Wednesday, March 22, 2006

News Summary

Since I'll be having my interview this Sunday, I thought I'd make a bigger effort than usual in terms of keeping up to date with the news.

So here are the bits of news that I've read today:

  1. Petronas will be hosting the 11th Annual Asia Oil and Gas Conference in June.
  2. The ringgit appreciates against the dollar –a new high since the peg was dropped in July. Note to the non-economics student: appreciate = good; depreciate =bad. American dollars are now cheaper which means that a trip to Disneyland is cheaper now compared to last year.
  3. Labour revealed 12 of their campaign funders –among them Lord David Sainsbury, former supermarket mogul who was appointed as Science Minister in 1998. This has been due to investigations on the Labour party as to whether it has offered Lordships to wealthy businessmen in exchange for large loans. Conservatives have been pressed to reveal similar information but David Cameron has refused so far. He's probably not too keen on revealing financial deals which took place before he became head of the party.

Not too sure how the last bit is going to help but oh, well.

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