THE SUNDAY NEWS _ HEADLINES from Around The World March 25, 2007





State investment firm faces huge challenges

China Daily



BEIJING -- The much hyped State investment company set to be launched faces multiple challenges ranging from establishing transparent management under laws as yet to be written to showing solid financial gains.



Hu Xiaolian, head of the State Administration of Foreign Exchange (SAFE), also said that the State investment company will be established this year, although details are yet to hammered out.



The new company is expected to be under the direction of the State Council, China's Cabinet, while professional managers will handle the reserve fund.






City Police Spied Broadly Before G.O.P. Convention



NEW YORK TIMES




NEW YORK — For at least a year before the 2004 Republican National Convention, teams of undercover New York City police officers traveled to cities across the country, Canada and Europe to conduct covert observations of people who planned to protest at the convention, according to police records and interviews.



From Albuquerque to Montreal, San Francisco to Miami, undercover New York police officers attended meetings of political groups, posing as sympathizers or fellow activists, the records show.



They made friends, shared meals, swapped e-mail messages and then filed daily reports with the department’s Intelligence Division. Other investigators mined Internet sites and chat rooms.”






Pentagon: Taking a Hard Look at CIFA

MSNBC




WASHINGTON -- The Pentagon is reviewing the charter of a controversial counterspy agency set up by former Defense secretary Donald Rumsfeld after 9/11. The Counter-Intelligence Field Activity (CIFA) was supposed to "coordinate" counterintel and antiterrorist reporting by myriad Pentagon spy outfits—including intel divisions maintained by all four military services. But CIFA seemed to overreach. As part of an assignment to collate data about suspicious incidents at U.S. military bases, CIFA also collected info on peace activists and anti-Bush protesters. CIFA's contracting practices came under investigation as part of a corruption inquiry. At one point, more than 90 percent of the people employed at CIFA HQ worked for defense contractors, rather than directly for the government; the Pentagon says the percentage of contract employees at the agency now has been reduced to 60 percent.




Hundreds held as ARD protests today

DAILY TIMES PAKISTAN



Hundreds of opposition activists have been detained ahead of a countrywide protest today called by the Alliance for the Restoration of Democracy (ARD) against the suspension of the chief justice of Pakistan.




The ARD has planned rallies at the divisional level across the country, with the major rally to be held at the District Courts Chowk in Rawalpindi. The decision to organise the protest was made by former prime ministers Benazir Bhutto and Nawaz Sharif – the heads of the two major parties in the ARD, the Pakistan People’s Party and Pakistan Muslim League-Nawaz – at a meeting in London last week.







Iran limits cooperation with IAEA after sanctions

REUTERS



The U.N. Security Council unanimously approved the sanctions on Saturday for Tehran's refusal to suspend its program, but major powers also offered new talks and renewed an economic and technological incentive package offer.



An Iranian government spokesman said Iran would limit its cooperation with the U.N. watchdog, the Vienna-based International Atomic Energy Agency, in retaliation.



"Iran will not stop its peaceful and legal nuclear trend even for one second because of such an illegal resolution," Iranian President Mahmoud Ahmadinejad said.





Two rescued in Gulf after falling off cruise ship

CNN

HOUSTON, Texas -- More than four hours after they fell from a cruise ship into the Gulf of Mexico, two vacationers were pulled from the water about 150 miles off the Galveston, Texas, coast early Sunday, according to the cruise line and the U.S. Coast Guard.



The 22-year-old man and 20-year-old woman apparently fell from a passenger's cabin balcony on the Grand Princess about eight hours after the cruise ship left the Galveston port, said Julie Benson, spokeswoman for Princess Cruises.



"When alerted to this, the ship stopped, initiated an emergency search operation, and returned to the position where the overboard incident was initially reported," Benson said, adding that the ship turned around and headed back within 10 minutes of getting word.







Gucci store ram raided

SYDNEY MORNING HERALD




Detectives are examining a stolen car that was left lodged in the doors of a high-end Sydney designer store after a ram-raid this morning.



The gold-coloured Honda Civic sedan smashed through the front doors of the Gucci store in Castlereagh Street near Martin Place about 2.30am.




The stolen car shattered the glass doors and bent back a security grille, allowing the thieves to loot designer handbags, clothing, sunglasses, footwear and jewellery from the store before fleeing in another vehicle.












Menu pet food recall widens

TORONTO STAR




TORONTO -- Menu Foods, the Mississauga-based company linked to the deaths of North American pets has asked retailers to remove all of its ‘cuts and gravy’ style food after reports that tainted products are still being sold.



The company had initially recalled wet dog and cat food manufactured at its Kansas and New Jersey facilities between December 3, 2006 and March 6, 2007. But the company said in a statement Saturday it would remove all 95 brands of wet food, regardless of its manufacturing date, to ensure no tainted food remained on store shelves.



“There is no known risk from items not listed on the recall list but an abundance of caution is called for in this situation,” the company said. “(The Food and Drug Administration) has been apprised of this action.”







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