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Daily Archives: May 25, 2018

Germany’s great European Heist

Two mantras guide German thinking about eurozone integration: responsibilities and control must be aligned (so no mutualization of risk without shared jurisdiction); and legacy risks must be settled before any pooling of risks among euro members takes place. Since 2010, these two refrains have shaped the entire discussion of how to shore up the euro, and they largely account for ... Read More »

Riyadh frees four women’s rights activists

Saudi Arabia has released four women’s rights activists who were among a group arrested last week, a month before a ban on women driving is set to end, fellow activists and Amnesty International (AI) said. International rights watchdogs have reported the detention of as many as 11 activists, mostly women who previously campaigned for the right to drive and an ... Read More »

Saudi royals battle over $34m mansion compound in US

Two Saudi royals are fighting it out in a US court over a $34m two-mansion compound in Beverly Hills, according to reports. Bloomberg said Prince Faisal Bin Abdullah Bin Abdulaziz Al Saud wanted to stop his former wife Fahdah Husain Abdulrahman Al-Athel from selling the property until they decide how to split up the proceeds. He also wants a $41m ... Read More »

UAE seventh on global competitiveness ranking

The UAE has climbed three places to rank seventh in a global competitiveness ranking by Swiss business school International Institute for Management Development (IMD). The emirates took the position ahead of Norway, Sweden and Canada after coming first globally for indicators including government decisions, public-private partnerships, employment, international trade and international talent. It was also second globally for business efficiency ... Read More »

EU’s new data protection rules come into effect

The European Union’s new data protection laws came into effect on Friday, with Brussels saying the changes will protect consumers from being like “people naked in an aquarium” The EU’s so-called General Data Protection Regulation (GDPR) has been blamed for a flood of spam emails and messages in recent weeks as firms rush to request the explicit consent of users ... Read More »

France vows to tackle noxious seaweed ‘disaster’ in Caribbean

The French government is preparing a plan to deal with a new invasion of stinky seaweed that is covering the beaches of some its islands in the Caribbean, causing health problems for residents and threatening key fishing and tourism industries. The brown sargassum algae “is one more disaster for the West Indies, one which we here probably haven’t fully taken ... Read More »

Purnima in, Badhan out

Entertainment Desk Even before the release of ‘Poramon 2’, director Raihan Rafi announced his next film. The production company is none other than Jaaz Multimedia and the movie will star the same duo that was featured in ‘Poramon 2’, Siam-Puja movie and he didn’t disclose who is going to be casted in that character. It remained a mystery for couple ... Read More »

BD drive against drugs; nine more killed

Dhaka, May 25 –Nine more suspected drug peddlers were killed in reported gunfights with members of the police and Rapid Action Battalion (Rab) in Dhaka city, Mymensingh, Comilla, Sherpur, Jhenidah, Gaibandha, Satkhira and Netrakona districts on Thursday and Friday as the anti-narcotics crackdown continues across the country. Read More »