Oi?

Oi? As much as I’m don’t want to let others to put me down, - I have to follow my dreams. I’m now referring to the ‘good start’ on “ship” of Belgium Presidency. (“… On the deck of a ship, a navigator plots his course”. Between us, I will just call him ‘Rompuy - pompi’. If you read about chinoca-Gazprom’s Congo-Belgic ‘African Question’). Even if I’m told how much I could do (if I stick around for more 15 years), - I know, sticking around isn’t what’s going to fix anything. The dream was of me in colyba? (The type of Alp’s chalet). I’m changing, and changing, and changing them frequently, passing from one to another. Like the nation… make with me the first decade, and the Almohads having results now (see the shrinking ‘invention of lucky politicians’ of козло…) In this one, with bare walls, I see only the plate with rusted cocked rice (I explained before, rice in portuguese ‘roz’, - i.e. морды). And I’m observing how the local aborigine having “relations” with the ‘poor Jo’ behind my back. Doing ‘theirs’ hush-hush business since the Anglo-Iranian Oil Company… This entire dream is commented by the reddish female through ukrainian language. Catch my cliff? (That sranaia of arabs churka Valia, judging by her national costume)… Putting the pictures of these (i.e. “fuerza” of NATO), - from Arcelor’s ‘Rompuy - pompi’ , you’ll see what I mean. For the several reasons. Well, maybe I don’t feel like to be diplomatic, or being flexible, or, just being in my communications worst days. The true is this, even if you’d like that I clean the future shit, independently, - you still be: 1)not in my team; 2) too ‘a little recommended; 3) stupid machines; 4) too much english speaking romantics; 5) pederasts;

Government refers to a merger with PT Oi. 05/07/10 00:09. Vieira da Silva, Minister of Economy, says that Government has nothing to do with a possible merger between PT and Oi, one possible solution for some investors.After using the 'golden share' to halt the sale of its stake in Portugal Telecom (PT) in Vivo to Spain's Telefonica, the government refers to the shareholders the decision on a possible merger with the also Brazilian Oi, as reported the Daily Economic issue on Saturday. "I have the same knowledge that all the Portuguese, is a story that appeared in newspapers, (Who win the Poland elections, for example. VAG) but it is a responsibility that rests solely in terms of decision and development to the company and its leaders," said Vieira da Silva, Minister of Economy, cited by TSF. The officer was responding well to headline Saturday's Economic Daily, which stated that investors would be the reference operator to consider a merger with the operator Hi, thereby circumventing the veto of the proposal by Telefónica participation of PT in Vivo.
The Spanish offered 7150 million by about 33% that the PT has the largest mobile operator deal approved in general meeting, with 73.9% of shareholders in favor but with the state to use the "golden share 'to veto the sale. Moreover, the Brazilian newspaper O Globo that advances Jose Socrates has informed the Brazilian president Lula da Silva that would veto the deal. To circumvent this block, some shareholders of reference are to consider a merger with Oi, which would lead to a major 'player' Lusophone world, which probably would get the green light from the Government to complete the sale of Vivo, a Since the country's strategic interests could be safeguarded in this way. Another hypothesis, reported by the Brazilian newspaper "Globe", involves the purchase of at least half the capital of Oi, keeping the shared control of the telecommunications group in Brazil. And states that the solution would be addressed by the shareholders as BES and Ongoing. With a merger with Oi, PT would maintain its presence in Brazil without spending the entire capital embedded with the sale of Vivo. This capital could then be channeled into investment in other developing geographies, particularly in sub-Saharan Africa - one of the pillars of the PT, to bring down debt or to solve the deficit of the pension fund operator. On the other hand, would allow Prime Minister Jose Socrates, after he vetoed the deal, could approve the sale of the participation of PT in Vivo without getting a contradiction to the argument of "defending the strategic interest of the country." The Brazilian newspaper also gives as the sale of some part of PT in Vivo. However, the deal will only progress from July 8, when the European Court will rule on whether the existence of the 'golden share' (see text below). And it would have the approval of the governments of both countries because they would continue to be represented by public banks: Caixa Geral de Depósitos and BNDES. The greatest difficulty is in convincing shareholders of Hi to sell their shares "but everyone has a price”. It is a matter of time", reports O Globo, citing an unidentified source. In a statement sent to the CMVM, at the request of the entity, PT stated yesterday at the end of the day that "the board did not meet or discuss these issues" and that there was "no representative to negotiate with third parties any merger or acquisition with Hi direct or indirect participation in Hi. " PT added that the board "is not specifically to study any particular operation of acquisition or merger the Brazilian market." Already Ongoing, which owns the Economic Daily, which holds 6.77% stake in PT, guaranteed that "there are no negotiations." At Lusa Nuno Vasconcellos, CEO, stated that "always said that the Brazilian market is strategic for PT but the alternatives have to be seen and proposals within the PT itself."

IMF mission agrees on $14.9 billion loan for Ukraine. 6:23pm BST. KIEV (Reuters) - An International Monetary Fund mission said on Saturday it had agreed to recommend a loan of $14.9 billion (9.8 billion pounds) for Ukraine in a deal to help fill the country's budget gap and boost investor confidence. The deal commits the ex-Soviet republic to cut its budget deficit faster than it planned, to 3.5 percent of GDP next year, and the IMF said in a statement its board would consider the deal for approval at the end of July after Ukraine made agreed adjustments to its budget and financial sector. Assuming approval by the IMF board, the programme will last two and a half years. The final amount was slightly lower than expected as the mission had been discussing a new stand-by facility worth up to $19 billion in negotiations that dragged on for months. "Policies under the programme include fiscal adjustment to contain the 2010 consolidated general government deficit to 5.5 percent of GDP ... and 3.5 percent in 2011 with a view to setting public debt firmly on a declining path," it said. "The fiscal adjustment is to be achieved by tax and social security structural reforms, expenditure rationalisation, combined with efforts to improve tax administration." The statement came a day after U.S. Secretary of State Hillary Clinton said the United States hoped Ukraine would win the deal. "Implementing a stand-by agreement with the IMF will allow Ukraine to secure social and economic stability and development while it overcomes the crisis and carries out large-scale structural reforms in the economy and society," Ukraine's government said in a statement. The IMF last year suspended Ukraine's $16.4 billion rescue programme because the former administration of President Viktor Yushchenko, who was at odds with his government, reneged on promises of financial restraint. Talks on a new stand-by facility have been prolonged as the IMF urged the government to set more ambitious fiscal tightening targets. The new government of President Viktor Yanukovich adopted the 2010 budget with a deficit target of 5.3 percent of gross domestic product and said it would reduce the gap by 1 percentage point a year for the next five years. Last year the budget deficit stood at 3.9 percent of GDP but the government increased planned spending by a third this year to help the economy recover and to raise social security payments such as pensions. The IMF had indicated it wanted Ukraine to set more ambitious targets for cutting the budget deficit -- which would probably require unpopular measures such as hiking utilities tariffs and reducing pensions or raising the retirement age. As well as providing much-needed cash, a new deal will help restore investor confidence and give a boost to Ukraine's $1.3 billion Eurobond issue planned later this month, analysts say.

In the port of Mumbai have faced two submarines.04 July 2010 | 20:34 | FOCUS News Agency. In the harbor of the Indian city of Mumbai have faced two submarines. This is reported by local media, with reference to the War Department in New Delhi. According to official figures, the incident no one was hurt. Both submarines were only minor damage. It is assumed that repair of the Indians hold their own.
According to some reports, the accident took place a further 10 days ago, but Indian authorities have all this time chose not to disclose details of the incident. In New Delhi, claim that such emergency is not uncommon for maneuvering in port. Indian Navy has 16 submarines.

Fire kills 24 aboard China steel company bus. BEIJING | Mon Jul 5, 2010 2:48am BST
(Reuters) - Twenty-four people died on board a steel company bus that erupted in flames in eastern China, state media reported on Monday. The shuttle bus, carrying night shift workers of a steel company in Wuxi in Jiangsu province, caught fire late on Sunday when passing through a tunnel, China's national radio service said on its website (www.cnr.cn). There were a total of 45 people on the bus, it added.
Nineteen passengers were injured, the official Xinhua news agency said. The reports did not say what may have caused the fire.