Wednesday, May 18
2:00 p.m., EDT
The Princeton Club, N.Y., N.Y.
NEW YORK, April 5 /PRNewswire/ -- Market News International (MNI), a part
of the news division of Xinhua Finance (TSE Mothers: 9399), today announced
that it will next month host an address in New York by David M. Walker,
Comptroller General of the United States government.
Mr. Walker will address the following topics: current U.S. fiscal
condition, long range fiscal imbalances, and 21st century challenges.
To many, Washington is either ignoring or trying to repeal the laws of
arithmetic when it comes to the national debt and deficits. But David M.
Walker has the numbers, and, as his charts and tables show, time is running
out for this version of American fiscal policy and debt management. Backing
him up are thousands of hours of research by his Government Accountability
Office (GAO). Arithmetic and its grim implications will inevitably bend
Washington policy severely. The only question is how long it takes to sink in.
The non-political and totally credible prediction of what is to come is
something that the credit markets very much need to hear. The nation's chief
accountant, the Comptroller General of the United States, is making a special
visit to Wall Street hosted by MNI. Space is limited so be sure to pre-
register.
Registration will start at 1:00 p.m., EDT.
AGENDA
1:00 - 2:00 Registration
2:00 - 2:45 Address, GAO's David M. Walker
2:45 - 3:30 Question & answer session
If you would like to attend, please RSVP to Mark Kuiper at 212-669-6421,
or email at mkuiper@marketnews.com.
The address, the latest in a series of addresses organized by MNI with
senior government officials whose views can have an impact on the financial
markets, will take place on Wednesday, May 18 at the Princeton Club in New
York.
Mike Connor, Managing Director of Xinhua Finance's News Division and MNI
CEO, said he was delighted with the opportunity to host the address by Mr.
Walker.
"MNI has always been committed to providing a channel for information and
transparency between the markets and the regulatory authorities in the United
States and in other territories, and Mr. Walker's comments will be received
with great interest," Mr. Connor said.
MNI is the leading news source for information on the Federal Reserve and
the European Central Bank. It produces news feeds on the foreign exchange
market and the corporate and government debt markets and has nine offices in
the United States and in Europe, including New York, London and Frankfurt.
MNI has been hosting such speeches for several years. Speakers at such
events over the past year have included Federal Reserve Presidents Anthony
Santomero and Robert McTeer.
About Market News
Market News International (MNI), a Xinhua Finance company
(http://www.xinhuafinance.com), is a financial news and information company
dedicated to the global fixed income and foreign exchange markets. MNI joined
the Xinhua Finance family in March 2004, bringing its niche expertise and
extensive distribution network. Headquartered in New York, MNI has news
bureaus and offices throughout the US and Europe.
With more than twenty years of history, MNI is a fully accredited news
agency providing focused, timely, relevant and critical intelligence for
market professionals. Its press credentials are accepted by all operations of
the U.S. Government, including the White House, the Federal, both houses of
Congress, all major agencies and cabinet departments, all similar government
operations in the G-7 countries, as well as by supranational organizations
such as the World Bank and the International Monetary Fund.
About Xinhua Finance Limited
Xinhua Finance Limited is China's premier financial services and media
company, listed on the Mothers Board of the Tokyo Stock Exchange (symbol
TSE:9399). The Company provides financial news and information, as well as a
broad array of financial products and services unique to the China markets.
Xinhua Finance provides real time coverage of Chinese and Asian equity
markets, delivering an integrated platform of China-specific indices,
financial news feeds, credit ratings, and investor relations services to
global financial institutions and re-distributors via leased line, Internet,
and satellite technology. Founded in 1999, the Company is headquartered in
Hong Kong and has 21 offices and 19 news bureaus across Asia, Australia, North
America and Europe. For more information, see http://www.xinhuafinance.com.
For more information, contact:
Xinhua Finance
Ms Joy Tsang
Corporate & Investor Communications Manager
+852 3196 3983, +852 9486 4364
joy.tsang@xinhuafinance.com
Mark Kuiper
212-669-6421
mkuiper@marketnews.com
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