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<title>Towers RSS : Gourt</title>
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<dc:rights>Copyright 2007, Gourt.com</dc:rights>
<dc:date>2008-08-20T20:59+59:00
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<dc:creator>rtruog@gourt.com</dc:creator>
<dc:subject>Towers RSS : Gourt</dc:subject>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11848659&#x26;fsrc=rss">
<title>Alcatel-Lucent: </title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11848659&#x26;fsrc=rss</link>
<description><![CDATA[The architects of a big telecoms-equipment merger decide to hang upWHEN Alcatel, a French maker of telecoms equipment, announced its plan in 2006 to merge with Lucent, an American rival, reactions were mixed. There was general agreement that bigger was better and that the combined firm would benefit from greater geographical reach. But there was also scepticism that its French and American managers would be able to get along. With good reason, it seems: on July 29th Alcatel-Lucent announced its sixth consecutive quarterly loss and the resignations of Serge Tchuruk, its French chairman, and Patricia Russo, its American chief executive. Their firm&#8217;s troubles stem in large part from its internal clash of cultures.This clash was an unhelpful distraction, given that the entire telecoms-equipment industry is suffering. The bonanza of 2000-05, when European operators upgraded their mobile-phone networks to new &#8220;third-generation&#8221; (3G) technology, is winding down. Sales growth is slowing, and even Ericsson, the industry leader, has seen its share price fall by 50% in the past year. Margins have also been squeezed by the rise of Huawei and ZTE, two Chinese firms. Their prices are sometimes 40-50% lower than those of Western vendors. ...]]></description>
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<item rdf:about="http://www.economist.com/science/displaystory.cfm?story_id=11819706&#x26;fsrc=rss">
<title>Tech.view: </title>
<link>http://www.economist.com/science/displaystory.cfm?story_id=11819706&#x26;fsrc=rss</link>
<description><![CDATA[Telecommuters need more than e-mail and a broadband connectionTHE best thing about being a foreign correspondent is not having to commute to the office every day, attend dreary meetings, dress soberly, and generally get distracted from the nitty-gritty of doing the job. The worse thing is being out of touch with colleagues at head office, with little say over how your stories are treated. But if you can handle the patchy feedback and total lack of control, the freedom pays dividends in productivity and sheer job satisfaction.Being one of the most portable jobs on the planet, journalism provides a daily reminder that work is something you do, not some place you go to. For the past quarter of a century, your correspondent has smirked about the time and energy he&#8217;s saved through not having to travel to work.  ...]]></description>
</item>

<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11707800&#x26;fsrc=rss">
<title>Telecoms in Mexico: </title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11707800&#x26;fsrc=rss</link>
<description><![CDATA[More competition should help to drive down exorbitant phone chargesIT HAS become quaint, in the era of Skype and unlimited calling plans, to worry too much about the cost of phone calls. But it is a textbook case of the old saying: &#8220;Them as has, gets&#8221;. The well-connected executive can use any number of voice-over-internet services to make free calls; but the rural poor, if they have phones at all, must pay high rates. Perhaps nowhere is this more true than in Mexico, where Carlos Slim, by some estimates the world&#8217;s richest man, dominates the telecoms industry. He controls Telmex, which has 81% of the fixed-line market, and Telcel, which has 72% of the mobile market. In the first quarter of 2008 Telmex had a profit margin before interest, taxes, depreciation and amortisation of 48.7%; for Telcel the figure was 52.1%.This is well above the global average for telecoms firms of 35%, says Martin Lara, an analyst at Vector Casa de Bolsa, a research firm. Base tariffs have fallen in Mexico in recent years, but they do not include things like international calls or calls to mobile phones. Competition has not helped much, because smaller firms have been reluctant to undercut Mr Slim&#8217;s companies by very much&#8212;and high prices boost their profits, too. &#8220;No one wants to destroy these profits overnight,&#8221; says Mr Lara. ...]]></description>
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<item rdf:about="http://www.economist.com/science/tq/displaystory.cfm?story_id=11482580&#x26;fsrc=rss">
<title>Telemedicine: </title>
<link>http://www.economist.com/science/tq/displaystory.cfm?story_id=11482580&#x26;fsrc=rss</link>
<description><![CDATA[ Medicine: Telemedicine permits remote consultations by video link and even remote surgery, but its future may lie closer to home FEW places on earth are as isolated as Tristan da Cunha. This small huddle of volcanic islands, with a population of just 269, sits in the middle of the South Atlantic, 1,750 miles from South Africa and 2,088 miles from South America, making it the most remote settlement in the world. So it is a bad place to fall ill with an unusual disease, or suffer a serious injury. Because the islands do not have an airstrip, there is no way to evacuate a patient for emergency medical treatment, says Carel Van der Merwe, the settlement&#8217;s only doctor. &#8220;The only physical contact with the outside world is a six to seven day ocean voyage,&#8221; he says. &#8220;So whatever needs to be done, needs to be done here.&#8221;Nevertheless, the islanders have access to some of the most advanced medical facilities in the world, thanks to Project Tristan, an elaborate experiment in telemedicine. This field, which combines telecommunications and medicine, is changing as technology improves. To start with, it sought to help doctors and medical staff exchange information, for example by sending X-rays in electronic form to a specialist. That sort of thing is becoming increasingly common. &#8220;What we are starting to see now is a patient-doctor model,&#8221; says Richard Bakalar, chief medical officer at IBM, a computer giant that is one of the companies in Project Tristan. ...]]></description>
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<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11465595&#x26;fsrc=rss">
<title> Telecoms in China: </title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11465595&#x26;fsrc=rss</link>
<description><![CDATA[The long-awaited reorganisation of China's vast telecoms industry beginsBY ANY measure&#8212;revenues, employees, customers&#8212;it is the largest industrial reorganisation ever. And, reflecting how business is done in China, it was announced in the most modest way, with a posting on a government website on May 24th. The country's telecoms industry, with nearly 600m mobile subscribers, 360m fixed-line customers and $244 billion in revenue, will be reconfigured. Six companies will be collapsed into three, each spanning mobile, fixed and broadband services.China Mobile, the world's largest mobile operator by subscribers, will merge with China TieTong, the smallest fixed-line operator. China Telecom, the country's biggest fixed-line operator, will acquire one of the mobile networks run by China Unicom, which will merge its remaining mobile operations with China Netcom, another fixed-line operator. A sixth operator, China Satcom, will be taken over by China Telecom. ...]]></description>
</item>

<item rdf:about="http://www.economist.com/business/displaystory.cfm?story_id=11413254&#x26;fsrc=rss">
<title> Telecoms infrastructure: </title>
<link>http://www.economist.com/business/displaystory.cfm?story_id=11413254&#x26;fsrc=rss</link>
<description><![CDATA[A new boom in cable-laying&#8212;but this time it is rationalEVEN as data centres pop up all over the globe to support &#8220;cloud computing&#8221;, another construction boom is taking place below the waves. After years without much investment in undersea fibre-optic cables, dozens of new cables will be constructed over the next three years, at a total cost of about $7.1 billion, according to TeleGeography, a market-research firm (see chart). And this is likely to be an underestimate, since other projects are being planned.You may be thinking: will they never learn? This new investment boom comes only a few years after a spectacular telecoms crash. In the late 1990s internet gurus convinced financial markets that worldwide data-traffic would double every 100 days; this led them to bet billions building global fibre-optic networks. In 2001 alone, network operators such as Global Crossing spent nearly $13.5 billion laying undersea cables. But when the deluge of traffic failed to materialise, the boom swiftly turned to bust. ...]]></description>
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<title>Fannie Mae and Freddie Mac slump</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7573558.stm</link>
<description><![CDATA[Shares in US mortgage finance giants Fannie Mae and Freddie Mac plunge again amid new talk of a government bail-out.]]></description>
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<title>German law to target non-EU bids</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7572847.stm</link>
<description><![CDATA[Germany prepares legislation aimed at blocking sovereign wealth funds from taking big stakes in local firms.]]></description>
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<title>Apple admits iPod Nano &#x27;overheat&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571986.stm</link>
<description><![CDATA[Apple says that a battery fault meant that a small number of its first generation iPod Nanos could overheat.]]></description>
</item>

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<title>China shares up from 20-month low</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571614.stm</link>
<description><![CDATA[China's main share index rebounds from a 20-month low on talk that Beijing will introduce an economic rescue plan.]]></description>
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<title>BAA &#x27;should sell three airports&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571613.stm</link>
<description><![CDATA[The Competition Commission says BAA may have to sell three of its seven UK airports - two in London and one in Scotland.]]></description>
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<title>Arcelor tightens hold on iron ore</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571978.stm</link>
<description><![CDATA[Arcelor Mittal, the world's largest steelmaker, buys Lonmin's Brazilian iron ore assets for $810m.]]></description>
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<title>Olympic thirst boosts China beer</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571712.stm</link>
<description><![CDATA[Chinese brewer Tsingtao sees half-year profits up 42% from publicity gained by sponsoring the 2008 Beijing Olympics.]]></description>
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<title>African bank set for share issue</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7573070.stm</link>
<description><![CDATA[African regional banking group Ecobank plans the continent's biggest rights issue, to raise $2.5bn to fund its expansion.]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7571437.stm">
<title>McCain and Obama spar over taxes</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571437.stm</link>
<description><![CDATA[Barack Obama's senior economic adviser accuses John McCain of proposing huge tax cuts for rich people and large firms.]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7569742.stm">
<title>Russian denies buying world&#x27;s most expensive house</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7569742.stm</link>
<description><![CDATA[Russia's fifth richest man denies reports that he has bought the world's most expensive home.]]></description>
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<title>&#x27;Pray at the pump&#x27; pilgrims claim credit for petrol price fall</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7566566.stm</link>
<description><![CDATA[A prayer group in Washington DC is claiming the credit for a sharp drop in the US price of petrol.]]></description>
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<title>Guidelines for financial journalists</title>
<link>http://www.bbc.co.uk/go/rss/-/guidelines/editorialguidelines/advice/</link>
<description><![CDATA[ ]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7567778.stm">
<title>Quiet revolution</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7567778.stm</link>
<description><![CDATA[Can Brazil's farms help to feed the world?]]></description>
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<title>Swell time</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7564857.stm</link>
<description><![CDATA[English resort tries to catch wave power]]></description>
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<title>Hong Kong tycoon</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7475299.stm</link>
<description><![CDATA[Richard Li steps out of his father's shadow]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/7569352.stm">
<title>Black gold</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/middle_east/7569352.stm</link>
<description><![CDATA[The impact of a century of oil production on Iran]]></description>
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<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7560804.stm">
<title>Turbulence ahead</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7560804.stm</link>
<description><![CDATA[BA is facing a rough ride over its American ambitions]]></description>
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<title>Fired up</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7562746.stm</link>
<description><![CDATA[Chinese computer maker Lenovo eyes Olympic glory]]></description>
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<title>Three-way split again on UK rates</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571925.stm</link>
<description><![CDATA[Bank of England policymakers were again split three ways when they decided to hold interest rates at 5% earlier this month.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7572768.stm">
<title>Manufacturing prospects &#x27;worsen&#x27;</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7572768.stm</link>
<description><![CDATA[Conditions for UK manufacturers are deteriorating, a CBI survey says, with output expectations at a seven-year low.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7573160.stm">
<title>BAE in &#xA3;2bn MoD ammunition deal</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7573160.stm</link>
<description><![CDATA[BAE Systems signs a 15-year deal with the Ministry of Defence to supply ammunition for UK armed forces.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7572199.stm">
<title>Discount supermarket sales rise</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7572199.stm</link>
<description><![CDATA[Discount supermarkets such as Aldi and Lidl see sales grow as cost-conscious UK consumers look to save cash, figures suggest.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7569894.stm">
<title>Zimbabwe inflation rockets higher</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7569894.stm</link>
<description><![CDATA[Zimbabwe's rate of inflation surges above 11,250,000% as an economic crisis continues to grip the country.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7562912.stm">
<title>Ghana seals telecoms takeover</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7562912.stm</link>
<description><![CDATA[Ghanaian parliament approves Vodafone's takeover of state-owned Ghana Telecom.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7571415.stm">
<title>Foreign sales boost HP earnings</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7571415.stm</link>
<description><![CDATA[Hewlett-Packard, the world's largest computer firm, sees quarterly profits boosted by international sales. ]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7570475.stm">
<title>Homebuilding in US at 17-year low</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7570475.stm</link>
<description><![CDATA[The number of US homes and apartments being built falls to the lowest level in more than 17 years, government figures show.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7569575.stm">
<title>Fuel bill hits Virgin Blue profit</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7569575.stm</link>
<description><![CDATA[High jet fuel prices saw annual pre-tax profits at Virgin Blue, Australia's second-largest airline, fall by 55%.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7569552.stm">
<title>Origin urges rejection of BG bid</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7569552.stm</link>
<description><![CDATA[Australia's Origin again calls on  shareholders to reject a 13.8bn Australian dollar takeover bid from UK rival BG Group.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7569861.stm">
<title>Rate setter warns on UK inflation</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7569861.stm</link>
<description><![CDATA[A member of the Bank of England's MPC committee says in a newspaper article that inflation has to be controlled.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7568218.stm">
<title>Eurozone&#x27;s trade deficit narrows</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7568218.stm</link>
<description><![CDATA[The eurozone sees its trade deficit shrink sharply in June from the month before, but fail to meet forecasts.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7567625.stm">
<title>UK bank gets Egypt investment</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7567625.stm</link>
<description><![CDATA[Panmure Gordon, the British stockbroker and investment bank, announces a large Egyptian bank will buy a share in its business.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7557596.stm">
<title>Oil prices rise as stocks decline</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7557596.stm</link>
<description><![CDATA[Oil prices rise slightly after recent falls, but traders warn slowing demand is likely to cap the rise.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/south_asia/7571664.stm">
<title>India airport strike hits flights</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/south_asia/7571664.stm</link>
<description><![CDATA[Many domestic airline flights are cancelled in India after airport workers go on strike  in protest against the government's economic policies.]]></description>
</item>

<item rdf:about="http://news.bbc.co.uk/go/rss/-/2/hi/business/7563443.stm">
<title>Pakistan rupee falls to new low</title>
<link>http://news.bbc.co.uk/go/rss/-/2/hi/business/7563443.stm</link>
<description><![CDATA[Pakistan's currency hits a record low against the dollar on fears that President Pervez Musharraf might resign soon.]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/21/business/worldbusiness/21korea.html?partner=rssnyt&#x26;emc=rss">
<title>Big Dreams for Growing North Korean Industrial Park</title>
<link>http://www.nytimes.com/2008/08/21/business/worldbusiness/21korea.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[South Koreans hope to turn the Kaesong Industrial Park into a capitalist foothold that might some day undermine the Stalinist North Korean state.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/21/business/worldbusiness/21baa.html?partner=rssnyt&#x26;emc=rss">
<title>Report Suggests Breakup of British Airport Operator</title>
<link>http://www.nytimes.com/2008/08/21/business/worldbusiness/21baa.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[British competition authorities called for the breakup of BAA in a preliminary report that recommended the sale of two of its three airports serving London and one in Scotland.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/19/business/19oil.html?partner=rssnyt&#x26;emc=rss">
<title>As Oil Giants Lose Influence, Supply Drops</title>
<link>http://www.nytimes.com/2008/08/19/business/19oil.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Though eager to expand, the major Western oil companies are finding it harder than ever to find new prospects.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/20/business/worldbusiness/20yen.html?partner=rssnyt&#x26;emc=rss">
<title>Bleak Outlook From the Bank of Japan</title>
<link>http://www.nytimes.com/2008/08/20/business/worldbusiness/20yen.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The central bank delivered its bleakest assessment of the economy since the Asian financial crisis of 1997 and 1998 in a sign that a global slump might be spreading too quickly for Japan to avert recession.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/20/business/worldbusiness/20jet.html?partner=rssnyt&#x26;emc=rss">
<title>General Dynamics to Buy Jet Aviation</title>
<link>http://www.nytimes.com/2008/08/20/business/worldbusiness/20jet.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[General Dynamics said that it would acquire Jet Aviation, a privately held provider of business-aviation services based in Zurich, for about $2.25 billion in cash.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/19/business/worldbusiness/19mine.html?partner=rssnyt&#x26;emc=rss">
<title>Record Profit at BHP Billiton Eases Doubts</title>
<link>http://www.nytimes.com/2008/08/19/business/worldbusiness/19mine.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[BHP, the world’s largest mining company, reported net income of $15.4 billion for the year, helped by the jump in commodity prices, higher production and an ability to pass on higher costs.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/19/business/worldbusiness/19bank.html?partner=rssnyt&#x26;emc=rss">
<title>Japanese Bank Buys Rest of UnionBanCal</title>
<link>http://www.nytimes.com/2008/08/19/business/worldbusiness/19bank.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Mitsubishi UFJ Financial Group, one of Japan’s largest banks, agreed to buy the remaining part of UnionBanCal Corporation that it does not already own for about $3.5 billion.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/19/business/worldbusiness/19bahn.html?partner=rssnyt&#x26;emc=rss">
<title>Long Delayed, German Railroad&#x2019;s Stock Sale Moves Ahead</title>
<link>http://www.nytimes.com/2008/08/19/business/worldbusiness/19bahn.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Today’s unsettled financial markets is not stopping Deutsche Bahn from going ahead with what may be the last big privatization of a former state monopoly in Europe’s largest economy.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/19/business/worldbusiness/19cement.html?partner=rssnyt&#x26;emc=rss">
<title>Venezuela Is Set to Take Control of Cemex Plants</title>
<link>http://www.nytimes.com/2008/08/19/business/worldbusiness/19cement.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Venezuela will take control of cement plants and offices belonging to Mexico’s Cemex as of midnight Monday night after failing to reach an agreement in nationalization talks, the government said.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/18/business/economy/18export.html?partner=rssnyt&#x26;emc=rss">
<title>Export Boom Helps Farms, but Not American Factories</title>
<link>http://www.nytimes.com/2008/08/18/business/economy/18export.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[A surge in U.S. commodity exports is a relief in an otherwise bleak economy, but it is an unreliable prop for an industrial power.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/18/business/worldbusiness/18mobile.html?partner=rssnyt&#x26;emc=rss">
<title>In Kenya, Mobile Growth Also Benefits Ad Agencies</title>
<link>http://www.nytimes.com/2008/08/18/business/worldbusiness/18mobile.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Telecommunications companies are expected to spend about 4.7 billion Kenyan shillings (or $72 million) on advertising this year, according to a Nairobi-based newspaper.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/17/business/economy/17view.html?partner=rssnyt&#x26;emc=rss">
<title>Economic View: How Fuel Subsidies Drag Down a Nation</title>
<link>http://www.nytimes.com/2008/08/17/business/economy/17view.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[When countries adopted bad economic policies in decades past, only their own citizens paid a price. In today’s globalized economy, however, the burden falls more broadly.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/16/business/16walmart.html?partner=rssnyt&#x26;emc=rss">
<title>Union Wins Contract for 8 Workers at Wal-Mart Canada</title>
<link>http://www.nytimes.com/2008/08/16/business/16walmart.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[A group of workers in the automotive department of a Wal-Mart store in Canada became the first North American employees of Wal-Mart to be covered by a union contract.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/16/business/worldbusiness/16interview.html?partner=rssnyt&#x26;emc=rss">
<title>Saturday Interview: For Deliveries, Speed Not Quite of the Essence</title>
<link>http://www.nytimes.com/2008/08/16/business/worldbusiness/16interview.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The chief executive of DHL Express talks abut hiring a rival, United Parcel Service, to handle its air cargo operations in the United States.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/15/business/worldbusiness/15ruble.html?partner=rssnyt&#x26;emc=rss">
<title>Russia&#x2019;s Conflict Worries Wall Street</title>
<link>http://www.nytimes.com/2008/08/15/business/worldbusiness/15ruble.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[As a military conflict between Russia and Georgia ends its first week, a number of big Wall Street banks are beginning to reassess the stability of their businesses in Russia.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/15/business/worldbusiness/15kieber.html?partner=rssnyt&#x26;emc=rss">
<title>Banking Scandal Unfolds Like a Thriller</title>
<link>http://www.nytimes.com/2008/08/15/business/worldbusiness/15kieber.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[One of the largest private banking scandals in years in Liechtenstein has brought to light a group of characters worthy of a spy thriller.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/15/business/worldbusiness/15venture.html?partner=rssnyt&#x26;emc=rss">
<title>Russian Court Bars Chief of Joint Venture, BP Says</title>
<link>http://www.nytimes.com/2008/08/15/business/worldbusiness/15venture.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The British oil company said that a Russian court had barred Robert Dudley, the head of its troubled Russian joint venture, from office for two years.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/14/business/worldbusiness/14worldecon.html?partner=rssnyt&#x26;emc=rss">
<title>Around the World, Pessimism About the Economy</title>
<link>http://www.nytimes.com/2008/08/14/business/worldbusiness/14worldecon.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The Bank of England offered a pessimistic outlook for the rest of the year, saying it expected inflation to hit 5 percent, while Japan appears to be flirting with recession.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/14/business/worldbusiness/14madrid.html?partner=rssnyt&#x26;emc=rss">
<title>A Building Hangover for Spain&#x2019;s Economy</title>
<link>http://www.nytimes.com/2008/08/14/business/worldbusiness/14madrid.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[In less than a year, Spain has gone from brisk growth to acute distress as a housing collapse, high energy prices and the world financial crisis have drained its lifeblood.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/14/business/worldbusiness/14ubs.html?partner=rssnyt&#x26;emc=rss">
<title>As Early as 2005, UBS Executives Were Told of Possible Offshore Violations</title>
<link>http://www.nytimes.com/2008/08/14/business/worldbusiness/14ubs.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Internal letters cast a new spotlight on senior executives of the Swiss bank UBS, and some of the letters show that the bank ignored warnings about possible violations of securities laws.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-DIAMONDPRICE_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Africa: South Africa: Diamond Prices Up 16%</title>
<link>http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-DIAMONDPRICE_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[De Beers, the world’s largest producer of rough diamonds, said prices had increased an average of 16 percent since the beginning of the year.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-GLOOMYECONOM_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Asia: Japan: Gloomy Economic Assessment</title>
<link>http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-GLOOMYECONOM_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[The Bank of Japan delivered its bleakest assessment of the economy since the 1997-98 Asian financial crisis.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-INVESTORCONF_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Europe: Germany: Investor Confidence Rises</title>
<link>http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-INVESTORCONF_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[German investor confidence recovered in August from a 16-year low the month before, as fears of an economic downturn in Europe’s biggest economy appeared to ease.    
]]></description>
</item>

<item rdf:about="http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-OLYMPICSHELP_BRF.html?partner=rssnyt&#x26;emc=rss">
<title>World Business Briefing | Asia: China: Olympics Help Tsingtao Sales</title>
<link>http://www.nytimes.com/2008/08/20/business/worldbusiness/20fobriefs-OLYMPICSHELP_BRF.html?partner=rssnyt&#x26;emc=rss</link>
<description><![CDATA[Tsingtao Brewery, China’s largest beer company by sales, said first-half profit rose 32 percent after publicity from sponsoring the Beijing Olympics increased demand.    
]]></description>
</item>

</rdf:RDF>