Telekomunikacja Profit Falls; Company Lowers Forecast (Update6)
The News Review:
- Telekomunikacja Profit Falls; Company Lowers Forecast (Update6)
- EU wrangling on carbon emissions moves into courts
- US Russia to discuss anti-missile base
Telekomunikacja Profit Falls; Company Lowers Forecast (Update6)
Bloomberg – Jul 31, 2007
“Development of the telco market has dramatically slowed''Witucki said. “Further Telekomunikacja expansion is going todepend on successful penetration with new offers such value-added services as games new info services on mobile phones. '' Telekomunikacja may also seek to acquire other phonecompanies in central and eastern Europe help produce films andbuy software developers in Poland Witucki said. The company plans to sell properties in Warsaw includingits headquarters downtown in the capital city. The phone companyplans to build a new headquarters by 2010 Witucki saiddeclining to specify a value for either building. Dividends will grow in the coming years Merel said. Telekomunikacja paid out 1.
EU wrangling on carbon emissions moves into courts
International Herald Tribune – Jul 31, 2007
Poland Hungary the Czech Republic Slovakia and Estonia have all started legal action against pollution quotas imposed by the European Commission. The arguments they use are similar to those made by China and other emerging markets: that the strict limits will hurt their economic growth. n Tuesday Latvia became the latest to challenge regulators at a European-level court highlighting the growing tension in the European Union over the sacrifices needed to tackle climate change… “It's particularly tough when the factory turns around and says a similar facility in the country next door does not have to do the same thing. ” Latvia's decision to join its East European neighbors in mounting legal challenges comes ahead of a broader political argument due this autumn over which countries should carry the greatest burden of EU efforts to combat climate change. So far Poland and Hungary have taken the lead in arguing that the new ex-Communist member states from the East have special considerations. They are seeking latitude to pollute more to catch up with their Western counterparts. n Tuesday Prime Minister Aigars Kalvitis of Latvia said his country needed to produce more carbon emissions partly because a Communist-era nuclear power plant Ignalina which supplies some of the Baltic nation's electricity is due to be phased out – at EU insistence. The European Commission condemned the move by the Latvians but expressed confidence that its policies would not be undermined by the growing tide of court cases. “We are confident that our decisions that have been challenged will stand up in court” said Barbara Helfferich a spokeswoman for the commission.
US Russia to discuss anti-missile base
Taipei Times – Taipei Times – Jul 31, 2007
Bush agreed to study the missile shield plan first raised by Russian President Vladimir Putin at the G8 summit in Germany last month. Bush had called for a joint panel of experts to look into the issue. threat The US insists the shield that it wants based in Poland and the Czech Republic is aimed at knocking out the threat from nations such as Iran and North Korea. Russia says the plan threatens its security and has suggested that the US and NAT use the Gabala radar station in the former Soviet republic of Azerbaijan instead of having a shield in central Europe. Azerbaijan borders Iran one of the countries that Washington says it needs to protect itself against. Bush refered to Putin’s proposal as a “very constructive and bold strategic move” but insisted that “the Czech Republic and Poland need to be an integral part of this system. impossible Ahead of the Washington talks Russia’s foreign ministry said on Friday that Russian-US cooperation on missile shield would be impossible if the US deployed its own missile shield in Central Europe.
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