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Biggest counter-terrorism coup praised Anti-terrorist detectives and prosecutors will have been hugely relieved by the conviction of three of the defendants in one of the most complicated and long-running criminal trials in recent years.The home secretary, Alan Johnson, was among the first to react yesterday, insisting that the case underlined that 'we face a real and serious threat from terrorism. This was a particularly complex and daring plot which would have led to a terrible attack resulting in major loss of life.'He added: 'The police, security services and CPS [crown prosecution service] have done an excellent job in bringing these people to justice. This was the largest ever counter-terrorism operation in the UK and I cannot thank enough those involved for their professionalism and dedication in thwarting this attack and saving thousands of lives.'Sue Hemming, the head of the Crown Prosecution Service's counter-terrorism division, described the plot as 'calculated and sophisticated' and one that could have killed hu GuardianMarket rebound `not a real recovery` A UN think tank on trade has warned that the current financial market rebound is not a 'real recovery' and that any world economic growth recorded in 2010 was unlikely to exceed 1.6 per cent. CnetRecent Contraction Has Been Little More A Than Hiccup in Decades of Sustained Economic GrowthMr. Swing Banks Affected By Increased Loan Defaults (WFC, BAC) Default rates on commercial real estate loans continue to move higher and may be the next phase of the credit crisis. Investopedia.comHungary,IMF to extend loan arrangement by 6 months This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. Market WatchAbu Dhabi gains on real estates The Abu Dhabi Securities Exchange (ADX) gained 0.77%, closing at 2,956.03 points, mostly lifted by the real estate sector (gaining 2.57%). Financial bellwether National Bank of Abu Dhabi (NBAD) advanced to Dhs13.90 (up 1.09%). The UAE's second largest lender plans to issue more bonds after it raised $850m through bonds last week, EFG Hermes cites Trade Arabia. Oman Emirates Investment Holding posted the largest loss (down 9.79% to Dhs1.75). AMEIsrael Stocks: Israel stocks up; Africa-Israel meeting set Israeli stocks rose on Monday, with some rises among the blue chips and tech stocks offset by a drop in a couple of prominent insurance issues and real estate stocks. Market WatchEPRA announces the appointment of Unibail-Rodamco`s Guillaume Poitrinal as Association Chairman EPRA is pleased to announce the appointment as chairman of one of the leading figures in real estate – Guillaume Poitrinal, Chairman of the management board and CEO of Unibail-Rodamco. Out-going chairman, Serge Fautré, said: “It’s been a fantastic four years at the helm. We have seen many highs, and more recently a few lows; however I’m proud to say I leave the Association in great shape for the future.” Guillaume Poitrinal, Chairman of the management board and CEO of Unibail-Rodamco and newly Europe REEPRA: NAV data shows £4.3 billion UK property recapitalization stabilizing market (UK) The estimated £4.3 billion (€5 billion) in new equity that has been pumped into the UK listed property sector via rights issues and share placings in the past 10 months appears to be having a strong stabilizing influence on the market, new Net Asset Value (NAV) research data from the European Public Real Estate Association (EPRA) indicates. The average discount of share prices for companies in the FTSE EPRA/NAREIT UK Index to their NAVs, or value of underlying assets, was a record 46% at the ma Europe REJLL: Retail real estate investment up 85% in continental Europe in Q2 2009 (EUR) Direct retail real estate investment in Continental Europe was up by 85% in the second quarter 2009, compared to the first quarter of the year, according to new research from Jones Lang LaSalle. This has been largely driven by an increase in lot size rather than number of deals, 33 deals in Q1 compared to 38 deals in Q2. The transaction volume was circa €2 bln. in Q2 2009, compared to €1 bln. in Q1, giving a total of €3 bln. in the first half of the year. This is comparable to the volume tran Europe RE1 2 3 |
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