EU and the IMF approve 85 billion Euros ($113 billion) to Ireland

Published By StarCityNews On Wednesday, December 1st 2010. Under Business Tags: EU, euro zone, European Commission. Britain, European Union, Euros, financial assistance, Government, Greece, IMF, International Monetary Fund, Ireland, Sweden and Denmark

The European Union (EU) approved the granting of Ireland 85 billion Euros ($113 billion) in financial assistance. Ireland will be given an extra year until 2015, to bring its deficit in line with the European Union (EU) target of 3% of economic output.As the message of the Government of ... Read More

Federer Takes the Most Prestigious Tennis Tournament for the Fifth Time

Published By StarCityNews On Tuesday, November 30th 2010. Under Sports Tags: 1500 Ranking Points, Academy Award Winning Actor, Andy Murray, Australian Open, Barclays ATP World Tour Finals, Britain, Czechoslovakia, Diego Maradona., Ivan Lendl, Kevin Spacey, London, Novak Djokovic, Pete Sampras, Raphael Nadal, Roger Federer, Soccer Legend, Spain, Spaniard, Swiss Star, Switzerland, United States Of America, Wimbledon, World Number 1, World Number 2

World number 1, Raphael Nadal, from Spain met world number 2, Roger Federer, from Switzerland in the final match of the Barclays ATP World Tour Finals. Federer claimed the title in three sets with a score line of 6-3, 3-6, 6-1. It is the fifth time that the Swiss ... Read More

Police in Rio de Janeiro Suggest Drug Traffickers Surrender

Published By StarCityNews On Tuesday, November 30th 2010. Under Headlines Tags: Alemao Slum Complex, Bloodshed, Brazil, Economic, football, Gunfire, helicopters, killed, Media footage, Olympics Games, police, Ringleaders, Rio de Janeiro, World cup

d Brazilian police ordered the ringleaders of the powerful drug cartels entrenched in the suburbs of Rio de Janeiro to surrender to avoid bloodshed. Hundreds of police and soldiers surrounded the area of the Alemao slum complex, with low-flying helicopters supporting their efforts. Media footage showed the security force exchanging gunfire with ... Read More

Parliamentary Elections Start in Egypt

Published By StarCityNews On Tuesday, November 30th 2010. Under Politics Tags: Banned, Candidates, Egypt, Muslim Brotherhood, National Democratic Party, NDP, Opposition Party, Parliamentary Elections, Politics, President Hosni Mubarak, Violence, Votes

Egypt today held parliamentary elections after earlier bloody clashes with the opposition forces of law and order. Experts predict that the ruling party of President Hosni Mubarak will pick up the greatest number of votes.However, it is unclear how many votes in the election were received by the Muslim ... Read More

Africa loses more than $300 Billion annually due to Corruption*

Published By StarCityNews On Monday, November 29th 2010. Under Headlines Tags: AfDB, Africa, African Development Bank, bribery, Business Journalists, Continent, Corruption, Development, Economic, Embezzlement, Fraud, GDP, integrity, Kickbacks, Obstacles, Seminar, Vinay Sharma

African Development Bank (AfDB) said that Africa is losing more than 300 billion dollars annually due to corruption; this sum is greater than all that distinguish continent donors and aid programs.AfDB believes extensive corruption is one of the main obstacles to the development of the continent. At the presentation ... Read More