MUHARRAM 28,1440 AH MONDAY, OCTOBER 8, 2018
Max 40º 28 Pages Min 25º 150 Fils Established 1961
ISSUE NO: 17651 The First Daily in the Arabian Gulf www.kuwaittimes.net
Goldsmith: Respected Israeli PM’s wife goes on China admits Interpol chief being Stunning Farah claims Chicago 3 profession in Kuwait 7 trial in delivery meals case 24 probed; wife received knife emoji 28 Marathon in European record
Saleh urges govt to abandon plan to hike service charges Hayef warns to grill PM over bedoons • Hajraf questions plot distribution
By B Izzak remarks came as Finance Minister Nayef Al-Hajraf reit- an solution to thousands of stateless people, locally with health cards that allow them to obtain essential erated the government’s determination to continue with known as bedoons. Hayef charged that the central services from the government, adding that the agency KUWAIT: MP Khalil Al-Saleh yesterday called on the economic reforms that include subsidy cuts despite the agency for bedoons has so far failed to provide a viable had communications with over 70 government depart- government to completely drop the idea of imposing surge in oil prices, which provide around 90 percent of solution that provides essential services for some ments regarding the issue. He said that the agency has charges on public services as a means of boosting non- public revenues. 120,000 bedoons living in Kuwait. boosted cooperation with the Assembly panel to resolve oil revenues, saying that verbal assurances are not suffi- Between late 2014 when oil prices crashed and last The remarks came after a meeting between the problems facing bedoons. cient. He said that in order for the government to provide year, the government introduced several measures to Assembly panel and bedoons agency to study ways to Separately, MP Mubarak Al-Hajraf yesterday charged strong assurances, it must exclude raising charges on boost non-oil revenues, including raising fuel and power resolve the humanitarian concerns of bedoons. Acting that Commerce and Industry Minister Khaled Al- public services from its program of economic reforms in charges, but most of them targeted expatriates in the secretary general of the agency Najib Al-Othman said Roudhan misled the government over the distribution of the same way it excluded taxes on companies. country. The government also raised medical charges for he briefed the Assembly panel about the measures taken industrial plots in two projects that were not ready. He The lawmaker called on the finance minister to expatriates. by the agency toward a group of bedoons who had said that the minister announced the distribution in the quickly answer a question he sent to him on why the Meanwhile, MP Mohammad Hayef, a member of the obtained fake third-country passports or those who two projects which were supposed to have been com- government economic reform plan included the inten- National Assembly’s human rights committee, yesterday were never registered by the agency. pleted, but work has not even started on them. The law- tion to raise charges on public services while it warned that he may file to grill the prime minister if the He said that the agency began implementing an maker said he will include the new “scandal” in a grilling dropped plans to impose taxes on companies. Saleh’s government continues to ignore providing a humanitari- agreement with the Assembly to provide those bedoons he plans to file shortly against the minister.
According to a report on the official Saudi obtain documents needed to marry his Riyadh denies Press Agency, a consulate official strongly Turkish fiancee. Erdogan said he would wait denounced these baseless allegations, and for the outcome of the current investigation expressed his doubt that they came from before taking a decision. “I am following the Khashoggi killed Turkish officials that are informed of the (issue) and we will inform the world whatever investigation or are authorized to comment the outcome” of the official probe, the presi- in its consulate on the issue. The source added that a security dent told reporters in Ankara. “God willing, delegation of Saudi investigators arrived in we will not be faced with a situation we do ISTANBUL: Turkish President Recep Tayyip Istanbul Saturday based upon a request by not want.” He said police were examining Erdogan yesterday said he was awaiting the the Saudi government, and the acceptance of CCTV footage of entrances and exits at the results of an investigation into the disappear- the Turkish authorities. consulate and Istanbul airport. ance of a Saudi journalist who a government The source noted the kingdom’s apprecia- Police said earlier that around 15 Saudis, source said was killed at Riyadh’s consulate in tion for the brotherly Turkish government’s including officials, arrived in Istanbul on two Istanbul. Washington Post contributor Jamal acceptance of the request. The delegation is flights on Tuesday and were at the consulate Khashoggi, 59, vanished after an appointment there to assist in the investigations regarding at the same time as Khashoggi. “Based on with Saudi officials on Tuesday. A Turkish the disappearance of Khashoggi, SPA quoted their initial findings, the police believe that the government source told AFP that police the source. The source stressed that the king- journalist was killed by a team especially sent believed Khashoggi was killed at the Istanbul dom holds the safety and wellbeing of its citi- to Istanbul and who left the same day,” the consulate, which Riyadh strongly denied. The zens wherever they are, and that relevant government source told AFP on Saturday. The consulate rejected the claims that the journal- authorities in the kingdom are diligently fol- journalist went to the building but “did not ist was killed there as “baseless”, in a Twitter lowing up on this matter to uncover the com- come back out”, police were quoted as saying ISTANBUL: A Saudi official gestures as he stands at the door of the Saudi consulate in message. It said a Saudi team was in Turkey plete facts. by Turkey’s state-run Anadolu news agency. Istanbul yesterday. —AFP to investigate the disappearance. Khashoggi had gone to the consulate to Continued on Page 24
News in brief ple allegations of sexual misconduct and Kavanaugh been criticized for his angry partisan rhetoric. The prolonged nomination battle 20 killed in NY limo crash has roiled American politics, disrupting sworn in the status quo on Capitol Hill and firing NEW YORK: Twenty people have been killed in a car up both Republicans and opposition crash in the US state of New York, police confirmed yes- after fight Democrats a month before crucial terday, with local media reporting that one of vehicles midterm elections. The two-vote margin slammed into a crowd of pedestrians at a country store. WASHINGTON: Conservative US judge of victory made it the closest Supreme Police said the accident occurred Saturday afternoon Brett Kavanaugh was confirmed to the Court confirmation vote since 1881 - and when two cars collided in Schoharie County, near the Supreme Court Saturday by a razor-thin by far the most contentious since state capital, Albany. An SUV-style stretch limousine sped margin in the Senate, ending months of Clarence Thomas in 1991. down a hill, crashing into pedestrians outside the Apple partisan rancor over his nomination and “This is a historic night,” Trump told Barrel Country Store and Cafe, the Albany Times Union offering Donald Trump one of the biggest supporters at a rally in Kansas after sign- said, citing police. A witness named as Bill Waterson said victories of his presidency. Kavanaugh ing Kavanaugh’s commission aboard Air the limousine was carrying a party on their way to a wed- was sworn in shortly after the Senate vot- Force One. “I stand before you today on the heels of a tremendous victory for our ding reception. It was unclear how many of the fatalities ed 50-48 in his favor - a move that nation, our people and our beloved were pedestrians or occupants of the vehicles but wit- cemented the high court’s shift to the right under the Republican leader, who Constitution.” Trump will host Kavanaugh nesses at the scene said several bodies could be seen on at the White House for a public swearing- has chosen two of the nine sitting justices. WASHINGTON: Chief Justice John G Roberts, Jr (right) administers the constitutional oath the ground outside the Apple Barrel. — AFP in ceremony today, following Saturday’s Protesters rallied in Washington and to Judge Brett M Kavanaugh in the Justices’ Conference Room in the Supreme Court formal oath-taking at the high court. other US cities against the ascent of the building on Saturday. Ashley Kavanaugh holds the Bible. — AFP Bahrain approves draft VAT law 53-year-old judge, who has faced multi- Continued on Page 24
DUBAI: Bahraini legislators approved a draft law yes- terday that would see value-added tax (VAT) imposed for the first time in the kingdom, state news agency BNA reported. The House of Representatives approved a Gulf agreement to introduce VAT after a royal decree Nurmagomedov ordered parliament to hold an extraordinary session yesterday, BNA reported, without giving details of the vote. The move came a few days after Bahrain’s wealth- beats McGregor as ier neighbors Saudi Arabia, the UAE and Kuwait offered a $10 billion aid package to avoid the risk of a brawl mars bout debt crisis in the country, which was also tied to fiscal reforms. The bill is yet to be approved by the parlia- LOS ANGELES: Khabib Nurmagomedov thwarted Conor ment’s upper house, which is expected to hold a similar McGregor’s bid to regain the UFC lightweight crown Saturday session later this week. Introducing VAT at a 5 percent with a dominant submission victory in a grudge match marred by rate was part of a GCC agreement in 2018. — Reuters a post-fight brawl. Nurmagomedov improved to 27-0 in his pro- fessional career - 11-0 in UFC bouts - with the win at a sold-out T-Mobile Arena in Las Vegas. The UFC lightweight champion had 39 dead in DRC collision McGregor on the ground less than a minute into the opening round and kept the Irish fighter - a former UFC featherweight KINSHASA: Thirty-nine people died in an oil tanker and lightweight champion - on his back for much of the fight. accident in the Democratic Republic of Congo, accord- McGregor managed to stay on his feet for most of the third ing to an official death toll yesterday, as President round, but the once feared striker couldn’t hurt Nurmagomedov Joseph Kabila decreed three days of mourning for the and in the fourth, the champion took him down again. McGregor victims. Earlier tolls put the number of dead at between managed to roll away briefly before Nurmagomedov ended up in a full mount, getting him in a brutal rear-naked chokehold that 20 and 60. The accident happened early on Saturday had McGregor tapping out at 3min 3sec of the round. when the oil tanker collided with a vehicle on a high- Nurmagomedov had barely released his hold when he way 120 km west of the capital Kinshasa. Transport launched himself over the octagon fence, apparently targeting Minister Jose Makila and Health Minister Oly Ilunga McGregor’s training partner Dillon Danis. As security tried to LAS VEGAS: Referee Herb Dean separates Khabib Nurmagomedov (top) of Russia from Conor said 20 people died at the scene and 19 later at the quell the chaos in the crowd, two people from Nurmagomedov’s McGregor of Ireland after McGregor tapped out in their UFC lightweight championship bout at the T- hospital. — AFP Continued on Page 24 Mobile Arena on Saturday. — AFP 2 Established 1961 Local Monday, October 8, 2018 His Highness the Crown Prince’s audience
KUWAIT: His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah receives National Assembly His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah receives Acting Prime Minister and Speaker Marzouq Al-Ghanem. — KUNA photos Minister of Foreign Affairs Sheikh Sabah Khaled Al-Hamad Al-Sabah.
His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah receives Deputy Prime Minister and His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah receives Minister of State for Cabinet Minister of Interior Sheikh Khaled Al-Jarrah Al-Sabah. Affairs Anas Al-Saleh.
KUWAIT: His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber iting Afghan Foreign Minister Salahuddin Rabbani. HH the Crown Prince then Jaber Al-Mubarak Al-Hamad Al-Sabah paid a visit to the First Deputy Prime Al-Sabah yesterday received at Seif Palace National Assembly Speaker received Deputy Prime Minister, Minister of Interior Sheikh Khaled Al-Jarrah Minister and Defense Minister Sheikh Nasser Sabah Al-Ahmad Al-Sabah at Marzouq Al-Ghanem. HH also received Acting Prime Minister and Minister of Al-Sabah and Deputy Prime Minister and Minister of State for Cabinet the latter’s residence in London on Saturday. The prime minister wished a Foreign Affairs Sheikh Sabah Khaled Al-Hamad Al-Sabah, who escorted vis- Affairs Anas Al-Saleh. Elsewhere, His Highness the Prime Minister Sheikh speedy recovery and a safe return home for Sheikh Nasser.
Kuwait’s embassy partakes in charitable bazaar in Jordan a new envoy to the country. During the Kuwaiti FM reception, Sheikh Sabah Al-Khaled wished the newly-appointed ambassa- dor the best of luck in performing his receives diplomatic duties, and hoped for more developed bilateral relations between credentials of both countries. Sheikh Khaled also met with Afghan Minister of Foreign Croatian envoy Affairs Salahuddin Rabbani. During the meeting, the two sides discussed developed bilateral relations and KUWIAIT: Acting Prime Minister issues of mutual concerns, as well as and Minister of Foreign Affairs Sheikh latest developments in the area. Sabah Khaled Al-Hamad Al-Sabah Deputy Foreign Minister, Khaled yesterday received the ambassador of Suleiman Al-Jarallah and a number of Croatia to Kuwait, where the latter senior ministry officials attended these presented a copy of his credentials as meetings. — KUNA
AMMAN: Kuwait’s embassy in Jordan par- ticipated on Saturday in the annual fundrais- ing “Diplomatic Bazaar” to support the orphans of the country. Kuwait is keen on contributing to such events annually as part of its humanitarian strategy to help needy people worldwide, Kuwait’s Ambassador to Jordan Abdulaziz Al-Daihani said in a state- ment to KUNA in the opening ceremony of the bazaar organized by Mabarrat Um Al- Hussein in the presence of its president KUWAIT: Acting Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khaled Basma bint Talal. Al-Daihani said that all the Al-Hamad Al-Sabah receives the ambassador of Croatia to Kuwait. —KUNA photos income raised from this event will be given entirely to Mabarrat Um Al-Hussain’s humani- tarian projects, especially to its childcare services for orphans. The Kuwaiti diplomat hoped that this event can achieve its purpos- es in easing the human suffering of the orphans. — KUNA 1973 October war reflective of
Arab strength Acting Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khaled Al-Hamad Al-Sabah receives the Afghan Minister of Foreign Affairs Salahuddin Rabbani. SUEZ: The 1973 October, which pitched Arab forces against Israel in the Sinai region and elsewhere, was reflective of the strength and solidarity of Arab nations against a common foe, said a Kuwaiti diplomat Saturday. tarian status seeks to further promote Speaking on the occasion of the 45th anniver- Kuwait Food philanthropic action in and outside sary of the October war and his visit to Kuwait in a professional manner, the Kuwaiti soldiers’ graves in Suez governorate, Bank seeks bank’s vice-chairman Mishal Al-Ansari Kuwait’s Ambassador to Egypt Mohammad said in a statement. Al-Thuwaikh said that the war was a victori- SUEZ: Kuwait’s Ambassador to Egypt Mohammad Al-Thuwaikh pays his respect at the The initiative, said Al-Ansari, paved ous event in Arab history, standing as a testa- graves of the fallen Kuwaiti soldiers. — KUNA hunger-free the way for unprecedented amounts of ment for Arabs’ just cause against the Israeli humanitarian contributions to ultimately aggressors. world: Al-Ansari reduce food waste and to reuse this The Ambassador took a chance to remind went beyond the military field to include other dent of the strong relations linking Kuwait and waste in a professional and hygienic people of the brave actions undertaken by domains such as politics, economy and others. Egypt especially when both people fought a manner. Kuwait Food Bank, he noted, Arab troops, namely the Egyptian army, which Speaking to KUNA on the occasion, the common enemy for the right of land and dig- KUWAIT: Kuwait Food Bank said it sought to rationalize food consumption, took command of the armies including sol- Suez province governor Abdulmagid Saqer nity, he said. Saqer thanked the Kuwaiti lead- was coordinating with food banks in reduce excess food and food waste, as diers from Kuwait and elsewhere. Kuwaiti expressed his pride in the victories achieved ership and people for their sincere wishes Muslim countries in order to establish well as redistribute food. “Kuwait’s youth troops stood alongside Arab brethren on both during the October war, affirming that Kuwait during this tremendous occasion, indicating an international association to help have a great role within the Bank’s oper- the Suez and Golan heights fronts in an act of and other Arab nations played an important that Egypt and Kuwait will always fend off implement its global initiative - a ations and it was all part of Kuwait’s defiance against Israel, said the Ambassador part in the war. The presence of some 20 together enemies and foes meaning harm to hunger-free world. The initiative, aimed humanitarian activities inside the coun- who affirmed that Kuwait’s stance with Egypt graves of Kuwaiti soldiers in the region is evi- the Arab countries. —KUNA at highlighting Kuwait’s global humani- try and abroad,” said Al-Ansari. Established 1961 3 Local Monday, October 8, 2018 UN official pushes plan to build competitive market in Kuwait The workshop seeks to examine the varied human development indicators
Kuwait’s Assistant Foreign Minister The Secretary General of Kuwait’s KUWAIT: The participants of the workshop with representatives from the UN office and the Government of Kuwait on the sidelines of the for International Affairs Supreme Council for Planning and workshop. — KUNA photos Ambassador Nasser Al-Hein Development Dr Khaled Mahdi
KUWAIT: “It is imperative to employ a comprehensive ting-edge institutional systems, coupled with the prop- business environment that is conducive for growth. The Secretary General of Kuwait’s Supreme Council strategy that aims to create a highly competitive local er legislation, can contribute towards the human capital Meanwhile, Kuwait’s Assistant Foreign Minister for for Planning and Development Dr Khaled Mahdi market amid an alluring business environment”, said a development. International Affairs Ambassador Nasser Al-Hein said echoed Al-Hein’s sentiments, saying that Kuwait’s UN official yesterday. The UN’s Resident Coordinator On such methods, the UN official said that coopera- that the Gulf state enjoys an “illustrious and historic” development goals largely hinge on the support of and UN Development Program’s (UNDP) tion between the private sector and local research bod- relationship with the UN. He went on to say that Kuwait prominent international bodies such as the UN. He Representative to Kuwait Tarek El-Sheikh’s remarks ies can be instrumental in bringing Kuwait’s develop- has always been a trusted partner of the UN, having added that the workshop would also look into what came in a workshop held in collaboration between the ment strategy for the year 2035 to fruition. He said that contributed vigorously towards various endeavors, more government bodies can do to push forward an Kuwaiti government and the UN. He said that the work- the workshop seeks to examine the varied human including the protection of human rights and global action plan based on shared goals and common agen- shop revolves around the notion of how the most cut- development indicators in an effort to ensure a proper development. das with the UN. —KUNA
Kuwait’s HR record globally recognized, says diplomat
KUWAIT: Kuwait’s human rights record has been widely praised by concerned international agencies, said an official yesterday. “The political leadership attaches great importance to human rights issue”, said Dr Ravi Pillai Kuwait’s Assistant Foreign Minister for Consular Affairs Ambassador Sami Al-Hamad. His remarks came in a speech at the first Kuwaiti-Filipino technical meet- ing on the South Asian country’s labor in Kuwait. ‘Rising Again’ In the meeting, Ambassador Al-Hamad stressed Kuwait’s keenness to cater for the rights of all resi- KUWAIT: The 1st Kuwaiti-Filipino technical meeting on the South Asian country’s labor in Kuwait. — KUNA dents, including the Filipino community, within the campaign receives framework of laws in force. He praised the positive role Kuwait’s “deep and friendly” relations with the keeping of passports and cell phones, and opening of played by this community in various sectors of Kuwait, Philippines, which are based on trust and cooperation bank accounts for domestic workers. He also tremendous support pointing out that this meeting strengthens the friendly in accordance with international charters and laws. For expressed his appreciation to attend such a meeting, relations between the two countries and their desire to his part, the Philippine’s Deputy Foreign Minister for which he described as “complementary” to the agree- overcome the recent crisis regarding the domestic Domestic Workers’ Affairs Renato Ibarley praised ment reached last May on organizing Philippines By Sajeev K Peter workers’ issue. Kuwait’s concern toward Filipino workers. domestic employment in Kuwait. “In order to reach He assured the full readiness to cooperate with the He stressed that bilateral relations are on “high lev- positive results, the Philippine is keen to implement the KUWAIT: Dr Ravi Pillai, the person who has been entrusted Philippines to resolve all employment-related issues in els,” hoping to discuss the employment contracts in legal aspects to complete the agreement,” Ibarley to head a committee to raise funds from Kuwait and Bahrain line with local laws and regulations. He also referred to detail, including the provisions of housing and food, explained. —KUNA for rebuilding Kerala, an Indian state, in the aftermath of devastating floods, said the response from Kuwait towards Chief Minister’s Distress Relief Fund is overwhelming. The committee initially set a target of collecting around 300 mil- lion Indian rupees from Kuwait as donation towards rebuilding the state. But, in view of the deluge of support the committee receives from Indians residing in Kuwait and many Kuwaiti citizens, it is expected that the fund could even reach the mark of Rs 500 million, he said. Addressing a gathering of Kuwaiti citizens, Indian organ- izations, businessmen and media persons, at Jumeirah Hotel, Dr Pillai said Kerala’s Minister for Industries E P Jayarajan will visit Kuwait to discuss the future plan to assist Kerala in implementing the reconstruction projects. He urged the gathered to share valuable ideas and thoughts with the min- ister during his visit and hand over the contribution towards Chief Minister’s Distress Relief Fund. He appealed to the community in Kuwait to join his team in this cause of sup- porting the victims of this natural disaster. The committee on the spot received around 55 million rupees from citizens and other guests who were present at the meeting. Dr Pillai is the director of Non-Resident Keralites Affairs (NORKA) Roots and Chairman of Loka Kerala Sabha Administration & Kerala Development Fund Creation. Sam Painummodu, a member of the Loka Kerala Sabha from Kuwait welcomed the gathering. Kerala Pravasi Welfare Board Director N Ajithkumar and Loka Kerala Sabha mem- ber Babu Francis were also present at the meeting. Thomas Mathew Kadavil proposed a vote of thanks. A special meeting titled ‘Rising Again -God’s Own Country’ was held in Kuwait on 21st September to discuss ways and means to help Kerala rebuild following the cata- strophic floods. The floods took a heavy toll on life and property. It was the most severe deluge in the history of the state that left more than 400 people dead and rendered thousands homeless. The government of Kerala has estimat- ed the damages to be over $4.3 billion.
KUWAIT: Goldsmiths are well respected in Kuwait because of their elaborate skills, which can turn solid gold into works of art. As they have done many times in the past and continue to do so in the present, goldsmiths import raw gold from abroad, using various tools at their disposal to shape the valuable material into whatev- er they desire. 4 Local Monday, October 8, 2018
KUWAIT: Al-Jahra Natural Reserve - a safe haven for many of Kuwait’s migratory birds. — KUNA
that when we empower our Center, Innovation Partners KFAS (Kuwait Foundation for GBK concludes Kuwaiti talents, and train 4th edition of the Advancement of Sciences) and KUWAITNET, and them to the right level, they media partner Grand Cinemas. Fikra Program is organized are more than capable of and managed by Cubical Services Business Incubator. inaugural direct achieving the targets that the Fikra program now Banking sector is based Fikra program achievements sales academy program upon.” accepting applications Fikra Program’s three previous editions combined wit- Echoing this view Mrs nessed over 550 applications, 45 business ideas, 57 train- Jennah Al-Mattar Assistant ing sessions and 76 trained entrepreneurs, in addition to KUWAIT: Gulf Bank recently concluded its first Direct General Manager - Head of KUWAIT: Under the kind patronage of HE Khaled Al providing the entrepreneurs with the support they needed Sales Academy Program that saw new trainees attend a Learning and Development Roudan, Minister of Commerce & Industry, the Fikra to start their own business. Following the third edition of month-long program, which aimed at the expanding of the stated, “The Direct Sales Program- 4th Edition was launched yesterday at Al Hamra Fikra Program which ended in May 2018, over 40% of the trainee’s horizon in fields that are crucial for their success Salma Al-Hajjaj Academy was an innovative Luxury Mall. Fikra Program proved to be successful in participating entrepreneurs have successfully established in their future role as Direct Sales Officers. In line with program that will help supporting and training entrepreneurs in the three previ- their businesses and are now fully operational. Gulf Bank’s vision to position itself as an employer of increase the number of Kuwaitis in the banking sector, as it ous editions and has begun accepting applications to the choice for nationals, the program aimed to build knowl- opens up the doors for a greater number to be employed program through the website www.fikraprogram.com and Cubical services business incubator edge, expertise, and skills to empower a new batch of in an area that in the past many were reluctant to join.” As the deadline for applying is November 11, 2018. Fikra Cubical Services established in 2009 is a leading Kuwaiti potentials that will join the Bank’s Direct Sales part of its commitment to the wider society, Gulf Bank Program is an intensive training program that provides business solution company for business owners and workforce. always seeks to hire, train, and retain the most competent entrepreneurs with the tools they need to start their own helps aspiring entrepreneurs to start their own business. General Manager of Human Resources Mrs Salma Al- national caliber, and seeks to provide opportunities for businesses. Since its establishment Cubical Services has served over Hajjaj stated, “We are proud to empower Kuwaiti talents growth and development across all levels to its staff in Mariam Hisham Al-Rayes, Fikra Program Manager at 500 business ventures in 12 different industries. Cubical that are keen to raise the bar of customer excellence in the order to enhance the services that it provides to its Cubical Services Business Incubator, sincerely thanked all Services has signed an MOU with the Ministry of State field of banking.” Further stating, “At Gulf Bank we believe esteemed clients. the supporters of the program, strategic partners, Ministry for Youth Affairs to work together and represent the of State for Youth Affairs and the National Fund for SME youth as needed. Cubical Services is a licensed business Development, platinum sponsors Al Hamra Real Estate incubator certified by the National Fund for SME Company, gold sponsors Gulf Bank, Markaz Financial Development.
KIB sponsors LOYAC’s KFH participates in opening ‘BridgeWorks’ program of students exchange office KUWAIT: KIB offered its sponsorship to LOYAC’s ‘BridgeWorks’ youth KUWAIT: Kuwait Finance House (KFH) and the focus on the students and the development program. LOYAC’s latest training program comes under participated in the opening of the students youth. Al Shammari praised KFH support the umbrella of its larger ‘Bridge’ program, designed for participants exchange office at the College of Business in the opening of the new office, in addi- aged 16 years and above. ‘Bridge’ focuses on delivering workshops cov- Administration at Kuwait University. The tion to the continuing support in many ering a wide range of essential professional skills, including: customer opening was held in the presence of the other events and activities at the College service management, communication, workplace ethics and behavior, Associate Dean for student Affairs, Dr of Business Administration. He added that resume writing, as well as valuable advice on how to succeed in a job Nayef Al Shammari, and the Manager of KFH support contributes to the universi- interview. the Exchange Program Dr Yaser Alkulaib, ty’s endeavors in widening participants The development program launched its first workshops in coopera- along with KFH representatives. KFH con- from other worldwide universities that are tion with a number of trainers from the field of self-development. tinuing support to the students is in line accredited globally in regards to the stu- Additionally, a group of KIB employees participated in one of the work- with its strategy of social responsibility dent exchange program. shops held at Marina Hotel, which was designed for participants aged 16 to 27. The second workshop was hosted by Latifa Al-Wazzan who shed light on professional behavior, such as proper appearance, actions and attitude at the workplace. The attendees were also introduced to On her part, Executive Board Member of LOYAC, Mona Al-Kalouti, different communication styles, as well as methods for how to effective- expressed her delight at the support given to this program by KIB and ly adapt to each one of those styles. Additionally, attendees also took lauded the key role the Bank continues to play in the development of part in role-play scenarios to help demonstrate how best to handle dif- the local community, adding: “We are extremely proud of this coopera- ferent social and business situations. tion, which stems from KIB’s belief in youth’s vast potential to create KIB noted that its sponsorship of this unique program comes as part value for the nation in the future.” of the Bank’s leading social responsibility program, a large portion of KIB also noted that it continues support BridgeWorks, which brings which is dedicated to supporting students and youth in their academic youth together by empowering them and developing their professional and professional careers. Additionally, the Bank continues to be a skills. The program also offers various opportunities for youth to devel- strong advocate of LOYAC’s mission, as it succeeds in attracting a large op their employability skills through training, making them more self- number of youth and offers them a myriad of opportunities that foster a reliant and providing them with necessary skills and expertise in order Dr Nayef Al Shammari honoring the KFH representative. strong sense of social justice and commitment to volunteering. to join the job market in the future. Established 1961 5 Local Monday, October 8, 2018
Special committee to provide KFSD issues the first fire financial aid for imams By A Saleh
KUWAIT: Undersecretary of the Ministry of Awqaf and Islamic Affairs, license to National Guard Fareed Emadi issued a decision to form a special committee to provide monetary aid for imams, preachers and Mo’azens working at the mosques’ sector and those who are going through financial hardships.
Doctor dismissed Health Minister Dr Basel Al-Sabah yesterday issued a decision to dismiss an Egyptian female doctor who was found responsible for the death of one of her patients by committing a fatal medical mistake. Al- Sabah also addressed MOI’s request to ban the concerned doctor from leaving the country before referring her to public prosecution.
Indian detained for performing surgery, illegal abortions
KUWAIT: A 42-year-old Indian was charged and sent to the public pros- ecution for practicing medicine without a license and stealing drugs. The By Hanan Al-Saadoun Indian and four of his partners were arrested inside a grocery store which he was using to carry out surgeries and abortions in exchange for money, KUWAIT: Director General of Kuwait Fire Service Directorate Lt General most of which came from residency violators. Investigations revealed the Khalid Al-Mikrad received the National Guard Undersecretary Lt Gen Eng medicines he was using were stolen from government health centers. Hashim Al-Refae at the KFSD premises in the Mubarak Al-Abdallah Al- These thefts were carried out by another Asian, who was also arrested. Jaber area on the occasion of the National Guard being issued their first fire license. It was held in the General Command building in Reqee area. Car accidents A drunk man caused a three-vehicle accident in Sulaibiya, and was Fire at museum arrested despite fierce resistance. He is currently facing legal action. KFSD yesterday received a report about a fire at the National Museum, Elsewhere, a traffic accident on Sixth Ring Road injured an Asian and said security sources, noting that on rushing to the scene, firemen from burned two vehicles. Traffic came to a standstill before firemen managed Hilali and City found the fire was in a shack with sponge stored in it behind to put out the blaze. The accident took place near Sulaibiya farms. the museum. No casualties were reported. In a similar incident, fire broke out in a shack used for storing furniture and electrical appliances at a Drug dealer confesses school in Fahaheel. Security sources said firemen from Fahaheel and A police source said an Iraqi expat who was charged with bringing 42 Mangaf rushed to the scene and managed to prevent the fire from spread- kg of hashish and 400,000 illicit tablets across the Iraqi-Kuwait border ing to adjacent shacks. No casualties were reported. confessed to bringing in two drug shipments before. He also provided four mobile numbers, said to be of drug traders, who are currently being Crises management investigated. The Iraqi has a valid residency permit and is said to be a Relations and Security Info General Department of the Interior Ministry major supplier of drugs in Jahra governorate. said a delegation headed by Undersecretary Lt General Essam Al-Naham, accompanied by Assistant Undersecretary for Training and Education Running over police Affairs Maj Gen Sheikh Mazen Jarrah Al-Sabah has left for France on an areas, as part of the planned removal of random and illegal markets. Head An elderly bedoon was detained at Shuwaikh Industrial police station official trip to attend a conference on the latest developments in rapid of Cleanliness and Road Occupancy in Farwaniya Saud Al-Harby said the after attempting to run over a traffic policeman. He tried to escape, but intervention and crises management. campaign resulted in the issuing of 11 roaming vendor citations and the was later arrested. He has not provided any reasons for his actions. Police confiscation of one truck load of vegetables and three truck loads of used noticed the suspect was driving the wrong way and he was stopped. Then Municipality campaigns clothes. Meanwhile, head of inspections and municipality follow up servic- while the policeman was attempting to explain to him the violation he had Municipality Public Relations said the roaming vendors violations follow es in Farwaniya Nasser Al-Rashidi said an inspection tour resulted in 40 committed, the bedoon insulted him verbally and attempted to run him up carried out a campaign against random markets in Jleeb and Dhajeej stores being checked and the issuing of 13 citations. over. —Al-Rai/Al-Anbaa InternationalMONDAY, OCTOBER 8, 2018 Madrassas a place of prayer and peace for Rohingya kids Israel PM’s wife goes on trial in delivery meals case Page 7 Page 9
PETOBO: This aerial photograph shows devastation from soil liquefaction at Petobo in Palu yesterday, following the September 28 earthquake and tsunami. — AFP Indonesia’s disaster agency recovers 1,763 bodies 5,000 missing in quake neighborhoods
PALU: The number of people believed missing from the Palu. But the latest tally speaks to the considerable destruc- Balaroa, a massive government housing complex was also the ground while Indonesian army choppers are undertak- quake and tsunami that struck Indonesia’s Palu city has tion in the worst-hit areas of Petobo and Balaroa as the subsumed by the quake and rescuers have struggled to ing supply runs to remote areas blocked off by the disaster. soared to 5,000, an official said yesterday, an indication picture on the ground has become clearer. extract bodies from the tangled mess in the aftermath of “They are in great need because the road is cut off and that far more may have perished in the twin disaster than the disaster. The government has been considering declar- it’s accessible only by air”, Second Lieutenant Reinaldo Apri the current toll. Indonesia’s disaster agency say they have ing those communities flattened in Palu disaster as mass said after piloting a chopper to rugged Lindu district, some recovered 1,763 bodies so far from the 7.5-magnitude and graves, and leaving them untouched. Hopes of finding any- 40 kilometers south of Palu. Hercules planes carrying tons of subsequent tsunami that struck Sulawesi on September 28. one alive have faded, as the search for survivors morphs donations from Australia and the United States reached Palu But there are fears that two of the hardest-hit neighbor- into a grim gathering and accounting of the dead. “This is yesterday morning, as did a plane chartered by Save the hoods in Palu - Petobo and Balaroa - could contain thou- Death toll day ten. It would be a miracle to actually find someone still Children and another carrying a South African medical team. sands more victims, swallowed up by ground that engulfed alive,” Muhammad Syaugi, the head of Indonesia’s search Teams of Indonesian Red Cross workers set up warehouses whole communities in a process known as liquefaction. mounts as and rescue agency said yesterday. and fanned out to distribute supplies across the region. But “Based on reports from the (village) heads of Balaroa and relief workers face a monumental task ahead. Petobo, there are about 5,000 people who have not been hopes fade ‘Great need’ The tens of thousands left homeless by the disaster are found,” agency spokesman Sutopo Purwo Nugroho told The grim news comes as relief efforts were ramped up scattered across Palu and beyond, many squatting outside reporters yesterday. to reach 200,000 people in desperate of help after days of their ruined homes or bunkered down in makeshift camps and “Nevertheless, officials there are still trying to confirm delays. Looters ransacked shops in the aftermath of the entirely dependent on handouts to survive. “There is nowhere this and are gathering data. It is not easy to obtain the disaster more than a week ago, as food and water ran dry else to get food, nowhere is open,” said 18-year-old Sela exact number of those trapped by landslides, or liquefac- Wiped out and convoys bringing life-saving relief were slow to arrive. Fauziah in Palu’s central market, where she queued with hun- tion, or mud.” Nugroho said the search for the unaccounted Petobo, a cluster of villages in Palu, was virtually wiped But the trickle of international aid to Palu and local efforts dreds for essential food items being distributed by soldiers. would continue until October 11, at which point they would out by the powerful quake and wall of water that devastat- to help the survivors have accelerated in recent days. Things are even more desperate in remoter areas. “I am com- be listed as missing, presumed dead. The figure drastically ed Palu. Much of it was sucked whole into the ground as Planeloads of supplies were landing with increasing fre- ing to Palu to report that we need tents, because 95 percent increases the estimates for those who disappeared when the vibrations from the quake turned soil to quicksand. It quency in Palu, where daisy chains of troops unloaded sup- of our village has been destroyed,” said Simsom Mudju from the disaster struck 10 days ago. Officials had initially pre- was feared that beneath the crumbled rooftops and twisted plies directly onto trucks or helicopters. More than 82,000 Lindu, who clambered aboard the chopper to tell the outside dicted some 1,000 people were buried beneath the ruins of rebar, a vast number of bodies remain entombed. In military and civilian personnel, as well as volunteers, are on world about his marooned community’s plight. — AFP
At least 11 dead in campaign balloons and lamps as a mark of ‘Explosion’ respect for the leader are Congress party Haiti earthquake activists, and it was just a minor accident,” Singh added. The Nehru-Gandhi family scare for has dominated Indian politics since inde- PORT-AU-PRINCE: A 5.9-magnitude earth- pendence from Britain in 1947, when quake struck off the northwest coast of Haiti Nehru-Gandhi Jawaharlal Nehru became the country’s late Saturday, killing at least 11 people, injuring first prime minister. The dynasty has pro- more than 130 others and damaging homes in scion duced three prime ministers and a member the Caribbean nation, authorities said. The epi- of the family has been in charge of the center of the quake was located about 19 kilo- country for nearly 50 of the 71 years since NEW DELHI: Rahul Gandhi, India’s oppo- meters northwest of the city of Port-de-Paix, independence. In 1984, Nehru’s only the US Geological Survey reported. sition leader and scion of the political daughter Indira Gandhi was assassinated Nehru-Gandhi dynasty, had an explosion The quake, which was felt across the coun- by her Sikh bodyguards when she was GROS MORNE: Haitian people collect metal yesterday in Gros Morne, Haiti, from the destroyed scare after balloons at a political roadshow try, struck at 8:10 pm at a shallow depth of 11.7 prime minister. kilometers. Government spokesman Eddy auditorium, after the earthquake that struck north of Haiti, on October 6, 2018. — AFP burst into flames near his vehicle, police She had groomed her younger son said yesterday. Gandhi, head of the main Jackson Alexis told AFP that 11 people had Sanjay to be her political heir, but he was been reported dead so far, seven of them in opposition Congress party, was leading killed in 1980 when the small plane he was the massive 2010 earthquake that left at least without offering specific figures. Images of the campaign event in Madhya Pradesh Port-de-Paix, the capital of Haiti’s Nord-Ouest 200,000 people dead and 300,000 more damaged homes and partially destroyed build- piloting crashed. Her eldest son Rajiv- department. Four others were killed in the state when the bunch of balloons held one father of Rahul-reluctantly took over her wounded. “I urge the population to remain ings were circulating on social media, but AFP political worker touched oil lamps held by town of Gros-Morne, about 50 kilometers to calm,” President Jovenel Moise said on Twitter, was not immediately able to confirm their political mantle, and served as prime min- the southeast, the spokesman said. Haiti’s civil another. Leaders on top of the campaign ister from 1984 to 1989. He too was assas- adding that local and regional authorities were authenticity. vehicle including Gandhi, 48, can be seen protection agency put the preliminary number assisting those in need. The Nord-Ouest department is the poorest sinated in 1991. Rahul is facing questions of injured at 135. reeling back at the sudden ball of fire in a over his leadership after a string of elec- Prime Minister Jean-Henry Ceant is heading part of impoverished Haiti, with many areas video that has gone viral on social media. Two minor aftershocks were registered, the up an inter-ministerial disaster response task isolated due to the dire state of the roads. The toral setbacks for Congress since 2014. But agency said, adding that no tsunami warning “We have checked. There was no security he hopes to silence his critics in five state force, he said on Twitter. “The injured are devastating 7.0-magnitude quake in January breach or real scare for anyone. No one was issued in connection with the quake activi- being treated at area hospitals,” the civil pro- 2010 left more than 1.5 million people home- votes in November and December ahead ty. The town of Chansolme and the small island received even minor injuries,” local police of general elections due in 2019 when tection agency said, noting that some of the less. Tens of thousands remain in makeshift chief Amit Singh told AFP. of Tortuga also suffered damage, officials said. injuries were sustained when people panicked camps. The damage caused was worth an esti- Prime Minister Narendra Modi will run for The tremor rattled the capital Port-de-Prince, “The people carrying the celebratory a second term. — AFP after the quake. The agency confirmed that mated 120 percent of GDP in Haiti, the poorest sparking fear among residents still reeling from some homes were destroyed or damaged, country in the western hemisphere. — AFP 7 International Monday, October 8, 2018 Iran’s parliament approves counter-terror finance bill Bill aims to bring Iran’s laws in line with international standards
TEHRAN: Iran’s parliament yesterday approved a bill to ‘Death to traitors’ counter terrorist financing that was strongly opposed by Conservatives were furious after yesterday’s bill passed conservatives but seen as vital to salvaging the nuclear by 143 votes to 120, with protesters chanting “death to deal with European and Asian partners. The bill aims to traitors” outside parliament. In a heated debate ahead of bring Iran’s laws in line with international standards and the vote, opponents of the bill said it would not solve the allow it to join the UN Terrorism Financing Convention. It is one of four bills put forward by the government in recent months in a bid to meet demands by the interna- tional Financial Action Task Force (FATF), which has given New law seen Iran until later this month to tighten its laws against money laundering and terror financing. as vital to “Neither I nor the president can guarantee that all problems will go away if we join (the UN convention),” salvaging said Iran’s Foreign Minister Mohammad Javad Zarif during yesterday’s debate. “But I guarantee that not joining will nuke deal provide the US with more excuses to increase our prob- lems,” he added. The issue has become particularly press- ing since the United States walked out of the 2015 nuclear deal with Iran earlier this year and began reimposing sanc- country’s financial problems, and would help its enemies. tions. The other parties to the deal-Britain, France, Hardline lawmaker Mohammad Dehghan warned the Germany, China and Russia-have sought to salvage the bill means “providing the enemy with intelligence during agreement and maintain trade with Iran, but have demand- an economic war” and that passing it amounted to “trea- ed that it accede to the FATF. son”. Economists say greater transparency could cause Joining the UN convention has been controversial problems for powerful behind-the-scenes networks, because hardliners say it will limit Iran’s ability to support including the Revolutionary Guards military organization, armed groups in the region such as its Lebanese ally, which is deeply embedded in Iran’s opaque economy. Both TEHRAN: Iranian MPs display their disagreement over the bill to counter terrorist financing in parliament in Tehran Hezbollah. Iran is alone with North Korea on the blacklist sides of the debate have evoked supreme leader Ayatollah yesterday. The bill, one of four put forward by the government to meet demands set by the international Financial of the FATF, although the Paris-based organization has Action Task Force (FATF), was passed by 143 votes to 120, according to the semi-official ISNA news agency. — AFP suspended counter-measures since June 2017 while Iran Ali Khamenei to support their position. Conservatives works on reforms. A previous bill on the mechanics of pointed to Khamenei’s statement in June that Iran has “no monitoring and preventing terrorist financing was signed need to join” global conventions. particular bills. Reformist lawmaker Mohammad mission which produced the bill, said Iran retained into law in August. Two other bills - on money-laundering But parliament speaker Ali Larijani, who supports the Feyzi told the session that Iran does not have “the the right to walk away from the UN convention and organized crime - have also been passed by parlia- government’s position, said he had received a letter luxury of choice” and will face negative conse- “wherever it acts against the Iranian constitution” ment but have been delayed by higher authorities that vet from Khamenei explaining that his remarks were about quences if it refuses to join the FATF. and emphasized that it does not force Iran to recog- legislation, including the Guardian Council. “conventions in general” and not meant to oppose any Ali Najafi, spokesman for the parliament’s com- nize Israel. — AFP
Israel PM’s wife Novaya Gazeta, the 48-year-old Politkovskaya was shot 12 years on, dead on October 7, 2006, in the entrance hall of her apartment block in Moscow. In 2014, a court finally sen- goes on trial in tenced two men to life in prison for Politkovskaya’s mur- Politkovskaya der, and handed lengthy prison terms to three others delivery meals case involved in the killing. murder still unsolved But 12 years on investigators have yet to identify who ordered the apparent contract killing, and Novaya Gazeta JERUSALEM: The wife of Israeli Prime Minister Benjamin said yesterday the authorities had no interest in pursuing Netanyahu went on trial yesterday for allegedly using MOSCOW: Russian liberals yesterday marked 12 years the investigation any further. “Investigators are not reply- state funds to fraudulently pay for hundreds of meals, part since top journalist Anna Politkovskaya was gunned ing to queries, they are not in touch with the complainant,” of a list of legal troubles facing the family. The start of Sara down as her newspaper accused authorities of refusing said Sergei Sokolov, Novaya Gazeta’s deputy editor. Netanyahu’s trial was the latest chapter in a saga intensely to find the instigator of the murder. An investigative “There’s an impression that the case is being buried in the scrutinized in Israel, but dismissed by the Netanyahus as reporter with Russia’s top opposition newspaper sand,” he told Echo of Moscow radio station. — AFP another “absurd” attempt to discredit them. She smiled at JERUSALEM: Sara Netanyahu (center), wife of Israeli Prime her lawyers when entering the court and the session began Minister Benjamin Netanyahu, attends a hearing at the with a hearing on whether the trial should be overseen by Magistrate’s Court in Jerusalem yesterday. — AFP a panel of three judges instead of one due to the case’s “public sensitivity.” The court adjourned shortly afterward until November Sara Netanyahu has previously been accused of pocketing 13, with the trial expected to run for months. The premier cash from deposit refunds for empty bottles returned from himself faces possible charges in separate corruption the official residence. She has also faced accusations of investigations, leading to speculation that he will eventual- mistreating staff, and in 2016 a court awarded some ly be forced to step down. Sara Netanyahu was charged $47,000 in damages to a former housekeeper who with fraud and breach of trust in June. Prosecutors accuse accused the couple of repeated workplace abuse. her of misusing state funds to pay for catered meals cost- The Netanyahus have hit back calling the allegations ing $100,000 (85,000 euros) by falsely declaring there - which have been closely covered in the Israeli media were no cooks available at the premier’s official residence. — grossly unfair smear attempts. Sara Netanyahu has in From 2010 to 2013, she, her family and guests received the past said that her “blood has been spilled publicly”. “fraudulently from the state hundreds of prepared meals”, One particularly high-profile example occurred in 2017, the indictment read. According to the charge sheet, the when both the premier and his wife appeared in court in meals were ordered from a variety of well-known their libel case against a journalist’s claim that Sara Jerusalem businesses, including an Italian restaurant, a Netanyahu kicked her husband out of the car during a Middle Eastern grill joint and a sushi establishment. Sara row. Benjamin Netanyahu testified that the story was a Netanyahu, 59 and a high-profile presence at her hus- “ridiculous” fabrication. The court later awarded the band’s side throughout his long tenure, has denied any Netanyahus $32,500. wrongdoing. “For the first time in history, charges are But there are potentially more serious allegations facing being pressed against a leader’s wife over noodles and Benjamin Netanyahu. The right-wing prime minister has take-away containers from six to seven years ago,” a held the job for a total of more than 12 years, first from statement from her lawyers said yesterday. The meals were 1996-99 and again beginning in 2009. He could next year ordered “against Sara Netanyahu’s will”, it said. surpass the record set by Israel’s founding father David Ben-Gurion, who spent more than 13 years in office. ‘Blood spilled’ But Netanyahu faces a possible indictment in the But the case has again turned the spotlight on the months ahead. On Friday police quizzed him for a 12th time Netanyahu family and past allegations of misbehaviour. as a suspect in various cases. — AFP Palestinian kills two Israelis BARKAN INDUSTRIAL ZONE: A Palestinian shot dead two Israelis and wounded another at a West Bank settlement’s industrial zone yesterday as security forces hunted the suspected assailant who also worked at the site, the Israeli army said. Since the attack was allegedly carried out by a Palestinian employed at the Barkan industrial zone in the occupied West Bank, ques- tions were raised over whether he knew the vic- tims and over the motivation behind the shooting. Army spokesman Jonathan Conricus called it a “terror- ist attack” but added that other unspecified factors were involved. The 23-year-old Palestinian used a home- made gun, known locally as a “Carlo”, according to Conricus, in the apparent “lone-wolf attack”. Security forces were searching for the suspected perpetrator, Conricus said. Surveillance footage spread online that appeared to show the Palestinian fleeing the site with a gun. — AFP 8 Monday, October 8, 2018 International Nigeria’s Buhari to face political heavyweight in re-election bid Ex-VP Abubakar wins primary to challenge Buhari
PORT HARCOURT: Nigerian President Muhammadu ble beginnings in northern Nigeria, Abubakar rose Buhari will run for re-election in February 2019 against through the ranks of the customs service for two former vice president Atiku Abubakar, a Muslim from decades, eventually becoming the institution’s number the country’s north who was nominated yesterday as the two during military rule. He then entered the private main opposition party’s poll contender. Buhari, a 75- sector, investing in oil services and agriculture, among year-old former military ruler, was the sole candidate for other industries. From there he joined the civilian gov- his ruling All Progressives Congress (APC) party, so his ernment where he became one of Nigeria’s most rec- confirmation by some 7,000 delegates gathered in the ognizable and enduring politicians. But he has been capital Abuja was a mere formality on Saturday. dogged by controversies over his numerous wives and The APC swept to power in 2015 with the first more than 20 children as well as corruption allegations. opposition victory at the ballot box in the country’s history. But next year’s presidential race appears to ‘Baba Go Slow’ have tightened in recent months with the APC hit by a Buhari had indicated in April that he planned to run wave of defections over Buhari’s leadership style. for a second term. The retired general, who headed a Yesterday, delegates to a convention of the former rul- military regime in the 1980s, has faced growing pres- ing Peoples Democratic Party sure to step down because of (PDP), nominated Abubakar, failing health after spending 71, as his challenger for next several months in London last year’s poll. year receiving treatment for The politician and busi- SDP nominates an undisclosed ailment. ness tycoon has made four Dubbed “Baba Go Slow” previous bids for the top job Donald Duke because he took six months in Nigeria, Africa’s most to appoint cabinet ministers, populous nation. Abubakar as flag-bearer he has also faced attacks for PORT HARCOURT, Nigeria: Former Nigerian vice-President Atiku Abubakar (right) is congratulated by run- comes from the Muslim- his handling of the economy, ners-up Sokoto State Governor Aminu Tambuwal (left) and Senate President Bukola Saraki after winning majority north, and his nomi- which plunged into recession the presidential ticket of the opposition People’s Democratic Party (PDP) during the party’s national con- nation follows an unwritten in 2016. He has also come vention in Port Harcourt, Rivers State yesterday. —AFP rule in Nigeria that the pres- under criticism on security idency should alternate every two terms between a issues, including the Boko Haram insurgency in the into the ring for the presidency. The 55-year-old for- Also in the running is Donald Duke, the former gov- candidate from the north and south. The PDP vote northeast, long-running farmer-herder clashes in the mer minister, who was also the World Bank’s vice pres- ernor of the southern Cross River state, whose opposi- was held in the oil hub of Port Harcourt, in the heart- centre and militancy and kidnapping in the south. ident for Africa from 2007 to 2012, said in a statement tion Social Democratic Party (SDP) formally elected land of the southern Niger delta. Abubakar garnered “The fact that nobody came forward to challenge the that Nigeria was becoming “a country where the worth him its flag-bearer yesterday. As governor in 2004, 1,532 votes, trouncing his closest rival Aminu president is an indication that the party members are of life is trending down to zero.” Ezekwesili, co- Duke initiated the Calabar carnival that is now popular- Tambuwal, the governor of northern Sokoto state satisfied with his performance and they want to see founder of the Berlin-based corruption watchdog ly known as “Africa’s biggest street party.” Nigerian law who scored 693 votes. more of him in office,” presidential spokesman Garba Transparency International, is best known in Nigeria allows for a president to serve a maximum of two four- Port Harcourt streets had been festooned with con- Shehu told AFP. for creating the BringBackOurGirls movement after year terms. Voters in the former British colony will elect ference banners, while police said thousands of offi- Also yesterday, fierce Buhari critic Obiageli Boko Haram jihadists abducted more than 200 school- governors and lawmakers as well as the president in cers were deployed to the PDP primary. Despite hum- Ezekwesili announced that she would throw her hat girls in 2014. elections set for February and March next year. —AFP
against the mainly francophone state. The News in brief Cameroon votes in violence has killed at least 420 civilians, 175 members of the security forces and an China knife attack presidential polls unknown number of separatists, according to the International Crisis Group (ICG) BEIJING: Three are dead in China after a man fleeing the think-tank. scene of a stabbing drove into a crowd and attacked as conflict rages After voting got underway yesterday, onlookers, police said yesterday. The 42-year-old man sur- YAOUNDE: Cameroonians voted in presi- security forces shot dead three suspect- named Wang got into a dispute with a companion after an dential polls yesterday with octogenarian ed separatists who had allegedly been afternoon of drinking and karaoke in the eastern province leader Paul Biya seeking a seventh term firing at passersby from a motorcycle in of Zhejiang. Angry over the confrontation, Wang purchased against a backdrop of deadly violence in Bamenda, the main city in the northwest a fruit knife, stabbed his friend’s mother and fled the scene, the country’s English-speaking regions. region, a local official said. In Buea, according to a statement on the official social media The vote follows a last-minute opposition capital of the southwest, three sepa- account of Ningbo city’s public security bureau. The unity bid to dislodge the 85-year-old ratists of the so-called Ambazonia drunken Wang proceeded to steal a car at knife point and incumbent, one of Africa’s longest-serving Republic were gunned down on Friday hit a cyclist, at which point the car burst into flames and rulers. Two leading opponents have and a priest was executed by soldiers Wang abandoned it, police said. Wang fled on foot, formed the first electoral union since 1992, on Thursday, according to witnesses. stabbed two pedestrians, stole a driving instructor’s car, but talks between various other opposi- The far north is also mired in insecurity, and drove it into a crowd of nine people, at which point he tion parties to create a “super-coalition” as Nigeria-based Boko Haram fighters jumped out and stabbed another five. The incident is under to deny Biya another seven years were mount attacks despite US efforts to investigation, the police said. —AFP YAOUNDE: Cameroon’s incumbent President Paul Biya and his wife Chantal apparently fruitless. equip and train Cameroon’s military to battle the jihadists. arrive at a polling station to vote in the Bastos neighborhood of Yaounde yester- Biya and his wife Chantal, who wore a day during Cameroon’s presidential election. —AFP Japan officer killed matching canary yellow skirt, jacket and handbag along with her signature brown ‘Massive fraud’? bouffant hair, voted in the Bastos public In a rare coordinated political back, apparently in response to the MRC, The government said it was possible TOKYO: Japan’s military said yesterday one of its members manoeuvre, a key opposition frontrunner, was killed in a car crash in the Philippines during joint exercises school in the capital Yaounde surrounded saying that it would “not tolerate any dis- there were “troublemakers” in the anglo- by heavily-armed soldiers. “The election Maurice Kamto, agreed late Friday to a order before, during or after the presi- phone regions. with US and Filipino troops. Suguru Maehara, a 38-year-old unity deal between his Movement for the sergeant of the Ground Self-Defense Forces, was involved in campaign was conducted peacefully... as dential vote”. The opposition has long “But the vast majority of residents are president, it would be satisfying to be Rebirth of Cameroon (MRC) and the accused the authorities of supporting ready and willing to vote,” said the accident on Tuesday last week, according to a GSDF People’s Development Front (FDP), mean- spokesman who confirmed his death. “It is the first time a GSDF reelected to see that the people trust me,” Biya. But despite the ubiquity of Biya’s Communications Minister Issa Tchiroma he told journalists as he left the voting ing he will stand for both parties. posters, he has been virtually absent from Bakary. Authorities have imposed a raft member has died during an overseas drill,” the spokesman said. However it is unclear whether the Maehara was delivering food supplies to members participat- booth and returned to his Mercedes- the campaign trail, except for a single of security measures including a ban on Maybach limousine. “I feel proud,” said eleventh-hour deal will sway the vote, event last weekend. inter-regional travel and sealing the bor- ing in the drill when the accident happened. The exercise, code- which runs until 1700 GMT. “This named Kamandag (meaning ‘Venom’), marked the first time Patrick, 38, an airport worker who also ders. A total of 246,000 people have voted in Bastos. alliance, though interesting for the vitality Travel lock-down fled their homes in the southwest and Japanese armored military vehicles were used on foreign soil of Cameroonian democracy, may have since the country adopted a pacifist constitution after its 1945 “I want the next president to consoli- It is unclear if polling will proceed 25,000 have left the country altogether date what we have achieved in Cameroon. I arrived too late,” said Hans de Marie normally across Cameroon’s English- for Nigeria, according to UN figures. It defeat. But Japan is not involved in the combat component of Heungoup, an ICG researcher. the military exercises. —AFP want the elections to pass off peacefully, speaking regions, where separatists hold is thought that the displaced will strug- that’s my only hope for the polls.” Kamto’s MRC has warned that a “mas- a “significant” amount of territory, gle to vote, which could favor Biya as Cameroon’s 6.5 million eligible voters are sive fraud” is underway to secure a Biya according to the ICG, and have threat- anglophones have traditionally backed win. “We’re not preparing for war, but Train kills 3 elephants casting their ballots as violence rages in the ened to disrupt the vote. A team of elec- the Social Democratic Front (SDF) party anglophone southwest and northwest. wherever there is fraud, there will be a tion officials received a military escort as of rival candidate Joshua Osih. Results Those regions have been rocked by a sepa- firm response,” said MRC spokesman they travelled to the outskirts of Buea must be posted within 15 calendar days COLOMBO: A passenger train hit and killed three young Paul-Eric Kingue. The government hit elephants in eastern Sri Lanka, officials said yesterday, ratist insurgency launched a year ago yesterday, according to AFP journalists. of the poll. —AFP weeks after two calves and their pregnant mother were fatally struck in the same region. The Colombo-bound train with 600 passengers hit the herd near the village of Washington and nationwide, tensions Welikanda, 260 kilometers east of the capital on Saturday Protesters rage surged about Kavanaugh, who stands night, railway officials said. “Four compartments derailed, accused of sexual misconduct. but fortunately there were no casualties among the passen- Several hundred protesters, most of gers,” a railway official said adding that the track was in Washington them women, barged through barricades extensively damaged. The incident came less than three to lay claim to the front steps of the US weeks after a similar crash involving a fuel train in the same as Kavanaugh Capitol. Dozens were arrested as they and region. The three elephants, part of a larger herd, were others chanted “Vote them out!” and “No crossing the railway track at dawn in jungle near Habarana, justice, no seat!” Protesters also disrupted 180 kilometers northeast of Colombo, when they were hit is confirmed the vote itself in the US Senate multiple and killed late last month. The latest accident came even as times before being dragged from the pub- the authorities investigated the previous crash to determine WASHINGTON: Two of America’s hal- lic galleries, yelling “Coward!” at lawmak- if the train driver had followed standard procedures while lowed institutions, the US Capitol and the ers who backed Kavanaugh. When Vice operating in jungle areas with elephant populations. —AFP Supreme Court, became a nexus of public President Mike Pence, who presided over rage and frustration Saturday as President the vote, exited the Senate, he was loudly Donald Trump got his controversial nomi- booed and heckled by onlookers outside 7 security forces killed nee Brett Kavanaugh confirmed onto the until he ducked into his limousine. high court. Protesters swarmed The confirmation of Kavanaugh has OUAGADOUGOU: Six police officers were killed in an Washington, and rushed the steps of the come in the midst of a MeToo movement ambush with an improvised explosive device in northern Supreme Court to bang loudly on its bronze that has put sexual assault squarely in a Burkina Faso, while another member of the security forces doors around the time Kavanaugh was set cultural crosshairs. And it has prompted WASHINGTON: Demonstrators protest at the steps of the US Supreme Court died in a blast in the country’s east, security sources said to be sworn in inside. several assault survivors to take up the “This is our court, these are our steps, protest banner. “I am here because against the appointment of Supreme Court nominee Brett Kavanaugh in yesterday. The first attack took place late Friday on a police Washington DC. —AFP convoy in the town of Solle near the border with Mali. “The these are our institutions!” proclaimed President Trump mocked sexual assault leading vehicle ran over a mine and six were killed,” one Jessica Campbell-Swanson, 35, to AFP just victims,” said North Carolina native Kara source said, adding that the convoy then came under gun- after raising a defiant fist and then coming Harrington, 50, as she held a sign that read have done little to douse the flames. he and his wife recently traveled from fire leaving some other officers injured. Another security down from the lap of the large marble “Shame,” and stood with her daughter and “We have a separation of powers that Georgia to visit Washington on their source said that “at least” six police had died in Friday’s Contemplation of Justice statue in front of husband in front of a police cordon on the doesn’t exist any more, and it’s very 20th wedding anniversary, and found a attack, adding that a search for the attackers was underway the Supreme Court. Hundreds of her com- court steps. “It unleashed something inside scary,” she said. “And I’m horrified that city heaving in protest. But he scoffed at in the area. Separately, one member of the Burkina Faso patriots chanted and waved anti- me. I was assaulted when I was younger we can’t seem to have any kind of mid- the idea that Kavanaugh’s nomination, security forces was killed late Saturday and another was Kavanaugh placards — one read “This and I didn’t tell anybody,” she added. dle ground or common sense.” Across and the tumult it has unleashed, will help injured when a similar device exploded in the eastern town ain’t over” - as dozens of officers pushed But she also spoke of the country’s the street from the Supreme Court, a Democrats in November’s midterm elec- of Pama, according to a security source. —AFP them back from the doors and then stood bitter divisions, and how American man wearing a “Trump 2020” shirt took tions. “This whole thing is going to guard. After a week of deep anxiety in politicians and the Trump administration in the scene. Chuck Thompson, 41, said backfire,” he said. —AFP 9 International Monday, October 8, 2018 Kim Jong Un and Pompeo agree to 2nd US-North Korea summit North Korea leader praises their ‘nice meeting’
SEOUL: Kim Jong Un has agreed to hold a second summit with the North until its “final, fully verified denuclearization”. Last US President Donald Trump as soon as possible, Seoul said yes- month the North’s foreign minister told the United Nations there terday, after Washington’s top diplomat held “productive” talks was “no way” his country would disarm first as long as tough US on denuclearization with the North Korean leader in Pyongyang. sanctions remain against his country. US Secretary of State Mike Pompeo met with Kim yesterday After a previous visit to Pyongyang in July, Pompeo had said morning for around two hours of talks followed by a lunch in the the two foes made progress on key issues-but within hours of his North’s capital, before flying to Seoul on a whirlwind diplomatic departure the North condemned “gangster-like” demands from visit to the region. the US, raising questions over how much the two sides really saw Pompeo said “he agreed with Chairman Kim to hold the sec- eye to eye. Another planned trip by Pompeo to Pyongyang was ond US-North Korea summit at the earliest date possible,” scrapped after what Trump said was insufficient progress South Korea’s presidential office towards implementing the terms of said in a statement, although no the Singapore declaration. An offi- specific time or location has yet cial yesterday’s latest visit to been agreed. Pompeo and Kim also Pyongyang with Pompeo said the discussed “denuclearization steps trip was “better than the last time”, that will be taken by North Korea Pompeo’s but added: “It’s going to be a long and the issue of attendance by the haul.” US government,” as well as “corre- 4th visit to Following his arrival in Seoul sponding measures” to be taken by North Korea from Pyongyang yesterday, the US, the statement said. Pompeo said at a meeting with The visit was Pompeo’s fourth South Korean President Moon to North Korea. US President Jae-in that he had “a good produc- Donald Trump met Kim in tive conversation” with Kim, in Singapore in June for the first-ever talks which represented “another summit between the countries, resulting in what critics say was step forward”. The dovish Moon, who held three summits with SEOUL: US Secretary of State Mike Pompeo (center) meets with South Korean Foreign Minister Kang only a vague commitment by Kim towards denuclearization of Kim this year and also brokered the Trump-Kim summit in Kyung-wha before meeting with South Korean President Moon Jae-in at the presidential Blue House in the Korean peninsula. “We continue to make progress on agree- Singapore, said yesterday the “whole world” was watching with Seoul yesterday. Pompeo held talks with North Korean leader Kim Jong Un in Pyongyang yesterday, ments made at Singapore Summit. Thanks for hosting me and my keen interest the outcomes of Pompeo’s trip. “I hope your trip to before landing in Seoul on a whirlwind diplomatic visit to the region. —AFP team,” Pompeo tweeted. Kim also praised their “nice meeting”, North Korea and the upcoming second US-North Korea summit telling Pompeo via an interpreter following the morning’s talks will provide a good opportunity for achieving irreversible, deci- that it was “a very nice day that promises a good future ... for sive progress in terms of denuclearization and the peace process demand complete denuclearization without any lifting of sanc- with the Washington Post, she said the North could agree to dis- both countries.” on the Korean peninsula.” tions,” said Yang Moo-jin, a professor at the University of North mantle Yongbyon, its signature nuclear site. Korean Studies in Seoul. In exchange, the United States would declare a formal end to ‘Gangster-like demands’ Grand bargain “We can’t rule out the possibility that Washington... may the 1950-53 Korean War-which concluded with an armistice Since the Singapore summit, the road towards warmer ties Analysts say Washington may now consider new options as move in the direction of partial easing of sanctions based on rather than a peace treaty-but North Korea would stop short of has been bumpy. Washington and Pyongyang have sparred over China, Russia and South Korea seek to relax sanctions. “North progress in denuclearization,” he said. South Korean Foreign delivering an exhaustive list of its nuclear facilities, she said. After the exact terms of the vaguely-worded agreement in Singapore, Korea took some steps towards denuclearization and the US will Minister Kang Kyung-wha has given a hint of what a grand bar- Seoul, Pompeo ends his trip Monday in China, North Korea’s with the US pushing to maintain sanctions and pressure against face criticism from the international community if it continues to gain between the two countries could look like. In an interview political and economic lifeline. —AFP Madrassas a place Brazil votes for new of prayer and peace president, far-right for Rohingya kids Bolsonaro in lead COX’S BAZAR: Inside a stifling bamboo shanty, eight-year- RIO DE JANEIRO: Brazilians began casting ballots yes- old Saleema Khanam throws a bright yellow shawl over her terday in their most divisive presidential election in years, head and steps out into the enormous Bangladesh refugee camp with a far-right politician promising an iron-fisted crack- tightly clutching her treasured Quran. She is the only girl in her down on crime, Jair Bolsonaro, the firm favorite in the first local madrassa-or Islamic seminary-catering to Rohingya chil- round. Surveys suggest the 63-year-old former para- dren driven from Buddhist-majority Myanmar by a wave of trooper, who wants to cut spiralling debt through sweep- genocidal violence. ing privatizations and embrace the United States and Since formal schooling-which suggests a permanent pres- Israel, could count on more than one in three voters in the ence-is not allowed in the camps, for many children the madras- vast Latin American nation. sas are the only places to learn. It is just a short distance from But at least as many in the 147-million-strong elec- Saleema’s family’s shack to the school, one of thousands to torate reject the veteran federal lawmaker. He is known for spring up in the world’s largest refugee camp since a massive repeated offensive comments against women, gays and influx of Rohingya Muslims last year. She steps carefully the poor, and for lauding the military dictatorship Brazil through the crowded alleyways in Kutupalong with her blue- shucked off just three decades ago. If Bolsonaro gets bound Koran held tight to her chest, removes her shoes and more than 50 percent of the vote to lead the field of 13 enters the dimly-lit classroom. Inside, more than a dozen young candidates, he will win the presidency outright. boys with white prayer caps rock back and forth, reciting pas- KUTUPALONG: Saleema Khanam (left) (8) studies inside a makeshift madrassa (Islamic seminary) with Otherwise, a run-off will be held on October 28. Analysts sages from the Islamic holy book. other boys in Kutupalong camp, in Ukhia near Cox’s Bazar. —AFP say a first-round victory for Bolsonaro is possible-but She takes her position in the front, flanked by two brothers, unlikely. and opens the book. “I come here to learn the Quran. My moth- The last surveys released late Saturday credited er wants me and my brothers to learn, to become a better per- fact-finders said amounted to crimes against humanity and attached to prominent mosques and large enough for 400 stu- Bolsonaro with 36 percent against 22 percent for his nearest son,” the young student said. The Rohingya are a deeply con- genocide against the Rohingya. “By targeting our madrassas dents. Others, like Saleema’s, cannot fit many more than a dozen rival, leftist former Sao Paulo mayor Fernando Haddad. With servative Muslim minority from western Myanmar, where and mosques, they tried erase our culture and religion from children. Classes are taught not just in the Rohingya language blank and invalid votes stripped out, Bolsonaro could pock- decades of state-sanctioned oppression and violent persecution Rakhine,” said Rohingya activist Rafique bin Habib, referring to but also in Bengali, Arabic, Urdu and English. “These madrassas et 40-41 percent of the vote to 25 percent for Haddad, has forced them out in droves. An army purge that began in Myanmar’s westernmost state where the minority dwelled. play an essential role in the survival of the Rohingya language,” polling firms Ibope and Datafolha said. A run-off was seen August 2017 has forced more than 700,000 Rohingya over the “But many of our top madrassa teachers survived and fled to said bin Habib. As the call to prayer sounds across the camps, as too close to call, given the two-point margin of error, border into Bangladesh-most of them children. Bangladesh, where they have set up schools in the camps so the boys in Saleema’s class file out to the local mosque to per- though Bolsonaro was seen with a small edge: 45 percent, that our new generation can be deeply rooted in our culture and form their ablutions before the Friday sermon. Saleema, the lone to 41-43 percent for Haddad. Voting began at 8:00 am (1100 New generation religion.” Bangladesh, which hosts one million of the displaced girl, stays behind. She finds a quiet spot at the back of the class- GMT) under tight security. Initial results were expected Islamic schools and houses of worship were torched in the Muslims in camps near the border, is determined the Rohingya room, faces Makkah and, holding her palms to the sky, places shortly after the last polling stations close at 2200 GMT in crackdown by Myanmar troops and Buddhist gangs that UN will be returned to Myanmar. Some of the madrassas are her forehead to the ground in solemn prayer, alone. —AFP the western Amazonian state of Acre.—AFP 10
Monday, October 8, 2018 Analysis
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Washington Watch Criticism of Israeli policy not anti-Semitic
By Dr James J Zogby
was provoked to write this discussion of what is and what isn’t anti-Semitism by an article in IHa’aretz on the “controversy” created by the awarding of the 2018 Nobel Prize in Chemistry to George P Smith. According to the reporting, Dr Smith is not only a brilliant scientist whose work has helped lead to the creation of new drugs that can treat cancer and a range of autoimmune diseases, he is also an out- spoken supporter of Palestinian rights and a critic of Israeli policies. The Ha’aretz piece notes that Dr. Smith has long been “a target of pro-Israel groups” and is listed on “the controversial Canary Mission website” - used by supporters of Israel to harass and silence critics. As I India’s Rohingya struggle with hatred, fear read through the article looking for evidence of Smith’s sins, I found quotes saying that he “wished ‘not ours after Indian TV channels flashed that the coun- his ruling Bharatiya Janata Party (BJP). Addressing an elec- Arfaat, switching between English and Hindi as nearly a for Israel’s Jewish population to be expelled’ but ‘an try was deporting seven Rohingya Muslims to tion rally in the central state of Madhya Pradesh on dozen community elders seated around him on the rough end to the discriminatory regime in Palestine’.” HMyanmar, Sahidullah said he received a call from his Saturday, BJP chief Amit Shah said that all illegal immi- concrete floor of a Rohingya house started leaving for At another point, Ha’aretz quotes from an op-ed nephew: “Uncle, please get us out of here. They will send grants were “like termites eating into the nation’s security”. Friday prayers. “Everybody here is aware of the deporta- written by Smith condemning Israeli policies in Gaza us back too.” Sahidullah, a Rohingya living in the far north “Elect us back next year and the BJP will not allow a single tion and is afraid.” which he concludes by expressing his support for the of India after fleeing what he called persecution in one of them to stay in this country,” Shah said, without Indian authorities said that the repatriation of the seven Boycott, Divestment, and Sanctions movement (BDS) Buddhist-majority Myanmar in 2010, said his relative, specifically mentioning any group of migrants. was a routine procedure and that it sends all illegal for- calling it “Palestinian civil society’s call for the global Sadiur Rahman, 40, was lodged in one of several detention eigners back home. But the UNHCR voiced deep concern community of conscience to ostracize Israeli business- centers for illegal immigrants in the distant northeastern on Friday about the safety and security of those expelled, es and institutions until Israel repudiates [their vio- state of Assam. saying they had been denied access to legal counsel and a lence against Palestinians] and the Palestinian people, Rahman, he said, had been incarcerated with his broth- chance to have their asylum claims assessed. “Current including the exiles, achieve full equality with the Jews er and eight other relatives since being caught in 2012 at a conditions in Myanmar’s Rakhine state are not conducive in their shared homeland.” railway station as they fled to India via Bangladesh. for safe, dignified and sustainable return of stateless I read all of this in the context of this worrisome Sahidullah had taken the same route two years earlier, but It’s definitely Rohingya refugees,” said UNHCR spokesman Andrej campaign that is unfolding here in the US to silence like many others had escaped detection. He said Rahman Mahecic. Most Rohingya used to live in Rakhine. In August critics of Israel or the exclusivist vision of Political made the phone call when he was taken out for a routine an election last year, attacks by Rohingya fighters on security posts in Zionism. It is a well-funded multi-pronged effort, one medical checkup on Oct 3, the day when India moved the Rakhine led to a bloody military crackdown that caused component of which is the shadowy Canary Mission seven Rohingya men out of a similar detention center and issue around 700,000 Rohingya to flee across the border to website that publishes the names, photos, and back- took them to the border. Bangladesh. The United Nations has accused Myanmar of grounds of pro-Palestinian students and professors - They were handed to the Myanmar authorities the next acting against the Rohingya with “genocidal intent,” a terming them anti-Semites or supporters of terrorism. day, the first ever such deportations of Rohingya here, charge Myanmar refutes, saying its military did not use It does so with the expressed purpose of harming their spreading panic among an estimated 40,000 refugees excessive force and was reacting to militant attacks. careers. who have fled to India from its neighbor. About 16,500 of Hatred growing The atmosphere facing the Rohingya in India has been The Canary Mission list is also used to taint and the refugees, including Sahidullah, have been issued iden- Sahidullah - who like many Rohingya goes by only one getting increasingly ugly. Jammu’s Chamber of Commerce smear these activists to intimidate politicians from tity cards by the United Nations High Commissioner for name - is not just worried about his detained relatives but & Industry last year threatened to launch an “identify and engaging with them. And the lists have been used by Refugees (UNHCR) that it says helps them “prevent also his family living in a mainly Hindu region of India’s kill movement” against the settlers, which it said pushed the Israeli government to deny entry to, in particular, harassment, arbitrary arrests, detention and deportation”. only Muslim-dominated state, Jammu & Kashmir, in the the government into taking the issue of Rohingya more Palestinian Americans or progressive Americans Jews India says it does not recognize the cards and has country’s northern tip. The restive Himalayan state that seriously. The chamber’s president, Rakesh Gupta, told seeking to see family, study, teach, or simply visit that rejected the UN’s stand that deporting the Rohingya vio- borders Pakistan and is home to Muslim separatists bat- Reuters on Friday that there was nothing new in taking the country. While the Canary Mission has done its best to lates the principle of refoulement - sending back refugees tling Indian rule, has the biggest population of Rohingya in law into one’s hands if “someone becomes a threat to our keep its operations, leadership, and funding secret, to a place where they face danger. “Anyone who has the country with around 7,000 people scattered in various security, to the nation’s security, and the security forces recent articles published in the Jewish press have entered the country without a valid legal permit is consid- makeshift settlements, largely in the Jammu region. don’t tackle them”. revealed that the project has been financially support- ered illegal,” said A. Bharat Bhushan Babu, a spokesman “We came to India because people told us things were In some of the more virulent parts of India’s media, the ed by some mainstream American Jewish philanthropic for the Ministry of Home Affairs. “As per the law, anyone better here, there’s more work and one could move freely Rohingya are not only accused of being terrorists but also entities. illegal will have to be sent back. As per law they will be unlike back home,” said Sahidullah, who works as a cleaner of trafficking in drugs and humans, and of having the mon- In addition to the Canary Mission there is the cam- repatriated.” at a car showroom in Jammu city to support his aging ey to elbow out local businesses. The Pioneer newspaper, paign that seeks to criminalize support for BDS or to In recent days, Reuters interviewed dozens of Rohingya amnesiac mother, wife and four children. “All that’s true and which supports the BJP, said in an editorial on Saturday penalize supporters of the movement to hold Israel in two settlements, one in the northern city of Jammu and a we are thankful to India for letting us live here. But hatred that “the Rohingya are a problem”, declaring that those accountable for its systematic violations of Palestinian smaller one in the capital, Delhi, and found communities against us is growing,” he told Reuters as he sat on a that are radicalized Islamist extremists need to be dealt rights. This effort is massively funded by the likes of who feel they are being increasingly vilified. Many now colourful linen sheet laid on the floor of his self-made wood with ruthlessly and the rest are economic migrants that Sheldon Adelson and we now learn, also from a recent fear Prime Minister Narendra Modi’s Hindu nationalist and plastic-sheet house built on a rented plot of land. India cannot afford to help. India, which considers itself a expose in a prominent American Jewish newspaper, by government is about to act on its stated position - that it Mohammed Arfaat, a 24-year-old Rohingya youth victim of Islamist militancy and is trying to boost economic millions of dollars funneled to the campaign from the wants to deport all Rohingya Muslims from the country. leader in Jammu, said that locals often accuse them of hav- ties with Myanmar to counter China, said late last year that government of Israel. Then there is legislation current- With a general election due by next May, they worry that ing links with militants without any proof. “They want us it shared Myanmar’s concern about “extremist violence” ly pending in Congress designed to make boycotting targeting them will be a populist tactic used by Modi and out of here and that has got our families worried,” said by Rohingya militants. — Reuters Israel a crime, complementing the 25 states that have already passed laws denying salaries, contracts or benefits to individuals who support BDS. Finally, in a replay of the effort that pressed the district after the government sold the rights UK’s Labour Party to define criticism of Israel as anti- Illegal miners to a large mining company. “I was unem- Semitic, Trump’s appointment to lead the Civil Rights ployed. When I left my home, I thought that Office at the US Department of Education has made breaking into the owner’s door is a crime, clear his intent to investigate anti-Israel activism on try their luck in but I did not know that digging the land is college campuses as forms of anti-Semitism. And there also a crime,” said Almeida. “Last year I is legislation pending in Congress - the Antisemitism Mozambique was arrested, I stayed in jail for 14 days. I Awareness Act. Both this bill and the action by was released when my family paid 14,000 Kenneth Marcus at the Education Department seek to ruby rush meticais (about $240) to the police,” he extend the definition of anti-Semitism to include criti- said, holding a pickaxe in one hand. cism of Israel. Montepuez Ruby Mining (MRM), a sub- eep inside a forest, sweating men sidiary of London-based Gemfields, won Distraction haul earth out of rough excavation the mining rights to 36,000 hectares of In reflecting on these developments, there are sev- Dholes and carry it in bags on their ruby-rich land in Mozambique in 2011. eral observations that should be made: anti-Semitism is backs to a stream. Then they sift for the real, ugly, and dangerous; criticism of Israel is not anti- small, red stones that could make their for- ‘I’ve lost many friends’ Semitism; and the effort to conflate the two not only tune - miners say they have sold single The arrival of the British mining firm silences needed debate, it distracts from the effort to rubies for thousands of dollars, many times saw the authorities and an army of private root out real anti-Semitism, a scourge that has created the local monthly wage which is typically security officers swoop down on the area great pain and enormous suffering in human history. under $200. In northern Mozambique, and the hundreds of illicit miners known as Anti-Semitism is hatred toward Jews - individually informal - and illegal - ruby mining is a “garimpeiros”. “Sometimes holes collapse and fall on top of us. I’ve lost many friends and as a group. It is also the attribution of evil intent tough business that has attracted thousands A picture shows the entrance of the Montepuez Ruby Mining company on Aug 3, and a brother here. But the biggest prob- or negative qualities to individuals or a group just of itinerant workers despite strenuous 2018, in the mining town of Montepuez, Mozambique. — AFP because they are Jews. On the other hand, criticism of crackdowns by police and private guards. lem is the police and security guards,” said Israeli policy is not anti-Semitic. When Dr Smith has The ruby deposits, which were discov- Fernando Zulu. “They come, arrest us, tor- criticized Israel’s massacres at the Gaza border or its ered only nine years ago, are relatively ture us and even bury our colleagues in the end up in the hands of bigger dealers from conduct. And he stressed that legal mining systematic denial of equal rights and justice to accessible in shallow ground, triggering the holes. “Our demand is that the government Thailand, South Asia or Vietnam. generated million of dollars of tax revenue Palestinians, he is not attributing this behavior to their sudden birth of a frantic wildcat mining authorise us to dig, extract the rubies and Violence against the miners, which has for Mozambique - in contrast to illegal religion or even suggesting that this behavior is due to industry. Mozambique now accounts for sell them to the government.” allegedly cost numerous lives, has been mining. Augusto Guta, police spokesman in their being Jews. 80 percent of global ruby production - but To evade the authorities, miners like Zulu closely documented by observer groups Cabo Delgado region, insisted all police For example, he is not saying “Israel is oppressing the illegal mining is a far cry from the giant have retreated deeper into the forest, hours but police and Gemfields categorically operations were safe and legal. Cassiano Palestinians because that’s the way Jews behave.” Nor mining companies and the chic auction on foot from the nearest road. Miners sleep deny any involvement. Gemfields CEO Johane left his hometown Lindi in Tanzania is he saying that all Jews, as a group, are responsible houses in Singapore where millions of dol- in makeshift huts for weeks in search of a Sean Gilbertson told AFP that “the rela- 650 km away in 2011 to head to for these actions - this would be anti-Semitic. He said lars of gems are sold. sizeable stone which, if found, is immediate- tionship between our security men and the Montepuez in search of rubies. “I have no such thing. The only reason to target Smith and “I’m here because of poverty,” Faque ly taken to the nearest village. There it is illegal miners is not necessarily friendly, but found stones several times and after selling those, like him, who critique the policies of the state Almeida, 46, who has spent much of the sold to foreigners including Senegalese, we do everything to respect the human them I send the money to my family,” he (that by the way are not supported by all Israelis or last eight years in the forests of Montepuez Malians or Nigerians at the start of the ille- rights of illegal miners”. He said there had said. But Johane’s life in Montepuez has Jews, worldwide) is to silence their voices. in search of the blood-red gemstones, told gal chain of trading. “I buy the stones and been a few “very worrying” cases of police been as harsh as that of all illegal miners. “I NOTE: Dr James J Zogby is the President of the AFP. He said he left his home province of resell. I don’t think I’m an illegal migrant, or guards being bribed to allow illegal min- was detained once in 2011, taken to Pemba Arab American Institute Nampula, 400 km south, unaware that it I’m on my continent,” said Senegalese gem ing but the number was limited and guards prison for five months. I was badly beaten was illegal to look for rubies in Montepuez reseller Amadou Wantaka. The stones then now wore body cameras to ensure good by the police,” he recalled. — AFP Established 1961
MONDAY, OCTOBER 8, 2018 Business
Dollar appreciates on hawkish Saturated Lisbon airport puts Are transportation stocks the 12rhetoric, economic fundamentals 13 Portugal tourism boom at risk 14 market’s canary in a coal mine?
KHARTOUM: An employee checks banknotes at a foreign currency brokerage office in Khartoum yesterday. Sudan slashed the official value of its currency against the US dollar by more than half yesterday, the third devaluation this year. — AFP Sudan slashes value of its currency by half Third devaluation this year as mounting economic crisis bites
KHARTOUM: Sudan slashed the official value of its cur- union, told AFP. “The committee will now announce the mar- reserves since the south split from the north in 2011, taking Protests erupted in January after the authorities cut rency against the US dollar by more than half yesterday, ket rate daily.” with it the bulk of the country’s oil revenues. Traders wheat subsidies, but they were quickly curbed by the third devaluation this year in the face of a mounting At the end of last year, the official rate stood at 6.7 expressed surprise at yesterday’s sharp devaluation but security forces. Food prices have since more than dou- economic crisis. pounds to the dollar. It was unclear whether the latest said the disparity between the official and unofficial mar- bled on the back of surging inflation that stands at The move came just weeks after President Omar Al- devaluation was part of efforts to float the pound as recom- kets would continue. nearly 70 percent. Bashir replaced the government over its failure to curb mended by the International Monetary Fund (IMF) to curb “This devaluation won’t have much of an impact as A much-awaited economic revival also failed to materi- economic woes including soaring food prices. the wide gap between the official and unofficial exchange international banking transactions remain cumbersome,” alize after Washington lifted its decades-old sanctions in The central bank pegged the Sudanese pound at 47.5 rates that had severely impacted Sudan’s economy. said a black market trader on condition of anonymity. October 2017. Washington has kept Sudan on its list of against the dollar. Previously, the official rate was 28 to the “For a proper functioning of the currency market, the But the IMF has pushed for unifying the exchange “state sponsors of terrorism,” which officials say makes dollar, while the currency had fallen to 45.50 on the black central bank needs to have good reserves of dollars as well rates. “A unified and market-determined exchange rate is international banks wary of doing business with Sudan-a market last week. as Sudanese pounds,” said a senior executive of a leading key to further reducing external imbalances and boosting key reason for the foreign currency crisis. The central bank had said a committee would look into business group in Sudan. “As for dollar reserves, every- competitiveness, investment, growth and fiscal revenues,” Sudan’s annual economic growth averaged over six the acute shortage of foreign currency that has been body knows the situation faced by the bank.” the IMF said in December 2017. percent during the decade to 2008, but it has since weighing on the pound. “The committee decided that Despite the IMF’s recommendation, Sudan has been declined, with the crisis only growing since the secession today’s rate is 47.5 Sudanese pound to a dollar,” Abbas Traders dismiss devaluation wary of allowing the currency to float freely on the foreign of the south. The economy grew 3.2 percent in 2017, Abdallah, a committee member and head of the bankers’ Sudan has struggled to boost its foreign currency exchange market, fearing that it might trigger unrest. according to the IMF. — AFP
come true.” The salary Lucky Gulf Bank draw account gives new cus- tomers the opportunity to receive either a KD 100 cash Turkey keen on winner to claim gift upon transferring their salaries to Gulf Bank or an KD 25,000 today interest-free loan. Customers budget discipline must have a minimum salary of KD 500 and be fully eligi- KUWAIT: Gulf Bank will announce the lucky winner of their ble for the offer following ANKARA: Turkish Finance Minister Berat third quarterly salary account draw today. The draw, where their first salary transfer to Albayrak said there would be no compro- one lucky winner will claim KD 25,000, will be broadcast on Gulf Bank. mise in budget discipline in his program to Kuwait Pulse (88.8FM) radio program “Diwanyat Al-Yaqout Customers can also enjoy combat surging inflation due to be & Al-Ansari” at 1.30 pm. Ahmad Al-Amir a one year free of charge announced next week, the state-run Anadolu The salary account offer is tailored to Kuwaiti customers, Visa or MasterCard credit news agency reported yesterday. Earlier this allowing them to benefit from a number of unique offers card, as well as a chance to apply for loan up to KD 70,000, week data showed Turkey’s inflation soared when they transfer their salaries through Gulf Bank. or a consumer loan up to KD 15,000. to a 15-year high of nearly 25 percent in Speaking of the draw, Ahmad Al-Amir, Assistant General Existing and new customers, who transfer their salaries to September, with prices jumping 6.3 percent Manager for External Communications at Gulf Bank said: “It Gulf Bank are automatically enrolled in the quarterly draws from a month earlier. is our pleasure to reward our long-term customers and and have the chance to win valuable cash prizes, including The size of the increase far outpaced forge a deeper connection with new Gulf Bank customers. three quarterly prizes of KD 25,000, in addition to Kuwait’s expectations and underscored the deep We at Gulf Bank are committed to providing value to our largest salary prize of KD 250,000 in the last draw. The Gulf impact of a currency crisis on the economy loyal customers with the best in class products and services Bank’s final salarys draw, for the large prize of KD 250,000, and consumers, after the lira lost nearly 40 to exceed their expectations and help make their dreams will be held on 7 February 2019. percent of its value this year. — Reuters 12 Established 1961 Monday, October 8, 2018 Business
NBK Money Market Report Dollar appreciates on hawkish rhetoric, economic fundamentals Euro remains volatile on lingering Italian turmoil KUWAIT: The US economy is currently booming. month of the sector reporting levels of expansion. ment rate came in better than expected at 3.7 percent, The unemployment rate is near its lowest level since Non-manufacturing PMI rose to a record high below expectations of 3.8 percent. Average hourly the 1960’s with expectations of dropping further in since the index was created in 2008. The PMI rose to earnings rose in line with expectations by 2.8 percent. the coming months. Wage growth has accelerated to 61.6 in September, up from August’s 58.5 level and Overall, this week’s figures boosted optimism about its quickest pace in nine years while GDP reported beating market expectations of 58. While the levels the US economy’s health and are in line with the Fed’s higher than 4 percent in the second quarter of 2018. appear positive for the economy, such growth can expectations of ongoing economic expansion. The yield on the 10-year treasury just hit its highest possibly be attributed to companies preparing for the level since 2011. A fast-growing US economy tradi- Trump administration’s tariffs and retaliatory tariffs in Turmoil in Italy tionally brings along a fear of inflation. US Federal return. Companies have already complained of dis- The euro experienced a volatile week as political Reserve Chairman Jerome Powell set to calm such ruption from tariffs as exports decreased to their turmoil began with the Italian populist coalition govern- concerns during his speech stating that rising wages slowest level in 10 months. Regardless, data emerged ment announcing their preparation of a new controver- and low employment do not necessarily coincide with strong and further supported the US dollar. sial budget proposal. The running coalition has planned high inflation and would not force him to hike rates to run a deficit of 2.4 percent of GDP next year, which aggressively, adding such correlations have dimin- NAFTA dispute comes to an end more than triples the previous government’s target, and ished in recent decades. Powell further affirmed his The trilateral pact between the US, Canada, and 2.2 percent in 2020. The announcement shook markets opinion stating that the US Central Bank is still far Mexico known as NAFTA, has been renamed by as the Euro fell, losing 1 percent throughout the week. nificantly compared to a strong performance of challenges such as higher oil prices and a further from its neutral state, which is the rate at which the President Trump as the “United States Mexico Currently, the Euro is trading around 1.1523. Prime growth in 2017, mainly due to the effect of Brexit decline in the yen. The dollar was higher against the economy is neither stimulated nor restrained. Powell’s Canada Agreement”, or USMCA. Following months of Minister Theresa May failed to provide any news of uncertainty. Still, the sterling remained the most yen for the fourth consecutive week and the pair was hawkish approach bolstered expectations of further uncertainty, the US and Canada have reached an advancement on Brexit negotiations during the Tory resilient currency against the strengthening US dollar. last trading at 113.74. rate hikes while the markets witnessed a strong dollar agreement just hours before the deadline, tackling Party Conference speech. Though she pledged to across the board following the statements. The mar- issues related to the dairy sector, dispute settlement accept no deal rather than a bad one, the sterling barely China’s hacking scandal Commodities kets implied probability for a fourth rate hike in mechanisms, car tariffs, and cultural provisions. All moved in response. What may also have added to the The world’s two largest economies are at a face- As for the commodities complex, oil prices tum- December is around 80 percent. The US dollar index three parties will sign the revamped agreement on sterling’s resilience are comments made by the UK off after news of China hacking US companies bled 3 percent on Thursday on the prospect of gained nearly 1.19 percent over the past 15 days. November 30. However, the vote would not occur Brexit negotiator Dominic Raab, as he confidently stat- dragged investor sentiment. The MSCI AC Asia Pacific increased production from Saudi Arabia and Russia. Looking at equities, high yields on US treasury until 2019 when a new US congress will form, possibly ed that they will be able to submit a deal by November. Infotech Index hit its lowest level since July 2017 after Recently, oil prices had gone up to four-year highs as bonds continue to weigh heavily on global equity complicating the deal’s prospects if the Democratic Nonetheless, the final Brexit outcome remains highly a Bloomberg News article was released on Friday. The US sanctions on Iran and supply losses from markets. The yield on 10-year treasury notes hit 3.23 Party were to win control of the House of uncertain as May sticks to her Chequers deal plan, article claimed that Beijing had hacked American Venezuela contributed to the high priced market. In an percent on Thursday, reporting its highest yield since Representatives. After re-writing the 24-year old which may solve the Irish border issue. However, it relies computer networks using a microchip built by its attempt to counteract soaring prices, Saudi Energy 2011. Stocks fell across the board with the Stoxx NAFTA agreement, president Trump shifted his atten- on the UK staying within the single market for goods spies. US investigators found that China’s People’s Minister Khalid Al-Falih announced on Thursday that Europe 600 Index losing 1.1 percent, the MSCI tion to the European Union. The US has already levied and has grown to be unpopular even among her party. A Liberation Army had inserted the chips during manu- the Organization of the Petroleum Exporting Emerging Market Index tumbling 2.5 percent, and the tariffs on imports of EU steel and aluminum while harder break has been called for which would see the facturing. China’s computer maker at the center of the Countries was able to raise output by 1.3 million bar- MSCI Asia Pacific Index dropping 1 percent to its Brussels retailed with tariffs on $3.2 billion worth of UK leaving the single market, free to negotiate a free allegations Lenovo Group Ltd dropped 23 percent, rels per day. The kingdom also plans to invest $20 bil- lowest level in 3 weeks. US stocks fell the most since US goods. Though the US and EU had agreed to halt trade deal with the EU and the rest of the world. reporting its biggest loss in almost a decade. Paired lion to expand its spare oil production capacity. June as volatility spiked following allegations of negotiations back in July, president Trump has again Looking forward, EU leaders are set to meet at the with a months-long tariff dispute, the latest develop- Markets now brace for US sanctions on Iran’s oil China’s infiltration with American companies. The threated to slap tariffs on the EU’s car exports. European Council in Brussels on October 18-19. ments raise the question of China’s place in the supply exports that will take effect on November 4. The main S&P dropped to a 3 week low while technology chain to the US consumer. concern is that less supply will affect Asian buyers shares suffered the greatest as the Nasdaq 100 Index A tightening labor market UK manufacturing who are usually reliant on Iranian imports. Adding to reported its worst day since June, sliding 2.1 percent. Adding to the strong economic data trend for the The Manufacturing sector activity in the UK Japan’s consumption the markets pressure, a strengthening dollar makes US, the unemployment rate fell to its lowest level since economy unexpectedly saw an upturn in September, Japan’s household spending and base pay rose in dollar-denominated oil more expensive for buyers Manufacturing 1969 for the month of September. The Bureau of beating expectations of a drop to 52.5 and instead ris- August to their highest levels in years. Household with other currencies. Brent crude fell 1.02 percent to Looking at US economic fundamentals, US manu- Labor Statistics also reported on Friday that non-farm ing to 53.8 following an upwardly revised figure of 53 spending recorded its biggest jump in 3 years, rising $84.16 a barrel this past week, while US West Texas facturing eased in September, though still reported a payrolls rose by 134,000, significantly below the in August. Output and new order growth both accel- 2.8 percent in August. Base pay also saw its biggest Intermediate faced a 1.06 percent loss, settling at growing trend. The Institute for Supply Management 185,000 expectations. However, August’s upward erated, while business optimism improved as over 53 rise since 1997, climbing 1.4 percent over the year. $74.33 a barrel. reported activity at 59.8, down 1.5 points from Augusts’ revision to the previous month eased concerns as percent of companies expect production to increase Consumer spending is seen as key to the self-sustain- Kuwait 61.3 level that was the highest reported since May employers added 270,000 jobs. July’s figures also over the next year. Looking at the broader picture ing recovery attempted by the BOJ as bigger pay Kuwaiti dinar 2004. September’s figure represents the 25th straight revised up to 165,000 from 147,000. The unemploy- however, the manufacturing sector has contracted sig- raises this year are expected to help households face USD/KWD opened at 0.30335 yesterday morning.
and governmental bodies to curb the Infiniti Al-Babtain dangers of this disabling condition. According to last year’s statistics, ten US economy booms lights in in of 1,000 women are diagnosed with breast cancer wherein women over 40 solidarity of years are at a higher risk and are advised as elections near, to conduct regular examinations. ‘Breast Cancer Driven by its corporate social respon- but who gets credit? Awareness’ month sibility to bring about positive change within the communities it thrives in, WASHINGTON: Control of the US Congress hangs in the balance in hard-fought midterm elections next month. And, KUWAIT: Reinforcing the importance of Infiniti Al-Babtain has been campaigning even with a booming economy, the party in power does not early detection, and check-ups as part of for several social initiatives that matter have the wind at its back. its awareness campaign, Abdulmohsen to the brand, ranging from safety pre- The lowest unemployment level in nearly 50 years has Abdulaziz Al-Babtain Co (AABC), the cautions while driving, youth empower- also not substantially lifted President Donald Trump’s sole authorized dealer of Infiniti vehicles ment through sports and healthy lifestyle standing in opinion polls, and he remains among the least in the State of Kuwait, showed its sup- options, and breast cancer awareness. popular US leaders of the last 70 years. Forecasts point to port by lighting up the showroom and In lieu of the pink month, Infiniti Al- solid chances that Democrats could wrest control of the external facade in ‘Pink’. As a long term Babtain will be holding several offers and House of Representatives away from Republicans, drasti- advocate of the important cause and of promotions to celebrate women and cally shifting the political landscape in Washington. the prevention and control of the rapidly their inherent role in the community. Below are some facts on the recent run of the world’s growing disease in Kuwait, Infiniti Al- Al Babtain Group was founded in 1948, largest economy. Babtain urges every woman to educate to present a model of honesty, integrity themselves on potential risks, symptoms, and total dedication, gaining a solid repu- How good is the economy? and treatment methods. tation in the State of Kuwait and the ment style and long-term vision. These ness, which represents some of the best- Quite. By most measures, it is unusually strong. US Globally, October is observed as the Middle East area. Today, Al-Babtain astounding results were achieved due to selling brands in Kuwait, in addition to Federal Reserve Chairman Jerome Powell said last week the month of ‘breast cancer awareness’ Group has licensing rights for some of the a versatile strategic formula focusing on heavy equipment. The Abdulmohsen outlook was “remarkably positive.” GDP grew at a 4.2 per- world’s leading brands stretching the cent clip in the second quarter, the strongest in nearly four where in different organizations come growth amongst its sphere of activities; Abdulaziz Al-Babtain Co. (AABC) is together to address the new dangers as globe from the USA to the Far East. including automotive, technology, invest- proud to be the sole authorized dealer years and the fastest among advanced economies-though it For 70 years, Al-Babtain Group has was helped by a few one-off factors that are unlikely to be well as commit to sharing possible life ment, information technology, industrial and distributor of leading Japanese, experienced continued success and a replicated later in the year. saving solutions. Women are an impor- and Finance. European (French) and Chinese vehicles The last time the unemployment rate was this low — 3.7 tant foundation of the society and it has large measure of this success came from The automotive sector is the main in Kuwait such as Nissan, Infiniti Renault percent-president Richard Nixon was enacting tax reform fast become a priority among medical the Group’s advanced flexible manage- activity within Al-Babtain Group’s busi- & Citroen. and The Beatles were breaking up. Inflation is rising only slowly, but enough to eat into wages, which also are grow- ing sluggishly. Job creation through September has aver- But the focus of the meeting is averting aged 218,000 net new positions a month so far this year, IMF in quake-hit economic rather than natural disasters. the fastest rate since 2015. Consumer and business confi- The trade war launched by US President dence, as well as measures of services and manufacturing Indonesia to Donald Trump against China, along with activity, are all at historically high levels. But the housing disputes with allies like the European sector, which can be a leading indicator in the economic Union, Mexico and Canada, is a key cycle, appears in decline, with building and sales steadily focus on global source of concern. The dispute caused a weakening. Wall Street also has been very happy for much proliferation of protectionist measures in of the past 20 months, repeatedly smashing records. economic tremors recent months that is weighing more and But economist Jared Bernstein, adviser to former Vice more on international trade. President Joe Biden, notes that prosperity has not been BALI: Rising protectionism, vulnerable evenly shared. Corporate after-tax profits rose 14.9 percent emerging markets and record debt levels: Risks materialize in the first six quarters of the Trump era, but mid-level The IMF holds its annual meeting this Trump has imposed tariffs on $250 bil- hourly wages gained only 0.5 percent in the same period. week in earthquake-stricken Indonesia, as lion of annual imports from China, to try it shines a light on tremors in the global to pressure Beijing to change trade poli- Credit to Trump or Obama ? economy. Finance ministers and central cies he calls unfair, including theft of Economists caution against attributing economic per- bankers from 180 nations will be among American technology. Beijing countered formance, good or bad, solely to presidents. Trump has 32,000 attendees in Bali for the annual by imposing punitive duties on $110 bil- DENPASER BALI: This handout photo taken and released by the International forcefully claimed ownership for the current economy but it Monetary Fund (IMF) yesterday shows IMF managing director Christine Lagarde was former President Barack Obama who presided over meeting of the International Monetary lion of US products. Washington also has Fund and World Bank, which takes place imposed steep tariffs on steel, aluminum, (left) and Indonesia Minister Luhut Binsar Pandjaitan (right) carrying their fin- most of the recovery. “There’s no question that there’s a ished coral fragments to the water where it will help rehabilitate the threatened mixture of credit involved. President Obama took office every three years outside of Washington. washing machines and solar panels, draw- The gathering will be held from Tuesday ing retaliation from Canada, Mexico, coral reefs, ahead of the start of the 2018 IMF/World Bank annual meetings in during the worst downturn since the Great Depression,” Nusa Dua on the Indonesian resort island of Bali. —AFP Douglas Holtz-Eakin, a Republican former director of the to Sunday. China and others. Congressional Budget Office, told AFP. The resort island of Bali is 1,125 kilome- Like the OECD, which lowered its eco- But Trump has slashed taxes and regulations to energize ters (700 miles) from Palu, the city on nomic growth forecast for the world cent higher than in 2007.” the Peterson Institute for International businesses, Holtz-Eakin said. Following December’s tax Sulawesi that wracked by an earthquake economy to 3.7 percent for 2018, IMF That creates concerns for emerging Economics said Brazil also was likely to see cuts and a big spending package enacted in February, the and tsunami on September 28 that left chief Christine Lagarde signaled the fund market economies which will come under market turbulence next year and South US economy does appear to be growing faster than it did more than 1,500 dead and 1,000 missing. would cut the outlook which in July stood increased pressure as the US central bank Africa is vulnerable as well. in the prior two years-for now-and business investment Despite the distance, security is a major at 3.9 percent. After sounding the alarm in raises interest rates, while investors are “This is not going to end well,” de Bolle picked up. The International Monetary Fund in July fore- concern for Indonesian organizers. recent years about threats to the global likely to pull out of those markets seeking said of the emerging market outlook. cast US growth of 2.9 percent for 2018, which would match Bali experienced a series of volcanic economy, Lagarde said last week “some higher returns. There could be broader repercussions the expansion in 2015 under Obama. But as unemployment eruptions over the summer, while the of those risks have begun to materialize” Argentina and Turkey already have in the event China’s economic engine slows has fallen and available workers have become scarce, job neighboring island of Lombok was struck and “there are signs that global growth been hit by headwinds, seeing their cur- sharply amid the trade confrontation. growth has actually slowed under Trump. by a string of deadly earthquakes. If there has plateaued.” rencies collapse and forcing Buenos Aires Group of 20 finance ministers also are due Since January 2017, the economy had added 3.9 million is an earthquake, Jakarta recommends par- The rise in trade barriers is slowing to go the IMF for help. The fund recently to meet in Bali on the sidelines of the IMF jobs. But in the final 21 months of Obama’s presidency, there ticipants stay in the conference center, trade, and dampening investment and man- were 4.5 million net new positions created. And, since peak- increased support for Argentina by $7 bil- meeting to discuss topics such as US sanc- which, like many hotels in Bali, is built to ufacturing as uncertainty increases, she ing at 10 percent in October 2009, the US unemployment lion to $57 billion in exchange for tough tions against Iran or taxes on digital giants. said. And she repeated the warning about rate has fallen 6.3 percentage points: 5.3 points of that was withstand such seismic events. economic policy reforms, although the loan This will the last meeting prior to the lead- under Obama and just one under Trump. —AFP In case of tsunami risk, attendees rising debt levels which “reached an all- has not yet been approved by the IMF ers’ summit in Buenos Aires at the end of would be evacuated to a nearby building. time high of $182 trillion-almost 60 per- board. But Economist Monica de Bolle of November. —AFP Established 1961 13 Business Monday, October 8, 2018 Saturated Lisbon airport puts Portugal tourism boom at risk Record passenger traffic a bittersweet achievement for economy LISBON: A record number of passengers using wrapped up soon, say both sides. But for airlines, the Lisbon’s airport is proving a bittersweet achievement as wait is uncomfortable. “The delivery calendar for our daily delays and a lack of space to park planes threat- new planes is set, but I don’t know yet if I’ll have space ens to strangle the goose laying golden eggs for to park them. It’s really frustrating,” the chief executive Portugal’s economy. Tourists flocking to Lisbon to soak of TAP, Antonoaldo Neves, said at a recent conference. up some sun and while away evenings listening to Fado “If we don’t move forward with the necessary speed, music in the city’s bars has been one of the bright spots all of Portugal will be left behind,” he said. in Portugal’s economy, which was wracked by the euro- TAP is the principal airline at Lisbon airport, and zone debt crisis at the start of the decade. constraints there could begin to stunt their company’s But with Lisbon’s Humberto Delgado airport having growth next year. “What are we waiting for to move already in 2016 passed its capacity forecasts for 2025, forward with the Montijo option?” questioned the head there are mounting concerns that without rapid invest- of the association of tourism firms, Francisco Calheiros. ments it might soon act as a choke valve on the motor Some estimates say Portugal stands to lose one mil- of Portugal’s economy. lion tourists per year because of the situation. In 2017, the airport set a new record of 26.7 million Prime Minister Antonio Costa recognized there is passengers, a 66 percent increase over four years. And “no other solution” but said the government is waiting traffic is up another 11 percent over the first eight for the results of an environmental impact study to months of this year. “make the decision absolutely irreversible”. The Portuguese government, national airline TAP and the tourism sector all agree: construction of a sec- ‘Correct the mistake’ ond airport for the capital needs to get underway. The situation Lisbon finds itself in is also part of the legacy of the eurozone debt crisis, which pushed the ‘Frustrating’ situation country into seeking an international bailout in 2010. As The plan under discussion is to convert Montijo air- part of the bailout the government slashed spending base on the opposite side of the Tagus river from and investment, including abandoning plans to build an Lisbon into a civil airport. As a stop-gap measure, a lit- entirely new airport in a town adjacent to Montijo. tle-used secondary runway at the current airport, “We need to correct the mistake made when it was located in the city’s northern suburbs, will be closed to decided not to build an airport that we already needed make space to park planes. The Montijo project, which then,” said Costa. For Thierry Ligonniere, the chief would take overall capacity to 50 million passengers operating officer of ANA and a member of the manage- per year, has been the subject of discussions since ment board of Vinci Airports, the problem is to some LISBON: A man stands on the sidewalk in front of Humberto Delgado airport in Lisbon. —AFP February last year between the government and ANA, degree a consequence of success. the operator of 10 Portuguese airports that is owned by “If we have difficulties at Lisbon airport, it is would require ANA to make investments totaling sever- so much money so quickly because that is saying French construction and management firm Vinci. because traffic grew rapidly,” he told AFP on the side- al hundreds of millions of euros, the company estimates. good work has been done in traffic development,” The discussions are well advanced and should be lines of the conference. The conversion of Montijo “We are content to be in a situation of investing he said. —AFP
team,” said Weaver, who called for a US advertising “reckoning” in HR policies for the longtime good of the industry. The conference was held as the US reeled over the nomination- firms grapple and eventual confirmation-of Kavanaugh to a lifetime position on the Supreme Warba Bank Court after several women accused him of with ‘Me Too’ sexual assault while in the 1980s. The Kavanaugh allegations came a year announces NEW YORK: Some of corporate America’s into the “Me Too” uprising spawned by dirty secrets were aired this week at a horror stories of Hollywood executive Al-Sunbula conference that overlapped the anniver- Harvey Weinstein and other serial sary of the “Me Too” movement and the harassers usually aided by a phalanx of contentious debate over Brett Kavanaugh, corporate henchmen. draws who was confirmed as the latest Supreme Senior female advertising executives Court justice on Saturday. An Advertising came together earlier this year to form KUWAIT: Warba Bank, “the Best investment Week session on human resources veered Times Up Advertising to “create equi- Bank” and “Best Corporate Bank” in Kuwait, held between confession and crusading. table and safe cultures within our agen- its monthly draws which includes: Al-Sunbula One speaker described the indignity of cies,” according to a mission statement Account monthly draw and the 36th weekly draw being harassed while pregnant. Others signed by 180 women. “Sexual harass- for Al-Sunbula Account. The draw announced the discussed soul-crushing details of working ment is not OK. Never. No exceptions. 9 lucky winners in the presence of representa- on non-disclosure agreements for harass- No amount of talent, missed cues, or Industry officials say they are rethinking workplace policies, including teaching tives from the Ministry of Commerce and ment victims paid off to leave the company being great in the room unchecks the No Industry and Bank officials. and keep quiet. Advertising-a field that Sexual Harassment box,” said the letter. bystanders to speak up, and allowing victims to feel safe filing a complaint. —AFP The bank proudly announces the lucky four like entertainment sometimes rewards “Time’s up on silence.” winners of its monthly draw for the month of those who push the boundaries-is yet The more anarchic Diet Madison Avenue are sparring over whether policies in turgid employee handbooks. another industry that has seen executives Avenue, an anonymously-run Instagram Instagram should be forced to respond to One focus is on “bystander training,” get- October, Farhan Salem Farhan Al-Ajmi and pushed out of major firms following alle- account, also is pushing for changes in the a subpoena that could unmask the group. ting employees to call out sexist or racist Morouj Nadhem Nahi Al-Khalifah won KD gations of sexual misconduct. industry, calling out agencies and alleged statements made by colleagues. 5,000. Talal Kanaan Mohammad Al-Otaibi and “There are a lot of ways in which HR individual harassers, leading to some dis- Ending ‘whisper networks’ In the infamous “Access Hollywood” Abdulmajeed Salem Bnayyan Al-Dosari won KD has been complicit,” said Rebecca Weaver, missals.One of those executives, Ralph Industry officials say they are rethink- tape in which Billy Bush laughed as US 10,000 which is the grand prize. However, the cofounder of HR Uprise, an activist group Watson, denied the allegations and sued ing workplace policies, including teaching President Donald Trump made lewd com- lucky 5 winners who received 1000 KWD each launched over the last year. Diet Madison Avenue in a California court bystanders to speak up, and allowing vic- ments about women, “You’re really trying are: Adel Arbeed Jluwi Al-Arbeed, Fatemah “If you’ve ever sent out that email say- for defamation after he was dismissed tims to feel safe filing a complaint. to reach Billy Bush and not Donald Trump,” Meshari Abdullah Yousef, Mastourah Khashan ing ‘so and so has resigned to explore oth- from Crispin Porter & Bogusky. Lawyers Experts say behavioral remedies could HR expert Weaver, who works at a Seattle Mohammad Al-Khaldi, Ghala Yousef Abdullah er opportunities,’ you’re lying to your in the case for Watson and Diet Madison be far more critical than tweaking written advertising firm, told AFP. —AFP Fayez and Hala Mahmoud Mohamed Youis. Al-Sunbula Account is the perfect choice for all customers who wish to save money and Al-Tijari announces China slashes achieve steady returns while simultaneously have the opportunity to win cash prizes throughout the winners of Al-Najma year. Due to the high traffic on this account, for banks’ cash its offerings of unparalleled opportunities, Warba weekly & monthly draws Bank has worked on enhancing Al-Sunbula reserve ratio account to provide customers with more benefits. KUWAIT: Commercial Bank of Kuwait announced the Such enhancements include increasing the num- winners of the weekly and monthly draws as follows: ber of winners and the frequency of the draws. Monthly draw prize KD 20,000 - Nayattil amid trade war Now, on every Thursday the Bank holds draws for Sarangupani Rajeeve 5 weekly winners of KD 1,000 each. In addition, BEIJING: China’s central bank yesterday announced Weekly Draw prize KD 5000 - Fazal Amin Khanim the Bank continues its monthly draws held on the a steep cut in the level of cash that banks must hold Ullah first Thursday of every month, with cash prizes of The draw was conducted in the presence of as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the eco- KD 30,000 divided amongst 4 winners: two win- Ministry of Commerce and Industry representative LONG BEACH: Shipping containers (right) are unloaded beside ners getting KD 10,000 each, and two winners Abdulaziz Ashkanani. Al-Najma Account was recently nomic drag from an escalating trade dispute with the the Battleship USS Iowa (left) at the Port of Long Beach, in Los getting KD 5,000 each. revamped by adding several benefits to the prize pro- United States. Angeles County. —AFP Thus, the new development of Al-Sunbula gram through which now the account provides its cus- The reserve requirement cut, the fourth by the tomers the chance to win the biggest annual cash prize People’s Bank of China (PBOC) this year, comes as account has increased the total number of win- offered by a bank in Kuwait and over the globe as Beijing has pledged to expedite plans to invest billions ners to 24, and the total amount of prizes to much as KD 1 million and half (KD 1,500,000) so that of dollars in infrastructure projects as the economy said Zhang Yi, chief economist at Zhonghai Shengrong 50,000 KD instead of 30,000 KD. As for the customers’ dreams can easily turn to reality. shows signs of cooling further, with investment growth Capital Management. chances for winning, each customer is eligible to The bank stated that the account prizes this year is slowing to a record low. Pence intensified Washington’s pressure campaign enter the draw against each KD 10. It is notewor- featured by the highest cash prize and diversity of Reserve requirement ratios (RRRs) - currently 15.5 against Beijing on Thursday by accusing China of thy, that Warba Bank has recently launched the prizes throughout the year clarifying that Al-Najma percent for large commercial lenders and 13.5 percent “malign” efforts to undermine US President Donald Al-Sunbula Fixed Deposit, which provides depos- Account will offer weekly prize of KD 5,000 and for smaller banks - would be cut by 100 basis points Trump ahead of next month’s congressional elections itors with high returns of up to 3%, as well as monthly prize of KD 20,000 and a semi-annual prize effective Oct. 15, the PBOC said, matching a similar- and reckless military actions in the South China Sea. getting monthly chances to win in Al-Sunbula of KD 500,000 in addition to the grand prize (the sized move in April. Economists predicted further Pence’s speech marked a sharpened US approach Account draws. biggest prize in the world) of KD 1,500,000 for which cuts ahead. toward China, going beyond the bitter trade war Furthermore, Warba Bank has launched its lat- the draw will be held in January 2019. Al-Najma Beijing has stepped up liquidity support across the between the world’s two biggest economies, which has est Customer Onboarding solution, in line with its Account can be opened by depositing KD 100, and financial system this year as policymakers have focused magnified concerns about the outlook for China’s econ- ambitious five-year strategy that enables non- customer should maintain a minimum amount of KD on calming fears of capital outflows and sought to omy. Weakening exports were already a drag on Warba Bank customers to request opening Al- soothe battered markets even as anxiety grows that a growth in the first half of the year after giving an added 500 to be eligible to enter all draws on Al-Najma Sunbula account in an easy electronic manner heated trade war with the United States could deal a boost to the economy last year, highlighting the need Account prizes. As for the chances of winning, the through the bank’s website without having to visit damaging blow to the broader economy. for sustained strength in domestic demand if significant more balance a customer maintains in Al Najma any of the Bank’s branches, by following 5 simple Account, the more chances the account holder will get China’s yuan currency has faced strong selling pres- new US tariffs are imposed. sure this year, losing over 8 percent between March The “very timely” RRR cut is big enough to help steps that might take up to 5 minutes. New cus- to win, where each KD 25 will give the customer one tomers will be able to request opening the chance to win, the account also offers additional bene- and August at the height of market worries, though it boost confidence in the economy, said Xu Hongcai, account at anytime, anywhere, and the Bank will fits like the ATM card, a credit card against customer’s has since cut losses as authorities stepped up support. deputy chief economist at the China Center for receive, process and pass the new application for account and all CBK banking services that customer Yesterday’s move will inject a net 750 billion yuan International Economic Exchanges, a Beijing think tank. can enjoy. ($109.2 billion) in cash into the banking system by “The trade war’s impact on the economy is show- approval through whole new and unique elec- Now CBK existing customers can open Al-Najma releasing a total of 1.2 trillion yuan in liquidity, with 450 ing. There is room for further reductions and I tronic system used to implement this service. Account through Al-Tijari Online and enter all draws billion yuan of that to offset maturing medium-term expect another 1 percentage point cut by the year- Warba Staff will then contact the customer to without visiting the Bank branch. However, CBK non- lending facility (MLF) loans. The RRR cut, announced end,” Xu added. determine the appropriate time to visit the branch customers can submit account opening application via on the last day of China’s week-long National Day holi- The central bank said yesterday it would continue to get required signatures, verify the customer’s the Bank’s website where the Bank’ Sales Unit will call day, indicates that the central bank is worried about the to take necessary measures to stabilize market expec- identity, deliver his/her debit card, and activate them to arrange visit to the customers to complete the impact of “external shocks” to markets such as a tations, while maintaining a prudent and neutral mone- the account. account opening formalities. speech last week by US Vice President Mike Pence, tary policy. —Reuters 14 Established 1961 Business Monday, October 8, 2018
NBK Capital Monthly Market Commentary Global equities continued winning streak in Sept; Fed rates edge up Trump clinches trade deal with Mexico and Canada
KUWAIT: Global equities continued their winning streak down by performance in August. Brexit remains the main for the third straight month in September closing 0.3 topic of discussion surrounding the UK and EU. During percent in the green as measured by the MSCI All the month, the EU rejected the latest proposal from UK’s Country World Index. For the quarter, the index closed Prime Minister May leaving the split unsettled and mov- up 3.8 percent. In the US, both the Dow Jones and S&P ing towards a hard divorce. This has given way to discus- 500 were up for the month 1.9 percent and 0.4 percent sions within the UK on a snap election as early as respectively while for the quarter, the indices were up November or even a second referendum. The Bank of 9.0 percent and 7.2 percent. During the month, President England met earlier in the month and kept rates Trump was able to come to an agreement with both unchanged, as expected, citing concerns related to Mexico and Canada to replace NAFTA with a new trade Brexit. On the economic front, the Gfk Consumer agreement, while implemented additional tariffs on Confidence dropped to -9 from -7 while Gross Domestic Chinese products valued at $200 billion. Product year-on-year for Q2 grew by 1.2 percent. The The Federal Reserve met towards the end of the Markit Manufacturing PMI increased from its last read- month and increased its fed funds rate by 25 bps as was ing to 53.8 while the Markit Services PMI slipped to widely expected and provided guidance for potentially 53.9 from 54.3. one more hike in 2018 and possibly three in 2019. Gross Japan’s Nikkei 225 continued its positive run into Domestic Product came in at 4.2 percent on an annual- September posting its largest monthly gain of 5.5 per- ized basis, meeting expectations while both the Markit cent year to date. On a quarterly basis, the index is the Manufaturing PMI and Markit Services PMI remained best performer relative to other global indices posting a above the 50 mark at 55.6 and 53.5, respectively. gain of 8.1 percent. Furthermore, the index hit an intra- In Europe, markets in September were able to stop day high during the month, its highest level dating back the bleeding from the previous month closing up 0.2 27 years to November 1991. Defensive stocks have con- percent while registering a gain of 0.9 percent for the tributed significantly to this performance in addition to quarter. The two largest sub-markets within Europe had the Bank of Japan’s plans to continue with its accom- mixed performances. The CAC 40 Index posted a gain of modative monetary policy. The Nikkei Manufacturing while South Korea’s index broke through into positive perform poorly, for the sixth month straight posting a 1.6 percent closing out the quarter up 3.2 percent while PMI came in at 52.5, slightly below the previous month’s territory posting a gain of 0.3 percent. China has been loss of 0.9 percent resulting in a Q3 negative return of the DAX Index closed both the month and quarter down reading of 52.9. The Markit Services PMI retreated from unable to find common ground with the US in terms of 4.9 percent. 1.0 percent and 0.5 percent, respectively. Towards the August’s reading of 51.5 to 50.7. In addition, the de-escalating a potential all-out trade war and instead GCC equities ended the month in positive territory, end of the month, Italy’s budget, targeting a deficit of 2.4 Consumer Confidence inched up to 43.4 from 43.3, retaliated with tariffs of its own on US goods worth USD closing up 0.5 percent in September, as measured by percent of GDP over the next three-years, surprised although it remains below the 50 mark. 60 billion. In terms of economic data, China’s Caixin the S&P GCC Index. On a quarterly basis the Index is both EU officials and market participants alike. The Manufacturing PMI dropped by 0.6 to 50 while Non- up 0.7 percent. The regional markets were supported by European Central Bank did not change its monetary pol- Emerging markets drop Manufacturing PMI increased to 54.9 from 54.2. In the pick-up in global investor sentiment as well as antic- icy during its monthly meeting although it did confirm its Emerging markets, as measured by the MSCI South Korea, the Nikkei Markit Manufacturing PMI ipated capital inflows ahead of Kuwait’s inclusion in intention to unwind its monthly asset purchase program Emerging Markets Index, posted a loss of 0.8 percent crossed the 50 mark to settle at 51.3. FTSE’s Emerging Market Index. The best performing starting next month. Consumer Confidence within the resulting in a quarterly decline of 2.0 percent. This Brent Oil continued to rally posting a gain of 6.8 per- index was Oman’s MSM 30 Index up 2.8 percent fol- eurozone dropped from -1.9 to -2.9, whereas the Markit underperformance was a result of major concerns cent in September bringing its Q3 performance up to 4.1 lowed by Saudi Arabia up 0.7 percent and Bahrain up Manufacturing and Services PMI each continue to indi- revolving around the US-China trade war and the tur- percent. During the month, the commodity reached a 0.03 percent. The worst performing index was Abu cate growth with readings of 53.2 and 54.7, respectively. moil in major emerging market economies such as high of USD 83.0pb, a level not seen since it began Dhabi’s ADX General Index down 1.0 percent followed Turkey and Argentina among others. China and South falling in the second half of 2014. Contributing to this ral- by Qatar down 0.7 percent, Dubai down 0.2 percent FTSE 100 Korea’s main indices performed well in September with ly are several factors including OPEC and Russia’s deci- and Kuwait down 0.1 percent. MENA equities also end- The UK’s FTSE 100 Index closed the month of the Shanghai Composite Index up 3.5 percent and the sion not to increase production to compensate for sup- ed the month up 0.6 percent, as measured by the S&P September in positive territory up 1.0 percent while KOSPI 200 Index up 0.2 percent. On a quarterly basis, ply shortages coming from Iran, due to US sanctions, and Pan Arab Composite Index while Egypt’s EGX 30 post- posting a loss of 1.7 percent for the quarter dragged China’s index posted a negative return of 0.9 percent Venezuela, due to its economic crisis. Gold continues to ed losses of 8.7 percent.
Das - Manager and Mohammed Zakir - Supervisor Sayer for their continuous supports.” AUTO1 opens representing the principal agents of Toyota and The store will be “one of its kind” catering to a dis- Lexus in Kuwait. cerning audience who are looking only for the best Fouad Al-Ghannam - Board Member of KAPICO quality genuine parts, making it possible for them to VIVA sponsors exclusive genuine Group Holding Co, after inaugurating the store said keep their car as good as new. Hussein K Fawaz - “We have had an exceptional relationship with Al- Associate Vice President of Kuwait Auto Parts Imports parts store Sayer Group in the past and we have been dealing Co WLL commented, “We would like to welcome all ArabNet Kuwait for Toyota and Lexus genuine parts for a many our customers to this store, where we will be offering years. Today, we are delighted and privileged to extensive inventory of genuine parts. Located right in Conference 2018 KUWAIT: AUTO1’s automotive aftermarket parts entity commence our exclusive store serving the genuine the heart of the automotive market, this location is ideal Kuwait Auto Parts Imports Co WLL, opened its first- parts customers.” and will allow quick and easy access to the customers KUWAIT: VIVA, Kuwait’s fastest-growing and ever genuine parts showroom on Canada Dry Street, Ranveer Handa - CEO, KAPICO Group Holding Co to buy their parts when they need at fair prices. Being most developed telecom operator, has recently Shuwaikh Industrial Area during a distinguished event was also present during the inauguration. He an exclusive genuine parts store, customer will be rest announced its sponsorship of “ArabNet on the 1st of October 2018. The ceremony was attended expressed that he was excited on the opening of the assured that the parts sold from this counter will be all Conference 2018 - Kuwait”, that will take place by members of management from Al-Ghannam and new showroom adding “AUTO1 has been for decades original, delivering the best fit and performance for the serving the Japanese auto parts market, this store vehicles.” from 8 to 9 October, 2018 at the Courtyard AUTO1, guests from Al-Sayer and customers from the means a new chapter in glorious AUTO1’s story is Kuwait Auto Parts Imports Co WLL, is a leader in Hotel’s Arraya Ballroom. trade and retail. about to begin. Toyota and Lexus being one of the automotive aftermarket parts for Asian origin vehicle VIVA’s participation aimed to reinforce the The newly-opened store will exclusively show- case the entire range of genuine parts and acces- leading vehicle brands in Kuwait, the demand for gen- models since decades and serves customers through its relation between telecom sector and entrepre- sories for the Toyota and Lexus range and will cater uine parts has always been strong and steadily grow- several stores across Kuwait. It also represents exclu- neurs to support the vision of HH the Amir Sheikh to both customers in both retail and trade segments. ing which has initiated the idea of this genuine store sively in Kuwait some of major aftermarket OEM parts Sabah Al-Ahmad Al-Jaber Al-Sabah, about trans- The prominent guests included the team from Al- concept. We are very happy to serve our customers manufacturers in world, covering the entire of automo- forming Kuwait to a financial and commercial Sayer - Aftermarket Parts Division comprising of from this exclusive store and would like to thank Al- tive parts industry. center “Kuwait 35”. In addition, to foster the vital role of entrepreneurship in the society in order to create real opportunities to the upcoming gener- ation and emphasize the importance of transfer- Wall Street Week Ahead ring valuable knowledge, experiences and Flydubai to operate expertise in the field of technology to young business owners to put them on the right track, Are transportation and promoting innovative ideas in small to medi- flights to select um sized businesses. stocks the market’s Dedicated VIVA staff will be present at the destinations VIVA’s booth promoting the latest products and canary in a coal mine? services offerings from VIVA that cater to per- from DWC sonal and business requirements. NEW YORK: The US transportation sector, which many see as a proxy indicator of the economy’s health, has retreated 3.1 KUWAIT: Flydubai has announced yesterday that percent from its Sept. 14 record, hinting to some analysts that it will operate flights to select destinations from the longest bull market on record has entered its late stages. Dubai World Central (DWC) in order to provide Railways, freight carriers and package deliverers get less more travel options to passengers during the Burgan Bank attention than heavy-hitting momentum stocks like Apple Inc and Amazon.com, but the sector could be showing cracks in southern runway refurbishment project previously announces winners of what analysts and the US Federal Reserve characterize as a NEW YORK: Traders work on the floor at the closing bell of the announced by Dubai Airports. The refurbishment robust economy. Several constituents of the Dow Jones Dow Industrial Average at the New York Stock Exchange in New project is scheduled to take place between 16 Transportation Average (DJT) have provided disappointing York. —AFP April 2019 and 30 May 2019. Yawmi account draw guidance in recent months. As the third-quarter reporting sea- Flydubai will operate flights to 39 destinations son approaches, investors will watch to gauge whether trade, from DWC during the period of the refurbishment KUWAIT: Burgan Bank announced yesterday the fuel and dollar risks are affecting the sector’s bottom line. The margins. The global package delivery company has been chal- project to ensure minimum disruption to passen- names of the daily draw winners of its Yawmi account 20-company DJT has recently diverged from the broader mar- lenged this year by the ongoing trade disputes between the gers’ travel plans. At DWC, passengers will con- draw, each taking home a cash-prize of KD 5,000. ket after a strong run since late June, suggesting these head- United States and its major bilateral trading partners, notably tinue to benefit from all the convenient travel The lucky winners are: winds could be taking a toll. As the DJT has retreated, the China and Europe. services offered by flydubai at one of the world’s 1. Lateefah Mohammad Hamad Albusaili broader Dow Jones Industrial Average has moved in the oppo- Although a preliminary deal to replace the North American future aviation and logistics hubs. During this 2. Raed Ahmad Aldabbousi Alqut site direction. The Dow reached its most recent all-time high on Free Trade Agreement has boosted railway stocks, looming tar- period flights to ten of these destinations will also 3. Eman Sulaiman Ahmad Alzamek Tuesday, 13 trading days after the DJT’s Sept. 14 record. iffs threaten to increase the cost of transporting goods and be available from DXB. Flights to all other fly- 4. Bader Esam Bader Alessa Diverging highs between the two indexes can signal growing services, further testing other DJT constituents. “There may well dubai destinations will continue to operate from market instability. Similar divergences occurred leading into the be blood in the water before we actually get some kind of Dubai International (DXB). 5. Fatemah Mosatafa Ali Mostafa recessions of 2001 and 2008-2009, and most recently heading In addition to the daily draw, Burgan Bank also agreement on trade between the US and China,” said Bernard Commenting on the announcement, flydubai’s into the market correction that began in late January. “The Baumohl, managing director and chief global economist at the offers a quarterly draw with more chances to win Chief Executive Officer, Ghaith Al-Ghaith, said: “As transports have been going sideways and haven’t confirmed the Economic Outlook Group in Princeton, New Jersey. “It could do higher rewards, offering the chance to one lucky cus- we saw in 2014, runway enhancement programs new highs in the industrials,” said Michael O’Rourke, chief mar- some serious damage in the long run as China seeks to establish continue to support the long term vision for avia- tomer to win KD 125,000 every three months. The ket strategist at JonesTrading in Greenwich, Connecticut. “If the new supply chain routes from other countries and rely less on tion in the UAE. With flydubai flights operating to Yawmi Account offers daily and quarterly draws, transports were to break down further from these levels, if you the United States.” select destinations from DWC, we aim to not only wherein the quarterly draw requires customers to saw them declining another 2 or 3 percent in the near future, Analysts see costs of transportation fuels, which include support this vision but to provide our passengers maintain a minimum amount of KD 500 in their you would call that a bearish non-confirmation.” gasoline, diesel and jet fuel, continuing to climb due to tighten- with as much choice as possible to travel across account for two months prior to the draw date. ing supply and increasing demand. our network with minimum disruption.” New NAFTA deal Rising fuel costs are “depressing stocks that make up the Additionally, every KD 10 in the account will entitle Flights to 39 destinations from flydubai’s net- customers to one chance of winning. If the account On Friday, both indexes closed lower, with the DJT slipping transportation index,” Baumohl added. 0.8 percent and the Dow Jones Industrial Average dropping 0.7 Brent Crude prices have risen nearly 26 percent since the work of 92 destinations will operate from DWC balance is KD 500 and above, the account holder will during the runway enhancement project including be qualified for both the quarterly and daily draws. percent. Delta Air Lines Inc is due to report on Oct. 9, a week beginning up the year and energy analysts see the trend contin- after lackluster forecasts from the company and its peer United uing well into 2019. flights to Alexandria, Delhi, Istanbul, Jeddah, Burgan Bank encourages everyone to open a Continental pulled US airline stocks lower . The bulk of the Kuwait, Mumbai and Riyadh. Following the com- Yawmi account and/or increase their deposit to “In the near-term we’ve seen prices increase as a result of companies in the DJT are expected to post results in the latter Iranian sanctions reducing the supply of crude oil to the mar- pletion of the runway enhancement project on 30 maximize their chances of becoming a winner. The half of October. ket,” said Andrew Lipow, consultant at Lipow Oil Associates in May 2019, flydubai will resume its flights to these higher the level of the deposit, the higher the likeli- FedEx Corp, the first in the group to post quarterly earnings Houston. “I expect that over the next year, the price in trans- 39 destinations from Dubai International (DXB). hood to win. on Sept. 17, missed Wall Street estimates as costs weighed on portation fuel is going to be increasing.” —Reuters 15 Technology Monday, October 8, 2018 Russian hackers long tied to military and secret services Russia faces accusations of waging a global campaign of cyber attacks
MOSCOW: During the Soviet era, the country’s top com- In 2016, Russian cybersecurity giant Kaspersky esti- puter scientists and programmers largely worked for the mated that between 2012 and 2015, Russian hackers had secret services. That practice appears to have resumed stolen at least $790 million worldwide. Russian computer under President Vladimir Putin, as Russia faces accusa- scientists study at “very strong universities in Saint tions of waging a global campaign of cyber attacks. Dutch Petersburg, Moscow, Novosibirsk, Kazan or Krasnoyarsk”, officials have accused four Russians from the GRU military said Denis Kuskov of TelecomDaily specialized research intelligence agency of attempting to hack into the global agency. They “can work anywhere in the world, in any chemical weapons watchdog in The Hague. The agency has investigated both the fatal poisoning of Russian former double-agent Sergei Skripal; and an alleged chemical attack by Moscow-allied Syrian Fancy Bear, President Bashar Al-Assad. The Baltic states were the first to accuse Moscow of mounting attacks to knock out their APT 28, sites back in 2007. Estonia said one such attack had put the country’s main emergency service phone number out Sofacy linked of action for over an hour. Since then, accusations of cyber attacks have continued against Moscow. to GRU The Russian hacker group variously known as Fancy Bear, APT 28 and Sofacy has been linked to GRU and accused of attacks on the US Democrats’ 2016 presidential campaign, together with Russia’s FSB security service, the successor to the KGB. The skills of Russian hackers today international company,” he added. In recent years, howev- developed from a tradition of excellent computing and pro- er, more have opted to stay in Russia, he said. “The secret gramming skills dating back to the Soviet era. “The whole services have grown more interested in good program- structure of the economy was skewed towards the military mers and it’s easier for them to find work in Russia now.” sector,” said Oleg Demidov, a consultant at the Moscow- In 2012, the Russian defense ministry announced it was based independent think-tank PIR Center. “All the achieve- creating its own “cyber troops”. It launched a wide ments of Soviet science including the first computers went to recruitment drive that included promotional videos on serve the military sector.” The most brilliant students were social media. For Demidov, the growing wave of attacks pushed to work in the military and space sector, he added. attributed to Russian hackers has come about as Russia becomes better able to defend its own cyber security Banking crime more strongly, the military sphere included. “These After the Soviet Union fell apart in 1991, its armed efforts... have began to bring results,” he said. Today how- forces were broken up and most of the top specialists ever, even the most established players in Russian IT are in THE HAGUE: This undated handout document released by the Dutch Defiance Ministry shows equipment turned to the nascent banking sector in Russia, either to the sights of the West. The US in 2017 imposed a ban on found in a vehicle in The Hague as The Netherlands expelled four alleged Russian agents after uncovering a work there or to attack it. In this era saw the first cyber the use of Kaspersky’s anti-virus software by federal spy-novel-style bid by Russia’s GRU military intelligence agency to target the Organization for Prohibition of attacks on banking operations and the first mentions of agencies amid concerns about the company’s links to the Chemical Weapons (OPCW) in The Hague. — AFP Russian hackers. “Now Russian hackers are excellently Russian intelligence services. trained and equipped and they still occupy one of the top While many young Russians may choose to work for the tary tribunal in Moscow held a closed-doors trial for the head plices. Kommersant daily reported that they were accused of positions in banking crime,” said Demidov-even if the military and secret services for reasons of patriotism, some of operational control at the FSB’s centre for information passing secrets on the Russian secret services’ cyber tech- Russian justice system has begun to crack down on them. may still be more interested by the money. This week a mili- security, Colonel Sergei Mikhalkov and three alleged accom- nology to the FBI in return for $10 million. — AFP
Ahead of US poll, . angst over the Electric cars hacking threats still have long
WASHINGTON: At a Boston technology conference last road ahead month, computer scientist Alex Halderman showed how easy it was to hack into an electronic voting machine and PARIS: Under dazzling autumn sunshine in the heart of change the result, without leaving a trace. Halderman Paris, Marc Fiot steps out of a new Zoe, Renault’s flag- staged a mock election in which three conference atten- ship all-electric hatchback, and readily declares it “the dees voted for George Washington, but an infected memo- future”. Does that mean the 70-year-old retiree, who ry card switched the result to give a 2-1 victory to says he hasn’t missed an edition of the Paris Motor Benedict Arnold, the military officer who sold secrets dur- Show since 1966, is ready to join what carmakers insist ing the Revolutionary War. will be the electric revolution? “Not right away,” Fiot Halderman’s demonstration was on a voting machine says. “What’s stopping us is the price-it’s a bit expen- still in use in 20 US states, which had no paper ballots that sive for a small car.” could be compared to the electronic output, and thus no The base price for a Zoe starts at 23,000 euros way to determine if vote totals had been altered. “What ($26,500) in France, and doesn’t include battery rental keeps me up at night is the threat that a hostile nation- costs-though the government is offering a 6,000 euro state could probe every swing state or swing district (and) clean car rebate. But higher costs relative to traditional find the ones most weakly protected, to silently change the vehicles are just one of the hurdles facing the industry results of a national election,” the University of Michigan as it races to bring electric cars into the mainstream. professor said. THE HAGUE: (Left to right) Head of Dutch Military Intelligence and Security Service Onno Eichelsheim, Minister of “The problem is the range isn’t enough,” said Guillaume A month ahead of the midterm congressional elections, Defiance Ank Bijleveld and British ambassador Peter Wilson attend a press conference of the Dutch Military Magne, an 18-year-old who just recently got his license, security experts say the risks remain high for a hack on Intelligence and Security Service (MIVD). Dutch intelligence thwarted a Russian cyber attack targeting the global after trying out Citroen’s C-Zero. voting machines or other targets. The vote comes two chemical weapons watchdog in April and expelled four Russian agents, the government said. — AFP Eleven automakers have made 33 cars available for years after the US national election in which, according to free 30-minute test drives at the Place de la Concorde intelligence officials, Russian agents probed voter registra- as part of the motor show, which runs until October 14. tion networks in at least 20 states and accessed at least should mandate audits prior to the certification of elec- pointed to opportunistic attackers who don’t have political But the crowd was thin as the show opened to the pub- one. Halderman said the Russians had the ability to destroy tion results, it said, getting enough data to ensure that motives but want to “make a name for themselves.” Mike lic on Thursday, though the exhaust and constant honk- or alter voting records, which could have led to chaos on any electronic totals match the ones on paper. US elec- Murray, of security firm Lookout, said attackers could dis- ing from traffic charging chaotically through to the huge election day. He added however that, according to a tions are managed by state and local officials, meaning rupt the election by hacking into mobile phones of candi- square wasn’t exactly an enticement to get behind the Senate Intelligence Committee investigation, “they did not standards may not be uniform, and some states have dates, staffers, activists and others-sometimes simply by wheel. Although global sales of all-electric cars jumped pull the trigger on that ability.” resisted efforts to impose norms, claiming this would sending a text message infected with malware. “There’s a 50 percent last year, according to Jato Dynamics ana- Other researchers have shown flaws which could allow impinge on their authority. whole electoral ecosystem” of people whose phones can lyst Felipe Munoz, they represented barely 1 percent of hackers to penetrate voting machines or networks, and In Georgia, a judge declined to order the replace- be hijacked, Murray told a Capitol Hill briefing. “The new registrations. have stepped up calls for new methods to replace all-elec- ment of electronic voting machines for the November 6 mobile device has become one of the primary targets of tronic systems with no paper backup, still in use for an vote because it was too late, but warned that voters nation-states.” Optimism and doubts estimated 20 to 25 percent of US voters. The Defcon con- may have a case that their constitutional rights were Congress this year allocated $380 million to states to Electric optimism was nonetheless on full display, ference of security researchers discovered a voting tabu- violated. Five states still use “paperless” systems with- improve election security. But lawmakers declined to with executives predicting that crackdowns on pollution lator used in 23 states is vulnerable to a remote hack via a out any form of backup, according to Joseph Hall, who pass a proposed Secure Elections Act that would have and the push for self-driving vehicles made the shift network attack and another machine used in 18 states heads an election security research team at the Center mandated security standards and audits. The National from combustion engines inevitable. “There isn’t a sin- could be hacked within two minutes. for Democracy and Technology. Hall said that in addi- Association of Secretaries of State, comprised of offi- gle carmaker which isn’t planning to develop its own tion to voting machines and election rolls, hackers may cials in charge of state election systems, has down- range of models in the next three or four years,” said More paper needed look at other targets such as candidates, or the net- played the risks from hacking demonstrations, saying Guillaume Crunelle, an auto expert at Deloitte. He A National Academy of Science report in September works of state or local officials who run the elections. they don’t reflect real-world conditions. Meanwhile US expects that by 2022-23, “they will absolutely be com- recommended that every effort should be made to use “We are increasingly worried about adversaries attack- Homeland Security Secretary Kirstjen Nielsen said petitive in terms of price.” And Carlos Ghosn, head of paper ballots in the 2018 election and that by 2020 ing the election system,” Hall said. there have been “tremendous strides” in election securi- the Renault-Nissan-Mitsubishi alliance, said that once “human readable” ballots should be standard. States In addition to possible attacks from nation-states, Hall ty in the past two years. — AFP buyers are assured that a car can go at least 300 kilo- meters (185 miles) on a single charge, “range is no longer a concern”. That is indeed the case with the new models on display, including SUVs from Mercedes and said a unit of the People’s Liberation Army Audi, which long resisted offering all-electric models. China using were involved the operation that placed But executives admitted that a limited and disparate the chips on equipment manufactured in network of charging stations-often using incompatible chips on US China for US-based Super Micro plugs or payment systems-remained a deterrent to Computer Inc. Supermicro, according to potential buyers. Long charging times remain an issue as Bloomberg, also manufactured equipment well, with minimum waits of about 15 minutes currently. computers for Department of Defense data centers, The goal with new batteries expected to hit the market in the CIA’s drone operations, and onboard coming years is for ultrafast charging in seven to eight to steal secrets networks of Navy warships. The report minutes, similar to the time it takes to fill up at a petrol said Amazon discovered the problem when station. But engineers still have to figure out how to con- it acquired software firm Elemental and tain the extreme heat generated by such power transfers. WASHINGTON: Tiny chips inserted in US began a security review of equipment For Yves Bonnefont, head of the high-end French computer equipment manufactured in made for Elemental by California-based carmaker DS, depending on the level of government China were used as part of a vast effort by Supermicro. support, “the market can either accelerate sharply, or Beijing to steal US technology secrets, a According to Bloomberg, the spy chips develop slowly”. Such support has given China a huge published report said. The Bloomberg were designed for motherboards-the head start in the market, with Chinese brands largely News report said the chips, the size of a nerve centers for computer equipment- unknown outside the country making up eight of the grain of rice, were used on equipment used in data centers operated by Apple, top 10 electric carmakers by volume-the others being made for Amazon, which first alerted US Amazon Web Services and others. Apple Renault and Nissan. US and European carmakers worry authorities, and Apple, and possibly for said in a statement it “has never found this could make them dependent on Chinese battery other companies and government agencies. malicious chips, ‘hardware manipulations’ WASHINGTON: A man types on a computer keyboard in this photo illustration taken technology, not least because China holds huge Bloomberg said a three-year secret inves- or vulnerabilities purposely planted in any in Washington, DC. An elite group of North Korean hackers has been identified as reserves of the rare-earth minerals needed for lithium- tigation, which remains open, enabled spies server.” A statement by Amazon to AFP the source of a wave of cyberattacks on global banks that has netted “hundreds of ion and other battery technologies. Another challenge to create a “stealth doorway” into comput- said that “at no time, past or present, have millions” of dollars, security researchers said. — AFP for carmakers is that electric vehicles are far less com- er equipment, a hardware-based entry that we ever found any issues relating to mod- plicated to build and service, requiring just a small frac- would be more effective and harder to ified hardware or malicious chips in tion of the thousands of workers currently employed detect than a software hack. Supermicro motherboards in any Supermicro could not immediately be the firm denied any knowledge of the across the industry. — AFP Citing unnamed US officials, Bloomberg Elemental or Amazon systems.” reached for comment, but Bloomberg said espionage or investigation. — AFP 16 Monday, October 8, 2018
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