1/29/2012

News Round Up - Gingrich, Gulf and Gold

Posted by Andrew |

  • Global management consultancy firm Booz & Co has said GCC countries are set to spend $100bn by 2016 to increase water production for a regional population that is growing by more than 2% a year

  • Yemeni President Ali Abdullah Saleh arrived in the United States for medical treatment on Saturday, a week after leaving Yemen for Oman under a plan for him to step down to end a year of protests against his rule.

  • “I am not Israeli. The uniform that I wore in the military, unfortunately, was not an Israeli uniform.  It was an American uniform, although my wife was in the IDF and one of my daughters was in the IDF ... our two little boys, one of whom will be bar mitzvahed tomorrow, hopefully he’ll come back-- his hobby is shooting -- and he’ll come back and be a sniper for the IDF,” Adelson said at the event....“All we care about is being good Zionists, being good citizens of Israel, because even though I am not Israeli born, Israel is in my heart,” he said toward the end of his talk.

  • From Turkey to Brazil, India to Saudi Arabia, a growing number of non-Western donors are bringing fresh funds, a different mindset and their own experience of managing natural disasters to the global humanitarian aid scene.

  • Anonymous Invades Polish Parliament Pop culture is seeping into politics more and more every day. The Polish Palikota Party showed a united front, and abuse of office copier regulation, during parliament yesterday.

  • Saudization in gold and jewelry shops reached 100 percent in 2003 following a royal decision issued by the then Interior Minister Prince Naif. The Nitaqat system recently issued by the Ministry of Labor defined a Saudization rate of 70 percent in the gold sector. The decision led to misunderstandings, with many businessmen thinking they could decrease Saudization with 30 percent in their gold shops. However, traders confirmed to Arab News that the Saudization rate in companies and factories is 70 percent, but gold shops have to remain fully Saudized.

  • Explosives experts at Cairo International Airport deactivated a bomb Wednesday that had been placed on a Libyan Airlines jet, said an airport security source.

  • As the European Union prepares to ban Iranian oil and the United States turns the screw on payments, oil executives and policymakers say China and Russia stand to gain the most and Western oil firms and consumers may emerge the biggest losers.

Posted from Diigo. The rest of my favorite links are here.

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