President Trump would ‘love' to broker Middle East peace...

November 24, 2016

Washington, Nov 24: President-elect Donald Trump said Tuesday he would “love” to clinch a deal to end the intractable conflict between Israel and the Palestinians, despite Israel's revived plans to build 500 new homes for Jewish settlers in annexed east Jerusalem.

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“I would love to be the one who made peace with Israel and the Palestinians, that would be such a great achievement,” Trump said in an interview with The New York Times.

A New York Times reporter tweeted that Trump also suggested that his son-in-law Jared Kushner could help broker the deal. Kushner, who is married to Trump's daughter Ivanka, is from an Orthodox Jewish family.

Trump has raised Palestinian ire by proposing that Jerusalem should be recognized as Israel's capital, an idea contrary to traditional US policy.

Almost all US presidents have, in the past, tried their hands at brokering peace between the Palestinians and the Israelis — unsuccessfully.

The Israeli right has expressed particular satisfaction with Trump's election win, viewing it as a sign to resume or accelerate settlement building in the Israel-occupied Palestinian territories, and even the end of the idea of an independent Palestinian state.

The Israeli settlement plan is an ominous sign for Palestinians wary of a Trump presidency, an NGO said.

“The political significance of this action is that it is the first plan to be promoted since the US elections,” Betty Herschman from the Ir Amim NGO said.

The plan for 500 housing units in Ramat Shlomo, an ultra-Orthodox Jewish neighborhood in east Jerusalem of around 20,000, had been on hold since 2014, Ir Amim said.

The Jerusalem municipality downplayed the significance of the new housing units, saying the plans were “not new and were approved years ago.”

Nevertheless, the announcement is likely to be interpreted by some as a first step in Israel expanding its settlements in the wake of Trump's upset election victory.

Israeli right-wingers hailed his triumph as ushering in an administration far less critical of settlement expansion than that of outgoing President Barack Obama's.

The president-elect's adviser on Israel, David Friedman, told AFP last month that he does not believe Trump sees Jewish settlements in the occupied West Bank as illegal.

One Israeli minister said Trump's win meant “the era of a Palestinian state is over” while Meir Turjeman, chairman of the Jerusalem municipality planning committee, told public radio earlier in November that it meant suspended permits in east Jerusalem would be given the green light.

He said the municipality intended to authorize thousands of housing units that had been frozen.

The international community considers all settlements illegal and sees them as one of the largest obstacles to peace between Israel and the Palestinians.

Ahead of Wednesday's announcement France said the planned constructions would be “illegal.”

“The unabated continuation of the settlement policy only serves to increase tensions on the ground and undermines the prospects for achieving a just and lasting peace,” the Foreign Ministry said in a statement Tuesday.

Prime Minister Benjamin Netanyahu, whose government is considered the most right-wing in Israeli history, has so far been cautious in green-lighting settlements.

While many on the Israeli right are looking forward to Trump's inauguration in January, they are also wary of what Obama may do in his final days in office.

Obama's administration has expressed mounting anger over Israeli settlement policy and speculation has grown that he could launch a final initiative before leaving.

The UN Security Council is set to debate proposals for a draft resolution calling for a halt to settlement expansion in the Palestinian territories, with speculation Obama could break with recent US practice and support — or at least not veto — such a resolution before his term expires on Jan. 20.

Netanyahu last month expressed concern over any potential attempt but Lieberman on Wednesday seemed less concerned.

Asked if he expected any surprises from Obama before his term ends, Lieberman said: “I don't think so.”

“It is clear we are in a transition period, it is clear today — not only in Israel but in the world — we are waiting for new policies, a new administration.”

Obama has had frosty personal relations with Netanyahu throughout his two-term presidency.

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Agencies
July 28,2020

Kuala Lumpur, Jul 28: Malaysia's ex-leader Najib Razak was found guilty Tuesday in his first trial over the multi-billion-dollar 1MDB scandal, two years after the fraud contributed to the downfall of his long-ruling government.

The former prime minister could now face decades in jail after being convicted on all charges in the case related to the looting of sovereign wealth fund 1Malaysia Development Berhad.

Billions of dollars were stolen from the investment vehicle and spent on everything from high-end real estate to pricey art, while investment bank Goldman Sachs also became embroiled in the scandal.

Anger at the looting played a large part in the shock loss of Najib's long-ruling coalition in elections in 2018, and he was arrested and hit with dozens of charges following his defeat.

The verdict was a test of Malaysia's rule of law. It comes about five months after Najib's scandal-plagued party returned to power as part of a coalition, development observers had feared could affect the outcome of the case.

About 16 months after it began, the Kuala Lumpur High Court delivered the verdict in Najib's first trial, which centred on the transfer of 42 million ringgit ($9.9 million) from a former 1MDB unit, SRC International, into his accounts.

Najib had vehemently denied wrongdoing.

But Judge Mohamad Nazlan Mohamad Ghazali took apart all the arguments put forward by his defence, and found him guilty on the seven charges he faced.

"In conclusion, after considering all the evidence in this trial, I find the prosecution has successfully proven the case," the judge told the court.

The charges were one of abuse of power, three of criminal breach of trust and three of money-laundering.

The counts of abuse of power and criminal breach of trust are punishable by up to 20 years in jail each, while the money-laundering charges are punishable by up to 15 years each.

Sentencing was not handed down straight away. The 67-year-old will likely appeal and he may not be sent to jail immediately. If his conviction is upheld, he will also be barred from political office for several years.

Najib had insisted he was ignorant of the transactions.

The defence team portrayed Najib as a victim and instead sought to paint financier Low Taek Jho, a key figure in the scandal who has been charged in the US and Malaysia, as the mastermind.

Low, whose whereabouts are unknown, maintains his innocence.

Prosecutors insisted Najib was in control of the 1MDB unit, SRC International.

The return of Najib's party to power as part of a coalition in March followed the collapse of Mahathir Mohamad's reformist administration.

Since then, 1MDB-linked charges were unexpectedly dropped against the ex-leader's stepson Riza Aziz, a producer of Hollywood movie "The Wolf of Wall Street", in exchange for him agreeing to return assets to Malaysia.

Prosecutors also dropped dozens of charges against Najib ally Musa Aman, the former leader of Sabah state.

The amounts involved in Najib's first case are small compared to those in his second and most significant trial, which centres on allegations he illicitly obtained more than $500 million.

Malaysia had charged Goldman Sachs and some current and former staff, claiming large amounts were stolen when the bank arranged bond issues for 1MDB.

But the two sides agreed to a $3.9 billion settlement last week in exchange for charges being dropped.

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News Network
January 12,2020

Washington, Jan 12: US president Donald Trump said Saturday the United States was monitoring Iranian demonstrations closely, warning against any new “massacre” as protests broke out after Tehran admitted to shooting down a passenger plane.

Iran said earlier it unintentionally downed a Ukrainian jetliner outside Tehran, killing all 176 people aboard, in an abrupt about-turn after initially saying that it had crashed due to mechanical failure. The firing came shortly after Iran launched missiles at bases in Iraq housing American forces.

President Hassan Rouhani said a military probe into the tragedy had found that “missiles fired due to human error” brought down the Boeing 737, calling it an “unforgivable mistake.”

Trump told Iranians -- in tweets in both English and Farsi -- that he stands by them and is monitoring the demonstrations.

“To the brave, long-suffering people of Iran: I've stood with you since the beginning of my Presidency, and my Administration will continue to stand with you,” he tweeted.

“There can not be another massacre of peaceful protesters, nor an internet shutdown. The world is watching,” he added, apparently referring to an Iranian crackdown on street protests that broke out in November.

“We are following your protests closely, and are inspired by your courage," he said.

The new demonstrations follow an Iranian crackdown on street protests that broke out in November. Amnesty International has said it left more than 300 people dead. Internet access was reportedly cut off in multiple Iranian provinces ahead of memorials planned a month after the protests.

On Saturday evening, police dispersed students who had converged on Amir Kabir University in Tehran to pay tribute to the victims, after some among the hundreds gathered shouted "destructive" slogans, Fars news agency said.

State television reported that students shouted "anti-regime" chants, while the news agency Fars reported that posters of Soleimani had been torn down.

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News Network
March 2,2020

Paris, Mar 2: A global agency says the spreading new virus could make the world economy shrink this quarter, for the first time since the international financial crisis more than a decade ago.

The Organization for Economic Cooperation and Development says Monday in a special report on the impact of the virus that the world economy is still expected to grow overall this year and rebound next year.

But it lowered its forecasts for global growth in 2020 by half a percentage point, to 2.4 per cent, and said the figure could go as low as 1.5 per cent if the virus lasts long and spreads widely.

The last time world GDP shrank on a quarter-on-quarter basis was at the end of 2008, during the depths of the financial crisis. On a full-year basis, it last shrank in 2009.

The OECD said China's reduced production is hitting Asia particularly hard but also companies around the world that depend on its goods.

It urged governments to act fast to prevent contagion and restore consumer confidence.

The Paris-based OECD, which advises developed economies on policy, said the impact of this virus is much higher than past outbreaks because "the global economy has become substantially more interconnected, and China plays a far greater role in global output, trade, tourism and commodity markets."

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