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Saturday, November 21, 2009
News Making Money

Georgian FM Renounces Russian Citizenship

04/11/2009 17:06 (16 Day 20:18 minutes ago)

The FINANCIAL -- According to Civil Georgia, Grigol Vashadze, Georgia’s foreign minister, who holds double Georgia-Russian citizenship, said he had appealed to President Medvedev to renounce his Russian citizenship.

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“I appealed the President of Russian Federation yesterday; I put my [Russian] passport in the envelope [to send it]; hence I have terminated my responsibilities as a Russian citizen,” Vashadze told journalists on November 4.

 

“I am not a citizen of Russia any more,” he added.

 

The announcement comes after a Russian lawmaker Semyon Bagdasarov called for depriving Vashadze of his Russian citizenship, citing Vashadze’s as he put it anti-Russian position. The Russian State Duma, however, refused to consider the proposal on the grounds that such procedure of depriving citizenship was not envisaged by the Russian constitution.

 

Vashadze, who has lived in Russia for about 30 years, worked for the Soviet Foreign Ministry between 1981 and 1988. After quitting the diplomatic service he was engaged in a private business, before President Saakashvili offered him to take the post of the Deputy Foreign Minister in 2008.
 
In an interview with the Russian daily Kommersant in December, 2008, Vashadze said when asked if he wanted to reject the Russian citizenship after the August war: “No. I’ve got no citizenship of the Russian government. Government will go, but Russia and the Russian people will remain and they will make appropriate conclusions about what has happened in August.”

 

 

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (1 Day 00:49 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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

21/11/2009 13:05 (00:19 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 (01:08 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.

Dozens arrested in UC Berkeley protest

21/11/2009 11:39 (01:45 minutes ago)

The FINANCIAL -- Officials say dozens of people occupying a campus building at the University of California, Berkeley, have been arrested. Students had barricaded themselves inside the university to protest budget cuts and steep hikes in student fees.

Six powers urge Iran to accept UN scheme

21/11/2009 10:35 (02:49 minutes ago)

The FINANCIAL -- According to RIA Novosti, political directors, or deputy foreign ministers, from Russia, the U.S., the U.K., China, Germany and France held talks in Brussels on November 20 urging Iran to agree to a UN-proposed scheme.

CityLife
Miley Cyrus tour bus crashes, killing the driver

21/11/2009 12:20 (01:04 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 (02:44 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 (01:52 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 (02:08 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 (00:23 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 00:45 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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