 |  | | Economics & Politics | | ON March 24 the Portuguese
prime minister, Jose Socrates,
resigned after all the opposition
parties rejected his austerity
plan, which included slashing
pensions by more than €1,500 a
month and more cuts in tax benefits.
His government´s collapse triggered an
election, which could not take place for
another two months. During the interim
Socrates stayed on as acting prime
minister and reached an agreement
with the European Union and the
International Monetary Fund for a
€78bn bailout. The terms? Almost
exactly the same as those proposed by
him and rejected by the Portuguese
parliament six weeks earlier.
When the elections finally took place
the political class could sense a certain
degree of cynicism. The Portuguese
president, Anibal Cavaco Silva, warned
voters they could not complain about
what... |
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| |  | | CASH CON BY
CORPORATES |
| WATCHING the evolution
of economic discussion
in
Washington over the
past couple of years
has been a disheartening experience.
Month by month, the discourse
has gotten more primitive;
with stunning speed, the lessons
of the 2008 financial crisis have
been forgotten, and the very ideas
that got us into the crisis - regulation
is always bad, what´s good
for the bankers is good for
America, tax cuts are the universal
elixir - have regained their
hold.
And now trickle-down economics
- specifically, the idea that
anything that increases corporate
profits is good for the economy -
is making a comeback.
On the face of it, this seems
bizarre. Over the past two years
profits have soared while employment
has remained disastrously
high. Why should anyone believe
that handing even more money to
corporations, no strings... |
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 | QU honours 172 students
ALTOGETHER 172 meritorious
students of the academic year
were honoured by Qatar
University (QU) during a special
function held at Doha
Sheraton on Tuesday. Students
from both academic and nonacademic
categories were
selected for the...
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| | Qtel teams visit
homes, businesses
for fibre links |  QTEL´S fibre teams have
begun door-to-door visits in
neighbourhoods throughout
the country in a bid to provide
high-speed Internet to homes
and businesses through fibre
optic cables.
Already, more than 1,000
kilometres of high-speed fibre
optic cables have been laid
throughout Doha, providing
the potential to offer the
fastest-ever internet experience,
as well as high definition
television, Qtel said in a
statement.
"Qtel fibre is the incredible
next generation of internet
connectivity, which will bring
a new wave of exciting possibilities
to life," the statement
added.
To make this transformation
happen, teams of engineers
will be visiting homes in
key fibre areas... |
| | RasGas revs up Qatarisation with 32 recruits |
 AS PART of its on-going strategy
to attract, retain and
develop a workforce of the
highest quality through its
Qatarisation programme,
RasGas Company Limited
recently recruited 32 new
Qataris in its Process and
Maintenance Departments.
The young Qataris, who
have completed the initial
Certificate-1 and 2 training,
normally conducted by Qatar
Petroleum, will now start a
RasGas specific training programme,
Certificate-3, to be
managed by the Competency
Assurance and Training
(CAT) division of its
Operations Business
Department.
RasGas Operations Group
Manager Hamad Mubarak al
Muhannadi who addressed
the new recruits at a special. |
| | Doha residents love visiting malls |  RESIDENTS of Qatar love to
visit various shopping malls
more compared to parks, the
Corniche, swimming pools, stadiums
and the beaches.
Doha has some of the best
shopping malls one can find in
this region. All the best brands
have their luxurious shops with
good services. They sell from perfumes
and cosmetics to French
and Italian brands of shoes, Swiss
quality watches and anything one
can think of in the fashion world.
There is no better place than
these malls to visit during summer
as the weather in Doha
remains hot and humid for at
least half of the year.
Qatar Tribune correspondent
spoke to people from all walks of
life and found that 90... |
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