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International News on July 5, 2012

  • The British Government bans Indian Mujahideen (IM). The move is followed is a unanimous vote in the House of Commons. The Government sees IM as a threat to national security and cited the alleged involvement of the outfit in several terror attacks, including the Mumbai bombings.
  • Canadian Prime Minister Stephen Harper keeps his cabinet intact shunning a much anticipated cabinet reshuffle. Julian Fantino was sworn in as the new minister responsible for CIDA. Fantino replaced Ms. Bev Oda who was sent out for her extravagant spending habits.
  • Both India and Pakistan reiterated their commitment to fighting terror. Pakistan even offered a joint probe into the 26/11 Mumbai attacks. The two day meeting of the Foreign Secretaries of India and Pakistan ended with no tangible outcome.
  • China has offered financial assistance to Cuba. It promised the visiting President Raul Castro a new credit line after a meeting between Castro and Chinese premier Hu Jintao. China also offered to assist Cuba in health care and technology.
  • Mauritius has assured India to resolve the capital gains tax controversy. According to the Indian-Mauritius tax treaty, capital gains accruing in India from investments sourced from Mauritius can only be taxed in that country. However, Mauritius does not tax capital gains, which means that the investments routed through it are not taxed.
  • A bill granting official status to Russian language has triggered a political crisis in Ukraine. The Speaker of the Parliament has resigned in protest and the President threatened to dissolve the legislature. According to law, any regional language that is spoken by at least 10 percent of the population in a certain administrative region can attain official language status in that region alongside Ukrainian. The latest cencus showed that 16 million people (30%) in Ukraine say Russian is their native language.

  • Libya to go for its first free elections after 60 years
    The Saturday elections are the first free elections post-Gadhafi Andhra News

    Judge sets Zimmerman $1 million bond in Trayvon Martin killing
    Florida Judge sets $1 million bail to George Zimmerman in Trayvon Martin killing Andhra News

    Nieto emerges winner in Mexican Presidential Elections
    Re-counting confirms Nieto is the winner with 38% votes while second up Obrador gets 31% votes Andhra News

    Security tightened at Chinese airports after foiled hijack attempt
    Security is being tightened at 16 Chinese airports in western region of Xinjiang after foiled hijack attempt last Friday Andhra News

    Jobless claims in US post biggest fall in 2 months
    Jobless claims in US posts biggest fall in two months Andhra News

    WikiLeaks begin publishing 'The Syria Files'
    WikiLeaks says it has over two million emails of the Syrian government from August 2006 to March 2012 Andhra News

    President Barack Obama begins bus tour in 2012 campaign
    President Barack Obama begins bus tour in 2012 Presidential Campaign. Will tour in Ohio and Pennsylvania first. Andhra News

    Investigation reveals Fukushima disaster is profoundly manmade disaster
    An Independent parliamentary investigation report reveals failure on the part of regulators and government amongst reasons for the disaster Andhra News

    Oil prices jump $2 in Norway following oil industry's decision of lockout
    Oil prices in Norway jump $2 to $102 a barrel following oil industry's call for lock down Andhra News

    Armed police close M6 Toll motorway in the West Midlands
    Armed police close M6 Toll motorway in the West Midlands in a police-led incident Andhra News

    Scotland Yard arrest six in anti-terror raids
    Scotland Yard arrests six in anti-terror raids in London Andhra News

    MPs to vote on type of inquiry into Barclays rate-rigging scandal
    MPs will vote at 13:15 BST on the type of inquiry to be held into Barclay Bank's rate-rigging scandal Andhra News

    Singapore reports 12 per cent increase in marriages
    Age at which men marry dramatically shifts upwards; remains stable amongst women Andhra News

    Australian women charged for being accessory to a cop murder
    Tamworth highway patrol officer David Rixon was shot when he stopped a car in the country NSW town. Andhra News

    South Korean scientific whaling plan draws protest from round the world
    Australia decides to start diplomatic protest; New Zealand strongly condemns whaling idea Andhra News

    Singh singlings murderer Max Sica gets 35 years non-parole sentence
    Sica gets the extraordinary term for murdering Neelma, Kunal and Sidhi Singh Andhra News

    China Committed to Fully Promote CFCC Certification Standards
    The Chinese Academy of Forestry (CAF) hosted the ‘Responsible Procurement in China’s Forest Products (Pulp and Paper), Certification Workshop 2012’ in Shenzhen, China on June 29, along with PEFC China, the DNV Sustainability Center, as well as Green China magazine Business Wire India

    The European Commission Acknowledges Euroscript Luxembourg 25 Years of Experience in Translation
    The Directorate-General Enterprise and Industry (“DG Enterprise”) of the European Commission has trusted euroscript with its contract for the translation of technical regulations in the framework of Directive 98/34/EC 2012/S 93-152984. Business Wire India

    QNB Group Financial Results for the Six Months Ended 30 June 2012
    QNB Group, one of the largest and one of the most highly regarded financial institutions in the Middle East and North Africa region, has announced its financial results for the six months ended 30 June 2012. The group recorded a net profit of QR4.1 billion, up by 17.1% compared to the same period last year. Business Wire India

    UAE Exchange Launches MyBranch
    MyBranch is a self-service electronic kiosk, which helps customers in making their own remittance and bill payment transactions Business Wire India

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