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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (38640)8/13/2008 1:17:08 PM
From: elmatador  Read Replies (1) | Respond to of 217980
 
the last time Elmat intervened
Message 24535213



To: Haim R. Branisteanu who wrote (38640)8/13/2008 1:19:33 PM
From: elmatador  Read Replies (1) | Respond to of 217980
 
Output in the 15 nations that share the currency was unchanged from the previous month, when it dropped 1.8 percent, the European Union's statistics office in Luxembourg said today. From a year earlier, production fell 0.5 percent, the biggest decline since September 2003.

Risk of nosediving Haim.

European Industrial Output Stalled in June After Slump in May

By Fergal O'Brien

Aug. 13 (Bloomberg) -- European industrial production stagnated in June after falling the most in almost 16 years in May as the region's economy capped its worst performance since the launch of the euro in 1999.

Output in the 15 nations that share the currency was unchanged from the previous month, when it dropped 1.8 percent, the European Union's statistics office in Luxembourg said today. From a year earlier, production fell 0.5 percent, the biggest decline since September 2003.

As manufacturing slumped in the face of the euro's advance against the dollar and record oil prices, the euro-area economy probably contracted in the second quarter for the first time since the single currency was established almost a decade ago, economists estimate. Growth may remain ``particularly weak'' through the current quarter, European Central Bank President Jean-Claude Trichet said last week.

``Most indicators point to a protracted slowdown,'' said Katrin Robeck, an economist at Moody's Economy.com in London. While the recent declines in the euro and oil prices ``will ease some pressure,'' they ``will not stop economic growth from slowing well into 2009.''

The euro, which gained almost 10 percent in the last year versus the dollar, has dropped 6 percent in the past month and traded at $1.4913 today. Oil has fallen 23 percent from a record $147.27 a barrel on July 11; prices are still 58 percent higher than a year ago.

Industrial output in June was weaker than the median forecast of 0.1 percent growth from 38 economists surveyed by Bloomberg News. From the year-earlier month, they had expected output to rise 0.2 percent.

Euro-Area Economy

A separate survey of economists shows they estimate the euro-area economy shrank by 0.2 percent in the three months through June. The statistics office is due to publish that data tomorrow.

Output in France, the euro region's second-largest economy, fell 0.4 percent in June from May, while it dropped 2 percent in Spain. Production rose 0.3 percent in Germany, Europe's biggest economy, after a 2 percent drop the previous month.

To contact the reporter on this story: Fergal O'Brien in Dublin at fobrien@bloomberg.net.



To: Haim R. Branisteanu who wrote (38640)8/13/2008 1:37:56 PM
From: Rolla Coasta  Read Replies (1) | Respond to of 217980
 
You said: "Yes war is extreme but a surgery is also and most people recover and live on happy lives after the tumor is extracted. …. and I also like to post extreme situation as very few “get it” with nuances, but war is in many cases like a surgery and beneficial in the long run if it is justified and all other remedies where in vain."

If war is extreme enough to involve nukes, then not only you would receive cancer but other innocent people as well. There will be no beneficial to anyone. Both sides will be the losers at the end, and all human races could be wiped out.

Don't bring up the past political incidents to justify your thoughts, because people could say your country was established thru ethnic cleansing and invasion too ! Since things are different nowadays, you really need to travel and watch what really is happening, not gathering info and biased opinion from Fox / CNBC network.

As regard to the Georgian situation, the Georgian leader made the gamble to fight Russians. That was their hard choice.

Wasn't the Georgian-born Stalin who made lives miserable in Eastern Europe ? Why are the Georgians still let the stature of Stalin standing in Gori ?

Can you justify that ?



To: Haim R. Branisteanu who wrote (38640)8/13/2008 1:43:28 PM
From: RJA_  Read Replies (1) | Respond to of 217980
 
I have noticed a disturbing trend around here of folks for some reason or other getting PO'd and leaving or being banned; or being banned, invited to come back, imposing a self ban on themselves, being re banned, etc.

Two that used to post on thread, that I did not always agree with were Nicolle Wollerstein (who just disappeared) and Marucie Winn who was banned, pardoned, self banned, banned again, and no longer posts here -- though I am not sure what his current status is.

Surely each of these folks had something to offer of value at least occasionally.

I do not want you to become part of that roster... which means you must become rather thick skinned, as I have found I must be in my alternate profession <grin!>.

And occasionally, you must push back ... TJ likes nothing better than a good duel of wits.

We could use a few more contrary bright contributers on this thread.

I count you among them.

Stick around and --

Be well.

-------------------

Occasionally, there are folks that IMHO should be banned. I count blazenzim among them.

In that case Elmat was quite correct.