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By Emily L. Hauser, on June 18th, 2013 Israel’s discrimination against its Palestinian citizens harms not just them, but also the Israeli economy, argues Emily Hauser.
Continue reading Discriminating Against Arabs Costs Israel Billions
By , on June 18th, 2013 Paging Hillary Clinton. In an interview, billionaire Carlos Slim says that in this modern world, the best workers are sexagenarians.
Continue reading Billionaire Carlos Slim: Why 60 Is the New 30
By , on June 18th, 2013 <!– google_ad_section_start –> In a lonely corner of the Pacific, 1,740 kilometres south of Tokyo, a tiny but potentially crucial piece of Japanese territory is now rising from the waves. Photographs emerged this week showing that construction of a 160-metre dock on the atoll of Okinotorishima is well under way. The costly piece of infrastructure, which will dwarf the uninhabited land mass that it is designed to serve, is likely intended to help Japan argue for the extension of its exclusive economic zone a further 200 nautical miles into the Pacific. <!– google_ad_section_end –>
Continue reading Build-up on remote Japanese atoll raises strategic questions
By , on June 18th, 2013 <!– google_ad_section_start –> The leading developed nations have called for the creation of a global system to automatically funnel financial information about individuals and companies using offshore tax havens, but Switzerland does not want to co-operate. <!– google_ad_section_end –>
Continue reading Call for global information system to curb tax evasion
By , on June 18th, 2013 <!– google_ad_section_start –> As many as 200,000 demonstrators marched through the streets of Brazil’s biggest cities in a swelling wave of protest tapping into widespread anger at poor public services, police violence and government corruption. <!– google_ad_section_end –>
Continue reading 200,000 Brazilians vent anger at rallies in more than half a dozen cities
By , on June 18th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. Benchmark oil for July delivery rose 5 cents to $97.82 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. On Monday, the contract fell slightly after it climbed to $98.74, its highest level since mid-September, as stock and commodity markets wait for Fed policymakers to meet this week. <!– google_ad_section_end –>
Continue reading Oil prices stay steady before 2-day US Fed meeting
By , on June 18th, 2013 <!– google_ad_section_start –> Foreign direct investment (FDI) into China rose during the first five months of this year, the government announced on Tuesday, paced by strong increases from the European Union and United States. Incoming FDI, which excludes financial sectors, rose 1.0 per cent to US$47.6 billion (HK$369.4 billion) from January through May, the Commerce Ministry announced. It was also up 0.3 per cent in May to US$9.26 billion (HK$71.9 billion) from the same month last year, the ministry said. <!– google_ad_section_end –>
Continue reading FDI into China rises in Jan-May: govt
By , on June 18th, 2013 <!– google_ad_section_start –> The United States and the European Union launched talks on Monday to create one of the world’s most ambitious free-trade zones, as France again underscored its determination to protect its movies and culture. A trans-Atlantic free trade agreement was first considered three decades ago but was knocked down by France in the 1990s. Europe has now managed to get Paris onside, opening the way to a deal that could boost the EU and US economies by more than US$100 billion (HK$776.0 billion) a year each. <!– google_ad_section_end –>
Continue reading EU, US leaders launch trade talks, France digs in on culture
By , on June 18th, 2013 <!– google_ad_section_start –> China’s foreign minister has a new ride. In a ministerial first in more than three decades, Wang Yi has chosen a locally manufactured Red Flag limousine, the same brand Mao Zedong rode to inspect parades. “Minister of Foreign Affairs Wang Yi’s official car is a Red Flag H7 sedan,” the ministry wrote in a microblog post, which showed an image of the newly developed vehicle. Wang’s previous official car was a foreign brand. <!– google_ad_section_end –>
Continue reading China foreign minister’s new ride: the Mao Zedong-approved limousine
By , on June 18th, 2013 <!– google_ad_section_start –> As many as 200,000 demonstrators marched through the streets of Brazil’s biggest cities on Monday in a swelling wave of protest tapping into widespread anger at poor public services, police violence and government corruption. The marches, organised mostly through snowballing social media campaigns, blocked streets and halted traffic in more than a half-dozen cities, including São Paulo, Rio de Janeiro, Belo Horizonte and Brasilia, where demonstrators climbed onto the roof of Brazil’s Congress building and then stormed it. <!– google_ad_section_end –>
Continue reading Biggest protests in 20 years sweep Brazil
By , on June 17th, 2013 <!– google_ad_section_start –> Smithfield Foods Inc. may be worth less as a whole than its separate parts, according to an activist investor asking the Virginia pork giant this week to reconsider its recent $4.7 billion sale to a Chinese meat producer. Last month, Shuanghui International Holdings agreed to pay $4.7 billion, sans debt, for the full Smithfield package. The Hong Kong company offered $34 a share. <!– google_ad_section_end –>
Continue reading Smithfield Foods could do better than Chinese deal, investor says
By By JOHN SCHWARTZ, on June 17th, 2013 William Sanford Nye, better known as Bill Nye the Science Guy, has gone from TV host to fierce defender of scientific issues that have been polemicized for religious, political and even economic reasons.
Continue reading On TV and the Lecture Circuit, Bill Nye Aims to Change the World
By , on June 17th, 2013 <!– google_ad_section_start –> Singapore urged Indonesia to take “urgent measures” as severe air pollution from forest fires on Sumatra choked the densely populated city state. Singapore’s skyscrapers, including the Marina Bay Sands casino towers, were yesterday shrouded in haze and the acrid smell of burnt wood wafted through the central business district. Parts of Malaysia also suffered from the smoky haze, a recurring problem Southeast Asian governments have failed to solve, despite repeated calls for action. <!– google_ad_section_end –>
Continue reading Smoky haze from Indonesian forest fires chokes Singapore, Malaysia
By , on June 17th, 2013 <!– google_ad_section_start –> Leaders of eight of the world’s wealthiest nations sought elusive progress on lowering trans-Atlantic trade barriers and pushing the warring factions in Syria towards the negotiating table as the G8 summit opened yesterday amid high security in peaceful Northern Ireland. <!– google_ad_section_end –>
Continue reading US-EU trade pact, Syria top agenda as G8 chiefs convene in Belfast
By , on June 17th, 2013 <!– google_ad_section_start –> Thousands of protesters rallied across Indonesia yesterday against government plans to raise the price of fuel, with police in Jakarta firing tear gas to stop hundreds storming the national parliament. Several people were injured in the clashes. Lawmakers yesterday approved budget amendments that would pave the way for a rise of 33 per cent, the first such increase since 2008. <!– google_ad_section_end –>
Continue reading Indonesians up in arms over fuel price rise plan
By Tom Sykes, on June 17th, 2013 After pics emerged on Sunday showing art billionaire Charles Saatchi apparently choking his celebrity-chef wife, Nigella fled her house with a suitcase. Tom Sykes on the rumors that Saatchi has finally flipped.
Continue reading Nigella Leaves Home
By , on June 17th, 2013 <!– google_ad_section_start –> The Pollutant Standards Index reading at noon stood at 105, according to the National Environment Agency (NEA) website. Any reading above 100 is categorised as unhealthy. <!– google_ad_section_end –>
Continue reading Singapore air worsens as smoke billows in from Indonesia forest fires
By , on June 17th, 2013 <!– google_ad_section_start –> HONG KONG (AP) — Hong Kong billionaire Li Ka-shing is buying a Dutch waste and renewable energy company for 943.7 million euros ($1.3 billion), his companies said Monday, as the infrastructure and utilities businesses of Asia’s richest man expand further internationally. Four companies controlled by Li including Cheung Kong Infrastructure Holdings Ltd. said they were teaming up to buy AVR-Afvalverwerking BV. The group said it was buying AVR because it represents a “compelling long-term investment opportunity for the consortium.” <!– google_ad_section_end –>
Continue reading HK’s Li buys Dutch waste company for $1.3B
By , on June 17th, 2013 <!– google_ad_section_start –> HONG KONG (AP) — Hong Kong billionaire Li Ka-shing is buying a Dutch waste and renewable energy company for 943.7 million euros ($1.3 billion). A group of Li’s companies including Cheung Kong Infrastructure said Monday they were buying AVR-Afvalverwerking BV. Li’s companies said they were buying the company because it represents a “compelling long-term investment opportunity for the consortium.” <!– google_ad_section_end –>
Continue reading HK’s Li buys Dutch waste company for 944M euros
By , on June 17th, 2013 <!– google_ad_section_start –> Macau’s Court of First Instance on Monday began a corruption trial involving Hong Kong tycoons Joseph Lau Luen-hung and Steven Lo Kit-sing, despite Lau being absent from the court for a fourth session in a row. Lau’s lawyers asked the court that they be allowed to represent Lau in his absence. They did not explain the reasons for Lau’s absence. Presiding judge Mario Augusto Silvestre agreed to the request and allowed the trial to continue. Although Lau was absent, his girlfriend Lui Lai-Kwan attended the trial. Seven Lo was also present. <!– google_ad_section_end –>
Continue reading Macau corruption trial opens without defendant tycoon Joseph Lau
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Build-up on remote Japanese atoll raises strategic questions
<!– google_ad_section_start –> In a lonely corner of the Pacific, 1,740 kilometres south of Tokyo, a tiny but potentially crucial piece of Japanese territory is now rising from the waves. Photographs emerged this week showing that construction of a 160-metre dock on the atoll of Okinotorishima is well under way. The costly piece of infrastructure, which will dwarf the uninhabited land mass that it is designed to serve, is likely intended to help Japan argue for the extension of its exclusive economic zone a further 200 nautical miles into the Pacific. <!– google_ad_section_end –>
Continue reading Build-up on remote Japanese atoll raises strategic questions
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