Violent clashes between security services and mourners at funerals of those killed in Deraa Human rights organisations have warned of a growing death toll in Syria as security forces move to quell protests and sit-ins in cities across the country. As funerals for some of the 27 people shot dead in Deraa on Friday were being held, there were reports of violent clashes between mourners and security services. An eyewitness in Deraa told the Guardian that security forces had been “shooting randomly” as mass funerals went on. It is not yet clear whether anyone was killed in those clashes. Further funerals are due to take place in Harasta and Douma. The government issued a warning amid Friday’s protests, the largest and most deadly yet. A statement from the interior ministry, posted by the official Sana media agency, said: “There is no more room for leniency or tolerance in preserving security of the country and protecting the general order.” It added that this would be done “according to the law which specified the conditions for using weapons”. Sit-ins are taking place in Deraa, with the coastal city of Banias cordoned off. The National Organisation for Human Rights said 37 people had died across the country on Friday, including 27 in Deraa, three in Homs and Harasta and one in Douma, bringing the total death toll since 18 March to more than 200. “We are very worried, especially for Banias where mobile coverage is currently down,” Ammar Qurabi, the head of the organisation, speaking from Cairo, said. Other activists said they were concerned about Latakia, where several districts have been cut off and the army deployed, although the town centre remains quiet. As in Deraa, there are reports of access to medical care being blocked. “Pharmacists have reported being told by security to shut early and to report those who purchase goods to treat the injured,” Wissam Tarif, a local human rights monitor, said. Both security forces and the shabiha, a group of thugs in Latakia with links to the ruling Assad family, reportedly carried out the violence in Banias and Latakia. The government has denied this, blaming “spiteful individuals, outsiders and those who were compelled by known foreign parties”. The US president, Barack Obama, has condemned the “abhorrent” crackdown. Activists and protesters have become increasingly frustrated by a muted international response, which has prompted countries in the region to rally to Syrian President Bashar al-Assad’s side. Syrian activists said they were concerned that a cycle of violence had taken hold which would only escalate as the government refused to meet protesters’ demands. They said a critical mass of protesters had not yet been reached. “It is a fight between the people and the regime,” Ayman Abdel Nour, a Syrian dissident living in Dubai, said. “Friday was an escalation, but we are still not seeing enough people from all governorates and segments of society coming out to allow them to tip the balance.” However, there are some signs of growing unhappiness among formerly loyal parties. An editor of the state-run newspaper Tishreen, Samira Masalma, was sacked after she criticised shootings by security forces. There have also been reports of some army and security forces refusing to shoot at protesters. The Guardian could not independently verify these reports. Syria Arab and Middle East unrest Middle East guardian.co.uk
Continue reading …MP Norman Lamb says he agrees with giving GPs more power, but attacks ‘risky and destabilising’ speed of legislation One of Nick Clegg’s closest allies today expressed “very real concerns” about the coalition government’s NHS reforms and threatened to resign if the pace of change was not checked. Norman Lamb, chief political adviser and Commons aide to the deputy prime minister, said he agreed with the principle of giving GPs more power and responsibility, but insisted the shift needed to be “more evolutionary”, claiming there was “no evidence” about how the proposed GP-led commissioning bodies would work, even though they are supposed to be up and running by 2013. Appearing on BBC1′s The Politics Show, Lamb said he had spoken to Clegg about his intention to appear on the programme, but insisted that he was speaking for himself. “As things stand I have very real concerns and I think it’s right for me to express those,” he said. “My real concern is the financial risk of doing it too quickly because then services and patient care suffers and the political risk is enormous, and most of all, for everyone who cares about the NHS and I think the Government does, we’ve got to get this right.” “Surely we should be doing an evolutionary approach in health as we are doing in schools … That way I think the government can get itself off the hook that it is on at the moment, it can get a lot of professionals back on board, and most of all it can reduce the financial risk.” Asked whether it could be a resignation issue, he said: “I’ve said if it’s impossible for me to carry on in my position I will step down, I don’t want to cause embarrassment, but I feel very strongly about this issue. “And I think it’s in the government’s interest to get it right in the way that I suggest.” Challenged that it would be destabilising to the government if he walked out, he added: “It would be incredibly destabilising politically if we get this reform wrong.” Lamb insisted change in the NHS was necessary because of rising health costs and that GPs should be given a bigger role: “The principle at the core of this – of giving GPs more power and responsibility – is absolutely right. But whenever you introduce new structures, of course there is no evidence, so the sensible thing to do after this period of reflection is test it, see if it works, and it would gather a momentum of its own. “It would be a crying shame if that really important principle was lost because we rushed the reform process and get it wrong. The intervention by an MP so close to Clegg is a sign of the scale of the challenge the coalition government faces in winning over the Liberal Democrats. Ministers announced last week they were going to “pause” the health reforms amid widespread opposition among NHS professionals, patients groups and rank-and-file Lib Dems. The shadow chancellor, Ed Balls, said Lamb’s comments were “very significant indeed”: “Clearly Norman is very close to Nick Clegg, he’s his closest political and parliamentary adviser,” he told the BBC. “He made a very important point, which is that we shouldn’t see reform as always good. There are good reforms and there are bad reforms. “These are bad reforms, they are not popular, they won’t work, they will be destabilising financially and also in terms of treatment. What we don’t want is a pause or a PR initiative. What we want is the government to say ‘we got this wrong’.” David Cameron and the health secretary, Andrew Lansley, will hold a round-table meeting with representatives of the voluntary sector on Wednesday morning. Lansley will then attend the Royal College of Nursing congress in the afternoon. More public engagement events will follow over the coming weeks, supported by the new NHS Future Forum made up of patient representatives and healthcare professionals. Danny Alexander, the Lib Dem chief secretary to the treasury, said the government would come back with “substantive” changes to the Health and Social Care Bill. “We have to go forward with reform which is about empowering people within the NHS to take more responsibility for themselves,” he said. “It’s something where, of course there have been concerns raised by Liberal Democrats and elsewhere, and this listening exercise is a real opportunity for the government to hear all those concerns.” Health policy NHS Health Nick Clegg Liberal Democrats Liberal-Conservative coalition Andrew Lansley guardian.co.uk
Continue reading …South Africa’s Jacob Zuma and leaders from Mauritania, Congo, Mali and Uganda will also meet Libyan rebels in Benghazi Jacob Zuma is due to meet Muammar Gaddafi as part of an African Union peace effort, as Libyan government forces and rebels battle for control of the strategic eastern town of Ajdabiya. The South African president and leaders from Mauritania, Congo, Mali and Uganda will also meet Libyan rebels in Benghazi as part of the AU diplomatic initiative. South Africa voted in favour of UN resolution 1973, which authorised military action in Libya to protect civilians, but Zuma subsequently criticised western air strikes against Gaddafi. After criticism from his African National Congress party’s youth wing and political allies in the Communist party for voting for the resolution, Zuma accused the US and its allies of going against its “letter and spirit”. The AU delegation arrives in Libya as Libyan government forces continue to push back the disorganised rebel forces. The rebels said forces loyal to Gaddafi killed four of their fighters on Saturday in Ajdabiya, about 100 miles from their stronghold in Benghazi. A Reuters witness near Ajdabiya’s eastern gate heard shooting and artillery fire and saw plumes of black smoke, suggesting Gaddafi’s forces had pushed towards the centre of the town. “There is resistance inside the city. Gaddafi forces are fighting with rebels. They have a presence inside,” said a rebel at a checkpoint on Ajdabiya’s eastern fringes. One rebel fighter, Hassan Bosayna, said eight Gaddafi loyalists and four rebels were killed on Saturday. One of the rebels was shot in the forehead by a sniper. Muftah, another rebel, said: “There are Gaddafi forces inside Ajdabiya in sand-coloured Land Cruisers and we know there are Gaddafi snipers in civilian clothing in the city as well.” Rebels were firing rockets from pickup trucks into the desert on the outskirts of the town, possibly in an attempt to stop any flanking manoeuvre by Gaddafi loyalists. The mostly untrained rebels have tried to reorganise and re-equip but were unable to hold their ground last week against Gaddafi’s better-armed forces in the oil terminal of Brega, west of Ajdabiya, the last major town on the Mediterranean coastal road before Benghazi to the north and the oil terminal of Tobruk further east. Libya’s deputy foreign minister said government forces shot down two US-built helicopters being used by rebel forces. Khaled Kaim accused the international community of double standards for allowing rebel forces to operate aircraft despite the existence of a no-fly zone over the country. “A clear violation was committed by the rebels to resolution 1973 relating to the no-fly zone. The rebels used two Chinook helicopters and they were shot down” near the eastern oil facilities of Brega, he said. “We have a question for the allied forces: Is this resolution made for the Libyan government only or everyone in Libya?” Kaim’s claims could not be confirmed with the rebels, but journalists in the area described seeing at least one helicopter apparently engaged in fighting in the area on Saturday, although it appeared to be a Russian-built model. The government forces still have most of the military aircraft in the country, but a few were taken by the rebels when some air force units defected. Nato, which enforces the no-fly zone, said it has been applying it to both sides and on Saturday intercepted a rebel MiG-23 fighter jet and forced it back to the airport. Nato forces continue to carry out air strikes against Gaddafi’s forces, destroying 17 tanks and damaging nine others, the alliance said on Saturday. Rebels have bitterly criticised the alliance for giving insufficient support as government forces continue to push eastwards and for Nato attacks mistakenly against them . Muammar Gaddafi Libya Middle East Jacob Zuma South Africa African Union Mark Tran guardian.co.uk
Continue reading …From his breakthrough jury room morality movie 12 Angry Men to his Pacino-propelled 1970s thrillers, Sidney Lumet was one of the great Hollywood craftsmen Director Sidney Lumet dies aged 86 12 Angry Men (1957) Fresh from his apprenticeship on the New York stage, Lumet made his screen debut with this claustrophobic morality play, casting Henry Fonda as the lone sane man on a jury that is being led by the nose. 12 Angry Men initially sputtered at the box office, a sore thumb in a mid-50s age of gaudy widescreen Technicolor. It was later selected for preservation by the Library of Congress. The Pawnbroker (1964) More anguished close-ups, high-stakes drama and high-contrast black and white. Rod Steiger gives an electrifying performance as the tormented Holocaust survivor, rattling around East Harlem and seeing ghosts on every subway car. The Hill (1964) Lumet upped sticks to the deserts of Libya for this drama about a brutal British glasshouse. Taking time out from his 007 day-job, Sean Connery stars as the enigmatic sergeant major convicted an assaulting his superior officer. The director and star went on to collaborate on a number of other projects, including The Anderson Tapes and The Offence. Serpico (1972) This true-crime expose charts 12 years in the life of Frank Serpico, a deep-cover New York cop, finding corruption at every turn. Fired by a full-throttle from Al Pacino, the film is rightly hailed as a hardscrabble classic of 70s American cinema. Murder on the Orient Express (1974) In which the director takes an uncharacteristic detour through Europe to shoot a plush, polished adaptation of the Agatha Christie whodunnit. The first-class cast makes room for Ingrid Bergman, Lauren Bacall and John Gielgud, while Albert Finney headlines as Hercule Poirot. Christie approved, but apparently took issue with the skimpiness of Finney’s moustache. Dog Day Afternoon (1975) Lumet’s vertiginous opening montage plunges right into the heat, stench and hubbub of a New York summertime. Pacino and John Cazale are the desperate bandits who rob a Brooklyn bank and are then pinned inside by the cops. Dog Day Afternoon sparks and combusts; it’s a tragicomic tour-de-force that plays like an improv session with the gas turned up. Network (1976) Peter Finch is the evening news anchor who threatens to kill himself, live on air. He’s “mad as hell and he’s not going to take it any more”. Lumet’s direction bulled Paddy Chayefsky’s rambunctious media satire into bristling, Oscar-winning life. More than three decades on, his Network remains as relevant as ever. The Wiz (1978) Let it not be forgotten that Lumet made the occasional wild, flamboyant folly too. The Wiz was Motown Productions’ misconceived musical attempt to take Oz uptown. It starred Diana Ross as Dorothy, Michael Jackson as the Scarecrow and Richard Pryor as the Wizard. It promptly went down with all hands on deck. The Verdict (1982) Vintage late-period Lumet: a steely, sombre redemption saga, scripted by David Mamet. Paul Newman gives a majestic performance as an alcoholic ambulance chasing lawyer who is handed a supposedly cut-and-dried case, while there’s devastating support on the fringes from femme fatale Charlotte Rampling and James Mason as the silken “Prince of Darkness”. Before the Devil Knows You’re Dead (2007) Lumet continued making films through his 60s and 70s, eventually racking up more than 50 screen credits. He went out on a high note. Before the Devil Knows You’re Dead is an urgent, sweaty account of a heist gone horribly wrong, farmed through various viewpoints and boasting terrific performances from Ethan Hawke, Albert Finney and Philip Seymour Hoffman. At the age of 83, it seemed, the director had lost none of his rigour and ambition. Sidney Lumet Xan Brooks guardian.co.uk
Continue reading …People fill churches and cemeteries while large crowd gathers in front of presidential palace to remember Lech Kaczynski Church bells have been rung across Poland to mark the first anniversary of the death of President Lech Kaczynski and 95 others in a plane crash in Russia . Poles filled churches and cemeteries and a large crowd gathered in front of the presidential palace, where Kaczynski and his wife, Maria, lived until their deaths in the crash, which happened near Smolensk. The crowd fell still at 8:41 am. Sirens were sounded in central Warsaw, while church bells pealed elsewhere. Earlier, the loved ones of many victims gathered for a private mass at Warsaw airport, to which the coffins of the 96 victims were returned last year. At the time, Poland experienced a short period of national unity amid the shock of losing the president, the first lady and many ranking military and civilian leaders. The disaster, however, quickly deepened political and social divisions and, in an indication of those divisions, separate commemorative events are being held. The prime minister, Donald Tusk, the president, Bronislaw Komorowski, and other politicians placed candles at a memorial plaque to the victims in a Warsaw military church. But Kaczynski’s twin brother, Jaroslaw, marked the anniversary separately, placing a large wreath in front of the presidential palace. Kaczynski and many of the others killed belonged to the nationalist conservative Law and Justice party, which Jaroslaw Kaczynski heads. That camp blames Tusk’s government for selling out Poland’s interests by allowing Russia to lead the main investigation into the crash. Earlier this year, Russian investigators concluded that Poland bore full responsibility for the crash, sparking outrage. The plane crashed while trying to land in heavy fog, and Tusk’s government acknowledges that most mistakes were made by the pilots and other Poles. But they also want Russia to acknowledge the role that Russian air traffic controllers and the rudimentary state of the Russian airport might have played – issues that were avoided in the Russian report. The sense of Russia avoiding responsibility has fuelled anger, and conspiracy theories, among Kaczynski’s supporters. On Saturday, hundreds marched past the presidential palace in central Warsaw, carrying flags and chanting Kaczynski’s name. A large banner accused the Russian prime minister, Vladimir Putin, of being a murderer and Tusk of being a traitor. They also demanded that Russia hand over important evidence and the wreckage of the plane. Poland Russia Europe guardian.co.uk
Continue reading …• Becher’s Brook is bypassed to avoid stricken horse • Ballabriggs misses chaos to land famous victory The name of the winning trainer was part of the Aintree tradition, but the Grand National changed for good on Saturday as two fences at Aintree, including Becher’s Brook, the most famous obstacle of all, were bypassed by the field on the second circuit to avoid stricken horses. A gruelling race was won by Ballabriggs, trained by Donald McCain, whose father, Ginger, trained Red Rum. Two horses, Dooneys Gate and Ornais, suffered fatal injuries, while Ballabriggs was too exhausted to be ridden into the winner’s enclosure. He recovered fully from his exertions within a few minutes and was able to return to McCain’s yard at Malpas, Cheshire. On a warm afternoon at Aintree, and on ground officially described as good, good-to-soft in places, Ballabriggs completed the four-and-a-half-mile course in 9mins
Continue reading …Ehud Barak plays down talk of ground offensive after missile attack on Israeli school bus and retaliatory air strikes Israel and Hamas have signalled they are looking to end a flare-up in violence that began four days ago with a missile attack on an Israeli school bus and has claimed the lives of 19 Palestinians. The fighting stoked fears of a larger escalation that could include an Israeli ground incursion into the Gaza Strip. But Ehud Barak, the Israeli defence minister, said Hamas had been hit hard in recent days and there may be a ceasefire. “If they stop firing on our communities, we will stop firing. If they stop firing in general, it will be quiet, it will be good,” Barak said on Israel Radio. Asked whether Israel was considering a ground offensive similar to that two years ago into Gaza, Barak said: “If it will be necessary, we will act, but when it’s not necessary, we don’t need to. Restraint is also a form of strength.” Hamas said it did not want a further escalation. “If the Israeli aggression stopped, it would be natural for calm to be restored,” said a spokesman, Sami Abu Zuhri. “Calm will be met with calm.” Israeli police said another eight rockets were fired at Israel on Sunday. The Israeli prime minister, Binyamin Netanyahu, said: “Our policy is clear, if the attacks continue on Israel’s citizens and soldiers, the response will be much harsher.” Violence erupted along the Israel-Gaza border on Thursday when Hamas gunmen fired an anti-tank missile at an Israeli school bus, critically wounding a teenager and injuring its driver. Israel launched a series of air strikes at targets throughout the Gaza Strip, killing 19 Palestinian militants and civilians. Gaza militant groups have fired at least 120 rockets and mortars at southern Israel in that time, the Israeli army said, several of which were shot down in midair by the newly deployed Iron Dome interceptor. The United Nations and the European Union have called for an end to the violence. One Palestinian source said Egypt was leading efforts to arrange a ceasefire. Analysts say Hamas is trying to divert attention from demands fuelled by pro-democracy unrest in the Arab world for an end to its split with the western-backed Fatah movement in the West Bank. Israel launched a military offensive into Gaza in December 2008 in an effort to end the cross-border rocket fire. About 1,400 Palestinians and 13 Israelis were killed in the fighting. Gaza Hamas Israel Palestinian territories Middle East guardian.co.uk
Continue reading …US accuses incumbent president’s attempt at negotiation as delaying tactic as his forces step up assault in Abidjan Forces loyal to Ivory Coast incumbent leader Laurent Gbagbo have stepped up a counter-attack on president-elect Alassane Ouattara by firing on his hotel headquarters in Abidjan. Rebel forces seeking to install Ouattara, who won an election last November according to results certified by the United Nations, swept from the north to the economic capital Abidjan almost unopposed more than a week ago. But despite a fierce rebel onslaught, Gbagbo’s soldiers have held onto swathes of the city, and are now growing bolder. The US condemned the attack on Ouattara’s hotel and said Gbagbo’s attempts at negotiation last week were nothing more than a ruse to regroup and rearm. “Gbagbo’s continued attempt to force a result that he could not obtain at the ballot box reveals his callous disregard for the welfare of the Ivorian people, who will again suffer amid renewed heavy fighting in Abidjan,” the state department statement said. The UN said Saturday’s attack on the Golf Hotel, which Ouattara has made his base since the election , involved heavy weapons that appeared to have been fired from Gbagbo’s heavily defended residence. “This was not a fight, but a direct attack by Gbagbo’s forces, who fired RPGs and mortar rounds, from positions near Gbagbo’s residence, at the Golf Hotel,” said spokesman Hamadoun Toure, in Abidjan. Toure said one UN peacekeeper was hurt, and that UN forces had responded by firing on those positions. Gbagbo’s spokesman Ahoua Don Mello denied Gbagbo’s forces had attacked Ouattara’s headquarters and said the incumbent president was calling on his supporters to mount a resistance against French forces. “President Gbagbo called for resistance against the bombing and the actions of the French army in Ivory Coast, because ultimately it is the French army that attacked us,” said Don Mello. Mariam Konate, a resident of the area near the hotel, said: “There was fierce fighting with heavy weapons and our houses shook, even some windows shattered. We’re all locked in our homes, but things quietened down about an hour ago.” Pro-Gbagbo forces seem to be determined to strike fast, a sign that they want to gain momentum before more troops desert and/or that they may be desperate, said Lydie Boka, an analyst at StrategiCo consultancy. “The attack on Ouattara’s headquarters have won Gbagbo praise among his supporters but will probably attract more sanctions on him,” Boka said. French soldiers supporting the UN mission in Ivory Coast and backing Ouattara’s claim to the presidency secured Abidjan’s port on Saturday, but said the central neighbourhoods of Cocody and Plateau were still being contested. “[Gbagbo's forces] won some positions overnight that they lost again this morning,” said Frederick Daguillon, a spokesman for the French force in Ivory Coast, Licorne. He said Gbagbo’s fighters had “become more confident”. French helicopters clashed with Gbagbo’s defenders early on Saturday during a failed attempt to rescue diplomatic staff trapped by the fighting in Cocody. British and other diplomats were later evacuated, a Foreign Office spokesman said. The BBC said bullets had hit the British embassy and a mortar round had landed in the garden. Reuters witnesses said a fragile calm had returned to many parts of the city on Saturday, allowing shell-shocked residents to leave their homes in search of food and water amid the debris of war, or to try to escape to safer areas . “Yesterday, militiamen came to our house, we were threatened,” said Jean Kima, a Burkinabe fleeing with his family in the northern district of Gesco. “The militia could come back at any moment and perhaps the worst will happen next time.” Gbagbo is believed to be isolated in the bunker under his residence in Cocody, where he has sought refuge from a concerted assault by Ouattara’s troops while his elite presidential guard and militiamen do battle. Only three days ago, his defeat had appeared imminent and talks took place between the two sides. The United States accused Gbagbo of “a callous disregard for the welfare of the Ivorian people” and urged him to step down. “It is clear that Gbagbo’s attempts at negotiation this week were nothing more than a ruse to regroup and rearm,” a state department statement said. A senior commander of Ouattara’s forces near the northern entrance to Abidjan, Zacharia Kone, said his soldiers were prepared for any counter-attack. Gbagbo, who has ruled Ivory Coast since 2000, is defended by around 1,000 men. November’s election was meant to draw a line under a 2002-3 civil war that split the world’s top cocoa producer in two, but instead re-ignited it. Burnt vehicles and looted shops with wares spilling out of smashed windows were evidence of recent fighting in the south of Abidjan, as a French military convoy wound its way to the port handling the bulk of Ivory Coast’s cocoa shipments. “It was at the request of incoming president Ouattara that we have come to secure the port zone,” said Captain Roland Giammei, who said the forces were working alongside Ivorian gendarmes loyal to Ouattara. Ivory Coast’s cocoa industry, the world’s largest, has been paralysed since January, when Ouattara announced a ban on exports and the EU imposed shipping restrictions in order to squeeze Gbagbo’s finances. Ouattara is now seeking to revive the country’s economy as fast as possible. On Friday, the EU lifted restrictions on the ports of Abidjan and San Pedro at his request. On Saturday, the first Air France passenger flight since April 1 landed in Abidjan. But even if Gbagbo leaves, Ouattara’s ability to unify the country may be undermined by reports of atrocities since his forces, a collection of former rebels from the north, swept into Abidjan more than a week ago. Ouattara’s camp has denied involvement. Ivory Coast United Nations guardian.co.uk
Continue reading …Referendum results show 60% of voters against repayment plan for Britain and Netherlands, sending dispute to European court Icelanders have rejected the latest government-approved plan to repay the £3bn owed to Britain and the Netherlands from the crash of the country’s banking system in 2008, prompting the prime minister to warn of economic and political chaos. Final results from five of six constituencies, including the capital, Reykjavik, showed the “no” side taking just under 60% of the vote, meaning the dispute will end up in a European court. “The worst option was chosen,” said the prime minister, Jóhanna Sigurðardóttir. “The vote has split the nation in two . We must do all we can to prevent political and economic chaos as a result of this outcome.” The debt was incurred when Britain and the Netherlands compensated their nationals who lost savings in online Icesave accounts owned by Landsbanki, one of three Icelandic banks that collapsed in late 2008. Icelandic politicians in February backed a repayment plan agreed with creditors, but the president refused to sign the bill, triggering the vote. In March 2010, Iceland rejected an earlier Icesave repayment blueprint in a referendum . Economists say uncertainty over the payback deal is hurting efforts to drag Iceland out of recession, end currency controls and boost investment. Many voters cited opposition to taxpayers footing the bill for irresponsible bankers as their reason for voting against the plan. “I know this will probably hurt us internationally, but it is worth taking a stance,” Thorgerdun Ásgeirsdóttir, a 28-year-old barista, said after casting a “no” vote. Svanhvit Ingibergs, 33, who works at a rest home, said: “I had no part in causing those debts, and I don’t want our children to risk having to pay them. It would be better to settle this in a court.” Sigurðardóttir said Iceland would now defend its case before the court of the European trade body overseeing Iceland’s cooperation with the EU, the Efta Surveillance Authority (ESA). Economists have said this route could be much costlier. Iceland is still pulling itself out of a deep recession. Politicians and economists believe solving the Icesave issue would help the country get back into international financial markets. Getting such funding is also part of a plan to end the controls on capital flows it imposed in 2008 to stabilise a tumbling currency. The controls have left an estimated equivalent to a quarter of Iceland’s gross domestic product in the hands of foreign investors, many of whom are expected to want to pull out. Ratings agencies will have followed the vote closely, with Moody’s having said it may lower its credit rating on Iceland after a “no” vote. Iceland Icesave Banking Global economy Economics Europe guardian.co.uk
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