archives : July 2010

     

United States

Late next year, you’ll be able to buy your own flying car — er, "roadable aircraft" — thanks to a thumbs-up from the Federal Aviation Administration. As long as you have $194,000 and a sport pilot license.

See Photo

The agency approved the Transition plane-car this week, giving it a Light Sport Aircraft rating. The test prototype has been flying for about a year, but plane-maker Terrafugia will unveil its production-class plane next month at the Experimental Aircraft Association’s annual convention in Oshkosh, Wisc.

The Transition drives like a car, uses normal high-octane gasoline, has front-wheel-drive and even comes with airbags. Its fuel economy is about 30 miles per gallon. But unlike your Prius, it can unfold its wings and fly. You’ll only need a one-third of a mile strip for a runway, meaning you could conceivably use your own street. It is powered by a rear propeller and flies about 115 miles per hour.

- Thursday 1 July 2010


Comoros
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have determined that the Union of the Comoros has taken the necessary steps to reach its decision point under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.1 The decisions by the Executive Boards of the two institutions mark a step towards Comoros receiving US$144.8 million in net present value (NPV) terms in debt relief. The IDA Executive Board also approved interim assistance to cover part of Comoros’ debt service to the institution. - Thursday 1 July 2010


Liberia
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have decided to support US$4.6 billion of debt relief for Liberia, of which US$1.5 billion is to be delivered by multilateral creditors and the remainder by bilateral and commercial creditors. 1 This was made possible in part by the exceptional efforts of members of the international community to finance debt relief for Liberia. - Thursday 1 July 2010


Rwanda - Tanzania
On 30 June 2010, Yussuf Munyakazi, a former businessman in Bugarama, Cyangugu was sentenced to 25 years in prison by Trial Chamber I of the Tribunal, composed of Judges Florence Rita Arrey (Presiding), Mparany Rajohnson and Aydin Sefa Akay. The Chamber found Munyakazi guilty of genocide and extermination as a crime against humanity. He will remain in custody in the UN Detention Facility in Arusha until his transfer to a country where he will serve his sentence. - Thursday 1 July 2010

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