Obama to lift stem cell ban



US President Barack Obama will today wipe out another contentious aspect of his predecessor George W Bush's legacy by removing curbs on federal funding for embryonic stem-cell research. The president will sign an executive order reversing a policy that critics say has hampered the fight into finding treatments for grave diseases such as Alzheimer's, Parkinson's and diabetes, a senior administration official said.

The official would not divulge the exact wording of the order, but confirmed it would be in line with Mr Obama's campaign vow to restore funding to embryonic stem-cell research. The move will spark delight among scientists who have long campaigned for the Bush policy to be overturned, but was already running into fire from social conservatives and right-to-life groups.

Mr Obama spelt out his campaign policy on stem-cell research last August in a list of answers to the Science Debate 2008 scientific lobby group. "I strongly support expanding research on stem cells," Mr Obama wrote. "I believe that the restrictions that President Bush has placed on funding of human embryonic stem-cell research have handcuffed our scientists and hindered our ability to compete with other nations."

Reports about Mr Obama's plans were immediately condemned by Tony Perkins, the president of the Family Research Council, who called Mr Obama's plan "a slap in the face to Americans who believe in the dignity of all human life". John Boehner, the Republican leader in the House of Representatives, said government money should be used to fund alternative stem-cell research that does not involve destroying an embryo.

"Republicans enthusiastically support adult, cord blood, and pluripotent stem cell research that have shown so much promise in recent years," Mr Boehner said. "The question is whether taxpayer dollars should be used to subsidise the destruction of precious human life." But Irving Weissman, the director of the Stanford Institute of Stem Cell Biology and Regenerative Medicine, said the move would put the United States back at the forefront of medical research.

"Now with the lifting of the ban on funding ... President Obama has removed politics and ideology from the funding of research," Mr Weissman argued, adding that he hoped the newly invigorated research "will lead to better understanding of human disease." Mr Bush barred federal funding from supporting work on new lines of stem cells derived from human embryos in 2001, allowing research only on a small number of embryonic stem-cell lines which existed at that time.

* AFP

The five pillars of Islam
Dirham Stretcher tips for having a baby in the UAE

Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:

• Buy second hand stuff

 They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.

• Get a health card and vaccinate your child for free at government health centres

 Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.

• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.

Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.

• Once baby is ready for solids, cook at home

Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor