In Monday's Americas papers

16 July 2007 13:00  [Source: ICIS news]

THE WALL STREET JOURNAL

 

Front Page

 

In Turkey, ex-butcher settles feuds

Unofficial mediators still have a role to play in settling tribal disputes in parts of Turkey. Sait Sanli, whose reconciliations are sometimes chronicled in local newspapers, is the best known and the most prolific of the bunch.

 

P&G's global target: shelves of tiny stores

Procter & Gamble (P&G) sees growth potential in an unusual market: the tiny neighborhood stores of developing countries. Crammed with food and a hodgepodge of household items, these retailers serve as the pantries of the world's poorest consumers for whom both money and space are tight.

 

Political woes dog republicans across south

The indictment against a high-ranking South Carolina official is just one of the political headaches that are making Republicans look vulnerable to losing ground in the South.

 

Money & Investing

 

Business time: backers thrive on b2b firms

A big chunk of the profits for venture capitalists investing in technology has come from less-glamorous, business-focused companies.

 

What could topple bulls' 'wall of worry'?

Stocks have continued to rise despite worries about subprime mortgages and strong growth - the same factors keeping Treasurys on a volatile path.

 

Rising volatility risks strangling liquidity flow

An index of financial-market volatility has been rising this year, and a continued upward trend could make it more difficult to obtain credit, reducing market liquidity.

 

THE NEW YORK TIMES

 

Front Page

 

New populism is spurring democrats on the economy

The more populist tone is one indication of a broader debate among Democrats over how much they should break with the centrism of the Clinton years.

 

Aid to Pakistan in tribal areas raises concerns

The US plans to pour $750m (€540m) into a lawless region over the next five years, but critics fear that the money might fall into the wrong hands.

 

Business Day

 

High wattage at Sun Valley, but no deals

There are a few givens at Allen & Company’s rarefied annual summit for media moguls in Sun Valley, Idaho. Titans arrive in a conga line of private jets, attend some gold-plated panels followed by cocktails and occasionally head out to the paths of the Sun Valley Resort for a little speed dating.

 

Casinos boom in Katrina’s wake as cash pours in

This seaside gambling resort along a stretch of the Gulf Coast, sometimes called the “redneck Riviera,” has 40% fewer hotel rooms and only two-thirds as many slot machines as it did before Hurricane Katrina.

 

THE WASHINGTON POST

 

Front Page

 

Peace deal in Pakistan is dead, insurgents say

Ten-month-old deal in restive region of North Waziristan had aimed to curb cross-border attacks against US and Nato troops in Afghanistan.

 

Bombings kill scores in Kirkuk

Co-ordinated bomb attacks in northern Iraqi city kill at least 80 people, police report.

 

Business

 

How thick are their wallets?

The Post's annual executive compensation survey covers top executives of local companies and is drawn from publicly available data filed with the SEC. This year, new rules expose total pay, but comparisons can be misleading.

 

Climate change debate hinges on economics

Energy and climate experts say the world already has the technological know-how, but because of cost, current legislation will barely make a dent in the problem.

 

GLOBE AND MAIL, Canada

 

Front Page

 

Defiant Black vows to fight on

Conrad Black was headed to mass in Chicago Sunday in preparation for a last-ditch battle to stay out of prison. “We move on to the next phase in this long war,” Lord Black said in a weekend e-mail. “We got rid of most of [the charges], and expect to get rid of the rest on appeal.”

 

SaskPower eyes clean-coal facility

Saskatchewan's provincially owned utility is set to deliver a reality check to the notion that the world can increasingly rely on coal-fired electricity, while aggressively battling climate change.

 

Business

 

Detroit Three, UAW gear up for grim talks

Chrysler Group, Ford Motor Co and General Motors Corp have lost tens of billions of dollars, slashed tens of thousands of jobs and watched their market share plunge to a record low perilously close to 50%.

 

Vandoos ship out amid scepticism in Quebec

The sounds of children crying, spouses and parents sobbing could be heard throughout the vast hall where 200 soldiers from the Valcartier military base gathered for their departure to Afghanistan.

 

BUENOS AIRES HERALD

 

Front Page

 

North Korea shuts down nuke reactor

North Korea told the US it shut down its nuclear reactor, the State Department said yesterday, hours after a South Korean ship cruised into port loaded with oil promised in return for the country’s pledge to disarm.

  

Russia pulls out of key arms pact

Russian President Vladimir Putin formally notified Nato governments yesterday that the Kremlin would suspend its obligations under the Conventional Forces in Europe Treaty, a major Cold War-era arms limitation agreement, in response to US plans to deploy a missile shield in Eastern Europe.

 

Brown-Bush relationship

Britain’s "special relationship" with the US could be cooling, as a senior government official said yesterday that new Prime Minister Gordon Brown and President George W Bush were unlikely to be "joined at the hip".

 

($1 = €0.72)

 


By: Staff Reporter
+44 20 8652 3214



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