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Posts Tagged ‘total’

Seven more US bank failures bring year’s total to 103

In Uncategorized on July 24, 2010 at 11:17 am

Seven more local and regional banks have closed their doors in the United States, bringing the total number of US bank failures to 103 this year, federal bank regulators announced.

The numbers released by the Federal Deposit Insurance Corporation indicate that the failure rate in 2010 was quicker that the year before.

Only 64 banks went under in the United States by this time last year. A total of 140 bank failures were registered in all of 2009, according to the FDIC.


Source: SGGP

Total charged with graft in Iraqi oil-for-food programme

In Uncategorized on April 6, 2010 at 9:07 am

French oil giant Total said Tuesday it has been charged with corruption and influence-peddling relating to the United Nations’ Iraqi oil-for-food programme of the 1990s.

A French Total refinery

A French judge decided on February 27 to charge the company and several other defendants despite a prosecutor’s request that the investigation be dropped.

Total lawyer Jean Veil told AFP the oil firm is accused of corruption, complicity to deal in stolen property and influence peddling in connection with the UN programme that ran from 1996 to 2003.

“The judge made this decision against all expectations,” said Veil.

Paris prosecutors in September had asked that all charges be dropped against former interior minister Charles Pasqua and Total chief executive Christophe de Margerie but said 11 other suspects should stand trial.

Launched in 1996, the 64-billion-dollar oil-for-food programme was designed to allow Iraq, then under crippling international sanctions, to sell limited quantities of oil to buy humanitarian supplies.

But the programme was plagued with mismanagement and corruption involving UN employees and more than 2,000 firms from some 60 countries.

In 2002 a French investigation targeted several officials who allegedly received rights to purchase barrels of oil from former president Saddam Hussein’s regime at discount prices.

Les Echos financial newspaper reported that Total is accused of paying bribes to Iraqi officials to gain access to oil supplies sold under the UN programme.

France’s biggest-earning firm, Total has rejected the accusations, insisting that it acted in strict accordance with the rules of the UN programme.


Source: SGGP

Two more swine-flu deaths lift total to 26

In Social life on October 24, 2009 at 3:01 am

Two more swine-flu deaths lift total to 26

QĐND – Thursday, October 22, 2009, 21:2 (GMT+7)

A woman and a child have died of A/H1N1 flu, bringing the country’s total fatalities to 26 out of 10,268 cases of infection, according to Nguyen Huy Nga, Director of the Preventive Medicine and the Environment Department under the Ministry of Health.

Nga was speaking on October 21 at the weekly meeting of the National Steering Committee for A/H1N1 flu pandemic prevention.

The 60-year-old woman residing in Son Dong District, Bac Giang province, suffered from diabetes, high blood pressure and kidney failure.

Mr. Nga warned that 60 percent of the patients were female, 25 percent of which were pregnant.

Meanwhile, the 20-month-old girl in Central Da Nang City suffered from coughing and high fever.

It is expected that more than 900,000 people who belong to high-risk groups will be prioritised for A/H1N1 vaccinations. If necessary, about 3.3 million selected people will be vaccinated against A/H1N1 flu prevention nationwide.

The World Health Organisation reported on October 15 that the organisation has put Vietnam on the list of nations to be provided with A/H1N1 vaccines.

According to the health ministry, from now until 2010, the WHO will supply more than 1 million vaccine doses for nearly 2 percent of Vietnam’s population.

The amount may increase but will not amount to more than 10 percent of the population. The donated vaccines are expected to be sent to Vietnam in the last quarter of this year.

The Ministry of Health has also bought between 500,000 and 1 million doses of the vaccine from WHO-recognised pharmaceutical companies.

Source: VOV

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