A soldier has been beheaded in a barbaric attack by two men on a street outside Woolwich army barracks in South East London. In the shocking scene, one of the killers addressed witnesses saying “you will never be safe.”
In broad daylight two men in their mid-20s attacked a man dressed in a military uniform killing him and apparently trying to behead him while shouting “God is greatest” in Arabic, according to witnesses.
The UK government has confirmed that the victim if the attack was a member of the British armed forces, the BBC reported.
Shocking footage recorded by witnesses during the carnage and made public by ITV shows a man holding a meat cleaver with blood on his hands using jihadist rhetoric to justify the violence.
“We swear by almighty Allah we will never stop fighting you,” the attacker said, with the body of the victim lying just… Continue reading
High inflation has cost the economy £10billion over the last three years, according to Ernst & Young.
The accountants warn households face spiralling energy and food bills and rail fares. It predicts the Consumer Prices Index (CPI) will not drop to the Bank of England’s target of 2 per cent for the ‘foreseeable future’ and will hover around 2.6 per cent in 2014 and 2015.
The Bank of England has said inflation will fall to 2 per cent by 2015.
Going up and rising: Household bills and transport costs are crippling households as rate of inflation exceeds wage increases
The grim prognosis comes ahead of official inflation figures published today. These are expected by Capital Economics to show CPI fell from 2.8 per cent to 2.6 per cent in April.
The Ernst & Young ITEM Club report says high inflation has been ‘very damaging’ to the UK economy, particularly because… Continue reading
CYPRUS has the highest percentage of workers in Europe who are suffering from work-related stress, at 51 per cent.
This is three times higher than the European average of 16 per cent.
These finding were published in the third edition of a European survey carried out by Ipsos MORI, a research company in the United Kingdom, on behalf of the European agency of safety and health at work.
According to the survey job insecurity and work reorganisation are considered as the most common cause of work-related stress in Europe. Half of the European working population believes work-related stress is a normal phenomenon.
From December 5 until 17 2012, 587 telephone interviews with full-time, part-time and self-employed workers, ages 18 and over, were conducted in Cyprus.
In Cyprus six out of ten workers, a total of 61 per cent, consider their working hours or workload as being the common cause of… Continue reading
Author: Elias Hazou
AN ISRAELI-led joint venture’s proposal to produce and export lucrative electricity
from possible gas reserves within offshore Block 3 is being “considered” by the
government, the Sunday Mail has been told.
The venture had bid for Block 3 but was not picked, the exploration licence ultimately
awarded to the Italian-Korean consortium of ENI-KOGAS.
But Dr Eli Barnea, CEO of Sigma Explorations Holdings Limited – which has a 75 per
cent stake and was the designated operator in the Israeli joint venture – said this
week that their offer still stands.
The Israeli-led group’s proposal on Block 3 incorporated the construction of a power
plant on the island for exporting electricity to Israel and for generating electricity
for Cyprus’ local consumption, by linking the two countries’ grids via a subsea cable.
Due to their geography, both nations are currently isolated in energy terms and
vulnerable to failures… Continue reading
RUSSIA has not yet agreed to extend the terms of its 2.5 billion euro loan to Cyprus,
Russia’s deputy finance minister said yesterday.
“There was a request … to change the duration of the loan, we promised to think
about it,” Sergei Storchak told reporters, on the sidelines of the European Bank for
Reconstruction and Development annual meeting, speaking through an interpreter.
“This was a kind of promise – if somebody wants to see it as a done deal, there is
nothing I can do about it.”
He added that any changes to the terms of the loan would need parliamentary
ratification.
“For that to be a done deal, we need to have it on paper.”
Cyprus’ foreign minister said this week that Russia had agreed to extend the terms of
the loan as part of its participation in the bailout.
A document prepared by international lenders also reported that… Continue reading
JAILED Turkish Cypriot tycoon Asil Nadir has renounced his British citizenship in order to return to Turkey, reported Turkish Cypriot daily Afrika yesterday.
According to the paper, the Turkish Cypriot businessman, who is currently in Belmarsh Prison in the UK, is now one step closer to returning to Turkey after being sentenced to ten years in jail last August by a British court after being found guilty of stealing £28.8 million from Polly Peck and its shareholders.
Afrika reported that Turkish Justice Minister Sadullah Ergin gave instructions to the Turkish ambassador in London to assist proceedings for Nadir to be transferred from Britain to Turkey. As part of the effort, Nadir was asked to renounce his citizenship and hand over his British passport.
Last February, the Daily Mail reported that Nadir who was ordered by a UK court to pay back £5 million of the money he stole… Continue reading

The TUC ranked the UK 24 among the world’s 33 advanced economies based on the International Monetary Fund’s (IMF) latest GDP forecast. The union also accused British Chancellor George Osborne of pursuing an economic strategy causing the UK to fall behind its competitors in the global recovery.
“We truly are experiencing a lost decade for growth. While other countries are already seeing a rise in economic output, the UK won’t return to its pre-crash level for another four years,” TUC general secretary Frances O’Grady said.
According to the TUC, the UK income per head would not return to its pre-crash level until 2017, while in Germany and the US the figure would be more than 10 percent higher a decade on from… Continue reading

The post-1945 world order, which was marked by closeness between Britain and the United States, was mainly constructed by Think Tanks and Power in Foreign Policy involving intellectual and political forces who developed a resilient Anglo-American alliance during the World War II.
Chatham House and the Council on Foreign Relations were vital in Britain’s shift from imperialism to its current pro-US orientation. They also helped the US shift from isolationism to globalism.
Experts believe well-organized and well-connected Think Tanks have the potential to help change the world through their numerous transatlantic interconnections both socially, politically and economically.
Chatham House, as one of those Think Tanks, which is partly run by the British foreign spying apparatus MI6, urges a dramatic… Continue reading

Guy’s and St Thomas’ Hospitals in London are now contacting relatives of the deceased from across Britain telling them that they can take back the organs that could repeat the gruesome 1990’s scandal in Bristol and Liverpool that led to second funerals.
The scandal is especially embarrassing for the government because the organs had been unlawfully removed from the bodies under police or coroners’ authorization to be stored for tests at forensic medicine department of King’s College, London.
The body parts are being returned now because they were no longer needed since 2000, when the… Continue reading

The deaths take the number of British troops who have been killed in Afghanistan since October 2001 to 444.
Cameron’s comment follows MoD’s admittance back in March that the Afghan campaign is “unwinnable in military terms”.
During his interview, Cameron also echoed the MoD’s position that the British forces’ continued presence in the country until the end of 2014, is aimed at helping the security of the Asian nation.
“It is important work because it is vital that that country doesn’t again become a haven for terrorists, terrorists that can threaten us here in… Continue reading