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24 November 2013

Peter Okoye gushes over his beautiful wife, Lola Okoye; read his wedding vow to her

The just married ‘Alingo’ crooner posted this very lovely photo of his wife Lola Okoye nee Omotayo on his Instagram page….
“I am very excited today because I am getting married to a very wonderful woman. She is a very strong woman who has stuck by me through it all. I know she will make me a happy man”

US-Iran clinch interim nuclear deal: Blow to Israel and Saudi Arabia; relief for India


WASHINGTON: The United States plus five world powers reached a landmark deal with Iran on Sunday to curtail the Persian country's purported march towards nuclear weapons.

U.S., Japan slam China's 'destabilizing' move on East China Sea airspace

 Japan and ally the United States sharply criticized China's move to impose new rules on airspace over islands at the heart of a territorial dispute with Tokyo, warning of an escalation into the "unexpected" if Beijing enforces the rules.
China's government-run Xinhua news agency published coordinates for a newly established "East China Sea Air Defense Identification Zone," which covers most of that sea and includes the skies over the disputed islands.
Beijing warned that it would take "defensive emergency measures" against aircraft that failed to identify themselves properly in the airspace.
Japanese Foreign Minister Fumio Kishida said the move was unacceptable. "It could well lead to an unforeseen situation," he told reporters on Sunday.
Ties between the Asian powers, the world's second and third biggest economies, have been strained for months by the dispute over the islands in the East China Sea, called the Diaoyu by China and the Senkaku by Japan. The islands are currently under Japanese administrative control.
Saturday's announcement suggests that foreign aircraft merely passing through that zone would have to follow China's procedures - or face unknown, potentially dangerous consequences.
U.S. Secretary of State John Kerry urged China to exercise caution and restraint, saying freedom of overflight was essential to stability and security in the Pacific.
"We urge China not to implement its threat to take action against aircraft that do not identify themselves or obey orders from Beijing," he said in a statement.
"We remain steadfastly committed to our allies and partners, and hope to see a more collaborative and less confrontational future in the Pacific."
A U.S.-Japan security treaty commits Washington to intervene in defense of Japan if there is an attack on Japanese-administered territory. The United States has a hefty military presence in Japan, including on the southern island of Okinawa, which is close to the disputed isles.

Xinhua said in a commentary the "air zone could contribute to regional peace and security by curbing the increasing rampancy of Japan's right-wing forces, as well as the continuous and dangerous provocations of Japanese politicians, which even Washington should be vigilant against".

Tensions flared last year when the government bought three of the islands from a private landowner to fend off a potentially more inflammatory purchase by the Tokyo metropolitan government, at the time headed by nationalist governor Shintaro Ishihara.
Tokyo lodged a strong protest through the Chinese embassy, calling the action "totally unacceptable" and warning that the overlap of the air defense identification zone could lead to an "unexpected occurrence of accidents in the airspace".
A senior diplomat in China's Tokyo embassy, Han Zhiqiang, dismissed Tokyo's protests, saying in a statement that "Japan has no right to make irresponsible remarks".
Han said the Chinese government's aim was to defend its national sovereignty and territorial airspace and was not aimed at a specific country or target. He added it did not affect the freedom to pass through the airspace.
Xinhua said the latest rules came into force on Saturday and China's air force conducted its first patrol over the zone. The patrol included early warning aircraft and fighters, it said.
Japan, for its part, scrambled fighter jets on Saturday afternoon against two Chinese reconnaissance planes over the East China Sea, the Japanese Defense Ministry said.

HAGEL SAYS MOVE IS DESTABLIZING
In a strongly worded statement, U.S. Defense Secretary Chuck Hagel called Beijing's move a "destabilizing attempt to alter the status quo in the region".
"This unilateral action increases the risk of misunderstanding and miscalculations," he said.
One U.S. official, speaking on condition of anonymity, said Beijing's move was being interpreted as "a direct challenge" to Japan's operations in the area, believed to be surrounded by energy-rich seabed.
Security experts echoed the concerns about an escalation, saying that if China were to enforce the air defense identification zone, a non-military Chinese aircraft's flying into it could lead to a military face-off between the two sides.

"If two fighter aircraft - one from their side and one from our side - meet in the air, that would create a precarious situation," said Narushige Michishita, director at Japan's National Graduate

Institute for Policy Studies. "That's very dangerous."
Tensions in the region are expected to be a topic of discussion when Vice-President Joe Biden travels to China, Japan and South Korea in early December.
The United States has not taken a position on sovereignty issues in the regional maritime disputes, but has stressed the need for the free flow of commerce, a reduction in tensions, and peace and stability in the region.
China's move comes on the heels of a visit there last week by a delegation of Japanese business leaders in the hopes of improving economic ties. Trade between the two countries amounts to $250 billion annually, but Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping have yet to hold an official meeting.

23 October 2013

ECB says bank health test to strengthen confidence

The euro sign landmark is seen at the headquarters (R) of the European Central Bank (ECB) in Frankfurt September 2, 2013. REUTERS/Kai Pfaffenbach
The European Central Bank vowed on Wednesday to submit the euro zone's top banks to a comprehensive batch of tests next year, staking its credibility on a review that is crucial to rebuilding confidence in the sector.
Setting out its plans to scrutinize 128 top euro zone lenders, the ECB said the exercise aimed to improve transparency in the sector, to identify and implement "corrective action" where needed and to build confidence in banks.
"A single comprehensive assessment, uniformly applied to all significant banks, accounting for about 85 percent of the euro area banking system, is an important step forward for Europe and for the future of the euro area economy," ECB President Mario Draghi said in a statement.
"Transparency will be its primary objective," he said. "We expect that this assessment will strengthen private sector confidence in the soundness of euro area banks and in the quality of their balance sheets."
The ECB said it would conclude its assessment in October 2014, before assuming its new supervisory tasks in November 2014. If capital shortfalls are identified, banks will be required to make up for them, the ECB said.
"For the success of the exercise, the ex ante availability of backstops is critical

Slain Boston Marathon bombing suspect linked to triple killings


Suspects wanted for questioning in relation to the Boston Marathon bombing April 15 are seen in handout photo released through the FBI website, April 18, 2013. REUTERS/FBI/Handout

Slain Boston Marathon bombing suspect Tamerlan Tsarnaev took part in a 2011 triple homicide in a nearby town, according to a Chechen immigrant who was himself killed when approached by investigators for questioning, federal prosecutors said on Monday in newly filed court papers.
Ibragim Todashev, 27, who has been identified as an acquaintance of Tsarnaev from their days as mixed martial-arts fighters in Boston, told investigators Tsarnaev participated in the murders of three men found stabbed to death in September 2011 in an apartment in Waltham, Massachusetts, according to the filing.
U.S. media had previously reported that one of the victims was a close friend of Tsarnaev and authorities believe the killings were drug related.
The FBI has said Todashev was shot and killed by a federal agent about a month after the marathon bombings when he suddenly turned violent while being questioned about possible links to Tsarnaev.
The latest disclosure about Tsarnaev came in a 23-page brief arguing against a motion by lawyers for his younger brother, Dzhokhar Tsarnaev, who is in custody on federal charges related to the marathon bombing that carry the death penalty.
Dzhokhar Tsarnaev's lawyers are seeking to force the government to share with defense attorneys investigative materials pertaining to his deceased older brother, Tamerlan.
The two siblings, both ethnic Chechens, are suspected of planting two pressure-cooker bombs that detonated at the finish line of the Boston Marathon on April 15, killing three people and injuring 264 others.
After allegedly shooting a police officer to death in an ambush three days later, the pair went on to engage in a late-night gun battle with police in nearby Watertown that ended with Tamerlan Tsarnaev, 26, dead, and 20-year-old brother, Dzhokhar, escaping.
Police later captured the younger Tsarnaev after a daylong manhunt in which most of the Boston area was placed on a security lockdown.
Dzhokhar has since pleaded not guilty to charges related to the bombing and the policeman's slaying.
Lawyers for the younger Tsarnaev have argued that information about the investigation of his older brother's possible role in the Waltham murders might be a mitigating factor in the government's case against Dzhokhar. But prosecutors said disclosure of the materials sought by his defense could jeopardize the continuing investigation into the triple homicide.