Global shares gain as global economic outlook improves

LONDON (Reuters) - World share markets extended a week-long rally on Thursday as manufacturing surveys in China and the United States boosted confidence in global growth and euro zone data at least did not worsen the already weak outlook for that region.


The euro hit a three high against the dollar on optimism that a funding deal for debt-crippled Greece will ultimately be agreed - and despite data indicating the region's economy is on course for its deepest recession since early 2009.


"The driving factors behind euro/dollar are that the global macroeconomic backdrop seems to be improving and people are pricing out the tail risk on Greece," said Arne Lohmann Rasmussen, head of currency research at Danske Bank.


The euro rose 0.4 percent to $1.2880, its highest since November 2.


The view there will be a deal to help Athens was bolstered on Wednesday when German Chancellor Angela Merkel said after the failure of the latest talks, that an agreement was possible when euro zone ministers meet again on Monday.


The hopes for a Greek deal, combined with the better economic data and a growing view that a solution can be found to the U.S. fiscal crisis, lifted the MSCI world equity index 0.4 percent to 326 points, putting it on track for its best week since mid-September.


Europe's FTSE Eurofirst 300 index rose 0.4 percent to a two-week high of 1,101.70 points, with London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX between 0.3 and 0.7 percent higher.


However, trading was subdued, with U.S. markets closed for the Thanksgiving holiday.


CHINA BOOST


Confidence in the global economic outlook got its biggest boost from the HSBC flash Manufacturing Purchasing Managers Index (PMI) for China, which pointed to an expansion in activity after seven consecutive quarters of slowdown.


The Chinese data followed a report on Wednesday showing U.S. manufacturing grew in November at its quickest pace in five months, indicating strong economic growth in the fourth quarter.


"There are questions over whether the Chinese economy is really that bad or if the U.S. will take a long time to recover, but we are getting signs that the situation is not as bad as assumed," said Peter Braendle, head of European equities at Zurich-based Swisscanto Asset Management.


PMI data on the manufacturing and services sectors in Europe's two biggest economies, Germany and France, added to the better tone, revealing that conditions had not worsened in November, though both economies are still contracting.


However, the PMI numbers for the wider euro zone remain extremely weak, pointing to the recession-hit region shrinking by about 0.5 percent in the current quarter - its sharpest contraction since the first quarter of 2009.


"The weak PMI outturn for November is a major disappointment in light of the increases in the German and French PMI surveys, and suggest the recession on the euro zone's periphery is gathering further pace," said ING economist Martin van Vliet.


BOND DEMAND


In the fixed-income markets, the improving tone enabled Spain to sell 3.88 billion euros ($4.97 billion) of new government bonds on Thursday, even though it has already raised enough funds for this year's needs.


The average yield on the three-year bonds in the auction was 3.617 percent, compared with 3.66 percent at a sale earlier in November and a 2012 average of 3.79 percent.


Ten-year Spanish yields were 6 basis points lower on the day at 5.67 percent, having traded above 6 percent at the start of the week.


"It's a clear reflection that sentiment in Spain has improved markedly," RIA Capital Markets bond strategist Nick Stamenkovic said, adding that the market was expecting Madrid to ask for an international bailout early next year.


Expectations Greece will soon get more cash set Greek yields on course for their 10th consecutive daily fall. The February 2023 bond yield dropped to 16.16 percent, its lowest since it was issued during a debt restructuring in March.


COMMODITIES STEADY


Commodity prices had some support from the improving outlook for world demand, but the prospect of only modest global growth in 2013 kept the gains in check.


Three-month copper on the London Metal Exchange rose 0.6 percent to $7,735.25 a metric tonne, and spot gold inched up to $1,730.30 an ounce.


Oil prices were more mixed as the ceasefire between Israel and Gaza's Hamas rulers on Thursday eased concerns over the impact the unrest might have had on supply from the region, offsetting support from the prospect of more Chinese oil demand.


Brent slipped 7 cents to $110.90 a barrel, while U.S. crude was up 2 cents at $87.40.


($1 = 0.7801 euros)


(Additional reporting by Jessica Mortimer and Marius Zaharia; Editing by Will Waterman and Alastair Macdonald)


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Egypt announces Hamas-Israel ceasefire

CAIRO/GAZA (Reuters) - Israel and the Islamist Hamas movement agreed on Wednesday to an Egyptian-sponsored ceasefire to halt an eight-day conflict around the Gaza Strip that has killed more than 140 Palestinians and five Israelis.


Announcing the ceasefire in Cairo, Egyptian Foreign Minister Mohamed Kamel Amr said it would come into force at 9 p.m. (15:00 EDT) - which would give 1.7 million Palestinians respite from days of ferocious air strikes and halt rocket attacks from Gaza that for the first time reached Tel Aviv and Jerusalem.


A flurry of explosions shook the city of Gaza as the truce deadline approached and several rockets landed in the southern Israeli city of Beersheba.


Amr said mediation efforts had "resulted in understandings to cease fire, restore calm and halt the bloodshed".


U.S. Secretary of State Hillary Clinton, standing alongside him, thanked Egypt's new Islamist President Mohamed Mursi for his peace efforts, saying his government was assuming "responsibility, leadership" in the region.


Israeli Prime Minister Benjamin Netanyahu told U.S. President Barack Obama he was ready to give the ceasefire a chance, but that "more forceful action" might be needed if it failed, according to a statement from his office.


Obama in turn reiterated his country's commitment to Israel's security and pledged to seek funds for a joint missile defense program, the White House said.


Senior Hamas lawmaker Ahmed Bahar said Israel had "submitted to the conditions and demands set by the resistance" and he hailed the outcome as a triumph.


"Resistance achieved a historical victory against the occupation and laid the foundation for the battle of liberation of the full land and sacred sites," Bahar, deputy speaker of the Palestinian parliament, said in a statement from his office.


According to a text of the agreement seen by Reuters, both sides should halt all hostilities, with Israel desisting from incursions and targeting of individuals, while all Palestinian factions should cease rocket fire and cross-border attacks.


The deal also provides for easing Israeli restrictions on Gaza's residents, who live in what British Prime Minister David Cameron has called an "open prison".


The text said procedures for implementing this would be "dealt with after 24 hours from the start of the ceasefire".


Israeli sources said Israel would not lift a blockade of the enclave it enforced after Hamas, which rejects the Jewish state's right to exist, won a Palestinian election in 2006.


BUS BLAST


The ceasefire was forged despite a bus bomb explosion that wounded 15 Israelis in Tel Aviv earlier in the day and despite more Israeli air strikes that killed 10 Gazans.


The Tel Aviv blast, near the Israeli Defence Ministry, touched off celebratory gunfire from militants in Gaza and had threatened to complicate truce efforts. It was the first serious bombing in Israel's commercial capital since 2006.


In Gaza, Israel struck more than 100 targets, including a cluster of Hamas government buildings. Medical officials said a two-year-old boy was among the dead.


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


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


Egypt, a longstanding U.S. ally now under Islamist leadership after last year's overthrow of Hosni Mubarak, took center stage in diplomatic efforts to halt the carnage, using its privileged ability to speak directly to both sides.


"This is a critical moment for the region," Clinton said. "Egypt's new government is assuming the responsibility and leadership that has long made this country a cornerstone for regional stability and peace."


She also pledged to work with partners in the region "to consolidate this progress, improve conditions for the people of Gaza, provide security for the people of Israel".


Egypt has walked a fine line between its sympathies for Hamas, an offshoot of the Muslim Brotherhood to which Mursi belongs, and its need to preserve its 1979 peace treaty with Israel and its ties with Washington, its main aid donor.


"Egypt calls on all to monitor the implementation of what has been agreed under Egypt's sponsorship and to guarantee the commitment of all the parties to what has been agreed," its foreign minister said at the news conference in Cairo.


Israel, the top recipient of U.S. assistance, agreed to stop fighting after having gathered troops and armor on the border with Gaza in preparation for a high-risk ground assault.


Netanyahu, in his conversation with Obama, "agreed to his recommendation to give the Egyptian ceasefire proposal a chance, and in this way provide an opportunity to stabilize the situation and calm it before any more forceful action would be necessary", an Israeli statement said.


(Additional reporting by Ori Lewis and Crispian Balmer in Jerusalem, Yasmine Saleh and Shaimaa Fayed in Cairo and Margaret Chadbourn in Washington; Editing by Alastair Macdonald)


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Selena Gomez Misbehaves in New Adidas Ad

Most of the recent headlines about Selena Gomez have speculated on the status of her relationship with Justin Bieber. But the former Disney darling also debuted a new music video for Adidas this week in which she portrays one member of a mischievous tagger gang.

Gomez is not shy about whipping out the spray can to plaster a wall with graffiti as she runs through the streets with her crew in the ad for Adidas' Neo brand. 

RELATED: Report Says Justin Bieber & Selena Gomez Split

Adidas says it was thrilled to announce Selena as the newest member of the NEO label, which Bieber also endorses. 

While shot in gritty style, the video shows Selena and her follow taggers smiling and laughing as they frolic in the streets while making a mess of everything they see with green paint and streamers. 

VIDEO: Selena Gomez 'Intimidated' by Animated Movie Role 

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US abortions fall 5 pct, biggest drop in a decade

NEW YORK (AP) — U.S. abortions fell 5 percent during the recession and its aftermath in the biggest one-year decrease in at least a decade, perhaps because women are more careful to use birth control when times are tough, researchers say.

The decline, detailed on Wednesday by the Centers for Disease Control and Prevention, came in 2009, the most recent year for which statistics are available. Both the number of abortions and the abortion rate dropped by the same percentage.

Some experts theorize that some women believed they couldn't afford to get pregnant.

"They stick to straight and narrow ... and they are more careful about birth control," said Elizabeth Ananat, a Duke University assistant professor of public policy and economics who has researched abortions.

While many states have aggressively restricted access to abortion, most of those laws were adopted in the past two years and are not believed to have played a role in the decline.

Abortions have been dropping slightly over much of the past decade. But before this latest report, they seemed to have pretty much leveled off.

Nearly all states report abortion numbers to the federal government, but it's voluntary. A few states — including California, which has the largest population and largest number of abortion providers — don't send in data. While experts estimate there are more than 1 million abortions nationwide each year, the CDC counted about 785,000 in 2009 because of incomplete reporting.

To come up with reliable year-to-year comparisons, the CDC used the numbers from 43 states and two cities — those that have been sending in data consistently for at least 10 years. The researchers found that abortions per 1,000 women of child-bearing age fell from about 16 in 2008 to roughly 15 in 2009. That translates to nearly 38,000 fewer abortions in one year.

Mississippi had the lowest abortion rate, at 4 per 1,000 women of child-bearing age. The state also had only a couple of abortion providers and has the nation's highest teen birth rate. New York, second to California in number of abortion providers, had the highest abortion rate, roughly eight times Mississippi's.

Nationally since 2000, the number of reported abortions has dropped overall by about 6 percent and the abortion rate has fallen 7 percent.

By all accounts, contraception is playing a role in lowering the numbers.

Some experts cite a government study released earlier this year suggesting that about 60 percent of teenage girls who have sex use the most effective kinds of contraception, including the pill and patch. That's up from the mid-1990s, when fewer than half were using the best kinds.

Experts also pointed to the growing use of IUDs, or intrauterine devices, T-shaped plastic sperm-killers that a doctor inserts into the uterus. A study released earlier this year by the Guttmacher Institute, a nonprofit organization that does research on reproductive health, showed that IUD use among sexually active women on birth control rose from less than 3 percent in 2002 to more than 8 percent in 2009.

IUDs essentially prevent "user error," said Rachel Jones, a Guttmacher researcher.

Ananat said another factor may be the growing use of the morning-after pill, a form of emergency contraception that has been increasingly easier to get. It came onto the market in 1999 and in 2006 was approved for non-prescription sale to women 18 and older. In 2009 that was lowered to 17.

Underlying all this may be the economy, which was in recession from December 2007 until June 2009. Even well afterward, polls showed most Americans remained worried about anemic hiring, a depressed housing market and other problems.

You might think a bad economy would lead to more abortions by women who are struggling. However, John Santelli, a Columbia University professor of population and family health, said: "The economy seems to be having a fundamental effect on pregnancies, not abortions."

More findings from the CDC:

— The majority of abortions are performed by the eighth week of pregnancy, when the fetus is about the size of a lima bean.

— White women had the lowest abortion rate, at about 8.5 per 1,000 women of child-bearing age; the rate for black women was about four times that. The rate for Hispanic women was about 19 per 1,000.

— About 85 percent of those who got abortions were unmarried.

— The CDC identified 12 abortion-related deaths in 2009.

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Wall Street rises after Gaza truce in thin holiday trade

NEW YORK (Reuters) - Stocks advanced on Wednesday after a ceasefire was declared to end the flare-up in violence between Israel and the Palestinians, though the lack of a deal to release aid to Greece kept a lid on gains.


Investors also remained anxious about the tax increases and spending cuts that are poised to come into effect in the new year - known as the "fiscal cliff" - though policymakers are not expected to get back to negotiations until after Thursday's Thanksgiving holiday.


Trading volume was light ahead of Thursday's market holiday. The stock market also will close early at 1 p.m. (1800 GMT) on Friday.


Greece's international lenders failed again to reach a deal to release emergency aid to the debt-saddled country. Lenders will try again next Monday, but Germany signaled that significant divisions remain.


A truce between Israel and Hamas gave stocks some support around midday after Egypt announced a ceasefire will come into effect later in the day.


Fears that the fiscal cliff discussions in Washington could be drawn out or yield no resolution have been at the forefront of investors' minds in recent weeks. Combined with concerns over the euro zone's continued debt problems, the worries had taken more than 5 percent off the S&P 500 since Election Day in early November.


Positive comments from U.S. politicians that they will work to find common ground have helped the S&P 500 recoup some of that loss in recent sessions.


"I think the focus is heavy on what are we doing about fiscal cliff," said Kurt Brunner, portfolio manager at Swarthmore Group in Philadelphia.


"Are these guys talking? Are there going to be substantive decisions made?"


St Jude Medical shares tumbled 13.3 percent to $30.96 after an inspection report from health regulators raised new safety concerns about one of the company's leads that are used with implantable defibrillators, analysts said.


A small gain in International Business Machines helped the Dow outperform the other indexes. IBM was up 0.7 percent at $190.47.


The Dow Jones industrial average <.dji> added 49.35 points, or 0.39 percent, to 12,837.86. The Standard & Poor's 500 Index <.spx> edged up 2.62 points, or 0.19 percent, to 1,390.43. The Nasdaq Composite Index <.ixic> gained 8.28 points, or 0.28 percent, to 2,924.96.


Salesforce.com Inc jumped 7.6 percent to $157.03 after the business software provider beat Wall Street's expectations for the third quarter and maintained its outlook for the rest of the year.


But Deere & Co dragged on the S&P 500 after the world's largest farm equipment maker reported a weaker-than-expected quarterly profit. Its stock lost 4 percent to $82.52.


The market did not derive much direction from the day's economic data, with initial jobless claims falling last week, as expected.


Other data showed manufacturing picked up at its quickest pace in five months in November, while consumer sentiment improved only slightly.


The focus will likely turn to retailers on Friday as analysts try to assess how strong the holiday shopping season will be this year, Brunner said. Holiday shopping traditionally kicks off the day after Thanksgiving, known as Black Friday, as stores offer deals and discounts to lure consumers.


(Editing by Jan Paschal)


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Hamas says Gaza truce agreed; Israel, Egypt say no deal yet

GAZA/JERUSALEM (Reuters) - A Hamas official said Egyptian mediators had clinched a truce with Israel on Tuesday that would go into effect within hours, but Egypt and Israel said a Gaza ceasefire deal was still up in the air after a week of fighting.


"The talks are still continuing," an Egyptian official, who declined to be identified, told Reuters. He said Cairo was hopeful of an agreement later in the day.


Israel pressed on with its strikes in Gaza on the seventh day of its offensive and Palestinian rockets still flashed across the border as U.S. Secretary of State Hillary Clinton headed to the region after attending an Asian summit.


The Jewish state launched the campaign last week with the declared aim of halting the rocketing of its towns from the Palestinian enclave, ruled by the Hamas militant group that does not recognize Israel's right to exist.


Medical officials in Gaza said 21 Palestinians were killed on Tuesday. An Israeli soldier and a civilian died when rockets exploded near the Gaza frontier, police and the army said.


Gaza medical officials say 130 people have died in Israeli strikes, mostly civilians, including 31 children. In all, five Israelis have died, including three civilians killed last week.


Clinton was due to meet Prime Minister Benjamin Netanyahu late on Tuesday in Jerusalem. Earlier, he said that Israel was open to a long-term deal aimed at ending Palestinian rocket attacks that have plagued its southern region for years.


Khaled Meshaal, exile leader of Hamas, said on Monday that Israel must halt its military action and lift its blockade of the Palestinian coastal enclave in exchange for a truce.


Both Netanyahu, favored to win a January national election, and U.S. President Barack Obama have said they want a diplomatic solution, rather than a possible Israeli ground operation in the densely populated territory, home to 1.7 million Palestinians.


Speaking to Reuters from Cairo, where intensive efforts have been under way to end the violence, Hamas official Ayman Taha said "an agreement for calm has been reached".


He said it would be declared at 9 p.m. (15:00 EDT) - though no deal was announced as the clock ticked past that hour - and take effect at midnight (18:00 EDT).


Netanyahu spokesman Mark Regev told Reuters that Taha's announcement was premature and Israeli military operations in Gaza would continue in parallel with diplomacy: "We're not there yet," Regev said on CNN. "The ball's still in play."


Hamas spokesman Sami Abu Zuhri, speaking after Taha made his remarks, said the group was still waiting to hear whether Israel would accept the terms of a deal: "Cairo informed us they expect the response to be positive," Abu Zuhri said.


Israel's military on Tuesday targeted about 100 sites in Gaza, including ammunition stores and the Gaza headquarters of the National Islamic Bank.


Israeli police said more than 150 rockets were fired from Gaza by the evening.


"No country would tolerate rocket attacks against its cities and against its civilians. Israel cannot tolerate such attacks," Netanyahu said with U.N. Secretary-General Ban Ki-moon, who arrived in Jerusalem from talks in Cairo, at his side.


"If a long-term solution can be put in place through diplomatic means, then Israel would be a willing partner to such a solution," he said. "But if stronger military action proves necessary to stop the constant barrage of rockets, Israel will do what is necessary to defend our people."


HAMAS TARGETS JERUSALEM AGAIN


After nightfall, Israel stepped up its Gaza bombardment. Artillery shells and missiles fired from naval gunboats slammed into the territory and air strikes came at a frequency of about one every 10 minutes.


In an attack claimed in Gaza by Hamas's armed wing, a longer-range rocket targeted Jerusalem on Tuesday for the second time since Israel launched the air offensive.


The rocket, which fell harmlessly in the occupied West Bank, triggered warning sirens in the holy city about the time Ban arrived for truce discussions. Another rocket damaged an apartment building in Rishon Lezion, near Tel Aviv.


Rockets fired at the two big cities over the past week were the first to reach them in decades, a sign of what Israel says is an increasing threat from Gaza militants.


In the Gaza Strip on Tuesday, Hamas executed six alleged collaborators, whom a security source quoted by the Hamas Aqsa radio said "were caught red-handed" with "filming equipment to take footage of positions". The radio said they were shot.


Militants on a motorcycle dragged the body of one of the men through the streets.


Along Israel's sandy, fenced-off border with the Gaza Strip, tanks, artillery and infantry massed in field encampments awaiting any orders to go in. Some 45,000 reserve troops have been called up since the offensive was launched.


A delegation of nine Arab ministers, led by the Egyptian foreign minister, visited Gaza in a further signal of heightened Arab solidarity with the Palestinians.


Egypt has been a key player in efforts to end the most serious fighting between Israel and Palestinian militants since a three-week Israeli invasion of the enclave in the winter of 2008-9. Egypt has a 1979 peace treaty with Israel seen by the West as the cornerstone of Middle East peace, but that has been tested as never before by the removal of U.S. ally Hosni Mubarak as president last year in the Arab Spring uprisings.


Mohamed Mursi, elected Egyptian president this year, is a veteran of the Muslim Brotherhood, spiritual mentors of Hamas, but says he is committed to Egypt's treaty with Israel.


Mursi has warned Netanyahu of serious consequences from an invasion of the kind that killed more than 1,400 people in Gaza four years ago. But he has been careful so far not to alienate Israel, or Washington, a major aid donor to Egypt.


(Additional reporting by Cairo bureau; Writing by Jeffrey Heller; Editing by Alastair Macdonald)


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Nintendo’s Wii U: First Impressions
















GamePad


The Wii U GamePad has a 6.2-inch touchscreen.


Click here to view this gallery.













[More from Mashable: Meet the Super Fan Who Waited in Line for a Month for a Wii U [VIDEO]]


Nintendo‘s newest console has only been available for one day, but that’s still enough time for early-bird consumers to get their hands on the Wii U, and test out its features and games.


We spent the last 24 hours playing with the Wii U, and have organized our early thoughts on the system. Read on if you’re on the fence about buying one.


[More from Mashable: Toys ‘R’ Us Says Wii U Pre-Order Shipments May Be Delayed]


Out of the Box


Setting up the Wii U is easy, but installing the software is more of a process. Nintendo issued a day-one patch to activate features such as MiiVerse, the company’s social features; this means users will spend between one to three hours (depending on connection speed) downloading and installing a patch that bricks their system. Not a great way to greet consumers excited to play your games. But there’s a chance that servers won’t be as busy in the coming weeks, so download times may improve. Each game I inserted had its own patch too, which users have to install on the second playthrough.


After getting through the patch, user still face an involved setup. They have to create their Mii avatar before they start playing, and create a Nintendo Network ID for network play. Users must also set up the GamePad’s universal remote functionality, which is thankfully the easiest part of the process. They only have to pick their TV manufacturer (the Wii U knows what to do next). The GamePad controls volume, input source and channels.


Look and Feel


The GamePad is the Wii U’s main portal, so users need it to access all the relevant menus (the console shows a different menu from the television); here, users can launch applications by touch. The default view includes apps such as Netflix, Hulu Plus, Amazon Video Services and YouTube; but only Netflix is available now, which seems a bit like false advertising. Loading other options, such as the Nintendo eShop, requires pressing the Home button on the controller, which is unintuitive at first. But soon, the button quickly becomes a handy way to navigate to other parts of the Wii U, like the upcoming Nintendo TVii.


The most troublesome thing about the console is that everything moved slowly; launching games and apps took a long time. I felt like I spent awhile looking at a spinning blue circle.


Wii U games definitely take advantage of the console’s ability to support high-definition graphics. Cartoony games, such as Scribblenauts Unlimited or Nintendo Land look beautiful. For games such as ZombiU, which are supposed to appear more realistic, users might be disappointed. This system is supposed to be the next-generation of gaming consoles — meant to outshine the Xbox 360 — but I can’t say it achieves that.


The GamePad


Pre-launch, Nintendo has spent much of its time crowing about the features of the GamePad, a hybrid touch screen and controller that’s central to the Wii U. The first thing I noticed is its large size; but after spending a few hours with the GamePad, I’ve concluded that it won’t weigh you down like an iPad, yet is substantial enough that it doesn’t feel like a toy (though the glossy finish makes it look like one.)


Unfortunately, the GamePad takes some getting used to as an actual controller, especially for games that require more than simple controls or the gyroscope. My biggest complaint is that Nintendo bucked all gaming-controller tradition by swapping the position of the right analog stick and the four letter buttons. Anyone who has played any other modern console (including Nintendo’s own GameCube) knows instinctively that the analog stick goes below the buttons; but Nintendo flipped them on both the GamePad and the Pro Controller. If the company is only targeting non-gamers, they won’t notice; but this will be a difficult change for many others. Despite this drawback, the buttons, and especially triggers, feel good.


The GamePad is mostly dominated by the 6.2-inch touch screen with a passable resolution: 854 x 480. The most appealing feature of the Wii U — that users can play games or watch movies entirely on the GamePad — may be spoiled for some looking for HD crispness. Still, I watched a whole episode of Portlandia from Netflix on the GamePad, and also spent time playing New Super Mario Bros. U with the television off. Being able to isolate your gameplay to a smaller screen is very novel, and one of my favorite parts of the system.


Games


Nintendo’s Wii U has a better launch lineup coming out, compared to other consoles — but only a few titles stick out. Almost everyone I talked to in line at the Nintendo World store during the Wii U launch wanted New Super Mario Bros. U or ZombiU, both of which are fun titles. Nintendo Land, which is a pack-in if users purchase the Deluxe model, is going to be a huge hit at parties; from what I’ve seen so far, it has some engrossing minigames. I haven’t cracked open Scribblenauts Unlimited yet, but in demos it looks like a very promising title that would go well with a touch screen.


Some non-exclusive titles on other consoles are also appealing. I’m looking forward to digging in to Epic Mickey 2 and Tekken Tag Tournament 2. While the system had 24 launch titles, many more are expected to debut in the coming months.


I plan to spend Thanksgiving week exploring the Wii U, and will write a more detailed report on whether it’s the right console for gamers, families or casual users.


This story originally published on Mashable here.


Gaming News Headlines – Yahoo! News



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Amazing Race's James & Abba Talk Moscow Misfortune

The Amazing Race bid farewell to long-haired music industry veterans James LoMenzo and Mark "Abba" Abbatista on Sunday night, and ETonline caught up with the pair to find out how hard it was to have their bags stolen in Moscow, if they ever made it out of Russia, and what they thought of two other teams taking their cash, in an interview filled with lots of laughs.

James: (Plays the ET theme song on his guitar).

Abba: That was James by the way. How are ya?

ETonline: I'm good how are you? I'm sad to be talking to you guys honestly.

James: Oh we're not… we're happy.

Abba: I'm not. (laughs)

ETonline: Because I wanted you to keep going. Oh my gosh it was so hard to see you--

James: Who says we're out of the race yet -- Abba?

ETonline: You're still out there racing, right?

Abba: There may be a gas leak in James's house, uh...

James: No, there's a gas leak in this Russian prison cell...

ETonline: I was really bummed to see you lose your bags, that was just awful to watch. How did that feel? What was your reaction when you saw that the cabbie left?

Abba: It felt great! It was a lot easier without the bags… No. Let me correct you too because we didn't lose our bags, this was a cabbie drove away with our bags and conscious act of theft here we got out of the cab and he drove away.

ETonline: Oh, okay.

Abba: And so you know, we were like fifty feet away from the clue box, you could see it, and you know we just thought we were running up and getting the clue and coming back, we had not paid him at the time, and apparently he thought that the bags were more important and more valuable than the money we owed him, and as soon as we got out of the car, boom he went.

ETonline: Wow.

Abba: So again it wasn't some act of you know kind of foolishness or you know, slack part of anything on our part, it was really just a bad situation. And the reason to why my passport was in there was because we had come out of the pool and I didn't have a towel, and when we put our closed on they were soaking wet because I couldn't dry off. And that's the reason why. I mean normally my passport, I sleep with it when I travel. And so again, just weird things happened and it got us.

James: I have a confession Abba. I slept with your passport too. Maybe this isn't the place.

ETonline: On the show it wasn't really clear, because I know a lot of the times on The Amazing Race people will leave their bags in the cab and so I just assumed watching it that that was what had happened, but the way you describe it, that's much worse.

Abba: You know I would bet, and I'll probably go back and take a look at this, that every single team did exactly that. And that was the first and only time that we ever separated from our bags. In the bamboo challenge we actually put them down and I tied them to the bike that we were in. So, okay I sit corrected that there were actually two times that I ever remember leaving the bag that was not in our possession like that.

James: Throughout the race I kept telling the Sri Lankan girls, you girls are out of your mind, don't leave your bags in the cab cause they were doing it with impunity, and I thought well you know, you guys are just risking it. So it wasn't like we were, you know not aware that could happen or weren't thinking that couldn't happen. Again it was all at the moment, we were rushing, we thought okay let's just get up there, get back in the cab and move on. So that's kind of why we took that shot.

ETonline: Yeah, that guy probably made a lot of money off of all the stuff you had in your bags.

Abba: Well we actually had the lightest bags ever in race history. We were under ten pounds on our bags so good luck to him he stole the wrong ones.

ETonline: Ha!

Abba: But you know, we had to comb our hair with a fork the next day because you know we didn't have a comb.

Related: Rob from 'The Amazing Race': The Beekman Boys Opened My Eyeshref>

ETonline: (laughs) I was going to ask you guys that because besides the fact that you ended up getting eliminated from the race, I mean how hard was it to be in a foreign country with basically only the clothes on your back?

Abba: Yeah it was a little bit uncomfortable. Especially cause it was raining and cold. (laughs)

James: Yeah, actually it was freezing that night. ... Having lost luggage many times, it's not the first time we've ended up somewhere without or stuff, you know? 'Cause we've traveled [while] touring [with a band] for years. And that's almost commonplace to have your bags go away for a day or two.

Abba: It was rough for me because I had contacts in, and my glasses were stolen and I'm pretty not much functional without my glasses, so having contacts in every day and waking up in the middle of the night in a hotel and I couldn't see where the bathroom or something was and I couldn't walk anyway because you know… That was pretty hard to go through a daily situation of nothing but contacts.

ETonline: Totally.

Abba: But you know what, you MacGyver things you know, as best you can.

James: Strapped on some glasses backwards on his eyes.

L: How long did it take you to get a passport and get out of the country?

J: It is an interesting story, tell her why we couldn't get it right away.

A: What happened is that you just can't get a passport ... There's also a Russian visa for entry and exit, so you're dealing with two different governments at this point. This happened on a Friday and a Saturday, and Tuesday was the Russian day of independence like our Fourth of July. ... So not only did we get hit with lightning, we got hit with a hurricane on top of that, and then like an electric eel came and zapped us and then we were stung in the face by a bee. ... We wound up having to go through the bureaucracy of the Russian system which is a very procedure-driven, it's not the easiest kind of culture to be in sometimes, there's no flexibility in it, everything is very much by the rules and very you know, that's the way it is and you have to jump through the hoops. But you know what we got lucky with some of it and we were able to get the passport issued, the temporary passport that got us home, and then the visa that allowed us to get out too. So, and there's a little bit more story to that but um there was actually a letter of diplomatic immunity that was granted, that is how this thing happened.

ETonline: (laughs) Wow.

James: We would have had to stay there for over a month (laughs).

ETonline: How long did it take?

Abba: It was I think six days.

ETonline: Wow.

Abba: I looked at James at one point I said, "Hey you know what, if we had won this leg, we would have got say a trip to go somewhere." So this way here we got our six day all-expense paid trip to Moscow, you know?

James: (laughs)

Abba: And that was kind of how we felt and it was like you know what like alright, we're over it we're out of the race, we have to kind of re-transition ourselves, and even though we're doing this all day long at least at night we can drink voluminous--

James: Vodka!

Abba: Vodka (laughs).

ETonline: So on Sunday night's episode in the last closing scene, you see that you are in a car with a priest. Can you tell me how that happened?

Abba: (laughs)

James: That was our speed bump, if you recall we heard the speed bump. ... So we were the only ones that had to do that, that's why you kept seeing our faces on the speed bump sign, and that was actually his church which was conspicuously placed throughout a bunch of roads going in the same direction. So it was a bit of a challenge, we knocked it out pretty quick. We were kind of hoping that, you know, maybe he'd put in a good prayer for us or at least he'd open up his collection box and the passport would be in it but obviously he wasn't a very good priest because neither one of those things happened (laughs).

ETonline: Unfortunately he couldn't materialize your passport for you (laughs). ... I also want to talk to you about another turning point in the race this season, another major, major event. What did you think when you watched the episode where the twins took your money and shared it with Trey and Lexi?

James: I was dumbfounded because we were convinced that we had lost the money. I mean just lost it, like it just slipped out of Abba's pocket along the way. So that was the first, I mean we kind of discovered that with the audience watching the show, you know. It was kind of weird to all of a sudden look at these people we'd been running around with and go, 'Oh my God, look at them!' But you know, my take on it, Abba's a little different, there's no rule against picking up somebody's money if it's fallen on the floor, you know, and part of the game is to kind of compete and get ahead and stuff like that. I don't know if it was a scrupulous thing but you know I don't hold really any animosity towards them. I think it was kind of, you know it's bad taste to have to be shown on TV doing something like that. And I was really surprised that Lexi jumped on board as well. You know, and to me it is kind of a part of the game, maybe not the most, [moral] part of the game. I don't know.

Abba: Yep, and as he said I don't totally buy into that kind of situation. I mean, I don't condone what happened. I think under the circumstances that we were the only people in there, it was a substantial amount of American money, and they knew it was, and so I'm disappointed, kind of shocked at Trey and Lexi. Not so shocked at the twins. But you know what, it happened to us, we didn't know that that had happened until we saw it on television that week. Previously going there we had been in a van as our cab and I had fallen asleep on the back bench and that's how I thought the money was lost. You know I wasn't going to accuse anybody because I didn't know that, and now, looking at it in hindsight, I just don't think that looking in the rearview mirror is the best way to go forward. So, you know, it happened and I think that you know I was very happy the way that we kind of dealt with it level-headed and--

James: It created a really great experience anyway, you know? Despite all that we did get back on track relatively quickly, so I mean it kind of [ended up being positive] in a strange way.

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ETonline: Yeah, I thought it was pretty amazing that in a country like Bangladesh where there's clearly so much poverty, that you were able to replace that money with everyone being so generous.

Abba: Yeah. And you know what again if we had had the money, we would not have had that life experience, and I think that quite honestly for me, that day was probably one of my highlights of the whole race, you know? Because it's really like the generosity of strangers giving you something that, you have no chance of ever paying back, and it really is just like, why are you doing this, you know? And then it kind of makes you feel guilty about all the times that maybe you could've reached out your hand to somebody and you didn't, you know? And you're kind of like, God I feel somewhat terrible about myself here, but at least at the same time it's like there's these angels around us that are you know, kind of like -- wow.

Abba: I'll tend to look at it as, if that didn't happen that day we would have never had that experience, and you know again it wasn't something fatal, you know we said sort of through it that a lot of times you know you're gonna to make mistakes trying to stay away from the catastrophic ones, well we hit one of those (laughs), you know? But I think just going through life if you bend and don't break, you're probably better off. And I think that you know it was a nice gesture of the Bangladeshi people. You saw throughout the race, we had support of a lot of the locals. Everywhere we went with the children in Bangladesh, and the people helping us with the bamboo, and if you look there's always a circle around us that are sort of smiling and enjoying what it is that we're doing. And you know, I think that that's sort of a testament to James and I, and I hope anyway that that's why they were there, because they wanted to be with us. And we could respect their culture and their local customs, and you know, who they are, and I'd like to think that's some of the experience of us traveling, you know? That we're not scared of this stuff that seems so exotic and so foreign sometimes the first time that you see it.

Abba: And even the poverty that was there in Bangladesh, it's awful, you know? I mean the conditions that these people are living in -- they're there right now today and have the same conditions. But the spirit of the people in some of the poorest places that I've ever been has been the most wonderful spirits that I could find. Anywhere. And you know it's just I think a nice reminder sometimes and people use it as that positive kind of reminder, then you know what, it was a lesson that we learned, and hopefully everybody else could kind of benefit from it.

ETonline: Yeah definitely. Has it changed how you live your life daily now that you're back in any way?

James: You know what, I've always kind of had an open heart for people, and more so than a lot of people in my business. But this has kind of reinforced that. When we were stuck in Russia we were at the police station, and we were trying desperately to find our passport, we just couldn't make a connection language wise with the guy on duty, and we had to fill out a form. And so you saw this fellow come walking up and I asked him could you help translate. That guy stood there for hours. Hours. He had just come home from school, and he had his smoothie he was gonna sit down and eat, and he gave us all that time. And, I mean, I was amazed, I am forever thankful to him. It didn't get us the passports, nonetheless he gave us all that time to try and help us. I mean there are so many great people in the world and I think you know, we get the kind of the thing of being ugly Americans, you know that kind of strips off once you see the generosity of people with maybe a little less. I mean not so much [with this guy] but certainly Bangladesh. I came away with so much renewed positivity for people in general throughout the whole world.

Abba: I think we kind of came across as being kind of serious and it's really not the way that so much of this was, you know I think we had a whole lot of goofy like moments through things, and there were people that helped us. Again we wound up even going into the final pit stop, there was a really pretty girl that was jogging along, and it was kind of like I put out my thumb like hitchhiking and she laughed, and you know she walked up to the pit stop with us, and we kind of hugged her, and when we were in Moscow the first time again there was another very pretty woman that was dressed in this business suit and she was the one who kind of helped and walked with us, and got a cab for us. Going on to the one plane that we wound up getting on going into Russia we met these two women that were I think from Ireland or Scotland, and they got on the plane and we wound up going down the runway with them holding hands and like singing and dancing, and like you know. I mean it was just so much fun that like we had, and you know obviously they can't show everything but you know what it's like we enjoyed the experience.

Abba: And I think that's really something everybody should take [away, that] there's so much stuff in the world that you could just kind of unbelievably enjoy. Try to eat something different today. Say hello to somebody you've never said hello to before, you know just do something different, whatever it is. And I think that if you have that attitude, life really opens up and maybe these people were all around us all the time but you know what, it's like a clenched fist can't receive the gift. So if you open up your hand sometimes you might be surprised what falls into them. And not just when you need something. And, again, I think our experiences of traveling have sort of maybe taught us that slowly along the way, and maybe you saw some of that. I'd like to think that that's sort of how we live our life, and I think it was pretty accurately represented.

ETonline: One last question: Who do you think of the remaining pairs, who do you think will win?

Abba: I'm gonna go with Monster Truck.

James: Yeah me too.

ETonline: (laughs) You guys know they're not in it any more, right?

A: They're not? Who are you voting for?

J: They only let us watch TV for forty minutes at a time here in Russia.

A: Yeah we're still in Russia by the way. Did they tell you that?

You can catch the remaining teams on The Amazing Race on Sunday nights at 8/7 c on CBS.

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New push for most in US to get at least 1 HIV test

WASHINGTON (AP) — There's a new push to make testing for the AIDS virus as common as cholesterol checks.

Americans ages 15 to 64 should get an HIV test at least once — not just people considered at high risk for the virus, an independent panel that sets screening guidelines proposed Monday.

The draft guidelines from the U.S. Preventive Services Task Force are the latest recommendations that aim to make HIV screening simply a routine part of a check-up, something a doctor can order with as little fuss as a cholesterol test or a mammogram. Since 2006, the Centers for Disease Control and Prevention also has pushed for widespread, routine HIV screening.

Yet not nearly enough people have heeded that call: Of the more than 1.1 million Americans living with HIV, nearly 1 in 5 — almost 240,000 people — don't know it. Not only is their own health at risk without treatment, they could unwittingly be spreading the virus to others.

The updated guidelines will bring this long-simmering issue before doctors and their patients again — emphasizing that public health experts agree on how important it is to test even people who don't think they're at risk, because they could be.

"It allows you to say, 'This is a recommended test that we believe everybody should have. We're not singling you out in any way,'" said task force member Dr. Douglas Owens of Stanford University and the Veterans Affairs Palo Alto Health Care System.

And if finalized, the task force guidelines could extend the number of people eligible for an HIV screening without a copay in their doctor's office, as part of free preventive care under the Obama administration's health care law. Under the task force's previous guidelines, only people at increased risk for HIV — which includes gay and bisexual men and injecting drug users — were eligible for that no-copay screening.

There are a number of ways to get tested. If you're having blood drawn for other exams, the doctor can merely add HIV to the list, no extra pokes or swabs needed. Today's rapid tests can cost less than $20 and require just rubbing a swab over the gums, with results ready in as little as 20 minutes. Last summer, the government approved a do-it-yourself at-home version that's selling for about $40.

Free testing is available through various community programs around the country, including a CDC pilot program in drugstores in 24 cities and rural sites.

Monday's proposal also recommends:

—Testing people older and younger than 15-64 if they are at increased risk of HIV infection,

—People at very high risk for HIV infection should be tested at least annually.

—It's not clear how often to retest people at somewhat increased risk, but perhaps every three to five years.

—Women should be tested during each pregnancy, something the task force has long recommended.

The draft guidelines are open for public comment through Dec. 17.

Most of the 50,000 new HIV infections in the U.S. every year are among gay and bisexual men, followed by heterosexual black women.

"We are not doing as well in America with HIV testing as we would like," Dr. Jonathan Mermin, CDC's HIV prevention chief, said Monday.

The CDC recommends at least one routine test for everyone ages 13 to 64, starting two years younger than the task force recommended. That small difference aside, CDC data suggests fewer than half of adults under 65 have been tested.

"It can sometimes be awkward to ask your doctor for an HIV test," Mermin said — the reason that making it routine during any health care encounter could help.

But even though nearly three-fourths of gay and bisexual men with undiagnosed HIV had visited some sort of health provider in the previous year, 48 percent weren't tested for HIV, a recent CDC survey found. Emergency rooms are considered a good spot to catch the undiagnosed, after their illnesses and injuries have been treated, but Mermin said only about 2 percent of ER patients known to be at increased risk were tested while there.

Mermin calls that "a tragedy. It's a missed opportunity."

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Wall Street falls as Bernanke's comments weigh

NEW YORK (Reuters) - Stocks slid as Federal Reserve Chairman Ben Bernanke's comments added to worries about the economic impact of the U.S. "fiscal cliff" and Hewlett-Packard's stock sank on news of an $8.8 billion accounting charge.


Bernanke, in comments before the Economic Club of New York, said the Fed does not have the tools to offset the damage that would result if politicians fail to strike a deal to prevent going off the fiscal cliff. If a solution isn't approved in time, then mandatory tax increases and spending cuts will go into effect early next year. Bernanke said he does not believe the possible benefits of cutting the interest it pays on bank reserves are sufficient to outweigh the risk of trouble in money markets.


"In the short run, we're hostage to the fiscal cliff. I think (Bernanke's) got to be really, really fearful that Washington doesn't get its act together and that creates stresses on the financial system," said Dan Veru, chief investment officer of Palisade Capital Management in Fort Lee, New Jersey.


Stocks rallied for the last two sessions on optimism that Washington politicians could agree on a deal to avoid the U.S. fiscal cliff. But the gains followed two weeks of sharp losses.


Hewlett-Packard Co shares sank 12 percent to a 10-year low at $11.70 as the computer and printer maker swung to a fourth-quarter loss. The company said it took an $8.8 billion charge related to its acquisition of software firm Autonomy, citing "serious accounting improprieties.


The Dow Jones industrial average <.dji> was down 63.43 points, or 0.50 percent, at 12,732.53. The Standard & Poor's 500 Index <.spx> was down 5.78 points, or 0.42 percent, at 1,381.11. The Nasdaq Composite Index <.ixic> was down 15.01 points, or 0.51 percent, at 2,901.06.


Another factor weighing on stocks was Moody's Investors Service's reduction of France's sovereign rating by one notch to Aa1 after the market's close on Monday. Moody's cited an uncertain fiscal outlook as a result of the weakening economy.


(Additional reporting by Chuck Mikolajczak Editing by Jan Paschal)


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