Anti-US fury rises over provocative film

[email protected] (Arab News)
September 16, 2012
Anti-us


Kabul, September 16: The Taleban claimed responsibility yesterday for an attack on a sprawling British base in southern Afghanistan that killed two US Marines and wounded several other troops, saying it was to avenge an anti-Islam film and also because Britain's Prince Harry is serving there.


The US-led NATO coalition said in a statement that nearly 20 insurgents armed with guns, rocket-propelled grenades and explosive vests infiltrated the perimeter of Camp Bastion. The huge British base is adjacent to Camp Leatherneck, which houses US Marine operations in southern Helmand province.


The coalition said the attack, which began shortly after 10 p.m. Friday, killed two NATO service members, wounded several others and damaged multiple aircraft and structures.


Coalition forces returned fire and killed 18 militants. One other insurgent, who was wounded, has been detained and is being given medical treatment, the coalition said. NATO service members, who cleared the base of attackers early Saturday, were still assessing the damage to aircraft and buildings on the air field.


There were few protests against the film in Afghanistan on Friday and yesterday. A few hundred of university students protested in the eastern city of Khost, shouting “Death to America” and burning an effigy of President Barack Obama.


In a separate attack, two international soldiers were shot dead by a member of the local police in southern Afghanistan yesterday, NATO said.


Hundreds of men, women and children from an Islamic group protested yesterday in Indonesia against the United States over the film.


About 500 protesters from the Hizb ut-Tahrir organization gathered in Surabaya and Malang, two cities in East Java province.


In Malang, about 120 km south, more than one hundred protesters from the group gathered in the city center, carrying banners reading “When Islam is insulted, Jihad must be the solution” and “Crush America.”
Riot police clashed with about 200 protesters at the US Consulate in Sydney yesterday as demonstrations spread to Australia.


Ten Network television news showed a policeman knocked unconscious as the mostly male crowd hurled bottles and other missiles. Many of the protesters were wearing Muslim dress.


Police used pepper spray against the protesters, who chanted “Obama, Obama, we love Osama” and waved placards saying “Behead all those who insult the Prophet.” A total of six police officers were injured, including two who were taken to a hospital. Two protesters were treated for police dog bites and 17 others for the effects of pepper spray, police said in a statement. There were no details of their condition.


Eight people were arrested on charges including assaulting police and resisting arrest. Police were unsure who organized the protest.


Prime Minister Julian Gillard said the protest was unacceptable.


Egyptian police yesterday cleared out protesters who have been clashing with security forces for the past four days near the US Embassy.


Security forces erected a concrete wall blocking the main street leading to the embassy in Cairo after finally dispersing several hundred youths who had been battling with police, trying to get to the building. They also cleared nearby Tahrir Square where protests were being held.


Meanwhile, A California man convicted of bank fraud was taken in for questioning yesterday by officers investigating possible probation violations stemming from the making of the anti-Islam film that triggered violent protests in the Muslim world.


Nakoula Basseley Nakoula, 55, voluntarily left his home in the early hours yesterday morning for the meeting in a sheriff's station in the Los Angeles suburb of Cerritos, Los Angeles County Sheriff's spokesman Steve Whitmore said.


“He will be interviewed by federal probation officers,” Whitmore said. He said Nakoula had not been placed under arrest but would not be returning home immediately. “He was never put in handcuffs... It was all voluntary.” Nakoula, who has denied involvement in the film in a phone call to his Coptic Christian bishop, was ushered out of his home and into a waiting car by several sheriff's deputies, his face shielded by a scarf, hat and sunglasses.


The US is positioning military forces so that it can respond to unrest in as many as 17 or 18 places in the Islamic world, Defense Secretary Leon Panetta announced.


“We have to be prepared in the event that these demonstrations get out of control,” Panetta told Foreign Policy magazine. He did not offer any specifics. But the magazine said that the Pentagon was discussing, but had not yet decided, whether to send a third platoon of 50 specially trained Marines to protect the US Embassy in Sudan that found itself on Friday under assault. If approved, this deployment will follow the roughly 100 Marines that already have landed in Libya and Yemen.


US President Barack Obama urged Americans yesterday not to be disheartened by images of anti-American violence in the Islamic world, expressing confidence that the ideals of freedom America stands for will ultimately prevail.


“I know the images on our televisions are disturbing,” Obama said in his weekly radio and Internet address. “But let us never forget that for every angry mob, there are millions who yearn for the freedom, and dignity, and hope that our flag represents.”


Obama assured that his administration was doing everything it could to protect Americans who were serving abroad.
“We are in contact with governments around the globe, to strengthen our cooperation, and underscore that every nation has a responsibility to help us protect our people,” he said. “We have moved forward with an effort to see that justice is done for those we lost, and we will not rest until that work is done.”


The Yemen-based branch of Al-Qaeda urged Muslims to step up protests and kill more US diplomats in Muslim countries. “Whoever comes across America's ambassadors or emissaries should follow the example of Omar Al-Mukhtar's descendants ( Libyans), who killed the American ambassador,” the group said, referring to Tuesday's attack on the US Consulate in the Libyan city of Benghazi.


Somalia's Al-Qaeda-linked Al-Shabab called on Muslims to attack the West in retaliation against the movie. “Al-Shabab mujahideen are urging people of Somalia to show their love for Islam and particularly to our Prophet Muhammad by making attacks against the West,” its spokesman Ali Mohamud Rage said by telephone, without specifying any targets.
On Friday and yesterday in Mogadishu, a handful of people staged peaceful demonstrations chanting slogans that criticized the movie “Innocence of Muslims.”


Abdullahi Sheikh Osman, a respected spiritual leader in Mogadishu, came to talk to the protesters. “Don't kill innocent people for something they have not done,” he urged Muslims. “The man who made the nasty film is the Al-Qaeda of Christians. If Muslims make havoc, then they are rewarding the crazy man,” he said.




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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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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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March 27,2020

London, Mar 27:  British Prime Minister Boris Johnson said Friday he has tested positive for the new coronavirus, but remains in charge of the U.K.'s response to the outbreak.

Johnson's office said he was tested on the advice of the chief medical officer after showing mild symptoms.

It said Johnson is self-isolating at his 10 Downing St. residence and continuing to lead the country's response to COVID-19.

In a video message, Johnson said he had a temperature and a persistent cough.

Over the last 24 hours I have developed mild symptoms and tested positive for coronavirus.

I am now self-isolating, but I will continue to lead the government’s response via video-conference as we fight this virus.

Together we will beat this. #StayHomeSaveLives pic.twitter.com/9Te6aFP0Ri

— Boris Johnson #StayHomeSaveLives (@BorisJohnson) March 27, 2020
"Be in no doubt that I can continue, thanks to the wizardry of modern technology, to communicate with all my top team, to lead the national fightback against coronavirus."

Earlier this week Britain’s Prince Charles announced that he had tested positive for the virus.

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