Yen resumes fall after G20, U.S. holiday thins trade

LONDON (Reuters) - The yen resumed falling on Monday after Japan signaled it would push ahead with expansionist monetary policies having escaped criticism from the world's 20 biggest economies at the weekend.

Industrial metals also dipped and European shares were soft on lingering worries about the economic outlook, especially for the euro zone. While the risk of an inconclusive outcome in Italy's forthcoming election added to investor concerns.

However, activity was curtailed by the closure of markets in the United States for the Presidents' Day holiday.

The yen, which has dropped 20 percent against the dollar since mid-November, fell further after financial leaders from the G20 promised not to devalue their currencies to boost exports and avoided singling out Japan for any direct criticism.

The dollar rose 0.5 percent to 93.95 yen, near a 33-month peak of 94.47 yen set a week ago. The euro added 0.3 percent to 125.40 yen, to be midway between Friday's two-week low of 122.90 and a 34-month high of 127.71 yen hit earlier this month.

Strategists said the yen was likely to stay weak, though its decline could lose momentum until it becomes clear who will be taking the helm at the Bank of Japan when the current governor steps down on March 19.

"The yen probably will weaken a little further in anticipation of more aggressive easing under a new leadership team at the Bank of Japan," said Julian Jessop, chief global economist at Capital Economics.

Japan's Prime Minister Shinzo Abe is poised to nominate the new governor in the next few days. Sources have told Reuters that former financial bureaucrat Toshiro Muto, considered likely to be less radical than other candidates, was leading the field.

Meanwhile the euro dipped slightly against the dollar when European Central Bank president Mario Draghi said the currency's recent gains made any rise in inflation less likely and added that he had yet to see any improvement in the euro zone economy.

Speaking before the European Parliament, Draghi said the euro's exchange rate was not a policy target but was important for growth and stability, adding that appreciation of the euro "is a risk".

The comments left the euro down 0.2 percent at $1.3334.

Elsewhere in the currency market, sterling hit a seven-month low against the dollar, after a key policymaker made comments about the need for further weakness and recent poor data which has kept alive worries of another British recession.

Sterling fell 0.25 percent to $1.5476 having earlier touched $1.5438, its lowest since July 13.

DATA LOOMS

A big week for data on the outlook for the world's economy weighed on other riskier asset markets following the recent dire fourth-quarter growth numbers for the euro zone and Japan, along with Friday's soft U.S. manufacturing figures.

In European markets, attention is focused on the euro area Purchasing Managers' Indexes for February and German sentiment indices due later in the week which could affect hopes for a recovery this year.

Analysts expect Thursday's euro area flash PMI indices, which offer pointers to economic activity around six months out, to show growth stabilizing across the recession-hit region, leaving intact hopes for a recovery in the second half of 2013.

Concerns over an inconclusive outcome in the Italian election on Sunday and Monday have added to the weaker sentiment as a fragmented parliament could hamper a future government's efforts to reform the struggling economy.

The worries about the outlook for Italy were encouraging investors back into safe-haven German government bonds on Monday, with 10-year Bund yields easing 3.5 basis points to be around 1.63 percent.

"Political uncertainty will keep Bunds well bid this week," ING rate strategist Alessandro Giansanti said, adding that only better than expected economic data could create selling pressure on German debt in the near term.

Italian 10-year yields were 4 basis points higher on the day at 4.41 percent.

EARNINGS HIT

European equity markets were taking their lead from corporate earnings reports which have been reflecting the sluggish economic conditions across the region.

Danish brewer Carlsberg , which generates just over 60 percent of its sales in western Europe, became the latest to report a weaker-than-expected quarterly profit, sending its shares to their lowest level in almost a month.

The 5.8-percent drop for shares in the world's fourth biggest brewery helped send the FTSEurofirst 300 index <.fteu3> of top European shares down 0.2 percent. Germany's DAX <.gdaxi>, France's CAC-40 <.fchi> and Britain's FTSE-100 <.ftse> ranged between 0.4 percent up and 0.15 percent lower.

Earlier, the G20 statement and subsequent comment from Prime Minster Abe indicating a renewed drive to stimulate the Japanese economy lifted the Nikkei stock index <.n225> by 2.1 percent, near to its highest level since September 2008.

MSCI's world equity index <.miwd00000pus> was flat as markets extended a two-week period of consolidation that has followed the big run-up in January, when demand was buoyed by the efforts of central banks to stimulate the world economy.

Data from EPFR Global, a U.S.-based firm that tracks the flows and allocations of funds globally, shows investors pulled $3.62 billion from U.S. stock funds in the latest week, the most in 10 weeks after taking a neutral stance the prior week.

But demand for emerging market equities remained strong, with investors putting $1.81 billion in new cash into stock funds, the fund-tracking firm said.

CHINA RETURN

In the commodity markets, traders played catch-up after a week-long holiday last week in China, the world's second biggest consumer of many raw materials, which had kept activity subdued, with worries about the economic outlook weighing on sentiment.

Copper, for which China is the world's largest consumer, dipped to a near three-week low at $8,125.25 a metric ton (1.1023 tons) on the London futures market. Benchmark tin and nickel also touched three-week lows.

Gold managed to edge away from six-month lows as jewelers in China returned to the physical market after the Lunar New Year holiday but a lack of demand from U.S. markets saw the precious metal slip back to be down 0.1 percent to $1,607.06 an ounce.

Crude oil markets were mostly steady after the weak U.S. industrial production data on Friday [ID:nL1N0BF44A] was seen dampening demand, while tensions in the Middle East lent some support.

"We continue to see a mixed picture out of the United States. Industry output was lower than expected but that shouldn't affect the general upward direction," Olivier Jakob, analyst at Geneva-based Petromatrix, said.

Brent crude was down 20 cents at $117.46 a barrel after posting its first weekly loss since the first half of January. U.S. crude slipped 24 cents to $95.62.

(Additional reporting by Marius Zaharia and Ron Bousso; Editing by Philippa Fletcher and Alastair Macdonald)

Read More..

IHT Rendezvous: Should Common Plastics Be Labeled Toxic?

THE HAGUE — Hoping to reduce one of the most ubiquitous forms of waste, a global group of scientists is proposing that certain types of plastic be labeled hazardous.

The group, led by two California scientists, wrote in this week’s issue of the scientific journal Nature:

We believe that if countries classified the most harmful plastics as hazardous, their environmental agencies would have the power to restore affected habitats and prevent more dangerous debris from accumulating.

While 280 million tons of plastic were produced globally last year, less than half of that plastic has ended up in landfills or was recycled, according to the scientists’ data. Some of the unaccounted for 150 million tons of plastic is still in use, but much of it litters roadsides, cities, forests, deserts, beaches and oceans. (Just think of the great floating garbage patches at sea).

Unlike other forms of solid waste, such as uneaten food, scrap metal or last year’s clothes, plastics take an especially long time to break down. And when they finally do, they create hazardous, even toxic particles that can harm wildlife, ecosystems and humans.

For now, the group — led by Chelsea M. Rochman of the School of Veterinary Medicine at the University of California, Davis, and Mark Anthony Browne at the National Center for Ecological Analysis and Synthesis in Santa Barbara, California — is calling for the reclassification of plastics that are particularly difficult to recycle and that are most toxic when degrading: PVC, polystyrene, polyurethane and polycarbonate.

The scientists say these types of plastics — used in construction, food containers, electronics and furniture — make up an estimated 30 percent of all plastics produced.

Join our sustainability conversation. Does it make sense to re-classify common plastics as hazardous, or are there better ways to reduce the amount of plastics we throw out?

Read More..

Katy Perry Gets a Heart-Shaped Ring from John Mayer

02/17/2013 at 11:45 AM EST

Katy Perry and John Mayer on Feb. 14 with her ring (inset)

David Tonnessen/Pacific Coast News

John Mayer put a ring on Katy Perry's finger – just not the kind you might expect.

After the couple was photographed leaving Vincenti, an Italian restaurant in Los Angeles, on Valentine's Day, Perry was spotted wearing a ruby on her ring finger, leaving many to ask if Mayer, 35, had popped the question.

Although Perry, 28, is beaming in the photo, a source tells PEOPLE the couple is "not engaged."

While the one-of-a-kind ring was created by Daniel Gibbings, a Santa Barbara based jeweler and designer, it may have nothing more than a Valentine's Day gift that a rep for Gibbings says the singer-songwriter selected himself.

Mayer was "really super nice" while shopping for his girlfriend, the rep adds.

But as for speculation over whether the heart-shaped ring could be seen as a possible engagement ring, the rep says that while it's not a traditional design, "it can be."

"[Gibbings] uses a lot of texture. The style of his engagement rings are not the usual Neil Lane looking ring. They are definitely more trendy or boho," the rep adds.

• With reporting by JENNIFER GARCIA & JESSICA HERNDON

Read More..

UN warns risk of hepatitis E in S. Sudan grows

GENEVA (AP) — The United Nations says an outbreak of hepatitis E has killed 111 refugees in camps in South Sudan since July, and has become endemic in the region.

U.N. refugee agency spokesman Adrian Edwards says the influx of people to the camps from neighboring Sudan is believed to be one of the factors in the rapid spread of the contagious, life-threatening inflammatory viral disease of the liver.

Edwards said Friday that the camps have been hit by 6,017 cases of hepatitis E, which is spread through contaminated food and water.

He says the largest number of cases and suspected cases is in the Yusuf Batil camp in Upper Nile state, which houses 37,229 refugees fleeing fighting between rebels and the Sudanese government.

Read More..

Florida hit by "tsunami" of tax identity fraud

MIAMI (Reuters) - Bruce Parton was only a few weeks from retirement after 30 years as a mail carrier in sunny Florida.

He never lived to fulfill his retirement plan of moving back to a quiet life in the Catskill mountains of New York, not far from where he grew up on Long Island.

Instead, he was gunned down on his daily mail route in December 2010 by members of an identity theft ring who stole his master key as part of a scheme to claim fraudulent tax refunds.

Using stolen names and Social Security numbers, criminals are filing phony electronic tax forms to claim refunds, exploiting a slow-moving federal bureaucracy to collect the money before victims, or the Internal Revenue Service, discover the fraud.

Parton was a victim of what officials say has ballooned into a massive, and dangerous, illegal industry that could cost the nation $21 billion over the next five years, according to the U.S. Treasury Department.

While that is a relatively small sum compared to the $1.1 trillion collected from individual tax payers in the last fiscal year, the crime has been growing by leaps and bounds in the last three years.

"We are on the top of a national trend that is causing a hemorrhage of tax dollars," said Wifredo Ferrer, United States Attorney for south Florida. "It's a tsunami of fraud."

While the IRS says it has detected cases in every state except North Dakota and West Virginia, the fraud's epicenter is Florida, and it is mostly concentrated in Miami and Tampa.

Miami has 46 times the per-capita rate of false tax refund claims than the rest of the country, and 70 times the national average in dollar terms, Ferrer told Reuters.

"For whatever reason, we always tend to lead the nation when it comes to fraud," he said, noting that his office has been battling massive Medicare fraud in recent years that has since spread to other parts of the country.

Florida's high proportion of older residents, who can be more vulnerable to fraud, may be one reason for the high levels of fraud in the state.

Nationwide, the number of cases of tax identity theft detected by authorities sky-rocketed to more than 1.2 million cases in 2012 from only 48,000 in 2008, according to the Treasury Department.

The real number of phony tax filings is likely much higher as the fraud is hard to track, according to a November General Accountability Office report.

GANG LINKS

The tax ID theft problem is particularly troubling as, unlike Medicare fraud, it is associated with violent crime and armed gangs.

Tampa police first detected it in 2010 when officers discovered wanted street criminals engaged in tax fraud. "They were holed up in hotels with laptops churning out tax claims," said congresswoman Kathy Castor, who represents the area and is pressing the IRS to get tougher on the fraud.

When agents raided a Howard Johnson in East Tampa in late 2010, they found suspects smoking marijuana and four laptop computers being used to file fraudulent tax returns on Turbo Tax, the tax preparation software, according to police records.

The suspects had lists of personal information containing more than 1,000 names and confidential personal information, multiple re-loadable debit cards, and records of numerous financial transactions. The investigation revealed that the suspects had been camped out in the hotel room for more than a week filing claims.

Tax identity fraudsters are apparently drawn by the ease of the crime, officials say.

"The scheme is very basic, it works virtually the same in almost every case," said Ferrer. "All they need is your name and the tax ID number."

Armed with that information a refund claim can be filed electronically, making up other details on the form, including addresses, employer data, income and deductions.

Criminals obtain the vital numbers using various tactics, often by bribing office workers with access to personnel files inside companies, as well as large public institutions such as hospitals and schools, according to prosecutors.

Last summer a hacker stole 3.8 million unencrypted tax records from the South Carolina Department of Revenue in what is believed to be the largest security breach of a U.S. tax agency. Authorities say they do not know the hacker's motive.

One North Miami man, Rodney Saint Fleur, was charged last year with using the LexisNexis research service account at the law firm where he worked to access names and Social Security numbers of 26,000 people as part of an identity theft scheme, according to court documents.

Victims in Florida have varied from hospital patients, to Holocaust survivors at an elderly Jewish community center, as well as active duty military serving overseas.

In December, a former U.S. Marine from North Miami was sentenced to nearly five years in prison for stealing the identities of more than 40 fellow Marines stationed at Camp Leatherneck in Afghanistan as part of a plot to claim $54,000 in fraudulent income-tax refunds.

In Parton's case the criminals were after his master key that gives postal workers access to mail drop-off boxes and apartment mailboxes. He was shot twice in the chest by a gunman as part of a plot to steal identities in people's mail for tax refund fraud.

The gunman, Pikerson Mentor, 31, was sentenced last month to life plus 42 years.

More than 600 people turned up for Parton's funeral, including postal workers and people who got to know him on his route. "He had been doing that mail route for 10 years and he always had a smile for everyone," said his daughter, Nina Parton.

The criminals stay under the radar using identities of the elderly or the very young, who are unlikely to be filing for earned income, as well as the deceased. They typically claim small refunds, around $3,000, but use multiple identities, with payments often made to pre-paid debit cards.

FIGHTING BACK

The IRS said last week it is intensifying a crackdown on identify theft, with 3,000 agents devoted to tackling the problem, double the number assigned in 2011.

The number of IRS criminal investigations into identity theft more than tripled in the year to September 2012, and it was on pace to double again this year, acting IRS Commissioner Steven Miller told reporters.

The tax collection agency prevented $20 billion in attempted tax refund fraud in fiscal year 2012, up from $14 billion a year earlier, he said.

"It's one of the biggest challenges that faces the IRS today," Miller said. "We're doing much better on all fronts but we have much more to do."

Despite the increase in investigations, the agency still had a backlog of 300,000 cases of people waiting for legitimate refunds after they were victims of fraud. It takes an average of six months to resolve a case, Miller said.

"The IRS have put a lot of resources on it, but they always seem to be behind the curve," said Keith Fogg, a tax professor at Villanova University School of Law.

Electronic filing, which now accounts for 80 percent of returns and was introduced to speed up delivery of refunds, has made the system more vulnerable to fraud.

The IRS is seeking to speed up the loading of data from W-2 payroll forms issued at the beginning of the tax season, a time lapse which gives fraudsters a window of opportunity to file using false data.

The IRS is also looking for ways to authenticate the identity of tax filers at the time of filing to pre-empt fraud, as well as working with the Social Security Administration to limit access to a registry of social security data of deceased tax payers, the so-called "Death Master File", a frequent target of fraud.

"We will not be prosecuting our way out of this. That's not going to be the answer. We're going to have to make it more and more difficult for criminals to profit from this behavior," said Miller. "If they're not successful they will move onto something else."

(Editing by Mary Milliken and Claudia Parsons)

Read More..

Karzai to Forbid His Forces From Requesting Foreign Airstrikes

KABUL, Afghanistan (AP) — President Hamid Karzai said Saturday that he would issue a decree barring Afghan security forces from asking international troops to carry out airstrikes under “any circumstances.”

The announcement came amid anger over a joint Afghan-NATO operation last week that Afghan officials said killed 10 civilians, including women and children, in northeast Kunar Province.

“I will issue a decree tomorrow that no Afghan security forces, in any circumstances, in any circumstances, can ask for the foreigners’ planes for carrying out operations on our homes and villages,” Mr. Karzai said in a speech here in Kabul at the Afghan National Military Academy.

Civilian deaths at the hands of foreign forces, particularly as a result of airstrikes, have been the cause of much conflict between Afghans and the international coalition, led by the United States, although it has devised measures to prevent them. But the Afghan military also relies heavily on air support to gain an advantage in the fight against Taliban militants and other insurgents.

Many analysts have expressed concern that the impending withdrawal of international combat forces by the end of 2014 will deprive government security forces of that crucial weapon.

President Obama has said that he will withdraw about half of the 66,000 American troops in Afghanistan within a year.

According to Gen. John R. Allen, the former top commander of American and NATO forces in Afghanistan, the coalition can provide air support to troops on the ground anywhere in Afghanistan within 12 minutes of a request. General Allen said that Afghan forces would have to get used to not having the same abilities in the future.

Jamie Graybeal, a spokesman for the coalition, declined to comment on Mr. Karzai’s remarks because alliance officials had not yet seen the decree.

Mr. Karzai said that General Allen’s successor, Gen. Joseph F. Dunford Jr., told him that Afghanistan’s intelligence agency, the National Directorate of Security, had requested the airstrike late Tuesday in the Shigal district of Kunar Province, which borders Pakistan.

Local Afghan officials said that five boys, four women and one man were killed in the bombardment. Coalition officials said that an investigation was under way. Four insurgents were also reported killed, but Mr. Karzai said that did not justify the loss of so many civilian lives.

Mr. Karzai said Afghan forces were ready to take over from foreign troops despite concerns about their abilities.

“We are happy that foreign forces are withdrawing from our country,” he said. “We are happy for all their help and assistance so far, but we don’t need foreign forces to defend our country. We want our Afghan forces to defend their homeland.”

However, a former Afghan officer, Gen. Amrullah Aman, expressed surprise over Mr. Karzai’s remarks, saying that international air power was essential since one of the main weaknesses of the Afghan military is the lack of a fully developed air force.

“In a country like Afghanistan, where you don’t have heavy artillery and you don’t have air forces to support soldiers on the ground, how will it be possible to defeat an enemy that knows the area well and can hide anywhere?” General Aman said. “There must be air support to help all those ground forces on the battlefield.”

Read More..

Blue Ivy Looks Just Like Dad Jay-Z in New Photo

02/16/2013 at 11:30 AM EST

Daddy's little girl, indeed!

A new photo of Beyoncé and Jay-Z's 1-year-old daughter Blue Ivy – apparently leaked from the songstress's upcoming HBO documentary – shows the proud mama holding up her little girl, who bears a striking resemblance to her famous papa.

"When I wake up in the morning, the best thing in the world is seeing her face," the pop star said earlier this month.

"She's starting to talk. It's just such a beautiful time in my life to have a child and every day see something new and see her learn something new."

This marks the second time fans are getting a good look at Blue Ivy. One year ago, when Blue Ivy was just 4-weeks-old, her famous parents shared photos of their precious new arrival.

Read More..

UN warns risk of hepatitis E in S. Sudan grows

GENEVA (AP) — The United Nations says an outbreak of hepatitis E has killed 111 refugees in camps in South Sudan since July, and has become endemic in the region.

U.N. refugee agency spokesman Adrian Edwards says the influx of people to the camps from neighboring Sudan is believed to be one of the factors in the rapid spread of the contagious, life-threatening inflammatory viral disease of the liver.

Edwards said Friday that the camps have been hit by 6,017 cases of hepatitis E, which is spread through contaminated food and water.

He says the largest number of cases and suspected cases is in the Yusuf Batil camp in Upper Nile state, which houses 37,229 refugees fleeing fighting between rebels and the Sudanese government.

Read More..

G20 steps back from currency brink, heat off Japan

MOSCOW (Reuters) - The Group of 20 nations declared on Saturday there would be no currency war and deferred plans to set new debt-cutting targets, underlining broad concern about the fragile state of the world economy.

Japan's expansive policies, which have driven down the yen, escaped direct criticism in a statement thrashed out in Moscow by policymakers from the G20, which spans developed and emerging markets and accounts for 90 percent of the world economy.

Analysts said the yen, which has dropped 20 percent as a result of aggressive monetary and fiscal policies to reflate the Japanese economy, may now continue to fall.

"The market will take the G20 statement as an approval for what it has been doing -- selling of the yen," said Neil Mellor, currency strategist at Bank of New York Mellon in London. "No censure of Japan means they will be off to the money printing presses."

After late-night talks, finance ministers and central bankers agreed on wording closer than expected to a joint statement issued last Tuesday by the Group of Seven rich nations backing market-determined exchange rates.

A draft communiqué on Friday had steered clear of the G7's call for economic policy not to be targeted at exchange rates. But the final version included a G20 commitment to refrain from competitive devaluations and stated monetary policy would be directed only at price stability and growth.

"The mood quite clearly early on was that we needed desperately to avoid protectionist measures ... that mood permeated quite quickly," Canadian Finance Minister Jim Flaherty told reporters, adding that the wording of the G20 statement had been hardened up by the ministers.

As a result, it reflected a substantial, but not complete, endorsement of Tuesday's proclamation by the G7 nations - the United States, Japan, Britain, Canada, France, Germany and Italy.

As with the G7 intervention, Tokyo said it gave it a green light to pursue its policies unchecked.

"I have explained that (Prime Minister Shinzo) Abe's administration is doing its utmost to escape from deflation and we have gained a certain understanding," Finance Minister Taro Aso told reporters.

"We're confident that if Japan revives its own economy that would certainly affect the world economy as well. We gained understanding on this point."

Flaherty admitted it would be difficult to gauge if domestic policies were aimed at weakening currencies or not.

NO FISCAL TARGETS

The G20 also made a commitment to a credible medium-term fiscal strategy, but stopped short of setting specific goals as most delegations felt any economic recovery was too fragile.

The communiqué said risks to the world economy had receded but growth remained too weak and unemployment too high.

"A sustained effort is required to continue building a stronger economic and monetary union in the euro area and to resolve uncertainties related to the fiscal situation in the United States and Japan, as well as to boost domestic sources of growth in surplus economies," it said.

A debt-cutting pact struck in Toronto in 2010 will expire this year if leaders fail to agree to extend it at a G20 summit of leaders in St Petersburg in September.

The United States says it is on track to meet its Toronto pledge but argues that the pace of future fiscal consolidation must not snuff out demand. Germany and others are pressing for another round of binding debt targets.

"We had a broad consensus in the G20 that we will stick to the commitment to fulfill the Toronto goals," German Finance Minister Wolfgang Schaeuble said. "We do not have any interest in U.S.-bashing ... In St. Petersburg follow-up-goals will be decided."

The G20 put together a huge financial backstop to halt a market meltdown in 2009 but has failed to reach those heights since. At successive meetings, Germany has pressed the United States and others to do more to tackle their debts. Washington in turn has urged Berlin to do more to increase demand.

Backing in the communiqué for the use of domestic monetary policy to support economic recovery reflected the U.S. Federal Reserve's commitment to monetary stimulus through quantitative easing, or QE, to promote recovery and jobs.

QE entails large-scale bond buying -- $85 billion a month in the Fed's case -- that helps economic growth but has also unleashed destabilising capital flows into emerging markets.

A commitment to minimize such "negative spillovers" was an offsetting point in the text that China, fearful of asset bubbles and lost export competitiveness, highlighted.

"Major developed nations (should) pay attention to their monetary policy spillover," Vice Finance Minister Zhu Guangyao was quoted by state news agency Xinhua as saying in Moscow.

Russia, this year's chair of the G20, admitted the group had failed to reach agreement on medium-term budget deficit levels and expressed concern about ultra-loose policies that it and other emerging economies say could store up trouble for later.

On currencies, the G20 text reiterated its commitment last November, "to move more rapidly toward mores market-determined exchange rate systems and exchange rate flexibility to reflect underlying fundamentals, and avoid persistent exchange rate misalignments".

It said disorderly exchange rate movements and excess volatility in financial flows could harm economic and financial stability.

(Additional reporting by Gernot Heller, Lesley Wroughton, Maya Dyakina, Tetsushi Kajimoto, Jan Strupczewski, Lidia Kelly, Katya Golubkova, Jason Bush, Anirban Nag and Michael Martina. Writing by Douglas Busvine. Editing by Timothy Heritage/Mike Peacock)

Read More..

The Lede: Spectacular Video of Meteor Over Siberia

Video posted on YouTube Friday appeared to catch an explosion caused by a meteor streaking over the Russian city of Chelyabinsk.

Last Updated, 12:07 p.m. As our colleagues Ellen Barry and Andrew Kramer report, Russians recorded video of bright objects, apparently debris from a meteor, “streaking through the sky in western Siberia early on Friday, accompanied by a boom that damaged buildings across a vast area of territory.” Hundreds of injuries were reported, mainly from breaking glass.

Video recorded from the dashboard camera of a car in the Russian city of Chelyabinsk on Friday.

Video said to have been recorded on Friday in the Russian city of Chelyabinsk as a meteor passed low overhead. An explosion can be heard clearly at the 7-minute mark of the video.

The video clips, many recorded from cars on the dashboard cameras that are popular in Russia, quickly spread from social networks to Russian news sites. While it was not possible to confirm the authenticity of all of the clips posted online, several tracked closely with witness accounts and each other.

Dashboard-cam footage appeared to record a meteor plunging to Earth on Friday in Russia.

Video uploaded to YouTube on Friday was said to have been recorded over the Russian city of Chelyabinsk (although the camera’s time stamp displays an earlier date).

Several clips showed a flaming object streaking through the sky and a burst of blinding light followed by a smoke trail. One, shot by a driver named Alexander Mezentsev, showed a bright light over a city street in Chelyabinsk, a city of 1 million about 900 miles east of Moscow.

One clip, recorded on a street in Chelyabinsk, appeared to capture the chaotic aftermath of the event, as glass shattered following the shock wave and people shouted and tried to make sense of what was happening.

Video said to have been recorded in the Russian city of Chelyabinsk on Friday after a meteor passed overhead.

A very loud explosion could be heard about 25 seconds into another video, apparently recorded on a phone in the same city by a blogger named Sergey Hametov.

Video said to have been recorded on Friday in Chelyabinsk appeared to capture a loud explosion.

“There was panic. People had no idea what was happening,” Mr. Hametov told The Associated Press. “We saw a big burst of light, then went outside to see what it was and we heard a really loud, thundering sound.”

The blast, and breaking glass, was also captured about 70 seconds into another clip, which showed very clear images of the smoke trail after the meteor passed by.

Video posted on YouTube on Friday showed a smoke trail and a loud explosion after a meteor passed over Siberia.

Another video, shot from the window of a building, seemed to capture the long trail of smoke after the object passed through the sky.

Video posted on YouTube Friday appeared to show the trail of a meteorite fragment in the sky.

Several clips also showed what bloggers said was the damage caused by the sonic boom.

Damage to a school in the Chelyabinsk region of Russia, said to have been caused by the sonic boom from a meteor.

Video of what was described as damage caused by the sonic boom after a meteor passed over Russia on Friday.

As Radio Free Europe/Radio Liberty reports, a blinding flash on light was captured by traffic cameras on top of buildings in Nizhniy Tagil, around 220 miles north of Chelyabinsk

A blinding flash of light was captured by Web cameras in Nizhny Tagil, north of Chelyabinsk

Another view of the meteor streaking across the sky in Nizhniy Tagil was captured on a driver’s dashboard camera.

Video of a meteor from a dashboard camera in the Russian town of Nizhniy Tagil.

Our colleague William Broad from The Times Science desk will be answering questions on the meteor on The Lede later today.

Send us your questions on the meteor strike. We’re hosting a Q&A with science writer @WilliamJBroad. Include #NYTScience

— NYT Science (@nytimesscience) 15 Feb 13

Almost immediately after the spectacular images appeared online, Russian bloggers started making comic alterations, adding aliens and President Vladimir Putin to the pictures.

Some of the numerous videos that quickly emerged of the incident highlighted a distinctly Russian phenomenon: the viral dashboard-cam clip. As the blogger Marina Galperina explained last year, they are commonplace in Russia partly because of the dangerous driving conditions that lead to so many accidents, and with an unreliable police force such cameras can provide valuable evidence following a crash.

The conditions of Russian roads are perilous, with insane gridlock in cities and gigantic ditches, endless swamps and severe wintry emptiness on the back roads and highways. Then there are large, lawless areas you don’t just ride into, the police with a penchant for extortion and deeply frustrated drivers who want to smash your face.

Psychopaths are abundant on Russian roads. You best not cut anyone off or undertake some other type of maneuver that might inconvenience the 200-pound, six-foot-five brawling children you see on YouTube hopping out of their SUVs with their dukes up. They will go ballistic in a snap, drive in front of you, brake suddenly, block you off, jump out and run towards your vehicle. Next thing you start getting punches in your face because your didn’t roll up your windows, or getting pulled out of the car and beaten because you didn’t lock the doors.

These fights happen all the time and you can’t really press charges. Point to your broken nose or smashed windows all you want. The Russian courts don’t like verbal claims. They do, however, like to send people to jail for battery and property destruction if there’s definite video proof.

Just last month, for instance, video recorded by a Russian driver on a dashboard-cam showed a tank suddenly cutting across a highway.

Last month, a Russian driver recorded video of a tank cutting across a highway.

---

Read More..