Nova Scotians and visitors to the province have a new reminder of an important chapter of the province’s history. A monument commemorating the 250th anniversary of the Deportation of the Acadians (or the Great Upheaval), was unveiled today, July 28, on the Halifax waterfront. The monument overlooks Georges Island where thousands of Acadians were imprisoned following the Order of Deportation of 1755. “Today we want to bring attention to the most tragic of events in the history of Acadians, and honour their contribution to the history of Nova Scotia,” said Acadian Affairs Minister Chris d’Entremont. “While the deportation brought tremendous hardship to the families who were separated, it did not succeed in erasing the culture and heritage of the people.” Administrators of the British Colony in Nova Scotia made the decision to deport the Acadian people on July 28, 1755. It is estimated that about 2,000 Acadians were imprisoned on Georges Island during the next 10 years, and thousands were deported to various locations along the eastern seaboard and as far away as Europe. Several of those who were imprisoned on Georges Island died trying to reunite with their families. “The commemoration of the Deportation, as well as events like the celebrations marking the 400th anniversary of the arrival of the first French settlers in the province, and the Congrès Mondial Acadien of 2004, have entrenched the importance of their heritage in the hearts of the Acadian people of Nova Scotia,” said Napoléon Chiasson, president of the Fédération Acadienne de la Nouvelle-Écosse, the provincial organisation that represents the interests of Nova Scotia Acadians and French-speaking citizens. Organized by the fédération and the Office of Acadian Affairs, the unveiling of the monument is part of the international commemoration of the Great Upheaval of the Acadians, lead by the national Acadian organization, the Société Nationale de l’Acadie. “This represents an opportunity for all Nova Scotians and visitors to come to better appreciate the province’s distinct heritage,” said Mr. d’Entremont. The monument is situated beside the boardwalk on the Halifax waterfront between Electropolis and Bishop’s Landing.
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Rabat – The International Olympic Committee (IOC) lauded efforts made by Morocco to develop the national sport as well as the Kingdom’s interest in promoting young people’s status.“IOC officials have lauded efforts made by the Moroccan government to develop the national sport and the interest in promoting young people’s status,” said a statement by the Moroccan National Olympic Committee (CNOM) after a visit to Lausanne to explore and identify aspects likely to reinforce partnership with the IOC.During this visit (April 25-27), IOC officials voiced, to the Moroccan delegation which is composed of representatives of the youth and sports ministry, their full satisfaction with the special relations with the CNOM and expressed their appreciation of the understanding and complementarity between the Moroccan authorities and actors involved in national sports. They also offered their expertize for Morocco in relation with the different modes of sport management.With MAP
Chinese buying spree accelerates with takeover of GE unit by Joe McDonald, The Associated Press Posted Jan 15, 2016 1:54 am MDT Last Updated Jan 15, 2016 at 11:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email In this March 20, 2014 photo, a sign with the Haier logo stands in front of the company’s headquarters in Qingdao in eastern China’s Shandong province. Haier Group, the world’s biggest home appliance maker, announced Friday, Jan. 15, 2016, that it is buying General Electric Co.’s appliance business for $5.4 billion to expand its U.S. and global presence. (Chinatopix via AP) CHINA OUT BEIJING, China – Haier Group, the world’s biggest home appliance maker, is buying General Electric Co.’s appliance business for $5.4 billion to expand its U.S. and global presence.The acquisition announced Friday comes as Haier tries to transform itself into a premium brand. GE is shifting emphasis from traditional businesses such as appliances, in which it has been a prominent presence for more than a century, to higher-technology areas such as medical equipment and clean energy.The two companies also agreed to form a strategic partnership to co-operate in areas such as the Internet, healthcare, and advanced manufacturing. They said the sale is subject to regulatory and anti-trust approvals in relevant countries.The purchase is the third in a string of multibillion-dollar foreign acquisitions this week by Chinese buyers.On Tuesday, conglomerate Wanda Group said it was buying Hollywood’s Legendary Entertainment for $3.5 billion. The previous day, a state-owned chemical company announced the purchase of a German manufacturer for $1 billion.Chinese companies are on a buying spree abroad, looking for technology and brands to improve their competitive position at home and speed their global expansion.Chinese buyers have announced 23 outbound acquisitions so far this year, totalling $12.3 billion, up from $2.9 billion in the same period last year, according to Dealogic, a financial information provider.Haier, headquartered in the eastern Chinese city of Qingdao, makes a wide range of refrigerators, washing machines and other home appliances. It reported 2014 revenue of $32.6 billion. It operates a string of 21 industrial parks worldwide.Its purchase of GE Appliances is the biggest global corporate acquisition so far this year and the third-biggest in the United States by a Chinese buyer to date, according to Dealogic.Haier said the GE acquisition would be carried out by its unit Qingdao Haier Co. Ltd., a publicly traded entity of which Haier owns 41 per cent.GE Appliances, headquartered in Louisville, Kentucky, reported $5.9 billion in 2014 revenue. It has 12,000 employees, 96 per cent of them in the United States.The two companies said the deal will give GE Appliances more access to the growing Chinese consumer market. The purchase includes GE Appliances’ 48.4 per cent stake in Mabe, a Mexican appliance company with which it has operated a joint venture for 28 years.“This strategic alliance provides a new starting point for both Haier and GE and I am confident that this partnership will deliver enhanced value to the stakeholders of both companies,” Haier Group chairman Zhang Ruimin said in a statement.Zhang is credited with building Haier out of a bankrupt refrigerator factory after he was assigned by the Qingdao city government to manage it in 1984.Haier’s takeover of GE Appliances is the second-biggest purchase in the household appliance sector on record, behind Panasonic Corp.’s 2008 purchase of 50 per cent of Sanyo Electric Co. for $7.1 billion, according to Dealogic. It said Haier’s six foreign acquisitions to date total $6.3 billion.“Haier has a stated focus to grow in the U.S., build their manufacturing presence here and to invest further in the business,” GE chief executive Jeff Immelt said in the joint statement. “In addition, we see the opportunity to work together to build the GE brand in China.”GE, headquartered in Fairfield, Connecticut, announced plans earlier to sell the appliance business to Sweden’s Electrolux for $3.3 billion. They called that off in December after opposition from American anti-trust regulators.