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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (276400)2/24/2006 11:25:24 AM
From: Jim McMannis  Respond to of 1572542
 
Current TV Facing Two Lawsuits Over Name By TERRY KINNEY, Associated Press Writer
Thu Feb 23, 8:19 PM ET

CINCINNATI - A cable television network co-founded by former Vice President Al Gore is facing at least two lawsuits challenging its use of the name Current TV.

A Maryland company is suing in federal court in Cincinnati claiming trademark infringement. Minnesota Public Radio has made a similar complaint in a Minneapolis court.

"This is a straight-forward case of trademark infringement," according to briefs filed last month in U.S. District Court by Current Communications Group of Germantown, Md., a provider of broadband Internet services that relies on a Cincinnati company to help distribute its service.

Current Communications contends that it had registered several variations of "Current" trademarks before Current TV was introduced in April 2005.

Minnesota Public Radio claimed in a suit filed earlier this month that it applied to register "The Current" as a trademark four months before Gore's network changed its name to Current TV.

Gore's company bought Newsworld International, a 24-hour cable network, from Canadian Broadcasting Corp. in May 2004 and had planned to use the name "INdTV" and aim programming at 20-somethings, according to the Cincinnati lawsuit.

Current TV, based in San Francisco, features alternative news and "citizen journalism" pieces, many submitted by amateurs who send in video. According to its web site, viewers contribute about one-third of the station's content.

A message seeking comment from Current TV on the Cincinnati lawsuit was not immediately returned. Earlier, the company issued a statement in response to the MPR lawsuit saying more than 300 U.S. businesses use the word "current" in their name.

"We know of no consumers who confuse us with Minnesota Public Radio, and we can't imagine that anybody ever would," the statement said.



To: Road Walker who wrote (276400)2/25/2006 4:43:14 AM
From: tejek  Read Replies (1) | Respond to of 1572542
 
Some comments from an oil trader on the TSCM site. For the past couple of 6 months, there has been talk of starting to trade oil in euros instead of dollars. Apparently Iran and Norway are starting to move ahead on this concept. Obviously, they are small potatoes, and in the case of Iran, its being down out of spite. Nonetheless, this is not good news for the dollar.

Catalyst For FXE?

2/24/2006 1:18 PM EST

In case you don't know, Iran is in the process of creating an oil exchange to be called the Iranian Oil Bourse that will trade oil in euros. One story I found on the internet targets March of this year for getting the market up and running.

In the last couple of days has come news that Norway wants to start its own oil bourse that would trade oil in euros as well. Norway is much earlier in the process so nothing is firm yet.

While I doubt the volume will be large compared to NYMEX and Brent (traded in the UK but in US dollars) but it will create a demand for euros if it happens.

If these markets to come into existence, I think it creates visibility for more oil to get traded in euros in the future. This is not a new idea but these two proposed exchanges could be a starting point and should be watched.