Bank of Canada keeps “over time” condition on rate hike
















OTTAWA (Reuters) – Bank of Canada Deputy Governor Tim Lane repeated on Wednesday the central bank‘s message that interest rate increases will likely be needed, but only over time.


The “over time” phrase was introduced in the bank’s key guidance in its rate statement on October 23 as a way of signaling that while the next rate move is likely to be up, such a move was less imminent than it had been.













“Over time, some gradual withdrawal of monetary policy stimulus will likely be required, consistent with achieving the inflation-control target,” Lane said, according to a prepared presentation he was giving on Wednesday in Moncton, New Brunswick.


Another part of the presentation, which was posted on the central bank’s website, noted: “The Canadian economy continues to operate with a small amount of excess supply.”


The Bank of Canada is alone in the Group of Seven leading industrialized countries in signaling an intention to raise rates despite expectations of modest and unbalanced global growth.


Lane forecast “very robust growth” in emerging markets, stagnation in Europe and significant dampening of U.S. growth due to fiscal consolidation. He said Canada‘s real gross domestic product was still expected to grow at a moderate pace.


(Reporting by Randall Palmer; Editing by Jeffrey Hodgson; and Peter Galloway)


Canada News Headlines – Yahoo! News



Read More..

SpongeBob Christmas special goes stop-motion
















LOS ANGELES (AP) — How does “It’s a SpongeBob Christmas!” squeeze even more fun out of our porous little hero and the Bikini Bottom gang? By turning the animated characters three-dimensional for their holiday special.


In a tribute to classic fare such as “Rudolph the Red-Nosed Reindeer,” the “SpongeBob SquarePants” crew has been re-imagined as puppets and put through their comedy paces for stop-motion photography.













The story line as dreamed up by Tom Kenny, the voice of SpongeBob, and his musical collaborator Andy Paley: The denizens of Bikini Bottom are suddenly rude because of exposure to jerktonium, a plot by naughty Plankton to get on Santa’s (voiced by guest star John Goodman) nice list.


Plankton “wants to put everyone on their worst behavior when they should be on their best behavior, and zany mayhem ensues,” Kenny said.


“It’s a SpongeBob Christmas!” debuts 9:30 p.m. EST Friday on CBS, followed by an encore on the show’s home network, Nickelodeon, at 7:30 p.m. EST Sunday, Dec. 9.


The first-time foray into stop-motion is a welcome change for the 13-year-old “SpongeBob,” Kenny said.


“It’s fun that after all these years we can still do stuff that’s a little different. It’s like reinventing the wheel a little bit — if you can refer to a square character as a wheel,” he added, unable to resist the quip.


The actor looks back fondly on childhood memories of “Rudolph” from the Rankin-Bass studio and other stop-action projects. Even the TV commercial that put Santa on an electric razor subbing for a sleigh gets a Kenny shoutout.


Asked if young viewers might be fazed by seeing the familiar characters in a new guise, Kenny mulled the question before rebutting it.


“The characters act the same, the recording process is exactly the same. Our job is exactly the same. … There’s still plenty of the animated mayhem and anarchy that happens in the 2-D version of the show.”


Screen Novelties, the Los Angeles studio that produced the Christmas special, made a feast out of the job. In just one of their inventive approaches, filmmakers used fruit-flavored cereal to create a coral reef.


“I came to the studio and they had hundreds of boxes of cereal open and were hot-gluing it together,” Kenny recalled.


The Patrick Star puppet was covered in wool-like material and SpongeBob “wasn’t a sponge but some kind of weird material they found somewhere,” he said. “They’re like ‘MacGyver,’ always repurposing something.”


The TV special has a small element of recycling. Kenny calls it a testament to “a goofy little song” he and Paley wrote three years ago — “Don’t Be a Jerk, (It’s Christmas).”


“Bring joy to the world, it’s the thing to do. But the world does not revolve around you. Don’t be a jerk, it’s Christmas” is among its bouncy yet cautionary verses.


The tune is among a dozen included on the digital release “It’s a SpongeBob Christmas! Album,” most written by Kenny and Paley (a songwriter-producer who’s worked with artists including Brian Wilson and Blondie). Four songs are part of the special.


Music fans might want to check out the album for its craftsmanship. The veterans who play on it include harpist Corky Hale and harmonica player Tommy Morgan, both of whom have backed a roster of big stars, including Billie Holliday and Frank Sinatra.


The recording sessions proved an early holiday gift for Kenny.


“We’d spend a half-hour working and then make the musicians tell stories about who they played with,” he said.


___


Online:


http://spongebob.nick.com/


http://www.cbs.com/


Entertainment News Headlines – Yahoo! News



Read More..

Do drunks have to go to the ER?
















NEW YORK (Reuters Health) – With the help of a checklist, ambulance workers may be able to safely reroute drunk patients to detoxification centers instead of emergency rooms, according to a new study.


Researchers in Colorado found no serious medical problems were reported after 138 people were sent to a detox center to sleep it off, instead of to an ER.













In 2004, according to the researchers, it’s estimated that 0.6 percent of all U.S. ER visits were made by people without any problems other than being drunk. Those visits ended up costing about $ 900 million.


“Part of the issue has been – as it is in many busy ER departments – there’s a lot of chronic alcoholics that are brought in by ambulance, police or just come in. Often they are brought in because they have not committed a crime or there is limited space in our detoxification center. So the majority were brought to the ER department,” said Dr. David Ross, the study’s lead author from Penrose-St. Francis Health Services in Colorado Springs.


Ross said the ambulance company where he serves as medical director created the checklist with the help of the local detox center, which provided limited medical care by a nurse, and the local hospitals to reduce the number of drunks without medical needs being sent to the local ERs.


They created a checklist with 29 yes-or-no questions, such as whether the patient is cooperating with the ambulance worker’s examination and if the patient is willing to go to the detox center.


The patient was sent to the ER if the ambulance worker checked “no” on any question.


The researchers then went back to look at the patients they transported between December 2003 and December 2005 to see whether or not any of them ended up having serious medical problems at the detox center.


During that two year period, the ambulance workers transported 718 drunks. The detox center received 138 and the local ERs got 580.


Overall, 11 of the patients who were taken to detox were turned away because there was no room, their blood alcohol level exceeded the limit, their family came to pick them up or they were combative.


Another four patients at the detox center were taken to the ER because of minor complications, including chest and knee pain. However, there were no serious complications reported.


“We really believe that we did not miss anybody with a serious illness and injury that didn’t go to the ER as they should have,” said Ross.


But the researchers write in the Annals of Emergency Medicine that their study did have some limitations.


Specifically, the researchers did not plan in advance to do a study when they were creating the checklist, which means their findings are limited to whatever information was collected at the detox center and ERs.


Also, the number of people who were sent to the detox center in their study is relatively small, so it’s hard to tell how many serious complications they’d see among a larger group of people.


“We tried to estimate how likely we would have been to encounter a serious event… We estimated at most we’d encounter three serious adverse events (in 748 patients),” Ross told Reuters Health.


SOURCE: http://bit.ly/QgPCT5 Annals of Emergency Medicine, online November 9, 2012.


Health News Headlines – Yahoo! News



Read More..

Euro zone consumer confidence falls in November
















BRUSSELS (Reuters) – Euro zone consumer confidence fell in November compared to the previous month, the first estimate from the European Commission showed on Thursday.


The Commission said consumer confidence in the 17-member euro zone slipped to -26.9 this month from a revised October figure of -25.7.













Consumer spending accounts for more than half of euro zone economic output, but with the effects of the debt crisis cutting disposable income, households have been in no position to contribute much to economic recovery.


In the wider 27-member European Union, consumer sentiment improved a fraction, to -23.7, compared to -24.3 last month.


EU leaders want to drive economic growth and employment after nearly three years of crisis and austerity, but the bloc has little immediate cash to invest and faces the longer-term challenge of falling productivity and an ageing workforce.


For European Commission data click on:


http://ec.europa.eu/economy_finance/db_indicators/surveys/index_en.htm


(Rex Merrifield, Brussels newsroom)


Economy News Headlines – Yahoo! News



Read More..

Greek PM presses for deal on loan
















ATHENS, Greece (AP) — Greece has reacted with dismay to the European Union‘s failure to agree to release vital rescue loan funds for the debt-ridden country, with the prime minister warning it was not just Greece’s future that hangs in the balance.


The delay prolongs uncertainty over the future of Greece, which faces a messy default that would threaten the entire euro currency used by 17 EU nations.













Prime Minister Antonis Samaras stressed that Greece has done what its creditors from the EU and International Monetary Fund required. “Our partners, along with the IMF, also must do what they have committed to doing,” he said.


He said that “it is not just the future of our country, but the stability of the entire eurozone” that depend on the success of negotiations in coming days.


Europe News Headlines – Yahoo! News



Read More..

Academy Sues Over “Deer Hunter” Oscar Statuette
















LOS ANGELES (TheWrap.com) – A possibly counterfeit Oscars trophy for the 1978 film has sparked a very real lawsuit.


The Academy of Motion Picture Arts and Sciences has filed suit in U.S. District Court in Washington state over an Oscar statuette that “was either a genuine statuette or a very convincing counterfeit.”













If it’s real, the trophy was the one awarded to Aaron Rochin for his sound work on the 1978 film “The Deer Hunter.”


The Academy is suing Washington resident James Dunne, who sold the statue, and Edgard G. Francisco, who purchased it.


Dunne initially offered the statuette for sale on eBay in September but deleted the listing for fear that the Academy might discover it, according to the suit, which was filed last week. He later privately sold the statue of Florida resident Francisco for $ 25,000, the suit says.


The suit goes on to allege that after an appraisal, Francisco decided the statuette was fake and demanded a $ 15,000 refund. Dunne claims he provided a full refund. He also claims that he told Francisco that the trophy might not be authentic before he bought it.


Dunne told the Academy that he had either picked up the statuette at a moving sale or obtained it from a third party who got it at an estate sale.


After getting the refund, the suit says, Francisco threw the statuette away.


The Academy’s suit is two-fold: If the trophy was real, the Academy is seeking restitution for the loss of its property; if it was fake, the Academy claims that the pair infringed on the organization’s Oscars copyright.


The latter would seem to be the more probable scenario in this case. For one thing, the Academy says that the identification number for the statuette would place its manufacture in 1979, while the eBay auction billed it as a “Rare Pre-1950 Academy of Motion Picture Arts and Sciences OSCAR Statue Award!”


The Academy is asking for unspecified damages, plus suit costs and attorneys’ fees.


(Pamela Chelin contributed to this report)


Movies News Headlines – Yahoo! News



Read More..

Watch: Baby With Outside Heart Saved by Surgeons
















Home > Video > Health > Health News



Baby With Outside Heart Saved by Surgeons













Baby With Outside Heart Saved by Surgeons


Doctors in Houston reconstructed Audrina’s chest to make room for her heart.




A Day in the Life of Immigration Equality


A Day in the Life of Immigration Equality


Organization provides LGBT immigrants and asylum seekers with legal counsel and advocates for reform.




Teen Gymnast Paralyzed During Practice


Teen Gymnast Paralyzed During Practice


Jacoby Miles, 15, lost feeling from the chest down after landing on her neck at practice.




Great Apes Also Get the Mid-Life Crisis


Great Apes Also Get the Mid-Life Crisis


New research shows getting older is not so great for apes either.




Young Boys Exercising to Extremes


Young Boys Exercising to Extremes


A new study in the Journal Pediatrics shows an alarming number of boys using steroids.




Paralyzed Dogs Walk Again With Nose Cell Transplant


Paralyzed Dogs Walk Again With Nose Cell Transplant


Results of Cambridge University study show how mobility is restored to the legs.




RAINN Urges Young Sexual Assault Victims to Tell


RAINN Urges Young Sexual Assault Victims to Tell


Rape, Abuse and Incest National Network campaign helps survivors of child sexual abuse.




Miss America Contestant to Undergo Double Mastectomy


Miss America Contestant to Undergo Double Mastectomy


Miss D.C. Allyn Rose discusses preventative procedure to avoid breast cancer.




Robin Roberts Bone-Marrow Transplant Update: Day 60


Robin Roberts Bone-Marrow Transplant Update: Day 60


The “GMA” Anchor wrote about how she is doing after a brief stay back in the hospital.




Maine Man Hiccups for 13 Days and Counting


Maine Man Hiccups for 13 Days and Counting


Doctors struggle to find a cure for the man’s non-stop hiccups.




Miss America Contestant to Undergo Double Mastectomy


Miss America Contestant to Undergo Double Mastectomy


Genetically predisposed to cancer, Allyn Rose, 24, elects to take preventative measure after January pageant.




Woman Gives Birth to Largest Triplets Ever


Woman Gives Birth to Largest Triplets Ever


California mother gives birth to heaviest triplets on record, weighing a combined 20 pounds.



Health News Headlines – Yahoo! News



Read More..

Leading economic indicator rises in October
















WASHINGTON (Reuters) – A gauge of future U.S. economic activity rose marginally in October, pointing to modest growth in the near term.


The Conference Board said on Wednesday its Leading Economic Index increased 0.2 percent to 96.0 after advancing 0.5 percent in September. It was the second consecutive month of gains and was in line with economists’ expectations.













“Based on the trends, the economy will continue to expand modestly through the early months of 2013,” said Ken Goldstein, an economist at the Conference Board.


Goldstein said superstorm Sandy, which ravaged the East Coast at the end of October, was not yet fully reflected in the LEI data. He cautioned, however, that the storm could adversely affect consumer spending and home building in the short-term.


“In addition, the outcome of the fiscal cliff debates is another factor that could alter the outlook,” said Goldstein.


The fiscal cliff refers to automatic government spending cuts and higher taxes that could suck about $ 600 billion from the economy early next year. Business confidence has taken a dive in recent months on fears of tighter fiscal policy.


(Reporting By Lucia Mutikani; Editing by Andrea Ricci)


Economy News Headlines – Yahoo! News



Read More..

U.S. fiscal impact of great concern to Canada: Canada’s Harper
















TORONTO (Reuters) – Any fiscal problems that would significantly slow the U.S. economy would be of great concern to Canada, Canadian Prime Minister Stephen Harper said on Monday.


The United States needed a credible medium-term fiscal plan, Harper said at a business forum in Ottawa, adding that he was following the U.S. fiscal debate with “great interest.”













(Reporting by Solarina Ho)


Canada News Headlines – Yahoo! News



Read More..

Patrick Wilson, Rose Byrne to reprise roles for “Insidious” sequel
















LOS ANGELES (TheWrap.com) – FilmDistrict, Alliance Films and Sony Pictures Worldwide Acquisitions will bring “Insidious Chapter 2,” the sequel to last year’s hit film “Insidious,” to U.S. theaters on August 30, 2013, the companies announced Monday.


Patrick Wilson, Rose Byrne, Lin Shaye and Ty Simpkins will reprise their roles in the film, which “Insidious” director James Wan will direct from a script written by Leigh Whannell who also wrote the first film.













Jason Blum, who produced “Insidious,” is producing the low-budget sequel through his Blumhouse Productions. Brian Kavanaugh Jones, Oren Peli, Steven Schneider, and Charles Layton are executive producing. Production on the sequel is set to begin on January 15 in Los Angeles.


Sony Pictures Worldwide Acquisitions acquired the U.S. rights to the film in conjunction with FilmDistrict. The film is being financed by Alliance Films. FilmDistrict will distribute the film theatrically in the United States, with Sony handling the majority of ancillary rights in the U.S.


Alliance Films will distribute in Canada, the U.K. (via its Momentum Pictures subsidiary) and Spain (via Aurum), and Sony Pictures Worldwide Acquisitions will distribute in all other international territories.


Peter Schlessel, FilmDistrict’s CEO, said: “We are all very excited to see the next chapter of James and Leigh’s vision of the Further. It’s great to be in business again with Blumhouse, Alliance and Sony.”


Movies News Headlines – Yahoo! News



Read More..