Senin, 14 Januari 2013

Baseball-A's reward manager Melvin with two-year extension

Jan 14 (Reuters) - The Oakland Athletics rewarded manager Bob Melvin with a two-year contract extension after he led the team to a division title and was voted American League Manager of the Year, the team said on Monday.
The extension will keep Melvin, who led Oakland to a 94-68 record in 2012 that was a 20-win improvement over the previous campaign, with the A's through the 2016 Major League Baseball season, the team said in a statement.
It was Melvin's first full year at the helm in Oakland. He was named interim manager in June 2011 before signing a three-year pact three months later.

A's reward manager Melvin with two-year extension

(Reuters) - The Oakland Athletics rewarded manager Bob Melvin with a two-year contract extension after he led the team to a division title and was voted American League Manager of the Year, the team said on Monday.
The extension will keep Melvin, who led Oakland to a 94-68 record in 2012 that was a 20-win improvement over the previous campaign, with the A's through the 2016 Major League Baseball season, the team said in a statement.
It was Melvin's first full year at the helm in Oakland. He was named interim manager in June 2011 before signing a three-year pact three months later.

Oakland gives manager Bob Melvin 2-year extension

OAKLAND, Calif. (AP) — Bob Melvin has repeatedly described the comfort of managing right at home in the Bay Area — and Billy Beane has described the comfort in having a winning, "modern-day" manager leading the Oakland Athletics.
Melvin is staying put in the very place he wants to be well into the future.
The A's manager received a two-year contract extension Monday that takes him through the 2016 season. Later Monday, Oakland announced it had reached agreement on a $1 million, one-year contract with catcher George Kottaras, a raise of $275,000.
Beane is thrilled to have a manager in place to guide the small-budget A's for years to come.
"To get an extension like this from people you respect and admire and supported you, it really makes you feel good and makes you feel better about doing your job," said Melvin, voted AL Manager of the Year after leading Oakland to a surprising West division title. "My expectations are the same as last year. We're going to compete hard and expect to win. Based on having the results we had last year, we'll have that much more confidence coming into spring training."
Oakland became the first team in major league history to win a division or pennant after trailing by five games with less than 10 to play, sweeping three games against Texas to win the division over the Rangers.
"It's really a reflection of our commitment to Bob and Bob's commitment to us. If you know you have the right guy, there's no sense in waiting until he's got one year left," general manager Billy Beane said. "This was probably the simplest negotiation I've ever had in my career here. That's a reflection of the relationship that Bob has with the organization. We're happy to give him this well-deserved extension. It didn't take very long. The actual writing it up took longer than the actual negotiations."
Oakland lost to Detroit 3-2 in a best-of-five AL division series. The A's ended a five-year stretch without a winning record or playoff berth, finishing 94-68.
The A's did it with a payroll of $59.5 million — lowest in the majors — and 12 rookies. They did it with significant injuries to their starting pitchers and lost their third baseman, Scott Sizemore, to a season-ending knee injury on the first full-squad workout of spring training. And they did it after losing right-hander Bartolo Colon to a 50-game suspension in August for a positive testosterone test, then re-signed him this winter.
The 51-year-old Melvin, a former big league catcher who grew up in Menlo Park and played at Cal, took over from the fired Bob Geren in June 2011. Melvin led the Diamondbacks to the NL West title in 2007 and also won 93 games in his rookie season with Seattle in 2003.
"We knew we had the right guy right from the get go. Continuity is important," Beane said. "It's really important. Once again last year was certainly enjoyable. It's easy to look at a year like last year and everybody has fun when you're winning. This relationship with Bob and myself and the front office and the players started when he took over."
Melvin received a three-year contract from Oakland late in the 2011 season. The A's went 47-52 after he took over that year.
His local ties are only a bonus. Melvin played three seasons with the San Francisco Giants.
"I was excited and impressed when Billy told me that Bob was available and accepting the manager role with us," owner Lew Wolff said. "As I observed Bob's leadership and very special drive, I was even more impressed with Billy's choice. I am so very pleased that we will have Bob with us for the foreseeable future. Bob's use of our talent was and is brilliant in my opinion."
Kottaras, acquired from Milwaukee before last year's trade deadline, batted .212 with six home runs and 19 RBIs in 27 games for Oakland after hitting .209 with three home runs and 12 RBIs in 58 games with the Brewers.
Three A's remain eligible to file for arbitration Tuesday: left-hander Jerry Blevins and outfielders Brandon Moss and Seth Smith.

Minggu, 13 Januari 2013

Thousands hold symbolic inauguration for Chavez

CARACAS, Venezuela (AP) — Tens of thousands of chanting supporters of Venezuelan President Hugo Chavez rallied outside his presidential palace Thursday in an exuberant symbolic inauguration for a leader too ill to return home for the real thing. Backers wearing T-shirts with the slogan "I am Chavez" waved flags while upbeat music from Chavez's last presidential campaign blared from speakers, proclaiming: "Chavez, heart of the people!" The government organized the unusual show of support for the cancer-stricken leader on the streets outside Miraflores Palace on what was supposed to be his inauguration day. With Chavez out of sight in a Cuban hospital fighting a severe respiratory infection more than a month after cancer surgery, his swearing-in ceremony has been indefinitely postponed, despite opposition complaints. "We came to show support, so he knows his nation is with him," said Anny Marquez, a secretary and voluntary member of a civilian militia that Chavez has built in recent years. "We're with him in the good times as well as the bad." Some wore paper cutouts of the yellow, blue and red presidential sash to show they were symbolically swearing in themselves in Chavez's place. The government invited leaders from across Latin America and the Caribbean to add political weight to the inauguration without an inauguree, while the country's opposition demanded details about Chavez's state and called the delay of the formal swearing-in a violation of the constitution. Presidents attending from allied countries included President Jose Mujica of Uruguay, Evo Morales of Bolivia and Daniel Ortega of Nicaragua. Vice President Nicolas Maduro, whom Chavez designated his chosen successor last month, hosted a televised meeting with visiting leaders to discuss the Chavez-launched Petrocaribe program, through which the OPEC nation provides fuel under preferential terms to allies. Maduro said heads of state, foreign ministers and other officials from 19 countries had come to Caracas. Maduro said the leaders would go to the presidential palace in the afternoon for the "main event." He said earlier that even though it wasn't an official swearing-in, Thursday's event still marks the start of a new term for the president following his re-election in October. "A historic period of this second decade of the 21st century is starting, with our commander leading," Maduro said. But glaring above all in the at times surreal event was Chavez's absence from the balcony of the presidential palace where he has so often spoken for hours to similar crowds, chiding his opponents and called for a socialist revolution. As in past rallies before the president himself, Chavez's face beamed from shirts, signs and banners. Some blew horns and danced to music blaring from speakers mounted on trucks. Nearly everyone wore the color of his Bolivarian Revolution movement as the swelling crowd grew into a sea of red and spilled from the main avenue onto side streets. The crowd chanted: "We are all Chavez!" It was the first time in Venezuela's history that a president has missed his inauguration, said Elias Pino Iturrieta, a prominent historian. "Perhaps it's the first chapter of what they call Chavismo without Chavez." The Supreme Court on Wednesday backed the plan to put off the inauguration indefinitely, saying the president could be sworn in before the court at a later date. Opposition lawmaker Maria Corina Machado called that a "well-aimed coup against the Venezuelan Constitution" and said she and others will continue to denounce internationally what they view as government authority being illegally usurped by Maduro. She told The Associated Press that she believes "it's being directed from Cuba, and by Cubans," and renewed calls for National Assembly President Diosdado Cabello to take over provisionally until it becomes clear whether Chavez is fit to remain in office — something that Cabello and the government have made clear is not in their plans. Chavez has been fighting an unspecified type of pelvic cancer since June 2011 and has undergone repeated surgeries, chemotherapy and radiation treatments. The government said in its last update on Monday that Chavez was in a "stable situation" while being treated for a severe respiratory infection. The government has hasn't said how severe his "respiratory deficiency" is. Militia troops in uniform gathered by the hundreds near the presidential palace. National Guard soldiers and police stood guard on street corners while hip-hop artists performed on stages set up along the avenue leading toward the presidential palace. It was one of the largest rallies for Chavez in recent years. Public employees joined the president's supporters, and some arrived in government buses from across the country. Many in the crowd held up posters reading: "Now with Chavez more than ever." "We're Chavez. Chavez is now an ideology," said Elio Silva, a member of the radical Tupamaro grassroots group who traveled five hours by bus for the event. He wore a black beret with a single star, a style once worn by Argentine revolutionary Ernesto "Che" Guevara. Silva said he holds out hope that Chavez is recovering, and said he is sure that whatever happens in the weeks to come, "it will all be democratic." Vendors sold caps and shirts with images of Chavez. Some wore felt hearts in the colors of Venezuela's flag pinned to their shirts, with pictures of Chavez pasted atop the hearts. In a remark that echoed the sentiments of many in the crowd, teacher Marcelo Villegas said: "Unfortunately, Chavez can't be with us today. But we the people represent Chavez. He is and always will be our leader."

Brazil's WTO candidate to focus on consensus

BRASILIA, Brazil (AP) — Brazil's candidate to head the World Trade Organization said Thursday that if he's selected he'll focus on restarting long-stalled global talks to lower trade barriers.
Speaking at a news conference in the capital, Brasilia, Roberto Azevedo said he'd strive to build consensus between developed and developing countries in hopes of resuming the so-called Doha Round of talks that began in 2001 but have not reached agreement. The unwillingness of developing powerhouses Brazil, China, Russia, India and South Africa to cede to U.S. demands for greater market access has been widely cited as one of the main stumbling blocks to the negotiations.
"The impasse in Doha Round negotiations has resulted in serious and concrete differences among the member states," said Azevedo, a 55-year-old who has served as Brazil's ambassador to the WTO. "Therefore, it's fundamental that the future director general be able to move easily among the different groups of countries, regardless of their level of development, without imposing views on anyone and trying to forge all possible consensuses."
Azevedo stressed that Brazil is known for its soft diplomatic touch and its ability to nudge opposing sides into sitting down together and said that he personally has demonstrated a similar capacity for consensus building during his tenure as WTO ambassador. He also emphasized that his insider knowledge of the workings of the WTO would prove an asset, were he to be selected.
In his bid to replace the WTO's outgoing director general, Pascal Lamy of France, Azevedo is up against seven other candidates from countries including South Korea, Jordan, Kenya and Ghana.
Two other Latin American contenders, from Mexico and Costa Rica, are also in the running, prompting some observers to speculate about whether the regional vote might be split between the three candidates. At Thursday's news conference, Azevedo brushed aside that possibility. He stressed that another regional powerhouse, Brazil's neighbor to the south, Argentina, has already come out in support of his candidacy.
The final phase of the selection process runs from April 1-May 31.
Brazil, along with other fast-growing developing nations, is looking to take on bigger roles in major global financial and trade decisions, primarily within institutions like the International Monetary Fund and the WTO.

Mexicans doubt dog-death theory, despite evidence

MEXICO CITY (AP) — In a country beset by the most gruesome forms of drug violence, many residents of the capital are rejecting the theory of prosecutors that stray dogs killed as many as five people in recent weeks at a hilltop park in the middle of one of the world's biggest cities.
It is easier for victims' relatives like Ana Maria Martinez to believe crazed killers tortured and murdered her brother, Samuel Suriel Martinez Sanchez, 16, and left his body to be mauled by dogs.
Animal rights activists say the bunch of innocuous-looking strays rounded up so far are being framed. They plan a sit-down protest in front of Mexico City police headquarters Friday, even though authorities have pledged not to euthanize the dogs. Pressure from animal lovers forced the city to stop regular roundups of strays several years ago.
But animal experts said Thursday it is quite possible that those dogs, or others, did turn into killers, saying people have misconceptions about dog attacks. City prosecutors have said autopsies of four of the bodies concluded the deaths were caused by blood loss from the bites of around 10 dogs, inflicted before and after death.
The refusal to blame dogs for the deaths may stem from people's mistrust of often corrupt or incompetent prosecutors. Drug cartels regularly dump bodies of their victims in vacant lots, and authorities don't investigate most such cases.
"My brother was killed by human beings, whether they set the dogs on him before or after, we don't know," said Martinez. "I think it was a crazy person, or several, or maybe even satanical people for their rituals."
"There were dog bites, but dogs don't kill people," she said. "More than anything else, we want this cleared up, so that other innocent people don't have to go through the suffering we're going through."
It is an incredulity fed by the innocuous-looking faces of the 50 or so mutts rounded up at the Cerro de la Estrella park where the attacks occurred in December and early January. A few are about the size of a Labrador, but many are small or mid-sized dogs, including beagle and border-collie mixes.
Many look like the discarded pets they are. Residents near the 353-acre (143-hectare) park in the poor Iztapalapa neighborhood say people regularly drop off unwanted pets there, but say the dogs have never caused problems before.
"They rounded up a bunch of very innocent-looking dogs," said Martinez's father, Benigno Juan Martinez Martinez, a balloon vendor.
But Jim Crosby, a Florida-based former policeman who is an expert witness for canine aggression cases, said: "Dogs, singly or in groups, can easily kill a human being. I have seen some people ripped extremely badly apart by one or two dogs. People in the United States have been killed by everything from Presa Canarios (a large breed) ... to Pomeranians."
Moises Heiblum, professor of animal behavior at the school of veterinary medicine at the National Autonomous University of Mexico, said feral dogs as individuals "probably could not carry out a ferocious attack of this type" and normally avoid human contact.
But the dynamics change when a pack is formed, Heiblum said. "When a group comes together, they are capable of an extremely intense and even fatal attack. That is possible."
Animal control warden Armando Garcia, who was patrolling with an assault rifle this week, said there was no question that strays had formed a pack in at least one part of the park.
"You can tell when there's a pack: There's an alpha dogs and his followers, and they've marked out territory and they challenge you when you enter it, with growls and barking," Garcia said.
Doubts about the official theory are passing among neighbors whose homes, some just wooden shacks, front the park. Some say nobody heard anything on the nights of the killings, and surely the dogs and their victims would have made noise. Others note the dog bites were found on the bodies' arms and legs, and not the throats.
Experts say it is a popular myth that wild animals attack the throat. They say dogs generally bite people wherever they can reach, often the arms, legs or buttocks.
"I they're in a pack, they're probably grabbing whatever is closest to them," said Dr. Julie Albright, who holds the PetSafe Chair in Small Animal Behavior Research at the University of Tennessee College of Veterinary Medicine.
One resident, former policewoman Magali Flores Guzman, questioned how dogs could have been responsible when people regularly walk through the park without incident.
But Albright said the victims' behaviors could have triggered an attack. "Something drew them over there," she said. "Maybe food drew them there."
A relative said two of the victims had just bought food before entering the park.
Some residents said another victim may have been drunk or passed out after drinking with friends in the park. Albright said dogs may be more likely to go after people who are stumbling or unsteady on their feet.
The experts said trying to run away from a dog pack can also trigger an attack. They counseled standing still and slowing retreating backward, while avoiding eye contact.

Artist Selaron found dead by his work in Brazil

RIO DE JANEIRO (AP) — The candy-colored steps of a staircase in Rio's bohemian neighborhood of Lapa were the life work of Chilean artist Jorge Selaron and a symbol of his adopted city. On this gray, rainy Thursday, they became his memorial.
The painter, who turned the 215 steps into a kaleidoscope of brightly hued tiles from all over the world, transforming a dingy, urine-scented alley and stairs into a rambunctious "tribute to the Brazilian people," was found dead on his masterpiece.
Rio de Janeiro police discovered his body in front of his house Thursday, one of the humble colonials that flank the staircase as it ascends into the St. Teresa Convent above. Visitors dropped flowers and tried to light candles in the blustery weather on his doorstep.
Investigators would not disclose the cause of death and were not discarding murder. Calls for additional comment from police were not returned.
Neighbors, friends and strangers alike were in shock over the death of a man who may have been born abroad, but whose open, carefree manner and riotous use of color came to represent the best of Rio. In 2005, the staircase became a city landmark and the artist was declared an honorary Carioca, as Rio residents are known.
"We can speak of Lapa before and after Selaron. He changed the face of Rio. His death is something brutish, that makes no sense," said Jocimar Batista de Jesus, aka "Mestre Duda Pirata," a capoeira master who also lives along the steps and shared many a beer with the artist over decades.
The staircase project began in 1990, when Selaron, born in 1947, began tiling the steps and collecting old porcelain bathtubs to use as planters along the sides.
"He had no resources, no support from the city," said Jesus. "The neighbors helped as they could. I brought him tiles from my trips, from Spain, Holland, as I traveled. As it grew, people began to contribute, to send him tiles, to bring them to Rio when they came to visit."
Crowded in a corner are tiles showing a woman in traditional dress from Minho, Portugal, next to a Buddha in seated lotus position, next to a depiction of St. Jorge slaying a dragon. A few steps ahead, Indian deities fan out around a tile representing the principal sites of Berlin. Farther up are tiles showing Bob Marley, antique French tiles and others with flowing Arabic calligraphy, all flanked by the flaming red and eye-popping yellow Selaron chose as the dominant colors.
The artist himself, unmistakable with his bushy mutton chop mustache, was always around, said tour guide Alejandro Martin Barreira.
Often attired in the quintessential carioca outfit of flip-flops and board shorts, and outgoing to the point of offering to take pictures with tourists even before they asked, Selaron was a local character as picturesque and well-loved as his work.
He'd make a little money selling other paintings to people visiting the steps.
"Here in Lapa everyone knew him; he was the face of this bohemian, artistic neighborhood," said Barreira. "He was a simple man, who loved this life, sitting here, watching the kids play, chatting people up."
A mysterious image pops up in all of Selaron's work — a hugely pregnant black woman, often shown holding a fish. Her pictures appear throughout the stairs, some of them discreet, some monumental. In one painting that spans several tiles, Selaron gives himself, mutton chops and all, the same pregnant belly and prominent breasts, along with a sign that says, "Brazil, I love you."
The artist introduces the character to visitors in his own words, painted, of course, on a tile: "On the 7th of December of 1999, I was moved to tears. All that was needed was for me to paint the pregnant woman who is in all my paintings."
He never revealed who she was, writing only that it was a personal matter. With that last touch, he ran out of room. So he started substituting the tiles, he explained, turning the staircase into a fluid, evolving piece, perennially changing to reflect the interests, origins or obsessions of contributors, with Selaron first among them.
The staircase that was born of this "great folly," as he wrote on a tile, is full of stories, notes, poignant mementos of those who pass by and leave something of themselves.
In one, Selaron thanked a friend for helping out with the tiling. Elsewhere, proud mother Jandira announced the birth of her son Bruno. In one tile, Selaron apologized to his landlady, Dona Elena, for having neglected to pay rent during the years he spent working on the staircase.
"I hope you understand," he pleaded in a piece decorated with the omnipresent pregnant woman.
Selaron meant the work to last a lifetime.
"I will only end this mad and singular dream on the last day of my life," he wrote on the wall.
Several steps above, an anonymous contributor answered, in simple handwriting on a plain tile painted in the green and yellow of the Brazilian flag: "Obrigado, Selaron."
Thank you, Selaron.

Jumat, 11 Januari 2013

AP source: Browns hire Rob Chudzinski as new coach

CLEVELAND (AP) — A person familiar with the decision says the Cleveland Browns have hired Carolina offensive coordinator Rob Chudzinski as their new coach.
Chudzinski will become the Browns' sixth full-time coach since 1999, said the person who spoke to The Associated Press on Thursday night on the condition of anonymity because the team has not yet announced the hiring. The 44-year-old Chudzinski has spent the past two seasons with the Panthers. He has had two previous stints with the Browns as an assistant coach.
Chudzinski, who grew up in Ohio and rooted for the Browns as a kid, interviewed with the team on Wednesday. He has spent the past two years working with quarterback Cam Newton.
The Browns have been searching for a coach since firing Pat Shurmur on Dec. 31 after a 5-11 season.

Browns hire Rob Chudzinski as new coach

CLEVELAND (AP) — Rob Chudzinski's first head coaching job will be with the team he loved as a kid.
Chudzinski, who spent the past two seasons as Carolina's offensive coordinator, has been hired by the Browns as their sixth full-time coach since 1999. It's the third stint in Cleveland for Chudzinski, who worked with the Browns previously as an assistant.
The Browns hope the first-time head coach can end years of despair and constant losing, and maybe resurrect a franchise that has made just one trip to the playoffs in the past 14 years.
The team confirmed Chudzinski's hiring with a release Thursday night and said he will be introduced at an 11 a.m. news conference at the team's facility in Berea on Friday.
Chudzinski will be the Browns' 14th coach in team history. He replaces Pat Shurmur, another first-time coach when he was hired, who was fired on Dec. 31 after a 5-11 season. For the past two years, the 44-year-old Chudzinski has worked with talented Panthers quarterback Cam Newton.
When owner Jimmy Haslam embarked on his coaching search last week, he pledged to bring back the "best person for Cleveland."
After meeting with at least seven other candidates, Haslam, who bought the Browns this summer, decided along with CEO Joe Banner that Chudzinski, was ready.
Known simply as "Chud," Chudzinski coached tight ends in Cleveland for Butch Davis in 2004, and then came back to the Browns in 2007 and was offensive coordinator for two seasons under Romeo Crennel.
Chudzinski, who was never embarrassed to acknowledge he rooted for the Browns while growing up in Toledo, Ohio, interviewed with the team on Wednesday. He was viewed by many as a longshot for the job, not because he wasn't qualified, but Haslam figured to make a big splash with his first coaching hire.
However, Chudzinski wowed Haslam and Banner during his meeting and the team decided it was time to end their search after nearly 10 days.
It's not yet known whom Chudzinski will bring in as his coordinators. There are reports he may hire former San Diego coach Norv Turner to run his offense.
In his first season in Carolina, Chudzinski turned Newton, the No. 1 overall draft pick, loose and the Panthers set club records for total yards (6,237) and first downs (345). Carolina also scored 48 touchdowns after getting just 17 in the season before Chudzinski arrived. The Panthers jumped from last in the league in total yardage to seventh, the biggest improvement since 1999.
Following the season, Chudzinski interviewed for head coaching jobs with St. Louis, Jacksonville and Tampa Bay before returning to Carolina.
Newton continued to develop in his second season with Chudzinski. The Browns could be counting on him to improve Brandon Weeden after his uneven rookie season.
After his first stint on Cleveland's staff, Chudzinski spent two seasons as San Diego's tight ends coach, working with perennial Pro Bowl standout Antonio Gates.
Taking over the Browns offense in 2007, Chudzinski helped the Browns win 10 games — the most since their expansion rebirth in 1999 — and had four players make the Pro Bowl.
However, in 2008, the Browns struggled on offense and a six-game losing streak led to a 4-12 finish and Crennel's firing. The Browns finished 31st in offense that year.
Chudzinski went back to the Chargers for two more seasons before he was hired in Carolina.
On Thursday, former Arizona coach Ken Whisenhunt was brought to Cleveland for a second interview and he appeared to be the frontrunner. The Browns were also expected to meet again with Cincinnati defensive coordinator Mike Zimmer and interview Indianapolis offensive coordinator Bruce Arians.
But in the end, the Browns decided to go with Chudzinski, who has no head coaching experience but is regarded as one of the league's brightest up-and-coming coaches.
The hiring won't cause Cleveland fans to dance in the streets, but it is in keeping with Banner's past of hiring a coach without a meaty resume.
When he was in Philadelphia's front office, Banner went outside the box and hired relatively unknown Andy Reid, who spent 14 seasons with the Eagles before he was fired after this season.
The Browns can only hope it goes as well with Chudzinski.

NFL-Browns hand head coaching role to Chudzinski

Jan 10 (Reuters) - The Cleveland Browns appointed Rob Chudzinski as their head coach on Thursday, the new man brought in after Pat Shurmur was fired at the end of last month following a disappointing season.
Chudzinski, who spent the past two seasons as offensive coordinator for the Carolina Panthers, becomes the 14th full-time head coach for the Browns.
The 44-year-old will take over a team that ended their 2012 campaign with a 5-11 record after finishing the season with a 24-10 loss to the Pittsburgh Steelers.
Chudzinski, who was tight ends coach for the Browns in 2004 and their offensive coordinator from 2007-08, would be officially introduced as head coach on Friday, Cleveland said in a statement.

Could CES Be Cool Again?

After a few years of the tech press letting us know how meaningless the Consumer Electronics Show has become, this year we sense of change of tune—maybe because the big gadget trade show has some things to offer? For all the predictable "I'm over it" posts, a few techies have taken the opposite point of view: CES is cool again. No one is expecting to see any breakthroughs unveiled like the VCR and Xbox which gave the gadget fair its reputation. But as gadget lovers and the people who write about them descend into Vegas this week, some are looking forward to the convention. Even Verge writer Tren Wolbe, who compared CES to a "skeezy uncle," expects to find some "actually cool shit hidden in some under-trafficked corner." We're a little skeptical, considering the biggest thing last year was the not-so-smart Smart TV, which, as Wired's Mat Honan explains, nobody uses because "it sucks." But, we're ready for some enlightenment. Here are some of the paths being suggested to widget nirvana.
RELATED: A Brief History of CES Booth Babes
It's All About the Small Booths
RELATED: Lenovo's New Coffee Table Computer Is One Big Gigantic iPad
The biggest companies don't show up anymore, and the ones that do give us silly things like this giant Lenovo coffee table computer. The interesting stuff is elsewhere, explains Gizmodo's Joe Brown. "Big announcements shmig announcements, it's the little guys who bring us the most joy," he writes. For example: "Smaller companies innovate just as much as the larger ones—sometimes more—and CES is a great place for them to show the world the quality of their wares. Five years ago, Parrot was best known for a Bluetooth car stereo; now its enormously popular AR Drones own the skies."
RELATED: The Waning Influence of the Consumer Electronics Show
Smart Actually Means Smart
RELATED: What CES Booth Babes Say About Gadget Fantasies
Last year the term "smart" affixed to a gadget-type generally meant Internet connected. This year, "smart" might mean something more, explains The Wall Street Journal's Don Clark. Now "smart" indicates "context awareness," a terrible piece of jargon that just means gadgets know more about you. Your whereabouts, what you like, and all that creepy goodness. While that already exists because of location based GPS, and stuff like that. Chip makers like Qualcomm are expected to announce new inventions that connect devices to sensors in our houses, bodies, and cars, giving them a "sixth sense," as Clark explains it.
RELATED: The Smart TV Fallacy
Forget Hardware
New gadgets might get a lot of the attention because we can see and feel a company trying to make something different. But this year, software is where it's at, according to The New York Times's Brian X. Chen. This year we will continue to see a lot of hardware, including more sad attempts by TV makers to make their product exciting again. But, instead of getting distracted by that stuff look at software related developments, suggests Wired's Mat Honan:
Look at the software support. Look for the products that are marvels of simplicity, whose software not only strips away layers of complexity in our lives, but is built with the future in mind — built to upgrade. Look for the products that can support all sorts of systems. Look for the products that don’t try to beguile you with speeds, or specs, or some sort of fancy new surface material. Look at the software.
Populist Tech Comes to CES
Thanks to Kickstarter, some of littler companies funded by the people will be showcasing their wares. Pebble, the company that started the crowd funded smart watch bubble, will have a booth, for example. Also out of Kickstarter, we have the useful fork that vibrates when you've eaten too much. It might not be game-changing consumer tech, but at least it's interesting?
We'll see if CES really lives up to all this potential, or if this was just a bunch of contrarian talk, once it gets underway tomorrow. Until then, at least we have something to look forward to.

Gadget can track location of checked-in luggage, says L.A. company

LAS VEGAS, Nev. - A Los Angeles-based company says it has developed a gadget that can help air travellers track the location of their checked-in bags.
The palm-sized Trakdot device, unveiled at the CES trade show in Las Vegas, can be slipped into a suitcase and let travellers know — by text message or email — if the bag has arrived at the same city as them, or has been misdirected somewhere else, says GlobaTrac LLC.
As well, a smartphone app alerts passengers as their bag approaches them on an airport carousel.
The company claims passengers using the device will be able to track their luggage globally — "anywhere mobile phones work."
The unit goes into a dormant mode once an aircraft exceeds 185 kilometres an hour, the company says.
The product will be available in stores across North America in March with a suggested retail price of about $50, says GlobaTrac. There are also activation and annual service fees.

iPad growth, Windows 8 ‘confusion’ projected to make PCs a niche product

It’s not hard to come across bearish assessments of the PC market, but Sterne Agee analyst Shaw Wu has delivered one of the most pessimistic projections of the PC market yet. As AppleInsider reports, Wu sent a new note to investors this week projecting PC shipments to grow by a mere 2% in 2013, as growth of both the Apple (AAPL) iPad and OEM “confusion” over how to best utilize Windows 8 takes its toll on Microsoft’s (MSFT) operating system market share.
[More from BGR: Smooth sailing is over for Apple]
“The feedback we have gotten from supply chain sources is that there is great confusion, as there are too many form factors (PC notebooks, tablets, ultrabooks, and convertibles) and most do not know what to build and will actually sell,” writes Wu, who also thinks that PCs will “become more of a niche” going forward rather than a staple of home and business computing.
[More from BGR: New ‘higher-end’ iPhone reportedly launching by June, low-end model could be coming as well]
Wu also thinks that Microsoft is more likely to see a growth in demand for Windows 7 machines from former Windows XP customers who will upgrade to new machines but who aren’t fully comfortable with Windows 8′s touchscreen capabilities.

Head Monster Lee rolls out new headphones

LAS VEGAS (AP) -- Headphone maker Monster's gadget show event was expectedly monstrously cheesy with a healthy dose of hype.
Head monster and founder Noel Lee skirted around a stage on a two-wheel Segway scooter at the International CES gadget show Monday, as celebrities, athletes and models touted the company's upcoming line of headphones to about a hundred journalists.
Taking the stage with him were New Orleans Saints' quarterback Drew Brees, rapper Nick Cannon, drummer Sheila E, model Tyson Beckford and boxer Sugar Ray Leonard.
Lee frequently urged the gathering to "give it up" for new products. Introduced at the show for the first time was a line called "Inspiration," which sported metal spikes on the headband.
"Oh, that's too kinky for me," Lee said. "Don't sit on your headphones."

Rabu, 09 Januari 2013

S.Africa's business confidence rises to 93 in December

JOHANNESBURG (Reuters) - Business confidence in South Africa rose in the last month of 2012, but registered a lower print year-on-year as confidence in Africa's economic powerhouse was eroded by labour unrest, a survey showed on Wednesday.
The Business Confidence Index (BCI) rose to 93 in December from 91.7 in November, the South African Chamber of Commerce and Industry (SACCI) said, adding that the fourth quarter of 2012 was the weakest of the whole year.
SACCI said there were signs of possible recovery seen towards the end of the year in areas such as bank lending, new vehicle sales and export volumes.
"The promise of improvements in confidence will only realize if the threats of continued labour protest activity, already revealed in the early days of 2013, are dealt with decisively," SACCI said.
South African police fired rubber bullets to disperse hundreds of striking farm workers in the western province on Wednesday, the first clash of a year that looks set to be dominated by fractious labour relations.

German industry production up less than expected

BERLIN (AP) — Industrial production in Germany, Europe's biggest economy, rose less than expected in November and not enough to offset a substantial fall the previous month.
The Economy Ministry said Wednesday that production increased by 0.2 percent compared with October, well short of the 1 percent gain economists had expected. The previous month's decline was revised to 2 percent from the initial reading of 2.6 percent.
Recent data have supported assessments that the economy contracted in last year's final quarter but that the weakness was likely only temporary. Germany remains in far better shape than many other countries in the 17-nation eurozone.
The November figures were pulled up by a 1.4 percent increase in production of investment goods such as factory machinery.

World stocks rise as Alcoa sees stronger demand

BANGKOK (AP) — World stock markets rose Wednesday after the fourth-quarter earnings season got off to a positive start in the U.S. with aluminum giant Alcoa forecasting higher demand for 2013.
Demand for aluminum has been hurt by the weak global economy, but Alcoa predicted a 7 percent increase in demand this year, slightly better than the 6 percent increase in 2012. Because Alcoa makes aluminum for so many key industries, investors study its results for clues about the health and direction of the overall economy.
"Regional markets are mostly firmer after the Alcoa result set the tone early in Asia," said Stan Shamu of IG Markets in Melbourne in a market commentary. "Alcoa's results are generally considered a bellwether for the global economy and the fact that the aluminum giant forecasts higher demand in 2013 appeased investors."
European stocks rose in early trading. Britain's FTSE 100 rose 0.4 percent to 6,075.35. Germany's DAX added 0.3 percent to 7,720.34. France's CAC-40 rose 0.4 percent to 3,721.74.
Wall Street appeared headed for gains, with Dow Jones industrial futures up 0.2 percent at 13,291 and S&P 500 futures rising 0.2 percent to 1,454.70.
In Asia, Hong Kong's Hang Seng advanced 0.5 percent to 23,218.47 after a downturn in the prior session, with sentiment helped by gains in mainland Chinese shares.
"Stability in China is helping. We are taking a lot of cues from China-Asia," said Jackson Wong, vice president of Tanrich Securities in Hong Kong.
Japan's Nikkei 225 index opened lower on a strengthening yen but reversed course as the currency slipped against the dollar. The benchmark in Tokyo gained 0.7 percent to close at 10,578.57.
Australia's S&P/ASX 200 added 0.4 percent to 4,708.10. South Korea's Kopsi was 0.3 percent lower at 1,991.20. Benchmarks in Singapore, Taiwan, Thailand, and the Philippines rose. Indonesia and Malaysia fell. Mainland Chinese stocks were mixed.
Analysts at Capital Economics said in a market commentary that "2013 has begun with more optimism about prospects for the global economy."
Among individual stocks, shares of Australian company Alumina Ltd., a joint venture partner of Alcoa, jumped 4.6 percent. Mitsubishi Heavy Industries Ltd. rose 5 percent in Tokyo. Hong Kong-listed China Railway Group rose 5.1 percent.
Major indexes surged last week after U.S. lawmakers passed a bill to avoid a combination of government spending cuts and tax increases that have come to be known as the fiscal cliff. The deal, however, remains incomplete, and trading has been cautious since then. Politicians will face another deadline in two months to agree on more spending cuts.
U.S. stocks closed lower Tuesday, before Alcoa's earnings report was released.
Benchmark crude for February delivery was down 16 cents to $92.98 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 4 cents to close at $93.15 per barrel on the Nymex on Tuesday.
In currencies, the euro rose slightly to $1.3085 from $1.3084 Tuesday in New York. The dollar rose to 87.62 yen from 87.19 yen.

Redskins coach slammed for playing injured Griffin

(Reuters) - Washington Redskins coach Mike Shanahan came under fire on Monday for leaving an ailing Robert Griffin III in Sunday's playoff loss to Seattle but rejected any notion that he risked the rookie quarterback's health.
Griffin only left Sunday's 24-14 loss to the Seahawks when he injured himself while trying to grab a bad shotgun snap in the fourth quarter, but critics are suggesting the face of the Redskins should have been taken out of the game earlier.
"Robert is our franchise quarterback. I am not going to take a chance on his career to win a game," Shanahan told reporters at a news conference on Monday.
"But I also know that when you have got the belief in the guy and you feel that he can play at a certain level and the doctor is telling you that he is OK to go in - then you have got to do what you think is right.
"If I didn't think he was right then he wouldn't have been in, its just that simple," added Shanahan, who said he spoke to team doctors on the sidelines on four occasions during the game.
Griffin, who led the Redskins to their first NFC East title since 1999, will head to Florida on Tuesday to see Dr James Andrews and have further tests after an MRI proved inconclusive.
Speaking after Sunday's loss, Griffin said he clearly told the coach he was able to play but conceded he had put himself at risk by playing with the injury.
"I think I did put myself at more risk by being out there but every time you step on the field, you're putting your life, your career and every single ligament in your body in jeopardy," said Griffin.
The Redskins had led the wild-card playoff game 14-0 in the first quarter but Griffin struggled through the rest of the game until walking off the field under his own power.
Shanahan said he was well used to criticism but it was clear he was stung by some of the commentary in the hours following the Redskins' home loss.
"As a head football coach, used to criticism, you make decisions based on what you think is the right thing to do. You listen to a lot of different people, you get their opinions," said Shanahan.
"Then you make the call and you have to do what you think is right. If people got a chance to be in your shoes, to be around the scenario then maybe they would understand the decisions you make.
"To think we are going to question (risk) a guy's career to win a game is crazy."
Shanahan said he had no indication about the seriousness of Griffin's knee injury but said the need for new scans was based on clarifying whether he had a recurrence of previous anterior and lateral ligament injuries.
"Anytime you have a former ACL or LLC and you take a look at the MRI, sometimes it is old injuries, that is why he is going to fly down to see Dr Andrews and get some new MRIs get a physical examination.
"Right now, everything is total speculation," he said.
Andrews caused controversy on Sunday when he contradicted Shanahan by saying he had not authorized Griffin's return to the game after being injured in an earlier game - the December 9 regular season win against the Baltimore Ravens.
Shanahan repeated his stance that Griffin had been given clearance by Andrews and when asked if the doctor's comment put him in a bad spot he said "Sure does, sure does."

Bills' Marrone feels he's 'best person for job'

ORCHARD PARK, N.Y. (AP) — It's been such a whirlwind of a week for Doug Marrone — from a bowl game at Yankee Stadium to NFL interviews in Arizona — that it was difficult for the Buffalo Bills new coach to get his bearings on Monday.
All that mattered was that he ended up in the state of New York, a place where the Bronx-born Marrone has always felt at home: Be it playing and then coaching at Syracuse, and now getting his first NFL head-coaching shot in Buffalo.
"I had some opportunities to make a choice, and I've chosen to be here," Marrone said, shortly after being introduced as the 16th coach in the Bills' 53-year history. "You have to be at the place where you're most comfortable, and I'm most comfortable here in western New York."
Capped by a 38-14 win over West Virginia in the Pinstripe Bowl on Dec. 28, Marrone went 25-25 in four seasons at Syracuse. He was credited for reviving a program that had gone 26-57 in its previous seven seasons.
In Buffalo, the 48-year-old Marrone takes over a week after Chan Gailey was fired following three consecutive losing seasons.
Marrone becomes the Bills' fifth coach in 12 years, and inherits a franchise that newly promoted team president Russ Brandon described as having a "tarnished" reputation.
"We wanted to identify top talent to lead this organization to where all of our fans and stakeholders deserve to be, and that's back to a championship contender," Brandon said. "And we believe we just did that."
Marrone was the second of only five candidates Buffalo interviewed over a four-day span in Arizona as part of what Brandon vowed would be an "exhaustive" search.
Brandon described the search as being "thorough" and "exhilarating," noting the Bills met with Marrone four times before identifying him as their candidate on Saturday.
General manager Buddy Nix went further in saying the Bills didn't have time to waste or risk missing out on Marrone.
"We could have gone another day, and we would have been starting over," Nix said. "We knew the guy we wanted when we interviewed him. And there he is. So why go further?"
Marrone also interviewed with the Cleveland Browns, and was also linked as a potential candidate for job openings in Philadelphia and San Diego.
Marrone's challenge in Buffalo is turning around a team whose 13-season playoff drought is the NFL's longest active streak, and a team that's not had a winning record since 2004, when it finished 9-7.
"I'm not going to talk about the coaches that were before me, and I don't know what their philosophy was. But I do understand the responsibility that I have," Marrone said. "I'm excited about this. I've done this before. I've been in this league as a player, been here as a coach. I've gone through this change. And I'm excited to work with the players in this change."
Described as a no-nonsense disciplinarian, Marrone returns to the NFL where the former offensive lineman spent two seasons as a player, and seven more as an assistant. He was an offensive line coach with the New York Jets from 2002-05. He then served as the New Orleans Saints offensive coordinator from 2006-08, where his arrival coincided with the team signing star quarterback Drew Brees.
The Bills also interviewed former Chicago Bears coach Lovie Smith, former Arizona Cardinals coach Ken Whisenhunt, Cardinals defensive coordinator Ray Horton and Oregon coach Chip Kelly.
The Bills were scheduled to meet with Mike McCoy in Denver on Saturday, but the Broncos offensive coordinator postponed the interview.
Marrone has had little time to enjoy a 38-14 victory over West Virginia in the Pinstripe Bowl, which he called his "greatest win." On Dec. 31, after driving home, he attended the men's basketball game in which the Orange beat Central Connecticut, 96-62. He celebrated new year's eve at Orange coach Jim Boeheim's home. Soon after, his phone started ringing with news about potential job offers.
As a result, Marrone on Monday was short on answers when it came to his vision regarding the Bills.
He said he'd have to begin looking at film before determining the status of starting quarterback Ryan Fitzpatrick, who's future in Buffalo is in question. Nix has already said he intends to improve the position in the draft and potentially in free agency. Fitzpatrick is also due a $3 million bonus in March from the six-year, $59 million contract extension he signed in October 2011.
It was too early to ask Marrone about who he might hire as assistants. He would only say he's looking for coaches with NFL experience to fill his two coordinators' jobs.
Same thing about how Marrone intends to improve a high-priced but underachieving defense that was one of the NFL's worst during Gailey's three seasons.
"I'm excited to get back to work soon," Marrone said. "It's a lot of responsibility. I feel I'm the best person for this job."
___

Chiefs introduce Andy Reid as new head coach

 at Arrowhead Stadium Monday, Jan. 7, 2013, …more
RELATED CONTENT
   
Enlarge Photo
New Kansas City Chiefs NFL team …
Enlarge Photo
New Kansas City Chiefs NFL team …
KANSAS CITY, Mo. (AP) — The first call that Andy Reid received came from Chiefs chairman Clark Hunt.
Reid had just been dismissed after coaching the Eagles for 14 seasons, and was back at his office after addressing his team one last time. The phone rang and Hunt was on the other end, asking whether Reid would be interested in a face-to-face meeting two days later.
"There are certain families that stand out, and the Hunt family is just tops," Reid said of the family that founded the franchise 53 years ago. "They're phenomenal."
The meeting was set for Wednesday in Philadelphia, and Reid's agent Bob LaMonte figured it would take about three hours. But when Reid got in front of Hunt, the two hit it off so well that time kept slipping away — four hours, then six, then eight hours of conversations.
After nine hours, it became clear that Reid would be the Chiefs' next coach.
He was introduced on Monday at a packed news conference at Arrowhead Stadium, taking over a once-proud franchise that went 2-14 last season and hasn't won a playoff game since 1993.
"There was a certain energy that started with Clark and radiated through the other people I met with, and it was just great," Reid said. "You got the feeling that this was right. It was the right thing to do. It made the decision easy. I crossed my fingers that I'd be offered the job."
Reid agreed to a five-year deal, a person with knowledge of the contract told The Associated Press. The person spoke on condition of anonymity because the terms were not disclosed.
He takes over for Romeo Crennel, who was fired Monday after his first full season.
"Sometimes change is good," said Reid, who coached the Eagles to a 4-12 record this season, dragging down his career record of 130-93-1. "It could be tremendous for the Philadelphia Eagles, and at the same time, I think it's going to be tremendous for the Kansas City Chiefs."
Reid said he's met with the current Chiefs assistant coaches, but would not say whether any of them will be retained. Reid did say he plans to bring along some of his staff from Philadelphia, and quarterbacks coach Doug Pederson is one of the hot names.
Reid also said he'll sit in on interviews for the Chiefs' general manager, but he'll leave the final decision up to Hunt. The Chiefs parted ways with Scott Pioli on Friday after four tumultuous seasons, just hours before Reid agreed to his deal.
Among the candidates for the job are former Browns general manager Tom Heckert and longtime Packers personnel man John Dorsey, both of whom have a history with Reid.
Reid said he's already started to dig into the current Chiefs roster — he had already watched video of all 16 games last season by the time he was interviewed. And he said he's buoyed by the fact that the Chiefs have five players who were voted to the Pro Bowl, and they'll have the No. 1 pick in the NFL draft for the first time in franchise history.
That should allow Reid and the Chiefs' retooled front office to start filling holes, the biggest of which is at quarterback, where Matt Cassel and Brady Quinn struggled all season.
"I'm going to dig in and look at that and we'll build that thing," Reid said. "We'll see how that works out, but I need to spend some time at that."
Reid certainly has experience in rebuilding a franchise.
The Eagles were 3-13 before he arrived in 1999. He drafted Donovan McNabb with the No. 2 pick in that year's draft, won five games the following year and then went 11-5 and finished second in the NFC East — the first of five straight seasons in which he won at least 11 games.
"When I look at the Chiefs, I look at the bigger picture. What are they truly about? What are they made of?" Reid said. "Every organization goes through a lull, personnel changes, players grow old, they change. Maybe a draft pick here or there didn't work, a free agent didn't work. That happens. What's the grit of the organization?
"I've been in this thing long enough to appreciate that," Reid said. "I came from a great organization. I wanted to make sure I had that opportunity to be again in a great organization."
That's part of the reason that Reid did his homework on the Chiefs.
In the time between Hunt's initial phone call and that first meeting in Philadelphia, Reid reached out to former Eagles and Chiefs coach Dick Vermeil. Reid wanted to know about the Hunt family, about the organization and whether it might be the right fit.
"I just told him to go. That was the first thing," Vermeil told The Associated Press. "He asked, 'Well, can I win there?' And I said, 'Andy, you can win anywhere.'"
He ultimately chose to win in Kansas City.
After that lengthy meeting in Philadelphia, Hunt said he still wasn't sure whether Reid was truly on the hook. But the following day, Reid canceled an interview with Arizona and decided not to pursue interest from San Diego, and instead scheduled a trip to visit Kansas City.
When he arrived on Friday, he was tailed to Arrowhead Stadium by helicopters from local television stations. Every step he took was watched by fans that had been pining all season for change. A few of them even showed up with footballs, hoping to land his autograph.
He signed his name, adding "Go Chiefs."
Reid said he didn't consider taking some time off, despite a trying season on and off the field. His oldest son, Garrett, died during training camp after a long battle with drug addiction.
"I'm ready to go. This is what I do," he said. "Never took that into consideration."
It was something Hunt considered during that initial meeting. But it didn't take long for the soft-spoken coach with the bushy mustache — "Big Red" to those who know him well — to set the Chiefs chairman at ease, and convince Hunt he was the right man for the job.
"It was a very hard year on all of us, my family, the fans, everyone," Hunt said. "When you're not successful in the National Football League, change is coming. And I'm glad 2012 is in the rear-view mirror. We're onto 2013, and in Andy, we already have our first victory."
___

Senin, 07 Januari 2013

Japan stimulus plans include $4.9 billion business support: draft

TOKYO (Reuters) - Japan's new government will set up schemes worth nearly $5 billion to boost businesses, including helping them buy foreign companies, according to a draft economic stimulus package seen by Reuters on Monday that could be approved this month.
Prime Minister Shinzo Abe has made reviving the economy his top priority after his Liberal Democratic Party (LDP) won elections last month, combining aggressive monetary easing with fiscal spending to encourage investment and spur growth.
His spending promises have raised concerns that Japan's public debt burden, already the worst among major economies, could deteriorate further. Some economists say structural reforms might have a bigger impact after years of stop-start growth.
The Development Bank of Japan (DBJ), a state-backed lender, will administer a 150 billion yen ($1.7 billion) lending scheme to encourage firms to develop new technologies and collaborate on new business lines, the draft showed.
The stimulus package would also establish a 200 billion yen fund with the Japan Bank for International Cooperation (JBIC), another state-sponsored lender, to encourage foreign mergers and takeovers.
It also includes 83 billion yen in loan guarantees and low-interest-rate loans for small firms, the draft showed.
A LDP sub-committee approved the draft on Monday, and it could be approved by the Cabinet as soon as this week.
MORE DEBT
The government will set aside 100 billion yen for the lending scheme with the DBJ in an extra budget, and the state-backed lender will use its own capital for the remaining 50 billion yen, according to the draft policy .
Government expenditure for the scheme with JBIC will total 70 billion yen. Lending from JBIC and private-sector banks will account for the remaining 130 billion yen, the draft showed.
Abe had earlier instructed the finance minister to disregard limits set by the previous government that capped new debt issuance at 44 trillion yen, which has raised concerns about fiscal discipline.
The government will sell more than 5 trillion yen in new bonds for the stimulus, sources told Reuters, which would push issuance above the 44 trillion yen cap.
The remaining funds will come from unspent money from last fiscal year's budget and money originally allocated to servicing existing debt, the sources said.
The government in coming days will compile a 12 trillion yen extra budget with up to 10 trillion yen for stimulus and public works, the sources said. The lending schemes with DBJ and JBIC would be included in the 10 trillion yen.
Senior members of the LDP have said they want to spend some of the stimulus on repairing roads, tunnels and public schools, raising concerns the LDP is falling back on the excessive public works spending that was the hallmark of its more than half a century of nearly non-stop rule.

Global shares, oil dip, but growth prospects limit falls

LONDON (Reuters) - World stocks and oil prices eased on Monday ending a new year rally as some investors chose to book profits, but signs of a brightening global economic growth outlook limited the falls.
Wall Street looked to set to follow a similar path after the benchmark Standard & Poor's index surged to a five-year high on Friday when data showed employers kept up a steady pace of hiring in December and the vast services sector had expanded.
The numbers compounded the effect from the last-minute deal to avert a U.S. fiscal crisis reached at the start of the year and, along with surveys showing China's factory output rising, have boosted hopes for economic expansion worldwide in 2013.
"Overall, the market's positive trend is still intact," Lionel Jardin, head of institutional sales at Assya Capital in Paris, said of the trend in stocks. "The market is ripe for a pause, but with so much cash on the sidelines, there are a lot of buyers showing up each time we have a dip."
After touching a 22-month peak last week, the FTSE Eurofirst <.fteu3> index of top European shares was down 0.2 percent at 1,164 points. Britain's FTSE 100 index <.ftse> was down 0.3 percent, Germany's DAX index <.gdaxi> fell 0.5 percent and France's CAC 40 <.fchi> eased 0.6 percent.
Asia-Pacific shares outside Japan <.miapj0000pus>, which reached their highest levels since August 2011 on Thursday, eased 0.1 percent, while Tokyo's Nikkei share average <.n225> ended down 0.8 percent, just below a 23-month high.
MSCI's broad world equity index <.miwd00000pus> was down 0.15 percent but was still not far from an 18-month peak scaled when investors returned to the market after the immediate U.S. fiscal crisis was averted by a political deal in Washington.
Financial shares outperformed the broader market after the Basel Committee of banking supervisors agreed to give banks four more years and greater flexibility than previously envisaged to build protective cash buffers. That means they can use more of their reserves to lend and help economies grow.
The STOXX 600 European banking index <.sx7p> was up by 1.5 percent at 172.58 points while the STOXX euro zone bank index <.sx7e> gained 2.1 percent.
"This will remove major uncertainties for the banks and the financing of the economy," said Arnaud Poutier, co-head of IG Markets France. "It's positive for banking stocks, but also for the overall market."
Brent crude oil futures slipped 50 cents to $110.81 per barrel after rising 0.6 percent last week.
ECB LOOMS
Investors were turning their attention to the first major policy meetings of the year at the European Central Bank and Bank of England on Thursday. No rate moves are expected but new euro zone economic forecasts are due.
Some analysts expect the ECB to point to the prospect of easier rates early this year after the meeting, contrasting with signals from U.S. Federal Reserve policymakers that it may pursue less accommodative policies in future.
The Bank of Japan is also expected to take major steps to stimulate that country's economy later this month as the new government aims to end deflation and recession.
The possibility of less monetary stimulus in 2013 from the Fed and more from the BOJ sent the dollar to a two-and-a-half year peak against the yen last week. However, profit taking saw it pull back on Monday by 0.3 percent to 87.87 yen.
The euro eased 0.3 percent to $1.3035 but was trading above a three-week low of $1.2998 hit on Friday. Analysts predicted it would stay around these levels until the outcome of ECB meeting is known.
"If the ECB doesn't cut rates we could see a minor uptick in the euro," said John Hardy, FX strategist at SAXO Bank. "The bigger risk going forward, however, is if they hint at the possibility of more easing, which will weigh on the euro."
DEBT STEADY
In the European bond markets, investors scooped up German government bonds after their steep falls last week as expectations changed over the Fed's next move.
Ten-year German cash yields were 2.2 basis points lower on the day at 1.522 percent. Other euro zone bond yields were steady to slightly higher as traders awaited debt auctions by Spain and Italy later in the week.
U.S. Treasury 10-year notes were mostly steady at 1.90 percent after reaching 1.975 percent on Friday in a sell-off fuelled by the expectations of less easy monetary policy this year.
Further moves are likely to be limited due to sales of three-year notes on Tuesday, 10-year notes on Wednesday and 30-year bonds on Thursday.
Gold was off its lows of last week but in line with equities and oil had eased slightly as investors focused on the outlook for U.S. budget talks and the Federal Reserve's quantitative easing program.
"The current discussion in the gold market is when the Fed would end quantitative easing," said Peter Fertig, analyst with Quantitative Commodity Research.
Spot gold was down 0.1 percent at $1,655 an ounce, though above Friday's $1,625.79, its lowest price since August.

Germany: economy grew by 0.75 percent last year

Germany's vice chancellor says the country's economy, Europe's biggest, grew by 0.75 percent last year and recent data send upbeat signals for growth in 2013.
The figure for last year compares with much stronger growth in 2010 and 2011 of 4.2 percent and 3 percent respectively. But Vice Chancellor Philipp Roesler describes it as "robust," while several other countries in the 17-nation eurozone experienced recessions.
In mid-October, the government forecast growth of 0.8 percent in 2012 and 1 percent this year.
Roesler said Monday that the final quarter of last year was "somewhat weaker than we expected," without elaborating. He noted, however, that recent industrial orders figures and other indicators suggest the weak phase was temporary.