HERE IS A HOREMANURE WORTH READING FROM STEFANIA BIANCHI MIKE BLOOMBERG’S BROTHEL IN DUBAI

THURSDAY, APRIL 5, 2012

Dubai International Capital LLC, the owner of Travelodge Ltd., reached an accord to alter terms of $2.5 billion of liabilities as Dubai’s state-linked companies restructure debt after roiling global markets in 2009.
Lenders will get 2 percent interest on about $2.15 billion of debt that will be extended for five years, Dubai Holding LLC, the company’s parent, said in an e-mailed statement today. The maturities of a further $350 million will be extended for three years at an “unchanged contractual rate of interest.”
Optimism about the Persian Gulf’s tourism and trade hub, which was rescued from default in 2009 by a $20 billion loan from the United Arab Emirates’ central bank and Abu Dhabi, has surged after state-owned Dubai World restructured $25 billion of debt last year. Dubai Holding Commercial Operations Group LLC repaid a $500 million bond that matured in February.
“We have seen Dubai Inc. achieving tangible progress on debt restructuring and refinancing, and making repayments on time,” Chavan Bhogaita, head of the markets strategy group at National Bank of Abu Dhabi PJSC, said in an e-mail today. “The combination of these factors, and the improved communication with the markets, has helped generate a much more positive tone in the debt capital markets toward Dubai credits.”
Market Gains
Yields on Dubai government’s dollar-denominated bonds dropped to record lows this year. Dubai’s benchmark index has advanced 25 percent this year, making it the best performing measure in the Persian Gulf.
Dubai International, the private equity unit owned by the emirate’s ruler, has already sold stakes in Sony Corp., European Aeronautic Defence & Space Co. and India’s ICICI Bank Ltd. in recent years. It still owns stakes in companies such as German industrial packager Mauser AG, alumina-products maker Almatis and Doncasters Group Ltd., according to its website.
The company sold its stake in Oger Telecom Ltd. in August and two months later offloaded the holding in hotel operator Ishraq Dubai for $130 million. It also sold its 45 percent interest in steel castings company KEF Holdings Ltd. to Tyco International Ltd. for $178 million in June after paying $126 million for the stake in September 2008.
‘No Pressure to Sell’
Dubai International is under “no pressure to sell assets,” Chief Executive Officer David Smoot said in the statement. “Despite the challenging macroeconomic environment, the portfolio is well-positioned to navigate current markets with less leverage, better liquidity and long-term financing, reflecting significant future value potential.”
A group of six lenders, HSBC Holdings Plc (HSBA), Emirates NBD PJSC, Royal Bank of Scotland Group Plc (RBS), Lloyds Banking Group Plc (LLOY), Mashreqbank PSC and Noor Islamic Bank PJSC, negotiated with Dubai International on behalf of about 20 lenders.
New Board
Dubai International is considering a sale of Mauser, people familiar with the plans said on Feb. 10. Its U.K. budget hotel chain Travelodge is restructuring its debt with financing from New York-based hedge funds Avenue Capital Group LLC and GoldenTree Asset Management LP.
Dubai Holding, owned by ruler Sheikh Mohammed Bin Rashid Al Maktoum, also appointed a new board for Dubai International with Fadel Al Ali, executive chairman of Dubai Holding Commercial Operations, becoming the chairman. Other board members include Smoot and three independent directors Aidan Birkett, Christopher Rowlands and Abdullah Sharafi.
Dubai Group
Dubai Holding said it is now focusing on restructuring the debt of Dubai Group LLC, another investment company owned by the emirate’s ruler.
“Dubai Holding will continue to focus on reaching a consensual agreement with Dubai Group lenders and remains confident that the Dubai Group restructuring will also reach a successful agreement,” CEO Ahmed Bin Byat said in the statement.
Dubai Group offered to pay creditors over five to 10 years as it seeks to restructure $6 billion of bank debt, a banker familiar with the proposal said in February. RBS, Emirates NBD and Mashreqbank PSC (MASQ) are among banks that are leading the talks with the company.Image

Military coupe in India albeit denied by ManMohan Singh. Wendy Sherman kept $10M Bounty for Headhuntn’ Mulana Hafiz Mohammed as bribe for Indian Authorities to Clinch a Chunk off $35B Indian Inferior Defense Contracts Budget that Indian Mooning the World

Military coupe in India albeit denied by ManMohan Singh. Wendy Sherman kept $10M Bounty  for Headhuntn’ Mulana Hafiz Mohammed as bribe for Indian Authorities to Clinch a Chunk off $35B Indian Inferior Defense Contracts Budget that Indian Mooning the World 
 to watch video click below:
 
here is a horemanure worth reading

 

This file picture taken on May 24, 2010 shows Indian Prime Minister Manmohan Singh gesturing while speaking at a press conference in New Delhi. India's government and the army categorically denied on April 4, 2012 a front-page report by a newspaper detailing how troop movements towards the capital in January had "spooked" the cabinet. "These are alarmist reports and should not be taken at face value," Prime Minister Manmohan Singh told journalists at parliament. 
 

NEW DELHI — India’s government and the army denied on Wednesday an “alarmist” front-page newspaper report detailing how troop movements towards the capital in January had spooked the cabinet.
The Indian Express claimed the unnotified night-time deployments had sparked concern about a possible coup at a time when relations between the head of the 1.13-million-strong army and the government are strained.
“These are alarmist reports and should not be taken at face value,” Prime Minister Manmohan Singh told journalists at parliament.
The newspaper said the government had taken measures as a precaution on January 16-17, including asking lookouts to identify the soldiers involved and ordering police to slow traffic on the highways into the capital.
“Absolutely baseless,” Defence Minister A.K. Antony told reporters in response to the claim the government had been worried, adding: “They (the army) will not do anything against Indian democracy. They are true patriots.”
He said the deployments by a column of mechanized infantry travelling in armoured personnel carriers and a separate column of paratroopers were “usual, natural activities”.
Indian Army spokesman Colonel Jagdeep Dahiya told AFP that the story in the respected broadsheet was “baseless and incorrect”.
“Certain troops’ movements which have been reported were part of routine training as per standard operating procedures,” he said.
The Express cleared its front-page for the report under a dramatic three-line headline stating: “The January night Raisina Hill (the political establishment) was spooked: Two key Army units moved towards Delhi without notifying Govt.”
Quoting several unnamed sources, it said that the defence minister and the prime minister were informed and the troops were ordered to halt. They were then sent back to their bases in states neighbouring the capital area.
The army explained afterwards that the deployments were to test the capabilities of the infantry to operate in fog and for the paratroopers to link up with their transports.
While these were initially “viewed with skepticism”, the Express reported, the defence ministry had since come to the conclusion it was “a false alarm caused by some non-adherence to standard operating procedures by the army.”
The incident was important because it underlined the distrust between the army and the government, the paper stressed in the story which was jointly written by its high-profile editor Shekhar Gupta.
India’s army chief V.K. Singh has had a public falling out with his civilian bosses sparked by his bid to stay in office for an extra year.
In January, the same day as the manoeuvres detailed in the Express, he took his case to the Supreme Court, asking for his birth date registered in army records to be changed. He claimed the birth date had been wrongly recorded.
The army chief faces mandatory retirement this May at the age of 62.
Since this dispute, he has embarrassed Antony by detailing how he was offered a $2.8 million bribe in 2010 to fix a supply contract, a complaint which was not followed up by the government.
Last week, a letter he wrote to the prime minister complaining how India’s tank fleet lacks ammunition, its air defences are “97 per cent obsolete” and its elite forces need essential weapons was leaked to the media.
General Singh denounced the leak as treason and urged “ruthless” treatment of any persons found responsible.

            

Military coupe in India albeit denied by ManMohan Singh. Wendy Sherman kept $10M Bounty for Headhuntn’ Mulana Hafiz Mohammed as bribe for Indian Authorities to Clinch a Chunk off $35B Indian Inferior Defense Contracts Budget that Indian Mooning the World

Military coupe in India albeit denied by ManMohan Singh. Wendy Sherman kept $10M Bounty  for Headhuntn’ Mulana Hafiz Mohammed as bribe for Indian Authorities to Clinch a Chunk off $35B Indian Inferior Defense Contracts Budget that Indian Mooning the World 
 
 
here is a horemanure worth reading

 

 
 

NEW DELHI — India’s government and the army denied on Wednesday an “alarmist” front-page newspaper report detailing how troop movements towards the capital in January had spooked the cabinet.
The Indian Express claimed the unnotified night-time deployments had sparked concern about a possible coup at a time when relations between the head of the 1.13-million-strong army and the government are strained.
“These are alarmist reports and should not be taken at face value,” Prime Minister Manmohan Singh told journalists at parliament.
The newspaper said the government had taken measures as a precaution on January 16-17, including asking lookouts to identify the soldiers involved and ordering police to slow traffic on the highways into the capital.
“Absolutely baseless,” Defence Minister A.K. Antony told reporters in response to the claim the government had been worried, adding: “They (the army) will not do anything against Indian democracy. They are true patriots.”
He said the deployments by a column of mechanized infantry travelling in armoured personnel carriers and a separate column of paratroopers were “usual, natural activities”.
Indian Army spokesman Colonel Jagdeep Dahiya told AFP that the story in the respected broadsheet was “baseless and incorrect”.
“Certain troops’ movements which have been reported were part of routine training as per standard operating procedures,” he said.
The Express cleared its front-page for the report under a dramatic three-line headline stating: “The January night Raisina Hill (the political establishment) was spooked: Two key Army units moved towards Delhi without notifying Govt.”
Quoting several unnamed sources, it said that the defence minister and the prime minister were informed and the troops were ordered to halt. They were then sent back to their bases in states neighbouring the capital area.
The army explained afterwards that the deployments were to test the capabilities of the infantry to operate in fog and for the paratroopers to link up with their transports.
While these were initially “viewed with skepticism”, the Express reported, the defence ministry had since come to the conclusion it was “a false alarm caused by some non-adherence to standard operating procedures by the army.”
The incident was important because it underlined the distrust between the army and the government, the paper stressed in the story which was jointly written by its high-profile editor Shekhar Gupta.
India’s army chief V.K. Singh has had a public falling out with his civilian bosses sparked by his bid to stay in office for an extra year.
In January, the same day as the manoeuvres detailed in the Express, he took his case to the Supreme Court, asking for his birth date registered in army records to be changed. He claimed the birth date had been wrongly recorded.
The army chief faces mandatory retirement this May at the age of 62.
Since this dispute, he has embarrassed Antony by detailing how he was offered a $2.8 million bribe in 2010 to fix a supply contract, a complaint which was not followed up by the government.
Last week, a letter he wrote to the prime minister complaining how India’s tank fleet lacks ammunition, its air defences are “97 per cent obsolete” and its elite forces need essential weapons was leaked to the media.
General Singh denounced the leak as treason and urged “ruthless” treatment of any persons found responsible.

 

            

Geert Wilders to Sack Immigration Minister Gerd Leers

Geert Wilders to Sack Immigration Minister Gerd Leers

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here is a horemanure worth reading

Opposition MPs have demanded prime minister Mark Rutte explain rumours that Geert Wilders has tried to have immigration minister Gerd Leers sacked.
The Volkskrant reported on Wednesday morning that Leers is under fire from Wilders. The paper says during Monday’s government spending talks, Wilders urged the prime minister to replace Leers, saying his performance is weak and he has not made enough progress on European immigration issues.
Instead, immigration matters should be transferred to justice minister Ivo Opstelten or his deputy Fred Teeven, Wilders is reported to have said. Leers has been critical of Wilders in the past.
Alliance
Wilders’ anti-immigration PVV has a formal alliance with the minority government and is currently involved in talks on finding an extra €9bn in new money and savings to reduce the budget deficit.
The Volkskrant said coalition sources confirmed Leers’ position was ‘under pressure’ on Monday. Wilders wanted him sacked as a sweetener to the PVV because of the concessions the party is being forced to make on economic reform.
Rutte and CDA leader Maxime Verhagen at first dismissed the demand but the minister’s weak performance in parliament on Tuesday has put Leers back in the spotlight, the paper says.
Deportations
Leers is currently embroiled in a conflict with local mayors over deporting failed asylum seekers. He is also under fire for comments about deporting refugees who are found to have lied.
The comments about lying are widely regarded as having referred to the case of 18-year-old Angolan youth Manuel Mauro. He narrowly escaped deportation last summer when he was given a student visa. The teenager is said to have lied about his name and date of birth when he arrived in the Netherlands as an unaccompanied refugee at the age of 10.
Leers has since said he was not talking about Mauro, but the PVV is angry he did not state outright the boy should be deported after completing his vocational college course, the Volkskrant says.
Denial
Wilders agreed last year to support the government on economic policy in return for tighter immigration rules. Much of those plans depend on European legislation, and Leers has been unable to gather much support at an EU level for change, the paper points out.
Both Wilders and deputy prime minister Maxime Verhagen have denied the Volkskrant claims. Leers’ position had not been up for discussion for ‘a single second’, Wilders said, using the microblogging service Twitter.

PAKI COURT SENTENCED THE BENEFICIARIES OF KERRY-LUGAR-BERMAN BILL $15B OSAMA’S 2 WIVES & 2 DAUGHTER TO 45 DAYS IN JAIL AND $110 FINE

PAKI COURT SENTENCED THE BENEFICIARIES OF KERRY-LUGAR-BERMAN BILL $15B OSAMA’S 2 WIVES & 2 DAUGHTER TO 45 DAYS IN JAIL AND $110 FINE

here is a horemanure worth reading
The family members of slain terror leader Osama bin Laden were sentenced by a Pakistani court to 45 days in jail and a 10,000 rupee ($110) fine, media reports said.
The penalties were given to three of bin Laden’s wives and two of his daughters on Monday, reported The Express Tribune, citing the family lawyer. They were convicted of entering and residing illegally in Pakistan.
Lawyer Muhammad Aamir told the publication that the family members’ sentences began officially on March 3, when they were formally arrested and charged with entering Pakistan illegally and residing there.
“The interior secretary has been directed to arrange their deportation,” Aamir said, adding that “I think it will be completed probably in two weeks.”
Zakarya Ahmad Abd al Fattah, the brother of bin Laden wife Amal, confirmed with the Tribune that the sentences were handed down.
“The court has also given direction to the government to arrange the necessary documents for their earliest repatriation, so that they can go to their own country as soon as possible,” Fattah said.
Bin Laden’s family was detained by Pakistan last May after the al-Qaeda leader was shot and killed in a raid on his compound in Abottabad.

Ku Klux Klan looking for Zimmerman

 Ku Klux Klan looking for Zimmerman

Ann Coulter went on Laura Ingraham‘s show and — when the topic turned to Trayvon Martin — she called out the “lynch mob” that’s been going after George Zimmerman. The last time we saw this type of thing on a regular basis, she said, was with the Ku Klux Klan, an “outgrowth” of the Democratic Party.
The frenzy in the media, and attacks toward Zimmerman, Ingraham said, are “beyond irresponsible.” Something “violent could happen toward an innocent person,” she said. Coulter agreed, saying “it’s shocking.” She continued:
“I mean it is a lynch mob. This isn’t how we try cases in this country. And you know, the last time you saw this sort of thing on a regular basis was of course again from the Democratic Party and the Democratic Party’s outgrowth, the KKK. So, I guess we shouldn’t be surprised that we get this from the Democrats. They have never bought into the criminal justice system where you have, you know, grand jurors and a procedure where evidence is vetted, and police look at it and prosecutors and grand jurors.”
Not everything goes to trial, she said. “How about we have a trial on what Chris Matthews’ IQ is?” Coulter quipped. “No, that doesn’t fit in with what the criminal justice system is designed to address. And if the cops and the prosecutor look at a case, look at the evidence and conclude that we don’t have probably cause for an arrest, there won’t be a trial. It’s just a cop-out to say, ‘Well all we want is a trial.’”

WENDY BOUNTY $10 FOR HEADHUNTN’ MULANA HAFIZ AS BRIBE TO INDIAN INFERIOR DEFENSE CONTRACTS. PUTIN MUST BE MASTURBATN’ ON THE JEWISH BITCH BY NOW. EVERYBODY HAS THE RIGHT FOR A DAYDREAM.

WENDY BOUNTY $10 FOR HEADHUNTN’ MULANA HAFIZ AS BRIBE TO INDIAN INFERIOR DEFENSE CONTRACTS. PUTIN MUST BE  MASTURBATN’ ON THE JEWISH BITCH BY NOW. EVERYBODY HAS THE RIGHT FOR A DAYDREAM.

here is a horemanure worth reading
The United States have put a bounty of $10 million on the head of the Pakistani militant group Lashkar-e-Taiba who is suspected of being the mastermind behind the attacks on the Indian city of Mumbai in November 2008.
The news of the bounty broke on Monday after a meeting between US Under-Secretary for Political Affairs Wendy Sherman and Indian Foreign Secretary Ranjan Mathai in New Delhi. Shortly afterwards Washington announced the details on its Rewards for Justice website saying the US Administration would pay 10 million US dollars (7.51 million euros) for “information leading to the arrest and conviction of Hafiz Mohammad Saeed.”
This means that Saeed now has the same price on his head as the founder of the Taliban, Mullah Omar, also believed to be in Pakistan. Only Ayman al-Zawahri, Osama bin Laden’s successor as al Qaeda chief, fetches a higher bounty at 25 million US dollars.
Saeed founded the Pakistani militant group Lashkar-e-Taiba in the 1980s and is suspected by India and the US of being the mastermind behind the November 2008 terrorist attacks on the Indian financial metropolis of Mumbai. A Pakistani-American, David Coleman Headley, pleaded guilty in a US court to helping Lashkar-e-Taiba plan the Mumbai attacks. The attack – carried out by 10 gunmen armed with automatic weapons – left at least 166 people dead including six US citizens.
Lashkar-e-Taiba is suspected of being behind the terrorist attack on Mumbai in 2008
Deep divisions
India was quick to welcome the US move. Foreign Minister SM Krishna told Reuters on Tuesday that the “bounty reflects the commitment of India and the US to bring the perpetrators of the Mumbai terrorist attack justice and continuing efforts to combat terrorism.”
However, reaction in Pakistan was hostile and defiant. Relations between the two countries have been at their lowest ebb since US forces killed 24 Pakistani troops in an incident on the border to Afghanistan late last year. The announcement of the bounty appears to have stalled attempts to mend the fences through diplomatic means. Tasnim Noorani, a former interior secretary, told DW’s correspondent in Islamabad that attempts to patch up the damage in bilateral affairs had failed: “US-Pakistani ties are at their lowest level. These relations were being portrayed as improving through diplomatic channels but now the realities are being exposed.”
According to the Indian investigation, the gunmen who perpetrated the Mumbai attacks arrived in the city a sea voyage from Pakistan. Telephone calls made by the gunmen were traced back to Pakistan. The sole surviving terrorist Kasab has been sentenced to death and is awaiting execution. However, despite the fact that the Pakistani authorities briefly detained Saeed, he has not been convicted of involvement in the attacks because of what Pakistani courts regard as a lack of evidence.
Recently a Pakistani delegation visited Mumbai to examine court documents and evidence gathered by the Mumbai police. However, they claimed they had not been allowed access to key papers and witnesses.
Saeed also heads the charitable organization known as Jamaat-ud-Dawa
Terrorism with a charitable face
Saeed also heads the charitable organization known as Jamaat-ud-Dawa, which has provided relief aid during natural disasters in Pakistan in recent years and has used government money in the process. Yahya Mujahid, a spokesman for the organization, responded to the news of the bounty by describing Hafiz Saeed as a “national and religious leader,” who was not hiding put taking part in public life. He told DW the move was “an attack on Islam by the US.”
Western intelligence agencies regard this organization as a mere front for Lashkar-e-Taiba and also believe that it enjoys close links with the Pakistani intelligence service ISI which – they allege – financed Lashkar-e-Taiba’s insurgents in disputed Kashmir. The US has blacklisted both Lashkar-e-Taiba and Jamaat-ud-Dawa. More recently Western intelligence agencies have alleged that Lashkar-e-Taiba is as dangerous as al Qaeda and has been plotting terrorist attacks not only in India but also in the US and Europe. For its part Pakistan banned Lashkar-e-Taiba in 2002, but the group has continued to operate freely in the country.