BUSINESSBU | 01 SPORT | 12 CorCorruptionru is most Al Duhail and Al comcommon form of Ain share points occupational in four-goal fraud in Mena thriller Tuesday 9 April 2019 | 4 Sha'baan 1440 www.thepeninsula.qa Volume 24 | Number 7856 | 2 Riyals New Ooredoo tv Google, Android, Android TV, Chromecast and other related marks Your hero for family entertainment and logos are trademarks of Google LLC. Qatar files lawsuit Prime Minister meets IPU President against currency manipulators QNA A lawsuit was filed Qatar but also to domestic and DOHA against Banque international investors. Their actions were deliber- The State of Qatar yesterday Havilland in London ately designed (and intended) to announced that it has filed legal for its role in force Qatar to take measures to proceedings in New York and designing a plan counter this financial market London taking actions against to attack Qatar's manipulation. The defendants financial institutions that in the New York legal action engaged in manipulation of the currency and its directed their manipulative Qatari Riyal, bonds issued by the financial markets. conduct at New York by among State of Qatar, and related It also named other things, submitting fraud- financial instruments, the Vladimir Bolelyy, ulent quotes to foreign exchange Government Communications platforms based in New York, to Office said in a statement an individual at the manipulate New York-based yesterday. bank as defendant. indices, and disrupt financial Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani met yesterday with the President of the Inter-Parliamentary Union (IPU), Gabriela Cuevas Barron, on the occasion A lawsuit was filed against Suits against First markets in New York, where sig- Banque Havilland in London for nificant Qatari assets are held of convening the 140th General Assembly of the Inter-Parliamentary Union in Doha. They reviewed its role in designing a plan to Abu Dhabi Bank and and many investors in Qatar are a number of issues of mutual concern, especially in terms of cooperation in the parliamentary and attack Qatar's currency and its Samba Bank filed in located. As a result of the legislative fields, and ways of developing and strengthening it. financial markets. It also names New York. Defendants manipulative as a defendant the individual at conduct, the State of Qatar, and Banque Havilland, Vladimir many investors suffered harm Bolelyy, who was responsible for the State of Qatar and took a in New York, the statement preparing the plan to attack number of actions designed to added. Trump brands Iran’s Revolutionary Qatar's financial markets. In damage Qatar, its economy, and The manipulation involved addition, a separate lawsuit was its residents. As a result, Qatar a number of financial institu- Guards a terrorist organisation filed in New York against two initiated a number of legal pro- tions, two of whom are already financial institutions that ceedings before the International named as defendants in the legal REUTERS Iran immediately con- political system, controlling large engaged in financial market Court of Justice, International action in New York, and the State WASHINGTON demned the decision as an illegal swathes of the economy and the manipulation, First Abu Dhabi Civil Aviation Organisation and may bring additional actions act prompted by Tehran’s armed forces. Bank and Samba Bank, the World Trade Organisation, the against other bad actors in due US President Donald Trump regional influence and “success The IRGC’s involvement in statement added. statement said. course. yesterday branded Iran’s elite in fighting against Islamic State,” Iran’s banking and shipping It said that the filing of the In July 2018, the Interna- This financial market manip- Islamic Revolutionary Guard according to state television. industries could complicate lawsuits follows an investigation tional Court of Justice issued a ulation violated all norms of Corps a terrorist organisation, Tensions between the two matters with US allies, including into market manipulation ruling indicating provisional accepted conduct and will not an unprecedented step that countries have grown since the European Union, which is announced by Qatar in measures in favour of Qataris be allowed to go unchecked. raises the spectre of retaliation Trump pulled the United States setting up a new mechanism to December 2017, and represent who been discriminated by UAE While the financial market from Tehran in an increasingly out of a 2015 nuclear deal with facilitate payments for Iranian the first legal actions that the cohesive measures, it noted. manipulation failed in its efforts tense Middle East. Tehran last May and reimposed exports. State has brought based on the The statement said that the to undermine confidence in the It is the first time the United sanctions that had crippled Iran’s It was not immediately clear findings of that investigation. actions undertaken by the Qatari Riyal and Qatar, it none- States has formally labelled economy. Trump said the accord how yesterday’s move would The investigation is continuing entities that Qatar has now sued theless caused economic losses another country’s military a ter- did not address Iran’s ballistic impact Europe’s trade ties with and the State may bring actions were illegal and were designed and Qatar is compelled to take rorist group. missile activity or what he saw Iran. against other bad actors in due to destabilise Qatar's currency the actions necessary to call to “The IRGC is the Iranian gov- as its malign influence in the Those who do business with course. and financial markets in order account the financial institutions ernment’s primary means of region. the Guards could now receive up In June 2017, UAE, Saudi to undermine confidence in that engaged in illegal market directing and implementing its The IRGC is Iran’s most pow- to 20 years in prison and be barred Arabia, Bahrain and Egypt Qatar's economy and, by doing manipulation, the statement global terrorist campaign,” erful security organisation and from entering or doing business in imposed an illegal blockade on so, to cause damage not just to underlined. Trump said in a statement. has a huge influence in its the United States. `P10 Parliamentarians stress need to curb fake news Doha to host 8th Global SIDI MOHAMED THE PENINSULA Warming Conference QNA The parliamentarians from DOHA Six international around the world have stressed journals have been the need of legislation to monitor Doha will host the 8th Conference on contracted to publish social media to limit the dissem- Global Warming, organised by Qatar ination of lies and fabricated University with the support of the high-quality scientific news through these platforms. Qatar National Research Fund, which papers, which will During a debate by the will be held from April 22 to 25. be presented to the Standing Committee on The conference, which is conference, on a large Democracy and Human Rights attended by more than 170 on the sidelines of the 140th researchers and lecturers from the scale in special editions. Assembly of the Inter-Parlia- world’s leading universities, aims mentary Union (IPU), they to develop a better understanding unanimously agreed on the of global warming by promoting need to deal with fake news research and related studies in through effective legislation partnership with many interested the conference at the College of while protecting the freedom academic and industrial sectors to Engineering at Qatar University of press and expression. shape the future of this field and have confirmed that six interna- They also suggested the develop related research. tional journals have been con- establishment of an international A panel discussion by the Standing Committee on Democracy and Human Rights on the third The conference will include tracted to publish high-quality sci- body to address the new chal- day of the 140th Assembly of the Inter-Parliamentary Union, yesterday. PIC: SALIM MATRAMKOT/ plenary sessions and keynote lec- entific papers, which will be pre- lenge as individual countries THE PENINSULA tures on energy, environment, sented to the conference, on a large could not provide solutions to materials, sustainable development scale in special editions. counter the phenomenon of fake figures in a way that is not use of media for citizen previous years, aiming to and industrial waste, as well as the Conference Chair Rahul news and other cyber crimes. easily verifiable. engagement approved in 2013 reduce the risks of uncontrolled development of the gas, oil and Bhosale said that this event has They noted that it is difficult The session also discussed and freedom of expression and flow of information on social petrochemical industry, providing been successfully organized since to distinguish between the previous IPU resolutions from the right to receive information media sites. greater opportunities for exchange 2008 in different parts of the world correct and fabricated news recent years which included approved in 2009. The majority of speakers in of technical information, presen- adding that the organizing com- because of the software and democracy in the digital era They also discussed the the meeting supported the need tation of new policies and scien- mittee started working on a large modern technologies that and the threats it causes to actions taken by their to take the necessary measures tific progress to promote sus- scale to promote success, especially publish news and videos and privacy