Thursday 25 September 2014

Oligarch Vladimir Yevtushenkov to remain under house arrest | Business | The Guardian

"Yevtushenkov is accused of helping to launder stolen state assets when Sistema purchased Bashneft and other energy companies from structures controlled by Ural Rakhimov, the son of the former president of Russia's Bashkortostan republic. A Moscow court said on Thursday Rakhimov had illegally acquired the assets. The republic allegedly lost more than $5bn when its energy companies were bought by Rakhimov in a privatisation deal more than a decade ago.

Many have compared Yevtushenkov's case to that of another oligarch, Mikhail Khodorkovsky, whose Yukos oil company was broken up and acquired by the state oil giant Rosneft after he was imprisoned on charges of privatisation fraud. Last week, the head of the major business group Russian Federation of Industrialists and Entrepreneurs called the Yevtushenkov case "Yukos 2.0". According to economy minister Alexei Ulyukayev, the case has damaged Russia's business climate and would increase capital flight."





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ATO amnesty project targets tax evaders, unlocks money stashed in havens, inherited offshore accounts - ABC News (Australian Broadcasting Corporation)

"Jews who fled Nazi Germany and stashed money in old Swiss bank accounts are among more than 1,000 people taking advantage of an Australian tax amnesty.

The Tax Office has learned of about $550 million worth of assets stored in offshore havens in Europe, Israel and Asia, as part of a project called DO IT."

http://www.abc.net.au/news/2014-09-25/tax-amnesty-for-offshore-evaders/5767492



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Wall Street Banks and Their Critics Were Disappointed in Eric Holder - Businessweek

"In March of last year, Holder seemed to reiterate his earlier point when he told the Senate Judiciary Committee: "I am concerned that the size of some of these institutions becomes so large that it does become difficult to prosecute them." Only a few months later, after much criticism, he revised his statement, saying, "There is no such thing as 'too big to jail.' No individual or company, no matter how large or how profitable, is above the law.""



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China's Norinco Is Defense Giant on Global Growth Path - Businessweek

"With foreign sales of $7.4 billion over the past five years, China overtook France in 2013 to become the world's fourth-largest arms exporter, according to the Stockholm International Peace Research Institute. Besides Norinco, the country's arms makers include Aviation Industry Corp. of China, Poly Technologies, and China South Industries Group. Norinco is the biggest of the bunch."



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Half of Earth's water may be older than the Sun › News in Science (ABC Science)

"Up to half of all the water on Earth may be older than the solar system itself, suggests a new study. 
The research, reported in the journal Science, may help settle a debate about when and how our water formed, and offers hope of finding water in other solar systems."




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President Obama’s airstrikes against ISIS: Bombing the jihadist Islamic State may be more effective than expected.

Obama's leadership is extraordinary a very effective ....

"President Obama's air war against terrorist targets in Syria has begun, sooner and more deeply inside Syrian territory than expected. The question: Will the strikes—which mark the mere "beginning of a credible, sustainable, persistent campaign," as the U.S. military's operations chief put it at a Pentagon press conference Tuesday morning—really degrade and destroy the jihadist group known as ISIS?" 



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Russia employs terrorist methods and is expected to target Baltic States next: The Washington Post

"Do you feel the lack of leadership in your part of the world?

Yes. Lack of leadership has allowed terrorist groups such as ISIS [the Islamic State] to grow, and on the question of Ukraine, it has allowed Russia to become a state with terrorist elements.

How do you see the situation in Ukraine?

The situation is still deteriorating. Russian troops are still on the territory of Ukraine. That means that Europe and the world are allowing Russia to be a country which is not only threatening its neighbors but is also organizing a war against its neighbors. It is the same international terrorism as we have in Iraq and Syria."

http://www.washingtonpost.com/opinions/lithuanias-president-russia-is-terrorizing-its-neighbors-and-using-terrorist-methods/2014/09/24/eb32b9fc-4410-11e4-b47c-f5889e061e5f_story.html



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Islamic State: US-led airstrikes target oil assets in Syria - CSMonitor.com

"US-led jet fighters launched new airstrikes overnight, targeting Syrian oilfields under the control of the self-declared Islamic State, in an effort to degrade the group's financial assets."



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Woman uses hidden camera to expose life under Islamic State - CSMonitor.com

"The footage, narrated in French and dubbed in English, offers glimpses of daily life: busy streets filled with cars and bicycles, a market with piles of vegetables, and the predominance of men in public areas, many of them brandishing guns."



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Planning for job growth in enterprises that can stand up to international competition. ..The Toronto Star

"Canadians need a plan for jobs and growth. After nearly a decade of Conservative government, unemployment is still stubbornly high and economic growth is sluggish. In the past 12 months, only 15,000 full-time jobs have been created in Canada. That's why Liberals are focused on a jobs and growth agenda."




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'I was terrified we'd lose all our money': banks tell US customers they won't work with Americans | Money | theguardian.com

"Thousands of Americans abroad are giving up their citizenship as the implementation of a complex new tax law causes banks to shut down accounts for US expatriates"



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Sarah Beeny: I don't care if people tune in for my boobs

"I'm a massive Prince Charles fan. He was talking about saving the planet 40 years ago – before anyone knew the word "green" – and he has this amazing regeneration trust, which takes important buildings and finds new uses for them. I don't know why people are so mean about him. Government policy should be based on what he sees because he has a very clear perspective."



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Do you have doubts about global warming?

Interesting to see what happens?



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Water has been discovered on the smallest exoplanet yet




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