In Febuary, Unemployment across countries that use the euro edged higher to 10.8%. Since the introduction of the single currency in 1999, Spain has the highest rate of 23.6% and the Purchasing Manager's Index has been below 50 for eight month. With a renewed downturn in production wiping out marginal gains seen in the first two months of the year, Eurozone manufacturers suffered a miserably hence, dragged on economic growth in the eurozone. Economists agree that the euro area is probably in recession, and the slowdown is creating a tough environment for job seekers. Italy's unemployment hit 9.3% in Febuary that reached highest level since the country started collecting monthly figures in 2004. Prime Minister of Italy,Mario Monti, is trying to push through reform of the labour market to boost employment. The lowest unemployment rates among countries that use the euro are to be found in Austria (4.2%), the Netherlands (4.9%) and Germany (5.7%). Confidence among European business leaders has been undermined by Europe's debt crisis,
finance ministers hope that an agreement to increase the size of the eurozone's rescue fund will help bolster sentiment, so they agreed to boost the joint lending power of the "firewall" from 500bn euros to 800bn euros.
The firewall is the permanent mechanism to bail out troubled euro zone nations.
Greece, Portugal, Ireland, Italy, and Spain failed to generate enough economic growth to make their ability to pay back bondholders that they guaranteed. Since the United States's financial crisis, the global ecnomy is growing very slowly, which exposed the unsustainable fiscal policies in countries around the world, hence causing the euro debt crisis.
Osama Bin Laden's three widows and two eldest daughters have been charged and sentenced for living in Pakistan illegally, they each received a jail term of 45 days in prison and been fined 10,000 rupees, about $114. The women have already served a month of their sentence and are expected to be deported in two weeks, since the US special forces killed the al-Qaeda chief last May, they have been in Pakistani custody.
The widows are two Saudi Arabians and a Yemeni that have been held at a house in the capital, Islamabad, which has been entitled as a "sub-jail", with all of their children. Atif Ali Khan, their lawyer, told the BBC's Newshour programme that the women were very happy with the verdicts(judgement) and were looking forward to being reunited with their families soon and that the Yemeni government had "shown its acceptance" for taking back the Yemeni widow, Amal Abdulfattah, 30, and her children. He was talking with the Saudi authorities about the deportation of the two Saudi women, and was "very confident" the matter would be settled in a few days. Police commandos barricaded the main gate of the two-storey house and officers could also be seen on the first floor of the residence. Osama Bin Laden lived in a secure compound in the north-western city of Abbottabad with his wives and children for nearly five years, he has a $25m reward on his head for his role in organising the 9/11 attacks on the US(Twins Tower). Amal Abdulfattah was Bin Laden's youngest wife, she said that Osama fathered four children with her while they were on the run, two of her children were delivered in state hospitals, but she stayed there just "two or three hours". The family was then ''dispersed'', she travelled to Karachi in Pakistan, meeting up with Bin Laden in Peshawar later and then moving to the Swat Valley, where they lived in two houses. They moved once again before settling in Abbottabad in 2005. Bin Laden's two older wives have been named in local media as Khairiah Sabar and Siham Sharif, from Saudi Arabia. It is unclear how many children the women have between them, but most estimates say there are about 10 children, only those above 12 were charged.
During the hunt for Bin Laden, most US and Pakistani officials believed he was hiding somewhere along the remote Afghanistan-Pakistan border, possibly in a cave. He was killed on 2 May 2011 after US Navy Seal commandos stormed his substantial compound in Abbottabad. Several other men in the house were also killed, and Bin Laden's youngest wife was injured.
Osama Bin Laden organised the attack for 9/11 which caused the Americans to be in great terror at that time. It was known that planes hit the tower directly and it took alot of courage for the terrorists to do that. They could be brain-washed. Hatred could also be one of the reasons for them to do this.
Russian passenger plane carrying 43 people has crashed shortly after take-off in Siberia, thirty-one people were killed and 12 survivors have been taken to hospital. ATR-72 turboprop aircraft had just left Tyumen on a flight north-east to the oil town of Surgut when it crashed, the reason remains unclear. All of the survivors are in intensive care and doctors are operating on eight of them, all crew died(which was made up of two pilots and two flight attendants). The ATR-72 turbo-prop aircraft was built by a French-Italian company.
Prosecutors have opened an investigation into the operations of UTair and Roshchino airport and the deputy transport minister has flown to the site.A ministry official in Tyumen, Yuri Alekhin, said the flight data recorders, the black boxes, have been recovered. The Russian emergencies ministry has published a complete list of the dead and injured, all of whom appear to be Russian. There were no children on board.
Air safety has been notoriously bad in Russia, but it had seemed to be improving. Last year, at least 15 Russian planes crashed, killing 120 people and questions were raised about maintenance.
In September, 44 people, including the entire Lokomotiv Yaroslavl ice hockey team, were killed in a plane crash that investigators found was caused by pilot error, and in 2010, the Polish President Lech Kaczynski and scores of other senior Polish figures died when the plane they were on crashed as it approached Smolensk airport in western Russia, in thick fog.
Pilots are very important as well as the quality of the plane. Lifes were lost through these accidents and I'm now feaarful of taking plane!
Well Done!
ReplyDeleteAll you have to do is remember what you've read so you can participate properly in Friday's debate.