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Suspect in Utrecht shooting admits guilt to judge, prosecutors say

FILE PHOTO: Flowers are placed at the site of a shooting in Utrecht
FILE PHOTO: Flowers are placed at the site of a shooting in Utrecht, the Netherlands March 19, 2019. REUTERS/Piroschka van de Wouw/File Photo

March 22, 2019

AMSTERDAM (Reuters) – A man suspected of killing three people in a shooting aboard a tram in the city of Utrecht this week admitted his guilt to a judge on Friday and has said he acted alone, Dutch prosecutors said.

Turkish-born Gokmen Tanis, 37, is accused of carrying out the March 18 shooting with terrorist intent. Authorities are also investigating whether he had other personal motives.

Prosecutors gave no further details of Tanis’ confession, citing the importance of further investigation.

The detention of Tanis, who was arrested after a seven-hour manhunt on Monday by Dutch security forces, was extended on Friday by the maximum amount allowed of two weeks.

He is due to appear before court again within two weeks, at which point his detention can be extended by up to 90 days.

A 40-year old man, who was held on Tuesday because Tanis was arrested in his house, was released on Friday as there was no evidence of his involvement in the shooting in any way, the prosecutors said.

(Reporting by Bart Meijer; Editing by Gareth Jones)

Source: OANN

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Pelosi says Dems untainted by anti-Semitism slams amid Omar-Trump feud

House Speaker Nancy Pelosi, D-Calif., defended her party amid claims of anti-Semitism leveled against freshman Rep. Ilhan Omar, D-Minn., saying there was “no taint” of anti-Jewish sentiment among Democrats.

In an interview with CNN on Tuesday while in Dublin, Pelosi said she does not believe that Omar is anti-Semitic, and she slammed President Trump for accusing the Minnesota lawmaker of such prejudice.

“We have no taint of that in the Democratic Party,” Pelosi said. “And just because they want to accuse somebody of that doesn’t mean we take that bait.”

Omar, who took office in January, has quickly become one of the most controversial members of the new crop of Democratic lawmakers in the House – she has proved to be a target for conservative pundits, while causing headaches for fellow Democrats who have had to come to her defense.

DEMS DEFEND OMAR AFTER TRUMP RETWEETS VIDEO AGAINST HER

Omar has repeatedly pushed Dems into uncomfortable territory with comments about Israel and the strength of its influence in Washington. She apologized earlier this year for suggesting that lawmakers support Israel for pay, and said she wasn’t criticizing Jews. But she refused to take back a tweet in which she suggested American supporters of Israel “pledge allegiance” to a foreign country.

Over the weekend, Pelosi announced that she had taken additional measures to protect Omar following Trump’s tweet of a video that appeared to show the Minnesota Democrat being dismissive of the Sept. 11 terrorist attacks.

Pelosi called on Trump to take down the video. That same day, the video was no longer pinned to the top of Trump’s Twitter feed, although it was not clear whether it was because of Pelosi's request.

Pelosi, traveling in Europe, issued a statement saying she had spoken with congressional authorities after Trump’s tweet “to ensure that Capitol Police are conducting a security assessment to safeguard Congresswoman Omar, her family and her staff.”

TRUMP BLASTS PELOSI, OMAR AFTER 9/11 VIDEO CONTROVERSY

“They will continue to monitor and address the threats she faces,” the speaker said. She called on Trump to discourage such behavior.

“The president’s words weigh a ton, and his hateful and inflammatory rhetoric creates real danger,” Pelosi also said. “President Trump must take down his disrespectful and dangerous video.”

The video in Trump’s tweet included a snippet from a recent speech Omar gave to the Council on American-Islamic Relations (CAIR). She said, in her defense of the organization, that CAIR was founded after Sept. 11, 2001, “because they recognized that some people did something and that all of us were starting to lose access to our civil liberties.” CAIR formed in 1994.

The video tweeted by Trump also included news footage of the terror attacks on the twin towers. Trump captioned his tweet, “WE WILL NEVER FORGET!”

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Omar said Sunday that she has received an influx of death threats following Trump’s tweet.

"I have experienced an increase in direct threats on my life — many directly referencing or replying to the president's video," Omar tweeted in a statement. "I thank the Capitol Police, the FBI, the House Sergeant at Arms, and the Speaker of the House for their attention to these threats."

Fox News’ Nicole Darrah and David Aaro contributed to this report.

Source: Fox News Politics

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Japan to name new era for soon-to-be emperor Naruhito

Japan's government is holding top-secret meetings to decide a new era name for soon-to-be-emperor Naruhito, the crown prince who will succeed the Chrysanthemum throne from his father May 1.

Emperor Akihito is abdicating on April 30, with his era of "Heisei" coming to an end.

Prime Minister Shinzo Abe's government later Monday will unveil the era name, or "gengo," for Naruhito's reign.

It comes a month ahead of the switch to allow the government, businesses and other sectors time to adjust to the change that still affects many parts of Japan's society, even though the system is not compulsory and the emperor has no political power under Japan's postwar constitution.

Under the 1979 era name law, Abe has appointed a panel of experts on classical Chinese and Japanese literature to nominate two to five names for top officials to choose from. The names must meet the strict criteria — easy to read and write but not commonly or previously used for an era name.

Japanese media have scrambled to get scoops out of a new era name. Rumors included "Ankyu," which uses the same Chinese character as in Abe's family name, though it is unlikely to be the choice.

The name selection procedure started in mid-March when Chief Cabinet Secretary Yoshihide Suga asked a handful of unidentified scholars to nominate two to five era names each. Suga hasn't made clear how he will present the new name, but hinted he may follow his late predecessor Keizo Obuchi, who is remembered for holding up framed calligraphy of "Heisei" in 1989 at the first televised announcement of an era name.

While a growing number of Japanese prefer the Western calendar over the Japanese system in a highly digitalized and globalized society, the era name is still widely used in government and business documents. Elders often use it to identify their generations.

Discussing and guessing new era names in advance is not considered a taboo this time because Akihito is abdicating. Era name change is also a time for many Japanese to reflect on the outgoing and incoming decades.

Akihito's era of "Heisei," which means "achieving peace," was the first without a war in Japan's modern history, but is also remembered as lost years of economic deflation and natural disasters.

Heisei was the first era name decided by the government under the postwar constitution, in which the emperor was stripped of political power and had no say over the choice. Still, the government, with its highly secretive and sensitive handling of the process, is underscoring that "the emperor has power in an invisible, subtle way," says Hirohito Suzuki, a Toyo University sociologist.

Era name changes are creating businesses for both the outgoing and the incoming. Anything dubbed "last of Heisei" attracts Akihito fans, while others are waiting to submit marriage certificates or filing other official registration until the new era starts. Analysts say the era change that expands the "golden week" holidays to 10 days on May 1 could buoy tourism and other recreational spending.

___

Follow Mari Yamaguchi at https://www.twitter.com/mariyamaguchi

Source: Fox News World

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NZ Threatens 10 Years In Prison For ‘Possessing’ Mosque Shooting Video

New Zealand authorities have reminded citizens that they face up to 10 years in prison for “knowingly” possessing a copy of the New Zealand mosque shooting video – and up to 14 years in prison for sharing it. Corporations (such as web hosts) face an additional $200,000 ($137,000 US) fine under the same law. 

Terrorist Brenton Tarrant used Facebook Live to broadcast the first 17 minutes of his attack on the Al Noor Mosque in Christchurch, New Zealand at approximately 1:40 p.m. on Friday – the first of two mosque attacks which left 50 dead and 50 injured.

Copies of Tarrant’s livestream, along with his lengthy manifesto, began to rapidly circulate on various file hosting sites following the attack, which as we noted Friday – were quickly scrubbed from mainstream platforms such as Facebook, YouTube, Twitter and Scribd. YouTube has gone so far as to intentionally disable search filters so that people cannot find Christchurch shooting materials – including footage of suspected multiple shooters as well as the arrest of Tarrant and other suspects.

On Saturday, journalist Nick Monroe reported that New Zealand police have warned citizens that they face imprisonment for distributing the video, while popular New Zealand Facebook group Wellington Live notes that “NZ police would like to remind the public that it is an offence to share an objectional publication which includes the horrific video from yesterday’s attack. If you see this video, report it immediately. Do not download it. Do not share it. If you are found to have a copy of the video or to have shared it, you face fines & potential imprisonment.”

Dissenter blocked in New Zealand

Along with the censorship of online materials and investigation of content sharing platforms such as BitChute and 8chan – where the shooter posted a link to the livestream of his attack, social discussion service Dissenter has been blocked in New Zealand. Created by the people behind Twitter competitor Gab.ai – Dissenter is a browser extension which pops up a third-party comments section for any website where people can discuss content outside of the control of the website owner.

On Saturday, Gab’s official accounts (@gab and @getongab) reported that “New Zealand ISPs have banned dissenter.com until it is “censorship compliant.””

Update: Shortly after this article published, we were informed that ZeroHedge is unable to be reached by Votafone customers.

Milo banned

Meanwhile, far-right commentator Milo Yiannopoulos was banned from Australia in the wake of the New Zealand shootings after he said on Facebook that attacks like Christchurch happen because “the establishment panders to and mollycoddles extremist leftism and barbaric, alien religious cultures.”

Australia’s immigration minister, David Coleman, said in a Saturday statement that Yiannopoulos’s comments were “appalling and forment hatred and division,” adding “Milo Yiannopoulos will not be allowed to enter Australia for his proposed tour this year.”

UK man arrested

While the Christchurch attacks were utterly reprehensible, supporting them is now punishable in the United Kingdom. On Saturday afternoon, a 24-year-old man from Oldham was arrested on suspicion of sending malicious communications in support of the mosque attacks. It is unclear what he is alleged to have written.

The Greater Manchester Police said in a statement that they “became aware of a post on social media making reference and support for the terrible events in New Zealand,” adding “Police have made urgent enquiries and a man aged 24 from the Oldham area is now under arrest on suspicion of sending malicious communications.”

“It is clear that people are worried and we really understand that… It is truly terrible what happened yesterday. It is hard to put into any form of words,” said Assistant Chief Constable Russ Jackson, who added “We have nothing to suggest any threat locally, but none of this can diminish how people feel and that is why we want to be there to offer more support at this difficult time.”

Source: InfoWars

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Award Winning Journalist Bob Woodward Calls For Investigation Of FBI & CIA

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Source: InfoWars

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Patriotic patrol-car lettering sparks backlash in California city

A Southern California police department is drawing both praise and ire for the new star-spangled logo on the sides of its patrol vehicles, according to reports.

The Laguna Beach Police Department in Orange County recently added American-flag-style lettering for the word "police" on the sides of the vehicles, the Los Angeles Times reported Saturday.

WOMAN SEEN TEARING DOWN 'THIN BLUE LINE' FLAG SOUGHT BY CALIFORNIA POLICE

But local artist Carrie Woodburn told the Times the design was too “aggressive,” saying she felt it didn’t represent the community. Laguna Beach is a city of about 23,000 residents, about 50 miles southeast of Los Angeles.

"Folks thought it was a SWAT team, federal agents," designer Chris Prelitz observed. "So it had a very striking, strong impact, so much so that I think there might be some unintended consequences.”

Councilman Peter Blake was surprised by the backlash. He told the newspaper some people were concerned the design might worry the area's immigrants.

“People are actually ridiculous enough to bring up comments about our cop cars having American flags on them,” he said.

“People are actually ridiculous enough to bring up comments about our cop cars having American flags on them.”

— Councilman Peter Blake, Laguna Beach, Calif.

Attorney Jennifer Welsh Zeiter said she thought the police cars were “exceptional” and suggested that the opposition might have a political motive. She said some people are so filled with hate toward President Trump “that they cannot see through their current biases to realize that a police vehicle with the American flag is the ultimate American expression.”

Laguna Beach Police Cpl. Ryan Hotchkiss said he’s heard nothing but positive comments about the new design. The department's vehicles were previously all white but are now primarily black, with the patriotic lettering on white doors.

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The department did acknowledge the design didn’t come out exactly as planned and the city council said it would take up the issue again at their monthly meeting Tuesday.

The Associated Press contributed to this story.

Source: Fox News National

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UK police warn against new teen trend of burning plastic trash cans, inhaling fumes

Police in the United Kingdom are warning about a dangerous new trend of teens lighting plastic garbage cans on fire and inhaling their fumes.

Authorities were prompted to speak out about the bizarre new craze after several "extremely dangerous" incidents were reported in the Greater Manchester area, the Mirror reports.

Dyes used to make the trash cans - more commonly known as wheelie bins in the U.K. - emit a fume when lit on fire that can produce a high when inhaled, much like other solvents such as glue or gas. Fumes from the plastic bins, however, are "highly toxic" and reportedly more dangerous than other solvents.

The incidents in Manchester were concentrated in one specific area, Longsight Park, according to police.

FLORIDA MAN ARRESTED FOR ALLEGEDLY THROWING COOKIE AT GIRLFRIEND

Authorities were prompted to speak out about the bizarre new craze after several "extremely dangerous" incidents were reported in the Greater Manchester area

Authorities were prompted to speak out about the bizarre new craze after several "extremely dangerous" incidents were reported in the Greater Manchester area (SWNS)

NATIONAL PARKS GRAPPLE WITH OVERFLOWING TRASH AND HUMAN WASTE AS SHUTDOWN DRAGS ON

"Longsight Park has been subject to massive damage recently as a result of wheelie bins being set on fire in the middle of the children's play area," a Greater Manchester Police spokesperson said. "This type of damage has a widespread effect on communities and renders public spaces unusable."

Photos from Longsight Park show the charred aftermath of the burned trash cans in the children's area near a swingset.

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Police have reportedly advised residents of the area not to leave their private trash cans outside and keep them out of the public view.

Source: Fox News World

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Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London
Members of The Cranberries, bassist Mike Hogan, drummer Fergal Lawler and guitarist Noel Hogan speak to Reuters during an interview in London, Britain, April 24, 2019. REUTERS/Gerhard Mey

April 26, 2019

By Hanna Rantala

LONDON (Reuters) – Irish rockers The Cranberries are saying goodbye with their final album released on Friday, a poignant tribute to lead singer Dolores O’Riordan who died last year.

“In the End” is the eighth studio album from the band that rose to fame in the early 1990s with hits likes “Zombie” and “Linger”, and includes the final recordings by O’Riordan, who drowned in a London hotel bath in January 2018 due to alcohol intoxication.

Work on the album began during a 2017 tour and by that winter, O’Riordan and guitarist Neil Hogan had penned and demoed 11 tracks.

With O’Riordan’s vocals recorded, Hogan, bassist Mike Hogan and drummer Fergal Lawler completed the album in tribute to her.

“When we realized how strong the songs were, that was the deciding factor really… There was no point… trying to ruin the legacy of the band,” Noel Hogan said in an interview.

“It was obvious that Dolores wanted this album done because when you hear the album, you hear the songs and how strong they are, and she was very, very excited to get in and record this.”

The Cranberries formed in Limerick in 1989 with another singer. O’Riordan replaced him a year later and the group went on to become Ireland’s best-selling rock band after U2, selling more than 40 million records.

O’Riordan, known for her strong distinctive voice singing about relationships or political violence, was 46 when she died.

“She was actually in quite a good place mentally. She was feeling quite content and strong and looking forward to a new phase of her life,” Lawler said.

“A lot of the lyrics in this album are about things ending… people might read into it differently but it was a phase of her personal life that she was talking about.”

The group previously announced their intention to split after the release of “In The End”.

“We are absolutely gutted we can’t play (the songs) live because that’s something that’s been a massive part of this band from day one,” Noel Hogan said.

“A few people have said to us about maybe even doing a one off where you have different vocalists… as kind of guests of ours. A year ago that’s definitely something we weren’t going to entertain but I don’t know, I think it’s something we need to go away and take time off for the summer and have a think about.”

Critics have generally given positive reviews of the album; NME described it as “(seeing) the band’s career go full-circle” while the Irish Times called it “an unexpected late career high and a remarkable swan song for O’Riordan”.

Their early songs still play on the radio. This week, “Dreams” was performed at the funeral of journalist Lyra McKee, who was shot dead in Londonderry last week as she watched Irish nationalist youths attack police following a raid.

“We wrote them as kids, as a hobby and 30 years later they are on radio and on TV, like all the time… That’s far more than any of us ever thought we would have,” Noel Hogan said.

“That would make Dolores really happy because she was very precious about those songs. Her babies, she called them and to have that hopefully long after we’re gone… that’s all any band can wish for.”

(Reporting by Hanna Rantala; additoinal reporting by Marie-Louise Gumuchian; Writing by Marie-Louise Gumuchian; Editing by Susan Fenton)

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2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston
2020 Democratic presidential candidate Elizabeth Warren participates in the She the People Presidential Forum in Houston, Texas, U.S. April 24, 2019. REUTERS/Loren Elliott

April 26, 2019

By Joshua Schneyer and M.B. Pell

NEW YORK (Reuters) – Senator Elizabeth Warren will introduce a bill Friday that offers new protections for U.S. military families facing unsafe housing, following a series of Reuters reports revealing squalid conditions in privately managed base homes.

The Reuters reports and later Congressional hearings detailed widespread hazards including lead paint exposure, vermin infestations, collapsing ceilings, mold and maintenance lapses in privatized base housing communities that serve some 700,000 U.S. military family members.

(View Warren’s military housing bill here. https://tmsnrt.rs/2Dy5aht)

(Read Reuters’ Ambushed at Home series on military housing here. https://www.reuters.com/investigates/section/usa-military)

The Massachusetts Democrat’s bill would mandate both regular and unannounced spot inspections of base homes by certified, independent inspectors, holding landlords accountable for quickly fixing hazards. The military’s privatization program for years allowed real estate firms to operate base housing with scant oversight, Reuters found, leaving some tenants in unsafe homes with little recourse against landlords.

The bill would also require the Department of Defense and its private housing operators to publish reports annually detailing housing conditions, tenant complaints, maintenance response times and the financial incentives companies receive at each base. The provisions aim to enhance transparency of housing deals whose finances and operations the military had allowed to remain largely confidential under a privatization program since the late 1990s.

The measure would also require private landlords to cover moving costs for at-risk families, and healthcare costs for people with medical conditions resulting from unsafe base housing, ensuring they receive continuing coverage even after they leave the homes or the military.

“This bill will eliminate the kind of corner-cutting and neglect the Defense Department should never have let these private housing partners get away with in the first place,” Warren said in a statement Friday.

The proposed legislation comes after February Senate hearings where Warren, a member of the Senate Armed Services Committee who is seeking the Democratic nomination for the 2020 U.S. presidential election, slammed private real estate firms for endangering service families, and sought answers about why military branches weren’t providing more oversight.

Her legislation would direct the Defense Department to allow local housing code enforcers onto federal bases, following concerns they were sometimes denied access. Warren’s office said a companion bill in the House of Representatives would be introduced by Rep. Deb Haaland, Democrat of New Mexico.

In response to the housing crisis, military branches are developing a tenant bill of rights and hiring hundreds of new housing staff. The branches recently dispatched commanders to survey base housing worldwide for safety hazards, resulting in thousands of work orders and hundreds of tenants being moved. The Defense Department has pledged to renegotiate its 50-year contracts with private real estate firms.

Congress has been quick to take its own measures. Earlier legislation proposed by senators Dianne Feinstein and Kamala Harris of California, along with Mark Warner and Tim Kaine of Virginia, would compel base commanders to withhold rent payments and incentive fees from the private ventures if they allow home hazards to persist.

(Editing by Ronnie Greene)

Source: OANN

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FILE PHOTO: Offices of Deloitte are seen in London
FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

April 26, 2019

By Noor Zainab Hussain and Tanishaa Nadkar

(Reuters) – Deloitte quit as Ferrexpo’s auditor on Friday, knocking its shares by more than 20 percent, days after saying it was unable to conclude whether the iron ore miner’s CEO controlled a charity being investigated over its use of company donations.

Blooming Land, which coordinates Ferrexpo’s Corporate Social Responsibility (CSR) program, came under scrutiny after auditors found holes in the charity’s statements.

Ferrexpo on Tuesday said findings of an ongoing independent investigation launched in February indicated some Blooming Land funds could have been “misappropriated”. It did not provide any details or publish its findings.

Shares in Ferrexpo, the third largest exporter of pellets to the global steel industry, were 23.4 percent lower at 206.1 pence at 1022 GMT following news of Deloitte’s resignation.

“Ferrexpo’s shares are deeply discounted vs peers … following the resignation of Deloitte, we expect downside risks to dominate Ferrexpo’s shares near term.” JP Morgan analyst Dominic O’Kane said in a note on Friday.

Swiss-headquartered Ferrexpo did not provide a reason for the resignation of Deloitte, which declined to comment, while Blooming Land did not respond to a request for comment.

Funding for Blooming Land’s CSR activities is provided by one of Ferrexpo’s units in Ukraine and Khimreaktiv LLC, an entity ultimately controlled by Ferrexpo’s CEO and majority owner Kostyantin Zhevago, Ferrexpo said on Tuesday.

Ferrexpo’s board has found that Zhevago did not have significant influence or control over the charity, but Deloitte said it was unable reach a conclusion on this.

Reuters was not immediately able to contact Zhevago.

In a qualified opinion, a statement addressing an incomplete audit, Deloitte said it had been unable to conclude whether $33.5 million of CSR donations to Blooming Land between 2017 and 2018 was used for “legitimate business payments for charitable purposes”.

Deloitte said on Tuesday that total CSR payments made to Blooming Land by Ferrexpo since 2013 total about $110 million.

Ferrexpo, whose major mines are in Ukraine, has said that the investigation was ongoing and new evidence pointed to potential discrepancies.

Zhevago, 45, who ranked 1,511 on Forbes magazine’s list of billionaires for 2019 with a net worth of $1.4 billion, owns the FC Vorskla soccer club and has been a member of Ukraine’s parliament since 1998.

(Reporting by Noor Zainab Hussain and Tanishaa Nadkar in Bengaluru and additional reporting by Pavel Polityuk in Kiev; editing by Gopakumar Warrier, Bernard Orr)

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Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba
Children walk past a damaged building in the aftermath of the Cyclone Kenneth in Pemba, Mozambique April 26, 2019 in this still image obtained from social media. SolidarMed via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. NO RESALES. NO ARCHIVES

April 26, 2019

By Emma Rumney and Stephen Eisenhammer

JOHANNESBURG/LUANDA (Reuters) – Cyclone Kenneth killed at least one person and left a trail of destruction in northern Mozambique, destroying houses, ripping up trees and knocking out power, authorities said on Friday.

The cyclone brought storm surges and wind gusts of up to 280 km per hour (174 mph) when it made landfall on Thursday evening, after killing three people in the island nation of Comoros.

It was the most powerful storm on record to hit Mozambique’s northern coast and came just six weeks after Cyclone Idai battered the impoverished nation, causing devastating floods and killing more than 1,000 people across a swathe of southern Africa.

The World Food Programme warned that Kenneth could dump as much as 600 millimeters of rain on the region over the next 10 days – twice that brought by Cyclone Idai.

One woman in the port town of Pemba died after being hit by a falling tree, the Emergency Operations Committee for Cabo Delgado (COE) said in a statement, while another person was injured.

In rural areas outside Pemba, many homes are made of mud. In the main town on the island of Ibo, 90 percent of the houses were destroyed, officials said. Around 15,000 people were out in the open or in “overcrowded” shelters and there was a need for tents, food and water, they said.

There were also reports of a large number of homes and some infrastructure destroyed in Macomia district, a mainland district adjacent to Ibo.

A local group, the Friends of Pemba Association, had earlier reported that they could not reach people in Muidumbe, a district further inland.

Mark Lowcock, United Nations under-secretary-general for humanitarian affairs, warned the storm could require another major humanitarian operation in Mozambique.

“Cyclone Kenneth marks the first time two cyclones have made landfall in Mozambique during the same season, further stressing the government’s limited resources,” he said in a statement.

FLOOD WARNINGS

Shaquila Alberto, owner of the beach-front Messano Flower Lodge in Macomia, said there were many fallen trees there, and in rural areas people’s homes had been damaged. Some areas of nearby Pemba had no power.

“Even my workers, they said the roof and all the things fell down,” she said by phone.

Further south, in Pemba, Elton Ernesto, a receptionist at Raphael’s Hotel, said there were fallen trees but not too much damage. The hotel had power and water, he said, while phones rang in the background. “The rain has stopped,” he added.

However Michael Charles, an official for the International Federation of the Red Cross and Red Crescent Societies (IFRC), said heavy rains over the next few days were likely to bring a “second wave of destruction” in the form of flooding.

“The houses are not all solid, and the topography is very sandy,” Charles said.

In the days after Cyclone Idai, heavy inland rains prompted rivers to burst their banks, submerging entire villages, cutting areas off from aid and ruining crops. There were concerns the same could happen again in northern Mozambique.

Before Kenneth hit, the government and aid workers moved around 30,000 people to safer buildings such as schools, however authorities said that around 680,000 people were in the path of the storm.

(Reporting by Emma Rumney and Stephen Eisenhammer; Writing by Emma Rumney; Editing by Janet Lawrence and Alexandra Zavis)

Source: OANN

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A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai
FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas

April 26, 2019

By Manoj Kumar and Nidhi Verma

NEW DELHI (Reuters) – Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up.

For oil-import dependent India, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned.

But compounding the future pain, state-run fuel suppliers and retailers have held off passing on to consumers the higher prices during a staggered general election, which began on April 11 and ends on May 23, according to sources familiar with the situation.

That delay is expected to be unwound once the election is over. And there could be additional price increases to make up for losses or profits missed during the period of delayed increases, the sources said.

In some major Asian countries, such as Japan and South Korea, pump prices are adjusted periodically so they move largely in tandem with international crude prices.

That was what was supposed to happen in India but the election means there have been many days when pump prices have been unchanged.

In New Delhi, for example, while crude oil prices have gone up by nearly $9 a barrel, or about 12 percent, in the past six weeks, gasoline prices have only risen by 0.47 rupees a liter, or 0.6 percent.

State-controlled fuel suppliers and retailers declined to say why they had delayed price increases, or discuss whether there has been any pressure from the government of Prime Minister Narendra Modi.

A government spokesman declined to comment.

The opposition Congress party said Modi’s government was violating its own policy of daily price revision by advising the state oil companies to hold prices steady.

“The government should cut fuel taxes otherwise consumers will have to pay much higher oil prices once the elections are over,” said Akhilesh Pratap Singh, a senior leader of the Congress party.

(GRAPHIC: India Polls: Fuel price hike lags crude surge – https://tmsnrt.rs/2XLlxik)

Nitin Goyal, treasurer at the All India Petroleum Dealers Association, representing fuel stations in 25 states, said prices were similarly held down for 19 days in the southern state of Karnataka last year, when it held state assembly elections.

Only for them to surge after the vote.

“Consumers should be ready for a rude shock of a massive jump in retail prices, similar to the level we have seen in the Karnataka state election,” Goyal said.

‘CREDIT NEGATIVE’

Sri Paravaikkarasu, director for Asia oil at Singapore-based consultancy FGE, said retail prices of gasoline and gasoil prices would have been up to 6 percent, or about 4 rupee, higher if they had been allowed to rise in line with global prices.

“Indian pump prices have failed to keep up with the recent uptrend in crude prices,” Paravaikkarasu said.

“With the country’s general elections underway, the incumbent government has been keeping pump prices relatively unchanged.”

India had switched to a daily price revision in June 2017 from a revision every two weeks, as the government allowed retailers to set prices.

But the government faced protests last October when retailers raised prices by up to 10 rupees a liter after the crude oil price went above $80 a barrel, forcing it to cut fuel taxes.

Global prices rose to their highest level in 2019 on Thursday, days after the United States announced all Iran sanction waivers would end by May, pressuring importers including India to stop buying Tehran’s oil. [O/R]

Higher oil prices will mean Asia’s third largest economy is likely to see growth of less than 7 percent rate this fiscal year, economists said. Growth slowed to 6.6 percent in the October-December quarter, the slowest in five quarters.

Rating agency CARE has warned that a 10 percent rise in global oil prices could increase demand for dollars, putting pressure on the rupee and widening the current account deficit.

India’s oil import bill rose by nearly one-third in the fiscal year ending March 31 to $140.5 billion, against $108 billion the previous year.

“The increase in international oil prices is a credit negative for the Indian economy,” ICRA, the Indian arm of the Fitch rating agency, said in a note.

“Every $10/ bbl increase in crude oil prices increases the fiscal deficit by about 0.1 percent of GDP.”

Any big price rise would also build a case for the central bank to keep rates steady, or even raise them.

The Reserve Bank of India’s Monetary Policy Committee, which cut the benchmark policy repo rate by 25 basis points this month, warned that rising oil and food prices could push up inflation.

Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move the rupee down by 3-4 percent on an annual basis.

The rupee has depreciated by 1.24 percent against the dollar since a year high in mid-March.

($1 = 70.1800 Indian rupees)

(Reporting by Manoj Kumar and Nidhi Verma; Editing by Martin Howell and Rob Birsel)

Source: OANN

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