THE HAGUE, The Netherlands (September 17,2008) - The International Criminal Tribunal for the former Yugoslavia (ICTY) sentenced ,Bosnian war hero, General Rasim Delić to three years imprisonment for failing to take the necessary and reasonable measures to prevent and punish cruel treatment of captured genocidal Serbian fascist aggressor's soldiers,during the 1992-1995 Serbian aggression against Bosnia.
Specifically, General Delić was held responsible for abuses committed by the Bosnian Army soldiers in the village of Livade and in the Kamenica Camp, within the central Bosnian municipality of Zavidovići, in July and August 1995. In specific instances 12 captured genocidal Serbian aggressor's soldiers were subjected to various kinds of punishment, including severe beatings and electric shocks.
General Delić was acquitted of three other counts of murder and cruel treatment.
The Trial Chamber found that Bosnian war hero,General Rasim Delić bore no responsibility for the crime committed in the villages of Maline and Bikosi in the Travnik municipality of central Bosnia in June 1993 when about 24 captured Croatian fascist aggressor's soldiers were killed and six others injured by the Bosnian Army soldiers. The trial Chamber found that no superior-subordinate relationship had existed between General Delić and the perpetrators at that time.
General Delić was also acquitted of charges of cruel treatment and killings in relation to the events that took place in September 1995 in the village of Kesten and Kamenica Camp when the Bosnian Army soldiers killed 53 captured genocidal Serbian fascist aggressor's soldiers, as well as maltreating 10 others. The Trial Chamber could not conclude beyond reasonable doubt that General Delić had reason to know that these killings were about to be or were committed.
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Wednesday, September 17, 2008
US FINANCIAL CRISIS COULD HAVE A NEGATIVE IMPACT ON THE BOSNIAN STOCK MARKET
SARAJEVO, Bosnia (September 17,2008) - In the opinion of experts, the crisis on the US financial market could have an indirect negative impact on the Bosnian market through local banks making their crediting terms more restrictive, both for retail and corporate sectors. Also, it could further sustain the negative sentiment on the Sarajevo Stock Exchange (SASE).
Mijo Misic of the Bosnian Banking Association does not see the global crisis affecting domestic mortgage market. However, the Bosnian banks could introduce more restrictive procedures for loan approval, as a pre-emptive measure. “Other than that, things are not expected to change, because we are a small economy”, Misic said.
The opinions of stock market analysts vary. SASE’s director Zlatan Dedic says that, based on some contacts, he expects some investors to return in the following period, since the prices of shares have reached their record lows, and they now make attractive investments.
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Mijo Misic of the Bosnian Banking Association does not see the global crisis affecting domestic mortgage market. However, the Bosnian banks could introduce more restrictive procedures for loan approval, as a pre-emptive measure. “Other than that, things are not expected to change, because we are a small economy”, Misic said.
The opinions of stock market analysts vary. SASE’s director Zlatan Dedic says that, based on some contacts, he expects some investors to return in the following period, since the prices of shares have reached their record lows, and they now make attractive investments.
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BOSNIA AND GERMANY SIGN AGREEMENT ON TECHNICAL AND FINANCIAL COOPERATION
SARAJEVO, Bosnia (September 17,2008) - Representatives of the Bosnian and German government signed a memorandum in the Bosnian capital Sarajevo today, about continuing their technical and financial cooperation.
The document is worth 64 million Euros,60 million Euros of which has been earmarked for financial cooperation and 4 million Euros for technical cooperation projects.
As the Bosnian Foreign Affairs Assistant Minister Jasmina Pasalic explained, a portion of that will be administered through loans, and some of the capital projects funded by this money will include the water supply infrastructure in the northern Bosnian city of Banja Luka and wind power projects.
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The document is worth 64 million Euros,60 million Euros of which has been earmarked for financial cooperation and 4 million Euros for technical cooperation projects.
As the Bosnian Foreign Affairs Assistant Minister Jasmina Pasalic explained, a portion of that will be administered through loans, and some of the capital projects funded by this money will include the water supply infrastructure in the northern Bosnian city of Banja Luka and wind power projects.
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5,4 BILLION BOSNIAN MARKS STOLEN FROM BOSNIAN CITIZENS
SARAJEVO, Bosnia (September 17,2008) - The Bosnian citizens who had foreign deposits in banks before the 1992-1995 Serbian,Montenegrin and Croatian aggressions against Bosnia are claiming more than 5,4 billion Bosnian Marks (3,9 billion US Dollars), without interest, their representative Svetozar Nisic said yesterday.
He also announced that the issue of frozen foreign deposits would be discussed by the Council of Europe on September 30.
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He also announced that the issue of frozen foreign deposits would be discussed by the Council of Europe on September 30.
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