Watch: Kevin McHale’s Daughter Dies of Lupus Complications

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Kevin McHale’s Daughter Dies of Lupus Complications

Kevin McHale’s Daughter Dies of Lupus Complications

Alexandra “Sasha” McHale, 23, was diagnosed with systemic lupus erythematosus last year.

Married Cancer Researchers Both Diagnosed with Breast Cancer

Married Cancer Researchers Both Diagnosed with Breast Cancer

Dr. Oliver Bogler and his wife, Dr. Irene Bogler, were diagnosed at the same age.

Bouncy Houses Bring 200 Child Injuries Each Week: Study

Bouncy Houses Bring 200 Child Injuries Each Week: Study

Officials analyzed emergency-room data from across the country to learn of popular product’s risks.

Ultrasound Scans Catch Fetal Yawns

Ultrasound Scans Catch Fetal Yawns

Study suggests yawns result from fatigue.

Thanksgiving Inspiration: Bone Marrow Donation Stories

Thanksgiving Inspiration: Bone Marrow Donation Stories

Robin Roberts inspires others to give the gift of life.

Understanding Autism: Genetic, Environmental Factors

Understanding Autism: Genetic, Environmental Factors

Dr. Jennifer Ashton discusses the latest research on the disease.

Kelly Preston Ties Son’s Autism to Chemicals

Kelly Preston Ties Son’s Autism to Chemicals

Actress discusses what she believes were contributing factors to Jett Travolta’s autism.

Instant Index: Turkey Pardon; Recipes Make Top Google Searches

Instant Index: Turkey Pardon; Recipes Make Top Google Searches

David Muir reports news stories that have people talking.

Baby With Outside Heart Saved by Surgeons

Baby With Outside Heart Saved by Surgeons

Doctors in Houston reconstructed Audrina’s chest to make room for her heart.

A Day in the Life of Immigration Equality

A Day in the Life of Immigration Equality

Organization provides LGBT immigrants and asylum seekers with legal counsel and advocates for reform.

Teen Gymnast Paralyzed During Practice

Teen Gymnast Paralyzed During Practice

Jacoby Miles, 15, lost feeling from the chest down after landing on her neck at practice.

Great Apes Also Get the Mid-Life Crisis

Great Apes Also Get the Mid-Life Crisis

New research shows getting older is not so great for apes either.

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Fiscal cliff notes for the budget shell game

By Walter Shapiro

It was the political equivalent of discovering more Americans were secretly watching British snooker telecasts than pro football. According to a recent national survey by the Pew Research Center, more Americans claimed to be very closely following the budget negotiations to avert the fiscal cliff than were engrossed in the soap opera that forced CIA director David Petraeus to resign.

A few possible explanations for these anomalous poll results:

1) A sex scandal involving a revered four-star general is inherently boring. 2) Americans mistakenly assume that the fiscal cliff is part of an extreme skateboarding competition, not shorthand for the looming expiration of the Bush-era tax cuts and possible across-the-board spending cuts. 3) Voters have been panicked into believing that the president and Congress must solve the country’s financial problems by the Dec. 31 or we instantly become an international basket case.

In truth, the fiscal cliff is nothing more than an arbitrary deadline created by Congress to be replaced with a dramatic flourish and, yes, another arbitrary deadline set a bit further in the future. It’s a shell game created by political con men who have come to believe their own cons.

So, relax about the over-hyped New Year’s Eve countdown for budget negotiations. Results matter, not the timetable. But even without the Petraeus-related distractions, it’s hard to separate the real from the fake, the legitimate fiscal issues from the political posturing.

So here is my version of Fiscal Cliff Notes:

Fact: All comparisons to Greece, Spain, the Roman Empire or the Duchy of Grand Fenwick are ludicrously exaggerated.

“The Road to Greece” might have been the title of a Mitt Romney campaign biopic since the former GOP presidential hopeful used the imagery so often. And during an interview Sunday with ABC’s “This Week,” South Carolina Republican Sen. Lindsey Graham used the same rhetorical excess about the American economy reduced to offering budget tours of the Acropolis.

In fact, the European fiscal crisis is far different from what the U.S. faces.

Debtor nations like Greece and Spain do not fully control their economies because they are lashed to German austerity policies through the common currency, the Euro. That means those countries do not have their own currencies to devalue, which would spur exports. Nor do they have a central bank like the U.S. Federal Reserve which would provide liquidity for their banking systems.

The United States does have long-term fiscal challenges and years of unsustainable trillion-dollar budget deficits. But our problems are largely due to the fact that we are still groping our way out of the worst economic downturn since the Great Depression. Slow but persistent economic growth (the White House projects that unemployment will not drop below 6 percent until 2017) will reduce many budgetary problems.

Global confidence in the American economy is reflected in the near record low interest rates available on 10-year and 30-year Treasury bonds. Investors around the world are willing to tie up their money for 30 years in Treasuries for the paltry interest rate of 2.8 percent.

Fact: Even if all the Bush tax cuts expire on Jan. 1, no one will instantly be paying higher income tax rates.

The Wall Street Journal ran a story the other day titled “Most Households Face Fiscal Cliff,” suggesting almost every American family would pay more if the Bush tax cuts expired. As an example, the Journal pointed to a married couple making about $25,000 a year whose annual income tax bill would leap from zero to about $1,400.

While the tax calculations are accurate, the likelihood of this happening is about on par with an asteroid destroying the Capitol. No one in government wants the Bush tax cuts to expire for anyone earning less than $250,000 a year, so a hypothetical family scraping by on $25,000 a year would not pay a penny more in income taxes under anyone’s plan.

But what if Congress misses the Dec. 31 deadline to extend the Bush tax cuts?

This is the part of the shell game. The Treasury Department has wide discretion in the pace by which it instructs employers to adjust their income-tax withholding rates. Chances are Treasury would do nothing in January to change the rates for anyone earning less than $250,000, meaning a temporary tax increase for those wage earners would be a fiscal abstraction rather than a real-world wallet pinch. And when Congress and the president cut the inevitable tax deal, the new, lower rates would be retroactive to January 1.

Make no mistake: Some people will see their taxes increase. For the past two years, most Americans have benefited from a 2 percent reduction in their payroll taxes – a cut designed to stimulate the economy in a period of high unemployment. But the payroll tax cut was always supposed to be temporary rather than a permanent rate adjustment. While nothing is certain, chances are payroll taxes will revert to their normal levels next year.

Then there is the so-called “sequester” that is supposed to slash $100 billion from the budget if lawmakers do not reach an epic Grand Bargain on the deficit. For all the alarmist talk that this will reduce the U.S. Navy to bathtub levels and shred the social safety net, the sequester is another easily disarmed fiscal booby-trap.

In fact, Congress will (shocking revelation ahead) probably extend the deadline. And even if lawmakers temporize, don’t expect to see generals and admirals on the unemployment line. The automatic cuts are evenly divided between the Pentagon budget and domestic spending for a total of about $8 billion per month and every federal agency has been preparing for these potential cuts.

Across-the-board cuts, to be sure, are a foolish way to impose budgetary discipline since there is no rational case to reduce funding for embassy security after the Benghazi raid or slash FEMA spending in the wake of Superstorm Sandy. But it is hard to believe that even a delay of a month or two will ultimately matter except at the margins.

Fact: There is no $4 trillion magic number that the president and Congress must hit to prove their long-term deficit reduction plan is credible.

Somehow $4 trillion has become the gold standard to measure deficit hawk seriousness. That was the rough number in the 2010 Simpson-Bowles deficit reduction plan and it carried over into President Obama’s abortive 2011 negotiations with Republican House Speaker John Boehner.

Throughout the 2012 presidential campaign, Obama talked about his own $4 trillion “balanced plan.” But that was partly sleight of hand: The Obama road map includes $1 trillion in savings from a 2011 congressional deal and another mythical $848 billion from the end of the Iraqi and Afghan wars. In short, his plan reflected previous agreements and military spending that had already been discontinued.

Fact: Everyone in Washington wants credit for tackling the deficit but no one wants to be blamed for causing pain.

As recounted by Bob Woodward in “The Price of Politics,” a dramatic moment in the 2011 Obama-Boehner negotiations came when the two men battled over boosting the age to qualify for Medicare. Boehner wanted the age change to take effect in 2017 while Obama wanted to hold out until 2022. 

That is Washington in a nutshell – both men wanted to postpone the pain until after they retired from office. They wanted to bask in the glory of reaching a Grand Bargain on the deficit with all the complications reserved for a future president and House speaker.

In a sense, it is budgetary arithmetic as seen through the prism of Lewis Carroll. In Through the Looking-Glass, the White Queen promised Alice jam every other day. “The rule is,” the Queen explained, “jam tomorrow and jam yesterday – but never jam today.”

Just like budget cuts and tax increases – always tomorrow and yesterday.

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Nokia unveils 2 new cellphone models, priced at $62

HELSINKI (Reuters) – Struggling Finnish cellphone maker Nokia unveiled on Monday two new cellphone models, the Asha 205 and the Asha 206, pricing both models at around $ 62, excluding subsidies and taxes.

Both models will go on sale this quarter.

Nokia unveiled a new Slam feature which allows consumers to share multimedia content like photos and videos with nearby friends almost instantly through Bluetooth connection.

(Reporting By Tarmo Virki)

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SEC chair Mary Schapiro leaving post

President Barack Obama announced Monday he had picked Securities and Exchange Commissioner Elisse Walter to replace outgoing Chairman Mary Schapiro, who plans to step down in mid-December. Schapiro has helmed the agency since January 2009, winning confirmation with the economy shaken to its core by the global financial meltdown.

Walter is a former top official of the Financial Industry Regulatory Authority, Wall Street's industry-funded watchdog. She does not need Senate confirmation to her new post.

The new SEC chairman will likely find herself in the thick of a fight over financial industry regulations known as Dodd-Frank. Some Obama aides have said the president hopes to improve aspects of the law, while Republicans insist they want to roll back many of its provisions. And big banks want a say in how the new rules are implemented. 

Obama praised Schapiro for her stewardship of the SEC during a critical time.

"When Mary agreed to serve nearly four years ago, she was fully aware of the difficulties facing the SEC and our economy as a whole," Obama said in a statement. "But she accepted the challenge, and today, the SEC is stronger and our financial system is safer and better able to serve the American people—thanks in large part to Mary's hard work."

"I'm confident that Elisse's years of experience will serve her well in her new position, and I'm grateful she has agreed to help lead the agency," the president said.

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Leyes no reducen la sobreutilización de costosas terapias del cáncer prostático

NUEVA YORK, 26 nov (Reuters Health) – Dos estudios coinciden

en que las leyes para prevenir el uso excesivo de servicios de

salud no impiden que los médicos sigan indicando terapias

costosas para el cáncer de próstata.

Los autores hallaron que los médicos utilizaban cirugías

robóticas y radioterapias especiales para tratar la enfermedad,

sin importar si en la región existían leyes que exigen una

autorización oficial previa para el uso de instalaciones y

nuevos equipos médicos.

“Las leyes de certificación de necesidad se diseñaron para

alinear la demanda pública con el uso de distintos servicios”,

dijo el doctor Bruce Jacobs, autor principal de uno de los

estudios, de University of Michigan, Ann Arbor.

El gobierno de Estados Unidos impulsó que los estados

implementaran las leyes en los 70 y los 80, pero dejó de hacerlo

un par de décadas después. Aun así, algunos estados siguen

utilizándolas para controlar los costos.

En cada estudio, los autores analizaron tratamientos del cáncer

de próstata, que es el más común en los varones estadounidenses.

La Sociedad Estadounidense del Cáncer estima que a uno de cada

seis hombres se le diagnosticará cáncer prostático, pero que la

mayoría no morirá por esa causa. Estudios previos habían

mostrado que este cáncer es de lento crecimiento y que la

mayoría de los pacientes se puede controlar con espera vigilada.

El equipo de Jacobs revisó si en los estados con normas

estrictas (los que exigen aprobación hasta para el uso de

equipos de bajo costo) se utilizaban menos cirugías robóticas

para extirpar la próstata que en los estados con leyes no tan

estrictas o sin leyes.

En The Journal of Urology, los autores escriben que tanto el

costo de esos robots como si la cirugía robótica supera o no a

la cirugía tradicional para extirpar la próstata deberían ser

“la meta ideal” de revisión donde se aplican esas leyes.

En septiembre, por ejemplo, uno de los estudios que había

cuestionado la utilidad de la cirugía robótica demostró que los

hombres operados con la técnica robótica tuvieron pocas

complicaciones, pero puso en tela de juicio la conveniencia de

sus efectos en el largo plazo y su costo.

Pero otro estudio más reciente mostró que la cirugía robótica

reducía las complicaciones, las reinternaciones y las muertes

por causas quirúrgicas que los métodos tradicionales, según

informó Intuitive Surgical, el fabricante del sistema quirúrgico

da Vinci.

“Eso es importante para el paciente y para reducir el gasto del

sistema de salud”, indicó por e-mail Angela Wonson, vocera de

Intuitive Surgical.

En el nuevo estudio, los autores hallaron un aumento del uso

de la cirugía robótica para extirparle la próstata a un grupo de

beneficiarios de Medicare, independientemente de si el estado

contaba con leyes estrictas, más blandas o ninguna ley. Además,

la posibilidad de que un cirujano utilizara robots no tenía

relación alguna con la vigencia de las normas.

Un segundo estudio, a cargo del doctor Ganesh Palapattu, jefe

de oncología urológica de University of Michigan, analizó si las

leyes limitaban el uso de la radioterapia de intensidad modulada

o IMRT, por su sigla en inglés, o si controlaba el aumento de

los costos de atención del cáncer prostático (la IMRT permite

que los médicos orienten la radiación al tumor sin dañar el

tejido sano que lo rodea).

El equipo escribe que la IMRT es costosa y que, hasta ahora, no

habría sido comparada con otros tratamientos del cáncer de

próstata en un estudio aleatorizado, que es el diseño de

preferencia en la investigación clínica.

Al comparar el costo de tratar a una persona con cáncer

prostático en los estados con leyes y los estados sin leyes, el

equipo observó que las leyes no parecían influir en el control

de los costos de los tratamientos.

Palapattu opinó que es tiempo de reevaluar las leyes.

FUENTE: The Journal of Urology, online 19 de noviembre del

2012.

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UN climate talks open in Qatar

DOHA, Qatar (AP) — U.N. talks on a new climate pact resumed Monday in oil and gas-rich Qatar, where negotiators from nearly 200 countries will discuss fighting global warming and helping poor nations adapt to it.

The two-decade-old talks have not fulfilled their main purpose: reducing the greenhouse gas emissions that scientists say are warming the planet.

Attempts to create a new climate treaty failed in Copenhagen three years ago but countries agreed last year to try again, giving themselves a deadline of 2015 to adopt a new treaty.

A host of issues need to be resolved by then, including how to spread the burden of emissions cuts between rich and poor countries. That’s unlikely to be decided in the Qatari capital of Doha, where negotiators will focus on extending the Kyoto Protocol, an emissions deal for industrialized countries, and trying to raise billions of dollars to help developing countries adapt to a shifting climate.

“We all realize why we are here, why we keep coming back year and after year,” said South Africa Foreign Minister Maite Nkoana-Mashabane, who led last year’s talks in Durban, South Africa. “We owe it to our people, the global citizenry. We owe it to our children to give them a safer future than what they are currently facing.”

The U.N. process is often criticized, even ridiculed, both by climate activists who say the talks are too slow, and by those who challenge the scientific near-consensus that the global temperature rise is at least partly caused by human activity, primarily the burning of fossil fuels like coal and oil.

The concentration of greenhouse gases such as carbon dioxide has jumped 20 percent since 2000, according to a U.N. report released last week.

A recent projection by the World Bank showed temperatures are on track to increase by up to 4 degrees C (7.2 F) this century, compared with pre-industrial times, overshooting the 2-degree target that has been the goal of the U.N. talks.

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Rolling Stones turn back clock with hit-filled comeback

LONDON (Reuters) – The Rolling Stones turned back the clock in style on Sunday with their first concert in five years, strutting and swaggering their way through hit after familiar hit to celebrate 50 years in business.

Before a packed crowd of 20,000 at London‘s O2 Arena, they banished doubts that age may have slowed down one of the world’s greatest rock and roll bands, as lead singer Mick Jagger launched into “I Wanna Be Your Man”.

More than two hours of high-octane, blues-infused rock later, and they were still going strong with an impressive encore comprising “You Can’t Always Get What You Want” and “Jumpin’ Jack Flash”.

In between there were guest appearances from American R&B singer-songwriter Mary J. Blige, who delivered a rousing duet with Jagger on “Gimme Shelter” and guitarist Jeff Beck who provided the power chords for “I’m Going Down”.

Former Rolling Stones Bill Wyman and Mick Taylor were also back in the fold, performing with the regular quartet of Jagger, Ronnie Wood and Keith Richards on guitar and Charlie Watts on drums for the first time in 20 years.

“It took us 50 years to get from Dartford to Greenwich!” said Jagger, referring to their roots just a few miles from the venue in southeast London. “But you know, we made it. What’s even more amazing is that you’re still coming to see us…we can’t thank you enough.”

The Sunday night gig was the first of two at the O2 Arena before the band crosses the Atlantic to play three dates in the United States.

The mini-tour is the culmination of a busy few months of events, rehearsals and recordings to mark 50 years since the rockers first took to the stage at the Marquee Club on London‘s Oxford Street in July, 1962.

There has been a photo album, two new songs, a music video, a documentary film, a blitz of media appearances and a handful of warm-up gigs in Paris.

“STYLE AND PANACHE”

The reunion nearly did not happen. One factor behind the long break since their record-breaking “A Bigger Bang” tour in 2007 has been Wood’s struggle with alcohol addiction, while Jagger and Richards also fell out over comments the guitarist made about the singer in a 2010 autobiography.

But they eventually buried the hatchet, and Richards joked in a recent interview: “We can’t get divorced – we’re doing it for the kids!”

Critics were fulsome in their praise of the first comeback gig.

“Keith Richards has said that the beauty of rock and roll is that every night a different band might be the world’s greatest. Well, last night at the O2 Arena, it was the turn of the Rolling Stones themselves to lay claim to the title they invented,” wrote Neil McCormick of the Daily Telegraph.

“And they did it with some style and panache.”

The big question on every fan’s lips is whether the five concerts lead to a world tour and even new material. The Stones sang their two new tracks “Doom and Gloom” and “One More Shot”, which appeared on their latest greatest hits album “GRRR!”.

Richards has hinted that the five concerts ending at the Newark Prudential Center in the United States on December 15 would not be the last.

“Once the juggernaut starts rolling, it ain’t gonna stop,” he told Rolling Stone magazine. “So without sort of saying definitely yes – yeah. We ain’t doing all this for four gigs!”

The band has come in for criticism from fans about the high price of tickets to the shows – they ranged from around 95 pounds ($ 150) to up to 950 pounds for a VIP seat.

The flamboyant veterans, whose average age is 68, have defended the costs, saying the shows were expensive to put on, although specialist music publication Billboard reported the band would earn $ 25 million from the four shows initially announced. A fifth was added later.

“Everybody all right there in the cheap seats,” Jagger asked pointedly as he looked high to his left at the arena. “They’re not really cheap though are they? That’s the trouble.”

Among the biggest cheers on the night were for classics including “Wild Horses”, “It’s Only Rock and Roll” and “Start Me Up”.

There was even time for the odd reference to their advancing years.

“Good to see you all,” said Richards with a mischievous grin. “Good to see anybody.”

(Reporting by Mike Collett-White, editing by Paul Casciato)

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Egypt’s Mursi faces judicial revolt over decree

CAIRO (Reuters) – Egyptian President Mohamed Mursi faced a rebellion from judges who accused him on Saturday of expanding his powers at their expense, deepening a crisis that has triggered violence in the street and exposed the country’s deep divisions.

The Judges’ Club, a body representing judges across Egypt, called for a strike during a meeting interrupted with chants demanding the “downfall of the regime” – the rallying cry in the uprising that toppled Hosni Mubarak last year.

Mursi’s political opponents and supporters, representing the divide between newly empowered Islamists and their critics, called for rival demonstrations on Tuesday over a decree that has triggered concern in the West.

Issued late on Thursday, it marks an effort by Mursi to consolidate his influence after he successfully sidelined Mubarak-era generals in August. The decree defends from judicial review decisions taken by Mursi until a new parliament is elected in a vote expected early next year.

It also shields the Islamist-dominated assembly writing Egypt’s new constitution from a raft of legal challenges that have threatened the body with dissolution, and offers the same protection to the Islamist-controlled upper house of parliament.

Egypt’s highest judicial authority, the Supreme Judicial Council, said the decree was an “unprecedented attack” on the independence of the judiciary. The Judges’ Club, meeting in Cairo, called on Mursi to rescind it.

That demand was echoed by prominent opposition leader Mohamed ElBaradei. “There is no room for dialogue when a dictator imposes the most oppressive, abhorrent measures and then says ‘let us split the difference’,” he said.

“I am waiting to see, I hope soon, a very strong statement of condemnation by the U.S., by Europe and by everybody who really cares about human dignity,” he said in an interview with Reuters and the Associated Press.

More than 300 people were injured on Friday as protests against the decree turned violent. There were attacks on at least three offices belonging to the Muslim Brotherhood, the movement that propelled Mursi to power.

POLARISATION

Liberal, leftist and socialist parties called a big protest for Tuesday to force Mursi to row back on a move they say has exposed the autocratic impulses of a man once jailed by Mubarak.

In a sign of the polarization in the country, the Muslim Brotherhood called its own protests that day to support the president’s decree.

Mursi also assigned himself new authority to sack the prosecutor general, who was appointed during the Mubarak era, and appoint a new one. The dismissed prosecutor general, Abdel Maguid Mahmoud, was given a hero’s welcome at the Judges’ Club.

In open defiance of Mursi, Ahmed al-Zind, head of the club, introduced Mahmoud by his old title.

The Mursi administration has defended the decree on the grounds that it aims to speed up a protracted transition from Mubarak’s rule to a new system of democratic government.

Analysts say it reflects the Brotherhood’s suspicion towards sections of a judiciary unreformed from Mubarak’s days.

“It aims to sideline Mursi’s enemies in the judiciary and ultimately to impose and head off any legal challenges to the constitution,” said Elijah Zarwan, a fellow with The European Council on Foreign Relations.

“We are in a situation now where both sides are escalating and its getting harder and harder to see how either side can gracefully climb down.”

ADVISOR TO MURSI QUITS

Following a day of violence in Cairo, Alexandria, Port Said and Suez, the smell of tear gas hung over the capital’s Tahrir Square, the epicentre of the uprising that toppled Mubarak in 2011 and the stage for more protests on Friday.

Youths clashed sporadically with police near the square, where activists camped out for a second day on Saturday, setting up makeshift barricades to keep out traffic.

Al-Masry Al-Youm, one of Egypt’s most widely read dailies, hailed Friday’s protest as “The November 23 Intifada”, invoking the Arabic word for uprising.

But the ultra-orthodox Salafi Islamist groups that have been pushing for tighter application of Islamic law in the new constitution have rallied behind Mursi’s decree.

The Nour Party, one such group, stated its support for the Mursi decree. Al-Gama’a al-Islamiya, which carried arms against the state in the 1990s, said it would save the revolution from what it described as remnants of the Mubarak regime.

Samir Morkos, a Christian assistant to Mursi, had told the president he wanted to resign, said Yasser Ali, Mursi’s spokesman. Speaking to the London-based Asharq Al-Awsat newspaper, Morkos said: “I refuse to continue in the shadow of republican decisions that obstruct the democratic transition”.

Mursi’s decree has been criticized by Western states that earlier this week were full of praise for his role in mediating an end to the eight-day war between Israel and Palestinians.

“The decisions and declarations announced on November 22 raise concerns for many Egyptians and for the international community,” State Department spokeswoman Victoria Nuland said.

The European Union urged Mursi to respect the democratic process.

(Additional reporting by Omar Fahmy, Marwa Awad, Edmund Blair and Shaimaa Fayed and Reuters TV; Editing by Jon Hemming)

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Rolling Stones mark 50th year with London show

LONDON (AP) — The Rolling Stones are marking their 50th anniversary with a concert in London.

The band says R&B singer Mary J. Blige and rock guitarist Jeff Beck will be joining them on stage Sunday at the O2 Arena. Most of the tickets for the gig had sold out within minutes.

Mick Jagger, Keith Richards, Charlie Watts and Ronnie Wood will also be joined by former Stones members Bill Wyman and Mick Taylor, who will perform again with the band for the first time in more than 20 years.

The Stones are playing again in London on Thursday before going to the U.S. for a show in New York on Dec. 8 and in Newark, New Jersey, on Dec. 13 and 15.

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Saudi telco regulator suspends Mobily prepaid sim sales

(Reuters) – Saudi Arabia‘s No.2 telecom operator Etihad Etisalat Co (Mobily) has been suspended from selling pre-paid sim cards by the industry regulator, the firm said in a statement to the kingdom’s bourse on Sunday.

Mobily’s sales of pre-paid, or pay-as-you-go, sim cards will remain halted until the company “fully meets the prepaid service provisioning requirements,” the telco said in the statement.

These requirements include a September order from regulator, Communication and Information Technology Commission (CITC). This states all pre-paid sim users must enter a personal identification number when recharging their accounts and that this number must be the same as the one registered with their mobile operator when the sim card was bought, according to a statement on the CITC website.

This measure is designed to ensure customer account details are kept up to date, the CITC said.

Mobily said the financial impact of the CITC’s decision would be “insignificant”, claiming data, corporate and postpaid revenues would meet its main growth drivers.

The firm, which competes with Saudi Telecom Co (STC) and Zain Saudi, reported a 23 percent rise in third-quarter profit in October, beating forecasts.

Prepaid mobile subscriptions are typically more popular among middle and lower income groups, with telecom operators pushing customers to shift to monthly contracts that include a data allowance.

Customers on monthly, or postpaid, contracts are also less likely to switch provider, but the bulk of customers remain on pre-paid accounts.

Mobily shares were trading down 1.4 percent at 0820 GMT on the Saudi bourse.

(Reporting by Matt Smith; Editing by Dinesh Nair)

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