"“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

Wednesday, April 02, 2008

Typhoon Tranche 1 final deliveries made - contract decisions loom for Tranche 3


The four-nation Eurofighter consortium has delivered its last of 148 Typhoons from a Tranche 1 production order from Germany, Italy, Spain and the UK.

Deliveries of 236 Tranche 2 aircraft will commence in mid-2008, with 38 of these now in final assembly at four sites across the partner nations. Saudi Arabia will also receive the first of 72 Tranche 2 Typhoons next year under its Project Salam deal with the UK government which was threatened by the huge US$1 Bn. BAE bribery scandal covered up at the insistence of Tony Blair.

There is a combined commitment to buy 620 Typhoons by the 4 launch nations , plus 90 options, although Italy and the UK are believed to be seeking to reduce their planned purchases from the final production standard.Contract signature for Tranche 3 is now due.

More than 34,000 flight hours have been logged to date over half by the UK Royal Air Force - the first joint exercise with the type was held recently at Spain's MorĂ³n air base near Seville.

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish