Wednesday, June 17, 2009

Housing is bad enough, but wait — it'll get worse

WASHINGTON — If you think the housing slump can't get much worse, Martin Feldstein thinks that both home prices and the broader economy can — and very likely will — get a whole lot worse.

The Harvard University professor and former chief economic adviser to Ronald Reagan isn't part of the crowd that continually forecasts doom. For two decades, he's headed the National Bureau of Economic Research, which officially determines when U.S. recessions begin and end.

So when he spoke on Monday night at the annual dinner of the National Economists Club, a gathering of like-minded wonks, Feldstein's grim calculations were noteworthy.

"There are now 12 million homes in the United States with a loan-to-value ratio greater than 100 percent. That's one mortgage in four. The aggregate amount of that is some $2 trillion," said Feldstein. "If you look at the median (midpoint) loan-to-value ratio in that 12 million group of underwater mortgages — mortgages with negative equity — the median loan-to-value ratio is 120 percent."

That means about 25 percent of all U.S. mortgages are exceed the value of the homes the mortgages are financing. In the case of half the homes that are underwater, homeowners are paying a mortgage that's now 20 percent higher than the value of the home.

That's bad — but it's likely to get worse.

A recent report by First American Core Logic, a real-estate data firm in Santa Ana, Calif., estimated that as of Sept. 30, 7.5 million mortgages, or 18 percent of all properties with a mortgage, had negative equity. The group thinks there are another 2.1 million mortgages that are within 5 percent of going underwater.

Together, these two categories account for 23 percent of all properties with a mortgage. Nevada led all states with 48 percent of homes with negative equity. Florida and Arizona each had 29 percent of homes with underwater mortgages, while 27 percent of mortgages in California were upside-down, the group said.

If home prices fall another 10 to 15 percent, as measured by the Case/Shiller Home Price Index, then four out of every 10 mortgages in the U.S. could be underwater, Feldstein said.

"At those levels, it's hard to see how many people are going to be willing to keep up with their mortgages," Feldstein said.

The implications for many homeowners are staggering. Before the recent housing boom of 2000 to 2006, homes increased in value at a historical annual rate of about 2.3 percent when adjusted for inflation.

That means that for homeowners who owe 35 percent more than their homes' value, it would take, at historical averages, about 15 years just to break even on their home investment. They won't build equity. It would be a huge incentive for millions to hand the keys back to the lender and seek cheaper housing.

Not all real estate experts buy Feldstein's stark numbers.

"That's the highest percentage I've heard from anybody, by quite a bit," said Rick Sharga, senior vice president for Realtytrac, an Irvine, Calif., company that publishes foreclosure data.

More conservative forecasts, though still dismal, point to a smaller drop in home prices of 5 percent to 7 percent, he said.

Added Jay Brinkmann, chief economist for the Mortgage Bankers Association in the nation's capital, "If you generalize the numbers too far, I think it leads to some incorrect conclusions."

The Case/Shiller Index is driven by home sales that have taken place. It doesn't reflect the stability in older, established neighborhoods, Brinkmann said. The vacant and for-sale rates nationwide for homes built before 2000 — that is, pre-boom — is just 2 percent. The delinquency and foreclosure problems are concentrated mostly in a handful of states, such as California, Florida, Arizona and Nevada, which had overbuilding and weak lending standards.

"Those states have about 25 percent of the mortgages and 50 percent of the foreclosure starts" in the latest association survey, Brinkmann said. Nationwide, 6.4 percent of all mortgages were delinquent through June, but the number of delinquencies and foreclosure starts are breaking records every quarter, the most recent MBA survey said.

Brinkmann's own rough guess is that somewhere between 6 million and 8 million mortgages are underwater, still a very high number. He doesn't see the national outlook getting better any time soon, framing his estimate of when that happens in the form of a question: "When does the influence of these massive declines in California and Florida go away?"

Realtytrac's forecast isn't any brighter.

"The best-case scenario in terms of the real estate market is we probably bottom out between mid-year and the end of 2009. And that's the best case from where we're sitting," Sharga said. "The only reason it could happen that soon is because of how rapidly and how severe the downturn has been in the housing market."

A lot would have to go right to reach that best-case scenario. Government and industry efforts would have to step up efforts to forgive or make up the difference between the value of the mortgage and the value of the home.

The final batch of subprime mortgages scheduled to reset to a higher interest rate will have done so by the end of the first quarter of 2009.

In a rare bit of relief for one segment of the housing market, the interest rates that determine the monthly payments for some adjustable-rate mortgages are falling.

Sharga said, however, that the next problem is the $60 billion of adjustable-rate Alt-A mortgages, which fall between subprime and prime loans. Millions of these loans are scheduled to reset next year to higher interest rates. That could bring monthly mortgage payment increases of $1,000 or more if the loans aren't modified or refinanced.

All this is happening amid what now clearly is a deepening recession, with the highest job losses and deepest drops in consumer spending in decades. The Labor Department reported on Thursday that weekly jobless claims jumped to 542,000, a 16-year high, last week. That suggests a fast-deepening recession.

The White House Thursday acknowledged for the first time that it now supports efforts in Congress to extend unemployment benefits for longer periods to the millions of Americans who can't find work in the downturn.

Consumer spending drives about two-thirds of U.S. economic activity, and as unemployment mounts and consumers retrench, that leads to even more unemployment, mortgage delinquencies and foreclosures.

"The problem now is what will be happening with jobs," Brinkmann said.

US Stocks Narrowly Mixed After Gloomy FedEx Outlook

U.S. stocks were narrowly mixed after a gloomy outlook from FedEx and data showing the biggest annual drop in consumer prices in nearly 60 years.

Shortly after the opening bell, the Dow Jones Industrial Average was little-changed, moving between small gains and losses. The Dow has fallen 3% since creeping into positive territory for the year last week. The S&P 500 and the Nasdaq Composite Index were also flat.

FedEx sank 1.4% after its fiscal fourth-quarter loss widened and the package-delivery giant projected earnings for the current quarter well below Wall Street forecasts. Results for FedEx and other shippers are often seen as an important gauge of overall economic activity. Rival UPS was marginally lower.

The consumer-price index rose 0.1% in May from April but fell 1.3% from a year ago, the largest 12-month decline since April 1950. The core CPI, which excludes food and energy prices, climbed 0.1% month over month. The data support the growing sentiment at the Federal Reserve that deflation risks have waned. But there's little evidence inflation is taking hold, a concern that has crept into bond markets in recent weeks.

Treasury prices rose after the report. The two-year note was up 1/32 to yield 1.17%, while the benchmark 10-year note rose 3/32 to yield 3.64%.

Crude-oil futures sank below $70 a barrel ahead of the release of weekly data on U.S. fuel inventories.

Asian markets finished mostly lower, but the Nikkei 225 rose 0.9% in Tokyo. Stocks in Europe were weaker for the fourth session in a row. The FTSE 100 slid 1%.

Chinese president makes proposal for tackling global financial crisis at BRIC summit

YEKATERINBURG, Russia, June 16 (Xinhua) -- Chinese President Hu Jintao Tuesday presented a four-point proposal for dealing with the ongoing global financial crisis at the first summit meeting of BRIC countries which groups Brazil, Russia, India and China.

First, BRIC countries should commit themselves to bringing about an early recovery of the world economy, Hu said.

"We should work hard to overcome the difficulties and try to take the lead in recovering from the global financial crisis," he said, adding "This is not only for our own need, but also contributes to world economic recovery."

BRIC countries should solve the long-existing structural problems in their economic development and change their development pattern in an effort to improve the quality and level of their economic development , while striving to resume world economic growth.

He also urged BRIC countries to continue to open their markets, make use of their mutually complementary strength and expand economic and trade cooperation.

"We should also firmly oppose protectionism, jointly safeguard the normal and orderly flow of commodities, services and personnel worldwide, and help ensure that the Doha round of global trade talks would achieve a comprehensive and balanced outcome as soon as possible," he added.

Second, BRIC countries should commit themselves to pushing forward the reform of international financial system, Hu said.

To establish a new international financial order that is fair, equitable, inclusive and well-managed, and provide guarantee for the sustainable development of the global economy in terms of system and mechanism conforms with the trend of the historical development and is in the fundamental interest of all parties, he said.

BRIC countries should improve the international financial supervision mechanism and ensure the effective participation of the developing countries in world financial supervision organizations such as the Financial Stability Board, Hu said.

Third, BRIC countries should commit themselves to implementing the UN Millennium Development Goals (MDGs), the president said.

The international community should not overlook development issues and cut the input for development while dealing with global financial crisis, he said.

Instead, it should pay close attention to the impact that the crisis has left on developing countries, especially the least developed ones, he added.

The BRIC countries should call on all parties to continue to implement the MDGs and urge the developed economies to fulfil their commitment to assistance, he added.

Fourth, BRIC countries should commit themselves to ensuring the security of food, energy resource, and public health, he added.

He said while tackling the ongoing global financial crisis, efforts should be made to properly handle some outstanding problems that hinder development, such as climate change, food, energy, resource and public health security. A long-term approach and overall plan should be adopted to take all factors into consideration as these issues bear on the wellbeing of all peoples in the world and their overall interests, he added.

He also urged BRIC countries to increase investment in agriculture, develop advanced agricultural technique and curb market speculation. He also called for greater food assistance and closer agricultural and food cooperation.

"We should also accelerate our efforts in developing clean and renewable energy, and establish advanced research and promotion systems in a bid to diversity our energy supply," Hu said.

He urged the four countries to strengthen information exchanges and communication, share the experience on epidemics preventions and control, and work together to develop and share vaccines, and cooperate in pandemic control and prevention.

Obama Blocks Visitor List Access, Echoing Bush

The Obama administration has denied requests from both reporters and government watchdogs to reveal the names of White House guests, echoing Bush administration policy.

MSNBC.com reports that their attempt to get visitor logs was denied:

The Obama administration is arguing that the White House visitor logs are presidential records -- not Secret Service agency records, which would be subject to the Freedom of Information Act. The administration ought to be able to hold secret meetings in the White House, "such as an elected official interviewing for an administration position or an ambassador coming for a discussion on issues that would affect international negotiations," said Obama spokesman Ben LaBolt.


These same arguments, made by the Bush administration, were rejected twice by a federal judge. The visitor logs are created by the Secret Service and maintained by the Secret Service, U.S. District Judge Royce Lamberth ruled in 2007 and again this January. CREW had requested records of visits to the Bush White House, as well as the residence of Vice President Dick Cheney, by leaders of Religious Right organizations.

Citizens for Responsibility and Ethics in Washington, a nonpartisan watchdog focused on special interests, was also rebuffed.

CREW sought records of visits by top coal executives in an effort to learn the extent to which these individuals may have influenced the administration's energy policy. Taking the exact same position as the Bush administration, the Obama administration claimed the records are presidential, not agency records, and otherwise exempt in their entirety because of the possibility in some instances they could reveal information protected by the presidential communications privilege. In prior litigation U.S. District Court Judge Royce Lamberth agreed with CREW that the records are agency records that must be disclosed under the FOIA.

The group is filing a complaint against the Department of Homeland Security.

We are deeply disappointed," CREW attorney Anne L. Weismann told MSNBC, "that the Obama administration is following the same anti-transparency policy as the Bush administration when it comes to White House visitor records. Refusing to let the public know who visits the White House is not the action of a pro-transparency, pro-accountability administration."

President Bush fought for years to keep White House visitor logs private, arguing that they should fall under the presidential communications privilege. In January of this year a judge rejected that argument.

台灣‧簽證也遭註銷‧扁兒媳在美國資產凍結

(台灣‧台北)台灣前總統陳水扁兒子陳致中因涉及洗錢案,方根據特偵組提供的情資,早前已將陳致中夫婦在美國的2棟豪宅等6000萬(新台幣,下同)資產凍結查扣。

此外,美國在台協會(AIT)也主將2人的美國簽證註銷,日後即使2人解除境管,也必須重新申請才能赴美。

據報導,特偵組透過艾格蒙洗錢組織從瑞士與美國取得的文件發現,陳致中在去年6月從瑞士帳戶匯出2筆各100萬美元(台幣6000萬,約馬幣353萬2500令吉)到美國,並用來購弗吉尼亞州及紐約州的2棟豪宅,特偵組認為這些資產涉嫌洗錢,將情資傳給美方之後,由美國法院裁定凍結查扣。

根據報導,台北地院針對陳致中與黃睿靚洗錢部份,最後將端視他們是否把海外的錢匯回台灣,以此作為量刑標準,一旦錢沒匯回,陳致中恐將遭到重判。而AIT是在確認陳致中與黃睿靚已被特偵組依洗錢罪起訴並限制出境,才決定將2人的簽證註銷。

疑制動器失靈‧司機果斷撞堤‧長巴雲頂下山傾覆26人傷

(吉隆坡)一輛載著大部份新加坡遊客的長途巴士,週二(6月16日)下午從雲頂下山,料不到才開行5分鐘,疑制器失靈,司機當機立斷撞向分界堤後傾覆路中,巴士上26名乘客和司機皆受傷,至少4名新加坡人傷勢嚴重。

當時巴士車速並不快,數乘客早已察覺巴士似有不妥,他們在司機大喊“無法煞車”後迅速離開座位,或蹲到中間走道,或儘量躲去巴士後方,以避免遭受嚴重傷害。

司機大聲提醒乘客

文冬警區主任羅斯里警監指出,車禍於下午3時30分,發生在雲頂路4.9公里,一輛快車在轉彎處傾覆,而尾隨的一輛普騰Gen2轎車來不及煞車撞上巴士尾部,這名轎車司機沒受傷。

他說,警方還在調查車禍肇因。

26名乘客中,新加坡人就佔了22人,其他4個是大馬人。

事發後,巴士司機和所有乘客皆被送去中央醫院救治,其中一名13歲獅城女孩傷勢嚴重,她被座墊壓到頭部,傷口裂至見骨,須馬上動手術。

巴士司機來嘉安(41歲)在醫院受訪時說,他在巴士開行後5分鐘,發現氣壓儀板表針在下降,當降至底線巴士制動器即無法操控,他大聲提醒乘客。

“為了避免撞下左邊山崖,只好往右邊分界堤撞去,希望把嚴重程度減至最低。”

他指出,巴士傾覆後,他雙腿被駕駛盤及木枝夾傷,頭部也流血,之後由消防及拯救員救出來。

擁有13年駕駛巴士經驗的他說,他加入這家長途巴士公司約一年,這是首次發生車禍,他受到驚嚇不小。

雙層巴士故障改搭快車

肇禍巴士內的新加坡乘客原是乘搭旅行社安排的雙層巴士下山,卻由於雙層巴士有故障,因此他們受通知改搭快車,不料所乘搭的巴士“也出問題”。

其中一名新籍傷者林淑雲(31歲)說,她與朋友家人一行多人,通過當地一間旅行社週日(6月14日)到雲頂遊

“我們原本下午2時乘坐旅行社安排的雙層巴士下山,但旅行社卻臨時說巴士壞了,所以會安排團員分坐2輛別的巴士下山。”

她抱怨,他們等到3時許才上到巴士。

“我覺得這輛巴士陳舊,一開行就感覺搖搖晃晃的,已有擔心,我也聽到一些乘客說掣動墊片‘光´了。”

她說,由於當時巴士滑行不快,因此大多數人來得及作出反應紛紛離座。他們一行人都受輕傷。

另外,大馬乘客陳榮華(50歲、板工)曾經提醒巴士司機,巴士制動器有問題,但無法阻止車禍發生。

遊客抱怨旅行社沒馬上援助

遇車禍的新加坡遊客抱怨旅行社行動慢,沒即時為他們援助和安排。

林淑雲說,與她同行的親人與朋友,在醫院接受治療後獲准離開,但是他們的行李還留在肇禍現場巴士上,令他們進退不得。

“難道要我們上回雲頂拿行李嗎?我們想馬上回新加坡都不能。”

此外,也有的新國人由於身上沒有馬幣,無法付訂金留院治療,造成情況尷尬。

院方後來派出一名諳華語的醫護人員與新加坡遊客溝通。

霹2獨立州議員等6人控貪污案‧證人:與中霹縣會沒事務關連‧2議員不知土地發展計劃

(霹靂‧怡保)冷區州議員查馬魯丁和章吉遮令區州議員莫哈末奧斯曼與另4人被控貪污案件週二(6月16日)進入第二天審訊,中霹靂縣議會秘書波漢表示,莫哈末奧斯曼、查馬魯丁,去年和今年的行政議員都不知道在中霹靂斯里依斯干達90英畝土地發展的計劃。

波漢週二在怡保地方法庭出庭供證時表示,莫哈末奧斯曼和查馬魯丁與中霹靂縣議會沒有事務關連,他以此假設2人並不知道這項土地發展計劃。

建議至今未呈行政議會

他同意這項建議至今還未呈上州行政議會,至今州務大臣和行政議員都不知道這項建議。

他披露,有關土地發展計劃是於去年7月29日,第一次被提呈上中霹靂縣議會的常月會議,唯當時莫末奧斯曼和查馬魯丁沒有出席這項會議。

他表示,當時會議沒有深入討論這項計劃的詳情,並且沒有記錄這計劃獲得通過或受到反對。

波漢是於去年4月16日出任中霹靂縣議會秘書職,他說,這間公司在他擔任這項職位前,於2007年已提出這項建議,唯至今這項建議還是維持在建議階段,還未獲得批准和實行。

他同意這項計劃於2007年國陣政府執政時期被提出,同時由Sino Land有限公司提呈給國陣政府。不過,在這項計劃於去年7月29日提呈上中霹靂縣議會常月會議時,州政府是民聯政府。

他表示,他知道縣議會於2007年針對這項90英畝土地發展計劃發出幾封信件給數家公司,包括Sino Land有限公司。

波漢也同意當時擔任中霹靂縣議員的2名被告烏賽里(公正黨前波打區州議員)和祖哈山(商人)不知道這項計劃的詳情。

波漢也同意烏賽里和祖哈山與這項土地發展計劃完沒有關連。

涉土地發展計劃收賄6人被控

在這宗案件中,共有6人被控,除了莫哈末奧斯曼、查馬魯丁、烏賽里和祖哈山,另2人是羅斯蘭(霹靂州發展機構技術人員)和法祖。

他們被指在一項位於斯里依斯干達市中心,耗資1億8000萬令吉的90英畝土地發展計劃中涉及收賄,包括2名州議員收取12萬令吉賄款以加速批准這項發展計劃。當時莫哈末奧斯曼和查馬魯丁是民聯州政府的行政議員,他們都否認有罪,目前2人是獨立州議員。

此案展延到8月28日和29日續審,承審此案的地庭法官是阿茲漢聶斯坦。

逾100國家專家聚集大馬‧軍隊醫藥大會10月舉行

(吉隆坡)第38屆世界軍隊醫藥大會將在大馬舉行,屆時超過100個國家的軍隊醫療專家會到大馬出席大會。

這項世界軍隊醫藥大會將於10月4日至10月9日,在雙峰塔會議中心舉行,配這項盛會,10月5日至10月7日期間會舉行軍隊醫藥資訊展覽。

武裝部隊衛生服務總監拿督斯里蘇萊曼在新聞發佈會上表示,每兩年一次軍隊醫藥大會,可以讓大馬與各國醫藥專家有進一步聯繫,共同研發新的藥物來醫治世界的疑難雜症。

這項活不僅限於軍民參與,凡是醫藥界工作者也歡迎前來針對醫療方的課題進行交流。詳細內容亦可上網瀏覽http://www.wcmmkl2009.com查詢。

主演與本人同名連續劇‧丹三王妃將上熒幕

(吉隆坡)吉蘭丹州三王妃馬諾哈拉將躋身熒幕,飾演與她本人同名的連續劇。

聲稱被丈夫丹州三王子東姑莫哈末法克力虐待和性侵犯的馬諾哈拉,宣佈與印尼最受歡迎的私人電視台RCTI簽約,擔任連續劇的女主角。

在現實中活得不快樂的她,或許可在連續劇中有一個圓滿和幸福結局。

馬諾哈拉的母親黛絲在接受《新海峽時報》電訪時透露,連續劇將與女兒的名字“馬諾哈拉”同名,但故事題材並不是取之於馬諾哈拉現實的生活

有圓滿幸福結局

黛絲透露,連續劇故事講述在城市大型旅行社擔任主管級人物的馬諾哈拉遇上一位有錢男人,男人最後戀上馬諾哈拉,雙雙墮入愛河,有一個圓滿幸福的結局。

她說,連續劇將在今年7月6日開始,每週一(6月15日)至週五在電視台播出,預料可吸引數百萬名觀眾追看。

“她(馬諾哈拉)是在上週末簽約,並在本週一開始拍攝工作,她現在充滿了精力;身為一名母親,必須確保我的女兒真正過得好,休息後重新生活。”

她披露,馬諾哈拉渴望能再繼續工作,因為工作可讓馬諾哈拉慢慢淡忘不開心的過去。

電視劇在印尼地位重要

連續劇在印尼人生活中佔了一個非常重要的地位,數以萬計的印尼人每天都追看以愛情故事、貧民變富豪為題材的連續劇,來忘記他們在現實生活中所對的艱難。

在印尼,電視劇明星的影響力是非常巨大的,就以今年4月份當地的立法選舉來看,儘管沒有任何政治經驗,但很藝人在選舉中獲選為國會議員,證明藝人在印尼受歡迎的程度。

在連續劇與馬諾哈拉演對手戲的男主角,為印尼著名電影及電視劇演員托拉蘇迪洛和資深女歌手及藝人迪威尤。

巴西‧發現病毒變種‧血細胞凝集素有變化

(巴西‧聖保羅)巴西聖保羅州衛生部門週二(6月16日)發表報告說,研究人員對從此州一名A型流感患者身上提取的樣本進行研究後發現,病毒已經發生變異。

報告說,巴西阿道弗‧盧茨細菌學研究所的基因測序研究顯示,與國加利福尼亞州最初報告的A型流感病例的樣本相比,聖保羅州這名患者感染的A型流感病毒的表蛋白質血細胞凝集素(即H)發生了變化。

血細胞凝集素決定流感病毒感染宿主的能力。但研究人員目前還不清楚,變異後的A型流感病毒感染能力是否變得更。他們給變異後的新毒株命名為“A型/聖保羅/1454/H1N1病毒”。

有助研製和生產疫苗

聖保羅州衛生官員阿蘭達說,發現這一新毒株對於研究機構觀察A型流感流感病毒的演變十分重要,並將有助於流感疫苗的研製和生產。

巴西發現A型流感病毒變種,以及阿根廷再有2人死於A型流感,引起擔憂南美洲在進入冬季的當兒將面對流感大爆發的衝擊。

南美迄今5患者死

南美洲此前已出現5宗A型流感死亡病例,2名來自利,一名來自哥倫比亞,以及2名來自阿根廷。

智利週二再添百宗A型流感確診病例,使智利確診病例增至3125宗。

墨西哥通報109宗死亡病例及6294宗確診病例。美國週二再添一宗死亡病例至47宗,確認病例共1萬7855宗。加拿大有6宗死亡病例,3515宗確認病例。

Singapore exports drop again

SINGAPORE: Singapore's non-oil exports fell in May from a year earlier but rose from the previous month, suggesting the city-state's most important economic sector may be stabilizing.

Exports fell 12 percent in May from the same month in 2008 to 10.9 billion Singapore dollars ($7.5 billion) following a 19 percent drop in April, according to Trade and Industry Ministry figures released Wednesday.

But compared to April, exports rose a seasonally adjusted 5.6 percent.

Singapore's economy has contracted each of the last four quarters compared with the preceding quarter, including an annualized, seasonally adjusted 14.6 percent in the January-March period.

The government expects the economy to shrink as much as 9 percent this year.

Non-oil exports, which have fallen 13 straight months, were equal to about 60 percent of gross domestic product last year.

Electronic products - which account for 36 percent of non-oil exports - fell 21 percent, petrochemicals dropped 37 percent while pharmaceuticals jumped 40 percent, the ministry said.

Non-oil imports fell 20 percent in May from the same month a year earlier after dropping 27 percent in April, the ministry said.

Beijing flames protectionism with 'Buy China' project edict

HONG KONG (MarketWatch) -- China has introduced a requirement that its stimulus projects embrace a "Buy Chinese" policy, a requirement likely to raise the ire of the country's major trading partners amid mutual recriminations of protectionist trade policies.

Buyers supplying government projects can source foreign-produced supplies only if no domestic equivalents are available or if the pricing for the goods is unrealistic, according to an order issued jointly by nine government departments.

Analysts said the edict sent the wrong message for a Chinese economy that depends heavily on international trade. It also appears contradictory after Beijing protested a "Buy American" requirement that was included in Washington's rescue programs unveiled earlier this year.

"Government investment projects should buy domestically made products unless products or services cannot be obtained in reasonable commercial conditions in China," according to an Associated Press report Wednesday citing the government order.

"Projects that really need to buy imports should be approved by the relevant government departments before purchasing activity starts."

The government order was approved June 1 and reported this week by state media.

Asia shares weaken; alternative energy leads Tokyo higher

TOKYO (MarketWatch) -- Asian share markets finished mostly lower Wednesday as investors remained wary of the size of recent stock market gains, but trading ended higher in Tokyo as fresh talk about an improving economy helped rescue the market from a third day of losses.

Australia's S&P/ASX 200 closed 1.5% lower and South Korea's Kospi Composite slipped 0.6%. Hong Kong's Hang Seng Index ended 0.5% lower, Taiwan shares shed 0.4% and New Zealand's NZX-50 fell 0.3%. But China's Shanghai Composite added 1.2% led by gains in industrial stocks and Japan's Nikkei finished up 0.9%, showing some resilience after Tuesday's 2.9% tumble, which was its biggest one-day loss since March 30.

"Overall, most markets are lower and gains in Japanese ... stocks appear more related to country-specific factors," said Mitul Kotecha, head of global FX Research at Calyon.

"Japanese markets have been helped by the news that Fitch Ratings Ltd. will maintain the country's sovereign ratings at AA- despite the government dropping its goal of balancing the budget by 2011," he said.

Strength in Tokyo-traded shares also came a day after the Bank of Japan said the nation's economic conditions have "begun to stop worsening." In a monthly report issued Wednesday, the central bank said that in the coming months, the economy is "likely to show clearer evidence of leveling out over time."

"There was relentless buying last week because of all the economic signals and the new buzz word was 'green shoots,'" said RBS director David Iron in Sydney. But "people are now being a little bit more risk averse, plus you're seeing a renewed wave of capital raisings."

ABN Amro broker James Porteous in New Zealand said that "in the last two or three weeks people have been getting a bit more nervous, they are standing back again. People just don't seem to think things are that cheap."

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Indonesia's corruption court in fight for existence

AKARTA, June 17, 2009 (Reuters) — It has put central bankers and government officials behind bars and is easily Indonesia's most feared judicial body. But the corruption court, an important weapon in the fight against graft, is now under threat itself.

Politicians, some of whom have much to fear from the court, are meddling with the panel of judges and even trying to close it down completely.

That could threaten one of the more successful anti-graft campaigns in a Southeast Asian nation that year after year ranks among the world's most corrupt.

Widespread graft deters investors who otherwise might pour billions of dollars into developing Indonesia's abundant oil, gas, and mineral deposits or improving its shoddy infrastructure. That is one reason Indonesian economic growth tends to languish behind economic behemoths like China and India.

"The battle against corruption is still a long way from over, but at least the public can see it has gone in the right direction," said Emerson Yuntho of Indonesia Corruption Watch.

Set up in 2004, the court -- housed in a shabby building in central Jakarta with broken glass windows and damp, smelly courtrooms -- has a number of features that have made it far more effective in punishing the corrupt than Indonesia's regular court system has been.

One is its system of appointing three ad hoc, or outside, judges out of a total of five on the panel. These ad hoc judges are picked from outside the court system and include academics and other professionals.

In a country where the judiciary itself is rated among the most corrupt institutions, these outsiders are considered more independent.

Armed with dossiers of evidence from the Corruption Eradication Commission, or KPK, the corruption court has had a 100 percent conviction rate. The average sentence, for the 90 or so defendants who have been tried. is about four years, according to Indonesia Corruption Watch (ICW).

"We need the (corruption) court, because the public court is ineffective," said Budi Effendi, an unemployed man in Jakarta.

"But maybe we should follow China's example, recover the stolen money and sentence the corrupt to death to serve as a deterrent."

NO LONGER UNTOUCHABLE ?

Scores of senior officials, who under previous governments would have been considered virtually untouchable, have been sentenced by the corruption court including a former governor of Aceh province, Abdullah Puteh, and a leading prosecutor, Urip Tri Gunawan, who took bribes to drop a graft case involving a tycoon.

Several senior central bankers including a former governor, Burhanuddin Abdullah, were found guilty of making illegal payments from a foundation to several members of parliament in order to influence amendments to legislation.

And on Wednesday, the corruption court sentenced one of President Susilo Bambang Yudhoyono's in-laws, former central bank official Aulia Pohan, to four-and-a-half years in prison for his role in approving illegal payments to members of parliament.

Eight members of parliament have been sentenced by the corruption court, and others still await verdicts. That, many suspect, is why parliament has delayed passing the key legislation required to ensure the court continues to exist.

However, a member of parliament in charge of discussing the bill denied any deliberate move to thwart the court.

"There is absolutely no attempt from the parliament to slow down or to intentionally not finish (the legislation)," Dewi Asmara, the head of a special committee discussing the bill, told Reuters.

She said issues holding up the bill include whether to keep the current ratio of three ad hoc judges to two career judges, or whether to reverse the numbers which, many believe, would make the panel less independent.

President Yudhoyono, often known by his initials SBY, was elected in 2004 on promises to fight graft and is seeking re-election on July 8 in a campaign where his track record in tackling corruption is under scrutiny.

The Wednesday decision against his in-law could help Yudhoyono's campaign by showing a commitment to fight such crimes regardless of who is involved.

"Of course Aulia Pohan's detention, followed by a charge and a sentence, will increase SBY's reputation in fighting graft and law enforcement," said Arbi Sanit, an academic at the University of Indonesia.

Yudhoyono has said he would issue a presidential decree to ensure the court's continued existence if parliament fails to pass the legislation before October.

Without that, the prime anti-corruption agency, or KPK, would be powerless when it comes to prosecuting suspects, and the public courts would once again take over such cases.

"I suspect, like others, that this bill will not be approved by its deadline of December 19. Why? Because how could parliament do that? It's like digging their own grave," said Teguh Hariyanto, a judge at the corruption court.

"If SBY whose selling point is corruption eradication got elected again, he should at least have the guts to do something if this corruption court law is not approved," he added.

China's Hu meets Putin in Moscow

NOVO-OGARYOVO, Russia, June 17, 2009 (Reuters) — Chinese President Hu Jintao met Russian Prime Minister Vladimir Putin in Moscow on Wednesday amid a push by the two countries to increase their influence around the world.

Russian Prime Minister Vladimir Putin (R) and Chinese President Hu Jintao (2nd L) meet in the presidential residence Novo-Ogaryovo outside Moscow, June 17, 2009. REUTERS/RIA Novosti/Alexei Druzhinin/Pool


Hu came to Russia for a state visit which also included two summits of developing world countries covering global trade, security and greater representation for emerging market powers on the world stage.

Russia's Economic Development Ministry released figures showing that in the first quarter of 2009, China had become Russia's biggest trading partner, overtaking Germany and the Netherlands, Interfax reported.

At talks in Putin's residence on the outskirts of Moscow, Hu said: "We have enacted effective strategic cooperation, which allows us ... to assert our joint forces and provide the necessary contribution to achieving peace and stability in the world," according to a Russian translation of his comments.

He invited Putin to visit Beijing in October. The two leaders know each other well, having met several times when Putin was president of Russia from 2000-2008.

Hu also laid a wreath at the tomb of Russia's unknown soldier at the foot of the Kremlin walls. Hu was due to meet Russian President Dmitry Medvedev later. (Reporting by Denis Dyomkin;

( Writing by Conor Humphries; Editing by Janet Lawrence)

No new clues on causes of Air France crash

PARIS, June 17, 2009 (Reuters) — French investigators have no further clues on what caused the crash of an Air France jetliner in the Atlantic two weeks ago, the head of France's investigation agency said on Wednesday.

Debris of the missing Air France flight 447, recovered from the Atlantic Ocean, arrives at Recife's port June 14, 2009. An Air France Airbus 330 crashed into the sea on June 1 en route from Brazil to Paris, killing all 228 aboard. REUTERS/JC Imagem/Alexandre Severo


More information might be available in the coming days, Paul-Louis Arslanian told reporters, urging the public to show "a lot of patience" while the search for wreckage and bodies continued in the Atlantic Ocean.

He was speaking at a news conference on the search efforts and what investigators called "unfavorable conditions" in the remote area of ocean where the Airbus A330 crashed en route from Brazil to Paris on June 1.

The investigation agency has so far said data transmitted from the plane before it crashed indicated unreliable speed readings from the aircraft's sensors, but that it was too early to say whether this contributed to the accident.

All 228 people on board the plane died in the crash, making it the worst disaster in the history of Air France.

(Reporting by Tim Hepher; editing by Crispian Balmer)

Thousands of Mousavi supporters head for TV building

TEHRAN, June 16, 2009 (Reuters) — Thousands of supporters of Iran's defeated presidential candidate Mirhossein Mousavi marched on Tuesday toward the state television building, despite his call for them to call off a planned rally.

(Editors' note: Reuters coverage is now subject to an Iranian ban on foreign media leaving the office to report, film or take pictures in Tehran.)

Mousavi has disputed official results of Iran's election, which showed a landslide win for hardline incumbent Mahmoud Ahmadinejad, and many tens of thousands of people marched in his support on Monday.

But he urged them to call off a second rally on Tuesday after pro-Ahmadinejad supporters announced a rival demonstration.

Mousavi supporters marching on Tuesday said they planned to assemble in front of the state television IRIB building in northern Tehran. Witnesses said some supporters had already gathered close to the building, which was ringed by riot police.

Wearing wristbands and ribbons in his green campaign colors, the Mousavi supporters carried his picture and made victory signs. Unlike Monday's demonstration where marchers chanted anti-Ahmadinejad slogans, they walked largely in silence.

Some were passing on messages to others to meet again on Wednesday for a rally at Tehran's central Haft-e Tir Square.

Dozens of riot police, flanked by Basij militia forces, watched them as they passed through one major square. Near the marchers a riot police motorbike lay on the road in flames, but the demonstration appeared to be peaceful.

Earlier on Tuesday, tens of thousands of Ahmadinejad supporters gathered at the site where Mousavi supporters had planned to assemble.

(Editing by Charles Dick)

俄羅斯‧金磚四國嗆美元龍頭地位‧吁建多元貨幣體系

(俄羅斯‧葉卡捷琳堡)球4大新興經濟體週二(6月16日)共同呼吁建立一個“更元化”的全球貨幣體系。

號稱“金磚四國”(BRIC)的巴西、俄羅斯、印度與中國的領袖當天在葉卡捷琳堡舉行首次高峰會,企圖展現他們的影響力。

公報未提元問題

金磚4國領袖對美元做為國際儲備貨幣龍頭提出了警告。儘管如此,這4個新興經濟體在首份公報中並未明文提到敏感的美元問題。

東道主俄羅斯總統梅德韋傑夫讚揚這場高峰會議具有“歷史意義”,且符與會領袖期待。

公報指:“此次高峰會須為更公平的世界秩序創造條件。”

公報並稱:“擁有穩定、可預期且更多元化的貨幣體系有它的必要性。而四國領袖也“承諾將加國際金融機構改革,以反映世界經濟變化”。

胡錦濤與普汀會晤

另一方,胡錦濤今日(週三,6月17日)在莫斯科與俄羅斯總理普汀會晤中強調,中國始終重視中俄關係。

胡錦濤說:“中國一直都把與俄羅斯的關係,列在首要位置。”

他並稱:“在當前國際金融危機的情況下,中俄兩國積極地在各個領域發展關係,雙邊關係因此達到新的高度。”

他也讚揚,中俄兩國政府之間有著“非常誠實”的關係。

俄羅斯‧中國原則同意‧建立中印總理熱線

(俄羅斯‧葉卡捷琳堡)中國國家主席胡錦濤週一(6月15日)表示,中方原則同意建立中印總理熱線,調雙方應重點從5個方進一步增進中印關係。

印度在邊境部署戰機據報導,印度最近一段時間在中印邊境地區可謂是作頻繁,繼向邊境增兵6萬人後,週一又正式將4架蘇-30戰機部署到印度東北部靠近中國邊界的地區。有印度媒體稱,這是印度要將先進武器轉移至緊鄰中國邊界地區的戰略步驟。

印度總理辛格(右)和巴基斯坦總理扎爾達里(左)週二(6月16日)趁在俄羅斯參加上合組織峰會之機,舉行雙邊峰會;這也是自去年孟買發生連環恐怖襲擊事件導致兩國交惡後,雙方領導人的首次會晤。(圖:法新社)

胡錦濤週一深夜會見了一同前來出席“金磚四國”領導人首次會晤的印度總理辛格。胡錦濤表示,爭取早日妥善解決中印邊界問題。

胡錦濤指出,雙方應進一步增進中印關係,包括加強高層交往勢頭、深化經貿互利作和加強兩國防務合作。

他還稱,中方原則同意建立兩國總理熱線。

Palestine: What it's all about (Never Before Campaign)

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How the Wall Street bankers bought Congress

YOU WOULD think that causing the worst financial crisis since the Great Depression might have repercussions. You would think being a major factor in the destruction of around 40 percent of the world's wealth might get you in trouble. You would think being the cause of the worst housing crisis in history--with millions of people losing their homes because of you--might force a restructuring of how Wall Street does things.

You would think that. But you'd be wrong.

For Wall Street's lobbyists in Washington, it's business as usual. Since Barack Obama took office, the bankers have succeeded in pushing through bogus "stress tests" of financial institutions' solvency, escaping tougher government oversight, and steamrolling attempts to give home-owner borrowers a break.

Even the much-hyped limits on CEO pay are being rolled back. In mid-June, Barack Obama lifted a five-month-old limit on executive compensation at financial firms that took federal bailout money. Apparently, only $500,000 a year in salaries and other perks was just too much of a sacrifice for the financial system to bear. Instead, Obama has established a "special master of compensation," who will decide on pay to top executives at banks still reliant on government money.

While having a "special master" oversee pay might sound like a big deal, the banks aren't sweating it. "Our people kind of thought it was a non-event," one unnamed executive of a large bank told the Washington Post. "I don't think there are worries about it on Wall Street." And, the executive added, "It's not like the horrible and unethical action from Congress, where they were putting artificial caps on pay or trying to steal back bonuses."

The sense of entitlement on display in comments like these is staggering--as if the "wizards" of Wall Street deserve the billions in compensation showered upon them in the past decade for producing what has proved to be fictitious wealth, while destabilizing the economy and destroying the lives of people across the U.S.

As for legislation aimed at stemming the kinds of predatory lending practices that helped exacerbate the housing bubble and ultimately triggered the financial crisis, Senate Banking Committee Chair Christopher Dodd recently said, "We've got a lot on our plate. We've got other things to do."

Apparently, however, one of those "other things to do" was not passing "cramdown" legislation--a measure that would have enabled bankruptcy court judges to lower the principal on existing mortgages for homeowners facing foreclosure, thereby helping people to keep their homes. In that bill, defeated in early May, the Senate sided with banks over homeowners by a 51-45 margin.

Housing rights activists estimate the legislation could have staved off 1.7 million foreclosures and preserved $300 billion in home equity. Nevertheless, a dozen Democrats in Senate voted against it.

"Instead of defending ordinary Americans, the majority of the senators went with the banks," said the Center for Responsible Lending in a statement. "Yes, the same banks who have benefited so richly in the [$700 billion Troubled Asset Relief Program, or TARP] bailout."

Meanwhile, the Treasury Department was celebrating the fact that 10 banks would be paying back TARP funds--insinuating that the financial system is on stable enough ground that the government could begin backing off.

But the same day that Treasury Secretary Tim Geithner talked up the TARP repayments, TARP Oversight Panel Chair Elizabeth Warren said the so-called stress tests, conducted to determine whether the big banks were on safe financial footing, should be redone.

"The employment numbers for 2009 have already exceeded the harshest scenario considered so far, suggesting that the stress tests should be repeated," Warren's report stated.

- - - - - - - - - - - - - - - -

THERE WAS just one piece of legislation that didn't go entirely the banks' way--a bill, signed into law by Obama in May, that put some restraints on the out-of-control credit card industry,

The new law bans increases in annual percentage rate interest charges during the first 12 months after opening up an account. Consumers must get 45 days' notice of changes in rates or contracts, and 30 days' notice for account closures. The law also eliminates the notorious practice of "double billing," in which credit card issuers impose finance charges based on balances already paid.

Yet even here, industry lobbyists were able to block changes sought by industry critics. Crucially, there's still no cap on the interest rates that credit card companies can charge.

That's why John Taylor, chief executive of the National Community Reinvestment Coalition, said in a recent interview: "It's the bottom of the ninth, and it's bankers 10, consumers zero. It's like being in a street fight, and you and a few friends just went up against 100 other people, and you're just picking yourself up off the ground. And you're just bloodied."

One reason bank lobbyists have been so successful is that they have convinced Congress to take on financial issues piecemeal, rather than in a single piece of legislation. That way, the lobbyists could focus on one battle at a time.

And on each bill, they made the case that new rules would restrict credit and jack up interest rates, thereby hurting consumers. Overall, the financial industry spent $42 million in lobbying efforts in the first quarter of 2009--even as many banks were still being bailed out with taxpayer money.

By and large, this tactic has been successful. Scott Talbott, a lobbyist at the Financial Services Roundtable, admitted, "We knew we were going to be up against it. Yeah, we knew it was going to be a tough year. And so far, it has not been a tough as expected."

So despite Wall Street's greatest crisis since the 1930s, the banking system is still calling the shots in Washington. Indeed, in a rare moment of candor, Sen. Dick Durbin (D-Ill.) said: "And the banks--hard to believe in a time when we're facing a banking crisis that many of the banks created--are still the most powerful lobby on Capitol Hill. And they frankly own the place."

What's more, the same people move seamlessly back and forth between the corridors of power in finance and politics. Consider the case of Michael Paese, an ex-JP Morgan employee who became the top staffer to Rep. Barney Frank, chair of the House Financial Services Committee--which oversees Wall Street. Last September, Paese bolted to become Goldman Sachs' top lobbyist. There he replaced Mark Patterson, who, in turn, left Goldman Sachs to become chief of staff at the Treasury Department.

Goldman Sachs, remember, is the firm that was run by former Treasury Secretary Henry Paulson before he went to Washington to work in the Bush administration. And don't forget that Treasury Secretary Timothy Geithner himself is a disciple of Robert Rubin, another former Goldman Sachs executive turned treasury secretary during the Clinton administration.

Given this Wall Street-Washington circuit, it's little surprise that Barney Frank has written a piece of legislation on lending "reform" that seems tailored to Wall Street.

His proposed measure has nine consumer, housing and civil rights groups up in arms. The National Consumer Law Center, for example, says the proposed legislation would "do more harm than good"--and added in a statement, "The bill is complex, convoluted and simply will not accomplish its main goal--to fundamentally change the way mortgages are made in this country."

- - - - - - - - - - - - - - - -

JUST IN case the Wall Street/Washington revolving door isn't sufficient to get their way, the finance capitalists spread enormous amounts of money around Congress.

In the 2008 election cycle, securities and investment firms donated a whopping $154.9 million to political campaigns--$57 million more than the 2004 elections, according to OpenSecrets.org. Of that, 57 percent went to Democrats and 43 percent to Republicans. Real estate, which became deeply enmeshed with Wall Street during the housing bubble, donated another $136.7 million. The split was 49 percent Democrats and 51 percent Republicans.

Commercial banks, meanwhile, contributed $37.1 million to politicians--the most ever from that sector--with 48 percent going to Democrats and 52 percent to Republicans. Lastly, hedge funds tossed in another $16.7 million--four times as much as the sector had donated in any other election cycle. Hedge funds favored Democrats by a 65-35 percent margin. Altogether, that comes to $345.4 million.

While the numbers may have been larger than ever, Wall Street has long bought members of Congress in both parties to advance its legislative agenda. And it was a Democrat--President Bill Clinton--who signed into law two key pieces of legislation that set the stage for the current financial crisis.

The Gramm-Leach-Bliley Act, passed by a Republican Congress in 1999, repealed the Depression-era Glass-Steagall laws, which had separated risky investment banking from traditional, deposit-taking commercial banks. A year later, Congress passed the Commodity Futures Modernization Act, which kept large parts of commodities trading beyond the reach of regulators--including complex financial instruments that triggered the financial meltdown.

Today, Democrats have total control of the legislative process. But Wall Street is still getting its way, despite the bankers' shattered credibility for their role in crashing the economy. Real financial reform that provides relief to working people will come only when social movements can put enough pressure on politicians to force them act.

By Petrino DiLeo

WE LANDED ON THE MOON #2 Reflectors

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Medvedev calls for new reserve currencies

YEKATERINBURG, Russia – Russian President Dmitry Medvedev says the world needs new reserve currencies.

Medvedev told a regional summit Tuesday that the creation of new reserve currencies in addition to the dollar is needed to stabilize global finances.

Medvedev has made the proposal before. It reflects both the Kremlin's push for greater international clout and a concern shared by other countries that soaring U.S. budget deficits could spur inflation and weaken the dollar.

Airing it at a summit meeting underlined the challenge to U.S. clout.

Medvedev spoke at a summit of the Shanghai Cooperation Organization, which includes China and four Central Asian nations.

Later Tuesday he hosts a summit of the BRIC group of leading emerging economies — Brazil, Russia, India and China.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

YEKATERINBURG, Russia (AP) — Russia played regional power broker Monday, hosting China and Central Asian nations for a summit that highlights the Kremlin's efforts to maintain clout in former Soviet territory and raise its profile in Afghanistan.

Moscow is expected to use the meeting of leaders from the Shanghai Cooperation Organization to try to cement the six-nation group as a counterbalance to the U.S. presence in strategic Central Asia.

Russian President Dmitry Medvedev opened the two-day meeting by saying the group would discuss the global financial crisis as well as the key issue the organization was created to address: regional security.

"Our organization has been created quite recently, but it has scored quite serious progress," he said.

Late Monday, Medvedev had what he called a "most productive and useful" meeting with Afghan President Hamid Karzai and he promised that Russia will help Afghanistan create "an efficient political system."

"We are very thankful for the assistance that Russia has given Afghanistan," Karzai responded, "particularly over the last seven years, during this difficult period of history when we have been fighting terrorism."

At a meeting later with Pakistani President Asif Ali Zardari, Medvedev said all nations needed to work together to fight terrorism — a call he repeated after he, Zardari and Karzai held a final meeting together.

"Many issues including the most difficult challenges our nations are facing today, such as terrorism and crime, can only be fought with collective efforts," Medvedev said. "If we can create efficient workable trilateral mechanism, that will benefit our nations."

The 8-year-old Shanghai Cooperation Organization is dominated by Russia and China and includes Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, with countries such as India, Iran and Pakistan holding observer status.

Medvedev also was expected to meet with Iranian President Mahmoud Ahmadinejad. The Iranian leader postponed his arrival in this Ural Mountains city until Tuesday, according to the Iranian Embassy in Moscow, during protests in Iran over his bitterly disputed re-election.

Amid efforts by Washington and Moscow to improve strained ties, the summit will be watched for signs of stronger support from Russia and its neighbors for American-led operations in Afghanistan. That will be a signal of the depth of Russia's determination to mend fences with the United States at a time of warming relations between the two countries.

While Moscow and its neighbors have stressed solidarity with the West on the need for stability in Afghanistan, Kremlin critics say they have used their combined clout in the past to confound U.S. efforts.

In 2005, the Shanghai Cooperation Organization supported Uzbekistan's eviction of U.S. forces from a base supporting operations in Afghanistan. In February, Kyrgyzstan announced it would evict U.S. forces from their only other Central Asian base — a decision widely seen as influenced by Russia. U.S. officials have said there is still hope for a deal to keep use of the Manas base.

Karzai has appealed to Kyrgyzstan to let coalition forces continue using Manas, and the Afghan leader could meet his Kyrgyz counterpart for talks during the summit.

Kremlin foreign affairs adviser Sergei Prikhodko said Sunday that the Shanghai Cooperation Organization has seen "more transparency" from the administration of President Barack Obama on U.S. policy toward Afghanistan and Pakistan. "The niches of interaction with Western countries, including the U.S., may be widened," he said.

Russia and the Central Asian countries already have allowed the transport of non-lethal military supplies across their territory.

Prikhodko did not say what the nations might do to increase cooperation, but made it clear they want a greater say in resolving the situation in Afghanistan.

Prikhodko also said the leaders will discuss broader security issues and the global financial crisis, as well as the situation on the Korean peninsula, but that no major statement on North Korea's nuclear activity was expected.

The summit will be followed late Tuesday by the first full-fledged summit of BRIC, a group linking the emerging economies Brazil, Russia, India and China.

Medvedev may repeat Russia's call for a new global reserve currency to augment the dollar, but Russia's finance minister over the weekend suggested that the dollar would remain the currency of choice for years to come.

瑞士‧全球2天增近6000病例‧累積逾3萬宗163人死

(瑞士‧日內瓦)世衛組織週一(6月15日)公佈的數據顯示,自上週五(6月12日)以來,球A(H1N1)型流感確診病例增加了5834宗,其中國增加了4638宗,而英國增加404宗。

至今已有76個國家及地區共3萬5928人感染A型流感。死亡病例163宗。

約旦和卡塔爾淪陷

與此同時,約旦和卡塔爾成為最新淪陷的國家,兩國週二(6月14日)分別宣佈出現2宗A型流感確診病例。

約旦患者為2名從美國返國的女生,年齡分別為11和17歲。

而卡塔爾患者分別是一名2歲紐西蘭男童和一名2歲半美籍孟加拉裔男孩。

美英各增1死亡病例

另外,美國和英國也分別再增1宗死亡病例。

一名居住在明尼蘇達州中西部的美國兒童死於A型流感,使美國的A型流感死亡病例增至46宗。

英國首名A型流感死者的早產男嬰,也在週一死亡,但當局稱男嬰非死於A型流感。

阿根廷1女嬰死

同時,阿根廷週一通報首宗A型流感死亡病例,死者是一名僅3個月大的女嬰。

阿根廷週一新添89宗病例,使阿根廷的A型流感確診病例增至733宗。