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By , on May 23rd, 2013 <!– google_ad_section_start –> Prosecutors will grill IMF chief Christine Lagarde on Thursday as they investigate whether she should be charged in connection with a state payout to a disgraced tycoon during her time as French finance minister. Lagarde has downplayed the investigation, but the stakes of the probe are huge for both her and the International Monetary Fund. Criminal charges against Lagarde, 57, would mark the second scandal in a row for an IMF chief, after her predecessor Dominique Strauss-Kahn, also from France, resigned in disgrace over an alleged assault on a New York hotel maid. <!– google_ad_section_end –>
Continue reading French prosecutors to grill IMF chief over 2007 payout
By By ANDREW HIGGINS, on May 23rd, 2013 From Luxembourg to the British Virgin Islands, the authorities are scrambling to figure out how to change their secretive ways in banking without driving away lucrative foreign clients.
Continue reading Europe Pushes to Shed Stigma of Tax Haven With End to Bank Secrecy
By , on May 22nd, 2013 <!– google_ad_section_start –> Torrential rain pounded the city for more than five hours early yesterday, causing landslides, flooding, traffic chaos and business disruptions. No injuries were reported, but more than 300 flights were delayed. A plane was struck by lightning but landed safely at Chek Lap Kok airport carrying 100 passengers and crew members. <!– google_ad_section_end –>
Continue reading Heavens open in first ‘black’ storm since 2010
By , on May 22nd, 2013 <!– google_ad_section_start –> EU leaders tackle tax fraud said to cost a trillion euros a year at a summit on Wednesday in the hope that tightening up the rules will help restore faith in European integration and raise revenue. But Austria and Luxembourg are both reluctant to sign up and share information on bank accounts automatically for fear of undermining their important financial services sectors. The one-day summit also takes place as revelations about the tax practices of some of the world’s biggest companies in their own backyard make it easy for critics to pick holes. <!– google_ad_section_end –>
Continue reading EU leaders face tough talks at tax-fraud summit
By , on May 22nd, 2013 <!– google_ad_section_start –> Low-cost European airline Ryanair is looking at introducing flights between Israel and Poland to cater for Israeli schoolchildren visiting the former Nazi death camp at Auschwitz. “It seems that every Israeli child has to go to Poland to go and see Auschwitz. We can help them with that,” said the carrier’s deputy chief executive, Howard Millar. Although Ryanair is based in Dublin, it has expanded across Europe and has in the last 12 months become Poland’s number-one airline, according to a results statement published on Monday. <!– google_ad_section_end –>
Continue reading Ryanair mulls Poland-Israel link for Auschwitz school trips
By , on May 22nd, 2013 <!– google_ad_section_start –> German software giant SAP said it intended to employ hundreds of people globally with autism as software testers and programmers over the next seven years. The company, which has already launched pilot projects in India and Ireland, said the move aimed to find workers “who think differently”, leading to innovation. By 2020, one per cent of SAP’s currently 65,000-strong workforce is expected to be affected by autism, a company spokesman told AFP. <!– google_ad_section_end –>
Continue reading German software giant SAP to hire people with autism
By , on May 21st, 2013 <!– google_ad_section_start –> US President Barack Obama on Monday saluted Myanmar President Thein Sein for his leadership in pushing through startling political reforms, but warned that violence against Muslims must stop. As his guest became the first leader of his country in almost 50 years to visit the White House, Obama praised Myanmar’s journey away from brutal junta rule and promised Washington would offer more political and economic support. <!– google_ad_section_end –>
Continue reading Obama praises Myanmar reform but warns on Muslims during Thein Sein meeting
By , on May 21st, 2013 <!– google_ad_section_start –> US President Barack Obama will hold his first summit with President Xi Jinping in California next month, with Sino-US relations rattled by alleged Chinese cyber spying and tensions in the Pacific. Obama will welcome Xi to the plush Sunnylands estate resort in Palm Springs on June 7-8, as Washington seeks Chinese help to subdue North Korean belligerence and seeks a diplomatic breakthrough to end the slaughter in Syria. <!– google_ad_section_end –>
Continue reading Xi Jinping to meet US President Obama in California in June
By , on May 21st, 2013 <!– google_ad_section_start –> MOORE, Oklahoma (AP) — Oklahoma authorities: Search and rescue efforts will continue throughout the night. <!– google_ad_section_end –>
Continue reading Oklahoma authorities: Search and rescue efforts will continue throughout the night
By , on May 21st, 2013 <!– google_ad_section_start –> OKLAHOMA CITY (AP) — Hospitals treating more than 120 patients after Oklahoma tornado, including about 70 children. <!– google_ad_section_end –>
Continue reading Hospitals treating more than 120 patients after Oklahoma tornado, including about 70 children
By , on May 21st, 2013 <!– google_ad_section_start –> The powerful tornado, rated the second highest strength level of EF4 and packing winds of up to 320km/h, touched down at midafternoon and devastated a wide area of the town. <!– google_ad_section_end –>
Continue reading Monster tornado flattens suburb of Oklahoma City, 37 dead
By , on May 21st, 2013 <!– google_ad_section_start –> MOORE, Okla. (AP) — State medical examiner’s office: 37 killed in Oklahoma tornado; death toll expected to rise. <!– google_ad_section_end –>
Continue reading State medical examiner’s office: 37 killed in Oklahoma tornado; death toll expected to rise
By , on May 20th, 2013 <!– google_ad_section_start –> OKLAHOMA CITY (AP) — Hospitals treating nearly 60 injured, including more than a dozen kids, after Oklahoma tornado. <!– google_ad_section_end –>
Continue reading Hospitals treating nearly 60 injured, including more than a dozen kids, after Oklahoma tornado
By , on May 20th, 2013 <!– google_ad_section_start –> MOORE, Okla. (AP) — Several children pulled out of rubble alive at grade school in Oklahoma. <!– google_ad_section_end –>
Continue reading Several children pulled out of rubble alive at grade school in Oklahoma.
By , on May 20th, 2013 <!– google_ad_section_start –> MOORE, Oklahoma (AP) — Police: Elementary school in Oklahoma City suburb takes direct hit from mile-wide tornado. <!– google_ad_section_end –>
Continue reading Police: Elementary school in Oklahoma City suburb takes direct hit from mile-wide tornado
By , on May 20th, 2013 <!– google_ad_section_start –> MOORE, Oklahoma (AP) — Footage shows fires, flattened buildings after tornado rips through area near Oklahoma City. <!– google_ad_section_end –>
Continue reading Footage shows fires, flattened buildings after tornado rips through area near Oklahoma City
By , on May 20th, 2013 <!– google_ad_section_start –> MADRID (AP) — Real Madrid says coach Jose Mourinho will leave at end of season. <!– google_ad_section_end –>
Continue reading Real Madrid says coach Jose Mourinho will leave at end of season
By , on May 20th, 2013 <!– google_ad_section_start –> Federal agents have arrested the top enforcement officer for the US Virgin Islands environment agency on drug trafficking charges after he was allegedly caught with a cache of cocaine on a government patrol boat. <!– google_ad_section_end –>
Continue reading Drug trafficking charges for US Virgin Islands environment officer
By , on May 20th, 2013 <!– google_ad_section_start –> Relax – Hong Kong and Bangladesh may not be as racist as suggested by the world map on racial tolerance published last week. The map, made by The Washington Post based on data from the World Values Survey, showed 71.7 per cent of Bangladeshis and 71.8 per cent of Hongkongers did not want a neighbour of a different race. <!– google_ad_section_end –>
Continue reading Error spoils Hong Kong, Bangladesh racial tolerance data in survey
By , on May 20th, 2013 <!– google_ad_section_start –> Premier Li Keqiang exchanged banter with Indian reporters and officials as he embarked on a charm offensive in New Delhi yesterday during his maiden foreign trip. Li attempted to engage in friendly chat with reporters during a welcoming ceremony hosted by the Indian government, and said he appreciated the Indian media’s contribution to Sino-Indian ties. He said he had seen large headlines in Indian newspapers welcoming his visit when he was having breakfast. <!– google_ad_section_end –>
Continue reading Li Keqiang on charm offensive in India after meeting Manmohan Singh
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French prosecutors to grill IMF chief over 2007 payout
<!– google_ad_section_start –> Prosecutors will grill IMF chief Christine Lagarde on Thursday as they investigate whether she should be charged in connection with a state payout to a disgraced tycoon during her time as French finance minister. Lagarde has downplayed the investigation, but the stakes of the probe are huge for both her and the International Monetary Fund. Criminal charges against Lagarde, 57, would mark the second scandal in a row for an IMF chief, after her predecessor Dominique Strauss-Kahn, also from France, resigned in disgrace over an alleged assault on a New York hotel maid. <!– google_ad_section_end –>
Continue reading French prosecutors to grill IMF chief over 2007 payout
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