Israel legalizes three outposts in the West Bank

Written by Sandeep Nehra

Israel has legalized three outposts in the West Bank, said on Tuesday the office of Prime Minister Benjamin Netanyahu said in a statement.

A ministerial committee has “decided to formalize the status of three communities established in the 90 following decisions of previous governments,” according to the text published on Tuesday morning.

The Israeli government was committed to the Supreme Court to regularize the status of these outposts.

Sunday, the issue of legalizing retroactive Bruchin, and Sansana Rechelim had been raised at a ministerial meeting at the end of which Mr. Netanyahu announced the formation of a committee composed of himself, the Minister of Defense Ehud Barak, Minister without Portfolio Benny Begin, and Strategic Affairs Minister Moshe Yaalon.

An Israeli official said Tuesday that “the decision… Continue reading...

Complaint from L’Oreal shareholders against photographer Francois-Marie Banier

Written by Sandeep Nehra

Two minority shareholders of L’Oreal filed a complaint against photographer Francois-Marie Banier they accuse of having received a contract of convenience with the world leader in cosmetics, said on Saturday with their lawyer.

The complaint for “breach of trust, complicity and concealment” is namely François-Marie Banier. The two shareholders, Janez Mercun Temtrade and society, based in Geneva, accused him of having received two contracts, signed in 1996 and renewed in 2002, “which correspond to nothing,” said Frederik-Karel Canoy me to AFP.

In 1996, a “sponsorship agreement”, signed at the request of Liliane Bettencourt, a remuneration of 1,000,000 francs and a contract for “service delivery”, a remuneration of 500,000 francs, according to the complaint consulted by the AFP. The sums were laid in 2002 to 305,000 euros per year and 450,000… Continue reading...

IMF resources: Europeans crossing their fingers

Written by Sandeep Nehra

Obtained with the promise of an increase of over $ 430 billion of IMF resources, the Europeans believe that the “toolbox” anti-crisis is in place and crossing their fingers waiting for the market response.

“We, the Europeans have achieved our main objectives during these meetings,” Friday welcomed the European Commissioner for Economic Affairs, Olli Rehn, following a meeting of G20 finance ministers, sidelines of the biannual meeting of the IMF.

Executive Director of the Fund, Christine Lagarde, ruled in turn that this sum, added to some 1,000 billion dollars of “firewall” EU decided in late March by the Europeans, were a “toolbox sufficient” to counter any eventuality.

“This allows the IMF to be sufficiently prepared for all challenges in the world”, also welcomed the German finance minister Wolfgang Schäuble… Continue reading...