London
British Prime Minister Gorden Brown proposed a Copenhagen launch fund to help poorer countries tackle climate change immediately as part of a global climate agreement to be reached in Copenhagen in December. The Prime Minister's office annouced on Friday. Brown said he was optimistic that developped countries would support the mesure of ten billion US dollars. Half of the funding would go towards helping developping countries, reduce green house gases. The other half would help developping countries to adapt to climate change, with priority for the poorest and most vulnerable. According to the Prime Minister, the British government would contribute 800 million pounds in total over three years which has already been budgeted for.
Toronto
Real gross domestic product, GDP of Canada increased 0.1% in the third quarter,the first quarterly gain since the third quarter of 2008, according to Statistis Canada on Monday. Domestic demand, including consumer spending, housing, government spending and even business investment performed better than the previous quarter. Final domestic demand advanced 1.2 percent as capital investment and personal expenditures both increased. Real GDP was up 0.4 percent in September as most major industrial sectors inreased their production according to Statistics Canada.
Dubai
Confidence of western investors across the Gulf has been shaken by the Dubai government's shock decision to ask creditor banks for a 6-month delay on its massive debt repayments on Thursday. Western investors turned to the oil-exporting Gulf region for help during the global financial crisis. But now, European stock market dropped sharply on the news, with European exchanges particularly hard hit. The US markets were closed for the Thanksgiving holiday, and the dollar edged up from 14-year lows as renewed risk aversion prompted investors to shed riskier assets. However, a Dubai's senior official said the suspensional payments on Dubai world was carefully planned and done in full knowledge of how the market would react.
Geneva
A group of demonstrators protesting against the World Trade Organisation smashed shop windows and set fire to several cars in central Geneva on Saturday, witnesses said. Police in riot gear had to intervene and tried to head off the vandalizing protesters in the city's main shopping street, leading to clashes, they said. An estimated three thousand people took part in the march which meant to protest against a WTO ministerial conference starting on Monday. The conference aims to review all the activities of the world trade body including the long-running Doha Round of global trade negociations. Anti-WTO activists have accused the body of adopting trade policies in favor of multi-national companies while neglecting the intersts of the poor. Similar protests have happened during previous WTO ministerial meetings.
United Nations
UN Secretary-General Ban Ki-Moon on Monday voiced his heart-felt condolences over the tragic loss of lives in the wake of the derailment of an express train running from Moscow to St. Petersburg in Russia on Friday, November 27, 2009, a UN statement issued here. The statement issued by his spokesperson said: At this moment of grief his thoughts go out to the victims and their families. He wishes the many injured a swift recovery and hopes that investigations currently being conducted will shed more light on the circumstances surrounding this tragic incident. A home-made chemical bomb planted on the tracks in an apparent act of terrorism derailed the high-speed train in Russia, carrying hundreds of people Friday night, killing at least 26 and injurying scores more.
Q6: Which of the following statements is true about British Prime Minister's proposal?
Q7: At what percentage did real GDP of Cananda increase in the third quarter of the year?
Q8: What did the Dubai government decide to do on Thursday?
Q9: Why did an estimated three thousand people march in central Geneve's main shopping street?
Q10: What casualties did the derailment of an express train cause in Russia?
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