Thursday, March 15, 2012

Credit card late payments hit 17-year low in 2Q

NEW YORK (AP) — Credit card users are so focused on keeping their accounts in good standing that they've driven the rate of late payments down to its lowest level in 17 years.

The national credit card delinquency rate, or rate of payments 90 days or more past due, fell to 0.60 percent in the second quarter, down from 0.92 percent a year ago. That's the lowest rate since 1994, according to credit reporting agency TransUnion.

Delinquencies were expected to drop, but the improvement in that April to June period was faster than forecast.

And the improved payment habits came despite increased use of credit cards, based on quarterly data reported by banks that issue Visa and …

Sony's annual loss shrinks to $439 million

Sony Corp., maker of the PlayStation 3, stayed in the red last business year but cost cuts and better sales of consumer electronics allowed it to shrink losses and predict a return to profit.

The Tokyo-based company Thursday reported a 40.8 billion yen ($439 million) loss for the year ended March 31, an improvement from the previous year's 98.9 billion yen loss, which was Sony's first annual red ink in 14 years.

The electronics and entertainment giant credited LCD televisions and digital cameras for helping drive its recovery. It also cited its life insurance unit, where revenue surged 58 percent.

Sony expects to climb back into the black in the year …

High winds sock it to county, city: Thousands still without power following storm

More than 18,000 Kanawha County residents remained without powertoday after a storm with winds up to 67 mph raced through the area.

Trees and limbs remained down on roads, traffic lights were stillout, some schools were closed and work crews were trying to repair anoutfield wall at Watt Powell Park in time for the state high schoolbaseball tournament to begin.

Charleston's street department was working through a three-page,hand-written list of problems that were caused by Tuesday's storm.And Kanawha County reported 40 power lines were down at one point.

"We got swatted," said Kanawha County Commission President KentCarper. "I haven't ever seen so many power …

Wednesday, March 14, 2012

Konrad Thurano, world's oldest trapeze artist, dies at 98

A German man widely thought to be the world's oldest active trapeze artist, has died, a spokeswoman for his regular variety-show venue said Thursday. He was 98.

Konrad Thurano was with his family in Denmark, where he has been living, when he died on Tuesday, said Kathrin Rauschning, spokeswoman for Duesseldorf's Roncalli Apollo Variety. She said he died of natural causes, but had no details.

Thurano was born in Duesseldorf in 1909 and began his entertainment career with the variety show in 1924.

"Our …

EU: Pfizer promising changes to Wyeth bid

U.S. drug maker Pfizer Inc. has promised to make changes to its takeover of rival Wyeth in order to win European Union regulatory approval for the deal, the EU's executive said Tuesday.

The European Commission gave no details of any potential selloffs or commitments put forward, merely saying it would extend a deadline to rule on the deal until July 20 to look at changes that aim at soothing antitrust concerns.

New York-based Pfizer, the world's largest pharmaceutical company, launched the $68 billion takeover of Wyeth, of Madison, New Jersey in January. The value of the deal has since declined with Pfizer's share price.

The acquisition is fueled …

Governor hedges on insurance reform

SPRINGFIELD Gov. Thompson said yesterday that business lobbyistsare shifting gears in their effort to persuade him to veto insurancereform legislation designed to make liability coverage more availableand affordable.

Thompson said he will take more time to review the bill, passedby the Democratic-controlled Legislature on June 30, in light of theargument that it would make matters worse than no change in the lawregarding how lawsuits are handled.

"At first the . . . business groups opposed my signing the billbecause they wanted me to call a special session and get a betterbill," the governor explained.

"But after looking at the roll calls, which were …

Partial List of Emmy Winners

Partial list of winners at Sunday's 59th Annual Primetime Emmy Awards presented by the Academy of Television Arts & Sciences:

Miniseries: "Broken Trail," AMC.

Variety, Music or Comedy Series: "The Daily Show With Jon Stewart," Comedy Central.

Variety, Music or Comedy Special: "Tony Bennett: An American Classic," NBC.

Made-for-TV Movie: "Bury My Heart at Wounded Knee," HBO.

Actor, Miniseries or Movie: Robert Duvall, "Broken Trail," AMC.

Supporting Actor, Drama Series: Terry O'Quinn, "Lost," ABC.

Supporting Actor, Comedy Series: Jeremy Piven, "Entourage," HBO.

Supporting Actor, …

Neville gets surprise recall by England

Gary Neville has received a surprise recall to England's squad for World Cup qualifying games against Kazakhstan and Andorra as manager Fabio Capello aims to keep his team on course for next year's championship in South Africa.

A veteran of 86 appearances starting in 1995, injury-hit Neville has not played for England since a 1-0 loss to Spain in February 2007. Although the 34-year-old fullback started in a mainly backup Manchester United lineup at Hull on Sunday, he is unlikely to start for his club in Wednesday's Champions League final against Barcelona in Rome.

Another surprise callup is West Bromwich Albion goalkeeper Scott Carson, who has lost his …

No More Pro Career Plans For Top '91 Amateur Small

A year ago Mark Small was talking about turning professional.

But last week, after picking up the first Chicago Amateur of theYear Award from the Greater Chicago Golf Media Association for hisplay in 1991, Small declared his pro career a dead issue.

"It's looks like I'll stay amateur," said Small, from TinleyPark and Flossmoor Country Club. "I got married last September, andI couldn't find any money (for sponsorship). Plus I don't know thatI want to be away from home 40 weeks a year."

Small is not in position to repeat the top amateur award,though he could move among the leaders with a strong showing at theU.S. Amateur starting today at Muirfield …

CAF confirms gender protest against E. Guinea

CAIRO (AP) — African football's ruling body will investigate claims that Equatorial Guinea fielded a man on the team that played in the final of the recent women's continental championship.

The Confederation of African Football said Friday it would look into a protest lodged by the Nigerian Football Federation over "the gender status" of a player, which it did not name.

"The protest has been registered and submitted to the competent committee, CAF Sports Medicine Committee, for inquiries and follow up," CAF said. "(We) will provide further information on this case as soon as some other details emerge."

"The player in question featured for the Equatorial Guinean team at …

US Steel reports 4Q loss of $267M

United States Steel Corp. on Tuesday said it lost money for the fourth consecutive quarter as improving demand in the auto industry was offset by the sluggish construction market.

The Pittsburgh manufacturing giant also said it was cautious about its outlook for the first quarter, noting that improving business conditions won't be reflected in operating results for another few months.

Shares of U.S. Steel fell $4.95, or 8.8 percent, to $51.28.

U.S. Steel's fourth-quarter loss was $267 million, or $1.86 per share, compared with earnings of $290 million, or $2.50 per share, during the same period last year.

Revenue declined 26 percent to …

WHERE TO PLAY

Here are the biggest bingo halls in town that have games morethan once a week. Call for days and times. There are hundreds ofother bingo games around, most in churches, held one night a week.

Bingo City, 6800 N. Western. (312) 445-1234.

Chez Roue Banquet Hall, 7709-11 W. Roosevelt Rd. Forest Park.(708) 488-0254.

Dorchester, 1515 E. 154th, Dolton. (708) 841-5597.

Golden Tiara, 3231 N. Cicero. (312) 736-5353.

Lincolnwood Jewish Center, 7117 N. Crawford, Lincolnwood. (708)676-0491.

Queen of Martyrs, 10233 S. Central Park, Evergreen Park. (708)423-8110.

St. Albert the Great, 5555 State Rd., Burbank. (708) 423-0321.

New songs and old Faces

Rod Stewart Sunday, 8 p.m. New World Music Theatre, 19100 S. Ridgeland, Tinley Park. Tickets, $27.75-$102.75 (312) 559-1212.

Talk about having a full life. Rod Stewart has five childrenby three women. He has made more than 20 albums, many of thembest-sellers. He's in the Rock and Roll Hall of Fame. And he ownsseveral homes around the world, including one in Palm Beach, Fla.,from where he recently telephoned on a beautiful, 85-degree day.

"Life is good. It couldn't be better," said Stewart, who hopesto have a sixth child, the third one with his wife, actress-modelRachel Hunter.

Here's the biggest news for his fans, though: Stewart, 53, isrocking again. His current tour pulls into the New World MusicTheatre on Sunday.

His latest album, "When We Were the New Boys," looks to thepresent through cover versions of songs by modern bands such asOasis, Superstar and Primal Scream. But it also comes full circle toStewart's ear-crunching roots in the Faces, the early British bandthat raised rowdy blues-rock and hotel-room trashing to art forms.

"Yeah, it didn't cost any money then," Stewart says of theband's room-wrecking sprees. "We'd always find some sort of humbleexcuses like `I'm sorry, I slipped and the television went into theswimming pool.' But nowadays, you can't get away with it quite soeasily. You have to put your credit card down before you check in."

In the early '70s, the Faces would also sign into hotels asmembers of Fleetwood Mac. "Both bands weren't particularlywell-known then. And people in the middle of America would fall forit," Stewart said.

The new album likewise aims to recapture some of the feel of hiswell-liked solo disc "Every Picture Tells a Story" (1973), whichcontained the No. 1 hit "Maggie May."

"Maybe we captured the spirit of it, but the playing is morepolished," Stewart said. "This is not a sloppy album, and `EveryPicture Tells a Story' was a sloppy album, which was half of itsappeal. I don't think this one is sloppy, though. It's reallywell-played."

To accomplish that, he enlisted two new and excellent guitaristsin Oliver Leiber (son of Elvis Presley songwriter Jerry Leiber) andJohn Shanks, whom he said he "stole" from Melissa Etheridge's band.

"This is the first time I've had two American guitarists," hesaid. "I think there's some of the best guitar work on this albumthan on anything since I was with Jeff Beck."

As good as his band is, Stewart sounds even better. His versionof Nick Lowe's "Shelly My Love" is a wonder, with Stewart's voiceclimbing into falsetto with an ease and finesse that would shame asinger half his age, while "Rocks" finds him spitting lyrics with thevigor of one who believes every word of the "Get your rocks off"chorus. The guy sounds as good as he ever has.

"Believe it or not, I'm a lot fitter now than I was, I'd say, 15years ago," he says, adding that he owes much of his vocal vitalityto the earpiece-style monitors he has been using onstage. Looking abit like a pair of hearing aids, these tiny wireless headphones letsingers hear what they're doing no matter how loud the band is.

"I think I would have had to have stopped singing 10 years agoif I hadn't started using these things," says Stewart. "I waspunishing my voice so much, because I couldn't hear myself.

"So because I don't have to put so much energy in trying to getmy voice above the band, I seem to have a lot more energy to put intothe show, and I seem to have more range in the voice than I've everdone. I mean, I think the voice on this album sounds incredible.

"If I say so myself," he says, and laughs. "But it's true. Thevoice, it just gets better and better."

The new record was first conceived as a disc of songs bycontemporary tunesmiths.

Stewart found himself at home with Oasis' "Cigarettes andAlcohol" (a Faceslike tune from a band Stewart calls "self-acclaimedFaces fans"), Primal Scream's "Rocks" (a boogie track with sax), andGraham Parker's "Hotel Chambermaid" (from Parker's overlooked "HeatTreatment" album). Stewart added a few ballads (Lowe's "Shelly MyLove," Skunk Anansie's "Weak," and, at the urging of Elvis Costello,Ron Sexsmith's "Secret Heart").

To these, Stewart added a new version of the Faces song "Ooh LaLa" (with the Dylanesque verse, "I wish I knew what I know now when Iwas younger") and a new original track, "When We Were the New Boys,"about the "sweet memories" of Stewart's days in secondary school innorth London when "we held our glasses high and we dared to reach forthe sky."

Stewart dared to reach high after a non-musical career start.

"I was a professional footballer," he said of his soccer days."About the same time, as I left school I started to understand musicand started to listen to more of it. I did a spot of gravediggingand then went straight into music."

And he still fondly recalls the Faces. His new version of "OohLa La," which has been released as a single, is a tribute to itssongwriter, Ronnie Lane of the Faces, who died in the past year.

"Obviously there are some wonderful memories of the Faces days,"he said. "But the band really fell apart when Ronnie Lane left. Hewas the heart of the group, although Ronnie Wood (now with theRolling Stones) and I got most of the attention. But Ronnie Lane wasreally the engine of the band."

There are enough rock tracks on the new album to suggest thatStewart may finally get some up-tempo airplay and "stop the flow ofall the ballads" he has had in the last few years.

The new album reclaims his turf as a rocker, compared with theadult-contemporary mode he has been in.

These days, Stewart also is not pandering to anyone. Hisconfidence has risen - and so has his sense of playfulness. He evendelayed his tour to attend the World Cup soccer tournament in France.

And, after his summer tour, Stewart plans another "Unplugged"album with longtime buddy Wood, though he'll continue to keep hisears open for his next musical move.

"The kids keep me tuned in as well. They listen to a lot ofmusic," Stewart said of his offspring, who range from 3 years old to18. "But I'm just going to keep singing and doing what I want todo."

Need we add that some guys have all the luck?

Tuesday, March 13, 2012

Lobb among front-runners in Bath race

Former champion and Great Britain international Huw Lobbspearheads the domestic challenge in the Nationwide Bath HalfMarathon on Sunday, March 16.

Lobb is a late addition to the elite entry for the event that hasattracted a record 15,000 entries, up from 12,500 just 12 monthsago.

"Huw was originally going to run the Reading race last weekend, but pulled out with a cold so has now asked to run in Bath," saidrace director Andrew Taylor.

If Lobb can reproduce the form that saw him run his personal bestof 64mins 43secs in Reading last year, he will be among the topBritish challenges to the anticipated Kenyan presence.

"We are not sure which Kenyans will be running yet, but we shouldfind out next week," added Taylor.

Among the women, Chippenham international Amy Chalk is entered asis Cirencester's Wendy Nicholls.

The event incorporates the British Masters Championship so shouldenhance the competition at the front end.

"We have a much larger contingent of veteran runners than usual,"said Taylor.

Rabbi lauds papal visit as `moment of holiness'

Pope John Paul II's visit to a synagogue in Rome last Sunday was"a moment of holiness," a U.S. Jewish leader said this week.

"When we were born, we couldn't consider this happening," saidRabbi Ronald B. Sobel, chairman of the national intergroup relationscommittee of the B'nai B'rith's Anti-Defamation League, during adiscussion of the pope's historic visit. "If there ever was such amoment of holiness, (Sunday's visit) was it." A first for a pope

John Paul's visit was the first by a Roman Catholic pope to asynagogue. He told worshippers that Jews were Christians' "elderbrothers" and condemned "anti-Semitism directed against Jews at anytime and by anyone. I repeat, anyone."

Sobel and Eugene Fisher, executive secretary of theCatholic-Jewish relations committee of the National Conference ofCatholic Bishops, assessed the importance of the visit during atwo-hour program broadcast to 180 Catholic dioceses across the UnitedStates. A small group watched the program in a meeting room at HolyName Cathedral. `Longest historical trip'

Fisher said the pope is noted for his world travel. While histrip to the synagogue may have been "the shortest geographically, itwas the longest historically," he said.

Sobel and Fisher recounted the 2,000 years of sanctions againstJews by Christians. The turning point, they agreed, was the SecondVatican Council's 1965 document Nostra Aetate (In Our Times).

That statement, among other things, rejects the idea of Jewshaving collective guilt for the death of Christ. It also affirms aunique bond between Jews and Christians and says the Jewish role asGod's chosen people did not end with the birth of Christ.

Perhaps of more significance, according to Fisher, was for "theJewish community of Rome to accept the pope in their midst." `Spread the word'

Sobel questioned whether the majority of Roman Catholics knowanything about Nostra Aetate. The best thing the church could do tobuild Jewish-Catholic relations is to make sure the document istaught worldwide, he said.

Roman Catholic textbooks and liturgies have been purged ofinflammatory remarks about Jews, Fisher said, "But we have 2,000years to overcome."

"The glass is now half full," Fisher said.

Margaret Thatcher's operation successful in London

Former British Prime Minister Margaret Thatcher had a successful operation Friday to insert a pin in her broken arm, her son said.

Mark Thatcher said he was delighted the operation had gone well, but that his 83-year-old mother would remain in a London hospital at least until Wednesday.

"There's no prospect of her leaving over the weekend under any circumstances," he told reporters outside Chelsea and Westminster Hospital, where the former premier has been treated since a fall at her home a week ago.

"She wants to go home as quickly as possible but that's in the hands of the people in charge of her aftercare."

Thatcher's spokesman, Mark Worthington, told reporters Thursday the operation would involve putting a pin in Thatcher's fractured upper arm.

Thatcher has suffered a number of health problems in recent years, including a series of minor strokes.

She was Britain's first female prime minister and served three terms from 1979 until 1990. She transformed Britain in the 1980s with her pro-market policies. After leaving office, she was named Baroness Thatcher and took a seat in the House of Lords.

It's Back To Table On Perry

PLATTEVILLE, Wis. The Bears plan to reopen negotiations withWilliam Perry this week, but unless the defensive tackle's sights areset considerably lower, a quick settlement is unlikely.

The reason the Bears and Perry are getting together again is noteam was willing to give up a second round pick for Perry and pay himin the vicinity of $900,000 per year.

The Bears' plan of allowing Perry's agent Jim Steiner to shophis client worked exactly as the Bears had hoped. Now the Bears cantell Steiner he has no options and Perry isn't worth as much as hethought.

The Eagles were the only team with a sincere interest in Perry,and they were not about to give up a second round pick for him.

"We gave him the opportunity to look for a trade, and if no onemeets the asking price of both sides, he doesn't have an alternative,so we'll try to structure the right contract for him," Bearsnegotiator Ted Phillips said.

A trade still could happen, but Phillips said he expects Perrywill be a Bear. He said the chances were "50-50 or better" Perrywill rejoin his old team.

One major hurdle is the Bears still are insisting on a weightclause. Steiner has said he could not accept such a clause.

THE BEST POLICY: Coach Mike Ditka gave these frank appraisals offour players Saturday.

On kicker Kevin Butler: "He shaved it inside the uprights acouple times. Close is not what we're looking for."

On free agent running back Travis Talton: "He has a long row tohoe, really a long row. The chances for him would be very remotebecause we've got a lot of good running backs. But I like him theway he sticks his nose in there."

On free agent fullback Robert Taylor and 10th round fullbackNikki Fisher: "Robert Taylor is a big guy, but I wish he had a littlemore quickness. But boy is he a load. He does some things well attimes. So does Nikki. Whether they do it well enough consistently,I don't know."

Taylor is nicknamed "Homes," as in Robert Taylor Homes, becauseat 279 pounds, teammates say he is as big as the housing project.

DAY OF REST: Curfew was lifted last night, and players weregiven today off.

Many planned on taking advantage of the opportunity by golfing,visiting with families or sleeping late.

They'll have a hard week ahead of them, though.

"We'll work like heck Monday, Tuesday and Wednesday, reallyhard," Ditka said. "Running, conditioning. I mean, we're going topress the button."

Dems Shift Focus in Prosecutors' Probe

WASHINGTON - Democrats are shifting their attention on the botched firings of eight federal prosecutors from Attorney General Alberto Gonzales' fitness to head the Justice Department to the White House role in the dismissals.

In the three weeks since Gonzales testified before a Senate committee, the department disclosed that it is investigating whether his former White House liaison, Monica Goodling, weighed the political affiliations of those she considered hiring as entry-level prosecutors. Consideration of such affiliations could be a violation of federal law.

More of the eight fired U.S. attorneys also have told congressional investigators they were warned that if they publicly protested their dismissals, Justice Department officials would publicly criticize their performance. And there have been new allegations that U.S. attorneys were evaluated on their enthusiasm for pursuing voter fraud cases that might benefit Republican candidates.

Gonzales is expected to be asked about those developments Thursday in his first appearance before the House Judiciary Committee since Democrats took control of Congress.

"All of that goes to the larger question," House Judiciary Committee Chairman John Conyers, D-Mich., said Wednesday in a telephone interview. He said the bigger question is who put together and approved the list that caused the eight U.S. attorneys to lose their jobs.

Conyers is holding a subpoena for White House political adviser Karl Rove but has not issued it. Meanwhile, the Senate Judiciary Committee last week subpoenaed Gonzales for all e-mails the Justice Department has gathered regarding Rove and the firings.

Senators had little success in getting answers from the attorney general three weeks ago. In more than 70 responses to questions by members of the Senate panel, Gonzales said he could not recall or did not remember conversations or events surrounding the dismissals. Republican supporters were shaken by his performance, but President Bush issued a strong vote of confidence in him.

There was little indication that Gonzales planned to disclose much more. Asked Wednesday during a news conference whether he's refreshed his memory, Gonzales replied: "I can only provide information as to what I know and to what I recall, and that's what I intend to do, as I have done in the past."

Clearly, he's less under siege now. Republican calls for him to resign tapered off after Bush's strong reaffirmation of support for him, and lawmakers have turned their attention to a stalemate with the president over his order to increase troops in Iraq and their growing resolve to bring them home.

In prepared testimony, Gonzales said it's time to move on.

"Recent events must not deter us from our mission. I ask the committee to join me in that commitment and that rededication," he said, citing what he said were accomplishments in protecting national security and fighting pedophiles.

Meanwhile, the Senate Judiciary Committee has asked Bradley Schlozman, a former interim head of the Civil Rights Division at Justice, to speak with investigators about whether former U.S. Attorney Todd Graves in Kansas City was replaced because he refused to sign a federal lawsuit alleging voter fraud in Missouri a year before the 2006 election.

Graves, who resigned, said Wednesday he had no inkling he was on a list of attorneys targeted for replacement.

"When I first interviewed in 2001 with the United States attorney screening committee at DOJ, I was asked to give the panel one attribute that describes me," Graves said. "I said 'independent.' Apparently, that was the wrong attribute."

Gonzales, asked about Graves during a Michigan appearance on Tuesday, said: "I'm not aware he was forced out."

Subway Strike Derails Argentine Capital

110 BUENOS AIRES, Argentina - Leftist union members shut down the Buenos Aires subway system with a one-day strike Thursday, causing huge traffic jams as commuters drove, packed buses or struggled to hail taxis.

Subway workers walked off the job to demand higher wages and better working conditions, disrupting the commute for an estimated 1 million passengers.

"I've tried for the longest time and can't even get a taxi," said Nicole Blas, an office worker who failed three times in three minutes to wave down a passing cab.

All five subway lines were mostly shut down before dawn, though operator Metrovias said it had reached agreement with most of its unions Wednesday night. A leftist union, still balking at terms, called the strike.

The chaos soured the mood in the capital, two days after commuters at a busy railroad station rioted over delays.

During rush hour Tuesday, passengers angry over train cancellations burned a ticket booth, looted shops and clashed with police, who responded with rubber bullets and tear gas. Some 21 people were injured and 16 arrested.

Thursday evening, Todo Noticias network broadcast images of bumper-to-bumper gridlock on main avenues exiting the capital. Hundreds of people could be seen crowding sidewalks, opting instead to walk home from work.

"This is bad, really bad," said 27-year-old lawyer Gonzalo Soler, who walked miles to work. "I don't want to ride the buses because they are all packed."

The strike was the latest in a series of conflicts by workers demanding pay increases to offset inflation expected to top 10 percent this year. President Nestor Kirchner recently authorized wage hikes of 15 to 16.5 percent for some major unions, including truckers.

But other groups are pressing for increases of up to 30 percent, including restaurant and food workers contemplating strikes next week.

Meanwhile, the subway workers who walked out Thursday reported no immediate agreement.

Now You See It . . .

OPTICAL ENGINEERING

Every time boy wizard Harry Potter dons his invisibility cloak and, well, turns invisible, who among us doesn't secretly wish to have one, too? We may not have long to wait. "An optical cloaking device is almost in reach," says Harley Johnson, professor of mechanical engineering at the University of Illinois, Urbana-Champaign. Johnson and his postdoc, Dong Xiao, have run computer simulations that show objects coated with concentric rings of silicon photonic crystals can produce "approximate optical cloaking."Two years ago, researchers at Duke University and Imperial College, London, created a cloaking effect at the microwave, invisible portion of the spectrum, using ring resonators - tiny metallic structures. But it's not yet possible to construct them to work at smaller wavelengths, in the spectrum's visible portion. So Dong suggested trying crystals instead. Johnson says it's a bit like water bending around a rock. When light hits the coating, it flows around the coated object, which then seems to disappear. More work needs to be done, however. The bent waves are perturbed, so the object isn't fully masked; hence the "approximate" optical cloaking. But science and wizardry seem close to merging. - TG

East Asia currency bonds growth slows to 5.5 pct

MANILA, Philippines (AP) — Emerging East Asia's local currency bond markets have expanded at a slower pace in the third quarter but still remain attractive despite the European debt crisis and Asia's economic slowdown, a report said Tuesday.

At the end of September, the region had $5.5 trillion in outstanding bonds — 5.5 percent more than a year earlier in local currency terms, the Asian Development Bank said in its Asia Bond Monitor.

That compared with a year-on-year growth rate of 7.6 percent at the end of the second quarter of 2011.

Despite a slower growth, Asia's low debt levels, strong economic fundamentals and yields compared to bonds of developed markets "contribute to the attractiveness of local bonds," said Iwan J. Azis, head of the ADB's Office of Regional Economic Integration.

Risks include uncertainties over Europe's debt crisis, which is generating market volatility and a flight to safe-haven investments, and a slowdown in Asian growth.

China has the largest local currency bond market in emerging East Asia with $3.2 trillion in bonds outstanding at the end of September, while Vietnam was the fastest-growing local currency bond market in the third quarter, expanding 22.2 percent on year to $17 billion.

A total of $829 billion in bonds were issued the third quarter, up 7.6 percent from the second quarter — but down 19.9 percent year-on-year as central banks reduced sales to offset foreign exchange inflows.

Corporate issuance was also down 24.4 percent on a year-on-year basis. This decline, however, was from extraordinarily high levels in 2010, according to the ADB.

Some countries, like Thailand, have started to issue local government bonds and bonds for local government-owned companies. China has approved bond issues by the municipal government of Shanghai and the province of Guangdong.

Yield curves in most markets have flattened and in some cases shifted downwards as markets and policymakers focus on supporting growth rather than stemming inflation, the report said.

___

Online:

http://www.adb.org

Monday, March 12, 2012

Protecting the public interest: The role of the CA profession

The CICA recently commissioned Kroll Associates to conduct a nationwide survey of stakeholders to examine how effectively the profession is serving corporate Canada and fulfilling its public service mandate. The survey included retail investors, corporate directors, business and association leaders, and financial analysts. Top-line findings indicate strong public confidence in the ethical practices of the CA profession.

Overall, Canadian Chartered Accountants enjoy a healthy reputation for ethical practices.

Retail investors ranked CAs' "reputation for ethical practices" among the top three of the ten professions rated. On average, CAs were rated 7.18 on 10-point scale, after doctors (8.05) and university professors (7.48). Almost half (46%to) of the respondents rated CAs "8" or above.

* Within the business community, CAs enjoy an even stronger reputation for ethical practices: CAs were rated highest among the ten professions (mean rating of 8.26 on 10-point scale).

The research also suggests that there may be an opportunity to educate the

public on corporate governance and the crucial role of audit committees.

Most (83%) business people believe audit committees can play a "determining role in the quality of financial reporting".

Despite the importance of audit committees to the quality of vital information, only 26% of retail investors said they had a good understanding of the role of audit committees. Half (49%) the retail investors rated their understanding of audit committees as poor or "didn't know".

The business community has confidence in the quality of Canadian audited financial statements.

74% of business people rate the overall quality of audited financial statements as "4" or "5" (on a 5-point scale, 5 being "excellent" and 1 being "poor"). The mean rating was 3.8 out of 5.0.

* Most (86%) also believe that the quality of audited financial statements has either "improved" (44%) or "stayed the same" (42%) over the past five years.

Improvements were generally attributed to higher professional standards and more complete guidelines. 77% believe auditors rigorously follow "a combination of set practices and case-by-case procedures".

CICA forum will publish more results from this study in upcoming issues.

Indonesia to execute 3 Bali bombers in November

Three Indonesian Islamic militants on death row for the 2002 Bali bombings will be executed next month, prosecutors said Friday.

The convicts _ Imam Samudra, Amrozi Nurhasyim and Ali Ghufron _ have "exhausted their legal options," Jasman Panjaitan, a spokesman for Indonesia's Attorney General, told reporters.

The militants, who maintain their attacks were meant to punish the U.S. and its Western allies for alleged atrocities in Afghanistan, will be executed by a firing squad in the island prison where they are being held. Panjaitan did not provide an exact date.

They were convicted of planning and helping carry out the Oct. 12, 2002, suicide bombings targeting two nightclubs on the resort island of Bali that left 202 people dead, many of them foreign tourists.

Members of the government "don't have any hesitations" about having authorities carry out the death sentences, Vice President Jusuf Kalla told reporters after Muslim prayers.

Indonesia, the world's most populous Muslim majority nation, has won praise in recent years for rounding up hundreds of militants. It has been three years since a major attack.

On Tuesday, police detained five suspected militants said to have been plotting to blow up Indonesia's largest fuel depot in a north Jakarta neighborhood.

The Bali attacks _ allegedly funded by al-Qaida _ were carried out by members and associates of Jemaah Islamiyah, a Southeast Asian militant group blamed for at least three other suicide bombings in Indonesia, including attacks on the J.W. Marriott hotel and the Australian Embassy in Jakarta.

The last bombings occurred in 2005, killing 21 people in multiple blasts in Bali cafes and restaurants.

As Koch struggles, Foulke on target Ex-Sox closer felt he was pushed out after subpar 2002

Perhaps its new name will help Keith Foulke when he walks into theballpark he knew as Comiskey Park.

The veteran relief pitcher who was such a part of White Soxhistory--he came from the San Francisco Giants in the famous "whiteflag" trade of 1997 and went on to save 100 games--already knows itwill feel strange today coming to U.S. Cellular Field in the uniformof the Oakland Athletics.

"It'll be a little bizarre going into the other clubhouse anddugout," he told the Contra Costa Times. "But I've separated myselffrom that situation. I'm very happy here. So in that respect, it'sreally no big deal."

Foulke was traded to the Athletics last winter after a year turnedsour for the fiery 30-year-old right-hander. The Dec. 3 deal sendingFoulke, catcher Mark Johnson and a minor-league pitcher brought inreturn the A's ace closer and Rolaids Relief Award winner Billy Kochin the first of two major deals by general manager Ken Williams.

The teams meet for the first time this season with the closersgoing through differing Aprils.

Foulke has had a good month, saving six games and posting a 2.19ERA with 15 strikeouts to three walks in 121/3 innings. Koch hasstruggled with a 1-1 record, 9.00 ERA and three saves in fiveopportunities but has 13 strikeouts to five walks in 11 innings.

Koch, 28, had only six blown saves last season in running awaywith the American League's top relief pitcher honors with 44 savesand an 11-4 record. Koch has said his problems are more about commandof his pitches than mechanics or velocity.

"I just have to work on missing the bat," he said last week. "It'sgetting a little frustrating. I had problems in 2001--I was all overthe place [throwing] but I worked it out last year and now we've gotit where I want [mechanically]. Now it's a matter of making betterpitches."

Sox manager Jerry Manuel is being selective in using Koch inclosing situations. On Sunday, with the Sox leading Minnesota 3-1 inthe ninth, Koch was warming in the bullpen. But with Man-uel watchingin the clubhouse after being ejected in the first inning, thedecision came to stay with left-hander Damaso Marte, who had pitchedthe eighth.

"Koch is still our closer," Man-uel said. "But the situation wasleft-right-left [hitters], and it was a good opportunity for Marte toget a save. It goes back to we have to get certain people going, andMarte is a critical part of the bullpen.

"I've always said with a good bullpen, you shouldn't be afraid toget saves with anyone. Billy Koch is throwing well, but not quite aswell as he has [before]. It means we have one other guy who can getsaves."

That was the scenario last season when a struggling Foulke losthis closer role to Marte and Antonio Osuna, since traded to the NewYork Yankees. Manuel met privately with Foulke, telling him he couldearn back his role. But the decision weighed hard on the vocal teamleader who ranks third on the Sox all-time saves list.

"I don't think I was treated the way I should've been treated,"said Foulke, who finished with a 2-4 record, 2.90 ERA and 11 saves. Ifeel like they just kind of pushed me out, and I was never reallygiven an explanation. It could've been handled better. But you lookat it now and where I am with the [Oakland] organization and itprobably was a blessing in disguise."

At the time of the trade, Foulke was concerned about joining a newteam.

"The adjustment has been great," Foulke said. I really like ithere. The guys are great and they allow you to just be yourself. It'sdefinitely an atmosphere that's conducive to winning.

"I had a great time [with the Sox]. One bad season isn't going totake that away. I was there for five-plus years. It's where Iestablished myself in the big leagues. It's where I learned how topitch and where I got an opportunity to close games. I have goodmemories. It's just the last season that I want to forget."

Foulke and the A's arrive with a four-game winning streak undernew manager Ken Macha. After winning two of three from Minnesota, theSox know they face another difficult series against Oakland and thenagainst West Division-leading Seattle.

"With their pitching staff, we have to try to score runs any waywe can," Frank Thomas said. "They were scuffling a little, too. It'sa new season and no one but the Yankees has come out the way it wasexpected. We're one of the elite teams, too, so we just have to getit going."

Much as he wants his hitters to get hot, Manuel believes theseries will be decided by pitching.

"You expect good pitching from them, and hopefully we'll get sometimely pitching, too," he said. "We'll need Bartolo [Colon] to shutthem down [today] and try to get some timely hitting."

Rome Film Festival organizers announce lineup

Al Pacino, Keira Knightley, Viggo Mortensen and Colin Firth are among the film stars who will attend the Rome Film Festival this month, organizers said Wednesday.

The festival, which runs Oct. 22-31 in the Italian capital, will host the world premiere of "8," a U.N.-backed movie on poverty made of eight segments by directors including Jane Campion and Wim Wenders.

The film, screening out of competition, aims to raise awareness of world poverty. It is inspired by the U.N.'s Millennium Development Goals which were adopted by world leaders in 2000 to cut poverty and disease and improve health care and education for the world's poor by 2015.

But halfway through the deadline, not all countries have met those goals.

The stories focus on Africa, the U.S., Australia, Iceland, Germany and the Amazon rain forest, organizers said. Gael Garcia Bernal, Gus Van Sant, Mira Nair, Jan Kounen, Abderrahmane Sissako and Gaspar Noe are also among the movie's directors.

The festival will also screen out of competition Saul Dibb's historical pageant "The Duchess," starring Ralph Fiennes and Knightley as the spirited and unconventional Georgiana, duchess of Devonshire, an 18th-century ancestor of Princess Diana. The film is screening out of competition.

Among the 20 movies competing for the Best Movie Award are U.S. police drama "Pride and Glory" by Gavin O'Connor, starring Edward Norton, Colin Farrell and Jon Voight and a French-Cambodian film, "Un Barrage contre le Pacifique" (The Sea Wall), a screen adaptation of the novel by Marguerite Duras, starring Isabelle Huppert.

Also competing is "Easy Virtue," a 1920s period comedy with Ben Barnes as a young man who shocks his upper-crust English family by bringing home his American bride, played by Jessica Biel. Colin Firth and Kristin Scott Thomas also star in the movie.

Al Pacino is expected to come to pick up an acting award and take part in public meetings and conferences, organizers said. Director David Cronenberg will also attend.

The festival _ mainly held at the city's Auditorium, an exhibition and concert center designed by architect Renzo Piano _ also features a section dedicated to movies for or about children and teenagers.

___

On the Net:

http://www.romacinemafest.it

US official says banks can restart foreclosures

WASHINGTON (AP) — President Barack Obama's top housing official said Wednesday that lenders are within their rights to resume foreclosures this month despite allegations that they erred in processing documents. But he said the banks could face fines if found to have broken the law.

"They've made a business decision," Shaun Donovan, the secretary of housing and urban development, said in an interview at the White House.

Two big lenders — Bank of America Corp. and Ally Financial Inc.'s GMAC Mortgage unit — are restarting foreclosures after halting them temporarily. They had frozen those cases amid allegations that employees signed but didn't read foreclosure documents that may have contained errors. The companies say they are fixing the problems in the documents.

Donovan noted that several federal agencies, including his department and the Federal Trade Commission, have authority to penalize mortgage companies if they're found to have violated the law.

"We are going to hold them accountable," he said.

The housing secretary discussed the foreclosure document mess earlier in the day with officials from 11 federal agencies that are reviewing the issue. He said the government is also in contact with 50 state attorneys general who have launched their own inquiry.

Donovan said the government has found no evidence that the system used to handle foreclosures is flawed, even though some banks may not have followed proper procedures.

A federal law enforcement official told The Associated Press on Tuesday that the FBI is trying to determine whether the financial industry broke criminal laws in the mortgage foreclosure crisis.

The law enforcement official said the question is whether some in the industry were acting with criminal intent or were merely overwhelmed after the housing market's collapse. The official spoke on condition of anonymity because the investigation is just getting under way.

In a related inquiry, Donovan said the Federal Housing Administration has found disparities in how five major lenders have responded to distressed homeowners. He said the FHA reached that conclusion after a four-month review. He declined to name the lenders.

The government has authority to fine lenders that fail to comply with guidelines of the FHA, which guarantees some home loans.

Some lawmakers have called for a national halt to foreclosures. The Obama administration opposes such a move. It says doing so could hurt the housing market by making it harder for buyers of foreclosed homes to complete their transactions.

In an interview earlier this week, Rep. Barney Frank, the chairman of the House Financial Services Committee, said he also didn't support a nationwide foreclosure freeze.

"It never seemed to me that the great majority of these foreclosures were going to be invalid," he said.

Frank said, though, that lawmakers should work next year to enact tighter regulations over the industry.

US mom says daughter killed herself after Internet friendship turned out to be hoax

Megan Meier thought she had made a new friend in cyberspace when a cute teenage boy named Josh contacted her on MySpace and began exchanging messages with her. He was not who he said he was.

Megan, a 13-year-old who suffered from depression and attention deficit disorder, corresponded with "Josh" for more than a month before he abruptly ended their friendship, telling her he had heard she was cruel.

The next day Megan committed suicide. Her family learned later that Josh never actually existed: He was created by members of a neighborhood family that included a former friend of Megan's with whom she had had a falling-out.

Now Megan's parents hope the people who made the fraudulent profile on the social networking Web site will be prosecuted, and they are seeking legal changes to safeguard children on the Internet.

The girl's mother, Tina Meier, said she does not think anyone involved intended for her daughter to kill herself.

"But when adults are involved and continue to screw with a 13-year-old, with or without mental problems, it is absolutely vile," she told the Suburban Journals of Greater St. Louis, which first reported on the case.

Tina Meier said law enforcement officials told her the case did not fit into any law. But sheriff's officials have not closed the case and pledged to consider new evidence if it emerges.

Megan Meier hanged herself in her bedroom on Oct. 16, 2006, and died the next day. She was described as a "bubbly, goofy" girl who loved hanging out with her friends, watching movies and fishing with her dad.

Megan had been upbeat, her mother said, after striking up a relationship on MySpace with "Josh Evans" about six weeks before her death. But, they said she received a message from him on Oct. 15 of last year, essentially saying he did not want to be her friend anymore because he had heard she was not nice to her friends.

Someone using Josh's account was sending cruel messages. Then, Megan called her mother, saying electronic bulletins were being posted about her, saying things like, "Megan Meier is a slut. Megan Meier is fat."

Megan's mother, who monitored her daughter's online communications, returned home and said she was shocked at the vulgar language her own daughter was sending. She told her daughter how upset she was about it.

Megan ran upstairs, and her father, Ron, tried to tell her everything would be fine. About 20 minutes later, she was found in her bedroom. She died the next day.

Her father said he found a message the next day from Josh, which he said law enforcement authorities have not been able to retrieve. It told the girl she was a bad person and the world would be better without her, he has said.

Another parent, who learned of the MySpace account from her own daughter who had access to the Josh profile, told Megan's parents about the hoax in a counselor's office about six weeks after Megan died. That is when they learned Josh was imaginary, they said.

The woman who created the fake profile has not been charged with a crime. She allegedly told the St. Charles County Sheriff's Department she created Josh's profile because she wanted to gain Megan's confidence to know what Megan was saying about her own child online.

City officials in Dardenne Prairie, a community of about 7,000 residents about 35 miles (56 kilometers) from St. Louis, have proposed a new ordinance related to child endangerment and Internet harassment. It could come before city leaders on Wednesday.

"Is this enough?" Mayor Pam Fogarty said Friday. "No, not by any stretch of the imagination, but it's something, and you have to start somewhere."

Wednesday, March 7, 2012

Saints' McAllister getting MRI; left knee swelled

Saints running back Deuce McAllister has missed a practice, and coach Sean Payton says he is scheduled to have an MRI on his left knee.

McAllister had surgery to repair a torn anterior cruciate ligament in that knee last season.

Payton said it swelled up after Friday's practice and trainers had to drain fluid from it. McAllister sat out Saturday morning's practice.

Payton said doctors don't know if anything is wrong with the ligament but because of last year's surgery they want to be sure.

Electronic adventures: Video and computer game reviews.(The Dallas Morning News)

BASS AVENGER

Maker: Simon & Schuster Interactive

Rating: 1 star

System: PC CD-ROM

System requirements: Windows 95/98/Me, Pentium 133, 4X CD-ROM, 16MB RAM, 170MB free space

Suggested price: $19.99

Number of players: 1

Bass Avenger is a parody of fishing games, but it has nothing to lure the discerning gamer.

Here, you are a tough fish who is trying to catch redneck fishermen with lures such as pizza, beer and girlie magazines. Unfortunately, catching fishermen quickly becomes boring. After a few minutes, you learn exactly where to cast to catch a fisherman. There is no difficulty in reeling one in because line tension can be easily maintained.

Graphics are subpar. Water has only two shades of blue, and there are harsh transitions between colors. Characters are poorly animated, and the shoreline scenes are mundane.

Bass Avenger has little replay value. There is one mode of play in two fundamentally identical lakes. The game's jokes are funny the first few minutes, but the novelty wears off quickly.

Bass Avenger barely makes a splash in the world of fishing games. Throw this fish back in the water and save your money for a better game.

Rated for ages 13 and older due to mature humor.

_Zachary Clifford

X X X

DEAD OR ALIVE 2: HARDCORE

Maker: Tecmo

Rating: 3{ stars

System: PlayStation 2

Suggested price: $49.99

Number of players: Up to 4

Tecmo has brought its killer fighting game to the PlayStation 2 with a vengeance.

This awesome title is an excellent showcase for the powerful new platform.

So grab some friends and be prepared to stay up late.

Dead or Alive 2 is a traditional hand-to-hand combat fighting game. It emphasizes counterattacks and grapple moves instead of pounding your opponent with a weapon.

No fireballs to throw here _ it's pure contest between martial arts masters. Learning counterattacks and killer combos (punch, kick) to destroy your opponent greatly adds to play, too. Defeating opponents unlocks clues to their lives.

Choose from 12 unique fighters, each with a special power and attack.

Each character has a life gauge, and taking hits lowers the gauge until the fighter eventually dies.

Players fight in picturesque multilayered environments, complete with weather effects and lifelike detail. Dead or Alive 2 displays the human anatomy in a realistic fluid motion never seen before in video games.

This game has lots of extras, too. Completing the game (defeating all seven characters and a boss character) unlocks hidden stages, new characters and new outfits for all players. There is even an art gallery where actual game views can be displayed. Players can also select other game modes such as Time Attack, Tag Team Battle, Survivor and Sparring.

Simply put, this is possibly the best-looking fighting game I have seen. This game supports the analog control and vibration function.

Recommended for ages 12 and older due to animated violence.

_John A. Perez

X X X

DESTRUCTION DERBY RAW

Maker: Midway

Rating: 2 stars

System: Sony PlayStation

Suggested price: $40

Number of players: Up to 4 via multitap adapter

At its heart, Destruction Derby Raw is essentially a compromise. It isn't nearly as good as the Gran Turismo or Ridge Racer series as far as racing goes, and it can't match Twisted Metal for all-out destructiveness, but it does do both surprisingly well.

In the Wreckin' Racing mode, you try to unlock 25 tracks and more than a dozen vehicles by earning points through winning races or inflicting heavy damage. You can make your vehicles better in Smash 4 $, where you earn money that can be spent on new vehicles and upgrading current ones. In the multiplayer mode, Battle, you can choose many submodes such as Assault, Destruction Derby, Skyscraper and Pass Da Bomb. All of the submodes amount to smashing your live and artificial opponents before they smash you, albeit in different and unique ways.

Game play is smooth and cars handle naturally with an almost arcadelike feel. Graphics are mediocre, with boxy cars and unimpressive damage effects. On the other hand, the music and sound effects are good, and they fit the game well. Loading time is slow and the movies are dull, however.

Rent this game to play with friends rather than buy it.

Recommended for ages 6 and older.

_Andrew Alford

X X X

JARRET AND LABONTE STOCK CAR RACING

Maker: Codemasters

Rating: 3{ stars

System: Sony PlayStation

Suggested price: $39.95

Number of players: Up to 4

After two so-so installments, Codemasters is offering stock car racing that can match the likes of Gran Turismo. With up to 42 car models, including the Ford Taurus, Dodge Viper, Lexus, Chrysler, Audi TT and Mustang GT, you can race against 13 pros on 23 real-world tracks, each re-created from photographs, helicopter footage, video and lasers to assure pinpoint accuracy.

As in real life, the handling of your car is affected by the seriousness of the damage. Accurate physics will make your car lean from the stress of a turn, and you must compensate to maintain control of the wheel. Never feel overconfident because the artificial intelligence has a randomness that could ruin a perfect race.

Stock Car Racing features replays, modes, car customizing and a selection of racing views. But best of all is the 360-degree freeze-frame camera that highlights collisions during replays.

The audio is packed with soundtracks from Moby, Lit, Methods of Mayhem, Offspring and Radiator. Ned Jarrett, a professional announcer for more than 30 years, provides commentary.

This is a solid, in-depth racing game for all ages.

_Harold E. Scull Jr.

X X X

NFL GAMEDAY 2001

Maker: Sony 989 Sports

Rating: 1 star

System: Sony PlayStation 2

Suggested price: $49.99

Number of players: Up to 8 with 2 multi-tap adapters

The next generation of Sony's classic NFL Gameday series comes loaded with modes: Preseason, pick two teams, assign players and go; Season, pick a team and take them through a 16-game season and playoffs; Tournament, either eight or 16 teams vie for the championship; General Manager, handle a team through multiple seasons while dealing with the salary cap, retiring players and college draft; Playbook editor, where you modify existing plays. You can also create your own players.

Unfortunately, this game was rushed _ and it really shows. Bugs, horrid game play and awful graphics make for a bad experience. The problems surface on the field, including the commentators reporting that a defensive player plays on the offensive team whenever a tackle is made. Players look fat and goofy and seem to be missing animations. Huge artificial intelligence problems exist as well, allowing a certain type of play to be used over and over again. The stadiums look good, and the sound and commentary are OK.

Madden raised the bar for football on the PS2, and this game shouldn't be mentioned in the same breath.

Rated for all ages.

_Jon Greisz

X X X

NBA 2K1

Maker: Visual Concepts

Rating: 4 stars

System: Sega Dreamcast

Suggested price: $50

Number of players: Up to 8 via Internet

Smooth online game play and a huge load of features make this basketball simulation a true gem.

Let me stress the word sim,

however, because if you prefer arcade-style basketball, you'll be driven nuts by this game's learning curve, particularly in shot precision and blocking fouls. Also, passing is a little too precise.

But those are my only complaints. Otherwise, game play is much improved over last year's version, thanks to quicker juke moves, improved computer artificial intelligence and many other tweaks.

Graphics are also cleaner, most noticeably in animation clarity. Thus, the pace isn't slowed by unneeded animations.

Unfortunately, while the sound effects and player chatter sound nice, play-by-play commentary is forced and excessive.

Plenty of modes await basketball fans, including the typical Season and Playoff features. But three new modes really shine. In Franchise, players build a team from the ground up, similar to NFL 2K1, and have the kind of team control that PC gamers usually brag about.

Street games allow two-on-two games (or any number you choose), which is nice when four friends want a multiplayer game without the extra characters. Online play is impressive and seamless. I tested this out on a slow server with nary a slowdown.

Visual Concepts is proving a serious contender for best sports game maker, particularly with this one under its belt.

Suitable for all ages.

_Sam Machkovech

X X X

STAR TREK: INVASION

Maker: Activision

Rating: 3 stars

System: Sony PlayStation

Suggested price: $39.99

Number of players: Up to 2

Star Trek: Invasion is one of the few, if not the only, Star Trek game for the PlayStation. And it's a pretty worthwhile dogfight.

After a stirring call to duty from Lt. Commander Worf (Michael Dorn), you're set up as the leader of a squad of Valkyrie space ships. These are small fighter pilot ships with all the Star Trek trimmings from photon torpedoes to phasers. The game takes place after the end of the third Star Trek TV series, Deep Space Nine.

Chancellor Mortok, the new ruler of the Klingon Empire, is fending off the attacks of the Borg with the help of the Federation and your squadron.

It's a fast-paced game with lots of action and a visually appealing feel. The game has a large set of missions and plenty of bonus levels. So if you finish a level in record time, instead of going to level 10, there's a level 9a.

The only downside: It gets repetitive. The game is nothing but dodging fire and firing back, not even any reconnaissance missions to keep the interest going, but the action and feel make it enjoyable.

_Rufus Coleman

X X X

BANJO-TOOIE

Maker: Nintendo/Rare

Rating: 4 stars

System: Nintendo 64

Suggested price: $49.99

Number of players: Up to 4

If you own a Nintendo 64, you have to get Banjo-Tooie, the sequel to Banjo-Kazooie (Banjo Two-ie, get it?).

The evil witch Gruntilda is seeking revenge on the backpacking bear and bird duo and it's up to Banjo and Kazooie to stop her.

To progress in this three-dimensional adventure, you'll have to collect golden jigsaw puzzle pieces scattered throughout the game's nine gargantuan levels. Players will explore a variety of locations, such as a prehistoric wasteland or a run-down amusement park. You'll do all sorts of crazy things to get those jigsaw pieces, such as drive bumper cars, bounce in an inflatable castle and play soccer with statues.

In the first game, Banjo and Kazooie were inseparable, but in this game Kazooie can hop out of Banjo's backpack for some solo adventuring. You can also play as the magical shaman Mumbo Jumbo this time, as well as change into all sorts of crazy things like a washing machine or a T-Rex.

The textured graphics are some of the best yet on the N64, and you can see into the distance for miles. You'll never get tired of the music because it is constantly changing.

Play control is excellent, which comes in handy when you're trying to execute one of the 40 new moves in the game.

Rated and highly recommended for all ages.

_Cary Woodham

X X X

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Distributed by Knight Ridder/Tribune Information Services.

(c) 2000, The Dallas Morning News.

Visit The Dallas Morning News on the World Wide Web at http://www.dallasnews.com/

Distributed by Knight Ridder/Tribune Information Services.

Electronic adventures: Video and computer game reviews.(The Dallas Morning News)

BASS AVENGER

Maker: Simon & Schuster Interactive

Rating: 1 star

System: PC CD-ROM

System requirements: Windows 95/98/Me, Pentium 133, 4X CD-ROM, 16MB RAM, 170MB free space

Suggested price: $19.99

Number of players: 1

Bass Avenger is a parody of fishing games, but it has nothing to lure the discerning gamer.

Here, you are a tough fish who is trying to catch redneck fishermen with lures such as pizza, beer and girlie magazines. Unfortunately, catching fishermen quickly becomes boring. After a few minutes, you learn exactly where to cast to catch a fisherman. There is no difficulty in reeling one in because line tension can be easily maintained.

Graphics are subpar. Water has only two shades of blue, and there are harsh transitions between colors. Characters are poorly animated, and the shoreline scenes are mundane.

Bass Avenger has little replay value. There is one mode of play in two fundamentally identical lakes. The game's jokes are funny the first few minutes, but the novelty wears off quickly.

Bass Avenger barely makes a splash in the world of fishing games. Throw this fish back in the water and save your money for a better game.

Rated for ages 13 and older due to mature humor.

_Zachary Clifford

X X X

DEAD OR ALIVE 2: HARDCORE

Maker: Tecmo

Rating: 3{ stars

System: PlayStation 2

Suggested price: $49.99

Number of players: Up to 4

Tecmo has brought its killer fighting game to the PlayStation 2 with a vengeance.

This awesome title is an excellent showcase for the powerful new platform.

So grab some friends and be prepared to stay up late.

Dead or Alive 2 is a traditional hand-to-hand combat fighting game. It emphasizes counterattacks and grapple moves instead of pounding your opponent with a weapon.

No fireballs to throw here _ it's pure contest between martial arts masters. Learning counterattacks and killer combos (punch, kick) to destroy your opponent greatly adds to play, too. Defeating opponents unlocks clues to their lives.

Choose from 12 unique fighters, each with a special power and attack.

Each character has a life gauge, and taking hits lowers the gauge until the fighter eventually dies.

Players fight in picturesque multilayered environments, complete with weather effects and lifelike detail. Dead or Alive 2 displays the human anatomy in a realistic fluid motion never seen before in video games.

This game has lots of extras, too. Completing the game (defeating all seven characters and a boss character) unlocks hidden stages, new characters and new outfits for all players. There is even an art gallery where actual game views can be displayed. Players can also select other game modes such as Time Attack, Tag Team Battle, Survivor and Sparring.

Simply put, this is possibly the best-looking fighting game I have seen. This game supports the analog control and vibration function.

Recommended for ages 12 and older due to animated violence.

_John A. Perez

X X X

DESTRUCTION DERBY RAW

Maker: Midway

Rating: 2 stars

System: Sony PlayStation

Suggested price: $40

Number of players: Up to 4 via multitap adapter

At its heart, Destruction Derby Raw is essentially a compromise. It isn't nearly as good as the Gran Turismo or Ridge Racer series as far as racing goes, and it can't match Twisted Metal for all-out destructiveness, but it does do both surprisingly well.

In the Wreckin' Racing mode, you try to unlock 25 tracks and more than a dozen vehicles by earning points through winning races or inflicting heavy damage. You can make your vehicles better in Smash 4 $, where you earn money that can be spent on new vehicles and upgrading current ones. In the multiplayer mode, Battle, you can choose many submodes such as Assault, Destruction Derby, Skyscraper and Pass Da Bomb. All of the submodes amount to smashing your live and artificial opponents before they smash you, albeit in different and unique ways.

Game play is smooth and cars handle naturally with an almost arcadelike feel. Graphics are mediocre, with boxy cars and unimpressive damage effects. On the other hand, the music and sound effects are good, and they fit the game well. Loading time is slow and the movies are dull, however.

Rent this game to play with friends rather than buy it.

Recommended for ages 6 and older.

_Andrew Alford

X X X

JARRET AND LABONTE STOCK CAR RACING

Maker: Codemasters

Rating: 3{ stars

System: Sony PlayStation

Suggested price: $39.95

Number of players: Up to 4

After two so-so installments, Codemasters is offering stock car racing that can match the likes of Gran Turismo. With up to 42 car models, including the Ford Taurus, Dodge Viper, Lexus, Chrysler, Audi TT and Mustang GT, you can race against 13 pros on 23 real-world tracks, each re-created from photographs, helicopter footage, video and lasers to assure pinpoint accuracy.

As in real life, the handling of your car is affected by the seriousness of the damage. Accurate physics will make your car lean from the stress of a turn, and you must compensate to maintain control of the wheel. Never feel overconfident because the artificial intelligence has a randomness that could ruin a perfect race.

Stock Car Racing features replays, modes, car customizing and a selection of racing views. But best of all is the 360-degree freeze-frame camera that highlights collisions during replays.

The audio is packed with soundtracks from Moby, Lit, Methods of Mayhem, Offspring and Radiator. Ned Jarrett, a professional announcer for more than 30 years, provides commentary.

This is a solid, in-depth racing game for all ages.

_Harold E. Scull Jr.

X X X

NFL GAMEDAY 2001

Maker: Sony 989 Sports

Rating: 1 star

System: Sony PlayStation 2

Suggested price: $49.99

Number of players: Up to 8 with 2 multi-tap adapters

The next generation of Sony's classic NFL Gameday series comes loaded with modes: Preseason, pick two teams, assign players and go; Season, pick a team and take them through a 16-game season and playoffs; Tournament, either eight or 16 teams vie for the championship; General Manager, handle a team through multiple seasons while dealing with the salary cap, retiring players and college draft; Playbook editor, where you modify existing plays. You can also create your own players.

Unfortunately, this game was rushed _ and it really shows. Bugs, horrid game play and awful graphics make for a bad experience. The problems surface on the field, including the commentators reporting that a defensive player plays on the offensive team whenever a tackle is made. Players look fat and goofy and seem to be missing animations. Huge artificial intelligence problems exist as well, allowing a certain type of play to be used over and over again. The stadiums look good, and the sound and commentary are OK.

Madden raised the bar for football on the PS2, and this game shouldn't be mentioned in the same breath.

Rated for all ages.

_Jon Greisz

X X X

NBA 2K1

Maker: Visual Concepts

Rating: 4 stars

System: Sega Dreamcast

Suggested price: $50

Number of players: Up to 8 via Internet

Smooth online game play and a huge load of features make this basketball simulation a true gem.

Let me stress the word sim,

however, because if you prefer arcade-style basketball, you'll be driven nuts by this game's learning curve, particularly in shot precision and blocking fouls. Also, passing is a little too precise.

But those are my only complaints. Otherwise, game play is much improved over last year's version, thanks to quicker juke moves, improved computer artificial intelligence and many other tweaks.

Graphics are also cleaner, most noticeably in animation clarity. Thus, the pace isn't slowed by unneeded animations.

Unfortunately, while the sound effects and player chatter sound nice, play-by-play commentary is forced and excessive.

Plenty of modes await basketball fans, including the typical Season and Playoff features. But three new modes really shine. In Franchise, players build a team from the ground up, similar to NFL 2K1, and have the kind of team control that PC gamers usually brag about.

Street games allow two-on-two games (or any number you choose), which is nice when four friends want a multiplayer game without the extra characters. Online play is impressive and seamless. I tested this out on a slow server with nary a slowdown.

Visual Concepts is proving a serious contender for best sports game maker, particularly with this one under its belt.

Suitable for all ages.

_Sam Machkovech

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STAR TREK: INVASION

Maker: Activision

Rating: 3 stars

System: Sony PlayStation

Suggested price: $39.99

Number of players: Up to 2

Star Trek: Invasion is one of the few, if not the only, Star Trek game for the PlayStation. And it's a pretty worthwhile dogfight.

After a stirring call to duty from Lt. Commander Worf (Michael Dorn), you're set up as the leader of a squad of Valkyrie space ships. These are small fighter pilot ships with all the Star Trek trimmings from photon torpedoes to phasers. The game takes place after the end of the third Star Trek TV series, Deep Space Nine.

Chancellor Mortok, the new ruler of the Klingon Empire, is fending off the attacks of the Borg with the help of the Federation and your squadron.

It's a fast-paced game with lots of action and a visually appealing feel. The game has a large set of missions and plenty of bonus levels. So if you finish a level in record time, instead of going to level 10, there's a level 9a.

The only downside: It gets repetitive. The game is nothing but dodging fire and firing back, not even any reconnaissance missions to keep the interest going, but the action and feel make it enjoyable.

_Rufus Coleman

X X X

BANJO-TOOIE

Maker: Nintendo/Rare

Rating: 4 stars

System: Nintendo 64

Suggested price: $49.99

Number of players: Up to 4

If you own a Nintendo 64, you have to get Banjo-Tooie, the sequel to Banjo-Kazooie (Banjo Two-ie, get it?).

The evil witch Gruntilda is seeking revenge on the backpacking bear and bird duo and it's up to Banjo and Kazooie to stop her.

To progress in this three-dimensional adventure, you'll have to collect golden jigsaw puzzle pieces scattered throughout the game's nine gargantuan levels. Players will explore a variety of locations, such as a prehistoric wasteland or a run-down amusement park. You'll do all sorts of crazy things to get those jigsaw pieces, such as drive bumper cars, bounce in an inflatable castle and play soccer with statues.

In the first game, Banjo and Kazooie were inseparable, but in this game Kazooie can hop out of Banjo's backpack for some solo adventuring. You can also play as the magical shaman Mumbo Jumbo this time, as well as change into all sorts of crazy things like a washing machine or a T-Rex.

The textured graphics are some of the best yet on the N64, and you can see into the distance for miles. You'll never get tired of the music because it is constantly changing.

Play control is excellent, which comes in handy when you're trying to execute one of the 40 new moves in the game.

Rated and highly recommended for all ages.

_Cary Woodham

X X X

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(c) 2000, The Dallas Morning News.

Visit The Dallas Morning News on the World Wide Web at http://www.dallasnews.com/

Distributed by Knight Ridder/Tribune Information Services.

Monday, March 5, 2012

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Ponting lacks the fire of the greatBorder to ignite Aussie machine.(Sports)

MARCUS NORTH, Doug Bollinger, Phil J Hughes, Andrew McDonald ... I'm not surprised if you're asking yourself who are these people.

This is a cricket column, after all, so they're probably cricketers. At least you're hoping so. Well, I'll be honest, if it wasn't for the wonderful world of Google and that brilliant cricket website, and if you're serious cricket fan, you know which one I'm talking about, then I too wouldn't have known they were cricketers.

The stark reality, however, is that they are not just cricketers, but Australian cricketers, tasked with leading the team back to its former glories.

Now I've always belonged to the school of …

ENTRIES DUE FRIDAY FOR GOLF TOURNAMENT.(CAPITAL REGION)

Entries are being accepted for the Rensselaer County Men's Amateur Championship golf tournament, which will be held at Frear Park on Saturday and Sunday, Sept. 11-12.

A 36-hole tournament with scratch and handicap divisions in four flights, the event has a senior division for golfers 55 and older.

The field will be limited to the first 144 golfers, with the first 120 entrants guaranteed a spot, and the remaining 24 spots chosen …

Alcatel-Lucent posts big 4th quarter earnings jump

PARIS (AP) — Alcatel-Lucent said Thursday its net profit surged in the fourth quarter compared with a year earlier thanks to rising demand for broadband networks across the globe.

The French-U.S. telecommunications equipment maker reported net profit of €340 million ($464 million) for the October-December quarter, up from only €46 million a year earlier.

Sales rose 23 percent to €4.9 billion, boosted by demand from phone companies who are upgrading their networks to cope with growing demand for smart phones such as the iPhone and BlackBerry.

The company said adjusted operating margin, its preferred measure for profitability, will rise to above 5 percent this year, …

JOAN JONAS

JOAN JONAS

QUEENS MUSEUM OF ART, NEW YORK

In her widely influential 1974 Speculum of the Other Woman, the French feminist philosopher Luce Irigaray condensed a number of badly behaved and highly contested ideologies into one neologism: la mysterique. The term exposed mysticism, hysteria, mystery, and femininity to be deeply entwined bedfellows in numerous representations of "woman" appearing in canonical texts from Plato to Lacan. Yet rather than conjuring the figure of the mysterique in order to dispute or exorcise her, Irigaray took her as figure par excellence of potentially subversive feminine productivity. If, Irigaray argued, women had been historically contained and …

Manufactured in Mexico. (maquiladora industry ) (column)

Manufactured in Mexico

More and more US and foreign companies are manufacturing in Mexico, including many US companies that are performing labor intensive assembly operations. This is a direct result of the Mexican government actively promoting its "in-bond industry," and streamlining and liberalizing its trade and investment laws to attract capital, technology, and manufacturing from US and other foreign sources as well as from within Mexico.

Known as the "maquiladora" industry, Mexico's in-bond facilities had their beginning in 1965 when the Mexican government initiated the Border Industrialization Program. This program, and the investment initiatives that have followed, allow foreign investors to own up to 100% of companies - maquiladoras …

Sunday, March 4, 2012

Audi to launch five door S5.

Auto Business News-9 September 2009-Audi to launch five door S5(C)2009 ENPublishing - http://www.enpublishing.co.uk

Auto Business News - 09 September 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Audi AG (Audi), a subsidiary of Volkswagen AG (Xetra: VW), is unveiling a five door version of its S5 coupe at the 2009 Frankfurt Motor Show scheduled to be held next week.

The model accelerates from zero to 100km/h in five seconds and reaches a top …

CITY COUNCIL TABLES ACTION ON PINE BUSH ZONING.(Local)

Byline: Jill Murman

Albany Common Council members held off any action on a proposed zone change for 20 acres in the Pine Bush Monday night after hearing pleas from the audience for greater preservation of the environmentally sensitive area.

David Hershberg, a consulting engineer for developers Vincent Riggi and Charles Newman, detailed the proposed development of 17 one-story office buildings on 20 acres along Karner Road if the land is rezoned from residential to commercial.

Hershberg promised that close to eight acres would be donated to the city for preservation purposes if the "luxury" office site is developed. He downplayed concerns of …

IT TOOK A NEW LEADER, WAGE FREEZES TO REACH ENCORE DEAL.(BUSINESS)

Byline: JAMES DENN Business writer

SOUTH GLENS FALLS Robert Beard, a union representative at Encore Paper Co. Inc., the state's largest waste paper recycler, said Tuesday he is thrilled by the end of the five-month strike against the South Glens Falls paper manufacturer.

In April, 209 union workers walked off the job to protest after the company proposed a plan that the union said would result in drastic wage and benefit cuts for workers.

The company responded to the walkout by hiring replacement workers. The company later made those workers permanent. But the settlement will allow virtually all of those workers who want to return, union officials said. …