Gambian President Yahya Jammeh concedes electoral defeat

Saturday, December 3, 2016 Gambian President Yahya Jammeh yesterday conceded defeat to now-President Elect Adama Barrow. Jammeh, 51, took power 22 years ago in a bloodless coup. He had claimed a billion-year mandate. Barrow, 51, is a property developer without political experience. According to the electoral commission yesterday, he won 263,515 votes, equating to 45.5%, …

Indonesian parliament approves privatising of three major state firms

Saturday, September 20, 2008 The parliament of Indonesia has approved government plans to make an Initial Public Offering (IPO) of shares in three major state-owned firms, privatising them. They are steelmaker Krakatau Steel, Bank Tabungan Negara (BTN) and national flag carrier Garuda Indonesia. The parliament has left the process fully in the hands of the …

Pennsylvania cop on trial for allegedly murdering girlfriend’s estranged husband

Tuesday, March 10, 2009 The trial began today for a Pennsylvania state trooper accused of killing his girlfriend’s estranged husband. Kevin Foley, 43, is accused of cutting the throat of John Yelenic, a dentist who was in the final stages of finalizing a divorce from his wife, Michele. According to prosecutors, Foley “loathed Dr. Yelenic” …

Hewlett-Packard to cut 9,000 jobs in $1 billion restructuring plan

Wednesday, June 2, 2010 Hewlett-Packard (HP) expects to lose 9,000 jobs between now and 2013 in a US$1 billion (£686m) restructuring plan. The 9,000 jobs losses will be in the enterprise services division, but the company expects to add about 6,000 employees to its sales and delivery teams. HP commented in a statement, “As a …

Romanian Prime Minister resigns after nightclub fire

Thursday, November 5, 2015 In the aftermath of a deadly nightclub fire in Romania last week, yesterday Prime Minister of Romania Victor Ponta announced his resignation, stating “I’m handing in my mandate, I’m resigning, and implicitly my government too”. I’m handing in my mandate, I’m resigning, and implicitly my government too The announcement came after …

Chrysler files for bankruptcy, Fiat Group SpA to run company

Friday, May 1, 2009 The American auto company Chrysler filed for bankruptcy Thursday, however a deal with European auto maker Fiat went through. The emerging Chrysler will be owned 55 percent by the United Auto Workers, eight percent by the United States Government, two percent by the Canadian Government and Fiat would begin with a …

One year on: Egyptians mark anniversary of protests that toppled Mubarak

Wednesday, January 25, 2012 Across Egypt hundreds of thousands have taken to the streets for the day, marking exactly one year since the outbreak of protests leading to 83-year-old longstanding ruler Hosni Mubarak’s downfall. The country’s decades-long emergency rule was partially lifted this week; meanwhile, a possible economic meltdown looms and a newly-elected parliament held …

John Constable painting location mystery solved after 195 years

Tuesday, January 26, 2010 The mystery of the location of a viewpoint used by English painter John Constable has been solved, after nearly 200 years. The Stour Valley and Dedham Church was painted in Suffolk, England, between 1814 and 1815, but changes to the landscape meant that the spot he chose was not known, despite …