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Azerbaijan arrests former head of the largest bank

BAKU Police have arrested a former head of Azerbaijan’s greatest bank on suspicion of fraud and misappropriation of public funds, the interior ministry stated on Saturday.

Jakhangir Gajiyev resigned earlier this year as the head of the International Bank of Azerbaijan (IBA), the only state-owned bank, accounting for 35 % of banking assets in the oil-generating former Soviet republic,.

A court in Baku ordered Gajiyev to be detained for three months, pending trial.

Although the finance ministry holds a 51 % share in the bank, Azeri President Ilham Aliyev has ordered IBA’s privatization in line with guidance from the International Monetary Fund.

(Reporting by Nailia Bagirova Writing by Margarita Antidze Editing by Richard Balmforth)

32 workers die following fire on Azeri oil platform: committee head

BAKU Thirty-two workers have died following an offshore oil platform operated by Azerbaijan’s state power organization SOCAR caught fire in the Caspian Sea, the head of an independent committee said on Saturday.

SOCAR declined repeated requests for comment from Reuters.

“According to our information, 32 workers died, while 42 workers were rescued final evening. … The fire on the platform was finally extinguished,” stated Mirvari Gakhramanly, head of Azerbaijan’s Oil Workers’ Rights Protection Committee.

SOCAR stated on Friday that the fire on a platform in Azerbaijan’s Guneshli oil field had began after a gas pipeline on the platform was damaged in heavy wind. It said rescue attempts were becoming complex by a serious storm.

A single worker named a Reuters correspondent from the platform and said there were 84 folks trapped there. The worker did not want to be named. It was not clear whether or not his statement was now out of date.

SOCAR stated on its Facebook web page on Saturday that 26 workers had been rescued from the platform. It did not give details on regardless of whether there had been deaths or how several people were initially on the platform.

About 60 percent of SOCAR’s oil production passes via the platform exactly where the fire broke out, which means the company’s output will be temporarily hit.

The bulk of Azerbaijan’s oil is developed elsewhere, even so, such as on fields operated by British oil significant BP (BP.L).

BP Azerbaijan was not offered for comment on Saturday on regardless of whether adverse climate in the Caspian or the fire on SOCAR’s platform had affected its production.

In a separate incident, SOCAR stated on Friday that three workers were missing from another of its offshore oil platforms in the Caspian after an accident throughout the storm. The workers had been nevertheless missing as of Saturday.

Fourteen workers were killed in accidents on SOCAR’s oil and gas platforms in 2014.

(Reporting by Nailia Bagirova Writing by Margarita Antidze Editing by Alexander Winning and Stephen Powell)

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Police chief who place away Zhou Yongkang to head probe of China’s securities sector: Bloomberg

SHANGHAI A former Beijing police chief who put away 1 of China’s prime Communist Celebration officials will head a corruption investigation into the securities sector, Bloomberg reported on Friday, citing an unidentified supply.

Fu Zhenghua, now a deputy minister for public security, previously supervised the case against former Politburo Standing Committee member Zhou Yongkang, 3 individuals familiar with the matter told Bloomberg.

The Ministry of Public Safety did not instantly respond to a request for comment.

Haitong Securities, Guosen Securities and CITIC Securities have been topic to probes by the China Securities Regulatory Commission (CSRC) for suspected violations of margin trading rules.

After China’s stock market slump in mid-June, Beijing started cracking down on insider trading and quick-selling, which it mentioned had been partly to blame for market place volatility.

(Reporting by Engen Tham Editing by Ryan Woo)

Agen Sabung Ayam

Negotiators grab head begin on monumental climate challenge

PARIS Senior negotiators from almost 200 nations on Sunday began thrashing out a new global deal to curb climate change as the president of China, the world’s biggest polluter, landed in Paris.

The United Nations conference begins at summit level on Monday, when more than 150 heads of state and government – including U.S. President Barack Obama and Chinese President Xi Jinping – will attend talks at a sprawling complex north of the French capital. Xi arrived on Sunday.

To signal determination to resolve the most intractable issues, expert negotiators sat down on Sunday rather than after Monday’s high-level speeches, as originally planned.

French Foreign Minister Laurent Fabius said the aim was to give the world the means to cap global warming at 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial times or even 1.5 degrees.

That would avoid the most devastating consequences of global warming, such as rising sea-levels and desertification.

Referring to previous U.N. conferences that have dragged on days beyond the official close, Fabius said relying on “a last-night miracle” could risk failure. Progress must be made every day.

“The process cannot be chaotic. We owe it to ourselves and to the world to conclude the process in an orderly and respectful manner,” he said.

France, as well as hosting the Paris talks, formally takes on leadership of the U.N. process for a year from Monday.

Governments hope the Paris summit will end on Dec. 11 in a deal that will herald a shift from rising dependence on fossil fuels since the Industrial Revolution to cleaner energies such as wind or solar power.

Hundreds of thousands of people on Sunday joined rallies across the globe, telling leaders gathering for the summit there is “No Planet B” in the fight against global warming.

There is a tough task ahead. Weeks of preparatory talks this year have struggled to whittle down a negotiating text, which is still more than 50 pages long.

The most difficult issues include working out how to share the burden of taking action between rich and poor nations, how to finance the cost of adapting to global warming and the legal format of any final text, as U.S. politicians are likely to block a legally binding treaty.

“Some countries have concerns about all of the targets being binding,” Canadian Environment Minister Catherine McKenna told reporters. “The idea is to have a binding agreement. There may be elements that are not binding.”

Canada, home to reserves of oil sands, one of the most polluting forms of fossil fuel, withdrew from the 1997 Kyoto Protocol, which any new Paris deal will replace.

It is re-engaging with U.N. talks following the election of a Liberal government in October.

While big carbon burner China has been reluctant to submit to any outside oversight of its carbon pledges made at a climate summit in Copenhagen six years ago, it has promised to steer its coal-powered economy to a greener path.

The Paris summit is being held in tight security after attacks in Paris by Islamic State two weeks ago that killed 130 people.

(Additional reporting by Geert de Clercq and Emmanuel Jarry, Editing by Ros Russell)

Sabung Ayam Online

Negotiators grab head commence on monumental climate challenge

PARIS Senior negotiators from almost 200 nations on Sunday began thrashing out a new international deal to curb climate change as the president of China, the world’s biggest polluter, landed in Paris.

The United Nations conference starts at summit level on Monday, when more than 150 heads of state and government – which includes U.S. President Barack Obama and Chinese President Xi Jinping – will attend talks at a sprawling complex north of the French capital. Xi arrived on Sunday.

To signal determination to resolve the most intractable problems, specialist negotiators sat down on Sunday rather than right after Monday’s high-level speeches, as originally planned.

French Foreign Minister Laurent Fabius said the aim was to give the world the means to cap worldwide warming at 2 degrees Celsius (three.6 degrees Fahrenheit) above pre-industrial instances or even 1.five degrees.

That would avoid the most devastating consequences of worldwide warming, such as increasing sea-levels and desertification.

Referring to prior U.N. conferences that have dragged on days beyond the official close, Fabius stated relying on “a final-night miracle” could danger failure. Progress need to be created each and every day.

“The procedure can’t be chaotic. We owe it to ourselves and to the world to conclude the method in an orderly and respectful manner,” he stated.

France, as well as hosting the Paris talks, formally requires on leadership of the U.N. process for a year from Monday.

Governments hope the Paris summit will finish on Dec. 11 in a deal that will herald a shift from rising dependence on fossil fuels since the Industrial Revolution to cleaner energies such as wind or solar power.

Hundreds of thousands of folks on Sunday joined rallies across the globe, telling leaders gathering for the summit there is “No Planet B” in the fight against worldwide warming.

There is a hard job ahead. Weeks of preparatory talks this year have struggled to whittle down a negotiating text, which is nonetheless far more than 50 pages lengthy.

The most hard problems consist of functioning out how to share the burden of taking action amongst wealthy and poor nations, how to finance the expense of adapting to international warming and the legal format of any final text, as U.S. politicians are probably to block a legally binding treaty.

“Some nations have issues about all of the targets getting binding,” Canadian Environment Minister Catherine McKenna told reporters. “The thought is to have a binding agreement. There may be elements that are not binding.”

Canada, residence to reserves of oil sands, a single of the most polluting types of fossil fuel, withdrew from the 1997 Kyoto Protocol, which any new Paris deal will replace.

It is re-engaging with U.N. talks following the election of a Liberal government in October.

While huge carbon burner China has been reluctant to submit to any outside oversight of its carbon pledges made at a climate summit in Copenhagen six years ago, it has promised to steer its coal-powered economy to a greener path.

The Paris summit is being held in tight security right after attacks in Paris by Islamic State two weeks ago that killed 130 men and women.

(Additional reporting by Geert de Clercq and Emmanuel Jarry, Editing by Ros Russell)

Sabung Ayam Online

Occasions Names Alex MacCallum to Head Video Unit

The New York Instances mentioned on Monday that Alex MacCallum, an assistant managing editor at the moment overseeing audience development, would take handle of its video department.

Ms. MacCallum, 35, will assume the position when she returns from maternity leave in January, the business stated. Her new title will be assistant editor, and senior vice president, video. She will continue to supervise the audience development group, the organization stated.

The appointment signals the finish of an uncertain period for the video division, which has been without having a full-time leader considering that the paper announced a broad revamping of the unit in July. That was followed by an announcement of buyouts with the prospects of layoffs there earlier this month.

In a note to personnel on Monday, The Timesâ??s executive editor, Dean Baquet, and the companyâ??s chief executive, Mark Thompson, described video as a â??key editorial and industrial priorityâ? and described Ms. MacCallum as â??a strong leader who has a deep appreciation for the mission of The Instances and embodies the spirit of collaboration that we are functioning to extend throughout the company.â?

Mr. Baquet and Mr. Thompson said they anticipated Ms. MacCallum â??to step in and continue to shape a new vision for both our video journalism and our video enterprise on all platforms.â?

They stated that Justin Bank would take more than the day-to-day duty for audience improvement and report to Ms. MacCallum, who would supply strategic oversight of the unit.

She will report to each the enterprise side and the newsroom, they stated.

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