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Monday, February 24, 2014

Liverpool edge Swansea thriller, Spurs undone

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http://www.uefa.com/memberassociations/association=eng/news/newsid=2059941.html

Daniel Sturridge and Jordan Henderson both scored twice as Liverpool FC came out on top in a seven-goal thriller at home against Swansea City AFC.

Brendan Rodgers' outfit got off to an explosive start at Anfield, Sturridge rounding goalkeeper Michel Vorm to seize a third-minute lead and Henderson adding a top-corner curler on the 20-minute mark.

Only four teams have kept fewer clean sheets than Liverpool, however, and Swansea responded in fine fashion, with ex-Reds midfielder Jonjo Shelvey crashing a stunning effort in off the crossbar and Wilfried Bony levelling the scores.

Sturridge and Bony traded goals either side of half-time in an entertaining affair before Henderson followed up a Vorm parry to earn his side the spoils and consolidate Liverpool in fourth spot, four points shy of leaders Chelsea FC.

The Merseysiders have now surpassed Manchester City FC as the Premier League's top scorers, boasting a tally of 70 goals.

Tottenham Hotspur FC lie six points further back in fifth after slipping to a 1-0 reverse at Norwich City FC. Robert Snodgrass's bottom-corner curler settled the encounter shortly after the interval to lift the hosts to 14th and dent Spurs' top-four aspirations.

Meanwhile, Newcastle United FC celebrated a first win in five matches by dispatching Aston Villa FC 1-0 at St James' Park. Loïc Rémy ended the Magpies' seven-and-a-half-hour goal drought in added time to seal victory.

Grenade kills two more in Bangkok, one day after five-year-old girl was sprayed with bullets

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http://www.channelnewsasia.com/news/asiapacific/grenade-kills-two-in/1010140.html?cid=TWTCNA&utm_source=dlvr.it&utm_medium=twitter

A woman and a child were killed in a grenade attack Sunday in a main Bangkok shopping district, as fears over violence mount after nearly four months of political crisis.

The Sunday afternoon attack came a day after a young girl died and dozens were hurt in a drive-by shooting at a protest rally in eastern Thailand.

The explosion occurred during an anti-government rally in an area popular with tourists for its street stalls, hotels and proximity to one of the biggest shopping malls in Thailand's capital.

"A 40-year-old woman and a 12-year-old boy died and 22 people were injured," the Erawan emergency centre said in an update on its website. Two children were among the injured.

A damaged tuk-tuk was left abandoned on the blood-splattered road as soldiers and police sealed off the area.

Police said shrapnel fragments indicated the blast was caused by a grenade fired from a M79 launcher.

The kingdom has been bitterly split since a military coup ousted Yingluck's brother Thaksin Shinawatra as prime minister in 2006.

The current unrest is the worst since Thaksin-allied Red Shirt protests against a Democrat-led government in 2010 sparked clashes and a bloody military crackdown that left more than 90 people dead.

On Saturday, a five-year-old girl died and 30 were injured when gunmen sprayed bullets at a anti-government rally in the Khao Saming district of Trat province, 300 kilometres (185 miles) east of the capital.

In recent months, 19 people have died and hundreds more have been injured, fuelling fears of a spiral of unrest.

Ukraine ushers in new era as president flees

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http://www.channelnewsasia.com/news/world/ukraine-ushers-in-new-era/1010086.html?cid=TWTCNA&utm_source=dlvr.it&utm_medium=twitter

A new era dawned in Ukraine on Sunday when parliament appointed a pro-Western interim leader after impeaching a defiant president Viktor Yanukovych, whose whereabouts remain a mystery following a week of carnage.

The ex-Soviet state's bloody three-month crisis culminated in a dizzying flurry of historic changes over the weekend that saw parliament oust the pro-Russian Yanukovych and call a presidential election for May 25.

Lawmakers then went a step further by approving the release from her seven-year jail sentence of former prime minister Yulia Tymoshenko -- a star of the 2004 Orange Revolution who was thrown behind bars less than a year after Yanukovych came to power in 2010.

The city's police presence vanished and protesters took control of everything from traffic management to protection of government buildings after a week of bloodshed that claimed nearly 100 lives.

Lawmakers voted on Sunday to name close Tymoshenko ally Oleksandr Turchynov as interim president with the task of forming a new government by Tuesday.

Meanwhile, new interior minister Arsen Aviakov announced the launch of a probe into police involvement in the "execution" of protesters in a week of carnage that turned the heart of Kiev into a war zone.

Yanukovych was dealt another embarrassing blow when his own Regions Party issued a statement condemning him for issuing "criminal orders" that led to so many deaths.

"We condemn Yanukovych's cowardice and decision to flee," the Regions Party said in a statement. "We condemn treason."

Parliament also voted to dimiss Ukraine's Foreign Minister Leonid Kozhara after sacking the federal police chief and prosecutor general on Saturday

Yanukovych's marble-lined mansion outside Kiev, with its vast car collection and golden toilet fixtures was open for public viewing on Saturday. It has been handed over to the state.

Euro 2016 qualifiers: England avoid big guns

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http://www.tnp.sg/content/euro-2016-qualifiers-nice-draw-england

England manager Roy Hodgson will meet his former team Switzerland in Group E of the 2016 European Championship qualfying campaign.

Hodgson enjoyed great success with the Swiss, leading them to the knockout stages of the 1994 World Cup. He would have enjoyed this draw in Nice, France, yesterday almost as much.

The English were treated to a group without serious rivals and bereft of banana skins. Even they can’t mess this one up. Slovenia represent the only possible problem.

England had to work hard to beat them in the group stages of the 2010 World Cup and they performed reasonably well in qualifying for next year’s tournament, finishing third behind Iceland and Switzerland.

But, given that teams of the quality of Turkey, Poland and Serbia were in the third pot, it’s fair to say that Hodgson can be very pleased with himself.

Estonia, Lithuania and San Marino, the other nations in Group E, will present no significant difficulties. Unless something extraordinary happens, this group will offer few surprises.

The same could not be said elsewhere. Scotland, resurgent under Gordon Strachan’s management, found themselves drawn into a hellish pool with Germany, Poland and the Republic of Ireland.

EURO 2016 QUALIFYING GROUPS

GROUP A
- Holland, Czech Rep, Turkey, Latvia, Iceland, Kazakhstan

GROUP B
- Bosnia, Belgium, Israel, Wales, Cyprus, Andorra

GROUP C
- Spain, Ukraine, Slovakia, Belarus, Macedonia, Luxembourg

GROUP D
- Germany, Ireland, Poland, Scotland, Georgia, Gibraltar

GROUP E
- England, Switzerland, Slovenia, Estonia, Lithuania, San Marino

GROUP F
- Greece, Hungary, Romania, Finland, Northern Ireland, Faroe Islands

GROUP G
- Russia, Sweden, Austria, Montenegro, Moldova, Liechtenstein

GROUP H
- Italy, Croatia, Norway, Bulgaria, Azerbaijan, Malta

GROUP I**
- Portugal, Denmark, Serbia, Armenia, Albania

* Top two teams from each group and the best 3rd-placed team qualify automatically for the Finals. Other eight 3rd-placed teams will contest for remaining four Finals slots.

** France qualify as hosts but will play friendlies against Group I teams.

*** Qualifying period: Sept 7, 2014 — Oct 13, 2015

Detroit police feel pain of city's financial collapse

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http://www.policeone.com/patrol-issues/articles/6896431-Detroit-police-feel-pain-of-citys-financial-collapse/?utm_source=twitterfeed&utm_medium=twitter

Baron Coleman thought he'd heard it all in his 17 years patrolling the streets of Detroit (Michigan). But then came the city's bankruptcy, a 10 percent cut in police salaries, followed by support from a most unlikely corner — the bad guys.

"We were arresting guys ... and they were like, 'I can't believe your city would do you like this.' ...

I say, 'Thanks for caring.'"

It has now come to this.

Detroit police officers have long known adversity: They've worked in crumbling station houses with busted pipes, driven run-down cars, tangled with balky radios. They've navigated darkened streets — Detroit has thousands of broken street lights — chasing criminals, breaking up fights, encountering drug dealers who may be carrying AK-47s or wearing their own bulletproof vests.

As Detroit tries to rebound — a plan to emerge from bankruptcy was filed Friday — few groups, if any, have been feeling the pain of the city's financial collapse more than the police. Despite some recent positive changes — a new chief, new cruisers, new plans — there's worry, frustration and anger among the rank and file.

Paychecks have shrunk. Morale is low. Co-workers have fled to more lucrative jobs. And those who remain face a formidable task: trying to protect a sprawling, often violent city where hidden dangers lurk among tens of thousands of abandoned houses.

The plan by Detroit's emergency financial manager to pull the city out of bankruptcy would give police and fire retirees at least 90 percent of their pensions after eliminating cost-of-living allowances (other city workers would likely get at least 70 percent). But that plan probably faces court challenges and hinges on proposed state funding, among other factors.

While so many unresolved issues linger, the department is under new leadership. James Craig knew all about the department's troubles, but the former Detroit police officer who spent much of his 37-year law enforcement career in Los Angeles eagerly returned home last summer to take what he called his "dream job" — chief of police.

He is the fifth man to hold the position in five years. But he is undaunted.

In a report last month, Craig announced a sweeping reorganization and vowed to reform a police department he said had been woefully mismanaged and had "lost the confidence of the public, lost the confidence of its own officers and lost its way ...".

Some changes that Craig introduced since he came on board are as follows:

— A 50-minute response time to 911 calls has been reduced to eight minutes for priority calls

— Twelve-hour shifts and "virtual' police precincts, stations that closed at 4 p.m. have been scuttled.

— Bulletproof vests that were no longer effective have been replaced

— Last summer, the business community donated about $8 million for a new fleet of 100 police cruisers along with ambulances, to replace those with nearly 200,000 miles on their odometers

Craig says when he took over, he had three goals: reduce violence, improve morale and restore credibility. The department, he says, is now on the mend and more accountable. "The people here deserve better," he says, "and they're getting better."

Over seven months, Craig has been a high-profile presence, holding news conferences, appearing on radio and TV. He recently made headlines when he declared more armed citizens — law-abiding ones, of course __ could help make Detroit safer. He says he learned that lesson as chief in Portland, Maine. (He also headed the department in Cincinnati.)

Craig also has led a series of large-scale raids in crime-ravaged neighborhoods. News crews have been at his heels, chronicling his every comment, whether it's describing a raid as a "party" (meaning law-abiding citizens can celebrate) or publicly apologizing that the crackdowns didn't come sooner.

Many residents have cheered the raids. That's no surprise. But something else is: A few of those arrested have actually offered thanks.

"They understand it's time for someone to come in and put an end to this. There's no secret," says Elvin Barren, commander of the organized crime division. After a raid one handcuffed suspect, talking with a TV reporter, endorsed the work of Craig and his department: "Keep up the good work," he declared. "Keep my family safe."

Scott Barrick, the union official, says he hears from officers daily. Veterans ask if they should quit now in case things get worse; younger police wonder if it's time to jump ship. He says it's hard to make decisions with so much unknown. He expects a turnaround, but the big question is when.

"I do believe things are going to get better," he says, "but do you want to stay around and wait to see it?"

Tata-Singapore Airlines seeks catchy brand name for venture

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http://www.livemint.com/Companies/fCSay3PEAGPwWT8jSpyZyM/TataSingapore-Airlines-seeks-catchy-brand-name-for-venture.html

Tata Sons Ltd and Singapore Airlines Ltd’s (SIA) joint venture has asked advertising agencies to create a catchy new brand name that will reflect the freshness of the proposed full-service airline instead of using the established and trusted Tata or Singapore Airlines brands.

The proposed airline, which is awaiting final clearances from the government, has approached two advertising agencies to suggest a new brand name ahead of its launch, according to two people close to the development who declined to be named.

Spokespersons for Tata Sons and Singapore Airlines declined to comment on the development.

The new name will not bear the names of the two partners, but will reflect freshness and connect to Indian flyers.

“An established family name like Tata, trusted since 1868, may have greater cache. Singapore, a brand name that connotes quality, may have greater resonance. The third alternative could be a brand name that connotes a philosophy and is backed by the established names, for example, Tanishq or Titan,” said Kiran Khalap, co-founder of Chlorophyll Brand and Communications Consultancy Pvt. Ltd.

Citigroup Downplays Property Bubble in Singapore

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http://www.bloomberg.com/news/2014-02-23/citigroup-downplays-property-bubble-in-singapore-southeast-asia.html


Citigroup Inc. said it’s “encouraging” that Singapore’s household debt tied to the real estate market is only a fraction of property values, downplaying concerns of a bubble.

Singapore’s S$203 billion ($160 billion) of mortgages amounted to 24.2 percent of the value of residential properties in the third quarter, according to Citigroup’s analysis of government data.

The lender, the biggest employer among foreign banks on the island with 10,000 employees, offers housing and car loans as well as credit cards and other banking services.

Singapore’s fourth-quarter home prices slid 0.9 percent, falling for the first time in almost two years as the government introduced more taxes and restrictions to widen a campaign that began in 2009 to curb speculation.

The central bank said last month that new residential loans have declined and household balance sheets are strong, following a Forbes article that said the city is headed for an “Iceland-style meltdown.”

Concerns of a property bubble in Singapore came after Singapore’s home prices rose in the past five years to a record amid low interest rates. Residential values jumped 61 percent since mid-2009, when they were at their lowest in 2 1/2 years following the 2008 global financial crisis.

Asian currencies continue downward path

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http://www.businesstimes.com.sg/premium/singapore-markets/others/will-2014-see-end-regional-currency-woes-20140224

Since the middle of last year, Asian currencies have been on a downward path, with emerging market nations, namely India, Indonesia, Malaysia, the Philippines and Thailand, unable to solve their domestic problems which include persistently high inflation, large current account deficits and political governance issues.

Investors would be concerned about increasing capital outflows from these markets if the Fed's quantitative easing (QE) tapering picks up pace this year, leading to higher interest rates in the US and investors discarding risky emerging market assets in favour of safe havens.

The currencies' poor performance in 2013 saw Indonesia's rupiah depreciating the most, 26.3 per cent weaker by year-end, relative to the greenback.

The Indian rupee fell 12.9 per cent, amid a very volatile Q3 last year when the currency collapsed 26.4 per cent against the US dollar at one stage.

Malaysia's ringgit dropped 7.3 per cent, while Thailand's baht and the Philippine peso also fell 6.9 per cent and 8.0 per cent respectively.

So, will 2014 mark the end of regional currency woes?