Saturday, December 17, 2011

Grammy-winning singer Cesaria Evora dies at age 70 (AP)

LISBON, Portugal ? Cesaria Evora, who started singing as a teenager in the bayside bars of Cape Verde in the 1950s and won a Grammy in 2003 after she took her African islands music to stages across the world, died Saturday. She was 70.

Evora, known as the "Barefoot Diva" because she always performed without shoes, died in the Baptista de Sousa Hospital in Mindelo, on her native island of Sao Vicente in Cape Verde, her label Lusafrica said in a statement on its website. It gave no further details.

Evora retired in September because of health problems. In recent years she had had several operations, including open-heart surgery last year.

She sang the traditional music of the Cape Verde Islands off West Africa, a former Portuguese colony. She mostly sang in the version of creole spoken there, but even audiences who couldn't understand the lyrics were moved by her stirring renditions, her unpretentious manner and the music's infectious beat.

Her singing style brought comparisons to American jazz singer Billie Holiday. "She belongs to the aristocracy of bar singers," French newspaper Le Monde said in 1991, adding that Evora had "a voice to melt the soul."

Evora's international fame came late in life. Her 1988 album "La Diva Aux Pieds Nus" ("Barefoot Diva"), recorded in France where she first found popularity, launched her international career.

Her 1995 album "Cesaria" was released in more than a dozen countries and brought her first Grammy nomination, leading to a tour of major concert halls around the world and album sales in the millions.

She won a Grammy in the World Music category of the 2003 awards for her album "Voz D'Amor".

Evora, known to her close friends as Cize (pronounced see-ZEH), was the best-known performer of "morna," Cape Verde's national music. It is a complex, soulful sound, mixing an array of influences arising from the African and seafaring traditions of the 10 volcanic islands.

Evora was born Aug. 27, 1941, and grew up in Mindelo, a port city of 47,000 people on the island of Sao Vicente, where sailors from Europe, America, Africa and Asia mingled in what was a lively cosmopolitan town with a fabled nightlife.

The local musical style borrowed from those cultures, defying attempts to classify it.

"Our music is a lot of things," Evora told The Associated Press in a 2000 interview at her home. "Some say it's like the blues, or jazz. Others says it's like Brazilian or African music, but no one really knows. Not even the old ones."

Evora was 7 years old when her father died, leaving a widow and seven children. At 10, with her mother unable to make ends meet, she was placed in an orphanage.

"I didn't like it. I value my freedom," she told the AP.

At 16, when Evora was doing piecework as a seamstress, a friend persuaded her to sing in one of the many sailors' taverns in her town. As her popularity grew, she was also rowed out into the bay to sing on anchored ships.

She received no pay ? just free drinks. She used to smile when she recalled her fame as a heavy cognac drinker. And she sadly recalled the exact day ? Dec. 15, 1994 ? she had to give up drinking for her health's sake.

Evora didn't think much of her international stardom and she went back to Mindelo whenever she could. She rebuilt her childhood home, turning it into a 10-bedroom house where friends and family often stayed over, and she always made sure she was home for Christmas.

A heavy smoker for decades, Evora was diagnosed with heart problems in 2005. She suffered strokes in 2008 and in September 2011, when she announced she was retiring.

She had a son and a daughter by different men but never married. Family details were not immediately available.

Source: http://us.rd.yahoo.com/dailynews/rss/obits/*http%3A//news.yahoo.com/s/ap/20111217/ap_en_mu/eu_portugal_obit_evora

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U.S. Supreme Court petitioned to review AMP, et al. lawsuit on gene patents

U.S. Supreme Court petitioned to review AMP, et al. lawsuit on gene patents [ Back to EurekAlert! ] Public release date: 15-Dec-2011
[ | E-mail | Share Share ]

Contact: Don Hunt
dhunt@lambert-edwards.com
616-233-0500
Association for Molecular Pathology

Case challenges patents as dangerous roadblock to patient care, medical innovation

WASHINGTON, DC -- The American Civil Liberties Union and the Public Patent Foundation have petitioned the U.S. Supreme Court to hear Association for Molecular Pathology v. U.S. Patent and Trademark Office, a case that challenges the validity of patents on two human genes associated with hereditary breast and ovarian cancer.

The American Civil Liberties Union and the Public Patent Foundation originally filed the lawsuit on behalf of a coalition of professional organizations led by the Association for Molecular Pathology (AMP), and representing over 150,000 physicians and scientists, against licensees and patent holders Myriad Genetics and the University of Utah Research Foundation, as well as the U.S. Patent and Trademark Office. Other plaintiffs included individual physicians and scientists, genetic counselors, women's groups and patients.

The lawsuit argued that as "products of nature", genes are ineligible for patenting under Section 101 of the U.S. Patent Act. In addition, the suit asserted that process claims involving comparison of mutated and normal sequences are also invalid. Finally, the plaintiffs challenged the issuance of the patents on Constitutional grounds, contending that the encumbrances placed by the patents on scientific inquiry and medical care violate Article I, Section 8, Clause 8 and the First Amendment.

In March, 2010 a district court granted summary judgment for the plaintiffs, ruling that human genes and the sequence comparison claims are not patent eligible under Section 101. A divided Court of Appeals for the Federal Circuit last July reversed in part, holding that the gene sequences at issue are patent eligible as "isolated human DNA." However, the Appeals Court affirmed the lower court's finding of invalidity of the comparison, or correlation, claims as unpatentable mental processes.

The patents granted to Myriad give the company the right to exclude others from sequencing the genes or performing other diagnostic tests on BRCA1 and BRCA2. In effect they grant Myriad a monopoly on both medical and research testing for familial breast and ovarian cancer caused by these genes.

"That pathologists can be excluded from 'looking at' or 'reading' a patient's DNA sequence to characterize or assess the risk for disease is akin to prohibiting a physician from taking a patient's pulse to see if his or her heart is beating," said Mary Steele Williams, Executive Director of the Association for Molecular Pathology. "I think that the fact that patients can be prevented from accessing the information contained in their DNA would offend most people's conceptions of individual rights and personal liberty."

AMP is optimistic the Supreme Court will follow its precedents that render natural products, natural laws, and natural phenomena ineligible for patent protection. Only by upholding the prohibition on patenting laws of nature can the patent system foster competition and advancement in test development, and thereby usher in the era of personalized medicine.

"Gene patents are a barrier to innovation in molecular testing because they grant monopolies in diagnostic testing for key biologic relationships in inherited diseases and cancer," said Roger D. Klein, MD, JD, AMP Professional Relations Committee Chair. "One cannot invent around gene patents. Excluding medical practitioners from independently accessing the information contained within the genes of their patients, and the subsequent loss of competition this implies, results in higher test prices, decreased patient access, and diminished innovation in the development of new test methods. The overall effects on patient care are resoundingly negative."

AMP is deeply concerned about potential restrictions on physician and patient access to information that could inform care, and the chilling effect gene patents have on medical research.

"Because information about gene sequences is so fundamental to elucidating the cause, progression and treatment of disease, patent holders can essentially gain ownership of the understanding of some diseases and of certain areas of patient care itself," said Iris Schrijver, AMP President. "Even the possibility of enforcement by a patent holder creates a chilling effect, as pathologist s become reluctant to perform testing procedures that could benefit patients."

###

About AMP

The Association for Molecular Pathology (AMP) is an international medical professional association dedicated to the advancement, practice, and science of clinical molecular laboratory medicine and translational research based on the applications of molecular biology, genetics, and genomics. For more information, please visit http://www.amp.org.



[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


U.S. Supreme Court petitioned to review AMP, et al. lawsuit on gene patents [ Back to EurekAlert! ] Public release date: 15-Dec-2011
[ | E-mail | Share Share ]

Contact: Don Hunt
dhunt@lambert-edwards.com
616-233-0500
Association for Molecular Pathology

Case challenges patents as dangerous roadblock to patient care, medical innovation

WASHINGTON, DC -- The American Civil Liberties Union and the Public Patent Foundation have petitioned the U.S. Supreme Court to hear Association for Molecular Pathology v. U.S. Patent and Trademark Office, a case that challenges the validity of patents on two human genes associated with hereditary breast and ovarian cancer.

The American Civil Liberties Union and the Public Patent Foundation originally filed the lawsuit on behalf of a coalition of professional organizations led by the Association for Molecular Pathology (AMP), and representing over 150,000 physicians and scientists, against licensees and patent holders Myriad Genetics and the University of Utah Research Foundation, as well as the U.S. Patent and Trademark Office. Other plaintiffs included individual physicians and scientists, genetic counselors, women's groups and patients.

The lawsuit argued that as "products of nature", genes are ineligible for patenting under Section 101 of the U.S. Patent Act. In addition, the suit asserted that process claims involving comparison of mutated and normal sequences are also invalid. Finally, the plaintiffs challenged the issuance of the patents on Constitutional grounds, contending that the encumbrances placed by the patents on scientific inquiry and medical care violate Article I, Section 8, Clause 8 and the First Amendment.

In March, 2010 a district court granted summary judgment for the plaintiffs, ruling that human genes and the sequence comparison claims are not patent eligible under Section 101. A divided Court of Appeals for the Federal Circuit last July reversed in part, holding that the gene sequences at issue are patent eligible as "isolated human DNA." However, the Appeals Court affirmed the lower court's finding of invalidity of the comparison, or correlation, claims as unpatentable mental processes.

The patents granted to Myriad give the company the right to exclude others from sequencing the genes or performing other diagnostic tests on BRCA1 and BRCA2. In effect they grant Myriad a monopoly on both medical and research testing for familial breast and ovarian cancer caused by these genes.

"That pathologists can be excluded from 'looking at' or 'reading' a patient's DNA sequence to characterize or assess the risk for disease is akin to prohibiting a physician from taking a patient's pulse to see if his or her heart is beating," said Mary Steele Williams, Executive Director of the Association for Molecular Pathology. "I think that the fact that patients can be prevented from accessing the information contained in their DNA would offend most people's conceptions of individual rights and personal liberty."

AMP is optimistic the Supreme Court will follow its precedents that render natural products, natural laws, and natural phenomena ineligible for patent protection. Only by upholding the prohibition on patenting laws of nature can the patent system foster competition and advancement in test development, and thereby usher in the era of personalized medicine.

"Gene patents are a barrier to innovation in molecular testing because they grant monopolies in diagnostic testing for key biologic relationships in inherited diseases and cancer," said Roger D. Klein, MD, JD, AMP Professional Relations Committee Chair. "One cannot invent around gene patents. Excluding medical practitioners from independently accessing the information contained within the genes of their patients, and the subsequent loss of competition this implies, results in higher test prices, decreased patient access, and diminished innovation in the development of new test methods. The overall effects on patient care are resoundingly negative."

AMP is deeply concerned about potential restrictions on physician and patient access to information that could inform care, and the chilling effect gene patents have on medical research.

"Because information about gene sequences is so fundamental to elucidating the cause, progression and treatment of disease, patent holders can essentially gain ownership of the understanding of some diseases and of certain areas of patient care itself," said Iris Schrijver, AMP President. "Even the possibility of enforcement by a patent holder creates a chilling effect, as pathologist s become reluctant to perform testing procedures that could benefit patients."

###

About AMP

The Association for Molecular Pathology (AMP) is an international medical professional association dedicated to the advancement, practice, and science of clinical molecular laboratory medicine and translational research based on the applications of molecular biology, genetics, and genomics. For more information, please visit http://www.amp.org.



[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2011-12/afmp-usc121511.php

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Friday, December 16, 2011

COLLEGE HOOPS: No. 25 Grenadiers Storm Past Pomeroys

December 15, 2011

COLLEGE HOOPS: No. 25 Grenadiers Storm Past Pomeroys

NEW ALBANY ? The No. 25-ranked IU Southeast women's basketball team is back in the win column after besting St. Mary-of-the-Woods, 83-52, Wednesday night in the Activities Building.

Megan Murphy led the Grenadiers with yet another double-double, scoring 15 points and pulling down 14 rebounds. Four other Grenadiers scored in double-digits, including Tia Wineinger (14), Heather Wheat (12), Ashmere Woods (13), and Brooke Willoughby (15).

The Grenadiers led from tipoff to finish. The Pomeroys played tough and pulled within two points late in the first half, but the Grenadiers pulled away while hitting 50 percent of their shots in the second half.

Both teams attempted the same number of field goals (65), but the Grenadiers hit 43 percent of their attempts, compared to 29 percent shooting for the Pomeroys. The Grenadiers bounced back from being outworked on the boards in Saturday's loss to Purdue Calumet, and they outrebounded the Pomeroys 47-36 in the game.

The visiting Pomeroys' (6-4) Brittney Shaner came into the game averaging 23.5 points per game for St. Mary-of-the-Woods. The Grenadier defense held her to a team-high 14 points.

IU Southeast (9-4) heads to Berea Saturday for a 2 p.m. tipoff.

? Contributed

Source: http://newsandtribune.com/sports/x1207039980/COLLEGE-HOOPS-No-25-Grenadiers-Storm-Past-Pomeroys

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ECB chief Draghi: Governments must save themselves (AP)

BERLIN ? European Central Bank president Mario Draghi says there's "no external savior" for heavily indebted governments in the 17-nation eurozone and gave no indication the bank is ready to step in and support their finances.

Investors had hoped the ECB would increase its support for financially weak countries like Italy with bigger purchases of their government bonds once European leaders had agreed to tighten controls of national budgets.

So far, the ECB has made some purchases but kept them limited, stressing that governments must not rely on such help.

Draghi said governments had reached a "breakthrough for clear fiscal rules" at last week's summit, where 26 of 27 EU leaders agreed to seek a treaty toughening the enforcement of rules against excessive national debt and deficits.

But he offered no support for the notion that the ECB might now increase its bond purchases. Instead, governments need to take the tough steps to balance budgets and reform economies to promote growth.

"I will never be tired of saying that the first response ought to emanate from the country," Draghi said Thursday at a speech in Berlin. "There is no external savior for a country that doesn't want to save itself."

As a "firewall" to calm markets in the meantime, Draghi said, the EU has its newly strengthened bailout fund.

Draghi stressed that the purchases were "neither eternal nor infinite."

The purchases of the government bonds of Italy or Spain drive up their prices and push down their yields, or interest rates, which move in the opposite direction. The lower yields mean better terms when Italy or Spain sells bonds directly to investors at auctions.

"The crisis has not ended yet. It is now important not to lose momentum and to swiftly implement all those decisions that have been taken to put the euro area economy back on course," he said.

Investors were clearly disappointed with the EU summit's deal, with many economists noting it doesn't address short-term fears about whether governments will be able to borrow at affordable interest rates and pay off maturing debt in the next few months.

The euro has tumbled below $1.30 for the first time in 11 months, stocks have dropped, and the bond yields of Italy ? considered the next weakest link in Europe's debt crisis ? have edged up. On Thursday, markets were steady after Draghi's comments, suggesting they had prepared for the ECB to shy away from more aggressive action.

Draghi defended the EU summit's deal, saying it had drawn "comments that were more negative than it deserved."

He rejected any idea that the ECB should engage in so-called quantitative easing to support growth, as the U.S. Federal Reserve or Bank of England have done, although Draghi mentioned neither country by name.

Quantitative easing involves creating new money through purchases of securities from banks. More money in the economy can spur growth when an economy is slumping, but can cause inflation when and if growth picks up.

Draghi said the economies of countries that have done quantitative easing show no "stellar performances at all" when it comes to "unemployment, growth and especially inflation."

Jens Weidmann, Germany's top central banker, has vociferously opposed more aggressive action from the ECB, saying a bigger bond-buying program would violate the ECB's mandate to fight inflation and could compromise its legal independence. While the Bundesbank has only one vote at the ECB, analysts say vocal public opposition from Weidmann would be a serious obstacle for any U-turn by the ECB on bond purchases, since it would undermine its communication on the topic.

His position also has considerable support among economists and politicians in Germany, the eurozone's largest member.

Meanwhile, the volatility in financial markets and the tighter credit conditions are hurting the real economy. Draghi acknowledged that planned austerity measures in the eurozone will lead to a brief contraction in economic growth. He added, however, that the return of investors' trust and much-delayed economic reforms will mitigate the downturn.

Draghi stressed that the European Financial Stability Facility, the current EU bailout fund, would serve as the "firewall" against the crisis.

Governments have agreed on ways to increase the fund's lending power and are seeking outside investors such as countries in emerging markets to contribute to its lending power, so far without much progress.

Economists say the EFSF remains too small to counter the crisis that has seen Greece, Ireland and Portugal seek bailouts from other eurozone governments and the International Monetary Fund.

The ECB has served as lender of last resort for the banking system when financial institutes cannot borrow elsewhere, even as it refuses to play that role for governments.

Draghi noted the ECB is fighting to avoid a credit crunch by helping private-sector banks get more access to loans ? from as short as overnight to as long as three years. It has also cut the requirement for reserves that must be kept on deposit with the ECB, freeing up capital for banks. He said the use of those facilities should not create a "stigma" for those banks.

Uncertainty about economic policies and volatility on financial markets are among the factors causing banks trouble, making it more difficult for them to raise additional capital where needed and secure long-term funding.

"There is a general uneasiness as it was right after the Lehman Brothers case," he said, in a reference to the 2008 bankruptcy of the U.S. investment bank that was seen as a key trigger of the global financial crisis.

__

McHugh contributed from Frankfurt, Germany.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_bi_ge/eu_europe_financial_crisis

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Wednesday, December 7, 2011

Dog Loves Christmas Even More Than You Do


Safe to say someone doesn't need help getting into the holiday spirit.

In this video posted online, a lovable mutt expresses his love for all things Santa Claus and Christmas, jumping up and down repeatedly in a display of yuletide joy.

That or it's just a big fan of the film Elf starring Will Ferrell and Zooey Deschanel. Hard to blame the animal there if so. If you haven't seen New Girl, check it out.

For now, get yourself PUMPED for the holidays with this clip ...

Source: http://www.thehollywoodgossip.com/2011/12/dog-loves-christmas-even-more-than-you-do/

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Tuesday, December 6, 2011

Global carbon emissions reach record 10 billion tons, threatening 2 degree target

ScienceDaily (Dec. 4, 2011) ? Global carbon dioxide emissions from burning fossil fuels have increased by 49 per cent in the last two decades, according to the latest figures by an international team, including researchers at the Tyndall Centre for Climate Change Research, University of East Anglia.

Published Dec. 4 in the journal Nature Climate Change, the new analysis by the Global Carbon Project shows fossil fuel emissions increased by 5.9 per cent in 2010 and by 49 per cent since 1990 -- the reference year for the Kyoto protocol.

On average, fossil fuel emissions have risen by 3.1 per cent each year between 2000 and 2010 -- three times the rate of increase during the 1990s. They are projected to continue to increase by 3.1 per cent in 2011.

Total emissions -- which combine fossil fuel combustion, cement production, deforestation and other land use emissions -- reached 10 billion tonnes of carbon* in 2010 for the first time. Half of the emissions remained in the atmosphere, where CO2 concentration reached 389.6 parts per million. The remaining emissions were taken up by the ocean and land reservoirs, in approximately equal proportions.

Rebounding from the global financial crisis of 2008-09 when emissions temporarily decreased, last year's high growth was caused by both emerging and developed economies. Rich countries continued to outsource part of their emissions to emerging economies through international trade.

Contributions to global emissions growth in 2010 were largest from China, the United States, India, the Russian Federation and the European Union. Emissions from the trade of goods and services produced in emerging economies but consumed in the West increased from 2.5 per cent of the share of rich countries in 1990 to 16 per cent in 2010.

In the UK, fossil fuel CO2 emissions grew 3.8 per cent in 2010 but were 14 per cent below their 1990 levels. However, emissions from the trade of goods and services grew from 5 per cent of the emissions produced locally in 1990 to 46 per cent in 2010 -- overcompensating the reductions in local emissions. Emissions in the UK were 20 per cent above their 1990 levels when emissions from trade are taken into account.

"Global CO2 emissions since 2000 are tracking the high end of the projections used by the Intergovernmental Panel on Climate Change, which far exceed two degrees warming by 2100," said co-author Prof Corinne Le Qu?r?, director of the Tyndall Centre for Climate Change Research and professor at the University of East Anglia. "Yet governments have pledged to keep warming below two degrees to avoid the most dangerous aspects of climate change such as widespread water stress and sea level rise, and increases in extreme climatic events.

"Taking action to reverse current trends is urgent."

Lead author Dr Glen Peters, of the Centre for International Climate and Environmental Research in Norway, said: "Many saw the global financial crisis as an opportunity to move the global economy away from persistent and high emissions growth, but the return to emissions growth in 2010 suggests the opportunity was not exploited."

Co-author Dr Pep Canadell, executive director of the Global Carbon Project, added: "The global financial crisis has helped developed countries meet their production emission commitments as promised in the Kyoto Protocol and Copenhagen Accord, but its impact has been short-lived and pre-existing challenges remain."

* Values reported here are in billion tonnes of carbon. To convert emissions to billion tonnes of CO2, multiply the value by 3.67.

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The above story is reprinted from materials provided by University of East Anglia.

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Journal Reference:

  1. Glen P. Peters, Gregg Marland, Corinne Le Qu?r?, Thomas Boden, Josep G. Canadell, Michael R. Raupach. Rapid growth in CO2 emissions after the 2008?2009 global financial crisis. Nature Climate Change, 2011; DOI: 10.1038/nclimate1332

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://www.sciencedaily.com/releases/2011/12/111204144648.htm

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Decision time for EU, with euro's future at stake (Reuters)

PARIS (Reuters) ? The euro faces a decisive week as European Union leaders, urged on anxiously by the United States, seek agreement on a convincing rescue plan that has eluded them for two years.

Despite short-term market optimism about a possible deal to tackle Europe's sovereign debt crisis and underpin the survival of the single currency, the outcome is far from certain as the EU gears up for a summit in Brussels on Thursday and Friday.

"This week, the stable future of the euro and thus the economic recovery in Europe and employment are at stake," EU Economic and Monetary Affairs Commissioner Olli Rehn told Reuters. "This calls for a convincing package of measures from the European Council (summit)."

Portuguese Prime Minister Pedro Passos Coelho went further.

"We have to find a response" to the crisis, he told the daily Publico. "If we don't, clearly that could represent the end of the European Union."

If all goes according to plans being hatched in Berlin and Paris, the EU will have taken a step towards fiscal union by Friday night, agreeing on a treaty change to anchor coercive budget discipline for the 17-nation currency area.

The European Central Bank will have cut interest rates on Thursday to counter a looming recession and taken new measures to provide longer-term funding for Europe's teetering banks.

And new prime ministers in Italy, Greece and Spain will have demonstrated their commitment to tough austerity measures and structural economic reforms to tackle their debt problems and restore investor confidence.

World financial markets rallied last week on the prospect of such a masterplan after ECB chief Mario Draghi signalled that in response to a new "fiscal compact" in the euro zone, the central bank could act more decisively to fight the crisis.

A convincing show of political determination to stand behind the euro and surmount the crisis through closer euro zone integration could prompt the ECB to do more to support Italian and Spanish bonds, cementing that reversal of market sentiment.

"It all comes down to what the ECB does, and whether political leaders produce a sufficiently convincing plan to give the ECB a basis to intervene," a senior EU government source said, speaking on condition of anonymity to respect the independence of the central bank.

However, if the 27-nation EU is unable to agree, or settles for another half-measure after months of dithering, the flight from euro zone bond markets may accelerate, confidence may ebb further and the crisis could become acute in January, when Italy has to start a massive refinancing campaign.

The chief executives of leading Dutch multinationals published a joint newspaper ad warning it was now "one minute to midnight" for the euro zone.

"There is almost 1,000 billion euros in refinancing that needs to be done next year, while the risk premium on interest rates is increasing strongly. That means that it will be almost impossible for many countries to refinance. That indicates how urgent it is to take measures now," Frans van Houten, CEO of electronics giant Philips told TV programme Buitenhof.

MERKEL PERMISSIVE?

Underlining Washington's vital interest in averting a euro zone meltdown, U.S. Treasury Secretary Timothy Geithner will visit Frankfurt, Berlin, Paris, Marseille and Milan from Tuesday -- his fourth trip to Europe since early September -- to urge key European officials to take decisive action.

Sources close to German Chancellor Angela Merkel say she is prepared, despite hostility from the German Bundesbank, to see the ECB step up buying of troubled states' bonds as a short-term bridging measure until stricter budget controls take hold.

But things may not go entirely according to plan.

Merkel visits French President Nicolas Sarkozy in Paris on Monday to outline joint proposals on economic governance, but Berlin and Paris still have significant differences about how the euro zone would control national budgets.

Merkel wants to empower the executive European Commission to veto national budget plans that breach EU limits before they go to parliament, with automatic sanctions for deficit sinners and the possibility to take serial offenders to the European Court of Justice for punishment.

Sarkozy, struggling to win re-election next May, wants euro zone leaders to have the final say, with no new supranational powers for EU institutions.

Several other governments, notably Britain, Ireland and the Netherlands, do not want treaty change at all because of the domestic political risks. Some fear it would be hard if they have to win public backing in referendums.

European Council President Herman Van Rompuy, who chairs the crucial end-of-week summit in Brussels, will present options for stricter budget control without touching the treaty, as well as steps that would require amendments, aides said.

European Parliament President Jerzy Buzek warned last Friday that treaty change could be divisive and "dangerous." But diplomats say it is a political must for Merkel.

Veteran former German Chancellor Helmut Schmidt, 92, urged Germans on Sunday to soothe growing fears of German dominance in Europe and help rescue debt-stricken euro zone partners, warning that Berlin faced isolation otherwise.

For British Prime Minister David Cameron, the choice is between enraging eurosceptics at home by letting treaty change go ahead without winning a return of key powers to London, or seeing the 17 euro zone states reach a separate agreement outside the treaty that could cement a two-speed Europe.

SHORT-CIRCUIT

Germany and France want to short-circuit the complex treaty amendment procedure by wrapping the new budget procedures into a single amended protocol 14 on the euro zone. They hope to avoid a parliamentary convention and spare most, if not all, countries the need for a referendum on ratification.

That has outraged some lawmakers who say the EU's major powers are sidelining national parliamentary budget sovereignty without any democratic accountability.

In their defence, Paris and Berlin argue the debt crisis is an emergency that requires swift executive action to avert disaster, and that member states already signed up to the budget rules in the 1992 Maastricht Treaty.

New Prime Minister Mario Monti brought forward to Sunday a cabinet meeting to approve rigorous austerity measures and economic reforms designed to save Rome from requiring the next international bailout. And bailed-out Ireland will be presenting an eye-watering 2012 austerity budget.

Italy has become the centre of the debt crisis since yields on its 10-year bonds shot up above 7 percent, levels at which Greece, Ireland and Portugal were forced to seek EU/IMF help.

Government sources say Monti's mix of cuts and tax rises will total some 20 billion euros ($27 billion) over two years. About half will go to reduce the deficit and balance the budget by 2013 despite an economic downturn and rising borrowing costs.

The rest will free up resources to try to regenerate Italy's recession-bound economy.

On Tuesday, the Greek parliament is due to give final approval to a draconian 2012 austerity budget that is a condition for a second bailout package still under negotiation with private creditors, euro zone governments and the IMF.

On Wednesday and Thursday, centre-right leaders who control most EU governments meet in Marseille, France. That will provide the platform for incoming Spanish Prime Minister Mariano Rajoy to outline his commitment to radical budget cuts and economic reforms to restore Madrid's parlous public finances.

It will also give "Merkozy" -- as the Franco-German leadership team has become known -- a last chance to lobby reticent partners, with Geithner in the wings, to accept treaty change as a crucial part of the long-term plan to secure the euro before the summit starts with a dinner on Thursday evening.

(Additional reporting by Madeline Chambers and Andreas Rinke in Berlin, Catherine Hornby in Rome and Gilbert Kreijger in the Netherlands; Writing by Paul Taylor, Editing by Mark Trevelyan)

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/nm/20111204/bs_nm/us_eurozone

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