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Expelled Iran diplomats leave Britain (Reuters)
TEHRAN/LONDON (Reuters) ? All Iranian diplomats left Britain on Friday, expelled in response to protesters storming the British embassy in Tehran, hardening a confrontation between Tehran and the West over its nuclear program.
In Iran, crowds chanted “Death to Britain” at Tehran University, and a militia linked to the storming of the embassy prepared to greet the returning diplomats as heroes. A hardline cleric denounced the U.N. Security Council and European Union for backing Britain following the embassy storming.
But President Mahmoud Ahmadinejad and Supreme Leader Ayatollah Ali Khamenei remained silent, perhaps reflecting unease within the faction-riven leadership about an incident likely to deepen Iran’s international isolation.
Protesters stormed two British diplomatic compounds on Tuesday, smashing windows, torching a car and burning the British flag in protest against new sanctions imposed by London.
The incident followed accusations from Washington of an Iranian plot to assassinate the Saudi ambassador and a report from the U.N. nuclear watchdog suggesting Iran was pursuing nuclear weapons, all contributing to increased diplomatic isolation for Tehran in recent months.
“I can confirm that, earlier this afternoon, all diplomatic staff of the Iranian Embassy in London took off from Heathrow airport,” a British Foreign Office spokesman said.
After the embassy storming, Foreign Secretary William Hague announced that Britain was closing its embassy in Tehran, ordered the closure of the Iranian embassy in London and gave all Iranian diplomats 48 hours to leave Britain.
Hague said the assault could not have happened without the consent of Iranian authorities.
The Iranian diplomats slipped away quietly. The green, white and red Iranian flag still flew over the Iranian embassy in west London that was the scene of a dramatic six-day siege in 1980 when gunmen seized 21 hostages, two of whom they killed.
Across the street, a dozen protesters opposed to Iran’s government chanted “Free Iran” and urged “terrorists” to go home. A few police officers stood guard.
Western powers suspect Iran is seeking to develop nuclear weapons but Iran insists its program is peaceful.
Diplomacy has come to a boil after a report in November by the U.N. watchdog, the International Atomic Energy Agency suggested Iran has worked on a nuclear bomb program. The United States and Israel have not ruled out military strikes.
REMORSE
Britain’s Ambassador to Iran, Dominick Chilcott, said hardliners in the Iranian establishment may have thought confrontation would rally Iranians, but miscalculated how strong the response to the embassy storming would be.
“They probably didn’t expect us to send home the Iranian embassy in London and, reading between the lines, you can see in the way they have responded to that move, some remorse in having provoked it,” Chilcott told the BBC.
The closure of the embassies, by cutting off a channel of communication between Britain and Iran, complicates the search for a diplomatic solution to the nuclear dispute.
“Having this tension between Iran and Europe will make those negotiations a lot harder,” said Adam Hug, policy director of the Foreign Policy Centre, a London think-tank. “It does make the risk of conflict slightly more plausible.”
France, Germany and the Netherlands recalled their ambassadors from Tehran for consultations as a protest against the storming of the British compounds.
The EU added 180 Iranian people and entities to its sanctions list on Thursday and laid out plans for a possible embargo on Iranian oil, the lifeblood of the Iranian economy.
The United Nations Security Council said it “condemned in the strongest terms” the attack, although veto-wielder Russia made clear it saw no need for more sanctions.
ROTTEN ROPE
In Tehran, cleric Ahmad Khatami denounced the EU and Security Council to worshippers who chanted “Death to Britain.”
“If you have just a bit of wisdom, you won’t tie your rope to the rotten rope of Britain,” he said.
Increasing tensions with the world’s fifth biggest oil exporter pushed up global oil prices despite concerns of an economic downturn in the West. Brent crude rose towards $110 a barrel on Friday from a Thursday close of $108.99.
Iran’s culture ministry banned foreign media from covering anti-British pro-government protests in Tehran, especially rallies “in front of the British Embassy and the Qolhak compound unless authorized in advance,” the ministry said in a statement.
Witnesses reported a heavy presence of police at Ferdowsi square, where the British embassy is located.
“Life is normal in the area but there are many police officers in the area,” said a witness who asked not to be named.
The 135-year-old embassy residence was severely damaged in the onslaught. The ornate building at the centre of the complex has changed little since it hosted a dinner between Soviet leader Joseph Stalin, U.S. President Franklin D. Roosevelt and Britain’s Winston Churchill during the 1943 Tehran conference.
One Western diplomat who visited it on Thursday said priceless oil paintings had been slashed and protesters had cut out the face of a portrait of Queen Victoria. There were no reports of harm to staff.
The semi-official Fars news agency reported on Wednesday that 11 hardline protesters detained for storming the British compounds had been released.
Iranian diplomats expelled from London were due to arrive in Tehran in the early hours of Saturday and the hardline Basij militia said it would have a welcoming committee for them at the International Imam Khomeini Airport outside the capital.
Iran’s Foreign Ministry expressed regret over the embassy invasion, which it said was a spontaneous overflowing of anger during a peaceful protest by students. Britain says there must have been at least tacit approval by the ruling establishment.
The Iranian reformist website Sahamnews issued a statement by a group of students at the Islamic Azad university condemning the attack and saying the conservative hardliners did not represent the view of most young Iranians.
“Misusing the name of student is something we cannot easily let pass. There is no connection between what these people did and the honorable and sensible Iranian students,” it said.
Parliamentary speaker Ali Larijani, a long-time rival to Ahmadinejad, condemned the U.N. Security Council reaction to the embassy storming as “hasty” and “devious.”
(Additional reporting by Parisa Hafezi; Writing by Parisa Hafezi and Robin Pomeroy; Editing by Peter Graff and Jon Hemming)
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Video: More Worries as Italy Yields Spike
Julian Callow, Bacrlays Capital chief European economist, discusses the state of UK and European banks as Italian bond yields rise to worrisome levels. “Banks will be pressured to raise capital,” he says.
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Business & financial news headlines from msnbc.com
Source: http://video.msnbc.msn.com/cnbc/45436444/
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Thanksgiving celebrated among friends, strangers (AP)
NEW YORK ? Spectators cheered and sang at annual Thanksgiving Day parades from New York to Philadelphia to Detroit and friends enjoyed feasts with strangers at Occupy protest gatherings, reminding each other there is much to be grateful for despite the country’s hard economic times.
Delighted crowds gathered Thursday for Macy’s Thanksgiving Day Parade on the streets of Manhattan under brilliant sunshine. Millions more viewed the live broadcast of the annual holiday production on television from the comfort of their homes.
“Here comes Snoopy!” said an excited Regan Lynch, 5, nudging her grandfather, Nick Pagnozzi.
Pagnozzi, 59, of Saddle River, N.J., drove into the city at 6 a.m. to get a seat on the bleachers along Central Park West. He said Regan wanted to make sure he took pictures of every balloon.
With winds gusting to 22 miles per hour and temperatures in the mid-30s, parade-goers in Detroit bundled up. Before the celebration, 21,000 runners followed the course for the Turkey Trot races. A cluster of Ford Model T cars in the parade testified to the city’s status as America’s battered but rebounding auto capital.
“I know that for many of you, this Thanksgiving is more difficult than most,” President Barack Obama said in his weekly radio address. “But no matter how tough things are right now, we still give thanks for that most American of blessings, the chance to determine our own destiny.”
The president later telephoned 10 U.S. service members stationed abroad to wish them a happy Thanksgiving and praise their military service.
Dishing up Thanksgiving meals, U.S. Rep. Gabrielle Giffords appeared at Davis-Monthan Air Force Base in her hometown of Tucson, Ariz. She used only her left hand as she served, a sign that physical damage remains from the injuries she suffered when she was shot in the head Jan. 8 as she met with constituents. Eighteen others were injured and six people died in the assault.
Giffords donned a ball cap and an apron with her nickname of “Gabby” sewn on the front. Her retired astronaut husband, Mark Kelly, supported her from her left side as she worked the turkey station on the serving line.
“Happy Thanksgiving, thank you for your service,” she told Airman 1st Class Millie Gray of Kansas City, Mo.
Others in San Francisco, Oakland, Calif., and New York celebrated the holiday, serving turkey or donating their time in solidarity with the anti-Wall Street movement triggered by frustration with the slow pace of the economic recovery.
Some 3,000 meals were served in New York City. In Las Vegas, Occupy organizer Sebring Frehner said protesters had a potluck Thanksgiving meal at their campsite near the University of Nevada, Las Vegas. He said he was happy to skip the traditional meal at home.
“Instead of hunkering down with five or six close individuals in your home, people you probably see all of the time anyway, you are celebrating Thanksgiving with many different families ? kind of like the original Thanksgiving,” Frehner said.
The thousands lining the parade route in Detroit for the 9 a.m. start, watched dozens of floats and hundreds of marching musicians, including the 170-person Viking Marching Bad from Walled Lake Central High School.
Forty dancers from Deborah’s State Door dressed as hot dogs, and a 41st costumed as a bottle of mustard, made up a contingent sponsored by the National Coney Island restaurant group.
Philadelphia’s Thanksgiving parade, which began in 1920 and considers itself the nation’s oldest, went off with one hitch. Before the parade, in a preparation area, a balloon of the lasagna-loving comics feline Garfield burst while being inflated.
Organizers weren’t sure if it popped from over-inflation, a problem with the strings, or some other issue. Maybe it was too much lasagna?
In all, the Macy’s parade featured more than 40 balloon creations, 27 floats, 800 clowns and 1,600 cheerleaders. Star appearances included Mary J. Blige, Cee Lo Green, Avril Lavigne and the Muppets of Sesame Street. Some performances were at a stage at the end of the route in Herald Square; others were on floats.
“I feel like a kid all over, man, you know?” said Green, who rode a float featuring young hockey players.
Giant balloon versions of a jetpack-wearing monkey and a freakish creation from filmmaker Tim Burton made inaugural appearances. Paul Frank’s Julius and Burton’s B. joined fan favorites like Snoopy and Spider-Man. The parade also featured an elf balloon designed by Queens resident Keith Lapinig, who won a nationwide contest.
In the crowd along Manhattan’s Seventh Avenue, tourist Wilfred Denk of Munich, Germany, said he was most impressed by the high school marching bands. The procession featured bands from as far away as Hawaii.
Suddenly, a float bearing a replica of Mount Rushmore came into view. “Look, Neil Diamond!” said Bethina Denk.
The crowd started singing “Sweet Caroline! Whoa! Whoa! Whoa!” as Diamond waved from a platform in front of the Mount Rushmore heads.
Near the beginning of the route, Conor Jones, 5, of the Bronx, ducked as a troupe of clowns dressed as firefighters doused the crowd with multicolored confetti. He and his twin brother, Nolan, have attended the parade three years in a row.
“I like the bands best,” he said. His brother preferred the Spider-Man balloon.
Dozens of handlers got revved up with a cheer heralding their cartoon balloon character: “Buzz! Lightyear! Buzz! Lightyear!”
Nearby, balloon handler Joe Sullivan, a retired banker, held one of six nylon lines securing a huge floating pumpkin. He’s been volunteering in the parade for more than 15 years.
“When it’s windy it’s a struggle,” he said. “But today is great weather.”
Macy’s predicted 3.5 million people could crowd the parade route, while an additional 50 million watched from home.
All the balloons are created at Macy’s Parade Studio in New Jersey, and each undergoes testing for flight patterns, aerodynamics, buoyancy and lift. The floats are driven into New York through the Lincoln Tunnel before the parade.
___
Associated Press Writers Julie Walker in New York, Julie Pace in Washington, David N. Goodman in Detroit, and Matt York in Tucson contributed to this report.
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Analysis: Poor German auction spells tough times for euro (Reuters)
LONDON (Reuters) ? Weak demand at a German debt auction suggests investors are starting to shun even the euro zone’s strongest economy, which could trigger more losses in the shared currency as many shift from euro-denominated assets to safe havens outside the region.
As Italian, Spanish and even French yield spreads have blown out to record levels in recent weeks, the trend has been for portfolio flows to switch into German Bunds, resulting in no foreign exchange outflows from the euro zone.
Those flows, combined with talk of repatriation of capital by euro zone banks desperate to shore up their balance sheets as money markets seize up, have been cited as reasons behind the euro’s recent resilience around $1.34.
But that appears to be changing and on Thursday the euro slid to a 7-week low at $1.3316 on trading platform EBS.
Germany sold barely half the bonds it put up for auction on Wednesday, when a buyers’ strike against the low yields on offer was fueled by fears that Berlin could not remain immune from the crisis engulfing its heavily indebted euro partners.
In a sign that investors are cutting exposure to the euro zone as a whole, 10-year Bund yields converged with UK gilts for the first time in 2-1/2 years.
Normally, positive yield differentials would be considered a reason to buy the euro. But analysts said investors are now more likely to sell the shared currency because of fears that Germany
may be forced to underwrite the fiscal excesses of weaker euro zone economies. Those worries could push the euro to $1.25 or lower by early next year, some analysts say.
“Some people are now saying if you cannot sell the Bund (at auction) you cannot sell anything. Traders will see German yields higher and the euro falling and say that is not a good sign. The euro zone crisis is just getting going,” said Geoff Kendrick, FX strategist at Nomura.
Analysts described the recent widening of differentials between benchmark Bund yields and returns on the bonds of weaker economies as asymmetric. Earlier in the crisis, when peripheral bond yields rose German yields tended to fall.
“When German Bund yields no longer drop while the other side is widening, we have liquidation of these peripheral bonds as well as simultaneously a flight out of the euro. This means the euro is much more vulnerable to widening of the spreads,” said Hans Redeker, global head of FX strategy at Morgan Stanley.
At 2.15 percent, 10-year German yields are still roughly a third below levels seen earlier this year, and investors are unlikely to dump Bunds as they dumped Italian and Spanish debt.
But Stephen Gallo, head of market analysis at Schneider Foreign Exchange, said if weak demand for German debt escalates into an outright Bund sell-off, a huge proportion of flows that have remained within the euro zone would desert the bloc.
“We may get to a point where Germany starts to get pressured, capital is going to be drying up and then the euro could drop quite low, to $1.25 or less in a matter of days,” Gallo said.
INFLOWS SLOWING
In a scenario in which Germany comes under pressure, analysts said the portfolio flows could dry up fast.
The latest European Central Bank data showed 20.7 billion euros of net portfolio investment flowed into the euro zone in September, at a slower pace than August when 31.9 billion euros came in.
The data supports the view that appetite for euro zone debt is waning with repatriation of capital by European banks acting as a buffer for the time being. Analysts expect foreign investors to speed up liquidation of euro zone bond holdings while repatriation inflows are likely to wane in coming months.
Deutsche Bank estimates the stock of foreign portfolio investments in the euro area exceeds the stock of euro area investment abroad by close to 3 trillion euros – a mismatch that is likely to send the euro lower in coming months.
Data from Japanese bank Nomura shows domestic investors in France, the euro zone’s second largest economy, has already repatriated investment from abroad for four consecutive months, to a total of 123 billion euros.
Although the data does not differentiate between repatriation from other euro zone countries and the rest of the world, it supports evidence that French banks, which have particularly high exposure to Greek debt, are trying to improve capital ratios to reduce vulnerability to a Greek default.
Nomura data also showed Japanese investors led the selling of euro zone assets mainly from Italy and Belgium in August and September, and that trend is expected to continue.
Deutsche Bank strategist Alan Ruskin said as the crisis threatened core euro zone countries, foreigners had a significantly smaller pool of assets to buy from. He forecast the single currency could hit $1.25 in the first quarter of 2012.
“It does feel like Europe has jumped the gun and there’s a mismatch in terms of repatriation. Foreigners hold a lot more European assets than Europeans hold foreign assets. There’s more to liquidate in a full-blooded, ‘everyone goes home’ situation.”
(Editing by Ruth Pitchford)
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Arrest in Chicago hospital parking garage shooting
CHICAGO (AP) ? A housekeeping employee suspected in the fatal shooting of a woman inside a Chicago hospital parking garage, which prompted an hours-long lockdown, was arrested during a Friday traffic stop, police said.
Angela Bonds, 48, of Riverside was shot late Thursday in a University of Illinois at Chicago hospital garage and later died, authorities said.
University police characterized the killing as an “apparent domestic-related shooting” in a campus alert posted early Friday on the school’s website and said officers were seeking a man who was a housekeeper at the hospital.
Officers pulled the 47-year-old suspect over for a routine traffic stop at 6:30 a.m. Friday, and the officer recognized the man from a description in the alert, university police spokesman Mark Rosati said. The suspect fled the car and was arrested a few blocks away, he said.
A weapon was recovered but officers didn’t immediately know if it was used in the shooting.
Rosati said the suspect had worked at the hospital for 15 years, but he declined to discuss his relationship to Bonds.
The hospital was locked down for hours while police searched for the gunman but resumed normal operations around 5 a.m. Friday. Rosati said authorities don’t believe the gunman was ever inside the hospital after the shooting.
The garage is near the hospital but not attached to it, Rosati said. He wasn’t sure whether the hospital has metal detectors but said the university has security cameras posted indoors and outdoors across its 250-acre campus.
Associated Press
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Minnesota Public Radio wants you! (Powerlineblog)
Daniel Klein: Is It Worth A Turkey?
Turkey and I go way back. I was born in America but raised in England, where every year my parents would stage a classic Thanksgiving celebration. The feast usually drew more Brits than Americans but the turkey was always there, barely fitting into the oven.
Turkey is native to the Americas but has long been the bird of choice at Christmas time in England, so my mom never had trouble finding a big bird. No doubt what we ate was the broad-breasted white that is ubiquitous on tables across the U.S.
This year’s holiday was different. I had recently moved to Minnesota to begin a documentary series on socially responsible — and adventurous — eating. In Minnesota, I found that turkey is, apparently, the new pigeon — thanks to a wildlife repopulation program. I’d seen them on the side of the road, scared them into the woods and heard their signature gobble in the distance.
Given the apparent abundance of birds now inhabiting my home state, I figured it was time to wrangle one on my own. So, with the game conditions intact, I tried my hand at bow hunting. And for the first time, squirrels were the only creatures I saw. Since wild turkey was clearly not in the cards, I decided to buy an heirloom turkey from a local farm.
Mike and Linda Noble run a small organic Animal Farm in southern Minnesota (farmonwheels.net), where they raise a variety of animals, with the turkey as the bourgeoisie. They switched from conventional to organic farming 15 years ago after their son came down with e-coli poisoning and Linda got dioxin poisoning. Illness and the financial crash in the 80s forced the family to change directions dramatically. They haven’t looked back.
Mike explained the genetic process by which the broad-breasted white — the bird that has become synonymous with Thanksgiving — was developed. Four different birds were bred to eventually yield small white-meat turkeys, which consumers were demanding. As consumer tastes changed, and as turkey processors sought more white meat to meet the growing demand at the deli counter, more and more farmers began to raise increasingly bigger-breasted birds. By 1965, the broad-breasted white was king.
But there were none on Mike’s land. Instead, he had several varieties of heritage turkeys as well as a few wild ones.
Linda caught a heritage bird for me and explained the best way to kill it: a sharp knife to the jugular. I took home a beautiful live bronze turkey in a computer box.
My cousin Tim and I welcomed him to his new digs — our chicken coop, already home to three ducks and five chickens. This new living situation proved itself to be very amiable for all parties as the ducks were afraid of the turkey, the turkey was afraid of the chickens and the chickens were afraid of the ducks; this circle of fear meant no attacks by any birds.
The neighborhood kids came by to meet the turkey, my housemates wanted to name it, and as I became more attached to the big guy, I began dreading the approach of Thanksgiving. I may have even shed a tear as I made a brine.
By my turkey’s last day we had formed a bond, even though I had purposely not named him. I fed him everyday, and watched him endure the cold and interact with the other fowl; he seemed proud and strong. That perception was strengthened when I took him to Barton Open School, a nearby elementary school, to show the students. The turkey set a fine example; he never once tried to peck at the children, even after they admitted to being excited at eating his brethren. He treated newly proclaimed vegetarians and the poking omnivores the same, with great dignity. The more the children asked me “Are you gonna eat him?” the more unsure I became. I even considered prolonging our departure from the school as I knew that when we left Barton, it would be time to do the deed.
Dinner would be at my grandma’s house, and plenty of family was in town. I encouraged them to watch and help with the slaughter. Those who came to take part were my three cousins, ages 11, 14 and 16; my 88-year-old grandma; her neighbors who are also in their 80s; my 29-year-old brother and my aunt, who is 45. A diverse age range with a diverse set of reactions.
I often eat meat without a thought to the animal that was born, raised and killed. I have butchered whole animals, and even then it seems a bit detached. As I prepared to hang the turkey from a tree in my grandma’s backyard, the disconnect between my food and that life disappeared. Eating meat suddenly became less important. I was about to kill a beautiful creature because of a food tradition, because meat is tasty.
The turkey had had a good life, and had been treated well, but what did that matter when I was going to slit its throat? It comes down to being a vegetarian or facing the reality of eating meat: The dominion over other beings and the willingness to put your enjoyment (and, to an extent, your health) above their life. This has all been thought about and pondered over, so I won’t go on, but I still grapple with it daily.
My grandma read a prayer. The youngest cousin said, “I don’t want to kill it.” I cut the turkey’s jugular as it was hanging and blood ran quickly from its neck. The branch broke. The turkey flopped around, and then stopped.
We kept things matter-of-fact and went straight into processing. Some enjoyed plucking feathers, talking about turkey poop and feeling the warm innards. Others had opted out completely and stayed inside, making stuffing. A tedious hour later, we had something that looked a lot like a broad-breasted white. I carefully immersed it in the brine I had prepared.
I returned to my grandma’s house at about nine the next morning. A few hours later, the turkey that just two days ago had been gobbling around my backyard and in the Barton schoolyard, emerged from the oven a beautiful crispy brown, smelling of thanks. We gave it a good long resting period, enough time to roast the sweet carrots (in brown sugar and butter) and bake the stuffing.
Was it worth it? That was the question of the day. Was it worth taking this beautiful creature’s life for the sake of a tradition, for the sake of tryptophan and gravy? I am still working out the answer to that question. We have a family tradition — you probably have it too — where we go around the table and say what we are thankful for. This year was a no brainer. I was thankful for the turkey, for this very agreeable bird that did not fight with ducks, chickens or children. It had died nobly, with wings spread open and it had taught my little cousins a valuable lesson about eating meat. A turkey doesn’t start at the grocery store, wrapped in plastic, but as a living creature, majestic even, and proud. And to take that animal’s life is serious business; you must kill it with care and use every last bit.
Even though the kids happily proclaimed how delicious the turkey was, they did not take the matter lightly. I am sure that they will never forget this Thanksgiving, or that turkey.
For more writing, videos and recipes visit www.theperennialplate.com
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Source: http://www.huffingtonpost.com/daniel-klein/raising-and-eating-turkey_b_1108354.html
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Ky. college locked down after shooting near campus (AP)
BEREA, Ky. ? Berea College in central Kentucky was put on lockdown as authorities searched for a suspect in a shooting nearby that killed one person and left another injured.
Berea Police Capt. Ken Clark identified the suspect as a 27-year-old male said to be armed and dangerous.
He said police agencies around the state have been alerted to watch out for the man, who’s described as 6 feet tall and 190 pounds with brown hair and hazel eyes.
Clark said officers were dispatched at 7:12 a.m. Monday to an apartment near Berea College and found one person dead and another injured. He said police believe an altercation late Sunday at the residence is connected to the shooting.
Berea College spokesman Tim Jordan said the school was locked down as a precautionary measure.
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Don’t Post Pictures of My Kid on the Internet, Part 2
This week, Farhad Manjoo and Emily Yoffe revisit the etiquette, and legality, of posting photographs of other people online. They decided to take a second look at the topic after listeners had strong reactions to Episode 26. Listen to Episode 30 using the audio player below or by opening this player in a new tab:
Source: http://feeds.slate.com/click.phdo?i=5e63222a04637891e51a7e8457c43260
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