Apr. 21, 2008 20:13

End of Air France-KLM bid for Alitalia

Posted by NancyOta under [Finance ]
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Air France-KLM has announced that it will no longer seek to acquire Alitalia. See http://www.iht.com/articles/2008/04/21/business/21alitalia.php
 

Apr. 21, 2008 20:12

US investment firm strategies

Posted by NancyOta under [Finance ]
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This article discusses the likely changes in investment strategy which US investment firms will be making in light of the credit market crunch and the general downturn in the global economy. See http://www.iht.com/articles/2008/04/21/business/assets.php
 

Apr. 21, 2008 20:09

Market fluctations and US farmers

Posted by NancyOta under [Finance ]
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This article discusses the impact of the fluctuating economy - especially in food-based commodities - on US farmers. See http://www.iht.com/articles/2008/04/21/business/commodity.php
 

Apr. 21, 2008 20:08

Vodafone's brand recognition

Posted by NancyOta under [General ]
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Phone carrier Vodafone has become one of the most recognized brands according to a new survey. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7357560.stm
 

Apr. 21, 2008 20:04

Financial projections

Posted by NancyOta under [Finance ]
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This article discusses the projections of a Singapore financial group regarding the future of the global economic community. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7357998.stm
 

Apr. 21, 2008 20:02

Reaction to new British tax laws

Posted by NancyOta under [Finance ]
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This article discusses the efforts made by the British government to counteract the affects of its new - and highly controversial - tax laws. See http://news.bbc.co.uk/go/em/fr/-/2/hi/uk_news/politics/7359278.stm
 

Apr. 21, 2008 10:04

WTO Litigation and Dem candidates

Posted by NancyOta under [International Politics ]
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Found a comment by Obama, and posted on some blogs, that was pretty interesting. It was not interesting for its substance, but its striking lack of it, and promise to do actually nothing. As the blogger eloquently put it:

Tough Talk on China's Currency

The Democratic candidates were talking to the Alliance for American Manufacturing today, and they had some strong words on the Chinese currency issue.

From Obama:

It’s not just that China is following the path taken by so many other countries before it, and dumping goods into our market while not opening their own markets, something I’ve spoken out against. It’s not just that they’re violating intellectual property rights. They’re also grossly undervaluing their currency, and giving their goods yet another unfair advantage. Each year they’ve had the chance, the Bush administration has failed to do anything about this. That’s unacceptable. That’s why I co-sponsored the Currency Exchange Rate Oversight Reform Act. And that’s why as President, I’ll use all the diplomatic avenues open to me to insist that China stop manipulating its currency.

I thought the reference to "all the diplomatic avenues" was interesting. Does that include WTO litigation, which as we know has become less diplomatic and more legalistic over the years? Are his trade advisers carefully wording his statements to make sure he has not committed himself to bringing a complaint?

submitted by: Jim