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A “HUMANITARIAN PAUSE” announced by Russia went into effect today in the Syrian army’s devastating Moscow-backed assault on rebel-held areas of Aleppo to allow civilians and fighters who want to leave.
Russia has said the pause will continue until at least 7pm local-time and could be extended. The Syrian army has said it will last three days.
Syrian and Russian warplanes already halted strikes on rebel districts from 10am on Tuesday.
The Syrian army has said it is opening eight corridors to provide safe passage for the more than 250,000 civilians trapped in rebel areas to leave the city.
It has said two of them can also be used by rebel fighters but called on them to leave behind their weapons.
Despite the pause, independent monitors have said that shots were fired near one of the corridors.
The United Nations has said the duration of the pause is not long enough to provide any relief supplies to residents of rebel districts who have been under near-continuous siege since mid-July.
UN envoy Staffan de Mistura said the truce would be long enough to safely evacuate just 200 wounded from the devastated east of the city.
The Syrian regime and its ally Russia launched an offensive on September 22 aimed at recapturing the east, held by rebels since 2012.
The accompanying air and artillery bombardments have left some 400 people dead and more than 2,000 wounded, according to the UN.
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Can I have my money back now
It’s like’…..burning your furniture – to keep warm!
Why are PwC saying this instead of IBRC and NAMA?
As property prices start to rise nama , ibrc start to dump property
Can someone explain why?
Dumping loans philip, not property. They’re Dumping the loans as they’re non-performing and want to get them off the balance sheet.
If they had the patience, they’d put arrangements in place to allow the properties to return to positive equity and then seek a sale, this recouping more of the tax payers money.
Unfortunately, they’ll sell the loans for a discount and allow the new purchasers to do this and net a tidy profit.
The article outlines that IBRC (IBROKE would probably be a better name) will offload € 15 billion in loans.
Yet the linked article tells us that IBROKE have already offloaded 90% of its loanbook, € 19.8 billion out of € 21.7 billion leaving just € 1.9 billion on hand.
This can only mean, if the previous article is correct, that it is NAMA that is offloading the majority of the loans.
Why the subterfuge?
Why make people think that this is some kind of joint enterprise when it is NAMA that is leading the charge?
Have the shiny suit brigade from the canal something to hide?
Given their obsession with secrecy it would not surprise me if they have, perhaps selling the loans to some preferred customer with an inside track at a serious discount.
The way things go it will all be wrapped up before we know anything, plus ça change.
Who in their right mind would buy this junk?
It might only be worth 30% of face value but if you buy it for 20% it’s a good deal. For the buyer anyway.
@ Irish Revolution
The Banks?
Hedge funds bought it. They will now sell off all the ghost estates etc at a lower price so people that have houses for sale at the min will eventually have to sell for half or take them off the market.
Fab house here in drogheda asking price €325. Hilarious. You could now nearly get a house for that on raglan road or ailsbury road!! So that house is realistically worth less than €150 really.
People and notions ha
What about Bank of Scotland selling on my mortgage & others in their Irish portfolio to a company called Tanager Ltd.
I’m in a tizzy all day because I don’t know what it means for us.
have your say