Monday, February 6, 2012

Seven NHS trusts to get access to £1.5bn bailout fund

Seven English NHS hospital trusts with debts caused, in part, by private finance initiative repayments are to have access to a £1.5bn government bailout fund, it has been announced.
The subsidy will be available over the course of 25-year long contracts.
 Link (submitted by Will)

New reason to withdraw HK retirement money early

Mandatory Provident Fund is intended as a future piggy-bank for Hong Kong people during their retirement years. But it doesn’t always mean we have to wait until we reach 65 to get our life-long savings. 
Previously, only a few other cases were good enough to warrant to permit withdrawal of funds earlier than the normal retirement age. These include death, total disability, early retirement a 60 and having small balance in the account. Terminally ill patients may be included in the list as it makes full sense for patients to take their money. Not only because no one else deserves them but also it is expected that taking care of a terminally ill patient incurs a significant amount of money.

Link (submitted by Johannes)

Tourist officials call on faithful to come

Mountains, lakes, cathedrals. Visitors to Switzerland are being encouraged to discover sites of spiritual significance alongside other attractions. 
The Swiss churches have joined forces with Switzerland Tourism to launch “Switzerland’s Religious Landscape”, aimed at providing Swiss and foreign visitors with an overview of the country’s religious heritage.
Link (submitted by Leo)

Russia to make it into Top 5 of world economies

Russia will soon become one of the world’s top five economies, Prime Minister Vladimir Putin said at the Russia 2012 Forum. 
Russia finished off 2011 with a good economic outcome, showing off a 4% GDP growth and a record low inflation rate (6.1%), compared to the past two decades. 
Most independent experts have placed Russia into top five of economies with a high potential for direct foreign investments.
Link (submitted by Sun Jin)

Cuba trade focus as Brazil's President Rousseff visits

Brazilian President Dilma Rousseff is making her first official visit to Cuba with the emphasis on fostering business ties. 
Communist-run Cuba, under US trade sanctions for 50 years, has seen some economic reforms under Raul Castro.
Link (submitted by Kara)

Ireland: Calorie count menus on the way

The display of calorie information on menus is set to become widespread in fast-food outlets and cafés across Ireland as part of a new initiative to combat obesity. 
Minister for Health Dr James Reilly today opened a consultation process on the issue, which will canvass opinions on the best way of putting calorie information on menus. And restaurants will have to comply with the recommendations whether they want to or not.
Link (submitted by Lauren)

FDI Spreadsheet from Class


Data from http://chartsbin.com/view/2222