4 lakh staff will go without pay, 3.8 lakh ‘on leave’ as US shutdown begins

Agencies
December 23, 2018

Washington, Dec 23: The US government was partially shut down early on Saturday in a fierce dispute over President Donald Trump’s demands that Congress assign USD 5 billion for a wall along the border with Mexico.

After failing to strike a budget deal on Friday, congressional leaders and the White Housepledged to keep talking through the weekend in search of a deal to end the shutdown ahead of the Christmas holiday.

The impasse came after Trump threw a wrench into the works earlier in the week by refusing to agree to a short-term funding deal cut by Democratic and Republican senators because it did not include the USD 5 billion for his border wall.

The US House of Representatives, where Republicans have a majority until Democrats take over on January 3, then passed a bill that including the $5 billion, but it ran aground in the Senate and the shutdown began at midnight on Friday.

After it became clear the House bill lacked the votes to pass, Senate leaders huddled with vice president Mike Pence and other White House officials to try to figure out a path forward.

They failed and lawmakers in both houses of Congress were sent home.

Trump tried to blame Democrats.

“We’re going to have a shutdown. There’s nothing we can do about that because we need the Democrats to give us their votes,” he said in a video posted to his Twitter account two hours before the midnight deadline.

Democrats repeatedly reminded Trump, and voters, that he said last week he would be “proud” to shut the government down in order to get wall funding.

“President Trump has thrown a temper tantrum and now has us careening towards a ‘Trump shutdown’ over Christmas,” Senate Democratic leader Chuck Schumer said on the Senate floor on Friday.

About three-quarters of federal government programs are funded through to Sept 30 next year, but the financing for all others - including the departments of Homeland Security, Justice and Agriculture - expired at midnight.

Federal parks will close and more than 400,000 federal “essential” employees in those agencies will work without pay until the dispute is resolved. Another 380,000 will be “furloughed”, meaning they are put on temporary leave.

Law enforcement efforts, border patrols, mail delivery and airport operations will keep running.

Impasse

For the shutdown to end, both the House and the Senate will have to approve any deal negotiated between Trump’s team and Republican and Democratic leaders.

The shutdown could persist at least until a new Congress convenes on January 3, and Democrats take control of the House from Republicans. That does not necessarily mean, however, that Trump would agree to a compromise.

The shutdown comes at the end of a perilous week for the president, one that saw Defense Secretary James Mattis resign in protest after Trump’s sudden decision to pull US troops out of Syria.

The Syria move was widely criticized, even by senior Republicans in Congress. And continued heavy losses in the stock market were in part fueled by the political turmoil.

While Trump made the promise of building a border wall a fixture of his 2016 election campaign, it is not a top-tier priority for most Americans.

According to a Reuters/Ipsos poll in late November, only 31 percent of those surveyed said improved border security should be one of the top three priorities for Congress.

That suggests Trump is taking a political risk by gambling on a shutdown to press his point at a time when Democrats are gearing up for their 2020 presidential primary and looking for issues with which to seize an advantage.

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News Network
June 1,2020

New Delhi, Jun 1: Actor Kendrick Sampson, who stars in HBO series Insecure, was struck by rubber bullets as Los Angeles police officers tried to disperse a crowd protesting George Floyd”s death in Minneapolis.

Floyd, a black man, died last Monday in Minneapolis, Minnesota after a white police officer pressed his knee on his neck for more than eight minutes. The officer was arrested on Friday and charged with third-degree murder.

The actor went live via Instagram on Saturday to show his view of events, but he could be also be seen on a CNN broadcast simultaneously, with viewers watching him get hit by a police baton on TV.

Sampson posted several videos on his page of a large demonstration at Pan Pacific Park near the city”s Fairfax District, where violent clashes took place throughout the day outside the Grove shopping center.

In one video, LAPD officers can be seen firing rubber bullets to try and regain control at the park.

“They shot me four times already. I already got hurt and I got hit with a baton,” Sampson said in the video on Instagram.

Another clip showed him moving away from the police, as he appeared to be hit by an officer”s baton.

“Y”all ain”t see no police f*****g up white folks when they took guns to the statehouse,” he said, referring to an incident in Michigan over coronavirus restrictions, not in California. “Y”all didn”t see police attacking white folks, beating em up with batons, shooting them with rubber bullets when they brought guns to f*****g state houses. We came up here with no weapons, with masks.… And we”re the ones who are not peaceful,” Sampson alleged.

Protests turned violent over Floyd”s death and other police killings of black people spread Saturday in dozens of US cities, with police cars set ablaze, reports of injuries mounting on all sides, shops and showrooms vandalised amid the lockdown.

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News Network
June 24,2020

Geneva, Jun 24: The global cumulative count of confirmed coronavirus cases is approaching nine million, with 133,326 cases recorded over the past day, the World Health Organisation (WHO) said in its daily situation report on Tuesday.

Over the past 24 hours, 3,847 people died from COVID-19 worldwide, taking the cumulative death toll to 469,587 fatalities, according to the report.

The global case total has now reached 8,993,659.

The Americas still account for the majority of cases and deaths -- 4.4 million and 224,207, respectively.

The United States remains the country with the highest count of cases and fatalities -- 2.3 million and 119,761, respectively.

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Agencies
June 7,2020

Moscow, Jun 7: OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

The group, known as OPEC+, also demanded countries such as Nigeria and Iraq, which exceeded production quotas in May and June, compensate with extra cuts in July to September.

OPEC+ had initially agreed in April that it would cut supply by 9.7 million barrels per day (bpd) during May-June to prop up prices that collapsed due to the coronavirus crisis. Those cuts were due to taper to 7.7 million bpd from July to December.

“Demand is returning as big oil-consuming economies emerge from pandemic lockdown. But we are not out of the woods yet and challenges ahead remain,” Saudi Energy Minister Prince Abdulaziz bin Salman told the video conference of OPEC+ ministers.

Benchmark Brent crude climbed to a three-month high on Friday above $42 a barrel, after diving below $20 in April. Prices still remain a third lower than at the end of 2019.

“Prices can be expected to be strong from Monday, keeping their $40 plus levels,” said Bjornar Tonhaugen from Rystad Energy.

Saudi Arabia, OPEC’s de facto leader, and Russia have to perform a balancing act of pushing up oil prices to meet their budget needs while not driving them much above $50 a barrel to avoid encouraging a resurgence of rival U.S. shale production.

It was not immediately clear whether Saudi Arabia, the United Arab Emirates and Kuwait would extend beyond June their additional, voluntary cuts of 1.18 million bpd, which are not part of the deal.

BULGING INVENTORIES

The April deal was agreed under pressure from U.S. President Donald Trump, who wants to avoid U.S. oil industry bankruptcies.

Trump, who previously threatened to pull U.S. troops out of Saudi Arabia if Riyadh did not act, spoke to the Russian and Saudi leaders before Saturday’s talks, saying he was happy with the price recovery.

While oil prices have partially recovered, they are still well below the costs of most U.S. shale producers. Shutdowns, layoffs and cost cutting continue across the United States.

“I applaud OPEC-plus for reaching an important agreement today which comes at a pivotal time as oil demand continues to recover and economies reopen around the world,” U.S. Energy Secretary Dan Brouillette wrote on Twitter after the extension.

As global lockdowns ease, oil demand is expected to exceed supply sometime in July but OPEC has yet to clear 1 billion barrels of excess oil inventories accumulated since March.

Rystad’s Tonhaugen said Saturday’s decisions would help OPEC reduce inventories at a rate of 3 million to 4 million bpd in July-August. “The quicker stocks fall, the higher prices will get,” he said.

Nigeria’s petroleum ministry said Abuja backed the idea of compensating for its excessive output in May and June.

Iraq, with one of the worst compliance rates in May, agreed to extra cuts although it was not clear how Baghdad would reach agreement with oil majors on curbing Iraqi output.

Iraq produced 520,000 bpd above its quota in May, while overproduction by Nigeria was 120,000 bpd, Angola’s was 130,000 bpd, Kazakhstan’s was 180,000 bpd and Russia’s was 100,000 bpd, OPEC+ data showed.

OPEC+’s joint ministerial monitoring committee, known as the JMMC, will meet monthly until December to review the market, compliance and recommend levels of cuts. JMMC’s next meeting is scheduled for June 18.

OPEC and OPEC+ will hold their next scheduled meetings on Nov. 30-Dec. 1.

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