EUR/USD  1.3758 / 59 EUR/AUD  1.5016 / 22 AUD/USD  0.9160 / 61
USD/JPY  90.641 / 61 EUR/JPY  124.71 / 74 GBP/JPY  137.40 / 46
GBP/USD  1.5159 / 61 EUR/GBP  0.9074 / 76 USD/CAD  1.0164 / 67
USD/CHF  1.0595 / 96 EUR/CHF  1.4579 / 79 All forex charts and rates

Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.

09:45,  12 July 2007
Forex - Euro at fresh all-time high against dollar after hawkish ECB bulletin 
LONDON (Thomson Financial) - The euro climbed to a fresh all-time high against the dollar after a hawkish European Central Bank monthly bulletin, amid ongoing concern about the US sub-prime mortgage market.


See also:       

• United States 

• USA & Canada 

• Government 

17:27, Tuesday, 06 March 2007

FDA chief: Don't regulate tobacco


WASHINGTON (AP) - Government regulation of tobacco could backfire by inadvertently forcing smokers to light up more and inhale more deeply, the head of the Food and Drug Administration said Tuesday.

In an interview with The Associated Press, Dr. Andrew von Eschenbach said that if the FDA reduced nicotine levels in cigarettes, people would tailor their smoking habits to maintain current levels of the addictive drug.

"We could find ourselves in the conundrum of having made a decision about nicotine only to have made the public health radically worse. And that is not the position FDA is in; we approve products that enhance health, not destroy it," said von Eschenbach, a cancer surgeon.

A bipartisan group of lawmakers introduced legislation last month that would give the FDA the authority to regulate tobacco, in part by reducing its nicotine content.

Smoking kills more than 400,000 Americans a year.

Von Eschenbach said repeatedly that the issue of regulating tobacco is a complex one.

"What I don't want to see happen is that we are in a position where we are determining that a cigarette is safe," von Eschenbach said.

In 1996, the FDA moved to regulate tobacco. The Supreme Court ruled in 2000 that Congress had not authorized the agency to do so.


 

Forex news - 06 March 2007
17:55 DOE forecasts higher gasoline prices
17:55 Brasil Jan industrial production down 0.3 pct vs Dec 2006
17:27 FDA chief: Don't regulate tobacco
17:15 Illinois to investigate Ameren promotion
17:02 Pakistan airline cuts European flights
16:42 Latvia govt extends deadline for selling stake in telecoms cos
16:39 Spanish leader pushes N. Africa train
16:35 Forex - Major currencies trade in a range; dollar little affected by data
16:26 Deadline nears for unclaimed '03 refunds
16:26 Govt. seeking better nuclear detectors
16:22 US public increasingly pessimistic about victory in Iraq - poll
16:22 Calif. wants fed declaration for freeze
16:21 Premera ends effort to go public



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