Word: tradings
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...Whatever the solution, the needle come back around to pointing to the a nationalization of the American banking system. There is too little equity left in the banks for them to trade for government assistance...
...Proponents of the third runway justify such sacrifices in the name of competitiveness: Heathrow, Europe's busiest airport, attracted around 67 million passengers last year. That's down 1.4% since 2007 and is expected to fall further this year, but Future Heathrow, a coalition of businesses and trade unions with interests in the aviation community, says additional capacity will be needed further down the line. "The U.K. needs to fight in the global market like any other country, and that market has gotten a lot tougher recently," says Baroness Jo Valentine, the chief executive of London First, a lobby group...
...George W. Bush, whose attitude toward France has ranged between annoyance and contempt - or at least that's the perception here. (The feeling is mutual.) "I'm shocked that among the last moves by the outgoing Bush administration is this increase in duties," fumed secretary of state for foreign trade Anne-Marie Idrac, who like most French officials believes the singling out of a famous French product is more than just a coincidence...
...trade officials say the strategy is to "shut down trade in the targeted products," and thereby create sufficient pressure in affected sectors to unblock the deadlock over the E.U. beef ban. "Imports of Roquefort cheese have continued since 1999, notwithstanding the imposition of 100% duties," U.S. trade spokeswoman Gretchen Hamel told the AFP. "We expect that a 300% duty will have the desired effect on imports...
...Perhaps. But departing Bush officials shouldn't count their poulets before they've hatched. First off, Roquefort sales to the U.S. represent just 2% - or 400 tons - of the total Roguefort market. The 1998 World Trade Organization ruling that permits Washington to retaliate over the beef ban also limits that sanction to less than $116.8 million in annual European imports to the U.S. - not exactly a sum capable of forcing trade policy capitulation. And that original decision was undermined by a WTO revision last October, which accepted previously disputed scientific evidence from the E.U. on the health risks of hormone...