Showing posts with label president. Show all posts
Showing posts with label president. Show all posts

Tuesday, May 21, 2013

NEWS,21.05.2013



Akbar Hashemi Rafsanjani, Iran's Former President, Barred From Running In May Election


Iran's election overseers removed potential wild-card candidates from the presidential race Tuesday, blocking a top aide of outgoing President Mahmoud Ahmadinejad and a former president who revived hopes of reformers.
Their exclusion from the June 14 presidential ballot gives establishment-friendly candidates a clear path to succeed Ahmadinejad, who has lost favor with the ruling clerics after years of power struggles. It also pushes moderate and opposition voices further to the margins as Iran's leadership faces critical challenges such as international sanctions and talks with world powers over Tehran's nuclear program.
The official ballot list, announced on state TV, followed a nearly six-hour delay in which the names were kept under wraps. That raised speculation that authorities allowed some time for appeals by the blackballed candidates and their backers to Supreme Leader Ayatollah Ali Khamenei, who has final say in all matters.
But the official slate left off two prominent but divisive figures: former President Akbar Hashemi Rafsanjani and Ahmadinejad protege Esfandiar Rahim Mashaei. The decision also appeared to remove many potential surprise elements in the race, including whether Rafsanjani could revitalize the reform movement or if Ahmadinejad could play a godfather role in the election with his hand-picked political heir.
Instead, the eight men cleared by the candidate-vetting Guardian Council included high-profile figures considered firm and predictable loyalists to the ruling Islamic establishment, such as former Foreign Minister Ali Akbar Velayati, Tehran Mayor Mohammad Bagher Qalibaf and Iran's top nuclear negotiator, Saeed Jalili.
Just one approved candidate, Mohammad Reza Aref, might draw some moderate appeal because of his role as vice president under former reformist President Mohammad Khatami.
The rest of the choices, at the very least, would create a possibly seamless front between the ruling clerics and presidency after years of political turmoil under Ahmadinejad, who tried to challenge the theocracy's vast powers to make all major decisions and set key policies. Iran's presidency, meanwhile, is expected to convey the ruling clerics' views on the world stage and not set its own diplomatic agenda.
Mashaei called the decision unfair and said he will appeal to Khamenei. "God willing this will be resolved," semiofficial Fars news agency reported late Tuesday.
Rafsanjani did not comment, but his supporters denounced the decision on social media.
While the election is not expected to bring major shifts in Iran's position on its nuclear program which Tehran insists is peaceful despite Western fears it could lead to atomic weapons it could open opportunities to renew stalled talks with a six-nation group that includes the U.S.
On Tuesday, Foreign Ministry spokesman Abbas Araqchi said Iran's nuclear stance will "not change either before or after the election."
The ballot rejection of Mashaei brought little shock.
He has been badly tarnished by Ahmadinejad's feuds with the ruling clerics. Hard-liners have denounced Mashaei as part of a "deviant current" that seeks to undermine the country's Islamic system which made ballot approval highly unlikely.
This leaves Ahmadinejad politically orphaned going into the final weeks in office. He still has significant public support and could try to bargain with other candidates or break away and start his own political movement.
Few powerful voices came to Mashaei's defense in a sign of Ahmadinejad's fallen fortunes. But the case for Rafsanjani was more complicated.
His unexpected decision for a comeback bid 16 years after leaving office jolted hard-line foes and was cheered by beleaguered reformists and liberals after years of crackdowns.
Rafsanjani faced a barrage of attacks in the past week from powerful critics who suggested the 78-year-old does not have the stamina for the presidency and is disgraced for criticizing the heavy-handed tactics used to crush protests following Ahmadinejad's disputed re-election in 2009.
Rafsanjani's youngest daughter, Faezeh, was released from jail in March after serving a six-month sentence in connection with the postelection chaos. His middle son, Mahdi, also is to stand trial in coming weeks for his alleged role in the riots.
Late Monday, authorities closed down the Tehran headquarters of Rafsanjani's youth supporters.
But Rafsanjani still carries a legacy with a sweeping reach.
Moderates see him as a pragmatist who can deal deftly with the West and use his skills as patriarch of a family-run business empire to help repair Iran's economy, battered by sanctions and mismanagement. Others, even ideological foes, respect his high-profile role in the 1979 Islamic Revolution as the closest confidant of its spiritual leader, Ayatollah Ruhollah Khomeini.
In a sign of possible lobbying on Rafsanjani's behalf, he received apparent support from some influential members of the Assembly of Experts the only group with the power to dismiss the supreme leader. Rafsanjani was pushed out as the group's chairman after failing to get enough support to leverage possible concessions from Khamenei on the 2009 postelection clampdowns.
One member, Ayatollah Mohieddin Haeri Shirazi, sent a letter to Khamenei saying "omitting a prominent figure from the election was incompatible" with giving wide choices to voters, the semiofficial ISNA news agency reported.
Another assembly member, Ayatollah Mohammad Vaez Mousavi, told the semiofficial ILNA news agency that Rafsanjani's age is not a weak point and many Iranian leaders "accepted responsibilities when they were quite old."
Prominent political analyst Saeed Leilaz said the "intensified defamation campaign" suggested worry among hard-liners that Rafsanjani had a real potential to rally moderates and others and win the election.
"What matters today is who can save the country's economy," he said, "Who has a plan to take Iran away from isolation and improve living conditions."

North Korea Releases Chinese Fishing Boat; Owner Says Captain Beaten


Gunmen wearing North Korean military uniforms released a Chinese fishing boat Tuesday after holding its crew for two weeks, beating up the captain and stealing the vessel's fuel, the boat's owner said. He added that the hijackers did not get the 600,000 yuan ($100,000) ransom they had demanded.
The seizure May 5 in what boat owner Yu Xuejun said were Chinese waters was the latest irritant in relations between North Korea and a Chinese government increasingly frustrated with its neighboring ally over tests of its nuclear and rocket technologies in defiance of U.N. bans. One of China's North Korea watchers said rogue border guards were probably responsible, rather than the Pyongyang government itself.
Yu said in an interview that the men were allowed to move around the boat while they were held captive, but were locked in a room at night. He said the captain suffered an arm injury when he was beaten, but he has since recovered, and that no other crew member was harmed. They now planned to stay out at sea for another 10 days.
"The North Koreans only left the crew with one sack of rice and one sack of flour. But this shouldn't be a problem as there are a lot of boats in that region now, all from Dalian," he said, referring to the northeast China port where his boat is based. "With their help, the crews will do OK for the next 8 or 10 days."
Yu publicized the boat's capture over the weekend on the Twitter-like Tencent Weibo as a ransom deadline neared. China then publicly demanded that North Korea release the men, though Chinese officials have not said whether they believe the armed captors were operating on their own or under North Korean government authority.
No ransom was paid, Chinese Foreign Ministry spokesman Hong Lei said at a news briefing Tuesday.
"We demand North Korea investigate this case fully and furnish China with details, and take measures to stop such cases repeating themselves," Hong said.
Yu also said he hadn't paid any ransom. "We were working in our country's waters why should I pay them?" he said. He had earlier written online that he couldn't afford it.
He said the captors "looked like soldiers, and the captain said they had guns and used force to take over the boat."
Yu posted coordinates on his microblog indicating the seizure took place about 100 kilometers (60 miles) from the westernmost point of North Korea and about 190 kilometers (120 miles) from Dalian.
That area is outside both countries' territorial waters defined as 12 nautical miles from their shores but within their overlapping Exclusive Economic Zones, which give them rights to resources including fishing. Jurisdictions in overlapping zones are not always clear.
Yu said the North Koreans took about five tons of light diesel oil and six barrels of gasoline and food, but navigation and communication equipment that was initially taken was returned, Yu said.
Yu's pleas for help and his frets that his crew might be mistreated were forwarded thousands of times on the Internet, and a high-ranking Chinese military officer, Maj. Gen. Luo Yuan, wrote on Sina Weibo of his fury over the detention.
"North Korea has gone too far! Even if you are short of money, you can't grab people across the border and blackmail," wrote Luo, who has more than 300,000 followers.
A similar abduction a year ago of Chinese fishermen by armed North Koreans caused an uproar in China. After their release, those fishermen said they had been starved and beaten, and some had been stripped of everything but their underwear.
Hong, the Foreign Ministry spokesman, had declined to answer a question Monday about who exactly China believed was behind the boat seizure, but he made clear that Beijing was looking for the North Korean government to secure the release of the boat and crew.
An expert on North Korea at the Liaoning Academy of Social Sciences in northeast China said he doubted the North Korean government would have had any knowledge of the incident when it happened.
"This incident is purely about a lawless act by the North Korean border police to blackmail our fishermen," said Lu Chao, adding that such things frequently happen to Chinese fishermen working near border waters.
"Sometimes, if the amount they are asking for isn't too high, the boat owner would just pay it," he said. This time, it might be related to spring food shortages, "so they are asking for a huge ransom."

Xi Jinping, China's President, To Meet Obama At California Retreat In June


China's new leader Xi Jinping will confer with President Barack Obama next month in California, months earlier than expected, as both sides seek to stem a drift in relations, troubled by issues from cyberspying to North Korea.
The June 7-8 meeting at a retreat southeast of Los Angeles, announced Monday by the White House, underlines the importance of the relationship between the countries as they work out ways for the U.S.-led world order to make room for a China that is fast accruing global influence and military power.
President Xi has said China wants its rise to be peaceful, but that Beijing will not compromise on issues of sovereignty a stance that has aggravated disputes over contested East and South China Seas islands with several countries, including staunch U.S. allies Japan and the Philippines.
Among the other pressing items on the presidents' agenda: the spotty global economic recovery, U.S. allegations of persistent Chinese cyberattacks and espionage and Washington's desire for China to do more in international efforts to curb North Korea's nuclear program.
Washington has also criticized Beijing, along with Russia, for blocking tougher U.N. Security Council measures aimed at ending the bloodshed in Syria. China, for its part, has repeatedly lashed out at the U.S. military's ongoing strengthening of its presence in Asia, what it considers Washington's support for Japan in its island dispute with Beijing, and the U.S. questioning of China's human rights record and military buildup.
The meeting will be "of great significance to strengthening strategic communications, increasing strategic mutual trust ... properly handling disputes, developing cooperative relations and building a new type of big-power relationship," Foreign Ministry spokesman Hong Lei said.
The issues are so many that the agenda was becoming crowded for any Obama and Xi meeting.
The two leaders have spoken by telephone since Obama was re-elected and Xi elevated to Communist Party chief in November. Xi was named China's head of state in March for the first of what are expected to be two five-year terms.
The two met previously in February 2012, when Xi traveled to the U.S. as vice president and leader-in-waiting.
But before Monday's announcement, their first face-to-face meeting as leaders of their respective nations had not been expected until September in Russia, on the sidelines of the summit of the Group of 20 large economies.
"They needed more than 20 minutes on the sidelines of another meeting," said Bonnie Glaser of the Center for Strategic and International Studies in Washington. "If they want to see U.S.-China relations on a solid footing, to manage the differences and find issues to cooperate on North Korea, Iran, climate change it has to start at the top. U.S.-China relations are not managed from the bottom up but from the top down."
The White House, in its statement, said the two presidents will "discuss ways to enhance cooperation, while constructively managing our differences, in the years ahead."
The decision to hold a working visit instead of a pomp-filled state summit underscores the government's decision to put protocol aside to focus on substance. Xi will make the stop-off in California after traveling to Trinidad and Tobago, Costa Rica and Mexico.
"The engagement has become more flexible, and that helps keep the contact at the highest levels, which is conducive to understanding each other's viewpoints and taking more effective measures," Zhu Feng, deputy director of the Center for International and Strategic Studies at Peking University.
The Foreign Ministry's Hong pointed to cooperation on issues including climate change, energy security, North Korea, and Iran. Disputes also exist, he said, without offering details, and require "proper handling and active controlling by both sides."
U.S. diplomats have said that Chinese officials had wanted Obama to come to Beijing late this year or early next. His last visit was in 2009. Xi's predecessor as president, Hu Jintao, was given a formal White House welcome in 2011.
To prepare for the California meeting, Obama's national security adviser, Tom Donilon, will go to Beijing on May 26-28, White House press secretary Jay Carney said.


Saturday, March 9, 2013

NEWS,09.03.2013



Obama reaching out to Republicans


US President Barack Obama says he's reaching out to lawmakers from both parties in hopes of untangling the gridlock that has stymied progress on budget issues in Washington.In his weekly radio and internet address, Obama said on Saturday that he's talking with Republicans about ways to replace the automatic spending cuts that took effect on 1 March. He said immigration reform and gun control are other areas where he's hopeful Democrats and Republicans can find common ground.Obama said that even though unemployment fell to 7.7% last month, expanding the economy is still his top priority.In the Republican address, Senator Jeff Sessions of Alabama says he's worried that Senate Democrats will unveil a budget next week that won't curb the nation's debt. He's insisting that lawmakers balance the federal budget.

Fiery funeral for Venezuela's Chavez


Hugo Chavez was lauded as a modern-day reincarnation of Latin American liberator Simon Bolivar at a fiery, foot-stomping state funeral on Friday, hours before his handpicked successor was sworn in as acting president over the fierce objections of the opposition.Nicolas Maduro took the oath of office in the National Assembly before ruling party legislators, dignitaries and a boisterous crowd of sympathisers that chanted "Chavez lives! Maduro carries on!" Holding up a tiny blue-bound booklet of Venezuela's 1999 constitution in his right hand, Maduro pledged his "most absolute loyalty" to Chavez.He broke into tears as he spoke of his mentor during a strident acceptance speech that included numerous attacks on the United States, capitalist elites and the international media.Maduro also claimed the allegiance of Venezuela's army, calling it "the armed forces of Chavez" as he pumped his fist in the air, a gesture that was reciprocated by the defense minister watching from the gallery. Critics have voiced increasing concern about the overt support the military has shown to the ruling party since Chavez's death despite a ban on the army's participation in politics.The opposition largely boycotted the swearing-in, calling it unconstitutional. Henrique Capriles, Maduro's likely opponent in presidential election that must be called within 30 days, spoke condescendingly of the former bus driver and union leader, referring to him as "boy" and accusing him of "shamelessly" lying to the country.At Chavez's state funeral earlier in the day, Maduro stood before an assemblage of presidents, princes and left-wing glitterati, speaking in a booming voice over the flag-draped casket in a ceremony that at times smacked of a political rally."Here we are, Comandante, your men, on their feet," Maduro shouted, government officials rising behind him. "All your men and women ... loyal until beyond death."The funeral began with Venezuela's national youth orchestra singing the national anthem, led by famed conductor Gustavo Dudamel. A government-allied congressman later belted out cowboy songs from Chavez's native Barinas state.The streets outside the military academy took on a carnival atmosphere, with military bands launching into marches and an expanse of supporters wearing the red of Chavez's socialist party. Street vendors sold paper replicas of the presidential sash, which many people in the line slipped over their shoulders.Throngs watched the ceremony on huge monitors under the blazing sun. A line of people waiting to see Chavez's body stretched 2km, but the viewing was halted as the funeral got under way.In the funeral hall, more than 30 political leaders including Cuba's Raul Castro, Spanish Crown Prince Felipe de Borbon, and Iran's Mahmoud Ahmadinejad stood at attention before Chavez's flag-draped coffin, which was closed for the ceremony.Maduro announced on Thursday that the government would embalm Chavez's body and put it on permanent display, a decision that touched off strong passions on both sides.

Venezuela waits for election details


Venezuela on Saturday was awaiting a key ruling from the nation's elections commission about details of a vote to replace Hugo Chavez, including a possible date for the poll.The constitution mandates that elections be called within 30 days of Chavez's 5 March death, though some have speculated the country will not be ready to organise a vote in that time frame.The National Election Commission scheduled an announcement amid increasingly strident rhetoric on both sides of this politically polarised country.Chavez's boisterous, passionate state funeral on Friday often felt like a political rally for his anointed successor, Nicolas Maduro, who eulogised him by pledging eternal loyalty and vowing to never be defeated.Maduro was sworn in as interim leader late on Friday, delivering a strident speech that took shots at the US, the media, international capitalism and domestic opponents he often depicted as treacherous. He claimed the allegiance of Venezuela's army, referring to them as the "armed forces of Chavez", despite the fact the military is barred from taking sides in politics.The opposition has denounced the transition as an unconstitutional power grab, and likely standard-bearer Henrique Capriles said his side was studying its strategy for the vote, which will be held in the shadow of the government's efforts to immortalise Chavez.Since his death, the former paratrooper has been compared to Jesus Christ and early 19th century Venezuelan liberator Simon Bolivar, and the government announced that his body would be embalmed and put on eternal display.Venezuelan television on Saturday showed a long line of people still filing by Chavez's glass-topped coffin, which has been on display since on Wednesday. Many had waited through the night for a brief glimpse of their former leader.In his acceptance speech on Friday, Maduro warned the opposition not to boycott the vote."That would be a grave error," he said.Opposition figures have said they are concerned about the vote's fairness, particularly given the public vows of allegiance to Chavez from senior military officials. Capriles lost to Chavez in 7 October elections, but he garnered 45% of the vote.A boycott of 2005 legislative elections was widely seen as disastrous for the opposition. It let Chavez's supporters to win all 167 seats, allowing him to govern unimpeded by any legislative rivals.In the streets on Saturday, many Venezuelans said they expected the opposition to take part in the poll, which will decide the president for the next six years."They will be present, yes, they will take part in the election," said Benito Villalba, a 62-year-old retiree who said he would vote for Maduro.

Catholics ready election of new pope


Fire-fighters on Saturday installed the top of the Sistine Chapel chimney that will signal to the world that a new pope has been elected, as the Vatican took measures to definitively end Benedict XVI's pontificate.While construction workers prepared the interior of the frescoed Sistine Chapel for Tuesday's start of the conclave, officials elsewhere in the Apostolic Palace destroyed Benedict's fisherman's ring and the personal seals and stamps for official papers.The act, coupled with Benedict's public resignation and pledge of obedience to the future pope, is designed to signal a definitive end of his papacy so there is no doubt in the church that a new pope is in charge.The developments all point toward the momentous decision soon to confront the Catholic Church: Tuesday's start of the conclave to elect a new pope to lead the world's 1.2 billion Catholics and try to solve the numerous problems facing the church.The Vatican outlined the timeline for the balloting and confirmed that the bells of St Peter's Basilica will ring once a pope has been elected. But Vatican officials also acknowledged that there is some uncertainty about the whole endeavour, given the difficulties in discerning the colour of smoke that will snake out of the Sistine chimney - black if no pope has been elected, white if a victor has emerged.Vatican spokesperson, the Reverend Federico Lombardi, laughed off concerns, saying that some "suspense" was all part of the beauty of the process."We're not going to send out text messages or SMS messages, you'll have to come and see," another Vatican spokesperson, the Rev Thomas Rosica, said.For the sixth day, cardinals met behind closed doors to discuss the problems of the church and once again they discussed the work of the Holy See's offices "and how to improve it", according to Lombardi.The Holy See's internal governance has been the major constant in these days of discussion, an indication that the revelations of corruption, political infighting and turf battles exposed by the leaks of papal documents last year are casting a very big shadow over this conclave.While the cardinals ponder their choices, preparations for the vote continue.On Saturday, a handful of fire-fighters climbed onto the Sistine Chapel's roof and installed the top of the chimney. Inside Michelangelo's frescoed masterpiece, construction workers staple-gunned the felt carpeting to the false floor that has been erected over the chapel's stone floor.The false floor both evens out the steps of the chapel and hides the jamming equipment that has been installed to prevent any cellphone or eavesdropping devices from working. And in fact, on Saturday, cellphones had no reception in the chapel.For such an important decision, the Sistine chimney is an awfully simple affair: A century-old cast iron stove where the voting ballot papers are burned, with a copper pipe out the top that snakes up the Sistine's frescoed walls, out the window and onto the chapel roof.After years of confusion about whether the smoke was black or white, the Vatican in 2005 installed an auxiliary stove where fumigating cases are lit. The smoke from those cases - black or white - joins the burned ballot smoke out the chimney.

Screaming crowds greet Kim on frontline


North Korean television broadcast emotional scenes on Friday of cheering soldiers and their young families greeting leader Kim Jong-Un as he visited a frontline unit that shelled the South in 2010. With tensions surging on the Korean peninsula, Kim said the North's military was "fully ready to fight a Korean style all-out war," as he visited two islands close to the disputed maritime border on Thursday, state media said.Footage of the visit showed him being greeted by chanting troops who were held back as they surged towards him. Their families brought their children to meet him, with one woman encouraging her daughter forward for a hug.At the end of the trip, the soldiers ran down to the beach and waded chest deep into the freezing water clutching at Kim's motor launch as it moved away. The tour coincided with an outpouring of vitriol from Pyongyang over UN sanctions imposed for its nuclear test last month, with the North threatening pre-emptive nuclear strikes on the US and its allies, and vowing to rip up peace pacts with South Korea.Speaking to troops stationed on the islands, Kim said the slightest provocation would result in his immediate order for a "great advance" along the entire frontline with the South, the Korean Central News Agency (KCNA) said.On Mu island he inspected artillery units that shelled the nearby South Korean island of Yeonpyeong in November 2010, killing four people and triggering an exchange of fire that sparked fears of a full-blown conflict.State television showed Kim inspecting the craters left by South artillery shells on the island in what he described as the "most gratifying" battle since the end of the Korean War in 1953.The television footage showed him with binoculars looking across at Yeonpyeong Island and apparently discussing target selection with the artillery officers."He reconfirmed in detail reinforced fire power strike means and targets of the enemy deployed on five islets," including Yeonpyeong island and "defined the order of precision strikes" on those targets, KCNA said.Kim was accompanied on his tour by top members of the North Korean leadership, including political commissar Choe Ryong-Hae and Defence Minister Kim Kyok-Sik.

Monday, November 26, 2012

NEWS,26.11.2012



Obama drafts Geithner to crack budget


US President Barack Obama has made Treasury Secretary Timothy Geithner lead White House negotiator in budget talks with Congress aimed at averting the fiscal cliff, a report said Monday The Wall Street Journal said Geithner was viewed on Capitol Hill as a straight-shooter who had a better chance of brokering a deal than Jacob Lew, Obama's former budget chief who has burnt his bridges with some Republicans.If no deal is reached before the end of the year, a poison pill law of tax hikes and massive spending cuts, including slashes to the military, comes into effect with potentially catastrophic effects for the fragile US economy.The report said Geithner, who is preparing to leave his post as treasury secretary early in Obama's second term, has spent months already preparing for the fiscal talks, which will begin this week in earnest in Washington.Geithner will be joined by White House budget and tax experts, including Lew, now Obama's chief of staff, and National Economic Council Director Gene Sperling, the Wall Street Journal said.They will try to hammer out an elusive compromise with congressional aides but final decisions will be made by political leaders such as Obama and Republican House Speaker John Boehner, the report said.In recent days, several leading Republicans have indicated a willingness to accept a deal that includes more revenue from ending loopholes in the tax code in return for cuts in funding to Democrats' beloved welfare programs.Geithner, 51, is not affiliated with any party and has spent his career in government finance and on the political sidelines.He first joined the Treasury at age 27. When George W. Bush became president in 2001, he went to work for the Council on Foreign Relations and the International Monetary Fund.At 42, he was tapped to be head of the Federal Reserve Bank of New York, considered the Fed's second-most influential post because the New York bank interacts directly with a powerful constituency that includes Wall Street.Despite holding high office in the years leading up to the 2008 financial collapse, when regulatory authorities are accused of having been asleep at the wheel, he was tapped by Obama to lead the recovery.Upon assuming office in early 2009, he was charged with overseeing two major bailout packages worth more than $1.5 trillion and aimed at shoring up the country's distressed banking sector.The administration has said that the stimulus, while costly, averted another Great Depression, while conservative critics have branded it a costly expansion of government that has failed to revive the economy.

 

Medvedev does not rule out Kremlin return


Prime Minister Dmitry Medvedev said he is not ruling out a return to the Kremlin after his 2008-2012 single term as Russian head of state but was happy working as premier under his mentor Vladimir Putin."If I have sufficient strength and health, if our people trust me in the future with such a position, then of course I do not rule such a turn of events," Medvedev said in an interview with Agence France-Presse and Le Figaro when asked if he had the ambition for another Kremlin term.Medvedev, who on Monday embarks on a working visit to France, served as president after Putin stepped aside following the maximum two consecutive terms allowed by the constitution after his 2000-2008 stint.But Putin, aged 60, stayed on as a powerful prime minister and Medvedev, aged 47, never fully emerged from the shadow of his fellow Saint Petersburg native, an impression strongly reinforced when Putin returned to the Kremlin in May 2012.Medvedev, who in turn was then appointed prime minister in May, failed to bring about lasting change through a much-trumpeted modernisation programme in his one term as president.But in his interview with AFP, he revealed he had not lost his political ambition. "This returning to the presidency depends on a whole range of factors." "Never say never, especially as I swam in that river once and this is a river that you can swim in twice," he said.Russia will only go to the polls to vote for a president again in March 2018 and in the next half decade society is expected to see major change as the middle class grows and internet use explodes. Putin has also not ruled out standing again.This year's tightly choreographed job swap was criticised for being played out far from the public, and frustration over the return of Putin to the Kremlin fuelled the opposition protests that rocked Russia in the last year.Medvedev acknowledged the protests that began last December had shown a transformation in Russian society that the authorities could no longer ignore."Our society changed, it had become more active and the authorities needed to take account of this and react," said Medvedev, saying the government had done this by introducing electoral reform.Some of Medvedev's supporters who saw him as a possible champion of a refreshed, innovative and more pro-Western Russia were hugely disappointed by his apparent surrender of the Kremlin back to Putin.But Medvedev played up the tight links between the two men, saying he would find it impossible to work under anyone else."I would hardly have become prime minister under another president, I cannot imagine it at all," he said."If there is someone you can work with comfortably as prime minister after being president it is just one person, Vladimir Putin."However Medvedev has distanced himself from Putin on some issues, notably the case of feminist punk rockers Pussy Riot, two of whom have been sent to prison camps for performing a song against the Russian strongman in a church.Reaffirming his belief that they should be released, he said: "I think they have already tasted what prison is... So further punishment in the form of prison is not necessary. This is my personal position."On the case of Russia's best known prisoner, the former tycoon Mikhail Khodorkovsky, Medvedev said court decisions had to be respected but noted that the convict had never made a bid for clemency from the Kremlin.Medvedev admitted that his modernisation drive had so far fallen short but expressed hope there was still time to put his ideas into place."It's true that for the moment modernisation has not turned into a national idea and there has been no kind of radical progress reached."

 

Euro zone to seek Greek aid deal without write-off


Euro zone finance ministers and the International Monetary Fund made their third attempt in as many weeks to agree on releasing emergency aid for Greece today, with policymakers saying a write-down of Greek debt is off the table for now.Greek Finance Minister Yannis Stournaras said he was confident the ministers would reach a deal after Greece fulfilled its part of the deal by enacting tough austerity measures and economic reforms."I'm certain we will find a mutually beneficial solution today," he said on arrival for what was set to be another marathon meeting.Greece, where the euro zone's debt crisis erupted in late 2009, is the currency area's most heavily indebted country, despite a big "haircut" this year on privately-held bonds. Its economy has shrunk by nearly 25% in five years.EU Economic and Monetary Affairs Olli Rehn said it was vital to disburse the next 31 billion euro tranche of aid "to end the uncertainty that is still hanging over Greece". He urged all sides to "go the last centimetre because we are so close to an agreement".Negotiations have been stalled over how Greece's debt, forecast to peak at 190-200% of GDP in the coming two years, can be cut to a more sustainable 120% by 2020.Without agreement on how to reduce the debt, the IMF has held up payments to Athens because there is no guarantee of when the need for emergency financing will end.The key question is: Can Greek debt become sustainable without the euro zone writing off some of the loans to Athens?IMF Managing Director Christine Lagarde said on arrival that the solution must be "credible for Greece".A source familiar with IMF thinking said the global lender was demanding immediate measures to cut Greece's debt by 20 percentage points of GDP, with a commitment to do more to reduce the debt stock in a few years if Greece fulfills its programme.Under the source's scenario, Greece's debt could be reduced to around 125% of GDP by 2020 using a variety of methods including a debt buyback, reducing the interest rate on loans and returning euro zone central bank 'profits' to Greece, but further steps would still be needed to hit the 120% goal.The ministers took an extended break in mid-afternoon while experts worked on how to formulate a link between short-term measures and a credible assurance of eventual debt relief.Germany and its northern European allies have so far rejected any idea of forgiving official loans to Athens.German Finance Minister Wolfgang Schaeuble told reporters on arrival that a debt cut now was legally impossible, not just for Germany but for other euro zone countries, if it was linked to a new guarantee of loans."You cannot guarantee something if you're cutting debt at the same time," he said. That might not preclude debt relief at a later stage if Greece has completed its adjustment programme and no longer needs new loans.The source familiar with IMF thinking said a loan write-off once Greece has established a track record of compliance would be the simplest way to make its debt viable, but other methods such as foregoing interest payments, or lending at below market rates and extending maturities could all help.The German banking association (BDB) said a fresh "haircut" or forced reduction in the value of Greek sovereign debt, must only happen as a last resort.Two European Central Bank policymakers, vice-president Vitor Constancio and executive board member Joerg Asmussen, said debt forgiveness was not on the agenda for now.Asmussen told Germany's Bild newspaper the package of measures would include a substantial reduction of interest rates on loans to Greece and a debt buy-back by Greece, funded by loans from a euro zone rescue fund.So far, the options under consideration include reducing interest on already extended bilateral loans to Greece from the current 150 basis points above financing costs.How much lower is not yet decided - France and Italy would like to reduce the rate to 30 basis points (bps), while Germany and some other countries insist on a 90 bps margin.Another option, which could cut Greek debt by almost 17% of GDP, is to defer interest payments on loans to Greece from the EFSF, a temporary bailout fund, by 10 years.The European Central Bank could forego profits on its Greek bond portfolio, bought at a deep discount, cutting the debt pile by a further 4.6% by 2020, a document prepared for the ministers' talks last week showed.Not all euro zone central banks are willing to forego their profits, however, the German Bundesbank among them.Greece could also buy back its privately-held bonds on the market at a deep discount, with gains from the operation depending on the scope and price. Officials have spoken of a 10 billion euro buy-back at around 30 cents on the euro, that would retire around 30 billion euros of debt, although since the idea was raised the potential gain has fallen as prices have risen.But the preparatory document from last week said that the 120% target could not be reached in 2020, only two years later, unless ministers accept losses on their loans to Athens, provide additional financing or force private creditors into selling Greek debt at a discount.The latest analysis for the ministers showed the debt could come down to 125% of GDP in 2020, one euro zone official with insight into the talks said.

Saturday, November 10, 2012

NEWS,09.11.2012



obama 'open to compromise' to avoid cuts


Newly re-elected President Barack Obama has offered to deal with Republicans to avert a looming US fiscal calamity but insisted a tax increase for the very rich must be part of the bargain.Obama reminded Republicans that his approach to avoiding steep tax hikes and spending cuts due in January, which could trigger another recession, had just won the backing of Americans at the polls.He spoke just hours after John Boehner, the Republican Speaker of the House of Representatives, had repeated his party's commitment not to raise anyone's tax rates as part of a deal to address the fiscal crisis.In his first event at the White House since beating Republican Mitt Romney in Tuesday's election, Obama called on Congress to work with him to produce a plan and invited congressional leaders to meet with him next week."I'm not wedded to every detail of my plan. I'm open to compromise. I'm open to new ideas," he said.The "fiscal cliff" of steep government spending cuts and tax increases due to be implemented under existing law in early 2013 is Obama's most pressing challenge after winning a second term.Aimed at cutting the federal budget deficit, the planned measures could take an estimated $600 billion out of the economy and severely hinder economic growth.While striking a conciliatory tone toward the Republican House majority, Obama said voters supported his ideas, including raising taxes on the wealthiest Americans."I just want to point out, this was a central question during the election. It was debated over and over again. And on Tuesday night we found out that the majority of Americans agree with my approach," he said.Earlier, Boehner called on Obama to play a more active role in addressing the issue and urged the president to take the lead in negotiations."This is an opportunity for the president to lead. This is his moment to engage the Congress and work towards a solution that can pass both chambers," Boehner told a news conference.While disagreeing on immediate measures to avert the looming crisis, Obama and Republicans may find common ground in calls for enactment over the next six months of a larger package of deficit reduction measures, including a rewrite of US tax laws.The non-partisan Congressional Budget Office reiterated on Thursday that if left unaddressed, the abrupt fiscal tightening would knock the economy back into recession, with unemployment rates soaring back to about 9%. The rate is now 7.9%.But it also warned of a crisis ahead if the United States does not stem the growth of its exploding deficit.Partisan squabbling over the budget crisis will also harm the US economy, according to a strong majority of economists polled by Reuters after Tuesday's presidential election.


Argentines flood streets in anti-government protest


Hundreds of thousands of Argentines flooded the streets of the country's biggest cities on Thursday in a broad protest against President Cristina Fernandez's interventionist policies and combative style.The center-left leader won easy re-election a year ago but her approval ratings have slid since. Her government has virtually banned dollar purchases and it limited imports this year, worsening a steep economic slowdown.High crime, inflation of roughly 25% a year, and a possible bid by government allies to reform the constitution to allow Fernandez to run for a third term are also stoking unrest, particularly among middle-class Argentines."We've taken to the streets because we're sick of crime and having our pockets picked. Inflation is killing us, our pensions can't keep up," said Daniel Gonzalez, 70, a retired teacher.Thursday's pot-banging protests conjured memories of the demonstrations staged by angry savers, housewives and students during Argentina's 2001-02 economic and political crisis.Protesters in neighborhoods throughout Buenos Aires waved signs demanding freedom, transparency and an end to crime and corruption. A spokesman for the city's Justice and Security Ministry estimated 700,000 people were rallying in the capital.A similar, smaller protest was staged just two months ago.Local television showed rallies in other cities, including Rosario, Cordoba and Salta. The demonstrations were organised through social media and not by any one political party.Some Argentines even took to the streets abroad with hundreds of demonstrators gathering outside the country's consulates in Italy, Spain and the United States."We're protesting against Cristina's government so she listens to us. She's not infallible like she wants to seem. With this arrogance we won't get anywhere, we're already quite isolated (in the world) because of her policies," said Pedro Dominguez, a 56-year-old doctor protesting in Buenos Aires.Fernandez's government has angered trading partners with import curbs and it riled Madrid when it seized control of energy company YPF from Spain's Repsol earlier this year. The country still has outstanding debts dating back to a financial meltdown a decade ago.Critics say a government drive to break up the media empire run by Grupo Clarin is an assault on free speech. But supporters of the anti-monopoly law that is being enforced say officials are democratising the airwaves.Fernandez won 54% of votes in October 2011, largely due to an economic boom, job growth and expanded social programmes. Her government spends heavily to stoke high economic growth and backs big wage hikes that tend to mirror inflation.Several government officials have been dismissive of the protests and accused organisers of being on the far right.Fernandez told supporters on Wednesday that Argentines enjoyed more freedom of speech than ever before."If there's a sector that is demanding certain things, they have to stand up and say this clearly. Now, please, don't anyone think that I'll start contradicting my own policies," she said.The president's approval rating edged up to 31.6% in October, up 1 percentage point from a month earlier, while her rejection rating dipped slightly to 59.3%, according to a recent poll.Other polls have given her higher approval ratings but they also show a decline of 10 to 15 percentage points this year."The government and Cristina will emerge even weaker than they were (after the protests) but the opposition will show its impotence and its inability to channel these demands," said Sergio Berensztein, director of the Poliarquia political consulting firm.Under the constitution, Fernandez cannot run for a third consecutive term in 2015. Local media report her congressional allies may try to reform the country's charter to change this, but the government has not confirmed any such plan.For now, no opposition leader poses a real challenge to her and the ruling Peronist party still has strong support in the heavily populated working-class outskirts of Buenos Aires."Cristina won with 54% of votes and if there were an election today, she would win again because there are no opposition candidates," said Cesar Pacheco, a 62-year-old shipbuilder protesting outside the presidential palace.

Iranian jets fired on US drone in Gulf


The Pentagon revealed on Thursday that two Iranian fighter jets fired on an unarmed US Predator drone in the Gulf last week but the aircraft was not hit, in an incident that underscored tensions in the region.The incident occurred on 1 November - less than a week before America's presidential election - but the Pentagon kept it quiet until reports of the confrontation leaked out."They intercepted the aircraft and fired multiple rounds," spokesperson George Little told a news conference.The Su-25 Frogfoot fighters, much faster than the slow-moving turboprop drone, fired at least twice and made two passes, he saidIt was unclear whether the Iranians intended to warn off the unmanned drone but Little said: "Our working assumption is that they fired to take it down."The confrontation threatened to derail diplomatic efforts to defuse a mounting crisis over Tehran's nuclear programme, amid a shadow war of cyber attacks, bombings and assassinations.Tough new sanctions led by Washington are squeezing Iran's economy, while the United States and Israel are accused of staging cyber sabotage on Tehran's uranium enrichment plants.The US military drone was "never in Iranian air space" and came under fire from the fighter jets off the Iranian coast over international waters, Little said.The robotic Predator aircraft was conducting "routine surveillance" and the United States has told Iran it has no plans to suspend the flights, he said."The United States has communicated to the Iranians that we will continue to conduct surveillance flights over international waters over the Arabian Gulf consistent with longstanding practice and our commitment to the security of the region," he said.In a warning to Tehran, the Pentagon spokesperson said the United States was prepared to safeguard its forces."We have a wide range of options, from diplomatic to military, to protect our military assets and our forces in the region and will do so when necessary," Little said.The MQ-1 drone was pursued further by the Iranian warplanes but was not fired on again, he said.The Predator later returned safely to an unspecified military base in the region following the incident.The Predator known as the weapon of choice in America's bombing campaign against al-Qaeda in Pakistan was intercepted about 16 nautical miles off the Iranian coast, beyond the Islamic Republic's territorial waters that extend 12 nautical miles off the country's shore.Iranian military speedboats have sometimes swarmed US warships in the Gulf and the strategic Strait of Hormuz, a vital waterway for the world's oil, but the incident last week was the first involving an American drone in a confrontation with Iranian aircraft, officials said.Tensions over Iran's nuclear ambitions prompted the United States to bolster its military presence around the Gulf over the past year, deploying two aircraft carrier battle groups in the area at all times, a squadron of stealthy F-22 fighters to the United Arab Emirates and more minesweeper ships.With America's drawn out election campaign finally over, analysts had predicted President Barack Obama might have more leeway to pursue diplomacy with Iran. But the encounter with the Iranian fighter jets served as a reminder that a single incident or misunderstanding could trigger conflict.A new round of talks between Iran and six world powers, the first since June, is expected by the end of the year or in early 2013.Iran insists its nuclear programme is peaceful and has made clear any deal with the major powers has to offer relief from crippling sanctions.Israel meanwhile maintains time is running out as Iran expands its uranium enrichment work, with Prime Minister Benjamin Netanyahu suggesting his country may stage a unilateral strike next year if Tehran continues on its present course.At the State Department, officials unveiled yet more sanctions on Iran, targeting the communications minister and the culture ministry among others for censoring the media and the internet.


Saturday, November 3, 2012

NEWS,03.11.2012



President Barack Obama


As the 44th president of the United States, Barack Obama, aged 51, passed a revamp of the national healthcare system and authorised the raid that killed Osama bin Laden but struggled to revive the economy and create jobs.Ahead of the US presidential election on Tuesday, here are key facts about Obama, the nation's first black president.Barack Obama has a personal background like no other president in US history. His mother, Ann Dunham, was a white woman from Kansas and his father, Barack Obama Snr, was a black Kenyan who saw little of his son after a divorce when the boy was a toddler. Obama spent much of his childhood in Indonesia and then Hawaii, where he lived with his maternal grandparents.Obama struggled with his mixed racial background while growing up, writing in a memoir that he wondered "if something was wrong with me". He also was troubled by the absence of his father, who he considered a "myth", and said that may have contributed to him using marijuana and cocaine in his youth.Obama graduated from New York's Columbia University in 1983 and then worked in the business sector in New York and for a Chicago community group. In 1988 he went to Harvard Law School, where he became the first black president of the prestigious Harvard Law Review.Obama's relationship with Congress is not great. Even when Democrats controlled the House of Representatives and the Senate, Republicans often stymied his initiatives. The situation became more difficult when tax-averse Republicans took over in the House in 2010.In the early 1990s Obama worked in a voter registration campaign in Chicago, taught constitutional law at the University of Chicago and joined a law firm that specialised in civil rights and neighbourhood development. He married Michelle Robinson, who he met at a law firm when he was an intern and she was assigned to be his adviser.In his rare spare moments, the lanky Obama pursues his lifelong love of basketball with semi-regular games at an FBI gym. He also makes time for school functions and sports events of daughters Sasha and Malia and tries to get out for an occasional "date night" with his wife.Obama's political career began with election to the Illinois State Senate in 1996 and soared in 2004 when he gave a rousing keynote address at the Democratic National Convention. In November of that year he was elected to the US Senate.Obama won the 2008 Democratic presidential nomination by defeating Hilary Clinton, the former first lady and New York senator, and then took the presidency by beating Republican Senator John McCain. His energetic campaign was built on a theme of "hope and change" fuelled by powerful oratory.A mood of national optimism prevailed at Obama's 20 January 2009, inauguration, which drew an estimated 1.8 million people to the National Mall in Washington despite bitter cold. He began his presidency with a 68% approval rating.Obama simultaneously oversaw wars in Iraq, which he ended in 2011, and Afghanistan, as well as the US military involvement in Libya that helped oust Muammar Gaddafi. In May 2011 he authorised the raid in which US Navy Seals killed al-Qaeda leader Osama bin Laden in Pakistan - a triumph he points to as indicative of a strong national security policy.Obama inherited an economic crisis so persistent that it remains a threat to his re-election. Almost 800 000 jobs were lost the month he took over. In the early days of his administration, he pushed through an $831bn economic stimulus package and renewed loans to automakers, even making the government a temporary part-owner of General Motors.The centrepiece of his domestic agenda was the Affordable Care Act, the healthcare reform law better known as Obamacare. Its purpose is to give all Americans affordable insurance and more protections but critics say it is expensive federal interference. A key aspect of the reform requiring most Americans to get insurance or pay a penalty survived a 2012 US Supreme Court challenge.Obama has a reputation as a charming communicator but he also is criticised for being aloof and not building better relationships with congressional leaders. Some have questioned his preparation skills, especially after a sub-par performance in a presidential debate with Republican opponent Mitt Romney.

Romney, Obama power into final weekend


President Barack Obama and Republican foe Mitt Romney on Saturday power into a final weekend of campaigning before handing their fates to voters after a bitter, gruelling White House race.The rivals will chase one another through the battleground states that will decide Tuesday's election, with Obama seeking to solidify his midwestern line of defence, while Romney seeks an eleventh hour breakthrough.Obama will campaign in Ohio, the possible tipping point state, before heading to Wisconsin and Iowa, his trio of "firewall" battlegrounds ahead of a late night rally in Virginia, where he still hopes for an insurance win.Romney, fresh from the biggest rally of his campaign, which drew around 18 000 people on a cold night in West Chester, Ohio, on Friday will travel to New Hampshire, Iowa and Colorado.In a show of close combat on the last weekend of the campaign, both candidates will be in the eastern Iowa town of Dubuque, within hours of one another.Romney warmed up for the frenzied last weekend with a huge rally in Ohio, bringing together his former primary rivals Rick Santorum and Rick Perry, along with Obama's 2008 rival John McCain.In all, 45 lawmakers and relatives of the candidate and running mate Paul Ryan wearing Romney jackets attended the rally near the Republican stronghold of Cincinnati."We're almost home. One final push will get us there," Romney said before a crowd police estimated to be at least 18 000 strong. "We are so very, very close. The door to a brighter future is there, it's open, it's waiting for us."Obama had earlier evaded a last-minute time bomb as the economy pumped out more jobs than expected in October, delivering a boost to his re-election hopes as the final weekend of campaigning begins.Romney, however, seized on an uptick in the jobless rate by a tenth of a point to 7.9% to bemoan an economy at a "virtual standstill".After several weeks of polls suggesting a neck-and-neck race, there were new signs that Obama's position, as he seeks a second term, may be solidifying.National polls of the popular vote now mostly show a tied race or with either man up one point but with time running out Obama's position in key battleground states seems to be holding.The candidate that wins the White House will need to mass 270 electoral votes on the state-by-state map.Obama is asking voters for a second term, despite the sluggish economic recovery, while Romney is seeking a quick comeback for Republicans after George W Bush left office in 2009 with the party in disarray.All Obama's polling leads were within the margin of error, however, and both campaigns, though expressing confidence, will face a nervous night as results roll in on Tuesday and test their assumptions about the race.Obama, perhaps mindful of millions of Americans suffering from the lingering impact of the worst recession since the 1930s, avoided a triumphal tone on the jobs data that sent relief rippling through his campaign team."We have made real progress," Obama said, in Hilliard, on the first stop of a day-long swing through small towns in Ohio, which could be a tipping point state in a tied-up election.Romney highlighted the fact that, although the economy is creating jobs at a moderate pace, unemployment remains at historically high levels."For four years, President Obama's policies have crushed America's middle class," Romney said in a statement."When I'm president, I'm going to make real changes that lead to a real recovery, so that the next four years are better than the last," said Romney, who started his day in Wisconsin and ended it in Ohio.The release of the final major economic data before the election had worried Obama aides who feared that a leap in the rate above the psychological 8% mark could have sent late-deciding voters to Romney.But although the data was far from spectacular - with 171 000 jobs created last month - there was enough in the report, including upward revisions of previous monthly figures, for Obama to argue the economy was improving.Obama, campaigning in Ohio on Friday repudiated Romney's claim to being an agent of change, accusing him instead of trying to "massage the facts", highlighting a Romney ad that claims that Chrysler plans to outsource jobs to China to produce its Jeep vehicles."I know we are close to an election, but this isn't a game. These are people's jobs. These are people's lives," Obama said, noting that auto bosses had directly contradicted Romney on the attack.The president repeatedly touts his decision to bail out indebted US automakers in a politically unpopular 2009 move that helped restore the industry to health.One in eight jobs in Ohio are linked to the sector, and Romney's opposition to the bailout has emerged as a liability for the Republican.A CNN/Opinion Research poll showed Obama up three points in Ohio, raising his average in the RealClearPolitics aggregate of opinion surveys in the state to 2.4 points.The president also leads Romney in enough of the eight or so swing states to assure himself of the 270 electoral votes needed for re-election, if polling data is confirmed by voting.

Romney hits Obama on 'revenge' vow


Republican nominee Mitt Romney chided President Barack Obama on Saturday for calling on Americans to vote for "revenge" as the battle for the White House raced to an ill-tempered climax.Three days before voters chose between giving Obama a second term or sending him packing back to Chicago, the rivals chased one another through a handful of states that will decide Tuesday's too-close-to-call election.Romney was up early in New Hampshire, which has only four of the 270 electoral votes needed to claim the White House but could punch above its weight in a tight finish, accusing Obama of "demonising" political foes."I won't represent just one party, I'll represent one nation," Romney told a crowd at an airport rally outside Portsmouth, and warned Obama would find it impossible to work with congressional Republicans if he wins re-election.Romney also debuted a new political ad on Saturday, seizing on Obama's comment in Ohio on Friday when he told supporters angry at the Republicans not to boo but to vote, saying "voting's the best revenge".The ad featured Romney telling his biggest crowd of the campaign in Ohio also Friday that Obama "asked his supporters to vote for revenge - for revenge"."Instead, I ask the American people to vote for love of country," Romney said.While Romney was campaigning, Obama was back in Washington visiting the headquarters of the Federal Emergency Management Agency (FEMA) as New York and New Jersey struggle to deal with the aftermath of murderous superstorm Sandy."We still have a long way to go," said Obama, stressing he had no time for government "red tape" which could hold up the relief effort, after discussing the crisis with the governors of New Jersey, Connecticut and New York.The Obama campaign enjoys the comparison between Obama doing his job managing the government while Romney campaigns as polls show a majority of Americans approve of the president's handling of Sandy.With time running down until the election, Obama soon headed back to the campaign trail, with a long day of campaign stops planned in Ohio, the possible tipping point state before heading to Wisconsin and Iowa.He will wrap up his day with a late night rally in Virginia, a state where he and Romney are locked in a tight race.Romney, fresh from the biggest rally of his campaign, which drew at least 18 000 people on a cold night in West Chester, Ohio, left New Hampshire for trips to Colorado and Iowa.In a show of close combat on the last weekend of the campaign, both candidates will be in the eastern Iowa town of Dubuque, within hours of one another.Latest polls show Obama and Romney tied nationally, but Obama appears to be solidifying his position in enough of the eight or so swing states that will decide the election to support his hopes of a second term.New surveys by the Wall Street Journal and NBC News Saturday showed the president up by 47-49% in Florida and leading Romney by 51-45 % n Ohio, double the margin in the current RealClearPolitics average.A Mason Dixon poll for the Miami Herald, however, had Romney up by six points in Florida, which the Republican, who also needs Ohio, cannot afford to lose if he is to be elected America's 45th president.The Obama and Romney campaigns have sharply differing views of the race.The president's team believe that early voting and polling data, plus the president's grass roots turnout machine, mean that Obama will prevail in a close race.But Romney's camp believes opinion polls are overstating the proportion of Democrats in the electorate and that their candidate is poised to ride the support of independent voters to victory on Tuesday.On Friday, Obama earlier evaded a last-minute time bomb as the economy pumped out more jobs than expected in October.Romney, however, seized on an uptick in the jobless rate by a tenth of a point to 7.9% to bemoan an economy at a "virtual standstill".Obama, campaigning in Ohio Friday repudiated Romney's claim to being an agent of change, accusing him instead of trying to "massage the facts", highlighting a Romney ad that claims that Chrysler plans to outsource jobs to China to produce its Jeep vehicles."I know we are close to an election, but this isn't a game. These are people's jobs. These are people's lives," Obama said, noting that auto bosses had directly contradicted Romney on the attack.The president repeatedly touts his decision to bail out indebted US automakers in a politically unpopular 2009 move that helped restore the industry to health.One in eight jobs in Ohio are linked to the sector, and Romney's opposition to the bailout has emerged as a liability for the Republican.

Saturday, October 20, 2012

NEWS,20.10.2012



1 000s rally against UK austerity drive


Tens of thousands of people took to the streets of London and other British cities on Saturday in protest against government spending cuts, with union leaders expected to call for a general strike.Marchers carried signs reading "No cuts" and "Cameron has butchered Britain", condemning the austerity measures introduced by Prime Minister David Cameron's coalition government in a bid to reduce Britain's huge deficit."This is not a crisis that is going to sort itself out through cuts," 19-year-old protester Jonathan told."We've had a double-dip recession now, and we are here today to show we are not going to stand it any longer."Britain climbed out of a deep economic downturn in late 2009 but fell back into recession at the end of 2011.Protesters paused to boo at Cameron's Downing Street residence, and shouted "Pay your taxes!" at a Starbucks coffee shop.Starbucks was embroiled in a row this week after it was reported that the US giant paid just 8.6 million ($13.8m) in British corporation tax over 14 years.At a huge rally in Hyde Park at the end of the march, opposition Labour leader Ed Miliband attacked Cameron for "cutting too far and too fast"."He clings to an economic plan that isn't working," Miliband told protesters. "Self-defeating austerity is not the answer.""Austerity isn't working"But Miliband was booed by the crowd when he said that any government in power at the moment would have to make some spending cuts."There will still be hard choices," he said. "I do not promise easy times."Brendan Barber, general secretary of the Trades Union Congress umbrella body, said the cuts were "hammering the poorest and the most vulnerable"."We have a stark and united message for the government," he was due to tell the Hyde Park rally."Austerity isn't working. It is hitting our jobs, our services, our living standards."His speech added: "Ministers told us that if we only accept the pain, recovery would come. Instead we have been mired in a double dip recession.” Dave Prentis, leader of Britain's biggest public sector trade union Unison, said government cuts were pushing hundreds of thousands of state employees out of work."We are here for the millions of people who don't have a voice," he said. "We just can't take any more."But Cameron, whose Conservative Party shares power with the centrist Liberal Democrats, insisted that that spending cuts were needed to balance Britain's budget."Today Ed Miliband is headlining a rally calling for an end to every single spending cut needed to clear the deficit," he said in a message posted on his Twitter account.London's Metropolitan Police did not provide an estimate for the number of demonstrators, but the TUC expected tens of thousands of people to join the 4.8km march.Scottish police said about 5 000 people took part in the Glasgow protest.

Obama, Romney gear up for final debate


US President Barack Obama and his Republican rival, Mitt Romney, on Saturday began preparing for their final debate, with Obama hunkering down at Camp David and Romney staying in Florida.The third and last of their debates is scheduled for Monday at Lynn University in Boca Raton, Florida.On Friday, Obama set an aggressive tone accusing Romney of suffering from policy "Romnesia", a barb dismissed by the Republican as pettiness 18 days before the election.One night earlier, both men had traded light-hearted banter at a charity dinner, but on Friday the verbal attacks turned nasty, with the Democratic incumbent taunting Romney's efforts to tack to the center as polling day looms."Mr.Severely Conservative wants you to think he was severely kidding about everything he said over the last year," Obama said at a rally attended by some 9,000 people at a university campus outside Washington.The Obama camp's previous bid to skewer Romney with insulting tags - such as pushing the Robin-Hood-in-reverse term "Romney Hood" to tarnish his tax policies - have done nothing to protect the president's shrinking poll lead.But, with the pair's last of three head-to-head debates set for Monday, the campaign returned to its tried and tested formula of branding Romney an untrustworthy flip-flopper."I mean, he's changing up so much and backtracking and sidestepping, we've got to name this condition that he's going through. I think it's called 'Romnesia.' That's what it's called," Obama told the crowd.The Republican nominee meanwhile campaigned in the biggest political battleground of all, Florida, where Monday's debate will be held, and he didn't hesitate to strike back at the president's comments."They've been reduced to petty attacks and silly word games," Romney told a crowd of more than 8,500 people at Daytona Beach, adding that Obama's re-election bid "has become the incredible shrinking campaign.""This is a big country, with big opportunities and great challenges, and they keep on talking about smaller and smaller things."Romney, accompanied by his running mate Paul Ryan, laid into the incumbent for failing to map out his plan for another four years should he win re-election."They have no agenda for the future, no agenda for America, no agenda for a second term."While Romney's camp dismissed Obama's taunt as a gimmick, the image of Romney as a flip-flopper, one that his fellow conservatives have hit him with in the past, might yet gain traction with undecided voters.ShamelessOne source that definitely does not back the multimillionaire private equity baron is The Salt Lake Tribune, the local paper in the home city of Romney's Mormon faith, albeit a liberal one that endorsed Obama in 2008.In an editorial, the paper lavished praise on Romney for saving the city's 2002 Winter Olympics, but said his subsequent courting of the right-wing Tea Party movement and refusal to detail his tax plan should rule him out."Romney has raised the most frequently asked question of the campaign: 'Who is this guy, really, and what in the world does he truly believe?'" it said."Politicians routinely tailor their words to suit an audience. Romney, though, is shameless, lavishing vastly diverse audiences with words, any words, they would trade their votes to hear."While Obama was addressing crowds in Virginia, a state he won narrowly in 2008 but where Romney is making up ground, his Vice President Joe Biden flew to Florida, where three of the race's four main figures were stumping for votes.Obama won both states in 2008, but as a measure of the tightness of this year's contest, the two are now up for grabs, with Florida leaning toward Romney, according to a widely-read poll average by website RealClearPolitics.There, Romney won an endorsement from the Orlando Sentinel, whose editorial reflected a widely-held disappointment in Obama's handling of the economy."We have little confidence that Obama would be more successful managing the economy and the budget in the next four years," wrote the editors, who endorsed Obama in 2008.On Monday night both men will be in the Sunshine State, in Boca Raton for a televised debate focused on foreign affairs.Going into the campaign, Obama was seen as strong on foreign policy, thanks to his withdrawal of US troops from Iraq and decision to order a mission that killed Aa-Qaeda kingpin Osama Bin Laden.But Romney's camp has hammered the president on his handling of the Middle East, accusing him of neglecting ally Israel and of underestimating the threat of extremist passions unleashed by the Arab Spring revolts.


Castro rumour mill continues to churn


The rumour mill surrounding the health of Fidel Castro churned anew on Friday despite a letter from the aging Cuban revolutionary published by state media and denials by relatives at home and in the United States that he is on death's door. Social media sites and some news organisations have reported allegations by a Venezuelan doctor that Castro, 86, suffered a massive stroke, was in a vegetative state and had only weeks to live, though the same doctor, Jose Rafael Marquina, has made some claims before that have not panned out.Marquina told the newspaper ABC in Spain that Castro had suffered a "massive embolism of the right cerebral artery" and while not on life support or breathing artificially, was "moribund" at a house in a gated former country club in western Havana.Marquina also said Venezuelan President Hugo Chavez had travelled suddenly to Havana to be with his friend and ally, an account that could not be immediately verified.Reached by The Associated Press, Marquina said his sources were in Venezuela, but he would not identify them or say how they were in a position to have information about Castro's health.He also indicated he had received corroborating evidence from sources on Twitter, but would not say who.In April, Marquina said that Chavez, who has been battling an undisclosed kind of cancer, was in his "last days" and would not last to November. With less than two weeks to go, the Venezuelan leader says he's beaten the illness and appears stronger in public.Castro's health is considered a matter of national security in Cuba and few details are released.Rumours that the former Cuban leader has died or is near death have circulated repeatedly for years, but they gained force after he failed to issue a public statement congratulating Chavez on his 7 October election victory.Castro has not been seen in public since March, when he received visiting Pope Benedict XVI. He has also stopped writing his once-constant opinion pieces, the last of which appeared in June.There was no immediate comment from the Cuban government on the latest claims, but a letter attributed to Castro was published Thursday by Cuban state media. In it, he congratulated graduates of a medical school on the occasion of its 50th anniversary.Two close family members of Castro have also recently denied he is in grave condition. Juanita Castro, the former leader's sister, told  in Miami that reports of her brother's condition are "pure rumors" and "absurd."Son Alex Castro told a reporter for a weekly Cuban newspaper that his father "is well, going about his daily life".