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Tag: suspension

China condemns Germany’s Hong Kong extradition suspension

China condemns Germany’s Hong Kong extradition suspension

World
China has condemned Germany’s decision to suspend its extradition agreement with Hong Kong and accused Berlin of a “serious breach of international law.”ByThe Associated PressAugust 1, 2020, 8:49 AM2 min readBERLIN -- China has condemned Germany's decision to suspend its extradition agreement with Hong Kong, accusing Berlin of a “serious breach of international law.” Germany's foreign minister announced the suspension Friday following the disqualification of 12 pro-democracy candidates from legislative elections and a subsequent decision to postpone the elections. Hong Kong leader Carrie Lam cited a worsening coronavirus outbreak in the semi-autonomous Chinese territory in postponing the vote. The Chinese Embassy in Berlin expressed “strong indignation and firm opposition to the wrong rem
Complete IBC suspension for defaults may hurt creditors

Complete IBC suspension for defaults may hurt creditors

Finance
The government's ordinance giving a perpetual holiday from the Insolvency and Bankruptcy Code (IBC) for defaults between March and September has left banks and investors in a lurch as it leaves them with only recovery options which have proven to be ineffective. Lawyers say that a complete suspension of IBC cases for defaults occuring during the six month period is regressive and takes away the fear of default from promoters. Particularly hit will be investors in market intruments like bonds, external commercial borrowings (ECBs) and trade credits which have recourse only to the delay prone ebt recovery tribunals (DRTs). Moreover, the illconceived ordinance could put India back on eyes of international investors who bet on legal frameworks for recoveries and hit fund raising through bond s...
Woodford fund goes into second month of suspension

Woodford fund goes into second month of suspension

Business
By Wale Azeez, business reporter Fund manager Neil Woodford will keep his flagship £3.7bn fund frozen for at least another month, leaving thousands of investors without access to their money.Mr Woodford, one of Britain's best known money managers, released a video - the second since the Woodford Equity Income Fund was suspended on 3 June - in which he said there was "no prescribed time limit" on how long it could cease trading for. However, the fund's authorised corporate director Link Fund Solutions said in a letter to investors posted on its website that it remained in the "best interests of all investors" to continue the suspension.Link is required to give an update on the suspension at least every 28 days.It said it expected to provide another upda
Hong Kong extradition bill: Protesters return to streets despite suspension

Hong Kong extradition bill: Protesters return to streets despite suspension

World
Media playback is unsupported on your device Thousands of people protested in Hong Kong on Sunday against a controversial extradition bill, despite a government decision to suspend the bill.The new law, which would have allowed extradition from Hong Kong to mainland China, prompted hundreds of thousands to demonstrate in the past week.Hong Kong's Chief Executive Carrie Lam said on Saturday that the plans had been "suspended" for the time being.But protest leaders demanded that the bill was scrapped.Some have called on Ms Lam to resign over the unrest.By early Sunday afternoon, large crowds had gathered in the city's Victoria Square, many wearing black or carrying white flowers. Organisers said they hoped more than a million people would attend...
Premier League injuries and suspension: Who will miss the opening game of the season at every club?

Premier League injuries and suspension: Who will miss the opening game of the season at every club?

Sports
OUT Which players are unavailable or doubts to play at the weekend? The new Premier League season starts this week but not every player is going to be available to play. Injuries are an irritating part of the game and whether they’re long term ones, little niggles, or slight twinges, they will keep stars out of action. Which stars are unavailable or doubtful ahead of the new Premier League season? With the new campaign just days away, here at talkSPORT.com we’ve compiled a list of all those players who are injured or suspended Some World Cup stars are listed as doubtful with most managers making a decision late in the day about whether the likes of Harry Maguire, Paul Pogba, Harry Kane, and N’Golo Kante will start their team...