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•  HP results top Street despite stronger dollar (Reuters)

•  Inflation pressures mount as home building slows (Reuters)

•  Fannie, Freddie fears, inflation slam Wall St (Reuters)

•  Ex-hedge fund manager ordered to pay $300 million (Reuters)

•  Fed officials say must be ready to curb inflation (Reuters)

•  Russia 'makes 1 bln dlrs' on Fannie Mae, Freddie Mac bonds: reports (AFP)

•  2Q profit reports from retailers show more strain (AP)

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POLITICS: Kosovo Casts Shadow on South Ossetian Standoff
WASHINGTON, Aug 19 (IPS) - With the conflict between Georgia and Russia lowered to a simmer after the signing of a ceasefire agreement, questions still remain about the U.S. role and positions on the start of the conflict as well as where it stands moving forward towards a resolution.

Q&A: 'If You Feed the Land, It Will Feed You Back'
BONN, Aug 19 (IPS) - Luc Gnacadja, who took over as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD) last October, is a man with a mission -- a mission that goes beyond explaining that his job is not to battle deserts.

EQUATORIAL GUINEA: Human Rights Drowning in Oil
LISBON, Aug 18 (IPS) - The oil interests of Angola, Brazil and Portugal could pave the way for former Spanish colony Equatorial Guinea to become the ninth member of the Community of Portuguese Language Countries (CPLP) two years from now, despite the country’s poor human rights record.

TRADE-AFRICA: ‘‘An Injury To One Market Is an Injury to All’’
JOHANNESBURG, Aug 18 (IPS) - Southern African non-governmental organisations have put forward demands to their governments in resistance to the continuing talks on economic partnership agreements (EPAs) between the European Union and the African, Caribbean and Pacific (ACP) states.

US-GEORGIA: Expats Unite Against Russia
NEW YORK, Aug 16 (IPS) - When the Russian military launched a military invasion of its small neighbour Georgia -- operating at will in Georgia’s secessionist provinces of Abkhazia and South Ossetia, as well as Georgia proper -- New York’s Georgian-American community responded almost immediately by gathering outside United Nations Headquarters here to protest the invasion of their homeland.

ENVIRONMENT-GERMANY: Fleeing Famine, Bees Seek Asylum in Cities
BERLIN, Aug 14 (IPS) - For German bees, the countryside is no longer what it used to be. They are fleeing insecticides and genetically modified crops to take refuge in cities.

BULGARIA: Small Farmers Strike for Survival
BUCHAREST, Aug 14 (IPS) - Thousands of Bulgarian milk and meat producers have been protesting for more than a week in various regions around the country, warning the government that life for small farmers has become impossible in Bulgaria.



Q&A: Women Do Most, With Least Assistance
ROME, Aug 14 (IPS) - The international debate on effective aid that is shaped by developing countries' needs rather than donors' priorities will be resumed when ministers from over 100 countries, and members of development agencies, donor organisations and civil society gather for the Third High-Level Forum on Aid Effectiveness in Accra Sep. 2-4.

GEORGIA: 'Provoked Into Aggression'
MOSCOW, Aug 13 (IPS) - Georgian President Mikheil Saakashvilli has become an uncertain sort of leader. At first, he won praise after successfully leading the popular 'Rose Revolution' in 2003 that catapulted him into power. Now he has received global condemnation for the military attack that he ordered in the breakaway republic of South Ossetia.

GEORGIA: Saakashvili Asked To Step Down
UNITED NATIONS, Aug 12 (IPS) - A few hours after the 15 member U.N. Security Council discussed a draft resolution aimed to ask Russia to stop using massive force in Georgia Monday evening behind closed doors, Russia said it would stop military action. This came Tuesday, after five days of bombing and destruction of cities and military bases in Georgia and the deaths of more than 2,000 people.

GEORGIA: How the Hawks Won
PRAGUE, Aug 12 (IPS) - Georgia's step towards military confrontation comes after an increase in authoritarian and militaristic tendencies in a country that dealt catastrophically with Russia's pressure.

GEORGIA: Israeli Arms Sales Raise New Concerns
JERUSALEM, Aug 12 (IPS) - With the eruption of fighting between Russia and Georgia, Israel has found itself in an awkward position as a result of its arms sales to Georgia, caught between its friendly relations with Georgia and its fear that the continued sale of weaponry will spark Russian retribution in the form of increased arms sales to Iran and Syria.

RIGHTS-BALKANS: Bringing Roma in From the Fringes
BELGRADE, Aug 12 (IPS) - Some weeks ago, Serbia said farewell to folk singer Saban Bajramovic who died of heart failure at age 72 in the southern city of Nis. In an unusual gesture, Serbian President Boris Tadic attended the funeral, paying his last respects to 'The King of Gypsy Music'.

GEORGIA: Where the Cold War Never Ended
PRAGUE, Aug 11 (IPS) - As war breaks out in Georgia, the geopolitical struggle between the U.S. and Russia becomes more violent and closer to Russia's border than ever.

TRADE-WEST AFRICA: Overfishing Linked to Food Crisis, Migration
PARIS, Aug 11 (IPS) - According to a recent report by the nongovernmental organisation ActionAid, West African seas are being devastated by legal and illegal overfishing, while local fishing industries decline. Moreover, the economic partnership agreements in their currently proposed form only exacerbate this problem.

World News
•  Afghan militants kill 10 French, strike at US base (AP)

•  NATO pulls its punches on penalty against Russia (AP)

•  Russia moves toward pullback but shows strength (AP)

•  China's Olympic ceremony features sacrifices (AP)

•  Divisions emerge in Pakistan's ruling coalition (AP)

•  US, Poland poised to sign missile deal (AFP)

•  US military deaths in Iraq war at 4,144 (AP)

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