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Slovakia’s president-elect boosts liberal parties, ruling leftists fall: poll

Newly elected Slovakia's President Zuzana Caputova arrives to attend a televised debate in Bratislava
Newly elected Slovakia's President Zuzana Caputova arrives to attend a televised debate in Bratislava, Slovakia, March 31, 2019. REUTERS/David W Cerny

April 2, 2019

BRATISLAVA (Reuters) – The election of anti-graft lawyer Zuzana Caputova as Slovakia’s president has boosted her liberal, pro-European Union party’s prospects in EU elections, against the grain of rising populism across the continent, an opinion poll showed on Tuesday.

Caputova’s success has given a dose of optimism to Europe’s liberal camp ahead of the May elections, where eurosceptic parties are expected to make gains around the continent.

Her Progressive Slovakia (PS) party, which will run in the EU election on a joint slate with Spolu (Together) party, saw their joint support double since February to 14.4 percent, an AKO agency poll of 1,000 people conducted on April 1-2 said.

Neither of the two parties have any seats in the national or European parliaments at the moment.

If successful, the PS candidates would join the Alliance of Liberals and Democrats for Europe (ALDE) in the European Parliament while Spolu would join the European People’s Party (EPP).

President-elect Caputova said she would quit PS in coming days in a nod to a tradition that the president, who does not wield day-to-day power, is usually non-partisan.

On the other end of the political spectrum, the AKO poll also showed rising support for the anti-European, far-right People’s Party-Our Slovakia which rose to 11.5 percent in April from 9.5 percent in February.

Its leader, Marian Kotleba, had also run for president and together with another anti-system, anti-immigration candidate, supreme court judge Stefan Harabin, clinched 25 percent in the presidential election’s first round last month.

The ruling leftist but socially conservative party Smer, whose candidate lost to Caputova in the run off vote on Saturday, saw its support fall to 19.7 percent in the opinion poll, under 20 percent for the first time in more than a decade.

Smer remains the biggest group in parliament but has seen losses since last year’s murder of an investigative reporter that triggered mass protests and led to the resignation of Smer leader Robert Fico as prime minister.

The three-party coalition Smer leads would lose its parliamentary majority after junior partners, Slovak national party (SNS) and ethnic-Hungarian Most-Hid, also lost support.

A national parliamentary election is due in a year.

Slovakia’s daily Dennik N reported on Monday that outgoing President Andrej Kiska, who endorsed Caputova before the vote, would announce the launch of a new party this week.

Kiska, who has been a staunchly pro-western voice in Slovak politics and has often clashed with Fico’s Smer, is Slovakia’s most trusted politician with an approval rating of 57 percent, according to a separate AKO poll this month.

(Reporting By Tatiana Jancarikova, Editing by William Maclean)

Source: OANN

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Morgan Stanley shuffles jobs for wealth management executive

The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in the Manhattan borough of New York City
FILE PHOTO: The corporate logo of financial firm Morgan Stanley is pictured on the company's world headquarters in the Manhattan borough of New York City, January 20, 2015. REUTERS/Mike Segar

April 23, 2019

NEW YORK (Reuters) – Morgan Stanley’s Shelley O’Connor, one of two co-heads of the wealth management business, was named on Tuesday to lead two of the bank’s regulated entities, according to an internal memo seen by Reuters.

O’Connor will become chief executive and chairman of both Morgan Stanley Bank NA and Morgan Stanley Private Bank NA, the banks through which the firm sells lending products, and handles deposit accounts and other traditional bank products.

Andy Saperstein, co-head of the wealth management business alongside O’Connor, will become the sole head of that business, according to the memo signed by Chief Executive James Gorman.

The bank also named Rob Rooney as head of technology, operations and firm resiliency, a new role that combines several functions that were previously in separate divisions.

The Wall Street Journal reported the new assignments earlier on Tuesday.

(Reporting by Elizabeth Dilts; Editing by Sonya Hepinstall)

Source: OANN

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Liberal arts colleges across the country face ‘existential threat’

MARLBORO, Vt. – Economists and higher education experts are warning small liberal arts colleges across the country to brace for the worst.

"Their business models are breaking," said Michael Horn, who studies trends in the higher education industry. "Their costs continue to go up the pressure to increase costs continue to go up and yet the revenue just isn't there."

At the end of the spring 2019 semester, six institutions from Vermont to Oregon are expected to shut their doors due to financial woes, adding to a growing list of private liberal arts colleges failing to stay afloat.

Credit rating agency Moody's estimates that with a quarter of private colleges in the red, there could be as many as 11 closures by the end of the year. The report found that one in five small private colleges in the nation is under "fundamental stress."

NEW JERSEY TEEN ONCE HOMELESS ACCEPTED INTO 17 COLLEGES, OVERCOMES FAMILY OBSTACLES

At Marlboro College in southern Vermont, the student body of roughly 200 is well-aware of the school's financial difficulties.

"If you say something to one person, the entire school is going to know it in a week," said Sage Kampitsis, a senior at Marlboro.

Marlboro College is a liberal arts college with roughly 200 students in southern Vermont. 

Marlboro College is a liberal arts college with roughly 200 students in southern Vermont.  (ROB DIRIENZO / Fox News)

The college has gotten innovative with new ways to raise money, throwing community fundraisers and looking at new methods of recruitment. With other rural Vermont colleges boarding up, like Green Mountain College a few miles away, Marlboro College's president Kevin Quigly is working to defy the odds.

"Underway is really an effort to kind of shift our financial model where at a place like Marlboro we have challenges," said Quigly. "We recognize those challenges and we're working to address them."

Over the years, as tuition across the country has soared, colleges have been discounting tuition to make themselves more attractive to prospective students. Larger universities do not rely as heavily on tuition as a primary source of revenue, making it difficult for smaller colleges to stay competitive — and realistic for low-income and middle-class families.

"That's really a double whammy that adversely affects the finances of these small colleges," said Quigly.

Kampitsis, like most others, said the financial aid she received from Marlboro made going there feasible for her. Marlboro, which is in better shape than most of its peers with minimal debt and a larger endowment than most, just lowered the sticker-price tuition to better reflect what students will actually be paying.

USC, YALE AMONG COLLEGES SUED BY STUDENTS AMID COLLEGE ADMISSIONS SCANDAL

"The bigger colleges across the country and the elite schools don't have this problem because they are still able to attract students," said Horn, the higher ed researcher.  "These large endowments are often public sources of funding that allow them to get by this demographic cliff we're starting to hit."

That demographic cliff: the pool of 18-year-olds looking to go to small rural colleges is declining, instead favoring urban universities with better networking opportunities. Kampitsis also sees a shift in focus away from liberal arts to more marketable majors for potential employers as a contributing factor.

"Things like sociology, anthropology, psychology, philosophy, history — they're not the majors that are like really big in the job market," Kampitsis said. "They're not the things are making a lot of money. And so those since those majors are losing their economic value, they then, in turn, lose their moral value."

“Make no mistake. This is an existential threat to entire sectors of higher education, and New England is, unfortunately, ground zero,” said UMass President Marty Meehan at a State of the University speech last month. UMass recently absorbed the doomed Mount Ida College in Newton, which it now plans to turn into a satellite campus.

Meanwhile, colleges elsewhere in the country are increasingly meeting the same fate.

Recent closures of small liberal arts colleges in the U.S.

Recent closures of small liberal arts colleges in the U.S.

"I think it's going to be really brutal in some of these rural communities where the small liberal arts school is the mainstay of the economy," said Horn.

Some small schools are hoping to remain viable by developing a niche, like offering online courses or specialized programs. In northern Vermont at Sterling College, a hundred-student campus focused on ecology and environmentalism, enrollment is up.

Horn said thinking outside of the box could mean life or death for these schools.

"These new sources of revenue could be found through innovation like using online learning to take strengths that maybe you uniquely have on your campus and start to be able to attract students across the region or even nationwide," Horn said.

Another strategy, like in the case of Mount Ida, has been turning to larger universities, asking to be acquired. Boston's Wheelock College has reopened as a Boston University campus.

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But others, like Hampshire College in Amherst, Mass., are planning to fight for every penny to stay open—and independent.

"I think we can do this," said interim Hampshire College President Ken Rosenthal in a letter to an anxious student body. "We’ll need to raise $15-20 million over the next year, and then, over the next five or six years, perhaps close to $100 million. It’s not unprecedented, and we’ll have to move fast and work hard, but I’m optimistic."

Source: Fox News National

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Russia offers quick citizenship in Ukraine’s separatist area

Russian President Vladimir Putin has signed a decree to expedite applications for Russian citizenship by Ukrainians living in separatist-held areas.

The decree published on the Kremlin's website Wednesday says that people living in the parts of Ukraine's Donetsk and Luhansk regions under separatist control will have their applications considered in under three months.

The move is likely to further exacerbate relations between Ukraine and Russia, which annexed Ukraine's Crimean peninsula and threw its weight behind separatist rebels in the east.

The decree comes just days after TV comedian Volodymyr Zelenskiy was elected as the new Ukrainian president; he will be sworn in next month. Zelenskiy has said his priority for the presidency is to end the war in the east that has claimed more than 15,000 lives.

Source: Fox News World

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Several Deutsche Bank exchange-traded-notes to cease trading Thursday

FILE PHOTO: The logo of Deutsche Bank is seen in front of one of the bank's office buildings in Frankfurt
FILE PHOTO: The logo of Deutsche Bank is seen in front of one of the bank's office buildings in Frankfurt, Germany, October 27, 2016. REUTERS/Kai Pfaffenbach/File Photo

April 9, 2019

By Saqib Iqbal Ahmed

NEW YORK (Reuters) – A dozen of Deutsche Bank’s exchange-traded notes that provide exposure to oil, metals and other commodities are set to stop trading on Thursday, according to a recent filing by the bank.

Exchange-traded notes, including the DB FI Enhanced Global High Yield ETN, the DB Crude Oil Long ETN and the Elements Dogs of the DOW Dow Jones High Yield Select 10 Total Return ETN, will be delisted at the close of trading on Thursday, according to an April 2 filing with the U.S. Securities and Exchange Commission.

ETNs are issued by a bank and are similar to exchange-traded funds in that they trade on stock exchanges and track benchmark indexes. But they differ from ETFs in that they are debt instruments with a set maturity date and expose investors to the issuer’s credit risk.

The Deutsche Bank ETNs being delisted are relatively small, with assets under management ranging from hundreds of thousands of dollars to a few million dollars, with most set to mature in 2038.

When ETNs stop trading publicly, they leave investors who hold them to find a buyer “over-the-counter,” where investors are not guaranteed anything close to what the notes are worth.

After the delisting, the secondary market for these ETNs may experience a significant drop in liquidity, Deutsche Bank warned in a statement in March.

Banks, under regulatory pressure to cut risk since the financial crisis, have been issuing fewer ETNs and delisting existing ones to focus on their core businesses.

In December 2016, Credit Suisse Group AG shuttered its $1.1 billion VelocityShares 3x Long Crude Oil ETN, making it the largest-ever note to be delisted from U.S. exchanges. (https://reut.rs/2uWnUCA)

(Reporting by Saqib Iqbal Ahmed; Editing by Dan Grebler)

Source: OANN

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Nissan’s Infiniti to exit western Europe early next year

Logo of Infiniti, Nissan Motor's premium brand, is seen at its Global Design Center in Atsugi
FILE PHOTO: The logo of Infiniti, Nissan Motor's premium brand, is seen at its Global Design Center in Atsugi, Japan, April 18, 2018. Picture taken April 18, 2018. REUTERS/Toru Hanai

March 12, 2019

By Norihiko Shirouzu

BEIJING (Reuters) – Nissan Motor Co’s premium brand Infiniti said on Friday it will exit western Europe early next year, as it restructures its global operations and turns its attention to sales in the world’s top two auto markets.

Infiniti said it will discontinue the Q30 sedan and the QX30 sport-utility vehicle (SUV) and cease their production by the middle of 2019 at Nissan’s manufacturing factory in Sunderland. Both models are sold globally but produced only in Britain.

The move comes as Infiniti seeks to divert its resources to markets with bigger opportunities, such as China and the United States, from a region where non-European premium brands are struggling to compete against local players such as Audi, BMW and Mercedes-Benz.

Nissan also recently scrapped plans to build its new X-Trail SUV in Britain amid the uncertainty surrounding Brexit, saying it had taken the decision to optimize its investments by building the next generation model in Japan.

“Western Europe remains the most challenging and competitive region for premium cars,” Infiniti’s chief spokesman, Trevor Hale, told Reuters. Infiniti’s sales in western Europe almost halved last year to 5,800 vehicles.

In addition to the tough competition, the Japanese premium brand, headquartered in Hong Kong since 2012, has struggled to effectively meet emissions and other regulatory requirements in the region, Hale said, referring to stringent Euro 6 emissions requirements and other regulatory challenges.

“The commercial reality for Infiniti in western Europe is that there is simply no visibility of a viable and sustainable business, especially given the regulatory challenges,” he said.

Infiniti said an exit from western Europe will allow it to focus on its initiative to “electrify” a good portion of its product portfolio from 2021 and discontinue diesel offerings.

The brand plans to focus more on its SUV lineup in North America, bring five new or significantly-redesigned vehicles to China over the next five years, improve quality of sales and residual value and realize more synergies with Nissan.

“This is all part of Infiniti’s vision to become a top challenger brand in the premium segment,” it said.

As it prepares to withdraw from western Europe, Infiniti said it is working to find alternative opportunities for employees who would be affected, consulting with employee representatives where necessary and identifying opportunities for transition and training support where appropriate.

Infiniti has 51 employees in its western Europe operations. There are 55 Infiniti retail stores in western Europe.

(Reporting By Norihiko Shirouzu; Editing by Himani Sarkar)

Source: OANN

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Who Really Benefits From Warren’s Student Debt Plan?

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WASHINGTON -- For years after graduating from business school, I used to joke, I was living on Ramen and Cheez Doodle Surprise -- the surprise being that you're 32 years old and still carrying so much student-loan debt that you can't afford brand-name ramen.

Ah, well. I'd decided to use my MBA to go into journalism. I couldn't really have expected anything different.

But Elizabeth Warren thinks we shouldn't have to suffer for our educations. This week, she announced that she wants to forgive some or all of the student-loan debt for anyone earning less than $250,000 a year, while making tuition at public colleges effectively free.

I have, you might say, a visceral appreciation for this plan's appeal. But I do have some questions.

For example: How will Warren make sure public-college tuition stays at what the federal government is willing to pay? Those colleges are run by the states, and the federal government has no constitutional authority to set tuition at state institutions.

The benefit could be limited to schools that voluntarily cap tuition at the federally guaranteed rate, of course. But making college free for students, while setting a ceiling on the revenue they generate, will increase the number of students and decrease the resources available to serve them.

Which brings me to my next question: How is Warren going to prevent the overcrowding and deteriorating conditions that tend to afflict free university systems in Europe? The United States has the best tertiary education system in the world; will it still be the best when Warren is done with it?

Easy answer: Make those federal payments generous. But, sorry, one more question -- how do we pay for it?

Warren says that the whole cost can be covered by her Ultra-Millionaire Tax. Oh, no, more questions, like "Is that tax plan constitutional?" (Answer: maybe not.) Also, Warren already promised a chunk of that money to her new child-care subsidy. After giving everyone cheap day care, how much will be left over for forgiving nearly $1.6 trillion of outstanding student-loan debt, and sending every public-college student to school for free?

But the biggest question I have is simply: Why spend federal money on this? College graduates are the best-off people in the country, in almost every way. There are probably better candidates for new spending -- about two-thirds of the population, in fact.

The burden of student loans doesn't even begin to erase the economic benefits of the degree they paid for. Over a lifetime, college graduates will earn hundreds of thousands of dollars more than their less-educated peers. Meanwhile, the median student loan balance is around $17,000 -- more like "new economy car" than "perpetual debt slavery."

Americans have about $1.1 trillion of outstanding auto debt, not that far from that $1.6 trillion in student loans, but without already-generous government repayment subsidies. If you wouldn't claim that Toyota Corollas are imposing a grievous, unsupportable burden on the nation's youth, then you probably shouldn't make similar claims about student loans.

The difference, of course, is that the sort of people who peruse campaign planks tend to be the kind of people who have borrowed against a major chunk of their income to get a degree, not a car. And the people who write the planks, or write about them, may well have borrowed a lot of money to get a fancy degree -- and then gone into something personally rewarding, such as writing or political activism, instead of something lucrative.

Those people do face real difficulties, but they tend to think that their own struggles are more common, and of greater national significance, than those struggles actually are. And these people appear to be increasingly more concentrated among the Democratic base, as Democrats become the party of the professional class, and of the working poor.

Naturally, Democrats want to appeal to their educated voters, since that group drives a lot of votes in the primaries. Which is why, when they announce new programs to help "struggling American families" and levy new taxes on "the rich" to pay for them, the cutoff for both is so often set at $250,000 -- well above any reasonable definition either of "rich" or "struggling."

There's always a danger in any high-low economic coalition that the agenda gets set by the elite members, and justified by the poor ones. And indeed, Warren touts the benefits of her proposals for low-paid teachers, single mothers, first-generation minority college students … even though the big-ticket items seem exquisitely tailored to the biggest financial burdens of affluent young professionals.

Which prompts one more question about Warren's plan: cui bono?

(c) 2019, Washington Post Writers Group

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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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