Showing posts with label French President Francois Hollande. Show all posts
Showing posts with label French President Francois Hollande. Show all posts
Sunday, November 29, 2015
Protesters push leaders to avert climate catastrophe
PARIS, France - Masses of people joined a worldwide wave of marches on Saturday demanding leaders craft a pact to avert a climate catastrophe when they gather in a still-shaken Paris.
From Australia to New Zealand, the Philippines, Bangladesh and Japan, people rallied at the start of a weekend of popular protests pleading for world powers to overcome the logjams when the UN climate summit officially opens in the French capital Monday.
"Protect our common home," declared placards held aloft as thousands gathered in Melbourne, with those sentiments echoed also on the streets of Johannesburg and Edinburgh.
Some 150 leaders, including US President Barack Obama, China's Xi Jinping, India's Narendra Modi and Russian President Vladimir Putin, will attend the start of the Paris conference, which is tasked with reaching the first truly universal climate pact.
The goal is to limit average global warming to two degrees Celsius (3.6 degrees Fahrenheit), perhaps less, over pre-Industrial Revolution levels by curbing fossil fuel emissions blamed for climate change.
If they fail, scientists warn of a world that will be increasingly inhospitable to human life, with superstorms, drought and rising sea levels that swamp vast areas of land.
On the eve of Saturday's protests, French President Francois Hollande warned of the obstacles ahead for the 195 nations following more than two decades of bickering.
"Man is the worst enemy of man. We can see it with terrorism," said Hollande, who spoke after leading ceremonies in Paris to mourn the victims of the deadly November 13 bombing and shooting attacks that sowed terror in the French capital.
"But we can say the same when it comes to climate. Human beings are destroying nature, damaging the environment. It is therefore for human beings to face up to their responsibilities for the good of future generations."
- Compromise call -
Potential stumbling blocks in Paris abound, ranging from financing for climate-vulnerable countries to scrutiny of commitments to curb greenhouse gases and even the legal status of the accord.
The last attempt to forge a global deal -- the ill-tempered 2009 Copenhagen summit -- foundered upon divisions between rich and poor countries.
UN Secretary-General Ban Ki-Moon said he was optimistic of success in the talks, which are due to end on December 11, but emphasised all sides must be prepared to compromise.
"I am urging the world leaders that they must agree on the middle ground, there is no such perfect agreement in this world," Ban told France 24 television on Saturday.
Briefing reporters at the summit venue, French Foreign Minister Laurent Fabius highlighted four key issues still dividing nations but also voiced optimism about success.
He pointed out the number of nations that had submitted plans on how they intended to fight climate change -- a key part of the planned Paris agreement -- had risen to 183 and covered 95 percent of greenhouse gas emissions.
"This is extremely good news," he told reporters.
Speaking alongside Fabius, UN climate chief Christiana Figueres said the voluntary carbon-curbing pledges would still put Earth on track for warming of between 2.7 and 3.5 C.
While emphasising this was not nearly enough, Figueres said the pledges had moved the world away from warming of up to six degrees.
"That is fundamental progress," she said, adding the Paris agreement could "chart the path" for continued improvement in the years ahead to keep warming to between 1.5 and 2 degrees C.
The diverse group of 53 Commonwealth nations, which represents a third of the world's population, also pledged Saturday to work for an ambitious and legally binding Paris agreement.
Commonwealth leaders issued the statement after holding their biennial summit in Malta, where they also agreed to set up a billion-dollar "Green Finance Facility" for environmental projects.
- Human chain after Paris attacks -
Protest organisers say they expect hundreds of thousands to take to the streets globally this weekend, with rallies planned for Sunday in Seoul, Rio de Janeiro, New York, Kiev and Mexico City.
In Paris, French authorities cancelled two demonstrations following the onslaught by gunmen and suicide bombers which killed 130 people at restaurant terraces, a concert hall and the national stadium on November 13.
People rallying this weekend have declared their solidarity with activists unable to rally in Paris with a social media campaign tagged #march4me.
Activists still plan to create a two-kilometre (1.2-mile) human chain along the original march route on Sunday.
They will break the chain as they pass the Bataclan concert hall, where the worst violence claimed 90 lives, as a mark of respect to the victims.
Protesters also plan to leave scores of shoes on Place de la Republique square to symbolise the thousands left frustrated in their plans to march.
In a sign of the urgency of the talks, the start of the climate negotiations themselves, conducted by bureaucrats, were brought forward to Sunday on the eve of the official opening.
The Paris conference will gather some 40,000 people, including 10,000 delegates from 195 countries.
About 2,800 police and soldiers will secure the conference site, and 6,300 others will deploy in Paris.
source: www.abs-cbnnews.com
Monday, November 16, 2015
French fighter bombers pound IS stronghold in Syria: ministry
PARIS - French warplanes pounded the Islamic State (IS) group's de facto Syrian capital Raqa on Sunday, destroying a command post and a training camp, the defence ministry said.
In its first air strike against IS since the string of deadly Paris attacks claimed by the jihadist group, 12 warplanes, including 10 fighter bombers, dropped 20 bombs on the targets.
"The first target destroyed was used by Daesh (another Arabic acronym for IS) as a command post, jihadist recruitment centre and arms and munitions depot. The second held a terrorist training camp," a ministry statement said.
The planes left from Jordan and the United Arab Emirates and was conducted in coordination with American forces, the ministry said.
French President Francois Hollande on Saturday blamed the Islamic State group for the gun and suicide attacks that left at least 129 dead in Paris on Friday, calling them an "act of war".
source: www.abs-cbnnews.com
Sunday, November 15, 2015
Global markets brace for short-term hit after Paris attacks
SYDNEY/TOKYO -- Global stocks are set for a short-term sell-off on Monday after Islamist militants launched coordinated attacks across Paris that killed 129 people, but analysts said a prolonged economic impact or market reaction was unlikely.
President Francois Hollande has declared a state of emergency, ordering police and troops into the streets, and set three days of official mourning after the attacks he called an "act of war" by Islamic State.
The carnage prompted condemnation by world leaders and outpourings of support for Parisians from around the globe, but would likely have only a knee-jerk impact on investment decisions, said Shane Oliver, chief economist at Australia's AMP Capital in Sydney.
"History will tell us that if the economic impact is limited - and I think it will be - that markets will quickly recover and go on to focus on other things," Oliver, who is also head of strategy at the $111-billion wealth management firm.
While news of the attacks hit after markets closed on Friday, S&P 500 Index futures were still trading and shed about 1 percent in light volume.
"If this had happened during market trading hours there could have been a panic but markets had a weekend to digest all the information," said Eiji Kinouchi, chief technical analyst at Daiwa Securities in Tokyo.
With Wall Street closing more than 1 percent lower after weak U.S. retail sales figures, Asian and European share markets would have been expected to fall even without the Paris attacks
French stocks, particularly those exposed to the country's large tourism sector, are likely to suffer the biggest falls.
France has the largest number of tourists in the world and the sector accounts for almost 7.5 percent of GDP.
"These Paris terrorist attacks and the larger scale of this attack could have a meaningful negative impact on the travel and tourism sector," said Robert T. Lutts, president and chief investment officer at Cabot Wealth Management in Salem, Massachusetts.
"It is possible this could cause investors to take a bit more cautious stance on the higher risk sectors of the markets."
Europe has suffered similar coordinated attacks on public transport systems previously, in Madrid in 2004 and London in 2005. Almost 250 people were killed and more than 2,500 injured in those bombings on trains and buses by Al Qaeda-inspired militants.
"The knee-jerk reaction in other terrorist attacks over the last decade has been a rush to safety, including aggressive buying in the U.S. Treasury markets," said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott LLC in Philadelphia.
"I sincerely hope these attacks will prove short in duration and will abate in intensity, in which case the market reaction will likely only include a brief safety bid in Treasuries."
U.S. 10-year Treasuries notes yielded 2.273 percent at Friday's close. The euro ended the week little changed at $1.0777, and is down 11 percent this year against a resurgent greenback.
French financial markets will be open as usual on Monday, stock and derivatives exchange Euronext said on Saturday.
source: www.abs-cbnnews.com
Friday, October 25, 2013
France, Germany want talks with US on spying row by year end
BRUSSELS - France and Germany want talks with the United States to settle a spying row after US eavesdropping on German Chancellor Angela Merkel's mobile and French citizens' calls, the EU announced Friday.
The leaders of the 28-state European Union "took note of the intention of France and Germany to seek bilateral talks with the US", EU President Herman Van Rompuy told a press conference after a first night of summit talks wrapped up.
Van Rompuy said other countries could participate alongside Berlin and Paris should they wish, as Merkel and French President Francois Hollande seek "an agreement or an understanding in the field of secret services".
Van Rompuy said British Prime Minister David Cameron "agreed with the text as it stands".
He added: "Of course the UK has a special relationship ... but they are completely on board."
Van Rompuy said new rules for "mutual relations" in the intelligence sphere were essential for trust, "so that we are sure these kind of incidents don't occur again".
Citing "deep concern among European citizens", he said that while intelligence-gathering remains a vital element in the fight against terrorism, this new understanding "applies to relations between European countries as it applies to relations with the US".
source: www.abs-cbnnews.com
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