NEWS,01.06.2013

Turkey Protests: Erdogan Calls For Immediate End To Demonstrations As Clashes Flare

Turkish Prime Minister Tayyip Erdogan made a defiant call for an end to the fiercest anti-government demonstrations in years on Saturday, as thousands of protesters clashed with riot police in Istanbul and Ankara for a second day.

The unrest was triggered by government plans for a replica Ottoman-era barracks housing shops or apartments in Istanbul's Taksim Square, long a venue for political protest, but has widened into a broader show of defiance against Erdogan and his Islamist-rooted Justice and Development Party (AKP).

Police fired teargas and water cannon down a major shopping street as crowds of protesters chanting "shoulder to shoulder against fascism" and "government resign" marched towards Taksim, where hundreds were injured in clashes on Friday.

A police helicopter buzzed overhead as groups of mostly young men and women, bandanas or surgical masks tied around their mouths, used Facebook and Twitter on mobile phones to try to organise and regroup in side streets.

"If this is about holding meetings, if this is a social movement, where they gather 20, I will get up and gather 200,000 people. Where they gather 100,000, I will bring together one million from my party," Erdogan said in a televised speech.

"Every four years we hold elections and this nation makes its choice ... Those who have a problem with government's policies can express their opinions within the framework of law and democracy," he said.

Police later pulled back from Gezi Park in Taksim, where the demonstration started peacefully on Monday with people pitching tents in protest at trees being torn up for the redevelopment.

Waiters scurried out of luxury hotels lining the square, on what should be a busy weekend for tourists in one of the world's most visited cities, ferrying lemons to protesters, who squirted the juice in their eyes to mitigate the effects of tear gas.

"People from different backgrounds are coming together. This has become a protest against the government, against Erdogan taking decisions like a king," said Oral Goktas, a 31-year old architect among a peaceful crowd walking towards Taksim.


MODERN-DAY SULTAN

Stone-throwing protesters also clashed with police in the Kizilay district of central Ankara as a helicopter fired tear gas into the crowds. Riot police with electric shock batons chased demonstrators into side streets and shops.

Protests also broke out in the Aegean coastal city of Izmir late on Friday.

Erdogan said the redevelopment of Gezi Park was being used as an excuse for the unrest and warned the main opposition Republican People's Party (CHP), which had been given permission to hold a rally in Istanbul, against stoking tensions.

But the protests included a broad spectrum of people opposed to Erdogan and were not organised by any political party.

CHP officials called on its members not to take party flags with them to the protests, apparently concerned they would be held responsible for the violence, and party leader Kemal Kilicdaroglu accused Erdogan of behaving like a dictator.

"Tens of thousands are saying no, they are opposing the dictator ... The fact that you are the ruling party doesn't mean you can do whatever you want," he said.

Erdogan has overseen a transformation in Turkey during his decade in power, turning its once crisis-prone economy into the fastest-growing in Europe.

He remains by far the country's most popular politician, but critics point to what they see as his authoritarianism and the religiously conservative government's meddling in private life in the secular republic, accusing him of behaving like a modern-day sultan.

Tighter restrictions on alcohol sales and warnings against public displays of affection in recent weeks have also led to protests. Concern that government policy is allowing Turkey to be dragged into the conflict in neighbouring Syria by the West has also sparked peaceful demonstrations.


REASONABLE FORCE

Residents hung out of windows and balconies banging pots and pans in support of the protesters in the streets below.

Medics said around 1,000 people had been injured in the clashes in Istanbul. At least four lost their eyesight after being hit by gas canisters, while four more were being treated for fractured skulls, the Turkish Doctors' Association said.

The U.S. State Department said it was concerned by the number of injuries while Amnesty International and the European parliament raised concern about excessive use of police force.

Erdogan acknowledged mistakes had been made in the use of tear gas and said the government was investigating, but said the police reserved the right to use reasonable force and vowed that the redevelopment plans for Taksim would go ahead.

"Taksim Square can't be a place where extremist groups hang around," Erdogan said of a location which has long been a venue for mass demonstrations.

First-Ever Study of Global Economic Inequality: Richest 8% Earn 50% of Earth's Incomes

The lead research economist at the World Bank, Branko Milanovic, will be reporting soon, in the journal Global Policy, the first calculation of global income-inequality, and he has found that the top 8% of global earners are drawing 50% of all of this planet's income. He notes: "Global inequality is much greater than inequality within any individual country," because the stark inequality between countries adds to the inequality within any one of them, and because most people live in extremely poor countries, largely the nations within three thousand miles of the Equator, where it's already too hot, even without the global warming that scientists say will heat the world much more from now on.
For example, the World Bank's list of "GDP per capita (current US$)" shows that in 2011 this annual-income figure ranged from $231 in Democratic Republic of Congo at the Equator, to $171,465 in Monaco within Europe. The second-poorest and second-richest countries respectively were $271 in Burundi at the Equator, and $114,232 in Luxembourg within Europe. For comparisons, the U.S. was $48,112, and China was $5,445. Those few examples indicate how widely per-capita income ranges between nations, and how more heat means more poverty.
Wealth-inequality is always far higher than income-inequality, and therefore a reasonable estimate of personal wealth throughout the world would probably be somewhere on the order of the wealthiest 1% of people owning roughly half of all personal assets. These individuals might be considered the current aristocracy, insofar as their economic clout is about equal to that of all of the remaining 99% of the world's population.
Milanovich says: "Among the global top 1 per cent, we find the richest 12 per cent of Americans, ... and between 3 and 6 per cent of the richest Britons, Japanese, Germans and French. It is a 'club' that is still overwhelmingly composed of the 'old rich'," who pass on to their children (tax-free in the many countries that have no estate-taxes) the fortunes that they have accumulated, and who help set them up in businesses of their own - often after having sent them first to the most prestigious universities (many in the United States), where those children meet and make friends of others who are similarly situated as themselves.
For example, on 22 April 2004, The New York Times headlined "As Wealthy Fill Top Colleges, Concerns Grow Over Fairness," and reported that 55% of freshman students at the nation's 250 most selective colleges and universities came from parents in the top 25% of this nation's income. Only 12% of students had parents in the bottom 25% of income. Even at an elite public, state, college, the University of Michigan, "more members of this year's freshman class ... have parents making at least $200,000 a year [then America's top 2%] than have parents making less than the national median of about $53,000 [America's bottom 50%].'"
Most of the redistribution that favors more than just the top 1% has occurred in the "developing" countries, such as China. However, a larger proportion of the world's population live in nations of Central and South America, Africa, etc., where today's leading families tend overwhelmingly to be the same as in the previous generation. They, too, near the Equator, are members of the "club," but there are fewer of them.
Milanovic finds that globally, "The top 1 per cent has seen its real income rise by more than 60 per cent over those two decades [1988-2008]," while "the poorest 5 per cent" have received incomes which "have remained the same" - the desperately poor are simply remaining desperately poor. Maybe there's too much heat where they live.
This study, in Global Policy, to be titled "Global Income Inequality in Numbers: In History and Now," reports that economic developments of the past twenty years have caused "the top 1 per cent to pull ahead of the other rich and to reaffirm in fact - and even more so in public perception - its preponderant role as a winner of globalization."

Europe: A Leaning Tower of Babel

The eurozone today has become a leaning Tower of Babel. The sovereign debt crisis and the high social costs of austerity have severely weakened its foundation. Whether this tottering edifice designed to thread diversity through the needle eye of a single currency finally collapses and falls, or is able to right itself, will depend on re-founding a European narrative for the 21st century.
The project of European unity was born out of the fear of war, which devastated the continent twice in the 20th century, and the promise of prosperity. Precisely because of the last few decades of step-by-step integration, war is no longer a danger -- and thus has lost its force as the compelling raison d'etre of unity. On the other hand, if, as the current situation suggests, integration means more pain than gain, the "lost generation" of youth facing a jobless future can be forgiven for asking, "why Europe?"
At the recent town hall meeting organized in Paris by the Berggruen Institute, French President Francois Hollande called for a "new narrative" for Europe that would appeal to the "post-crisis" generation of today as the "post-war" narrative appealed to the generation that founded the European Union. Jacques Attali, the former top aide to Francois Mitterrand and mentor to Hollande, told the students of Sciences Po, where the town hall meeting was held: "Young people today are faced with three options if the current eurocrisis is not resolved -- leaving Europe, staying in Europe without hope or going into politics and starting a revolution."
As Attali's comment suggests, the despair of youth today is destroying their faith in the promise of Europe, as we see with the success of the left-populist blogger-comedian Beppe Grillo in Italy. Right-wing movements across Europe from the True Finns to the neo-fascist Golden Dawn in Greece yearn for the days before globalization, Muslim immigration, gay marriage and the Growth and Stability Pact.
The great danger is that the despair and alienation over the failure of Europe to deliver a future for its next generation will conjoin with the backward-looking, reactionary right in one great anti-European eruption. That would finally bring the historical project of European integration crashing to the ground.
In this context, pro-Europeans need to heed a truth of the human condition that Charles de Gaulle fully understood: Identity is rooted in the nation that is, belonging to a unique way of life; what Johann Gottfried Herder called "volksgeist." Papering over this truth with a currency managed (or mismanaged) by distant bureaucrats with functional acronyms in Brussels only suppressed this reality, not diminished it.
Unless de Gaulle's "certain idea of France" and its equivalent in other nations is replaced with an "a certain idea of Europe," the whole thing will shatter into shards of a once-vibrant dream.
The challenge for pro-Europeans is not to dismiss national sentiment, but seek to forge a common identity that leaves plenty of room for diversity while delivering opportunity and security through a strong but limited European government.
At the Berggruen Institute meeting in Paris, students from Sciences Po, the London School of Economics and the Hertie School of Governance in Berlin proposed a narrative for their post-crisis generation founded in "freedom and solidarity." The European identity for their generation, they argued, would be bound up with the founding idea of European civilization -- the universality of reason and the free individual combined with a social model that doesn't let fellow citizens fall into the cracks as Europe faces the competitive winds of globalization.
It remains to be seen if such a narrative is convincing. Many fear that the 2014 European Parliament elections will become a platform that will give full voice to the nationalist and populist anti-European backlash. Perhaps such an eventuality ought to be welcomed, not feared, because it would force a strong redefinition of the pro-European identity in the face of an existential challenge.
When al-Qaeda took down the Twin Towers in New York in 2001, Samuel Huntington, the Harvard theorist who wrote "The Clash of Civilizations," argued that the attacks had "given back to the West its common identity." The same dynamic will take place if the European idea is thoroughly challenged in 2014.
Whether or not "a certain idea of Europe" triumphs, however, will be determined by how quickly and effectively the present European leaders and institutions stem the current crisis. The announcement in Paris of a concerted "offensive" against youth unemployment by the French, German, Spanish and Italian governments is a propitious start.
What matters now is whether they will deliver hope through concrete action instead of more empty promises between now and the 2014 election. The fate of Europe is in their hands.

 

Facing the Climate Crisis

On May 9th, NOAA reported a significant milestone: CO2 emissions had crossed 400 parts per million (ppm), a level not seen for three million years. Although this figure has since been revised to 399.89 ppm, even this lower number paints a grim picture. Heat-trapping greenhouse gas emissions are projected to increase 50 percent by 2050, primarily due to a 70 percent growth in energy-related CO2 emissions. Average global temperature is expected to rise by 3-6 °C by the end of the century, exceeding the internationally agreed upon goal of limiting it to 2 °C above preindustrial levels. The Global Warming Potential of methane, the second most prevalent greenhouse gas after CO2, is expected to be more than 50 times greater than that of carbon dioxide over the next 20 years. The primary source of methane is industrial animal agriculture, which supports global meat consumption. Meat production has tripled during the last 40 years, up by 20 percent in the last decade alone.
Scientists warn that if current patterns of energy use continue, planetary biophysical systems could be destabilized, triggering "abrupt or irreversible environmental changes that would be deleterious or even catastrophic for human well-being." Yet even as the climate crisis intensifies, minimal efforts to address climate change through the Kyoto Protocol the United Nations Framework Convention on Climate Change have been derailed by international economic competition. The United Nations Climate Change Conference in Copenhagen in 2009 failed to extract a binding agreement to limit emissions of greenhouse gases from even a single country. The 117 countries that endorsed the target of 350 ppm were the poorest and most vulnerable countries, not rapidly industrializing countries like India and China or the "rich, powerful, and deeply fossil-fuel addicted" countries of the Global North. Developing countries want these industrial juggernauts to take the lead in sharply reducing emissions. Conversely, fearing the erosion of their competitive advantage, developed countries are retreating from earlier targets and obligations. The United States has never been a member to the Kyoto Protocol. Canada, Japan, and Russia will not take part in the second commitment period of the Protocol starting in 2013. Australia and New Zealand also remain uncommitted.
About 80 percent of the world's environmental damage is attributed to the wealthiest 20 percent of the world's population the "overconsumers" of the industrialized North, whose lives are "organized around [individually owned] cars, meat-based diets, use of packaged and disposable products." At the bottom is the poorest 20 percent, who live predominantly in the Global South in "absolute deprivation," travelling mostly by foot, eating nutritionally poor diets, drinking contaminated water, using local biomass, and producing negligible wastes. The overconsumption of the top rung and the under consumption of the bottom are both unsustainable. The middle rung, the 60 percent also living mostly in the Global South -- who travel mostly by bicycle and public surface transportation, eat healthy diets of grains, vegetables and some meat, use unpackaged goods, and recycle wastes -- represent a balanced middle that should become the global norm. Unfortunately, however, more and more countries are adopting the Western model of development and its accordant hyperconsumerism.
Renewable, clean sources of energy and solar, wind, and biomass technologies must become the means for economic growth. The average person in the developed world must "cut meat consumption in half by the year 2050" to meet the emissions reduction targets set by the IPCC (Intergovernmental Panel on Climate Change). Political will is necessary to effect such sweeping changes in production and consumption. However, as Dr. James Hansen, the NASA scientist who is leading the effort to reverse climate change states, "greenwash" is a "near universal response of politicians to the climate change issue." As he goes on to point out, energy lobbyists in Washington receive handsome payouts from energy companies.
At the crux of the problem is the dualism of self and other. Ultimately, all of us, self-absorbed individuals pursuing narrow self-interest over environmental sustainability and human well-being are accountable for the climate crisis to varying degrees. If we are seriously concerned about planetary survival, and thus human survival, we need to reflect more deeply on our uncritical internalization of dominant values and worldview.
Although current environmental and social collapse are attributable largely to the excesses of modern technology and economic growth, the roots of these crises go all the way back to the pre-capitalist era and the psychological and social evolution of hierarchy and domination. Over the course of history, a way of viewing reality and guiding social action defined by human domination of nature and each other has intensified; in fact, it is now being realized on a global scale. Sustainability and well-being require a shift from the prevailing system of domination and extremism to a global consciousness and a socioeconomic system based on interdependence and partnership. Adoption of appropriate technology, rational allocation of resources, and balanced and equitable consumption require a partnership ethic based on cultivating the values of moderation, tolerance, nonviolence, and compassion.

NEWS,22.02.2013

Ultra-cheap eurozone loans hit a snag

 

Eurozone banks do not seem ready to repay as much as expected of the ultra-cheap three-year loans made available to them by the European Central Bank last year, official data showed on Friday.The ECB announced that 356 eurozone banks have signalled their intention to repay early €61.1bn ($80.5bn) of a second batch of special long-term refinancing operations or LTROs, launched last year to avert a looming credit crunch in the single currency area.That is much lower than the €130bn some analysts had been expecting.The LTROs are injections of liquidity into the banking system with ultra-long maturities of three years.They were launched in two batches - €468.19bn in December 2011 and €529.5bn in February 2012.At the time, they were widely credited with pulling Europe back from the brink of a dangerous credit crunch.Both rounds of LTRO included provisions to allow early repayment after one year, if banks so chose.The first repayment window opened on January 30, when 278 banks repaid €137bn.And the second window opens on February 27.After that, repayments can continue on a weekly basis, depending on demand.Total repayments so far amount to €212.3bn or 21% of the combined total of €1.02 trillion in LTROs.ECB chief Mario Draghi has argued that the fact that eurozone banks are ready to repay early such a large chunk of their emergency loans "reflects the improvement in financial market confidence."But analysts suggested the lower-than-expected repayments for the second batch is a signal that banks are still not ready to rely solely on the normal funding markets, especially with the Italian elections looming this weekend."The uncertainty ahead of the general political elections in Italy could have led some banks that had decided to exit to postpone their repayment," said Giuseppe Maraffino and Laurent Fransolet of Barclays Research."Should this have been the case, the repayment in the following weeks could be higher than at the previous three paybacks in the weeks following the January 30 payback, which averaged €4.1bn," the analysts said.The ECB did not provide a national breakdown of banks that are repaying and few banks have made public their repayment plans.

Spain approves urgent job refoRms

The Spanish government has approved a package of urgent reforms it hopes will create jobs for young people and help slash the country's 26% unemployment rate. The measures approved on Friday include scrapping company social security payments for a year for young people as long as the company takes on long-term unemployed people aged over 45.Other measures include limiting monthly social security payments to €50 for six months for under 30s setting up their own businesses and the possibility of allowing people to use lump sum unemployment payments to start a company.Some 6 million people have lost their job since the economy went into freefall with the collapse of the real estate sector in 2008. The unemployment rate for people under 25 is a staggering 55%.

US youth now more credit savvy – study

The recession had a strong impact on young Americans who saw the credit crisis up close: they are taking on less credit card debt, delaying plans to buy homes and owning fewer cars, according to a study released on Thursday.From 2007 to 2010, the median debt of US households headed by people aged 35 and younger fell by 29% - from $21 912 to $15 473 - while debt of older Americans fell by just 8%, to $30 070, according to a Pew Research Center study titled "Young Adults After the Recession."Residential property accounts for at least three-quarters of average American debt, so much of the drop may be connected to a decrease in home ownership. The number of Americans under 35 who own their primary residence dropped to 34% in 2011 from 40% in 2007, Pew said.Meanwhile, the percentage of homeowners over age 35 fell by 2 percentage points to 72%."As younger people invest in education and wait longer to enter the workforce or start families, that may mean they will wait longer to buy homes," said Richard Fry, a senior economist at Washington-based Pew and the author of the study.Young adults are cutting back on credit card usage as well. Young households with credit card debt fell by 10 percentage points to 39% between 2007 and 2010.Car ownership is an area in which younger Americans also cut back. The number of households led by adults under 35 with auto debt fell by 12% between 2007 and 2010. The typical outstanding car loan fell to $10 000 from $13 000.As unemployment drove many young people to return to school, student debt increased during the recession. By 2010, 40% of households headed by young adults had student debt, up from 34% in 2007 and 26% in 2001.Squeezed by increasing student debt, younger Americans are cutting debt in other areas. Their median level of debt fell to $15 473 in 2010 from $17 938 in 2010, according to the study.

Iran 'installing new nuclear equipment'

World powers condemned Iran just days before talks on its controversial nuclear programme, after an International Atomic Energy Agency (IAEA) report said it had begun installing advanced equipment at one of its main nuclear plants."On 6 February 2013, the Agency observed that Iran had started the installation of IR-2m centrifuges" at the Natanz plant, the IAEA report said."This is the first time that centrifuges more advanced than the IR-1 have been installed" at the plant in central Iran, the UN atomic watchdog added.One official said Iran intended to install around 3 000 of the new centrifuges at Natanz enabling it to speed up the enrichment of uranium.This process is at the heart of the international community's concerns about Iran's nuclear programme, since highly enriched uranium can be used in a nuclear weapon.The US State Department denounced the development as "yet another provocative step" by Iran and White House spokesperson Jay Carney warned Tehran it had a choice. "If it fails to address the concerns of the international community, it will face more pressure and become increasingly isolated," he said on Thursday."The burden of sanctions could be eased, but the onus is on Iran to turn its stated readiness to negotiate, into tangible action."Britain expressed "serious concern".Israel, the Middle East's sole if undeclared nuclear-armed state, warned that Tehran was "closer than ever" to achieving the amount of enriched uranium to make a nuclear bomb.The report was "severe" and "proves Iran is continuing to rapidly advance to the red line" that Prime Minister Benjamin Netanyahu has said the international community must draw to prevent Iran obtaining an atomic weapon, Netanyahu's office said.Israel has refused to rule out bombing Iran's nuclear facilities. Despite the developments at Natanz, the IAEA's quarterly report seen by AFP also noted that Iran had not started operating any new equipment at its Fordo plant.Fordo is of more concern to the international community, since it is used to enrich uranium to fissile purities of 20%: At Natanz it is mostly to 5%.The ability to enrich to 20% is technically speaking considerably closer to 90%, the level needed for a nuclear weapon.Iran has so far produced 280kg of 20% uranium, of which around 110kg have been diverted to fuel production, the new report said.Experts say that around 250kg are needed for one bomb, although creating a weapon requires several other steps and if Iran were to start further enriching to weapons-grade this would be detected by the IAEA.Iran denies seeking atomic weapons but many in the international community suspect otherwise, The UN Security Council has passed several resolutions calling on Iran to suspend all uranium enrichment.The IAEA report came ahead of a new meeting between Iran and six world powers - the US, China, Russia, Britain, France and Germany - in Kazakhstan on 26 February.These will be the first talks between the parties since three rounds of meetings ended in stalemate in Moscow last June.The so-called P5+1 called on Iran to suspend all 20% enrichment, shut down Fordo and export its 20% stockpile.But they stopped short of offering Tehran substantial relief from UN Security Council and unilateral Western sanctions that last year began to cause major economic problems for the Gulf country.A Western diplomat said Wednesday that the P5+1 would come to Almaty with an offer containing "significant new elements".Reports have said that the powers could ease sanctions on Iran's trade in gold and other precious metals.On Thursday, US State Department spokesperson Victoria Nuland urged Iran to consider "another path" than the nuclear bomb."They have an opportunity to come to those talks ready to be serious, ready to allay the international community's concerns, and we hope they take that opportunity," she said.Parallel efforts by the IAEA dating back more than a year to press Iran to grant it access to sites, documents and scientists involved in what the agency suspects were past efforts to develop nuclear weapons remain stalled.The new report said that although the IAEA board had adopted two resolutions on the urgent need to resolve these issues with Iran, they had not been able to reach agreement with Tehran on the way forward.It added however that the Vienna-based IAEA's "commitment to continued dialogue is unwavering".

Mexico vigilantes challenge government

Fed up with the police's failure to curb crime, armed vigilante groups have spread to at least four Mexican states, manning checkpoints, patrolling streets and in one case killing a "suspect" in a shootout.The proliferation of self-policing poses a challenge to the government of President Enrique Pena Nieto, who inherited a drug war that had killed about 70 000 people in six years when he took office in December.Raul Plascencia Villanueva, head of the National Human Rights Commission, said the vigilante trend must be rejected, warning that there is "a very fine line between self-defence organisations and paramilitary groups".Although self-defence groups have long existed in Mexico, they began to expand last month, when hundreds of men donned masks and took up machetes and hunting rifles in the rural mountains of the southwestern Guerrero state.In recent weeks, more groups have emerged in the neighbouring state of Michoacan, the southern state of Oaxaca and the central state of Mexico, which surrounds Mexico City.In Guerrero, the civilians decided to police their own streets after a community leader was kidnapped in early January.The vigilantes say the local police are too corrupt, unwilling or unable to stop drug gangs - a charge often levelled against police in Mexico.The vigilantes detained 53 people, accusing them of a slew of crimes from murder to kidnapping and extortion, and held them in makeshift jails in remote villages.They handed the last of their detainees to authorities this week after long negotiations, but the self-policing took a deadly turn on Wednesday. Crisoforo Garcia, a leader of the vigilante movement, said a squad was on a "routine patrol" in the mountain village of El Refugio when it was attacked by a group of armed men, one of whom was killed in the resulting gunfight.Interior Minister Miguel Angel Osorio Chong met with leaders of the Guerrero vigilante movement, agreeing to find a way to make the community police forces legal in return for the handover of 31 suspects Gerardo Rodriguez, a security expert and director of the Mexico Seguridad consultancy, said it was a "dangerous" deal, because giving legitimacy to these groups "shows the Mexican state's inability at the federal and local level to bring security and justice to these towns""It is a new flashpoint of insecurity for the Mexican state that can escalate," Rodriguez said. Community police forces that are tolerated by the authorities have existed in Guerrero since 1995, allowing indigenous groups to mete out justice according to their own traditions. But the vigilantes who have taken up arms in recent weeks were outside this local system, in which prisoners face public justice and sentences that include years of hard labour in various towns.The growth of vigilante squads has sparked a debate among politicians, with some pointing fingers at state governors and other saying federal policymakers should do more to help."It is a governability crisis, because it demonstrates the total absence of the police," said Senator Ernesto Cordero, a leading member of the opposition National Action Party.Manlio Fabio Beltrones, the leader of the ruling Institutional Revolutionary Party (PRI) in the lower house of Congress, said governors should "reconsider the way their governments work" if they "are not capable enough to offer protection, safety and justice" to their populations.Guerrero's leftist Governor Angel Aguirre said federal lawmakers should provide more resources to state governments to improve security. Fausto Vallejo, the PRI governor of Michoacan, suggested that the community police forces should be legalised and given training and equipment.Pena Nieto has vowed to shift the focus of the drug war towards reducing the daily violence plaguing much of the country. He wants to form a paramilitary "gendarmerie" to replace the thousands of troops deployed by his predecessor since 2006.But the government has said soldiers will remain deployed until the level of violence falls.

NEWS,15.08.2012

U.K. Recession Drives More Than 1,000 To Suicide: Study

 

A painful British economic recession, rising unemployment and biting austerity measures may have driven more than 1,000 people in England to commit suicide, according to a scientific study published on Wednesday.The study, a so-called time-trend analysis which compared the actual number of suicides with those expected if pre-recession trends had continued, reflects findings elsewhere in Europe where suicides are also on the rise."This is a grim reminder after the euphoria of the Olympics of the challenges we face and those that lie ahead," said David Stuckler, a sociologist at Cambridge University who co-led the study, published in the British Medical Journal (BMJ).The analysis found that between 2008 and 2010 there were 846 more suicides among men in England than would have been expected if previous trends continued, and 155 more among women.Between 2000 and 2010 each annual 10 percent increase in the number of unemployed people was associated with a 1.4 percent increase in the number of male suicides, the study found.The analysis used data from the National Clinical and Health Outcomes Database and the Office of National Statistics.Keith Hawton, a professor at the Centre for Suicide Research at Oxford University who was not involved in the study, said its findings were "of considerable interest and certainly raise concerns", but that they must be interpreted carefully."It is also important that they are not over-dramatised in a way that might increase thoughts of suicide in those affected by the recession," he said in an emailed comment.Stuckler, who worked with researchers from Liverpool University and the London School of Hygiene and Tropical Medicine, stressed while this kind of statistical study could not establish a causal link, the power of the associations was strong. Its conclusions were strengthened by other indicators of rising mental health problems, stress and anxiety, he added.He also pointed out the study showed a small reduction in the number of suicides in 2010 which coincided with a slight recovery in male employment.A survey of 300 family doctors published by the Insight Research Group on Tuesday found that 76 percent of those questioned about the effects of the economic crisis said they thought it was making people unhealthier, leading to more anxiety, abortions and alcohol abuse.Data this month from the government's Health and Social Care Information Centre showed the number of prescriptions dispensed in England for antidepressants rose 9.1 percent in 2010.A study published last July, also by Stuckler, found that across Europe, suicide rates rose sharply from 2007 to 2009 as the financial crisis drove unemployment up and squeezed incomes.The countries worst hit by severe economic downturns, such as Greece and Ireland, saw the most dramatic increases in suicides.In Britain, there's little doubt times have been getting harder. The economy has shrunk for the last nine months and now produces 4.5 percent less than before the economic crisis.Many Britons have had the worst squeeze in living standards for 40 years and the crisis has hit young people hard, with youth unemployment soaring above 20 percent.Stuckler's BMJ study found that the number of unemployed men rose on average across Britain by 25.6 percent each year from 2008 to 2010, a rise associated with a yearly increase in male suicides of 3.6 percent."Much of men's identity and sense of purpose is tied up with having a job. It brings income, status, importance..." Stuckler said in a telephone interview."And there's also a pattern in the UK where men are three times more likely to commit suicide than women, while women are much more likely to report being depressed and seek help."Hawton noted that increases in suicides at times of economic recession had been reported before - for example in the Great Depression of the 1930s and in the economic downturn in South-east Asia during the 1990s.The World Health Organisation estimates that every year, almost a million people die from suicide - a rate of 16 per 100,000, or one every 40 seconds. It also estimates that for every suicide, there are up to 20 attempted ones.

HSBC gives US staff details for tax probe

Global bank HSBC has handed over details of current and former employees to the US authorities, it confirmed today, as part of a tax probe that almost sank rival bank UBS in 2009.As a result the bank could now face legal action from individuals whose details have been revealed, lawyers representing them said.In a letter to them seen by Reuters, the bank said it had passed on documents, in which their names appear, on the request of US authorities looking to hunt down US citizens with untaxed money held in Swiss accounts.After passing on a first set of documents earlier this year, HSBC has sent the new batch to the US Department of Justice and the Securities and Exchange Commission in an effort to reach a settlement over the investigation.HSBC lawyer Lenz & Staehelin has told lawyers acting for these employees that the documents included the minutes of executive, board and audit committee meetings, client visit reports, emails and other correspondence "We have submitted further information to the US authorities but it concerns the initial enquiry from December 2011. Client information has clearly not been submitted," HSBC Private Bank spokesman Medard Schoenmaeckers said by telephone.Banks including HSBC, Credit Suisse and Julius Baer have already passed on about 10,000 employee names in an attempt to avoid the fate of private bank Wegelin, which broke up in January under threat of indictment, bank employees and lawyers said.Credit Suisse said its cooperation with the US authorities was also in the interests of the bank and its employees. Baer declined to comment.Lawyer Douglas Hornung, who has filed a complaint against HSBC on behalf of its former chief legal counsel, said banks who handed employee names to US authorities infringed the criminal code and Swiss privacy laws.HSBC has avoided breaching strict Swiss banking secrecy laws by redacting from the documents any information that could lead to the identification of clients, said Lenz & Staehelin in a letter to lawyers acting for current and former employees of the bank.In 2009 the Swiss authorities reached a deal for UBS to pay a fine of $780 million to avert criminal charges, and ultimately agreed to allow the bank to reveal details of around 4,450 clients.Hornung said banks that hand over employee data to US officials are hoping to reduce the potentially huge fines they might face if they are found to have helped US clients avoid tax."HSBC could face a much higher fine than UBS, $1.3 to 1.4 billion would be logical. In cooperating HSBC can expect the fine to be lowered significantly," said Hornung.The benefit of such a reduction for cooperating would far outweigh anything the banks would have to pay for breaching obligations to employees in Switzerland, where the maximum fine is 5 million Swiss francs ($5.15 mln) and there are no punitive damages, Hornung said.A spokeswoman for the Swiss Attorney General confirmed that a legal complaint against HSBC had been received and said it was considering whether to open an investigation.A former HSBC employee, who asked not to be named, told Reuters he had never dealt with US clients and only realised US officials had his name during a background check when he was shortlisted for a new banking job.He was not offered the job."It can be difficult to inform former employees because as a company we don't keep records of their whereabouts. If they contact us, then we do inform them," Schoenmaeckers said.But Hornung, a partner at Geneva-based Hornung Avocats, said allegations of professional damage might be hard to prove."I have spoken to five or six people in the same situation, which means there is some chance of demonstrating a direct link between being on the list and difficulties in finding further employment," said Hornung.Bruno Seeman, a lawyer from small but locally renowned Zurich law firm Anwaltsbuero Landmann who is representing another former HSBC employee, said those wishing to sue the bank were unlikely to get any help from the largest law firms."The big five in Switzerland are all employed by the large banks, all the big commercial law firms with the capacity and know-how to act against big Swiss organisations cannot do so because it would be a conflict of interest," Seemann said."The effect is to prevent employees from approaching them because these law firms can't act against existing clients."

NEWS,20.06.2012

Greek coalition takes power

A conservative-led government took power in Greece today promising to negotiate softer terms on its harsh international bailout, help the people regain their dignity and steer the country through its biggest crisis for four decades.The swearing-in of Antonis Samaras as prime minister after elections last Sunday ended weeks of uncertainty that rattled financial markets and threatened to push near-bankrupt Greece out of the euro zone.Samaras, a Harvard-educated economist from a prominent Greek family, will head an alliance of his New Democracy party and Socialist PASOK rivals - the same discredited establishment parties which have dominated politics since 1974."I am fully aware how critical this time is for our nation," Samaras said after he was sworn in at a ceremony conducted by robed Orthodox priests at the presidential mansion."I know very well that Greek people are hurt and need to regain their dignity. I know that the economy must quickly recover to re-establish social justice and cohesion."The coalition parties are in a race to overcome public disgust with their records, face down an emboldened leftist opposition that narrowly failed to win the election, and persuade reluctant euro zone partners to ease the terms of a bailout that has caused deep economic suffering.The cabinet has yet to be named, although a technocrat banker is expected to become finance minister.Party leaders said a team would be formed to renegotiate the terms of the hated 130 billion euro rescue plan with the European Union and IMF, setting up a showdown with the lenders led by paymaster Germany who say they will adjust but not re-write the document.New Democracy and PASOK have little history of cooperation, having alternated in office from the fall of military rule in 1974 until last year, when the economic crisis forced them to share power in a short-lived national unity government.Their coalition will be the first in Greece in decades with an unrestricted mandate - last year's unity government and a coalition that took power in 1989 both had limited powers.The alliance will also be backed by the small Democratic Left party, whose leader Fotis Kouvelis called on the government "to gradually disengage from the terms of the bailout that has bled society".An official from one of the three parties in the coalition said that they had agreed to name National Bank Chairman Vassilis Rapanos as finance minister.Rapanos is an economics professor who worked closely on reforming the economy with a previous Socialist government.Other ministers were expected to be named later.Humiliated People Greece's crisis has left its people not only poorer but feeling humiliated.As the political leaders wrapped up talks on a government, hundreds of Greeks - many until recently members of the prosperous middle classes - gathered under the scorching sun in a big park in Athens for free vegetables offered by a farmers' association from the island of Crete."Not even in my worst nightmares could I imagine that I would end up like this - waiting in line for food," said Eleni Moshidou, 56, a mother of three unemployed sons who was fired from a law firm when the crisis broke out in 2010."I feel humiliated. Our politicians brought us here."Just over a month after an inconclusive election raised fears that Greek would have to leave the euro zone, New Democracy narrowly beat the radical leftist Syriza bloc that wants to scrap the bailout deal which most Greeks blame for worsening a recession which is in its fifth year.Syriza promised yesterday to be a "combative" opposition force that fights on behalf of Greeks struggling through wage cuts and spending cuts that have sent unemployment to record highs.But the new government's first battle is likely to be with foreign lenders as it tries to convince them to sign off on the next instalment of aid and allow more leeway on the austerity pledges.PASOK leader Evangelos Venizelos warned of a "big battle" in Brussels to craft a new bailout deal that would promote growth and contain unemployment."The most critical issue is the formation of the national negotiation team and ensuring that it is successful," he told reporters.Both PASOK and Democratic Left have refused to place senior politicians in the cabinet and could nominate technocrats instead, a move which potentially weakens their commitment to the new government."This government will have a very short life-span. It will disappoint expectations and its support will erode quickly," said independent political analyst John Loulis."It will be a government entirely run by New Democracy; its two smaller partners have already weaseled their way out of it".

Climate law could raise gas prices, lobbyists say

California regulations designed to fight global warming could force half of the state's refineries to close, trigger fuel shortages and add $2.70 per gallon to the cost of gasoline, according to a study released Tuesday by an oil industry lobbying group. The study, issued by the Western States Petroleum Association, argues that California's upcoming cap-and-trade system to cut carbon dioxide emissions could wreak havoc with fuel supplies as early as 2015. So could the state's low carbon fuel standard, a policy requiring refiners to lower the carbon intensity of the fuel they sell in California.Oil companies have a history of resisting California's climate change rules. But Catherine Reheis-Boyd, president of the petroleum association, said Tuesday that her group isn't trying to overturn the state's global warming law, known as AB32. Instead, the association wants to change how the state implements the law. If gasoline prices jump due to the fuel standard and cap and trade, she warned, Californians would probably demand that the entire law be scrapped."People could revolt, and if that happens, that's the end of it," Reheis-Boyd said. "If this goes the way we think it will, you won't have a program in 2015."2006 legislationPassed in 2006, AB32 requires California to bring its greenhouse gas emissions back to 1990 levels by 2020. Both the low carbon fuel standard and the cap-and-trade program, which starts this fall, were created to implement that law. Several oil companies that belong to the petroleum association tried to block AB32 in 2010 with a statewide ballot measure, but voters rejected it.Some environmentalists called Tuesday's report a scare tactic aimed at California legislators who are nervous about the state's fragile economy. The state has already endured two gas price spikes this year, with the statewide average for a gallon of regular finally falling below $4 last weekend for the first time since February."One thing I don't understand is, the electric utilities have stepped up, with renewable power and energy efficiency, the car companies have stepped up, with increased fuel efficiency - the oil companies seem to be the only ones who have no way to comply with AB32," said Adrienne Alvord, the California and western states director for the Union of Concerned Scientists. Complex, unpleasantTuesday's report was researched and written by the Boston Consulting Group and focuses on how California's 14 refineries will respond to both the fuel standard and cap and trade. The scenario is both complex and unpleasant.To comply with the low carbon fuel standard, refiners will need to blend more ethanol into their gasoline. But not just any ethanol will do.The process used by most American ethanol producers - distilling fuel from corn - releases too many greenhouse gases, according to California air pollution regulators. So the refiners would need to buy cellulosic ethanol, which is made from woody plants and has a smaller greenhouse gas footprint.Unfortunately, cellulosic ethanol has not yet been mass-produced. So the refineries would most likely buy Brazilian ethanol, made from sugar cane, and ship it here. Even with transportation factored in, Brazilian ethanol has a smaller greenhouse gas footprint than American corn ethanol, according to California's standards.Importing Brazilian ethanol would cost the California refineries money. In order to make a profit, they would most likely start shipping larger amounts of their gasoline to customers in other states or countries, where they wouldn't have to comply with the low carbon fuel standard. That would raise gas prices here.At the same time, the refineries would face an added expense due to the cap-and-trade system. The system will set an overall limit on the carbon dioxide emissions and create a market in which companies buy and sell the right to produce set amounts of greenhouse gases. That could cost refineries dearly, especially if carbon prices in the new market rise much higher than the state expects.Refineries threatenedAs a result, as many as seven California refineries would no longer be profitable, said Brad VanTassel, senior partner of the Boston Consulting Group.Should they close, the state could lose between 28,000 and 51,000 jobs, with the losses occurring not just at the refineries but at businesses frequented by refinery workers. California also could lose $3.1 billion to $3.4 billion in tax revenue. "Even if you lose just 30,000 jobs, that's a big deal to a state that's got 11 percent unemployment," VanTassel said.California has lost oil refineries before. In 1996, the state ordered oil companies to change the formula of fuel sold here in an effort to cut air pollution. It worked, but some refineries closed rather than pay for the necessary upgrades. At the same time, oil companies had been closing smaller California refineries to reduce the state's oversupply of gasoline and boost profits at remaining refineries.

NEWS,12.04.2012.

North Korean missile crisis: Will Pyongyang defy the world?

Fighter jets roared through the skies over downtown Pyongyang on Thursday as the world watched to see whether North Korea would defy international warnings and launch a long-range rocket over the Yellow Sea. The five-day window for the launch of a rocket mounted with an observation satellite opened on Thursday as North Koreans woke to details about developments at a Workers' Party conference where leader Kim Jong Un ascended to top posts and brought with him a new generation of officials. His father, Kim Jong Il, was granted the posthumous title of "eternal general secretary" at the special one-day party conference on Wednesday. The immortalisation of the late leader provided a glimpse into how North Korea will handle the nation's second hereditary succession and indicates he will be honored much in the same way his father, Kim Il Sung, was made "eternal president" following his 1994 death.Footage on state TV Thursday showed Kim Jong Un seated at the front of the conference with white statues of his grandfather and a new statue of his father in his trademark khaki work ensemble, one arm on his hip. There was no word on Thursday morning on the timing of the controversial launch, which the North has said will take place sometime between Thursday and Monday. In 2009, a similar launch from an east coast site took place on the second day of a five-day window. The United States, Japan, Britain and others say the launch would constitute a provocation and would violate UN Security Council resolutions banning North Korea from developing its nuclear and missile programs.
Experts say the Unha-3 carrier is similar to the type of rocket that could be used to fire a missile mounted with a nuclear warhead to strike the US or other targets.

 Software engineer's job best, reporter's fifth worst

A reporter's job figures among the ten worst professions, alongside the likes of butchers, waiters and dishwashers, as per a new study by the US-based consultancy CareerCast, which has named a software engineer's occupation as the best for the year 2012.The annual study has ranked a total of 200 jobs from best to worst on the basis of five core criteria such as physical demands, work environment, income, stress and hiring outlook.It mostly covered the jobs in the US and is based on data from the US Bureau of Labour Statistics and other government agencies.Among the ten worst jobs, the study has named a newspaper reporter's occupation at the fifth position, after that of a lumberjack, dairy farmer, enlisted military soldier and oil rig worker.Others in the ten worst jobs for 2012 include waiter/waitress, meter reader, dishwasher, butcher and broadcaster."As the digital world continues to take over and provide on-demand information, the need for print newspapers and daily newscasts is diminishing. To be sure, both jobs once seemed glamorous, but on-the-job stress, declining job opportunities and income levels are what landed them on our worst Jobs list," the report noted.The study has also listed out ten most stressful jobs and none of these occupations figure in the list of ten best jobs.CareerCast has ranked enlisted soldier, firefighter, airline pilot, military general, police officer, event coordinator, public relations executive, senior corporate executive, photo-journalist and taxi driver among the most stressful jobs.On the other hand, job of a software engineer has topped the list in the best jobs category, followed by actuary, human resources manager, dental hygienist and financial planner.Software engineers earn a median income of more than $ 88,000 with few physical demands and minimal stress, it noted.The report further said that those in the top categories earn between $ 68,000 to $ 104,000 annually.