Posted by Tamas S. Kiss
Business, Latest News
Thursday, June 23rd, 2011
Who knows who and when new delegations are arriving to Hungary from China.
However based on the latest reports Chinese Premier Wen Jiabao is paying an official visit to the Goulash capital on a week-long trip and will allegedly discuss how it can relocate billions to Europe, in what markets have dubbed “support from Europe’s ailing economy.” The European Union had planned to see their group be the strongest economy of the world, by 2010, but corruption and political feuds had allegedly undermined these plans.
The Chinese have disclosed that they are sending thier premier President Hu Jintao to Budapest (as Hungary is still presiding the EU until July 1, 2011) from where he will also visit Berlin and London on a red-carpet visit (colour not connected to China’s communist regime). He is expected to sign all kinds of trade and cultural agreements but will certainly avoid any questions from the state media on human rights issues.
It is unclear exactly Wen will discuss what as Hu knows exactly what he wants. However China, with its foreign exchange reserve exceeding USD 3-trillion, is expected to buy up large sums of European debt and in return would receive a strong foothold in the EU.
Wen’s delegation is expected to pen some state and commercial deals with Hungary during the visit. Those staning in line to get a handshake and a pat on the back from the Chinese will include Hungarian President Pal Schmitt, Prime Minister Viktor Orban, German Chancellor Angela Merkel and British Prime Minister David Cameron.
Posted by Tamas S. Kiss
Latest News, World News
Sunday, June 12th, 2011
A priest, his wife and two accomplices were due to stand trial on Monday (June 13, 2011) at a court in South Africa, sources told Budapest Report. The priest and his accomplices have allegedly been charged with kidnapping, murdering and mutilating the body of a little girl for so-called “muti” harvesting purposes. The child’s remains [...]
Posted by Tamas S. Kiss
Latest News, South Africa
Sunday, June 12th, 2011
The Republic of South Africa on Sunday (June 12, 2011) announced the establishment of a brand new, African continental Free Trade Area (FTA). The country’s 69-year-old Zulu president Jacob Zuma told reporters that the new trading bloc would be the biggest ever from Cape-to-Cairo (a term first coined by British colonialist Cecil John Rhodes in [...]
Posted by Tamas S. Kiss
Latest News, South Africa, Top News
Thursday, June 9th, 2011
The rich have grown richer and the poorer are even more poor, according to an independent survey carried out by South African street vendors to review one year after the 2010 South African Football World Cup, to which FIFA had all rights of sales and merchandise. Mpho Tshabalala, a street Vendor in Johannesburg Central Business District (CBD) says he had had high hopes of making some real money and help secure a prosperous a future for his family, via the football spectacle.
Through a translator the 55-year-old Tswana man said, “I have helped my three kids through high school and now they all want to go to college, but I can’t afford it. Local council members promised that we will be able to make some real money during the football spectacle, but then withdrew their promises saying that FIFA has all the rights to sales in the vicinity of the stadiums and other football related merchandise.”
Posted by Tamas S. Kiss
Latest News, World News
Tuesday, June 7th, 2011
The Austrian Government this week confirmed its decision to deny Turkey any entry into the European Union membership, based on a recent interview with the Austrian Foreign Ministry in Vienna. Foreign Minister and Vice Chancellor Michael Spindelegger (see picture) said, “We consider a possible special partnership (with Turkey) and by no means do we support [...]
Posted by Tamas S. Kiss
Latest News, South Africa, Top News
Tuesday, June 7th, 2011
While the black government of South Africa is looking for a single insignia to unite all sports under one umbrella it is in fact causing a greater divide in the population, where Rugby players and supporters are allegedly boycotting the purchases of the overpriced (recomended retail price of ZAR 600!! -when the minimum monthly wage [...]
Posted by Tamas S. Kiss
Latest News, Politics, Top News
Sunday, June 5th, 2011
Hungary are said to be a strange nation. Allegedly three Hungarians can run in four different directions, but when injustice hurts their dignity they become tight-knit, perhaps now more than any other nation in the 21st Century, even digging up skeletons of their past. Magyars in Bratislava, Paris, Bucharest and Subotica on Saturday (June 4, [...]
Posted by Tamas S. Kiss
Latest News, World News
Sunday, June 5th, 2011
The Republic of South Africa mourns the passing away of Nontsikelelo Albertina Sisulu, better known as Mama Sisulu – and dubbed ‘the mother of the nation.’ One anti-Apartheid struggle veteran referred to her as, “Mama Sisuslu was globally just as widely respected as Nelson Mandela.” The widow of the fellow struggle fighter Walter Max Ulyate [...]
Posted by Tamas S. Kiss
Business, Latest News, Top News
Sunday, June 5th, 2011
Academy award rap singer Eminem has reportedly sued German-owned car maker Audi for unlawfully using his song ‘Lose Yourself’ in an advertisement campaign planned for their 2012 Audi A6 Avant. Eminem’s song was used in his movie titled ‘8 Mile.’ Ironically Audi claims that its video (referred to) was “not an advertisement.” However Eminem’s publishing [...]