International news of July 4, 2008

2008-07-04 14:05:36 (GMT) (Caymanmama.com - World News News)

International news of July 4, 2008

Colombian-French politician Ingrid Betancour and 14 other hostages released
India, Iran & Pakistan gas pipeline – India foresees agreement next month
Developed countries must raise climate change fund for under developed countries
Saudi fishing boats with Indian nationals seized near Iran’s nuclear plant
11% inflation rate in India hits Indian defense plan

Colombian-French politician Ingrid Betancour14 other hostages released

Bogota: Marxist rebel captors release their captive, they released Colombian-French politician Ingrid Betancourt and 14 other hostages after holding them for 6 years.

India, Iran & Pakistan gas pipeline – India foresees agreement next month

Madrid (AFP): The Indian Oil Minister said that India might finalize the IPI deal by next month. The pipeline that will take Iranian gas to India and Pakistan will be completed with the investment of $7.5 billion

Developed countries must raise climate change fund for under developed countries

Dhaka (AFP) The Saarc leaders have urged the developed countries to help the developing and the underdeveloped countries to fight the challenges of changing climatic conditions that are effecting the agricultural growth of the countries. They urged the developed countries to raise climate change fund for such countries.

Saudi fishing boats with Indian nationals seized near Iran’s nuclear plant

Tehran (AFP): Iranian authorities have seized 4 Saudi fishing boats 55 Km off their Bushehr nuclear plant. The ships were crewed by Indian nationals.

11% inflation rate in India hits Indian defense plan

New Delhi In spite of the fact that the defense budget of India was increased by 10% in the current budget, but the rising inflation rate has caused problems in the defense planning.

For more details and information visit: http://www.dawn.com/2008/07/04/index.htm

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