Egypt’s Mursi faces judicial revolt over decree












CAIRO (Reuters) – Egyptian President Mohamed Mursi faced a rebellion from judges who accused him on Saturday of expanding his powers at their expense, deepening a crisis that has triggered violence in the street and exposed the country’s deep divisions.


The Judges’ Club, a body representing judges across Egypt, called for a strike during a meeting interrupted with chants demanding the “downfall of the regime” – the rallying cry in the uprising that toppled Hosni Mubarak last year.












Mursi’s political opponents and supporters, representing the divide between newly empowered Islamists and their critics, called for rival demonstrations on Tuesday over a decree that has triggered concern in the West.


Issued late on Thursday, it marks an effort by Mursi to consolidate his influence after he successfully sidelined Mubarak-era generals in August. The decree defends from judicial review decisions taken by Mursi until a new parliament is elected in a vote expected early next year.


It also shields the Islamist-dominated assembly writing Egypt’s new constitution from a raft of legal challenges that have threatened the body with dissolution, and offers the same protection to the Islamist-controlled upper house of parliament.


Egypt’s highest judicial authority, the Supreme Judicial Council, said the decree was an “unprecedented attack” on the independence of the judiciary. The Judges’ Club, meeting in Cairo, called on Mursi to rescind it.


That demand was echoed by prominent opposition leader Mohamed ElBaradei. “There is no room for dialogue when a dictator imposes the most oppressive, abhorrent measures and then says ‘let us split the difference’,” he said.


“I am waiting to see, I hope soon, a very strong statement of condemnation by the U.S., by Europe and by everybody who really cares about human dignity,” he said in an interview with Reuters and the Associated Press.


More than 300 people were injured on Friday as protests against the decree turned violent. There were attacks on at least three offices belonging to the Muslim Brotherhood, the movement that propelled Mursi to power.


POLARISATION


Liberal, leftist and socialist parties called a big protest for Tuesday to force Mursi to row back on a move they say has exposed the autocratic impulses of a man once jailed by Mubarak.


In a sign of the polarization in the country, the Muslim Brotherhood called its own protests that day to support the president’s decree.


Mursi also assigned himself new authority to sack the prosecutor general, who was appointed during the Mubarak era, and appoint a new one. The dismissed prosecutor general, Abdel Maguid Mahmoud, was given a hero’s welcome at the Judges’ Club.


In open defiance of Mursi, Ahmed al-Zind, head of the club, introduced Mahmoud by his old title.


The Mursi administration has defended the decree on the grounds that it aims to speed up a protracted transition from Mubarak’s rule to a new system of democratic government.


Analysts say it reflects the Brotherhood’s suspicion towards sections of a judiciary unreformed from Mubarak’s days.


“It aims to sideline Mursi’s enemies in the judiciary and ultimately to impose and head off any legal challenges to the constitution,” said Elijah Zarwan, a fellow with The European Council on Foreign Relations.


“We are in a situation now where both sides are escalating and its getting harder and harder to see how either side can gracefully climb down.”


ADVISOR TO MURSI QUITS


Following a day of violence in Cairo, Alexandria, Port Said and Suez, the smell of tear gas hung over the capital’s Tahrir Square, the epicentre of the uprising that toppled Mubarak in 2011 and the stage for more protests on Friday.


Youths clashed sporadically with police near the square, where activists camped out for a second day on Saturday, setting up makeshift barricades to keep out traffic.


Al-Masry Al-Youm, one of Egypt’s most widely read dailies, hailed Friday’s protest as “The November 23 Intifada”, invoking the Arabic word for uprising.


But the ultra-orthodox Salafi Islamist groups that have been pushing for tighter application of Islamic law in the new constitution have rallied behind Mursi’s decree.


The Nour Party, one such group, stated its support for the Mursi decree. Al-Gama’a al-Islamiya, which carried arms against the state in the 1990s, said it would save the revolution from what it described as remnants of the Mubarak regime.


Samir Morkos, a Christian assistant to Mursi, had told the president he wanted to resign, said Yasser Ali, Mursi’s spokesman. Speaking to the London-based Asharq Al-Awsat newspaper, Morkos said: “I refuse to continue in the shadow of republican decisions that obstruct the democratic transition”.


Mursi’s decree has been criticized by Western states that earlier this week were full of praise for his role in mediating an end to the eight-day war between Israel and Palestinians.


“The decisions and declarations announced on November 22 raise concerns for many Egyptians and for the international community,” State Department spokeswoman Victoria Nuland said.


The European Union urged Mursi to respect the democratic process.


(Additional reporting by Omar Fahmy, Marwa Awad, Edmund Blair and Shaimaa Fayed and Reuters TV; Editing by Jon Hemming)


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Prankster Replicates Facebook Users’ Profile Photos, Then Friends Targets [PICS]












1.


Image courtesy of Imgur, casinoroycasinoroy


Click here to view this gallery.












[More from Mashable: This App Curates Gifts From Startups for Your Trendy Friends]


Everyone has a knack for something. Reddit user CasinoRoy’s talent is creeping out strangers on Facebook, and perfectly replicating their profile photos.


[More from Mashable: Facebook to Slow Down After Move to HTTPS [VIDEO]]


The prankster searches for Facebook users with his name, and then recreates their profile photos by imitating their wardrobe and facial expression. When it’s all done, he sends the subject a friend request.


In total, CasinoRoy found eight people on Facebook with his name. He recently shared his hilarious project to Reddit, which garnered 20,000 views in four hours. The joker revealed on Reddit that only one person accepted his friend request. The relationship was short-lived. “He seemed genuinely creeped out and de-friended me shortly after,” he wrote.


What would you do if you found a perfect replica of your Facebook profile picture? Tell us in the comments below.


Image courtesy of Imgur, casinoroycasinoroy


This story originally published on Mashable here.


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“Downton Abbey” Renewed for fourth Season by ITV












LOS ANGELES (TheWrap.com) – “Downton Abbey” fans have something to be thankful for.


British network ITV has commissioned a fourth season of the hit historical drama, the network said Friday. The new season will consist of eight new episodes to premiere in fall 2013, with an extended episode for Christmas 2013. As with previous seasons, the opening and closing episodes will be feature-length.












“Downton Abbey” Season 4 will begin filming in February at Highclere Castle and Ealing Studios.


Noting that the upcoming season will see the inclusion of some new faces, “Downton Abbey” executive producer Gareth Neame said, “Viewers can look forward to more drama, comedy, love, hatred, jealousy, rivalry, ambition, despair and romance.”


Produced by NBC Universal’s Carnival Film & Television, the Emmy and Golden Glove-winning “Downton Abbey” airs on PBS in the U.S.


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Saudi royals, officials visit king in hospital after surgery












JEDDAH, Saudi Arabia (Reuters) – Senior Saudi royals and government officials have visited King Abdullah in hospital, state news agency SPA reported, a week after the monarch – believed to be in his late 80s – had surgery to tighten a ligament in his back.


The stability of the world’s biggest oil exporter and an important regional U.S. ally is of global concern as the kingdom holds more than a fifth of the world’s crude reserves and is a venue for millions of Muslim pilgrims every year.












SPA’s report on Saturday carried a photograph of officials and royals gathered inside the National Guard‘s King Abdulaziz Medical City in Riyadh, but did not say who was allowed to see the king or when he is expected to leave hospital.


The king was admitted for surgery on November 16 and an announcement from the Royal Court said that he had undergone a successful back operation that lasted for 11 hours. No photographs of Abdullah have been released.


Saudi analysts said on Saturday it was understandable that he would take time to recover, given his age.


Abdullah underwent a similar operation in October last year and had back surgery twice in the United States in 2010 for a herniated disc, after which spent three months outside Saudi Arabia recuperating.


After his back operation last year, Abdullah appeared on state television two days after his surgery and was released from hospital within five days of the operation.


Investors attributed Saudi stock market selling last week to worries over the king’s health. The benchmark index fell 3 percent in the trading week ending on Wednesday and fell 1.4 percent on Sunday after a 0.8 percent bounce on Saturday.


The crown has passed down a line of the sons of the kingdom’s founder King Abdulaziz Ibn Saud, who died in 1953.


Abdullah – who took power in 2005 – named his brother Prince Salman, 13 years his junior, heir apparent in June after the death of Crown Prince Nayef bin Abdulaziz.


Salman, who deputizes for the king, was shown on television last week meeting visiting U.S. officials. He also chaired the weekly cabinet meeting last Monday.


(Reporting by Asma Alsharif; Editing by Louise Ireland and Sami Aboudi)


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Shoppers welcome early start to “Black Friday”












NEW YORK/BLOOMINGTON, Minnesota (Reuters) – Retailers declared their experiment with earlier store openings to kick off the holiday shopping season a success on Friday, with those new hours expected to be a Thanksgiving night staple for more retailers next year.


Stores such as Target Corp opened hours before midnight on Thursday to try to capture a bigger piece of the retail pie. The move seemed to bring out a different type of shopper than the usual one who grabs the “Black Friday” deals, analysts said.












That meant by Friday morning, some shoppers, like Christian Alcantara, 18, at a J.C. Penney Co Inc store in Queens, New York, had already made a lot of their purchases. J.C. Penney stuck to a more traditional 6 a.m. EST (1100 GMT) Friday opening.


“They should open earlier. I’ve been everywhere else and I’ve already shopped,” he said.


Shoppers like Alcantara are likely to force holdouts like J.C. Penney to move their post-Thanksgiving sales into Thursday night next year, said Liz Ebert, retail lead at consulting firm KPMG LLP.


“There will be pressure on them. There’ll be an expansion of it next year,” Ebert said.


Hard data on “Black Friday” store traffic will not come in until this weekend. But analysts said retailers who opened early brought in a non-traditional Black Friday shopper, with more families coming in together and buying more than just the “doorbuster” sale items.


“I’ve never seen parents bring so many kids on Black Friday,” Toys R Us Chief Executive Jerry Storch said.


The National Retail Federation expects sales during November and December to rise 4.1 percent this year, below last year’s 5.6 percent increase. That made store operators’ strategy important as they battled each other, rather than seeing a growing pie in a season when U.S. retailers can make a third of their annual sales and 40 to 50 percent of their profits.


“Retailers want them to buy now, they want to get that share of wallet early,” said Michael Appel, a director at consulting firm AlixPartners. He noticed that the Galleria Mall in White Plains, New York, was busy from midnight to 3 a.m., but that traffic, while still brisk, was less heavy by midmorning.


Shoppers used smartphones and tablets and a lot of research as they hit stores, a mobile phenomenon that started last year and seemed to be more prevalent this year.


Thom Blischok, chief retail strategist and a senior executive adviser with Booz & Company’s Retail practice, was waiting on line with one woman in Phoenix, who was shopping for a refrigerator. Using her mobile device, she found the appliance online for the same price and left the store without. She intended to buy it online instead.


“There’s a fundamental transformation of shopping,” he said.


Mobile devices account for 45 percent walmart.com traffic and online traffic coming from Walmart’s mobile app was three times bigger than last year, Joel Anderson, chief executive of Walmart.com, said.


Overall, online sales were up 20 percent versus the same period last year, through 3 p.m. EST (2000 GMT) on Friday, IBM said.


The National Retail Federation said 147 million people would shop Friday through Sunday, when deals are at their most eye-catching – down from 152 million the same weekend last year.


The NRF estimate did not account for Thursday shoppers and anecdotal evidence suggested retailers opening earlier may have cut into traffic on “Black Friday”, the traditional start of the holiday season that denotes the point when retailers in the past would turn a profit for the year.


“People seemed to be shopping quite a bit, although in talking to mall management, it seemed that traffic was not as busy as last year,” Deloitte retail analyst Ramesh Swamy said.


Retailers were also using technology better, allowing sales staff to match prices customers found online and having them use tablets as mobile “checkout stands” so buyers did not have to wait in line, a service consumers were quickly coming to expect.


“I even heard customers complaining about a retailer that didn’t have mobile checkout,” he said.


SAVING UP FOR CHRISTMAS SPREE


According to a Reuters/Ipsos poll, two-thirds of shoppers were planning to spend the same amount of money as last year or were unsure about plans, while 21 percent intended to spend less, and 11 percent planned to spend more.


“I definitely have more money this year,” said Amy Balser, 26, at the head of the line outside the Best Buy store in the Mall of America in Bloomington, Minnesota. “I definitely don’t think (the economy) has bounced back anywhere near as much as it needs to, but I see some improvement,” she said.


For others, Christmas is the focal point of their annual shopping.


“We cut back spending on birthdays and anniversaries so we’d have more for Christmas. We’ve adapted,” said Cheri Albus, 58, of Papillion, Nebraska, after shopping at J.C. Penney at Westroads Mall in Omaha.


Retail stocks rose in holiday-shortened trading on Friday, in line with gains across the market. Among the leaders, Wal-Mart ended up 1.9 percent and Macy’s Inc rose 1.8 percent.


STARTING EARLY


Across the country, store lines were long – in the hundreds or more in many places – with the move toward earlier opening hours appearing to help. By sunrise on Friday, it was commonplace, even at large stores in the major cities, to find many more staffers than shoppers.


While the shift to earlier openings was criticized by store employees and traditionalists because it pulled people away from families on the U.S. Thanksgiving holiday, many shoppers welcomed the chance to shop before midnight or in the early morning hours.


Some workers used the day to send a message.


OUR Walmart – a coalition of current and former Wal-Mart staff seeking better wages, benefits and working conditions – targeted Black Friday for action across the country after staging protests outside stores for months.


Nine protesters were arrested on misdemeanor charges after blocking a street outside a Walmart near Los Angeles, police said. Three of those arrested were Walmart workers, OUR Walmart said.


Wal-Mart Stores Inc’s U.S. discount stores, which have been open on Thanksgiving since 1988, offered some Black Friday deals at 8 p.m. on Thursday and special deals on certain electronics, such as Apple Inc iPads, at 10 p.m.


At the Macy’s store in Herald Square in Manhattan, the line at the Estee Lauder counter was four deep shortly after its midnight opening. The cosmetics department’s “morning specials” included free high-definition headphones with any fragrance purchase of $ 75 or more, and a set of six eye shadows for $ 10.


But for some people, cheap wasn’t cheap enough – like the Macy’s shopper who bought Calvin Klein shoes at 50 percent off but was still not satisfied.


“I was hoping for deeper discounts,” said Melissa Glascow, 35, of Brooklyn, New York.


That could actually be an intentional strategy to help retailers’ profits.


“It appears that manufacturers and retailers are making concerted efforts to drive margins, which may take some of the sales sizzle out of a traditionally big selling day/period, but should be positive to gross margins,” Credit Suisse analyst Gary Balter said in a note to clients.


Lines at Best Buy stores were similar to last year but the traffic to its website was “significantly” higher, Shawn Score, head of the company’s U.S. retail business, told Reuters.


(Additional reporting by Martinne Geller and Jochelle Mendonca in New York, Jessica Wohl and Nivedita Bhattacharjee in Chicago, Brad Dorfman in Milwaukee, Paul Ingram in Tucson, Arizona, Jason McLure in Littleton, New Hampshire, and Barbara Liston in Orlando, Florida; Writing by Brad Dorfman and Ben Berkowitz; Editing by Nick Macfie, David Holmes, Jeffrey Benkoe, Dale Hudson and Leslie Gevirtz)


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Secret message found with carrier pigeon may never be deciphered












 Secret message found with carrier pigeon may never be decipheredBritish man finds carrier pigeon skeleton in his fireplace with unbreakable secret code (Reuters)


Before military forces had secure cell phones and satellite communications, they used carrier pigeons. The highly trained birds delivered sensitive information from one location to another during  World War II. Often, the birds found the intended recipient. But not always.












A dead pigeon was recently discovered inside a chimney in Surrey, England. There for roughly 70 years, the bird had a curious canister attached to its leg. Inside was a coded message that has stumped the experts.


The code features a series of 27 groups of five letters. According to Reuters, nobody from Britain’s Government Communications Headquarters has been able to decipher it. The message was sent by a Sgt. W. Scott to someone or something identified as “Xo2.”


A spokesperson remarked, “Although it is disappointing that we cannot yet read the message brought back by a brave carrier pigeon, it is a tribute to the skills of the wartime code-makers that, despite working under severe pressure, they devised a code that was indecipherable both then and now.”


The bird was discovered by a homeowner doing renovations earlier this month. In an interview with Reuters, David Martin remarked that bits of birds kept falling from the chimney. Eventually, Margin saw the red canister and speculated that it might contain a secret message. And it seems as if the message will always be secret.


Carrier pigeons played a vital role in wars due to their incredible homing skills. All told, U.K. forces used about 250,000 of the birds during World War II.


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Larry Hagman dead at 81, portrayed notorious TV villain J.R. Ewing












(Reuters) – Larry Hagman, who created one of American television’s most supreme villains in the conniving, amoral oilman J.R. Ewing of “Dallas,” died on Friday, the Dallas Morning News reported. He was 81.


Hagman died at a Dallas hospital of complications from his battle with throat cancer, the newspaper said, quoting a statement from his family. He had suffered from liver cancer and cirrhosis of the liver in the 1990s after decades of drinking.












Hagman’s mother was stage and movie star Mary Martin and he became a star himself in 1965 on “I Dream of Jeannie,” a popular television sitcom in which he played Major Anthony Nelson, an astronaut who discovers a beautiful genie in a bottle.


Dallas,” which made its premiere on the CBS network in 1978, made Hagman a superstar. The show quickly became one of the network’s top-rated programs, built an international following and inspired a spin-off, imitators and a revival in 2012.


Dallas” was the night-time soap-opera story of a Texas family, fabulously wealthy from oil and cattle, and its plot brimmed with back-stabbing, double-dealing, family feuds, violence, adultery and other bad behavior.


In the middle of it all stood Hagman’s black-hearted J.R. Ewing – grinning wickedly in a broad cowboy hat and boots, plotting how to cheat his business competitors and cheat on his wife. He was the villain TV viewers loved to despise during the show’s 356-episode run from 1978 to 1991.


“I really can’t remember half of the people I’ve slept with, stabbed in the back or driven to suicide,” Hagman said of his character in Time magazine.


In his autobiography, “Hello Darlin’: Tall (and Absolutely True) Tales About My Life,” Hagman wrote that J.R. originally was not to be the focus of “Dallas” but that changed when he began ad-libbing on the set to make his character more outrageous and compelling.


‘WHO SHOT J.R.?’


To conclude its second season, the “Dallas” producers put together one of U.S. television’s most memorable episodes in which Ewing was shot by an unseen assailant. That gave fans months to fret over whether J.R. would survive and who had pulled the trigger. In the show’s opening the following season, it was revealed that J.R.’s sister-in-law, Kristin, with whom he had been having an affair, was behind the gun.


Hagman said an international publisher offered him $ 250,000 to reveal who had shot J.R. and he considered giving the wrong information and taking the money, but in the end, “I decided not to be so like J.R. in real life.”


The popularity of “Dallas” made Hagman one of the best-paid actors in television and earned him a fortune that even a Ewing would have coveted. He lost some of it, however, in bad oil investments before turning to real estate.


“I have an apartment in New York, a ranch in Santa Fe, a castle in Ojai outside of L.A., a beach house in Malibu and thinking of buying a place in Santa Monica,” Hagman said in a Chicago Tribune interview.


An updated “Dallas” series began in June 2012 on the TNT network with Hagman reprising his J.R. role with original cast members Linda Gray, who played J.R.’s long-suffering wife, Sue Ellen, and Patrick Duffy, who was his brother Bobby. The show was to focus on the sons of J.R. and Bobby.


Hagman had a wide eccentric streak. When he first met actress Lauren Bacall, he licked her arm because he had been told she did not like to be touched and he was known for leading parades on the Malibu beach and showing up at a grocery store in a gorilla suit. Above his Malibu home flew a flag with the credo “Vita Celebratio Est (Life Is a Celebration)” and he lived hard for many years.


In 1967, rock musician David Crosby turned him on to LSD, which Hagman said took away his fear of death, and Jack Nicholson introduced him to marijuana because Nicholson thought he was drinking too much.


Hagman had started drinking as a teenager and said he did not stop until the moment in 1992 when his doctor told him he had cirrhosis of the liver and could die within six months. Hagman wrote that for the past 15 years he had been drinking about four bottles of champagne a day, including while on the “Dallas” set.


LIVER TRANSPLANT


In July 1995, he was diagnosed with liver cancer, which led him to quit smoking, and a month later he underwent a liver transplant.


After giving up his vices, Hagman said he did not lose his zest for life.


“It’s the same old Larry Hagman,” he told a reporter. “He’s just a littler sober-er.”


Hagman was born on September 21, 1931, in Weatherford, Texas, and his father was a lawyer who dealt with the Texas oil barons Hagman would later come to portray. He was still a boy when his parents divorced and he went to Los Angeles with Martin, who would become a Broadway and Hollywood musical star.


Hagman eventually landed in New York to pursue acting, making his stage debut there in “The Taming of the Shrew.” In New York, he married Maj Axelsson in 1954 while they were in a production of “South Pacific. The marriage produced two children, Heidi and Preston.


Hagman served in the Air Force, spending five years in Europe as the director of USO shows, and on his return to New York he took a starring role in the daytime soap “The Edge of Night.” His breakthrough came in 1965 when he landed the “I Dream of Jeannie” role opposite Barbara Eden.


In his later years, Hagman became an advocate for organ transplants and an anti-smoking campaigner. He also was devoted to solar energy, telling the New York Times he had a $ 750,000 solar panel system at his Ojai estate, and made a commercial in which he portrayed a J.R. Ewing who had forsaken oil for solar power. He was a longtime member of the Peace and Freedom Party, a minor leftist organization in California.


Hagman told the Times that after death he wanted his remains to be “spread over a field and have marijuana and wheat planted and harvest it in a couple of years and then have a big marijuana cake, enough for 200 to 300 people. People would eat a little of Larry.”


(Writing by Bill Trott in Washington; Additional reporting by Alex Dobuszinkis in Los Angeles; Editing by Peter Cooney)


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Four new cases of SARS-like virus found in Saudi, Qatar












LONDON (Reuters) – A new virus from the same family as SARS which sparked a global alert in September has now killed two people in Saudi Arabia, and total cases there and in Qatar have reached six, the World Health Organisation said.


The U.N. health agency issued an international alert in late September saying a virus previously unknown in humans had infected a Qatari man who had recently been in Saudi Arabia, where another man with the same virus had died.












On Friday it said in an outbreak update that it had registered four more cases and one of the new patients had died.


“The additional cases have been identified as part of the enhanced surveillance in Saudi Arabia (3 cases, including 1 death) and Qatar (1 case),” the WHO said.


The new virus is known as a coronavirus and shares some of the symptoms of SARS, or Severe Acute Respiratory Syndrome, which emerged in China in 2002 and killed around a 10th of the 8,000 people it infected worldwide.


Among the symptoms in the confirmed cases are fever, coughing and breathing difficulties.


Of the six laboratory-confirmed cases reported to WHO, four cases, including the two deaths, are from Saudi Arabia and two cases are from Qatar.


Britain’s Health Protection Agency, which helped to identify the new virus in September, said the newly reported case from Qatar was initially treated in October in Qatar but then transferred to Germany, and has now been discharged.


Coronaviruses are typically spread like other respiratory infections, such as flu, travelling in airborne droplets when an infected person coughs or sneezes.


The WHO said investigations were being conducted into the likely source of the infection, the method of exposure, and the possibility of human-to-human transmission of the virus.


“Close contacts of the recently confirmed cases are being identified and followed-up,” it said.


It added that so far, only the two most recently confirmed cases in Saudi Arabia were epidemiologically linked – they were from the same family, living in the same household.


“Preliminary investigations indicate that these two cases presented with similar symptoms of illness. One died and the other recovered,” the WHO’s statement said.


Two other members of the same family also suffered similar symptoms of illness, and one died and the other is recovering. But the WHO said laboratory test results on the fatality were still pending, and the person who is recovering had tested negative for the new coronavirus.


The virus has no formal name, but scientists at the British and Dutch laboratories where it was identified refer to it as “London1_novel CoV 2012″.


The WHO urged all its member states to continue surveillance for severe acute respiratory infections.


“Until more information is available, it is prudent to consider that the virus is likely more widely distributed than just the two countries which have identified cases,” it said.


(Editing by Alison Williams)


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Cameron set for EU budget battle

















David Cameron is set to press for a minimum real-terms freeze in the EU’s budget as European leaders gather ahead of a crunch summit to determine its spending between 2014 and 2020.













The UK PM is seeking to build alliances in Brussels ahead of what is expected to be two days of intense negotiations.


Germany is among the UK’s main allies but other nations support the European Commission’s call for higher spending.


The UK Parliament recently urged the EU to cut its total expenditure.


Ahead of the special budget summit, UK Deputy Prime Minister Nick Clegg said the government’s position was “tough but realistic”.


He said most people would think it was “perfectly reasonable” for the EU to tighten its belt.


Spending ceiling


The EU’s 27 member states must set a ceiling for what they are prepared to spend in total over the 2014-2020 period, as well as discuss how much will be set aside for specific areas such as business, agriculture and security.


The European Commission has proposed a ceiling of 1,033 billion euros (£831bn), which would be 5% higher than the current 2007-2013 period. The UK, Germany, Sweden and the Netherlands are among those who have said such a rise would be unacceptable at a time of austerity across the continent.


Continue reading the main story

Both the prime minister and I have spent, whatever our other differences on Europe, a lot of time working together to make sure the British voice is heard”



End Quote Nick Clegg Deputy Prime Minister


The UK has described a separate proposal from European Council President Herman van Rompuy for a 973 billion euro (£782bn) threshold as a step in the right direction.


But the UK believes that further cuts, potentially of up to 80bn euros, can be achieved as Mr van Rompuy’s plan anticipates substantial increases in certain areas such as infrastructure spending.


Mr Cameron has said he is prepared to veto any budget deal that is bad for the UK and argued that any above-inflation rise would be unjustified when many countries are cutting spending at home.


MPs voted last month to back a real-terms cut in spending, saying it would strengthen the UK’s negotiating position.


But UK officials have acknowledged this will be difficult to achieve given many of the EU’s poorer nations – unlike the UK, Germany and France – are net beneficiaries of the budget and unlikely to countenance any cuts.


‘British voice’


Although countries’ individual contributions are not up for discussion at the summit, Mr Cameron has also vowed to defend the UK’s multi-billion pound rebate first secured by the Thatcher government in the 1980s.




Who wants what from the EU budget deal?



Mr van Rompuy is expected to hold one-on-one meetings with EU leaders on Thursday to establish what their “red lines” are ahead of general negotiations, which officials admit could slip into Saturday or even Sunday.


German Chancellor Angela Merkel has said she is not sure the summit will come up with a “definitive deal” and EU leaders may have to reconvene early in the new year.


Mr Clegg said the UK was looking for “just common sense”.


“A common sense approach, which says look there’s not enough money to go around at the moment… let’s make sure that’s reflected in the European Union budget and that’s why we’re saying that it shouldn’t increase by more than inflation.”


If the opportunity arose to cut the budget, the UK would seize it, he added.


“We have had to cut out many budgets here at home. We’ve got a tough approach but it’s a realistic approach and both the prime minister and I have spent, whatever our other differences on Europe, a lot of time working together to make sure the British voice is heard.”


But UK Independence Party leader Nigel Farage said Mr Cameron would be unable to get a “good deal” for the UK and that the European Commission and MEPs believed the state could “create wealth”.


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Bank of Canada keeps “over time” condition on rate hike
















OTTAWA (Reuters) – Bank of Canada Deputy Governor Tim Lane repeated on Wednesday the central bank‘s message that interest rate increases will likely be needed, but only over time.


The “over time” phrase was introduced in the bank’s key guidance in its rate statement on October 23 as a way of signaling that while the next rate move is likely to be up, such a move was less imminent than it had been.













“Over time, some gradual withdrawal of monetary policy stimulus will likely be required, consistent with achieving the inflation-control target,” Lane said, according to a prepared presentation he was giving on Wednesday in Moncton, New Brunswick.


Another part of the presentation, which was posted on the central bank’s website, noted: “The Canadian economy continues to operate with a small amount of excess supply.”


The Bank of Canada is alone in the Group of Seven leading industrialized countries in signaling an intention to raise rates despite expectations of modest and unbalanced global growth.


Lane forecast “very robust growth” in emerging markets, stagnation in Europe and significant dampening of U.S. growth due to fiscal consolidation. He said Canada‘s real gross domestic product was still expected to grow at a moderate pace.


(Reporting by Randall Palmer; Editing by Jeffrey Hodgson; and Peter Galloway)


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