Daily Archives: July 21, 2011

Archives July 21, 2011 posted by

China’s Hu backs African plan to end Libyan crisis


Chinese President Hu Jintao told his South African counterpart, Jacob Zuma, on Thursday that China will work with the African Union in finding a solution to the Libyan crisis, state news agency Xinhua reported.

Turkey and the African Union have proposed separate road maps aimed at establishing a ceasefire and moving through stages from Muammar Gaddafi quitting power to a democratic transition. .

China said last Thursday it would skip last week’s meeting in Turkey between Western powers, Arab governments and leaders of Libya’s opposition National Transitional Council, saying that the way the group worked needed “further study”. .

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House sets up committee for naval base explosion

An ad hoc committee is to be set up by the House of Representatives to monitor investigations regarding last week’s deadly blast at the Naval Base ”Evaggelos Florakis”, which resulted in the death of 13 people.

Leaders and representatives of the parliamentary parties, who met  today at the House of Representatives, adopted a proposal submitted by European Party (EVROKO) leader, Demetris Syllouris, to set up an ad hoc committee to monitor investigation procedures, to be carried out by the one member commission of inquiry into the circumstances that led to the deadly blast.

The meeting, which was held under House President Yiannakis Omirou, was also attended by Attorney General Petros Klerides.

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All Blacks braced for Fiji test

New Zealand are determined to avoid an upset like that suffered by Australia last week when they get their season underway in a test against Fiji in Dunedin on Friday.

Embarking on a campaign they hope will end up with a World Cup triumph in October, the All Blacks should have little problem seeing off the Fijians in their only warm-up before they open their Tri-Nations title defence next week.

Skipper Richie McCaw, however, has warned his team mates that a lack of attention to the basics could expose them to a shock reverse like that the Samoa inflicted on the Wallabies last week.

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ECB said to accept temporary Greek default

The European Central Bank is willing to let Greece slip into temporary default as part of a crisis response that would involve a bond buyback but no new tax on banks, EU sources said on Thursday.

German Chancellor Angela Merkel and French President Nicolas Sarkozy crafted a common position on a second Greek bailout in late night talks in Berlin with ECB President Jean-Claude Trichet, sources in both governments said.

Minds have been concentrated by the danger Europe’s debt crisis could engulf the much bigger economies of Spain and Italy. Greece, Portugal and Ireland have already succumbed.

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