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World |
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Africa |
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| Fears for flooded Kenya refugees |
| Aid workers are seriously concerned for 80,000 Somali refugees in eastern Kenya, which has been hit by floods. |
| Source: www.bbc.co.uk |
| Peacekeepers, Cops Patrolling Congo |
KINSHASA, Congo — U.N peacekeepers patrolled the streets of a subdued Congolese capital and riot police arrested a handful of stone-throwing protesters Thursday, the day after incumbent Joseph Kabila was declared winner of historic presidential elections. The loser, a former rebel leader, vowed to contest the count.
Businessmen, fearing violence, kept their shops shuttered. Few vendors were on the streets, many workers stayed home, and most schools were closed until Monday. There were no traffic jams in the usually bustling capital. |
| Source: www.foxnews.com |
| Nigeria scams |
Financial crime in the UK stemming from Nigeria involves "billions of pounds" but not enough is being done to stop it, a report has concluded.
Internet scams, credit card fraud and money laundering are going unchecked by governments in both countries, research group Chatham House says.
The crimes are not given priority but have become a "large and pressing problem", the author says.
Nigeria has become especially linked with "advance fee" or "419 scams". |
| Source: www.bbc.co.uk |
| Chad: Violence in Sudan |
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| Source: www.foxnews.com |
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Americas |
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| Indonesia braced for Bush protest |
Security has been stepped up in the Indonesian city of Bogor as US President George W Bush began a brief but controversial official visit.
Protests are expected around the city and police said they were investigating a report of a planned suicide attack.
On Sunday, thousands of people marched in the capital, Jakarta, in protest at US policy in Iraq and Afghanistan.
US foreign policy provokes deep anger among some groups in Indonesia, the world |
| Source: www.bbc.co.uk |
| Venezuelan home-building lags behind Chavez |
| CARACAS, Venezuela (AP) -- In the vast slums that cover the hillsides of Caracas, there are scattered signs of hope: workers in red T-shirts welding steel beams and smoothing out the concrete of new apartment buildings financed by President Hugo Chavez |
| Source: www.cnn.com |
| Saddam trial |
The trial of Saddam Hussein was so flawed that its verdict is unsound, the advocacy group Human Rights Watch says.
The ex-Iraqi leader has two weeks to lodge an appeal but his lawyer claims he has been blocked from doing so. |
| Source: www.bbc.co.uk |
| Baby Hotel: The Gateway to Guatemalan Adoption |
| Guatemala, a small country of only 11.2 million, has passed Korea and is now the third-largest source of foreign adoption for the United States, trailing only the empires of Russia and China. |
| Source: www.worldpress.org |
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Asia-Pacific |
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| China official admits to torture |
| A senior Chinese official has made a rare admission about the extent of the use of torture in getting convictions in China |
| Source: www.bbc.co.uk |
| U.S. Envoy Says Negotiating Nations Deem North Korea |
| HANOI, Vietnam — North Korea |
| Source: www.foxnews.com |
| Blair meets troops in Afghanistan |
| LASHKAR GAH, Afghanistan (AP) -- British Prime Minister Tony Blair met Monday with soldiers fighting the resurgent Taliban in the country |
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Europe |
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| Gunman dies after storming school |
| A gunman has been found dead after storming a school in Germany, injuring a teacher and several pupils. |
| Source: www.bbc.co.uk |
| Poisoned Russian ex-spy |
A former Russian KGB colonel living in Britain and poisoned by the toxic chemical thallium remains in a serious condition in hospital.
Alexander Litvinenko, 43, an ex-KGB colonel and vocal critic of President Vladimir Putin, fell ill on 1 November after a meeting at a London sushi bar.
A clinical toxicologist said he had been poisoned with a potentially lethal dose of the metal thallium. |
| Source: www.bbc.co.uk |
| Spain, France and Italy Present Mideast Peace Plan |
GERONA, Spain — Spain, France and Italy presented a Mideast peace initiative Thursday, asserting that Europe must step forward to try to end years of Israeli-Palestinian bloodshed that they termed intolerable.
The five-point blueprint put forward by Spanish Prime Minister Jose Luis Rodriguez Zapatero closely mirrors a deal the moderate Palestinian president is offering Hamas to form a national unity government, and it makes no explicit reference to the need for Hamas to recognize the Jewish state |
| Source: www.foxnews.com |
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| U.S. Vetoes U.N. Security Resolution Condemning Israeli Hostilities |
| UNITED NATIONS — The United States vetoed a U.N. Security Council draft resolution Saturday that sought to condemn an Israeli military offensive in the Gaza Strip and demand Israeli troops pull out of the territory. |
| Source: www.foxnews.com |
| Egypt arrests another blog critic |
Police in Cairo have detained a blogger whose posts have been critical of the Egyptian government.
Rami Siyam, who blogs under the name of Ayyoub, was detained along with three friends after leaving the house of a fellow blogger late at night.
No reasons have been given for Mr Siyam |
| Source: www.bbc.co.uk |
| Israel dismisses new peace plan |
Israel has dismissed a Middle East peace plan put forward by Spain, France and Italy.
The plan calls for a ceasefire and increased international intervention in the Israeli-Palestinian conflict.
An Israeli official said parts of the plan were being discussed, but it was not being taken seriously as it was not co-ordinated with the EU or Israel. |
| Source: |
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Romania |
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Politics |
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| PNL to sort out ‘Flutur’ crisis today, as PM Tariceanu says no huge loss registered |
Agriculture Minister, together with other 27 MPs and local leaders have joined Stolojan’s platform. Liberal President hinted to the fact that many of those who betrayed no longer find their place in PNL.
Liberal President Calin Popescu Tariceanu has been left by one of his Vice-Presidents, namely the Agriculture Minister, Gheorghe Flutur, together with 27 MPs and presidents of county branches, who have joined Theodor Stolojan’s platform. |
| Source: www.nineoclock.ro |
| Three running for PSD presidency |
After Mircea Geoana and Sorin Oprescu, former presidential adviser Nicolae Serban announces candidature for PSD presidency.
Troubled waters in PSD are far from clearing up. The party unity around incumbent President Mircea Geoana was seriously questioned last weekend, when another two Social Democrats, Sorin Oprescu and Nicolae Serban, announced their intention to run for PSD President in the special congress due on December 10. |
| Source: www.nineoclock.ro |
| Stolojan, Stoica initiate dialogue with new dissidents |
The two initiators of the Liberal Platform claim pressure and intimidation methods used by Tariceanu didn’t work out with Agriculture Minister.
BUCHAREST – Theodor Stolojan and Valeriu Stoica, the two former Liberal leaders excluded from the party and promoting the Liberal Platform, immediately hailed the decision made by Flutur and the other, and stated they would immediately become their dialogue partners. |
| Source: www.nineoclock.ro |
| Ten year celebration since first alternation in power in post-1989 Romania |
| Ex-President Emil Constantinescu, along with former members of the 1996-2000 government took part at the Parliament Palace Friday in a reception occasioned by the celebration of ten years since the first alternation in power in post-communist Romania. “This is not an occasion for nostalgic remembrance, but an occasion to meet and look ahead. We have a past that we are proud of and a future which gives us hope,” the former Head of State pointed out. |
| Source: www.nineoclock.ro |
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Economy |
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World |
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| Nasdaq bids over $5B for LSE |
Company also boosts its current share in London Stock Exchange, protecting against counter-bids.
LONDON (Reuters) -- Nasdaq launched a $5.1 billion offer for the London Stock Exchange on Monday in a bid to become the world |
| Source: www.cnn.com |
| Copper miners in $25.9bn merger |
| US mining giant Freeport-McMoran has agreed to buy its larger rival Phelps Dodge - creating the world |
| Source: www.bbc.co.uk |
| Nobel-Prize Winning Economist Milton Friedman Dies at 94 |
Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of three U.S. presidents, died Thursday at age 94.
Friedman died in San Francisco, said Robert Fanger, a spokesman for the Milton and Rose D. Friedman Foundation in Indianapolis. He did not know the cause of death. |
| Source: www.foxnews.com |
| Russian steelmaker to pay $2.3B for Oregon Steel |
| Deal creates world |
| Source: www.cnn.com |
| U.S. welcomes Russia to WTO |
| Bilateral deal removes major snag blocking Russia |
| Source: www.cnn.com |
| HBO to Launch Online Comedy Channel Through AOL |
Pay cable TV network HBO, whose shows such as "The Sopranos" have earned critical acclaim, will launch an Internet channel with original programming early next year in partnership with AOL.
The cable television network said the new site, called "This Just In," will feature original programming and not full-length shows from the cable network.
Its first Internet foray outside of marketing-centric HBO.com comes amid ongoing discussions with cable operators and affiliates over how to reach new viewers on the Internet, an HBO spokesman said. |
| Source: www.foxnews.com |
| Vodacom gets African growth boost |
South African mobile phone firm Vodacom has been boosted by the announcement that it can now expand across Africa.
Previously, the firm - which is jointly owned by South Africa |
| Source: www.bbc.co.uk |
| Nintendo Wii debuts, fans line up for consoles |
| Nintendo |
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Doing |
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| Romania |
The Romanian economy has a growth potential of almost 7% growth over the next few years, an increase from less than 6%, which has been the norm in recent years, the National Forecasting Commission (CNP) says.
The growth potential increased as a result of foreign investment and of the productivity gain, Ion Ghizdeanu, CNP chairman, told a seminar discussing macroeconomic issues.
He sees the growth potential of the Gross Domestic Product at close to 7% a year until 2009. "This potential can be achieved, provided that no problems arise," the head of the National Forecasting Commission stated yesterday.
The potential estimated for this year is 7. |
| Source: www.zf.ro |
| Romania churns out malls faster than most of Europe |
The stock of retail space in Romania will increase by 50 hectares by the end of next year, which puts it among the top ten countries in Europe. This is what a survey by real estate company Jones Lang LaSalle found.
The growth pace on this dynamic segment of the real estate market exceeds the levels recorded in France, Belgium, Sweden and Hungary, but is lower than in Italy, Spain, Germany, Russia, Poland and Turkey. |
| Source: www.zf.ro |
| Top 100 richest companies in Romania |
Petrom, BCR and Orange are, in this order, the most valuable Romanian companies, as shown by the "Top 100 most valuable companies in Romania" yearbook, published by ZIARUL FINANCIAR, which comes out today. Petrom was valued at 8.97 billion euros, BCR at 6.07 billion euros and Orange at 4.81 billion euros. Vodafone comes next, 4.33 billion euros, followed by BRD - 3.57 billion euros.
The ranking was put together by taking into account the market capitalisation in the case of the listed companies and the financial results of the last few years for the companies that are not listed, the debts, the market share and, more importantly, the value of the transactions on their respective business segment lately. |
| Source: www.zf.ro |
| Foreign textile manufacturers eye domestic market |
Major European clothing manufacturers are choosing to locate their factories in Romania, mainly because of the cheap workforce and the possibility of their investment quickly paying off, companies in the industry say.
"When Romania becomes a EU member, the domestic textile industry will strengthen, due to faster deliveries as well as the highly-qualified workforce it offers," states Dietmar Stiel, general manager of Avanz M.C, a German consultancy firm, which has been operating locally since 1992.
Although some of the domestic players, such as the representatives of Pasmatex Timisoara argue that companies will no longer work under the outsourcing system in Romania, a series of foreign manufacturers are interested in expanding their business locally, by collaborating with domestic producers. |
| Source: www.zf.ro |
| International supermarket chains go shopping |
International retailers have set their eyes small local supermarket chains, in their pursuit of the best locations for expansion.
Seven stores from the country have been already taken over this year, but the acquisitions will not stop here, say the international supermarket operators. |
| Source: www.zf.ro |
| Americans to manufacture airbags in Sighisoara |
Airbag production of Sighisoara-based Parat Ro, which will be taken over by the American group ASCI (Automotive Safety Components International), will double in the next 3-5 years, and reach 12 million units, said Harald Gitschner, general manager of Sighisoara-based Parat Ro.
Parat Ro |
| Source: www.zf.ro |
| Emerson to start works on second plant in Cluj |
American group Emerson, world leader in the industry of electrical engines, has announced it intends to start building the second plant in Cluj-based industrial park Tetarom II. "We are currently at the design stage, but we are planning to start construction by the end of this year.
The new plant will produce high-capacity alternators, and construction works are to be completed in the autumn of 2007," Calin Banciu, general manager of Emerson Romania told ZF.
Emerson will also complete its first Cluj-based plant next year in July, following an approximately 25-30 million-euro investment. This production facility will have an approximately 6,000 square-metre area and will also include a research centre,
REDEC - Romanian Emerson Development Engineering Center - that will be the basis of the American company |
| Source: www.zf.ro |
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