Christie: Boehner's sandy snub 'disgusting'

Saturday, 12 January 2013

Washington, Jan 12 : New Jersey Gov. Chris Christie said that it was "disgusting" that the House adjourned without voting on a $60 billion relief package for the victims of superstorm Sandy and put the blame squarely on a fellow Republican -- House Speaker John Boehner.

Christie, who is considered a possible Republican presidential candidate four years from now, said there was "only one group to blame, the Republican Party and Speaker Boehner."

The blunt talking New Jersey governor joined a chorus of Republicans from New York and New Jersey fuming over his decision to pull the bill at the last minute.

Christie in an angry news conference decried the "selfishness and duplicity," the "palace intrigue," "the callous indifference to the people of our state."

"Unfortunately people are putting politics ahead of their responsibilities... You do the right thing. Enough with all the politics," he said.

Christie said that when it comes to natural disasters, "We respond as Americans, at least we did until last night... it was disgusting to watch."

"In our hour of desperate need, we've been left waiting for help six times longer than the victims of Katrina with no end in sight," said Christie. "Sixty-six days and counting, shame on you. Shame on Congress."

The governor said his four calls to Boehner went unanswered, but he said he spoke to the House speaker. Christie would not disclose any details of the conversation, but clearly his anger over the no-vote was not mollified.

Following Christie's press conference Republican representatives from New York and New Jersey announced that the speaker promised a vote on the bill on Jan. 15.

"Getting critical aid to the victims of Hurricane Sandy should be the first priority in the new Congress, and that was reaffirmed today with members of the New York and New Jersey delegations," Boehner said in a statement released late this afternoon.

Rep. Peter King, R-NY, whop spent much of the day criticizing Boehner, met with the speaker this afternoon and was confident that the speaker would keep his word and hold a vote later this month and offered for the first time a reason for why the bill was pulled.

"[Boehner] said there was much confusion and so much fighting going on over the fiscal cliff bill it would be damaging to the Republican caucus" to have voted on the relief bill.

Lawmakers were initially told by Boehner, R-Ohio, that the relief bill would get a vote following an eleventh hour vote on the fiscal cliff bill. But in an unexpected switch, Boehner refused to put the relief bill to a vote, leading to lawmakers from parties yelling on the floor of the House.

Congress historically has responded to natural disasters by promptly funding relief efforts. It took just 11 days to pass a relief package for victims of Hurricane Katrina in 2005. The Senate already passed its version of the bill that would replenish an emergency fund set to run out of cash next week and which will help repair subways and tunnels in New York City and rebuild parts of the New Jersey shore devastated by superstorm Sandy.

Time is particularly pressing, given that a new Congress will be sworn. The Senate will therefore have to vote on the bill again before it comes to the House, which could be as late as February or March.

"This was a betrayal," Rep. Michael Grimm, R-N.Y., told ABC News.com. "It's just reprehensible. It's an indefensible error in judgment not have given relief to these people that are so devastated."

Rep. King, took the floor of the House and to the airwaves and aimed his outrage squarely at Boehner, accusing him plunging "a cruel knife in the back" of storm-ravaged residents "who don't have shelter, don't have food," he said during a House session this morning.

"This is not the United States. This should not be the Republican Party. This shouldn't not be the Republican leadership," King said on the floor of the House.

He made no attempt to hide his anger, suggesting that residents in New York and New Jersey should stop sending money to Republicans and even questioning whether he could remain a member of the party.

"Anyone who donates one cent to the Republican Congressional Campaign Committee should have their head examined," King, a staunch conservative and Republican congressman for 10 years, told CNN.

"They have written off New York and New Jersey. They've written me off…. Party loyalty, I'm over that. When your people are literally freezing in the winter… Then why should I help the Republican Party?" he added.

He said that Boehner refused to talk to Republican members from New York and New Jersey when they tried to ask him about the vote.

"He just decided to sneak off in the dark of night," King said.

Democrats were also outraged.

"It is truly heartless that the House will not even allow the Sandy bill to come to the floor for a vote, and Speaker Boehner should reconsider his ill advised decision," Sen. Chuck Schumer, D- N.Y., said in a statement.

October's storm was the worst natural disaster ever to hit the region, causing billions in damage and leaving 120 people dead.

More than 130,000 people are expected to make claims to the federal government, but without a funding increase only about 12,000 people can be covered with existing funds.

"It doesn't make sense they wouldn't vote on this. There are truly people in need," said Steve Greenberg, whose home was flooded and damaged by fire in the hard-hit Breezy Point section of Queens. "Not of these people are fit to serve," he said.

Grimm said Boehner's decision fuels a perception that the Republican Party does not care about people.

"It buys into the ideology that Republicans don't care and are callous," he said. Grimm said there were enough votes to get the bill passed and that it makes fiscal sense, because the money would go to help spur small businesses.

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NY newspaper hires armed guards after publishing gun permit names

New York, Jan 12 : A suburban New York newspaper that ignited a furor by publishing the identities of thousands of residents who hold gun licenses has hired armed security to guard its staff after receiving an intimidating e-mail, a police report said.

Among a "large amount of negative correspondence" that White Plains, New York-based Journal News has received since publishing permit holders' names was one e-mail in which the sender "wondered what would get in her mail next," according to a Clarkstown, New York, police report.

The editor, Caryn McBride, told police the newspaper hired a private security company whose "employees are armed and will be on site during business hours," the report said. The guards are protecting the newspaper's staff and Rockland County offices in West Nyack, New York.

Police told McBride the e-mail did not contain an explicit threat that could compel authorities to take action against the sender. The menacing e-mail was reported to police on December 28.

Calls to the newspaper and the security firm, RGA Investigations, were not immediately returned.

The Journal News first published an interactive map listing the names and addresses of thousands of gun permit-holders in Westchester and Rockland counties, just north of New York City, on December 24.

The newspaper's editors said they sought the information after the December 14 shooting deaths of 20 children and six adults at an elementary school in Newtown, Connecticut, that has sparked nationwide debate about gun control.

Authorities in nearby Putnam County said they will refuse to release names of permit-holders to the newspaper.

"There is the rule of law, and there is right and wrong and the Journal News is clearly wrong," Putnam County Clerk Dennis Sant said in a statement. "I could not live with myself if one Putnam pistol permit-holder was put in harm's way, for the sole purpose of selling newspapers."

State gun-owner groups have called for an advertising boycott of the newspaper until it takes the map and identities off its website.

The newspaper, owned by the Gannett Co, sought the information under the state's Freedom of Information law. It says the identities are a matter of public record.

The Putnam County clerk said he has received hundreds of phone calls urging him not to give the information to the paper.

Putnam County officials are to appear at a news conference declaring their intentions, along with state Sen. Greg Ball, a Patterson, New York, Republican who has said he will introduce legislation to keep permit information private except for access by police and prosecutors.

A similar bill he introduced failed in the state Assembly.

The newspaper's editor and publisher have said they expected the publication of the information to be controversial.

"But we felt sharing information about gun permits in our area was important in the aftermath of the Newtown shootings," said Janet Hasson, president and publisher of The Journal News Media Group.

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Ariz. woman standing trial in death of boyfriend

Phoenix, Jan 12 : Attorneys in the trial surrounding the 2008 gruesome killing of a suburban Phoenix man painted opposing pictures of the victim in opening statements, with prosecutors describing him as a devout Mormon and a "good man," and the defense saying he was violent and abusive.

On trial in the case is 32-year-old Jodi Arias, who could become the fourth woman on Arizona's death row if convicted. She is accused of shooting Travis Alexander in the face, stabbing him 27 times and slitting his throat, then leaving him in a shower in his Mesa home in June 2008.

Alexander's roommates found his body, and Arias was arrested the following month at her parents' northern California home.

Prosecutors argue Arias was a jealous woman who brutally attacked Alexander, 30, after he tried to end their relationship.

"This is not a case of whodunit," Deputy Maricopa County Attorney Juan Martinez said in his opening statement. "The person who committed this killing sits in court today — Jodi Ann Arias."

Jennifer Willmott, an attorney for Arias, told jurors her client acted in self-defense after Alexander "lunged at Jodi in anger."

"Jodi's life was in danger. He knocked her to the ground in the bathroom where there was a struggle," Willmott said. "If she did not have to defend herself, she would not be here."

Martinez said Alexander was a motivational speaker and a devout Mormon, and that Arias "stuck a knife in his chest."

"She slit his throat as a reward for being a good man," Martinez said.

Prosecutors are seeking the death penalty in the case. The trial is expected to last until April.

Investigators said Arias provided several versions of what happened, beginning with denying that she was at the scene until authorities found her bloody handprint on the floor of the bathroom.

Arias later suggested two masked intruders attacked her and killed Alexander, and she didn't call police because she was scared.

Mesa police said Arias eventually changed her story again, claiming self-defense and telling detectives that Alexander got violent with her.

Alexander had told friends Arias had become too possessive and was acting like a stalker, so he ended their relationship to see other women. But phone and email records indicate the pair continued to carry on a sexual relationship, The Arizona Republic reported.

Mesa police detective Esteban Flores downplayed the stalker description, saying Alexander was inviting Arias to his home and the phone calls between them "were back and forth."

Arias' attorneys have said she was not the sexual instigator in the relationship and pointed to provocative photos Alexander had sent her.

According to court records filed by Arias' attorneys, Alexander persuaded her to come to his home on June 4, 2008. They claim the couple had sex, then took provocative photographs of each other, one even showing Alexander posing naked in the shower.

Authorities said a camera found in the washing machine at Alexander's home contained a memory card with the photos, including one taken minutes after Alexander posed naked showing his bloody body in the shower.

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China services growth adds to economic revival hopes

Beijing, Jan 12 : Growth in China's increasingly important services sector accelerated in December at its fastest pace in four months, adding to signs of a modest year-end revival in the world's second-largest economy.

China's official purchasing managers' index (PMI) for the non-manufacturing sector rose to 56.1 in December from 55.6 in November, the National Bureau of Statistics (NBS) said.

Two PMIs on the manufacturing sector earlier this week also suggested China's economic growth was picking up late in 2012, although signs persist it depends primarily on state-led investment.

Data so far suggests only a muted revival in economic growth, rather than a return to the double-digit pace seen in China over the past three decades, Hong Kong-based economist Dariusz Kowalczyk said.

"Absolute levels of both December manufacturing and non-manufacturing PMIs remain relatively low by historical standards and consistent with only modest rebound in economic activity," Kowalczyk, Credit Agricole's senior economist for Asia except Japan, said.

He said economic growth picked up in the fourth quarter of 2012 after sliding for seven straight quarters, but in sharp contrast to China's previous, more pronounced bull runs, it could fade after the first quarter of 2013.

The greatest driver in the pick up in the non-manufacturing sector in December was a jump in construction services to 61.9 from 61.3 in November. Industries including transport slumped, the NBS said in an accompanying statement.

A reading above 50 indicates growth is accelerating, while one below 50 indicates it is slowing.

The strength in construction services is consistent with other indicators, including rising land prices, that point to a revival in China's property markets, which support about 40 other industries. Signs of a pick up come despite central government protestations that it will not relax credit and purchasing curbs that have stifled the sector in the past two years.

The transport slowdown is also consistent with weak demand for China's exports in the face of euro area and Japan recessions and an uncertain fiscal outlook in the United States.

The official manufacturing PMI survey in December matched November's seven-month high of 50.6, the NBS said, while a complementary survey with a greater focus on the private sector reached 51.5, its highest since May 2011.

China's fast-growing services industry has so far weathered the global slowdown much better than the factory sector, with the PMI consistently signaling healthy expansion and hitting a 10-month high of 58.0 in March.

That's partly due to a maturing economy as well as a historic shift in the last decade leading a majority of Chinese to live and work in cities rather than the countryside.

China's services sector generated 43 percent of China's GDP in 2010 and by 2011 provided nearly 36 percent of new jobs, exceeding the agricultural sector for the first time.

Beijing has acknowledged that greater consumer activity is needed to reduce the economy's reliance on the exports sector and investment-led growth.

"Expanding domestic demand will be a major stimulus for China's economic growth, and the greatest potential will come from the service sector," Xia Nong, deputy director-general of the Department of Industry under the National Development and Reform Commission, said, according to the China Daily.

Xia pledged to open the services sector to more foreign competition as well as encouraging Chinese service firms to go overseas.

Foreign investment into the service sector of $47.57 billion in the first 11 months of 2012 surpassed that directed to the manufacturing industry, which slumped by 7.1 percent, the China Daily said over the weekend, citing Ministry of Commerce data.

The growing services sector has taken up some of the slack from the property sector, which has struggled with investment and purchasing restrictions as well as a credit crunch.

Overseas company investment into China's urban transportation surged 24-fold in the first 11 months from a year ago, followed by a 12-fold rise in telecommunications and other information services, and a sevenfold increase in pipeline transportation industries, at sevenfold, the China Daily said, again citing Ministry of Commerce figures.

The sector, formerly the bastion of smaller private businesses, is now important enough to have its own five-year plan, issued in September.

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Microsoft acquires start-up id8: source

San Francisco, Jan 12 : Microsoft Corp bought start-up id8 Group R2 Studios Inc as it looks to expand further in technology focused on the home and entertainment, a person familiar with the situation said.

id8 Group R2 Studios was started in 2011 by Silicon Valley entrepreneur and investor Blake Krikorian. It recently launched a Google Android application to allow users to control home heating and lighting systems from smartphones.

Krikorian's Sling Media - which was sold to EchoStar Communications in 2007 - made the "Slingbox" for watching TV on computers.

Krikorian will join Microsoft with a small team, according to the Wall Street Journal, which reported the acquisition. Microsoft also purchased some patents owned by the start-up related to controlling electronic devices, the newspaper added.

Krikorian and a Microsoft spokesman declined to comment.

Krikorian resigned from Amazon.com Inc's board in late December after about a year and a half as a director at the company, the Internet's largest retailer.

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SunPower inks $2.5 billion deal with Buffett utility

New York, Jan 12 : SunPower Corp (SPWR.O) said it sold two solar projects in California to a company controlled by Warren Buffett's Berkshire Hathaway Inc (BRK-A), and would receive up to $2.5 billion in proceeds and related contracts.

Berkshire utility MidAmerican Energy Holdings Co will pay SunPower between $2.0 billion and $2.5 billion for the 579-megawatt (MW) Antelope Valley solar projects and for designing, installing and constructing them, the company said in a regulatory filing.

Construction of the projects, which the companies called the world's largest photovoltaic power development, will begin this quarter and is expected to be completed by the end of 2015.

The stamp of approval from a Buffett utility, combined with expected cashflow from the projects, will make SunPower more bankable and more creditworthy, its Chief Executive Tom Werner said.

"If you are a bank you are looking at us a lot differently today than you did last week," he said.

SunPower shares ended up 9 percent at $6.13 on the Nasdaq, their highest closing in about eight months.

Raymond James analyst Marshall Adkins said the monetization of the projects "does not alter the fact that SunPower retains a markedly high-cost structure and razor-thin margins in the context of a massively oversupplied market."

The projects, based in Kern and Los Angeles counties, will add to MidAmerican Energy's growing investments in clean energy.

It bought a 49 percent stake in a 290 MW solar power plant in Arizona from NRG Energy Inc (NRG) and acquired First Solar Inc's (FSLR) 550 MW Topaz Solar Farm power plant in California in late-2011.

The SunPower projects will sell power to California utility Southern California Edison under two long-term contracts.

California plans to reduce emissions of planet-warming greenhouse gases to 1990 levels by 2020, and by an additional 80 percent by 2050.

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Starbucks to open first outlet in Vietnam in early February

New York, Jan 12 : Starbucks Corp (SBUX) said it will set up its first outlet in Vietnam early next month as the U.S. chain continues to expand in fast-growing Asian markets.

Starbucks said it will partner with Hong Kong's Maxim's Group to open its first store in Ho Chi Minh City and reiterated that Asia continues to be a significant growth driver for the company.

"Vietnam is one of the most dynamic and exciting markets in the world and we are proud to add Vietnam as the 12th market across the China and Asia-Pacific region," said John Culver, president, Starbucks China and Asia Pacific.

Starbucks already buys some of the highest-quality arabica coffee from Vietnam and said it is committed to sourcing more from the region in the long-run.

Vietnam is the second-biggest coffee producer in the world after Brazil.

Starbucks operates more than 3,300 stores across 11 countries in the China and Asia-Pacific region.

Through its licensed partner, Coffee Concepts (Hong Kong) Ltd, a unit of Hong Kong's Maxim's Group, Starbucks operates more than 130 stores in Hong Kong and Macau. Last year, Starbucks opened its first store in India.

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DoubleLine launches stock management division

New York, Jan 12: DoubleLine Capital LP, the $53 billion firm run by star bond investor Jeffrey Gundlach, said it is now managing stock portfolios in a new division called DoubleLine Equity LP.

The firm, which surpassed $50 billion in bond assets last year after launching in 2009, said in a news release that it has tapped former TCW Group Inc portfolio managers Brendt Stallings and Husam Nazer to expand its stock division.

In an interview, Gundlach, DoubleLine's chief executive officer and chief investment officer, said stock mutual fund strategies suffer from a lack of new ideas.

"We think the equity business is ripe for creative thinking," he said.

Gundlach said he plans to start with one or two mutual funds that offer a strategy focusing on U.S. stocks, and quickly follow with a hedge fund whose strategy would focus on "best ideas" in international stock investing.

"We're really not prepared to do a lot of individual stock selection outside of the United States," he said.

Gundlach had hinted at the firm's move into stocks in a webcast on September 11, citing the broad disinterest in equities and their potential as a hedge against inflation.

He said that some of the stock funds he plans to offer will have a strategy that focuses on specific sectors among small and mid-cap stocks, while others will have a broader strategy that could vary widely in its stock selection.

Gundlach said DoubleLine's business plan had been to build the firm's bond management side to between $50 billion and $60 billion in assets before diversifying into areas such as stocks, a goal it has achieved.

"This is our first move to diversify. There's very likely to be one if not two more over the course of 2013," Gundlach said. He said he is seeking to reach a maximum of about $10 billion in assets within DoubleLine's equity division.

Gundlach has made pointed calls on stocks in the past, including one at the Ira Sohn investing conference in May to buy natural gas while betting on a decline in the shares of Apple Inc, the world's most valuable technology company.

Gundlach recommended trading the volatility in Apple's stock price.

"Apple's flopping around like a fish in a boat. When it has a big rally, you should probably sell it. When it goes down a lot, you should probably buy it," he said, and reiterated a call he on CNBC in November that its stock price may drop to $425 a share. Apple's stock was up 3.2 percent to $549.03 at the close of trading.

DoubleLine Total Return Bond Fund, the firm's flagship, earned a return of 9.2 percent in 2012, beating 97 percent of other U.S. mortgage-focused funds, according to Lipper. The fund, which oversees $37.1 billion, took in $19.7 billion last year, making it the most popular mutual fund by asset growth.

Pacific Investment Management Co, the world's largest bond fund manager with $1.92 trillion in assets as of September 30, 2012, began moving into equities when it launched its first actively managed stock mutual fund in 2010.

Gundlach said that his foray into stock investing could also come with a downturn in the stock market, which he said he could overcome through active management.

"There's a really good argument that you could have a major correction in the S&P 500 in 2013," he said. He cited the heavy influence of U.S. policymakers on markets.

Stallings and Nazer were previously group managing directors at TCW, the highest title for managers at the firm, where they oversaw $5 billion in assets in stock portfolios.

Gundlach founded DoubleLine after a nasty split with TCW, where he was fired as chief investment officer in December 2009. The two sued one another in 2010, but settled in December of that year without disclosing terms.

Private equity firm Carlyle Group struck a deal in August to buy a 60 percent stake in TCW from French bank Societe Generale. TCW management and employees will own the remaining 40 percent stake in the Los Angeles-based investment firm, which has $135 billion in assets.

DoubleLine, which is also based in Los Angeles, employs more than 80 people. Stallings and Nazer plan to hire at least five investment professionals this year, the news release said.

Nazer said in an interview that dividend-paying stocks in general and consumer staple stocks are particular bright spots.

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Ex-directors of Satyam win ruling in US class-action suit

New York, Jan 12 ): A US federal judge dismissed claims against seven former directors of Satyam Computer Services Ltd in shareholder lawsuits stemming from the massive fraud at the heart of India's largest corporate scandal.

U.S. District Judge Barbara Jones in New York ruled the lawsuits failed to allege that the ex-directors recklessly failed to discover the fraud, which came to be known as "India's Enron."

The lawsuits center on the revelation by Satyam's founder and former chairman, Ramalinga Raju, that what had been India's fourth-largest outsourcing firm had for several years inflated its revenue, income and cash balances by more than $1 billion.

In her decision, Jones said the allegations primarily focused on the actions of a small group of insiders, reinforcing an inference the audit committee's members "were themselves victims of the fraud."

Lawyers for the directors welcomed the decision.

"It was truly unfortunate that these directors, diligent individuals of the highest integrity, were ever named as defendants," said Irwin Warren, a lawyer for five of the seven directors involved in the case.

Gordon Atkinson, a lawyer for former board member Vinod Dham, in an email said the decision would hopefully help vindicate his client and the other outside directors, "who were themselves victims of the Satyam fraud, not perpetrators or otherwise responsible for it."

Lawyers for the plaintiffs did not respond to requests for comment.

Satyam shareholders began filing lawsuits in 2009 after the scandal broke.

In 2011 Satyam, now called Mahindra Satyam Ltd, and its auditor, PricewaterhouseCoopers, agreed to pay $125 million and $25.5 million, respectively, to settle claims filed by shareholders.

That same year, Satyam and PwC agreed to pay a combined $17.5 million to settle claims made by the U.S. Securities and Exchange Commission and Public Company Accounting Oversight Board.

The 2011 settlements did not include Satyam's former directors, who continued to litigate the case that ultimately ended in the ruling.

In her ruling, Jones also said the investors could not file claims arising from stock purchases made on the National Stock Exchange of India, citing a 2010 U.S. Supreme Court case restricting investor claims in U.S. courts involving stocks bought on overseas exchanges.

Investors had also filed claims involving Satyam American depositary shares, which were not impacted by the Supreme Court ruling.

The lead plaintiffs include Public Employees' Retirement System of Mississippi, Mineworkers' Pension Scheme, SKAGEN AS and Sampension KP Livsforsikring A/S.

Jones also dismissed claims brought by a former Satyam employee on behalf of employees who exercised stock options. The judge also voided claims on jurisdictional grounds against two companies owned by the Raju family - Maytas Infra Ltd. and Maytas Properties.

Adam Finkel, a lawyer for Maytas Properties, in an email said his clients were pleased with the decision.

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Mamoosa:‘Super Model Village’ sans basic amenities

Mamoosa, Jan 12 : This held Kashmir hamlet, just a few kms from Srinagar-Gulmarg highway, which was named as ‘Super Model Village’ by the Chief Minister Omar Abdullah, four years ago sans basic amenities.      

Mamoosa village, comprises six ‘patees’ (habitations) i.e. Babagund, Takiya, Latipora, Batpora, Parrapora and Mirpora, seems to be the most neglected village in held Kashmir.

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Bagh-e-Ali Mardan Khan reels under darkness

Srinagar, Jan 12 : The residents of Bagh-e-Ali Mardan Khan and its adjoining areas in Shaher-e-Khaas are reeling under darkness from last five days due to technical snag in a transformer there.

 A delegation from the area said the transformer developed technical snag five days ago. “The PDD authorities had assured us to repair the transformer at the earliest. Despite passing of five days, the transformer is yet to be repaired,” the delegation said.

 “In absence of power we are facing immense hardships. We had many times approached the PDD to place another transformer in the area, however our requests met with deaf ears,” they said.
 They appealed the Chief Engineer Power Development Department (PDD) to look into the matter.

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Commuters allege harassment

Qazigund, Jan 12 : Commuters traveling on 300-km Srinagar-Jammu highway alleged that Traffic policemen deployed on the highway are making “brisk money” on the pretext of doing their duty.

 Annoyed truckers and motorists while talking to Greater Kashmir said that despite highway being clear and free from any obliteration or land slip the traffic cops were unnecessarily harassing the drivers.

 The traffic authorities could easily allow two-traffic on the highway on almost all fair weather days, but, they are restricting the traffic only to “exploit the helplessness” of truckers and motorists who are compelled by personal reasons to travel on the highway, alleged a group of truckers and motorists.

 “If some one reaches Qazigund even a few minutes past 12 noon, he is not allowed to proceed further till he greases the palms of the policemen deployed there,” a section of truckers from Punjab and Haryana alleged.

 “Almost at every point on the highway traffic cops harass us. In order to avoid such harassment most of the truckers, particularly from outside JK, prefer to travel during night hours,” they added.
 Some motorists demanded stern action against the erring cops for violating norms and indulging in malpractice on the highway alleging that most of the traffic jams were engineered by the traffic cops.

 They said that these cops position themselves at blind curves to catch the unsuspecting victims and extract money from them on flimsiest grounds. The motorists demanded that the GREF authorities also need to be disciplined for their hobnobbing with the traffic cops.

 "The state government should appoint a high level team to monitor and regulate traffic on the highway during winter season which should include two Divisional Commissioners and respective Dy Commissioners to circumvent chances for the malpractices by traffic cops", commuters demanded.

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Body dysmorphic disorder patients who loathe appearance often get better, but it could take years

Islamabad, Jan 12 : In the longest-term study so far to track people with body dysmorphic disorder, a severe mental illness in which sufferers obsess over nonexistent or slight defects in their physical appearance, researchers at Brown University and Rhode Island Hospital found high rates of recovery, although recovery can take more than five years.

The results, based on following 15 sufferers of the disease over an eight-year span, appear in the current issue of the Journal of Nervous and Mental Disease.

"Compared to what we expected based on a prior longitudinal study of BDD, there was a surprisingly high recovery rate and a low recurrence rate in the present study," said Andri Bjornsson, first author of the paper and a postdoctoral research fellow in the Department of Psychiatry and Human Behavior at the Warren Alpert Medical School of Brown University. He works in the BDD program at Rhode Island Hospital, run by co-author Katharine Phillips, professor of psychiatry and human behavior.

After statistical adjustments, the recovery rate for sufferers in the study over eight years was 76 percent and the recurrence rate was 14 percent. While a few sufferers recovered within two years, only about half had recovered after five years.

The subjects were a small group diagnosed with the disorder out of hundreds of people participating in the Harvard/Brown Anxiety Research Project (HARP). Study co-author Martin Keller, professor of psychiatry and human behavior and principal investigator of the HARP research program which has been ongoing for more than 20 years, said that because the BDD sufferers were identified through this broader anxiety study, rather than being recruited specifically because they had been diagnosed with BDD, they generally had more subtle cases of the disorder than people in other BDD studies. In comparing the HARP study with the prior longitudinal study of BDD, it is possible that the high recovery rate in the HARP study is due to participants having less severe BDD on average.

In fact, despite the sometimes-debilitating nature of the disorder, a third of those in this study were working full-time.

Acknowledging that many doctors are unfamiliar with BDD or may even be skeptical about the disorder, Keller said doctors should consider the light that these findings shed on the clinical progress of the illness.

"We want to make people aware of BDD -- aware that it exists and that it's a real mental illness," said Keller. "These people should be assessed very carefully and steered toward treatment very quickly."

In addition to Bjornsson, Phillips and Keller, other authors include Ingrid Dyck, Ethan Moitra, Robert L. Stout, and Risa B. Weisberg.

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Bottle rockets can cause serious eye injuries in children

Islamabad, Jan 12: Bottle rockets can cause significant eye injuries in children, often leading to permanent loss of vision, according to a report posted online that will appear in the May print issue of Archives of Ophthalmology, one of the JAMA/Archives journals.

Of the estimated 9,200 emergency department admissions resulting from fireworks-related injuries each year, about 1,400 cases involve the eyes, according to background information in the article.

A disproportionate number of these injuries are caused by bottle rockets. Bottle rockets are about half the size of a normal firework and consist of three main parts: an explosive-filled core, a nose cone that guides the fireworks' flight and a guide stick, which stabilizes the rocket.

"Injuries may result from direct high-velocity contact with the intact rocket, from parts of the rocket that may break off during flight or from neighboring debris propelled by the force of the rockets' combustion," the authors write.

Mehnaz Kahn, M.S., and colleagues at Vanderbilt University Medical Center, Nashville, report on 11 eyes in 10 patients (eight boys and two girls) age 18 or younger who were seen for eye injuries caused by bottle rockets between 2006 and 2009. Eight of the 10 patients were injured within a month of July 4; eight were launching bottle rockets at the time of injury and two were bystanders. None were using protective eyewear at the time.

Of these, injuries included defects in the epithelium lining the cornea (seven eyes), bleeding in the front of the eye (six eyes), traumatic inflammation of the iris (two eyes), iridodialysis or a tear of the iris (four eyes), cataract (four eyes), retinal dialysis or a type of retinal tear (one eye) and bleeding into the eye's vitreous fluid (two eyes).

Eight of the eyes required initial treatments such as surgical removal of the lens or corneal debridement (removal of damaged corneal tissue). Three patients required additional procedures, including muscle surgery and placement of a new lens.

Of the 10 eyes with follow-up, the most recent visual acuity was 20/30 or better in four eyes and 20/200 or worse in six eyes. Permanent visual impairment was usually due to traumatic maculopathy, or damage to the part of the retina responsible for central vision.

"This study demonstrates that bottle rockets can cause significant ocular injury in children and adolescents and, in turn, cause their parents and themselves to incur expenses through emergency department visits, surgical interventions and days missed from school and work," the authors conclude. "If children, adolescents and parents choose to launch bottle rockets, it is important for parents not only to supervise children and adolescents in the vicinity of bottle rockets but also to ensure that protective eyewear is being used."
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Researchers inch closer to unlocking potential of synthetic blood

Islamabad, Jan 12: A team of scientists has created particles that closely mirror some of the key properties of red blood cells, potentially helping pave the way for the development of synthetic blood.

The new discovery -- outlined in a study appearing in the online Early Edition of the Proceedings of the National Academy of Sciences during the week of Jan. 10, 2011 -- also could lead to more effective treatments for life threatening medical conditions such as cancer.

University of North Carolina at Chapel Hill researchers used technology known as PRINT (Particle Replication in Non-wetting Templates) to produce very soft hydrogel particles that mimic the size, shape and flexibility of red blood cells, allowing the particles to circulate in the body for extended periods of time.

Tests of the particles' ability to perform functions such as transporting oxygen or carrying therapeutic drugs have not been conducted, and they do not remain in the cardiovascular system as long as real red blood cells.

However, the researchers believe the findings -- especially regarding flexibility -- are significant because red blood cells naturally deform in order to pass through microscopic pores in organs and narrow blood vessels. Over their 120-day lifespan, real cells gradually become stiffer and eventually are filtered out of circulation when they can no longer deform enough to pass through pores in the spleen. To date, attempts to create effective red blood cell mimics have been limited because the particles tend to be quickly filtered out of circulation due to their inflexibility.

Beyond moving closer to producing fully synthetic blood, the findings could affect approaches to treating cancer. Cancer cells are softer than healthy cells, enabling them to lodge in different places in the body, leading to the disease's spread. Particles loaded with cancer-fighting medicines that can remain in circulation longer may open the door to more aggressive treatment approaches.

"Creating particles for extended circulation in the blood stream has been a significant challenge in the development of drug delivery systems from the beginning," said Joseph DeSimone, Ph.D., the study's co-lead investigator, Chancellor's Eminent Professor of Chemistry in UNC's College of Arts and Sciences, a member of UNC's Lineberger Comprehensive Cancer Center and William R. Kenan Jr. Distinguished Professor of Chemical Engineering at N.C. State University. "Although we will have to consider particle deformability along with other parameters when we study the behavior of particles in the human body, we believe this study represents a real game changer for the future of nanomedicine."

Chad Mirkin, Ph.D., George B. Rathmann Professor of Chemistry at Northwestern University, said the ability to mimic the natural processes of a body for medicinal purposes has been a long-standing but evasive goal for researchers. "These findings are significant since the ability to reproducibly synthesize micron-scale particles with tunable deformability that can move through the body unrestricted as do red blood cells, opens the door to a new frontier in treating disease," said Mirkin, who also is a member of President Obama's Council of Advisors on Science and Technology and director of Northwestern's International Institute for Nanotechnology.

UNC researchers designed the hydrogel material for the study to make particles of varying stiffness. Then, using PRINT technology -- a technique invented in DeSimone's lab to produce nanoparticles with control over size, shape and chemistry -- they created molds, which were filled with the hydrogel solution and processed to produce thousands of red blood cell-like discs, each a mere 6 micrometers in diameter.

The team then tested the particles to determine their ability to circulate in the body without being filtered out by various organs. When tested in mice, the more flexible particles lasted 30 times longer than stiffer ones: the least flexible particles disappeared from circulation with a half-life of 2.88 hours, compared to 93.29 hours for the most flexible ones. Stiffness also influenced where particles eventually ended up: more rigid particles tended to lodge in the lungs, but the more flexible particles did not; instead, they were removed by the spleen, the organ that typically removes old real red blood cells.

The study was led by Timothy Merkel, a graduate student in DeSimone's lab, and DeSimone. The research was made possible through a federal American Recovery and Reinvestment Act stimulus grant provided by the National Heart, Lung and Blood Institute, part of the National Institutes of Health (NIH). Support was also provided by the National Science Foundation, the Carolina Center for Cancer Nanotechnology Excellence, the NIH Pioneer Award Program and Liquidia Technologies, a privately held nanotechnology company developing vaccines and therapeutics based on the PRINT particle technology. DeSimone co-founded the company, which holds an exclusive license to the PRINT technology from UNC.

Other UNC student, faculty and staff researchers who contributed to the study are Kevin P. Herlihy and Farrell R. Kersey from the chemistry department; Mary Napier and J. Christopher Luft from the Carolina Center for Cancer Nanotechnology Excellence; Andrew Z. Wang from the Lineberger Center; Adam R. Shields from the physics department; Huali Wu and William C. Zamboni from the Institute for Pharmacogenomics and Individualized Therapy at the Eshelman School of Pharmacy; and James E. Bear and Stephen W. Jones from the cell and developmental biology department in the School of Medicine.

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Afghan-US company to build oil refinery in northern Afghanistan

Kabul, Jan 12 : An oil refinery with an investment of $700 million will be constructed in northern Afghanistan by a joint US-Afghan company, Afghanistan Investment Support Agency (AISA) said.

The American company, AFM Co., will help establish the facility capable of refining 60,000 barrels of oil a day when the plant opens in 2016, AISA officials said.

"Following the commencement of this company's work in Afghanistan, there will be no need to ship crude oil abroad," said Wafiullah Eftekhar, head of AISA.

The oil refinery news comes as Afghanistan Industries Union officials welcomed a 40 percent increase in tariffs on imported fruit juice to help domestic producers.

"We are optimistic towards these commitments of the government. This act will encourage [domestic] investments in the country," Shirbaz Kaminzada, Head of Afghanistan Industries Union.

The Union also asked the government to follow through on its promise to support all industrial sectors across the country.

AISA said that more industrial parks will be established in different provinces of country.

But they also demanded that the government move the military bases from the vicinity of the Pul-e-Charkhi industrial park because they pose security risks to factories.

An Afghan juice company suffered a $10 million loss after a suicide attack on a foreign military contractor located nearby.

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Out with the troops, in with the Afghan investment?

Kabul, Jan 12 : Foreign forces are preparing to leave the country, capital is fleeing, and it's the Afghan government's job to stop it.

To meet its objective, the Afghan Finance Ministry has drafted a package of incentives to assure companies and individual that their investments in Afghanistan will be safe after the expected withdrawal of Western troops in 2014.

Outlined in a bill facing a parliamentary vote in February, the incentives would reward those who invest in the country over the next two years with significant tax breaks and the right to purchase land for a symbolic price.

Najibullah Manalai, an adviser to Finance Minister Omar Zakhilwal, says the manufacturing, mining, and agricultural sectors would be the most likely areas of investment.

According to the Afghan National Bank, at least $4.6 billion has been taken out of Afghanistan in the past year, a development that has been attributed to fears over increased insecurity and corruption after the 2014 pullout.

Manalai downplays the impact the NATO withdrawal will have on the Afghan economy, but he acknowledges the incentive package is intended to "minimize such economic effects."

"We don't think there would be a major economic impact, but we are concerned about such speculation in the mass media," he says. "Such speculation could easily lead to economic downturn. So our aim is to counter such speculation and also to attract investors to Afghanistan over the next two years, which is a sensitive period."

Attractive Incentives

According to Finance Ministry spokesman Wahid Tawhidi, the goal is to entice entities willing to invest at least $1 million each into the country's ailing economy.

"Investors will be exempt from tax and customs duties for the next 10 years," Tawhidi says.

The spokesman says that companies would be given land effectively free of charge and electricity would be made available at a fraction of the current rates.

"In addition, if some companies are willing to invest but don't have enough money, we would help them to borrow the money from two state-owned banks -- the National Bank and the Pashtani Tujarati Bank," Tawhidi says. "Five hundred million dollars would be allocated for this purpose. We would enable them to borrow the money with low tax and low interest rates and to invest it in the Afghan economy."

While the incentives are looked upon as a potential boon to government coffers, not everyone shares the Finance Ministry's optimism that they can win over investors.

"Afghanistan has two major problems that scare away investors, and they are corruption and a lack of security," says Azarakhsh Hafizi of the Afghan Chamber of Commerce and Industries.

Afghanistan ranks among the three most-corrupt countries in the world in Transparency International's Corruption Perceptions Index.

"When investors have to bribe to operate and have to pay for additional security measures because of the constant attacks and kidnappings, it costs them more money to stay here," Hafizi says.

The Afghan government has had trouble providing security even for some of its most high-profile foreign investors.

Earlier this year, a group of Chinese miners left Afghanistan after militants attacked the Aynak copper mine in eastern Logar Province. The deal to lease the mine to the China Metallurgical Group for 30 years was the country's biggest private business venture when it was agreed in 2007.

The government has high hopes for similar investments in Afghanistan's lucrative energy and mineral sectors. The country boasts significant copper, iron, gold, and oil and gas reserves. Manalai notes that the goal is for revenue generated from investment in these areas to eventually "provide half of the country's gross domestic product."

Nasiruddin Shansab, the head of the U.S.-based Afghanistan-Central Asia Transnational Company LLC, says Afghanistan's natural resources and its geographical location offer great investment potential.

However, "in the climate of constant security threats and notoriously widespread culture of bribery," Afghanistan isn't going to see major Western companies rushing to invest there anytime soon, says the Afghan-born businessman.

"Tax breaks and other incentives for investors exist everywhere," Shansab says. "Afghanistan should know that it is competing with the rest of world to get investors."

Afghan officials insist they have been addressing the corruption issues. As a part of the campaign against corruption, the country has introduced so-called merit-based hiring tests to employ managers to government agencies. Several district governors and deputy provincial governors have recently been appointed after passing such tests, scrutinized by independent monitors.

The Afghan Chamber of Commerce and Industries' Hafizi says the country still has a long way to go to eliminate corruption. "But I wouldn't say it's an impossible task," he says.

As for the lack of security, Hafizi believes many investors will still stay and watch what happens beyond 2014.

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Afghans angry at US soldiers who drove away in the night leaving rent unpaid

Kabul, Jan 12 : US forces left behind piles of equipment, an unpaid rent bill and a festering land dispute that threatens to undermine the Afghan government when they moved out of a volatile corner of eastern Kunar province this year, local officials and their former landlords say.

The only clue that a base that dominated Pashengar village for years had been abandoned for good was the midnight rumble of a convoy of trucks. In the morning, locals found guards gone, buildings blown up and, scattered around what had been a forbidding military encampment, piles of detritus from years of western living in a remote, mountainous valley.

Rows of air conditioning units stuck out of a damaged wall, a giant, dilapidated generator was marooned near shipping containers and twisted, dented vehicles remained. But there was no sign of a cheque for a landlord who said years of rent, running to hundreds of thousands of dollars, was owing to him.

"They stayed six years and only paid rent for one year," said Haji Najibullah Khan, who grew up in the Pashengar house that became a US base. He said the departing US commander warned him off pushing for rent money when they met a few weeks before the soldiers drove away in the night.

A few kilometres down the road, in the centre of Naray district, the US departure was neater, with a joint base handed over to full Afghan army control. But, even here, there is anger because the base was built on a muddle of small plots shared out among 90 families from the area.

They are also claiming that years of back rent is owed by the Americans and are worried they may never see their land again now Afghan government troops are firmly entrenched. The simmering dispute threatens to undermine loyalty to troops ostensibly sent to protect the area.

Gul Rahman, the district governor, has attempted to mediate but with little success. "I met the Afghan National Army (ANA) with the elders. Now the army are staying, the people are very angry and asking for the payments they are owed, but no one is listening to them."

Land is one of the most sensitive issues in Afghanistan. During 30 years of war, many legal documents have been destroyed, landowners and their families have been killed or become refugees, and people have settled on to land to which they have no legal claim.

Haji Usman, headmaster of the Naray boys' high school and owner of about two hectares of land that is now part of the base, led a delegation to Kabul that lobbied successfully for an official investigation and recognition of the villagers' claim to the land. The army is ignoring that finding at its own risk, he said.

"The people are very angry that the ANA are not leaving," Usman said. "I don't think most people who have had their land taken would be willing to join the Taliban; this is a village under government control. But there are maybe a few, who live in more remote houses, who will join if this issue is not resolved."

Rahman, the district governor, said security problems had kept him from visiting Pashengar, but he had been looking into Khan's situation and believed a sale of the military detritus could help pay some of the rent.

"I didn't visit the house but I asked some people about it, so I know that some containers, vehicles and generators were left behind. Some were destroyed but some were OK," he told the Guardian by phone from his heavily guarded offices in Naray. "This equipment left by the Americans could make up perhaps half the rent of Haji Najibullah, or at least a quarter."

But Khan said it was mostly worthless in an area of subsistence farmers. "I can't sell any of the equipment because it is not stuff that people in the district use. I just leave it in my yard, because it's quite worthless to me."

Afghanistan's landscape is littered with rusting Soviet tanks and other military junk, a constant reminder of the Soviets' troubled decade in the country, but since 2001, foreign forces have gone to great lengths to leave no trace.

To abandon even non-military equipment is unusual and perhaps a sign of the challenges facing Naray, which lies at Kunar's northern tip. Poor and isolated, it is a place where insurgents can slip easily across the border from Pakistan or down from lawless Nuristan province, where an insurgent vice-and-virtue police holds sway in some villages.

A spokesman for the Afghan army would not comment on the situation in Naray, and the Kunar provincial governor, Fazlullah Wahedi, said he had not heard about the land disputes there.

The Nato-led International Security Assistance Force declined to comment on the situation at either base. "As a matter of policy, Isaf does not publicly discuss information pertaining to potential or pending claims," said spokesman Charlie Stadtlander.

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Son of LA Clippers owner found dead in Malibu

Los Angeles, Jan 12  : The son of Los Angeles Clippers owner Donald Sterling was found dead of an apparent drug overdose at his Malibu home, authorities said.

The body of 32-year-old Scott Ashley Sterling was found, Los Angeles County coroner's Lt. Larry Dietz said.

The 77-year-old Donald Sterling, a billionaire real estate mogul who purchased the team in 1981, and wife Shelley released a statement thanking friends for sympathy, asking for privacy and saying their son was diabetic, but did not indicate what role, if any, that may have played in his death.

"Our son Scott has fought a long and valiant battle against Type 1 Diabetes," the statement said. "His death is a terrible tragedy, the effects of which will be felt forever by our family and all those who knew and loved him."

The death cast a pall on what has been a joyous season for the Clippers, normally an NBA doormat but now among the league's best teams. The team is in first place in its division and had a franchise-record 17-game winning streak that was snapped.

"All our thoughts and prayers go out to the Sterling family," coach Vinny Del Negro said. "Tough day for everybody in the Clippers' organization, but just thinking about Mr. and Mrs. Sterling with their loss. That's first and foremost on everybody's mind today when we had our meeting this morning. Not an easy situation. I just hope they know that we're thinking about them and that the team is, and we'll be back soon. Things like this put things in perspective real quick. I know a lot of good thoughts and prayers are in that locker room with them tonight. That's the first and foremost thing."

Team President Andy Roeser issued a statement saying "Scott was a friend to many in the Clippers' family and he will be greatly missed."

NBA Commissioner David Stern also expressed sympathies to the Sterlings.

"On behalf of the NBA family, we extend our deepest and most heartfelt condolences to Donald and Shelly Sterling on the loss of their son, Scott," Stern said.

The death at a beachfront apartment building on Pacific Coast Highway was discovered after a friend of Scott Sterling called police after not hearing from him for several days, according to a statement from the Los Angeles County Sheriff's Department. Deputies found the body and paramedics pronounced him dead at the scene.

"Sheriff's homicide and Los Angeles County coroner's personnel at this time believe that Sterling died of an apparent drug overdose," the statement said.

Dietz said the death appeared to be accidental, but an autopsy was planned to determine the exact cause of death.

In 1999, the then-19-year-old Sterling was arrested for shooting his friend with a shotgun. Beverly Hills police said Philip Scheid was shot in the legs during an argument at Donald Sterling's mansion.

Scheid said he was shot from behind while running away. Sterling said he fired in self-defense after Scheid approached him with a knife. The county district attorney's office declined to file criminal charges, citing credibility problems with the victim.

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Sandy Hook kids head to school for first time since attack

Newtown, Jan 12: Hundreds of the children who escaped the harrowing attack on their elementary school in Newtown, Connecticut, last month head back to classes for the first time since a gunman killed 20 of their schoolmates and six staff members.

School officials are preparing for droves of anxious parents to join the fleet of buses carting children to a disused middle school in the neighboring town of Monroe. Chalk Hill Middle School, closed about a year and half ago, has been hastily refurbished in the three weeks since the December 14 attack and renamed Sandy Hook Elementary School.

With their children's safety foremost on parents' and officials' minds in the wake of the second-deadliest school shooting in U.S. history, the school has been outfitted with a new security system. Monroe Police Department officers will patrol the grounds, and all outside doorways and sidewalks will be under surveillance.

"I think right now we have to make this the safest school in America," Monroe Police Lieutenant Keith White said at a press conference.

Parents wishing to remain with their kids, ages 5 to 10 in kindergarten through grade 4, will be allowed to accompany them to their classrooms and afterwards may stay in the school's "lecture room" for as long as they like, according to a memo to parents on the school's website. Counseling will be available for students and parents at the new school, about 7 miles south of the scene of the shooting.

"I'm not sure I'm ready yet to totally let them go," Sandy Hook parent Sarah Swansiger said on CNN about her trepidation over the return to school.

When the students return, they will find all of the belongings they left behind when teachers and police evacuated them from Sandy Hook nearly three weeks ago after Adam Lanza burst through the school doors and opened fire.

They will be welcomed to a building that has been decked out as a "Winter Wonderland" with the help of thousands of kids from around the world.

"This does not look like the other elementary school," Newtown School Superintendent Janet Robinson said emphatically.

In the meantime, no new details have emerged to explain why the 20-year-old Lanza, armed with a semi-automatic assault rifle, two other firearms and hundreds of rounds of ammunition, targeted the school.

Described by family friends as having Asperger's syndrome, a form of autism, Lanza shot and killed his mother, Nancy Lanza, at their home about 5 miles from the school before driving to Sandy Hook and embarking on the massacre, police said. He then took his own life as police were arriving at the school, which had an enrollment of 456.

Police have offered no firm motive for the attack, and state police investigators have said it could be months before they finish their report.

The massacre in Newtown, a rural New England town of 27,000 residents about 70 miles northeast of New York City, stunned the nation, prompting President Barack Obama to call it the worst day of his presidency and reigniting an extensive debate on gun control. Obama has tasked Vice President Joe Biden with assembling a package of gun-control proposals to submit to Congress in the next several weeks.

The National Rifle Association, the most powerful gun-rights lobby in the United States, has rebuffed calls for more stringent firearms restrictions and instead called for armed guards to patrol every public school in the country.

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Fla. man pleads guilty in NY in dinosaur dispute

New York, Jan 12 : A Florida fossils dealer pleaded guilty to smuggling charges and agreed to give up a celebrated $1 million dinosaur skeleton seized by the U.S. government earlier this year for its eventual return to Mongolia.

Eric Prokopi, 38, said he would surrender the 70 million-year-old Tyrannosaurus bataar skeleton known as "Ty" and give up any claims to six other dinosaurs and various other bones in a cooperation deal that might win him leniency from charges that carry a potential prison sentence of up to 17 years.

Assistant U.S. Attorney Martin S. Bell read a list of the dinosaurs to Magistrate Judge Ronald L. Ellis, saying a second substantially complete Tyrannosaurus skeleton was found at Prokopi's Gainesville, Fla., home, while a third was believed to be in Great Britain.

Bell said the government will also get to keep a Chinese flying dinosaur that Prokopi illegally imported; a skeleton of a Saurolophus, a duckbilled, plant eating dinosaur from the late Cretaceous period; and two Oviraptor skeletons, one found at Prokopi's home and the other at another residential dwelling in Florida. The Oviraptors have parrot-like skulls.

"It's among the larger dinosaur shopping lists you'll see today," Bell told the magistrate judge.

In a release, U.S. Attorney Preet Bharara said: "Fossils and ancient skeletal remains are part of the fabric of a country's natural history and cultural heritage, and black marketers like Prokopi who illegally export and sell these wonders, steal a slice of that history. We are pleased that we can now begin the process of returning these prehistoric fossils to their countries of origin."

The government accused Prokopi of smuggling bones into the country illegally from Mongolia before assembling them into a skeleton that was sold by Dallas-based Heritage Auctions for $1.05 million, a deal that was suspended pending the outcome of litigation. The government said the dinosaur skeleton was mislabeled as reptile bones from Great Britain.

Prokopi remains free on bail pending a sentencing scheduled for April 25. After his plea, he immediately went with prosecutors to their offices without commenting.

In a statement last spring, Prokopi defended his handling of the dinosaur, saying the value of the bones was labeled much lower than the eventual auction price because "it was loose, mostly broken bones and rocks with embedded bones. It was not what you see today, a virtually complete, mounted skeleton."

Prokopi pleaded guilty to conspiracy for importing the Chinese flying dinosaur, entry by goods by means of false statements for importing Mongolian dinosaurs and one count of interstate and foreign transportation of goods converted and taken by fraud.

In describing his crimes, Prokopi said he wrote an email to a fossils dealer in China in 2010, instructing him to mislabel customs documents to make it appear that the bones of a Chinese flying dinosaur were worth less than they were.

He said that from 2010 to 2012, he arranged for shipments of fossils from Mongolia to be described in customs documents as if their country of origin were Great Britain.

The magistrate judge asked Prokopi if the country of origin on the documents was an important fact.

"Well, apparently," Prokopi said, prompting a brief discussion between the prosecutor and Prokopi's defense lawyer.

Afterward, Prokopi said the labeling of the relics was purposefully "vague and misleading so that they didn't bring attention to the shipment."

The magistrate judge asked him what would have happened if he had labeled them accurately.

"Probably nothing," Prokopi said, pausing and then adding, "or it may not have been allowed to be imported."

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