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10/17/2011

Continuation of the global protests rage


Continued protests condemning the global financial system and global economic policies that perpetuate exploitation and greed against the millions of people, and has expanded its scope to include many cities around the world, and the number of participants and their clashes with security forces and arrests of protesters.
In the U.S., a stronghold of the protests, said of the "occupied the Wall Street" The event attracted no fewer than five thousand people marched to Times Square Midtown Manhattan in New York.
The police in Chicago that 175 angry demonstrators were arrested Sunday morning during the evacuation of a park where they congregate, after 90 minutes of the launch of the authorities warning that the group penetrate the Municipal Code.
And stop some of the demonstrators refusing to appear for police orders to leave the park seizing, while others left.
It was about 2000 people erected tents in the garden of the Grand Park on Saturday the center of Chicago, prompting police to warn them of the consequences of what they'll do that and the use of force to drive them out of it.
New York police announced Sunday that 92 people were arrested and wounded three police officers slightly injured in Times Square.
In the state of Arizona, said journalists and protesters that about 40 people were arrested in Phoenix Park because they remain there after the time specified by law.
In Miami, a city that rarely plays host to mass demonstrations, participated at least the middle of a thousand people, including young people and retirees denounced the greed of companies and banks and wars.
In Mexico City in Mexico, a few hundred gathered to protest the "exploiting" the rich elites.In the border city of Tijuana, approximately one hundred demonstrators, including university students to protest the lack of job opportunities for graduates.
In Canada, hundreds protested in the heart of Toronto financial district, and announced some of the demonstrators to sit indefinitely in St. James Park, were also protests in other cities across Canada.


Demonstrations in EuropeEurope, Portugal was the scene of the biggest protests, where more than twenty thousand people marched in the capital Lisbon, and a number of other similar Oporto in the country's second largest city, two days after the government announced a new package of austerity measures.
Broke through a fence and hundreds of police cordon around parliament in Lisbon and occupied grade marble, and the demonstrators chanted, "This debt is not our debt," and demanded the departure of the IMF of the country.

In the British capital, today staged a sit-at least 250 protesters outside the Cathedral of St. Paul in the heart of London, and vowed to stay indefinitely to show their anger at bankers and politicians.
While most of the protests were relatively small, and barely disrupted traffic, Rome protest attracted tens of thousands of people and spread to several kilometers in the heart of the city center.
And hundreds of demonstrators clashed Saturday with masked police in one of the worst violence in the Italian capital for years, and set fire to cars and smashed shop windows, banks, smashed traffic lights.
The Italian official source announced on Sunday that the violence in the streets of Rome led to the occurrence of 135 injured including 105 police officers have also caused damage to public property, estimated at around one million euros, and stressed the Mayor of Rome Gianni Alemanno on the need to move the right firmness in the face of the protesters.
Subscribe and about 4,000 Greek waving banners with slogans such as "Greece is not for sale", in a demonstration against the austerity measures Sentagma Square in the capital Athens theater of violent clashes between police and young people last June.
In Paris, about a thousand protesters gathered in front of the municipal council of the city, in conjunction with a meeting of finance ministers from the Group of Twenty after Pelevl brought them together in a suburb inhabited by the working class.
In Madrid, about two thousand people marched to the field of Puerta del Sol, where they raised banners saying "Enough is enough painkillers .. euthanasia to the banks."
In Germany, 6,000 people gathered in Berlin, Hamburg and Leipzig and outside the European Central Bank in Frankfurt on the impact of shouts of "We will not sell our future for the European Central Bank."
The peaceful demonstrators gathered in the field Baradblatz the President in the Financial Center in Zurich, but recorded a small protest in Dublin, Ireland.
In Amsterdam, about 50 tents erected in the courtyard of the stock market, and about 300 people gathered in the square before noon on Sunday.


Asia protestsIn Asia, hundreds of protesters took to the Japanese capital Tokyo with the participation of protesters, anti-nuclear energy, and gathered more than a hundred people in the Stock Exchange Taipei and shouted, saying, "We are 99% of Taiwan", and said that economic growth benefited only to the companies while barely covering the salaries of belonging to the middle class the basic costs .
In Hong Kong, which is located the headquarters of Asian investment banks including Goldman Sachs, gathered more than a hundred people in the field of stock exchange's central district, and joined college students to retirees and banners describing the banks of cancer.
In Manila, the capital of the Philippines organized a few tens of march to the U.S. Embassy, ​​carrying banners saying "Down with American imperialism" and "the Philippines is not for sale", while Singapore and Malaysia have seen small gatherings for fear of police repression.
And walked about 250 South Koreans on the streets of Seoul to protest what they described as greedily companies and the widening gap between incomes, reported South Korean news agency Yonhap that - despite the rain - as activists rallied off the headquarters of the Financial Services Committee, the largest system of financial regulation in the country.
Africa, Australia and New ZealandSouth Africa has seen similar demonstrations in major cities, including Johannesburg, Durban and Cape Town, Johannesburg, in the demonstrations focused on the conditions of the stock market, and dozens of demonstrators carrying banners sent political messages, including "Feltenstwa of the people" and "Fletkasem people's wealth."
In Sydney, about two thousand people, including representatives of indigenous peoples, socialists and representatives of labor unions, protest outside the Central Bank of Australia.
In the major cities of Auckland, New Zealand, about 3000 people took part in a protest, chanting slogans and banged drums.
The response of thousands of people around the world with a call to "angry" to demonstrate Saturday in the first day of mobilization to protest deteriorating economic conditions and the dominance of capital.
Under the slogan "People of the world Arise" and "down to the street," and "Make a new world," he called "angry" to protest in 951 cities in 82 countries, depending on the location "15 October", to protest the economic situation is fragile emerging from the crisis global economic power and capital.

Source: Agencies

Violent clashes in Yemen





















Dissident soldiers helping the protesters were injured in the courtyard of the change on Sunday (French)
Violent clashes broke out between forces loyal to President of Yemen and tribal militants in the capital Sanaa where the parties used heavy weapons, hours after the killing and wounding a number of people following the rumors about the government troops opened fire on opposition demonstrations of the system.
 
Was quoted by the Associated Press reports that its correspondent in Sana'a, violent clashes broke out at three o'clock Monday morning local time between the forces loyal to President Ali Abdullah Saleh and militants in different areas in which both sides used artillery and mortar shells.
 
According to the source itself, not yet clear, the death toll in these clashes, but the sources of local medical reported deaths of at least three people in the arena of change, with marching protesters claimants departure of President Saleh, and wounded six others after the fall of an artillery shell hit their house in an area in Sanaa.
 
The clashes prompted Palmatsaman to flee from the scene to buildings adjacent to the shelter from the shelling and clashes, which remained constant until the ears of dawn to resume again shortly thereafter.
 
The German news agency had quoted to the site "NewsYemen" story as saying on Monday that a number of artillery shells fell on the arena of change in Sana'a, while the spin violent clashes between forces loyal to President Saleh and tribal militants belonging to Sheikh Sadiq Red market good in the neighborhood of measles before the Shura Council in Street TV.


Sunday's fightingThe French news agency quoted its correspondent in Sana'a, saying that violent clashes erupted between the soldiers of the band the first armored led by Major General dissident Ali Mohsen al-Ahmar and snipers loyal to the benefit in the neighborhood of the door bottom on Sunday evening, in addition to similar clashes with forces loyal to President of Yemen in the neighborhood of the old university and near the hospital, the Republican and at the intersection of the center of a huge and Zubairy Sana'a.
 
The intensified fighting between forces loyal to dissident and at noon, where he heard the sound of large explosions in the roundabout and the entrance to Kentucky Zubairy Street.
 
The news comes just hours after the killing of 13 people, including seven soldiers loyal to the revolution, while dozens of others wounded.
 
News reports said that it was described Balblatjh and forces loyal to President Yemeni shot and anti-armor on demonstrators in the capital, groups of demonstrators were heading to the streets located in the vicinity of the presidential palace, and the other demonstrators in the streets of electricity and the bottom.
 
The reporter said that the shooting occurred when tens of thousands of protesters trying to progress towards the streets, about one km away from the presidential palace.
 
FirstThe French news agency quoted witnesses as the Soldiers of the first armored led by Major General Red were at the forefront of the demonstrators so exposed to lead, before he could hundreds of thousands of demonstrators from passing through Zubairy Street's main business line between the opponents of President Ali Abdullah Saleh and the his supporters.
 
The demonstrators had set off from the square in the center of Sanaa change before they would be living bullets by gunmen civilians and security police near the Central Republican Hospital and South East Fish Market Square change, and fired on the demonstrators from the western side of the street Zubairy.
 
In the city of Taiz, south of Sanaa, killing Aziza Othman Ghaleb protester shot dead by snipers loyal to President Saleh when they opened fire on demonstrators in the area of ​​Wadi judge, according to what the source of the organizing committee of the demonstration, referring to the injury of at least three demonstrators were wounded.
 
AdenIn the south, Yemeni authorities announced Sunday adjust the amount of explosives and explosive devices in Aden south of the country.
 
Quoted by the official Yemeni news agency Saba quoted a security source as saying that security forces seized a mortar wrapped textured "T. That. T", wires and detonators are equipped to blow up, "was in possession of three terrorists who bring them to carry out a terrorist act."
 
Referred to the heated confrontations taking place since May / May last in Abyan province near Aden, following the control of al-Qaeda on the three cities in the province in question.
Source: Al Jazeera

Double salt into the hard drive



















Scientists in Singapore developed a surprising use of ordinary table salt, saying the possibility of help in dealing with the growing amounts of data and stores which are formed by individuals and companies.
A new manufacturing process - which includes sodium chloride - to enhance the capacity of hard drives of computers multiplying six times.
The Daily Telegraph that this discovery research done by the Agency of Science and Technology in collaboration with the Singapore National University of Singapore and the Institute for data storage.
These bodies have developed a process that can increase the density of data recording for hard drives up to 3.3 terabytes per inch per square, which is six times the recording density of the current models.
Means adding sodium chloride to the manufacturing process standardization bits (information units) on the surface of each CD-ROM, which allows the confinement of more data.
It has good salt and the degree of clarity of e-beam used in the printing bits.
Said Dr. Joel Yang - who led the development process - that this discovery could give a very high degree of variation, "and we can now see the fine lines that are usually not clear."
According to Dr. Yang, the new method can be put on the market price of a trade by the year 2016 when it implemented the current methods and HDD makers need to find alternative ways to increase the data storage space.

Source: The Daily Telegraph

80 dead Central American rain






















More areas of El Salvador, Central America affected by climate change (French)
The number of those killed by the torrential rains that swept through Central America last Wednesday morning to about eighty thousand and 150 people affected, they lost their homes and crops.

El Salvador was the most affected countries in the region in terms of the number of deaths rose to 32, is expected to grow worse the weather, officials said.

The rains caused mudslides and destruction in the main streets and isolated villages, and thousands of families lost their homes and crops in an area classified by the United Nations as the most affected by climate change.

In a letter addressed to the people, the President said that El Salvador Mauricio Fens before the real test, pointing out that the displacement of some twenty thousand and isolate areas completely because of damage to roads.

The death toll in Honduras to 13 and driven 31 thousand in the period from Thursday to Sunday when heavy rains turned the tables small to floods, which declared a state of emergency in the south of the country.

In Nicaragua, authorities said eight people were killed and declared a state of high alert in the northern part of the country.

Nearly three children the first Saturday in Colombia by the floods, according to officials.The mudslides swept away six people from the mountain road on Sunday in the province of Choco on the border with Panama.

In Guatemala, have fallen 28 and damaged more than 110 thousand people, according to President Colom Afro, who declared a state of emergency, and explained that the majority of the incidents took place Saturday in the province of Guatemala.
The United Nations Central America one of the areas most affected by the effects of climate change. Natural disasters in 40 years killed more than 50 thousand people, and the loss of tens of millions of dollars in damage, according to university studies of European and Latin American.


 
Source: Agencies

$ 4 compensate for the lives of Korean





















Training operations for South Koreans last year near the buffer zone between the two Koreas (French)

Received the sister of a soldier from South Korea as compensation for his death during the Korean War that took place between 1950 and 1953, which was an embarrassment to the officials enrolled in the law is.


The sister of the soldier at the age of two years when her brother was killed in the war, did not know its existence until a neighbor told her so, as media reported that indicatedMonday that the mother suffered from senile dementia.


The family did not receive any compensation for the life of her son until April / April, whenhis sister received the amount of five thousand won (4.3 dollars), according to the law that takes effect since the war.


The Commission described the fight against corruption and civil rights Balgaamadpresidential decision, and called on the Government to review, stressing the need tocompensate the families of veterans who participated in the Korean War still alive andsuffering.


For its part, supported by the Ministry of Citizenship and veterans need to formulate a new law to provide adequate compensation.


It was about 140 people have been killed in the war as well as the loss of 130 thousand others, according to data from the Ministry of Defense of South Korea.


Source: Reuters

Denounce my rights "violations" in Yemen





















There were at least thirty civilians were killed and hundreds injured during the past two days in Sana'a (Reuters)
Condemned by the Arab Organization for Human Rights and what it called violations and ongoing crimes against peaceful protesters in Yemen, and called for taking a more serious international position and to ensure accountability of perpetrators of crimes and abuses, in the words of the organization.

The organization - which the Cairo-based company, in a statement obtained Jazeera Net a copy of it - is deeply shocked by what they described as the gravity of the crimes and atrocities committed by forces loyal to President Ali Abdullah Saleh, the right of peaceful protesters in Sana'a over the past two days, where there were at at least thirty civilians, and wounded hundreds.

The organization said that the forces in favor of "his loyalists and criminals" have used live fire and rocket-propelled anti-tank "to undermine the honest people of Yemen."

She pointed out that the regime in Yemen push forward Bmkhttath to ignite a civil war prolong his rule, especially after it became the Yemeni file on the table of international security.

The human rights organization expressed concern that the lead Petrakhi what it described as the international situation - who "bowed to the pressure of regional" Throughout the past five months - to achieve the objectives of the benefit system "to spread chaos," and waste more of noble blood, she went on.

Demanded at the end of its statement the international community and Arab to shoulder its responsibility to stop the bloodshed in Yemen, and invited to take urgent and effective measures to stop "these crimes immediately", and stop the country sliding to the specter of civil war.


It is noteworthy that the Yemeni arena is witnessing a wave of protests over the past months, demanding to drop the system, which has stepped up its attacks on demonstrators, killing many of the dead and wounded.

Source: Al Jazeera

10/16/2011

Cost of the "Arab spring" 55 billion dollars





















The cost was greater in countries that faced a bloody suppression of the revolution such as Libya (German - Archive)



A study conducted by an advisory group to the economic consequences of so-called Arab spring commissioned Libya, Syria, Egypt, Tunisia, Bahrain and Yemen 55 billion and $ 84 million, a loss would affect the GDP of these countries and their balance sheets.

 

She Jeopolisti group in her study, which was based on a database of the International Monetary Fund, the worst loss incurred by states that have cropped up where the popular revolts through bloodshed, which Syria and Libya, where the estimated cost of the revolution in first with $ 27.3 billion in the second, with $ 14.2 billion.

 

Egypt comes in third place with 9.79 billion dollars in Tunisia Bmiliran and $ 52 million and Bahrain billion and nine million dollars, primarily the latter Yemen to $ 98 million.

 

And will lose the total GDP of the six countries of $ 20.56 billion, while losing their balance sheets $ 35.5 billion as a result of declining revenues and increased burden.


Shrinking revenues
According to the same study, the cost of the revolution was so on the Libyan economy, including oil exports, which stalled for months, which cost the country nearly 7.7 billion dollars which is more than 28% of the gross domestic product of Libya.


And led a revolution in Egypt January 25 that toppled former President Hosni Mubarak to eat approximately 4.2% of GDP, due to high government expenditures by about $ 5.5 billion and reduced revenues by approximately 75 million.


In Syria, forecast available to the cost of the protests against the Assad regime to GDP be approximately six billion dollars, representing 4.5% of GDP, and the Yemen - the weakest Arab economy - the consequences of the turmoil led to the deterioration of the local currency and exacerbate the extent of poverty and economic damage the other, has resulted in the loss of about 6.3% of GDP.


Tunisia, Bahrain
As for Tunisia, which started from sparks recent uprisings, the estimated cost of the revolution on the economy in the range of two billion dollars, or 5.2% of GDP, which increased expenditures by 746 million, which shook the fiscal balance.


While the decline in GDP in Bahrain with about 2.77% as a result of the protests that swept the country months ago, has tempered the brunt of the country's oil revenues, and increased the size of government spending by nearly $ 2.1 billion.


But in return there was a positive impact on the budgets of the revolutions of other Arab countries, especially oil exporters, where the price of a barrel of oil increased its oil revenues for Saudi Arabia by 25% and the UAE with 31.8%.


A study group Jeopolisti that is required now is to develop a road map to take advantage of financial support pledged by the Group of Twenty seven adults and a group of Arab countries where popular uprisings.


Without this plan, the loans that would take these countries from the IMF or the World Bank would be limited impact in the course of implementation of the reforms desired.

Source: Agencies + island

Suicide machine for sale auction America





















Kevorkian, known as Dr Death (French - Archive)

Was "suicide machine" that belong to the American doctor Jack Kevorkian, known as Dr Death - one of the most zealous advocate of assisted suicide, which is still controversialmoral midst of the doctors - for sale at public auction held in New York later this month.

According to the site (PeopleSoft) the U.S. that the machine used to relieve the pain ofpatients who reached the final stages of their illness by helping them to death, will be presented with a variety of personal purposes Kevorkian at an auction hosted by the New York Institute of Technology in Manhattan on 28 this month.

Kevorkian was launched on the machine name Tanatron, knowing that he used to assist approximately 130 patients to die in the nineties of the last century.

Kevorkian was convicted of second-degree murder in 1990, and sentenced to between 10and 25 years, but was released in 2007.

He died last June at the age of 83 years because of problems in the kidneys and heart.


Source: UPI

Saeidin cultivation of American missing limbs





















Mangino after the operation, which doctors described the results as a resounding success (Reuters)
Announced Brigham Hospital in Boston transplant surgery in the new Saeidin rare for a man (65 years) had the sleeves and legs, in the surgery lasted 12 hours.
And succeeded battalion of more than 40 doctors, nurses and paramedics in planting forearms to Richard Mangino last week in the surgery lasted 12 hours.
Mangino said he copes with the new forearms gradually, and no longer need "to do a miracle," a day to do things as simple as preparing a cup of coffee or wear clothes.
He said in a news conference where he was sitting in a wheelchair, putting both arms and his hands on a set of pillows, he prayed to be able to touch the faces of his grandchildren and to wipe his hand on their hair and to teach them how to throw the ball.
And the loss of Mangino, who lives in the neighborhood of River, Massachusetts, forearms and legs after suffering blood poisoning in 2002.
The hospital said the surgery is complex included the cultivation of the skin and tendons, muscles, ligaments and bones and blood vessels Balsaeidin and hands. The doctors said that Mangino move independently of his fingers a few days after surgery, and described the results as a "resounding success".
It will take several months of recovery, and doctors are expected to regain the sense of touch in as little as six to nine months with continued therapy to help him learn to pick things up and catch her.
And condemns the cultivation of the second surgery is carried out by Brigham Hospital Foundation, a subsidiary of the Faculty of Medicine at Harvard University.
Transplant was condemned for the first time in France in 1998 while the first surgery took place in the United States a year later.

Source: Reuters

Exacerbate unemployment in Yemen





















Aden graduates demanding jobs (Alice)


Samir Hassan - Aden

Cast a paralysis experienced by the Yemeni economy, since the start of the outbreak ofprotests by about nine months, the shadows on the living conditions of people after theloss of thousands of workers their jobs, causing lifting the unemployment rate to nearly45% compared with 30% before the outbreak of protests.

Layoffs
According to economic estimates, the number of workers who have been demobilized in the construction sector alone is estimated at half a million workers over the past months, which points to the increasing rates of unemployment to a record high and threatens thepoverty indicators.

According to the Director of the Center for Studies and Economic Media Yemeni Mustafa Nasr, the tourism sector is the sector most prominent in terms of vulnerability, followed by the construction sector and the investment sector in general.

He said in an interview on the island that information obtained by the center according tothe demobilization of tens of thousands of employees of these sectors, which occupy a large proportion of Yemeni workers, the closure of nearly eight hundred plant due to the difficulties faced by the factories in obtaining petroleum products, especially diesel.

The manager of the center to the decline in the productivity of the agricultural sector due tothe disappearance of diesel, and thus reduce the operating level of the workforce in this sector.

A number of provinces witnessed during the past two months out of thousands of university graduates to the streets to protest the ranks of youth unemploymentAnd to demand the adoption of functional degrees of them, also saw the government facilities unrest and protests to demand their entitlements regardless of Finance.
 
Nasrallah believes that the rate of unemployment in Yemen has increased since the start of the protests by 15% by the state of economic paralysis which rose to nearly 45% among those who can work a comparison between 30 and 37% before the outbreak of protests.
 
He added that unemployment is growing daily with paralysis taking place in the economy due to the closure of thousands of small and medium enterprises, which leads to significant challenges Yemen will not be able to exceed any governments come.
 
Said shipping sources in Aden harbor of the island that the operator of the port last week ended its contract with nearly sixty miners were working at the port on loan.
 
The source pointed to a reduction in the traffic at the port, and a reduction in imports and exports across the maritime port to almost half compared to last year.
 
Risk of starvationFor his part, Professor of Investment and Finance, University of Aden Mohamed Hussein Halbob that the current crisis in light of the failure indicators of economic and financial reform of the successive governments have doubled the risk, and threaten an economic disaster and famine threatens millions.
 
He pointed out that the number of threatened famine than 7.5 million people, and the percentage of permanent unemployment - according to the Statistical Yearbook for 2010 - up to 17%, while unemployment rose to 29% seasonal, meaning that the proportion of total unemployment reached 46%.

The speech of the island that confirms the failure of economic and financial reforms of the Central Bank report on the high indebtedness of the government, and the report of the Ministry of Planning and International Cooperation for the year 2010, which pointed to the high poverty rate to 42.8%.
  
According to the Statistical Yearbook for the year 2010, the balance of payments deficit to $ 1.6 billion, and the exchange rate of the dollar to 231 riyals.
  
By contrast, the price of the dollar in 1978, upon receipt of President Ali Abdullah Saleh's ruling 4.56 riyals.
  
Recession On the other hand, he is Professor of Financial Accounting at the University of Sana'a, Gibran Mohammed to the recession, which has been in effect since April / April, and exacerbated by the length of the Revolution and reversed its effect on increasing the volume of unemployment.
  
It has been estimated in a statement of the island, the number of those who lost their jobs or permanent official about three hundred thousand workers, pointing out that Yemen is on the verge of a major problem due to this unemployment under the conduct of GDP in 2011 about deflation.
  
Jubran pointed out that five economic sectors affected by its activities mainly in the range of 35 to 40%, the industry and trade, tourism and public sector, as well as the construction sector, reconstruction and who described the activity that has become permanently dependent.
  
The extension of the recession to the financial sector due to lack of financial stability and the reluctance of importers for the exploitation of existing liquidity, pointing out that banks are complaining about the lack of customers borrow these funds.
Source: Al Jazeera

Oran after a policeman died trying to save





















Mohsen Bopartyev Algerian committed suicide by burning early 2011 to protest against the social status
  (Al-Jazeera - Archive)


Algerian police officer died Friday from wounds suffered when he tried to prevent a woman burning herself and her son on the sixth of October / November this Oran in western Algeria.

The policeman, 53 years, and was accompanied on the incident of two records assigned to carry out a judicial decision requires evacuation of women of the house you live in.

To protest the decision of the Court proceeded on the women poured gasoline on her body trying to burn the same, then moved the policeman to save them causing seriousinjuries.

According to the novel neighbors, a woman, a divorced mother of two children, owned the house in the amount of 21 thousand euros, after which lived for years, but the sale may bemade ​​without the approval of the real owners who raised the issue of restoration of their house.


Source: Agencies

Dexia, the first victims of the European debt





















Dexia bear the burden of payment of 95 billion euros (127.66 billion dollars) of bonds (European)

Plans to the French and Belgian governments complete plans this weekend to split the French Belgian bank Dexia to two.
 
It is expected that the bank's board meets tomorrow to discuss the issue.
 
And became a bank that provides loans to hundreds of cities in France and Belgium, the first victim of European debt crisis after requesting government assistance because of the inability of liquidity led to a steep fall in its shares on the market.
 
The crisis has aggravated due to exposure to Dexia Greek government debt and lack of liquidity has.
 
It is noteworthy that both the French and Belgian governments have a 5.7% stake in Dexia.
 
The crisis of the Bank of investors worried about the strength of the European banking system and coincided with the reports stated that the European governments is considering the possibility to increase bank capitalization.
 
The crisis in the bank is also a warning of the credit rating agency Moody's may cut as Belgium's credit worthiness, citing the weak economy and the possibility of increasing the cost of loans.
 
And announced that the French and Belgian governments for guarantees for the financing of Dexia, clearing the way for a rescue plan of the bank, struggling to get rid of billions of euros based assets accumulated during the corrupt plan a major expansion.
 
A source close to the talks under way on Mstbakl the bank would be self-determination before the opening of markets on Monday.


Measure of government interventionAccording to some investors that the reaction of governments to the crisis Dexia will be a measure of the size of government intervention to rescue banks if the situation worsened for the European debt crisis.
 
Said Eric Galleg President of the Foundation for Research Valquant The need to save Dexia reflects the concern surrounding the European banking sector.
 
"Who could have imagined that the bank closely related to the European construction sector will end up to the retailer?".
 
Will meet in Berlin tomorrow, French President Nicolas Sarkozy, German Chancellor Angela Merkel to discuss how to use the power of European funding to contain the crisis of government debt that threatens the global economy.
 
In Belgium, a dispute broke out between the federal government and the three main administrative regions on the future of Dexia. At a time when the government sees the need to nationalize the bank branch in Belgium feared the three main regions of the country and divided the several states that one billion euros was paid to the bank in the first rescue package in 2008 - during the global financial crisis - may be lost in vain.
 
After Belgium solved the problem remains to be internally consistent with the French government to share the funding required to repair the bank's financial situation.
 
Financial experts have begun discussions of the two countries on the issue last Thursday, but remains a government intervention.
 
Was suspended trading in shares of Dexia in the market since last Thursday and fell by 42% during one week.
 
The crisis has prompted questions about the health status of other European banks, despite confirmation of the President of the French bank Societe Generale Frederic O'Dea that the conditions of Dexia special and different and people should not expect other problems in the banking system of Europe.
 
Dexia and bears the burden of payment of 95 billion euros (127.66 billion dollars) of bonds issued.


 
Source: Reuters + Wall Street Journal

Dozens dead Central American floods





















Area under water in the province of Escuintla south of the capital Guatemala City (French)
Caused flooding and landslides caused by tropical storm hit countries in Central America in the deaths of at least 45 people.
Officials said yesterday that Guatemala was most affected by the storm that hit the region on Wednesday morning. And 22 people were killed in Guatemala, where flooding and mudslides to the isolation of villages, displacing thousands of people.
In Honduras, floods caused the deaths of nine people, two of whom died electrocuted by a lightning storm. And also isolated areas in Honduras from each other by water, and sheltering hundreds surfaces homes for fear of drowning.
In Salvador, the tropical storm caused the deaths of seven people, and pushed the country's President Mauricio Funes declared a state of emergency.
And in Nicaragua, authorities said the floods and mudslides killed seven people, and they evacuated thousands of residents. In Costa Rica, displaced hundreds of residents of communities the Pacific coast, and also from the capital San Jose.
Four people were killed last week in Mexico due to hurricane "cavity" from the Pacific Ocean. Yesterday and continued heavy rain over parts of Honduras and Guatemala, but the severity eased in Nicaragua and El Salvador and Costa Rica.


 
Source: Reuters

Increased production of grain





















The Russian government expects to produce 95 million tons grain of the season (Reuters - Archive)


Likely Russian Prime Minister Vladimir Putin said his country achieved significant growth in production of cereals during the current harvest season to reach 95 million tonnescompared with 61 million tonnes in the previous season.

He said Putin in a meeting with farmers gathered in Moscow to the country's grain harvestreached 91.7 million tons of grain by 12 October / October now, pointing to the continuedharvest in ten plantings.

The Russian government estimates the country's export potential in this area, includingbetween 20 and 23 million tons of grain in the season.

Russia exported more than 10 million tons of grain to world markets since the beginning ofJuly till now.


Wheat represents about 90% of the total exports of Russian grain imported by several countries, including Egypt, Turkey and Saudi Arabia, Libya and some countries of the European Union.

Russia was lifted with effect from the first of July last ban was imposed on grain exports in the past year because of the drought that hit the country, when you can not the countryraised more than 60.9 million tons of grain, or less by 37.3% from the year 2009 .


Source: Agencies

Sarkozy, a rival of his choice on the left





















The results of the first round produced a survival of two candidates in the race (French - Archive)
Who will be among the Francois Hollande, Martine Aubry, the Socialist candidate to challenge President Nicolas Sarkozy in the French presidential election of 2012?
This is to be unveiled on Sunday evening after voters go to the Socialists polling stations to cast their ballots in the second round of primaries to choose a candidate of the Socialist Party of France.
Francois Hollande, and enters the midst of the primacy of the second round after his opponent came in the first elections in the first round of the six candidates, nine points ahead of Martine Aubry, subsequent to the four candidates withdrawing their support, led by Arnaud Montburg that claimed 17% of the vote.
Aubrey hopes and expectations that lie outweigh its rival, has been harshly criticized went to Holland and charged him with the representation of what she called "the left fluid" and that the filter system.
It is both Francois Hollande, Martine Aubry supporters of the so-called reformist left, which calls for the imposition of restrictions on the budget and make social justice a top priority.
According to the Socialists in France to enable the parties on the left to overcome their differences and rally around one candidate could provide an opportunity to regain the presidency that have not won by the Socialist Party for more than 20 years.

 
Source: French

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