Nepal – the country of the Buddha and the Mt. Everest

Peace comes from within. Do not seek it without – Buddha

Posts Tagged ‘Sarkozy’

French police raid home of former president Nicolas Sarkozy

Posted by Ram Kumar Shrestha on July 4, 2012

Former French president Nicolas Sarkozy (AFP Photo/Lionel Bonaventure)

Former French president Nicolas Sarkozy (AFP Photo/Lionel Bonaventure)

Police officers have carried out a number of raids in Paris – on the villa Nicolas Sarkozy shares with his wife Carla Bruni, on the law offices of the former president’s attorneys and on the apartment provided to him by the government.

Judge Jean-Michele Gentil and financial police searched the Sarkozys’ villa Montmorency, located in the French capital’s most luxurious district, the offices of Arnaud, Claude and Associates, in which Sarkozy is a shareholder, and an apartment given to the former president by the government.

The raids are reportedly linked to a campaign finance corruption scandal involving billionaire L’Oreal heiress Lilian Bettencourt.

Bettencourt, France’s richest woman, is alleged to have illegally contributed two payments of 400,000 euros each to Mr Sarkozy’s 2007 election campaign, despite the fact the legal limit on individual donations being 4,600 Euro.

Both were traced to Swiss accounts, and one was allegedly received by Sarkozy in person in Paris, in return for offering the cosmetics magnate  tax breaks once he came to power.  Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , , , , , , , , | Leave a Comment »

G-8 or G-Zero? Why the West No Longer Sets the Global Agenda

Posted by Ram Kumar Shrestha on May 20, 2012

Mark Wilson / Getty Images

MARK WILSON / GETTY IMAGES
G8 foreign ministers (L-R), Koichiro Gemba of Japan, Guido Westerwelle of Germany, Sergei Lavrov of Russia, British Foreign Secretary William Hague, US Secretary of State Hillary Clinton, Alain Juppe of France, John Baird of Canada, Giulio Terzi Di Sant’Agata of Italy, and Catherine Ashton of the European Union, pose for a group photo on April 11, 2012 in Washington, DC. Secretary Clinton hosted this year’s G8 Foreign Ministers conference at the Blair House

The spectacle of some of the most powerful leaders in the world gathering at Camp David on Friday for the G-8 summit and then for this weekend’s NATO anniversary in Chicago won’t disguise the fact that things seem to be gradually falling apart. These once mighty symbols of international leadership appear almost paralyzed before the tides of economic, financial and political change. The opening of William Butler Yeats’ 1921 poem that found the best devoid of conviction and the worst filled with passionate intensity reads as if crafted as an elegant introduction to an analysis of the global political moment.

(MORE: The G8 Summit at Camp David: This Time, It’s Important)

The G-8 convenes as the euro zone is threatening to unravel, most immediately in the showdown over Germany’s insistence that Greece either swallow the toxic austerity medicine that could kill its economy or see itself banished from the euro zone, potentially triggering global financial losses on the order of $1 trillion. But the forum is unlikely to settle the fate of Greece, much less the underlying tension over policies of austerity to cut spending debt and stimulus policies to revive growth.

When the G-7 was founded in the 1980s its goal was to gather the leaders of the world’s most successful, dynamic economies to plot pathways to further prosperity. Russia was later added to its guest list as a reward for casting off communism rather than as a vote of confidence in its economy. But today, confidence in the group is low. Few seem to believe that the leaders of the U.S., Japan, Germany, France, Britain, Italy and Canada are equipped to tackle the problems facing the world economy. (They effectively admitted their limitations in 2008 when a far wider forum, the Group of 20 — which included the major emerging economies such as China, India, Brazil, Turkey and others — to tackle the global financial meltdown.) Read the rest of this entry »

Posted in Article | Tagged: , , , , , , , , , , , , , , , , , , , | Leave a Comment »

France Elections: Sarkozy Gaddafi Donation Claim Weighs On French President’s Campaign

Posted by Ram Kumar Shrestha on April 29, 2012

By BY ANGELA CHARLTON AP

Sarkozy Gaddafi Donation

PARIS — French President Nicolas Sarkozy on Sunday fiercely rejected reports that he was offered campaign funding from late Libyan leader Moammar Gadhafi, as new challenges piled up for Sarkozy a week before France’s presidential runoff.

Sarkozy also rebuffed leftist critics who compared his campaign rhetoric to that of France’s Nazi collaborators, as ugly wartime memories surfaced in what has been a particularly bitter presidential race.

Polls predict Sarkozy will lose the May 6 runoff to Socialist Francois Hollande, who promises government-funded jobs programs and higher taxes on the rich – pledges that resonate with a recession-weary electorate.

The campaign funding allegation originates from a year-old claim by Gadhafi’s second son, Seif al-Islam Gadhafi, that Libya financed Sarkozy’s 2007 presidential bid. The allegation came as Sarkozy was campaigning for international airstrikes against Gadhafi’s forces to stop his crackdown on Libyan rebels.

Although no evidence has emerged that the funding ever took place, French website Mediapart reported Saturday that it had obtained a 2006 Libyan document signed by Gadhafi’s then-intelligence chief Moussa Koussa with an offer by the regime to spend (EURO)50 million on Sarkozy’s campaign. Read the rest of this entry »

Posted in Article | Tagged: , , , , , , , , , , , , | Leave a Comment »

The Euro – Going From Bad to Worse

Posted by Ram Kumar Shrestha on April 27, 2012

By Sir Christopher Meyer, Former British Ambassador to the United States and Germany, former Chairman of the Press Complaints Commission

The markets have steadied a bit after their loss of nerve on Monday. But you can’t help feeling that it is a bit like a climber, sliding down a glacier to his inevitable doom, who breaks his fall for a while on a crumbling ledge that soon will give way.

Things in Euroland have taken a bad turn for the worse – and it’s the politics, stupid. It is not just the uncertainty about the second round of French presidential elections on 6 May. François Hollande, the Socialist leader, will probably win, because it will be easier for him than for Nicolas Sarkozy to pick up votes from those whose candidates were knocked out in the first round. But the energetic Sarko should never be underestimated. He is pitching his campaign hard to gain votes from the hard Right supporters of Marine Le Pen. Herein lies the problem for the euro and for Germany.

It almost doesn’t matter who wins the election. The fiscal compact agreed in principle by 25 out of 27 European leaders in January – “a kind of German straitjacket for the fiscally wayward”, to quote Stephen King, group chief economist of HSBC – is Angela Merkel’s pride and joy, her answer to all the eurozone’s difficulties. Typically, like the euro itself, it has been designed to make everyone more like Germany. Hollande has already made it a plank of his campaign to renegotiate the compact. Meanwhile, as Sarkozy moves ever rightwards, striking a strongly nationalist tone (and risking the estrangement of centrist voters), he puts himself increasingly at odds with a compact designed to create greater fiscal union on German terms. If Sarko wins, it is hard to see how Merkozy, never the warmest of unions, can simply pick up where they left off. Read the rest of this entry »

Posted in Article | Tagged: , , , , , , , , , | Leave a Comment »

The Beginning of the End

Posted by Ram Kumar Shrestha on April 23, 2012

By Anne Sinclair, Editorial Director, Le Huffington Post

The combination of Hollande/Sarkozy in the final round comes as no surprise. But that Nicolas Sarkozy ranked second behind Francois Hollande with just 24.4 percent of the vote (according to Ipsos estimates) is a nightmare for the man who received 31.2 percent in the first round of the 2007 elections. This is also the first time since the beginning of the Fifth Republic that the outgoing president has trailed his challenger in the first round. This is more than a disavowal; it’s a rejection. This is the beginning of the end of a mandate the French people hope to visibly put down.

Little remains for Nicolas Sarkozy to hope to prevail. The voter participation rate was at 80 percent today, which is closer to what it was in 2007 than in 2002. It comes as a surprise to those who had expected it to be much lower. And a speech by Nicolas Sarkozy aiming to mobilize voters would fall flat.

Marine Le Pen, who has tried to stick to social issues, has done a much better job than her father, receiving an unprecedented 20.1 percent of the vote, thanks to her return to the Front National’s basic themes: immigration and the fear of others. Her electorate will be divided at best into three pieces at: one half for Sarkozy, one quarter for Hollande, and one quarter who will stay at home on May 6. And this is where we may end up seeing a surprise. Read the rest of this entry »

Posted in Article | Tagged: , , , , , , | Leave a Comment »

Eurozone Debt Crisis: European Leaders Reach Agreement Over Greek Debt

Posted by Ram Kumar Shrestha on October 27, 2011

 
One step (agreement­) to sort out the Euro debt crisis appeared, however; another and more important step (implement­ation of the agreement) to be faced:

European leaders have reached a three-pronged agreement to resolve the eurozone debt crisis, including a deal that will halve Greek debt.

World stocks and the euro rose to their highest levels in nearly two months after the announcement of the deal on Thursday morning.

Banks were major gainers as European stock markets rose to hit three month highs on Thursday. The Dow Jones Stoxx Banks index, which aggregates the performance of European banks, was up nearly 5% in early trade. The German Dax and French CAC40 rose by 3.8% and 3.6% respectively.

Athens will also receive another bailout of around €100bn, scheduled to be released in early 2012, while the overall bailout fund will be increased to €1tn (£872bn).

Read the Article at HuffingtonPost

Posted in Global | Tagged: , , , , , , , | Leave a Comment »

After a U.N. Moment of Truth, Obama Will Struggle to Restore a Broken Mideast Peace Process

Posted by Ram Kumar Shrestha on September 28, 2011

by 

Perhaps nobody told President Barack Obama that last week’s United Nations showdown over Palestinian statehood was

Palestinians watch their President Mahmoud Abbas on TV as he delivers his speech at the United Nations during the General Assembly on September 23, 2011 in Ramallah, West Bank. (Photo: Uriel Sinai / Getty Images)

the proverbial “Emperor’s New Clothes” moment for his Mideast peace effort. U.S. officials are, this week, once again trying to herd the Palestinians back into the same unconditional talks that President Mahmoud Abbas had declared pointless and unacceptable all of last week. And, as if to amplify Abbas’ objection to talking while the Israelis continue to expand their grip on the occupied territories, Israel on Tuesday announced the construction of 1,100 new homes in the Gilo settlement the same day that its government accepted negotiating terms (coordinated with Israel) that were laid out last Friday by the Quartet — the U.S. and a backing vocal section comprising the EU, Russia and the U.N. Secretary General. Business as usual, in other words, from Washington’s side. But Abbas’ U.N. speech stated unambiguously that the Palestinians are no longer willing to indulge the illusion that open-ended talks while settlements continue to expand is doing anything to resolve the conflict.

“It is neither possible, nor practical, nor acceptable to return to conducting business as usual, as if everything is fine,” Abbas had told the U.N. “It is futile to go into negotiations without clear parameters and in the absence of credibility and a specific timetable. Negotiations will be meaningless as long as the occupation army on the ground continues to entrench its occupation, instead of rolling it back, and continues to change the demography of our country in order to create a new basis on which to alter the borders.”

The pablum served up Tuesday by State Department spokesman Victoria Nuland, however, suggests the U.S. has chosen, once again, to ignore Abbas. Saying the U.S. is “deeply disappointed” by the Israelis decision to build in Gilo, Nuland added, “We consider this counterproductive to our efforts to resume direct negotiations between the parties, and we have long urged both parties to avoid actions which could undermine trust… That doesn’t change the fact that we believe that the only way to get to two states living side by side in peace, in security, is through direct negotiations… and we are urging both parties to take advantage of the proposal that the Quartet put forward last Friday to come back to the table.” Read the rest of this entry »

Posted in Article | Tagged: , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Palestinian Statehood: Abbas Submits Formal Proposal To The UN

Posted by Ram Kumar Shrestha on September 23, 2011


Peace is unavoidabl­e.
Read the Article at HuffingtonPost

Posted in Global | Tagged: , , , , , , , , , , | Leave a Comment »

Civilian deaths in Libya: who’s killing who?

Posted by Ram Kumar Shrestha on September 18, 2011

In Libya, where NATO-backed NTC forces are attempting to wipe out the last remaining pro-Gaddafi strongholds, civilians are still being killed but normally-vocal countries backing a UN resolution to protect them have gone strangely quiet.

British Prime Minister David Cameron and French President Nicolas Sarkozy paid a visit this week to survey their handiwork. The first heads of state to visit Tripoli since the city fell to rebel forces say their countries’ work in spearheading the NATO intervention is not yet done. Read the rest of this entry »

Posted in Global | Tagged: , , , , , , , , , , , , , , | Leave a Comment »

Eurozone Running Of Time As Economists Run Out Of Metaphors

Posted by Ram Kumar Shrestha on August 18, 2011


Result of interest conflict and problems in each country.
Read the Article at HuffingtonPost

Posted in Global | Tagged: , , , , , , , , | Leave a Comment »

French Protesters Have It Right: No Need to Raise Retirement Age

Posted by Ram Kumar Shrestha on October 21, 2010

UK also changed retirement age from 65 to 66, but nothing happened here, but in France lots of terrible demonstrations.
Read the Article at HuffingtonPost

Posted in International | Tagged: , , , , , , , | Leave a Comment »

 
%d bloggers like this: