Taliban kill 10 foreign climbers, Pakistani guide

ISLAMABAD (AP) ? Islamic militants disguised as policemen killed 10 foreign climbers and a Pakistani guide in a brazen overnight raid against their campsite at the base of one of the world's tallest mountains in northern Pakistan, officials said.

The Pakistani Taliban claimed it carried out the attack at Nanga Parbat to avenge the death of their deputy leader in a U.S. drone strike last month.

The area has largely been peaceful, hundreds of kilometers (miles) from the Taliban's major sanctuaries along the Afghan border. But the militant group, which has been waging a bloody insurgency against the government for years, has shown it has the ability to strike almost anywhere in the country.

The Taliban began their attack by abducting two local guides to take them to the remote base camp in Gilgit-Baltisan, said Interior Minister Chaudhry Nisar Ali Khan. One guide was killed, and the other has been detained for questioning. The attackers disguised themselves by wearing uniforms used by the Gilgit Scouts, a paramilitary force that patrols the area, Khan said.

Around 15 gunmen attacked the camp at around 11 p.m. Saturday, said the Alpine Club of Pakistan, which spoke with the surviving guide, Sawal Faqir. They began by beating the mountaineers and taking away any mobile and satellite phones they could find, as well as everyone's money, said the club in a statement.

Some climbers and guides were able to run away, but those that weren't were shot dead, said the club. Faqir was able to hide a satellite phone and eventually used it to notify authorities of the attack.

Attaur Rehman, the home secretary in Gilgit-Baltistan, said 10 foreigners and one Pakistani were killed in the attack. The dead foreigners included three Ukrainians, two Slovakians, two Chinese, one Lithuanian, one Nepalese and one Chinese-American, according to Rehman and tour operators who were working with the climbers. Matt Boland, the acting spokesman at the U.S. Embassy in Islamabad, confirmed that an American citizen was among the dead, but could not say whether it was a dual Chinese national.

The shooting ? one of the worst attacks on foreigners in Pakistan in recent years ? occurred in a stunning part of the country that has seen little violence against tourists, although it has experienced attacks by radical Sunni Muslims on minority Shiites in recent years.

Pakistani Taliban spokesman Ahsanullah Ahsan claimed responsibility for the attack, saying their Jundul Hafsa faction carried out the shooting as retaliation for the death of the Taliban's deputy leader, Waliur Rehman, in a U.S. drone attack on May 29.

"By killing foreigners, we wanted to give a message to the world to play their role in bringing an end to the drone attacks," Ahsan told The Associated Press by telephone from an undisclosed location.

The U.S. insists the CIA strikes primarily kill al-Qaida and other militants who threaten the West as well as efforts to stabilize neighboring Afghanistan. In a recent speech, President Barack Obama outlined tighter restrictions on the highly secretive program.

Pakistani Prime Minister Nawaz Sharif, who wants to pursue peace talks with militants threatening his country, has insisted the U.S. stop the drone strikes, saying they violate Pakistan's sovereignty and are counterproductive because they often kill innocent civilians and stoke anti-U.S. sentiment in this nation of 180 million people.

Sharif responded to the attack on the camp by vowing "such acts of cruelty and inhumanity would not be tolerated and every effort would be made to make Pakistan a safe place for tourists."

Officials expressed fear the attack would deal a serious blow to Pakistan's tourism industry, already struggling because of the high level of violence in the country.

The interior minister promised to take all measures to ensure the safety of tourists as he addressed the National Assembly, which passed a resolution condemning the attack.

"A lot of tourists come to this area in the summer, and our local people work to earn money from these people," said Syed Mehdi Shah, the chief minister of Gilgit-Baltistan. "This will not only affect our area, but will adversely affect all of Pakistan."

He said the base camp was cordoned off by police and paramilitary soldiers after the attack, and a military helicopter searched the area.

Volodymyr Lakomov, the Ukrainian ambassador to Pakistan, also condemned the attack and said, "We hope Pakistani authorities will do their best to find the culprits of this crime."

Many foreign tourists stay away from Pakistan because of the country's reputation as being a dangerous place. But a relatively small number of intrepid foreigners visit Gilgit-Baltistan during the summer to marvel at the towering peaks in the Himalayan and Karakoram ranges, including K2, the second-highest mountain in the world.

A few try to climb them. The world's ninth-highest mountain, Nanga Parbat is 8,126 meters (26,660 feet) tall and is notoriously difficult to summit. It is known as the "killer mountain" because of numerous mountaineering deaths in the past.

Pakistan has very close ties with neighboring China and is sensitive to any issue that could harm the relationship. Pakistani officials have reached out to representatives from China and Ukraine to convey their sympathies, the Foreign Ministry said.

The government suspended the chief secretary and top police chief in Gilgit-Baltistan following the attack and ordered an inquiry into the incident, said Khan, the interior minister.

The shooting was one of the worst attacks on foreigners in Pakistan in the last decade. A suicide attack outside a hotel in the southern city of Karachi killed 11 French engineers in 2002. In 2009, gunmen attacked the Sri Lankan cricket team in the eastern city of Lahore, killing six Pakistani policemen, a driver and wounding several players.

___

Associated Press writer Rasool Dawar contributed to this report from Peshawar, Pakistan.

Source: http://news.yahoo.com/taliban-kill-10-foreign-climbers-pakistani-guide-003952483.html

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Snowden heads to Venezuela via Moscow, Havana: airline source

MOSCOW (Reuters) - Former U.S. National Security Agency contractor Edward Snowden will fly from Moscow to Cuba on Monday and then plans to go to Venezuela, a source at the Russian airline Aeroflot said on Sunday.

The source said Snowden was already on his way to Moscow from Hong Kong and would leave for Havana within 24 hours.

The South China Morning Post also reported that Snowden had left Hong Kong for Moscow and that his final destination might be Ecuador or Iceland. The WikiLeaks anti-secrecy website said Snowden was heading for an unnamed "democratic nation".

The flight to Moscow prompted speculation that Snowden might remain in Russia, whose leaders accuse the United States of double standards on democracy and have championed public figures who challenge Western governments.

But Putin's spokesman, Dmitry Peskov, said he was unaware of Snowden's plans and the Foreign Ministry declined immediate comment on whether he had asked for asylum.

State-run news agency RIA cited an unnamed law enforcement official as saying Russian authorities had "no claims" against Snowden and that there were no orders to detain him.

Interfax news agency cited an unnamed source as saying Snowden apparently did not have a Russian visa, which U.S. citizens need to enter Russia, and that he might not leave the transit area of Moscow's Sheremetyevo airport.

(Reporting by Lidia Kelly, Gleb Stolyarov and Alexei Anishchuk,; Writing by Steve Gutterman, Editing by Timothy Heritage)

Source: http://news.yahoo.com/snowden-fly-venezuela-via-cuba-russia-airline-source-122956797.html

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Blackberry releases Secure Work Space for iOS and Android

Paranoid corporate types living in fear of bring-your-own-device employees can soon relax: BlackBerry has just launched its Secure Work Space app, right on schedule. It'll allow organizations to manage and secure Google and Apple devices through BlackBerry Enterprise Service (BES) 10, which forms the mobile backbone of many a company's internal network. By using it, personnel without BlackBerry devices like the Z10 or Q10 will gain a way to check their company's calendars, email and organizers without fear of snooping. At the same time, IT types will be able to securely see, manage and update all Android and Apple devices network-wide. For its part, the Waterloo outfit should gain another source of revenue through the software (which consists of a suite of apps and BES 10.1 update), even with companies that haven't invested in its devices. For more info about the software or to grab a trial, check the source.

Filed under: Cellphones, Software, Mobile, Blackberry

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Can you live in America just buying 'made in the USA'?

Top Line

After a manufacturing plant closed down in his hometown of Ravenswood, W.Va., resulting in 650 people losing their jobs, Josh Miller began to wonder what was really made in America anymore.

He decided to set out on a 30-day road trip across the United States in search of answers for how to revive American manufacturing - all the while trying to survive on only goods and products stamped with ?Made in USA.?

?I really thought that I could take this opportunity to give the Made in America movement and these folks a voice,? said Miller, who documented his trip in a film, ?Made in the USA: The 30 Day Journey.?

Miller told Top Line that the Made in America movement isn?t so much about trying to get people to buy only American-made products that might be more expensive than foreign-made ones, but it?s about finding solutions to lower the prices of American-made products.

?I think there are a lot of policies that we can push to help allow our businesses here in America to help reduce costs and lower the prices,? Miller said. ?We need to put policies in place that allow us to outcompete the world, and that's what this film was about.?

While Miller hopes that Congress and the president will act to help American businesses become more competitive, his producer, Ron Newcomb, added that they also want to see less government regulation.

?They need to also get out of the way, if you will, and let Americans to do what they do best, thrive in a business environment,? Newcomb said, referring to the federal government.

But perhaps the most effective and immediate solution to create more manufacturing jobs in the United States, Miller and Newcomb said, is for the American consumer to demand it.

??It's a business aspect too,? Miller said. ?If the consumers create that demand, the businesses will meet that demand. Request it, demand it, and it will come back and jobs will come back.?

For more of the interview with Miller and Newcomb, and to hear how they say you can live by the principles of the Made in America movement without being a purist, check out this episode of Top Line.

ABC's Eric Wray, Freda Kahen Kashi, Chris Carlson, Tom D?Annibale, and Bob Bramson contributed to this episode.

Source: http://news.yahoo.com/blogs/power-players-abc-news/made-usa-journey-behind-label-112854639.html

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Twinkies To Return To Shelves July 15, Hostess Says

NEW YORK ? Hostess is betting on a sweet comeback for Twinkies when they return to shelves next month.

The company that went bankrupt after an acrimonious fight with its unionized workers last year is back up and running under new owners and a leaner structure. It says it plans to have Twinkies and other snack cakes back on shelves starting July 15.

Based on the outpouring of nostalgia sparked by its demise, Hostess is expecting a blockbuster return next month for Twinkies and other sugary treats, such as CupCakes and Donettes. The company says the cakes will taste the same but that the boxes will now bare the tag line "The Sweetest Comeback In The History Of Ever."

"A lot of impostor products have come to the market while Hostess has been off the shelves," says Daren Metropoulos, a principal of the investment firm Metropoulos & Co., which teamed up with Apollo Global Management to buy a variety of Hostess snacks.

Hostess Brands Inc. was struggling for years before it filed for Chapter 11 bankruptcy reorganization in early 2012. Workers blamed the troubles on years of mismanagement, as well as a failure of executives to invest in brands to keep up with changing tastes. The company said it was weighed down by higher pension and medical costs than its competitors, whose employees weren't unionized.

To steer it through its bankruptcy reorganization, Hostess hired restructuring expert Greg Rayburn as its CEO. But Rayburn ultimately failed to reach a contract agreement with its second largest union. In November, he blamed striking workers for crippling the company's ability to maintain normal production and announced that Hostess would liquidate.

The shuttering triggered a rush on Hostess snack cakes, with stores selling out of the most popular brands within hours.

About 15,000 unionized workers lost their jobs in the aftermath.

In unwinding its business, Hostess sold off its brands in chunks to different buyers. Its major bread brands including Wonder were sold to Flowers Foods, which makes Tastykakes. McKee Foods, which makes Little Debbie snack cakes, snapped up Drake's Cake, which includes Devil Dogs and Yodels.

Metropoulos & Co. and Apollo bought Twinkies and other Hostess cakes for $410 million.

Apollo Global Management, founded by Leon Black, is known for buying troubled brands then selling them for a profit; its investments include fast-food chains Carl's Jr. and Hardee's. Metropoulos & Co., which has revamped then sold off brands including Chef Boyardee and Bumble Bee, also owns Pabst Brewing Co.

That could mean some cross-promotional marketing is in store.

"There is certainly a natural association with the two," Metropoulos said. "There could be some opportunities for them to seen together."

The trimmed-down Hostess Brands LLC has a far less costly operating structure than the predecessor company. Some of the previous workers were hired back, but they're no longer unionized.

Hostess will also now deliver to warehouses that supply retailers, rather than delivering directly to stores, said Rich Seban, the president of Hostess who previously served as chief operating officer. That will greatly expand its reach, letting it deliver to dollar stores and nearly all convenience stores in the U.S.

Previously, he said Hostess was only able to reach about a third of the country's 150,000 convenience stores.

Production was also consolidated, from 11 bakery plants to four ? one each in Georgia, Kansas, Illinois and Indiana. The headquarters were moved from Texas to Kansas City, Mo., where Hostess was previously based and still had some accounting offices.

In the months since they vanished from shelves, the cakes have been getting a few touchups as well. For the CupCakes, the company is now using dark cocoa instead of milk chocolate to give them a richer, darker appearance.

Seban stressed that the changes were to improve the cakes, not to cut costs. Prices for the cakes will remain the same; a box of 10 Twinkies will cost $3.99.

Looking ahead, Seban sees Hostess expanding its product lineup. He noted that Hostess cakes are known for three basic textures: the spongy cake, the creamy filling and the thicker icing. But he said different textures ? such as crunchy ? could be introduced, as well as different flavors.

"We can have some fun with that mixture," he said.

He also said there are many trendy health attributes the company could tap into, such as gluten-free, added fiber, low sugar and low sodium.

During bankruptcy proceedings, Hostess had said that its overall sales had been declining, although the company didn't give a breakout on the performance of individual brands. But Seban is confident Twinkies will have staying power beyond its re-launch.

As for the literal shelf-life, Seban is quick to refute the snack cake's fabled indestructibility.

"Forty-five days ? that's it," he said. "They don't last forever."

___

Follow Candice Choi at www.twitter.com/candicehoi

Also on HuffPost:

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Source: http://www.huffingtonpost.com/2013/06/23/twinkies-july-return-to-shelves_n_3486930.html

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Jefferies readies loans for Icahn's Dell bid: sources

By Leela Parker and Michelle Sierra

(Reuters) - Jefferies & Co will provide $5.2 billion in term loans to back Carl Icahn's bid for computer manufacturer Dell Inc, sources told Thomson Reuters LPC.

The funding will be launched on Monday at a 4:00 p.m. lender call that the billionaire investor is expected to join, the sources said.

The $5.2 billion is split between a $2.2 billion six-year term loan B-1 and a $3 billion three-year term loan B-2. The six-year tranche will have standard 1 percent amortization, while the shorter-dated tranche amortizes at 10 percent, they said.

Icahn declined to comment on details of the term loans on Friday.

As previously reported, initial price guidance in May was in the LIB+350 area, subject to change due to market conditions.

Earlier this week, Icahn repeated his interest in owning Dell, saying in a telephone interview with Thomson Reuters LPC on Tuesday that he was moving forward with his plans to line up $5.2 billion in credit facilities. His comments echoed statements he made earlier that day in an open letter to Dell shareholders.

"Nothing has changed regarding the financing," Icahn said in the interview. "We expect to have $5.2 billion in the next couple of weeks. Our investment bank is already committing $1.6 billion and my affiliates and I would provide $2 billion, if necessary."

Icahn's letter to Dell's shareholders came on the heels of a series of reports that Icahn could exit the Dell race after struggling to raise the $5.2 billion in debt he needed to back a leveraged recapitalization he proposed to Dell's board on May 9.

In May, Icahn and Southeastern Asset Management initiated talks with banks and asset managers to line up financing to back a leveraged recapitalization of Dell as an alternative to an existing buyout offer led by Dell and Silver Lake Partners for $13.65 a share, or $24.4 billion. Jefferies has already committed $1.6 billion.

FUNDING SEEN READY BEFORE JULY 18 VOTE

Icahn is expected to have the financing lined up for a July 18 shareholder vote on the Silver Lake bid.

Icahn is offering a new path for shareholders. Under the May 9 leveraged recapitalization plan, Icahn proposed giving shareholders the option of receiving either a distribution of $12 per share in cash or $12 per share in stock valued at $1.65 per share. Now, Icahn is asking that Dell shareholders agree to a tender offer for 1.1 billion shares at $14 apiece in a stock buyback.

Icahn and Southeastern, which together own about 13 percent of Dell stock, argue the Dell and Silver Lake offer of $13.65 undervalues the company and that the recent numbers reported by Dell are understated.

"Despite the company using scare tactics concerning the company's health, you cannot get away from the fact that their own consulting firm, BCG, believes the company would earn $3.3 billion for 2014," Icahn said in the interview on Tuesday. "This means the 670 million shares left outstanding after our tender will earn $3.72 per share."

Dell's proposed take-private sale price has undergone several iterations starting at $11.22 to $12.16 per share, a pricing proposed by Silver Lake in October during the early stages of the take-private conversations.

In the letter, Icahn revealed he is now Dell's second-largest shareholder after Michael Dell, after he purchased half of Southeastern's Dell shares for $13.52 apiece. That brings Icahn's total ownership to 152 million shares, or 9 percent of the company's shares.

Dell shares closed on Friday down 0.1 percent at $13.35.

(Reporting By Leela Parker, Michelle Sierra; Editing by Lynn Adler and Andre Grenon)

Source: http://news.yahoo.com/jefferies-readies-loans-icahns-dell-bid-sources-072940054.html

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Egypt Morsi Protests: Army Ready To Save Nation From 'Dark Tunnel,' Defense Minister Says

CAIRO ? Wading into an increasingly volatile fray, Egypt's military on Sunday gave the nation's Islamist rulers and their opponents a week to reach an understanding before planned June 30 opposition protests aimed at forcing out the president, in a toughly worded warning that it will intervene to stop the nation from entering a "dark tunnel."

The powerful military also gave a thinly veiled warning to President Mohammed Morsi's hard-line backers that it will step in if the mostly secular and liberal protesters, who have vowed to be peaceful, are attacked during the planned demonstrations.

In a bid to project a business-as-usual image, Morsi's office said in a statement late Sunday that the president met with the army's chief, Defense Minister Gen. Abdel-Fattah el-Sissi, to discuss the "domestic scene and the government's efforts to maintain the security of the nation and the safety of its citizens." There was no mention of el-Sissi's warning.

Seeking to assert Morsi's seniority over el-Sissi ? the president is the supreme commander of the armed forces ? the brief statement, alluding to June 30, said he ordered the quick completion of plans to protect the state's strategic and vital installations.

The opposition argues that Morsi and his Muslim Brotherhood, despite having won a series of elections since the 2011 revolution that ousted autocrat Hosni Mubarak, have squandered their legitimacy with heavy handed misrule. It contends that the Islamists have encroached on the independence of the judiciary, sought to monopolize power, and pushed through an Islamist-backed constitution, breaking promises to seek consensus.

Morsi's supporters say the opposition has shunned his offers of dialogue and now are turning to force to remove him because they have been unable to compete at the ballot box.

On Sunday, a court compounded Morsi's troubles by saying members of his Muslim Brotherhood conspired with Hamas, Hezbollah and local militants to storm a prison in 2011 and free 34 Brotherhood leaders, including Morsi. Also, the most iconic youth figure of the 2011 revolution, Wael Ghonim, called on Morsi to step down before June 30 to prevent bloodshed.

Both sides say they intend to be peaceful on June 30, but many fear the day could descend into violence. There are worries young protesters could attack offices of the Brotherhood and its political arm, the Freedom and Justice party. Some of Morsi's hard-line supporters have vowed to "smash" the protests or have declared protesters infidels who deserve to be killed.

"Those who will spray Morsi with water will be sprayed with blood," warned one cleric.

El-Sissi, weighed in with his first public comments on the planned protests while addressing officers at a seminar Sunday.

It was his most direct warning yet that the military ? which ruled Egypt directly after Mubarak's fall until Morsi's June 30, 2012 inauguration ? could step in.

He said the country's divisions had reached a point that they were a danger to the state itself.

"Those who think that we (the military) are oblivious to the dangers that threaten the Egyptian state are mistaken. We will not remain silent while the country slips into a conflict that will be hard to control," he said in his comments, made public on the military's Facebook page.

Ostensibly, el-Sissi addressed both sides. But his demand for "genuine reconciliation" seemed to be a nod toward the opposition's stance that Morsi's past gestures of "dialogue" have been empty and a signal to him that he must make compromises.

"It is the most powerful public and direct message from the military to the president," said analyst Abdullah el-Sinnawi, thought to be close to the military. "I see this as a warning of a coup if Morsi does not find a solution."

Another analyst, Gamal Abdel-Gawad of the Al-Ahram Center for Political and Strategic studies, said the comments signaled a change in the military's position.

"We are in a different phase now. He (el-Sissi) is giving a deadline for a solution to the president to do what he can do or else they will be forced to intervene," he said.

El-Sissi appeared to lower the threshold for what warrants intervention by the military. In earlier pronouncements, he cited the collapse or near collapse of the state.

On Sunday, however, he said the military has a "patriotic and moral responsibility" to stop Egypt from "slipping into a dark tunnel of conflict or internal fighting." He said sectarian violence and the collapse of state institutions would also justify intervention.

He urged all parties to reach a "genuine reconciliation" to defuse the crisis before June 30.

"We have a week during which a great deal can be achieved. This is a call that is only motivated by love of the nation, its presence and future," he said.

In a thinly veiled warning to Morsi's hard-line backers, el-Sissi said: "It is not honorable that we remain silent in the face of the terrorizing and scaring of our Egyptian compatriots. There is more honor in death than watching a single Egyptian harmed while the army is still around."

El-Sissi also warned that the military will no longer tolerate any "insults" to the armed forces and its leaders, apparently a reference to a series of comments by figures from the Muslim Brotherhood, from which Morsi hails, that were perceived by the military as derogatory.

After its post-Mubarak period of direct rule, the powerful military has largely stayed out of the political fray. Soon after his inauguration, Morsi pushed the military's top two generals into retirement, ending the de facto military rule of Egypt that dates back to a 1952 coup that toppled the monarchy.

Morsi appointed el-Sissi as military chief and defense minister, leading many to believe the general would be beholden to the president. But el-Sissi, through a series of subtle but telling hints, has shown a significant level of independence as well as displeasure over the policies of the Morsi administration.

Morsi's comrades in the Brotherhood have made it clear that they want the military to focus entirely on protecting the nation against outside threats, but el-Sissi has countered by making clear that maintaining the security and stability of the nation was part of the military's mandate.

Protest organizers say they will bring out crowds across the country, building on public anger over a host of problems in the country, from surging crime and rising prices to fuel shortages, power cuts and unemployment. The protests call for Morsi to step down and early elections to be held at the end of a short transitional period.

Sunday, another prominent figure from the anti-Mubarak uprising, Ghoneim, weighed in with a video posted on his Twitter account saying it was time for Morsi to go.

"I was hoping that I would thank (Morsi) for what he has done for Egypt a year after he took office. But regrettably, the conditions in Egypt now are very grave," Ghoneim said. "Please stop the strife we are approaching, for the sake of God and country, and resign before June 30."

The report issued by a court in the Suez Canal city of Ismailia added to Morsi troubles. The court statement read by judge Khaled Mahgoub named two members of Morsi's Muslim Brotherhood as among the conspirators along with Hamas and Hezbollah members in an attack on Wadi el-Natroun prison on Jan. 29, 2011.

The judge said his court would refer the evidence and testimonies it gathered to prosecutors so they can start their own investigation.

Morsi and the 33 Brotherhood leaders who were in jail in 2011 have maintained that they were freed by local residents. Hamas, the Palestinian chapter of the Brotherhood, has denied involvement in the attacks on prisons.

The Brotherhood's Freedom and Justice party said Sunday's court statement on the Wadi el-Natroun prison break was "void and illegal." It posted on its Twitter account that Mahgoub "will end like any other judge who did not respect the law or the constitution."

The prison breaks took place during the 18-day popular uprising that toppled Mubarak's regime. The breaks involved about 11 of Egypt's 41 prisons and led to a flood of some 23,000 criminals onto the streets, fueling a crime wave that continues to this day.

____

Associated Press reporter Maggie Michael and Tony G. Gabriel contributed to this report.

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Source: http://www.huffingtonpost.com/2013/06/23/egypt-morsi-protests-army-ready-to-save-nation-dark-tunnel_n_3486903.html

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