Posts Tagged ‘deal’
Yemen close to transition of power deal: minister (Reuters)
Last Updated on Monday, 4 April 2011 04:12 Written by admin Saturday, 26 March 2011 06:17
SANAA (Reuters) – Yemen’s President Ali Abdullah Saleh said on Saturday he was ready to phase down if permitted a dignified departure, but the opposition accused him of maneuvering to maintain on to power.
Previously Foreign Minister Abubakr al-Qirbi informed Reuters a deal to transfer electrical power peacefully could emerge shortly based mostly on an supply by Saleh to stop by the conclude of the 12 months. But a offer did not appear imminent given that federal government opponents had hardened their demands.
“I could depart electrical power … even in a few hrs, on condition of sustaining dignity and prestige,” Saleh told Al Arabiya Tv, incorporating that he would continue to be in cost of the ruling get together even if stood down.
“I have to get the region to risk-free shores … I’m holding on to energy in purchase to hand it more than peaceably … I’m not seeking for a residence in Jeddah or Paris.”
Yemen, a poor and tribally divided nation, that has turn into a base for al Qaeda following to the world’s top oil producer Saudi Arabia, has been in upheaval considering that January when the example of the Tunisian and Egyptian revolutions set off well-liked demonstrations to end Saleh’s 32-12 months rule.
Talks have been under way on two tracks to hash out the specifics of a deal on a peaceful transition of electrical power.
But the leader of Yemen’s opposition coalition explained the sides nonetheless had important variations, and that while there have been some contacts he did not consider them as negotiations.
“We nevertheless have a really massive gap,” mentioned Yassin Noman, the rotating head of Yemen’s opposition coalition. “I think he (Saleh) is maneuvering.”
Yemeni political resources stated some problems that could hold up a offer had been regardless of whether the opposition would give guarantees not to pursue Saleh and his family members legally. Saleh opponents also want to be confident his near family members depart positions of power.
“I hope it (agreement) will be right now, before tomorrow,” Qirbi advised Reuters in an interview, adding that the time frame of a transfer of energy could be negotiated.
Saleh, who oversaw the 1990 unification of north and south Yemen and emerged victorious from a civil war 4 years later, advised tribes in Sanaa on Saturday that he would “work to avoid bloodshed employing all feasible implies.”
“President Saleh is ready to appear at all choices, as prolonged as there are really critical commitments by the JMP (opposition) to arrive and initiate a severe dialogue involving them and the ruling celebration,” Qirbi mentioned.
But an opposition leader cast doubt on prospective customers for a swift accord and a Sanaa diplomat cautioned it was as well soon to discuss an end result, stating it could “go both way.”
Qirbi mentioned discussions have been focusing on the time frame of a transition, amongst other problems. “I think the time period of time is some thing that can be negotiated. It should not be truly an obstacle to achieve an agreement.”
“I assume points are very close if the true intention is truly to attain an agreement. But if there are parties who want to obstruct it then of program one particular can not predict.”
Saleh, speaking to Arabiya tv, confirmed that meetings had taken spot in the past two days that included a discussion about a presidential deal with to parliament.
“There was a meeting yesterday and the day before … to discuss approaches to conclude the crisis,” Saleh informed Arabiya.
Saleh stated the U.S. ambassador was existing at talks in the previous two days and that he would welcome Saudi or Gulf mediation.
But he was scathing about the opposition, who he stated had been generally socialists and Islamists hoping to seize power on the back again of the youth protest motion.
“They are a minority. They can organize a march of 20,000 men and women? I can get two or three million. How can a minority twist the arm of the vast majority?” he stated.
OPPOSITION SAYS Differences Remain
Saleh has responded to the mass protests with a violent crackdown and a sequence of concessions, all rebuffed by opposition events, like one particular this week to transfer electrical power following the drafting of a new constitution and parliamentary and presidential elections by the stop of the year.
Western nations are concerned that al Qaeda militants could take advantage of any energy vacuum arising from a rocky transition if Saleh, a U.S. and Saudi ally fighting for his political existence, steps down following 32 decades in office.
Washington and Riyadh, Yemen’s main monetary backer, have prolonged observed Saleh as a bulwark from al Qaeda in the Arabian Peninsula (AQAP), which has tried to stage attacks beyond Yemeni soil considering that 2009 in both Saudi Arabia and United States.
The tide versus Saleh appears to have turned right after plainclothes snipers loyal to the president fired into an anti-authorities crowd, killing 52 individuals on March 17.
That led to a sequence of defections that eroded Saleh’s place like by leading military commanders this kind of as General Ali Mohsen, as properly as ambassadors, lawmakers, provincial governors and tribal leaders, some from his personal tribe.
Saleh explained the defections arrived mainly from between Islamists of the Muslim Brotherhood and some had returned to his facet. He stated Mohsen had been acting emotionally simply because of Friday’s bloodshed but that protection forces had been not behind the fatalities.
“It was 41 folks (who died), I heard. Their identification is mysterious … The Yemenis are snipers, they are all snipers, all trained in weapons,” he joked on Al Arabiya. “A group has been arrested. They are currently being investigated and will face justice.”
(Further reporting by Mohamed Sudam and Andrew Hammond Producing by Andrew Hammond, editing by Diana Abdallah)
Tags: Close, deal, Minister, Power, Reuters, transition, Yemen | Posted under World | No Comments
South Korea upbeat on resolving US trade deal soon – Reuters
Last Updated on Friday, 12 November 2010 06:27 Written by admin Friday, 12 November 2010 06:27
By Jack Kim
SEOUL |
Fri Nov 12, 2010 7:10am EST
SEOUL (Reuters) – South Korean officials struck an upbeat note on Friday that discussions to iron out U.S. concerns about a free trade deal they signed three years ago would conclude soon despite missing a deadline set by their leaders.
But there was also concern that outstanding differences on the autos and beef trade that hampered progress on the deal could take months, if not another several years, to resolve.
“I can tell you … that the differences have been narrowed through the tireless discussion at various levels, and we are very hopeful of resuming talks and reaching a mutually agreeable resolution within the next few weeks,” South Korea’s ambassador to the United States, Han Duk-soo, told Reuters.
The two sides failed to revive the stalled deal on Thursday when their leaders met on the sidelines of a G20 summit in Seoul, dealing a setback to a longstanding effort to boost trade.
The deal, if ratified by the two countries’ assemblies, would be one of the largest free trade pacts ever and the largest signed by the United States since the North American Free Trade Agreement that went into effect in 1994.
Studies said the deal would boost the $ 66.7 billion annual two-way trade by as much as a quarter. South Korea’s automakers stand to gain with much greater access to the U.S. market.
U.S. farm products and machinery are also expected to be winners.
Trade envoys meeting since last week could not conclude negotiations to resolve U.S. industry and lawmakers’ concerns that the deal does not do enough to open South Korea’s market to U.S. autos and beef.
At the end of the G20 summit and ahead of his short flight to the fourth leg of his Asia tour, Japan, Obama said he wanted to get the deal right and the two sides were close to it.
“I am not interested in an announcement and then an agreement that doesn’t produce results for us. We’ve had a lot of those in the past,” he told reporters.
“Understandably, I think there’s a lot of suspicion that some of these trade deals may not be good for Americans. I think this one can be.”
The concerns raised by U.S. lawmakers have been the primary reason holding up deliberation by U.S. Congress.
South Korea’s parliament has introduced the bill to the floor but discussions had stalled pending movement in the U.S. Congress. There is a broad support for the deal in President Lee Myung-bak’s ruling Grand National Party, which controls the unicameral house.
BEEF POTENTIALLY EXPLOSIVE
Assistant U.S. Trade Representative Wendy Cutler met South Korea’s chief free trade negotiator on Friday in a three-hour session seen as coordinating discussions in weeks ahead.
EU ready to deal with any Irish aid request – Reuters
Last Updated on Thursday, 11 November 2010 11:26 Written by admin Thursday, 11 November 2010 11:26
By Gernot Heller and David Chance
SEOUL |
Fri Nov 12, 2010 12:31am EST
SEOUL (Reuters) – Leaders from Britain, Germany and France held emergency talks at the Group of 20 leaders meeting after panic selling of Irish debt that has put its bond spreads out to a record over Germany, infecting Spain and Portugal.
German Finance Minister Wolfgang Schaeuble castigated investors who fear that Ireland may become the first euro zone country to default, saying they had failed to understand European Union support mechanisms that a country could call on.
“It is up to every EU country to apply for help, if they need it,” he told a press conference on Friday in Seoul.
So far Ireland has not requested financial aid, the European Union said on Thursday.
Europe’s latest round of sovereign debt jitters has forced its way onto the agenda of leaders and policymakers gathered in South Korea for the summit, which wraps up later on Friday.
“I spent a bunch of time, and I’m sure other ministers did, talking about developments in Europe. But that’s what you’d expect,” a senior U.S. official said, in response to a question about Ireland.
Dublin’s fiscal woes have been triggered by concerns that it will need to spend more to rescue its stricken banking system in a move that has already driven its budget deficit to 32 percent of gross domestic product.
On Thursday, the cost of insuring Irish debt against default hit a record high and the 10-year Irish bond spread over equivalent German debt — another measure of perceived risk — reached 685 basis points, the highest since the euro was introduced.
A Reuters poll showed that 20 of 30 economists surveyed believed Ireland would need a bailout worth around 48 billion euros before the end of 2011.
MEMORIES OF GREECE
The crisis in Ireland has revived memories of Greece’s brush with default earlier this year that required combined European Union and International Monetary Fund intervention costing 110 billion euros ($ 149.8 billion) and which sparked a selloff in the euro and questions over the single currency’s viability.
Since then the euro zone has set up a 440 billion euros sovereign rescue fund backed by another 310 billion euros of International Monetary Fund and European Union funds that could be deployed in countries such as Ireland to stem a run on markets.
Portugal, Spain and Italy are also seen as vulnerable to any troubles in Ireland as investors shun risky euro zone assets.
“The effects of euro zone peripheral bond concerns are spreading through euro zone markets and hitting risk appetite in the process,” said Mitul Kotecha, global head of currency strategy with Credit Agricole CIB in Hong Kong.
“The euro is a clear casualty, having dropped further against the U.S. dollar and versus other currencies.”
Iraq’s Leaders Back Fragile Power-Sharing Deal – Voice of America
Last Updated on Thursday, 11 November 2010 07:26 Written by admin Thursday, 11 November 2010 07:26
VOA News
11 November 2010

Photo: ASSOCIATED PRESS
Iraq’s President Jalal Talabani, center left, shakes hands with Osama al-Nujeifi, center right, the elected parliament speaker during a Parliament session in Baghdad, Iraq, Thursday, Nov. 11, 2010. Iraq’s president gave Shiite Prime Minister Nouri al-Maliki the nod to form the next government Thursday after an eight-month deadlock, but a dramatic walkout from parliament by his Sunni rivals cast doubt on a power-sharing deal reached by the two sides less than a day earlier. (AP Photo/Karim Kadim)
Iraq’s president has asked Shi’ite incumbent Nouri al-Maliki to retain his position as prime minister and form a new government, but a dispute in parliament on a newly reached power-sharing deal prompted most of the Sunni-backed opposition to walk out, underscoring the agreement’s fragility.
Iraqi lawmakers Thursday re-elected Jalal Talabani as president. The Kurdish leader then nominated Mr. Maliki to form a unity government, paving the way for his return to office for another four-year term. Under Iraqi law, he has 30 days to form his Cabinet.
But newly elected parliament speaker Osama al-Nujaifi, a Sunni Arab, and roughly two-thirds of the other 91 lawmakers from the Iraqiya coalition — including former Prime Minister Ayad Allawi — walked out of Thursday’s session to protest the rejection of a series of demands they made.
Among them were commitments to release detainees and reverse the disqualification of three Iraqiya candidates for their alleged ties to the outlawed Ba’ath Party of executed former Iraqi leader Saddam Hussein. Sunnis view the controversial de-Baathification process as a Shi’ite attempt to bar them from returning to power.
Nujaifi later returned to the session, where voting had continued on Mr. Talabani’s re-election. Earlier Thursday, parliament members also elected a Sadrist Movement member and a Kurdistan Alliance lawmaker as deputy speakers.
The walkout underlined the Sunni minority’s ambivalence over the prospective new unity government outlined in the deal, which ensures continued Shi’ite domination while giving Sunnis a role far short of the greater political power they seek.
U.S. President Barack Obama Thursday welcomed the progress but urged Iraqi leaders involved in the fragile power-sharing arrangement to aim for an “inclusive government.” The White House said Mr. Obama spoke to several Iraqi leaders in recent days and stressed the need for Mr. Allawi, other Iraqiya members and all the winning political blocs to hold leadership posts in the country’s new government.
Kurdish regional President Masoud Barzani, who brokered the agreement, said Thursday Mr. Allawi would lead a newly created committee overseeing foreign policy and national security, the National Council for Strategic Policies. The council’s powers, however, remain undefined.
For their part, Iraqi Kurds feel they have solidified their role in government. Though the presidency is a largely symbolic position, Mr. Talabani has been able to wield considerable power because of his background as a longtime Kurdish leader.
Mr. Allawi’s Iraqiya alliance won the most seats in inconclusive March elections but was unable to gain enough support from other parties to create a majority coalition. Iraqiya’s inability to find political partners allowed Mr. Maliki, who partnered with anti-American Shi’ite cleric Muqtada al-Sadr in an Iranian-backed coalition, to gain momentum and support.
If the shaky deal holds, it could end the stalemate that has paralyzed Iraqi state institutions as security forces battle insurgents who have taken advantage of the political vacuum to stoke violence.
Some information for this report provided by AP and Reuters.
Tags: America, Back, deal, Fragile, Iraq's, Leaders, powersharing, Voice | Posted under World | No Comments