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World - Ivory Coast must host match or face Cup of Nations

African football giants Ivory Coast will be expelled from the 2015 Africa Cup of Nations if they do not host Ebola-hit Sierra Leone in their qualifier on Saturday, the African Football Confederation (CAF) told AFP on Monday. The Ivory Coast government had said it was refusing to allow the game to be played in Abidjan but the country`s federation had not announced a country ready to host it instead. `CAF regulation which applies here states that: If, for any reason whatsoever, a team withdraws from the competition or does not report for a match, except in cases of force majeure accepted by the Organizing Commission or refuses to play or leaves the ground before the regular end of the match without the authorization of the referee, it shall be considered the loser and shall be eliminated for good from the current competition,` CAF`s head of media Junior Binyam told AFP by email.

Monday, September 01, 2014  23:51


Business - China anti-trust probes not protectionist, regulator says

China`s latest antitrust probes, which have hit firms such as Microsoft and Volkswagen AG , are not protectionist tools that favor domestic firms, an official of the country`s price regulator told the official China Daily. In an interview, Xu Kunlin, director general of price supervision and the anti-monopoly bureau at the National Development Reform Commission, reiterated that the agency was giving equal treatment to local and foreign companies. The probes, which have scrutinized at least 30 foreign firms so far as China seeks to enforce a 2008 anti-monopoly law, have worried U.S. `Such accusations are groundless and baseless,` the China Daily quoted Xu as saying.

Tuesday, September 02, 2014  03:10


Top Stories - L.A. Mayor proposes $13.25 minimum wage

Los Angeles Mayor Eric Garcetti proposes raising minimum wage from $9 to $13.25 by 2017

Tuesday, September 02, 2014  01:11


World - EU`s Barroso condemns Russian incursion in call with Putin

European Commission President Jose Manuel Barroso condemned `significant incursions` by Russian forces into Ukraine in a phone call with Russian President Vladimir Putin on Friday, the EU said. `In a very frank exchange of views, the president of the Commission expressed his deep concern with the current events and the situation on the ground in Ukraine,` the Commission said in a statement. Barroso told Putin he firmly condemned `the evidence of significant incursions into and operations on Ukrainian soil by Russian military units`. The European Commission reiterated in the statement that `further detribalization of Ukraine and the region will carry high costs.` (Reporting by Adrian Croft;

Friday, August 29, 2014  18:14


World - India to chip in with five percent of global rare earth output

By Krishna N Das NEW DELHI (Reuters) - India is commissioning a plant to produce up to 5,000 tonnes of rare earths a year, a state company official told Reuters, which could help it contribute about 5 percent to the global supply of the metals used in cameras, cars, iPhones and wind turbines. India`s emergence as a supplier, albeit a small one, would be good news for countries like Japan, which up to now have had to rely mostly on China for rare earths production. The plant in the state of Odisha would produce rare earth oxides by processing monazite from beach sand, said S. Surya Kumar, head of the Rare Earths Division for state-owned Indian Rare Earths, part of the Department of Atomic Energy. Kumar did not give a timeline for when rareearth oxides will start flowing from the Odisha plant.

Thursday, August 28, 2014  12:43


Business - France`s Moscovici set for EU economy role, under supervision

Former French finance minister Pierre Moscovici has a `good chance` of being named to the European Commission`s top economic and monetary job, a French diplomatic source said on Monday, as attention turned to the line-up of the next EU executive. EU leaders on Saturday appointed Polish Prime Minister Donald Tusk as the next president of the European Council, chairing and preparing policymaking EU summits, and Italian Foreign Minister Federica Mogherini as foreign policy chief. European Commission President-elect Jean-Claude Juncker, who was chosen in July, is expected to unveil the new EU executive team early next week, a Commission source said. Juncker is still battling member states to get more women nominees to avert a possible clash with the European Parliament.

Monday, September 01, 2014  16:20


World - Foreign Minister Timmermans is Dutch EU commissioner candidate: Dutch paper

Dutch Foreign Minister Frans Timmermans has been put forward by the Netherlands as the Dutch candidate for a European Commission post, a newspaper reported on Monday. The Netherlands is seeking the post of deputy commission head, under incoming European Commission President Jean-Claude Juncker, with a `hefty portfolio`, Dutch daily de Volkskrant said, citing unnamed sources in Brussels. Timmermans gained international prominence with a speech at the United Nations following the July 17 shooting down over Ukraine of Malaysian Airlines flight MH17, which had 196 Dutch nationals on board.

Monday, September 01, 2014  08:59


World - Pakistan PM dismisses political crisis as `tiny storm`

Pakistan`s Prime Minister Nawaz Sharif on Saturday dismissed a political crisis triggered by protests aimed at unseating his government as `a tiny storm` that would be ended soon. Thousands of supporters of opposition leader Imran Khan and populist cleric Tahir-ul-Qadri have been camped outside parliament since August 15 demanding Sharif quit, claiming the election which swept him to power last year was rigged. `We have already accepted all their demands, of electoral reforms and establishment of a commission,` Sharif said, referring to a judicial commission to investigate rigging claims. Sharif added the findings of the judicial commission would be made public and would be acceptable to his government, but Khan again on Saturday rejected this and reiterated his demand that Sharif resign.

Saturday, August 30, 2014  18:46


World - EU`s Barroso says ready to impose strong Russia sanctions

European Commission President Jose Manuel Barroso said on Saturday the EU was prepared to toughen sanctions against Russia over the Ukraine crisis but also that it wanted a political deal to end the confrontation. At a news conference in Brussels with Ukrainian President Petro Poroshenko, Barroso said: `We are ready to take very strong and clear measures but we are keeping our doors open to a political solution.` He described any tightening of sanctions as intended not to escalate the crisis but to push Moscow to negotiate and he stressed that the EU did not want confrontation - `it makes no sense to have ... a new Cold War` - and said that would be `detrimental to all of Europe`. Poroshenko, echoing comments by EU officials, said he expected a summit of EU leaders later on Saturday to make a formal request to the EU`s executive Commission to draw up new sanctions measures that could be implemented if necessary. Commission President Barroso noted that his staff already had a broad range of options to propose to member states.

Saturday, August 30, 2014  12:25


World - First conviction in Malawi`s `Cashgate` scandal

A Malawi court has made the first conviction of a senior official in the so-called `Cashgate` scandal that led to the suspension of foreign aid and helped push a government from power. Senzani was arrested last year after a probe found she issued two government cheques to her own company even though it did not provide any services. A report by British auditors commissioned by former president Joyce Banda showed that at least $30 million had been stolen from the government over a six-month period last year. The scandal had prompted foreign donors -- who provide around 40 percent of Malawi`s budget -- to pull the plug on aid of around $150 million (110 million euros).

Friday, August 29, 2014  20:27

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