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Everything posted by Bumper64

  1. By Prashant Rao (AFP) – 7 hours ago BAGHDAD — Full results from Iraq's elections are due on Friday amid a tight race between Prime Minister Nuri al-Maliki and his main rival Iyad Allawi and fears of a nascent political crisis. Nearly three weeks after the March 7 parliamentary polls, the national election commission is set to release complete results, with the prolonged counting process fuelling allegations of fraud and vote manipulation. The results come around five months before the United States is due to withdraw all of its combat troops from Iraq, and Washington will be keen to see a smoo
  2. The Associated Press Friday, March 26, 2010; 6:36 AM BAGHDAD -- Iraq's electoral commission insisted it will announce full election results as scheduled Friday, despite calls for a delay amid fears of violence over the tight race. Earlier results, based on 95 percent of ballots counted, showed Prime Minister Nouri al-Maliki's mainly Shiite bloc facing a virtual tie with the alliance led by former prime minister Ayad Allawi, who has garnered heavy Sunni support. The tightness of the race sets the stage for protracted political wrangling over forming a new government that could spark new fig
  3. Thu Mar 25, 2010 9:33pm Fan Gang says China may resume "managed float" * Stresses that China's employment situation a key concern * Acknowledges Beijing could also weigh int'l factors (Adds details, background) BEIJING/SHANGHAI, March 26 (Reuters) - China could move again to greater flexibility in its currency regime but needs to take domestic factors such as employment into account when deciding whether to do so, a central bank adviser said in remarks published on Friday. In an op-ed article titled "Toying with yuan won't help us," Fan Gang, the only academic member of the People's Bank of Ch
  4. Washington Post Foreign Service Friday, March 26, 2010 Pressure is mounting on the Obama administration to take action against China for undervaluing its currency, with business leaders, economists and other analysts citing the issue as emblematic of a broader tension developing in one of the world's central trading relationships. The Treasury Department on April 15 will issue a semiannual report on the management of currencies around the world in which it will have to decide whether China manipulates its exchange rates "for purposes . . . of gaining unfair competitive advantage in internat
  5. Friday, March 26, 2010 BAGHDAD -- The man who was widely derided as an American puppet when he stepped down as prime minister five years ago has become a leading contender for Iraq's top job based on his strong showing in this month's elections among a group that lost more than any other with the U.S.-led invasion. Ayad Allawi, a secular Shiite known for his willingness to use brute force when necessary, has returned to the center of Iraqi politics after receiving millions of votes from Sunni Arabs, a minority that has felt marginalized since Sunni dictator Saddam Hussein was toppled in 2003
  6. Thursday 25 March 2010 22.31 GMT After three laborious weeks of counting and foreboding rhetoric, Iraq finally faces its electoral day of reckoning on Friday night, with a result expected in a national poll that is tipped to spark renewed instability on the eve of the planned US withdrawal. Both key players in the agonisingly close 7 March poll have vowed not to accept the result if they lose, in a clear sign that the winner faces a tough battle to claim a mandate to rule Iraq, which remains deeply divided, despite parts of its war-weary society now starting to function again. The prime minis
  7. Washington Post Foreign Service Thursday, March 25, 2010 Treasury Secretary Timothy F. Geithner said Wednesday that the United States "can't force" China to change its currency policies, as debate continues over whether the Obama administration will take action against Beijing as part of an assessment next month about how it sets its exchange rates. Geithner said he thought the Chinese would take action on their own to allow the yuan to gain in value, fixing a misalignment some argue is a deliberate effort by China to keep its goods cheap on world markets. "I think it is quite likely they
  8. Thursday, 25 March 2010 The head of Iraq's election commission has ruled out a manual recount of all the votes in the country's parliamentary election. This comes the day before overall election result is due to be released. Commission head Faraj al-Haydari told the BBC that no political party has shown any evidence that such a recount was needed. Supporters of incumbent Prime Minister Nouri Maliki have staged protests calling for a recount. Mr Maliki is in a tight race with his main rival, the former Prime Minister Iyad Allawi. When he made the demand, Mr Maliki's language warning of threa
  9. March 24, 2010, 10:49 AM EDT March 24 (Bloomberg) -- Iraqi Prime Minister Nouri al- Maliki is close to reviving an alliance with former Shiite Muslim rivals that may create the biggest bloc in the newly elected parliament, a political ally of the premier said. An accord between al-Maliki
  10. March 24, 2010, 9:14 AM EDT March 24 (Bloomberg) -- Chinese executives are joining U.S. President Barack Obama in backing a stronger yuan, even as Premier Wen Jiabao says the currency isn
  11. BAGHDAD (Reuters) - Iraq's two main Shi'ite political blocs, one led by Prime Minister Nuri al-Maliki and another whose leaders have close ties to Iran, are discussing a merger that could widen Iraq's sectarian divide. A union between Maliki's State of Law and the Iraqi National Alliance, two of the top three vote-getters in Iraq's March 7 parliamentary election, could sideline secularist former premier Iyad Allawi, whose cross-sectarian Iraqiya coalition won strong support from minority Sunnis. A merger could also push aside Maliki, who wants another term at the helm. One of INA's major compo
  12. WASHINGTON, March 23 (Reuters) - Two U.S. senators said on Tuesday they would push for quick action on a bipartisan bill aimed at making China raise the value of its currency. Senator Charles Schumer, a New York Democrat, said he wanted a vote on the bill by the end of May regardless of whether President Barack Obama's administration has formally labeled China a currency manipulator in an April 15 report. Senator Lindsey Graham, a South Carolina Republican, said he agreed quick congressional action was needed because the pace of China's currency reforms have been so slow. Both senators said th
  13. BEIJING, March 23 (Reuters) - Offshore forwards markets expect the yuan to rise just little more than 2 percent in the next year, but when China eventually scraps its currency's 20-month-old peg to the dollar it will trigger feverish speculation over the longer-term consequences for markets and the global economy. Exchange rates do not rise and fall in a vacuum. A lot depends on whether China tweaks other policies at the same time and how the rest of the world responds. But, on the heroic assumption that other things remain equal, here is the impact yuan appreciation might have in various area
  14. I agree also.... Thank You Adam!
  15. March 23 (Bloomberg) -- Chinese stocks traded in Hong Kong will underperform yuan-denominated shares across the border this year as the central government allows the currency to resume its appreciation against the dollar, according to BNP Paribas. Chinese companies
  16. Maliki: What matters the government to maintain transparency and integrity of the election PM 6:47:34 3/22/2010 Iraq Constitution Prime Minister Nuri al-Maliki: What matters the government is to maintain the integrity and transparency of the elections for the Iraqi public opinion and all the rival blocs. He said al-Maliki during a meeting with a representative of the Secretary-General of the United Nations Ed Milcard the need for hand sorting and new mechanisms to exclude any potential for suspicion and the impact on reputation of the elections. During the meeting discussing the affairs of the
  17. Iraqi affairs in the international press - Al Qaeda's statements reveal a flagrant lie bankrupt in Iraq 3/22/2010 5:00:59 PM From Le Jour newspaper Rua French Translation net Yasiri Can now say with certainty that the election March 7, 2010 Iraq had shown the victory of the Iraqis to al-Qaeda threatened to blow up the ballot and the targeting of voters threatened by all means and weapons through a process dubbed (Fez Hebron), referring to the process of breaking down the idols carried out by God's prophet Abraham considering that the democratic process in Iraq had carried out according to th
  18. 5:05:44 PM 3/22/2010 Iraq Constitution Of the company has one of the cotton industry companies and the Ministry of Industry and Minerals during the month of February sales totaling more than (1.173) billion and one hundred and seventy-three million. The director of the company Sabri Abdel Amir said sales included the company's various products of tents, cotton and gauze medical, indicating " that the recent period witnessed the arrival of machine "roll gauze" The Machine "short muslin" of Turkish origins to the company as the machine was first installed and working Jaraly machine inserted into
  19. Suggests Grand Coalition Government Remains Possible, if Maliki Changes by Jason Ditz, March 22, 2010 Former Iraqi Prime Minister Ayad Allawi today vowed that the process for forming a government would not be a quick one, and that his Iraqiya faction would prevent the return to the
  20. Published: March 22, 2010 The two top American officials in Iraq met Monday with Prime Minister Nuri Kamal al-Maliki after his endorsement over the weekend of a recount in the parliamentary elections incited fears of a political crisis in a country not accustomed to peaceful transfers of power. In the political vacuum created by the delay in the tally of the March 7 vote, suspicions have run deep that fraud and political tampering could cast doubt on the validity of the elections. But American diplomats said they were assured that there was no crisis, after conversations between Mr. Maliki an
  21. Some Dream material for everyone!! SINGAPORE (Reuters Life!) - The days of vintage Mediterranean style are back in force, and here are the places where it all began, with website AskMen coming up with a list of top towns bordering the sea that have become the playgrounds of the rich and famous. Lifestyle | Italy This list is not endorsed by Reuters. 1. Portofino, Italy Portofino is the golden child of the Italian Riviera, one of the most beautiful locations in the world and the playground for everyone from Brigitte Bardot in the '60s to Berlusconi. Hotel Splendido, which remains intact and f
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