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Afghanistan Pledges Support for Troubled Bank

KABUL, Afghanistan — The chairman of the Central Bank of Afghanistan promised Monday to lend the embattled Kabul Bank “as much as it wants” to stave off a collapse, even as he continued to insist that the bank was solvent. The chairman, Abdul Qadir Fitrat, said Kabul Bank was meeting the demands of customers “with its own resources,” though he said he did not know how much money had been withdrawn from the private bank over the past few days. The frenzied rush of customers trying to empty their savings accounts at its largest branch tapered off slightly on Monday, though security remained tight. cheap sunglasses Economic and political analysts say the government is buying time while it decides how to handle the politically treacherous predicament that erupted with the discovery last week that Kabul Bank had suffered huge losses after lending money to allies of President Hamid Karzai and pouring millions of dollars into risky real estate investments in Dubai. The president, who has recently been more vocal in vowing to fight corruption, will be reluctant to arrest the bank’s top shareholders, who include one of his brothers and other close allies, or to seize their overseas properties that were bought with borrowed money that belonged to “some of the poorest people in the world,” as one economist described the roughly $300 million in losses from the bank. sunglasses He would more likely use reserve funds to bail out Kabul Bank, the analysts said. On Monday, the Central Bank pledged its full support to Kabul Bank, saying “if necessary, it is ready to loan Kabul Bank as much as it wants.” For Mr. Karzai, a bailout presents a different but equally vexing problem. While a bailout could be hailed in Afghanistan as the government’s attempt to guarantee the people’s money, it would do little to deter the kinds of abuses that led to the crisis in the first place and would probably increase tensions with its Western partners, who would be indirectly financing the intervention, economists said. If such a move takes place, the money will most likely come from Afghanistan’s reserve funds in the United States, which are earmarked for a currency crisis and not meant to bail out private banks. sunglass hut Any intervention by the United States could be seen as politically dangerous for the Obama administration, which has distanced itself from Mr. Karzai. The United States has denied that it would provide any financial support in the crisis, but economists in Kabul say that even reserve funds have roots in donor money. Almost all money belonging to Afghanistan, they say, is donor money. “Karzai doesn’t know what to do,” said an economist, who asked not to be identified for fear of inserting himself into the conflict. “Will he have courage to put them in jail and pay the people? And if not, shareholders will continue living in luxury villas in Dubai, and that’s suicide for him.” aviator sunglasses Mr. Karzai’s best hope, experts say, is that the bank will be able to weather the storm itself. On Monday the Central Bank’s chairman, Mr. Fitrat, said that the situation at Kabul Bank was “almost normal” and that no customers had left without money, since the bank had a healthy liquidity of 40 percent. He said that the bank had received more than $38 million in deposits since the outbreak of the crisis and that the figure was increasing daily. But analysts said those were mostly corporate deposits. When asked about the amount withdrawn by nervous depositors since the crisis, Mr. Fitrat said that he did not know the figure, but that it was “more than usual.” The Central Bank on Sunday froze properties in Kabul owned by major Kabul Bank shareholders, including Sherkhan Farnood, the former chairman, and Khalilullah Frozi, the former chief executive, who were dismissed last week as news of the bank’s losses broke. sunglasses hut Those properties are rather insignificant compared with the luxury villas in Dubai, where shareholders hold far more lucrative investments directly linked to the losses from Kabul Bank. The list of frozen properties in Kabul did not include any owned by the president’s brother, who is a major shareholder. Mr. Fitrat said the list included only the names of those who had borrowed the money from the bank. For the second day in a row, barbed wire and armed guards belonging to Afghanistan’s national intelligence agency were in front of the bank. Inside, a bank employee said the number of visitors was lower than it had been in previous days. By late afternoon, about 1,200 customers had entered the bank, a daily rate of about 500 fewer than during last week. Some customers said they were unable to withdraw more than $10,000. Bank officials said the flow of customers at the bank was part of the normal flow of government employees who were receiving their salaries before Id al-Fitr, the Islamic holiday that marks the end of Ramadan, the holy month of fasting. sunglasses 2010 Mr. Fitrat is one many banking officials who is accusing Western news media of stoking public fears and distrust in the bank. On Monday he encouraged the Afghan media not to translate the “false news” of Western media outlets, but he did not specify criticisms of the foreign press.

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Striking South African Workers to Respond to Latest Offer Monday

The spokesman for the Congress of South African Trade Unions (COSATU) said, after days of consultations with public sector workers, the union will announce Monday whether to accept or reject the government’s pay raise offer.UGG Classic Short Boots...

Fuel tankers, buses ablaze in Nigeria road crash

More than a dozen vehicles including three fuel tankers and two mini-buses caught fire Sunday in a pile-up on a Nigerian highway, site of a deadly multi-car crash three weeks ago, an AFP photographer reported.Air Jordan 11...

Bombing at an Iraqi army base in Baghdad kills 12, injures at least 20

Just five days after the United States declared the end of its combat mission in Iraq, U.S. soldiers opened fire Sunday morning on suicide bombers who snuck into an Iraqi army base in Baghdad, a U.S. military spokesman said. Nike Air Max 95...

Mideast Leaders Hopeful After Opening of Talks

JERUSALEM — Palestinian and Israeli leaders expressed satisfaction and hope on Sunday in their first public utterances after the opening round of Middle East peace talks in Washington last week. “The structure that has been agreed to is a good one,” the chief Palestinian negotiator, Saeb Erekat, said in a telephone interview. Mr. Erekat, who has accused the Israelis of bad faith in the past, said the two sides had agreed to build a framework within a year for a comprehensive deal. “We have started a process and have every hope that it will succeed. This is the time for decisions.” CHANEL 5076H Prime Minister Benjamin Netanyahu of Israel said that his country was ready for a historic compromise with the Palestinians and that he thought the Arab world would follow. In his regular televised appearance before his weekly cabinet meeting, Mr. Netanyahu said the fact that King Abdullah II of Jordan and President Hosni Mubarak of Egypt went to Washington for the start of the negotiations “reflects a sense of readiness that exists in the Arab world, that this is the time to try and complete a peace settlement between us and the Palestinians and to expand it into a broader circle of peace.” Ray Ban Sunglasses Aides to Mr. Netanyahu said that his 90-minute meeting on Thursday with the president of the Palestinian Authority, Mahmoud Abbas, had gone well and had set the tone for their next meeting on Sept. 14 in Egypt. Although previous Middle East peace efforts have ended in failure, the current one has a few innovative components — American officials are involved from the very start and plan to stay involved; all difficult issues are to be negotiated in a package deal, so both sides are forced to compromise and acknowledge the other’s compromises; and the sides have agreed to a one-year deadline. Burberry Sunglasses Mr. Netanyahu and Mr. Abbas are planning to meet every two weeks. They are also planning to keep the substance of their conversations closely held in an effort to prevent leaks from becoming sources of embarrassment or pressure. Still, officials on both sides agreed that the process would soon face a difficult test: Israel’s moratorium on settlement construction in the West Bank ends Sept. 26, and the government does not seem inclined to extend it. The Palestinians have repeatedly said that if construction starts again, the talks will end. But Mr. Netanyahu spoke Sunday about the need to “embrace original thinking, to think outside the box” in these talks, and it was clear that efforts were under way to find a formula to keep the process going after the deadline. Mr. Erekat, when asked about this, said, “the key is in their hands.” Limited Offering He repeated something he has said often: “The Israelis have to choose between settlements and peace. They can’t have both.” But Mr. Erekat did not repeat another familiar expression: that if construction begins again in West Bank Jewish settlements on Sept. 26, the peace process halts. Instead, he said this was not an issue he wished to discuss now. One possible interpretation of his reticence is that negotiations may be under way to permit the talks to continue after the moratorium ends. Such a deal might include sweeteners for the Palestinian leadership — release of Palestinian prisoners, for example, or changes on the ground in the West Bank. Ed hardy Swimwear Aides to Mr. Netanyahu said Sunday, as they have in the past, that if the Palestinians walked away from negotiations over the settlement construction deadline, it would be evidence that they had not been serious about reaching an agreement and were looking for an excuse. Mr. Netanyahu indicated that he would not tell most of his cabinet ministers about the substance of his negotiations until a framework was reached with Mr. Abbas. That would presumably avoid leaks and crises and increase the chances that any accord would be viewed in its entirety by all sides. In Washington last week, Israeli reporters asked Mr. Netanyahu for details of his talks with Mr. Abbas. He declined, saying: “You want headlines. I want an agreement.” ED Hardy Caps

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In Kashmir, the Front Lines of a Conflict Run Through a Hospital’s Wards

SRINAGAR, Kashmir — Bloodied and battered, the wounded arrive daily at the emergency room here, the casualties of weeks of protests against gun-toting Indian police and security forces that spill even into the hospital corridors. On a day in late August, three patients — Habibullah Tiploo; his teenage daughter, Sumaira; and his daughter-in-law, Fatima — were the first to arrive. The family said Mr. Tiploo was shot by security forces outside his home; as Fatima and Sumaira, 17, rushed to his aid, they were fired upon, too. DG Sunglasses According to a police statement, protesters were lobbing stones at a nearby bunker and the three Tiploos were wounded when the police retaliated with bullets. The family denies being part of any protest. Protesters swarmed into the emergency room with them, struggling with doctors in surgical aprons and masks to force their way into the operating room. Some slipped past, took over Fatima’s hospital bed and wheeled it to the X-ray room as they chanted the same slogans that have filled the streets, angry words echoing off the walls and drowning out the wails of grieving friends and relatives. “The Kashmir which we have irrigated with our blood — that Kashmir is ours!” they chanted. The melee was common enough at the hospital, the Sher-i-Kashmir Institute of Medical Sciences, where more than 500 patients have come in with bullet wounds, lacerations and bruises in the past three months. wholesale carrera sunglasses They are often carried by scores of protesters, who take the turmoil of the streets into the hospital with them, making the emergency room a miniature of Kashmir’s conflict and a window on the ways it has overturned the lives of just about every Kashmiri, irrespective of class or professional status. The staff members at the Srinagar hospital have been dealing with such scenes on a regular basis since June 11, when thousands of demonstrators took to the streets to protest the death of Tufail Mattoo, a teenager who was hit by a tear gas canister. The mass protests and subsequent response by security forces have left 65 civilians dead and countless injured, a casualty toll that has escalated in the past month. In August alone, the hospital staff here received 345 patients as a result of the conflict, compared with roughly 150 during June and July combined. wholesale Burberry Sunglasses The city is subjected to nearly continuous strikes by protesters agitating for independence for Kashmir, the prize of a tug of war between India and Pakistan, which have each held a part of the territory since their partition more than 60 years ago. The curfews called by the government to quell the demonstrations have effectively shut the city down. For the hospital staff, the journey to work is a daily exercise in resourcefulness and courage. While the rest of the city sleeps, holes up in houses and stays away from windows that tend to be the targets of stones from protesters, the doctors and paramedical staffs of the Kashmir Valley’s hospitals must still report for duty. Wholesale DG Sunglasses Many doctors, who brave the gantlet either in their own cars or in hospital ambulances that serve as stealth commuter buses, complained of being caught in protesting mobs almost daily. Some said they were not allowed to pass by protesters or security forces, even if they arrived in an ambulance, which the police had indicated should have kept them safe. The local news media have reported that some doctors on their way to work have been brutalized by police and security forces, or arrested. Representatives for the police and other security forces deny ever obstructing any doctor or hospital staff member from arriving at work. Dr. Shahida Mir, the principal of the Government Medical College in Srinagar and head of five associated hospitals, placed several of them under a state of emergency during the first week of August, meaning they would perform only emergency surgery because of the influx of trauma patients. She, too, complained that her doctors were delayed, harassed or turned back by security forces when trying to get to work. Wholesale Coach Sunglasses “They put up such a stern face, the doctors get scared,” she said of the security forces, which still number in the hundreds of thousands in Kashmir after many arrived in the 1990s to fight an insurgency that has since been mostly vanquished. On the surface, hospital staff members seem unfazed by the stresses of their jobs and the conflict. Dr. Zubair Khurshid, a post-graduate resident surgeon who was in the operation theater as the Tiploo family arrived, played down the chaos that ensued as he and others tried to save the life of Sumaira, the 17-year-old, while fending off the shouting mob. Sumaira had a gunshot wound in the chest, as did her father, while Fatima was wounded in the thigh. Fatima and Habibullah Tiploo were discharged quickly, but Sumaira languished for weeks in the post-operative ward because of complications involving her diaphragm and liver. Wholesale ED Hardy Sunglasses Dr. Arshad Bashir, 26, a resident in hospital administration, shrugged off the sound of the gunshots on the streets, which can be heard even in the emergency room. “Since childhood we have been living with these gunshots,” he said. “We’re used to it.” But probe more deeply, and the anxiety that pervades Kashmir quickly becomes evident. Dr. Yusuf Ganie, a surgical resident, confessed that for the past two and a half months, he had lived on campus at the institute, too afraid even to try the commute home. On a recent Saturday, he dared try it. “They stopped me, and I showed them my ID card,” he said of the security forces. “I was so scared, I thought they would beat me, but they let me go.” Dr. Abdul Maajid, a psychiatrist who witnessed the protests in the emergency room, explained that the younger generation of Kashmiris, those responsible for many of the protests, were the products of an environment with “acute chronic stressors.” Wholesale Ray Ban Sunglasses “They have not seen normal life,” he said. His own upbringing in the valley, before the 1990s insurgency, was relatively peaceful. “I have seen what normal life means,” he said. “For the last 20 years, I have seen the kids around. They have not seen the playground. They have not seen the normal recreational activities you expect them to do at their age.” In recent days, the situation at the hospitals has grown less urgent as the administration has adapted to the conditions, and casualty numbers dwindle, but tensions remain and the effects of the curfews have deepened. Pharmacies are running low on many routine medications because of a transportation shutdown in the valley, according to residents. Many family members of hospital patients whose homes lie outside Srinagar are having trouble getting food, and are being helped by local people who have donated and organized meals for the month of Ramadan. Wholesale D&G Sunglasses Then there is the fear shared by so many Kashmiris, but one that particularly affects the hospital’s nurses and paramedical staff, who are not allowed to live on campus and must brave the commute daily. “It’s terrible to come here,” said Shazia Mohi-u-Din, a nurse. “It is stressful every day. When you leave the house, you don’t know if you’re coming back.”

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What in the World Are Ugg Boots and Why Would You Want Them?

Ugg boots are fast becoming one of the fashion trends of the decade. More and more people wordwide are discovering this simple but effective Australian footwear icon. What are Ugg boots? Uggs are boots made from pure sheepskin. The outer covering of the boot is the outside work boots of the sheepskin, and the warm woollen part of the skin faces in. This makes for a boot that is extremely warm and is a delight to wear, especially in cold weather like winter. Uggs are also now being made with a second and outer skin of leather that adds to the strength and the durability of the boot. The Ugg is usually a high fitting boot, mostly coming up above the ankle, and usually much higher. Most Ugg boots are high enough to come up not far below the knee, keeping the entire lower leg warm. It is also possible to buy sheepskin slippers, these also usually come up just above the ankle, and are also extremely warm, though cowboy boots not technically called Uggs. Traditionally Ugg boots are worn outside the trousers. And for this reason Uggs Ugg Sweater Knit Scuffette Stripe are becoming part of the fashion culture. They normally come in the regular sheepskin color, which is an off white or pale color, but dyed versions are also becoming extremely popular. It is now the norm to find Ugg boots in the stores and online which feature a wide range of colors including bright reds and greens or pinks, and all sorts of other bright colors. In the past you Ugg Classic Tall had little choice for your Uggs but they are now available in a wide range of colors and styles. The Ugg boot was a quintessentially Australian product. Australia was said to ride on the sheeps back some decades ago when there were millions more sheep in the country than people, and sheepskin products were extremely common. Sheepskin is an extremely hard wearing and versatile Ugg Tall Metallic product, and lends itself to production into jackets, boots, seat covers and much more. Ugg boots were no exception and have been available in Australia for decades, but more recently have become available worldwide. This has resulted in the Ugg becoming a fashion accessory right throughout the world. Women and men worldwide are Ugg Tall Ultra discovering the delights of this wonderful form of Australian footwear that ensures that you look good while having warm comfortable feet. The Ugg boot is not a hard wearing boot like a leather boot though, and you need to take a little care with you Uggs. They are a soft boot but made with a hard plastic sole, with the sheepskin sewn onto the sole. The sole is generally hard wearing but the sheepskin sides Ugg Ultra Short can be prone to getting dirty very easily, though they can be easily washed. But as any Ugg devotee will tell you, a good pair of Uggs will be the most comfortable footwear you will ever have on your feet. Treat yourself to a pair of Ugg boots. They look good, they feel good and they're a taste of Australia. mbt shoes mbt

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Comparison of Motorola Droid 2 with iPhone 4

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Shoes collections: the value of a car a few pairs of Need

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