Saturday, July 16, 2011

RCI Cyberjournal

Edition 15 July 2011
Canadian International Financial Sports Weather
Canadian

CANADA JOINS IN DELEGITIMIZATION OF GHADAFI

Canada has joined more than 30 other nations in declaring the government of Libyan strongman Moammar Ghadafi illegitimate. The nations say they'll henceforth deal with the country's main rebel group, the National Transitional Council. Canada is represented at the meeting in Turkey by Foreign Minister John Baird. Last month, Canada declared the Council to be the legitimate representative of the Libyan people, a move which Mr. Baird says is tantamount to Friday's development. The minister also says Ottawa is considering setting up a diplomatic mission in the rebel stronghold of Benghazi. The U.S. is one of the nations represented at the meeting in Turkey and its recognition of the rebels will enable it to fund them with some of the $30 million in Gadhafi's assets that are frozen in U.S. banks. But Mr. Baird says Canada cannot follow suit because it took steps in conjunction with the UN. The minister says the Security Council would have to take further action for Canada to release Libyan assets.



EU UPBEAT ON CHANCES OF TRADE DEAL WITH CANADA

The EU's trade spokesman says significant progress was achieved in Brussels this week during the latest round of trade negotiations for a free-trade accord between the EU and Canada. He says there has been progress on the issues of goods, services and government procurement. Canadian Trade Minister Ed Fast says the two sides will present their offers on services and investment before the next round of talks in Ottawa in October. Negotiators had been hoping to conclude a deal by the end of the year but prospects for that now seem unlikely. On Thursday, there were reports of disagreement about guarantees for Canadian investment in Europe, as well as European investment in Canada, particularly in energy and mining



OTTAWA: OTTAWA IMPLORED TO DO MORE FOR EAST AFRICA DISASTER

The World Vision Canada aid organization is urging the Canadian government to do whatever it can to help people in drought-stricken East Africa. The organization says as many as 500,000 children could be without their parents as they flee Somalia for neighbouring countries in search of food and shelter. World Vision says all efforts must be made to make sure children are not separated from their families. UNICEF calls the Somalia drought and resulting refugee crisis the most severe humanitarian emergency in the world.



AFGHAN TRANSLATORS TO SETTLE IN CANADA

Several hundred Afghan interpreters who risked their lives by working with Canadian soldiers during their combat mission in Afghanistan will soon be resettling in Canada. Citizenship and Immigration Minister Jason Kenney says his department expects to admit 550 interpreters under the resettlement program. The translators have until Sept. 12 to apply. The minister saluted the courage and bravery of Afghans who co-operated with the Canadian Forces. At least six interpreters died alongside Canadian troops and an unknown number were killed by roadside bombs. Applicants for resettlement must have served with the Canadians for at least 12 months, present a letter of recommendation from a senior soldier or diplomat and meet standard immigration criteria.



WINNIPEG: FLOODS DISASTROUS TO FARMERS

Spring floods have caused extensive damage to farmland in the western Canadian province of Manitoba. The province's biggest farm organization says more than 12,000 square kilometres of farmland have been rendered useless for this year. At least one farmer near Souris in the southwest says his fields are so waterlogged, he might not be able to plant a crop next year.



VANCOUVER: DIAGNOSIS FOR GOUGING VICTIM GRIM

Doctors in the Pacific Coast Canadian city of Vancouver, B.C., say they cannot save the left eye of a woman whose eyes were gouged in a domestic attack last month during a trip home to Bangladesh. Rumana Monzur, a student at the University of British Columbia, is about to undergo a fourth operation since she arrived in Vancouver 10 days ago. It's not known if doctors can restore any vision in her right eye. Her husband is in jail in Bangladesh on a charge of attempted murder.





International

SYRIA

Activists report that at least 28 civilians were killed by Syria's security forces in demonstrations after Friday prayers. Sixteen of the victims lost their lives in three neighbourhoods of Damascus, which until now has been relatively calm. Other deaths were reported in the northwestern city of Idlib and in Dera'a in the south. The sources say one million protesters turned out in Hama and Deir Ezzor. They demanded the ouster of President Bashar al-Assad and the release of hundreds of detainees arrested at earlier protests.



UNITED STATES

Taiwan says it is in the best interest of U.S. security to support the island with new weaponry. Taiwanese government spokesman Philip Yang says relations with mainland China have improved greatly in the past three years, and cited last year's economic co-operation pact. But Mr. Yang cited advances in China's air force and the test earlier this year of a stealth warplane as proof that Taiwan's armaments must improve as well. Taiwan wants to buy advanced F-16 jet fighters and upgrades of its existing less advanced ones. The last time the Obama administration announced a major arms sale to Taiwan, China reacted by suspending military relations with Washington.



RUSSIA

A Russian liberal opposition leader says his coalition is appealing a justice ministry ruling that denied it the party registration needed to participate in December's parliamentary elections. The ministry's denial of registration last month to the Party of People's Freedom was criticized by the United States and the European Union. Vladimir Ryzhkov, a co-leader of the party and former lawmaker, says there are five arguments in the ministry's ruling but that not a single one is valid. Among its reasons for rejecting the opposition party's application last month, the justice ministry said the 46,000 signatures of supporters required for registration included dead people and teenagers. Mr. Rhyzkov has denied the allegation. Last month, President Dmitry Medvedev said the People's Freedom Party still had a chance to register if it corrected the rules violations the ministry cited in its decision.



CHINA

There's a report that Chinese artist and activist Ai Weiwei was kept in a tiny cell and watched constantly by two guards during the nearly three months he spent in detention. His sister Gao Ge made the revelation Friday in Beijing. She claims that the guards, who worked three-hour shifts, even watched him when he showered, and the lights in his cell were kept on all night. She also says that her brother spent his time pacing up and down in the cell. Little had emerged about the conditions of Mr. Ai's incarceration since he was released and the artist has said he is not allowed to give media interviews as part of his bail conditions. Mr. Ai, an outspoken critic of the Chinese Communist Party whose arrest caused an international outcry, was released last month but has been told he cannot leave Beijing without official permission under his bail conditions.



BRITAIN

Media mogul Rupert Murdoch will publish an apology this weekend in British newspaper over the ongoing telephone hacking scandal. The apology will say that his now defunct News of the World tried to hold others to account but failed when it came to itself. Mr. Murdoch apologizes for the wrong done to individuals and acknowledges that News Corp. should have acted faster to "sort things out." However, in an interview with the Wall Street Journal, which he owns, he defended the way his News Corp. managers had handled the crisis, referring to "minor mistakes." The CEO of News International, Rebekah Brooks, has been at the centre of the scandal. She's a former editor of News of the World and The Sun. She resigned on Friday.



NIGERIA

Amnesty International reports that the Nigerian army killed at least 25 people and injured at least 45 last weekend in the northeastern city of Maiduguri, where there had been a bomb blast blamed on Islamist militants. There have been a series of attacks there by the Boko Haram group and hundreds of troops have been deployed. Amnesty claims the troops cordoned off the bomb site then went house to house, shooting and arresting people and burning several houses. The soldiers were again accused of shooting civilians on Friday. After the first incident, the military reported 11 dead, all of them Boko Haram adherents. Amnesty has called on the Nigerian government to investigate the incident and bring to justice the perpetrators.





Financial

ALI SUES OVER SLOGAN USE

A business that markets boxing great Muhammad Ali is suing a company in which Canada's biggest bookselling chain has a majority share. Muhammad Ali Enterprises LLC has sued Canadian digital bookseller Kobo Inc. in a court in Manhattan over use of one of Ali's slogans. Kobo is 60-per cent owned by Indigo Books. The suit alleges that Kobo used the slogan "Float like a butterfly, sting like a bee" in an advertisement for its dReader, an electronic look-reading device. The complaint says the slogan is a registered trademark that is licensed to third parties. The plaintiff demands a court order to prevent its further use and unspecified damages.



MARKETS

TSX on Friday: 13,300 + 47. Dollar: US$1.04. Euro: $1.35. Oil: $97.35 + $1.66.





Sports

SPORTS

HOCKEY

Sidney Crosby has resumed

on-ice workouts in his comeback from a serious concussion,

giving the Pittsburgh Penguins and National Hockey League

a boost of optimism about his return for next season. The Pittsburgh

Tribune-Review says Crosby, who has not played since Jan. 5, is training near

his home in Halifax, NS. The 23-year-old Crosby, a former NHL Most Valuable Player

and the league's top drawing card, missed half of last season

when his campaign was cut short after he was slammed into the

end boards by Tampa Bay defenseman Victor Hedman.

FOOTBALL

History could be made in the Canadian Football League on Friday night. Montreal quarterback Anthony Calvillo needs just one touchdown toss to surpass Damon Allen's career record of 394 when the Als host the Toronto Argonauts. The Argos haven't given up a touchdown through air this season.





Weather

WEATHER

British Columbia on Saturday: rain, high C18 Vancouver. Yukon, Nunavut: rain. Northwest Territories: mix sun cloud. Whitehorse 20, Yellowknife 22, Iqaluit 12. Alberta: mix sun cloud north, rain south. Saskatchewan: sun. Manitoba: rain. Edmonton 24,Regina 30, Winnipeg 33. Ontario: mix sun cloud. Quebec: sun. Toronto, Montreal 31, Ottawa 30. New Brunswick, Nova Scotia: mix sun cloud. Prince Edward Island, Newfoundland and Labrador: rain. Fredericton 30, Halifax 22, Charlottetown, St. John's 19.





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