China Financial Daily

December 28, 2008

U.S. society (Revenue Deficit, Real Estate Layoffs, Wal-Mart News)

Filed under: Financial News — Tags: , — Nancy @ 7:06 am -0800

U.S. mutual fund revenue deficit into 40% and 5 billion New York real estate projects were laid off
According to the Xinhua News Agency, in Washington, on Dec. 26th -, According to U.S. media report on the 26th, because of hit by the financial crisis, the 2008 U.S. mutual funds suffered heavy losses, which the vast majority of types of mutual funds investment were in the rate of return of negative 40%. Analysts pointed out that in the United States this year, mutual funds suffering heavy losses as no surprise, since the financial crisis, a variety of investment products’ yields were declining.

Wal-Mart to sell iPhone mobile phone
U.S. retail giant Wal-Mart planed to start to sell on 29th the production of Apple’s iPhone mobile phone. On 26th Wal-Mart announced that customers in the United States nearly 2,500 Wal-Mart stores were able to buy 3G mobile phone version of the iPhone. “We are pleased to bring this ground-breaking technology (cell phone) to their customers,” vice president of Wal-Mart Gary Severin said, “OurĀ  colleagues who are responsible for the sales of electronic products, have been ready for several weeks for the iPhone’s arrival of 3G mobile phone version.”

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Israel and Palestinian Crisis

Filed under: Financial News — Tags: , — Nancy @ 7:04 am -0800

Israel said the air strikes in Gaza aimed at ending the armed attacks on civilians
Israeli Defense Minister Ehud Barak on the afternoon of the 27th held a press conference on the three major goals of the military operation in Gaza. Barak said the Israeli army in the Gaza Strip against the Islamic Resistance Movement (Hamas) had been up on the same day at 11:30 for formal start, which three major objectives of military operations in Gaza were to give a heavy blow to Hamas, the change in the Gaza Strip’s situation, put an end to rocket attacks from Gaza militants on Israeli civilians.

Hamas said the Palestinians had had enough so were to revenge against Israel
On behalf of Hamas in Lebanon’s capital Beirut, the senior Aosamaha Hamdan (Osama Hamdan) on 27th accepted the Al-Jazeera interview, claiming that Israel’s air strikes would not defeat Hamas, and would cause a new round of violence, so Palestinian are called for revenge. Hamdan thought that the Middle East peace process had completely failed, and the Palestinian people have had enough, in addition to no choice but to resist.

UN Security Council held an emergency meeting to discuss the Palestinian-Israeli ceasefire
BEIJING, on Dec. 28th, according to Xinhua Singapore, “Lianhe Zaobao” reported that Israel sent warplanes air strikes in a row on the second day toward Gaza Strip where the Palestinian radical group Hamas occupied, and more than 100 tons of bombs dropped, resulting in the death toll to 230, another 700 people were injured. The United Nations and the European Union called for an immediate end to all violence. UN Security Council held an emergency meeting to discuss the cease-fire motion of request made by Libya.

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Israel’s air strikes to the Palestinian

Filed under: Financial News — Tags: , — Nancy @ 7:02 am -0800

The president of Yemen called on to convene an emergency summit of Arab League
Xinhua in Sana, on Dec 27th (Reporter Li Teng) on 27th Yemeni President Ali Abdullah Saleh called on the League of Arab States (LAS) to convene an urgent summit to discuss Israel attacks in the Gaza Strip to the Palestinian on the same day. Saleh in the day with Syrian President Bashar al-Assad, Qatar Emir Sheikh Hamad on the phone, said that the summit should focus on such “barbaric acts” to unify stance to force Israel to cease hostilities and lift the blockade of the Gaza Strip.

Israel on the evening of 27th in the Gaza Strip launched a new round of air strikes
On 27th, to the Gaza Strip, Israeli warplanes launched two rounds of large-scale air strikes which against dozens of the target in the Gaza Strip fired about 30 missiles, so nearly 200 people were killed and about 400 others were injured. At present, the control of the Gaza Strip, the Palestinian Islamic Resistance Movement (Hamas) said in the Gaza Strip almost all the security agencies of the organization have been damaged in air strikes, and the death also included several senior heads of Hamas security agency.

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