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Italy steel mill appeals order to stop production
by Staff Writers
Rome (AFP) Aug 14, 2012


Europe's biggest steel mill launched an appeal on Tuesday against a judge's order to halt production while a clean-up operation of polluting chemicals at the ILVA plant in southern Italy is carried out.

ILVA chairman Bruno Ferrante, charged with overseeing the 336-million-euro ($414 million) clean-up plan funded by the government, said he was convinced that "the judge's decisions are invalid" and demanded the order be revoked.

Local judge Patrizia Todisco insisted Friday that operations could not continue while the health and safety upgrades are made. She was clarifying an earlier ruling which the company had interpreted as allowing it to remain open.

The plant site has witnessed a fierce stand-off between those who want it closed during the investigation into a possible "environmental catastrophe" and thousands of families that depend on it for jobs amid a deep economic crisis.

Operators of the ILVA plant were ordered last week to clean up pollution that some blame for high local cancer rates in a ruling that could mean suspending output and losing business in Taranto, where unemployment is high.

Prime Minister Mario Monti is expected to send three ministers to the site to see if the government's intervention can keep the plant open.

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China says exports, imports slow in July
Beijing (AFP) Aug 10, 2012
China's exports and imports slowed for the second consecutive month in July, official data showed Friday, highlighting worsening conditions in the world's second-biggest economy. The figures - sharply below market expectations - add to concerns that China's economy is still losing steam despite government efforts to prop up growth and investment, in an effort to lessen the impact of the gl ... read more


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