| Protectionism! The West Must Defend Itself
The region was at risk, even if the majority of Germans didn't notice or feel the danger. Even members of Schmidt's own party, the Social Democrats, thought the Chancellor's concerns exaggerated, with some even accusing him of being overly hawkish. His campaign to deploy Pershing and Cruise missiles was met with angry protests. Armament finally came, but Schmidt was no longer in office. Why the history lesson? Because in today's economic world a similar security risk has developed with China's emergence as an economic power. Free-market economies in the United States and Europe find themselves confronted with China's controlled market economy -- a model for which they are unprepared. In the global war for prosperity, a rival has emerged -- and it is willing to use complete state protection to win.
Timeline: Northern Rock bank crisis
It reveals it has sold mortgages worth a record 10.7bn in the first half of 2007, up 47% on the same period a year before. This is equivalent to 19% of all new mortgage policies sold over that time, making it the market leader in the UK. Interim profits are up 0.7% to 296m and the firm pledges to boost its dividend - its payment to shareholders - by 30%. It notes that "sharp increases" in borrowing rates in the money markets are likely to make life more difficult and that changes in "interest rate and credit risk environments" will influence the size of its annual profits. But it says its assets have grown 28% to 113bn, its new residential lending remains "low risk" and that sales growth from its core mortgage business remains good. .
Mother wins battle for life-prolonging cancer drugs...but it's too ...
I was not asking them to spend money, I am prepared to pay for it. "Now it has probably cost them more because they have had to employ solicitors." Mrs Mills is preparing to take South Tees Hospitals NHS Trust and North Yorkshire and York Primary Care Trust to court to secure her right to pay for extra drugs. "I want the right to co-pay because research means things are changing all the time," she said. "There might be something that is being developed now that could help me in the future. "It is not just me - it is an injustice for others. "We need to take this legal action. But I lie awake worrying about the fact that if I lose the case, I would be forced to pay a huge bill for costs." The Department of Health says it is against private payment for drugs because it would lead to a two-tier NHS.
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