Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/167501927?client_source=feed&format=rss
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Wednesday, November 30, 2011
China cuts bank reserves in policy shift to lift economy (Reuters)
BEIJING (Reuters) ? China's central bank cut reserve requirements for commercial lenders on Wednesday for the first time in three years, a policy shift to ease credit strains and shore up an economy running at its weakest pace since 2009.
China's policy change came just hours before coordinated action by major central banks, including the Federal Reserve and the European Central Bank, to ease credit strains in world markets buffeted by the euro zone debt crisis.
Official concern is rising that the global economy is on a slippery slope as the euro zone struggles to decisively tackle its two-year crisis. Global markets rallied on the combination of central bank news.
China's central bank said on its website it lowered the amount of cash that banks have to set aside by 50 basis points, effective Dec 5. That cut the reserve requirement ratio (RRR) for the biggest banks to 21 percent from a record high 21.5 percent, freeing up funds that could be used for lending.
"This is a big move -- this is easing," said Stephen Green, China economist at Standard Chartered Bank in Hong Kong. "It's a clear signal that China is on a loosening mode. The next move will be another RRR cut in January."
The cut releases between 350 billion yuan and 400 billion yuan ($54.8 billion to $62.7 billion) into the banking system, analysts estimated.
The People's Bank of China (PBOC) joins the central banks of Brazil, Indonesia, Thailand and the euro zone, among others, in easing monetary policy, a reflection of the alarm that the euro zone debt crisis and a sluggish U.S. economy could drag the world back into a recession.
CREDIT CRUNCH
China's unusually high reserve rate requirements have made life difficult for private-sector companies. While they account for 75 percent of urban employment, they find it far harder to secure bank loans than politically well-connected state-owned enterprises.
Worried about a destabilizing jump in unemployment, Beijing is eager to lend them a hand. In recent weeks, China has seen a spate of major strikes in its export powerhouse in the Pearl River Delta.
Ten of 19 analysts in a Reuters poll on Tuesday had predicted China would cut its bank reserves in December by 50 basis points. Eight had expected a move in the first quarter of 2012 and one not until the second quarter.
Purchasing managers' data on Thursday could confirm the pressure on China's manufacturers from the global slowdown after a flash PMI from HSBC last week suggested the sector was shrinking.
As recently as the middle of 2011, China was still tightening monetary policy to combat stubbornly high inflation, which rose in July to a three-year high of 6.5 percent.
However, as the economy felt the chill of a slowdown in global activity and inflation eased, Beijing adopted a policy of "fine tuning" that included loosening credit for cash-starved small firms.
Beyond growth concerns, capital outflows driven by the global market jitters also help explain the central bank's move, said analysts. Capital inflows have been the main source of money supply growth in China.
"I think the move is partially driven by capital outflows in November. Also, it may indicate that the economy has weakened quite bit and that the official PMI reading does not look very good," said Zhiwei Zhang, China economist at Nomura.
There are fewer maturing central bank bills due in December, which also put strains on liquidity conditions for banks.
MORE EASING AHEAD
The cut in the reserve ratio was the first since December 2008 and marks a monetary policy shift to an easing bias.
"The move sends a clear message that the central bank is ready to relax its policy stance," said Shi Chenyu, an economist with the investment banking unit of Industrial and Commercial Bank of China.
The central bank could have achieved the same loosening on credit quietly, said Mark Williams, chief economist at Capital Economics in Britain.
"The fact that it chose to act in this more public way is a signal not only that policymakers are loosening but that they want to be seen to be doing so. Accordingly, we see this as a decisive shift in policy stance," he said in a note.
Ting Lu of Bank of America/Merrill Lynch expects the central bank to cut reserves requirements three times, by a total of 150 basis points, before the end of next year.
Analysts said the China news would boost riskier assets on hopes that easing policy in China will boost the country's demand.
World stocks jumped 2.6 percent on the combined news from global central banks and China markets are expected to rally when they open for trading on Thursday.
Few analysts expect China to start cutting interest rates anytime soon though.
China's interest rates are already negative when adjusted for inflation. Policymakers worry that cutting them now would only prompt savers to pull money out of the banking system in search of better returns elsewhere, thus crimping bank lending.
China's economic growth has eased for three straight quarters due to tight credit at home and flagging demand overseas. The economy grew 9.1 percent in the third quarter from a year earlier, its weakest pace since the second quarter of 2009.
Data since has suggested a further slowdown. The red-hot property market is showing signs of cooling as sales fell in October from a year earlier for the first time in six months.
A flash purchasing managers' index from HSBC on Nov 23 showed that China's manufacturing sector shrank in November, reviving worries of a hard landing for the world's fastest growing major economy.
HSBC releases the final figures on Thursday alongside an official survey that analysts forecast will show that the factory sector stalled in November.
Such data would back a forecast this week from the Organisation for Economic Co-operation and Development forecast that China's growth will slow in 2012 to below 9 percent for the first time in a decade.
(Additional reporting by Lu Jianxin and Shao Xiaoyi; Editing by Neil Fullick and Don Durfee)
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Europe delays major debt decisions for 10 days (AP)
BRUSSELS ? Under pressure to deliver shock treatment to the ailing euro, European finance ministers failed to come up with a plan for European countries to spend within their means. Such a plan is needed before Europe's central bank and the International Monetary Fund consider stepping in to stem an escalating threat to the global economy.
The ministers delayed action on major financial issues ? such as the concept of a closer fiscal union that would guarantee more budgetary discipline ? until their bosses meet next week in Brussels.
Stock markets fell Wednesday as a top EU official conceded that the future of the euro now rests heavily on the meeting of European heads of state on Dec. 9. Stock markets had risen this week on hopes that intense bond market pressure would finally force the eurozone into quicker and more robust action.
"We are now entering the critical period of 10 days to complete and conclude the crisis response of the European Union," EU Monetary Affairs Commissioner Olli Rehn said, adding: "There is no one single silver bullet that will get us out of this crisis."
At a meeting Tuesday night, finance ministers for the 17 countries that use the euro handed Greece a promised euro8 billion ($10.7 billion) rescue loan to fend off its immediate cash crisis and promised to increase the firepower of a fund to help bail out ailing eurozone countries.
But they failed to increase the firepower of a European bailout fund to euro1 trillion ($1.3 trillion), as they had hoped to do.
"It will be very difficult to reach something in the region of a trillion. Maybe half of that," said Dutch Finance Minister Jan Kees de Jager.
Klaus Regling, head of the bailout fund, tried to be upbeat, saying the ministers had committed to increasing its size from its current euro440 billion ($587 billion) but refusing to give a specific size. He assured reporters it was more than big enough to deal with Europe's immediate debt problems.
"To be clear, we do not expect investors to commit large amounts of money during the next few days or weeks," Regling said. "Leverage is a process over time."
The ministers did agree to use the bailout fund to offer financial protection of 20-30 percent to investors who buy new bonds from troubled eurozone nations.
"We made important progress on a number of fronts," eurozone chief Jean-Claude Juncker insisted late Tuesday. "This shows our complete determination to do whatever it takes to safeguard the financial stability of the euro."
Wednesday's meeting in Brussels has brought in the 10 non-euro finance ministers from the 27-nation EU, who have been pressing hard for a swift solution for fear that their economies will suffer.
Sweden's Anders Borg said there was no more time to waste and that the markets don't provide "any honeymoons" for any countries that stray from fiscal austerity. He stressed that Spain and Italy need to "take out all the skeletons" from their financial closets and implement budgetary belt tightening measures.
Many economists say the 17 nations that use the euro have little choice but to back proposals for much closer coordination of their spending and budget policies.
Though such a change would reduce their ability to run budget deficits, it could potentially pave the way for much more aggressive support from the European Central Bank.
"If the eurozone is to survive, there needs to be more fiscal union," said Eswar Prasad, an economics professor at Cornell University in the state of New York.
For struggling economies, this might be the necessary price of survival. With such discipline in place, the ECB could then agree to make major purchases of government bonds from Europe's troubled countries. Doing so could help lower their borrowing costs and enable them to finance their debts.
For now, the ECB has been reluctant to take such a frontline role, arguing that it's up to governments to sort out their fiscal mess. It's voiced worries that a big bond-buying program could allow economically reckless countries off the hook for painful spending cuts and tax increases.
But a tighter fiscal union could reassure the ECB and lead it to act more forcefully, said Jacob Funk Kirkegaard, a fellow at the Peterson Institute for International Economics.
The alternative could be a default by Greece, or even Italy, and a break-up of the eurozone. That could spark chaos, forcing some or all the countries to return to their own individual currencies.
A default could also cause lending to seize up worldwide. Some European banks holding large amounts of government debt would likely collapse. As credit dried up, other banks around the world would probably hoard cash. The credit crunch could push European countries into a deep recession.
A European downturn would also slow the flow of exports to Europe from the United States and Asia and weaken their economies. U.S. stock markets would likely fall, reducing household wealth and consumer spending and further choking growth.
Many economists say the threat of default means the International Monetary Fund might end up contributing to a bailout fund. An IMF spokesman denied Tuesday that the international lending group is consulting with the Italian or Spanish governments.
But the IMF could work with institutions like the ECB, Cornell's Prasad said. Funneling money through the IMF would be more politically palatable for the ECB than directly aiding individual countries.
Still, the IMF has only about $390 billion available to lend. That wouldn't be anywhere near enough to rescue Italy, which has $1.2 trillion in debt.
"In the short term, there is only the ECB," Kirkegaard said.
___
Associated Press writers contributing to this report included Angela Charlton in Paris, Melissa Eddy and Juergen Baetz in Berlin, Raf Casert and Greg Keller in Brussels and Christopher S. Rugaber in Washington.
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Witness Street Dance as you?ve Never Seen it Before. The Cream of the UK Street Dance Scene do Battle - Central London, 1st December
ULU, Malet Street, London, WC1E 7HY (PRWEB UK) 27 November 2011
The Serious About Street Dance (SAS?12) Battles feature the elite of Europe?s street dancers in face to face battles. World class performers that share stages with the likes of Madonna, Usher and P.Diddy will lock horns with members of Boy Blue Entertainment, Diversity, Flawless and Peridot, The night features two different contests each in a particular style: Krump and Bboy, with individuals and groups facing each other in various rounds of ?dance off? judged by experts. The winner of each contest goes through to the next round until we have a winner for each discipline on the night.
On Thursday 1st December, Serious About Street Dance host this extraordinary spectacle. It?s the BBoy and Krump competitions with legendary R&B and Hip Hop DJ Mikey J providing the beats and judges including Steady from Flawless, Kenrick ?H20? Sandy of Boy Blue Entertainment and Hooch of the globally renowned UK Bboy Championships. But come down and judge for yourselves as the very finest in street dance
Organiser and MC on the night will be the Queen of UK Street Dance herself, Kymberlee Jay. Kymberlee is a dancer, choreographer, teacher and all round Street Dance impresario who has worked with the likes of Madonna, Wyclef, Cheryl Cole, Misteeq and Kele Le Roc.
Witnessing top class Street Dance up close in this competitive arena is a true spectacle. Featuring incredible stunts, beat perfect moves and improvised musical interpretation; it?s the very best from the underground scene in the arena they were born to perform in. Come and see the phenomenon for yourself. It?s Bboy and Krump night, Battle style!
http://www.youtube.com/watch?v=P66BHvRarNU
Notes:
SAS ?12: The Battles Tickets cost ?7.50 in advance and ?10 on the door (http://www.superbadevents.com)
Kymberlee Jay is available for quotes and interviews between now and 1st December. Contact kym(at)hiphop(dot)com or 0783 451504
SAS is Serious About Street Dance. This is the leading event brand in UK street dance with an annual showcase at Indigo 02 featuring the best crews from all over the country in front of a live audience of thousands.
Serious About Street Dance is produced, put together and hosted by Kymberlee Jay (http://www.kymberleejay.com) the UK?s leading choreographer, dancer, host, TV presenter, and Street Dance entrepreneur.
NikeID the personalised trainer service from Nike, are supporters of this event.
http://nikeid.nike.com
###
Source: http://uk.prweb.com/releases/2011/11/prweb8992385.htm
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Yugoslavia's last PM dies aged 87 (AP)
ZAGREB, Croatia ? Former Yugoslavia's last Prime Minister Ante Markovic, who tried to prevent the country's bloody breakup in the 1990s, has died. He was 87.
Croatia's state HINA news agency, quoting unnamed family sources, said Markovic died early Monday in Croatia's capital Zagreb. It did not provide the cause of his death.
Dzevad Haznadar, his business partner in Bosnia's capital Sarajevo, said Markovic suddenly died in his apartment in Zagreb of yet unknown causes after suffering "minor cold" symptoms.
Markovic, a Croat born in Bosnia, became Yugoslavia's prime minister in March 1989, two years before the former communist country started unraveling along ethnic lines.
During his tenure, Markovic launched an ambitious program of pro-Western economic reforms, including privatization of state-run companies and stabilization of Yugoslavia's currency dinar. The result of his monetary reform was a halt to soaring inflation and temporary rise in the country's living standards.
Markovic was popular among Yugoslavia's liberals because of his reforms which brought the country to the threshold of the European Union. But he was hated by nationalists for his unifying stands and efforts to mediate between increasingly hostile leaderships of the six former Yugoslav republics.
In July 1990, Markovic formed a political party supporting a reformed Yugoslav federation. He was defeated in the elections by nationalist and separatist parties.
Before he resigned in December 1991 under the pressure from nationalists, Markovic tried to find a compromise between Slovenia and Croatia, the republics seeking to secede and Serbia which insisted that Yugoslavia remain a single entity. His efforts failed and the country plunged into a series of ethnic wars.
"He was always against war, against the breakup of the country," Bogic Bogicevic, the Bosnian member of Yugoslavia's collective presidency at the time of Markovic's tenure, said. "The others who wanted war and were for the breakup of the country were obviously more successful than him."
In 2003, he appeared as a prosecution witness at the war crimes trial of former Serbian leader Slobodan Milosevic at a tribunal in The Hague, Netherlands.
He testified that Milosevic and former Croatian President Franjo Tudjman both told him that they made an agreement on the eve of the war in Bosnia in 1991 to divide the former Yugoslav republic between Serbia and Croatia.
After the wars, Markovic dedicated himself to a business career and consulting for governments and banks.
He is survived by wife, a son and a daughter.
___
Associated Press writers Dusan Stojanovic in Belgrade, Serbia, and Sabina Niksic in Sarajevo, Bosnia, contributed to this report.
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Tuesday, November 29, 2011
Breaking News LYFE- Lyfe Communications Increases Revenues in ...
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Lyfe Communications, Inc. (OTCBB: LYFE)
Breaking News LYFE: Lyfe Communications Increases Revenues in Q3 SALT LAKE CITY, UT?(Marketwire -11/28/11)- Lyfe Communications, Inc. (OTC.BB:? LYFE.OB ?-? News ), a technology leader in the development of next generation media services integrating TV, high-speed Internet and enhanced voice services, announced financial results showing a substantial increase in revenues in the period ending September 30, 2011. The increases in revenues are a result of enhanced sales in the residential market, increased penetration in its MDU properties, and also from acquiring new rights of entry into new MDU properties. The company`s revenues increased 125% over the previous quarter ending June 30, 2011 and increased 153% over the same quarter in the previous year ending September 30, 2010. ?This is a great indicator of the direction the company is heading,? said Greg Smith, Founder and CEO of Lyfe Communications. ?We continue to demonstrate our ability to execute and prove our business model. Our team has worked diligently to cut costs and increase revenues, and we are seeing the results of our efforts.? This press release may contain forward-looking statements including the Company`s beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, changes in anticipated earnings of the company and other factors detailed in the company`s filings with the SEC. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.
Contact:
Connected Lyfe Garrett Daw Tel: 1-877-367-5933 garrett@connectedlyfe.com
StockGuru`s Profile for Lyfe Communications, Inc. (OTCBB: LYFE) This is the condensed version ? Full StockGuru Profile Found Here:
http://www.stockguru.com/about/lyfe/ ?
Lyfe Communications, Inc. (OTCBB: LYFE) is a technology leader in the development of next generation media services integrating TV, high-speed Internet and enhanced voice services.
Adaptive Technologies for Live ? Linear Television
The Company`s patent-pending innovations take traditional digital television delivery and convert it to an IP-based network and service operation. The result is dramatically lower cost of operation, new interactive capabilities, and delivery to any device, in any location, at any time. This represents a new architecture for the ?technology requirements for delivering real television to communities over existing IP connections.? All other TV delivery systems in use today (including satellite, cable and IPTV) require the operator to build a dedicated network to deliver the TV service. The ability to deliver linear television over existing networks without the need for new construction provides an incredible competitive advantage. Through Connected Lyfe, Inc., its primary customer acquisition, operations and services division, LYFE Communications is truly integrating television, ultra high-speed Internet and enhanced voice services for delivery over IP (Internet Protocol).
Adaptive Multicasting System Developed by LYFE Engineering A provisional patent has been filed that enables Live Television to be delivered using existing Networks.? Video can follow VOIP (Voice Over IP) distributed over standard IP connections.
Who Might Be Interested in this Technology
CISCO ? Provides technologies for media operations.? LYFE is the innovator of the next generation of some of those technologies:? adaptive network distribution to secure and authenticated vSTB (software or virtual Set Top Box).
Direct TV Satellite TV Operator ? All satellite providers around the world have a one way path; they cannot provide interactivity.? Without a dedicated terrestrial connection to the home, they need an adaptive technology to distribute video over existing IP connections.
Comcast, Time Warner Cable ? Incumbents are encumbered.? They have billions sunk in legacy systems and Set Top Boxes that cannot provide interactivity or scale.
Qwest/Centruy Link, ATT, Verison and Hundreds of Small Telcos ? Phone providers who want to provide TV but have diverse network connections.? Most existing connections are not capable of delivering traditional IPTV, but could be usable with an adaptive technology.
Connected Lyfe Connected Lyfe acquires high-speed data and voice consumers and from existing operators and then integrates its next generation television services, with voice and data access, into each market, offering the most innovative and compelling media and communications services to single family homes and MDU`s. Connected Lyfe is the foundation for many exciting, customer-valued IP services, for a rapidly growing market segment that lives ?always on and connected,? accessing all the people, information and entertainment in their lives, on their terms ? any time, any place on any device.
This is the condensed version ? Full StockGuru Profile Found Here:
http://www.stockguru.com/about/lyfe/ ? ? Contact Lyfe Communications, Inc. (OTCBB: LYFE) Garrett Daw Tel: 1-877-367-5933 garrett@connectedlyfe.com
Greg Smith CEO Lyfe Communications 912 West Baxter Drive Suite 200 South Jordan, UT , 84095 Website: http://www.connectedlyfe.com
http://www.connectedlyfe.com/company_investors.shtml ? ?
Lyfe Communications North Bay Resources Vuzix Corporation About StockGuru: The original service that has become StockGuru started in the late `90`s. At first if was our publisher sharing picks with his friends. Then it grew. Then it became a formal list in 2001. In 2002 it became a web site. In 2003 it became StockGuru. READ ALL ABOUT IT HERE . . ? ? Contact StockGuru: P: 469-358-5200 F: 214-975-1238 Publisher@StockGuru.com
This message was intended for ? You have received this message because you are subscribed to `Stock Guru` LYFE Disclosure: Pentony Enterprises LLC entered into an investor relations consulting and market awareness contract with LYFE. ? The Company arranged for us to receive $6400 from a prior investor relations firm, and additionally will be compensating us four hundred thousand restricted 144 shares of LYFE stock.? To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. The Company will compensate us a total of eight thousand dollars for coverage.? In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Pentony Enterprises LLC ? 1601 Berwick Drive ? McKinney, Texas 75070 ? (469) 252-3031.
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Do-It-Yourself (DIY) Investor: Long Term Care Insurance
As one who concentrates on investments and portfolio management I am very much aware that the process is carried out within the context of an overall plan. Plainly put, the investment program can be the exact fit for a client in terms of overall assets, risk tolerance, retirement goals etc. but something else can be totally out of kilter - sort of like a well fitted suit with a long loose thread hanging from the jacket sleeve. Such a thread for the DIY investor can be that taboo of subjects - Long Term Care.
The issue here is very simple. It has to do with "...The best laid plans of ,,,,". Again, everything can be in place but then a need for long term medical assistance can throw everything out of whack. The problem is that long term care is expensive as will be detailed in the following video. Think about it like this: suppose you move into the house of your dreams but you don't have homeowners insurance. Then, the house burns down. That could be the situation if you work hard to build the nest egg to the appropriate size and then need long term care.
Long term care is expensive. One thing some creative families have done is to have? children or other potential beneficiaries pitch in to pay the annual premium.? After all, in many cases, it is potentially an insurance on their likely inheritance.
I recommend watching the following excellent video by Christine Benz, Morningstar's Director of Personal Finance. Ms. Benz has a talent for explaining complex topics.
If you need specific info (and live in the Baltimore area) on choices available for you and their costs or even whether LTC is appropriate in your specific case I would recommend meeting with Sharon Kreiger. at sharon.kreiger@ltcfp.net? (223-275-1764). Ms. Kreiger's philosophy is to start with a meeting to basically educate a potential client on LTC.
Source: http://rwinvesting.blogspot.com/2011/11/long-term-care-insurance.html
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Palestinian president sets May 4 election (AP)
VIENNA ? Palestinian President Mahmoud Abbas has set May 4 as the date for general elections that are meant to end the division of between Hamas and Fatah.
The Palestinians have been divided between two governments since Hamas militants overran the Gaza Strip in 2007. Hamas controls Gaza, while Abbas' Palestinian Authority governs in the West Bank.
Abbas says a unity government of technocrats, chosen from both factions, will be formed to prepare for the elections. He spoke Monday in Vienna after meeting with Austrian President Heinz Fischer.
Fischer announced that Austria was upgrading the status of the Palestinian diplomatic representation. Now a PLO mission, it will be upgrade to a mission of the Palestinian Authority and be headed by an ambassador.
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altepper: RT @Colin_1234: Christmas Tree app virus hoax spreads on Facebook http://t.co/Q4g71hUe
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Monday, November 28, 2011
Red Hot Chili Peppers announce U.S. tour dates (Reuters)
LOS ANGELES (Reuters) ? Rock band Red Hot Chili Peppers on Monday announced six new dates beginning in January for the North American leg of their "I'm With You" world tour.
Concerts in North Carolina, South Carolina, Georgia and Tennessee have been added to the tour, according to a posting on the band's website. The tour kicked off in Bogota, Columbia in September and is expected to continue throughout 2012.
The "I'm With You" tour supports the Los Angeles band's tenth studio album, released in August this year, which includes singles such as "The Adventures of Rain Dance Maggie" and "Monarchy of Roses."
The latest tour also features the band's newest addition, guitarist Josh Klinghoffer, who replaced John Frusciante. Klinghoffer joined frontman Anthony Kiedis, bassist Flea and drummer Chad Smith in 2010 for their latest album.
Tickets for the new U.S. shows are due to go on sale on December 3, and the band's official website said more shows and ticket sale dates would be announced in the coming weeks.
(Reporting by Piya Sinha-Roy; Editing by Bob Tourtellotte)
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Eagles' freedom flight _'a really joyous moment' (AP)
STARVED ROCK STATE PARK, Ill. ? This crowd did not gather for a ball game or a protest, or to gawk at some sort of disaster. They came to the banks of the sleepy Illinois River to witness a little miracle ? a happy ending, or an anxious beginning, depending on how you look at it.
Two young bald eagles were about to be released into the wild, more than five months after a storm blew them 85 feet to the ground from their nest, high atop a tree in suburban Chicago.
The crowd, hundreds of people by now, watched eagerly as a small ferry came around a bend in the river and into view.
On it were a small group of naturalists with two shrouded crates that carried the eagles. They were headed for Plum Island, about 100 yards from the crowd that had gathered at Starved Rock State Park in rural northern Illinois.
As the crew carefully, and quietly, transported the crates onto land, the onlookers cheered, and readied their cameras.
"Great day," Dawn Keller said as she looked up at the blue sky on this recent warm, sunny November day.
Keller is the executive director of Flint Creek Wildlife Rehabilitation, an organization based in the Chicago area that rescued the eagles on Memorial Day. They were about 6 weeks old at the time.
Keller and her army of volunteers have rescued wild animals and countless birds ? hawks, turkey vultures, owls. But this was the first time they'd rehabilitated eaglets and helped them learn to fly. Indeed, the fact that this release was happening in a state like Illinois is a testament to how far the bald eagle has come in the last 40 years.
Once in danger of extinction due to loss of habitat and use of pesticides such as DDT, the bald eagle has made a remarkable comeback in many states where it had struggled. They include some you might expect ? Minnesota, Wisconsin, Washington and Maine, among them.
But the Mississippi River and the rivers that flow to and from it ? including the Illinois River ? attract a surprising number of bald eagles, many of which stay over winter because the waters where they fish don't freeze.
And Plum Island, once slated for a development of cabins and a marina until a local Audubon Society chapter purchased it, is now a protected sanctuary where eagles like to congregate.
"On a good day, you might see 40 or 50 eagles on this island in the winter months," says Marc Miller, director of the Illinois Department of Natural Resources. Eagle-watching at Starved Rock, he notes, now generates millions of dollars in revenue for the local economy around the park, also known for its scenic river bluffs and waterfalls and canyon hikes. Miller was among those who accompanied the eagles to the island.
But it was Keller, petite yet determined, who took on the task of releasing the eagles, both males with impressive wingspans already, but whose brown heads have yet to turn to the familiar white because they are still so young. Wearing thick rubber gloves, she opened a crate, as the first of the two eagles put up a healthy fight. That is as it should be, Keller, an experienced wildlife rehabilitator, later said.
"We raise the animals to be wild. None of them like us. None of them thank us ? and none of them pay bills," she quipped.
Saving animals is not cheap. Flint Creek Rehab already had a flight chamber for smaller birds, but had to have a 100-foot enclosure built for the eaglets. The total cost to raise them? About $20,000, not including food donations from a local grocery store.
Keller says it was well worth it to be able to experience this moment.
"Good luck, baby," she said, as the first eagle extended its wings and flew out of her arms. It soared over the crowd, then disappeared into a forest of oak and hickory trees on the island.
"Good luck, buddy," she said to the other, which made a bee-line for that same forest.
A mad rush of camera clicks echoed across the water each time.
Gloria Keeslar, a retired counselor from Rock Island, Ill., who has become a photographer and an eagle buff in recent years, was among those who captured images of each bird in flight. She had to be here, she said.
Even in below-zero weather, you will find her at a lock and dam near her home "clicking that shutter" in hopes of capturing an image of an eagle. She is nervous for these rescued eagles, but hopeful.
Because they are juveniles heading into the frigid winter, there is no guarantee they will make it. But, Miller from the Illinois DNR says, their chances of survival are greatly improved because they can learn to fend for themselves by watching the more experienced eagles that come here to dine on fish that pass through and congregate at a nearby dam.
These eagles have already done remarkably well, given the fact that they weren't even capable of flying when they were first rescued. At the time, rescuers built a new nest for them in hopes that their parents would come back and care for them. But that didn't happen.
Keller says it makes this release that much more satisfying because returning animals to the wild, whenever possible, is always the goal.
"Releases are really joyous moments for us. So I wasn't sorry to see them go," she said afterward. "I was really happy to see them go."
___
On the Internet:
Flint Creek Wildlife Rehabilitation Inc.: http://www.flintcreekwildlife.org/
U.S. Fish and Wildlife Service eagle information: http://www.fws.gov/midwest/eagle/recovery/biologue.html
___
Martha Irvine, an AP national writer, can be reached at mirvine(at)ap.org or via http://twitter.com/irvineap
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