"“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, February 01, 2008

Gas up takes on a new meaning

One of our American staff sends this vulgar but amusing comment on having had to pay as much as US$3.20 for unleaded regular gas.

In the UK we are now paying US$8.40 for the equivalent of a US gallon. One Imperial gallon = US$ 9.70.

Of course on both sides of the Atlantic we are both paying much the same price for gas, we just pay approx 75% of the pump price in taxes.

at 2/01/2008 09:28:00 pm

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