Canadian job creation seen sharply lower in December

OTTAWA (Reuters) – Canada‘s job market is expected to slow markedly in December to reflect the sluggish economy and employers’ fears about the U.S. fiscal crisis following outsized gains of over 50,000 jobs in two of the previous three months.

The median forecast in a Reuters poll is for the economy to add just 5,000 jobs in the month, with forecasts ranging from a loss of 20,000 positions to a gain of 21,000.

The forecast compares with employment growth of 59,600 in November, 1,800 in October and 52,100 in September.

The unemployment rate is seen ticking higher in the final month of the year to 7.3 percent from 7.2 percent.

Derek Holt, vice president of economics at Scotiabank, said he’s been surprised by the strength of job growth which he estimates to be the equivalent in the United States of about 1.5 million non-farm payroll jobs over the last three months.

“Here we are with the conundrum where we have zero growth in the Canadian economy, long predating the appearance of the greatest fiscal-cliff risks and yet we’re heaping on jobs like there’s no tomorrow,” Holt said.

Unlike the United States, Canada has long recovered all the jobs lost during the 2008-09 recession but the pace of hiring in 2012 was unsteady.

Benjamin Reitzes, economist at BMO Capital Markets, said if the 5,000-job forecast was accurate, it would put 2012 job growth at just 1.1 percent, “the weakest non-recession year since 1996.”

Canadian employers have faced uncertainty in one form or another during the recovery and are now fretting about the U.S. fiscal cliff, a set of tax hikes and spending cuts that will automatically take effect and could throw the United States into recession unless the White House and Congress reach an alternative agreement.

“For as long as Washington cannot agree on the new tax rules and spending focus, they’re not going to give business the confidence to go out and hire and engage in capital spending projects and that’s going to impede the pace of recovery until we get more clarity,” said Holt.

With the Canadian economy now expected to grow by far less in the fourth quarter than the Bank of Canada‘s projection of 2.5 percent, annualized, the blockbuster jobs growth of recent months looks suspect. The six-month trend shows more sustainable gains of about 21,000 a month.

The moderation means the Bank of Canada will be in no hurry to raise its benchmark interest rate, which it has held at 1.0 percent since September 2010.

Market players surveyed by Reuters in late November predicted the bank would resume hiking rates in the fourth quarter of 2013.

(Reporting by Louise Egan; Editing by Kenneth Barry)

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What to Do With Your New Android

So you got a shiny new Android for Christmas? Before showing it off to all your Apple-loving friends, the device should be fully optimized at the start. Taking a couple measures ahead of time will make for a better experience later.

If you’re a brand new Android owner, the phone’s operating system is likely Jelly Bean or Ice Cream Sandwich. You shouldn’t have to upgrade anything, but there might be newer versions of built-in apps. (We’ll get to that later.)

You’ll have to set up a Google account, which should be fairly easy if you already use Gmail. If you’re completely new to Google, consider a couple things before even setting up your phone.

SEE ALSO: Top 20 Things Every First-Time Android User Should Know

[More from Mashable: Facebook in 2013: More Growing Pains Ahead]

Switching from an older Android requires a bit more prep, but it’s not impossible. Once you have a Google account, simply log in and sync accounts to receive your email and contacts. Some of your data, like photos and apps, will not transfer as easily, but there are a few ways to get around that.

The easiest way is to purchase the MyBackup Pro app. It’ll cost you $ 4, but the app backs up data and restores it to a new device.

If you’d rather start with a clean slate, without losing old photos, store all of your data in the cloud. Apps like Dropbox will back up data, but you can manually restore specific items to the new device.

Apps will need to be re-downloaded manually on a new device. Any apps purchased on a former Android will not need to be purchased again, but you will have to download those again, too.

Get Connected

The first thing to do before playing around with your new phone is to set up a Wi-Fi connection.

Hit the Menu button, and choose Settings. Then select Wireless & Networks and connect to the proper Wi-Fi as you would anywhere with a computer.

You’ll also have the option to connect to mobile networks — those settings can be found in the same menu. Your phone runs on 3G or 4G mobile networks when there is not a Wi-Fi connection.

It’s important to connect your phone to Wi-Fi when it’s available, because running on mobile networks uses data. Each download will cost data, which can quickly run over when you first get a new phone and want to try new apps. Running over on data can be very expensive.

Apps on Apps on Apps

Now that you’re up and running, it’s time to dive into the Google Play Store and get the apps that will make your life easier and more efficient.

There are so many apps for every aspect of your life. It depends on whether you want something entertaining, educational, fun, informative, creative or navigational. Sifting through apps can feel overwhelming — trial and error is the best way to approach the task. You can always uninstall an app if you don’t want it.

If you plan on purchasing anything, you’ll need a credit card. Your information will be stored securely, so you’ll only need to enter this once. But that doesn’t mean you have to spend money — there are plenty of free apps that will help you just as effectively.

Your phone will already have built-in apps, which differ with every manufacturer. These are likely due for an update before you even log into the new device. You can update them all at once by opening the Play Store, tapping the Menu button and selecting “My Apps.”

The Google Play Store can be accessed and adjusted from your phone or a desktop when logged into your Google account. You can install, update or remove any app from your phone via the store.

Google’s native apps should already be built in the device. If you can’t function without these tools — which is likely why you went with Android — you won’t be disappointed with the mobile versions.

If you juggle more than one email address, Gmail will access multiple accounts in one device.

Google Maps is a seamless GPS system, plus the updated app gives offline maps, indoor navigation and recommendations for nearby places.

Zappos

Free

Click here to view this gallery.

Social

Facebook’s native app favors Android devices. The app closely mirrors what you’d see on a desktop, making it easy to navigate. Like any other app, it has pre-fixed settings, so you might need to adjust, depending on your preferences.

After downloading and logging in to your account, hit the Menu button and select Settings. If you don’t want to use Facebook Chat from your phone, make sure Chat Availability is off. You can also adjust notifications so they only push the updates most important to you.

If you choose to sync your Facebook friends, they will automatically appear in your contact list if they share their phone number. When you agree to use the Facebook app, it shows your phone number on your profile. If you don’t want to share your number with friends, be sure to edit your contact info so that information is only available to you. The easiest way to do so is from a desktop.

Setup for Twitter is pretty straightforward. You can adjust syncing and push notifications, just like you did for Facebook, by going to Settings from the Menu button.

There are a couple options for Twitter aside from the native app. If you’re a list person, TweetDeck or Hootsuite might be better experiences.

If there is one good thing about Google+, it’s the syncing features that come with an Android device. If you don’t use the network as a social place, it can function as an automatic storage space. For example, if you take a photo with your phone, it will save to your Google+ account, even if you delete the photo from your device.

Of course, there are plenty of other social networks, so test them out and judge for yourself. If you don’t like one (or any app, for that matter) you can always uninstall it from the Google Play Store, just as you would update it.

Music

Your new Android replaces the need to carry multiple devices, including an MP3 player. If you’re gung-ho Google, the native Music app stores all of your files in the cloud, so you can easily switch from device to computer.

There is no native iTunes app, but that’s nothing a little hack can’t work around. DoubleTwist is worth the $ 5 pricetag if you cannot live without your iPod. Also, your iTunes library syncs over Wi-Fi — no wires required.

There are other great apps for music lovers on the go. Spotify is the best service for sharing and discovering music. You can send friends songs, albums and playlists. The free service features a nearly limitless music library, or you can upgrade to premium for an unlimited, ad-free experience.

Are you and Android user? Share any advice for first-timers in the comments below.

Images courtesy of iStockphoto, by_nicholas, Flickr, JD Hancock

This story originally published on Mashable here.

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Kanye West, Kim Kardashian expecting baby: reports

(Reuters) – Rapper Kanye West and reality TV star Kim Kardashian are expecting their first child, celebrity media outlets reported on Monday.

Fans and family took to Twitter to congratulate the celebrity power couple.

“Been wanting to shout from the rooftops with joy and now I can!” wrote Kardashian’s sister Kourtney. “Another angel to welcome to our family. Overwhelmed with excitement!”

According to E! News, West, 35, announced the news from the stage at a concert in Atlantic City on Sunday.

Kardashian, 32, who rose to fame five years ago for her appearances in reality TV show “Keeping Up with the Kardashians”, was the most-searched person on the Yahoo! website in 2012.

She married basketball player Kris Humphries in August, 2011, in a lavish, made-for-TV wedding, but the couple divorced just 72 days later.

(Editing by Paul Casciato)

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Vomiting Larry battles “Ferrari of the virus world”

LONDON (Reuters) – Poor Larry isn’t looking too good. He’s pale and clammy and he’s been projectile vomiting over and over again while his carers just stand by and watch.

Yet their lack of concern for Larry is made up for by their intense interest in how far splashes of his vomit can fly, and how effectively they evade attempts to clean them up.

Larry is a “humanoid simulated vomiting system” designed to help scientists analyze contagion. And like millions around the world right now, he’s struggling with norovirus – a disease one British expert describes as “the Ferrari of the virus world”.

“Norovirus is one of the most infectious viruses of man,” said Ian Goodfellow, a professor of virology at the department of pathology at Britain‘s University of Cambridge, who has been studying noroviruses for 10 years.

“It takes fewer than 20 virus particles to infect someone. So each droplet of vomit or gram of feces from an infected person can contain enough virus to infect more than 100,000 people.”

Norovirus is hitting hard this year – and earlier too.

In Britain so far this season, more than a million people are thought to have suffered the violent vomiting and diarrhea it can bring. The Health Protection Agency (HPA) said this high rate of infection relatively early in the winter mirrors trends seen in Japan and Europe.

“In Australia the norovirus season also peaks during the winter, but this season it has gone on longer than usual and they are seeing cases into their summer,” it said in a statement.

In the United States, the Centers for Disease Control and Prevention (CDC) say norovirus causes 21 million illnesses annually. Of those who get the virus, some 70,000 require hospitalization and around 800 die each year.

PROFUSE AND PROJECTILE

Norovirus dates back more than 40 years and takes its name from the U.S. city of Norwalk, Ohio, where there was an outbreak of acute gastroenteritis in school children in November 1968.

Symptoms include a sudden onset of vomiting, which can be projectile, and diarrhea, which may be profuse and watery. Some victims also suffer fevers, headaches and stomach cramps.

John Harris, an expert on the virus at Britain’s HPA, puts it simply: “Norovirus is very contagious and very unpleasant.”

What makes this such a formidable enemy is its ability to evade death from cleaning and to survive long periods outside a human host. Scientists have found norovirus can remain alive and well for 12 hours on hard surfaces and up to 12 days on contaminated fabrics such as carpets and upholstery. In still water, it can survive for months, maybe even years.

At the Health and Safety Laboratory in Derbyshire, northern England, where researcher Catherine Makison developed the humanoid simulated vomiting system and nicknamed him “Vomiting Larry”, scientists analyzing his reach found that small droplets of sick can spread over three meters.

“The dramatic nature of the vomiting episodes produces a lot of aerosolized vomit, much of which is invisible to the naked eye,” Goodfellow told Reuters.

Larry’s projections were easy to spot because he had been primed with a “vomitus substitute”, scientists explain, which included a fluorescent marker to help distinguish even small splashes – but they would not be at all easily visible under standard white hospital lighting.

Add the fact that norovirus is particularly resistant to normal household disinfectants and even alcohol hand gels, and it’s little wonder the sickness wreaks such havoc in hospitals, schools, nursing homes, cruise ships and hotels.

During the two weeks up to December 23, there were 70 hospital outbreaks of norovirus reported in Britain, and last week a cruise ship that sails between New York and Britain’s Southampton docked in the Caribbean with about 200 people on board suffering suspected norovirus.

MOVING TARGET

The good news, for some, is that not everyone appears to be equally susceptible to norovirus infection. According to Goodfellow, around 20 percent of Europeans have a mutation in a gene called FUT2 that makes them resistant.

For the rest the only likely good news will have to wait for the results of trials of a potential norovirus vaccine developed by U.S. drugmaker LigoCyte Pharmaceuticals Inc, or from one of several research teams around the world working on possible new antiviral drugs to treat the infection.

Early tests in 2011 indicated that around half of people vaccinated with the experimental shot, now owned by Japan’s Takeda Pharmaceutical Co, were protected from symptomatic norovirus infection.

The bad news, virologists say, is that the virus changes constantly, making it a moving target for drug developers. There is also evidence that humans’ immune response to infection is short-lived, so people can become re-infected by the same virus within just a year or two.

“There are many strains, and the virus changes very rapidly – it undergoes something virologists call genetic drift,” Harris said in a telephone interview. “When it makes copies of itself, it makes mistakes in those copies – so each time you encounter the virus you may be encountering a slightly different one.”

This means that even if a vaccine were to be fully developed – still a big ‘if’ – it would probably need to be tweaked and repeated in a slightly different formula each year to prevent people getting sick.

Until any effective drugs or vaccines are developed, experts reckon that like the common cold, norovirus will be an unwelcome guest for many winters to come. Their advice is to stay away from anyone with the virus, and use soap and water liberally.

“One of the reasons norovirus spreads so fast is that the majority of people don’t wash their hands for long enough,” said Goodfellow. “We’d suggest people count to 15 while washing their hands and ensure their hands are dried completely.”

(Reporting by Kate Kelland; Editing by Will Waterman)

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Progress seen in last-minute debt talks

WASHINGTON (AP) — Working against a midnight deadline, negotiators for the White House and congressional Republicans in Congress narrowed their differences Monday on legislation to avert across-the-board tax increases.

Congressional officials familiar with talks between Vice President Joe Biden and Senate Republican leader Mitch McConnell said one major remaining sticking point was whether to postpone spending cuts that are scheduled to begin on Jan 1.

Republicans want to replace across-the-board reductions with targeted cuts elsewhere in the budget, and the White House and Democrats were resisting.

At the same time, Democrats said the two sides were closing in on an agreement over taxes. They said the White House had proposed blocking an increase for most Americans, while letting rates rise for individuals with incomes of $400,000 a year and $450,000 for couples, a concession from President Barack Obama's campaign call to set the levels at $200,000 and $250,000.

Any overall deal was also likely to include a provision to prevent a spike in milk prices with the new year, extend unemployment benefits due to expire and protect doctors who treat Medicare patients from a 27 percent cut in fees.

Both the House and Senate were on track to meet on the final day of the year, although there was no expectation that a compromise could be approved by both houses by midnight, even if one were agreed to.

Instead, the hope of the White House and lawmakers was to seal an agreement, enact it and send it to Obama for his signature before taxpayers felt the impact of higher income taxes or federal agencies began issuing furloughs or taking other steps required by spending cuts.

Regardless of the fate of the negotiations, it appeared all workers would experience a cut in their-home pay with the expiration of a two-year cut in payroll taxes.

Officials who described the negotiations did so on condition of anonymity, citing the confidential nature of the discussions.

A spokesman for McConnell, Don Stewart, said the Kentucky lawmaker and Biden "continued their discussion late into the evening and will continue to work toward a solution. More information as it becomes available."

Unless an agreement is reached and approved by Congress by the start of New Year's Day, more than $500 billion in 2013 tax increases will begin to take effect and $109 billion will be carved from defense and domestic programs

Though the tax hikes and budget cuts would be felt gradually, economists warn that if allowed to fully take hold, their combined impact — the so-called fiscal cliff — would rekindle a recession.

"This whole thing is a national embarrassment," Sen. Bob Corker, R-Tenn., said Monday on MSNBC, adding that any solution Congress would swallow at this late stage would be inconsequential. "We still haven't moved any closer to solving our nation's problems."

In a move that was sure to irritate Republicans, Reid was planning — absent a deal — to force a Senate vote Monday on Obama's campaign-season proposal to continue expiring tax cuts for all but those with income exceeding $200,000 for individuals and $250,000 for couples.

In one sign of movement on Sunday, Republicans dropped a demand to slow the growth of Social Security and other benefits by changing how those payments are increased each year to allow for inflation.

Obama had offered to include that change, despite opposition by many Democrats, as part of earlier, failed bargaining with House Speaker John Boehner, R-Ohio, over a larger deficit reduction agreement. But Democrats said they would never include the new inflation formula in the smaller deal now being sought to forestall wide-ranging tax boosts and budget cuts, and Republicans relented.

"It's just acknowledging the reality," Sen. Susan Collins, R-Maine, said of the GOP decision to drop the idea.

There was still no final agreement on the income level above which decade-old income tax cuts would be allowed to expire. While Obama has long insisted on letting the top 35 percent tax rate rise to 39.6 percent on earnings over $250,000, he'd agreed to boost that level to $400,000 in his talks with Boehner. GOP senators said they wanted the figure hoisted to at least that level.

Senators said disagreements remained over taxing large inherited estates. Republicans want the tax left at its current 35 percent, with the first $5.1 million excluded, while Democrats want the rate increased to 45 percent with a smaller exclusion.

The two sides were also apart on how to keep the alternative minimum tax from raising the tax bills of nearly 30 million middle-income families and how to extend tax breaks for research by business and other activities.

Republicans were insisting that budget cuts be found to pay for some of the spending proposals Democrats were pushing.

These included proposals to erase scheduled defense and domestic cuts exceeding $200 billion over the next two years and to extend unemployment benefits. Republicans complained that in effect, Democrats would pay for that spending with the tax boosts on the wealthy.

"We can't use tax increases on anyone to pay for more spending," said Sen. Kay Bailey Hutchison, R-Texas.

Both parties also want to block an immediate 27 percent cut in reimbursements to doctors who treat Medicare patients. Republicans wanted to find savings from Obama's health care bill as well as from Medicare providers, while Democrats want to protect the health care law from cuts.

_____

Eds: Associated Press writers David Espo, Julie Pace, Robert Burns and Josh Lederman contributed to this report.

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What to Do With Your New Android

So you got a shiny new Android for Christmas? Before showing it off to all your Apple-loving friends, the device should be fully optimized at the start. Taking a couple measures ahead of time will make for a better experience later.

If you’re a brand new Android owner, the phone’s operating system is likely Jelly Bean or Ice Cream Sandwich. You shouldn’t have to upgrade anything, but there might be newer versions of built-in apps. (We’ll get to that later.)

You’ll have to set up a Google account, which should be fairly easy if you already use Gmail. If you’re completely new to Google, consider a couple things before even setting up your phone.

SEE ALSO: Top 20 Things Every First-Time Android User Should Know

[More from Mashable: Facebook in 2013: More Growing Pains Ahead]

Switching from an older Android requires a bit more prep, but it’s not impossible. Once you have a Google account, simply log in and sync accounts to receive your email and contacts. Some of your data, like photos and apps, will not transfer as easily, but there are a few ways to get around that.

The easiest way is to purchase the MyBackup Pro app. It’ll cost you $ 4, but the app backs up data and restores it to a new device.

If you’d rather start with a clean slate, without losing old photos, store all of your data in the cloud. Apps like Dropbox will back up data, but you can manually restore specific items to the new device.

Apps will need to be re-downloaded manually on a new device. Any apps purchased on a former Android will not need to be purchased again, but you will have to download those again, too.

Get Connected

The first thing to do before playing around with your new phone is to set up a Wi-Fi connection.

Hit the Menu button, and choose Settings. Then select Wireless & Networks and connect to the proper Wi-Fi as you would anywhere with a computer.

You’ll also have the option to connect to mobile networks — those settings can be found in the same menu. Your phone runs on 3G or 4G mobile networks when there is not a Wi-Fi connection.

It’s important to connect your phone to Wi-Fi when it’s available, because running on mobile networks uses data. Each download will cost data, which can quickly run over when you first get a new phone and want to try new apps. Running over on data can be very expensive.

Apps on Apps on Apps

Now that you’re up and running, it’s time to dive into the Google Play Store and get the apps that will make your life easier and more efficient.

There are so many apps for every aspect of your life. It depends on whether you want something entertaining, educational, fun, informative, creative or navigational. Sifting through apps can feel overwhelming — trial and error is the best way to approach the task. You can always uninstall an app if you don’t want it.

If you plan on purchasing anything, you’ll need a credit card. Your information will be stored securely, so you’ll only need to enter this once. But that doesn’t mean you have to spend money — there are plenty of free apps that will help you just as effectively.

Your phone will already have built-in apps, which differ with every manufacturer. These are likely due for an update before you even log into the new device. You can update them all at once by opening the Play Store, tapping the Menu button and selecting “My Apps.”

The Google Play Store can be accessed and adjusted from your phone or a desktop when logged into your Google account. You can install, update or remove any app from your phone via the store.

Google’s native apps should already be built in the device. If you can’t function without these tools — which is likely why you went with Android — you won’t be disappointed with the mobile versions.

If you juggle more than one email address, Gmail will access multiple accounts in one device.

Google Maps is a seamless GPS system, plus the updated app gives offline maps, indoor navigation and recommendations for nearby places.

Zappos

Free

Click here to view this gallery.

Social

Facebook’s native app favors Android devices. The app closely mirrors what you’d see on a desktop, making it easy to navigate. Like any other app, it has pre-fixed settings, so you might need to adjust, depending on your preferences.

After downloading and logging in to your account, hit the Menu button and select Settings. If you don’t want to use Facebook Chat from your phone, make sure Chat Availability is off. You can also adjust notifications so they only push the updates most important to you.

If you choose to sync your Facebook friends, they will automatically appear in your contact list if they share their phone number. When you agree to use the Facebook app, it shows your phone number on your profile. If you don’t want to share your number with friends, be sure to edit your contact info so that information is only available to you. The easiest way to do so is from a desktop.

Setup for Twitter is pretty straightforward. You can adjust syncing and push notifications, just like you did for Facebook, by going to Settings from the Menu button.

There are a couple options for Twitter aside from the native app. If you’re a list person, TweetDeck or Hootsuite might be better experiences.

If there is one good thing about Google+, it’s the syncing features that come with an Android device. If you don’t use the network as a social place, it can function as an automatic storage space. For example, if you take a photo with your phone, it will save to your Google+ account, even if you delete the photo from your device.

Of course, there are plenty of other social networks, so test them out and judge for yourself. If you don’t like one (or any app, for that matter) you can always uninstall it from the Google Play Store, just as you would update it.

Music

Your new Android replaces the need to carry multiple devices, including an MP3 player. If you’re gung-ho Google, the native Music app stores all of your files in the cloud, so you can easily switch from device to computer.

There is no native iTunes app, but that’s nothing a little hack can’t work around. DoubleTwist is worth the $ 5 pricetag if you cannot live without your iPod. Also, your iTunes library syncs over Wi-Fi — no wires required.

There are other great apps for music lovers on the go. Spotify is the best service for sharing and discovering music. You can send friends songs, albums and playlists. The free service features a nearly limitless music library, or you can upgrade to premium for an unlimited, ad-free experience.

Are you and Android user? Share any advice for first-timers in the comments below.

Images courtesy of iStockphoto, by_nicholas, Flickr, JD Hancock

This story originally published on Mashable here.

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Canadian job creation seen sharply lower in December

OTTAWA (Reuters) – Canada‘s job market is expected to slow markedly in December to reflect the sluggish economy and employers’ fears about the U.S. fiscal crisis following outsized gains of over 50,000 jobs in two of the previous three months.

The median forecast in a Reuters poll is for the economy to add just 5,000 jobs in the month, with forecasts ranging from a loss of 20,000 positions to a gain of 21,000.

The forecast compares with employment growth of 59,600 in November, 1,800 in October and 52,100 in September.

The unemployment rate is seen ticking higher in the final month of the year to 7.3 percent from 7.2 percent.

Derek Holt, vice president of economics at Scotiabank, said he’s been surprised by the strength of job growth which he estimates to be the equivalent in the United States of about 1.5 million non-farm payroll jobs over the last three months.

“Here we are with the conundrum where we have zero growth in the Canadian economy, long predating the appearance of the greatest fiscal-cliff risks and yet we’re heaping on jobs like there’s no tomorrow,” Holt said.

Unlike the United States, Canada has long recovered all the jobs lost during the 2008-09 recession but the pace of hiring in 2012 was unsteady.

Benjamin Reitzes, economist at BMO Capital Markets, said if the 5,000-job forecast was accurate, it would put 2012 job growth at just 1.1 percent, “the weakest non-recession year since 1996.”

Canadian employers have faced uncertainty in one form or another during the recovery and are now fretting about the U.S. fiscal cliff, a set of tax hikes and spending cuts that will automatically take effect and could throw the United States into recession unless the White House and Congress reach an alternative agreement.

“For as long as Washington cannot agree on the new tax rules and spending focus, they’re not going to give business the confidence to go out and hire and engage in capital spending projects and that’s going to impede the pace of recovery until we get more clarity,” said Holt.

With the Canadian economy now expected to grow by far less in the fourth quarter than the Bank of Canada‘s projection of 2.5 percent, annualized, the blockbuster jobs growth of recent months looks suspect. The six-month trend shows more sustainable gains of about 21,000 a month.

The moderation means the Bank of Canada will be in no hurry to raise its benchmark interest rate, which it has held at 1.0 percent since September 2010.

Market players surveyed by Reuters in late November predicted the bank would resume hiking rates in the fourth quarter of 2013.

(Reporting by Louise Egan; Editing by Kenneth Barry)

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Recess ‘Crucial’ for Kids, Pediatricians’ Group Says

Kids aren’t getting enough recess at school, the country’s top pediatricians‘ group said in a new policy statement released Monday.

The statement by the American Academy of Pediatrics is the latest salvo in the long-running debate over how much of a young child’s time at school should be devoted to academics — and how much should go to free, unstructured playtime.

The authors of the policy statement write that the AAP “believes that recess is a crucial and necessary component of a child’s development and, as such, it should not be withheld for punitive or academic reasons.”

“The AAP has, in recent years, tried to focus the attention of parents, school officials and policymakers on the fact that kids are losing their free play,” said the AAP’s Dr. Robert Murray, one of the lead authors of the statement. “We are overstructuring their day. … They lose that creative free play, which we think is so important.”

The statement, which cites two decades worth of scientific evidence, points to the various benefits of recess. While physical activity is among these, so too are some less obvious boons such as cognitive benefits, better attention during class, and enhanced social and emotional development.

Pediatricians not directly involved with the drafting of the statement applauded the AAP’s move to save recess.

“It fascinates me … that this continues to be a debate,” said Dr. Barrett Fromme, associate professor of pediatrics at the University of Chicago. “The business world repeatedly lauds the corporate culture of companies like Google who offer opportunities for play and community collaboration, and suggests that such culture is the reason for the success and happiness of its employees. Yet, we do not encourage the same culture in our children who are at a far more critical developmental period.”

“This policy statement is not only important because of the physical, but also the cognitive ability of our children,” said Dr. Shari Barkin, director of the Division of General Pediatrics and of pediatric obesity research at the Vanderbilt University School of Medicine. “This policy has created a thoughtful, comprehensive look at what is to be gained by coming back to an emphasis on physical activity and recess.”

Research Supports Benefits of Unstructured Playtime for Kids

A considerable body of research appears to support the AAP’s stand on the issue. Among this research is a study of 11,000 third-graders that appeared in the journal Pediatrics in 2009. This study found that kids who had little or no recess tended to behave worse in class and learn less than children who had at least 15 minutes of recess per day.

A 2009 Gallup poll of nearly 2,000 principals and other high-level administrators in the elementary school setting appeared to back up this finding; it found that more than eight in 10 principals believed that recess helped boost academic achievement.

“The science indicates that these kinds of breaks in the day for recess are necessary for cognitive processing,” Murray said.

Yet, various studies in recent years have revealed the erosion of this school staple. In most cases, research finds that elementary school children are getting some — but not much — unstructured recess time.

For example, according to 2005 numbers from the National Center for Education Statistics, only 7 to 13 percent of public elementary schools had no scheduled recess for children. From a relative standpoint, that’s the good news. But this same report also found that “the percentage of public elementary schools that had more than 30 minutes per day of recess ranged from 19 to 27 percent across elementary grades.”

Another study in 2005, published in the journal Childhood Education, found that up to 40 percent of the country’s school districts have either cut back recess or eliminated it in favor of additional academic activities.

Despite these trends, Murray said, many are not even aware that kids’ recess time had been dwindling.

“Most of the time when I talk about this issue with people, pediatricians and parents alike, they’re shocked that there is even an erosion of recess,” he said.

Murray said at least some of the explanation for this trend lies at the feet of policymakers’ best intentions to improve the country’s schools — specifically, the No Child Left Behind Act. The program launched in 2002 to increase children’s performance in such areas as math and reading, and effectively increased the amount of school time devoted to these subjects. As a necessary consequence, this forced cutbacks in time devoted to other school activities: art and music instruction — and, most dramatically, unstructured recess time.

“As schools are evaluated more and more on science and math scores, they have looked for opportunities to get more academic time in,” Murray said. “Some of the other [subjects and activities] have definitely taken a hit.”

It is a sacrifice, Fromme said, that deserves a second look.

“Though the argument that more time needs to be spent in teaching essential academic topics is valid, the time should not be taken from recess,” Fromme said. “The argument needs to be how to optimize the time that is spent in the classroom, and recess is part of that answer.

“Which is more effective: 60 minutes in class with half the attention, or 45 minutes with 100 percent focus? If recess can create the latter, then its existence is actually more valuable than its absence.”

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Kanye West, Kim Kardashian expecting 1st child

ATLANTIC CITY, N.J. (AP) — A kid for Kimye: Kanye West and Kim Kardashian are expecting their first child.

The rapper announced at a concert Sunday night that his girlfriend is pregnant. He told the crowd of more than 5,000 at Revel Resort‘s Ovation Hall in song form: “Now you having my baby.”

The crowd roared. And so did people on the Internet.

The news instantly went viral on Twitter and Facebook, with thousands posting and commenting on the expecting couple.

Most of the Kardashian clan also tweeted about the news, including Kim’s sisters and mother. Kourtney Kardashian wrote: “Another angel to welcome to our family. Overwhelmed with excitement!”

West, 35, also told concertgoers to congratulate his “baby mom” and that this was the “most amazing thing.”

Representatives for West and Kardashian, 32, didn’t immediately respond to emails about the pregnancy.

The rapper and reality TV star went public in March.

Kardashian married NBA player Kris Humphries in August 2011 and their divorce is not finalized.

West’s Sunday night show was his third consecutive performance at Revel. He took the stage for nearly two hours, performing hits like “Good Life,” ”Jesus Walks” and “Clique” in an all-white ensemble with two band mates.

___

AP Writer Bianca Roach contributed to this report.

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Markets calm despite looming fiscal cliff

LONDON (AP) — Markets appeared Monday to be taking in stride the prospect that U.S. politicians will fail to agree a budget deal in time to avoid automatic tax increases and spending cuts that many economists think could tilt the world's largest economy back into recession.

With just hours to go before the U.S. falls off the so-called "fiscal cliff," Republicans and Democrats remained divided over tax and spend, raising the prospect that markets will start 2013 without a clear idea of America's budget policy. The main sticking point appears to be what level of taxes are imposed on higher incomes.

Discussions in the Senate broke off Sunday night without an agreement. The Senators will return to their offices Monday to try and hammer out a deal before the deadline.

"With the gulf between both parties still wide and the desire to protect their supporters' key interests so ingrained, it is difficult to see how both sides can compromise enough to agree a deal at this point," said Rebecca O'Keeffe, head of investment at Interactive Investor.

However, it's not the first time that budget discussions in the U.S. have gone down to the wire, and investors remain confident that some sort of deal will be reached, if not Monday then in the coming days or weeks. As a result, they think that the potential damage wrought by higher taxes and spending cuts will be limited.

In addition, a backup proposal that would address only a few issues is expected to be presented by Senate Majority Leader Harry Reid, a Democrat, if a bipartisan deal is not reached.

The prospect of counter-measures to offset the "fiscal cliff" impact helps explain why markets were fairly calm in Europe and Asia, and Wall Street was poised to open higher.

In Europe, the FTSE 100 index of leading British shares was down 0.4 percent at 5,901 but the CAC-40 in France was 0.4 percent higher at 3,633. Most European indexes are only trading for half of the day ahead of the New Year break, while others including Germany's DAX were closed.

U.S. stocks were poised for gains at the open, with Dow futures up 0.2 percent and the broader S&P 500 futures 0.4 percent higher, even though in theory, the U.S. faces around $671 billion of tax increases and spending cuts over the coming months, equivalent to the sort of fiscal tightening taking place in highly indebted Europe.

Clearly, their full imposition would hobble an economy that has shown some signs of late of a more sustainable economic recovery.

Some economists predict the tax-and-spending effects of the "fiscal cliff" could eventually throw the U.S. economy back into recession — although if the deadline passes, politicians still have a few weeks to keep the tax hikes and spending cuts at bay by repealing them retroactively once a deal is reached.

"It is likely that many of the fiscal cliff measures allow a certain amount of room within which the government can introduce measures to refrain from any tax increases," said Joshua Mahony, an analyst at Alpari.

Still, the failure to adhere to the deadline following weeks of squabbling and procrastination could be view negatively by the major credit rating agencies and weigh on investor confidence going into 2013.

"I think the market reaction to that will be very negative. This means the U.S. will never be able to bring its house in order. And the deficit will continue to accumulate," said Francis Lun, managing director of Lyncean Holdings in Hong Kong. "No meaningful reform and no solution in sight. You can throw confidence out of the window."

Earlier in Asia, the picture was fairly subdued in those markets that were open — among others, markets in Japan and South Korea were closed for the New Year's holidays.

Hong Kong's Hang Seng, trading for a half-day, closed marginally lower at 22,656.92, while mainland Chinese stocks rose after a private survey showed the country's manufacturing growth at its strongest level in 18 months in December. Australia's S&P/ASX 200 fell 0.5 percent to close at 4,648.90.

There was also a fairly calm atmosphere in other financial markets, with the euro down just 0.2 percent at $1.3191 and the price of benchmark New York crude down 11 cents at $90.69 a barrel.

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Sampson contributed from Bangkok.

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