Tuesday, October 4, 2011

Six In The Morning


Eurozone delays decision on next Greek payout

Eurozone finance ministers have delayed a decision on giving Greece its next instalment of bailout cash.

It came after Greece said it would not meet this year's deficit cutting target, sending shares lower on Monday.
A meeting set for 13 October, when finance ministers had been expected to sign off the next Greek loan, has now been cancelled, says BBC Europe correspondent Chris Morris.
As a result, Greece may not get its next loan tranche until November.

Echoes of '68 as protests spread from Wall Street


The Irish Times - Tuesday, October 4, 2011
LARA MARLOWE in Washington
Demonstrators dress up as zombies and eat Monopoly money in New York
THE “OCCUPY Wall Street” movement may have reached a turning point with the arrest of more than 700 demonstrators on Brooklyn Bridge on October 1st.
As they continue into a third week, the protests, which were initially ignored by mainstream US media, are making newspaper and television headlines.
In a seeming throwback to 1968, the protests appear to be spreading across the US and overseas. Folk guitar-playing, hippie-style clothing and communal living add to the impression of historical deja-vu.

Yemen power vacuum brings al-Qaeda nearer



Laura Kasinof
October 4, 2011
SANAA: Despite the death of Anwar al-Awlaki, the Yemeni-American cleric who served as a propagandist for aspiring jihadists, Yemen's battle against al-Qaeda is far from complete.
Security forces fought at the weekend against Islamic militants who control large swaths of territory in the restive south. In Zinjibar, a city captured in May by Islamic fighters linked to al-Qaeda, about 25 militants and 20 soldiers were killed in fighting at the weekend, local security officials said.
Grap

Government under siege for 'weakness' on Dalai Lama

 CAPE TOWN, SOUTH AFRICA - Oct 04 2011

"Even though China is our biggest trading partner, we should not exchange our morality for dollars or yuan," the trade union federation's Western Cape leader Tony Ehrenreich told a candlelight vigil outside Parliament.

"It is completely inappropriate and discriminatory that the Dalai Lama should be denied access. Our democracy is founded on diversity, imperfect as it is."

Ehrenreich said South Africans wanted to see the rights of the Tibetan spiritual leader respected and warned: "The government must not act against the will of the people because then you are no longer acting on our behalf."

Somalia famine revives debate: is it acceptable to patent aid?

Somalia's famine has boosted demand for the malnutrition treatment Plumpy'nut. But a patent curtails production – and has sparked intense debate over balancing business interests with humanitarian need.

By Ariel ZirulnickStaff writer

In Providence, R.I., a small factory is running 21 hours a day, six days a week, to meet the intense demand for Plumpy'nut, a candylike paste that has been heralded as a game changer for treating the kind of severe malnutrition racking Somalia and other drought-stricken areas.
But even with Edesia's expanded hours, churning out what is essentially peanut butter pumped full of nutrients, there isn't enough Plumpy'nut – or its generic equivalents, known collectively as ready-to-use therapeutic foods (RUTFs) – to meet the demand inEast Africa, let alone help feed the estimated 20 million children worldwide who are extremely malnourished.
FOREIGN EXCHANGE

A hip street in Sao Paulo, Brazil, moves to a different beat

Clubs with live music have woken up Rua Augusta, where rich and poor mingle and party into the morning hours. But you probably won't find samba here.


October 3, 2011
Teenagers in black jeans and hoodies sit sipping vodka on the sidewalk. At a venue down a few blocks of graffiti-covered walls, a man in a shark costume belts out rock songs. Outside a dance club, well-paid fashion designers mingle with street punks and transvestite prostitutes.

It's far from the tropical sun, sex and samba image of Brazilthat looms large in the mind of tourists.

Rapid change is gripping Brazil, especially Sao Paulo, the largest city in South America and the most expensive in the Western Hemisphere. 


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