Stories for October 17th 2009

Saturday, October 17th 2009 - 10:32 UTC

FIFA orders disciplinary investigation into Maradona’s comments

An icon as a player, a controversial figure as coach

FIFA president Joseph Blatter announced Friday from Cairo that the disciplinary committee of the world organization would open a case on Argentine coach Diego Maradona’s comments following the qualifier victory over Uruguay last Wednesday.

Saturday, October 17th 2009 - 10:30 UTC

Chavez suffers “ideological delirium symptoms” claims Caracas mayor

Mayor Antonio Ledezma currently visiting Spain

Venezuela’s capital Caracas Mayor Antonio Ledezma said that President Hugo Chavez suffers from “ideological delirium symptoms” because one day “he enshrines Fidel Castro, another Mao” and sometimes he “even praises Pinochet and Hitler”.

Saturday, October 17th 2009 - 10:29 UTC

US federal deficit hits all time high record of 1.42 trillion US dollars, 10% of GDP

The United States federal deficit is at an all-time high, 1.42 trillion US dollars for fiscal year 2009, which ended September 30. However it was lower than forecasted In August, 1.58 trillion and much less than in May 1.84 trillion US dollars.

Saturday, October 17th 2009 - 10:27 UTC

US criticizes China’s Yuan “rigidity” and reserves accumulation

US manufacturers claim the Yuan is undervalued between 20% and 40%

The US Treasury has criticised China for what it described as the lack of flexibility of the Chinese currency, the Yuan. It also criticised the rapid build-up of China's foreign exchange reserves in a report to the US Congress.

Saturday, October 17th 2009 - 10:26 UTC

UK Revenue looking into tax affaire of 27 Members of Parliament

Controversy extends to failure on paying capital gains tax

The tax affairs of 27 British Members of Parliament are being investigated following inspections of their taxpayer-funded expenses payouts, it has emerged. It follows a warning from the head of HM Revenue and Customs Dave Hartnett in July that politicians would be placed under increased scrutiny in the wake of the exposure of their claims.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement