Seven hurt in bombing in Spain

Seven hurt in bombing in Spain	17.04.2008
A BOMB blast outside the office of Spain`s ruling Socialist party in Bilbao has lightly injured seven police officers and seriously damaged the building. The blast has been blamed on Basque separatist group ETA. "There is notable material damage," a local police spokesman told AFP. Some of the seven injured officers had been struck by glass as they guarded the zone around the bomb. Share this article Digg this Post to del.icio.us Post to Newsvine Post to Facebook Add to kwoff
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04/17/2008		Ukraine to formally join WTO
UKRAINE will officially join the World Trade Organisation on May 16

04/17/2008		Drunk fails to notice knife in back
A RUSSIAN man was so drunk he did not notice he had been knifed in the back by a colleague, newspapers reported today

04/17/2008		Displaced people highest in a decade
ARMED conflicts and violence displaced more than 26 million people within their own countries in 2007, the highest number in more than a decade, an international monitoring body says

04/17/2008		No one thinks Mugabe won, says Brown
BRITISH Prime Minister Gordon Brown has told the UN Security Council that "no one thinks" that President Robert Mugabe won last month`s presidential election in Zimbabwe

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DELTA Goodrem is "thrilled" to be fulfilling a dream of singing the national anthem before 120,000 racegoers at today`s Melbourne Cup.
Our fear over rate rise: Deputy PM

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Latest Comments:

why every few years we australians had to putup with liberal labor party,if we look back 100 years there were many other parties elected.So why not liberal & some other mobs.
Posted by: anthony vo of robertson,qld 10:09am today

Lib comment 59...I too remember under a labor government interest rates where high but I also remember how living was not a struggle...cost of living was cheap....today interest rates are low but I am struggling to survive.... prices are out of control. The Liberal propaganda is that it is the state's fault....now if the highest govenment in the land has no control and it is not their fault then why have them.....lets get rid of them.
Posted by: Vince of Gold Coast 10:09am today

Hopefully this is the final nail in the coffin for JWH and the conservatives.
Posted by: Lin Brown of Perth 10:09am today

When I first took out a home loan in 1980, banks were regulated, my mortgage was around 8.5%. Regulation meant that should interest rates rise, the bank could never charge more than 13%. Under Paul Keating as treasurer, I did pay 13%. Those on the unregulated loans paid 17%. Bob Hawke called Paul Keating "The worlds greatest treasurer." will Wayne Swan be Paul Keating recycled?
Posted by: Banksiaman of Kurri Kurri 10:09am today

brett of Boort Comment 61 "October 7, 2004, Howard was asked by ABC interviewer Ian Cameron "nominate your biggest challenge over the next 12 months?? Howard replied ?. . . keeping the Budget in surplus, keeping interest rates low, keeping them at 30-year lows". He lied." --- Have I missed something here??? Where is the lie - weren't these the biggers challenges in 2004?
Posted by: RJ of Sydney 10:08am today

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Vaile will be `relieved` if rates don`t rise
Increase would be 6th since 2004 and 10th in a row
Labor planning to make Coalition suffer

DEPUTY Prime Minister Mark Vaile yesterday revealed the tension within the Coalition as it faced the likelihood of an interest rate rise on the eve of the election.

The Reserve Bank board will meet today and its members are expected to boost rates by 0.25 percentage points in an announcement tomorrow morning.

"I will be relieved if we get to Wednesday morning and there is no rate rise," said Mr Vaile, the Nationals leader. "I would say that (the underlying rate of inflation of) 2.9 per cent, which is the forecast ... is not enough to trigger a rate rise but the RBA will make that decision."

Labor is preparing to make the Coalition suffer politically for what would be the sixth rate increase since the 2004 election, and the 10th in a row. Shadow treasurer Wayne Swan said the last five rates had hit average NSW mortgage holders hard, adding $209 a month to their repayments, or $62,594 over the life of the loan.

Labor leader Kevin Rudd said the blame would belong to Prime Minister John Howard for not reducing inflation. Mr Rudd said there had been "a big interest rate con" at the 2004 election when the Coalition promised to keep rates at record lows.

"What I see increasingly though is Mr Howard quite arrogantly pushing aside all responsibility for the problems of inflation in the Australian economy," he said.

"Yesterday he said that inflationary pressures were unavoidable.

"He also said there would be no problem of policy miscalculation or policy failure, whereas three years ago he told everyone that he would keep interest rates at record lows. These two stories don`t match.

"I don`t think Mr Howard has been fair dinkum at all when it comes to interest rates."

Mr Howard welcomed the increased emphasis on economic management being at the "centre of this election campaign like never before".

"My proposition to the Australian people is that in this new and more challenging environment, now is not the time to replace an experienced government on economic issues with an inexperienced government," he said.

However, while the Coalition is preparing for a battering over a rates rise, an exclusive Galaxy poll in yesterday`s The Daily Telegraph found only 12 per cent of voters would blame Mr Howard if rates go up again.

Australian Chamber of Commerce and Industry (ACCI) chief executive Peter Hendy said the chamber`s latest business survey showed the economy was going "gang-busters", but any rate rise could cost the economy $1.8 billion.

Nevertheless, he said he would support a rate rise to curtail inflation.

Our fear over rate rise: Deputy PM 11/06/2007


	09. 2008

Seven hurt in bombing in Spain