5.07.2007

Monday's News

Mary O’Grady comments on the closing of the magazine Vitral in Cuba, urging the Catholic Church to stand up to the Cuban government. Wall Street Journal

Brazilian President Lula signed a controversial decree for a compulsory license, bypassing a Merck patent on an AIDS drug. Wall Street Journal, Financial Times, AP

Before he became Pope, Benedict XVI worked against liberation theology in Latin America. He will be visiting Brazil on Wednesday. New York Times

The Pope hopes to counter the trend of Catholics converting to Pentecostalism. Miami Herald

Venezuelan president Hugo Chavez threatens to nationalize banks controlled by American and Spanish financial institutions, as well as the steelmaker Sidor. New York Times

ConocoPhillips is holding out against Chavez’s terms for expropriation. Financial Times


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