Farmer jailed in Hong Kong for burning flag

A man has been jailed in Hong Kong for burning the national flag, in the first sentence of its kind.

S Korea suspends savings banks citing weak finances

South Korea has suspended seven local savings banks citing the weak state of their finances.

Japan urges mass evacuation ahead of Typhoon Roke

More than a million people in central and western Japan have been urged to leave their homes as a powerful typhoon approaches.

Burma begins swap scheme for cars over 40 years old

Owners of some of Burma's most antiquated cars have been queuing in Rangoon to exchange their old vehicles for permits to import newer models.

Polio strain spreads to China from Pakistan

Polio has spread to China for the first time since 1999 after being imported from Pakistan, the World Health Organization (WHO) has confirmed.

Showing posts with label leave. Show all posts
Showing posts with label leave. Show all posts

Monday, February 18, 2013

UN: five thousand people leave Syria per day

A boy displaced man looked out of a tent in a village outside Damascus on Tuesday (29/1). (REUTERS/Goran Tomasevic)

Geneva (Reuters)-around five thousand citizens took refuge in Syria from the conflict-ravaged homeland every day the overall number of refugees meanwhile has increased by 25 percent in the last month alone, the UN Refugee Agency, said Friday.

"Five thousand people now cross the border Syria every day," said Adrian Edwards, spokesman for the UN High Commissioner for refugees, reported AFP.

"We now have a 787 thousand refugees who are registered or pending listing," he told reporters in Geneva, while noting that the figure is still on the rise.

The largest number of displaced to Lebanon, which has been holding around almost 270 thousand of refugees Syria. Then Jordan is in second place with about 250 thousand refugees Syria.

About 180 thousand citizens of Syria has fled to Turkey, and about 85 thousand fled to Iraq.

For countries not bordering Syria, Egypt ranked at the top with 15 thousand refugees accommodating, while another approximately 6300 the rest scattered throughout the countries of North Africa.

Edwards said that overall, the number of refugees has increased by a quarter in January, with the rise of 150 thousand on a total number of 600 thousand refugees recorded at the end of December.

The UN estimates that more than 60,000 people have been killed since a revolt against the regime of President Bashar al-Assad began in March 2011. (G003/S012)



News; Finance; Insurance; Health; Cancer



News; Finance; Insurance; Health; Cancer; Car Insurance; Health Insurance

Monday, September 12, 2011

Exclusive: Stark to leave the ECB about buying titles

European Central Bank (ECB) policymaker Juergen Stark speaks during a dinner function at a hotel in Hong Kong April 12,2011. REUTERS/Tyrone Siu

Policymaker European Central Bank (ECB), Juergen Stark speaks during a dinner at a hotel in April Hong Kong 12.2011.

Credit: Reuters/Tyrone Siu

FRANKFURT (Reuters)-member of the Executive Board of the European Central Bank Juergen Stark will resign from Office, because of a conflict about the controversial program purchase securities of the ECB, Reuters sources said on Friday.

The ECB confirmed Stark would be the second German to leave the Bank policymaker this year after exiting the Bundesbank Chief Axel Weber on February-a motion also stimulated by his opposition to the bond program.

The Bank, "Stark said he resigned for personal reasons, but two sources said Reuters was related to the purchase link that has rescued the Italy and Spain last month of the crisis and the euro and European stock markets fell in response.

Bond yield spreads, however, to the periphery fight of Europe were only slightly higher.

Stark's departure would be a blow to the ECB, whose experienced President, Jean-Claude Trichet, is due to retire at the end of October. Trichet will be replaced by Mario Draghi, Italy whose native has been under attack from markets.

"This is remarkable," said Manfred Neumann, professor emeritus of Economics at the University of Bonn and former thesis Adviser to the President of the Bundesbank Jens Weidmann.

"Stark held the same view of buy link as Axel Weber and current Bundesbank President. Is a position that all Germans have. This is a sign of enormous problems within the central bank. The Germans clearly has a problem with the direction of the ECB. "

Stark and Weidmann, along with two other members of the Governing Council 23 Members, against the resurgence of ECB bond-buy last month.

The ECB reactivated the program after a week of 19 pause to help hold down borrowing costs in Italy and in Spain.

The ECB is, however, worried that by purchasing titles sovereigns of Italy's third largest economy-eurozone-only is encouraging the Italian Government to slow down efforts to shore up its finances and has been angry with flip-flopping in Rome.

Stark, 63, had been a member of the Executive Board of six members of the ECB since June 2006 and held the influential economy portfolio.

His tenure in the Council, whose members form the Council of the ECB together with the heads of the National Bank of the euro zone, was until 17 May 31, 2014.

The news that shirk Stark comes amid sharp criticism of the ECB's actions by some economists and politicians in his native Germany.

Trichet took aim at France, Germany and Italy on Thursday to sprinkle the budget rules of European stability and Growth Pact, saying that this contributed to the fiscal mess that finally pushed the ECB to buy the debt troubled economies in bond markets.

"If we embarked on the SMP program (sulfite) ... was because the Governments concerned had not acted properly," he said in an impassioned defense of record of the ECB at its monthly news conference.

(Reporting by Andreas Framke and Alexander Huebner; written by Paul Carrel)



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