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Walmart makes big bang in South Africa

Some big things come in small packages, but the news that the Republic of South Africa’s Competition Office (aka Tribunal) approving the “merger” (actually a 51% acquisition) between America’s Walmart and Massmart Holdings comes in one of the biggest packages the southern African country has ever seen. Much to the dissatisfaction of the American investors, [...]

Justin Bieber’s “Jesus” tatoo heavily criticized by Hungarian catholics

Maybe it was the year without rain or the fact that he is no longer merely a half a dozen Billboard Music Awards baby-faced teen pop star, which prompted Canadian singer Justin Bieber (17) to tattoo the name Yeshua, alias Jesus, in Hebrew on his felt. Hungarian catholics have allegedly condemned his actions calling it [...]

Ferenc Madl, Hungarian icon, former President of the Republic passes away at age 80

The late Ferenc Madl (President of Hungary between Aug 4, 2000 – Aug 5, 2005) has passed away at the ripe old age of 80 on May 29, 2011, based on a press release made by the State Presidency. He was the President supervising the offices of three Hungarian Prime Ministers, namely Prime Minister Viktor [...]

Russian marathon twins robbed in South Africa

Police in the Republic of South Africa are investigating the alleged robbery of the world’s most celebrated marathon twins – Russian sisters Olesya and Elena Nurgalieva (see courtesy picture). The team vehicle of the sisiters were reportedly robbed of their possesions (purses, cameras, etc) and running gear at one of the watering points on the [...]

Hungarian political Messi celebrates birthday with FC Barcelona win

Hungarian Prime Minister Viktor Orban is said to have made major preparations with a double whammy for his 48th birthday (he was allegedly born on May 31, 1963) in Budapest after his favourite team FC Barcelona won the 2010/2011 UEFA Champions League on Saturday (May 28), a source close to his government told Budapest Report [...]

Slovak anti-Hungarian sentiment still continues after 65 years

The Slovakian opposition parties continue to criticize the “restitutional foreign policy” of the Hungarian Government, according to official sources in Bratislava – the capital city that was once also the royal seat of the Hungarian people. The opposition parties allegedly claim that the “revisionist” Hungarian Government wishes to review the past and demand compensation from [...]

State reacquires MOL shares

At a news conference on Tuesday, PM Viktor Orban announced that his cabinet has reaquired 21.2 percent in the oil giant MOL for EUR 1.88 billion – a package previously owned by Russian Surgutneftegas. Orban’s statement comes after a year-long string of negotiations, that he said “secured” the Hungarian oil company and described as a [...]

Hungary’s corporate leaders to play leading role in addressing climate change

A new organisation bringing together Hungarian corporate leaders on climate change will be launched today. The leaders pledge to lobby actively for positive change in Hungarian and European climate change policy. Companies who have joined are committed to supporting ambitious targets and timelines on greenhouse gas emissions reduction and the adoption and implementation of a [...]

Zentai suffers stroke

Charles Zentai, a Hungarian-born Australian who was set to appear at a court hearing to appeal against extradition to Hungary for alleged war crimes lost his ability to speak due to a stroke suffered on Friday, according to the Australian Associated Press. Zentai’s son Ernies Steiner said a successful extradition procedure would kill his father. [...]

Hungary-China relations strengthen

On Monday an official of Hungary’s leading parliamentary party FIDESZ said members of his government are currently in Chino-Hungarian talks in Beijing, where their priority is to lure Chinese invetors to Hungary in their attempt to make Hungary the gateway to Europe for China. FIDESZ party members claim that talks have never been as successful [...]

Prince William aborted honeymoon due to Osama attack tip-off?

Unofficial sources claim that the newly wed Prince William and his wife kate Middleton had allegedly aborted plans for a honeymoon trip to Kenya due to being tipped off by US secret services that the Pentagon was planning to raid and liquidate US public enemy number one – Osama bin Laden. During the televised wedding [...]

Breaking news: Will historic killing of Bin Laden make world a safer place?

Wanted dead or alive… Osama Bin Laden has reportedly been killed by American special SEAL forces in Pakistan, in the early hours of Monday (May 1, 2011). His body was said to have been buried in an undisclosed location at sea in a quick-step funeral – allegedly with an Islamic funeral, so as to avoid [...]

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