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Byline: GEORGE TYNDALE

TWO-thirds of UK consumers not only buy fake goods but openly boast about the fact, according to a new survey.

So much fake trade is now carried on that the market is said to be worth pounds 14 billion a year.

Now no-one is going to weep too many tears over the losses this represents to multi-national companies like Louis Vuit-ton, Burberry or Prada.

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But taking part in this illegal trade means ensuring that more children are locked into slave labour in Third World sweat shops and more profits are poured into the pockets of international crooks.

What a tawdry trait in the character of the 21st-century Brit this highlights. We'll sacrifice anything - taste, quality, morality, honesty - for the sake of anything we regard as cheap.

It's a phenomenon that explains the British passion for car-boot sales, Vacheron Constantin Watch Replica the unstoppable growth of price-slashing supermarkets and that nasty, get-rich-for-a-quid Lotto.

We were once mocked for being a nation of shopkeepers. Now, apparently, we are a nation of spivs.

 

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CELTIC are monitoring South Korea full-back Cha Du-Ri.

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The Freiburg defender has impressed during the World Cup and new Parkhead boss Neil Lennon has expressed an interest in the 29-year-old, who can play at right or left-back.

Experienced Du-Ri is Rolex Mid Size Replica the son of South Korea's most famous player of all time, Cha Bum Kun.

He has spent most of his career in Germany and played for Leverkusen, Eintracht Frankfurt, Mainz and Koblenz before going to Freiburg.

He has a year left of his contract and would cost in the region of pounds 500,000.

Du-Ri was left out of the South Korean squad for three years after the Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches Replica watches

IS it possible to get two more contrasting countries and cultures going head-to-head in a World Cup finals?

You have the flamboyant Brazilians, with fans who bring a carnival atmosphere to stadia across the world, and flamboyant players who have helped to make the competition such a great event.

You picture the team of 1970 stroking the ball around as naturally as a heartbeat before teeing up Carlos Alberto (right) to smack the ball home. replica breitling watches Or maybe a Zico (real name a less-glamorous Arthur!) free-kick in the '80s, a Romario celebration in the '90s or Ronaldo (pre-pie eating years) scoring in the Noughties.

Then you have North Korea. Versace Watch Replica It should be fairly quiet if they score because most of the population are banned from travelling abroad by their Communist rulers - although their mates in China have promised to send a few supporters to South Africa to cheer them on.

And fans back home will be largely in the dark - live TV coverage has been banned, with only occasional delayed highlights.

Their one finals campaign was in '66 when they were beaten by Eusebio's Portugal in the quarter-finals.

The national team were stopped from playing abroad for five years in the '90s after they lost to hated neighbours South Korea and Japan - so a poor show could mean star striker Jong Tae-se and his team-mates disappearing off the international scene very soon.

BRAZIL V NORTH KOREA Group G, Tuesday, KO 7.30pm Live on ITV1

 

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VIRGINIA BEACH - Carl R. Weast, 73, of Lynchburg and formerly of Virginia Beach, died Wednesday, June 2, 2010, at his residence. He was preceded in death by his first wife, Doris Weddington Weast and is survived by his loving wife, Bonnie Sue Weast.

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Born in Kannapolis, N.C., he was a son of the late James D. Weast and Florence Honeycutt Weast. He was a U.S. Marine veteran with 17 months in Korea and Japan. He joined the Virginia Beach Police Department in 1959 and retired as a captain, organized and commanded the first narcotic and vice unit in Virginia Beach. In 1964, he established the police chaplains for the department which is still operating today, assisted with the chaplain's growth until they reached more than 20 chaplains of all faiths. He was a state- certified police instructor and taught in many academies throughout the state. A master of the martial arts, he served as a self defense and night combat instructor for the Marine Special Force Units and the Navy SEAL Team Units stationed in the Virginia Beach area. He also worked as an undercover agent with the state police and federal agents for several stepdaughters, Katrina Rice and her husband Joe of Lynchburg and Amy Clisso and her husband Brian of Lynchburg; one stepson, Mathew Tilley of Princeton, W.Va.; 11 grandchildren; and two great-grand children.

Mr. Weast also left behind a multitude of close friends, former police officers, Marines, and SEAL team members who were all like brothers to him until the very end.

To honor his request, a private service was held at Rosewood Memorial Chapel, Virginia Beach, with military honors by the U.S. Marines and Masonic Rites by Kempsville Lodge 196. Heritage Funeral Service and Crematory, Lynchburg, (434) 239-2405, assisted the family. Memories and thoughts may be shared with the family at andcremation.com.

 

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Venezuela snubbed the Jeddah summit, revealing a deepening rift within OPEC over Saudi Arabia's unilateral decision to call the meeting and increase its crude oil output. Venezuela's Energy and Petroleum Minister Rafael Ramirez on June 20 said: "We believe all issues pertaining to production must be discussed in the...OPEC [ministerial] meeting".

Iran, OPEC's second largest producer, is also upset with the Saudis. Its OPEC Governor Mohammad Ali Khatibi called any unilateral decision to raise output "a wrong action". Iran's Oil Minister Gholam-Hossein Nozari was on June 22 expected to repeat Tehran's opposition to a unilateral Saudi production increase at Jeddah. Iran now has more than 30m barrels of unsold crude oil stored in VLCCs, a proof that the market is not short of supply.

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< ;p>Ramirez said the high paper WTI price was not caused by supply problems and any extra crude oil put on the market by Saudi Arabia would just end up in storage tanks around the world. And President Hugo Chavez has threatened to stop selling oil to EU states over a controversial new migration law, leading to dismissals by EU leaders on June 20 that he had failed to understand the law. Chavez, who also threatened to kick European firms out of Venezuela, said rules making it possible to detain illegal immigrants for up to 18 months and face re-entry bans of up to five years showed "signs of fascism", adding: "Venezuelan oil will not go to the countries that apply this shameful directive".

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Chavez never carried out repeated threats to suspend oil shipments to the US, by far his largest customer. Slovenia's PM Janez Jansa, whose country holds the EU presidency, said Chavez's threat was "perhaps exaggerated and perhaps not really understanding" of what the new laws meant. European companies in Venezuela include StatoilHydro, Total, ENI and Shell.

Investors Shun DME's New Oil Futures & Attempts On ICE: Dismally small trading volumes on the Dubai Mercantile Exchange (DME)'s new cash-settled oil futures signal that initial resistance may be turning into a resounding failure for the new contracts. But the markets' heightened volatility and record-high prices are also to blame for the lack of interest, as they raise the financial cost of trading and increase regulatory scrutiny, leaving dealers wary of new contracts.

August DME Brent traded an average of 113 lots since its launch on June 1, while DME cash-settled Oman fared slightly better at 129 lots a day. But both contracts are well below the 1,884 lots a day averaged by the DME Oman physical contract during its first month of trading when it was launched a year ago.

The contracts have attracted less attention than the rival cash-settled Dubai contract, launched by InterContinentalExchange (ICE) last year, which averaged a much higher 2,870 lots a day on its first month of trading, before falling into near-oblivion. There has been deep resistance to the two financial contracts as the industry sees little need for them.

A trans-Atlantic deal to cap speculation in London oil futures is a small step towards wider market oversight and should not initially slow the flood of money into commodities. For hedge funds and other investors, energy and agriculture markets have been hot plays of the year. But even as regulators move to counter the ripple effect of runaway commodity prices, tougher steps may still be needed to curb speculation and alleviate worries about inflation and food supply.

The US Commodity Futures Trading Commission (CFTC) and its UK counterpart have reached a deal with ICE Futures Europe to impose regulations on WTI contracts which trade on the London human hair wigs electronic exchange within 120 days. They have unveiled a plan to slap the first trading limits on oil contracts which change hands on a London electronic exchange as US lawmakers have called for more regulations to rein in speculators. CFTC's Acting Chairman Walter Lukken on June 19 was reported to have told US lawmakers the move will place more limits on trading of the WTI contract on the London exchange, which hosts up to 30% of total volumes. NYMEX, which the CFTC regulates, has the rest.

US lawmakers say the lack of limits on the ICE created the "London loophole" allowing oil traders to evade US-style regulations. Charles Vice, president of the ICE, says it is unlikely that ICE Futures Europe was the primary driver behind WTI prices. He says expectations that more regulations on ICE trading will tame prices are likely to go unmet.

(US regulators are feeling heat from US lawmakers to rein in excessive speculation, which they believe is the culprit behind record paper WTI prices).

 

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