Friday, 9 December 2011

Business World News New treaty to save euro splits European Union

Posted On 08:16 by Ahtasham ul haq 1 comments

Business World News New treaty to save euro splits European Union:
Date December 09 , 2011
Leaders of 23 European countries desperate to save the shared currency agreed on a new treaty. 



Leaders of 23 European countries desperate to save the continent s shared currency agreed in all-night talks Friday to surrender some sovereignty in a new treaty but failed to get all 27 European Union members to join in.


The split between those in the new treaty and those outside rattles the foundations of a union created to foster peace and prosperity across a bloodied Europe after World War II. The EU has struggled to unite to stem a 2-year-old spiral of debt that started in Greece, has plunged the eurozone into crisis, and now threatens to send the global economy back into recession.

Even after Friday s long-awaited deal, watched by governments and markets worldwide, the European leaders have huge hurdles still ahead. They are meeting again later Friday to work out what exactly their new treaty will contain and how violators of its strict budget rules will be policed. They want it written by March.

Asian stocks deal tumbled Friday as investors grew increasingly pessimistic that European leaders would conclude this week s crucial summit without finding a solution radical enough to fix the debt crisis.


Britain, which doesn t use the euro, led the push against a treaty tying all 27 EU countries to tighter fiscal union, arguing that it would threaten sovereignty and London s esteemed financial services industry. Germany and France, the eurozone s biggest economies, had pushed for a 27-nation accord.

French President Nicolas Sarkozy laid the blame at the feet of British Prime Minister David Cameron.

"David Cameron made a proposal that seemed to us unacceptable, a protocol to the treaty that would have exonerated the United Kingdom from a great number of financial service regulations," Sarkozy said shortly before dawn, after what he called a "difficult" dinner meeting had dragged through the night.

"We couldn t accept this. We consider to the contrary that part of the troubles of the world come from the lack of regulation of financial services," Sarkozy said. "If you want an opt-out clause to not be in the euro and ask to participate in all decisions of the euro ... and even criticize it, this is not possible."

Cameron defended his stance.
"What was on offer is not in Britain s interest so I didn t agree to it," he told reporters in Brussels.

"We re not in the euro and I m glad we re not in the euro," he said. "We re never going to join the euro and we re never going to give up this kind of sovereignty that these countries are having to give up." The French president said work was proceeding on an "intergovernmental accord" among the 17 countries that use the euro plus as many as six others, not counting Britain, Hungary, and so-far undecided Czech Republic and Sweden.

Swedish Prime Minister Fredrik Reinfeldt signaled after the meeting it was unlikely his country would join the accord.
"It would be very odd signing up to a treaty pointing out as if we were a eurozone country," he told The Associated Press. "And that was never the aim."


The governments signing onto the new treaty will have to agree to allow unprecedented intervention in national budgets by EU-wide bodies.

According to a statement issued after the meeting broke up, governments participating in the agreement will need to have balanced budgets which is counted as a structural deficit no greater than 0.5 percent of gross domestic product
 and will have to amend their constitutions to include such a requirement.


The treaty will include an unspecified "automatic correction mechanism" for countries that break the rules, the statement said.

In addition, countries that run deficits larger than 3 percent will face sanctions. To prevent such deficits, countries will have to submit their national budgets to the European Commission, which will have the authority to request that they be revised. Countries will also have to report in advance how much they plan to borrow.

But Cameron threatened to complicate the new 23-member treaty. "The institutions of the European Union belong to the European Union, belong to the 27" member states, he said. The new treaty would rely on the European Commission and the European Court of Justice to enforce its rules.

Despite the challenges ahead, European Central Bank chief Mario Draghi said it was a good result for the eurozone, and German Chancellor Angela Merkel praised it. "I have always said the 17 states of the eurogroup have to regain credibility," she said. "And I believe with today s decisions this can and will be achieved."

The summit meeting in Brussels was viewed as a critical step in the effort to save the euro. The currency is losing the trust of the international financial markets, who fear that some debt-laden euro countries may ultimately be unable to pay their debts.

That doubt means that the governments of countries viewed as in a precarious state must pay higher interest to borrow the money they need to carry on and that, in turn, makes their budget deficits even worse and can be unsustainable in the long run.

EU officials believe that one way of regaining market trust is to beef up the financial governance overseeing the eurozone countries and their budgets. Any intergovernmental treaty will be an effort to ensure that national budgets are brought into balance and large debts are not run up again.

And the officials believe another way to regain the trust of investors is to have enough money on hand to guarantee that eurozone countries won t default on their debts.

Toward that end, Herman Van Rompuy, president of the European Council, said the eurozone, together with some other EU countries, would provide up to €200 billion ($268 billion) in extra resources to the International Monetary Fund, to be used to help countries in dire straits. Non-euro countries Sweden and Denmark already said they would contribute some extra money.

Sarkozy also said the EU s two bailout funds, meant to rescue countries having trouble refinancing their debts the European Stability Mechanism, or ESM, and the European Financial Stability Facility, or EFSF would be managed by the European Central Bank, though the details still need to be worked out.

The failure to get agreement among all 27 EU members came despite a marathon negotiating session. The 27 EU presidents and prime ministers began their talks at 7:30 Thursday evening and continued past 4:30 a.m.


Cricket World News Pattinson claims 5 wickets as NZealand out for 150

Posted On 08:12 by Ahtasham ul haq 0 comments

Cricket World News Pattinson claims 5 wickets as NZealand out for 150:
Date December 09 , 2011
Australian paceman James Pattinson continued his crash course in test cricket Friday. 



Australian paceman James Pattinson continued his crash course in test cricket Friday, taking his second five-wicket haul in an as many innings to help dismiss New Zealand for 150 before tea on the opening day of the second test.
 

The 21-year-old Pattinson, man-of-the-match on his test debut in last week s nine-wicket win, returned 5-51 against a New Zealand lineup missing ex-captain Daniel Vettori.
  

Vettori strained his left hamstring and withdrew hours before the match, making him unavailable to play the steady hand the New Zealand innings needed as he did in the first innings of the series-opener at the Gabba when he fell four runs short of a century.

Dean Brownlie continued his impressive form with the bat, scoring 56 before he was bowled by Pattinson as the last three New Zealand wickets fell for four runs.
 


Pattinson will start the second innings on a hat-trick after removing Brownlie and No. 11 Chris Martin on consecutive balls. In reply, Australia was 12 for one when rain stopped play, with opener Phil Hughes (4) out cheaply again to a catch behind the wicket.
  

Hughes, considered lucky to hang onto his opening spot after the first test, edged a boundary through a crowded slips cordon to get off the mark, but the left-hander again couldn t resist a good ball outside off stump and angled a Martin delivery to second slip to start the third over.
  

David Warner was unbeaten on seven at stumps.
  

The pacemen were always likely to dominate on a green wicket and in overcast conditions at Bellerive Oval, where Australia has never lost a test match, so it was an important toss for Michael Clarke to win. He wisely elected to bowl first and the Black Caps were all out in 45.5 overs for the same total they made in the second innings of the Gabba test last week.
  

Pattinson, who was not in selection reckoning until injuries to Mitchell Johnson, Ryan Harris and Shane Watson exposed a shortage of experienced international bowlers for this series, is already earning a reputation as a destroyer in only his second test match.
  

He took three wickets off four balls in the first over on Sunday to hasten New Zealand s second-innings collapse at the Gabba, just missing a hat-trick as he claimed 5-27 in the innings and six wickets for the test.

Peter Siddle, who is leading the Australian pace attack, made the early breakthroughs and finished with 3-52. Tall left-armer Mitchell Starc, another bowler in his second test, took the other two wickets Friday.
  

Martin Guptill was out in the second over of the match when he drove forward at a good-length delivery from Siddle and edged to wicketkeeper Brad Haddin.
  

Jesse Ryder, promoted to No. 3, was out lbw on the last ball of the next over, Pattinson s second of the day, as New Zealand slipped to 11-2.
  

Ryder was initially given not out by umpire Nigel Llong but the Australians called for a review and television umpire Aleem Dar overruled the decision.

Ross Taylor (6) was out in similar fashion this time the TV umpire confirmed the onfield lbw decision and sent the New Zealand captain back to the pavilion.

Kane Williamson (19), opener Brendon McCullum (16) and Reece Young (0), went in quick succession as New Zealand lost three wickets for four runs before lunch.
  

Resuming in the middle session at 83-6, Doug Bracewell was out for 12, tempted by a Siddle delivery outside off-stump that he edged straight to Clarke at first slip.
  

Tim Southee was out for 18 chasing a wide delivery from Starc that he hit off his stumps and Pattinson took the last two wickets.
  

Vettori, a 108-test veteran, woke up Friday morning with a left hamstring twinge and exacerbated the injury in the warmup. He was replaced by left-arm seamer Trent Boult, who faced five balls without scoring and was unbeaten at the end of the New Zealand innings in his test debut.
  

The absence of the 32-year-old Vettori was a major blow for the Black Caps, who missed his resilient batting in the lower middle order and are certain to miss his left-arm orthodox spin.
  

Australia retained the same starting XI from its at Brisbane last Sunday, opting not to bring in allrounder Daniel Christian despite questions over Hughes  form and technique.


International World News Police say protesters will not be forcibly evicted

Posted On 08:06 by Ahtasham ul haq 0 comments

International World News Police say protesters will not be forcibly evicted:
Date December 09 , 2011
Several hundred people moved out of the park that protesters had occupied for more than two months.



Boston police let a midnight deadline slip to clear a park of protesters affiliated with the Occupy Wall Street movement, but the protesters  camp by early on Friday had shrunk roughly by half.

A crowd of several hundred people moved out of the park that protesters had occupied for more than two months and moved into the street in front of the Boston branch of the Federal Reserve, blocking traffic in the late-night hours.

Boston Police Superintendent William Evans said police officials did not plan to forcibly remove protesters, who contend the U.S. economic system no longer works to the benefit of most Americans.

"We re not in any hurry," Evans said. Then he walked through the crowd, spreading that message.

Mayor Thomas Menino on Thursday had ordered protesters to clear the camp by midnight, after a judge ruled they did not have the right to occupy Dewey Square, in the city s financial district.

Protesters had spent much of Thursday taking down tents some had lived in since October, with many saying they wanted to avoid the risk of arrest.

"I m getting out of here. I m not getting arrested," said Rachelle, a 36-year-old woman who said she was homeless and pregnant. She declined to give her last name.

The Occupy Wall Street movement, which started in New York s financial district in September, spread across the country during the autumn, with camps sprouting up in cities including Philadelphia, Los Angles and Portland.

Officials in those cities lost patience with the camps over the past month, and police cleared out camps in cities including New York and Los Angeles, arresting hundreds.

The scene in Boston was raucous through the evening, with hundreds of people pouring into the camp to see what was going on and a brass band dancing through the park. The crowd counted down to the midnight deadline and cheered when it passed. A couple – Aaron Spagnolo, 33, and Nenore Baroumian, 28 – was married in the early morning hours.

Some protesters said they believed their actions had brought economic inequality into the forefront of U.S. politics. "We definitely raised awareness that society is out of whack right now," said Peter Grube, 23, of Boston. "We inspired a new generation of activists."


International World News British troops may leave Afghanistan early

Posted On 08:03 by Ahtasham ul haq 0 comments

International World News British troops may leave Afghanistan early:
Date December 09 , 2011
Up to 4,000 British troops could leave Afghanistan before the end of 2013. 



Up to 4,000 British troops could leave Afghanistan before the end of 2013 under proposals to be considered by Prime Minister David Cameron next week, a report said Friday.
  

The Guardian reported that the accelerated pace of troop withdrawal was one of three options to be mulled by Cameron at a meeting of Britain s National Security Council on Tuesday.
  

The option is understood to be favoured by at least two senior members of the cabinet, who want to slash the costs of the decade-long military campaign, the paper added.
  

Under current plans, all British combat troops are due to pull out of Afghanistan by the end of 2014.
But under the new option, the number of British troops in strife-torn Helmand province would be reduced from 9,000 to 5,000 during 2013, and almost the same number would be pulled out the following year, the Guardian said.
  

The proposal would leave several hundred British troops in Kabul when NATO ends its combat role in 2014.
  

The British death toll in Afghanistan climbed to 391 on Thursday when a soldier died in hospital in Britain after he was hit by an improvised explosive device -- the name given to roadside bombs laid by the Taliban -- in Helmand.
  

Britain is the second largest contributor of international troops after the United States to the NATO-led ISAF force.
The Ministry of Defence was not immediately available for comment on the report.


Thursday, 8 December 2011

Business World News Asian stocks fall on Europe crisis pessimism

Posted On 08:20 by Ahtasham ul haq 1 comments

Business World News Asian stocks fall on Europe crisis pessimism:
Date December 08 , 2011
Asian stocks fell as hopes faded that a bold solution might be found to a crippling debt crisis.



Asian stocks fell Thursday as hopes faded that a bold solution might be found to a crippling debt crisis that is threatening to drag Europe into a deep recession.

Benchmark oil rose above $100 per barrel while the dollar fell against the euro and the yen.

Japan s Nikkei 225 fell 0.6 percent to 8,670.82, dragged down by weaker-than-expected machinery orders. South Korea s Kospi lost 0.3 percent to 1,913.69 and Hong Kong s Hang Seng shed 0.7 percent to 19,111.64.

Australia s S&P/ASX 200 dropped 0.2 percent to 4,286. Benchmarks in Singapore, Taiwan and India also fell. Mainland China and Malaysia rose.

One point of friction has surfaced over a proposal by French President Nicolas Sarkozy and German chancellor Angela Merkel, leaders of the two economic powerhouses among the 17 nations that use the euro. They are demanding far-reaching changes to the treaty governing the European Union to enforce fiscal discipline among its members.

That proposal is being met with resistance by the European Council, an institution that defines the priorities of the entire 27-nation EU. Its president, Herman Van Rompuy, favors going a simpler route amending existing rules that apply to the 17 euro countries to avoid the trickier step of requiring every country to approve the new treaty.

The disagreement has soured hopes for an immediate solution to the crisis.

"Normally this kind of talk would take place behind closed doors. The fact that it s in the open suggests it already has and normal channels have, at least temporarily, broken down," analysts at DBS Bank Ltd. said in a research note.

Additionally, certain provisions in the Franco-German proposal, such as setting automatic penalties for countries that overspend, are controversial and have the potential to delay an agreement.

Urgency was added to the situation Wednesday when ratings agency Standard & Poor s threatened to downgrade the bonds of all EU countries because their economies were intricately linked with the 17 nations that use the euro.

The intensifying debt crisis and lack of radical solution such as the issuance of eurobonds have roiled global stocks for months. Germany has resisted eurobonds due to fears that pooling debt would drive up its own borrowing costs, expose its taxpayers to the bad debt of weaker countries, and remove incentives for struggling nations to get their finances in order.

"Germany and the rest of Europe are going into two directions. The rest of Europe wants Germany to stand behind the euro but Germany does not want to be the lender of last resort," said Francis Lun, managing director of Lyncean Holdings in Hong Kong. "Because it ... will be the German taxpayer to foot the bill and I don t think that s what Germany wants."

Asian shares faced multiple headwinds. Australia unexpectedly eliminated 6,300 jobs in November. Most economists had predicted total employment would rise by 10,000.

Meanwhile, Japan s core private-sector machinery orders fell a seasonally adjusted 6.9 percent in October, the second consecutive month of decline. Financial markets had expected a 0.5 percent increase, Kyodo News Agency reported. That hurt industrial shares such as Nippon Steel, which lost 1 percent, and industrial supplier Mitsui & Co., down 1.5 percent.

Tokyo Electric Power, operator of the crippled Fukushima nuclear power plant, plunged 7.6 percent after a news report said the government is set to effectively nationalize the utility.

Samsung Electronics rose 2 percent, as Citigroup Global Markets rated its stock "a buy," saying it was expected to be the only profitable major display panel maker in the fourth quarter of 2011.

On Wall Street, the Dow rose 0.4 percent to close at 12,196.37. The Standard & Poor s 500 index rose 0.2 percent at 1,261.01. The Nasdaq composite index fell marginally to 2,649.21.

Benchmark oil for January delivery was up 13 cents to $100.62 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 79 cents to end at $100.49 per barrel on the Nymex on Wednesday.

In currencies, the euro rose to $1.3404 from $1.3394 late Wednesday in New York. The dollar fell slightly to 77.64 yen from 77.66 yen.


Business World News Euro could collapse and Europe unravel French minister

Posted On 08:17 by Ahtasham ul haq 0 comments

Business World News Euro could collapse and Europe unravel French minister:
Date December 08 , 2011
The minister has said euro could collapse if political leaders fail to tackle region’s debt crisis.



The European single currency could break up and Europe itself unravel if political leaders fail to tackle the region s debt crisis, France s minister for European affairs warned Thursday.

"The situation is serious... the euro can explode and Europe unravel", Jean Leonetti told France s Canal Plus television, hours ahead of what is being seen as a crucial European summit on the issue in Brussels. He said that if possible all 27 members of the European Union should be involved in talks on tackling the debt crisis but that non-eurozone members might have to be excluded.

"When there are some in the 27 who say  I m not interested in what you are talking about because I never want to join the euro ," like Britain for example, "this should not cause paralysis," he said. The most difficult point of contention at the summit would be "discipline," he said, a reference to France and Germany s efforts to force other eurozone members to accept legal limits on their budget deficits and automatic sanctions for countries who break the rules.

Leonetti also criticised credit rating agencies, who have warned eurozone nations of downgrades if they fail to deal with the crisis.

"They annoy me a bit.... It is not for the credit agencies to be involved in politics that is for the people and the people s representatives," he said.


Business World News Pakistan’s forex reserves fall to $16.68b

Posted On 08:12 by Ahtasham ul haq 0 comments

 Business World News Pakistan’s forex reserves fall to $16.68b:
Date December 08 , 2011
Pakistan’s foreign exchange reserves fell to $16.68 billion in week ending Dec 2.



The resirves declined compared with $16.88 billion in the previous week, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan (SBP) fell to $12.86 billion, compared with $13.12 billion the previous week.
Reserves held by commercial banks rose to $3.82 billion, compared with $3.76 billion from the previous week.


“The fall in reserves is due to scheduled debt repayments,” said Syed Wasimuddin, chief spokesman for the State Bank of Pakistan.

Foreign exchange reserves hit a record $18.31 billion in the week ending July 30, but have since eased due to debt repayments.

The reserves were boosted in June by inflows of $411 million, including a $191.9 million loan from the World Bank, and a loan of $196.8 million from the Asian Development Bank.

Higher export proceeds and a record inflow of remittances have also helped support Pakistan’s foreign exchange reserves.

According to official data, remittances rose 23.24 percent to $4.3 billion in the first four months of the 2010/11 fiscal year (July-June), compared with $3.50 billion in the same period last year.

Remittances rose to $1.02 billion in October, compared with $855.11 million received in October last year.


cricket world news Buoyant Pakistan gear for B'desh Tests

Posted On 08:08 by Ahtasham ul haq 0 comments

Cricket world news Buoyant Pakistan gear for B'desh Tests:
Date December 08 , 2011
Pakistan will begin their first Test series in B'desh for almost a decade in Chittagong on Friday.



The tourists, who beat Sri Lanka in all formats of the game in the United Arab Emirates last month, have already asserted their supremacy over Bangladesh by making a 3-0 clean sweep of the one-day series.

Pakistan played their lone Test series in Bangladesh in January 2002, winning both matches in Dhaka and Chittagong by an innings under the captaincy of Waqar Younis.

Pakistan have won all of their six Tests against Bangladesh since 2001, the closest match being in Multan in 2003 when they triumphed by one wicket following Inzamam-ul-Haq s match-winning unbeaten century.

The tourists, now led by reliable batsman Misbah-ul-Haq, were not seriously tested in the one-dayers against the hosts after putting in impressive performances with both bat and ball.

But senior Pakistani batsman Younis Khan said Thursday he expected a tough fight from Bangladesh in the Tests.

"When we play Tests we expect a Test-level competition," he said. "They struggled in the limited-overs matches, but Test cricket is a different ball game.

"If they stick to their goals, they will give us tough competition. It will not be easy for us since Bangladesh are playing in home conditions."

Bangladesh strengthened their brittle batting by including former captain and middle-order batsman Mohammad Ashraful in the 15-man squad.

Ashraful, with 2,418 runs in 56 Tests, will look to justify his recall after being dropped for the home series against the West Indies in October-November.

"During the one-dayers, our fielders and bowlers did a good job, so it s time our batsmen put up a good performance," said Bangladesh s top-order batsman Shahriar Nafees.

"The focus now is on the Test series. We want to come back strongly and play our best cricket."

Bangladesh will rely on their spin attack led by Shakib Al Hasan and Elias Sunny to keep pressure on the Pakistani batting line-up at the traditionally spin-friendly venue in Chittagong.

Shakib is the key all-rounder in the side with 1,421 runs and 89 wickets in 24 Tests, while Sunny made an impressive seven-wicket Test debut at this venue against the West Indies two months ago.

Bangladesh will seek to improve their dismal run since gaining Test status in 2000, losing 61 of their 71 matches, winning just three with seven drawn.

The second and final Test will be played in Dhaka from December 17.

Bangladesh (from): Mushfiqur Rahim (capt), Mohammad Mahmudullah, Tamim Iqbal, Shahriar Nafees, Mohammad Ashraful, Shakib Al Hasan, Naeem Islam, Nasir Hossain, Rubel Hossain, Nazmul Hossain, Elias Sunny, Shahadat Hossain, Suhrawadi Shuvo, Robiul Islam, Mohammed Nazimuddin.

Pakistan (from): Misbah-ul-Haq (capt), Mohammad Hafeez, Taufeeq Umar, Imran Farhat, Younis Khan, Azhar Ali, Asad Shafiq, Shoaib Malik, Adnan Akmal, Saeed Ajmal, Abdur Rehman, Umar Gul, Mohammad Talha, Aizaz Cheema, Mohammad Khalil.


cricker world news India set huge tally of 418 for Windies

Posted On 08:04 by Ahtasham ul haq 0 comments

Cricker world news India set huge tally of 418 for Windies :
Date December 08 , 2011
India piled up a mammoth 418-5 against West Indies in fourth ODI at Holkar Cricket Stadium.



Sehwag broke compatriot Sachin Tendulkar s previous one-day mark of 200 not out against South Africa at Gwalior last year, smashing 25 fours and seven sixes in his 149-ball knock.

Sehwag s 15th ODI century was his first as captain and beat his previous highest score of 175 against Bangladesh at the 2011 World Cup. His innings also helped his team record its highest ever ODI total.

The hard-hitting Sehwag got to his hundred in only 69 balls with a four through point off pace bowler Kieron Pollard.

After a few singles in the 190s, Sehwag cracked another four through point, this time off Andre Russell, to move from 197 to 201 to beat Tendulkar s record.
The 33-year-old raised his hands in joy as he was congratulated by batting partner Rohit Sharma.


Sehwag had looked in trademark touch early on, hitting a six over third man off pace bowler Kemar Roach and then welcoming Sunil Narine into the attack with a six to long-on off the off-spinner s first ball.

He hammered Narine for another six over long-on later in the innings while also hitting three sixes off seam bowler Russell and one off captain Darren Sammy.

Sehwag, who captained India in the absence of regular skipper Mahendra Singh Dhoni, was dropped on 170 by Sammy off pace bowler Ravi Rampaul.

Electing to bat, captain Sehwag added 176 runs for the opening wicket with Gautam Gambhir (67) and 140 for the next with Suresh Raina (55) as India looked set to seal the five-game series which it leads 2-1.

Gambhir, who replaced Parthiv Patel as opener after batting at number three in the first three games, got most of his early runs on the off side and opted not to go for big shots with Sehwag running riot at the other end.

He was unlucky to be run out when he looked set for more as Sehwag called him for a run but then refused it, as extra-cover fielder Marlon Samuels got a direct hit at the runner s end.

Raina too was happy playing second fiddle to Sehwag, his 44-ball knock seeing him hit six fours.

India handed a debut to legspinner Rahul Sharma, who replaced pace bowler Umesh Yadav.

Yadav is among seven players to have left early for an upcoming tour of Australia.

The West Indies drafted in Kieran Powell for left-handed batsman Darren Bravo, who had retired on 26 in the previous game due to a hamstring injury.

The final game of the series will be held in Chennai on Sunday.


International World News Romania hosted secret CIA detention centre

Posted On 08:01 by Ahtasham ul haq 0 comments

International World News Romania hosted secret CIA detention centre:
Date December 08 , 2011
CIA used a clandestine detention centre in Bucharest to interrogate Al-Qaeda suspects.


This has been revealed in an investigation by German media Thursday.

The prison, used between 2003 and 2006, was in the cellar of a government building in a northwestern residential neighbourhood of the Romanian capital, the Sueddeutsche Zeitung newspaper and ARD public television said.

The building housed the Office of the National Register for Secret State Information, or ORNISS, which stored confidential information and ensured only authorised people gained access to it, the reports said.

According to the investigation, detainees included Khaled Sheikh Mohammed, a top Al-Qaeda operative and mastermind of the September 11 attacks on the United States in 2001, who was arrested in Pakistan in 2003.

Abd al-Rahim al-Nashiri, the alleged plotter of the USS Cole bombing in Yemen in 2000, was also held at the Romanian centre, ARD said.

Journalists from the two media organisations, as well as the Associated Press news agency, said the centre was identified in photos by former CIA operatives active in Bucharest.

The centre was codenamed "Bright Light", the Sueddeutsche newspaper said.

Although the existence of a so-called "black site" in Romania, set up by the Central Intelligence Agency as part of its clandestine counter-terrorism operations, has long been suspected, its location was unknown.

Just days before the 10th anniversary of the September 11 attacks, the Council of Europe s human rights chief urged Poland, Romania and Lithuania to lift the lid on CIA "black sites" where detainees were allegedly tortured on their soil.

Romania has vehemently denied hosting such a site.

In ARD s Panorama programme, due to be broadcast later Thursday, an ORNISS official denied the prison had existed on its premises, according to a statement from the television station.

ORNISS was reported to have been set up for Romania s 2004 NATO entry. ARD said the Brussels-based alliance declined comment.


International World News Syrians launch civil disobedience campaign

Posted On 07:59 by Ahtasham ul haq 0 comments

International World News Syrians launch civil disobedience campaign:
Date December 08 , 2011
Syrian activists on Thursday launched a campaign of civil disobedience to pile pressure on Assad.  



Local human rights groups said more than 100 people have been killed in Syria since the weekend, and the UN estimates at least 4,000 have died since March when anti-regime protests erupted.

But in a rare interview with Western media, President Assad questioned the UN toll and denied ordering the killing of protesters, saying only a "crazy person" would do so.

Washington said Assad s remarks showed he was disconnected from reality or himself "crazy," as he comes under mounting global pressure, with Arab nations and Turkey joining the West in pursuing sanctions against his regime.

Despite the rhetoric, activists said there was no let-up in the crackdown with forces loyal to Assad on Thursday killing at least seven civilians, including a woman, in an assault on the restive central city of Homs.

Forces used sniper fire and "arbitrary" shelling in three neighbourhoods of the city, a main hub for dissent that has been besieged for more than two months, said the Britain-based Syrian Observatory for Human Rights.

The Local Coordination Committees activist network reported separately that Assad s forces used bombs and "heavy and indiscriminate gunfire" in Damascus and northwestern Idlib province.

State news agency SANA said, meanwhile, that "an armed terrorist group targeted in a sabotage operation the pipeline of Tal al-Shor, west of Homs."

The LCC, which organises anti-regime protests on the ground in Syria, appealed for citizens to mobilise for a "dignity strike ... which will lead to the sudden death of this tyrant regime."

The campaign would "snowball... and grow each day of the revolution to reach every home and anyone who wants to live delighted and dignified in his/her country," said an LCC statement received in Nicosia.

It urged citizens to begin the action on Sunday -- the first day of the working week in Syria -- starting with sit-ins at work, and the closure of shops and universities, before the shutdown of transportation networks and a general public sector strike.

"The Syrian revolution is... a renaissance against slavery; a scream at the face of humiliation started from the first day as demonstrators cried  Syrians are not to be humiliated. 

"The echo of this scream will not vanish till it reaches all ears," said the English-language statement, adding the strike was "the first step in an overall civil disobedience" campaign which will overthrow the regime.
In his interview, Assad denied he ordered the killing of thousands of protesters and brushed aside charges that Syrian forces tortured to death a 13-year-old boy, whom rights groups say was shot, burned and castrated in April.


"Every  brute reaction  was by an individual, not by an institution, that s what you have to know," Assad told US television network ABC News.

"There is a difference between having a policy to crack down and between having some mistakes committed by some officials. There is a big difference."

Assad said he was not responsible for the nine months of bloodshed, declaring: "No government in the world kills its people, unless it s led by a crazy person."

"There was no command to kill or be brutal," Assad told ABC.

Assad said security forces belonged to "the government" and not him personally.

"I don t own them. I m president. I don t own the country. So they are not my forces," he said.

Assad s family has ruled Syria with an iron fist for four decades. Assad s brother, Lieutenant Colonel Maher al-Assad, heads the army s Fourth Division, which oversees the capital as well as the elite Republican Guard.

US State Department spokesman Mark Toner dared Assad to back up his assertions by letting in international observers and media, saying there was a "clear campaign against peaceful protesters."

"It either says that he s completely lost any power that he had within Syria, that he s simply a tool or that he s completely disconnected with reality," Toner told reporters Wednesday.

"It s either disconnection, disregard or, as he said, crazy. I don t know," Toner said.


International World News Putin slams Clinton for encouraging protesters

Posted On 07:54 by Ahtasham ul haq 0 comments

International World News Putin slams Clinton for encouraging protesters:
Date December 08 , 2011
PM Vladimir Putin strongly criticized US Secretary of State Hillary Rodham Clinton on Thursday.



Putin accused her of encouraging and funding Russians protesting election fraud, and warned of a wider Russian crackdown on dissent.

By describing Russia s parliamentary election as rigged, Putin said Clinton "gave a signal" to his opponents.

"They heard this signal and with the support of the U.S. State Department began their active work," Putin said in televised remarks. He said the United States is spending "hundreds of millions" of dollars to influence Russian politics with the aim of weakening a rival nuclear power.

Putin s tough words show the deep cracks in U.S.-Russian ties despite President Barack Obama s efforts to "reset" relations with the Kremlin. Ahead of the election, President Dmitry Medvedev threatened to deploy missiles to target the U.S. missile shield in Europe if Washington failed to assuage Moscow s concerns about its plans.

Clinton has repeatedly criticized Sunday s parliamentary vote in Russia, saying "Russian voters deserve a full investigation of electoral fraud and manipulation."

Russian protesters have taken to the streets in Moscow and St. Petersburg for three straight nights despite a heavy police presence, outraged over observers  reports of widespread ballot box stuffing and manipulations of the vote count. This week has seen some of the biggest and most sustained protests Russia has faced in years, and police have detained hundreds of protesters.

Thousands were expected to join protests in Moscow and other cities on Saturday.

Putin s United Russia party barely held onto its majority in parliament, with official results giving it about 50 percent of the vote, down from 64 percent four years ago. But the fraud allegations indicate that support for United Russia was even lower than that, and Russians appear to be growing weary of Putin and his party after nearly 12 years in office.

Putin was president from 2000 until 2008, when he moved into the prime minister s office to abide by a constitutional limit on two consecutive terms. He intends to reclaim the presidency after an election in March that would give him at least six more years in power.

Putin s return to the Kremlin still seems assured, but he clearly has been shaken by the outburst of public anger and it is not yet clear how much of a challenge it will pose to his power.

Moscow has already put about 50,000 police and 2,000 paramilitary troops on the streets, backed by water cannon.
Putin warned that the government might take an even harder line against those who try to influence Russia s political process on behalf of a foreign government.


He accused the U.S. State Department of spending "hundreds of millions" of dollars in Russia and his government has to "work out ways to protect our sovereignty from outside interference."

"We are the largest nuclear power," Putin said, addressing supporters during a televised meeting. "And our partners have certain concerns and shake us so that we don t forget who is the master of this planet, so that we remain obedient and feel that they have leverage to influence us within our own country."

He said "especially unacceptable is the infusion of foreign money into the electoral process."

Clinton reached out to Russia on Thursday.

"I think it s important to recognize that we value our relations with Russia," she said at a NATO meeting in Brussels, where she also met with Russian Foreign Minister Sergey Lavrov. "We have invested a great deal of effort on working together ... and we have made progress."

Clinton defended her criticism of the elections, saying she was expressing concerns the U.S. thought were well-founded.

Russia s only independent election monitoring group, which is supported by grants from the United States and European governments, has come under heavy official pressure in recent weeks. The Golos website documenting violations was hacked and the group was fined the equivalent of $1,000 after prosecutors accused it of violating election law.

Putin s attempt to rally support by blaming the United States for his troubles would find little support among ordinary Russians, said political analyst Dmitry Oreshkin.

"Even in Soviet times, it did not work," Oreshkin said. "Now it won t work for sure."

Also Thursday, Russia s top election official urged prosecutors to study photographs and video clips circulating on social networking sites that purport to show election fraud, and signaled that those who posted the materials could be punished.

If the images show genuine violations, they will be investigated, Central Election Commission chief Vladimir Churov said. But if evidence is found that the photographs and videos were "provocations" or faked, those who created, commissioned or sponsored them will be held to account, he said.

Opposition groups have called for a mass protest near the Kremlin on Saturday to demand recount of the vote. About 30,000 people have now signed up to a Facebook page on the protest.

A map circulating on the Internet shows similar protests planned for Saturday in more than 75 cities around Russia, while a page on LiveJournal lists more planned protests in 15 countries around the world.

The use of the Internet to mobilize and organize protesters in Russia is a new phenomenon.

"I used to express my opinion in my blog, in social networks, I wasn t really politically active," said Artyom Goryachev, a 27-year-old PR manager. "But enough is enough. I am fed up with all of this." He said he planned to go to Saturday s protest with friends from work.

Anton Nossik, a popular blogger and Internet expert, said it was not the Internet that energized the protesters but the brazen vote rigging that prompted many young Russians to express their discontent offline.

"They came out not because they read information (online) on where to show up for the first time, but because for the first time many people got the feeling that the time had come for that," Nossik said.

Sam Greene, director of the Center for the Study of New Media and Society in Moscow, said this week s protests in Moscow were a combination of online and offline social networks working together. "They re going out to protests with people they know, with people they trust," he said.

The Internet doesn t create protests or a revolution, "but it certainly makes it possible for people to communicate and to learn about what s going on around them in an environment like Russia, where the traditional media are much more closely controlled," Greene said.

Russia s Kremlin-controlled television networks have largely ignored the demonstrations.


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