Dutch arrest 12 on US plane
The News Review:
- Dutch arrest 12 on US plane
- JULY EXISTING HOME SALES
- Gov. Bush interview transcript
- Mark Hart hunts backers for Reggae documentary
- Malaysia’s Naza plans $259-m car unit in TN
- After acquisitions, MerLion to focus on drug development
- Need For Knowledge People
Dutch arrest 12 on US plane
The Age – Aug 24, 2006
An Iberia Airlines flight bound for Madrid was turned back tothe Netherlands in April after a woman raised the alarm about apassenger she thought was acting suspiciously. The passenger waslater cleared of any wrongdoing. The 2004 murder of a filmmaker critical of Islam by a DutchMoroccan shook the country and highlighted the activities of homegrown militants. Nine young Muslim men were sentenced to jail thisyear for belonging to a terrorist group. British prosecutors investigating the plane bomb plot foiledearlier this month announced on Monday they were charging 11 peopleafter police found bomb-making equipment, suicide notes and”martyrdom videos”. No decision has yet been taken on whether tocharge another 11 people who are still being held.
JULY EXISTING HOME SALES
USA Today – Aug 24, 2006
For five years, home sales had hit record highs as low mortgage rates lured buyers. But the housing sector has lost steam this year with mortgage rates rising. Would-be buyers also have grown cautious amid high energy prices and a slowing economy. The Federal Reserve earlier this month decided to halt a rate-raising campaign that had pushed interest rates steadily higher. The Fed’s goal is to raise rates sufficiently to thwart inflation but not enough to hurt the economy. One of the things that Federal Reserve Board Chairman Ben Bernanke and his colleagues are watching closely is the housing slowdown. If home prices and sales were to crash, that could spell big trouble for the economy.
Gov. Bush interview transcript
St. Petersburg Times – Aug 24, 2006
For us to recover we've got to have people being able to go to gas stations that are powered up, get their kids to day care, and go back to work. For us to continue to progress we need to solve that problem. So alternative sources of energy, home grown sources of energy, I think is part – it's not going to be the ultimate answer – but I think it's part of that answer. The second way that I have become interested in this is through the Florida FTAA (Free Trade Area of the Americas) and Miami's advocacy, and the state's advocacy, really of going beyond just a trade treaty to strengthen our gateway status. That's what the Florida FTAA in Miami does, and we and the private sector help fund it – it’s a statewide effort. As we discuss what ideas could we advocate that would enhance the ties between Florida and Latin America, this one is just tailor made. First of all I'd rather be dependant upon Brazilian agriculture than Venezuelan oil.
Mark Hart hunts backers for Reggae documentary
Jamaica Observer – Aug 24, 2006
Kimoy, a young Portland girl, whom Hart describes as “Whitney Houston and Tracy Chapman rolled into one”;. Ice, a young, brashy uptown deejay whom Hart likened to Sean Paul;. Rootz Underground, a band of working class professionals with a common interest in music and;. Turbulance, who has since become a major hit. Hart said the character-driven film, for which he is seeking a narrator, took on a life of its own once it started three years ago. It leads you and brings to life an interesting story,” he explained… ”
Using his own film as an example, Hart also pointed to the need to attract investors. “Not just films produced in the island but films telling Jamaican stories, we are just not attracting enough investors. Really what we need are some home-grown stories. ” Makes you feel like starting to write, don’t you?
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Malaysia’s Naza plans $259-m car unit in TN
Times of India – Aug 24, 2006
Malaysia’s home-grown automobile firm Naza Automotive Manufacturing is
gearing up to drive into this 1-million-plus unit a year market with a range of
compact cars including the popular 1. 1-litre Sutera mini car starting late
2007. The firm, sources said,
is close to inking an MoU with the Tamil Nadu government for setting up a $259
million car-making facility in Sriperumbudur which already houses production
units of global giants Hyundai, Ford and BMW. Though Naza initially plans to
enter the Indian passenger car market, sources close to the development said the
firm is also eyeing to ride the growing demand for motorcycles in the country at
a later date. “Negotiations are
underway with the Tamil Nadu government and a final agreement on the proposed
plant is expected to be signed soon.
After acquisitions, MerLion to focus on drug development
Channel News Asia – Aug 24, 2006
The comment came just days after MerLion bought over Germany’s Combinature Biopharm and Switzerland’s Athelas. The acquisition was a first for a home-grown pharmaceuticals firm. MerLion says it will now focus its efforts on developing two drugs for clinical trials. MerLion is a natural products drug discovery company whose research centres on finding cures for infectious diseases. The company says its latest European acquisitions will help accelerate its plans to develop commercially viable drugs. It is currently working on developing two antibiotics that can potentially be used to treat bacterial infections.
Need For Knowledge People
Free with registration – Europe Intelligence Wire – AccessMyLibrary.com – Aug 24, 2006
(From Business and Finance) Need For Knowledge People A Dublin-based financial software firm emphasises the need to employ the right people for Ireland to move up the value chain. Technology companies in the Republic of Ireland are struggling to hire suitably qualified and experienced staff and have to look far and wide for specialised technology personnel. In response to the shortage of home-grown talent, Dublin-based Cognotec would consider supporting an industry initiative to sponsor a number of students or even a dedicated financial technology course in a city institution in order to ensure the future supply of top-flight technologists. The company is keenly following the Government’s recently announced new strategy for science, technology and innovation, and endorses calls on the Government to offer greater support to the technology sector, in order that Ireland can truly compete with the knowledge economies of the world. “Because our business is mainly offshore, it is relatively impervious to fluctuations in the local economy. For this reason, it makes good sense to support technology companies by ensuring a supply of qualified personnel as it will be companies like ours which support the economy as we transition to a knowledge-based one,” says CEO Brian Maccaba. Cognotec was established in Dublin in the.