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Wednesday, November 30, 2011
Tuesday, November 29, 2011
3DS system update pushed back to December 8th, Nintendo confirms
November is just about over and 3DS users are still without that firmware update announced last month. They needn't worry, though, because Nintendo says it's on the way. In a statement posted to its site yesterday, the company confirmed that the refresh "is in the final stages of internal testing," and that it will be released by December 8th -- not the end of November, as previously indicated. When it finally hits, users will be able to record 3D video, access new StreetPass games, and transfer data across their 3DS systems. These all sound like good things, but they'll only come to those who wait.
3DS system update pushed back to December 8th, Nintendo confirms originally appeared on Engadget on Tue, 29 Nov 2011 03:26:00 EDT. Please see our terms for use of feeds.
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In 2012 race, GOP candidates rely less on fill-ins (AP)
MANCHESTER, N.H. ? At Mitt Romney's New Hampshire headquarters, New Jersey Gov. Chris Christie played a time-worn shtick for the cameras, picking up a telephone alongside volunteers who were dialing undecided voters on behalf of the candidate they support.
Christie actually called Romney and the two chatted about an upcoming debate.
"Be yourself," Christie advised, as he accomplished what he needed to while a dozen reporters watched: He generated positive media attention for a candidate who was elsewhere at the time.
When they can't be in New Hampshire, Iowa and other early voting states, presidential hopefuls traditionally have sent others in their stead.
But this campaign season, surrogates such as Christie have been scarce, in large part because the field of candidates was so slow to develop. Christie, for example, thought of jumping in until October.
"In the past, you would have had full campaign staffs for all the candidates six to eight months out at least, and some campaigns here are still just starting to put boots on the ground," said South Carolina political consultant Luke Byars.
He said aside from the candidates' wives and adult children, no stand-ins have spoken in his state, though he expects activity will pick up.
In Iowa, Rick Perry's wife, Anita, has campaigned and one of Romney's sons, Josh, filled in for his father this month at a GOP event in Des Moines. In 2008, Romney's five sons traveled the country in a Winnebago.
New Hampshire has seen a bit more activity beyond politicians' family members. In addition to Christie making pitches for Romney, former Homeland Security Secretary and Pennsylvania Gov. Tom Ridge has campaigned for Jon Huntsman. But otherwise traffic has been light.
Tom Rath, a veteran New Hampshire political operative who has advised Romney's presidential campaigns in 2008 and this year, said surrogates are of limited use in states where voters are accustomed to close encounters with the candidates.
"Frankly, New Hampshire doesn't take kindly to surrogates. We like the candidate," he said.
He does consider Christie the ideal type of surrogate, someone who can bring independent validation of a candidate's message and explain clearly how he came to his endorsement.
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Monday, November 28, 2011
India urges action against Mumbai attack planners (AP)
NEW DELHI ? India has urged Pakistan to take strong action against the planners of the Mumbai terror attack that killed more than 160 people three years ago.
External Affairs Minister S. M. Krishna said Saturday that India is waiting for Pakistan to act decisively after New Delhi sent evidence to Islamabad on the alleged planners, who are living in Pakistan.
Saturday was the third anniversary of the attack that saw 10 gunmen lay siege to Mumbai, India's financial hub, killing 166 people.
Nine of the 10 gunmen were killed in the attack, which was blamed on Lashkar-e-Taiba, a Pakistan-based militant organization. The gunman who survived is in jail in Mumbai.
India has maintained that Pakistani intelligence helped plan the attack and that Pakistan has not done enough to crack down on those behind it.
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Sunday, November 27, 2011
Europe bond yields to keep stocks spellbound (Reuters)
NEW YORK (Reuters) ? U.S. investors came to the Thanksgiving holiday table on Thursday mostly thankful that the week was a short one, or losses could have been larger.
As another round of news and bond auctions from Europe begins next week, traders will watch closely sovereign bond yields that have kept markets on edge.
Yields rose in almost every euro-zone country this week, and Germany failed to find enough bids for a 10-year auction. The S&P 500 reacted by posting a second straight week of declines and its worst week in two months.
Politicians are scrambling to find a way out of a two-year-old sovereign debt crisis in the euro zone and a visit to Washington from top European Union officials, as well as a meeting of euro-zone finance ministers, will provide the market with headlines and possibly add to uncertainty.
With the specter of rising yields, France, Britain, Italy, Belgium and Spain are holding debt sales next week. The direction of bond yields will determine the direction of equity markets.
"Politicians are trying to buy themselves time so austerity measures kick in and impact budgets and deficits and markets become more forgiving and rates come down," said Wasif Latif, vice president of equity investments at the San Antonio, Texas-based USAA Investment Management, which manages about $45 billion.
"The credit market and fixed income are a little bit more in the eye of storm; that's where the issue is rising, so equities are more reactionary," he said. "You may continue to see more of the same."
Investors have worried about rising borrowing costs in many euro-zone nations, but Italy, the third-largest euro zone economy, has grabbed most of the focus. On Friday Rome paid a record 6.5 percent to borrow for six months and almost 8 percent to issue two-year zero coupon bonds.
Many market participants have said that the sharply differentiated risk-on and -off trades that the euro zone crisis has generated has seen equities being sold as an asset class, with little or no difference between strong and week balance sheets and earnings reports. But a wedge has opened at least from a global perspective, as data show stocks of companies with more exposure to Europe are underperforming.
POLITICS TO DRIVE THE WEEK
President Barack Obama will meet on Monday with European Council President Herman van Rompuy and European Commission President Jose Manuel Barroso, and Europe's response to the two-year sovereign debt crisis is expected to top the agenda.
"The only thing that will come out of that is speculation," said Todd Salamone, vice president of research at Schaeffer's Investment Research in Cincinnati, referring to the meeting in Washington.
"It will come down to the U.S. trying to convince European leaders to get something in place to solve this crisis."
Not many hopes are set either on Tuesday's meeting where euro-zone finance ministers are expected to agree on how to further strengthen the region's bailout fund.
On Thursday, European Central Bank President Mario Draghi presents the bank's annual report to the European parliament.
As the latest reminder from markets to politicians that they are running out of time, Belgium's credit rating was downgraded by Standard & Poor's.
IF EUROPE ALLOWS, DATA WILL BE KEY
Some of the most important U.S. economic monthly data will be released next week, but will it be enough to unlink the stock market's behavior and European yields.
New home sales and the S&P/Case-Shiller home prices index will start the week showing if the housing market continues on life support. Data on confidence among consumers, who flooded U.S. stores on Friday as the holiday shopping season started, will be released on Tuesday.
The Institute for Supply Management's manufacturing report is due, with investors not only looking at the U.S. number on Wednesday but also factory readings from Europe and China on Thursday.
By midweek labor data takes over with the private sector employment report from ADP and Challenger's job cuts report, followed Thursday by the weekly jobless claims numbers and topped by Friday's monthly non-farm payrolls report.
"It would be a little bit refreshing to focus on the U.S. data for a change," said Brian Lazorishak, senior quantitative analyst and portfolio manager at Chase Investment Counsel in Charlottesville, Virginia.
He said if European headlines allow it, the focus will be in the labor market where "most people are looking for modest improvement."
(Reporting by Rodrigo Campos; additional reporting by Edward Krudy; Editing by Kenneth Barry)
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