Showing posts with label Yield. Show all posts
Showing posts with label Yield. Show all posts

Sunday, January 26, 2014

Syria talks yield narrow deal, Assad "red line"








Haitham al-Maleh, senior member of the Syrian National Coalition (SNC), Syria’s main political opposition group, leaves a meeting with U.N. mediator Lakhdar Brahimi at the United Nations headquarters in Geneva, Switzerland, Sunday, Jan. 26, 2014. Syrians on opposite sides of their country’s civil war tried again Sunday to find common ground, with peace talks focusing on an aid convoy to a besieged city that once more came under mortar attack from the government. (AP Photo/Anja Niedringhaus)





Haitham al-Maleh, senior member of the Syrian National Coalition (SNC), Syria’s main political opposition group, leaves a meeting with U.N. mediator Lakhdar Brahimi at the United Nations headquarters in Geneva, Switzerland, Sunday, Jan. 26, 2014. Syrians on opposite sides of their country’s civil war tried again Sunday to find common ground, with peace talks focusing on an aid convoy to a besieged city that once more came under mortar attack from the government. (AP Photo/Anja Niedringhaus)





Monzer Akbik, center, a spokesman of the of the Syrian National Coalition, Syria’s main political opposition group, is surrounded by journalists after a meeting with the Syrian government at the United Nations headquarters in Geneva, Switzerland, Sunday, Jan. 26, 2014. Syrians on opposite sides of their country’s civil war tried again Sunday to find common ground, with peace talks focusing on an aid convoy to a besieged city that once more came under mortar attack from the government. (AP Photo/Anja Niedringhaus)





Monzer Akbik, center, a spokesman of the Syrian National Coalition, Syria’s main political opposition group, is surrounded by journalists after a meeting with the Syrian government at the United Nations headquarters in Geneva, Switzerland, Sunday, Jan. 26, 2014. Syrians on opposite sides of their country’s civil war tried again Sunday to find common ground, with peace talks focusing on an aid convoy to a besieged city that once more came under mortar attack from the government. (AP Photo/Anja Niedringhaus)





Monzer Akbik, a spokesman of the Syrian National Coalition, Syria’s main political opposition group briefs the media, at the European headquarters of the United Nations, in Geneva, Switzerland, Sunday, Jan. 26, 2014. Syrians on opposite sides of their country’s civil war tried again Sunday to find common ground, with peace talks focusing on an aid convoy to a besieged city that once more came under mortar attack from the government. (AP Photo/Keystone,Salvatore Di Nolfi)





Syrian Information Minister Omran al-Zoubi gestures as he gives a short press briefing upon his arrival to the United Nations headquarters in Geneva, Switzerland, Sunday, Jan. 26, 2014. Syria’s government and opposition face each other for the second time Sunday, buffered by a U.N. mediator hoping to guide them to a resolution of the country’s devastating civil war. (AP Photo/Anja Niedringhaus)













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(AP) — Two days of face-to-face peace talks yielded a narrow and tentative agreement Sunday for women and children trapped in a besieged Syrian city, and the government said President Bashar Assad had no intention of giving up “the keys to Damascus.”


With little progress to show after months of international pressure for the conference in Geneva, the U.N. mediator hoping to broker an end to Syria’s civil war defended their pace.


“I think being too slow is a better way than going too fast,” Lakhdar Brahimi said. “If you run, you may gain one hour and lose one week.”


The limited agreement to let women and children leave a blockaded part of the old city of Homs, under negotiation for at least two days, fell far short of expectations and was called into question by multiple reports of government shelling.


The talks have yet to touch upon the issue of a possible transitional government — their purpose according to terms laid out when they were first conceived. But the government was unequivocal that Assad’s future was assured in the country led by his family since 1970.


“This is a red line. If some people think we are coming here to give them the keys of Damascus they are wrong,” said Deputy Foreign Minister Faisal al-Mikdad, echoing the language U.S. President Barack Obama used to describe a chemical weapons attack in Syria.


In Syria, the war continued as if there were no effort to stop it — gunfire and shelling in Homs, between Assad’s forces and rebels, and between the al-Qaida-linked militants and Kurdish fighters, according to the Britain-based Syrian Observatory for Human Rights.


The blockaded districts of Homs came under intense fire that activists blamed on the government, calling into question how any deals reached in remote Switzerland could be implemented or verified in a chaotic civil war with dozens of players that began as a largely peaceful uprising against Assad. More than 130,000 people have died in less than three years, and millions of Syrians have fled their homes.


Brahimi acknowledged that the agreement for Homs fell short of his hope to send a humanitarian aid convoy to the city. But, he said, “to bring Syria out of the ditch in which it has fallen will take time.”


There have been a number of short-lived, local truces reached between opposition-held towns and government forces in recent months that, including in Moadamiyeh, a sprawling rebel-held community west of Damascus, where about 5,000 residents were allowed to evacuate in the fall.


Monzer Akbik, an opposition spokesman, said the coalition was still determined to stay for the political talks set to begin Monday despite accusing the government of stalling.


“They were sidestepping some issues and saying they want to refer back to Damascus for answers. It is clear to us that the regime delegation is not in charge of its own decisions,” Akbik said.


Both sides claim to represent the Syrian people.


The Western-backed opposition, made up largely of exiled Syrians, says Assad has lost legitimacy and can no longer lead a country after unleashing the military on largely peaceful protests nearly three years ago. They say Assad is being propped up by aid, weapons and fighters from Iran and Russia.


The government says the rebellion is rife with terrorists and that Assad is the only person able to end the fighting, blaming the West and Gulf states — especially Saudi Arabia — of turning the country into an al-Qaida haven.


Homs was considered a promising place to start the negotiations.


The city was one of the first areas that plunged into armed conflict in 2011. Neighborhoods in the old city have been ravaged and emptied of residents following repeated government assaults to reclaim control from rebels. Activists say about 800 families are trapped, without regular access to food, medicine and basic necessities.


“The regime is blocking all convoys to Homs and has been doing so for months,” a senior U.S. official said on condition of anonymity because the talks remain sensitive. “The situation in Homs is extremely urgent. Anything the government says to the contrary is false.”


Syrian activists, including the Observatory, said some rebel-held districts in Homs came under attack Sunday morning by mortar shells fired by government forces.


The two sides failed to reach agreement on a prisoner exchange, as Brahimi had hoped. Al-Mikdad said a list of names submitted by the opposition was greatly exaggerated, adding the government had no children in its jails, while the opposition said it had no control over the militants who have kidnapped hundreds of people, including aid workers and journalists.


Back in Syria, residents were following the talks closely, despite deep cynicism that they would achieve any concrete results.


“I watch the TV news twice a day and whenever else I have time,” said Ghassan Matta, a 47-year-old businessman in Damascus.


Qutaiba al-Rifai, 35, a private sector employee in Damascus said the peace talks in Geneva were premature and neither side was prepared.


“Till now, it’s unclear whether it’s a negotiations conference or a dialogue between the two sides.”


Monday’s talks promised to be far more difficult, and Brahimi wouldn’t predict how often the two sides could sit in the same room.


Al-Mikdad, the government official, said the opposition must come to the table “with their dreams outside the room when we sit and discuss concrete issues on the future of Syria.”


___


Associated Press writers Bradley Klapper in Geneva; Ryan Lucas and Diaa Hadid in Beirut, and Albert Aji in Damascus contributed to this report.


Associated Press




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Syria talks yield narrow deal, Assad "red line"

Monday, January 13, 2014

Syrian peace talks yield potato diplomacy







U.S. Secretary of State John Kerry, standing left, gives a pair of Idaho potatoes as a gift for Russia’s Foreign Minister Sergey Lavrov at the start of their meeting at the U.S. Ambassador’s residence in Paris, France, Monday, Jan. 13, 2014. Kerry is in Paris on a two-day meeting on Syria to rally international support for ending the three-year civil war in Syria. (AP Photo/Pablo Martinez Monsivais, Pool)





U.S. Secretary of State John Kerry, standing left, gives a pair of Idaho potatoes as a gift for Russia’s Foreign Minister Sergey Lavrov at the start of their meeting at the U.S. Ambassador’s residence in Paris, France, Monday, Jan. 13, 2014. Kerry is in Paris on a two-day meeting on Syria to rally international support for ending the three-year civil war in Syria. (AP Photo/Pablo Martinez Monsivais, Pool)





U.S. Secretary of State John Kerry, standing left, gives a “thumbs-up” sign after giving a pair of Idaho potatoes as a gift for Russia’s Foreign Minister Sergey Lavrov at the start of their meeting at the U.S. Ambassador’s residence in Paris, France, Monday, Jan. 13, 2014. Kerry is in Paris on a two-day meeting on Syria to rally international support for ending the three-year civil war in Syria. (AP Photo/Pablo Martinez Monsivais, Pool)





U.S. Secretary of State John Kerry holds up a pair of Idaho potatoes as a gift for Russia’s Foreign Minister Sergey Lavrov, standing right, at the start of their meeting at the U.S. Ambassador’s residence in Paris, France, Monday, Jan. 13, 2014. Kerry is in Paris on a two-day meeting on Syria to rally international support for ending the three-year civil war in Syria. For some watchers of international diplomacy, the somber road to Syrian peace was overrun Monday by potatoes and furry pink hats. (AP Photo/Pablo Martinez Monsivais, Pool)













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(AP) — For some watchers of international diplomacy, the somber road to Syrian peace was overrun Monday by potatoes and furry pink hats.


A swapping of delegation gifts between U.S. Secretary of State John Kerry and Russian Foreign Minister Sergey Lavrov served as a distraction from predictions of elusive success in Syria.


The usually stern-faced Lavrov came to the meeting armed with at least two ushankas, a traditional Russian fur hat with earflaps that tie to the top of the hat. Both hats went to women on Kerry’s press staff — including a bubblegum-pink one for State Department spokeswoman Jen Psaki.


The more bizarre bout of diplomacy came over a pair of Idaho potatoes.


After pictures of Kerry handing Lavrov the tubers during talks Monday morning surfaced on the Web, reporters pressed both leaders for an explanation hours later.


Kerry quickly sought to disavow any deep diplomatic meaning from the spuds, explaining that he was in Idaho over the holidays when he and Lavrov spoke by phone. The Russian, it seemed, associated Idaho with potatoes.


“He told me he’s not going to make vodka. He’s going to eat them,” Kerry said of Lavrov, who was next to him at an otherwise grim news conference on militant threats to humanitarian aid for Syria.


Kerry added: “I really want to clarify: There’s no hidden meaning. There’s no metaphor. There’s no symbolic anything. … He recalled the Idaho potatoes as being something that he knew of, so I thought I would surprise him and bring him some good Idaho potatoes.”


The mention of vodka put Lavrov on a brief rhetorical bender.


“In Poland, they make vodka from potatoes,” Lavrov said. “I know this. But that’s in Poland.”


Kerry tried to steer the discussion back to Iran or Syria, but Lavrov plowed on.


“We used to do this in the Soviet Union,” he said. “Now we try to do it from wheat.”


A few minutes later, Lavrov awkwardly tried to tie the potato diplomacy to the Syrian negotiations.


“The specific potato which John handed to me has the shape which makes it possible to insert potato in the carrot-and-stick expression,” he said to laughter from reporters. “So it could be used differently.”


___


On Twitter: https://twitter.com/larajakesAP


Associated Press




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Syrian peace talks yield potato diplomacy

Tuesday, December 24, 2013

Will 2014 yield immigration reform?

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Will 2014 yield immigration reform?

Wednesday, November 27, 2013

Bank of Canada real return bond sale median yield 1.190 pct

Bank of Canada real return bond sale median yield 1.190 pct
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TORONTO Wed Nov 27, 2013 12:27pm EST



TORONTO Nov 27 (Reuters) – The Bank of Canada said on Wednesday its auction of C$ 700 million ($ 661.28 million) of real return bonds due in 2047 produced a median yield of 1.190 percent.



Reuters: Bonds News




Read more about Bank of Canada real return bond sale median yield 1.190 pct and other interesting subjects concerning Bonds at TheDailyNewsReport.com

Sunday, November 10, 2013

RPT-Struggling U.S. cities hope small projects yield big results

RPT-Struggling U.S. cities hope small projects yield big results
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Sun Nov 10, 2013 1:54pm EST



By Mary Wisniewski


GARY, Ind. Nov 9 (Reuters) – Struggling U.S. Rust Belt cities for years have tried to counter the loss of manufacturing jobs with big, expensive projects like casinos and stadiums.


For cities such as Gary, Indiana; Flint, Michigan; and Youngstown, Ohio, these projects brought hope and headlines. Some delivered new revenue, but others brought new costs and mixed results.


Gary’s underused Genesis Convention Center, for example, cost the city $ 3.6 million in repairs and operations in the past year alone.


Now, Gary Mayor Karen Freeman-Wilson and civic leaders of some other blighted cities are going small with strategic, narrowly focused ideas such as selling vacant homes for $ 1, demolishing derelict buildings and neighborhood clean-up projects that produce immediate results.


“It’s a movement away from this singular, mega-project,” said Toni Griffin, an architect and urban planner at City University of New York. “Where cities are moving to is a larger more strategic framework.”


Gary, a struggling city 30 miles south of Chicago along the shores of Lake Michigan, is a prime example of the trend.


Known as the “Magic City” in the roaring 1920s for its spectacular growth, Gary is still home to U.S. Steel’s largest plant, but the number of mill jobs has shrunk to 5,000 from 30,000 in the 1970s. Gary’s population in 1960 was more than 178,000, but it disintegrated to just 79,000 by 2012.


Some one-third of its residents live in poverty and the home and business vacancy rate is about 35 percent. Gary recorded 43 murders in 2012 – three times as many per capita as nearby Chicago.


S. Paul O’Hara, a Xavier University professor who wrote a history of Gary, said Gary’s problems may seem overwhelming, but a few small steps could build a foundation for better days.


Attempts have been made to revive Gary, including casinos and a minor-league baseball stadium.


Similar projects were tried in other cities – a trend known as the “Bilbao” effect after the Guggenheim Museum that revived Bilbao, Spain, said Terry Schwarz, director at Cleveland Urban Design Collaborative in Ohio.


SMALL STEPS TO REVIVAL


Flint provides an infamous example of how a big project can backfire. AutoWorld, an $ 80 million theme park opened in 1984, closed six months later due to low attendance. It was later demolished and the land acquired by the University of Michigan-Flint.


These days, Flint is having more success with the Genesee County Land Bank, which allows neighbors to buy adjoining lots cheaply, so they can expand their gardens. The Bank recently received $ 20.1 million in federal money for 1,661 building demolitions, according to the city.


The Bank also has helped revive the downtown, turning boarded-up buildings into apartments and restaurants, said Chris Waters, associate provost at the University of Michigan-Flint.


“There’s actually night life in Flint,” Waters said. “It still amazes me.”


In Youngstown, the Mahoning County Land Bank – an entity that manages and develops tax-foreclosed properties – helps move vacant buildings back onto tax rolls.


The city also has increased penalties for neglectful owners. One tactic is a $ 10,000 bond paid by any entity foreclosing on a building. The city can use the money for repairs if the property is neglected.


“We’re starting to see the visual impact,” Maureen O’Neil, Youngstown’s chief code official, said. “Some of our corridors look a lot better.”


BUILDING A FUTURE


Like Gary, Youngstown and Flint were heavily dependent on single industries and were devastated economically when tens of thousands of manufacturing jobs disappeared between the 1960s and 1980s. Youngstown lost jobs in steel, Flint in the auto industry.


Freeman-Wilson, elected last year as Gary’s first female mayor, sees its potential as a transportation hub. It lies in the center of the country, alongside Lake Michigan and 30 minutes from Chicago, with rail and highway connections. To build on its transportation potential, she said a bigger plan is to expand the airport’s runway by September 2014.


The mayor sees a tourism potential because the city was the hometown of pop star Michael Jackson. Gary’s real estate is also a bargain – the Miller Beach neighborhood attracts Chicagoans who want lake views at lower costs.


One wall of the mayor’s office is covered with ugly pictures including a hollowed-out train station and a crumbling frame house – all eyesores Freeman-Wilson wants revived or demolished.


“Some are gone, some are on their way out – that historic rail station we should really develop,” she said, tapping each picture in turn. She also has a plan for cleaning up the city block by block and is counting on volunteers to start scrubbing.


Freeman-Wilson, a Harvard-educated Gary native, says she sees why past mayors turned to big projects. “When you see a convention center, you regain hope.


“I understand that, but I don’t want to do that to the exclusion of smaller things.”






Reuters: Bonds News




Read more about RPT-Struggling U.S. cities hope small projects yield big results and other interesting subjects concerning Bonds at TheDailyNewsReport.com

Monday, July 15, 2013

Reid, McConnell yield no ground in filibuster showdown


U.S. Senate Majority Leader Harry Reid (D-NV) speaks to the media about an immigration reform on Capitol Hill in Washington June 18, 2013. REUTERS/Yuri Gripas

U.S. Senate Majority Leader Harry Reid (D-NV) speaks to the media about an immigration reform on Capitol Hill in Washington June 18, 2013.


Credit: Reuters/Yuri Gripas






WASHINGTON | Sun Jul 14, 2013 12:45pm EDT



WASHINGTON (Reuters) – The U.S. Senate’s top Democrat and Republican yielded no ground on Sunday as they neared a showdown over President Barack Obama’s executive-branch nominees that could dramatically change how the Senate operates.


Appearing on NBC’s “Meet the Press,” Senate Democratic Leader Harry Reid charged that Republican obstructionism has prevented Obama from getting much of his second-term team in place.


Unless Republicans permit a number of Obama’s nominees to be confirmed this week, Reid has threatened to change the rules and strip Republicans of their ability to block the president’s picks with procedural roadblocks known as filibuster.


Nominees set for vote on Tuesday include Richard Cordray as director of the Consumer Financial Protection Bureau; Gina McCarthy to head of the Environmental Protection Agency; Thomas Perez as labor secretary, and three picks for the National Labor Relations Board.


“I want everyone to hear this. The changes we are making a very, very minimal,” Reid said, sounding as if a final decision had already been made.


“What we are doing is saying, ‘Look American people, shouldn’t President Obama have somebody working for whom he wants?’” Reid said.


Senate Republican Leader Mitch McConnell his party was obstructing the process and urged Democrats to reconsider plans for an unprecedented change in Senate rules.


Filibusters have long been part of the Senate’s basic fabric, providing the chamber’s minority leverage to extend debate and force the majority to compromise.


But in the past decade or so, each side, when in the majority, has accused the minority of misusing the filibuster to produce gridlock, not change.


Reid is moving toward abolishing the filibuster only on executive-branch nominees, not on judicial nominees or legislation.


Democrats charge that Republicans have blocked a number of top nominees, not because they are unqualified, but because Republicans oppose the agencies that they would head.


Senate rules state that 67 votes are needed to change its rules. But Democrats, who hold the Senate, 54-46, could do it with just 51 by essentially rewriting the rule book with a procedural power plan known as “the nuclear option.”


Once Democrats switched the threshold on rule changes, they would then reduce to 51 from 60 the number of votes needed to end filibusters on executive-branch nominees.


“The reason they call this the ‘nuclear option’ because it is breaking the rules of the Senate to change the rules of the Senate,” McConnell said in a separate appearance on NBC’s “Meet the Press.”


With Senate Democrats and Republicans set to meet privately on Monday to discuss their difference, McConnell urged calm.


“We need to start talking to each other rather than at each other,” said McConnell, who last week said Reid would go down as “the worst Senate leader ever” if he invoked “the nuclear option.”


In 2005, the then-Senate Republican majority threatened “the nuclear option” in response to Democrats blocking a number of Republican President George W. Bush conservative nominees.


At the time, Reid spoke against “the nuclear option,” saying it would undermine the Senate, while McConnell argued for it, saying change was needed.


The threat was averted when a bipartisan deal was reached only to filibuster judges in “extraordinary circumstances.”


“I’m glad we didn’t do it,” McConnell said of the 2005 showdown. “We went to the brink and we pulled back because cooler heads prevailed …. That is what I hope happens here.”


(Reporting by Thomas Ferraro; Editing by Cynthia Osterman)






Reuters: Politics



Reid, McConnell yield no ground in filibuster showdown

Reid, McConnell yield no ground in filibuster showdown


U.S. Senate Majority Leader Harry Reid (D-NV) speaks to the media about an immigration reform on Capitol Hill in Washington June 18, 2013. REUTERS/Yuri Gripas

U.S. Senate Majority Leader Harry Reid (D-NV) speaks to the media about an immigration reform on Capitol Hill in Washington June 18, 2013.


Credit: Reuters/Yuri Gripas






WASHINGTON | Sun Jul 14, 2013 12:45pm EDT



WASHINGTON (Reuters) – The U.S. Senate’s top Democrat and Republican yielded no ground on Sunday as they neared a showdown over President Barack Obama’s executive-branch nominees that could dramatically change how the Senate operates.


Appearing on NBC’s “Meet the Press,” Senate Democratic Leader Harry Reid charged that Republican obstructionism has prevented Obama from getting much of his second-term team in place.


Unless Republicans permit a number of Obama’s nominees to be confirmed this week, Reid has threatened to change the rules and strip Republicans of their ability to block the president’s picks with procedural roadblocks known as filibuster.


Nominees set for vote on Tuesday include Richard Cordray as director of the Consumer Financial Protection Bureau; Gina McCarthy to head of the Environmental Protection Agency; Thomas Perez as labor secretary, and three picks for the National Labor Relations Board.


“I want everyone to hear this. The changes we are making a very, very minimal,” Reid said, sounding as if a final decision had already been made.


“What we are doing is saying, ‘Look American people, shouldn’t President Obama have somebody working for whom he wants?’” Reid said.


Senate Republican Leader Mitch McConnell his party was obstructing the process and urged Democrats to reconsider plans for an unprecedented change in Senate rules.


Filibusters have long been part of the Senate’s basic fabric, providing the chamber’s minority leverage to extend debate and force the majority to compromise.


But in the past decade or so, each side, when in the majority, has accused the minority of misusing the filibuster to produce gridlock, not change.


Reid is moving toward abolishing the filibuster only on executive-branch nominees, not on judicial nominees or legislation.


Democrats charge that Republicans have blocked a number of top nominees, not because they are unqualified, but because Republicans oppose the agencies that they would head.


Senate rules state that 67 votes are needed to change its rules. But Democrats, who hold the Senate, 54-46, could do it with just 51 by essentially rewriting the rule book with a procedural power plan known as “the nuclear option.”


Once Democrats switched the threshold on rule changes, they would then reduce to 51 from 60 the number of votes needed to end filibusters on executive-branch nominees.


“The reason they call this the ‘nuclear option’ because it is breaking the rules of the Senate to change the rules of the Senate,” McConnell said in a separate appearance on NBC’s “Meet the Press.”


With Senate Democrats and Republicans set to meet privately on Monday to discuss their difference, McConnell urged calm.


“We need to start talking to each other rather than at each other,” said McConnell, who last week said Reid would go down as “the worst Senate leader ever” if he invoked “the nuclear option.”


In 2005, the then-Senate Republican majority threatened “the nuclear option” in response to Democrats blocking a number of Republican President George W. Bush conservative nominees.


At the time, Reid spoke against “the nuclear option,” saying it would undermine the Senate, while McConnell argued for it, saying change was needed.


The threat was averted when a bipartisan deal was reached only to filibuster judges in “extraordinary circumstances.”


“I’m glad we didn’t do it,” McConnell said of the 2005 showdown. “We went to the brink and we pulled back because cooler heads prevailed …. That is what I hope happens here.”


(Reporting by Thomas Ferraro; Editing by Cynthia Osterman)






Reuters: Politics



Reid, McConnell yield no ground in filibuster showdown

Tuesday, June 11, 2013

Clashes as Turkish police move into square; PM says won"t yield