Wednesday, April 24

Day: December 6, 2015

Britain’s biggest insurers get green light for European capital plans
ENGLISH, Europe

Britain’s biggest insurers get green light for European capital plans

    Bank of England has approved Solvency II internal risk models for 19 insurance companies. Nineteen insurance companies have won approval for their plans to protect themselves against financial shocks, in what the Bank of England has described as a "major milestone" for the stability of the industry. Aviva, Prudential, Standard Life and Legal & General are among the FTSE 100 firms to secure approval from the watchdog for their customised "internal models", allowing them to use their own methods of calculating risks within the business to set up capital buffers. The Bank of England has not revealed which insurers have won full approval for their plans to meet the new Europe-wide Solvency II requirements, and which firms have only received a green light for parts of their...
Bangladesh reviewing ties with Pakistan
Bangladesh, ENGLISH

Bangladesh reviewing ties with Pakistan

    Foreign Minister AH Mahmood Ali today said the government is assessing the relationship between Bangladesh and Pakistan and thinking about what measures need to be taken over the reaction of Islamabad after the execu-tion of two war criminals last month. “The whole matter is a continuous process,” he said while addressing a discussion at WVA auditorium in Dhaka. Ekattorer Ghatak-Dalal Nirmul Committee organised the discussion on “Relationship between Bangladesh-India in the Touchstone of Time” to mark the 44th anniversary of the recognition of India to Bangladesh as an inde-pendent country. Hours after Bhutan’s recognition, India recognised an independent Bangladesh on December 6 in 1971. The minister said many Pakistanis have admitted the crimes committed during the Liber...
Jeremy Corbyn urged to pull out of Stop the War Christmas fundraiser
ENGLISH, United Kingdom

Jeremy Corbyn urged to pull out of Stop the War Christmas fundraiser

    Tristram Hunt, the former shadow education secretary, has called on Jeremy Corbyn to pull out of a Christmas fundraising event organised by the “disreputable” Stop the War coalition. Hunt called on the Labour leader not to attend the event in light of its decision to picket the Labour party’s headquarters last week and the “ugly comments” it has made about the shadow foreign secretary, Hilary Benn. Hunt told the Andrew Marr Show on BBC1 on Sunday: “I don’t think that he should go there. Stop the War coalition picketed the Labour party headquarters when we were trying to run a phone-bank for the Oldham byelection, so they were preventing the election of a Labour member of parliament. “We have also seen some pretty ugly comments from them about Hilary Benn and the fact that ...
Sylhet beat Barisal by 9 wickets
Bangladesh, ENGLISH

Sylhet beat Barisal by 9 wickets

    Sylhet Super Stars made an unbelievable turnabout in the BPL by bowling out the Barisal Bulls for 58, the lowest-ever total in the BPL and then chasing it with ease to win by nine wickets. The massive swing in fortune - Sylhet lost five of their six matches previously - coincided with Shahid Afridi replacing Mushfiqur Rahim as captain for the remainder of the tournament. This was also the second time in the competition that Barisal were bowled out for a below-100 score and the fourth instance in this year's competition for the team batting first. Sylhet also completed the fastest chase, closing out the game with 51 balls to spare, overtaking the previous record help by Comilla Victorians, who beat Rangpur Riders with 49 balls to spare. It was all so different before the ga...
Sun story about investigator who travelled to Paris without a passport is made up: Croatia’s interior minister claims
ENGLISH, Europe

Sun story about investigator who travelled to Paris without a passport is made up: Croatia’s interior minister claims

    Parts of a story written by an investigator from The Sun who claimed to have travelled from Turkey to Paris without having to show his passport were made up, the Croatian Interior Ministry has said. In an article billed as "a damning exposure of Europe's lax borders", Emile Ghessen says he smuggled himself 2,000 miles in six days without showing his passport once. The story says the path he took was similar to the route used by some of those responsible for the terror attacks in Paris, and by many refugees. However, the Croatian Interior Ministry said it had proof parts of the story were made up - and published a scan of his passport that it said it made during border checks. The article said Mr Ghessen evaded border police by hiding in a toilet when his train was stopped ...