The OBAMA's incapable,corrupted ,incompetent Harvard graduates team has led to
this humiliation.
Germany warns US on market bubbles
By Ralph Atkins in Frankfurt
Published: November 20 2009 19:48 | Last updated: November 20 2009
19:48
Germany’s new finance minister has echoed Chinese
warnings about the growing threat of fresh global asset price bubbles,
fuelled by low
US interest rates and a weak dollar.
Wolfgang Schäuble’s comments highlight official concern in Europe that the
risk of further financial market turbulence has been exacerbated by the
exceptional steps taken by central banks and governments to
combat the crisis.
10
UN RESOLUTIONS,(1979-1988) VOTED BY 116 UN MEMBER COUNTRIES ,CALL
VIETNAM TO CEASE HER OCCUPATION OF CAMBODIA & REMOVE ALL HER TROOPS
FROM THE COUNTRY, ARE NOT RESPECTED AS OF TODAY.
President Reagan's address to the 43d Session of the United Nations General
Assembly in New York, New York,September 26, 1988.
"Mr.
Secretary-General, there are new hopes for Cambodia, a nation whose
freedom and independence we seek just as avidly as we sought the
freedom and independence of Afghanistan. We urge the rapid removal of all
Vietnamese troops ...."
As
of today,Cambodia is still occupied by the Vietnamese troops despite
the call from the US president to Vietnam to cease her occupation of
Cambodia since 1988.
Cambodia needs Independence from Vietnam and the Vietnamese invaders.
Vietnam must cease her occupation of Cambodia at once.
Last weekend, Liu Mingkang, China’s banking regulator, criticised the US
Federal Reserve for fuelling the “dollar
carry-trade”, in which investors borrow dollars at ultra-low interest rates
and invest in higher-yielding assets abroad.
Speaking at a banking conference in Frankfurt on Friday, Mr Schäuble said it
would be “naive” to assume the next asset price bubble would take the same
guise
as the last.
He said: “More likely today is a scenario in which excess liquidity globally
creates a new [sort of] asset market bubble.”
He added: “That low interest rate currencies such as the US dollar are
increasingly being used as a basis for currency carry trades should give pause
for thought. If there was a sudden reversal in this business, markets would be
threatened with enormous turbulence, including in foreign exchange markets.”
Mr Schäuble, a political veteran, took over the German finance ministry after
Angela
Merkel began her second term as chancellor last month.
Interactive
chart showing the dollar in the context of current market
trends
His comments reflect the concern of European policymakers that the continent
will bear the brunt of a global adjustment process through a stronger
euro.
Further signs of official frustration about policy steps being taken
elsewhere came from Lorenzo Bini Smaghi, a European Central Bank executive.
He said in a speech in Paris on Friday that emerging Asian economies were
continuing “strongly accommodative monetary policies” in spite of their faster
economic recoveries.
Although Mr Bini Smaghi did not mention the euro or the eurozone, he warned
that delays in implementing an “exit [strategy] by the countries that are ahead
in the cyclical upturn creates distortions and encourages other countries to
delay their exit, thus further adding to the imbalances and making the exit
more
difficult for everybody”.
Separately, Jean-Claude Trichet, ECB president, issued his strongest warning
yet that banks must control pay and bonuses.
Striking a noticeably stiffer tone, Mr Trichet told the Frankfurt conference:
“Profits earned should be used, as a priority, to build capital and reserves,
rather than be paid out as dividends or excessive compensation.”
The ECB president quoted a warning by Johann Wolfgang von Goethe, Frankfurt’s
most famous son, on the need for self-restraint: “If I wanted to lavishly let
myself go, I could well destroy myself and my environment.”
Mr Trichet said: “Compensation and bonuses must remain contained. Otherwise,
we would take risks that Goethe [has] already described.”
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Financial Times Limited 2009. You may share using our article tools. Please
don't cut articles from FT.com and redistribute by email or post to the web
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On April 28, 1984, Deng Xiaoping, Chairman of the Advisory Committee of the
Central Committee of the Communist Party of China, meets U.S. President Ronald
Reagan in the Great Hall of the People in Beijing. (Photo: fmprc.gov.cn)
Photo Gallery>>>
President Reagan's address to the 43d Session of the United Nations General
Assembly in New York, New York . September 26, 1988.
"Mr. Secretary-General, there are new hopes for Cambodia, a nation whose
freedom and independence we seek just as avidly as we sought the freedom and
independence of Afghanistan. We urge the rapid removal of all Vietnamese troops
...."
Obama welcomes China as a "strong, prosperous and successful" nation
FOR OBAMA HE CONTINUES TO SUPPORT THE VIETNAMESE OCCUPATION OF CAMBODIA ,WHILE
HIS PREDECESSOR ,PRESIDENT REAGAN OPPOSED IT . IT'S A SHAME .
www.chinaview.cn 2009-11-16 13:45:17
Print
U.S. President Barack Obama gestures as he delivers a speech at a dialogue with
Chinese youth at the Shanghai Science and Technology Museum during his four-day
state visit to China, Nov. 16, 2009. (Xinhua/Chen Fei)
Photo Gallery>>>
OBAMA CONTINUES TO SUPPORT THE VIETNAMESE OCCUPATION OF CAMBODIA AGAINST THE UN
CHARTERThe Sihanouk-Hun Sen Meeting April 1987 allowed Vietnam occupation to
continue 1979-2009.
Thursday, March 19, 2009Hun Sen reveals secret during the search for peace
[-Hun Sen and Sihanouk share a lot of secrets: Hun
President Reagan's address to the 43d Session of the United Nations General
Assembly in New York, New York,September 26, 1988.
"Mr. Secretary-General, there are new hopes for Cambodia, a nation whose
freedom and independence we seek just as avidly as we sought the freedom and
independence of Afghanistan. We urge the rapid removal of all Vietnamese troops
...."
Sen]
WHO RUNS THE POLICE AND INTERPOL IN CAMBODIA.
LIKE THIS MAN .
WHAT RIGHTS DO THESE VIETNAMESE INVADERS HAVE TO RUN CAMBODIA IN VIOLATION OF
THE 10 UN RESOLUTION?
THE VIETNAMESE TRICKS IN CAMBODIA OCCUPIED BY VIETNAM.THIS VIETNAMESE WEARING
THE LABEL "CAMBODIAN"
Khieu Kanharith,(A VIETNAMESE ) the minister of Information, during a press
conference held on 04 January 2009. KHIEU KANHARITH , A VIETNAMESE WEARING THE
LABEL"CAMBODIAN"
HOR NAM HONG , A VIETNAMESE ,APPOINTED AS FOREIGN MINISTER OF CAMBODIA TO
NEGOTIATE AND TALK ON BEHALF OF THE KHMER PEOPLE HERE.
IT'S SIMPLE. LOOK AND READ HERE THE FACTS.
FOR CAMBODIA Strong Resolution on Cambodia Human Rights Abuses
Feb. 27, 1982 : UN Commission on Human Rights meeting in Geneva adopted a
resolution condemning Vietnam’s occupation of Cambodia as a violation of
Cambodian human rights. The vote was 28 in favor, 8 against, and 5 abstentions.
Oct. 21, 1986 The UN General Assembly adopted a resolution A/RES/41/6, by vote
of 116-21 with 13 abstentions, calling for a withdrawal of Vietnamese forces
from Cambodia.
10 UN RESOLUTIONS,(1979-1988) VOTED BY 116 UN MEMBER COUNTRIES ,CALL VIETNAM TO
CEASE HER OCCUPATION OF CAMBODIA & REMOVE ALL HER TROOPS FROM THE COUNTRY, ARE
NOT RESPECTED AS OF TODAY.
President Reagan's address to the 43d Session of the United Nations General
Assembly in New York, New York,September 26, 1988.
"Mr. Secretary-General, there are new hopes for Cambodia, a nation whose
freedom and independence we seek just as avidly as we sought the freedom and
independence of Afghanistan. We urge the rapid removal of all Vietnamese troops
...."
As of today,Cambodia is still occupied by the Vietnamese troops despite the
call from the US president to Vietnam to cease her occupation of Cambodia since
1988.
Cambodia needs Independence from Vietnam and the Vietnamese invaders.
Vietnam must cease her occupation of Cambodia at once.
THE MOMENT , KING SIHAMONI STOPS COLLABORATING WITH THE CAMBODIAN ENEMIES(THE
VIETNAMESE OCCUPIERS) ALL KHMER COULD FIND INSTANTLY PEACE & JUSTICE.
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