Archive | October, 2014

Zambia: Guy Scott becomes Africa’s first white head of state in 20 years

October 30, 2014

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Zambia: Guy Scott becomes Africa’s first white head of state in 20 years Scott is the first white leader of an African nation since F.W. de Klerk, the last president of South Africa under apartheid. Scott is not allowed to run for president as his parents are not native Zambians and he can only hold […]

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China launches direct currency trading with Singapore

October 28, 2014

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China launches direct currency trading with Singapore Xinhua BEIJING — China on October 27, 2014 announced direct trading between the renminbi and Singapore dollar beginning Tuesday October 28, marking another step toward internationalizing the Chinese currency. The announcement by China Foreign Exchange Trading System (CFETS) extended the yuan’s list of direct onshore trade to more […]

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China launches World Bank rival in Asia-Three major nations absent

October 24, 2014

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China launches World Bank rival in Asia-Three major nations absent Asian Infrastructure Investment Bank Reuters SHANGHAI (Reuters) – Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders. China’s $50 billion Asian Infrastructure […]

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Urban Land Institute’s 2015 real estate markets to watch

October 24, 2014

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Urban Land Institute’s 2015 real estate markets to watch Real estate investment is not immune to the economic laws of supply and demand; and as more capital flows into the asset class, two main scenarios present themselves. The first is that competition for desired assets increases, driving up prices and lowering returns. The second is […]

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India test fires nuke capable cruise missile

October 17, 2014

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India test fires nuke capable cruise missile The nuclear capable sub-sonic cruise missile a strike range of 1,000 km (621.37 miles) Xinhua NEW DELHI- India on Friday, October 17, 2014 successfully test fired its home-made, nuclear capable sub-sonic cruise missile, Nirbhay, from a test range in the eastern state of Odisha, sources said. “The test […]

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Brazil: IOC Coordination Commission leaves Rio de Janeiro satisfied with progress

October 14, 2014

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Brazil: IOC Coordination Commission leaves Rio de Janeiro satisfied with progress October 10, 2014 Source: IOC | International Olympic Committee The International Olympic Committee (IOC) Coordination Commission brought to a close its seventh visit (29 September to 1 October) to the South American host city today: it follows a successful winter here for Brazil and […]

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China overtakes U.S. to become world’s largest economy, says International Monetary Fund

October 11, 2014

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China overtakes U.S. to become world’s largest economy, says International Monetary Fund Chris Giles Financial Times We all know the world economy is changing. We know it is changing fast. But do we really know how fast? Read on. In the spring, the International Comparison Programme calculated new exchanges rates for comparing output of different […]

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Carnegie Classification of Institutions of Higher Education to be housed at Indiana University Bloomington

October 9, 2014

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Carnegie Classification of Institutions of Higher Education to be housed at Indiana University Bloomington’s Center for Postsecondary Research Oct. 8, 2014 News Release from the Carnegie Foundation The Carnegie Foundation for the Advancement of Teaching has transferred responsibility for the Carnegie Classification of Institutions of Higher Education to Indiana University Bloomington’s Center for Postsecondary Research. […]

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NCAA Division I: Big Ten Acts to Support Student-Athlete Graduation

October 9, 2014

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NCAA Division I: Big Ten Acts to Support Student-Athlete Graduation Aid will neither be reduced nor cancelled during course of enrollment. If pursuit of degree is interrupted, student-athlete is welcome back. Source: Big Ten ROSEMONT, Ill. – Big Ten directors of athletics, senior woman administrators and faculty representatives met Oct. 6 and 7 at the […]

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Paris: Eiffel Tower gets glass floor for 125th anniversary

October 7, 2014

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Paris: Eiffel Tower gets glass floor for 125th anniversary AFP A much-anticipated facelift of the Eiffel Tower will be unveiled Monday with a new glass floor to dizzy the millions of tourists who flock to Paris’s best-known landmark every year. Its owners hope the formerly dowdy and draughty first floor will become as big an […]

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