“I believe we are starting on a road to bring us back to peace and prosperity,” he added. For all the oratory, the precise moment when former sworn enemies agreed to work together passed in an almost humdrum exchange of formalities. “I affirm the terms of the pledge of office as set out in Section 4 of the Northern Ireland Act 1998,” Paisley said as he was sworn in as first minister, referring to the legislation that established the power-sharing authority. McGuinness echoed the pledge a few seconds later to become Paisley’s deputy. Yet, as they shook hands in a crowd of dignitaries and supporters, there was no sign of them shaking hands with each other. The events on Tuesday at the Stormont Parliament building – once an emblem of Protestant hegemony in Northern Ireland – ended direct rule from London, which was reinstated in October 2002, after the Belfast authority was suspended in a dispute over allegations of espionage by the Irish Republican Army. The proceedings were dominated by two parties – the republicans of Sinn Fein, seeking a united Ireland, and the Democratic Unionist Party, which wants continued union with Britain – that were once seen as bitter adversaries. Paisley and McGuinness reiterated their commitment to their divergent visions of Ireland’s future. BELFAST, Northern Ireland – Paying tribute on Tuesday to the thousands of victims in one of Europe’s bloodiest sectarian conflicts, the leaders of Northern Ireland drew a formal line under decades of hostility and strife, re-establishing a power-sharing local authority of once implacable foes. Watched by dignitaries from Britain, Ireland, the United States and elsewhere, the Rev. Ian Paisley, leader of the Democratic Unionists, the dominant party among Northern Ireland’s Protestants, and Martin McGuinness, of the republican and mainly Catholic Sinn Fein party, were sworn in as leader and deputy leader, respectively, of the Northern Ireland executive government. “Today, we will witness not hype but history,” McGuinness said. Paisley, once the most strident voice of Protestant opposition to peace efforts, told reporters, “While this is a sad day for all the innocent victims of all the Troubles, yet it is a special day because we are making a new beginning.” The agreement to share power, struck in late March, followed years of negotiations in which the IRA, affiliated with Sinn Fein, abandoned its armed struggle and said it would embrace politics. Paisley dropped his refusal to share power with his republican foes. Peter Hain, Britain’s Northern Ireland minister, said the deal to restore local government “is going to stick” because “these are the two most polarized forces in Northern Ireland’s politics; they have done the deal.” In 30 years of violence known as the Troubles, more than 3,700 people died in sectarian fighting and conflict with the British Army in Northern Ireland that sometimes spilled into England in bomb attacks. Since cease-fires in the 1990s, successive British governments have struggled to cement the peace, enshrined in the 1998 Good Friday agreement. “It’s a day that no one thought ever to see, Ian Paisley of the Democratic Unionist Party in government with Martin McGuinness of Sinn Fein,” said Sydney Elliott, a professor of politics at Queen’s University here. “They have a big program of work ahead. A lot of things were neglected over the years of the conflict. There is a lot of pent-up energy here in society to make things work.” Prime Minister Tony Blair of Britain and his Irish counterpart, Bertie Ahern, attended the ceremony, each pursuing political goals. Blair is expected to announce this week that he will step down in June or early July and is seeking to build a legacy of achievement. “Look back, and we see centuries marked by conflict, hardship, even hatred among the people of these islands,” he said in a speech beside Paisley, McGuinness and Ahern. “Look forward, and we see the chance to shake off those heavy chains of history.” Ahern hailed Blair as the driving force behind the Northern Ireland peace effort and declared: “We cannot undo our sad and turbulent past. And none of us can forget the many victims of the Troubles. But we can, and are, shaping our future in a new and better way.” Ahern is seeking a third term in Irish elections on May 24; Sinn Fein is challenging his party. The combination of Paisley as first minister with McGuinness as his deputy offered a once-unthinkable constellation of personalities. Paisley long accused McGuinness of being an IRA “terrorist” and acquired the nickname “Dr. No” for his rejection of the Good Friday agreement and cooperation with his adversaries. The deal between Sinn Fein and the Democratic Unionist Party followed elections in March that enabled both to say they had a mandate to strike a deal. In chance conversations on the streets of Belfast, Protestants seemed to have more misgivings than did Catholics. Joan McCoubrey, 70, a Catholic retiree who lost a brother in 1971 early in the conflict, said, “I don’t want my grandchildren to go through what I went through.” Isabelle Fagan, 81, said, “We have all suffered, and I think it will work out.” Deborah Harbinson, 48, a Protestant homemaker, had doubts. “There are still a lot of problems left to be tackled,” she said. “There’s still hidden violence and division and few job opportunities.” The United States played an important role at various stages in the Northern Ireland negotiations. President Clinton made three visits to Northern Ireland, and President Bush came here in 2003. In 2005, however, Bush and Sen. Edward M. Kennedy, D-Mass., snubbed Gerry Adams, leader of the IRA’s political arm, when he visited Washington to register distaste at the killing of Robert McCartney, a Northern Ireland Catholic, by a group including IRA members. “Northern Ireland has shown the world that peace is possible, even in the face of tragic history,” Kennedy said in a statement after he attended the ceremony as part of an American delegation.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!
New Delhi: Nov 11, 2017 (PTI) EDITORS: Photos with Captions released today. To view thumbnails of these Photographs, visit PTI website at..http.//www.ptinews.com NATIONAL New Delhi: Workers protest dharna (A+B) Gandhinagar: Rahul Gandhi in Gandhinagar (A+B) Patna: 129th birth anniversary and the Shikshak Diwas (A+B) Kolkata: Boys playing football (A) Kolkata: Baghini movie shooting (B) Mumbai: Mudhuri Dixit in radio4child awards (B) Bodhgaya: Sonu Nigam at Mahabodhi temple (B) New Delhi: ABVP students protest at Kerala House (A+B) Varanasi: Fog and cold (A) Mumbai: BMC Worker fumigating (B) Amritsar: Smog in Punjab (A) INTERNATIONAL Clichy la Garenne: Demonstration against Muslim street prayers (B) Belfast : A Flybe plane on the tarmac at Belfast International Airport (B) Chicago: Chicagos El train moves along the snow covered track (A) Alaska: First lady Melania Trump listens as children (B) Undated: Rescue operation at sea in international waters off the coast of Libya (B) Undated: US-Japan joint military exercise (B) Danang : APEC Economic Leaders Meeting (B+A) Karachi: Made in Pakistan Fashion Showcase 2017 (B) Manila : Protest rally near the U.S. Embassy (B) Shah Porir Dwip : Rohingya Muslims crossed over from Myanmar into Bangladesh (B) Sanaa : People gather at the site of a Saudi-led airstrike (B) SPORTS Sao Paulo : Mercedes driver Lewis Hamilton poses for a selfie with a fan (B) Guwahati: Ranji cricket match (B) Kolkata: Sri Lanka warm up match (B+A) PTI PHOTO HS DL OSS
zoomIllustration. Image Courtesy: Pexels under CC0 Creative Commons license London Maritime Arbitrators Association has ruled against Hong Kong-based shipbuilding company China Ocean Industry Group in an arbitration proceeding in relation to the construction of four ships, ordering the shipbuilder to refund over USD 112 million to an unnamed customer.The arbitration procedure was launched in August 2018, after the company failed to reach a deal with the customer over delayed deliveries of four ships.According to the arbitration ruling, the customer was entitled to rescind or cancel the shipbuilding contracts, and as such, the client in question in entitled to repayment of made installments in full, plus interest, bringing the total refund value to USD 112.1 million.What is more, the group has been ordered to bear the costs on indemnity basis as well as arbitration award costs totaling in approximately USD 732,000 (GBP 577,885). China Ocean Industry Group said it plans to settle the payment from bank financing.As a result of the decision, on January 3, 2019, the company, Jiangxi Shipbuilding and Jiangsu Yangzi Xinfu Shipbuilding Co entered into a framework agreement for the acquisition, construction and onward transfer of one of the four vessels which has been rescinded by the customer.Under the terms of the deal, the vessel will be put on sale on an as-is basis by way of public auction with a starting price of USD 8 million.Yangzi Xinfu Shipbuilding, an indirect subsidiary of Yangzijiang Shipbuilding, agreed to bid USD 8 million for the vessel. Should the bid price exceed USD 8 million, Yangzi Xinfu Shipbuilding would not be obliged to place any additional bids.“Should Yangzi Xinfu Shipbuilding succeed in the bid and upon completion of the construction of the rescinded vessel, the group shall enjoy a first right to repurchase the rescinded vessel from Yangzi Xinfu Shipbuilding at USD 16 million together with interest at 12% per annum,” the group said.China Ocean Industry explained that the arrangement is in line with the cooperation framework between the group and Yangzijiang Shipbuilding, which enables Jiangzhou Shipbuilding to reorganize its shipbuilding business and to deal with the vessels under the shipbuilding contracts which have been cancelled or rescinded to minimize the financial impact on the group.In total, the yard has faced hurdles in timely delivery of seven vessels.
APTN National NewsThis week the federal government tabled the First Nations Financial Transparency Act.It would require all First Nations to make public the salaries of their chief and council.It would also make financial statements of their operations accessible to the public.The Federation of Saskatchewan Indians says it welcomes the transparency and accountability it will bring.They hope how, the government will spend their time and energy on addressing important issues like housing, education and safe drinking water.In the past, the FSIN has repeatedly called for a First Nations auditor general’s office.