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Archive For: The Crunch

Development of Rio's international airport free of corruption, officials say

Aug 17, 2015 As investigations into Brazil’s corruption scandal threaten to hold up Olympic preparations, Luiz Rocha, the president of the Rio de Janeiro’s international airport has moved to assert that the airport project is corruption free. Marcelo Odebrecht, chief executive of the Odebrecht organization, the parent company of the outfit in charge of the ... Read More
 

Ronaldo’s disguise video goes viral

Aug 17, 2015 Real Madrid and Portugal super-star, Cristiano Ronaldo took over social media by storm with the release of his disguise video. The Real Madrid superstar, who was cunningly disguised as a homeless person, with bedraggled beard, padded suit and dog companion, spent an afternoon showing off his skills in Madrid’s Plaza del Callao ... Read More
 

RMB value gap basically covered, currency still strong: PBOC

Aug 17, 2015 Following the recent devaluation of the Yuan, a Chinese central bank official has asserted that the country’s currency will remain strong for a long time, after it was rumored that the devaluation will lead to a currency slump. Zhang Xiaohui, Assistant Governor of the People’s Bank of China (PBOC) said this during ... Read More
 

Germany's DAX rebounds from China hit

Aug 17, 2015 Following the decline in the Chinese Yuan that rocked the global money market, European shares have bounced back after a four-percent fall. Fidel Helmer, a stock trader from Hauck & Aufhaeuser, said that Germany’s DAX index was up 1.15 percent to 11,048 points and that traders were hoping that the Yuan will ... Read More
 

Global leaders focus on poverty reduction at financing for development conference.

Aug 17, 2015 At the Third International Conference on Financing for Development in Addis Ababa, Ethiopia, Global leaders paid great attention to the importance of the commitment to reduce poverty and promote inclusive growth The four day event saw about 7,000 stakeholders, including government representatives, corporate leaders and civil society leaders, meet to find strategies ... Read More
 

Nigeria's president purges defence top brass to take on Boko Haram.

Aug 17, 2015 Nigeria’s President Muhammadu Buhari has started to make moves into creating the team that will partner with him for the next 4 years. He relieved his army, navy, air force and defence chiefs of their duties and swiftly replaced all four men, naming in addition, a new national security adviser. Major-General Abayomi ... Read More
 

New dinosaur, Wendiceratops, discovered in Canada

Aug 17, 2015 Scientists have announced the discovery of a new dinosaur which existed millions of years ago. Wendiceratops as it will be called, is a 20-foot-long, two-ton beast with a prominent, upright horn atop its nose and a series of short, forward-curling hooks adorning a bony, shield-like frill at the back of its head. ... Read More
 

Carolina governor signs bill to remove Confederate flag.

Aug 17, 2015 Americans around the United State celebrated the permanent removal of the Confederate flag in South Carolina. Governor Nikki Haley signed into legislation the permanent removal of the battle flag from the state capitol grounds, after an emotional debate started by the massacre of nine black churchgoers last month. The bill was signed ... Read More