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Geneva

Swiss cops raid HSBC's Geneva office

Swiss cops raid HSBC's Geneva office

Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering. Prosecutors said they are investigating HSBC Private Bank (Suisse) and persons unknown for suspected aggravated money laundering. Switzerland opens money-laundering probe of HSBC after tax evasion reports http://t.co/TKP7KJ6vLD pic.twitter.com/8ZSfqLm0XY — Fox News (@FoxNews) February 18, 2015 Telegraph's Peter Oborne...

Geneva Summit

Climate pact blueprint ready for adoption

Negotiators in Geneva are geared to adopt a climate blueprint Friday, a symbolic milestone in the fraught UN process that must culminate in a universal pact in Paris in December. Assembled over the past six days, the 86-page draft plan for limiting manmade global warming is due to be adopted at a closing session that starts at 1400 GMT. Ever since the 2009 Copenhagen conference failed to deliver a world agreement, the 195 nations gathered under the UN Framework Convention for...

Negotiators agree on early draft of UN climate deal

Negotiators agree on early draft of UN climate deal

UN negotiators have produced an early draft of what eventually should become a landmark climate deal in Paris next December, piling on pages to make sure it reflected every country's wishes. So instead of shrinking to a more manageable size, the 38-page document from previous climate change meeting has swelled to 86 pages during a weeklong negotiating session in Geneva. EU delegates are disappointed that the text has grown so long. Others, however, said the key thing was to ensure that all countries felt their views were reflected.

Bangladesh inks deal with CERN to boost science, technology

Bangladesh inks deal with CERN to boost science, technology

Bangladesh has moved one major step closer towards the advanced science and technology through signing an international co-operation agreement with CERN, the European organisation for nuclear research, in Geneva. M Shameem Ahsan, ambassador and Permanent Representative of Bangladesh in Geneva, Switzerland yesterday signed the instrument of cooperation on behalf of Bangladesh government with Dr Rolf Heuer, director general of CERN, according to a press release of External Publicity Wing of Ministry of Foreign Affairs in Dhaka. Since the ‘Vision 2021’ of Prime Minister Sheikh Hasina had articulated the aspirations of her government for advancement in...

56 countries seek carbon capture incentives in next climate deal

56 countries seek carbon capture incentives in next climate deal

Fiscal incentives for carbon capture should be part of the global climate change agreement that replaces the Kyoto Protocol, 56 countries belonging to the UN Economic Commission for Europe (UNECE) said in a statement on Tuesday. The recommendation by the UNECE member states puts the issue formally on the table for a meeting of...

Resilience fund to combat extremism launched

The Global Community Engagement and Resilience Fund (GCERF) was launched in Geneva yesterday aiming to build resilience against violent extremist agenda. The fund will support local community-level initiatives in the areas of education, youth, women's advocacy, public awareness, social entrepreneurship and vocational training. The GCERF Secretariat has targeted to raise a total of US$200 million over the next 10 years to fund projects in various countries across the world to combat violent extremism. It is expected that in the initial phase, GCERF's...

New role for Latifur

New role for Latifur

Latifur Rahman, vice-president of International Chamber of Commerce-Bangladesh and chairman of Transcom Group, has been elected member of the executive board of the Paris-based ICC for a three-year term starting in July. ICC at its 202nd council held in Geneva on June 27 unanimously elected Rahman and five others as its executive board members, the chamber said in a statement yesterday. ICC provides a forum for businesses and other organisations to examine and better comprehend the nature and significance of the major shifts taking place in the world economy. It also offers an influential and respected channel for supplying business leadership to help governments manage those shifts in a collaborative manner. Rahman...

Illegal Migration

UNHCR worried about abuse of boat people

The United Nations High Commissioner for Refugees (UNHCR) has expressed concern over the rising abuse of people who have sailed from Myanmar and Bangladesh through the Bay of Bengal aiming at illegally migrating to other countries. The UNHCR welcomed Bangladesh government's initiative to make a 'list' of the estimated 200,000 to 500,000 unregistered Rohingyas in Bangladesh. "We hope the exercise will be carried out in accordance with international standards and that it will result in access to documentation, assistance and justice...

S Lanka to implement UN demands except probe over 'war crimes'

S Lanka to implement UN demands except probe over 'war crimes'

President Mahinda Rajapaksa has said Sri Lanka is in the process of implementing all demands made by the sponsors of the UNHRC resolution against it except for allowing an international probe into alleged human rights violations during the last phase of the war with the LTTE. The assertion was made by the Sri Lankan President during a meeting on Friday with Seiji Kihara, Japan's Parliamentary Vice Minister for Foreign Affairs. Rajapaksa told the Japanese minister, “Please tell this truth to rest of the world. Except for an international inquiry we are in the process of implementing all other demands made by sponsors of the Resolution.” The President's office quoted Kihara as saying...

Ukraine Crisis

Violence shatters Easter truce

Violence shatters Easter truce

Pro-Kremlin rebels in east Ukraine yesterday appealed for Russian "peacekeepers" to sweep in after a deadly gunfight killed at least two of their militants, shattering an Easter truce and sparking "outrage" in Moscow. But the Western-backed authorities in Kiev claimed the violence was a set-up by Russia to create a pretext for it to...

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