THULQADA 4, 1439 AH TUESDAY, JULY 17, 2018
Max 47º 28 Pages Min 35º 150 Fils Established 1961
ISSUE NO: 17584 The First Daily in the Arabian Gulf www.kuwaittimes.net
Govt assigns economic committee to Eritrea reopens embassy in Long-absent Syrian expats in Ronaldo greets Juventus fans, 2 implement agreements with China 6 Addis in fresh sign of thaw 7 emotional visit home from US 28 sparks Champions League dreams
Kuwait’s senior security, military chiefs hold coordinative meeting MP urges govt to treat bedoons like immigrants in France
By B Izzak and Agencies Al-Sabah, Assistant Chief of Staff for Operations and Planning Brig Gen Mohammed Al-Kandari, MoI’s KUWAIT: Kuwait’s defense ministry, interior ministry Assistant Undersecretary for Operations Maj-Gen and national guard held a coordination meeting yester- Jamal Al-Sayegh and a number of high-ranking military day at the Operations and Planning Authority to discuss officials. joint cooperation to address regional conditions. The Separately, MP Saleh Ashour yesterday urged the defense ministry’s directorate of moral guidance and government to benefit from employing thousands of public relations said in a statement that the joint meet- stateless people or bedoons, recalling the example of ing depicted the joint and ongoing cooperation how naturalized African immigrants won the World Cup between the security and military establishments for for France. “France won the World Cup thanks to natu- the service of homeland security and citizens. ralized Africans. Here we have hundreds of doctors, The meeting was attended by Chief of the General engineers, teachers, technicians and administrators Staff of the Kuwaiti Army Lt-Gen Mohammad Khaled from the bedoons but they are not being employed to Al-Khodr, Interior Ministry’s Acting Undersecretary Lt benefit the country. This is unfair,” Ashour wrote on his Gen Essam Al-Nahham and Head of Operations and Twitter account. He also questioned the “wrong policy” KUWAIT: Senior defense ministry, interior ministry and national guard officials hold a coordination meeting yesterday. — KUNA Planning at the National Guard Maj Gen Faleh Shujaa, being adopted by the government over the bedoons. the statement added. The security and military officers There are around 120,000 bedoons living in Kuwait Meanwhile, liberal MP Omar Al-Tabtabaei yesterday reaction to corruption scandals. briefed the meeting on the latest precautionary meas- who claim the right to Kuwaiti citizenship. The govern- called for a solution that is in line with the constitution The lawmaker called for resolving the issue by clos- ures and steps taken to tackle the latest regional devel- ment says that a majority of the bedoons or their over the jailing of opposition MPs and activists who ing this chapter to strengthen domestic stability and opments. They examined common plans, missions and ancestors arrived from other countries and destroyed were convicted of storming the National Assembly national unity amid destabilization factors in the region. joint training programs as well as coordination mecha- their identification documents to claim the right to citi- building around seven years ago. Tabtabaei said the Tabtabaei said he totally respects the Kuwaiti judiciary nisms, it said. zenship. The government however admits that around lawmakers and activists had been sentenced to jail for and its verdicts but called for a solution under the Taking part in the coordinative meeting were 34,000 of the bedoons qualify for consideration for cit- their political positions and after fighting corruption, Kuwaiti constitution in a bid to prevent any unwanted Deputy Chief of Staff Gen Sheikh Abdullah Al-Nawaf izenship while the rest have no right. adding that their action of entering the Assembly was a negative consequences.
tion by special counsel Robert Mueller had News in brief Trump, Putin been a “disaster” for the United States. Trump again denied any collusion KFH, AUB mull possible merger between his campaign and the Kremlin, tout reset in while Putin insisted: “The Russian state has KUWAIT: Kuwait Finance House (KFH) has invited never interfered and is not planning to Bahrain’s Ahli United Bank (AUB) to sign a memo- ties at summit interfere in the USA’s internal affairs.” The randum of understanding and non-disclosure US leader, bent on forging a personal bond agreement to pursue strategic opportunities for HELSINKI: Presidents Donald Trump with the Kremlin chief despite the election global growth and expansion. The deal, if confirmed, and Vladimir Putin vowed a fresh start to allegations, went into the summit blaming aims to establish a new banking entity that will troubled relations between the world’s the “stupidity” of his predecessors for accommodate the rapid developments in the world greatest nuclear powers at their first sum- plunging ties to their present low. banking industry, KFH said in a statement posted on mit yesterday, as the American leader Afterwards, both men were determined to Kuwait Stock Exchange’s (Boursa Kuwait) official rejected a chance to condemn Moscow’s accentuate the positive. “Our relationship website. Meanwhile, the Bahraini bank released a alleged manipulation of US elections. The has never been worse than it is now. statement confirming that it has received the offer. US and Russian leaders came out of their However, that changed as of about four KFH said that it would provide further updates on meeting in Helsinki expressing a desire to hours ago. I really believe that,” Trump the matter in due course. — KUNA cooperate on global challenges, after talks said, vowing the summit was “only the on an array of issues from Syria, Ukraine beginning”. and China to trade tariffs and the size of Putin said: “It is obvious to everyone HELSINKI: Russian President Vladimir Putin (right) and US President Donald Trump their nuclear arsenals. that bilateral ties are going through a diffi- shake hands before a meeting yesterday. — AFP Standing alongside Putin at a joint news cult period. However there are no objective conference, Trump said he had “spent a reasons for these difficulties, the current Many in Washington were agog at Moscow’s alleged hacking of Democratic great deal of time talking about” election tense atmosphere.” Praising the “frank and Trump’s decision to sit alone with Putin, emails in a bid to drive Trump to victory. meddling, without going into detail or business-like atmosphere” of the summit, worried about what he might bargain But Trump, convinced his unique explicitly condemning any interference, the Russian leader said he considered the away to the former KGB spymaster, after brand of diplomacy could make inroads after 12 Russian agents were indicted in talks “very successful and useful”. The two previously cosying up to the autocratic with Putin, pressed ahead and looked the United States. Rather, when pressed leaders met one-on-one for more than two leaders of China and North Korea. forward to “having an extraordinary ISTANBUL: Ebru Ozkan (left) arrives at Ataturk about the verdict of his own intelligence hours in the Finnish capital for the historic Indeed, some domestic critics wanted relationship” as the pair sat down to dis- Airport yesterday after she was released by an chiefs, Trump stressed that Putin had deliv- summit, with just their interpreters present, the Helsinki summit called off entirely, cuss the global hotspots. Putin, basking Israeli court. — AFP ered a “powerful” denial of any Russian before they were joined by their national after the 12 Russians were indicted by in congratulations from Trump and other vote meddling and said the US investiga- security teams. Mueller under a long-running probe into Continued on Page 24 Israel frees Turkish woman locals told AFP they fear is a deliberate JERUSALEM: Israel has released a Turkish move to eradicate Islam, the atheist rul- woman who had been arrested while visiting on a Muslims in ing Communist Party has banned minors Mogherini: We share a tourist visa and accused of helping the Palestinian under 16 from religious activity or study militant group Hamas, in a case that angered China fear in Linxia, a deeply Islamic region in common vision with Kuwait Ankara, Israel and her lawyer said yesterday. western China that had offered a haven BRUSSELS: European Union High Turkey threatened retaliation after Ebru Ozkan’s of comparative religious freedom for the detention last month. Ozkan, 27, arrived overnight eradication Representative Federica Mogherini ethnic Hui Muslims there. yesterday described her meeting with on a scheduled flight from Tel Aviv, the state-run China governs Xinjiang, another Anadolu news agency said. President Recep Tayyip Sheikh Sabah Al-Khaled Al-Hamad Al- of Islam majority Muslim region in its far west, Sabah, Kuwait’s Deputy Prime Erdogan has already called Ozkan to pass on his LINXIA, China: Green-domed mosques with an iron fist to weed out what it calls best wishes after her return, said his spokesman Minister and Minister of Foreign still dominate the skyline of China’s “religious extremism” and “separatism” Affairs, in Brussels on Friday as “excel- Ibrahim Kalin, describing her incarceration as “Little Makkah”, but they have under- in the wake of deadly unrest, throwing “unfounded”. Anadlou quoted Ozkan, upon landing, lent” and announced that the 28-mem- gone a profound change - no longer do ethnic Uighurs into shadowy re-educa- ber bloc will open an embassy in as thanking Erdogan for having been “kind enough boys flit through their stone courtyards tion camps without due process for to be very interested in my case”. — Agencies Kuwait. “We had an excellent meeting en route to classes and prayers. In what Continued on Page 24 with the foreign minister of Kuwait as always. It is a country with whom we share a common vision in the region Indian woman gang-raped, killed and in international work,” she told NEW DELHI: Indian police arrested two men yes- reporters ahead of a meeting of EU terday over the gang rape and burning to death of a foreign ministers in Brussels. woman, the latest shocking crime against females in “By the way, Kuwait is doing an BRUSSELS: EU High Representative the country, officials said. Five men allegedly took it in excellent work in the Security Council. Federica Mogherini talks to reporters turns to rape the woman after barging into her home We are cooperating closely with them. yesterday. — KUNA early on Saturday, before dragging her to a Hindu I announced to the foreign minister temple where they burned her to death in the north- our intention to open a European made by US President Donald Trump ern state of Uttar Pradesh. Initial investigations found Union delegation (embassy) in the that the EU is a foe of the US, the men, who are members of the same extended country. So good news. And to Mohgerini replied that “US is for sure family as the victim and from the same locality, were strengthen more our cooperation,” a friend and partner. Change in the “annoyed” with the 35-year-old for meeting a partic- declared the EU foreign policy chief. administration does not change friend- ular man, local police chief Radhey Mohan Bhardwaj “It is going to be very important as we ship with countries and people.” said. Police said the mother-of-two revealed the iden- need friends and partners and we are Mogherini added that she will brief the tities of the accused to her husband over the phone cultivating friendships in a very con- EU ministers on her visit to Libya on after the alleged rape and before they took her to the GUANHE, China: This picture taken on Feb 27, 2018 shows ethnic Hui Muslim men sistent manner,” she added. Saturday, and discuss the situation in nearby temple and murdered her. — AFP arriving at a mosque in this city in China’s Gansu province. — AFP In reply to a question on comments North Korea. — KUNA 2 Tuesday, July 17, 2018 Local Crown Prince meets National Security chief Deputy FM discusses bilateral relations with Indian envoy
KUWAIT: His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received yester- day at Seif Palace President of the National Security Bureau Sheikh Thamer Ali Sabah Al-Salem Al-Sabah. Separately, Kuwait’s Deputy Foreign Minister Khaled Al-Jarallah met yes- terday with India’s Ambassador to Kuwait K Jeeva Sagar to discuss bilateral relations and recent regional and global developments. The talks were attended by Director of Undersecretary Office Ayham Al-Omar. — KUNA
KUWAIT: His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al- Sabah meets with President of the National Security Bureau Sheikh Thamer Ali Kuwaiti Deputy Foreign Minister Khaled Al-Jarallah meets with India’s Ambassador to Kuwait K Jeeva Sagar. Sabah Al-Salem Al-Sabah. — KUNA
between His Highness the Amir and Chinese President Regulatory Authority. The MoU aims at exchanging Govt assigns Xi Jinping, which focused on establishment of strategic expertise in strategic planning for smart cities, and pro- partnership. The two countries signed seven agree- viding state-of-art designs, consultations, communica- ments during the visit. His Highness the Amir also par- tions’ application in Mubarak Al-Kabeer Port. committee to ticipated in the China-Arab Cooperation Forum. The On the other hand, the Cabinet took note of His Minister signs two countries signed a memorandum of understanding Highness the Amir’s speech at China-Arab Cooperation implement (MoU) on consultation and coordination over regional Forum, where he emphasized on improving joint coop- contract for roads, and international issues, as well as boosting strategic eration to achieve genuine partnership. President Xi collaboration on Belt and Road Initiative to honor said the Arab countries were a true partner for the Belt China agreements Kuwait’s 2035 vision. They signed a protocol on and Road Initiative. bridges completion defense industry, aimed at promoting cooperation in purchase and transfer of equipment, spare-parts and Anti-IS meeting KUWAIT: The Cabinet yesterday assigned its economic raw materials related to weaponry and technology, joint Meanwhile, Sheikh Sabah Al-Khaled briefed the committee to implement recent agreements signed with China without delay, while urging private sector to make research and development, and providing logistic and Cabinet about outcome of a meeting of the Global use of positive opportunities of these deals. The technical support for military equipment. Coalition to Counter the so-called Islamic State (IS), Cabinet’s meeting, chaired by Acting Prime Minister and They signed framework agreement for cooperation which took place at NATO headquarters. Sheikh Sabah Foreign Minister Sheikh Sabah Khaled Al-Hamad Al- in planning for the Silk City, five islands of Kuwait, ener- Al-Khaled said participants discussed means of boost- Sabah at Seif Palace, said the private sector should “deal gy, transport infrastructure, and improving domestic ing cooperation among coalition members to confront in a positive and serious manner with outcome” of the and regional transport networks. Kuwait and China IS, Saleh said in a statement. agreements in a drive to have common benefits, Deputy signed e-commerce agreement to encourage sustain- Sheikh Sabah Al-Khaled said this cooperation ulti- Premier and Minister of State for Cabinet Affairs Anas able development, explore possible e-commerce mately aimed at achieving peace and security in the Al-Saleh said in a statement after the meeting. opportunities, support trade in high-quality products, Middle East. Sheikh Sabah Khaled attended the meet- The agreements were signed during His Highness the create conducive environment to develop communica- ing at the invitation of US Secretary of State Mike Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah’s offi- tions over trade-related policies and training, in addi- Pompeo and NATO Secretary General Jens cial visit to China. Sheikh Sabah Al-Khaled commended tion to providing jobs and development SMEs. They Stoltenberg. His Highness the Amir’s vision during his visit, praising signed an MoU to encourage direct investment, The participants discussed the latest efforts to its outcome which aimed at establishing strategic part- designed to empowering business communities to fight IS, and ways of supporting stability in Iraq and nership as well as cementing economic and political develop exhibitions and activities to expand direct the entire region. Addressing the meeting, the Kuwaiti relations and cooperation. Sheikh Sabah Al-Khaled investment cooperation. The two countries signed an minister hailed the international coalition members’ said Kuwait enjoyed economic and commercial poten- agreement to foster cooperation on oil, gas, petrochem- efforts and effective participation in a ministerial tials that enabled it to be a haven for investment in the icals and renewable energy, as well as providing credit meeting held in Kuwait on February 13, 2018. He north of the Arabian Gulf. backing to Kuwait Petroleum Corporation (KPC) pointed to world wars and armed conflicts that have regarding financing of projects and exports. affected societies and peoples, adding that it is the Strategic partnership They also signed an MoU between Huawei Company shared responsibility of all member states to address The Cabinet meanwhile reviewed outcome of talks and Communication and Information Technology relevant ramifications. — KUNA
KUWAIT: Minister of Public Works and Minister of State for Municipal Affairs Hussam Al-Roumi. — KUNA
KUWAIT: Minister of Public Works and Minister of State for Municipal Affairs Hussam Al-Roumi signed a KD14.722 million (about $48.5 million) contract yester- day related to the design, construction, maintenance of roads, bridges, sewerages, waterways and other serv- ices between the Fifth Ring Road, Al-Ghazali Road and KUWAIT: Acting Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah chairs the Cabinet’s meeting yesterday. — KUNA Muhammad bin Qasim Street. Roumi said in a press statement that the implemen- tation of this contract will take place in 730 days and includes the development of Al-Ghazali intersection with the Fifth Ring Road via an overpass. The contract also includes expansion of the sub-route connecting the Airport Road 55 to the Fifth Ring Road in the direction of Jahra. It also includes the expansion and development of an upper bridge connecting the inter- nal road to the Fifth Ring Road, he noted. — KUNA
Council adopts new policy to promote cooperation with govt
KUWAIT: Kuwait’s municipal council chief Osama Al- Otaibi has stressed the importance of paying visits to gov- ernmental bodies and institutions so as to promote bilater- al ties and open new horizons of action. Otaibi said in a press statement that the council has adopted a new policy through visiting institutions, which have close relations with the council. The aim of this move is to boost and develop ties, and break any possible impasse, as routine is the main reason for delaying the accomplishment of some governmental projects, he noted. The council met on Sunday with head of Public Authority of Agricultural Affairs and Fish Resources Sheikh Mohammad Al-Yousef Al-Sabah, and discussed several common interest issues, he said. The council also visited Environment Public Authority, and will make a tour next Wednesday to Public Authority for Industry for the same purpose, Otaibi made clear. — KUNA Established 1961 3 Local Tuesday, July 17, 2018 20,000 citizens hired annually in private sector jobs: MGRP Efforts to separate Municipal Council chairman’s office from ministry
By Meshaal Al-Enezi and A Saleh establish an international union for food banks in the Muslim world with the aim of widening KFB’s vision to KUWAIT: There are 20,000 citizens who are annually create a world without hunger through the land of appointed in private sector jobs, including those humanity. KFB’s deputy board chairman Meshaal Al- appointed for the first time and those reappointed in dif- Ansari said that the initiative was a voluntary one made ferent areas, the Manpower and Government in response to instructions from KFB’s board chairman Restructuring Program (MGRP) Secretary General Fauzi and businessman Bader Nasser Al-Kharafi, who called Al-Majdali said yesterday. Majdali added that with new for supporting the efforts exerted by various food banks developmental projects opened and putting proposals in the Arab and Muslim world and coming up with cre- ensuring the protection of national labor rights in the ative solutions for various humanitarian issues in those private sector into practice, this number would increase countries. over the coming few years. Majdali stressed that citizens Ansari added that the main reason to establish the would be prioritized in utilizing job opportunities to be union was to exchange expertise concerning all forms of created by the developmental projects, followed by chil- voluntary and humanitarian activities and projects. dren of Kuwaiti women and bedoons. “Being a center for humanitarian work under the leader- ship of HH the Amir, Kuwait embraced the initiative,” he Chairman’s office underlined. KFB’s Manager Salem Al-Hamar expressed Municipal Council Chairman Osama Al-Otaibi urged his joy over the initiative and stressed that it aims at pro- Minister of State for Municipal Affairs and Public Works fessionally providing food supplies and basic needs as Hossam Al-Roumi to undo a decision subjecting the well as boosting public awareness in Muslim communi- Municipal Council chairman’s ties, limiting food waste, office to the minister until fur- helping poor and needy fami- ther studies are made. Otaibi lies and using excess food for of oil sector employees’ rights and the private and oil five more free trade zones with a primary cost of $8.5 argued that the decision the benefit of Muslim com- sector labor acts. billion to include warehouses, rentable storage areas, would make it harder to run munities. Notably, KFB had construction areas, display areas, banks, hotels, post the council properly. Zbaidi fishing suggested the initiative in a Zbaidi fishing offices and insurance companies. A report by KDIPA Separately, Municipal meeting with Al-Azhar Grand Chairman of Kuwait Fishermen Union Thaher Al- stressed that studies and international talks are under- Council member and head of its underway Imam Ahmed Al-Tayyeb, who Sowayyan stressed that local Zbaidi (silver pomfret) is way to develop free trade zones in collaboration with Jahra committee Ahmed highly welcomed the idea and back on sale with the beginning of its fishing season yes- well-experienced GCC and Turkish partners with the Hadyan Al-Enezi stressed that approved it. terday after a 45-day suspension. He also expected large aim of providing a minimum of 14,000 job opportuni- an alternative land plot would numbers of consumers to attend the morning auction as ties for Kuwaitis. KDIPA stressed that foreign compa- be allocated soon for the fod- Oil sector this type of fish is the most favored amongst Kuwaitis. nies investing in these areas would be given remark- der market along Salmi high- Minister of Oil and able exemptions as well as the privileges of getting way. Enezi said that in support of the livestock and fodder Minister of Electricity and Water Bakheet Al-Rasheedi Poisoning commercial and industrial licenses without having a trade, the new location would substitute the current one announced his full support of oil sector employees, The Ministry of Health (MoH) announced that a large local sponsor. which was destroyed in a recent fire. Enezi said he met responding to their rightful demands and resolving any number of construction workers who were poisoned Sheikh Mohammed Al-Yousif, Director of the Public problems they are facing. Rasheedi’s statements came on while working at the Mutlaa residential city project have Pilgrimage Authority for Agricultural Affairs and Fish Resources receiving the Chairman of Oil and Petrochemical been discharged from hospitals and only a few of them The Public Authority for Minors Affairs announced (PAAAFR), who promised to allocate the new location soon. Industries Workers Confederation (OPIWC) Mohammed are still receiving treatment, with none of them in critical accepting all the minors it patronizes who applied to In other news, Municipal Council member Abdullah Hamad Al-Hajri and Kuwait Oil Company (KOC) workers condition. perform hajj this year upon direct instructions from Al-Roumi filed an inquiry concerning schools in private syndicate member and OPIWC executive board member Minister of Justice and Awqaf and Islamic Affairs Fahd and ideal residential areas, their total number, licensed Adel Al-Fadl, who conveyed a number of demands. Free trade zone Al-Afasi. The authority announced it would pay all the ones, ones with expired licenses and the process of Speaking during the meeting, Hajri called for amending Kuwait Direct Investment Promotion Authority expenses for those who cannot afford it as well as the applying to open new ones. the contracts of employees appointed from Aug 8, 2014 (KDIPA) is currently preparing to take over assets in cost of a companion for each minor. “One hundred until Dec 31, 2014. He also expressed his total rejection of the free trade zone in Shuwaikh and run them instead minors and companions applied this year and they were Food bank discriminating amongst oil sector employees and of the public authority of industry, said governmental all accepted,” the authority underscored, noting that Kuwait Food Bank (KFB) launched an initiative to stressed that law number 110/2014 was a clear violation sources. The sources also announced a plan to build they were all registered in one of the hajj convoys.
men, women and children, then returned back home. Ministry ordered to Officers took care of the stranded passengers and transported them to the airport. The passengers had to travel to Kuwait by land because of the situation in compensate driver for Iraq, but the driver abandoned them in Mutlaa. rain-damaged vehicle Smuggling foiled Kuwait International Airport customs officers arrest- ed a passenger for attempting to smuggle cannabis balls into the country. An officer who grew suspicious By Meshaal Al-Enezi, Hanan Al-Saadoun and Agencies of the Asian man searched his luggage and found five bags containing balls of the drug. The suspect was KUWAIT: A court yesterday ordered the Ministry of handed to concerned authorities. Public Works (MPW) to pay a citizen the sum of KD 3,000 in compensation for his vehicle, which was dam- Theft charges aged when it submerged in rainwater. Meanwhile, the Naeem police investigator placed the names of two court of appeal yesterday acquitted an expatriate man Filipinas on the wanted list after they were accused of who had been sentenced to death for procuring drugs stealing a ring and necklace from the house of a servic- from a neighboring country. In the meantime, the court es ministry employee. of cassation yesterday rejected a contest by former chairman of the National Council for Culture, Arts and Accident Letters, and ordered fining him KD 3,000 for slander- A pedestrian was rushed to Adan Hospital after he ing Sheikh Mazen Al-Jarrah Al-Sabah on Facebook. was run over in an accident in Mahboula. Police and Separately, the court of appeal acquitted former MPs paramedics rushed to the area and found the victim, Musallam Al-Barrak, Mubarak Al-Waalan, Salem Al- Syrian, in critical condition. The driver, Indian, was Namlan and Abbas Al-Shaabi in a case filed by the detained at Fintas police station for further legal action. state security accusing them of slandering the Jordanian monarch. Contrabands Ahmadi police arrested a Kuwaiti man who had Security plan liquor, Tramadol and bullets in his possession, and sent The general security department launched an inte- him to the Drugs Control General Department. Police grated security plan at markets, malls and entertain- on patrol in Fintas and noticed the suspect driving ment centers to coincide with the summer break. The erratically, so he was pulled over and the illicit material Interior Ministry’s relations and security information was found. Meanwhile, airport traffic police sent a man department said the security presence aims at main- to the DCGD after catching him with hashish near taining security and order and to prevent fights and Kuwait International Airport. He claimed it was for his harassment. personal use.
Passengers abandoned Indecent acts Authorities found 50 persons who crossed the bor- A citizen saw a couple committing indecent acts, and der from Iraq to Kuwait but were abandoned by their as he came close to them, they turned their attention to driver half way through, Al-Anbaa reported. The Iraqi him, so he escaped and called for police’s help out of driver reportedly dropped the passengers, who include fear of being harmed. Police did not find the couple.
KUWAIT: Police tour a mall as part of a plan to maintain security during the summer. 4 Tuesday, July 17, 2018 Local
Photo of the Day
KUWAIT: A woman takes a photo of boys participating in the “habab and shouna”, an event that precedes the 30th annual pearl diving expedition which starts this Thursday. — Photo by Joseph Shagra Zain strategic partner of LOYAC for over 14 years Company contributes to developing youth skills and education sector KUWAIT: Zain, the leading telecommunications company abroad to learn from international experts. in Kuwait, announced its strategic partnership of LOYAC, Zain’s support to LOYAC will also include the LOYAC a non-profit organization that aims at developing the AC Milan Soccer School, which has become one of the youth’s talents and skills. This year, Zain’s partnership leading soccer schools in the region over the past nine with LOYAC continues for over 14 consecutive years. years. The school’s training staff consists of highly quali- Zain’s sponsorship and sup- fied coaches from Italy and port to LOYAC’s programs and various regions of the world, initiatives since its inception and features a professional comes in line with the compa- training atmosphere. The ny’s corporate sustainability In line with LOYAC AC Milan Soccer and social responsibility strate- School was the first Arab gy, which centers around the its corporate team to ever participate in the development of the education International Youth Peace and youth sectors. The compa- sustainability Tournament. ny is keen on partnering with Through its strategic part- various public, private, and nership with LOYAC, Zain non-profit entities that cater to also trains hundreds of stu- the youth’s talents and skills, dents as part of the LOYAC ultimately contributing to the Summer Internship Program. further progression of the national economy. The students take part in completing tasks, learning new This year, Zain’s support to LOYAC will extend to a skills, and go through professional training in the real great number of educational initiatives and programs that business world at various departments and divisions KUWAIT: Waleed Al-Khashti and Fetouh Al-Dalali with Zain and LOYAC officials. cater to developing the youth’s skills and talents. This within the company. Zain also offers the students finan- includes the support to KON, a social entrepreneurship cial rewards in recognition of their efforts and as an cational, fun, and social atmosphere. Since its inception in extending themselves to others. Zain believes in the program that is brought to Kuwait in collaboration with encouragement to their dedication. 2002, LOYAC has grown to be the first choice of the development of the communities in which it operates, Babson College in Boston, considered the most presti- Zain is proud to be one of the strategic partners of youth in Kuwait when it comes to innovative and high and it is a very important part of the company’s over- gious entrepreneurship college in the United States and LOYAC since its inception, especially that it is considered quality educational programs. all success. The company considers education as a the number one institution in the world for entrepreneur- one of the most prominent national programs that cater LOYAC runs several programs for the youth to devel- core element in the community development process, ship education. The programs also include the IFAD to the youth and offers them a healthy and empowering op their professional skills, enhance their personal and it will continue to support it to contribute to the Internship Program, where young Kuwaiti talents are sent environment to develop their skills and talents in an edu- growth and to help them find their sense of purpose by further progress of the country’s youth. ICRC praises NCCAL Kuwait’s Kuwait’s relief window to efforts in Yemen
culture at GENEVA: President of the International Committee of the Red Cross (ICRC) Peter int’l arenas Maurer yesterday praised Kuwait’s support Dr Bader Al-Duweesh for the Committee’s programs in Yemen. This KUWAIT: The cultural scene in Kuwait came in a statement made by Maurer after receives great care from the political national cultural weeks. Meanwhile, meeting with Kuwait’s Permanent leadership and thus issued a decree back NCCAL’s Assistant Secretary-General for Representative to the UN and International in July 13 of the year 1973 to establish the Cultural Sector Dr Essa Al-Ansari said Organizations headquarters in Geneva Jamal National Council for Culture, Arts and that the Council signed a number of cul- Al-Ghunaim to discuss the Committee’s pro- Letters (NCCAL). In remarks to KUNA, tural agreements worldwide, like protec- grams in Yemen. Yemen is one of the excep- NCCAL’s Assistant Secretary General for tion and promotion of cultural expression tional cases that the ICRC is dealing with now Arts Sector Dr Bader Al-Duweesh said diversity agreement. He hailed the great because of the war and violence and its yesterday that the Council is responsible care provided by the government in sup- reflection on the deteriorating health situa- for various cultural tasks including devel- porting the young youth’s cultural contri- tion, Maurer said. oping the intellectual domain, offering butions, as Kuwait is a window to the The State of Kuwait always gives best proper atmosphere for cultural produc- world with its diverse authentic culture example in dealing with humanitarian crises tion, issuing publications, dictionaries and through its support for ICRC’s programs, that depicts the unique Kuwaiti identity. GENEVA: ICRC President Peter Maurer meets with Kuwait’s Permanent Representative to the UN and translated collections of remarkable especially in Yemen, he added, stressing that Kuwait also takes part in many inter- International Organizations headquarters in Geneva Jamal Al-Ghunaim. — KUNA translations. national cultural annual meetings includ- this support enables the Committee to pro- NCCAL also works on boosting cul- ing United Nations Educational, Scientific vide safe drinking water and sanitation serv- tural exchange and taking part in cultural and Cultural Organization (ENESCO) and ices to displaced people. He stressed that the similar statement that his meeting with ICRC port for the committee’s program in conflict events, fairs and conferences, as well as The International Centre for the Study of Committee is keen on neutrality and credibili- chief tackled the mechanisms of distributing zones. The Kuwaiti ambassador underlined offering prizes to cultural distinguished the Preservation and Restoration of ty in all programs, especially those in areas of Kuwaiti relief supplies in Yemen. Ghunaim ICRS’s role in Yemen and its neutrality in the productions and holding Arab and inter- Cultural Property (ICCROM). — KUNA conflict and tension. added that Maurer would visit Kuwait soon distribution of its services to the needy Meanwhile, Ambassador Ghunaim said in for further consultations on the Kuwaiti sup- Yemenis. — KUNA 5 Local Tuesday, July 17, 2018 Educational Technology Conference kicks off Dec 2 Registration for scholarship at AUD on July 22-26: Ministry
KUWAIT: Minister of Education and Minister of Higher gy and electronic education in the integration of people role in the work of strategies to build effective commu- Education Dr Hamid Al-Azmi will sponsor a conference with special needs in society in cooperation with asso- nication and how public relations can design and build and exhibition entitled ‘Educational Technology... A ciations of non-profit public societies and evaluation of communication programs to qualify public relations to Future Vision’ and organized by Kuwait Public Arab and foreign experiences and practices in the reach international quality in performance. Relations Society (KPRS) on December 2, 2018. applications and content of e-learning. “The development of education has become one of Scholarship the fundamentals to be relied on by development plans In other news, Kuwait’s Ministry of Higher Education of the world countries amidst the development and (MOHE) announced yesterday the opening of registra- technological revolution in the world, so it is necessary Modern tion for a scholarship offered by UAE to American to keep pace with this development to serve the educa- University in Dubai (AUD) from the 22nd to 26th of tional process and develop it,” Jamal Al-Nasrallah, technology July, 2018 to complete the bachelor’s degree. The min- KPRS’ chairman, said yesterday. istry said in a press statement received by KUNA that He pointed out that the conference, in which many in institutional the admission will be according to a number of condi- local and international educational institutions are communication tions where the student must submit all official records involved, stems out of keenness to build a comprehen- for the last three years and the certificate from MOHE Dr Hamid Al-Azmi Jamal Al-Nasrallah sive strategy for education in Kuwait in cooperation and Ministry of Foreign Affairs (MOFA) of Kuwait and with educational institutions and related parties and to the Embassy of UAE. Some requirements for admission to architecture, a develop and benefit from electronic curricula in the The student must pass the exam to determine the portfolio submitted online via e-mail educational system in cooperation with the Ministry of He pointed out that in light of the importance of the level of English in university or pass the TOEFL or ([email protected]), which includes three works of Education. role of public relations in the ministries and institutions IELTS test. Some additional requirements for engineer- art from the student’s production of paintings or draw- Nasrallah explained that the conference seeks to of the state, the conference addresses the issue of mod- ing is to pass the exam in computer science and mathe- ings or pictures of models with a short paragraph com- benefit from information and communication technolo- ern technology in institutional communication and their matics, they added. menting on each work, the ministry noted. —KUNA
Youth sports centers attract large numbers of people in summer UNICEF appreciates Kuwait’s donation for children in Yemen AMMAN: The UN children’s agency UNICEF has thanked Kuwait for its “continuous and generous support of children in the Middle East,” citing a sum of $59 million the Gulf state has provided in financial aid to the UN program. “Kuwait’s gen- erosity is truly exemplary and is in line with its commitments,” Geert Cappelaere, UNICEF’s Regional Director for the Middle East and North Africa, said in a statement yesterday. Since 2013, Kuwait has contributed over $200 million, making it “one of UNICEF’s largest donors in the Middle East and North African region,” he pointed out. He praised Kuwait’s latest humanitarian initiative to provide much needed help to hapless Yemeni children, most of whom suffer from aliments such as cholera. According to UN statistics, nearly two million children in Yemen were forced out of school, while the impoverished nation continues to grapple with an acute cholera outbreak. —KUNA
KUWAIT: As summer arrives, sports and entertain- PAY aims to invest in the skills of youth and develop early this month, with the participation of 70 players. ment centers attract large numbers of youth to spend their abilities, head of youth centers departments in PAY will also launch a competition to memorize Quran their time in something beneficial. These centers, the authority Musaad Al-Kuraibani said in a press and Hadith today, to boost religious values among belonging to the Public Authority for Youth (PAY), statement released yesterday. youth, he said. The authority had also set a number of spread across all of the country’s governorates, allow He noted that as part of the summer’s activities, programs and activities to cover different fields for youth to engage in different sports and fun activities. PAY organized a football tournament that kicked off youth until the end of summer, he added. —KUNA
Wataniya Airways concludes first year of re-operation with exceptional results
KUWAIT: Having resumed its flights back in July 11, 2017, Wataniya Airways celebrates its one-year anniver- sary of re-operation. The revamped company and cur- rent curators achieved a major breakthrough during this year reaching nearly 400,000 passengers. On this occasion, Wataniya Airways is gifting its cus- tomers unique offers including discounts and social media competitions, further to several other surprises throughout this summer season and until Eid Al-Adha. The company is seizing this opportunity to extend its gratitude and appreciation to the leader behind Kuwait’s development process and economic growth, His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al- Sabah, may Allah protect him, for his overwhelming sup- port to the construction, development and expansion process the whole country is witnessing, especially in the civil aviation and air transport sectors. On the other hand, Wataniya Airways is thankful to the Directorate General for Civil Aviation, led by Sheikh Salman Al- Humoud and other administrative overseers for lifting the barriers standing in the way of Kuwaiti and foreign companies operating at Kuwait International Airport. During a statement to the press, the company announced that obtained results were accomplished thanks to Allah the Almighty and to its employees’ out- standing efforts. The airline’s growing network of desti- nations encompassed during the first year nearly 16 landing places connecting Kuwait and the Gulf with the Istanbul and Trabzon in Turkey, and lastly four destina- year of re-operation to its highly qualified and experi- Middle East and Europe. Wataniya Airways’ first flight tions in the Arab Republic of Egypt which are enced team. took off last year on July 11, 2017 heading towards the Alexandria, Sohag, Asyut and Luxor. Kuwait’s newest airline promised its customers to Georgian capital Tbilisi, followed by flights to Baku in The company pointed out that it is currently operat- constantly provide them with the best-in-class services AMMAN: A delegation from Kuwait’s Ministry of Education Azerbaijan, Sarajevo in Bosnia, Bahrain, Doha, Najaf in ing a fleet of four Airbus A320 aircrafts and will be for maximum comfort, yet at very competitive prices started interviewing candidates in Amman, Jordan as part of its Iraq, Beirut, Kathmandu in Nepal, and to the Greek cap- receiving additional two of the same model by the end through its comprehensive network of destinations, plan to hire 120 Jordanian teachers to teach in public schools ital Athens. Moreover, the company recently launched a of this month. It is noteworthy to say that Wataniya which the company is planning to expand during the in Kuwait during the 2018/2019 academic year. — KUNA number of new destinations, including Malaga in Spain, Airways owes attained positive outcome during first upcoming year. InternationalTUESDAY, JULY 17, 2018 Walk the talk: India’s opposition urges Modi to pass women’s bill Ex-minister backs new Brexit vote as eurosceptics pressure PM May Page 8 Page 9
ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed (L) and President Isaias Afeworki of Eritrea (R) celebrate the opening of the Embassy of Eritrea in Ethiopia reopened following the official visit after twenty years. — AFP Eritrea reopens embassy in Ethiopia Filled with dusty furniture that appeared untouched for years
ADDIS ABABA: Eritrea’s President Isaias Afwerki reopened waving Eritrean flags and chanting Isaias’s name as both Once a province of Ethiopia, Eritrea voted to leave in June 5, events have moved at breakneck speed. Abiy visited his country’s embassy in Ethiopia yesterday, the latest in a leaders pledged commitment to their newfound unity. 1993 after a bloody, decades-long independence struggle. Asmara a month later, announcing the normalisation of series of dizzying peace moves after two decades of war “Both nations have chosen peace as opposed to war,” said Ethiopia and Eritrea expelled each others’ envoys at the diplomatic and economic ties, and on July 9, the two leaders between the neighbors. The embassy inauguration caps Abiy, as Isaias also voiced his support, saying: “We won’t start of a 1998-2000 border war that killed around 80,000 signed a joint declaration declaring the end of the war. Isaias’s historic visit to the Ethiopian capital aimed at allow anyone to stop this from happening.” The 71-year- people. Relations remained frozen after Ethiopia declined Telecommunications links were quickly restored and cementing peace less than a week after the former enemies old Eritrean strongman left Addis shortly after the to accept a 2002 United Nations-backed border demarca- Ethiopian Airlines will on Wednesday make its first pas- declared an end to the conflict. embassy opening, EBC reported. tion, leading to years of cold war between the two coun- senger flight between the nations in 20 years. Ethiopian State-run Ethiopian Broadcasting Corporation (EBC) tries. Last month, Abiy announced Ethiopia would accept foreign ministry spokesman Meles Alem told AFP showed Isaias raising the Eritrean flag at the embassy in ‘Another milestone’ the demarcation and cede land to Eritrea. However, it has Ethiopia had not yet reopened its embassy in the downtown Addis Ababa and Ethiopia’s Prime Minister Abiy Writing on Twitter, Eritrean Information Minister not yet announced the withdrawal of troops from the area. Eritrean capital Asmara. Amnesty International has said Ahmed handing him keys to the building, filled with dusty Yemane Gebremeskel said the trip had “inexorably elevat- the newfound peace should be a catalyst for change in furniture that appeared untouched for years. The embassy ed bilateral ties of both countries to new, promising, Breakneck reforms Eritrea, one of the world’s most isolated nations. Since visit marked the end of Isaias’s three-day stay in Ethiopia heights.” He described the embassy opening as “yet Abiy has pursued an aggressive reform agenda since the end of the war, Isaias has used the threat of which also saw him visiting an industrial park and attending another milestone in the robust (and) special ties of peace taking office in April, including making peace with Eritrea, Ethiopian aggression to justify a rash of repressive poli- dinner and a concert on Sunday evening. and friendship both countries are cultivating with earnest- releasing jailed dissidents and liberalising parts of the cies, including an indefinite national service programme Thousands of Ethiopians packed an exhibition hall, ness in these momentous times.” economy. After declaring his intention to make peace on the UN has likened to slavery. — AFP
Iraqis demand province,” Abdel Rahman told AFP. Citing Syrian regime a military source, Syrian state news change as agency SANA also said the army had captured new territory, including Al-Tiha protests run advances fast on and Zimrin. rebels in south Key hilltop hit into second week Heavy fighting had been raging over a BASRA: Protests in Iraq continued into their sec- BEIRUT: Syrian regime forces backed by hilltop known as Tallet Al-Hara and held ond week yesterday following days of clashes that Russia made sweeping advances yester- by Al-Qaeda’s former affiliate, Hayat left eight people dead, with demonstrators rallying day against rebels holding out in the Tahrir al-Sham (HTS), said the to put social problems in the spotlight. Months country’s vital southern zone. For nearly Observatory. HTS had refused a surren- after Iraq declared victory over the Islamic State one month, Syria’s government has der, ushering in a wave of regime and group, attention has turned from the military battle worked to capture the provinces of Daraa Russian shelling that killed 30 jihadists to the fight for jobs and public services. and Quneitra with a mix of heavy bom- since Sunday. An HTS ambush then left 12 Thousands of people rallied in fresh protests NAJAF: Passengers from Iran arrive to Najaf airport after it reopened on July 16, 2018. bardment, ground attacks and surrender regime forces dead, Abdel Rahman said. Monday in the eastern province of Diyala and the The airport was closed after dozens of protesters forced their way into the waiting room deals brokered by Moscow. An AFP photographer there saw a southern city of Nasiriyah, according to AFP cor- on July 13 despite a heavy police presence. — AFP Despite an international outcry, gov- plume of smoke emerging from the slop- respondents. Iraqis already made their dissatisfac- ernment forces have retaken swathes of ing hilltop overlooking agricultural plains tion with their leaders known through massive and natural resources, leaving citizens with only demanding jobs and against electricity cuts, the area including the border with Jordan yesterday. By the afternoon, Syrian state abstentions in May’s national elections, and now basic infrastructure, according to protesters. fuelled the protest movement and it spread to and are inching closer to the sensitive news agency SANA said government citizens are taking to the streets to demand they “We hear a lot of grand words, but we don’t see provinces across the south: Dhi Qar, Karbala, frontier with the Israeli-occupied Golan forces had captured Tallet Al-Hara. see benefits from the country’s vast oil reserves. anything coming,” said Basra demonstrator Aqil Maysan, Muthana and Najaf. Prime Minister Heights. Regime troops made another Beyond the hilltop, the sliver of Daraa that “These oil fields belong to us, yet we get noth- Kazem, an unemployed 27-year-old. Chronic elec- Haider Al-Abadi flew into the city on Friday in an “quick advance” against rebels yesterday, still escapes regime control includes the ing,” said Hussein Ghazi, a 34-year-old protester tricity cuts continue to leave Iraqis without respite effort to restore calm, a day later announcing according to the Syrian Observatory for rebel town of Nawa and a small pocket in the port city of Basra. The oil sector accounts from summer temperatures, which during the investment worth $3 billion (2.6 billion euros) for Human Rights, a Britain-based war moni- held by an Islamic State group affiliate. for 89 percent of the state budget and 99 percent protests have reached 50 degrees Celsius (122 Basra province. tor which relies on a network of sources Rebels in Nawa, where tens of thou- of Iraq’s export revenues, but only one percent of Fahrenheit). Iraqis have also suffered from water He also pledged additional spending on hous- inside the country. sands of people live, are in talks with jobs, as the majority of posts are filled by for- shortages this year from drought and dams built ing, schools and services in the oil-rich but neg- “Regime forces took a number of Russia for a potential handover deal too, eigners. Officially, 10.8 percent of Iraqis are job- by neighboring countries. lected region. As demonstrations continued, towns in western parts of Daraa province, according to the Observatory. less, while youth unemployment is twice as high, Abadi on Sunday met with security and intelli- some through clashes with those refusing Moscow has helped the regime secure in a country where 60 percent of the population Promise of state cash gence chiefs in Baghdad and warned them to be to join the handover deals, and others these negotiated surrenders in several key is aged under 24. Since the daily protests began on July 8 in on alert “because terrorists want to exploit any after agreements were reached,” said areas, including second city Aleppo in For the demonstrators, who have taken their Basra, eight people have been killed in various event or dispute”. The prime minister also Observatory head Rami Abdel Rahman. A 2016 and the rebel bastion of Eastern campaign to the headquarters of political parties cities, according to the health ministry. The min- ordered security services not to use live fire string of towns-Al-Hara, Samlin, and Ghouta outside Damascus in April. For across the southern provinces, setting some on fire istry did not however give details on the circum- against unarmed civilians. On Saturday the inter- Zimrin-had agreed to fall back into regime the south, it pressured rebels to agreed to and ripping down political posters, corruption is stances of the deaths, but according to different net was cut across the country, as demonstrations control, while troops overran Al-Tiha mili- hand over eastern parts of Daraa central to their plight. Following the US-led inva- sources at least one person was shot dead by threatened to spread. Authorities said the shut- tarily. “With that advance, the regime province in early July and the provincial sion of Iraq in 2003, the country’s new leaders and security forces in Basra. down was owing to maintenance work and Iraq holds more than 90 percent of Daraa capital last week. — AFP public servants reaped the benefits of public funds That death, as youths demonstrated in Basra was back online Monday. — AFP Established 1961 7 International Tuesday, July 17, 2018 Long-absent Syrian expats in emotional visit home from US ‘Thank God we’ve reached a period of safety in Syria’
FAIROUZAH: Victoria Mubarakah sits in the have emigrated to the US in the last century. returned to Fairouzah this summer and the num- shade of a grapevine in her ancestral village in ber could double. They felt safe after “the return Syria, nostalgic and happy after a long trip from ‘Like a wedding’ of security and peace,” he tells AFP from the her home in the United States. The 53-year-old A return to Fairouzah means warm family cool, marble-floored church. used to visit her motherland every few years, but reunions, a somber visit to her husband’s tomb, since 2011 the war put a stop to those trips. “All and plenty of food. On a July morning, ‘People don’t know’ these years, I longed to visit my country and see Mubarakah emerges from the kitchen carrying a At the village swimming pool, 14-year-old my relatives, but the feeling of fear controlled platter of small plates: strained yoghurt, white Alicia Medea is reconnecting with cousins she me,” says Mubarakah, gathered with relatives in cheese, olives, and stuffed peppers, alongside has not seen in eight years. “When I arrived, I a tiled courtyard behind a traditional Syrian mountains of plump homegrown grapes. couldn’t remember them that well. It felt like I house. “I didn’t even dare think about it.” Fairouzah is locally famous for its bountiful was meeting them for the first time,” the blonde Fairouzah, a Christian village, remained rela- vineyards-and for having a large representation teenager says in Arabic with an American twang. tively insulated from the violence raging in near- in Syria’s diaspora. Around 3,000 people live in She arrived just days ago with her father and by Homs city and elsewhere, but reaching it was the village itself but thousands more have emi- brother to spend nearly three weeks in their too dangerous. “We followed the news and were grated, most to the United States. All along the homeland. scared of coming back to the country,” says idyllic village’s streets are posters and banners “I knew the village was safe, but the rest of Mubarakah, whose last visit was in 2007. That welcoming its prodigal sons and daughters. the country wasn’t. I’d always think about visit- all changed in recent months, after Syrian troops One, featuring a dove and the government’s ing again, but I never knew when we’d be able reasserted control over many of the country’s two-star flag, “welcomes our expatriates in to,” she says. “Compared to what we hear in main highways and cities, including the capital. beloved Syria.” And at the main entrance of the America about the war here, it’s been amazing to Watching from California, Mubarakah decid- St. Elias Syriac Orthodox church is a plaque find the country safe.” Since Syria’s uprising FAIROUZAH: Micheline Maalouf (C-L), a 22-year-old Syrian emigrant visiting ed to make the long-awaited trip. With her eld- thanking emigrants from Fairouzah for funding began, the US has called on President Bashar al- from Pennsylvania, poses for a “selfie” picture with relatives while sitting by the est son Issa, his pregnant wife and young child, the church’s construction beginning in 1957. Assad to resign and has carried out retaliatory Masaya swimming pool in the Christian village of Fairouzah, southeast of the and her other son Mark, Mubarakah flew to There are six churches in Fairouzah alone, which air strikes on his army’s positions. central city of Homs. — AFP Lebanon, then drove for hours across the land hosts hundreds of Christian families who fled That tore at Micheline Maalouf, a 22-year- border into Syria. nearby Homs city. The wave of visiting Syrian- old visiting her native Fairouzah from While living in Syria in 2015, Maalouf married a ent. Against a backdrop of squealing poolside “Thank God we’ve reached a period of safety Americans has rejuvenated the village, says Pennsylvania. “I hated myself then. I didn’t know Lebanese man she met on Facebook-”a chance children, Maalouf takes a few selfies to post on in Syria. We encouraged each other and decided to parish priest Thomas Kassuha. “It’s like a wed- why they did those air strikes,” she says, puffing to escape,” she says. “The situation wasn’t reas- Instagram. “We used to stay at home starting at come this summer,” says Mubarakah, one of tens of ding,” he says. on a water pipe near the pool. “People outside suring. It was all fear and nervous people,” she 7:00 pm every night-but now we stay out until thousands of people from modern-day Syria who Kassuha estimates around 300 families have don’t know how people live here,” adds Maalouf. recalls. The scene today couldn’t be more differ- 3:00 am.” — AFP Ghana national Heat and power cuts force cathedral plan Gazans onto polluted beaches sparks unholy row GAZA: Maher Taha, his wife and six children has suffered problems with its electricity for ACCRA: Ghana may be one of the most reli- sit enjoying the breeze on beach in Gaza, doing the past decade. Some citizens blame the gious countries in the world, despite being their best to ignore the rubbish and raw shortages on a political rivalry between constitutionally secular, but a project to build sewage floating a few yards off shore. The Hamas, the Islamist group that runs Gaza, and a new national cathedral has not met universal water is polluted and the smell is unpleasant the Palestinian Authority based in the occu- approval. Plans for the building, designed by but they need a break from the oppressive pied West Bank. Others point an accusing fin- the Ghanaian-British architect David Adjaye heat at home - and there are few other options ger at Israel, which along with Egypt imposes and to be located on some six hectares (14 for a family on their budget with a power sup- tight border restrictions. acres) near Accra’s parliament, were unveiled ply that only works four hours a day. UN figures showed 108 million liters of earlier this year. “We can see the sewage clearly, and we wastewater poured into the sea off Gaza every Designs showed landscaped gardens and a still come here - it costs us nothing,” says day in May. Pollution levels are four times concave structure housing a chapel, baptistry Taha, 46. “Life is depressing and difficult and higher than the international standard, accord- and 5,000-seat auditorium, as well as Africa’s people have no escape but the sea.” Warning ing to the data. Some richer Gaza families first bible museum and documentation centre. signs tell people to stay out of the water at the have responded to the pollution by building The building is intended to be “a house of beach near Nusseirat refugee camp in central swimming pools - and renting them out for prayer for all people”, and will host state CAPE COAST: In this file photo taken on February 17, 2013 a man walks toward Gaza Strip. Lifeguards go up to people and 300 to 700 shekels ($85 to $200) per day. occasions which are usually held at the St. Francis de Sales Cathedral in Cape Coast, Ghana. — AFP tell them about the dangers. “We advise peo- A Gaza water park, with several swimming Independence Square or the president’s offi- ple not to go into the sea and to stay on the pools and mechanical waves, offers another cial residence. Chika Okeke-Agulu, a profes- thing of this scale and import to my home raises eyebrows to wonder why they are doing beach but they do not listen. We tell them the clean alternative to those who can afford the sor of art history at US university Princeton, country”. Religion plays a major role in life in it... We are not so sure, the motives behind it seawater is mostly polluted and they do not 10-shekel admission price. wrote in The New York Times in April that the Ghana and there are churches, mosques, are not very clear to us,” he added. James listen,” said lifeguard Khader Abu Jreban. “Water is treated with chlorine and the cathedral was “a huge deal”. street preachers and shrines to traditional Kwabena Bomfeh junior is hoping to stop it Power shortages in the territory of two million whole place is computerized,” said Hani “It signals that the country is poised to faiths across the country. before a stone is laid and has mounted a legal people have severely disrupted operations at Abdelbari, the facility’s executive director. consolidate the gains of decades of democra- In a 2012 WIN/Gallup poll of 57 countries, challenge to the state’s involvement, arguing it sewage treatment facilities, leading to the dis- Vendors selling boiled corn and fried potatoes cy,” he added, predicting it would give Ghana an overwhelming 96 percent of Ghanaians is unconstitutional. The government should be charge of wastewater into the sea. give visitors a taste of Gaza’s traditional beach a “globally architectural landmark”. He hoped said they were religious. The last national cen- religiously neutral but was showing preferen- food. “It is something that we were used to and it would spark similar projects across Africa sus in 2010, 71.2 percent of Ghana’s popula- tial treatment to the Christian faith by sup- Pools for rent lost,” says Reham Shaik, out for a day with her but reaction has been mixed, with calls for the tion of 23.6 million were recorded as Christian porting the project, he argued. Gaza, whose main power supplier is Israel, three children. — Reuters money to be better spent elsewhere. “So we and 17.6 percent as Muslim. President Nana The presidential liaison for the cathedral, need to build a cathedral so we can boast that Akufo-Addo has appointed a 13-member Clara Napaga Tia Sulemana, said Bomfeh’s we have arrived? Rubbish,” wrote one user board of religious leaders to raise funds for court case had stalled progress on fundraising speak properly.” Itani says he was then hand- on Twitter. “When did it get to the point that and manage the new cathedral. The overall and development. She denied suggestions of HRW urges ed over to military police and held in solitary people would rather spend money on the way cost has not been revealed. favoritism, pointing to a government donation confinement for nearly two months, during a church looks than spending money on the The government has donated land for the of land for a national mosque. The government which he was not able to meet privately with sick, poor, homeless and the people of the project and insists that is all they are con- has also funded Muslim activities, including to Lebanon to his lawyer or family.”Itani’s allegations of tor- community,” wrote another. tributing. But that has not convinced some who the annual Hajj pilgrimage. For cultural critic, ture and disappearance demand a thorough suspect public money could be used. “We Nii Kotei Nikoi, the question was less about investigate investigation into his treatment in detention Religious fervor should render under Caesar the things that are government involvement. “In one neighbor- and why he was arrested in the first place,” Adjaye is certainly acclaimed: he was Caesar’s and to God the things that are God’s,” hood you can have five to six churches. The said Lama Fakih, HRW’s deputy Middle East knighted in Britain and is best known for said the general-secretary of the Christian fundamental problem is that Accra is saturated alleged director. “If Itani was indeed framed, then this designing the National Museum of African Council of Ghana, Cyril Fayose. Fayose with churches,” he said. He also said it showed was a massive miscarriage of justice, and American History and Culture in Washington stressed he was not against the cathedral but that followers of the major religions were torture of actor authorities should guarantee that this can nev- DC. He called it “an immense honor to be said more details were needed. “The govern- being catered for but those of minor faiths or er happen again.” granted the opportunity to contribute some- ment meddling in church matters sometimes none were rarely considered. — AFP BEIRUT: Lebanon must investigate the account According to rights groups, Lebanese of a prominent actor who says he was forcibly authorities have used torture to extract con- disappeared and tortured by state security fessions from detainees. Itani himself told forces last year, Human Rights Watch said yes- HRW that his physical abuse began when he terday. Ziad Itani was arrested in November refused to sign a written confession that he US Republicans target elections and held for several months, accused of “collab- was collaborating with Israel. Over the next orating” with Israel, which is formally still at war week, his captors chained him, hung him from with more deficit-boosting tax cuts with Lebanon. He was released in March after his wrists, broke one of his teeth, and threat- it appeared that a top Lebanese security offi- ened to “insert a rod into his anus if he didn’t WASHINGTON: As November’s US elections approved in March. Brady says he does not expect cial had framed him, but the time he spent in sign,” he said. He finally agreed to sign the approach, Republicans in the House of the Republicans’ new bill to be “revenue neutral,” detention haunted him, he told HRW. confession. That same month, Lebanon passed Representatives and the Trump administration meaning it will expand the deficit. The actor and writer said he was held for a new law to criminalize torture, investigate are planning another deficit-financed tax-cut nearly a week in what appeared to be an such allegations and compensate victims. plan, but one widely seen as a vote-getting exer- ‘Help American families’ informal jail, where men in civilian clothes “Torture is not only illegal but also ineffective, cise with little chance of becoming law. Florida Republican Representative Carlos punched and kicked him, forced him into because it can lead to false confessions,” The plan, coming on the heels of deep tax Curbelo, who sits on Brady’s committee, called stress positions and threatened to sexually Fakih said. “This case presents a clear litmus cuts already approved in December, under- the bill “a good second chapter for tax reform assault him. “There was no doctor who saw test for whether Lebanon’s new torture law scores both the Republican Party’s steadfast that’s going to help American families.” WASHINGTON DC: Senate Minority Leader me, my body was all blue and I was spitting will help end impunity for torture or remain confidence in tax cuts as a winning political tool Republicans see the second tax bill as helping to Chuck Schumer (D-NY) speaks about health- blood,” he told the rights group. “I couldn’t on paper only.” — AFP and its recent shift away from fiscal policy con- focus voters on the growing economy, with care while flanked by 6-year-old Charlie Wood servatism. House tax committee Chairman Kevin Trump’s focus otherwise shifting haphazardly who has complex medical needs from being Brady says his panel and the White House are from immigration to tariffs, federal investiga- born 3 months early, during a news confer- considering a measure that would make perma- tions, North Korea, US NATO participation and ence on Capitol Hill. — AFP Spain Socialist’s bid for nent $1.1 trillion in tax cuts that were approved Russia. The temporary cuts approved in on a temporary basis in December for individu- December were part of a sweeping tax package, analysts. House Republicans in competitive dis- als, families and private businesses. The cuts are formally known as the Tax Cuts and Jobs Act, tricts with lots of Democrats and independents gender neutral constitution set to expire in 2025. that was passed by Republicans, who have may encounter voter concern about the deficit MADRID: Spain’s Socialist government is seek- El Pais newspaper: “The problem is confusing Brady, of Texas, says he aims to unveil a pro- majorities in both chambers of Congress, over and giveaways to the rich, analysts said. The ing to erase gender bias in the constitution but grammar with machismo.” posal before Congress departs Washington on Democrats’ unanimous opposition. The package hastily drafted December package has resulted the head of the Royal Spanish Academy, the cus- “Languages are governed by the principle of July 26 for a summer campaigning break. He gave individuals temporary tax relief, but cut in some unanticipated complications for multina- todian of the language, yesterday said the plan economy. The systematic use of duplicate words says he expects the House to vote on the meas- taxes permanently for corporations. tional corporations, but a bill to fix those was not was unworkable. Last week, Deputy Prime destroys this. “Some false solutions have been ure before the Nov. 6 congressional elections. Months later, the package is viewed favorably expected until after the elections. Minister Carmen Calcvo asked the Academy to proposed like replacing the end of a word with E “This is largely a 2018 re-elect-driven effort for by only 36.4 percent of Americans, according to In any case, prospects for passage of another study updating the 1978 constitution with in place of the (masculine) O and the (feminine) House Republicans,” said Rohit Kumar, a tax a polling average compiled by round of tax cuts are low, with the fall legislative “inclusive” language. A but this appears to me to be absurd, ridiculous policy expert at accounting and consulting RealClearPolitics.com, which tracks political session already crammed full of other issues. “We have a constitution in the masculine and absolutely unworkable.” However one mem- group PwC and former senior aide to Senate trends. Some Republicans say the December Even if House Republicans win passage, a new which dates back to 40 years ago,” she said, ber of the academy, Arturo Perez-Reverte, has Republican leader Mitch McConnell. package has fared better in parts of the country. tax bill could die in the Senate, where noting that it referred to “ministers and already threatened to resign over the issue. The nonpartisan Congressional Budget Office “In my district, it polls very high,” said Republicans hold only 51 of 100 seats and would deputies” with the male form of the noun. The When a user on Twitter suggested he should has already warned that making permanent the Republican Representative Don Bacon of need help from Democrats, who do not seem to traditional Spanish use of male pronouns and storm out in protest if the proposal went ahead, temporary individual tax cuts would further Nebraska. Representative Richard Neal of be inclined to offer any. The idea of more noun forms to refer to both genders collectively he replied: “You have my word.” “The reaction expand the federal deficit and debt. Both measures Massachusetts, the top Democrat on the House deficit-financed tax cuts already faces opposi- has raised the hackles of some, who say it makes of Arturo Perez-Reverte, who has placed the of red ink on the US taxpayers’ ledger ballooned tax committee, said, “I hope the new legislation tion from Republican Senator Bob Corker of women invisible. But Dario Villaneuva, the head cart before the horse, has not helped in easing with the Republicans’ $1.5 trillion December tax is as popular as their last tax cut.” Tennessee, one of the few remaining fiscal of the Royal Spanish Academy, on Monday told tensions,” Villanueva said. — AFP cuts package and a $1.3 trillion spending bill The new bill is not without political risk, said hawks in the party. — Reuters 8 Tuesday, July 17, 2018 International Ex-minister backs new Brexit vote as eurosceptics pressure PM May
May has repeatedly ruled out a second referendum
LONDON: British Prime Minister Theresa May drew Eurosceptics will have a chance to show their Split the party fire from all sides yesterday over her Brexit strategy strength in the House of Commons later Monday by May spent the weekend defending her plan, and did as a former minister described it as a “fudge” and voting on amendments to a bill setting up May’s new so again in a speech at Farnborough airshow yesterday, called for a second EU referendum while euroscep- customs regime after Brexit. Downing Street insisting it would protect trade in goods with the EU tics readied a parliamentary challenge. Former edu- declined to say if it would accept some of the and avoid border checks in Ireland. She said it would cation secretary Justine Greening, who opposed changes put forward by Jacob Rees-Mogg and other allow Britain to control migration, end the jurisdiction Brexit, said May’s plan to follow European Union hardline Brexiteer MPs, in a bid to get them to drop of EU courts and forge its own trade policy-despite US rules on trade in goods without being able to influ- President Donald Trump saying the prime minister’s ence them was “the worst of both worlds”. plan could “kill” a US-UK trade deal. Noting the deep divisions in government and par- Eurosceptics believe it keeps Britain too close to the liament on the way forward, Greening said voters EU, and Davis, the former Brexit secretary, warned in the must decide-becoming the most senior member of Financial Times yesterday it would deny the government May’s Conservative party to back the idea. “The only Give it back to the “freedom to run our own economy”. “It would be solution is to take the final Brexit decision out of the profoundly dangerous to leave the EU but remain sub- hands of deadlocked politicians, away from the back- the people ject to regulations made by institutions in which we have room deals, and give it back to the people,” she no say,” he wrote. In an article in the Mail on Sunday, wrote in an article in The Times. May urged eurosceptics to keep their “eyes on the LONDON: In this file photo taken on July 13, 2018 May has repeatedly ruled out a second referen- prize”, warning: “If we don’t, we risk ending up with no Britain’s Prime Minister Theresa May waits for the arrival dum, after Britons voted by 52-48 percent for Brexit Brexit at all.” Rees-Mogg, the leader of the powerful of US President Donald Trump for a meeting at Chequers, in 2016, but Greening’s support for a so-called European Research Group of eurosceptic Conservative the prime minister’s country residence. —AFP People’s Vote will give the campaign a huge boost. one in particular that would have the effect of MPs, said May still had time to change course and Her intervention is also another blow for May’s com- wrecking May’s plan. warned the current plan would split the party. ments to yesterday’s bill-the Taxation (Cross-border promise plan for close ties with the EU, which had If no compromise is struck, there is a risk the “The inevitable consequence of the parliamentary Trade) Bill, also known as the customs bill-seeking a already come under fire from Conservatives who eurosceptics could vote against the bill in its entirety. arithmetic is that she will need to change it to keep the new customs union with the EU. But one MP told AFP want a clean break with the bloc. If opposition parties join them, May would have a party united,” he told BBC television. Pro-Europeans they would likely not push it to a vote yesterday, Two top ministers, Boris Johnson and David Davis, major crisis on her hands. At the same time, the prime also dislike May’s plan, particular her goal to have loos- instead waiting to see what the eurosceptics do. They quit in protest last week followed by a string of jun- minister is also testing her plan with the EU, as Brexit er ties with the EU for Britain’s dominant services sec- can hold their fire for today when the same amendment ior walkouts, including another yesterday. negotiations resumed in Brussels yesterday. tor. A cross-party group of MPs have tabled amend- is tabled to a separate trade bill. —AFP
the bus”, before a long walk to “Mama” Obama visits Sarah’s house. He remembered having to catch a chicken for dinner, which he was “a little squeamish” to kill himself, Kenyan home visiting his father’s grave and bathing Reuters journalist outdoors. “And I looked up at the stars to launch and... it gave me a sense of satisfaction takes the stand that no five-star hotel could ever pro- youth center vide,” he said. as Myanmar Boosting Kenya’s youth KOGELO: Former US president Barack Obama was speaking at the launch of trial begins Obama recounted fond memories of his the Sauti Kuu (Swahili for “Strong family home in Kenya on a visit yester- Voices”) center set up by his half-sister YANGON: One of two Reuters journalists day to launch a state-of-the-art youth Auma Obama. He said that looking back charged in Myanmar with breaking a state center run by his half-sister. Obama is on on those memories, he “couldn’t be secrets law while reporting on the Rohingya cri- his first trip to Kenya since he was presi- prouder of what my sister has built”. dent in 2015, when he was unable to visit sis protested his innocence yesterday on the Auma said the state-of-the-art center his ancestral home as his jet was too big would give local youth access to books, first day of a trial that has provoked global con- to land in the western city of Kisumu, he internet and sporting activities. KOGELO: Former US President, Barak Obama with his step-grandmother Sarah demnation. Myanmar nationals Wa Lone, 32, and recalled. “It is a joy to be back with so They will also be able to benefit from (C) and half-sister, Auma (2ndR) and some of the local youth are pictured yes- Kyaw Soe Oo, 28, were arrested in December many people who are family to me, and classes on work ethics, civic education, terday following the unveiling of a plaque during the opening of the Sauti Kuu and accused of possessing documents linked to so many people who claim to be family. environmental conservation and financial Resource Centre, founded by his half-sister, Auma Obama at Kogelo in Siaya security operations against Rohingya militants Everybody’s a cousin!” he joked, to literacy. The center includes an interna- county, western Kenya. —AFP in Rakhine state. hoots of laughter from the audience. tional standard size football pitch spon- More than 700,000 of the stateless Muslim After a visit to the home of his step- sored by the German ministry of devel- grandmother Sarah Obama in the village minority have fled the western state in response opment cooperation, a basketball court would empower and educate young main opposition leader Raila Odinga, who of Kogelo, where his father was born and funded by the Giants of Africa Kenyans so they could hold their leaders have mended fences after a deadly elec- to a campaign that the US and UN have is buried, Obama recalled his first trip to Foundation and other facilities, including to account and do “remarkable, world- tion season last year. Obama is linked to described as ethnic cleansing. The reporters Kenya at the age of 27. From Nairobi he a library and IT lab. changing things”. Hailing “real progress” his Kenyan family via his father Barack have spent seven months behind bars during took first a “very slow train” and then a “The reason I put this center up is for in Kenya in recent years, he highlighted senior, a pipe-smoking economist who pre-trial hearings but were informed last week bus with “some chickens in my lap and my community to realize how wealthy corruption, tribalism and rocky elections Obama has admitted he “never truly” that the case would go ahead. If convicted, they some sweet potatoes digging into my they are. I don’t want my community to be as challenges that remain. Upon his arrival knew. He walked out when Obama was face up to 14 years in jail. Wa Lone, the first to side”. Then he had to pile into a matatu- beggars... let us start depending on our- in Kenya on Sunday, Obama paid courtesy just two and died in a car crash in Nairobi testify, told the court that he had followed stan- a minibus taxi-”even more crowded than selves,” said Auma. Obama said the center calls on President Uhuru Kenyatta and in 1982, aged 46.—AFP dard reporting procedures and not broken any laws. “I reported the news as I saw the facts and us united. Now we are all united. (Blacks) can perform in I reported right,” he said. Mandela’s legacy theatres like the Joburg Theatre now-it was not the case At the time of their arrest the journalists had before,” said guitarist Vincent Ncabashe, 49. been investigating the massacre of 10 Rohingya cherished by some, Muslims in Rakhine a week after militants ‘Not living his dream’ attacked police posts on August 25, triggering a Others recognize the achievement but are disap- brutal response from police and troops. “I challenged by others pointed in the post-apartheid reality. “Madiba is so inspiring for me,” said hip-hop singer Thobane Mkhize understood that the security forces who were SOWETO: A black and white photo of Nelson Mandela who sported a striking bouffant haircut. “But we are not on duty in that area were responsible for that in boxing attire greets visitors to the gym where the lib- living his dream,” said the 24-year-old musician. “The case. That’s why I tried to meet the police who eration hero trained in the 1950s before delivering the parliament is like a (sitcom), it is no longer a parliament were on duty,” he told the court. “I wanted to knock-out blow to apartheid decades later. “He used to because politicians are busy with corruption. Instead of confirm that situation. I did not try to meet them train here, I feel strong... Physically and mentally I get being united, we are busy looking at the colors of the to take any documents.” some strength,” said gym-goer Kgotso Phali, 18. The red skin,” he added. “There was need for a figure to reconcile The military acknowledged the massacre and white walls of the gym, located in South Africa’s black and whites,” said Genevieve Assamoi, a 45-year-old SOWETO: Mtate Phakela (19), a fashion photographer, Soweto township, smell of fresh paint. from Ivory Coast. “He was crucial in ensuring that blacks after the journalists were arrested and rare con- speaks about the legacy of anti-apartheid icon, victions were handed down for seven soldiers. The Donaldson Orlando Community Centre (DOCC) did not take revenge on whites and to allow the whites to feel safe.” “Without him, we would still be stuck in the same Nelson Mandela in Soweto on July 11, 2018. —AFP Reuters says their reporters have done nothing has been restored to its former glory to celebrate the 100th anniversary of Mandela’s birth. Mandela, South place,” said policeman and father-of-three Mpho Ngobeni. wrong. It has pointed to the pre-trial testimony Africa’s first black president known locally by his clan “(But) after we met the guys we bought the car from, of a policeman who said he was ordered to name “Madiba”, died in 2013. “People had to carry ‘He did his best’ we actually love it, they are very friendly.” Maxwell Huis, incriminate them. Rights groups have slammed passes-all these things are gone now. We are free,” At a nearby petrol station in Soweto, two white men 44, a homeless father-of-two said the reality delivered the case as an attempt to stifle reporting on the thanks to him, said Andy Zameko, who said he was in khaki outfits completed the purchase of a car from by Mandela was starkly different to that which he had crisis and have called for their release. The trial proud to work out in the same gym as Mandela. two young black men-an unusual scene in the sprawling promised. “He sold the black people to the whites. There has made international headlines and has Mandela would visit the gym several times a week to black-majority township. “The white people also got a should have been a civil war it would have changed things,” he added as he foraged for wood to burn. Mtate sparked criticism of the administration of Aung train and forget the ordeal that was the fight against the chance (to stay in South Africa),” said Kaelen Viljoen as he struggled to hide the handgun clipped to his belt. Phakela, 19, sees Mandela’s legacy very differently. San Suu Kyi, who came to power in 2016 after white supremacist regime. “The walls of... the DOCC are drenched with sweet memories that will delight me for The 22-year-old had also brought along a baseball “He gave us a revolution without a war. He gave us decades of military rule. years,” Mandela wrote to his daughter Zindzi from his bat, perched on the front seat of his 4X4. “I always have the idea of freedom through peace,” said the teenager. Reuters hired prominent rights attorney Amal cell on Robben Island where he was imprisoned for 18 a weapon with me and I would not have left it at home “But we are not economically free.” Economic divisions Clooney to join the legal team, although she has years. A copy of the letter, dated December 9, 1979, is when I came here,” said Viljoen, visiting Soweto for the still plague the country with the median monthly salary not appeared in court. The north of Rakhine displayed on a wall in the gym. first time in his life. “We called a lot of guys and we were for whites at around 10,000 rands ($753, 638 euros) but state has largely been sealed off from independ- Nearby, young musicians seek to catch the attention very worried to come here, because he said there are a just 2,800 for the black community. “He did his best,” ent journalists and observers since August last of passing tourists in front of Mandela’s former home lot of black people here, and white people driving continued Mtate. “The people who came after could have done better to free us economically.” —AFP year. Hundreds of Rohingya villages were which has been transformed into a museum. “(He) makes around here, is going to be a big problem. burned to the ground in the crackdown and refugees arriving in Bangladeshi camps have pected of leading a network charged by Osama bin Laden ers who massacred 12 people in an attack on the Charlie described widespread murder, rape and torture. France expels ‘mentor’ to attack American interests in France and is considered by Hebdo magazine in January 2015. Amedy Coulibaly, the man The military insists its campaign was a legiti- French officials to have been a mentor for several genera- who killed a policewoman and then four shoppers at a Jewish tions of aspiring jihadists. His activities have also highlighted supermarket just outside Paris that same month, also came mate response to attacks that left about a dozen of the 2015 jihadist the struggle by French authorities to prevent Islamic radi- under Beghal’s influence at the Fleury-Merogis prison south border guard police dead, but international calisation in prisons, which have proved fertile recruiting of Paris, where he also met Kouachi. pressure for accountability is building. The attackers to Algeria grounds for jihadist fighters. After their release, both Kouachi and Coulibaly visited European Union last month sanctioned seven Beghal, now 52 and stripped of his French nationality, was Beghal while he was serving out his sentence under house Myanmar security officials accused of serious PARIS: France yesterday expelled a radical Islamic preach- freed from the Vezin-le-Coquet prison near the western city arrest. Beghal was arrested again in 2010 as part of a plot to crimes including sexual violence and killings. er to Algeria after his release from prison, where he became of Rennes early yesterday. He was brought to Charles de free him as well as Smain Ait Ali Belkacem, an Algerian who Ahead of the announcement Myanmar says it a mentor to at least two jihadis who carried out deadly Gaulle airport near Paris for a flight to Algiers, a source close helped carry out Paris bomb attacks in 1995 which killed sacked one of them, Major General Maung attacks on a satirical newspaper and a Jewish supermarket to the case he said. Beghal had been under surveillance for eight people. France has suffered a wave of deadly terror suspected radicalism by French intelligence agents since the attacks since January 2015 which have claimed nearly 250 Maung Soe, the former head of the western in January 2015, officials said. Djamel Beghal was given a 10-year jail term in 2005 after being sent to France follow- mid-1990s, following his arrival in the country from his native lives, prompting the government to make permanent several command in Rakhine. —AFP ing his arrest in the United Arab Emirates shortly after the Algeria when he was 21 years old. While serving his first state of emergency measures as part of a tough new anti- September 11, 2001, terror attacks in the US. He was sus- prison sentence Beghal met Cherif Kouachi, one of the broth- terror law enacted last year. —AFP 9 International Tuesday, July 17, 2018 Walk the talk: India’s opposition urges Modi to pass women’s bill
‘Send India a message that we believe the time for change has come’
NEW DELHI: India’s opposition leader yesterday A stronger voice urged Prime Minister Narendra Modi to “walk his Prakash Javadekar, a minister and BJP spokesman, talk” by passing a long-pending bill that aims to give said Congress counted opponents of the bill among women a stronger voice in parliament. Rahul Gandhi its allies. “They have to first sort out this issue,” he offered his party’s “unconditional support” to push told reporters. The country already reserves at least a through the Women’s Reservation Bill, which provides third of village council seats for women, and this has for one-third of the seats in national and state assem- given over one million women a say in how their com- blies to be reserved for female candidates. munities are developed. But campaigners say a “Our PM says he’s a crusader for women’s empower- stronger voice for women at the top of government is ment? Time for him to rise above party politics, walk-his- also needed to bring in policies and laws that would talk & have the Women’s help ordinary women fight Reservation Bill passed by abuse, discrimination and parliament. The Congress inequality. offers him its unconditional The challenge came support,” Gandhi tweeted. They have to amid renewed debate The bill was passed by the about women’s safety in upper house in 2010, but has first sort out India after experts sur- since been sidelined after veyed by the Thomson vehement resistance from this issue Reuters Foundation ranked some male lawmakers. it the most dangerous Women hold only 12 percent country in the world for of seats in both the lower and women. India’s tourism upper houses of parliament ministry has now launched in the world’s largest democracy, compared to the global a campaign throughout its government’s overseas average of 23 percent, according to the Inter- offices to highlight that women are safe in India. Parliamentary Union. There is no reason to stop the passage of the legisla- Gandhi asked Modi in a letter attached to his tweet to tion when Modi’s government has more than 300 of take advantage of his party’s majority in parliament to the 545 seats in parliament, said Kavita Krishnan, an “send India a message that we believe the time for activist with the All India Progressive Women’s change has come”. “Women must take their rightful place Association. “This government has no excuse to not in our state legislatures and in parliament, where they are pass this bill. I think it is really overdue,” she told the at present abysmally represented,” he said. The BJP yes- Thomson Reuters Foundation. “At least put it to vote terday refused to say whether it would clear the bill in the and let the whole country know who is voting for it next parliament session which begins tomorrow. and who is not.” —Reuters MIRZAPUR: India’s Prime Minister Narendra Modi (C) speaks during his visit in Mirzapur. —AFP Pakistan Rights group warns of British caver may take ‘blatant’ bid to legal action after manipulate vote Musk ‘pedo’ tweet ISLAMABAD: Pakistan’s human rights commission BANGKOK: A British caver who helped rescue 12 yesterday slammed “blatant, aggressive and boys from a Thai cave said yesterday he may take unabashed” attempts to manipulate the upcoming legal action against Elon Musk after the entrepreneur election, as politicians expressed security fears fol- called him a “pedo”. Tesla CEO Musk launched the lowing one of the country’s deadliest attacks. A string extraordinary tirade against Vernon Unsworth without of attacks has killed 175 people across the country in providing any justification or explanation, after the cave expert slammed his offer of a miniature subma- the past week, and there have been widespread alle- rine to extract the footballers from the Tham Luang gations that the powerful military is meddling in the cave as a “PR stunt”. run-up to the July 25 vote. The “Wild Boar” team were rescued last week by The Election Commission has vowed to go ahead an international team of divers through a narrow net- with the vote “at all costs”. But the independent work of twisting, flooded tunnels. Unsworth, who pro- Human Rights Commission of Pakistan warned it was vided mapping knowledge of the cave to rescuers, “gravely concerned over what it sees as blatant, said Musk’s prototype would have had “absolutely no aggressive and unabashed attempts to manipulate the chance of working”. Musk responded Sunday in a outcome of the upcoming elections”. “While it is criti- bizarre series of tweets referring to Unsworth without KARACHI: Supporters of Pakistani militant organization Jamaat-ud-Dawa (JuD) gather during an elec- using his name as “pedo guy”. “Pedo” is short for cal that the polls are held as scheduled, there are now tion campaign rally for the upcoming general election . —AFP ample grounds to doubt their legitimacy-with alarm- pedophile. ing implications for Pakistan’s transition to an effective He then doubled down on the claim, tweeting from his official account to more than 22 million followers: democracy,” it said in a statement. job,” Mushahidullah Khan, a senior leader with the oned, heightening political tensions. “Bet ya a signed dollar it’s true”. Musk later deleted A suicide blast at a political rally in the southwest- Pakistan Muslim League-Nawaz (PML-N), told AFP. Sharif was ousted from power last year following a the tweets and did not immediately respond to a ern province of Balochistan last Friday killed 149 peo- “The elections are being contested in an environment corruption investigation. He was sentenced in absentia request for comment through Tesla. Unsworth told ple. It was the second deadliest militant attack in of fear,” the chairman of the Pakistan Peoples Party, to 10 years in prison for alleged corruption earlier this AFP yesterday he had not reviewed the tweets in full Pakistan’s long battle with violent extremism, sur- Bilawal Bhutto-Zardari, said during a visit to the month. He and his party say they are being targeted by and had only heard about them. Asked if he would passed only by an assault on a school in 2014 which Balochistan provincial capital Quetta on Monday. the military, which has also faced accusations from the take legal action against Musk over the allegation, left more than 150 people dead. The attack and others “Security should be the top priority for the govern- media, analysts and other politicians that it is using Unsworth said: “If it’s what I think it is yes.” have spurred a surge in criticism of the army. It has ment,” he said, adding: “I hope that the election will be threats and intimidation to steer votes towards Imran The caver told AFP he would make a decision when overseen a dramatic improvement in security but in held on July 25”. Other politicians from parties across Khan’s Pakistan Tehreek-e-Insaf party. The military he flies back to the UK this week, but said the episode recent months has been widely accused of what one the political spectrum have echoed his concerns. The denies the allegations and says it is taking “no direct with Musk “ain’t finished”. “He’s just a PR stunt mer- think-tank termed a “silent coup”. accusations against the military were heightened role” in the election. It has already warned of a security chant-that’s all he is,” Unsworth added. Unsworth, who “The attacks are taking place because the security Friday, when former PML-N premier Nawaz Sharif threat in the run-up to the vote and said it will deploy lives part of the year in Thailand, took part in the gar- agencies are involved in politics and not doing their returned to the country from London and was impris- more than 370,000 soldiers on polling day. —AFP gantuan 18-day effort to retrieve the 12 boys and their coach, a mission that ended on July 10 when the last five members were extracted. —AFP Australia. Bottles of the pills, weighing Massive drugs nearly 140 kilograms (310 pounds) in total, were labeled as health food, authorities said. Lab tests done on the seized drugs Indian trafficking haul intercepted confirmed they contained pseu- doephedrine, a precursor for making survivors push in Bali methamphetamine and other illegal drugs, said Indonesian customs director general DENPASAR: Bali police said yesterday Heru Pambudi. for a new law they had intercepted a huge haul of A resident of Australia, who was not iden- Australia-bound cold relief tablets that tified, had been arrested by Australian police CHENNAI/MUMBAI: Human trafficking survivors are contained a key ingredient for making illicit over the haul, Pambudi added. Indonesia urging Indian lawmakers to support proposed legislation to fight the crime, after an opposition leader said it could drugs. Some 600,000 pseudoephedrine has some of the toughest drug laws in the be used to target consenting adults working in the sex tablets being sent from South Korea to world. Foreigners are regularly caught trying industry. Congress party leader Shashi Tharoor called Australia were found during a stopover on to bring drugs into Bali and some have been sentenced to death. In the first half of 2018 for further consultations before the bill is presented to the Indonesian resort island, they said. The parliament, which resumes this week. alone Bali’s customs office said it had seized bust happened in January but was He raised his concerns to Women and Child 3.9 tons of drugs and ingredients used as BALI: An Indonesian customs officer speaks to journalists during a press conference after announced yesterday. Development Minister Maneka Gandhi in a petition methamphetamine precursors that were they seized cold relief tablets that contained a key ingredient for making illicit drugs at Indonesian authorities said they were Ngurah Rai International Airport on Indonesia’s resort island of Bali. —AFP endorsed by thousands of sex workers, hundreds of tipped off by their counterparts in being smuggled through the island. —AFP activists and 30 civil society groups. Trafficking sur- vivors and activists have rejected the petition, saying the draft legislation focuses on victims and that the law the EU ambassadors said in a joint statement. The preferences (GSP Plus) — a favorable tariff scheme to would not be used against sex workers unless they were EU warns Sri Lanka communique was supported by their colleagues from encourage developing nations to respect human rights- forcing others into the practice. Campaigners noted the Canada and Norway. restored by the EU in May 2017 after a seven-year hiatus. bill was drafted after years of consultations. Police believe the Indian Ocean island is being used Sri Lanka was denied GSP Plus status in 2010 after failing “We urge the government not to hold back passage over death penalty as a transit point by drug traffickers. More than a ton to meet its rights obligations. The Sirisena administration of this law,” said a 23-year-old who was trafficked as a of cocaine seized in recent years was destroyed by reapplied after coming to power in 2015. EU diplomats teenager. “Our lives depend on this and we cannot be COLOMBO: EU ambassadors warned Sri Lanka yes- police in January. The main Welikada prison said it have estimated that Sri Lanka gains an estimated 300 mil- held hostage to demands of adult sex workers, who terday against ending its 42-year moratorium on capital was advertising this week for two hangmen to carry lion euro ($350 million) advantage annually thanks to the choose to work,” she said in a statement by the sur- punishment and said the island risked losing trade con- out the first execution in 42 years after refurbishing GSP-Plus system. Prison spokesman Thushara Upuldeniya vivors’ organization Uththaan, which has been advocat- cessions if it went ahead. Last week President the gallows. Diplomats said they expected Sirisena to said there were 373 convicts on death row in Sri Lanka, ing for the legislation. Maithripala Sirisena said repeat drug offenders would roll back the decision, but should the island go ahead including 18 for serious drug crimes. Death sentences are Tharoor’s petition comes two years after the govern- be hanged as part of his administration’s new crack- it would loose preferential access for its exports to the still handed down for crimes including murder, rape and ment released the first draft of the bill, initiating consul- down on narcotics. 28-member EU bloc. drug-related crimes, but the last execution was in 1976. tations with experts and feedback through social media. “The diplomatic missions have requested the “If Sri Lanka resumes capital punishment, Colombo will Nearly 900 people are currently in prison after been sen- The bill was scheduled to be discussed in March, during President to maintain the moratorium on the imple- immediately lose the GSP-Plus status,” an EU diplomatic tenced to death, although many have had their sentences the last parliament session. But it was not tabled, raising mentation of the death penalty and to uphold Sri source told AFP. This refers to its generalized system of commuted to life or are appealing. —AFP concerns about further delays as political attention shifts Lanka’s tradition of opposition to capital punishment,” to the general election scheduled in 2019. —Reuters 10 Analysis Tuesday, July 17, 2018
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Triumph could be the start of a memorable era
nergetic, disciplined and clinical, France won the World Cup on Sunday with a 4-2 victory Eover Croatia that, even in such a moment of achievement, still left the feeling there may be much more to come from Didier Deschamps’ outstanding young team. With key talent Kylian Mbappe just 19 years old and the second youngest squad in the tournament, this triumph could be the start of a memorable era for French football. Deschamps was lambasted for being over-func- tional, even boring, two years ago when France lost to Portugal in the Euro 2016 final in Paris but his critics will be silent now. While he has remained a coach who focuses on creating a solid organiza- tional structure, this time he had the additional threat of Mbappe’s pace and skill to go with the cleverness of Antoine Griezmann and the physical presence and positional awareness of Olivier Giroud. This is not the France of 1984, the European champions with the creative genius of Michel ‘Highway to nowhere’ haunts Montenegro Platini and Jean Tigana and it is a less expressive team than the 1998 World Cup winners dominated erched atop massive cement pillars that tower tioned the government in May against a PPP solution justifiable from a short-term perspective, but which are by the brilliance of Zinedine Zidane. It is, however, a above Montenegro’s picturesque Moraca river that could introduce large contingent liabilities. One strategically important,” she told Reuters. The six thoroughly modern team, with technically accom- canyon, scores of Chinese workers are building a official suggested Montenegro would be better off Western Balkan countries - Albania, Bosnia and plished young players, a distinct identity and no P state-of-the-art highway through some of the roughest waiting until it joined the EU before finishing the high- Herzegovina, Kosovo, Macedonia, Montenegro and obvious weak points. “We did not play a huge terrain in southern Europe. The government has way. Once it is part of the EU, Montenegro would have Serbia - are surrounded by EU member states. But the game but we showed mental quality. And we scored described the 165 km highway, with its imposing access to more structural and cohesion funds from region has suffered from under-investment and poor four goals anyway. They deserved to win,” bridges and deep-cut tunnels, as the construction of the Brussels. But the process of joining the bloc could take governance since the independence wars of the 1990s, Deschamps said and it was hard to argue. century and a pathway to the modern world. It is a decade or more, despite a loose target date of 2025 making it an economic laggard. Their triumph is indeed fully deserved - there designed to link the port of Bar on Montenegro’s floated by the EU this year. Over the past decade, as the EU struggled with a simply was no better all-round team than France in Adriatic coast to landlocked neighbor Serbia. But once succession of crises and put enlargement of the bloc this tournament. Having topped their group, they the first, challenging 41 km stretch through mountains Feasibility studies on hold, other powers, including Russia and Turkey, revealed their counter-attacking flair and the thrill north of the capital is completed, the government faces Doubts about the highway surfaced after two feasi- have moved in to fill the void. China has been espe- of Mbappe in beating Argentina 4-3 but games a difficult choice. bility studies, conducted in 2006 and 2012, showed it cially active. In 2012, it began holding annual “16+1” which truly showed their character were the A Chinese loan for the first phase has sent was not economically viable. Reuters reviewed copies summits with eastern and southern European states expertly-managed quarter-final and semi-final vic- Montenegro’s debt soaring and forced the government of the studies, the first carried out by French firm Louis to discuss investment opportunities, infuriating tories over Uruguay and an excellent Belgian team. to raise taxes, partially freeze public sector wages and Berger for the Montenegrin government, and the sec- Brussels. A year later, it unveiled BRI, its grand plan end a benefit for mothers to get its finances in order. ond by US company URS for the EIB. Both concluded to secure land and maritime trade routes from Asia to Long stretches Despite those measures, Montenegro’s debt is expected Europe and Africa. France were not at their best in the final, with to approach 80 percent of gross domestic product The Western Balkans, strategically positioned on Croatia enjoying the better of the possession for (GDP) this year and the International Monetary Fund Europe’s southern flank, is a key access point for China long stretches and their defense struggled at times says the country cannot afford to take on any more to reach central Europe and beyond. China’s invest- against the directness and speed of winger Ivan debt to finish its ambitious project. “There is a big Chinese loan ments in the region total more than €6 billion - includ- Perisic. It was an own goal and a harshly-awarded question about how they complete it,” said an EU offi- ing highways, rail lines and power plants. Serbia, the penalty, after video review, that put Deschamps’ cial who requested anonymity. “Their fiscal space has funding most largest economy in the region and Beijing’s long-stand- side in front but once Paul Pogba had driven in the shrunk enormously. They have strangled themselves. ing ally, has received the lion’s share. Montenegro could third and Mbappe added a superbly-taken fourth, And for the time being this is a highway to nowhere.” of first stretch be attractive to China for a number of reasons. It gives the title was in their grasp. The road is at the heart of an intense debate about Beijing a port of entry into Europe from the Adriatic, Impressively, they won the final without a major Chinese influence in Europe, both within EU member and close economic and political ties with the govern- contribution from Ngolo Kante, their defensive states and countries aspiring to join the bloc such as ment in Podgorica could prove valuable for China if anchor and the best protector of a back-line in the Montenegro and its Western Balkan neighbors Serbia, Montenegro becomes an EU member. game, who has formed such an excellent partner- Macedonia and Albania. As Beijing extends its econom- there would not be enough traffic to justify a conces- ship with Pogba in the center of the field. Kante ic reach under the ambitious Belt and Road Initiative sion. Louis Berger estimated the government would ‘Disbelievers’ was booked in the 27th minute and wasn’t his nor- (BRI), poor countries across Asia and Africa have seized have to pay 35 million to 77 million euros a year in sub- The €809 million Montenegro received from China’s mal self afterwards but the strength in depth avail- on attractive Chinese loans and the promise of transfor- sidies to make a toll-based system attractive to outside Export-Import Bank covers 85 percent of the cost of able to Deschamps was evident when he was able mative infrastructure projects. investors. the first section of the road. The dollar-denominated to bring on the always reliable Steven Nzonzi in the This has allowed them to develop in ways that may URS looked at each section of the highway and con- loan carries a 2 percent interest rate, 20-year repay- 55th minute. With Nzonzi dominating central mid- not have been possible without access to China’s vast cluded that all possible combinations were economi- ment schedule and 6-year grace period - attractive field France were stronger and their last two goals foreign exchange reserves. But some countries, such as cally unworkable. It recommended a more modest terms but a major long-term burden for a country of coming after that switch. Sri Lanka, Djibouti and Mongolia, have found them- upgrade of existing roads. “The low current traffic vol- roughly 620,000 people. Under the terms of the con- As he has done throughout this tournament, selves weighed down by debt and ever more reliant on umes and the weak economic forecasts mean that the tract, an arbitration court in China would have jurisdic- Pogba played with great tactical discipline in a Beijing’s largesse. Montenegro is the first country in economic benefits of the proposed route do not pro- tion in the event of any legal dispute. CRBC won com- largely defensive role but still managed to pop up Europe to find itself in this position as its government vide adequate return on the investment,” URS said. To mitments that all imported construction materials, with the crucial goal to make it 3-1 in the final. But presses on with its dream of a gleaming new highway to justify the grand highway envisioned by the equipment and other goods be exempt from customs the player who captures the imagination in this lead the nation to a brighter future. Montenegrin government, URS said internal rates of and value-added tax. Chinese workers were given 70 team is without doubt Mbappe, whose terrifying “This highway is a big deal in Montenegro. It return of 8 percent would be required but it estimated percent of the work. pace sometimes masks his excellent touch and skill. reminds people of Tito and the days of grand socialist they would be below 2 percent. Some 3,605 workers are busy building the first sec- With experience, his decision-making will improve projects in the region,” said academic Mladen Grgic, Ivan Kekovic, an engineer who was involved in the tion of the highway. Roughly two-thirds of them are and he should be an even bigger threat in the 202 referring to former Yugoslavia’s long-time communist project in its early years but later issued an open letter from CRBC, one of the largest engineering and con- European Championship. leader Josip Broz Tito. “But it’s a trap. Now that it’s to parliament warning against it, told Reuters that aver- struction firms in the world. Four camps of neat blue- been started, the politicians can’t stop it - no matter age traffic of 22,000 to 25,000 vehicles a day would be roofed bungalows house the Chinese workers. Dotting The relative youth of the France side is no guar- how harmful it might be. And frankly they don’t want needed to justify a highway of the proposed scale. Daily the area are billboards in Chinese and English exhorting antee of improvement and they will need to show to,” said Grgic, author of a 2017 study on the highway. traffic on the busiest stretch, from the capital Podgorica them to be meticulous and responsible. “CRBC expects the same kind of hunger and desire that Croatia to the port of Bar, is less than 6,000 vehicles. Early to build the future sections of this project,” Kang Shifei, have shown throughout the tournament. But it is ‘Not bankable’ attempts to build the highway, first with a Croatian con- deputy project manager for CRBC, told Reuters on a hard not to feel that Deschamps’ side have another The idea of building a highway from the coast to sortium and then with a Greek-Israeli one, collapsed blazing hot afternoon in June, beneath the giant pillars gear available to them and are capable of some- Serbia can be traced back to 2005, a year before after both groups failed to provide bank guarantees in that will support a kilometre-long bridge above the thing really special if they need to. Argentina and Montenegro’s vote for independence from its neigh- time. Critics breathed a sigh of relief, convinced the Moraca canyon. Croatia both pushed France hard and both ended bour. The project was championed by Milo Djukanovic, project was dead. Then China appeared on the scene. Because the government did not hedge against cur- up conceding four goals. That truly is the stuff of who has served as president or prime minister of rency swings and omitted a vital turnpike from its origi- champions. — Reuters Montenegro nearly uninterrupted since 1991. The gov- China fills void nal blueprint, the cost has continued to rise. It is now ernment hopes the highway will give an economic Economics professors at the University of approaching €1 billion, nearly a quarter of boost to the country’s underdeveloped north, bolster Montenegro were paid by the state-funded Export- Montenegro’s GDP. A March report from the trade with Serbia and improve road safety as Import Bank of China to conduct a new feasibility study. Washington-based Center for Global Development Montenegro’s narrow, winding mountain roads are This one found the highway was viable, according to which examined the debt risks associated with BRI list- notoriously dangerous. the government. But this study has never been made ed Montenegro as one of eight highly vulnerable coun- Having recognized that there is little scope to take public and attempts by Reuters to see it were unsuc- tries, alongside Djibouti, the Maldives, Laos, Mongolia, on more debt, the government’s options for building cessful. China Communications Construction Co, Tajikistan, Kyrgyzstan and Pakistan. The remaining the next three phases of the highway are limited. The CRBC’s parent firm, did not respond to a request for three-quarters of the highway will plough through less option it now favors is a public private partnership comment about the studies. mountainous terrain. The IMF estimates it will cost (PPP) in which an outside partner would build and MANS, an EU-financed anti-corruption watchdog, another $1.2 billion to complete. operate the highway, then run it under a concession pressed the government to provide members of parlia- Prime Minister Dusko Markovic has said it will be from the state for 30 years to get a return on their ment with data to support its vision before a vote to finished at any cost and promised to deepen coopera- investment. China Road and Bridge Corporation approve the highway in 2014. It refused. “We have no tion with China in other areas, including hydropower (CRBC), the large state-owned Chinese company that doubt that the data that the ministry of transport used and tourism. He has dismissed critics as “disbelievers”. is building the first section, signed a memorandum of in order to justify the construction of the highway are But opposition politicians are worried - about the understanding (MOU) in March to complete the rest fabricated,” said Dejan Milovac, deputy executive country’s finances and about China’s role. Dritan of the road on a PPP basis. director at MANS. The government denies manipulating Abazovic, head of the United Reform Action opposition But European lenders worry that Montenegro would the numbers and says the highway will deliver long- party, said it was normal for an economic power such as France’s forward Kylian Mbappe holds the World Cup need to offer costly revenue guarantees to make that term economic and social benefits that prove the scep- China to seek a role in the region, alongside the EU, trophy as defender Samuel Umtiti kisses it after win- work, potentially deepening its financial woes. “We told tics wrong. United States and Russia. But because of the scale of ning the World Cup final football match between them that their PPP model was not bankable, that they Zorana Mihajlovic, deputy prime minister of Serbia, the project, he worries the deal with the Chinese will France and Croatia at the Luzhniki Stadium in Moscow would be taking on risks they don’t know how to man- which is building a stretch of highway with Chinese help end up giving Beijing much more influence over on Sunday. — AFP age,” said an official from the European Investment to link with the Montenegrin road, took a similar view. Montenegro. “It puts the Chinese in a very very com- Bank (EIB), the European Union’s lender. The IMF cau- “There are investments that may not be economically fortable position,” he said. — Reuters Established 1961
TUESDAY, JULY 17, 2018 Business
China’s Q2 GDP growth softens EU urges big powers to avert Burgan Bank re-certifies with ‘ISO 12as trade row stirs outlook fears 13 trade ‘conflict and chaos’ 14 9001:2015’ across all of its operations
LONDON: Britain’s Prime Minister Theresa May (center) is accompanied by Airbus CEO Tom Enders (right) on her arrival at the Farnborough Airshow, south west of London yesterday. — AFP UK seeks to allay Brexit fears at air show Airbus, Boeing announce a raft of deals amid optimistic outlooks
FARNBOROUGH: Britain sought to project an image of “We continue to see the aerospace market grow very fair”. Organizers also warned that aircraft could stop flying aerospace prowess long after it leaves the European strongly,” Boeing’s chief executive Dennis Muilenberg said if May fails to clinch an adequate Brexit deal with Brussels. Union, at the Farnborough airshow yesterday, as Airbus on the eve of the Farnborough show, echoing similar com- “Our worst case scenario is genuinely-and it is not and Boeing announced a raft of deals and issued optimistic ments by Airbus. alarmist or scare mongering-that aircraft will not fly,” said outlooks for the global industry. Farnborough International chairman Paul Everitt, who is China’s Sichuan Airlines said it will be buying 10 A350 No-deal warnings also head of aerospace, defense and space trade body ADS. long-haul planes with a list price of $2.8 billion, while But Farnborough is taking place in the shadow of a May sought to play down concerns with an optimistic mes- India’s Vistara signed a letter of trade war between China and sage in her inaugural speech at the show. “We’re leaving the intent to purchase 13 single- the United States as well as European Union and forging a new future for our country aisle A320neo aircraft. Britain’s stalled negotiations to and, as we do so, want to ensure that the UK remains one of Taiwan’s Starlux Airlines, exit the European Union. the best places in the world for aerospace companies to do which is developing a network Uncertainty Airbus, which employs some business,” she told participants. She said Britain wanted to across Asia and North America, 15,000 people in Britain, has “continue as world leaders in innovation” and announced said it had signed a memoran- over no-deal warned it would reconsider £343 million ($456 million, 389 million euros) in public-pri- dum of understanding for the investments in Britain if it crash- vate investment in innovative research and development, purchase of 17 Airbus planes prospects es out of the European Union including new electric aircraft technology. — 12 A350-1000s and five next year with no deal. FARNBOROUGH: A visitor tries on a Striker II helmet mounted A350-900s. Airbus chief executive Tom ‘Future fighter’ display at the BAE Systems showroom during the The Airbus deals announced Enders last month said the gov- May also announced a new £2.0 billion program with Farnborough Airshow, south west of London yesterday. — AFP at Farnborough, southwest of ernment had “no clue” over its Italy’s Leonardo to design a new generation fighter jet, fol- London, would add up to more than $17 billion at cata- Brexit plans. After Prime Minister Theresa May unveiled lowing speculation that Brexit could disrupt cooperation in Defense Secretary Gavin Williamson said Britain had “a logue price for the planes if all orders are confirmed and more conciliatory proposals last week for Britain to retain this field. “Today I can announce that the government will vision for developing next generation systems of prior to large discounts traditionally handed to purchasers. strong trading ties with the EU after Brexit, Enders howev- join with BAE Systems, Leonardo, MBDA and Rolls Royce weapons”. He said the project would be carried out by a Airbus’s US rival Boeing also announced a series of er said that the government was now “going in the right to fund the next phase of the Future Combat Air System “ground-breaking partnership”. impressive deals including 14 777s to DHL for $4.7 billion, direction”. In a tweet he urged EU negotiators in Brussels Technology Initiative through a ground-breaking partner- “This is a future fighter... a virtual cockpit, either 30 737 MAX for Jackson Square Aviation for $3.5 billion. and other European countries to be “similarly pragmatic & ship known as Team Tempest,” she said. manned or unmanned,” Williamson said. — AFP
US economy is still seen growing by 2.9 percent billion in imports from China, with another $200 preserving the global expansion.” However, The estimates for Germany, France and Italy this year, and the estimate for China remains 6.6 billion coming as soon as September, on top of without steps to “ensure the benefits are shared were cut by 0.3 points each, with Germany seen IMF warns of percent, with little impact expected near term duties on steel and aluminum from around the by all, disenchantment with existing economic expanding by 2.2 percent this year and 2.1 per- from the tariffs on tens of billions of dollars in world including key allies. China has matched arrangements could well fuel further support for cent in 2019. France’s GDP is expected to grow rising risks to exports the countries have imposed on each US tariffs dollar for dollar and threatened to growth-detracting inward-looking policies.” 1.8 percent and 1.7 percent. Meanwhile, Britain other so far. “But the risk that current trade ten- take other steps to retaliate, while US exports is now forecast to grow 1.4 percent this year, sions escalate further-with adverse effects on face retaliatory taxes from Canada, Mexico and Europe, Japan slowing 0.2 points less than the April estimate, and 1.5 global growth confidence, asset prices, and investment-is the the European Union. The sweeping US tax cuts approved in percent in 2019. greatest near-term threat to global growth,” “An escalation of trade tensions could under- December will help the economy “strengthen Japan’s GDP is seen slowing to 1.0 percent amid trade jitters IMF Chief Economist Maurice Obstfeld said. mine business and financial market sentiment, temporarily,” but growth is expected to moder- this year, two-tenths less than previously fore- The fund warns growth could be cut by a denting investment and trade,” the IMF report ate to 2.7 percent for 2019. And while the fiscal cast, “following a contraction in the first quar- WASHINGTON: The global economy is still half point by 2020 if tariff threats are carried said. In addition, “higher trade barriers would stimulus will boost US demand, is also will ter, owing to weak private consumption and expected to grow at a solid pace this year, but out. Although the global recovery is in its sec- make tradable goods less affordable, disrupt increase inflationary pressures, the WEO investment.” It should grow 0.9 percent the fol- worsening trade confrontations pose serious ond year, growth has “plateaued” and become global supply chains, and slow the spread of new warned. China’s growth also is seen slowing in lowing year. India remains a key drivers of risks to the outlook, the International Monetary less balanced, and “the risk of worse outcomes technologies, thus lowering productivity.” The 2019 to 6.4 percent. global growth, but the GDP outlook was cut Fund said yesterday. has increased,” Obstfeld said in a statement. IMF said growth prospects are below average in After upgrading growth projections for the one-tenth for this year and three-tenths for The IMF’s updated World Economic Outlook many countries and urged governments to take euro area in the April WEO, the IMF revised next year to 7.3 percent and 7.5 percent, (WEO) forecast global growth of 3.9 percent Addressing ‘disenchantment’ steps to ensure economic growth will continue. them down by two-tenths in 2018 to 2.2 percent, respectively. Brazil saw an even sharper 0.5- this year and next, despite sharp downgrades to The report comes as US President Donald The fund said global cooperation and a “rule- due to “negative surprises to activity in early point downward revisions from the April fore- estimates for Germany, France and Japan. The Trump has imposed steep tariffs duties on $34 based trade system has a vital role to play in 2018,” and another tenth in 2019 to 1.9 percent. cast, to 1.8 percent this year. — AFP 12 Business Tuesday, July 17, 2018 China’s Q2 GDP growth softens as trade row stirs outlook fears Infrastructure investment projects seen rising BEIJING: China’s economy expanded at a slower pace in Slowdown risks, govt support the second quarter as Beijing’s efforts to contain debt hurt China’s economy has already felt the pinch from a mul- activity, while June factory output growth weakened to a ti-year crackdown on riskier lending that has driven up two-year low in a worrying sign for investment and corporate borrowing costs, prompting the central bank to exporters as a trade war with the United States intensified. pump out more cash by cutting reserve requirements for The world’s second-largest economy grew 6.7 percent lenders. Data on Friday showed China’s exports grew in the last quarter year-on-year - matching expectations - solidly in June, though analysts suggest front-loading of and looks set to meet the official 2018 growth target of shipments ahead of tariffs taking effect may have boosted around 6.5 percent, though the trade row with the figures. Washington, a slowing property market and lower ship- The administration of US President Donald Trump has ments have sharply increased the risks to the outlook. raised the stakes in its trade row with China, saying it “We expect growth in H2 to be challenged by the slow would slap 10 percent tariffs on an extra $200 billion credit growth and softer real estate activity. Also, the worth of Chinese imports. That threat came only days after intensifying trade conflict with the US will start to weigh both countries slapped tit-for-tat tariffs on $34 billion on growth,” Louis Kuijs, Head Of Asia Economics for worth of each other’s goods. Oxford Economics in Hong Kong, wrote in a note. The property market, a key economic driver, also The second quarter GDP figure was slightly below the slowed, as property investment posted its weakest first quarter’s 6.8 percent, the National Bureau of Statistics growth in six months in June, with sales also cooling. said yesterday, with net exports a drag on overall first half Faced with slowing domestic demand and the trade war economic growth. risks, Chinese policymakers have started to step up sup- As the trade tussle with Washington shows no signs of port for the economy and have softened their stance on ebbing and the external sector continues to weigh on deleveraging. China’s economy, more timely monthly activity data indi- Some analysts are calling for even stronger measures. cated growth was slowing at a faster pace going into the “If the situation gets worse a lot faster than what we second half of the year. expect I do think Chinese authorities need to beef up First-half growth in fixed asset investment - which supportive measures, both fiscal and monetary,” said Iris includes spending on new homes, factories, roads and Pang, Greater China Economist at ING in Hong Kong. ports - was a record low, while industrial output for June Statistics bureau spokesman Mao Shengyong told matched the slowest growth rate in over two years at 6.0 reporters yesterday that he expects more infrastructure percent and missed forecasts of 6.5 percent expansion. projects to be launched after Beijing completes its inspec- BEIJING: People walk in an alley behind a commercial district in Beijing yesterday. — AFP The data weighed on Asian markets, adding to concerns tions on local government debt. But a sustained rebound about the impact from the Sino-US trade war on the global in infrastructure spending could indicate some backtrack- suggested. Final consumption contributed 78.5 percent of While economists are generally sanguine about China’s economy and China. The Shanghai Composite index and the ing on deleveraging, especially if credit growth also picks first half growth, compared to 63.4 percent in the same slower growth trajectory, many are wary of the risks to blue-chip CSI300, the world’s worst-performing major up, likely exacerbating the country’s debt challenge. period last year, and higher even than in the first quarter, the outlook from the escalating trade dispute with the indexes this year, each fell over 0.6 percent. MSCI’s broadest Fixed asset investment in infrastructure grew 7.3 per- when spending typically peaks due to the influence from United States. index of Asia-Pacific shares outside Japan fell 0.4 percent. cent in the first half of the year, compared to 21.1 percent the Chinese New Year holiday. “Uncertainty about the scale and composition of US On a quarterly basis, growth picked up 1.8 percent in the first half of 2017. But that data also includes government spending and is tariffs on China’s exports is already dampening business from 1.4 percent in the first quarter, beating expectations pushed up when net exports are a negative factor as they confidence and delaying investment, especially cross- of 1.6 percent growth, mainly supported by domestic Consumer to the rescue? have been this year. border investment,” Oxford Economics’ Kuijs said. “If consumption. Despite slower factory output growth over- China is looking to consumer spending to drive the Retail sales growth picked up in June from May, but the US and China do not resume talks in the next two all, China’s steel mills churned out record amounts of the economy as it rebalances away from government-driven year-to-date growth is down to 9.4 percent from 10.4 months or so, the conflict will escalate further, with construction material in June as producers rushed to cash investment and the export sector, but the evidence in the percent in the first half of last year. The surveyed jobless major economic implications for themselves and the in on hefty margins. first half was less encouraging than headline statistics rate in June was unchanged from May at 4.8 percent. global economy.” — Reuters
Northrop Grumman upbeat on talks Germany’s Linde sells off for German Americas units over merger bid drone contract FRANKFURT AM MAIN: German indus- German firm’s selloff of the Americas units trial gases supplier Linde said yesterday it comes after concessions on Praxair’s side, FARNBOROUGH: Northrop Grumman Corp is would sell off much of its business in the with the Connecticut-based firm saying upbeat about the prospects for the sale of its Americas, as it pursues competition earlier this month it would sell its European high-altitude Triton MQ-4C unmanned surveil- approval for its mega-merger with US businesses to Japan’s Taiyo Nippon Sanso lance system to Germany, but says the deal competitor Praxair. The group said in a for $5.9 billion. could take several years to complete. Brian statement it would sell “the majority of its Meanwhile, Linde and US-based Chappel, sector vice president and general man- gas business in North America as well as Praxair said they had agreed to sell the ager of autonomous systems at Northrop, said some activities in South America” to a American firm’s European gas business, in the German government was working closely consortium between Germany’s Messer a concession to Brussels competition with the U.S. Navy to move forward after the Group, another gases producer, and authorities probing their gigantic merger. State Department in April authorized the sale of Luxembourg-based CVC Capital Partners. “Praxair... has signed an agreement to up to four drones worth up to $2.5 billion. Buyers will lay down $3.3 billion to sell the majority of its businesses in Northrop and Airbus Defense and Space, a snap up Linde’s bulk gases business in the Europe to Taiyo Nippon Sanso unit of Airbus SE, have teamed up on the pro- United States and activities in Brazil, Corporation” for five billion euros ($5.9 gram, to be called Pegagus in Germany, which Canada and Colombia, with combined billion), the US firm said in a statement. will help Germany beef up its surveillance capa- annual revenues of around $1.7 billion. The units to be sold boast annual rev- FARNBOROUGH: Britain’s Defense Secretary Gavin Williamson speaks during the unveiling of a bilities. The aircraft are launched from land and But the deal will only go ahead if enues of “approximately 1.3 billion model of a new fighter jet, a part of Team Tempest, at the Farnborough Airshow, south west of can be programmed to fly autonomously as high Linde’s merger with Praxair-a deal worth euros” from operations in 12 EU coun- London, yesterday. — AFP as 60,000 feet to gather a wide array of intelli- around $65 billion that would create the tries including France, Germany, Italy gence data. world’s biggest supplier of gases like oxy- and the UK and employ some 2,500 gen and helium-is itself given a green people, the statement continued. The German government plans to buy three tifying the drones’ use in civil airspace - was the contracting pipe is what we’re working on,” light by competition authorities. “Linde Praxair’s deal with Taiyo Nippon Sanso of the drones, equipped with sensors and a moving forward more smoothly this time. “The he said. German government sources have said judges the disposal of these business will only go ahead if the European mission system built by Airbus, with deliveries German government understands what they it will be less costly to get aviation approval for areas necessary to enable approval of the Commission approves its $65-billion tie- to start in 2025, according to government want,” Chappel told Reuters ahead of the Triton since the process is being baked in from Farnborough air show. “We’re going to be very the start of the program. planned merger by the relevant competi- up with Linde, which the two firms have documents. The decision came after the messy tion authorities,” the group said. The been pursuing since 2016. — AFP 2013 cancellation of plans to buy a version of careful and make sure we start a program that’s Northrop developed the Triton, a marine- Northrop’s Global Hawk drone, after it going to be successful because nobody wants to based variant of its Global Hawk, for the US became it clear it could cost up to 600 million have a problem again.” Navy under a contract awarded in 2008. euros to get the new system approved for use He said the groundwork had been laid on Australia last month said it would buy six of the in civil airspace. both sides, and all the parties involved were Triton remotely piloted aircraft to beef up its prices by just 6 million barrels in the Chappel said he was upbeat given that the closely aligned to get the deal done. “All the maritime patrols, with the initial investment of Hedge funds seven days to July 10. Net length entire process - including preparations for cer- homework has been done ... getting it through A$1.4 billion ($1 billion). — Reuters increased for the third week running but the rise was much smaller than in the remain quiet week ending July 3 (+47 million barrels) and June — 10.5 percent lower than the same 79-percent slump in profits in the first quarter, to or June 26 (+36 million) indicating the Deutsche Bank period last year. But the result is much beefier than just 120 million euros, company lifer Sewing before oil recent wave of position-building was predictions from analysts surveyed by data com- announced it was time to “act decisively” by largely complete. pany Factset, who forecast net income of around slashing some activities at its flagship corporate price plunge Portfolio managers cut net long posi- beats earnings 120 million euros. Meanwhile, Deutsche Bank said and investment banking division. tions in Brent (-10 million barrels) while second-quarter revenues would be stable year- In future, Deutsche plans to reduce its pres- LONDON: Hedge fund managers made adding them in NYMEX and ICE WTI forecasts in Q2 on-year, at around 6.6 billion euros-higher than ence in the United States and Asia in favour of few adjustments to their positions in the (+1 million), US gasoline (+6 million), US analysts’ forecast of around 6.4 billion. Europe and Germany and retreat from certain petroleum complex in the week ending on heating oil (+5 million) and European FRANKFURT: Germany’s biggest lender “Management believes that these results trading activities. Shares in the group surged on July 10, as the market remained calm - gasoil (+4 million). The previous posi- Deutsche Bank said yesterday it had far out- demonstrate the resilience of the franchise,” the the preliminary results release in Monday morn- before oil prices plunged the following day. tion-building in WTI ran out of steam, stripped analysts’ estimates of its earnings in the group said in a statement. Deutsche is looking to ing trading, gaining 5.1 percent to trade at 10.10 Hedge funds and other money man- with fund managers adding just 1 million second quarter, but its bottom line remained project a refreshed, confident image to investors euros by 0850 GMT in Frankfurt and topping agers raised their net long position in barrels of net long positions, compared short of last year’s performance. The group said under new chief executive Christian Sewing, who the DAX index of blue-chip German stocks. The the six most important futures and with 41 million and 75 million in the two it would report net income of “approximately replaced crisis firefighter John Cryan at the head bank will publish its complete second quarter options contracts linked to petroleum prior weeks. — Reuters 400 million euros” ($467 million) between April of the bank in April. After the group reported a results on July 25. — AFP
reservation. It also said the terms did not EU warns Airbnb give consumers adequate protection in the EXCHANGE RATES event of a booking cancellation by the to obey rules property owner. The European Commission and EU national consumer BAHRAIN EXCHANGE COMPANY WLL authorities would meet with Airbnb in or risk fines September if needed to tackle any remain- CURRENCY BUY SELL America Taiwan 0.009806 0.009986 ing concerns, it said. Europe Canadian Dollar 0.225427 0.234427 Thai Baht 0.008814 0.009384 BRUSSELS: The European Union yester- “If the company’s proposals are not British Pound 0.394716 0.408616 US Dollars 0.299450 0.304750 day warned holiday rental site Airbnb to considered satisfactory, consumer authori- Czech Korune 0.005677 0.014977 US Dollars Mint 0.299950 0.304750 Arab bring consumer terms in line with the bloc’s Danish Krone 0.043510 0.048510 Bahraini Dinar 0.789964 0.806464 ties could decide to resort to enforcement Asia Egyptian Pound 0.014332 0.020050 rules or risk financial penalties. measures,” it said. Euro 0. 347213 0.360913 Georgian Lari 0.123101 0.123010 Bangladesh Taka 0.003103 0.003904 Iranian Riyal 0.000084 0.000085 The European Commission, the execu- EU Justice and Consumer Affairs com- Chinese Yuan 0.044041 0.047541 Iraqi Dinar 0.000197 0.000257 tive arm of the 28-nation EU, said it found Hungarian 0.001008 0.001198 missioner Vera Jourova told a press confer- Norwegian Krone 0.033384 0.038584 Hong Kong Dollar 0.036587 0.039337 Jordanian Dinar 0.423836 0.432836 Kuwaiti Dinar 1.000000 1.000000 that some of Airbnb’s pricing and other ence the action might result “in different Romanian Leu 0.059249 0.076099 Indian Rupee 0.003890 0.004662 Lebanese Pound 0.000156 0.000250 terms failed to meet EU guidelines. “Airbnb sanctions” by the national consumer Russian ruble 0.004842 0.004842 Indonesian Rupiah 0.000017 0.000023 has now until the end of August to propose Japanese Yen 0.002613 0.002793 Moroccan Dirhams 0.020565 0.044565 authorities. In a decade, San Francisco- Slovakia 0.009060 0.019060 Omani Riyal 0.782123 0.787803 detailed solutions on how to bring its con- based Airbnb has grown into a multi-billion Swedish Krona 0.030127 0.035127 Korean Won 0.000258 0.000273 Malaysian Ringgit 0.071430 0.077430 Qatar Riyal 0.079088 0.084028 duct in compliance with EU consumer leg- dollar firm competing with hotels by link- Swiss Franc 0.296502 0.307502 Saudi Riyal 0.079860 0.081160 Nepalese Rupee 0.002624 0.002964 islation,” the commission said. ing online consumers with property own- Syrian Pound 0.001287 0.001507 Pakistan Rupee 0.001864 0.002634 Brussels said the firm failed to meet EU ers offering attractive prices. Australasia Tunisian Dinar 0.111034 0.119034 Australian Dollar 0.217018 0.229018 Philippine Peso 0.005501 0.005801 Turkish Lira 0.057097 0.067397 guidelines on price transparency, with “Popularity cannot be an excuse for not Singapore Dollar 0.217047 0.227047 some prospective customers seeing prices New Zealand Dollar 0.199257 0.208757 UAE Dirhams 0.081220 0.067397 complying with EU consumer rules,” Sri Lankan Rupee 0.001610 0.002190 Yemeni Riyal 0.000987 0.001067 increase as they proceeded with making a Jourova added. — AFP Established 1961 13 Business Tuesday, July 17, 2018 World needs 43,000 more planes in 20 years: Boeing Airbus announces deals with Chinese, Indian and Taiwanese airlines
LONDON: The world needs to produce 43,000 new air- to purchase 13 single-aisle A320neo aircraft. Taiwan’s craft over the next two decades to meet booming Starlux Airlines, which is developing a network across demand, Boeing’s CEO forecast here on Sunday. Dennis Asia and North America, said it had signed a memoran- Muilenberg, chief executive of the US aerospace giant, dum of understanding for the purchase of 17 Airbus revealed the outlook upgrade to reporters in London planes — 12 A350-1000s and five A350-900s. before the sector’s Farnborough Air Show yesterday. The Airbus deals announced at Farnborough, south- “We continue to see the aerospace market grow very west of London, would add up to more than $17 billion strongly,” said Muilenberg. “We see $8.1-trillion market- at catalogue price for the planes if all orders are con- place in the next ten years” for commercial, defense and firmed and prior to large discounts traditionally handed services, he added. “We further increased our estimates to purchasers. Airbus’s US rival Boeing also announced in the next 20 years. “We expect the world to need a series of impressive deals including 14 777s to DHL roughly 43,000 new commercial airplanes. That’s up for $4.7 billion, 30 737 MAX for Jackson Square from last year’s estimates.” Aviation for $3.5 billion. Boeing will publish exact details of its latest outlook “We continue to see the aerospace market grow very today, the second day of the Farnborough event held strongly,” Boeing’s chief executive Dennis Muilenberg southwest of London. European arch-rival Airbus had said on the eve of the Farnborough show, echoing similar forecast last week that the world’s passenger fleet would comments by Airbus. But Farnborough is taking place in more than double to 48,000 aircraft over the next 20 the shadow of a looming trade war between China and years, on the back of keen demand from emerging the United States as well as Britain’s stalled negotiations economies and low-cost airlines. to exit the European Union. Airbus, which employs some In a revised market outlook, Airbus had put the value 15,000 people in Britain, has warned it would reconsider of nearly 37,400 new aircraft required to meet global investments in Britain if it crashes out of the European demand at $5.8 trillion by 2037. In 2017, Airbus had Union next year with no deal. estimated the world would need 35,000 new planes by Airbus chief executive Tom Enders last month said the 2036, valued at $5.3 trillion. Airbus and Boeing mean- government had “no clue” over its Brexit plans. while continue their head-to-head dogfight at the bien- After Prime Minister Theresa May unveiled more nial Farnborough event, locked in a battle for lucrative conciliatory proposals last week for Britain to retain multi-billion-dollar jet orders. Airbus strikes deals in strong trading ties with the EU after Brexit, Enders LONDON: Boeing Commercial Airplanes CEO, Kevin McAllister (left) looks on as Qatar Airways CEO, Akbar China, India amid Brexit concerns. however said that the government was now “going in Al Baker announces the purchase of planes for their cargo department at the Farnborough Airshow, the right direction”. He urged EU negotiators in south west of London yesterday. —AFP Upbeat note Brussels and other European countries to be “similarly European aerospace giant Airbus announced deals pragmatic & fair”. with Chinese, Indian and Taiwanese airlines yesterday, Organizers also warned that aircraft could stop fly- space trade body ADS. world for aerospace companies to do business,” she told kicking off the Farnborough airshow in Britain on an ing if May fails to clinch an adequate Brexit deal with May sought to play down concerns with an optimistic participants. She said Britain wanted to “continue as upbeat note despite concerns about the effects of Brexit. Brussels. “Our worst case scenario is genuinely-and it message in her inaugural speech at the show. world leaders in innovation” and announced £343 million China’s Sichuan Airlines said it will be buying 10 A350 is not alarmist or scare mongering-that aircraft will not “We’re leaving the European Union and forging a ($456 million, 389 million euros) in public-private invest- long-haul planes with a list price of $2.8 billion (2.4 bil- fly,” said Farnborough International chairman Paul new future for our country and, as we do so, want to ment in innovative research and development, including lion euros), while India’s Vistara signed a letter of intent Everitt, who is also head of aerospace, defence and ensure that the UK remains one of the best places in the new electric aircraft technology. —AFP
Sunday in which he labelled the EU, Russia and China as EU urges big powers “foes” of the United States. ‘Multilateralism under attack’ to avert trade Tusk said the world needs trade reform and not con- frontation. “This is why I am calling on our Chinese hosts, Stock markets, dollar ‘conflict and chaos’ but also on Presidents Trump and Putin, to jointly start this process from a thorough reform of the WTO (World mixed with all eyes BEIJING: The European Union yesterday urged the Trade Organization),” Tusk said, without specifying the United States, China and Russia to work together to ease reforms. worsening global trade tensions, warning that they could “Today we are facing a dilemma: whether to play a on Trump, Putin meet otherwise spiral into “conflict and chaos”. The com- tough game, such as tariff wars and conflict in places like ments from EU Council President Donald Tusk come as Ukraine and Syria, or to look for common solutions BEIJING: China’s Premier Li Keqiang (Right) shows the way LONDON: Stock markets were mixed yesterday, Washington and Beijing stand on the brink of a trade war based on fair rules,” Tusk said. for European Commission President Jean-Claude Juncker with traders reacting to weaker Chinese economic which many fear could hammer the global economy, In a meeting later with Chinese President Xi Jinping, (left) as they attend the China-EU Business Roundtable at the data and upbeat earnings at Deutsche Bank. The while the US has also picked fights with allies in Europe Juncker said that “multilateralism is under attack, an Great Hall of the People in Beijing yesterday. —AFP dollar was up versus the yen but down against the and Canada. attack unprecedented since the end of World War II.” euro and pound, with all eyes on US President “It is the common duty of Europe and China, but also “We cannot accept that through unilateral attacks, the billion tariff threat to existing WTO complaints which it Donald Trump’s summit with Russian counterpart America and Russia, not to destroy (the global trade multilateral system should be damaged,” he said, also has lodged against Washington. The back-and-forth has Vladimir Putin in Helsinki. Oil prices slid more than order) but to improve it, not to start trade wars which stressing the need for WTO reform. heightened fears that trading powers will hunker down one dollar. turned into hot conflicts so often in our history,” Tusk said French President Emmanuel Macron had called in late into a destructive all-out trade war that could hit global “It’s been a slow start to the trading week in in Beijing. “There is still time to prevent conflict and May for talks on overhauling the WTO at a time when growth. China said yesterday that its economic growth Europe after a rather mixed Asia session saw chaos.” Tusk spoke at an annual EU-China summit held European companies were bracing for punishing US tar- rate had slowed slightly to 6.7 percent in the second Chinese” growth slow, noted Michael Hewson, yesterday against the backdrop of the deepening trade iffs on steel and aluminum imports that ultimately went quarter of this year, from 6.8 percent the previous quar- chief market analyst at CMC Markets UK. US mar- discord. The EU-the world’s biggest single market with into effect on June 1. Besides the steel and aluminum tar- ter, and a government spokesman warned that a trade kets opened slightly higher with a rise in retail 28 countries and 500 million people-is trying to buttress iffs on the EU, Russia and major US trading partners, conflict threatens all the countries concerned. alliances in the face of the protectionism unleashed by US Trump earlier this month implemented tariffs on $34 bil- “The China-US trade friction unilaterally provoked by spending in June helping sentiment. After a positive President Donald Trump’s “America First” administration. lion worth of Chinese imports, drawing a tit-for-tat the United States will have an impact on the Chinese and end to last week’s roller-coaster ride for equities, The meeting between Chinese and European officials response from Beijing. US economies,” said Mao Shengyong, a spokesman for investors shifted back into defensive mode, with in Beijing, which also included European Commission Washington last week threatened yet more measures the national statistics bureau. concerns about the impact of tit-for-tat tariffs on head Jean-Claude Juncker, came as Trump prepared to on another $200 billion in Chinese goods. “Now that the world economy is deeply integrated, the world’s top two economies, China and the hold talks in Helsinki with Russian leader Vladimir Putin. Beijing has said it would retaliate for that, and yester- industrial chains have become globalised, and many United States. —AFP Trump fuelled the rising rancor in an interview aired day the Commerce Ministry said it had added the $200 related countries also will feel an impact.” —AFP 14 Established 1961 Tuesday, July 17, 2018 Business Burgan Bank re-certifies with ‘ISO 9001:2015’ across all of its operations
Bank striving for excellence through high quality products and services
KUWAIT: Burgan Bank, one of the most dynamic banks tries, ISO certification serves as a vital tool that ensures in Kuwait, recently announced that it has successfully re- that operational risks are identified and addressed prior certified with ISO 9001:2015 certification across all of its to occurrence, thereby attributing to high quality assur- operations. Through this re-certification, Burgan Bank ance of operations. has once again demonstrated its ability to effectively and Venkat Menon - Group Chief Operations & efficiently provide an internationally recognized quality Technology Officer commented on the accomplishment,” management system, while continuously advancing its Achieving the re-certification is a proud moment for all of products and services. us at Burgan Bank. This encourages us to continue to The prestigious certification is testament to Burgan focus on achieving excellence in all our processes so as Bank’s pursuit of excellence, prudence and compliance to to effectively and consistently meet the needs and expec- the highest quality standards, and is an important acco- tations of our customers. We will continue to innovate lade that solidifies the bank’s position in the local and and adopt the latest standards in banking to sustain suc- international market. The re-certification mechanism and cess and excellence across the board”. methodology followed in this regard was granted after a Burgan Bank is one of the first banks in the GCC to comprehensive review and careful auditing of all its receive such a certification for the fifth consecutive peri- departments by Bureau Veritas in accordance with the od. The Bank received its first ever ISO 9001 certification International Organization for Standardization (ISO). in 2003, becoming one of the first banks in the Middle International Organization for Standardization “ISO” is East to receive the ISO 9001certification across all of its the world’s leading developer of international standards, business functions, operating units and branches. which specify the requirements for state-of-the-art prod- The re-certification marks the beginning of a new 3- ucts, services, processes, materials and systems, and for year Quality Management cycle during which the bank is good conformity assessment, managerial and organiza- required to continually maintain and enhance its quality tional practice. As a professional standard, it is utilized to assurance and high level proficiency of operations. certify Quality Management systems focusing on contin- The latest recognition of Burgan Bank’s high quality uous improvement, complete customer satisfaction, and products and services falls in line with its strategic objec- the active involvement of both the management and tive and solid commitment to its customers and stake- employees in a stringent process-based approach. holders, also re-confirming the bank’s successful invest- Developed by an association of governmental and non- ment in its human resources, customers, processes, and governmental organizations from more than 160 coun- technologies, that continue to ameliorate over the years.
with products and servic- Redeem points and es that are advanced and safe,” explained Hanadi Jehad Al-Humaidhi Khazal, Chief Marketing travel to your Officer, National Bank of Kuwait. “We offer our appointed as AUB favorite destination customers the very rewarding NBK Miles Deputy CEO - Banking World Mastercard that with NBK Miles allow them to easily Support Group redeem points earned and World Mastercard plan their next trip entire- KUWAIT: Ahli ty from: booking tickets to United Bank (AUB) KUWAIT: As part of its continued commitment to hotel accommodation, and has announced the providing leading products and services as well as even transportation.” Hanadi Khazal appointment of Jehad rewards and exclusive features, the National Bank of Khazal added: “The Saud Al-Humaidhi as Kuwait offers Miles World Mastercard Credit Card, NBK Miles World Mastercard gives you supreme Deputy CEO - enabling customers to earn NBK Miles Points every flexibility. Cardholders also benefit from many other Cardholders are also eligible for the NBK Rewards Banking Support time they use it for retail purchases, cash advances rewards and services including the NBK Rewards Program, the largest loyalty program in the region Group as of 28 June and online transactions when in Kuwait or abroad. Program and access to the best lounges across the with more than 700 partner outlets in fashion, dining, 2018, after obtaining The NBK Miles World Mastercard gives you globe.” lifestyle and entertainment. They are also eligible to the approval of the supreme flexibility. Cardholders can fly to any desti- NBK Miles World Mastercard Credit Card hold- numerous other benefits including travel insurance, Central Bank of nation on any airline, from any point of origin, and at ers earn 3 NBK Miles Points for each KD 1 spent in free valet parking, concierge service, travel offers, Kuwait. any time of the year. They can redeem their NBK Kuwait and 5 NBK Miles Points for each KD 1 spent discounts and much more. Jehad was former- Miles Points to book flights with more than 800 air- while traveling abroad. You earn points while Customers can learn more about NBK credit cards ly Senior General lines, 150,000 hotels, and renowned car rental agen- redeeming miles and the redeemed miles can be by visiting the award-winning redesigned NBK.com Manager - IT & cies around the world. New cardholders receive used to book travel anywhere and anytime. Even website. Check out the ‘Right for me’ comparison tool Operations at Ahli Jehad Saud Al-Humaidhi 10,000 free bonus points upon using their new NBK ticket taxes can be paid using your miles points. to help choose the right card to receive the rewards, United Bank and was Miles World Mastercard for the first time. There are no blackout dates, and no limit on the promotions and benefits that suit your individual appointed to succeed Ahmed Zulficar, who has “We are always focused on providing customers number of seats. lifestyle, banking and travel needs. recently retired. Jehad is one of the most experienced and dis- tinguished Kuwaiti banking professionals. With US Federal Reserve chair Jerome Powell’s scheduled more than 33 years of experience in banking at Bank of America Eurozone yields testimony to lawmakers today. Ahli United Bank, she was able to drive an Benchmark euro zone bond yields were mostly flat extensive range of initiatives that helped trans- profits up on or marginally higher on Monday, with Germany’s 10- form AUB’s IT & Operational capabilities. near lows as China year government bond yield unchanged at 0.285 per- Jehad joined the Bank immediately upon her cent. Some investors are now treating a recently issued graduation from university in 1984. She started lower taxes, slowdown puts German August 2028 bond as the new 10-year bench- her career as an IT programmer and held various mark; that bond was yielding 0.34 percent yesterday. managerial positions related to Operations, French and Belgian 10-year benchmark yields rose Administration, Technical Facilities and Data higher lending trade war in focus 1-2 basis points, but were still close to their lowest lev- Processing and Development. Since 2011, she els since at least early January hit on Friday. LONDON: High-grade eurozone bond yields hovered was appointed as General Manager - IT & near recent lows yesterday as softening Chinese Operations, to be promoted to Senior General Italy relief Manager in 2016. In addition she is also board growth kept investors wary about the potential global Elsewhere, Italian EU Affairs Minister Paulo Savona economic impact of a trade dispute between the United member of K-NET, Vice-Chairman of Ci Net, is reported to have said that Rome has proposed to the and member of the Board of Directors of the States and other major countries. EU to be allowed to spend an extra 50 billion euros, China’s economy expanded at a slower pace in the Gulf Custody Company. Ms. Jehad holds a which is approximately 2.7 percent of the country’s degree of Bachelor of Science - Mathematics, second quarter as Beijing’s efforts to contain debt GDP. “The news that Italy asks for more spending is not crimped activity, while June factory output growth from Kuwait University. a surprise, but the tone from Savona was a lot more Jehad was recently awarded the “Women weakened to a two-year low in a worrying sign for conciliatory, so that is reassuring,” said Mizuho strate- investment and exporters as a trade war with the US Entrepreneur of the Year 2017” in the field of IT, gist Antoine Bouvet. Banking & Finance by the prestigious intensified. “The end game is to get more spending, not get Better-rated eurozone government debt usually ben- International Finance magazine. in a grand cele- out of the EU, so if one of the most eurosceptic mem- bration that was held in Dubai on Jan 18, 2018. efits from a flight to safety in troubled times, and yes- bers takes a pragmatic approach that’s more posi- On this occasion, AUB’s CEO Richard Groves terday their yields - which move inversely to price - tive,” he said. said “The appointment of Jehad Al-Humaidhi to remained close to their lowest levels in weeks, and in Italian yields came off morning highs and 10-year this position is a confirmation of the stability and some cases, months. “The question is what happens yields turned flat on the day while two-year yields were strength of the succession plan in AUB’s man- when tariffs spill over into real data. I heard my econo- lower 5 basis points at one point to hit a near two- NEW YORK: A sign for Bank of America is seen on Third Avenue agement team. I am delighted to have Jehad in New York City. —AFP mist saying that some of the Fed regional reports week low of 0.65 percent, before settling at 0.67 per- move into this senior position which reflects her already point to some worries there,” said ING strate- cent. Analysts at ratings agency DBRS said in a state- enormous experience and ability, and her full gist Benjamin Schroeder. ment that came out ahead of the Savona headlines that NEW YORK: Bank of America reported a jump in sec- commitment not only to AUB, but also to the “So this makes the Powell speech important this the expected deviations from current fiscal targets are ond-quarter earnings yesterday, boosted by higher wider banking industry in Kuwait”. week, if he makes any comments on how the trade tar- unlikely to undermine Italy’s public debt sustainability interest rates, increased lending and lower US tax iffs may affect the US economy,” he said, referring to materially. —Reuters expenses. Currently the second biggest US bank by assets after JPMorgan Chase, Bank of America report- ed net income of $6.5 billion, up 36.3 percent from the labor shortages driving firms to raise pay, increase imposed on $34 billion in goods which took year-ago period. Some manufacturers training and consider additional automation,” Sara effect earlier this month. Revenues were $22.6 billion, down one percent. Rutledge, chair of the quarterly survey, said in a Economists say this could boost inflation, which Higher interest rates have been a source of profit statement. already is beginning to rise after a decade of eco- growth in the sector by permitting banks to charge feeling trade war more for loans. Analysts say over time, this benefit will Companies reported rising profits and higher nomic recovery, albeit gradually. erode once banks are pressured to raise interest pay- sales expectations. But despite the scarcity of Still, a majority in the NABE survey, 65 per- ments to depositors. Other positive points in the second pinch: Survey workers, a survey index of wage growth slowed cent, said trade concerns were not causing their quarter included an increase in overall loans, as well as after hitting a record in April. companies to change plans for investment, hiring higher revenues in key equity and fixed income trading WASHINGTON: Some US manufacturers are The survey, which polled 98 economists at pri- or pricing. divisions. delaying investments and raising prices as President vate companies and trade associations, also found Things were chillier in the goods producing sec- Like other large banks, earnings were also lifted by Donald Trump escalates trade wars with key US signs of rising prices, a possible sign that inflation tor, however, with only 37 percent reporting no much lower tax expenses after the US cut its tax rate economic partners but most companies report no and Trump’s new import duties were filtering into change. last December. “Solid operating leverage and client change, according to a survey released yesterday. the economy. An index of prices charged hit a 12- Among manufacturers, 26 percent said they were activity drove earnings higher this quarter,” said Bank The National Association for Business of America chief executive Brian Moynihan. year record, jumping 14 points, while a measure of delaying planned investments and 16 percent “Responsible growth continued to deliver as a driver Economics also found in its monthly report that materials costs hit a seven-year record, soaring 15 reported having to raise prices. And, as the same for every area of the country.” members unanimously expected economic growth points. survey had found April, most respondents, or 65 Earnings translated into 63 cents per share, six cents to continue in the next year, with most forecasting Trump this week began the process to impose percent, said they were not changing plans to hire above analyst expectations. Shares rose 0.5 percent to inflation adjusted growth of more than two percent. tariffs on up to $200 billion in additional or invest because of December’s sweeping corpo- $28.70 in pre-market trading. —AFP “Labor market conditions are tight with skilled imports from China, adding to the levies rate tax cuts. —AFP Established 1961 15 Technology Tuesday, July 17, 2018 Power to drones: Utilities place bets on robots Flying robots, next big thing for power companies
MILAN/FRANKFURT: Flying robots that can that make the machines for utilities, and a fleet of flights but the aviation regulator, the FAA, is looking travel dozens of kilometers without stopping could dozens if not hundreds would be needed to monitor to simplify and speed the process of winning such be the next big thing for power companies. Utilities a network. Power grid companies are expected to waivers, including by automating it. in Europe are looking to long-distance drones to spend over $13 billion a year on drones and robot- Xcel Energy in April became the first American scour thousands of miles of grids for damage and ics by 2026 globally, from about $2 billion now, utility to gain approval for BVLOS flights. ULC leaks in an attempt to avoid network failures that according to Navigant Research. But that is still Robotics, which provides technology for the ener- cost them billions of dollars a year. However the dwarfed by the amount of money the sector loses gy sector, said a growing number of U.S. utilities technology faces major safety and regulatory hur- every year because of network failures and forced were looking at the technology. “While only a dles that are clouding its future in the sector. shutdowns - about $170 billion, according to PwC. handful of beyond visual line of sight flights have Snam and EDF’s network subsidiary RTE have been granted in the utility space, we believe devel- tested prototypes of long-distance drones that fly Regulatory risks opments in long-range flight are going to advance at low altitudes over pipelines and power lines. The growing demand from utilities is coming at within the next two to three years,” said business Italy’s Snam, Europe’s biggest gas utility, said it is a time of swift technological advances in civilian development manager Tom Barracca. trialing one of these machines - known as BVLOS long-distance drones. The prototypes, which are drones because they fly ‘beyond the visual line of about a meter long and wide, not only have aircraft Chain reaction sight’ of operators - in the Apennine hills around systems but can avoid obstacles, detect other fly- It is still early days for drones in the utility sec- Genoa. It hopes to have it scouting a 20 km stretch ing objects - from helicopters to hang gliders - tor, which is known for its slow pace of change. of pipeline soon. while mapping grids with thermal and infrared sen- Companies have only started using in-sight drones France’s RTE has also tested a long-distance sors. However the future of these flying robots in over about the past two years. While their short drone, which flew about 50 km inspecting trans- the utility sector hinges on regulation. range limits them to specific tasks, such as inspect- mission lines and sent back data that allowed tech- BVLOS drone flights are largely prohibited ing a known problem, utilities say they are more nicians to virtually model a section of the grid. The because of safety concerns. However over the past efficient at that than helicopter surveys. “You are company said it would invest 4.8 million euros on year European watchdogs have for the first time not only saving time but also money,” said Sven drone technology over the next two years. At pres- granted special permits to allow utilities -namely Bender, key account manager at Innogy, Germany’s ent, power companies largely use helicopters RTE and Snam - to test prototypes. The European second-largest energy group by market value, GERMANY: Workers operate a drone to survey high-voltage power lines of electric com- equipped with cameras to inspect their networks. Commission is working on new Europe-wide regu- adding that the use of drones in the industry would pany Westnetz near Wilnsdorf, Germany. — Reuters They have also recently started occasionally using lations to govern the use of civilian drones, includ- pick up further in the coming years. more basic drones that stay within sight of con- ing long-distance ones, but has disclosed few The company’s Westnetz grid unit has a handful mented green energy sources, such as wind tur- reaction across the grid experts say could have trollers and have a range of only about 500 meters. details. A Commission source said the EU executive of in-sight drones, which can stay in the air for as bines and solar panels, it also increases the number been averted with drone technology. Thomas However an industry-wide shift towards renew- expected to put forward the rules by the end of the long as 30 minutes, to inspect parts of its 182,000 of assets and connections that need to be main- Nicholls, chief marketing officer at French drone able energy, and the need to monitor the myriad year, with a view to adoption in early 2019. km of power lines in Germany. France’s RTE said it tained. A drone flying along a gas grid can detect company Delair, said power groups in France and extra connections needed to link solar and wind The new regulations should make it simpler for avoids 1,400 days of interruption of high-voltage methane leakage, while along a power line it can Italy were most advanced with regard to the tech- parks to grids, is forcing utilities to look at the companies that need to operate BVLOS drones to lines each year because it uses drones alongside its do a lidar survey to map the lines, the health of the nology. He added that safety played a major role advanced technology. “It’s a real game changer,” receive clearance, the source said. “The objective is helicopters. Out-of-sight droning is set to be the cable and the vegetation on either side. “We’ve because inspecting power lines could be a haz- Michal Mazur, partner at consultancy PwC, said of to speed up the opening of the drone services next frontier for grid operators with their miles of identified that it can save as much as $180 for ardous job for humans. Dor Abuhasira, CEO of drones. “They’re 100 times faster than manual market,” the source added. pipes and pylons to inspect. Most energy infra- every mile of data capture when compared with Israel’s Percepto, which supplies drones to utilities measurement, more accurate than helicopters and, Yet without any clear guidance as to how the structure players manage assets scattered over traditional methods,” said Michael Chasen, CEO of such as Europe’s biggest group Enel, sees the with AI devices on board, could soon be able to fix new rules will look, or will work in practice, many large areas, located often in hard-to-reach places drone maker PrecisionHawk. technology as ultimately providing a kind of pri- problems.” In-sight drones cost around 20,000 companies have adopted a wait-and-see approach. like mountains or deserts. It was a tree too close to high tension power vate satellite service to grid operators. “We are euros each and BVLOS ones will cost significantly The situation is mirrored in the United States. As in As the industry gradually moves from large lines at the Italian-Swiss border that led to Italy’s their Google Maps with a few high-tech bells and more, according to executives at tech companies Europe, special permits are needed for BVLOS conventional power plants to smaller, more frag- most extensive blackout in 2003 triggering a chain whistles on top.”— Reuters
you look at Netflix, Amazon, Facebook, Apple, in Africa when babies don’t get enough oxygen where is a lot of that growth coming from? It’s and nutrients before, during or immediately after Silicon Valley international,” he said. Facebook is operating birth. Detecting the problem early could save from the NG_Hub as it doesn’t yet have a per- thousands of lives. “Africans should be responsi- Wireless networks: Big eyes Africa as new manent office in Nigeria. The company’s Africa ble to come up with the solutions,” said head of public policy, Ebele Okobi, said at the Tewodros Abebe, a doctoral student studying benefits for small business opening of the premises that the goal was to cul- language technology at Addis Ababa University tech frontier tivate the nascent technology community. in Ethiopia. work. This is why straightforward set up and The social network has pledged to train “Unless we are involved, no one can under- quick, precise remote monitoring and trou- LAGOS: With its colorful hammocks and table 50,000 people across the country to “give them stand the existing problems in our continent.” bleshooting should be a feature for all new tech- tennis table, a new tech hub in the Lagos metrop- the digital skills they need to succeed”, she Abebe dismissed fears that what Facebook and nology made available to the SMB. olis wouldn’t look out of place among the start- added. In exchange, Facebook, which currently Google are doing represents a form of so-called ups on the other side of the world in Silicon has some 26 million users in Nigeria, gets more cyber colonialism. “Working collaboratively I Valley. But the NG_Hub office is in the suburb of Opportunities for small businesses users and access to a massive market to test new think is a good way of technology transfer for Yaba-the heart of Nigeria’s burgeoning tech Smaller businesses, by nature, employ fewer products and strategies. “We are invested in the Africa,” he said. “If they are only looking for scene that is attracting interest from global giants ecosystem. Just the fact that they are engaging... people. But there are still opportunities for these business, that’s colonization.” keen to tap into an emerging market of young, that in of itself is a goal,” she added. smaller teams to reap the same benefits from As Africa’s technology sector grows, fuelled technology. With a network that is securely and connected Africans. In May, both Google and Facebook launched initiatives nearby. Cyber colonialism? by growth in mobile phone use, so too does By Osama Al Haj-Issa simply managed, SMBs can benefit from: pressure on governments to protect its citizens’ Regional channel director, Aruba This week, Nigeria’s Vice-President Yemi Many African governments have given the Osinbajo was in California to court US tech tech titans an enthusiastic welcome. In California, personal data. Ease of management Osinbajo told tech leaders Nigeria was keen ery few Small and Medium Business Customers now expect to use apps to get a investors for what he said could herald a “fourth Osinbajo said the Nigerian government will industrial revolution” back home. But it isn’t just “actively support” Google’s “Next Billion Users” to create the right environment for development, (SMB) owners in Kuwait have a fully func- simpler and quicker technology experience, so including for regulation. But the debate over pri- tioning IT department. But they are still why should managing the network be different? Nigeria that is piquing the interest of tech giants. plan to “ensure greater digital access in Nigeria V Last month, Google said it would open Africa’s first and around the world”. Few sectors in Africa vacy is muted in many African countries, unlike Through using automated management software, expected to provide modern and engaging expe- in Europe, which recently passed tougher new the business owner will now be able to easily set artificial intelligence lab in Ghana’s capital, Accra. inspire as much hope as technology, which has riences for their customers, using the latest tech- data protection laws. network controls through a mobile app, and even Demographics are a key factor behind the drive: the potential to revolutionize everything from nology. And the network is where it all begins. Facebook has also been at the centre of a sign in using social media profiles. Africa’s population is estimated to be 1.2 billion, 60 healthcare to farming. But how many non-IT people know the first storm for failing to protect user data in connec- thing about how to set up and secure a network? percent of them under 24. By 2050, the UN esti- Examples include Ubenwa, a Nigerian start- tion with claims of manipulation in the 2016 US It’s time we addressed the demands of the smaller Super-fast, reliable Wi-Fi mates the population will double to 2.4 billion. up that has been described as “Shazam for presidential election and the Brexit referendum. business, and made network management simple. To keep employees connected and produc- “There’s a clear opportunity for companies babies”, after the application that identifies Global Justice Now, an anti-poverty group, fears Recent studies suggest that 66 percent of small to tive, have critical applications running at top like Facebook and Google to really go in and put music and films from snippets. tech companies are being given free rein to cre- medium businesses (SMB) consider the use of the speed, creating mobile experiences that cus- a pole in the sand,” said Daniel Ives, a technolo- Ubenwa analyses a baby’s cry using AI to ate a global surveillance state. — AFP cloud, applications and mobile devices to be a tomers can rely on super-fast and reliable Wi-Fi gy researcher at GBH Insights in New York. “If diagnose birth asphyxia, a major cause of death strategic priority. is necessary. Like an automated and intelligent They recognize that they stand a good chance network that can act as an instant security barrier of improving their customer experience by mak- by detecting and isolating, any device that dis- Start ups have begun issuing new digital cur- to the broader financial system.” The aim of the ing such investments. But it’s down to us, the plays a potential risk. Global regulators rencies via initial coin offerings (ICOs), raising new framework is to spot any financial stability technology providers, to make that investment as concern among regulators over investor protec- risks early enough to take action. easy as possible. A truly robust network requires Future of SMBs tion. The aim of the new framework is to spot any But the FSB cautioned that data is still you to manage filtering for a million websites, With the technology back-end taken care of, start monitoring financial stability risks early enough to take patchy at times in a rapidly developing market create individual user profiles and set security businesses are left free to innovate. With the rapid action. The Financial Stability Board (FSB), which that can be fragmented and opaque. It would protocols for different applications. That’s too shift to create new customer experiences, for crypto assets coordinates financial regulation for the Group of assess whether the framework will need extra much for many business owners - so they need example using location-based services via mobile 20 Economies (G20), said the framework focuses data at a later stage. management tools and software that does the apps, it’s important that tech admin does not get in LONDON: Global regulators have published a on how risks from crypto asset markets could Moves to formally monitor the sector forms hard work for them. the way. Your network must work at the pace of framework for “vigilantly” monitoring risks from spread to other parts of the financial system. part of a compromise in March between G20 From a retailing perspective, consumers are your ideas. To enable this, the support you receive crypto assets like bitcoin and ether, even though “Monitoring the size and growth of crypto- members like France, who wanted more radical constantly using their smartphones in store, cre- from a technology provider is as important as the they don’t pose a major risk to financial stability asset markets is critical to understanding the action, and other countries who preferred tread- ating the obvious need for network speed, securi- solution. For example, any business owner that for now. Wild swings in crypto asset prices have potential size of wealth effects, should valuations ing lightly for now. The FSB framework also ty, and availability. From here businesses can not doesn’t want to manage their own cloud can have prompted central bankers to warn investors they fall,” the FSB said in a statement yesterday. includes trading volumes, pricing, clearing and only be sending push notifications, but analyzing a partner do this as a managed service. could lose every penny. It is unclear at times “The use of leverage, and financial institution margining for derivatives linked to crypto assets, From a reseller point of view, there is the data provided by consumer devices, helping which financial rules, if any, apply to the sector exposures to crypto-asset markets are impor- such as the bitcoin futures launched by CME increased opportunity to work closer with the shape in store layout for example. In a larger or if there is legal authority to regulate it. tant metrics of transmission of crypto-asset risks Group last December. business, you will find a network that has a solid small business market and offer a high-value infrastructure, with the ability to keep incorporat- solution, while at the same time improving their ing new applications as the business grows. own offerings. And for the time-strapped, cost- Why shouldn’t smaller businesses have the conscious businesses who are looking for wire- same features as well? Your wireless solution, as less solutions they can count on, it’s important to Rolls-Royce plans an SMB, should be able to handle any business have access to technology providers that can application easily. It has to accommodate a grow- deliver. Just because you’re small, doesn’t mean ing number of mobile users and have built-in you shouldn’t have a network than can deliver for take-off in security as a given. And quite simply, it should just everything your customers need. flying taxi market FARNBOROUGH, England: British jet engine maker Rolls-Royce has designed a propulsion Britain backs Scottish spaceport system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next plan with $40 million in grants decade. Rolls-Royce said on Sunday it had FARNBOROUGH, England: Britain wants to Reading, southern England. London-based drawn up plans for an electric vertical take-off build its first spaceport for launching satellites Orbex has received 5.5 million pounds to build and landing (EVTOL) vehicle, or flying taxi, in Scotland, with the government kick-starting a new rocket launch from the site at Sutherland, which could carry four to five people at speeds the project by handing almost 30 million which will help develop its orbital launch vehicle of up to 250 miles per hour for approximately pounds ($40 million) in grants to companies to deliver the small satellites into orbit. 500 miles. including Lockheed Martin. UK Business The government said the investments were The company, which makes engines for DERBY: Britain’s Prince William, visits the Rolls Royce XWB engine assembly line Minister Greg Clark said the new site at the first steps to developing a national space planes, helicopters and ships, joins a variety of with Simon Middlebrough, Director of Assembly and Aerospace Testing during a Sutherland on the northerly-most tip of main- program. “We want Britain to be the first place companies racing to develop flying taxis, which visit to the Rolls Royce factory in Derby. — Reuters land Scotland would provide facilities for verti- in mainland Europe to launch satellites as part could revolutionize the way people travel. Long cally-launched space rockets and satellites to of our Industrial Strategy,” Clark said in a the stuff of science fiction and futuristic cartoons digital form at the Farnborough Airshow, which technology to generate electricity to power six take off into orbit. statement. Britain is keen to boost its space such as “The Jetsons”, aviation and technology started. The company is looking for an air- electric propulsors specially designed to have a Under the plans announced yesterday, US sector at a time when it faces a challenge leaders are working to make electric-powered framer and a partner to provide aspects of the low noise profile,” the company said, adding the group Lockheed and its partners will receive because of the country’s departure from the flying taxis a reality, including Airbus, U.S. ride- electrical system to help commercialize the design used its existing M250 gas turbine. Rolls’s 23.5 million pounds in grants from the UK European Union next year. This has meant sharing firm Uber and a range of start-ups project. Rolls-Royce said in a statement it was design would not require re-charging because Space Agency which will go toward establishing some UK-based companies have been exclud- including one backed by Google co-founder well-placed to play a leading role in the “per- the battery is charged by the gas turbine, it said, launch operations at Sutherland and developing ed from future work on the EU’s 10 billion euro Larry Page, called Kitty Hawk. sonal air mobility” market. adding it could use existing infrastructure such as a new system for deploying small satellites in Galileo satellite program. — Reuters Rolls-Royce’s design will be showcased in “The initial concept vehicle uses gas turbine heliports and airports. — Reuters 16 Tuesday, July 17, 2018
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