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Russia loses $25b due to shell firms
The network of the fly-by-night companies has illegally funneled 760 billion rubles (about $25 billion) from Russian economy in the past three years, the outgoing chief of the Central Bank said Wednesday."This May, we received an official inquiry from the Interior Ministry about some organizations that were used for the illegal financial transactions by suspects in one of criminal ...
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Italy edge spirited Japan to seal final-four spot
Second-half substitute Sebastian Giovinco scored a dramatic 86th-minute winner on Wednesday as Italy defeated Japan 4-3 in a pulsating Confederations Cup Group A match.The result secured Italy and Brazil a place in the semifinals while eliminating Japan and Mexico from the tournament, considered a warmup event for next year's World Cup.CSKA Moscow midfielder Keisuke Honda and Manchester ...
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European patent still pending
This microsite has been made possible by support from the European Patent Office (EPO). The sponsor has no control over the content for which European Voice retains full editorial responsibility. EPO maintains a sponsored content section on this microsite. EPO articles are labelled as sponsored ...
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Russia rejects Obamas nuke cut proposal
US Navy guided-missile frigate USS Vandegrift (background) and a Russian diesel submarine take part in a naval parade at the harbour of Russia's far eastern city of Vladivostok in this July 25, 2010 file photo. Russia marks Navy Day on Sunday. US President Barack Obama said on June 19, 2013, he will pursue a new reduction in deployed nuclear weapons by up to a third below the level ...
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Italys Prandelli Sweats Over Players Fitness
RECIFE, Brazil ...
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Italy kick Japanese to touch
(35 mins ago) Italy booked their place in the semi-finals of the Confederations Cup in Recife, Brazil with a thrilling come-from-behind 4-3 win over Japan that also sent Brazil into the last four. The Italians looked to be heading for a shock defeat after going 2-0 down to Japan midway through the first half, with Keisuke Honda slotting a 21st-minute penalty before Manchester United star ...
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Italy Overhaul Japan to Reach Confederation Cup Semis
RECIFE, Brazil ...
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Human Rights Film Fest Highlights Abuses Conflicts in US and Abroad
NEW YORK -- Ninety-nine Percent--The Occupy Wall Street Collaborative Film, a portrait of the protest movement that began in 2011 in New York’s financial district, is one of the more unusual of 20 new offerings at this year’s Human Rights Watch Film Festival in New York. It was shot by teams around the United States, and anyone who wanted to participate could do so. "We thought ...
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Euro ministers to decide direct bank recapitalisation rules on Thursday
By Jan StrupczewskiBRUSSELS (Reuters) - Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth.Ministers from the 17 countries using the euro will also set guidelines for how much a government would have to contribute to such a bank rescue, ...
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World Briefing | Europe British Court Rules Against Sanctions on Iranian Bank
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Italys highest court rejects Berlusconis legitimate
Italy's highest court on Wednesday rejected an appeal of former premier Silvio Berlusconi who argued that a 2010 hearing of a trial which convicted him of tax fraud should never have taken place due to his right to "legitimate impediment" that was denied.According to the highest court, in 2010 the then premier, who did not appear in a Milan court hearing the Mediaset case, set a ...
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Greek coalition leaders fail to reach compromise over
Greece's coalition leaders failed to reach a compromise over the rift regarding the fate of the state broadcaster ERT which has shaken the government over the past week, triggering scenarios of snap elections, during talks on Wednesday.Consultations will resume on Thursday evening, the ruling coalition's junior partners said after a meeting with Prime Minister Antonis Samaras, noting ...
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Czech ODS nominates Nemcova as new prime minister
Czech Chamber of Deputies chairwoman Miroslava Nemcova is nominated by the Civic Democratic Party (ODS) as prime minister after the resignation of Prime Minister Petr Necas, ODS acting leader Martin Kuba said after a meeting of the party board on Wednesday.Necas resigned due to the scandal involving his closest aide Jana Nagyova on Monday. The ODS has already informed TOP 09 leader Karel ...
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Romania to sell state-owned nuclear power corporation
The Romanian government on Wednesday passed a decision concerning the privatisation of the national nuclear power corporation Nuclearelectrica, announced Minister-delegate for Energy Constantin Nita."After the decision, all the other steps have to be taken, namely convening the general shareholders' meeting, publishing the prospectus and the decision," explained Nita, adding that ...
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Russia eyes threat of preemptive strike in its defense strategy
Russia must take into account the possibility of a preemptive nuclear strike against its interests and include it in its defense strategy, President Vladimir Putin said Wednesday."Not only the US but also other countries are busy improving their offensive weapons, including middle-range missiles. Practically all our neighbors develop these systems," Putin told a meeting in one of the ...
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Romania to purchase used F-16 jets from Portugal
The Romanian government on Wednesday announced it plans to purchase a 12-strong squadron of used F-16 multirole fighters from Portugal, to replace the current Soviet-built MIG-21 Lancers.A draft piece of legislation concerning the acquisition was passed by the cabinet and will be submitted to parliament for final approval, according to the press office of the government.Romania will probably ...
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Vocational education training should meet needs of young people
Scottish First Minister Alex Salmond on Wednesday said it was vital to ensure that available vocational education and training fully meet the needs of young people and businesses.Addressing an economic forum in Scotland, Salmond said people, especially young people, having opportunities for fulfilling work is one of the most important obligations of politicians and parliaments.Youth unemployment ...
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Police seize 70 kg marijuana in southern Albania
Albanian police in the southern region of Gjirokaster seized over 70 kg of marijuana late Tuesday, regional police said on Wednesday.Three suspected drug traffickers from Tepelena were declared wanted, the police said."The marijuana haul was seized in the village of Hormove, about 20 km from the town of Tepelena," regional police said, adding that the drugs were divided into three ...
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Thrills aplenty as Brazil Italy advance
Italy mean that they have booked their place in the semi-finals, which take place on Wednesday 26 and Thursday 27 June in Belo Horizonte and Fortaleza respectively. The two teams meet in Salvador on Saturday in what effectively is a play-off for the top spot in Group A, although the UEFA EURO 2012 side will have to win on account of the hosts's superior goal difference. ...
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Air France-KLM Finalizes A Firm Order For 25 Airbus A350
This morning, Air France-KLM finalized a firm order with the European ma nufacturer Airbus for 25 A350-900 plus a further 25 on option. The sign ing took place at the 50th International Air Show at Le Bourget near Paris, in the presence of Alexandre de Juniac, Chairman and CEO of the Air France - KLM Group as of 1 July 2013 and Fabrice Bregier, Chairman and CEO of Airbus. The A350-900 will be ...
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Dolce and Gabbana get jail for $268m tax dodge
ROME: An Italian court on Wednesday sentenced fashion house duo Dolce & Gabbana to one year and eight months in prison for tax evasion of 200 million ($268 million). They were also ordered by the court in Milan to pay a fine of 500,000 to Italy's national tax agency. Lawyers for Dolce and Gabbana, whose celebrity clients include Beyonce and Madonna, immediately said they will appeal, ...
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Russia’s Birth Rate up 30 Since 2007 - Minister
MOSCOW, June 20 (RIA Novosti) - The birth rate in Russia grew 30 percent since 2007, Russian Minister of Labor and Social Protection Maxim Topilin said on Wednesday. In his interview with the Ekho Moskvy radio station, the minister attributed the trend in part to the introduction of the so-called "maternity capital" on January 1, 2007. "During this period, the birth rate ...
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Apology to Spain’s Princess Cristina for tax office error
Princess Cristina receiving an apology from a senior government minister yesterday. Last week, the tax office informed an investigating judge that Cristina, King Juan Carlos's younger daughter, had sold 13 properties worth a total of EUR1.4 million in 2005 and 2006. The revelation was part of an inquiry by Judge Jos Castro to decide whether the princess and her ...
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Italy rallies to beat Japan advances to semis
Italy rallied from a two-goal deficit to beat Japan and countryman Alberto Zaccheroni 4-3 Wednesday, earning a spot in the Confederations Cup semifinals. First-half substitute Sebastian Giovinco scored the winner in the 86th minute of an entertaining match at the Arena Pernambuco, pounding home a cross from Claudio Marchisio. After a dismal start for the Azzurri that saw Japan score twice in ...
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New respiratory virus worse than SARS
A MYSTERIOUS new respiratory virus that originated in the Middle East spreads easily between people and appears more deadly than SARS, doctors ...
Turkey Digest
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Turkey remains bridge between civilisations in railway plans
Turkey is often described as the gateway between two great civilisations, this is a theme employed commonly in our promotional material to encourage tourism and it has been invoked as part of the rhetoric used in ongoing efforts to join the EU, but the fact remains that Turkey is a key player in the world of geopolitics and this is seen most clearly in two major railway projects currently being planned between three regions of the world.
Turkey’s largest city, Istanbul, is famous for being the only metropolitan region in the world that spans two continents, sitting as it does in both between Asia and Europe. This idiosyncrasy of the city has made it a popular tourist destination due to the diversity of culture and architecture, but on a wider scale, the geopolitical significance of Turkey is growing and will indeed grow further if two major infrastructure plans in the Middle East and Asia take shape in the next few decades. Read more
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