Showing posts with label palestinian. Show all posts
Showing posts with label palestinian. Show all posts

Saturday, July 27, 2013

NEWS,27.07.2013



Obama marks Korean war truce


US President Barack Obama is marking the 60th anniversary of the end of the Korean War.

Obama is delivering remarks on Saturday at a commemorative ceremony at the Korean War Veterans Memorial on the National Mall.

The 1950 - 1953 Korean war pitted North Korean and Chinese troops against US-led UN and South Korean forces. It ended on
27 July 1953 - 60 years ago on Saturday - with the signing of an armistice.

But a formal peace treaty was never signed, leaving the
Korean Peninsula in a technical state of war and divided at the 38th parallel between its communist north and democratic south.

At least 2.5 million people were killed in the fighting.

In a proclamation declaring on Saturday as National Korean War Veterans Armistice Day, Obama said the anniversary marks the end of the war and the beginning of a long and prosperous peace.

In the six decades since the end of hostilities, Obama said,
South Korea has become a close US ally and one of the world's largest economies.

He said the partnership remains "a bedrock of stability" throughout the Pacific region, and gave credit to the
US service members who fought all those years ago and to the men and women currently stationed there.

Japan military plan worries China


China's Defence Ministry on Saturday urged international vigilance of Japan's military plans after it unveiled an interim report calling for strengthened armed forces, including the possible acquisition of the ability to hit enemy bases.

Japan's proposal  its latest step away from the constraints of its pacifist constitution  is part of a review of defence policy by Prime Minister Shinzo Abe's government, which released an interim report on the issue on Friday. Final review conclusions are due by the end of the year.

Japan's Defence Ministry also said it would consider buying unmanned surveillance drones, create a force of Marines to protect remote islands, such as those disputed with China, and consider beefing up the ability to transport troops to far-flung isles.

"The sections about
China in this report by Japan are playing on the same old themes, exaggerating the military threat from China, and have ulterior motives," China's Defence Ministry said in a statement on its website.

"This year,
Japan has come up with all kinds of excuses to continue to expand its armaments... creating tensions in the region. These moves deserve the highest vigilance from neighbouring countries in Asia and from the international community," it said.

Security environment

The hawkish Abe took office in December for a rare second term, pledging to bolster the military to cope with what
Japan sees as an increasingly threatening security environment including an assertive China and an unpredictable North Korea.

Abe called on Friday for a leaders' summit or a foreign ministers' meeting between his country and
China as soon as possible.

But Abe's appeal drew a cool reaction from
China which accused Japan of lacking sincerity.

Over the past year,
China's stand-off with Japan over a string of uninhabited rocky islands in the East China Sea known as the Senkaku in Japan and Diaoyu in China has become more acrimonious.

China also believes that Japan has never properly atoned for its brutal invasion and occupation of parts of the country before and during World War Two.

Europe's Incomplete One-Year Anniversary


Exactly a year ago when Mario Draghi, the well-respected president of the European Central Bank (ECB), made his now-famous "whatever it takes" remarks.
Twelve months later, this stands out as the boldest and most successful initiative in the history of modern central banking. Yet the durability of the benefits is undermined by Europe's frustratingly slow progress in getting to grips with its growth and employment deficits.
Europe's economic context was a daunting one that sunny day in London.
The Eurozone's financial system was fragmenting and deposits were fleeing struggling banks. Credit intermediation was coming to a complete stop, starving companies of working capital and putting investment plans on hold. Financial markets were in turmoil, with surging borrowing costs threatening sovereign creditworthiness and eroding liquidity.
In essence, Europe stood on the verge of a great depression, facing an immediate future of serial bankruptcies and massive unemployment.
In a conference organized by the British government, Mr. Draghi took the stage for a panel of central bankers' panel. In addition to those in the room attending the "Global Investment Conference," the event was well covered by the media and simultaneously streamed to nervous world markets.
Mr. Draghi totally upstaged his colleagues on the panel. He directly and frankly addressed the what, how and why of Europe's enormous financial strains. Comparing the Eurozone to a bumble bee that is able to fly despite seemingly-irregular aerodynamic properties, he confidently and calmly re-assured all that were listening that "the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough."
It was an extremely bold step.
Mr. Draghi courageously placed the ECB front and center in what were (and still are) complicated and stressful political interactions among the 17 member governments of the Eurozone. He seemingly did so without fully consulting with his colleagues on the central bank's governing council. And he put forward ambitious claims without concrete measures to back them as yet. (These came later, culminating in a dramatic ECB announcement in September.)
It also turned out to be an extremely successful step.
Without spending a single Euro, Mr. Draghi calmed markets, reversed the bank deposit flight and allowed the financial system to partially heal. In the process, he managed to unify a governing council that could have easily disintegrated into one big national political mess - thus bringing an important element of coherence to often-erratic cross-border and regional interactions.
Yet I suspect that the one-year celebration will not be an entirely satisfactory one for Mr. Draghi and his ECB colleagues.
While they brilliantly delivered and did so by literally making it up as they went along national and regional politicians have lagged. As such, the financial improvement has not been accompanied by a meaningful change in what matters most: namely, the ability to generate economic growth, create jobs and arrest excessive income and wealth inequalities.
Europe's incomplete anniversary speaks to a broader phenomenon that serially frustrates the global economy from recovering fully from the shock of the 2008 global financial crisis: Politicians have failed to exploit the window offered by experimental central bank policies, and continue to do so.
In Europe, national governments still differ on the causes of the region's malaise; and if you cannot agree on history or at least put it aside it is hard to press forward with a unified and credible vision that gets sufficient buy-in from naturally-skeptical citizens.
In the United States, a polarized Congress has undermined virtually every policy step proposed by the Obama Administration to bring the economy closer to escape velocity for economic growth and job creation; and Capitol Hill has done so regardless of merit and need. As such, the Federal Reserve has felt compelled to venture deeper and deeper into experimental policies, raising concerns about collateral costs and unintended consequences.
In celebrating the one-year anniversary, the West would be well advised to look beyond the great success of a courageous (and extremely cost effective) policy measure.
We should also think in terms of foregone opportunities. And we should constantly remember the millions of unemployed, the alarmingly high joblessness among the young, the struggles that too many face in securing their families wellbeing, and the growing number of retirees that are legitimately worried about their pensions.
They all serve as a vivid reminder of an incomplete success. Hopefully, they will also add to the calls for more comprehensive and durable actions.

Israel's Cabinet To Vote On Freeing Palestinian Prisoners Ahead Of Peace Talks

In April 1993, Omar Masoud and three accomplices broke into a European aid office in Gaza City, grabbed a young Israeli lawyer working there and stabbed him to death.
Israel arrested Masoud a month later and sentenced him to life, meaning he was doomed to die in prison one day for killing the lawyer in the name of the Popular Front for the Liberation of Palestine, a small PLO faction.
Now Masoud, along with dozens of other long-term Palestinian prisoners, is up for release as part of U.S. Secretary of State John Kerry's attempt to restart Israeli-Palestinian talks after five years of diplomatic paralysis.
Israel's Cabinet is being asked to approve a prisoner release in principle on Sunday, as part of a Kerry-brokered deal to get the two sides back to the table.
The Cabinet vote would pave the way for a preliminary meeting of Israeli and Palestinian negotiators in Washington on Tuesday, followed by up to nine months of talks in the region on setting up a Palestinian state alongside Israel. Such a deal has eluded Israelis and Palestinians for two decades and they have low expectations.
The fate of those held in Israeli jails is an emotionally wrought issue for Palestinians, who view the prisoners as heroes who made personal sacrifices in the struggle for statehood.
A prisoner release particularly of lifers with "blood their hands" would go a long way toward giving Palestinian President Mahmoud Abbas a popular mandate to give talks another shot, even if many Palestinians believe Israel's hardline prime minister, Benjamin Netanyahu, is not serious about a deal.
Israelis tend to view the prisoners as cold-blooded terrorists, and early releases of security prisoners in previous swaps elicited vociferous objections from the public, including Supreme Court appeals.
For Israel's government, approving the release of prisoners it refused to free in the past even if in stages and linked to progress in talks poses the most difficult test so far of its professed willingness to reach a peace deal.
In a statement late Saturday, Netanyahu said that a decision to release prisoners is "painful to the bereaved families, painful to the people of Israel and very painful for me."
Yet, he said, prime ministers "are required from time to time to take decisions that are against public opinion if it is important to the state," signaling he is pushing for Cabinet approval of the release.
Abbas, meanwhile, briefed reporters on the terms of the upcoming negotiations, based on what he said were Kerry's assurances to him. He said the American invitation would state that the talks will be about establishing a Palestinian state next to Israel, based on the 1967 borders and with mutually agreed upon land swaps.
The Palestinians want to set up a state in the West Bank, Gaza and east Jerusalem lands Israel captured in 1967. In previous negotiations, Abbas offered to trade 1.9 percent of West Bank land for the same amount of Israeli territory, a swap that would enable Israel to keep some of the dozens of Jewish settlements it has built since 1967.
Israeli officials have declined comment on the negotiations. Netanyahu refused in the past to accept the 1967 lines as a starting point, and it's not clear whether his position has changed.
Abbas said the situation would become clearer after Sunday's Cabinet meeting.
A senior Palestinian official said the Palestinians would go to talks without Israel having agreed to a freeze of settlement building in the West Bank and east Jerusalem. Nearly 600,000 Jews already live there, and thousands of homes are under construction.
In guidelines for the talks requested by the Palestinians, Kerry stipulated earlier this month that both sides have to refrain from unilateral steps, according to the Palestinian official, who spoke on condition of anonymity because of a gag order the U.S. secretary of state slapped on the negotiators.
The Palestinians understand this to mean that Israel will slow down settlement construction and refrain from provocative steps, such as announcing new projects, the official said. The Palestinians, in turn, will suspend plans to seek further recognition at the U.N. General Assembly, which last year recognized a state of Palestine in the 1967 borders. Israel fears further international isolation as a result of Palestinian activity at the U.N.
Abbas has argued he would need either a settlement freeze or Israeli recognition of the 1967 lines as a baseline to be able to resume negotiations.
In Sunday's Cabinet meeting, ministers will be asked to vote on a number of fateful issues, an official in Netanyahu's office said, speaking on condition of anonymity in line with briefing regulations.
The ministers will be asked to authorize the resumption of talks with the Palestinians and appoint a team reportedly the premier and three ministers to oversee the negotiations.
They will be asked to approve an amended bill that would require a national referendum on any partition deal with the Palestinians.
Netanyahu's decision to fast-track the referendum bill has prompted contradictory speculation. Some say this shows the lifelong hawk is serious about a deal this time and wants to silence opposition by ultra-nationalists in his Likud party and his coalition from the outset. Others suspect he is trying to create new obstacles to any agreement.
The Cabinet ministers would also have to approve, in principle, a release of Palestinian prisoners who were arrested before the start of the so-called Oslo talks on interim peace deals in the early 1990s.
Abbas gave Kerry a list of 104 names, including that of Omar Masoud who is No. 77, ranked by seniority. The two longest-held at the top of the list are cousins Karim and Maher Younis, imprisoned since 1983 for kidnapping and killing an Israeli soldier, Palestinian officials said.
When Israeli media reported last week that Israel would only release 82 and that Palestinians from Israel and east Jerusalem would not be freed, Abbas asked Kerry for clarifications.
The U.S. diplomat gave Abbas to understand that all 104 would be freed, said a Palestinian official, also speaking anonymously to avoid violating Kerry's call for discretion. The prisoners are to be released in four stages over six months, beginning a month after the resumption of talks, the official said.
As of late June, nearly 5,000 Palestinians were being held by Israel.
Masoud's mother, 70-year-old Tamam, said she is optimistic.
"I hope everything will work out between Jews and Arabs," she said, speaking in her shack in the Shati refugee camp. Abbas "took a good step by talking about releasing prisoners," she said.
Omar Masoud's family was evasive when asked about the killing, portraying it as the rash act of an immature youth. A recent prison photo of him showed a balding middle-aged man who his mother says often cooks for other prisoners because of his work experience as a teenager in an Israeli restaurant.
Despite considerable opposition in Israel to prisoner releases, polls indicate a majority support a resumption of peace talks. Yuval Diskin, former head of Israel's domestic security agency Shin Bet, expressed that ambivalence.
He noted that he opposed a 2011 swap in which Israel agreed to free some 1,000 Palestinians for an Israeli soldier held by Gaza militants, but that the upcoming round of talks may be the last chance for a deal.
"We need to understand that the negotiations cart is stuck in very, very deep mud," he told Israel TV's Channel 10 on Friday. "And there are some very painful things that will need to happen in order to get that cart out of the mud."

Wednesday, June 26, 2013

NEWS,26.06.2013



Marcus: Global recovery years away


If things do not get any worse it will probably still take a number of years before the world is back to more normal growth and output gaps are fully closed‚ Reserve Bank governor Gill Marcus cautioned on Tuesday.

Speaking at a FM Top Companies awards function‚ she said there would probably be at least one or two more forms of the crisis before it could safely be said that recovery was sustainable.

“The economic environment is a difficult one. The world is in its sixth year of crisis: a crisis that has repeatedly mutated‚ shifting its epicentre from a sub-prime crisis to systemic banking crisis; a liquidity‚ fiscal deficit and sovereign debt crisis. Measures taken to address each of these elements have had unintended consequences. Austerity measures have contributed to an unemployment crisis of immense proportions‚ particularly for the young.

“There will probably be at least one or two more forms of the crisis before we can safely say that recovery is sustainable. And even then‚ as we can see in the United States where there are signs of recovery‚ the measures that are outlined to be taken very cautiously and with considerable conditionality‚ such as a tapering off of Quantitative Easing‚ have also had unintended consequences‚” Marcus said.

As had been seen in recent days and weeks‚ the exchange rates of many emerging market economies had been impacted negatively by an outflow of capital. This development could well mark the start of a new mutation of the ongoing global crisis‚ she added.

“If things do not get any worse it will probably still take a number of years before the world is back to more normal growth and output gaps are fully closed. Even then‚ there is debate about whether that new normal would be at a lower rate of growth than in the past. All in all‚ it is a very uncertain and difficult decade for individuals‚ companies and countries‚” Marcus said.

South Africa’s weak first quarter annualised growth rate of 0.9 per cent was‚ to some extent‚ consistent with what was seen happening globally and in other emerging markets and these developments had‚ in part‚ contributed towards a weaker rand exchange rate. But domestic factors had also contributed.

“These have to do with lost production in the mining sector‚ instability caused by violent and often illegal strike action and persistent capacity constraints in infrastructure‚ electricity in particular‚” Marcus noted.

The source of this vulnerability‚ she pointed out‚ was primarily a large current account deficit‚ a high budget deficit‚ rising public debt and relatively low foreign exchange reserves as well as high household indebtedness and inflation close to the top of the target range - all suggesting limited room for fiscal or monetary support.

Berlin hails US ties 50yrs after JFK speech


Germany hailed the endurance of transatlantic ties on Wednesday on the 50th anniversary of US president John F Kennedy's stirring Cold War declaration "Ich bin ein Berliner", with celebrations across the reunited city.

Ahead of the main commemoration ceremony at the old
West Berlin town hall where JFK addressed 450 000 people in 1963, Foreign Minister Guido Westerwelle said the historic speech remained "unforgettable for us Germans".

"Berlin was a divided city, the Cold War had separated Germans along the Wall," he said in a statement. "President Kennedy gave Berliners new hope in difficult times and all Germans new confidence."

Westerwelle said last week's visit to Berlin by President Barack Obama, in which he borrowed tropes from Kennedy's speech to call for stronger transatlantic co-operation on global crises, showed that the spirit of Kennedy's pledge was alive and well.

"Shared history has become vibrant German-American friendship, which in a world of fundamental change is as important today as it was then," he said.

"In his speech at the
Brandenburg Gate, President Obama underlined the partnership of values that binds us together which Kennedy had hailed. That is a good foundation to weather the challenges of 21st century globalisation together."

‘Ich bin ein Berliner’

Kennedy's eight-hour visit on
26 June 1963 came at a critical stage of the Cold War, and Berlin was on the front line.

It was only a year since the
United States and Soviet Union nearly went to war in the Cuban missile crisis, and two years after East Germany's communist regime erected the Berlin Wall, cleaving the city in two.

In an electrifying 10-minute address, Kennedy gave Berliners what they wanted to hear: a condemnation of the Wall and a promise that the free world stood by them.

"Freedom has many difficulties and democracy is not perfect but we have never had to put a wall up to keep our people in, to prevent them from leaving us," the defiant president said, in a firm rejection of communist appeasement.

At the end, Kennedy uttered the immortal words: "All free men, wherever they may live, are citizens of
Berlin and therefore, as a free man, I take pride in the words 'Ich bin ein Berliner' [I am a Berliner]."

His vow, just five months before he would be assassinated in
Dallas, was greeted with rapturous applause from the crowds of Berliners thronging the square.

Democrat wins US Senate election


Longtime Democratic US Representative Edward Markey defeated Republican political newcomer Gabriel Gomez in a special election on Tuesday for the state's US Senate seat long held by John Kerry.

Markey, aged 66, won the early backing of Kerry and much of the state's Democratic political establishment, which was set on avoiding a repeat of the stunning loss it suffered three years ago, when Republican state Senator Scott Brown upset Democratic state Attorney General Martha Coakley in the election to replace the late Democratic Senator Edward Kennedy.

Gomez, a 47-year-old businessman and former Navy Seal, positioned himself as a moderate and
Washington outsider who would challenge partisan gridlock, contrasting himself with Markey, who was first elected to the US House of Representatives in 1976.

Markey defeated Gomez by a margin of 55% to 45%. His victory does not change the balance of power in the Senate since Governor Deval Patrick had appointed a Democrat to fill the seat for several months until the special election. There are currently 52 Democrats and two independents who caucus with the majority in the 100-seat Senate.

Tuesday's contest served as a reminder that President Barack Obama has vowed to play a more aggressive political role for his party through next year's mid-term elections with huge stakes for his legacy and final-term agenda. Democrats face several competitive Senate contests in less-friendly terrain in 2014, when their grip on the Senate majority will be tested.

The White House, led by Obama himself, invested heavily in the Massachusetts' election, fuelled largely by widespread fear of another Brown-like surprise.

Moral victory

"The people of
Massachusetts can be proud that they have another strong leader fighting for them in the Senate, and people across the country will benefit from Ed's talent and integrity," Obama said in a statement on Tuesday night.

Republicans claimed a moral victory of sorts, having forced Democrats to deploy their biggest political stars in an election in which Markey enjoyed significant advantages in Democrat-friendly
Massachusetts. Markey's victory follows personal visits by Obama, First Lady Michelle Obama, Vice President Joe Biden, and former President Bill Clinton.

Markey, who declared victory two hours after the polls closed, ticked off a slew of legislative priorities. He said he wanted to help spark a "green energy revolution", protect seniors, boost job growth in
Massachusetts and ensure young people can attend college without shouldering enormous debt.

Gomez said he called Markey to congratulate him and wished him "nothing but the best". He said he'd waged the campaign with honour and integrity but was heavily outspent by Democrats in the five-month election.

"Not every fight is a fair fight," Gomez said in his concession speech. "Sometimes you face overpowering force. We were massively overspent. We went up against literally the whole national Democratic Party. And all its allies."

Markey outspent Gomez throughout the race, and Republicans were unable to match a well-oiled Democratic field organisation in an election that saw relatively light turnout in much of the heavily Democratic state.

Kerry left the Senate this year after being confirmed as
US secretary of state. Markey will fill out the remainder of Kerry's term, which expires in January 2015, meaning that another Senate election will be held a year from November.

Though Markey has a lengthy career in Congress, he will become the state's junior senator to Elizabeth Warren, who has been in office less than six months after defeating Brown in November.

Snowden spends 4th day at Moscow airport


US intelligence leaker Edward Snowden on Wednesday spent a fourth day at a Moscow airport with his onward travel plans still a mystery after Russian President Vladimir Putin rejected calls for his extradition to the United States.

The United States told Russia it has a "clear legal basis" to expel Snowden but anti-secrecy website WikiLeaks, which helped organise his flight from Hong Kong, said he risks being stuck in Russia "permanently".

Meanwhile
Venezuela's President Nicolas Maduro, who by coincidence is expected in Moscow next week for an energy summit, said Caracas would consider any asylum request from Snowden just as Ecuador is doing.

In his first comments on the chase for the former contractor that has captivated world attention, Putin on Tuesday confirmed that Snowden had arrived in
Moscow but said he had never left the airport's transit zone.

"He arrived as a transit passenger... He did not cross the state border," Putin said at a news conference in
Finland late on Tuesday. "For us, this was completely unexpected," he added.

"Mr Snowden is a free man, the sooner he selects his final destination point, the better for us and for himself," he said.

Travel plans unknown

Snowden who leaked revelations of massive
US surveillance programmes to the media, had been expected to board a flight for Cuba on Monday, reportedly on his way to seek asylum in Ecuador.

But he never did and Putin hinted that his onward travel plans were still unknown. His
US passport has been cancelled but WikiLeaks says he left Hong Kong with a refugee document supplied by Ecuador.

Snowden's extended stay in Moscow has prompted comparisons with the Tom Hanks hit film The Terminal about a man living in an airport, while British gambling website William Hill has opened betting on his final destination.

"Cancelling Snowden's passport and bullying intermediary countries may keep Snowden permanently in
Russia," WikiLeaks said in a statement on Twitter.

The
US urged Russia to use all means to expel Snowden, who arrived at Moscow's Sheremetyevo airport on a flight from Hong Kong on Sunday despite the US issuing a request for his arrest in China.

"While we do not have an extradition treaty with
Russia, there is nonetheless a clear legal basis to expel Mr Snowden," National Security spokesperson Caitlin Hayden said.

Debriefing denied


Hayden said that Snowden could be expelled on the basis of his travel documents and the pending charges against him. However Putin insisted that
Russia could not extradite Snowden as it has no extradition agreement with the United States.

Putin said he would prefer not to deal with cases such as those of Snowden and WikiLeaks founder Julian Assange, who is holed up in Ecuador's embassy in London to avoid allegations of sexual assault in Sweden.

"It's the same as shearing a piglet: There's a lot of squealing and not much wool," he said.

But Putin dismissed speculation that Snowden a potential intelligence goldmine was being purposely held up at the airport to be interrogated by Russian spies.

WikiLeaks also denied he was being debriefed by the Russian security services and confirmed that British activist Sarah Harrison from its legal team "is escorting him at all times".

Snowden had been expected to travel on with the state carrier Aeroflot on Monday to
Havana, but never appeared on the flight. He has not been spotted in the airport, located north-west of Moscow, and is speculated to be inside a capsule hotel in the transit zone.

There is no scheduled flight from Sheremetyevo to
Havana on Wednesday. The RIA Novosti quoted unidentified sources as saying that Snowden had also booked on Tuesday's flight to Havana but the reservation had been cancelled a few hours before take-off.

'Ill-considered pressure'

The Interfax news agency cited an unnamed source in Snowden's entourage claiming he is in limbo because his passport was cancelled by the
US.

"Snowden's American passport is annulled, he has no other ID with him. Therefore he is obliged to stay in the Sheremetyevo transit zone, since he can neither enter
Russia nor buy a ticket," the source said.

Snowden abandoned his high-paying intelligence contractor job in
Hawaii and went to Hong Kong on 20 May to begin issuing a series of leaks on the NSA gathering of phone call logs and internet data, triggering concern from governments around the world.

Hong Kong, a special administrative region under Chinese rule that has maintained its own British-derived legal system, said the US government request to arrest him did not fully comply with its legal requirements.

But White House spokesperson Jay Carney lashed out at
Beijing, saying its failure to "honour extradition obligations" had dealt a "serious setback" to efforts to build trust with new President Xi Jinping.

The United States is applying "ill-considered pressure" that will only serve to "bring Moscow and Beijing closer together", Alexei Pushkov, head of the Russian lower house of parliament's foreign affairs committee, wrote on Twitter on Wednesday.

The dispute risks sharpening tensions between
Washington and Moscow as well as Beijing when they are struggling to overcome differences to end the conflict in Syria.

Hardliner picked as head of Netanyahu party


An Israeli deputy minister and leader of the radical right in Prime Minister Benjamin Netanyahu's Likud has been elected as the head of the party's presidency, reports said on Wednesday.

The election of 42-year-old Danny Danon as Likud president during an initial party vote on Tuesday night enabled him to score political points against the premier, Israeli media said.

The role is largely symbolic, but belies the growing influence of the hardline settler lobby within the rightwing party.

Although Netanyahu will remain as head of the party, members will on Sunday choose who will preside over three key institutions the central committee, the Likud bureau, and the secretariat - in a vote likely to highlight exactly how much of a threat the premier faces from party rebels.

Danon, who serves as deputy defence minister, is widely expected to be voted in as chairperson of the central committee, which decides on all the key policy issues.

Leadership of the Likud bureau, which sets the party's ideology, is expected to go to deputy foreign minister Zeev Elkin, another party rebel.

Wider revolt

And one of the frontrunners for the chairpersonship of the Likud secretariat is Miri Regev, another rebel from the party's far right.

Danon sparked uproar this month when he came out against a Palestinian state a position firmly at odds with Netanyahu's public stance on the issue.

"If Secretary Kerry, whose efforts we support, were to pitch a tent halfway between here and Ramallah - that's 15 minutes away driving time - I'm in it, I'm in the tent," Netanyahu told the Washington Post last week in reference to US Secretary of State John Kerry.

"And I'm committed to stay in the tent and negotiate for as long as it takes to work out a solution of peace and security between us and the Palestinians."

But Danon said the government was not serious about it and that moves to create one would be opposed by most of the coalition.

Netanyahu appears to be facing a wider revolt on the two-state solution, after Israeli ministers began openly expressing their opposition to the creation of an independent Palestinian state.

Possibility of quitting


Analyst Yossi Verter said in Haaretz newspaper that "Netanyahu now finds himself in the worst possible situation for a party chairman: He's not a player. He doesn't count".

Commentators pointed out the prime minister had not even presented his candidacy for president of the party at the Likud conference, as Danon's victory seemed assured.

Faced with this opposition, Netanyahu could even quit Likud, as did former premier Ariel Sharon, who exited the same party to create the centrist Kadima in 2005, wrote Verter.

"It's hard to know what he's thinking: Either he has lost his fighting spirit and is giving up, or in his heart, he knows that in the next election, he won't be running at the head of this party," he added.

Kerry: Leaders serious on peace talks


Israeli and Palestinian leaders are both committed to reviving peace talks, US Secretary of State John Kerry said on Wednesday, but he acknowledged that progress on the long-stalled negotiations would be difficult.
Israeli-Palestinian talks broke down in late 2010 in a dispute over construction of Jewish settlements on occupied West Bank land that Palestinians want as part of their future state.
Kerry, who held separate talks with both sides in May, said Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas wanted the peace process to move forward. This would be Kerry's fifth attempt to restart talks.
"I believe they believe the peace process is bigger than any one day or one moment, or certainly more important to their countries than some of their current political challenges," he told a news conference in Kuwait with Foreign Minister Sheikh Sabah Khaled al-Sabah.
"That is why both of them have indicated a seriousness of purpose. I would not be here now if I didn't have the belief this is possible," he said.
Kerry said he did not want to set any deadlines for the peace process but added that there needed to be progress before the UN General Assembly in September.


Wednesday, January 30, 2013

NEWS,30.01.2013



US economy shrinks in fourth quarter


The US economy contracted at a rate of 0.1% in the fourth quarter, according to the government's first estimate on Wednesday.But the economy expanded overall a modest 2.2% for the full year in 2012, a gain from 1.8% in 2013, the Commerce Department said.The fourth quarter estimate was lower than forecast, but came after a strong 3.1% pace in the third quarter."The downturn in real GDP in the fourth quarter primarily reflected downturns in private inventory investment, in federal government spending, in exports, and in state and local government spending," the department said.It stressed that the first estimate of GDP growth is based on incomplete data and is often revised.

US adds more jobs than expected


US private-sector employers added 192 000 jobs in January, more than economists were expecting, a sign of growth in the labor market, a report by a payrolls processor showed on Wednesday.Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 165 000 jobs. December's private payrolls were revised down to an increase of 185 000 from the previously reported 215 000.The report is jointly developed with Moody's Analytics.Small businesses with less than 50 employees did the most hiring this month, adding 115 000 jobs. But large businesses of more than 500 workers cut 2 000 jobs."The job market is slowly, but steadily, improving," Mark Zandi, chief economist of Moody's Analytics, said in a statement.By industry,professional and business services firms led gains with 40 000 jobs while the manufacturing sector fared the worst, cutting 3 000 positions.

    

Europe's economic gloom lifts


Business leaders and consumers in the eurozone sent signals in January that the clouds of economic gloom are lifting slightly, marking the third month running of firming optimism, data from the European Commission showed on Wednesday.Confidence indicators are important pointers to how the economy will perform, and the latest figures suggested that optimism is gaining ground in the eurozone, pulled by Germany in particular and overall also by the construction sector.The Commission's eurozone confidence index rose by 1.4 points from the December level to 89.2 points against a background of easing tensions over the debt crisis.And the index for all 27 members of the European Union also rose by 1.4 points to 90.6 points.In the eurozone, the sector of activity where confidence rose most was the construction industry for which the indicator gained 4.6 points. This reflected orders taken and expectations concerning the need for labour.The reading for confidence expressed by consumers also rose by 2.4 points in January.Confidence in the services sector rose by 1.0 point.However, for industry and the retail sector, the indicators were flat.Sentiment about the outlook for employment was less pessimistic in all sectors of activity than has been the case, both in the eurozone and in the European Union.In the eurozone, confidence rose the most in Germany by 2.5 points, in the Netherlands by 1.0 point, and in Spain by 0.5 points.In Italy it was steady and in France it slipped by 0.3 points.US stock index futures showed little reaction to the ADP report, though futures extended declines later in the morning following data that showed the economy unexpectedly contracted in the fourth quarter.The ADP figures come ahead of the government's much more comprehensive labor market report on Friday, which includes both public and private sector employment."The data suggests that jobs growth is accelerating and bodes well for Friday's payrolls report," said Omer Esiner, analyst at Commonwealth Foreign Exchange in Washington.The government release is expected to show hiring held steady in January with 160 000 jobs created.Economists often refer to the ADP report to fine-tune their expectations for the payrolls numbers, though it is not always accurate in predicting the outcome.


Obama's popularity highest in 4 years


US President Barack Obama's popularity has hit 60%, the highest level since he first took office four years ago, according to a poll released on Wednesday.The survey by ABC television and The Washington Post was made public just a little more than a week after the president's formal swearing-in was witnessed by an estimated one million people in Washington and millions more across the nation.The pollsters credited public approval of the president's inauguration address for his soaring poll numbers.In that address, Obama embraced a liberal agenda that vowed action during his second term on gun reform, gay rights and the environment, among other issues.But while the poll showed he has broad public support, it also found that his popularity is slightly less than that enjoyed by two other re-elected presidents - Bill Clinton and Ronald Reagan - at the start of their second terms.Obama's favourability rating at the start of this second term is higher, however, than that of his predecessor George W Bush at the same point during his tenure.The 60% popularity represents a 10-point increase since last summer, during the heat of the contentious presidential race against Republican challenger Mitt Romney.Obama has a way to go until he matches his all-time highest popularity numbers 79% achieved just days before he took office in January 2009, the pollsters said.The telephone survey of 1 022 adults was taken between 23 to 27 January and had a 3.5% margin of error.

Israel releases frozen Palestinian funds


Israel said on Wednesday it had released $100m of the tariffs and tax money it collects on behalf of the Palestinian Authority, which were frozen last year as punishment for the UN bid. But an Israeli official said it was a one-off measure to ease the financial crisis faced by the Palestinians and was not a sign that the transfers would be renewed."This decision was taken by Prime Minister Benjamin Netanyahu because of the Palestinian Authority's very difficult financial situation," an official at the premier's office told AFP."But this transfer is temporary and affects only funds owed for one month," he added, speaking on condition of anonymity."The prime minister did not commit to continue these transfers."The Palestinians said Israel's decision to transfer money on a one-time basis was effectively "extortion”."Israel's announcement that it will transfer 400m shekels [$107.31m] of our money on a one-time basis means they will continue to carry out extortion on this issue," Palestinian negotiator Saeb Erakat told AFP."Israel is using our money, which it collects, as a sword hanging over our heads," he said."Israel should pay us our money immediately and the international community should condemn this Israeli piracy and stop it immediately," he added."The transfer of the funds on a one-time basis means the financial and political siege is continuing and that nothing has changed in Israeli politics and Netanyahu's approach."Israel in early December announced it would not transfer tax and tariff funds it collects for the Palestinians in response to their successful bid for upgraded UN membership, a move the Jewish state had fiercely opposed.Every month, Israel transfers tens of millions of dollars in customs duties that are levied on goods destined for Palestinian markets that transit through Israeli ports, and which constitute a large percentage of the Palestinian budget.The transfers are governed by the 1994 Paris Protocols that governs economic agreements between Israel and the Palestinians.But Israel often freezes the transfer of funds as a punitive measure in response to diplomatic or political developments viewed as harmful.The measure has deepened an already dire financial crisis faced by the Palestinian Authority, which has frequently been unable to make payroll for its employees over the last year.In response to Israel's freezing of the funds, the Palestinians have urged Arab nations to activate a promised "safety net" of $100m a month to make up the shortfall.But despite pledging to deliver the money, funds have yet to materialise, leaving the Palestinian Authority unable to pay its thousands of government employees, who are still owed half their salaries from November and all their salaries from December.


Thursday, November 15, 2012

NEWS,15.11.2012



Gaza rocket lands near Tel Aviv as death toll rises


Two rockets fired from the Gaza Strip have landed close to Tel Aviv raising the stakes in a military showdown between Israel and the Palestinians that is moving towards all-out war.
It was the first attack on Israel's biggest city in 20 years.
Earlier, a Hamas rocket killed three Israelis north of the Gaza Strip, drawing the first blood from Israel as the Palestinian death toll rose to 16.
On the second day of an assault that Israel said might last many days and culminate in a ground attack, its warplanes bombed targets in and around Gaza City.
Plumes of smoke and dust furled into a sky laced with the vapour trails of outgoing rockets over the crowded city, where four young children killed yesterday were buried.
The sudden conflict, launched by Israel with the killing of Hamas's military chief, pours oil on the fire of a Middle East already ablaze with two years of revolution and an out-of-control civil war in Syria.
In brief:
  • Israel has launched a major offensive in the Hamas-controlled Gaza Strip
  • It says the attack is in response to Palestinian rocket strikes
  • One air strike killed Hamas's military chief Ahmed Al-Jaabari
  • Two rockets have landed near Israel's biggest city - Tel Aviv
  • Some 270 rockets have been fired at Israel since its operation started
  • At least 16 people (including five children) have been killed in the Gaza Strip
  • Three Israelis have also been killed in the town of Kiryat Malachi
Egypt's new Islamist President Mohamed Mursi, viewed by Hamas as a protector, led a chorus of denunciation of the Israeli strikes by Palestinian allies.
Mursi's prime minister, Hisham Kandil, will visit Gaza on Friday local time with other Egyptian officials in a show of support for the enclave, an Egyptian cabinet official said.
Israel promised that the delegation would come to no harm.
Israel says its attack is in response to escalating missile strikes from Gaza.

Tel Aviv
Israel's bombing has not yet reached the saturation level seen before it last invaded Gaza in 2008, but Israeli officials have said a ground assault is still an option.
Israeli police said three Israelis died when a rocket hit a four-story building in the town of Kiryat Malachi, some 25km north of Gaza, the first Israeli fatalities of the latest conflict to hit the coastal region.
Air raid sirens sent residents running for shelter in Tel Aviv, Israel's commercial centre. A security source said the rocket - claimed by Islamic Jihad - landed in the sea.
The second was said to have landed in an uninhabited area of the Tel Avivi suburbs.
Tel Aviv residents said an explosion could be heard.The Tel Aviv metropolitan area holds more than three million people - more than 40% of Israel's population.
In remarks broadcast after rockets were fired at Tel Aviv, Israel's Defence Minister Ehud Barak said: "This escalation will exact a price that the other side will have to pay."
He also announced he had ordered the military to enlist more reservists "so that we can prepare for any development".
'Double war crime'
Israeli Prime Minister Benjamin Netanyahu said Hamas was committing a double war crime, by firing at Israeli civilians and hiding behind Palestinians civilians.
"I hope that Hamas and the other terrorist organisations in Gaza got the message," he said. "If not, Israel is prepared to take whatever action is necessary to defend our people."
Hamas spokesman Fawzi Barhoum said Israel would pay a heavy price "for this open war which they initiated".
After watching powerlessly from the sidelines of the Arab Spring, Israel has been thrust to the centre of a volatile new world in which Islamist Hamas hopes that Mursi and his newly dominant Muslim Brotherhood in Egypt will be its protectors.
Hamas's prime minister, Ismail Haniyeh, urged Egypt to do more to help the Palestinians.
"We call upon the brothers in Egypt to take the measures that will deter this enemy," he said.
Instability
The new conflict will be the biggest test yet of Mursi's commitment to Egypt's 1979 peace treaty with Israel, which the West views as the bedrock of Middle East peace.
"The Israelis must realise that this aggression is unacceptable and would only lead to instability in the region and would negatively and greatly impact the security of the region," Mursi said.
The Muslim Brotherhood, which brought Mursi to power in an election after the downfall of autocrat Hosni Mubarak, has called for a "Day of Rage" in Arab capitals on Friday.
The Brotherhood is seen as the spiritual mentors of Hamas.
Al-Jabaari
The Israeli offensive "Pillar of Defence" began on Wednesday when a precision Israeli airstrike killed Hamas military mastermind Ahmed Al-Jaabari. Israel then began shelling the enclave from land, air and sea.
The 15 killed in Gaza included Jaabari and six Hamas fighters plus eight civilians, among them a pregnant woman with twins, an 11-month old boy and three infants, according to the enclave's health ministry. Medics reported at least 130 wounded.
The Israeli army said 156 targets were hit in Gaza, 126 of them rocket launchers.
It said 200 rockets had struck Israel since the start of the operation, 135 of them since midnight local time.
Israel's Iron Dome interceptor system has so far shot down more than 80 rockets headed for residential areas, the military said.
Israeli warplanes dropped leaflets in Gaza telling residents to stay away from Hamas and other militants.


Euro zone falls into recession


The euro zone fell into a recession in July-September, the second since the global financial crisis in 2009, as French resilience could not make up for a slump across Europe and the three-year debt crisis slowed Germany to a crawl.Economic output in the 17-country euro zone fell 0.1% in the third quarter, the EU's statistics office Eurostat said on Thursday, following a 0.2% drop in the second quarter.Those two quarters of contraction put the euro zone's 9.4 trillion euro ($14.7 trillion) economy officially in recession, although Italy and Spain have been contracting for a year already and Greece is suffering an outright depression.Germany and France, the euro zone's biggest economies, could not save the bloc from a double-dip recession even though both countries managed 0.2% growth in the quarter.Large countries like Italy, Spain and the Netherlands all contracted and Belgium, a big exporter, stagnated.Protests against cuts Millions of people across Europe protested against government spending cuts that EU policymakers say are crucial to ending the debt crisis but which others blame for the economic contraction."We are now getting into a double dip recession which is entirely self-made," said Paul De Grauwe, an economist with the London School of Economics."It is a result of excessive austerity in southern countries and unwillingness in the north to do anything else," he said.Not everyone shares that view and the European Commission says labour costs are falling and exports are rising for Greece, Portugal, Spain and Ireland, arguing that austerity is a necessary evil to bring down unsustainable budget deficits.The European Commission sees a 0.4 % contraction for the euro zone in all of 2012.Demand for goods drying up Hopes for a recovery next year are also fading, with the European Commission saying the economy will grow just 0.1% in 2013.A rebound in the euro zone could be vital for the rest of the world as the United States and China struggle with the impact of the crisis on their companies' ability to grow and prosper.In one positive sign, Eurostat said separately that the euro zone's annual inflation fell to 2.5% in October from 2.6% in September, suggesting an end to a run of stubborn inflation that has contributed to the difficult environment.But after months of resilience, Germany, Europe's largest economy, is seeing its companies unnerved by the crisis and demand for its goods in the euro zone and abroad is drying up.While German gross domestic product expanded by 0.5% in the first quarter, it slowed to 0.3% in the second and weakened again in the third quarter.Economists expect a worse performance in the fourth quarter.

Wall Street down

Wall Street dropped today, after Wal-Mart's profit outlook disappointed.Shares of Wal-Mart fell, last down 3.7%, after the retail giant predicted that its fourth-quarter profit will drop."Current macroeconomic conditions continue to pressure our customers," Charles Holley, Wal-Mart's executive vice president and chief financial officer, said in a statement.There was plenty of evidence of that pressure, exacerbated by the effects of Hurricane Sandy. Applications for unemployment benefits jumped more than expected, rising 78,000 to 439,000 in the week ended November 10, according to Labor Department data. A worrying sign indeed. "We will likely see a step back in job growth," Ryan Sweet, senior economist at Moody's Analytics in West Chester, Pennsylvania, told Reuters.Separately, data from the Philadelphia Federal Reserve Bank and the New York Federal Reserve Bank showed that indexes of manufacturing shrank in those regions this month. The latest data only add to the need for President Barack Obama and lawmakers to find a way to avoid the so-called fiscal cliff, a mix of tax increases and spending cuts that will kick in automatically on January 1 and risk hampering the already-fragile economy.In afternoon trading in New York, the Dow Jones Industrial Average dropped 0.38%, while the Standard & Poor's 500 and the Nasdaq Composite Index each shed 0.48%. In Europe, the Stoxx 600 Index ended the day with a 1% slide from the previous close. The FTSE 100 and Germany's DAX each dropped 0.8%. France's CAC 40 shed 0.5%. There was more bad news for the euro zone economy. The latest data showed that the region's gross domestic product dropped 0.1% in the quarter, after a 0.2% decline in the second quarter.A  poll of more than 70 economists predicted the bloc's new recession will extend until the end of the year and 2013 promises little better than stagnation. Conducted before today's data were released, the consensus was for a 2012 contraction of 0.5% and only 0.1% growth next year."The euro zone as a whole has slipped back into recession," Nicholas Spiro, managing director of Spiro Sovereign Strategy in London, wrote in an e-mail to Bloomberg News. "Europe's economic downturn has not only deepened, it has also broadened with the core of the euro zone now much more affected. The bleak economic data out of Europe will further undermine sentiment," according to Spiro.In other news, BP said it reached a settlement with the US government to pay US$4.5 billion in penalties, settling all criminal charges and resolving securities claims relating to the Deepwater Horizon oil spill.