Banks could trade many swaps under new compromise

(Reuters) – Banks would be allowed to trade in-house many types of over-the-counter derivatives under a new proposal designed to break an impasse in the U.S. Congress over financial regulation reform, Democratic Rep. Collin Peterson said on Friday.

Politics

Banks could trade foreign exchange and interest rate swaps in house, as well as gold and silver swaps, and derivatives designed to hedge their own risk, said Peterson, citing a compromise worked on by members of a House and Senate financial reform panel as well as Obama administration officials.

But banks would need to spin-off desks to affiliates to handle agricultural, energy and metals swaps, equity swaps, and uncleared credit default swaps, Peterson said.

(Reporting by Charles Abbott and Roberta Rampton)

Banks could trade many swaps under new compromise

June 25 (Reuters) – Banks would be allowed to trade in-house many types of over-the-counter derivatives under a new proposal designed to break an impasse in the U.S. Congress over financial regulation reform, Democratic Rep. Collin Peterson said on Friday.

Stocks | Bonds | Global Markets | Funds News | ETFs News

Banks could trade foreign exchange and interest rate swaps in house, as well as gold and silver swaps, and derivatives designed to hedge their own risk, said Peterson, citing a compromise worked on by members of a House and Senate financial reform panel as well as Obama administration officials.

But banks would need to spin-off desks to affiliates to handle agricultural, energy and metals swaps, equity swaps, and uncleared credit default swaps, Peterson said. (Reporting by Charles Abbott and Roberta Rampton)

INTERVIEW-Former Nigeria militant threatens to abandon amnesty

OKRIKA, Nigeria, June 11 (Reuters) – A former Nigerian rebel leader said on Friday he would abandon an amnesty programme with hundreds of his followers if the government did not quickly provide jobs and development in the Niger Delta oil region.

Ateke Tom, an ex-gang leader in the oil-producing Rivers state, told Reuters that life for his “boys” had yet to improve eight months after agreeing to surrender arms and participate in the government’s amnesty programme.

“For now, there is no progress … we don’t like the way things are going,” Tom said outside one of his housing compounds near the oil hub of Port Harcourt on Thursday.

“If they refuse to give us what they promised, then our boys will not go to the training camps and we will go back to the creeks.”

Tom and hundreds of his fighters emerged from their hideouts in the mangroves of the Niger Delta to great fanfare last October, surrendering their rocket launchers, machine guns and grenades for the promise of stipends, training and employment.

But the OPEC member’s post-amnesty programme has been plagued with delays.

President Goodluck Jonathan has made reviving the stalled programme begun by his late predecessor Umaru Yar’Adua one of his main priorities to ensure stability in the Niger Delta, home to Africa’s biggest oil and gas industry.

ATTACKS

Administration officials have urged patience and pledged there would be progress within two weeks, Tom said.

A rehabilitation programme to educate more than 20,000 ex-rebels is expected to be re-launched in the Niger Delta, with the first batch of 2,000 due to take part this month.

But the delays have already erased much of the goodwill between the ex-militant commander and the government.

“I am not happy,” Tom said dressed in matching gray sweatshirt and pants, a gold pendant bearing his name, and on his wrist a bracelet emblazoned with “godfather”.

“They promised us there will be roads for us, there will be lights. They promised everything,” he said.

Tom, who still commands loyalty from more than 2,000 former gunmen in Rivers state, remained ambiguous on what could happen if he decided to go back into hiding. “We know what to do because we are not fools,” he said when asked.

Militant attacks, which were particularly intense in 2006, significantly disrupted Nigeria’s oil industry, preventing it from pumping much more than two thirds of its 3 million barrel per day capacity. Output has never fully recovered.

Unrest has forced foreign oil companies in the Niger Delta such as Royal Dutch Shell (RDSa.L), Chevron (XOM.N) and ExxonMobil (XOM.N) to spend millions of dollars on security and in the past led many firms to withdraw all but essential staff.

But since the amnesty was launched, the Niger Delta has been relatively peaceful with no major militant attack against the oil industry for nearly a year. (Additional reporting by Austin Ekeinde; Editing by Nick Tattersall) (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (For Interactive factbox on Nigeria please click here)

Pak envoy to US agrees that Times Square bomber acted `alone’

New York, May 11 (ANI): Pakistan”s Ambassador to the United States Abdullah Hussain Haroon has told CBS’ “Face the Nation,” that he does not agree with Obama administration officials that the alleged Times Square bomber, Faisal Shahzad, was trained by Tariqi Taliban in Pakistan.

“General Petraeus had it right that this was the act of a lone man,” he said.

Petraeus stated (prior to the administration”s claims Sunday) that he did not believe that Shahzad worked with other terrorists. And although Haroon said that the Obama administration may have other evidence, he said, “All I am saying is that the evidence I have points in one direction. It does not have its signature of the Taliban.”

Ambassador Abdullah Hussain Haroon also contested Secretary of State Hillary Clinton’s claim that the Pakistan Government knew the location of Osama bin Laden and other al Qaeda leaders.

Ambassador Haroon said that if the Pakistani government knew where Osama Bin Laden is, they would have gone after him.

He said that the Pakistani army — not the U.S. military — will have to decide when and how to send forces to North Waziristan, where it is believed bin Laden is hiding. (ANI)

U.S. says wants more from Pakistan, could boost aid

The United States wants and expects more from Pakistan in the fight against insurgents and is ready to offer additional assistance if Islamabad asks, two senior Obama administration officials said on Friday.

“We’ve gotten more cooperation and it’s been a real sea change in the commitment we’ve seen from the Pakistan government. (But) we want more. We expect more,” Secretary of State Hillary Clinton told CBS’ “60 Minutes” in an interview, excerpts of which were released on Friday.

She added that Washington had also warned of “severe consequences” if a successful attack in America were traced back to Pakistan. She did not elaborate.

Investigations into the Pakistani-American suspect in last Saturday’s failed bombing attempt in New York’s Times Square have uncovered possible links to the Pakistani Taliban and a Kashmiri Islamist group.

That has prompted speculation the United States, Pakistan’s top provider of aid, could press Islamabad to open risky new fronts against Islamic militants.

But Defence Secretary Robert Gates, speaking to reporters on a trip to Kansas, appeared to play down the chances of an expanded Pakistani crackdown on insurgents.

He pointed to the strain on security forces already battling militants in tribal areas bordering Afghanistan.

“With their military operations in the west, they’ve started to be pretty thinly stretched themselves, as well as taking a substantial number of casualties,” Gates said.

The United States was ready to step up assistance to Pakistan, he said.

“We’re willing to do as much … as they are willing to accept,” Gates said. “We are prepared to do training, and exercise with them. How big that operation becomes is really up to them.”

DOUBLE GAME

Citing anti-American sentiment in Pakistan, Gates added, “They (Pakistani leaders) are also very interested in keeping our footprints as small as possible, at least for now.”

President Barack Obama’s administration has repeatedly praised Pakistani military operations over the past year, including the recent capture in Pakistan of the Afghan Taliban’s No. 2, Mullah Abdul Ghani Baradar.

Clinton said it marked an improvement from the “double game going on in the previous years, where we got a lot of lip service but very little produced.”

“We have seen the killing or capturing of a great number of the leadership of significant terrorist groups and we’re going (to) continue that,” she said.

The United States, which sees Pakistan’s effort against militants as crucial to its fight against the Taliban in Afghanistan, has about 200 military personnel in Pakistan, including Special Operations forces on a training mission.

The CIA is also waging a covert war using pilotless drone aircraft to target insurgents in Pakistan.

“I think cooperation has continued to (improve), the relationship is continuing to improve, and I think we just keep moving in that direction,” Gates said.

A White House official said the United States had been working with Pakistan and would keep assisting a Pakistani offensive to root out the Taliban.

“We’ve been working on the other side of the border, of course, with Pakistan in developing a strong partnership in which they have gone on the offensive — the largest offensive they’ve undertaken in some years — in order to root out extremists within their borders, including the Taliban,” deputy national security adviser Ben Rhodes told reporters.

(Additional reporting by Matt Spetalnick, Writing by Phil Stewart; Editing by Peter Cooney)

Pakistani American arrested in connection with failed Times Square bombing plot

New York, May 4 (ANI): US investigators have arrested a Connecticut man, a naturalized Pakistani American, in connection with Saturday night’s failed Times Square bombing plot.

According to sources, the man, identified as Faisal Shahzad, was believed to have bought the Nissan Pathfinder, the SUV which was found abandoned loaded with crude explosives at the busy Times Square.

Shahzad was apprehended at the Kennedy Airport, when he was apparently trying to flee, The New York Times reports.

Earlier, federal authorities confirmed ‘foreign links’ in the failed bombing plot, and said
they were probing the possibility of a ‘naturalized American citizen’ being involved in the incident.

Senior Obama administration officials said the latest investigations support the suspicion that there was a foreign connection behind the terror plot.

Sources said evidence includes international phone calls made by the person, who has not been identified publicly.

“Don”t be surprised if you find a foreign nexus. They”re looking at some tell-tale signs and they”re saying it”s pointing in that direction,” said a senior White House official.

It may be noted that the Pakistan Taliban has already claimed the responsibility for the bombing plot.

The last owner of the Nissan Pathfinder, had told the investigators that he had recently sold the SUV to a “Middle Eastern” or “Hispanic” looking man for 1,300 dollars.

Earlier, for the first time the White House confirmed that the plot was a ‘terrorist act’.

“I think that we have made really substantial progress. Ultimately this investigation will be successful and the people responsible for that attempt will be found and brought to justice,” Attorney General Eric Holder told reporters. (ANI)

Pak terror links found in failed Times Square bombing plot

New York, May 4 (ANI): US investigators probing Saturday night’s failed bomb attempt at the Times Square are probing the possibility of a ‘naturalized American citizen’ being involved, who was in Pakistan for several months and had returned to America recently.

According to sources, federal authorities have confirmed ‘foreign links’ in the failed bombing plot.

Senior Obama administration officials told Fox News that the latest investigations support the suspicion that there was a foreign connection behind the terror plot.

Sources said evidence includes international phone calls made by the person, who has not been identified publicly.

“Don”t be surprised if you find a foreign nexus. They”re looking at some tell-tale signs and they”re saying it”s pointing in that direction,” said a senior White House official.

It may be noted that the Pakistan Taliban has already claimed the responsibility for the bombing plot.

Meanwhile, the last owner of the Nissan Pathfinder, which was found abandoned loaded with crude explosives at the Times Square, has told the investigators that he had recently sold the SUV to a “Middle Eastern” or “Hispanic” looking man for 1,300 dollars.

Earlier, for the first time the White House confirmed that the plot was a ‘terrorist act’.

“I think that we have made really substantial progress. Ultimately this investigation will be successful and the people responsible for that attempt will be found and brought to justice,” Attorney General Eric Holder told reporters. (ANI)

Obama’s healthcare win could boost foreign policy

President Barack Obama’s domestic success on healthcare reform may pay dividends abroad as the strengthened U.S. leader taps his momentum to take on international issues with allies and adversaries.

More than a dozen foreign leaders have congratulated Obama on the new healthcare law in letters and phone calls, a sign of how much attention the fight for his top domestic policy priority received in capitals around the world.

Analysts and administration officials were cautious about the bump Obama could get from such a win: Iran is not going to rethink its nuclear program and North Korea is not going to return to the negotiating table simply because more Americans will get health insurance in the coming years, they said.

But the perception of increased clout, after a rocky first year that produced few major domestic or foreign policy victories, could generate momentum for Obama’s agenda at home and in his talks on a host of issues abroad.

“It helps him domestically and I also think it helps him internationally that he was able to win and get through a major piece of legislation,” said Stephen Hadley, former national security adviser to Republican President George W. Bush.

“It shows political strength, and that counts when dealing with foreign leaders.”

Obama’s deputy national security adviser Ben Rhodes said the Democratic president’s persistence in the long healthcare battle added credibility to his rhetoric on climate change, nuclear nonproliferation and other foreign policy goals.

“It sends a very important message about President Obama as a leader,” Rhodes told Reuters during an interview in his West Wing office.

“The criticism has been: (He) sets big goals but doesn’t close the deal. So, there’s no more affirmative answer to that criticism than closing the biggest deal you have going.”

Foreign policy dividends have been minimal in the short amount of time since he signed the healthcare bill into law on Tuesday.

Exhibit A: a one-on-one meeting this week between Obama and Prime Minister Benjamin Netanyahu of Israel, a country that closely tracks U.S. domestic policy, yielded little sign of a breakthrough in a dispute over Jewish housing construction on occupied land in Israeli-annexed East Jerusalem.

A FOREIGN POLICY SUCCESS, TOO

Still, some specific foreign policy successes are looming.

U.S. and Russian officials say Washington and Moscow are close to announcing an agreement on a nuclear arms reduction treaty, which would require a two-thirds majority in the U.S. Senate for ratification.

Some analysts said Russia was watching Obama’s domestic successes and failures throughout the process.

“I think there were some in the Kremlin saying, ‘how strong is he? If he can’t get some of these things through, does that give us more leverage to push him on arms control?’” said Steven Pifer, a former U.S. ambassador to Ukraine and now a senior fellow at the Washington-based Brookings Institution.

Administration officials played down a connection between healthcare and talks with Russia on the START nuclear arms treaty, though Rhodes said the processes that led to success on both issues were similar.

“Like healthcare, the START treaty has been a negotiation where at times we seemed very close to getting a deal done and then there were huge roadblocks,” Rhodes said, crediting Obama and Russian President Dmitry Medvedev for sticking it out.

“So, it was a similar narrative of persistence, of refusing to throw in the towel at times when he could have.”

Foreign leaders have noted the persistence.

German Chancellor Angela Merkel, French President Nicolas Sarkozy, and British Prime Minister Gordon Brown were among the leaders who congratulated Obama, and South Korean President Lee Myung-bak said the healthcare win would have a positive impact abroad, according to White House spokesman Robert Gibbs.

Analysts said the bill’s passage showed Obama could deliver votes for domestic legislation with foreign policy components, such as rules to fight climate change, currently stalled in the Senate, which European leaders are eager to see advance.

James Lindsay, senior vice president at the Council on Foreign Relations in New York, who was sceptical that Obama’s healthcare win would have a huge foreign policy benefit, said the law did free up the president to focus less on purely domestic issues.

“If the president had lost on healthcare, it would have further sapped his popularity as president, requiring him to spend even more time on domestic affairs and left him with less time to devote to foreign policy,” he said.

“That’s not the same as saying that because the healthcare bill has passed that the Iranians are going to be more pliable in their nuclear program, that the Israelis are going to rethink their settlement policy or the Chinese are going to become more agreeable on currency issues.”

(Editing by Xavier Briand)

Kayani leaves for US to take part in next week’s strategic dialogue

Islamabad, Mar.20 (ANI): Pakistan Chief of Army Staff (COAS), General Ashfaq Parvez Kayani has left for the United States to take part in the upcoming strategic dialogue between the two countries on March 24.

During his ‘official’ visit, Kayani is also likely to meet top US military and government officials in Tampa and Washington, The Dawn reports.

Foreign Minister Shah Mehmood Qureshi would head the Pakistani delegation while the Secretary of State Hillary Clinton would represent Washington during the next week’s talks.

In recent months, senior Obama Administration officials have been hailing the close ties with Pakistan, which has acted tough on extremist leaders hiding inside its boundary.

Next week’s strategic dialogue, the first at the ministerial level, takes place in the backdrop of Pakistan’s consistent demands from the US to help it ‘more’ in order to enable it to take on the extremists more effectively in the ‘war on terror’. (ANI)

Pompey’s survival bid continues

Troubled English Premier League club Portsmouth received a boost in its attempt to avoid liquidation overnight as the British tax authority accepted the team’s move into administration.

Officials at HM Revenue and Customs had insisted Portsmouth’s owner Balram Chainrai did not have the legal right to put the club into administration, but they have now abandoned that claim.

Chainrai appointed Andrew Andronikou as the club’s administrator last month and he cut 85 jobs at the club on Wednesday (local time).

“The Revenue has accepted the administration is valid,” a spokesman for the club said.

FA Cup semi-finalist Portsmouth, currently bottom of the Premier League, now faces a nine-point deduction for entering into administration and the punishment is almost certain to lead to its relegation at the end of the season.

Pompey have debts totalling over 80 million pounds ($131.64 million) and became the first Premier League club to enter administration last month.

Massive savings are needed to keep the club afloat but players – the highest earners on the payroll – cannot be made redundant due to protection afforded to them by the Professional Footballers’ Association.

On Wednesday, 85 of the cash-strapped club’s employees were made redundant.

Andronikou has considered trying to persuade the Premier League to let him sell players outside the transfer window and then get them loaned back to Portsmouth, where they would become non-playing members of the squad.

But with an FA Cup semi-final against Fulham or Tottenham looming, Andronikou is adamant no players will leave Fratton Park before the Wembley showdown next month.

-AFP

Obama’s Decision on Location of 9/11 Terror Trials Part of Larger Puzzle

The prospect of moving the trial for suspected September 11 mastermind Khalid Sheikh Mohammed out of criminal court and into a military tribunal is just one piece of a national security puzzle for the Obama administration, officials say.
The prospect of moving the trial for suspected Sept. 11 mastermind Khalid Sheikh Mohammed out of criminal court and into a military tribunal is just one piece of a national security puzzle being assembled by the Obama administration, officials say.

The administration is considering reversing its decision to try Mohammed and four others accused of plotting the Sept. 11 attacks in civilian court, moving them instead to a military court — either at Guantanamo or a military facility within the U.S.

A senior administration official deeply involved in White House deliberations told Fox News that a decision on the case is “weeks away” and will not be made or announced before President Obama leaves for Guam, Indonesia and Australia on March 18.

While the decision could finally enable Obama to close the terrorist detainee center at Guantanamo Bay, it also is linked to a “basket of other issues,” a senior administration official told Fox News. That includes obtaining congressional funding for the Thomson Maximum Security prison in Illinois — the designated successor to Guantanamo Bay as a detainee holding facility. The administration also hopes to obtain funding for other terror trials in civilian courts.

Another issue linked to the 9/11 case is producing a law on the permanent detention of terror suspects who are too dangerous to be released but unable to be tried in civilian or military courts because evidence collected was tainted by harsh interrogation tactics or for other reasons.

Photo purporting to show Khalid Sheik Mohammed in detention at Guantanamo Bay, Cuba. (AP)

The decision on the 9/11 trial “is part of a basket of issues that is bigger than one case or one decision about one case,” the senior official told Fox News.

The biggest issue could be how the decision will sit with his supporters on the left. Such a move could prove poisonous for the administration’s relationship with its liberal base.

The president has already disappointed his supporters by maintaining military tribunals after temporarily suspending them, by continuing the option of indefinite detention and by faltering in his vow to close Guantanamo Bay one year after his inauguration.

“If this stunning reversal comes to pass, President Obama will deal a death blow to his own Justice Department, not to mention American values,” American Civil Liberties Union Director Anthony Romero said in a written statement.

“Hope and change will not rectify the damage today to the United States’ international reputation,” Amnesty International USA Director Larry Cox said.

But reversing course on the plan to try suspected terrorists in criminal courtrooms could be pitched as a concession made for the greater goal of closing the Guantanamo detention camp. A source familiar with the administration’s policy review told Fox News that Obama is testing the waters to see how far he can push his base without sending it over the edge, for the sake of an elusive bipartisan bargain that would ultimately allow him to follow through on his pledge one day after his inauguration to close the Cuban military prison for good.

The venue for the Sept. 11 terror suspects has emerged as somewhat of a bargaining chip in that effort. Republicans, namely Sen. Lindsey Graham, R-S.C., who are willing to support Obama’s effort to close Guantanamo are fiercely opposed to civilian trials.

Asked on Friday whether the view exists that turning over the suspects to tribunals would help free up funding in Congress to close Guantanamo, Graham told Fox News, “Not that I’m aware of.”

But he said sending the suspects to tribunals would demonstrate “good leadership,” and he suggested it could grease the wheels toward closing the Cuba-based camp.

“I have advocated the closing of Guantanamo Bay if you can do it safely,” Graham said. Trying the suspects in tribunals “would give us a chance to close Guantanamo safely.”

Graham said more research will need to be done to determine what to do with those detainees the administration has determined are too dangerous to be released or tried.

The Washington Post reported Friday, citing unnamed administration officials, that top advisers are close to a decision recommending that the self-proclaimed mastermind of the Sept. 11, 2001, attacks be prosecuted in a military tribunal.

According to the report, the president’s advisers have grown increasingly wary of bipartisan opposition to the planned civilian federal trial for Mohammed and his four alleged conspirators in New York City, mere blocks from where nearly 3,000 Americans were killed in the attack on the World Trade Center.

White House officials told Fox News that no final decision has been made. The administration has been considering tribunals for the alleged Sept. 11 attack plotters for several weeks. At issue is both the location of the planned trial and the venue.

First the administration would have to decide whether to have the trials in New York City, and then whether to hold them in a tribunal elsewhere. A military tribunal would have to be held at a military base — and Guantanamo Bay itself is one option. Other possibilities are Fort Leavenworth in Kansas and the U.S. Naval Consolidated Brig in Charleston, S.C.

US accepts Iranian offer to hold discussions

Washington, Sep. 11 (ANI): The United States has accepted Iran’s proposal to hold talks, despite the Islamic republic announcing that it would not bring its future nuclear programs on the discussions table.

The decision to engage directly with Iran would put a senior representative of the Obama administration at the bargaining table, along with emissaries from five other nations, for the first time since Obama took office, the New York Times reports.

The decision is bound to raise protests from conservatives and human rights groups.

Earlier on Friday, senior administration officials said that their expectations from the talks were extremely low.

“We’ll be looking to see if they are willing to engage seriously on these issues. If we have talks, we will plan to bring up the nuclear issue,” paper quoted US State Department spokesman Philip J. Crowley, as saying.

They added that the United States could make a case for imposing far stronger sanctions on Iran if diplomatic engagements fail.

Britain, France, Russia, China and Germany are going to be present on the discussion table, who in the past have negotiated with Iran even without the presence of an American representative.

Iran made its offer to meet in a five-page letter delivered to several nations on Wednesday.

But the letter said nothing about Iran’s nuclear program. However, this week Iranian President Mahmoud Ahmadinejad vowed never to halt the fuel production.

Within less than 48 hours the Obama administration said they would consider the offer to meet.

Even though it is unclear who will represent the US on the discussion table, but most probably William J. Burns, the under secretary of state for political affairs, will lead America.

Earlier, Burns was quoted as saying that the Obama administration had begun preparing sanctions against Iran, so that it would be ready to implement them at the end of the year. (ANI)

US accepts Iranian offer to hold discussions

Washington, Sep. 11 (ANI): The United States has accepted Iran’s proposal to hold talks, despite the Islamic republic announcing that it would not bring its future nuclear programs on the discussions table.

The decision to engage directly with Iran would put a senior representative of the Obama administration at the bargaining table, along with emissaries from five other nations, for the first time since Obama took office, the New York Times reports.

The decision is bound to raise protests from conservatives and human rights groups.

Earlier on Friday, senior administration officials said that their expectations from the talks were extremely low.

“We’ll be looking to see if they are willing to engage seriously on these issues. If we have talks, we will plan to bring up the nuclear issue,” paper quoted US State Department spokesman Philip J. Crowley, as saying.

They added that the United States could make a case for imposing far stronger sanctions on Iran if diplomatic engagements fail.

Britain, France, Russia, China and Germany are going to be present on the discussion table, who in the past have negotiated with Iran even without the presence of an American representative.

Iran made its offer to meet in a five-page letter delivered to several nations on Wednesday.

But the letter said nothing about Iran’s nuclear program. However, this week Iranian President Mahmoud Ahmadinejad vowed never to halt the fuel production.

Within less than 48 hours the Obama administration said they would consider the offer to meet.

Even though it is unclear who will represent the US on the discussion table, but most probably William J. Burns, the under secretary of state for political affairs, will lead America.

Earlier, Burns was quoted as saying that the Obama administration had begun preparing sanctions against Iran, so that it would be ready to implement them at the end of the year. (ANI)

Haryana CM’s helicopter makes emergency landing in Hisar

Hisar, Sep. 9 (ANI): Haryana CM Bhupinder Singh Hooda’s helicopter today made an emergency landing here due to bad weather.

District administration officials confirmed that the helicopter carrying Hooda, who was flying from New Delhi to Muktsar in Punjab, landed in Hisar on Wednesday afternoon.

“The chief minister’s chopper made an absolutely safe landing here. It was only an emergency landing. He has left for Delhi by road now,” said Navdeep Singh Virk, Hisar Superintendent of Police. ccording to sources, Hooda opted to land safely in Hasar after pilots warned of bad weather ahead.

Last week, Andhra Pradesh CM Y.S. Rajasekhara Reddy and four others were killed when their helicopter crashed on a hill of the Nallamalla forest range near Kurnool. (ANI)

US in delicate spot over Afghan vote fraud claims: NYT

Washington, Sep.9 (ANI): Though Obama administration officials are reluctant to confirm that there has been wholesale fraud in the presidential elections in Afghanistan, they have recognised that with President Hamid Karzai getting a slim majority, that they will have to keep dealing with him for another five years.

While there are clearly numerous egregious instances of fraud or vote-rigging, these officials said, it would take further investigation to judge whether, as one put it, “this whole thing is rotten, top to bottom.”

According to the New York Times, their caution reflects the fact that while the initial vote-counting has reached its conclusion, the Electoral Complaints Commission, an Afghan and international panel that will certify the final count, is still in the early stages of an investigation that could take several weeks.

They know that raising too many doubts about Karzai’s legitimacy could make it impossible to work with him later.

“Even if we get a second round of voting, the odds are still high that Karzai will win. We have a fundamental interest in building up the legitimacy of the Karzai government,” said Bruce Riedel, a senior fellow at the Brookings Institution who advised the administration on its Afghan policy.

European diplomats have also expressed a similar frustration that they were powerless to do much now except wait.

“There’s a great perception out there that Karzai has stolen this,” one diplomat said.

“I’m realistic enough to know that there’s not much we can do about that right now,” he adds.

The American ambassador in Kabul, Karl W. Eikenberry, has briefed US Secretary of State Hillary Rodham Clinton and has also delivered a blunt message to Karzai: “Don’t declare victory.”

The slim majority tentatively awarded to Karzai, has put the Obama administration in an awkward spot: trying to balance its professed determination to investigate mounting allegations of corruption and vote-rigging while not utterly alienating the man who seems likely to remain the country’s leader for another five years.

“We realize that the allegations have reached such a level that we need to be very careful to allow the process to breathe,” said an administration official, who spoke on the condition of anonymity.

“The message was, Let’s make sure that the electoral bodies do their work, and do it rigorously,” he added.

On Tuesday, the United Nations-backed commission that is the ultimate arbiter of the vote said it found “clear and convincing evidence of fraud” at several polling stations and ordered a partial recount.

Election officials said Karzai won 54.1 percent of the vote, a percentage that, if certified, would spare him a runoff against his main challenger, Abdullah Abdullah, who received 28.3 percent. (ANI)

Chidambaram meets FBI, New York Police officials, gets anti-terrorism tips

New York/Washington, Sep.9 (ANI): India’s Home Minister P. Chidambaram on Tuesday, was briefed by officials from FBI, intelligence and security agencies and the New York Police about the measures being taken by them to prevent a Mumbai-type terrorist attack.

From walking at the Penn Station, to a briefing by the New York Police, which had made several changes in its counter-terrorism measures post the 26/11 attacks, Chidambaram and his team of officials got to know what a mega city like New York can do to protect itself from terrorists without inconveniencing its residents.

Chidambaram was also informed about the coast guard facility at Staten Island. It was an important aspect of his trip given that the terrorists who attacked Mumbai on November 26 last year entered Mumbai through the sea route.

Within hours of his landing in New York, Chidambaram visited the Joint Terror Task Force Centre of the FBI where he was given an exclusive briefing by the New York Police Department.

Before leaving New York City for Washington by train, Chidambaram was briefed about security of the Mass Transport System at the Penn station.

In Washington, Chidambaram will meet with top Obama Administration officials, heads of intelligence and security agencies and influential lawmakers over the next three days.

Apart from discussing the 26/11 dossiers that India has submitted to Pakistan,Chidambaram will also discuss issues related to combating financing of terrorism and steps which will need to be taken in this regard as well as with regard to prevention of money laundering.

Ways to strengthen Indo-US anti-terrorism cooperation are among the issues likely to figure prominently in the talks on Wednesday and Thursday.

Chidambaram will meet his counterpart Janet Napolitano; Secretary of State Hillary Clinton, Treasury Secretary Timothy Geithner and Attorney General Eric H Holder.

The Home Minister is also scheduled to meet the top US intelligence and security officials, including FBI Director Robert Mueller and Director of National Intelligence Dennis C Blair; besides meeting National Security Adviser, Gen (Retd) James Jones at the White House. A tour of the National Counter-terrorism Centre in Virginia is also on his itinerary.

Besides meeting experts and think-tanks’ members, Chidambaram is expected to hold talks with key US lawmakers, including Senator Joe Lieberman, Chairman, Senate Homeland Security and Governmental Affairs Committee; and Congressman Sylvester Reyes, Chairman, House Select Committee on Intelligence. (ANI)

U.S.-Afghan ties strained over election: NYT

New York, Aug.29 (ANI): Reports of widespread fraud in the second presidential elections in Afghanistan have introduced an unwanted strain in the relationship between Kabul and the United States.

Afghanistan’s Electoral Complaints Commission said Friday that it had received over 2,000 complaints of fraud or abuse in last week’s election.

Karzai’s biggest rival and former foreign minister, Abdullah Abdullah, showed reporters video of a local election chief in one polling station stuffing ballot boxes.

The vote count has progressed very slowly in Afghanistan – as of Friday, preliminary results with 17 percent of the vote in gave Karzai 44 percent and Abdullah 35 percent. If no candidate wins 50 percent of the vote, a runoff must be held between the top two candidates.

For US President Barack Obama, who is on vacation here in Martha’s Vineyard, and his administration, it is the worst of all possible outcomes.

According to the New York Times, administration officials have made no secret of their growing disenchantment with Karzai, who is viewed by the West as having so compromised himself to try to get elected – including striking deals with accused drug dealers and warlords for political gain.

But Karzai has shrewdly managed to turn that disenchantment to an advantage, portraying himself at home as the only political candidate willing to stand up to the dictates of the United States, according to Western officials.

Last week, Karzai and Richard C. Holbrooke, Obama’s special representative for Afghanistan and Pakistan, are said to have had a heated interaction in Kabul over the way the elections may have been manipulated.

Holbrooke said that while Washington is maintaining a neutral position on the polls, did express concern about the complaints about fraud and ballot-box stuffing.

Holbrooke is also said to have demanded a runoff election in what one report characterized as the “explosive” meeting with Karzai.

Obama administration officials accused Karzai’s agents of leaking to the news media select portions of the exchange between the two men, in order to make it look as if Washington is trying to force the rightful winner of the Afghan presidential elections – Karzai – into holding a runoff to satisfy American demands.

Whatever the case, the atmosphere may now have become so poisoned between the United States and Karzai that the Obama administration will be hampered no matter what course it takes. (ANI)

Obama approves new US team to interrogate key terrorism suspects

Washington, Aug.24 (ANI): U.S. President Barack Obama has approved the creation of an elite team of interrogators to question key terrorism suspects, The Washington Post reported Monday.

Citing unnamed senior administration officials, the newspaper said the decision was part of a broader effort to revamp US policy on detention and interrogation.

Obama signed off on the unit, named the High-Value Detainee Interrogation Group (HIG) late last week, the paper said.

It will be made up of experts from several intelligence and law enforcement agencies and housed at the FBI, the paper noted.

The group will be overseen by the National Security Council, which means shifting the centre of gravity away from the CIA and giving the White House direct oversight, The Post said.

Obama moved to overhaul interrogation and detention guidelines soon after taking office, including the creation of a task force on interrogation and transfer policies, the report said.

The task force, whose findings will be made public Monday, recommended the new interrogation unit, along with other changes regarding the way prisoners are transferred overseas, The Post pointed out. (ANI)

U.S. fears rifts in Afghanistan if presidential vote heads for runoff

Kabul, Aug.22 (ANI): Western officials here have expressed relief that many Afghans defied Taliban threats of reprisals and came out to vote, but they were clearly concerned on Friday that a second round of voting could extend the paralysis of a government that already barely functions and deepen ethnic tensions, in the worst case, to the point of a north-south civil war.

A runoff, according to the New York Times, would also leave many of the Obama administration’s Afghanistan policy initiatives up in the air- like fighting corruption and improving distribution of aid.

The new uncertainties come on top of the stiff military challenges facing the Obama administration as it sends thousands more troops to southern Afghanistan, where Taliban attacks and very low turnout on election day made clear the insurgents’ influence.

Privately, however, American officials have set out a number of possible ways that the election aftermath could affect their operations.

During a meeting on Thursday, Gen. Stanley A. McChrystal, the leader of American and NATO combat operations here, discussed how the military would have to adapt to each.

Particularly worrisome was the specter of a divisive ethnic presidential runoff between Karzai, whose power base is in the Pashtun south, and Abdullah, whose main support resides in the Tajik and Uzbek north, officials said.

Karzai himself has in the past raised the specter of ethnic violence, telling officials that if there was a runoff it could lead to a civil war, Western officials said.

For all of their worry about the problems that a runoff could bring, administration officials have also made clear they are not enamored of the Karzai government, and the president’s re-election would not be risk-free, either.

Should Karzai win, either outright or in a second round, Obama administration officials could find themselves with a president who has engaged in so much deal-making that he may well be even more beholden to warlords than before.

American officials are, however, taking pains to present a neutral public front.Our only interest was the result, fairly, accurately reflecting the will of the Afghan people,” President Obama told reporters at the White House.

Obama’s Special Envoy for Pakistan and Afghanistan, Richard C. Holbrooke met privately on Friday with Karzai and Abdullah in Kabul.

Western diplomats said that if there was a runoff, it would be widely seen as a blow to Karzai and a boost for Abdullah. (ANI)

When Obama’s teleprompter crashed mid-speech

Washington, July 14 (ANI): US President Barack Obama was literally at the loss of words recently, when one of his teleprompter screens broke midway through his speech.

It was when Obama had just started a spirited defence of his economic stimulus plan on Monday, that one of his teleprompter screens came loose, crashed to the floor, and shattered into pieces.

The President, who uses a teleprompter during most speeches and even brief remarks, was taken by surprise at the mishap.

He was speaking in the auditorium of the Eisenhower Executive Office Building, a massive building within the White House compound.

“Oh, goodness. Sorry about that, guys,” Fox News quoted Obama as saying.

And his audience, which included administration officials, mayors and urban policy experts, broke into laughter as Obama went back to his text.

Then Obama had to use notes and the remaining teleprompter screen to finish his 11-minute remarks calling for a new policy toward the nation’s cities and metropolitan areas.

Obama has been criticized for relying too heavily on his teleprompter for routine remarks and the device has become jokingly known as “TOTUS.” (ANI)