News
Combian Military Frees Hostages
A daring rescue by the Colombian Military has freed 14 hostages including that of Ingrid Betancourt and three American contractors held since 2003. A shift has taken place in recent months in the long-standing battle between the leftist rebels in Colombia known as FARC and the Government. Several of FARC's leaders have died and desertion is on the increase. This victory will underscore the popularity of current Colombian President Uribe who is seeking a third term despite the constitutional prohibition of such an act. For more news analysis on Colombia subscribe to DGMI alert.
Earthquake in China: Implications
The earthquake in China is expected to bring a substantial casualty figure and could eventually match that of the cyclone in Myanmar. In light of the forthcoming Olympics being held in Beijing this summer, the Chinese government is very keen to appear competent and transparent in their response to this crisis. Historically, the Chinese leadership has taken measures to hide the scale of their disasters from worldview. In economic terms, the Sichuan province contributes about 4% of China’s GDP and any economic impact it will have will be derived from perceptions about how the Government responds to this type of crisis by the international investment community. For more information, subscribe to DGMI alert.
Bangladesh confirms Human Bird Flu victim
Bangladesh has become the 15th country to report a human case of H5N1. The virus was found in a 16 month old boy from Dhaka who fell ill in January and is now recovering. The CDC (US Centers for Disease Control) confirmed the case and found that the boy does not live or on or near a chicken farm, but contracted the virus for the capital's crowded and unhygienic slums. For more information, subscribe to our newsletter.
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