четверг, 15 марта 2012 г.

Dallas-area mayor, teen daughter are shot dead

The mayor of an upscale suburb of Dallas and her teenage daughter were found shot to death at their home, city officials said Wednesday.

Police discovered the bodies of Coppell Mayor Jayne Peters, 55, and Corrine Peters, 19, around 7:45 p.m. Tuesday, city spokeswoman Sharon Logan said. Police found no signs of forced entry, Logan said.

"It appears that both suffered gunshot wounds to the head," said Logan.

Police officers went to their home after the usually prompt mayor failed to arrive at a city council meeting and did not call to explain her absence, Logan said.

The circumstances of the shootings remained unclear. The Dallas …

READINGS: BOOK REVIEWS

READINGS

BOOK REVIEWS

THE OCEAN CARBON CYCLE AND CLIMATE Mick Follows and Temel Oguz, Eds., 2004, 395 pp., $199.00, hardbound, Kluwer Academic/Springer-Verlag, ISBN 1-4020-2085-6

This edited volume represents the proceedings of a NATO Advanced Study Institute titled "The Ocean Carbon Cycle and Climate" that was held at the Middle East Technical University in Ankara, Turkey, 6-15 August 2002. Based on the ocean carbon studies of the Joint Global Ocean Flux Study and the World Ocean Circulation Experiment of the 1990s, the purpose of the Advanced Study Institute and subsequent book were to provide an overview of our present understanding of the ocean carbon cycle, its …

Police seek clues to South Korean warehouse fire that killed 40

Police questioned company officials Tuesday to determine the cause of a devastating fire at a cold storage warehouse that left 40 people dead and 10 others injured, some with severe burns.

The fire and accompanying explosions ripped through the nearly completed warehouse in Icheon, about 80 kilometers (50 miles) south of the capital, on Monday, spewing toxic fumes over the surrounding industrial zone.

The badly charred bodies were found hours later in the basement, where fire official Kim Jung-geun said some of the workers had been injecting urethane foam into the walls of the facility.

Police were questioning officials from more than 10 …

среда, 14 марта 2012 г.

Mideast talks yield 'not an inch'

A Palestinian rocket barrage, an Israeli army incursion in Gazaand a fresh land dispute in Jerusalem marred the first Israeli-Palestinian peace talks in seven years Wednesday.

Instead of building on the momentum of last month's high-profilepeace conference in the U.S., the two sides traded barbs andaccusations -- and wrapped up a 90-minute session without anyachievements.

An Israeli official described the atmosphere as "tense," and aPalestinian official reported "not an inch" of progress. …

After they had great time, should she call him up?

Dear Diane: Last month, I met a fine man at a two-day conventionhere in Washington, D.C. He showed me one of the best times I've hadin a long, long time, treated me beautifully, and made me feel like Iwas the most special woman in the world.

I found myself very attracted to him. He invited me to his roomand I went, but was hoping that what happened wouldn't. I did notcome to the convention looking for someone. I wasn't prepared forthis and neither was he.

I was disappointed, and it showed.

The next day, I sought him out and we had a quiet, casualconversation before we returned home, he to Vermont and I toVirginia. No mention was made of the latter part …

Tropical Storm Downgraded to Depression

SAN JOSE DEL CABO, Mexico - Tropical Storm Paul weakened to a tropical depression Wednesday as it swirled toward Mexico's mainland at the tip of the Baja California peninsula.

About 100 residents who were evacuated to government shelters in Cabo San Lucas returned to their homes, relieved the sun had re-emerged and they had been spared by Paul, which earlier in the week had been the season's third hurricane to threaten the region.

By the late afternoon, Paul had maximum sustained wind speeds of 35 mph and was 110 miles southeast of Los Mochis, in the Mexican state of Sinaloa.

The depression was forecast to continue weakening as it moved toward mainland Mexico at …

PCB chief to meet ICC officials

Pakistan cricket chief Ijaz Butt is to meet International Cricket Council officials later this month in a bid to solve their dispute over venues for the World Cup in 2011.

The ICC ruled in April that matches couldn't be staged in Pakistan as originally planned after an attack by gunmen on the Sri Lankan team bus in March that killed six policemen and a driver. The ICC has since re-allocated Pakistan's matches among the three other co-hosts _ India, Sri Lanka and Bangladesh.

However, the Pakistan Cricket Board has launched a legal challenge in a Pakistani court against the ICC's moves and has also sought to have its allocation of games played at a neutral venue in the United …

`Ritz' Puts It On Better Than Ever

"Puttin' On the Ritz" 2 and 8 p.m. Wednesday, 2 p.m. Thursday, 8:30p.m. Friday, 6 and 9 p.m. Saturday, 3:30 and 7:30 p.m. Sunday. ToJune 3. Drury Lane Theatre, 2500 W. 95th, Evergreen Park

$17 to $23 (dinner shows, $27 to $39) (708) 422-0404

`Puttin' On the Ritz," the musical revue inspired by the IrvingBerlin songbook, was an unqualified hit in its initial production atSkokie's National Jewish Theatre last season. But as beguiling as itmay have been the first time around, it is even better in its lavishremounting at the Drury Lane Theatre in Evergreen Park.

From the zippy opening number, "Alexander's Ragtime Band," tothe breathless finale - a tap dance …

Schalke signs goalkeeper Timo Hildebrand

GELSENKIRCHEN, Germany (AP) — Schalke has completed the signing of former Germany goalkeeper Timo Hildebrand on a free transfer until the end of the season.

The 32-year-old Hildebrand passed a medical Friday at the Bundesliga club, which was left looking for solutions with No.1 Ralf Faehrmann facing a lengthy injury layoff.

"It would have been too big a risk to have only two goalkeepers in Lars Unnerstall and Mathias Schober in the squad for an extended period. That's why we took this step," Schalke manager Horst Heldt said.

"With Timo Hildebrand we're getting a goalkeeper whose sporting qualities are known. He's at a good age for a goalkeeper and very …

UK judge OKs extradition in Colorado murder case

A British judge on Monday approved the extradition of a man wanted in Colorado on suspicion of the murder of his wife.

District Judge Howard Riddle rejected a claim by Marcus Bebb-Jones, 46, that a possible life sentence in the U.S. state would be a breach of his human rights. Colorado authorities had previously said they would not seek the death penalty.

The case now goes to the Home Secretary for a final decision.

Bebb-Jones' lawyer, Ben Cooper, said he would petition the Home Secretary to block extradition, and said there might be a further appeal in court.

"We will be making representations ... in respect of the risk of the …

Local sports

PREP HONORS

Gilbert's Caleb Lester piled on more yardage than many runningbacks might have in a month.

Lester was named The Associated Press state high school player ofthe week Monday after rushing for 338 yards on 27 carries in a 34-6victory over Hamlin.

Lester scored three TDs, including an 82-yard run on the firstplay from scrimmage, and had a pair of two-point conversion runs. Twomore first-half TD runs were called back by penalty.

"He understands the importance of his job and how it mixes intoour offensive strategy," Gilbert Coach Larry Cook said after thegame. On Sunday, Cook underwent emergency surgery following a gallbladder attack.

BOYS …

Pakistan protests NATO airstrikes on its territory

ISLAMABAD (AP) — Pakistan has criticized a pair of NATO airstrikes on its territory that killed over 50 militants, saying they were a violation of its sovereignty.

U.S. officials have said they have an agreement that allows aircraft to cross a few miles (kilometers) into Pakistani airspace if they are in hot pursuit of a target.

But Pakistan denied Monday such an agreement exists. The …

Judge: Casey Anthony must pay nearly $100,000 for cost of investigating her daughter's death.

ORLANDO, Fla. (AP) — Judge: Casey Anthony must pay nearly $100,000 for cost of investigating her daughter's death.

вторник, 13 марта 2012 г.

Marriott loses $23M in 1Q, adj. profit tops Street

Amid a restructuring as its timeshare and hotel business weakened, Marriott International Inc. lost $23 million in its first quarter but the adjusted results surpassed analysts' estimates, the company said Thursday.

Marriott's shares jumped $2.10, or 10.7 percent, to $21.69 in morning trading. The stock has traded between $11.88 and $37.29 during the past 52 weeks.

Like many lodging companies, Bethesda, Maryland-based Marriott also has struggled as budget-conscious travelers look for discounted rates, plan shorter trips or stay home during the recession.

"Not surprisingly, the lodging industry and Marriott International continue to feel the impact of the global economic downturn," Chairman and Chief Executive J.W. Marriott Jr. said in a statement.

The hotel operator lost 6 cents per share for the period ended March 27, down from a profit of $121 million, or 33 cents per share, a year earlier.

Excluding 23 cents per share in restructuring costs and charges related to softening lodging and timeshare demand, earnings from continuing operations were 24 cents per share. Results also included 7 cents per share for an income tax provision.

Marriott previously forecast net income of 13 cents to 15 cents per share.

Revenue slipped 15 percent to $2.5 billion, from $2.95 billion in the prior year.

Analysts surveyed by Thomson Reuters, whose estimates generally exclude one-time items, predicted profit of 14 cents per share on revenue of $2.5 billion.

While its adjusted earnings managed to beat analysts' expectations, revenue per available room _ a key gauge of a hotel operator's performance _ declined. Marriott posted a 19.6 percent drop-off in revenue per available room, a gauge known as revpar, for its comparable worldwide company-operated properties. Revpar for comparable systemwide properties fell 17.3 percent.

Adjusted timeshare contract sales fell to $157 million, which excludes a $28 million allowance for anticipated residential and fractional contract cancellations recorded in the quarter, the company said. Adjusted timeshare sales and services revenue dropped 31 percent to $226 million on softer demand.

Marriott offered a tentative earnings outlook, cautioning that its results are still difficult to predict.

For the second quarter, it expects earnings from continuing operations to be 20 cents to 23 cents per share, compared with Wall Street's consensus forecast of 26 cents per share.

For the full year, Marriott forecasts adjusted earnings of 88 cents to $1.02 per share. Analysts forecast a full-year profit of 88 cents per share.

Robert LaFleur of Susquehanna Financial Group said the company "did an exceptional job of wringing costs out of its operations in the quarter." He noted, however, that the company's forecast for the rest of the year does not seem to have improved.

"2009 is going to be a very difficult year for the lodging sector in general and (Marriott) in particular," LaFleur said. "The domestic business continues to deteriorate and international is following closely behind. The outlook for the timeshare business is very challenging."

Deutsche Bank analyst Chris Woronka also said the company's outlook "confirms that fundamentals remain very weak and visibility low."

Pacers deal made final: Bayless, Diogu to Portland

The Trail Blazers completed the draft-night deal that brought Jerryd Bayless and forward Ike Diogu to Portland, and sent Brandon Rush, Jarrett Jack, Josh McRoberts and cash to the Indiana Pacers.

The Blazers acquired the draft rights to Bayless, the 11th overall draft pick, while Indiana received the rights to Rush, the 13th pick. The deal was struck on June 26, but could not be formally announced until Wednesday.

Bayless, a 6-foot-3 guard, played one season at Arizona, averaging 19.7 points, 2.7 rebounds and four assists. Diogu, a 6-foot-9 forward who has been in the NBA three seasons, averaged 5.6 points and 2.8 rebounds in 30 games.

"Bayless will make our backcourt more athletic. He's a proven scorer and a tenacious competitor," general manager Kevin Pritchard said in a statement. "In Diogu we have a young NBA player with a whole lot of potential that really helps fill a positional need for us."

Jack played his first three NBA seasons in Portland, averaging 9.5 points, 2.5 rebounds and four assists. McRoberts averaged 1.5 points and 1.3 rebounds in eight games his rookie season. He was the 37th overall pick in the 2007 draft out of Duke.

(This version CORRECTS Corrects to Jerryd in lede.)

Cards Win 1st Game Since Hancock's Death

ST. LOUIS - Albert Pujols hit a go-ahead two-run double in the fifth inning, and the St. Louis Cardinals ended a five-game losing streak with a 3-2 victory over the Houston Astros on Friday night.

It was the Cardinals' first home game since relief pitcher Josh Hancock's fatal accident on Sunday. The team honored him with a video montage and put his initials and uniform number in a black circle against the bullpen wall not far from an identical remembrance of Darryl Kile, who died in 2002.

Before the game, about a dozen teammates gathered near the warning track in center field beneath the video board during the Hancock montage, and a sellout crowd observed a moment of silence.

The Cardinals were outscored 36-7 during a five-game skid, including a sweep at Milwaukee earlier this week in which the defending World Series champions were outscored 23-3 and fell to last place in the NL Central.

Adam Wainwright (2-2) allowed two runs and seven hits in six innings in his strongest outing since winning at Houston on April 6 in his first major league start. In his previous three starts, Wainwright was 0-2, allowing 17 earned runs and 27 hits in 15 2-3 innings.

Pujols' two-run double off Woody Williams (0-5) put the Cardinals ahead 3-2 in the fifth. Pujols is 18-for-44 (.409) with two homers and eight RBIs during a 12-game hitting streak.

The Astros used two hits, a walk and Carlos Lee's sacrifice fly to take the lead in the first, and made it 2-0 in the fourth on Humberto Quintero's two-out run-scoring single, his first RBI.

The Cardinals took the lead in the fifth, ending a 19-inning scoreless streak. Chris Duncan's two-out RBI single cut the deficit to one and Pujols hit a full-count pitch just inside the third-base line for a two-run double.

Jason Isringhausen, the fourth St. Louis pitcher, got the last five outs for his seventh save in eight chances. It's his first save longer than an inning since undergoing hip surgery last September.

Williams moved up a day in the rotation to replace Chris Sampson, who was experiencing sinus problems. He allowed three runs and five hits in six innings and is 1-3 against his former team.

Notes:@ The Cardinals have been outscored 19-3 in the first inning and have scored first in only seven of their first 27 games. ... Pujols is 4-for-7 with a homer against Williams. ... Lee has 20 RBIs in his last 20 games. ... Craig Biggio singled twice for his team-leading eighth multihit game and has 2,959 hits. ... The Cardinals improved to 4-9 at home.

Marshall, Von Steuben, Westinghouse, Simeon vie for city championship

One of the most exciting Public League boys basketball seasons in recent memory will have a fitting climax this weekend as the semifinals and championship game take place.

The semifinals will be at the DePaul Athletic Center Friday with Simeon taking on Marshall at 6:15 p.m. followed by Westinghouse taking on Von Steuben at 8:30 p.m. The two winners will advance to the Public League championship game Saturday at the United Center at 7 p.m. The title game will be televised live on Ch. 26

Although the winner of the Public League championship no longer receives an automatic bid to the state tourney, it still is something every school in the city shoots for.

"Winning the Public League title is still a big deal," says Marshall head coach Lamont Bryant. "You win this and you have bragging rights for the rest of the year. Winning the city title says that you are the best high school basketball team in the city."

Westinghouse enters the Final Four as the defending champion and odds-on-favorite to repeat.

Led by All-American 6-8 center DeAndre Thomas and a cast of outstanding players, such as Cory Custon and Marquis Johnson, the Warriors have rolled to a 23-3 record this season.

"We want to repeat as city champs, "Westinghouse head coach Quitman Dillard said.

"We feel we are the best team and will be disappointed if we don't do it."

The Warriors will be facing an upset-minded Von Steuben squad that is making its first Final Four appearance in three years. Guard Angel Santiago leads the 19-6 Panthers,

"Reaching the Final Four was one of our goals we set at the start of the season," Von Steuben head coach Vince Carter told the Defender. "Winning the city title was another goal. We want to accomplish that."

Marshall, behind the play of guard Patrick Beverly and forward Jerwin Calloway, are 20-6 coming into the Final Four, but the Commandos just might be playing the best of any team.

"The kids are tasting it now," Bryant said. "Before it was 32 teams, it was wide open. Now, with just four teams left, they are realizing just how close it is."

Simeon also has been on a roll. The Wolverines with a 23-4 record reached the semifinals with a big victory over Julian.

Sophomore star Derrick Rose, along with forward Tim Green and guard Tim Flowers, have led the way for head coach Robert Smith's squad.

"We're getting outstanding contributions from a lot of our players," Smith stated.

Notes: Up until Wednesday, the Julian Jaguars were 22-3 and were planning for next week's Class AA Thornridge sectional. But after center Nyal Koshwal was determined by Chicago Public Schools officials to have been out of elementary school five years - athletes are allowed to play up to four years after finishing - the team had to forfeit 19 of their victories, dropping their record to 3-22. The team will remain in the Class AA title picture because the Illinois High School Association ruled that the team is still eligible to play.

Article copyright REAL TIMES Inc.

US stocks head for higher after employment reading

U.S. stocks headed for a higher open Wednesday a day after a whiplash rally left investors awaiting fresh economic and corporate reports to determine whether the run-up will continue.

Stock futures advanced after payroll company Automatic Data Processing said private sector employment rose by 9,000 in July. Investors are eager for any insights into the July jobs report from the Labor Department on Friday.

They also ticked higher on news that the Federal Reserve is extending its emergency borrowing program to Wall Street firms. The central bank will also now allow commercial banks to bid on cash loans that last for 84 days, besides the 28-day loans that are now available. The original program allowing investments firms to turn to the Fed for a quick source of cash will now run through Jan. 30. The program, set up in mid-March, had been slated to run until mid-September.

The latest overtures from the federal government, some of which had been expected, nonetheless helped lift futures.

Dow Jones industrial average futures rose 78, or 0.69 percent, to 11,451. On Tuesday, the Dow rose 266 points, more than wiping out a nearly 240-point loss from the previous session.

Standard & Poor's 500 index futures rose 8.30, or 0.66 percent, to 1,270.00, and Nasdaq 100 index futures rose 15.00, or 0.81 percent, to 1,857.00.

Bond prices fell after the Fed announced its plans and as stock futures advanced. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 4.11 percent from 4.04 percent late Tuesday.

The dollar was higher against other major currencies, while gold prices fell.

Wall Street will continue to watch oil after it hit a two-month low Tuesday and led to the rally that more than made up for a sharp pullback in stocks Monday. Light, sweet crude fell 61 cents to $121.58 in premarket electronic trading on the New York Mercantile Exchange. A weekly Energy Department report is due Wednesday that should offer insights into domestic demand for energy.

Investors will also still see restrictions on a type of trade that can exacerbate a stock's decline. The Securities and Exchange Commission on Tuesday extended a temporary restriction on short-selling of the stocks of mortgage finance companies Fannie Mae, Freddie Mac and 17 big investment banks. The SEC said the ban on "naked" short selling will go through Aug. 12 and won't be extended.

Short sellers used borrowed shares and profit by correctly betting that they will fall. "Naked" short sellers, however, don't borrow shares before they sell them and try to cover their moves after they've placed their bets.

The cap, put in place on July 15 after a sharp drop in shares of Fannie Mae and Freddie Mac, helped calm the markets and drive a short-lived but substantial run-up in shares of financial companies.

Wall Street also received a mixed batch of quarterly reports from companies in a range of sectors.

Northrop Grumman Corp.'s second-quarter profit rose 8 percent as sales rose 10 percent on strong performance in the company's shipbuilding and aerospace segments.

Comcast Corp. said Wednesday its second-quarter profit rose 8 percent as cable TV rates rose and consumers ordered more digital and premium services. The results fell short of Wall Street's forecast.

Corning Inc. said its second-quarter earnings jumped on a one-time tax gain and strong demand for glass used in flat-screen televisions and computers. But the company issued a third-quarter sales forecast that missed Wall Street's target.

Office Depot Inc. said it lost $2 million in the second quarter, citing weak demand in North America. The office-supply retailer's results excluding items topped analysts' forecast.

Overseas, Japan's Nikkei stock average rose 1.58 percent. In afternoon trading, Britain's FTSE 100 rose 1.16 percent, Germany's DAX index advanced 1.37 percent, and France's CAC-40 jumped 1.85 percent.

___

On the Net:

New York Stock Exchange: http://www.nyse.com

Nasdaq Stock Market: http://www.nasdaq.com

Citigroup exec takes stand in NY EMI-buyout trial

NEW YORK (AP) — A Citigroup executive has taken the witness stand to share his side of the story in the civil trial resulting from the purchase of music company EMI by a British private equity firm in 2007.

The executive, David Wormsley, didn't get to say much Monday during a half hour of testimony because lawyer David Boies (BOYZ') spent most of the time showing him e-mails.

Boies is representing Terra Firma founder Guy Hands in his lawsuit accusing Citigroup of deceiving him into paying too much for EMI. Hands has said he believed there were multiple bidders when there was only one.

Hands completed three days of testimony earlier Monday. Terra Firma paid $4.9 billion for EMI, which Hands estimates to be worth 25 percent less now.

Riotous celebrations as Spain wins first World Cup

Spain erupted in wild celebration on Sunday after the national football team won its first World Cup following Andres Iniesta's extra-time goal in a 1-0 victory over the Netherlands.

An estimated 300,000 people formed a sea of red and yellow to pack Madrid's downtown Paseo de Recoletos boulevard to watch the final from Johannesburg on giant screens and celebrated at the final whistle as Spain became world and European champions.

The celebrations were easily the biggest ever held in living memory in Spain.

Fireworks lit up the city sky as people herded out onto the streets. Television shots showed exuberant partying in jammed town squares across the country, from Zaragoza in the northeast to Seville in the southwest.

Spain, long tagged a perennial underachiever before winning the 2008 European Championship to end a 44-year title drought, had never before gone past the quarterfinals. The team finished fourth at the 1950 World Cup when the playoff system was different.

Prime Minister Jose Luis Rodriguez Zapatero, whose poll numbers have dropped due to the country's economic woes, said he celebrated the win with some Catalan sparkling wine. It was a fitting toast for a team with so many players from his favorite club, Barcelona.

"We raised a glass of cava and a few tears came to my eyes, which is unusual for me, because I know how to control my emotions," Zapatero said. "They were 120 intense minutes for me. It was an epic victory. We all feared penalties. This is heroic and it will go down in the history of our country."

A deafening roar rose from Madrid, including the sound of blaring vuvuzuela horns imported from South Africa, when captain and goalkeeper Iker Casillas lifted the World Cup trophy at Soccer City.

Tens of thousands of people had put up with near 40 degree temperatures Celsius (104 Fahrenheit) from early in the day to claim the best positions before the giant screens in major plazas in towns and cities.

One banner amid the masses in downtown Madrid read "Octopus Paul, Forever!" with a crudely drawn picture of the octopus from Germany who had correctly forecast Spain's victory.

Traffic jams emerged spontaneously throughout the city as motorists took to the streets, honking their horns and waving Spain's yellow-and-red flag from windows.

Television images even showed hordes of people waving Spanish flags in Barcelona, where more than 1.1 million people protested on Saturday against a court ruling that their autonomous Catalonia region _ home to many separatists demanding a breakaway nation _ must remain a part of Spain.

The night sky of Alcorcon, a working class neighborhood of Madrid, was lit up by fireworks and the bar patrons toasted each other with beer and sangria on a sweltering summer night, dancing in the streets and dodging firecrackers tossed by other fans.

"It's just amazing, I almost don't believe it," said a beaming Feliciano Hernandez, a 25-year-old electrician. "I'm so proud, totally happy and living for the moment and not thinking about anything else right now."

Nacho Moreno, a 23-year-old waiter, danced in the street waving the Spanish flag he had kept wrapped around his head for luck during the game as cars drove by, honking their horns in salute. He said he would probably drink until dawn to celebrate.

"It's phenomenal! Spain won. I was real nervous but I knew it was possible," Moreno said.

Police helicopters hovered over Madrid into the early hours and riot police protected major monuments.

No major incidents were reported in the first hours following the match although hundreds of thousands of people still packed the streets of major cities and towns.

However, about 700 fans in the small northern Basque town of Barakaldo had their viewing of the game interrupted midway through the second half when the electricity feed to a giant screen in the town was cut by an act of vandalism, the private Europa Press news agency said.

Meanwhile, in the Netherlands, about 100,000 fans had crammed into a central Amsterdam square to watch the game.

"I feel very sad actually for the Netherlands. It is tragic, yes," said Olivier Denboor. "I imagined until the last minute that Netherlands could win."

In The Hague, fans wept and hugged at the final whistle and tossed handfuls of orange confetti into the air.

Chris Nielen, 38, a sales manager, has lived through the Netherlands' three World Cup final defeats.

"In '74, I was in diapers. In '78, we were closer when we hit the post in the second half. Now, we have to wait another 32 years," he said.

Arend-jan Meijer tried to put on a brave face.

"It's a great shame, but Spain was the better team. It's only football," he added, as he headed for home kicking his way through piles of plastic beer cups.

At the North Sea Jazz festival, singer Stevie Wonder tried to lift Dutch spirits.

"Holland is still the winner," Wonder said after one of his songs. "We don't cry, we don't cry."

___

Associated Press Writers Al Clendenning, Harold Heckle and Guy Hedgecoe, Mike Corder in The Hague and Art Max in Rotterdam contributed to this report.