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Poornima Gupta Reuters
7 hours ago
? Kevin Lamarque / Reuters
U.S. Treasury Secretary Jack Lew and other U.S. officials will meet with Chinese officials next week in Washington, D.C.
ASPEN, Colo. ? U.S. Treasury Secretary Jack Lew said he will keep up pressure on China over cybersecurity, especially stealing of intellectual property and trade secrets, which he sees as separate from other Internet-related issues between the two countries.
The recently appointed Treasury secretary said on Sunday he had already raised his concerns on cybersecurity when he met with Chinese President Xi Jinping in China recently.
"It is fundamentally a different set of issues and is something that is going to remain high on our agenda of issues to talk to with them about," he told an audience at the Aspen Ideas festival, saying the meetings in China were "productive."
Lew and Secretary of State John Kerry are set to host their Chinese counterparts in Washington D.C. next week for the annual U.S.-China Strategic and Economic Dialogue.
Computer hacking is a contentious issue between the two countries. U.S. intelligence leaders have said that cyberattacks and cyberespionage had supplanted terrorism as the top security threat facing the United States.
For its part, China accused U.S. recently of "double standards" in cybersecurity after the flight from Hong Kong of fugitive former spy agency contractor Edward Snowden, who leaked details of U.S. cybersurveillance tactics.
While not directly referring to the Snowden issue, Lew said cybertheft "is just different from other kinds of issues in the cyber area."
Lew said he also used the recent visit to Beijing to try and convince the new Chinese administration to reduce barriers to trade and open up the country to wider foreign investment.
U.S. companies face barriers to invest in around 100 Chinese sectors, while China holds that U.S. bars Chinese investments on unjustified national security grounds.
"They fundamentally have to move from a place where they have a very rigid, structured support for all the industries and go to more market-determined interest rates, market-determined investment policies, opening their market more to international investment," Lew said.
"The fact that there are other issues that do come up between us can't become an issue as we talk about the core economic issues which are frankly things China needs to do in order to grow its economy," he added.
Copyright 2013 Thomson Reuters.
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By Fredrik Dahl
VIENNA (Reuters) - The top U.S. energy official said he believed the oil market could cope with any further reduction of Iran's oil exports from the tightening of sanctions on Tehran over its nuclear program.
U.S. Energy Secretary Ernest Moniz also said on Sunday he expected a "fair amount of action" by his department in 2013 in evaluating applications by U.S. firms to export natural gas.
Companies hoping to ship gas abroad have been frustrated by lengthy delays and rule changes as they await Department of Energy approval of their applications.
"I'm planning to go through them as rapidly as I can," Moniz said in an interview in Vienna.
As for Iran, U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to its diminishing oil exports, and analysts say the ultimate goal could be a near total cut-off.
This could risk antagonizing China and India, the biggest remaining buyers of Iranian crude, and could push oil prices higher in a hit to the global economy.
Moniz said Iranian exports were not now a "dominant player in the market", and was offset by increased production in the United States and in Iraq as well as substantial reserve capacity in some of the major OPEC producers such as Saudi Arabia.
"So I would think that with further sanctions, the markets could be quite resilient to that," said Moniz, who took office last month. From a technical point of view, "we can certainly manage a further reduction of Iranian exports", he added.
U.S. and European Union sanctions aimed at choking the flow of oil money into Iran and forcing Tehran to negotiate curbing its controversial nuclear program slashed its crude exports to 700,000 bpd in May, the lowest in decades, according to industry sources and tanker-tracking data.
But crude prices are still lower than they were a year ago.
Iran says its nuclear program is a peaceful bid to generate electricity. But Washington and its allies suspect Tehran is seeking the capability to make nuclear weapons.
Both parties in the U.S. Congress are pressing for tougher sanctions, betting that a resurgence in U.S. oil output and signs of ample global supply will prevent prices from rising.
Moniz said there was "quite a bit of potential for increased production to offset any further reduction" of Iranian exports.
"ACTION" ON GAS EXPORT APPLICATIONS
Last week, U.S. President Barack Obama included a robust endorsement of natural gas use around the world as he sought to revive his stalled climate change agenda.
But how much the United States will supply remained unclear as more than a dozen companies await approval to sell excess gas to countries such as India and Japan, where it will fetch higher prices than in the domestic market.
The Energy Department has so far approved two projects to ship liquefied natural gas (LNG).
"I've committed to start that process expeditiously, and I certainly expect to have substantial numbers of that (evaluation of export license applications) this year," Moniz said.
The surge in shale gas production has helped make the United States a leading natural gas producer and potentially a major exporter. But some manufacturers and lawmakers have warned that a rapid push to export LNG could lead to a rise in U.S. gas prices and harm consumers and energy-intensive industries.
Moniz said applications would be handled on a case-by-case basis and suggested he would not change the order in which his department rules on applications - a policy made in midstream that put some players at a disadvantage.
"My intent is to move forward with the queue as it is spelled out," he said, making clear he did not agree with a major LNG trade group, which said it was unlawful. "Our lawyers feel it is certainly completely rational."
If the Department of Energy waits about two months between each export decision, as Acting Assistant Secretary for Fossil Energy Christopher Smith has signaled, projects near the end of queue might not get a DOE permit before late 2015.
Asked if this was a realistic timetable, Moniz said: "I would not say it's not unrealistic. But maybe we can do it faster."
(editing by Jane Baird)
Source: http://news.yahoo.com/u-says-oil-market-could-cope-more-iran-151353380.html
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I had Microsoft Security Essentials installed on my computer, but when I booted up my computer this morning it wasn't working. Trying to start it gives me this error:
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The file cannot be accessed by the system."
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When clicking on links on Google searches on Mozilla Firefox, it usually redirects to a site which doesn't load (all I see is a blank page).
When trying to login to Youtube or Gmail there is a notification saying that I do not have cookies enabled. I have checked my Firefox settings and they are enabled, so I'm also worried that there may have been a keylogger trying to gain access to my accounts.
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Mike Stone / Reuters
Protesters hold signs and cheer during a protest before the start of a special session of the Legislature in Austin, Texas, on July 1.
By Andrew Rafferty, Staff Writer, NBC News
The Texas Capitol became the center of America's abortion debate again on Monday?as thousands of demonstrators were on hand to voice opposition to Republican-backed legislation that would dramatically limit abortion rights in the state.
The protests came at the start of a special legislative session called by Republican Texas Gov. Rick Perry after a bill that would have essentially ban most abortions after the 20th week of pregnancy was halted last week.
The effort was led by Democratic state Senator Wendy Davis, who became a national icon for abortion-rights advocates after standing for?hours to filibuster the legislation.
Related: Rising political star Wendy Davis
"Less than a week ago you were at the crux of a turning point in Texas history, you joined the ranks of brave men and women who love this state and fought for their liberties and preserving Texas values,"?Davis told thousands gathered on the steps of the state capitol in Austin, Texas, on Monday. ?Many wore orange and held "Stand With Wendy" signs.
Eric Gay / AP
Anti-abortion supporters and pro-abortion rights supporters crowd into the rotunda of the Texas capitol, on July 1, in Austin, Texas.
"It was your voices lent to me that made it possible for me to stand those 13 hours," she said.
Also on hand to support Davis was Natalie Maines of the Dixie Chicks and actress Lisa Edelstein.
On the final day of a legislative session, Davis held the floor for over ten hours to prevent a vote on the controversial bill.
Texas Republicans attempted to use parliamentary maneuvers to pass the bill before the session came to a close, but?protestors?in the gallery shouted so loudly that the lawmakers were unable to hear and the could not pass the bill before the midnight deadline.?
Opponents of the bill view it as a way for Republicans to cripple abortion clinics in the deeply conservative state. Supporters say the measure is an important one to protect the health of women.
A smaller group of the proposed law's supporters were also on hand, many wearing blue and singing "Amazing Grace."
Perry and Texas Republicans have vowed to pass the bill.?
"We will not allow the breakdown of decorum and decency to prevent us from doing what the people of this state hired us to do," Perry said in a statement announcing a second special legislative session.? ??
The abortion bill on Monday was referred to committees for public hearings before the legislature?recessed?for the week. There will be no action on the bill until at least July 9.
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While Michelle Obama's South Africa trip has brought some sartorial surprises, last night's outfit offered a happy return to form. On Friday, our favorite first lady experimented with a saturated purple pantsuit we weren't crazy about, but Michelle made a quick recovery on Saturday when she chose a one-shouldered orange gradient dress by Naeem Khan, a FLOTUS favorite.
Michelle has worn the Indian-American designer's creations many times before, at prayer services, White House Correspondents' Dinners, state dinners and Oscars appearances -- and even once before on this very trip to Africa.
Michelle accessorized with sideswept bangs and a gold chain necklace. Do you like the look?
PHOTOS:
More FLOTUS goodness:
Michelle in her wedding dress
At the 36th Annual NAACP Image Awards.
At the South Carolina primary.
At the Super Tuesday primary vote results rally in Chicago.
At a rally in Springfield, Ill.
At the Democratic National Convention.
At a rally in Springfield, Miss.
On election night in Chicago.
At the Inaugural Parade in Washington, D.C.
At the Inaugural Ball in Washington, D.C.
To honor Stevie Wonder.
In Baden Baden, Germany.
At the Congressional Black Caucus Foundation's Annual Phoenix Awards Dinner.
On the White House lawn.
Greeting India's Prime Minister at the White House.
At the State of the Union address.
Speaking on childhood obesity in Alexandria, Va.
At a Cinco de Mayo reception in Washington, D.C.
To greet the President of Mexico at the White House.
At the Congressional Hispanic Caucus Institute's 33rd Annual Awards Gala.
In Pocantico Hills, N.Y.
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