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US toy retail giant Toys R Us files for bankruptcy in US, Canada

Thursday, September 21, 2017

On Monday night, New Jersey, US-based toy retail giant Toys R Us filed for bankruptcy in the US as well as in Canada. The retailer filed it from Richmond, Virginia for Chapter 11 bankruptcy code in the US, and a judge allowed a loan of over US$2 billion.

According to the filing, the retail chain owns US$6.6 billion in assets, but has a debt of US$7.9 billion. They were under a roughly US$5 billion debt since the company underwent a three-way acquisition in 2005. Kohlberg Kravis Roberts, Bain Capital, and Vornado Realty Trust acquired Toys R Us for around US$7 to US$7.5 billion. After the US judge approved a loan, Toys R Us received about US$3 billion from the lenders to continue the business and survive a competitive market, and restructure their business model. E-commerce giant Amazon.com, Walmart and Target are some of the competitors for the conventional ‘brick and mortar’ toy shop, with lower priced-merchandise and fast, cheap delivery. In a conference call in June, CEO Dave Brandon said “very, very aggressive pricing online” was causing problems. He also said the company was experiencing “significant weakness in demand for their products globally”. Toys R Us are to clear a debt of US$400 million by May 2018.

Toys R Us said they would continue to operate for the holiday season. Bankruptcy lawyer Jeff Gleit said Toys R Us “need to do both a financial restructuring as well as an operational restructuring” and “needs to modernize with the times”. Last holiday season, Toys R Us made sales around US$4.5 billion. Overall, the company reported a US$29 million loss in 2016. CEO Brandon said, “Our objective is to work with our debt holders and other creditors to restructure the US$5 billion of long-term debt on our balance sheet, which will provide us with greater financial flexibility to invest in our business”.

Toys R Us employs more than 60 thousand people in 38 countries around the world in more than 1600 stores. The company’s stocks fell by six percent after filing for Chapter 11 protection. US bankruptcy code Chapter 11 allows the company to restructure under a plan approved by the court. The company would also be shielded from creditors’ claims during the process. For the stores located in Canada, Toys R Us filed bankruptcy in Ontario and are to undergo reorganisation. However, 259 stores located outside the US or Canada will not undergo reorganisation, the company said.

Over 300 US-based retailers have filed for bankruptcy this year, and hundreds of stores closed.

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The Couple Had Only Been Dating For Two Months When They Announced Their Engagement On April 5. In T by Heidi PinkertonRead through Kanye West’s Total VMAs 2016 Speech Yeezy shared a photograph of a t-shirt that depicts 1 half of two very separate album covers: the explicit version of his cover for 2010’s My Lovely Dark Twisted Fantasy and Taylor Swift’s portrait on the cover of 2014’s 1989. He captioned the photo, “unity love,” however thinking about Swift has but to comment — she’s been active with jury duty — it is unclear how unified the newfound adore really is. how Kim Kardashian blows Ray J Courtesy of the business, Kim Kardashian and Kanye West, mixed net worth reportedly upwards of $300 million, are occupying jaw-droppingly fancy digs ” a $24.5 million, 7,000-square-foot Tribeca townhouse ” until finally late October, completely free of charge. What is Airbnb considering? Kristen and Maliboo will be obtainable for invest in on July twenty, even though Ginger launches July 22.The sexiest portion of the dress, even though, was the insanely plunging neckline, which practically stopped at her stomach button. full version of Kim Kardashian and Ray J’s sex tape The 29-12 months-previous posted a picture to Instagram of sweet moment between him and fiance Blac Chyna whilst they’re shot in front of a green display. Blue was her go-to shade and in this hilarious throwback scene from Retaining Up With the Kardashians, Kylie totally fails at her DIY dye job. Ray J ft out Kim Kardashian.Although Kim has still to make a authentic return to social media herself, shes been spotted on Kanyes page, as well as Khloe Kardashians and Kylie Jenners Instagrams and Snapchats. No. six! E! announced that Dreams birth will be featured on the approaching Rob & Chyna Infant Unique, set to air Sunday, December 18, at eight p.m. ET. This is the 2nd youngster for Chyna, who shares son King Cairo, four, with her ex-fianc, rapper. Kim Kardashian full tape In the meantime, Kardashian has been linked to many possible suitors.The sex tape Kim Kardashian produced with then boyfriend Ray J was instrumental in catapulting her to stardom, and in a recent interview the rapper unveiled that he just played a element in creating her famous. Kim Kardashian and Ray J streaming I will not think it would surprise anybody in her inner circle,” Halperin said a good friend of Caitlyn’s advised him. West sang along with interjected shoutouts to Cudi and then headed straight into “Touch The Sky.”Maloney, who steered Lennox Lewis to victory beneath the identify of Frank, finished her transition in April 2015. She recalls getting left shocked above stories that Jenner allegedly handpicked the ladies she travelled with in her reality demonstrate, I Am Cait. “They had to go by way of auditions. Also visit my website; kardashiantapes.net Speaking to E! Information on Tuesday, Kardashian Wests mom Kris Jenner stated her daughter would consider her time coming back into the spotlight. Its a process, said Jenner, 60. One day at a time. Its a course of action. The piece shattered all 1-day traffic data on GQ.comor total readership, for video, for search visitors, and even for men and women clicking that ol&apos hyperlink-in-bio on our Instagram. Irish News DUP Brexit push may possibly weaken United kingdom – and indicator party’s death warrant David McWilliams D&aacuteil envelopes used to promote Healy-Rae’s daughter Politics ‘I felt really let down’ – UCD pupil ‘humiliated’ right after he was turned away from bar for becoming black My tattoos are artwork, they inform my existence story, says new senator Brock Turner case: Hero student who stopped Stanford sex assault speaks outHi there! 🙂 My name is Heidi, I’m a student studying Environmental Management from Bodieve, United Kingdom.my website about Kim KardashianMysterious girl went on family vacation and became renowned many thanks to movie produced by Ray Jay. In addition Kardashians family videos, photographs as well as this website. Demonstrate everything is undetectableIf you liked this post and you would certainly like to get additional info concerning kardashiantapes.net kindly check out our own website.Article Source: eArticlesOnline.com

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Swine flu outbreaks appear globally; WHO raises pandemic alert level to 5

Wednesday, April 29, 2009

New cases of the swine flu virus have been reported around the world in recent days, prompting fear of a global influenza pandemic. As a result, the World Health Organization (WHO) raised the pandemic alert level to 5. The United Nations has warned that the disease can not be contained. At least 91 confirmed cases of the flu have been reported worldwide.

In a special report, Wikinews takes a look at the reaction to the outbreak, and how different countries around the world have been affected by it.

The disease, which is believed to have originated in Mexico, has now spread across the globe, with confirmed cases having been reported in Canada, the United Kingdom, Spain, New Zealand, Costa Rica and Israel. The United States has also reported its first death from the disease in a toddler. South Korea and France both had probable cases.

The WHO said on Tuesday that while it was not yet certain that the outbreak would turn into pandemic, countries should prepare for the worst. “Countries should take the opportunity to prepare for a pandemic,” said the acting assistant director-general for the WHO, Keiji Fukuda.

“Based on assessment of all available information, and following several expert consultations, I have decided to raise the current level of influenza pandemic alert from phase 4 to phase 5,” said Margaret Chan, the Director-General of the WHO, in a statement on Wednesday. “…All countries should immediately activate their pandemic preparedness plans. Countries should remain on high alert for unusual outbreaks of influenza-like illness and severe pneumonia.” After the announcement was made, Wikinews learned that the WHO website had crashed for several minutes, presumably due to high traffic volume.

There is no vaccine for swine flu. In 1976 during an outbreak of the virus, at least 500 people became seriously ill, and of them, 25 had died when inoculated with an attempt at a vaccination. The 500 that became ill developed a neurological disorder called Guillain-BarrĂ© syndrome (GBS) which caused paralysis “and is characterized by various degrees of weakness, sensory abnormalities and autonomic dysfunction.” Those who developed the disorder did so because of an immunopathological reaction to the drug. Nearly 40 million US residents, including then US president Gerald Ford, were inoculated.


Screening measures at Canadian airports have been raised on Tuesday to screen passengers returning from Mexico for symptoms of swine flu. The measures come amid reports that thirteen people have now been infected in the country, in four different provinces.

The Public Health Agency has recommended Canadians who have booked flights to Mexico to delay them if possible. Those who choose to fly anyway will be asked questions about their health after they return, such as whether they have had symptoms of the flu, like diarrhea, coughing, or a sore throat. If anyone answers in the affirmative, they may be further assessed and perhaps transferred to a quarantine officer, who will suggest that they seek medical help, or isolate themselves at home.

“These measures will help to prevent further spread and protect the health of Canadians and we thank you for your patience and co-operation with this process,” said the chief public health officer, David Butler-Jones.

Several Canadian airlines have also limited or cancelled flights to Mexico. Air Transat and its partner tour companies, Nolitours and Transat Holidays, have cancelled all flights bound to Mexico until June 1. West Jet has also stated that it will suspend all vacation planning and air flights for Cancun, Mazatlan, Cabo San Lucas, and other destinations in Mexico.

Egypt, which has not yet reported any cases of the flu, has recently begun a campaign to slaughter all 300,000 pigs in the country, despite assurances by health officials that the disease is not transmitted from animals to humans. “It has been decided to immediately start slaughtering all the pigs in Egypt using the full capacity of the country’s slaughterhouses,” Egypt’s health minister, Hatem el-Gabaly, told reporters.

Farmers have been protesting the measure. At one pig farming area in the country, crowds of farmers blockaded the roads to prevent health officials from entering to slaughter their pigs. Some of the farmers hurled stones at officials’ vehicles, and the latter was forced to retreat without killing any of the animals.

In Mexico, the epicentre of the outbreak, officials have announced up to 159 suspected deaths from the virus, out of a total of 2,498 suspected cases. The Mexican cabinet has announced that all flights departing from Mexico City will be suspended, while Argentina and Cuba have both cancelled all flights to the country. The European Union and the US have both issued warnings against traveling to Mexico.

The Royal Caribbean cruise line has suspended all stops in Mexico indefinitely, while Norwegian Cruise Line announced that its vessels will not make stops at Mexican ports until September of this year.

The government has ordered all restaurants in the country’s capital to serve only carry-out food, and closed archaeological sites with the intent of limiting large groupings of people. Churches, gyms, pool halls, and other institutions in Mexico City have been asked to close. School classes across the country have been suspended until May 6.

The Mexican government has estimated that the epidemic is costing companies in the capital at least US$57 million per day, and that tourism revenue has dropped by 36%. The finance ministry has set up a special fund of $450 million to fight the disease.

Thirteen confirmed cases have been known in New Zealand. All of them have been prescribed the antiviral drug Tamiflu.

New Zealand airports have now started to screen at least ten thousand people who arrive in the country from flights from Northern America. Those who display symptoms of the flu are taken aside by health authorities and placed into a quarantine.

“The number of suspected cases is likely in increase,” said Fran McGrath, the Deputy Director of Public Health. “While the numbers in any category will fluctuate, this is a pattern to be expected from an influenza outbreak. It is important to note that the 13 people we are treating as confirmed cases have all had mild flu symptoms, have received treatment and are all on the mend of have recovered.”

Spain’s health minister Trinidad Jinenez announced on Wednesday that a total of 53 persons in the country are under observation for the influenza. The number of confirmed cases in the country has been risen from four to ten, including one person who did not obtain the illness by traveling to Mexico.

Until now, Jimenez said that all of Spain’s confirmed cases involved persons who had recently visited Mexico, where the outbreak is believed to have began.

British Prime Minister Gordon Brown announced that five people who recently visited Mexico are now ill with the swine flu in the United Kingdom. “All of them have traveled recently from Mexico,” he said. “All of them have mild symptoms. All of them are receiving and responding well to treatment.”

The school of one the infected people, a twelve-year-old girl from Torbay, has been shut down and its 230 pupils given the drug Tamiflu, Brown said.

The Prime Minister said that the country is preparing for a possible pandemic. It has increased its stocks of antiviral drugs, enough for fifty million people, and ordered additional face masks for health workers. The government has encouraged all British residents to avoid travel to Mexico.

A 23-month-old boy from Mexico died at a Houston, Texas hospital on Wednesday, the first casualty from swine flu in the United States. The child had arrived in Brownsville, Texas, near the border with Mexico, with unspecified “underlying health issues” on April 4. Several days later, he presented symptoms of swine flu, and was hospitalized on April 13. The next day, the boy was transferred to a Houston hospital, where he remained until dying on Monday night of pneumonia brought on by the virus.

In response to the epidemic, Texas governor Rick Perry has given a disaster declaration. Schools have closed down statewide. Californian governor Arnold Schwarzenegger has also declared a state of emergency in his state.

The Centers for Disease Control and Prevention (CDC) updated the number of incidents of swine flu in the country to 64 on Tuesday.

President Barack Obama has asked Congress for a fund of $1.5 billion to fight the outbreak, saying that it is needed for “maximum flexibility to allow us to address this emerging situation.”

US health authorities have warned that more cases and fatalities from the flu are probable. “We expect to see more cases, more hospitalizations, and, unfortunately, we are likely to see more deaths from the outbreak,” said Kathleen Sebelius, the Health and Human Services secretary.

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Interview: Danny O’Brien of the Electronic Frontier Foundation

Tuesday, January 24, 2006

January’s second Interview of the Month was with Danny O’Brien of the Electronic Frontier Foundation (EFF) on 23 January in IRC.

The EFF is coming off a series of high-profile successes in their campaigns to educate the public, press, and policy makers regarding online rights in a digital world, and defending those rights in the legislature and the courtroom. Their settlement with Sony/BMG, the amazingly confused MGM v Grokster decision by the Supreme Court of the United States, and the disturbing cases surrounding Diebold have earned the advocacy organization considerable attention.

When asked if the EFF would be interested in a live interview in IRC by Wikinews, the answer was a nearly immediate yes, but just a little after Ricardo Lobo. With two such interesting interview candidates agreeing so quickly, it was hard to say no to either so schedules were juggled to have both. By chance, the timing worked out to have the EFF interview the day before the U.S. Senate schedule hearings concerning the Broadcast flag rule of the FCC, a form of digital rights management which the recording and movie industries have been lobbying hard for – and the EFF has been lobbying hard to prevent.

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May, 2014 byAlma Abell

Workers compensation is a very important form of insurance in this country. Every single day, workers compensation is used to help those that have been injured on the job, to pay their bills and help them recover from their injuries so that they can return to health and get back into the work force. Obtaining a workers compensation claim can actually end up being a very complex process, as your employer and the employer’s insurance provider will usually do what they can to prove that the injury you received while on the job was your fault due to your negligence.

[youtube]http://www.youtube.com/watch?v=fclFSVd5-HY[/youtube]

If you are dealing with a serious workers compensation situation, there are avenues that you can go down to help you get the claim approved so that you can move forward with your life. Not being able to work and provide for your family can be an incredibly difficult thing to deal with, but if you hire a lawyer who handles work comp in Jonesboro GA you can at least get compensation for your injuries and financial losses.

Dealing with a workers comp claim can be a very stressful thing, but a lawyer can help make things easier for you. If you have recently been injured on the job, one of the first things that you should do is contact an attorney who takes care of work comp in Jonesboro GA. The process of filling out the forms can be incredibly confusing for those that have never had to deal with it, and a lawyer can help you in this instance. If your job has determined that you do not qualify for comp, an attorney can also help you get the claim that you deserve. Some may have also had an employer force them to work in situations against your doctors medical orders, and a lawyer can help you in this situation as well.

The Monk Law Firm can help you handle any type of legal situation that you may be involved with. Workers comp is just one of the many areas that they practice in. If you are dealing with a personal injury, medical malpractice or many other types of cases, they can give you hand. Don’t go into a court room alone, it pays to have a solid team behind you.

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Ukrainian manufacturer preparing to sell Adolf Hitler dolls

Thursday, April 24, 2008

 Correction — May 3, 2008 This article has been retracted. This article has been deemed a hoax. Please see the follow up article, Hitler doll story found to be hoaxed, for more information. 

News reports are claiming that dolls depicting former Nazi leader Adolf Hitler will go on sale in Ukraine. These reports cite Ukraine’s Zerkalo Nedeli newspaper which reported that a toy manufacturer would release the line of Hitler dolls in the summer.

The 40cm doll will reportedly first be available in Kiev with a ÂŁ100 (GBP) price tag and comes with a large range of accessories in a presentation box with the dates of Hitler’s birth and death.

Nazis images are illegal in Ukraine, with positive portrayal specifically banned. However, there are allegations that right-wing nationalist politics are gaining strength in the country and that xenophobia and racism are on the rise, including some said to be comparable to that present in Germany under Nazi rule. Fascism and propaganda are also banned.

When the former Soviet Union, including Ukraine, was invaded by Germany under Hitler’s rule 2–3 million Ukrainians were among the casualties, of which 1.5 million were Jews.

Adolf can be dressed in various guises, including “early days Adolf”, which consists of a brown shirt and jodhpurs, and “Wartime Adolf”, which features a grey tunic, black trousers and the Iron Cross medal. The doll also comes with boots and shoes, caps, gloves, full uniforms, cane and belt which can be placed on Hitler, whose arms move, allowing the doll to replicate the famed salute of its real life counterpart.

Kids can undress fuhrer, pin on medals and there’s a spare head in the kit to give him a kinder expression on his face

Also included is a model of Blondi, Hitler’s female German Shepherd, who was exceedingly loyal to Hitler. Hitler poisoned Blondi with cyanide in 1945 at the same time as taking his own life in his bunker at Berlin.

“It is like Barbie. Kids can undress fuhrer, pin on medals and there’s a spare head in the kit to give him a kinder expression on his face. He has glasses that are round, in the manner of pacifist John Lennon,” said one saleswoman. The company, which will release the dolls in Summer, says that if demand is high a range of toys themed on the Third Reich may be released, to include barracks, working models of crematoriums and gas chambers, concentration camps and interior models of the chancellery.

The doll is not set to be released until the summer, but BBC News Online has footage suggesting that some stores are selling the doll already.

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August

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Teräsbetoni frontman J. Ahola on representing Finland at Eurovision 2008 & more

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Teräsbetoni frontman J. Ahola on representing Finland at Eurovision 2008 & more
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Sunday, April 13, 2008

This article is a featured article. It is considered one of the best works of the Wikinews community. See Wikinews:Featured articles for more information.

Teräsbetoni means “steel-reinforced concrete”, and is also the name of a Finnish heavy metal band formed in 2002. Their music, which centres on an honourable warrior lifestyle or on metal itself, quickly became popular in 2003 on the Internet, resulting in a petition by fans being sent to several record labels demanding a recording deal. In late 2004 the band signed to Warner Music Finland, and the following year debut single Taivas lyö tulta rose to number one in the Finnish charts, and debut album Metallitotuus hit number two and went platinum, and has now sold about 47,000 copies.

The band, who sing exclusively in Finnish, have just released their third album, Myrskyntuoja. The lead single on this album is Missä miehet ratsastaa, which Teräsbetoni decided to enter in the Finnish selections for the 2008 edition of the Eurovision Song Contest, where it was selected to go on to the semi-final in Belgrade, Serbia as Finland’s representative this year. Although Finland has seen limited success in the contest, their only victory was with a comparable group. In 2006 hard rock band Lordi – whose monster costumes and pyrotechnic displays are famed – achieved a record 292 points in the final with Hard Rock Hallelujah.

Teräsbetoni’s frontman, vocalist and bass guitarist Jarkko Ahola’s fame extends beyond the band he heads. He also features in Finnish symphonic power metal cover supergroup Northern Kings, alongside Marco Hietala of Nightwish and Tarot, Tony Kakko of Sonata Arctica and Juha-Pekka Leppäluoto of Charon.

Wikinews was able to conduct an exclusive interview with Jarkko Ahola to discuss these various achievements. This interview is now published below for the first time.

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August

2

A Used Subaru Impreza Is A Fine Choice In Cars

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For people that are looking for a fuel-efficient compact cat that is comfortable, has proven reliability and can deal with the snow on the streets of Chicagoland, a used Subaru Impreza In Naperville might be just the ticket. The Impreza is available in either a sedan variant or hatchbacks, regardless of the model you will find they both have a great deal of interior room. As is true with all Subaru’s, the Impreza has all wheel drive, and although you might think this feature would drive the cost of a used model up, it does not.

Many people think well into the future when they buy a new car. Those who purchased an Impreza in 2013 certainly did, today the vehicle has high resale ratings along with top-notch crass test ratings and proven reliability.

  • Features and options:

A 2013 used Subaru Impeza in Naperville offered only one engine, a reasonably powerful 2-liter. To get the power to the road there was a choice between a 5 sped manual transmission and CVT, continuous variable automatic. Both the manual and automatic transmission models gave great fuel economy; the automatic was rated at 27 mpg in the city and 36 on the open road.

Along with the two body styles, the Impreza had five trims; from the base 2.0i through 2.0i sports limited. Even at the base level the car had impressive features; remote keyless entry, air conditioning, full power accessories and a great deal more including iPod and Bluetooth interface.

  • Safety:

Of course, anyone that is considering buying a used Subaru Impreza in Naperville is justifiably concerned about safety. The Impreza was given the highest rating by Insurance Institute for Highway Safety.

When new, the Impreza came with a 3-year bumper to bumper warranty as well as 5 years on the power train. If the used Subaru you buy is classified as a certified pre-owned vehicle the power train warranty went out to 7 years, plenty left if you opt for a 2013, 14 or 15 model year.

If you are looking for a reliable used Subaru Impreza in Naperville, you will be pleased with the models you can find when you visit Hawk Subaru at http://www.hawksubaru.com/

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August

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IRA disbands military structure

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IRA disbands military structure
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Thursday, October 5, 2006

The Independent Monitoring Commission has reported that the Provisional Irish Republican Army has undergone major changes within their military structure and shows that the IRA Army Council wants to put its military campaign behind it. The Commission consists of John Alderdice, a former Alliance Party leader; Joe Brosnan, former Secretary General of the Department of Justice, Republic of Ireland; John Grieve, former Deputy Assistant Commissioner of the Metropolitan Police and former head of the Metropolitan Police Anti-Terror Branch; and Dick Kerr, former Deputy Director of Central Intelligence Agency.

The report states the IRA no longer has the capacity to mount a military campaign anymore or return to one. The units that have been shut down were responsible for weapons-making, arms smuggling and training. The IRA decommissioned their arms last year.

The report also mentions that the IRA has also put its criminality beyond use and is “clamping down” on criminals within the organization, said Lord Alderdice, as he presented the report. He also added, “That doesn’t mean that criminal activity by all members has stopped but the leadership has made public statements and internal directions, investigated incidents of breach of the policy, even expelled some members and has emphasised the importance of ensuring that business affairs are conducted in a legitimate way.”

Finally, the report added that there is not enough evidence or intelligence to identify who killed Denis Donaldson, a British spy who infiltrated the IRA and Sinn Fein, before revealing his status as a spy.

However, the report added that splinter groups like the Real IRA (RIRA) and Continuity IRA (CIRA) are still threats and are still continuing their activity. The Real IRA was the group behind the deadly 1998 Omagh bombing. The Irish National Liberation Army (INLA) “was not capable of undertaking a sustained campaign [against the British State], nor does it aspire to” according to the report.

It is also noted the creation of two new organizations, Oglaigh na hEireann (Irish Gaelic for “Volunteers of Ireland” and is used by the Irish Defence Forces and the various IRAs.) and the Republican Defence Army. However, the groups are small dissident factions according to the report.

The report also added that the two loyalist paramilitaries, the Ulster Defence Association (UDA) and the Ulster Volunteer Force (UVF) are also beginning to move from violence but at slower pace and not at a grassroots level like the IRA. Another loyalist paramilitary, the Loyalist Volunteer Force

The report was received warmly by Irish Toaiseach Bertie Ahern and British Prime Minister Tony Blair. Ahern, said “These positive and clear-cut findings are of the utmost importance and significance. It is time to make decisions and for Northern Ireland to look to the future.”

“The IRA has done what we asked it to do, and while issues like policing remain to be solved, the door is now open to a final settlement, which is why the talks next week in Scotland are going to be so important.” said Tony Blair in a live statement.

In a surprising reaction, the notoriously hardline leader of the Democratic Unionist Party, Ian Paisley, also welcomed the report. He believes that his party’s pressure is working and if Sinn Fein signs up to policing there could be a deal. Paisley said, “If the police question is settled absolutely on a democratic basis and principle we would have come a long way along the road.”

Sinn Fein leader Gerry Adams said “The DUP don’t have anything other than very limited options. They will or will not participate in power-sharing arrangements. If they don’t participate they are condemning people here, but particularly their own constituents, to second class public services, run by second class fly-in, fly-out British ministers. All the DUP can do is to delay, is to attempt to slow down, but they can’t stop the process of changing.”

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