U.s.-russia Reach Agreement On Syria Weapons

On September 14, 2013 by admin

AP Switzerland US Russia Syria

Security Council resolution that could authorize sanctions – even military action – if President Bashar Assad’s government fails to comply. The diplomats announced on the third day of intense negotiations in Geneva that some elements of the deal include a timetable and how Syria must comply. Notably, Kerry said they had agreed on grounds under which they might request a Security Council “Chapter 7″ resolution – authorizing both military and non-military sanctions. The U.S. and Russia are two of the five permanent Security Council members with a veto. The others are Britain, China, and France. Kerry said any violations will result in “measures” from the Security Council, while Lavrov said the violations must be sent to the Security Council from the board of the chemical weapons convention before sanctions – short of the use of force – would be considered. At a news conference at the Intercontinental Hotel in Geneva, Kerry said the inspectors must be on the ground by November and destruction or removal of the chemical weapons must be completed by mid-2014. “We have committed to a standard that says, verify and verify,” he said. Lavrov called the agreements a “decision based on consensus and compromise and professionalism.” “Any violations of procedures … would be looked at by the Security Council and if they are approved, the Security Council would take the required measures, concrete measures,” Lavrov said. “Nothing is said about the use of force or about any automatic sanctions.

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Notably, Kerry said they had agreed on grounds under which they might request a Security Council “Chapter 7″ resolution authorizing both military and non-military sanctions. The U.S. and Russia are two of the five permanent Security Council members with a veto. The others are Britain, China, and France. Kerry said any violations will result in “measures” from the Security Council, while Lavrov said the violations must be sent to the Security Council from the board of the chemical weapons convention before sanctions short of the use of force would be considered. At a news conference at the Intercontinental Hotel in Geneva, Kerry said the inspectors must be on the ground by November and destruction or removal of the chemical weapons must be completed by mid-2014. “We have committed to a standard that says, verify and verify,” he said. Lavrov called the agreements a “decision based on consensus and compromise and professionalism.” “Any violations of procedures … would be looked at by the Security Council and if they are approved, the Security Council would take the required measures, concrete measures,” Lavrov said. “Nothing is said about the use of force or about any automatic sanctions. All violations should be approved by the Security Council.” Kerry said the pair and their teams of experts had reached “a shared assessment” of Syria’s weapons stockpile and that Syria must destroy all of its weapons. The negotiations between the United States and Russia on securing Syria’s chemical weapons also are considered key to a resumption of peace talks to end the 2 -year Syrian civil war. SHARE 21 CONNECT 59 TWEET 1 COMMENTEMAILMORE Copyright 2013 The Associated Press.

Why Russia is the “cheapest” major stock market in the world

A year ago, he was putting feminist punk rockers in prison. Now hes trying to avert a US air strike on one of his allies. Russian President Vladimir Putin is flexing his diplomatic muscles as the US threatens to punish Syria after chemical weapons were used on Syrian rebels. The rebels in Syria have so far rejected the proposal. But as Putin always one to show off his machismo (see clips in the video above) makes a big splash on the world stage, the Russian stock market is crowing like a rooster alongside him. Since the start of the month, the RTS Index the Russian equivalent of the S&P 500 is up 8.2%. But thats in the short term. Russia is a volatile place, especially when it comes to its stock market. The RTS is still down 8.6% for 2013. The index is down 6% over the last three years but up 4% over the last five. (Read: How wealthy is Russian President Vladimir Putin? ) So, will Putins swagger translate into a positive year for Russias markets? To answer that question, Talking Numbers talks numbers with two market strongmen Zachary Karabell, founder and president of River Twice Research, discusses the fundamentals while Todd Gordon, founder of TradingAnalysis.com , looks at the RTS Indexs chart. Karabell says whats driving the Russian markets is bigger than its leaders posturing. Gordon says investors should keep an eye on one major commodity to see where Russia goes next.

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