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POINTERS
HUFFINGTON
10.13.13
YELLEN MAKES HISTORY
President Obama nominated Federal Reserve
Vice Chairwoman Janet Yellen to be the Fed
chair on Wednesday. If confirmed by the
Senate, Yellen would be the first female chair
in history. She would take over from current
Fed Chair Ben Bernanke in January. “She is
a proven leader and she’s tough — not just
because she’s from Brooklyn,” Obama said. “Janet is exceptionally well-qualified for this
role.” Former Treasury Secretary Larry Summers had been seen as a top contender for the
nomination, but he took his name out of the running amid harsh criticism.
12 YEARS,
AND UP TO
$6 TRILLION
AND THE NOBEL
PRIZE GOES TO…
Monday marked 12 years since the war in Afghanistan
began, and at least 2,146 U.S. military members have
died. The full withdrawal of troops has been delayed
because Afghan President Hamid Karzai says the U.S. and
its allies have violated the country’s sovereignty, and the
U.S. wants a deal that will allow a continued presence past
the 2014 scheduled pullout. A study this year revealed
that the combined cost to taxpayers for the Afghanistan
and Iraq wars is between $4 trillion and $6 trillion.
Francois Englert and Peter W. Higgs won the
Nobel Prize in physics for their research on the
“God particle,” formally known as the Higgs
boson particle, which explains why matter
has mass. Martin Karplus, Michael Levitt and
Arieh Warshel won the prize in chemistry “for
the development of multiscale models for
complex chemical systems.” The Nobel Prize
in medicine went to James Rothman, Randy Schekman and Thomas Sudhof for uncovering
key findings about the cell’s transport system. “My first reaction was, ‘Oh, my God!’”
Schekman said in a statement. “That was also my second reaction.”