Thursday, August 4, 2011
Asian stocks tumble after heavy sell-off on Wall Street
Wednesday, August 3, 2011
Syria unrest: UN condemns government crackdown
It is the first clear condemnation issued by the Security Council, which includes longstanding allies of Syria such as Russia.The UN Security Council has condemned the Syrian government for a deadly crackdown on protesters.It comes as the Syrian army attacks Hama, a centre of opposition protest, with reports of much loss of life.It was adopted over the fears of some members that any action could lead to Libya-style intervention.Dozens of people are believed to have been killed in the action against Hama, with residents saying tanks have now shot their way into Assi (Orontes) Square, in the centre of the city of 800,000 people.Human rights groups say at least 140 people have been killed in the Syrian unrest since Sunday, mainly in Hama, adding to a civilian death toll believed to be more than 1,600 since March.In Wednesday's statement, the council says it "condemns the widespread violations of human rights and the use of force against civilians by the Syrian authorities".
European members of the 15-nation council had pushed for a strong resolution condemning the Syrian government and calling for a rights inquiry.The statement said those responsible for the violence should be held accountable.The BBC's correspondent at the UN in New York, Barbara Plett, says the statement is less than what the European states on the council would have liked, but more than might have been expected given the strong opposition from some members to saying anything on Syria.It also called for "an immediate end to all violence and urges all sides to act with utmost restraint, and to refrain from reprisals, including attacks against state institutions."The statement stressed that the only solution to the crisis was a Syrian-led political process, in effect ruling out outside intervention, says our UN correspondent.
European members of the 15-nation council had pushed for a strong resolution condemning the Syrian government and calling for a rights inquiry.The statement said those responsible for the violence should be held accountable.The BBC's correspondent at the UN in New York, Barbara Plett, says the statement is less than what the European states on the council would have liked, but more than might have been expected given the strong opposition from some members to saying anything on Syria.It also called for "an immediate end to all violence and urges all sides to act with utmost restraint, and to refrain from reprisals, including attacks against state institutions."The statement stressed that the only solution to the crisis was a Syrian-led political process, in effect ruling out outside intervention, says our UN correspondent.
Tuesday, August 2, 2011
US avoids default as Obama signs debt bill into law
The bill cleared its final hurdle in the Senate by 74 votes to 26.President Barack Obama has signed legislation to increase the US debt ceiling and avert a financial default after Congress voted in favour of a bipartisan compromise deal.It raises the debt limit by up to $2.4tn (£1.5tn) from $14.3tn, and makes savings of at least $2.1tn in 10 years.The deal was struck after negotiations between Republicans, Democrats and the White House went down to the wire.Without a deal to raise the debt ceiling, the US would have been unable to meet all its bills, the treasury department had warned.Speaking at the White House shortly after the decisive vote in the Senate, President Obama said it was "pretty likely that the uncertainty surrounding the raising of the debt ceiling for businesses and consumers has been unsettling".The bill's signing came roughly 10 hours before the expiry of a deadline for Washington to raise its borrowing limit."It's something we could have avoided entirely," he added.
He urged Congress to now look to boost the economy through measures to create jobs and increase consumer confidence.The president said more action was needed, saying it was impossible for the US to "close the deficit with just spending cuts"."We can't balance the budget on the backs of the very people who have borne the biggest brunt of this recession," President Obama said, reprising one of his key themes of recent weeks.
He urged Congress to now look to boost the economy through measures to create jobs and increase consumer confidence.The president said more action was needed, saying it was impossible for the US to "close the deficit with just spending cuts"."We can't balance the budget on the backs of the very people who have borne the biggest brunt of this recession," President Obama said, reprising one of his key themes of recent weeks.
Monday, August 1, 2011
PM acting under secret 7-pt deal: NC
NC chief whip Laxman Ghimire alleged that the fresh bid by the prime minister to induct new Maoist ministers was tantamount to throwing away the five-point deal into the dustbin."We can no longer expect Prime Minister Khanal to deliver on peace and new statute. The prime minister is moving ahead on the path set out by the controversial seven-point deal," he said. "We will continue with the House obstruction until the five-point deal is implemented and the prime minister steps down," he further said. The NC has been obstructing the parliament for past several days to exert pressure on Prime Minister Khanal to step down immediately.
Prime Minister Khanal had visited the residence of NC President Sushil Koirala on Sunday to court NC´s support for cabinet reshuffle. NC leaders said the fresh move of the prime minister only vitiates the environment of national consensus. "The move of the prime minister to administer oath of office and secrecy to new Maoist ministers is an attempt to revive the controversial seven-point deal," said NC leader Ramesh Lekhak.
Among other things, Prime Minister and UML Chairman Khanal and UCPN (Maoist) Chairman Pushpa Kamal Dahal in the ´secret´ deal had agreed to lead the government by turns. NC has grown suspicious as the Maoist leaders have been publicly saying that Maoist would lead the government after August 31 -- the deadline of the extended term of the CA -- as per the secret seven-point deal.
Sunday, July 31, 2011
Obama announces US deficit deal between party leaders
Saturday, July 30, 2011
US Republicans confident about deal on US debt limit
Republican Senate leader Mitch McConnell said there was "a level of seriousness with the right people at the table".Republican leaders have expressed confidence that a deal can be struck to raise the nation's debt limit before Tuesday, and avert possible default.In a sign of the level of anxiety over the issue, troops in Afghanistan asked Adm Mike Mullen if they would be paid.Senior Senate Democrat Richard Durban spoke of "a more positive feeling".The admiral, who as chairman of the Joint Chiefs of Staff is on a visit to southern Afghanistan, said he did not know whether that would be the case if the US fails to raise the $14.3tn (£8.7tn) limit by 2 August.Democrats and Republicans have so far rejected each others' proposals for cutting spending and raising the debt limit.Late on Saturday, Mr Reid said he was postponing a planned procedural vote on his bill in the Senate.President Barack Obama backs Senate Majority Leader Harry Reid's proposal, which would cut $2.2tn from deficits and raise the debt ceiling by $2.7tn, meaning the issue would not have to be revisited until after the 2012 elections.
Plane from New York crashes at Guyana airport
Rescuers struggled in the dark to free other passengers from the wreckage.One woman described how a taxi driver got to the scene before the emergency services and charged her to be driven back to the terminal.Her husband opened the emergency door and passengers began escaping, she added.There were 157 passengers and six crew on board, it said.The accident occurred at 0132 local time, according to a statement from Caribbean Airlines.They are being treated in hospital in Georgetown.Caribbean Airlines, which is majority-owned by Trinidad and Tobago with Jamaica holding a minority stake, does not have a history of serious safety problems.Health Minister Leslie Ramsammy told the French news agency AFP one person had suffered a broken leg and several others sustained minor bruises.
Thursday, July 28, 2011
Libyan rebel commander Abdel Fattah Younes killed
NTC head Mustafa Abdul-Jalil said Gen Abdel Fattah Younes was killed by assailants, and the head of the group responsible had been arrested.The military commander of the Libyan rebels fighting to topple Col Muammar Gaddafi has been killed, the rebel National Transitional Council says.Reports said Gen Younes was suspected of ties to pro-Gaddafi forces.Two aides to Gen Younes, Col Muhammad Khamis and Nasir al-Madhkur, were also killed in the attack, Mr Jalil said, adding that there would be three days of mourning in their honour.He said Gen Younes was summoned for questioning about military operations, but never made it to the meeting.Gen Younes is a former Libyan interior minister who defected to the rebel side in February. He was also part of the group that helped bring Col Gaddafi to power in 1969.The exact circumstances of the killings were unclear, and Mr Jalil did not say directly that the assailants were allied with Col Gaddafi.Shortly after the announcement of Gen Younes' death, gunmen entered the grounds of the hotel in the eastern city of Benghazi where Mr Jalil was speaking, reportedly firing into the air before being convinced to leave.
Some unconfirmed reports said Gen Younes and two aides had been arrested earlier on Thursday near Libya's eastern front.
Wednesday, July 27, 2011
Libya condemns UK for recognising rebels as sole power
Tuesday, July 26, 2011
Norway attacks: Police publish names of terror victims
Police chief Sveinung Sponheim said names would continue to be released at 18:00 local time (16:00 GMT) each day until all the victims had been identified and all relatives informed.
Monday, July 25, 2011
Mass rallies for Norway victims
Sunday, July 24, 2011
Norway gunman faces court hearing
Saturday, July 23, 2011
Norway suspect 'admits attacks
Anders Behring Breivik, 32, described his actions as "gruesome but necessary", and said he would explain himself at a court hearing on Monday.Police have also said another person may have been involved in Friday's attacks, which happened within hours of each other.In Oslo police said the death toll could rise further as bodies or body parts were in buildings damaged by the bomb but still too unstable to search.Four people from the island camp shooting are yet to be found; it is thought some may have drowned after swimming out into the lake to escape the hail of bullets.At least 85 people died when a gunman ran amok on Utoeya island on Friday, hours after an Oslo bomb killed seven.As Norway mourned the victims, police continued to search for the missing.The man accused of a massacre at a youth camp in Norway and a bombing in the capital, Oslo, has admitted responsibility, his lawyer says."He thought it was gruesome having to commit these acts, but in his head they were necessary," Mr Breivik's lawyer Geir Lippestad told Norwegian media.He added that the actions had been planned for some time.The suspect is reported to have had links with right-wing extremists.A 1,500-page document written in English and said to be by Mr Breivik - posted under the pseudonym of Andrew Berwick -was also put online hours before the attacks, suggesting they had been years in the planning.Still pictures of him, wearing a wetsuit and carrying an automatic weapon, appeared in a 12-minute anti-Muslim video called Knights Templar 2083, which appeared briefly on YouTube.
Mr Breivik has been charged with committing acts of terrorism, and is due to appear in court on Monday when judges will decide whether he should be detained as the investigation continues.
Friday, July 22, 2011
'Eighty dead' in Norway shooting
Some of the teenagers were shot at as they tried to swim to safety; police say they discovered many more victims after searching the area around the island."It goes without saying that this gives dimensions to this incident that are exceptional," police director Oystein Maeland is quoted as saying by the Associated Press news agency.Eyewitnesses described how a tall, blonde man dressed as a policeman opened fire indiscriminately, prompting camp attendees to jump into the water to try and escape the hail of bullets.Police warned the death toll may rise further as rescue teams continued to scour the waters around the island."The country has no finer youth than young people who go for a summer camp doing politics, doing discussions, doing training, doing football, and then they experience this absolutely horrendous act of violence," he said.Mr Stoltenberg had been due to visit the camp on Saturday. Foreign Minister Jonas Gahr Store, who visited the camp on Thursday, praised those who were attending."He first shot people on the island. Afterward he started shooting people in the water," youth camp delegate Elise told the Associated Press news agency.One 15-year-old eyewitness described how she saw what she thought was a police officer open fire."He asked people to gather round and then he started shooting, so these young people fled into the bushes and woods and some even swam off the island to get to safety.""He travelled on the ferry boat from the mainland over to that little inland island posing as a police officer, saying he was there to do research in connection with the bomb blasts," NRK journalist Ole Torp told the BBC.The gunman is reported to have been armed with a handgun, an automatic weapon and a shotgun.
Thursday, July 21, 2011
Eurozone agrees new 109bn euros Greek bailout
The deal, struck at an emergency summit of the Eurozone's 17 member countries, also involves support from the International Monetary Fund (IMF).For the first time, private lenders, including banks, are also pledging support which will give Greece easier repayment terms.French President Nicolas Sarkozy said private lenders will contribute a total of 135bn euros over 30 years to Greece."And this in the end of course will mean not only the funding of a programme but it will also mean the lightening of the burden on the Greek people."The Greek Prime Minister, George Papandreou, welcomed the deal: "We now have a programme and a package of decisions which create... a sustainable debt management for Greece.Banks and other private investors will contribute 37bn euros to the package.Leaders of the Eurozone countries have agreed a new bailout package for Greece worth 109bn euros ($155bn, £96.3bn).
Wednesday, July 20, 2011
Phone hacking: Scotland Yard boosts probe team
The police team investigating phone hacking has been boosted from 45 to 60 officers, Scotland Yard has said.
Tuesday, July 19, 2011
Florida teen Tyler Hadley 'killed parents, threw party
Monday, July 18, 2011
NoW phone-hacking whistle-blower Sean Hoare found dead
A former News of the World journalist who made phone-hacking allegations against the paper has been found dead.
Sunday, July 17, 2011
Met Police Commissioner Sir Paul Stephenson quits
Metropolitan Police Commissioner Sir Paul Stephenson has resigned following the phone hacking scandal.Britain's most senior police officer has faced criticism for hiring former News of the World executive Neil Wallis - who was questioned by police investigating hacking - as an adviser.Earlier, she said she would address MPs on Monday about her "concerns" over the closeness of the relationship between News International and police.She said: "Sir Paul has led the force through difficult times and although current circumstances show that there are still serious issues to be addressed, I believe that the force is operationally stronger today now than it was when he took over."He also said he had no knowledge of the extent of the phone hacking.Home Secretary Theresa May said she was "sorry" he had resigned and thanked him for all the work he had done during his time in office.He said there were lessons to be learned from the affair, but he was leaving with his integrity intact.Sir Paul said his links to the journalist could hamper investigations.
Saturday, July 16, 2011
Somalia drought: UN delivers aid to Islamist areas
Andrew Mitchell is touring the huge Dadaab camp in north-eastern Kenya to see the scale of the crisis caused by the drought, the Horn of Africa's worst in 60 years which is estimated to be affecting some 10 million people.But the UK's overseas aid minister told the BBC the UK would not deal with al-Shabab, which controls much of Somalia.It comes as the UK pledged £52.25m ($84m) in emergency drought aid.Unicef airlifted food and medicine to malnourished children to the central town of Baidoa, more than 200km (about 125 miles) north-west of the capital, Mogadishu.Ms Chorlton, the Unicef representative for Somalia, said al-Shabab had assured the agency it could operate without undue interference.UN children organisation's Rozanne Chorlton said al-Shabab had given UN workers unhindered access and hoped this would encourage other agencies.Al-Shabab, which rules over large swathes of south and central Somalia, had imposed a ban on foreign aid agencies in its territories two years ago, accusing them of being anti-Muslim. It lifted the ban 10 days ago as long as groups had "no hidden agenda".
Unicef paid no fees to al-Shabab, and that the success of the mission meant it would be repeated in the near future, she added."They gave assurances that our access for humanitarian purposes would be unhindered and that we would be able to reach the people who need support most," Ms Chorlton told the BBC.
Unicef paid no fees to al-Shabab, and that the success of the mission meant it would be repeated in the near future, she added."They gave assurances that our access for humanitarian purposes would be unhindered and that we would be able to reach the people who need support most," Ms Chorlton told the BBC.
Friday, July 15, 2011
News Corp's Les Hinton resigns amid phone-hack scandal
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