Qatar’s central bank told commercial banks on Thursday that they would have to obey new restrictions on their open positions in foreign currency by April 1. In April 2016, the central bank had said it planned to introduce a ceiling on total foreign currency positions – surplus or deficit – of 30 percent of each bank’s capital and reserves. On Thursday, the central bank said the rule, which would “limit the risks of foreign currency open positions”, would also apply to Qatari banks’ foreign branches.
Day: March 2, 2017
BRIEF-Join In (Holding) appoints Zeng Haicheng as CFO
LUSAKA, March 2 The Zambia Revenue Authority has asked all account holders to obtain Taxpayer Identification Numbers by the end of this year in an attempt to capture more tax payers and raise revenue, it said on Thursday.
LPC-Park Square and SMBC to launch a 3bn direct lending JV
Park Square Capital and SMBC are setting up a new 3bn direct lending fund which will be a joint venture between the two firms, banking sources said on Thursday. Fundraising is expected to close shortly on the joint venture, which will provide unitranche loans to European mid-market companies, the sources said.
Want to become a councillor? Here’s your big chance
With the Scottish council elections taking place in less than three months, the countdown is on for anyone who is thinking about standing as a candidate. Voters will go to the polls on Thursday, May 4, to elect 22 councillors to serve the seven wards which make up the East Dunbartonshire area.
US rapper Silento has passport seized over UAE dispute
A U.S. rapper known for his hit song “Watch Me ” has had his passport seized by authorities in the United Arab Emirates over a business dispute. State-owned daily The National first reported on the case, saying a court in the city of Al Ain imposed the travel ban on rapper Silento after promoter Makki Taj El Sir Abdel Halim accused him of failing to appear at shows he booked.
Who will succeed Luis Enrique at Barcelona?
Luis Enrique on Wednesday night announced he will be stepping down as Barcelona head coach at the end of the current season. The only club able to breach the Barcelona-Real Madrid duopoly and win the LaLiga title in the last 13 years has been Atletico Madrid.
Families embrace the ups and downs of months-long nomadic adventures abroad
The goal was to visit 16 countries in 10 months – an around-the-world ramble in which she and her husband would introduce their 10- and 13-year-old kids to an array of cultures, traditions and invaluable life lessons. A family gap year, or even a months-long jaunt, can seem like an impossible dream for average Canadians.
Hebron shooter’ Elor Azaria appeals already lenient sentence
An Israeli soldier , sentenced to 18 months in prison for shooting dead a wounded Palestinian man in the occupied West Bank last year, has filed an appeal against his manslaughter conviction and already-lenient jail term. In the petition to the court, the lawyer asked that the date his client is due to arrive to serve his time, slated for March 5, be deferred until the end of legal proceedings.
Boxing Club gets a new home thanks to Chris McEwan’s whole hearted efforts
There was great delight amongst the sporting fraternity in the south of the county last when, after many years as enforced nomads, the Pembroke and Pembroke Dock Amateur Boxing Club finally settled into its new home in the old snooker hall and fitness suite in Water Street in the Pater town. Small wonder then that coaches Ralph Gammer, Nathan Probert and Andy Edmondson were delighted because they now have space aplenty, not only for their sparring ring, wall-fitted punch bags and speed balls but are able to execute circuit training and generally have room to breathe in nice surroundings.
Wie uses helping hands to climb up Singapore leaderboard
Britain Golf – RICOH Women’s British Open 2016 – Woburn Golf & Country Club, England – 29/7/16 USA’s Michelle Wie on the 18th during the second round Action Images via Reuters / Andrew Couldridge Livepic Michelle Wie has endured a startling decline since her U.S. Open triumph in 2014 following a string of niggling injuries but the American made the most of a couple of favors to climb to the top of the HSBC Women’s Champions leaderboard on Thursday. Ranked as high as world number two after her maiden major victory at Pinehurst, the 27-year-old Hawaiian has only managed one top-10 finish since and has undergone a series of swing and putting style changes in a bid to arrest her extended slump.
MP says hospital will ‘succeed’ despite remaining in special measures
Watford MP Richard Harrington says he remains “committed” to Watford General Hospital after it emerged yesterday that it would remain in special measures. England’s chief hospital inspector Mike Richards said West Hertfordshire Hospital Trust, which runs the hospital along with St Albans and Hemel Hempstead, still required improvement despite it making progress since 2015.
[Interview] Sikorski: Let’s give Trump time to be ‘educated’
Sikorski: “I hope EU leaders will have enough statesmanship and persuasive power on things that are out of the ordinary.” The election of Donald Trump has added to the “deep trouble” that Europe is in, but the new US president might change when he learns how the world works, according to former Polish foreign minister Radoslaw Sikorski.
Nepal seeks foreign investment to help recovery from quake
Nepal made a pitch to foreign investors Thursday for help in developing its struggling economy as the Himalayan nation recovers from a devastating 2015 earthquake. The government hopes to attract at least $1 billion in new foreign investment during the two-day conference in the capital, Kathmandu.
Tibet womena s football team a denied US visasa
A Tibetan women’s football team has claimed that they have been denied United States visas to take part in a tournament in Texas. US President Donald Trump has imposed a travel ban on nationals from seven countries, but neither India or China is on the list.
Strade Bianche: Monument for the New Millennium
We can complain about lots of things regarding the overall direction of cycling: the endless credibility struggle, the continually confounding rules, the lack of heroic racing. We can moan about disc brakes and road furniture and motos.
Your chance to share in Games dream
FROM the hands of Her Majesty Queen Elizabeth II to the hands of thousands of people around the world – the Queen’s Baton Relay is your chance to be part of history and a key supporter of the Gold Coast 2018 Commonwealth Games. When the Baton leaves the commencement ceremony at Buckingham Palace on March 13 it will wend its way through 70 Commonwealth nations and territories before starting its Australian journey on December 25 this year.
Malaysia to release, deport N. Korean in nerve agent probe
This file image provided by Star TV of closed circuit television footage from Feb. 13, 2017, shows Vietnamese Doan Thi Huong, left, at Kuala Lumpur International Airport in Sepang, Malaysia, who police say was arrested in connection with the death of Kim Jong Nam, the half brother of North Korean leader Kim Jong Un. Because of a grainy security camera photo that went viral, she is now known to many as the LOL assassin.
Shooting in Thailand’s south kills four despite safety zone deal-police
Insurgents in one of Thailand’s mostly Muslim southern provinces shot and killed four people, including a child, and wounded another two children on Thursday, police said, days after a deal was reached with the Thai government to establish a safety zone. A decades-old separatist insurgency in the Muslim-majority southern provinces of Yala, Pattani and Narathiwat has claimed more than 6,500 lives since it escalated in 2004, according to independent monitoring group Deep South Watch.
Lake worshipped by Incans now littered with trash
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Greece’s Latest Drama Imperils Banks’ Baby Steps Toward Recovery 2 hours ago
Since the last eruption of Greece’s long-running crisis in 2015, banks in Europe’s most troubled economy have shored up capital, staunched losses and set up a plan to reduce their mountains of bad debt. Now, fresh tensions over the country’s bailout are putting that progress at risk.
Tiny tubes in Canadian rock may be oldest known fossils
AP This microscope image made available by Matthew Dodd in February 2017 shows tiny tubes in rock found in Quebec, Canada. The structures appear to be the oldest known fossils, giving new support to some ideas about how life began, a new study says.
Akfen Working With Morgan Stanley, Goldman on Asset Sales an hour ago
Turkey’s Akfen Group is in talks with banks including Morgan Stanley and Goldman Sachs Group Inc. to advise on the sale of assets after completing its restructuring this month. The Ankara-based company is also in discussions with Credit Suisse Group AG and Deutsche Bank AG to find potential buyers for its overall holding businessAkfen Holding AS or stakes in individual companies such as Mersin International Port and renewable energy producer Akfen Yenilenebilir Enerji AS, Akfen Group Chairman Hamdi Akin said.
News 14 Mins Ago Malaysia to release, deport N. Korean in nerve agent probe
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Breakfast Inequality: Some Work Nine Hours to Buy Milk and Toast
Residents of Abu Dhabi, Osaka and Zurich can earn enough in less than five minutes to buy their first meal of the day, according to the Bloomberg Global City Breakfast Index. Ghanaians in Accra need closer to an hour, and people in Caracas, where inflation is While budgeting for breakfast may be an afterthought in richer economies, prohibitively priced staples have led to malnutrition and food riots in poorer countries, including protests that engulfed more than a dozen Middle Eastern and North African nations in 2010 and 2011.
Sport24.co.za | Guptill heroics won’t earn Test recall: NZ coach
New Zealand batsman Martin Guptill’s record-breaking performance in a one-day international against South Africa is not enough to secure him a Test recall, Black Caps coach Mike Hesson said on Thursday. Guptill smashed an unbeaten 180 off 138 balls as the Black Caps beat South Africa by seven wickets in Hamilton on Wednesday, the highest-ever score by a New Zealander against the Proteas.
Sport24.co.za | Tendulkar backs India to rebound in Bangalore
Sachin Tendulkar expects India to hit back hard in the second Test against Australia beginning Saturday in Bangalore after their shock defeat in the opening encounter. Australia’s crushing 333-run win in the first Test in Pune last weekend was the tourists’ first victory in India since 2004 and ended a 19-match unbeaten run for Virat Kohli’s world number one team.
.com | Land reform favours businesses, not the poor – study
The land reform system in South Africa favours agricultural businesses and sidelines the intended beneficiaries, research in the Eastern Cape suggests. In a recent study of land reform in the Sarah Baartman district in the Eastern Cape, researchers Ruth Hall and Thembela Kepe found that none of the 11 beneficiaries investigated had any documented rights to their land, GroundUp reported.
Demolition in Jerusalem leaves 30 Palestinians homeless
Last month, Israeli authorities demolished at least three homes in Issawiya in a singe day, and in January, a man in the neighborhood was forced to demolish his own home in compliance with an order from the municipality. I sraeli forces demolished a building in the occupied East Jerusalem neighborhood of Issawiya on Wednesday morning without giving prior warning, leaving 30 Palestinians homeless, under the pretext that the building lacked the nearly impossible to obtain construction permits required by Israeli authorities.
Saudi Arabia to grant Indonesia $1B for economic development
Jakarta and Riyadh also inked an agreement that builds on an existing $6 billion deal between state-owned energy firms Aramco and Pertamina to expand an Indonesian oil refinery. Saudi Arabia and Indonesia Wednesday signed agreements in areas ranging from trade to aviation as Custodian of the Two Holy Mosques King Salman visited the world’s most populous Muslim-majority country.
Sport24.co.za | Blitzboks at full strength for Vegas 7s
World Rugby Sevens Series leaders South Africa and two-time defending series champion Fiji welcome back top players for the USA Sevens tournament that begins on Friday at Las Vegas. The Blitzboks top the table with 85 points after wins in Wellington and Sydney plus the season-opener at Dubai but lost the Cape Town final to England, who are second on 68, four points ahead of Fiji in third.
SWIMMING: Jazz helps to bring on the next generation
DOUBLE Olympic silver medallist Jazz Carlin is taking on a mentoring role as she heads out to the United States this week for training and competition. Swindon’s Carlin, who lives in Bradford on Avon and is coached by Dave McNulty at the British Swimming National Centre Bath, is working with a group of 17 promising female swimmers – all aged between 16 and 18 – as part of the new Performance Foundations Pilot Programme.
The White House is considering direct military action to…
In a dramatic shift from traditional policy, an internal White House review on North Korean strategy revealed that the option to use military force, or a regime change to curb the threat of North Korean nuclear weapons was on the table, The Wall Street Journal reported on Wednesday. This review comes at the heels of a report claiming President Donald Trump believed the ” greatest immediate threat ” to the US was North Korea’s nuclear program.
Amateur Boxing: Ciren claim double win
CIRENCESTER ABC’s Ethan Frayling travelled to Banbury with coach Tom Varey where he was in action against Elliot Durbin, from Banbury ABC, the 16-year-old Frayling winning a split decision. On the same day, Cirencester travelled to Bristol where Johnny Varey was in action in the Junior and Cadets championships.
NETBALL: Lawn victorious in their Burmah battle
BOTTOM Lawn A came out on top in their Swindon & District Division One battle with Burmah A on Saturday, defensive player Ehlana Tiley receiving their player of the match award in a 36-34 victory. In Division Two, the B teams of Lawn and Burmah also played out a close battle, Lawn emerging triumphant 34-30, with goalkeeper Charlotte Clinton being Lawn’s player of the match Lawn C were dominant over Pinehurst C with a 40-27, goal attack Maya Dennison putting in another outstanding performance to earn player of the match honours.
HOCKEY: Tom tees up home success in derby
SWINDON are still holding faint promotion hopes from the GoCrea8 League Conference North after putting county rivals Devizes to the sword 4-0 on Saturday. With four games to go, Swindon are six points behind second-placed side Robinsons A, with all four of those games against teams below them in the table.
Islamophobia Gradually Becoming Institutionalised – OIC Sec-gen
By Nur Ashikin Abdul Aziz KUALA LUMPUR, March 2 — The Organisation of Islamic Cooperation Secretary-General Dr Yousef Al-Othaimeen expressed serious concern that Islamophobia, an affront to human rights and dignity of Muslims, is gradually becoming institutionalised or the norm. The rise in religious hatred and resultant religious extremism particularly Muslim discrimination has reached alarming levels, he said in an OIC statement.