Page-23 of France

Ukraine crisis 2014: G8 Summit in Russia cancelled

March 26, 2014

The US and top economic powers have cancelled the G8 Summit to build pressure on Russia against its military action in Ukraine. The leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, the US, the President of the European ..

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Airbus launched new subsidiary Airbus India

March 19, 2014

The French company Airbus launched its wholly owned subsidiary in India called Airbus India. About Airbus India Fifth country subsidiary outside Europe for the Airbus. Objective: To restructure the Airbus operations in India and consolidate it to tap the growing Indian aviation market. ..

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FATF released report on Money Laundering & Terrorist Financing

February 5, 2014

The Paris-based Financial Action Task Force (FATF) released an international report on money laundering and terrorist financing. Objective: To identify the Money Laundering and Terrorist Financing (ML/TF) vulnerabilities and risks of the “diamond pipeline” that covers all sectors in the ..

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Thailand crisis: Thai Govt. declared state of emergency in Bangkok

January 24, 2014

The Thai government imposed a 60-day state of emergency in the capital, Bangkok, and the surrounding provinces to cope with unrest. The decree gives the government wide-ranging powers to deal with disorder. It would suppress the anti-government protest that has ..

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Bill Gates: The most admired person in the world

January 15, 2014

As per a new poll conducted by The Times, the co-founder of Microsoft and a billionaire philanthropist Mr. Bill Gates is the most admired person on the planet. He is better known for donating large sums of money to charitable ..

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Lativa becomes the 18th state to join the Eurozone

January 1, 2014

The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became the 18th member of the European Union, which uses the Euro as ..

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‘Millionaire Tax” approved by the French constitutional council

January 1, 2014

The French Constitutional Council approved the government’s controversial “millionaire tax” proposal for companies to pay 75% tax on annual salaries exceeding €1 million  ($1.375 million USD), in line with President Francois Hollande’s drive to limit executive pay at a time ..

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First human artificial heart transplant executed in France

December 24, 2013

An artificial heart that can give patients up to five years of extra life has been successfully implanted for the first time, at Georges Pompidou Hospital in Paris, France. The equipment designed to overcome the worldwide shortage of transplant donors was ..

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