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Posts Tagged ‘record’

Japan to approve record budget: reports

In Uncategorized on December 24, 2010 at 5:56 am

 The cabinet of Japanese Prime Minister Naoto Kan is on Friday expected to approve a record budget of 92.40 trillion yen (1.11 trillion dollars) for fiscal 2011, according to local media reports.

The cabinet of Japanese Prime Minister Naoto Kan (pictured) is on Friday expected to approve a record budget of 92.40 trillion yen (1.11 trillion US dollars) for fiscal 2011, according to local media reports

The budget is expected to be slightly larger than the initial budget for 2010, which stood at 92.30 trillion yen, Jiji Press and Kyodo News said.

The budget will include more than 44 trillion yen from issuing new government bonds, a second straight year that bonds have exceeded tax revenue as a source of income, the reports said.

The draft budget, which covers the financial year starting in April, was expected to be approved at a special cabinet meeting later on Friday.

Kan took office in June promising to slash spending and work towards cutting Japan’s massive public debt, which accounts for nearly 200 percent of gross domestic product, but the state of the economy has complicated his task.

Source: SGGP

6kg baby sets birth weight record in Tien Giang

In Uncategorized on December 21, 2010 at 9:29 am

Doctor Dang Van Phuc, deputy director of the Go Cong Town General Hospital, the Mekong province of Tien Giang, said a woman gave birth to a 6kg-baby girl who is the heaviest weight ever recorded at the hospital on December 17.

This happened after a 20-minute surgery, which was successfully performed by Doctor Dang Van Phuc.

In 2006, Mother Tran Thi Phuong, 29, bore a son who weighed in at 4.2kg.

The newly born baby and the mother are healthy, said the doctor, and they will be staying at the hospital for observation for next four to five days. This is only precautionary measure, said the doctor, due to the weight of the child.

Source: SGGP

GM launches record share sale

In Uncategorized on November 18, 2010 at 6:26 am

Gold sets record high amid economic fears

In Uncategorized on November 9, 2010 at 4:51 am

Record high tide to cause flood in city

In Uncategorized on October 25, 2010 at 1:35 pm

According to the Southern Regional Hydro Meteorological Center, the flood tide in HCM City will reach a peak of 1.5m at the Phu An Station on Saigon River around 7pm on October 25.

The flood tide doubled with heavy rain brought by Typhoon Megi will cause havoc in many inner-city and suburban areas. A series of dykes in in Binh Thanh, Thu Duc, Go Vap, Hoc Mon, Cu Chi and District 12 is at risk of damage. So many streets will be submerged by water.

The HCMC Steering Committee for Flood and Storm Control ordered local authorities to check dykes along river and canal banks.

A high flood tide and heavy rain have caused flooding in many areas in the Mekong Delta city of Can Tho.

The National Hydrometeorological Forecast Center said that a cold air mass coming from southern China has entered the northern region. Temperature decreases by about 5-7oC, average temperature is 17-24oC. The weather becomes so cold.

The central and southern central regions will see warm sunshine in the beginning of this week and heavy rain at the weekend.

Source: SGGP

Shanghai Expo breaks visitor record: organisers

In Uncategorized on October 16, 2010 at 2:24 pm

The number of visitors to Shanghai’s World Expo has surpassed a previous record of 64 million, organisers said Saturday, as the six-month event entered its final two weeks.

Vietnam pavilion at the Shanghai’s World Expo

The world’s fair in China’s eastern financial hub Saturday passed the 64.22 million visitor mark set by the 1970 Osaka World Expo, organisers said on their website. Most visitors have been Chinese.

However it appeared a spurt in arrivals would be needed before the Expo ends on October 31 to reach its target of 70 million visitors.

The exhibition of culture, ideas and technology from 189 countries and dozens of companies — the largest Expo ever — has been viewed as a showcase of China’s political and economic clout and organisational abilities.


Source: SGGP

Germany posts record growth in second quarter

In Uncategorized on August 13, 2010 at 11:22 am

FRANKFURT (AFP) – Germany posted its best quarterly growth since reunification in 1990 on Friday, with one economist saying it was “in a league of its own” as other leading nations showed signs of slowing down.

The German economy, Europe’s biggest, thundered ahead at a rate of 2.2 percent in the second quarter from the previous three-month period, and 4.1 percent from the second quarter of 2009, the national statistics office said.

(AFP file) Construction cranes work in Berlin, 2007.

“The recovery of the German economy, which lost momentum at the turn of 2009/2010, is really back on track,” the Destatis office said. “Such quarter-on-quarter growth has never been recorded before in reunified Germany.”

Elsewhere, major economies in North America and Asia are showing signs of slowing down while the 16-nation eurozone might see better than expected figures in the third quarter too.

ING senior economist Carsten Brzeski said Germany was “playing in a league of its own.”

Destatis also revised the first quarter growth figure higher to 0.5 percent from an initial estimation of 0.2 percent, the rate seen at the end of 2009.

After suffering its worst post-war recession in 2009, “we are now experiencing XL growth,” Economy Minister Rainer Bruederle said.

Analysts polled by Dow Jones Newswires had forecast a second-quarter rise of 1.4 percent and an annualised gain of 2.6 percent.

The record figure is especially notable as fears grow that the United States and now China, the Asian powerhouse, are showing distinct signs of slowing, raising questions about the overall global recovery.

But while Germany normally relies on exports to underpin growth — it is the second biggest exporter worldwide after China — “household and government final consumption expenditure contributed to GDP growth, too,” Destatis said.

“Structurally in a much better shape than many other industrialized countries, it was just a matter of time before the German economy would pick up further speed,” Brzeski said.

UniCredit counterpart Alexander Koch said Germany had “put the pedal to the metal” in the second quarter, and added that “the massive rebound in the spring GDP figures impressively confirms the revival of the German business model.”

Barclays Capital senior economist Julian Callow said the latest figures put Germany “on track to grow around three percent or even slightly more for this calendar year, significantly stronger than our prior estimate.”

For the full eurozone, European Central Bank president Jean-Claude Trichet said last week: “We consider that both the second quarter and probably the third quarter are likely to be better than we had anticipated.”

Source: SGGP

Russia forest fires spread in record heatwave

In Uncategorized on August 2, 2010 at 11:20 am

Russian firefighters battled the flames of spreading forest fires that have already killed 34 people and devastated villages, but officials claimed some success in controlling the disaster.

The emergency situations ministry said it deployed hundreds of thousands of workers to fight the blazes, along with 2,000 members of the armed forces, as the situation worsened early Sunday due to temperatures hitting 40 degrees Celsius (104 degrees Fahrenheit) and strong winds.

More than 5,000 people have been evacuated from their homes, the ministry said.

But later in the day, ministry spokeswoman Irina Andrianova announced that the situation had “improved considerably” in the last few hours.

“During the day today, fires flared up at 320 sites, and 210 have been put out,” she said on Rossia 24 television.

 A Russian man watches forest fires burn in Beloomut late on August 1, 2010.

She also said the total area engulfed by the wildfires had been reduced by 7,000 hectares to about 128,000 hectares (316,000 acres).

Still, with blistering temperatures forecast over the next few days as the country faces one of its worst heatwaves, the ministry has warned of an “extreme risk” of more forest fires.

Two more bodies were discovered Sunday in a burnt-out village in the Nizhny Novgorod region, the emergency ministry’s regional branch said, raising the official death toll to 30.

In the Voronezh region, one of those worst-hit, almost 600 people have been left homeless, Russian television reported, showing residents evacuated to a hotel and volunteers bringing bags of clothes.

“There has never been a fire like this,” fireman Maxim Korolyov told AFP in the village of Maslovka, where all but five of the 150 houses burnt down on Friday. “It’s the first time I have had to fight a fire of this size.

Elderly resident Vera Sakharova complained that firefighters had come too late. “We did not have any help,” she told AFP. “We had to do everything ourselves.”

Sceptical of promises of state help, Sakharova predicted: “They have given us nothing, and they won’t give us anything.”

“I don’t know what we are going to do after this,” she added.

At least 1,875 houses have been destroyed in fires, leaving more than 2,000 people homeless, the regional development ministry said Sunday.

Prime Minister Vladimir Putin promised on television on Saturday that all the houses would be rebuilt by October, after allocating five billion rubles (165 million dollars).

The strongman leader on Friday visited a village in the worst affected Nizhny Novgorod region. In a televised encounter, tearful residents confronted Putin, who promised to rebuild their homes and embraced one of the women.

However, a video posted on YouTube showed Putin being heckled by a crowd of shouting residents.

“You aren’t doing anything, everything is burning,” one woman can be heard shouting in the footage, which has been viewed more than 30,000 times but was not shown on state television.

“Our administration is working very badly, it needs to be convicted,” another woman shouts, as Putin is shown turning and walking away.

On Saturday Putin admitted the situation was “extremely tense” and berated officials for their tardy response, saying: “Not everything was done in a timely way, but now is not the time to squabble.”

Putin is set to meet with the governors of the affected regions in Moscow on Monday.

Russian President Dmitry Medvedev, speaking from Sochi on Saturday, called the situation a “natural disaster of the kind that probably only happens every 30 or 40 years.”

Medvedev did not visit the scene, but is in constant contact with regional governors, his press service told the ITAR-TASS news agency on Sunday.

Patriarch Kirill, the head of the Russian Orthodox Church, on Sunday held a service in the Nizhny Novgorod region and called for believers to pray for rain, the RIA Novosti news agency reported.

Source: SGGP

US casualties in Afghanistan soar to record highs

In Uncategorized on July 31, 2010 at 11:19 am

 In a summer of suffering, America’s military death toll in Afghanistan is rising, with back-to-back record months for U.S. losses in the grinding conflict. All signs point to more bloodshed in the months ahead, straining the already shaky international support for the war.

Six more Americans were reported killed in fighting in the south — three Thursday and three Friday — pushing the U.S. death toll for July to a record 66 and surpassing June as the deadliest month for U.S. forces in the nearly nine-year war.

U.S. officials confirmed the latest American deaths Friday but gave no further details. Five of the latest reported deaths were a result of hidden bombs — the insurgents’ weapon of choice — and the sixth to an armed attack, NATO said in statements.

U.S. commanders say American casualties are mounting because more troops are fighting — and the Taliban are stiffening resistance as NATO and Afghan forces challenge the insurgents in areas they can’t afford to give up without a fight.

“Recent months in Afghanistan have … seen tough fighting and tough casualties. This was expected,” the top U.S. and NATO commander, Gen. David Petraeus, said at his Senate confirmation hearing last month. “My sense is that the tough fighting will continue; indeed, it may get more intense in the next few months.”

That forecast is proving grimly accurate.

The month has brought a sharp increase in the tragic images of war — medics frantically seeking to stop the bleeding of a soldier who lost his leg in a bombing, fearful comrades huddled around a wounded trooper fighting for his life, the solemn scenes at Dover Air Force Bare in Delaware when shattered relatives come to receive the bodies of their loved ones.

After a dip in American deaths last spring following the February capture of the southern town of Marjah, U.S. fatalities have been rising — from 19 in April to 34 in May to 60 in June. Last month’s deaths for the entire NATO-led force reached a record 104, including the 60 Americans. This month’s coalition death count stands at 89, including the 66 Americans.


Some U.S. military officers speculated that the spring drop in fatalities was due in part to the fact that many Taliban fighters in the south — the main focus of NATO operations — were busy harvesting the annual opium poppy crop, a major source of funding for the insurgents.

As the harvest ended and the pace of battle accelerated, more American troops were streaming into the country as part of President Barack Obama’s decision last December to dispatch 30,000 reinforcements in a bid to turn back a resurgent Taliban.

American troop strength stands at about 95,000, and by the end of August the figure is expected to swell to 100,000 — three times the number in early 2009. Commanders say more boots on the ground inevitably means more casualties.

With the additional troops, U.S. commanders have been stepping up the fight against the insurgents in their longtime strongholds such as the Arghandab Valley, Panjwaii and Zhari — all on the outskirts of Kandahar city, the biggest urban area in the ethnic Pashtun south.

Much of the fighting in those areas involves brief but intense exchanges of fire. NATO and Afghan patrols also must maneuver through fields often littered with homemade bombs, which have become the biggest killer of pro-government forces.

The Islamic holy month of Ramadan, which begins around Aug. 11, may provide some respite in the bloodletting because Taliban fighters and Afghan government forces will be fasting, although some commanders believe the insurgents will keep up the pace in areas where the coalition is trying to step up their own operations.

Fighting around Kandahar is part of a NATO strategy to secure the city, the Taliban’s spiritual birthplace where support for the insurgency runs deep. U.S. commanders have described Kandahar city as the key to controlling the Taliban’s southern heartland because of the city’s symbolic links to the insurgency.

As the U.S. and its allies step up pressure around Kandahar, Taliban resistance has also intensified in Helmand province to the west and in Zabul province to the east. Those three provinces account for roughly 70 percent of the U.S. deaths this month.

“We are going into places that have been significant support bases for the Taliban for the past several years, and they’re going to fight hard for those,” Lt. Gen. David Rodriguez, who directs day-to-day operations, said this month. “And that’s why we expect the casualties to go up.”

The rise in casualties is likely to erode support for the war in Washington and the capitals of the 45 other countries that provide troops — especially if NATO commanders are unable to show progress in curbing the Taliban. The Dutch are due to remove the last of their 1,600-member force at the end of this month, and Canada plans to remove its 2,700 troops next year.

Obama has promised to begin withdrawing U.S. troops in July next year with the pace to be determined by conditions on the ground.

At the same time, there are signs that Afghan patience with the presence of thousands of foreign troops is running thin.

In the capital, Kabul, police fired weapons into the air Friday to disperse a crowd of angry Afghans who shouted “Death to America!”, hurled stones and set fire to two vehicles after an SUV, driven by U.S. contract employees, was involved in a traffic accident that killed four Afghans, according to the capital’s criminal investigations chief, Abdul Ghaafar Sayedzada.

The contractor, DynCorp International, confirmed that its employees, working on a program sponsored by the U.S. Department of State, were involved in an accident on the main road to the Kabul airport. In a statement, DynCorp said that when its employees got out of their vehicle, they and other DynCorp employees, who arrived at the scene to help, were attacked by the crowd, which burned their vehicles.

NATO and US soldiers are seen standing guard in Kabul

“Our condolences go out to the families of those who were killed or injured,” DynCorp said. “An investigation is under way.”

People at the scene claimed foreigners fired shots, killing and wounding Afghan civilians. DynCorp said the contractors fired no shots and that Afghan police helped move the contractors to safety away from the crowd. Hospital officials said the deaths and injuries were caused by the traffic accident.

Ahmad Jawid, who also was at the scene, asked: “Are we not Muslims? Are we not from Afghanistan? Infidels are here and they are ruling us. Why?”

Source: SGGP

Trade deficit at a record low

In Uncategorized on July 15, 2010 at 8:59 am

Trade deficit at a record low

QĐND – Monday, July 12, 2010, 20:53 (GMT+7)

June saw trade deficit to a record low of dropping approximately US$742 million, down 14.7 percent from the previous month, according to the latest customs figures.

The country’s total import-export turnover was estimated at US$13.38 billion (exports worth US$6.32 billion and imports US$7.06 billion). In comparison to May, export earnings increased slightly but imports decreased by 1.7 percent.

In the first six months of this year, the export turnover hit US$32.47 billion, up 17 percent compared to the same period last year, and accounting for 53.2 percent of the yearly plan. In the same period, the import turnover reached US$38.76 billion, up 29.1 percent against last year and making up 52.4 percent of the yearly plan.

As a result, the trade deficit in the first half of 2010 stayed at US$6.29 billion, equal to 19.4 percent of the total export turnover and even lower than the target set by the National Assembly.

Source: VOV

Source: QDND