Make it your homepage |   E-mail: Subscribe Unsubscribe

Students aim to turn science to dollars

This text is replaced by the Flash movie.

Sunday, May 19, 2013
News Making Money

Ukraine delays ex-PM trial until after Euro 2012 final

25/06/2012 07:50 (327 Day 22:16 minutes ago)

The FINANCIAL -- Ukraine on Monday postponed the latest trial of jailed ex-premier Yulia Tymoshenko until after the Euro 2012 final as pressure mounted on the tournament co-hosts to drop the controversial case.

ADVERTISEMENT

 

The presiding judge set the next hearing for July 10 -- more than a week after some of the attention fades off Ukraine with the completion this weekend of European football's premier international event.

Several thousand of Tymoshenko's supporters and foes held rival rallies outside the courtroom in the eastern city of Kharkiv, where the fiery opposition leader is serving a seven-year sentence on abuse-of-power charges.

"Freedom for Yulia", Tymoshenko's supporters chanted while those on the other side of a line of riot police held up signs saying "The country suffered and she just kept talking" in reference to her 2007-2010 term as premier.

Tymoshenko herself was absent from the hearing -- this one focused on her tax dealings dating back to the 1990s -- after being granted permission to continue recuperating in a Kharkiv hospital from her persistent back problems.

The court on Monday agreed with a prosecution request to order Tymoshenko to undergo a health examination by authorised doctors who could determine her fitness to stand trial.

"We have to get this issued resolved," prosecutor Marina Kapinos told reporters.

That ruling threatens to create another confrontation following an earlier claim by Tymoshenko -- distrustful of local doctors and now treated by a German medical team -- of being beaten by guards who tried taking her to a state-mandated clinic.

But rules also allow a judgement on Tymoshenko's health to be issued based on a review of her medical records rather than an actual examination.

Tymoshenko's lawyer called the medical examination ruling a "crude violation" of the defence team's rights.

EU states have been watching the case closely for months and were formally represented in court by former Polish president Alexander Kwasniewski and Ireland's one-time European Parliament leader Pat Cox.

They had both visited Tymoshenko in hospital on Sunday, the latest in a host of European dignitaries to go through the gates of a small clinic run by the Ukrainian railways.

The case of the 51-year-old 2004 Orange Revolution leader has set Ukraine on a collision course with the European Union that has delayed the signature of an agreement that could pave the way for Kiev 's future membership in the bloc.

EU leaders support Tymoshenko's claims that her prosecution is a part of the current authorities' vendetta and some have boycotted football matches that Ukraine is hosting in four cities -- including Kharkiv -- alongside co-hosts Poland.

The two Euro 2012 semi-finals will be played Wednesday and Thursday while the final will be held in Kiev on Sunday.

According to EUbusiness, the latest Tymoshenko hearings began in April and have already been adjourned twice on account of her health.

A two-metre (seven-foot) glass wall was set up inside the courtroom that enclosed a special space for Tymoshenko with a chair and table and even some potted plants in case of her future attendance.

Officials had initially ordered her presence before agreeing on Sunday to excuse her in the face of likely protests from both her Ukrainian supporters and the West.

But Tymoshenko will also be in the news on Tuesday when a judge hears her appeal against last year's abuse-of-power conviction.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.



World News
Indonesia’s Growth Attracts Insurers, While Capital Requirements Deter Them

07/05/2013 04:15 (12 Day 01:51 minutes ago)

The FINANCIAL -- Countries within the Association of South East Asian Nations (ASEAN) are continuing to grow economically and are increasing interest in the region, states a newly released report from A.M. Best Co.

South American Central Bank Chiefs Say Liquidity, Inflation Posing Risks

13/04/2013 03:16 (36 Day 02:50 minutes ago)

The FINANCIAL -- Continued ample global liquidity and regional inflation prompted by external supply shocks are risks that require special care for governments across South America, the central bank chiefs of 10 nations from the region said Friday.

IPA CIS and PACE co-operation ‘an excellent example of parliamentary diplomacy’

12/04/2013 04:48 (37 Day 01:18 minutes ago)

The FINANCIAL -- The heads of the parliamentary arms of the Commonwealth of Independent States and the Council of Europe have hailed the dynamic co-operation which exists between the two bodies, describing it as “an excellent example of parliamentary diplomacy”.

Progress in tackling early school leaving and raising higher education attainment

12/04/2013 04:18 (37 Day 01:48 minutes ago)

The FINANCIAL -- A majority of EU Member States have made progress on the Europe 2020 education targets to reduce the rate of early school leaving to below 10% and increase the share of young people with higher education qualifications to above 40% by 2020, according to new figures for 2012 released by Eurostat.


Politics
“The ECA’s role of external auditor of the EU is more important than ever in its 35-year history”

09/05/2013 06:55 (9 Day 23:11 minutes ago)

The FINANCIAL -- Luxembourg Prime Minister Juncker, Minister of State Perry representing the Irish Presidency of the Council, and ECA President Caldeira, spoke today - the eve of Europe Day - at the inauguration of the ECA’s new building, about the challenges facing the European Union and the role of the European Court of Auditors .

Read more...
Markets
On sale, but unsafe: EU risklist reports thousands of dodgy products

18/05/2013 05:52 (1 Day 00:14 minutes ago)

The FINANCIAL -- A record number of 2,278 products were reported to the EU’s rapid alert system for dangerous consumer products (RAPEX) in 2012.

TRAVEL BIZ
Marriott International Increases Dividend 30 Percent

14/05/2013 02:22 (5 Day 03:44 minutes ago)

The FINANCIAL -- Marriott International, Inc. announced that its Board of Directors raised the company’s quarterly dividend by four cents ($0.04) to seventeen cents ( $0.17) per share, which represents a 30 percent increase over the previous quarterly dividend amount of $0.13 per share.

Read more...
Washington National Cathedral Earns $100,000 Grant as Winner of Partners in Preservation

14/05/2013 02:14 (5 Day 03:52 minutes ago)

The FINANCIAL -- American Express and the National Trust for Historic Preservation today announced the Washington National Cathedral as the winner of Partners in Preservation, the region’s first-ever preservation effort powered by social media.

Read more...
Oil&Auto
Ford Fiesta Europe’s Best-Selling Small Car in First Quarter of 2013

18/05/2013 08:04 (22:02 minutes ago)

The FINANCIAL -- The Ford Fiesta was Europe’s best-selling small car in March and for the first three months of 2013, according to the latest figures from the world's leading provider of automotive data and intelligence, JATO Dynamics.

Read more...
INSURANCE
Zurich delivers strong results for the first quarter 2013

18/05/2013 06:19 (23:47 minutes ago)

The FINANCIAL -- Zurich Insurance Group (Zurich) reported a business operating profit (BOP) of USD 1.4 billion and net income attributable to shareholders (NIAS)1 of USD 1.1 billion for the three months ended March 31, 2013.

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group