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| Japan's government rebuked the Tokyo Stock trading game and one of the country's biggest brokerage firms Friday after a typing error caused Mizuho Securities Co. to shed at least $225 million with a stock trade.The glitch roiled the Japanese market, while jitters in the reliability of the exchange's automated program contributing to a 1.95 % drop in the benchmark Nikkei 225 index Thursday.The Nikkei rebounded 1.45 percent Friday in order to complete at 15,404.05, however the mishap triggered concern among some traders merely a month after an uncomfortable glitch at the exchange shut down the market for almost a complete day.The trouble began Thursday morning, when Mizuho Securities tried to sell 610,000 shares at 1 yen (less than a penny) apiece in the job recruiting company called J-Com Co., which has been having its public debut about the exchange.It had actually that will sell 1 share at 610,000 yen (or, $5,041).Even worse, the number of shares in Mizuho's order was 41 times that regarding J-Com's true outstanding amount, however the Tokyo Stock Exchange processed the transaction anyway.Mizuho says it attempted to cancel the order 3 x, but the exchange said it doesn't cancel transactions even though they are executed on erroneous orders.By no more the day, Mizuho Securities, a division with the nation's second-largest bank, Mizuho Financial Group, Inc. had lost at the very least 27 billion yen. That total could rise, however, Mizuho Securities spokesman Hideki Sakuma said Friday, adding the mishap was sparked by human error.Japan's Financial Services Agency, the country's financial watchdog, began an instant probe into what went wrong and how to prevent a repeat."In order to maintain the credibility in the Tokyo Stock Exchange, I very strongly want this challenge to be resolved quickly," Economy and Banking Minister Kaoru Yosano told reporters Friday. "The very first thing for the Financial Services Agency to do is to determine what happened in greater detail. Based on that, we will decide what is needed in line with the rules and regulations.""We need to think a little more about putting safety measures in position to prevent confusion," Pm Junichiro Koizumi told reporters Friday.Chief Cabinet Secretary Shinzo Abe said the Finance Ministry was working together with Mizuho and the Tokyo Currency markets to formulate countermeasures for the future.J-Com's shares debuted at 672,000 yen ($5,600) for the Tokyo exchange's Mothers market and plunged to 572,000 yen ($4,767). But a huge buy bid placed after Mizuho Securities' sell order helped lift J-Com to 772,000 yen ($6,433) at the close.According to a Secretary of state for Finance filing, Morgan Stanley ended the session with a 31.2 percent stake in J-Com.The Tokyo Stock Exchange suspended trading of J-Com on Friday, but declined to specify the way it will sort out the mess created by the botched order. News reports have suggested the exchange may cancel the order through penalty payments, borne by Mizuho.A lot of the sell orders have yet to be carried out, meaning further trading could "cause instability available in the market," the exchange's managing director, Tomio Amano, said at a news conference.The botched trade comes at a sensitive time for the Tokyo exchange, that has surged on record volume, spurred by purchasing from foreign investors.For Mizuho Securities, this news is even worse.Mizuho Financial Group claimed it would fully back its security arm's losses from erroneous trades on J-Com. Nevertheless the red ink could eliminate Mizuho Securities' profit of $233 million for the fiscal year that resulted in March 2005. mulberry shoes
A recent study found out that 81 percent of 10-year-old girls that terrifies them becoming fat, knowning that many feel better about themselves if they are on a diet. Anorexia is affecting pre-teens more than ever before, CBS News correspondent Terrell Brown reported on "The Early Show" Tuesday. And also the battle to overcome the seating disorder for you for "tweens" can be devastating, Brown says.Ten-year-old Shae Walker was an accomplished gymnast, practicing up to 16 hours per day. But when she chose to quit and focus to be with her studies and social life, Shae said, she started to have bad opinion of her weight."Probably per month after quitting," Shae's mother, Michele Walker, said, "she would try the mirror and earn comments to me saying she was fat."Michele informed her daughter that was ridiculous.But Shae began to believe she was getting fat. "I would pinch body fat on my stomach or what was probably skin," she said. "When I looked inside the mirror, it looked to me that I was getting fatter or I had been fat. ... I was seeing every imperfection that we had. ... I got a feeling like I wasn't good enough anymore."Shae refused to consume anything but salad. She exercised compulsively and wore baggy clothes to hide her shrinking frame from friends and family. In just three months, Brown reported, she dropped from your healthy weight of 85 pounds to simply 68. Michele was so desperate, she took a photograph to show Shea just how thin she'd gotten. "It was like I became seeing somebody completely different," Shae said, "because that, compared to the person I saw in the mirror, were way different."At just Decade old, Shae was anorexic. "I felt like, I needed almost two personalities," Shae said. "The the one which wanted to get better as well as the one that didn't."Michele said her daughter mentioned she wished to die, so it would all just end. Brown said the problem soon became one among life-and-death. The Walkers checked Shae into a diet disorders clinic, where she was that come with a feeding tube. Where there, Shae confronted her fears. Shae told Brown her eating disorder became almost a person-like figure in her life. At the Remuda Ranch clinic, she gave it the name Ed, short for eating disorders. After months of therapy, Shae overcame anorexia, and also the negative thoughts began to fade. Now 13, Shae carries a different view of life."I feel confident now," she said. "I can accept myself, regardless of how I look."But many children are experiencing the same things, based on Elizabeth Shaw, executive editor of Parenting magazine.Shaw told "Early Show" co-anchor Maggie Rodriguez teaching young kids to eat well and providing them a positive self-image early-on is a start to keeping your kids healthy. She added that, occasionally, family history of anxiety, depression perfectionism and compulsive disorders may help with anorexia. "When you take this predisposition, combine it with dieting, the calorie restriction as well as the excessive behaviors will surely quickly morph in a disorder," she said.Rodriguez pointed to heroines for children."I remember when I was a teenager," Rodriguez said, it absolutely was bad enough. Now it's even worse."Shaw agreed."(Kids are) bombarded and one with the scary things is some of that anti-obesity message kids are getting in schools sometimes can backfire," she said. "Very healthy kids could become very paranoid about eating fattening foods."Shaw also suggested parents try to find warning signs from their children, such as disruptions in their normal personality like withdrawn, anxious or depressed behaviors.Shaw added secretive behavior, for example disappearing after a meal to look at a shower, are also warning flag. Some children make use of this ruse, she said, to mask their purging.Shaw said parents should be watching if their young children cut out major food groups or exercise excessively. If parents notice behaviors such as these, Shaw said, parents will start by having the child's doctor talk about the importance of eating from all the food groups, however, if it's more serious, she suggested the kid may need to be hospitalized. For further from Parenting.com on tweens and anorexia, click here. ugg boots knitted
A number of entertainers were named in association with an Albany-based steroid investigation, but are not part of an ongoing criminal probe, according to a published report.Citing unnamed sources, the periods Union of Albany reported on Sunday that R&B music star Mary J. Blige, rap musicians 50 Cent, Timbaland and Wyclef Jean, and award-winning author and producer Tyler Perry could possibly have received or used performance enhancing drugs.Albany District Attorney P. David Soares launched an Albany-based investigation into steroid trafficking this past year. Law enforcement officials have said evidence does not indicate that the celebrities broke any law. Officials are concentrating on the doctors, pharmacists and clinics that offer the drugs.Ken Sunshine, a spokesman for Tyler Perry declined comment. Calls to representatives for the musicians were not immediately returned Sunday.Soares has declined to reply to or confirm the identities with the stars mentioned in the report. His multi-state investigation has devoted to Signature Pharmacy of Orlando, Fla. Thus far 10 defendants have pleaded guilty and several professional athletes have already been linked to the probe in news reports.Soares states Signature was at the midst of a web of businesses and doctors that illegally wrote prescriptions for steroids. The investigation gained national attention almost a year ago when authorities raided Signature. The business's owners and the pharmacy's operators are awaiting trial in Albany on related charges.Records distributed to the Times Union and details from several cooperating witnesses on New york indicate the celebrities received prescribed hgh growth hormone or steroids. In some instances aliases were used for their delivery.For instance, the paper claimed that between 2006 and January 2007, Blige allegedly received multiple shipments of Jentropin (a person growth hormone) and Oxandrolone (an anabolic steroid) from the Orlando pharmacy. One or more order was sent to a "Marlo Stanfield," which is the name of a drug kingpin around the HBO TV show "The Wire." As a result of the article, a spokeswoman for Blige told the modern York Daily News that the singer "has never taken any performance-enhancing illegal steroids." The days Union also reported that 50 Cent, a.k.a. Curtis James Jackson III, allegedly received shipments of steroids provided for his residences in Connecticut and La, and to a Long Island chiropractor's office, under his real name and under the name "Michael Jordan." This article comes on the heels of Former Sen. George Mitchell's report last month on performance-enhancing drugs in baseball.That relate said former Mets clubhouse attendant Kirk Radomski provided steroids and hgh linked to several prominent players, including Roger Clemens, Paul Lo Duca, Mo Vaughn, Lenny Dykstra and Andy Pettitte. Radomski pleaded guilty this past year to charges he dealt steroids to players for a decade.Hearings will begin this month in Congress about the Mitchell report.Sen. Charles Schumer, D-N.Y., introduced legislation that could make possession of hgh illegal without a current, valid prescription. ugg canada
A senior White House official says staffers accompanying President Bush to China have been told to leave their BlackBerries in the home, reports CBS News White House correspondent Peter Maer. The mobile e-mail blackout could be the latest sign of U.S. concerns over Chinese cyber-spying. Sensitive presidential communications will almost always be encrypted, but government cyber-security experts are worried about electronic eavesdropping around the BlackBerries, which are difficult to protect from snooping.BlackBerries happen to be banned on other presidential foreign trips however the order underscores specific concerns about Chinese spying in the Olympics, reports Maer.Sen. Sam Brownback, R-Kan., warned a week ago that foreign-owned hotels in China face the prospect of "severe retaliation" if they refuse to install government software that can spy on Internet use by hotel guests coming to watch the summer Olympic games.Brownback produced a translated type of a document from China's Public Security Bureau that requires hotels to use the monitoring equipment.Mr. Bush embarks Monday on his last venture as president to the Far East, a trip built round the Olympic Games in Beijing. Obama will stop en route at an Alaskan Air Force base to speak with military personnel and obtain his plane refueled, then fly through the night to South Korea.His enthusiastic plans to attend the Olympics are supposed to pay respect towards the Chinese people in their moment of glory. Yet as hard as Mr. Bush attempts to define the games only poor sports, there is no escaping the politics of the world event kept in a police state.China, attempting to ensure the event is clean of controversy, merely has intensified its repression of political dissent, religious expression and press coverage. Mr. Bush says the guy can and will candidly raise concerns about China's human rights record to President Hu Jintao.Prior to the sports spectacle, President Bush's agenda in Asia soon is front-loaded with trouble for the continent: nuclear worries, political repression, recovery from natural disaster. Because of the long travel and time differences, Mr. Bush begins his agenda in earnest on Wednesday in Seoul, The philipines.The country is a key partner within the six-country coalition striving to rid North Korea of its nuclear weapons. Progress has been stop and start because the world watches to see whether North Korea arrive to terms on allowing its nuclear dismantling to become verified.The timing in the president's visit to Seoul is a bit better than just a few weeks ago. Public unrest over U.S. beef imports has receded, and also the U.S. has reversed course on the decision that angered South Korea regarding some disputed islands between Japan and The philipines.In Thailand, where a coalition government is enduring rocky times, Bush will disclose his vision for the U.S. presence within the Far East after he leaves office. He can also meet with activists who oppose the repression of the military junta in neighboring Myanmar.That country, also called Burma, sustained a cyclone in May that killed roughly 80,000 people and place more than 2 million individuals need of aid. Mr. Bush will likely be briefed on recovery efforts during his Thailand visit.The president caps his trip with four days in Beijing, mixing within a dash of diplomacy with plenty unstructured time to watch Olympic sports entertainment. Mr. Bush is going to be joined by members of his family, including his dad, an old president who once served just as one envoy to China. grey ugg boots classic short
This column was written by Deroy Murdock. In the Vatican to the Pentagon, goodwill gestures agreed to the Muslim world all too often blow up in the West's collective face. The nicer were to them, the harsher they are to us.The olive branch Pope Benedict XVI extended to Muslims is obscured by the smoke that has billowed since his address at Bavaria's Regensburg University. The pope cited a conversation between "an educated Persian" and the 14th-century Byzantine emperor, Manuel II Paleologus. They discussed, the pope said Sept. 7, "the subject of Christianity and Islam, and also the truth of both." When the rope quoted Paleologus who said: "Show me exactly what Mohammed brought that was new, there you will find things only evil and inhuman, like his command to spread by the sword the faith he preached."The pope described this comment's "startling brusqueness" and later recommended a "genuine dialogue of cultures and religions so urgently needed today." He added: "we invite our partners" into such discourse.The pope's call for Christian and Islamic interchange ignited events of Muslim rage. Demonstrators working in london waved placards that read "Islam will conquer Rome" and "Jesus may be the slave of Allah." "You infidels and despots," the Mujahedeen Shura Council warned in the online communiqu??, "we will continue our jihad and never stop until God avails us to slice your necks."Muslim hotheads torched seven churches in the western world Bank and Gaza Strip. Likely infuriated by the pope's speech, two gunmen in Mogadishu, Somalia, fatally shot Sister Leonella Sgorbati, 65, 4 times in her back. Additionally, they killed a bodyguard on the children's hospital the place that the Catholic nun worked.Oh, well. A lot for dialogue.The united kingdom has shown great sensitivity toward Muslims, some 1.6 000 0000 of whom live there in peace; in which serve in Parliament. Following a Muslim employee complained, municipal workers in Dudley informed to remove pig-related items from their desks, including one worker's tissue box decorated with Winnie the Pooh and Piglet. As Mark Steyn explained last spring, local councilor Mahbubur Rahman endorsed the ban on objects festooned with pigs, which Muslims consider unclean. "It is a good thing," Rahman said. "It is often a tolerance and acceptance of their beliefs and understanding."The British National Health Service recently unveiled a veil it calls "the Inter-faith Gown." This is, essentially, an institutional-green burqa which devout Muslim women can cover themselves from top in public hospitals. To date, such political correctness did not cool the ire of radical Muslims. British police on Sept. 2 arrested 14 men reportedly connected with a suspected terror-training camp that operated beyond an Islamic school in Sussex. Scotland Yard and MI5 recently arrested other Muslim zealots who allegedly plotted to blow up Big Ben, Buckingham Palace, and U.S.-bound passenger jets.U.S. officials offered an olive branch of sorts to 190 top Taliban fighters last July. An unmanned Predator drone spotted them in Afghanistan, lined up virtually in formation. Considering this golden opportunity to liquidate nearly 10 score of America's most bloodthirsty enemies, U.S. military commanders balked. The Taliban members were at the funeral, and Pentagon rules of engagement prevent attacks in cemeteries. So the Taliban forces casually dispersed. Military officials mulberry london
This story was written by Nicole Noble, The George Street Observer When Mayor Rudy Giuliani (R-N.Y.) stopped in Charleston, S.C., Friday, Oct. 12, he brought a comment, and a supporter, along to his afternoon appearance at the Double Tree Inn at 181 Church St.Former Wisconsin Gov. Tommy Thompson, who dropped out of your presidential race earlier this year, announced his endorsement of Giuliani. He was promptly answered by the chant, "Rudy, Rudy" through the standing crowd."I need a candidate that's going to be able to stand up and be able to win the Republican primary and accept Hillary Clinton and win," Thompson said. "Who will i want to appoint federal judges?"Thompson's answer, of course, was Giuliani, however some individuals the press questioned Giuliani's capacity to select dependable personnel.Giuliani's former commissioner is currently in a battle against a criminal indictment for tax fraud along with other crimes, including bribery."I developed a mistake," Giuliani said. "I should have checked his background more carefully."However, Giuliani said this "mistake" wasn't a reflection of his entire political career."I have to have been looking mostly carefully," Giuliani said, regarding what he stated were his accomplishments as governor of latest York. The accomplishments included reducing crime and handling the situation after 9/11.But Giuliani did not just talk about his achievements. He and Thompson repeatedly offered everyone else the ultimatum "Rudy Giuliani or Hillary Clinton?" In reality, the two seem to expect Clinton to win the Democratic nomination and did not mention any other Democratic candidates.Thompson even said this expectation was a reason for his endorsement.Thompson, however, may disagree with moderate Republican Giuliani on certain issues. Abortion, a hot topic nationally, was also a hot question directed toward Thompson on the speech. Thompson paused before explaining the result of this on his decision to endorse Giuliani."I feel completely content with my selection," Thompson said. "You're never going to find a candidate that will follow you 100 percent."Giuliani is content with Thompson's selection at the same time. "His endorsement means a great deal politically," he said.Thompson and Giuliani added that it must be important for them to pay attention to South Carolina."South Carolina is key if you'd like Rudy Giuliani to be president," Thompson said.Giuliani said he wished the rumors of Gov. Mark Sanford's (R-S.C.) support of his campaign were true."I think complete thing . Gov. Sanford's support, but he hasn't decided," Giuliani said.Giuliani also highlighted his platform."This isn't a campaign to come in second or third," he stated. "It's a campaign to win."Giuliani's "campaign to win", he was quoted saying, includes welfare reform and maintaining a strong military. Although Giuliani would not remark on the information his platform concerning the war in Iraq, based on the Web site www.joinrudy2008.com, he does not favor setting timetables to pull out of Iraq, while he believes the opposition make use of a timetable to their personal advantage.Giuliani disagrees with a lot of Republican politicians, such as Thompson, regarding abortion rights. Giuliani does not support partial birth abortions unless your life is at stake, in accordance with the Web site, but he doesn't plan to ban abortion all together. Instead, the Web site states that Giuliani encourages adoption in hopes of deterring women from owning an abortion.Giuliani is a Roman Catholic. Under Catholic doctrine, abortion is forbidden under any circumstances.Another prominent topic in national debate today may be the definition of and the rights tat accompany marriage. Based on the Web site, Giuliani believes the definition of marriage is just that between a man along with a woman. However, he supports domestic partnerships, as he "believes in equal rights under law for all those Americans."Although Giuliani ranks high inside the polls for now, there exists room for the numbers to shift more detailed the primaries. "This story appears courtesy of UWIRE, a news service powered by student journalists at a lot more than 800 universities. To find out more, visit UWIRE.com." © 2007 The George Street Observer via U-WIRE asos ugg boots
The director says it is all about death. The screenwriter disapproves, it's really a funny movie, not only a dark one.Filmgoers can decide who's as soon as the movie version of "A Prairie Home Companion," directed by Robert Altman, opens Friday.Paul Dergarabedian, president of box-office tracker Exhibitor Relations, said "Prairie Home" really should have two built-in audience: fans of Garrison Keillor's show, which attracts 4 million listeners weekly on more than 580 public the air, and fans of Altman's directing.Having teen queen Lindsay Lohan within the movie is an interesting twist, Dergarabedian said."Generally speaking, this is not a movie that is going to appeal to younger moviegoers," he explained."A Prairie Home Companion" combines the cozy-as-a-goose-down-comforter yet sometimes-barbed humor of Keillor's long-running radio show with Altman's penchant for rule-breaking cinema.Altman's movie paints a bleak picture from the radio industry, with Keillor starring because announcer of a folksy musical variety show — similar to his own and with the same name — planning to be shut down by new corporate owners."This film is approximately death," the 81-year-old Altman said in a news conference also attended by Keillor and lots of of the movie's stars at the "Prairie Home" world premiere May 3 in St. Paul, Minn. (Like other Altman films, "Prairie Home" features an ensemble cast, now including Meryl Streep, Lily Tomlin, Virginia Madsen, Kevin Kline, Woody Harrelson, John C. Reilly, Tommy Lee Jones and Maya Rudolph.)Keillor, who wrote the screenplay, disagreed with Altman on the movie's tone."I do not think it's a dark film. It's really a very funny film," Keillor told The Associated Press.Lohan's character — a mopey teenager wearing torn jeans — may write poems about suicide, however they are funny and clich??d, Keillor said. "But then when a character (in the movie) actually dies, she's really moved by it, and she's gone to live in tears — real tears — and 'why shall we be held not talking about this on air?'" he said.Even that character's death is comic, Keillor said. The existing man, stripped down to boxers with raspberries in it, expires in his dressing room while awaiting his lover as the Mills Brothers use the stereo."If you possessed to die, which many people will have to, you wouldn't mind dying in those circumstances, with your heart full of hope," Keillor said.Of his or her own performance, Keillor says he was "OK" in a single scene, chewing an apple while speaking to Madsen, who plays a luminescent, blond Angel of Death within a white trench coat."And I believe I do well chewing an apple. I do not think I walk on and off stage all that well," Keillor said.Famously shy, Keillor said his goal in the movie was to not appear awkward."That was my mantra throughout the whole shoot. Be appropriate. Don't act. Avoid being caught trying to act. Just follow your route. Walk came from here to there. Say your lines. And simply hope to God this is simply not too painful or embarrassing in the long run," he said.Utilizing pros such as Streep made that easier, Keillor said."You're standing close to one of the great actresses of moviedom, who's with the peak of her power. Which means you know where the audience will probably be looking. They're not going to be looking at the tall, dour man standing next to her who might be her limo driver or her accountant. They will be looking at Miss Streep," Keillor said.Shot in only five weeks last summer for about $10 million, "A Prairie Home Companion" explores every nook and cranny from the Fitzgerald Theater, the longtime home of Keillor's show in downtown St. Paul."Prairie Home" fans will find much to enjoy from the movie. While Keillor doesn't deliver his usual "News from Lake Wobegon" monologue and his awesome make-believe home of Lake Wobegon is rarely mentioned, the movie does feature commercials for fake sponsors Powdermilk Biscuits as well as the American Duct Tape Council. Kline steals scenes because the tough-talking radio private eye Guy Noir, who's now accountable for the show's security.There also is plenty of music from such performers because the Guy's All-Star Shoe Band, Robin and Linda Williams, and Jearlyn Steele. Harrelson and Reilly use a bawdy turn as singing cowboys Dusty and Lefty on "Bad Jokes," and Lohan belts out "Frankie and Johnny."By Jeff Baenen mulberry hand bag
NEW YORK (MarketWatch) -- U.S. stocks rebounded Tuesday from the prior session's decline as a $7.5 billion capital infusion for Citigroup Inc. offered some respite to the embattled financial sector."The main thing occurring is we have a deeply oversold market, and that we did have some help, mainly that Citigroup had a major cash influx from Abu Dhabi which simply made people feel good about the financial group as a whole," said Al Goldman, chief market strategist with a.G. Edwards.The Dow Jones Industrial Average rose 215 points, or 1.7%, to get rid of at 12,958.4, effortlessly but two of its 30 components ending higher.Citigroup was on the list of Dow's advancing stocks, ending up 1.7%.The banking giant asserted it has drawn a $7.5 billion injection from the Abu Dhabi Investment Authority. The money infusion comes as Citigroup weighs cutting more jobs and writing down the value of debt securities on its balance sheet. .On Monday, the Dow fell 240 points, bringing the blue-chip index, along with the S&P 500 Index, down 10% from recent October highs."<Monday> was obviously a crescendo on the downside, and in all probability marks at least a short-term bottom," according to Goldman."If the S&P 500 trades through 1,400, just seven points south of where the New York session closed, market sentiment probably will turn particularly negative," said analysts at Deutsche Bank. , that scenario wasn't in the cards, using the broader market gaining combined with the blue chips.The S&P 500 gained 21.01 points, or 1.5%, to 1,428.23, while the technology-laden Nasdaq Composite Index climbed 39.81 points, or 1.6%, to 2,580.80.Upgrades of three major oil companies by a Bear Stearns analyst did not provide an immediate lift on their shares, with BP PLC recently off 0.3%, Chevron Corp. off 0.9% and Marathon Oil Corp. down 0.8%. .About the New York Stock Exchange, volume topped 1.6 billion shares, and advancing stocks outran those declining 2 to at least one. On the Nasdaq, 2.1 billion shares exchanged hands, with advancing stocks beating decliners roughly 4 to a few.On the New York Mercantile Exchange, crude futures dropped sharply to close down $3.28 at $94.42 a barrel. .Elsewhere about the Nymex, gold futures sank nearly 2%, using the contract for December delivery off $12.50 to end at $814 an ounce. . Not too confidentThe Conference Board reported U.S. consumer confidence fell in November to 87.3 from 95.2, well under the 90.2 expected by economists. "It now appears that this confidence declines in the current bout of soaring gasoline prices and falling share values, and the associated barrage of negative news in the credit markets, is just like that seen with Hurricane Katrina and the start of the war in Iraq," commented analysts at Action Economics. U.S. house values fell in every region of the us in September, in line with the national Case-Shiller price index released by Standard & Poor's. The research found prices fell 4.5% nationally world food prices year. .Economists at Goldman Sachs now expect the government Reserve to cut interest levels to 3% by mid-2008, down by reviewing the earlier forecast of 4%, saying that the worsening housing downturn has pushed the chance of a U.S. recession next season to 40% to 45% from around 30% previously.In a speech at the University of Rochester, Philadelphia Fed President Charles Plosser strongly recommended that he is opposed to an additional rate cut on the next policy meeting on Dec. 11. "Arbitrarily lowering rates of interest or providing liquidity towards the market does not supply the answers the market seeks," Plosser said. .Active issuesShares of Staples Inc. jumped 9.9% following your office-supplies retailer reported a 5.3% decline in third-quarter profit, with the results exceeding analysts' estimates. .Activision Inc. shares also gained, recently up 12.9%, as soon as the video-game publisher rised its fiscal third-quarter forecasts. Treasurys sold off as investors curtailed safe-haven investments, with all the benchmark 10-year note off 28/32 at 102 15/32, its yield climbing to 3.076%. .The dollar shrugged off downbeat data to rally in addition to U.S. stocks, with all the greenback recently changing hands at 108.63 yen, up from 107.41 yen in U.S. trading late Monday. .Overseas, Asian stocks ended mixed while investors avoided European companies understanding of consumer spending. and .By Kate Gibson cheap mulberry handbags
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