"“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

Thursday, August 16, 2007

Small Earthquake in Peru - No Britons killed.

Actually a massive 7.9 on the Richter scale reports the U.S. Geological Survey (Spanish) at 6:40 p.m. (7:40 p.m. EDT - 23.40 UTC) off the coast 90 miles SE of Lima at a depth of 25 miles with 4 aftershocks 5.4 - 5.9 magnitude. 29 fatalities reported (so far). The USG site is well worth looking at for history of sesmicity in area etc.,

You can wait a life time for a headline like that.

By 7.00 pm today GMT fatalities are said to exceed 1,000 and rising.

at 8/16/2007 06:36:00 am

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