NEWS

The Dirty Picture is banned in Pakistan



In July this year, Delhi Belly starring Imran Khan was banned in Pakistan because of explicit language and now The Dirty Picture starring Vidya Balan, Emraan Hashmi, Tusshar Kapoor & Naseruddin Shah which is releasing on 2nd December 2011 has been banned by Pakistani Censor Board.
The Dirty Picture is a story of a girl who becomes Sensation & Heartthrob of everyone from the junior artist. She takes wrong steps to become a big artist which brings down fall in her career and how she commits suicide.
The reason for this was cited that the Board felt The Dirty Picture was inappropriate for viewership in Pakistan due to its bold and controversial content.


British workers strike over retirement benefits


Mass strikes swept across the United Kingdom Wednesday, with public sector workers walking off jobs in schools, hospitals and police stations to protest proposed pension reforms.
The government said the majority of key public services remained open, however, although more than half of the country's schools were closed, affecting many families.
The unions said up to 2 million public sector workers could go on strike but early indications suggested the total might be fewer.
The proposed pension reforms have prompted wide anger among public sector workers, many of whom say they are bearing the brunt of austerity measures imposed to try to rein in Britain's deficit.
But Cabinet Minster Francis Maude played down the impact of the industrial action Wednesday evening, saying: "Despite the best efforts of union bosses the United Kingdom remains open for business."
Those traveling to Britain had experienced minimal disruption to their journeys as a result of border control staff striking, he said.
Some 146,000 civil servants joined the action, less than a third of the total, Maude said. The number on strike in the National Health Service was also lower than anticipated he said, at about 79,000, or 14.5% of the workforce.
About a third of local government staff in England and Wales did not show up to work, amounting to about 670,000 out of a workforce of 2.1 million, he said.
Good planning had limited the impact of the strike significantly, he said, adding: "Today's strike was inappropriate, untimely and irresponsible, especially while talks are continuing. Responsibility for any disruption today lies squarely with union leaders."
Prime Minister David Cameron earlier dismissed the industrial action as a "damp squib" -- a fizzled firecracker -- as he answered questions in Parliament.
"These strikes are wrong at a time when negotiations are going on," he said.
Unite, the country's biggest trade union, said strikes and marches were taking place in cities across the country.
London's Metropolitan Police reported 75 arrests connected to strike protests, about half of them in the east of the capital.
Dozens of Occupy London protesters stormed the offices of a mining company, Xstrata, in central London, saying the action was "in support of all those striking for fair pensions for all today." In a statement, they pointed the finger at corporate greed, saying a few are profiting while ordinary workers suffer.
About 20 Occupy protesters made it to the roof of the building, where they unfurled a banner on the side reading, "Power to the People." The Metropolitan Police said 21 arrests had been made at the site but that the incident was not related to the capital's pensions march and rally, "which passed off peacefully."
The Conservative Party, which governs in a coalition, is committed to a major austerity program of tax hikes and spending cuts, against a backdrop of rising unemployment, falling household income and a large public debt.
Chancellor George Osborne, the British finance minister, downgraded Britain's growth forecast Tuesday, saying that while it had regained stability after the financial crisis, it had been "hit by a series of shocks which have significantly weakened the economic and fiscal outlook."
And Cameron insisted the proposed pension reforms are necessary. "We have a responsibility to deliver an affordable public sector pension system," he said in Parliament Wednesday.
"We believe public sector pensions should be generous but as people live longer it's only right and only fair that you should make greater contributions."
Cameron criticized the opposition Labour Party over its attitude toward the strike, charging that Labour leader Ed Miliband "is in the pocket of the union leaders" and so cannot recognize a "very generous offer" to public sector workers.
Miliband said he had huge sympathy for those who had walked out because the government had put them in an "impossible position" by failing to negotiate properly.
Union leaders say it is unfair to expect public sector workers to pay more into their pensions, work longer and accept worse terms for their pensions.
Brendan Barber, general secretary of the Trades Union Congress, said the unions were "sending a crystal clear message to the government that we are strong, that we are united, and that our campaign will go on until we secure justice and fairness for every public servant."
No one takes industrial action lightly, he said, "but when unfairness is piled on injustice you are right to take a stand and I am proud to stand with every single one of you."
Chaos was predicted at Heathrow airport near London, one of the world's busiest international airports, but as of Wednesday evening operations were normal, the government said.
BAA, the company that operates Heathrow, said lines at immigration counters were moving smoothly thanks to contingency planning to mitigate the effect of strike action by border control staff.
British Airways said it had not canceled any of its own flights, although a few code-sharing flights were called off. BAA could not say how many flights were being canceled. Gatwick airport was reported to be operating normally.
The Unison union said it expected its 400,000 National Health Service workers -- including nurses, paramedics, cleaners, cooks and patient transport -- to strike Wednesday, except for emergency workers.
The union said it did not expect emergency services to be affected, but some routine operations and clinics were canceled.
The Home Office said "robust arrangements" were in place at airports and points of entry to compensate for the strike, with managers, contractors and foreign staff trained up to fill the gap.
The strike action came a day after Osborne, the Chancellor, announced a pay raise cap of 1% for public sector workers for two years after the current pay freeze ends, as he lowered growth forecasts in an assessment of the economy.
His report blamed higher-than-expected inflation, the uncertainty created by the crisis in the eurozone and the impact of the 2008-2009 financial crisis, the full scale of which is now clearer.
The Labour Party argues that the poor growth is a result of the government's spending cuts and tax hikes, which it says have squeezed the recovery too har

  World powers lean on Syria amid unrest



World pressure on the Syrian regime escalated Wednesday as Turkey announced tough economic sanctions and a leading U.N. body announced a Friday meeting on the human rights situation.
The Organization of Islamic Cooperation, a worldwide alliance of Muslim nations, met on Wednesday in Saudi Arabia to discuss the bloodshed in Syria, whose government has been widely condemned for its fierce crackdown against protesters.
"Collective punishment methods, besieging cities, bombing mosques, using excessive violence against peaceful demonstrators and killing tens of people every day pointing weapons to their own people with army units following armed gangs such as shabiha are the manifestations of the Syrian administration's lack of understanding of legitimacy," said Turkish Foreign Minister Ahmet Davutoglu, who announced a series of sanctions against Syria.
Turkey plans to stop selling and providing weaponry to the Syrian army. It also will prevent the transfer of munitions from third countries to Syria via Turkey, Davutoglu said.
The government is halting transactions with Syria's Central Bank and freezing Syrian government financial possessions in Turkey. It is suspending a credit agreement to finance infrastructure projects in Syria and credit relations with the Syria government.
Turkey will impose a travel ban on some members of the Syrian leadership and freeze their possessions, as well. A similar ban will be imposed on some Syrian businessmen in a position to support the Bashar al-Assad regime.
Turkey has been one of Syria's largest trading partners and once had close ties to the Syrian regime. But the Turkish government has been vocal in condemning the al-Assad government's assault on protesters.
A U.S. official commended Turkey, saying the "leadership shown by Turkey in response to the brutality and violation of the fundamental rights of the Syrian people will isolate the Assad regime and send a strong message to Assad and his circle that their actions are unacceptable and will not be tolerated."
"The measures announced by the Turkish government today will undoubtedly increase the pressure on the Syrian regime, and we continue to call on other governments to join the chorus of condemnation and pressure against the Assad regime so that the peaceful and democratic aspirations of the Syrian people can be realized. President Obama has coordinated closely with Prime Minister (Recep Tayyip) Erdogan throughout the crisis in Syria and will continue to do so going forward," National Security Council spokesman Tommy Vietor said.
Earlier this month, the United Nations said well over 3,500 people have died during the unrest. Human rights groups have reported many deaths since then. Syria's government has consistently blamed armed gangs for the violence and said security forces are protecting the people.
At least 19 people were killed in Syria on Wednesday, according to the Local Coordination Committees of Syria, an activist group. Ten died in Idlib in the northwest, seven in Homs and two in Hama, both in the west. Two woman and two children were among those killed. Injuries also were reported in Homs and Idlib.
CNN is unable to independently confirm events occurring inside Syria because the government does not allow journalists free access to the country.
The U.N. Human Rights Council on Friday announced a special session on the Syrian human rights situation. The meeting, to be held in Geneva, was sought by the European Union.
The announcement follows the release of a report Monday by the Independent International Commission of Inquiry on Syria. That panel said Syria's military and security forces have committed crimes against humanity during their crackdown on protesters, and it urged the government to end human rights violations and bring justice to those who've committed such crimes.
Poland and the European Union asked for a special session of the council. Poland submitted a draft resolution that condemned "widespread, systematic and gross violations of human rights" and called for bringing "alleged perpetrators" to justice.
The draft recommends that U.N. member states and regional organizations, such as the Arab League, "support efforts to protect the population of the Syrian Arab Republic and to bring an immediate end to gross human rights violations."
The Organization of Islamic Cooperation met in the Saudi city of Jeddah, and the group exhorted Syria to make change.
Akmal Al-Din Ihsan Oghloo, the secretary-general of the Organization of the Islamic Cooperation, told reporters the alliance welcomed Arab League efforts "to reach a solution to the crisis in Syria and has called on Syria to positively respond to the decisions of the Arab League."
"The executive committee asked Syrian authorities to stop breaching human rights and to allow Islamic and International human rights organizations to enter Syria," Oghloo said.
Foreign ministers from 19 Arab League countries this week voted to slap economic sanctions on the Syrian regime, including cutting ties with the nation's central bank, banning high-profile officials from visiting Arab countries and freezing government assets.
Iraq and Lebanon abstained from the voting, officials said.
Syria accused the Arab League of trying to escalate the situation to a broader international level rather than following agreements reached with Syrian officials.
Arab League Secretary-General Nabil el-Araby said a committee examining how to implement the sanctions will focus on protecting civilians while targeting the government.
The United States and the European Union have also imposed sanctions on Syria.
The Syrian government crackdown began in mid-March, when peaceful protests in the southern city of Daraa were met with violent suppression. In the following months, protests have continued across the country, with protesters demanding al-Assad's ouster and democratic elections.
 
Ex-Blair aide blasts press in ethics probe


British newspapers print "complete nonsense" in support of agendas set by their owners, former Tony Blair spokesman Alastair Campbell said Wednesday.

British newspapers print "complete nonsense" in support of agendas set by their owners, former Tony Blair spokesman Alastair Campbell said Wednesday.
"The impact of the story is deemed to be far more important than the accuracy," he said.
Campbell blamed "an obsession with celebrity, a culture of negativity, and amorality among some of the industry's leaders" for driving a "downmarket trend" in the industry.
"Speed now comes ahead of accuracy, impact comes ahead of fairness, and in parts of the press anything goes to get the story first," the former journalist turned spin doctor said.
And self-regulation by the press has "failed," because chairmen of the Press Complaints Commission have been "political fixers operating in the interests of the press, not the public."
He was testifying at the Leveson Inquiry, a wide-ranging British government-backed inquiry into press ethics and practices in the country.
Shortly before he was due to begin testifying, police arrested a 31-year-old woman in connection with their own investigation into phone hacking, they announced.
The woman, who was not named, is the 15th person arrested in connection with the phone-hacking probe, which police are running separately from the Leveson Inquiry. They are also looking into computer hacking and bribery of police by journalists.
The inquiry was prompted by widespread public outrage at the revelation that the Rupert Murdoch-owned tabloid News of the World had hacked into the voice mail of a murdered 13-year-old girl.
Murdoch's son James, the chief executive of the News Corporation subsidiary that published the now-defunct tabloid, has repeatedly denied knowing about the scale of illegal eavesdropping at his papers.
But a former News of the World journalist testified Tuesday that the editors of the tabloid knew that their reporters were hacking phones in search of stories.
Paul McMullan named Andy Coulson, who went on to become an adviser to British Prime Minister David Cameron, and Rebekah Brooks, a Murdoch protege, as editors who were aware of the practice.
Coulson resigned as editor of the tabloid in 2007 when one of his reporters went to prison for hacking the voice mails of Prince William's staff, and he later became Cameron's communications director.
Coulson has always denied knowing about phone hacking, saying he quit the paper because he was ultimately responsible for the actions of his staff.
The Leveson Inquiry has been hearing from high-profile figures for more than a week.
McMullan said phone hacking was widespread at the tabloid and described being caught out himself while trying to hack David Beckham's phone.
The soccer star shocked him by answering the phone before McMullan could dial the code to access his voice mail, forcing the journalist to hang up quickly, he said.
He argued that the public was complicit in the country's tabloid culture, saying newspapers publish stories about stars because "there is a taste for it, there is a market for it."
Celebrities also use the tabloid press to increase their exposure, he said, describing how model Katie Price, better known as Jordan, gave him the finger through a window.
He snapped a picture of her, thinking, "Thanks, love," and sold it for 2,000 pounds ($3,100).
"She knew exactly what she was doing," he said.
He also defended the tabloids' methods as part of a free society, saying he would not want to live in a country where only the secret services were able to hack phones.
Police investigating phone hacking by journalists say that about 5,800 people, including celebrities, crime victims, politicians and members of the royal family, were targets of the practice by journalists in search of stories.
It involves illegally eavesdropping on voice mail by entering a PIN to access messages remotely.
  Pakistan to shun Afghan conference



Afghanistan's president asked Pakistan to reconsider its decision on Tuesday to boycott an upcoming conference on the future of Afghanistan.
The conference is being billed as a chance to start a reconciliation process in Afghanistan. But Pakistan's Cabinet unanimously decided not to attend the Monday conference in Bonn, Germany, because of the NATO killing last week of two dozen of its troops.
"Such incidents are the result of the current insecurity in the region, thus making it even more compelling for both the countries to take joint actions so the region can be safe against such incidents," Afghan President Hamid Karzai's office said, citing his comments in a call on Tuesday to Pakistani Prime Minister Yousuf Raza Gilani
Karzai urged the country to change its decision and send its foreign minister to the conference, Karzai's office said. But Gilani didn't comment "on his country's non-representation in the Bonn Conference," Karzai's office said.
A press release from Gilani's office conveyed the prime minister's misgivings about Pakistan's political influence in light of cross-border attacks. Gilani's office also cited Karzai as saying "Pakistan's absence ... would not be helpful to the efforts aimed at bringing about peace in Afghanistan."
Pakistan has been a vital land supply route into Afghanistan for the United States and its allies, and a key partner in the battle against al Qaeda and its aligned jihadist movements.
But Afghanistan and Pakistan long have been trading accusations in the past few months. Pakistan has accused the Afghans of harboring militants. Afghanistan has said Pakistan has backed insurgents who've staged attacks against its forces. Ashraf Ghani, a senior Karzai adviser, has even broached the possibility that Afghanistan and Pakistan may be on a course toward military conflict.
CNN national security analyst Peter Bergen called Pakistan's decision to boycott the conference "quite significant."
"Without Pakistan there can't be a real settlement in Afghanistan. After all, almost all the Taliban leaders are living in Pakistan and only Pakistan can put the pressure on them to come to the negotiating table," Bergen said.
U.S. Secretary of State Hillary Clinton, Russian Foreign Minister Sergey Lavrov, French Foreign Minister Alain Juppe, British Foreign Secretary William Hague and U.N. Secretary-General Ban Ki-moon are among 65 foreign ministers and heads of international organizations expected to participate.
The Pakistani Cabinet "reaffirmed Pakistan's support for stability and peace in Afghanistan and the importance of an Afghan-led, Afghan-owned process of reconciliation and expressed the hope that the international community will reaffirm its support for peace and development in Afghanistan at the forthcoming Bonn Conference," Pakistan's Foreign Ministry said.
"Pakistan looks forward to the success of this conference, but in view of the developments and prevailing circumstances has decided not to participate in the conference."
A German Foreign Ministry spokesman said the cancellation, which has not been officially conveyed yet, is a shame and clearly a setback in the quest for regional stability,
It's not clear if the Pakistani government will reconsider its boycott decision if conditions change. The German Foreign Ministry spokesman said his country "will do all it can to integrate Pakistan into the efforts to create stability in the region."
Gilani told CNN in an exclusive interview Monday that Pakistan is re-evaluating its relationship with the United States in light of the airstrike.
The incident, which NATO called a "tragic unintended" event, compelled Pakistani authorities to turn back 300 trucks carrying NATO supplies and fuel into Afghanistan on Monday.
The Cabinet "noted with satisfaction" on Tuesday the closing of supply lines and a request for the United States to vacate the Shamsi Air Base.
Gilani said the country wants to maintain its relationship with the United States so long as there is mutual respect and respect for Pakistani sovereignty. Asked directly if Pakistan is getting that respect, Gilani said on Monday: "At the moment (it is) not."
"If I can't protect the sovereignty of my country, how can we say that this is mutual respect and mutual interest?" he asked.
In his CNN interview, Gilani highlighted incidents such as the killing of the Pakistani troops and a U.S. raid into Pakistan to kill al Qaeda leader Osama bin Laden as violations of his country's sovereignty.
Gilani asked Karzai on Tuesday how a country "whose own sovereignty and territorial integrity was violated from the Afghan soil, could play a constructive role," the prime minister's office said in a press release.
Noting cross-border attacks in which security personnel were killed in Pakistan, Gilani said that "the recurrence of such incidents would definitely narrow down the political space for the government where the country's own sovereignty was at stake," the release said.
The Cabinet also endorsed the decision of the Defense Committee of the Cabinet "to review Pakistan's cooperation with the US/NATO/ISAF and regretted that despite Pakistan's continued efforts to play a positive role for stability and peace in countering terrorism and militancy in the region, the sacrifices of the nation have not been recognized."
The Cabinet urged "the international community to take due cognizance of such attacks which constitute a violation of the U.N. Charter principles, international law and could have serious repercussions for regional peace and security. It was imperative that all sides realize the gravity of the situation and exercise utmost restraint."
Details of Saturday's deadly raid remained unclear, and the chief of U.S. forces in the region named an Air Force general from the military's Special Operations Command to lead an investigation. Gen. James Mattis ordered the investigating officer, Brig. Gen. Stephen Clark, to report back to him by December 23.
The probe is focusing on what coordination failures occurred before the airstrike, according to two senior U.S. officials with direct knowledge of initial reporting on the incident.
The Pakistani Taliban urged Pakistan to respond in kind to the airstrike.
The Bonn meeting, hosted by Karzai, comes 10 years after the first such conference, also held in Bonn, according to the German government.
More than 1,000 people in about 100 delegations will participate, a government itinerary says.
German officials will meet with their Afghan counterparts Thursday and Friday before the conference formally begins. A forum on civil society will be held Saturday. Foreign ministers from Central Asia and Afghanistan will discuss regional cooperation on Sunday
 Britain evacuates all embassy staff after Iran protesters storm compounds


 Britain has closed its embassy in Iran and evacuated all its staff from that country following the attack on the embassy compound in Tehran Tuesday, British Foreign Secretary William Hague said Wednesday.
Iran has also been ordered to close its embassy in London immediately, with its staff given 48 hours to leave, Hague said in a strongly worded statement to the UK Parliament.
Protesters stormed Britain's embassy and a separate compound Tuesday in Iran's capital, sparking outrage in the United Kingdom. The buildings should have been guarded by Iranian security officers.
Some demonstrators proceeded to vandalize and loot the homes of staff and the ambassador's residence, destroy furniture, steal their property and set fire to the main embassy office building, Hague said.
"This is a breach of international responsibilities of which any nation should be ashamed," Hague said.
While relations between Britain and Iran have been strained in recent times, he said, "We should be absolutely clear that no difficulty in relations can ever excuse in any way or under any circumstances the failure to protect diplomatic staff and diplomatic premises.
"Iran is a country where opposition leaders are under house arrest, more than 500 people have been executed so far this year and where genuine protest is ruthlessly stamped on.
"The idea that the Iranian authorities could not have protected our embassy or that this assault could have taken place without some degree of regime consent is fanciful."
The majority of about 200 demonstrators who overran the city center embassy compound were members of a student Basij militia organization, he said, which is "controlled by elements of the Iranian regime."
Hague thanked those European and Arab nations that offered assistance to British Embassy staff following the incident. British citizens still in Iran will be supported by other EU missions there, he said.
The United Nations Security Council, the United States, Germany, Poland, Russia and France have all expressed their concern over the incursion, which went against international law, he said.
Alistair Burt, British under-secretary of state at the Foreign Office, also accused Iran's government of being involved in the embassy incident on Wednesday, calling it a deliberate provocation.
"The people who were involved are known to have connections with elements of the regime," Burt told CNN.
He noted, "Iran is a divided, conflicted leadership ... It is clear that not all parts of leadership were involved. But nothing like that happens in Tehran without leadership being involved in some way." The attacks happened in "two separate places, simultaneously," Burt said.
Protesters who raided the British Embassy and the other British compound were demanding that the British ambassador be sent home immediately.
The incident has worried some other nations with diplomatic staff in Tehran.
The Netherlands became the latest European nation to recall its ambassador to Iran for consultations late Wednesday, following the lead of France and Germany.
The French Foreign Ministry said it was recalling its Tehran envoy, "given this blatant and unacceptable violation of the Vienna Convention on Diplomatic Relations and the severity of the violence."
The Iranian charge d'affaires in Paris has been called upon "to reiterate France's condemnation and to remind the Iranian authorities of their obligations," the ministry said in a statement.
Norway is closing its embassy there temporarily "because of a general assessment of the security situation in Iran," Foreign Ministry spokeswoman Hilde Steinfeld said earlier Wednesday. A statement said the embassy would reopen Thursday.
Ireland's Foreign Office urged Iran to reconsider its decision to expel the British ambassador to Tehran and said it should bring those responsible for the embassy incursion to justice.
If this does not happen, it said, "there are likely to be serious consequences for Iran's relations with the EU and the wider international community."
The EU Foreign Affairs Council will address the matter on Thursday, said Bernard Valero, spokesman for the French Foreign Ministry.
Tuesday's demonstration in Tehran followed an Iranian Parliament vote Sunday to expel the British ambassador and reduce diplomatic relations with the United Kingdom in retaliation for its new sanctions against Iran, according to IRNA, the country's official news agency.
The rally began quietly outside the embassy, but some participants stormed the building, breaking down the door. Among other things, they replaced the British flag with an Iranian one.
Speaker Ali Larijani was quoted on the Iranian Parliament's official website as saying that while Iranians should act legally, the decision to expel the British envoy was a response to Britain's own behavior.
"The gathering of the Iranian people in front of the British embassy was a reflection of the nation's public opinion caused by British actions," he said, according to the website.
Alaedin Boroujerdi, the lawmaker who introduced the expulsion bill, told the semi-official Fars News Agency on Wednesday that while Iran is glad to see the last of the British diplomats, "The consequences of closing down Iran's embassy in the UK will be London's responsibility."
Britain cut all financial ties with Iran last week over concerns about its nuclear program, the first time it has cut an entire country's banking sector off from British finance.
Iran's Foreign Ministry expressed its regret for the student protest, saying on its website that it had "turned into an out of control demonstration." The ministry said it would "take action through legal channels" against those who stormed the embassy building.
"A number of" protesters who broke into both places have been arrested, IRNA said, quoting the nation's deputy commander of security forces.
Hague warned Tuesday of "serious consequences" for the raids.
British Prime Minister David Cameron described the incursion as "outrageous and indefensible" and demanded that Iran immediately ensure the safety of all British Embassy personnel.
Iranian security forces are responsible for guarding the embassy under international law, he said.
"The failure of the Iranian government to defend British staff and property was a disgrace," the prime minister said.
"The Iranian government must recognize that there will be serious consequences for failing to protect our staff," Cameron said. "We will consider what these measures should be in the coming days."
Last week's sanctions ordered British credit and financial institutions to end their business relationships and transactions with all Iranian banks, their branches and subsidiaries.
The move came after an International Atomic Energy Agency report highlighted new concerns about "the possible military dimensions of Iran's nuclear program," the British Treasury statement said last week.
Iran insists its nuclear program is peaceful and has called the U.N. watchdog's report "unbalanced" and "politically motivated."


U.S., UK investors slash euro zone debt



LONDON: U.S. and British institutional investors walked away from euro zone bonds during November as fears for the future of the currency bloc grew, Reuters asset allocation polls showed on Wednesday.
The surveys of 59 leading investment houses in the United States, Europe ex UK, Britain and Japan also showed an increase in exposure to stocks, mainly as a result of demand for emerging market equities.
Suggesting caution still reigns, however, cash holdings rose to 6.4 percent from 5.9 percent and were at their highest for the year.
Overall, the polls showed a model mixed-asset portfolio held an average of 50.6 percent of assets in equities, up from 49.5 percent in October. Bonds fell to 35.3 percent from 35.9 percent.
One key move in the allocations was the withdrawal of U.S. and UK investors -- the so-called Anglo-Saxons -- from crisis-hit euro zone debt.
"The political and policy paralysis at the heart of Europe has raised the specter of a global recession, and greater uncertainty and volatility for asset markets," said Neil Michael, executive director of investment strategies at London & Capital.
Globally, the bonds allocation to the euro zone fell to 26.9 percent from 27.4 percent. But this masked a much greater U.S. and UK retreat.
U.S. investors moved to 17.6 percent from 19.1 percent and British counterparts sliced their exposure to just 8.9 percent from a previous 11.9 percent.
European and Japanese investors raised their exposure to euro zone debt slightly, but not in a way that could be considered a sign the crisis was ending.
"The greatest risk we perceive today remains the tail risk on the (euro) area. The contagion to core countries like France has not stopped yet," said Nadege Dufosse, senior asset allocation manager at Dexia Asset Management. (Reuters)



 MOSCOW: After Pakistan, it is now Russia which seems inclined to go tough against Nato supplies, Geo News reported Wednesday.

Pakistan adopted a tough stance and cut Nato supply line after a Nato strike in Mohmand Agency which killed its 24 military officials and troops.

Russian ambassador to Nato, Dmitry Rogozin has issued a warning to the US that it would be forced to block the Nato supply line if it failed to address Russia's concerns over US program to install missile defence shields in Europe.

.