Former Cameron assistant arrested in piracy scandal - Wall Street Journal

London-u.k. Prime Minister David Cameron called for a radical reboot of the intimate relationship between British politicians, police and media scandal mounting on tactical reports news from News Corp. of the tabloid world, even if it against questions about his own former judgment in hiring of editors of the journal as the top aid.

Peter Macdiarmid/Getty Images Prime Minister David Cameron at the press conference in which he announced a judge will conduct a public inquiry into the scandal of phone hacking.

In signe of how close to home for Mr Cameron scandal hits, this former assistant - Andy Coulson, a former moderator of the editor of world who served later as a strategist, communications Chief of the Prime Minister - was arrested in the case of hacking of phone about an hour after the appearance of Mr. Cameron.

Mr. Cameron also suggested that Rebecca Brooks - the CEO of the newspaper for the U.K. by News Corp. Unit and a personal friend of the Prime Minister - should resign.

Speaking at a Conference of media from its offices in Downing Street, Mr Cameron announced an independent inquiry headed by a judge, to investigate the telephone hacking world news of the tabloid newspaper allegations, to begin after a current police investigation ends.

He said also would be an investigation in culture media in the United Kingdom, which said, would ideally begin this summer and has proposed that all parties - including politicians from the country - have a lot to answer for. "The truth is that we were all in this together," said Mr. Cameron. "Yes, including me."

Mr. Cameron's comments followed a dramatic week in which News Corp. decided to shutter the 168 years of the world news to put an end to the controversy that has engulfed the tabloid. The saga involves the use of the journal of private detectives to obtain personal information about celebrities, politicians and other public figures, including through failure in the mailbox of the voice of mobile phone, a practice called hacking phone several years ago.

Getty Images former host of the world editor Andy Coulson

Mr. Cameron personally was attracted in the scandal through Mr. Coulson, his advisor of former media Chief who has been editor in Chief of the news of the world between 2003 and 2007. Mr. Coulson resigned from his role of Advisor Mr. Cameron in January in the growing pressure of prosecution and investigation on the tactical reports deployed to the tabloid he was editor in Chief.

Despite two actions a few years ago, police were forced to reopen the inquiry earlier this year as more information surfaced area, mainly through civil proceedings by those alleging were victims of phone hacking.

Friday, Mr. Cameron has said that he takes full responsibility for his decision to hire Mr. Coulson, but defends the decision, saying he believed that it was only fair to judge on the work that he has in his Office. "The decision to hire him was mine and mine alone, and I take full responsibility for it,", said Mr. Cameron. He stopped short of saying that it was a mistake and described Mr. Coulson as a friend.

An hour later, the friend was in custody. Police British Friday said they arrested a 43 - year man, with regard to allegations of corruption and illegally intercepted voice messages. According to a person familiar with the issue, the arrested man is Andy Coulson, editor for the paper from 2003 to 2007 and resigned in communication from the Prime Minister head earlier this year.

It is the sixth person arrested since the case was reopened this year and the highest executive paper or business to be arrested. None of the arrested persons were charged. Mr. Coulson could not be reached for comment Friday.

The scandal has led to calls for the resignation of Ms. Brooks, Executive Director of the unit of the company U.K. newspaper, News International, which was News Editor in Chief of the world until 2003, during the time of the hacking of telephone of the murdered girl. Ms. Brooks, which since then has become one of top lieutenants to the newspaper for the UK by News Corp. Unit, has until this received the support of News Corp., Director Executive of Rupert Murdoch and his son.

Mr Cameron, who is a friend of Ms. Brooks, at the press conference Friday referred to reports that Ms. Brooks recently offered his resignation. "I would have taken it," said Mr. Cameron.

Mr. Cameron also said the relationship between the British media and politicians have become too comfortable and politicians, were also responsible for insufficient control of the media industry. "Party leaders were so keen to win the support of newspapers we have closed their eyes,"he says. ".

Owners of newspapers and journalists of leading since long a close relationship with the politicians in power of Great Britain that are always take advantage of their peers in other countries. Marriage of 2009 Ms. Brooks was then Prime Minister Gordon Brown, Mr Cameron and other British law key decision makers. Publicly released records show Mr Brown entertain a steady stream of journalists in the country of the premier retreat of chequers as his predecessors had.

This close relationship sometimes gives journalists an angle to hit politicians, while the partisan coverage can fuel resentment among the legislators themselves. Labour say regulators that tabloids News Corp were particularly biased against them in the race until the elections of last may, with the Sun of switching allegiance on the eve of the discourse of main Conference of Mr. Brown.

Phone scandal piracy back in late 2005, when Prince William personnel alerted the possibility that the news of the world had hacked phone prince, triggering a police investigation, the authorities. Which led to the conviction of the Royal family of the corresponding journal Clive Goodman and Glenn Mulcaire, a private detective hired by the tabloid, who received sentences of four to six months ' imprisonment, respectively, for the phone of piracy.

Mr. Coulson resigned as editor-in-Chief of the newspaper after these statements of guilt saying: he took the responsibility of piracy that occurred on his watch that he did not know about it.

Mr. Coulson later became Director of communications of Mr. Cameron. But earlier this year, Mr. Coulson must resign again, saying advertising continues around the case made its difficult position.

On Tuesday he becomes a player when it appeared that News International had spent on the e-mails suggesting that Mr. Coulson, in the edition of this newspaper, may know the tabloid paid police officers for more information.

-Vitorovich lilly contributed to this article.

Obama endorsing marriage Gay - Wall Street Journal

WASHINGTON - the Chairman Barack Obama said Wednesday the gays and lesbians should be "treated like any other American", and bordered to approving gay marriages, but again stopped short.

A White House News Conference, Mr. Obama has predicted that gays and lesbians will finally enjoy equal rights. He welcomed the movement towards greater equality. He noted the embrace of his administration of legal reasoning that makes it difficult to maintain the prohibitions on same-sex marriages.

At the same time, Mr. Obama reiterated that States should decide whether to allow such marriages. And he refused to say if he personally supports these unions.

"I will do...".

Debt BofA Rides higher on colonization, Moody comments - Wall Street Journal

-Settlement of $ 8.5 billion said rater is positive credit, but warns against other risks

-The cost of swaps of five-year credit default on Bank of America falls 10 basis points

-Performance of the obligations of the significantly lower Cabinet in secondary trade

NEW YORK (Dow Jones)--Bank of America Corp. (BAC) debt exchanged until Wednesday after Investors Service of Moody said regulation 8.5 billion in the Bank with shoulders mortgage debt holders removes significant firm barriers.

Obligations to 5% of the BofA due may 2021 were trading on the secondary market at a price of 98.6 cents for a dollar, of hundred 97.8 Tuesday, according to MarketAxess, translation of...

Improves the India on trafficking in human beings humans: US - Wall Street Journal (blog)

The U.S. Department of State Monday improved the India on the issue of trafficking in human beings humans, saying that the country has made "significant efforts" to deal with crime.

In its annual report on trafficking in this year, the United States moved India to a location to "level 2," the second of four possible investments.

Mark Wilson/Getty ImagesSecretary of State Hillary Clinton mentioned the problem of trafficking in human beings humans in Washington, D.C., Monday.

Since 2004, the India had been on the "Tier 2 Watch list," a category that was created this year for countries with a problem of human trafficking on a large scale and which are considered as not enough year to another to combat. Previously, there are only three possible classifications.

The report praised India to configure the 87 of anti-trafficking units, to increase the number of convictions of people involved in the trafficking of human beings humans of forced labour and ratify a relevant Protocol of the United Nations last month.

However, he also said that the Government must do much more. "Corrupt the Act police officers would continue to facilitate the movement of the victims of sex trafficking and protected the alleged traffickers and the guardians of the House close to the law," said the report. "Some places continuous police provide sex and work processes to hamper relief efforts."

The State Department, said that the India should encourage States to implement the special courts dedicated to the prosecution of cases of trafficking, as Mumbai. It is also called on the India to improve the protection of victims testifying against traffickers and to increase the funding available for those who are trying to build a new life after being rescued.

The report also called for tougher penalties on crimes related to trafficking in human beings human. He noted that, in certain local laws cases on bonded labor and the working children prescribe the maximum sentences of three years. The report also stated that trafficking cases are often seen in the courts below where persons convicted may be sentenced to not more than three years, even where the law permits a greater maximum than that sentence. The State Department praised a Court of Tamil Nadu, which last year sentenced three convicted traffickers of bonded labour to five years in prison.

A spokesman for the Department is home to the India said that this fact did not comment on the reports on the India.

Earlier this month, a survey of the perception of a little over 200 experts on gender issues rated the most dangerous country India the fourth in the world, in large part because of problems of trafficking human, often women and girls and the feticide.

But, while sex trafficking is also a serious issue, United States, says forced labor is the greatest problem deals with the India, and that the majority of this is internal.

"Labour forced millions of citizens is more the India traffic problem," said the report by 2011. "The men, women and children in debt bondage are forced to work in industries such as furnaces of brick, rice mills, agriculture, and embroidery factories.

The report also criticises Maoist rebels of the India, called Naxals. "Maoist armed groups known as Naxalites recruited by force of the children in their ranks," said the report.

New York Gay marriage Vote Alters political battle lines - Wall Street Journal

Decision of New York to allow same-sex marriages paves the way for the battles in one half-dozen other States and could propel the rights of homosexuals as a matter of policy corner in the 2012 elections.

The new battle lines were already fixed as States such as Minnesota willing to take on the issue of same-sex marriage in a future close and that the law in New York a fresh pressure on President Barack Obama to express a clear position on the subject.

Agency France-Press/Getty Images riders take part in the New York City's gay pride parade Sunday.

Gay rights advocates, who celebrated Sunday in parades across the country, said the relocation of New York - a bill authorizing same-sex marriage which was defended by the Democratic Governor Andrew Cuomo and passed by a Republican State Senate Friday, marked a turning point in the debate political and legal nearly 20 years on the definition of marriage. "It's a huge victory brings a giant impetus for the movement to end the marriage to the United States discrimination," said Evan Wolfson, Chairman of the group to Marry free national gay rights.

After the gay pride parade Sunday in New York, Mr. Cuomo said: "I think that you will see this message now resonate across the country." If New York can do, it's OK for every other place to do so. »

Opponents said they would go on the attack against the Republicans who support same-sex marriage. Brian Brown, President of the national organization for marriage, said New York move was a "disaster for the Republican party", and that his group planned to spend $ 2 million over the next 18 months to defeat legislators who supported it.

But these GOP lawmakers also received promises of support from Wall Street, including hedge fund manager Cliff Asness of AQR Capital Management. The political action Committee of the Gill Action Foundation, launched by Tim Gill, has promised to help.

A group of financial executives including Paul Singer, Chief based in New York, Elliott Associates, organized efforts to support gay marriage for more than a year.

In September, Mr. Singer and Ken Mehlman, a partner and a global head of public affairs at Kohlberg Kravis Roberts and former Chairman of the Republican National Committee, were among the organizers of a staff to push the marriage homosexual law. Daniel Loeb, head of New York hedge-fund firm third Point LLC, joined forces with MM.. Singer and Mehlman, telling colleagues and others that he considers a civil rights issue, someone close to him said. Hedge fund investors to thank Mr. Loeb for the safeguard measure, said the person. MM.. Singer and Loeb themselves declined to comment through spokesman.

Relocation of New York may have repercussions in other States. Minnesota prohibits same-sex marriage, and voters there will consider a constitutional amendment next year which would add a heterosexual definition of marriage to the constitution. Supporters of the Bill and the leading gay rights are are committed to at least 4.7 million dollars for their campaigns.

In North Carolina, home of the 2012 Democratic National Convention, the State is weighing whether voters should take a constitutional ban on same-sex marriage. Maryland and Rhode Island legislators are considering bills pro-gay marriage of their own.

The leaders of Gay-rights in Oregon and California, where Proposition 8 in 2008 bans same-sex marriages, are also weighing whether to bring initiatives of pro-gay marriage for the ballot next year.

"It is crucial that we continue to fight all also difficult, even stronger, in Maryland and elsewhere, said Robert Broadus, head to protect marriage Maryland, who was in New York the week last for an attempt to defeat the vote.".

President Obama, who supports civil unions, said his position on same-sex marriage is "evolution". A staff of Manhattan with gay and lesbian Thursday donors, Mr. Obama supports the process that is New York. In so doing, it upset some democratic supporters, who said marriage leaving movements of States the burden that they think should be a federal question.

"The progressive democratic community seeks to Andrew Cuomo and seeing Bobby Kennedy and the President is not very politically astute in comparison, said Richard Socarides, who advised President Bill Clinton on the gay rights issues." The "people remember that when it is a candidate for the Presidency, he said,"I want to change the country."" Now it says homosexuals, "If you want to change, turn to your state legislature." ''

Mr. Obama "long believed that same-sex couples deserve the same rights and legal safeguards as straight couples," said the spokesman for the Obama Shin Inouye. "States should determine themselves how best to defend the rights of their citizens." The New York process worked just as it should. »

Moving to New York more than doubled, 35 million inhabitants, the number of Americans who live in States that same-sex marriage. Five other States, in addition to the District of Columbia, also allow same-sex marriages.

A may Gallup poll, echoing a March from Washington Post-ABC News survey, 53% of Americans believe same-sex marriage should be recognized as valid, with the same rights as heterosexual marriages. The survey has a sampling error of 4%, only 44% for homosexual marriage support last year.

Opponents point to a survey of Alliance Defense Fund may claiming a 2.53% margin of error revealed that 62% of Americans believe marriage should be defined "only as" a union between a man and a woman.

-Jenny Strasburg, Andrew Grossman and Steve Eder contributed to this article.

Write to Geoffrey a. Fowler at geoffrey.fowler@wsj.com

Waters surround nuclear power - Wall Street Journal

Protection berm to retain floodwaters of a nuclear power plant in Nebraska collapsed early Sunday after he was accidentally torn, surrounding containment buildings and the main electrical equipment with the Missouri River overflow.

Nuclear Regulatory Commission inspectors verified that the process to cool the reactor and irradiated fuel pool have been allocated, the Agency said in a press release.

484-Fort Calhoun megawatts, located 19 km north of Omaha, have been closed since April 7 for supplying fuel and the NRC said that it not be restarted until the flood waters recede.

Regulators have been keeping tight the Fort Calhoun nuclear Cooper, both managed by the State of Nebraska, flooding along the Missouri River became more and more widespread.

Two years ago, lack of preparation against floods at the plant were found during an inspection, but have been corrected.

The situation in Nebraska has developed in the fears increased nuclear safety, following the disaster of the Fukushima Daiichi plant to the Japan. The harm inflicted by a tsunami triggered the earthquake in early March has been the cause of a series of explosions and the release of harmful radiation.

The berm filled with water - not required by regulations of NRC - provided additional protection. It collapsed at about 1: 25 PM after he was accidentally broken while the work was done on the site, according to Victor Dricks, a spokesman for the NRC.

The berm, essentially a huge inner tube, then collapsed. Mr. Dricks said that he did not know the exact nature of the work that was underway.

Containment surrounded by water and auxiliary buildings are protected by the design of a flood of 1,014 average level of the sea level. Missouri River levels are not should exceed 1 008 feet.

Collapse of the berm allowed floodwaters washing around the main electrical transformers. As a result, groups diesel generators for emergency began. Later in the day, the power has been restored.

Mr. Dricks NRC said temperature monitors were working properly and the temperatures of the key parts of the nuclear power plant were normal. The water has not seeped into all containment structures, he said.

In shutdown mode, a nuclear power plant requires electricity to keep the cool key components in order to avoid any degradation or melting of the nucleus which could result in the release of radiation.

In response to the collapse of the berm, the NRC has activated its Incident Response Center. The lowest of four levels of notification of emergency remains in force for the plant.

President of the NRC Gregory Jaczko is scheduled to visit the plant Monday. Water levels have been day to the next a little hindsight, but weather forecasts called for more rain.

Write to Anna Raff to the anna.raff@dowjones.com

Obama generates push for Deal on arms Pact (Wall Street Journal)

?In an attempt to strengthen the support of the New START Russia, President Barack Obama nuclear weapons Treaty sent letters today to the leaders of the Senate, insisting on the fact that the Pact will not affect U.S. determination to press ahead with a missile defence system. ? ? ?

Among the main concerns of the criticisms of the Treaty could paralyse allows United States to carry out a system designed to protect the United States and their allies a missile attack. Such a system has been a favoured cause since the era Reagan conservatives. ?

?Among other things, the critics as the preamble of the Treaty to the United States concern the Russia quote 'interrelationships between strategic offensive and defensive weapons policy ".

Leader of the Democratic majority EPA of Harry Reid, left, with a group of images Senator Mitch McConnell.

Advocates argue that language is nothing more than a non-binding in fact statement.

As the debate on the document continues with the Senate over the weekend, some Republicans seek to change this language. Senator John Kerry (d., Massachusetts), Chairman of the Senate Foreign relations Committee and important funder of the Treaty in the Senate, has warned any change in his language would kill in force of the Treaty. ? ? ?

?In wrote in his letter, Mr. Obama "new START Treaty does no restriction on the development or deployment of our programs of Defence missile."? ? ? ?He adds, "as long as I am President, and as long as the Congress provides the necessary funds, the United States will continue to develop and deploy effective missile defenses to protect United States, our deployed forces and our allies and partners. ?."

Senator George Voinovich (r., Ohio) immediately clapped the letter from Mr Obama and announced his support for the Treaty. Mr. Voinovich had not committed prior to vote for her, but his support had been found liable.

Some opponents of the Treaty note the Russia Federation issued a statement saying that it could withdraw from the Treaty if the accumulation of a system of Defence missile American threat the Russia strategic nuclear potential.

The administration says the other party may withdraw from the Treaty in any event, so the statement does not change. U.s. officials also say the system of Defence missile will not threaten the strategic balance u.s. - Russia. ? ? ? "The United States did not and does not share the Russian statement," Mr. Obama writes.

It is unknown whether the letter from Mr Obama to change the dynamics of the process of ratification. The debate in the Senate should extend over several days. Supporters the Treaty believed that they are close to him had 67 votes needed for ratification but are far from declaring victory. ?

Write toNaftali Bendavid naftali.bendavid@wsj.com

Northern Korea threatens attacks more (Wall Street Journal)

Seoul, North Korea warned Friday he would more violently attack that he did so last month Seoul occurs with the island in Pyongyang South Korea artillery fire test plans.

The statement raises issues which was already considered a risky test of courage of the two Koreas to challenge the inter-Korean maritime border.

AFP/Getty Images Korean marine patrol on the island of Yeonpyeong near the maritime border between the two Koreas 17 December 2010.

"There will be more deadly that what was done on November 23 the powerfulness and the sphere of the strike", the Korean people's army said in a statement relayed by the media State North.

Four of South Koreans are dead, including two civilians in North Korea fired artillery on Yeonpyeong, 170 at an island in the Yellow Sea, a few kilometres from Korea North coast which was controlled by the South Korea for decades.

The bombing destroys about 30 houses and damaged almost every building in the small village of the island. Most of the 1,400 inhabitants of the island left and no have not returned.

Most recent statement of North Korea also reiterated request North Korea waters which have long been controlled by Korea South near Yeonpyeong and four other islands. ""The Northern Korea says Korea South and the United States"had better reflect" on his warnings.

South of the island of Yeonpyeong Korea residents fear that a military drill could provoke a new Northern Korea aggression. Video courtesy of Reuters.

Korea South military and Government was not immediately respond the warning.

Korea South military announced Thursday he would again stage its monthly test artillery from his position as a seaman on the Yeonpyeong between Saturday and Tuesday, according to weather and other conditions.

South Korea wants to assert his hold Islands and water, he controlled since the end of the war of Korea in the 1950s, but officials and the public are suspicious actions would be climbing the issue in a dispute more wide.

United States closest military ally of Korea South since the war Korea, officials also worry about retaliation spiral out of control.

"That you want to reach that is for the escalation to be - we lose control of escalation,"General James Cartwright, vice Chairman of the U.S. Joint Chiefs of staff, said the Pentagon Thursday.""

Korea North after attack on 23 November claimed he fired on the island because he defended its territorial waters of South Korea shells fired in a test date here. Claim confused Korea South and its allies for some time because the monthly trial aims consistently far North Korea and its territorial waters, who South Korea was understood long several kilometres to the North of the island.

But as explanations of the Korea attack North has evolved in the following weeks, it later became clear that Northern stated that all the waters around Yeonpyeong belong to it.

Pyongyang spent years on the inter-Korean maritime border drawn at the end of the 1950s, Korea, war which instead of Yeonpyeong in the waters of the South Korea. The maritime border forces ships Korea Northern military and commercial to make a long journey westward prior to reaching the sea.

Pyongyang has tested the border multiple times since the late 1990s, with advances in naval. But the attack last month on the Korea of South-controlled Yeonpyeong Island, which lies a few miles off the coast of Northern Korea scored a violent elevation of its claims.

South Korea Member invited United Nations led by United States, who is responsible for ensuring compliance with the agreement that ended the war Korea and the media to watch the new test 1953 Armistice command.

Separately, U.S. diplomats concluded a trip to Beijing, where they met with a senior Chinese official, State Councillor Dai Bingguo, who visited the North Korean dictator Kim Jong-Il in Pyongyang last week.

Chinese media, Mr. Dai said that he believed the so-called six-party talks, a diplomatic process that began in 2003 to persuade Korea North to put an end to its pursuit of nuclear weapons should be expanded to handle other issues, including the dispute existing between the two Koreas.

The United States and South updated Korea pushed Beijing calls for a discussion of six parties on the attack on the island of Yeonpyeong. In addition to China, North Korea Korea and the United States, the six-party process also includes the Japan and the Russia. American officials have long sought to keep the six-party process on ending the pursuit of weapons of Pyongyang.

In the meantime, Governor Bill Richardson of New - Mexico spent his first full day in Pyongyang Friday. M. Richardson, a former Secretary of the U.S. energy arrived in North Korea Thursday, is a small number of former US officials receiving invitations to his authoritarian regime when it wants to send messages to the Government of the United States by official channels.

The White House said Thursday, it was not coordinated travel by Mr. Richardson in Pyongyang or former member of Congress was transporting any special message from Washington.

Write toEvan Ramstad evan.ramstad@wsj.com

BofA in mortgage Setttlement talks (Wall Street Journal)

Bank of America Corp., after combat requests that he buy certain loans began to potential settlement discussions with some of its largest investors of the mortgage.

The Group of 17 members currently in talks with largest bank nation such as measured by assets includes the Federal Reserve Bank of New York, a company owned by the Government mortgage Freddie Mac, BlackRock Inc. and Allianz are Pacific Investment Management Co. or Pimco.

Reuters CEO Brian Moynihan told BofA was engaging in "at par" combat on mortgage redemption requests.

Approach to the Bank with this group appears to signal a change in tone for Chief Executive Brian Moynihan, which, in November, is committed to participate in the "daily struggle, body to body" on requests for the investor to buy up bad mortgages made before U.S. housing collapse.

Spokesperson for the Bank James Mahoney said the decision to enter into talks with the Group of investors is not incompatible with the previous approach by Mr. Moynihan.

"Our strategy has not changed", he said. "Bank of America and investors, solve these problems quickly in the interests of all." If resolution is a long-term process, or it can be speeded up, say. »

Investors, some of which are acting on behalf of clients, sent a letter October alleging that a unit of Bank of America has not properly 115 trading link service consisting of residential mortgages. It gives the Bank 60 days to respond.

Disclosure of stock of the Bank of America tumbling 4.4% letter on 19 October, as investors grappled with door that the Bank could be overwhelmed with these demands of the investor. The Group has since expanded and now includes 17 investors and 167 treats binding.

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"Our clients are of course very pleased that we were able to open this dialogue and we hope to move it in a positive direction," said Kathy Patrick, a lawyer for the holders of bonds. Mrs. Patrick said that initial extension in the period of negotiations will be January 30, but it can of course be extended if discussions are productive. »

The talks could disintegrate, but conversations are an attempt by the Bank to put the question behind him, people familiar with the situation said.

No American Bank is more vulnerable to an array of the policies and financial threat posed by the misfortunes of loans. Bank of America has repurchased requests more than any of his rivals. It services a mortgage every U.S. five, many of them for the acquisition of Bank of America lender program national Financial Corp. in 2008.

"The objective set out Brian is to put the issues behind us as quickly as possible and in the best interests of the shareholders"Bank spokesman, said Mr. Mahoney."Virgin"

Purchase loan mortgage new claims amounted to 12.8 billion at the end of the third quarter, up to 7.5 billion for the quarter of the year - ago in total. The Bank has set aside $ 4.4 billion in reserves for these restore attempts.

M. Moynihan said analysts on 19 October that he was not interested by a lump sum payment large obliterating the question of redemption.

"We want to put this behind us to make us feel that good", he said. "We will make sure we are going to pay when due, but not just to make a regulation to move the issue behind us."

-Ruth Simon
has contributed to this article.

Write toDan Fitzpatrick dan.fitzpatrick@wsj.com

How iPhone, gadgets "Deformation" of trade data (Wall Street Journal)

BEIJING – a popular solution for current economic woes of the U.S. is America's most successful high-tech gadgets sucks the rest of the world.

Associated press researchers estimated that iPhone added 1.9 billion for the trade deficit with China last year. Above, an Apple store in Palo Alto, California.

However, two scholars believe iPhone as Inc. Apple - a commodity technology U.S. bestseller - added really 1.9 billion for the trade deficit with China last year.

How is this possible? Researchers say traditional ways to measure global trade produced the number but fail to take account of the complexity of global trade where the design, manufacture and Assembly of products often involve many countries.

"A distorted image" is the result, they say, that exaggerates the trade imbalances between nations.

Statistics on trade in both countries consider the iPhone, a Chinese export United States, although it is entirely designed and owned by an American company and consists largely of exhibits in the country several European and Asian. China's contribution is the last step - mounting and telephone shipping.

All $178.96 approximately the amount will be credited with big costs phone shipped to China, even if the value of the work done by the Chinese to Hon Hai Precision Industry Co. workers represents only 3.6%, or $6.50, of the total, researchers calculated in a report published this month.

An Apple spokesman said that the company refused to comment on the research.

European Agency for the two University researchers have found that the Apple iPhone actually added 1.9 billion for the trade deficit with China last year.

The result is that, according to official statistics, "same hi-tech products invented by us firms will not increase u.s. exports," write Yuqing Xing and Neal Detert, two researchers at a think tank in Tokyo, Asian Development Bank Institute in their report.

This is not a problem with high-tech products, but with the way in which the exports and imports are measured, they say.

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Research adds to debate on traditional trade statistics which could have consequences for the real world. Conventional trade figures are the basis of political struggles leads to Washington and Brussels what China's currency policy and its business practices would have been unfair.

"What we call"Made in China"is indeed assembled in China, but what makes the commercial value of the product comes from many countries," Pascal Lamy, Director General of the World Trade Organization said in a speech in October. "The concept of country of origin of the manufactured products gradually became obsolete.

Mr Lamy said if trade statistics have been adjusted to take account of the actual value contributed to a product by the different countries, the size of the u.s. trade deficit with China - 226.88 billion, according to the figures in the United States – would be reduced by half.

To correct this bias is difficult because it requires a detailed how products are put together knowledge.

Unseat imports and exports of value added in different countries can lead to some controversial conclusions. For example, some U.S. lawmakers argue that China needs to let its currency increase significantly against the US dollar to reduce the trade deficit between the two countries.

The value-added approach shows, iPhone sales are added to the US - economy rather than the subtraction, the traditional approach would entail.

Based on the sales of U.S. iPhone 11.3 million in 2009, researchers believe iPhone Chinese exports to 2.02 billion. After deducting 121.5 million in Chinese imports parts produced by American firms such as chip maker Broadcom Corp., they arrive at the figure of Chinese trade surplus of $ 1.9 billion and the trade deficit - in iPhone.

If China was credited only its share of the value of an iPhone production, exports to the United States for the same amount of iPhone would be a trade surplus of U.S. 48.1 million, after U.S. parties business accounting help.

Other economists say that certain aspects of the methodology of researchers may have led to exaggerate their case. The study, for example, implies that companies like Toshiba Corporation and Samsung Electronics Co. are components for iPhone fully assemblies in their country of origin.

But many vendors Apple have facilities for manufacturing in China, it is likely only a portion of the components that they build for iPhone are manufactured in China as well.

The last results are generally similar analyses made by the Center for it staff at the University of California, Irvine, trade and the manufacture of another product Apple iPod. This research has also found that Chinese labour represented only a few dollars value of iPod, even if the statistics credited trade China to produce its full value.

In a speech delivered in September in New York, Chinese Prime Minister Wen Jiabao cited research to say that trade tensions between the United States and China are exaggerated. Many of China's exports are products which are manufactured in China on the contract for foreign companies, he said, they should not criticize China for execution of a large trade surplus.

"Companies foreign-funded, including United States, are the main beneficiaries" of this system, said Mr. Wen.

-Loretta Chao has contributed to this article.

Write toAndrew Batson at andrew.batson@wsj.com

Facing adult anger (Wall Street Journal)

Melissa Hoistion was enjoying dinner with her husband and three children at a restaurant in francs, N.J., recently - until the boy vanished for 20 minutes.

Her husband, Tim, began to murmur. Ms. Hoistion braced herself. "Uh-oh, here it comes," she remembers thinking.

"EXCUSE ME!" he shouted in the whole of the room for another boy, then stormed off the coast of complaining to the Manager. When the origin server finally return to the table, her husband had shouted, "where the hell minutes it since the last 45?" and continued of berating him until the man walked farther.

"Links" columnist Elizabeth Bernstein discusses the trial-and-true ways to care for family members who have anger management problems.

Set people at other tables. Ms. Hoistion, a representative old PR 35 years for drug and alcohol treatment center has developed its head down and a helping hand to his eyes. In the car on the way back, she told her husband, "you know I hate it when do you." It ruins the dinner. »

With the period holiday in full, are therefore a crisis in anger in stores, restaurants, and airports and little nearly anywhere else, really. People are exhausted, stressed and concerned about the money. Many have good adaptation to begin with, at any time of the year.

However, as anyone who has always loved someone with an instant temperament can tell you much more a meal can be ruined when an adult has an angry in public. Joe James, a psychologist in Bethesda, Maryland, 50 years, the knows only too well. He remembers how years earlier, when he was in school, it would snap to teachers, other drivers on the road, parents and friends of members. He was fired for a job as a computer repairer to shout subordinates for 15 minutes straight. Long term girlfriend said she was tired of walking on the shells of eggs and the left, after shouted his a too large number of times. His dog is afraid of him: one day, Mr. James was laughing loudly while talking on the phone, and the dog hiding under the bed. "I do not pleasant to live with someone," he explains.

Ms. Hoistion said she is accustomed her face husband loudly servers, noisy store or people managers in extremely embarrassing theatres, and she told him whenever he does. Yet he brushes off the coast of its concerns, says and insists that the behavior is justified. Thus, after one of its explosion, often argue, she says.

"I want to not sound like a jerk, but if I pay for the service, I expect good service", says Mr. Hoistion, 43, a Manager for cleaning-supplies company customer service. "And sometimes cry is not less than they deserve." He admitted that his voice will become "really, really hard, as the Green Giant Jolly giving you hell," when he gets mad.

To be clear, I am not violence here. Experts agree that leave you a relationship with a person physically or verbally abuse you. What I'm talking about are a public crisis – the anger of a boy - that some people directly to those unlucky enough to be in the vicinity lines.

People are angry for a variety of reasons, of course. Many are so has pointed out that any incident slightly shocking in their day defines the.

"Anger is a protective response to a perceived wrong, says Mr. James, who has taught himself to control his temperament and became an anger management professional expertise." "" If you're overwhelmed and something comes out of the next day, you will feel like a threat. »

Many people may be in denial about how crazy they get. When we get angry, the emotional brain Centre has a much greater than the part which governs the conscious thought influence. And some experts believe that the anger we become less aware we are the same.

How to keep a loved one angry ruining your relationship? Here are some tips from the experts.

Don't be not silent. It allows to ignore the bad behavior. And withdrawal makes angry person feel judged, said Joe James, psychologist and specialist in anger management.Validate feelings, not the behaviour. "Telling"Honey, I understand that you are really angry,"", says coach Karen McMahon, divorce and separation of Oceanside, New York ' you do not validate their response; you validate their feelings. And it is the fastest way to disarm them. "Explain later why behavior upsets you. Are you embarrassed? Irritated that out evening was ruined? Frustrated that the situation has caused delays? Say "I love you, but it is difficult for me to be favourable to you when you handle a situation like that."Question open to all. What the person feels about his behaviour? It is under stress? Try to understand what was going on.Edit your own behavior. Stop confirming your end of the relationship - refuse to Cook, say - until such time as the judgments of bad behavior. "As soon as one person starts to change, the dance has change," says Ms. McMahon. "Change happens always when you edit yourself, not the other person."

Then what to do when someone is fusion? Psychologists agree on the importance of remaining quiet when the other person explodes. This is not your anger. Do not withdraw completely, but restrict what you saying to validate the feelings of the person - you understand why it is angry - not bad behavior.

"It is unlikely that you have a constructive conversation when someone lies in the red zone," explains Susan Orenstein, psychologist Cary, N.C., who specializes in the management of anger. "But I think it is important to say something like:" I can't hear really you when you are launching things. " But I would be happy to listen to when you calm down. » "

After everyone has chastened, calmly explain why shocked you collapse. Ask your dear how anger made him feel and what could really sparked anger.

The person is worried about work, money, children? Try to ask open-ended questions, so you can really sense of what was going on.

At a given time, you may want to suggest professional help. You can indicate your dear you are concerned and that the behavior affects the relationship. You can suggest that you go to therapy. Even though will your dear go not, you can go alone.

In the meantime, you need to set the limits. Stop you to potentially explosive situations. Exit at dinner or travel with someone else. Single boutique. Drive your own car.

Consider an ultimatum - but only if say you.

"People always say they want to change," says Dr. James. "But that the cost of doing business the old way is more painful than the price evolution whatever, people are very reluctant to do so."

-Write to Elizabeth Bernstein at Bonds@wsj.com or follow its www.Facebook.com/EBernsteinWSJ column.