Walangee
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Tags : WALANGEE Pacific Australia Arcadia Films Global |
Some good stuff just for you!
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Joined:Jul 19, 2009
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| by : FlipBooth on May 26, 2011 |
| Categories: External |
| Views : 608 |
| Comments :0 |
| Duration: 52:51 |
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Video Description for Walangee
Our adventure begins in dense rainforests outside Cairns in the north of Queensland one of Australia s most popular tourist destinations We are part of an expedition that will travel far from the tourist trail and into vast unspoiled regions in order to search for an extraordinary aborigine the Walangee A newly-ignited forest fire forces us to change direction and take an alternative route On this occasion it is no problem otherwise our entire expedition could be in jeopardy Our new route travels along a gravel-covered forest road a four wheel drive vehicle in this part of Queensland is an absolute necessity Three rivers the Lockhart Pascoe and Jardine as well as numerous small tributaries flow across the pathless jungle area of the north coast of Australia The river is a habitat for a large variety of very unusual creatures We feel a little like how the first European discoverers of Australia must have felt Cape York Peninsula was one of the first regions to be discovered by the first seafarers here long before Captain James Cook discovered the fifth continent Within his hut Chief Walangee is busy with the creation of a new harpoon For the inhabitants of Cape York Peninsula for thousands of years the harpoon has been the most important hunting device Today the point of the harpoon is made of iron Chief Walangee is one of the last authentic hunters of this region We also visit one of the most famous diving sites in the world the Great Barrier Reef that consists of around a thousand islands and almost three thousand individual reefs This journey into Australia s natural past has confirmed that it is one of the world s most untouched land masses in which ancient traditions continue to be used for practical purposes not just a tourist s carefully posed photo opportunity
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Fitch cuts Portugal credit rating
PARIS - Fitch ratings agency said Thursday it was cutting its rating on bailed-out Portugal by one notch to 'BB+' because of its high level of debt and weak economic outlook.
Fitch said the rating has a negative outlook, meaning it could be lowered again, citing Portugal's "large fiscal imbalances, high indebtedness across all sectors and adverse macroeconomic outlook" for the downgrade.
Fitch said Portugal -- bailed out by the European Union and International Monetary Fund to the tune of 78 billion euros -- would see its economy shrink 3.0 percent next year, making government efforts to stabilize the public finances even more difficult.
It said the government's commitment to the reforms laid down in the bailout program was strong and it should meet this year's public deficit target of 5.9 percent of Gross Domestic Product (GDP).
The new conservative government elected in June drew up the 2012 budget which "contains significant expenditure reductions, mainly on pensions and civil service pay.”
"The budget is well-designed and is based on reasonable GDP assumptions.
Fitch therefore “expects the 4.5 percent deficit target for 2012 to be met," it said, while warning of large risks of slippage.
It said it expected total accumulated government debt to increase from 93.3 percent of GDP at end-2010 to around 110 percent at end-2011 and peak at around 116 percent at end-2013.
"The sovereign crisis poses significant risks to the banking system, which lends to one of the most indebted private sectors in Europe," Fitch said, warning that the banks will need fresh help from the European Central Bank.
Portugal was bailed out after fellow eurozone strugglers, Greece and Ireland, needed rescues in 2010 to save them from default, with the debt crisis since spreading steadily to snare Italy and Spain. — Agence France Presse
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