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Stories for April 2008

• Tuesday, April 1st 2008 - 21:00 UTC

  Falklands' MPA updates defenses on “Hesko” Iraq design

  

  Four hundred personnel at the Falkland Islands Mount Pleasant (MPA) spent last week out on the ground laying barbed wire and building defensive positions around the airfield.

• Tuesday, April 1st 2008 - 21:00 UTC

  Sub-prime crisis costs top Swiss bank 37 billion US dollars

  

  Swiss financial giant UBS has reported that its write-downs as a result of the sub-prime crisis have more than doubled to about 37 billion US dollars. It is the largest write-down by any bank since the credit crunch began.

• Tuesday, April 1st 2008 - 21:00 UTC

  Ministry of Defence praises RAF on its 90th anniversary

  

  Britain's Under Secretary of State for Defence and Minister for Veterans at the Ministry of Defence Derek Twigg paid tribute to the Royal Air Force on its 90th anniversary praising the “professionalism and bravery” of all the men and women who have served in the RAF since April first 1918.