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Keyword: exchange

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  • Soldiers from 2 Koreas exchange fire - 2 shots from NKorea and 6 back from SKorea, no injuries

    07/31/2006 5:59:18 PM PDT · by NormsRevenge · 10 replies · 460+ views
    AP on Yahoo ^ | 7/31/06 | AP
    SEOUL, South Korea - Soldiers from North and South Korea exchanged fire along their border late Monday but no one is hurt, South Korea's Joint Chiefs of Staff said. The clash happened just before sunset when North Korean soldiers fired two bullets toward South Korean guard post in the eastern part of the Demilitarized Zone and South Korean soldiers immediately fired back six rounds, the top commanders said.
  • Protectionism in Spain's Capital Markets

    07/14/2006 2:20:25 PM PDT · by Sean Flynn · 13 replies · 296+ views
    LONDON -- When Spanish stock-exchange operator Bolsas & Mercados Espanoles lists shares on its own market today, opening itself to investors for the first time in its 170-year history, it will do so under one condition: You must ask permission to buy more than 1%. The Spanish government put the requirement in during May as BME, based in Madrid, was gearing up for its market debut. Under the rule, no investor can build up a direct or indirect stake of more than 1% in BME without consent from the country's market regulator, the Comision Nacional del Mercado de Valores, or...
  • Currency Games

    05/15/2006 5:37:33 AM PDT · by Brilliant · 6 replies · 402+ views
    WSJ ^ | May 15, 2006 | WSJ
    Treasury Secretary John Snow is getting pounded in the U.S. for his refusal last week to brand China a "currency manipulator." We'd say it may have been his finest hour... Congressmen on the protectionist left and right, Big Labor and Big Business all gave Mr. Snow the business... New York Senator Chuck Schumer bellowed that the Administration "put geopolitical concerns ahead of economic concerns." Uh, no, Senator. The Administration was doing precisely the opposite and putting economic concerns ahead of narrow domestic politics. By far the easier short-term course would have been to declare China a "manipulator" in an election...
  • Crude oil rises amid concerns of supply disruption

    05/03/2006 2:18:59 PM PDT · by familyop · 5 replies · 637+ views
    AFP via Business Times ^ | May 4, 2006 | AFP
    LONDON: Crude oil traded above US$74 (US$1 = RM3.61) a barrel before a United Nations hearing on Iran's nuclear programme, amid concern oil supplies will be disrupted from the country. The US, UK and France will ask for the United Nations to demand that Iran halt its uranium enrichment programme. Iran is the world's fourth-largest oil supplier. Iranian authorities "would have their own embargo; they wouldn't send their oil to certain countries," said Deborah White, an analyst with Societe Generale SA. "To cut oil exports will certainly not be their first choice. They need the money." Crude oil for June...
  • Oil marches towards $75 as Iran tension heats up

    05/03/2006 12:29:35 AM PDT · by familyop · 11 replies · 590+ views
    Reuters ^ | 03MAY06 | Felicia Loo
    SINGAPORE, May 3 (Reuters) - Oil rose to almost $75 a barrel on Wednesday, near record highs as mounting tension over Iran's nuclear plan compounded worries of global supply disruptions amid forecast of falling fuel stocks in the United States. U.S. light, sweet crude traded up 34 cents at $74.95 a barrel by 0331 GMT, extending a rally for a fourth successive day after a jump of 91 cents on Tuesday. Prices were within striking distance of their all-time peak of $75.35 a barrel on April 24. IPE Brent crude matched Tuesday's record of $74.97 a barrel, but was later...
  • Exchange Pilot Assignment Strengthens Australia, U.S. Ties

    04/03/2006 5:44:49 PM PDT · by SandRat · 2 replies · 214+ views
    FAIRCHILD AIR FORCE BASE, Wash., April 3, 2006 – Foreign exchange pilots from Australia assigned here are helping their U.S. counterparts carry out global air refueling, airlift and humanitarian assignments. The exchange program selects the best pilots in the Royal Australian Air Force with a minimum of 1,500 flying hours. Although instructional experience is not essential, it is a highly desirable factor to be selected for the three-year program, officials said. "They are sending us their best qualified pilots," said Air Force Maj. Dennis Bernier, 93rd Air Refueling Squadron assistant director of operations. "They are all outstanding pilots and huge...
  • Saddam Insists He's Still Iraqi President - Excerpts From Saddam-Judge Exchange

    03/15/2006 10:45:59 AM PST · by NormsRevenge · 31 replies · 740+ views
    AP on Yahoo ^ | 3/15/06 | Bassem Mroue - ap
    BAGHDAD, Iraq - Saddam Hussein testified Wednesday for the first time at his trial, and the judge closed the court after the ex-dictator's speech calling for Iraqis to end sectarian violence and fight U.S. troops instead. Even as the judge repeatedly yelled at Saddam to stop making what he called political speeches, the deposed leader read from a prepared text, insisting he was still Iraq's president. "Let the (Iraqi) people unite and resist the invaders and their backers. Don't fight among yourselves," he said, praising the insurgency. "In my eyes, you are the resistance to the American invasion." Finally, Chief...
  • A Dubious Sign of the Times

    03/09/2006 8:32:37 AM PST · by Grampa Dave · 12 replies · 741+ views ^ | March 7, 2006 | Tim Beyers
    Motley Fool A Dubious Sign of the Times Tuesday March 7, 3:17 pm ET By Tim Beyers I've long wanted to own stock in New York Times (NYSE: NYT - News) for several reasons. I love the paper. I'm a big fan of And then there's sentimental angle: I'm a New York native. But there's one big reason why I'm not buying the stock. A check of the proxy statement filed with the Securities and Exchange Commission (SEC) on Friday reveals that chairman Arthur Sulzberger Jr. and CEO Janet Robinson both received hefty bonuses despite meeting less than 60%...
  • U.S. releases Iraqi women prisoners

    01/26/2006 12:17:38 PM PST · by B Knotts · 10 replies · 614+ views
    Seattle Times ^ | 1/26/06 | Sameer N. Yacoub
    BAGHDAD, Iraq – The U.S. military released five Iraqi women detainees today, a move demanded by the kidnappers of an American reporter to spare her life, but an official said the release was coincidental. The women were freed from U.S. custody and delivered to the home of a senior Sunni Arab politician in Baghdad, where they were returned to their families, according to an Associated Press photographer at the scene. They were later driven away in taxis. Armed men who abducted Jill Carroll on Jan. 7 in Baghdad have threatened to kill the freelance reporter for the Christian Science Monitor...
  • Chinese Immersion

    09/08/2005 1:47:23 PM PDT · by Paul Ross · 21 replies · 810+ views
    Jordan Independent ^ | August 25, 2005 | Brandon Otte
    Drew DeCorsey (middle) poses with some friends she made while in China. Chinese Immersion: DeCorseys take trip to OrientWednesday, August 24, 2005By Brandon Otte,Staff WriterA month-long trip to China was all it took to make Jordan Elementary School Principal Stacy DeCorsey appreciate her school a little more.DeCorsey and her family went to Linyi, a city in one of the most populous country in the world, as part of a group of teachers working with Chinese children on their English language skills."There were people everywhere," she said.The group taught English emergence. They worked with the students on their English conversational...
  • Exchange program connects U.S., Dutch Airmen

    08/25/2005 5:49:09 PM PDT · by SandRat · 3 replies · 371+ views
    Air Force Links ^ | Aug 25, 2005 | Louis A. Arana-Barradas
    VOLKEL AIR BASE, Netherlands -- Training young pilots to push the F-16 Fighting Falcon to its operational limits is a job Lt. Col. David Stine loves as much as flying. Even better is doing both those things with the Royal Netherlands Air Force, he said. That is just what he has done for three years as an exchange pilot at this busy fighter base. The colonel is a training instructor pilot with the Dutch air force’s 306th Tactical Fighter Training Squadron. He said the job is satisfying and has an important purpose. “From the start, I try to instill in...
  • National Bank of Ukraine: Between Inflation Devil and Liberalization Sea

    08/18/2005 12:12:15 PM PDT · by jb6 · 186+ views
    Forum Ukraine/IntelliNews - Ukraine This Week ^ | 18 August | Roman Bryl, Ukraine Analyst
    Verkhovna Rada speaker Vladimir Lytvin during his meeting with representatives of Kherson shipbuilding yard on Aug 12 made a harsh declaration that the real level of consumer inflation exceeds 2-fold data of state statistics committee (SSC). According to Lytvin, inflation makes up 15% ytd whereas SSC in the beginning of August put it at just 6.7% y/y in Jan-Jul. Such a declaration by the speaker may be regarded as a political move, taking into consideration the informal start of March 2006 parliament election campaign. But there is one thing that gives extra credence to Lytvin's words. Speaking actual real inflation,...
  • Chilling Exchange in Gush Katif

    08/15/2005 8:59:32 PM PDT · by Nachum · 35 replies · 984+ views ^ | Aug 15, '05 | Hillel Fendel
    A woman in Morag threatens to employ violence against herself and her children -and Noga Cohen of Kfar Darom, three of whose children lost their legs in a terrorist attack, attempted to mollify her. The woman, named Ofrah, a 17-year veteran of Morag in southern Gush Katif, screamed at an army officer who arrived to deliver the expulsion notices: "By what right do you come and throw me out of my house? Did I hurt anyone? Did I do something? You're coming in the name of the law, in the name of the government - I'd like to see Ariel...
  • Euro stronger as dollar loses momentum after data

    08/02/2005 12:47:04 PM PDT · by jb6 · 6 replies · 388+ views
    AFP ^ | 2 Aug 2005
    LONDON (AFP) - The euro gained further ground against the dollar in late European trade in spite of support for the US currency from macroeconomic data earlier in the day that pointed to continuing growth in the US economy. ADVERTISEMENT The euro rose to 1.2206 dollar from 1.2177 late on Monday in New York. The dollar was trading at 111.37 yen, against 112.21 on Monday. The dollar traded briefly higher following data on factory goods and personal spending data, but was unable to sustain the rally. Official figures showed US-made factory goods increased by 1.0 percent in June, in line...
  • China launches currency shake-up

    07/21/2005 2:05:19 PM PDT · by CaptIsaacDavis · 7 replies · 492+ views
    BBC ^ | July 21, 2005 | BBC
    China launches currency shake-up China has revalued its currency, the yuan, for the first time in a decade - a move welcomed by the US, a long-time critic of its exchange-rate policy. The reform is being seen as the first step towards the liberalisation of China's tightly controlled currency. The yuan will no longer be pegged to the dollar, but will float against a basket of currencies. It will also appreciate against the dollar, mollifying critics who say a cheap yuan has helped Chinese exports. "I welcome China's announcement today that it is adopting a more flexible exchange rate regime,"...
  • Euro Hits Low Point Against U.S. Dollar

    06/15/2005 5:34:48 AM PDT · by Brilliant · 22 replies · 731+ views
    AP via Yahoo! ^ | June 15, 2005 | AP
    FRANKFURT, Germany (AP) -- The euro dropped to its lowest level against the U.S. dollar since last August on Wednesday as markets awaited economic data from the United States. The 12-nation euro bought as little as $1.2018 -- the lowest level since Aug. 27, when it bought $1.2005. By midday it was back up to $1.2035, still below the $1.2047 it bought in New York late Tuesday. The British pound rose to $1.8077 from to $1.8075. The dollar was up slightly against the Japanese yen, rising to 109.37 yen from 109.32 yen. Markets were looking ahead to U.S. reports on...
  • Yuan Answers? [interesting take]

    06/10/2005 5:36:17 AM PDT · by Brilliant · 4 replies · 398+ views
    The Wall Street Journal ^ | June 10, 2005 | PHILLIP SWAGEL
    ...the U.S. has turned up the volume get China to stop fixing the exchange rate ... But many think that China will not want to be seen as buckling under U.S. pressure: Public demands...will only make the Chinese take longer... U.S. officials know this. So why are they pushing? ... Over time, the move to a flexible yuan will be good for the U.S... At first, however, the U.S. will feel a sting from a stronger yuan. If China's currency is undervalued by 27%, ...U.S. consumers have been getting a 27% discount on everything made in China, while the...
  • What about a Worldwide IRS?

    04/28/2005 1:09:59 PM PDT · by MikeEdwards · 16 replies · 553+ views
    CFP ^ | April 28, 2005 | Nathan Tabor
    Tax time is behind us now, and most American citizens would be happy not to have to think about the taxman’s hand in their pockets for another year. The IRS today is out of control. There are over 30,000 pages of tax code, and it takes an accountant or a tax service to file your taxes. Wouldn't it be nice if we could simplify the tax code and eliminate the IRS? Good news! The United Nations wants to do that for us. However, this creates another problem. The UN wants to create it’s own global IRS. Yes, you read that...
  • Foreign Exchange Program for Terror

    03/31/2005 3:31:03 PM PST · by Nachum · 1 replies · 336+ views
    FrontPage Magazine ^ | March 25, 2005 | Lee Kaplan
    College exchange students often visit other countries to learn of other cultures, appreciate the past, or gain valuable insight into other regions. Few go to be indoctrinated consciously for the purposes of political -- and literal -- warfare. However, the International Solidarity Movement and the Bethlehem Bible College have put together a program that does just that. The ISM has long sent American students to the Middle East, where they undergo training by the ISM-ally, the Popular Front for the Liberation of Palestine, a known terrorist group, and then physically obstruct Israeli forces trying to nab Palestinian terrorists. Front Page...
  • AFP: Iran and US in 'heated exchange' at Saudi anti-terror meet: report

    02/07/2005 10:53:36 AM PST · by NormsRevenge · 7 replies · 644+ views
    AFP on Yahoo ^ | 2/7/05 | AFP - Riyadh
    RIYADH (AFP) - Delegates from the United States and archfoe Iran engaged in a "heated" exchange at a counter-terrorism conference in Saudi Arabia, the local media reported but a US official insisted the encounter was "professional." "The exchange that took place in the first general assembly was a professional one reflecting differences in views between the US and Iranian delegations," a US embassy spokesperson in Riyadh told AFP. But the English-daily Saudi Gazette said the Iranian and US delegations at the closed-door conference were reportedly "locked in a heated exchange... when the issue of what constitutes terrorism arose." Diplomatic sources...