Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Wednesday, 16 May 2012 - Exclusive: Syria sugar refineries paralyzed, smuggling seen soaring |
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Pakistan steps up its offensive against militants | 15 December 2008
  • New Zealand, Fiji agree to thaw frosty relations | 12 January 2010
  • Fed sees firmer US recovery | 17 February 2011
  • Katy Perry tops U.S. album chart for first time | | 2 September 2010


    Forum Views () Forum Replies ()

    Read more with google mobile : Exclusive: Syria sugar refineries paralyzed, smuggling seen soaring |

      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's Choice Our best photos from the last 24 hours.  See more  Images of April Follow Reuters Facebook Twitter RSS YouTube Read Mladic taunts survivors at start of genocide trial | 11:06am EDT Judge to lead Greece to fateful June 17 vote | 12:15pm EDT GM plans to stop advertising on Facebook 15 May 2012 Apple readies iPhone with bigger screen-sources 12:33pm EDT Samsung loses $10 billion market value on Apple order report 4:59am EDT Discussed 169 Romney apologizes for bullying incident at school 155 Germany’s Merkel dealt heavy blow in state vote 110 Weary warriors favor Obama Watched A look at the UK’s most beautiful face Thu, May 10 2012 Drought blamed for fall of Mayan civilization Tue, May 15 2012 'Mother killed kids': police Tue, May 15 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption  Dumpster diners A look at people who dumpster dive for food not because of need but to try to address societal issues about over-consumption.   Slideshow  Oldest yoga teacher Tao Porchon-Lynch, 93, was named the world's oldest yoga teacher by Guinness World Records.  Slideshow  Exclusive: Syria sugar refineries paralyzed, smuggling seen soaring Tweet Share this Email Print Related News Syria attack kills 21; rebels say protect U.N. monitors Tue, May 15 2012 Rebels kill 23 Syrian soldiers, opposition snubs Arab talks Mon, May 14 2012 Syria suicide bombers kill 55, ceasefire in tatters Thu, May 10 2012 Syria rebels kill 7, bomb explodes near U.N. monitors Wed, May 9 2012 Fears of Syrian civil war deepen; U.S. aids opposition Tue, May 8 2012 Analysis & Opinion Building a new future for Turkey Who’s in charge of the world? No one Related Topics World » United Nations » Syria » By Jonathan Saul and David Brough LONDON | Wed May 16, 2012 11:14am EDT LONDON (Reuters) - Escalating violence in Syria has slowed sugar refining to a virtual standstill, with smuggling set to rise as Western sanctions hobble trade finance and disrupt imports of the staple sweetener, trade sources said. The European Union, the United States and other Western countries have imposed sanctions on President Bashar al-Assad's government in response to the bloody crackdown on a revolt that has cost more than 9,000 lives. While those sanctions are not meant to target food imports, the complexity of trade, including extensive due diligence, is hampering deals. Trade sources told Reuters that Syria's four sugar refineries were either shut or producing modest amounts, with unrest contributing to the disruptions. Latest forecasts from the International Sugar Organization had anticipated output from the refineries at 150,000 metric tons (165,347 tons) for the 2011/12 October/September season. Supplies are having to reach Syria mainly by truck from neighboring countries, sources said, with highly profitable overland smuggling by private traders seen increasing due to difficulty in securing letters of credit for sea cargoes. "There is serious demand for sugar which the government cannot supply because of the conflict, and the private sector cannot come up with what is needed because of financing issues," one trade source said. "The refineries appear to be not operating properly. So, it's going to be tough for Syria on the sugar side." The ISO had anticipated Syrians would this year consume some 915,000 metric tons of sugar, which is also an important source of energy during times of conflict when access to other foodstuffs may be limited. Syria is also facing problems buying grain from international markets. "We face difficulty in importing food because Lebanese banks and traders in the United Arab Emirates refuse to deal with Syrians," a Syria-based source familiar with the matter said. Legal specialists say for companies operating in the EU, dealing with Syrian state entities involved in food or receiving payments over a certain amount require authorization from national authorities. "Prices have roughly doubled on various imported staples from coffee to dairy products," said J. Peter Pham, a director with U.S. think-tank the Atlantic Council. "While the regime has managed through subsidies to keep prices stable up to now for goods with a domestic supply like fuel and sugar, its ability to do so for any sustainable period of time is highly doubtful. And even with the subsidies, shortages are reported - even in areas considered loyal to the regime to which supplies have been directed." Syria is also facing shortages of fuel and heating fuel, adding to the hardships faced by people there. Because of the conflict, one million out of Syria's 23 million population now need humanitarian help, according to a U.N. mission which visited in March. The United Nations has rebuffed a demand by Damascus that it manage the delivery of all humanitarian aid and the U.N. insists on having some control. BOON FOR SMUGGLERS Syria's National Sugar Co refinery has been shut for months due to a dispute over ownership, its minority shareholders who include trade house Cargill said earlier this year. The plant is located near the city of Homs, which has seen intense violence in the more than one-year revolt against Assad. Despite a U.N.-Arab League peace plan stipulating a truce and dialogue between Assad and opponents, violence has continued. Another private refinery is located in Homs and is believed to be operating at minimal capacity. "You can imagine the situation there is very bad and it is difficult to get anyone to work or drivers to transport goods," the Syrian source said. Two other state-owned refineries were believed to be not operating at the moment and were located in Deir al-Zor in the east of the country and Hama, which had also seen violence. A bomb explosion ripped through a main oil pipeline in the eastern province of Deir al-Zor on Tuesday, opposition activists said. Sugar industry sources said there had not been large deliveries of bulk sugar by ships since August 2011, citing shipping data. Small quantities had been brought in on container ships. "It's hand-to-mouth," one source said. Another trade source said Syria was looking to buy sugar in small parcels. "It can even be delivered in container ships and they don't have the power deciding the terms. So, they will take whatever they can however small the cargo size is," the source said. Other sources said Syria was trying to secure its needs through bringing refined sugar packed in bags and transported on trucks from neighboring countries including Lebanon. "They will have to bring it across the border - so this will boost the smuggling trade. In the short-term, Syria may have no other choice," a trade source said. (Additional reporting by Maha El Dahan in Abu Dhabi, writing by Jonathan Saul; editing by Veronica Brown and Keiron Henderson) World United Nations Syria Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

    Other News on Wednesday, 16 May 2012
    One killed in blast in Kenyan coastal city |
    Sudan's Bashir says no South Sudan oil exports without security |
    Bomb targeting former Colombian minister kills two |
    Putin praised by leaders of ex-Soviet states |
    Support for Mexico ruling party candidate at new low: poll |
    GM plans to stop advertising on Facebook |
    IBM helps oil companies manage gusher of data |
    FCC seeks details on Verizon spectrum sale offer |
    Scared of Facebook shares? Wager on Friday's close |
    Oracle patent claims versus Google sent to jury |
    Nvidia CEO pushes graphics chips toward cloud |
    Facebook options seen listed on May 29 |
    Facebook increases IPO range to raise $12.1 billion |
    Masseur drops sex assault claim against John Travolta |
    Voice winner Jermaine Paul to stay true to roots |
    Stern brings Mr Nice Guy to Got Talent but few new eyeballs |
    Bret Michaels settles case with CBS, Tonys over injury |
    Ellen DeGeneres gains top U.S. award for humor |
    'X Factor' may be singing Oops!... over Britney |
    US judge rules against child star Gary Coleman's ex-wife |
    Greeks pull funds from banks; emergency cabinet to be named |
    U.N. and Iran agree to keep talking on nuclear |
    Police disperse protesters at anti-Putin sit-in |
    Mladic goes on trial for atrocities in Bosnia |
    Syria attack kills 21; rebels say protect U.N. monitors |
    U.S. may freeze assets to boost Yemen transition: report |
    Obama, Monti agree Europe ought to intensify growth: White House |
    U.S., Pakistan on verge of reopening supply lines |
    Hollande gets stormy welcome to power |
    Facebook boosts IPO size by 25 percent, could top $16 billion |
    GM to drop Facebook ads due to low consumer impact |
    Cellphone market shrank in first quarter: Gartner |
    China Mobile in talks with Apple for iPhone |
    HTC shares tumble as patent case delays U.S. sales |
    Key to Universal-EMI decision: Has music business lost control? |
    Sina results beat view, warns Weibo to eat into Q2 |
    Lawyer says John Travolta vindicated by dropped sex lawsuit |
    Aaron Sorkin to pen screenplay for Steve Jobs film |
    Cohen up to satirical tricks again in Dictator |
    Key to Universal-EMI decision: Has music business lost control? |
    Project to give Mumbai a Bollywood mural makeover |
    Stern brings Mr Nice Guy to Got Talent but less eyeballs |
    Exclusive: Syria sugar refineries paralyzed, smuggling seen soaring |
    Thousands flee to Uganda as Congo hunts renegade commander |
    Breivik killed with joyous battle cry: survivors |
    Exclusive: China pushes North Korea to drop nuclear test plan: sources |
    Two Mexican generals detained for alleged drug gang ties |
    Merkel ditches environment minister after poll rout |
    Apple readies iPhone with bigger screen: sources |
    Facebook boosts IPO size by 25 percent, could top $16 billion |
    Google to meet French regulator on privacy policy |
    Samsung loses $10 billion market value on Apple order report |
    Companies less wary of personal devices at work-Cisco |
    Analysis: Key to Universal-EMI decision: Has music business lost control? |
    Cannes festival opens with quirky comedy and a camel |
    Baron Cohen's Dictator storms Cannes, camel in tow |
    Jennifer Lopez tops Forbes powerful celebrity list |
    Regret but no surprise Cannes lacks women directors |
    UK moviegoers distracted by summer of sport |
    Analysis: Key to Universal-EMI decision: Has music business lost control? |
    A Minute With: Lopez, Banks on expectations when 'Expecting' |
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    BlogMeter 1.01