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G20 finance chiefs back Europe bank rescue

Author: 1 от 17-10-2011, 11:06
NEW YORK (CNNMoney) -- Finance ministers from the world's largest economies pledged Saturday to take "all necessary actions" to stabilize global financial markets and ensure that banks are well capitalized.

"We will ensure that banks are adequately capitalized and have sufficient access to funding to deal with the current crisis," the Group of 20 finance ministers said in a statement issued after a two-day meeting in Paris.

The meeting comes as officials in Europe move closer to an agreement on a comprehensive plan to secure the banking system and resolve Europe's long-standing sovereign debt problems.

The plan, outlined by European Commission president Jose Manuel Barroso last week, will be discussed in detail at a meeting being held by the European Council in Brussels on Oct. 23.

"We heard encouraging things from our European colleagues in Paris about a new comprehensive plan to deal with the crisis on the continent," said U.S. Treasury Secretary Tim Geithner in a statement.

Geithner added that European leaders "clearly have more work to do on the strategy and the details."

But he sounded optimistic about the support the plan has received from Europe's two largest economies. "When France and Germany agree on a plan together and decide to act, big things are possible," he said.
Europe: Many hurdles, little time

European leaders have been under pressure to decisively resolve the debt crisis in Greece and increase the firepower of a recently overhauled bailout fund to provide a stronger "backstop" for other euro area nations struggling with unsustainable levels of debt, such as Italy and Spain.

The 27-nation European Union has also been grappling with the threat of a banking crisis, amid fears in financial markets that banks do not have enough capital to withstand the shock of a contagious sovereign debt crisis.

The G20 ministers welcomed the recently approved overhaul of the European Financial Stability Facility, which now has power to intervene in the sovereign debt market and loan money to governments that need to recapitalize banks.

The EFSF is still widely seen as needing additional "leverage" to address both the sovereign debt and banking crisis simultaneously.

EU officials are expected to discuss ways to give the €440 billion fund greater "firepower" at a meeting later this month, but increasing the amount of money the fund controls has been ruled out.

Mladic back in court after Croatia suspect pleads not guilty

Author: 1 от 30-08-2011, 19:18
Mladic back in court after Croatia suspect pleads not guilty

(CNN) -- Bosnia genocide suspect Ratko Mladic is back in court Thursday for a procedural hearing, a day after Goran Hadzic -- the last Yugoslav war crimes suspect at large until his arrest last month -- pleaded not guilty to crimes against humanity at the International Criminal Tribunal for the former Yugoslavia.

Mladic, the highest profile Yugoslav war crimes suspect until his capture earlier this year, is accused of responsibility for the killing of nearly 8,000 Bosnian Muslim men and boys at Srebrenica in 1995, the single largest mass slaughter in Europe since World War II.

He has been a combative figure at the ICTY, the United Nations-backed court set up to try war crimes suspects from the wars that followed the dissolution of Yugoslavia in the early 1990s.

The Thursday hearing is a status conference as preparations for his trial continue.
Hadzic, an ex-Croatian Serb rebel leader who had been a fugitive for seven years, was captured in Serbia on July 20.

The former president of a self-proclaimed Serbian republic in Croatia, Hadzic is accused of trying to remove Croats and other non-Serbs from the territory and the "extermination or murder of hundreds of Croat or other non-Serb civilians," among many other crimes, according to the tribunal.

Arabian oryx back from brink of extinction

Author: 1 от 30-08-2011, 16:38
Dubai (CNN) -- Forty years ago the Arabian oryx was extinct in the wild.

Today this large antelope, native to the Arabian peninsula, is back from the brink with 1,000 animals across five Middle Eastern countries, thanks to a breeding program and series of re-introductions.

It is an unprecedented conservation success story, according to the International Union for the Conservation of Nature (IUCN), which recently re-classified the Arabian oryx from "endangered" to "vulnerable."

The organization said it was the first time that a species which was once "extinct in the wild" has improved in status by three full categories out of six on its Red List.

The conservation organization said it is believed that the last remaining wild individual was shot in Oman in 1972.

Thabet Zahran Al Abdessallam, of the Environment Agency, Abu Dhabi, said: "Hunting was the principal reason, but of course the loss of habitat due to the development and population increases (is) another reason. Now after the re-introduction into the wild, poaching is a threat."

Operation Oryx, which included the World Wildlife Fund and Phoenix Zoo, in the United States, was set up in 1962 to establish a herd in captivity -- comprising the last remaining animals and those in royal collections -- to prepare to reintroduce them into the wild. The first re-introduction of 10 animals was in Oman in 1982, and it was subsequently extended to Saudi Arabia, Israel, the United Arab Emirates and, most recently, Jordan.

Re-introductions in Kuwait, Iraq and Syria have also been proposed, according to the IUCN.

The animals were introduced to the United Arab Emirates 10 years ago, and the Al Maha Desert Resort, established in 2004, now has at least 450 oryx.

Al Abdessallam said: "We have formed an Oryx Conservation Group covering the original countries, and we are cooperating.

"United Arab Emirates is in the forefront. We have been responsible in the past few years (for) re-introducing them to Jordan, we have also a bilateral agreement with Syria.

HP tablet comes back to life with help of hackers, deal-seekers

Author: 1 от 30-08-2011, 11:22
 HP tablet comes back to life with help of hackers, deal-seekers


(CNN) -- For a "dead" gadget, the HP TouchPad keeps showing remarkable signs of life.

Nearly two weeks after Hewlett-Packard announced that it was discontinuing mobile devices and dramatically slashed the price of the TouchPad, customers are hunting them with renewed zeal.

The tablet has sold out, according to the company. Meanwhile, HP is considering making more of the devices -- and continuing to support them, despite the fact that independent developers are working to hack the tablets to run on Google's Android operating system, instead of the now-killed webOS.

"We have been surprised by the enthusiastic response to the TouchPad price drop, and we understand that many customers were disappointed that HP and our retail partners ran out of supply so fast," HP spokesman Mark Budgell wrote in a blog post Monday.

Like virtually every other device in its class, the HP TouchPad failed to make much of a dent in the iPad-dominated tablet market when it was released early last month.

But after HP announced August 18 that it was discontinuing mobile devices, remaining TouchPad inventory was slashed to fire-sale prices: $99 for a 16-gigabyte model and $149 for a model with 32 gigabytes of storage.

The device, which had originally sold for about $400 more, all of a sudden became one of the most sought-after item in the gadget world.

Via Twitter, Budgell let potential customers know Monday that there's no official word when, or if, HP will be making more TouchPads.

"Don't rush...no availability today," Budgell wrote.

He said there would be more information "in the next few days" on whether more of the tablets will become available.

But in an e-mail Monday, a spokeswoman described TouchPads as "temporarily out of stock."

For gadget lovers, the discounted TouchPad is a tradeoff. The assumption has been that the discontinued device won't get software updates, there will be no new apps created for it, and webOS, the operating system created by Palm and purchased by HP, will essentially become a dead platform.

But for many, a device that got largely positive reviews and was selling for $400 less than the iPad was a powerful temptation to jump into the still-emerging world of tablet computing.

"The bottom line is that the TouchPad, right now, is worth $99. Even if it never sees another ounce of code added to it, a gadget whose software soul is forever frozen in August 2011," wrote Matt Buchanan, a gadget reviewer at tech site Gizmodo. "The TouchPad is the second best tablet you can buy, at any pricepoint. It nailed all the big ideas about what a tablet should feel like".

And things could get even better.
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