"The reforms based on the belief in the efficiency of the market and the diminution of government did not work. Reforms are needed to enhance productivity and capacity to cope with risks."
Bangladeshi Foreign Minister Dipu Moni, speaking on behalf of the world's poorest nations at the UN Conference on the World Financial and Economic Crisis and Its Impact on Development
"The Chinese need markets; we also need markets. they need raw materials; we also need to cooperate with them in processing these materials. So it is a win-win formula between Africans and Chinese."
Ugandan President Yoweri Museveni, dismissing concerns by some European countries that China's presence in Africa has hampered the continent's democratic progress, when speaking to reporters in Uganda's Entebbe on June 29
"The message must be sent that Mr. Madoff's crimes were extraordinarily evil and that this kind of irresponsible manipulation of the system is not merely a bloodless financial crime that takes place just on paper, but it is instead...one that takes a staggering human toll."
U.S. District Judge Denny Chin, citing the unprecedented nature of the multibillion-dollar Ponzi scheme run by Bernard Madoff as he sentenced the 71-year-old Wall Street swindler to the maximum of 150 years in prison
"The NATO-Russia Council is now back in gear. We agreed not to let disagreements bring the whole train to a halt."
NATO Secretary General Jaap de Hoop Scheffer, after NATO and Russia resumed formal cooperation on broad security threats on June 26, in their first high-level talks since the Russia-Georgia war last August
"What is the point if the enemy leaves your house only to move next door, where he can still monitor your movements and behaves as if he continues to live with you?"
Al-Dhari, a sheikh from Iraq's Association of Muslim Scholars, condemning as a sham U.S. troops' withdrawal from cities in the war-torn country as of June 30 |