Wednesday 27th January 2021

  • IT Conslting, Digital Transformation with IT Services
    • Cypriot parliament speaker quits after passport scheme scandal

      Demetris Syllouris, the Cypriot parliament speaker, has announced he will resign after he was implicated in a scheme that sold passports to criminals through the country’s citizenship through investment programme. Syllouris was filmed as part of Al Jazeera’s The Cyprus Papers Undercover, an investigation which revealed how criminals were able to obtain Cypriot passports, granting them access to the European Union and its internal markets. “I note that my continued presence in the position of Head of Parliament has been misunderstood,” Syllouris said in a statement. “This misunderstanding, and the evident desire by some to take advantage of the whole...

    • Standard Chartered applies to set up securities firm in Chinese mainland standard chartered bank

      Standard Chartered applied to establish a securities company in Chinese mainland, said the China Securities Regulatory Commission (CSRC) on Saturday. The CSRC did not provide details on its website. Overseas investors have gained greater access to the Chinese mainland’s financial market in recent years as China continues to open up its market and conduct related reforms. The United Bank of Switzerland was the first overseas bank approved by China’s securities regulator to hold the majority stake in its securities joint venture. JPMorgan Chase & Co. got the regulator’s nod to take full control of a joint venture last year after it...

    • Deadly flooding displaces thousands across Mekong region Soldiers pull a woman to safety from floodwaters in a village in Cambodia's western Battambang province on October 10, 2020, following heavy rains in the region

        Elderly residents and small children clung to inflatable tyres as soldiers and police used rope lines to bring them to safety beyond rising floodwater in Cambodia’s western province of Battambang, which is expected to worsen on Sunday. Hundreds of families in three Cambodian provinces – Pursat, Battambang and Pailin – have been forced to evacuate amid extreme rainfall heralding the arrival of a tropical depression across the Mekong region. “A two-year-old child and 57-year-old man have drowned in the flood,” Seak Vichet, a spokesman for the Cambodian national committee for disaster management told the AFP news agency late...

    • Fauci says White House hosted COVID-19 ‘super-spreader’ event: media Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases

      Anthony Fauci, a top U.S. expert on infectious disease, on Friday identified a White House ceremony unveiling President Donald Trump’s Supreme Court nominee, as “a super-spreader event” for COVID-19. “I think the data speaks for themselves,” Fauci, director of the U.S. National Institute of Allergy and Infectious Diseases, told CBS News Radio in an interview. “We had a super-spreader event in the White House and it was in a situation where people were crowded together and were not wearing masks.” The White House held a Rose Garden gathering on September 26, where Trump announced to nominate conservative appellate judge...

    • Spain imposes state of emergency on Madrid to curb virus spread covid 19 spain

          Spain’s central government has declared a state of emergency in Madrid and its surrounding region to enforce a partial lockdown of the capital amid a surge in coronavirus infections. “The government has decided to declare a state of emergency … for the next 15 days,” said Health Minister Salvador Illa on Friday following a two-hour cabinet meeting. The measure, which comes into effect immediately, was rushed through ahead of a long holiday weekend for Spain’s National Day on Monday, raising concerns people could take advantage of the legal limbo to head out of town. Ministers met a...

    • White Officer charged with murder of Black man in Texas white officer charged

      A white police officer has been charged with murder over the fatal shooting of a Black man following a reported disturbance at a convenience store in a small East Texas town over the weekend, authorities said. Jonathan Price was walking away from Wolfe City police officer Shaun Lucas when Lucas opened fire on Saturday night, killing Price, the Texas Rangers said. Lucas, 22, was booked into the Hunt County Jail on Monday night, the Texas Rangers said in a statement released by the Texas Department of Public Safety. Jail records show bail was set at $1m. It was not...

    • U.S. hotels have lost 5 million jobs since February due to COVID-19 The Hyatt (L) and Marriott hotels in downtown San Diego, California. /Reuters

      The hotel industry in the United States has seen a loss of five million jobs since February, as one of the results of the COVID-19 pandemic which has claimed nearly 210,000 lives in the country, according to the latest statistics. The hotel room occupancy rate in August in the United States stood at 48.6 percent, down by 31.7 percent over the same period last year, and the rate went further down to 48.5 percent during the second week of September, said STR, a private entity that provides data benchmarking, analytics and marketplace insights for global hospitality sectors. Meanwhile, according...

    • New York City to close schools, businesses in areas hit by Covid-19 New York City Mayor Bill de Blasio speaks at a past press conference

      Non-essential businesses and public and private schools in nine areas in New York are to be closed as authorities try to curb a rise in coronavirus infections, Mayor Bill de Blasio announced on Sunday. The nine areas are in the boroughs of Brooklyn and Queens and have a testing positivity rate of over three per cent over a seven-day period. The areas include parts of Far Rockaway, Borough Park, Midwood, Gravesend, Bensonhurst, Sheepshead Bay and Kew Gardens. “Today, unfortunately, is not a day for celebration. Today is a more difficult day,” De Blasio said. De Blasio further described another...

    • Former Ukrainian President hospitalized with COVID-19 Petro O. Poroshenko, the former president of Ukraine, last year. He has tested positive for the coronavirus.

      As Ukraine struggles with a surge in the coronavirus cases, ex-President Petro Poroshenko has been hospitalized with the virus, according to his wife Marina. One of their daughters has also been admitted to hospital for the same reason. “Despite the fact that my husband has bilateral pneumonia, he has a strong will,“ Marina Poroshenko wrote on the Facebook page of the former head of state’s political party, European Solidarity. Petro Poroshenko, who ran the country from 2014 to 2019, was diagnosed with the virus at the end of September, and his condition has since deteriorated. The 55-year-old former president has diabetes,...

    • Hathras gang rape: India police suspended amid public outcry police suspended in india

      Five senior police officers have been suspended over their handling of an investigation into the alleged gang rape and murder of a 19-year-old Dalit woman that has sparked outrage across India and triggered days of protests. The seriously injured teenager from the Dalit caste, formerly the “untouchables”, was found in mid-September outside her village in northern Uttar Pradesh state and died this week in a New Delhi hospital. The police have arrested four higher-caste men on charges of gang rape and murder. But the police have faced criticism for attempting to destroy evidence by cremating the woman’s body in...