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Saturday, November 21, 2009
News Making Money

Russia, Ukraine to jointly seek release of crew seized in Congo

03/11/2009 11:54 (18 Day 04:30 minutes ago)

The FINANCIAL -- According to RIA Novosti, Russian and Ukrainian diplomats will join efforts to seek the release of the crew of a cargo vessel accused of a murder in the Congo, the Russian Foreign Ministry said in a statement on November 2.

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The 23-member crew of the Island of Luck vessel, including 15 Ukrainian s and four Russians, was detained on October 20 in Matadi, the chief sea port of the Democratic Republic of the Congo. Congolese police have accused the crew of murdering a local resident and beating several others.

 

The vessel brought 12 metric tons of rice worth $12,000 to Matadi on October 4. When preparing to release the ship from port, Congolese officials found three locals in the water near the vessel. The suspected illegal migrants were allegedly beaten by the crew and thrown overboard. A fourth reportedly drowned.

 

However, no traces of violence were found on three of the Congolese men, while the body of the fourth was buried without an autopsy on October 22.

 

The president of the Association of Sea Captains in the Russian Far East, Pyotr Osichansky, said the Russian sailors had appealed to Russian authorities for assistance in order to return home.

 

"The passports have been seized from the crew," Osichansky said.

 

The Russian Foreign Ministry said on its website on November 2 that "the Russian Embassy in Kinshasa [the Congolese capital] is keeping the situation under control."

 

A Russian embassy source told RIA Novosti that no official charges had yet been brought against the crew and the Ukrainian members of the crew were the chief suspects.

 

A spokesman for the Victoria Oceanway Ltd., the operator of the ship, said Ukrainian diplomats had been informed of the situation and that the Ukrainian ambassador was likely to arrive in Kinshasa later on November 2.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (02:30 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 (01:59 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 (02:33 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 (03:19 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 (04:08 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.




Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (05:44 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.

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

21/11/2009 11:16 (05:08 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 (03:23 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 03:45 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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