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7/26/09

VeloNews: Contador's win is the 12th Tour win for Spain - by Justin Davis

Alberto Contador wins Tour de France


For the complete report from VeloNews click on this link

Contador's win is the 12th Tour win for Spain - by Justin Davis

Alberto Contador took Spain's tally to 12 wins in 96 editions of the Tour de France when he wrapped up his second victory on the race here on Sunday. Reputed climber Federico Bahamontes, nicknamed the 'Eagle of Toledo', broke new ground for his countrymen by winning the race in 1959 after years of domination by the French, the Italians and Belgians.Contador cruised down the Champs-Elysees to win the Tour for a second time Sunday after 2,141 miles over three weeks of racing. He repelled many challenges in the mountains, excelled in the two time-trials -- winning a pivotal race against the clock in the 18th stage -- and won the first Alpine stage.

Wins by country after 96 editions:
36: France
18: Belgium
12: Spain
10: United States
9: Italy
4: Luxembourg
2: Netherlands, Switzerland
1: Germany, Denmark, Ireland

Seattle Times: Boeing 787 may not fly this year because of structural flaw - by Dominic Gates

"787 battling structural problems"


For the complete report from the Seattle Times Newspaper click on this link

Boeing 787 may not fly this year because of structural flaw - by Dominic Gates

The structural flaw that delayed the first flight of the 787 Dreamliner is more complex than originally described by the company, and the plane's inaugural takeoff is likely at least four to six months away, say two engineers with knowledge of Boeing's problem. "It's got to take at least three to four months just to get something installed on an airplane," said a structures engineer who has been briefed on the issue. "It's definitely a costly fix to go and do this work."

Both engineers said the issue requires a thorough redesign of the plane's wing-to-body join, and the necessary parts will be very difficult to install on the test airplanes that have already been built.

Belfast Telegraph: Jet disasters claim the highest number of lives since 2002

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Jet disasters claim the highest number of lives since 2002

The number of people killed in passenger airline crashes in the first six months of 2009 was the highest January-June total since 2002, new figures show. Two recent Airbus crashes, including the mid-Atlantic Air France disaster, swelled the 2009 half-year fatality figure to 499, Flight International magazine said. This compared with 175 deaths in the first six months of 2008 and was well above the half-yearly average of 344 for this decade. The years 2001-10 could now become the first decade since World War II when global airline accident rates did not show an improvement compared with the previous decade, said Flight International's operations and safety editor David Learmount.

Sarkozy collapses while jogging

EU-Digest

Sarkozy collapses while jogging

(AFP) France's President Nicolas Sarkozy collapsed while jogging near his weekend retreat Sunday and was rushed to hospital where officials said he was "doing well" but would remain overnight. The 54-year-old conservative president's wife Carla Bruni-Sarkozy raced to his side on the back of a police motorbike after he felt faint while running in the wooded park around the Versailles Palace, a witness said.A presidential aide told AFP that Sarkozy had a problem related to his vagus nerve -- which helps the body regulate its heart rate -- but that doctors considered the problem "minor". A condition known as vasovagal syncope can reduce the heart rate and blood pressure -- particularly if the victim is dehydrated. Patients can faint but normally make a complete recovery, medical experts said. Sarkozy's office said there were no plans to cancel Sarkozy's visit on Tuesday to the Mont Saint Michel abbey in Normandy.

7/25/09

Newsweek/EU-Digest: Germany - Russia: The New Ostpolitik


For the complete report from Newsweek.com click on this link

Germany - Russia: The New Ostpolitik

They're Europe's odd couple. At a time when much of the continent is scrambling to find strategies to contain, avoid, and punish a resurgent Russia, Germany is pushing ahead with the most important and surprising post–Cold War alliance in Europe. Once titanic enemies, Germany and Russia are embracing a slew of big business deals that aim for everything from a joint resurgence in the world's nuclear-energy market to taking over a big chunk of GM's European empire. German technology will upgrade Russia's vast railroad network—and while much of Europe seeks to free itself of energy dependence on Russia, Germany's E.On is buying up Russian gas fields.

The stream of agreements reflects the depth of what has become Europe's most powerful new partnership. Based on a history of close ties, a decade long surge in trade and investment, and massive German imports of Russian natural gas, Germany has become not only Russia's most important trading partner, but its principal advocate in the West. Germany has vetoed an EU-wide energy market that would reduce Europe's dependency on Russian supplies, and stayed cool on U.S. plans for missile defense. Mikhail Margelov, chairman of the foreign-affairs committee in the upper house of Russia's Parliament, says Germany was Russia's "biggest helper" in its successful attempt to block the eastward expansion of NATO.

Note EU-Digest: Like the relationship between France and Germany, the relationship between Russia and Germany is pivotal for the stability, prosperity and peace in the EU and will strengthen all partners equally on the worlds political and economic stage.

NewScvientists: Falling out of love with market myths - by Terrence Kealey

For the complete report from the New Scientist click on this link

Falling out of love with market myths - by Terrence Kealey

"My story starts with a theory that Ronald Reagan and Margaret Thatcher sold us. It is called "supply-side economics", and it claims that economic growth depends, first, on the rich (not the poor) being rewarded with tax cuts; and second, on markets being freed from regulation. Clearly the theory is flawed. The rush by bankers to pay themselves large bonuses, even as their failing banks were being nationalised, reveals the true function of this bloated remuneration - to benefit only its recipients - while the banks failed precisely because their regulation was too lax. Supply-side economics was buttressed by two further theories: "rational expectations" and "efficient markets". As their names imply, these assume that traders do not make systematic errors when predicting the future, and that the prices of financial products such as shares, bonds and property accurately reflect all relevant information.

Unfortunately, entrepreneurs today love the theory of market failure. Once, like Bill Gates, they rejoiced in the free market, but today, banker-like, they want to nationalize the costs of their R&D but to privatize their profits. Indeed, when I ran a biotechnology start-up in the 1990s, I too claimed every government grant going, even though I secretly knew that there is no market failure. False theories are often beguiling (markets look, at first sight, efficient; science looks, at first sight, like a public good) but while false economic theories are soon exposed by the crunches in the market, the tragedy of false economic theories in science is that they can be more easily disguised because their failings are more insidious."

ESPN: Tour de France: Lance Armstrong hangs onto podium place

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Tour de France: Lance Armstrong hangs onto podium place

Alberto Contador all but sealed the Tour de France title Saturday, keeping the yellow jersey after a punishing mountain ride in the next to last stage. Lance Armstrong, the seven-time champion who came out of 3½ years of retirement, held third place overall after the dreaded climb up Mont Ventoux. He finished in a small group that included Contador, his Astana teammate, and second-place Andy Schleck of Luxembourg. Contador, the 2007 Tour champion, leads Andy Schleck overall by 4:11, with Armstrong 5:24 behind. Bradley Wiggins is fourth, 6:01 back, and Frank Schleck is fifth, 6:04 behind the Spaniard.

adnkronos.com: Turkey: 200 suspected Islamists detained

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Turkey: 200 suspected Islamists detained

Turkish police say they have detained around 200 suspected members of Hizb ut-Tahrir, an outlawed pan-Islamist party, in an operation carried out in 23 provinces across the country on Friday. A statement made by Turkish police said that this operation is part of an ongoing investigation to track down members of the party. Police said they have uncovered a number documents during the investigation that link those detained to the Islamist group. The Hizb ut-Tahrir movement was established in 1952 in Jerusalem. The group's aim is to 'unite' all Muslim nations within an Islamic caliphate ruled by Sharia law. It has not yet been determined if the group has been involved in any sort of violent terrorist attacks. The group claims its means are wholly peaceful.

Uzbekistan blames Hizb ut-Tahrir for bombings in the capital in 2004, an accusation the group denies.

American Thinker: Top ten reasons why sharia is bad for all societies - by James Arlandson

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Top ten reasons why sharia is bad for all societies - by James Arlandson

Traditional Muslims who understand the Quran and the hadith believe that sharia (Islamic law) expresses the highest and best goals for all societies. It is the will of Allah. But is Islam just in its laws that Muhammad himself practiced and invented? The article in the American Thinker by James Arlandson says no for ten verifiable reasons.

No one should be fooled into believing that these harsh and excessive laws were invented in the fevered imagination of extremists who came long after Muhammad. These harsh and excessive laws come directly from the founder of Islam in his Quran and in his example in the hadith.

James Arlandson concludes in his article in the American Thinker: "The purpose of these links is not to condemn Islamic countries or to assert that the West is better than they are. Facts say that the West has many problems. Rather, the purpose is to demonstrate that Islamic countries have their share of problems as well. This means that Islamic countries are also decadent. This means that Islamic punishments do not work entirely (except by scare tactics), but they can drive the sin or crime underground."

Middle East Online: A New Supreme Leader for Iran? - by Babak Sarfaraz

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A New Supreme Leader for Iran? - by Babak Sarfaraz

People in the know in Iran report that the hottest subject of discussion among Iranian conservative leaders these days is the issue of who is to succeed Supreme Leader Ayatollah Ali Khamenei, who is said to be suffering from leukemia. The same individuals report that the person most likely to take Khamenei's mantle is Ayatollah Mahmoud Hashemi Shahroudi, the powerful chief of the Judiciary, whose tenure is scheduled to end within weeks.Shahroudi seems like a perfect fit for the job. At 61, he is at the peak of his powers. A brilliant student of Grand Ayatollah Mohammed Baqir al-Sadr of Iraq (who was himself the father-in-law of Muqtada al-Sadr, the leader today of Iraq's Mahdi Army), Shahroudi is known among his peers for his breadth of religious knowledge and superior intellect. As a political hardliner, he is a dedicated champion of the status quo who has spent the greater part of his life struggling for the establishment or consolidation of Islamic states in Iran and Iraq along the lines set down by Ayatollah Ruhollah Khomenei some forty years ago.

gnmagazine: The New World Disorder: Where Is It Taking Us? - by John Ross Schroeder

"the party could be over?"
For the complete report from the GNMagazine click on this link

The New World Disorder: Where Is It Taking Us? - by John Ross Schroeder

Author and educator James Martin, founder of the Institute for Science and Civilization at the University of Oxford, soberly warns us: "At the start of the 21st century, humankind finds itself on a non-sustainable course—a course that unless it is changed will lead to catastrophes of awesome consequences. This could be humanity's last century, or could be the century in which civilization sets sail towards a far more spectacular future" (The Meaning of the 21st Century, 2007, preface). The choices and options of humanity are narrowing sharply. Intelligent observers of the world scene recognize that we must alter our ways soon or face eking out a bare existence in a shattered and disordered world. Either we are fast running out of time or we may have already passed the dreaded point of no return. Current affairs author and historian Robert Harvey previously articulated his own stark warning: "Unless action is taken as the warm glow of sunset on the twentieth century is replaced by the pale light of dawn on the twenty-first, we will gaze towards the same horizon of global horrors as our great-grandfathers, this time through a nuclear haze. The world is a much more dangerous place than it has been for nearly half a century" (Global Disorder, 2003, p. xxxii).

Czech patriot and former President Vaclav Havel has stated that "cultural conflicts are increasing and are more dangerous today than at any time in history" (quoted by Samuel Huntington, The Clash of Civilizations and the Remaking of World Order, 1997, p. 28).

7/24/09

EU-Digest- Turkey, Iraq, U.S. to discuss how to combat PKK terrorists

EU-Digest

Turkey, Iraq, U.S. to discuss how to combat PKK terrorists

(Reuters)Senior officials from Turkey, Iraq and the United States will meet in Ankara on Tuesday to discuss closer cooperation against Kurdish rebels who attack Turkey from bases in northern Iraq, a Turkish government official said. Turkey and Iraq will be represented by their interior ministers, said the official, who requested anonymity. It was not clear who would head the U.S. delegation. "It is going to be a meeting about intelligence sharing and the issue of the PKK will be taken up," said the official. The three countries have stepped up efforts to fight separatist rebels of the Kurdistan Workers Party (PKK), which is considered a terrorist organization by Washington, the European Union and Turkey.

10connects.com : Critics say Florida governor wasted almost half million on trip to Europe last year

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Critics say Florida governor wasted almost half million on trip to Europe last year

One year ago this week, Florida Governor Charlie Crist was in Europe. The governor at the time said taxpayers would benefit by sending him to England, France, Spain and Russia. Supporters of the trade mission say it was a huge success because of the potential jobs and income it could generate in the state, but the operating word to that is "potential."

Critics say the trip was a big fat zero and just a waste of taxpayer money. Crist's office says fostering overseas business is even more important when the economy is hurting and has been "instrumental in keeping our state from greater distress." The governor and his wife -- who was then his fiancee -- stayed in luxury hotels. While business groups paid for their trip, it cost taxpayers $430,000. Part of the expense included $148,000 for nine bodyguards, a photographer and two other staffers. There was also a $650 cleaning bill. Critics say that is appropriate, because they say the trip took taxpayers to the cleaners.

USA Today: Health Care - US Senate delays vote on health care

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Health Care - US Senate delays vote on health care

Senate Democrats announced they won't meet a self-imposed August deadline to vote on an overhaul of the nation's health care system and vowed to use the extra time to find ways to pay for the plan. Thursday's decision was a symbolic blow to President Obama, who has thrust health care to the top of his domestic agenda and repeatedly called on lawmakers to act on a bill this summer. Republicans and some Democrats resisted that timetable.

Note EU-Digest: this shows how much US congressmen and senators are tied to special interest groups who don't want to see the present "ripoff" practices by the insurance, medical and pharmaceutical industry changed.

Denver Post: Tour de France - Contador wins trial, awaits coronation - by Jamey Keaten

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Tour de France - Contador wins trial, awaits coronation - by Jamey Keaten

Alberto Contador all but assured his second Tour de France victory Thursday, winning the race's final time trial, while Lance Armstrong struggled with fatigue but moved up one spot to third place. Contador, Armstrong's Astana teammate and the 2007 Tour champion, increased his overall lead in the 18th stage, in which cyclists rode against the clock on the 25-mile course in and around Annecy. The three- week race ends Sunday on the Champs-Elysees in Paris. Contador finished in 48 minutes, 31 seconds, beating Fabian Cancellara of Switzerland by three seconds. Russia's Mikhail Ignatiev was third, 15 seconds back.

Irish Examiner: Ireland - A quarter of young people out of work - by Ann Cahill

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Ireland - A quarter of young people out of work - by Ann Cahill

A quarter of the young people in Ireland are out of work as unemployment continues to rise faster here than in most other EU countries, according to the latest figures.The number of people under 24 years of age not able to find a job has increased four times faster in Ireland than the EU average over the past year. Ireland has the fourth highest number of young people unemployed, at 25.5%, more than double the percentage of a year ago. Just Spain, Hungary and Sweden are higher. The Labour party’s youth wing called for new measures to tackle youth unemployment, including temporary nationalization of the banks to get credit flowing again; tax breaks for employers who take on additional workers from the live register; a work experience scheme for graduates and apprentices and retraining for those who have lost their jobs. The quarterly EU labour market review shows that the drop in joblessness from 9% to 6.7% achieved over three years from 2005 has been wiped out in just 14 months. Spain has the highest rate at 18.7% while the Netherlands has the lowest at 3.2%. It has increased only slightly over the past 12 months.

EurActiv.com - Iceland postpones reimbursement of Dutch, British savers

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Iceland postpones reimbursement of Dutch, British savers

Iceland's parliament agreed on 23 July to break for the summer without having passed a controversial bill to guarantee repayment of billions lost in Icelandic accounts to Britain and the Netherlands.Reykjavik agreed in June to reimburse the two countries for compensating people holding so-called Icesave accounts at Landsbanki, one of three top Icelandic banks that failed last year under the weight of massive debts. Some 300,000 people in Britain, and others in the Netherlands, had funds deposited in the accounts. The bill now in parliament could leave Icelandic taxpayers footing much of the cost and is widely unpopular among politicians and the public, already anxious about the decision last week to seek to join the EU.

Internet Retailer/EU-Digest: Rail Europe drives up web sales with new content-heavy travel site

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Rail Europe drives up web sales with new content-heavy travel site

After chugging along for years with a basic web site used only to book rail tickets and passes, Rail Europe is on the fast track to online sales growth after relaunching its site as a content-rich travel portal designed with analytics to learn visitors’ travel preferences. Despite the global economic downturn and a drop in consumer travel, Rail Europe’s online sales in April and May rose 6.5% over the same period last year, says Frederick Buhr, vice president of e-business. The increase in sales came despite an 11% year-over-year drop in the number of online visitors during Rail Europe’s peak April-to-July season, showing the relaunched site’s strength in a down economy at a time when business at many travel sites is down, Buhr says.

Note EU-Digest : Last November, RailEurope.com relaunched with several hundred pages of new travel-related content tied to the 32 railroads and countries that Rail Europe serves.

Belfast Telegraph: China to be first major economy to recover

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China to be first major economy to recover

China will be the first major country to rebound from the global economic downturn because the world's most populous country has not suffered a banking crisis and has invested in important infrastructure projects to stimulate the economy, a conference in Dublin has heard. China's economy hit bottom in the last quarter of last year and is now growing at between 7% and 8% a year, Prof Nicholas Lardy said on the opening day of a two-day conference on China at O'Reilly Hall at University College, Dublin (UCD) yesterday.

China's financial regulator prevented most domestic banks from buying the sort of toxic assets that have damaged the balance sheets of their Western counterparts while the government reacted swiftly to introduce a fiscal stimulus to bolster the economy and improve China's poor power grid and motorway system.

7/23/09

Times Online: Turkey - Laughter in court as retired Turkish generals join celebrities in coup trial - by Murat Sezer

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Turkey - Laughter in court as retired Turkish generals join celebrities in coup trial - by Murat Sezer

Two retired generals became the highest ranking officers in modern Turkish history to go on trial yesterday. They are accused of a campaign of assassinations designed to plunge the country into chaos and pave the way for a military takeover. Sener Eruygur, a former Gendarmerie commander, and Hursit Tolon, a retired army chief, are among 56 defendants accused of plotting a coup against the Islamic Government of Recep Tayyip Erdogan. They face life sentences in the second wave of a trial aimed at the Ergenoken terror group. According to three indictments, thousands of pages long, the group is the latest incarnation of what has long been known as the “Deep State”. It is believed to include hitmen and senior figures in the security forces, state bureaucracy and judiciary who were prepared to sanction murder to protect Turkey’s secular system.

Telegraph:Tour de France 2009: Alberto Contador defends tactics despite defying team orders - by Brendan Gallagher

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Tour de France 2009: Alberto Contador defends tactics despite defying team orders - by Brendan Gallagher

Yellow jersey Alberto Contador has been forced to defend his tactics in Thursday's Queen stage in the Alps when a late attack blew his Astana colleague Andrea Kloden out the back of the small lead group - the Schleck brothers Andy and Frank were the other riders - and endangered the German's chances of making the podium in Paris. Armstrong was in diplomatic mode when questioned about the tactics: "I am going to bite my tongue on that one," said Armstrong of Contador's attack, but he did question the move in his Twitter update. The American said last week that there were tensions in the team, but after losing time in Sunday's stage to Verbier he pledged his support to help Contador win his second Tour.

While Contador insists his motives for the attack were tactically sound, and that he was told he should attack by Klöden, there was speculation amongst the Tour press corps that the Spaniard does not need to make niceties with his Astana teammates because Armstrong and Bruyneel are planning a new team for 2010, with an announcement on a sponsor coming later today.

DW: More people are leaving Germany than arriving

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More people are leaving Germany than arriving

The number of immigrants was almost constant compared to the year before at 682,000, but the number of emigrants rose by 100,000 to 738,000. Most of the immigrants came from EU countries, with 119,000 Poles forming by far the largest group. Only Turkey, with 26,200 immigrants, remains a substantial source of immigration from outside the EU. Quite a few (108,000) were Germans coming back, mostly from Poland and the USA.

Meanwhile, the numbers of Germans and foreigners leaving the country continues to rise; altogether 56,000 more people left than arrived. The Statistical Office in Wiesbaden admits that its figures for departures are not perfect this year, because of administrative changes in local registration offices which have led to some people being taken off the registers who should not have been on them in the first place. But it says that it's quite clear that, while the number of foreigners arriving is still greater than the number of those leaving (+11,000), the sum for German movements is seriously negative (-66,000).

Economist.com: Europe.view: Westward words

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Europe.view: Westward words

A fictional open letter to Barack Obama. A letter by east European luminaries to the American administration has attracted much attention. Here is what they couldn’t have said and didn’t.

"We are aware of our shortcomings. Our countries have been complacent, particularly since joining the EU. Our political class has lost the public’s confidence. We have allowed the EU’s expansion to falter; it obsesses about tedious and irrelevant constitutional reforms, rather than dealing with big questions such as energy security and competitiveness. It is not surprising that you don’t take the EU as seriously as it takes itself."

7/22/09

European Voice: One world, one Europe - by Dominique Moïsi

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One world, one Europe - by Dominique Moïsi

In the early 1980's, a former French foreign minister, Jean François-Poncet suggested that France and the United Kingdom give up their seats on the UN Security Council in favour of a single European Union seat. Germany would no longer seek a seat, Italy would not feel left out, and Europe's international identity would be strengthened in a spectacular way. Of course, this was not to be. France and the UK were not willing to give up the symbol of their nuclear and international status. They are probably are even less willing to do so today in the name of a Union that is less popular than ever, at least in the British Isles.

In today's global age, with the rise of emerging powers and the relative decline of the West, the only Europe that will be taken seriously is a Europe that can speak and be seen as one.

EurActiv.com - Europe's disreputable system for 'fixing' its president - by David Price

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Europe's disreputable system for 'fixing' its president - by David Price

"Europe needs an ethically robust system to choose a real leader with civic guts and moral courage," writes David Price, founder of the Schuman.info website, in a July post on Blogactiv."It is a damning commentary on the democratic ethics of the 27 governments of the EU that they choose the president of the European Commission in secret, without any recourse to democracy," Price writes. "It is far, far from the democratic principles that Robert Schuman announced sixty years ago," he explains, adding: "It is a far cry from the principles of human rights that Schuman and others formulated in 1948-50 and set as European law."

"How should Europeans elect the European Commission? Who should be Europe's leader? Shouldn't all Europeans be involved in the election?," Price asks.

Uprooted Palestinians: Russia, France, EU up Pressure on Israel to Halt E. J'lem Building

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Russia, France, EU up Pressure on Israel to Halt E.J'Lem Building

It seems that the diplomatic pressure on Israel is growing day after day over its building project in the annexed Arab quarter of occupied east Jerusalem, yet the Zionist entity continues to defy the international calls and go on building its illegal settlements at the expense of the Palestinian people and their right to live in their own land and homes. One day after the United States demanded that Israel stop building projects in occupied east Jerusalem, Russia joined the call, urging the Zionist entity to immediately halt construction in the area, and saying that a failure to do so would be a violation of the so-called “road map peace agreement”.

The US, Russia have demanded that Israel suspend a planned housing project on the grounds of the hotel in occupied east Jerusalem. "The settlement should be stopped immediately in line with the road map," AFP quoted Russian foreign ministry spokesman Andrei Nesterenko as saying, in reference to a plan to build 20 housing units in the Sheikh Jarrah neighborhood in occupied east Jerusalem, near Mount Scopus and the National Police headquarters. French Foreign Minister Bernard Kouchner was also quoted by the news agency as saying on Tuesday that France summoned the Israeli ambassador in Paris to demand a halt to the building in occupied east Jerusalem.

Moscow Top News: Sapsan Trains: Looking at the Future Today


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Sapsan Trains: Looking at the Future Today

A major milestone for German-Russian cooperation, the first state of the art Sapsan high speed train is on its way to Russia. This is the first of eight trains scheduled for delivery with a deadline of 2010. The German company Siemens, in the typical fashion of German engineering, is responsible for constructing the trains. The trains will begin service at the end of 2009 and will be able to travel at an amazing 250km/h.

The high speed trains will be able to offer fares cheaper than air travel, which is highly dependent on oil prices. They will be running the St. Petersburg to Moscow route, previously a totally overnight run. They pose an impressive sight, sleek and aerodynamic. The Sapsan name appears on the trains in the Cyrillic alphabet and they sport the colors of the Russian flag. The sleek design and pointed nose look like an aircraft on the ground, as the passengers will be able to move around in comfort and safety never needing to become airborne. The interior is spacious, comfortable and looks like something from the space age. The control section looks like is has starship control panels. Just to be in it and look at it will be a destination experience.

Pravda: Opel's Future Thrown into Uncertainty

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Opel's Future Thrown into Uncertainty

here can be no winner in the dispute between Canada’s Magna and Belgium’s RHJ International for Germany’s automotive giant Opel. If the talks between the General Motors and the bidders end with no results, the car-maker may go bankrupt, Germany's Frankfurter Allegemeine Zeitung newspaper wrote. “There are still lots of question marks: for example the bidders have to ensure that the new Opel company can start with a strong capital base. That means that the bidders have to be ready to take on more risk themselves. Otherwise the E.U. Commission will not accept the rescue," the minister told the newspaper.

7/21/09

USA Today: US Senate agrees to cut off new spending for F-22 jets - can Britain and the Netherlands still afford to buy the plane?

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US Senate agrees to cut off new spending for F-22 jets - can Britain and the Netherlands still afford to buy the plane?

The Senate has sided with the Obama administration in agreeing to cut off new spending for the F-22 jet fighter program. The 58-40 vote removes $1.75 billion set aside in a defense policy bill to build seven more F-22 Raptors, adding to the 187 stealth technology fighters already in the pipeline.Defense Secretary Robert Gates has said that the Pentagon has enough of the $140 million jets to meet operational needs and President Obama has threatened to veto the defense bill if Congress ignores the request that the program be terminated.

Note EU-Digest: Both Great Britain and the Netherlands have their eyes on the Lockeed F22.Given the US cancellation in ordering this plane the question could be asked if Britain and the Netherlands can afford ordering this aircraft given the deteriorating economic environment in their countries which requires different priorities than military ones.

Telegraph.co.uk:EU suspends aid to Honduras

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EU suspends aid to Honduras

The EU External Relations Commissioner, Benita Ferrero-Waldner, said she regretted the fact that no negotiated solution to the crisis had been achieved since Zelaya was removed from office in June. Talks on resolving Honduras' leadership crisis broke off on Sunday after the interim government rejected a proposed compromise drafted by Costa Rican President Oscar Arias that called for allowing Zelaya to serve out his term.

"This is a crisis which Honduras can ill afford," Ferrero-Waldner said in a statement. "In view of the circumstances, I have taken the difficult decision to suspend all budgetary support payments." The move to freeze aid covering the 2007-2010 period was seen as an attempt to put pressure on the government led by Roberto Micheletti, who was sworn in as Honduras' interim president after a June 28 coup.

LATimes: European Union to scrutinize Google Books settlement; US Congress may hold hearing

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European Union to scrutinize Google Books settlement; US Congress may hold hearing

The European Union said today that it would scrutinize Google's settlement with authors and publishers and hold a hearing Sept. 7 to determine whether there would be any adverse impact on the European book market. "What’s currently planned is a fact-finding exercise by the [European] Commission -- not an investigation -- and we're looking forward to taking part," said Jennie Johnson, a Google spokeswoman. Under scrutiny will be Google's agreement, reached last year with the Authors Guild and the American Association of Publishers, to make out-of-print books searchable online. Among other things, the agreement also would create a digital library of books to which libraries and research institutions can have full access for a recurring fee. "It’s important to discuss how we can use the Internet to bring back to life millions of books around the world that will otherwise be lost," Johnson said. "This is at the heart of what we have accomplished in our agreement with authors and publishers. It's also why we are working in partnership with libraries around the world to digitize their books so they can live forever online."

The settlement has recently become a magnet for controversy and scrutiny. Earlier this month, the U.S. Justice Department, working with several state attorneys general, launched a formal investigation into the potential antitrust implications of the settlement. Consumer groups, libraries and nonprofit organizations such as the Internet Archive have also voiced concerns that the settlement would give Google too much influence over the burgeoning digital books market.

People's Daily Online: US Economy - Geithner jetsets across globe to peddle US debt -

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Geithner jetsets across globe to peddle US debt

Timothy Geithner, architect of bank, auto and economic rescue plans, has another high-stakes job these days: traveling bond salesman.The recession, financial crisis and two wars have pushed the federal deficit above $1 trillion, a record level that makes the Treasury secretary's role as chief marketer of US debt tougher than any of his recent predecessors'.In March, Chinese Premier Wen Jiabao said his country was concerned about the "safety" of the large amounts of money it had lent to the United States.The deficit-cutting proposals the administration has so far revealed would fall far short of what is needed. "If the Obama administration has a credible plan to bring the deficits down, they are keeping it a deep secret at the moment," said Michael Mussa, senior fellow at the Peterson Institute and former chief economist at the International Monetary Fund.

With nearly three months left in the budget year, the Obama administration forecasts that this year's deficit will total $1.84 trillion, more than four times the size of last year's record tally. The nonpartisan Congressional Budget Office estimates the annual deficits under the administration's spending plans will never drop below $633 billion over the next decade. And it forecasts an additional $9.1 trillion added to the debt held by the public - the amount that Geithner has to finance with bond sales.

Note EU-Digest: The above paints an extremely gloomy economic situation for the US, which also indicates how little flexibility Mr. Geithner has.

FRB: Testimony--Ben Bernanke, Semiannual Monetary Policy Report to the Congress

For the complete testimony of Mr.Ben Bernanke of the US Federal Reserve Board click on this link

Testimony--Ben Bernanke, Semiannual Monetary Policy Report to the Congress

"At the time of our February report, financial markets at home and abroad were under intense strains, with equity prices at multiyear lows, risk spreads for private borrowers at very elevated levels, and some important financial markets essentially shut. Today, financial conditions remain stressed, and many households and businesses are finding credit difficult to obtain. Nevertheless, on net, the past few months have seen some notable improvements. For example, interest rate spreads in short-term money markets, such as the interbank market and the commercial paper market, have continued to narrow. The extreme risk aversion of last fall has eased somewhat, and investors are returning to private credit markets. Reflecting this greater investor receptivity, corporate bond issuance has been strong. Many markets are functioning more normally, with increased liquidity and lower bid-asked spreads. Equity prices, which hit a low point in March, have recovered to roughly their levels at the end of last year, and banks have raised significant amounts of new capital."

7/20/09

newKerala: Man will return to Moon by 2025, says European Space Agency's Director General

For the complete report from the NewKerala click on this link

Man will return to Moon by 2025, says European Space Agency's Director General

The Director General of the European Space Agency (ESA) has said he's sure that mankind will go back to the Moon as soon as 2020 or 2025.“Yes, I am sure mankind will go back to the Moon. The Moon is just three days away from Earth, and it used to take three days to go from Paris to Marseille a little over a hundred years ago, so I don’t see why we shouldn’t go back to the Moon. However, the aim would no longer be to plant a flag there,” Dordain said.

“The idea would be to use the Moon as just another part of our environment, in order to make scientific progress, or to establish a warning system against asteroids or anything else threatening Earth, or as a source of resources to take back to Earth,” he added.

cagaptay.com: Turkey - Obama's Two Dollars and Turkey - by Soner Cagaptay

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Turkey - Obama's Two Dollars and Turkey - by Soner Cagaptay

It is a tough economy, but if President Barack Obama has $2 to invest in Turkey, I would suggest that he put one buck into consolidating Turkey's liberal democracy, and the other into moving forward the country's European Union accession, for a non-European Turkey would be a big loss for Washington. Since the Justice and Development Party, or AKP, came to power in Turkey in 2002, Turkey's media has been transformed for the worse. The government has used legal loopholes to confiscate ownership of independent media and sell it to its supporters. In 2002, pro-AKP businesses owned less than 20 percent of the Turkish media; today pro-government people own around 50 percent.

Not only has Turkey's media ownership been transformed with a pro-government bent, but media freedoms have been eroded as well: according to Freedom House's freedom of press index reports, Turkish media is less free today than it was in 2002, slipping from 100 in 2002 to 103 in 2008. As Turkey ought to be moving toward the EU, its record on media freedoms should have improved significantly since 2002, not stagnated. Something is not right in Turkey today. Mr. Obama ought to put his money into Turkey's free media since, without a free and independent media, as well as the accompanying freedoms, Turkey risks looking more like Russia, and nobody, neither the EU nor Mr. Obama, wants two Russia's on Europe's eastern frontier.

There is no longer a grey area in which Turkey can position itself. Turkey will either become an EU member and part of the West, or fold into the "Muslim world," as per al-Qaeda's vision. This is already a risk, with the number of Turks who identify as Western decreasing, especially among the youth. Mr. Obama ought to invest in Turkey's EU accession in order to keep Turkey Western and to consolidate its liberal democracy. All it takes is two bucks from Obama's wallet. Hard as times might be, this is not the time for Washington to lose Turkey, or let go an important ally.

Newsweek: Soner Cagaptay On Turkey's Ergenekon Case

For the complete report from Newsweek.com click on this link

Soner Cagaptay On Turkey's Ergenekon Case

In which country does a liberal woman who educates poor girls worry about her safety when she goes home at night? Pakistan, Afghanistan—right—but also add Turkey now. In an early-morning raid on April 13, Turkish police arrested more than a dozen middle-aged liberal women working for the Society for Contemporary Life (CYDD), a nongovernmental organization that provides educational scholarships to poor teenage girls. The arrests were part of the Ergenekon court case, in which police have arrested hundreds of people, including Army officers, opponents of the Justice and Development Party (AKP) government, renowned journalists, artists and now these women, charging them with plotting to overthrow the government.

When the case opened in 2007, AKP watchers saw it as an opportunity for Turkey to clean up corruption, such as security officials' involvement in the criminal underworld. But the case is much more than that. It is a tool for the AKP to curb freedoms, and more than anything else illustrates the power of the Gülen tarikat (Islamic order) that now controls the Turkish police and, you guessed it, educational scholarships for the poor.

The Ergenekon case has become a witch hunt. If you have doubts, call a friend in Turkey and ask for an opinion of the case. Your friend will respond with details of the weather. The last time people were afraid to discuss a public court case in the West was during the McCarthy trials in the U.S. Though it is in accession talks with the European Union, Turkey is devolving into a similar state of fear. Sad as it is, there is a way out of this conundrum if the AKP turns Ergenekon into a case that targets only criminals, and the Gülen tarikat lets go of its control over the Turkish police and truly becomes a spiritual movement.

RTÉ: Ireland has second largest surplus in EU

For the complete report RTÉ click on this link

Ireland has second largest surplus in EU

Ireland recorded the second largest first-quarter trade surplus in the EU, according to the latest data from Eurostat. Germany led the way with the value of its exports exceeding imports by €36.8 billion. The Netherlands was third with €11.6 billion, with Ireland sandwiched in-between on €12.7 billion. Ireland's surplus was €4.4 billion higher than the same period in 2008, though it was attributed more to a drop in the cost of imports than on a major increase in exports.

Boston Globe/EU-Digest: EU wants to expand anti-terror data deal with US

For the complete report from the Boston Globe click on this link

EU wants to expand anti-terror data deal with US

The European Commission wants to give U.S. anti-terror investigators access to European operation centers run by bank transfer consortium SWIFT, EU spokesman Michele Cercone said. The consortium set up by member banks is responsible for the collection and relay of more than 11 million financial transactions daily between banks and other financial institutions worldwide. Cercone told reporters that widening a 2007 EU-US data protection deal would help strengthen preventive measures to stop the transfer of funds between known terror groups and suspects.

Note EU-Digest: there are certainly better ways of controlling the transfer of funds by know terrorist groups than tapping into everyone's banking account information, which is against privacy laws in the European Union.

Al Jazeera English - EU parliament elects Polish leader Jerzy Buzek

For the complete report from Al Jazeera click on this link

EU parliament elects Polish leader Jerzy Buzek

Jerzy Buzek, the former prime minister of Poland, has been elected as president of the European parliament, becoming the assembly's first leader from the former eastern bloc. The 69-year-old won the backing of 555 members of the the 736-member assembly on Tuesday, as the parliament in Strasbourg, France began its first session of a new five-year term.

"This is a symbolic day. I consider my election to be a signal for our countries", Buzek said in reference to eastern European nations that joined the EU in 2004. "I also consider it to be a homage to the millions of citizens who refused to bow to a hostile system. "There is no longer you and us. Now there is only one Europe shared," Buzek, who is from the conservative European People's Party, said.

SpeedTV.com - VW Ready To Buy Porsche

For the complete report from SPEEDtv.com click on this link

Volkswagen has set the stage to buy out Porsche, ready to acquire the renowned sports-car company in two stages beginning this week. The price tag: $11.28 billion. The reported deal would require the deposing of Wendelin Wiedeking, Porsche CEO since 1993, who is said to be negotiating a severance package of more than $140 million. Wiedeking, who opposes the VW merger proposal, denies that any such deal is pending. Wiedeking is largely credited with turning Porsche from a struggling, nearly bankrupt automaker into a highly profitable automotive powerhouse, but he also is blamed for Porsche amassing a mountain of debt last year as it attempted an ill-advised takeover of VW.

Spiegel OnLine: Growing Fear of Credit Crunch: Germany Considering Forced Capitalization of Banks

For the complete report from the SPIEGEL ONLINE click on this link

The German government is worried that the current shortage of bank credit plaguing industry will worsen later this year and is considering tackling the problem by forcibly taking stakes in banks, similar to the policy adopted by authorities in the United States and Britain, a German newspaper reported on Monday.The plan envisages the government forcing banks to take state aid and to part-nationalize them in return.

At present small businesses as well as large corporations say they are having problems securing bank loans. The banks have tightened their lending because they have had to make risk provisions to cover remaining toxic assets in their balance sheets, because an increasing number of companies cannot repay their loans in the current economic downturn, and because new international balance sheet rules are forcing banks to put back more equity capital to cover their loans. The government has argued that it's time banks boosted their lending because several of them have taken billions of euros in government aid.

Guardian UK/EU-Digest: McDonald's snubs EU and moves European HQ to Geneva - by Julia Kollewe


For the complete report from the guardian.co.uk click on this link

McDonald's snubs EU and moves European HQ to Geneva - by Julia Kollewe

McDonald's is shifting its European headquarters to Geneva, in a snub to the European Union, to benefit from Switzerland's advantageous intellectual property tax laws. The US fast-food chain is joining other foreign companies that have moved their European headquarters to a more favorable tax regime. US corporations that have based themselves in Switzerland include Kraft, Procter & Gamble, Colgate-Palmolive, Yahoo! and Google. McDonald's said its new European head office would be opened in Geneva before the end of the year. It will bring together all senior management, who are spread across four regional centers: London, Paris, Munich and Vienna. The company's European president, Denis Hennequin, who until now has split his time between London and Paris, will be among the executives making the move to Geneva.

Note EU-Digest: bottom line - McDonald, Kraft, Procter & Gamble, Colgate-Palmolive, Yahoo! and Google want and enjoy the benefits of the huge market, opportunities and profit the European Union offers, but not the obligations that come with it. Definitely an issue that needs to be looked into by the EU commissioner for competition.

Iran reformists seek referendum

EU-Digests

Iran reformists seek referendum

"Since millions of Iranians have lost confidence in the electoral process, the Association of Combatant Clerics insist on the organization of a referendum by an independent body," it said in a statement. The association did not specify what question should be put to voters and under the Iranian constitution only the supreme leader Ayatollah Ali Khamenei who presently supports the President Mahmoud Ahmadinejad can organize a referendum. The clerical body also said it supported powerful cleric Akbar Hashemi Rafsanjani, who earlier had made a hard hitting address on Friday criticizing last month's election and the subsequent crackdown on the opposition by the government.

7/19/09

Euro-zone reports May trade surplus

EU-Digest

Euro-zone reports May trade surplus

The EU statistics agency reported the 16 nations that use the euro posted a euro 1.9 billion ($2.68 billion) trade surplus in May as imports fell faster than exports compared with a year ago, the EU statistics agency said Friday. Euro-zone nations, including one of the the world's major exporters Germany, had euro 97.7 billion in foreign sales in May, a 24 percent drop from the same month in 2008. Imports fell faster, by 27 percent, to euro95.8 billion.

southflorida.bizjournals.com: US Economy: Florida ‘a state in deep trouble’

Miami Beach: the party is over


For the complete report from the South Florida Business Journal click on this link

US Economy: Florida ‘a state in deep trouble’

A report of key economic indicators from the Florida Center for Fiscal and Economic Policy's (FCFEP) finds that per person, income growth in Florida has fallen behind the rest of the nation and that the gap in income between the most affluent and those on the bottom rung of the economic ladder is among the widest in the nation – and getting wider. In addition to having one of the nation’s highest unemployment rates – in June, it hit 9.5 percent – many of Florida’s jobs are low paying. The national average annual earnings for all occupations were $42,270 as of May 2008. Florida’s average was almost 10 percent less, at $38,470.

The report noted these signs of trouble: * Florida's population growth, which has driven the state's economy since World War II, is stagnant. * Florida's rate of income growth has fallen to 45th in the country. * The real rate of growth in gross state product – the value of goods and services the state produces – has fallen to 47th in the nation. * With a poverty rate of 12.5 percent, the number of people living in poverty in Florida has increased by 180,000 in one year. * About 1.9 million Florida residents – about one in 10 – receive food stamps. * Foreclosures in Florida have quadrupled over the last three years. In the first four months of this year, new Florida foreclosure filings totaled 198,880, according to RealtyTrac. * Per-capita state government spending is 44th in the nation, and Florida spends proportionately more of its budget on corrections than all but two states and a smaller share on education than most states.

The FCFEP is a Tallahassee-based nonprofit organization that conducts independent research.

DW: Bravo Turkey: History up in smoke as Turkey extends smoking restrictions

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Bravo Turkey: History up in smoke as Turkey extends smoking restrictions

The expression "smoke like a Turk" seems destined for the rubbish bin of history after Turkey introduced Sunday some of the toughest anti-smoking legislation in Europe.
Smoking has been banned from all closed public areas, bars, cafes and restaurants, and even extends to patrons sitting outside cafes. Anyone caught puffing away in a non-smoking area faces an on-the-spot 45-euro fine, while cafe owners face penalties of up to 2,500 euros. Prime Minister Recep Tayyip Erdogan, an avid anti-smoker, has instructed the country's governors to rigorously enforce the ban. He has even called for officials who fail to do so to be punished. The new law is being seen as the final nail in the coffin for one of the country's most ancient traditions.

Note EU-Digest: Bravo Turkey. This is a great example set by Turkey for the rest of Europe where in countries like the Netherlands the Government is now involved in a court case against the earlier announced smoking ban. There is absolutely no argument in favor of smoking in public places or even in the home. It is proven to be bad for your health and can kill you.

Guardian.uk: Who's in charge of US foreign policy? - by Mark Weisbrot

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Who's in charge of US foreign policy? - by Mark Weisbrot

The current stand-off in Honduras, in which the coup government headed by Roberto Micheletti is refusing to allow the return of elected president Manuel Zelaya, is raising questions about who is in charge of US foreign policy for the hemisphere. Divisions have been noticeable from early on in this administration, for example at the summit of the Americas in Trinidad last April. Obama went to the summit with the idea of presenting a new face to the rest of the hemisphere and was immediately undermined by his adviser and director for the summit, Jeffrey Davidow. Fortunately, Obama ignored his advisers and proceeded along a diplomatic path.

When the coup occurred on 28 June, the first statement that came out of the White House was a major blunder. Although the US and international press gave Obama a pass, the diplomatic community could hardly help noticing that the White House issued the only official statement in the world that didn't have a bad word to say about the coup when it happened. Perhaps most disturbing of all is that Obama has remained silent in the face of repression by the coup government. They have shot and killed demonstrators, closed down radio and TV stations and arrested journalists. This week a trade union leader and a political activist were murdered. Violence and the control of information are their main weapons of the dictatorship. They will use them much more freely if Obama maintains his silence. This is not Iran, where denunciations from the US serve to discredit the opposition. This is a government that is highly dependent on the US for aid, commerce and moral support – and that the whole world has condemned.

Mail Online: Special Investigation - The series of mysterious Airbus 330 accidents culminating in tragic loss of Air France Flight 447

For the complete report from the Mail Online click on this link

Special Investigation - The series of mysterious Airbus 330 accidents culminating in tragic loss of Air France Flight 447

Made by Airbus, the giant European company that emerged around the time of Concorde’s development, the twin-engine, wide-bodied A330 is less than five years old. Since 1993, Airbus has received more than 1,400 orders for this plane and its close sibling, the four-engine A340, and there are around 1,000 of them in the sky. Each A330 costs about euro 150 million. ‘From nose to tail, the A330 and A340 incorporate the latest advances in Airbus technology and innovation,’ the company’s website says, adding that they exhibit ‘the best take-off and landing performance in all conditions, as well as high-efficiency flight’. With its human-proof computer systems, it is the most technically advanced aircraft in the world. So why has the Airbus 330's gleaming new fleet been so dogged by technical problems... and disturbing evidence of flawed cabling been so comprehensively ignored?

Company sources insist that the ADIRUs aren’t to blame because QF72 and AF447 used different types. This argument fails to impress the families’ lawyer, Tardivat: ‘We’re looking at the failure of large parts of the system, and there’s no way something like this should happen simply because of a problem with the pitot tubes. We need to look at the software. Was it the same – or very similar – in both planes? So far, Airbus won’t tell us. If it was, the fact that there were different boxes on different planes is no more important than one person using an IBM, another a Dell PC.’ Chris Hounsfield, editor of Aerospace Testing International, points to another possible cause: ‘Airbus crew have told me that their pilots can rely too heavily on an “intelligent” aircraft’s flying ability, and should the “intelligent” systems fail, they may not have had enough simulator training to cope with a sudden “flip” to mechanical systems.’

However, Tardivat and Hounsfield agree that the ultimate problem may lie somewhere else entirely – with the 100-odd miles of insulated wire connecting everything from computers to seat-back televisions. Ed Block, an American air investigator, has long been trying to draw attention to the dangers of some wire types. It was he who found the evidence of the likely cause of the disaster on TWA Flight 800, a Boeing 747 that blew up off Long Island in 1996, killing all 230 on board. He concluded the problem had been short circuits, or arcs, that ultimately led to sparking in the vapour-filled central fuel tank.

Daily News: Rhine 'n' dine: Feasting on sights and delicious food while cruising the storied rivers of Europe - by Fran Golden

For the complete report from the Daily News click on this link

Rhine 'n' dine: Feasting on sights and delicious food while cruising the storied rivers of Europe - by Fran Golden

"Ladies and gentlemen, what would a river cruise be without an accordion?" the emcee asked in a thick German accent. We were on a river ship cruising the scenic Danube - actually more greenish than the "Blue" of Strauss' famous waltz - traveling from Germany to Hungary. Earlier, there had been knock wurst, pretzels and potent beer served on deck, where the views included vineyards. And that's the great thing about river cruising in Europe - the chance to taste local culture and get a closeup view of inland sights, all from the comfort of a floating hotel. River ships carry as many as 300 passengers, and often fewer than 200. And while this is a casual way to travel, you are in no way roughing it - some ships even have flat-screen TVs in the cabins. Food and accommodations, entertainment (like the accordion player) and sometimes tours, too, are included in the cruise fare, adding up to an easy and economical way to see Europe. You visit several places and only have to unpack once. Cruises are offered on the major rivers of Europe, which all tend to be calm and deliver a taste of river life among the sights - kids swimming, people fishing, boats and barges passing by with freight and passengers. This year there are some great deals, with week-long river cruises available from under $1,500 per person. The lowest prices are in fall and spring.

7/18/09

Tourism: The Netherlands - Day Out - Haarlem Is a Lot Like a Small Amsterdam - by Beth Greenfield

For the complete report from the NYTimes.com click on this link

The Netherlands - Day Out - Haarlem Is a Lot Like a Small Amsterdam - by Beth Greenfield

It could be argued that one of the best introductions to Amsterdam actually lies 20 minutes outside of its borders, in the tiny jewel of a city called Haarlem. There, you’ll find bustling global restaurants, smooth-as-glass canals, ornate 17th-century architecture, a thriving bike culture and museums rich with both art and Nazi-resistance history. But in Haarlem, you’ll be able to experience it all in just a single day.“It’s just like Amsterdam, only smaller,” declared Dion Meinhardt, 23, who was cutting hefty golden triangles of aged Gouda for customers at Kaashuis Tromp, a Haarlem cheese shop whose walls are lined with yellow-wax-encased wheels of the local specialty. “It’s more like a village here.”

Make that a highly sophisticated village. Haarlem — accessible by frequent trains from Amsterdam’s Central Station — is home to not one but four must-see museums, the most renowned of which is the Frans Hals Museum.

Globe and Mail: Istanbul: ‘You're seeing the future' - by Carly Weeks

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Tourism - Istanbul: ‘You're seeing the future' - by Carly Weeks

It's just past 11 p.m. on a stifling Friday night when a group of young revelers bursts into song after a mariachi band in a packed bar serenades their guest of honor with a Spanish-flavored rendition of Happy Birthday. Down the street, a velvet rope and well-dressed doormen mark the entrance to a massive nightclub, ready to turn away anyone who doesn't meet the fashionable dress code. Steps away, young people rifle through racks of impressive fashions at high-end boutiques that welcome shoppers until midnight. Yes, this is Istanbul. According to David Judson, the editor of the Turkish Daily News, “it's the most interesting city in Europe on a Friday or Saturday night.” True, only part of Istanbul actually resides in Europe, the rest in Asia. And though it has been anointed the European Cultural Capital for 2010 even though Turkey is not yet a member of the European Union.

defpro.com: First Airbus A330 prepared for conversion to UK’s FSTA Tanker fleet

Airbus A330 Strategic Tanker refueling two Eurofighters


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First Airbus A330 prepared for conversion to UK’s FSTA Tanker fleet

The first Airbus A330 aircraft platform slated for the United Kingdom’s Future Strategic Tanker Aircraft (FSTA) program has arrived ahead of schedule to begin its conversion into a Multi-Role Tanker Transport (MRTT) at Airbus Military facilities in Madrid, Spain. The Royal Air Force (RAF) tanker uses the same basic airframe as Northrop Grumman’s KC-45, which is proposed for the U.S. Air Force’s tanker fleet modernization. EADS North America is a principal subcontractor with responsibility for delivering the KC-45 aircraft platform, which will be produced at a new aviation center of excellence to be built in Mobile, Ala. “This early delivery once again underscores EADS’ ability to provide the most capable platforms to meet the most demanding aerial refueling and airlift requirements of military services worldwide,” said Ralph D. Crosby, Jr., EADS North America’s Chairman and CEO.

The United Kingdom’s FSTA program involves the acquisition of 14 A330 MRTT-based tanker/transports for the RAF. With a service entry planned for 2011, the new aircraft will progressively replace the country’s fleet of aging VC-10 and TriStar refueling aircraft.

Nasdaq: Ireland's Green Party To Campaign In Favor Of EU Reform Treaty

For the complete report from the Nasdaq click on this link

The prospect of the E.U. reform treaty passing its main hurdle to ratification, an October referendum in Ireland, received a boost Saturday when Ireland's Green Party decided to push for a 'yes' vote. The Greens, a junior party in Ireland's ruling coalition, voted by a two-to- one majority to campaign for the Lisbon Treaty, which Irish voters rejected in a first referendum in June 2008, sending shock waves through the bloc. At Saturday's special convention Green Party members voted by 214 (66%) to 107 (33%) in favor of the treaty.

The most recent opinion polls show 54% of Irish voters would now say 'yes' to the Lisbon Treaty. Almost all the other 27 E.U. member states have endorsed the treaty, which is designed to streamline the E.U.'s decision-making, through votes in their national parliaments.Only Ireland is constitutionally bound to put the treaty to a vote. The Czech Republic, Germany and Poland are also still to ratify the Lisbon Treaty but do not have to put the matter to a public election.

Scoop: UN Pact To Expose Europe’s Biggest Polluters

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UN Pact To Expose Europe’s Biggest Polluters

A new United Nations pact is set to blow the cover of Europe’s biggest polluters, according to the world body’s Economic Commission for Europe (UNECE). The UN Protocol on Pollutant Release and Transfer Registers – the first-ever legally binding pact on pollutants – requires countries to report every year on the amounts of certain types of pollutants released in the air or transferred to other facilities by industrial sites as well as smaller, widespread sources such as traffic and agriculture. That information will then be listed on the Internet. The pact – which will enter into force on 8 October, 90 days after France ratified it on 10 July – will help to identify the largest polluters in communities across Europe. Facilities releasing large amounts of greenhouse gases, which amplify global warming, will also be bound by the treaty. Past experience has shown that public disclosure of information on the release of pollutants has driven companies to improve their environmental performance, and the Protocol will give people in the 36 countries and the European Community, which are party to it, a new weapon with which to lobby for a drop in pollution.

The new pact is a protocol to the so-called UNECE Aarhus Convention, or the Convention on Access to Information, Public Participation in Decision-making and Access to Justice in Environmental Matters, which entered into force in October 2001.

the Atlantic: The Atlantic - End the Vice Presidency - by Matthew Yglesias

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US Politics - End the Vice Presidency - by Matthew Yglesias

"The job was initially conceived as a consolation prize for the second-place finisher in presidential balloting, a scheme that almost immediately led to disaster, in the wake of the 1800 election. Thus we got the Twelfth Amendment, turning the VP into a powerless second banana, usually put on the ticket to provide regional “balance.” But recent decades have seen an effort, beginning in the Carter-Mondale administration and gathering steam during the Clinton-Gore years, to bestow some real powers on the veep. This trend reached its logical conclusion in the Dick Cheney era, which demonstrated that vesting vast, undefined power in a man who has little constitutional or statutory authority is even worse than paying someone a salary to do nothing.Given that the office is at best worthless and at worst a threat to the republic, why don’t we simply get rid of it? Obviously, having someone ready to take over in the event of a president’s death is a necessity. Few roles could be more important. It’s just not a full-time job. Let the secretary of state, or some other designated member of the Cabinet, shoulder the responsibility; we’d save the taxpayer a few dollars and spare the nation the absurd quadrennial spectacle of VP speculation, all at the cost of eliminating an office no one respects—and one whose occupant, ideally, does nothing at all."

7/17/09

Cafebabel: Pierre Schellekens: ‘EU is partnership of member states, not rule of the strongest' - by Guy Dammann

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Pierre Schellekens: ‘EU is partnership of member states, not rule of the strongest' - by Guy Dammann

"The EU has moved on a broad range of areas: we have taken international leadership on climate change, strengthened our common foreign and security policy, further deepened economic integration and established the groundwork for a common energy policy. Undoubtedly, some of these are indirectly linked to the fight against international terrorism. But they primarily spring from the knowledge that closer EU co-operation would benefit Europe politically and economically."

''The 9/11 attacks, didn't mark a watershed in EU history''The EU is a partnership of member states, not the rule of the strongest. Time and time again, the history of European integration teaches us that when a member state or an institution has a constructive idea, is able to build alliances around it and has a clear strategy, it can set the agenda and take far-reaching initiatives.

Rafsanjani speaks out against Iranian regime's handling of post-election turmoil

EU-Digest

Rafsanjani speaks out against Iranian regime's handling of post-election turmoil

Today Rafsanjani, one of Iran's most powerful clerics, attacked the Iranian government for its handling of protests and unrest that followed the disputed presidential election result. The situation in Iran is extremely tense, because even as Rafsanjani made his comments, police fired teargas and attacked thousands of opposition supporting demonstrators with batons to try and disperse them.

A vast crowd of mostly opposition supporters and some government supporters had packed the prayer hall and shouted competing slogans. Pro-government hardliners chanted "death to America", while opposition supporters countered with "death to Russia", referring to the Iranian government's ties to Moscow. Most of the pro-reform worshipers had green headbands, wristbands and prayer rugs in green – the color of the opposition movement.

Mousavi attended the Friday prayers for the first time since the election. During Rafsanjani's sermon, the crowd inside the hall at Tehran University could be heard chanting, not only inside, but also outside and even via the state radio, "Mousavi, Mousavi, we support you." Tonight the situation remains extremely tense in Teheran were earlier at least 15 people were arrested, including a well known women's rights activist.

Canada.com: Soccer - Beckham eyes another half-year loan in Europe

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Soccer - Beckham eyes another half-year loan in Europe

David Beckham says he expects to find another half-year loan deal ahead of the World Cup next year to keep himself in England manager Fabio Capello’s plans for the tournament in South Africa. Beckham spent the Major League Soccer (MLS) off-season — and the first part of this current season — on loan at AC Milan in Italy and said he hoped to find a similar arrangement next year. "Leading up to the World Cup, the England manager has made it very clear to me that I need to be playing at a European level," Beckham told reporters ahead of his return match for LA Galaxy against rivals New York Red Bulls.

MSN Money: The US-China Ponzi scheme - by John Markman

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The US-China Ponzi scheme - by John Markman

Imagine becoming so successful at your job that you stack up $2 trillion in income, which you conservatively place in short-term U.S. Treasury bonds for safekeeping. Now imagine that when you try to cash in those bonds to buy a few things for your kids, the clerk at the bank abruptly shuts her window and tells you to go away.That is essentially the situation faced by China these days as it wonders whether its plan to manufacture goods for U.S. consumers over the past two decades in exchange for a pile of credit slips was really such a hot idea.

The answer is coming up as a big, fat "uh-oh" as the U.S. deficit and debt obligations balloon to levels never before contemplated, and Beijing is denied requests to buy U.S. and Australian mines and oil properties. And as Beijing leaders talk openly, if obliquely, about their angst, they are unsettling world credit, currency and stock markets, which don't know what to make of the idea that the world's largest Ponzi scheme might be coming to an abrupt end. This is a good time to assess the chilling possibilities, as the resolution of this pending crisis will afflict investors, workers and business owners alike.

ecorazzi.com: The Yes Men Release Toxic Bottled Water, Slam Dow Chemical

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The Yes Men Release Toxic Bottled Water, Slam Dow Chemical

The Yes Men — those mischievous impersonators who expose corporate evildoers — are ramping up their efforts to draw attention Dow Chemical’s environmental greenwashing with the release of a new bottled water: B’eau-Pal. From the official description: "The unique qualities of our water come from 25 years of slow-leaching toxins at the site of the world’s largest industrial accident. To this day, Dow Chemical (who bought Union Carbide) has refused to clean up, and whole new generations have been poisoned."

To coincide with the 25th anniversary of the disaster at Bhopal, a new study has been released showing that local groundwater, vegetables, and breast milk are contaminated by toxic quantities of nickel, chromium, mercury, lead, and volatile organic compounds. The study also shows how numerous children living nearby have suffered ailments related to the contamination.

The Yes Men designed their unique bottled water to draw attention to Dow Chemical’s B.S. greenwashing when it comes to advocating for clean water around the world — but failing to do anything about it in their own backyard. “Since Liveris (Dow CEO) earns $16,182,544 per year, he could give each of the children who die worldwide for lack of clean water $10 per day to buy Evian, Fiji Water, or Perrier,” said Mike Bonanno of the Yes Men. “Or, for vastly less money, he could build them clean-water pipelines, like the ones that Bhopal so badly needs.”

Note EU-Digest: to see the Yes Men's latest Internet advertisement about the Bhopal disaster click on this link. If you don't believe everything your government or corporations are telling you and want to know more about how you can expose some of the lies you are being told you might want to look into what the Yes Men Organizationmight mean for you.

7/16/09

DW: Merkel meets Medvedev for talks on trade and human rights - by Neil King

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Merkel meets Medvedev for talks on trade and human rights - by Neil King

German Chancellor Angela Merkel met Russian President Dmitry Medvedev on Thursday for talks dominated by their countries' growing economic ties. The two leaders also addressed the touchy topic of human rights.The two governments also signed a slew of economic partnership deals, including a 500-million-euro ($357 million) credit agreement. The agreements included a joint declaration on energy cooperation and an agreement between Russian Railways and Siemens to establish a joint venture to produce locomotives. In addition, Frankfurt airport operator Fraport is to participate in the expansion of the airport in St Petersburg. The two leaders did not comment on news reports that Russian oil giant Gazprom is interested in a takeover of bankrupt German shipyards in the northern cities of Wismar and Rostock.

Yahoo/AP: Iceland's parliament backs applying for EU membership

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Iceland's parliament backs applying for EU membership

Iceland's parliament voted in favor of applying for EU membership on Thursday in the wake of its economic meltdown, opening the way for negotiations to begin with the 27-nation bloc. A total of 33 members of the 63-seat Althingi backed the governing Social Democrat party's proposition to open membership talks with Brussels, while 28 voted against and two abstained. Five members of the Left Green party, the Social Democrats' partner in the coalition government, rejected the proposition, including Jon Bjarnason, the minister of agriculture and fisheries.

Swedish Prime Minister Fredrik Reinfeldt, whose country currently holds the rotating EU presidency, said in a statement: "I welcome that the Icelandic parliament has now decided for itself to apply for EU membership. "The application is going to be handled according to the (European) Council's established procedures," he added. Under those procedures, Iceland will make its application to the Swedish EU presidency, which in turn will ask fellow EU members if there are any objections to the North Atlantic island joining. If countries agree, the European Commission will then be asked to report on whether Iceland should become an official candidate.

Haaretz.com: Israeli Defense official: "Israel readying for attack on Iran" - by Amos Harel, Anshel Pfeffer and Jack Khoury

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Israeli Defense official: "Israel readying for attack on Iran" - by Amos Harel, Anshel Pfeffer and Jack Khoury

"Israel's recent deployment of warships across the Red Sea should be seen as serious preparation for an attack on Iran, an Israeli defense official told the Times of London on Thursday.Earlier this week, two Israel Navy gunboats openly sailed through the Suez Canal into the Red Sea. The ships that passed through the Suez Canal on Tuesday were two Sa'ar 5 gunboats, the Hanit and the Eilat. This follows a similar incident in late June, when an Israeli Dolphin-class submarine passed through the canal, later returning the same way. Egyptian Foreign Minister Ahmed Aboul Gheit confirmed the crossings and said that Cairo's agreements with Jerusalem permit Israeli military ships to transit the canal. He declined to speculate on whether the voyage was meant as a warning to Iran or anyone else.

Israel has an interest in a naval presence in the Red Sea for two reasons: the effort to halt arms smuggling from Iran to the Gaza Strip - which, according to international media reports, mainly takes place by sea from Iran to Sudan, and then overland via Egypt, and the effort to bolster its deterrence against Iran in the event of a direct conflict breaking out." Note EU-Digest: this is sensationalist reporting, because in reality Israel would certainly not carry out open naval activities if it was planning to attack another country or carry out surveillance activities. So the above report seems to be mainly for the purpose of intimidation and seems to be in-line with recent statements made by the US State Department.

The Complete Rembrandt, Life Size - in Amsterdam


EU-Digest

The Complete Rembrandt, Life Size - in Amsterdam

Amsterdam: Rembrandt’s birthday(403)anniversary was celebrated yesterday with a grand breakfast in the Rijkmuseum gardens. Everyone was welcome. There was white bread with herring, Rembrandt’s favorite snack, but also coffee and a huge birthday cake. At 7.00 a.m., the first "early birds" arrived and at 8.00, Mr. Frank Heemskerk, Minister for Foreign Trade, awarded the Rijksmuseum Partner Prize to to the Canal Company for being an outstanding corporate ambassador to the Rijksmuseum.

For the first time in its history Rembrandt’s complete oeuvre will be on show. By making use of the latest digital techniques all 317 paintings, 269 etches and the most relevant of Rembrandt’s drawings can be marveled at. Even mutilated and lost works have been reconstructed for this exhibition. This unique overview has been compiled by Prof Dr Ernst van de Wetering, head of the renowned Rembrandt Research Project. A collection of originals would amount to a maximum of 50 works. Rembrandt was an extraordinary painter and each of his paintings is considered exceptional. His oeuvre requires to be seen in its entirety. The Complete Rembrandt, Life Size gives the visitor the unique opportunity to experience this impressive and majestic oeuvre in one setting. The exhibit at the Rijksmuseum opened July 5 and will remain open till September 6, 2009.

Bloomberg.com: EU Has ‘Doubts’ About ING’s Risk Transfer Plan - by Matthew Newman and Martijn van der Starre

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EU Has ‘Doubts’ About ING’s Risk Transfer Plan - by Matthew Newman and Martijn van der Starre

ING Groep NV, the biggest financial services company in the Netherlands, must overcome “doubts” from European Union regulators that its risk-transfer plan with the Dutch government on mortgage assets complies with EU rules. The European Commission said the Dutch government, which accepted a transfer of risks and cash flows on 21.6 billion euros ($30.1 billion) of mortgage assets from ING, may have overvalued the portfolio. “The commission considers at this stage that it can not dispel its doubts that the approach taken by the independent expert appears to lead to an overvaluation of the portfolio and to an overestimation of the benefit to the Dutch State,” the EU said July 11 on its Web site. The commission gave temporary approval for the Dutch measure on March 31.

The commission said it has doubts about the discount rates used to calculate the cash flows to ING, the house price assumptions that underlie the portfolio’s U.S. mortgages and other valuation methodologies used to assess the real economic value of the illiquid assets that are part of the transaction. ING, which traces its roots to 1743, plans to raise as much as 8 billion euros selling assets, it said in April. The company, which also received a 10 billion-euro lifeline from the Netherlands in October, will sell as many as 15 businesses and exit about 10 of the 48 countries in which it operates.

7/15/09

Why Turkey Must Get In

Soner Cagaptay on Turkey's EU Accession | Newsweek World | Newsweek.com:

"Why Turkey Must Get In

Its EU entry is good for France.
Published Jul 15, 2009
From the magazine issue dated Jul 27, 2009

Twenty-two countries have negotiated for European Union membership in its history, and all were ultimately offered ac-cession. But French President Nicolas Sarkozy has long blocked Turkey's entry into the EU, and his objections are no symbolic snag. France is a key EU country, and Paris's veto has frustrated Turkey's EU hopes. Sarkozy's veto has become a new Maginot Line, the futile and antiquated fortifications France built to defend itself."

Space Daily: UN's "outer space people" tackle asteroids, climate change

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UN's "outer space people" tackle asteroids, climate change

They call them the "people in outer space". But besides stopping extra-terrestrial arms races, this tiny UN office has very down-to-earth goals: to help poor countries develop crops and help manage natural disasters. Overshadowed by its larger UN siblings -- like the World Health Organisation, the nuclear watchdog IAEA or the refugee agency UNHCR -- the Office for Outer Space Affairs (UNOOSA) and its 27 employees sits almost forgotten in the vast hallways of the United Nations headquarters in Vienna. "If we do make contact with aliens, who do you think should be representing mankind?" jokes UNOOSA director Mazlan Othman.

ESPN: Mark Cavendish sprints to second straight stage win at Tour de France; Lance Armstrong still third

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Mark Cavendish sprints to second straight stage win at Tour de France; Lance Armstrong still third

Mark Cavendish won the 11th stage of the Tour de France on Wednesday, Rinaldo Nocentini of Italy held onto the yellow jersey and Lance Armstrong remained third overall. Cavendish sealed his second straight stage win and fourth of the Tour. The British cyclist finished about half a bike length ahead of American Tyler Farrar in a sprint finish on a flat stage.Cavendish will defend the green jersey on another flat stage Thursday before the race heads into a medium mountain stage on Friday.

Business Standard: Obama invites Netherlands for Sept G20 meeting - by Lalit K Jha

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Obama invites Netherlands for Sept G20 meeting- by Lalit K Jha

US President Barack Obama has invited Netherlands to participate in the forthcoming G-20 summit to be held in the US.The meet is to take place at Pittsburg in Pennsylvania on September 24-25. The invitation was personally extended by Obama to the visiting Dutch Prime Minister Jan Peter Balkenende, when the two leaders met at the White House yesterday. The invitation was readily accepted by Balkenende. "I extended my personal invitation to the Prime Minister to participate in the next G20 summit in Pittsburgh, because we think that the Netherlands not only is one of the world's largest economies and most active internationally, but the Prime Minister has very specific expertise and experience in working with a whole range of world leaders and I think his contribution will be greatly appreciated," Obama told reporters later.

The Dutch Prime Minister said the two leaders are convinced that it's important that they are talking about not only the financial crisis, but also about the Millennium Development Goals, about the issue of energy, climate change. "So the Copenhagen summit must be successful. And therefore, it's important that we'll have a very successful meeting in Pittsburgh. And I want to thank you very much for the invitation to be there," he said.

Bloomberg: Serbia, Montenegro, Macedonia Win EU Visa-Free Travel - by James Neuger

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Montenegro, Macedonia Win EU Visa-Free Travel - by James Neuger

The European Union proposed visa- free travel for citizens of Serbia, Montenegro and the Republic of Macedonia, extending some benefits of its common market to the Balkans. Citizens of the three will be able to enter most of the EU without visas once EU governments give approval. Passport holders from three neighboring Balkan countries -- Bosnia- Herzegovina, Albania and Kosovo -- will still need visas. “We know how much visa-free travel means to the people of the western Balkans,” EU Enlargement Commissioner Olli Rehn told a Brussels press conference today. “European integration is not only a matter of integrating nations, but also peoples and citizens.”

The move gives a fillip to EU entry hopes of Balkan countries, which have been stunted as the EU grapples with the economic crisis. Serbia, the largest ex-Yugoslav republic, has had its bid for closer ties blocked by the Netherlands, while Greece is barring the way for Macedonia.

Iceland wants to join EU if Icesave bill is thrown off the table

EU-Digest

Iceland wants to join EU if Icesave bill is thrown off the table.

Iceland's parliament moved into the final stretch of marathon debates on Wednesday over starting accession talks the European Union. If approved, the government motion would pave the way for an application to be sent to Brussels later in July, giving the coalition of the pro-EU Social Democrats and more EU-skeptical Left-Greens the go-ahead to negotiate an accession deal. "This is the best thing we can do to give the nation a future vision. I hope my colleagues will take note of the national interest when they vote this afternoon," Social Democrat MP Skuli Helgason told parliament.Observers say the Social Democrats, who hold 20 seats to the eurosceptic Greens 14 in the 63-seat parliament, could get two other pro-European parties, the Citizen Movement and the Progressive Party, to back their resolution.

EU-Business: Eurozone prices fall: EU data agency — EUbusiness.com - business, legal and economic news and information from the European Union

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Eurozone prices fall: EU data agency

Consumer prices in the 16 euro countries fell in June for the first time on record, official EU figures showed on Wednesday. The European Union's Eurostat data agency said that 12-month inflation in the eurozone fell 0.1 percent, the lowest rate on records going back to 1996 and down from 0.0 percent in May, confirming an estimate from June 30. After hitting a record high point of 4.0 percent in June and July 2008, eurozone inflation has fallen sharply as oil and other commodity prices have collapsed in the face of a dire economic downturn.

MSN Money: U.S. economy's fate in Saudi hands - by Jim Jubak

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U.S. economy's fate in Saudi hands - by Jim Jubak

Saudi Arabia is running the U.S. economy.

"I'm not sure the Saudis want the task, but they've got it. Because the United States still doesn't have a national energy policy, we've thrown decisions about how fast our economy grows and whether our standard of living rises or falls into the hands of Saudi Arabia's oil ministry. That's risky, since the economic self-interest of Saudi Arabia and the United States aren't always aligned, and because keeping the fractious and often dysfunctional governments of the world's oil producers on the same economic course is a whole lot harder than building consensus among the governors of the Federal Reserve.

Channel 4 News: Blair backed as Europe's president

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Blair backed as Europe's president

Europe minister Glenys Kinnock has reinforced speculation that Tony Blair wants to be Europe's first president. She said the entire British Government fully supported Mr Blair's "candidature" although the former prime minister has refused to confirm that he is bidding for the post. There is no official list of contenders for a new Euro-job which will only exist if the Lisbon treaty is fully approved and ratified by all EU countries.

Note EU-Digest: Apart from Britain and probably a few other countries in the EU, there is no wide spread support for Mr. Blair's candidature among other EU member states.

Market Watch: GM Europe sales slump amid uncertainty

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GM Europe sales slump amid uncertainty

Sales of General Motors cars slumped in Europe during June, even as the broader auto market improved for the first time in 14 months, data released on Wednesday showed. Europe-wide, auto sales rose 2% in June, the ACEA trade association reported, as incentives to scrap old cars and buy new ones have spurred demand. Car sales in Germany jumped 40% and Italian sales rose 12%, even as those two export-oriented economies are continuing to be mired in recession.

7/14/09

TheStar.com : France marks Bastille Day with traditional pomp - by Deborah Seward

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France marks Bastille Day with traditional pomp - by Deborah Seward

President Nicolas Sarkozy opened the traditional Bastille Day military parade to Indian and German troops today, as France looks to expand its global military influence and strengthen strategic partnerships. French forces marched with precision down the Champs Elysees along with Indian troops in colorful uniforms and German soldiers in sober dress.Attack jets in tight formation roared across blue skies overhead to the delight of thousands of cheering onlookers.

Sarkozy and his wife, Carla Bruni-Sarkozy, greeted children who were treated in France for wounds received in wars and conflicts overseas, and also paid tribute to French troops serving with other NATO troops in Afghanistan. "I told President Obama that we would help because this country (Afghanistan) must regain the conditions of its freedom. We are not going to let the Taliban cut off the hands of little girls because they put on nail polish," Sarkozy said.

The German troops marching in today's parade, under the review of German President Horst Koehler, were part of a joint brigade deployed in the eastern French city of Strasbourg. As part of France's return to the NATO command structure this year after a 43-year absence, France welcomed the German troops into the Strasbourg brigade

BBC NEWS: Europe's new space truck takes shape

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Europe's new space truck takes shape

"It's clear from space history that often it was not the prototype that experienced the problems; it was the mission that came later. That's why specific attention has to be paid to what we do now." Nico Dettmann is in charge of producing the European Space Agency's (Esa) next space freighter. He knows the near-flawless maiden voyage of the Automated Transfer Vehicle (ATV) last year does not mean the second flight is guaranteed to turn out the same way. Attention to detail is everything. The follow-up ship - dubbed Johannes Kepler - is slowly being assembled. Its propulsion and avionics units are being prepared in Bremen, Germany. Its pressurised module which will hold the cargo - air, water, scientific equipment, food, and clothing - to be taken to the space station is being built in Turin, Italy. The various segments should come together in September, into a single line of assembly that will lead to a launch in November 2010. Thereafter, ATVs will fly every year for three years.