Colombia Reinforces Military Presence in Response to FARC Attacks

first_imgBy Dialogo February 06, 2012 Two attacks with explosives that left 15 dead in two towns in southwestern Colombia, attributed to the FARC guerrilla group, led President Juan Manuel Santos on February 2 to launch major Military reinforcements in the region. “Tumaco has suffered a great deal; it’s known as a strategic center for ‘narcoterrorism.’ We’ve decided to move into Tumaco with one Marine unit and another from the Army. It’ll add up to more than 2,500 additional men,” said Santos, who traveled to the region to hold a security council meeting. The decision was also made to increase the police contingent by 300 men. In the attack in Tumaco, on February 1, nine people died and 69 were injured. Colombian Defense Minister Juan Carlos Pinzón characterized the attack as “terrorism” and blamed the FARC and the criminal gang Los Rastrojos [The Stubble] for the attack. “The FARC, in alliance with Los Rastrojos, are defending a drug-trafficking route to the Pacific. What they’ve done is pure and simple terrorism, and force is going to be used directly against those organizations,” he said. While Santos was in Tumaco, a car bomb exploded in front of a police station in the center of the town of Villa Rica, in the department of Cauca, causing six deaths and approximately 30 injuries. Those killed included two minors and the commander of the police station where the device exploded. Like the one in Tumaco, this attack was also attributed to a FARC front operating in the area. The attacks occurred hours after the guerrilla group indefinitely postponed the release of five police officers and one member of the Military, all kidnapped and held for over 12 years, on the grounds that the area where they were to be turned over had been militarized. “The attacks in Tumaco and Villarica are regrettable (…) With these actions, the FARC makes any possibility of dialogue ever more distant,” Interior Minister Germán Vargas Lleras wrote on his Twitter account.last_img read more

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Brisbane house price median hits new high: What’s your home worth?

first_img TOP GROWTH SUBURBS FOR HOUSES IN BRISBANE LGA IN DEC 2019 QTR The Real Estate Institute of Queensland’s quarterly market monitor, released today, reveals the strong result was mainly driven by the inner-city market, where the median house price jumped by 7.6 per cent to $850,000.Inner-city suburbs such as Petrie Terrace, Highgate Hill, Coorparoo and Windsor recorded double-digit house price gains, while the middle-ring suburbs of Enoggera and Fig Tree Pocket also outperformed.It comes as some prestige agents say Brisbane’s high-end housing market is hotter than ever, despite concerns around the impact of the coronavirus. Ray White New Farm principal Matt Lancashire has inked seven sales over $4 million in 2020 — his strongest start to a year — with four of those sales transacting after COVID-19 started to spread. 6. Kangaroo Point $1.1m 8.8% 19.6% 7. Fig Tree Pocket $1.12m 8.3% 6.7% 8. Wilston $1.06m 8.2% 20.5% Suburb Annual median price Quarterly change % Annual change % 15 Syntax Street is in Sadliers Crossing, the top median house price grower in the Greater Brisbane region.More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours ago 15 Syntax Street, Sadliers Crossing, is on the market looking for offers over $289,000.There was also significant infrastructure investment in Brisbane LGA during the December quarter.A new Roma Street Cross River Rail Priority Development Area (PDA) was declared to support the renewal of the inner-city transport precinct.State development, manufacturing, infrastructure and planning minister Cameron Dick said the 32ha PDA would fast-track the delivery of the new underground Cross River Rail station.“The New Cross River Rail Roma Street station will be the city’s pivotal arrival point, linking passengers with the existing interstate and suburban rail, the busway station and proposed Brisbane Metro station,” Mr Dick said.“There will be unique opportunities for urban development, economic stimulation and job creation. It will provide critical public transport connectivity between the precinct and the city centre and to the nearby neighbourhoods of Petrie Terrace and Spring Hill.”“This is a purpose-built facility to suit the cruise industry. We’ve worked very closely with the cruise lines and other stakeholders from the start of the process to ensure it delivers a seamless experience for travellers starting or finishing their journeys,” he said. Palmer wants special pontoon permission MORE: Cheapest mortgages in history for Aussie homeowners 1. Petrie Terrace $920,000 14.3% 17.9% 84 Princess Street is in Petrie Terrace, the suburb which had Brisbane council region’s top median house price growth in the December quarter. The house is on the market looking for offers over $899,000.“I have a database of every buyer who has ever inquired with me on any property over $5 million, so I have a database of 1660 prestige buyers,” Mr Lancashire said. “And there are some serious buyers looking.”Buyer confidence and a lack of listings has been fuelling demand, with the REIQ research showing the number of properties listed for sale in Brisbane dropped sharply in 2019 — down 9.8 per cent compared with the previous year.That means buyers are competing for fewer properties, as well as having to contend with a resurgence of investors and first-home buyers.REIQ CEO Antonia Mercorella said the record result was a reflection of stronger market conditions over the quarter, thanks largely to lower interest rates, less conservative lending criteria and a rebound in buyer demand.“It’s the first time (the median house price has) had a seven in front of it,” Ms Mercorella said. “I think that’s a significant breakthrough. Daniella and Benjamin Davis, with their boys Tyler, 8, and Houston, 7, are selling their house in Coorparoo, which is one of the suburbs that has recorded strong house price growth in Brisbane. Photographer: Liam Kidston.BRISBANE house prices have hit a record high thanks to cheap money, a bounce back in buyer confidence and a sharp drop in listings, but Queensland’s peak real estate body warns there are fresh hurdles ahead.The median house price for Brisbane’s local government area increased 3.6 per cent in the December quarter to an all-time high of $703,000 — breaking through the $700,000 ceiling for the first time. Suburb Annual median price Quarterly change % Annual change % TOP GROWTH SUBURBS FOR UNITS IN BRISBANE LGA IN DEC 2019 QTR 1. Sadliers Crossing $357,500 12.6% -2.7% 2. Kurwongbah $685,000 12.3% 14.6% 3. Highvale $1.05m 11.1% 15.4% 4. Godwin Beach $507,500 9.7% 10.3% 5. Samford Valley $987,500 7.6% 5% 6. Wamuran $625,500 6.9% 1.7% 7. Woodend $405,000 5.2% 18.2% 8. Basin Pocket $265,000 5% 2.9% 9. Yamanto $398,000 4.5% 11.8% 10. South Maclean $590,000 4.4% 7.5%(Source: REIQ) Across Greater Brisbane, Logan, Moreton Bay and Redland all recorded falls in their median house prices over the year. The median house price in Logan fell 1.3 per cent to $395,000, 0.4 per cent to $446,000 in Moreton Bay and 1.9 per cent to $525,000 in Redland.Ipswich was the only outer LGA to record a rise in median for the year, with an increase of 0.3 per cent to $346,000.Ipswich was the only LGA in Greater Brisbane to record a rise in its annual median unit — increasing 2.3 per cent to $335,000.The biggest drop in median unit price in Greater Brisbane was recorded in Logan, which was down 10.2 per cent. 2. Highgate Hill $1.026m 12.7% 15.9% 3. Coorparoo $970,000 10.9% 16.2% 4. Windsor $995,500 10.6% 23.2% Suburb Annual median price Quarterly change % Annual change %center_img 1. Point Lookout $410,000 10.8% 8.6% 2. Petrie $310,000 8.8% -3.7% 3. Clontarf $335,000 4.7% 8.4% 4. Cleveland $400,000 2.6% 0% 5. Lawnton $244,000 2.1% 2% 6. Daisy Hill $285,000 1.8% -3.4% 7. Shailer Park $292,500 1.7% 3.7% 8. Thorneside $318,000 1.4% -0.6% 9. Brassall $274,500 1.4% -2% 10. Kallangur $290,000 0.7% 0.5% (Source: REIQ) 1. Enoggera $384,000 14.8% 12.9% 2. Grange $443,500 14.6% 12.7% 3. Alderley $425,500 13.3% 13.3% 4. Mount Gravatt $423,750 13% -1.5% 5. Camp Hill $499,000 11.6% 1.8% “We know listings are down, so when an opportunity pops up, people are grabbing it and they’re prepared to pay more to secure that property that’s closer to the action.”But while the quarterly performance is cause for celebration, Ms Mercorella acknowledges there are uncertain times ahead for the state’s housing market when it comes to the coronavirus.“Despite good fundamentals in Queensland, we would expect to see the most immediate impact likely in the rental space,” she said. “I think we’re likely to start seeing, in the not-too-distant future, renters losing their jobs and perhaps having the inability to meet rent obligations. “That’s concerning, so it’s really important we see the state government announcing a package for renters to give assurance to tenants and investors.”Ben and Daniella Davis are selling their five-bedroom house in Coorparoo, a suburb which recorded one of the strongest house price gains during the December quarter.Mr Davis, a builder by trade, said he was not surprised the median house price for the inner-south suburb had jumped by almost 11 per cent in the final three months of December to $970,000. TOP GROWTH SUBURBS FOR HOUSES IN GREATER BRISBANE DEC 2019 QTR 7/16 Hawthorne Street is in Enoggera, Brisbane’s top median unit price growth suburb in the December quarter. 7/16 Hawthorne Street, Enoggera, is on the market priced in the mid $400,000s.He said he knew developments such as Coorparoo Square had the potential to increase capital growth for homeowners in the area.“I keep an eye on the market as far as what’s happening in the area and seeing all these developers starting to put money into the area, I really saw it was a suburb coming of age,” Mr Davis said.The couple bought their property at 35 Walker Street three years ago and have since raised it, built underneath and installed a pool.“We’re selling sooner than we were wanting to originally because we see it as a good time to be selling,” Mr Davis said. “All the signs are positive.”Marketing agent James Curtain of Place Woolloongabba said he had noticed an increase in appetite for property in Coorparoo and surrounding suburbs in the inner south.“There is always a good energy for property in Coorparoo, regardless of the price point,” Mr Curtain said. “I think we have certainly seen that increase in the past six months.” TOP GROWTH SUBURBS FOR UNITS IN GREATER BRISBANE IN DEC 2019 QTR 5. Enoggera $703,000 9.2% 3.4% Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Suburb Annual median price Quarterly change % Annual change % 9. Gumdale $1.1m 7.9% 32.9% 10. Nundah $760,000 7.5% 8.4%(Source: REIQ) “The quarter performed so strongly because if you think about the 12 months preceding, we absolutely saw a slowdown in that period caused by a series of factors that had a bearing on confidence. “Hopefully, what we’re now seeing with this quarterly change, is that confidence returning. I think we’re also seeing some of those buyers who were holding off clearly making a decision to return to the market.”Ms Mercorella said suburbs within a 10km radius of Brisbane’s CBD outperformed during the December quarter because of strong interstate migration and relative affordability compared with other capital city markets.“Because the affordability in Brisbane is so extraordinarily good compared to Sydney and Melbourne, those people are coming and are able to buy in those premium suburbs, close to the city with all the amenities,” she said.“In some cases they’re very cashed-up buyers and their dollar goes so much further here.“I also think people want to live close to the action. We are becoming such a sophisticated modern city and at the end of the day, those inner suburbs are the most popular. 6. The Gap $540,000 11.3% 11.3% 7. Ascot $485,000 9.7% 7.9% 8. Corinda $420,000 9.1% 4.9% 9. Oxley $345,000 7.8% 1.5% 10. Mansfield $455,000 7.1% 4.4%(Source: REIQ) Mr Curtain said interstate buyers who were originally lured to Hawthorne or Bulimba often ended up in Coorparoo.“They love the elevation, the old-world nature, the leafiness and the access to amenities,” he said. “All the characteristics that appeal to an inner-city buyer, Coorparoo has in spades. “It attracts professional families looking for big homes on big blocks and younger couples looking to get a start.” Brisbane’s unit market continued to soften in the December quarter, with the median unit price slipping 2.8 per cent to $440,000.But Ms Mercorella said there were strong signs the unit market was recovering — particularly in the inner-city suburbs where oversupply was a concern in recent years.The median unit price in South Brisbane actually increased by 3.3 per cent during the quarter to $501,000. Mr Curtain said the stock “surplus mentality” had disappeared from Brisbane’s inner south unit market.“Younger couples, even professionals with one child, who can’t afford houses are willing to buy apartments in Woolloongabba and Kangaroo Point because of the superb amenities,” he said. last_img read more

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PH starts VFA termination: Locsin hails Duterte’s threats to end military deal with…

first_img“Karonsi Bato di nila paadtuon saAmerica. I (am) warning you this is the first time, pag hindi ninyo ginawa ang correction diyan, one, I will terminate the bases Visiting Forces Agreement. Tapusin ko ‘yang putangina,” Dutertesaid. President Duterte earlier issued awarning that he will not think twice to cancel the agreement if the US will notcorrect the matter involving Dela Rosa’s US visa. MANILA – The process for the terminationof the Visiting Forces Agreement (VFA) between the Philippines and the UnitedStates has commenced, Malacañang announced Friday. “I think the US should be concernedabout this decision of the President because its strongest ally in the regionreacting against it,” he further said./PN The US and the Philippines also inkedthe VFA and Enhanced Defense Cooperation Agreement (EDCA), which allows greaterUS troops’ access to Philippine bases and presence in the country. The Philippine government started the process of terminating its Visiting Forces Agreement with the United States upon the orders of President Rodrigo Duterte, who wanted to end the military deal after Washington canceled the visa of his former police chief, Sen. Ronald “Bato” Dela Rosa. ABS-CBN NEWS The Philippines and the US are treatyallies, having signed the 1951 Mutual Defense Treaty that obliges Americantroops to help defend the Philippines if it comes under attack. He added the Palace will no longer waitfor Washington’s response on Duterte’s warning to reverse the cancellation of Sen.Ronald dela Rosa’s US visa within a month. Department of Foreign Affairs SecretaryTeodoro Locsin also ordered Defense Secretary Delfin Lorenzana to start thetermination process. “US Ambassador Sung Kim have sought ameeting with Executive Secretary Salvador Medialdea to discuss the impendingtermination of VFA,” Panelo said. “I am giving notice and they begin tocount. I am giving government and the American government one month from now, mag estorya me, pahawaon ko sila sa ilang Visiting Forces Agreement,” he added. Panelo, meanwhile, explained thatPresident Duterte can scrap the VFA even without the approval of theSenate.  “Can you imagine they have the gall totell us what to do with our citizens. Eh,sobra na ‘yan kaya galit si Presidente,” he added. An attack against Philippine armedforces, public vessels or aircraft falls under its obligations in the treaty. “Because it (VFA) is an executiveagreement so he can cancel it without the approval of the Senate,” Panelo saidin an interview in Bacolod City on Friday. President Rodrigo Duterte made theorder, a day after making a threat in his speech in Leyte. “The process for terminating thesame has started. The President feels that we cannot sit down idly,” PresidentialSpokesperson Salvador Panelo said in a media briefing at the MalacañangPalace. last_img read more

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