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Saturday, November 21, 2009
News Making Money

Bakradze Comments on Detention of Georgian Teens

06/11/2009 17:51 (14 Day 20:21 minutes ago)

The FINANCIAL -- According to Civil Georgia, Georgian Parliamentary Chairman Davit Bakradze said on November 6 that “kidnapping” of Georgians in the Tskhinvali region is “at least agreed with [Russian] servicemen stationed there.”

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“We have all grounds to suppose that it is coming from Russia and Russia’s attempt to create a context for another aggressive action stands behind it,” Bakradze said at the parliament’s session. “Therefore, we should not give them such context and we should act very vigorously… We should not allow Russia to use such incidents as a pretext and precondition for its own aggressive intentions.”

 

Bakradze made these remarks while commenting on the detention of four Georgian teenagers by the South Ossetian side on November 4. All of them still remain held in the breakaway region.  Recently Tskhinvali released 21 Georgians detained by Russian border guards for “violation of South Ossetian border.”

 

MP Akaki Minashvili of the ruling party, who chairs parliamentary committee for foreign affairs, said at the session that these recent facts confirm that “the EU Monitoring Mission is not so effective as to avert provocations on this territory.”

 

“We should convince our partners to increase the functions of this mission in a short-term perspective as well as to transform it into a peacekeeping police force in a long-term perspective. It requires very serious political pressure, first of all on Russian Federation,” Minashvili said.

 

These remarks followed after MP Nika Laliashvili of Christian-Democratic Movement, a leading party in the parliamentary minority, accused the Georgian authorities of “weakness” to protect its own citizens and demanded to raise the issue of “kidnappings” in frames of the National Security Council.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (00:18 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
U.S. to send expert group to N.Korea ahead of envoy's visit

21/11/2009 13:51 (00:21 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 (01:07 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 (01:56 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 (02:33 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.

CityLife
Miley Cyrus tour bus crashes, killing the driver

21/11/2009 12:20 (01:52 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 (03:32 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 (02:40 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 (02:56 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 (01:11 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 01:33 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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