Islamophobia creating divisions, hijab becoming a 'weapon': Pak PM Imran at UNGA

Agencies
September 28, 2019

New York, Sept 28: Islamophobia has grown at an alarming pace after the 9/11 attacks and is creating divisions, with wearing of hijab becoming a "weapon" against the community in some countries, Pakistan Prime Minister Imran Khan said here on Friday.

Khan, who is currently on a week-long visit to the US, delivered his maiden address to the United Nations General Assembly and touched upon several issues, including climate change, money laundering and Islamophobia.

Khan said billions of Muslims were living as minorities in the western countries and since 9/11 attacks Islamophobia had grown at an "alarming" pace.

"Islamophobia is creating divisions, hijab is becoming a weapon; a woman can take off clothes but she can't put on more clothes. It started after 9/11 and it started because certain western leaders equated Islam with terrorism," he said.

Khan questioned the use of the term 'radical Islamic terrorism', saying there is only one Islam.

"There is no such thing as radical Islam," he said, pointing out that all religions have individuals carrying out radical acts.

"The basis of all religions is compassion and justice which differentiates us from the animal kingdom," he said.

The prime minister told the UN that there should be an understanding for other faiths, but they are seen as creating division among global population.

Khan said the radical Islamic terrorism used by leaders has caused Islamophobia and pain for Muslims.

"What message does this (the term) send? How is a person in New York going to distinguish between moderate Muslims and radical Muslims?" he asked.

"In European countries it is marginalising Muslims, and this leads to radicalisation. Some of the terrorists were from marginalised Muslim communities. We Muslim leaders have not addressed this issue. The Muslim leaders all became moderates and our government coined a phrase 'enlightened moderation'," he said.

Khan's remarks came a day after he announced that Pakistan, Turkey and Malaysia have decided to jointly launch an English language Islamic television channel to correct misperceptions and confront the challenges posed by Islamophobia.

"President Erdogan, PM Mahatir and myself had a meeting today in which we decided our 3 countries would jointly start an English language channel dedicated to confronting the challenges posed by Islamophobia and setting the record straight on our great religion - Islam," Khan said in a tweet.

"Misperceptions which bring people together against Muslims would be corrected; issue of blasphemy would be properly contextualized; series and films would be produced on Muslim history to educate/inform our own people and the world; Muslims would be given a dedicated media presence," he said.

Speaking about the climate change, Khan said so many leaders talked about the issue, but there was a lack of seriousness.

"We don't realise the urgency of the situation. We have so many ideas but ideas without funding are mere hallucinations," he said.

"Our country is one of the top 10 countries that are most affected by the climate change. Eighty per cent of our water comes from the glaciers. These glaciers are melting at a rapid pace. The glaciers are also in India in the Himalayas, Karakorum and the Hindu Kush.If nothing is done, I fear the people are going to be facing a huge catastrophe," he said. Khan said his government planted one billion trees in Khyber Pakhtunkhwa when it came to power and plans to plant 10 billion to counter global warming effects. "One country cannot do anything, it has to be a combined effort of the world, he said, urging the UN to push countries which contribute to green house gas emissions.

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Agencies
June 2,2020

Washington, Jun 2: There is no place for hate and racism in the society, Microsoft CEO Satya Nadella has said, asserting that empathy and shared understanding are a start, but more needs to be done. Nadella’s remarks come in the wake of the custodial death of George Floyd, a 46-year-old African-American man who was pinned to the ground in Minneapolis on May 25 by a white police officer who kneeled on his neck as he gasped for breath.

“There is no place for hate and racism in our society. Empathy and shared understanding are a start, but we must do more,” Nadella said in a tweet on Monday.

“I stand with the Black and African American community and we are committed to building on this work in our company and in our communities,” Nadella said.

A day earlier, Google CEO Sunder Pichai expressed solidarity with the African-American community.

“Today on US Google & YouTube homepages we share our support for racial equality in solidarity with the Black community and in memory of George Floyd, Breonna Taylor, Ahmaud Arbery & others who don’t have a voice,” Pichai wrote on Twitter on Sunday.

“For those feeling grief, anger, sadness & fear, you are not alone,” Pichai said, sharing a screenshot of the Google search home page which said, “We stand in support of racial equality, and all those who search for it.”

Nadella’s Microsoft also said they will be using the platform to amplify voices from the Black and African American community at the company.

Nadella had also spoken out a few months ago about the discriminatory Citizenship Amendment Act passed in his native country. Talking to BuzzFeed’s editor-in-chief, Ben Smith, in Manhattan, Nadella said what’s happening in the country is “sad.”

“I think what is happening is sad. I feel, and in fact quite frankly, now being informed (and) shaped by the two amazing American things that I’ve observed which is both, it’s technology reaching me where I was growing up and its immigration policy and even a story like mine being possible in a country like this.

“I think, it’s just bad, if anything, I would love to see a Bangladeshi immigrant who comes to India and creates the next unicorn in India or becomes the CEO of Infosys. That should be the aspiration. If I had to sort of mirror what happened to me in the US, I hope that’s what happens in India,” Microsoft’s India-born CEO was quoted as saying by BuzzFeed.

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Agencies
April 20,2020

Hong Kong, Apr 20: Oil prices collapsed to more than two-decade lows Monday as traders grow concerned that storage facilities are reaching their limits, while equities were mixed, with some support coming from signs that the coronavirus may have peaked in Europe and the United States.

US crude benchmark West Texas Intermediate briefly plunged almost 20 percent to below 15 -- its lowest since 1999 -- as stockpiles continue to build owing to a crash in demand caused by the COVID-19 pandemic.

Analysts said this month's agreement between top producers to slash output by 10 million barrels a day was having little impact on the oil crisis because of lockdowns and travel restrictions that are keeping billions of people at home.

WTI was hit particularly hard as its main US storage facilities in Cushing, Oklahoma, were filling up.

ANZ said "crude oil prices remained under pressure, as projections of weaker demand weigh on sentiment".

"Despite the OPEC+ alliance agreeing to an unprecedented cut in output, the physical market is awash with oil," it said, referring to the Organization of the Petroleum Exporting Countries and non-OPEC partners.

And AxiCorp's Stephen Innes added: "It's a dump at all cost as no one... wants delivery of oil, with Cushing storage facilities filling by the minute.

"It hasn't taken long for the market to recognise that the OPEC+ deal will not, in its present form, be enough to balance oil markets." Stock traders were in slightly more buoyant mood as governments start to consider how and when to ease lockdowns that have crippled the global economy.

Italy, Spain, France and Britain reported drops in daily death tolls and slowing infection rates.

"We are scoring points against the epidemic," said Prime Minister Edouard Philippe, while insisting "we are not out of the health crisis yet".

Meanwhile, in the US, Andrew Cuomo, governor of badly hit New York state, said the disease was "on the descent", though he cautioned it was "no time to get cocky".

Mounting evidence suggests that the lockdowns and social distancing are slowing the spread of the virus.

That has intensified planning in many countries to begin loosening curbs on movement and easing the crushing pressure on national economies.

Adding to the sense of hope was a report indicating promising research on a drug to treat coronavirus.

Hong Kong, Shanghai and Seoul were each up 0.1 percent, while Wellington added 0.4 percent.

However, Tokyo went into the break 0.9 percent lower, while Sydney and Manila dropped one percent apiece. There were also losses in Taipei, Singapore and Jakarta.

"The longer investors have to contemplate future economic issues while they wait for more countries to be on the downward slope of the pandemic curve, the more scope there is of risk assets pricing in a difficult future," Chris Iggo, of AXA Investment Managers UK, said.

Investors are keeping an eye on Washington, where Congress and the White House are working towards a 450 billion economic relief plan for small business to add to the trillions already pledged to support the economy.

Big-name companies including IBM, Netflix and Coca-Cola are due to deliver their earnings reports.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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