Trump's message to Muslim world: Drive out terrorists

May 20, 2017

Washington, May 20: President Donald Trump will use his first visit to the Middle East to call for unity in the fight against radicalism in the Muslim world, casting the challenge as a "battle between good and evil" and urging Arab leaders to "drive out the terrorists from your places of worship," according to a draft of the speech obtained by The news agency.

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Abandoning some of the harsh anti-Muslim rhetoric of his presidential campaign, the draft of the speech, slated to be delivered in Saudi Arabia on Sunday, envisions new partnerships with America's traditional allies in the Middle East. It notably refrains from mentioning democracy and human rights — topics Arab leaders often view as US moralizing — in favor of the more limited goals of peace and stability.

"We are not here to lecture — to tell other peoples how to live, what to do or who to be. We are here instead to offer partnership in building a better future for us all," the document said.

Trump left Washington Friday afternoon for Riyadh, the first stop on his maiden trip overseas trip as president. The marathon trip will also take him to Israel, the Vatican, Belgium and Italy. The trip is a key test of the president's diplomatic skills and a chance to add substance to a foreign policy he has described broadly as "America First."

Two different sources provided the AP with copies of the draft of his remarks, billed as a marquee speech of the trip. One version, obtained late Thursday, included edits with comments from an administration official, indicating it was still a work in progress.

The White House confirmed the draft was authentic, but cautioned the president had not yet signed off on the final product.

"The president has not seen this draft," White House spokesman Sean Spicer said. "This is one of five drafts that have been written by various people. He continues to take input and is writing a final version."

Trump's campaign was marked by his anti-Islamic rhetoric and his administration has twice tried to impose a travel ban on several Muslim-majority countries. "I think Islam hates us," he said at one point.

The draft of the speech includes no mention of "radical Islamic terrorism" — a phrase that candidate Trump regularly criticized opponent Hillary Clinton and President Barack Obama for shying away from. His speech calls terrorism a widespread problem plaguing everyone who loves peace.

He positions himself as an "emissary for the American people, to deliver a message of friendship and hope," according to the draft.

"This is not a battle between different faiths, different sects or different civilizations. This is a battle between those who seek to obliterate human life and those who seek to protect it," the text reads. "This is a battle between good and evil."

Trump may seem an unlikely messenger to deliver an olive branch to the Muslim world.

Only a week after taking office, he signed an executive order to ban immigrants from seven countries — Iraq, Iran, Syria, Sudan, Libya, Somalia, and Yemen — from entering the United States, a decision that sparked widespread protests at the nation's airports and demonstrations outside the White House. That ban was blocked in federal court, prompting the administration to sign a second one.

The second version, which dropped Iraq from the list, is also blocked in court, though Trump has said the measure is needed for the nation's security. As a campaigner, he called for a "total and complete shutdown" of the entry of Muslims to the United States "until our country's representatives can figure out what the hell is going on," insisting that a sizable segment of the Muslim population has "great hatred toward Americans."

His Saudi speech is aimed at the nations represented at an Arab and Muslim leaders' summit.

Trump intends to condemn Syria's President Bashar Assad for committing "unspeakable crimes against humanity" and Iran for contributing to spiraling violence in Syria.

"All nations of conscience in the Middle East must work together to roll back Iran's destabilizing influence, restore a more stable balance of power in the region, and pray for the day when the Iranian people have the just and responsible government they deserve," the draft reads.

Iran and Syria were not invited to the summit, and they are not part of a regional military alliance that Saudi Arabia is establishing to fight terrorism. The kingdom backs efforts to topple the Syrian government, which counts Iran and Russia as its closest allies.

White House officials have said they consider Trump's visit, and his keynote address, a counterweight to President Obama's debut speech to the Muslim world in 2009 in Cairo.

Obama called for understanding and acknowledged some of America's missteps in the region. That speech was denounced by many Republicans and criticized by a number of the United States' Middle East allies, including Israel, as being a sort of apology. Obama aides have continued to defend it.

Administration officials believe Trump's decision to begin his trip in Saudi Arabia sends a powerful message to the kingdom: the strained ties that marked US-Saudi relations under Obama are over.

Unlike the Obama administration, which distanced itself from authoritarian leaders and took a moral stance against the human rights violations that in many cases fueled resentment and extremism, Trump is focusing on deal-making. Only in the case of Iran does his speech advocate for the "longest-suffering" people who are subject "to their leaders' reckless attempts to dominate their neighbors."

By contrast, Trump hails America's friendship with Saudi Arabia, which "stretches back many decades, and covers numerous dimensions." It is a markedly different message from his campaign tweet that said "Saudi Arabia and many of the countries that gave vast amounts of money to the Clinton Foundation want women as slaves and to kill gays."

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Agencies
February 12,2020

London, Feb 12: Fugitive liquor baron Vijay Mallya returned to the courtroom here on Wednesday, the second day of hearing at the UK High Court, where the former billionaire has appealed against the extradition decision of Westminster Magistrates Court in December 2018.

On being asked about his expectations from the lengthy appeals process against the extradition order as today is the last day for Mallya to present his defence, the embattled former Kingfisher Airlines boss replied, "I have no clue. You see. I'll also see it. Let's not get into a speculative game."

When asked on what would happen if Mallya loses the case and has to return to India, the liquor baron responded: "We do have arguments."

The UK High Court, on Tuesday, had also heard Mallya's appeal against the Westminster Magistrates' Court order extraditing him to India to face alleged fraud and money laundering charges amounting to Rs 9,000 crore.

Mallya was present in the court along with his counsel Clare Montgomery during the hearing. Officials from Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) along with counsel Mark Summers representing the Indian government were also present.

When the judge asked if there was a timeline in the case, Clare said," This is a very dense case," involving multiple individuals and organisations and that not everything had been taken into account by the magistrate Emma Arbuthnot in her ruling against Mallya.

Montgomery contended that the magistrate's ruling had been riddled with "multiple errors". She also brought into question the admissibility of documents submitted by the Indian government - including witness statements and emails that proved crucial in the ruling by judge Arbuthnot, who found "clear evidence of misapplication of loan funds" and that there was a prima facie case of fraud against Mallya.

As she had done throughout the trial, Montgomery continued to assert that Mallya had not acted in a fraudulent manner or run a pyramid and that the collapse of Kingfisher Airlines was, in fact, the failure of a business in difficult economic circumstances.

She also reiterated concerns about the conduct of the Central Bureau of Investigation (CBI) in bringing charges against Mallya, claiming that the tycoon had been made a scapegoat.

Montgomery also stated that the Indian government had presented the loan taken out by Kingfisher Airlines, not as a simple business loan but was part of a larger and elaborate attempt at defrauding the banks by Mallya and Kingfisher Airlines management.

This, Montgomery contended, was but one example of a wider misinterpretation of the case by judge Arbuthnot.

The High Court justices reprimanded Montgomery for concentrating on the evidence - in essence rehashing the case presented at the lower court - rather than the apparent "mistakes" made by judge Arbuthnot in her ruling.

Mallya remains on bail of £650,000 as he has done throughout this legal process.

The Crown Prosecution Service which is representing the Government of India will present its case for the extradition of Mallya on Wednesday.

The 63-year-old businessman fled India in March 2016 and has been living in the UK since then.

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News Network
June 15,2020

Dubai, Jun 15: The global tally of Covid-19 coronavirus infections crossed the 8 million mark on Monday, with recoveries at 4.13 million, and deaths at nearly 436,000.

As of 11.40am UAE time, there were 3.43 active Covid-19 cases globally, of which 54,460 were serious or critical.

The United States still leads the charts with 2.16 million cases and 117,858 deaths. Behind US, at a distant No 2, is Brazil with 867,882 cases and 43,389 deaths.

Russia, India, the UK, Spain, Italy, Peru, Germany and Iran complete the top 10.

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Agencies
July 3,2020

The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock.

Despite fears a surge in new Covid-19 cases would delay economies reopening and stymie a tentative recovery, world stocks have rallied - with the S&P 500 finishing higher in June, marking its biggest quarterly percentage gain since the height of the technology boom in 1998.

Caught between bets in favour of riskier investments, weak U.S. economic prospects as well as an easing in the thirst for dollars after the Federal Reserve flooded markets with liquidity, the greenback fell nearly 1.0 per cent last month. It was its worst monthly performance since December.

While there was a dire prognosis from the top U.S. medical expert on the coronavirus' spread, the June 25-July 1 poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain.

"The dollar rises in two instances: when you see risk off or when there is a situation where the U.S. is leading the global recovery, and we don't think that's going to be the case anytime soon," said Gavin Friend, senior FX strategist at NAB Group in London.

"The U.S. is playing fast and loose with the virus, and chronologically they're behind the rest of the world."

Currency speculators, who had built up trades against the dollar to the highest in two years during May, increased their out-of-favour dollar bets further last week, the latest positioning data showed.

About 80 per cent of analysts, 53 of 66, said the likely path for the dollar over the next six months was to trade around current levels, alternating between slight gains and losses in a range. That suggests the greenback may be at a crucial crossroad as more currency strategists have turned bearish.

But more than 90 per cent, or 63 of 68, said a second shock from the pandemic would push the dollar higher. Five said it would push the U.S. currency lower.

Much will also depend on debt servicing and repayments by Asian, European and other international borrowers in U.S. dollars.

While an early shortage of dollars in March from the pandemic's first shock pushed the Fed to open currency swap lines with major central banks, international funding strains have eased significantly since. In recent weeks, usage of the facility has reduced dramatically.

That trend is expected to continue over the next six months with major central banks' usage of swap lines to "stay around current levels", according to 32 of 46 analysts. While 13 predicted a sharp drop, only one respondent said use of them would "rise sharply".

The dollar index, which measures the greenback's strength against six other major currencies, has slipped over 5 per cent since touching a more than three-year high in March.

When asked which currencies would perform better against the dollar by end-December, a touch over half of 49 respondents said major developed market ones, with the remaining almost split between commodity-linked and emerging market currencies.

"The dollar is so overvalued, and has been overvalued for a long time, it's time now for it to come back down again, as we head towards the (U.S.) election," added NAB's Friend.

Over the last quarter, the euro has staged a 1.8 per cent comeback after falling by a similar margin during the first three months of the year. For the month of June, the euro was up 1.2 per cent against the dollar.

The single currency was now expected to gain about 2.5 per cent to trade at $1.15 in a year from around $1.12 on Wednesday, slightly stronger than $1.14 predicted last month. While those findings are similar to what analysts have been predicting for nearly two years, there was a clear shift in their outlook for the euro, with the range of forecasts showing higher highs and higher lows from last month.

"In comparison to even a month or two ago, the outlook in Europe has improved significantly," said Lee Hardman, currency strategist at MUFG.

"I think that makes the euro look relatively more attractive and cheap against the likes of the dollar. We're not arguing strongly for the euro to surge higher, we're just saying, after the weakness we have seen in recent years, there is the potential for that weakness to start to reverse."

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