SAFAR 1,1440 AH WEDNESDAY, OCTOBER 10, 2018
Max 43º 28 Pages Min 24º 150 Fils Established 1961
ISSUE NO: 17653 The First Daily in the Arabian Gulf www.kuwaittimes.net
22 girls suffer from AC gas Fitch affirms Gulf Bank rating Pakistan’s Mithi: An oasis Nurmagomedov returns to hero’s 5 inhalation at Ahmadi school 11 at ‘A+’ with ‘stable’ outlook 20 of Muslim-Hindu tolerance 25 welcome, blasts ‘dimwit’ McGregor
Plans to only allow expats with ‘good’ GPA to work in Kuwait MoI: Medical checkups must for returning maids • MP: Pay Kuwaiti housewives KD 300
By Meshaal Al-Enezi and B Izzak Meanwhile, the interior ministry yesterday called on ment is in line with the constitution and will be sent to housewives who do not work with a monthly assistance sponsors of maids from 41 Asian and African countries the Assembly for a second approval. The law was over- of KD 300. He said the assistance should be treated KUWAIT: The manpower authority is planning to ban to make them undergo fresh medical tests any time they whelmingly passed by the Assembly in May despite like the assistance paid to Kuwaitis who work in the issuing permits to expats with university degrees enter- return from a visit to their home countries. The ministry government reservations, but the government rejected private sector. This is not the first time that a Kuwaiti ing Kuwait to work in the private sector unless they said the regulations are based on new orders by the it and sent it back to the Assembly. MP has made such a proposal. All previous suggestions have a minimum of ‘good’ GPA, according to informed health ministry and urged all sponsors to take their The Assembly can override the government rejection never materialized. government sources. The government is currently taking maids for fresh medical tests after they return from by passing the law again but with a two-thirds majority, Opposition MP Riyadh Al-Adasani said yesterday several steps towards resolving Kuwait’s demographic vacations to their home countries. The new regulations which was not available in the previous term. However, the Assembly has committed a legal violation while imbalance and restructuring the local labor market, apply to domestic helpers from India, Bangladesh, under the Kuwait constitution, the Assembly can pass approving a KD 6.2 billion supplementary bill for including plans to endorse and accredit expats’ degrees Philippines, Sri Lanka, Ethiopia and other nations. the same law with a simple majority if voting takes defense purchases. He said the Assembly approved as a precondition to renewing their residency visas. According to the latest statistics, around 650,000 place in the next term. During the committee meetings KD 3.2 billion to be included in the budget over the The sources said this step will help adjust demo- domestic helpers, who mainly hail from the Indian to discuss the rejected law, Finance Minister Nayef Al- next 10 years, while the remaining KD 3 billion will be graphic problems and make sure that only highly spe- Subcontinent, the Philippines and several African Hajraf told the panel that the law, which allows Kuwaiti withdrawn from the state reserves, also over the next cialized and skilled people work in Kuwait. The sources nations, work in Kuwait. male and female employees to seek early retirement, 10 years. Adasani said the two amounts should have said organizational decisions will be issued in the com- Separately, the National Assembly’s financial and breached the constitution. been included in the budget for 10 years and no ing months to fight visa trafficking and prevent unquali- economic affairs committee insisted yesterday that the MP Majed Al-Mutairi yesterday submitted a pro- direct withdrawals should have been made from the fied labor from coming to Kuwait. early retirement law which was rejected by the govern- posal calling on the government to provide Kuwaiti state reserve fund.
ance of private airplanes and free basketball tickets a Haley resigns as day before she resigned. Citizens for Responsibility and Ethics in Washington had urged the State Department’s inspector general to probe seven flights that Haley and UN envoy; probe her husband took last year on the luxury aircraft of businessmen from South Carolina, where she was for- urged on her travel merly governor. Haley, on a filing required of government employees, WASHINGTON: Nikki Haley resigned yesterday as disclosed the flights from New York to South Carolina the US ambassador to the United Nations, in the latest and Washington and estimated the highest value at departure from President Donald Trump’s national $1,066, based on the cost of commercial first-class security team. Meeting Haley in the Oval Office, Trump tickets. But the pressure group said that the value was said that Haley had done a “fantastic job” and would more likely in the tens of thousands of dollars. It said in leave at the end of the year. “She told me probably six its letter that Haley’s disclosure form was “insufficient months ago,” Trump told reporters, that ‘“I want to take to resolve concerns about her frequent acceptance of a little time off.’” A successor will be named “in the next expensive gifts.” two or three weeks,” he said. Walter Shaub, who headed the Office of Government Haley was coy on her reasons for quitting, saying Ethics under president Barack Obama, tweeted about only that it was “important to understand when it’s the flights hours before Haley announced her resigna- time to stand aside” after a string of challenging jobs. tion: “She undervalued them and it’s not entirely clear if Responding to media speculation, she insisted that individuals or their companies bore the costs.” Haley she was not planning to run for president against also acknowledged receiving four tickets to a New Trump in 2020, when she might be seen as a more York Knicks game worth a total of $19,588 courtesy of moderate Republican alternative. “No I’m not run- Vivek Garipalli, a healthcare entrepreneur she ning,” she said emphatically. described in the disclosure form as a longtime friend. Later yesterday, it emerged an anti-corruption Citizens for Responsibility and Ethics in Washington WASHINGTON: US President Donald Trump shakes hands with Nikki Haley, US Ambassador to the United Nations, in group had urged an investigation into Haley’s accept- Continued on Page 24 the Oval office of the White House yesterday. — AFP
spokesman Hami Aksoy said in a statement. The search welcome Turkish officials to search the premises. Riyadh allows will take place as part of the official investigation, which Ankara sought permission Sunday to carry out a search was being conducted “in an intense manner”, he said after the foreign ministry summoned the Saudi ambas- without giving any date. sador for a second time, Turkish television reported. Turkey to search Khashoggi, a Washington Post contributor who Riyadh’s envoy in Ankara was first called to the ministry Alphabet to wrote for Arab and Western media, vanished last on Wednesday. Khashoggi, a former Saudi government Saudi consulate Tuesday after visiting the consulate to obtain official adviser, had been living in self-imposed exile in the shut Google+ documents. Turkish police were looking into two pri- United States since last year fearing possible arrest. He ANKARA: Saudi Arabia has agreed to let Turkish vate aircraft which landed at Istanbul’s Ataturk airport has been critical of some policies of the crown prince authorities search the kingdom’s Istanbul consulate last Tuesday at different times carrying 15 people of and Riyadh’s intervention in the war in Yemen. after user after prominent journalist and Riyadh critic Jamal interest in the case, as well as the possibility that While Riyadh claimed he had left the consulate after Khashoggi went missing last week, the Turkish foreign Khashoggi was kidnapped and taken aboard one of the his visit, Turkish police said Khashoggi did not emerge data exposed ministry said yesterday. “Saudi authorities said they planes, local media reported. from the building. Government sources said police were open to cooperation and that a search can be Previously Saudi Crown Prince Mohammed bin believe the journalist was killed inside the consulate. SAN FRANCISCO: Alphabet Inc’s Google will conducted at the consulate building,” the ministry Salman told Bloomberg that Riyadh would be ready to Continued on Page 24 shut down the consumer version of its failed social network Google+ and tighten its data sharing poli- cies after announcing on Monday that private pro- file data of at least 500,000 users may have been exposed to hundreds of external developers. The Better late than Legendary poet issue was discovered and patched in March as part of a review of how Google shares data with other Antara rises as applications, Google said in a blog post. No devel- never for expat oper exploited the vulnerability or misused data, the review found. Pak cricketer comic superhero Shares of its parent company Alphabet closed down 1 percent at $1155.92 following the latest in a SHARJAH: In a red cape, dark hair blowing in the run of privacy issues to hit big US tech companies. from Kuwait wind, he crosses the dunes under a blazing sun: Antara, Google has also faced increasing tensions over a the famed 6th century Arab poet born a slave, is now a reported search engine which would be acceptable DUBAI: Ten years ago Bilal superhero. A pre-Islamic poet, Antara is celebrated in Asif had almost quit cricket to Chinese censors, and over its work for the US the collective memory of Arabs as well as in pop culture military. Yesterday, Google confirmed it is dropping by joining his father in - a child born to a tribal leader and his Abyssinian slave Kuwait to work as an elec- out of the bidding for a huge Pentagon cloud who rose as a warrior-poet to free himself and demand Continued on Page 24 trician, but a change of heart his father recognize him as his son, and a free man. brought about by ex- Now, he stars in his own comic strip, reimagined as a Pakistan captain Shoaib shield-wielding, cape-wearing superhero by Egyptian Malik has paid dividends. writer Mumen Hilmi and renowned Indian illustrator SHARJAH: Comic artist Mumen Hilmi poses in his office with Yesterday, Asif became the Ashraf Ghuri. The story of Antara breaks across the his illustrated comic book “Antara” in this Gulf emirate on latest spinning bete noire for class and race lines that frequently dominate society, September 18, 2018. — AFP Australia, snatching 6-36 in the “perfect example of what it means to be a super- the first Test in Dubai to Bilal Asif hero,” writer Hilmi says. “Arabs like the exaggerated weaves a tale of bravery, slavery, freedom, loyalty and trigger a spectacular col- personality traits of heroes, and we thought why not love - and co-stars his beloved Abla, daughter of a trib- lapse for the Baggy Greens, transform Antara into a superhero like those you see in al sheikh and object of Antara’s undying affection. who lost 10 wickets for 60 runs as they slumped the US, Europe, Japan.” Antara casts off the shackles of his early life to rise from a soild 142-0 to 202 all out. That gave Asif third “Antara” is the first comic strip to be published by as a warrior and claim his rightful place as the son of NEW YORK: Rick Osterloh, Google’s senior vice president best innings figures on Test debut for a Pakistani Kalimat, a publishing house based in the UAE emirate Shaddad, leader of the Banu Abs tribe. But the facts of of hardware, stands in front of images of the Pixel Slate bowler behind Mohammad Asif (7-64) and of Sharjah which specializes in Arabic translations of Antara’s life remain unclear: One tale holds that Antara and other new products including the Pixel 3 phone and Mohammad Nazir (7-99). Japanese manga and US cartoonist Nick Seluk’s series, ibn Shaddad Al-Absi was born to an Ethiopian Home Hub at a press conference yesterday. — AFP Continued on Page 24 “The Awkward Yeti” and “Heart and Brain”. The story Continued on Page 24 2 Established 1961 Local Wednesday, October 10, 2018 Amir receives newly-appointed diplomats
KUWAIT: His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al- His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al- Sabah received His Highness Sheikh Nasser Al-Mohammad Al-Ahmad received Acting Prime Minister and Foreign Minister Sheikh Sabah Sabah received His Highness Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah. —KUNA photos Khaled Al-Hamad Al-Sabah. Al-Sabah.
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received the credentials His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received the cre- Kuwait’s newly-appointed consul of Canada’s Ambassador to Kuwait Louis Pierre Emond. dentials of Bosnia and Herzegovina’s Ambassador Sanjin Halimovic. general in New York Hamad Al-Hazeem.
KUWAIT: His Highness the Amir Sheikh Sabah Al- and Foreign Minister Sheikh Sabah Khaled Al-Hamad urged them to attend to the safety and well-being of Highness the Crown Prince Sheikh Nawaf Al-Ahmad Ahmad Al-Jaber Al-Sabah received His Highness Sheikh Al-Sabah who was escorting the newly-appointed Kuwaitis abroad, strengthen Kuwait’s bilateral ties with Al-Jaber Al-Sabah and His Highness the Prime Nasser Al-Mohammad Al-Ahmad Al-Sabah at Bayan Kuwaiti diplomats. The envoys are as follows: those countries and to represent the great nation of Minister Sheikh Jaber Al-Mubarak Al-Hamad Al- Palace yesterday. HH separately received the Acting Ambassador Hassan Zaman (Japan); Ambassador Ebdah Kuwait in the best way possible. On their part, the new- Sabah sent similar cables. Prime Minister and Foreign Minister Sheikh Sabah Al-Dousari (consul general in Basra, Iraq); Salah Al-Seif ly-appointed diplomats expressed their gratitude to His In related news, HH the Crown Prince Sheikh Nawaf Khaled Al-Hamad Al-Sabah. HH also received the cre- (consul general in Hong Kong and Macau, China); Highness’s guidance and wise instructions. Al-Ahmad Al-Jaber Al-Sabah received His Highness dentials of Canada’s Ambassador to Kuwait Louis Pierre Mohammad Al-Mutairi (Ambassador to Mongolia); HH the Amir had also sent a cable of congratula- Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, Emond, Russia’s Ambassador Nikolai Makarov, Bosnia Abdullah Al-Yehaya (Ambassador to Argentina); Khalifa tions to President of the Republic of Uganda Yoweri Acting Prime Minister and Foreign Minister Sheikh and Herzegovina’s Ambassador Sanjin Halimovic and Al-Kharafi (consul general in Guangzhou, China) and Kaguta Museveni on the occasion of his country’s Sabah Khaled Al-Hamad Al-Sabah who was escorting Croatia’s Ambassador Amir Muharemi. Hamad Al-Hazeem (consul general in New York, USA). National Day. HH expressed his best wishes and pros- the newly-appointed Kuwaiti diplomats yesterday at HH the Amir also received the Acting Prime Minister HH wished them all success in their new posts and perity to the leader and to the people of Uganda. His Bayan Palace. —KUNA
been asked by some foreign visitors about his reason- Kuwait’s policy for peace ing for backing Iraq, a country that had invaded Kuwait. HH had answered that Kuwait believes that helping its Kuwait’s UN rep the basis of its political neighbors attains prosperity and creates a regional atmosphere of stability, security and peace which takes part in doctrine: Al-Ghanem serves the interests of all (in the Gulf). This is the politi- cal doctrine we advocate in Kuwait. UNSC’s DRC trip ANKARA: Kuwait National Assembly Speaker Regarding Turkey’s financial crisis, speaker of the Marzouq Ali Al-Ghanem yesterday affirmed that the Kuwaiti parliament said plots designed to cause “finan- stance by Kuwait, namely His Highness the Amir cial collapse” in Turkey are doomed to fail. “Turkey is Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, for help- not a banana republic; it is rather a state of vast history ing neighboring countries and establishing regional and rich traditions. It is home to a number of creative security and peace constitutes the basis of the people that aspire to live like any other people,” he Kuwaiti political doctrine. said, expressing confidence that the Turkish people and The parliament speaker Al-Ghanem, addressing the its leadership would succeed in overcoming any eco- third meeting of Eurasia countries, held in southern nomic challenges. Turkish city of Antalya, expressed utter rejection of “all Al-Ghanem affirmed Kuwait’s open policy with the forms of economic wars and starvation policies.” other Asian nations, saying in part, “We are meeting Warning that deprivation leads to upheavals, the here today because unemployment, inflation and over- National Assembly Speaker expressed opposition to population are negatively affecting both Asia and policies by powers aimed at starving sections of the Europe.” Listing other reasons for the inter-continental gathering - Al-Ghanem mentioned commercial issues, populace, saying in an indicative tone, “Who wants to ANTALYA: Kuwait National Assembly Speaker NEW YORK: Kuwait’s Representative to the United live near the deprived, it is like a volcano that may erupt environmental problems specifically “green house” Nations Ambassador Mansour Al-Otaibi partici- emissions, labor drain in rural regions, educational Marzouq Ali Al-Ghanem addressing the third at any moment.” meeting of Eurasia countries. —KUNA pating in the UN Security Council delegation to the Speaker Al-Ghanem indicated that HH the Amir had affairs, diseases and emerging epidemics. —KUNA Democratic Republic of Congo (DRC). —KUNA
NEW YORK: Kuwait’s Representative to the United Nations Ambassador Mansour Al-Otaibi was part of a UNRWA: Gulf countries UN Security Council delegation to the Democratic Republic of Congo (DRC) set up to oversee the helped in overcoming December presidential parliamentary elections. In a press statement, the Kuwaiti permanent mission to the financial shortfalls UN said yesterday that the visit, which took place on October 5 and lasted for five days, came to ensure a peaceful transfer of power, address political challenges BRUSSELS: The Commissioner-General for the and attain stability throughout the country. United Nations Relief and Works Agency for Ambassador Al-Otaibi participated in numerous Palestine Refugees in the Near East (UNRWA) political meetings with several key leaders, including Pierre Krahenbuhl, heaped praise yesterday on Gulf DRC’s President Joseph Kabila, Prime Minister Bruno countries for their contribution to help the UN Tshibala and Minister of Interior and Security Henri agency to overcome its financial difficulties follow- Mova Sakanyi. Al-Otaibi contributed in the meetings of ing the US cut of financial allocations to UNRWA. Security Council with the Independent National “In addition to the EU and its member states, Gulf Electoral Commission, many female candidates and countries played a very crucial role in the current other international officials. Kuwait heads the Security positive dynamic. The four major Gulf countries - Council Committee pursuant to resolution 1533 (2004) Qatar, Saudi Arabia, the UAE and Kuwait have con- concerning the DRC and is overseeing the sanctions tributed USD 50 million each. We have also received measures imposed by the Security Council. —KUNA pledges of USD 200 million from Gulf countries for our core activities. This is unprecedented and out- standing,” he told a news conference yesterday. Referring specifically to Kuwait, he said the Kuwaiti Deputy (currently Acting) Prime Minister Kuwait’s Civil Aviation and Foreign Minister Sheikh Sabah Khaled Al- Hamad Al-Sabah who was present at the special launches 42 flights meeting on UNRWA on the sidelines of the UN General in New York ten days ago, announced an BRUSSELS: UNRWA Commissioner-General Pierre Krahenbuhl speaking at the press conference. —KUNA at new terminal additional USD 42 million which added to the USD 8 million that Kuwait has already contributed. KUWAIT: Kuwait’s Directorate General of Civil “This is very important support that comes from “Dignity is Priceless” and since January it has Palestinian boys and girls go to schools in Jordan. Aviation announced on Monday that all flights to and the Gulf. We have never had those levels for our brought the shortfall down from USD 446 million to “We will now look into how we can stabilize these from Arab countries will start operating from the new core funding. This is remarkable,” stressed the USD 66 million. achievements in financial terms because 2019 will terminal (T4) today. The Director of Operations at UNRWA chief. Krahenbuhl, however, said that UNR- He stressed on the role of the European Union also be a big challenge for us,” he added. DGCA Engineer Saleh Al-Fadaghi said in a press WA continues to have an unprecedented difficult saying it has had a historically strong partnership He warned that the absence of political horizons statement that Kuwait Airways will operate up to new since 1971 with the UNRWA. The EU contributes 42 to resolve the Palestine question deeply affects the year in financial terms noting that the US in January 42 trips a day from T4. For its part, Kuwait Airways percent or 664 million euro (USD 760 million) to Palestinian community present throughout the decided to cut its contributions from USD 364 mil- said as of next Wednesday all flights departing to and lion in 2017 to only USD 60 million. UNRWA’s total budget. He said a major achieve- Middle East. UNRWA was established by the UN ment of UNRWA this year was that it was able to General Assembly Resolution 302 on 8 December arriving from Cairo, Alexandria, Sharm El-Sheikh, Beirut, Amman and Najaf will be operated in T4, not- Unprecedented shortfall open the school year for 526,000 boys and girls in 1949 to carry out direct relief and works programs ing that all passengers departing on these flights must The US confirmed in August that there will be the West Bank, Gaza, East Jerusalem and Jordan in for Palestine refugees. In the absence of a solution not be any further US funding for UNRWA, he said. “this very delicate environment on time.” “There to the Palestine refugee problem, the General head directly to the new terminal. The daily flights to “We deeply regret this decision because it was a was a strong concern among the host governments Assembly has repeatedly renewed UNRWA’s man- and from the Gulf States will continue from the new political decision and not based on UNRWA’s per- and authorities that the delay in the UNRWA school date - most recently extending it until 30 June 2020. terminal. Kuwait Airways was established in 1953 as a formance or any other humanitarian reason”. He year would create further instability in the Middle When the Agency began operations in 1950, it was private company under the name of Kuwait National said UNRWA was facing an unprecedented short- East,” he said. responding to the needs of about 750,000 Palestine Airlines Limited. The Government of Kuwait acquired fall of USD 446 million since the beginning of the The Jordanian King have been standing with us refugees. Today, some 5 million Palestine refugees 100 percent of its ownership in 1962 and it has 40 year. The UN agency launched a campaign called every step of the way, he said noting that 126,000 are eligible for UNRWA services. —KUNA destinations around the world. —KUNA Established 1961 3 Local Wednesday, October 10, 2018 Zain strategic partner of seventh Youth Empowerment Symposium Under the patronage of HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah
KUWAIT: Zain, the leading telecommunications com- and pioneers in the fields of business, information pany in Kuwait, announced its strategic partnership of technology, economics, and social media from all the Youth Empowerment Symposium for the seventh around the world to share their personal and profes- consecutive year. The event, which comes under the sional experiences with the Kuwaiti youth who anx- patronage of His Highness the Amir Sheikh Sabah Al- iously look forward to learning from them every year”. Ahmad Al-Jaber Al-Sabah, will be held this year at Al Khashti concluded: “There is no doubt that Zain’s Four Seasons Hotel. Zain’s strategic partnership of the support of this national initiative stands as an indica- Youth Empowerment Symposium since its inception tion of the company’s strong belief in the youth and the seven years ago comes in line with the company’s long importance of their development across all fields of term strategy of providing the necessary support to activity”. national initiatives aimed at uplifting the capabilities The Youth Empowerment Symposium, to be held 5- and skills of Kuwaiti youth. 6 November, provides local youth with an ideal oppor- Waleed Al Khashti, Zain Kuwait’s Chief Corporate tunity to gain valuable insights from a number of inter- Communications and Relations Officer, said during the nationally and locally renowned industry pioneers, press conference: “Today, Zain is proud to announce academics, and experts. This year’s speakers include its strategic partnership of the Youth Empowerment Mitch Lowe, CEO of Movie Pass, former co-founding Symposium for the seventh consecutive year. Zain has executive of Netflix and former President of Redbox, always been a main supporter of this national and aca- Jason Wheeler former Vice President of Finance at demic initiative since its inception, and this is our Google and former Chief Financial Officer of Tesla responsibility towards this vibrant segment of the Motors. community”. Zain’s presence in this national event showcases the Al Khashti added: “The Youth Empowerment company’s dedication to empowering the entrepre- Symposium is considered one of the biggest academic neurial skills of youth in Kuwait. The symposium deliv- programs that cater to the youth in Kuwait and even ers outstanding knowledge to talented young people the GCC region. Every year, the symposium excels at to be able to progress in their fields of interest as well Waleed Al Khashti during the press conference inviting local and international experts, professionals, as to spark the light of enthusiasm within them.
A statement issued by Leaders Group stressed that sion Kuwait is currently Mabrook Co to join Mabrook Hotel Supplies Co (Mabrook)’s Diamond witnessing”, Farhat General: Egypt’s Sponsorship has become a fixed element in achieving expressed his apprecia- Horeca’s success, especially in view of the previous tion for leaders Group Horeca Kuwait 2019 works it had done in preparing major projects both in efforts to develop the hos- Oct war victory Kuwait and other GCC states. It has based this trust on pitality sector in view of as diamond sponsor a 60 year long career in the business during which it the increase in restaurants for Arabs became the agent of many international commercial in Kuwait. “Estimates brands. show that there is a 15 per KUWAIT: Preparations for the Horeca Kuwait 2019 On his part, Mabrook’s board chairman Ali Farhat cent growth in the busi- Ali Farhat KUWAIT: Head of the exhibition are steadily progressing and attracting com- said that taking part in previous Horeca versions ness and that annual Kuwaiti National Military panies to take part in it. The event is providing a gold- proved the significance of effective participation in spending has grown to KD 700 million”, Farhat Services Authority Major en opportunity to scientifically exchange expertise that Horeca Kuwait as a unique specialized phenomenal explained noting that Horeca Kuwait has actually General Mohammad Al- would match the local market needs and future expan- gathering of all hospitality manufacturers including become an annual forum for those interested in hospi- Khudher on Monday sion plans. The exhibition is due to be organized by hotels and restaurants. tality be that through displaying the latest equipment, called the victory of Leaders Group in collaboration with Hospitality “Horeca Kuwait has major economic impact in view agencies, technologies and related services or bringing Egypt’s October Sixth Services Co at Mishref International Fair Ground in of the constant development in hospitality, building manufacturers, suppliers, experts, officials and clients against Israel as a triumph the period of January 14-16, 2019. new hotels and restaurants to cover the urban expan- closer together under one roof. for the Arab nations. This Major General came in a statement by Al- Mohammad Al-Khudher Khudher during a recep- tion marking the Egyptian Armed Forces’ participation Kuwait central bank with the Kuwaiti Forces in that battle. Al-Khudher added that the blood of the Kuwaitis and Egyptians blended together during the war, as Kuwait offered workshop tackles martyrs in defense of the Arab world and the lands of Egypt. The Arab support was not only in the October Sixth War but also during the War of Attrition, said the liquidity management Egyptian Ambassador to Kuwait Tareq Al-Qouni. Al- Qouni added that the Kuwaiti Forces were amongst the KUWAIT: Kuwait’s central first Arab nations to send ground troops, financial sup- bank is collaborating with port, and oil supplies in the war that remains one of the the International Islamic most important military campaigns of this era. — KUNA financial market for a workshop scheduled today over liquidity man- agement and sukuk which is the Islamic equivalent to Kuwait provides a bond. The endeavor is an effort on the part of the proper housing units central bank to ensure Dr Mohammad Al-Hashel financial stability in the country, its governor Dr Mohammad Al-Hashel said in for citizens: Official a statement yesterday. He said that the workshop revolves around the concept of liquidity management, which deals with the appropriate administration of an CAIRO: Kuwait is exert- entity’s cash and other assets to be able to meet its ing efforts to provide current liabilities. Another topic to be addressed is the proper housing units for latest developments in the global sukuk market, an citizens, an official said The honoring ceremony of the graduation Monday on the fringes of industry that has grown significantly in recent years, in an Arab League commit- addition to the challenges facing the Islamic capital tee meeting on housing in market. Al-Hashel went on to say that such workshops the joint Arab work. Cairo. Mohammad are productive activities that help push Kuwait’s cen- He also endorsed the Kuwaiti Deputy FM Snaideh, Deputy Director tral bank closer to its ultimate goal of achieving finan- efforts exerted by the General of Public cial stability. — KUNA Institute in developing Mohammad Snaideh patronizes API and boosting national and Authority for Housing Welfare (PAHW) for plan- Arab humanitarian capac- ning and design, said ity, as well as organizing course’s graduation Kuwait’s government has the training of the Foreign distributed 28,500 houses Ministry and other gov- Kuwait takes leaps in West Abdullah Al- KUWAIT: Deputy Foreign Minister Khaled Al- ernmental bodies’ Khaled Al-Jarallah Mubarak Area. He was employees. He hailed the Jarallah yesterday patronized the graduation of par- speaking to KUNA on in social services: Foreign Ministry’s keenness on developing and refin- ticipants in “Preparing and analyzing economic sidelines of a meeting of ing the diplomatic skills of the Ministry workers, and reports’” training course in which a total of 22 the technical committee of enrolling them in specialized training courses in the Minister Al-Sabeeh employees from the Foreign Ministry and along with the Arab Housing Hind Al-Sabeeh another group of citizens from similar governmental field. API General Director Dr Bader Mallah accom- Ministers’ Council. institutions took part. In a speech Al-Jarallah gave at panied Al-Jarallah in an exploratory tour to be Snaideh said more than 80,000 housing units CAIRO: Kuwait has taken strides on the path the honoring ceremony of the graduation, he praised briefed on the nature of the work in various sections would be offered in South Saad Al-Abdullah and Al- toward various social services’ sectors, affirmed the role of Arab Planning Institute (API) which organ- of the institute. The ceremony was attended by senior Khairan Areas. Meanwhile, the committee members the country’s visiting Minister of Social Affairs ized this training course and successfully enhanced officials at the Foreign Ministry. — KUNA would be discussing diverse means of helping Arab and Labor Hind Al-Sabeeh yesterday. Al-Sabeeh, countries facing armed conflicts and natural disasters. who also serves as Minister of State for Economic The committee members will also discuss following up mation on sea transporta- Affairs, made the remarks to KUNA on sidelines the implementation of resolutions of Arab Economic tion. The meeting is a of the 72nd session of the executive committee of KPA affirms boost Summits over housing. the Council of Arab Social Affairs Ministers. preparation for the 22nd Kuwait has established a chain of care houses meeting of ministers and Disability a ‘major’ social issue agents in the GCC trans- for the elderly and the orphans and has made to GCC maritime port and communication In related news, Minister of Social Affairs and headways in action against domestic violence, ministries, due in Kuwait in Labor Hind Al-Sabeeh yesterday said Kuwait per- namely targeting women and children, she said. transportation ties November. ceives the problem of disability as a “major” social And at the legislative level, Kuwait has enacted In other news, Minister issue. Al-Sabeeh, who also serves as Minister of State laws for protecting human and children rights. The of Oil, Electricity and for Economic Affairs, made the remarks in a speech ministry itself runs centers for social development, KUWAIT: Kuwait Port Authority (KPA) yesterday she gave during the 72nd session of the executive stressed on the necessity of cooperation and exchange Water Bakheet Al-Rashidi caring for youth, acting against narcotics and committee of the Council of Arab Social Affairs of information among GCC countries in the field of mar- has inked a contract, domestic violence. As to the just-concluded meet- worth KD 9 million (USD Ministers. itime transportation to boost their individual economies. Sheikh Yousef Abdullah ing, the minister said the conferees drafted recom- 29 million), for importing She said that the talks revolve around the council’s On sidelines of the 26th meeting of the Gulf ports and Sabah Al-Nasser Al-Sabah mendations that would be submitted to the 38th maritime authorities’ officials, which was held yesterday original spare parts for the contributions towards Kuwait’s development plan for ministerial session — essentially focusing on and will continue today, KPA General Manager Sheikh Al-Zor power station. A the year 2030, ahead of a high-level Arab summit in human empowerment. Kuwait, during the meeting, Yousef Abdullah Sabah Al-Nasser Al-Sabah said that ministry statement Tunisia. The Kuwaiti minister went on to explain that has proposed holding “the orphans’ contest,” due there must be a representative of the Gulf States in the released yesterday said the purchased parts would be the social issue of disability is included in the session’s to be revised in the next meeting. Minister Al- International Maritime Organization (IMO). He adds that fitted to the burners and pumps for seawaters, shifted agenda, saying she was hopeful that the talks would Sabeeh indicated that there would be a call for a it is necessary to establish cooperation for drafting for desalination, and distillation units. The contract yield positive results. In addition to Al-Sabeeh, the consultative ministerial meeting in early December. ports’ regulations, issuing joint GCC licenses and hold- works are projected to last for 36 months as of the date Kuwaiti delegation to the meeting includes a number ing ports committees meetings for the exchange of infor- of inking the deal. —KUNA of officials. — KUNA 4 Local Wednesday, October 10, 2018
Photo of the Day
KUWAIT: Evening at Souq Al-Mubarakiya. — KUNA Burgan Bank concludes successful ‘Decision Making Skills’ workshop Providing employees with new business development skills
KUWAIT: Burgan Bank recently participated in the ences, Decision Mojo workshop outlined key organiza- ‘Decision Mojo’ workshop by leading knowledge transfer tional and personal decision-making challenges, anticipa- platform, Knowledge Club, as part of its long-term com- tory situations, and emerging decision-making models. mitment to employee development and strengthening of Any situation that is challenging and demands organiza- skills and methods to make the right decisions in their tional or personal decision-making skills offers vast learn- respective fields. Attended by bank’s staff from different ing experiences and insures them from future problems. departments in coordination with the Learning and Each employee through the workshop’s application of Development Center of the Human Resources eight disciples of decision acumen will now be adept at Department, the workshop shed light on the essential designing protective, highly proficient, proactive deci- components that enable consistency in making high-qual- sion-making strategies to apply effectively in the most fit- ity decisions to ensure seamless business operations. ting situations. Held from 7-8 October 2018, the two-day workshop, The ‘Decision Mojo’ workshop was conducted by one of the most important crucial workshops within the James Van Der Westhuizen, a trusted adviser to many comprehensive program of a wide variety of seminars and prominent companies and leading executives, who is also conferences, the workshop had received a notable turnout a managing member of Know House - a globally and appreciation by the bank’s staff. They were pleased to respected organizational development and change con- have benefited from various resourceful educational tools sultancy active in the Middle East, Africa and Asia. that have developed their practical skills and which will Burgan Bank has long been advocating the importance now be reflected on their work performance. Globally of employee development through the adoption of inter- renowned speakers, authors and trainers conduct the national best practices and unique training opportuni- workshops, as part of Burgan Bank’s one-year sponsor- ties. Striving to be a sought-after career destination, the ship agreement with the Founder of Knowledge Club - bank continues to invest in its staff by retaining, cultivat- Vigor Events. ing and developing leadership capabilities to achieve Recognized as one of the foremost learning experi- long-term sustainable growth.
Sabah on November 5-6. This is the fourth year ists will take place during the Tmkeen sympo- KIPCO sponsors that KIPCO supports the symposium. KIPCO sium before a live audience and the winner will and its Group companies support a number of be announced at the closing of the event. Scientific lectures held at 7th Youth Tmkeen activities throughout the year. This Speaking at the press conference announc- includes hosting the ‘Tmkeeners Program’, a ing the upcoming symposium, Ms Eman Al Dasman Diabetes Institute series of closed-door sessions where entrepre- Awadhi, KIPCO’s Group Communications Empowerment neurs can interact on a personal level with busi- Director said: “The diversification of Kuwait’s KUWAIT: The Research Division at the by Sir Alan Roy Fersht from the ness leaders. economy is the responsibility of both the public Dasman Diabetes Institute, which was University of Cambridge. The two pre- Symposium KIPCO and its Group companies also collab- and private sectors. At KIPCO, we believe in the founded by Kuwait Foundation for the sentations were well attended by the orate with Tmkeen on the KIPCO Tmkeen great opportunities that await the young and Advancement of Sciences (KFAS) Institute’s researchers, scientists, doc- Award for Young Entrepreneurs, in its fourth ambitious young people of Kuwait in the grow- recently hosted two guest speakers to tors, laboratory staff and others. KUWAIT: KIPCO - the Kuwait Projects edition this year. The award aims to shed light ing SME sector. As such, we are proud of our present lectures titled “Biology and Organizing these scientific activities Company - has announced that it will be a on the growing young business community, and partnership with Tmkeen, which allows us to Structure of Integrin” delivered by stem from the Institute’s mission to pro- Strategic Sponsor of the 7th Youth support them through US$ 100,000 in services shed light on the talents of our entrepreneurial Professor Amin Arnaout from Harvard mote awareness and share up-to-date Empowerment Symposium (Tmkeen). The event provided by KIPCO Group in addition to US$ community and to encourage our innovative University and the other lecture titled knowledge and findings related to dia- will be held under the auspices of His Highness 30,000 in cash prizes awarded to the top three young people to set up their own sustainable “Rescuing Mutants of TP53” delivered betes and its chronic conditions. the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al- winners. The ‘Startup Battle’ between the final- businesses.” Established 1961 5 Local Wednesday, October 10, 2018 22 girls suffer from AC gas inhalation at Ahmadi school School building, premises now clear of high level gas residues
By Hanan Al-Saadoun KUWAIT: Kuwait Fire Services Directorate (KFSD) N Gulf region said yesterday a gas leak from an air-conditioning set at an Al-Ahmadi girl school led to the suffocation of 22 students. After evacuating the premises, they were affected by treated by emergency medical services’ personnel. KFSD stated in a press release that the department had Indian monsoon received an emergency call about the accident. Precautionary evacuation of the school building was done after the arrival of the KFSD personnel. Mubarak Al-Kabeer fire department’s team did a final toxic gas By A Saleh scan. It was later determined that the school building and premises were clear of high level gas residues. KUWAIT: Astronomer Adel Al-Marzouq said Kuwait and the northern regions of the Gulf are currently Fahaheel fire affected by the Indian monsoon trough forming over Firemen fought a fire in a Fahaheel building. The fire the Indian Ocean, and this would lead to westerly was in an annex of two rooms and a kitchen. The house winds, which is forecast to lead to cloudy skies in the period of Oct 18-22 with light to moderate chances was evacuated and the fire was extinguished without of rain. Temperatures are expected to remain high injuries. (37-42 C) with humid winds.
Fingerprint system for teachers MoE acting undersecretary Yousif Al-Najjar Bedoon detained GCC affirms keenness announced the fatwa and legislation department approved the decision to impose the fingerprint sys- for having forged to protect nationals tem on teachers and that the project was according- ly referred to CTC and the Audit Bureau pending implementation. Najjar added the project’s budget is Bahraini passport from hazards KD 1 million, but stressed that he is unable to decide when the system will be applied in schools until for- mal proceedings are over. KUWAIT: A bedoon was referred to the forgery ROME: The GCC yesterday affirmed keenness to department for attempting to leave the country with a enhance its civil protection system to the highest inter- KNPC meeting forged Bahraini passport. He said he paid a citizen KD national levels via linking it with the most advanced Well-informed oil sources said the Kuwait 15,000 for the passport. When the forger was contact- systems in Italy and EU countries. Out of their keenness National Petroleum Company (KNPC) will hold a ed on the mobile number provided by the suspect, he to insure the safety of Gulf citizens and security of their preliminary meeting today with the companies quali- was found already arrested and in central prison for homelands, GCC leaders decided to establish the GCC ROME: Kuwait’s Ambassador in Rome Sheikh Ali Al- fied for the Debdebah solar power project. The other felonies. The bedoon had given the forged pass- Emergency Management Centre in December 2013, Khaled Al-Sabah with Retired Lt General Fahad Al- sources added that the project’s budget is KD 520 port to officers at the land border exit, but they did not Retired Lt General Fahad Al-Sharqawi, GCC EMC’s Sharqawi. — KUNA million and is expected to generate 1.5 gigawatts of find any entry data for the passport, so he was sent for President, stated to KUNA. electricity. Four to six companies out of 28 qualified investigations and confessed. The passport is forged. Al-Sharqawi made his remarks on the sidelines of companies and consortiums have so far purchased his official visit to Italy, alongside administrative and The Center aims to obtain an international recogni- the project’s conditions handbook. technical teams, to prepare for the link project tion as an international hub and resource for managing ‘Silent killer drug’ regional disasters, he said, it is, thus, cooperating with a Criminal detectives discovered yet another drug between the GCC systems and the European systems, slated for early 2019. The GCC EMC was formed in number of international organizations such as the EU, called “kinja”, which is highly potent and can be International Atomic Energy Agency, and US Federal described as the “silent killer drug”. Two Bangladeshi light of the events that took place in the Middle East region at the time, including the activation of illegal Emergency Management Agency to build Gulf capaci- suspects are refusing to reveal the source of the drug ties through joint trainings, workshops, and projects. and where it is made after 295 gm of the drug was con- nuclear facilities, political instability, and the overall tension found in some neighboring countries that have The GCC EMC has determined three strategic goals fiscated. The drug and the two suspects along with KD from the GCC-EU link project; boosting the capability 100 in marked notes were sent to the drugs prosecu- posed a great danger to the safety of Gulf citizens and properties, he added. of managing regional hazards through enhancing and tion. A security source said detectives received tips The GCC EMC delegation visited the Civil exchanging information, backing regional events about a Bangladeshi trading in drugs and learned about Protection Department in Rome and the European Joint response through coordination and resources manage- the new drug, so an undercover agent made contacts Research Center in Milan as part of a program aimed to ment, bolstering regional integration through forming with the suspect and agreed to buy 5 gm of “kinja” for boost GCC-EU prospects, Al-Sharqawi noted. The vis- joint systems and unified standards for response opera- KD 100. its were an important step in line with the Center’s tions, Al-Sharqawi said. The suspect was arrested when the exchange was 2016-2020 strategy, which was made under the super- The GCC-EU link project falls within the core of the completed. The source handed the drug and the sus- vision of the GCC Secretariat General, he added. The Center’s strategic plans, he said, adding it would attain pect returned the marked notes. The suspect then led five-year strategic plan aims to propel the GCC EMC vital information exchange between GCC states. The detectives to the house of the second suspect, where to the fullest operational capacities through well- project also includes a simulator program to identify four plastic bags containing nearly 295 gm of kinja, trained Gulf cadres, Al-Sharqawi said, noting the the severity and effect of a situation, Al-Sharqawi not- shabu and Tramadol were found. Both confessed to Center’s headquarters in Kuwait is equipped with the ed, adding that such function would assist in determin- trading in drugs but remained silent when asked about latest state of the art technology and enhanced opera- ing necessary logistic supplies, and provide recommen- the source. —Al-Rai/Al-Anbaa tion rooms. dations on ways to handle the incident. —KUNA Evacuation drill at Farwaniya hospital
By Meshaal Al-Enezi
KUWAIT: MOH medical emergencies department recently held an evacuation drill at Farwaniya hospital, said MOH assistant under- secretary for supporting medical services affairs, Dr Fawwaz Al-Refa’e noting that the drill is part of a comprehensive plan to train various medical and admin- istrative staff members in government hospitals on dealing with various con- tingencies. The exercise was carried out at Farwaniya Hospital, involv- ing “faulty” wiring, causing smoke to fill the ward. Al- Refa’e added that the drill simulated the spread of smoke resulting from a short electrical circuit and that six patients were evac- uated in six ambulances to a backup hospital. In other news, Health Minister Sheikh Dr Basel Al-Sabah yesterday issued a directive urging all min- istry employees in various positions to disclose if any of them has another job outside the ministry or if he, his minor children, wife or those he provides for own part of any company or facility that has con- tracts signed with MoH, said informed sources, not- ing that employees were given a deadline to submit such disclosures. InternationalWEDNESDAY, OCTOBER 10, 2018 Interpol saga hurts China’s bid to lead global bodies Syria’s Idlib: From ‘bloodbath’ fears to buffer deal Page 7 Page 9
WASHINGTON: A teleprompter shows the speech being delivered by US President Trump during the swearing-in ceremony of Brett Kavanaugh as Associate Justice of the US Supreme Court at the White House. — AFP Kavanaugh swings US Supreme Court to the right Trump says America owes Kavanaugh an apology
WASHINGTON: The US Supreme Court is supposed to Tobias, a professor of law at the University of Richmond. servative,” said Schwinn. He said Kavanaugh left “a America owes apology be a sacred institution impervious to partisan politics but With the arrival of Kavanaugh the court comprises four lengthy paper trail” of judicial opinions and law Meanwhile, Trump said Monday he was apologizing the newly confirmed justice Brett Kavanaugh gives the liberals appointed by Democratic presidents and five con- review articles, among other writings, that is as copi- on behalf of the whole country to his new conservative court its staunchest conservative majority in decades. As servatives picked by Republicans. ous as anyone appointed to the court in recent memo- Supreme Court justice after one of the most con- he was sworn in Monday night at the White House, after an It is not the first time there is a Republican-picked ry. Kavanaugh, who worked in the administration of tentious confirmation processes in US history. At a ugly, contentious Senate confirmation process in which he majority, but until now some of these held swing votes- George W Bush, was also endorsed by two conserva- White House swearing-in ceremony, Trump stood next battled allegations of sexually assaulting women, tive think tanks, the Federalist Society and the to Justice Brett Kavanaugh and said he’d been “proven Kavanaugh, 53, vowed to serve the country-not one politi- Heritage Foundation. innocent” of the sexual assault allegations that threat- cal party or another. “The Supreme Court is an institution Justice sworn ened to derail him in a Senate confirmation process of law. It is not a partisan or political institution,” said No army, no money revealing the depth of the left-right split tearing Kavanaugh, who took up his seat on the nine-member after ugly President Donald Trump politicized the nomination through American politics. bench yesterday. process by promising his supporters to nominate someone “On behalf of our nation, I want to apologize to Brett But Steven Schwinn, a professor at the John Marshall confirmation who opposed abortion and backed gun rights, two highly and the entire Kavanaugh family for the terrible pain Law School in Chicago, insisted the court has always been divisive issues that the Supreme Court has to rule on regu- and suffering you have been forced to endure,” he said both a judicial institution and a political one. “This didn’t process larly. Trump already managed to get conservative Neil at the ceremony in the ornate White House East Room. start with Justice Kavanaugh’s nomination, and it won’t end Gorsuch onto the court in 2017 and might have other Trump showed he still considers the nomination row a here,” he said. Under the US constitution, it is the presi- opportunities ahead: liberal judges Ruth Bader Ginsburg political battle. Before the ceremony, he’d described dent who nominates people to the court but it is up to the and Stephen Breyer are 85 and 80, respectively. opposition Democrats as “evil” and the sexual assault Senate to confirm or reject them. Judges are named for life, In the meantime, the court will tend toward the right claims as a “hoax.” But after being sworn in, Kavanaugh so they can leave their mark for a long time after they first they voted right or left, depending on the issue at stake. both in its decisions and the issues it decides to address, struck a markedly more conciliatory tone. He told an join the court. Such was the case with justice Anthony Kennedy, whose said Tobias. It faces 8,000 cases a year and picks only a audience that included the entire Supreme Court and a Over time, it has wavered from right to left. In the early retirement paved the way for Kavanaugh to replace him. hundred or so. If its rulings are seen as biased the court Who’s Who of Republican movers and shakers that he 19th century it defended slavery. In the 1960s, it was key in Kennedy was right-leaning on voting rights issues but a could lose credibility. A Gallup poll released in early July had “no bitterness” and would never bring politics into ending racial segregation. But now “the court has not been progressive on same sex marriage and access to abortion. said only 53 percent of those questioned said they the top court. “The Supreme Court is a team of nine. And this conservative since back to the 30’s” when it opposed “I’m not sure anyone expects Justice Kavanaugh to play approved of the court’s rulings. There were sharp divisions I will always be a team player on the team of nine.... The the New Deal that President Franklin D Roosevelt pushed this same kind of role on the court. along party lines: 78 percent approval among Republicans Senate confirmation process was contentious and emo- to lift the country out of the Great Depression, said Carl Instead, most predict he will be more reliably con- but 38 percent with Democrats. tional. That process is over,” he said. — Agencies
Baby clothes as bait increasing since 2010 amid a decline in housebuilding Mexican serial The arrested suspects are being identified only as Juan and rising property prices. Britain does not publish num- Carlos “N” and his wife, Patricia “N,” in accordance with ‘Unforgivable’ bers on homeless people’s deaths, though the Office for murder couple Mexican law. He has “a mental disturbance consistent with National Statistics announced it is collecting experimen- psychosis and a personality disorder,” while she has been tal data for release later this year. “mentally disabled since birth, and also has acquired The government pledged this year to end rough more than 440 claim 20 killings induced delirium,” said Gomez. He cited a psychiatric sleeping in England by 2027, with a 100 million pound exam presented by prosecutors at the man’s initial court ($128 million) package including funding for housing, homeless died mental health treatment and staff training. “Every death MEXICO CITY: A couple detained in Mexico while trans- appearance Sunday. “But both can distinguish between of someone sleeping rough on our streets is one too porting human body parts in a baby carriage has admitted right and wrong,” Gomez added. The couple were living in UK in a year many and we take this matter extremely seriously,” a killing 20 people, twice the number originally suspected, with their three children, including a baby. housing ministry spokesman said in emailed comments. the chief investigator on the case said Monday. The man When authorities searched their two houses, they found LONDON: Research showing that 449 homeless people The BIJ, which worked with local journalists, coroners’ also admitted raping some of his women victims and sell- human remains in cement-filled buckets and wrapped in died in Britain last year, many while sleeping rough, reports, soup kitchens and families to gather the data, ing some of their body parts, said state prosecutor plastic bags inside a refrigerator, as well as articles of exposed a “horrifying” and “unforgivable” housing crisis, found the average age at death was 49 for men and 53 Alejandro Gomez of Mexico state. The man and woman clothing apparently belonging to some of their victims. The charities said yesterday. A former soldier, a quantum for women, with causes ranging from drug overdoses to were arrested Thursday in Ecatepec, a violence-hit suburb man told investigators that he and his wife lured their vic- physicist and a travelling musician were among the dead, starvation. northeast of Mexico City, on suspicion of killing 10 tims, many of whom were young mothers, with offers of aged between 18 and 94, who lost their lives on the More than half died on the streets, among cases women. The man gave detailed accounts of those 10 mur- discount clothing for their babies. “They were single moth- streets, in temporary housing and hospitals, according to where the location of death was known, the BIJ found, ders, and told investigators that he and his wife had killed ers... and they needed someone who could help them find the Bureau of Investigative Journalism (BIJ). “Rising levels warning that the true number of deaths was “likely to be 10 other people as well, according to Gomez. inexpensive baby clothes,” said Gomez. Investigators of homelessness are a national disgrace, but it is utterly much higher”. “This is a wake-up call to see homeless- Prosecutors are now trying to establish whether that is tracked down the couple by tracing cell phone calls the unforgivable that so many homeless people are dying ness as a national emergency,” said Jon Sparkes, head of true, or the boast of a “psychopath” and “serial killer,” he missing women had placed to them, he said. unnoticed and unaccounted for,” Polly Neate, chief execu- Crisis, which says rough sleepers are 17 times more likely said. “He described it in a completely natural way... I would The case has triggered shock in Mexico, even by the say he actually seemed happy to have done this,” Gomez tive of housing charity Shelter, said in emailed comments. to be victims of violence and nine times more likely to standards of a country plagued by a surge in violent crime. “This important investigation lays bare the true bru- commit suicide than the wider public. “To think of just said in an interview with Mexican radio network Formula. “He wants people to see his picture, to know his name... I Hundreds of people protested in Ecatepec on Sunday, car- tality of our housing crisis,” she told the Thomson one person dying due to the consequences of poverty rying candles and white flowers to demand action by the Reuters Foundation. Homelessness charity Crisis esti- and homelessness is appalling, but to learn of the sheer would obviously classify this person as a murderer, a serial authorities to deal with an explosion of violence against mates there are 236,000 people sleeping rough or in scale of those who’ve lost their lives in the past year is killer.” The couple also admitted to selling the two-month- women and girls. Seven women and girls are killed in temporary accommodation in Britain, with numbers nothing short of horrifying.” — Reuters old baby of one of their victims to another couple, who was also arrested, according to the newspaper El Universal. Mexico every day, according to UN Women. — AFP 7 International Wednesday, October 10, 2018 Qatari fuel enters Gaza amid fears of flare-up with Israel Power plant delivery bypasses Palestinian leader Abbas
GAZA: A truck brought fuel across Israel’s border into the for Gaza, of “seeking to make gains on two counts: by Gaza Strip yesterday in what sources said was a Qatari- encouraging a conflict in which Israel will clobber Hamas and UN-backed drive to ease conditions in the enclave and over which he will then be able to clobber Israel on and stem any escalation in Palestinian-Israeli violence. The the world stage”. Israel and Hamas have fought three wars shipment was a potential slap to the Western-backed since 2008. Months of Egyptian-mediated reconciliation administration of Palestinian President Mahmoud Abbas, which opposed the foreign relief plan. Gaza is controlled by Abbas’s rival, the Islamist Hamas group and the Palestinian president has been using economic pressure in Qatar seeks order to wrest back control. Under a blockade by Israel and Egypt designed to iso- to prevent late Hamas, Gaza has plunged into poverty. Over the last half year it has seen weekly, often violent Palestinian bor- escalation der protests and lethal counter-fire by the Israeli military. The truck that entered Gaza brought the first delivery out of violence of a $60 million fuel donation by Qatar meant to provide the power plant with enough fuel to operate for six months, local sources said. The cash-starved plant has been providing Gazans with only around four hours of talks between Hamas and Abbas have been held up by electricity daily. A spokesman for the Abbas-appointed power-sharing disputes. “Abbas believes that if he keeps Palestinian Prime Minister Rami Hamdallah, who is based the Gaza closure tight, it will make Hamas accept his in the Israeli-occupied West Bank, voiced disapproval of reconciliation plan, which would give the Abbas govern- the fuel delivery. ment full control - or the people in Gaza will launch a “Any international financial aid to the Gaza Strip revolution against Hamas,” said Palestinian political ana- should be through, or with the coordination of, the lyst Hani al-Masri. Palestinian government,” he said, in order “to preserve “This is making it easy for others to bypass the Palestinian unity” and to stop any plans to separate Gaza Palestinian Authority ... They are trying to give them from the West Bank. A Qatari official, speaking to (Gazans) a sedative, sometimes through Egypt, and this Reuters on Sunday, said Doha planned to help with time through Israel.” Palestinians launched the border Gaza’s power crisis “at the request of donor states in the protests on March 30 to demand an easing of the Gaza United Nations, to prevent an escalation of the existing blockade and the right of return to lands that Palestinian humanitarian disaster”. UN officials could not immediate- families fled or were driven from on Israel’s founding in ly be reached for comment. Israel’s energy minister, Yuval 1948. Israeli forces have killed at least 195 Palestinians Steinitz, told Reuters on Monday that Qatar “was trying since. Israel has lost a soldier to a Gaza sniper and tracts to help” prevent a Gaza flare-up. of forest and farmland to fires set in cross-border incendi- Steinitz accused Abbas, who has restricted PA funding ary attacks. — Reuters GAZA: Palestinians ride a donkey cart near the Gaza power plant in Nuseirat, in the central Gaza Strip yesterday. — AFP
when the attacker blew himself up inside Saleh 8 killed as suicide Mohammad Asikzai’s campaign office in the southern city Syria’s Idlib: From of Lashkar Gah, Helmand provincial governor spokesman Omar Zhwak said. Syria issues pardon ‘bloodbath’ fears bomber targets Asikzai was among the injured, Zhwak added. Provincial police spokesman Salam Afghan confirmed for army deserters to buffer deal Afghan candidate the attack. “We are investigating,” he said. There was no immediate claim of responsibility for the attack, but Helmand is a Taleban stronghold. It is not clear how and draft dodgers BEIRUT: A horseshoe-shaped zone around Syria’s oppo- KANDAHAR: A suicide bomber targeting an Afghan elec- many people were inside the room at the time of the sition stronghold of Idlib is expected to avert a massive tion candidate yesterday killed at least eight people, offi- blast, which comes a day after the Taleban warned can- DAMASCUS: Syria’s President Bashar Al-Assad issued government assault on the area, which would have put sev- cials said, days ahead of a parliamentary vote that militants didates to pull out of the “bogus” election scheduled for a general amnesty yesterday for army deserters and eral million people at risk. The U-shaped buffer, agreed by have vowed to disrupt. Another 10 people were wounded October 20. — AFP those who have avoided compulsory military service regime ally Russia and rebel-backer Turkey, will separate during the country’s seven-year civil war, state media opposition and government forces and is meant to be free said. Tens of thousands of Syrian soldiers have desert- of both heavy weapons and jihadists by October 15. ed since the start of the war in 2011, some of them join- ing rebel factions and others either hiding at home or ‘Bloodbath’ escaping abroad. A similar number is estimated to have In May, UN envoy Staffan de Mistura warned that a avoided completing compulsory military service. regime assault on Idlib would be “six times” more destruc- The fear of being sent to the front line has kept tive than the battle to recapture Eastern Ghouta, a rebel many male Syrian refugees from returning to their stronghold near Damascus. Ghouta was retaken by home country. Yesterday, Assad declared “a general President Bashar al-Assad’s forces in April after an offen- amnesty from any penalties for military deserters sive in which more than 1,700 civilians were killed, accord- inside and outside the country,” SANA said. Those ing to the Syrian Observatory for Human Rights. Assad, who had been charged with deserting but who were backed by Russian air strikes, then set his sights on Idlib, on the run inside the country would have to hand the largest piece of territory still held by Syria’s belea- themselves in within four months to Syrian authorities. guered rebels. Charged deserters who fled outside Syria would have For weeks, regime forces massed on the edges of the six months to present themselves to authorities, province, stepping up bombardment since early SANA said. September and dropping leaflets calling on residents to It did not specify whether defectors who then went surrender. That prompted a chorus of international warn- on to fight the Syrian army were included in the par- ings against an offensive. US President Donald Trump don. While it mentions being exempt from “penalties”, cautioned that “the world is watching,” as Turkish yesterday’s decree did not specify if defectors or draft President Recep Tayyip Erdogan said he feared a dodgers would ultimately be sent to serve. The decree includes “a general amnesty from any penalties for “bloodbath”. On September 10, the United Nations crimes under Law 30 for Military Service”, which warned that an assault could create the century’s “worst governs the country’s conscription. Before Syria’s humanitarian catastrophe”. A day later its Secretary conflict erupted in 2011, men aged 18 and older had to General Antonio Guterres urged that Idlib “must not be serve up to two years in the army, after which they transformed into a bloodbath”. became reserves available for call-up in times of crisis. In the past seven years, fatalities, injuries and defec- Russia-Turkey accord tions are estimated to have halved the once 300,000- On September 17, Erdogan and Russian President strong army. — AFP Vladimir Putin, meeting in Russia’s Black Sea resort of Sochi, agreed to create a 15-20 kilometer buffer zone ringing Idlib. According to the deal, the zone would sepa- rate rebel and regime zones under the supervision of the two sponsor countries. The buffer would include parts of Australia seeking Idlib province and the neighboring regions of Aleppo, Hama and Latakia. All factions in the planned demilitarized area must hand over their heavy weapons by October 10, to settle migrants and radical groups must withdraw by October 15, accord- outside major cities ing to the agreement. Rebel disharmony SYDNEY: Australia is drawing up plans to require On September 23, the National Liberation Front (NLF), migrants to temporarily settle in regional and rural areas to a powerful Turkish-backed rebel alliance in Idlib, cautious- ease congestion in major cities, the government announced ly welcomed the deal. But it later said it was opposed to yesterday. While much of the vast continent is sparsely populated, Australia is growing at an annual rate of 1.6 the deployment of Russian forces in the buffer, and said percent-one of the highest among OECD countries. Ankara promised them that patrols by Moscow would be Sydney, Melbourne and southeast Queensland are among dropped. On September 29, a formerly US-backed Syrian the fastest-growing urban areas in the world thanks in part rebel group, Jaysh al-Izza, active in northern Hama to overseas migration, said population minister Alan province, became the first rebel faction to reject the deal. Tudge. The resulting strain on infrastructure in Australia’s It said the buffer zone should be carved out equally from eastern cities cost the economy Aus$15 billion (US$10.6 both rebel-held territory and nearby zones controlled by billion) last year, with annual forecast losses of Aus$40 bil- forces loyal to Assad. Hayat Tahrir al-Sham (HTS), which lion by 2030 if left unchecked, Tudge told an audience at along with other jihadists controls nearly 70 percent of the the Menzies Research Centre think-tank in Melbourne. planned demilitarized zone, has not yet commented. — AFP “This (congestion) is a serious challenge for families and a serious economic challenge for the nation,” he said. “We are working on measures to have more new arrivals go to the smaller states and regions and require them to be there for at least a few years.” Other parts of the country “have barely grown and (are) crying out for more people”, he added. Tudge did not outline how new immigrants would be forced to remain in regional areas, saying this was still to be determined by the government. He flagged a number of other schemes to ease population pressure, including a bigger infrastructure spend and moving public servants out of the big cities. Critics such as former Australian Border Force chief Roman Quaedvlieg said requiring migrants to live in regional areas could be difficult to enforce. “Migrants will gravitate to opportunities & amenities in cities,” he tweet- IDLIB: A Syrian rebel-fighter from the National Liberation ed yesterday. “It’s not possible to police the condition Front (NLF) secures a tank, part of heavy weapons and without substantial resources, both identifying breaches & equipment withdrawn yesterday from a planned buffer zone sanctioning them.” — AFP around Idlib. — AFP 8 Wednesday, October 10, 2018 International Espionage scandals show Russia army’s growing clout, influence West accuses GRU of global hacking campaign
MOSCOW: Russia’s military spies are being mocked at times had freedom to choose how best to carry out GRU’s alleged incompetence, there has been pride in this out,” he said. From a Russian perspective, abroad as bunglers but the army’s influence over orders from higher up. If the West hopes public sham- some quarters in Moscow. “If anyone had doubts that Vladimir Frolov, a former senior Russian diplomat, Kremlin foreign policy is growing and there is little like- ing will prompt President Vladimir Putin to muzzle the our employees work everywhere they shouldn’t have said the GRU’s blunders were not a disaster. “What lihood it will halt its “black operations”. The GRU mili- GRU, whose official emblem features a bat hovering any now,” Konstantin Zatulin, a lawmaker, told state TV, was shown was nothing more than working hitches in tary intelligence agency is blamed by the West for sev- above the globe, it is likely to be disappointed. A source while declining to confirm the allegations. extraordinarily risky but effective operations which eral botched attacks this year, including attempting to close to the Defense Ministry, who declined to be achieved their main aims,” Frolov wrote in Russia’s kill former spy Sergei Skripal with a nerve agent in the named, said the GRU would continue its work. “We are ‘Few embarrassing news cycles’ Republic magazine. The GRU has become much more English city of Salisbury and trying to hack the global under attack,” said the source. “We need to be robust.” The attacks on the Organization for the Protection active since the annexation of Crime because of a chemical weapons watchdog in the Netherlands. Asked on Monday if there would be a shake-up at of Chemical Weapons in the Netherlands and on broader foreign policy. Russia’s denials of wrongdoing have at times caused the defense ministry, Dmitry Peskov, Putin’s spokesman, Skripal, in which the former spy and his daughter Before 2014, Moscow mainly confined itself to the incredulous laughter in the West and some of the said the low quality of the allegations leveled at GRU were poisoned with the nerve agent Novichok but former Soviet Union. But since then, Russia has world’s media have cast the GRU, which helped annex did not justify such changes. “Russia believes there’s no survived, are not the only signs the West sees of the become more active in the Middle East and Africa, the Crimea peninsula from Ukraine in 2014, as blunder- point in reducing the GRU’s activities because that GRU’s increased activity. The United States has while the United States and European countries have ing amateurs. But Western intelligence experts and would be a unilateral concession that would not yield indicted seven suspected spies and the West has unit- accused Moscow of interference in their affairs. Russian sources familiar with policy-making in the anything and probably be ed to accuse the GRU of a There are other signs of the army’s rising influence Kremlin say the West must stay on its guard. “It’s easy seen as a sign of weakness,” global hacking campaign. besides the uptick in the GRU’s activity. Particularly to laugh at some of the GRU’s poor tradecraft and their said Tatyana Stanovaya, who Britain produced CCTV vocal on Syria, where Russia helped turn the tide of ability but we should not underestimate them nor is well connected to the polit- footage of the two suspects war in President Bashar al-Assad’s favor, the Defense indeed the dangerous and reckless use of nerve agent ical elite and runs political it says tried to kill Skripal Ministry was out of the traps even before the Kremlin on our streets,” British Security Minister Ben Wallace analysis firm R Politik. “I think Media mock and investigative website when Syrian forces accidentally shot down a Russian told a security conference in Britain yesterday. that malicious operations spies’ alleged Bellingcat on Monday named military plane last month, accusing a “hostile” Israel Intelligence experts say the GRU has stepped up its could even be conducted the second suspect as a GRU of causing the incident. activities including black operations - covert missions more often than in the past,” incompetence military doctor after earlier Defense Minister Sergei Shoigu was also one of that are not attributable to the organization carrying it she said. naming the first man. The only two companions Putin took with him when he out - as tensions mount between Russia and the West, The Kremlin is dismayed Netherlands has named the went hiking this summer, the other being the head of which has imposed sanctions on Moscow over the by fraying informal communi- four suspected GRU agents the FSB security service. Shoigu, 63, is not involved in annexation of Crimea. “What Russia is doing is operat- cations channels between it says tried to hack the party politics but opinion polls often put him among ing by wartime rules which means particularly that the Western and Russian intelligence agencies, she said, OPCW. But there are no signs the Kremlin is more the most popular presidential possibles. In another GRU has been let off the leash,” said Mark Galeotti, a and sees the espionage world as a realm without rules. than momentarily embarrassed by the GRU’s public sign of the military’s and his own growing influence, fellow at the European University Institute in Florence. Putin, a former intelligence officer himself, sounds defi- woes, Galeotti said. Shoigu has ordered a giant cathedral dedicated to the “As the East-West confrontation worsens that ant. He said last week espionage was one of the world’s “I suspect that the Russian calculation is that if it’s armed forces to be erected in Moscow and only last empowers these combative agencies and the GRU is most important professions and dismissed Skripal as a just a few embarrassing news cycles, some tough week spoke of the need to create a second capital being much more active,” he said, adding that the GRU traitor. Despite Western media allegations about the words, and a bit of embarrassment we can just ride city in Siberia. —Reuters
News in brief according to their report. A popular uprising in Ukraine Skripal suspect ousted the Moscow-backed Yanukovych, who fled the country in February 2014, and Russia annexed the Duterte tests ‘negative’ Ukrainian peninsula of Crimea a month later. The inves- ‘decorated’ by tigative group has previously identified GRU colonel MANILA: Philippine President Rodrigo Duterte said yes- Anatoly Chepiga as the other suspect behind the March terday that recent cancer tests came back negative, just Russian leader poisoning attack and said that he too had received days after sparking speculation when he revealed doctors Russia’s highest award the same year in a secret cere- were checking him for the disease. Duterte, 73, has regu- LONDON: One of the two suspects behind the poison- mony in the Kremlin. larly prompted theorizing about his health by skipping ing of former Russian spy Sergei Skripal in Britain was The two men are accused by British authorities of events or discussing his ailments in public since taking an intelligence operative who was personally decorated attempting to murder Skripal and his daughter Yulia power in 2016. “It’s negative. They (doctors) had a suspi- as a hero by President Vladimir Putin in 2014, inves- with the Soviet-made nerve agent Novichok in the city cion so they had this specimen taken out from both the tigative group Bellingcat said yesterday. The site said of Salisbury in southwest England. oesophageal tube and here,” he said, pointing to his butt. on Monday that the man, who used the alias “Alexander “The findings of this investigation by Bellingcat add “They just wanted a retake. Nothing serious actually,” he Petrov”, was in fact Alexander Mishkin, a trained mili- possibly material context to the mission of the two told reporters. The most recent speculation started after tary doctor employed by Moscow’s GRU military intel- GRU officers to Salisbury,” the report concluded. “The he said in a speech late Thursday that he was undergoing ligence service. inclusion of a trained military doctor on the team tests on his doctor’s orders, adding “if it’s cancer, it’s can- Bellingcat founder Eliot Higgins and researcher implies that the purpose of the mission has been differ- cer.” Duterte is the oldest person ever to be elected pres- Christo Grozev told reporters at an event in the British ent than information gathering or other routine espi- ident of the country and questions about his health began parliament Tuesday that they discovered Mishkin had onage activities.” to swirl in Philippine media after he missed an October 3 taken part in undercover operations in Ukraine and the Using open-source records such as leaked residen- cabinet meeting and another public event. —AFP breakaway republic of Transnistria. Higgins and Grozev tial, telephone and vehicle databases, the Bellingcat said that Mishkin was made a Hero of the Russian probe found Mishkin was born in the remote village of SALISBURY: A handout picture taken on Fisherton Road in Federation by Putin in the autumn of 2014. Loyga in northern Russia in 1979. He graduated in 2003 Salisbury shows Alexander Petrov (left) and Ruslan Singapore activist convicted People familiar with his family believed it was or 2004 from the Russian military’s medical academy in Boshirov, who are wanted by British police in connection awarded for activities “either in Crimea or in relation to St Petersburg, where he specialized in “deep underwa- with the nerve agent attack on former Russian spy Sergei SINGAPORE: A Singaporean activist and an opposition (former Ukrainian president Viktor) Yanukovych”, ter physiology”. —AFP Skripal and his daughter Yulia. —AFP politician were yesterday found guilty of contempt of court for separate Facebook posts criticizing the country’s judici- ary. Social worker and human rights activist Jolovan Wham the emergency services said. Four explo- wrote a Facebook post in April saying that judges in neigh- Explosions spark sions went off in different parts of the depot boring Malaysia were more independent than their coun- before a fire broke out, the deputy head of terparts in Singapore on cases with political implications. Ukraine’s General Staff, Rodion He had made the observation as he commented on a legal fire at Ukraine Tymoshenko, said, suggesting this meant the challenge filed by a Malaysian online news portal against incident could be “sabotage,” a thinly veiled that country’s law against fake news. Singapore’s Attorney- arms depot jab at Russia. Kiev forces have been fighting General’s Chambers (AGC) initiated contempt of court pro-Russian separatists in the east of the proceedings against Wham for scandalizing the judiciary. ZAUDAIKA: More than 12,000 people were country since 2014 in a conflict that has John Tan, a politician with the opposition Singapore evacuated after ammunition stored at an killed more than 10,000 people. More than Democratic Party, was also charged with contempt after he arms depot in northern Ukraine began 12,000 people were evacuated from the area wrote a Facebook post saying that the AGC’s actions exploding yesterday and set off a huge fire, at risk, the emergency services said. against Wham proved that his comments were true. —AFP authorities said. Security services said they were investigating “possible sabotage” in ‘Possible sabotage’ the incident at a defense ministry depot near President Petro Poroshenko called a Journalist’s visa denial the village of Druzhba, around 135 kilome- meeting of the heads of security forces and ters northeast of Kiev. promised to give residents all the necessary HONG KONG: Hong Kong’s leader yesterday refused to Emergency services said they had no help, his spokesman wrote on Facebook. information on any deaths, and regional say why the city had denied a visa to a leading Financial Prime Minister Volodymyr Groysman trav- authorities said more than 60 people Times journalist, despite escalating demands for an elled to the scene and chaired a meeting of required medical help for smoke inhalation. emergency services officials. “The main explanation of the unprecedented challenge to freedom Grey and white smoke rose up from the thing is to preserve people’s lives. of the press. Victor Mallet, the FT’s Asia news editor and horizon yesterday morning, an AFP photog- Whatever’s destroyed, we will rebuild,” he UKRAINE: A fire ball is seen in the sky from the village Zaudaika, some 8 km a British national, angered authorities in Beijing and Hong rapher saw, while explosions were going off wrote on Facebook. Authorities closed the from the epicenter of a series of explosions at an ammunition depot in Kong by hosting a speech at the city’s press club by every one to two minutes. A defense ministry airspace in a 30-kilometre radius around the Ukraine’s northern Chernihiv region yesterday. —AFP Andy Chan, the leader of a tiny pro-independence politi- official said the fire was raging in five stor- site, as well as rail and road traffic. More cal party, in August. Chan’s party was later banned as age areas, covering about 10 percent of the than a hundred firefighters worked at the Beijing cracks down on any pro-independence sentiment total of about 700 hectares. scene, while the defense ministry sent in a the explosions had lessened in the morning and claim by the emergencies service that the in the semi-autonomous city. An application to renew The fire and explosions began around firefighting tank. that the current explosions were from rifle depot contained 88,000 tons of ammunition, Mallet’s work visa was refused and on Sunday he was 3:30am local time at the Number Six depot, The defense ministry said the intensity of ammunition, not shells. Tymoshenko denied a while saying the real total was a secret. —AFP given seven days to leave Hong Kong. Facing questions for the first time since the visa denial emerged last week, coast of Florida. Michael was forecast to have the power to Chief Executive Carrie Lam, who is appointed by a pro- uproot trees, block roads and knock out power for days by Beijing committee, said the decision had been handed Evacuations ordered the time it hits Florida on Wednesday. Then it is forecast to down by immigration authorities. —AFP lash the southeastern United States through Thursday. as Florida braces for “Steady to rapid strengthening is forecast during the next day France-Italy tensions or so, and Michael is forecast to become a major hurricane by Hurricane Michael tonight,” the NHC said. Earlier it said Michael could produce LYON: French Prime Minister Edouard Philippe three life-threatening hazards along portions of the northeast- urged far-right Italian leader Matteo Salvini on MIAMI: Residents of northwest Florida had until today to ern Gulf Coast: storm surge, heavy rainfall, and hurricane- Monday to drop his “posturing” on immigration and leave their homes ahead of Hurricane Michael, forecast to force winds, with storm surge and hurricane watches in effect. help find a European response to the issue. Salvini, crash ashore midweek as a major Category 3 storm with “life- The first rains from Michael already started to soak the threatening” flash flooding possible. Governor Rick Scott’s Florida Keys on Monday. Up to four inches (10 centimeters) Italy’s powerful interior minister and deputy pre- FLORIDA: People line up for gasoline as Hurricane Michael mier, has singled out French President Emmanuel office said mandatory evacuation orders were in place for were expected to fall through today. Late Monday, residents parts of Bay County, which includes the popular Panama City of far western Cuba were forecast to get up to eight inches of bears down on the northern Gulf coast of Florida outside Macron for criticism in recent weeks, as well as Tallahassee, Florida. —AFP other EU leaders he considers too soft on immigra- beach resort, and areas in nearby Gulf and Franklin counties. rain. “This rainfall could lead to life-threatening flash floods tion. Philippe promised to be “direct” in his conver- “EVERY FAMILY must be prepared. We can rebuild your and mudslides,” the NHC warned. sation with the 45-year-old Italian, head of the far- home, but we cannot rebuild your life,” Scott said. The alert get a plan, because tomorrow could be too late.” right League party, over dinner on Monday night in came after the tropical storm system strengthened to a ‘Another big one’ “This storm will bring torrential rain, heavy winds and the French city of Lyon where the two men, along Category 1 hurricane, packing maximum sustained winds late President Donald Trump, who was in Orlando delivering an dangerous storm surges to many areas of our state,” he with ministers from Britain, Germany, Spain, Poland Monday of 85 miles per hour, the Miami-based National address to a global association of police chiefs, said the feder- tweeted. Florida State University announced it was closing and Morocco, met for talks on immigration. “I Hurricane Center (NHC) said. al government was ready and urged residents to be prepared for the week yesterday, along with schools in Leon County, rarely use the same words or the same vocabulary By 0001 GMT, Michael was off the western tip of Cuba’s for the worst. “Can you believe it? It looks like another big home to the state capital Tallahassee. Tallahassee’s (as Salvini) but that doesn’t stop me being direct as Pinar del Rio province, churning to the north at 12 miles per one,” he said. Scott declared a state of emergency for 35 Democratic Mayor Andrew Gillum, who is campaigning to well. I hope we’ll have a frank and direct exchange,” hour, across from Mexico’s Yucatan peninsula. Michael was counties, activating 1,250 National Guard troops in prepara- succeed Scott as governor in next month’s elections, sus- Philippe said. —AFP forecast to push through warm, relatively shallow Gulf of tion for the storm. “We are running out of time,” the pended his campaign and returned to the state capital to Mexico waters before moving inland over the northern Gulf Republican governor said on Twitter. “TODAY is the day to oversee storm preparations. —AFP Established 1961 9 International Wednesday, October 10, 2018 Interpol saga hurts China’s bid to lead global bodies
Beijing’s international image takes a self-inflicted bruising
BEIJING: Beijing’s international image took a self- fodder to US attacks against China and the lack of rule inflicted bruising with a secretive investigation into the of law,” he said, referring to Vice President Mike Pence’s former Chinese head of Interpol, highlighting its ruthless searing speech last week assailing China’s human rights tactics even as it seeks global goodwill in a trade spat record, foreign policies and trade practices. with the United States, analysts said. The election of Seemingly kept in the dark by China, French police Meng Hongwei as head of Interpol in 2016 was a tri- opened an investigation into his disappearance and umph for President Xi Jinping’s bid to burnish China’s Interpol asked for a “clarification” from Beijing on international profile through leadership posts in presti- Saturday. But it was not until Monday that Chinese gious global organizations. authorities revealed that Meng was being investigated But midway through his four-year term, Meng van- for taking bribes, without providing details about the ished after travelling to China from France, where charges or his whereabouts. Interpol is based. After days In one ominous sign, several of silence, authorities accused posts on meetings and activi- him of taking bribes and he ties Meng participated in over resigned. The Chinese vice recent years disappeared from public security minister’s No one is the public security ministry’s abrupt disappearance late last website Monday as an AFP month caught Interpol off- above the reporter viewed them-effec- LYON: Grace, the wife of the missing Interpol president Meng Hongwey, talks to journalists in Lyon during a guard, an embarrassing situa- tively erasing him from the law: Beijing press conference. —AFP tion for an organization whose agency’s history. Adding to the mission is international police intrigue, his wife Grace Meng cooperation. It was also a spoke with her face hidden up with endemic corruption. But some analysts say it ty”. Lam speculated that the anti-graft agency may have stark reminder to the world of from cameras in Lyon on also enables the Chinese president to eliminate rivals. discovered something that sowed doubts about Meng’s the Communist Party’s harsh Sunday, telling reporters she One of the most powerful to fall was former security allegiances, and “Xi needs absolute loyalty”. investigative tactics, which contrast with the due process did not know what had happened to her husband and ministry chief Zhou Yongkang, who promoted Meng Beijing’s handling of the case will make it harder for and open court system afforded to suspects in demo- showing his last text message to her: a knife emoji sig- more than a decade ago and was sentenced to life in Chinese to take prominent spots at global bodies in the cratic countries. naling danger. prison in 2014. future, Lam said. Bonnie Glaser, senior Asia adviser at China has said that Meng’s fall from grace is evidence The public security ministry said Meng’s case shows Washington’s Center for Strategic and International that no one is above the law. But critics who see Xi’s six- ‘No exceptions’ “that no one is above the law” and underscores the need Studies, said international organizations “should think year anti-corruption campaign as a tool to root out his The organ investigating Meng, the National to “thoroughly eliminate the pernicious influence of Zhou twice going forward before considering a Chinese candi- political enemies are sceptical. “This will have a detri- Supervisory Commission, can hold suspects for as long Yongkang”. The state-run Global Times cited Tuesday a date to be its head.” “Unless Interpol presses for an open mental impact on China’s soft power,” said Willy Lam, as six months without providing access to legal counsel. professor from a Communist Party school as saying that investigation and due process for Meng Hongwei, it is politics professor at the Chinese University of Hong Xi’s anti-graft campaign has punished more than one Meng’s crimes might not be just related to corruption definitely going to be criticized. How can the world’s Kong. “It plays into the Americans’ hands, adding more million officials, and is popular with citizens who are fed but that he could also have “jeopardized national securi- police organization simply do nothing?” — AFP
North Korea wants Pope to to postpone trips to the area, part of India on alert India’s tourist “golden triangle” of visit, South Korea Delhi, Jaipur and Agra, home to the Taj Mahal. as zika virus First discovered in 1947, the zika to tell Vatican virus reached epidemic proportions in hits tourism Brazil in 2015, when thousands of babies were born with microcephaly, a SEOUL: North Korean leader Kim Jong Un hotspot of Jaipur brain defect affecting speech and has invited Pope Francis to visit, saying he motor function. It is the third such out- would be “ardently welcomed”, South Korea’s NEW DELHI: India has sent experts break in India, with the first in the presidency said yesterday, adding it would to try to contain an outbreak of the western city of Ahmedabad in January pass on Pyongyang’s message to the Vatican. zika virus in the popular tourist desti- 2017 and the second in the southern South Korean President Moon Jae-in will nation of Jaipur, capital of the northern state of Tamil Nadu in July 2017. Both have an audience with the Pope during a visit state of Rajasthan, with a close watch outbreaks were “successfully con- to the Vatican from October 17 to 18. on pregnant women. Twenty-two peo- tained”, the government said. “During the meeting with Pope Francis, he VATICAN CITY: Pope Francis leaves after he delivered his blessing to the faithful during The ple in the city have tested positive, the The latest cases - in the middle of (Moon) will relay the message from chairman Angelus Prayer, at Saint Peter Square. —AFP health ministry said. There is no vac- the country’s festival season where Kim Jong Un that he would ardently welcome cine to the virus which can cause many Indians travel, increasing the risk the pope if he visits Pyongyang,” Moon’s archbishop, Kim urged him to let the Vatican North’s constitution, but all religious activity is severe birth defects in unborn children. of transmission - come amid a spike in spokesman, Kim Eui-kyeom, told reporters. know his intention to build peace, according subject to extremely tight restrictions and com- Pregnant women in the area are other mosquito-borne diseases, that kill Moon is embarking on a nine day tour of to Moon’s spokesman. The young leader of pletely banned outside of state-sanctioned being monitored by the National thousands across India each year, Europe from October 13 to 21 that will the isolated, impoverished but nuclear-armed institutions. In the early 20th century before the Health Mission, a body set up by the according to the World Health include stops in France, Italy and Denmark on North has taken a series of reconciliatory division of the peninsula, Pyongyang was a government to improve healthcare Organization. The capital Delhi has top of the Vatican. The doveish Moon has gestures since early this year, including a land regional missionary hub with scores of church- across the country. “The situation reported a rise in cases of dengue fever, pushed rapprochement with Kim, meeting summit with US President Donald Trump in es and a thriving Christian community that continues to be monitored regular- with 169 reported in the first week of him three times in the last year. During the June. During last month’s summit, Kim also earned it the title of “Jerusalem of the East”. ly,” the ministry said in a statement October and taking the total for the most recent face to face - a visit to reaffirmed efforts to ease military tension on But Kim Il Sung, the North’s late founding late on Monday. The Toronto-based year to 650, according to NDTV, citing Pyongyang last month - Moon was accompa- the flashpoint peninsula but remained vague leader and the current ruler’s grandfather, International Association for figures from the South Delhi Municipal nied by South Korean Archbishop Hyginus on measures on how to dismantle his widely- viewed Christianity as a threat to his authori- Medical Assistance to Travelers said Corporation that tracks mosquito- Kim Hee-joong. feared atomic arsenal. tarian rule and eradicated it through executions it was advising pregnant travellers borne diseases. —Reuters During a conversation with the visiting Religious freedom is enshrined in the and labour camps. — AFP 10
Analysis Wednesday, October 10, 2018
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Why US sanctions won’t change Iran foreign policy
he messages from Tehran are stark. On Oct 1, Iranian forces fired six missiles at Islamic TState positions in eastern Syria. The weapons landed within three miles of US troops in the coun- try; one missile shown on Iranian state television carried the slogan: Death to America, “Death to Israel, Death to al Saud.” A statement by Iran’s Islamic Revolutionary Guards Corps (IRGC), said the missile strike was retaliation for a Sept 22 shooting attack on a military parade in Ahvaz, southwest Iran, that killed at least 25 people. The missile attack, however, was clearly intended to deliver a message beyond the militant holdouts of Islamic State. It was an unequivocal signal to the Trump administration and its allies in the Middle East that Tehran will not change its foreign policy in spite of Washington’s escalation of sanctions - the next Intimidation new normal for Pak journos round is due in November - after President Donald Trump withdrew from the multilateral 2015 Iran akistan’s media was widely seen as among the Chaudhry told Reuters no media outlet has brought any Monday that will decide whether to formally charge them. nuclear deal in May. region’s most vibrant after military rule ended in complaints to his office. “I think Pakistani media freedom Neither entered any plea and the case was adjourned until Tehran got a boost for its approach on Oct 3, when P2008, but a dozen newspaper and TV journalists say can be compared to any first world country,” Chaudhry Oct 22. A representative for Sharif did not respond to the International Court of Justice (ICJ) ordered the the industry is now in disarray because of intimidation and said. “There is more of a talk than substance ... I have not request for comment on this story. Almeida and senior edi- United States to ensure that sanctions against Iran do army pressure. In separate interviews with Reuters, they received a single application or request or evidence of tors at the Dawn newspaper he works for declined to be not affect humanitarian aid or the safety of civil avia- said a media crackdown that began in the run-up to the such censorship.” interviewed, saying they had been advised by lawyers to tion. Although unenforceable and rejected by US July election of new Prime Minister Imran Khan had mor- A report released by the US-based Committee to avoid comment on an ongoing case. Secretary of State Mike Pompeo, the decision by the phed into widespread self-censorship by journalists fearful Protect Journalists (CPJ) last month alleged that Pakistan’s United Nations court will likely encourage the Iranian of repercussions if they criticize Khan, the military or military was using fear and intimidation to stifle the media Disappearances leadership to stay its defiant course. The ruling courts. and undermine press freedom. “The military has quietly, While journalists have rarely been jailed in Pakistan, “proved once again that the Islamic Republic is right A number of political commentators and opposition but effectively, set restrictions on reporting: from barring several instances of abductions of reporters have creat- and the US sanctions against people and citizens of politicians say Khan is backed by the establishment, a term access to regions ... to encouraging self-censorship ed a culture of self-censorship, journalists interviewed our country are illegal and cruel,” Iran’s foreign min- used in Pakistan to mean the military and intelligence top through direct and indirect methods of intimidation, said. “In general the media is being very careful in what istry said in a statement shortly afterward. brass, along with some senior civil servants and judges. His including ... allegedly instigating violence against not to report or discuss. If they do, they can face disrup- Iran’s shift to a more “offensive” foreign policy fol- main rival, former prime minister Nawaz Sharif, was at log- reporters,” the CPJ said in the report, written after inter- tions to circulation or to the placement of their channel lowing Trump’s decision to leave the nuclear accord five gerheads with the military. Adding to the atmosphere of views with journalists, editors and media groups in five on cable or at times a ... blackout,” said Omar R Quraishi, months ago is at least partly due to the empowerment fear is a treason case filed against a prominent newspaper Pakistani cities in February this year. The military has not former web editor at Samaa TV. In June, Pakistani com- of hardliners in Iranian decision-making circles, includ- columnist, Cyril Almeida, following an interview he con- responded to requests for comment on the CPJ report. mentator, activist and frequent military critic Gul ing hawkish elements within the Revolutionary Guards. ducted with Sharif that mentioned the role of Pakistani Bukhari was abducted by gunmen as she was on her way The IRGC’s missile strikes against Islamic State posi- militants in the 2008 Mumbai terror attack. Influence judgment to a TV interview. A driver reported to the TV channel tions in eastern Syria came less than a month after its “There is a culture of silence. People are reluctant to “There are debates within organizations about what that men in military uniform stood by while plainclothes September 8 missile strike on several Kurdish opposi- talk about who is behind this,” Islamabad bureau chief of can lead the organization into a problem and these discus- men took her away. tion bases in Iraqi Kurdistan killed at least 11 and independent Capital TV Murtaza Solangi told Reuters. sions essentially influence your editorial judgment,” Talat Bukhari, a dual Pakistani-British citizen, was returned wounded many more. In a similar vein, Reuters reported “Self-censorship has hit new highs.” The Pakistani mili- Hussain, a journalist with Geo TV, Pakistan’s leading televi- home the next day after a social media and international in August that Iran had transferred ballistic missiles to tary’s public relations wing, the Inter Services Public sion news channel, told Reuters. “The problem can range media outcry. She declined to go into details of her ordeal, its Shi’ite proxies in Iraq to develop a missile production Relations agency (ISPR), denied intimidating the media from ... the channel getting shut down, to the business get- but told Reuters her abduction could be “viewed within capacity there as a deterrent against attacks on Iran. and said it doesn’t pressure journalists to alter coverage. ting hurt by ad flow slowing down.” The accusation of that context” of intimidation ahead of the general election. Perhaps a more telling development is the French “Our media is independent. ISPR has no role in controlling treason against the columnist Almeida is based on a May The military denied playing any role in her abduction. In government’s Oct 2 accusation that Iran’s intelligence media expression,” the military agency said in a written interview he conducted with Sharif in which the former January, Taha Siddiqui, a journalist known for critical ministry was, “without any doubt,” behind a foiled June response to several questions from Reuters on what the prime minister indirectly suggested that Pakistan allowed reporting on the military, told reporters he narrowly avoid- plot to attack an annual gathering of the exiled Iranian journalists described as intimidation and harassment by militants based on its soil to carry out the 2008 militant ed abduction after his taxi was stopped by armed men. He opposition group Mujaheedin-e Khalq (MeK) near Paris. security forces. The agency declined to elaborate further. attacks in the Indian city of Mumbai that killed 166 people. said he shouted for help when a military vehicle passed by While the Iranian foreign ministry has denied Tehran’s Khan’s office did not respond to a request for comment, Pakistan has long denied any state involvement but the but one of the armed men gestured to the vehicle to move involvement, the planned assault on European soil could but during the election campaign he dismissed reports of incident has been at the center of deteriorating ties with on. Siddiqui also filed a police complaint about the inci- reflect a sign of increased recklessness by Iranian hard- press intimidation. Pakistan’s information minister Fawad India. Sharif and Almeida both appeared before a court on dent. The military denied it was involved. — Reuters liners willing to act without government approval. This is not to argue that US sanctions have not taken their toll on Iran. Trump’s fiery attack on the country at last month’s UN General Assembly sent the rial plunging is expected to worsen rapidly, fueled by to a record low of 190,000 to the dollar, down from 10,000,000% monetary financing of large fiscal backing Senator Ted Cruz. Indeed, she around 65,000 shortly before the United States with- deficits and loss of confidence in the Haley: From called the brash Manhattan property baron drew from the nuclear agreement. (Notably, Iranian rial currency”. Venezuela devalued its cur- “everything a governor doesn’t want in a inflation? Look president,” and just weeks before the elec- traded at around 43,000 to the US dollar in late 2017.) rency by nearly 100 percent on Aug 20. S Carolina state The currency has since recovered slightly - a result Excluding Venezuela, inflation in emerg- tion, she admitted she was “not a fan” of of measures like authorities selling US dollars and the at Venezuela ing and developing nations is expected the candidate. So understandably, eye- Iranian parliament’s approval on Sunday of new meas- to reach only five percent this year, the house to UN brows were raised when Trump chose ures against money laundering and terrorism funding - IMF said. Haley - who had little foreign policy expe- but that will do little to ease the concerns of Iranians hat does it look like to have and now...? rience - as Washington’s voice at the who’ve seen the value of their savings plummet. inflation of 10 million per- Downgraded growth United Nations. The general deterioration in Iran’s economy, Wcent? When something that While the news is not nearly so bleak But, as she said herself, she had a track reflected in rising inflation, growing unemployment cost $1 now costs $100,000, is there elsewhere, the IMF cut its forecast for ikki Haley, who has resigned as record in shaking up staid, traditional and excess liquidity, has led to the moderate President even a way to calculate the impact? world growth to 3.7 percent for this year President Donald Trump’s ambas- government bodies - a quality that surely Hassan Rouhani being summoned to parliament for the After seeing prices surge an already- and next, largely due to the expected Nsador to the United Nations, was a appealed to Trump. “Institutions always first time to answer questions on Iran’s economic trou- unthinkable 1,000 percent last year, slowdown in trade amid the trade war virtual unknown on the national and inter- benefit from an outsider’s perspective,” bles and to face calls for his impeachment from some hyperinflation in Venezuela’s imploding between the United States and China. It national stage when she joined the cabinet. she told the Council on Foreign Relations of the critics of his centrist government. Earlier, the economy is set to hit nearly 1.4 million also downgraded its estimate of growth After nearly two years as one of America’s think tank last year. “In South Carolina, I lawmakers had fired Masoud Karbasian, economy and percent this year, the International in emerging and developing countries top voices on foreign policy, the 46-year- was the first minority governor and - a finance minister, and before him Ali Rabiei, minister of Monetary Fund forecast in its World compared to the July forecasts, to 4.7 old South Carolina native will leave at real shock to the state - the first girl gov- labor and social welfare. Economic Outlook released Monday. percent for 2018 and 2019. And for Latin year’s end with a strong global profile - ernor as well.” Internal pressures, however, have not compelled But in 2019 that hyperinflation is expect- America and the Caribbean, the forecast and a reputation for standing up to the Born in 1972 in Bamberg, South Tehran to modify its assertive regional policies. Part of ed to leave earth’s orbit, hitting 10 mil- was cut four tenths to 1.2 percent for this mercurial Trump. Carolina, Nimrata “Nikki” Randhawa the reason is that Iranian moderates, trying to remain lion percent, a figure so large and year, and 2.2 percent next year, accord- With speculation already building about rose quickly in the southern state’s poli- politically relevant, have responded to a surge of improbable, readers of the report had to ing to the WEO. her political future, she quickly denied any tics, serving in its House of nationalist sentiment by drawing closer to the hardlin- count the zeroes to make sure they had The IMF now expects Argentina’s plans to challenge her boss in 2020, Representatives from 2005 to 2011 when ers and pushing state politics to the right. Even with- the correct number. economy to contract by 2.6 percent this instead saying in the Oval Office on she was elected governor. She was out this shift, Iran’s resistance to US pressure was pre- reportedly considered as a possible vice It is so bad that Venezuela was left year, and 1.6 percent next year, with Tuesday it was “time to stand aside”. “I dictable. It is rooted in an established belief among presidential pick by 2012 Republican out of the inflation calculations for the inflation of nearly 32 percent both years. don’t have anything set on where I want to Iranian leaders - former revolutionaries who saw the candidate Mitt Romney. Her conservative region and for all emerging markets Argentina, which has seen its economy go,” Haley said, with the president at her 1979 overthrow of Shah Mohammad Reza Pahlavi views and plainspoken but warm style since it would throw off the average. roiled and currency weaken sharply, side. But wanting a break from the punish- regime first-hand and later survived an eight-year war were popular in her home state. After years of economic mismanage- agreed late last month with the IMF on a ing Trump news cycle would surely be with neighboring Iraq (1980-1988) - that retreat may She then won national attention in 2015 ment, and with the vital oil industry revised reform program that will understandable. beget further retreat and acquiescence to foreign by supporting the removal of the nearly at a standstill, Venezuela has seen increase a loan approved in July by $7 During her time at the United Nations, demands can invite more demands. Haley - a fellow Republican who previous- Confederate flag from the state house after tens of thousands of people flee the billion to $57 billion over three years. Evidence of this view was reinforced last Thursday, ly served as South Carolina’s governor - a white gunman opened fire at a black country daily, increasingly desperate to The IMF board has yet to approve the the day after the ICJ decision, when Iran’s Supreme was unafraid to speak her mind, often in church, killing nine parishioners. Haley is find food and medicines, flooding into updated loan. Leader Ayatollah Ali Khamanei told a meeting of IRGC- fairly undiplomatic language. She was the married to Michael Haley, an officer in the neighboring Colombia and Brazil. The Despite a 2,000 basis point increase affiliated Basij militia members that Iranians who advo- face of the White House to the world on South Carolina National Guard and has Venezuelan economy contracted 14 per- in Argentina’s interest rate the currency cated submission to the United States were “perpetrat- cent last year and is expected to fall everything from North Korean denu- two children. ing the greatest treason to the state and the nation.” declined by 40 percent through clearization to the war in Syria. And the At the United Nations, she found her another 18 percent this year, but the September. Meanwhile, Brazil’s economy For Tehran, Washington’s offer of new negotiations good news - if it can be called good - is daughter of Indian immigrants, who was voice, quickly outshining the secretary of under “maximum pressure” is seen as humiliating. is expected to grow only 1.4 percent this raised as a Sikh but identifies as Christian, state at the time, Rex Tillerson. She was a that with little room left to fall it is only year, four-tenths slower than the July Leaders who believe that diplomatic talks with a forecast to shrink five percent in 2019, was the face of diversity in a cabinet criti- fierce defender of Israel, and also a fero- hawkish US administration bent on regime change will forecast, and 2.4 percent in 2019. The cized for being too white. cious critic of Russia - even more so than the report said. report cited the impact of a nationwide weaken their domestic support base and damage their GDP per capita is estimated to have her boss. And when a White House aide international status are unlikely to negotiate with the truck drivers’ strike, as well as tightening Outsider perspective suggested in April this year that “confu- declined by more than 35 percent over financial conditions. Growth in Mexico administration unless the White House can come up 2013-17 and is projected to decline by Haley was not exactly on the Trump sion” had led her to mistakenly announce with a face-saving way to get them started - and con- was downgraded also, but only slightly, close to 60 percent between 2013 and train from the get-go - she endorsed fresh sanctions on Russia, she quickly vince them that any new deal will not merely go the to 2.2 percent this year and 2.5 percent 2023, the IMF said. With notable under- Florida Senator Marco Rubio during the fired back. “With all due respect, I don’t way of the nuclear accord. — Reuters next year, buoyed by solid US growth, Republican primary race in 2016 before get confused,” Haley said. — AFP statement, the IMF said “hyperinflation the IMF said. — AFP Established 1961
WEDNESDAY, OCTOBER 10, 2018 Fed hikes rates amid robust data; NBK-Saudi officiallyBusiness launches Comcast faces continued doubts 12eurozone’s growth weakens 13 Al-Watani Wealth Management 14 over wisdom of Sky purchase
NUSA DUA: This photo released by the IMF yesterday shows International Monetary Fund Economic Counselor Maurice Obstfeld (center), deputy director Gian Maria Milesi-Ferretti (left) and communications officer Wafa Amr (right) answering questions during the World Economic Outlook press conference in Nusa Dua. — AFP US-China trade war will hobble growth: IMF
Global finance chiefs meet in Bali amid threats of protectionism
BALI: The US-China trade war will hobble global China has responded in kind with its own barrage of stage. The IMF report said “protectionist rhetoric” was percent this year to 1.8 percent by 2020, the IMF also growth, the International Monetary Fund warned yes- levies, rattling nerves especially among other Asian being “increasingly turned into action”, warning such warned about the potential risk of an “inflation sur- terday, cutting its forecast for this year and next and economies and already vulnerable countries like uncertainty “could lead firms to postpone or forgo cap- prise”, fuelled by the same tax cuts and rising spending predicting that “everyone is going to suffer” from a Argentina, Turkey and Brazil. ital spending and hence slow down growth in invest- used to cushion the impact from the trade war. clash between the world’s two biggest economies. “Trade policy reflects politics and politics remains ment and demand.” That could result in higher-than-expected interest At a meeting on the Indonesian island of Bali, the unsettled in several countries, posing further risks,” Global trade is projected to expand by 4.2 percent rates from the Federal Reserve and stock market uncer- IMF painted a cautious picture for the near future, say- Obstfeld said. The dominant US economy has been this year — 0.6 percent less than expected in July- tainty. Fed rate hikes are already increasing pressure ing trade tensions and rising debt levels could dent shielded so far from the ill effects of the trade war, dropping to four percent next year. on emerging market economies by fuelling an outflow China and the US-and leave developing economies thanks to stimulus through tax cuts and spending poli- Obstfeld, who retires from the Fund later this year, of capital as investors seek higher returns. especially vulnerable to sudden stresses. cies, but that will wear off by 2020, the IMF said. said there were bright spots with some Latin American US stimulus also adds to the “already-unsustainable” “There is no denying that the susceptibility to large When the world’s two biggest economies are “at and African nations getting growth forecast upgrades. debt and deficit that will undercut future growth, the global shocks has risen,” the IMF’s top economist odds”, Obstfeld said, that is going to create “a situation The fund urged governments to focus on policies report warned. Maurice Obstfeld told reporters after the fund cut its where everyone is going to suffer”. that can share the benefits of growth more widely, In export-heavy China, which is less able to mitigate outlook for global GDP growth by 0.2 percentage Growth estimates for the euro area and Britain were helping counter the growing mistrust of institutions, the fallout from tariffs, the trade war is already having points to 3.7 percent for 2018 and 2019. also revised down with the report warning that growth and to avoid “protectionist reactions to structural an impact, the IMF said. It is the first time the fund has cut its forecast in more “may have peaked in some major economies”. change.” And it stressed “cooperative solutions” to help Growth is projected to slow to 6.6 percent this year than two years. Tensions have soared in recent months boost continued growth in trade “remain essential to and 6.2 percent in 2019, a downgrade of 0.2 percentage with Donald Trump’s administration rolling out billions Rising protectionism preserve and extend the global expansion”. points. Further out, China’s economic growth is expect- of dollars in tariffs against China in a bid to tackle its Finance ministers and central bankers from many of ed to slow gradually to 5.6 percent as the government trade deficit and rein in what Washington views as the IMF’s 189 member nations are meeting in Bali this ‘Inflation surprise’ shifts to “a more sustainable growth path” and address- unacceptable trade practices by the Asian giant. week with talk of rising protectionism taking center- With US GDP growth expected to drop from 2.9 es financial risks, the IMF said. —AFP
IMF reverses Iran growth, lifts pleased to conclude Fitch Ratings the annual credit rating reviews for the year Saudi forecast 2018 with the Fitch affirms Gulf Bank Ratings affirmation of DUBAI: The International Monetary Fund yesterday pre- Gulf Bank’s rating at dicted Iran’s economy will sink deep in the red due to rating at ‘A+’ with ‘A+’ and a ‘Stable’ out- renewed US sanctions but forecast increased Saudi growth look.” “This is an inter- on the back of higher oil production. ‘stable’ outlook national acknowledge- In its World Economic Outlook, the IMF said the oil- ment of the Bank’s sus- dependent economy of the Islamic republic is expected to tained improvement in asset quality and prof- shrink by 1.5 percent this year and by 3.6 percent in 2019. KUWAIT: Fitch Ratings has affirmed Gulf Dalal Al-Dousari In May, before US President Donald Trump announced NUSA DUA: International Monetary Fund chief Christine Lagarde Bank’s Long-Term Issuer Default Rating at ‘A+’ itability, solid capital reinstating sanctions against Tehran, the IMF had projected (left) listens as Indonesian Finance Minister Sri Mulyani with a ‘Stable’ Outlook. Fitch has also affirmed and sound liquidity Iran’s economy would grow by 4.0 percent in 2018 and Indrawati speaks during a forum entitled “Empowering Women the Bank’s Viability Rating at ‘bb+’. According to position,” added Al-Dousari. again next year. in the Workplace” in Nusa Dua yesterday. — AFP the recently published Fitch Ratings commen- Gulf Bank continues to be well recognized The IMF said the Iranian economy was now expected to tary, Gulf Bank enjoys an adequate franchise, internationally with ‘A’ ratings by all four leading contract over the next two years “on account of reduced The IMF also sharply slashed growth forecasts for the well managed liquidity, good delivery on strate- credit rating agencies in terms of its credit wor- oil production, before returning to modest positive growth whole Middle East and North Africa region due to the slump gic objectives, adequate asset quality and ade- thiness and financial strength. In addition to in 2020-23”. in the Iranian economy and increased energy costs. It now quate capitalization, as well as a fairly stable Fitch Rating recent affirmation, Moody’s Trump withdrew the United States from the 2015 projects the MENA region to grow by 2.0 percent this year operating environment in Kuwait. Fitch Ratings Investor Services has revised their outlook on nuclear deal between Iran and world powers in May, and and 2.5 percent in 2019, 1.2 percent and 1.1 percent lower, referred to Gulf Bank’s competent management the Bank to “Positive” from “Stable” and his administration reimposed a round of sanctions on the respectively, than it forecast in April. team, which is highly experienced in local and affirmed its issuer credit rating at “A3”in May Islamic republic in August. “The downward revisions reflect to an important extent regional banking, with an improving record of 2018. Similarly, S&P Global Ratings has affirmed Iranian crude exports, which reach some 2.5 million bar- the worsening of growth prospects for Iran, following the strategy implementation in Kuwait. Gulf Bank’s credit rating at “A-”with a “Stable” rels per day normally, have plunged by over half a million reimposition of US sanctions,” it said. The IMF, however, Commenting on Fitch’s credit rating Outlook in June 2018. Capital Intelligence on the bpd and are expected to dive further when expanded sanc- lifted its projections for economic growth in Saudi Arabia, announcement, Dalal Al-Dousari, Gulf Bank’s other hand recently upgraded the Bank’s rating tions on oil take effect next month, depriving Tehran of its the region’s biggest economy, and its oil-rich neighbors in Head of Investor Relations said: “We are very to “A-” from “BBB+” with a “Stable” outlook. main source of income. the Gulf. —AFP 12 Established 1961
Wednesday, October 10, 2018 Business
NBK International Market Report Fed hikes rates amid robust data; eurozone’s growth weakens Oil rally continues amid Trump’s accusations
KUWAIT: After the turmoil in various emerging low for this stage of the economic cycle. The economies that rocked financial markets in August, Conference Board reported that consumer confidence global conditions were slightly firmer in September and surged to an 18-year high in September, while con- early October, with the embattled Turkish lira staging a sumer spending rose by more than 5 percent y/y for partial recovery following the announcement of the the third successive month in August compared to an government’s support package, and crisis-hit Argentina average of 4.3 percent last year. securing additional bailout funds from the IMF. There Although most near-term economic metrics are was also some positive news on global trade, with the looking positive, key risks to the outlook include more US and Canada agreeing a revamped NAFTA deal aggressive Fed policy tightening and a stronger US (now titled ‘USMCA’) and some analysts hoping for a dollar, rapid economic growth leading to capacity pres- modest de-escalation of US-China tensions after the sures and higher wage and price inflation, a sharp drop US congressional elections in November. Benchmark in the stock market following its now record-breaking government bond yields shifted significantly higher on bull-run, and an intensification of the trade war with strong US economic data and on the continued gradual China. The impact of the latter so far has been limited, withdrawal of global market liquidity as monetary poli- with domestic drivers still providing the main source of cy is tightened. economic growth.
Fed hikes rates Eurozone growth shows Buoyed by strong economic growth and inflation at In the Eurozone, the outlook for growth is tilting to close to the 2 percent target, the Federal Reserve took the downside with the external sector showing increas- a further step on the path of monetary normalization by ing vulnerability to slower global trade and domestic raising interest rates by 25 bps to 2.00-2.25 percent at activity far from firm. According to September’s manu- its September meeting, the eighth hike of the current facturing PMI, new export orders in the common cur- economic cycle. In a fairly bullish assessment of the rency area fell to their lowest in over five years; busi- outlook, the central bank also upgraded its growth ness sentiment fell on concerns over geopolitical devel- forecasts for this year and next, removed its commit- opments and trade protectionism. ment to maintain an ‘accommodative’ policy stance and Other developments were mixed in September. The signaled the likelihood of one further rate hike this year services PMI improved on the month to 54.7, headline and three in 2019. Financial markets took the widely- inflation rose unexpectedly to 2.1 percent, the strongest anticipated move more or less in stride at first, relieved since 2012, and 2Q18 wages, at 1.9 percent y/y, were that the Fed did not outline a still-more hawkish set of the firmest in a year. Nonetheless, core inflation remains projections. stubbornly weak, dipping to 0.9 percent in September, Supporting the Fed’s decision, recent economic data consumer sentiment eased to its lowest in over a year, suggests that growth remained robust in 3Q18, perhaps while retail sales faltered for a second consecutive close to the super-strong 4.2 percent (annualized) month in August. recorded in Q2. The ISM activity index for manufacturing However, signs of weakening activity have not yet slipped slightly in September, but remained exceptionally derailed the ECB from unwinding its QE program. It strong at 59.8 with strong output levels offsetting con- announced at its latest meeting that it is still set to ing costs were compounded by a series of natural dis- a seven-month low of 50.8. However, a pickup in the cerns over tariffs and cost pressures due to capacity reduce its asset purchases by half to EUR 15 billion per asters, the improvement in domestic demand will help services (which makes up more than half of China’s shortages. More eye-catching still was the surge in the month in October, and expects to end the program in offset some of that slowdown. Indeed, growth in retail economy) index to 54.9 offered encouragement. equivalent non-manufacturing survey to an all-time high December. Meanwhile, turmoil arose in Italy following sales rose to an eight-month high of 2.7 percent y/y in of 61.6, on higher readings for output and employment. the government’s announcement that it would raise the August. Separately, both headline and core consumer Oil rally continues These sectors account for 88 percent of US GDP. budget deficit to 2.4 percent of GDP next year. The price inflation rose in August, but remained far below Oil’s bull-run continued in September, with the inter- The stronger-than-expected data and comments made move is set to put Rome on a collision course with the Bank of Japan’s 2 percent target. In light of the con- national benchmark, Brent crude, gaining 6 percent by the Fed Chairman that the benchmark rate may go Brussels, which will review Italy’s draft budget in mid- tinued weakness in inflation, the bank stood pat on its during the month to close at a new four-year high of beyond the “neutral rate” pushed the yield on the bench- October. Later, Italy announced that it would reduce loose monetary policy last month. $82.7/bbl. Prices have since increased further to almost mark 10-year government well above the 3 percent mark the deficit beginning in 2020 providing some assur- The manufacturing sector continues to struggle to $85/bbl. Driving the rally has been the concern that by early October, though this was helped by a change in ances to the markets. eke out substantial gains amid softening domestic and stringent implementation of US sanctions on Iran and a tax policy that had previously helped prop up demand for external demand. The Caixin/Markit manufacturing so far inadequate supply response from OPEC+ is long-term US government debt by pension funds Japanese Q2 growth PMI, which surveys small to medium sized private firms, causing the market to tighten significantly. Combined Key to the ongoing strength of the economy is the Japan’s economy remains supported by strong levels retreated more than expected in September, from 50.6 with robust global demand and doubts over the size of tight labor market. Unemployment remained close to of capital spending and an improvement in domestic in August to 50.0 (the borderline which demarks the global spare production capacity buffer, this has 18-year lows in August at 3.9 percent and growth in demand. GDP growth for 2Q18 was revised up from 1.9 expansion from contraction), after export orders fell at heightened market anxieties and led to a spate of jobs was a very solid 201,000 m/m. There were also at percent to 3.0 percent, its fastest in over two years, on their fastest pace in over two years. Export orders are upward oil price revisions and even talk of oil at last some signs of a pick-up in wage growth with pri- the back of better-than-expected capital expenditure poised to weaken further on the back of the recently- $100/bbl. High prices and OPEC’s underperformance vate sector earnings rising 2.9 percent y/y - the data. While a slowdown in industrial activity is likely to introduced US tariffs. The official index, which tracks on oil supplies led to accusations by US president strongest since the financial crisis - though it remains weigh on growth in Q3 as the effects of higher borrow- the larger state owned companies, also fell, from 51.3 to Trump that OPEC is “ripping off the world”. Ali Al-Tamimi wins a cash prize of Private sector agrees KD 25,000 at Gulf 10% price cuts as Bank salary draw Turkey steps KUWAIT: Live on the Diwanyat Al-Yaqout & Al- Ansari radio show, Gulf Bank has unveiled the name of the lucky winner of its third quarterly salary up inflation fight account draw of the year. Gulf Bank customer Ali ISTANBUL: Turkey’s private sector has agreed to cut Abdulhameed Haidar Al-Tamimi, has been awarded a prices on its goods by at least 10 percent across the cash prize of KD25,000. board, Finance Minister Berat Albayrak said yester- When informed of the cash prize Ali Abdulhameed day, as he called on businesses to join a national Haidar Al-Tamimi praised the salary account offer, struggle to tame soaring inflation. which is tailored for Kuwaiti customers, and high- Berat Albayrak, President Tayyip Erdogan’s son-in- lighted the unique offers that are available to cus- law, rolled out the measures as part of a “fully fledged tomers transferring salaries through Gulf Bank. fight” against inflation. The announcement appeared to Congratulating the winner, Ahmad Al-Amir, leave financial markets cold, however. The lira weak- Assistant General Manager for External ened slightly as he spoke in Istanbul and was at 6.1484 Communications at Gulf Bank said: “On behalf of the at 1157 GMT, a touch weaker on the day. The currency Bank’s family I would like to congratulate Al-Tamimi transferring their salaries to Gulf Bank or an interest- Existing and new customers, who transfer their has fallen some 40 percent this year, driving up the and wish him all the best. At Gulf Bank we are com- free loan. Customers must have a minimum salary of salaries to Gulf Bank are automatically enrolled in the price of everything from food to fuel and eroding con- mitted to providing our valued and loyal customers KD 500 and be fully eligible for the offer following quarterly draws and have the chance to win valuable fidence in what was once a high-flying emerging mar- with the highest levels of products and services, to their first salary transfer to Gulf Bank. cash prizes, including three quarterly prizes of KD ket. The sell-off has been sparked by deep concern fulfil their needs, meet their desires and when possi- Customers can also enjoy a one year free of charge 25,000, in addition to Kuwait’s largest salary prize of about Erdogan’s influence over monetary policy. ble, help make their dreams come true.” Visa or MasterCard credit card, as well as a chance KD 250,000 in the last draw. The Gulf Bank’s final Investors have said that more interest rate increas- The salary account gives new customers the to apply for loan up to KD 70,000, or a consumer salary draw, for the large prize of KD 250,000, will es, and orthodox policy measures, are needed to rein in inflation, which last month hit its highest in 15 years opportunity to receive either a KD 100 cash gift upon loan up to KD 15,000. be held on 7 February 2019. at nearly 25 percent. “The fight against inflation and for price stability is not a fight that can be conducted by the state and institutions alone,” Albayrak said. The voluntary dis- EXCHANGE RATES count would be reflected in all the goods that make up Turkey’s inflation basket, and prices would be low- Indian Rupee 0.003535 0.004307 ered by a minimum 10 percent until the end of the BAHRAIN EXCHANGE COMPANY WLL Indonesian Rupiah 0.000016 0.000022 Dollarco Exchange Co. Ltd year, he said. The program also included a freeze on Japanese Yen 0.002591 0.002771 Korean Won 0.000258 0.000273 energy prices until year-end and an acceleration of CURRENCY BUYSELL Malaysian Ringgit 0.069665 0.075565 Rate for Transfer Selling Rate VAT rebates. It was not immediately clear how many Europeritish Pound 0.390357 0.404257 Nepalese Rupee 0.002630 0.002970 US Dollar 303.840 Czech Korune 0.005594 0.014694 Pakistan Rupee 0.001839 0.002609 Canadian Dollar 235.215 goods would ultimately be impacted, or how many Danish Krone 0.042913 0.047913 Philippine Peso 0.005445 0.005745 Sterling Pound 400.555 companies would take part, but Albayrak called on Euro 0. 342116 0.355816 Singapore Dollar 0.214705 0.224705 Euro 351.845 Georgian Lari 0.134889 0.134889 Sri Lankan Rupee 0.001523 0.002103 Swiss Frank 304.220 the public to support those that did push through the Hungarian 0.001147 0.001337 Taiwan 0.010438 0.010618 Bahrain Dinar 808.025 price cuts. Norwegian Krone 0.032764 0.037964 Thai Baht 0.008025 10.009475 UAE Dirhams 83.125 Romanian Leu 0.065177 0.082027 Qatari Riyals 84.365 Erdogan has called on Turks to report unusual Russian ruble 0.004592 0.004592 Arab Saudi Riyals 81.920 price hikes in shops, saying it was the government’s Slovakia 0.009090 0.019090 Bahraini Dinar 0.792326 0.808826 Jordanian Dinar 429.830 responsibility to raid the inventories of stores if Swedish Krona 0.029509 0.034509 Egyptian Pound 0.014296 0.020014 Egyptian Pound 16.953 Swiss Franc 0.300102 0.311102 Iranian Riyal 0.000084 0.000085 Sri Lankan Rupees 1.782 necessary. Iraqi Dinar 0.000205 0.000265 Indian Rupees 4.105 The trade ministry said on Monday it had asked Australasia Jordanian Dinar 0.424756 0.433756 Pakistani Rupees 2.327 Australian Dollar 0.206150 0.218150 Kuwaiti Dinar 1.000000 1.000000 Bangladesh Taka 3.630 more than 100 companies to explain what it says New Zealand Dollar 0.189515 0.199015 Lebanese Pound 0.000156 0.000256 Philippines Pesso 5.612 were excessive price increases of goods, in a probe Cyprus pound 18.075 America Moroccan Dirhams 0.022489 0.046489 into suspected price gouging after it inspected more Canadian Dollar 0.228641 0.237641 Omani Riyal 0.783812 0.789492 Japanese Yen 3.685 US Dollars 0.300100 0.305400 Qatar Riyal 0.079266 0.084206 Syrian Pound 1.590 than 69,000 products at nearly 4,000 companies. As US Dollars Mint 0.300600 0.305400 Saudi Riyal 0.080033 0.081333 Nepalese Rupees 2.572 the currency crisis deepened in August, the govern- Syrian Pound 0.001290 0.001510 Malaysian Ringgit 73.945 Asia Tunisian Dinar 0.103781 0.111781 Chinese Yuan Renminbi 44.415 ment made it illegal for companies to arbitrarily Bangladesh Taka 0.002974 0.003775 Turkish Lira 0.043838 0.055338 Thai Bhat 10.230 impose price increases if they were not impacted by a Chinese Yuan 0.042613 0.046113 UAE Dirhams 0.081398 0.083098 Turkish Lira 50.085 Hong Kong Dollar 0.037010 0.039670 Yemeni Riyal 0.000989 0.001069 Singapore dollars 219.884 rise in input costs or the exchange rate. —Reuters Established 1961 13 Business Wednesday, October 10, 2018 NBK-Saudi officially launches Al-Watani Wealth Management Al-Sager: Opportunities are promising in Saudi market KUWAIT: Al-Watani Wealth Management Company, a ed through our CMA license. with its solid future outlook that is strategies aligned with subsidiary of NBK Group, has officially launched its Al-Sager added: “Saudi Arabia is a key growth mar- the objectives of Saudi Vision 2030,” Al-Mutlaq said. operations in the Saudi market, offering investment ket for NBK Group. We have always seen great oppor- Al-Mutlaq also pointed out that Al-Watani Wealth funds management, discretionary portfolios manage- tunities in the Saudi market in line with our regional and Management seeks to build a strong and prominent ment, deal arranging, advisory services, and custody international expansion strategies. Our wealth manage- presence in the Saudi market, while CMA is revising arrangements. Last year, Al-Watani Wealth ment services in KSA is an integral part of NBK and amending the requirements and conditions for issu- Management received necessary approvals from the Group’s strategic objectives to expand its operations in ing licenses as part of an innovative plan aimed to regu- Capital Market Authority of Saudi Arabia (CMA) to the Saudi market and increase its network to three late and develop the financial market, venture capital operate in the local securities sector after it has suc- branches in Riyadh, Jeddah and Dammam.” investments and private equity, in addition to support- cessfully fulfilled all regulatory requirements. Meanwhile, Tariq bin Mutlaq Al-Mutlaq, Chairman of ing the Saudi asset management sector in line with Isam Jassim Al-Sager, NBK Group Chief Executive Al-Watani Wealth Management, said: “We are proud to Saudi Vision 2030. Furthermore, the plan supports Officer, said: “Al-Watani Wealth Management Company launch Al-Watani Wealth Management Company’s Capital Market Authority’s program ‘Financial embarks on its journey in the Saudi market with great activities in the Saudi market as a new welcomed addi- Leadership 2020’, aimed at stimulating investments, potential to serve our clients as it draws from a deep tion to the investment and banking sector offering raising the attractiveness and efficiency of the financial well of expertise and professionalism, building on our unique innovative financial products and services”. market, and enhancing the market’s regional and global Isam Jassim Al-Sager Tariq bin Mutlaq Al-Mutlaq experienced and dedicated team of professionals, as He added that the company seeks to fulfill all the vari- competitiveness. well as our unique technical and financial capabilities ous investment needs of its wide client base including The long, deep-rooted expertise of NBK Group, the markets. The Company’s solid structure and systematic that enable us to source lucrative wealth management individual investors, corporate and Hight Net Worth leading financial institution in the region, firmly stands investment methodology enable it to develop value deals including: fund management, discretionary port- Individuals (HNWI). “I am very confident that the compa- behind the outstanding presence of Al-Watani Wealth added solutions that constantly deliver fully fledged folios, and a wide array of investment activities regulat- ny will provide added value to the Saudi market, backed Management Company in both the local and regional services to its customers.
However Greenspan & Associates, the Former Fed Chair former Fed chairman’s Washington con- sultancy, told AFP the report was untrue. Greenspan survives Greenspan’s wife, NBC News Chief Foreign Affairs Correspondent Andrea Work stalls in small Twitter hoax Mitchell, also took to Twitter to put the WASHINGTON: Famed former US kibosh on all the loose talk. Federal Reserve Chairman Alan “By now you know the rumors are a factories in Gujarat Greenspan is alive and well despite a hoax,” she wrote. “Alan’s doing great. In brief Twitter hoax in which a Nobel- fact, he has a book out next week!” after attacks prize winning economist appeared to Debenedetti is reportedly behind announce his death, Greenspan’s compa- serial false reports of the deaths of world ny said yesterday. figures such as former communist lead- on migrants ers Fidel Castro and Mikhail Gorbachev The Twitter account which had AHMEDABAD/MUMBAI: Mukesh Patel’s factory announced the news quickly claimed the as well as Pope Benedict XVI, Syria’s Bashar al-Assad and British author JK making decorative lights sits eerily silent during what misinformation was in fact the work of should be one of its busiest times of the year. Work at famed Italian hoax artist Tommasso Rowling. “Death works well on Twitter,” a per- the plant in Ahmedabad, the largest city in India’s Debenedetti, who frequently makes pre- western state of Gujarat, has come to a standstill just mature announcements of celebrity son identifying himself as Debenedetti, a school teacher in Rome, told AFP in ahead of India’s crucial festival shopping season as deaths. The social media network briefly dozens of his workers have fled the state. lit up early in the day when an unverified 2013. He said he aimed to “show that In this file photo, former Chairman of the Federal Reserve Alan Greenspan speaks Twitter has become a news agency-the Their departure in recent days followed news of account in the name of Yale University about “Brexit” and the state of the European and US economies during a discus- violence in Gujarat against migrant workers from the economist William Nordhaus announced least reliable in the world.” sion with Bloomberg Government at their offices in Washington, DC. —AFP Meanwhile, yesterday was not the central states of Bihar, Uttar Pradesh and Madhya that Greenspan, 92, had died. Nordhaus, Pradesh. who was awarded the 2018 Nobel Prize first time Greenspan-who in 19 years as Great Recession-had been the subject of after the Federal Reserve hesitated Tens of thousands of them have fled in recent in economics on Monday, was not imme- Fed chairman oversaw a period of eco- exaggerated reports of his demise. before denying a rumor that Greenspan days, and many of the small factories and businesses diately available for comment. nomic boom and stepped down just before the United States headed into the US stocks tumbled in June of 2000 had been killed in a car crash. —AFP they work in have come to a standstill in one of India’s most industrialized of its 29 states. No one knows if or when the workers will come back. “There “Luckily, the German economy is no longer running on “Exports are stagnating. And the worst is probably aren’t enough people, so how will we continue?,” said Weak German trade one or two cylinders but still has solid domestic yet to come. In particular, the trade conflict between Patel, sitting in the reception area of his office oppo- demand to lean on. At least for now.” Household China and the United States will leave its mark in the site his factory building. spending has become an important growth driver in coming 12 months,” he said. “German companies are In addition to businesses, many of Ahmedabad’s suggests meager Germany as consumers are reaping the benefits of too interconnected in the global economy, especially street food stalls are closed because they were most- record employment levels, rising real wages, increased with these two countries, to be free from it.” ly run by people from the three states to the east of growth in Q3 job security and cheap credit due to the euro zone’s Economists are taking an increasingly pessimistic view Gujarat. expansive monetary policy. of the German economy, with the top German insti- The exodus began after the rape of a 14-month- BERLIN: German exports unexpectedly fell in August, The seasonally adjusted trade surplus widened to tutes last month revising down their 2018 growth fore- old girl last month, allegedly by a man from the state data showed yesterday, in a fresh sign that manufactur- 18.3 billion euros ($21.0 billion) in August from 15.9 bil- cast and warning that an escalation of trade friction of Bihar, sparked anger among locals, who threat- ers in Europe’s largest economy shifted into a lower lion in the previous month, the data showed. Germany’s involving the United States could cause a major reces- ened, and in some cases physically attacked, migrant gear over the summer months. wider current account surplus, which measures the sion in Germany and Europe. workers from the three states. No one was killed and The Federal Statistics Office said seasonally adjust- flow of goods, services and investments, rose to 15.3 A source has also told Reuters that the government injuries were relatively minor, but the threats caused ed exports edged down by 0.1 percent on the month, billion euros from 15.1 billion euros in July, unadjusted will revise down its growth forecasts for this year and panic. Local media reports said a speech by an missing a Reuters forecast of a 0.3 percent rise. data showed. The trade figures chimed with data next. The government is expected to announce its opposition party politician, who vowed to take Imports dropped by 2.7 percent, undershooting a pre- released on Monday that showed industrial output updated growth projections tomorrow. revenge for the crime if police did not act, may have dicted 0.2 percent fall. ING economist Carsten Brzeski edging down unexpectedly in August, suggesting the Economy Minister Peter Altmaier said last month stoked some of the violence. blamed the low trade volumes over the summer months German economy lost steam in the third quarter. the economy would grow by around 2.0 percent this Police arrested the man accused of the rape, but on a general weakening of global manufacturing activi- Volker Treier from the DIHK chambers of industry year, plus or minus 0.1 percent. Last year, messages and videos of the threats spread quickly ty and a temporary blip in domestic demand. and commerce said the weak data meant that he would Germany’s gross domestic product expanded by a both via vigilante mobs and social media. Authorities “The traditional German growth engine is stuttering probably have to cut his forecast for 5 percent export calendar-adjusted 2.5 percent, the strongest rate have tried to defuse the crisis - police say nearly 500 once again,” Brzeski said, in reference to exports. growth this year. since 2011. —Reuters people have so far been arrested and charged with rioting, assault and cybercrime, in relation to more than 50 reported offences. But the workers are flee- ing back to their villages despite assurances from IMF says Pakistan business owners and protection from the police. “For more than a week, migrant workers have been leaving the state in jam-packed trains and vans has not approached everyday,” said Shyam Singh Thakur, who heads an association representing migrants. He estimated more than 70,000 workers had fled fund for deal Gujarat since the beginning of the month but said it BALI: The International Monetary Fund said yesterday was difficult to provide any concrete data. Pakistan has not approached the body to begin negoti- On Monday, an express train bound for Uttar ations for a possible bailout to stem a balance of pay- Pradesh from Ahmedabad was full of people going ments crisis, hours after Islamabad announced it will back home because of the violence and the threats. enter talks. Former cricketer Imran Khan’s new adminis- Among them was Trilokinath Chauhan, a welder, tration took office in August vowing to weigh up headed back to his village in the Ballia district of whether to seek an IMF bailout to stabilize its economy Uttar Pradesh, after working for nearly five years in as it sought other avenues of financing. Gujarat. He said a mob of about one hundred people For weeks analysts have warned that a new current threatened him and his friends on Saturday night, account crisis could undermine Pakistan’s currency and asking them to take “the first train out of Gujarat or its ability to repay billions in debts or purchase imports. face the consequences.” Late Monday the country’s finance ministry announced Chauhan and two of his friends decided to leave. that it would begin bailout talks with the IMF. “We’re all very sacred,” he told Reuters on “We have not been formally approached yet,” said Monday morning, sitting in a crowded compartment Maurice Obstfeld, the IMF’s top economist, during the in the Ahmedabad-Lucknow Express. “I don’t know fund’s annual meeting in Bali yesterday. what to do now. I will have to look for a job in the vil- The IMF’s comments added to the appearance of lage or work in the fields,” he said as the train started confusion around the abruptly announced decision. pulling out of the station. Pakistan’s finance minister Asad Umar told the daily Dawn newspaper as late as Saturday that the government Atmosphere of fear had not yet decided whether it would go to the IMF, and ISLAMABAD: A Pakistani dealer counts US dollars at a currency exchange shop in Islamabad yesterday. —AFP The exodus could badly hurt small- and medium- had not sketched out a formal proposal to the fund ahead sized businesses in Gujarat, the home state of Prime of the Bali summit. “We will be listening very, very atten- Minister Narendra Modi, which he ran for 13 years tively when and if they come to us,” said Obstfeld. try’s north. But economists’ warnings have grown Analysts say Pakistan needs a loan of around $12 bil- and pitched as a model for industrialization and “Pakistan is suffering from a number of imbalances: increasingly urgent, and the uncertainty saw the coun- lion to turn the corner, but a diplomat told AFP in growth. The state continues to be governed by his A very large fiscal imbalance. A large current account try’s stock exchange lose 3.4 percent of its value on August that Islamabad is betting on a loan of at least Bharatiya Janata Party. imbalance. They also have a low level of reserves and a Monday. The announcement hours later that Islamabad $6.5 billion to get it through the crisis. In the last two years, many of these businesses had currency that is too rigid and overvalued,” he added. would begin IMF talks sparked a devaluation of the However the US, one of the IMF’s biggest donors, already been stung by a slowdown due to two of the rupee, with the currency trading at 134 for a dollar at has raised fears Pakistan could use any bailout money Modi government’s biggest reforms - demonetization Austerity the official rate on Tuesday, against 124 the day before. to repay mounting loans from China, sparking criticism and the introduction of a nationwide Goods and Khan came to power on an anti-corruption agenda, The drop in the currency’s value shows the govern- from Islamabad. Services Tax (GST). “This will delay production and vowing to build an Islamic welfare state. He has sought ment is willing to take tough measures, said That has also increased fears that the terms of businesses will miss delivery deadlines,” said Atulbhai loans from friendly countries, promised to recover Mohammed Sohail, chief executive of the Topline any IMF program could be more restrictive than in Kapasi, president of the Gujarat State Small Industries funds stolen by corrupt officials, and embarked on a Securities, a Pakistani brokerage house. the past, undercutting Khan’s welfare drive. The Federation, adding that sectors such as textiles, engi- series of populist austerity measures such as auctioning Pakistan has gone to the IMF multiple times since the IMF has also warned the new government that neering, chemicals and pharmaceuticals will suffer the buffalo and luxury cars owned by the prime minister’s late 1980s. The last time was in 2013, when Islamabad growth would likely slow and inflation rise further if most. “This will hurt their profits.” —Reuters house, and crowdfunding to build a dam in the coun- got a $6.6 billion loan to tackle a similar crisis. it does not act fast. —AFP 14 Established 1961 Business Wednesday, October 10, 2018 Comcast faces continued doubts over wisdom of Sky purchase US giant went too far in its stake in Sky
NEW YORK: As it prepares to take control race for growth, particularly over content, to sportscasting rights, its TV series and the of British telecommunications company Sky ensure their survival against the overarching vast film library of Universal Studios. following a tense, months-long bidding war, threat posed by Netflix. “They’re going to have to significantly American cable giant Comcast faces contin- With the acquisition of Sky, Comcast not invest in proprietary content to backfill for ued doubts about its strategy for content and only gains the British company’s library of the potential eventual loss of things like HBO technology-and whether it will pay off. original programming-something Sky spent and Disney and (cable network) Showtime “We wish Comcast had not acquired Sky,” £7 million on this year alone-but also impor- that go directly to consumers,” analyst Craig analysts with the New Street research firm tant sportscasting rights, notably of the Moffett of MoffettNathanson told CNBC. wrote Friday in a note to investors. “We wish English Premier League soccer champi- “They’ve got to do the same pivot that they had walked away” when it became clear onship to the British market. Netflix does,” including “more spending to Comcast would have to pay £30.6 billion But beyond content, “it seems as though ramp production in order to create their own ($40 billion) to beat a rival bid from Rupert they would like investors to forget that it is Netflix, long-term.” Murdoch’s 21st Century Fox for a controlling also a satellite TV provider, and satellite As Comcast and some analysts point out, stake in Sky. New Street was not alone. Most video distribution is increasingly becoming the company and Sky are both cable opera- analysts appear to agree that Comcast went obsolete,” MoffettNathanson analysts said. tors, unlike Disney, Netflix and Amazon. So too far in its fight for control of the British even as many younger people turn away from group, even if it is one of Europe’s most prof- ‘Their own Netflix’ traditional television bundles-whether coming itable and powerful TV companies. In several European countries, Sky now from Comcast by cable or Sky via satellite- “Whether or not they’ve overpaid, you offers the direct online television service they may be able to more than compensate really have to ask: What was the alterna- known as OTT (for Over-The-Top), which through the growth of high-speed Internet tive?” Zach Fuller, an analyst with MIDiA, requires neither a terminal box nor a satellite subscriptions, which offer higher profit mar- told CNBC. “There are so few of these media antenna. While the service is modest for now, gins, several analysts noted. The purchase of British telecom firm Sky by US cable giant Comcast, whose head assets” still available to growth-oriented it could become a major pillar of the business, offices in Philadelphia are seen here, has divided analysts, with many saying the companies like Comcast. said Jeff Wlodarczak, who is both CEO and ‘Benefit of the doubt’ price was simply too high. File photo “This would have been an absolute PR analyst at Pivotal Research Group. With And in contrast to the mid-June purchase disaster for Comcast had the deal not gone in NBCUniversal and Sky, he said, “Comcast of TV and film group Time Warner by cable news sector, with Sky News on the one side repeatedly had to defend its strategic vision their favor,” he added. “They needed to has a more realistic chance of launching a operator AT&T, Comcast and Sky have simi- and on the other NBC News, CNBC, in the face of sometimes harsh criticism, prove that they could grow beyond their US global direct platform in the same vein as lar activities, allowing for greater economies, MSNBC and Euronews (25 percent con- notably when it took control of pay-TV contingent.” Netflix.” the New Street analysts pointed out. They trolled by NBC). NBCUniversal in 2011. “We ought to give In recent years, cable operators and Comcast will join Sky’s programming to also see potential savings on original content. The New Street analysts noted that them the benefit of doubt,” they said, “at least Internet giants have been in an accelerating the firepower of NBCUniversal, with its own Further revenue synergies are possible in the Comcast is no newcomer to the game. It has at the outset.” —AFP
KAMCO Reasearch KFH platinum A decade after sponsor of Arab the global Net Conference KUWAIT: Group Chief Retail and financial crisis Private Banking Officer at Kuwait Finance house (KFH), Waleed KUWAIT: Ten years from the Global Financial Crisis Khaled Mandani said the Bank is (GFC), the global economy has recovered, as nominal continuing its efforts to provide a GDP is slated to grow at a CAGR of 3.2 percent from digital experience for a new gen- $63.72 trillion in 2008 to $87.51 trillion in 2018. eration of customers, providing a Emerging Markets have contributed more than 64 digital banking platform that is percent of the increase over the period, as per our intuitive and simple to use, indicat- analysis of IMF data. ing customer experience will con- Post the stock market crash of 2008, global stock tinue to evolve and Banks need to markets erased losses and almost doubled over the keep their fingers on the pulse and next 10 years, as the market cap of global equities adapt to the changing needs of Waleed Mandani grew by 93 percent from $41.45 trillion in Sept-2008 customers and the market. to $80.13 trillion in Sept-2018. The nominal GDP of Mandani’s statement was made during his keynote speech at GCC economies is set to grow to $1.6 trillion in 2018 ArabNet Kuwait 2018 forum held at AlRaya Ballroom to explore from $1.2 trillion in 2008, despite being confronted trends in financial technology “Fintech” and the transformations creat- by the changing landscape in oil markets and oil ed by big data, blockchain, Artificial Intelligence “AI” and the practical price volatility. opportunities available for banks and financial services providers. While in 2008, the region’s oil revenues were more He added: “We have been particularly busy in the past year over in market status and feature in global index compilers. ance sheets, that have strengthened over time espe- all fronts: with Artificial Intelligence, we launched two major initia- driven by global demand, now in 2018 supply side IPO market activity in the region dwindled in 2017 as cially due to higher oil revenues, a significant tives: Robotics Process Automation with Ernst & Young and AI-pow- economics remain the most important talking point. capital raised reached $3.2 billion, down 71 percent increase in project activity and healthy economic ered Chatbot with Microsoft Azure. With Blockchain, KFH initiated a Initiatives to shore up fiscal balances and transform from activity in 2008. On the other hand, capital rais- activity. Private sector deposits have increased at an landmark agreement with RippleNet for remittance services, and the economies in the GCC are now paramount, as the fis- ing activity through debt issuances stands more than average rate of 7.3 percent over the past 10 years first in Kuwait successful PILOT transaction conducted recently, in cal breakeven oil price of major oil producers in the 6.8x from 2008 to reach around $123 billion in 2017, while lending has grown at 6.2 percent. Total banking addition to other initiatives to be announced soon leveraging region (Saudi Arabia, Kuwait, UAE, Qatar) are higher led by sovereign issuances of bonds and sukuks. This assets have increased by 74 percent since the finan- Blockchain technology. With Payments, KFH launched first combined by 120 percent on average. increase has been instrumental in creating secondary cial crisis. Visa - Mastercard wallet in the region, Visa Checkout - first in GCC equity markets also improved from their lows yield curve benchmarks and drove corporates to Real estate markets in the region that witnessed Kuwait - card-on-file solution to simplify the checkout experience, of 2008, as total GCC market capitalization in Sept- issue more conventional and Islamic debt instruments. massive oversupply concerns in 2008 in both resi- and Centralized SWIFT network across KFH Group. With 2018 is higher by over 68 percent at $1.03 trillion Also, benchmark interest rates in the region in 2018 dential and corporate office segments have seen Digitization, KFH launched a branch-in-a-box technology XTM to compared $0.61 trillion in Sept-2008. However, trad- remain more accommodative than ten years ago, mixed trends. Select markets in the region have provide round the clock service to customers, with live video interac- ing activity has progressively declined, as value trad- despite policy adherence to rate hikes in the US, recently started witnessing downward pressure on tions and transactions. Also, KFH Bahrain launched Jazeel platform ed on GCC indices fell from over $855 billion in 2008 while USD pegs followed by most GCC currencies prices and rents. Prime office rents in the region in that enables customers to open a banking account within minutes to $304 billion in 2017. We expect trading activity to remain intact. 2018 are still 40 percent-50 percent lower than peak without visiting branches.” improve from 2019 onwards from higher passive and Major sectors in the GCC, such as Banking and levels of 2008, while rents of 2-BR residential apart- Mandani reflect on the challenges ahead explaining that technol- active flows from regional mandates, especially in Real Estate witnessed mixed trends 10 years from ments in the region, barring Kuwait, are down by over ogy is no longer the issue: the future is here but it is unevenly distrib- uted. He pointed out that the real issue is on finding the agility in Saudi Arabia and Kuwait, as indices witness upgrades 2008. GCC banks continue to maintain strong bal- 40 percent from a decade ago. banking in adopting the new technologies through a radical change of mindsets and skillsets in the organization, and through creating the bund balloons. “In the face of a financial crisis, the govern- said he wanted to lower the tone with Brussels. right internal structure and infrastructure to partner successfully Italy’s Tria calls for ment will do what it must do, as (ECB president Mario) “There will now be a constructive discussion with Europe with Fintechs. He reiterated that customer experience continues to be Draghi did,” Tria added, referring to a promise the central to show the well-founded reasons for this government’s the primary force behind most of the changes we are witnessing. The bank chief had made in 2012 to do whatever it took to save growth strategy,” he said. Underscoring the anxiety in standards keep getting higher so that we need to continue coping ‘constructive dialogue’ the euro currency. His words failed to reassure the market, Europe, European Commission Vice President Jyrki Katainen with the global customer-obsessed institutions such as Apples, with 10-year yields hitting a 4-1/2 year high, pushing the told reporters yesterday that Italy was highly vulnerable. Google, and Amazon etc. with EU over budget premium investors demand for holding the bonds over top- “We are concerned that Italy will present totally unrealis- He said: “In parallel, we continue to see several trends unfolding rated Germany paper to around 312 basis points, its widest in tic fiscal targets or growth projections, and that negotiations locally, regionally, and even globally: The First trend is Regulation, ROME: Italy will do whatever is necessary to restore calm if five years. will prove very difficult,” he said in Helsinki. The government where the Central Bank of Kuwait issues the regulation for Electronic market turbulence turns into a financial crisis, Economy The European Commission warned last week that Italy’s says its expansive budget will boost growth and it has tar- Payments to put much-needed discipline in the payments world. We Minister Giovanni Tria said yesterday, calling for more meas- deficit plans represented “a significant deviation from the geted output of 1.5 percent next year, which is strong by have also seen regional regulation come out regulating token sales, ured debate over government budget plans. The coalition last fiscal path recommended by the Council”. Italy’s chronically sluggish standards, 1.6 percent in 2020 and Telco/banking licensing, wallets, etc... the regulatory scene continues week set a deficit target of 2.4 percent of economic output The leaders of the two ruling parties, Luigi Di Maio and 1.4 percent in 2021. to be very dynamic and very pivotal in determining the direction of for 2019, tripling the previous goal for the heavily indebted Matteo Salvini, denounced the Commission position and said “These targets are prudent,” said Tria, brushing off the markets and more importantly in protecting consumers from nation, unnerving investors and prompting sharp criticism they would not backtrack on their spending plans, including widespread criticism from independent analysts who have loose technologies. This builds more trust and confidence in digital from the European Commission. tax cuts and a significant boost in welfare. Tria, who is a uni- said they were overly optimistic. “(We will) significantly technology. The second trend is Digitization: Today, we see digital go Addressing a parliamentary commission, Tria said fears versity professor and is not affiliated to either coalition par- reduce, within the first two years of this legislature, the deeper within organizations into the strongholds of operations, com- over next year’s budget plan were unjustified. However, he ty, said the strategy adopted by previous governments to growth gap with the eurozone and bring about the first sig- pliance, and other back-office functions. said the government would act if the spread between its contain debt had not been efficient, adding that Italy needed nificant decrease in the debt ratio over the next three The third trend is Artificial Intelligence (AI): not just with robots benchmark 10-year bond yield and the equivalent German to do more to boost growth and employment. However, he years,” Tria said. —Reuters winning chess or “Go” games against humans, but in artificial intelli- gence starting to take a large role in the everyday tasks of work, not in factory lines but in banks, front-office and back-office. pitality sector primarily funded the extra spending. have had mixed results to date were announced includ- The fourth trend is Blockchain: not bitcoin, not litecoin, not mon- Ireland boosts war chest That allowed the government to keep giving workers ing a 300 million euro loan scheme for small and medi- ero... but true “Distributed Ledger Technology”... in the past year, we a small annual tax break it has promised to continue in um sized businesses and the agriculture and food sec- have seen distributed apps, blockchain cases applied to storage, in budget but remains future budgets, reverse welfare cuts imposed during a tors to invest in future growth. remittance, and many other exotic applications. As this technology series of savage austerity budgets a decade ago and Donohoe said the best preparation for Brexit was gains more understanding of users, banks and regulators, the imple- cautious over Brexit boost infrastructure spending. responsible budgeting and he intends to balance the mentations are starting to emerge globally. “The shared progress we have made is real. state’s books for the first time in more than a decade Mandani said that the last but not least trend is Payments which is DUBLIN: Ireland’s finance minister boosted the coun- However, the risks and challenges that we now face are next year, an improvement on the tiny deficit originally much closer to consumers’ everyday life, saying “we have seen signif- try’s war chest by raising extra revenue for the second equally real,” Donohoe told parliament in a speech that planned but still not the surplus the central bank says icant developments in the payment space, with Contactless and NFC solidly growing in Kuwait, Tokenization becoming a standard topic in budget in a row, amid warnings from the state’s fiscal also struck a tone of caution around neighboring should already be running. payment discussions, Apple Pay coming to the region, and hopefully watchdog that the booming economy does not need Britain. The state’s independent fiscal watchdog, set up in “Brexit, the outcome of which is still unclear, edges response to the years of reckless spending that left the soon to Kuwait and other markets in the GCC, Combined and con- such additional stimulus. verged wallets launched by the local banks, not to mention the Having already pre-committed 2.6 billion euros on closer each day. Increasing trade barriers are raising Irish exchequer massively exposed when the 2008 the specter of protectionism and the international tax financial crisis hit, voiced concerns ahead of the budget Wearable experiments. Mandani said that ArabNet forum is very increased public sector and planned infrastructure significant because it forces us to take a step back and have a wider spending for next year, Paschal Donohoe, in the annual landscape is changing rapidly.” over what its chairman has called the “not very good Donohoe said the government’s “central case” is that budgetary practice” of recent years. look at where we stand in our constantly changing world, and it is budget speech, almost doubled the remaining pot to 1.5 only in such moments that we realize how truly fast our world is a Brexit deal will be reached in the coming weeks It is particularly worried by successive years of billion euros to dish out on further tax cuts and spend- changing, and how many forces are shaping the banking world. ing increases. between Britain and the European Union, but that the spending coming in over budget, with this year’s 700 It is worth noting that Arab Net is one of the biggest and most With an election potentially looming and the fast possibility of a no deal outcome had influenced the million euro or 4.5 percent estimated overrun in the targeted to tech startups. It brings together top investors, and other growing economy exacerbating deficits in areas such as financial decisions made. health service equivalent to almost the entire budget potential partners working in the same industry in addition to entre- housing, a scrapping of a reduced VAT rate for the hos- A further round of “Brexit-proofing” measures that day spending package laid out a year ago. —Reuters preneurs and financial experts. 15 Health & Science Wednesday, October 10, 2018 Ooredoo participates in Electronic Declaration of Judicial Papers Electronic Declaration to save time; minimize errors, delays
KUWAIT CITY, Kuwait: Ooredoo Kuwait participated collaborations with other government entities to have an with the Ministry of Justice in inaugurating Phase 3 of the active role in propelling Kuwait towards embracing the Electronic Declaration of Judicial Papers, which took place internet of the future,” he added. By adopting the new last week at the Ministry of Justice headquarters. The system, Ooredoo Kuwait’s legal department will be able event was held under the auspices of Kuwait’s Minister of Justice, Awqaf and Islamic Affairs Dr. Fahad Al Afasi. Ooredoo’s participation in this initiative comes to fur- ther solidify the leading telecom service provider’s position as a leading partner for public-private partnerships. The Electronic Declaration of Judicial Papers, launched by the Enrich people’s Ministry of Justice, aims to digitalize, simplify, and stream- line processes, sending court notifications to participating lives through private sector entities electronically to save time, ensure efficiency, and contribute to minimizing errors and delays. digitalization Commenting on the company’s contribution to this ini- tiative, Ooredoo Kuwait’s Chief Corporate Legal and Regulatory Affairs Officer Dr. Yousef Al-Sellili said: “We at Ooredoo Kuwait are proud to be among the early adopters of the latest technologies, as part of our ongoing efforts to embrace digitalization across the organization. to handle and track legal and judicial cases with speed We are also very happy to join the Ministry of Justice in and efficacy. Additionally, the speed of the new system this ambitious initiative. Our participation stems from our allows the company to categorize legal proceedings and deep-rooted belief in caring, connecting, and challenging, identify any flaws to prevent them in the future, which is and is in alignment with our mission to enrich people’s considered an initial stage on applying the Electronic lives through digitalization.” “We look forward to further Court system.
Canon raises funds . to support two Mimecast to educational programs showcase
KUWAIT: Canon, a provider of imaging technologies and importance of services, raised AED 250,000 to support two educational programs, one in the Middle East and a second in Africa. human firewall The funds were raised through sponsors, and the general public who participated in the Canon Day of Giving fundraising event which was recently held at Zaabeel Park at GITEX in partnership with Dubai Cares. Canon Day of Giving, which was entirely manpowered by Canon employees, attracted 1200 visitors from across DUBAI: Mimecast Limited (NASDAQ: MIME), a the UAE who supported the fundraising by purchasing leading email and data security company, will coupon booklets to participate in the event’s activities showcase its new cybersecurity awareness capa- which included a Talent Show, gaming tents with prizes, a bilities at GITEX kids’ play area, Canon’s own Creative Park arts and crafts Technology Week 2018. station, as well as a Canon Academy Workshop. The event Following the acquisition also held raffle draws for a variety of valuable prizes of Ataata in July, the granted by the event’s sponsors and partners. company will use the Mai Youssef, Corporate Communications and region’s largest technol- Marketing Services Director, Canon Middle East and ogy show to introduce Canon Central and North Africa, said: “We set a target and His Excellency Tariq Al Gurg, Chief Executive Officer at accessed by the parents to supplement the learning at IT decision makers to its we achieved it together. I am grateful for all the visitors Dubai Cares said: “We are grateful for Canon and mem- home. In Africa, the funds raised will support an newest offering, and families who came to participate to support this initia- bers of the UAE community for their generous contribu- Enhanced Early Years Pre-Service Teacher Training pro- MimecastSM Awareness tive; their kindness is immeasurable. At Canon we believe tion aimed at supporting Dubai Cares’ mission. We hope gram in Ghana for the duration of three years. The in the philosophy of ‘Kyosei,’ which means living and that this joint initiative will be a step towards improving demand for qualified teachers is increasing across Ghana Training. The service is working together for the common good, and this was duly access to and quality of education for thousands of chil- as enrolment rises, and teachers represent a vital link to designed to offer memo- demonstrated by the community during the event.” dren in the Middle East and Africa. We look forward to improving the quality of education provided to children. rable training content, “Supporting education and personal development ini- building on our mutual ambition to support underprivi- The program will upgrade existing kindergarten class- risk scoring and real- Jeff Ogden tiatives is at the core of Canon’s work in the communities leged children and young people to realize their full poten- rooms through training and learning resources to support world simulation attack in which we operate. Our aim through this initiative in tial and shape the development of their communities.” the teachers deliver higher quality, fact-based learning in scenarios. partnership with Dubai Cares, is to give as many children In the Middle East, the funds raised will support a two- the classroom. According to Mimecast’s State of Email Security as possible the opportunity to exercise their right to year Early Childhood Development program in Jordan Canon was honored to have several sponsors and part- 2018 Report, 90 percent of organizations have seen receive quality education at an early age and to nurture aimed at Syrian refugees. Jordan currently hosts the sec- ners as a part of this important initiative to support quality phishing attacks increase or stay the same over the their love of learning through to adulthood. Canon will ond largest number of Syrian refugees in the world, and education for children. The Canon Day of Giving Gold last year, yet only 11 percent of respondents contin- continue to promote educational initiatives in the region to the access to education is limited, especially in the age sponsors were National Store, Mitsumi and Jamaica Trading uously train employees on how to spot cyberat- support the growth and development of the next genera- group 5-6 years old. The Early Childhood Development Company, Dubai Internet City, Art Plus and Digital Color tacks. At GITEX, Mimecast will focus on why tion of professionals, educators, leaders, scientists, engi- program will provide children aged 5-6 access to safe, Print. Lovin Dubai was the media sponsor while Mashreq building an effective human firewall is a vital com- neers, artists, and more,” added Youssef. early years education that is supported by education Bank was the event’s bank partner. Canon Day of Giving ponent of any cyber resilience strategy. Speaking about the success of the Canon Giving Day, technology through mobile applications which can be was organized and powered by Max Events Dubai. MimecastSM Awareness Training is designed to reduce human error in the workplace and help enable organizations to become more secure by changing the security culture of their employees. Meet Latifa, aka ButterFly At GITEX, visitors will learn how they can improve GOSH introduces Born to fly their defenses by measuring cyber risk training Latifa is a bright and bubbly 12-year- effectiveness and converting behavior observations old from Kuwait who has always yearned into actionable risk metrics. The addition of securi- superhope to fly. Latifa came to Great Ormond Street Hospital for Children (GOSH) in London ty awareness training, risk scoring and analysis to league with her grandmother in 2010. Ever since, Mimecast’s portfolio, strengthens the company’s Latifa has spent the past eight years at the cyber resilience for email capabilities. hospital receiving treatment for her condi- “Human error is involved in the vast majority of LONDON: United by hope and fuelled by tion. Latifa and her grandmother hope to security breaches, yet ineffective security aware- their passion to help others, AJ-Force, return home in December at the end of ness training remains an issue across the Middle DarkGadget, SaMagic, ButterFly, many years of successful treatment. East region. Securely operating a business in the Flowergirl and ReFroze have teamed up to With a love for butterflies, she hoped cloud requires new levels of IT preparedness and form the mighty GOSHxSuperhope league; one day she could follow them and fly high. educating employees to be cyber-aware is key to marking a new era for the world of super- At first, during her time at GOSH, Latifa an effective cyber resilience strategy,” says Jeff heroes. With AJ-Force’s tremendous ener- was shy but over the years, her confidence Ogden, general manager Mimecast Middle East. “At gy, ButterFly’s ability to soar the skies, grew and Latifa metamorphosed into a GITEX we hope to educate visitors about how DarkGadget’s indestructible shield tech- tenacious, strong and optimistic young girl. awareness training shouldn’t simply be a check box nology, Flowergirl’s awesome flower power, This is where Latifa’s alter-ego ‘ButterFly’ action but entrenched in an organization’s culture, SaMagic’s amazing wizardry and ReFroze’s came to life. As well as being able to soar so it changes employee behavior.” cool ice magic; together, they form the through the skies, ButterFly is able to com- Additionally, Kirsty Kelly, threat intelligence most incredible force for good our planet mand a flutter of butterflies with just one analyst at Mimecast will address delegates of the has ever known. With their unique powers single clap. With the help of her butterfly Vertical Days conference about cyber resilience for and inspiring positive mental attitude, they friends, ButterFly is able to spread happi- email in the banking and finance sector. In addition offer a new hope to children from across ness and encouragement to other children to discussing the role effective training and risk the world. with similar conditions scoring can play in improving an organization’s Speaking about bringing Superhope to “Superhope has had a positive effect defenses, Kelly will explain the importance of life and the friendships made during the on Latifa and her family,” explains Latifa’s embracing a cyber resilience strategy meaning campaign, Emma Hedges, Hematology and grandmother adding, “Latifa needs some- holistically protecting a business with comprehen- Oncology Trainee Advanced Nurse thing to encourage herself and I can feel sive security controls before, continuity during, and Practitioner specializing in pediatric can- this event make her so happy. In the pho- automated recovery after a cyberattack. cer, said: “Aysha, Latifa and Retaj are my to, she is like a butterfly queen, very three musketeers! They are all being treat- Mimecast experts will also perform a series of beautiful! Thank you so much for organiz- live hacks that demonstrate the importance of user ed for very similar conditions, although ing this event.” Latifa and Retaj needed further treatment. awareness and show why organizations need to implement adequate protection against advanced The three of them have bought the staff so things enchanted. Although being at hospi- form her surroundings into a winter won- Meet Retaj, aka ReFroze cyberattacks, like spear-phishing and imperson- much joy with their individual personalities, The coolest superhero yet tal is far from a fairy-tale for any child, derland that all can enjoy. ation fraud. that I thought this could be something for Ever since Retaj was born in Kuwait Retaj still manages to keep her enthusiasm During Superhope, Retaj was an outpa- “In addition to the conference speaking slot and them to focus on away from their hospital almost eight years ago, she has blessed the for life and imagination alive with the help tient and had to visit the hospital for the daily live hacks, Mimecast security experts will visits and treatment.” world with her smiles and laughter. The of her family and GOSH nurses and doc- appointments at least once a week, some- “It has been a pleasure and a privilege magical twinkle in Retaj’s eyes still contin- tors. This is where Retaj’s unique ice power times more often, for many months. be available to discuss the evolving threat land- to be involved in the care of these two ues to glisten, despite first coming to came to life and her ice princess alter-ego Superhope gave her the opportunity to scape and explain why organizations in all sectors delightful girls, Retaj and Latifa. Their fam- GOSH in 2012 and returning again in 2017 ‘ReFroze’ was born. focus on something exciting while she had need to rethink their approach to cybersecurity,” ilies have shown such dedication in bring- for treatment for neurofibromatosis type 1 ReFroze has the warmest of hearts, yet to come to the hospital. “It is a beautiful added Ogden. ing them to the UK and supporting them (NF1), a genetic condition that caused a her power is as cool as can be. Even during event for us and Retaj was so excited and Mimecast is exhibiting at Sheikh Rashid Hall, through their treatment at GOSH. We are tumor to grow near her optic nerve. She is the darkest and snowiest of days in happy!” said Retaj’s mom adding, “She felt Stand E-10 and on the stands of key channel part- all thrilled that they are doing well on courageous and brave, with a strong com- London, Retaj can still see the true beauty so proud that she could be an ice princess ners in the region, Redington Gulf, Bulwark treatment and will be returning to Kuwait passion for people. of ice by creating the most mesmerizing ice and she kept talking about that for several Technologies and ixtel Technologies. Live hacks soon for ongoing surveillance,” said Dr Whilst at Great Ormond Street Hospital sculptures. Whether she’s in London or days.” “I loved the Superhope experience will take place daily on Mimecast and channel part- Antony Mickalski, Consultant Pediatric for Children (GOSH) in London, Retaj Kuwait, ReFroze thrills and dazzles her and I am very happy and excited! I want to ner stands and on the X-Labs stage. Oncologist at GOSH. spoke of her love for superpowers and all friends with her magical ability to trans- do it again,” Retaj said. 16 Wednesday, October 10, 2018
ian & N ege s- S lty in Microscopic Ear Surger , implant & Ear diseases