EU Warns of Change Problems as Euro Notes Roll Out
The European Union head office cautions possible issues in early euro change as banks begin issuing new small denomination notes. A Commission survey of 36 major banks shows most will dispense euro bills on January 1 when they become legal tender. Portugal and Finland lag in euro readiness with about 8 percent and 15 percent of ATMs prepared.
MENTIONED IN THIS ARTICLE
European Union
European Commission
Portugal
Finland
Shipping firm plans rescue voyage for White Sea seals
A Russian shipping company intends to send a vessel into the White Sea to save hundreds of thousands of baby seals feared starving. Greenland seals migrate to the area each spring to bear young, but high winds this year trap pups where most food is beyond reach. More than 200,000 of about 350,000 born may die.
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White Sea
Greenland
Russia
U S Steel Bets $500 Million on Slovak Metalworks
U S Steel, America's largest steel producer, spent 500 million dollars to acquire a bankrupt Kosice steelworks in eastern Slovakia. The deal marks its first major foreign production venture and looms large for both Slovakia, still shaping its democracy since 1993, and U S Steel, an old economy giant seeking a new identity. The plant previously employed 24,000 workers under the former communist system.
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U.S. Steel
America
Kosice
Slovakia
Czech Republic
Apostrophe crusade finds support across Britain
Retired editor John Richard and his son Stephen founded the Apostrophe Protection Society to correct apostrophe misuse in shops and signs across Lincolnshire and beyond. Readers sent letters praising proper punctuation, while The Daily Telegraph backed preserving apostrophes as part of clear language.
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London
John Richard
Richard
Stephen
The
Lincolnshire
Daily Telegraph
Romford
Ian Wilkes
England
Mike Barnard
Little Wratting
Suffolk County
Mexico economy slows as Fox cuts growth forecast
Mexico's government lowered 2006 growth from 4.5 to 2.5 3 percent citing U S slowdown and slashed the annual budget by 350 million dollars. The move comes amid tax reform opposition in PAN and rising unpopularity over food medicine taxes, signaling a turbulent period for President Vicente Fox.
MENTIONED IN THIS ARTICLE
Mexico City
U.S
Vicente Fox
Fox
Congress
National Action Party
PAN
Senate
Chamber of Deputies
Joel Estudillo
Institute For Mexican Political Studies
Estudillo
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