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Financial In Market The Sierra Club warned today that the Bush administration's agenda for the Miami Summit on the Free Trade Area of the Americas could undermine environmental safeguards and put communities at risk across the Western Hemisphere.

The realization of the North American Free Trade Agreement (NAFTA) national corporations and faceless global market forces. As a result, communities across North America are at a higher risk to dirtier air, unsafe drinking water, borne illnesses. Rather than learn from this historic mistake, the Bush administration is pursuing new trade agreements based on the flawed NAFTA model.

Oriental Trading The Sierra Club will turn out hundreds of its South Florida members to protest the Bush trade agenda during the People's March and Rally for Global Justice on Thursday, November 20. Sierra Club's President, Larry Fahn will be in Miami on Thursday to address the rally alongside labor, human rights, and faith community leaders.

The JPY gained ground yesterday all across the board as the weak release of the ADP Nonfarm Employment Change once again increases risk aversion in the markets. In this risk averse situation, carry trades will be constrained and the market will have to wait until carry trades will work on full speed again. Although the JPY is not trading at the high levels it saw two weeks ago, it is still floating in a relatively tight range, and a clear signal that the carry trades are back to normal course has not yet been accepted.

Financial Forex Forex Software "The Bush administration wants the FTAA to give broad power to polluting companies to undermine environmental safeguards and sue taxpayers," said Larry Fahn, President of the Sierra Club. "For example, international water companies could use new FTAA rules to challenge clean drinking water laws in Florida and throughout the Americas, putting communities at risk."

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Trading Under NAFTA, a Canadian chemical company has already sued US taxpayers for $1 billion in an effort to overturn a crucial California clean water law. If similar corporate lawsuit provisions are included in the FTAA, costs to taxpayers could skyrocket, crippling efforts to protect our air and water.

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Trading Financial System "We're here to remind the American people that this administration has caused serious harm to our nation's environment. The FTAA is simply the international extension of the same anti-environmental policies the Bush administration has perused at home," said Fahn.

It should be understood that Currency trading on margin involves high risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. There is always a relationship between high reward and high risk. Any type of market or trade speculation that can yield an unusually high return on investment is subject to unusually high risk. Only surplus funds should be placed at risk and anyone who does not have such funds should not participate in trading foreign currencies. Currency trading is not suitable for everyone.

Day Trading "America needs a new trade policy that's fair to all. We can cut tariffs without giving global companies the power to undermine our environmental standards. We should slash trade-distorting subsidies to polluting industries. And we should level the playing field by requiring enforcement of labor and environmental standards," Fahn concluded.

Forex Financial Trading The nterviews with Mr. Fahn or Daniel Seligman, Sierra Club's Senior Trade Fellow, can be arranged by calling (202) 365-1219.

Fortune Make Option Trading More information about Sierra Club's Trade program can be found at http://www.sierraclub.org/trade

Science Of Financial Market Contact: David Willett - (202) 675-6698 Sierra Club - 11/19/2003

Topic: Trade

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