earth. But mass is also a component of inertia, making it hard, for example, to push a stalled car.

On the surface, inertia and gravity don't seem to have much in common. But in experiments, these two versions of mass always give the same results. Although we've been aware of the coincidence since Galileo's day, the only explanation, proposed by Einstein, has been much disputed.

In this video, we delve into the split personality of mass, exposing the conundrum that lies at the core of one of the most basic concepts in physics. For more on the topic, read our full-length feature article, "Sacrificing Einstein: Relativity's keystone has to go".

For more mind-bending animations, check out our previous explainers to find out, for example, how to change the past, or if space is really infinite.

Read More..

Smaller terror groups drive threat in Indonesia

JAKARTA: With all the major suspects involved in the 2002 Bali bombings killed or imprisoned, smaller groups with more local aims are driving the terrorist threat in Indonesia.

Experts highlighted this, as part of discussions into the changing pattern of terrorism, at a forum in Jakarta.

Indonesian security forces have so far arrested almost 800 people on suspicion of militancy and sentenced nearly 700 of them.

But while the security forces' efforts and internal rifts have left Indonesia's most feared terror group Jemaah Islamiyah weakened, some members have now moved to form new cells and seek new recruits.

These new cells are now targeting the police, rather than orchestrating large scale bombings against Westerners.

"Like it or not, the excessive use of violence by authorities has spurred the possibility of the emergence of small cells, therefore we witness, if we look at the incidents, more attacks are towards the police," said Noor Huda Ismail, director executive at Institute for International Peace Building.

"Because they have enough oxygen to continue to breathe, enough ammunition to continue the recruitment because of the excessive of powers and this problem will linger until the next years."

Terrorists are increasingly using the Internet to tap into this perception of over-reach by authorities, using it to spread their message, and also raise funds.

They are even looking into hacking as part of fund raising efforts, in addition to donations, bank robberies, and legitimate front businesses.

But their network on the ground remains strong.

Experts say a major challenge for authorities is to track "dot connectors" -- ordinary people with radical thoughts who volunteer to connect the different terror cells spread out across the country.

"We tend to focus on big names like Santoso (a wanted terror suspect), who has become a celebrity in the media, but we forget these small actors who actually connect the dots," said Ms Noor Huda.

Ms Noor Huda also said post conflict areas such as Poso and Ambon will remain vulnerable conflict areas as they are conducive places for further terrorist recruitment.

Women who in the past served as moral support are now taking an active role in the terror cells by running shelters for terrorists on the run.

Terror expert Professor Greg Barton, meanwhile, put the focus on at-risk groups vulnerable to being recruited, saying the government needs to pay more attention to them.

He also felt civil society needs to be empowered to help prevent terror convicts from becoming repeat offenders.

Prof Barton said: "At best, many people who could be helped to permanently walk away from terrorism fall back into the old communities, the old networks because they are not helped to provide an alternative. Practical things like plugging them into new employment opportunities, new social networks are really key."

Professor Barton hopes Indonesia's two largest Muslim organisations, Nahdatul Ulama and Muhammadiyah, play a larger role in creating post-prison rehabilitation programmes to help former convicts embrace a new way of life.

- CNA/xq

Read More..

Google's Native Client reaches ARM-based Chromebooks

Google has finished a version of its Native Client programming technology that extends beyond mainstream x86 PC processors into the world of ARM chips.

Native Client, or NaCl for short, is designed to let programmers easily adapt the C or C++ software they've written for native software so that it can run as a part of Web apps, too. It's designed for high performance, but it's also got security mechanisms built in to counter the risks of running malicious code directly on the processor. The first version of NaCl, though, only worked on personal computers using Intel or AMD's x86 chips.

Google's David Sehr announced NaCl for ARM today with version 25 of its NaCl software developer kit, which programmers use to build NaCl programs.

The technology is designed so that programmers can bring their existing code to the Web -- for example, game designers who have written a physics engine in C++. But NaCl has been at odds with the Web philosophy in one important way, namely, that NaCl software doesn't simply run on any device with a browser.

Extending to ARM is thus an important step for NaCl, because ARM chips power almost every smartphone out there. But this version of NaCl doesn't do that -- it only works on the new ARM-based Samsung Chromebooks.

To reach mobile phones, Google is banking on a revamp called Portable Native Client, or PNaCl. It adopts a low-level translation technology called LLVM that adapts native code to a variety of processors.

"With Portable Native Client, we'll be able to support not just today's architectures, but also those of tomorrow - and developers won't have to recompile their app," Sehr said in the blog post.

With PNaCl, programmers will be able to produce a single package (with the .pexe extension rather than NaCl's .nexe extension) that will run on all supported devices. With today's approach, programmers must produce separate .nexe files for ARM and for x86.

Another major challenge for Native Client is attracting support. It's built into Chrome, but no other major browser maker supports it, and Mozilla is downright frosty about NaCl.

So far you can only get NaCl software through Google's Chrome Web Store. That's also a big departure from the ordinary Web, where you simply point a browser at a Web page to fetch the necessary HTML, CSS, and JavaScript software.

That'll change with PNaCl, too, Google said. The Chrome Web Store is required today to ensure software is compatible with different chip architectures, Google said in a statement. PNaCl sheds this chip-architecture constraint.

Read More..

The Promise and Perils of Mining Asteroids

Encouraged by new space technologies, a growing fleet of commercial rockets and the vast potential to generate riches, a group of entrepreneurs announced Tuesday that they planned to mine the thousands of near-Earth asteroids in the coming decades.

The new company, Deep Space Industries (DSI), is not the first in the field, nor is it the most well-financed. But with their ambition to become the first asteroid prospectors, and ultimately miners and manufacturers, they are aggressively going after what Mark Sonter, a member of DSI's board of directors, called "the main resource opportunity of the 21st century." (Related: "Asteroid Hunter to Be First Private Deep-Space Mission?")

Prospecting using miniaturized "cubesat" probes the size of a laptop will begin by 2015, company executives announced. They plan to return collections of asteroid samples to Earth not long after.

"Using low cost technologies, and combining the legacy of [the United States'] space program with the innovation of today's young high tech geniuses, we will do things that would have been impossible just a few years ago," said Rick Tumlinson, company chairman and a longtime visionary and organizer in the world of commercial space [not sure what commercial space means].

"We sit in a sea of resources so infinite they're impossible to describe," Tumlinson said.

Added Value

There are some 9,000 asteroids described as "near-Earth," and they contain several classes of resources that entrepreneurs are now eyeing as economically valuable.

Elements such as gold and platinum can be found on some asteroids. But water, silicon, nickel, and iron are the elements expected to become central to a space "economy" should it ever develop.

Water can be "mined" for its hydrogen (a fuel) and oxygen (needed for humans in space), while silicon can be used for solar power systems, and the ubiquitous nickel and iron for potential space manufacturing. (See an interactive on asteroid mining.)

Sonter, an Australian mining consultant and asteroid specialist, said that 700 to 800 near-Earth asteroids are easier to reach and land on than the moon.

DSI's prospecting spacecraft will be called "FireFlies," a reference to the popular science fiction television series of the same name. The FireFlies will hitchhike on rockets carrying up communication satellites or scientific instruments, but they will be designed so that they also have their own propulsion systems. The larger mining spacecraft to follow have been named "DragonFlies."

Efficiencies

It all sounds like science fiction, but CEO David Gump said that the technology is evolving so quickly that a space economy can soon become a reality. Providing resources from beyond Earth to power spacecraft and keep space travelers alive is the logical way to go.

That's because the most expensive and resource-intensive aspect of space travel is pushing through the Earth's atmosphere. Some 90 percent of the weight lifted by a rocket sending a capsule to Mars is fuel. Speaking during a press conference at the Santa Monica Museum of Flying in California, Gump said that Mars exploration would be much cheaper, and more efficient, if some of the fuel could be picked up en route. (Related: "7 Ways You Could Blast Off by 2023.")

Although there is little competition in the asteroid mining field so far, DSI has some large hurdles ahead of it. The first company to announce plans for asteroid mining was Planetary Resources, Inc. in spring 2012—the group is backed by big-name investors such as Google's Larry Page and Eric Schmidt, filmmaker James Cameron, and early Google investor Ram Shriram. DSI is still looking for funding.

Owning Asteroids

While these potential space entrepreneurs are confident they can physically lay claim to resources beyond Earth, there remain untested legal issues.

The United Nations Space Treaty of 1967 expressly forbids ownership of other celestial bodies by governments on Earth. But American administrations have long argued that the same is not true of private companies and potential mining rights.

While an American court has ruled that an individual cannot own an asteroid—as in the case of Gregory Nemitz, who laid claim to 433 Eros as a NASA spacecraft was approaching it in 2001—the question of extraction rights has not been tested.

Moon rocks brought back to Earth during the Apollo program are considered to belong to the United States, and the Russian space agency has sold some moon samples it has returned to Earth-sales seen by some as setting a precedent.

Despite the potential for future legal issues, DSI's Gump said his group recently met with top NASA officials to discuss issues regarding technology and capital, and came away optimistic. "There's a great hunger for the idea of getting space missions done with smaller, cheaper 'cubesat' technology and for increased private sector involvement."

Everyone involved acknowledged the vast challenges and risks ahead, but they see an equally vast potential—both financial and societal.

"Over the decades, we believe these efforts will help expand the civilization of Earth into the cosmos, and change what it means to be a citizen of this planet," Tumlinson said.

Read More..

Te'o Tells Couric He Briefly Lied About Girlfriend

Manti Te'o briefly lied to the media and the public after discovering his online girlfriend did not exist and was a part of an elaborate hoax, he admitted in an exclusive interview with ABC News' Katie Couric.

The star Notre Dame linebacker, who has been hounded by the reporters since the story broke Jan. 16, told Couric in a taped interview Tuesday that he was not lying up until December. Te'o said he was duped into believing his online girlfriend, Lennay Kekua, died of cancer.

"You stuck to the script. And you knew that something was amiss, Manti," Couric said.

"Katie, put yourself in my situation. I, my whole world told me that she died on Sept. 12. Everybody knew that. This girl, who I committed myself to, died on Sept. 12," Te'o said.

Te'o said he received a phone call Dec. 6 from a woman claiming she was Kekua, even though Kekua had allegedly passed away three months earlier.

"Now I get a phone call on Dec. 6, saying that she's alive and then I'm going be put on national TV two days later. And to ask me about the same question. You know, what would you do?" Te'o said.

See more exclusive previews tonight on "World News With Diane Sawyer" and "Nightline." Watch Katie Couric's interview with Manti Te'o and his parents Thursday. Check your local listings or click here for online station finder.

Te'o, 21, was joined by his parents, Brian and Ottilia, in the interview.

"Now many people writing about this are calling your son a liar. They are saying he manipulated the truth, really for personal gain," Couric said to Te'o's father.

Man Allegedly Behind the Manti Te?o Dead Girlfriend Hoax Watch Video

Manti Te'o Girlfriend Hoax: The Man Accused of Elaborate Prank Watch Video

'Catfish' Documentary Creator on Manti Te'o Hoax Watch Video

"People can speculate about what they think he is. I've known him 21 years of his life. And he's not a liar. He's a kid," Brian Te'o said with tears in his eyes.

Click here for a who's who in the Manti Te'o case.

Diane O'Meara told NBC's "Today" show Tuesday that she was used as the "face" of the Twitter account of Manti Te'o's online girlfriend without her knowledge or consent.

O'Meara said that Ronaiah Tuiasosopo used pictures of her without her knowledge in creating Kekua.

"I've never met Manti Te'o in my entire life. I've never spoke with him. I've never exchanged words with him," O'Meara said Tuesday.

The 23-year-old marketing executive went to high school in California with Tuiasosopo, but she says they're not close. Tuiasosopo called to apologize the day Deadspin.com broke the hoax story, she said.

Timeline of Manti Te'o girlfriend hoax story

In an interview with ESPN last week, Te'o said he had received a Twitter message from Tuiasosopo apologizing for the hoax.

The Hawaiian also spoke to Tuiasosopo on the phone the day the Deadspin report came out, according to ESPN.com. He found out that "two guys and a girl are responsible for the whole thing," he said.

But he did not know the identities of the other individuals involved, other than the man he says was Tuiasosopo.

Tuiasosopo, a 22-year-old resident of California, has not admitted involvement publicly. Tuiasosopo graduated from Paraclete High School in Lancaster, Calif., in 2007 and has posted dozens of videos online signing Christian songs.

Those who knew him say he was a devout Christian and a good athlete. His former football coach Jon Flemming described him as gregarious, and from a "good loving family." Flemming said Tuiasosopo is the kind of guy who gives you a hug when he sees people he knows.

"He's doing good. Wishing everyone would go away," Flemming told ABC News Wednesday after a recent correspondence with Tuiasosopo.

Flemming said Tuiasosopo is "somebody I'd want my kid to grow up like. He's responsible, respectful, disciplined, dedicated."

Tessi Toluta'u, a Polynesian beauty queen, told ABC News this weekend that "Lennay Kekua" reached out to her in 2008 about entering pageants.

When visiting Los Angeles in 2009, Toluta'u was supposed to meet Kekua, but she failed to appear. Tuiasosopo met Toluta'u instead.

"[It's a] sick joke that went way too far," Toluta'u said.

Read More..