Germany wants to release bank stress test results -report

June 17 (Reuters) – The German government wants to release the results of stress tests conducted on its banks, and is coordinating the action at a European level, a newspaper reported on Thursday.

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Citing unidentified government sources, Financial Times Deutschland said Berlin had sent signals to Europe and the Group of Seven nations that it “basically supports” transparency with regard to the tests. (Reporting by Brian Rohan)

Emirates may surpass $1 bln profit in 2010 – papers

June 8 (Reuters) – Dubai-based Emirates Airline expects to earn more than $1 billion in profit in 2010 and is close to finalizing a deal to sell its stake in Sri Lankan Airlines, according to a media report.

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Speaking on the sidelines of a conference in Berlin, the company’s president Tim Clark said the airline’s profits will surpass its 2009 earnings, which were just shy of $1 billion.

“We will exceed it. We are well ahead (of our forecasts) already,” Clark told reporters.

In May, the Dubai government-owned operator said it hoped to earn close to 4.5 billion dirhams ($1.16 billion) this year.

Clark added that the $55 million offer quoted from the Sri Lankan government for its stake is “not far off,” The National reported.

Clark said that Emirates Airline is hoping the Sri Lankan government will sign off on the deal by the end of the week.

(Reporting by Shaheen Pasha; Editing by Thomas Atkins)

German deficit cuts may be easier than expected-FinMin

June 2 (Reuters) – Germany’s net new borrowing this year will likely be less dramatic than expected, and reducing Berlin’s structural deficit by 2016 may be easier than thought, German Finance Minister Wolfgang Schaeuble said on Wednesday.

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The financial sector is not yet in the clear from effects of the financial crisis, however, and will require further government attention, he added. (Reporting by Sarah Marsh and Dave Graham)

Berlin welcomes Paris’ European rating agency idea

June 2 (Reuters) – Germany welcomes French proposals to establish a European ratings agency, Finance Minister Wolfgang Schaeuble said on Wednesday. (Reporting by Dave Graham and Brian Rohan)

To sleep at night, overcome stress during day

Berlin, May 29 (DPA) Dealing with mental stress during the daytime is one way to get a good night’s sleep as the body cannot switch itself into a relaxed mode at the push of a button, according to Professor Thomas Pollmaecher of the German Society of Psychiatry, Psychotherapy and Neurological Healing.

Workers should make sure they get enough breaks during the day and prevent their workload from getting too high.

A stressful job can mean taking that pressure home with you and sleeping badly at night. Pollmaecher recommends changing into fresh clothing after work. It can also help if you imagine a situation that marks a change such as closing a file or letting shutters down.

People who get sufficient exercise in the fresh air are also more likely to sleep well but it is not a good idea to be very physically active late at night as that overactivates the cardiovascular system.

Fatty or rich foods can also keep the body busy by being difficult to digest. If you experience difficulty sleeping over an extended period of time you should consult your doctor.

Semenya’s return delayed as meet is cancelled

South African world 800 metres champion Caster Semenya’s return to competitive athletics has been delayed as her comeback event in Zaragoza has been cancelled, her coach told Reuters on Wednesday.

The 19-year-old underwent gender verification tests after winning gold at the Berlin world championships last August and has not competed since.

Semenya’s coach Michael Seme told Reuters by telephone “the meet (on June 24) is off and we will make an announcement on Tuesday” about her next move.

Athletics South Africa (ASA) has made clear Semenya is not banned from competition but said she must wait for the results of her tests from the International Association of Athletics Federations (IAAF) which are not expected until June.

Her lawyers said in April that the tests proved she could run as a female.

(Reporting by Ken Borland; editing by Pritha Sarkar;

To query or comment on this story email sportsfeedback@thomsonreuters.com)

Scissor Sisters trash an entire album

London, May 8 (ANI): American pop band Scissor Sisters have revealed that they flushed a full-fledged album on which they had been working for 18 months.

Lead singer Jake Shears said that they scrapped the songs from their third album last summer and started from scratch, reports BBC.

“If it wasn”t something we could fully get behind and believe in, I think the band was going to be over,” Shears said.

“If we put out anything sub-standard it was curtains for Scissor Sisters,” he added.

“We worked on a record for about a year and a half but we shelved it. We shelved it about a year ago,” Shears said.

“I ended up moving to Berlin for a couple of months and we decided to start a new record from scratch, and we started it last June. So this record was written very quickly,” the 31-year-old singer added.

Referring to the collection of songs originally intended for the third album, Shears said: “In my heart I knew it wasn”t right, I didn”t really know what it was trying to say. It left me a little bit cold.” (ANI)

Bolt delights home fans with fourth-fastest 200m

Triple Olympic and world champion Usain Bolt ran the fourth-fastest 200 metres of all-time with a blistering 19.56 second sprint in front of his home fans at the Jamaica International Invitational on Saturday.

Only Bolt (twice) and former world record holder Michael Johnson have ever clocked faster times.

The Jamaican’s world record stands at 19.19 seconds, which he set at last year’s world championships in Berlin, and his latest effort was all the more impressive as it was run into a headwind of 0.8 metres per second.

American world bronze medallist Wallace Spearmon also dipped under 20 seconds, running 19.98 seconds to finish a distant second.

(Reporting by Horace Helps in Kingston; Editing by Gene Cherry and John O’Brien. To query or comment on this story email sportsfeedback@thomsonreuters.com)

German institutes see GDP +1.5 pct in 2010-sources

BERLIN, April 14 (Reuters) – Germany’s leading economic research institutes are forecasting the economy will grow by 1.5 percent in 2010, sources familiar with their upcoming spring report told Reuters on Wednesday.

In their last twice-yearly forecast in October, the think tanks had expected the economy to grow by 1.2 percent this year. They are due to present their new estimates on Thursday.

The institutes see the economy growing by 1.4 percent in 2011, the sources said. (Reporting by Klaus Lauer, writing by Brian Rohan and Sarah Marsh)

Greek rescue deal does not undermine euro – Juncker

BERLIN, April 12 (Reuters) – The euro zone’s rescue plan for debt-stricken Greece does not undermine the European single currency, Jean-Claude Juncker, chairman of the Eurogroup of finance ministers, said on Monday.

Asked by Deutschlandfunk German radio whether the 30 billion euro emergency aid mechanism breached the European Union treaty, thereby weakening the euro, Juncker said:

“My response is that this is not the case. We’re putting something together that will ensure the euro area does not fragment.”

Together with at least 10 billion euros expected from the International Monetary Fund in the first year, the aid package for Greece could add up to the biggest multilateral financial rescue ever attempted, if put into action. (Writing by Dave Graham; Editing by Tomasz Janowski)

UPDATE 1-Germany says Greece deal should help calm markets

BERLIN, April 11 (Reuters) – The German government welcomes an agreement by euro zone finance ministers on how to help debt-plagued Greece if needed, a government official told Reuters on Sunday.

The official, speaking on the condition of anonymity, said the agreement reached in a teleconference on Sunday should help calm financial markets so that Greece can focus on taking care of its “homework” on debt reduction without market distraction.

“It corresponds to what we wanted,” the German government official said. “The euro zone is capable of taking action.

“It should contribute to a calming of the markets so that Greece can take care of its homework in peace and quiet.”

He stressed that the euro zone finance ministers had merely made preparations for an emergency.

“The fire brigade is now ready for action and the water tanks are filled up,” he said.

“But it won’t leave the station until there’s a call for help. The chances are greater now that there won’t be a call for help. The house has been made fireproof now.”

Euro zone finance ministers unanimously approved a detailed 30 billion euros emergency aid mechanism for Greece but stressed it had not requested that the plan be activated now. (Reporting by Rene Wagner; writing by Erik Kirschbaum; Editing by Mike Nesbit)

Germany says Greece deal should help calm markets

BERLIN, April 11 (Reuters) – A euro zone finance ministers’ agreement on how to help Greece if needed corresponds with Germany’s position on Greece, a German government official told Reuters on Sunday.

The official said the agreement should help calm financial markets so that Greece can focus on taking care of its homework without distraction from markets. (Reporting by Rene Wagner; writing by Erik Kirschbaum)

Brit women arrested for trying to smuggle dead relative on plane

London, Apr 7 (ANI): Two Brit women tried to fool authorities by checking in a dead relative on to a plane at Liverpool John Lennon Airport, according to officials.

The pair put the corpse in a wheelchair and even placed sunglasses on him to try to fool staff.

But while trying to check the deceased man in, suspicious employees alerted the authorities and the women were arrested at the scene.

It is believed that the 91-year-old German national had died a day earlier, and the women were trying to smuggle his body back home.

“The airport staff at the check in were not happy with the situation,” the Sun quoted a source as saying.he women, 41 and 66, were questioned on suspicion of “failing to give notification of a death” and bailed.

The pair, from Oldham, Greater Manchester, managed to transport the body from their home to the airport by taxi.

It is said that the driver was left “upset and devastated” after being informed of the incident.

The duo was apparently attempting to smuggle the body back to avoid fees for repatriation, which could cost up to 3,000 pounds.

Merseyside Police confirmed the man was dead on arrival at the airport.

“We are investigating the circumstances surrounding the death of a 91-year-old German male passenger at JLA, due to fly out to Berlin on Saturday,” said a spokesman.

“Two people are helping police with their inquiries.

“We are still investigating the exact circumstances of the death, but don’t believe it is murder or manslaughter at this stage,” added the rep. (ANI)

Tas Athlete of the Year named

Tasmania’s top athletes have been announced at a glittering awards night in Hobart.

Cyclist Amy Cure, the 2009 World Junior Scratch Race Champion, is Tasmania’s Athlete of the Year.

Another cyclist, Belinda Goss, who won a bronze medal at the world championships in Poland, is the Female Athlete of the Year.

The Male Athlete of the Year is Tristan Thomas, in recognition of his bronze medal for Australia in the 4-by-400 metre relay at the World Championships in Berlin.

Greek moves vital for stability of euro-Schaeuble

BERLIN, March 3 (Reuters) – German Finance Minister Wolfgang Schaeuble said on Wednesday that austerity moves announced by Greece and their implementation were of major importance for the stability of euro.

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However, once they had been implemented, Greece would be able to refinance its debts on the capital markets, he said in a statement.

The Greek government’s moves showed its responsibility to Europe and common currency, he added.

Merkel to offer no aid to Greece at Friday meeting

BERLIN, March 3 (Reuters) – Germany will not offer any aid to Greece on Friday when Chancellor Angela Merkel meets Greek Prime Minister George Papandreou in Berlin, a German government spokesman said on Wednesday.

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He also said Germany welcomes Athens government moves on taking further austerity measures, but said Greece must implement them.
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German govt moves to improve investor protection

BERLIN, March 3 (Reuters) – The German government announced on Wednesday draft legislation that would increase protection for investors and help capital markets function more efficiently.

The ministry said the plans include a ban on uncovered short selling and would demand increased transparency. It also includes minimum holding periods for open property funds.

(Writing by Erik Kirschbaum and Madeline Kirschbaum)

A400M meeting to be held at end of week -source

BERLIN, March 1 (Reuters) – A meeting on the Airbus A400M military transport plane will be held at the end of this week, a negotiation source said on Monday.

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The meeting will be held at state secretary level, the source said. (Reporting by Sabine Siebold, writing by Brian Rohan; Editing by Jon Loades-Carter)

South African officials withhold findings of Caster Semenya’s gender test

London, Sep. 19 (ANI): Even before South African star athlete Caster Semenya’s gender was questioned at the World Championships in Berlin, Athletics South Africa (ASA) had found out and withheld the fact that she had internal testes, an e-mail exchange has revealed.

According to the e-mail exchanges published in the Mail and Guardian newspaper, ASA officials were aware of the findings of a Pretoria clinic that Semenya had internal testes and produced abnormal amounts of testosterone for a woman, Times Online reports.

It was ASA’s chief medical officer and team doctor, Harold Adams, who had suggested the need carrying out the tests on Semenya, 18, because of her deep voice, muscular body and facial hair, which later became a subject of controversy in Berlin.

Another email exchange shows that Adams later suggested that the results to be kept confidential while the South African team was in Berlin.

“Thinking about the current confidential matter, I would suggest we make the following decisions. 1. We get a gynae opinion and take it to Berlin. 2. We do nothing and I will handle these issues if they come up in Berlin,” the report quoted from Dr Adams’ email to ASA President Leonard Chuene and General Manager Molatelo Malehopo, as saying.

Following the IAAF establishing that Semenya was a hermaphrodite, South African officials not only angrily denounced it, but also denied carrying out their own tests.

Taking matters a step further, South African Sports Minister Makhenkesi Stofile lost his temper at a press conference and threatened to start a “third world war” if Semenya was banned from international competition because of her gender.

Earlier, Semenya’s ex-coach Wilfred Daniels had said the ASA had duped Semenya into thinking the gender test carried out on her were routine drug tests. (ANI)

Spanking found to have negative effects on low-income toddlers

Washington, September 16 (ANI): Spanking negatively affects the behaviour of toddlers in low-income families, according to a new study.

Published in the journal Child Development, the longitudinal study looked at how low-income parents discipline their young children.

It showed that spanking 1-year-olds leads to more aggressive behaviours and less sophisticated cognitive development in the next two years.

Verbal punishment, however, was not found to be associated with such effects, especially when it was accompanied by emotional support from mothers.

Besides, 1-year-olds’ fussiness predicted spanking and verbal punishment at ages 1, 2, and 3.

The study explored whether mothers’ behaviours lead to problematic behaviour in children, whether children’s challenging behaviours elicit harsher discipline, or both.

It looked at more than 2,500 exclusively low-income White, African American, and Mexican-American mothers and their young children, interviewing and observing them at home when the children were 1, 2, and 3 years old.

All participants’ family incomes were at or below the federal poverty level.

Using their own interpretations of spanking, mothers reported how often anyone in the home had spanked their children in the past week.

The study also looked at how often mothers verbally punished-scolded, yelled, or made negative comments-their children.

It showed that African American children were spanked and verbally punished significantly more than the other children in the study.

The authors speculated that that might be due to cultural factors, such as belief in the importance of children’s respect for elders and in the value of physical discipline to instil that respect.

Moreover, some African American mothers said that in preparing their children for a harsh, physically dangerous, and racially discriminating world, there was little room for error in their childrearing.

The study also shed light on information about the effects of such types of discipline.

“Our findings clearly indicate that spanking affects children’s development,” said Lisa J. Berlin, research scientist at the Center for Child and Family Policy at Duke University and the study’s lead author.

Specifically, children who were spanked more often at 1 behaved more aggressively when they were 2, and had lower scores on tests measuring thinking skills when they were 3.

Similar findings were made even after taking into consideration such family characteristics as mothers’ race and ethnicity, age, and education; family income and structure; and the children’s gender.

The study also found that children who were more aggressive at age 2, and had lower cognitive development scores at ages 1 and 2, were not spanked more at ages 2 and 3.

“So the mothers’ behaviours look more influential than the children’s,” said Berlin.

Unlike spanking, however, verbal punishment alone didn’t affect either children’s aggression or their cognitive development.

Interestingly, when verbal punishment was accompanied by emotional support from moms, the children did better on the tests of cognitive ability. (ANI)