EUROPE to create Finance FBI, warning US to block surveillance

EUROPE to create GFR Global Finance RegulatorEuropean Leaders discuss Global Financial Regulator. Angela Merkel and Nicholas Sarkozy call for a new economic FBI similar to the U.N. Security Council—and warn the...

Low cost Internet phone revolution beckons for India

The internet continues to revolutionize communications around the world; this is the Network Age."Under the plan proposed this week by the Telecom Regulatory Authority of India, people could call from their...

Qantas experiences plane problems yet again

August has not been the best month for Qantas Airlines as a string of airplane malfunctions has threatened to challenge the world’s third best airline status that Qantas has been granted according to the results...

Citi to Buy Back Auction Rate Securities

" Citigroup  Inc. will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators announced Thursday. "Citi Group, which is...

Website naming rules may be relaxed

"The way the internet works could be changed forever following a proposed relaxation of the rules governing domain rules.Up until now websites could only use certain suffixes at the end of internet addresses, such as ".co.uk", ".com" or ".org". But in a move to liberalise the...

Euro MTV Fined $485k for 'Extensive Offensiveness'

Remember Aphex Twin?  For one, I can't believe that MTV is getting fined almost $500,000 for playing a video from, oh, I don't know...nine years ago. But, then again, after watching the first nine seconds of...

Exams system faces health check

This news comes shortly after Prime Minister Gordon Brown revealed that hospitals will now be paid based on patient satisfaction rather than number of pateitns treated."The public is to be asked whether it thinks standards in exams are falling, by a new independent...

BBC and ISPs clash over iPlayer

"A row about who should pay for extra network costs incurred by the iPlayer has broken out between internet service providers (ISPs) and the BBC. ISPs say the on-demand TV service is putting strain on their networks, which need to be upgraded to cope.Ashley Highfield, head of...

Europe clears mobiles on aircraft

The EU has approved mobile phone use on airplanes in Europe. Now it will be up to the airlines as to whether they want to begin allowing mobile use on their planes. "The use of mobiles on planes flying in European airspace has been given formal approval by the European...

UK increases airport landing fees at Heathrow and Gatwick

The UK continues to heap tax increases on the country's bust aviation industry, now approving drastic price increases to flights landing at Heathrow and Gatwick. The move comes just as the open skies agreement was...

Fallout from isotope crisis hits top regulator

"Linda Keen has been sacked as president of the Canadian Nuclear Safety Commission (CNSC), as the row over the NRU shutdown intensifies. On 15 January the Canadian government removed Keen as president, citing a serious erosion of faith in her leadership. The government said...

Bell Canada to run Do Not Call List

Isn't the first rule of telemarketing to call anyone and everyone on a "Do Not Call" list?"Bell Canada will operate the National Do Not Call List. The CRTC announced Friday that it has awarded a five-year contract...

CANADA:Nuclear Thefts Raise Security Fears

Well that can't be good!"Record nuclear thefts raise fears about security failures Ottawa Citizen Published: Thursday, November 22, 2007 A record number of low-level radioactive materials, the kind terrorists...

Temasek says `not guilty` of breaking Indonesian competition law

"Temasek executive director Simon Israel said Temasek was "not guilty" and the company would fight the ruling by the Indonesian business regulator which is also known as KPPU.Temasek owns 56 percent of Singapore Telecommunications (SingTel) which in turn owns 35 percent of...

Parking wardens to become council 'spies'

"Parking attendants could soon be able to hand out on-the-spot fines if they catch anyone dropping litter. The attendants will be re-named "civil enforcement officers" and allowed to issue penalty notices for fly-posting and graffiti. They would also become council "spies",...

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