“(AFX UK Focus) 2010-01-25 09:02 Yuan won't be global currency any time soon-studies (Interactive Investor)” plus 4 more |
- (AFX UK Focus) 2010-01-25 09:02 Yuan won't be global currency any time soon-studies (Interactive Investor)
- Bahrain Civil Aviation Affairs signs MoU with Gulf Centre for Aviation Studies (Mena Report)
- Yuan won't be global currency any time soon-studies (Reuters via Yahoo! Asia News)
- Lord Mayor of City of London to visit Qatar Faculty of Islamic Studies (The Peninsula)
- Barnard expands international visiting students program (Columbia Daily Spectator)
| Posted: 25 Jan 2010 01:29 AM PST BEIJING, Jan 25 (Reuters) - The yuan is unlikely to become a world currency in the forseeable future despite China's swift economic ascent, according to a pair of new studies. (Reporting by Zhou Xin and Alan Wheatley; Editing by Jacqueline Wong) ((xin.zhou@thomsonreuters.com; +8610 6627 1220; Reuters Messaging: xin.zhou.reuters.com@reuters.net)) Keywords: CHINA ECONOMY/YUAN (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)
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| Bahrain Civil Aviation Affairs signs MoU with Gulf Centre for Aviation Studies (Mena Report) Posted: 24 Jan 2010 05:53 AM PST
Building on the already close relationships and complementary growth that the Gulf Regions states have adopted, towards taking an increasingly global role in the aviation business, the MoU represents that spirit of co-operation and knowledge-share that will underpin any future success for the regions aviation industry. Established to provide the Gulf and Middle East region with a centre of excellence for aviation industry training, GCAS a subsidiary of Abu Dhabi Airports Company is a fully endorsed institution by the General Civil Aviation Authority of the United Arab Emirates (GCCA) and the International Civil Aviation Organisation (ICAO), it has also developed working relationships with world leading aviation training organisations. The aviation industry in the Middle East and the Gulf Region in particular is growing at an unprecedented rate. GCAS, therefore, will ensure that continuous training and development of specialised human resources are met, so as to provide structured growth for the aviation sector in the region. Ahmed Nemat Ali Abdul Rahim, Assistant Undersecretary for Aviation Services, Bahrain Civil Aviation Affairs, stated: Human resources are a critical element in the significant developments being realised across the aviation sector, in the region. This will enable the industry to grow and further serve the growing economies in the Gulf region. Thanks to the wise leadership of the government, we enjoy a close relationship and cooperation between our two countries in all areas, and in relation to civil aviation in particular.
2010 Mena Report (www.menareport.com) Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. | |
| Yuan won't be global currency any time soon-studies (Reuters via Yahoo! Asia News) Posted: 25 Jan 2010 12:47 AM PST BEIJING, Jan 25 - The yuan is unlikely to become a world currency in the forseeable future despite China's swift economic ascent, according to a pair of new studies. Beijing has been making efforts to raise the international profile of the currency <CNY=CFXS>. It has launched a pilot scheme to settle some cross-border trade in yuan and has signed yuan swap deals with half a dozen overseas central banks. But the two studies conclude that the yuan, also known as the renminbi , still has a long way to go before it becomes widely used beyond China's borders, even within Asia. "We have no experience, and China is not prepared in many respects to make the yuan an international currency," Li Ruogu, the head of Export-Import Bank of China, wrote in a new book. Li, a former central bank governor, said China, among other things, lacked developed financial markets and expertise. "We can't rush the internationalisation of the yuan. It has to be a natural process that takes place hand in hand with China's economic development," Li wrote in 'Reform of the International Monetary System and Internationalisation of the Renminbi'. In a separate research paper, Friedrich Wu, a professor at Nanyang Technological University of Singapore, said establishing an international role for the yuan depended on making the currency convertible on the capital account as well as deepening and opening China's capital markets. "It would be too optimistic to expect the RMB to become a global currency before 2025, as it would require a number of fundamental economic, financial, regulatory and political reforms to remake China into a global and responsible stakeholder," Wu said. "In the medium term, the RMB is only likely to evolve into a regional currency," Wu's paper, published in the journal 'China and World Economy', added. Li, the Ex-Im Bank head, said the yuan's international path would be "from nearby to the distant, from bilateral to multilateral, and from neighbouring countries to pan-Asia". In his book, Li added that the dollar would remain the dominant global currency. He said China had to keep buying U.S. treasuries, at least for now, to maintain the status and stability of the currency even though Beijing's long-term goal is to end the dollar's hegemony. (Reporting by Zhou Xin and Alan Wheatley; Editing by Jacqueline Wong) Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. | |
| Lord Mayor of City of London to visit Qatar Faculty of Islamic Studies (The Peninsula) Posted: 24 Jan 2010 03:44 PM PST
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| Barnard expands international visiting students program (Columbia Daily Spectator) Posted: 24 Jan 2010 10:02 PM PST Couldn't swing study abroad? The international experience may be closer than you think. Barnard has surpassed its goal of internationalizing its student body, as more students than ever are participating in its Visiting International Students Program. VISP, led by Assistant Provost and Dean for International Programs Hilary Link, is a program that allows students from partner universities around the world to study at Barnard during the spring semester of the academic year. The program intends to bring more international students to Barnard while156 Barnard students study abroad for the semester. Initially, five students—four from the University of Copenhagen in Denmark and one from Collegio Nuovo in Italy—participated in the program when it kicked off last spring. Now, 41 students, hailing from Italy, China, and Korea, among others, are spending the semester at Barnard. "We were approached with the idea of organizing the buddy system last semester, early on last semester based on a number of conversations we've had in previous years," Katie Pallilo, BC '10 and president of the Barnard Student Government Association, said. "One of the goals of SGA that we strive so hard to achieve is speaking to and representing the groups that aren't most vocal on campus or the traditionally underrepresented groups." Most participating students agreed that Barnard's location in New York City and its ties with Columbia were immediate factors that attracted them to the program. "[It's a] mix between living in New York and going to such a prestigious school and the Columbia environment," Michela Pagano, a first-year in the Master's Degree program at Collegio Nuovo, said. Students also found an intimacy on Barnard's campus that they say is lacking at their own universities. "We don't have this kind of campus life in Denmark," Tina Bihal, a student in her fifth year at the University of Copenhagen, said. "You can feel that there is a certain Barnard culture." "Here [at Barnard] it feels like everyone cares about you," Cecilia Trovati, a second-year in the Master's Degree program at Collegio Nuovo, said. "In general, students have to do everything on their own [in Italy]." "In Denmark, we don't pay for our studies so we don't get as much counseling," Iben Andersen, a student in her fifth year at the University of Copenhagen, said. "The atmosphere is more dynamic and stimulating and more challenging because courses require many skills and writing and speaking skills," Chiara Poselle Bonaventura, a student in her second year at Collegio Nuovo, said. "Everything in our country is based more on oral exams." But students also said that Barnard's course offerings were more diverse and allowed for more freedom in choosing courses. "Every course, students can choose whatever they want," Pang Lin, a junior at the China Foreign Affairs University, said. "In our school, some classes are mandatory." "We can't choose between thousands of courses [at Collegio Nuovo]," Bonaventura said. "I can't take ballet if I am studying political science." "I hear various languages like Danish, French, Spanish … other than English there are other languages I can learn," Young-ah Chae, a sophomore at the Underwood International College in Seoul, Korea, said. While students noted that the American education system is more open and diverse, some have found difficulties in navigating a new system. "It can be quite hard as a foreigner to understand what is going on and how the system works," Bihal said. She found psychology particularly difficult. At Barnard, the courses operate differently than she is used to, and there are a number of terms she doesn't know. Link said that the cost of attending Barnard for VISP participants varies according to the university the students are originally from. VISP students are all on the meal plan. "Our VISP agreements are complicated in that some involve direct payments from partners which vary, and some are even exchanges," she wrote in an e-mail. "Therefore, calculating the finances is not a simple matter of addition and subtraction." Ultimately, Palillo said, both the visiting international students and Barnard benefit from the VISP program. "Barnard definitely benefits from any kinds of diverse perspectives we have on campus, whether it is regionally or ethnically," she said. "We become more cognizant of life outside of the Barnard gates." madina.toure@columbiaspectator.com Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
The Bahrains Civil Aviation Affairs (BCAA) and the Gulf Centre for Aviation Studies (GCAS) signed a memorandum of understanding (MoU) on Saturday, January 23rd, at the Bahrain International Air Show one of the first steps in GCASs commitment to offering dedicated training services and facilities to the aviation industry across the Middle East region.
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