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)


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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/


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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



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Elmo left behind on ‘Sesame Street’ as actor exits
















NEW YORK (AP) — Even on “Sesame Street,” where everything is famously A-OK, problems can arise for its residents.


And that includes the Muppets. Cookie Monster grapples with an eating disorder. Oscar the Grouch gets cranky. Mr. Snuffleupagus gets the blues.













But Elmo seemed immune to any of that. Since enjoying his breakout success more than two decades ago, the 3 1/2-year-old red monster has radiated good cheer, love and trilling giggles. No wonder everyone — adults as well as children — adores him.


The key to Elmo is “his innocence, his positiveness and his sweetness,” according to Kevin Clash, the man who created him and once told The Associated Press, “I would love to be totally like Elmo.”


Now Clash has been scandalously separated from Elmo and from “Sesame Street,” the TV series where he reigned behind the scenes for 28 years.


Clash spoke of “personal matters” as the cause of his resignation Tuesday after an unthinkable nine-day stretch that began with an unnamed man in his 20s claiming he had sex with Clash at age 16. That allegation was quickly recanted. But then came another accusation of sexual abuse, and a lawsuit.


That second accuser, a 24-year-old college student named Cecil Singleton, said the actor had engaged in sexual behavior with him when he was 15. He is suing Clash for $ 5 million.


“I am deeply sorry to be leaving,” said Clash in his parting statement, “and am looking forward to resolving these personal matters privately.”


But privacy may no longer be possible for Clash, the 52-year-old divorced father of a grown daughter who acknowledged last week that he is gay. Singleton’s lawyer, Jeff Herman, said he has been contacted by two other potential victims of Clash and expects additional legal action.


At a news conference Tuesday, Singleton said he and Clash met on a gay chat line and then, for a two-week period, they engaged in sexual contact, though not intercourse. Sex with a person under 17 is a felony in New York if the perpetrator is 21 or older.


Singleton said he didn’t know Clash’s profession until years later, when he Googled the man’s name.


“I was shocked when I found out what he did for a living,” said Singleton.


Now that career has ended for Clash, who, in his dream job as a puppeteer for “Sesame Street,” was assigned a little-used puppet now known as Elmo, then turned him into a star. In the process, Clash won 23 daytime Emmy awards and one prime-time Emmy. He published his 2006 autobiography, “My Life as a Furry Red Monster,” and was the subject of the 2011 documentary “Being Elmo: A Puppeteer’s Journey.”


Elmo overshadowed Big Bird and other “Sesame” Muppets in popularity and screen time, while marginalizing the cast of live actors. Since 1998, he has had his own show-within-a-show on “Sesame Street” in addition to appearances elsewhere in the hour.


He is also a major moneymaker for Sesame Workshop, the New York-based company that produces the show, and for licensees. At his merchandising height in 1996, he inspired the Tickle Me Elmo doll, which became a cultural phenomenon and that Christmas season’s hottest toy.


This year’s Elmo dolls, “LOL Elmo,” which giggles, and “Let’s Rock! Elmo,” which sings and comes with a microphone and drum set, haven’t made any of this year’s hot toy lists. Even so, Elmo toys probably account for one-half to two-thirds of the $ 75 million in annual sales the “Sesame Street” toy line generates for toy maker Hasbro, estimates BMO Capital Markets analyst Gerrick Johnson.


Johnson said he wasn’t sure how this week’s news might affect sales of Elmo toys this holiday.


“How many people are going to want to explain to their kid why they’re not getting an Elmo?” he asked.


On Tuesday, Hasbro issued a statement saying “We are confident that Elmo will remain an integral part of Sesame Street and that Sesame Street toys will continue to delight children for years to come.”


Despite his resignation, Clash will remain an integral part of “Sesame Street” for the foreseeable future. Taping of season No. 44 will wrap by mid-December and will begin airing next September, according to someone close to the show who spoke on condition of anonymity because the person was not authorized to publicly discuss details of its production. That means new episodes with Clash performing as Elmo will presumably continue well into 2014.


As for who might take over as Elmo, other “Sesame Street” puppeteers were already being trained to serve as Clash’s stand-in, Sesame Workshop said. It’s part of an understudy policy being adopted for all the major Muppet characters.


But no one knows how Elmo will fare going forward. Will the jokes spurred by Clash’s downfall leave a lasting mark on Elmo’s image? Will there be parents who see him tainted by association with the man who brought him to life?


In the wake of a personal tragedy that may still be unfolding, Elmo’s innocence, positiveness and sweetness will be put to the test.


___


AP Television Writer David Bauder and AP Retail Writer Mae Anderson contributed to this report.


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En los pacientes de Medicare es común que se repitan los tests
















NUEVA YORK (Reuters Health) – La mitad o más de los


beneficiarios de Medicare repiten los tests cardíacos,













pulmonares, estomacales o vesical en tres años, señala un


estudio.


Esas pruebas no deberían repetirse. Es más, en algunos


casos, como el ecocardiograma o la prueba de esfuerzo cardíaco,


existen recomendaciones en contra de su uso rutinario.


“Nos sorprendió la frecuencia con la que se repiten estas


pruebas”, dijo el autor principal, doctor H. Gilbert Welch, del


Instituto para las Políticas de Salud y la Práctica Clínica de


Dartmouth, New Hampshire. “O esos pacientes desarrollan nuevas


enfermedades continuamente o hay médicos que repiten los


estudios como rutina”.


Con su equipo analizó el uso de seis tests en 743.478


beneficiarios de Medicare: ecocardiograma (ultrasonido


cardíaco), prueba de esfuerzo cardíaco, test de función


pulmonar, tomografía de tórax, cistoscopía (exploración de la


vejiga con una sonda) y endoscopía superior (examen el tracto


gastrointestinal superior).


Todas las pruebas eran diagnósticas, es decir que se


realizan en personas con síntomas para que los médicos puedan


realizar un diagnóstico. Cuestan entre 200 y más de 1000


dólares.


En el período 2004-2006, entre el 7 por ciento (cistoscopía)


y el 29 por ciento (ecocardiograma) de los adultos mayores se


habían realizado esos tests por lo menos una vez.


A menudo, esos exámenes se repetían: el 35 por ciento de los


pacientes a quienes se le había indicado una endoscopía del


tracto superior volvió a hacerse la prueba en tres años. Lo


mismo ocurrió con el 55 por ciento que se había realizado un


ecocardiograma. Para el resto de los exámenes, los resultados


estuvieron dentro de ese rango.


El intervalo promedio para la repetición de los tests fue de


entre cuatro y 14 meses, según publica el equipo en Archives of


Internal Medicine.


Welch aclaró que la única excepción médica para repetir


estas pruebas es cuando los pacientes desarrollan un nuevo


conjunto de síntomas que los médicos controlan después de la


primera prueba. Pero los incentivos económicos suelen lograr que


se pidan más exámenes, sin importar la finalidad.


En el caso de un ecocardiograma, por ejemplo, “si es un


cardiólogo quien lo solicita y lo va a interpretar (…) quizás


exista un incentivo económico para sobreutilizar la prueba”,


dijo la doctora Rachel Werner, de University of Pennsylvania,


Filadelfia. “El hecho es que cobramos más por hacer más”,


agregó. Y no siempre es lo mejor.


“Los pacientes comprendieron la importancia de no usar


medicamentos innecesarios. Pero pienso que la noción


generalizada es que un test diagnóstico nunca hará daño”, dijo


Welch. Pero agregó: “Cuando lo realizamos, podríamos distraernos


con un resultado circunstancial”. Son esos resultados los que


exigen nuevas pruebas y, quizás, un tratamiento innecesario.


Su equipo halló también que las ciudades donde se realizaba


la mayor cantidad de pruebas diagnósticas iniciales también


registraban los porcentajes más altos de repetición de esos


tests.


FUENTE: Archives of Internal Medicine, online 19 de


noviembre del 2012.


Seniors/Aging News Headlines – Yahoo! News



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Obama praises Netanyahu on Gaza cease-fire

Egypt's Foreign Minister Mohamed Kamel Am, Secretary of State Hillary Clinton and Egypt's President Mohammed Morsi …President Barack Obama praised Israeli Prime Minister Benjamin Netanyahu on Wednesday for agreeing to an Egypt-crafted cease-fire with Palestinian militants in Gaza. Obama, speaking to Netanyahu by telephone, also underlined America's unwavering support for Israel's security and said he hoped to "intensify" U.S. assistance.


"The president commended the prime minister for agreeing to the Egyptian cease-fire proposal—which the president recommended the prime minister do—while reiterating that Israel maintains the right to defend itself," the White House said in a summary of the conversation.


Obama "expressed his appreciation for the prime minister's efforts to work with the new Egyptian government to achieve a sustainable cease-fire and a more durable solution to this problem," the White House said. Netanyahu initiated the call, according to an Obama aide.


The president's press office released the statement to reporters moments into a joint press conference in Cairo where Secretary of State Hillary Clinton and Egyptian Foreign Minister Mohamed Kamel Amr announced the cease-fire.


The emphasis on Egypt's role has been a cornerstone of the American effort ever since Israel answered persistent rocket fire by Gaza's Hamas rulers with punishing airstrikes in a steadily escalating conflict. The country shares a border with Gaza, and President Mohammed Morsi is seen in Washington as someone able to influence the militant Islamist organization's decision-making.


Obama also highlighted American backing of Israel. "The president made clear that no country can be expected to tolerate rocket attacks against civilians," the White House said.


"The president said that the United States would use the opportunity offered by a cease-fire to intensify efforts to help Israel address its security needs, especially the issue of the smuggling of weapons and explosives into Gaza," it said.


"The president said that he was committed to seeking additional funding for Iron Dome and other U.S.-Israel missile defense programs," the White House said.

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Hamas and Israel agree to ceasefire: Sources

GAZA/JERUSALEM (Reuters) - Israel and Hamas agreed on Wednesday to a ceasefire brokered by Egypt on the eighth day of intensive Israeli fire on the Gaza Strip and militant rocket attacks out of the enclave, Israeli, Palestinian and Egyptian sources said.


First word of the truce came from a Palestinian official who has knowledge of the negotiations in Cairo, where U.S. Secretary of State Hillary Clinton was also pursuing peace efforts.


Asked whether a ceasefire deal had been reached, an Egyptian official in Cairo said: "Yes, and Egypt will announce it."


Egyptian state TV had earlier said a news conference would be broadcast from President Mohamed Mursi's palace shortly.


Israeli sources said Israel had agreed to a truce, but would not lift its blockade of the Palestinian territory, which is run by the Islamist Hamas movement.


All the sources declined to be named or to give further details of the arrangements hammered out in Cairo.


More than 140 Palestinians and five Israelis have been killed in the fighting that began last Wednesday.


The ceasefire, if confirmed, was forged despite a bus bomb explosion that wounded 15 Israelis in Tel Aviv earlier in the day and despite more Israeli air strikes on the Gaza Strip.


After talks in Ramallah with Palestinian President Mahmoud Abbas, Clinton held a second meeting with Israeli Prime Minister Benjamin Netanyahu before travelling to Egypt for discussions with Mursi, whose country has led mediation efforts.


In Tel Aviv, targeted by rockets from Gaza that either did not hit the city or were shot down by Israel's Iron Dome interceptor system, 15 people were wounded when a bus was blown up near the Defence Ministry and military headquarters.


The blast, which police said was caused by a bomb placed on the vehicle, touched off celebratory gunfire from militants in Gaza and had threatened to complicate truce efforts. It was the first serious bombing in Israel's commercial capital since 2006.


In Gaza, Israel struck more than 100 targets, including a cluster of Hamas government buildings, in attacks that medical officials said killed 10 people, among them a 2-year-old boy.


Israel's best-selling Yedioth Ahronoth newspaper had reported an emerging outline of a ceasefire agreement that called for Egypt to announce a 72-hour ceasefire followed by further talks on long-term understandings.


Under the proposed document, which the newspaper said neither party would be required to sign, Israel would hold its fire, end attacks against top militants and promise to examine ways to ease its blockade of Gaza, controlled by Hamas Islamists who do not recognize the Jewish state's right to exist.


Hamas, the report said, would pledge not to strike any Israeli target and ensure other Palestinian factions in the Gaza Strip also stop their attacks.


Israel has carried out more than 1,500 strikes since the offensive began with the killing of a top Hamas commander and with declared aim of deterring Hamas from launching rocket attacks that have long disrupted life in its southern towns.


Medical officials in Gaza said 146 Palestinians, more than half of them civilians, including 36 children, have been killed in Israel's offensive. Nearly 1,400 rockets have been fired into Israel, killing four civilians and a soldier, the military said.


(Additional reporting by Ori Lewis and Crispian Balmer in Jerusalem, Nidal al-Mughrabi in Gaza and Yasmine Saleh in Cairo)


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Facebook proposes to end voting on privacy issues
















NEW YORK (AP) — Facebook is proposing to end its practice of letting users vote on changes to its privacy policies. The company says it will continue to let users comment on proposed updates.


The world’s biggest social media company plans to announce Wednesday that its voting mechanism, which is triggered only if enough people comment on proposed changes, has become a system that emphasizes the quantity of responses over the quality of discussion.













Facebook began letting users vote on privacy changes in 2009. Since then, it has gone public and its user base has ballooned from around 200 million to more than 1 billion. As part of the 2009 policy, users’ votes only count if more than 30 percent of all Facebook’s active users partake.


Social Media News Headlines – Yahoo! News



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Positive Outlook Helps Seniors Heal
















Older patients with positive attitudes on aging may be more likely to fully recover from severe disability compared with those who can’t see the bright side of life, a new study found.


A positive stereotype about aging was associated with a 44 percent greater likelihood of recovery from severe disability versus negative stereotypes, according to study author Becca Levy from the Yale School of Public Health and colleagues.













Holding positive stereotypes in older age was also significantly associated with a slower rate of decline in activities of daily living, the researchers wrote in a letter published in the Journal of the American Medical Association online.


“Further research is needed to determine whether interventions to promote positive age stereotypes could extend independent living in later life,” the authors noted.


Read this story on www.medpagetoday.com.


The researchers sampled patients through the Precipitating Events Project study and included 598 mostly female patients with an average age of 79, who belonged to a Connecticut health plan. All participants lived in a community, were nondisabled, and experienced at least 1 month of disability from active daily life during the follow-up period.




Can A Positive Outlook Keep Your Heart Healthy? Watch Video



The participants were interviewed monthly for up to 129 months and filled out home-based assessments every 18 months over 10 years.


The researchers established age stereotypes by asking participants for five terms or phrases they associated with older individuals and coding those descriptors on a five-point scale, with 1 being most negative (such as decrepit) and 5 being most positive (such as spry). The participants scored a mean 2.12 on this scale.


Participants’ severity of disability was based on the number of activities of daily living compromised by disability, including bathing, dressing, transferring, and walking. Three or four compromised activities were considered severely disabled; mild to severe disability required assistance with one to two activities, and mild to no disability required no assistance with activities of daily life.


The researchers grouped patients on whether they held positive or negative age stereotypes and compared rates of recovery from severe or mild injury to no or mild disability. Patients between groups were well-matched for age, sex, nonwhite ethnicity, frailty, education, chronic conditions, mental status, depression, and whether or not they lived alone. The nature of the disabling events was not described.


Patients were significantly more likely to recover from any state of injury to either no or mild disability if they fit positive age stereotypes, including from severe disability to no disability, severe disability to mild disabilit and mild disability to no disability.


The researchers also noted that the positive age-stereotyped patients “showed an advantage in the absolute risk increase percentages” in likelihood of recovery, in addition to “a significantly slower rate of [activities of daily life] decline.”


Study limitations included recruitment from a single community and an undersampling of black patients.


Health News Headlines – Yahoo! News



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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



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