Latest Breaking International News
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Expert US Foreign Policy in Retreat
A former senior advisor to the late Richard Holbrooke, who served as U.S. special envoy to Afghanistan and Pakistan, says when it comes to foreign policy, the U.S. is in "retreat." Vali Nasr, who is now dean of Johns Hopkins University's School of Advanced International Studies (SAIS), said the Obama administration has concluded that the best way forward for the United States is to do ...
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Pakistani plane forced to land near London two held
Britain had to scramble fighter jets Friday to escort a Pakistani International Airlines (PIA) plane down to land after it was diverted from Manchester. Later, two people were arrested from aboard the aircraft on suspicion of endangering the flight. The Royal Air Force Typhoon jets were scrambled to escort the passenger plane, originally heading from Pakistan's Lahore city to Britain's ...
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Two held over Pakistani planes mid-air alert
Britain had to scramble fighter jets Friday for escorting a Pakistani International Airlines (PIA) plane after it was diverted from Manchester. Later, two people were arrested on suspicion of endangering the aircraft's flight. The Royal Air Force Typhoon jets were scrambled to escort the passenger plane, originally heading from Pakistan's Lahore city to Britain's Manchester city. Police ...
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Condom handout at Russian WWII monument slammed
A prominent Russian lawmaker Friday called for public condemnation of a recent handout of condoms by AIDS activists at an monument in honour of soldiers who died in World War II. "The most serious reaction to such things is not the introduction of new administrative bans, but a sharp condemnation by society," said Olga Batalina, head of the Russian parliament's committee on family ...
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Britain sends up fighters as Pakistani plane diverted
Britain had to scramble fighter jets Friday for escorting a Pakistani International Airlines (PIA) plane after it was diverted from Manchester. The PIA plane was diverted from Manchester to Stansted airport, reported BBC, citing a Manchester airport spokesperson Friday. The plane, flight number PK709, carrying 297 passengers, had reportedly left Lahore at 09.35 a.m. and was due in at ...
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British Open squash Pallikal goes down fighting to World No.2
India's Dipika Pallikal fought hard before losing to local hope Laura Massaro in the pre-quarterfinals of the Allam British Open Squash Championships here. Fifteenth-ranked Pallikal squandered a great start to go down 11-7, 10-12, 9-11, 6-11 against the World No.2 amid cold and wet conditions surrounding the glass court at the KC Stadium here Thursday night. Her loss ended India's challenge in ...
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European golf tour head apologises for using coloured term while referring to Woods-Garcia spat
The head of the European golf tour has offered an apology for using the word 'coloured' during a live television interview in which he was referring to the spat between World No.1 Tiger Woods and Spanish golfer Sergio Garcia. European Tour CEO George O'Grady had said that 'most of Sergio's friends are colored athletes in the United States', the New York Post reports. According to the report, ...
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Africa Europe set out cooperation priorities
The Action Plan 2011-2013 was adopted at the recent Africa-EU Summit held in Tripoli, Libya. It replaces the First Action Plan 2008-2010 that was approved at the last summit three years ago. Both plans of action are based on eight partnerships defined as "strategic". These focus on energy, climate change, peace and security, Millennium Development Goals (MDGs), trade and ...
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Female suicide bomber injures 11 in Russian region
MAKHACHKALA, Russia (AP) -- Police in the southern Russian region of Dagestan say a female suicide bomber has injured at least 11 police officers and ...
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Jordan king says extremism grown fat on conflict
SOUTHERN SHUNEH, Jordan (AP) -- Jordan's King Abdullah II says extremism has "grown fat" off of the longstanding conflict between Israel and the ...
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We can let fission fizzle out in a renewable world
Why would anyone choose to reinvest in a form of power that seems not to have been harnessed properly? At Chernobyl and Fukushima the world had two very close shaves. Not a very impressive safety record for a technology that has been pampered with billions of dollars of investment over 60 ...
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Balloons bring smiles in war-weary Afghan capital
KABUL, Afghanistan (AP) -- Artists and activists have handed out 10,000 pink balloons to residents in Afghanistan's war-weary capital, bringing smiles to surprised Kabul residents a day after a major Taliban siege on an international compound in the ...
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Radiation leak at Japan lab small impact expected
TOKYO (AP) -- A nuclear research lab in northern Japan has reported a radiation leak that may have affected 55 people, though none were hospitalized and no impact was expected outside the ...
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Ferrari World Abu Dhabi to move to 7-day ops
"There's been a growing demand for a continuous entertainment offering and the appeal of Yas Island as a leisure destination is now even higher," said Andy Keeling, park manager, Ferrari World Abu ...
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Children to gather in international festival in US
The International Children's Friendship Festival celebrated with children from 31 different countries in Seattle Children from 31 different countries will participate in the "International Children's Friendship Festival" in the United States hosted by the Turkish American Association of Washington (TACAWA).The annual festival will start on April 27 in Seattle and children ...
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International Retirement Scheme opens to UK Limited Companies
A new tax-efficient Pension Trust that allows UK Limited Companies to provide retirement packages for their employees who have responsibilities outside the UK has been launched by s615(6) Limited. The International Retirement Benefit Scheme had previously only been open to direct clients, but for the first time will be offered as a new international pensions solution, and can stand ...
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Aon Trade Credit becomes international
Aon Trade Credit UK is pushing out of the UK by launching an international team to support global companies in managing their receivables more proactively to prevent bad debt. The credit insurance broker is following Aon’s Global Risk Management Survey which named liquidity one of the top ten risks for global companies in 2009. The new team will be assisted by placing global ...
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Dividend forecasts should lead to recovery in Continental Europe
Continental Europe is showing signs of a recovery with increases in European stocks dividend forecasts and robust corporate balance sheets, says Ignis Asset Management. Olly Russ, manager of the top-quartile Ignis Argonaut European Income Fund, is confident that current conditions are favouring Continental European equity income stocks, but warned that dividends will remain under ...
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Aviva strengthens Europe position
ING Group’s holding company in Russia and non-state pension fund business, which had assets under management of £30.4million at 31 December 2008, have been acquired by Aviva plc. The pension fund provides pensions to large multi-national corporate clients, and has 17,000 members. The holding company had £0.8million in AUM at 31 December 2008. The acquisition places ...
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BNY Mellon expands across Europe
BNY Mellon Asset Management has opened an office in Paris as part of its plans to branch out within Europe. The global asset management arm of The Bank of New York Mellon Corporation will be led by Anne-Laure Frischlander, managing director and head of BNY Mellon Asset Management’s French operations, with a five-strong sales team. The new venture will service current clients in ...
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Standard Life’s Europe results drop
Standard Life plc’s new business results for 2008 show a drop in worldwide life and pensions sales of six per cent to £15.6bn. Total net flows across the worldwide life and pensions operations were down from £2.8bn in 2007 to £2.4bn in 2008. However, in Europe, net flows were 13 per cent higher at £620million in 2008 than in 2007, at £548million. German ...
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iShares Europe enjoys record 2008 inflows
iShares Europe has reported a record year of net inflows into its European Exchange Traded Funds (ETF), securing €17.7bn in net new ETF assets at the end of 2008. AT the end of 2007, this figure stood at €5.8bn, and therefore iShares has seen a threefold increase in new money flowing into their ETFs. Globally, the business has had a record year, with net inflows of $89bn in ...
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2-child limit for Muslims in parts of Myanmar
YANGON, Myanmar (AP) -- Authorities in Myanmar's western Rakhine state have introduced a two-child limit for Muslim Rohingya families in an effort to ease tensions with their Buddhist neighbors after deadly sectarian ...
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Are international retirement plans the future for expatriates
The number of employees on international assignments has increased by almost 90 per cent over the last three years, according to ...
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Europe to become main driver in RI market
Responsible Investment (RI) will become ‘mainstream’ by 2015 with 20 per cent of pension funds’ assets under management invested in this way, according to a report published jointly by Dutch asset manager Robeco and global consulting firm Booz & Company. The companies predict total revenue of approximately US$50bn by 2015. ';We expect the RI market to become ...
Digest on Australia
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Australia the energy superpower?
A new boom in the extraction of Australia's natural gas reserves will have immense economic benefits for the country and especially the state of Western Australia, but conservationists warn of an environmental impact.
Australia is a country rich in natural resources, because of this its economy is an export driven one, and coal, iron ore, wool, meat, gold, and wheat are some of its main exports. It was in the 1920’s that Australia’s economic potential was underpinned by the gold rush that saw its population triple in size in just ten years. Read more
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