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Livni: Israel must press ahead with peace talks
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Published: October 6, 2008
JERUSALEM -- Israeli Prime Minister-designate Tzipi Livni warned yesterday that time is running out for a peace agreement with the Palestinians, with extremists gaining strength as negotiations stumble.
In her first foreign-policy speech since her appointment to form a new government, Livni said that Israel must press ahead with peace talks because "doing nothing has its own price."
Israel and the Palestinians resumed talks last November at an international conference held by President Bush. They set a target date of January 2009, when Bush leaves office, for completing a peace deal, but apparently little progress has been made, and both sides cast severe doubt about meeting the target.
Property lender bailed out by Germany for $69 billion
STOCKHOLM, Sweden -- Germany became the latest country to move to allay fears about the financial meltdown, enhancing a rescue plan for Hypo Real Estate AG and guaranteeing private bank accounts as European governments scrambled on their own yesterday to save failing banks.
Chancellor Angela Merkel said that no citizen should fear for the safety of their investments. Hours later, her government announced a new bailout package totaling 50 billion euros ($69 billion) for Hypo Real Estate, Germany's second-biggest commercial-property lender.
Hypo said that an original 35 billion euro ($48 billion) rescue plan fell apart after private lenders withdrew support, a key element to the proposal that had already been approved by the EU.
Kurdish rebel bases bombed in Iraq by Turkish warplanes
ANKARA, Turkey -- Turkish warplanes have bombed Kurdish rebel bases in northern Iraq, the military said yesterday, two days after rebels killed 15 soldiers in an attack staged partly from Iraqi soil.
The planes bombed rebel hideouts Saturday in Iraq's Avasin Basyan region and returned safely to their bases, the military said.
The military's deputy chief, meanwhile, accused leaders in northern Iraq of tolerating the rebels.
"We don't receive any kind of support from the local administration in the northern part of Iraq," Turkey's Gen. Hasan Igsiz said yesterday. "Our expectation from them is to accept that the terrorist organization is a terrorist organization and eliminate the support provided to it."
Baby found alive in Algeria at site where flood killed 41
ALGIERS, Algeria -- A baby was found alive by rescuers after spending four days in a pool of mud after flash floods that killed at least 41 people in central Algeria this week, a local official said yesterday.
"It's a miracle, really a miracle to find it alive after all this time," the town governor of Ghardaia, Yahia Fahim, told national radio. The state-run APS news agency said that the 4-month-old baby appeared in good health after being found late Saturday and had been handed to a family while authorities looked for its parents.
New tropical storm gaining strength off Mexican coast
MEXICO CITY -- The National Hurricane Center says that Tropical Storm Norbert is strengthening off Mexico's southern Pacific coast and could become a hurricane in the next 24 hours.
The center says that Norbert is centered 215 miles south of the Zihuatanejo-Ixtapa resort area with winds of 60 mph.
Tropical Storm Marie, meanwhile, lingered 845 miles southwest of the southern tip of Baja California, posing no threat to land.
Maoist rebels admit to killing Christians were blamed for
BHUBANESHWAR, India -- Maoist rebels say they murdered a hard-line Hindu leader whose death triggered violence between Hindus and Christians that left dozens dead, a television news channel reported yesterday.
Right-wing Hindu groups had blamed Christians for the Aug. 24 killing of Swami Laxmanananda Saraswati in the eastern state of Orissa.
They set fire to a Christian orphanage, and mobs then attacked churches and Christian-owned shops and homes. At least 28 people have been killed in villages across the state.
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