$ 300 million in contributions to the Libyan Egyptian banks

Egyptian banking official estimated the size of Libya's direct investments in banks of 1.8 billion Egyptian pounds (about $ 300 million), according to the newspaper, "the statement" the UAE.

The official pointed out that investments are distributed between the AIB bank, over which the Libyan government about 38.7 percent of $ 1.3 billion, the Bank of the Suez Canal and has the Libyan Foreign Bank to 23.9 percent worth 480 million pounds.

He stressed that contributions to the Libyan Egyptian banks are contributions involving Libya and the Libyan people as the state does not pertain to "Gaddafi" in person, and added that the contributions to the Libyan Egyptian banks on behalf of the state-owned enterprises Jamahiriya.
The Egyptian official added that the fall of the Colonel "Muammar Gaddafi" and rebel control over the majority of Libya will not affect the ownership of these institutions.

He explained that there is Libyan investment bank is directly in the International Arab Banking Corporation and the Suez Canal also by the Arab International Bank, which contributes to the Egyptian and Libyan governments and the Bank owns stakes in them.

For his part, "Abdel-Badie Al-Sadiq Mahmoudi," Assistant Managing Director of Bank of the Suez Canal, which contribute to the Libyan institutions, that contributions to the Libyan Bank does not belong to Gaddafi and his family, but are owned by the Libyan institutions.

Debt of the euro area in 2012 to 88.7% of GDP

A report on public finances of the European Commission published yesterday, the public debt in the euro zone will reach the rate of 88.7% of GDP in 2012, the year the debt will be recorded the highest levels.

In 2007, the proportion of debt 66.3% in the euro area and 59% in the entire European Union. Will be 83.3% in 2012 for the 27 states.

The report said that «the disinfection procedures (public finance), will allow adopted to halt this increase, and indicated the Member States in their stability and convergence of its plans to strengthen these procedures. In the case of States applied its plans, the debt will be stable from now until 2012 ».

If States are unable to honor its commitments, the public debt will decline from now until 2014, but with wide variation by country, so see Finland and Luxembourg to reduce their debt before that date, but Greece, Ireland or Portugal will face more difficulties.

As for the European Commission, the decline in public debt will also require a number of years in Spain and Britain, which Stmzian a long time ago to reflect the trend since the financial crisis.

It was due to present economic affairs commissioner Olli Rehn this report on public finances in the context of a press conference, but canceled at the last minute for personal reasons.

China pledges to continue to invest in Europe and contribute to balanced global growth

Prime Minister Wen Jiabao at the opening of Summer Davos Economic Forum in Dalian (Northeast China) yesterday his country would continue to invest in Europe and that "contribute more to the growth of a balanced world."
Wen also stressed the need to contain inflation, public debt in the West.
He said in his opening speech to the World Economic Forum, held annually in Davos (Switzerland) Winter In China, the summer that China "will contribute to more balanced global growth," stressing on the other hand, "and should prevent the expansion of sovereign debt."
The Chinese Prime Minister that "China will continue to increase its investments in Europe," expressing his confidence in the ability of the European economy to rise again.
Wen said "China believes that the European economy is able to promote, and will continue to increase their investments in Europe."
He said the Prime Minister's second largest economy in the world "I hope that European leaders and the leaders of most European countries to think boldly in their relationship with China from a strategic point of view."
According to Wen that China's demand, especially from the European Union status granted "market economy" which is rejected by the union so far, justified this refusal that the necessary conditions are not available in China for granted this status.
And China, which has more than three trillion dollars exchange reserves to invest part of this huge amount of the assets of the euro may have already pledged to support Greece, Spain and Portugal.
The statements made by Chinese Prime Minister prior to the meeting scheduled next week for a Brix of the major emerging countries (Brazil, Russia, India, China and South Africa) which will discuss the possibility of extending a helping hand to the European Union to lift him from drowning in the debt crisis. Under the pressure of capital markets forced Italy to be confirmed Tuesday that it did not ask for help from China by buying part of the debt, pointing out that it was negotiating with Chinese investors about possible investments in the industrial sector.He said Chinese Premier Wen Jiabao said yesterday that China will continue to tighten monetary policy to contain inflation, but also expressed caution to avoid damage to the second largest economy in the world.
Wen said in a speech at the World Economic Forum in Dalian, a coastal city in northeast China, "We will keep the general level of prices basically stable, and we will prevent a large fluctuations in economic growth."
The decline in the annual inflation rate in China to 2.6 percent in August / August from 5.6 percent in July, which was the highest level in three years.
On the other hand, Wen said that China will press ahead with structural reforms and boost domestic consumption to support economic growth in the long term.
He added that the slowdown in economic growth is the result of credit tightening steps taken by the government and was "within expectations". Wen said that the risks in the global economy did not affect the strong economic fundamentals in China, "At the moment the global economy is recovering slowly, but the instability and uncertainty are increasing."
"The unemployment rates in major economies are still high and emerging economies face increasing inflationary pressures."
"All this shows that the global economic recovery will take time and will be hard and complicated."
Wen said that some countries face increased risks in relation to sovereign debt and that the effects of turbulence in global financial markets.
Deputy Prime Minister: Beijing always trust in the euro
Said Li Keqiang, Vice Premier of China, yesterday, said that the global economy faces increasing uncertainty factors, while sovereign debt crisis is exacerbated in some countries. But my feet with the assurances that Beijing is "always" what you trust in the euro.
Li said China will raise the degree of economic coordination with Europe. Earlier, U.S. President Barack Obama eurozone countries to pursue "a coordinated fiscal policy more effective." He said Chinese Premier Wen Jiabao said Beijing is ready to help the largest trading partner, but added that the breadth of Europe to prevent the crisis.

Demonstration in front of the Embassy in Tel Aviv, Cairo to express "love" the Israelis to the Egyptians

As if they were not Igtalo our troops on the border as if we are to blame they are innocent people trying to Tel Aviv and Brod unprecedented show of its people and its government look "loving" to Egypt and "tolerant" with the incident of breaking into Egyptian protestors recently to the Israeli Embassy and through the media report published yesterday talking about "a demonstration of love" by the Israelis in front of the Egyptian embassy in Tel Aviv in the second century and half tomorrow, Friday.
Yesterday's Channel Two television Alasraúalbeh entitled "The week after the destruction in Cairo that" the number of young Israelis decided to organize a demonstration of exceptional and of a different nature is the opposite to break into the Egyptian Embassy in Tel Aviv, pointing out that the Israelis would do the transfer "love letter" to the Egyptian people, hoping to lead prayers to bring peace and brothers the Egyptians and to respond to them similarly.
Israel's Channel said that the storm of angry, which ended in tragedy storm the embassy had not Tnasseha Tel Aviv, but nevertheless decided a number of young Israelis to prevent the deterioration of relations between the two sides in a symbolic way cheerfully on their demonstration called "demonstration of love in front of the Embassy of Egypt" and have published a call on the pages of the Social Networks "Facebook".
Rally organizers wrote on the social networking site "is now easy to Israel to revolt and anger against the Egyptians after the incident Aguetahmanm to our embassy in Cairo, said that what happened to violence has no place, the Egyptian people, especially the young generation in a period of identity crisis after the revolution, these young people trying to find a place anger and unloading years of suffering. "
Israel's Channel added that "the demonstrators and directed to the Egyptians calls for peace and love to assure them that Tel Aviv does not want war with Egypt, not hate, but on the contrary, said the demonstrators that they want to live with their neighbors in amity and to act to make life in the Middle East and the world is very good," pointing to one which call to the demonstration against the Egyptian embassy student in the 23-year-old tanker with him: I think that a new generation grew up in Egypt, a generation more intelligent than its predecessors a generation did not know the wars with Israel that it is better to live in peace next to each other, "
Young Israeli added to the channel: "Despite the belief of many in Israel, said the demonstration planned step is not the process will not lead to anything, although it will be the demonstration and will participate by musicians and singers are singing songs under the Egyptian embassy also will carry the demonstrators carried banners emphasize the love between the two peoples persists and the Israeli and the on Friday in the 12:30 pm "he said, adding that many of us say naïve, but I think if we did not dream of what we can achieve the dream"
On the same tone chief guard the Israeli embassy in Egypt, which was being held inside during storm in remarks to the site and not the Israeli: "Despite the severity of the experience to storm the embassy but I do not hold any bitterness in my heart towards the Egyptian people understand the good people and I love them I do not know how things like this happen, I want to keep the peace with Cairo "
In the context of a separate Channel Two said that, despite attempts by the U.S. Embassy in Cairo release Ilan Ejrebl Mossad spy arrested in Cairo, the Egyptian judiciary to extend the period of imprisonment of 45 days also rejecting American demands for his release for fear of peer-to ensure that use it and escape from Egypt, I would like Tsiqi friend Ejrebl told the channel: It seems that there is no judicial system in Egypt these days I know from sources with the Ministry of Foreign Affairs that the Egyptians turned the issue of espionage Ejrebl to a criminal case accusing him of participating in illegal demonstrations and criminal matters in which the authorities do not intervene. "

How To Make Money In Your Spare Time

Someone who has talent in any area, including graphic or web design, information processing, administration, programming, writing, proofreading, promotion, & plenty of other careers, can discover a job online through a freelance web-site. There's hundreds of freelance sites that connect freelance professionals with people looking for those professionals. In the event you have any skills, go online & look for sites that their business is to provide a worldwide marketplace that helps employers hire, manage & pay freelancers & others to be connected with any number of freelance jobs that can earn money basically from home.

There are plenty of people around the globe who are looking for ways to make money & supplement their income. There's plenty of things that you can do to make money in your spare time, most of which are simple to do. They basically need that you have a PayPal account, an electronic mail address & an Web connection, & you can start today to make money online in your spare time.

For those who have plenty of time & an opinion, surveys are ideal for you. Plenty of promotion research companies will run surveys & conduct research in to the opinions of people of all ages, income brackets, & locations around the globe. Wherever you are, you can basically sign up for these survey sites & make money online. All you need to do is input your personal information & complete your profile, & you will start receiving surveys in your electronic mail. Fill out the surveys to make money, & let your view be heard.

For those with talent for writing specifically, it is simple to make money online. Plenty of sites are looking for articles that promote their web-site or help in promotion their product, & will outsource these articles & weblog posts to different writers on the net. There's plenty of sites online where you can sign up for a job, such as Need-an-Article, & plenty of more.

You can also sell stuff from around your house online, using eBay, Amazon, or Craigslist as promotion venues for your product. You can collect stuff from around your house, garage, attic, & basement, or you can get stuff from your relatives & friends to sell. You can also find items that you can purchase cheaply & sell for a first rate profit online.Who says it is hard to earn money on the net?

You can start your own online business from home, & you can basically make money promotion your products on an online site or weblog. Basically generate an online site or weblog for the items that you are trying to sell online, & start letting your relatives & friends know. You can post the world wide web-site link on your Facebook account, & you can post a video letting people know on YouTube. Promotion your online business is important, but it can be simple to do.

In the event you can generate sites basically, you can design, build & sell web pages to companies or individuals. Plenty of people are looking for an affordable web-site for their product, & doing this web-site turnover business is a great way to make money doing something you love.