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To: orkrious who wrote (54266)	2/19/2006 10:50:59 PM
From: ild	Respond to of 110194

U.S. Weighs Harder Line With China on Yuan As Trade Gap Mounts, Pressure Could Spur 'Manipulator' Label By ANDREW BROWNE in Beijing and MICHAEL M. PHILLIPS in Washington February 20, 2006 Frustrated by the slow pace of China's appreciation of its currency, the administration of U.S. President George W. Bush is sending signals that it is ready to take a harder line with Beijing. The shift comes as U.S. data show its trade deficit with China ballooned last year to $202 billion, more than one-quarter of the total U.S. deficit. That has added to political pressure on the administration from members of Congress, who say American jobs are being lost to the tide of inexpensive Chinese imports and the flight of manufacturing to China. Last week, U.S. Trade Representative Rob Portman announced a task force to take up complaints about unfair Chinese trade practices. U.S. politicians allege that China deliberately keeps its currency weak to make its exports cheaper in dollar terms and U.S. imports more expensive. Now, the U.S. Treasury, which has so far sought to avoid confrontation with Beijing over the currency issue, is preparing the ground for a possible decision to label China a "currency manipulator," in a regular review scheduled for April. The Treasury has been sounding out Wall Street investors about such a move, which would require the U.S. to open formal talks with China on the issue. online.wsj.com

To: orkrious who wrote (54266)	2/19/2006 10:53:19 PM
From: ild	Read Replies (1) \| Respond to of 110194

Loaded for Bear Interview With Walter Deemer, Publisher and Principal of Technical Analysis, DTR online.barrons.com

To: orkrious who wrote (54266)	2/20/2006 4:17:23 AM
From: shades	Respond to of 110194

DJ Chavez Says US Attempts To Isolate Venezuela Will Fail CARACAS (AP)--President Hugo Chavez warned U.S. Secretary of State Condoleezza Rice on Sunday "not to mess" with him and said her diplomatic efforts to turn Latin American nations against Venezuela would fail. Chavez said Washington opposes his government because Venezuela - the world's fifth largest oil exporter - was broadening petroleum and natural gas development projects with fellow Latin American countries rather than the U.S. "We are breaking the imperialist chains that bound us," said Chavez, speaking to supporters during his weekly television and radio program "Hello President." Chavez modified lyrics from a Venezuelan folk song, warning: "I sting those who rattle me, don't mess with me Condoleezza." The former paratrooper blew kisses toward the cameras saying: "Take your kiss, Condoleezza." http://www.weiweiint.com/musik/all_there_is.mp3 Wei Wei said his kiss is all there is! Relations between Caracas and Washington has been tense, with U.S. officials voicing concerns over the health of Venezuela's democracy and left-leaning Chavez threatening to cut off oil exports to the U.S. Speaking to U.S. lawmakers last week, Rice said that the Venezuelan government posed "one of the biggest problems" in the region and that its ties to Cuba were "particularly dangerous" to democracy in Latin America. "She thinks the governments and peoples of Latin America, our neighbors, are going to believe what (U.S. officials) believe," said Chavez. Rice told the House Foreign Relations Committee that U.S. officials were seeking the support of Latin American leaders as they raise concerns over the threat posed by Chavez to the region's democracies. "They are calling for a united front. A united front against Venezuela is destined to fail," said Chavez. Chavez insists his government is one of the most democratic in the world and frequently accuses Washington of conspiring against him. He says the United States was behind a short-lived 2002 coup, an allegation that U.S. officials reject. Opponents accuse Chavez of stoking class divisions in this poor South American nation of 26 million and becoming increasingly authoritarian. Chavez, who was elected in 1998 and re-elected in 2000, said Sunday he was mulling the possibility of holding a referendum to ask Venezuelans if they favor ending limits on the number of times a president can be re-elected. "I could sign a decree calling for a popular referendum: 'Are you in favor of Chavez going for a third term in 2013? Yes or no?' Let the people decide," he said to a rousing appluase. Venezuela's Constitution currently permits presidents to be re-elected twice. Chavez vowed to win re-election in December, and said that he could continue governing Venezuela until 2019 - or longer. (END) Dow Jones Newswires Sometimes I wonder if chavez and condy are on the golf course laughing it up how they are gonna get the poor people in both countries to fight each other while the pigmen at the top enjoy the battle.