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We are here in london. Im guy johnson. Im francine lacqua. Happy new year to everyone. What are Angela Merkels contingency plans for grace . That is a question that is dominating the currency markets this morning and is sending the euro lower. Driving the news is a report over the weekend that says merkel could look at a greek exit. Lets go to hans nichols with the very latest. What are we to believe . We basically have three different lines from the German Government officials in germany on the report. The first is that saturday night line. That was a nondenial and ill saying they dont comment on speculative reports. Then, last night, we had the economy minister and Junior Coalition partner. He would know about internal planning inside the finance ministry. He said there were no contingency plans. This morning, we ....
They are written for scientists or technologists or experts in whatever the field is whether its mechanics or fluid dynamics or bio chemistry. And the Patent Office actually encourages you not to put too much background science into your patent, but its all deemed to be there. So, when a generalist judge gets one of these patent cases, they have to figure out what the patent means in order for them to figure out whether the patent is a valid claim of an invention and whether the defendants invention infringes the patent. And often thanks to a ruling the Supreme Court handed down close to 20 years ago called markman, they have whats called a markman hear chg is basically a little mini trial before the court, not a jury, where they decide what the terms in the patent mean. Often you have experts testify. Now, usually in federal court when you have experts come in and testify and ....
Fdrs first new deal the nra was unconstitutional because it delegated in the case of carter cole to a consortium of private entities, the coal miners Coal Company Officials and private citizens the power to set terms of competition and set wages and set working conditions, et cetera, essentially a delegated governmental functions to a private entity and that violated the constitution. That was one of the real major flash points of the new deal controversial between fdr and the Supreme Court back in the 1930s and since then there hadnt been another case holding that delegation was constitutional, but we have one now and its on the docket and, you know, ive given you a feel, i think, for what the challengers have said and will say in the Supreme Court. Ill give you a little bit of a feel for how were defending that s ....
Purchases are not on a preset course. Contingentill remain on the Committee Outlook for the labor market and inflation for the success of the likely efficacy and cost of such purchases. With regard to the economy, some new language here since the last meeting. There are indications of growth and Economic Activity picking up in recent quarters. Labor market indicators showing further improvement. The Unemployment Rate declined but remains elevated. Household spending and Business Investments advanced more quickly in recent months while the recovery in the housing sector slowed somewhat. Market is having become more nearly balance, and then finally, i want to read you another section here. The same language we saw previously, maintaining that stance of ....