HAVE reached a nightmarish conclusion: President Christofias and the AKEL leadership are consciously leading us to bankruptcy.
Unfortunately, their behaviour leaves no room for any other interpretation of their actions. No rational person could any longer excuse the blatantly catastrophic course they are following by citing ignorance, incompetence and irresponsibility.
Maslak is a neighborhood and one of the main business districts of Istanbul, Turkey.
“For the 25 years I’ve been in Turkey, EU accession has been 10 years away,” said Hugh Pope, Turkey/Cyprus project director of Crisis Group. “At the moment, the process is dead in the water. That doesn’t mean it can’t be revived.”
NICOSIA: The sun falls behind the jagged, mountain-peaked horizon, and the sky dissolves from a scarlet stained backdrop to soft, empurpled nighttime. In my native Texas, the lengthy battle between night and day paints a polychromatic scene of carnage across the sky; in Cyprus, the transition is so gradual that one scarcely has time to greet twilight.
Merkel Handed Sub-Zero Yields as ECB Plan Gains Traction
12 August 2012
“There is no way that Germany will not be affected by this,” Thomson, who helps oversee $109 billion as a money manager at Ignis Asset Management in Glasgow, Scotland, said in an Aug. 3 interview. “Spain won’t be able to survive without external help. The bailout will add more burdens on Germany.”
U.S., Turkey to explore imposing Syria no-fly zone
By Hadeel Al Shalchi
Sat Aug 11, 2012
(Reuters) - The United States and Turkey indicated on Saturday they might impose no-fly zones in Syria as battles between rebels and President Bashar al-Assad's forces shook Aleppo and fighting erupted in the heart of Damascus.
Spanish authorities: Suspected Al Qaeda members trained for plot using model plane
August 11, 2012
MADRID – Authorities in Spain released a video Saturday that they claim shows suspected Al Qaeda members training for a bombing raid using a model plane, the latest development in a case that has led to three arrests.
Nowadays, everyone is asking the reasons for the increase in outlawed Kurdistan Workers’ Party (PKK) attacks. However, if there are about 5,000 to 6,000 militants in your mountains, it should not be a surprise for you to receive news of attacks. Yet, the intensity of an increase/decrease in attacks can be still a subject of curiosity.
One of Turkey’s key political phenomena in the past decade has been the gradual de-fanging of the military, a sinister institution that has toppled four elected governments since 1960. In fact, even until a few years ago, there was widespread expectation, or concern, that Turkey’s powerful generals would not break their tradition and take down a government that they did not like – this time that of the Justice and Development Party (AKP). That obviously did not happen, and the military has rather been reduced to what it should be in any democratic country. Officers, in other words, began obeying elected politicians rather than threatening them.
Iran has been pushed into a corner and is fighting for its life. The safest weapon in its arsenal is an economic strategy; and it is the one point where the United States is vulnerable.
There is no doubt about it. Section 1245 of the National Defense Authorization Act that was signed into law by President Obama on December 31, 2011 is having the intended effect upon Iran.
Unlike previous sanctions, Section 1245 attacks the foundation of the Iranian economy. The provisions of the law seek to stop the sale of crude oil and to block transactions between the Iranian central bank and the rest of the world. About fifty percent of the national budget is funded from the sale of exported crude oil that provides eighty percent of the foreign exchange. "Crude (oil) sales are a trap which we inherited from the years before the (1979 Islamic) Revolution," Khamenei told a gathering of researchers and scientists at the end of July.
Analysis: Monti takes off gloves in euro zone fight
Barry Moody, Reuters,
8 August 2012
(Reuters) - Italian Prime Minister Mario Monti has taken the gloves off in his fight to save Italy from disaster in the euro zone debt crisis, daring to stand up to European paymaster Germany in a way unthinkable a few months back.
His change of attitude is driven by increasing Italian exasperation with repeated delays in formulating an effective response to a crisis on bond markets that has put Spain and Italy in the front line against an existential threat to the euro and perhaps the whole European Union.
Monti is trying to pressure German Chancellor Angela Merkel into agreeing to a European shield against high borrowing costs that are crippling Madrid and Rome and that he believes threaten the very survival of the euro if they lose access to markets.
Libya's National Transitional Council has handed over power nearly a year after the overthrow of Moammar Gadhafi's 40-year dictatorship. A new government, constitution and parliament are next for the fledgling democracy.
While it may not be easily detected at first glance, the foreign policy of a President Romney would look very different from that of President Obama, argues Henry Nau in a piece for Transatlantic Voices.
(Reuters) - Israel's prime minister and defense minister would like to attack Iran's nuclear sites before the U.S. election in November but lack crucial support within their cabinet and military, an Israeli newspaper said on Friday.
In the 1980s, the U.S. government began funneling aid to mujahedeen rebels in Afghanistan as part of an American proxy war against the Soviet Union. It was, in the minds of America’s Cold War leaders, a rare chance to bloody the Soviets, to give them a taste of the sort of defeat the Vietnamese, with Soviet help, had inflicted on Washington the decade before. In 1989, after years of bloody combat, the Red Army did indeed limp out of Afghanistan in defeat. Since late 2001, the United States has been fighting its former Afghan proxies and their progeny. Now, after years of bloody combat, it’s the U.S. that’s looking to withdraw the bulk of its forces and once again employ proxies to secure its interests there.
South Korean’s Visit to Disputed Islets Angers Japan
By CHOE SANG-HUN
August 10, 2012
SEOUL, South Korea — President Lee Myung-bak of South Korea flew to a set of islets locked in a territorial dispute with Japan on Friday, dismissing protests from Tokyo and making a trip that was bound to heighten diplomatic tensions between Washington’s two key Asian allies.
Japan called Mr. Lee’s visit “unacceptable” and recalled its ambassador from Seoul in protest, Prime Minister Yoshihiko Noda told reporters in Tokyo.
Adding drama to the simmering historical hostility that Mr. Lee’s surprise trip magnified, the archrivals South Korea and Japan were set to clash in London on Friday for the Olympic bronze medal in soccer, a game to be watched by millions of people in both countries.
KABUL, Afghanistan — An Afghan police officer shot and killed at least three American Special Forces soldiers on Friday after inviting them for a meal at a check post in southern Afghanistan, an Afghan official said, in what appeared to be premeditated killings of American soldiers by one of their Afghan allies.
Egypt media say six Sinai "terrorists" held after attack
By Shaimaa Fayed
Fri Aug 10, 2012
(Reuters) - The Egyptian army has captured six people it regards as "terrorists" in Sinai after an attack on a police station earlier this week that killed 16 border guards near the border with Israel, a military source told state media on Friday.
Western democracies consider themselves to be efficient, farsighted and just -- in other words, prime examples of "good governance." But in recent years, the euro and debt crises, along with wars in Iraq and Afghanistan, have shattered faith in the reliability of western institutions. Disconcerted Europeans are casting a worried eye at newly industrialized nations like China and Brazil. Can the West learn something from countries that for so long sought its advice? In an introduction to a four-part series, SPIEGEL looks at how the world is governed today.
American Sikhs have often been victims of terrorism-by-mistaken-identity. Because the tenets of the faith require unshorn hair, observant Sikh men generally wear turbans and keep their beards long. Perpetrators of hate-crimes against Sikhs (like the murderer of Arizona gas-station owner Balbir Singh Sodhi, in September 2001) often think they're attacking Muslims. This may not make the slaughter any more or less heinous, but it's another example of hatred flowing from ignorance.