93-yr-old Mugabe dismissed as Zimbabwe’s ruling party leader

Agencies
November 19, 2017

Harare, Nov 19: President Robert Mugabe was dismissed as the leader of Zimababwe's ruling ZANU-PF party on Sunday in a move to force him to end to his 37 years in power peacefully following a de facto military coup.

He was replaced by Emmerson Mnangagwa, the deputy he sacked this month, sources at a special ZANU-PF meeting to decide Mr. Mugabe's fate told Reuters.

“He has been expelled,” one of the delegates said. "Mnangagwa is our new leader.”

Mr. Mugabe's wife Grace, who had harboured ambitions of succeeding Mr. Mugabe, was also expelled from the party.

Speaking before the meeting, war veterans' leader Chris Mutsvangwa said the 93-year-old Mr. Mugabe was running out of time to negotiate his departure and should leave the country while he could.

“He's trying to bargain for a dignified exit,” he said.

Mr. Mutsvangwa followed up with threat to call for street protests if Mr. Mugabe refused to go, telling reporters: “We will bring back the crowds and they will do their business.”

Mr. Mnangagwa, a former state security chief known as “The Crocodile,” is now in line to head an interim post-Mugabe unity government that will focus on rebuilding ties with the outside world and stabilising an economy in freefall.

On Saturday, hundreds of thousands of people flooded the streets of Harare, singing, dancing and hugging soldiers in an outpouring of elation at Mr. Mugabe's expected overthrow.

His stunning downfall in just four days is likely to send shockwaves across Africa, where a number of entrenched strongmen, from Uganda's Yoweri Museveni to Democratic Republic of Congo's Joseph Kabila, are facing mounting pressure to quit.

Celebrations

Men, women and children ran alongside the armoured cars and troops who stepped in this week to oust the man who has ruled since independence from Britain in 1980.

Under house arrest in his lavish 'Blue Roof' compound, Mr. Mugabe has refused to stand down even as he has watched his support from party, security services and people evaporate in less than three days.

His nephew, Patrick Zhuwao, told Reuters Mugabe and his wife were “ready to die for what is correct” rather than step down in order to legitimise what he described as a coup.

But on Harare's streets, few seemed to care about the legal niceties as they heralded a “second liberation” for the former British colony and spoke of their dreams for political and economic change after two decades of deepening repression and hardship.

"These are tears of joy," said Frank Mutsindikwa (34) holding aloft the Zimbabwean flag. "I've been waiting all my life for this day. Free at last. We are free at last."

The huge crowds in Harare have given a quasi-democratic veneer to the army's intervention, backing its assertion that it is merely effecting a constitutional transfer of power, rather than a plain coup, which would entail a diplomatic backlash.

Despite the euphoria, some Mugabe opponents are uneasy about the prominent role played by the military, and fear Zimbabwe might be swapping one army-backed autocrat with another, rather than allowing the people to choose their next leader.

"The real danger of the current situation is that having got their new preferred candidate into State House, the military will want to keep him or her there, no matter what the electorate wills,” former Education Minister David Coltart said.
 

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News Network
February 1,2020

Washington, Feb 1: The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

"The Indian economy indeed has experienced an abrupt slowdown in 2019. We had to revise our growth projections, downwards to four percent for last year. We are expecting 5.8 per cent (growth rate) in 2020 and then an upward trajectory to 6.5 percent in 2021," Georgieva told a group of foreign journalists here on Friday.

"It appears that the main reason for this slowdown was the non-banking financial institutions experiencing a turbulence," she said on the eve of Union Finance Minister Nirmala Sitharaman presenting the annual budget in Parliament on Saturday.

She said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact.

"For example, coming with the unified tax system, and the demonetisation that took place. These are steps that over time are beneficial, but of course they might, might be somewhat disruptive over short term," Georgieva said in response to a question.

The International Monetary Fund (IMF) Managing Director said that there is not a lot of fiscal space in India. “But we also recognise that the policies of the government on that side, on the fiscal side have been prudent. We will see how the reading of the budget, the submission of the budget goes, tomorrow,” she said.

In the medium-term, she said, the IMF remains optimistic about India. “This is why we see that upswing potential for the growth in the country,” she said.

Georgieva said that the current economic slowdown cannot be described as a recession. "No.... You're far from that. But it is a significant slowdown, not the recession," she said.

The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy. The IMF would be keen to see what India does to get relatively sound macroeconomic fundamentals to pay off in terms of better growth trajectory, she said ahead of the budget.

One thing that is important for India is that budgetary revenue have been below target. "The country knows that. The finance minister knows it. They need to increase budgetary revenue collection so they can improve their fiscal position. I said it's tight on the spending side, but I also want to stress that there is room to improve collection on the revenue side," she said.

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News Network
May 23,2020

Karachi, May 23: Ninety-seven people were killed and two survived when a passenger plane crashed into homes in Pakistan's southern city of Karachi, health officials said Saturday.

The Pakistan International Airlines (PIA) plane had made multiple approaches to land at the city's airport when it came down in a residential area, damaging buildings and sparking a rescue operation that lasted into the night.

All passengers and crew had been accounted for and the bodies of those killed had been recovered from the crash site, the Sindh Health Ministry said, adding that 19 had been identified.

A local hospital earlier reported it had received the bodies of people killed on the ground.

The site remained cordoned off on Saturday morning.

The crash sent plumes of smoke were into the air as rescue workers and residents searched the debris for people and as firefighters tried to extinguish the flames.

An AFP reporter witnessed charred bodies being loaded into ambulances.

PIA said the plane lost contact with air traffic control just after 2:30 pm (0930 GMT) travelling from Lahore to Karachi.

The disaster comes as Pakistanis prepare to celebrate the end of Ramadan and the beginning of Eid al-Fitr, with many travelling back to their homes in cities and villages.

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News Network
April 24,2020

Washington, Apr 24: The number of coronavirus cases in the US has surpassed 850,000, Johns Hopkins University Coronavirus Resource Center data revealed on Thursday (local time).
The country now has registered 8,56,209 cases overall, according to the data, including 47,272 deaths.

The US currently leads the world in the number of reported COVID-19 deaths and confirmed cases.

There are more than 2.6 million COVID-19 cases around the world and more than 1,85,000 deaths, according to the data.

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