The Evening Standard (London, England) articles from March 2004

The Evening Standard (London, England) archives from March 2004

This month in Odyssey.(Editorial)
March 1, 2004... We've all heard the frightening word "bioterrorism." Here at ODYSSEY, we believe that the best way to keep the "fear factor" at bay is to learn as much as you can about the weapons (infectious diseases) associated with this world threat....

Bioterror alert!(Science Scoops)(Brief Article)
March 1, 2004... Now, don't get too excited. This alert is to inform you that right now, the job market is wide open for anyone wanting to help combat bioterrorism. And although you obviously have a few years to go before you can grab such an opportunity, you...

The oldest planet.(Science Scoops)(Brief Article)
March 1, 2004... How about some "old" planet news? NASA's Hubble Space Telescope has confirmed the existence of the oldest known planet in our Milky Way galaxy. Its age comes in at a whopping 13 billion years! That's more than twice as old as Earth's 4.5...

Get your motor running!(Science Scoops)(nanotechnology)(Brief Article)
March 1, 2004... Quick! What's just 500 nanometers wide (that's 300 times narrower than a human hair), runs on electricity, and is totally synthetic? If you guessed the nanomotor, you're right! Alex Zettl (University of California, Berkeley) and his...

Odyssey reveals that Mars is all wet.(Science Scoops)(Brief Article)
March 1, 2004... That's NASA's 2001 Mars Odyssey spacecraft, not ODYSSEY magazine, of course. The spacecraft was launched on April 7, 2001, and arrived at Mars on October 24, 2001. Its primary mission: to map the amount and distribution of the chemical elements...

Walk this way!(Science Scoops)(water striders)(Brief Article)
March 1, 2004... One of the lingering mysteries of the insect world--how insects (such as water striders) seemingly skate across the surface of ponds, rivers, and oceans--has come to an end. The secret is out. John Bush, a mathematician at the Massachusetts...

Stratospheric memory!(Science Scoops)(Brief Article)
March 1, 2004... We've all done it... tried to forecast the weather by looking at the clouds. Indeed, even meteorologists primarily analyze conditions in the troposphere--the lowest layer of the atmosphere, where clouds and storms appear--to predict the...

The secret world of biological warfare.
March 1, 2004... These days, The Dalles, OR, is known for its windsurfing. In the mid-1980s, however, it had a very different reputation. Back then, it was the site of the first bioterrorist incident in the United States in modern times. The Indian cult...

The bugs: bacteria and viruses.(Brief Article)
March 1, 2004... Throughout this issue, you will read about various types of microorganisms. To many, microbes are simply bugs. But microbes come in several varieties. Those that cause disease are called pathogens, the two most important groups of which are...

Time line of terror.(bioterrorism )
March 1, 2004... With all the media coverage and hype about biological and chemical weapons and the potential use of these agents for mass destruction, it seems that a new age of warfare is upon us. In fact, armies have been using disease against their enemies...

The pathogen plate.(bioterrorism)(Brief Article)
March 1, 2004... The following are some of the pathogens most likely to be used in a bioterrorist attack: * Bacteria--anthrax (scientific name, Bacillus anthracis), plague (Yersinia pestis), tularemia (Francisella tularensis), and cholera (Vibrio...

The science of smallpox.
March 1, 2004... THE SMALLPOX VIRUS IS A BOMB. Variola major is large, spiky, and brick-shaped. Like all viruses, it needs to grow inside a host cell, and, unfortunately, humans provide them. Other animals also have pox viruses, including cowpox, monkeypox, and...

A shot in the arm--how vaccines work.
March 1, 2004... Ouch! Shots hurt. But they prevent you from getting sick. How? By teaching your body how to fight germs. Some vaccines contain a few germs of a specific disease that have either been killed or weakened, so the shots can't give you the disease....

Monkeypox and exotic pets.
March 1, 2004... Last summer, a young girl in Wisconsin was bitten by her pet prairie dog. She got a high fever and a sore throat. Her doctor confirmed that she had aa infection, with monkeypox--a close cousin of smallpox. It was the first case of monkeypox...

Making choices: the ethics of bioterrorism.(Activity To Discover)
March 1, 2004... Let's say you are walking down the street and a homeless man asks you to give him money. Is it "good" to do so? Will money help him get a meal, or will it keep him from seeking professional care or support? It's your ethical decision to make....

SARS: experiencing an epidemic.(Severe Acute Respiratory Syndrome)
March 1, 2004... Max plays tag at the park with Kyra and Luke, who have just moved to the United States from Singapore. When Max tags Kyra, she runs to her mother and whispers, "Mommy, that boy touched me. Now his germs are on me." The mother reassures Kyra....

Robert Koch and the hunt for anthrax.
March 1, 2004... Somebody purposely spread anthrax through the United States postal system two years ago, causing 22 infections. Five people died, and many others had to take antibiotics. More than anything, this terrorist succeeded in spreading fear. Anthrax...

Vaccine gambit.(Brain Strain)
March 1, 2004... It's 2040, and a bioterrorist's bacterium endangers Chicago. Romeo, a researcher with a newly developed vaccine, is located at a medical center in one cell of the 5x5 square array shown here. The array represents an aerial view of the...

Join the disease detectives.(Activity to Discover)
March 1, 2004... County General Hospital has just called you. Within the past hour, 10 people have come into the Emergency Room with suspiciously similar symptoms. It's up to you and your colleagues, Eppie Demi Ologist and Victor Vector, to figure out what to...

A growing fear: will agriculture be the next terrorist target?
March 1, 2004... Our nation is bracing for the next punch within our borders. Many experts believe that it might just land as a one-two blow to our middle... that is, to our Midwest, home of grazing cattle and amber waves of grain. The fear has a name:...

Doggie detectives earn their keep.(Brief Article)
March 1, 2004... A sensitive sniffer dog can earn a lot of treats if it works for the USDA. At America's borders, members of the Beagle Brigade sniff for fruit, plants, and meat being smuggled into the country. Foreign foods may be diseased or contain pests...

Plants as modern-day canaries.(Brief Article)
March 1, 2004... Miners used to carry canaries down mineshafts as protection. If the canaries got sick or died, it meant that toxic gases were present--and miners would scramble to escape. Researchers at Penn State are working on a genetically engineered...

Starry winter sky, vernal equinox, and the full worm moon!(What's Up)
March 1, 2004... The nights are getting shorter but the weather's getting warmer, and that's a good compromise! This month, you can get a great view of the winter stars and even a peek at some springtime constellations. Follow Orion, the Hunter, with his...

Make a stone sky calendar!(You Can Do Astronomy)
March 1, 2004... Thousands of years ago, before clocks were invented, many people used the location of the sun in the daytime sky to know what time it was. At night, they watched the motion of the stars. To measure daylight hours, ancient Egyptians used...

How to find the North Star.(Stargazing with Jack Horkheimer)(Brief Article)
March 1, 2004... GREETINGS, GREETINGS, FELLOW STARGAZERS! IT'S EASY TO FIND THE NORTH STAR, POLARIS, BY USING THE BIG DEEPER, WHICH NATIVE AMERICANS SAW AS A BIG BEAR! LOOK NORTH AT 9 P.M. ON THE FIRST DAY OF EACH SEASON... ... AND YOU'LL SEE... ...

Powering the future.(Countdown)(electricity supply)
March 1, 2004... Last August 14, the biggest blackout ever in U.S. history created chaos in the Northeast. From New York to Michigan and into Canada, 100 power plants shut down. Work halted in offices, malls, supermarkets, and restaurants. Trains and subways...

Oh no! Not bunnies!!(Animal Angles)(tularemia)(Brief Article)
March 1, 2004... That lucky rabbit's foot of yours isn't so lucky if it gives you tularemia, a disease now linked with bioterrorism. Also called rabbit fever or deer-fly fever, tularemia is caused by the zoonotic bacterium Francisella tularensis. Most...

U.K. TV Giant's Chairman-Elect's Staggering Pay-Off Rouses Investor Fury.
March 3, 2004... Mar. 3--Michael Green was paid a staggering UKpound 15 million by Carlton Communications after a shareholder revolt that forced him to stand down as chairman-elect of ITV. Investors reacted with fury as the figure was revealed today. The...

Lastminute.com Snaps Up Rival Online Travel Corporation for UKpound 55 Million.
March 3, 2004... Byline: Nick Goodway Mar. 3--Online travel group lastminute.com today made an agreed UKpound 54.9 million takeover offer for rival Online Travel Corporation. The move follows almost two years of on-off talks, writes. The all-share deal...

Founder to Take Back Seat at U.K. Pubs Chain.
March 3, 2004... Byline: Jim Armitage Mar. 3--Tim Martin, chairman and founder of pubs chain JD Wetherspoon, is stepping back from day-to-day running of the company. The long-haired Eurosceptic has been on sabbatical for the past six months and was due...

U.K. Service Sector Grows at Fastest Pace for Seven Years.
March 3, 2004... Mar. 3--Britain's service sector continued to power ahead in February, with incoming new business rising at the fastest rate for almost seven years. The latest CIPS/Reuters purchasing managers' report showed firms expect the good times to...

Evening Standard, London, Asian Markets Column.
March 3, 2004... Byline: Bill Condie Mar. 3--PROFIT-TAKING SENDS HONG KONG EXPECTATIONS AWRY: Things have not turned out quite as planned this week in Hong Kong, where it was expected that the annual results of banking giant HSBC would buoy the markets as...

Evening Standard, London, Business Briefs Column.
March 3, 2004... Mar. 3--FRIENDS PROVIDENT LAYS CLAIM TO FASTEST GROWTH: Despite posting a 13 percent fall in operating profits to UKpound 266 million for 2003, Friends Provident claimed today to be the fastest-growing life insurer in Britain. Market share was...

Evening Standard, London, Business Insider Column.
March 3, 2004... Mar. 3--GALLOWS humour at the Reuters Newsmakers meeting with economist Roger Bootle. After predicting a crash in house prices, Bootle said taxes were bound to go up. Anyone looking at the trend of public borrowing has got to see some causes...

Airline Tycoon Protests Feared Closure of Cinema in London's Notting Hill Area.
March 3, 2004... Byline: Robert Lea Mar. 3--Like a next-generation, Greek Cypriot mini-me of Richard Branson, Stelios Haji-Ioannou certainly has an unabashed eye for a publicity stunt. So it is that the 37-year-old airline tycoon is on the streets of...

Media Giant BSkyB Gets Supplies Early from Electronics Firm Amstrad.
March 3, 2004... Byline: James Rossiter Mar. 3--Electronics firm Amstrad today gave investors a second dose of good news in a fortnight as it announced that media giant BSkyB had started taking supplies of its new range of satellite TV set-top boxes...

Lloyd's of London Insurer Catlin Group Prepares for Market Float.
March 3, 2004... Byline: Steve Hawkes Mar. 3--Catlin Group will become the largest Lloyd's of London insurer on the stock market when it floats next month in a UKpound 700 million listing that nets founder Stephen Catlin an estimated UKpound 20 million...

Evening Standard, London, Market Report Column.
March 3, 2004... Byline: Mickey Clark Mar. 3--TOUGH TIME FOR FOOTSIE AS KEY NAMES GO EX-DIVIDEND: Share prices made heavy weather of it today in the face of a clutch of blue-chip companies going ex-dividend. They included British American Tobacco...

London to Begin Operating Mobile Phone-Based Lottery.
March 3, 2004... Byline: Nick Goodway Mar. 3--London will have its first mobile phone-based lottery by the end of the year, according to the company that will operate it via text messages and the internet. Million-2-1, which is expected to seek a...

British Building Society Software Company to Float on AIM.
March 3, 2004... Byline: Nick Goodway Mar. 3--One of the largest suppliers of software to the financial services industry is to be floated on the Alternative Investment Market for at least UKpound 30 million by its parent, Lynx. AttentiV (which...

Evening Standard, London, Chris Blackhurst Column.
March 4, 2004... Byline: Chris Blackhurst Mar. 4--When was it? When did I last interview Gerald Ratner? I suggest it was Christmas 1991, when I met him at his spanking new store in Piccadilly and he took me round, showing off his cheap jewellery and...

New U.K. Design Index Spans 63 Stocks.
March 4, 2004... Mar. 4--Sir Terence Conran has preached it for decades but today brings ultimate proof that companies which spend time and money on designing their products and services to attract consumers do much better than those that don't. Investors...

Boss of U.K. Furniture Group DFS to Back Buyout Bid with Family Cash.
March 4, 2004... Mar. 4--Former Tory party fund-raiser Lord Kirkham wants to take his DFS furniture group private and is prepared to back the buyout with as much as UKpound 150 million of the family fortune. "It's a massive chunk of the family wealth but we...

Bank of England Takes Soft Approach, Holds Interest Rates.
March 4, 2004... Mar. 4--The Bank of England bowed to expectations and left interest rates on hold today, amid signs that High Street inflation remains subdued. The decision to keep the base rate at 4 percent came despite evidence the housing market is in...

Toronto-Based Newspaper Group Hollinger Faces Collapse over Default.
March 4, 2004... Byline: Richard Thomson Mar. 4--Lord Black's Canadian company Hollinger Inc is heading for possible collapse if it fails to produce audited accounts within 11 days. Failure to file by 15 March would breach a covenant in a $120 million...

U.K. Agency Puts 1000 North Sea Oil, Gas Exploration Licences Up for Grabs.
March 4, 2004... Mar. 4--Oil and gas firms will be able to bid for more than 1000 North Sea exploration licences from today under the Department of Trade and Industry's latest licensing round -- the biggest for nearly 40 years. The DTI is also offering...

U.K. Retailer Marks & Spencer Move Shows There's Life in Corporate Bonds.
March 4, 2004... Byline: Patrick Hosking Mar. 4--After a rip-roaring 2003, times are suddenly quiet in the corporate bond market. Investor appetites have been dented by rising interest rates. The Parmalat catastrophe soured sentiment further. Companies...

U.K. Software Leader Sage Faces Shareholder Rebellion over Auditor Payments.
March 4, 2004... Byline: Jim Armitage Mar. 4--Sage Group, Britain's biggest software company, was today facing a possible post-Enron shareholder revolt over the amount of money it pays its auditors for non-audit work. Although it should arguably know...

U.K. High-Tech Firm Merant Bows to UKpound 206 Million California Bidder.
March 4, 2004... Mar. 4--Californian software firm Serena has launched an agreed UKpound 206 million cash-and-share takeover bid for British group Merant. Under the deal approved by the boards of both companies, Merant shareholders are to receive 136.5...

AMP Waves Farewell to UK with UKpound 2.25 Billion Loss.
March 4, 2004... Byline: Bill Condie Mar. 4--AMP declared its ill-fated British adventure over today -- but not before announcing a loss of A$5.5 billion (UKpound 2.25 billion). "This is it. The chapter of writedowns and shocks is behind us. Closed!"...

Evening Standard, London, Asian Markets Column.
March 4, 2004... Byline: Bill Condie Mar. 4--COAL MINER SHENHUA JOINS CHINA RUSH FOR HK LISTING: Another day, another Chinese company seeking to join the ever-growing list of firms trying to raise cash through an overseas share listing. Today it was...

Evening Standard, London, Business Briefs Column.
March 4, 2004... Mar. 4--WILLIAM HILL QUICK OUT OF THE TRAPS: William Hill's new year got off to a good start with another surge in takings from fixed odds betting terminals, the electronic games being rolled out in its shops. Pre-tax profits for 2003 surged to...

Evening Standard, London, Business Insider Column.
March 4, 2004... Mar. 4--CANTOR GOES SHORT ON PC: Spread-betting bookie Cantor Index must have caused some offence with a message to clients that admired "brave" George Bush and observed: "Surely heterosexual marriage and the procreation of children should be...

Disney Chief Eisner Thrown Out as Chairman.
March 4, 2004... Byline: Richard Thomson Mar. 4--The Walt Disney board has stripped chief executive Michael Eisner of his role as chairman in a bid to avoid a damaging war of attrition with shareholders. Former US Senator George Mitchell was...

Former U.S. Peacemaker Takes Over at Disney.
March 4, 2004... Mar. 4--Former U.S. senator George Mitchell is best known this side of the Atlantic for his role in Northern Ireland's peace process. He trained as lawyer, served with U.S. counter-intelligence in Berlin and then rose up through the US justice...

Bonuses, New Jobs Signal Recovery in London Economy.
March 4, 2004... Mar. 4--The green shoots of recovery spotted in London's economy in the autumn are starting to blossom, according to a panel of influential business leaders, writes Jane Padgham. It will reinforce expectations of further interest rate rises...

Evening Standard, London, Stock Markets Column.
March 4, 2004... Byline: Micky Clark Mar. 4--CITY SEES BRIGHT FUTURE IN WAKE OF SHELL'S SHAKE-UP: Further heavy turnover in oil giant Shell was recorded following yesterday's dramatic departure of chairman Sir Philip Watts. More than 50 million shares...

Texan Oilmen Trawling for North Sea Takeovers.
March 4, 2004... Byline: Steve Hawkes Mar. 4--An American oil company backed by former directors of struggling Texan giant Anadarko has been set up to scour the North Sea for acquisition and exploration opportunities. Endeavour International will be...

Royal & SunAlliance Executive Offers Bleak Prognosis for Women in Big Business.
March 4, 2004... Byline: James Rossiter Mar. 4--It will be 121 years before women count for 30 percent of executive directors in the FTSE 100 if the latest four-year run rate continues. That is the damning prognosis offered by Royal & SunAlliance...

Evening Standard, London, Asian Markets Column.
March 15, 2004... Byline: Jake Lloyd-Smith Mar. 15--INVESTORS HUNGRY FOR 3G NEWS WITH HUTCH RESULTS: Shares in Hutchison Whampoa gained ground today in line with a broad-based regional recovery as fears inspired by the Madrid bombings fell away. But...

Britain's Drinkers May Soon Have Access to Beer Brewed from Champagne Yeast.
March 15, 2004... Byline: Jake Lloyd Smith Mar. 15--Beer purists may wince and sparkling wine lovers recoil, but brewing chiefs believe a beverage that combines the two tipples could prove to be a runaway hit with Britain's drinkers. Asia Pacific...

Evening Standard, London, Business Briefs Column.
March 15, 2004... Mar. 15--HOLCIM SEEKS UKPOUND 650 MILLION TO LIFT MEXICO STAKE: Global cement group Holcim is raising Swfr1.5 billion (UKpound 650 million) through a rights issue to help it buy an enlarged stake in Apasco, its Mexican operation. Holcim, which...

Evening Standard, London, Business Insider Column.
March 15, 2004... Mar. 15--TOP COLLEGES IN CLASS ACTION: Following my report about the distinguished public school Radley joining Eton and Winchester Colleges in abandoning Cazenove as their fund manager, I now hear that a number of Oxford colleges have gone the...

British Animated Series Finds Ready Market among 95 Million Children in China.
March 15, 2004... Byline: Nick Goodway Mar. 15--Noddy's little yellow car is about to start its longest journey with a mere 5050-mile trip to China. Enid Blyton's favourite pre-school character is about to be exploited big time in the world's single largest...

French Company Thales Surges on Back of UK Defence Contracts.
March 15, 2004... Byline: Ross Tieman Mar. 15--French company Thales today unveiled a 17 percent surge in operating income to euro698 million (UKpound 474 million) after winning a string of giant contracts from Britain's Ministry of Defence. Bolstered...

Electronic Data Systems Sells Product Design Software Business.
March 15, 2004... Byline: Bill Condie Mar. 15--Computer giant Electronic Data Systems, which holds Whitehall contracts worth millions of pounds, has ended its three-year involvement in software development by selling its product design software business to...

Soaring Oil Price May Hamper U.S. Economic Recovery.
March 15, 2004... Byline: Jane Padgham Mar. 15--Fears are mounting that the rocketing oil price could hamper America's economic recovery. The US is more sensitive to higher oil prices because of the fall in the dollar. In contrast, the weaker greenback...

UK Financial Watchdog Launches Investigation into Shell Scandal.
March 15, 2004... Byline: Robert Lea Mar. 15--The Financial Services Authority has launched an investigation into the overbooking of oil and gas reserves at Shell, the scandal which has already cost the company the heads of its two top executives. It...

New Chairman of UK-Based Television Company ITV Faces Full Plate.
March 15, 2004... Byline: Nick Goodway Mar. 15--WHEN he steps out of the lift on the 14th floor of the London Television Centre this morning, Sir Peter Burt will have a short stroll to his new office as chairman of ITV. Far from palatial, the former LWT...

Evening Standard, London, Anthony Hilton Column.
March 15, 2004... Byline: Anthony Hilton Mar. 15--SAPPING ENTREPRENEURIAL SPIRIT: Chancellor Gordon Brown's normally-deft political touch may have let him down in the run-up to this week's Budget. In leaking to the Press as part of the traditional...

Evening Standard, London, Stock Watch Column.
March 16, 2004... Byline: Malcolm Withers Mar. 16--British Airways shares, after being hit by a 7 percent fall following the Madrid terrorist outrage, flew to the top of the blue-chip risers today as broker Cazenove said that the airline had been oversold....

Evening Standard, London, Asian Markets Column.
March 17, 2004... Byline: Jake Lloyd-Smith Mar. 17--CATHAY PACIFIC FORECAST TO TAKE OFF AS DEMAND RISES: When Cathay Pacific Airways showcased its full-year figures last week its shares took an unexpected drubbing despite having turned in slightly better...

Evening Standard, London, Business Briefs Column.
March 17, 2004... Mar. 17--TRADER TALK: Unicorn Asset Management's Peter Webb has lifted the holdings of his Eaglet investment trust and Free Spirit fund in IT hardware group Computerland by 200,000 shares, giving them more than 11 percent of the company....

Evening Standard, London, Business Insider Column.
March 17, 2004... Mar. 17--HACKERS PUT HURDLE IN THE WAY: Lucky old Tote...or totesport, as it has recently been rebranded in a garish lime livery. As the Government-owned bookmaker becomes increasingly inefficient, accompanied by crises such as chief executive...

Evening Standard, London, Anthony Hilton Column.
March 17, 2004... Byline: Anthony Hilton Mar. 17--NOT MUCH TO GRUMBLE ABOUT: It may not feel like it on the ground, but in a naughty and uncertain world this country is a beacon of stability that is well placed to prosper. Don't take my word for it, it is...

Evening Standard, London, Stock Watch Column.
March 17, 2004... Byline: Malcolm Withers Mar. 17--BUDGET PROPOSALS FAIL TO MAKE SLUGGISH FOOTSIE BUZZ: Blue-chip shares were slow to react as Chancellor Gordon Brown revealed his Budget proposals. When he got to his feet, the Footsie was down 4.6...

Jury Hears about Adelphia Communications Bosses' 'Golfing Trips by Jet'.
March 17, 2004... Mar. 17--A jury in the trial of the Rigas family on charges of masterminding a scheme to loot Adelphia Communications has been told that the company's executive jet was used for international pleasure jaunts. The court heard that Timothy...

Ousted Head of U.K. Air-Traffic Agency to Get UKpound 225,000.
March 17, 2004... Byline: Robert Lea Mar. 17--National Air Traffic Services has dropped the man who oversaw its rocky UKpound 800 million part-privatisation and subsequent financial crisis. With the prospect of reporting a third consecutive year of...

Evening Standard, London, Asian Markets Column.
March 17, 2004... Byline: Jake Lloyd-Smith Mar. 17--Banking giant HSBC is reportedly keen on buying Thai lender Bank of Asia in a move that would expand its presence in the fast-growing market and jack up competition with global rivals, including Standard...

Citigroup Paid Its Top Three Executives UKpound 56 Million in 2003.
March 17, 2004... Byline: Bill Condie Mar. 17--Citigroup's top three executives were paid $102 million (UKpound 56.3 million) last year -- chairman Sandy Weill taking the lion's share of $44.6 million. Chief executive Charles Prince was next with $29.2...

U.K. Home-Improvements Group Braces to Weather Spending Squeeze.
March 17, 2004... Byline: Fiona Walsh Mar. 17--B&Q home improvements group Kingfisher says it should be able to withstand any squeeze on consumer spending sparked by today's Budget. Reporting full-year results at the top end of analysts' expectations,...

U.K. Interest-Rate Rise Looms Ahead.
March 17, 2004... Byline: Jane Padgham Mar. 17--A spring rise in interest rates looked inevitable today following fresh evidence of the Bank of England's unease about spiralling house prices and mounting consumer debt. The minutes of the monetary policy...

Britain Aims to Be Outsider in U.S. Gambling Review.
March 17, 2004... Mar. 17--The British Treasury and the US government are locked in dispute ahead of a proposed Congressional review next month on legislation governing a boom in internet gambling. The American government, which already technically bans its...

London Market Sees Share Jitters As Financial District Braces for U.K. Budget.
March 17, 2004... Byline: Jane Padgham Mar. 17--The City was today braced for stock market losses ahead of Gordon Brown's Budget, in which he was set to admit that the public finances will remain deep in the red despite the economic recovery. With few...