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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/7Jy9Blca-zw/story01.htm
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Wednesday, November 30, 2011
Rumor: iPad 3 and iPhone 5 both on track for LTE
Nikkei Business is reporting that the iPad 3 and iPhone 5 are both on their way with LTE 4G radios, set to debut on Japan’s NTT DoCoMo in summer and fall of 2012 respectively. Yes, we already suspect an iPad 3 and iPhone 5 are coming...
Imperfections may improve graphene sensors
Tuesday, November 29, 2011
Although they found that graphene makes very good chemical sensors, researchers at the University of Illinois at Urbana-Champaign have discovered an unexpected "twist"?that the sensors are better when the graphene is "worse"?more imperfections improved performance.
"This is quite the opposite of what you would want for transistors, for example," explained Eric Pop, an assistant professor of electrical and computer engineering and a member of the interdisciplinary research team. "Finding that the less perfect they were, the better they worked, was counter intuitive at first."
The research group, which includes researchers from both chemical engineering and electrical engineering, and from a startup company, Dioxide Materials, reported their results in the November 23, 2011 issue of Advanced Materials.
"The objective of this work was to understand what limits the sensitivity of simple, two-terminal graphene chemiresistors, and to study this in the context of inexpensive devices easily manufactured by chemical vapor deposition (CVD)," stated lead authors Amin Salehi-Khojin and David Estrada.
The researchers found that the response of graphene chemiresistors depends on the types and geometry of their defects.
"Nearly-pristine graphene chemiresistors are less sensitive to analyte molecules because adsorbates bind to point defects, which have low resistance pathways around them," noted Salehi-Khojin, a research scientist at Dioxide Materials and post-doctoral research associate in the Department of Chemical and Biomolecular Engineering (ChemE) at Illinois. "As a result, adsorption at point defects only has a small effect on the overall resistance of the device. On the other hand, micrometer-sized line defects or continuous lines of point defects are different because no easy conduction paths exist around such defects, so the resistance change after adsorption is significant."
"This can lead to better and cheaper gas sensors for a variety of applications such as energy, homeland security and medical diagnostics" said Estrada who is a doctoral candidate in the Department of Electrical and Computer Engineering.
According to the authors, the two-dimensional nature of defective, CVD-grown graphene chemiresistors causes them to behave differently than carbon nanotube chemiresistors. This sensitivity is further improved by cutting the graphene into ribbons of width comparable to the line defect dimensions, or micrometers in this study.
"What we determined is that the gases we were sensing tend to bind to the defects," Pop said. "Surface defects in graphene are either point-, wrinkle-, or line-like. We found that the points do not matter very much and the lines are most likely where the sensing happens."
"The graphene ribbons with line defects appear to offer superior performance as graphene sensors," said ChemE professor emeritus and Dioxide Materials CEO Richard Masel. "Going forward, we think we may be able engineer the line defects to maximize the material's sensitivity. This novel approach should allow us to produce inexpensive and sensitive chemical sensors with the performance better than that of carbon nanotube sensors."
###
University of Illinois College of Engineering: http://engineering.illinois.edu/
Thanks to University of Illinois College of Engineering for this article.
This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.
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Source: http://www.labspaces.net/115544/Imperfections_may_improve_graphene_sensors
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Strong global sales boost Tiffany's 3Q results
This photo taken Nov. 28, 2011, shows the exterior of Tiffany & Co. store in Santa Clara, Calif. Tiffany & Co. said Tuesday, Nov. 29, 2011, its fiscal third quarter rose 63 percent on strong sales globally, particularly in Asia.(AP Photo/Paul Sakuma)
This photo taken Nov. 28, 2011, shows the exterior of Tiffany & Co. store in Santa Clara, Calif. Tiffany & Co. said Tuesday, Nov. 29, 2011, its fiscal third quarter rose 63 percent on strong sales globally, particularly in Asia.(AP Photo/Paul Sakuma)
This Nov. 28, 2011 photo, shows a jewelry display at a Tiffany & Co. store in Santa Clara, Calif. Tiffany & Co. said Tuesday, Nov. 29, 2011, its fiscal third quarter rose 63 percent on strong sales globally, particularly in Asia. (AP Photo/Paul Sakuma)
NEW YORK (AP) ? Foreign tourists in the U.S. and luxury shoppers globally continued to snap up jewelry seller Tiffany & Co.'s baubles in the third-quarter, sending the jewelry seller's profit up 63 percent.
The luxury retailer known for its iconic turquoise box raised its full-year forecast as a result performance. But selling more high-priced jewelry like engagement rings and high-end statement jewelry cost the company more to make, and gross margin ? the percentage of each dollar in revenue the company actually keeps ? declined slightly.
In addition, Tiffany forecast fourth-quarter earnings below expectations. The fourth quarter includes the key holiday selling season.
Its shares fell $5.82, or 7.9 percent, to $67.80 in morning trading.
Still, Tiffany's results to date show the luxury shopper is spending freely. That segment has rebounded more quickly from the recession than others. High-end jewelry sold better than other categories.
"Increased sales in all regions contributed to the continuation of strong worldwide sales growth in the third quarter," said CEO Michael J. Kowalski.
Tiffany has raised prices twice this year to offset higher prices for precious metal and other commodities. The company said precious metal prices have stabilized and slightly declined, but the company is unlikely to lower prices.
The New York company said that its net income rose to $89.7 million or 70 cents per share in the three months ended Oct. 31, from $55.1 million, or 43 cents per share, a year ago. Analysts expected earnings of 60 cents per share, according to FactSet.
Revenue rose 21 percent to $821.8 million from $681.7 million a year ago. Analysts expected $801.8 million.
In the Americas, sales grew 17 percent to $387.7 million. Revenue in stores open at least one year rose 16 percent. That measure is considered a key gauge of a retailer's financial health because it excludes stores that open or close during the year.
In the U.S. there was growth in all price ranges above $250, particularly higher price points. Engagement rings, high-end statement jewelry ? a category that includes expensive jewels such as an $110,000 platinum and diamond necklace ? and gold jewelry were big sellers. Less expensive silver jewelry ? a category that performed well during the recession ? had a more modest sales increase.
Foreign tourists helped push revenue up 24 percent at Tiffany's New York flagship store.
In Asia-Pacific, revenue rose 44 percent to $183.2 million, helped by strength in the greater China region. Revenue rose 12 percent in Japan and 19 percent in Europe.
But the company said that in the fourth quarter, the company expects net income of $1.48 to $1.58 per share. Analysts expect $1.63 per share.
For the year, Tiffany expects earnings of $3.70 to $3.80 per share, for prior guidance of $3.65 to $3.75 per share. Analysts expect $3.72 per share.
Tiffany, which operates 243 stores globally, expects revenue to rise in the high-teens percentage for the year.
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US man getting out of Aruba jail but still suspect
FILE -- This undated handout file photo, released by the Natalee Holloway Resource Center on Tuesday, Aug. 9, 2011, shows Robyn Gardner, 35, of Frederick, Maryland. Gary V. Giordano is to be released by Tuesday evening on the order of a judge, who ruled authorities failed to justify continuing to hold him nearly four months since his companion, Robyn Gardner, vanished during their five-day excursion to the Dutch Caribbean island. (AP Photo/Natalee Holloway Resource Center)
FILE -- This undated handout file photo, released by the Natalee Holloway Resource Center on Tuesday, Aug. 9, 2011, shows Robyn Gardner, 35, of Frederick, Maryland. Gary V. Giordano is to be released by Tuesday evening on the order of a judge, who ruled authorities failed to justify continuing to hold him nearly four months since his companion, Robyn Gardner, vanished during their five-day excursion to the Dutch Caribbean island. (AP Photo/Natalee Holloway Resource Center)
FILE - A file photo provided Thursday Aug. 11, 2011 by Aruba police, shows U.S. citizen Gary V. Giordano, 50, of Gaithersburg, Md., in an Aruba police mugshot in Oranjestad, Aruba. Giordano is to be released by Tuesday evening on the order of a judge, who ruled authorities failed to justify continuing to hold him nearly four months since his companion, Robyn Gardner, vanished during their five-day excursion to the Dutch Caribbean island. (AP Photo/Aruba Police, File)
ORANJESTAD, Aruba (AP) ? U.S. businessman Gary Giordano is getting out of jail Tuesday but he isn't in the clear. Investigators still consider him a suspect in the presumed death of his travel companion ? a case seemingly bedeviled by the same lack of evidence that doomed the investigation into the disappearance of teenager Natalee Holloway.
Giordano was to be released by Tuesday evening on the order of a judge, who ruled authorities had failed to justify continuing to hold him nearly four months since his companion, Robyn Gardner, vanished during their five-day excursion to the Dutch Caribbean island.
The prosecution appealed the order but a hearing won't be held until Wednesday. By that time, Giordano, a 50-year-old from Gaithersburg, Maryland, is expected to either be back in the United States or en route, Solicitor General Taco Stein said.
Authorities will continue to pursue the case and can seek Giordano's extradition back to Aruba if needed, Stein said.
"We will still be with it. It's something we feel we need to do not only so justice is served but so the family can learn what happened to Robyn," said Stein, the spokesman for the prosecutor's office. "They deserve answers and we are determined to bring answers to them."
Giordano was first detained as he tried to leave Aruba on Aug. 5, three days after reporting to police that Gardner was apparently pulled out to sea while they were snorkeling off the southern tip of the island after an afternoon of drinking. Her body has never been found, and Stein said officials have only circumstantial evidence a crime was even committed.
"That wasn't enough for the judge at this time," he said.
Giordano, the divorced owner of an employment services company, first drew suspicion with what investigators felt were inconsistencies in his account of Gardner's disappearance. Later, they learned he had taken out a $1.5 million accidental death policy on her, which Stein said was viewed as a possible motive.
Gardner's friends and family also had serious doubts about her disappearance, saying it was unlikely the 35-year-old woman from Frederick, Maryland, would have gone snorkeling in the first place.
Aruban law allows authorities to hold someone as a suspect while they investigate an alleged crime, with a judge periodically reviewing the case. It is common for people to be held for months before being released without charge.
The system became familiar to many Americans who followed the case of Holloway, an 18-year-old from Alabama who disappeared on the final night of a high school graduation trip in May 2005. She was last seen leaving a bar with three local men, all of whom were detained and later released for lack of evidence. The chief suspect, Joran van der Sloot, is now jailed in Peru awaiting trial for allegedly murdering a Peruvian woman.
Giordano's lawyers have said there is no evidence he committed any crime and repeatedly called for his immediate release.
His American lawyer, Jose Baez, said in a statement that the defense team was grateful for the judge's ruling and that Giordano "is excited to return home to his family in the United States."
Chris Lejuez, Giordano's Aruban defense lawyer, said they were still trying to work out when he would be released Tuesday and it might not be possible for him to leave Aruba until Wednesday. The detention order against him expires at 8 p.m. Tuesday but Stein said jail officials will probably release him earlier.
Once back in the U.S., he would be free to file a claim to redeem the American Express travel insurance policy he took out on Gardner.
An American Express spokeswoman, Gail Wasserman, said she could not confirm that Giordano has such a policy but said anyone making such a claim would have to produce documentation such as a death certificate and any police reports. "Then we would make a determination if the claim is payable."
No claim would be paid if it turned out there was fraud or "anything untoward" that would void the policy, she said.
Stein said authorities have been conducting active searches for Gardner's body and last week sent divers and underwater robots to search in the area where Giordano reported her missing. They are also awaiting additional forensic evidence, including an FBI analysis of Giordano's Blackberry.
Investigators do not believe Gardner was pulled out to sea based on weather conditions and a re-enactment.
"We know he has been lying about what happened ... We know his story is not true," Stein said.
___
Associated Press writer Ben Fox reported this story from San Juan, Puerto Rico, and Dilma Arends reported from Oranjestad, Aruba.
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Tuesday, November 29, 2011
Report says Facebook seeks $10 billion in IPO
NEW YORK (AP) ? Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012.
The Wall Street Journal is reporting that the world's largest online social network is looking into raising as much as $10 billion in its IPO. The Journal cited people familiar with the matter but did not identify them by name.
The amount would value Facebook at as much as $100 billion, according to the report. That's more than four times the market capitalization that Google Inc. had at the time of its 2004 IPO.
Federal rules require companies with at least $10 million in assets and more than 500 shareholders to disclose its quarterly financial results and other details. The reporting requirement kicks in 120 days after the fiscal year in which a company exceeds the shareholder threshold for the first time.
Facebook's fiscal year ends Dec. 31, so it would have until late April 2012 to comply with this requirement, having hit the threshold this year.
Founded in a Harvard dorm room in February 2004, Facebook has tried to hold off on an IPO to focus on building its product rather than pleasing investors. But the reporting rules, along with early employees and investors eager to cash in on their stock, are putting it in a bind.
A slew of smaller Internet and social media companies have been trickling on to the public stock market this year. Professional online network LinkedIn Corp. was the first to test the waters in May. Since then, the online deals site Groupon Inc., the Internet radio station Pandora Media Inc. and others have gone public. Others, including the reviews site Yelp Inc. and the online game company Zynga Inc., are planning to do so.
Though hotly anticipated, the latest crop of Internet IPOs has not gone smoothly. Groupon's stock is now trading below its IPO price. It closed at $15.24 on Monday, down 23.8 percent from its $20 IPO price. Pandora has also fallen below its IPO price, though LinkedIn, among the few that's been profitable, is still well above it.
An email seeking comment from Facebook, which is based in Palo Alto, Calif., was not immediately returned Tuesday morning. Facebook has declined to comment on IPO speculation in the past.
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VatorNews - SNS+ pockets $4M for social gaming in the Asian market
Chinese VC firm, WI Harper Group increased its investment in?SNS Plus,?an international publisher and distributor of games for the Asian market.
Along with Matrix Partners, WI Harper Group announced a $4 million round of funding Monday for SNS Plus, which brings the total funding for the gaming company to $12.5 million.
Early this summer, SNS Plus, which is short for Social Networking Services Plus, had already published more than 60 games for Facebook and more than a dozen games on other platforms such as iOS and Friendster.
SNS Plus has offices in China, Taiwan and Thailand.
The two-year-old company has capitalized on its technology, which provides server, bandwidth, support centers and overseas operations to reduce the cost for bringing developers' games to the Asian market.
Several of the SNS Plus games have a very Zynga feel to them, especially a game offered on iOS called Happy Manor -- a farm-maintaining social game complete with cowgirls and chicken coops.
SNS Plus has put a deeper focus on brining mobile and online developers with HTML5-based platforms for its clients.?
"Understanding the cultural differences in all of our markets, and constantly striving to meet the demands of our players is an exceptional advantage for SNS Plus," Along Chang, CEO of SNS Plus, said in a statement.?"We have achieved great growth due to execution of our business strategy and the implementation of our capital markets strategy. Looking forward, we will continue our efforts to increase the influence of SNS Plus, and honor our commitment to building long-term, sustainable value for both our shareholders and customers."
The Chinese firm WI Harper Group is has focuses on early and expansion stage companies with significant operations in China since its inception in the early 1990s. The firm manages over $750 million in capital from its offices in Beijing, Taipei and San Francisco.
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Source: http://vator.tv/news/2011-11-28-sns-pockets-4m-for-social-gaming-in-the-asian-market
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Tobey Maguire, others settle over poker winnings
FILE - In this May 24, 2010 file photo, actor Tobey Maguire arrives to the Film Society of Lincoln Center's 37th Chaplin Award Gala honoring Michael Douglas in New York. Maguire has agreed to pay $80,000 to settle a lawsuit seeking repayment of more than $300,000 he won from a convicted con man during high stakes private poker games. (AP Photo/Charles Sykes, file)
FILE - In this May 24, 2010 file photo, actor Tobey Maguire arrives to the Film Society of Lincoln Center's 37th Chaplin Award Gala honoring Michael Douglas in New York. Maguire has agreed to pay $80,000 to settle a lawsuit seeking repayment of more than $300,000 he won from a convicted con man during high stakes private poker games. (AP Photo/Charles Sykes, file)
LOS ANGELES (AP) ? Tobey Maguire has decided to fold 'em and settle a lawsuit over his winnings from a convicted con man during high-stakes Hollywood poker games.
The "Spider-Man" star agreed to pay $80,000 to settle the lawsuit filed over more than $311,000 he was paid by a convicted Ponzi scheme operator in Texas Hold 'Em matches that included celebrities, businessmen and others, court documents state.
If approved by a judge next month, Maguire will pay the money to a bankruptcy trustee who is trying to recoup money that former hedge fund operator Bradley Ruderman bilked from investors to finance his lavish lifestyle.
The money will be used to repay victims of the scheme, which Maguire and other players were unaware of.
Court records show that 14 of the 22 people sued to recoup poker winnings have settled their cases. Howard Ehrenberg, the bankruptcy trustee who sued the group, said Monday the poker settlements total more than $1.7 million.
Ehrenberg said Maguire's payout to resolve the case is in the same range as others who agreed to settlements.
"He did not end up with any better settlement than the others," Ehrenberg said.
Maguire's settlement states he "strongly disputes that he violated any laws, rules or regulations in regard to participating in the poker games" but was agreeing to the payment to avoid fighting the case, which would be costly.
The actor signed the settlement on Nov. 22 and it was filed a day later with a bankruptcy court handling the lawsuits.
The trustee alleged Maguire and others had no right to keep their winnings from the unlicensed poker games held at upscale hotels and private residences. Maguire and others have denied there was anything improper about the matches.
In court filings, Maguire noted that he lost $168,500 to Ruderman, who is currently serving a 10 year federal prison sentence after pleading guilty to two counts of wire fraud, two counts of investment adviser fraud and willful failure to file taxes.
Several of those sued are fighting the cases, most notably actor-director Nick Cassavetes. His attorney has said the games were not illegal and the statute of limitations has long passed for pursuing any criminal charges for the games held between 2006 and 2009.
Ehrenberg said he expects the remaining cases will be resolved before trial.
Filings show that billionaire Alec Gores and "Welcome Back, Kotter" star and poker aficionado Gabe Kaplan have also settled cases filed against them.
Gores, who along with his brother attempted to buy Miramax films last year, has agreed to pay $49,908 to settle a $445,500 lawsuit over Ruderman's poker payments.
Kaplan has agreed to pay $26,900 after he was sued to try to recoup nearly $63,000 in winnings.
Ehrenberg filed the lawsuits in late March, attempting to recoup money on behalf of people who invested in the scheme by Ruderman.
___
Follow Anthony McCartney at http://twitter.com/mccartneyAP
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Euro in danger, Europe races for debt solution (AP)
PARIS ? European leaders rushed Monday to stop a rampaging debt crisis that threatened to shatter their 12-year-old experiment in a common euro currency and devastate the world economy as a result.
One proposal gaining prominence would have countries cede some control over their budgets to a central European authority. In a measure of how rapidly the peril has grown, that idea would have been unthinkable even three months ago.
World stock markets, glimpsing hope that Europe might finally be shocked into stronger action, staged a big rally. The Dow Jones industrial average in New York rose almost 300 points. In France, stocks rose 5 percent, the most in a month.
More relevant to the crisis, borrowing costs for European nations stabilized. They had risen alarmingly in recent weeks ? in Greece, then in Italy and Spain, then across the continent, including in Germany, the strongest economy in Europe.
The yields on benchmark bonds issued by Italy and Germany rose, but only by hundredths of a percentage point. The yield fell 0.1 percentage point on bonds of France, 0.14 points for those of Spain and 0.22 points for Belgium.
Allowing a central European authority to have some control over the budgets of sovereign nations would create a fiscal union in Europe in addition to the monetary union of the 17 countries that share the euro currency.
Some analysts have said would be a leap toward creating a United States of Europe. More delicately, it would force the nations of Europe to swallow their national pride, cede some sovereignty and agree to strengthen ties with their neighbors rather than fleeing the euro union during the crisis.
"The common currency has the problem that the monetary policy is joint, but the fiscal policy is not," Germany's finance minister, Wolfgang Schaeuble, said in a meeting with foreign reporters in Berlin.
The monetary union has existed since the euro was created in 1999, but the European Union, which includes the 17 euro nations and 10 others that use their own currencies, has no central authority over taxing and spending.
Countries like Ireland, Portugal, Spain, Greece and Italy overspent wildly for years and racked up annual budget deficits that have left them with monstrous debt. Italy holds euro1.9 trillion in debt, or 120 percent of the size of its economy.
A fiscal union could prevent excessive spending in the future. More important, it would be a step toward addressing today's debt crisis: It could provide cover for the European Central Bank to stage a massive intervention in the European bond market to drive down borrowing costs and keep the debt crisis under control.
Enforced budget discipline might ease the ECB's concerns about the concept known as moral hazard ? essentially, that bailing out free-spending countries would only encourage them to do it again.
A fiscal union would also pose a practical problem ? how to make such a body democratically accountable.
Another option is for the 17 nations in the euro group to sell bonds together, known as eurobonds, to help the countries in the deepest trouble because of debt. Germany has resisted such a plan, because it would raise borrowing costs for it and other nations that good credit ratings.
While Europe buzzed over the possible solutions, European finance ministers prepared for a summit beginning Tuesday evening in Brussels, and Italy readied an auction of bonds designed to raise euro8 billion, or about $10.6 billion ? and steeled itself for the high interest rates it will have to pay.
In Washington, President Barack Obama huddled with European Union officials, and the White House insisted Europe alone was responsible for fixing its debt problems.
While Obama offered no specifics on how the U.S. might help, he said failing to resolve the debt crisis could damage the U.S. economy, which has grown slowly since the end of the recession in June 2009 and still has 9 percent unemployment.
"If Europe is contracting, or if Europe is having difficulties, then it's much more difficult for us to create good here jobs at home," Obama said at the conclusion of the day-long summit.
The euro appeared to be in increasing danger. Experts said the currency could fall apart within days without drastic action, with consequences rivaling those of the 2008 financial crisis.
"Everyone knows that if the eurozone crashes the consequences would be very dramatic and in the race after that there would no winners, just losers," said Finland's finance minister, Jutta Urpilainen.
For countries that decided to leave the euro group and return to their own sovereign currency, the conversion would be wrenching.
If Germany broke away, for example, its national currency could rise in value quickly because the German economy is stronger on its own than the European economy as a whole. But a stronger German mark would damage the German economy because Germany depends heavily on exports, and it would cost more for everyone else to buy German goods.
As for weaker countries that decided to leave, depositors would probably yank money out of their banks, fearing a plummeting currency. Savers would not want their euros replaced with, say, feeble Greek drachmas.
If countries tried to repay their old euro debts with their own currencies, they'd be considered in default and struggle to sell bonds in global financial markets. Corporations would face the same squeeze.
Overall, economists at UBS estimate, a weak country that left the eurozone would see its economy shrink by 50 percent.
Currency chaos and defaults by governments and companies would weaken European banks and also cause them to stop lending to each other. Because banks are connected globally, a credit freeze in Europe would spread. As it did in 2008, a credit freeze would cause stock markets to sell off worldwide, and another deep recession would probably follow.
Wolfgang Munchau, a columnist for the influential Financial Times newspaper, wrote Monday that the common currency "has 10 days at most" to avoid collapse. He called for decisions on a fiscal union and the creation of a powerful common treasury.
Unlike the United States, which has centralized institutions in Washington for raising taxes and spending money, the euro nations have 17 independent treasuries with little oversight from Brussels, the headquarters of the EU.
That would change under the fiscal union proposal being aired ahead of another summit that begins Dec. 9 of finance ministers for the countries that use the euro. Ten nations in the EU do not use the euro currency, most notably Britain.
While not explicitly backing a fiscal union, Germany and France have promised to propose measures that will make the 17 euro countries operate under strict and enforceable rules, so that no single country can wreak continent-wide damage.
Already, the Organization for Economic Cooperation and Development, an international group devoted to economic progress, was warning that the global economy was in for a rocky road in coming months.
In its six-month report Monday, it said the continued failure by EU leaders to stem the debt crisis "could massively escalate economic disruption" and end in "highly devastating outcomes."
The latest turmoil came last week, after Germany tried to auction $8 billion worth of its national bonds and could only persuade investors to buy $5.2 billion. It was a sign that even mighty Germany was not immune from the debt crisis.
Investors around the world will watch the Italian bond auction Tuesday. If it receives a similarly poor reception, more European countries would be in danger of being locked out of the international bond market.
Exactly how a fiscal union would take shape in Europe is an open question.
Schaeuble, the German financial minister, said the proposal would require passage only by the 17 countries that use the euro currency. The other 10 countries in the EU, such as Britain, Poland and Sweden, could adopt it if they wanted to.
But analysts said such a move would take a long time to come to fruition.
"We do seem to be moving slowly towards more of a fiscal union but at a pace that may result in all the components being put in place after a complete meltdown of the financial system," said Gary Jenkins, an economist with Evolution Securities.
Many think the ECB is the only institution capable of calming frayed market nerves. But Merkel, the German chancellor, has continually dismissed the prospect of a bigger role for the ECB.
____
Pylas reported from London and Wiseman from Washington. Melissa Eddy, Juergen Baetz, Kirsten Grieshaber and David Rising in Berlin, and Matti Huuhtanen in Helsinki contributed to this story.
Animal shelter holds sale on dark-fur pets | BrainerdDispatch.com ...
[unable to retrieve full-text content]HASTINGS, Minn. (AP) ? A Minnesota animal shelter is aiming to end prejudice against dark-furred pets by holding a "Black Friday" sale. To clear out its backlog of black animals, the Animal Ark No-Kill Shelter in Hastings cut ...
Source: http://brainerddispatch.com/news/2011-11-27/animal-shelter-holds-sale-dark-fur-pets
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Monday, November 28, 2011
Overshadowed
updated 9:06 a.m. ET Nov. 28, 2011
LONDON - In an earlier version, The Associated Press misidentified the manager of Wales' team who was found dead at age 42. His name is Gary Speed. A corrected version exists below.
LONDON - The death of Wales manager Gary Speed cast a shadow over the English Premier League games on Sunday.
Liverpool and Manchester City observed a moment of silence before their 1-1 draw at Anfield hours after news broke that Speed had been found dead at age 42. Asked to do the same, the fans at Swansea's 0-0 draw with Aston Villa instead opted for an impromptu minute's applause and chanted Speed's name.
Villa goalkeeper Shay Given was in tears thinking of his former Newcastle teammate, while Wales striker Craig Bellamy was so upset he was left off Liverpool's squad.
"It is a devastating loss for football and my heart goes out to Gary Speed's family," Villa manager Alex McLeish said. "We would have understood if Swansea had wanted to cancel the game. We would certainly have agreed with that."
Four members of Speed's Wales squad were involved at Swansea's Liberty Stadium in south Wales. Ashley Williams, Neil Taylor and Joe Allen started for the home side and James Collins lined up for Villa.
"We decided from our end that we wanted to play as a mark of respect for Gary because he was a great man of football," Swansea manager Brendan Rodgers said. "It is just so sad. He had been doing a fantastic job for Wales, and it's a sad day for football."
The game at Anfield was more eventful as Liverpool did old rival Manchester United a favor by becoming only the second team this season to stop unbeaten City from winning in the Premier League.
Vincent Kompany put City ahead in the 31st minute when he glanced a header into the top corner from David Silva's corner kick, but Joleon Lescott's outstretched leg deflected Charlie Adam's shot past goalkeeper Joe Hart for an own goal that tied it just two minutes later.
Mario Balotelli received the third red card of his City career, but Hart made a couple of strong stops to keep the game tied. Silva could have won it for 10-man City but his shot was blocked on the line by one of a trio of covering defenders.
With 11 wins and two draws from 13 games, City leads defending champion United by five points.
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BARCELONA, Spain (AP) - Real Sociedad defender Inigo Martinez converted a spectacular last-minute shot from inside his own half on Sunday to give his team a 3-2 win at Real Betis in the Spanish league.
The game looked to be headed for a draw but Martinez pushed forward and caught Betis goalkeeper Casto Espinosa off his line with a perfectly placed left-footed lob from near halfway out on the left.
"The ending to the game was just cruel," said Betis coach Pepe Mel, whose team has lost eight of the last nine matches after a strong start to the season.
Martinez scored a similar goal from the halfway line in a 2-1 loss to Athletic Bilbao earlier this season.
The game in Seville came alive following a scoreless first half. Antoine Griezmann missed a penalty kick for Sociedad before visiting Basque went in front on Imanol Agirretxe's 56th-minute header and Carlos Vela's goal in the 76th.
Substitute forward Jonathan Pereira pulled Betis level with goals in the 81st and 85th before Martinez's dramatic winner.
Sociedad ended an eight-game winless run and provisionally moved out of the relegation zone.
Also Sunday, Levante routed Sporting Gijon 4-0 to end a three-game losing streak in the Spanish league.
Levante stayed in fourth place, one point behind Valencia, with the first victory since its memorable start to the season took it to the top of the league for the first time in its history.
"No one can doubt this team," Levante coach Juan Ignacio Martinez said. "The important thing is that we have already earned 26 points at this stage of the season."
Also, 10-man Mallorca beat Racing Santander 2-1 for its first win since Joaquin Caparros replaced Michael Laudrup as coach, while Osasuna also played a man down for the final 15 minutes and held on for a 2-1 win at Espanyol. Granada beat Athletic Bilbao 1-0, and Sevilla edged Zaragoza 1-0.
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BERLIN (AP) - Bayern Munich wasted a chance to go top of the Bundesliga after losing at Mainz 3-2 on Sunday.
Andreas Ivanschitz, Marco Caligiuri and Niko Bungert scored for the home side, with Daniel van Buyten scoring twice for Bayern. The Bayern defender almost completed a hat trick in injury time but fired wide from close range.
Bayern slipped to third after its second straight loss, one point behind defending champion Borussia Dortmund. Dortmund beat Bayern last weekend and leads Borussia Moenchengladbach on goal difference.
Ivanschitz opened the scoring in the 11th minute when Nicolai Mueller split the Bayern defense with a perfect ball for the Austrian, who slotted it in from a narrow angle.
Van Buyten equalized in the 56th with a header shortly before Caligiuri scored from about 30 yards away to put Mainz back ahead.
Defender Bungert thought sealed the win with a header from a corner in the 74th but Van Buyten ensured a tight finish when he scored again five minutes later.
Also Sunday, Naldo's powerful free kick helped Werder Bremen move back up to fourth with a 2-0 win over Stuttgart.
Brazilian defender Naldo unleashed a shot from the edge of the penalty area into the top right corner in the 67th, as Bremen coped without the injured Claudio Pizarro to bounce back from last week's 5-0 loss at Moenchengladbach.
Aaron Hunt broke the deadlock 10 minutes earlier with a shot through goalkeeper Sven Ulreich's legs.
"Many players weren't at their normal levels today," Stuttgart coach Bruno Labbadia said. "We just weren't as consistent as we were in previous weeks."
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MILAN (AP) - Inter Milan needed a last-minute goal from Luc Castaignos to beat 10-man Siena 1-0 on Sunday and move further away from the Serie A relegation zone.
Inter's second straight league win lifted it to 15th in the standings, four points off the bottom three.
Inter leapfrogs Fiorentina, which lost 2-0 at Palermo on goals from Fabrizio Miccoli and Josip Ilicic. Fiorentina had Cesare Natali sent off in the final minutes after he picked up a second yellow card for dissent.
Also Sunday, Adrian Mutu had two goals to lead Cesena a 2-0 win over Genoa, and Cagliari drew 1-1 with Bologna. Zlatan Ibrahimovic scored his 100th Serie A goal to help AC Milan crush Chievo 4-0 and keep the pressure on Serie A leader Juventus.
Inter is 11 points behind Juventus, which also has a game in hand, but coach Claudio Ranieri has not given up hope of making up lost ground.
"I don't know if now we're back in it," Ranieri said. "I said this game was important because they're all finals for us. We have to always look to win. It will be very difficult but that's our aim."
Inter had few chances during a tight match at the Stadio Artemio Franchi.
Thiago Motta found Castaignos in the middle of the area and the Dutch youngster managed to squeeze a shot in between two Siena defenders for his first goal in Inter colors.
Siena striker Franco Brienza was sent off seconds after the goal for dissent.
Cesena also managed to record a second consecutive victory. Genoa missed several chances to take the lead.
Cesena moves into 19th in the standings and now has a point more than Lecce, which takes over bottom spot. And Fiorentina is closer to being sucked into a relegation battle.
Miccoli beat the offside trap in the 22nd minute to give the home side the lead. The Palermo captain timed his run to perfection as he raced onto Ilicic's through ball before slotting home for his fourth goal this season.
Miccoli was taken off the field on a stretcher at the end of the first half after complaining of a right knee problem.
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PARIS (AP) - Paris St Germain surrendered the lead to Montpellier in the French league on Sunday as Marseille bounced back from two straight losses to beat its big-spending rival 3-0.
Marseille was under pressure after losing to Montpellier last weekend and to Greek side Olympiakos in the Champions League on Wednesday.
Lyon routed Auxerre 3-0. Argentine striker Lisandro Lopez headed home a cross from Michel Bastos in the 20th minute before beating the offside trap in the 69th to slip the ball past goalkeeper Olivier Sorin.
Bastos sealed the win with a chip in the 88th.
Also Sunday, Arnold Mvuemba converted a penalty in the 63rd to give Lorient a 1-0 win over Nice.
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AMSTERDAM (AP) - Miralem Sulejmani scored twice as Ajax beat NEC Nijmegen 3-0 to move fourth in the Dutch league on Sunday.
Newcomer Davy Klaassen also scored as Ajax ended its two-game winless streak.
John Guidetti and Jerson Cabral scored in the last 15 minutes to give Feyenoord a 2-1 comeback win over RKC Waalwijk.
Also Sunday, Leen van Steensel scored in the first minute in Excelsior Rotterdam's 1-1 draw against ADO The Hague. Jens Toornstra replied with a second half goal for ADO.
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GLASGOW, Scotland (AP) - Defending champion Rangers lost for the first time this season, 1-0 at Kilmarnock, cutting its Scottish Premier League lead cut to four points.
Manuel Pascali headed the only goal with 10 minutes remaining as Kilmarnock recorded a home win over Rangers for the first time since 1994.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Source: http://nbcsports.msnbc.com/id/45455742/ns/sports-soccer/
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