Tuesday, August 26, 2008

This is good news that will make it to page 19 in the US press.

The dollar has climbed back to a six-month high against the euro, as continuing fears about the European economy hit the single currency.

With a key German business sentiment survey posting its worst reading in three years, the euro fell as low as $1.4571 in Tuesday trading.

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ICE raid.

In another large-scale workplace immigration crackdown, U.S. officials raided a factory here on Monday, detaining at least 350 workers they said were in the country illegally.

Numerous agents from Immigration and Customs Enforcement descended on a factory belonging to Howard Industries Inc., which manufactures electrical transformers, among other products.

As of late Monday afternoon, no criminal charges had been filed, said Barbara Gonzalez, an agency spokeswoman, but she said that dozens of workers had been “identified, fingerprinted, interviewed, photographed and processed for removal from the U.S.”

The raid follows a similar large-scale immigration operation at a meatpacking plant in Postville, Iowa, in May when nearly 400 workers were detained. That raid was a significant escalation of the Bush administration’s enforcement practices because those detained were not simply deported, as in previous raids, but were imprisoned for months on criminal charges of using false documents.

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Extortion is the one thing that they know.

North Korea said Tuesday that it had stopped disabling its main nuclear complex and threatened to restore facilities that the country has used to produce plutonium for nuclear weapons.

For months, U.S. experts, together with North Korean engineers, had been disabling key facilities at Yongbyon, north of Pyongyang, in a move that temporarily shut down the North’s only known source of plutonium. Reconstruction of the facilities would nullify a key foreign policy achievement for the outgoing U.S. president, George W. Bush.

North Korea often issues strident warnings as a negotiating tactic. But its declaration Tuesday further complicated Bush’s hopes of achieving a major breakthrough in North Korean nuclear disarmament before he steps down early next year.

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These people seem a little more serious than the protesters in Denver.

Thousands of anti-government demonstrators besieged government offices on Tuesday and briefly shut down a television station in some of the most aggressive actions in months of street protests.

Organizers called it their “final war” in an effort to oust the government of Prime Minister Samak Sundaravej, whom they accuse of corruption and of being a proxy for the former prime minister, Thaksin Shinawatra.

An estimated 30,000 protesters gathered outside several government ministries and entered the grounds of the prime minister’s office. To avoid them, he moved a scheduled cabinet meeting to the military headquarters.

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Bombing in Iraq.

A suicide bomber has struck at an Iraqi security checkpoint in the northern Diyala province, killing at least 28 people and wounding 42 others, police say.

The bomber on Tuesday, wearing an explosives vest, blew himself up in a crowd of Iraqi police recruits in the town of Jalawla.

As other parts of the country have stabilised over the last year, Diyala - both ethnically and religiously mixed - has remained one of the most violent parts of the country.

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I can imagine the feeling in Poland.

Georgian President Mikheil Saakashvili called the CEE leaders’ support “heroic” and “decisive” for the stabilization of the situation, the President’s Chancellery reported. George W. Bush also supported the initiative. However, some German and French media criticized the Polish President for not agreeing the visit beforehand with EU.

In Poland, the president’s visit was met with cautious support by the ruling Civic Platform and condemnation from the post-communist Democratic Left Alliance party. Polish society also took action on behalf of the Georgians. A charity drive and collection of food and medical equipment for Georgian civilians was held by the Polish Humanitarian Action, Caritas Polska and other charity organizations. Several protests took place at the Russian embassy and its consulates.

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Hope for the Philippines.

The war against Islamic terrorism in the south is being won, slowly. More and more of the terrorists are being identified and arrested, and the number of violent incidents is decreasing.

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Seems like Mr. Brown has not made everyone happy.

A 25-year-old man has been arrested by police in northern England amid claims he made terrorist threats against Prime Minister Gordon Brown and his predecessor Tony Blair.

The man was arrested under Britain’s Terrorist Act during an early morning raid at a property in Blackburn.

Police said the man’s arrest was part of an ongoing investigation by Lancashire police and the Greater Manchester counter terrorism unit.

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Let’s see if I have this right …

A windfall tax will be charged to energy companies and go to the government. Because of the shaky nature of energy development, the energy companies will have to charge more for their product. Regular citizens will pay more on a product that is already taxed by government. Government, after it bureaucratically skims off some of the money, will spend the rest on things that it thinks we need. Unfortunately this never includes money.

A stark warning that Britain’s worsening economy will cause ‘difficult social issues’ heaped fresh pressure on Gordon Brown yesterday, as more members of his Government broke ranks to demand a windfall tax.

The Prime Minister faces the prospect of the resignation of at least one ministerial aide if he fails to impose a new levy on energy companies’ profits, The Times has learnt.

A petition calling for a windfall tax has been signed by 70 Labour MPs, including three ministerial aides. Five other junior members of the Government have told The Times that they are backing the campaign. They include Rob Marris, Parliamentary Private Secretary (PPS) to Shaun Woodward, the Secretary of State for Northern Ireland, who indicated that he may quit over the issue.

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Probably won’t make the US papers.

The pound has hit its weakest levels against the dollar in more than two years, extending recent losses on fears about the health of the UK economy.

Sterling dropped as low as $1.8405 - its weakest since July 2006 - before recovering to $1.8542 by mid-afternoon in Europe.

Sterling has fallen sharply this month. As recently as mid-July, one pound bought two dollars.

The pound’s losses gathered pace on Friday due to fresh recession fears.

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They have video at the link.

Two iconic concrete cooling towers in South Yorkshire have been demolished in a controlled explosion.

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I’m thinking of investing in European concrete block.

For the people of Georgia, any optimism about the future has been suddenly displaced by uncertainty and worries from the past, as its conflict with Russia ends in swift defeat and humiliation.

Grand buildings of the Soviet era do not decay with dignity; the cheap materials mean they just moulder.

The concrete walls of the former presidential palace which is Eduard Shevardnadze’s Tbilisi home are streaked with water stains, the formal gardens as scruffy as the gaggle of soldiers guarding the gate.

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uncool.

The president of Switzerland stepped to a podium in Bern last May and read a statement confirming rumors that had swirled through the capital for months. The government, he acknowledged, had indeed destroyed a huge trove of computer files and other material documenting the business dealings of a family of Swiss engineers suspected of helping smuggle nuclear technology to Libya and Iran.
The files were of particular interest not only to Swiss prosecutors but to international atomic inspectors working to unwind the activities of Abdul Qadeer Khan, the Pakistani bomb pioneer-turned-nuclear black marketeer. The Swiss engineers, Friedrich Tinner and his two sons, were accused of having deep associations with Khan, acting as middlemen in his dealings with rogue nations seeking nuclear equipment and expertise.

The Swiss president, Pascal Couchepin, took no questions. But he asserted that the files — which included an array of plans for nuclear arms and technologies, among them a highly sophisticated Pakistani bomb design — had been destroyed so that they would never fall into terrorist hands.

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