JUL
5
2007

Bank of England raises key rate a fifth time to 5.75%

Bank of England policy makers raised interest rates for the fifth time since August and said they´re concerned inflation will stay above target, adding to investor speculation that at least one more increase is likely this year.

JUL
5
2007

Brazil comes to the rescue of Argentina with electricity

Argentina has requested energy assistance from Brazil to overcome the very extreme winter the country is suffering, according to sources in Brasília, reports the Brazilian press. The request, these sources say, was done by Argentine President Nestor Kirchner in a private meeting with his Brazilian counterpart Luiz Inácio Lula da Silva.

JUL
5
2007

Surge seen in applications for citizenship

The number of legal immigrants seeking to become United States citizens is surging, officials say, prompted by imminent increases in fees to process naturalization applications, citizenship drives across the country and new feelings of insecurity among immigrants.

JUL
5
2007

Europe heads to beach, Americans head to work

As Europe´s workers take a few weeks of holiday this summer, their American colleagues will be lucky to get a few days off work, says a report published by the European Trade Union Institute.

JUL
5
2007

European Union seeks out Brazil as a new trading partner

The European Union invited Brazil yesterday to join a small group of strategic partners in what the Brazilian president, Luiz Inácio Lula da Silva, said would revive a historic relationship.

JUL
4
2007

South Korea to send North oil in nuclear shutdown deal

South Korea will start shipping oil to North Korea next week, an official said on Wednesday, a day after U.N. nuclear inspectors said the reclusive state had agreed to steps verifying a shutdown of its nuclear program.

JUL
4
2007

More laws passed requiring flags to be made in U.S.A.

Minnesota has passed the strongest measure, a new law that goes into effect at year´s end requiring every Old Glory sold in state stores to be domestically produced. Violations are a misdemeanor, punishable by up to a $1,000 fine and 90 days in jail.

JUL
4
2007

Brazil and EU to launch strategic partnership

Cooperation agreements will be launched during the 1st Brazil-European Union Summit, to take place in Lisbon. The document, elaborated by European authorities, points out the importance of conclusion of EU-Mercosur association agreements, the strengthening of multilateralism, cooperation to face global challenges and regional integration, among others.

JUL
4
2007

U.K. panel recommends changes to proposed climate change law

A panel of U.K. parliament members said the government should alter its proposed climate change law so an independent committee can set targets for cuts in emissions of carbon dioxide, the main gas blamed for global warming.

JUL
4
2007

Chavez gives Brazil, Paraguay ultimatum over trade zone

Venezuelan President Hugo Chavez stepped up pressure on Brazil and Paraguay Tuesday to ratify his country´s entry into a South American trade bloc, giving them a September deadline to do so.

JUL
3
2007

Merkel unveils climate plan, alarms industry at costs

German Chancellor Angela Merkel unveiled plans to slash greenhouse gas emissions, a step hailed by environmental groups though criticized by industry as meaning higher energy bills.

JUL
3
2007

A slippery, writhing trade dispute

At the Xulong eel factory here, a team of workers slice eels, lop off their heads and push them through a huge assembly line that will cook and package them for millions of customers around the world.

JUL
3
2007

Keeping patients’ details private, even from kin

An emergency room nurse in Palos Heights, Ill., told Gerard Nussbaum he could not stay with his father-in-law while the elderly man was being treated after a stroke. Another nurse threatened Mr. Nussbaum with arrest for scanning his relative’s medical chart to prove to her that she was about to administer a dangerous second round of sedatives.

JUL
3
2007

Clues to the new dynamic on the Supreme Court

Experienced Supreme Court lawyers figured out long ago that they had to pitch their arguments to Justice Anthony M. Kennedy and Justice Sandra Day O’Connor, who for years shared a place at the court’s center.

JUL
3
2007

Arizona Governor signs tough bill on hiring illegal immigrants

Expressing frustration with the lack of a federal immigration law overhaul, Gov. Janet Napolitano of Arizona signed a bill yesterday providing what are thought to be the toughest state sanctions in the country against employers who knowingly hire illegal immigrants

JUL
3
2007

Slavery team frees 1,100 Brazil workers

Brazil´s government anti-slavery team freed more than 1,000 labourers from inhumane working conditions on a sugar cane plantation in the Amazon, officials said on Monday.

JUL
2
2007

Gulf banks discussing mega-merger

Emirates Bank International and National Bank of Dubai are discussing a merger to create the Gulf´s largest bank by assets and market value.

JUL
2
2007

National Confederation of Industries defends bilateral agreements

With the impasse in the WTO Doha Rounds, the National Confederation of Industries wants Brazil to seek negotiation of trade agreements with other countries and blocs, like the United States, European Union and the Gulf Cooperation Council.

JUL
2
2007

Oil steadies above $71, thin U.S. fuel stocks support

Oil steadied above $71 a barrel on Monday, underpinned by falling gasoline inventories in top consumer the United States and expectations for a recovery in refinery use.

JUL
2
2007

On African isle, oil-related corruption before oil

A decade ago, geologists found signs that one of Africa’s least-known countries, the tiny island nation of São Tomé and Principe, might hold a king’s ransom in oil.

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