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News Feed Latest worldwide news Sarajevo film festival faces deep spending cuts SARAJEVO (Reuters) - The Sarajevo Film Festival (SFF), the largest movie competition in the Balkans, will open on August 16 and showcase 214 films, but this year's edition faces deep budget cuts which organizers blamed on the political and economic crisis in Bosnia. Northrop beats out Raytheon for F-16 radar upgrade deal contract WASHINGTON, July 31 (Reuters) - Northrop Grumman Corp on Wednesday said it had won a contract from Lockheed Martin Corp to upgrade the radar systems on the F-16 fighters jets for the U.S. Air Force and Taiwan. Growing crops in the desert In the scorching desert of Qatar, scientists are showing that saltwater can be used to help grow crops. Warrantless Cellphone Tracking Is Upheld The ruling is the first to address the constitutionality of warrantless searches of historical location data stored by cellphone service providers. Police UM's Henderson Appeared to Have Drugs The Oxford police chief says Mississippi guard Marshall Henderson appeared to be in possession of a small amount of marijuana and cocaine during a traffic stop in May. Egypt's rulers want to break up Brotherhood vigils CAIRO (Reuters) - Egypt faced the prospect of fresh bloodshed on Thursday after the country's army-backed rulers signaled they would move soon to disperse thousands of supporters of deposed Islamist President Mohamed Mursi. GLOBAL MARKETS-Tense for China test, after Fed settles nothing SYDNEY, Aug 1 (Reuters) - Asian markets got off to an indecisive start on Thursday after the Federal Reserve provided little clarity on the outlook for U.S. stimulus, leaving investors hostage to... U.N. Warns It Will Disarm Congo Rebels In an uncharacteristically stern warning, the United Nations ordered individuals near the eastern city of Goma to turn in their weapons or be deemed an imminent threat to civilians. Sea this Inside $200m yacht hotel With land at a premium, an increasing number of developers are turning to floating hotels. Introducing Gibraltar's new $200m five-star yacht hotel. ArtsBeat Alvin Ailey Announces New Season Starting in December, the Alvin Ailey American Dance Theaters season will include the world premiere of an untitled work by Aszure Barton. NASA pushing to keep 'space taxi' competition going * Three firms have NASA backing to develop human spaceships N.F.L. Television Pioneer to Step Down Next Year Steve Bornstein, who secured coverage of N.F.L. games for ESPN and helped establish the NFL Network, will step down in the spring of 2014. Happy 70th birthday, Mick! What a drag it is getting old. U.S. Morning Call Facebook cents away from $38 IPO price July 31 - Facebook's stock is just pennies shy of its $38 debut price for the first time since its rocky initial public offering more than a year ago. UPDATE 3-Obama defends Summers as he mulls Fed pick WASHINGTON, July 31 (Reuters) - U.S. President Barack Obama defended Lawrence Summers on Wednesday in the face of concerns by fellow Democrats that the president may name his former economic adviser as chairman of the Federal Reserve, lawmakers said. ArtsBeat The Consolations of a Schubert Sonata Surplus Pondering the happy results of listening to three performances of Schuberts final piano sonata, the B flat, in one week. T Magazine About Last Night | Hot Rods and Hot Nights at a Hamptons Party for Kenny Scharf An opening for the artist Kenny Scharf, which brought out Cindy Sherman, Calvin Klein, Patrick Demarchelier and others, offered a playful respite from the seriousness of the Hamptons party circuit. Emily Triebwasser, Matthew Bandelt The bride is a high school English teacher; the groom is pursing a Ph.D. in civil and environmental engineering. Art on a Grand Scale Walter De Marias multifaceted achievement and sly Dadaist humor helped give rise to earthworks, Conceptual Art and Minimal art. The Lede Reaction to the Manning Verdict Pfc. Bradley Manning was an Army intelligence analyst who provided some 700,000 secret documents to WikiLeaks. Guardiola Experiments as Bayern Munich Beats Barcelona Pep Guardiola, still working his way into his new job at Bayern Munich, made sweeping role changes, and his club beat his former club, Barcelona, 2-0, in a friendly. Odd Fox News Interview Lifts Reza Aslans Biography on Jesus A Fox News interviewer awkwardly questioned the Muslim author on why he had written about Jesus, and sales of his book, Zealot, surged once the video caught fire online. This is Z10, the first BlackBerry 10 handset Research In Motion is no more! BlackBerry is the new company name and the Z10 is the first BlackBerry 10 handset. Here's a quick overview of the new phone. To Make It Up to Rowling, Law Firm Makes a Donation Russells, the law firm responsible for revealing that J.K. Rowling wrote a mystery novel under a pen name, also apologized to her. T Magazine In Store | French Satchels Make Their Debut Stateside On the recommendation of Narciso Rodriguez, Barneys New York picked up exclusive handbags from the French leather-goods house Moreau-Paris. Yemeni girl protests child marriage In a nearly two-and-a-half-minute video, which was uploaded to YouTube and quickly went viral, Nada, 11, accuses her parents of trying to get her married off in exchange for money. Hamilton's first Mercedes win Lewis Hamilton revives his world title hopes with a storming drive in Hungary. Aresco American Expects Inclusion at Top Level With change on the horizon for college sports, American Athletic Conference Commissioner Mike Aresco wants everyone to know his league has the resources and the will to be included with the top football conferences in the country. First glimpse of the royal baby CNN's Christiane Amanpour talks about the first glimpse of the royal baby with CNN's Max Foster. Sorrell Strong leadership is crucial Martin Sorrell on the Eurozone crisis and how he operates WPP, the world's leading marketing and communications group. COMMODITIES-Mostly up on Fed, US data; corn, soy slump for July NEW YORK, July 31 (Reuters) - Metals, oil and crop prices mostly rose on Wednesday on bullish U.S. data and the likelihood of ongoing Federal Reserve stimulus, although corn and soybeans posted steep monthly losses as July trade ended. U.S. corn fell nearly 27 percent on the month, its most in 17 years, following expectations earlier in the month about a looming big harvest. Soybeans lost 12 percent for July, the biggest monthly decline since September 2011. The Fed helped send prices of A Race to Save the Orange by Altering Its DNA Growers turned to genetics in hopes of building a tougher orange tree. But would the public accept genetically modified food? Sinclair Group Is Buying 7 Allbritton TV Stations The price was $985 million, nearly $100 million more than initial predictions by analysts. GLOBAL MARKETS-U.S. stocks rise on Fed statement; dollar pares gain * Shares set for stellar July on loose central bank policies Whats on Monday Television highlights. A Month in the Country, as Experienced at Age 20 The chief dance critic of The New York Times recalls being mesmerized by Lynn Seymour and Anthony Dowell in Frederick Ashtons ballet A Month in the Country, introduced in 1976. Well Scientists Seek to Rein In Diagnoses of Cancer Some of the top scientists in cancer research are recommending sweeping changes in the approach to detection and treatment, including eliminating the word cancer entirely from some common diagnoses. UPDATE 2-BBC to shrink as it shares in UK spending cuts * 2,000 jobs to be axed, senior manager roles to be cut UK's multitaskers take to Twitter to swap TV talk-report LONDON, Aug 1 (Reuters) - Tweeting and texting while watching TV is supplanting the traditional water-cooler chat about the previous night's viewing among increasingly media-savvy Britons, the country's telecoms regulator has found. SP 500 ends flat after Fed keeps easy money in play NEW YORK (Reuters) - The SP 500 finished a volatile session nearly flat on Wednesday as the Federal Reserve gave no hint that a reduction in the pace of its bond-buying program is imminent.

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