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Finance rebuts negative study on middle class

OTTAWA - Finance Canada has issued a rebuttal of a politically embarrassing report on middle-class economic woes that was compiled last fall by experts in another federal department.

Florida power utilities fear return of ‘Green Governor' Crist

Former Florida Governor Charlie Crist greets supporters outside the North Miami Public Library in Miami in this file photo By David Adams MIAMI (Reuters) - When Charlie Crist last governed Florida, his green energy and climate policies made him few friends among the state's powerful electricity corporations. Florida's three largest utilities have poured money into the re-election campaign of Republican incumbent Governor Rick Scott in an expensive and closely watched political battle for the nation's largest swing state. As Republican governor between 2007 and 2011, Crist "sent shivers through the entire utility system," said Colleen Castille, who headed the Florida Department of Environmental Protection under Governor Jeb Bush. Crist was a darling of clean energy advocates, hosting a climate change summit in 2007 alongside another green Republican, California Governor Arnold Schwarzenegger.


Kiev: Ukraine soldiers in battle with Russian tanks in Lugansk

Pro-Russian fighters stand by a T-64 tank in Starobesheve, southeast of Donetsk in eastern Ukraine, on August 31, 2014 Ukrainian forces were forced to retreat from Lugansk airport in the face of a Russian troop attack as Moscow soldiers moved into key eastern cities Monday, Kiev said, a day after Russian President Vladimir Putin evoked "statehood" discussions for the conflict-torn east. Putin accused Europe of ignoring the Ukrainian military's "direct targeting" of civilians in the conflict and said the offensive pushed by insurgents there were simply an attempt to expel Kiev's forces from residential areas. He also urged the EU to show "common sense" after its threat to impose more sanctions on Moscow over the months-long crisis that has sank East-West relations to their lowest level since the Cold War. The latest accusations of Russian troops partaking in the fighting that has pitted pro-Moscow rebels against Kiev's troops came as a "contact group" of Russian, Ukrainian and OSCE representatives was due to discuss the conflict during a meeting in Minsk.


Finance Canada rebuts another department's grim analysis on middle class

Finance Canada has issued a rebuttal of a politically embarrassing report on middle-class economic woes that was compiled last fall by experts in another federal department.

Officials: Iraqi forces break jihadist siege of Amerli

Iraqi Kurdish Peshmerga fighters celebrate sitting on the back of a truck as they head to the Mosul dam on the Tigris river that they recaptured from Islamic State jihadists on August 17, 2014 near the northern Iraqi city of Mosul Iraqi troops, Kurdish fighters and Shiite militiamen backed by US air strikes pressed a fightback against jihadist-led militants Monday, buoyed by breaking the 11-week siege of a Shiite town. The breakthrough to the town of Amerli is the biggest offensive success for the Iraqi government since militants led by the jihadist Islamic State (IS) group overran much of the Sunni Arab heartland north and west of Baghdad in June. It came as the United States carried out limited air strikes in the area, the first time it has expanded its more than three-week air campaign against IS beyond the north, while the United Nations announced that violence in Iraq killed more than 1,400 people in August. Iraqi forces kept up the momentum of their advance on Monday, with Kurdish peshmerga fighters and Shiite militiamen retaking Sulaiman Bek, a town north of Amerli that had been an important militant stronghold.


Ukraine accuses Russia of "open aggression"

Pro-Russian separatists stand in front of destroyed trains at a railway station in the eastern Ukrainian town of Ilovaysk By Pavel Polityuk and Polina Devitt KIEV/MOSCOW (Reuters) - Ukrainian President Petro Poroshenko accused Russia on Monday of "direct and open aggression" which he said had radically changed the battlefield balance as Kiev's forces suffered a further reverse in the war with pro-Moscow separatists. Ukraine's military said its troops had been ordered to pull back from a vital airport in the east of the country, near the city of Luhansk, where they had been battling a Russian tank battalion. Poroshenko said in a speech there would be high-level personnel changes in the Ukrainian armed forces, whose troops fled a new rebel advance in the south which Kiev's Western allies say has been backed up by Russian armored columns. Russian President Vladimir Putin, who called on Sunday for immediate negotiations on the "statehood" of southern and eastern Ukraine, blamed Kiev's leadership for refusing to enter into direct political talks with the separatists.


Duelling reports: Finance rebuts grim analysis by another federal department

Finance Canada has issued a rebuttal of a politically embarrassing report on middle-class economic woes that was compiled last fall by experts in another federal department. Last October, bureaucrats at Employment and Social Development Canada wrote a scathing internal report on the plight of the middle class, calling the Canadian dream "a myth more than a reality." The report, obtained by The ...

Protesters clash with Pakistan police, storm TV

Pakistani protesters beat the portrait of Prime Minister Nawaz Sharif with shoes at the main entry gate of the state television building in Islamabad, Pakistan, Monday, Sept. 1, 2014. Anti-government protesters and Pakistani police have clashed once again as the demonstrators pushed into a sprawling government complex in the country's capital in an effort to try to reach the prime minister's official residence. (AP Photo/Anjum Naveed) Antigovernment protesters briefly force the state TV channel off the air as they clashed with police.


Paris suburb building blast death toll reaches 7

French firemen carry a victim in the rubble of a building after an explosion collapsed it, in Rosny-sous-Bois, outside Paris, Sunday, Aug. 31, 2014. French authorities say a four-story building in a northeastern Paris suburb has collapsed after an explosion, killing a child. More people are thought to underneath the rubble. Speaking on i-Tele, fire department spokesman Gabriel Plus said around 10 people were evacuated from the building in Rosny-sous-bois that occurred early Sunday morning. Plus said that around another 10 people could still be underneath the rubble, and emergency teams were working hard to rescue people who might be trapped. "We could still find living victims in the hours to come," he said. Interior Minister Bernard Cazeneuve has arrived at the scene, but couldn't confirm a theory that the explosion was caused by a gas leak. (AP Photo/Christophe Ena) PARIS (AP) — The death toll in the partial collapse of a four-story apartment building has risen to seven in a northeastern Paris suburb after emergency crews pulled the body of an elderly woman from the rubble.


Beijing faces defiance in Hong Kong on vote reform

Pro-democracy lawmaker Lee Cheuk Yan, center, is taken away by security guards after a protest against Li Fei, deputy secretary general of the National People’s Congress' Standing Committee, in Hong Kong Monday, Sept. 1, 2014. China's legislature on Sunday ruled out allowing open nominations in the inaugural election for Hong Kong's leader, saying they would create a "chaotic society." Democracy activists in the Asian financial hub responded by saying that a long-threatened mass occupation of the heart of the city "will definitely happen." (AP Photo/Kin Cheung) Pro-democracy lawmakers disrupt a Beijing official's speech on tightly limited voting reforms.


Brace yourselves: Campaign cash buying tons of ads

FILE - This Oct. 8, 2013, file photo shows Cornell Woolridge of Windsor Mill, Md., as he demonstration outside the Supreme Court in Washington, as the court heard arguments on campaign finance. The first midterm elections since both parties embraced a historic change in campaign finance, and with it a sea of campaign cash, will mean for most voters an avalanche of television ads trying to reach the few able to be swayed and willing to vote. In the nation's closest races for U.S. Senate, that translates into "price per vote" that could easily double what was spent in the 2012 presidential election. (AP Photo/Susan Walsh, File) DES MOINES, Iowa (AP) — Iowa's airwaves are already jammed with political ads, most of them negative, in one of the Senate races nationwide that will decide which party claims the majority.


Islamic Finance Gateway Daily Briefing

Monday, Sept 1 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services. You can view the full IFG briefing via http://tmsnrt.rs/W1StCs under IFG Briefings Subject. TOP STORIES Dubai's Emaar to launch long-awaited malls unit IPO in September Emaar Properties will launch ...

Obama's strategy for the 2014 midterms

FILE - This June 17, 2014, file photo shows President Barack Obama speaking at the Democratic National Committee's (DNC) annual Lesbian, Gay, Bisexual and Transgender (LGBT) fundraiser gala in Gotham Hall, in New York. His name won't be on the ballot, but Obama will shape the midterm elections like no other. For Republicans, he is a punch line who fires up conservatives and reaches dissatisfied independents. And some Democrats won't even mention his name. It's left Obama able to do little more than raise money ahead of an election that will define how he spends his final two years in office. (AP Photo/Pablo Martinez Monsivais, File) The president has a tricky path to walk if he wants his party to keep the Senate.


Finance execs split on stock 'correction'

Lofty valuations in stocks and geopolitical tensions have left some chief financial officers wary of a sharp fall in share prices.

Finance execs split on upcoming stock 'correction'

Lofty valuations in stocks and geopolitical tensions have left some chief financial officers wary of a sharp fall in share prices.

Tony Stewart's return to race track ends early

Sprint Cup Series driver Tony Stewart (14) walks to his motorhome after hitting the wall and retiring from a NASCAR Sprint Cup auto race at Atlanta Motor Speedway Sunday, Aug. 31, 2014, in Hampton, Ga.. (AP Photo/Brynn Anderson) HAMPTON, Ga. (AP) — Tony Stewart climbed from his battered car, took a big gulp of water, and surveyed the damage.


Judge temporarily blocks law that could close all Louisiana abortion clinics

Gov. Bobby Jindal of Louisiana The measure, signed into law by Louisiana Governor Bobby Jindal in June and due to take effect Sept. 1, would require doctors who perform abortions to have patient admitting privileges at a hospital within 30 miles of their practice. "Plaintiffs will be allowed to operate lawfully while continuing their efforts to obtain privileges," Federal Judge John deGravelles wrote in the decision. Abortion rights activists applauded the decision, the latest in a string of rulings against similar measures, saying it would give doctors more time to seek hospital privileges. "Today’s ruling ensures Louisiana women are safe from an underhanded law that seeks to strip them of their health and rights," said Nancy Northup, president and chief executive of the Center for Reproductive Rights, which sued to block the law on behalf of three of the state's five clinics.


DIARY-Islamic Finance to December 31

Items marked ** denote new or amended listings TUESDAY, SEPTEMBER 2 (until September 4) MALAYSIA - Global Islamic Finance Forum Details: http://www.giff.com.my/ WEDNESDAY, SEPTEMBER 3 SENEGAL - IFSB-FIS ...

All five aboard small plane killed in crash at Colorado airport

By Keith Coffman DENVER (Reuters) - All five people aboard a single-engine airplane died after it crashed on Sunday in a field beside a runway during an attempt to land at a northern Colorado airport, authorities said. Peter Knudson, spokesman for the National Transportation Safety Board, said the Piper PA-46 aircraft went down shortly before noon near the Erie Municipal Airport, about 25 miles (40 km) northwest of Denver. Knudson said the plane took off from Centennial Airport, south of Denver, with five people aboard, and was landing in clear weather at the Erie airport when it crashed. Emergency crews found three people dead inside the wreckage of the six-seat airplane when they arrived at the scene, said Roger Rademacher, assistant fire chief with Mountain View Fire Rescue.

Islamist militia now guards US Embassy in Libya

An Islamist fighter from the Fajr Libya (Libyan Dawn) coalition flashes the V sign for victory More than a month after American personnel evacuated from the country over ongoing fighting, an Islamist-allied militia group says it has "secured" a U.S. Embassy compound in Libya's capital.


Israel claims West Bank land for possible settlement use, draws U.S. rebuke

A picture shows under construction buildings at at Har Homa Israeli settlement near the West Bank city of Bethlehem, 23 January 2008 By Jeffrey Heller JERUSALEM (Reuters) - Israel announced on Sunday a land appropriation in the occupied West Bank that an anti-settlement group termed the biggest in 30 years, drawing Palestinian condemnation and a U.S. Some 400 hectares (988 acres) in the Etzion Jewish settlement bloc near Bethlehem were declared "state land, on the instructions of the political echelon" by the military-run Civil Administration. "We urge the government of Israel to reverse this decision,” a State Department official said in Washington, calling the move "counterproductive" to efforts to achieve a two-state solution between Israel and the Palestinians. Israel Radio said the step was taken in response to the kidnapping and killing of three Jewish teens by Hamas militants in the area in June.


Sweden discovers suspected case of Ebola: official

Health care workers wearing protective suits work at the Elwa hospital, where Ebola patients are treated, on August 30, 2014 in Monrovia, Liberia A suspected case of the Ebola virus has been discovered in the Swedish capital Stockholm, a local official told AFP on Sunday. Aake Oertsqvist, a specialist in infection control responsible for the Stockholm area, was quoted as saying the risk of an Ebola outbreak in Sweden was "very low".


China slams door on full Hong Kong democracy in 2017 vote

A Chinese national flag is seen in front of the chimney of a heat supply plant in Beijing By Michael Martina and James Pomfret BEIJING/HONG KONG (Reuters) - Pro-democracy activists vowed on Sunday to bring Hong Kong's financial hub to a standstill after China's parliament rejected their demands for the right to freely choose the former British colony's next leader in 2017. The Standing Committee of the National People's Congress (NPC) endorsed a framework to let only two or three candidates run in the 2017 leadership vote. All candidates must first obtain majority backing from a nominating committee likely to be stacked with Beijing loyalists. The relatively tough decision by the NPC - China's final arbiter on the city's democratic affairs - makes it almost impossible for opposition democrats to get on the ballot.


ISIL fighters more discreet force

Resident of Tabqa city touring the streets on a motorcycle waves Islamist flag in celebration after Islamic State militants took over Tabqa air base, in nearby Raqqa city Militants in Iraq are starting to blend in with residents, making them harder to target.


Austrian conservatives pick Schelling as finance minister

By Michael Shields VIENNA (Reuters) - Austria's conservative People's Party (OVP) on Sunday chose as finance minister Hans Joerg Schelling, a politically connected millionaire lauded by supporters for whipping the social security network into shape. The OVP, the junior partner in a government coalition with the Social Democrats, said the party leadership unanimously picked Schelling, 60, head of ...

Spain's de Guindos has some support as next Eurogroup head: Van Rompuy

Spanish Finance Minister Luis de Guindos has the support of some euro zone countries to replace Jeroen Dijsselbloem as the head of euro zone finance ministers when Dijsselbloem's term ends in the middle of 2015, the president of the European Council said on Saturday. A final decision on who will replace Dijsselbloem, the Dutch finance minister, at the helm of the Eurogroup will be made by euro ...

EDP Finance B.V. : Half-yearly report 2014

EDP Finance B.V.: Half-yearly report 2014 In accordance with the Transparency Directive 2004/109/EC and following the choice of EDP Finance B.V. for The Netherlands as Home Member State, EDP Finance B.V. ...
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