Shatrughan joins Jethmalani and Yashwant, calls for Gadkari's exit

PATNA: In mounting dissidence, BJP leader Shatrughan Sinha on Saturday joined Ram Jethmalani and Yashwant Sinha in demanding the resignation of party President Nitin Gadkari facing allegations of corruption.

"The issue raised by them (Jethmalani and Yashwant Sinha) should be looked at seriously," Shatrughan Sinha, BJP Lok Sabha member from Patna Sahib, told reporters here in replying to a question whether he agreed with the other two BJP leaders' demand for Gadkari's resignation.

The actor-turned-BJP leader said "he (Gadkari) is a friend but a person occupying a responsible post should not only be honest but should also be seen as honest."

Jethmalani, while demanding Gadkari's resignation, had claimed some other BJP leaders were with him on the demand for Gadkari's exit as party chief.

The campaign for the resignation of beleagured Gadkari had recently got fresh ammunition with Yashwant Sinha demanding that he step down immediately. Earlier, Jethmalani and his son Mahesh had made the demand in the wake of reports of alleged dubious financing of Purti Sugar and Power Group, which was promoted by Gadkari.

Praising Yashwant Sinha and Ram Jethmalani, Shatrughan Sinha said they are capable persons and have all the qualification to become Prime Minister of the country. "But among the present leaders in BJP, LK Advani is the best candidate for the PM's post."

Shatrughan Sinha endorsed Jethmalani's views on the appointment of Ranjit Sinha, a Bihar cadre IPS officer, as CBI director.

"An important organisation like CBI cannot be kept headless ... The appointment of its new director has been done in a fair manner," he told PTI.

Ranjit Sinha is the senior most IPS officer and a "competent" officer to occupy the responsible post of CBI Director, he added.

Jethmalani flayed BJP during the day for criticising the appointment of new CBI Director and had said the government's decision has averted a national calamity".

Leaders of the opposition in Parliament Sushma Swaraj and Arun Jaitley had written to Prime Minister Manmohan Singh demanding that the decision on the appointment of Ranjit Sinha be kept in abeyance.

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AP PHOTOS: Simple surgery heals blind Indonesians

PADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.

Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk Ruit. During eight days, more than 1,400 cataracts were removed.

The patients camped out, sleeping side-by-side on military cots, eating donated food while fire trucks supplied water for showers and toilets. Many who had given up hope of seeing again left smiling after their bandages were removed.

"I've been blind for three years, and it's really bad," said Arlita Tobing, 65, whose sight was restored after the surgery. "I worked on someone's farm, but I couldn't work anymore."

Indonesia has one of the highest rates of blindness in the world, making it a target country for Ruit who travels throughout the developing world holding free mass eye camps while training doctors to perform the simple, stitch-free procedure he pioneered. He often visits hard-to-reach remote areas where health care is scarce and patients are poor. He believes that by teaching doctors how to perform his method of cataract removal, the rate of blindness can be reduced worldwide.

Cataracts are the leading cause of blindness globally, affecting about 20 million people who mostly live in poor countries, according to the World Health Organization.

"We get only one life, and that life is very short. I am blessed by God to have this opportunity," said Ruit, who runs the Tilganga Eye Center in Katmandu, Nepal. "The most important of that is training, taking the idea to other people."

During the recent camps, Ruit trained six doctors from Indonesia, Thailand and Singapore.

Here, in images, are scenes from the mobile eye camps:

Read More..

'Dallas' Star Larry Hagman Dead at 81













Larry Hagman, who emerged in the 1960s as the slightly befuddled astronaut in "I Dream of Jeannie," then became a major star in the 1980s primetime soap "Dallas," playing evil oil baron J.R. Ewing, has died. He was 81.


Hagman's cause of death was due to complications related to his battle with cancer according to his family.


Linda Gray, who played Hagman's on-screen wife on "Dallas" was at the actor's bedside when he died.


"He brought joy to everyone he knew. He was creative, generous, funny, loving and talented, and I will miss him enormously. He was an original and lived life to the fullest," Gray said in a statement released through her publicist.


Warner Bros."Dallas" executive producers Cynthia Cidre and Michael M. Robin, and the show's cast and crew released the following statement today: "Larry Hagman was a giant, a larger-than-life personality whose iconic performance as J.R. Ewing will endure as one of the most indelible in entertainment history. He truly loved portraying this globally recognized character, and he leaves a legacy of entertainment, generosity and grace. Everyone at Warner Bros. and in the "Dallas" family is deeply saddened by Larry's passing, and our thoughts are with his family and dear friends during this difficult time."


Hagman inherited the acting gene from his mother, Broadway musical legend Mary Martin. He'd had roles in television programs 20 years prior to "Dallas," including "I Dream of Jeannie" from 1965-70.


"Dallas," which debuted in 1978 on CBS and had an astonishing 13-year run, centered on the Ewings, a family of Texas oil barons who had money, cattle, and more scandals and power struggles than the Kardashians.






AP Photo/Dr. Scott M. Lieberman









The original strategy behind "Dallas" was to focus on the newly-married Bobby and Pam Ewing. But Hagman made his role more than the producers had intended, and he quickly became the focus of the program.


When TNT revived the program earlier this year, he was the undisputed power villain.


"All of us at TNT are deeply saddened at the news of Larry Hagman's passing. He was a wonderful human being and an extremely gifted actor," TNT officials said in a statement. "We will be forever thankful that a whole new generation of people got to know and appreciate Larry through his performance as J.R. Ewing. Our thoughts and prayers are with his family at this very difficult time.


VIEW: "Dallas" Then and Now


But though he may be best known as a villain, Hagman used his fame to try to give back.


In addition to actively supporting charities like the National Kidney Foundation and, in what might seem an irony, efforts to develop solar power, Hagman just last month announced the formation The Larry Hagman Foundation, to fund education programs promoting the fine arts and creative learning opportunities for economically disadvantaged children in Dallas.


Hagman began his acting career in the late 1950s, but it wasn't until "I Dream of Jeannie" premiered in 1965 that he found himself a star. He played Anthony Nelson, an astronaut who during a mission finds an unusual bottle, and when he opens it, out pops a genie named Jeannie -- Barbara Eden.


Through the series' five-year run, Jeannie found new ways to make Hagman's life difficult, as she tried to serve her "master."


Though Hagman continued to work regularly after "I Dream of Jeannie" ended in 1970, it wasn't until "Dallas" hit the air in 1978, that he again struck a chord with audiences.


The show was originally only supposed to be a five-episode miniseries, but the show caught on so quickly, that it was extended and eventually became a series that would become the highest rated TV show of all time.


Unlike many TV stars, who find themselves playing variations on the same character over and over, the Hagman viewers saw in J.R. Ewing was worlds away from Major Nelson.


While the astronaut was always at wits end, trying to keep Jeannie a secret and trying to prove to the base psychiatrist that he was sane, Ewing was a man who seemed completely in control of his world, wheeling and dealing, backstabbing and cheating on his wife.



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Gaza ceasefire holds but mistrust runs deep

GAZA/JERUSALEM (Reuters) - A ceasefire between Israel and Hamas held firm on Thursday with scenes of joy among the ruins in Gaza over what Palestinians hailed as a victory, and both sides saying their fingers were still on the trigger.


In the sudden calm, Palestinians who had been under Israeli bombs for eight days poured into Gaza streets for a celebratory rally, walking past wrecked houses and government buildings.


But as a precaution, schools stayed closed in southern Israel, where nerves were jangled by warning sirens - a false alarm, the army said - after a constant rain of rockets during the most serious Israeli-Palestinian fighting in four years.


Israel had launched its strikes last week with a declared aim of ending rocket attacks on its territory from Gaza, ruled by the Islamist militant group Hamas, which denies Israel's right to exist. Hamas had responded with more rockets.


The truce brokered by Egypt's new Islamist leaders, working with the United States, headed off an Israeli invasion of Gaza.


It was the fruit of intensive diplomacy spurred by U.S. President Barack Obama, who sent his secretary of state to Cairo and backed her up with phone calls to Israeli Prime Minister Benjamin Netanyahu and Egyptian President Mohamed Mursi.


Mursi's role in cajoling his Islamist soulmates in Gaza into the U.S.-backed deal with Israel suggested that Washington can find ways to cooperate with the Muslim Brotherhood leader whom Egyptians elected after toppling former U.S. ally Hosni Mubarak, a bulwark of American policy in the Middle East for 30 years.


Mursi, preoccupied with Egypt's economic crisis, cannot afford to tamper with a 1979 peace treaty with Israel, despite its unpopularity with Egyptians, and needs U.S. financial aid.


MORE DEATHS


Despite the quiet on the battlefield, the death toll from the Gaza conflict crept up on both sides.


The body of Mohammed al-Dalu, 25, was recovered from the rubble of a house where nine of his relatives - four children and five women - were killed by an Israeli bomb this week.


That raised to 163 the number of Palestinians killed, more than half of them civilians, including 37 children, during the Israeli onslaught, according to Gaza medical officials.


Nearly 1,400 rockets struck Israel, killing four civilians and two soldiers, including an officer who died on Thursday of wounds sustained the day before, the Israeli army said.


Israel dropped 1,000 times as much explosive on the Gaza Strip as landed on its soil, Defense Minister Ehud Barak said.


Municipal workers in Gaza began cleaning streets and removing the rubble of bombed buildings. Stores opened and people flocked to markets to buy food.


Jubilant crowds celebrated, with most people waving green Hamas flags but some carrying the yellow emblems of the rival Fatah group, led by Western-backed President Mahmoud Abbas.


That marked a rare show of unity five years after Hamas, which won a Palestinian poll in 2006, forcibly wrested Gaza from Fatah, still dominant in the Israeli-occupied West Bank.


Israel began ferrying tanks northwards, away from the border, on transporters. It plans to discharge gradually tens of thousands of reservists called up for a possible Gaza invasion.


But trust between Israel and Hamas remains in short supply and both said they might well have to fight again.


"The battle with the enemy has not ended yet," Abu Ubaida, spokesman of Hamas's armed wing Izz el-Deen Al-Qassam Brigades, said at an event to mourn its acting military chief Ahmed al-Jaabari, whose killing by Israel on November 14 set off this round.


"HANDS ON TRIGGER"


The exiled leader of Hamas, Khaled Meshaal, said in Cairo his Islamist movement would respect the truce, but warned that if Israel violated it "our hands are on the trigger".


Netanyahu said he had agreed to "exhaust this opportunity for an extended truce", but told Israelis a tougher approach might be required in the future.


Facing a national election in two months, he swiftly came under fire from opposition politicians who had rallied to his side during the fighting but now contend he emerged from the conflict with no real gains for Israel.


"You don't settle with terrorism, you defeat it. And unfortunately, a decisive victory has not been achieved and we did not recharge our deterrence," Shaul Mofaz, leader of the main opposition Kadima party, wrote on his Facebook page.


In a speech, Ismail Haniyeh, Hamas's prime minister in Gaza, urged all Palestinian factions to respect the ceasefire and said his government and security services would monitor compliance.


According to a text of the agreement seen by Reuters, both sides should halt all hostilities, with Israel desisting from incursions and targeting of individuals, while all Palestinian factions should cease rocket fire and cross-border attacks.


The deal also provides for easing Israeli curbs on Gaza's residents, but the two sides disagreed on what this meant.


Israeli sources said Israel would not lift a blockade of the enclave it enforced after Hamas won a Palestinian election in 2006, but Meshaal said the deal covered the opening of all of the territory's border crossings with Israel and Egypt.


Israel let dozens of trucks carry supplies into the Palestinian enclave during the fighting. Residents there have long complained that Israeli restrictions blight their economy.


Barak said Hamas, which declared November 22 a national holiday to mark its "victory", had suffered heavy military blows.


"A large part of the mid-range rockets were destroyed. Hamas managed to hit Israel's built-up areas with around a metric tone of explosives, and Gaza targets got around 1,000 metric tonnes," he said.


He dismissed a ceasefire text published by Hamas, saying: "The right to self-defense trumps any piece of paper."


He appeared to confirm, however, a Hamas claim that the Israelis would no longer enforce a no-go zone on the Gaza side of the frontier that the army says has prevented Hamas raids.


(Additional reporting by Noah Browning in Gaza, Ori Lewis, Crispian Balmer and Dan Williams in Jerusalem; Writing by Jeffrey Heller and Alistair Lyon; Editing by Giles Elgood)


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Doctors "ethically bound" not to charge unfair fees: SMC






SINGAPORE: Doctors here are ethically bound not to charge unfair and unreasonable fees for their services, said the Singapore Medical Council's (SMC) lawyers in a 190-page statement.

The statement was a response to prominent surgeon Susan Lim's appeal against her three-year suspension and S$10,000 fine for professional misconduct.

The council had found Dr Lim guilty of 94 charges, the bulk of which involved overcharging the late sister of Brunei's Queen, whose bills amounted to S$24.8 million for care rendered in 2007.

In her appeal, Dr Lim, 57, argued, among several other things, that Singapore does not have any guidelines or a cap on what a doctor can charge a patient.

According to documents submitted to the court, SMC's lawyers from WongPartnership pointed out that "there is an intrinsic ethical limit prohibiting doctors from charging unfair and unreasonable fees".

"Excessive charging undermines the foundation of any profession based on honour, trust and integrity", they said.

Drawing reference from the legal fraternity, SMC's lawyers argued that the principles of honour and integrity apply to the medical profession with or without written rules in their ethical guidelines.

Pointing out that Dr Lim's fees are in "an extraordinary class of exorbitance on its own", they also said that the assessment of a practitioner's fee is determined objectively by her peers.

While Dr Lim has insisted that the fees were agreed between her and her patient, the SMC's disciplinary committee ruled otherwise.

Even if there was a fee agreement, "that does not mean that it is ethical … for a doctor to charge excessive fees", the lawyers said.

"As a concomitant, whilst a fee agreement can be valid under general contract law, that does not mean that the agreement is ethical under the rules of professional conduct," they added.

In the legal profession, for example, the courts have also previously ruled that solicitors might be found guilty of overcharging despite having a fee agreement, the lawyers noted.

They reiterated that the case is not one of inadvertence or negligence - Dr Lim knew what she was doing was wrong.

Not showing remorse, she continued to assert that there was nothing wrong with her conduct, the lawyers said.

They reiterated that "it is not the SMC's intention to make a public example of Dr Lim".

The SMC is charged with the statutory duty to regulate the conduct and ethics of registered medical practitioners, and to uphold the standards and reputation of the medical profession, the lawyers said.

"And it is a matter of fundamental importance… that practitioners refrain from levying grossly excessive, unfair and unreasonable fees that bring the entire profession into disrepute," said the lawyers.

It is "equally important that medical practitioners maintain the highest standards of integrity in their billing practices", they said.

"That, however, is precisely what Dr Lim has not done."

The court is scheduled to hear Dr Lim's appeal in January 2013.

- TODAY/jc



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Map row: India calls China's action 'unacceptable', hits back

NEW DELHI/BEIJING: India on Friday termed as "unacceptable" China depicting Arunachal Pradesh and Aksai Chin as its territory in maps of the country on their new e-passports, a step that led to retaliatory action by New Delhi.

China sprung the surprise on India when it showed these territories as part of its own in the maps on their new e-passports.

The Indian embassy in Beijing responded by issuing visas to Chinese nationals with a map of India including Arunachal and Aksai Chin as part of its territory.

In India's first official reaction, external affairs minister Salman Khurshid said, "We are not prepared to accept it."

"We, therefore, ensure that our flags of disagreement are put out immediately when something happens. We can do it in an agreeable way or you can do it in a disagreeable way," he told NDTV.

China, on its part, sort of fudged the issue with its foreign ministry spokesperson saying that the matter should be dealt with in a "level headed and rational manner" to avoid "unnecessary disruptions" to people to people exchanges.

"Hope the countries regard it in a cool-headed manner. China would like to maintain communication with other counties to ensure convenience of travel for both Chinese and foreigners", she said in Beijing.

After the Chinese government started issuing new e-passports, carrying pages with watermark Chinese maps including Arunachal and Aksai Chin as its parts, India hit back by issuing visas to Chinese nationals with a map of India including these places as part of its territory.

Earlier also, China had triggered a diplomatic row by issuing stapled visas to residents of Jammu and Kashmir, terming it as a "disputed territory" and denied visas to those hailing from Arunachal Pradesh.

Peeved over this action, India lodged a strong protest with China which subsequently reverted to issuing normal visas to residents of Jammu and Kashmir but without officially admitting that they were doing so.

China's claim to Aksai Chin and Arunachal Pradesh, which shares a 1,030km unfenced border with it, is not new.

In 1962, China and India fought a brief war over Aksai Chin and Arunachal Pradesh, but in 1993 and 1996 the two countries signed agreements to respect the Line of Actual Control (LAC) to maintain peace and tranquility.

Significantly, these developments occur even as a high- level team of Chinese diplomats, for the first time, visited Sikkim in connection with consular issues, which was seen as reconfirmation of Beijing's stance of accepting the state as part of India.

The development comes even as Prime Minister Manmohan Singh met his Chinese counterpart Wen Jiabao on the sidelines of the Asean summit in Cambodia where the two leaders discussed ways to move forward on the vexed boundary issue.

National security adviser Shivshankar Menon is expected to visit Beijing soon for the next round of boundary talks at the level of special representatives with his Chinese counterpart Dai Bingguo.

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AP PHOTOS: Simple surgery heals blind Indonesians

PADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.

Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk Ruit. During eight days, more than 1,400 cataracts were removed.

The patients camped out, sleeping side-by-side on military cots, eating donated food while fire trucks supplied water for showers and toilets. Many who had given up hope of seeing again left smiling after their bandages were removed.

"I've been blind for three years, and it's really bad," said Arlita Tobing, 65, whose sight was restored after the surgery. "I worked on someone's farm, but I couldn't work anymore."

Indonesia has one of the highest rates of blindness in the world, making it a target country for Ruit who travels throughout the developing world holding free mass eye camps while training doctors to perform the simple, stitch-free procedure he pioneered. He often visits hard-to-reach remote areas where health care is scarce and patients are poor. He believes that by teaching doctors how to perform his method of cataract removal, the rate of blindness can be reduced worldwide.

Cataracts are the leading cause of blindness globally, affecting about 20 million people who mostly live in poor countries, according to the World Health Organization.

"We get only one life, and that life is very short. I am blessed by God to have this opportunity," said Ruit, who runs the Tilganga Eye Center in Katmandu, Nepal. "The most important of that is training, taking the idea to other people."

During the recent camps, Ruit trained six doctors from Indonesia, Thailand and Singapore.

Here, in images, are scenes from the mobile eye camps:

Read More..

Shoppers Descend on Black Friday Deals













Black Friday got off to its earliest start ever as many shoppers cleared the table of Thanksgiving dinner and headed straight to the malls and big-box retailers across the nation to snag goods at bargain prices.


More than 10,000 people were wrapped around Macy's flagship store in New York City before the doors opened at midnight this morning. Across the country, up to 147 million people are expected to shop at some point this weekend.


Thousands lined up outside a Target in Chicago ahead of a 9 p.m. start time.


"I'm here because my mom is making me, because she said I couldn't eat any of the Thanksgiving food if I didn't hold her place in line," Alex Horton told ABC News station WLS-TV in Chicago Thursday.


Many critics panned the early start this year, saying it cuts into quality time that should be spent with family and friends.



PHOTOS: Black Friday Shoppers Hit Stores


Chicago resident Claudia Fonseca got creative and took Thanksgiving to go.


"We brought a plate, but that's about it, we've been here since 11 a.m. And that's it," Fonseca told WLS Thursday.


Black Friday makes headlines every year, but not always for the right reason as violence has become linked to the day after Thanksgiving tradition.






AP Photo/Damian Dovarganes











Black Friday Holiday Shopping Bargains and Pitfalls Watch Video









Black Friday Shoppers Brave Long Lines, Short Tempers Watch Video







In Los Angeles, police aren't taking any chances with the LAPD deploying dozens of extra officers around the city to make sure things don't get out of hand.


Ontario Mills shopping mall in Los Angeles opened at midnight last year, but decided to give excited shoppers a two-hour head start to get their hands on the cut-rate deals, especially for electronics.


"This is my first year," Gabriela Mendoza told ABC News station KABC-TV Thursday. "I tried to stay away from this but I've heard it's really exciting so, I'm looking forward to it."


Things have been relatively calmer compared to the incident last year when a woman was accused of unleashing pepper spray on other shoppers in a dash for electronics at Walmart in Los Angeles.


The Black Friday madness kicked off Thursday when a south Sacramento, Calif., Kmart opened its doors at 6 a.m. Thursday. A shopper in a line of people that had formed nearly two hours earlier reportedly threatened to stab the people around him.


At two Kmarts in Indianapolis, police officers were called in after fights broke out among shoppers trying to score vouchers for a 32-inch plasma TV going for less than $200, police told ABC News affiliate RTV6. No injuries or arrest were made.


Stores have taken preventive measures in hopes of shoppers and tempers at ease, where safety is the main concern for everyone involved.


Mall of America has tightened its Black Friday policies and will bar unaccompanied minors from the megamall all day today. After a chair-throwing melee last year after Christmas, which was captured on smartphones and posted online, the mall is taking steps to prevent any repeat.


At the Arden Fair Mall in Sacramento, Calif., security planned to place barricades at the mall entrance to control the crowds and officials planned to double the number of security officers.


ABC News' John Schriffen and Sarah Netter contributed to this report.



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Gaza ceasefire takes hold but mistrust runs deep

GAZA/JERUSALEM (Reuters) - A ceasefire between Israel and Hamas took hold on Thursday with scenes of joy among the ruins in Gaza over what Palestinians hailed as a victory, and both sides saying their fingers were still on the trigger.


Quiet reigned on both sides of the border and Palestinians who had been under Israeli bombardment for eight days poured into the streets of Gaza for a celebratory rally, walking past wrecked houses and government buildings.


But as a precaution, schools stayed closed in southern Israel, where nerves were jangled by warning sirens - a false alarm, the army said - after a constant rain of rockets during the most serious Israeli-Palestinian fighting in four years.


Israel had launched its strikes last week with a declared aim of ending rocket attacks on its territory from Gaza, ruled by the Islamist militant group Hamas which denies Israel's right to exist. Hamas had responded with more rockets.


The truce brokered by Egypt's new Islamist government, working with the United States, prevented - at least for now - an Israeli invasion of Gaza.


Gaza medical officials said 162 Palestinians, more than half of them civilians including 37 children, were killed in the conflict. Nearly 1,400 rockets were fired into Israel, killing four civilians and two soldiers, including an officer who died on Thursday of wounds sustained on Wednesday, the Israeli army said.


Israel's defense minister, Ehud Barak, said it dropped 1,000 times as much explosive on the Gaza Strip as had landed in Israel.


Municipal workers in Gaza began cleaning streets and removing the rubble of buildings bombed in Israel's air strikes. Stores opened and people flocked to markets to buy food.


"Israel learnt a lesson it will never forget," said 51-year-old Khalil al-Rass from Beach refugee camp in the city of Gaza.


Jubilant crowds celebrated in Gaza, in a rare show of Palestinian unity five years after a brief civil war in which Hamas, elected to govern in a 2006 poll, wrested the territory from the rival Fatah movement that controls the West Bank.


Most of those celebrating on Thursday waved green Hamas flags but there were also hundreds with the yellow emblems of Fatah, led by Western-backed President Mahmoud Abbas.


He phoned Gaza chief and prime minister, Ismail Haniyeh, to "congratulate him on the victory and extend condolences to the families of the martyrs", Haniyeh's office said.


In rocket-hit towns in southern Israel, schools remained closed as a precaution. Nerves were jangled when warning sirens sounded, in what the military quickly said was a false alarm.


Trust was in short supply. The exiled leader of Hamas, Khaled Meshaal, said his Islamist movement would respect the truce if Israel did, but would respond to any violations.


"If Israel complies, we are compliant. If it does not comply, our hands are on the trigger," he told a news conference in Cairo.


Israeli Prime Minister Benjamin Netanyahu said he had agreed to "exhaust this opportunity for an extended truce", but told his people a tougher approach might be required in the future.


Facing a national election in two months, he swiftly came under fire from opposition politicians who had rallied to his side during the fighting but now contend he emerged from the conflict with no real gains for Israel.


"You don't settle with terrorism, you defeat it. And unfortunately, a decisive victory has not been achieved and we did not recharge our deterrence," Shaul Mofaz, leader of the main opposition Kadima party, wrote on his Facebook page.


BLOCKADE


Israel planned to discharge gradually tens of thousands of reservists called up for a possible Gaza invasion. The first tanks were seen being ferried north, away from the border, on transporters on Thursday.


In a speech, Haniyeh appealed to all Palestinian groups in Gaza to respect the ceasefire and cautioned that the "relevant government and security services" would monitor compliance.


Both sides quickly began offering differing interpretations of the ceasefire, which highlighted the many actual or potential areas of discord.


According to a text of the agreement seen by Reuters, both sides should halt all hostilities, with Israel desisting from incursions and targeting of individuals, while all Palestinian factions should cease rocket fire and cross-border attacks.


The deal also provides for easing Israeli restrictions on Gaza's residents, who live in what British Prime Minister David Cameron has called an "open prison".


The text said procedures for implementing this would be "dealt with after 24 hours from the start of the ceasefire".


Israeli sources said Israel would not lift a blockade of the enclave it enforced after Hamas, which preaches the Jewish state's destruction, won a Palestinian election in 2006.


However, Meshaal said the deal covered the opening of all of the territory's border crossings.


Israel let dozens of trucks carry supplies into the Palestinian enclave during the fighting. Residents there have long complained that Israeli restrictions blight their economy.


HAMAS HOLIDAY


Meshaal thanked Egypt for mediating and praised Iran for providing Gazans with financing and arms.


"We have come out of this battle with our heads up high," he said, adding that Israel had been defeated and failed in its "adventure".


Barak said Hamas, which declared November 22 a national holiday, had suffered a heavy military blow, including the death of its top commander, killed in an air strike at the start of the operation on November 14.


"A large part of the mid-range rockets were destroyed. Hamas managed to hit Israel's built-up areas with around a metric tonne of explosives, and Gaza targets got around 1,000 metric tonnes," Barak told Israel Radio.


"So whoever misses what is happening in Gaza does not understand that this entire agreement is a paper bridge for the defeated so that they can explain to their public how they can even show their faces after what they were hit with for a week."


Some Israelis staged protests against the deal, notably in the southern town of Kiryat Malachi, where three civilians were killed by a rocket from Gaza last week, army radio said.


Interviewed on Israel's Army Radio, Barak dismissed a ceasefire text published by Hamas as "a piece of paper which I don't remember anyone going around with - there's no signature on it".


He appeared to confirm, however, a key Hamas claim that the Israelis would no longer enforce a no-go zone on the Gaza side of the frontier that the army says has prevented Hamas raids:


"If there are no attacks along the border ... then I tell you that there is no problem with them working the farmland on the perimeter up to the fence," Barak said.


But should the Palestinians exploit such measures to breach the truce, Israel would be "free to act," he said, adding: "The right to self-defense trumps any piece of paper."


CAIRO


Egypt, an important U.S. ally now under Islamist leadership, took centre stage in diplomacy to halt the bloodshed. Cairo has walked a fine line between sympathies for Hamas, an offshoot of the Muslim Brotherhood that produced President Mohamed Mursi and much of his government, and preserving its 1979 peace treaty with Israel and its ties with Washington, its main aid donor.


Announcing the agreement in Cairo, Egyptian Foreign Minister Mohamed Kamel Amr said mediation had "resulted in understandings to cease fire, restore calm and halt the bloodshed".


U.S. Secretary of State Hillary Clinton, standing beside Amr, thanked Mursi for peace efforts that showed "responsibility, leadership" in the region.


Gaza erupted in a Middle East already shaken by last year's Arab revolts that toppled several veteran U.S.-backed leaders, including Egypt's Hosni Mubarak, and by a civil war in Syria, where President Bashar al-Assad is fighting for survival.


Israel, the United States and the European Union all classify Hamas as a terrorist organization. But its stance is popular with many Palestinians and has kept the movement competitive with Fatah.


(Additional reporting by Noah Browning in Gaza, Ori Lewis, Allyn Fisher-Ilan, Crispian Balmer and Dan Williams in Jerusalem and Marwa Awad, Yasmine Saleh, Shaimaa Fayed and Tom Perry in Cairo; Writing by Jeffrey Heller; Editing by Peter Graff)


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Newly-launched Clifford Capital says it has "decent pipeline" of projects






SINGAPORE: Specialist finance firm Clifford Capital launches its operations Thursday on a firm footing.

The company, backed by a consortium of shareholders that includes Temasek Holdings, DBS Bank, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, Manulife through its unit, John Hancock Life Insurance Company and Prudential Assurance Company Singapore, said it already has a "decent pipeline" of transactions which are spread across broad geographic regions.

The firm, which provides financing to Singapore corporates in bidding for large, long-tenor projects overseas, expects to operate at a steady state within the next two to three years.

Tharman Shanmugaratnam, Singapore Deputy Prime Minister and Finance Minister, Chairman at Monetary Authority of Singapore said: "We are well placed -- the community here, of financial institutions, multilateral development institutions, government working together with Clifford Capital and professional specialists -- we are well placed as a community in Singapore to help to catalyse the development of infrastructural finance in Asia and beyond."

The company aims to have 80 percent of its portfolio comprising projects that involves Singapore-based firms.

These refer to companies listed or incorporated in Singapore with a material presence in the city state.

In turn, the Singapore government will back debt instruments issued by Clifford Capital with a guarantee.

Clive Kerner, CEO of Clifford Capital said: "The debt is guaranteed by the government of Singapore, which is in turn, triple A.

"If you compare that situation with many of the banks in the world at the moment, I'm not sure there are any banks that actually have triple A credit rating, so what that will do is give us a very low cost of funding and we think we'll be able to pass that benefit on to our clients in the form of attractive financing solutions."

Over the next decade, the Asian Development Bank estimates that there will be about US$8.3 trillion worth of infrastructure investment in Asia.

But at the same time, the cost of funding these investments is up.

Ray Ferguson, CEO of Standard Chartered Bank Singapore said: "The rules around Basel III and banks make long term financing harder for banks to provide, particularly financing beyond the sort of five-year level, because it's very difficult for us to get matching deposits.

"So Clifford can come in take the longer term tranches of some of those deals."

For a start, Clifford Capital will focus on financing the infrastructure and offshore and marine sectors with an average deal size of US$50 to US$100 million.

These are the sectors which Singapore firms have the competitive advantage.

- CNA/lp



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