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Turkey to boost capital at ailing banks in reform package: Albayrak

Turkish Treasury and Finance Minister Berat Albayrak attends a news conference in Istanbul
Turkish Treasury and Finance Minister Berat Albayrak attends a news conference in Istanbul, Turkey, April 10, 2019. REUTERS/Umit Bektas

April 10, 2019

ISTANBUL (Reuters) – Turkish Finance Minister Berat Albayrak said on Wednesday the government would boost banks’ capital and valuable exports, and adjust taxes as part of a reform plan meant to revive an economy plagued by high inflation and a fragile currency.

Turkey’s economy tipped into recession late last year and suffered its worst quarterly contraction in nearly a decade, after a punishing currency crisis sent inflation soaring as high as 25 percent and left its companies and banks saddled with foreign-currency debt.

Albayrak, unveiling the long-awaited reform package to both Turks saddled with rising unemployment and jittery international investors, said the new measures applied to 2019 only.

The government would deliver debt securities worth 28 billion lira ($4.92 billion) to capitalize state banks and would also raise capital levels at private banks, he said. Dividend and bonus payments would be limited during an economic rebalancing period, he added.

Non-performing loans are expected to double this year at Turkish banks.

At its nadir last year, the Turkish lira lost nearly half its value against the dollar and finished the year down nearly 30 percent. The crisis – which shook global financial markets – was set off by strained U.S.-Turkey ties, concerns over central bank independence, and a build-up of leverage.

Albayrak said government loans would prioritize strategic sectors, exports and value-added and local production. He added the government planned to integrate the country’s severance pay fund with its private retirement insurance fund.

($1 = 5.6897 liras)

(Reporting by Ece Toksabay and Ali Kucukgocmen; Writing by Daren Butler; Editing by Jonathan Spicer)

Source: OANN

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Arab summit expected to reject U.S. decision over Golan

Arab leaders arrive in Tunis ahead of Arab summit
Lebanese President Michel Aoun, gestures upon his arrival at Tunis-Carthage International Airport to attend the Arab Summit, in Tunis, Tunisia March 30, 2019. Hussein Malla/Pool via REUTERS

March 31, 2019

TUNIS (Reuters) – Arab heads of state, long divided by regional rivalries, are expected to unite at a summit on Sunday to oppose a U.S. decision to recognize Israel’s annexation of Arab lands captured in 1967.

Arab leaders are already grappling with unrest in Algeria and Sudan, international pressure over the war in Yemen, regional splits over Iran’s influence in the Middle East and a bitter Gulf Arab dispute.

They face a new challenge after President Donald Trump signed a proclamation last week recognizing the Golan Heights as Israeli, less than four months after recognizing Jerusalem as Israel’s capital. Palestinians want East Jerusalem as the capital of a future state.

Arab officials said the summit would be dominated by the Golan Heights and Palestinian demands for an independent state in the West Bank and Gaza Strip, areas also occupied by Israel in the 1967 war.

Lebanese Foreign Minister Gebran Bassil said on Saturday Arab ministers had expressed support for a proposal to declare that the U.S. move violated the U.N. charter against acquiring land by force.

They also agreed to back Syria’s right to regain Golan and Lebanon’s right to the Shebaa farms, a small strip of land next to the Golan claimed by Beirut, he tweeted.

Summit spokesman Mahmoud Al-Khmeiry said Arab leaders would repeat an Arab call for peace with Israel in exchange for occupied Arab lands and would reject any initiative not in line with U.N. resolutions.

Khmeiry appeared to be referring to a still-unannounced U.S. peace plan by White House adviser Jared Kushner and Trump son-in-law that Palestinians have refused to discuss.

Trump’s aides have said his moves have drawn a less severe reaction privately from Arab states than experts had predicted.

While opposition to Israel and its actions can unite the 22-member Arab League, Arab states remain divided over a range of other issues, including pro-democracy protests that have erupted in the region since 2011 and over Iran’s Middle East influence.

Ibrahim al-Assaf, foreign minister of Sunni Muslim powerhouse Saudi Arabia, said on Friday that Shi’ite Muslim rival Iran remained the biggest threat to the region.

The Tunis summit will be the first time the rulers of Saudi Arabia and Qatar attend the same gathering since 2017 when Riyadh and its allies imposed a political and economic boycott on Doha. Saudi Arabia and its allies accuse Qatar of supporting terrorism and cozying up to Iran, a charge Doha denies.

The leaders of Sudan and Algeria are not expected to attend, with both nations roiled by anti-government protests.

Abdelaziz Bouteflika, Algeria’s ailing, 82-year-old president who has ruled for 20 years, and Sudanese President Omar al-Bashir, in power for three decades and wanted by international prosecutors for alleged war crimes in his country’s Darfur region, are both facing calls to step down.

Syria has been suspended from the Arab League since 2011 over its crackdown on protesters at the start of the civil war. The League has said there was still no consensus to allow Syria’s reinstatement.

(Reporting by Ghaida Ghantous in Beirut, Hesham Hajali in Cairo; Writing by Sami Aboudi; Editing by Edmund Blair)

Source: OANN

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Rohingya should move to island to avoid landslides: Bangladesh minister

Rohingya refugees carry bricks to a construction site at the Balukhali camp in Cox's Bazar
Rohingya refugees carry bricks to a construction site at the Balukhali camp in Cox's Bazar, Bangladesh, April 8, 2019. REUTERS/Mohammad Ponir Hossain

April 25, 2019

DHAKA (Reuters) – Rohingya refugees in Bangladesh are at risk from landslides in the coming monsoon season and should be relocated to a remote island, the country’s foreign minister said on Thursday, a move opposed by many refugees.

Bangladesh wants to move 100,000 of the nearly 1 million Rohingya Muslims sheltered in cramped camps in its southeastern district of Cox’s Bazar to the remote island, known as Bhasan Char, which it has been developing for the past two years.

“We have information that this year there may be more rain and that may cause landslides,” Foreign Minister AK Abdul Momen told reporters after he met with officials from the United Nations and the International Organization for Migration.

“Bhasan Char island is now prepared and we can start to relocate Rohingya before the monsoon to avert any casualties in the coming monsoon,” Momen said.

The United Nations is making plans to help Bangladesh with the move, Reuters reported last month.

Some human rights groups have expressed concerns over that plan because the island is remote and prone to devastation from cyclones. Many refugees oppose the move that some human rights experts fear could spark a new crisis.

A Myanmar military-led crackdown in 2017 that U.N. investigators have said was conducted with “genocidal intent” prompted some 730,000 Rohingya to flee.

Myanmar has denied almost all allegations of atrocities made by refugees during what is says was a legitimate counterterrorism operation by its security forces.

(Reporting By Serajul Quadir; editing by Darren Schuettler)

Source: OANN

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Malaysia urged to reinvestigate 2 apparent police abductions

Malaysia's government has been urged to reinvestigate the disappearances of a Christian pastor and a Muslim activist after a public inquiry concluded the duo were abducted by the police special branch over matters against Islam.

Amri Che Mat, who ran a Muslim organization, disappeared on Nov. 24, 2016. Pastor Raymond Koh disappeared on Feb. 13, 2017, while being investigated for proselytization of Muslims.

The National Human Rights Commission on Wednesday concluded after a two-year investigation that the men were victims of "enforced disappearance" involving the special branch. It said the men had been targeted and abducted in similar fashion by men in black.

Rights groups, lawmakers and a Christian body said Thursday a new investigation should be done to find the truth and punish the perpetrators.

Source: Fox News World

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San Francisco landslide traps person under sand

Dozens of firefighters were frantically digging with shovels in search of a person who was thought to be buried by a landslide near a San Francisco beach.

San Francisco Fire Department spokeswoman Mindy Talmadge said two people were walking along the shoreline Friday afternoon when a cliff and hill gave way just before 3 p.m. Talmadge said a woman was able to escape to safety but told authorities her companion was buried under the sand and rocks.

A cadaver dog specially trained to sniff out people was also helping with the search at Fort Funston, about 10 miles (16 kilometers) south of the Golden Gate Bridge.

Source: Fox News National

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Macron’s Great Debate shows need to cut taxes faster, says French PM

French Prime Minister Edouard Philippe leaves after his speech during the presentation of the
French Prime Minister Edouard Philippe leaves after his speech during the presentation of the "Great National Debate" findings, called to quell the anger of French "yellow vests" movement, at the Grand Palais in Paris, France, April 8, 2019. REUTERS/Charles Platiau

April 8, 2019

By Jean-Baptiste Vey

PARIS (Reuters) – French Prime Minister Edouard Philippe said that after three months of public debate it was that clear tax cuts must be speeded up to quell the widespread anger over high living costs that has fueled anti-government protests.

In an act of political theater on Monday, Philippe was presenting the findings from two million online contributions and 10,000 hours of town hall debates that President Emmanuel Macron must now digest and respond to with policy moves.

Four broad needs emerged, the prime minister said: renewing ties between Paris and the regions, making the political process more relevant for citizens, responding better to climate change, and easing the tax burden.

“The debate clearly shows us in which direction we need to go: we need to lower taxes and lower them faster,” Philippe said in a speech in the Grand Palace in Paris.

Planned increases to a fuel tax prompted five months of “yellow vest” protests nationwide and the worst rioting Paris has witnessed since the 1968 student uprising, though the discontent swiftly turned into a broader backlash against inequality and an aloof political elite.

More violence in mid-March reminded Macron that putting his reform agenda back on track would not be easy and the unrest could damage his party’s European election campaign.

The “yellow vests” remain an amorphous group with varied demands, including higher salaries, better public services, and more power for voters on policy decisions.

Tight public finances mean Macron has limited wriggle room.

“The French have understood … that we cannot lower taxes if we don’t lower public spending,” Philippe said.

The debates reinvigorated Macron, who rolled up his sleeves and held forth for up to seven hours at a time with high-school students, mayors and working mothers, as well as intellectuals and philosophers.

Polls showed only a tentative recovery in Macron’s weak popularity, so the stakes are high for him and his prime minister.

New policy measures are yet to be decided and could be put to a plebiscite. The option of a referendum – which has the advantage of responding to the yellow vests’ demand for more people’s votes – remains on the table.

Nonetheless, Ingrid Levavasseur, who pulled out of leading a “yellow vest” list for the European elections because of internal divisions within the movement, doubted the debates would produce meaningful reform.

“I count myself among the skeptics,” she told Reuters

(Additional reporting and writing by Richard Lough; Editing by Giles Elgood)

Source: OANN

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Poll: 46 Percent Back Plan to Send Immigrants to Sanctuary Cities

Forty-six percent of Americans support President Donald Trump’s proposal to send immigrants to sanctuary cities, while 43% oppose it, according to a new Monmouth University poll.

Here is how the rest of the poll breaks down:

  • 71% say illegal immigration is either very serious or somewhat serious, compared to 28 percent who say it is not too serious or not at all serious.
  • 42% favor building a wall along the southern border, while 56% oppose it.
  • 24% say illegal immigrants take jobs away from Americans, compared to 60% who say they take jobs Americans don’t want.
  • 41% say immigrants seeking political asylum should be allowed into the U.S. while they wait for their claims to be processed, while 51% say they should be made to stay in Mexico.
  • 37% say immigrants who come to the border seeking political asylum are really fleeing violence, while 46% say the immigrants are trying to get around the normal process of apply for entry to the U.S.

The poll, conducted April 11-15, surveyed 801 people. The margin of error is 3.5 percentage points.

Source: NewsMax Politics

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Senior White House adviser Jared Kushner said Tuesday that a detailed plan for a merit-based immigration system will be presented to President Trump, giving priority to skilled immigrants rather than those with family ties to the U.S.

“I do believe that the president’s position on immigration has been maybe defined by his opponents by what he’s against as opposed to what he’s for,” Kushner said at the Time 100 Summit in New York City. “What I’ve done is I’ve tried to put together a very detailed proposal for him.”

KUSHNER: RUSSIA INVESTIGATION HAD ‘HARSHER IMPACT’ ON US THAN ELECTION MEDDLING

Kushner announced that the new immigration proposal, which Trump will receive this week or next, will resemble the point-based systems in Canada, Australia and New Zealand, and will unify people by ensuring strong wages and secure borders while protecting humanitarian values.

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term,” he said. “And my hope is we can really do something that unifies people around what we’re for on immigration.”

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term. And my hope is we can really do something that unifies people around what we’re for on immigration.”

— Jared Kushner

JARED KUSHNER RESPONDS AFTER HASAN MINHAJ CALLS OUT HIS TIES TO SAUDI PRINCE

Kushner denied in the same talk that he has clashed with White House staffer Stephen Miller, who’s seen as tougher on immigration than others, adding that the plan was concocted with the help of Miller and Kevin Hassett, chairman of the Council of Economic Advisers.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison,” Kushner joked, referring to the Israel-Palestine peace plan he’s working on.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison.”

— Jared Kushner

After the plan gets presented to Trump, it will likely undergo some changes and then he will decide when to proceed with it, Kushner said.

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“It’s very, very complicated, but it’s a very interesting issue, and if we can solve it, I do think it’s a critical component for America’s long-term competitive advantage,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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