Friday, 12 September 2008

Newspapers : 12th September (en)

Russia's foreign minister warns Poland over missile shield. Matthew Day, The Telegraph (en)
Stung by Criticism Over Georgia, Putin Asks West for a Little Understanding . Ellen Barry, The NYT (en)

Putin warns UK over harbouring dissidents. John Kampfner, The Telegraph (en)
"...Referring to Britain's continued granting of asylum to the oligarch and former Kremlin insider, Boris Berezovsky, Mr Putin said "why do you allow the territory of GB to be used as a launching pad to fight Russia? That's why it's not possible to build normal relations with the UK."
Referring to British exile for a prominent Chechen dissident, Mr Putin added "if we were to give safe haven to militants from the IRA, with weapons in their hands, what would you do?... "

Britain 'set to be flooded with cocaine'. Christopher Hope, The Telegraph (en)
"John Walters said European countries such as Britain were now the destination of choice for South American drug producers like Venezuela. Cocaine use was on the decline in the US, making Europe - where the street price of the drug can be twice as much as in America - far more attractive to drug barons ..."

'Georgia? We couldn't just get a bloody nose' says Putin. Mary Dejevsky, The Independent (en)
" ... The anger and industrial language on display for a domestic TV audience gave way to a more measured performance after the cameras departed and food was served. Unfettered by aides and without his security men who had accompanied him into the banquet hall, he fielded questions openly, calling journalists by name ...
Russia was facing problems today, he said, which demanded new solutions. "The solutions of the past wouldn't do." State infrastructure, housing, health and education all needed to be overhauled. This represented an unusual admission that Russia was now lagging behind in areas that the Soviet Union had excelled ..."

We're all capitalists now? Not any longer. Anatole Kaletsky, The Times (en)
" ... This lack of any serious debate about the sudden fate of Fannie and Freddie may help to stabilise the US economy and housing market in the months ahead, since American homeowners should soon enjoy a potentially unlimited supply of government-financed mortgages. But the effects of this nationalisation on the future of the world financial system will be more far-reaching and profound ...
...It is hard to imagine Saudi Arabia or China wanting to add to the huge investments they have already made in Citibank or Merrill Lynch, now that they have seen the enormous losses deliberately inflicted by the US Treasury on investors who pumped $20 billion of new money into Fannie and Freddie since November last year. Particularly so as the two mortgage giants raised this money with the explicit support of the regulators and the US Treasury.

No comments: