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Saturday, February 22, 2014
Greece teen already a leader, mentor
Shocking Opulence Revealed As Ukraine Leader Flees Home
A vast country estate, marble-lined mansions, a private golf course and zoo: the unimaginable luxury of the private residence of departed Ukrainian President Viktor Yanukovych flung open for all to see.
As parliament voted to oust Yanukovych Saturday and he fled to a pro-Russian bastion in east Ukraine after months of bloody protest again his rule, thousands of Ukrainians wondered awestruck around the breathtaking luxury of his abandoned property some 15 kilometres (10 miles) from Kiev after it was taken by demonstrators.
"I am in shock," said retired military servicewoman Natalia Rudented, as she looked out over the manicured lawns studded with statues of rabbits and deers.
"In a country with so much poverty how can one person have so much -- he has to be mentally sick.
"The world needs to see this and bring him to justice."
Cars backed up for kilometres and a large crowd queued patiently at the imposing wrought iron front gates to get a glimpse of the former leader's lavish lifestyle -- fit for even the most ostentatious billionaire oligarch.
"Don't worry, everyone will get to go inside -- it is big enough for all of you," an opposition activist standing atop a column shouted through a loudhailer. He warned people to stay off the lawn in case of landmines and to beware of provocateurs trying to damage the place.
"Welcome to Ukraine," he said as people shuffled by.
Guarded just hours before by elite security forces, the property -- the scale of which had been kept a closely guarded secret and appears to confirm suspicions of titanic corruption -- was now under the control of anti-Yanukovych activists, patrolling the area and keeping people out of buldings to avoid looting.
According to official declarations, Yanukovych's salary as president was around $100,000 a year. The luxury of the estate clearly showed wealth far beyond that.
At the entrance a sign was hung reading: "People, do not destroy this evidence of thieving arrogance."
Inside, visitors peered with disbelief through the windows of the palatial main house at the baroque, marble-covered living rooms decorated with gold icons and suits of armour.
A few boxes strewn around on the marble floors hinted at a hurried exit.
Amused or enraged, others posed for photos in font of towering faux-Greek columns and snapped pictures on their mobile phones of the collection of rare pheasants -- imported from as far as Mongolia and Sumatra.
For kilometres, they strolled along the waterfront promenade, up to the helicopter pad or over bridges and past horse paddocks to a vast garage housing a museum of soviet military vehicles.
The complex for staff -- who were nowhere to be seen -- was itself the size of a British stately home.
- 'Where's the golden toilet?' -
"Mum, where's the golden toilet?" five-year old Ross asked as his mother led him around the edge of a floating banquet hall built to look like an Elizabethan galleon.
"I also want a pirate ship like this for myself," he said.
"Don't worry, we've already seized this one," his mother Ivanova replied.
Some of the visitors were still fresh from the violent clashes that left scores dead this week and saw central Kiev turned into a war zone.
"It makes it feel even more worth it," said Bogdan Panchyshin, a hardware store owner from the Western city of Lvov.
"If only the hundred people who died could see it, I think they'd say the same," he said, still wearing a camouflage bullet proof vest.
As they emerged, people struggled to take in the breathtaking scale of Yanukovych's wealth.
"That house, that garden, that luxury," mechanic Viktor Kovalchuk, 59, as his wife shook her head in amazement.
"It should be turned into a hospital or an orphanage or something for the people killed or injured in the protests," Kovalchuk said.
"Whatever happens it needs to be given to the people. It was built with our money after all so it should serve us in the end."
Copyright (2014) AFP. All rights reserved.
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Austria should stand by Hypo creditors: Nowotny
By Georgina Prodhan
VIENNA (Reuters) - Austria should not demand creditors of struggling state bank Hypo Alpe Adria take a "haircut" on the debt, central bank head Ewald Nowotny said, contradicting the country's finance minister.
Nowotny, who was on Friday put in charge of a task force set up to advise the government on how to wind down Hypo after its previous chief quit, said Austria's reputation was at stake if it did not stand by its obligations.
"I believe our model of how a state should behave should be, if you like, more like Germany, should be more like Holland, and not so much Greece or Cyprus," Nowotny told Austria's ORF radio in an interview broadcast on Saturday.
Finance Minister Michael Spindelegger had on Friday questioned whether investors who snapped up discounted Hypo debt "to try to make a quick buck" were worthy of protection.
Nowotny said: "When one has reached this decision in principle that a state honors its obligations, then one must recognize that this means also making payments to creditors that one personally does not agree with."
The resignation of Klaus Liebscher on Friday as head of both the Hypo task force and the bank's supervisory board piled more uncertainty on how Austria would deal with the problem of how to wind down Hypo, which it nationalized in 2009.
Nowotny said a state-owned "bad bank" was his preferred solution and one that should be put into practice as quickly as possible, but Spindelegger had said he had no favored option and again refused rule to out allowing an insolvency.
The split has highlighted market worries posed by Hypo, which Austria had to take over after a period of breakneck expansion in the Balkans pushed the bank to the brink of bankruptcy and threatened financial stability in the region.
TOP RATING
The expansion was fueled by guarantees from Hypo's home province of Carinthia, of which 12.5 billion euros ($17.2 billion) remain, posing the danger that the province would be bankrupted if Hypo were allowed to become insolvent.
Ratings agency Fitch maintained its top rating and stable outlook for Austria on Friday but said Vienna's failure to lay out a clear strategy for Hypo raised "concerns about policy coherence and credibility in the near term".
Nowotny said he estimated the winding-down of Hypo would cost Austria around 4 billion euros on top of 4.8 billion it has already provided in aid and guarantees.
And he said it would be a "sensible arrangement" if Austria's other provinces, which are nervously eyeing Carinthia's position, would contribute to the federal government some 250 million euros they collect in bank taxes.
Nowotny denied that he personally, or the central bank, which was responsible for overseeing Hypo, were to blame for what he called the "real catastrophe" of the current situation, and reiterated that he believed the auditors had failed.
"I believe the main problem was simply that many of the balance sheets weren't right and the valuations weren't right," he said. "That is a process where the central role lies with the auditors."
Deloitte , Hypo's former auditors, had rejected the accusation in an email to Reuters saying: "Deloitte is surprised by the statement of Governor Nowotny. We are convinced that we have performed the audit of Hypo Group state of the art and therefore we completely reject these allegations."
($1 = 0.7275 euros)
(Additional reporting by Michael Shields; Editing by David Holmes)
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Greece Defies Troika, Cuts Energy Costs
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The post Greece Defies Troika, Cuts Energy Costs appeared first on The National Herald.
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The post SYRIZA Blasts Health Minister Georgiadis appeared first on The National Herald.
Samaras Meets NATO Chief, Hints FYROM Will Be Blocked Admission
Just after talks in the Greek capital with NATO Secretary-General Anders Fogh Rasmussen, Prime Minister Antonis Samaras - without naming FYROM, which has been seeking entry into the alliance - that any country which wants to part of the defense umbrella has to be willing to uphold "democratic values."
The post Samaras Meets NATO Chief, Hints FYROM Will Be Blocked Admission appeared first on The National Herald.
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TNH Salutes the Presidents: “Read my lips, no new taxes!”
TNH continues its salute to the presidents for the remainder of February: Greek-Americans remember the 1988 presidential race all too well. Democratic Presidential Nominee Michael Dukakis enjoyed a summertime lead over his Republican opponent, incumbent Vice President George H.W. Bush. Bush began to gain momentum late in the season, and when Dukakis said the next […]
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The Lost Children of Alexander the Great: A Journey to the Pagan Kalash People of Pakistan
Saturday March 1
Today is Saturday, March 1, the 60th day of 2014. There are 305 days left in the year.
Highlights in history on this date:
1553 - League of Heidelberg is formed by Catholic and Protestant princes in Germany to prevent election of Philip of Spain as Holy Roman Emperor.
1562 - Some 1,200 French Huguenots are slain at Massacre of Vassy, provoking first War of Religion in France.
1692 - The Salem Witch trial begins in the American colony of Massachusetts.
1767 - King Charles III expels Roman Catholic Jesuits from Spain.
1790 - U.S. Congress authorizes the first census.
1799 - Turks and Russians complete conquest of Ionian Islands in Greece.
1815 - Napoleon Bonaparte lands in France, forcing King Louis XVIII to flee.
1829 - Brig. Gen. Juan Manuel de Rosas is sworn in as governor of Buenos Aires, rules Argentina until 1852.
1870 - War ends between Paraguay and combined forces of Brazil, Argentina and Uruguay.
1896 - Ethiopian forces defeat Italians at Adwa, northern Ethiopia, ending Italy's quest to create a substantial African colony.
1919 - Korean independence is declared in Seoul and 2 million people rally, leading to brutal Japanese repression.
1932 - The infant son of Charles and Anne Lindbergh is kidnapped from the family home near Hopewell, New Jersey.
1943 - Britain's Royal Air Force begins systematic bombing of European railway systems in World War II.
1952 - Britain returns the North Sea island of Helgoland, occupied since World War II, to West Germany.
1954 - First conference of Organization of American States opens in Caracas, Venezuela; Puerto Rican nationalists open fire in the U.S. House of Representatives, wounding five congressmen.
1961 - U.S. President John F. Kennedy establishes the Peace Corps.
1966 - Soviet Union lands one-ton spacecraft on planet Venus after three and one-half month flight.
1973 - Palestinian terrorists invade diplomatic reception in Khartoum, Sudan, and capture five diplomats.
1981 - Irish Republican Army member Bobby Sands begins a hunger strike at the Maze Prison in Northern Ireland; he dies 65 days later.
1985 - Julio Sanguinetti is sworn in as constitutional president of Uruguay, ending nine years of military rule.
1988 - South African government introduces bill to outlaw foreign funding of political activity.
1989 - U.N. General Assembly approves $416 million for U.N.'s one-year plan to free Namibia from 74 years of South African rule.
1991 - Colombia's third largest rebel group, the Popular Liberation Army, formally lays down its arms.
1992 - Muslims and Croats in Bosnia and Herzegovina vote for independence from Yugoslavia, enraging Serb nationalists.
1993 - Israeli Prime Minister Yitzhak Rabin closes the occupied Gaza Strip "for a number of days" after a Gaza Palestinian stabs to death two Israelis and wounds nine others.
1994 - Israel releases more than 500 Palestinian prisoners to coax the PLO back to peace talks.
1995 - The director of Russia's only national television network, Vladislav Listyev, is shot and killed as he enters his apartment building.
1996 - The United States approves a visa for Irish Republican Army political leader Gerry Adams.
1997 - About 5,000 neo-Nazis march through Munich to protest an exhibit on the army's involvement in World War II atrocities.
1998 - Serbian police sweep through ethnic Albanian villages in the troubled Kosovo province while the Albanians' leader appeals to the West to stop the violence. Twenty-four Albanians are killed by Serbian security forces in a few days.
1999 - Rwandan Hutu rebels, claiming they oppose American and British support of the Tutsi government in Rwanda, abduct eight foreign tourists from camps in the Ugandan rain forest and hack them to death.
2002 - U.S. space shuttle Columbia carries out a mission to repair and refurbish the Earth-orbiting Hubble Space Telescope, so that the observatory would have enough power to operate fully for the rest of its projected 20-year life.
2003 - Khalid Sheikh Mohammed, the self-described planner and organizer of the September 11 attacks is captured in Rawalpindi, Pakistan.
2004 - Exiled Haitian President Jean-Bertrand Aristide claims he was forced to leave Haiti by U.S. military forces. Aristide, in a phone interview said that he was abducted from Haiti by U.S. troops who accompanied him on a flight to the Central African Republic.
2006 - Authorities regain control of Afghanistan's most notorious prison after four days of rioting allegedly sparked by al-Qaida and Taliban convicts. Six inmates are reported killed in the revolt.
2007 - Japan's nationalist Prime Minister Shinzo Abe denies Tokyo's military forced women into sexual slavery during World War II, backtracking from a past government apology.
2008 - Prince Harry returns to Britain after his secret deployment with the military in Afghanistan was cut short after 10 weeks by disclosures in the media on Feb. 28.
2009 - Israel's Prime Minister Ehud Olmert resigns after the country's attorney general informs him that he plans to indict him on suspicion of illicitly taking cash-stuffed envelopes from a Jewish-American businessman.
2010 - Russia's president says Moscow is ready to consider new sanctions on Iran for its nuclear defiance and the chief of the International Atomic Energy Agency warns that he cannot confirm that all of Tehran's atomic activities are peaceful.
2011 - Yemen's embattled president accuses the U.S., his closest ally, of instigating the mounting protests against him, but the gambit failsed to slow the momentum for his ouster as hundreds of thousands rally in cities across the country against him.
2012 - French President Nicolas Sarkozy takes refuge from a crowd of several hundred angry protesters in a cafe, as riot police swarmed in to protect him while he campaigned in the country's southwest Basque country.
2013 - Secretary of State John Kerry wades into the controversy over comments by Turkey's prime minister equating Zionism to a crime against humanity, rebuking the leader of the NATO ally by saying such remarks complicate efforts to find peace in the Middle East.
Today's Birthdays:
Frederic Chopin, Polish romantic pianist and composer (1810-1849); Theophile Delcasse, French statesman (1852-1923); Giles Lytton Strachey, English author (1880-1932); Yitzhak Rabin, former Israeli prime minister (1922-1995); Harry Belafonte, U.S. singer/actor (1927--); Dirk Benedict, U.S. actor/director (1945--); Ron Howard, U.S. director/actor (1954--); Roger Daltrey, British singer/songwriter (1944--); Javier Bardem, Spanish actor (1969--).
Thought For Today:
If you are able to state a problem, it can be solved — Edwin H. Land, American inventor (1909-1991).
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Renzi New Italian PM – Greece is Watching
ROME (AP) — In a development whose consequences will be closely monitored in neighboring Greece, Democratic Party leader Matteo Renzi formed Italy’s new government on Friday and said his broad coalition is aiming to give the economically-stagnant country some “hope.” At 39, Renzi will become Italy’s youngest premier when he and his Cabinet are sworn […]
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Global NGOs Protest Greece ‘Attacks’
ATHENS, Greece (AP) — Three leading non-governmental organizations in Greece are protesting “unprecedented attacks” on NGOs in the country following fraud allegations involving publicly funded local groups. The Greek sections of ActionAid, Greenpeace and the World Wide Fund for Nature say NGOs should not be victimized because of some entities’ “lack of transparency and illicit aims.” Thursday’s […]
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