- Govt projects 2012 growth at 6.5-6.9 pct
- Jakarta bizmen to participate in muslim product exhibition
- Palm oil price still high in 2011 although fluctuating
- Batam designated as ASEAN batik trade center
Denpasar, Bali (ANTARA News) - Vice President Boediono in his address opening the fifth International Financial Reporting Standards (IFRS) Regional Policy Forum here on Monday, called for the implementation of international accounting standards in Indonesia.
|Vice President Boediono.|
(ANTARA/Widodo S. Jusuf)
|Bank Indonesia, seen in this file photo, is one of the|
many Indonesian banks which have found themselves
in a favorable position following new banking
regulations known as Basel III requirements.
(Bloomberg Photo/Dimas Ardian)
cbc.ca, CBC News, Saturday, May 8, 2010 | 10:53 AM ET
Ethiopia and Malawi welcome as first-time attendees: Harper
Prime Minister Stephen Harper has announced that Canada has extended invitations to the leaders of Ethiopia, Malawi, the Netherlands, Spain and Vietnam to attend the G20 summit in Toronto next month.
It's common for countries that are not members of the Group of 20 to be invited to the meetings, but these are the first invitations for Ethiopia and Malawi.
The Netherlands and Spain are frequent attendees, although they are not G20 countries, but instead are represented by the European Union.
Malawi is current head of the African Union, while Vietnam is head of the Association of Southeast Asian Nations.
Harper's office announced the new invitees after the prime minister arrived in Berlin to mark the 65th anniversary of Germany’s surrender to Allied forces, ending the Second World War. Germany was Harper's final stop in a four-nation, five-day European tour.
The G20 includes the EU and 19 countries — Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Republic of Korea, Turkey, United Kingdom and United States of America.
G20 economies together account for 90 per cent of global output, 80 per cent of world trade and two-thirds of the world's population.
The G20 summit is being held June 26-27 at the Metro Toronto Convention Centre. It's being held in conjunction with the G8 summit in Huntsville, Ont., June 25-26.
The Prime Minister's Office said officials will be working to ensure recovery of the global economy and restore jobs around the world.
Security was tight as Wen Qiang arrived for sentencing
A former senior police officer in China has been sentenced to death for corruption and rape.
Wen Qiang was charged with accepting vast sums of money from criminal gangs in the southern city of Chongqing in exchange for protection from the law.
He was also found guilty of rape and failing to account for his assets, says state news agency Xinhua.
Wen is the most senior official to be charged under a major corruption probe in the city.
His wife, Zhou Xiaoya, was tried at the same time and sentenced to eight years in jail for taking bribes, the Chongqing News newspaper reported.
Three other senior Chongqing police officials received sentences ranging from six months to 20 years, reports said.
Wen was convicted of taking more than 16m yuan ($2.3m; £1.5m) in bribes to turn a blind eye to crime.
Xie Caiping was known as the Godmother of Chongqing
He also was found guilty of raping a university student in 2007 and 2008, Chongqing News reported.
The case has attracted huge media attention across China.
The investigation began last summer and more than 780 people have been prosecuted.
Wen's sister-in-law, Xie Caiping - described as the Godmother of Chongqing - was jailed for 18 years last November for crimes including running gambling dens and protecting drug users.
She was reported to have earned more than 2m yuan ($292,000; £179,000) from crime.