News Category : Government

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Government
Huge Blasts in China’s Tianjin port city claiming 17 lives and leaving hundreds more injured
NEWS RELEASE Huge Blasts in China’s Tianjin port city claiming 17 lives and leaving hundreds more injured

State media said the blasts happened in a warehouse storing "dangerous and chemical goods" in the port area of the city. Pictures and video on social media showed flames lighting up t....

@LubeStudio
2 yearss ago
Government
Government failing to address housing supply, says Rics as House Sales Sink to record Lows
NEWS RELEASE Government failing to address housing supply, says Rics as House Sales Sink to record Lows

As a result, demand was outstripping supply, it said, and prices were likely to see further "sizeable gains". But the government insisted that more homes were being built, particularl....

@LubeStudio
2 yearss ago
Government
Russia destroys tonnes of foreign food imported in Violation of Sanctions
NEWS RELEASE Russia destroys tonnes of foreign food imported in Violation of Sanctions

The country has also steamrollered fruit and burnt a huge pile of bacon. The actions come a year after Russia banned some Western food products in retaliation to EU and US sanctions applied aft....

@LubeStudio
2 yearss ago
Government
Australian PM Abbott says 'baffling mystery' of MH370 is closer to resolution following confirmation of Debris
NEWS RELEASE Australian PM Abbott says 'baffling mystery' of MH370 is closer to resolution following confirmation of Debris

PM Najib Razak said experts examining the debris in France had "conclusively confirmed" it was from the aircraft. However investigators have stopped short of confirming the link, sayi....

@LubeStudio
2 yearss ago
Government
Malaysian PM confirms debris found in Reunion is indeed from missing MH370
NEWS RELEASE Malaysian PM confirms debris found in Reunion is indeed from missing MH370

Mr Najib said international experts examining the debris in France had "conclusively confirmed" it was from the aircraft. The Malaysia Airlines plane carrying 239 people veered off co....

@LubeStudio
2 yearss ago
Government
Government sells £2.1bn of shares in RBS a third below the price it paid.
NEWS RELEASE Government sells £2.1bn of shares in RBS a third below the price it paid.

It sold a 5.4% stake at 330p a share, a 7.6p discount on Monday's closing price. Chancellor George Osborne is facing criticism for selling the shares at well below the price of about 500p t....

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2 yearss ago
Government
India blocks 900 Free to access porn sites amid Child Safety Concerns
NEWS RELEASE India blocks 900 Free to access porn sites amid Child Safety Concerns

Adults will still be able to access the sites using virtual private networks (VPNs) or proxy servers. In July, the Supreme Court expressed its unhappiness over the government's inability to....

@LubeStudio
2 yearss ago
Government
MH370 Search: Malaysia calls for wider vigilance after wing debris is recovered
NEWS RELEASE MH370 Search: Malaysia calls for wider vigilance after wing debris is recovered

The Malaysia Airlines plane, carrying 239 people, vanished in March 2014. The Boeing-777 was travelling from Kuala Lumpur to Beijing. The wing part discovered on Wednesday has been taken to ....

@LubeStudio
2 yearss ago
Government
Investigations into German spy leaks website underway for possible treason
NEWS RELEASE Investigations into German spy leaks website underway for possible treason

Netzpolitik.org reported on plans to expand the country's domestic surveillance of online communications earlier in the year. The site says it has received a letter from prosecutors announc....

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2 yearss ago
Government
Greek PM Tsipras Forced to defend Varoufakis over Secret 'Grexit' plan
NEWS RELEASE Greek PM Tsipras Forced to defend Varoufakis over Secret 'Grexit' plan

Yanis Varoufakis last week confirmed that he worked on a contingency plan in case emergency funding to the Greek financial system was cut off. He has been accused of secretly planning a Greek e....

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2 yearss ago
Government
‘No Deal’ in TPP negationations despite progress in the Week Long trade talks
NEWS RELEASE ‘No Deal’ in TPP negationations despite progress in the Week Long trade talks

But the US trade representative Michael Froman said ministers were more confident than ever that a deal on the proposed Trans-Pacific Partnership was within reach. He said it would support jobs....

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2 yearss ago
Government
IMF wary any financial contribution in a third Greek bailout
NEWS RELEASE IMF wary any financial contribution in a third Greek bailout

The implication of remarks by an IMF official is that it is very unlikely to provide funds at the first stage. The fund could however join in later, provided both the eurozone and Athens take s....

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2 yearss ago
Government
Interest Rate Hike Likely this Year as US Fed sounds out positive outlook on economy
NEWS RELEASE Interest Rate Hike Likely this Year as US Fed sounds out positive outlook on economy

The US central bank said it had unanimously agreed to keep rates at close to zero this month, but believed the economy was on a stronger footing. "Economic activity has been expanding mode....

@LubeStudio
2 yearss ago
Government
US Government Funds $3 Million Cryptocurrency Research Initiative
NEWS RELEASE US Government Funds $3 Million Cryptocurrency Research Initiative

Cornell, the University of Maryland and the University of California Berkeley will focus on developing new cryptocurrency systems that, according to principal investigator Elaine Shi, will address....

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2 yearss ago
Government
UK homes off limits to foreigners with ‘plundered or laundered’ cash PM Cameron says
NEWS RELEASE UK homes off limits to foreigners with ‘plundered or laundered’ cash PM Cameron says

Speaking in Singapore, the prime minister vowed to expose the use of "anonymous shell companies" to buy luxury UK properties - often in London. The PM said his message was "Londo....

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2 yearss ago
Government
David Cameron’s South East Asia Tour to Secure £750m in trade deals for Britain
NEWS RELEASE David Cameron’s South East Asia Tour to Secure £750m in trade deals for Britain

Mr Cameron is to be accompanied by 31 British business leaders on the trade mission, which starts in Indonesia. The UK prime minister says he wants to forge links with the area's rapidly gr....

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2 yearss ago
Government
Record recalls to cost Fiat Chrysler $105m in fines in US
NEWS RELEASE Record recalls to cost Fiat Chrysler $105m in fines in US

Under the agreement with the National Highway Traffic Safety Administration, the automaker will also offer to buy back as many as 1.5 million vehicles. An independent monitor will audit the US-....

@LubeStudio
2 yearss ago
Government
New Small business commissioner to target late payments from large firms
NEWS RELEASE New Small business commissioner to target late payments from large firms

It estimates small firms are owed £26bn in late payments - and chasing debts costs them millions of pounds more. Business minister Anna Soubry said the role would tackle the power "i....

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2 yearss ago
Government
100,000 Petition Authorities as French Riviera beach closed for Saudi king
NEWS RELEASE 100,000 Petition Authorities as French Riviera beach closed for Saudi king

The petition insists the public beach in Vallauris should be "available for the benefit of all". Authorities sealed off the beach early on Saturday to prevent any protesters from occu....

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2 yearss ago
Government
Successful Cargo Ship Trials for Egypt’s second Suez Canal
NEWS RELEASE Successful Cargo Ship Trials for Egypt’s second Suez Canal

Construction on the new lane, which runs alongside part of the existing canal, started less than a year ago.  The 72km (44 mile) route allows two-way traffic and can accommodate larger ves....

@LubeStudio
2 yearss ago
Government
'Africa is on the move' President Obama Declares on Trip to Kenya
NEWS RELEASE 'Africa is on the move' President Obama Declares on Trip to Kenya

(BBC) - US President Barack Obama has praised Africa's economic and business potential in a speech in Nairobi on the first full day of his visit to Kenya. "Africa is on the move... Peo....

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2 yearss ago
Government
HMRC to tighten snooze on Internet companies in 'tax crackdown'
NEWS RELEASE HMRC to tighten snooze on Internet companies in 'tax crackdown'

(BBC) - Internet companies may have to provide more information on people and businesses who sell goods and services online, in a crackdown on tax evasion. HM Revenue & Customs wants to tar....

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2 yearss ago
Government
Six Banks enrol on the Governments Help to Buy Isa Scheme
NEWS RELEASE Six Banks enrol on the Governments Help to Buy Isa Scheme

(BBC) - Some of the banks and building societies participating in the government's Help to Buy Isa scheme have been named. Barclays, Lloyds Banking Group, Nationwide, NatWest, Santander and....

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2 yearss ago
Government
Shareholders hampering Investment says Bank of England Chief Economist
NEWS RELEASE Shareholders hampering Investment says Bank of England Chief Economist

(BBC) - The Bank of England's chief economist has expressed concern that shareholder power is leading to slower growth. Andy Haldane told BBC Newsnight that business investment had been low....

@LubeStudio
2 yearss ago
Government
UK Government urged to 'get on' with Heathrow Airport expansion
NEWS RELEASE UK Government urged to 'get on' with Heathrow Airport expansion

(BBC) - Heathrow Airport's chief executive urged the government to "get on" with expansion as it reported a pre-tax profit of £120m for the six months to end of June. That c....

@LubeStudio
2 yearss ago
Government
Obama: UK Must Stay in the EU for ‘continued influence’ in the world
NEWS RELEASE Obama: UK Must Stay in the EU for ‘continued influence’ in the world

(BBC) - The UK must stay in the European Union to continue to have influence on the world stage, US President Barack Obama has told the BBC. He said the UK's EU membership "gives us mu....

@LubeStudio
2 yearss ago
Government
Tunisia's Tech Ministry Seeks Blockchain Intern
NEWS RELEASE Tunisia's Tech Ministry Seeks Blockchain Intern

Tunisia’s Ministry of Communication Technologies and Digital Economy is reportedly looking to explore both bitcoin and blockchain technology. The news follows the publication of an intern....

@LubeStudio
2 yearss ago
Government
CAA toughens rules as it warns Drone pilots following ‘Near Misses’
NEWS RELEASE CAA toughens rules as it warns Drone pilots following ‘Near Misses’

(BBC) - A "near miss" between a passenger jet and a drone has prompted warnings about safe use of the hobby aircraft. An Airbus A320's wing passed 6m (20ft) below a drone hovering....

@LubeStudio
2 yearss ago
Government
UK’s FCA introduces text alerts to savers when their Interest rates change
NEWS RELEASE UK’s FCA introduces text alerts to savers when their Interest rates change

(BBC) - Savers will receive a text message alert when their bonus introductory interest rate has expired, under new plans by the UK financial regulator. Many people with savings accounts automa....

@LubeStudio
2 yearss ago
Government
Giant Step forward as Greek MPs pass crucial bailout reforms
NEWS RELEASE Giant Step forward as Greek MPs pass crucial bailout reforms

Greece has taken a crucial step towards a bailout after its parliament passed a second set of reforms. The passage of the measures means that negotiations on an €86bn European Union bailou....

@LubeStudio
2 yearss ago
Government
Small scale solar energy subsidies set to end
NEWS RELEASE Small scale solar energy subsidies set to end

Subsidies for many new solar farms are to end under plans being published by the government. The Department of Energy and Climate Change (DECC) is consulting on plans that would see subsidies f....

@LubeStudio
2 yearss ago
Government
New Migrant analysis shows stark variations in Employment levels, wages and welfare claims
NEWS RELEASE New Migrant analysis shows stark variations in Employment levels, wages and welfare claims

(BBC) - Employment levels, wages and benefits vary widely between different groups of migrants in the UK, analysis suggests. Research by MigrationWatch, which campaigns for tighter immigration con....

@LubeStudio
2 yearss ago
Government
Brics countries launch new development bank in Shanghai
NEWS RELEASE Brics countries launch new development bank in Shanghai

The Brics group of emerging economies on Tuesday launched its New Development Bank (NDB) in Shanghai. The bank is backed by Brazil, Russia, India, China and South Africa - collectively known as....

@LubeStudio
2 yearss ago
Government
Greece no longer in ‘default’ IMF
NEWS RELEASE Greece no longer in ‘default’ IMF

(BBC) - The International Monetary Fund (IMF) has confirmed that Greece has cleared overdue debt repayments of €2.05bn (£1.4bn) and is no longer in arrears. The repayments, and anoth....

@LubeStudio
2 yearss ago
Government
Cuba and US diplomatic relations formally restored
NEWS RELEASE Cuba and US diplomatic relations formally restored

(BBC) - Cuba and the US have formally restored diplomatic relations after an agreement struck last year putting aside decades of hostility came into force. Just after midnight local time, the d....

@LubeStudio
2 yearss ago
Government
Banks reopen amid tax rise in Greek Debt Crisis
NEWS RELEASE Banks reopen amid tax rise in Greek Debt Crisis

(BBC) - Greek banks are reopening after three weeks of closures sparked by the deadlock over the country's debt. Athens reached a cash-for-reforms deal aimed at avoiding a debt default a....

@LubeStudio
2 yearss ago
Government
Japan's Mitsubishi aplologises for WWII U.S.A POW
NEWS RELEASE Japan's Mitsubishi aplologises for WWII U.S.A POW

(BBC) - Japan's Mitsubishi corporation has made a landmark apology for using US prisoners of war as forced labour during World War Two. A senior executive, Hikaru Kimura, expressed remorse ....

@LubeStudio
2 yearss ago
Government
Merkel Signals possible reprieve in Greek debt crisis
NEWS RELEASE Merkel Signals possible reprieve in Greek debt crisis

(BBC) - German Chancellor Angela Merkel says she is prepared to consider further debt concessions to Greece once its latest economic reforms are worked out. In a television interview, she said ....

@LubeStudio
2 yearss ago

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