Euro zone surveys to offer hope as Japan eases

LONDON (Reuters) - The prospect of stronger European manufacturing surveys and decisive monetary easing in Japan this week ought to bolster confidence that the global economy can look forward to better days.

It is definitely not yet time to break open the champagne.

The index derived from polls of purchasing managers across the euro zone, though recovering, is likely to remain well below the 50 threshold that signals expansion.

If the Bank of Japan bows to political pressure and relaxes policy more boldly, it is because the country's noxious cocktail of a huge debt burden, deflation and dwindling external surpluses threatens an eventual fiscal crunch.

And an expected contraction in Britain's economy when fourth-quarter figures are released on Friday will be a reminder, as was Germany's grim end to 2013, that Europe has to dig itself out of a deep hole.

"The real hard economic data are still very negative," said Bert Colijn, an economist in Brussels with the Conference Board, a business research group. "There are improvements, but it still doesn't look that bright."

However, he said the economic news from the euro zone rim was not quite as troubling, and the mood was brightening among the core countries of the single currency area.

Lena Komileva, managing director of G+ Economics, a London consultancy, said it was hard to argue against investors' new-found appetite for riskier assets given that the volatility of equity prices was approaching historical lows and yields on corporate bonds had fallen sharply.

"Financial stress indicators signal a significant improvement in the health of the global economy," she said.

Friday's solid fourth-quarter economic data from China reinforced that view.

PURCHASERS' PROGRESS

Economists polled by Reuters expect an uptick in Thursday's advance purchasing managers' indexes for France and Germany as well as for the euro zone as a whole.

Germany's IFO business confidence survey on Friday is also projected to have risen for the third month in a row.

"The fact that business confidence measures are coming in more positive is a good sign," Colijn commented.

Commerzbank said its leading indicator for the German economy reached an all-time high in December after the European Central Bank's pledge to buy the bonds of troubled economies eased fears of a break-up of the euro.

"We assume that increasingly more companies are gaining confidence and viewing business prospects more positively," said Commerzbank economist Ralph Solveen.

BNP Paribas is also bullish on Germany and is looking for a marked pick-up in growth.

In addition to the ECB's safety net, the global manufacturing cycle is pointing up, while a strong labor market and easy financial conditions are supporting consumption, economists Evelyn Herrmann and Ken Wattret said in a report.

"Moreover, should the global economy surpass expectations and euro zone market stress ease further, upside surprises would be likely to follow. A key issue in this respect would be higher export growth and confidence triggering a stronger rebound in investment," they said.

That is exactly what Japan would like to see, too.

To that end, the government of new Prime Minister Shinzo Abe and the Bank of Japan have agreed to set 2 percent inflation as a new target, supplanting a softer 1 percent ‘goal', according to sources familiar with the central bank's thinking.

They said the BOJ, which meets on Monday and Tuesday, will also consider making an open-ended commitment to buy assets until the target is in sight.

FOR AND AGAINST EASING

Credit Suisse's global equity strategists said an easier monetary policy is justified to cushion the significant fiscal tightening on which Japan will have to embark before long to whittle down a government debt that has reached some 220 percent of national income.

This task is all the more pressing because Japan is moving towards a current account deficit, which will make it more reliant on foreign investors to finance its budget shortfall, Credit Suisse argued.

Trade figures on Thursday will underline the deterioration in Japan's external accounts, with economists polled by Reuters forecasting the sixth consecutive monthly deficit.

Nomura reckons the deficit for all of 2012 widened to 6.6 trillion yen ($73.4 billion) from 2.7 trillion in 2011.

Japanese equities have surged in anticipation of a more aggressive monetary policy stance, but not everyone is happy.

The accompanying slump in the yen has prompted Russia's deputy central bank governor to warn of a new round of ‘currency wars' and the medium-term risk of running ultra-loose monetary policies is likely to be a theme of the World Economic Forum in Davos, which opens on Wednesday.

"I'm pretty worried about the new policies of Japan's newly elected government," German Finance Minister Wolfgang Schaeuble said last week. "When you think of the surplus of liquidity on global financial markets, it is fuelled further by a wrong understanding of central bank policy.

(Editing by Susan Fenton)

Read More..

Russia Underworld Gathers for Aslan Usoyan’s Burial

Andrey Smirnov/Agence France-Presse — Getty Images

People lay flowers on the grave of Aslan Usoyan at a cemetery just outside the Moscow city limits on Sunday.

MOSCOW — Aslan Usoyan, a Russian underworld boss who was killed by a sniper on Wednesday as he walked out of a restaurant in downtown Moscow, was buried in a snowy plot of land under a wooden cross on Sunday in a cemetery just beyond the Moscow city limits.

The scene at Khovanskoye Cemetery — where black-clad toughs formed a procession in their Mercedes Geländewagens, and security officers told journalists to avoid the area for their own safety — was a modest one for a mobster of Mr. Usoyan’s status, perhaps in part because of the government’s efforts to avoid the pageantry that has unfolded around the funerals of Russian mob bosses in the past.

Mr. Usoyan, a Kurd born in 1937 in Tbilisi, Georgia, rose through the ranks of the Vory v Zakone, or Thieves-in-Law, a shadowy criminal organization that emerged in the Soviet prisons, to become boss of the Moscow underworld. Mr. Usoyan survived four stints in prison, the gang wars of the 1990s and two assassination attempts, including one in 2010.

Many of Mr. Usoyan’s contemporaries are interred at the best cemeteries in Moscow and St. Petersburg, but Mr. Usoyan’s relatives wanted him to be laid to rest in his birthplace. But a plane carrying Mr. Usoyan’s body was reportedly turned away from Georgia, fueling rumors that the country had refused to allow Mr. Usoyan to be buried there. (Membership in Thieves-in-Law carries a criminal sentence of more than five years in Georgia.) And then all the cemeteries inside the Moscow beltway turned away his relatives as they sought a burial place.

On Friday, they traveled with his body to Donetsk, Ukraine, and had left for Georgia to bury him before dusk on Saturday when a Tbilisi airport denied landing rights to the plane carrying the coffin, a member of Mr. Usoyan’s family told Georgian television. The plane returned to Donetsk.

Back in Moscow, people within the mayor’s office told the news agency Interfax that “there would be no discussion” of a burial plot within the city limits.

Mr. Usoyan’s family eventually settled on a plot south of the city, where several hundred mourners, many of whom appeared to be from the Caucasus like Mr. Usoyan, arrived to pay their respects on Sunday.

It was a far cry from the 2009 funeral for the kingpin Vyacheslav K. Ivankov, better known as Yaponchik, who was shot to death in Moscow outside of a Thai restaurant.

He was buried at the Vagankovo Cemetery, several miles from the Kremlin, where some of Russia’s most celebrated artists, like the poet Sergei Yesenin and the folk singer Vladimir Vysotsky, are interred. Hundreds of rough-looking men carrying wreaths with inscriptions like “Forgive us, we could not protect you” gathered to see Mr. Ivankov buried in a coffin that was rumored to be equipped with an air-conditioner.

Russian mobsters are partial to ornate graves, and even in smaller cities like Yekaterinburg the burial markers show them wearing designer suits, casually smoking cigarettes or standing with their favorite BMW.

Mr. Usoyan, by contrast, was buried under a relatively simple Russian Orthodox cross.

On a bed of roses in front of the grave, mourners placed a black-and-white photograph of Mr. Usoyan wearing a pinstriped suit, and dozens of wreaths carrying inscriptions to “Grandpa Hassan,” Mr. Usoyan’s nickname, were stacked nearby.

Sergei Kanev, a crime reporter for Novaya Gazeta, said that the authorities had barred Mr. Usoyan’s relatives from burying his body in Moscow, to avoid what he called a “bandit spectacle,” like the one at Mr. Ivankov’s funeral.

“The government tried to do everything it could this time to avoid the sense that this is a country of thieves,” Mr. Kanev said in a telephone interview. “They could not have him buried as a hero.”

Mr. Usoyan was generally recognized as Russia’s most powerful crime boss, the successor to Mr. Ivankov. The police have not named any suspects in his killing.

Read More..

Google CEO Page on Apple’s ‘thermonuclear’ Android war: ‘How well is that working?’

Google (GOOG) CEO Larry Page seems unimpressed by Apple’s (AAPL) “thermonuclear war” against his company’s operating system. In an interview with Wired posted Thursday, Page was asked to respond to reports about the late Steve Jobs being “competitive enough to claim that he was willing to ‘go to thermonuclear war’ on Android.” Page responded with one sentence: “How well is that working?” Wired followed up by asking Page whether he though that “Android’s huge lead in market share is decisive” in the battle between the companies and Page only responded that “Android has been very successful, and we’re very excited about it.”

[More from BGR: Cable companies called ‘monopolies that stifle competition and innovation’]

While Apple’s strategy of suing Android vendors has had some notable successes for the company — particularly this past summer when it won a $ 1 billion patent verdict against rival Samsung (005930) — it still hasn’t stopped Android’s rise in both the smartphone and tablet markets, and devices such as the Galaxy S III and the Nexus 7 have proven to be among the most popular released over the past year. So when Page dismisses the significance of Apple’s legal war against Android, he’s got a good point: Some high-profile Apple victories have done very little to hurt consumer interest in Google’s open-source mobile OS so far.

This article was originally published on BGR.com

Linux/Open Source News Headlines – Yahoo! News

Read More..

Five Things to Know About The Lumineers

By Marisa Laudadio

01/19/2013 at 06:00 PM EST

From left: Wesley Schultz, Neyla Pekarek and Jeremiah Fraites

Alan Poizner/PictureGroup

You already know their hit song "Ho Hey" with its catchy shout-it-out chant that sticks in your head – but what's behind Denver-based band The Lumineers' cool blend of indie rock and Americana?

Here are five things to know about the trio – Wesley Schultz (lead vocals, guitar), 30; Jeremiah Fraites (guitar), 27; and Neyla Pekarek (cello, piano), 26 – who are up for two Grammys (best new artist and best Americana album) and are also performing on Saturday Night Live this week alongside host Jennifer Lawrence.

1. Most people think that 'Ho Hey' – which reached No. 1 on three different charts – is about a romantic relationship, but that's not the whole story.
"The essence of the song was that I was really struggling to make ends meet in the big city when I was living in Brooklyn and working in New York. It was a myth, this idea that you'd go there and get discovered and it would be this great place for music," explains Schultz, who, like Fraites, hails from New Jersey and moved to Denver in recent years, where they met Pekarek.

"It's about a lost love in some ways, but it's also a lost dream. It's funny that a lot of people play it at their weddings because it was written from a different place. But it's kind of a beautiful thing, actually, that people can take something I was feeling really, really down about and turn it into a message of hope."

2. They've only recently been able to quit their day jobs.
"I was working as a busser, a bartender, a barista, a guitar teacher, caterer – a lot of service industry jobs, because it allows you to get away and tour if you need to or take a night off to play," explains Schultz.

"Jer was bussing tables right along beside me. And Neyla was a hostess and a substitute teacher. She'd been offered a full-time teaching position while we were in the midst of touring – and losing a lot of money – and she still stuck with it. Somehow she chose this over that, which is absurd, but we're glad she did!"

3. They named their hit song carefully.
Were they ever concerned people might call it "Hey Ho" in a derogatory way? "Yeah, at some point we laughed about it," says Schultz. "We specifically named it 'Ho Hey' instead of 'Hey Ho' [for that reason]. If people searched for it online, we'd rather it not be something that takes you in that direction."

Do they mind when people get the title wrong? "Oh no, that would be a little pretentious!" says Schultz with a chuckle. "It's kind of a silly name to begin with."

4. That's Schultz's mom on the cover of their debut, self-titled album.
"It's my mom, Judy, as a child, and her mother," he explains. "I'd asked my mom if she had any old photos that I could look through a while back, and I fell in love with it. You know if you set up a child for a picture then can't get out of the frame in time? My mom had a funny take on it: It's our first album, kind of our baby, like this child."

Schultz thanked his mom for all her years of emotional support with some heavy metal when their album went gold. "I had the plaque sent to my mom, because she'd been really supportive of us and believed in us when a lot of people were pretty concerned. And now she's got a platinum one!"

5. Their band name has more than one meaning.
While Schultz and Fraites have been playing music together for more than eight years (previous band names include Free Beer, 6Cheek, and Wesley Jeremiah), they've only been known as The Lumineers for the last four thanks to a mistake.

"We were playing a small club in Jersey City, N.J.," explains Schultz, "and there was a band out there at the time called Lumineers who were slotted for the same time, same day, the next week. The person running the show that night [mistakenly] announced us as The Lumineers."

The name stuck. "It doesn't mean anything literally. It's a made-up word," says Schultz. Another strange coincidence they learned? "It's also the name of a dental veneer company," he adds.

So how are Schultz's teeth? "I have a pretty good smile," he says with a big laugh. "I won 'Best Smile' in high school. It's a pretty big deal."

Read More..

Lilly drug chosen for Alzheimer's prevention study

Researchers have chosen an experimental drug by Eli Lilly & Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.

The drug, called solanezumab (sol-ah-NAYZ-uh-mab), is designed to bind to and help clear the sticky deposits that clog patients' brains.

Earlier studies found it did not help people with moderate to severe Alzheimer's but it showed some promise against milder disease. Researchers think it might work better if given before symptoms start.

"The hope is we can catch people before they decline," which can come 10 years or more after plaques first show up in the brain, said Dr. Reisa Sperling, director of the Alzheimer's center at Brigham and Women's Hospital in Boston.

She will help lead the new study, which will involve 1,000 people ages 70 to 85 whose brain scans show plaque buildup but who do not yet have any symptoms of dementia. They will get monthly infusions of solanezumab or a dummy drug for three years. The main goal will be slowing the rate of cognitive decline. The study will be done at 50 sites in the U.S. and possibly more in Canada, Australia and Europe, Sperling said.

In October, researchers said combined results from two studies of solanezumab suggested it might modestly slow mental decline, especially in patients with mild disease. Taken separately, the studies missed their main goals of significantly slowing the mind-robbing disease or improving activities of daily living.

Those results were not considered good enough to win the drug approval. So in December, Lilly said it would start another large study of it this year to try to confirm the hopeful results seen patients with mild disease. That is separate from the federal study Sperling will head.

About 35 million people worldwide have dementia, and Alzheimer's is the most common type. In the U.S., about 5 million have Alzheimer's. Current medicines such as Aricept and Namenda just temporarily ease symptoms. There is no known cure.

___

Online:

Alzheimer's info: http://www.alzheimers.gov

Alzheimer's Association: http://www.alz.org

___

Follow Marilynn Marchione's coverage at http://twitter.com/MMarchioneAP

Read More..

Wall Street Week Ahead: Earnings, money flows to push stocks higher

NEW YORK (Reuters) - With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal.

The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations.

Sector indexes in transportation <.djt>, banks <.bkx> and housing <.hgx> this week hit historic or multiyear highs as well.

Michael Yoshikami, chief executive at Destination Wealth Management in Walnut Creek, California, said the key earnings to watch for next week will come from cyclical companies. United Technologies reports on Wednesday while Honeywell is due to report Friday.

"Those kind of numbers will tell you the trajectory the economy is taking," Yoshikami said.

Major technology companies also report next week, but the bar for the sector has been lowered even further.

Chipmakers like Advanced Micro Devices , which is due Tuesday, are expected to underperform as PC sales shrink. AMD shares fell more than 10 percent Friday after disappointing results from its larger competitor, Intel . Still, a chipmaker sector index <.sox> posted its highest weekly close since last April.

Following a recent underperformance, an upside surprise from Apple on Wednesday could trigger a return to the stock from many investors who had abandoned ship.

Other major companies reporting next week include Google , IBM , Johnson & Johnson and DuPont on Tuesday, Microsoft and 3M on Thursday and Procter & Gamble on Friday.

CASH POURING IN, HOUSING DATA COULD HELP

Perhaps the strongest support for equities will come from the flow of cash from fixed income funds to stocks.

The recent piling into stock funds -- $11.3 billion in the past two weeks, the most since 2000 -- indicates a riskier approach to investing from retail investors looking for yield.

"From a yield perspective, a lot of stocks still yield a great deal of money and so it is very easy to see why money is pouring into the stock market," said Stephen Massocca, managing director at Wedbush Morgan in San Francisco.

"You are just not going to see people put a lot of money to work in a 10-year Treasury that yields 1.8 percent."

Housing stocks <.hgx>, already at a 5-1/2 year high, could get a further bump next week as investors eye data expected to support the market's perception that housing is the sluggish U.S. economy's bright spot.

Home resales are expected to have risen 0.6 percent in December, data is expected to show on Tuesday. Pending home sales contracts, which lead actual sales by a month or two, hit a 2-1/2 year high in November.

The new home sales report on Friday is expected to show a 2.1 percent increase.

The federal debt ceiling negotiations, a nagging worry for investors, seemed to be stuck on the back burner after House Republicans signaled they might support a short-term extension.

Equity markets, which tumbled in 2011 after the last round of talks pushed the United States close to a default, seem not to care much this time around.

The CBOE volatility index <.vix>, a gauge of market anxiety, closed Friday at its lowest since April 2007.

"I think the market is getting somewhat desensitized from political drama given, this seems to be happening over and over," said Destination Wealth Management's Yoshikami.

"It's something to keep in mind, but I don't think it's what you want to base your investing decisions on."

(Reporting by Rodrigo Campos, additional reporting by Chuck Mikolajczak and Caroline Valetkevitch; Editing by Kenneth Barry)

Read More..

In Chaos in North Africa, a Grim Side of Arab Spring

WASHINGTON — As the uprising closed in around him, the Libyan dictator Col. Muammar el-Qaddafi warned that if he fell, chaos and holy war would overtake North Africa. “Bin Laden’s people would come to impose ransoms by land and sea,” he told reporters. “We will go back to the time of Redbeard, of pirates, of Ottomans imposing ransoms on boats.”

In recent days, that unhinged prophecy has acquired a grim new currency. In Mali, French paratroopers arrived this month to battle an advancing force of jihadi fighters who already control an area twice the size of Germany. In Algeria, a one-eyed Islamist bandit organized the brazen takeover of an international gas facility, taking hostages that included more than 40 Americans and Europeans.

Coming just four months after an American ambassador was killed by jihadists in Libya, those assaults have contributed to a sense that North Africa — long a dormant backwater for Al Qaeda — is turning into another zone of dangerous instability, much like Syria, site of an increasingly bloody civil war. The mayhem in this vast desert region has many roots, but it is also a sobering reminder that the euphoric toppling of dictators in Libya, Tunisia and Egypt has come at a price.

“It’s one of the darker sides of the Arab uprisings,” said Robert Malley, the Middle East and North Africa director at the International Crisis Group. “Their peaceful nature may have damaged Al Qaeda and its allies ideologically, but logistically, in terms of the new porousness of borders, the expansion of ungoverned areas, the proliferation of weapons, the disorganization of police and security services in all these countries — it’s been a real boon to jihadists.”

The crisis in Mali is not likely to end soon, with the militants ensconcing themselves among local people and digging fortifications. It could also test the fragile new governments of Libya and its neighbors, in a region where any Western military intervention arouses bitter colonial memories and provides a rallying cry for Islamists.

And it comes as world powers struggle with civil war in Syria, where another Arab autocrat is warning about the furies that could be unleashed if he falls.

Even as Obama administration officials vowed to hunt down the hostage-takers in Algeria, they faced the added challenge of a dauntingly complex jihadist landscape across North Africa that belies the easy label of “Al Qaeda,” with multiple factions operating among overlapping ethnic groups, clans and criminal networks.

Efforts to identify and punish those responsible for the attack in Benghazi, Libya, where Ambassador J. Christopher Stevens was killed in September, have bogged down amid similar confusion. The independent review panel investigating the Benghazi attack faulted American spy agencies as failing to understand the region’s “many militias, which are constantly dissolving, splitting apart and reforming.”

Although there have been hints of cross-border alliances among the militants, such links appear to be fleeting. And their targets are often those of opportunity, as they appear to have been in Benghazi and at the gas facility in Algeria.

In the longer term, the Obama administration and many analysts are divided about what kind of threat the explosion of Islamist militancy across North Africa poses to the United States. Some have called for a more active American role, noting that the hostage-taking in Algeria demonstrates how hard it can be to avoid entanglement.

Others warn against too muscular a response. “It puts a transnational framework on top of what is fundamentally a set of local concerns, and we risk making ourselves more of an enemy than we would otherwise be,” said Paul R. Pillar of Georgetown University, a former C.I.A. analyst.

In a sense, both the hostage crisis in Algeria and the battle raging in Mali are consequences of the fall of Colonel Qaddafi in 2011. Like other strongmen in the region, Colonel Qaddafi had mostly kept in check his country’s various ethnic and tribal factions, either by brutally suppressing them or by co-opting them to fight for his government. He acted as a lid, keeping volatile elements repressed. Once that lid was removed, and the borders that had been enforced by powerful governments became more porous, there was greater freedom for various groups — whether rebels, jihadists or criminals — to join up and make common cause.

In Mali, for instance, there are the Tuaregs, a nomadic people ethnically distinct both from Arabs, who make up the nations to the north, and the Africans who inhabit southern Mali and control the national government. They fought for Colonel Qaddafi in Libya, then streamed back across the border after his fall, banding together with Islamist groups to form a far more formidable fighting force. They brought with them heavy weapons and a new determination to overthrow the Malian government, which they had battled off and on for decades in a largely secular struggle for greater autonomy.

David D. Kirkpatrick contributed reporting from Cairo, and Mark Mazzetti and Eric Schmitt from Washington.

Read More..

RIM offers Android developers up to $2,000 to port apps to BlackBerry 10 this weekend

RIM (RIMM) really wants Android developers to bring their apps over to BlackBerry 10, and it’s got the cash to prove it. Via AndroidGuys, it seems that RIM will hold a “BlackBerry 10 Last Chance Port-A-Thon” that will pay Android developers $ 100 for every approved app they port over to BlackBerry 10, with a limite of 20 different paid apps per developer. RIM says that the “port-a-thon” will start at noon Friday and run for the following 36 hours. App developers have shown some strong interest in BlackBerry 10 so far as RIM announced this week that it had received 15,000 app submission over just two days during the last port-a-thon, although the company didn’t mention how much influence its “really cool” SDK had in convincing companies to develop for its new platform.

[More from BGR: Samsung’s latest monster smartphone will reportedly have a 5.8-inch screen]

This article was originally published on BGR.com

Gadgets News Headlines – Yahoo! News

Read More..

This Sundance Cheeseburger Recipe Is Missing One Thing: The Burger!

It's a cheeseburger, but it's only made out of cheese – stinky cheese.  

The award-winning chef dubbed the "impresario of pop-up dining" by The New York Times, Ludovic or 'Ludo' Lefebvre, will be dishing up at least 600 of them next week at the Samsung Galaxy Lounge at the Sundance Film Festival in Park City, Utah. But as his demonstration at the Bulthaup kitchen in Beverly Hills showed, it's not your mama's grilled cheese sandwich.

"I decided to do this cheeseburger recipe for all the stars at Sundance because it's very comforting," the new One Blind Taste judge tells PEOPLE.

"From growing up in France, I always remember that after a big day of skiing in the very cold mountains we always wanted some comforting food. It would always be cheese, bread and a bottle of wine. Cheese and bread are the most comforting foods for me. So this is a fancy, and vegetarian, version of this, and I am going to make at least 600 of these at Sundance, easy!"

While the recipe is almost a reconstructed fondue, Lefebvre – whose talent was featured at two of Los Angeles's most prestigious restaurants, Bastide and L'Orangerie – said he was also inspired by the one of the first epicurean wonders he saw when he initially came to the U.S. 16 years ago – soup served in a bread bowl.

"I've never seen a more perfect meal, just fantastic," he gushed.

Ludo says the herb garnishes can be whatever your favorites are, or whatever looks best at the market that day. And the agar-agar (a thickening agent for the mousse) can be substituted with cornstarch and you can use whatever your favorite mushroom is. He stresses that the recipe is a jumping-off point and can be adjusted to personal taste:

Reblochon Cheeseburger, Tomato Jam, Chanterelles

Ingredients
• 4 Small Brioche Buns

Tomato Jam Ingredients
• 4 whole hot house tomatoes
• 1 shallot, peeled and chopped finely
• 1 garlic clove, peel and chopped finely
• 1 bay leaf
• 1 sprig of thyme
• 2 Tbsp. olive oil
• 1 Tbsp. tomato paste
• 2 Tbsp. sugar
• 1 Tbsp. aged balsamic vinegar (12 year)
• Kosher salt
• Fresh ground black pepper

Reblochon Mousse
• 20 cl. (7 oz.) heavy cream
• 10 cl. (3.5 oz.) vegetable stock
• 30 grams (2 Tbsp) grated parmesan
• 80 grams (¾ cup) Reblochon (other soft cheese such as Brie or Camembert can be substituted)
• 1 tsp. agar-agar
• 4 oz. fresh whipped cream
• Kosher salt (to taste)
 

Chanterelles
• 100 grams (4 oz.) chanterelle mushrooms
• Kosher salt (to taste)
 

Garnish
• 4 mustard green leaves (washed; lettuce can be substituted)
• 4 swiss chard leaves (washed; lettuce can be substituted)
• 4 Tbsp. sesame oil
• Aged balsamic vinegar (12 year)
• Fleur de Sel
• 4 borage flowers

Directions

Tomato Jam process
1. Blanche the tomatoes in boiling water and transfer to cold water bath.
2. Remove skin from tomatoes
3. Cut tomatoes into quarters and remove seeds
4. Dice tomatoes
5. In a medium saucepan, add the olive oil and warm over medium heat, add garlic and shallots and cook for 5 minutes. Add died tomatoes, tomato paste, bay leaf, thyme and sugar. Cover with lid and let cook for 20 minutes, stirring occasionally.
6. Remove bay leaf and thyme. Season with salt and pepper, to taste. Add Balsamic and cook for 10 minutes. Let cool.
 

Reblochon Cheese Mousse Process
1. In a medium sauce pan combine all ingredients, EXCEPT whipped cream.
2. Cook slowly until the mixture reaches 85 degrees C.
3. Pass the mixture through a chinois into a medium metal bowl. Place the bowl on top of another bowl filled with ice. Cool down.
4. Once the mixture is completely cooled, fold in the whipped cream with a plastic spatula.
 

Chanterelle Mushroom Process
1. Clean the chanterelles in cold water and pat dry with a paper towel.
2. In a non-stick pan, sauté the chanterelles for 2 minutes. Season with salt.
3. Slice the chanterelles thinly.
 

Assembly Instructions
1. Cut brioche buns in half. Scoop out bottom of bun.
2. Line bottom of bun with one mustard leaf and one swiss chard leaf.
3. Place one larger rounded scoop of reblochon mousse on top of leaves.
4. Add one teaspoon of tomato jam.
5. Add a slice of chanterelle.
6. Drizzle with balsamic and sesame oil.
7. Top with a borage flower.

• Optional: Add brioche bun top. Ludo prefers to serve open face.
 

Read More..

Flu season 'bad one for the elderly,' CDC says

The number of older people hospitalized with the flu has risen sharply, prompting federal officials to take unusual steps to make more flu medicines available and to urge wider use of them as soon as symptoms appear.

The U.S. is about halfway through this flu season, and "it's shaping up to be a worse-than-average season" and a bad one for the elderly, said Dr. Thomas Frieden, director of the Centers for Disease Control and Prevention.

It's not too late to get a flu shot, and "if you have symptoms, please stay home from work, keep your children home from school" and don't spread the virus, he said.

New figures from the CDC show widespread flu activity in all states but Tennessee and Hawaii. Some parts of the country are seeing an increase in flu activity "while overall activity is beginning to go down," Frieden said. Flu activity is high in 30 states and New York City, up from 24 the previous week.

Nine more children or teens have died of the flu, bringing the nation's total this flu season to 29. That's close to the 34 pediatric deaths reported during all of the last flu season, although that one was unusually light. In a typical season, about 100 children die of the flu and officials said there is no way to know whether deaths this season will be higher or lower than usual.

The government doesn't keep a running tally of adult deaths from the flu, but estimates that it kills about 24,000 people most years.

So far, half of confirmed flu cases are in people 65 and older. Lab-confirmed flu hospitalizations totaled 19 for every 100,000 in the population, but 82 per 100,000 among those 65 and older, "which is really quite a high rate," Frieden said.

"We expect to see both the number and the rates of both hospitalizations and deaths rise further in the next week or so as the flu epidemic progresses,'" so prompt treatment is key to preventing deaths, he said.

About 90 percent of flu deaths are in the elderly; the very young and people with other health problems such as diabetes are also at higher risk.

If you're worried about how sick you are and are in one of these risk groups, see a doctor, Frieden urged. One third to one half of people are not getting prompt treatment with antiviral medicines, he said.

Two drugs — Tamiflu and Relenza — can cut the severity and risk of death from the flu but must be started within 48 hours of first symptoms to do much good. Tamiflu is available in a liquid form for use in children under 1, and pharmacists can reformulate capsules into a liquid if supplies are short in an area, said Dr. Margaret Hamburg, head of the Food and Drug Administration.

To help avoid a shortage, the FDA is letting Tamiflu's maker, Genentech, distribute 2 million additional doses of capsules that have an older version of package insert.

"It is fully approved, it is not outdated," just lacks information for pharmacists on how to mix it into a liquid if needed for young children, she said.

This year's flu season started about a month earlier than normal and the dominant flu strain is one that tends to make people sicker. Vaccinations are recommended for anyone 6 months or older. There's still plenty of vaccine — an update shows that 145 million doses have been produced, "twice the supply that was available only several years ago," Hamburg said.

About 129 million doses have been distributed already, and a million doses are given each day, Frieden said. The vaccine is not perfect but "it's by far the best tool we have to prevent influenza," he said.

Carlos Maisonet, 73, got a flu shot this week at New York's Brooklyn Hospital Center at the urging of his wife, who was vaccinated in August.

"This is his first time getting the flu shot," said his wife, Zulma Ramos.

Last week, the CDC said the flu again surpassed an "epidemic" threshold, based on monitoring of deaths from flu and a frequent complication, pneumonia. The flu epidemic happens every year and officials say this year's vaccine is a good match for strains that are going around.

___

Online:

Flu vaccine finder: http://www.flu.gov

CDC flu info: http://www.cdc.gov/flu/index.htm

___

AP Photographer Bebeto Matthews in New York contributed to this report.

___

Follow Marilynn Marchione's coverage at —http://twitter.com/MMarchioneAP

Read More..