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Reviews
A review of the arts and literature .....More |
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According to George Soros,
global leaders are mining the wrong places for
climate cash
By
Rowena Mason, Telegraph, UK
December 10, 2009
Holding court before the TV cameras,
Mr Soros bluntly pointed out that neither developed
nor developing countries can stretch their balance
sheets much further at the moment.
“But this $10bn fund is more than nothing but not
much more because of the magnitude of the problem,”
he declared. “It’s not sufficient and it’s already
becoming apparent that there’s a gap between the
developed and developing worlds on this issue that
could actually wreck the conference.”
Global leaders are looking in the wrong places, he
explained. The world needs new money and this can be
found in current rainy day reserves. Developed
countries should give up their special drawing
rights (international reserve assets) handed out by
the International Monetary Fund as loans for
developing countries in a $100bn fund. Poor
countries pay interest and eventually the whole
loan, but in the event of a default, the loans are
backed by the IMF’s gold reserves.....
......More
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Who builds houses for the South
Koreans?
News Analysis, Dec 10, Ghanadot - This is a
question that has to be asked because building houses
for South Koreans and building same for yourself means
you get to make a lot of money......More |
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According to George Soros, global
leaders are mining the wrong places for climate cash
London, Dec 10, Telegraph, UK -
The world needs new money and this can be found in
current rainy day reserves... Poor countries pay
interest and eventually the whole loan, but in the event
of a default, the loans are backed by the IMF’s gold
....More
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P.C Appiah-Ofori: Mills has
shown he is not corrupt
Accra, Dec 10, Ghanadot - The New Patriotic
Party Member of Parliament for Asikuma
Odoben Brakwa, Paul Collins Appiah-Ofori,
has thrown his weight behind President
Mills’ amiable character, saying the
president has amply demonstrated that he is
at variance with corruption....More |
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Government blows GH¢5.6million on
renovation of 82 bungalows
Accra, Dec 9, Ghanadot - The Government of Ghana has
spent a total of GH¢5.6 million (56billion old Ghana cedis)
on the renovation of 82 government bungalows since the Atta
Mills led National Democratic Congress (NDC) came to office
in January 2009.
More
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