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04.05.2009  14:07
News Highlights: Top Economic Stories Of The Day
04.05.2009  14:07
MARKET TALK: USD Up Modestly Vs Majors; AUD And NZD Firm
04.05.2009  14:04
Swine Flu Could Return With A Vengeance, WHO Chief Says
04.05.2009  14:03
MARKET TALK: European Summary
04.05.2009  14:02
WSJ: China, Mexico Agree To Repatriate Nationals In Flu Row
04.05.2009  14:00
MARK TO MARKET: Lagging Indicator Catches Swine Flu
04.05.2009  14:00
Technical Analysis: US Credit Futures-May 4
04.05.2009  14:00
CORRECT: Portuguese Min Confirms First Case Of Swine Flu -BBC
04.05.2009  13:59
Yemen Jails Four Al-Qaeda Suspects For Attack Plots
04.05.2009  13:58
Ties Between Israel,EU Must Continue To Strengthen -Italy Min
04.05.2009  13:56
Two New Swine Flu Cases Confirmed In Italy - Report
04.05.2009  13:51
Межбанковские валютные курсы на 11:50 по Гринвичу
04.05.2009  13:51
Filene's Basement Files For Chap 11 - Reuters
04.05.2009  13:51
Portuguese Min Confirms First Case Of Swine Flu - BBC
04.05.2009  13:50
Interbank Foreign Exchange Rates At 07:50 EDT / 1150 GMT
04.05.2009  13:50
MARKET TALK: Chrysler Bankruptcy Could Mark Break In Policy

 
 
 
 
 
 
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DATE & TIME
UTC (GMT): 04.09.2010 02:22
Tokyo: 04.09.2010 11:22
Hong Kong: 04.09.2010 10:22
Moscow: 04.09.2010 06:22
Kiev: 04.09.2010 05:22
Paris: 04.09.2010 04:22
London: 04.09.2010 03:22
New York: 03.09.2010 22:22
Chicago: 03.09.2010 21:22
Sydney: 04.09.2010 12:22
Wellington: 04.09.2010 14:22

 
 
 
 


14.04.2009 07:20

UPDATE:Fiji Military Occupies Central Bank;Governor Dismissed

        (Adds details)

        SUVA (AFP)--The governor of Fiji's central bank was dismissed Tuesday and the military has taken over the building, a senior bank official said.

        In the latest upheaval to hit the island nation, Reserve Bank of Fiji Gov. Savenaca Narube was told to vacate his office, because his appointment was constitutional and Fiji no longer has a constitution, the official said on condition of anonymity.

        President Josefa Iloilo scrapped the constitution Friday to bypass an Appeal Court ruling that Prime Minister Voreqe Bainimarama had been in power illegally since the 2006 coup he led.

        He also sacked all judges and judiciary officials before reappointing military chief Bainimarama and his cabinet for five more years.

        There was no official confirmation of Narube's dismissal, but a statement from the central bank, that exchange controls had been tightened, was issued in the name of deputy governor Sada Reddy.

        The deputy governor isn't a constitutional appointment.

        The Reserve Bank of Fiji is in the same building as the New Zealand High Commission (embassy) office, and a spokesman for the New Zealand foreign ministry said the commission staff weren't under any threat.

        New Zealand Foreign Minister Murray McCully said soldiers had entered the building and "people coming and going are being checked."

        Earlier Tuesday, McCully raised the possibility of travel and trade bans on Fiji, and said people should think twice about visiting the popular South Pacific holiday destination.

        New Zealand has condemned the latest upheaval in Fiji, where courts and the public prosecutions office remained closed Tuesday, because there was no one to staff them on the first working day after the Easter holiday break.

        The Fiji Human Rights Commission also was shut, because it was an office appointed under the constitution.

        Under emergency regulations, the Fijian media is under orders only to publish positive stories about the political situation or risk being shut down, while foreign journalists face deportation.

        Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=tttPu7foH6mxFOSPPy0mpw%3D%3D. You can use this link on the day this article is published and the following day.

        (END) Dow Jones Newswires

        April 14, 2009 01:20 ET (05:20 GMT)


 
  
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