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Posted by BradyNet ( Thursday, March 18, '04 )
 
*NEW* Stay on top of important market events with the IdeaGlobal/BradyNet Economic Calendar

 GLOBAL MARKET HIGHLIGHTS
*More delays in attempt to unseat Chávez 03-18-04 (Financial Times) Complex legal wrangles are set to delay further the result of an opposition campaign to force Hugo Chávez,
*Statistics lie on the true cost of living 03-18-04 (Yahoo) WHAT IS THE MATTER with the whiny American voters?
*Foreign Tourists Enjoy Weak U.S. Dollar 03-18-04 (Yahoo) Nicola Ross held up a gray and black sneaker for her husband, Ian, to examine in a Puma store aisle piled high with boxes of tennis shoes.
*Improving economy sees default-free February 03-18-04 (Yahoo) Not one company with rated corporate debt defaulted last month, the first default-free month in more than six years.
*IMFs Krueger Says Argentina Must Raise Primary Surplus 03-17-04 (Yahoo) Argentina must raise its primary surplus target above the current year's 3%-of-gross domestic product level for 2005 and 2006, according to acting International Monetary Fund (news - web sites) managing director Anne Krueger.
*IMF Upgrades World 2004 GDP Outlook To +4.6% - Handelsblatt 03-17-04 (Yahoo) The International Monetary Fund (news - web sites) will revise up its forecasts for world economic growth and also for countries such as Germany and the U.S.,
*The president should size up the job numbers here 03-17-04 (Yahoo) Although he would rather be wrapped in the flag as the "war president," George Bush is increasingly forced to defend his economic policies

 LATIN AMERICA

 ASIA
*Shell To Sell Entire Stake In Chinas Sinopec 03-18-04 (Yahoo) Royal Dutch/Shell (NYSE:RD - News) Group (RD, SC) Wednesday said it was selling its entire stake of 1.85 billion shares in China Petroleum & Chemical Corp.
*Global entertainment czars gung-ho over India 03-18-04 (Yahoo) the fifth convention of the global entertainment business, whizzed through the lakeside Renaissance Hotel in Mumbai this week,
*China Aims to Cut Pollution From Scrap Metal Industry 03-17-04 (NY Times) Eager to become the world's workshop, but wary of becoming its trash bin along the way, China is laying plans for stricter regulation of the scrap industry.

 OIL PRICES
*Oil prices surge to 13 year high 03-18-04 (BBC) US crude oil prices have reached their highest level since 1990 as ongoing global terrorism fears continue to put an upward pressure on the market.
*U.S. Oil Hits $38 as Gasoline Stocks Fall 03-18-04 (Yahoo) Oil prices roared to fresh one-year highs on Wednesday with U.S. crude hitting $38 a barrel after another drop in already low gasoline supplies.
*U.S. Shut Out of Saudi Oil Contracts 03-17-04 (Yahoo) No U.S. firms were selected for natural-gas deposit exploration projects in Saudi Arabia,
*Oil price breaks post-Iraq war high 03-17-04 (Yahoo) The crude oil price edged to a new post Iraq (news - web sites) war high, propped up by terrorism nerves after the Madrid blasts and the prospect of an OPEC (news - web sites) production cut
 
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03-18-04  Advice55: They are going to find Bin Laden....

Probably inside a videotape or a peacture, after the next terrorist event happens in USA or Japan....


03-18-04  carib: Good news for IEBA and Metrogas?:
<La semana pasada, un equipo de técnicos negoció con el FMI el ajuste de tarifas de los servicios públicos que prestan las empresas privatizadas.

Aunque el Gobierno prometió que el porcentaje de ajuste de tarifas de los servicios públicos de gas y electricidad no será mayor a un dígito, la carta de intención firmada la semana pasada por el Gobierno y el FMI precisa que el rango de aumento de tarifas previsto para gas y electricidad será de 10 a 35%.

indica el documento rubricado por las autoridades del organismo de asistencia financiera que será estudiada por el directorio el lunes que viene, cuando el gobierno tiene previsto hacer pública la carta de intención.

Más adelante, el texto afirma que "el aumento será aplicado retroactivamente a febrero de este año en el caso de la electricidad. En cambio, el incremento en el precio del gas entrará en vigencia a partir de mayo de 2004, tras las audiencias públicas." >


03-18-04  carib: Gaucho: were you surprised by BACEN cosmetic rate cut? Does it have a non-cosmetic meaning?

03-18-04  Cheetah: omisiones de organismos nacionales competentes tales como la Fiscalía General de la República y la Defensoría del Pueblo ----------- PRESOS !!!

y PRESOS los Guardias Nacionales abusadores !!!

VIVA LA LIBERTAD !!! Venezuela se salvara !!!


03-18-04  Cheetah: it's getting hotter...these crimes do not prescribe...CIDH requires "names" to be given on human rights abusers...Pinky/Castro orders may start falling on deaf ears:

CIDH admite caso contra el Estado venezolano por agresiones a Globovisión

La Comisión Interamericana de Derechos Humanos admitió el caso contra el Estado venezolano por las agresiones a Globovisión. Entre otros aspectos, en el texto se denuncia la omisión de los organismos fiscales en la toma de decisiones. La adopción de las medidas necesarias para la identificación de los imputados, así como la condena de las agresiones y los trabajadores de los medios de comunicación, también se cuentan en el escrito.

El 12 de marzo de 2004 la Comisión Interamericana de los Derechos Humanos informó sus decisiones adoptadas en su 119° período ordinario de sesiones, en cuya oportunidad hizo público que había aprobado el Informe número 7/2004 , mediante el cual admitió la Petición número O487/03 interpuesta por un grupo de víctimas integradas por periodistas, camarógrafos, asistentes de cámara y demás trabajadores, accionistas y directivos de Globovisión contra el Estado venezolano (caso Gabriela Perozo y otros ). Conforme al Reglamento de la CIDH la referida Petición ha quedado registrada bajo el Caso número 12.442.

La petición había sido introducida el 27 de junio de 2003 por un grupo de víctimas de Globovisión, quienes denunciaron la violación, por actos imputables a la República Bolivariana de Venezuela, de sus derechos humanos a la libertad de expresión, a la integridad personal, a las garantías judiciales y a la protección judicial, consagrados en los artículos 13, 5, 8 y 25 respectivamente, de la Convención Americana sobre Derechos Humanos; así como la violación de las obligaciones internacionales de respeto y garantía de dichos derechos, que están a cargo del Estado venezolano en los términos pautados por los artículos uno y dos de la misma Convención , en virtud de las agresiones sufridas por los peticionarios y víctimas de Globovisión.

Entre las agresiones denunciadas ante la CIDH están identificados ataques y agresiones físicos y verbales por parte de agentes del Estado y de ciudadanos partidarios del gobierno nacional contra trabajadores de Globovisión, ataques violentos contra la sede y bienes de Globovision, y el hostigamiento y la agresión sistemática del Presidente de la República Bolivariana de Venezuela y otros altos funcionarios del Gobierno contra los periodistas y demás trabajadores de la comunicación social de Globovisión y contra la televisora misma, sus accionistas y directivos.

Se denuncian las omisiones de organismos nacionales competentes tales como la Fiscalía General de la República y la Defensoría del Pueblo, quienes no han tomado medidas efectivas conforme a sus competencias constitucionales para investigar estos hechos en un plazo razonable y así evitar su continuación; así como la omisión del Poder Judicial en sancionar legalmente a los responsables de esos hechos en un plazo razonable.


03-18-04  Cheetah: hey pana...didn't you react the same way back in March/April 2002 ???

and then you had that (unfortunately) mismanaged so-called Coup(e)...

so i am now even more confident that events are forthcoming...


03-18-04  panasonic: <Cheetah: in veni Baduel esta a punto de rebelarse y meter presos a Chavez, Rangel, Cabello, Garcia Carneiro, Ivan Rincon y Carrasquero...> how did you know that? was supposed to be top-secret!

03-18-04  carib: Caracas.- Mediante un comunicado oficial, la Sala Electoral del Tribunal Supremo de Justicia aseguró que no remitirá a la Sala Constitucional el expediente contentivo de los casos relacionados al referendo revocatorio presidencial, tal como lo habría solicitado esta última el día de ayer.

La comunicación, firmada por el magistrado Alberto Martini Urdaneta, dice textualmente: "Esta Sala Electoral ratifica su competencia para el conocimiento de la causa que se ventila en esta sala accidental, y declara no a lugar los requerimientos en el oficio antes identificado, por cuanto los mismos son inaccedibles en derecho y así se declara".


03-18-04  Patient-Trader: <AL QAEDA TARGET TRAPPED> That message from the Paki military probably reads translated as following: "Dear Ayman, we have difficulties reaching you on your mobile phone therefore this little message by international media: We are close to your hide out. We are taking our night nap now - so plenty of chance for you to get away. All the best - see you in Islamabad."

03-18-04  carib: Cheeta: thanks for the tip. Last time I met a shark here, I tryed chatting in English, to no avail. Next time, I will try <castellano>.. :-)

03-18-04  ozymiani: <03-18-04 spurs: Depression has always existed mate. They just called it Ennui or Melancholia>: nope. They way you call it matters. The definition of "Depression" was created on the basis of a "thermodynamic" model of the human body (and mind) (pressure/repression/depression). It is <dated>. You'll have a lot of people of a specific generation and age saying that they <have low pressure in the morning>, while others will describe the same symptoms as <lacking sugar in the blood>. Of course, it's neither "sugar" nor "pressure": both description are unscientific.

Freud used a lot the term, "melancholy": THAT was the kind of reference he was nearer to.

TODAY, almost everything in the mental health field is labeled as a form of "depression": which is why also Freud's translation use the same term in place of "melancholy".

And now, ladies and gentlemen...

... <glutt's reply>. he certainly has one, since I was not talking to him


03-18-04  Cheetah: in veni Baduel esta a punto de rebelarse y meter presos a Chavez, Rangel, Cabello, Garcia Carneiro, Ivan Rincon y Carrasquero...

03-18-04  ozymiani: < Glutt: Ozy, if you think you know everything and have red every desired material then why you hang here?>: glutt, relax. I didn't read everything. I just read the authors about whom I comment. Of course I can reply when somebody sprouts imbecilities, factoids or platitudes about the same authors. It's very simple. I never entered a discussion about Petrarca or Kondratieff or Tolstoj, whom I never read.

On the other hand, you seem to egt hot about ANYTHING I say, especially when the discussion DOESN'T involve you. You jealous?

Why don't you play the good doog and flirt with wally as you used to?

Did he reject one time too many?


03-18-04  ozymiani: <Gaucho1>: <Closet Hegelites Hegel himself a closet platonist >: a bunch of intellectual faggots.

03-18-04  Cheetah: "Patient-Trader: Victorn, dont waste your breath. Carib ist posting from a little island in the middle of nowhere and there is absolutely no risk that he will suffer from any terrorists there"

sorry patient but summer ain't there yet in the USA...and the cuban trained sharks are still meandering in the caribbean, waiting for their signal to head back up to Miami-Dade...

Carib is under constant danger while in the water...although by donning a red boina and saying "Bush es un pendejo" he will be safe...


03-18-04  Gaucho1: <Closet Hegelites>

Hegel himself a closet platonist


03-18-04  victorn: fox, he just responded. the amount can not be increased: "take it or leave it". and since pilly is taking the diamond biz we received a few days ago, i'll have to take this one. :-)

03-18-04  victorn: fox, ok, i'll ask them if they can increase the amount.

03-18-04  carib: The latest scam-email version I am getting is from senders who claim to be close to death with no relatives, and willing to donate their vast fortunes to <charitable causes>...but the figure is usually higher than 2 mio...

03-18-04  Fox: <fox, because this is serious biz and not a scam. :-)> Well it still peanuts!

we all got the mail if we all accept we might get USD 0.001 & good ol Aristide can go home with a Benjamin Franklin!


03-18-04  victorn: fox, <and other jewelries> besides, they also have some of pilly's diamonds. :-)

03-18-04  victorn: fox, because this is serious biz and not a scam. :-)

03-18-04  Fox: <($2,000,000.00)>

Only 2 mio!!!!!! C´mon!!!! Why not a decent $ 200 mio!!!!


03-18-04  victorn: amigo, please provide some references on haiti's Luke Hansen, as i want to go into biz with him. thanks.

Hello,

Kindly pardon me for contacting you at such a short notice without any proper introductions. It is because of the urgent situation. My sources say we can work with you but we must keep it all anonymous.

I am Luke Hansen, the Personal Assistant to Ex. President Jean-Bertrand Aristide who until recently (29th February 2004) was the President of Haiti. But due to rebellion against him, he was forced to flee into exile to pave way for peace to return to Haiti. Most of us are scattered around different countries in the World. I have political asylum in the Central African Republic, but our movements are completely restricted. However before we left Haiti I made a secret and completely anonymous deposits of valuable cash worth Two Million United States Dollars ($2,000,000.00) and other jewelries into the vaults of an International Security company in Europe on behalf of President Aristide with specific instructions. Our intentions were to transfer these money and other valuables to a trusted foreigner who can receive the consignment on our behalf and keep the money safe until we can come over. Now with the present situation, I have therefore been mandated to contact you and seek your cooperation to receive these funds on our behalf. For your efforts you will get a percentage of this money based on our agreement. I assure you that this transaction is safe.

Once we are in agreement, all I have to do is send instructions to the Security Company to deliver the consignment to you and you can track the progress through them. If this offer is acceptable to you please contact me immediately.

I await your response

Best Regards,

Luke Hansen


03-18-04  Fox: <<AL QAEDA TARGET TRAPPED>> http://www.sky.com/skynews/home

03-18-04  victorn: ISLAMABAD, Pakistan - Pakistani troops believe they have surrounded al-Qaida No. 2 Ayman al-Zawahri in an operation near the Afghan border, three senior Pakistani officials told The Associated Press on Thursday.

The officials, who spoke to AP on condition of anonymity, said intelligence indicated the Egyptian-born al-Zawahri has been cornered in an operation that began Tuesday in South Waziristan involving hundreds of troops and paramilitary rangers.


03-18-04  carib: Must be night now in Pak. I hope they really got him. Congrats to Musharraf, in that case: highly deserved.

03-18-04  manya: al-qaeda no. 2 surrenders to pakistan troops, sky news says

03-18-04  carib: March 18 (Bloomberg) -- U.S. Treasury notes fell amid reports by Cable News Network that ``high level'' al-Qaeda forces are surrounded on the Pakistan-Afghanistan border

03-18-04  manya: March 18 (Bloomberg) -- Pakistan President Pervez Musharraf said a ``high-value'' al-Qaeda target is surrounded at the Pakistan-Afghanistan border, Cable News Network reported. Pakistani armed forces and militia have been involved in fierce fighting for the last two days, CNN said. Musharraf said armed forces have surrounded a group of al-Qaeda fighters, CNN reported.

03-18-04  carib: CAIRO, Egypt -- An Islamic militant group that had claimed responsibility for the train bombings in Spain says it supports the re-election of President George W. Bush. The group said it needs what it calls Bush's "idiocy and religious fanaticism" to "wake up" the Islamic world.

In the statement, the group also named its next possible targets. A London-based Arabic newspaper said the countries mentioned were the United States, Japan, Italy, Britain or Australia. The paper said on its Web site that it got a statement from the group, identified as "The Brigade of Abu Hafs al-Masri."

The group said it's calling a truce in Spain to give the country time to carry out its pledge to withdraw troops from Iraq. It also boasted that it can "change and destroy countries."


03-18-04  carib: Amigo: are <apagones> of 15 hours good for Meija re-election? I think rather not. I hope Meija is not re-elected.

03-18-04  carib: "Everything suggests that pullout from Iraq may be possible after the stabilization mission is crowned with success and, in my assessment soon, it may be the start of 2005," Kwasniewski told RMF-FM radio.

Poland commands a 9,500-strong multinational force in south-central Iraq that includes the Spaniards.

But he noted that Iraq now has an interim constitution and said it should soon have an interim government that will allow current forces to be replaced by peacekeepers.

He insisted, however, that Poland was staying the course in Iraq and would not bow to terror.

"We are facing the same threat as Spain," Kwasniewski said, but he stressed that "terrorism must be combatted, also with force."


03-18-04  Patient-Trader: Poland 'Misled' on Iraq, President Says - Kwasniewski said Poland may start withdrawing its troops from Iraq early next year, months earlier than the previously stated date of mid-2005. http://story.news.yahoo.com/news?tm...

New Yurope crumbling


03-18-04  amigo latino: DR, back to square one: Apagones have come back with force.

The govt is telling that the electicity supply situation has improved. It was true----just for one week(with blackouts of de 3-5 hours duration)about 2 weeks ago. But since one week we have blackouts of 10-15 hours every day in many areas of Santo Domingo. World Bank has alloted 100 million dollars for the electricity supply and a portion of it has been disbursed already to Mejia. Where did the money go???????


03-18-04  carib: More Pinky NYT: <Mr. Chávez, 48, is the child of schoolteachers and fancies himself a teacher despite his background as a paratrooper. He jumps up from an interview to draw maps and graphs on a blackboard, and thumbs through dog-eared revolutionary texts.

He looks and talks like the long-silent majority of lower-class Venezuelans. His most palpable legacy may be that he has taught the poor to demand more. That, said Maximilien Arlevaiz, an aide, is something that the dark-skinned Mr. Chávez will not be forgiven by the whiter-skinned elite.

He is self-absorbed but affable, and he interrupts the interview to talk to his 6-year-old daughter on the phone. "Hello, my queen," he said. "How are you, my life? How's the pig? Is she any bigger now? I'm going to send you a thousand kisses."

But he brooks little opposition, critics say. "With him, you can't talk," Gabriel García Márquez, the author, told El Universal. "He lives accelerated, and it's not worth it, since he doesn't admit ideas that are different from his own."

While he seems genuinely worried about his relations with Washington, he asserts that any effort to remove him by force would be calamitous for the United States. "We aren't going to accept it," he said, warning, "The price of oil will go up to $50 a barrel."

"I thought since Bush came from an oil family, and given his political trajectory, that we would understand each other," he said. "I can't believe that a government is willing to put at risk its supply of oil.">



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