Five Indian-origin Women in '100 Most Influential Women in US Finance' List
Barron's prestigious annual '100 Most Influential Women in US Finance' list included five Indian-origin women executives who attained prominent positions in the financial services industry and have played a role in shaping its future. These women are Anu Aiyengar from J.P. Morgan, Rupal J. Bhansali from Ariel Investments, Sonal Desai from Franklin Templeton, Meena Flynn from Goldman Sachs, and Savita Subramanian from Bank of America. The fourth annual version of the list recognised these women and 95 others for their accomplishments and influence in the US finance industry.
Apr 07, 2023
Subramaniam Appointed Warrant Officer of UK's RAF
British-Hindu Murugesvaran 'Subby' Subramaniam was appointed as Warrant Officer of the UK's Royal Air Force. The role involves advising the Chief of the Air Staff on matters related to RAF personnel. Subramaniam took over from Warrant Officer Jake Alpert.
Subramaniam is an Air and Space Operations Manager, whose service in the last 15 years has predominantly been in the Space-Based Infrared System (SBIRS), Missile Warning (MW), Space Domain Awareness (SDA), and Ballistic Missile Defence (BMD) field. He has served in the Royal Engineers with 106 Field Squadron/12 Force (Air) Support Group, 36 Engineering Regiment prior to joining the Royal Air Force in 1998. In 2007 Subramaniam spent the next three years at Air Command Bunker dealing with pan-government resilience operations, and he also gained Missile Warning Operator and Data Links Network Manager qualifications. In 2021, he was appointed as the inaugural Command Warrant Officer to the United Kingdom Space Command.
Apr 06, 2023
Iran Appoints First UAE Ambassador Since 2016
Iran appointed an ambassador to the United Arab Emirates for the first time since 2016, amid a realignment of relations between Gulf States and Iran.
The move came after the UAE in August 2022 moved to upgrade ties and said it was returning its ambassador to Tehran.
The UAE downgraded relations with Iran after Saudi Arabia severed ties with Iran in January 2016 after Iranian protesters stormed the Saudi embassy in Tehran following Riyadh's execution of a prominent Shi'ite cleric.
Iran's newly appointed ambassador Reza Ameri had served as the Director General of the Iranian expatriates office in the Foreign Ministry.
Apr 05, 2023
Donald Trump Arrested
Former US President Donald Trump was arrested and charged with 34 felony counts related to business fraud.
The man who spent four years in the White House was brought before a judge and pleaded not guilty to all charges.
These charges relate to a $130,000 (£105,000) payment made to buy the silence of an adult film actress, Stormy Daniels, who says she had sex with him.
The wire transfer came 12 days before the 2016 election that Trump won against Hillary Clinton.
He was released by the court and flew back to his Florida home where he slammed the case against him in a speech to supporters.
Ms Daniels says she had an affair with Mr Trump in 2006, which he has always denied.
In 2016 she tried to sell her account of what happened to the media. Trump's lawyer, Michael Cohen, paid her $130,000 to keep quiet.
Hush money is not illegal but what has got Trump into trouble is how Cohen's reimbursement was recorded in his accounts.
Trump is accused of falsifying his business records in the first degree by saying the payment was for legal fees.
Apr 04, 2023
Bahrain Launches Golden Licence to Attract Large-scale Investment Projects
Bahrain took a significant step towards incentivizing investments and job creation by launching a new initiative, the Golden Licence. The Golden Licence is designed to provide streamlined services and benefits to local and foreign businesses with large-scale investment projects in Bahrain.
This initiative was introduced by Bahrain's Cabinet, chaired by Prince Salman bin Hamad Al Khalifa, Bahrain's Crown Prince and Prime Minister, and aims to attract local and international investments to create job opportunities, in line with Bahrain's Economic Recovery Plan. Under the Licence, companies will enjoy integrated cooperation with different government departments and a designated account manager from Bahrain's Economic Development Board. There may also be a review of existing laws and regulations where necessary and applicable.
Malaysian Parliament Scraps Death Penalty
Malaysia's parliament passed sweeping legal reforms to remove the mandatory death penalty, trim the number of offences punishable by death, and abolish natural-life prison sentences, a move cautiously welcomed by rights groups.
Malaysia has had a moratorium on executions since 2018, when it first promised to abolish capital punishment entirely. The government, however, faced political pressure from some parties and rowed back on the pledge a year later, saying it would retain the death penalty but allow courts to replace it with other punishments at their discretion.
Under the amendments, alternatives to the death penalty include whipping and imprisonment of between 30 to 40 years.
Italy Seeks to Ban Using English Language for Formal Communication
Use of English or any other foreign language by citizens in Italy for formal communication would soon attract hefty penalties. Prime Minister Giorgia Meloni`s Brothers of Italy party has introduced new legislation which proposes a fine of up to Euro 1,00,000 for using any foreign language, especially English, in official communication.
In the Italian Chamber of Deputies (Lower House), politician Fabio Rampelli introduced the legislation which was supported by the Prime Minister.