Wednesday, January 16, 2008
* NEWS *


EDITORIAL

The President fooled ? – Sorin Rosca Stanescu – Ziua – read here -


POLITICS


“Mugur Ciuvica, a president of the Group for Political Investigations, mentioned two days ago that the Romanian President's record had vanished. And therefore the National Archives official invited Mugur Ciuvica to pay a visit to the institution and search the documents coming from the former Central Committee of the Romanian Communist Party“.


“The Romanian PM Calin Popescu-Tariceanu demanded the President of Romania Traian Basescu by letter to appoint the Liberal defense minister Teodor Melescanu an interim minister of justice, as the government announced yesterday. The President appreciated the PM's idea and he signed the decree to appoint Teodor Melescanu, Presidency announced”.


“Sensational information unveiled by an ex intelligence officer deciphers the dialogue between terrorist Omar Hayssam and prosecutor Ciprian Nastasiu. According to clues, the mysterious 'teacher' is Ioan Talpes, formerly a chief of the SIE (Foreign Intelligence Service) and a vice PM, the man who covered the terrorist systematically”.

LATEST

World Bank: Romanian economy is vulnerable – F.B. – Ziua – read here -
“According to Hans Timmer, a main World Bank economist, the vulnerabilities of Romanian economy are greater than those of other developing countries. One reason for it, he argued, is the high current account deficit. The WB official developed upon it during the release of the "2008 Global Economic Prospects" and he related it to the US financial crisis. Timmer pointed that the current account deficit might deteriorate even more. He argued the increase of the current account deficit had effects right after the crisis had burst out in the US. The exchange rate underwent a powerful increase in Romania, whereas national currency appreciated in other states. Still he commented it was no reason to panic, but he described the situation as unsustainable”.
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