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Sunday, May 26, 2013
News Making Money

Tbilisi to host Futsal Cup finals

10/12/2012 02:07 (166 Day 23:19 minutes ago)

The FIANANCIAL -- The 9,540-capacity Tbilisi Palace of Sports will stage the 2012/13 UEFA Futsal Cup finals in late April involving home club Iberia Star Tbilisi , holders FC Barcelona, MFK Dinamo and Kairat Almaty, UEFA said.

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The decision was taken last Thursday's UEFA Executive Committee meeting in Lausanne. It will be the first UEFA final tournament to be held in Georgia since independence, though the 2015 UEFA Super Cup will take place in Tbilisi . The draw for the knockout event will be made next year.

 

Iberia are the only side to have entered all 12 editions of the competition but are making their debut at this advanced stage. The Tbilisi Palace of Sports was built in 1961 and renovated in 2007. As well as futsal, it plays host to basketball, handball, judo, tennis and boxing.

 

Iberia follow in the footsteps of previous host clubs Barcelona (in Lleida), Kairat, MFK Sinara Ekaterinburg, Dinamo and ElPozo Murcia FS; prior to 2007, the final was a two-legged affair.

 

 

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

07/05/2013 04:15 (18 Day 22:11 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 (42 Day 23:10 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 (43 Day 21:38 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 (43 Day 22:08 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.

CityLife
Wedding Season: What You'll Spend to Attend

30/04/2013 01:47 (26 Day 00:39 minutes ago)

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The FINANCIAL -- Sixty-nine million Americans will attend one or more weddings this year, and they expect to spend 59% more than last year, according to the latest American Express Spending & Saving Tracker.

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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 (16 Day 19:31 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 .

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Markets
6.7 million people or 38% of the adult Australian population invested in the Australian share market

22/05/2013 05:57 (3 Day 20:29 minutes ago)

The FINANCIAL -- 6.7 million people or 38% of the adult Australian population invested in the Australian share market, either directly or indirectly, in 2012 shows the Australian Share Ownership Study released by the Australian Securities Exchange (ASX).

Jobs
Translating Skills Into Employment requires both demand and supply measures

18/05/2013 05:33 (7 Day 20:53 minutes ago)

The FINANCIAL -- Speaking at a major EU business event, EUROCHAMBRES Vice-President, Richard Weber, reminded policy makers that measures to increase the employability of young people will only prove effective if they are based on the human resource requirements of the private sector.

TRAVEL BIZ
U.S. CFOs Cite Increasing Value as Key to Company Growth

22/05/2013 03:48 (3 Day 22:38 minutes ago)

The FINANCIAL -- After surviving a turbulent financial downturn and struggling to find growth opportunities in the aftermath, U.S. companies are focused on building a new value-focused framework – one that balances quality and price, according to American Express Company.

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Oil&Auto
BP Donates $500,000 to Red Cross for Oklahoma Tornado Recovery

23/05/2013 04:31 (2 Day 21:55 minutes ago)

The FINANCIAL -- In response to the tornado that hit Moore, Oklahoma this week, BP is donating $500,000 and emergency supplies to the Oklahoma Red Cross to support humanitarian assistance and recovery efforts, according to BP p.l.c.

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INSURANCE
Allianz experts: Technology and consumers are main drivers behind changing mobility habits

23/05/2013 04:54 (2 Day 21:32 minutes ago)

The FINANCIAL -- Allianz mobility experts agree that advanced systems are revolutionizing the vehicles and increasing road safety, new consumer emancipation is leading to new mobility business models and the individually owned car is loosing some of its attractiveness due to considerations of affordability, traffic congestions and less interest in cars than a generation ago, according to  the new “Allianz Risk Pulse”.

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