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Posts Tagged ‘Sunday’

EU finance ministers to meet on Irish aid plan Sunday

In Uncategorized on November 27, 2010 at 1:51 pm

European Union finance ministers are to meet in Brussels on Sunday to discuss the EU aid plan for debt-ravaged Ireland, a French source said Saturday.

The source familiar with the issue said French Finance Minister Christine Lagarde had called for a meeting of her colleagues from eurozone countries, to be joined afterwards by ministers from the rest of the EU.

Originally it had been planned for them to communicate simply by telephone to approve the package worth 85 billion euros (113 billion dollars) and its conditions, the source added.


Source: SGGP

Hanoi’s response to plastic packet-free Sunday

In Uncategorized on August 9, 2010 at 3:21 pm

Hanoi’s response to plastic packet-free Sunday

QĐND – Monday, August 09, 2010, 21:37 (GMT+7)

People from all the 29 precincts and districts of Vietnam ’s capital city poured into the streets on August 8 in response to the “Hanoi-Sunday free from plastic packets” programme. 

The main event was held at West Lake Water Park, along with a large number of environmentally-friendly activities across Hanoi.

Groups of paddlers cycled around main streets with posters for environmental protection, and promotion girls and boys distributed environmentally-friendly packets at markets. As many as 60,000 paper and cloth packets, which are easily disintegrated in the environment, will be distributed free to shoppers on this occasion.  

The Director of the Hanoi Environmental Protection Fund, Nguyen Thi Kim Thanh, said the freshly-concluded pilot programme has shown encouraging results. Leaders in the retail industry such as the Hanoi Trade Corporation and Metro supermarket target assistance towards establishing a habit of using environmentally-friendly packets instead of plastic packets among customers. 

Metro giant even prints a slogan “Joining hands in environmental protection” on the surface of their packets.  

Ms. Thanh emphasized the need to step up information campaigns encouraging people to stop using plastic packets which are harmful to the environment.  

Statistics released by the Hanoi Supermarket Association showed that a housewife uses at least 12 plastic packets a day, putting a huge quantity of such environmental enemy out of control.

Source: VOV

Source: QDND

Eurozone set to endorse Greek bailout plan Sunday

In Uncategorized on May 3, 2010 at 8:33 am

 Debt-laden Greece‘s eurozone partners are set to endorse a multi-billion euro emergency bailout package on Sunday, after six months of fraught negotiations marked by German reticence.

Rioting in Greece Saturday over tough government belt-tightening piled the pressure on the 15 other countries that use the euro currency to release the rescue funds in a joint deal with the International Monetary Fund.

German Chancellor Angela Merkel however has insisted that this help can’t be unconditional, so the desperately needed loans of up to 120 billion euros (160 billion dollars) will be offered in return for more deep cuts in spending and tax rises.

The EU and the International Monetary Fund have asked for Greece to slice 10 percentage points off a public deficit that ballooned to 13.6 percent of output in 2009, according to a German union official.

A demonstrator tries to avoid a petrol bomb during clashes between police and demonstrators in central Athens.

A Greek finance ministry source said the deal was finally concluded on Saturday evening after round-the-clock talks in Athens with the European Commission and the IMF.

The cabinet of Prime Minister George Papandreou was due to meet at 9:30 am (0630 GMT) Sunday to announce the deal live on television, a Greek government source told AFP.

Then at 4:00 pm (1400 GMT) in Brussels, the 16 eurozone finance ministers will meet, hoping to formally back the plan.

The sprint to the finish is not only a bid to save Greece from defaulting on its loans but also to ward off speculators, who have begun to stalk other weak eurozone economies, especially Portugal and Spain.

The aim of the special meeting in Brussels is to greenlight three years worth of loans to Greece, two thirds of which were to come from euro partners with the remainder from the IMF.

After the finance ministers back the deal, the plan may still go to euro country heads of government and state — the German parliament, for example, would have to approve it.

Only then could the money can be physically transferred to Athens.

Greece has warned it is in danger of defaulting on its debts if markets are allowed to sustain their attacks in the run-up to a critical May 19 deadline.

Germany appeared to soften its resistance to a bailout over the past week as the interest Greece has to pay to raise funds shot up to a punitive 10 percent — twice the five-percent rate expected to be on offer from the EU.

The final deal will force fresh budget cuts on Greece through until 2012, as well as broader structural reforms to its overall economy, described by the European Commission as “fundamental.”

Source: SGGP

Britain extends flight ban until 1800 GMT Sunday

In Uncategorized on April 18, 2010 at 4:36 am

LONDON, April 18, 2010 (AFP) – Britain has extended a ban on most flights in its airspace until at least 1800 GMT Sunday due to the volcanic ash cloud, air authorities announced.

“The volcanic ash cloud from Iceland shows continued and extensive cover of the UK,” the National Air Traffic Services said in a statement Sunday.

“Based on the latest information from the Met Office, NATS advises that the restrictions currently in place across UK controlled airspace will remain in place until at least 19:00 (UK time) today.”

A man sleeps on April 17, 2010, as he wait for the resumption of air travel at the Marseille-Provence airport, in Marignan, southern France. Around 20 French airports have been closed since Thursday by the cloud of ash released from the volcanic eruption in Iceland. AFP PHOTO

NATS said it would continue to provide information from the Met Office national weather service and would provide a further update at around 9:00 am (0800 GMT).

The Met Office said it had detected evidence of ash dust over Britain and had reports of it reaching the ground.

“We continue to look for weather windows that will allow air space restrictions to be lifted,” it said.

A research flight Friday found “three distinct layers of ash, from fine particles at low levels to large particles around 8,000 feet (2,400 metres),” it said.

“All these observations are consistent with our forecast plumes for where the ash cloud would spread and how it would mix through the atmosphere.”

Source: SGGP