Posts by tag: Barack Obama

Archives June 19, 2012 posted by

Businesses seek exemption from EAC's Mari surcharge

A GROUP of companies have banded together to demand that the electricity authority forego the 7 per cent surcharge imposed on industrial consumers in the wake of the Mari disaster of last July.

Otherwise, they warn, many local businesses will be driven into the ground.

In an announcement in the press, the businesses said the electricity surcharge has increased the cost of products and services, rendering them uncompetitive compared to imported products and products coming in from the occupied areas in the north.

“The EAC will lead the Cypriot economy to bankruptcy,” the announcement says.

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Archives March 14, 2012 posted by

Historic verdict condemns warlord, but Hague court limited

The international war crimes court at The Hague found Congolese warlord Thomas Lubanga Dyilo guilty on Wednesday in its first ever ruling after a decade of work limited largely to Africa while major cases elsewhere remain beyond its reach.

Governments and rights groups level war crimes accusations at Syrian President Bashar al-Assad for cracking down on protesters. But the International Criminal Court (ICC) cannot act because of deadlock among world powers at the United Nations Security Council, the only body that could order a prosecution.

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Archives March 7, 2012 posted by

Justice and Elation

 

Having been humiliated by the enemy a couple of weeks ago it was with great anticipation that I looked forward to the Arsenal – Milan contest, expecting another resounding win for the Rossoneri and an utter and total humiliation for Wenger and his nearly men. 

At half-time of this encounter I felt numb and speechless. My wife tried to attract my attention by offering me a glass of wine but I was ‘lost’. All I could see in front of me was Wenger lifting the Champions League Cup surrounded by jubilant Arsenal players. For me humiliation had taken on a new dimension.

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Archives March 6, 2012 posted by

Romney and Santorum in fierce Ohio battle on 'Super Tuesday'

Mitt Romney can take a big step toward finishing off chief rival Rick Santorum and seizing command of the Republican presidential race on Tuesday as 10 states hold contests with Ohio at ground zero.

Romney, already the winner of the last five contests, carried momentum into “Super Tuesday.” Polls showed he had erased a double-digit lead to Santorum in Ohio and is now running roughly even with him.

It is the biggest day so far in the Republican race to find a challenger to President Barack Obama in the November 6 election. At stake are 419 of the 1,144 delegates needed to win the party’s nomination.

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Archives February 1, 2012 posted by

Taliban 'poised to retake Afghanistan' after NATO pullout

A secret U.S. military report says that the Taliban, backed by Pakistan, are set to retake control over Afghanistan after NATO-led forces withdraw from the country, The Times newspaper reported on Wednesday.

Lt Col Jimmie Cummings, a spokesman for the NATO-led International Security Assistance Force (ISAF), confirmed the document’s existence but said it was not a strategic study of operations.

“The classified document in question is a compilation of Taliban detainee opinions,” he said. “It’s not an analysis, nor is it meant to be considered an analysis.”

Nevertheless, it could be interpreted as a damning assessment of the war, now dragging into its eleventh year and aimed at blocking a Taliban return to power, or possibly an admission of defeat.

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Archives December 3, 2011 posted by

Panetta: Israel must get to 'damn' peace table

U.S. Defense Secretary Leon Panetta urged Israel on Friday to get back to the “damn” negotiating table with Palestinians and take steps to address what he described as the Jewish state’s growing isolation in the Middle East.

Panetta, addressing a forum in Washington, also made one of his most extensive arguments to date against any imminent military action against Iran over its nuclear program, saying he was convinced that sanctions and diplomatic pressure were working.

“You always have the last resort … of military action. But it must be the last resort, not the first,” Panetta said.

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Archives November 14, 2011 posted by

New Italian, Greek governments race to limit damage

Technocrat leaders in Italy and Greece were rushing to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, with stocks and the euro rising when markets opened in Asia.

Italy’s president asked former European Commissioner Mario Monti on Sunday to form a government to restore market confidence in an economy whose debt burden is too big for the euro bloc to bail out.

Investors will pass initial judgment on his leadership when Italy’s Treasury asks investors on Monday to bid for up to 3 billion euros ($4 billion) in five-year government bonds. At an auction last week, the government’s borrowing costs surged above 6 percent and kept rising to levels well beyond what the country could afford to pay over the longer term.

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