drunken driving

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Home>>Life

Hollywood actress Lindsay Lohan arrested for drunken driving

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08:45, July 25, 2007

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Hollywood actress Lindsay Lohan, who recently spent more than a month in
treatment for alcoholism, was arrested Tuesday on suspicion of drunken
driving and cocaine possession, police said.

The 21-year-old actress, who is already facing a drunken driving charge
in Beverly Hills, was arrested about 1:30 a.m. in the Pacific coastal
town of Santa Monica near Los Angeles.

Lohan was booked for driving under the influence of alcohol or drugs,
possession of cocaine, and driving on a suspended or revoked license. She
was released after posting a 25,000-dollar bail.

In a hastily convened news briefing outside the Santa Monica police
station, a police officer told reporters that another motorist — whom
police described as the mother of Lohan’s personal assistant — had
called police on her cell phone and alleged that the actress was chasing
after her in an SUV.

Police said the other motorist and Lohan were in a parking lot and were
arguing when officers arrived.

After officers conducted their initial investigation, they determined
that Lohan was driving her vehicle under the influence. She was arrested
for driving under the influence, and transported to the Santa Monica jail.

While in the jail, officers found in her possession a small amount of
cocaine. She was charged for driving for driving under the influence, and
for possession of the cocaine, according to police.

The two passengers were questioned and released, and the actress “was
cooperative during the arrest,” police said.

Lohan was arrested in May for drunken driving after she crashed her
Mercedes in Beverly Hills. She turned herself into the Beverly Hills
Police Department just last week and was booked on those charges.

Upon her release from an alcoholism treatment center two weeks ago, Lohan
had agreed to wear a alcohol-detecting anklet.

Lohan’s recent stint at the treatment center was her second round of
treatment in less than a year. In January, she checked into a treatment
center after supposedly passing out in a hotel hallway after party thrown
for the Golden Globe Awards.

Lohan began her acting career at 10 as a child star, and have played
rebellious youth roles in films like the 2004 “Mean Girls” and this
year’s “Georgia Rules.” She just turned 21 — the legal age for alcohol
drinking in the United States, earlier this month.

Source: Xinhua

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2007? (3)

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Home>>Opinion

How to interpret China’s economy in first half of 2007? (3)

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17:26, July 23, 2007

Related News
China’s GDP might overtake Germany this year
China’s rising consumption helps drive economic growth: official
China’s fixed assets investment up 25.9 pct in first half
China’s consumer price index rises 4.4% in June

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Commodity prices up and down

In June, the CPI (consumer price index) rose 4.4%, mainly driven by food
prices hike. In the first half of the year, the CPI increased by 3.2%.
Excluding food and energy items, the core price index rose only 0.9%.

Commodity price is an important indicator for observing the economic
performance. Generally speaking, if high growth is accompanied by serious
inflation, then the economy is in the overheated situation for sure.

The CPI rose 3.2% during the first six months, and 4.4% in June. Mainly
driven by food prices hike, the CPI growth was showing significant
structural characteristics. Of the 3.2% increase, 2.5 percentage points
come from food prices hike. In other words, if excluding food items, the
CPI of other items rose only 0.7%. To be specific, grain prices rose
6.4%. Meat or poultry products rose 20.7%. Egg prices rose 27.9%. Aquatic
products prices rose 3.7%. Prices of fresh vegetables fell 2.9% and,
fruit prices, down 2.9%.

Recently, price hike of grain, meat or poultry products and eggs has
drawn wide attention. There are several points to mention: First, the
rise of grain prices are subject to the influence of a variety of factors
such as prices in the international grain market and increased demand for
food; Second, price hikes of pork was mainly because of the decline in
production of live pigs last year and insufficient supply of live pigs
this year resulted from the blue ear disease.

Excluding food and energy items, the core price index rose only 0.9%
between January and June. Price changes showed ups and downs. Despite the
surging food prices, industrial producer prices remained basically
stable, only up 2.8%. In June, the general price level rose 2.5%. General
buying prices of raw materials, fuel, and power products dropped
relatively, rose only 3.8% from January to June, and 3.4% in June. During
the news briefing on July 19, State Statistical Bureau spokesman Li
Xiaochao also revealed that food prices rose 1.9% in the first half of
last year, of which, grain prices rose 1.3%; poultry products decreased
7.7%; egg prices fell 10.9%. The lower base price level of last year is
also a factor that made the growth rate of this year relatively high.

[1] [2] [3] [4]

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Home>>Business

Chinese bank invited to take Barclays stake

+ –
07:59, July 24, 2007

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First issue of Renminbi bonds in HK over subscribed

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The China Development Bank (CDB), a major state-owned policy bank, signed
a stake-purchase agreement and a cooperation memorandum with Barclays PLC
of Britain in Beijing on Monday.

According to the deal, the CDB will purchase a three-percent stake in
Barclays for three billion U.S. dollars and will have a position on
Barclays’ board of directors.

The money injected by the CDB will be used to support Barclay’s attempt
to purchase ABN Amro, the largest Dutch bank.

If Barclays succeeds in purchasing ABN Amro, the CDB will invest a
further eight billion to 10.5 billion dollars, raising its stake to more
than five percent.

According to the cooperation memorandum just signed, Barclays will
provide management and staff training for the CDB.

“This is the beginning of a long-term cooperation between the two sides,”
said a senior official with the CDB.

CDB, founded in 1994, serves as a policy bank under the direct
jurisdiction of the State Council and has 32 branches and four
representative offices across the country.

Barclays is the largest issuer of credit cards in Europe and the
third-largest banking group in Britain with around 27 million customers
and clients in more than 50 countries and regions.

Source: Xinhua

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principle
CPC full of vigor and vitality
Roadside bomb blast kills 26 people in SW Pakistan
Chinese leader urges college united front members to make more
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