Trump victory elicits fears, some cheers around the globe

November 9, 2016

London, Nov 9: The world faces a starkly different America led by a President Donald Trump.trumpGlb

While the billionaire businessman's election was welcomed in some countries, others saw it as a big shock, as governments will now have to deal with a man who has cozied up to Vladimir Putin, told NATO allies they would have to pay for their own protection and vowed to make the Mexican government pay for a multibillion-dollar border wall.

Trump's win was particularly startling in Mexico, where his remarks calling Mexican immigrants criminals and 'rapists' were a deep insult to national pride. Financial analysts have predicted a Trump win would threaten billions of dollars in cross-border trade, and government officials say they have drawn up a contingency plan for such a scenario, though without releasing details.

"It's DEFCON 2," Mexican analyst Alejandro Hope said. "Probably something as close to a national emergency as Mexico has faced in many decades."

"It depends if he means what he says and if he can do what he claims he wants to do," Hope added. "A massive deportation campaign could really put some stress on Mexican border communities. A renegotiation of NAFTA could seriously hobble the Mexican economy. It could create a lot of uncertainty. ... Financial markets could suffer."

The Mexican peso, which has tracked the U.S. election closely, fell sharply to 20.45 to the dollar late Tuesday before recovering somewhat. The Bank of Mexico's interbank rate had stood at 18.42 at the end of the day's trading.

In Europe, NATO allies now wait to see if Trump follows through on suggestions that America will look at whether they have paid their proper share in considering whether to come to their defense.

Trump's rhetoric has challenged the strategic underpinning of the NATO alliance, rattling its leaders at a time when Russia has been increasingly aggressive.

German Defense Minister Ursula von der Leyen called the vote 'a big shock' and 'a vote against Washington, against the establishment.'

Von der Leyen said on German public Television Wednesday that while many questions remain open, "We Europeans obviously know that as partners in NATO, Donald Trump will naturally ask what 'are you achieving for the alliance,' but we will also ask 'what's your stand toward the alliance.'"

The French populist, anti-immigrant politician Marine Le Pen congratulated Trump even before the final results were known, tweeting her support to the "American people, free!"

Foreign Minister Jean-Marc Ayrault said France would work with the new president and that European politicians should heed the message from Trump votes. "There is a part of our electorate that feels ... 'abandoned,' including people who feel left behind by globalization," he said.

Trump's victory is being viewed with shock and revulsion in Ireland, a country close to the Clintons and fearful of Trump's campaign pledge to confront US companies using Ireland as a tax shelter.

The newspaper of record, the Irish Times, branded the New York businessman a 'misogynistic racist liar' who would fan instability overseas and intolerance at home.

Irish Times columnist Fintan O'Toole wrote Wednesday: "The republic of Washington, Jefferson, Lincoln and Roosevelt is now the United Hates of America."

"President Trump is the creation of the same demographic that gave Europe its far-right authoritarian movements with such disastrous consequences for the world," he wrote. "This does not mean that we are facing an American fascism. But it does mean that Trump will not be able to rule without stoking and manipulating fear."

British Prime Minister Theresa May issued a statement saying she looks forward to working with Trump and building on the two countries' longstanding 'special relationship.' Her predecessor, David Cameron, had been outspoken in his criticism of Trump during the primary campaign.

Nigel Farage, acting leader of the UK Independent Party, which played an important role convincing Britons to leave the European Union, told The Daily Telegraph that Trump's victory would bring a 'massive result' for Britain. A spokesman said Farage - who campaigned briefly with Trump- was flying to Washington Wednesday.

Russian President Vladimir Putin sent Trump a telegram Wednesday morning congratulating him on his victory.

Moscow has been unusually prominent in the race. Clinton's campaign and the Obama administration blamed Russian hackers for leaked emails from the Democratic National Committee and Clinton campaign staff. Trump, in turn, has made complimentary remarks about Putin; the ties some of his advisers and former campaign officials have to Russia have raised suspicions.

"We of course regard with satisfaction that the better candidate of the two presented to the American voters was victorious," said Vladimir Zhirinovsky, leader of Russia's nationalist Liberal Democratic party, according to the Interfax news agency.

In Asia, security issues and trade will top the agenda for the new administration, from North Korea and the South China Sea to the contentious and yet-unratified Trans-Pacific Partnership trade agreement.

Chinese state media and government-backed commentators had signaled Beijing's preference for a Trump win. Like Russia, China is seen as favoring Trump because he appears less willing to confront China's newly robust foreign policy, particularly in the South China Sea.

Clinton, by contrast, is disliked in Beijing for having steered the US 'pivot' to Asia aimed at strengthening US engagement with the region, particularly in the military sphere.

Scholar Mei Xinyu wrote in the Communist Party newspaper Global Times that China would find it easier to cope with a Trump presidency.

"Trump has always insisted on abandoning ideological division and minimizing the risks that unnecessary conflicts with other countries may bring to the U.S.," Mei wrote.

In Indonesia, the world's most populous Muslim country, social media was abuzz with speculation about whether Trump would follow through on campaign rhetoric calling for a ban on Muslims entering the United States. Some said they fear they would be prevented from visiting relatives and friends who live in America or traveling there as tourists.

News of Trump's widening lead hit hard in Cuba, which has spent the last two years negotiating normalization with the United States after more than 50 years of Cold War hostility, setting off a tourism boom. Trump has promised to roll back Obama's opening with Cuba unless President Raul Castro agrees to more political freedoms.

"If he reverses it, it hurts us," taxi driver Oriel Iglesias Garcia said. "You know tourism will go down."

In pubs, bars and restaurants in much of the world, people watched TV and took in the surprise news of Trump's victory.

At a pub in Sydney, Pamela Clark-Pearman, a 63-year-old Clinton supporter, sat nursing a beer.
"I never thought the Americans could be so stupid. I just think it's Brexit all over again,'' Clark-Pearman said, referring to the June 23 British vote to leave the European Union.

Serving the last drinks of the night at a Mexico City tavern where a half-dozen TVs were tuned to election news, bartender Angel Mendoza wondered what will happen to his 15 or so family members living in the United States, about half of whom are there illegally.

"They're not coming here," he said. "Their lives are already made there, but (now) with a certain fear."

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Wednesday, 9 Nov 2016

When Authority / Power comes to the hands of unfit person, then wait for the Hour - Muhammad(Pbuh)

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Agencies
June 22,2020

The total number of global COVID-19 cases was nearing 9 million, while the deaths have increased to over 467,000, according to the Johns Hopkins University.

By Monday morning, the total number of cases stood at 8,927,195, while the fatalities increased to 467,636, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

With 2,279,306 cases and 119,967 deaths, the US continues with the world's highest number of COVID-19 infections and fatalities, according to the CSSE.

Brazil comes in the second place with 1,083,341 infections and 50,591 deaths.

In terms of cases, Russia ranks third (583,879), and was followed by India (410,461), the UK (305,803), Peru (251,338), Spain (246,272), Chile (242,355), Italy (238,499), Iran (204,952), France (197,008), Germany (191,272), Turkey (187,685), Mexico (180,545), Pakistan (176,617), Saudi Arabia (157,612), Bangladesh (112,306) and Canada (103,078), the CSSE figures showed.

The other countries with over 10,000 deaths are the UK (42,717), Italy (34,634), France (29,643), Spain (28,323), Mexico (21,825) and India (13,254).

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News Network
July 17,2020

Jul 17: US President Donald Trump has said that he wants to do everything possible to keep peace for the people of India and China, according to his spokesperson

Over the past several weeks, the Trump administration has come out in support of India against China.

“He (Trump) said I love the people of India and I love the people of China and I want to do everything possible to keep the peace for the people,” White House Press Secretary Kayleigh McEnany told reporters at a news conference here on Thursday.

She was responding to a question on Trump’s message to India, which recently had a standoff with China in eastern Ladakh along the Line of Actual Control.

Earlier in the day, White House Economic Advisor Larry Kudlow described India as a great ally, saying President Trump is a great friend of Prime Minister Narendra Modi.

On Wednesday, Secretary of State Mike Pompeo said that India has been a great partner of the US.

“India has been a great partner… They are an important partner of ours. I have a great relationship with my foreign minister counterpart. We talked frequently about a broad range of issues. We talked about the conflict they had along the border with China. We've talked about the risk that emanates from the Chinese telecommunication infrastructure there,” Pompeo told reporters in response to a question.

Travelling in Europe, US National Security Advisor Robert O’Brien told reporters that China has been very aggressive with India.

O’Brien said that India is a democracy and is a great friend of the United States. Prime Minister “Modi and President Trump have a super relationship,” he said.

“In fact, it was the last foreign trip that I took with the president before the COVID-19 crisis hit, was to India, and we had a great reception of the Indian people there. We have a lot in common with them, we speak English, we're democracies. We've got a growing, very strong relationship with India,” O’Brien said.

Welcoming the White House statement, Al Mason, co-chair of the Trump Victory Indian American Finance Committee, said that unlike his predecessor, President Trump has come out openly in support of India.

“Most of the Indian-Americans have observed that every earlier president - be it a Democrat or Republican, like Clinton or Bush Senior or Bush Jr or Obama have been very scared to side with India openly, for fear of hurting China.

“Only President Trump has had the courage to say that… I love India, America respects India… US stands with India - and that also, to over one billion Indians in India at the Namaste Trump rally held in India… and that too… near India’s neighbour China,” Mason said in a statement.

“And he is consistent in his love for India and Indian-Americans,” he added.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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