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WORLD: China sets precedent in handling bank defaulters, restricts them buying plane tickets; Have we found the 8th continent? It’s called Zealandia …

China sets precedent in handling bank defaulters, restricts them buying plane tickets
Have we found the 8th continent? It’s called Zealandia
Samsung chief Lee arrested as South Korean corruption probe deepens
Businessman buys photograph of a potato for €1m
Harbin International Ice and Snow Sculpture Festival, in pictures

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Banking NewsChina sets precedent in handling bank defaulters, restricts them buying plane tickets

Newsnation.in
February 21, 2017
New Delhi : It could be a precedent for India that how to handle bank defaulters and debtors, the Supreme People’s Court of China passed a stern order restricting them travelling by plane, applying for loans and credit cards. The court has also blacklisted 6.73 million bank defaulters.
As per report of Global Times, the Chinese government had launched a massive crackdown on defaulters and had barred 6.15 million people from buying plane tickets and 2.22 million from travelling by high-speed train. …

Have we found the 8th continent? It’s called Zealandia

Timesofindia.indiatimes.com
Feb 18, 2017
Zealandia meets all the criteria that are satisfied by the existing seven continents 
There is an entire, submerged and unrecognised continent that has been hiding until now, according to scientists. New Zealand is sitting on top of the geological entity, most of which sits underneath the South Pacific and so can’t be seen, according to a major new paper.
In a paper published in the Geological Society of America’s Journal, researchers explain that Zealandia measures five million sq km which is about two thirds of neighbouring Australia.

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Samsung chief Lee arrested as South Korean corruption probe deepens

Timesofindia.indiatimes.com 
Feb 17, 2017
SEOUL: Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the world’s biggest maker of smartphones and memory chips.
The 48-year-old Lee, scion of the country’s richest family, was taken into custody at the Seoul Detention Centre after waiting there overnight for the decision. He was being held in a single cell with a TV and desk, a jail official said. …

Businessman buys photograph of a potato for €1m   

Timesofindia.indiatimes.com 
Jan 25, 2016
A celebrated photographer has sold a picture of an Irish potato for 1m (£750,000).
Kevin Abosch, 46, confirmed he had sold the photograph of an organic potato shot on a black background to an unnamed European businessman. … 

Harbin Ice Festival, China
Harbin Ice Festival, China (Image Courtesy: Icefestivalharbin.com)

Harbin International Ice and Snow Sculpture Festival, in pictures   

Telegraph.co.uk 
December 24, 2015

 

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