China Financial Daily

December 30, 2008

Japanese government and central bank

Filed under: Financial News — Tags: , — Nancy @ 9:11 am -0800

The Japanese government and central bank to consider new measures to buy non-performing loans of banks
BEIJING, on Dec. 30th integrated power, sources reported that, according to Japanese media report on Tuesday, the Japanese government and the Bank of Japan was considering new measures to take, which to use the funds to purchase non-performing loans and other types of bank financial assets. it was reported that the move was aimed at strengthening the capacity of financial institutions lending, to ease tight credit. With the overall economic environment of rapid deterioration, the credit market tensions’ board will further aggravate.

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Crude oil production in Libya

Filed under: Financial News — Tags: — Nancy @ 9:10 am -0800

Libya decided to cut 270,000 barrels of crude oil from next year
Xinhua in Tunisia on December 29th (Reporter Liu Shun) Tripoli: in Libya, according to media reports, President of the Libyan National Oil Company, Ghanem announced on the 29th, that Libyan Oil Company from January 1, 2009 was to cut 270,000 on crude oil production Barrels per day in order to fulfill the decision which Organization of Petroleum Exporting Countries (OPEC) decided this month to make the cut.

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Georgia troops

Filed under: Financial News — Tags: — Nancy @ 9:09 am -0800

Russian media said the opposition of Georgia officially launched impeachment proceedings of President
Najielashen Shalikashvili, on 29th, announced at a press conference: “The Labor Party Parliamentary Group on the exercise of their constitutional rights, started the formal process of impeachment of President Saakashvili which the Constitution provides. After the account of signature the impeachment was in full compliance with Council constitution, and the constitution will submitted to the Parliament (with the consent of one-third of the members of the signatures). All the members who are in no support of the president’s resignation would be the first to sign their own judgments. ”

The delegate of Russia in OSCE denied the block to the mission assigned to Georgia to negotiate
BEIJING, on Dec. 30th, according to Russian network of 30th new reports, in Permanent Mission of the Organization for Security and Cooperation in Europe on behalf of the Russian Federation Anwar did not agree with somone to accuse Russia of blocking the missions assigned to Georgia for the negotiation process once again. Last week, Russia did not agree to extend the period of the observer organization of the OSCE Mission in Georgia, as the task of missions in Georgia, including in Abkhazia and South Ossetia, therefore there was need to reconsider the issue.

South Ossetia said that in borders of South Ossetia, Georgia was building up troops
Network on December 30th hearing, according to Russian news agency it was reported thatthe Republic of South Ossetia and the publication of the Commission quoted the country’s Ministry of Defense sources and said that in borders of South Ossetia, Georgia was building up armored vehicles. Notice, “according to the news it was said that 28 army tanks into the grid tank battalion stationed in Gori. Also from the South Ossetia border not far from the village it was found “Cobra “armored vehicles.”

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