Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Jun 3, 2011

Alleged rape victim flees Libya

Eman al-Obeidy
Eman al-Obeidy, who garnered worldwide attention for her vocal rape allegations against the regime of Moammar Gadhafi, says she has fled Libya, fearing for her safety.

Al-Obeidy told CNN that she crossed into Tunisia on Thursday with the help of a defecting military officer and his family.

She said she had left Tripoli in a military car, wearing a head cover that hid everything except one eye.

Al-Obeidy said she entered at the Dahibah border crossing disguised "in the local manner" and was not challenged. She described the trip from Tripoli as "very tiring."

Along the road to Tunisia, the car she was in was stopped several times at checkpoints, al-Obeidy said. The military officer would show his permit, and they would be allowed to continue, she said.

Al-Obeidy said she crossed into Tunisia using a refugee document.

European diplomats drove her from the border region to Tunis and are giving her sanctuary, there while she considers her future, according to Western diplomatic sources.

She said she was afraid she was being followed and might still be in danger, adding that she hoped she could obtain protection from a Western government.

"I still do not know what I am going to do. Of course I'd like to see my family," she said.

Al-Obeidy's mother learned about her daughter's escape after seeing news reports on TV, her father told CNN from the family's hometown of Tobruk, Libya. Atiq Al-Obeidy said that his wife then called him, and both parents were overjoyed.

Atiq Al-Obeidy admitted he was "not optimistic" that his daughter would be able to safely leave Libya, thinking forces loyal to Gadhafi "would do the worst to her, given his past."

"I am extremely delighted, and I will be looking forward to more information about how she was able to escape," the woman's father said.

Eman al-Obeidy received worldwide attention on March 26 when she burst into the Rixos Hotel in Tripoli, while international journalists staying there were having breakfast. She told reporters she had been taken from a checkpoint east of Tripoli and held against her will for two days while being beaten and raped by 15 men.

In an interview with CNN last month, she said she felt defeated and lived in fear that she would be punished gravely for her words.

"I usually get harassed when I have to show my Identification card to government officials somewhere, and they find out who I am and that I have put complaints forward against Gadhafi's people," she said. "They humiliate me to the point where other people gather around and start saying that it is shameful to treat a Libyan woman that way."

The legal proceedings in her rape case have not gone far, she said last month. She also had not been able to go home.

Source : CNN

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Jun 2, 2011

New Hollywood couple alert: Leo & Blake

 Leo & Blake
The "Inception" star Leonardo DiCaprio and the "Gossip Girl" beauty Blake Lively have been spotted wrapped around one another during a recent trip to Italy, according to media reports.

At the Cannes Film Festival, the pair was spotted on Stenphen Spielberg's yacht, and the photos of the two are seen everywhere on the Internet.

A source spilled that Leo wants to start a family since he sees his friend's happy parenting. However, Leo's ex, supermodel Bar Refaeli told him she's not ready for that.

Source : Xinhuan, June 02, 2011

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Blake Lively: Those nude pics are fake

Blake Lively
Photos claiming to be of a naked Blake Lively spread across the Web Tuesday, but a rep for the actress says they’re not really her.

According to Us Weekly, the images show a blonde woman taking photos of herself in the buff, but the 23-year-old “Gossip Girl” star’s rep says Lively hasn’t done such a thing.

"The photos of Blake Lively which have just surfaced on various websites including Perez Hilton and Zap2it are 100 percent fake," her rep tells Us. “Blake has never taken nude photos of herself.”

To top it off, she’s also pursuing “legal action against the publication which initially published these photographs and any other outlets that republish them in any manner,” her rep says.


Source : CNN, June 01, 2011

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Feb 19, 2009

Rising debt and Barack Obama's effort to rescue the economy

U.S President Barack Obama was hit with another wave of grim financial news yesterday, amid signs that his Administration is in danger of being overwhelmed by the scale of the economic crisis.

As he outlined a $75 billion (£52 billion) plan to halt home repossessions across America, evidence emerged of the enormous struggle Timothy Geithner, the Treasury Secretary, is having to come up with a detailed solution to stabilise the stricken banking sector.

Chrysler and General Motors also said that they needed up to $22 billion more in government funds to avoid collapse, leaving Mr Obama the difficult decision of whether to keep pumping taxpayers' money into the carmakers.

The motor industry received $17.4 billion in federal funds in December. Its bankruptcy could cause millions of job losses. Mr Geithner and Lawrence Summers, the White House economic adviser, must determine by March 31 whether the companies' plans for long-term survival are viable.
n another sign of the depth of the recession a report showed that construction of homes and applications for future projects dropped by 17 per cent last month to a record low.

At the heart of the internal battle inside the Treasury Department is what to do with the estimated $2 trillion of toxic and mostly mortgage-related debt that is threatening to topple the entire banking sector – the bedrock of US capitalism.

When Mr Geithner announced his plan to stabilise the financial sector last week it was received badly because it was so short on detail. The heart of the strategy – his prescription to remove the bad debt off the banks' books – was to entice private investors to buy up the toxic assets. He gave no firm proposals, however, about how the loans would be valued and how the private sector would be co-opted.

It has now emerged that Mr Geithner was deliberately vague at his press conference because he had a change of mind and suddenly began to pursue a different course.

He decided that his original plan to use government funds to buy up the toxic assets was too expensive and exposed taxpayers to too much risk, and that using the private sector was the best option.

At the same time Mr Geithner is working on the plan with a significant shortfall in staff. Only a month into his presidency Mr Obama has yet to nominate any mid-level Treasury officials.

Other departments – some still even without a Cabinet secretary – are about to be inundated with billions of dollars from the stimulus Bill signed by Mr Obama on Tuesday but with not enough staff to determine how to spend it.

Alan Greenspan, the former Chairman of the Federal Reserve and once the leading proponent of deregulation and less government in the markets, increased pressure on Mr Geithner yesterday when he said that a temporary nationalisation of some banks could be necessary. He called the crisis in the banking sector a “once in a hundred years” event.

Mr Obama's home foreclosure plan would allow many of the nine million Americans who are threatened with eviction to refinance or restructure the mortgages to reduce their monthly payments. He said that his plan was needed to avoid “even greater havoc”.

The President said that the home repossession crisis “is unravelling homeownership, the middle class and the American Dream itself. But if we act boldly and swiftly to arrest this downward spiral, every American will benefit”.

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