Showing posts with label yahoo news. Show all posts
Showing posts with label yahoo news. Show all posts

Wednesday, April 24, 2013

Cuban opposition group Ladies in White collect prize



Cuban opposition group Ladies in White collect prize



Several Ladies in White made the trip to Brussels to collect the award

Members of the Cuban opposition group Ladies in White have collected the Sakharov Prize for Freedom of Thought in Brussels.


They were awarded the prize by the European Parliament in 2005, but Cuba barred them from leaving the communist-run island to collect it.
The abolition of exit permits by the Cuban government in January made it possible for the women to travel.
They were given the prize for their campaign to free 75 jailed dissidents.
The Sakharov Prize for Freedom of Thought is awarded annually by the European Parliament to individuals or organisations who have dedicated their lives to the defence of human rights and freedom. It is named after the late Soviet dissident Andrei Sakharov.
In 2012, it went to Iranian activists Jafar Panahi and Nasrin Sotoudeh.
As she accepted the award on behalf of the group, Lady in White Laura Labrada said they had never lost faith that one day they would be able to collect the prize.
"We are mothers, wives, daughters and sisters of Cubans who find themselves in prison in Cuba for exercising the most sacred human right: to live according to one's own conscience," she said.
Ms Labrada collected the prize on behalf of her mother, co-founder of the Ladies in White Laura Pollan, who died in 2011


She was joined by other Ladies in White at the ceremony.
"You are the symbol of resistance against the Cuban government, and thousands of Cubans support you inside and outside the country," said the president of the European Parliament, Martin Schulz.
But in Havana, the Cuban Deputy Foreign Minister, Abelardo Moreno, suggested that other Cubans were more worthy of the award.
"I ask myself, would it not be worth giving prizes to the work of Cuban doctors in Haiti, for example?" he said.


'No change'
The Ladies in White was founded by the wives, sisters and friends of 75 jailed Cuban activists, who were rounded up and sentenced to long prison terms in 2003 as part of a crackdown on the opposition movement.
Dressed in white, the women march in silence in the Cuban capital, Havana, every Sunday, defying Cuba's ban on organised opposition and street demonstrations.
They are routinely detained and their protests broken up, but they say their protests have yielded results. All 75 prisoners they campaigned for have been released.
The Ladies continue their protest, now demanding that the convictions of the 75 be officially overturned.

Before travelling to Brussels to collect the prize, Ms Labrada told the BBC's Sarah Rainsford in Havana that they still suffered harassment at the hands of the Cuban police.
"The arrests continue. It's true the time in detention is less, but we're still repressed, still detained - and in big numbers. Just for thinking differently... This has not changed," she said.
The Cuban authorities say that the group is in the pay of the United States and forms part of Washington's "decades-old effort to undermine Cuba's socialist revolution".

Lloyds' branch sale to Co-op falls through.

   Lloyds' branch sale to Co-op falls through.



The planned sale of 632 UK bank branches by Lloyds Banking Group to the Co-op group has fallen through.


The Co-op blamed the continued economic downturn and tougher regulatory environment imposed on banks.
Lloyds said it will now seek to sell the branches as a stand-alone bank through a stock market listing.
It had been hoped that the Co-op's purchase of the branches would create a bigger competitor to the main high street banks.
Lloyds' chief executive Antonio Horta-Osorio said: "We are disappointed that the Co-operative Group is unable to complete this transaction."

The sales of the branches, known as Project Verde, was demanded by European regulators as the price for being bailed out by the UK government during the financial crisis.
The Lloyds statement said: "The Co-operative Group's board has decided that they can no longer proceed with a purchase of the Verde business given their view of the impact of the current economic environment, the worsened outlook for economic growth and the increasing regulatory requirements on the financial services sector in general."


During the summer the branches will be branded as TSB Bank, and the group will operate as a separate business within Lloyds ahead of a sale.
The Co-op's chief executive, Peter Marks, said: "After detailed and thorough consideration of all aspects of the Verde transaction, we have decided, at this time, that it is not in the best interests of our members to proceed with the transaction.



"Against the backdrop of the current economic environment, the worsened outlook for economic growth and the increasing regulatory requirements on the financial services sector in general, the Verde transaction would not currently deliver a suitable return for our members within a reasonable timeframe and with an acceptable level of risk."

The BBC's business editor, Robert Peston, said the Co-op's decision was a blow for the Treasury, which has been backing attempts to create powerful competitors to the UK's big high street banks. He said that the Co-op will now review the future of its banking business.


Challenger banks Lloyds, which is 39%-owned by the government, had a deadline of November 2013 to complete the sale in order to meet European Commission competition rules. But there have been reports over the past few months that the Co-op was going cool on the acquisition.
A flotation is unlikely to be possible until the second half of 2014, which would mean the UK government and Lloyds asking Brussels to extend its end-2013 deadline for the sale.
Co-op agreed in 2012 to buy the branches.
This involved the potential transfer of 4.6 million customers, including 3.5 million in England and Wales and the remainder in Scotland.


Customers in England and Wales had already received letters telling them of the move and giving them the option to stay with Lloyds. This information is still relevant, as customers of the branches being sold will still become customers of the new TSB Bank.
The aborted takeover would have created Britain's seventh-biggest bank with about 5% of personal current accounts and mortgage market and about 10% of the branch network.
A Treasury spokesman described the Co-op's move as "a commercial matter." However, he stressed that government remained committed to encouraging so-called "Challenger" banks to increase competition on the high street.