Truth about GMO

News reports this week contained good and bad news for some people in technology, business, economy, trade, industry and entertainment sectors or around the world.

First the technology industry is reportedly booming.

A proof of the flourishing industry is the 3GSM World Congress held in Barcelona and participated with three graten wireless technology company in the world - Nokia, Sony Ericsson and Motorola. These companies presented their latest products at the fair, most of them with the latest 3G technology. Motorola ROKR released. Nokia revealed plans to release Nokia 6136th Sony-Ericsson disclosed the release of the K610 phone and music player. In addition, Sony Ericsson and Nokia have a joint venture to develop mobile technology to mobile television.

However, some consumers do not avail themselves of this latest technology because they want the discounts and bargains offered last year because of technology. But this is not the case this year as supplies are kept slim because of the new ability of retailers and manufacturers to share sales and inventory information with each other. However, they can still get the best price, if the consumer decided to acquire some effort and knowledge of the technology.

Another event that took place is the twentieth edition of the Winter Olympics last weekend in Turin, Italy, brought in a variety of companies. The company in cooperation with the local government of Turin under the supervision of the International Olympic Committee. They hope to have an international publicity by advertising its product in the uniform of the participating athletes sporting event, flooding television airtime with their advertising spots and cleaning the venue with advertisements.

This week, companies have either announcements of joint ventures, acquisitions or downsizing .

Volkswagen announced at the weekend that there will be 20000 jobs will be cut from 2006 to 2008. They said they want to improve their market position as they face fierce competition and declining markets. Although the job cuts dismayed Volkswagen employees, investors were satisfied with this decision as the companies share increased to nearly a 3-year high. The company also projects will enjoy a 61 percent higher profit.

Toy Company Group and LEGO Star Wars franchise owners Lucas Films Ltd. has agreed to their partnership until 2011. In 1999, Lego has received the rights to Star Wars toys. While the release of "Star Wars Episode 1: The Phantom Menace", Lego deserves more than $ 400 million.

Under a new owner, MySpace ties with SK Telecom and EarthLink, Inc. and hi LLC is the service after a few months. The company provides its subscribers with new services of mobile access to MySpace. Together with the introduction of MySpace's mobile access service, they will also release "Hero" and "kick flip" phones will be manufactured by Pantech and VK.

Nokia and Sanyo Electric Co., a joint venture to develop new mobile phone with CDMA Chips and 3G technology. Nokia aims to capture the American and Japanese market, while Sanyo hopes to relieve its financial debt.

Arcelor plans to increase the dividend by 85%, to prevent its rival Mittal Steel's hostile takeover. Earlier, Arcelor rejects Mittal bid, and has employed investment banks to formulate a defense. However, if the takeover happened, Mittal will be examined by the European Commission.

However, a company has been entangled in certain issues, but has already indicated its predicaments documents. Google created a Chinese version of its search engine and is in line with the Communist Party of the rules. With 30000 Internet censors, the government, China aims to deter its citizens from access to Web sites that feature or discuss issues that are sensitive to Chinese policy. Although it surprised industry insiders, Google's compliance was in line with its goal to capture the lucrative Chinese market, where more than one hundred million Internet users.

Weather the companies concerned week.

On this Sunday morning, residents of the north-east the United States including New York snowstorm which caused thousands of dollars worth of property and led businesses to stop on Monday. Last September the Hurricane Katrina left insurance companies headaches than its devastation caused by more than 5 billion U.S. dollars worth of structural damages.

Meanwhile, residents and authorities in New Orleans, Louisiana is preparing for the Mardi Gras, the first to be held after Hurricane Katrina left many dead and depressed in August of last year. Although the city infrastructures are still under repair, the event is expected to revive the city by its active tourism industry again.

US trade deficit widened again in 2005 because developing a strong U.S. consumption of foreign products and an oil price Hit record high of almost $ 71 per barrel more than five months. U.S. is also threatened by China's booming economy as Chinese products have an edge because of lower trading prices. The White House is also alarmed by their growing deficit.

On the other hand, Europe is better than their market shares closed up on Monday. Banks share rose in Italy, because there was speculation about consolidation among Italian top banks and foreign banks, such as the French bank Banque Nationale de Paris Paribas and the Spanish Banco Bilbao Vizcaya Argentaria.

International organizations are also against some tough issues.

The World Trade Organization has accused the European Union on the violation of rules by limiting the import of genetically modified foods since 1998. U.S., Argentina and Canada, three of the graten exporters of agricultural products in the world, a complaint against the EU ban. But lead to social groups such as Friends of the Earth, are criticizing the recent WTO movement. They claim that Austria, Germany, France, Greece, Luxembourg and Italy, the implementation of the ban, sovereignty have to make decisions for themselves.

The Group of 8 nations, the exclusive club of developed countries in economic and political scene, had a Meeting at the weekend for the first time in St. Petersburg, Russia, to discuss the impact of rising oil prices on world economic development and energy supply. Russia also assured the G8, that the amount of its oil and gas exports this year, despite its cutting gas supplies Ukraine and the entire eastern Europe. G8 talks and discussions on the new leadership of Palestine, which the U.S. believes that a terrorist group, and the threat of bird flu in Asia and Europe.

The oil prices rising again on Monday after Iran, the exporter of viertgrate Oil-in - in the world, continued its activities to uranium enrichment and ended its cooperation with the United Nations International Atomic Energy Agency. Reports that Iran with uranium in the creation of nuclear weapons and has intermittent cooperation with international inspectors. The oil price situation even worse by Nigeria's protests against foreign oil companies and kidnapping of Royal Dutch Shell employees.

Iran, viertgrate exporter of oil in the world, announced that it terminated its cooperation with the United Nations International Atomic Energy Agency, and it will continue its uranium enrichment activities. For this reason, oil prices rose again on Monday. Reports that Iran with uranium in the creation of nuclear weapons and has intermittent cooperation with international inspectors. The oil price situation even worse by Nigeria's protests against foreign oil companies and kidnapping of Royal Dutch Shell employees.

China is also reported that more actively in the world trading system scene.

China has purchased oil from African countries such as Algeria, Angola, Chad, Equatorial Guinea, Gabon, Nigeria and Sudan for their growing need for energy to maintain their thriving industry. Some countries like the United States, are threatened because they have oil interest in this continent.

China and Australia met recently in Canberra in January to talk about the possible export of uranium in Australia to China, and to ensure that the uranium supplies would not be used for the construction of nuclear weapons. However, environmentalists and majority of Australian citizens warn its devastating consequences, such as greenhouse gas emission and potential resistance from the Chinese nuclear industry to international scrutiny.

On the lighter side of things, the entertainment industry to do well.

The film industry in New Zealand boomed since the box-office success of films shot or partially shot in the country, including the "Lord of the Rings" trilogy, "Chronicles of Narnia: The Lion, the Witch and the Wardrobe" and Peter Jackson ' s "King Kong". For this reason, funding for the local production of films grow. Hollywood has now to shoot films in this country because of its breathtaking scenery and its offer of special premiums, to minimise the film studio production cost.

In 2004, Forbes magazine published the list of the 100 richest celebrities. They proclaimed Sir Paul McCartney, Sir Elton John and Madonna as the richest people in Tinseltown. It also means that the music and film industry flourish. The Rolling Stones, U2, Greenday, The Eagles, Dave Matthews Band, Kenny Chesney, Celine Dion and 50 Cent are also included in the list.

By Vasily Klimko http://TOBOC.com - leading importers exporters directory

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