Tuesday, March 1, 2011

Price of gold reaches fresh high

gold coinsThe gold price has been rising over the past month
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The price of gold has hit a record high as investors worry about the political turmoil in Libya and spreading tensions across the Middle East.

The price on the London Bullion Market jumped more than $14 to $1,434.50 an ounce, topping the previous mark of $1,431.25, set in December.

Gold is traditionally seen as a haven for investors in times of uncertainty.

Unrest across the Middle East and North Africa fuelled a 6% rise in gold prices during February.

Analysts said that the political problems were pushing oil prices higher and fanning concerns about inflation and slower global economic growth.

"What gold needed was a catalyst, and it found it in the form of tensions that are surfacing in the Middle East and rising oil prices," said Mark Luschini from the brokerage Janney Montgomery Scott.

Mr Luschini added that investors saw gold giving them greater protection from inflationary pressures and political instability.

On the New York Comex exchange, the price of gold reached $1,434.40, a record for that market, before pulling back slightly.

Meanwhile oil prices, which have also been on the up since unrest broke out in North Africa and the Middle East, rose again on Tuesday.

In London, Brent crude rose 4.2% to $116.46, while US light, sweet crude rose 3.7% to $100.52.

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-12616290

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Clinton: Libya may face civil war

US Secretary of State Hillary ClintonMrs Clinton said Col Gaddafi "must go now, without further violence or delay"

Libya could become a peaceful democracy or face years of civil war, US Secretary of State Hillary Clinton has told Congressional lawmakers.

Mrs Clinton appeared on Capitol Hill to urge Congress not to cut funds needed to deal with crises abroad.

The comments came a day after the US began repositioning warships and military aircraft in the Libya region.

Mrs Clinton repeated demands that Col Muammar Gaddafi "must go now, without further violence or delay".

"The entire [Middle East] region is changing, and a strong and strategic American response will be essential, Mrs Clinton said to the House of Representatives Foreign Affairs Committee in prepared testimony.

"In the years ahead, Libya could become a peaceful democracy, or it could face protracted civil war. The stakes are high.

"And this is an unfolding example of how we use the combined assets of diplomacy, development and defence to protect our interests and advance our values.

She added that the US was working to translate the "world's outrage into action and results".

Meanwhile, the US ambassador to the UN, Susan Rice, told reporters in Washington the US would continue to place pressure on Col Gaddafi until he steps down, while working to stabilise oil prices and avert a possible humanitarian crisis.

"We are going to keep the pressure on Gaddafi until he steps down and allows the people of Libya to express themselves freely and determine their own future," Ms Rice told US media.

Mrs Clinton has said implementing a no-fly zone in Libya was still being considered by the US, although she acknowledged there would be drawbacks with such a move.

Speaking in front of a separate panel on Tuesday, General James Mattis, a top US military commander in the Middle East, said the military would have to destroy Libyan air defences in order to establish a no-fly zone in the country.

Gen Mattis added that a no-fly zone would deter Col Gaddafi's regime from bombing demonstrators as they protest against the government.

If such measures were taken, US commanders could turn to the USS Enterprise, currently in the Red Sea, as well as the amphibious ship the USS Kearsarge, which has a fleet of helicopters and about 2,000 Marines aboard.

Meanwhile, Col Gaddafi has played down protests in the country and insisted that all his people love him. His comments came amid reports that he is attempting to regain control of rebel areas in western Libya.

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/world-us-canada-12611925

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Hollywood star Jane Russell dies

Jane Russell on the set of the OutlawRussell married three times and adopted three children
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Former Hollywood actress and sex symbol Jane Russell has died the age of 89.

The brunette was discovered by eccentric billionaire Howard Hughes, who cast her in his 1941 Western The Outlaw.

Some of her most memorable parts include the The Paleface (1948) with Bob Hope and Gentlemen Prefer Blondes (1953) with Marilyn Monroe.

She died on Monday at her home in California of a respiratory-related illness, her daughter-in-law confirmed.

"She always said I'm going to die in the saddle, I'm not going to sit at home and become an old woman. And that's exactly what she did, she died in the saddle," Etta Waterfield said, recounting that Russell had remained active in her local community until illness intervened in recent weeks.

Russell married three times and adopted three children.

After experiencing problems during the adoption process, she founded World Adoption International Agency, which has helped organise the adoptions in the US of tens of thousands of children from overseas.

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/entertainment-arts-12604858

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How loud will the new high-speed train be?

High Speed TrainThe proposed high speed train will reach speeds of 250mph

The government is attempting to reassure people over the noise levels from the planned HS2 high speed trains. But how loud are these trains and what can be done to mitigate the noise?

Powerful trains have long barrelled down tracks blowing their horns. But faster lines mean louder trains.

It is thought that around 4,860 homes in England will experience extra noise as a result of the proposed train line, according to a study by the Department of Transport. An estimated 10 properties will suffer from high noise levels and another 150 will need noise insulation.

So just how loud will the proposed trains be?

The government is yet to indicated the volume level, but according to the Telegraph, the Department of Transport has hired engineering firm Arup to demonstrate the noise to concerned members of the public.

A simulation of the train's noise when it passes through various points can be heard through headphones at a series of roadshows.

THE ANSWERNo official word, but opponents estimated between 95 and 97 decibels at 50mNoise can be mitigated by wheel covers, barriers and possibly trees

The simulated sound has been created by using a recording of the 217mph high speed trains in France and then adjusting the sound to take into account Britain's potentially even faster trains. The government believes 250mph trains could be available by 2020.

The recording is tweaked to take into account the ambient sounds from various locations along the route.

Despite an absence of official numbers, the chairwoman of the Stop HS2 group Lizzie Williams estimates at 50m from the track, the noise from the trains will be "between 95 and 97 decibels every two minutes if the line runs at capacity".

The decibel measurement is on a scale from zero - silence - to 140 - the approximate sound of a jet engine.

Traffic on the motorwayTraffic from motorways could be more disruptive than noise from high speed trains

But speed isn't the only determinant of train noise. How bothersome the noise is depends on the pitch and the quality of the sound, says Royal Academy of Engineering network rail research professor Roderick Smith.

"A freight train on a poorly maintained track will create a lot more noise for a longer time," he explains.

In Germany, residents have long been used to hearing high speed Deutsche Bahn trains.

"We don't see very many complaints when it comes to the noise of the high speed lines, but we see a number or complaints about the noise of the freight transport lines," a spokesman says.

At 25m from the track the 85 decibel noise of their 155mph high speed train is mitigated by noise reduction measures mandated by law.

WHO, WHAT, WHY?
Question mark

A part of BBC News Magazine, Who, What, Why? aims to answer questions behind the headlines

Though attempts will be made to manage the noise in the UK, the chairman of VoxOpp (Villages of Oxfordshire Opposing HS2), Bernie Douglas, says concrete plans have yet to be released.

But there is already speculation about the tactics the government might employ to reduce the potential noise pollution.

"You can build big earth ramparts and you can also put brown picket fences that are about 5m high," says Mr Douglas.

An even better option is planting trees, which look more natural and also absorb carbon dioxide, says Prof Smith.

But it's debatable whether the more natural options, though aesthetically pleasing, are as effective in masking the sounds.

Tree-lined train tracksIt's debatable whether or not trees help mitigate sound from trains

"From what we understand trees do not have much impact on noise. They could be used to hide a lot of the features, but that's all they might be used for," says Douglas.

There are two principle sources of the noise that comes from trains - the interaction of the wheels and the rails, and the aerodynamic noise of the train passing through the air very quickly, explains Prof Smith.

"Broadly speaking these trains are no worse than the noise from a highway and generally more acceptable in that the noise is not continuous, whereas the noise from a highway is a constant buzz throughout the day and often throughout the night as well.

"I'm not saying these trains are completely soundless and won't cause some sort of disruption, but it can be managed and it can be managed rather easily."

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/magazine-12596619

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Male depression 'set to increase'

Stressed manCould the number of depressed men be about to rise?
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Psychiatrists have warned that the number of men with depression could rise because of changes in Western society.

An article in the British Journal of Psychiatry suggests economic and social changes will erode traditional sources of male self-esteem.

The authors say men will struggle with the shift away from traditional male and female roles.

The Men's Health Forum said male identity was bound up in employment.

One of the authors, Dr Boadie Dunlop from Emory University School of Medicine, said: "Women are almost twice as likely to develop major depressive disorder in their lifetime as men, but we believe this difference may well change in the coming decades."

He argues that traditional males jobs such as manufacturing or physical labour are being lost, either through improved technology or jobs moving to other countries.

On the other hand the article states that as women are now more likely to go to university than men so the number of households where the main breadwinner is female will increase.

“Having to send your wife out and feel like a parasite surely would put up the rate of depression”

Dr Cosmo Hallstrom Consultant psychiatrist

"Men's failure to fulfil the role of breadwinner is associated with greater depression and martial conflict," the article states.

Dr Dunlop said: "Western men will face a difficult road in the 21st century, particularly those with low levels of education. We believe economic and societal changes will have significant implications for men's mental health."

Peter Baker, chief executive of the Men's Health Forum, said: "This really confirms what we already know about unemployment and that it has a much bigger impact on men, mainly because male identity is bound up as a worker.

"Male social networks are based around work so losing a job can lead to isolation and depression."

Dr Cosmo Hallstrom, a consultant psychiatrist, said: "If you've spent 20 years pouring steel and the mill closes you can't just go and do something else.

"It seems self evident in a recession with joblessness that it will be bad for physical and mental health and some people will get depression.

"Having to send your wife out and feel like a parasite surely would put up the rate of depression, but overall is it unique to men? I don't know."

Mr Baker said men do not seek help when they have depression and were "more likely to self medicate in the pub" than seek professional care.

He said: "As we see more men affected we need to think about how to support and get them back to work."

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/health-12582292

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China minister in corruption case

Liu Zhijun. File photoLiu Zhijun had been railways minister since 2003

China's sacked railways minister is under investigation for allegedly embezzling more than 800m yuan (£75m; $121m), state media report.

Liu Zhijun was forced to stand down last month after the authorities launched an investigation for "serious disciplinary violations".

Mr Liu is alleged to have received huge bribes when handing out contracts for the country's high-speed rail network.

He has not publicly commented on the allegations against him.

No official charges have yet been filed against the minister. The Ministry of Railways could not be reached for comment.

Mr Liu had served as the railways minister since 2003, leading an ongoing multi-billion dollar investment programme in China's railway network.

He is currently the most senior official to be investigated by the authorities.

Ministers are rarely targeted in corruption crackdowns as it could damage the credibility of the Communist Party, says the BBC's Martin Patience in Beijing.

But the country's leadership has promised to take a tougher line knowing that corruption is a major source of public anger, our correspondent says.

Earlier this year, President Hu Jintao warned that the situation was "grave" and that it would require long-term efforts.

Last year, China publicly admitted in a report that its corruption problem was "still very serious", setting out new measures to tackle it.

The report said that more than 200,000 cases - including embezzlement and bribery - had been investigated since 2003.

The document was released after the introduction of new rules requiring members of the governing Communist Party to report incomes and investments.

However, critics say corruption is ingrained in the system and new regulations will not solve the problem.

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/world-asia-pacific-12605826

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VIDEO: Warning over child food allergies

Mother Alison Berthelson talks about when her then two-year-old son nearly died owing to an undiagnosed food allergy.

This article is from the BBC News website. � British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/health-12546791

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