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Fears spread through world markets over Dubai debt

Saturday, 28 November 2009 08:57 Taipei Times

Investors recoiled from risky assets yesterday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis.

Stocks from Tokyo to Mumbai were haunted by suspicion of lenders’ exposure to Dubai firms that built islands in the Gulf, planned cities from Pakistan to Africa and fashioned the financial hub of the world’s biggest oil exporting region.

Taiwan Thinktank urges FTAs before China ECFA

Friday, 27 November 2009 06:57 Taipei Times

The Taiwan Thinktank yesterday urged the government to postpone the implementation of an economic cooperation framework agreement (ECFA) it wants to sign with Beijing until Taiwan signs free trade agreements (FTAs) with the US or Japan and they go into effect.

Taiwan Thinktank chairman Chen Po-chih (陳博志) said Taiwan would be better off if the ECFA were not signed, but if it is signed, it would be better to wait until after Taipei inks FTAs with Washington or Tokyo and they become effective.

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228 Tâi-uân-sîn

We're 228 Followers

2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

2014-02-28 228 Tâi-uân-sîn(Taiwan gods) Thanksgiving Blessing Assembly and Trong R. Chai Tâi-uân-sîn Thanksgiving Praying Ceremony

2013-08-18 Holy Mountain Holiness Birthday and Tâi-uân-sîn Lin Mao-sheng Statue's Placement Ceremony

2013-02-28 228 Tâi-uân-sîn Thanksgiving Prayer Assembly - Realized the Determination of Founding Taiwan State with Democratic Power

228 Memorial and Bian Casters Gathering on Feb. 28th, 2010

Newsflash

The effectiveness of the government’s policy of cross-strait detente was thrown into doubt again yesterday after a Chinese delegate to the UN Framework Convention on Climate Change (UNFCCC) in Copenhagen on Thursday opposed Taiwan’s bid for entry to the group.

A Central News Agency report said that after nine of Taiwan’s allies, including Kiribati, Palau, Gambia, Swaziland, Sao Tome and Principe, Burkina Faso, St Lucia, St Christopher and Nevis and Nicaragua, had spoken in favor of Taiwan’s bid for inclusion in the global response to climate change, a member of the Chinese delegation cited the “one China” principle and said the initiatives in favor of Taiwan’s bid to join as an observer had “hurt the feelings of the 1.3 billion Chinese people.”