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  • Schiff seeks to invest in Eygpt, Tunisia firms

    Burbank Leader. CA
    July 9 2011


    Schiff seeks to invest in Eygpt, Tunisia firms


    July 8, 2011 | 1:59 p.m.
    President Obama's nominee for ambassador to Armenia, John Heffern, is
    scheduled to come before the Senate Foreign Relations Committee for
    questioning on Wednesday.

    Heffern is a career diplomat who now is the United States' deputy
    chief of mission to NATO in Belgium. He has also served in Indonesia,
    Africa, China and Japan.

    If confirmed by the Senate, Heffern will replace Ambassador Marie
    Yovanovitch, who is now deputy assistant secretary of state for
    Northern and Central Europe.

    Aram Hamparian, the executive director of the Armenian National
    Committee of America, hopes the lawmakers will push for clarification
    of White House policy on several issues being pressed by
    Armenian-Americans, including support for an Armenian Genocide
    recognition resolution and increased trade between the United States
    and Armenia.

    `We are hopeful that senators will also take full advantage of the
    opportunity afforded by this hearing to seek clarification regarding
    the Obama Administration's position on a range of foreign policy
    issues related to the Caucasus region,' Hamparian said in a statement.

    --

    The city of Glendale is on the verge of getting a great deal on
    hillside real estate, paying a total of $4,046 for three properties in
    the hills.

    The seller is Los Angeles County, which is looking to recoup
    delinquent property tax revenue from parcels that have been abandoned.

    Under state law, cities and other local government agencies can get
    first crack at properties in default before they are auctioned.
    Glendale is seeking to acquire and preserve as open space three
    parcels: one on Verdugo Woods Highway at the foot of New York Avenue,
    one on Cardigan Avenue near the Hillcrest debris basin; and one on
    Pasa Glen Drive, off the Glendale (2) Freeway just above the Glendale
    Sports Complex. The largest of the three sites is 4,700 square feet,
    the smallest is 2,530 square feet.

    L.A. County is expected to sign off on the sales at its July 12 meeting.

    Laura Stotler, a principal planner with the city, said these parcels
    are vacant and the city plans to maintain them as buffer zones around
    the debris basin or between the hills and nearby homes. She said
    properties acquired through a so-called Chapter 8 agreement are often
    remnants of full parcels near public works projects, and so are not
    well-suited to private uses.

    `When we see an opportunity to pick up properties for open space at a
    good price, then the city often purchases them,' Stotler said.

    The acquisitions have been in the works for more than a year, Stotler
    added. The city is not looking to make further purchases because of
    current budget constraints, she said.

    --

    Trying to ensure a positive outcome after key Arab Spring rebellions,
    Rep. Adam Schiff (D-Burbank) introduced a measure last month for the
    U.S. to invest in small- and mid-size firms in Egypt and Tunisia.

    Under the legislation, the federal government would provide financial
    aid, technical support and strategic advice to firms destabilized by
    the political unrest.

    `This is a once-in-a-generational moment, potentially one of the most
    promising that we have seen in decades, in which the U.S. has an
    historic opportunity to help people in the Arab world achieve a
    measure of democracy and self-determination,' Schiff said in a
    statement.

    Companion legislation was introduced in the Senate by Sens. John Kerry
    (D-Mass), Joe Lieberman (I-Conn.) and John McCain (R-Ariz.).

    The proposal is modeled after an effort in which the United States
    spent about $1.2 billion to encourage an open economy in Eastern Bloc
    countries after the collapse of the Soviet Union. Schiff said the
    investment here would be much smaller, $20 million in the first year
    and a total of $60 million over 30 years.

    On Thursday, Schiff turned his attention to Syria, where the popular
    rebellion against President Bashar al-Assad has been met by severe
    government violence. In a speech on the House floor, Schiff
    highlighted the Syrian government's torture and killing of a
    13-year-old boy, Hamza Ali al-Khateeb, who was observing a political
    demonstration before authorities whisked him away in April.

    `Bashar al-Assad is a ruthless tyrant whose time has passed and who
    clings to power by only by virtue of brutal force,' Schiff said. `Our
    role and that of the international community should be to work with
    Syrian opposition figures and others to advance a negotiated
    transition to a new Syrian government that will represent all
    Syrians.'

    http://www.burbankleader.com/news/tn-gnp-0710-pollandscape,0,1874301.story




    From: A. Papazian
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