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The President gives his third prime time press conference from the East Room of the White House. (public domain)

Saudi business group Al-Shiddi is building hotels and a multi-purpose complex in Sarajevo worth up to 200 million euros (7.3 million), the group’s chairman, Sulaiman Al-Shiddi, said. The Sarajevo City Centre will include a five-star hotel, a business and shopping centre and underground five-storey car-park for over 1200 cars in the heart of the Bosnian capital, next to the parliament and government building, said Al-Shiddi. More than EUR160 million will be invested in the complex, Al-Shiddi said, adding he expects it to be worth even more once it’s completed. ‘The total value of the project will reach over EUR300 million after it has been finished,’ he told Reuters on the sidelines of a business conference in Sarajevo. ‘This is the last location (like this) in the city of Sarajevo,’ Al-Shiddi said, adding that room for real estate expansion in the city centre has been shrinking and is limited due to the mountains around it. The complex is scheduled to be completed by the end of 2012. The Riyadh-based group, which deals with real estate, trade and agriculture, is also building a four-star hotel in a newer section of Sarajevo, worth EUR 30 million, which should be completed at the end of this year, Al-Shiddi said. The group started looking for investments in Bosnia in late 2004. ‘The prices were very, very cheap at that time,’ Al-Shiddi said. ‘If you compare the prices today with the region, they are still 50 per cent lower than in Slovenia, Croatia, and Montenegro.” Al …

9.12.2011 – Viktor Yanukovych has initiated an International Investments Conference to attract foreign investors’ attention to Ukraine. – Prime Minister of Ukraine Mykola Azarov has unveiled the monument to Taras Shevchenko in the capital of Montenegro – Podgorytsa during his official visit there. – Verkhovna Rada has been working again without opposition. – International school “Meridian” has celebrated its first anniversary – 10 years of the excellent work. – The 4th Grand Antiques Showroom opens in Arts Arsenal show hall in Kyiv to present an exhibition of Indian side arms of the 17th — 19th centuries. – Specialists advise how to celebrate coming of the year 2012, the year of black water dragon.

Read the transcript: to.pbs.org The coming presidential election in the Central American nation of Nicaragua will have a familiar name on the ballot. Ray Suarez reports from Nicaragua.

Now on Twitter: SniperWolfHI . After putting in the man hours getting Monteriggioni back up to its former glory, I decided to make a guide so you don’t have to make the same mistakes I did. If you follow this guide you should be making over 10k every 20 minutes in no time. Enjoy and here is the written guide: Hello, this is SniperWolfHI and today we’re gonna take a look at Assassin’s Creed 2. This has by far been one of my favorite games of the year and an amazing sequel to the original. One of my favorite additions to the game is the ability to purchase weapons and upgrades as well as cloths, armor, and even artwork. With so many different ways to earn and spend money, I decided to give you all some helpful hints to make earning the money as fun as spending it, without it getting boring or repetitive. First off, play the game until you leave the first city and visit your uncle in the village of Monteriggioni which will become your new home. When you first get here the place is run down, the people poor, and all all the shops are closed. It is now your mission to invest in the town and bring it back to its former glory. I highly suggest saving as much money as you can up until this point. The weapons and armor that are available are not really important at this point of the game and if you follow this guide you will be ranking in the money in no time, and if you’re like me, you’ll be making so much money soon that there is no way to spend it fast enough. You’re given the …

www.visit-ulcinj.com Page 1 of 6 GOVERNMENT OF MONTENEGRO PRIVATIZATION AND CAPITAL INVESTMENT COUNCIL (hereafter referred as to: “The Council”), announces: THE PUBLIC INVITATION for participation on the Tender („The Tender”) 1. for sale of 63.5273% share capital, exspressed through 968.402 ordinary shares of the Company HTP “ULCINJSKA RIVIJERA” AD, Ulcinj, Montenegro, and 2. a long term lease for a period of 90 years, of a land complex where are located hotels and other buildings of the hotel and tourism company HTP „Ulcinjska rivijera” AD, as well as the land which is intended to construction of touristic facilities and other mixed use. 1. Subject of the Tender A. Subject of the Tender is sale of 63.5273% share capital, exspressed through 968402 ordinary shares of the company HTP “Ulcinjska rivijera” AD („The Company”). The Montenegrin Ministry of Privatization and Capital Projects has extended the deadline for the privatization of HTP “Ulcinj Riviera” until November 4. The abbreviation ‘HTP’ actually means ‘hotelsko-turističko preduzeće’, which in English means ‘hotel-tourist company’. 63,52% of the company is for sale.The company actually owns a few tourist facilities and a lot of land. Apart from the land sale and actually just buying the company, an interesting option is to buy the right to use the land for 90 years. That’s a long-term lease of the land that is owned by HTP “Ulcinj Riviera”. The land includes areas where many hotels are already built and are paying …

The major US equity indices closed sharply lower Monday in the first trading session after Standard & Poor’s cut the United States’ AAA Credit Rating. President Barack Obama said he hoped the decision by Standard & Poor’s would at least give Congress a renewed sense of urgency to tackle debt problems. He said that must be done primarily by taking on the politically difficult issues of reforming taxes and entitlement programs in the coming months. In corporate news,American International Group (NYSE:AIG) has plans to sue Bank of America (NYSE:BAC) due to losses on hundreds of mortgage-backed securities. The suit seeks to recover over billion in losses on billion of investments, in possibly the largest mortgage-security-related action filed by a single investor. The Dow Jones Industrial Average (DJI) closed 5.54% lower at 10809, the S&P500 (INX) closed 6.66% lower at 1119, and the Nasdaq Composite (IXIC) closed 6.90% lower at 2357.

www.weforum.org 08.06.2011 Stress Tests for Europe In the wake of fears of further bailouts in the Eurozone, disagreements over foreign policy and schisms between Eurozone and non-Eurozone members, how can Europe overcome the stresses and strains that are defining today’s new European reality? The following dimensions will be addressed – Fiscal stresses – Core versus periphery – Foreign policy – Rise of nationalism Developed in partnership with the Associated Press Victor Halberstadt, Professor of Public Economics, Leiden University, Netherlands; Global Agenda Council on Fiscal Crises Mark Leonard, Director, European Council on Foreign Relations (ECFR), United Kingdom; Young Global Leader; Regional Agenda Council on Europe & Central Asia Igor Lukšic, Prime Minister of Montenegro Davide Serra, Founding and Managing Partner, Algebris Investments (UK), United Kingdom; Young Global Leader Aleh Tsyvinski, Professor of Economics, Yale University, USA; Young Global Leader Moderated by Ian Phillips, News Director for Eastern and Central Europe, The Associated Press (AP), Czech Republic