Friday, October 25, 2013

Reuters

China and Europe make up after averting trade war

Photo
Thu, Oct 24 2013
BRUSSELS (Reuters) - China and the European Union sought to mend ties on Thursday after narrowly avoiding a trade war this year, but the EU's trade chief told Beijing to stop handing out state subsidies that Brussels says are illegal.
Europe is China's most important trading partner and for the EU, China is second only to the United States, but the bilateral relationship has been bedevilled by a series of damaging trade rows ranging from steel and wine to solar panels.
"China is ready to work with the European Union to set out a comprehensive plan for the future of EU-China relations," China's Vice-Premier Ma Kai told a news conference alongside the EU's two most senior economics and trade officials.

Schumpeter

Business and management

Swiss banks and tax evasion

Arresting developments

THE long arm of American justice continues to bludgeon Swiss financiers who stand accused of aiding tax evasion. It emerged this week that Raoul Weil (pictured above), a former head of the wealth-management division of UBS, Switzerland’s largest bank, had been arrested on October 19th at a hotel in Italy, apparently while on holiday with his wife. He faces an extradition request from the United States, which branded him a fugitive after he failed to appear before authorities several years ago, leading to the issuance of an international arrest warrant. Mr Weil is the biggest fish to be netted since 2008, when America launched its brutal assault on tax-dodging citizens and those who assist them.

Thursday, October 24, 2013


Spying row: Merkel urges US to restore trust at EU summit

Germany's Chancellor Angela Merkel has said it is "really not on" for friends to spy on each other, after allegations of US snooping on her phone calls.
She said she had given that message to US President Barack Obama when they spoke on Wednesday.
Speaking after the first day of an EU summit in Brussels, Mrs Merkel said France and Germany wanted to hold talks with the US to settle the matter.
Other EU leaders also voiced concern about the scale of US surveillance.

Free exchange

Economics

Economic recoveries

Britons, Poles apart

WHILE the euro zone has been slowly emerging from recession, two European countries outside the club have, so far this year, enjoyed speedy economic recoveries. The economies of Britain and Poland have both rebounded from growth dips last year, exceeding most analysts’ expectations for 2013 (see chart). As recently as last December consensus forecasts suggested that Britain would only grow 1.1% this year. That looks far too pessimistic; the British economy grew almost that much in the first six months of the year alone. Experian Economics, a consultancy, has even suggested growth could be as high as 2.1% in 2013. Poland’s rebound has also taken many international forecasters by surprise. On October 21st, the Central Statistics Office for Poland confirmed that annual growth had reached 0.8% by the end of June, in contrast to worries of persistent zero growth last year. Growth rates appear to be accelerating as well. The Organisation for Economic Co-operation and Development’s forecast for Polish GDP growth, of 0.9% for 2013, now seems likely to be exceeded. Growth may reach 2.2% in 2014.

EU lawmakers seek to block U.S. financial spying

Photo
Wed, Oct 23 2013
By Robin Emmott
BRUSSELS (Reuters) - The European Parliament called on Wednesday for U.S. access to a global financial database in Belgium to be suspended due to concerns that the United States is snooping on the European Union, not just combating terrorism.
EU lawmakers voted to freeze Washington's ability to track international payments because of suspicions that it has abused an agreement giving it limited access to the SWIFT database.
They worry the United States is covertly drawing additional information from the database following leaked U.S. documents aired by Globo, Brazil's biggest television network, indicating that the U.S. government has secretly tapped into SWIFT.
"We need full transparency, especially with all the NSA revelations," said Guy Verhofstadt, leader of the Liberals in the European Parliament, referring to the U.S. National Security Agency surveillance made public by fugitive former NSA contractor Edward Snowden.
"Europe cannot accept that the data of private citizens is being accessed without anyone knowing about it," Verhofstadt, a former Belgian prime minister, told Reuters.
Although not binding, the parliament's vote reflects public anger at reports of NSA spying on European citizens. The European Commission - the EU executive - and EU governments will still need to approve any suspension of U.S. access to SWIFT.
The European Commission said a statement that it was "still waiting for additional written assurances" that the United States is respecting its agreement with the EU, but had no immediate plans to propose a suspension of SWIFT to EU members.
"U.S. LAP DOG"
The United States denies any wrongdoing.
David Cohen, the U.S. Treasury's undersecretary for terrorism and financial intelligence, has told EU Home Affairs Commissioner Cecilia Malmstrom his government has respected the 2010 agreement, according to an October 9 statement by Malmstrom.
The EU shares data with the U.S. Treasury from SWIFT, which exchanges millions of financial messages on transactions across the world every day, but only on a limited basis to help intercept possible terrorism plots.
The agreement is part of transatlantic cooperation following the September 11, 2001 attacks on U.S. cities.
The parliament in Strasbourg voted 280 in favor and 254 against with 30 abstentions, calling for a suspension until a full inquiry can clarify the situation.
"The EU cannot continue to remain silent in the face of these ongoing revelations: it gives the impression we are little more than a lap dog of the United States," said Jan Philipp Albrecht, a German Green in the parliament.
Globo's report of U.S. financial spying was among a host of leaks by Snowden that have tested EU-U.S. diplomatic relations.
French newspaper Le Monde reported this week that the NSA had recorded French telephone data on a huge scale between December 2012 and January this year. Other reports have accused the U.S. government of bugging European Union offices.
The parliament's call follows another vote by EU lawmakers for a tougher data privacy regime including fines for companies such as Google, Facebook, Yahoo! that violate rules limiting how data is shared with non-EU countries.
(Reporting by Robin Emmott; Editing by Alistair Lyon)

WWII era chemical bomb prompts evacuation in central Germany

Published time: October 24, 2013 19:03
Reuters / Michael Dalder
Reuters / Michael Dalder
The discovery of a stash of chemical warfare agents preserved since World War II prompted the evacuation of the residents in the eastern German town of Leuna in Saxony-Anhalt, local media reports.
An unexploded smoke aerial bomb and six integrated paper cartridges, all manufactured in Germany, were found at the site. Residents in a radius of 300 meters have been evacuated.
An expert team from the nearby town of Halle has been called to the scene for the liquidation of chemical weapons.

The defusing of the WWII era weapons should be started after noon, said deputy mayor Volker Stein as cited by Mitteldeutsche Zeitung.

Some media have reported a hazardous gas escaped the rusted containers.

The town of Leuna is a leading industrial site in Central Germany, which houses one of the biggest chemical industrial complexes in the country, producing a wide range of chemicals and plastics.

The discovery of WWII weapons in the region is common. On Tuesday, a bomb weighing 250 kg was discovered in a farmer’s field.  120 bombs have been found and defused in the region since 1992.

Google Maps
Google Maps

Offering thaw, EU opens new chapter with Turkey

LUXEMBOURG

Ankara’s long chilly negotiation path to EU membership lurches back into gear, with the union agreeing to restart membership talks next month

This file photo taken on June 20, 2007 shows a view of the Berlaymont building, the European Union Commission headquarters in Brussels, on the eve of a European Union summit. AFP PHOTO This file photo taken on June 20, 2007 shows a view of the Berlaymont building, the European Union Commission headquarters in Brussels, on the eve of a European Union summit. AFP PHOTO
The European Union agreed Oct. 22 to restart membership talks with Turkey next month, reviving Ankara’s long-stalled bid after a three-year break. The announcement received a cautious welcome from Turkey, with EU Minister Egemen Bağış saying it was important to open a new chapter but warning that “it takes more than one flower for it to be spring.”

EU European and foreign affairs ministers meeting in Luxembourg said the talks would resume in two weeks, with an inter-governmental conference to be held in Brussels on Nov. 5. The chapter on regional development - Chapter 22 - will be the 14th of 35 opened with Turkey.

The 28-nation bloc agreed to the resumption in principle in June, but then postponed talks in protest over the Turkish government’s crackdown on Gezi Park protesters.

EU Minister Bağış said the announcement represented a long delayed positive development. “Right after the release of the Progress Report we demanded from the EU to start the procedure for opening a new chapter. We will go to Brussels with Development Minister Cevdet Yılmaz in November and attend the ceremony marking the opening of the chapter,” Bağış said in an interview with private broadcaster NTV. “We see Nov. 5 as an important milestone, but it takes more than one flower for it to be spring,” he said.

Wednesday, October 23, 2013

EU action plan takes tough stance on organised crime

23/10 18:27 CET
Proposals in the 2014-2015 action plan include confiscation of criminals’ assets, abolishing bank secrecy and eliminating EU tax havens.
“We need major judical cooperation, major police cooperation, with all member states; we need more harmonisation of the legislation. And we need to believe, all together, that we can fight transnational crime, corruption and money laundering if there is better exchange of information and a strong political will,” said Salvatore Iacolino, spokesperson for the action plan and an MEP from the centre-right group.
MEPs backing the plan also want people found guilty of offences linked to organised crime to be banned from holding public office or bidding for state contracts.
Green group MEP Rui Tavares told euronews the adoption of the action plan is a positive move, but more is needed.
“It’s taking the right steps, for instance in asking for the creation of a European public prosecutor office. I think it is an important office because it would give the EU part of a judicial system that we do need, but it will be created in full separation of powers,” said Tavares.
Under the plan, penalties would be increased for criminals involved in human trafficking and forced labour and there would be better protection for the victims.
Copyright © 2013 euronews

Suicide bomb on bus in Russia kills five ahead of Sochi Olympics

A suicide bomber has killed several people and injured dozens in what appears to be the first in a promised campaign of terror against Russia ahead of the Sochi Winter Olympics.

The explosion that ripped through a passenger bus in the southern city of Volgograd around 2 pm on Monday afternoon killed at least five and injured 20, the country’s Investigative Committee said on Monday afternoon.
While initial reports suggested the explosion may have been caused by a hand grenade, investigators said Monday afternoon that they were working on the “preliminary” assumption that the attack was carried out by a suicide bomber.
Greece freezes state funding for far-right Golden Dawn party

Greek assembly votes 235-0 to suspend state funding for Nazi-inspired Golden Dawn party
whose leadership stand accused of criminal activities

Anti-terror police officers escort Nikos Michaloliakos, leader of the Golden Dawn party at the courthouse in Athens,

12:51AM BST 23 Oct 2013
Greek lawmakers voted late on Tuesday to suspend state funding for political parties accused of
criminal activities, a measure targeting the Nazi-inspired Golden Dawn group.
The proposal was backed by the conservative-led governing coalition, the main opposition and a small
left wing party – and was voted 235-0 in the 300 seat assembly.
It allows an indefinite funding freeze for parties whose leadership is charged with involvement in a
criminal group, or terrorism.

Anti-immigrant mob riots after Moscow murder


Turkish Airlines pilots seized in Lebanon seen in video


Two Turkish Airlines pilots who were kidnapped in Lebanon in August have appeared in a video broadcast on Lebanese television.
Murat Akpinar and co-pilot Murat Agca identify themselves in the 30-second video, saying say they are both well and want to go home.
They were abducted near Beirut's international airport, from a bus carrying crew members and passengers.

Monday, October 7, 2013

The New York Times


October 7, 2013

Greece Sees Return to Growth Next Year


ATHENS — Greece will emerge from six years of recession next year, a draft budget forecast on Monday, signalling the country is past the worst of a crippling debt crisis that nearly broke Europe's single currency.
Twice bailed-out Athens also confirmed it would post a budget surplus before interest payments this year for the first time in over a decade, and its battered economy won a vote of confidence from billionaire U.S. investor John Paulson.

Reuters

Exclusive: Spain's bad bank close to big land sale as disposals pick up

Photo
Fri, Oct 4 2013
MADRID (Reuters) - Spain's "bad bank" is about to start its biggest sale so far of land taken over from bailed-out lenders, as property prices in some of the countries worst hit by the euro zone crisis show signs of recovery.
The Sareb agency, set up to cleanse troubled Spanish banks of real estate holdings that went sour in the crisis, is taking advantage of growing interest from professional investors to catch up from a slow first six months of operations.

Thursday, October 3, 2013


Armenian culture in Turkey

From the ashes

Turkish Armenians are beginning to celebrate—and commemorate—their past

A DAINTY silver slipper, a hand-engraved copper bowl. Silva Ozyerli, an ethnic Armenian, runs a loving finger over these and other family treasures strewn across her dinner table in Istanbul. They are due to go on display at a new museum of Armenian culture in Ms Ozyerli’s native city of Diyarbakir at the end of 2013.

Wednesday, October 2, 2013

Amnesty accuses Turkey of 'brutal' Gezi Park protest abuse


Turkish authorities committed human rights abuses "on a massive scale" while trying to quell anti-government protests over the summer, Amnesty International says.

The group says live ammunition was used, killing one protester, and some women protesters were sexually abused.
It says other demonstrators were badly beaten, resulting in one death.

Russia Calls on Syria to Allow Aid

Russia agreed to a United Nations Security Council demand for its ally Syria to stop blocking humanitarian assistance to millions of Syrian civilians.

    By 
  • JOE LAURIA
Russia agreed to a United Nations Security Council demand for its ally Syria to stop blocking humanitarian assistance to millions of Syrian civilians whose lives are at risk amid the country's raging civil war.
Moscow backed a council statement on Wednesday that urged Syrian to "lift bureaucratic impediments and other obstacles" to allow more humanitarian relief across the country.


The consensus builds on diplomatic momentum that achieved a Security Council resolution on Friday to destroy Syria's chemical weapons stockpiles by mid-2014. Some officials are hopeful that Friday's deal—as well as the new humanitarian accord—can be parlayed into a broader political consensus to eventually halt the war, even as fighting escalates. The U.N. plans a Syria peace conference in November but hasn't been able to coordinate both sides' participation.
Wednesday's deal, agreed to by consensus by all 15 council members, urges Syrian authorities to smooth the efforts of U.N. and private aid groups to provide immediate humanitarian aid. More than 100,000 people have been killed in a 2½-year-old conflict that has also displaced millions of Syrians within the country and to neighboring countries.
"Over three million children are living in poverty…are caught in the crossfire, and are being displaced," said British Ambassador Mark Lyall Grant, adding that there were 6.8 million Syrians in need of aid. "Every 15 seconds a new refugee is created."
For the first time, the council called for aid to flow "across conflict lines" and "where appropriate, across borders."
Diplomats say the Syrian government has hindered aid deliveries, fearful they could fall into rebels' hands and allow arms to be smuggled across borders.
Bashar al-Ja'afari, Syria's U.N. ambassador, said Damascus welcomed the statement and defended his government's role in allowing humanitarian aid. But he damped expectations of cross-border aid by insisting that it must be coordinated between the U.N. and Damascus and that Syria's sovereignty be respected.


The U.S. and Russia didn't agree to a more stringent resolution that could have threatened enforcement if Damascus or rebels blocked aid. But the statement does call for an end to "impunity for violations of international humanitarian law" and says that "those who have committed or are otherwise responsible for such violations and abuses" in Syria must be "brought to justice."
The statement singled out President Bashar al-Assad's regime for "widespread violations" of human rights and international humanitarian law and the rebels for "any" human rights abuses by "armed groups."
In exchange for its consent, Moscow won explicit mention of al Qaeda's involvement in the conflict for the first time in any Security Council document.
The statement condemned "increased terrorist attacks resulting in numerous casualties and destruction carried out by organizations and individuals associated with al Qaeda." It called on "all parties" to put an end to "terrorist acts perpetrated by such organizations and individuals."
Mr. Ja'afari said, "It took 2½ year to finally see the council raise the awareness of some of its members of the role of terrorist groups operating in my country."
The opposition Syrian National Coalition also said it supported the council action. " It is now incumbent upon the Assad regime to take immediate steps to respect the will of the Security Council and to relieve the suffering of the Syrian people," the group said.
The council called on donor nations to pay for the international aid effort. "The U.N. appeal is only funded at 44% so there is a $3 billion funding gap," said Mr. Grant, the British ambassador.
With this statement, aid groups have Security Council backing when negotiating aid access with the Syrian government. "Our task now is to turn these strong words into meaningful action for the children, women and men who continue to be the victims of the brutality and violence," said Valerie Amos, the U.N.'s top humanitarian aid official.
 

 

Russia oil rig protesters charged with piracy

Four Greenpeace activists and a journalist may face up to 15 years in prison if found guilty.

Last Modified: 02 Oct 2013 11:16
 
The punishment for piracy may see activists jailed up to 15 years [Reuters]
Russian investigators have charged five Greenpeace campaigners from several countries with piracy over an open-sea protest against Arctic oil drilling, the environmental group said, calling the move an "outrage".

The charge filed on Wednesday dimmed hopes that 25 others detained over would be indicted on a lesser charge.

Gunmen attack Russian embassy in Libya's Tripoli

Published time: October 02, 2013 18:03
Edited time: October 02, 2013 21:32

Video still from Ruptly’s exclusive footage shows the Russian Embassy in Tripoli, Libya after an attack by unknown militants on October 2, 2013.
The Russian embassy in Tripoli, Libya, has come under fire and there were attempts to get into Russia’s diplomatic compound, Russia’s Foreign Ministry said in a statement.
“There has been an incident in Tripoli tonight, in which there was shelling and attempts to enter the territory of the Russian Embassy in this country,” Russian Foreign Ministry spokesman Aleksandr Lukashevich told RT. 

Clashes erupt as thousands march against fascism


Greek police clashed with protesters in Athens late Wednesday at the end of a huge march sparked by the murder of an anti-fascist musician, allegedly at the hands of a self-confessed neo-Nazi.
Protesters were seen hurling petrol bombs at anti-riot police, who responded with tear gas a few hundred metres (yards) from the headquarters of the neo-Nazi party Golden Dawn.
Some also attacked shops including a bank after police parked trucks in the road to block the protesters' access to the party offices.