Are these donations tax-deductible?

If you’ve had a good year, you might be thinking about making some additional charitable donations between now and Dec. 31. That’s great, but if you’re counting on a federal income-tax deduction for your generosity, you’ll need to confirm that the organization you’re considering has been approved by the IRS as a tax-exempt charity eligible to receive deductible donations. Thanks to the ever-expanding wonders of the Internet, you can perform most of the necessary due diligence online using the IRS website. Here’s the scoop.

Charitable Deduction Basics

Everybody knows the Salvation Army and Goodwill are IRS-approved charities. To lock in deductions for donations to such well-known organizations, just be sure to get a written receipt if you donate $ 250 or more, and keep it with your tax records. Make smaller donations by check or credit card, and keep the canceled check or credit-card statement.

But what about donations to slightly more obscure outfits, such as these:

The Colorado Springs Therapeutic Riding Center

Tillers and Toilers Garden Club, of Newark Valley, N.Y.

Second Chance for Pets, of Los Gatos, Calif.

Friends United in Nascar-Racing, of New Market, Minn.

Are donations to these organizations deductible? As it turns out, the first three are indeed IRS-approved and therefore eligible to receive deductible donations. But Friends United in Nascar-Racing lost its IRS-approved status in 2010, so don’t expect any tax break for donating to it.

The Due Diligence Drill

Let’s get specific. To discover which organizations are IRS-approved and which are not, follow this procedure:

Go to IRS.gov. www.irs.gov

Use the search function at the top of the homepage, and enter “Publication 78” in the search field. Publication 78 is the cumulative list of tax-exempt organizations. In the olden days, Publication 78 was a printed document. Now, it’s only available online, where it’s updated about once a month.

Click on the search result titled “Exempt Organizations Select Check.”

Click on the blue “Exempt Organizations Select Check Tool” button.

Select the button for “Are eligible to receive tax-deductible contributions”.

Fill in the blanks to the extent you have the requested information about the charity you’re checking out. The EIN blank is for the organization’s federal tax ID number, which you probably won’t know. But if you know the organization’s name and the city and state where it’s located, that should be enough to find it. Hit the “Search” button.

Scroll down the (probably long) list of charities until youfind the one you’re looking for. By clicking on arrow beside the “Legal Name (Doing Business As)” link at the top of the list, you can make it alphabetical by name of organization. You can also organize the list by city.

Once you find the line for the charity you’re searching for, click on the deductibility status link on the far right. If the status is PC, for example, the organization is a public charity, which is the most common kind. You can make deductible donations of up to 50% of your adjusted gross income to one or more public charities.

What If an OrganizationIs Not on the IRS-Approved List?

Good question. Some churches and church-related organizations may not appear on the list of IRS-approved organizations, because they are not actually required to apply to the IRS for tax-exempt status. That said, many churches apply for and receive IRS-approved status to establish their legitimacy in the eyes of donors.

For other types of organizations, not being on the website’s approved list doesn’t necessarily mean it’s not IRS-approved, but you should be highly skeptical. So do these things.

On the IRS website, go back to the blue Exempt Organizations Select Check Tool bar and select “Were automatically revoked.” Once again, fill in the blanks to the extent you know the requested information about the organization. Hit the “Search” button.

Scroll down the list of outfits that have had their tax-exempt status automatically revoked due to failure to turn in required annual forms to the IRS. If the organization is on the list, you can see the date its tax-exempt status was revoked and the date the revocation was posted on the IRS website. Donations made after the posting date will not be tax-deductible unless the organization has regained tax-exempt status, which is possible. If you’re still interested in making a donation, contact the organization and ask a rep to email you a copy of the IRS letter reinstating its tax-exempt status.

If you don’t find the organization on the automatically revoked list, go back to the page with the big blue “Exempt Organizations Select Check Tool” button. Below the button, find the links to recent revocations and recent suspensions of IRS-approved status. Donations to organizations on these lists will not be deductible.

If you can’t find the organization on the aforementioned revoked or suspended lists, it’s possible that IRS approval was received so recently that the organization simply has not yet been put on the approved list. If you’re still considering a donation, contact the organization and ask a rep to email you a copy of the IRS letter recognizing its tax-exempt status. As a last resort, you can call the IRS at 877-829-5500 and ask them for an updated status report.

The Bottom Line

I think it’s smart to be skeptical about making significant donations to organizations that claim to be tax-exempt charities. Performing the due diligence steps to see if an organization is eligible to receive deductible donations is probably a good idea whether you care about the tax write-off or not. Be careful out there!

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James leads Heat over Thunder in Finals rematch

MIAMI (AP) — Kevin Durant and Russell Westbrook combined to score 54 points, more than any set of teammates had managed in a game against Miami all season.

Oklahoma City needed them to score at least three more.

That didn't happen, and an NBA Finals rematch went just as last year's title series did — to the Heat.

LeBron James had 29 points, nine assists and eight rebounds, Dwyane Wade scored 21, and the Heat survived a frantic finish to beat the Thunder 103-97 on Tuesday night, a game where Durant and Westbrook both missed potential tying 3-pointers in the final seconds.

"A great game to play," Thunder coach Scott Brooks said, "and a great game to coach."

For the Heat, it was just a little greater.

Mario Chalmers scored a season-high 20 for the Heat, who were 19 for 19 from the foul line, the second-best effort in franchise history behind only a 30-for-30 game in Boston on March 24, 1993. Chris Bosh added 16 points for Miami, which has beaten the Thunder five straight times dating to last June's title series.

"Felt a little bit like a different month," Heat coach Erik Spoelstra said. "Regardless of what your script is coming into the game, when you play this team, it's not going to go according to script. They're too good."

It's the first losing streak of the season for the Thunder, who had been 4-0 after losses. Serge Ibaka and Kevin Martin each scored 15 for Oklahoma City.

The game had a little of everything — a fast start by the reigning champions, a one-handed dunk by James on an offensive rebound that will be added to his copious highlight reel, a scrum after a hard foul that led to double-technicals on Wade and Ibaka early in the fourth, an easy rally by the Thunder from an early double-digit deficit, and even workout partners in Durant and James barking back and forth in the final minutes.

Such was the intensity that James slumped over the scorer's table with 1:08 left, exhausted.

"I'm tired as hell right now," James said — and that was more than an hour after the game ended.

With good reason. On an emotional day, there was a wild finish.

Wade lost the ball on an ill-advised, behind-the-back dribble, and the turnover set up Durant for a two-handed dunk that got the Thunder within 96-95 with 44.1 seconds remaining.

Needing a stop on the next trip, the Thunder instead forgot to play defense. Kendrick Perkins and Ibaka both were confused on the ensuing Miami possession, and Bosh was left alone to take a pass from James and throw down a dunk that restored Miami's three-point edge.

"We went over and helped," Durant said. "We just needed to help on the backside. There was miscommunication but we still had a chance to go into overtime."

Two chances, actually.

Oklahoma City got within one when Durant made a jumper over James, but no closer. Ray Allen's two free throws with 15.6 seconds left made it 100-97, and Miami's last three points came from the line. Durant missed a 3-pointer that James contested, Westbrook wound up with a second chance that Wade defended, and the Thunder guard smacked a nearby table arguing that he was fouled.

"Part of the game," Westbrook said.

While the stars were stars, the Heat got help from one unexpected source. Chalmers was making everything, even unintended plays. Allen lost possession on what looked to be a pass to no one, but Chalmers picked up the bouncing ball on the right wing, whirled and made a 3-pointer — putting Miami up 86-79 with 8:14 left.

In the end, that cushion was necessary.

"I got going early," Chalmers said, "and I stuck with it."

The Heat came out flying, opening a quick 13-2 lead after making six of their first seven shots. About all that didn't go right for the Heat early on was James committing a foul, the first time he was called for a personal since Dec. 8.

It happened 4:03 into the game — 254 minutes and 7 seconds of on-court time since his last one — when James fouled Ibaka on a dunk attempt.

Chalmers had 12 points, matching his season high, in the opening quarter alone, and that was also Miami's lead after his layup for a 15-3 edge. When Durant headed to the bench after being called for his second personal, plus a technical, with 2:08 left in the first, the Heat led 27-16.

But even with Durant out, Oklahoma City scored the last eight points of the quarter, six coming from the line. The Thunder shot 17 of the game's first 18 free throws and finished with a 38-19 edge in tries from the stripe.

The Heat were held to two points in the first 5:05 of the third, and the Thunder grabbed the lead for the first time. Durant connected on a baseline jumper while falling out of bounds and getting fouled by James. The resulting free throw gave Oklahoma City a 58-56 edge.

With that, the back-and-forth began, and Miami found a way.

"Both teams really played up to the billing," Wade said. "An excellent basketball game."

NOTES: James scored at least 20 points for the 30th straight regular-season game and 46th overall. ... Wade is 7-1 on Christmas, and James has won six straight on the holiday. ... Miami's Mike Miller became the 48th active player to reach 10,000 points. ... The Thunder have used the same starting lineup for all 27 games. ... James passed Bernard King for 39th on the NBA career scoring list. ... Attendance was 20,300, the largest crowd for a Heat home game since they moved into AmericanAirlines Arena.

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Hollywood movies can (mis)educate us

Movies for adults

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Movies for adults

Movies for adults

Movies for adults

Movies for adults

Movies for adults

Movies for adults

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STORY HIGHLIGHTS

• Dean Obeidallah: A movie or TV show can educate or (mis)educate you


• Obeidallah: Two new films about hot issues are firing up both the left and right


• Senators slammed "Zero Dark Thirty," and energy industry attacked "Promised Land"


• Obeidallah: What does Hollywood want? To make money, of course

Editor's note: Dean Obeidallah, a former attorney, is a political comedian and frequent commentator on various TV networks including CNN. He is the editor of the politics blog "The Dean's Report" and co-director of the upcoming documentary "The Muslims Are Coming!" Follow him on Twitter: @deanofcomedy

(CNN) -- Can a movie actually convince you to support torture? Can a movie really persuade you that "fracking" -- a process used to drill for natural gas -- is a danger to the environment? Can a movie truly cause you to view certain minority groups in a negative light?

Some scoff at the notion that movies do anything more than entertain. They are wrong. Sure, it's unlikely that one movie alone will change your views on issues of magnitude. But a movie (or TV show) can begin your "education" or "miseducation" on a topic. And for those already agreeing with the film's thesis, it can further entrench your views.

Anyone who doubts the potential influence that movies can have on public opinion need to look no further than two films that are causing an uproar even before they have opened nationwide. They present hot button issues that manage to fire up people from the left and right.

Dean Obeidallah

The first, "Zero Dark Thirty," is about the pursuit and killing of Osama bin Laden, which features scenes of torture. The second, "Promised Land," stars Matt Damon and explores how the use of fracking to drill for natural gas can pose health and environmental dangers.

Critics of "Zero Dark Thirty" fear that audiences will accept as true the film's story line that torture was effective in eliciting information to locate bin Laden. They are rightfully concerned that the film will sway some to become more receptive or even supportive of the idea of torturing prisoners.

Peter Bergen: Did torture really net bin Laden?

Opposition to the film escalated last week as three senior U.S. senators -- John McCain, Carl Levin and Dianne Feinstein -- sent a letter to the film's distributor, Sony Pictures, characterizing the film's use of torture as "grossly inaccurate and misleading." The senators bluntly informed Sony Pictures that it has "an obligation to state that the role of torture in the hunt for Osama bin Laden is not based on the facts, but rather part of the film's fictional narrative."

Is this just more liberal whining?

Well, the hostility toward "Promised Land" shows us that it's not just liberals who complain about movie messages. Big business -- namely, the gas industry -- is aggressively objecting to the allegation in "Promised Land" that fracking poses environmental and health risks.

How concerned is the gas industry?

It has set up a rapid response team to counter publicity for the film by using two Washington-based groups that lobby for gas and oil companies: the Independent Petroleum Association of America and Energy in Depth. These groups have scrutinized appearances by the films stars on talk shows, questioned who the financiers of the film are, published parts of the script and mocked the film on social media.

Energy in Depth went as far as to "fact check" a recent appearance by the films co-star and co-writer, John Krasinski, on "Late Night With David Letterman." Within hours of Krasinski's appearance, Energy in Depth posted a blog on its website pointing out what it perceived as factual errors made by Krasinski about fracking.

Regardless of whether "Zero Dark Thirty" and "Promised Land" intended to promote any message, people who watch them will be "educated" in some way on torture and fracking -- even if very subtly.

This is the same reason that minority groups continue to object being represented in a negative light in movies and TV. They understand that accurate representations matter because studies have shown that biases can form based on stereotypes or inaccurate representations. (Being of Italian and Arab descent, I'm acutely aware of this issue as my respective heritages have been represented by a parade of mobsters and terrorists.)

What's Hollywood's role in all of this? The same as it has always been -- to make money.

In fact, there's no doubt that the studios behind these movies are overjoyed at the controversy that has erupted and the resulting free press. Indeed, the response of Sony Pictures to the uproar over "Zero Dark Thirty" tells you about what they really hope we will all do: "We encourage people to see the film before characterizing it."

So go ahead, enjoy these films and ones like them that are based on actual events or current hot issues. But while you are watching them, be aware you might be getting more than the price of ticket. You might also be getting a (mis)education.

Follow us on Twitter @CNNOpinion

Join us on Facebook/CNNOpinion

The opinions expressed in this commentary are solely those of Dean Obeidallah.

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A huge collection of odd TV stuff needs a home

LOS ANGELES (AP) — James Comisar is the first to acknowledge that more than a few have questioned his sanity for spending the better part of 25 years collecting everything from the costume George Reeves wore in the 1950s TV show “Superman” to the entire set of “The Tonight Show Starring Johnny Carson.”

Then there’s the pointy Spock ears Leonard Nimoy wore on “Star Trek” and the guns Tony Soprano used to rub out a mob rival in an episode of “The Sopranos.”

“Along the way people thought I was nuts in general for wanting to conserve Keith Partridge’s flared pants from ‘The Partridge Family,’” the good-natured former TV writer says of the 1970s sitcom as he ambles through rows of costumes, props and what have you from the beginnings of television to the present day.

“But they really thought I needed a psychological workup,” Comisar, 48, adds with a smile, “when they learned I was having museum curators take care of these pieces.”

A museum is exactly where he wants to put all 10,000 of his TV memorabilia items, everything from the hairpiece Carl Reiner wore on the 1950s TV variety program “Your Show of Shows” to the gun and badge Kiefer Sutherland flashed on “24″ a couple TV seasons ago.

Finding one that could accommodate his collection, which fills two sprawling, temperature-controlled warehouses, however, has sometimes been as hard as acquiring the boots Larry Hagman used to stomp around in when he was J.R. on “Dallas.” (The show’s production company finally coughed up a pair after plenty of pleading and cajoling.)

Comisar is one of many people who, after a lifetime of collecting, begin to realize that if they can’t find a permanent home for their artifacts those objects could easily end up on the trash heap of history. Or, just as bad as far as he’s concerned, in the hands of private collectors.

“Some of the biggest bidders for Hollywood memorabilia right now reside in mainland China and Dubai, and our history could leave this country forever,” says Comisar, who these days works as a broker and purchasing expert for memorabilia collectors.

What began as a TV-obsessed kid’s lark morphed into a full-fledged hobby when as a young man writing jokes for Howie Mandel and Joan Rivers, and punching up scripts for such producers as Norman Lear and Fred Silverman, Comisar began scouring studio back lots, looking for discarded stuff from the favorite shows of his childhood. From there it developed into a full-on obsession, dedicated to preserving the entire physical spectrum of television history.

“After a couple years of collecting, it became clear to me,” he says, “that it didn’t much matter what TV shows James watched in the early 1970s but which shows were the most iconic. In that way, I had sort of a curator’s perspective almost from the beginning.”

In the early days, collecting such stuff was easy for anyone with access to a studio back lot. Many items were simply thrown out or given away when shows ceased production. When studios did keep things they often rented them out for small fees, and if you lost or broke them you paid a small replacement fee. So Comisar began renting stuff right and left and promptly losing it, acquiring one of Herman Munster’s jackets that way.

These days almost everything has a price, although Comisar’s reputation as a serious collector has led some people to give him their stuff.

If he simply sold it all, he could probably retire as a millionaire several times over. Just last month someone paid $ 480,000 for a faded dress Judy Garland wore in the 1939 film “The Wizard of Oz.” What might Annette Funicello’s original Mickey Mouse Club jacket fetch?

He won’t even think about that.

“I’ve spent 25 years now reuniting these pieces, and I would be so sick if some day they were just broken up and sold to the highest bidder,” he says.

He, and every other serious collector of cool but somewhat oddball stuff, face two major obstacles, say museum curators: Finding a museum or university with the space to take their treasures and persuading deep-pocketed individuals who might bankroll the endeavor that there’s really any compelling reason to preserve something like Maxwell Smart’s shoephone.

“People hold television and popular culture so close to their hearts and embrace it so passionately,” says Dwight Bowers, curator of entertainment collections for the Smithsonian’s National Museum of American History, who calls Comisar’s collection very impressive. “But they don’t put it on the same platform as military history or political history.”

When the Smithsonian acquired Archie Bunker’s chair from the seminal TV comedy “All in the Family,” Bowers said, museum officials took plenty of flak from those offended that some sitcom prop was being placed down the hallway from the nation’s presidential artifacts.

The University of California, Santa Cruz, took similar heat when it accepted the Grateful Dead archives, 30 years of recordings, videos, papers, posters and other memorabilia gifted by the band, said university archivist Nicholas Meriwether.

“What I always graciously say is that if you leave the art and the music aside for one moment, whatever you think of it, what you can say is they are still a huge part of understanding the story of the 1960s and of understanding the nation’s counterculture,” says Meriwether.

Comisar sees his television collection serving the same purpose, tracing societal changes TV shows documented from the post-World War II years to the present.

The Academy of Television Arts and Sciences Foundation looked into establishing such a museum some years back, and Comisar’s collection came up at the time, said Karen Herman, curator of the foundation’s Archive of American Television.

Instead, the foundation settled on an online archive containing more than 3,000 hours of filmed oral history interviews with more than 700 people.

While the archive doesn’t have any of Mr. Spock’s ears, anyone with a computer can view and listen to an oral history from Spock himself, the actor Leonard Nimoy.

Comisar, meanwhile, believes he’s finally found the right site for a museum, in Phoenix, where he’s been lining up supporters. He estimates it will cost $ 35 million and several years to open the doors, but hopes to have a preview center in place by next year.

Mo Stein, a prominent architect who heads the Phoenix Community Alliance and is working with him, says one of the next steps will be finding a proper space for the collection.

But, really, why all the fuss over a place to save one of the suits Regis Philbin wore on “Who Wants to be a Millionaire”?

“In Shakespeare’s time, his work was considered pretty low art,” Comisar responds.

Oh, he’ll admit that “Mike and Molly,” the modern TV love story of a couple who fall for each other at Overeaters Anonymous, may never rank in the same category as “Romeo and Juliet.”

“But what about a show like ‘Star Trek’?” he asks.

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Yen on defensive on U.S. fiscal worry, helps Nikkei

TOKYO (Reuters) - Uncertainty over whether U.S. lawmakers will strike a deal by an end-of-year deadline to avert a severe fiscal retrenchment undermined the yen and bolstered Japanese shares on Tuesday in low volume, with many participants away on Christmas holiday.

The dollar rose to a 20-month high of 84.965 yen early on Tuesday in Asia, as Japanese markets caught up with global investors who had reacted overnight to incoming Japanese Prime Minister Shinzo Abe's weekend comments that raised the pressure on the Bank of Japan.

During a meeting on Tuesday with officials from Japan's major business lobby, Keidanren, Abe reiterated calls on the BOJ to conduct bold monetary easing to beat deflation by setting an inflation target of 2 percent.

The head of Abe's coalition partner said on Tuesday the coalition party and Abe had agreed to set a 2 percent inflation target and compile a large stimulus budget to help the economy return to growth and overcome deflation.

The yen has come under pressure as a result of expectations that the BOJ will be compelled to adopt more drastic monetary stimulus measures next year.

The dollar was expected to stay firm this week as investors repatriate dollars, and as the U.S. fiscal impasse is likely to continue to sap investor appetite for risky assets and raise the dollar's safe-haven appeal.

"The dollar is seen relatively well bid, with all focus on the fiscal cliff," said Yuji Saito, director of foreign exchange at Credit Agricole in Tokyo.

"Negotiations may be carried over the weekend, but markets still expect a deal to be struck by December 31. It is unthinkable that the U.S. will risk driving its economic growth sharply lower by not agreeing to avoid it."

U.S. lawmakers and President Barack Obama were on Christmas holiday and talks were unlikely to resume until later in the week.

House of Representatives Speaker John Boehner failed to gain support for a tax plan at the end of last week, raising fears that the United States may face the "fiscal cliff" of some $600 billion in automatic spending cuts and tax increases set to start on January 1.

Japan's Nikkei stock average <.n225> resumed trading after a three-day weekend with a 1.1 percent gain, recapturing the key 10,000 mark it ceded on Friday after Boehner's failure sparked a broad market sell-off and the Tokyo benchmark closed down 1 percent. The Nikkei was likely to be supported as long as the yen stayed weak. <.t/>

"Ongoing optimism about the weak yen is lifting hopes that exporters' earnings will be better than expected," said Hiroichi Nishi, general manager at SMBC Nikko Securities.

Analysts say a near-term correction may be possible as the index is now in "overbought" territory after gaining 16.2 percent over the last six weeks, hitting a nine-month high last Friday. Its 14-day relative strength index was at 72.34, above the 70 level that signals an overbought condition.

MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> nudged up 0.1 percent, driven higher by surging Shanghai shares, as most Asian bourses were shut for Christmas.

The Shanghai Composite Index <.ssec> soared over 2 percent to five-month highs as investors bought property stocks on mounting optimism about the sector. Taiwan shares <.twii> jumped 1.3 percent on gains in technology and financial shares.

Asset performance in 2012: http://link.reuters.com/muc46s

2012 commodities returns: http://link.reuters.com/faz36s

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

U.S. HOLDS 2013 KEY

Goro Ohwada, president and CEO at Japan-based fund of hedge funds Aino Investment Corp, said investors were likely to focus on economic fundamentals and the United States for cues on investment direction in 2013.

"There is a feeling that an investment strategy based on economic fundamentals may finally work next year, with asset prices more closely reflecting fair value. The problem is, we don't know yet which asset is a better bet than others," Ohwada said, adding that oil and gold appeared to be near their highs.

Naohiro Niimura, a partner at research and consulting firm Market Risk Advisory, said commodities and energy prices will likely move in tight ranges in 2013, with investors eyeing political events, including the U.S. fiscal cliff outlook, Italian parliamentary election set for February 24-25, and Germany's elections in September.

"The macroeconomic policies taken this year around the world to support growth are expected to result in a moderate recovery in 2013 to reduce an excessive downside risk to prices. This will likely keep commodities, gold and energy prices near their highs," Niimura said.

(Additional reporting by Ayai Tomisawa in Tokyo; Editing by Edmund Klamann and Daniel Magnowski)

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Monti ‘available to lead Italy’

23 December 2012 Last updated at 08:29 ET

Italian Prime Minister Mario Monti says he is not siding for now with any party in upcoming elections, but remains available to head a future government.

Mr Monti said he was ready to lead any coalition committed to his reforms.

The caretaker prime minister said he was unable to accept an offer from former Prime Minister Silvio Berlusconi to lead a centrist coalition.

Elections are to be held in February. Mr Monti resigned after Mr Berlusconi’s party withdrew its support.

Mr Monti was nominated as technocratic prime minister in November 2011, after Mr Berlusconi’s centre-right coalition government fell amidst a financial and economic crisis.

Speaking at a news conference in Rome, Mr Monti urged Italian parties not to destroy what he said was his government’s achievement in saving Italy from that crisis.

“That financial emergency has been overcome,” he said. “Italians can once again hold their heads high as citizens of Europe.”

Keeping options open

Asked repeatedly if he was going to run in the 24-25 February election, Mr Monti said he cared more about policies than about the personalities involved in the election.

“I’m not siding with anyone – I’d like parties and social forces to side with ideas,” he said.

But he added: “To the forces that show convinced and credible adherence to the Monti agenda, I would be ready to give my advice, my encouragement and if necessary leadership,” he said.

“I would also be ready to assume one day, if required by circumstances, the responsibilities that would be entrusted to me by the parliament.”

The BBC’s David Willey says Mr Monti, whose possible role in February’s election has been the subject of intense speculation in Italy, is playing his cards close to his chest – whilst keeping his options open.

Mr Monti, 69, is an economist and former EU commissioner who first served as a minister under Mr Berlusconi in 1994.

His government has been praised for its initial reforms and for calming financial markets, though much of its reform agenda has been watered down or blocked.

On Sunday, he appealed to parties to push through further reforms of Italy’s labour market and its institutions.

He also criticised Mr Berlusconi for recently attacking the technocratic government, despite having previously praised it.

“I struggle to follow his line of thought,” Mr Monti said.

Mr Berlusconi, 76, has been mired in a series of sexual and financial scandals.

He made conflicting statements about whether he would remain in politics before launching into his sixth general election campaign.

Current polls suggest the centre-left Democratic Party led by Pier Luigi Bersani would win the most votes in a general election.

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Japan stocks rally as yen continues to weaken

BANGKOK (AP) — Japan’s benchmark stock index jumped Tuesday as a softening yen helped boost the country’s powerhouse export sector. The Nikkei 225 index in Tokyo rallied 1.4 percent to close at 10,080.12, with export shares leading the way.

The yen traded at a 20-month high of 84.95 yen in New York after incoming Prime Minister Shinzo Abe turned up the pressure on the Bank of Japan to adopt a 2 percent inflation target. During a televised program Sunday, Abe said he will consider revising the Bank of Japan Act if the central bank refuses to act at next month’s policy meeting, Kyodo News Agency said.

That’s designed to fight deflation, or continually dropping prices, which deadens economic activity. The Japanese economy has been stuck in deflation for two decades. On Monday in Asia, the dollar stood at 84.77 yen.

Mazda Motor Corp. gained 2 percent, while Nikon Corp. advanced 2.3 percent. Nomura Holdings jumped 6.3 percent.

Stocks in mainland China posted strong gains. The Shanghai Composite Index jumped 2.5 percent to 2,213.61. The smaller Shenzhen Composite Index surged 2.4 percent to 855.79. Shares in real estate, financial services and travel-related companies led the gains.

Poly Real Estate, China’s second-largest listed developer, gained 4.7 percent while industry leader China Vanke soared 6 percent.

Markets in Hong Kong, South Korea, Singapore, the Philippines, Australia and New Zealand were among those closed for Christmas.

On Wall Street on Monday, the last day of trading before Christmas, stocks fell on concern that time is running out for lawmakers to reach a budget deal to avoid the U.S. going over the “fiscal cliff.”

The Dow Jones industrial average lost 0.4 percent to close at 13,139.08. The Standard & Poor’s 500 index fell 0.2 percent to 1,426.66. The Nasdaq composite index fell 0.2 percent to 3,012.60.

For weeks, discussions between the White House and Congress over a budget deal have been the main driver in markets. If a deal isn’t reached by the start of 2013, automatic spending cuts and tax increases worth hundreds of billions of dollars will be imposed — which many economists think could push the U.S. economy back into recession.

Most markets across Europe were open for only half a day on Monday and won’t reopen until Thursday.

As well as monitoring developments in the U.S. over the coming days, investors will be keeping a close watch on what’s going on in Italy ahead of a general election in February.

Over the weekend, outgoing Prime Minister Mario Monti indicated that he would be willing to return to the role if pro-reform parties back him. Monti has won praise for his economic reforms and efforts to get a grip on the country’s borrowing. Italy has the second-highest debt burden among the 17 EU countries that use the euro. Only Greece’s is higher.

Meanwhile, Platts, the energy information arm of McGraw-Hill Cos., said in a report that China’s apparent oil demand rose 9.1 percent in November from a year earlier to 42.96 million metric tons, an average of 10.5 million barrels per day, the highest on record.

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Follow Pamela Sampson on Twitter at http://twitter.com/pamelasampson

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AP researcher Fu Ting contributed from Shanghai.

International News and Information on Yahoo! Finance

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Pagano back to coach Colts after cancer treatment

INDIANAPOLIS (AP) — Chuck Pagano stepped to the podium Monday, hugged his team owner, thanked his family for its support and wiped a tear from his eye.

He might, finally, turn out the lights in his office, too.

Nearly three months to the day after being diagnosed with leukemia, the Colts' first-year coach returned to a team eager to reunite with a boss healthy enough to go back to work.

"I told you my best day of my life was July 1, 1989," Pagano said, referring to his wedding date. "Today was No. 2. Getting to pull up, drive in, get out of my car, the key fob still worked. I was beginning to question whether it would or not. When I asked for Bruce to take over, I asked for him to kick some you-know-what and to do great. Damn Bruce, you had to go and win nine games? Tough act to follow. Tough act to follow. Best in the history of the NFL. That's what I have to come back to."

The comment turned tears into the laughter everyone expected on such a festive occasion.

For Pagano and the Colts, Monday morning was as precious as anyone could have imagined when Pagano took an indefinite leave to face the biggest opponent of his life, cancer.

In his absence, all the Colts was win nine of 12 games, make a historic turnaround and clinch a playoff spot all before Sunday's regular-season finale against Houston, which they pegged as the day they hoped to have Pagano back. If all goes well at practice this week, Pagano will be on the sideline for the first time since a Week 3 loss to Jacksonville.

Pagano endured three rounds of chemotherapy to put his cancer in remission.

That Pagano's return came less than 24 hours after Indy (10-5) locked up the No. 5 seed in the AFC and the day before Christmas seemed fitting, too.

"I know Chuck is ready for this challenge. In speaking to his doctor multiple times, I know that the time is right for him to grab the reins, get the head coaching cap on and begin the journey," owner Jim Irsay said. "It's been a miraculous story. It really is a book. It's a fairytale. It's a Hollywood script. It's all those things but it's real."

The reality is that he's returning to a vastly different team than the one he turned over to Arians, his long-time friend and first assistant coaching hire.

Back then, the Colts were 1-2 and most of the so-called experts had written them off as one of the league's worst teams. Now, they're ready to show the football world that they can be just as successful under Pagano as they were under Arians, who tied the NFL record for wins after a midseason coaching change.

Pagano also has changed.

The neatly-trimmed salt-and-pepper hair and trademark goatee that were missing in November have slowly returned, and the thinner man who appeared to be catching his breath during a postgame speech in early November, looked and sounded as good as ever Monday.

He repeatedly thanked fans for their prayers and letters, the organization and his family for their unwavering help and promised to provide comfort and support to other people who are facing similar fights. During one poignant moment that nearly brought out tears again, Pagano even recounted a letter sent to him by a 9-year-old child who suggested he suck on ice chips and strawberry Popsicles in the hospital and advised him to be nice to the nurses regardless of how he felt — and he never even paused.

"I feel great, my weight is back, my energy is back and again, it's just a blessing to be back here," Pagano said.

In the minds of Colts players and coaches, Pagano never really left.

He continually watched practice tape and game film on his computer, used phone calls and text messages to regularly communicate with players and occasionally delivered a pregame or postgame speech to his team.

"He texted me and called me so much, it was like he was standing there in my face every day," said receiver Reggie Wayne, who has been friends with Pagano since the two were working together at the University of Miami.

But the Colts found plenty of other ways to keep Pagano's battle in the forefront.

They began a fundraising campaign for leukemia research, calling it Chuckstrong. Players had stickers with the initials CP on their locker room nameplates, and Arians wore an orange ribbon on his baseball cap during games. Orange is the symbolic color for leukemia. At one point, nearly three dozen players shaved their heads to show their ailing coach they were with him.

That's not all.

Arians and first-year general manager Ryan Grigson decided to leave the lights on in Pagano's office until he returned. Pagano noted the team even installed plastic clips to make sure those lights were not mistakenly turned off while he was gone. Those clips were removed when Pagano arrived Monday morning.

And Arians said nobody sat in the front seat of the team bus.

"He's always been our head coach," Arians said.

So after getting medical clearance from his oncologist, Dr. Larry Cripe, to return with no restrictions, Pagano couldn't wait to get to the office Monday morning.

Arians arrived at 7 a.m., three hours early for the scheduled team meeting. By then, Pagano had already driven past the inflatable Colts player with the words "Welcome Back Chuck" printed on its chest and was back in his office preparing for the Texans.

Players showed up a couple of hours later, and when the torch was passed from Arians back to Pagano, players gave their returning coach a standing ovation that Wayne said was well-deserved.

All Pagano wants to do now is emulate the success Arians and his players have had this season.

"I asked him (Arians) if he would lead this team and this ballclub and this organization and take over the reins," Pagano said. "What a masterful, masterful job you did Bruce. You carried the torch and all you went out and did was win nine ballgames. You got us our 10th win yesterday and you got us into the playoffs. You did it with dignity and you did it with class. You're everything that I always knew you were and more."

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Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL

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Shootings: Suicide risk gives clues

A sign near a cemetery of a victim in the school shooting in Newtown, Connecticut.

STORY HIGHLIGHTS

• Daniel Flannery: Studies show there is no distinct profile of school shooters


• Flannery: We can take lessons from what we know about risk for suicide


• He says we can do better to assess a person's risk for violent action toward others


• Flannery: Communities and schools should pay more attention to kids' mental health

Editor's note: Daniel J. Flannery is the Dr. Semi J. and Ruth Begun professor and director of the Begun Center for Violence Prevention, Research and Education at the Mandel School of Applied Social Sciences at Case Western Reserve University.

(CNN) -- It is hard not to feel a sense of despair, loss and anxiety over the shooting in Newtown, Connecticut. We want answers. We may not know for a very long time, if ever, what really motivated the shooter.

Previous studies of school shooters show us that some common mental health symptoms characterize many of the perpetrators, including poor anger management ability, narcissism, low self-esteem and lack of empathy. However, there are still many more differences across shooters than similarities, so to date there is no distinct profile of school shooters.

What can we do, aside from the psychological autopsying of recent incidents, to try and prevent more homicide school shootings? There is no simple answer. But we can take some lessons from what we know about risk for suicide.

Daniel J. Flannery

For many years, we have done a pretty good job of getting people to take threats of suicide seriously. If a young person walks into a counselor's office and says something like, "I think I'm going to kill myself," that counselor has been professionally trained and socialized to not underestimate the threat of self-injury.

Certainly, not every young adult who says such a thing goes on to commit suicide. Evidence shows that many of them have at least thought about hurting or killing themselves at some point, but few actually make a real attempt and fewer still carry it out.

Developing a good model for assessing the risk of suicide can provide a framework for how to assess the seriousness of threats to commit acts of violence toward others.

For example, one of the best predictors of suicide is previous suicide attempts. We try to determine whether a person has access to lethal methods of self-harm (drugs, firearms) and how detailed are the plans to carry out the act. We look for signs of anger and whether the person has experienced a recent crisis or loss. We try to figure out if a person's sense of rejection or disenfranchisement leads to a sense of hopelessness about the future, and a conviction that suicide is the only way out of a desperate situation. Moreover, if a person knows someone close who has committed suicide, we have to be vigilant since there tends to be an increase (clustering) of suicides among friends or acquaintances.

Each of these signposts can help us do a better job of assessing a person's risk for carrying out acts of violence toward others like in the school shootings.

We can look for any history of violence -- whether the person has written about or told others of his or her intent. We can try to find out whether the person has access to firearms or has thought out a plan to carry out an attack. We can try to evaluate levels of anger, feelings of rejection, or expressions of hopelessness about the future.

Most adolescent school shooters have said something to peers prior to taking any action, but not always to the direct target of an attack, and rarely to an adult. (In contrast, in rampage shootings carried out by adults, we don't have as much information and they don't usually give verbal warnings or threats beforehand.)

Ideally, assessing the risk would be carried out using a validated set of reliable indicators, with detailed semi-structured interviews performed by trained mental health professionals. In schools, social workers, counselors or school psychologists can screen young people for risk of potential violence perpetration and refer them to other mental health professionals who could do a more thorough assessment if necessary. Of course, adequate screenings depend largely on adequate time, resources and staff training.

Not every young person who makes a threat to hurt others will end up committing an act of violence toward others, and very few will ever commit a multiple mass shooting. But just as we take threats of suicide seriously, we should pay equal attention to those who say they might harm others.

We have to do all we can to make sure our children are safe, and that they all come home at the end of the school day. We can take steps as a community to pay attention to mental health and violence as it occurs every day, not just when horrible acts of great magnitude occur.

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The opinions expressed in this commentary are solely those of Daniel J. Flannery.

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Pro-gun rights US petition to deport Piers Morgan

LONDON (AP) — Tens of thousands of people have signed a petition calling for British CNN host Piers Morgan to be deported from the U.S. over his gun control views.

Morgan has taken an aggressive stand for tighter U.S. gun laws in the wake of the Newtown, Connecticut, school shooting. Last week, he called a gun advocate appearing on his “Piers Morgan Tonight” show an “unbelievably stupid man.”

Now, gun rights activists are fighting back. A petition created Dec. 21 on the White House e-petition website by a user in Texas accuses Morgan of engaging in a “hostile attack against the U.S. Constitution” by targeting the Second Amendment. It demands he be deported immediately for “exploiting his position as a national network television host to stage attacks against the rights of American citizens.”

The petition has already hit the 25,000 signature threshold to get a White House response. By Monday, it had 31,813 signatures.

Morgan seemed unfazed — and even amused — by the movement.

In a series of Twitter messages, he alternately urged his followers to sign the petition and in response to one article about the petition said “bring it on” as he appeared to track the petition’s progress.

“If I do get deported from America for wanting fewer gun murders, are there any other countries that will have me?” he wrote.

Entertainment News Headlines – Yahoo! News

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