Page 01 Aug 15.Indd

Total Page:16

File Type:pdf, Size:1020Kb

Page 01 Aug 15.Indd ISO 9001:2008 CERTIFIED NEWSPAPER Thursday 15 August 2013 8 Shawwal 1434 - Volume 18 Number 5792 Price: QR2 Fonterra official Murray brushes resigns after Youzhny aside in milk scare Cincinnati opener Business | 18 Sport | 24 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Israelis, Palestinians resume peace talks 235 killed JERUSALEM: Israeli and Palestinian negotiators recon- vened US-brokered peace talks in Jerusalem yesterday amid little fanfare and low expecta- tions, dogged by plans for more Jewish settler homes on occu- in Egypt pied land. The resumption of negotiations followed Palestinian celebrations overnight as Israel released 26 of their jailed brethren. Israel has published plans for 3,100 new settler homes in recent days. bloodbath See also page 5 Vice-president El Baradei quits Manning says sorry FORT MEADE: US soldier CAIRO: Egyptian security Bradley Manning apologised forces crushed the protest Qatar condemns yesterday for handing state camps of thousands of sup- secrets over to the WikiLeaks porters of deposed Islamist use of force website in the biggest breach president Mohammed Mursi DOHA: Qatar strongly con- of classified data in US his- yesterday, shooting almost 200 demned yesterday’s bloody tory. “I’m sorry I hurt people. of them dead in the bloodiest crackdown in Cairo against I’m sorry that I hurt the United day in decades and polarising supporters of Mohammed States,” the 25-year-old Army the Arab world’s most populous Mursi. “Qatar strongly private first class told the sen- nation. denounces the means by tencing phase of his court- At least 235 people were killed which peaceful protesters martial. “I’m apologising for in all, including at least 43 police, in Rabaa Al Adawiya camp Egyptian security forces move in to clear one of the two sit-in sites of supporters of ousted president Mursi, near the unexpected results of my and 2,000 wounded, a health offi- and Al Nahda Square have Rabaa Adawiya Mosque in Cairo, yesterday. actions. The last three years cial said, in fierce clashes that been dealt with and which have been a learning experience spread beyond Cairo to towns led to the killing of several self-respecting state could had been camped at two major emergency to be lifted as soon as for me,” he said. and cities around Egypt. Deposed unarmed innocent people accept,” he said in a televised sites in Cairo since before he was possible. A US official told Reuters See also page 9 president Mohammed Mursi’s among them,” a foreign min- address. toppled on July 3, and had vowed that Washington was considering Muslim Brotherhood said the istry spokesman said. The authorities imposed a not to leave the streets until he cancelling the biennial “Bright TODAY’S EDITION OF death toll of what it called a “mas- AFP dusk-to-dawn curfew in Cairo was returned to power. Star” joint military exercise with THE PENINSULA sacre” was far higher. and several other cities including The assault, ending a six-week Egypt, due this year, after the INCLUDES A 24-PAGE While bodies wrapped in car- had completely cleared two pro- Alexandria, Egypt’s second city on standoff, defied international latest violence, in what would SPECIAL SUPPLEMENT ON pets were carried to a make- test camps in the capital and the Mediterranean coast. pleas for restraint and a negoti- be a direct snub to the Egyptian shift morgue near the Rabaa would not tolerate any further The use of force prompted ated political solution. Straddling armed forces. Violence rippled out Al Adawiya mosque, the army- sit-ins, he said, vowing to restore Mohamed El Baradei, a former the Suez Canal, a vital global from Cairo, with Mursi support- backed rulers declared a one- Mubarak-era security. UN diplomat and the most promi- trade route, Egypt is a key US ers and security forces clashing in month state of emergency, Prime Minister Hazem nent liberal supporter of Mursi’s ally at the heart of the Middle the cities of Alexandria, Minya, restoring to the military the El Beblawi defended the use of overthrow, to resign as vice presi- East and was the first Arab state Assiut, Fayoum and Suez and in AUGUST 15, 2013 unfettered power it wielded for force, condemned by the United dent, saying the conflict could to make peace with Israel. Buhayra and Beni Suef provinces. decades before a pro-democracy States and European govern- have been resolved by peaceful US Secretary of State John Since Mursi was toppled, the uprising toppled autocrat Hosni ments, saying the authorities had means. “The beneficiaries of what Kerry, European Union foreign security forces had twice before Mubarak in 2011. no choice but to act to end “the happened today are those call for policy chief Catherine Ashton killed scores of protesters in Interior Minister Mohamed spread of anarchy”. violence, terrorism and the most and UN Secretary-General Ban attempts to drive Mursi’s follow- Ibrahim said 43 police were “We found that matters extreme groups,” he said. Ki-moon all deplored the use of ers off the streets. REUTERS among the dead. Security forces had reached a point that no Thousands of Mursi’s supporters force and called for the state of See also page 8 Heavyweights push Qatar bourse index beyond 10,000 mark DOHA: Qatar’s main index Khaledy, who earlier predicted the breached 10,000 points yester- Total H1 net profits stock rally would continue, in fact, day but a prominent stock ana- said he expected the index to shoot lyst warned investors against up by 13.95pc up beyond the 15,000 points by the being overly excited, saying the DOHA: Some 41 of the first quarter of 2014. jump was mainly propelled by a 42 Qatari listed compa- “I don’t foresee a major few large-cap shares. nies (with the exception correction in the near and Stocks like those of mega play- of Vodafone Qatar) have medium-term,” Al Khaledy, ers such as Industries Qatar (IQ), reported combined net prof- CEO of Qatar-Oman Investment QNB, Woqod (Qatar Fuel) and Al its of QR20.99bn ($5.76bn) Company, told this newspaper. Rayan bank, among others, have for the first half of 2013, up But Al Kahlout didn’t agree been the major drivers of the 13.95 percent over the same and said a correction might be historic index gain. Other stocks period of 2012. The January coming. haven’t performed so well as a to June 2012 net profit fig- MSCI emerging markets sta- result of the companies not show- ures of the companies were tus becomes effective in respect ing better performance, said the QR18.48bn ($5.07bn), QE of Qatar Exchange (QE) in May analyst. “Personally I don’t appre- said on its website. 2014, but its impact is visible ciate such index jumps,” Bashir from now as foreign institutional Al Kahlout told The Peninsula. “A investors (FIIs) have begun gradual rise is always desirable.” happens in December,” said Al taking positions much ahead INS Sindhurakshak He said a lot of liquidity was Kahlout, hinting the index could of the timeframe, Al Khaledy Indian Navy submarine on fire in Mumbai in this still image taken from a video yesterday. flowing into the market but its breach 15,000 and even 20,000 lev- suggested. sources were not clear. “If this els if trading remains so buoyant. THE PENINSULA 18 feared dead in India submarine blast is happening now, imagine what A key corporate figure, Nasser Al Continued on page 4 MUMBAI: India’s navy chief of a locally built aircraft carrier be, of someone having grabbed held out little hope for survivors aimed at giving India the edge at a breathing set,” he told a news on a submarine after some of its sea as it competes with China in conference. weapons detonated accidentally the Indian Ocean. The INS Sindhurakshak, which Facebook undermines happiness: Study and fire swept through it. The Navy chief Admiral D K Joshi returned from an upgrade in likely deaths and damage are said divers had managed to pry Russia this year, had suffered WASHINGTON: People who use Facebook may The researchers recruited 82 young adults the worst blow to the navy since open the main hatch of the diesel- an accident in 2010 in which one feel more connected, but less happy. who had smartphones and Facebook accounts and a 1971 war with Pakistan. powered submarine, more than 12 sailor was killed while it was A study of young adults released yesterday con- assessed their subjective well-being by texting them Eighteen sailors were on board hours after the incident, and were docked in the southern port of cluded that the more people used Facebook, the at random times five times a day for two weeks. the 16-year-old Russian-built INS trying to find their way through Visakhapatnam. worse they subsequently felt. The researchers said the study, published in the Sindhurakshak, which was docked the vessel. Typically, such a submarine is “On the surface, Facebook provides an invaluable scientific journal PLOS, was believed to be the first at the main naval base in Mumbai “Whilst we hope for the best, fitted with torpedoes and missiles. resource for fulfilling the basic human need for social measuring Facebook’s impact on happiness and life when two blasts rocked the vessel we are prepared for the worst Torpedoes are launched under- connection,” said University of Michigan social psy- satisfaction. “This is a result of critical importance in the middle of Tuesday night.
Recommended publications
  • Questions on Events of August 2013
    Questions on Events of August 2013 1. Earth Overshoot Day, which marks the day b) Mumbai our resource consumption for a given year c) Goa exceeds the planet’s ability to replenish was d) Kochi observed for 2013 on 7. Who of the following has been conferred the a) August 20 Rajiv Gandhi Khel Ratna Award for 2013 ? b) August 19 a) Krishna Poonia c) August 29 b) Ronjan Sodhi d) August 5 c) Saina Nehwal 2. Who of the following was conferred the Rajiv d) MS Dhoni Gandhi Sadbhavna Award for the year 2013 ? 8. Which of the following is India’s first full- a) Zubin Mehta fledged military communications satellite which b) Sri Sri Ravi Shankar was launched aboard Ariane 5 rocket from c) Zakir Hussain Kourou? d) Amjad Ali Khan a) GSAT-5 3. Match the sportspersons (Arjuna Awards b) GSAT-6 2013) with their sports. c) GSAT-7 Sportsperson Sport d) GSAT-8 1. Kavita Chahal A. Table Tennis 9. Which of the following teams won the Indian 2. Saba Anjum B. Boxing Badminton League’s inaugural title ? 3. Mouma Das C. Wrestling a) Awadhe Warriors 4. Neha Rathi D. Hockey b) Hyderabad Hotshots c) Delhi Smashers a) 1-B; 2-A; 3- D; 4-C d) Mumbai Masters b) 1-B; 2-D; 3- A; 4-C 10. Which of the following submarines sank c) 1- C; 2- A; 3- D; 4- B near Mumbai following a fire accident in August d) 1- C; 2- D; 3- A; 4-B 2013? 4. As per the new Companies Bill 2013, what a) INS Sindhurakshak percentage of profit is a company required to b) INS Arihant earmark for Corporate Social Responsibility ? c) INS Sindhughosh a) 2% d) INS Shalki b) 5% 11.
    [Show full text]
  • The Tempered Ordered Probit (TOP) Model with an Application to Monetary Policy William H.Greene Max Gillman Mark N.Harris Christopher Spencer WP 2013 – 10
    ISSN 1750-4171 ECONOMICS DISCUSSION PAPER SERIES The Tempered Ordered Probit (TOP) Model With An Application To Monetary Policy William H.Greene Max Gillman Mark N.Harris Christopher Spencer WP 2013 – 10 School of Business and Economics Loughborough University Loughborough LE11 3TU United Kingdom Tel: + 44 (0) 1509 222701 Fax: + 44 (0) 1509 223910 http://www.lboro.ac.uk/departments/sbe/economics/ The Tempered Ordered Probit (TOP) model with an application to monetary policy William H. Greeney Max Gillmanz Mark N. Harrisx Christopher Spencer{ September 2013 Abstract We propose a Tempered Ordered Probit (TOP) model. Our contribution lies not only in explicitly accounting for an excessive number of observations in a given choice category - as is the case in the standard literature on in‡ated models; rather, we introduce a new econometric model which nests the recently developed Middle In‡ated Ordered Probit (MIOP) models of Bagozzi and Mukherjee (2012) and Brooks, Harris, and Spencer (2012) as a special case, and further, can be used as a speci…cation test of the MIOP, where the implicit test is described as being one of symmetry versus asymmetry. In our application, which exploits a panel data-set containing the votes of Bank of England Monetary Policy Committee (MPC) members, we show that the TOP model a¤ords the econometrician considerable ‡exibility with respect to modelling the impact of di¤erent forms of uncertainty on interest rate decisions. Our …ndings, we argue, reveal MPC members’ asymmetric attitudes towards uncertainty and the changeability of interest rates. Keywords: Monetary policy committee, voting, discrete data, uncertainty, tempered equations.
    [Show full text]
  • Speech by Martin Weale at the University of Nottingham, Tuesday
    Unconventional monetary policy Speech given by Martin Weale, External Member of the Monetary Policy Committee University of Nottingham 8 March 2016 I am grateful to Andrew Blake, Alex Harberis and Richard Harrison for helpful discussions, to Tomasz Wieladek for the work he has done with me on both asset purchases and forward guidance and to Kristin Forbes, Tomas Key, Benjamin Nelson, Minouche Shafik, James Talbot, Matthew Tong, Gertjan Vlieghe and Sebastian Walsh for very helpful comments. 1 All speeches are available online at www.bankofengland.co.uk/publications/Pages/speeches/default.aspx Introduction Thank you for inviting me here today. I would like to talk about unconventional monetary policy. I am speaking to you about this not because I anticipate that the Monetary Policy Committee will have recourse to expand its use of unconventional policy any time soon. As we said in our most recent set of minutes, we collectively believe it more likely than not that the next move in rates will be up. I certainly consider this to be the most likely direction for policy. The UK labour market suggests that medium-term inflationary pressures are building rather than easing; wage growth may have disappointed, but a year of zero inflation does not seem to have depressed pay prospects further. However, I want to discuss unconventional policy options today because the Committee does not want to be a monetary equivalent of King Æthelred the Unready.1 It is as important to consider what we could do in the event of unlikely outcomes as the more likely scenarios. In particular, there is much to be said for reviewing the unconventional policy the MPC has already conducted, especially as the passage of time has given us a clearer insight into its effects.
    [Show full text]
  • National Institute Economic Review Road, Cambridge CB2 8BS, England for the National Institute of Economic and Social Research
    National Volume 255 – February 2021 Nati onal Insti tute Economic Review Economic tute Insti onal Nati Institute Economic Review NIER Volume 255 February 2021 255 February Volume National Institute Economic Review Road, Cambridge CB2 8BS, England for the National Institute of Economic and Social Research. Annual subscription including postage: institutional rate (combined print and electronic) £596/US$1102; Managing Editors individual rate (print only) £166/US$292. Electronic only and print Jagjit Chadha (National Institute of Economic and Social Research) only subscriptions are available for institutions at a discounted rate. Prasanna Gai (University of Auckland) Note VAT is applicable at the appropriate local rate. Abstracts, tables Ana Galvao (University of Warwick) of contents and contents alerts are available online free of charge for Sayantan Ghosal (University of Glasgow) all. Student discounts, single issue rates and advertising details are Colin Jennings (King’s College London) available from Cambridge University Press, One Liberty Plaza, Hande Küçük (National Institute of Economic and Social Research) New York, NY 10006, USA/UPH, Shaftesbury Road, Cambridge CB2 Miguel Leon-Ledesma (University of Kent) 8BS, England. POSTMASTER: Send address changes in the USA and Corrado Macchiarelli (National Institute of Economic and Canada to National Institute Economic Review, Cambridge University Social Research) Press, Journals Ful llment Dept., One Liberty Plaza, New York, Adrian Pabst (National Institute of Economic and Social Research) NY 10006-4020, USA. Send address changes elsewhere to National Institute Economic Review, Cambridge University Press, University Council of Management Printing House, Shaftesbury Road, Cambridge, CB2 8BS, England. Sir Paul Tucker (President) Neil Gaskell Professor Nicholas Crafts (Chair) Professor Sir David Aims and Scope Professor Jagjit S.
    [Show full text]
  • Escoe CONFERENCE on ECONOMIC MEASUREMENT 2020
    ESCoE CONFERENCE ON ECONOMIC MEASUREMENT 2020 16-18 SEPTEMBER 2020 @ESCoEorg #econstats2020 Welcome Keynote speakers Welcome to the ESCoE Conference on Economic Measurement 2020. Anil Arora (Statistics This year sees a remarkable first for everyone involved, a completely online, digital, annual Canada) conference. As many of you will be aware, we, in partnership with the Office for National Statistics, were ‘Statistics Canada’s Modernization due to return to the excellent facilities of King’s Business School for EM2020. Covid-19, Journey – Responding to the Fast social distancing rules and travel restrictions all of course meant that these plans had to be Evolving Data Needs of the 21st changed. While there is no substitute that could ever completely replicate the experience of a traditional conference and the opportunities they provide for meeting colleagues in Century’ person, we are however very pleased to be able to host you this year on a virtual platform. We’ve done our best to recreate at least something of the experience of physically attending a conference. Our virtual conference space includes lecture rooms where you can access a comprehensive programme of live plenary, panel, contributed, Covid-19 and special sessions. The need for good-quality facts and data, in a society where there are massive changes, has You will also be able to visit our conference poster exhibition and engage directly with other never been greater. At Statistics Canada, a full-fledged modernization initiative is underway attendees and speakers via dedicated direct messaging and topic chatroom functions. to provide even greater value to Canadians and businesses in the form of data, analytics and insights.
    [Show full text]
  • Speech by Martin Weale Delivered at the Department for Business
    Speech by MARTIN WEALE MEMBER OF THE MONETARY POLICY COMMITTEE BANK OF ENGLAND AFTER THE RECESSION: THOUGHTS ON THE GROWTH POTENTIAL OF THE UNITED KINGDOM Speech delivered at the Department for Business, Innovation and Skills Analysts’ Conference, London, 12 November 2010 I am extremely grateful to Robert Gilhooly, Daniel Eckloff and Matthew Corder for their help with this speech, and to David Miles, Iain de Weymarn, Tony Yates, Simon Price, Jamie Bell, Gareth Ramsay and Rohan Churm for their helpful comments. Of course, this speech reflects my personal views. Thank you very much for inviting me to talk at this conference. I remember one of my economics lecturers saying in 1977 that Britain’s poor economic performance had been a matter of concern since the later part of Queen Victoria’s reign. During that time plenty of policies had been tried to improve things and, as far as one could tell, they had not worked. In this speech I would like to discuss first of all the impact that the recent crisis and its aftermath may have had on the potential level of output of the economy, secondly the effect it might have had on trend growth together with some of the other influences on trend growth and thirdly the particular question whether monetary policy is in a position to play any extra role in supporting the economy at the present time. The Potential Level of Output I should point out that there are plenty of precedents for arguing that periods of contraction result in semi-permanent loss of output.
    [Show full text]
  • Firms' Expectations and Price Setting: Evidence from Micro Data
    Firms' Expectations and Price Setting: Evidence from Micro Data∗ James Cloyne Lena Boneva Martin Weale Tomasz Wieladek February 2016 Abstract In many forward-looking macroeconomic models, such as the New Keynesian model, firms’ expectations about the future play a key role in determining outcomes to- day. We examine this hypothesis using a novel panel dataset on firms actual and expected price changes collected by the Confederation of British Industry. Our microeconometric approach overcomes the identification issues faced by previous empirical studies. The results suggest that firms’ expectations play a key role in their price-setting behaviour, with a coefficient on firm’s expectations consistent with the discount factor typically assumed in macroeconomic models. JEL classification: C23; C26; E31 Key words: Pricing setting; survey data; inflation expectations; New Keynesian Phillips Curve. ∗The views in this paper are those of the authors and do not necessarily reflect the views of the Bank of England, the Monetary Policy Committee, the Financial Policy Committee or the Prudential Regulation Authority. The data used in our paper are proprietary and are obtained under licence from the Confeder- ation of British Industry (CBI). The licensing contract permits Bank of England staff to use the data for research purposes. We are grateful for comments and advice from Sophocles Mavroeidis, Oliver Linton and Hashem Pesaran, and participants at the conference of the European Economic Association and the International Association of Applied Econometrics in 2015. An earlier version of this paper was presented at a conference in Cambridge in May 2014. Addresses for correspondence: Bank of England, Threadnee- dle Street, London EC2R 8AH.
    [Show full text]
  • Evidence from Martin Weale
    Questions in advance of Treasury Committee hearing Martin Weale 15 October 2013 1. Do you have any business or financial connections or other commitments which might give rise to a conflict of interest in continuing to carry out your duties as a member of the MPC? No 2. Do you intend to serve out the full term for which you have been appointed? Yes 3. Why have you decided to stay on for a second term? What have you learned from your experience of being on the MPC so far? Do you plan on doing anything differently during your second term? I have found my work on the MPC extremely interesting and I believe I have done it effectively. With the benefit of hindsight I do not think the judgements I have made were wrong. I have explained my analysis to a wide range of audiences and have made my views clear on the boundaries of monetary policy and thus of the Committee’s responsibilities. I was therefore glad to have the opportunity to continue in this role. At the start of my first term I found there was plenty to learn - in broad terms - because many of the MPCs’ discussions take place with reference to the history of previous discussions and assumptions about, for example, the structure of the economy. To be fully effective it is necessary to have an understanding of the background, and inevitably I did not learn that immediately. I should qualify this, however, by saying that the development of the Bank’s new modelling framework has made the historical assumptions built into our analysis much more transparent and, I think, much more accessible.
    [Show full text]
  • Quantitative Easing
    Quantitative Easing Seven years since the near collapse of the financial system following the Lehman Brothers bankruptcy, we now seem to Quantitative Easing be at a point where some central banks – the Federal Reserve and the Bank of England in particular – are close to beginning Evolution of economic thinking as it the process of reversing the very loose monetary policy they have pursued in the last seven years. But this process is likely happened on Vox to go very slowly. Moreover, other central banks – the ECB Evolution of economic thinking as it happened on Vox in particular – are not yet in such an enviable position. This means that quantitative easing is likely to remain a fascinating Edited by Wouter J. Den Haan policy that will be discussed on VoxEU.org and elsewhere for quite some time to come. This eBook is the second of the Vox As It Happened series, which gathers together the commentary on important economic issues by the world’s best economists. It maps the evolution of thinking about this policy instrument, paving the way for a more informed debate. a ISBN 978-1-907142-96-3 CEPR Press 9 781907 142963 a A VoxEU.org Book Centre for Economic Policy Research 77 Bastwick Street, London EC1V 3PZ; Tel: +44 (0)20 7183 8801; Email: [email protected]; www.cepr.org CEPR Press Quantitative Easing Evolution of economic thinking as it happened on Vox A VoxEU.org eBook Centre for Economic Policy Research (CEPR) Centre for Economic Policy Research 33 Great Sutton Street London, EC1V 0DX UK Tel: +44 (0)20 7183 8801 Email: [email protected] Web: www.cepr.org ISBN: 978-1-907142-96-3 © CEPR Press, 2016 Quantitative Easing Evolution of economic thinking as it happened on Vox A VoxEU.org eBook Edited by Wouter J.
    [Show full text]
  • United Kingdom Bank of England Remains Split on Policy Stance
    Markit Economic Research 19/11/2014 United Kingdom Bank of England remains split on policy stance . Two members of the Bank of England’s MPC economic growth sliding to a 16-month low in October, again voted to hike interest rates in November the most likely scenario is that the majority of MPC members will see the need for policy to remain on hold . Others have a “material spread” on risks to the at least until the second half of next year, barring any outlook, and therefore appropriate policy stance strong upturn in wage growth in coming months. Wage growth remains key to future policy BoE policy changes and the PMI The minutes from the November meeting of the Bank PMI, 50 = no change Base rate movement m/m, basis points of England’s Monetary Policy Committee reveal that 50 policymakers remain split regarding the economic 60 outlook and the appropriate course for policy. 55 0 Two of the nine members, Martin Weale and Ian McCafferty, again voted to hike interest rates by 0.25%, 50 -50 as they have done continually since August. However, 45 for the other members, the outlook for inflation in the UK PMI All Sector Ouput Index (LHS) Monthly change in BoE base rate (RHS) -100 medium term justified maintaining the current policy of 40 Quantitative easing programme record low interest rates. FLS Forward guidance 35 -150 Weale and McCafferty are worried that domestic '98 '00 '02 '04 '06 '08 '10 '12 '14 inflation could pick up sharply due to the amount of Sources: Markit, Ecowin.
    [Show full text]
  • Legal Panel Clears Bill for 5-Year Cap On
    SUBSCRIPTION MONDAY, NOVEMBER 24, 2014 SAFAR 2, 1436 AH www.kuwaittimes.net Interior Ministry Israel cabinet Echoes of a Hamilton wins scrambles to votes to once famed Abu Dhabi react to the enshrine ‘Jewish nightlife in GP, claims rumor mill3 state’ in8 law ravaged40 Aleppo world20 title Legal panel clears bill for Min 18º Max 26º 5-year cap on expats’ stay High Tide 13:52 Low Tide MP files to grill commerce minister over alleged violations 07:18 & 19:08 40 PAGES NO: 16352 150 FILS Fees, salaries By B Izzak KUWAIT: The National Assembly’s legal and legislative committee yesterday cleared a draft law calling to at Indian, Pak impose a five-year cap on the residence of expatriate workers in Kuwait, and that the size of any single com- schools hiked munity should not exceed 10 percent of the Kuwaiti By A Saleh population, which currently stands at 1.25 million. The panel’s action is mere routine work because the com- KUWAIT: Minister of Education Dr Bader Al-Essa has mittee only examines issued a decision increasing the tuition fees and if any particular bill is staff salaries at Indian and Pakistani schools to be in line with the consti- effective from the beginning of the school year tution or not. The bill 2014-2015. According to the new decision, kinder- now must go to the garten fees at Indian schools will be KD 320, primary interior and defense fees KD 356, intermediate fees KD 410 and second- committee which ary fees KD 460. The decision also set the salaries of must discuss the sub- kindergarten teachers at Indian schools at KD 250, ject of the proposal primary teachers KD 263, intermediate teachers KD and see if it is neces- 284 and secondary teachers KD 341.
    [Show full text]
  • Mica-English-March-02-03-19.Pdf
    CONTENTS VOL-15 ISSUE -03 Editor Reservation to Economically N.K. Jain Merger of the Three Banks Weaker Sections Advisors Neeraj Chabra K.C.Gupta Registered Office Mahendra Publication Pvt. Ltd. 103, Pragatideep Building, Plot No. 08, Laxminagar, USA : Government Kumbh Mela District Centre, New Delhi - 110092 Shutdown TIN-09350038898 w.e.f. 12-06-2014 Branch Office Mahendra Publication Pvt. Ltd. E-42,43,44, Sector-7, Noida (U.P.) For queries regarding promotion, distribution & Interview 5 advertisement, contact:- Current Affairs - One Liner 6-9 [email protected] Spotlight 10 Ph.: 09208037962 The People 11-17 Owned, printed & published by News Bites 18-62 N.K. Jain Reservation to Economically Weaker Sections 63 103, Pragatideep Building, Merger of the Three Banks 64-65 Plot No. 08, Laxminagar, USA : Government Shutdown 66-67 District Centre, New Delhi - 110092 Kumbh Mela (An Intangible Cultural Heritage of Humanity) 68-69 Please send your suggestions and World of English - Etymology 70 grievances to:- Mahendra Publication Pvt. Ltd. Designation : Who's Who 71 CP-9, Vijayant Khand, Quiz Time - General Awareness 72-81 Gomti Nagar Lucknow - 226010 UPSSSC VDO - Solved Paper 23/12/2018 82-100 E-mail:[email protected] J&K Clerk Pre- Model Paper 2018 101-113 © Copyright Reserved # No part of this issue can be printed in Subscription form is on Pg 60 whole or in part without the written permission of the publishers. # All the disputes are subject to Delhi jurisdiction only. Mahendra Publication Pvt. Ltd. Editorial “There is nothing as remarkable as learning how to think better.” Dear Aspirants, It is a great honour for us to publish "March 2019" edition of "Master In Current Affairs" a platform which provides you with in- depth and concise information.
    [Show full text]