US politicians whip up Russia, Iran, N Korea sanctions

Agencies
July 27, 2017

Washington, Jul 27: United States House and Senate Republicans have worked out a deal to move quickly on a package of new financial sanctions against Russia, Iran and North Korea and bar President Donald Trump from easing sanctions on Moscow without Congress' approval.

Republican Senator Bob Corker, chairman of Foreign Relations Committee, said in a statement on Wednesday that he and House Majority Leader Kevin McCarthy had reached an agreement that removed the last obstacle to passing the bill. The measure hits the three US foes with additional penalties.

"I am glad to announce that we have reached an agreement that will allow us to send sanctions legislation to the president's desk," Corker said.

The House had overwhelmingly approved the legislation on Tuesday, 419-3. But Corker had objected to including the sanctions targeting Pyongyang in the legislation.

He wanted to keep the North Korea penalties in a separate bill that the Senate would consider. But Corker dropped his objections. He said the Senate will "move to approve" the House-passed bill after receiving assurances the North Korea sections would be fine-tuned at a later date.

"Going forward, the House has committed to expeditiously consider and pass enhancements to the North Korea language, which multiple members of the Senate hope to make in the very near future," he said.

Russia punished for alleged election meddling

The sanctions against Moscow are punishment for its alleged meddling in the 2016 presidential election and its military actions in Ukraine and Syria.

According to the bill, Trump would be barred from easing the Russia sanctions without first getting permission from Congress, a demand that could imperil his bid for better relations with Moscow.

A version of the sanctions legislation that only addressed Russia and Iran cleared the Senate nearly six weeks ago with 98 votes.

"Not a word of the North Korea bill has been looked at over here. Not a word," Corker told reporters earlier on Wednesday as he explained his concerns.

But House politicians fired back, noting that the House had decisively passed a North Korea-only sanctions bill in May, yet the Senate never took that bill up.

They added that it's all the more important to push ahead with the North Korea sanctions following a report that US intelligence officials believe Pyongyang will have a reliable, intercontinental missile capable of carrying a nuclear weapon as early as next year.

"That is why the House added the previously House-passed North Korea sanctions bill - which has been languishing in the Senate for over two months - to the Senate bill," said Matt Sparks, a spokesman for McCarthy.

Senator Ben Cardin of Maryland, the top Democrat on the Foreign Relations Committee, said he and other Democrats had no objections to making the North Korea sanctions part of the overall package.

"There's nothing in the bill that I find problematic," he said. "I hope we pass it the way it is."

Russia, EU react

Earlier on Wednesday, Russia warned it was edging closer to retaliation against Washington after the House of Representatives backed new US sanctions on Moscow.

"This is rather sad news from the point of view of Russia-US ties," said Dmitry Peskov, a Kremlin spokesman. "We are talking about an extremely unfriendly act."

He said President Vladimir Putin would decide if and how Moscow would retaliate once the sanctions became law.

Russia's deputy foreign minister warned the move was taking bilateral relations into uncharted waters, killing off hopes of improving them in the near future.

Meanwhile, new sanctions against Russia could harm German companies and add another difficulty to Berlin's relationship with Washington, German economy minister Brigitte Zypries said on Thursday.

"The US has left the common line it had with Europe for sanctions against Russia," Zypries told ARD television, adding that by not coordinating with Europe on the matter, there was a risk that German companies would be harmed.

German business leaders warn that new sanctions passed last week by the US House of Representatives could prevent German companies from working on pipeline projects that they say are essential to Germany's energy security.

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Agencies
August 7,2020

Colombo, Aug 7: Sri Lankan President Gotabaya Rajapaksa's party and its allies won an overwhelming two-thirds majority in a parliament election, results showed on Friday, giving him the power to enact sweeping changes to the constitution.

The governing Sri Lanka Podujana Peramuna and its allies had won 150 seats in the 225-member parliament, according to the tally published by the election commission from Wednesday's vote.

Rajapaksa had sought a two-thirds majority in parliament to be able to restore full executive powers to the presidency, which he says are necessary to implement his agenda to make the tiny island economically and militarily secure.

He is likely to install his older brother and former President Mahinda Rajapaksa as the next prime minister. The brothers are best known for crushing the Tamil Tiger rebels fighting for a separate homeland for minority Tamils during the elder Rajapaksa's presidency in 2009.

On a congratulatory phone call from Prime Minister Narendra Modi of India, which is keen to check Chinese influence on its southern neighbour, Mahinda Rajapaksa vowed to deepen ties between the two countries.

"With the strong support of the people of Sri Lanka, I look forward to working with you closely to further enhance the long-standing cooperation between our two countries," he told Modi. "Sri Lanka and India are friends and relations."

The tourism-dependent nation of 21 million people has been struggling economically since deadly Islamist militant attacks on hotels and churches last year followed by lockdowns to slow the spread of the coronavirus. 

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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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News Network
June 25,2020

London, Jun 25: British Prime Minister Boris Johnson has called on India and China to engage in dialogue to sort out their border issues as he described the escalation in eastern Ladakh as "a very serious and worrying situation" which the UK is closely monitoring.

The first official statement of Mr Johnson came during his weekly Prime Minister's Questions (PMQs) in the House of Commons on Wednesday.

Responding to Conservative Party MP Flick Drummond on the implications for British interests of a dispute between a "Commonwealth member and the world's largest democracy on the one side, and a state that challenges our notion of democracy on the other," he described the escalation in eastern Ladakh as "a very serious and worrying situation", which the UK is "monitoring closely".

"Perhaps the best thing I can say... is that we are encouraging both parties to engage in dialogue on the issues on the border and sort it out between them," the Prime Minister said.

In a statement in New Delhi on Wednesday, the Ministry of External Affairs (MEA) said India and China have agreed that expeditious implementation of the previously agreed understanding on disengagement of troops from standoff points in eastern Ladakh would help ensure peace and tranquillity in the border areas.

During the diplomatic talks between India and China, the situation in the region was discussed in detail and the Indian side conveyed its concerns over the violent face-off in Galwan Valley on June 15. Twenty Indian Army personnel were killed in the clash. There were reports of several casualties for the Chinese army too, but China hasn't declared any official number yet.

The talks were held in the midst of escalating tension between the two countries following the violent clashes in Galwan Valley on June 15.

The Indian and Chinese armies are engaged in the standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh. A sizable number of Chinese Army personnel even transgressed into the Indian side of the Line of Actual Control in several areas including Pangong Tso.

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