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...same interest rate is almost certainly too high for the European Union's weakest economies. Germany's Economics Minister, Wolfgang Clement, recently urged Trichet to cut rates--so far, to no avail--and Italy's Welfare Minister, Roberto Maroni, even suggested that Italy should call a referendum on whether to readopt the lira. But after a meeting of the European central bank's council earlier this month that left policy unchanged, Trichet said the current rates were "appropriate" and "fully in line with what would be best to ... foster growth and job creation." The talk about Europe's dumping...
...online brokerages, Joe Ricketts, chairman of Ameritrade Holding, admitted last week. Ricketts hailed his firm as "a leader in consolidating this industry." But not everyone agreed. Hours after Ricketts' forecast, rival E*Trade Financial confirmed it had placed an unsolicited $6 billion bid for Ameritrade - but to no avail. Ameritrade "is not for sale," Ricketts said. So where else might online firms be looking to unite? Expect a shake-up of the Internet gambling market, says Chhabra. Gibraltar-based PartyGaming, the company behind the world's largest online poker firm, PartyPoker.com, last week beefed up its management ahead...
...Officers were sent to investigate a person who had passed out in the Yard. Upon arrival, the officers found this person awake, checked him or her for wants and warrants to no avail, and sent him or her away...
...replied "sure" to a journalist's query about whether a biopsy would be done, Nancy Reagan remained adamant that as little as possible be released about the operation. Speakes, backed by White House Chief of Staff Donald Regan, tried to persuade her to be more forthcoming, but to no avail. After Mrs. Reagan received preliminary findings of the biopsy, she decided to wait and tell her husband the next day, when the couple would be heading for Camp David. Rather than dissemble to reporters, Speakes stuck to a flat "no comment" until the President learned the news and announced...
...Moog's only guests, you and your entourage can avail yourself of a butler, a chef, a gym and a pool smack in the heart of Sydney's chic Darlinghurst quarter. Feel like having company? Then pop into the adjoining bar, which is open to the public and packed with local cognoscenti. If you really want to live the rock 'n' roll dream, there's a fully equipped recording studio on site. And Moog has even installed waterproof TV screens by the poolside, along with underwater speakers encased in glass. With diversions like these, it hardly seems worth the effort...