Sisi narrowly misses 100 % vote in Egypt’s controversial prez poll

Al Jazeera
April 3, 2018

In a result that comes as no shock to Egyptians and the rest of the world, Abdel Fattah el-Sisi has won the presidential elections with 97 percent of the votes, final results showed, securing another four-year term.

The elections were criticised as a one-man show with no credible opposition, as at least six other candidates pulled out, were prosecuted, or jailed.

Announcing the final results on Monday, Egypt's election commission said there had been a 41.5 percent turnout, lower than the 47 percent in the 2014 election.

The only other opponent who ran against el-Sisi was little-known Mousa Mostafa Mousa, who entered the race hours before the deadline and whose party had previously endorsed el-Sisi.

Preliminary results released on Thursday showed that Mousa had received just three percent of the vote, and according to The Economist, came in third place after more than one million people spoiled their ballot papers.

Some had crossed out the names of the two candidates and added the name of popular Liverpool and Egyptian national football player, Mohamed Salah, reportedly giving him twice as many votes as Mousa.

Yet the results were revised the next day to suggest that there were no spoiled ballots.

"The elections were a joke and a complete fabrication," Sarah Yerkes, a fellow at the Washington-based Carnegie Endowment for International Peace, told Al Jazeera. "They are not really a meaningful marker for the country."

'Further pain in store for Egyptians'

El-Sisi's first term in office, which he won after the military removed then-President Mohamed Morsi from power, was characterised by promises he failed to deliver on, such as eradicating "terrorism" and improving the country's economy.

Gulf countries, most notably Saudi Arabia and the United Arab Emirates, pumped billions of dollars of investments into Egypt when el-Sisi first took office, but that was paralleled by "unprecedented levels" of suppression, James Gelvin, professor of Modern Middle East History at the University of California, Los Angeles, told Al Jazeera.

"The quick infusion of cash did nothing to alleviate the Egyptian economic crisis in the long term, which is the result of poor economic planning, cronyism, and demographic explosion," he said.

The economic crisis in Egypt will be el-Sisi's priority during his second term in office, at the cost of plunging the population into further misery, Galvin said.

The professor cited a number of factors that currently afflict the economy, saying they will likely worsen, such as high unemployment rates, the curtailment of food and fuel, unprecedented income inequality, and plutocratic rule.

"In a world in which neoliberal economic policies are the sole prescription for national economies in crisis, there is only further pain in store for Egyptians," he said.

"When [former presidents] Sadat and Mubarak attempted to impose neoliberal polices, popular revolt – called IMF riots - ensued," he said.

"Under these circumstances, Sisi will undoubtedly continue the harsh repression, probably citing the threat of terrorism as the reason."

Loyalist base

The 63-year-old former commander-in-chief of the armed forces maintains a loyal base of supporters, who view him favourably as a force for stability rather than democracy.

"No one believes he is a democrat," Sarah Yerkes said. "Rather, many Egyptians are happy to sacrifice democracy if it means greater economic performance, stability, and security.

"The problem with that argument," she added, "is that Egypt's economy and security situation have both deteriorated under Sisi's authoritarian rule - not improved."

According to Gelvin, Sisi relies on continued support from the "deep state" - which includes the military, the bureaucracy and the judiciary - and its supporters.

Furthermore, the president's influence is not just contingent upon domestic support but depends on regional and international support that hinges on maintaining the status quo in the region - most notably from Saudi Arabia and the United States.

"Sisi will stay in power so long as the deep state wields the influence it does, and he continues to cow the remainder of the population," Gelvin said.

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News Network
March 4,2020

London, Mar 4: The UK government has reiterated its concern over the potential impact of the Citizenship Amendment Act (CAA) and said it is continuing to follow the events in India closely.

In response to an urgent question on “Recent Violence in India” tabled by Pakistani-origin Opposition Labour Party MP Khalid Mahmood in the House of Commons on Tuesday, UK’s Minister of State in the Foreign and Commonwealth Office (FCO) Nigel Adams said the UK engages with India at all levels, including on human rights, and also referred to the country's "proud history" of inclusive government and religious tolerance.

"The UK government also have concerns about the potential impact of the legislation (CAA),” said Adams, the Minister for Asia who was standing in for UK Foreign Secretary Dominic Raab, who is on a visit to Turkey.

"It is because of our close relationship with the government of India that we are able to discuss difficult issues with them and make clear our concerns where we have them, including on the rights of minorities. We will continue to follow events closely and to raise our concerns when we have with them,” said the minister.

While Mahmood, who had tabled the urgent question for an FCO statement, described the government response as “facile”, another Pakistani-origin MP Nusrat Ghani called on the government to relay the UK Parliament's concerns to the Indian authorities.

British Sikh Labour MP Tanmanjeet Singh Dhesi said the violence had brought back “painful personal memories” from the 1984 Sikh riots while he was studying in India and fellow Sikh MP Preet Kaur Gill also referenced 1984 in her intervention.

Other MPs sought to highlight the steps taken by the Indian authorities to restore “peace and tranquillity” in Delhi.

“He will be aware that it is not just Muslims who have been killed; Hindus have also been killed as part of the riots,” said Conservative Party MP Bob Blackman.

Scottish National Party (SNP) MP Alyn Smith sought the UK government’s intervention to share best practice around countering the online disinformation campaign being used in India to “inflame tensions”.

“We are in constant contact on these issues, and we know how important this is to Members of Parliament and their constituents, who may have family in the area,” said Adams, in his response.

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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
January 10,2020

Washington, Jan 10: It is “highly likely” that Iran shot down the civilian Ukrainian jetliner that crashed near Tehran late Tuesday, killing all 176 people on board, U.S., Canadian and British officials declared Thursday.

They said the fiery missile strike could well have been a mistake amid rocket launches and high tension throughout the region.

The crash came just a few hours after Iran launched a ballistic attack against Iraqi military bases housing U.S. troops in its violent confrontation with Washington over the U.S. drone strike that killed an Iranian Revolutionary Guard general. The airliner could have been mistaken for a threat, said four U.S. officials, speaking on condition of anonymity to discuss sensitive intelligence.

Canadian prime minister Justin Trudeau, whose country lost at least 63 citizens in the downing, said in Toronto: “We have intelligence from multiple sources including our allies and our own intelligence. The evidence indicates that the plane was shot down by an Iranian surface-to-air missile.”

Likewise, U.K. prime Minister Boris Johnson and Australian prime minister Scott Morrison offered similar statements. Morrison also said it appeared to be a mistake. “All of the intelligence as presented to us today does not suggest an intentional act,” he said.

The assessment that 176 people were killed as collateral damage in the Iranian-U.S. conflict cast a new pall over what had at first appeared to be a relatively calm aftermath following the U.S. military operation that killed Iranian Gen. Qassem Soleimani.

At the White House, U.S. president Donald Trump suggested he believed Iran was responsible for the shootdown and dismissed Iran's initial claim that it was a mechanical issue with the plane.

“Somebody could have made a mistake on the other side.” Trump said, noting the plane was flying in a “pretty rough neighborhood."

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