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Oil Prices Continue to Rise, Helped by a Lower U.S. Dollar
Thursday, June 30, 2011Posted by politics at 11:25 AM 0 comments
Labels: Forex Analysis
Oil Prices Continue to Rise, Helped by a Lower U.S. Dollar
Posted by politics at 11:25 AM 0 comments
Labels: Forex Analysis
U.S. Dollar Down in Forex Trading
Posted by politics at 11:23 AM 0 comments
Labels: Forex Analysis
U.S. Dollar Down in Forex Trading
Posted by politics at 11:23 AM 0 comments
Labels: Forex Analysis
U.S. Dollar Forex Trading Forecast: More Weakness in the Near Term
Posted by politics at 11:19 AM 0 comments
Labels: Forex Forecast
U.S. Dollar Forex Trading Forecast: More Weakness in the Near Term
Posted by politics at 11:19 AM 0 comments
Labels: Forex Forecast
Euro Zone to Get Help From China
Posted by politics at 11:18 AM 0 comments
Labels: Forex Forecast
Euro Zone to Get Help From China
Posted by politics at 11:18 AM 0 comments
Labels: Forex Forecast
Greek Austerity May Not Be the End of the Problems

Posted by politics at 11:12 AM 0 comments
Labels: Forex News
Greek Austerity May Not Be the End of the Problems

Posted by politics at 11:12 AM 0 comments
Labels: Forex News
Greek Parliament passes law to implement austerity package
Athens, Greece (CNN) -- Greece's Parliament has approved a key law needed to implement a five-year austerity package that was approved by lawmakers a day earlier.
Lawmakers voted 155-136 in favor of the measure, with five voting "present" in the 300-seat house.
The package had been demanded by international lenders -- and its passage should clear the way for an emergency loan to Athens.
But Greece has seen weeks of sometimes violent public protests against the austerity plan, which follows a series of cuts agreed to last year.
European Commission head Jose Barroso and European Union President Herman van Rompuy said they strongly welcomed Thursday's vote.
"This was the second, decisive step Greece needed to take in order to return to a sustainable path," they said in a joint statement from Brussels. "In very difficult circumstances, it was another act of national responsibility."
They said the conditions "are now in place" for a decision on the release of a fifth round of emergency funds to Greece, part of a multi-billion euro deal agreed last year, and for "rapid progress" on a second proposed bailout.
Following the vote, the Greek civil servants' union ADEDY called another rally outside Parliament for Thursday evening.
Before Wednesday's vote, small numbers of demonstrators hurled stones at police, chanted, waved Greek flags and set small fires to protest the austerity measures, which include new taxes and job cuts.
At least 19 police officers were injured Wednesday, police said.
European and international lenders agreed last year to give Greece a $156 billion bailout package as its deficit soared, but were threatening to hold up an installment of $17 billion due soon.
Greece has debt payments coming due in mid-July and needs the $17 billion in emergency funds to be able to pay them -- but lenders, including the International Monetary Fund and the EU, had demanded that it approve the austerity measures in order to get the loan.
A default by Greece would send shock waves through the European banking sector and potentially dent global economic confidence.
German Chancellor Angela Merkel called Wednesday's passage of the austerity measures "really good news," German government spokesman Steffen Seibert said on Twitter.
Eurogroup chairman Jean-Claude Juncker also welcomed the news, saying: "I'm very happy and relieved that the Greek Parliament followed the government and voted in favour of a new program of structural reforms and budgetary adjustment."
Unions oppose the austerity package, but its backers say it is essential to the stability of the Greek economy, the euro, and the global financial system.
Posted by politics at 11:11 AM 0 comments
Labels: World News
Man grabs French president before being tackled by security
(CNN) -- A man grabbed French President Nicolas Sarkozy by his shoulder and pulled him up against a barricade Thursday before being tackled by security officers.
The incident came as Sarkozy visited the town of Brax in southwest France.
Television footage showed the man being wrestled to the ground by four bodyguards.
The suspect, who is 32 and works at a local music school, was taken into custody and questioned by police who were already present for security reasons, a police spokesman said. He is now being held at Agen police station, the spokesman added.
Sarkozy appeared to have been seized by the shoulder of his jacket as he shook hands with members of the public lined up behind a metal security barrier in the town, near Agen.
The president was due to attend a meeting of local mayors during his visit to the Lot-et-Garonne region, according to local media reports. Earlier, he was to tour a local factory.
France sets date for presidential elections
Posted by politics at 11:10 AM 0 comments
Labels: World News
British strikes disrupt schools, travel
London (CNN) -- Hundreds of thousands of British teachers, air traffic controllers, customs officers and other public sector workers went on strike Thursday, causing disruption to schoolchildren and travelers.
Workers demonstrated in many British cities, including London, where thousands of strikers marched peacefully in the center of the city, their route taking them near the prime minister's office at 10 Downing Street.
"We've paid into our pensions, we've paid our taxes," striking adult education tutor Annie Holder said, adding that she was "really angry about the government's politically motivated attempt to steal our pensions."
She blamed "the banking sector" for the country's budget woes.
And she rejected rhetoric from opponents of the strike about the public sector's "gold-plated pensions."
"Our pension will be about 60 pounds ($96) a week. It's hardly gold-plated. We'll have to work much harder and pay more," Holder said.
Police in London said they had made 24 arrests in total as of mid-afternoon.
Since Thursday morning, 18 had been arrested for offenses including possession of drugs, criminal damage and breach of the peace, the police said, with six others detained overnight in Trafalgar Square.
Police declined to estimate the size of the crowd, but the Public and Commercial Services union said about 15,000 people rallied in London.
CNN reporters in the central Whitehall area said there were more police and media present than protesters, and that there were minor scuffles at one point. The police closed off public access to Trafalgar Square for a period.
An estimated 5,000 people marched in Manchester, 4,000 in Brighton, and 1,000 in Cardiff and Glasgow, the PCS said.
Four unions told their members to stop work over planned government changes to the pension system.
Perhaps ironically, state pension staff are among those on strike, as members of the PCS.
Three teachers' unions are also on strike -- the National Union of Teachers, the Association of Teachers and Lecturers, and the University and College Union -- which together have more than 350,000 members.
The PCS, Britain's fifth biggest union, boasted it had 84% participation from its 300,000 members, although government figures reported by UK media suggested lower numbers had taken part.
The union's general secretary, Mark Serwotka, who spoke at a rally flanked by leaders of the teachers' unions, said: "Our members have voted with their feet and supported the strike. We are in it together with public sector workers, students and pensioners defending everything we have fought for for generations."
Some 80% of schools across the country were closed or partially closed as a result of the strike, the National Union of Teachers said, and there were fears that airports and ports would be snarled as well.
Nine out of 10 police staff who answer calls from the public were on strike, London's Metropolitan Police said.
The National Union of Teachers said the strike is because "the government is planning to cut your pension. They want you to pay more, work longer and get less," arguing that because pensions are "deferred pay ... you are effectively being asked to take a pay cut."
The government, a coalition of Conservatives and Liberal Democrats, is trying desperately to slash government spending in the face of huge deficits.
Danny Alexander, the No. 2 official in the British Treasury, argued earlier this month that "it is unjustifiable that other taxpayers should work longer and pay more tax so public service workers can retire earlier and get more than them."
"It is the employees who are benefiting from longer life and generous pensions, but it is the taxpayer who is picking up the tab," he said.
Alexander, a Liberal Democrat, said the changes the government was proposing aimed to ensure that "public service workers continue to receive among the best, if not the best, pensions available."
Holder, the striking teacher, said the government's explanations for planned changes to the pension system were "nonsense."
The government's Cabinet Office said less than half of PCS workers went on strike Thursday.
Cabinet Office Minister Francis Maude, a Conservative, said Wednesday that the strike was "premature" while negotiations between the government and unions were still going on.
He argued that only a minority of civil servants and teachers had voted to strike.
Feelings were strong, however, among many of the workers involved.
Jenny Adams, a teacher from Croydon, said, "We've got a situation where young people are not going to want to stay in this profession.
"It's about who's being asked to foot the bill for a mess that was made by others. We're in a profession that is not kind when it comes to age. It's inconceivable to be in a classroom in (one's) late 60s."
Union leader Dave Prentis warned last week that if the government does not change course on pension reform, the country could face the biggest strikes since 1926. Between 1.5 million and 1.75 million workers participated in a general strike lasting nine days that year.
Prentis, the head of Britain's largest public-sector union, Unison, issued a similar warning in 2005.
Posted by politics at 11:06 AM 0 comments
Labels: World News
Aussie Struggles in Currency Trading
Posted by politics at 10:58 AM 0 comments
Labels: Forex News
Aussie Struggles in Currency Trading
Posted by politics at 10:58 AM 0 comments
Labels: Forex News
UN chief calls for specific steps to close gender gap in parliaments

Mr. Ban noted that although more and more women are taking their place in governments, fewer than 10 per cent of the world’s countries have a female head of State or government, and fewer than 30 countries have met the UN target of having women comprise at least 30 per cent of their lawmakers in national parliaments.
“We need to take specific steps to close this gender gap. Experience shows that the democratic ideals of inclusiveness, accountability and transparency are only achieved through laws, policies and special measures that address inequalities.”
The Secretary-General stressed that women’s participation should be supported at all times, and not just during legislative elections.
“Our work to ensure gender equality must start with girls getting the food, health care and education they deserve, equal to boys. It must continue through all stages of life. And it must cover all realms, from the world of business to the halls of government and beyond.”
He noted that the UN is working on several fronts to promote women in democracy-building activities, whether through the new agency UN Women or through individual projects financed by the UN Democracy Fund.
Posted by politics at 10:48 AM 0 comments
Labels: UN News
UN’s global network of biosphere reserves grows by 18 new sites

Biosphere reserves are places recognized by MAB where local communities are actively involved in governance and management, research, education, training and monitoring at the service of both socio-economic development and biodiversity conservation. They are thus sites for experimenting with and learning about sustainable development, UNESCO said.
UNESCO said the new sites are:
- Bras d’Or Lake, in Nova Scotia, Canada, which encompasses a saltwater estuary watershed “inland sea” with three passages to the Atlantic Ocean.
- Mao’er Mountain in China, which features a mountain landscape of exceptional scenery, with peaks reaching more than 2,000 metres above sea level.
- Corredor Biológico Nevados de Chillán-Laguna del Laja in Chile, which is located in the northern part of the Patagonia region and is a global biodiversity hotspot.
- Songor, Ghana, which is characterized by a unique combination of brackish/estuarine, freshwater and marine ecosystems with mangroves, islands and small patches of community-protected forests.
- Mujib, Jordan, which is part of the Dead Sea basin and Jordan Rift Valley landscape.
- Zuvintas, Lithuania, which includes lakes, wetlands, mires, peat bogs, and pine tree stands.
- Baa Atoll, Maldives, which harbours globally significant biodiversity in its numerous reefs.
- Berlangas archipelago, Portugal, which includes the Berlangas, a group of small islands and rocks, and the city of Peniche on the mainland.
- Volga-Akhtuba floodplain in the Russian Federation, which represents a mosaic structure of different landscapes, with high-yielding floodplain meadows, spawning grounds, oak groves and internationally important wetlands.
- St. Mary’s, Saint Kitts and Nevis, which comprises cloud forests, mangroves and coral reefs.
- Blekinge Archipelago in Sweden, which includes most of the coastal areas and archipelagos of Blekinge, containing a variety of islands and islets.
- Nedre Dalälven River Landscape in Sweden, which covers 308,000 hectares with a mixture of wetlands, rivers, lakes, flood plains and productive forests.
- Oti-Keran/Oti-Mandouri in Togo, which encompasses various ecosystems, including shrubland, savannas, forest galleries and grasslands.
- Roztochya, Ukraine, which covers a total area of 74,800 hectares with agriculture, stock-breeding and fish farming as its main economic activities.
- Bura’a, Yemen, which is a rugged mountainous area intersected by several deep valleys rich in rare, vulnerable and endemic plant species.
- Santana Madeira, Portugal, which is the first biosphere reserve in the Madeira Archipelago. Despite an active tourist industry, agriculture dominates the economy of local communities.
- Ramot Menashe in Israel, which encompasses a mosaic of ecological systems that represent the Mediterranean Basin's version of the global “evergreen sclerophyllous forests, woodlands and scrub” ecosystem types.
- Trifinio Fraternidad Biosphere Reserve, which stretches over parts of El Salvador, Guatemala and Honduras. It is home to many endemic species that inhabit the tropical humid forest.
Australia also withdrew Macquarie Island from the WNBR because it is uninhabited by humans and human presence is a criterion for inclusion in the network.
Posted by politics at 10:47 AM 0 comments
Labels: UN News
UN agency welcomes safe return of two missing staff in Ethiopia

The two staff members went missing on 13 May after the convoy in which they travelling on a monitoring mission in Ethiopia’s Somali region was attacked by assailants.
One member of the convoy, the driver Farhan Hamsa, was killed in the attack, and another staff member was injured.
WFP said it had worked closely with national and regional authorities to ensure the safe return of the two staff members.
“This incident underscores the need to ensure the safety and security of UN staff,” the statement stressed.
Posted by politics at 10:46 AM 0 comments
Labels: UN News
Youth education and employment key to progress in Africa – Migiro

She pointed out that 35 per cent of Africa’s total population is between the ages of 15 and 35, the phase in people’s lives when they lay foundations for their future, build careers and plan families.
“For too many young adults in Africa, this is a time of dashed hopes, frustration, and political, economic and social exclusion,” said Ms. Migiro. “But there is a way for African nations to defuse the youth time bomb – by empowering youth and reaping the benefits. You have recognized this yourselves – by choosing the theme of this meeting and by prioritizing youth development in your development agenda,” she added.
She said that the United Nations will continue to work closely with Africa’s leaders to maintain and strengthen peace by supporting the efforts of the African people to realize their right to choose their own leaders.
“Countries that prioritize democratic principles generally fare better in avoiding armed conflict, promoting stable and equitable development, and building socially inclusive societies,” Ms. Migiro.
“The young men and women of Africa need to know that their dreams can and will be achieved – not through violence and crime, but through the ballot box and the decent jobs that will come from thriving economies,” she added.
She pointed out that the continent has over the past decade undergone a period of rapid economic growth, a stark contrast to the stagnation and reversals of previous years.
Attractive investment opportunities are expanding beyond the minerals and energy sectors, and a middle class is also emerging in several countries, although extreme poverty, hunger and inequality remain a major concern.
“For Africa, this is, in many ways, an era of opportunity. Our job is to ensure that it is an era of opportunity for all,” she said.
Ms. Migiro reminded the African heads of State that this year marks the tenth anniversary of the coming into force of the Optional Protocols to the Convention on the Rights of the Child. The protocols prohibit the sale of children, child prostitution and child pornography.
Secretary-General Ban Ki-moon has launched a global campaign to promote the universal ratification of the protocols, Ms. Migiro said, but only 18 AU Member States are parties. “I call on all 53 AU Members to become parties and implement them fully,” she said.
On Sudan, Ms. Migiro noted that despite the recent outbreaks of violence in Southern Kordofan and Abyei, the upcoming independence of Southern Sudan was another milestone for Africa, and for the continent’s partnership with the UN.
“The United Nations will remain committed to supporting South Sudan’s peaceful development and to good neighbourly relations between north and south,” she said
She also reiterated that the UN remains committed to the search for a political solution to the ongoing crisis in Libya.
“There should be no doubt about our aims. The objective – and the obligation – of the international community is to protect civilians and to work for a durable peace that meets the legitimate aspirations of Libyan people,” she added.
Posted by politics at 10:45 AM 0 comments
Labels: UN News
Arab Spring shows human rights are for everyone, everywhere – UN official

“We all want, we all deserve, and we are all entitled to have our rights observed – not partially, not sometimes, not at the whim of dictators or other repressive rulers and authorities, but all of us, all of the time, everywhere.”
“That,” she said, “is the message of the Arab Spring, and it is a message that has reverberated all across the world, stimulating discussion and dialogue, and renewed hope in the power of people to realize change.”
Previously, the High Commissioner noted, “the Middle East and North Africa was one of those areas where we had all been told the people had other preoccupations and were not particularly interested in human rights.”
She said the Tunisians and Egyptians “had blown that myth away,” leading citizens of other countries in the region wondering if they could do the same, and so the protests had spread.
“Several governments reacted in a violent and repressive fashion, leading to the loss of thousands of lives, torture, arbitrary detention, disappearances and other violations.”
But, the High Commissioner added, “the situation was different in Jordan, Morocco and Algeria, which also experienced protests, but in those countries the governments have responded with positive reforms.”
Ms. Pillay said that the new developments had coincided with the need for her office (OHCHR) to expand its activities in numbers and locations, which has left its resources “extremely stretched.”
She said her office’s budget is $202 million, reportedly about the same amount as Australians spend each year on Easter eggs or the cost of three F-16 jet-fighter airplanes.
“The amount Europeans spent on their pets in 2010 alone (€56.8 billion) would fund the entire UN human rights system, including my office, for something like 250 years,” she said.
The High Commissioner asked States to “devote much more to making human rights a reality.”
“Surely it makes sense to invest more heavily in human rights, and to back those brave protesters and human rights defenders in the Middle East, North Africa and elsewhere with much more than praise and fine words,” she said.
Posted by politics at 10:44 AM 0 comments
Labels: UN News
Sacravatoons no 2044 :" Bang Thom Tee Pee "
Monday, June 27, 2011Posted by politics at 6:30 PM 0 comments
Labels: Political Cartoon
Sacravatoons no 2043 : " Khmer Rouge show "
Posted by politics at 4:29 PM 0 comments
Labels: Political Cartoon
Sacravatoons no 2042 : " The Paper Dragon "
Sunday, June 26, 2011Posted by politics at 6:13 PM 0 comments
Labels: Political Cartoon
Thailand Withdraws From World Heritage Convention in Temple Dispute With Cambodia
VOA News
Posted by politics at 9:42 AM 0 comments
Labels: National News
Amnesty, Double Jeopardy on Agenda for Tribunal Hearing
Sunday, 26 June 2011
Sok Khemara, VOA Khmer | Washington, DC
“The court has enough competency and enough of a role in Ieng Sary’s case over genocidal crimes, and other crimes…to try him under its jurisdiction.”
Posted by politics at 9:38 AM 0 comments
Labels: National News
Khmer Rouge big four finally face justice
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Nuon Chea at his home on the Cambodian-Thai border in 2005. (Picture: AP) |
June 27, 2011
Sian Powell
The Australian
Posted by politics at 9:22 AM 0 comments
Labels: National News
Thai leader defends leaving UN heritage site body
Posted by politics at 9:16 AM 0 comments
Labels: National News
Thailand quits heritage body amid temple row
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Thai protesters of the nationalist People's Alliance for Democracy (PAD) protest outside the UNESCO building in Bangkok (AFP/File, Str) |
AFP
Posted by politics at 9:12 AM 0 comments
Labels: National News
Repair, restoration? Thailand withdraws from World Heritage Convention
By Luc Citrinot, eTN
Posted by politics at 9:03 AM 0 comments
Labels: National News
Repair, restoration? Thailand withdraws from World Heritage Convention
By Luc Citrinot, eTN
Posted by politics at 9:03 AM 0 comments
Labels: National News
Appel aux Parlementaires français / Appeal to French Members of Parliament
---------
Le Premier ministre français François Fillon devant effectuer une visite officielle au Cambodge les 2 et 3 juillet prochains, je me permets de renouveler mon appel suivant:
Je m’appelle Sam Rainsy. J’ai la double nationalité française et cambodgienne. Je suis député du Cambodge, un pays ami et allié de longue date de la France. Depuis une quinzaine d'années je remplis mon rôle de chef de l’opposition au Cambodge, dirigeant la deuxième force politique du pays, le PSR qui représente entre 20 et 25% de l’électorat malgré des élections truquées.
Parce que je dirige une opposition critique à l’encontre du gouvernement de mon pays je suis persécuté avec acharnement par celui-ci et le parti au pouvoir qui est de type totalitaire, dirigé par d’anciens Khmers rouges.
En 1995 j’ai été expulsé inconstitutionnellement de l’Assemblée nationale, mais ai pu retrouver mon siège de député aux élections suivantes. A chaque élection, mon parti a recueilli un nombre accru de voix et obtenu un plus grand nombre de sièges à l’Assemblée nationale.
Mais le 16 mars 2011 j’ai été à nouveau expulsé de l’Assemblée nationale, de manière tout aussi arbitraire et inconstitutionnelle que la fois précédente, de par la seule volonté du parti au pouvoir.
J’ai échappé à plusieurs tentatives d’assassinat, comme une attaque à la grenade particulièrement meurtrière en 1997 vraisemblablement commanditée par le Premier ministre Hun Sen, mais environ quatre-vingts membres et sympathisants du PSR ont été assassinés depuis la création de ce premier parti d’opposition en 1995.
Le parti au pouvoir ne se contente pas d’attenter à ma vie ou de me chasser de l’Assemblée nationale, il s’est aussi arrangé pour enlever illégalement mon immunité parlementaire et me faire condamner à de lourdes peines de prison à de multiples reprises. La dernière fois remonte seulement au début de cette année 2011 quand j’ai été condamné à un total de 14 années d’emprisonnement sur des accusations de nature purement politique. J’ai été de ce fait contraint de m’exiler provisoirement en France.
Mon seul crime tient au fait que j’ose imperturbablement dénoncer la corruption et les violations des droits de l’homme et défendre les habitants de mon pays qui m’ont élu comme leur représentant.
L'ancien Président de la République socialiste portugais Mario Suarez a été un de mes parrains quand le Parlement européen m’a délivré un Passeport pour la Liberté en l'an 2000. En 2006, j’ai reçu le Prix pour la Liberté attribué par l’Internationale Libérale.
Un communiqué daté 14 septembre 2010 d’une coalition de 16 ONG de droits de l’homme au Cambodge dénonce: “Le gouvernement a utilisé les tribunaux pour réduire au silence les voix critiques à l’encontre de son action touchant la confiscation de terres, la corruption et les conflits frontaliers”. Autre précision: “Les accusations [contre Sam Rainsy et d’autres contestataires] sont de nature politique”.
Dans sa résolution sur le "Cambodge, en particulier le cas de Sam Rainsy" adopté le 21 octobre 2010 à Strasbourg, le Parlement européen "condamne les verdicts fondés sur des motivations politiques à l'encontre de représentants de l'opposition et d'ONG, en particulier ceux prononcés à l'encontre de Sam Rainsy". La résolution dénonce le fait que "la stratégie du parti au pouvoir au Cambodge consiste à utiliser une justice servile pour museler toute critique à l'encontre du gouvernement".
Dans sa décision du 17 janvier 2011, l’Union Interparlementaire à Genève "considère qu’il devient urgent de revoir le cas de Mr. Sam Rainsy et de le réhabiliter, et demande aux autorités, y compris le Parlement, de prendre sans tarder les mesures adéquates afin de permettre à Mr. Sam Rainsy de reprendre sa place légitime au sein de l’Assemblée nationale."
Je fais appel à votre solidarité en tant que collègue parlementaire: Vous pourriez grandement m’aider en demandant au gouvernement de la République française de faire pression, directement et par l'intermédiaire de l'Union européenne, sur les autorités étatiques du Cambodge, un pays dont la survie dépend de l’aide internationale, de sorte que je puisse reprendre mon travail de député dans des conditions acceptables et continuer à promouvoir la démocratie et la bonne gouvernance dans mon pays.
Je vous en remercie.
Sam Rainsy
samrainsysrp@gmail.com
Posted by politics at 3:22 AM 0 comments
Labels: National News
Thai FM Kasit holds urgent meeting to ponder next move
The Nation
Posted by politics at 2:55 AM 0 comments
Labels: National News
PAD supports Suwit's decision [to pull out of WHC]
Bangkok Post
Posted by politics at 2:38 AM 0 comments
Labels: National News
Plodprasop questions Suwit's decision [-Suwit's mistaken gamble?]
Bangkok Post
Posted by politics at 2:32 AM 0 comments
Labels: National News
Cambodian tribunal set to try Khmer Rouge leaders
By SOPHENG CHEANG
Associated Press
"Do I have remorse? No," said Ieng Sary in 1996, after he led a mass defection to the government. "I have no regrets because this was not my responsibility."
Posted by politics at 2:01 AM 0 comments
Labels: National News