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Tuesday, November 15, 2011

Castro says Israel attack on Iran to unleash ‘bloody’ war; EU balks at military option

An attack by Israel on Iran would likely lead to a “bloody war with incalculable global consequences,” Cuba’s former potentate Fidel Castro said in a newspaper article, as the European Union showed little appetite for military action.
“A bloody war would inevitably be unleashed. There is no doubt about that,” Castro wrote in a commentary published in Cuba’s state-run newspapers.

The 85-year old former president, who formally handed the reins of power to his younger brother Raul nearly five years ago following a health crisis, maintained that any Israeli act of war toward Iran would be vastly more serious than past military operations against Iraq and Syria “given (Tehran’s) ability to wage war, the number of its inhabitants, and the size of the country.”

Israel in recent weeks has warned Tehran of possible military strikes against its nuclear sites, and fears of such an attack have increased following the release last week of a U.N. nuclear watchdog report accusing Tehran of working to develop nuclear warheads to fit inside its medium-range missiles.

But Castro warned that the report by the International Atomic Energy Agency would “bring the world to the edge of nuclear” war.

He added in the article published on Sunday that “Israel has a large number of nuclear weapons and the ability to have them reach any point in Europe, Asia, Africa and Oceania.”

Castro, in the article entitled “Genocidal Cynicism,” wrote that “NATO has scarcely concluded operations last month in Libya” but already appears to be on the war path with its sights set on Iran.

He also railed against the “Yankee Empire,” a favorite epithet for the United States, which he accused of plotting in concert with Great Britain and Israel to wage war against Iran.

The Islamic republic has long rejected Western and Israeli allegations that its nuclear program is geared toward military objectives, saying its activities are solely civilian.

European Union foreign ministers threatened on Monday to tighten sanctions on Iran over its controversial nuclear drive but showed little appetite for military action.

French Foreign Minister Alain Juppe warned after talks with European Union counterparts that a military intervention “would be the worst thing and it would drag us into an uncontrollable spiral.”

German Foreign Minister Guido Westerwelle said too that military action would be “counter-productive.”

But British Foreign Secretary William Hague said all options should remain on the table.

Asked to comment on talk of a strike against Iran, Hague said: “We are not considering that at the moment. We are not calling for or advocating military action. At the same time we say all options should remain on the table.”

Dutch Foreign Minister Uri Rosenthal, when asked about possible military action, also said: “I don’t exclude any options.”

In a statement, the 27 EU ministers voiced “increasing concerns” over Tehran’s program and the lack of progress on the diplomatic front, a week after the U.N. atomic watchdog cited “credible” intelligence suggesting Iran carried out work towards building nuclear warheads.

“We urge Iran to address the international concerns over the nature of its nuclear program through full cooperation with the IAEA and by demonstrating readiness to engage seriously in concrete discussions on confidence-building steps,” the ministers said.

Warning that Iran was in breach of international obligations, the ministers said that they would “examine possible new and reinforced measures” when they are next due to meet next month.

“It is clear that the IAEA report shows that Iran is making progress in its project to build a nuclear weapon. It is a major danger for the stability if the region and the world,” Juppe said.

The French minister mistakenly told reporters the EU would ask the European Investment Bank to freeze loans to Iran. His entourage later said Juppe had confused Iran with Syria. The EU had earlier agreed to impose such a sanction on Syria.

Swedish Foreign Minister Carl Bildt also opposed military action, saying “some hype” was built around last week's IAEA report.

“I don’t think any military response is justified or called for. We have to solve this by diplomatic means,” Bildt said.

EU foreign policy chief Catherine Ashton is representing six world powers -- Britain, China, France, Germany, Russia and the United States -- in stalled talks with Iran aimed at convincing Tehran to freeze nuclear activities.

Ashton told reporters she was still waiting for a response from Iran on her letter offering to resume talks, but that negotiations had to take place “absolutely in the spirit we proposed.”


Nationalisation of corporate losses.

The Prime Minister joined the chorus in reiterating that corporations in crisis, like Kingfisher should be helped by the govt. It’s an irony in a country where a huge majority lives below the poverty line, farmers commit suicide & foodgrains rot while inflation runs riot. The PM heads a govt. dedicated to privatise the entire economy & work towards ‘zero’ govt. spending. While, Kingfisher Air, run by the flamboyant & irresponsible Vijay Mallaya, has been driven to near bankruptcy, the Congress led UPA govt. has, with unusual alacrity rose as its white knight. Mallaya, who represents the worst case of conflicting interests in being a parliamentarian & using it to further the fortunes of his business interest, had rushed to the Aviation minister, Valayar Ravi, who was quick to provide him succor & said that the FM would speak to the banks & ask them to bail out Kingfisher.
The banks nudged into saving Kingfisher have come together & decided to take complete control & ring-fence the cashflows. They will put a mechanism where all the earnings will flow into a single account, which will be closely tracked to avert defaults.
While data around the world over the 2 decades have shown that the aviation industry can only survive as a low cost & highly efficient run business, Mallaya chose to go against it, his profligacy subsidized by the ministry in providing profitable routes, PSU banks rolling over his loans, inspite of increasing risk, till it hit rock bottom. Now, this cry for the govt. to bail it out, when the private sector has been all for ‘zero’ govt in business, smacks of the inherent duplicity. In fact, the airline should be investigated for financial irregularities, non-payment of dues to the oil companies, inspite of getting its revenue in full & in advance from its customers.
CPI (M) slammed the central govt. & the private sector for encouraging this nationalization of losses. They further pointed out the impropriety in assuming that the FM could dictate to banks on their business decisions.

Monday, November 14, 2011

Arab League suspension ‘dangerous step,’ Libya scenario will not be repeated: Syria

Syrian Foreign Minister Walid al-Muallem said on Monday that an Arab League decision to suspend his country’s membership was “an extremely dangerous step,” adding that the scenario of Libya will not be repeated in Syria.

“The decision of the Arab League to suspend Syria ... represents a dangerous step,” Muallem told a packed news conference in Damascus.

“Today there is a crisis in Syria which is the price it has to pay for ts strong positions. Syria will not budge and will emerge stronger ... and plots against Syria will fail,” said the minister.

Muallem also told a televised news conference that Washington’s welcoming of the Arab League decision amounted to “incitement.”

He said Saturday's near-unanimous vote at the Arab League’s headquarters in Cairo was an illegitimate decision prompted by American incitement.

“We wanted the role of the Arab League to be a supporting role but if the Arabs wanted to be conspirators, this is their business,” he told a press conference in Damascus that betrayed his country’s deep concern over the decision.

The vote to suspend Syria put Damascus in direct confrontation with other Arab powers, including Qatar and Saudi Arabia, who were pushing for the suspension. The vote constituted a major boost for the Syrian opposition.

Syrian President Bashar Assad asserts that extremists pushing a foreign agenda to destabilize Syria are behind the country’s unrest, rather than true reform-seekers aiming to open the country’s autocratic political system.

Muallem repeated his invitation for Arab League officials to visit Syria this week to oversee implementation of an Arab League plan for ending the bloodshed.

Syria also has called for an Arab summit to discuss the country’s spiraling political unrest. But critics say that is another possible bid by Assad to buy time as he faces snowballing punitive action over a crackdown that the U.N. estimates has killed more than 3,500 people since mid-March.

Muallem said “Libya scenario will not be repeated” in Syria despite the Arab League’ suspension on account of the stance taken by China and Russia . He said the two U.N. veto-wielding countries will not change their positions on Syria at the U.N. Security Council after the Arab League's decision.