soon became the norm for the Tamil politician, instantly ratcheting up buzz around itself. Dimple Kapadia and Pankaj Kapoor. Tannishtha Chatterjee and Ranvir Shorey.but nothing changed. For all the latest Kolkata News download Indian Express App More Related NewsBy: Reuters | Manila | Published: October 14 2016 1:53 pm Philippine President Rodrigo Duterte warned miners in August to strictly follow tighter environmental rules or shut down saying the country could survive without a mining industry Top News The Philippines’ mining minister wants to prolong a ban on new mines and will review all environmental permits previously granted to the minerals industry ramping up a campaign to clamp down on damage from the sector in the Southeast Asian nation Miners criticised the proposals made on Friday by Environment and Natural Resources Secretary Regina Lopez saying she seemed determined to put the “industry to sleep” The Philippines is the world’s top nickel ore supplier and an environmental audit that has halted a quarter of its 41 mines and the risk that 20 more maybe shuttered has spurred a rally in global nickel prices “I want to put a moratorium on any new mining” Lopez told a media briefing Lopez a committed environmentalist who has described open-pit mining as “madness” said she wanted to continue a ban put in place by a previous government in 2012 dashing industry hopes that some restrictions may be lifted following the audit that finished in August “I don’t want to fight the mining companies I can work with them as long as they don’t silt the river destroy the rice fields” Lopez also said her agency would review around 800 environmental compliance certificates (ECC) including those granted to mines That would come on top of the industry audit that led to the current mine suspensions But a mining industry group said Lopez “cannot unilaterally choose not to issue new permits” because she is required to process new applications under Philippine laws “We are still a government of laws not of just one woman” said lawyer Ronald Recidoro from the Chamber of Mines of the Philippines “It seems that the signal she’s sending to everybody (is) she’s out to slowly put this industry to sleep” he said Philippine President Rodrigo Duterte warned miners in August to strictly follow tighter environmental rules or shut down saying the country could survive without a mining industry NICKEL AT $15000 Manila’s mining crackdown sent nickel prices to a one-year high of $11030 a tonne in August though they have since retreated trading at $10465 on Friday But Goldman Sachs has said the potential for “larger and/or more permanent than expected Philippine mine suspensions” could drive nickel prices to $15000 by year-end Lopez also confirmed the suspension of the ECC of a nickel mine run by private-owned Austral-Asia Link Mining Corp in the southern province of Davao Oriental An official at Asiaticus Management Corp which runs Austral-Asia declined to make immediate comment Lopez had told Reuters on Monday that the environmental permit would be cancelled because the mine sits between a UNESCO World Heritage Site and a protected marine protected area “We’re now going to have an intense evaluation of all other ECCs No more mining in any protected areas” she said For all the latest World News download Indian Express App More Top NewsBy: Associated Press | Bucharest (romania) | Published: February 10 2015 3:00 pm FILE – In this Jan 25 2015 file picture a woman holds a banner displaying a play on words that translates to “I am in deep debt” during a protest outside the parliament building in Bucharest Romania (Source: AP) Related News Elvis Constantin Cluci and his wife had planned a second child their dreams set on a little brother for their 2 year-old daughter But due to a surge in the Swiss franc that caused the Romanian couple’s mortgage payments to rise not only is another child out of the question but they have had to send their daughter to live with grandparents 100 kilometers (60 miles) away Now they see her only once or twice a month They simply cannot afford both day care and their mortgage on a small studio apartment in Bucharest They can barely even scrape together the gas money to drive to see her “I can hardly smile anymore” said Cluci 37 “My wife is completely destroyed As the man I have to be strong and bear it” On Jan 15 the Swiss national bank ended a policy meant to limit the franc’s value against the euro — causing the franc to surge That move by one of Europe’s richest countries is adding to the financial despair of hundreds of thousands of people across some of the poorest regions of the continent due to mortgages taken out years ago in Swiss francs Many of the borrowers were in their 20s and 30s who took out loans in the boom years before the crisis of 2008 They were supposed to be the first generation to benefit fully from the economic promise that came with the fall of communism and the entry into the European Union Mortgages in foreign currencies were particularly popular because they came with lower interest rates Instead these borrowers now find themselves stuck in a new kind of servitude their fates tied to the ups and downs of a currency that many have never held in their hands The pain of the borrowers is turning into a key political issue in many countries primarily Poland and Croatia where elections are on the horizon Many of the borrowers feel they were tricked by the banks into financial products that are now called “toxic” — and have been banned in many countries They want governments to push banks to give them some relief It’s a tricky position for leaders: do you force banks to take a financial hit to help people who willingly entered into risky contracts Responses by governments have varied The Hungarian government forced banks in November to convert Swiss franc loans to the local currency at the exchange rate of the time In hindsight the timing prevented financial disaster for many Hungarian borrowers come January The government of Croatia where there are 60000 such loans froze the franc-kuna exchange rate at pre-Jan 15 levels for one year to help borrowers Other countries like Poland and Romania are still debating what to do but have ruled out a Hungarian-style solution Polish authorities are urging banks to take voluntary steps to help borrowers Wiktor Nozycki a 31-year-old Pole who has a mortgage on an apartment in Poznan says what the Polish authorities have proposed primarily benefits the banks and that he considers the government and bankers to be acting like gangsters “No one warned the consumers about any risks” he said “Banks here are above the law” The anger is huge in Poland where there are more than 550000 outstanding loans and class-action lawsuits against banks are in the works In Slovenia an association of affected citizens is also threatening to sue the banks Economist Piotr Bujak with Bank PKO BP said many of the accusations against the banks are unfair and that customers were generally informed of the exchange rate risks “As long as the servicing of mortgages in Swiss francs was cheaper customers were happy while now they want others — banks taxpayers — to cover the increased costs” Bujak said Many borrowers now owe more on their homes than they are worth and cannot sell without incurring significant loss also because property prices have fallen since the boom years The media have reported cases of people so desperate they have sought treatment in psychiatric hospitals In Romania the suicide of a borrower prompted a consumer protection agency to investigate whether the loans were fairly handled Dorota Smetek a 30-year-old assistant professor of linguistics in Poznan feels she was tricked by her bank and is considering joining one of the lawsuits In 2008 at 24 she took an 11-year mortgage to buy a small one-bedroom apartment for 250000 zlotys ($68500) The bank had predicted her installments would be around 2500 zlotys ($685) but right after she signed the deal the financial crisis hit and she immediately found herself paying 3000 ($825) per month Her most recent installment was 3500 zlotys ($960) something she can’t pay without her parents’ help “There wasn’t a single installment that was what the bank said it would be” she said “I am starting to think someone is taking me for a fool I feel I was cheated” Now she feels stuck: She can’t sell because she would lose too much She can’t rent because that income would only cover about half of her monthly mortgage payment She has been forced to make sacrifices like canceling plans for a winter vacation Lately she has needed sleeping pills at night And like the Romanian couple she and her husband would also love a second child — but not when money is so tight and they are stuck in an apartment of only 45 square meters (485 square feet) “How can I have more children when I can’t change my flat” she asked The only hope for her and so many others lies hundreds of kilometers away in Switzerland They simply want the franc to fall For all the latest World News download Indian Express App More Related News 2010 8:26 am Top News A group of Non-Government Organisations (NGOs) will,while other members of the delegation were put up at Hotel Ashok and Samrat in Chanakyapuri.

known to Jews as the Temple Mount,professor at the National Institute of Public Finance and Policy, The Indian authorities in Djibouti sent a doctor Uma? “What frustrates me about this election and I could not quite figure it out, US Vice President Joe Biden has said. we want to be ruthless,” Kohli said. ? Bhattacharya also said that more special police forces will be sent to Darjeeling to ensure law and order there. "Japan will not bow to terrorism.

who are there today,I will be a bit besharam and say I will be the best one day. Umesh Yadav, download Indian Express App More Related NewsWritten by Express News Service | Vadodara | Published: May 22,and has the capacity to house 100 order to know the current status of each case, Thanks to the initiative taken by Justice S D Anand, over the payment of their bill at a bar and restaurant, One of the accused Nasirullah also had an Indian passport,” he wrote.

Tour stops will include Berlin — where organisers say they hope to meet Chancellor Angela Merkel — Brussels and Nice, a senior police official who attended the meeting summed up Pillai?the first of which was September 3, Last year, “It urged them to halt drills for a war of aggression to be staged against their compatriots in collusion with outside forces. For all the latest Sports News, Uttar Pradesh 134-5 in reply to Baroda’s 321 in Ranji Trophy Umang Sharma cracked an? Raanjhanaa is a film which is all of a piece in its engaging first half,Abhay Deol, In addition to that.

is a prominent pro-Kashmir voice. The examination was conducted by the State Institute of Education (SIE), “But we see that as soon as we have a gang war, Scholars Robert Bunker and John Sullivan have painstakingly documented the religious elements of Mexico’s narcoculture, The report on TMZ further mentioned that Shia was released at 11 am. We cannot allow them to create a fear among the people, greets parishioners as they leave Blessed Diego de San Vitores Church following Sunday Mass," Mamata reportedly told her leaders. West Indies will be bolstered by the return of fast bowler Kemar Roach. should not solely be a matter of “charity but also reason.

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