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Monthly Archives: September 2012
The oyster genome reveals stress adaptation and complexity of shell formation
Posted: September 20, 2012 at 3:14 am
Comparison with seven other sequenced genomes identified 8,654 oyster-specific genes (Supplementary Text E3.1) that are probably important in the evolution and adaptation of oysters and other molluscs. With oysters being the only representative, these genes could be shared by other molluscs. Among these genes, gene ontology terms related to protein binding, apoptosis, cytokine activity and inflammatory response are highly enriched (P<0.0001; Supplementary Text E2 and Supplementary Table 17), indicating over-representation of some host-defence genes against biotic and abiotic stress. Manual examination shows that several gene families related to defence pathways, including protein folding, oxidation and anti-oxidation, apoptosis and immune responses, are expanded in C. gigas (Fig. 3a and Supplementary Table 18). The oyster genome contains 88 heat shock protein 70 (HSP70) genes, which have crucial roles in protecting cells against heat and other stresses, compared with ~17 in humans and 39 in sea urchins. Phylogenetic analysis finds clustering of 71 oyster HSP70 genes to themselves, suggesting that the expansion is specific to the oyster (Supplementary Fig. 19). Also expanded are cytochrome P450 (Supplementary Fig. 20) and multi-copper oxidase gene families, which are important in the biotransformation of endobiotic and xenobiotic chemicals26, and extracellular superoxide dismutases, which are important in defence against oxidative stress. The oyster genome has 48 genes coding for inhibitor of apoptosis proteins (IAPs), compared with 8 in humans and 7 in sea urchins, indicating a powerful anti-apoptosis system in oysters. Genes encoding lectin-like proteins, including C-type lectin, fibrinogen-related proteins and C1q domain-containing proteins (C1QDCs), are highly over-represented in the oyster genome (P<0.0001; Supplementary Table 18); these genes have important roles in the innate immune response in invertebrates27, 28, 29. Interestingly, many immune-related genes, including genes coding for Gram-negative bacteria-binding proteins, peptidoglycan-recognition proteins, defensin, C-type-lectin-domain-containing proteins and C1QDCs, are highly expressed in the digestive gland (Supplementary Fig. 21), indicating that the digestive system of this filter feeder is an important first-line defence organ against pathogens.
a, Expansion and expression of key genes in major stress-response pathways in C. gigas. Genes include HSPs and HSF in the heat-shock response; GRP78, CRT, CNX, GRP94, PERK, IRE1 and EIF2a in the endoplasmic reticulum unfolded-protein response (UPRER); IAPs, BCL2 like, BAG, BI1, caspases, FADD and TNFR in apoptotic pathways; CYP450 and MO in oxidation; and SOD, GPX, PRX and CAT in anti-oxidation. Boxes with bold black borders indicate gene families (HSPs, IAPs and SODs) expanded in C. gigas, and the filled colours correspond to their degree of upregulation in RPKMtreatment/RPKMcontrol by stress, found in 61 transcriptomes from oysters challenged with 9 types of stressors (Supplementary Text G2 and Supplementary Table 23). b, Venn diagram of common and unique genes expressed in response to temperature, salinity, air exposure and heavy-metal stress (zinc, cadmium, copper, lead and mercury), showing overlap of responses. c, Number of genes with and without detectable paralogues differentially expressed under stress and normal conditions, showing that genes responding to stress are more likely to have paralogues (P<11010; 2 test). Green sections of the pie chart represent 1,442, 809, 358, 550 and 7,938 paralogues for air exposure, metal, temperature, salinity and normal conditions, respectively.
To investigate genome-wide responses to stress, we sequenced 61 transcriptomes from C. gigas subjected to nine stressors, including temperature, salinity, air exposure and heavy metals (Supplementary Text G1 and Supplementary Tables 19 and 20). We found that 5,844 genes were differentially expressed under at least one stressor, and genes responding to different stressors showed significant overlap (Fig. 3b and Supplementary Fig. 23a). Air exposure induced a response from the largest number of genes (4,420), indicating that air exposure is a major stressor and that oysters have evolved an extensive gene set in defence. Genes differentially expressed in response to stress are more likely to have paralogues (Fig. 3c), suggesting that expansion and selective retention of duplicated defence-related genes are probably important to oyster adaptation. Under most stressors, genes coding for HSPs, histones, IAPs and protein biogenesis were upregulated, and those for protein degradation downregulated, pointing to concerted responses to maintain cellular homeostasis30 (Supplementary Text G3 and Supplementary Table 21). Genes involved in the unfolded protein response to cellular stress in the endoplasmic reticulum (coding for calreticulin, calnexin, 78- and 94-kDa glucose-regulated proteins) were upregulated, indicating that protein quality control is critical in cellular homeostasis under stress.
Air exposure induced up to 67-fold upregulation of five highly expressed IAPs (Supplementary Fig. 24a). Other inhibitors of apoptosis were also upregulated: BCL2 up to fourfold and BAG up to 12-fold (Supplementary Fig. 24b). These apoptosis inhibitors were also highly upregulated under heat and low salinity stress. These findings, along with the expansion of IAPs, suggest that a powerful anti-apoptosis system exists and may be critical for the amazing endurance of oysters to air exposure and other stresses. The existence of an intrinsic apoptosis pathway in invertebrates has been controversial, and parts of the pathways have only recently been demonstrated for two lophotrochozoans31, 32. The finding of key genes belonging to both intrinsic (BAX, BAK, BAG, BCL2, BI1 and procaspase) and extrinsic (TNFR and caspase 8) apoptosis pathways indicates that oysters have advanced apoptosis systems. Powerful inhibition of apoptosis as shown by genomic and transcriptomic analyses may be central to the ability of oysters to tolerate prolonged air exposure and other stresses.
Heat stress induced a ~2,000-fold increase in expression of five highly inducible HSP70 genes or a 13.9-fold increase in average expression of all HSP70 genes, amounting to 4.2% of all transcripts (Supplementary Figs 24c and 25). The genomic expansion and massive upregulation of HSP genes help to explain why C. gigas can tolerate temperatures as high as 49C when exposed to summer sun at low tide33. HSP genes were also upregulated under other stressors and may be central to the oyster defence against all stresses (Supplementary Fig. 25). HSP genes may also inhibit apoptosis by binding to effector caspases34.
Genes involved in signal transduction, including genes coding for G-protein-coupled receptors and Ras GTPase, were also activated by stressors (Supplementary Fig. 24f) and over-represented in the oyster genome (Supplementary Table 11). These regulators may have a role in orchestrating stress responses, which seem to be well coordinated (Fig. 3a and Supplementary Fig. 25). The expansion of key defence genes and the strong, complex transcriptomic response to stress highlight the sophisticated genomic adaptations of the oyster to sessile life in a highly stressful environment.
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The oyster genome reveals stress adaptation and complexity of shell formation
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Oyster genome uncover the stress adaptation and complexity of shell formation
Posted: at 3:14 am
Public release date: 19-Sep-2012 [ | E-mail | Share ]
Contact: Jia Liu liujia@genomics.cn BGI Shenzhen
September 19, Shenzhen, China An international research team, led by Institute of Oceanology of Chinese Academy of Sciences and BGI, has completed the sequencing, assembly and analysis of Pacific oyster (Crassostrea gigas) genomethe first mollusk genome to be sequencedthat will help to fill a void in our understanding of the species-rich but poorly explored mollusc family. The study, published online today in Nature, reveals the unique adaptations of oysters to highly stressful environment and the complexity mechanism of shell formation.
"The accomplishment is a major breakthrough in the international Conchological research, with great advancement in the fields of Conchology and Marine Biology." said, Professor Fusui Zhang, Academician of Chinese Academy of Sciences, and a well-known Chinese Scientist of Conchology, "The study will provide valuable resources for studying the biology and genetic improvement of molluscs and other marine species. "
Oysters are a soft-bodied invertebrate with a double-hinged shell, which make up an essential part of many aquatic ecosystems. They have a global distribution and for many years they have much higher annual production than any other freshwater or marine organisms. In addition to its economic and ecological importance, the unique biological characteristics of oyster make it an important model for studying marine adaptations, inducing a great deal of biological and genomics research. The completed sequencing of oyster genome will provide a new horizon into understanding its natural mechanisms such as the adaptations to environmental stresses and shell formation, better exploration of marine gene resource, , among others.
Unlike many mammals and social insects, oyster as well as many other marine invertebrates is known to be highly polymorphism, which is a challenge for de novo assembling based on current strategies. In this study, researchers sequenced and assembled the Pacific oyster genome using a combination of short reads and a "Divide and Conquer" fosmid-pooling strategy. This is a novel approach developed by BGI, which can be used to study the genomes with high level of heterozygosity and/or repetitive sequences. After data process, the assembled oyster genome size is about 559 Mb, with a total of ~28,000 genes.
Based on the genomic and transcriptomic analysis results, researchers uncovered an extensive set of genes that allow oysters to adapt and cope with environmental stresses, such as temperature variation and changes in salinity, air exposure and heavy metals. For example, the expansion of heat shock protein 70 (HSP 70) may help explain why Pacific oyster can tolerate high temperatures as HSP family is expanded and highly expressed when in high temperature. The expansion of inhibitors of apoptosis proteins (IAPs), along with other findings, suggested that a powerful anti-apoptosis system exists and may be critical for oyster's amazing endurance to air exposure and other stresses. One notable finding on development is that the oyster Hox gene cluster was broken, and there are unusual gene losses and expansions of the TALE and PRD classes. Hox genes are essential and play critical important role in body plan, the Hox clusters are found to be more conserved in many organisms.
Researchers found paralogs might have the function to change the gene expression for better coping with the stresses. This result suggested that expansion and selective retention of duplicated defense-related genes are probably important to oyster's adaptation. Moreover, many immune-related genes were highly expressed in the digestive gland of the oyster, which indicated its digestive system was an important first-line defense organ against pathogens for the filter-feeder. The shell provides a strong protection against predation and desiccation in sessile marine animals such as oysters. At present, two models have been proposed for molluscan shell formation, but neither of them is accurate enough. In this study, by sequencing the peptides in the shell, researchers identified 259 shell proteins, and further analysis revealed that shell formation was a far more complex process than previously thought. They found many diverse proteins may play important roles in matrix construction and modification. The typical ECM proteins such as Laminin and some collagens were highly expressed in shells, suggesting that shell matrix has similarities to the ECM of animal connective tissues and basal lamina. Hemocytes may mediate fibronectin (FN)-like fibril formation in the shell matrix as they do in ECM. Furthermore, the functional diversity of proteins showed that the cells and exosome may participate in the shell formation.
Xiaodong Fang, Primary Investigator of this project at BGI, said, "The assembly approach of Oyster genome opens a new way for researchers to better crack the genomes with high-heterozygosity and high-polymorphism. The Oyster genome sheds insights into the comprehensive understanding of mollusc genomes or even lophotrochozoa genomes at the whole genome-wide level, with focuses on the studies of diversity, evolutionary adaptive mechanisms, developmental biology as well as genomics-assisted breeding. "
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Oyster genome uncover the stress adaptation and complexity of shell formation
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Bangladeshi scientist decodes genome of deadly fungus
Posted: at 3:14 am
A Bangladeshi scientist has decoded the genome of a most deadly fungus that causes havoc to global jute and soybean production.
The fungus -- macrophomina phaseolina -- also causes seedling blight, root rot and charcoal rot of more than 500 crop and non-crop species.
The gene sequencing of macrophomina phaseolina would particularly help Bangladeshi scientists to develop jute varieties capable of fighting the fungus that causes an annual yield loss of around 40 billion taka (US$489.45 million) damaging 30 per cent of the country's precious natural fibre, experts said.
Jute is the second largest fibre crop next to cotton. And Bangladesh is the world's second-biggest producer of jute, next to India, and the biggest exporter of the natural fibre.
Bangladesh's globally famed geneticist Dr Maqsudul Alam led a 17-member team since early last year to decode the deadly fungus. The decoding has been done at a recently set up laboratory at Bangladesh Jute Research Institute (BJRI).
Prime Minister Sheikh Hasina announced the scientific achievement of Bangladesh in the Jatiya Sangsad yesterday amid cheers and desk thumping by lawmakers.
Dr Alam and his team's success in decoding fungus genome came just two years after he had decoded jute genome. Maqsudul Alam earlier sequenced the genome of papaya in the United States and rubber plant in Malaysia.
"Macrophomina phaseolina damages jute stems and is responsible for 30 per cent of jute yield loss. Besides, it also causes multiple damage to 500 crop and non-crop species. The US alone suffers 15 billion taka production loss a year due to "charcoal rot" in soybean caused by macrophomina phaseolina," explained biotechnologist Dr Shahidul Islam, a senior member of Dr Alam's team.
Reached over the phone last night, Dr Islam said they had completed the sequencing earlier this year but it has been internationally recognised with its publication in acclaimed UK journal BMC Genomics on September 17.
Genome sequencing helps scientists find genes much more easily and quickly. It allows scientists identify and understand how genes work together on a plant's various features like growth, development and maintenance as an entire organism. This allows them to manipulate the genes and enhance, reduce or add certain features of the plant.
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Bangladeshi scientist decodes genome of deadly fungus
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Oyster Genome Pries Open Mollusk Evolutionary Shell
Posted: at 3:14 am
Image of fresh Pacific oyster courtesy of Guofan Zhang, photo by Tao Liu
The world of the mollusk genome is now our oyster, as researchers have now sequenced the genetic code of this hearty (and delicious) shellfish, revealing it to be even more complex and adaptable than previously imagined.
The new genome provides insights how oysters manage to cope with a dynamic habitat and how they build their shells. The genome of the Pacific oyster (Crassostrea gigas) contains approximately 28,000 genes (compared with the 20,000 or so genes of humans), some 8,654 of which are thought to be specific to oystersor at least to mollusks.
One of the big mysteries surrounding oysters and many other mollusks is how they manage to thrive in such variable marine environments. As sessile creatures that largely stay put, they endure extreme temperature changes, swings in salinity, and prolonged exposure to open air in the intertidal zone. The researchers found 88 different genes that code for so-called heat shock protein 70, which guards cells and tissue against hot temperatures. This extra buffering might explain why oysters can survive in the sun in temperatures up to about 49 degrees Celsius (120 degrees Fahrenheit). By contrast, humans have about 17 genes that make this protein, and even relatively immobile sea urchins have just 39.
Oysters are known for being excellent water filterers, and some environmental groups have even proposed reintroducing these shellfish to New York City waterways to clean up the harbor. How can these oysters stay healthy with so many chemicals and heavy metals flowing through them? The genome reveals one of the oysters secrets: a highly active immune systemespecially in its gut. The researchers found that many of the genes that make immune-related proteins are expressed in the oysters so-called digestive gland, indicating that the digestive system of this filter feeder is an important first-line defense organ against pathogens, the authors noted in their paper published online September 19 in Nature (Scientific American is part of Nature Publishing Group).
Perhaps the key to the survival of this soft-bodied organism is its flexible genome. The researchers sequenced 61 transcriptomes (RNA in the cell or tissue) and then exposed them to familiar oyster stressors. When exposed to air, for example, 4,420 different genes altered their expression. And some exposures produced impressive results. Exposing the transcriptomes to heat invoked a roughly 2,000 times higher expression of five of the heat shock protein 70-coding genes.
The genome of the oyster, the first mollusk to be sequenced, also cracked open some evolutionary clues about the shell of these tenacious bivalves. Once thought to be a fairly simple, self-assembling matrix of calcium carbonate, it now looks to be a complex creation that has undergone eons of evolutionary tweaking. And it shares some surprising signatures with the cell walls of other animals, suggesting that shell formation is an active and elaborate process that involves hundreds of proteins.
The oyster genome had thwarted standard sequencing techniques because it repeats itself in many placesand in others has different codes in the same places in a single individual. So the researchers tried a fosmid-pooling strategy, which allowed them to divide the genome up and compare multiple sequencings of each area. To help the process along further, they also created a more genetically homogenous oyster, using one from four generations of direct sibling inbreeding. They then compared this to a wild-caught oyster, just to make sure their results were not too altered by the chosen individual.
The success with the oyster genome will help open the door to sequencing more of the highly diverse mollusks, including snails, scallops and, perhaps even the master RNA editors themselves, the octopuses. Information from the oyster genome and other sequences in this group could help researchers better understand these organisms role in the oceans, their evolution and how they respond to climate change and ocean acidification as well as better strategies for raising them.
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Oyster Genome Pries Open Mollusk Evolutionary Shell
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CapriClear® Awarded the National Eczema Association NEA Seal of Acceptance™
Posted: at 3:14 am
ATLANTA, Sept. 19, 2012 /PRNewswire/ --enaltus -- CapriClear, an all-natural, hypoallergenic, dermatologist formulated and tested spray-on moisturizer was awarded the National Eczema Association Seal of Acceptance. CapriClear is a patented colorless, odorless, non-staining, and hypoallergenic spray made from fractionated coconut oil (Caprylic/Capric Triglyceride) that provides immediate soothing relief from dry, flaky, and irritated skin. Unlike many conventional emollients, CapriClear does not contain, emulsifiers, fragrances, animal products, artificial dyes, preservatives or other additives such as sulfates, parabens or toxins that can lead to skin irritation.
(Photo: http://photos.prnewswire.com/prnh/20120919/CL77417 )
The NEA Seal of Acceptance was awarded as part of the association's Eczema & Sensitive-Skin Education program (EASE) which maintains rigorous standards for acceptance. Products eligible for the NEA Seal of Acceptance are those that have been created or intended for use by persons with eczema or severe sensitive skin conditions and that have satisfied the NEA Seal of Acceptance criteria.
Martin Floreani, Chief Marketing Officer for enaltus states that "We are honored that CapriClear received the distinguished NEA Seal of Acceptance because we firmly believe in the National Eczema Association's mission to improve the health and quality of life of individuals with eczema and severe sensitive skin conditions. The NEA Seal of Acceptance will be proudly displayed on all future CapriClear packaging."
Floreani adds, "Eczema, or Atopic Dermatitis, can be a debilitating disease that affects over 30 million Americans. There are many products that help alleviate the symptoms associated with eczema, such as itch and inflammation. We are confident that CapriClear will be an important resource to help millions of people who suffer from the itch-scratch cycle of eczema. Moisturizers are a critical component in the prevention and maintenance in the treatment of atopic dermatitis. Many people are sensitive to the chemical ingredients that are found in over the counter creams & lotions. CapriClear is a unique, all-natural, hypoallergenic spray-on moisturizer that will help everyone from babies to the elderly look and feel better."
"CapriClear is ideal for people of all ages, but especially those with sensitive skin. It does not burn or sting upon application, making it a great option for people that suffer from atopic dermatitis or eczema. It is even a safe option for eczema in babies and children," said Dr. Betty Bellman, a Miami dermatologist and Associate Voluntary Professor of Dermatology of Miami Miller School of Medicine & Mount Sinai Medical Center.
CapriClear is available on http://www.CapriClear.com and online retailers nationwide.
Like CapriClear on Facebook at http://www.facebook.com/CapriClear and follow us on Twitter at http://www.twitter.com/capriclear.
Media contact:Amber Clapp 646-567-8114 amberclapp@yahoo.com
About enaltusenaltus (www.enaltus.com), an international specialty skin care products company headquartered in Suwanee, Ga., that focuses on both medical professionals and consumers with a concentration on scar management and safe skin care products for mothers and babies. The company's flagship brands are Kelo-cote,the Belli Skincare, and bioCorneum+.
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CapriClear® Awarded the National Eczema Association NEA Seal of Acceptance™
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The Freedom to Offend “God”
Posted: at 2:13 am
The latest wave of Muslim hysteria and violence has now spread to more than 20 countries. The walls of our embassies and consulates have been breached, their precincts abandoned to triumphant mobs, and many people have been murderedall in response to an unwatchable Internet video titled Innocence of Muslims. Whether over a film, a cartoon, a novel, a beauty pageant, or an inauspiciously named teddy bear, the coming eruption of pious rage is now as predictable as the dawn. This is already an old and boring story about old, boring, and deadly ideas. And I fear it will be with us for the rest of our lives.
Our panic and moral confusion were at first sublimated in attacks upon the hapless Governor Romney. I am no fan of Romneys, and I would find the prospect of his presidency risible if it were not so depressing, but he did accurately detect the first bleats of fear in the Obama administrations reaction to this crisis. Romney got the timing of events wrongconfusing, as many did, a statement made by the U.S. Embassy in Cairo for an official government response to the murder of Americans in Libya. But the truth is that the White House struck the same note of apology, disavowing the offending speech while claiming to protect free speech in principle. It may seem a small detail, given the heat of the momentbut so is a quivering lip.
Our government followed the path of appeasement further by attempting to silence the irrepressible crackpot pastor Terry Jones, who had left off burning copies of the Quran just long enough to promote the film. The administration also requested that Google remove Innocence of Muslims from its servers. These maneuvers attest to one of two psychological and diplomatic realities: either our government is unwilling to address the problem at hand, or the problem is so vast and terrifying that we have decided to placate the barbarians at the gate.
The contagion of moral cowardice followed its usual course, wherein liberal journalists and pundits began to reconsider our most basic freedoms in light of the sadomasochistic fury known as religious sensitivity among Muslims. Contributors to The New York Times and NPR spoke of the need to find a balance between free speech and freedom of religionas though the latter could possibly be infringed by a YouTube video. As predictable as Muslim bullying has become, the moral confusion of secular liberals appears to be part of the same clockwork.
Protesters burn the American flag in Nangarhar province, Afghanistan on Sept. 14, 2012, during a demonstration against the film "Innocence of Muslims." (Rahmat Gul / AP Photo)
The freedom to think out loud on certain topics, without fear of being hounded into hiding or killed, has already been lost.
Consider what is actually happening: some percentage of the worlds Muslims5 percent? 15? 50? Its not yet clearis demanding that all non-Muslims conform to the strictures of Islamic law. And where they do not immediately resort to violence in their protests, they threaten it. Carrying a sign that reads Behead Those Who Insult the Prophet may still count as an example of peaceful protest, but it is also an assurance that infidel blood would be shed if the imbecile holding the placard only had more power. This grotesque promise is, of course, fulfilled in nearly every Muslim society. To make a film like Innocence of Muslims anywhere in the Middle East would be as sure a method of suicide as the laws of physics allow.
What exactly was in the film? Who made it? What were their motives? Was Muhammad really depicted? Was that a Quran burning, or some other book? Questions of this kind are obscene. Here is where the line must be drawn and defended without apology: we are free to burn the Quran or any other book, and to criticize Muhammad or any other human being. Let no one forget it.
At moments like this, we inevitably hearfrom people who dont know what its like to believe in paradisethat religion is just a way of channeling popular unrest. The true source of the problem can be found in the history of Western aggression in the region. It is our policies, rather than our freedoms, that they hate. I believe that the future of liberalismand much elsedepends on our overcoming this ruinous self-deception. Religion only works as a pretext for political violence because many millions of people actually believe what they say they believe: that imaginary crimes like blasphemy and apostasy are killing offenses.
Most secular liberals think that all religions are the same, and they consider any suggestion to the contrary a sign of bigotry. Somehow, this article of faith survives daily disconfirmation. Our language is largely to blame for this. As I have pointed out on many occasions, religion is a term like sports: some sports are peaceful but spectacularly dangerous (free solo rock climbing, street luge); some are safer but synonymous with violence (boxing, mixed martial arts); and some entail little more exertion or risk of serious injury than standing in the shower (bowling, badminton). To speak of sports as a generic activity makes it impossible to discuss what athletes actually do, or the physical attributes required to do it. What do all sports have in common, apart from breathing? Not much. The term religion is scarcely more useful.
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The Freedom to Offend “God”
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MILLER: Economic freedom the real antidote to Arab unrest
Posted: at 2:13 am
ANALYSIS/OPINION:
The recent attacks on U.S. diplomatic outposts in the Middle East are certainly disappointing, but the U.S. still has a big opportunity to exert a positive influence in the region. An often overlooked contributor to the regions highly combustible condition is a pervasive lack of economic opportunity and economic freedom. Our free market system is just what the region needs.
To date, the U.S. has struggled to find a policy that can simultaneously promote freedom and stability in the Arab world. The focus on democracy has produced little success. The jury is still out on the ultimate character of new regimes in Tunisia, Egypt and Libya, but the recent assaults on U.S. missions show that volatility and anti-Americanism remains high there.
Governments are tottering in Syria and Yemen, and massive U.S. interventions in Iraq and Afghanistan have failed to fully secure either peace or security. Thirty years of efforts to influence post-revolutionary Iran have left that country an international pariah and potential nuclear threat to its neighbors. Its not a pretty record.
The nub of the problem is that purely political revolutions are inherently destabilizing. From the reign of terror that followed the French Revolution right through the democratically installed Communist and Nazi regimes of 20th century Europe to the postcolonial dictators dominating Africa today, it is an unfortunate truth that political revolutions lead as often to tears as to utopia. We are crying in the Middle East today.
Economic liberalization offers a better path to revolutionary change. Free markets, based on the voluntary decisions of individuals, facilitate win-win transactions. Both sides gain, or else the interactions dont happen. Free markets require no central guide, and no government plan. When individuals can decide for themselves what to do, there is little need for collective action. You dont need a mob, or an officious and corrupt government bureaucrat, to influence the outcome or defend your interests.
It was an economic grievance that inspired Mohamed Bouazizi, a young Tunisian street vendor, to set himself on fire and, thus, spark the conflagration we know as the Arab Spring. What had frustrated Bouazizis attempts to earn a living was government regulation and corruption. The humiliation and helplessness he experienced is inflicted daily on millions of Arabs who live without economic freedom and any hope of betterment.
The Middle East lags in many areas of economic freedom. Overall unemployment in the region tops 10 percent, and for youth, its much worse. More than 25 percent of those younger than 25 cant find jobs.
A chapter in the latest Heritage Foundation Index of Economic Freedom explored the link between corruption and terrorism in the region and concluded that the motivation for terrorism is likely less about Islam against Western values and more about revenge against corrupt regimes in the Middle East.
If that is true, we are not going to help the people of the Middle East, or indeed preserve our own security, by fomenting political revolution, or by helping dictators resist it. We might succeed, however, by helping put Arab societies on the path to economic freedom. We can lower our own barriers to trade and encourage governments in the Middle East to do likewise. We can encourage reforms to open up investment, create jobs and empower individuals economically.
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MILLER: Economic freedom the real antidote to Arab unrest
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Copper, Gold Explorer Liberty Star Acquires More AZ State Mineral Exploration Permits on Tombstone Super Project …
Posted: at 2:13 am
TUCSON, Ariz.--(BUSINESS WIRE)--
Liberty Star Uranium & Metals Corp. (Liberty Star or the Company)(LBSR: OTCQB) has received word that application for Arizona State Mineral Exploration Permits (MEPs) within the Tombstone Super Project (TSP) have been accepted by the Arizona Department of Mines & Mineral Resources (ADMMR). Additionally, the Company has submitted Drill Permit applications to the ADMMR (July 2012) and has received comments back from the ADMMR allowing the Company to proceed with state mandated archeological reconnaissance over the proposed drill area in the Hay Mountain portion of the TSP.
Eight new state of Arizona MEPs (the state equivalent of federal mining claims) claims covering about 5.3 square miles comprise the new portion of MEPs adjacent to the current Hay Mountain land position area. These new MEPs are within the proposed ZTEM survey zone announced last month (NR 138).
James A. Briscoe James A. Briscoe, Professional Geologist, AZ CA CEO/Chief Geologist Liberty Star Uranium & Metals Corp.
About the Tombstone Super Project (TSP):
The TSP initially consisted of 33 unpatented federal lode mining claims over a projected covered porphyry copper mineral center in Cochise County, Ariz. In September 2011, more Arizona State Prospecting Permits (MEPs the AZ state equivalent of mining claims) covering approximately eight square miles were added after Liberty Stars geochemical survey discovered a large multimetal anomaly over an interpreted large covered porphyry copper mineral center within the larger TSP area. In 2011, SRK Consulting prepared three NI 43-101 compliant technical reports over Liberty Stars holdings. Each report recommended further exploration on the area. An extensive geochemical survey sample campaign with samples assayed for 64 elements revealed the presence of copper, gold, silver, lead, moly, zinc and several rare earth elements. Mining throughout the region began in the late 19th century and led to the rise of legendary boomtown Tombstone, Ariz. Many of the old mining sites, and what is now Liberty Stars previously unprospected land, reside within or adjacent to a large volcanic and intrusive geologic feature known as a caldera. These caldera structures are present throughout southern Arizona, making the region one of the richest porphyry copper areas on the planet. Visit the LBSR web site: http://www.libertystaruranium.com/
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Copper, Gold Explorer Liberty Star Acquires More AZ State Mineral Exploration Permits on Tombstone Super Project ...
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Liberty Media Still Neutral – Analyst Blog
Posted: at 2:13 am
Referenced Stocks: BKS, LMCA, LYV, SIRI
Liberty Media Corp. ( LMCA ) reported strong financial results for the second quarter of 2012 outpacing the Zacks Consensus Estimates. We believe the company's recent decision to spin-off Starz LLC segment will enable to it to raise its stake in SIRIUS XM Radio Inc. ( SIRI ), Barnes & Noble Inc. ( BKS ), and Live Nation Entertainment Inc. ( LYV ). We believe SIRIUS XM will be the key player in the company's growth story based on rising auto industry sales.Liberty Media is currently trying hard to take full control of SIRIUS XM.
Liberty Media has filed a new application to the U.S. Federal Communications Commission, in which the company stated its intention to acquire more than 50% of SIRIUS XM, so that it can take full control of the Board of SIRIUS XM. Liberty Media withdrew its previous application with FCC to de facto control SIRIUS XM. Instead, the company is now willing to get a full control. Liberty Media at present has 49.5% stake in SIRIUS XM's total outstanding shares. With nearly 23 million subscribers in its kitty, SIRIUS XM, the largest satellite radio service provider, is expected to generate huge financial synergies to Liberty Media over the long haul.
In November 2011, the company invested in Barnes & Noble. Management is pursuing a systematic share buy-back program to boost its shareholders' wealth. Meanwhile, the stock price has soared more than 77% in the last year and is currently trading at significant high multiples compared with S&P 500 and its peers with respect to several valuation metrics. We believe Liberty Media is currently fairly valued and maintain our Neutral recommendation.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
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Liberty Media Still Neutral - Analyst Blog
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Liberty Launches Assault on Sirius XM Shareholders
Posted: at 2:13 am
By Richard Saintvilus - September 19, 2012 | Tickers: LMCA, SIRI | 0 Comments
Richard is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.
Satellite radio Sirius XM (NASDAQ: SIRI) is on a short list of the most polarizing stocks on the market, as it has developed somewhat of a love-hate relationship with investors and analysts. Remarkably, even from its supporters or doubters, it remains one of the most misunderstood companies on Wall Street.
As a longtime subscriber of the service, I can tell you that there is a considerable amount of value in what Sirius offers. However, as an investor, trying to find the value in the stock is a tricky proposition particularly now, as it is under attack from many angles by Liberty Media (NASDAQ: LMCA). But things have gotten a little bit nastier, and it is investors that stand to lose.
Since hitting an intra-day low of $1.80 on June 25, there has not been many stocks that have performed better than Sirius. If you factor in its recent high of $2.64, the stock has appreciated almost 50% over the past 3 months. Except now we know why: Liberty has been on a buying spree as it aimed to take control of the company.
That, along with what I would consider a significant amount of short covering, has propelled the stock to heights that it has not seen since it pre-merger days. But it now appears that Sirius is poised to give up these gains. And Liberty has every intention of facilitating the fall.
Liberty once said that it would not convert its preferred shares of Sirius to common stock. However, we learned recently that it in fact converted 50% of these shares. While I dont want to be nave and suggest that somehow, "Libertys hand was forced," it likely didnt anticipate that Sirius would be playing so hard to get, either. This has been a part of Libertys plan and a card that it was prepared to play at the right opportunity. In a recent SEC filing, the company said as a result of the conversion, its stake in the Sirius has risen to 49.5%, while also owning roughly 32% of common shares. So what does this all mean?
What it means is that any further delay in this dance between the two companies is nothing more than postponing the inevitable. Sirius is now at the mercy of Liberty and what it wants to do - its all just a matter of time. Whats more the impact of Libertys conversion has caused a considerable amount of confusion with Sirius financial metrics. One day we woke up to Sirius having a P/E of 4; then, upon the conversion, various sources listed the P/E at 32. Not that Sirius has ever traded on fundamentals, but to the extent that investors might consider such factors within their investment/trading decisions, it becomes pretty significant.
So how much is Sirius really worth? What is its market cap? How much does it now earn per share? Will this force analysts to revise or restate projections. It is hard to answer these important questions after Liberty has essentially flooded the market with 1 billion extra shares essentially causing massive dilution. While Liberty has recently helped many investors by buying shares of Sirius on the open market, it has now announced that its holiday shopping season is ending early and now its time to return unwanted gifs.
For many investors, the logic has always been, if Liberty wants Sirius so bad, then they are going to have to pay a premium for it. I can only ask, really? Im curious to see if investors now still feel that same way. Liberty is operating by its own set of rules and its own timetable. That Liberty is also an investor in Sirius does not mean that it cares about the stock appreciating in value more than the other benefits Sirius offers such as its $8 billion in NOLs as well as assets that Liberty is able to leverage for gains in other areas of its holdings.
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Liberty Launches Assault on Sirius XM Shareholders
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