Make it your homepage |   E-mail: Subscribe Unsubscribe

Your smartphone could be worth $12,000, finds new survey


Saturday, May 25, 2013
News Making Money

Ukraine strips Tymoshenko ally of parliament mandate

07/03/2013 04:44 (79 Day 12:43 minutes ago)

yulia-tymoshenko-1.jpg
ADVERTISEMENT


The FINANCIAL -- A Ukraine court on Wednesday ruled to strip Sergei Vlasenko, a leading defender of jailed ex-premier Yulia Tymoshenko, of his mandate in the parliament in a decision likely to estrange it further from the West.


The High Administrative Court of Ukraine has "satisfied" the appeal by Rada parliament speaker Volodymyr Rybak and ruled to "end" Vlasenko's mandate, according to the decision read by one of the judges.

Rybak filed the complaint against Vlasenko, a deputy with Tymoshenko's party Batkivshchyna, arguing that he illegally combined his work in the Rada with working also as a defence lawyer.

The decision to take away Vlasenko's lawmaker status is likely to unleash another wave of western criticism, and EU officials issued immediate reactions on their microblogs.

"Does this bring Ukraine closer to EU?" wrote commissioner for enlargement Stefan Fule on his Twitter account, calling the court decision "not European way".

"I'm afraid it's yet another step back from signing AA," tweeted Jacek Protasiewicz, vice president of the European Parliament, in reference to the Association Agreement on the table between Ukraine and the European Union that would forge closer ties.

Earlier this week a joint statement by EU foreign policy chief Catherine Ashton and commissioner Fule said they were "deeply concerned by recent legal proceedings leading to possible annulment of parliamentary mandates," and were "paying particular attention to the case of MP Sergiy Vlasenko".

As EUbusiness said, the two commissioners asked Ukraine to "avoid creating any perception of misuse of the judiciary for political purposes" in the case of Vlasenko, who is one of Tymoshenko's most highly visible allies and defenders.

The United States on Tuesday also said that the legal actions against Vlasenko "appear to be politically motivated due to his connection with Mrs. Tymoshenko" and urged Kiev to "honour the will of Ukrainian voters" who voted for Vlasenko in the October 2012 polls.

Kiev's prosecution and incarceration of the 2004 Orange Revolution icon Tymoshenko on abuse of power charges has caused a major deterioration in ties with the West, with President Viktor Yanukovych accused of abusing the courts to eliminate his chief political foe.

Tymoshenko was convicted in October 2011 but has spent the last nine months in a hospital where she is being treated for back pain.

She now also faces new charges of embezzlement and even co-organising the murder of a lawmaker in 1996.

 

 

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 (18 Day 14:12 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 15:11 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 13:39 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 14:09 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 (16 Day 11:32 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
6.7 million people or 38% of the adult Australian population invested in the Australian share market

22/05/2013 05:57 (3 Day 12:30 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).

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

22/05/2013 03:48 (3 Day 14:39 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.

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

23/05/2013 04:31 (2 Day 13:56 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.

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

23/05/2013 04:54 (2 Day 13:33 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”.

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group