Thursday, September 15, 2011

RCI Cyberjournal

Edition 14 September 2011
Canadian International Financial Sports Weather
Canadian

CANADA OPPOSED TO U.S. STIMULUS MEASURE

The Canadian government says it will fight a provision in the U.S. economic stimulus package proposed by President Barack Obama which the government considers protectionist. Canadian Trade Minister Ed Fast says he has told his officials to start the consultation process that was established as part of the Canada-U.S. accord on government procurement reached in 2010. Mr. Fast also says the government will express its concerns to the White House and to Congress. Mr. Obama has proposed a $447-billion bill to revive the stalled U.S. economy. A section of the American Jobs Acts revealed on Tuesday specifies that none of the money intended to build, maintain or repair public works can be spent unless all of the iron, steel and manufactured goods come from the U.S. About one-fifth of the proposed spending is meant for such projects.



DEADLINE NEARS FOR SOMALIA AID

The Canadian government is urging people to open their hearts and wallets to help famine victims in Somalia and the other nations of the Horn of Africa. International Co-operation Minister Bev Oda says $36 million has been contributed by individual Canadians to aid agencies so far but she's urging they give even more. The government has offered matching funds for private contributions. The deadline for the offer is Friday. Ottawa had already contributed $72 million for relief in the Horn. The UN has said it faces a $1-billion shortfall in trying to cope with Somalia's worst famine in 60 years.



CANADA, U.S. TO CONDUCT CROSS-BORDER INVESTIGATIONS

U.S. Attorney General Eric Holder says his country and Canada will designate officers empowered to conduct investigations on both sides of the border. He told a group of federal prosecutors and district attorneys from northern border districts that the pilot project will start next year. Mr. Holder says the initiative results from a bilateral accord earlier this year to co-operate more on law enforcement.



EUROPEAN COURT REJECTS SEAL BAN CHALLENGE

The European General Court has rejected a bid by Canada's largest Inuit organization to challenge the EU's ban on seal products. The court ruled that the challenge by Inuit Tapiriit Kanatama and several seal industry organizations was inadmissible. The Canadian wing of the Humane Society International says the decision "puts another nail in the coffin" of the commercial sealing industry. However, the Fur Institute of Canada says a group that had earlier challenged the EU ban will launch another case based on how it is implemented. The EU ban exempts from the ban seal products from aboriginal groups. But the Inuit argue that their markets will plummet along with the rest of the commercial industry unless it's overturned.



OPPOSITION PARTY REMEMBERS FALLEN LEADER

Canada's official opposition party held a caucus meeting in Quebec City on Wednesday. The New Democratic Party won a record 103 seats in the House of Commons on May 2, including 59 from Quebec. Its leader Jack Layton died in August, forcing the party to hold a leadership race at the same time that Parliament resumes, starting Monday. Interim leader Nycole Turmel says the contract between her party and the governing Conservatives will be immediately apparent, as the opposition formation tries to persuade the government to abandon its plan to balance the budget in 2014 and instead to invest in job-creating initiatives such as strategic infrastructure.



INFRASTRUCTURE DISINTEGRATING IN SECOND-BIGGEST CANADIAN CITY

The city of Montreal says its infrastructure is collapsing. A report by the city government says almost one-third of its bridges, tunnels and overpasses need work. The report describes a dozen of them as being in critical shape. The condition of Montreal's infrastructure caused considerable comment this summer after a giant concrete slab fell onto the surface of a downtown expressway and bridge closures caused huge traffic jams. Observers have cited poor construction materials and inadequate maintenance as the most probable factors.





International

FRANCE

The leaders of France and Germany say they're convinced that the future of Greece lies in the eurozone. Nicolas Sarkozy and Angela Merkel offered that assessment after a teleconference with Greek Prime Minister George Papandreou. The statement by Mr. Sarkozy and Mrs. Merkel says they convinced as well that the Greek government intends to put into place all the austerity measures required to continue to receive money from a EU-IMF bailout package. Several eurozone countries have expressed frustration with the Greek government's delay in passing austerity measures already agreed on. The Greek government could be forced to default on its debts next month if it doesn't receive eight billion more euros.



AFGHANISTAN

A 20-hour insurgent assault against the US Embassy and NATO compounds in the heart of Afghanistan's capital of Kabul has ended. All six attackers were killed inside the downtown building where they had been holed up during the daylight attack. At least seven Afghans died in the insurgent attack, but no embassy or NATO staffers were hurt. The U.S. ambassador to Afghanistan, Ryan Crocker, blamed the Pakistani-based Haqqani network. The Haqqani network is affiliated with both the Taliban and al-Qaida.



LIBYA

A car bombing Wednesday morning killed 13 people and wounded scores of others in southern Iraq as the blast went off outside a restaurant where local police were having breakfast. It was not immediately clear how many police were among the dead. The blast also wounded 41 people. The explosion happened just south of Hillah, in the town of al-Shumali 90 kilometres south of Baghdad. Elsewhere, a roadside bomb targeting a security patrol in western Iraq killed two soldiers and wounded nine others. That blast attack took place near the town of Habbaniyah, 80 kilometres west of Baghdad, in Iraq's Sunni-dominated Anbar province where insurgents frequently attack security forces who have worked with the US military.



UNITED STATES

A final report on the massive Gulf of Mexico oil spill last year has placed most of the blame on BP. The report by the U.S. Coast Guard and the Bureau of Ocean Energy Management says BP was solely responsible for 21 of 36 contributing causes of the disaster, and shared blame for eight others. The report also blames the Transocean company which owned the blasted oil rig, and the Haliburton engineering firm, which was responsible for cement work. Eleven workers died in the explosion on the rig and more than four million barrels of oil subsequently spilled into the Gulf. The report may be pivotal in the multibillion-dollar lawsuits which impend.





Financial

DELTA WON'T BUY NEW BOMBARDIER MODEL

Delta Air Lines says it doesn't intend to buy Bombardier Aerospace's new CSeries airliner. Delta President Ed Bastian made the announcement in Montreal at the Deutsche Bank Aviation and Transportation conference. Mr. Bastian says Delta isn't considering a major decision about any aircraft. Industry observers had expected Delta would order the new 110- to 140-seat CSeries after it said it was looking to buy up to 200 aircraft to replace its aging fleet. Bombardier reacted by saying Delta is one of its longest and most loyal customers and that Bombardier expects to continue to sell it aircraft.





Sports

SPORTS

RUGBY

Winger Phil MacKenzie scooted over in

the 73rd minute as Canada opened its Rugby World Cup campaign with a

seesawing 25-20 win over Tonga on Wednesday that will boost its

confidence leading into the weekend clash with France.

SOCCER

Toronto FC hopes to take a big step toward the CONCACAF Champions League quarter-finals when they play the Pumas in Mexico City. Toronto is second in Group C behind Dallas. The Reds lost their last game against the group leader 1-0 at BMO Field.





Weather

WEATHER

British Columbia on Thursday: rain, high C19 Vancouvver. Yukon, Northwest Territories: mix sun cloud. Nunavut: rain. Whitehorse 13, Yellowknife 17, Iqaluit 5. Alberta: rain. Saskatchewan, Manitoba: sun. Edmonton 21, Regina 17, Winnipeg 15. Ontario: sun. Quebec: rain. Toronto 15, Ottawa 14, Montreal 16. Maritimes: rain. Newfondland and Labrador: mix sun cloud. Fredericton, Halifax, St. John's 23, Charlottetown 26.





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