Saudi execution: Brutal and illegal?






STORY HIGHLIGHTS


  • Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman

  • She was convicted of killing a baby of the family employing her as a housemaid

  • This was despite Nafeek's claims that the baby died in a choking accident

  • Becker says her fate "should spotlight the precarious existence of domestic workers"




Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.


(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.


Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.



Jo Becker

Jo Becker



Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia


Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.


Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).


Read more: Indonesian maid escapes execution in Saudi Arabia






Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.


When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.


It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.




Passport photo of Rizana Nafeek



Read more: Saudi woman beheaded for 'witchcraft and sorcery'


Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.


Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."


Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.


Read more: Convicted killer beheaded, put on display in Saudi Arabia


Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.


The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.


Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.


Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.


Read more: Malala, others on front lines in fight for women


The opinions expressed in this commentary are solely those of Jo Becker.






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Destiny’s Child releasing first new song in 8 years






LOS ANGELES (TheWrap.com) – One of the biggest girl groups of the 21st century is making a comeback. Or, at least, some new music.


Destiny’s Child – a bootylicious R&B act consisting of BeyoncĂ© Knowles, Kelly Rowland and Michelle Williams – announced on Thursday that they will be releasing a compilation album later this month, which contains the first new song they’ve recorded since 2004.






“We are so proud to announce the first original Destiny’s Child music in eight years,” a post on the group’s Facebook page read.


If this is a sign of a reunion album or tour to come, the girls are taking baby steps for now.


“Nuclear” will be the only new track on “Love Songs,”a collection of the best-selling group’s most romantic recordings, which include “Cater 2 U,” “Brown Eyes” and one of their biggest hits, “Say My Name.”


The girls called it quits in 2005 after releasing four full-length studio albums, which sold over 60 million copies between 1997 and 2005 to make Destiny’s Child the world’s top-selling female vocal group.


Following the split, BeyoncĂ© became a household name as a solo artist, actress and Jay-Z’s wife, while both Rowland and Williams found some success pursuing independent careers as well.


The 14-track “Love Songs” drops on January 29, but is currently available for pre-order on Amazon.


Music News Headlines – Yahoo! News





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Wall Street Week Ahead: Attention turns to financial earnings

NEW YORK (Reuters) - After over a month of watching Capitol Hill and Pennsylvania Avenue, Wall Street can get back to what it knows best: Wall Street.


The first full week of earnings season is dominated by the financial sector - big investment banks and commercial banks - just as retail investors, free from the "fiscal cliff" worries, have started to get back into the markets.


Equities have risen in the new year, rallying after the initial resolution of the fiscal cliff in Washington on January 2. The S&P 500 on Friday closed its second straight week of gains, leaving it just fractionally off a five-year closing high hit on Thursday.


An array of financial companies - including Goldman Sachs and JPMorgan Chase - will report on Wednesday. Bank of America and Citigroup will join on Thursday.


"The banks have a read on the economy, on the health of consumers, on the health of demand," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.


"What we're looking for is demand. Demand from small business owners, from consumers."


EARNINGS AND ECONOMIC EXPECTATIONS


Investors were greeted with a slightly better-than-anticipated first week of earnings, but expectations were low and just a few companies reported results.


Fourth quarter earnings and revenues for S&P 500 companies are both expected to have grown by 1.9 percent in the past quarter, according to Thomson Reuters I/B/E/S.


Few large corporations have reported, with Wells Fargo the first bank out of the gate on Friday, posting a record profit. The bank, however, made fewer mortgage loans than in the third quarter and its shares were down 0.8 percent for the day.


The KBW bank index <.bkx>, a gauge of U.S. bank stocks, is up about 30 percent from a low hit in June, rising in six of the last eight months, including January.


Investors will continue to watch earnings on Friday, as General Electric will round out the week after Intel's report on Thursday.


HOUSING, INDUSTRIAL DATA ON TAP


Next week will also feature the release of a wide range of economic data.


Tuesday will see the release of retail sales numbers and the Empire State manufacturing index, followed by CPI data on Wednesday.


Investors and analysts will also focus on the housing starts numbers and the Philadelphia Federal Reserve factory activity index on Thursday. The Thomson Reuters/University of Michigan consumer sentiment numbers are due on Friday.


Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis, said he expected to see housing numbers continue to climb.


"They won't be that surprising if they're good, they'll be rather eye-catching if they're not good," he said. "The underlying drive of the markets, I think, is economic data. That's been the catalyst."


POLITICAL ANXIETY


Worries about the protracted fiscal cliff negotiations drove the markets in the weeks before the ultimate January 2 resolution, but fear of the debt ceiling fight has yet to command investors' attention to the same extent.


The agreement was likely part of the reason for a rebound in flows to stocks. U.S.-based stock mutual funds gained $7.53 billion after the cliff resolution in the week ending January 9, the most in a week since May 2001, according to Thomson Reuters' Lipper.


Markets are unlikely to move on debt ceiling news unless prominent lawmakers signal that they are taking a surprising position in the debate.


The deal in Washington to avert the cliff set up another debt battle, which will play out in coming months alongside spending debates. But this alarm has been sounded before.


"The market will turn the corner on it when the debate heats up," Prudential Financial's Krosby said.


The CBOE Volatility index <.vix> a gauge of traders' anxiety, is off more than 25 percent so far this month and it recently hit its lowest since June 2007, before the recession began.


"The market doesn't react to the same news twice. It will have to be more brutal than the fiscal cliff," Krosby said. "The market has been conditioned that, at the end, they come up with an agreement."


(Reporting by Gabriel Debenedetti; editing by Rodrigo Campos)



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This Man Knows Exactly How Many Friends You Should Have






A little more than 10 years ago, the evolutionary psychologist Robin Dunbar began a study of the Christmas-card-sending habits of the English. This was in the days before online social networks made friends and “likes” as countable as miles on an odometer, and Dunbar wanted a proxy for meaningful social connection. He was curious to see not only how many people a person knew, but also how many people he or she cared about. The best way to find those connections, he decided, was to follow holiday cards. After all, sending them is an investment: You either have to know the address or get it; you have to buy the card or have it made from exactly the right collage of adorable family photos; you have to write something, buy a stamp, and put the envelope in the mail. These are not huge costs, but most people won’t incur them for just anybody.


Working with the anthropologist Russell Hill, Dunbar pieced together the average English household’s network of yuletide cheer. The researchers were able to report, for example, that about a quarter of cards went to relatives, nearly two-thirds to friends, and 8 percent to colleagues. The primary finding of the study, however, was a single number: the total population of the households each set of cards went out to. That number was 153.5, or roughly 150.






This was exactly the number that Dunbar expected. Over the past two decades, he and other like-minded researchers have discovered groupings of 150 nearly everywhere they looked. Anthropologists studying the world’s remaining hunter-gatherer societies have found that clans tend to have 150 members. Throughout Western military history, the size of the company—the smallest autonomous military unit—has hovered around 150. The self-governing communes of the Hutterites, an Anabaptist sect similar to the Amish and the Mennonites, always split when they grow larger than 150. So do the offices of W.L. Gore & Associates, the materials firm famous for innovative products such as Gore-Tex and for its radically nonhierarchical management structure. When a branch exceeds 150 employees, the company breaks it in two and builds a new office.


For Dunbar, there’s a simple explanation for this: In the same way that human beings can’t breathe underwater or run the 100-meter dash in 2.5 seconds or see microwaves with the naked eye, most cannot maintain many more than 150 meaningful relationships. Cognitively, we’re just not built for it. As with any human trait, there are outliers in either direction—shut-ins on the one hand, Bill Clinton on the other. But in general, once a group grows larger than 150, its members begin to lose their sense of connection. We live on an increasingly urban, crowded planet, but we have Stone Age social capabilities. “The figure of 150 seems to represent the maximum number of individuals with whom we can have a genuinely social relationship, the kind of relationship that goes with knowing who they are and how they relate to us,” Dunbar has written. “Putting it another way, it’s the number of people you would not feel embarrassed about joining uninvited for a drink if you happened to bump into them in a bar.”


While Dunbar has long been an influential scholar, today he is enjoying newfound popularity with a particular crowd: the Silicon Valley programmers who build online social networks. At Facebook (FB) and at startups such as Asana and Path, Dunbar’s ideas are regularly invoked in the attempt to replicate and enhance the social dynamics of the face-to-face world. Software engineers and designers are basing their thinking on what has come to be called Dunbar’s Number. Path, a mobile photo-sharing and messaging service founded in 2010, is built explicitly on the theory—it limits its users to 150 friends.


“What Dunbar’s research represents is that no matter how the march of technology goes on, fundamentally we’re all human, and being human has limits,” says Dave Morin, one of Path’s co-founders. To developers such as Morin, Dunbar’s insistence that the human capacity for connection has boundaries is a challenge to the ethos of Facebook, where one can stockpile friends by the thousands. Dunbar’s work has helped to crystallize a debate among social media architects over whether even the most cleverly designed technologies can expand the dimensions of a person’s social world. As he puts it, “The question is, ‘Does digital technology in general allow you to retain the old friends as well as the new ones and therefore increase the size of your social circle?’ The answer seems to be a resounding no, at least for the moment.”


At 65, Dunbar is thickening slightly, with a scholar’s slouch, although he tends to take stairs two at a time. A professor at the University of Oxford, he lunches regularly in the senior common room of Magdalen College, where he’s a fellow. The cozy space, with oil portraits of long-dead scholars in robes and wigs, looks out on a baize-like lawn. In November, over thin, gray lamb chops, he told a bit of his story. He grew up in Tanzania, where his father was an electrical engineer, and as a teenager he’d dive and sail off the coast and drive into the bush to shoot elephants. When he was at graduate school in the early 1970s, his original research interest was not human friendship but the social life of the gelada, a monkey found only in the Ethiopian highlands and closely related to the baboon.


Dunbar has a quick, ironic smile and speaks sleepily, in long, fluent dilations. What attracted him to the gelada, he says, were “the peculiarities of their social system, which is based around small family groups which come together into large herds. It’s kind of vaguely similar to what you see in modern hunter-gatherers. It’s called a fission-fusion social system, and it only occurs in two monkeys out of all the 300-odd primates—aside from humans.”


It was the monkeys’ grooming habits that really interested him. For geladas, as for many other primates, grooming is only partly about cleanliness. It’s also a form of bonding. Gelada life is rife with intrigue—there are cabals and coups and uneasy alliances—and the monkeys cement friendships by picking through each other’s fur for parasites and kneading the skin beneath. In an early paper, Dunbar showed that the amount of time geladas spend grooming is not a function of body size, which would suggest a solely hygienic purpose, as bigger bodies take longer to pick over. Instead, it’s a function of group size. The bigger the troop, the more time its members spend trying to curry favor with each other through massage. Dunbar began to wonder what other characteristics might correlate with group size.


In 1992, Dunbar published his answer: brain size. Scientists have long been intrigued by the question of why primates have such big brains. It’s nice to be smart, of course, but big brains demand an enormous amount of energy and require years to grow to full size, and the larger skulls that protect them make childbirth much more dangerous. Plenty of species have thrived on this planet without much of a brain at all.


Dunbar’s argument, laid out in the Journal of Human Evolution, was that big brains evolved to solve the problem of social life. Living in large groups confers significant advantages, chief among them better protection against predators. But living together is also difficult. Members compete for food and access to mates. They have to guard against bullies and cheats—and pick their own spots to bully or cheat. “For very social species, and this applies particularly to primates, the group is an adaptation to solve particular ecological problems,” Dunbar explains. “But the group itself triggers a whole series of problems at the individual level. It’s essentially the social contract problem: People tread on your toes; they steal your food just as you’ve unearthed it.”


As group size grows, a dizzying amount of data must be processed. A group of five has a total of 10 bilateral relationships between its members; a group of 20 has 190; a group of 50 has 1,225. Such a social life requires a big neocortex, the layers of neurons on the surface of the brain, where conscious thought takes place. In his 1992 paper, Dunbar plotted the size of the neocortex of each type of primate against the size of the group it lived in: The bigger the neocortex, the larger the group a primate could handle. At the same time, even the smartest primate—us—doesn’t have the processing power to live in an infinitely large group. To come up with a predicted human group size, Dunbar plugged our neocortex ratio into his graph and got 147.8.


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Dunbar was not the first to suggest that social dynamics explained the evolution of higher intelligence, but the simple arithmetic of his argument—bigger brains equal bigger groups—gave it resonance, and he’s now seen as the father of what’s known as the social brain hypothesis. “It’s been very influential,” says Simon Reader, an evolutionary biologist at McGill University. “It has been the dominant hypothesis.”


The Dunbar Number has made its namesake an intellectual celebrity. Much of his recent writing has been for popular audiences. For a while he contributed regularly to the New Scientist magazine and the Scotsman newspaper. He has spoken at TED and written books for lay readers; the most recent of them, The Science of Love, was published in the U.S. in November. Although he’s an engaging writer, his more recent books give the impression of having been written quickly. In The Science of Love there’s an amusing page-long description of the erotic effects of the steroid androstadienone. That description also appears, almost word for word, in his previous book. Asked about this, he says, “You tend to slip into these sorts of standard formulations, I think. I don’t think there’s anything that’s directly cut and pasted.”


In person Dunbar retains a certain remove, not exactly aloof and not exactly shy. Sitting and speaking in his cinder-block-walled office at Oxford’s department of experimental psychology, he twists metronomically in his swivel chair, leaning back and running his eyes over the spines of the books on his bookshelves. He gives the impression of someone not actively looking to increase his number of bilateral relationships. Asked whether as a scholar of social behavior he thinks of himself as a particularly social person, he says, “I guess I’m sort of about average. I’m certainly not hypersocial, that’s for sure.” Over the course of one afternoon, he is interrupted twice by phone calls. The first is a major book festival asking him to be a guest speaker. The second is BBC News asking him to come on that evening. He says no to both, the first one with a trace of annoyance—he’d already declined by e-mail, he explains later.


His professional network spans an array of disciplines. He’s collaborating on projects with linguists, computer scientists, physicists, classicists, economists, archeologists, anthropologists, and literary scholars. All the projects are related to the social brain hypothesis. One study looks at laughter, its physiological effects, and the role it might play in cementing social bonds. Another considers, in a similar way, dancing. His collaborators universally praise him. “For me, Robin is the sort of person you can’t help liking within about five minutes of meeting him,” says Felix Reed-Tsochas, a theoretical physicist at Oxford who’s collaborated with him. “He’s full of really, really interesting ideas and insights, which just kind of gives you a buzz.”


In the fall of 2010, Dunbar got a phone call from Morin, who had been the executive in charge of Facebook’s app platform and co-invented Facebook’s Connect feature. Earlier that year he’d left the company to help found Path. He had discovered Dunbar’s work years earlier as a freshman economics major at the University of Colorado.


Morin, now 32, grew up in Helena, Mont., a town of 28,000 people, and he talks about small-town life in the key of John Mellencamp. “America was built on the backs of these small communities,” he says, sitting in a conference room at Path’s offices in a downtown San Francisco skyscraper with a view of the Bay. Although Morin has spent his adult life in cities, he’s used online networks to create communities with the closeness of his hometown.


Path, he says, provides a way for anybody to be able to do that. The service allows people to post photos from their smartphones. Users can message each other and comment on and search through the material others have posted. One of its more intimate features allows someone to tell everyone in his network when he’s going to sleep and when he’s woken up. But that network cannot be larger than 150 people. Path, in essence, is for clans.


“People feel like they can put things on Path they can’t put anywhere else,” Morin says. “Fundamentally, once you go beyond this number of people you can keep in your head, you begin to filter yourself, you change what you share and how much, you put on your public face.” The service recently passed 5 million users, and Morin says keeping its network size small has rewarded the company with a remarkably engaged user base.


Morin and Dunbar’s first conversation lasted a couple of hours. Among other things, they talked about Dunbar’s research on how long the average friendship can survive in the absence of face-to-face contact (6 to 12 months), and about how, according to Dunbar, a woman can have two best friends (including her romantic partner), but a man only one. Since then the two have spoken every few months. The search algorithm Path uses to find a user’s closest friends is based on Dunbar’s work. Morin says the service is launching several features this year that grow out of the psychologist’s ideas, although he declines to describe them.


Morin likes to point out that it’s misleading to talk about a single Dunbar Number. Dunbar actually describes a scale of numbers, delimiting ever-widening circles of connection. The innermost is a group of three to five, our very closest friends. Then there is a circle of 12 to 15, those whose death would be devastating to us. (This is also, Dunbar points out, the size of a jury.) Then comes 50, “the typical overnight camp size among traditional hunter-gatherers like the Australian Aboriginals or the San Bushmen of southern Africa,” Dunbar writes in his book How Many Friends Does One Person Need? Beyond 150 there are further rings: Fifteen hundred, for example, is the average tribe size in hunter-gatherer societies, the number of people who speak the same language or dialect. These numbers, which Dunbar has teased out of surveys and ethnographies, grow by a factor of roughly three. Why, he isn’t sure.


The venture capitalist Jerry Murdock is one of Path’s investors; his firm, Insight Venture Partners, also invested in Twitter and Tumblr. Murdock, who has a numerological streak, sees Dunbar’s Number as a sort of social Fibonacci sequence, a simple mathematical relationship revealing a deeper truth about the workings of the universe. He believes the two sets of numbers may be related. “What Dunbar’s theory does, like all good theories, is it explains constraints, constraints in nature,” he says. “And it’s the constraints that make great architecture. It’s the constraints that make great companies.”


Just as simplicity has popularized Dunbar’s ideas, it has opened him up to the charge of reductionism. “We want to apply this single monolithic idea that reduces all the complexity of the world to just one dimension and just one number,” says Duncan Watts, a network theorist and research scientist at Microsoft (MSFT). As he sees it, Dunbar’s model of friendship, as a series of circles of intimacy, is a massive oversimplification: In real life, people don’t have better friends and worse friends, they have different sorts of friends they go to for different things. “If you’re saying there’s only 150 people who matter, my response is, ‘Matter to what?’ ” he says. “Depending on what you’re trying to do, the people who matter may be your co-workers, they may be your old high school friends, they may be your current social circle, they may be your family. The challenge for social networking sites is to solve that problem.”


Others, anthropologists and brain scientists in particular, challenge the evolutionary story Dunbar tells, arguing that it discounts other factors that might have driven the development of the big human brain—the pressure to figure out more efficient ways to forage, or the need to surmount the defense mechanisms of the plants and animals our ancestors wanted to eat. “Ecological pressures like avoiding predators, finding food and shelter, choosing habitats—all these kinds of decisions. I think they played a role” in brain growth, says Reader, the biologist.


Researchers who’ve used different methods to measure the size of a person’s social circle have come up with numbers that don’t match Dunbar’s. One set of studies by the anthropologist Russell Bernard and the network scientist Peter Killworth found a mean social network size of 291. Another paper, published this month in the Journal of the American Statistical Association, came up with 611.


Among social network architects, there are those who see the Dunbar Number less as a wall and more as a hurdle. When Morin was at Facebook, he used to discuss behavioral science with Dustin Moskovitz, one of its co-founders. In 2008, Moskovitz, along with the programmer Justin Rosenstein, left Facebook to found Asana, a company that offers task-management software meant to improve how work teams collaborate. Whereas Path fits itself to the contours of the social limits Dunbar describes, Asana seeks to explode them.


To Moskovitz and Rosenstein, a tool such as Asana—or Facebook, for that matter—is like a telescope. It’s a technology that extends the range of our abilities. “It gives us more capacity for keeping track of these relationships, for annotating them, knowing what people are doing, developing an understanding of their strengths and weaknesses, without necessarily having a bunch of one-on-one conversations,” says Moskovitz. Rosenstein adds: “Certainly that’s one of our semisecret sub-missions: to increase Dunbar’s Number.”


At Facebook itself, Dunbar still comes up often. “We do talk about it. In a lot of contexts it’s a compelling framing of some of the data that we have about people’s relationships,” says Cameron Marlow, a sociologist and the head of the company’s data science team.


Dunbar is familiar with the critiques of his work, and he has responses to them. He agrees with Watts, for example, that people have different social networks for different purposes, but that doesn’t mean there isn’t some basic emotional bond we reserve for some people, independent of their utility to us: “Someone like your boss, or the person you borrow $ 50 from to pay the drug dealer, these people are meaningful in your life, but they’re not meaningful to you as relationships.” He also continues to find his number popping up all around him. A paper published in 2011 found that on Twitter the average number of other people a user regularly interacts with falls between 100 and 200. And though the limit on how many Facebook friends one can have is a generous 5,000, the average user has 190—more than 150, but within what Dunbar sees as the margin of error.


Dunbar himself has zero Facebook friends. He occasionally peers over his wife’s shoulder when she logs on at home, but he isn’t on the social network. He has a LinkedIn (LNKD) account, he says, “by mistake.” He opened a Path account but never uses it.


Dunbar does not rule out the possibility that human beings might be able to reset the cognitive limits on our social lives—we’ve done it before. The reason we’re able to function in so much larger groupings than our primate cousins, Dunbar argues, is because, tens of thousands of years ago, we taught ourselves to talk. Whereas baboons bond by taking turns picking each others’ nits, we have rhetoric and gossip and half-time speeches, not to mention singing and storytelling and jokes, to bring and hold us together. Language, he says, is how humans used their big brains to get to 150. And until something as revolutionary as that comes along, 150 is where he thinks we’ll stay.


Businessweek.com — Top News





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REPEAT-BMO Study: RRSP Deadline Causing Canadians Stress






TORONTO, ONTARIO–(Marketwire – Jan 12, 2013) – With the March 1st deadline for contributing to a Registered Retirement Savings Plan (RRSP) fast approaching, a BMO Financial Group study reveals that the annual deadline causes many Canadians stress as they scramble to find the money to make a contribution. However, the study shows that the majority of Canadians say they would feel less stressed if they switched their approach and made smaller contributions throughout the year.


According to the study, while three-quarters of Canadians with an RRSP have already made or plan to make a contribution to their RRSP before the deadline, 60 per cent admit that the deadline causes them stress.






This may be related to the fact that almost half (49 per cent) rely on making a lump sum contribution to their RRSP at the end of each year, rather than investing smaller amounts on a regular basis throughout the year.


The Advantages of a Continuous Savings Plan


When asked further about their views on contributing to an RRSP, more than half (54 per cent) of Canadians said they would feel less stressed if they used a Continuous Savings Plan (CSP) to make smaller regular RRSP contributions throughout the year.


A CSP regularly and automatically withdraws a specific amount of money from an individual”s bank account and invests it directly into his or her RRSP. A CSP eases the cost of investing away from one annual deposit, and helps to increase savings. For example, mutual funds fluctuate in value based on market conditions, so by investing the same amount in a fund each month, an investor can buy more fund units when the cost is lower. This can reduce the average price per unit an investor pays over the long term.


When informed about the benefits of a CSP, two-thirds of Canadians said they would be more likely to use a CSP in the future.


“Uneasiness around the RRSP deadline is understandable when Canadians have other financial priorities to manage, including paying down household debt,” said Marlena Pospiech, Senior Manager, BMO Wealth Planning Group, BMO Financial Group. “Yet, there are ways to manage and eliminate that stress. For example, opening a Continuous Savings Plan alleviates the worry about having to come up with a large lump-sum RRSP contribution as the deadline looms.”


BMO offers the following tips to help Canadians take the stress out of RRSP season:


Take advantage of special offers: Look for any special offers designed to incent you to open a CSP. For example, until March 1st, 2013, if you set up and maintain a new BMO mutual fund CSP for 12 months, you will receive a one-time 15 per cent bonus on your first month”s contribution (up to a maximum of $ 150). 


Invest “bonus” money: If you come into some money through a tax refund, work bonus or inheritance, consider contributing this unexpected income or sudden financial windfall directly into your RRSP as an investment in your future.


Take advantage of tax benefits: The money you contribute to an RRSP is deductible from your total income (within certain limits). For most people, contributing to an RRSP means paying less tax and can potentially result in a tax refund.


Seek out help: Speak to a financial professional who can help you set up a financial plan that includes a retirement component, including a CSP, and review your investments regularly. They can also advise whether it makes sense for you to take out an RRSP loan, such as through a BMO RRSP Readiline Account line of credit.


For more information on Continuous Savings Plans, please visit www.bmo.com/csp.


Get the latest BMO press releases via Twitter by following @BMOmedia.


The survey results cited in this release are from online interviews with a random sample of 1,000 Canadians 18 years of age and older, conducted between November 23rd and November 27th, 2012. A probability sample of this size would yield results accurate to ± 3.1 per cent, 19 times out of 20.


Marketwire News Archive – Yahoo! Finance





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Lance to admit doping in Oprah interview


AUSTIN, Texas (AP) — Lance Armstrong will make a limited confession to doping during his televised interview with Oprah Winfrey next week, according to a person with knowledge of the situation.


Armstrong, who has long denied doping, will also offer an apology during the interview scheduled to be taped Monday at his homeowner Austin, Texas, according to the person spoke on condition of anonymity because there was no authorization to speak publicly on the matter.


While not directly saying he would confess or apologize, Armstrong sent a text message to The Associated Press early Saturday that said: "I told her (Winfrey) to go wherever she wants and I'll answer the questions directly, honestly and candidly. That's all I can say."


The 41-year-old Armstrong, who vehemently denied doping for years, has not spoken publicly about the U.S. Anti-Doping Agency report last year that cast him as the leader of a sophisticated and brazen doping program on his U.S. Postal Service teams that included use of steroids, blood boosters and illegal blood transfusions.


The USADA report led to Armstrong being stripped of his seven Tour de France titles and given a lifetime ban from the sport.


Several outlets had reported that Armstrong was considering a confession. The interview will be broadcast Thursday on the Oprah Winfrey Network and oprah.com.


A confession would come at a time when Armstrong is still facing some legal troubles.


Armstrong faces a federal whistle-blower lawsuit filed by former teammate Floyd Landis accusing him of defrauding the U.S. Postal Service, but the U.S. Department of Justice has yet to announce if it will join the case. The British newspaper The Sunday Times is suing Armstrong to recover about $500,000 it paid him to settle a libel lawsuit.


A Dallas-based promotions company has threatened to sue Armstrong to recover more than $7.5 million it paid him as a bonus for winning the Tour de France.


But potential perjury charges stemming from his sworn testimony denying doping in a 2005 arbitration fight over the bonus payments have passed the statute of limitations.


Armstrong lost most of his personal sponsorship — worth tens of millions of dollars — after USADA issued its report and he left the board of the Livestrong cancer-fighting charity he founded in 1997. He is still said to be worth an estimated $100 million.


Livestrong might be one reason to issue an apology or make a confession. The charity supports cancer patients and still faces an image problem because of its association with its famous founder.


Armstrong could also be hoping a confession would allow him to return to competition in elite triathlon or running events, but World Anti-Doping Code rules state his lifetime ban cannot be reduced to less than eight years. WADA and U.S. Anti-Doping officials could agree to reduce the ban further depending on what new information Armstrong provides and his level of cooperation.


Armstrong met with USADA officials recently to explore a "pathway to redemption," according to a report by "60 Minutes Sports" aired Wednesday on Showtime.


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Why global labor reforms are vital






STORY HIGHLIGHTS


  • Saudi authorities beheaded Rizana Nafeek, a Sri Lankan woman

  • She was convicted of killing a baby of the family employing her as a housemaid

  • This was despite Nafeek's claims that the baby died in a choking accident

  • Becker says her fate "should spotlight the precarious existence of domestic workers"




Jo Becker is the Children's Rights Advocacy Director for Human Rights Watch and author of 'Campaigning for Justice: Human Rights Advocacy in Practice.' Follow Jo Becker on Twitter.


(CNN) -- Rizana Nafeek was a child herself -- 17 years old, according to her birth certificate -- when a four-month-old baby died in her care in Saudi Arabia. She had migrated from Sri Lanka only weeks earlier to be a domestic worker for a Saudi family.


Although Rizana said the baby died in a choking accident, Saudi courts convicted her of murder and sentenced her to death. On Wednesday, the Saudi government carried out the sentence in a gruesome fashion, by beheading Rizana.



Jo Becker

Jo Becker



Read more: Outrage over beheading of Sri Lankan woman by Saudi Arabia


Rizana's case was rife with problems from the beginning. A recruitment agency in Sri Lanka knew she was legally too young to migrate, but she had falsified papers to say she was 23. After the baby died, Rizana gave a confession that she said was made under duress -- she later retracted it. She had no lawyer to defend her until after she was sentenced to death and no competent interpreter during her trial. Her sentence violated international law, which prohibits the death penalty for crimes committed before age 18.


Rizana's fate should arouse international outrage. But it should also spotlight the precarious existence of other domestic workers. At least 1.5 million work in Saudi Arabia alone and more than 50 million -- mainly women and girls -- are employed worldwide according to the International Labour Organization (ILO).


Read more: Indonesian maid escapes execution in Saudi Arabia






Again according to the ILO, the number of domestic workers worldwide has grown by more than 50% since the mid-1990s. Many, like Rizana, seek employment in foreign countries where they may be unfamiliar with the language and legal system and have few rights.


When Rizana traveled to Saudi Arabia, for example, she may not have known that many Saudi employers confiscate domestic workers' passports and confine them inside their home, cutting them off from the outside world and sources of help.


It is unlikely that anyone ever told her about Saudi Arabia's flawed criminal justice system or that while many domestic workers find kind employers who treat them well, others are forced to work for months or even years without pay and subjected to physical or sexual abuse.




Passport photo of Rizana Nafeek



Read more: Saudi woman beheaded for 'witchcraft and sorcery'


Conditions for migrant domestic workers in Saudi Arabia are among some of the worst, but domestic workers in other countries rarely enjoy the same rights as other workers. In a new report this week, the International Labour Organization says that nearly 30% of the world's domestic workers are completely excluded from national labor laws. They typically earn only 40% of the average wage of other workers. Forty-five percent aren't even entitled by law to a weekly day off.


Last year, I interviewed young girls in Morocco who worked 12 hours a day, 7 days a week for a fraction of the minimum wage. One girl began working at age 12 and told me: "I don't mind working, but to be beaten and not to have enough food, this is the hardest part."


Many governments have finally begun to recognize the risks and exploitation domestic workers face. During 2012, dozens of countries took action to strengthen protections for domestic workers. Thailand, and Singapore approved measures to give domestic workers a weekly day off, while Venezuela and the Philippines adopted broad laws for domestic workers ensuring a minimum wage, paid holidays, and limits to their working hours. Brazil is amending its constitution to state that domestic workers have all the same rights as other workers. Bahrain codified access to mediation of labor disputes.


Read more: Convicted killer beheaded, put on display in Saudi Arabia


Perhaps most significantly, eight countries acted in 2012 to ratify -- and therefore be legally bound by -- the Domestic Workers Convention, with more poised to follow suit this year. The convention is a groundbreaking treaty adopted in 2011 to guarantee domestic workers the same protections available to other workers, including weekly days off, effective complaints procedures and protection from violence.


The Convention also has specific protections for domestic workers under the age of 18 and provisions for regulating and monitoring recruitment agencies. All governments should ratify the convention.


Many reforms are needed to prevent another tragic case like that of Rizana Nafeek. The obvious one is for Saudi Arabia to stop its use of the death penalty and end its outlier status as one of only three countries worldwide to execute people for crimes committed while a child.


Labor reforms are also critically important. They may have prevented the recruitment of a 17 year old for migration abroad in the first place. And they can protect millions of other domestic workers who labor with precariously few guarantees for their safety and rights.


Read more: Malala, others on front lines in fight for women


The opinions expressed in this commentary are solely those of Jo Becker.






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N. Dakota, Washington win Miss America prelims






LAS VEGAS (AP) — Miss North Dakota and Miss Washington have picked up prizes in the third day of preliminary Miss America competition in Las Vegas.


Miss North Dakota Rosie Sauvageau took top honors Thursday after her piano and vocal rendition of “To Make You Feel My Love.” The 24-year-old from Fargo, N.D., will take a $ 2,000 Amway scholarship home from the competition at Planet Hollywood resort.






Miss Washington Mandy Schendel took the trophy for the third round of the Lifestyle and Fitness category after modeling a strapless white Catalina swimsuit. The 22-year-old from Newcastle, Wash., earned a $ 1,000 Amway scholarship for it.


Contestants are divided into three groups and compete in different categories during three nights of preliminaries. Their scores will factor in the finals that will be broadcast live on Saturday.


Entertainment News Headlines – Yahoo! News





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Wall Street dips on Wells Fargo, Boeing; S&P up on week

NEW YORK (Reuters) - Stocks dipped on Friday after a record profit at Wells Fargo failed to attract buyers and Boeing shares were pressured by two further problems with its new Dreamliner aircraft.


The benchmark S&P 500 index fell slightly but was still up on the week and just a few points shy of a five-year high set Thursday.


Wells Fargo , the first major U.S. bank to post earnings this season, reported a record fourth-quarter profit as it set aside less money to cover bad loans and made more fees from mortgages. Its shares fell 2 percent to $34.70, erasing Thursday's gains but up 1.6 percent on the month.


Shares of Dow component Boeing fell 2 percent to $75.49 after a cracked cockpit window and an oil leak on separate flights in Japan added to other mishaps earlier in the week and to safety concerns about its new 787 Dreamliner. The US Department of Transportation said the jet would be subject to a review of its critical systems by regulators.


"The market is giving up a little of its rise yesterday," said Peter Jankovskis, co-chief investment officer at OakBrook Investments in Lisle, Illinois.


He said declines in Wells Fargo and Boeing were pressuring the overall market, but the consolidation around current levels showed the market remained resilient.


The Dow Jones industrial average <.dji> fell 21.54 points or 0.16 percent, to 13,449.68, the S&P 500 <.spx> lost 3.54 points, or 0.24 percent, to 1,468.58 and the Nasdaq Composite <.ixic> dropped 4.23 points, or 0.14 percent, to 3,117.53.


Best Buy shares rallied after its results showed a bit of a turnaround in its U.S. stores, though same-store sales were flat during the key holiday season. Shares were last up 12.2 percent at $13.70.


Basic materials shares were pressured after China's annual consumer inflation rate picked up to a seven-month high, narrowing the scope for the central bank to boost the economy by easing monetary policy. The S&P basic materials sector <.gspm> fell 0.7 percent.


Dendreon Corp shares jumped 18.2 percent to $6.03 after Sanford C. Bernstein upgraded the stock to "outperform" from "market-perform" and said the drugmaker could be one of the best performers in 2013.


U.S.-traded shares of India's No.2 software services provider Infosys Ltd jumped 18.3 percent to $51.98 after the company raised its revenue forecast.


(Editing by Bernadette Baum)



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9 More Crazy Ways We Probably Won’t Fix the National Debt






There are at least nine ways the U.S. can avoid crashing into the debt ceiling besides the one everybody’s talking about lately, namely minting a trillion-dollar platinum coin. Not necessarily nine better ways, to be sure. The coin gambit, rich in numismatic strangeness, deserves every bit of hype it’s getting. It could probably feature in a sequel to Nicolas Cage’s National Treasure franchise. White House spokesman Jay Carney refused to rule out a trillion-dollar coin in a press briefing Jan. 9, keeping the blogosphere buzzing.


But if for some reason the trillion-dollar coin idea doesn’t pan out–say, because the U.S. Mint can’t find a way to squeeze 12 zeroes into such a small space–there are lots of alternatives that range from intriguing to bonkers. Here we go:






1. Not one coin, but many. A trillion-dollar coin is so valuable that only the Federal Reserve could conceivably buy it from the Treasury Dept. But let’s say the government mints a whole bunch of $ 50 million coins. Say, 20,000 of them, which would add up to a trillion dollars. Greg Ip of the Economist says Yale University economist Gary Gorton has bruited this idea about. Treasury could sell the coins to chief financial officers of companies that want “a risk-free, liquid way to store cash with no risk of negative yields,” writes Ip. The coins would probably be kept in a vault at the Fed, Ip says, because “if the CFO lost one down a sewer grate, it would be a disaster.”


2. The “exploding option”: The government sells the Federal Reserve an option to purchase government property for $ 1 trillion or so. The Fed would credit the money to the government’s account. This is a close cousin to the coin idea, except involving real property and using an option that would expire, or “explode,” after Congress got around to raising the debt ceiling. Jack Walsh, a constitutional scholar at Yale Law School, floated this one in a piece for CNN Opinion. (What is it with these Yale professors, anyway?)


3. Pay expenses with IOUs: The federal government could pay IOUs (“scrip”) instead of cash to “federal employees, defense contractors, Medicare service providers, Social Security recipients and others,” University of Southern California law professor Edward Kleinbard wrote in a Jan. 10 op-ed in the New York Times. That would save precious dollars for interest payments on the debt. Banks could buy the scrip from holders for cash, though presumably less than 100 cents on the dollar. One small problem: This is illegal under the federal Anti-Assignment Act. But Kleinbard is confident that the president “could waive the act’s application.” As Richard Nixon once said: “When the president does it, that means that it is not illegal.”


4. The 14th Amendment to the rescue: The people who pushed this strategy in the last debt-ceiling go-round in 2011 are back. This famous amendment, ratified in 1868, guarantees due process and equal protection. But it’s the little-known Section 4 that has hearts aflutter. It says, “The validity of the public debt … shall not be questioned.” Paraphrasing President Teddy Roosevelt in Slate, University of Chicago Law School professor Eric Posner–yes, another law professor–writes that the president “should not twiddle his thumbs waiting for lawmakers to get their act together.”


5. Sell the gold: The United States has 5,000 tons of gold in Fort Knox. That should cover expenses for awhile. The good thing about gold is that it’s “liquid”–there’s a ready market for it. Same with mortgage-backed securities and student loans. Treasury hates the idea. “A family that is struggling to make its monthly mortgage payment could try to sell all of its possessions within a week at a garage sale or on the Internet,” but when the next payment rolled around, “all of its possessions would be gone,” the department warns. Bummer.


6. Sell the Statute of Liberty: Even if liquid assets like gold run out, think of all the illiquid assets the federal government owns and underutilizes. Imagine display advertising on Yosemite National Park’s Half Dome, or Lady Liberty dressed in the latest from Ralph Lauren or Balenciaga. The Heritage Foundation’s Saving the Dream plan [PDF] is modest by comparison to these visions: asset sales of “approximately $ 260 billion over 15 years,” including “real estate, mineral rights, the electromagnetic spectrum, and energy-generation facilities.”


7. Copy Greece: The Greeks “restructured” their debt last year. That’s the nice way to put it. The not-nice way is that they crammed a partial default down the throats of their creditors. Memo to Jack Lew: You don’t hit the debt ceiling if you don’t owe the money anymore.


8. Jubilee!: The world’s poorest countries don’t even have to negotiate debt forgiveness. Their plight is so hopeless that the International Monetary Fund, the World Bank, and other official lenders simply write off their loans. It’s called the Heavily Indebted Poor Countries Initiative. If the U.S. applies and is accepted, it will join the ranks of Afghanistan, Ethiopia, Haiti, and Zambia, among others.


9. Balance the budget: The U.S. doesn’t hit the debt ceiling if it cuts spending to the level of income. The Republican Party has been advocating a Balanced Budget Amendment for years. Granted, that’s more of a medium-term goal. Economists say that abruptly balancing the budget by the end of February would shut down much of the government and throw the economy into a severe recession. Not an ideal outcome.


There’s actually a 10th option, which is that Congress will vote to raise the debt ceiling sometime in the next few weeks, instantly making all these speculations irrelevant. But that’s way too ridiculous to contemplate.


Businessweek.com — Top News





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