DAILY NEWS IN ENGLISH
Nissan chairman Carlos Ghosn arrested over financial misconduct Nissan Motor Company said on Monday it was moving to fire its highflying chairman, Carlos Ghosn, from his post after he was arrested for using company money for personal use and engaging in other serious acts of misconduct. Ghosn, who heads the Renault-Nissan-Mitsubishi alliance, was arrested in Tokyo on violation of financial regulations including misreporting his income. Shares in French carmaker Renault plunged as much as 12 percent as the news of his alleged misconduct broke - Renaultʼs lowest level in about four years. Nissan said the violations were discovered during an investigation over several months that was instigated by a whistleblower.
Romania offshore gas law plays with fire Romaniaʼs untapped oil and gas potential of up to 200 billion cubic meters, or bcm, in the Black Sea has attracted the interest of the worldʼs oil and gas majors, including US giant ExxonMobil and Austriaʼs OMV Petrom. Romania already covers almost all its gas use from its domestic onshore production and could double that over the next two decades when — or perhaps now if —offshore sources are added to supply. The Eastern European country produces 10.5 bcm of gas a year, mostly onshore, and consumes 11-12 bcm, making it largely independent of Russian gas, something others in the region can only envy. Other EU members are in fact scrambling to define coherent energy strategies that donʼt make them too reliant on Russian imports, hence the spike in interest in Romania, as well as US and Norwegian gas.
264/2018 • 20 NOVEMBER, 2018
German President Steinmeier calls for ʼnew startʼ with South Africa He praised South African President Cyril Ramaphosa
Steinmeier landed in South Africa on Monday for a three-day visit with a delegation of leading German businesses. Ahead of the visit, he praised South African President Cyril Ramaphosaʼs anticorruption efforts.
How Volkswagen is gearing up to be an electric car leader The German auto giantʼs board has approved plans to spend €44 billion over the next five years to overhaul its plants for electric vehicle production. DW explores where the money will be spent. Volkswagen on Friday took a step closer to shaking off the Dieselgate emissions cheating scandal after its supervisory board gave its ambitious electromobility strategy the go-ahead. Over the next two years, three of its German factories will be retrofitted for the production of electric vehicles (EVs) as the Wolfsburgheadquartered company aims to create the largest production network for
EVs in Europe. VW said on Friday its €44-billion ($50-billion) investment would include the overhaul of its production facilities for at least three sites to help achieve its target to launch 30 pure EVs over the next decade. It aims to achieve annual unit sales of 2-3 million e-cars by 2025, accounting for up to 25 percent of its total sales. The supervisory board also saw plans for VWʼs planned entrylevel e-car, which reports suggest will cost just €20,000. Volkswagenʼs first fully-autonomous vehicles are expected to roll off the production lines by 2021, according to the firmʼs Together 2025 strategy presentation.
Buried ʼPicassoʼ painting revealed as hoax Following an anonymous tip, writer Mira Feticu has found a painting buried in a Romanian forest which appeared to be a stolen Picasso. However, two theatre directors now claim it was all part of their publicity stunt. Picassoʼs lost masterpiece "Tete dʼArlequin" seems destined to stay lost after a possibly spectacular find was reported to be a hoax by the Dutch public broadcaster
NOS on Sunday. A group of Romanian nationals snatched the picture from a Rotterdam museum in a spectacular 2012 robbery. The incident, dubbed by the Dutch media as "the theft of the century" also saw robbers grab six more valuable paintings, including works of Monet and Gauguin. Three people were soon arrestedand convicted, but the artworks were never found.
Yemeni government confirms participation at peace talks The government backed by Saudi Arabia and other Arab countries has said it will send delegates to UNbacked peace talks. The last set of peace talks in September failed after Houthi rebels failed to show up. The Saudi Arabia-backed government of Yemen confirmed on Monday that it would take part in peace talks sponsored by the United Nations. The government also called on the UN to "pressure" Yemenʼs Houthi rebels to attend the talks without conditions. The announcement coincided with a speech by Saudi Arabiaʼs King Salman in which he reiterated his countryʼs support for the UN efforts to end the war. The Iranbacked Houthis have fought a threeand-a-half-year-war with the Yemeni government and analliance of Arab countries led by Saudi Arabia.
Germany issuing travel bans to 18 Saudis over Khashoggiʼs death Germany has triggered proceedings to ban 18 Saudi citizens allegedly involved inthe murder of dissident journalist Jamal Khashoggifrom entering Europeʼs border-free Schengen zone, German Foreign Minister Heiko Maas said on Monday. "We still have more questions than answers in the Khashoggi case," Maas said on the sidelines of a European Union meeting in Brussels, adding that he had discussed the decision with Britain and France prior to his announcement.
weather today BUDAPEST
3 / 5 °C Precipitation: 0 mm
264/2018 • 20 November, 2018
German intelligence foiled 2016 Islamic State terror attack Three teams of "Islamic State" (IS) terrorists were to have traveled to Germany in 2016 to prepare for and carry out a devastating attack — with the target possibly a music festival. A man, Oguz G., and woman, Marcia M., who traveled to Syria in autumn 2015 to join IS were to have played a central role in the attack. From ISʼ then-de facto capital of Raqqa, Marcia M. — who was herself a convert to Islam — tried to recruit women in northern Germany to marry IS members so that they could be granted permission to enter Germany. However, one of the women who was contacted was an informant for Germanyʼsdomestic intelligence agency, the Federal Office for the Protection of the Constitution (BfV), who alerted authorities. Details of the case emerged after an investigation by the German broadcasters ARD and WDR, as well as the Süddeutsche Zeitung and Zeit newspapers. The case was confirmed by the German Federal Prosecutorʼs Office.
Dina Asher-Smith named in IAAF Female Athlete of the Year shortlist Britainʼs Dina Asher-Smith has been named in the five-strong shortlist for the 2018 IAAF Female Athlete of the Year award. The triple European champion is joined by fellow sprinter Shaunae Miller-Uibo from the Bahamas. Belgian heptathlete Nafissatou Thiam, Colombian triple jumper Caterine Ibarguen and steeplechaser Beatrice Chepkoech from Kenya complete the list.
Chinaʼs road from copycat to innovator By 2050, China wants to be the global technology leader in all key industries. For this to become a reality, it first needs to unleash its full innovative power. The Asian giant is making big strides toward that goal. Copying other peopleʼs technology may be a thing of the past in China. Since 2011,the Asian nation has led the table of the countries filing the largest number of patents. In 2016, more patents were filed in China than in the US, the EU, Japan and South Korea combined. But that doesnʼt necessarily mean that China is already more innovative than the rest as one needs to pay attention to a peculiarity of the Chinese system. "Chi-
nese companies tend to file many interim patents, while German firms more often than not wait until theyʼre confident about the final innovation and only then file a relevant patent," says Thomas Escher from the Cologne-based law office Dompatent. Covestro AG (formerly Bayer MaterialScience) executive Christian Haessler confirms that Chinahas done a lot of catching up in the innovation sector.
The Beatlesʼ ʼWhite Albumʼ still a landmark at 50 Known as the "White Album," the Beatlesʼ ninth studio album came out on November 22, 1968. Going beyond the fab fourʼs LSD psychedelic pop, the iconic work pioneered new musical genres. I found mine under the Christmas tree. I remember discovering the pure white cover, embossed with the letters "The BEATLES" and the number 320733 barely visible on the bottom right. On the open cover, the titles of the songs were listed on the left side of the double sleeve, alongside four simple black-and-white portraits of
John, Paul, George and Ringo on the right. Included in the album was also a large poster of the four musicians with the details of the tracks. Most of the 30 tunes on the album are no longer than three minutes — though the shortest track is 52 seconds and the longest one over 8 minutes long. It starts out brilliantly with "Back in the U.S.S.R," followed by tracks featuring variety, harmonies and arrangements that were a true revelation for my young ears at the time — and they keep fascinating me to this day; I still regularly break my fingers trying to play "Blackbird" on the guitar.
A table! boulangerie patisserie on several spots of the city! Have a look out for A table! at the neighbourhood of your hotel. You can find us on both Pest or Buda side! French atmosphere patisserie. You can find our lovely shops around Budapest.1024 Retek utca 6.1051 Arany J. utca 16.1077 Wesselényi utca 9. NEW ! 1111 Bartók Béla út 44. Also take a look at our franchise partners at:1126 Böszörményi utca 16.1075 Madách tér 1. 1024 Lövőház utca 2. MAMMUT1123 MOM PARK
Hotel Azúr Prémium H-8600 Siófok, Erkel Ferenc u. 2/c. Telephone: 06 86 501 450 premium@hotelazur.hu http://www.hotelazur.hu/hu/premium
Published by: Mega Media Kft. 1075 Budapest, Madách I. út 13-14. +36 1 398 0344 www.hotelujsag.hu
eBay sues Amazon for allegedly poaching its sellers Online retailer eBay filed a lawsuit on Wednesday against its competitor Amazon, accusing the Seattle-based giant of using eBayʼs own messaging system to steal sellers. eBay described Amazonʼs scheme as an "orchestrated, coordinated, worldwide campaign" to "illegally lure eBay sellers." While both eBay and Amazonʼs revenue is boosted by independent sellers, the group has become a greater part of Amazonʼs recent growth. In 2017, more than half the items sold on Amazon came from third-party sellers. In eBayʼs lawsuit, Amazon representatives are accused of creating eBay accounts and then messaging sellers to persuade them to take their goods to Amazon.com instead. eBay argues that the move violated its user agreement. The plaintiff claimed that Amazonʼs "abuse" was systematic and had the sole purpose of harming eBay.
Hungaryʼs university ban on gender studies heats up culture war Hungarian Deputy Prime Minister Zsolt Semjen hinted at it during an interview in August: Hungarian universities would no longer offer gender studies as a discipline. According to Semjen, nobody wanted to employ "genderologists," so there was no need to train them. He also called the idea of gender as a social construct "absurd." The subject has now officially been abolished. Last weekend a government decree signed by Hungarian Prime Minister Viktor Orban came into force, removing gender studies from the list of masterʼs programmes. Degree courses in the discipline that have already begun can be completed. But after that, the subject will be banned at Hungarian universities. A master’s degree in gender studies is currently offered at two Hungarian universities: Budapestʼs state-funded Eotvos Lorand University (ELTE), Hungaryʼs oldest university, and theCentral European University (CEU), a private institution funded by Hungarian-American billionaireGeorge Sorosʼ Open Society Foundation. Around 20 students have taken part in the masters program at each university.