Monthly Archives: July 2017

Chinese private equity Jingyi Group to expand into Australia via TST Partners

Chinese private equity group Jingyi Group, looking to make its first foray into Australia through Melbourne financial services group TST Partners, has entered a proposed agreement to buy out ASX-listed electronics group TTA and its sole warehouse/office building in Thomastown in Melbourne. While the $3.2 million commercial property at 75 Northgate Drive, Thomastown building will become a passive investment, the key ...

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Homeland Security says it is ‘closely following’ Australia terror plot

The Department of Homeland Security said Sunday it is closely monitoring the foiled Australia terrorist plot in which extremists planned an attack targeting an airplane. “We are closely following the terrorism investigation in Australia and assisting our partners,” DHS said in a statement. “The Department of Homeland Security remains focused on the persistent and emerging threats to aviation, and we have ...

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Inside Iran’s Mission To Dominate The Middle East

BAGHDAD — Iran has built up a multinational network of tens of thousands of young men from across the Middle East, turning them into a well-drilled fighting machine that is outgunning the US on the battlefield, as Tehran outsmarts the White House in the corridors of power. These men can be found leading the defense of the Syrian president, Bashar ...

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Where’s the blockbuster for the ‘Dunkirk in reverse’ in Iraq and Syria?

Right now, a gripping Hollywood blockbuster recalls the heroism of Dunkirk, when trapped Allied troops were rescued during WWII. However, there’s an equally stirring “Dunkirk in reverse” going on before our eyes in Iraq and Syria, and American Catholics are playing a starring role — not only in saving embattled Christians, but giving them hope of better things to come. ...

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Egypt’s top prosecutor opens investigation into Cairo Airport power outage

Sunday, Egypt’s top Prosecutor ordered for an investigation to be opened into a power outage at Cairo International Airport that disrupted flight schedules and caused a blackout in essential terminal for over an hour, state-run news agency MENA reported. The power loss took place at Terminal 3 on Friday from 12:20am to 01:41am, and caused flight delays for international and domestic ...

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Egypt businesses battle inflation after currency devaluation

Egyptian entrepreneurs, like Ibrahim Soudan, were forced to scour the black market for dollars a year ago to pay for imports as they battled a crippling foreign currency shortage. But today the country’s banks are flush with greenbacks and the black market for dollars has been wiped out — the result of Cairo’s decision to float the pound eight months ...

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US sanctions 18 Iranian entities day after certifying nuclear deal compliance

The Trump administration announced on Tuesday new sanctions on 18 Iranian individuals, groups and networks over non-nuclear behavior, such as support for ballistic missiles development. The move came a day after the administration certified to Congress that Iran is technically complying with the nuclear deal and can continue enjoying nuclear sanctions relief. The treasury department is targeting seven groups and five people that aided ...

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Australia could feasibly win Women’s Cricket World Cup and return home unemployed

The clock is still ticking in Australian cricket’s pay stoush, with the sport risking further damage if peace is not brokered this week. Monday brought no progress in protracted pay talks. The next round of meetings between Cricket Australia (CA) and the Australian Cricketers’ Association (ACA) is now expected to take place on Wednesday. Australia faces India in its Women’s ...

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Second Australian senator quits because of dual citizenship

CANBERRA, Australia — A second Australian senator in less than a week said Tuesday she was quitting Parliament after discovering she was a dual national and had therefore never really been elected. The controversy has raised questions about how many other lawmakers might also have no right to be there. Larissa Waters, co-deputy leader of the minor Greens party, said ...

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Egypt police trap and kill top militants: govt

Cairo – Egyptian police have killed two leaders of the Hasam militia in a shootout after intercepting them as they relocated to a new hideout on Cairo’s outskirts, the government said Tuesday. The interior ministry said the two militants were “prominent leaders” of the Hasam group – an extremist movement the government accuses of having links to the outlawed Muslim ...

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