Tuesday, January 17, 2012

Alaska - Raw Video: Nome Fuel Transfer Begins at Nome

Published on Jan 17, 2012 by
Crews have begun transferring 1.3 million gallons of fuel from a Russian fuel tanker to the iced-in western Alaska city of Nome. (Jan. 17)

Europe - EU parliament elects Germany's Martin Schulz President

Published on Jan 17, 2012 by
http://www.euronews.net/ Germany's Martin Schulz has been elected as the new president of the European Parliament.

Widely tipped to win, the leader of the centre-left socialist group received 387 votes out of a possible 670.

A pre-existing deal between the chamber's two biggest parties meant Schulz's victory was all but certain.

Nevertheless, he failed to achieve a total landslide. Rival runners for the presidency, British MEPs Diana Wallis and Nirj Deva, enjoyed substantial support, taking just over 140 votes a piece.

China - economic growth weakens output growing by 8.9 per cent

Published on Jan 17, 2012 by
http://www.euronews.net/ Growth in the world's second biggest economy, China, slowed to its weakest pace for two and a half years at the end of 2011.

In the fourth quarter, China's total economic output grew by 8.9 per cent. The figure for the year as a whole was 9.2 per cent.

They are still figures that stand head-and-shoulders above economic growth in the majority of the world, but analysts are warning that the Chinese slowdown has not stopped yet.

ABC World News Now: Webcast: Italy Cruise Ship Sinking; Wikipedia Goes Offline

Uploaded by on Jan 17, 2012
today's top ABC News headlines: including why Wikipedia will be shutting off its website on January 18th.

Goldbug100 - Geely Automobile Holdings Ltd. (0175.HK) increased shareholding by 100%

at HK$ 2.03 bring the average purchase price down to HK$2.31
0175.HK 7:59AM 2.06 Up 0.08 Up 4.04%
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Geely Automobile Holdings Ltd (0175.HK) Company Profile - Reuters

Google Finance

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article

Geely Automobile Holdings Ltd’s Emgrand EC7 family hatchback and saloon will be something of a first when it goes on sale in the UK. Geely, which is currently mid-way through a UK dealer recruitment programme targeting 40 dealers, appears to be trying to do what Hyundai and Kia have done in recent years and build a position quickly from scratch by offering “good quality, really good value for money and a long warranty.”

Matthew Cheyne, market development director Geely Auto UK said: “Initially this year we are looking to appoint between 30 and 40 dealers to provide sales and service facilities in the UK, including Northern Ireland.  More will be appointed in 2013 as the brand grows and more new models arrive.”
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Uploaded by on Jul 8, 2011

Romania - Anger in Bucharest after days of violence

Published on Jan 17, 2012 by
http://www.euronews.net/ In Bucharest, the clean-up has begun in earnest following violent protests against government spending cuts.

Marches have been held for four straight days, but the past two have been marred by clashes with police.

Residents want tough punishment for those who vandalised local businesses.

"My opinion is that everything started good and finished bad. Those hooligan gangs have come and done what we can see in the whole of Bucharest," said one woman.

Hungary - threatened with legal action

Published on Jan 17, 2012 by
http://www.euronews.net/ The Hungarian government of Prime Minister Viktor Orban faces possible legal action by the European Commission. It is due to several controversial changes to the country's constitution. The unpopular laws include allowing the prime minister to appoint a new central bank deputy governor but that may violate the EU treaty.

S and P downgrades downplayed

Published on Jan 17, 2012 by
http://www.euronews.net/ In the aftermath of the so-called 'Black Friday' mass downgrading of eurozone countries, politicians and economists were quick to play down the significance and impact of the move.

Indeed at an auction of short-term French government bonds on Monday the country's borrowing costs went down.

On Friday, France and Austria lost their AAA credit ratings from Standard and Poor's - slipping one notch to AA+.