Wednesday, March 11, 2009

Hillary Clinton relishes her job, but misses 'daily pleasures'

US Secretary of State Hillary Clinton, reflecting on her life in the public spotlight, said Saturday she misses ordinary pleasures but has no regrets about her choice of public service.
"It's very hard to go out shopping and just enjoy yourself out with your friends; it's hard to go out to a restaurant and have just a meal with some people you want to talk to without being recognized," she said during an interview on a popular women's programme on the Turkish channel NTV.

The former First Lady even answered questions about her marriage to Bill Clinton and the scandal of the Monica Lewinsky affair that overshadowed his presidency in the late 1990s.
When asked if it was love or friendship which enabled her to get past her husband's adultery, she answered smiling: "Oh, love! And forgiveness, and friendship, and family."
"You know, family, faith, friends are the core of my life and I don't know anybody whose life is smooth sailing. If you meet such a person, I want to know them, because I've lived a long time and I have yet to meet that person."

She added: "I sacrificed a lot of my privacy which I regret, I wish I did not have to."
After leaving the White House, she was elected US senator from the state of New York and last year lost her bid for the Democratic Party's presidential nomination to Barack Obama.
After Obama's election victory in November, she accepted his offer to become the US secretary of state -- a high-profile position on the world stage with little privacy.
She admits it is the ordinary things of life she misses.
"I like sitting in sidewalk cafes and coffee shops and watching people. That's impossible for me now. I enjoy shopping and I am not actually able to shop.... So it's the little daily activities and pleasures that you may not be able to enjoy quite as much."
Still, she added she had no regrets about her career choice.
"But there are a lot of benefits because I do feel that I can help people.... So I lose something but I gain something. That's kind of life, you know. You can't have everything, you have to make some choices, and I am very excited that I get a chance to serve my country in working with President Obama."

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Hamas's popularity rises after Israel's Gaza war

Hamas's popularity among Palestinians has risen sharply since a three-week Israeli war in January devastated the Islamist-ruled Gaza Strip, an opinion poll released on Monday showed.
If an election were held today, Hamas leader Ismail Haniyeh would beat Mahmoud Abbas, the Western-backed Palestinian president and leader of Fatah who advocates a peace deal with Israel.
The face-to-face poll of 1,270 people by the Palestinian Centre for Policy and Survey Research was conducted on March 5-7 in the West Bank and Gaza Strip, as the factions tried to reach agreement on a unity government with Egyptian mediation.
Hamas, which Western powers shun as a terrorist organization, won a Palestinian parliamentary election in 2006 and seized control of the Gaza Strip the next year after fighting with Fatah.
Israel responded by tightening its blockade of the coastal enclave, increasing hardships for its 1.5 million residents.

The January war, which Israel launched with the stated aim of stopping cross-border rocket fire by militants, killed some 1,300 Palestinians, destroyed 5,000 homes and left much of Gaza's governmental and economic infrastructure in ruins.
"Despite the visible increase in the popularity of Hamas and Haniyeh," the pollsters reported, the overwhelming majority, 71 percent, believes Palestinians are worse off than they were before the war.
The survey said Haniyeh would garner 47 percent support, beating Abbas with 45 percent, if a presidential election was held today. Three months ago, Abbas received 48 percent and Haniyeh 38 percent.
But if the competition were between Haniyeh and Marwan Barghouthi, the popular Fatah leader currently imprisoned by Israel, Barghouthi would win by 61 percent to 34 percent, the survey showed.
Fatah, however, remains the most popular faction with 40 percent of overall support, compared to 42 percent last December, it said. The popularity of Hamas in the same period increased from 28 percent to 33 percent in the latest poll.
The most important priority for Palestinians today, in the eyes of 46 percent of the sample, should be the unification of the West Bank and the Gaza Strip.
Nearly two-thirds believe a Hamas victory in presidential and legislative elections would lead to the tightening of the Israeli blockade of the Gaza Strip, whereas nearly as many believe a Fatah victory would mean the end of the blockade.
Respondents in Gaza in particular believe a Hamas victory would perpetuate the blockade and the rift in Palestinian ranks.


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Gaza aid convoy pelted with stones in Egypt

A British convoy led by MP George Galloway with medical relief for Gaza was pelted with stones and vandalized in the Egyptian town El-Arish on Sunday, an organizer said.
he convoy, which set out from London last month carrying relief supplies valued at one million pounds (1.4 million dollars), arrived in El-Arish, about 45 kilometers (28 miles) from the Rafah passage to Gaza, on Saturday.

"It's an absolute disgrace," convoy organizer Yvonne Ridley told AFP. "The power was cut. During cover of darkness members of our convoy were attacked with stones.
"Vandals also wrote dirty words and anti-Hamas slogans," she said. "Several people in the convoy were injured in the attack."
A security official told AFP that during a power cut, which is a frequent occurrence in the town, children had pelted the convoy with stones.
The convoy is expected to head to Rafah on Monday after a dispute arose between organizers and Egyptian officials, who had welcomed the activists, over the inclusion of non-medical aid in the convoy.
Egyptian officials have said they would allow medical relief through the Rafah passage but non-medical goods such as food would have to pass through Israel's crossings with the Palestinian enclave.
"George Galloway is still in negotiations," Ridley said. "What we have agreed to do is to separate the medical aid from the non-medical aid. The non-medical will go into Gaza via the Egyptian Red Crescent."

Ten Libyan trucks carrying medicine were allowed to transfer their aid to Gaza on Sunday, a border official said.
Egypt opened the Rafah crossing to aid and Palestinian wounded during Israel's 22-day war in Gaza in December and January, which killed 1,300 Palestinians and 13 Israelis, but has since closed it to aid.


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European banks eye capital and gird for loan losses

European banks shored up their stockpile of capital on Monday amid concerns about a rising flood of bad loans from the spreading economic storm.
Banks around the region already have taken billions of Euros in write downs on their investments in complex structured credit products, but the financial crisis is increasingly spreading to the real economy, creating a double-whammy for earnings as companies cut borrowing and struggle to repay business loans.
Swedish financial group Swedbank scrapped plans for a dividend for 2008 due to a worsening economic environment, particularly in the Baltic states and Ukraine, where sharp recessions are likely to lead to a big increase in loan losses.

Swedbank Chairman Carl Eric Stalberg said the bank was very well capitalized and markets initially cheered the move to bolster the capital base, though worries about the outlook in eastern Europe weighed.
"Things have got so bad in the Baltics that they have got to do this, and that is negative," said Henrik Schmidt, analyst at Keefe Bruyette & Woods.
Swedbank made a six-fold increase in loan loss provisions in the fourth quarter mainly due to contracting Baltic economies.
Investors have also worried about eastern Europe business at other lenders, such as Italy's UniCredit and Germany's Commerzbank, which on Monday said it was pumping 4 billion Euros (3.64 billion pounds) into recently acquired Dresdner Bank to shore up its regulatory capital. Another big player in emerging markets, HSBC, was also under pressure on Monday, losing 11 percent as short sellers dumped the stock in anticipation of buying it back after the bank completes its $17.7 billion rights issue.
"With HSBC there are worries about credit quality ... There is not a whole lot that is bright news out there anywhere today," said Bernard McAlinden, strategist at NCB Stockbrokers.
"There are doubts everywhere that policy response cannot actually stabilize the global economy," he said.
Even a more optimistic outlook by the chief executive of Germany's biggest bank, Deutsche Bank, was unable to cheer the European banking sector, with the DJ Stoxx sector index down 4.7 percent at 12:36 p.m. British time.
Deutsche's Josef Ackermann said the positive business trend his bank had seen in January had continued last month.
"By the end of January, we had revenues of 2.8 billion euros. February largely confirmed this development," Ackermann told German business daily Handelsblatt.
Shares in Belgium-based Fortis gained 27 percent after the Belgian government and BNP Paribas revised the terms of the break-up of the financial group.
Meanwhile, the European Union is set to back the International Monetary Fund's (IMF) call for a doubling of its funds as a growing number of countries turn to it for help, ahead of the G20 summit.
Last week, the IMF acknowledged its warnings before the crisis were insufficient.
CAPITAL HEADACHE
Lenders and their national governments are still fretting about how best to tackle the capital problems at the heart of the financial crisis that are sapping confidence and keeping banks from lending, compounding the slump.
Financial officials are trying to hammer out a common approach.
Top executives of leading U.S., Japanese and European banks will meet in London this month to discuss regulation and other issues key to the future of the financial system, two industry sources said.
The British government will host the meeting on March 24, after a gathering of Group of 20 (G20) finance ministers in London this weekend and ahead of a summit of G20 leaders there on April 2, according to the sources who declined to be identified because the meeting has not been made public.
The meeting was expected to discuss capital adequacy guidelines and other regulatory issues, the sources said.

The crisis is continuing to keep regulators busy.
Iceland's financial watchdog said on Monday it had taken over investment bank Straumur Burdaras, the last major Icelandic bank left standing after the country's financial collapse in October.


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Politicians are scared of saying sorry': Another Labour minister urges Brown to apologize for economic crisis

Gordon Brown faced fresh pressure to apologize over his handling of the economy today after a government minister admitted British politicians did not know how to apologize.
Foreign Office minister Lord Malloch-Brown said ministers were probably reluctant to apologize because opponents would then 'descend on them' urging further concessions.
But the minister said politicians of both major parties should apologize for light-touch regulation in the City which led to 'exuberant capitalism'.
The prime minister has steadfastly refused to apologize for the recession or to admit his policies made the downturn worse.

Shadow chancellor George Osborne said: 'Yet another senior minister has now said Gordon Brown should say sorry for the economic mistakes he made during the 10 years he was Chancellor, yet the Prime Minister still insists he has "nothing to apologize for".'
Lord Malloch-Brown's comments came on BBC Radio 4's Start the Week program.
He said: 'As someone rather new to British politics I have to say probably, and probably I'll regret saying it, I just cannot get over the fact that British politicians don't know how to say sorry.
'I think they don't know how to say sorry because the people who demand they say it then descend on them and jump all over them and don't accept the apology, but use it to sort of force further concessions.'
He went on: 'You've seen Alistair Darling, the Chancellor, come pretty close (to apologizing).'


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