Stories for September 23rd 2008
World markets results tied to outcome of US bail out plan
Shares in Asia opened on Tuesday lower amid uncertainty about the impact of the massive US financial bail-out plan. The falls followed a sharp slide in the US, where the Bush administration has been discussing the 700 billion rescue plan with Congress.
Step forward for Falklands port development
FALKLAND Islands port development has taken another step forward with the appointment of a Major Projects Manager.
New ultra-deepwater drill-ship can reach depth of 40.000 feet
Noble Corporation confirmed its subsidiary, Noble Drilling Holding LLC, has signed contracts for the construction of a new, dynamically positioned, ultra-deepwater, harsh environment Globetrotter class drill-ship with South Korea's STX Heavy Industries and Dutch-based design and construction firm Huisman Equipment.
“This is no time for a novice”, plain PM Brown message
Prime Minister Gordon Brown has staked his claim to be the only man to steer Britain through tough economic times saying: “This is no time for a novice.”
Financial crisis, Iran and Falklands in Cristina's UN bag
In her first speech before the United Nations General Assembly Argentina's President Cristina Fernandez de Kirchner mocked United States policies, reiterated Iran should extradite officials allegedly involved in terrorist actions in Argentine territory and insisted on claiming sovereignty over the Malvinas/Falklands.
UK recognition of migrant children's rights hails UNICEF
The United Nations Children's Fund (UNICEF) applauded this week the decision by the British Government to grant children seeking asylum, migrant children and those trafficked into the country the same rights as British children, including their right to education, health care and social services.
Lula da Silva calls for reforms to stop “anarchy of speculation”
Brazilian President Lula da Silva called for vigorous action to reform multilateral institutions and enable them to prevent a future financial crisis. In a speech Tuesday before the UN General Assembly Lula da Silva said financial, food, energy, environmental and migratory crises reveal the multilateral system must be overhauled to meet 21st Century challenges.
