THE MARKETS

One of the country's busiest shopping streets has been closed as a man wearing gas canisters stormed into an office and threatened to blow himself up, it was reported. Tottenham Court Road in central London was closed after police received emergency calls at midday. Scotland Yard sent a hostage negotiator to the scene amid reports the man had held people hostage inside the building several floors up. Pictures emerged of computer and office equipment being thrown through one of the office windows. A police spokesman said it was "too early to say if the suspect was armed or indeed had taken any hostages" but businesses and nearby buildings were evacuated. Joaqam Ramus, who works at nearby Cafe Fresco, said before being evacuated: "There was talk of a bomb and somebody having a hostage in a building. "All Tottenham Court Road is closed and so are we - the police told us to shut. "We don't know what it is but it seems someone has a hostage."

Three men have been arrested and 36 criminal websites selling credit card information and other personal data shut down as part of a two-year international anti-fraud operation, police have confirmed. The Serious Organised Crime Agency (SOCA), working with the FBI and US Department of Justice, as well as authorities in Germany; the Netherlands; Ukraine; Australia and Romania, swooped after identifying the sites as specialising in selling card and bank details in bulk. The move comes as a blow to what is a growing black market for stolen financial data. Detectives estimated that the card information seized could have been used to extract more than £500m in total by fraudsters. SOCA claimed it has recovered more than two and a half million items of compromised personal and financial information over the past two years. “The authorities have shut down 36 websites but it is difficult to know how many other people had access to that data. They could spring back up somewhere else if a gang is not eradicated completely,” said Graham Cluley of internet security firm Sophos. He added: “This is big business and, just as in any legitimate company there are people who specialise in different things, so there are those who actually get their hands on the personal data and those who sell it on; they are not often the same person.” An investigation by The Independent last summer found that scammers were making a “comfortable living” getting their hands on sensitive information and selling it online. Card details were being offered for sale for between 4p and £60 per card – depending on the quality – according to one source in the business. Some cards would be sold with incomplete or unreliable information; others ready to use. Some of the card details for sale on the websites shut down by SOCA were being sold for as little as £2 each. Investigators said that the alleged fraudsters were using Automated Vending Carts, which allowed them to sell large quantities of stolen data. They are said to be a driver of the growth in banking fraud over the last 18 months because of the speed with which stolen data can be sold. Lee Miles, Head of Cyber Operations for SOCA said: “This operation is an excellent example of the level of international cooperation being focused on tackling online fraud. Our activities have saved business, online retailers and financial institutions potential fraud losses estimated at more than half a billion pounds, and at the same time protected thousands of individuals from the distress caused by being a victim of fraud or identity crime.” An alleged operator in Macedonia was one of those arrested, while two British men accused of buying the information were also detained. Britain’s Dedicated Cheque & Plastic Crime Unit also seized computers suspected of being used to commit fraud.

On recent campaign stops, President Obama has taken to summing up America's oil supply problem with the following statistic: We use 20 percent of the world's production, but only have 2 percent of its reserves. Then this past week, the president got pushback from Republicans, who are citing a new government study to allege we have closer to 26 percent of the world's supply. 

Who's right? Neither, really. Obama is talking about oil we know is there. Republicans are talking about oil we think is there. 

The president likes to refer to our so-called "proven" reserves -- oil that can be recovered with relative certainty given today's economic, technological, and regulatory constraints. It's oil that companies have already discovered, and that they can drill up profitably without breaking the law. Oil in areas where drilling is banned, such as the Arctic National Wildlife Refuge, isn't included. According to the U.S. Energy Information Administration's most recent estimates, the United States has roughly 20 billion barrels of these reserves, around 2 percent of the global total. But proven reserves are only a small part of the petroleum picture, and don't give us a very accurate picture of future supply. 

That's where the Republican criticism comes in. This week, the U.S. Geological Survey released a study of the world's "undiscovered, technically recoverable" oil resources. It sounds complicated, but is relatively simple. It's oil we haven't actually found, but believe is there based on geological studies, and think we can get at with current drilling technology, regardless of the legal or economic issues. The new survey did not include the United States, but Republicans have combined its results with previous estimates showing we have 198 billion barrels of this kind of oil. Here's a breakdown 

By this accounting, the world has about 763 billion "undiscovered" barrels of oil, of which roughly 26 percent indeed belongs to us. These figures don't include the actual reserves currently being drilled across the globe, which are quite significant. Saudi Arabia alone has about 262 billion proven barrels available. 

Now, here's where the USGS figures really fall short: They ignore a massive chunk of the world's oil potential future resources. The study looks at conventional oil. That's regular old black gold, the kind that made Jed Clampett and that nutjob from There Will Be Blood rich. But there are many other kinds of oil, which get lumped into a category called "unconventional  oil." That includes the billions of barrels of tar sands oil in Canada, heavy oil in Venezuela, and shale oil in North Dakota.* 

So Obama's numbers almost certainly underestimate the relative size of America's potential oil supply. The Republicans may be overestimating it. Or, depending on the kinds of unconventional oil discoveries we make in the coming years, they could be massively underestimating it too. But both sides are are oversimplifying the issue. Shocking, I know. 

The future is really here, people. We already got the doors that open doing swooooosh and now we are getting asteroid miners. For real. A group of billionaires and former NASA scientists will announce the first asteroid mining company in history. The group of investors and scientists on board this enterprise is impressive: ...including Google's Larry Page & Eric Schmidt, Ph.D.; film maker & explorer James Cameron; Chairman of Intentional Software Corporation and Microsoft's former Chief Software Architect Charles Simonyi, Ph.D.; Founder of Sherpalo and Google Board of Directors founding member K. Ram Shriram; and Chairman of Hillwood and The Perot Group Ross Perot, Jr. According to Planetary Resources, the name of the company, they "add trillions of dollars to the global GDP" and "help ensure humanity's prosperity." There are no details yet, but if they are going to do it, you can be this is doable. Harnessing the resources of asteroids is not crazy proposition. And you don't have to travel to the asteroid belt to grab them. There are many passing near Earth that may be accessible. In fact, there are already plenty of plans on scientists and engineers' drafting board. Needless to say, and despite the fact that it will probably take some years to achieve their goals, this is all extremely exciting. If they are successful, this could indeed solve many of our material needs. We will be covering the press conference live. It will be held in the Museum of Flight in Seattle on Tuesday, April 24 at 10:30am PDT.

Days after being rebuked by shareholders, Citigroup Inc Chief Executive Vikram Pandit and the bank's directors have been sued for allegedly awarding outsized pay to top executives. The complaint filed Thursday in Manhattan federal court accuses directors of breaching their fiduciary duties by awarding more than $54 million of compensation in 2011 to the executives, including $15 million to Pandit, though the bank's performance did not necessarily justify it. At Citigroup's annual meeting on Tuesday, about 55 percent of shareholders participating in an advisory vote rejected Pandit's pay package. That marked the first time that investors had rejected a compensation plan at a major U.S. bank. That vote "has cast doubt on the board's decision-making process, as well as the accuracy and truthfulness of its public statements," the complaint said. "Absent this (lawsuit), the majority will of the company's stockholders shall be rendered meaningless." Spokeswomen for Citigroup did not immediately respond to requests for comment. Shareholders won the right to vote on executive pay at most public companies under the 2010 Dodd-Frank Act. Many analysts remained skeptical the "say on pay" votes would matter much. Richard Parsons, a Citigroup director retiring as chairman of the New York-based bank, called the rejection of Pandit's pay package a "serious matter" that the board would address. Pandit was paid a symbolic $1 in 2010 and $128,741 in 2009. He had joined Citigroup in 2007 when the bank bought his hedge fund Old Lane Partners for $800 million. Citigroup is the nation's third-largest bank by assets. Thursday's lawsuit was brought by Stanley Moskal, a Citigroup shareholder. It seeks to force Pandit, Parsons and other Citigroup directors to pay damages to the bank, and for Citigroup to bolster internal controls.

It is an open secret that the center of global economy has been moving from the West towards the East. Financial experts say that the number of money bags in South-East Asia, China and Japan has increased considerably while North American millionaires and billionaires continue to experience nothing but losses. What does the future hold for Russia? The financial situation in the East has been more of less stable. The West continues to struggle with the debt crisis and tries to rescue several countries from bankruptcy. Many may wonder, how the developing countries managed to survive the devastating storm of the world economic crisis. It would be enough to recollect the year 1997, when all Asian markets literally collapsed. Nevertheless, the Asian countries have never stopped their attempts to win foreign capital. As a result, China, India and the countries of South-East Asia rose from the ashes in nearly two years and continued their triumphant recovery. The global list of billionaires can be an example to prove the decline of investors' interest in Europe and North America. City Private Bank, which services world's wealthiest people, confirmed that the number of multimillionaires in the Asian region would continue to grow during the upcoming five years (by approximately 37%). Print version Font Size Send to friend India is said to become the major exporter of men of fortune. For the time being, India has only two dollar billionaires. Russia may also become one of the leaders of the financial race. Russia's Alisher Usmanov is not included on the list of world's 20 richest men, but Forbes has already named him Russia's richest man. North America has to move over with its 17,000 multi-millionaires: the role of developing countries in global economy continues to grow. Many Asian countries will have to turn to Russia to provide its growing industry with fuel. One may assume that the center of global economy will move to Asia (between India and China) by 2050. Russia will only profit from the Asian economic boom. Needless to say that the Asians have not built their economies on the patriotism of their own citizens. Asia's economic rise began during the 1980s. In Japan, for example, the economic growth began with the development of such concerns as Mitsubishi, Mitsui, Yasuda and Sumitomo. Developing countries demonstrate an impressive growth of their economies with the help of the exports of raw materials. Investors also point out the rise of financial centers in the Asian countries. The Shanghai Stock Exchange, for example, is ranked sixth in the world on the capitalization of its companies. The stock index of the exchange grew by 303% after the international financial crisis. One should also take account of the huge markets of those countries and their contribution to the IPO. Local companies have attracted nearly $300 billion in the course of the placement of primary bonds. It is worthy of note that the BRICS countries accounted for 39 percent of that amount. Investors turn their heads to Asia and invest in China ($55 billion) and Eastern Europe ($276 billion).

Insurer Aviva is set to pull out of the US in a move that could cost the company around £1 billion, the Sunday Times reported. The newspaper said Aviva's chief executive Andrew Moss was expected to announce the sale of Aviva USA at an investor day on May 24. "The American life assurance business is likely to fetch no more than about £1 billion -- roughly half what the company paid for it six years ago," the broadsheet said. The planned sale is part of a change of strategy agreed between Moss and his incoming chairman John McFarlane, the paper added. Aviva, Britain's second biggest insurer and the sixth biggest worldwide, last month announced an 85 percent slump in annual net profits on exceptional charges and due to economic strains in Europe. The company has 36,600 employees worldwide and around 43 million customers.

Once known as the ‘baddest man on the planet’, his life has taken more than a few dark twists and turns.

But now Mike Tyson has for the first time revealed his lowest point ever in a searingly candid interview.

The former heavyweight champion said that back in 2009 he was in a hotel room with seven prostitutes, a morphine drip in his arm, a pile of cocaine and a bottle of cognac when he began to feel paranoid.

Candid: The former world champion gave his most honest interview yet - revealing the drug-fuelled night that made him turn his life around and get clean and sober

Convinced the women were trying to steal from him he started beating them up and threw them out - to stop them from 'taking his soul'.

‘It was the lowest point of a very low life, but it was my own knockout punch to clean up life, get whole, get well - and I haven’t done anything in three years now. 

‘I’m clean. I’m sober.’

Tyson’s recently swapped the boxing ring for the cabaret stage in a six night comedy show at the MGM Grand Casino in Las Vegas, where some of his biggest fights took place.

World Champion: Mike Tyson lands the knockout punch to the jaw of challenger Larry Holmes during fourth round of the World Heavyweight Championship in Atlantic City 1988

In an interview with Las Vegas Weekly to promote the show, he was asked to talk about the moment he realised he had to turn his life around.

Tyson, 45 said: ‘Laying in bed in a hotel room - I try never to be alone, even if it’s a prostitute, a dog. 

‘This is really dark. I am in my hotel suite, I’ve got seven women there, and I have a morphine drip, and I had my cocaine, and I had my (Viagra like pill) Cialis, I had my marijuana, I had the Hennessy, and I am at my lowest point because I got paranoid and I thought these women were trying to rob me and set me up. 

‘I started beating them. I was in a dark place. There was a purpose, though, because I didn’t want to give them any more of my soul.

‘So this is my devil, this is where I am, I am locked up alone. There is nobody there telling me that I’m doing too much. 

Troubled: Tyson's first marriage to actress Robin Givens fell apart amid allegations of him being violent - he is now married for the third time

Mug shot: In 1992 Tyson was jailed for raping Desiree Washington - a beauty pageant contestant - he was released from prison after three years

‘That is the devil, he won. I kicked them all out. So that was my lowest point. Oh, man. I am just very grateful to be here - my heart should have blown apart. I was sweating wide awake. No more cocaine. No more. Three years clean.’

In his turbulent life Tyson has been married three times, fathered eight children and became the youngest heavyweight champion the world has ever seen at just 20.

But fame ruined him and his troubled upbringing - his mother was a prostitute and he never knew his pimp father - came back to haunt him.

In the interview he claimed to have earned $300million in winnings but admitted that he was so bad with money he was ‘forced to live paycheck to paycheck’.

In 1992, three years after his first marriage to actress Robin Givens fell apart, he was jailed for six years for raping Desiree Washington, a contestant in the Miss Black America pageant.

Released having served three years, he fought Evander Holyfield in the fight that became one of the most notorious bouts in boxing history when he bit part of his opponent’s ear off.

Reflecting on his life Tyson told Las Vegas Weekly that he was now the happiest he has ever been, and is just trying to be a good husband to his third wife, and a good father to his children.

Tyson said: ‘In order to wear the crown, you have to have a miserable life, and that is the one that inherits the crown. 

‘I don’t know, you have to go from the worst to reach the best. I’m just that extreme type of person. That is who I am, the guy that has no limits.’

 The European Parliament has passed a resolution condemning a nationalisation that has strained relations between Spain and Argentina. Argentina has nationalised YPF, wiping out the Spanish firm Repsol's controlling-stake in the oil firm. The resolution asks the European Commission to consider a "partial suspension" of tariffs that benefit Argentine exports into the EU. Shares in Repsol has another decline, falling 2.3% on Friday. Over the week, Repsol stock has lost almost a fifth of its value. MEPs in the European Parliament said the institution "deplores" the decision taken by Argentina and describes it as an "attack on the exercise of free enterprise". Decisions such as that taken by the Argentine authorities "can put a strain on the climate of understanding and friendship needed to reach" a trade agreement between a South American bloc and the EU, it said. The resolution, which is non-binding, received 458 votes in favour, 71 against and 16 abstentions. 'Not valid' It also emerged that Repsol may be obliged to buy a minority shareholder's YPF stake if it ever lost majority control, which Repsol denied. Twenty-five percent of YPF is owned by Argentina's Eskenazi family through its firm, Peterson. Continue reading the main story Nationalising YPF Spain's Repsol has hitherto owned 57.4% of shares with 25.5% belonging to Argentina's Petersen, 0.02% to the Argentine government and 17% traded on stock exchanges The Argentine government proposes to seize 51% of the shares, all of which will be taken from Repsol's stake, leaving the Spanish firm with 6.4% The expropriated shares will in turn be divided between the Argentine government and provincial governors Following the expropriation, Petersen will retain its 25.5% stake and 17% of the shares will continue to be traded Argentina's risky energy seizure According to regulator filings of a 2008 agreement, Repsol must "maintain directly or indirectly through controlled companies an ownership interest greater than or equal to 50.1%". If it does not, Repsol is obliged to buy back the loans used to secure the Eskenazis' shares. But Repsol told the BBC that the expropriation of its stake in YPF had invalidated the agreement. "The agreement is not valid under Spanish law in these conditions," said Kristian Rix, a Repsol spokesman. "The law is unequivocal, there is no debate." Trade war brewing? Spain has threatened retaliation against Argentina over the forced nationalisation of oil firm YPF, raising the prospects of a trade war between the nations. Spanish Trade Secretary Jaime Garcia Legaz said the European Union would intervene over Argentina's seizure of YPF. Argentina is taking over 51% of YPF, wiping out Repsol's 57.4% majority stake. The move has wide support in Argentina but has provoked outrage in Spain. Spain's Foreign Minister Jose Manuel Garcia-Margallo said US Secretary of State Hillary Clinton had also offered support. Repsol has said it wants around $10bn (£6.2bn) for its stake in YPF, but Argentina has said it does not accept that valuation. YPF, Argentina's biggest oil company, was privatised in 1993. Last year it announced huge new finds of shale oil and gas.

 Rupert Murdoch's grip on his media empire was dramatically challenged yesterday after his company was labelled a "toxic shadow state" which launched a dirty tricks campaign against MPs and now faces a salvo of phone-hacking claims in the United States. On a tumultuous day for the media mogul, the lawyer who brought the first damages claims against the News of the World in Britain said he had uncovered new allegations of the use of "dark arts" by News Corp in America and was ready to file at least three phone-hacking lawsuits in the company's backyard. The sense of a legal net tightening around Mr Murdoch and News Corp was heightened by the announcement that he and his son James will testify separately next week before the Leveson Inquiry into press standards during three days of what is likely to be uncomfortable scrutiny of alleged widespread criminality in their British tabloid newspapers. In a separate development, the royal editor of The Sun became the latest journalist on the paper to be arrested on suspicion of making corrupt payments to public officials. The arrest coincided with the publication of an incendiary book on the scandal which levelled new accusations that the NOTW set out on an extraordinary campaign of intimidation of MPs to try to blunt their investigations into its alleged law breaking. Last night senior MPs called for News International (NI) to be investigated by the Commons for potential contempt of Parliament over the claims that members of the House of Commons Culture, Media and Sport Select Committee were targeted by attempts to dig dirt on their private lives. Dial M for Murdoch, written by the Labour MP Tom Watson and The Independent's Martin Hickman, also alleges that: l Rebekah Brooks, the former chief executive of NI, was bugged in her own office shortly before she resigned last summer over the phone hacking of Milly Dowler, the murdered schoolgirl. l On his release from prison, Glenn Mulcaire, the convicted NOTW hacker, allegedly was contracted to give security advice to a private security company, Quest, whose chairman is Lord Stevens, a former Commissioner of the Metropolitan Police. l NI intermediaries approached Mr Watson with a "deal" to "give him" former NOTW editor and Downing Street press chief Andy Coulson but that Ms Brooks was "sacred". NI, which runs Mr Murdoch's British newspapers, said it had no comment to make on the book. At a packed Westminster press conference, Mr Watson, who is a member of the Culture, Media and Sport committee, said the claim that the NOTW set out in 2009 to undermine the MPs investigating it came from Neville Thurlbeck, the NOTW's former chief reporter. In the book, Mr Thurlbeck, who has been arrested in connection with phone hacking, says: "An edict came down... and it was find out every single thing you can about every single member: who was gay, who had affairs, anything we can use." Mr Thurlbeck told The Independent last night that the order to target the MPs, which involved assigning two politicians each to a group of six reporters, had not originated from inside the paper but instead came from "elsewhere inside News International". He insisted that NOTW staff had been reluctant and there was a "degree of procrastination" before the plan was "suddenly and unexpectedly halted about 10 days later". Mr Watson, who has received an apology from NI after he was placed under surveillance, said he believed the campaign was nonetheless successful and had contributed to a decision by the media committee not to demand that Ms Brooks give evidence to it in 2010. He added: "Parliament was, in effect, intimidated. News International thought they could do this, that they could get away with it, that no one could touch them; and they actually did it, and it worked." Labelling News Corp a "toxic institution", he added: "We conclude that the web of influence which News Corporation spun in Britain, which effectively bent politicians, police and many others in public life to its will, amounted to a shadow state." Former Plaid Cymru MP Adam Price, who is gay and was a member of the DCMS committee, is described in the book as having been warned by a Conservative colleague that their private lives would be raked over if they called Ms Brooks to give evidence – "effectively they would delve into our personal lives in order to punish us". Hours after publication of the book, Mark Lewis, the lawyer who has doggedly pursued hacking claims, told a press conference in New York that he was investigating allegations of impropriety at Mr Murdoch's US media companies, including Fox News. He said a high-profile trip to America to prepare claims on behalf of victims whose phones were allegedly hacked on US soil had generated a slew of new allegations about wider use of "dark arts" to obtain private information. He said: "The investigation in the UK began with one claim by one client and look where it is now. While it starts in America with three cases, it seems likely it might end up with more." The allegations will provide an awkward backdrop for the Murdochs to their appearances before the Leveson Inquiry. Rupert Murdoch, who is the first witness before the inquiry to be scheduled for two days of testimony, will be questioned about practices in his British newspapers and whether he had knowledge of those activities. Chris Bryant last night confirmed that he would be asking Parliament to investigate the claims that NI carried out targeted intimidation. Royal editor of The Sun arrested The royal editor of The Sun was arrested yesterday after News Corp handed over information to detectives investigating alleged illegal payments to public officials. Duncan Larcombe, 36, who had previously worked as the newspaper's defence editor, was arrested during an early morning raid at his home in Kent on suspicion of conspiracy to corrupt and conspiracy to cause misconduct in a public office. Officers from Scotland Yard's Operation Elveden also arrested a 42-year-old former member of the armed forces and a woman, 38, at their home in Lancashire. All three were later released on bail. Mr Larcombe was the paper's royal correspondent from 2005 to 2009 before being appointed defence editor for 14 months. He returned to the royal beat last year and led the newspaper's coverage of the wedding of Kate Middleton and Prince William. He was the second Sun defence editor to be arrested during the police inquiry.

They say they want a temporary suspension while the crisis continues. Spain will being introducing border restrictions during the European Central Bank meeting in Barcelona at the start of May.Angela Merkel and Nicolás Sarkozy - The Interior Ministers of France and Germany have written a joint letter in which they call for the reform of, and ‘temporary suspension’ of the Schengen agreement which allows for the free movement between most member states of the EU. They say the change is necessary ‘to control the massive flow of immigrants’. The call comes just ahead of the 25th anniversary of the treaty this coming Monday, although many countries signed up in March 1995. France and Germany consider that a ‘temporary suspension’ is needed during the crisis, and Paris and Berlin speak of ‘provisional’ closure of frontiers, and only when a country in the Schengen space cannot control the flow of immigrants. They say they will give the details to their European partners at the next conference. Meanwhile Spain has announced the suspension of the Schengen Treaty and the re-establishing of frontier controls with France ahead of the European Central Bank meeting which is to be held in Barcelona on May 3. It has not yet been decided how long the border restriction will remain in place, but say it will allow the authorities to act if there is ‘a serious threat to public order or interior security’. The measure will only affect the frontiers between Spain and France from the Basque Country to Cataluña. Reports indicate that it was the Catalan Government to step up the controls in the face of possible disturbances and the arrival of anti-system protestors from other countries in Europe.

A study of mobile phone calls suggests that women call their spouse more than any other person. That changes as their daughters become old enough to have children, after which they become the most important person in their lives. The study has been published in the journal Scientific Reports. It also shows that men call their spouse most often for the first seven years of their relationship. They then shift their focus to other friends. The results come from an analysis of the texts of mobile phone calls of three million people. According to the study's co-author, Professor Robin Dunbar of Oxford University, UK, the investigation shows that pair-bonding is much more important to women than men. "It's the first really strong evidence that romantic relationships are driven by women," he told BBC News. "It's they who make the decision and once they have made their mind up, they just go for the poor bloke until he keels over and gives in!" But the data shows that women start to switch the preference of their best friend from about the mid-30s, and by the age of 45 a woman of a generation younger becomes the "new best friend", according to Professor Dunbar. Continue reading the main story “ Start Quote Human societies are moving back to a matriarchy” Prof Robin Dunbar Oxford University "What seems to happen is that women push the 'old man' out to become their second best friend, and he gets called much less often and all her attention is focussed on her daughters just at the point at which you are likely to see grandchildren arriving," he says. Prof Dunbar also claims that the findings suggest that human societies are moving away from a patriarchy back to a matriarchy. The aim of the project was to find out how close, intimate relationships vary over a lifetime. This kind of anthropological study is normally very difficult to do because it is hard for researchers to get such a big picture of people's lives. But by looking at an at an extremely large mobile phone database, they were able to track these changes extremely accurately. They had access to the age and sex of the callers, who between them made three billion calls and half a billion texts over a period of seven months. Intensely focussed The team wanted to find out how the gender preference of best friends, as defined by the frequency of the calling, changed over the course of a lifetime and differed between men and women. They found that men tend to choose a woman the same age as themselves - which the researchers presumed to be their girlfriend or wife - as a best friend much later in life than women do, and for a much shorter time. This occurs when they are in their early-30s, possibly during courtship, and stops after seven years or so. Women, however, choose a man of a similar age to be their best friend from the age of 20. He remains for about 15 years, after which time he's replaced by a daughter. The pendulum between the two sexes is swinging back towards women, says Prof Dunbar The researchers say that a woman's social world is intensely focussed a on one individual and will shift as a result of reproductive interests from being the mate to children and grandchildren. According to Prof Dunbar, the data suggests that "at root the important relationships are those between women and not those between men". "Men's relationships are too casual. They often function at a high level in a political sense, of course; but at the end of the day, the structure of society is driven by women, which is exactly what we see in primates," he explains. Many anthropologists argue that most human societies are patriarchal on the basis that in most communities men stay where they are born whereas the wives move. But Professor Dunbar and his colleagues are arguing that this only occurs in agriculturally based societies. "If you look at hunter-gatherers and you look at modern humans in modern post-industrial societies, we are much more matriarchal. It's almost as if the pendulum between the two sexes, power-wise, is swinging (back) as we move away from agriculture toward a knowledge-based economy," he says.

Type in "sex tourism" and "Brazil" in Google, and the first site that comes up is not a news report or academic study, but advice on going rates and how to hire prostitutes. But ahead of the 2014 World Cup and 2016 Olympics, officials are starting to clamp down on the country's image as a haven for sex tourism. Brazil's Tourism Ministry recently said it identified more than 2,000 sites advertising the South American giant's sex industry, many of them hosted in the US. To counter the reputation, the tourism ministry has stepped up efforts to advertise Brazil's natural beauties like beaches and the Amazon, instead of bodies for sale. And they have circulated information reminding visitors that sexual exploitation of minors is a crime.  Brazil's preventive efforts seem more crucial than ever after the scandal in Cartagena, Colombia, during the Sixth Summit of the Americas last weekend. Some 11 US Secret Service agents were sent home for allegedly hiring prostitutes in the steamy colonial city, also a major destination for sex tourism.  “Large events create an obvious clientele and traffickers recognize an opportunity to make money,” says Heather Smith-Cannoy, who teaches international relations at Lewis & Clark College in Portland, Oregon. “I think that in many places around the world there is a 'boys will be boys' attitude about the patronizing of prostitutes," Ms. Smith-Cannoy says. But when considering the combination of large profits for traffickers, and pimps or hustlers, and a relaxed cultural attitude about visiting prostitutes "we can begin to understand both the supply and the demand side of this industry,” says Smith-Cannoy. The trafficking–tourism link Sex “tourism" is nothing new. By some accounts it dates back to the 15th century, with Columbus's arrival to the Americas. As the middle class grew in industrialized nations, and the opportunities to travel with it, the formal industry was developed.  Prostitution is tolerated to varying degrees in Latin America, but it is the human trafficking associated with sex tourism, especially that of minors, that alarms officials most. (The case of Cartagena did not involve minors.) According to the Coalition Against Trafficking of Women and Girls in Latin America and the Caribbean (CATW-LAC), 500,000 women and girls from Latin America and the Caribbean are sexually exploited each year. Not all prostitution involves sex trafficking, a multibillion dollar industry, but the nongovernmental organization World Vision estimates that up to a quarter of women in prostitution have been trafficked.  At the same time, the majority of human trafficking victims — 79 percent — are brought into the sex trade, according to the United Nations. Countries in Asia, notably Thailand, have long been at the center of the problem, but Latin America is starting to play a larger role. “While most trafficking victims still appear to originate from South and Southeast Asia or the former Soviet Union, human trafficking is also a growing problem in Latin America,” writes Clare Ribando Seelke in a 2012 Congressional Research Service report. Poverty, displacement from rural areas, and increased demand for prostitution all play a role in the growth of sexual exploitation, says Humberto Rodriguez, the communication officer of Fundacion Renacer, a Colombia-based group that combats the sexual exploitation of youths in the country. Anywhere the tourism industry grows, he says, so does the opportunity for sexual tourism. 'Not enough is being done' Within sex tourism, the exploitation of children is the biggest concern.  According to the US State Department 2011 report on the trafficking of persons, Brazil, Costa Rica, the Dominican Republic, and Nicaragua all have significant child sex tourist industries. Colombia, it says, is also “a destination for foreign child sex tourists from the United States and Europe, particularly to coastal cities such as Cartagena and Barranquilla.” Countries around the globe have addressed the problem of human trafficking in general since the UN Protocol to Prevent, Suppress, and Punish Trafficking in Persons, Especially Women and Children, was adopted in 2000, but many say not enough is being done. The US State Department assesses efforts around the globe to combat human trafficking. In 2010, 80 percent of countries in South America were placed on the Tier 2 list, which means they were not fully complying with the US Trafficking Victims Protection Act, while 60 percent of countries in Central America and the Caribbean were on the Tier 2 Watch List. Cuba fell to the lowest level of cooperation, Tier 3. The State Department says that prostitution of children over 16 is legal in Cuba, leaving those over the legal age vulnerable to commercial sexual exploitation. Venezuela fell to Tier 3 in the 2011 report. Colombia sits on the Tier 1 list, and while the case of the US Secret Service agents does not fall into Fundacion Renacer's work — as it did not involve children — Mr. Rodriguez says the case may not have generated so much attention in the past. “People are paying attention to it now,” says Rodriguez. Through their work and an international certification program called The Code, which brings tourism operators into the fight to prevent the use of children in sex tourism, society in general is more aware of prostitution, he says. Efforts like these are particularly important as countries become hosts to big events like the Summit of the Americas, or as crises occur.  An increased demand for prostitution increases human sex trafficking rings, says Cannoy-Smith. She and a co-author have researched the impact of UN peacekeeping forces in Kosovo, Haiti, and Sierra Leone on trafficking. “When the UN intervenes in civil conflicts, the peacekeepers themselves have often been linked to running and patronizing trafficking rings,” Smith-Cannoy says. “Again, I think that poverty, desperation, the specter of large profits, and relaxed cultural attitudes make these dynamics possible.”

They don't spread disease and they can't be sold into sex slavery. Those are just two of the advantages of robot prostitutes, which will be edging out their human competition in the sex tourism market by the year 2050, according to an article published in the journal Futures. The Dominion Post, which found the study, writes that sex tourists will shell out about $10,000 Euros for services ranging from massages and lap dances to intercourse, according to the article. The researchers lay out why this scenario will be the future of sex tourism: Human trafficking, sexual transmitted diseases, beauty and physical perfection, pleasure for sex toys, emotional connection to robots and the importance of sex in Amsterdam are all driving forces. But some are not so sure that robots will be replacing female sex workers any time soon. CBS Las Vegas spoke to Dennis Hof, owner of the Moonlite Bunny Ranch in Carson City, Nev. “Those Australian researchers ought to come to the Bunny Ranch to see what real American sex is like – there’s no way to duplicate it,” Hof told CBS Las Vegas. “At the Bunny Ranch, we say ‘it’s not just the sex, it’s an adventure’ – and often times it’s more about the adventure than it is the sex.”

Rap mogul and entrepreneur Sean 'Diddy' Combs has topped Forbes magazine's annual hip-hop rich list. The star is worth $550 million, according to the publication. New dad Jay-Z comes in second with an estimated $460 million fortune. Coachella festival headliner Dr. Dre, Bryan 'Birdman' Williams and 50 Cent round out the top five.

Qatar signed a deal Monday to buy the operator of four luxury resorts and other properties on the island of Sardinia as the wealthy Gulf emirate looks to bolster ties with Italy. The purchase coincided with a visit to Rome by the country’s emir. It is the latest deal in a European shopping spree that has given the natural-gas rich state a stake in European banks, energy companies and some of the continent’s best known brands. 0 Comments Weigh InCorrections? Personal Post State-owned Qatar Holding, an arm of the country’s sovereign wealth fund, said it will acquire resort operator Smeralda Holding from Los Angeles-based real estate investment firm Colony Capital. The deal includes the Cala di Volpe, Pitrizza, Romazzino and Cervo hotels, a marina and shipyard, a golf club and a 51 percent interest in 2,290 hectares (5,660 acres) of undeveloped land nearby. Qatar Holding plans to keep Smeralda’s existing management, and said Starwood Hotels and Resorts Worldwide Inc. will continue to run the hotels. Financial terms were not disclosed. The deal must still be approved by Italian regulators. The deal was announced as Italian Premier Mario Monti held talks with Qatar’s emir Sheik Hamad bin Khalifa Al Thani at a government villa in Rome. Monti hailed the visit as way for the countries to strengthen their friendship. “I am very happy for this meeting because it was (an) occasion to consolidate a strategic relationship between the two countries,” Monti told a news conference after the talks. The emir told reporters that Qatar’s sovereign fund is looking for ways to invest in Italy. When asked what factors discouraged investment in Italy, the emir said “corruption, first of all,” according to Monti. Among the accords signed Monday was one aimed at boosting efforts to fight graft and crime. Another raises the number of passenger flights between the countries from 14 to 35 weekly, and cargo flights from two to seven, Monti said. Monti promised Italian help to Qatar as it prepares to host soccer’s 2022 World Cup. “Italy has unique know-how and can contribute to the success” of the sporting event, the Italian leader said. Over the past several years, Qatar has used its vast energy wealth to amass a diverse portfolio of European properties. Its holdings on the continent include stakes in Barclays PLC, Credit Suisse Group, Volkswagen AG, and the London Stock Exchange. It acquired stakes in Spanish power utility Iberdrola SA and electric company Energias de Portugal last year. Qatari investors control French soccer team Paris Saint-Germain and Spanish club Malaga, while the logo of state-sponsored nonprofit Qatar Foundation graces the jerseys of another Spanish team, Barcelona.

Yahoo confirmed earlier today that it fired 2,000 employees -- or, about 14% of its global workforce. The hardest hit divisions? Product, marketing, research, and international.  Taking Yahoo in a new direction, CEO Scott Thompson wants to focus on core media and communications, platforms, and data. Platforms? We don't really know what he means by that either.

If the end of the world happens, I want to have long-(dated) Treasuries, canned green peas, and small firearms." Those are the words of economist and former PIMCO guy Paul McCulley on Consuelo Mack Wealthtrack, which we took notes on here. The reason Treasury yields have gone up a little lately is that people see the end of the world being less likely than they did fairly recently, when the Eurozone crisis threatened to torpedo the global economy. What's funny is that the canned green pease/firearms thing is pretty common among doomers. The wildcard is Treasuries: Usually you hear people say that gold is the third thing they'd have in that armageddon portfolio. Over all, a big theme of the interview is that he (and Bill Miller, who he was also being interview with) is really not a fan of Treasuries, and that a short-10-year/long-S&P trade is something he'd be inclined to do.

 Planet Pepper, a two-man company based in New York’s Garment District, makes the most whimsical costumes on display at drag shows across the city. Take a look inside the studio > Founded by Broadway costume designer Alex Bartlett and entrepreneur Vincent Cuccia, Planet Pepper is a study in turning a niche passion into a business. Bartlett hand-makes the clothes — from $140 dresses to $2000 tuxedos — while Cuccia handles the business side. They’ve doubled revenue every year since they started out in 2009, taking in just under $100,000 in 2011. “There are tricks to get the eyes seeing a waist and hips when they’re not there.” “I don’t know if you’ve ever seen a drag queen, but some of them are quite heavy set,” Cuccia tells us. So Planet Pepper’s lavish costumes are feats of engineering: metal frames prop up improbable shapes and artful padding turns muscular men into curvy characters. Bartlett, speaking in their studio on the 10th floor of a building on West 39th Street, explains how he creates the illusion: “There are tricks to get the eyes seeing a waist and hips when they’re not there,” he says. “You have to cheat some things and fake some things.” Take a look inside the studio > Bartlett was on a brief break: he was halfway through making 50 costumes for New York’s biggest drag ball, 'Night Of A Thousand Gowns'. During one visit, one minute he was soldering together a metal frame for a collar, then he was fitting a flowy red organza jacket on a client. Even when the chaos died down, he’d still be busy: Bartlett also works as a wardrobe supervisor at the Lincoln Center, and his design skills made him a fixture on Bravo reality TV show ‘Mad Fashion.’ Yepoka Yeebo/Business Insider Co-founder Alex Bartlett fits a customer. “There’s virtually no research on drag queens and their buying habits.” Cuccia says that when he sat down to write a business plan, he realized the only other people making dresses for drag queens were little old ladies: “Or drag queens were going to JC Penney or Macy’s and sneaking into the dressing rooms to try on dresses. There’s virtually no research on drag queens and their buying habits. We’re lucky that Alex [Bartlett] does drag and knows a lot about drag queens.” Cuccia, who also teaches business classes at Brooklyn College, says he always wanted to be an entrepreneur. “I have authority issues,” he deadpans. He found a $15,000 grant, and set about looking for a business to start. At the time, he was dating Bartlett, who had been making dresses for drag queens as a side-hustle. He was working out of his tiny studio apartment, which was crammed with sewing equipment and clothes. There were dozens of huge, styled wigs lined up on top of the kitchen cabinets, and there’d usually be a sink full of dirty dishes and two roaming cats. The set-up was minimal, but every time Cuccia would visit, customers would rave about Bartlett’s creations. He had inadvertently spent a decade building a loyal customer base with bare-bones costs: it was a strong starting point for a new company. “Initially I thought in 20 years, we’ll be a household name.” “The next phase is making lots of money,” said Bartlett. “We have to figure that part out.” Cuccia said he slowly realized that’s the biggest conundrum: “Initially I thought in 20 years, we’ll be a household name,” he said, explaining that he planned to go big. But the more he learned about the fashion industry, the more realistic his plans got. “It’s still a tough realization,” said Cuccia. “We’re probably not going to be an IBM or a Prada,” he added. “We’re really just an answer to a niche market.”

Justin Watt, a Web engineer, was browsing the Web in his room at the Courtyard Marriott in Midtown Manhattan this week when he saw something strange. On his personal blog, a mysterious gap was appearing at the top of the page. After some sleuthing, Mr. Watt, who has a background in developing Web advertising tools, realized that the quirk was not confined to his site. The hotel’s Internet service was secretly injecting lines of code into every page he visited, code that could allow it to insert ads into any Web page without the knowledge of the site visitor or the page’s creator. (He did not actually see any such ads.) Mr. Watt posted about the discovery on his blog, and that soon spawned a conversation on Hacker News, a discussion site for tech topics, about the ethics of this technique. One commenter described it as “icky,” and another asked, “Why aren’t they putting ads in my pillow?” Mr. Watt had strong feelings about it himself. He said in an interview that he had never seen an Internet provider modifying Web pages that a person visits. “Imagine the U.S.P.S., or FedEx, for that matter, opening your Amazon boxes and injecting ads into the packages,” Mr. Watt said. A test of the Courtyard Marriott’s wireless network on Friday verified Mr. Watt’s claims. The code was embedded in the pages of several Web sites visited, including Reddit, GigaOM and TechMeme. The lines of code include references to “rxg,” which stands for Revenue eXtraction Gateway, a service aimed at generating money from Internet access points. On its Web site, a company called RG Nets, which makes Revenue eXtraction Gateway, explains that its system rewrites every Web page on the fly so that it can include a banner ad. “As you can see, the pervasive nature of the advertising banner on all Web pages guarantees banner advertising impression,” a narrator says in the video. An online store selling the hardware to provide this service even lists “Web experience manipulation” as a feature. It is not clear whether the technology is in use at any other Marriott hotels. The Courtyard Marriott’s marketing director referred inquiries to Marriott’s New York office, where a spokeswoman said she would have to talk to the national office. The automated phone system for RG Nets quickly hung up on calls, and the company did not immediately respond to an e-mail. Even though this ad-serving system was apparently not serving ads, it was the principle of the thing that upset the online critics. Mr. Watt said that the technique not only affected people browsing the Web, but also the content creators, because they would not get a cut of the revenue and their own ads could be blocked. “Imagine the hotel delivering complimentary issues of The New York Times to every room, except some articles have been accidentally blacked out, all the ads have been cut out, and on every page there’s a new ad that’s been stuck on top,” he said.

77-year-old Greek man has committed suicide in central Athens by the nation’s parliament, shooting himself with a handgun in apparent financial desperation. Eyewitness reports say that the man shouted “So I won’t leave debts for my children” before turning the gun on himself. Others claimed he said nothing. Greek state media reports the man left a suicide note saying “The Tsolakoglou government has annihilated all traces for my survival. And since I cannot find justice, I cannot find another means to react besides putting a decent end [to my life], before I start searching the garbage for food." Georgios Tsolakoglou headed the Greek collaborationist government during the German occupation of Greece in the Second World War. The note has been widely regarded as drawing a parallel between Lucas Papademos’ current collaborationist government and Tsolakoglou’s regime because of the economic crisis in the country. The incident occurred around 9 am (local time) in Syntagma Square, just outside a metro station, when the area was filled with people and commuters. The man took his life behind a big tree, which concealed him from most eyes. Two people sitting on a bench some 10 meters away have been questioned by the police. An investigation into a motive has been opened. The pensioner, whose name is not yet released, appears to have been a pharmacist who owned a drugstore in Athens, which he later had to sell, Lourantos Costas, the head of the Attica Pharmacist’s Association told the Greek daily The City Press. The shocked Greek community is issuing calls for a "Syntagma afternoon" later on Wednesday. Motorcyclists are planning a protest ride around the capital starting at 17:30 local time (14:30 GMT). ‘Who’s next?’ People are bringing flowers to the tree under which the desperate old man took his own life. They also leave messages on the tree: "Austerity kills," "Not a suicide; a murder” or “Who’s gonna be next?” The number of suicides has dramatically increased in the country since the beginning of the economic crisis, shows data released by the Greek Health Ministry. Prior to the economic downturn Greece had the lowest suicide rate in Europe at 2.8 for every 100,000 inhabitants. Now, this figure has almost doubled, with police reporting over 600 suicide cases in 2010 and 2011 respectively. Attempted suicides are also on the up. Just on Tuesday, a 38-year-old Albanian man killed himself on the island of Crete. He had been unemployed for some time. The financial hardship made him jump off his second-floor balcony, reported local news. The private sector is proving to be no safe haven either, as in the last few months several businessmen have fatally shot themselves. To secure loan payments to foreign investors, Greece has been forced to drastically cut state spending by slashing public salaries and pensions by almost 40 per cent, while the unemployment rate has hit 21 per cent. But so far the Greek government has failed to pull the country out of its three-year economic downturn and continues to rack up austerity measures to qualify for EU bailout packages.

U.S. Food and Drug Administration issued new safety information about these cholesterol-lowering drugs that are prescribed to millions of Americans to lower the risk of heart disease. If you're among them, you should understand what the FDA's new guidance means for your health. "Before anyone gets too concerned, you should know that statins are so widely used because they have a long track record of safety and effectiveness," says Dr. Mark Taber, a cardiologist with SSM Heart Institute at St. Joseph Health Center. "All in all, statins have a very high benefit to risk ratio. The widespread use of the drugs, when indicated, probably accounts to a significant degree for the improvement in life expectancy in this country." The FDA called attention to the threat of liver damage as a rare side effect of statins and advised that regular liver enzyme testing is no longer considered useful in predicting or preventing liver injury. "Actually, in general they liberalized the follow up needed for liver function tests on patients taking statins, due to the very low incidence of true liver issues," Taber says. The main warnings related to a slightly higher incidence of developing diabetes while on statins, and a poorly substantiated claim that statins could result in cognitive impairment. Taber points out that cognitive problems, such as confusion or memory problems, were not documented in clinical studies, only by patient reports to the FDA website. "By stating these concerns, the FDA is raising awareness about the potential side effects of statins, but cardiologists already know that there are inherent risks, and we monitor patients appropriately to help ensure that side effects do not occur or are dealt with quickly," Taber notes. "If there is any evidence of a side effect that could be problematic, we can change the medication. But the fact remains that it's important to decrease risk of heart disease, and for many people statins are needed when diet and exercise alone don't result in acceptable cholesterol levels." Whenever a new prescription medication is started, you should look over the package insert to learn about potential side effects. Signs of liver damage, for instance, include fatigue, loss of appetite, right upper abdominal pain, dark urine and jaundice. Any of these symptoms should be reported to your doctor for evaluation. It is important to remember that you should not stop taking a medication without consulting your doctor first. Discontinuing use of a prescribed drug can be far more dangerous than the side effect you're worried about. "All the side effects listed by the FDA are rare, and the risk of heart attack is far more concerning," Taber says. "Some patients may need extra monitoring or may need to try more than one statin before we find the optimal choice, but in general statins are very well tolerated and don't cause problems for the people who take them." The advice above is universal when it comes to your health. Concerns should be discussed with your doctor, and decisions should always be made as part of a team approach to creating a healthy life.

John Holliday had been on a higher 40mg dose of cholesterol pills for only a few weeks when he started to lose his concentration. ‘I’d be watching TV and suddenly find myself unable to follow the plot of a drama,’ says John, 52, a telecoms project manager who lives in Southend-on-Sea, Essex, with his wife Jill, 51, and their two children Adam, 20, and Emma, 16. ‘I’d have to read the same page of a book over and over because I couldn’t take any information in. ‘I’d always been known for my amazing memory — I was great on trivia and had total recall of events that happened 20 years ago, but suddenly I couldn’t remember things and my brain felt fuzzy.’ Just like up to seven million other people in Britain, John had been prescribed a statin to lower his blood cholesterol levels. The drugs are credited by the British Heart Foundation as contributing towards the dramatic 50 per cent fall in deaths from heart attacks in the past ten years. But while there is consensus that statins are lifesavers for people who have previously had a heart attack, concern is growing over their debilitating side-effects. They include muscle weakness, depression, sleep disturbance, sexual dysfunction, muscle pain and damage, gastro-intestinal problems, headaches, joint pains and nausea. Now, official bodies here and in the U.S. have ordered that the drugs must carry warnings for cognitive problems, too. Worryingly, it’s claimed GPs are failing to warn patients of the effect statins can have on the mind — meaning they may mistake them for signs of ageing or Alzheimer’s. ‘When I went back to my doctor after six weeks for a blood test, I told him how dreadful I was feeling,’ says John. ‘But he just said all drugs had side-effects and didn’t mention reducing the dose.’ It's claimed GPs are failing to warn patients of the effect statins can have on the mind - meaning they may mistake them for signs of ageing or Alzheimer's Things came to a head when a friend showed John an electrical circuit he’d built for his car. ‘I’d worked with circuits since I was 16 but it made no sense,’ he says. So John insisted on seeing his doctor again and repeated his concerns about his rapidly declining memory. This time the GP told him he could start on another type of statin when he felt well enough, and so John stopped taking the drugs immediately. ‘It took a few months, but gradually my memory returned and I’ve got my concentration back. I can’t say for sure statins caused these problems, but it seems like too much of a coincidence.’ Earlier this year, the Food and Drug Administration (FDA) in the U.S. ordered statins must carry warnings that some users have reported cognitive problems including memory loss, forgetfulness and confusion. This followed a decision by the UK’s Medicines Healthcare Regulatory Agency (MHRA) to add memory problems to the list of  possible statin side-effects in late 2009. The FDA said reports about the symptoms were from across all statin products and age groups. Those affected reported feeling fuzzy or unfocused in their thought process — though these were found to be rare and reversible. The FDA also warned, following U.S. research, that patients on statins had a small excess risk of developing Type 2 diabetes — but stressed that the benefits of taking a statin still outweigh this. The MHRA had 2,675 reports for adverse drug reactions connected with statins between 2007 and 2011. Officially, side-effects are rare —affecting only 1 per cent of people on the pills — but some doctors say they are under-reported. Dr Malcolm Kendrick, a GP and author of The Great Cholesterol Con, says he frequently sees patients suffering from mental confusion in his job in hospital intermediary care for the elderly. ‘Many of the patients I see will have been admitted to hospital after a fall or similar crisis,’ he says. ‘If they appear confused I’ll often advise taking them off statins to see if it has any effect — in my experience, about 10 to 15 per cent of people who appeared to have memory problems experienced an improvement in their memory symptoms after being taken off the drug. ‘I had one dramatic case where a lady was admitted to hospital on 40mg a day of simvastatin with such poor memory function her family asked me about power of attorney. 'I suggested taking her off statins and within a week her memory had returned to normal. She went home a fit and independent 83-year-old.’ Dr Kendrick says cholesterol is the main constituent of synapses (structures that allow signals to pass between brain cells and to create new memories) and is essential for brain function. ‘It is still not proven that statins have a significant effect on mortality — it has been calculated that a man who has had a heart attack who took a statin for five years would extend his life by only 14 days. 'Too many statins are being given to people at low risk. ‘Even in the highest risk group you need to treat 200 people a year with statins to delay just one death. 'One day the harm these drugs are doing is going to be obvious — the benefits are being over-hyped and the risks swept under the carpet.’ While Dr Kendrick’s controversial view is in the minority, one large review of 14 studies by the London School of Hygiene and Tropical Medicine, published by the highly respected Cochrane Library last year, concluded there was ‘little evidence’ cholesterol-lowering drugs protect people who are not at risk of heart disease. This review has been criticised by other doctors who say side-effects are rare and that there are still benefits even for people at lower risk who do not have established heart disease. These defenders of statins include Professor Colin Baigent of the Clinical Trial Service at Oxford University, who published research in 2010 showing statins reduced deaths from all causes by 10 per cent over five years. ‘There is relatively little evidence of cognitive impairment — what evidence there is all comes from observational studies.  ‘People read about side-effects and then put two and two together and blame the statins for their muscle pain or other health problems — it’s just not reliable evidence. ‘If you look at the best-quality randomised controlled trial where patients don’t know if they are taking a statin or placebo, there is no evidence of memory problems. 'Even the FDA says the risks of cognitive problems are very small and go away when statins are discontinued. ‘We’re in danger of forgetting just how effective these drugs are.’ Dr Dermot Neely of the charity Heart UK, and lead consultant at the Lipid and Metabolic Clinic at the Royal Victoria Infirmary in Newcastle, agrees side-effects with statins are rare. ‘I’ve been dealing with patients on statins since 1987 and I can count on the fingers of one hand the number whose memory symptoms turned out to be caused by statins.’ However, he said he often saw patients who had not been told about side-effects. ‘It’s important GPs are clear about the drugs statins can interact with, such as certain antibiotics, as this can get overlooked. ‘If a patient notices an adverse effect after starting statins, they should discuss this with their GP —but not stop their drugs suddenly because this can be dangerous.’ Sonya Porter, 73, decided to stop taking statins after her memory problems became so bad that she walked away from a cashpoint leaving her money behind. ‘I was permanently fuzzy-headed and just couldn’t seem to concentrate,’ says Sonya, a retired PA from Woking, Surrey. Then I started to get scared I might have Alzheimer’s. After reading about memory problems associated with statins, I thought it was at least a possibility. I decided to come off the pills to see if it made any difference. ‘I didn’t ask my GP, I just did it — I’d rather die of a heart attack than Alzheimer’s disease. Within a month I felt normal again and didn’t have any problems with memory. ‘I’m terrified that I could have been misdiagnosed with Alzheimer’s.’ John Holliday is also reluctant to go back on statins. ‘I wouldn’t rule it out completely — my latest test showed my cholesterol levels have gone up,’ he says. ‘But on balance, I’d rather take my chances with heart disease than feel as confused as that again. It’s all very well living slightly longer — but it’s about quality of life, too.’

The British government wants to expand its powers to monitor email exchanges and website visits, The Sunday Times reported. Internet companies would be instructed to install hardware to allow the Government Communications Headquarters (GCHQ) to go through "on demand" every text message and email sent, websites accessed and phone calls made "in real time, the paper said. The plans are expected to be unveiled next month. The Home Office said ministers were preparing to legislate "as soon as parliamentary time allows" but said the data to be monitored would not include content. "It is vital that police and security services are able to obtain communications data in certain circumstances to investigate serious crime and terrorism and to protect the public," a spokesman said. "We need to take action to maintain the continued availability of communications data as technology changes. "Communications data includes time, duration and dialling numbers of a phone call, or an email address. "It does not include the content of any phone call or email and it is not the intention of government to make changes to the existing legal basis for the interception of communications." An attempt to bring in similar measures was abandoned by the Labour government in 2006 amid strong opposition. However, ministers in the Conservative-Liberal Democrat coalition government believe it is essential that the police and security services have access to such communications data in order to tackle terrorism and protect the public. The plans would not allow GCHQ to access the content of communications without a warrant. However, they would enable the agency to trace whom a group or individual had contacted, how often and for how long, the report said.