International

International
Wednesday, May 25th 2016 - 08:52 UTC

Paris police raids Google's offices as part of a tax fraud investigation

About 100 tax fraud police, with 25 computer experts, swooped on Google's offices at 5.00am to investigate charges of aggravated tax fraud and money-laundering.

Paris police raided the headquarters of Google in France on Tuesday as part of an investigation into tax fraud that has been running since 2011. About 100 tax fraud police, including 25 computer experts, swooped on Google's offices at 5.00am to investigate charges of aggravated tax fraud and money-laundering.

Wednesday, May 25th 2016 - 07:02 UTC

UK tremor: North Yorkshire approve fracking operations

 The vote triggered a fierce response from environmentalists who see fracking as a threat to local countryside and a deviation from UK climate-change promises.

The first fracking operation in the UK since 2011 earthquake scares has been approved by North Yorkshire councilors, stirring a fresh debate on the benefits and risks of the controversial gas extraction method. Councilors granted permission to UK firm Third Energy to use hydraulic fracturing, or fracking, at an existing drilling site near the village of Kirby Misperton.

Wednesday, May 25th 2016 - 06:38 UTC

Container shipping “fragile”; third largest firm reports loss in first quarter, plans US$ 1bn in cost cuts

CMA CGM posted a net loss of US$100 million for the first quarter, compared with a US$406 million net profit in the same period of last year

France's CMA CGM, the world's third-largest container shipping firm, reported a first-quarter net loss and targeted US$1 billion in cost cuts to keep operating margins positive during the current market downturn. Weak freight rates in the past year have left many lines operating at a loss.

Tuesday, May 24th 2016 - 08:52 UTC

St Helena celebrates the new airport on her 514th discovery anniversary

Governor Lisa Phillips: The underlying question is will change bring with it progress?

2016 St Helena’s Day celebrations were this year held on Friday 20 May 2016, and were reckoned by all to be a great success. Once again organized by New Horizons and held in lower Jamestown, traditional activities and stalls were arranged in both the Mule Yard and along the Seafront area.

Tuesday, May 24th 2016 - 05:25 UTC

Francis resumes dialogue in the Vatican with the higherst authority of Sunni Islam

Al-Azhar froze meetings in 2011 after taking offence at some comments made by  Pope Benedict: “repetitive and negative statements” about Muslims.

Francis has met the grand imam of Cairo's al-Azhar mosque after a five-year pause in dialogue between the Roman Catholic Church and the mosque, the highest authority of Sunni Islam. Sheikh Ahmed al-Tayeb visited the Vatican en route to a Paris conference involving Muslims and Catholics.

Tuesday, May 24th 2016 - 00:49 UTC

Infantino admits public opinion “views FIFA with skepticism”, following Scala's resignation

FIFA congress in Mexico gave the Council control over appointing and dismissing members of the governing body’s independent compliance and ethics committees.

FIFA president Gianni Infantino admits “the public view FIFA with skepticism” after a series of corruption scandals. But in answer to critics who say a recent move has weakened efforts to reform FIFA, he said “from now on the focus should be on our actions and deeds, rather than on premature conclusions and speculation.“

Monday, May 23rd 2016 - 14:29 UTC

Brexit and Bank of Japan easing described as major risks at G7 finance and central banks meeting

The meeting itself saw contentious positions between Japan and the US on the topic of further BOJ easing.

The G7 finance ministers and central bank governors concluded their 2-day meeting in Sendai, Japan on Sunday. The discussion of international event and banking risk has set the stage for issues to be discussed at the larger G7 leaders’ summit starting on the 26th.

Monday, May 23rd 2016 - 14:09 UTC

Hundreds of thousands in 500 cities worldwide protest against Monsanto

According to the March Against Monsanto (MAM) group, people in around 500 cities held peaceful protests against the corporation’s policies

Hundreds of thousands of people have demonstrated in nearly 50 countries around the globe to protest against the US mega producer company of genetically engineered (GE) seeds Monsanto, saying the corporation’s modified food and chemical herbicides pose grave threats to health.

Monday, May 23rd 2016 - 11:28 UTC

What does the next OPEC meeting have in store?

The new Saudi oil minister, Khalid al-Falih, will attend his OPEC meeting, but experts doubt he will have the same clout as outgoing  Ali bin Ibrahim Al-Naimi.

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels.

Monday, May 23rd 2016 - 11:16 UTC

Paul McCartney ends his tour thanking his Argentine fans for a great week

Paul playing in Cordoba where he filled a stadium with 55.000 fans

Paul McCartney at the end of his latest Argentine tour, in Cordoba and La Plata, thanked all his fans for a great week and for being so loyal. In a brief message, from Time 4 Fan, the former Beatle who has played in Argentina several times underlined that “we always like it in Argentina, because they like us”, and because “it really helps us when we see that you like it: it inspires us to do better, Thanks Argentina”.

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