Archive | May, 2013

Brazil: 71,000 seat World Cup stadium opens in Brasilia

May 23, 2013

0 Comments

Brazil stadium opens despite cost concerns The stadium is the 5th World Cup stadium delivered by Brazil, with 7 more to go By Gabriel Elizondo | Aljazeera BRASILIA, BRAZIL- It imposingly sits like a coliseum rising from heat waves radiating from the flatlands of this arid capital city. The massive, new Estadio Nacional de Brasilia was inaugurated here […]

Continue reading...

America’s 2nd largest city: Eric Garcetti wins election to become mayor of Los Angeles

May 22, 2013

0 Comments

Eric Garcetti wins election to become mayor of Los Angeles Reuters LOS ANGELES- Los Angeles Councilman Eric Garcetti has been elected mayor of the United States’ second-largest city after defeating his rival by a margin of 8 points, according to preliminary results. Garcetti, who becomes the first Jewish mayor of Los Angeles, won 53.9 percent […]

Continue reading...

Obama to visit three African nations

May 21, 2013

1 Comment

Statement by the Press Secretary on the President’s Travel to Africa The White House Office of the Press Secretary ________________________________________________________ For Immediate Release May 20, 2013 President Obama and the First Lady look forward to traveling to Senegal, South Africa, and Tanzania from June 26 – July 3. The President will reinforce the importance that […]

Continue reading...

China, India: World’s 2 largest nations to boost economic cooperation

May 20, 2013

0 Comments

China, India: World’s 2 largest nations to boost economic cooperation Xinhua NEW DELHI-China and India are both willing and able to foster new highlights in cooperation among Asian countries and make new engine of the world economy, Chinese Premier Li Keqiang said on Sunday. “The two countries have the will, wisdom and capability to jointly […]

Continue reading...

NBA’s Charlotte Bobcats plan to become Charlotte Hornets

May 19, 2013

0 Comments

NBA’s Charlotte Bobcats plan to become Charlotte Hornets Michael Jordan changing Charlotte’s name to Hornets CHARLOTTE — Charlotte Bobcats owner Michael Jordan is changing his team’s name to the Hornets. Video Link: NBA franchise owner Michael Jordan makes Bobcats changing name to Hornets public announcement http://www.nba.com/video/channels/nba_tv/2013/05/21/20130521-cha-announcement.nba ________ Video: ESPN Money Talk : Bobcats Changing Name […]

Continue reading...

The world’s tallest building will be in the middle of an empty field in China

May 17, 2013

0 Comments

The world’s tallest building will be in the middle of an empty field in China By Lily Kuo | Quartz A Chinese firm best known for building air conditioning units is constructing a vertical city. Broad Sustainable Construction (BSB) said this week that next month it will finally break ground on its the tower that […]

Continue reading...

Scotland’s independence debate

May 17, 2013

0 Comments

Scotland’s First Minister Alex Salmond states the Scottish economy can prosper outside the United Kingdom By Robin Millard | AFP Scotland’s First Minister Alex Salmond has told AFP in an interview that the economy can prosper outside the United Kingdom, despite dire warnings from London about the risks of independence. Salmond insisted that Scotland’s “increasing […]

Continue reading...

France to invest 12 billion euros (US $15.45 billion) by 2017 to aid competitiveness of domestic companies

May 16, 2013

0 Comments

France to invest 12 billion euros (US $15.45 billion) by 2017 to aid competitiveness of domestic companies Xinhua PARIS- France planned to invest via its Public Investment Bank, 12 billion euros (15.45 billion U.S. dollars) by 2017 to inject new breathe into the competitiveness of the domestic companies, a bank official said Wednesday. Addressing the […]

Continue reading...

Minnesota Vikings new NFL stadium design unveiled

May 15, 2013

0 Comments

Minnesota Vikings stadium design unveiled Mark Reilly Minneapolis/St. Paul Business Journal A chorus of architects, government leaders and Minnesota Vikings officials announced the design Monday night for the team’s $975 million Vikings stadium, which will be nearly twice the size of the old Metrodome. The new stadium won’t have a retractable roof but will allow […]

Continue reading...

Johannesburg to invest R110 billion (US$11.9 billion) in infrastructure

May 15, 2013

0 Comments

Johannesburg to invest R110 billion (US$11.9 billion) in infrastructure Speaking at the Wits University’s School of Education, Tau said that in the 2013/2014 financial year alone, the City would spend R7.3 billion (US$789.84 million) on infrastructure, a 37% increase compared with the current year’s infrastructure spend of R4.6 billion (US$497.710 million). Expenditure on the maintenance […]

Continue reading...