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reza بازدید : 12 یکشنبه 12 آذر 1391 نظرات (0)


Jobless Rate Hits Record High:
Europe's 'Lost Generation'


LONDON (AP) — Another month, another record unemployment rate for the economy of the 17 European Union countries that use the euro.
Figures released Friday by Eurostat, the EU's statistics office, showed that the recession in the eurozone pushed unemployment up in the currency bloc to 11.7% in October, the highest level since the introduction of the euro in 1999.
The rise from September's previous record of 11.6% was anticipated after the eurozone returned to recession in the third quarter, commonly defined as two consecutive quarters of negative growth.
Eurostat found that 18.7 million people were out of work across the eurozone, an increase of 173,000 on the previous month and 2.2 million higher than the year before. The wider 27-nation EU that includes non-euro countries such as Britain and Poland had an unemployment rate of 10.7% in October and a total of 25.9 million out of work.
"The level of unemployment in Europe remains unacceptably high," said Jonathan Todd, a spokesman for the European Commission, the EU's executive arm.
Spain and Greece have the region's highest unemployment rates — both over 25%, with youth unemployment levels heading toward 60%, a figure that could have a long-term economic and political impact.
"Talk of a 'lost generation' of young people now looks like an alarming possibility," said Andrea Broughton, principal research fellow at the Institute for Employment Studies.
Both countries are in recession and struggling to convince investors, as well as their own people, that they can control their economies. Both, along with a number of other European countries, have introduced tough austerity measures, such as cutting spending and raising taxes, in order to get a handle on their debts.
However, measures such as reducing wages and pensions hit the labor force in the pocket and lower demand in the economy.
Many economists think unemployment in many countries will carry on rising for months to come, certainly as long as the economies remain in recession.
Marie Diron, a senior economic adviser at Ernst & Young, forecasts unemployment will rise through 2013 and peak at a little under 20 million in the last quarter of the year. She laid out the hope that by then, those companies that have become "leaner and fitter" could fuel growth and start hiring again.
"But before we reach that stage, there is unfortunately more pain to go through with high social costs," Diron said.
At present, the five euro countries at the forefront of the debt crisis — Greece, Spain, Italy, Cyprus and Portugal — are in recession. Others could well join them in the months to come.
The currency bloc's powerhouse economies, such as Germany and France, have also seen growth levels fall in the last year and that's increased pressure on businesses to cut costs. Industrial conglomerate Siemens AG, for example, announced Friday it would cut another 4,700 jobs, though not all in Germany.
Germany's unemployment rate in October was unchanged at' 5.4%. France's was steady too, albeit at nearly double Germany's at 10.7%.
Separately, households got some good news in Eurostat figures showing the annual inflation rate in the eurozone fell by more than anticipated to a 23-month low of 2.2% in November from 2.5% in the previous month.
Since it was a preliminary estimate, no reason for the fall was given but waning labor market pressures to lift wages are likely to have been, at least partially, behind the fall.
"We think inflation could fall quite a bit further over the next year or so in response to the spare capacity in the economy, helping to ease the squeeze on households' real incomes," said Jonathan Loynes, chief European economist at Capital Economics. "But whether that will get them spending in an environment of austerity and rising unemployment is another matter."
Despite the November decline, inflation is still above the ECB's target of keeping price rises at just below two percent. Few economists think the ECB will cut its main interest rate from the current record low of 0.75% at its monthly policy meeting next Thursday.

by: kayhannews

reza بازدید : 14 جمعه 10 آذر 1391 نظرات (0)

Iranian Basij Forces Test Military Preparedness in New Drills

TEHRAN (FNA)- Iranian Basij (volunteer) forces staged massive wargames in the country's Northern province of Semnan on Thursday and Friday to test their military preparedness to defend the country



Over 10,000 rapid reaction forces of Basij participated in the 'Towards Beitol-Moqaddas (Jerusalem)' drills on November 29-30 throughout the province

Commander of Semnan's Corps General Ali Ostadhosseini said the drill aimed at fostering the readiness of Basiji voluntary forces and achieving the high goals of Islamic Republic of Iran system

"We should always be ready in the scene because the enemies are frightened from Iranian people and Basiji voluntary forces' readiness," he said

Earlier this month, Commander of Iran's Basij (volunteer) force Brigadier General Mohammad Reza Naqdi announced that "rapid reaction battalions" of the Basij are due to carry out a series of exercises in four Iranian provinces

In October, Iranian Basij forces staged similar exercises in the country's Western province of Kermanshah

Ten thousand Basij forces were present in the drills held in Tangeh Konesh region

The exercises in Kermanshah came a few days after the IRGC and Basij staged three-day-long 'Towards Beitol-Moqaddas' drills in the capital city of Tehran

Commander of Tehran's Corps General Mohsen Kazzemeini said 150 IRGC battalions participated in the drills, adding that the exercises were conducted in response to the recent soft and security threats against Iran

 

by: farsnews

reza بازدید : 18 جمعه 10 آذر 1391 نظرات (0)

Iranian, Russian Officials Confer on Caspian Sea Legal Regime

TEHRAN (FNA)- Senior Iranian and Russian diplomats in a meeting in Moscow conferred on the two countries' stances on the legal regime of the Caspian Sea, and stressed that issues related to the lake should be resolved by all the littoral states.



During the meeting between Iranian Deputy Foreign Minister Mehdi Akhoundzadeh and head of the Russian delegation in Caspian legal regime talks Igor Bratchikov in Moscow on Thursday, the two sides underlined the necessity for resolving the issues of the Caspian Sea by its littoral states.

The discussions showed proximity of stances between Iran and Russia on the Caspian Sea issues and their determination for expansion of multilateral cooperation in the sea and succeeding in holding talks on Caspian Legal regime.

The Caspian Sea is the largest enclosed body of water on earth by area, variously classed as the world's largest lake or a full-fledged sea.

Caspian Sea littoral states consist of Iran, Russia, Kazakhstan, Turkmenistan and Azerbaijan. They have been debating their share in the Caspian Sea legal regime since the collapse of the Soviet Union in 1991.

The Caspian Sea legal regime is based on two agreements signed between Iran and the former Union of Soviet Socialist Republics (USSR) in 1921 and 1940. Although under the international law, no state can defy any agreements, which came into being before its establishment, the three new littoral states, established after the collapse of the Soviet Union, do not recognize the prior treaties, triggering a debate on the future status of the sea

 

by: farsnews

reza بازدید : 21 جمعه 10 آذر 1391 نظرات (0)

Iranian Speaker: Iraq Enjoys Great Potentials for Playing Key Role in Region

TEHRAN (FNA)- Iranian Parliament Speaker Ali Larijani underlined the good and brotherly ties and cooperation between Tehran and Baghdad, and said Iraq as an important country enjoys the necessary potentials for playing a key role in the region.



Speaking at a joint press conference with his Iraqi counterpart Osama al-Nujaifi in Iraq, Larijani described Iraq as an important country in the region, and said Iraq enjoys a democratic system and great potentials to play a key role in the region.

He also described Tehran-Baghdad cooperation as being multidimensional and multilateral, and said Iran-Iraq parliamentary ties can lead to reinforcement of mutual interactions.

Underlining the need for mutual economic, cultural and parliamentary cooperation as a strategy to settle regional issues, Larijani said he had discussed different issues with his Iraqi counterpart.

Larijani left for Iraq on Tuesday in a bid to discuss bilateral ties as well as regional and international developments with officials of the neighboring country.

Iran and Iraq have enjoyed growing ties ever since the overthrow of the former Iraqi dictator, Saddam Hussein, in 2003.

Both sides are working on a series of plans to take wide strides in expanding their ties, in economic fields in particular.

In July, Iran boosted its power supplies to Iraq and exported 1,139mw of power to its western neighbor.

by: farsnews

reza بازدید : 20 جمعه 10 آذر 1391 نظرات (0)

Commander: Iran Supports Oppressed People of Gaza

TEHRAN (FNA)- Lieutenant Commander of the Islamic Revolution Guards Corps (IRGC) Brigadier General Hossein Salami reiterated Iran's support for the innocent and oppressed people of Gaza, and warned the Israeli leaders against any new incursion into the region.



Salami said the Islamic Iran is supporter of Gaza's innocent and oppressed people, and the victory of Palestinians against Israel in Gaza is a sign of Iran's support and power against the Israeli leaders' crimes against humanity and war crimes in Gaza.

He warned the Israeli leaders against aggression on Gaza and killing defenseless people living in the Palestinian territories.

He said that the Israeli leaders saw strength of the Islamic army which could create an incredible victory in Gaza in line with the Islamic Awakening movements in the region.

The commander said enemies acted against Iran through soft wars, economic sanctions and many other ways but they see Iran as a strong country in the region.

Israel triggered an 8-day fighting by assassinating the military chief of the ruling Hamas group on November 14 followed by dozens of airstrikes on Gaza.

In response, Palestinian groups fired over 1,500 missiles and rockets at Israel.

Palestinian resistance groups targeted Tel Aviv and areas near Jerusalem for the first time in the history of confrontations between the two sides, launching a rocket attack in a major escalation of hostilities as Israel pressed forward with relentless airstrikes on the Gaza Strip.

Israel called up thousands of reservists and massed troops along the border with Gaza, signaling a ground invasion of the densely populated seaside strip could be imminent.

But the attack on the Israeli settlement, along with an earlier strike on Zionists' capital Tel Aviv, frightened the Israeli regime, making it drop its aggression plans and ask for third party mediation.

Eventually, a Cairo-mediated ceasefire agreement, which took effect on Wednesday November 21, ended the Israeli attacks, which killed more than 165 Palestinians and injured about 1,269 others.

by: farsnews

reza بازدید : 12 جمعه 10 آذر 1391 نظرات (0)

DM: Iranian Experts Able to Design, Produce, Overhaul Military Equipment

TEHRAN (FNA)- Iranian Defense Minister Brigadier General Ahmad Vahidi praised Iran's giant and unbelievable advancements in defensive fields, and said Iranian experts are able to design, produce and repair different hi-tech military equipments.



Vahidi referred to the joining of two hovercrafts and two Ghadir-class submarines to Iran's Navy on Wednesday, and said the Iranian experts have succeeded to design, produce and repair advanced military equipment.

He told the Islamic republic news agency that the two hovercrafts and the submarines were examples of the endeavor of the domestic experts which were delivered to the Navy.

The minister said that the experts of Iran's defense industries would spare no efforts to meet the needs of the country's armed forces to secure their territorial integrity.

Iran equipped its Navy fleets with two new hovercrafts Wednesday morning, one of which enjoys missile launching capabilities.

In a ceremony attended by Iranian Navy Commander Rear Admiral Habibollah Sayyari in Iran's Southern port city of Bandar Abbas, hovercrafts BH7 which had been overhauled by local experts and SRNX whose Iranian name is Tondar (Thunderbolt) and has been manufactured through indigenized technology joined the Navy's fleets in Iran's Southern waters.

Iran unveiled the highly advanced home-made Tondar which can launch missiles and serve as launch pad for drones in a ceremony earlier this month.

Addressing a ceremony to unveil the hovercraft at the time, Vahidi said that the hovercraft has been designed and developed by Iranian experts in two models for combat and transportation missions, and that the combat model is called 'Tondar'.

Vahidi further announced that Tondar can be equipped with different types of weapons produced by the Iranian defense industries, including rockets, guns and Unmanned Aerial Vehicles (UAVs).

The minister said that Tondar can be used for "coastal patrolling, as a command vessel, offensive reconnaissance operations, mid-range amphibious missions, asymmetric defense, as a personnel and equipment carrier for logistical support for islands and coastal areas or as a sea ambulance for relief and rescue missions".

He further added that the new hovercraft will increase the combat and reconnaissance capabilities as well as the mobility of the Iranian Armed Forces.

by: farsnews

reza بازدید : 46 سه شنبه 07 آذر 1391 نظرات (0)

Navy Commander: Israel Discredited by Failure in Gaza War

TEHRAN (FNA)- Iranian Navy Commander Rear Admiral Habibollah Sayyari said that Israel's recent defeat in its war on the Gaza Strip discredited the Zionist regime.



"Israel lost its reputation in this war, the Zionist army which claimed to have a great power sustained a heavy defeat in the Gaza Strip which is only 360-square kilometers in size," Sayyari said in an interview with Alaahd news agency.

Sayyari downplayed the Zionist Army size and power, and stated, "Gaza's victory in the recent war over the Zionists was a great and outstanding triumph for the (Palestinian) Resistance (groups)."

Israel triggered an 8-day fighting by assassinating the military chief of the ruling Hamas group on November 14 followed by dozens of airstrikes on Gaza.

In response, Palestinian groups fired over 1,500 missiles and rockets at Israel.

Palestinian resistance groups targeted Tel Aviv and areas near Jerusalem for the first time in the history of confrontations between the two sides, launching a rocket attack in a major escalation of hostilities as Israel pressed forward with relentless airstrikes on the Gaza Strip.

Israel called up thousands of reservists and massed troops along the border with Gaza, signaling a ground invasion of the densely populated seaside strip could be imminent.

But the attack on the Israeli settlement, along with an earlier strike on Zionists' capital Tel Aviv, frightened the Israeli regime, making it drop its aggression plans and ask for third party mediation.

Eventually, a Cairo-mediated ceasefire agreement, which took effect on Wednesday November 21, ended the Israeli attacks, which killed more than 165 Palestinians and injured about 1,269 others.

by: farsnews

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