Offering Clients a Chance to Invest in Facebook
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Lloyd C. Blankfein(Photo:Goødman Sachs) |
Goldman Sachs has reached out to its wealthy private clients, offering them a chance to invest in Facebook, the hot social networking giant that is considering a possible public offering in 2012, according to people familiar with the matter, reports New York Times.
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Diplomats Help Push Jet Sales on Global Market
The king of Saudi Arabia wanted the United States to outfit his personal jet with the same high-tech devices as Air Force One. The president of Turkey wanted the Obama administration to let a Turkish astronaut sit in on a NASA space flight. And in Bangladesh, the prime minister pressed the State Department to re-establish their landing rights at John F. Kennedy International Airport in New York, reports New York Times from Washington.
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Top eleven Trends for Next Year
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Editor Gerald Clemente(Photo:Showbiz.com) |
After the tumultuous years of the Great Recession, a battered people may wish that
2011 will bring a return to kinder, gentler times. But that is not what we are predicting. Instead, the fruits of government and institutional action – andinaction – on many fronts will ripen in unplanned-for fashions. Trends we havepreviously identified, and that have been brewing for some time, will reach maturityin 2011, impacting just about everyone in the world writes the Trends Journal Publisher, Gerald Celente.
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EU condemns Belarus election violence
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President Alexander Likachenko(Neftegaz.ru) |
Belarus President Alexander Lukashenko won a fourth term today (20 December) after a landslide election marred by a violent police crackdown on demonstrators and opposition challengers. The moves were condemned by the EU, reports Euraktiv.com.
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Intelligence Reports Offer Dim Views of Afghan War
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President Barrack Obama(Photo:USGov) |
As President Obama prepares to release a review of American strategy in Afghanistan that will claim progress in the nine-year-old war there, two new classified intelligence reports offer a more negative assessment and say there is a limited chance of success unless Pakistan hunts down insurgents operating from havens on its Afghan border, reports New York Times from Washington.
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Swedish Bombing Suspect’s Drift to Extremism
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Prime Minister Fredrik Reinfeldt(Photo:Pawel Flato) |
Those who knew the prime suspect in the Stockholm bombings described him as highly intelligent as a child in Sweden, but stubborn and often in trouble. Those who prayed and studied with him in England, where he attended college from 2001 to 2004 and reportedly lived until weeks before the attack, spoke of a friendly associate who fervently sought an audience for increasingly extremist views but was quick to anger and slow to forgive, reports New York Times.
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A Secretive Banking Elite Rules Trading in Derivatives
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James Johnson, chair compensdation comitee(Photo:Goldman Sachs) |
On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential, writes New York Times.
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Mob must be Punished, says Cameron
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Prime Minister David cameron(Photo:PMO) |
David Cameron today demanded that tuition fee thugs face the "full force of the law" amid calls for an independent inquiry into the mob attack on the Prince of Wales and the Duchess of Cornwall. But the Prime Minister defended Scotland Yard's handling of the situation, insisting there was no excuse forthe "appalling" violence and vandalism, writes The Independant.
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Tax Deal Suggests New Path for Obama
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President Barrack Obama(Photo:USGov) |
President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy, reports New York times from Washington.
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France Finds Continental Guilty in Concorde Crash
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Jeffery A. Smitek(Photo:United) |
A French judge ruled Monday that Continental Airlines and one of its mechanics were guilty of involuntary homicide for their role in the 2000 crash of an Air France Concorde jet that killed 113 people and hastened the end of commercial supersonic travel, reports new York Times from Paris.
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Cables Suggest Mideast Resists U.S. on Cutting Terrorists’ Cash
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Former president George W. Bush( Photo:USGov) |
Frances Fragos Townsend, a senior Bush administration official, speaks to the media. In 2007, she told her Saudi counterparts in Riyadh that President Bush was “quite concerned” about the level of cooperation from the Saudis on terrorist financing.Nine years after the United States vowed to shut down the money pipeline that finances terrorism, senior Obama administration officials say they believe that many millions of dollars are flowing largely unimpeded to extremist groups worldwide, and they have grown frustrated by frequent resistance from allies in the Middle East, according to secret diplomatic dispatches, reports New York Times.
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Obama Seeking Aid for Jobless in Any Deal on Tax Cuts
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Secretaryof Labor Hilda L. Solis(Photo:US Gov) |
The Obama administration is holding out for an extension of unemployment assistance and of a variety of expiring tax breaks for low-wage and middle-income workers as part of a deal with Congressional Republicans to extend all the Bush-era tax cuts, writes The New York Times friday afternoon. Only 39.000 new jobs in the US was less than expected and the unemployment rate reached 9,8 per cent,wrties Nordic-News.com.
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Lars Nyberg's contract extended
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President and CEO Lars Nyberg(Photo:TeliaSonera) |
TeliaSonera's Board of Directors has extended the employment contractfor Lars Nyberg,President and CEO, until December 2013.Lars Nyberg became President and Chief Executive Officer of TeliaSonerain September 2007 and, although he has a right to retire in December2011 at the age of 60, he will continue in his role until the end of 2013, reports Nordic-News.com.
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Greece and Ireland cannot drag down Spanish economy, official says
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Iberia merger with BA(Photo:Iberia) |
The economic problems affecting Greece and Ireland cannot spill over to Spain, a senior Spanish official said last week. Managing director Miguel Hernandez at the Madrid School of Economics is saying to international media that spanish economy could be threatened.
"We were not Greece, nor are we Ireland, nor will we ever be," economy secretary of state Jose Manuel Campa said.
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Jørgen Kildal gets Key Position in E.ON
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Jørgen Kildal in Key position(Photo:E.ON) |
Electricity and gas production as well as global trading and the Group’s energy management optimization across all regions and products will be centrally steered by a new Board function. E.ON has been able to win Jørgen Kildahl, 47 years, for this position. Mr. Kildahl is Norwegian and has served as managing director for trading and generation of the Norwegian energy company Statkraft for many years. Statkraft are investing 82 billion kroner mainly abroad in the years to come, writes Nordensnyheter.no.
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