Category: International News

JPMorgan reaches $410mn deal with FERC

JPMorgan reaches $410mn deal with FERC

JPMorgan Chase has reached a $410 million settlement with the top US energy regulator, which had accused the giant bank of devising “manipulative schemes” to transform “money-losing power plants into powerful profit centers.” The deal with Federal Energy Regulatory Commission on Tuesday was a record fine. The most recent settlement the FERC had with a [&hellip

‘Britain losing war against e-crime’

‘Britain losing war against e-crime’

A group of British MPs has warned that the UK is losing the war against internet crime, local media reported. The Home Affairs Select Committee said the UK is still “complacent” towards e-crime as victims are “hidden in cyberspace”, despite being the preferred target of online criminals in 25 countries. The MPs complained that enough [&hellip

India creates new southern state

India creates new southern state

India’s Congress-led ruling coalition has announced the creation of a new state in the country’s southern region, stirring fears of violence in the area. The United Progressive Alliance coalition on Tuesday approved the division of the state of Andhra Pradesh and the creation of Telangana state as India’s 29th state. The new state will include [&hellip

Former PM leads Mali vote

Former PM leads Mali vote

Ibrahim Boubacar Keita of the Rally for Mali (RPM) party, also the former prime minister, addresses an election rally in Bamako, capital of Mali, on July 26, 2013. Former Malian Prime Minister Ibrahim Boubacar Keita holds the wide lead and could easily win the first round of the West African country’s presidential election, officials say. [&hellip

1,200 evacuated in major Moscow fire

1,200 evacuated in major Moscow fire

A major fire at an iconic Moscow television center has engulfed offices of a national broadcast network and led to the evacuation of more than 1,200 people. The Tuesday fire at Ostankino Television Center was successfully extinguished by local firefighters and, according to Emergencies Ministry authorities, left no injuries. Although the exact cause of the [&hellip

Israelis return to negotiation table

Israelis return to negotiation table

US Secretary of State John Kerry meets with acting Palestinian Authority chief Mahmud Abbas in the West Bank city of Ramallah on July 19, 2013. The Israelis have returned to the negotiation table with the Palestinian officials for the direct talks for the first time in three years. The talks resumed in Washington on Monday [&hellip

Sea-level rise threatens US cities

Sea-level rise threatens US cities

Boston, New York, and Miami are among 1,700 US cities that will be partially under water by 2100, a new climate change study has found. Greenhouse gas emissions that already built up in the atmosphere will cause the damage to the American towns, according to the analysis published the Proceedings of the National Academy of [&hellip

1000s Morsi supporters gather in Cairo

1000s Morsi supporters gather in Cairo

Tens of thousands of ousted Egyptian President Mohamed Morsi’s supporters have gathered in Nasr City of Cairo, demanding the reinstatement of their democratically-elected president. The Anti-Coup Alliance of Islamist issued a statement on July 29, calling for a million-man march on Tuesday. The group urged pro-Morsi supporters to march on security administration buildings throughout Egypt [&hellip

6-day protest to hit London arms fair

6-day protest to hit London arms fair

  British anti-war campaigners have organized a high-profile six-day protest action in London as the government welcomes “the world’s worst human rights abusing regimes to shop for weapons”. The protests have been organized by Stop the Arms Fair campaign group against the DSEi 2013 biennial arms exhibition, which touts itself as the largest fully integrated [&hellip

Thatcher funeral cost £1.2m

Thatcher funeral cost £1.2m

The direct cost of holding a ceremonial funeral for former British Prime Minister Margaret Thatcher has come to almost one-eighth of the previously estimated figure, but it is still an astronomical £1.2 million. Thatcher’s funeral in April was expected to cost some £10 million but the Cabinet Office says it hit £1.2 million, that is [&hellip