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Saturday, November 21, 2009
News Making Money

EUMM Welcomes Release of 21 Georgians

31/10/2009 13:02 (21 Day 03:05 minutes ago)

The FINANCIAL -- According to Civil Georgia, EU Monitoring Mission in Georgia (EUMM) called on law enforcement agencies on the both sides of the South Ossetian administrative border “to exercising flexibility” in dealing with cases of accidental trespassing of the administrative border.

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21 Georgian citizens were arrested by the Russian Federal Security Service’s border guards, stationed in breakaway South Ossetia, earlier this week in two separate incidents. Five of them were released on October 29 and 16 others on October 30.

 

“The nature of the administrative divide and the traditionally tight network of contacts between local residents are likely to keep resulting in accidental straying, especially during the harvesting season,” EUMM said on October 30.

 

“Within the framework of the Incident Prevention and Reaction Mechanism, participants have repeatedly supported a gentlemen’s agreement according to which accidental trespassers should be sent back without being arrested or detained.  A coherent implementation of this agreement would help prevent similar incidents and would positively impact on the living conditions of the local population.”

 

Welcoming the release of 21 Georgians, head of EUMM, Hansjörg Haber, said that cooperation between Georgian, South Ossetian, Russia and EUMM representatives “proved crucial” in bringing this case of detention of the Georgian citizens “to a prompt resolution.”

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (02:13 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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World News
Christian leaders issue "The Manhattan Declaration: A Call of Christian Conscience."

21/11/2009 14:25 (01:42 minutes ago)

The FINANCIAL -- A group of prominent Christian leaders and scholars unveiled a joint declaration on November 20. The declaration issues a clarion call to Christians not to accept rules and laws concerning abortion and gay marriage.

U.S. to send expert group to N.Korea ahead of envoy's visit

21/11/2009 13:51 (02:16 minutes ago)

The FINANCIAL -- According to RIA Novosti, the United States will send a group of experts on Korean affairs to North Korea on November 21 for talks on the country's nuclear program, ahead of a visit by Washington's envoy, Yonhap news agency said.

Americans Have Very Different Attitudes to Different Countries in, or Near the Middle East

21/11/2009 13:05 (03:02 minutes ago)

The FINANCIAL -- Americans may not be known for being good at geography or history, but they do have very different opinions of different countries, including countries in or near to the Middle East.

UN panel criticizes Iran over post-election crackdown

21/11/2009 12:16 (03:51 minutes ago)

The FINANCIAL -- According to RIA Novosti, the UN General Assembly's human rights committee has passed a resolution condemning the Iranian government for the crackdown on protests following the June presidential election.

CityLife
Miley Cyrus tour bus crashes, killing the driver

21/11/2009 12:20 (03:47 minutes ago)

The FINANCIAL -- The driver of a tour bus for Miley Cyrus died on November 20 when the vehicle crashed in Virginia, another person was injured when the bus, one of several in a group carrying the singer's band and crew, ran off the side of the road and overturned. The 16-year-old “Hannah Montana’’ star Miley Cyrus wasn’t on board.



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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (05:27 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.

Jobs
ILO Governing Body calls for comprehensive crisis response

21/11/2009 11:32 (04:35 minutes ago)

The FINANCIAL -- The Governing Body of the International Labour Office called for an “employment oriented” response to the global economic crisis based on policy measures set out in the ILO’s Global Jobs Pact.

TRAVEL BIZ
Carlson Hotels Appoints Michael Hutchins as Vice President of Development for Radisson Hotels & Reso

21/11/2009 11:16 (04:51 minutes ago)

The FINANCIAL -- Carlson Hotels Worldwide on November 20 announced the appointment of Michael Hutchins to the position of vice president of development for Radisson Hotels & Resorts for the Eastern United States and Canada. Radisson is the flagship, full-service brand for the hotel division.

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Oil&Auto
All-new Kia Soul awarded 2010 'Top Safety Pick' by Insurance Institute for Highway Safety in the U.S

21/11/2009 13:01 (03:06 minutes ago)

The FINANCIAL -- Further exemplifying its exceptional quality and safety, the 2010 Kia Soul has yet again been recognized by the Insurance Institute for Highway Safety (IIHS) in the U.S. and been given a 2010 'Top Safety Pick' award for the second consecutive time this year in the Small Car category.

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INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (2 Day 03:28 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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