BERNE: Chinese Premier Li Keqiang has hailed a free trade deal with Switzerland as a landmark achievement, saying it had “huge meaning” for global trade and underscored Beijing’s growing openness to the world.
“This free trade deal is the first between China and a continental European economy, and the first with one of the 20 leading economies of the globe,” Li told reporters yesterday after the two countries inked a preliminary agreement, paving the way for a final signature in Beijing in July.
Li said the implications of the Swiss deal would be felt well beyond the Alpine nation’s borders. Continue reading “Swiss trade deal underscores China’s globalisation: Chinese Premier Li Keqiang” »
PARIS: IMF chief Christine Lagarde avoided immediate charges on Friday but was named an “assisted witness” after French prosecutors grilled her for two days over a state payout to a disgraced tycoon when she was finance minister.
Lagarde was questioned for a total of 24 hours by prosecutors working for a court that probes cases of ministerial misconduct over her 2007 handling of a row that resulted in 400 million euros ($515 million) being paid to controversial business figure Bernard Tapie. Continue reading “IMF chief Christine Lagarde avoids charges in French payout scandal” »
NEW DELHI: N Srinivasan’s days as BCCI president seem to be numbered as a faction within the board is planning to initiate suspension proceedings against him if he refuses to step down in the aftermath of the IPL spot-fixing scandal that has thrown Indian cricket into disarray.
Srinivasan’s son-in-law Gurunath Meiyappan, who was till recently referred to as Chennai Super Kings CEO before being disowned by the franchise, was yesterday arrested for alleged involvement in betting. Continue reading “BCCI mulls suspending Srinivasan if he doesn’t resign” »
Asked to react on the course of action after the arrest of Gurunath, Modi said “CSK should be terminated” immediately and fresh auction be held.
“If an owner of an IPL team is engaged in betting, the contract clearly states that there is a suo motu right to cancel the agreement of the team and that should be done right away,” he said. Continue reading “Lalit Modi demands termination of CSK from IPL” »
Kristina is one of the female leads in ‘Yamla Pagla Deewana 2′ (YPD2), a sequel to the super hit 2011 film of the same name starring veteran actor Dharmendra along with his two sons, Sunny and Bobby Deol. The Sangeeth Sivan-directed action comedy releases on June 7. Continue reading “Dharmendra is energetic, Sunny disciplined: Kristina Akheeva” »