UNITED NATIONS: International envoy Kofi Annan on Thursday expressed disappointment at the UN Security Council failure to unite and take concerted action to stop the escalating violence in Syria after a resolution on the crisis was vetoed by permanent members Russia and China.
The resolution, proposed by France, Germany, UK and the US would have threatened sanctions against the regime of Syrian President Bashar Al Assad if his authorities did not stop using heavy weapons against civilians and withdrew troops from towns and cities within 10 days.
The resolution received 11 votes in favour, including by India while Pakistan and South Africa abstained.
This is the third time in about nine months that Russia and China have vetoed a UNSC resolution that would have imposed sanctions on the Assad regime.
A statement by Annan's spokesperson said the UN-Arab League envoy is "disappointed that at this critical stage the UN Security Council could not unite and take the strong and concerted action he had urged and hoped for.
"He believes that the voice of the Council is much more powerful when its Members act as one."
UK's Permanent Representative to the UN Mark Lyall Grant said Britain was "appalled" by the decision of Russia and China to veto the draft resolution which aimed at bringing an end to the bloodshed in Syria and to create the conditions for a meaningful political process.
"By exercising their veto today, Russia and China are failing in their responsibilities as permanent members of the Security Council to help resolve the crisis in Syria.
"They are failing the people of Syria. They have - for the third time - blocked an attempt by the majority of this Council, supported by most of the international community, to try a new approach," Grant said.
He said the consequence of their decision is "obvious, further bloodshed, and the likelihood of descent into all-out civil war."
Grant blamed Moscow and Beijing for protecting a "brutal" regime and choosing to put their national interests ahead of the lives of millions of Syrians.
US's Envoy to the US Susan Rice said while the first two vetoes by Russia and China were "very destructive" the third vote against the resolution is "even more dangerous and deplorable.
"Their position is at odds with majority of UNSC, Arab League, over 100 countries, and aspirations of Syrians, who deserve much better. US has not and will not pin its policy on unarmed observer mission deployed in midst of violence that can't count on minimal UNSC support," she said.
India also termed as "regrettable" that the Security Council was not able to adopt the resolution and send a joint message that was sought by joint special envoy Kofi Annan.
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Friday, July 20, 2012
Microsoft reports first quarterly loss as public company
Microsoft reported a net loss of $492 million, or 6 cents per share for its fiscal fourth quarter. Microsoft has not suffered a quarterly loss since going public in 1986.NEW YORK: Microsoft Corp reported its first quarterly loss as a public company on Thursday as it took a previously announced hit for writing down the value of its ailing online unit and suffered stagnant sales of its flagship Windows operating system.
Excluding the multibillion-dollar write-down, which was signaled earlier this month, and factoring in some deferred Windows revenue, the world's largest software company actually exceeded Wall Street's expectations, boosting its shares slightly higher in post trade.
After several years of stumbling behind mobile and internet trailblazers Apple Inc and Google Inc, and a decade-long static share price, some expectation is building that Microsoft can re-establish itself as a tech leader with its new, touch-friendly Windows 8 system, due out on October 26, and an accompanying tablet of its own design.
"Considering the macro backdrop, these numbers are very good," said Trip Chowdhry, an analyst at Global Equities Research. "There's a lot of anticipation for the next Microsoft products. They are regaining credibility with enterprises."
The company reported a net loss of $492 million, or 6 cents per share for its fiscal fourth quarter, compared with a profit of $5.87 billion, or 69 cents per share, in the year-ago quarter.
The loss was expected after Microsoft said earlier this month that it would take a $6.2 billion write-down for the value of its online unit after an ill-fated acquisition.
Microsoft has not suffered a quarterly loss since going public in 1986.
Sales rose 4 percent to $18 billion, dampened by slowing PC sales featuring its flagship Windows operating system. Global PC sales, which have been stagnant for the last two years, fell 0.1 percent last quarter, according to tech research firms Gartner and IDC.
Microsoft deferred $540 million of Windows revenue in the quarter due to an upgrade discount it is offering customers who buy machines running Windows 7 before the launch of Windows 8 in October.
Excluding the write-down, but factoring in that deferred revenue, Microsoft said it earned 67 cents per share in the quarter.
On that basis, Wall Street expected profit of 62 cents per share, according to Thomson Reuters I/B/E/S.
Quarterly sales were slightly below analysts' average forecast of $18.1 billion.
Microsoft's shares rose 1.7 percent in post-market trading after closing at $30.67 on Nasdaq.
The stock is up 10 percent so far this year, compared to a 14 percent gain in the tech-heavy Nasdaq. But it has remained locked around the $30 level, which it has not exceeded for any prolonged period since the tech stock boom 12 years ago.
View the Original article
Excluding the multibillion-dollar write-down, which was signaled earlier this month, and factoring in some deferred Windows revenue, the world's largest software company actually exceeded Wall Street's expectations, boosting its shares slightly higher in post trade.
After several years of stumbling behind mobile and internet trailblazers Apple Inc and Google Inc, and a decade-long static share price, some expectation is building that Microsoft can re-establish itself as a tech leader with its new, touch-friendly Windows 8 system, due out on October 26, and an accompanying tablet of its own design.
"Considering the macro backdrop, these numbers are very good," said Trip Chowdhry, an analyst at Global Equities Research. "There's a lot of anticipation for the next Microsoft products. They are regaining credibility with enterprises."
The company reported a net loss of $492 million, or 6 cents per share for its fiscal fourth quarter, compared with a profit of $5.87 billion, or 69 cents per share, in the year-ago quarter.
The loss was expected after Microsoft said earlier this month that it would take a $6.2 billion write-down for the value of its online unit after an ill-fated acquisition.
Microsoft has not suffered a quarterly loss since going public in 1986.
Sales rose 4 percent to $18 billion, dampened by slowing PC sales featuring its flagship Windows operating system. Global PC sales, which have been stagnant for the last two years, fell 0.1 percent last quarter, according to tech research firms Gartner and IDC.
Microsoft deferred $540 million of Windows revenue in the quarter due to an upgrade discount it is offering customers who buy machines running Windows 7 before the launch of Windows 8 in October.
Excluding the write-down, but factoring in that deferred revenue, Microsoft said it earned 67 cents per share in the quarter.
On that basis, Wall Street expected profit of 62 cents per share, according to Thomson Reuters I/B/E/S.
Quarterly sales were slightly below analysts' average forecast of $18.1 billion.
Microsoft's shares rose 1.7 percent in post-market trading after closing at $30.67 on Nasdaq.
The stock is up 10 percent so far this year, compared to a 14 percent gain in the tech-heavy Nasdaq. But it has remained locked around the $30 level, which it has not exceeded for any prolonged period since the tech stock boom 12 years ago.
View the Original article
Barack Obama says Mitt Romney would kill the middle class
WASHINGTON: President Barack Obama told voters in Florida on Thursday that Republican challenger Mitt Romney wants to undo the structures of American society that built a vibrant middle class.
Romney, speaking in a Boston suburb, repeated his charge that Obama was more concerned with his re-election than bringing down the nation's high rate of unemployment.
The men battling to win the November election for the White House are engaging in the kind of intense campaigning normally reserved for the final weeks of the contest.
Obama's decision to spend two days in Florida signals the importance of the state. If the president can win there, as he did in 2008, Romney would have a difficult time blocking the president's return to the White House. The US presidential elections are not won according to the popular vote nationally but in state-by-state contests.
Obama and Romney are in one of the closest presidential contests in recent memory. Incumbent presidents normally have an advantage, but Obama's has been diminished by voter concerns over the sluggish economic recovery and 8.2 per cent unemployment.
The race promises to be even closer in Florida. The state provided the deciding margin in George W Bush's victory in 2000, and it has been closely contested ever since. Obama aides said that since 1992, voters in the state have cast more than 32.5 million votes during the past five presidential elections, and only a total of 57,000 votes have separated the two parties in those campaigns.
Republicans are holding their national convention in Florida in August in hopes of giving themselves an edge in the state.
Obama was hitting hard on themes important to residents of Florida, a state heavily populated with retired Americans, military personnel and a middle class worried about the slow economic recovery and unemployment.
Obama said the basic bargain in the United States was "at risk like never before" because of Republican policies, those promoted by Romney who has a fortune estimated at a quarter billion dollars.
"No matter who you are, no matter where you come from, no matter what you look like, American has always been a place where you can make it if you work hard," Obama said.
Obama, speaking directly to retired Americans, hammered Romney for backing a plan that would overhaul Medicare, government health insurance for those over 65. He said those changes would end up costing retired people an additional USD 6,400 a year.
View the Original article
Romney, speaking in a Boston suburb, repeated his charge that Obama was more concerned with his re-election than bringing down the nation's high rate of unemployment.
The men battling to win the November election for the White House are engaging in the kind of intense campaigning normally reserved for the final weeks of the contest.
Obama's decision to spend two days in Florida signals the importance of the state. If the president can win there, as he did in 2008, Romney would have a difficult time blocking the president's return to the White House. The US presidential elections are not won according to the popular vote nationally but in state-by-state contests.
Obama and Romney are in one of the closest presidential contests in recent memory. Incumbent presidents normally have an advantage, but Obama's has been diminished by voter concerns over the sluggish economic recovery and 8.2 per cent unemployment.
The race promises to be even closer in Florida. The state provided the deciding margin in George W Bush's victory in 2000, and it has been closely contested ever since. Obama aides said that since 1992, voters in the state have cast more than 32.5 million votes during the past five presidential elections, and only a total of 57,000 votes have separated the two parties in those campaigns.
Republicans are holding their national convention in Florida in August in hopes of giving themselves an edge in the state.
Obama was hitting hard on themes important to residents of Florida, a state heavily populated with retired Americans, military personnel and a middle class worried about the slow economic recovery and unemployment.
Obama said the basic bargain in the United States was "at risk like never before" because of Republican policies, those promoted by Romney who has a fortune estimated at a quarter billion dollars.
"No matter who you are, no matter where you come from, no matter what you look like, American has always been a place where you can make it if you work hard," Obama said.
Obama, speaking directly to retired Americans, hammered Romney for backing a plan that would overhaul Medicare, government health insurance for those over 65. He said those changes would end up costing retired people an additional USD 6,400 a year.
View the Original article
Bulgaria shows images of bomber behind attack on Israelis
BURGAS: Bulgarian authorities on Thursday released images of the suspected suicide bomber behind a deadly attack on Israeli tourists that Israel has blamed on Iran.
US investigators from the FBI joined the probe into Wednesday's bombing at a Black Sea airport that killed six people and wounded more than 30 as international condemnation of the attack grew.
Israel blamed Iran and the Lebanese group Hezbollah. Iran described the accusations as "ridiculous".
"The suicide bomber, wearing shorts and carrying a backpack, looked like any other tourist," said Bulgarian interior minister Tsvetan Tsvetanov.
Authorities released a video showing a white man with long hair, possibly a wig, and sunglasses wandering around Burgas airport.
Tsvetanov said he appeared to be aged about 26 and had a fake driving licence from the US state of Michigan.
The authorities had taken fingerprints and were being helped by the US Federal Bureau of Investigation, Interpol and Europol, to discover the bomber's identity, the minister said.
The explosion ripped through a bus as around 50 Israeli tourists arriving from Tel Aviv were loading their bags before travelling to a nearby holiday and gambling resort.
Five tourists were killed at the scene. The Bulgarian driver died later in hospital, officials said. Thirty-two people were wounded.
The remains of the victims arrived early Friday at Ben Gurion airport in Tel Aviv.
The five coffins, with Israeli flags draped over them, were taken off a military plane that landed at 12:30 am Friday (2130 GMT Thursday). Dozens of mourning relatives had gathered for the plane's arrival.
Many of the wounded, including teenagers, also arrived back in Tel Aviv after being flown home by the Israeli air force.
These included a pregnant woman and a young girl who was carrying a sandal because her right foot was wrapped in bandages.
Many had been taken in wheelchairs to ambulances to board the flight home, some still with their blood-stained holiday clothes on.
Witnesses to the bloody attack described how panicked passengers jumped from bus windows and bodies lay strewn on the ground with their clothes torn off.
"I would have lost my life in a split-second, had I not jumped out of the bus's window," survivor Moshe Moseri told Israeli news website Walla, describing seeing "corpses on the floor with their arms and legs severed".
Israeli Prime Minister Benjamin Netanyahu said the attack was part of "a global campaign of terror carried out by Iran and Hezbollah".
US President Barack Obama said the United States "will stand with our allies, and provide whatever assistance is necessary" to catch the perpetrators of what he called a "barbaric terrorist attack".
The diplomatic Quartet on the Middle East peace process -- the European Union, Russia, the United Nations and United States -- branded the attack as "brutal" and an "act of cowardice" against innocent victims.
The UN Security Council said in a statement it "condemned in the strongest terms the terrorist attack aimed at Israeli tourists."
Iran's state television said Israel's "ridiculous" accusations were "aimed at creating an anti-Iranian atmosphere" amid rising tensions over Tehran's nuclear drive which the West suspects is aimed at building the atomic bomb.
"The Zionist regime, which is responsible for terrorist acts organised in Lebanon, Palestine and against Iranian nuclear scientists... is launching baseless accusations against other countries to forget its own terrorist nature," a foreign ministry spokesman said.
The bomber struck on the 18th anniversary of an attack on a Jewish community centre in Argentina that killed 85 people and was also blamed on Iran.
On top of the condemnation, several countries have boosted security, including Cyprus and Bulgaria's neighbour Austria.
Burgas airport reopened under heavy security with all traces of the attack removed, although the bomb site remained off-limits behind police tape.
A cordon was set up around the airport building where people had to have all bags checked.
Austria, which is home to about 10,000 Jews, said it had taken extra security measures at Jewish community buildings, airports and for groups of Israelis in the country.
The bus wreckage was loaded on to a truck and taken away, along with another bus that also caught fire in the blast and which had a large blood stain down its side.
Israel and Bulgaria have good relations and the Black Sea coast has become a popular holiday spot for Israelis, with almost 140,000 visiting the country in 2011. About 13 percent of the Bulgarian population is Muslim.
View the Original article
US investigators from the FBI joined the probe into Wednesday's bombing at a Black Sea airport that killed six people and wounded more than 30 as international condemnation of the attack grew.
Israel blamed Iran and the Lebanese group Hezbollah. Iran described the accusations as "ridiculous".
"The suicide bomber, wearing shorts and carrying a backpack, looked like any other tourist," said Bulgarian interior minister Tsvetan Tsvetanov.
Authorities released a video showing a white man with long hair, possibly a wig, and sunglasses wandering around Burgas airport.
Tsvetanov said he appeared to be aged about 26 and had a fake driving licence from the US state of Michigan.
The authorities had taken fingerprints and were being helped by the US Federal Bureau of Investigation, Interpol and Europol, to discover the bomber's identity, the minister said.
The explosion ripped through a bus as around 50 Israeli tourists arriving from Tel Aviv were loading their bags before travelling to a nearby holiday and gambling resort.
Five tourists were killed at the scene. The Bulgarian driver died later in hospital, officials said. Thirty-two people were wounded.
The remains of the victims arrived early Friday at Ben Gurion airport in Tel Aviv.
The five coffins, with Israeli flags draped over them, were taken off a military plane that landed at 12:30 am Friday (2130 GMT Thursday). Dozens of mourning relatives had gathered for the plane's arrival.
Many of the wounded, including teenagers, also arrived back in Tel Aviv after being flown home by the Israeli air force.
These included a pregnant woman and a young girl who was carrying a sandal because her right foot was wrapped in bandages.
Many had been taken in wheelchairs to ambulances to board the flight home, some still with their blood-stained holiday clothes on.
Witnesses to the bloody attack described how panicked passengers jumped from bus windows and bodies lay strewn on the ground with their clothes torn off.
"I would have lost my life in a split-second, had I not jumped out of the bus's window," survivor Moshe Moseri told Israeli news website Walla, describing seeing "corpses on the floor with their arms and legs severed".
Israeli Prime Minister Benjamin Netanyahu said the attack was part of "a global campaign of terror carried out by Iran and Hezbollah".
US President Barack Obama said the United States "will stand with our allies, and provide whatever assistance is necessary" to catch the perpetrators of what he called a "barbaric terrorist attack".
The diplomatic Quartet on the Middle East peace process -- the European Union, Russia, the United Nations and United States -- branded the attack as "brutal" and an "act of cowardice" against innocent victims.
The UN Security Council said in a statement it "condemned in the strongest terms the terrorist attack aimed at Israeli tourists."
Iran's state television said Israel's "ridiculous" accusations were "aimed at creating an anti-Iranian atmosphere" amid rising tensions over Tehran's nuclear drive which the West suspects is aimed at building the atomic bomb.
"The Zionist regime, which is responsible for terrorist acts organised in Lebanon, Palestine and against Iranian nuclear scientists... is launching baseless accusations against other countries to forget its own terrorist nature," a foreign ministry spokesman said.
The bomber struck on the 18th anniversary of an attack on a Jewish community centre in Argentina that killed 85 people and was also blamed on Iran.
On top of the condemnation, several countries have boosted security, including Cyprus and Bulgaria's neighbour Austria.
Burgas airport reopened under heavy security with all traces of the attack removed, although the bomb site remained off-limits behind police tape.
A cordon was set up around the airport building where people had to have all bags checked.
Austria, which is home to about 10,000 Jews, said it had taken extra security measures at Jewish community buildings, airports and for groups of Israelis in the country.
The bus wreckage was loaded on to a truck and taken away, along with another bus that also caught fire in the blast and which had a large blood stain down its side.
Israel and Bulgaria have good relations and the Black Sea coast has become a popular holiday spot for Israelis, with almost 140,000 visiting the country in 2011. About 13 percent of the Bulgarian population is Muslim.
View the Original article
US army members to march in gay pride parade, first time in history
CAMP PENDLETON, CALIFORNIA: The defense department on Thursday announced it is allowing service members to march in uniform in a gay pride parade for the first time in US history.
In a memorandum sent military-wide, the department said it was making an exception to its policy that generally bars troops from marching in uniform in parades unless individuals get approval from their commanders.
The defense department said it was making the exception for San Diego's Gay Pride Parade that will take place on Saturday because organizers had encouraged military personnel to march in their uniform and the event was getting national attention.
The parade last year had the largest contingency of active-duty troops participate before the military lifted its ban on openly gay service members. Last year, participants wore T-shirts with their branch name.
The Pentagon said the exception is only for this year's parade in San Diego and does not extend beyond that.
San Diego Pride executive director Dwayne Crenshaw called it an historic moment.
"San Diego Pride is honored to have the privilege of celebrating our country and our service members with dignity and respect," he said. "The fight for equality is not over, and it is not easy, but this is a giant leap in the right direction."
The exception came after several service members wanting to participate in the parade were told they could not do so in uniform. Others were granted permission by their commanding officers.
"I think many people thought after 'Don't Ask, Don't Tell' was gone, discriminatory things would be eradicated," said former sailor Sean Sala, who led the campaign to have troops in uniform in the parade. "But now these parades have become a very sticky subject as far as commanders using their own discretion because they are showing either a bias toward a pride parade, or the right view, which this is about recognizing who people are."
Sala says more than 300 service members have signed up to participate this year. It was unclear how many will wear their uniform.
The defense department said in its message to the service members that they should adhere to policy regarding behavior while wearing their uniforms.
Service members in uniform cannot appear to endorse or selectively benefit groups or individuals, provide a platform for a political message, or appear to be commercially sponsored. They also must ensure their presence in uniform is not intended to increase sales and business traffic.
View the Original article
In a memorandum sent military-wide, the department said it was making an exception to its policy that generally bars troops from marching in uniform in parades unless individuals get approval from their commanders.
The defense department said it was making the exception for San Diego's Gay Pride Parade that will take place on Saturday because organizers had encouraged military personnel to march in their uniform and the event was getting national attention.
The parade last year had the largest contingency of active-duty troops participate before the military lifted its ban on openly gay service members. Last year, participants wore T-shirts with their branch name.
The Pentagon said the exception is only for this year's parade in San Diego and does not extend beyond that.
San Diego Pride executive director Dwayne Crenshaw called it an historic moment.
"San Diego Pride is honored to have the privilege of celebrating our country and our service members with dignity and respect," he said. "The fight for equality is not over, and it is not easy, but this is a giant leap in the right direction."
The exception came after several service members wanting to participate in the parade were told they could not do so in uniform. Others were granted permission by their commanding officers.
"I think many people thought after 'Don't Ask, Don't Tell' was gone, discriminatory things would be eradicated," said former sailor Sean Sala, who led the campaign to have troops in uniform in the parade. "But now these parades have become a very sticky subject as far as commanders using their own discretion because they are showing either a bias toward a pride parade, or the right view, which this is about recognizing who people are."
Sala says more than 300 service members have signed up to participate this year. It was unclear how many will wear their uniform.
The defense department said in its message to the service members that they should adhere to policy regarding behavior while wearing their uniforms.
Service members in uniform cannot appear to endorse or selectively benefit groups or individuals, provide a platform for a political message, or appear to be commercially sponsored. They also must ensure their presence in uniform is not intended to increase sales and business traffic.
View the Original article
Encounter between CRPF and Naxals in Maharashtra
GADCHIROLI: An encounter broke out between CRPF jawans and Maoists in Kaneri forest in Dhanora taluka of the district on Friday.
The firing between the two sides began at around 7.30am, police said.
Acting on a tip-off that there was a Naxal hideout in the forest area, jawans of CRPF 192 battalion rushed to the site.
On seeing the forces, the ultras started firing at them and in retaliation police also opened fire.
According to latest reports, police say Naxals have fled the area and the firing has stopped.
A search operation is on in the area.
View the Original article
The firing between the two sides began at around 7.30am, police said.
Acting on a tip-off that there was a Naxal hideout in the forest area, jawans of CRPF 192 battalion rushed to the site.
On seeing the forces, the ultras started firing at them and in retaliation police also opened fire.
According to latest reports, police say Naxals have fled the area and the firing has stopped.
A search operation is on in the area.
View the Original article
Thursday, July 19, 2012
US House votes to cut USD 650mn in military aid to Pak
WASHINGTON: In a latest jab at Pakistan by the US, the House of Representatives has unanimously voted to cut American military aid to Islamabad by USD 650 million as Republicans sought to tamp down demands for deeper reductions.
The amendment to cut the aid, which was proposed by Republican Congressman Ted Poe, passed on the floor in a voice vote. Poe had demanded a USD 1.3 billion cut, but settled for the 650 million cut. It will now go to Senate for approval.
"Pakistan is the 'Benedict Arnold' to America in the war on terror. They are disloyal, deceptive and a danger to the United States," said Poe, a member of the House Foreign Affairs Committee.
"This so-called ally continues to take billions in US aid, while funding the militants who attack us. And we've kept the money flowing. It's time we turn off the tap," Poe said.
The State Department, however, refused to comment on the development, saying that since the legislative process was ongoing, he would not have any particular reaction.
"We continue to consult with Congress, but I don't have any particular reaction to ongoing legislative debate," said State Department spokesman Patrick Ventrell.
"We continue to, obviously, support our Pakistani counterparts in key areas like counterterrorism, but I don't have a particular reaction to ongoing legislative debate," Ventrell told reporters.
"By continuing to provide aid to Pakistan, we are funding the enemy, endangering Americans and undermining our efforts in the region. We don't need to pay them to betray us; they are already doing it for free," said Poe.
The passage of the amendment comes at a fragile time for relations between the US and Pakistan, which only recently overcame differences that led Pakistan closing down a critical supply route into Afghanistan that had cost the United States about USD 100 million in additional war costs.
View the Original article
The amendment to cut the aid, which was proposed by Republican Congressman Ted Poe, passed on the floor in a voice vote. Poe had demanded a USD 1.3 billion cut, but settled for the 650 million cut. It will now go to Senate for approval.
"Pakistan is the 'Benedict Arnold' to America in the war on terror. They are disloyal, deceptive and a danger to the United States," said Poe, a member of the House Foreign Affairs Committee.
"This so-called ally continues to take billions in US aid, while funding the militants who attack us. And we've kept the money flowing. It's time we turn off the tap," Poe said.
The State Department, however, refused to comment on the development, saying that since the legislative process was ongoing, he would not have any particular reaction.
"We continue to consult with Congress, but I don't have any particular reaction to ongoing legislative debate," said State Department spokesman Patrick Ventrell.
"We continue to, obviously, support our Pakistani counterparts in key areas like counterterrorism, but I don't have a particular reaction to ongoing legislative debate," Ventrell told reporters.
"By continuing to provide aid to Pakistan, we are funding the enemy, endangering Americans and undermining our efforts in the region. We don't need to pay them to betray us; they are already doing it for free," said Poe.
The passage of the amendment comes at a fragile time for relations between the US and Pakistan, which only recently overcame differences that led Pakistan closing down a critical supply route into Afghanistan that had cost the United States about USD 100 million in additional war costs.
View the Original article
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