"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Friday, July 20, 2007

Putin kills the Ahtisaari Kosovo Independence Plan at UN Security Council - for now.

Russia's UN Ambassador Vitaly Churkin (pic) called the UN Kosovo plan a "closed chapter" as the draft resolution on Kosovo's future was withdrawn from UN Security Council debate today. He called the UN Kosovo plan a "closed chapter" ,as without using the word "veto" he explained that .."Our attitude to the [UN envoy Martti] Ahtisaari plan is known. "

"We have ensured that the negotiations continue; we have ensured that a resolution unacceptable to Russia and Belgrade was not approved," Churkin said.

"We are not delaying anything; we are preventing a solution... which in our view would have been detrimental to international law and to the stability of the Balkans."

The cosponsors of the resolution now plan to continue talks in the Contact Group on Kosovo, within which the U.K., France, Italy, Germany, the United States and Russia will meet in Vienna on July 25.

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