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Williams seeking payments from Icelandic bank

11 hours ago ago from formula one racing update

The Williams team is demanding £10m in unpaid sponsorship from collapsed Icelandic bank Glitnir, according to The Daily Telegraph . The claim by the Grove team follows a promise made by the bank last year, which stated that the money would be transferred after Hamleys owned Baugur failed to convey funds. With famous London top shop and former Williams sponsor Hamleys under ownership of Iceland's Baugur retail group, bank Glitnir made a ...

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Slap to India – Kashmir is not Indian territory: World Bank

4 hours ago ago from NaumanRK's Blog

—Says ‘NO’ to release funds to India for project in disputed region NEW DELHI, India—The World Bank has refused to accept Indian Occupied Kashmir as an integral part of India and has rather insisted upon a disclaimer from the Jammu and Kashmir government that funding for a project will not be seen as recognition of India’s territorial claim on the state. The agency has put a ‘disclaimer clause’ for bankrolling a key project in the ...

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Hedge Funds Discuss Merger of Icelandic Banks

23 hours ago ago from Wicelandic Post

Hedge funds which will be among the largest owners of the Icelandic Arion Bank (formerly Kaupthing) and Íslandsbanki (formerly Glitnir) are allegedly having informal discussions on merging the two banks.

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Announces Emerging New World Order

9 hours ago ago from Euro-med

Sun 5 Apr 2009 Posted by Anders under English , Euromed > The Mail 3 April, 2009 : The true story is that Gordon Brown seems to have corralled fellow leaders into perpetrating a gigantic collective fraud on world public opinion. On April 2 the G20 summit in London gathered the finance ministers and central bankers of 20 countries, including the seven major industrialised nations. The EU was represented by the Czech Republic. ...

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Bank includes Kashmir clause

8 hours ago ago from Think India Research Foundation

The World Bank has joined China in refusing to accept India’s territorial claim on Jammu and Kashmir. The multilateral funding agency has sought a disclaimer from the state government that financing a Rs 740-crore “Participatory Watershed Management Project” will not be seen as “recognition of India’s territorial claim on the state”. The demand follows China’s decision to issue stapled — and not stamped — visas to Kashmiris visiting ...

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