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Tuesday, 17 April 2012

Energy-rich Qatar seeks la dolce vita with purchase of luxury resorts on Italy’s Sardinia isle


Qatar signed a deal Monday to buy the operator of four luxury resorts and other properties on the island of Sardinia as the wealthy Gulf emirate looks to bolster ties with Italy. The purchase coincided with a visit to Rome by the country’s emir. It is the latest deal in a European shopping spree that has given the natural-gas rich state a stake in European banks, energy companies and some of the continent’s best known brands. 0 Comments Weigh InCorrections? Personal Post State-owned Qatar Holding, an arm of the country’s sovereign wealth fund, said it will acquire resort operator Smeralda Holding from Los Angeles-based real estate investment firm Colony Capital. The deal includes the Cala di Volpe, Pitrizza, Romazzino and Cervo hotels, a marina and shipyard, a golf club and a 51 percent interest in 2,290 hectares (5,660 acres) of undeveloped land nearby. Qatar Holding plans to keep Smeralda’s existing management, and said Starwood Hotels and Resorts Worldwide Inc. will continue to run the hotels. Financial terms were not disclosed. The deal must still be approved by Italian regulators. The deal was announced as Italian Premier Mario Monti held talks with Qatar’s emir Sheik Hamad bin Khalifa Al Thani at a government villa in Rome. Monti hailed the visit as way for the countries to strengthen their friendship. “I am very happy for this meeting because it was (an) occasion to consolidate a strategic relationship between the two countries,” Monti told a news conference after the talks. The emir told reporters that Qatar’s sovereign fund is looking for ways to invest in Italy. When asked what factors discouraged investment in Italy, the emir said “corruption, first of all,” according to Monti. Among the accords signed Monday was one aimed at boosting efforts to fight graft and crime. Another raises the number of passenger flights between the countries from 14 to 35 weekly, and cargo flights from two to seven, Monti said. Monti promised Italian help to Qatar as it prepares to host soccer’s 2022 World Cup. “Italy has unique know-how and can contribute to the success” of the sporting event, the Italian leader said. Over the past several years, Qatar has used its vast energy wealth to amass a diverse portfolio of European properties. Its holdings on the continent include stakes in Barclays PLC, Credit Suisse Group, Volkswagen AG, and the London Stock Exchange. It acquired stakes in Spanish power utility Iberdrola SA and electric company Energias de Portugal last year. Qatari investors control French soccer team Paris Saint-Germain and Spanish club Malaga, while the logo of state-sponsored nonprofit Qatar Foundation graces the jerseys of another Spanish team, Barcelona.

Monday, 16 April 2012

British terror supergrass sentence cut by two years


jailed British terrorist has had his sentence cut by two years in a supergrass deal after giving evidence about an al Qaeda-linked “martyrdom” plot in New York, it was revealed today. Former teacher Saajid Badat was jailed for 13 years in 2005 for plotting with shoe bomber Richard Reid to blow up a transatlantic airliner in 2001 in what an Old Bailey judge said was a “wicked and inhuman” plot. He has now had his term reduced by two years under the first “supergrass” deal involving a terror convict, after providing intelligence to US prosecutors investigating an alleged plot to blow up the New York subway on the eighth anniversary of the 9/11 attack. Details of the deal — kept secret for more than two years — were revealed today by the Crown Prosecution Service as a trial of the alleged al Qaeda plotters began in New York. Defendant Adis Medanjanin, a 27-year-old Bosnian-born US citizen, is charged with conspiring to use a weapon of mass destruction, conspiring to commit murder in a foreign country, and providing “material support” to al Qaeda. He is said to have had terrorist training in Pakistan in 2008 and then returned to begin a plot to use beauty parlour chemicals to blow up the subway. Badat, from Gloucester, joined Reid’s shoe bomb conspiracy but pulled out at the last minute.

Sunday, 15 April 2012

Western embassies targeted in Afghanistan attacks

 

Gunmen have launched multiple attacks across the Afghan capital Kabul. Western embassies in the heavily-guarded, central diplomatic area are understood to be among the targets as well as the parliament building in the west. There are reports that up to seven different locations have been hit. The Taliban has admitted responsibility, saying their main targets were the British and German embassies. There is no word at this stage on any casualties.

Taliban free hundreds from Pakistan prison

Hundreds of prisoners are believed to have escaped from a jail in northwest Pakistan after it was attacked by anti-government fighters armed with guns and rocket-propelled grenades. Some of those who escaped from the facility in the town of Bannu, in the Khyber Pakhtunkhwa province, early on Sunday morning were "militants", an intelligence official told the Reuters news agency. "Dozens of militants attacked Bannu's Central Jail in the early hours of the morning, and more 300 prisoners have escaped," Mir Sahib Jan, the official, said. In Depth   Profile: Pakistani Taliban "There was intense gunfire, and rocket-propelled grenades were also used." Many of those who escaped following the raid were convicted Tehreek-e-Taliban Pakistan (TTP) fighters, Al Jazeera's Kamal Hyder reported from Lahore. A prison official in Bannu confirmed that "384 prisoners have escaped". A police official identified one of the inmates who escaped as a "dangerous prisoner", who took part in one of the attempts to kill the former president, Pervez Musharraf. The TTP, an umbrella organisation for anti-government groups that are loosely allied with the Taliban in Afghanistan and al-Qaeda, took responsibility for the attack. A spokesman for Hakeemullah Mehsud, TTP's leader, confirmed to Al Jazeera that the group was responsible for the attack. Another Taliban spokesman told Reuters: "We have freed hundreds of our comrades in Bannu in this attack. Several of our people have reached their destinations, others are on their way.".   Our correspondent said the attack took place in the early morning and had resulted in an exchange of fire that had left several people wounded. "After the attack the paramilitary and regular military forces came to that location and tried to surround the area," he said. "They have arrested up to a dozen men, but most of the people have indeed escaped." The injured were rushed to a local hospital in Bannu. Sources told Al Jazeera that as many as 150 fighters were involved in the attack. After blowing up the gates of the main prison at around 1:30am local time (20:30 GMT on Saturday), they entered the compound and freed the inmates, the sources said. The attackers had arranged for the transportation of the inmates from the facility. A police official told Reuters that Bannu's Central Jail held 944 prisoners in total, and that six cell blocks had been targeted in the attack.

Friday, 13 April 2012

Surf Air: Can an all-you-can-fly airline possibly work?

 

SURF AIR, a Californian start-up, has a novel business model: for a monthly fee you can fly with the airline as much as you want. Is buffet-style air travel the wave of the future? JetBlue and Sun Country Airlines have both already tried offering all-you-can-fly passes, but so far no carrier has built its business model exclusively on a buffet plan. The idea isn't bad, but some scepticism is warranted. At $790 a month, Surf Air's flying plan will probably only appeal to business travellers who often go to the same places and rich Californians in long-distance relationships. Will that customer base allow Surf Air to make a profit? Maybe: 20m frequent flyers jetted between San Francisco and Los Angeles in 2011, according to the company's numbers. The airline plans to launch with service between Palo Alto, Monterey, Santa Barbara and Los Angeles, but it still needs to secure regulatory approval, according to a company press release. Frequent flyers make up a huge portion of the business-traveller population, and almost every airline relies on business travellers to get (and stay) in the black. There is surely some group of private-jet-sharing business travellers who might be attracted to an all-you-can-jet airline as a cheaper alternative. A lot will depend on how many flights and how much convenience Surf Air can offer, and how quickly it can expand service. The company's promises certainly seem attractive: [Surf Air will offer] its members 30-second booking and cancellations, travel to and from uncongested regional airports, and an easy arrive-and-fly process with no hassle, no lines and no extra fees. It's easy to make promises, though. It's much harder to run a profitable airline. As Gulliver often notes, the American airline sector overall has never really made any money—in fact, total earnings over the entire history of the industry are minus $33 billion. That, of course, suggests that existing airlines might be doing it wrong. Maybe all-you-can-fly really is the way to go. It's at least worth a shot. I'll be eager to see what people think of the final product—assuming regulators give the go-ahead.

Worrying is good for you and reflects higher IQ

It evolved in humans along with intelligence to make them more adept at avoiding danger. A study of 42 people found the worst sufferers of a common anxiety disorder had a higher IQ than those whose symptoms were less severe. Scientists say their findings published in Frontiers in Evolutionary Neuroscience, suggest worrying has developed as a beneficial trait. Psychiatrist Professor Jeremy Coplan, of SUNY Downstate Medical Centre in New York, and colleagues found high intelligence and worry are linked with brain activity measured by the depletion of the nutrient choline in the white matter of the brain. He said: "While excessive worry is generally seen as a negative trait and high intelligence as a positive one, worry may cause our species to avoid dangerous situations, regardless of how remote a possibility they may be. "In essence, worry may make people 'take no chances,' and such people may have higher survival rates. Thus, like intelligence, worry may confer a benefit upon the species." The researchers made the discovery by monitoring activity in the brains of twenty six patients with generalized anxiety disorder (GAD) and eighteen healthy volunteers to assess the relationship between IQ, worry and the metabolism of choline. In the control group high IQ was associated with a lower degree of worry, but in those diagnosed with GAD it was linked with more. The correlation between IQ and worry was significant in both the GAD group and the healthy control group. But in the former it was positive and in the latter negative. Previous studies have indicated excessive worry tends to exist both in people with higher and lower intelligence, and less so in people of moderate intelligence. It has been suggested people with lower intelligence suffer more anxiety because they achieve less success in life. Worrying has also been shown to lessen the effect of depression by countering brain activity that heightens the condition.

Eating nuts can help stave off obesity, says study

 

Dieters often dismiss them because of their high fat content, but research suggests that snacking on nuts can help keep you slim. A study found that those who consumed varieties such as almonds, cashews and pistachios demonstrated a lower body weight, body mass index (BMI) and waist circumference compared to non-consumers. They were also at lower risk of developing heart disease, type 2 diabetes and metabolic syndrome. Experts are now recommending a daily intake of 1.5 ounces, or three tablespoons of nuts as part of a healthy diet. Lead researcher Carol O'Neil, from Louisiana State University, said: 'One of the more interesting findings was the fact that tree nut consumers had lower body weight, as well as lower body mass index (BMI) and waist circumference compared to non-consumers. 'The mean weight, BMI, and waist circumference were 4.19 pounds, 0.9kg/m2 and 0.83 inches lower in consumers than non-consumers, respectively.' In the study, published in the Journal of the American College of Nutrition, researchers compared risk factors for heart disease, type 2 diabetes and metabolic syndrome of nut consumers versus those who did not consume nuts.

Thursday, 12 April 2012

Alaska coast guards found dead at Kodiak Island

 

Two members of the US Coast Guard in Alaska have been found dead, prompting concerns that a killer could have struck at a remote island outpost. A captain at the Kodiak Island Station said they were unsure what happened and a suspect could still be at large. The base and schools in the area were put on lockdown and residents of the island were told to remain vigilant. The names of the victims will be released after their families have been notified, the coast guard said. "It is possible that the suspect remains at large," Commanding Officer Captain Jesse Moore said. "Since we don't have all the details, we strongly advise all Kodiak residents to remain vigilant and to report any suspicious activity to local law enforcement officials." The captain also said the unit was "deeply saddened" to have lost two shipmates. Officials were unable to determine whether the deaths were a double murder or a murder-suicide. "This is a rare occurrence and we are going to do everything possible to ensure we find out exactly what happened," he said. Agents from the FBI have been sent to Kodiak from the town of Anchorage, about 250 miles (402km) away. Kodiak has a population of about 6,300 people.

An Albanian fugitive accused of multiple murders in his home country has been arrested in north London after 15 years on the run.

Ndrieim Sadushi, 41, was last night picked up on an international warrant by police outside his home in Southgate.

An Albanian court found him guilty in his absence of three killings and an attempted murder in the eastern European country in 1997.

At an extradition hearing in Westminster Magistrates' Court today, Sadushi claimed he had been the victim of mistaken identity and was in fact 31-year-old Arjan Kasa.

 

But district Judge Michael Snow ruled police had got the right man after being told his fingerprints matched those of the convicted killer.

Sadushi, who is said to have used at least six aliases while evading the authorities, will face a life sentence if he is sent back to his homeland.

 His barrister Richard Hallam stands by the claim that his client is Arjan Kasa.

Prosecutor James Stansfeld said that, in addition to being wanted by the Albanian police, authorities in Italy accuse Sadushi of drug trafficking, passport fraud and controlling prostitutes.

Italian courts sentenced him to 13 years and four months in his absence.

He has been linked to the notorious Kadeshi armed gang, of which all the other leaders have been arrested.

Sadushi is due to appear before Westminster Magistrates' Court today

Sadushi is due to appear before Westminster Magistrates' Court today

Hannah Pye, representing the Albanian authorities, said: 'The request for extradition comes from Albania, after he was handed a custodial sentence, following a conviction for five offences.'

‘Those were, the creation and participation in an armed gang, three counts of murder and one attempted murder.

‘For that he was sentenced to life imprisonment, and an appeal against the sentence was upheld by the Albanian appeal court in 2000.’

Officers from the Metropolitan Police’s extradition unit arrested Sadushi outside a property in High Road, Southgate.

The UK Border Agency holds no record of him claiming asylum and he is thought to have entered Britain on the back of a truck in 2000. 

Last year he was one of 14 suspects to have their mugshots released as part of Operation Sunfire, a coordinated effort to bring some of the UK's most wanted fugitives before extradition courts.

Twelve of the suspected murderers, rapists and robbers pictured were from eastern Europe, while the other two were wanted in connection with crimes in Italy and Australia.

Sadushi will return to court on April 25.




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