Gay marriage gets OK from British lawmakers

LONDON British lawmakers on Tuesday voted overwhelmingly in favor of a bill to legalize same-sex marriage championed by Prime Minister David Cameron, despite strong opposition from within his Conservative Party.

In a first House of Commons vote, lawmakers voted 400 to 175 in support of the legislation. There was majority support from the left-leaning Labour Party and Liberal Democrats party, but around half of the Conservative lawmakers rejected the proposals or abstained.

The bill will have to go through more detailed parliamentary debates and a vote in the House of Lords, where a vote in favor is likely given the strong support Tuesday. If it becomes law, the proposed bill would enable same-sex couples to get married in both civil and religious ceremonies, provided that the religious institution consents.

The bill would also allow couples who had previously entered into civil partnerships to convert their relationship into a marriage.

Earlier, Cameron - who did not attend a Parliament debate ahead of the vote - said passing the bill is "an important step forward" for Britain.

"I am a strong believer in marriage. It helps people commit to each other and I think it is right that gay people should be able to get married too," he said. "This is, yes, about equality. But it is also about making our society stronger."

Officials have stressed that all religious organizations can decide for themselves if they want to "opt in" to holding gay weddings. However, the Church of England, the country's official faith, is barred from performing such ceremonies.

That provision aims to ensure that the Church, which opposes gay marriage, is protected from legal claims that as the official state religion it must marry anyone who requests it.

Currently same-sex couples only have the option of a civil partnership, which offers the same legal rights and protections on issues such as inheritance, pensions, and child maintenance.

Supporters say that gay relationships should be treated exactly the same way as heterosexual ones, but critics worry that the proposals would change long-standing views about the meaning of marriage. Some Conservatives also fear the proposals would cost the party a significant number of votes in the next election.

"Marriage is the union between a man and a woman, has been historically, remains so. It is Alice in Wonderland territory, Orwellian almost, for any government of any political persuasion to seek to come along and try to re-write the lexicon," Conservative lawmaker Roger Gale said.

If passed, the bill's provisions would come into effect in 2015. They apply only to England and Wales - there are no plans for similar legislation in Northern Ireland. Scotland is considering introducing a similar bill.

CBS Radio's Vicki Barker reports from London that Tony and Barry Drewett-Barlow have been in a civil partnership for seven years. They are devout Christians who want a Christian wedding.

"For Barry and I it's about being able to stand up in front of the altar in our local church and say our vows," Tony said, "not only to each other and in law, but also in the eyes of God -- and that's a really important step."

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Sierra's Family Selling Photos to Cover Funeral, Kids













The family of Sarai Sierra, an amateur New York photographer slain while on a trip to Turkey, put her photos up for sale today and quickly sold enough photographs to pay forher funeral, the woman's brother said today.


The photos remain on sale and the profits will now be going to her two young sons, the family said.


Sierra, 33, was found bludgeoned to death near a highway in Istanbul on Saturday. Her iPhone and iPad, the tools she used to share her photos with her thousands of Instagram followers were reportedly missing.


The Staten Island mother of two traveled to Turkey alone on Jan. 7 after a friend had to cancel. It was Sierra's first overseas trip, and she kept in contact with her family the entire time, they said, sharing stories of her journey and posting photos online.



"Sarai's passion for photography and love for capturing the beauty we see in culture, architecture and scenery was her reason for traveling to Istanbul," her brother, David Jimenez, wrote on a website set up to sell his sister's photography.


Among the photos for sale are Istanbul sunsets, and shots of Sierra's beloved New York City.






Courtesy Sarai Sierra's family











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Body Found in Search for Missing Mother in Turkey Watch Video





By this afternoon, Jimenez put out another message saying, "Hey Instacanvas, Thank you for all the support in purchasing Sarai's pictures. Quick update, all expenses for Sarai's funeral have been paid for! From here on out any picture of hers that you purchase will NOT be going towards her funeral. All funds will be going to her children. Thank you for your support. David"


Sierra had been scheduled to arrive home at Newark Liberty International Airport on Jan. 22. When her husband, Steven Sierra, called the airline, he was told his wife never boarded the flight from Istanbul.


Steven Sierra and Jimenez traveled to Istanbul to aid in the search.


An intense two week search for for Sarai Sierra ended when her battered body was found.


An autopsy was completed Sunday, but results aren't expected for three months. Turkish officials however said Sierra was killed by at least one fatal blow to her head.


A casket holding the Staten Island mother was taken to a Istanbul church Monday where it remains as Sierra's family makes arrangements to bring her home.


Turkish police hope DNA samples from 21 people being questioned in the case will be key to finding the perpetrators, state media reported. A motive is not yet clear.


"They're still investigating so they might think it might be a robbery, but they're not sure," said Betsy Jimenez, Sierra's mother, said Monday.


The family also faces the heartbreaking task of telling Sierra's two sons, ages 11 and 9, that their mother is dead.



The boys have been under the impression that their father has gone to Turkey to bring their mother home - alive.


"It's going to be the hardest thing he's ever going to have to do in his life," said Rep. Michael Grimm, (R-NY) who added that the Staten Island family isn't sure when Steven Sierra will be able to bring his wife's body home.


ABC News' Josh Haskell contributed to this report.



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Iran's Ahmadinejad kissed and scolded in Egypt


CAIRO (Reuters) - Mahmoud Ahmadinejad was both kissed and scolded on Tuesday when he began the first visit to Egypt by an Iranian president since Tehran's 1979 Islamic revolution.


The trip was meant to underline a thaw in relations since Egyptians elected an Islamist head of state, President Mohamed Mursi, last June. But it also highlighted deep theological and geopolitical differences.


Mursi, a member of the Sunni Muslim Brotherhood, kissed Ahmadinejad after he landed at Cairo airport and gave him a red carpet reception with military honors. Ahmadinejad beamed as he shook hands with waiting dignitaries.


But the Shi'ite Iranian leader received a stiff rebuke when he met Egypt's leading Sunni Muslim scholar later at Cairo's historic al-Azhar mosque and university.


Sheikh Ahmed al-Tayeb, head of the 1,000-year-old seat of religious learning, urged Iran to refrain from interfering in Gulf Arab states, to recognize Bahrain as a "sisterly Arab nation" and rejected the extension of Shi'ite Muslim influence in Sunni countries, a statement from al-Azhar said.


Visiting Cairo to attend an Islamic summit that begins on Wednesday, Ahmadinejad told a news conference he hoped his trip would be "a new starting point in relations between us".


However, a senior cleric from the Egyptian seminary, Hassan al-Shafai, who appeared alongside him, said the meeting had degenerated into an exchange of theological differences.


"There ensued some misunderstandings on certain issues that could have an effect on the cultural, political and social climate of both countries," Shafai said.


"The issues were such that the grand sheikh saw that the meeting ... did not serve the desired purpose."


The visit would have been unthinkable during the rule of Hosni Mubarak, the military-backed autocrat who preserved Egypt's peace treaty with Israel during his 30 years in power and deepened ties between Cairo and the West.


"The political geography of the region will change if Iran and Egypt take a unified position on the Palestinian question," Ahmadinejad said in an interview with Al Mayadeen, a Beirut-based TV station, on the eve of his trip.


He said he wanted to visit the Gaza Strip, the Palestinian territory which neighbors Egypt to the east and is run by the Islamist movement Hamas. "If they allow it, I would go to Gaza to visit the people," Ahmadinejad said.


Analysts doubt that the historic changes that brought Mursi to power will result in a full restoration of diplomatic ties between states whose relations were broken off after the conclusion of Egypt's peace treaty with Israel in 1979.


OBSTACLES TO FULL TIES


At the airport the two leaders discussed ways of improving relations and resolving the Syrian crisis "without resorting to military intervention", Egyptian state media reported.


Egypt is concerned by Iran's support for Syrian President Bashar al-Assad, who is trying to crush an uprising inspired by the revolt that swept Mubarak from power two years ago. Egypt's overwhelmingly Sunni Muslim population is broadly supportive of the uprising against Assad's Alawite-led administration.


Egyptian Foreign Minister Mohamed Kamel Amr sought to reassure Gulf Arab allies - that are supporting Cairo's battered state finances and are deeply suspicious of Iran - that Egypt would not jeopardize their security.


"The security of the Gulf states is the security of Egypt," he said in remarks reported by the official MENA news agency.


Mursi wants to preserve ties with the United States, the source of $1.3 billion in aid each year to the influential Egyptian military.


"The restoration of full relations with Iran in this period is difficult, despite the warmth in ties ... because of many problems including the Syrian crisis and Cairo's links with the Gulf states, Israel and the United States," said one former Egyptian diplomat.


Iranian Foreign Minister Ali Akbar Salehi said he was optimistic that ties could grow closer.


"We are gradually improving. We have to be a little bit patient. I'm very hopeful about the expansion of the bilateral relationship," he told Reuters. Asked where he saw room for closer ties, he said: "Trade and economics."


Egypt and Iran have taken opposite courses since the late 1970s. Egypt, under Mubarak's predecessor Anwar Sadat, concluded a peace treaty with Israel in 1979 and became a close ally of the United States and Europe. Iran from 1979 turned into a center of opposition to Western influence in the Middle East.


Symbolically, Iran named a street in Tehran after the Islamist who led the 1981 assassination of Sadat.


Egypt gave asylum and a state funeral to Iran's exiled Shah Reza Pahlavi, who was overthrown in the 1979 Iranian revolution. He is buried in a mosque beside Cairo's mediaeval Citadel alongside his ex-brother-in-law, Egypt's last king, Farouk.


(Additional reporting by Ayman Samir, Marwa Awad and Alexander Diadosz; Writing by Paul Taylor and Tom Perry; Editing by Andrew Roche and Robin Pomeroy)



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"Hundreds" of rebels killed, France to leave Mali from March






GAO, Mali: French-led forces have killed hundreds of Islamists in fighting to reclaim northern Mali and with the rebels' last bastion secured, France said Tuesday it will begin withdrawing its troops from March.

Defence Minister Jean-Yves Le Drian said the 26-day military intervention had killed "several hundred" Islamist militants as its air and ground forces chased them from their northern strongholds into remote mountainous terrain in the far northeast, near the Algerian border.

The defence ministry said the Islamists died in French air strikes on vehicles transporting fighters and equipment, and in "direct combat in Konna and Gao", key central and northern towns.

France's sole fatality so far has been a helicopter pilot who was killed at the start of the military operation, while "two or three" soldiers have suffered light injuries, Le Drian said.

Mali said 11 of its troops were killed and 60 wounded after the battle at Konna last month but it has not since released a new death toll.

Le Drian said the Malian army had taken "some prisoners, not many, who will have to answer to Malian courts and to international justice," adding that some of those detained were high-ranking militants.

France expects to begin withdrawing its soldiers from Mali "starting in March, if all goes as planned", French Foreign Minister Laurent Fabius told daily newspaper Metro in an interview to be published Wednesday.

Nearly 4,000 French troops are currently deployed in Mali, and the former colonial ruler is keen to hand over the operation to African troops amid warnings the Islamists could now launch a prolonged insurgency.

The French defence ministry said Kidal -- the last town to fall of those seized by Al Qaeda-linked fighters who occupied northern Mali for 10 months -- was now under the control of French forces and some 1,800 Chadian troops.

The rebels have fled to the Adrar des Ifoghas massif around Kidal, a craggy mountain landscape honeycombed with caves, where they are believed to be holding seven French hostages.

An ethnic Tuareg group formerly allied with the Islamists, the Azawad National Liberation Movement (MNLA), meanwhile said it had retaken Menaka, a town previously claimed by French-led forces.

A Malian security source confirmed the Tuareg group was in the town 80 kilometres (50 miles) from the Niger border, which Nigerien troops had taken from Islamist occupiers but then left as they continued their advance.

Tuaregs working against "terrorists"

The MNLA -- which was originally fighting alongside the Islamists but then fell out with them -- earlier said it was working with France against "terrorists" in the region.

"In the framework of anti-terrorist coordination put in place with French forces", the MNLA will provide intelligence on "top terrorist officials" they have arrested, a spokesman said in Burkina Faso.

The group said it was responsible for the arrest on Sunday of two Islamist leaders, Mohamed Moussa Ag Mohamed, the number three in Ansar Dine (Defenders of the Faith), and Oumeini Ould Baba Akhmed of the Movement for Oneness and Jihad in West Africa (MUJAO).

The MNLA launched a rebellion a year ago fighting for an independent state for the desert nomad Tuareg people, who have long felt marginalised by Mali's government.

But, after being chased from their strongholds by the Islamists, they have voiced a willingness to negotiate since France intervened.

With France eager to shed some of the military burden and 8,000 pledged African troops being deployed at a slow trickle, observers have said Paris is likely examining whether the MNLA is a possible partner.

Le Drian said France had "functional relations" with the group in Kidal but that fighting terrorists alongside them was "not our objective".

"As soon as the MNLA declares -- it seems it is doing so -- that it is not terrorist, or secessionist, and that it wants to be part of the internal dialogue in Mali, it will have a place at the table," he said.

In France, President Francois Hollande urged Europe to fight drug trafficking in west Africa, telling the European Parliament that "terrorism feeds on narcotics trafficking".

Analysts say the groups that seized northern Mali depend on drug trafficking, smuggling and kidnapping to arm themselves.

And in Brussels, global players including the United Nations and African Union met to carve out plans for Mali's future once the 26-day-old offensive draws to an end, urging elections -- which Mali's interim government has promised by July 31 -- and a national dialogue.

-AFP/ac



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Apple's ownership of 'iPhone' name in Brazil in peril



Apple could soon lose its rights to use the iPhone name in Brazil as part of a decision expected from the local patent and trademark office next week.


Citing an unnamed source, both Reuters and Folha de S.Paulo today say The Brazilian Institute of Intellectual Property plans to award an exclusive iPhone name trademark to Brazil-based electronics company Gradiente.


Gradiente filed for the iPhone naming rights in the country years before Apple's device came to be. However the company didn't put out its own iPhone-branded product until last December when it began selling a line of touchscreen smartphones running Google's
Android.


In a release about the new products, Gradiente said it had secured the legal rights to the name through 2018.


An Apple spokesman declined to comment on the reports.


Apple famously wrestled the rights to the iPhone name in the U.S. from Cisco Systems in early 2007, just months before the product's release. Cisco sued Apple for trademark infringement immediately after the iPhone was unveiled at the annual Macworld conference in January that same year. In its complaint, Cisco said Apple had approached the company over the name a number of times, even using a shell company in an attempt to acquire the moniker. The two ended up settling in February 2007.


Internationally the story has been a bit more interesting, including a fight in China over the rights to the "iPad" trademark with a company called Proview. That dispute, which threatened sales of the popular
tablet in the country, was settled last July for $60 million. A similar result is expected in Brazil if the patent office sides with Gradiente, with a report earlier today quoting a company official saying he was "open to a dialogue" of such a deal.


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Crashed bus owner failed one-third of safety inspections

YUCAIPA, Calif. The company linked to a tour bus involved in a deadly crash in Southern California failed more than a third of federal vehicle safety inspections in the last two years.






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Calif. tour bus crash kills at least 8






17 Photos


Tour bus crashes in Calif.





U.S. government records show that buses operated by the firm Scapadas Magicas of National City, Calif., flunked 36 percent of random inspections on their vehicles — in some cases for brake and tire problems.



That's higher than the national average for similar companies — a 21 percent failure rate.



Records also show the company had no crashes in the past two years.



The California company had an overall "satisfactory" rating from the Federal Motor Carrier Safety Administration, but records show three-quarters of similar companies had better safety records.



Lettering on the 1996 bus indicates it was operated by Scapadas Magicas.



At least seven people were killed in Sunday night's crash. More than three dozen people were injured, and at least 17 were still hospitalized, including at least five in critical condition. One is a girl.


Authorities lowered the death count from 8 to 7 on Monday.

The cause of the crash remains under investigation. The National Transportation Safety Board was sending a team to the scene.



CBS Station KCBS reports that the bus, carrying dozens of men, women and children from Tijuana, was on its way back to Mexico Sunday evening after a day in Big Bear when the driver lost control just after 6:30 p.m., about 60 miles east of Los Angeles.



Investigators say the bus flipped and landed on a pickup truck towing a trailer. A black Saturn was also rear-ended.



The crash left State Route 38 littered with body parts and debris, and the bus sideways across both lanes with its windows blown out, front end crushed and part of the roof peeled back like a tin can.



One person in the pickup truck was injured. The fate of the passengers in the car was not clear, but at least two people were in the Saturn, said California Highway Patrol spokesman Mario Lopez.


Investigators will determine if mechanical failure or driver error was to blame. The bus driver, who survived but was injured, told investigators the vehicle had brake problems.

"It appears speed was a factor in this collision," said Lopez.



Crews worked through the night to recover the dead, but one body remained aboard the bus early Monday, said Rocky Shaw, a San Bernardino County coroner's investigator.



Officials hadn't been able to retrieve the body because the front end of the bus was dangling over the edge of the roadside.



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Boy Safe, Kidnapper Dead as Ala. Standoff Ends













A week-long Alabama standoff in which a retired trucker held a 5-year-old boy hostage in an underground bunker has ended with the kidnapper dead and the child safe, according to law enforcement.


"FBI agents safely recovered the child who's been held hostage for nearly a week," FBI Special Agent Steve Richardson said at a news conference.


The agent said negotiations with the suspect, Richard Lee Dykes, "deteriorated" in the past 24 hours.


"Mr. Dykes was observed holding a gun," Richardson said. "At this point, the FBI agents, fearing the child was in imminent danger, entered the bunker and rescued the child."


The boy, identified only as Ethan, "appears physically unharmed" and is being treated at a hospital, authorities said.


Dykes, 65, is dead, but officials have not yet provided details on how he died.






Joe Songer/AL.com/AP Photo











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Police Officials Thank Hostage Taker for Taking Care of Child Watch Video





"Right now, FBI special agent bomb technicians are in the process of clearing the property for improvised explosive devices," the FBI said in a written statement. "When it is safe to do so, our evidence response teams, paired with state and local crime scene technicians, will process the scene."


PHOTOS: Worst Hostage Situations


Dykes allegedly shot and killed a school bus driver last week and threatened to kill all the children on the bus before taking the boy, one of the students on the bus said.


"He said he was going to kill us, going to kill us all," Tarrica Singletary, 14, told ABC News.


Dykes had been holed up in his underground bunker near Midland City, Ala., with the abducted boy for a week as police tried to negotiate with him through a PVC pipe. Police had used the talks to send the child comfort items, including a red Hot Wheels car, coloring books, cheese crackers, potato chips and medicine.


Dykes was a decorated Vietnam vet who grew up in the area. He lived in Florida until two years ago, the AP reported, and has an adult daughter, but the two lost touch years ago, neighbor Michael Creel said. When he returned to Alabama, neighbors say he once beat a dog with a lead pipe and had threatened to shoot children who set foot on his property.



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Syrian opposition chief says offers Assad peaceful exit


BEIRUT (Reuters) - Syrian opposition leader Moaz Alkhatib urged Syrian President Bashar al-Assad's government on Monday to start talks for its departure from power and save the country from greater ruin after almost two years of bloodshed.


Seeking to step up pressure on Assad to respond to his offer of talks - which dismayed some in his own opposition coalition, Alkhatib said he would be ready to meet the president's deputy.


"I ask the regime to send Farouq al-Shara - if it accepts the idea - and we can sit with him," he said, referring to Syria's vice president who has implicitly distanced himself from Assad's crackdown on mass unrest that became an armed revolt.


Speaking after meeting senior Russian, U.S. and Iranian officials, Alkhatib said none of them had an answer to the 22-month-old crisis and Syrians must solve it themselves.


"The issue is now in the state's court...to accept negotiations for departure, with fewer losses," the Syrian National Coalition leader told Al Arabiya television.


The moderate Islamist preacher announced last week he was prepared to talk to Assad's representatives. Although he set several conditions, the move broke a taboo on opposition contacts with Damascus and angered many in its ranks who insist on Assad's departure as a precondition for negotiation.


Alkhatib said it was not "treachery" to seek dialogue to end a conflict in which more than 60,000 people have been killed, 700,000 have been driven from their country and millions more are homeless and hungry.


"The regime must take a clear stand (on dialogue) and we say we will extend our hand for the interest of people and to help the regime leave peacefully," he said in separate comments to Al Jazeera television.


Assad announced last month what he said were plans for reconciliation talks to end the violence but - in a speech described by U.N. Syria envoy Lakhdar Brahimi as narrow and uncompromising - he said there would be no dialogue with people he called traitors or "puppets made by the West".


Syria's defense minister said the army had proved it would not be defeated in its confrontation with rebels but declined to say whether it would respond to an Israeli air strike last week.


Security sources said the Israelis bombed a convoy of arms destined for Assad's ally Hezbollah, a sworn enemy of Israel, in neighboring Lebanon. Syria said the attack struck vehicles and buildings at a military research center near Lebanon's border.


Syria's uprising erupted in March 2011 with largely peaceful protests, escalating into a civil war pitting mainly Sunni Muslim rebels against Assad, who is from Syria's Alawite minority. His family has ruled Syria for 42 years.


ANGER AT IRAN


The violence has divided major powers, with Russia and China blocking U.N. Security Council draft resolutions backed by the United States, European Union and Sunni Muslim Gulf Arab states that could have led to U.N. sanctions isolating Assad. Shi'ite Iran has remained his strongest regional supporter.


Alkhatib met Iranian Foreign Minister Ali Akbar Salehi, Russian Foreign Minister Sergei Lavrov and U.S. Vice President Joe Biden at a security conference in Germany at the weekend.


"Iran's stance is unacceptable and I mentioned to the foreign minister that we are very angry with Iran's support for the regime," Alkhatib said.


He said he asked Salehi to pass on his offer of negotiations - based on the acceptance of the Assad government's departure - to Damascus. The two men also discussed the need to prevent Syria's crisis spreading into a regional conflict between Sunni and Shi'ite Muslims, he said.


"We will find a solution, there are many keys. If the regime wants to solve (the crisis), it can take part in it. If it wants to get out and get the people out of this crisis, we will all work together for the interest of the people and the departure of the regime."


One proposal under discussion was the formation of a transitional government, Alkhatib said, without specifying how he thought that could come about. World powers agreed a similar formula seven months ago but then disagreed over whether that could allow Assad to stay on as head of state.


Activists reported clashes between the army and rebel fighters to the east of Damascus on Monday and heavy shelling of rebel-held areas of the central city of Homs. The Jobar neighborhood, on the southwestern edge of Homs, was hit by more than 100 rockets on Monday morning, an opposition activist said.


The Syrian Observatory for Human Rights said at least 90 people were killed by dusk on Monday.


It said 180 people were killed across the country on Sunday, including 114 rebel fighters and soldiers. Sunday's death toll included 28 people killed in the bombardment of a building in the Ansari district of the northern city of Aleppo.


Assad has described the rebels as foreign-backed Islamist terrorists and said a precondition for any solution is that Turkey and Sunni-ruled Gulf Arab states stop funding, sheltering and arming his foes.


The majority of the insurgents are Islamists but those affiliated with al Qaeda are smaller in number, although their influence is growing. For that reason, Western states have been loath to arm the rebels despite their calls for Assad's ouster.


Rebels and activists say that Iran and the Lebanese Shi'ite militant movement Hezbollah have sent fighters to reinforce Assad's army - an accusation that both deny.


ECONOMIC SUPPORT


"The army of Syria is big enough, they do not need fighters from outside," Iran's Salehi said in Berlin on Monday.


"We are giving them economic support, we are sending gasoline, we are sending wheat. We are trying to send electricity to them through Iraq; we have not been successful."


Iranian President Mahmoud Ahmadinejad said later on Monday that Syria's crisis could not be solved by military means and he called for a national accord leading to elections.


"War is not the solution...A government that rules through war - its work will be very difficult. A sectarian war should not be launched in Syria," he told Al Mayadeen television.


"We believe that (deciding) whoever stays or goes is the right of the Syrian people. How can we interfere in that? We must strive to achieve national understanding, and free elections."


Another Iranian official, speaking in Damascus after talks with Assad, said Israel would regret an air strike against Syria last week, without spelling out whether Iran or its ally planned a military response.


Salehi, Russian Foreign Minister Sergei Lavrov and U.S. Vice President Joe Biden all met Alkhatib in Munich at the weekend and portrayed his willingness to talk with Syrian authorities as a major step towards resolving the war.


But Alkhatib is under pressure from other members of the exiled leadership in Cairo for saying he would be willing to talk to Assad. Walid al-Bunni, a member of the Coalition's 12-member politburo, dismissed Alkhatib's meeting with Salehi.


"It was unsuccessful. The Iranians are unprepared to do anything that could help the causes of the Syrian Revolution," Bunni, a former political prisoner, told Reuters from Budapest.


(Additional reporting by Yeganeh Torbati in Dubai and Stephen Brown in Berlin; Editing by Mark Heinrich)



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IMF, Afghanistan agree path to fresh aid






WASHINGTON: The IMF said Monday it had reached agreement with Afghanistan on the reform path needed to unlock the next aid instalment for the war-ravaged country.

The International Monetary Fund granted Afghanistan a US$133.6 million line of credit in November 2011 to help the country through the withdrawal of foreign military forces in 2014.

But to date the IMF has only disbursed two instalments of about US$18 million each.

Following a two-week mission in Afghanistan, an IMF team reached "understandings" with the Afghan authorities on a reform path to allow fresh aid to be disbursed, the IMF said in a statement.

The disbursement is contingent upon "the implementation of key structural benchmarks for submission of laws to parliament and strengthening banks' capital," the IMF said.

It said the Afghan authorities had agreed on the need to tighten monetary policy, in part to protect the country's international reserves position.

The authorities also saw the need to increase revenues by strengthening customs measures and prepare to implement a value-added tax (VAT) in 2014, the IMF said.

According to the global lender, the Afghan authorities reiterated their commitment to complete "quickly" the winding down of former private bank Kabul Bank, the centre of a scandal that had delayed the original IMF loan for a year.

The bank, once Afghanistan's largest, had to be taken over by the central bank in late 2010 amid accusations that powerful former executives siphoned off more than US$900 million, some of which was used to buy luxury properties in Dubai.

"The economic outlook for Afghanistan is broadly positive," the IMF said, adding that growth and inflation were better than expected in 2012.

The mission will prepare a report for the IMF executive board "following the implementation of the remaining key structural benchmarks," it said.

The board, which represents the Fund's 188 members, decides approval of aid disbursements.

- AFP/jc



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Canadian penny bites the dust. Is the nickel next?



An obsolete coin for your thoughts: Google.ca paid tribute to the Canadian penny, which was first struck in 1858.



(Credit:
Google)



We Canadians love innovating our money. We're printing plastic banknotes and chucking out useless coins.


Last March I said I wouldn't mourn the passing of the Canadian penny.


And yet today, as the Royal Canadian Mint officially stopped distributing the cent to banks, I have mixed feelings. I saw the Google.ca animated doodle honoring the coin and felt a tad nostalgic.


So I fished out a few pennies from my pockets and considered the brazen image of Queen Elizabeth and the maple leaf.




There's something a little Dickensian in these worn coppers. The oldest on my desk is from 1977. The surface is dull and the queen looks a lot younger.




That coin passed through many hands only to wind up in mine. It's got a real-world history that makes it special.


Electronic money, and e-books for that matter, don't have that historicity, that unique physical existence through time.


While I'm glad to see the penny go, I also feel like I'm losing a tiny link to my fellow human beings of which I wasn't really aware. Not to mention all those folksy idioms like "the penny drops."


For those who get dewy-eyed over its demise, the mint is offering 20,000 commemorative 50-cent rolls of the last million pennies that were manufactured.


Meanwhile, 99-cent sales could go out of fashion since prices for cash sales are being rounded to the nearest nickel. Prices that end in 1 or 2 are rounded down to zero, those ending in 3, 4, 6, or 7 are rounded to 5, and those ending in 8 or 9 are rounded up to 10.


The mint was spending 1.6 cents on every penny it made until production ended last May; axing the coin is expected to save some $11 million. Canada follows New Zealand and Australia in stopping production of the penny.


While the billions of Canadian pennies still in circulation will be legal tender indefinitely, some are calling for the nickel to go too, though there has been some pushback with that idea.


"It shouldn't be as tough as a slog now because the case has been made that life as we know it isn't going to end if we eliminate the lowly penny," NDP member of Parliament Pat Martin was quoted as saying in The National Post.


Life hasn't ended, but I feel for all those penny pinchers out there.


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