Treaty negotiated in secret between 12 nations 'would trample over individual rights and free expression', says Julian Assange

Canadian woman blew the whistle that led to a $9 billion fine
A shocking report that details how Washington colludes with Wall
Street in criminal activity that continues to rob the public of billions
Alayne Fleischmann was raised in Terrace, British Columbia, Canada. After leaving Canada, she attended Cornell Law School and then began working on Wall Street. Prior to entering the financial sector she had worked in human rights. But, once working in securities law, she discovered she had a passion for it. She felt that, in those days, it was a "very respectable" field, and that there was "nothing shady about" it.
06 November 2014 — Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep her from talking
She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn't take it anymore.
"It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'"
‘Occupy made it possible’
Fleischmann to Max Keiser
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Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She's had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower.
Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. (More)
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Meanwhile, back in Canada ...
Our 'competent economic managers', the Harper Government,
Gave away $50 million tax-payer-funded Ebola vaccine
For a measly $205,000 (after sitting on it for a decade)
25 November 1014 — The strange case of Canada’s Ebola vaccine became even stranger Monday.
That’s when the pharmaceutical multinational Merck announced it will pay $50 millionfor commercial rights to manufacture and develop the vaccine, invented at the federal government’s National Microbiological Laboratory in Winnipeg.
That a drug giant would shell out $50 million is not in itself peculiar. At a time when the rich world is close to panicking over Ebola, there are only two experimental vaccines aimed at the virus. Canada’s VSV-EBOV is one of them.
Europe and America have belatedly come to realize that Ebola is not just an African disease.
'Not my Average 14-hour day'
A personal account of the Toronto elections complete with
a beer-drinking Doug Ford supporter and his sudden absence
“Nigel, there’s a guy just outside the door drinking beer and he has a Ford For Mayor sign with him,” reported one of my ten staff at the Wallace Emerson Community Centre on Dufferin Street, south of Dupont in the north part of Ward 18. It was municipal election day — 27 October 2014 — a few minutes before the polls opened.
There were about 50 voters waiting in line along a hallway outside the gym — some patiently and others less so. I was the Managing Deputy Returning Officer (MDRO — the person in charge of the poll) and everything was ultimately my responsibility. I looked up and could see the man with an open beer in his hand, sitting on a chair plastered with Ford signage. Every voter waiting in the line could clearly see him through the hallway window. (More)
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Jian Gomeshi: One coin, two sides
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Don't let Canada Post end door to door delivery
Please sign the petition and save our postal service
By Susan Dixon
I wonder, has anyone at Canada Post ever tried to to push a stroller or a wheelchair or a walker through the snow? I don't think they realize the impact of ending door-to-door mail delivery when it comes to the parents of young children, to the disabled, and to the elderly, especially in winter.
Millions of Canadians were surprised and angry to learn they may have to travel kilometers to get their mail. I am the mother of two young boys. My youngest has cerebral palsy and uses a walker or wheelchair to get around. For me, Canada Post’s decision would mean having to bundle them up and struggle through the snow with a wheelchair just to get our mail. And I am just one of thousands of Canadians who must already overcome mobility challenges on a daily basis. (Click here to sign the petition!)
This petition will be delivered to:
President and CEO, Canada Post, Deepak Chopra
Senior VP, Delivery and Customer Experience, Canada Post, Douglas Jones
VP, Customer Relations, Canada Post, Stephen Edmondson
VP, Communications and Public Affairs, Canada Post, Jo-Anne Polak
Minister of Transport, Infrastructure and Communities, Government of Canada, Lisa Rai
The Old Man's Last Sauna
by Carl Dow
'Life is scary, frustrating and sometimes funny. All of these themes are explored in Carl Dow’s collection of short stories, told with the pristine elegance that we haven’t seen since the likes of Stephen Leacock or even Pierre Berton.'
— Award-winning author Emily-Jane Hills Orford
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While Americans weren't looking, intellectually stunted
politicians brought them closer to all-out war with Russia
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Lame duck out of the Silk Road caravan
Neo-cons lead once proud Washington down to the swamp of oblivion
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The Book Case
The truth on female desire: Base, Animalistic and Ravenous
A new book on women's sexuality turns everything we think we know on its head.
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The bullying of Hungary
The country that dared to disobey the US and EU
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'They shell our cathedrals. They destroyed a convent near the airport. They shot a priest dead in Konstantinovka last May. So the Orthodox believers are here for a reason'
YOU'LL FIND ALL THIS AND MORE BY CLICKING HERE FOR
![]() True North Perspective publishes in
the best traditions of Canadian journalism
If you think it's too radical, please read
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Editor's Notes
Nude Liberals and being a poor sport
When I returned to Ottawa in 1986 I rented a room for a couple of months on Powell Avenue in The Glebe. My landlady worked on The Hill as a secretary (I think they call them Administrative Assistants today) with the New Democratic Party caucus. She paid for her home by renting rooms to New Democrat Members of Parliament. After several conversations I asked her what she was doing with the New Democrats? You sound like a Liberal. She frowned and said:
"When I first started working I got hired as a secretary with the Liberals. After a few weeks, a secretary for one of the Liberal MPs came to my desk on a Friday afternoon and invited me to a house party after work. I felt honoured and was delighted. I said I had to do some urgent shopping and would come after that. She gave me the address on a street in what was then called Eastview, and is now called Vanier. (More)
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Letters to the Editor
'Many bravos' for True North Perspective I am greatly impressed with True North Perspective, many bravos. I'm not in a position to contribute right now, but you are on my mind. I have forwarded the link to several friends.
Keep on truckin,
Toby Brooks
Ottawa, ON
______ Reader with high praise for Geneviève Hone's wisdom finally breaks through with direct Letter to the Editor I very much have enjoyed Geneviève Hone's articles for many years and I have tried several times to respond in your response box but every single time something goes awry. Most recently I have written five different comments on five different occasions and each one of them failed to go through. I have NO idea what the problem is because each time, it is a different one. First it was the name of the Home page, then it was the Comment box, then it was maybe the mechanics of submitting. Each time the entire page with everything on it would simply disappear! I fully appreciate her work and said something along the lines of how Geneviève managed to focus on the real and underpinning issues in this article as she always does! She attempted to help the woman who was asking for her help (please click HERE to read Geneviève Hone's column - Editor) to see that the two things that were 'stumping' her from writing to the child of the recently deceased father and actually putting pen to paper and writing to him, were 1) the false idea that she did not know the father well enough to write about him and 2) she feared she could not write. Geneviève managed, as usual, to free this woman by encouraging her to see that the process of actually doing both of these things (realizing that no one fully knows another; and, she has already written many things) is the cure. The process itself is healing. Thanks for publishing Geneviève's works. I do think that she has so much to give in the area of family values and counseling. All the best,
Erin Malloy Hanley Ottawa ON
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Op Ed
Save the corporations…I mean children
'Tony Blair 'transformed' lives of kids by killing them'
'Save the Children’s award to Tony Blair may have stepped over the line and provoked outrage, but this problem has been cruising quietly just under the surface for a long time, as big charities have moved so far into lockstep with government and corporate interests as to become virtually indistinguishable from them. You can’t challenge the establishment when you are part of it.'
Currently a Research Associate at the INSYTE Group, Dr. Roslyn Fuller has previously lectured at Trinity College and the National University of Ireland. She tweets at @roslynfuller
28 November 2014 — When Save the Children chose to bestow the Global Legacy Award on Tony Blair, the charity inadvertently revealed the dark underbelly of NGO activity.
When Tony Blair received the Global Legacy Award last week from Save the Children, an organization dedicated to “transforming children’s lives,” it seemed like a bad joke to many people. This, after all, was a man who had been willing to use fabricated evidence to launch an illegal war against Iraq during his time as Britain’s Prime Minister, a conflict that irrevocably “transformed” the lives of thousands of children by killing them. These days Blair is advising the new military regime in Egypt and doing a sideline in Saudi oil kickbacks. We don’t hear too much about children in either of those countries, but I’m willing to bet that living under military or aristocratic dictatorship isn’t too good for the little mites, especially when, as is the case with Saudi Arabia, child marriage is nothing unusual. (More)
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Op Ed
Why Canada's jobs future is sinking like a stone
Our business elites got all they wanted. Still they fail to invest, innovate and compete.
01 December 2014 — Canada's economy is increasingly at the mercy of a risk-averse, inept corporate elite addicted to government tax breaks. They are enabled by an ideologically addled government that is incompetent.
It is a deadly combination -- a dumb and dumber team dragging us backwards at a time when the world is hoping there won't be another economic collapse.
Recent media reports reinforce what we have known for decades about the Canadian corporate elite. One highlighted Canada's dismal performance when it comes to research and development, the other our pathetic efforts at broadening our markets for exports. More and more evidence piles up that we are de-industrializing -- reminding me of the Star Trek episode where the whole crew starts devolving. Captain Picard is destined to become a pygmy marmoset. I wonder what the end point for Canada might be? (More)
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OP Ed
Iran and Stephen Harper’s need for foreign enemies: Walkom
For a tired government seeking re-election, foreign threats don’t have to be real to be useful
03 December 2014 — When Canada closed its embassy in Iran two years ago, Stephen Harper’s Conservative government cited safety fears.
“The Iranian regime has shown a blatant disregard for the Vienna Convention and its guarantees of protection for diplomatic personnel,” Foreign Affairs Minister John Baird said then.
Coming less than a year after a mob set fire to Britain’s embassy in Tehran, this explanation made some sense. Iran is also the country that famously allowed students to hold U.S. diplomats hostage in 1979.
But news this week casts serious doubt on Canada’s official rationale. An internal foreign affairs report aired on CBC reveals that nine months before the embassy shutdown, Canadian diplomats in Tehran weren’t much concerned about rioting mobs. (More)
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Alex Binkley is a foremost political and economic analyst, whose website is www.alexbinkley.com. Readers will be aware that his columns in True North Perspective have foreseen political and economic developments in Canada. This week in ...
The Binkley Report
A mature approach to labour relations
Dramatic arrest of Kinder Morgan protesters
met with defiance and pride in RCMP rapid sweep
"I am really proud of each and every one of the people who stood up....Civil disobedience is the last straw in our political system, when we're facing unjust laws" — Dr. Lynne Quarmby
20 November 2014 — Thursday (November 20) was the most dramatic day in a months-long battle between citizens and Texas-based Kinder Morgan over the company's controversial Trans Mountain pipeline expansion project.
In a rapid sweep, RCMP arrested as many as two dozen Kinder Morgan protesters on Burnaby Mountain, stirring strong emotions among opponents to the Edmonton-to-Burnaby pipeline.
The arrests were for “civil contempt” of a court order permitting the company's pipeline survey work. The first wave of arrests took protesters by surprise around 8:30 a.m. (More)
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Ann Craft's fracking nightmare
A top lawyer's startling counsel
Albertan's son, seeking legal help, records an insider's blunt advice on how petro giants and regulators fend off lawsuits
For the last two years she's been embroiled with a fight with the province's regulators over two separate incidents as exclusively reported by The Tyee yesterday.
In 2012, a seismic-like event lifted up the deck of his mother's mobile home in central Alberta. It damaged her property and even changed the topography of her land.
Both O'Neil and Craft suspect that the shallow gas drilling and fracking program for four nearby coal seam wells by Houston-based Quicksilver Resources at the time probably accounted for the seismic event. Quicksilver denies any role.
Then things got worse. Months later, a trucking company delivered a batch of contaminated water containing sour crude oil to Craft's cistern. Craft showered in the toxic water and has suffered ill health and repeated trips to doctors ever since. (More)
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By Geneviève Hone
Where There Is A Family
There's always advice from Granny Witch
'It's never too late to have a happy childhood'
December 2014
Dear Granny Witch
Your name came up at our family meeting two days ago. I very much would have wished you to be there in person to help us talk in a civilized manner.
We were discussing what to do for Christmas. We are a blended family. I believe that is the current word to describe our situation. My husband and I were single parents, with one child each. We met, fell in love, married and within a semi-reasonable amount of time, had two more children. Generally, we all get along with one another, but things get complicated around Christmas because of an abundance of grandparents. Too many grandparents shouldn’t be a problem as such, but visiting them around Christmas has become a hassle. It’s mainly grandmas we are talking about here because in all our families, there remains only one grandfather, the others having passed away. All our grandmas are loving and loved. They have not at all been problematic old ladies who require high maintenance. Recently, however, one grandma has developed mobility problems, one is struggling to control high blood pressure, one has memory lapses that aren’t funny any longer and one is all over the place trying to find the man who will be elected to serve as her fourth husband. We honour all our grandmas, but I’m beginning to question if we really need to visit them all, right in the darkest days of winter. We live in Winnipeg, Granny Witch. Winnipeg, Canada.
It turns out that the older children want to spend time with their friends during the vacation while the younger children wish to travel to Disneyworld with all the grandmas and the one grandfather. My husband and I feel slightly guilty, but we are secretly dreaming of a Christmas vacation where we could stay put and actively and deliberately do nothing. But with four children under the age of 12, we well know that doing “nothing” is the ultimate impossible dream! (More)
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Bits and Bites of Everyday Life
Beware! Take care! Prevent slips, trips and falls
Alberte Villeneuve-Sinclair is the author of The Neglected Garden and two French novels. Visit her website to learn more www.albertevilleneuve.ca.
1 December 2014 — We’ve had our first blast of winter in November and we all know that our Canadian winters are long and harsh. Navigating in snowy, slushy and/or icy conditions can spell serious injury and long-standing misery. Everyone has fallen at one time or another but the risks of fractures are higher as we age. A broken hip, for example, can mean the beginning of the end for a fragile individual.
Slips and falls can occur anywhere so we really have to be aware of our body and our environment. I remember, two years ago, dropping in at the St. Laurent Shopping Center to do some Christmas shopping. I was on a mission with limited time left to make my purchases. I walked quickly past the Laura Secord store and found my feet suddenly flying forward as if on a snowboard. I fell to the floor. A kind gentleman came over and helped me up while asking if I was hurt. I looked at him with a puzzled look as he added: “You took that fall like a pro!” I was dazed, “What happened?” We both looked back and saw a streak of melted ice cream where I had lost my footing. He told me this was not the first time he had seen this and promptly went over to advise a clerk there was melted ice cream on the floor. (More)
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1 December 2014 — “Life is on a wire. Everything else is waiting.” Nik Wallenda, the dare devil tight rope walker who had crossed the Niagara gorge on a wire, quoted his grandfather, Karl, who had been less lucky than he. Karl died in a fall in Puerto Rico in 1978 at age 73. On Sunday evening, November 2, Nik proceeded out on a wire stretched high over the Chicago River between three skyscrapers, this time without any safety harness or net. The broadcasters of the event had instituted a 10 second time delay to spare viewers from having to witness a tragic end to the space walk.
“Everything else is waiting,” so repeated Nik. Waiting is not always a pleasant experience but it is one that each of us have been subject to in our lifetime. (More)
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01 December 2014 — Tonight as I was watching television and the ads came on, a little girl was pictured at Toys R Us. She magically twirled around and turned into a little princess in a beautiful blue dress.
My mind immediately flashed back to that terrible fire in a sweatshop factory in Bangladesh. A place where some of these clothes were made, perhaps that little blue dress. To where the children will not be enjoying a magical transformation in one of these dresses that their parents made working for slave wages in sweatshops. Many of whom perished in that fire.
Then came the news. People fleeing their countries as bombs fall on innocent civilians – women and children, little girls just like that little girl in the Toys R Us ad.
Across the screen under the news “donate unwrapped toys so every child will have a gift.” (More)
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From the Desk of Darren Jerome
A continuing update on the war against WikiLeaks transparency
Please be advised that the below is not just the same old thing. By clicking on it you'll find the petition in support of Julian Assange and discover fascinating on-going reports and videos related to one of the most important events in modern history, and the desperate attempts to put a lid on information that everyone should know. Don't miss this special opportunity to stay informed.
WikiLeaks publishes secret draft chapter of Trans-Pacific Partnership
Treaty negotiated in secret between 12 nations 'would trample over individual rights and free expression', says Julian Assange
There can be no life without laughter
Talk about wishful thinking . . .
Under new powers outlined by British Prime Minister David Cameron, British jihadis who have traveled abroad to fight will not be allowed to return unless they agree to strict controls. — Onion.com
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Band Dreams Of One Day Becoming
Popular Enough To Alienate Early Fans — Onion.com
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Sometimes it's hard to tell if conservatives are serious or funny
Here's something found in a Dating Republican singles fishing ad
— You think Hilary wrote, It Takes A Village because that's how many it took to satisfy Bill?
Quiz
By Mark Kearney and Randy Ray
Mark Kearney of London, Ont. and Randy Ray of Ottawa are the authors of nine books about Canada, with best-seller sales of more than 50,000. Their Web site is: www.triviaguys.com
Questions
1. True or false. During treaty negotiations between Britain and the United States at the end of the American Revolution, Benjamin Franklin suggested that the British give up Quebec as a gesture of goodwill.
2. In what city in 1951 was Canada’s first colour television used?
a) Toronto b) Ottawa c) Edmonton d) Montreal
3. When Armand Bombardier invented the snowmobile, he gave it a name, but a typographical error changed the name to Ski-Doo. What was the original name he wanted?
a) Ski-Dome b) Ski-Dog c) Ski-Door d) Skiing Doo
Answers.
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Randy Ray, publicist / speaker agent / author
www.randyray.ca - www.triviaguys.com
(613) 425-3873 - (613) 816-3873 (c)
O Canada! Getting to know you!
This is one of a series on the heartbeat of Canada
From the Desk of Frances Sedgwick
as found in Montreal the Days that are No More, by Edgar A. Collard
'If ever I were murdered it would be
by some wretch who would shoot me from behind'
On Sunday, September 8, 1867 Thomas D’Arcy McGee said to his wife: “Tell the grocer tomorrow, to come and take every drop of wine and liquor out of the cellar. I have made up my mind to have nothing more to do with it.”
The cellar where that wine and liquor were stored was in the Montmorenci Terrace — a row of gray limestone town houses at the southeast corner of St. Catherine Street and Drummond in Montreal. That house had been a gift to McGee from the constituents of the Montreal riding he represented in Parliament and from friends and well-wishers in many other parts of the country. They had made the house a distinctive gift by having shamrocks carved in rows in the stone windowsills. Those shamrocks could still be seen, above the lower, added shop fronts, until the house was ruined by fire in the 1900s.
D’Arcy McGee’s teetotal resolution was variously regarded among his friends and enemies. Many, in both camps, were amused and cynical. They thought they knew D’Arcy McGee. His good intentions would never last; self-indulgence had seemed part of his nature, the recurring pattern of his life. It was late in the day to reform. (More)
"News is what (certain) people want to keep hidden. Everything else is just publicity."
-- PBS journalist Bill Moyers.
Your support makes it possible for True North to clear the fog of "publicity" and keep you informed on what's really happening in the world today. Please send your donation to:
Carl Dow, True North, Station E, P.O. Box 4814, Ottawa ON Canada K1S 5H9.
Or use our new Paypal system! Just click the secure link below —
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2.5 million homeless American children in 2013 set record
RT
17 November 2014 — In the United States, one child in every 30 - or 2.5 million children - was homeless in 2013, marking an all-time high, according to a new comprehensive report that blames the country’s high poverty rate and lack of affordable housing, among other causes.
The report, 'America’s Youngest Outcasts,' released by the National Center on Family Homelessness was prepared using the “most recent federal data that comprehensively counts homeless children, using more than 30 variables from over a dozen established data sets.”
The 2.5 million figure is based on the US Department of Education’s count of 1.3 million homeless children in public schools, and estimates of homeless preschool children left out of DOE data. (More)
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Health
7 November 20114 — A study out of Denmark seems to have found something good can come out of a high-fat diet. The study was conducted while looking at the effects of a high-fat diet on Cockayne syndrome, a premature aging disease.
The hope is such a diet can not only help children with Cockayne syndrome, who more often die of old age related symptoms somewhere between 10 and 12, but also help others. That is what the study found could happen.
“Our study suggests that a high-fat diet can postpone aging processes," lead author of the study, Professor Vilhelm Bohr of the Center for Healthy Aging at the Univ. of Copenhagen, said in a press release. "A diet high in fat also seems to postpone the aging of the brain. The findings therefore potentially imply that patients with Alzheimer’s and Parkinson’s disease in the long term may benefit from the new knowledge." (More.)
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Slow and steady doesn’t win the weight-loss race
Don't be too hard on yourself, obesity is largely genetic
ROXANNE NELSON
Globe and Mail
2 November 2014 — In a trial of weight-loss approaches, the rate at which people dropped excess pounds was not linked to their success in keeping the weight off over the following three years.
Researchers say the small study shows current guidelines advising slow and steady weight loss should be revised, and the focus should be instead on improving methods for helping people maintain their weight over the long term. (More.)
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To tea or to coffee is no longer the question
Studies say they are both good for your health
Some surprising facts about coffee and tea will make you happy
06 November 2014 — Black, green, white and oolong teas are made from camellia sinensis tea leaves (as opposed to herbal tea, which is not technically tea, and is generally not caffeinated), and contain substances known as flavonoids, which many studies have linked to healthful benefits. Chinese emperor Shennong wrote about the benefits of tea as far back as 2737 BCE. A United Kingdom nutritional study linked tea consumption to lesser instances of heart disease and some cancers.
Another study on both tea and coffee published in a medical journal came to similar results regarding heart disease. Other ingredients in tea, known as catechins, were linked in an Australian study to stronger bones and lower incidents of osteoporosis. These same catechins are linked to better muscle endurance. A 2004 study in Taiwan, which appeared in the Archives of Internal Medicine, found that those who drank four to 20 ounces of tea for at least a year had a 46% lower chance of developing high blood pressure. An NIH study linked tea drinking with a lower incidence of Parkinson’s disease. The NIH also has indicated that tea may be helpful in preventing Alzheimer’s disease. (More)
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10 November 2014 — I’ve always been at odds with sleep. Starting around adolescence, morning became a special form of hell. Long school commutes meant rising in 6am darkness, then huddling miserably near the bathroom heating vent as I struggled to wrest myself from near-paralysis. The sight of eggs turned my not-yet-wakened stomach, so I scuttled off without breakfast. In fourth grade, my mother noticed that instead of playing outside after school with the other kids, I lay zonked in front of the TV, dozing until dinner. “Lethargy of unknown cause,” pronounced the doctor.
High school trigonometry commenced at 7:50am. I flunked, stupefied with sleepiness. Only when college allowed me to schedule courses in the afternoon did the joy of learning return. My decision to opt for grad school was partly traceable to a horror of returning to the treadmill of too little sleep and exhaustion, which a 9-to-5 job would surely bring.
In my late 20s, I began to wake up often for a couple of hours in the middle of the night – a phenomenon linked to female hormonal shifts. I’ve met these vigils with dread, obsessed with lost sleep and the next day’s dysfunction. Beside my bed I stashed an arsenal of weapons against insomnia: lavender sachets, sleep CDs, and even a stuffed sheep that makes muffled ocean noises. I collected drugstore remedies -- valerian, melatonin, Nytol -- which caused me "rebound insomnia" the moment I stop taking them. (More)
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Science — From the Desk of Bob Kay, Contributing Editor
UW study shows direct brain interface between humans
Terra Daily
NASA finds ‘monster’ black hole in tiny galaxy
RT
19 September 2014 — The M60-UCD1, discovered by NASA's Hubble Space Telescope in 2013, is one of the smallest known galaxies. But now the space agency has discovered that the dwarf galaxy is harboring a “monster” black hole.
The diameter of M60-UCD1 is about 300 light years – just 1/500th of our galaxy’s width. However, it is packed with 140 million stars, which also makes it one of the densest galaxies.
For comparison, NASA explains, the nighttime sky we see from Earth’s surface shows 4,000 stars. If we lived inside the newly-discovered M60-UCD1, our nighttime sky would be covered with at least one million stars “visible to the naked eye.”
But what really surprised astronomers is the supermassive black hole they found inside M60-UCD1. (More)
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German foreign minister Steinmeier
speaks out against Ukraine joining NATO
RT
23 November 2014 — Germany's FM, Frank-Walter Steinmeier, has said he is against Ukraine joining NATO. In an interview with Der Spiegel, he said he considers “that it is possible for NATO to have a partnership with Ukraine, but not membership.”
He also added that he does not believe it is realistic for Ukraine to join the European Union in the foreseeable future, as the economic and political modernization of Ukraine is a “project for a few generations.”
He also urged Kiev to introduce reforms to fight corruption and mismanagement of the economy, saying they had to start immediately and that there was no time to lose. (More)
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Business
Brazil, Uruguay move away from U.S. dollar in trade
RT
03 December 2014 — Brazil and Uruguay have switched to settling bilateral trade with local currency to stimulate turnover, bypassing the US dollar.
Payments in the Brazilian real and Uruguayan peso started on Monday (01 December). The agreement was signed on November 2 by the head of Brazilian Central Bank Alexandro Tombini and his Uruguayan counterpart Alberto Grana. Both countries believe such a move would strengthen trade across Latin America.
"The agreement was the result of long negotiations between the countries belonging to Mercosur [the common market of South American countries - Ed.], as well as the global strategies of BRICS," RIA quotes Carlos Francisco Teixeira da Silva, Professor of International Relations at the Federal University of Rio de Janeiro.
Silva says the measure is a "step forward" in Latin American monetary independence, and "the best opportunity for the countries of South America to get rid of the old mechanisms of economic regulations dictated by the United States." (More)
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EU sanctions relief for Russia’s top banks, oil companies
rt.com
05 December 12014 — The European Union has amended sanctions against Russia’s biggest lenders like Sberbank and VTB on long-term financing, and eased some sanctions on the oil industry.
The EU says Russia’s biggest lenders - Sberbank, VTB, Gazprombank, Vnesheconombank and Rosselkhozbank - will now be allowed access to long–term financing should the solvency of their European subsidiaries be at risk.
The announcement released Friday refers to “loans that have a specific and documented objective to provide emergency funding to meet solvency and liquidity criteria for legal persons established in the Union, whose proprietary rights are owned for more than 50 percent by any entity referred to in Annex III [Russian banks – Ed.].” (More)