Sunday, November 27, 2011

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Mayor: Occupy LA must leave City Hall camp Monday

Mayor Antonio Villaraigosa and LAPD Chief Charles Beck announce plans to close City Hall Park to Occupy protesters as of midnight, Sunday, Nov. 27, Friday, Nov. 25, 2011, in Los Angeles. (AP Photo/Los Angeles Times, Robert Gauthier) NO FORNS; NO SALES; MAGS OUT; ORANGE COUNTY REGISTER OUT; LOS ANGELES DAILY NEWS OUT; VENTURA COUNTY STAR OUT; INLAND VALLEY DAILY BULLETIN OUT; SAN BERNARDINO SUN OUT; MANDATORY CREDIT, TV OUT

Mayor Antonio Villaraigosa and LAPD Chief Charles Beck announce plans to close City Hall Park to Occupy protesters as of midnight, Sunday, Nov. 27, Friday, Nov. 25, 2011, in Los Angeles. (AP Photo/Los Angeles Times, Robert Gauthier) NO FORNS; NO SALES; MAGS OUT; ORANGE COUNTY REGISTER OUT; LOS ANGELES DAILY NEWS OUT; VENTURA COUNTY STAR OUT; INLAND VALLEY DAILY BULLETIN OUT; SAN BERNARDINO SUN OUT; MANDATORY CREDIT, TV OUT

Protesters bang against the main entrance to City Hall as Mayor Antonio Villaraigosa and LAPD Chief Charles Beck announce plans to close City Hall Park to Occupy protesters as of midnight, Sunday, November 27, Friday, Nov. 25, 2011, in Los Angeles. (AP Photo/Los Angeles Times, Robert Gauthier) NO FORNS; NO SALES; MAGS OUT; ORANGE COUNTY REGISTER OUT; LOS ANGELES DAILY NEWS OUT; VENTURA COUNTY STAR OUT; INLAND VALLEY DAILY BULLETIN OUT; SAN BERNARDINO SUN OUT; MANDATORY CREDIT, TV OUT

(AP) ? The mayor of Los Angeles set a deadline for anti-Wall Street protesters to leave an encampment by City Hall, while demonstrators elsewhere in California took their message about corporate greed to Black Friday shoppers, at times facing off with police.

Mayor Antonio Villaraigosa lauded the Occupy movement for "awakening the country's conscience," but he said that after 56 days, the encampments that flank the two grassy areas adjacent to City Hall must be removed by 12:01 a.m. Monday for public health and safety reasons.

At an afternoon news conference with police Chief Charlie Beck, Villaraigosa said the movement that has spread in two months from New York to numerous other U.S. cities has "awakened the country's conscience" ? but also trampled grass at City Hall that must be restored.

"The movement is at a crossroads," the mayor said. "It is time for Occupy LA to move from holding a particular patch of park land to spreading the message of economic justice and signing more people up for the push to restore the balance to American society."

The camp of about 485 tents was unsustainable because public health and safety could not be maintained, and the park had to be cleared, cleaned and restored for the public's access, he said.

Later Friday, protesters demonstrated in the streets near San Francisco's tony and touristy Union Square during the annual Macy's Christmas tree lighting ceremony, disrupting traffic but otherwise causing few other problems.

Lines of police officers in riot gear faced off with dozens of demonstrators who were trying to discourage shoppers from shopping at Macy's and other stores in the popular tourist area.

Demonstrators used signs to spread an anti-consumerism message. One, 9-year-old Jacob Hamilton, held a sign that read, "What is in your bag that's more important than my education?"

Earlier, some of the protesters from the Occupy movements in San Francisco and Oakland clashed with police when they briefly blocked the city's iconic cable cars until officers pushed them out of the street.

Some of the participants in what protesters called "Don't Buy Anything Day" sat down in the middle of Market Street, San Francisco's main thoroughfare, and blocked traffic while chanting, "Stop shopping and join us!"

"I wanted us both to be here for the children," said protester Steve Hamilton, a screenwriter who traveled to the city from Winters, Calif., with his son Jacob. "I see how the education deficit directly affects the schools; how the teachers struggle with so many kids in the classrooms and a lack of books. It's not fair to this generation."

A group of about 20 Occupy protesters in Sacramento marched from a park to a small outdoor mall where many of the storefronts are empty. A police officer on a bicycle trailed the crowd.

A few puzzled shoppers, many toting large shopping bags, stopped to stare at the crowd as they read a manifesto asking people to support local merchants.

At a Macy's store, the group stayed for several minutes chanting slogans such as, "They call it profit; we call it robbery." Several shoppers crowded around taking photos with their cellphones.

In Emeryville, a small city on San Francisco Bay, more than 60 people attended a Native American community's 10th annual Black Friday protest of the Bay Street Mall.

Corrina Gould, a lead organizer for Indian People Organizing for Change, said the goal is to educate shoppers that the mall was built in 2002 on a sacred Ohlone burial site.

About one-third of the people came from neighboring Oakland's Occupy movement, and Gould said having the new voices was invigorating.

In his comments, Villaraigosa told campers to start packing up their tents and said he believed the move would be peaceful, unlike some of the tumult other cities have seen.

"I'm proud of the fact that this has been a peaceful, non-violent protest," he said. "I trust that we can manage the closure of City Hall Park in the same spirit of cooperation."

Outside City Hall, Occupy LA protester Opamago Casciani, 20, said he found the Mayor's priorities insulting, and he intends to continue demonstrating peacefully through the deadline.

In response to the Mayor's comments, Casciani said "What I got from it is 'I value grass more than the people.'"

Beck said police will be patient with laggards who were working to leave at the time of the deadline ? but said the city's law enforcement will no longer look the other way.

"After 56 days of not enforcing three city laws that prohibit the use of that park, the time is now," said Beck.

___

Associated Press writers Juliet Williams in Sacramento and Terry Collins in Emeryville contributed to this report. Beth Duff-Brown reported from San Francisco.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-11-26-Occupy%20California/id-d68902e0a8c349989914186add74cfde

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India retail opening cheers big local firms, disappoints others (Reuters)

MUMBAI (Reuters) ? India's move to open its supermarket sector to foreign investors brought relief to its capital-starved local chains but failed to impress small-shop owners who dominate retail in the country, despite rules intended to safeguard small operators.

New Delhi approved its biggest reform in years by allowing global supermarket giants such as Wal-Mart Stores Inc and Tesco to enter India with a 51 percent stake in the hope it would attract capital to build much-needed supply chains and improve efficiency to alleviate food-driven inflation.

"This is an extremely important step for domestic retailers as this will get in much-needed capital, apart from domain knowledge," said Thomas Varghese, chief executive of Aditya Birla Retail.

Chain stores account for just 6 percent of a $500 billion retail market dominated by street stalls and corner shops.

Many Indian chains are cash-strapped and loss-making, struggling to build scale given high costs, poor supply chains and scarce real estate and have been eyeing equity investments and joint venture partnerships with global firms to build scale.

Vijay Karwal, head of consumer, retail and healthcare for Asia at Royal Bank of Scotland based in Hong Kong expects more than $5 billion in foreign investment into the Indian retail sector over the next five to seven years.

Given the relative lack of modern retail infrastructure in India, and particularly in the enabling back-end infrastructure ... the vast majority of investment this change is expected to trigger would be greenfield investment into new retail sites and infrastructure," he said.

Shares in Indian retailers Pantaloon Retail, Shoppers Stop, Trent jumped -- bucking a fall in the wider stock market -- on expectations that they will form tie-ups with foreign players, and not just compete with them.

Debashish Mukherjee, partner and vice-president at consultancy firm AT Kearney, expects joint ventures and investments in local players from overseas operators over the next six months.

"The set of transactions which will happen fast is foreign players who are in existing joint ventures with Indian firms, the increase or decrease in stake, will happen quickly," he said. "The second are a set of deals that are waiting to happen and have been just waiting for the announcement."

SMALL SHOPS UNHAPPY

To appease opponents, the government said foreign stores will only be permitted in cities of more than 1 million -- of which India has more than 50 -- and individual states can decide whether to allow global players on to their patch.

It also insists that foreign retailers source almost a third of their produce from small industries, invest at least $100 million in India and spend half of that on infrastructure such as cold storage and warehouses.

Many small shop owners fear for their livelihoods.

"It will affect my business as families prefer going to air-conditioned stores with fancy packaged goods these days," said Vinod Jain, a 27-year-old small grocery shop owner in the Lower Parel neighborhood of central Mumbai.

A trade group representing so-called "kirana" shop owners is planning protests.

"The move to let the foreign retailers in will most certainly lead to job losses," said Praveen Khandelwal, general secretary of the Confederation of All India Traders.

"They should have worked on some kind of protectionist mechanism for smaller traders before coming out with this policy," he said.

Foreign retailers who welcomed the Indian government's move to open the sector also view the entry conditions with caution.

"Some of the conditions look quite stringent. The investment in particular -- it's all quite big money. We'd need to know the details, and how that would be accounted for," said an official with a major global retailer who did not wish to be identified.

(Additional reporting by Sumedha Deo in Mumbai, Saeed Azhar in Singapore and Mark Potter in London, Editing by Tony Munroe)

Source: http://us.rd.yahoo.com/dailynews/rss/india/*http%3A//news.yahoo.com/s/nm/20111125/india_nm/india607327

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Saturday, November 26, 2011

With sifting of GOP field, do voters want safe Romney or risky Gingrich? (Seattle Times)

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Greek activists take on the power company (AP)

VERIA, Greece ? The Robin Hoods in this northern Greek town sport rubber gloves, fuses and orange stickers.

Nearly two years of pay cuts, job cuts and tax hikes have pummeled living standards in debt-crippled Greece and the country is facing record unemployment and a fourth year of recession in 2012. On a personal level, that means many in Veria can't pay for basic necessities such as electricity and end up getting cut off from the grid.

That's where the "Citizens of Veria" activists step in.

The group illegally reconnects needy households back to the electric grid in a direct challenge to the country's dominant power provider, the Public Power Corporation.

"By cutting off power, (PPC) punishes young children, elderly people and generally those who can't cope without it," said activist Nikos Aslanoglou. "We decided that we had to reconnect them. We're not hiding, everybody knows who we are."

He says the group has so far reconnected dozens of households, particularly in the villages and small towns outlying Veria.

Greece sank into a financial crisis in 2009 after it emerged that authorities had been falsifying financial data for years. The fallout from that blocked the country's access to bond markets. Greece only escaped bankruptcy with a euro110 billion ($147 billion) international rescue loan in May 2010, and when that was not enough, a second, euro130 billion ($174 billion) rescue deal that awaits final approval.

In return, the government has promised to slash bloated budget deficits through harsh austerity measures.

As jobs become rarer and worse-paid, many in this northern farming region are falling through a weakening social safety net. In the village of Agia Marina, 9 miles (15 kilometers) from Veria, activists recently reconnected the house of a disabled, 34-year-old single mother, who lives with four of her five children.

As they left, they placed an orange sticker on the electricity meter that reads: "Citizens of Veria. Social solidarity. We are reconnecting the power."

The woman's eldest daughter, a 19-year-old student, said before the activists came her siblings ? aged from 6 to 18 ? had to study by candlelight or with oil lamps in an unheated house.

"Our only income is a euro400-euro500 ($535-$668) welfare payment every two months," said the student, Vasso. "PPC disconnected us because we owed them money, and we were left in the dark for about a month, but then some gentlemen came and reconnected us. Now we have heating again."

She didn't want her full name used because she was afraid authorities would track down her family.

What the activists are doing is illegal and can be punished by more than ten years' imprisonment depending on the size of the outstanding bills, although in most cases sentences do not exceed five years.

"Greek law treats the theft of electricity like any other common theft," University of Thessaloniki law professor Lambros Margaritis said.

Undeterred, a three-strong activist team recently reconnected a house in the small town of Meliki, where a 54-year-old woman lives with her two unemployed sons in their thirties. Working deftly, it took them 15 minutes.

"We're not stealing, the electricity consumption is recorded," Aslanoglou said. "The poor houseowners can't face consequences, it's us who do the reconnecting."

Hence the stickers.

Veria activists claim their campaign is catching on in other parts of the country ? particularly since the introduction in September of a deeply resented new property tax levied through power bills. People who can't pay the new tax face losing their power supply.

That prospect has enraged even PPC employees, who staged a sit-in at a company office in Athens to disrupt the collection of the new emergency tax.

While the Veria municipal authority says have-nots should not be disconnected over the new tax, Mayor Haroula Ousountzoglou says the activists are going too far.

"What the group is doing may be very romantic, it is, however, dangerous," Ousountzoglou told the AP. "PPC just goes and cuts off the electricity again, and imposes additional charges."

In cases of repeated illegal reconnection, homeowners can also face prosecution ? or have their link severed at the nearest electricity pole, a drastic move that activists are powerless to counter.

PPC public relations officer Kimon Stergiotis warned that the company is determined to protect its interests.

"To illegally reconnect cut power links poses severe threats to the life and property of unsuspecting citizens," he said. "In any case, PPC will use the law to its utmost severity."

Ousountzoglou said her town has about 330 families on a welfare program that sometimes includes assistance in paying power bills.

"But our funds are constantly dwindling, and I keep making the rounds of local firms to ask for contributions," she added.

The Veria mayor has threatened to sue PPC if people who really can't pay the property tax are left without power.

"We told them we're not joking," she said. "PPC can't behave like that to needy people."

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20111126/ap_on_bi_ge/eu_greece_power_battle

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Wall Street falls for sixth day (Reuters)

NEW YORK (Reuters) ? Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone's debt crisis, coupled with weak Chinese factory data, further dented investor sentiment.

A weak German bond sale sparked fears the debt crisis was even beginning to threaten Berlin, with the leaders of France and Germany still at odds over a longer-term structural solution.

The poor demand for German government bonds showed that investors viewed investing in the euro zone as being too risky.

Debt problems plaguing Europe and the United States have pressured markets, knocking the S&P 500 down more than 7 percent over the last six sessions. World stocks hit their lowest in six weeks on Wednesday.

"A poor auction of German bonds added to recent worries that the risks from the debt mess are spreading to the core of the euro zone," said WhatsTrading.com options strategist Frederick Ruffy.

All 10 S&P 500 sectors were negative, with financials among the biggest decliners over concerns about exposure to European debt. JPMorgan Chase & Co (JPM.N) dropped 3.5 percent to $28.38 and Citigroup Inc (C.N) lost 3.9 percent to $23.51.

Economically sensitive stocks such as energy and commodity-related issues also slid. The PHLX oil service sector index (.OSX) dropped 3.7 percent and the S&P materials sector (.GSPM) fell 2.8 percent. Schlumberger Ltd (SLB.N) lost 3.6 percent to $66.50 and DuPont and Co (DD.N) shed 2.9 percent to $44.08.

The Dow Jones industrial average (.DJI) sank 236.17 points, or 2.05 percent, to 11,257.55 at the close. The Standard & Poor's 500 Index (.SPX) dropped 26.25 points, or 2.21 percent, to 1,161.79. The Nasdaq Composite Index (.IXIC) lost 61.20 points, or 2.43 percent, to 2,460.08.

The S&P 500's six-day decline is the longest such streak since a seven-day slide that ended August 2.

Reflecting heightened fears in the market, the CBOE Volatility Index, or VIX (.VIX), Wall Street's so-called fear gauge, jumped 6.3 percent.

Volume was light ahead of the U.S. Thanksgiving holiday, when markets are closed. About 6.9 billion shares changed hands on the New York Stock Exchange, NYSE Amex and Nasdaq, below the current daily average of 8 billion shares.

"There is no buying demand, but this does not mean that there is a really strong offer, either. It just means that we might be working off the 'oversold-ness' with this choppy action, 1160-1180 on the S&P," said Joseph Cusick, senior market analyst at OptionsXpress Holdings Inc in Chicago.

One of the few bright spots was Deere & Co (DE.N), which climbed 3.9 percent to $74.72 after quarterly earnings beat expectations and sales shot up 20 percent.

Adding to market worries, data showed Chinese manufacturing shrank the most in 32 months in November, intensifying concerns about a global economic slowdown. U.S. crude oil fell 1.8 percent on fears of reduced demand from China, the world's No. 2 economy.

U.S. data painted a mixed picture and showed little reason for optimism. New jobless claims rose last week and consumer spending barely increased in October, while another report showed new orders for durable goods, which include long-lasting manufactured items such as refrigerators, rose.

(Reporting by Angela Moon; Editing by Jan Paschal)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111123/bs_nm/us_markets_stocks

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Bahrain hints at evidence of Iran protest links (AP)

MANAMA, Bahrain ? In a 500-page report detailing widespread abuses in Bahrain's crackdowns, it's a brief section on Iran that has brought the strongest pushback Thursday in the Gulf kingdom ? authorities clinging to their claims that Tehran had a role in the Shiite-led uprising despite the report's findings.

Bahrain suggested it may have classified intelligence of Iranian links to the 10-month-old unrest, though independent investigators said they found nothing to back the allegations.

The report's short reference to Iran touches some of the most powerful Arab Spring narratives among the Gulf's Sunni leaders. Accusations about plotting by Shiite giant Iran have been used to justify crushing measures, such as sending Saudi-led military forces to reinforce Bahrain's embattled monarchy.

It also reflects the bolder political strategies by Gulf nations to get involved in uprisings elsewhere ? such Saudi's leaders mediating a possible exit for Yemen's President Ali Abdullah Saleh ? while keeping unwavering pressure on suspected Iran-leaning dissent at home. Saudi's Interior Ministry said at least four people have been killed this week in clashes in the heavily Shiite city of Qatif.

The findings by a special commission that investigated Bahrain's turmoil were a direct slap at fears by the Western-allied Gulf states that Iran seeks to use Bahrain as a foothold to try to undermine the region's Sunni regimes. The commission released a major report Wednesday.

The official Bahrain News Agency said national security concerns prevented sharing all intelligence on Iran with the commission. Officials in Iran have sharply denounced the crackdowns on Bahrain's Shiite majority, but they insist Iran has no direct ties to the conflict.

The news agency also repeated statements by Bahrain's king that Iranian propaganda has fueled bloodshed and clashes on the strategic island, which is home to the U.S. Navy's 5th Fleet. Earlier this month, Bahrain claimed it dismantled an Iranian-linked terror cell that plotted attacks on high-profile targets including the Saudi Embassy.

Mustafa Alani, a regional analyst at the Geneva-based Gulf Research Center, said Bahraini officials are in a "difficult position" by their claims of protecting sensitive intelligence while openly accusing some Shiite activists of working with Iranian agents.

The special commission's report ? authorized by Bahrain's rulers in a bid to ease tensions ? highlighted details of abuses, including torture, excessive force and legal shortcomings under a special security court.

At least 35 people have been killed in violence related to the uprising, including several members of the security forces.

Bahrain's Shiites comprise about 70 percent of the island nation's 525,000 citizens. They have complained of widespread discrimination, such as being blocked from top government or military posts. The monarchy has offered some concessions but refused to bow to protest demands to surrender control of top positions and main policies.

Many of the report's conclusions had been previously noted by rights groups and opposition activists.

The burden fell on Bahrain's authorities to prove their charges of Iranian links to the protests.

The report said evidence presented by Bahrain's government "does not establish a discernible link between specific incidents" during the time period studied from February and March.

The commission noted that most of the government's claims on Iranian involvement related to alleged intelligence operations, making them impossible to independently investigate "due to security and confidentiality considerations."

Bahrain's king, Hamad bin Isa Al Khalifa, lashed back at the findings, insisting Tehran's role was clear to "all who have eyes and ears."

He pointed to Iran's Arabic-language broadcasts that "fueled the flames of sectarian strife," but gave no details on the extent of possible secret intelligence that was not shared.

Bahrain is a critical U.S. ally, and Washington has taken a cautious line: Urging Bahrain's leaders to open more dialogue with the opposition, but avoiding too much public pressure.

In Washington, the White House on Wednesday commended the king for appointing the commission and said in a statement that it is "incumbent upon the government of Bahrain to hold accountable those responsible for human rights violations and put in place institutional changes to ensure that such abuses do not happen again."

A statement by the European Union's foreign policy chief, Catherine Ashton, urged Bahraini authorities to "open a new chapter ... of national reconciliation."

___

Murphy reported from Dubai, United Arab Emirates. Associated Press writer Adam Schreck in Dubai contributed to this report.

___

Online: http://files.bici.org.bh/BICIreportEN.pdf

Source: http://us.rd.yahoo.com/dailynews/rss/mideast/*http%3A//news.yahoo.com/s/ap/20111124/ap_on_re_mi_ea/ml_bahrain

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