UNCONFIRMED REPORTS OF THE SHOT DOWN OF TWO USA FIGHTER JETS OVER THE NORTH KOREAN PENINSULA HAS FURTHER INTENSIFIED THE RISING SECURITY TENSION BETWEEN PYONGYANG AND THE USA WITH SOUTH KOREA.

UNCONFIRMED REPORTS OF THE SHOT DOWN OF TWO USA FIGHTER JETS OVER THE NORTH KOREAN PENINSULA HAS FURTHER INTENSIFIED THE RISING SECURITY TENSION BETWEEN PYONGYANG AND THE USA WITH SOUTH KOREA.

      Unconfirmed reports of the shot down of two USA fighter jets over the North Korean Peninsula near China Sea has further escalated the rising security tension between Pyongyang and the USA with South Korea that may renew the military skirmishes between North and South Korea on both sea and the demilitarized buffer zone. The shot down of the two USA military aircraft have been believed to have been shot down by the North Korean Air Defense Forces after repeated violation of North Korean airspace during a joined military exercise on the Korean Peninsula and China Sea. However, the United Nations last Resolution against North Korea threats of use of long range missiles that are capable to destroy targets as far as Hawai and the USA coasts has remained in effect at the intensified sanction, inspite of North Korea, Syria and Iran rejection of the United Nations Arms Trade Treaty for the regulation and control of weapons trade, or sale in the World.

                                          Written by Professor Godfrey Ohia.

THE UNITED NATIONS VOTED UNANIMOUSLY FOR THE ULTIMATUM THAT WILL DISBAND THE REBEL MOVEMENTS IN CONGO AND CENTRAL AFRICA REPUBLIC.

THE UNITED NATIONS VOTED UNANIMOUSLY FOR THE ULTIMATUM THAT WILL DISBAND REBEL MOVEMENTS IN CONGO AND CENTRAL AFRICA REPUBLIC.

      The United Nations voted unanimously early morning today for the ultimatum that will will disband rebel movements in two African countries of Congo and Central Africa Republic respectively. This would involve the United Nations Peace Keeping Forces for the first time in history in active combat mission and in the occupation of a sovereign independent nation, if both the two rebel forces fail to comply with the United Nations demands which surprisingly have been the apparent halt of rebel forces involvement in massive rape and abuses of innocent civilian citizens in both Congo and Central Africa Republic, besides the demand for President Michel Djobodia to relinquish power after successful rebel forces occupation of the Central Africa capital city  Banque by external military force that emerged from the forest, rather than from within the military of Central Africa Republic.

                                            Written by Professor Godfrey Ohia.

INVESTORS EXPRESSED DOUBT ABOUT CYPRUS NEW BANK REGULATIONS THAT MAY HELP CYPRUS OVERCOME ITS CURRENT FINANCIAL CRISIS AND MAINTAIN CYPRUS FAVORABLE INVESTMENT POLICY.

INVESTORS EXPRESSED DOUBT ABOUT CYPRUS NEW BANK REGULATIONS THAT MAY HELP CYPRUS OVERCOME ITS CURRENT FINANCIAL CRISIS AND MAINTAIN CYRUS FAVORABLE INVESTMENT POLICY.

       Banks in Cyprus have reopened early morning today and resumed normal bank system function with strict limitation on domestic and foreign transactions that set limits on domestic ATM withdrawals and foreign money transfer at the amounts of a hundred euros and five thousand euros respectively as required by Cyprus bank new regulations for the control of money flow within and out of the country. Many citizens in the capital Nakosia and in the nearby towns have line-up since early morning today to make withdrawals, or money transfer, despite the limitations imposed on them for money withdrawals, or money transfer from their accounts that exceeded the specified amounts. Some sources have expressed doubt about Cyprus new bank regulations that may help Cyprus overcome its current financial crisis and maintain Cyprus favorable investment policy.

                                               Written by Professor Godfrey Ohia.

THE ARAB LEAGUE SUMMIT FOCUSED MAINLY ON THE WORSENING SECURITY CONDITION IN SYRIA WITH THE VACANT SEATS FOR GOVERNMENTS AND OPPOSITION WITHIN THE ARAB ZONE MEMBER COUNTRIES.

THE ARAB LEAGUE SUMMIT FOCUSED MAINLY ON THE WORSENING CONDITION IN SYRIA WITH THE VACANT SEATS FOR GOVERNMENTS AND THE OPPOSITION WITHIN THE ARAB ZONE MEMBER COUNTRIES.

        The Arab League Summit held in Doha the capital city of Qatar focused its scheduled sessions that begun yesterday on the worsening security condition in Syria with the vacant seats in the Arab League Summit for governments and the Opposition within the Arab zone member countries after the United Nations announcement of the pull out of its aid workers with the professionals peace keeping forces from insecure regions in Syria, while the Opposition goverment representatives in Syria have taken over their seats in the Arab World countries Summit, but Southern Sudan seat in the Arab League Summit remained vacant. This may further strain the debates on the theme whether Southern Sudan should remain an Arab World country after the independence and take part in the Arab World Summits and problems, or should dropout of the membership of the Arab World countries and join other Organizations such as the Organization of the African Unity.

                                                Written by Professor Godfrey Ohia.
    

CYPRUS FIRST PRESIDENTIAL ANNOUNCEMENT DURING THE FINANCIAL CRISIS EMPHASIZED REGRET FOR COMPLIANCE WITH THE PAINFULL EUROPEAN UNION FINANCE MEASURES.

CYPRUS FIRST PRESIDENTIAL ANNOUNCEMENT DURING THE FINANCIAL CRISIS EMPHASIZED REGRET FOR COMPLIANCE WITH THE PAINFULL EUROPEAN UNION FINANCE MEASURES.

      Cyprus first Presidential announcement during the financial crisis emphasized President Nicos Anastasiades regret for compliance with the painfull European Union finance measures that have been expected to ease, or remove Cyprus from the current financial crisis in the bank sector, despite the the Parliament's and the citizens rejection of the European Union finance measures. Banks may remain closed untill Thursday and banks transactions in domestic and foreign ATM deposits, or withdrawals will remain frozen for the extended period of time. Some sources have speculated on the extended closer of the banks in Cyprus as the means that will prevent abrupt, or rather drastic closer of foreign bank accounts and Investment businesses in Cyprus, before the flow of the allocated European Union cash money in to Cyprus bank sector. However, some countries, foreign investment businesses and personal accounts with higher stakes Investments in Cyprus bank sector, or millions to billions of dollars accounts in Cyprus banks have demanded the restructure of the thirty percent (30%) bank fees on saving accounts that exceeded the sum of a hundred thousand euros.

                                             Written by professor Godfrey Ohia.

THE GOVERNMENT AND THE PARLIAMENT LACK OF COMPROMISE ON THE EUROPEAN UNION MEASURES OVER THE CONTROVERSIAL FINANCE CRISIS IN CYPRUS BANK SECTOR.

THE GOVERNMENT AND THE PARLIAMENT LACK OF COMPROMISE ON THE EUROPEAN UNION MEASURES OVER THE CONTROVERSIAL FINANCE CRISIS IN CYPRUS BANK SECTOR.

      Citizens in Cyprus have remained confused as the European Union finance measures have begun to take effect with the government acceptance, despite the Parliament repeated rejection of the measures that may change the majority government members of Parliament to Opposition members of Parliament, due to the controversial finance crisis in Cyprus bank sector. However, the European Union government emphasized the requirement to impose the measures it believed would solve the finance crisis in the Eurozone country that automatically became a European Union member country after Greece acceptance to the Union. The allocated sum of ten billion euros in bailout for Cyprus after compliance with the European Union measures that have qualified Cyprus for future European Union Rescue Packages will exempt savings in bank accounts that are less than the specified amount of a hundred thousand euros, but will increase deduction on the saving accounts that are worth the sum of a hundred thousand euros, or over by thirty percent (30%). Russia has on the other hand complained bitterly against the European Union measures as theft and measures that will spoil Europe's favorite investment country.

                                         Written by Professor Godfrey Ohia.

THE GERMAN PARLIAMENT HAS REQUIRED THE RESTRUCTURE OF THE BANK SECTOR AND FINANCE SYSTEM IN CYPRUS IN ITS FIRST DEBATE ON CYPRUS FINANCE CRISIS.

GERMAN PARLIAMENT HAS REQUIRED THE RESTRUCTURE OF THE BANK SECTOR AND THE FINANCE SYSTEM IN CYPRUS IN ITS FIRST DEBATE ON CYRUS FINANCE CRISIS.

       The German Parliament also known as the Bundestag has begun its extended debates for the solution of the finance crisis being sought in Cyprus and elsewhere after the Russian President Medvetvef postponed Russia's effort toward the solution of the finance crisis in Cyprus. However, the finance advisors in the German Parliament have required the restructure of the bank sector and the finance system in Cyprus, besides the limit set in the allocated European Union Finance Rescue Packages worth the sum of six billion euros, instead of the previously suggested sums of ten to thirty billion euros for Cyprus. Reasons for the European Union Finance Rescue Package allocation to a none member has been attributed to the location of Cyprus within the Eurozone with its financial, markets performance and economic growth effect on the neighboring European Union member nations such as Greece, Italy, France and Germany.

                                  Written by Professor Godfrey Ohia.