Disney to Buy Fox Film, TV Businesses for $52 Billion

Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com.

Under the terms of the all-stock deal, Disney acquires significant assets from Fox, including the studios that produce the blockbuster Marvel superhero pictures and the “Avatar” franchise, as well as hit TV shows such as “The Simpsons”.

Fox shareholders will receive 0.2745 Disney shares for each share held. This translates to a value of $29.50 per share for the assets that Disney is buying, Reuters calculations based on Disney’s Wednesday market closing price show.

Immediately prior to the acquisition, Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off to its shareholders.

The deal ends more than half a century of expansion by Murdoch, 86, who turned a single Australian newspaper he inherited from his father at the age of 21 into one of the world’s most important global news and film conglomerates.

Disney Chief Executive Bob Iger, 66, will extend his tenure through the end of 2021 to oversee the integration of the Fox businesses. He has already postponed his retirement from Disney three times, saying in March he was committed to leaving the company in July 2019.

Disney will also assume about $13.7 billion of Fox’s net debt in the deal.

Through Fox’s stake in the Hulu video streaming service, Disney will assume majority control of one of Netflix Inc’s main competitors. Hulu is also partially owned by Comcast Corp and Time Warner Inc.

Shares in both Disney and Fox were up nearly 1 percent in premarket trading.

Brexit Talks Due to Get Green Light to Move on to Trade

The European Union’s leaders are due to say Friday that the Brexit talks with Britain can move on to the next phase to include the key topic of trade, according to a draft statement seen by The Associated Press.

 

The progress comes after the sides reached a deal on the preliminary divorce issues, such as the status of Britain’s physical border with EU member Ireland. The EU had long said it wanted a deal on Britain’s exit terms before broadening the talks to include the subject of future relations.

 

British Prime Minister Theresa May will address EU leaders at a two-day summit on Thursday evening and welcome progress in the Brexit talks. But she is not expected to remain in Brussels on Friday when the leaders give the green light to broaden the negotiations.

 

The draft statement says that progress made in Brexit talks “is sufficient to move to the second phase” to discuss future relations and trade.

 

In the statement, which could be modified before Friday, the leaders emphasize the importance of organizing a transition period, probably of around two years, to ease Britain out of the EU from 2019.

 

That would buy time for all sides. Britain will leave the EU on March 29, 2019 but the Brexit negotiations must be wrapped up by the fall of 2018 to leave time for individual EU parliaments to endorse any agreement.

 

During a transition period, Britain will have no seat at the EU’s table, no lawmakers in the European Parliament, and no judges in the bloc’s courts. But it will still be bound by European law, without having any say in decision-making, and the European Court of Justice will remain the final arbiter of any disputes.

 

Britain during this period “will no longer participate in or nominate or elect members of the EU institutions, nor participate in the decision-making of the Union bodies, offices and agencies,” the draft statement says.

 

Ahead of the summit, Britain’s chief Brexit negotiator said Thursday that a situation in which the U.K. crashes out of the EU without a deal has become “massively less probable” because of a preliminary agreement reached last week.

 

Brexit Secretary David Davis told lawmakers that a “no-deal” Brexit was now extremely unlikely, although “we continue to prepare for all outcomes.”

 

The British government is hailing progress in Brussels, but faces trouble at home over Brexit. Late on Wednesday, lawmakers won a House of Commons vote giving Parliament the final say on any deal with the EU.

 

 

Putin Rejects Allegations of Russian Meddling in US Election

Russian President Vladimir Putin on Thursday rejected allegations of Russian interference in last year’s U.S. presidential election and said opponents of U.S. President Donald Trump spread the accusations to undermine his legitimacy.

Speaking at his annual marathon news conference in Moscow, Putin expressed hope that U.S.-Russia relations will normalize.

U.S. intelligence agencies have concluded Putin ordered a campaign meant to influence the U.S. vote with a preference for Trump to defeat former Secretary of State Hillary Clinton.Trump has said his campaign did not collude with Russia.

Putin said Thursday that Russia is worried about the United States pulling out of arms control agreements, while his country will continue to abide by the pacts.He also said Russia’s military will develop as it needs to without getting into an arms race with the United States.

On North Korea, Putin said a use of force by the United States would have “catastrophic consequences.”He said Russia does not accept North Korea’s nuclear status and blamed the United States for provoking North Korea to develop its nuclear program.

A week after the International Olympic Committee ruled Russian athletes cannot compete under the country’s flag at the upcoming Winter Olympics in Pyeongchang, South Korea, Putin said the ban is politically motivated.

The Russian leader told reporters the country should have a more competitive political system and that when he runs for re-election next year he will do so as an independent candidate instead of under the United Russia party.

Putin has served as either prime minister or president of Russia since 1999 and announced last week his plan to run for re-election for a term that would run through 2024.He is widely expected to win.

He said the government needs to focus on health care, education and infrastructure development.He said opposition parties lack a strong candidate to go against him in the elections.

Opponents have accused Putin of using law enforcement and the judicial system to stymie rivals.

Landmine Report Cites Rare New Uses But Continued High Casualties

An international landmine watchdog says new uses of the weapon are “extremely rare” but that fighting in Afghanistan, Libya, Ukraine and Yemen has led to a second consecutive year of high casualties.

The International Campaign to Ban Landmines said in an annual report Thursday there were 8,605 casualties, including 2,089 deaths, from mines in 2016. That includes improvised explosive devices and unexploded ordnance that are triggered like mines.

Of those casualties, 78 percent were civilians, and the total included the most child casualties ever recorded. They took place in 52 countries.

“A few intense conflicts, where utter disregard for civilian safety persists, have resulted in very high numbers of mine casualties for the second year in a row,” said Loren Persi, casualties and victim assistance editor of Landmine Monitor. “This shows the need for all countries to join the Mine Ban Treaty and for increased levels of assistance to mine victims.”

​1999 international treaty

Under a 1999 international treaty, countries agree to not use or produce antipersonnel mines, to destroy their existing stockpiles, provide assistance to mine victims and clear their territory of mines within 10 years of joining the pact.

On Wednesday, the ICBL welcomed Sri Lanka as the 163rd country to be fully bound by the treaty and said it hopes others in the region will join as well.

Thursday’s report said Myanmar and Syria had the only government forces that actively planted mines during the past year. Neither is a party to the mine ban treaty.

The report cites 61 states and areas contaminated with mines as of November, and while 33 of those are a part of the treaty, only Chile, Mauritania, Peru and the Democratic Republic of Congo are on track to meet their deadline for clearing territory of mines.

Algeria and Mozambique completed their clearing operations during 2017. Worldwide, the report says a total of 170 square kilometers was cleared during 2016, and the vast majority of that work took place in Afghanistan, Croatia, Iraq and Cambodia.

Much work yet to be done

Still, large areas of mine contamination are believed to exist in a number of countries. Those include Afghanistan, Angola, Azerbaijan, Bosnia and Herzegovina, Cambodia, Chad, Croatia, Iraq, Thailand and Turkey.

International efforts linked to the treaty also extend to assisting victims, educating people about the risks of mines, destroying stockpiles and monitoring mine use. The report says monetary contributions rose sharply in 2016 to $480 million to support that work.

Sweet Victory: French Candymakers Win China Legal War

Revenge is sweet for the makers of France’s traditional “calisson” candies, who have won a months-long legal battle with a businessman who trademarked the product’s name in China.

The lozenge-shaped sweets, made of a mixture of candied fruit and ground almonds topped with icing, are widely enjoyed in France’s southern Aix-en-Provence region.

Their makers were none too pleased when Chinese entrepreneur Ye Chunlin spotted a sweet opportunity in 2015 to register the “Calisson d’Aix” name for use at home, as well as its Mandarin equivalent, “kalisong”.

The trademark was set to be valid until 2026, sparking angst among Provence’s sweetmakers who worried Ye’s move could have barred them from entering the huge Chinese market.

But China’s copyright office rejected Ye’s claim to the brand name in a decision seen by AFP on Wednesday, which said his request to use the label “could confuse consumers on the origin of the products”.

Laure Pierrisnard, head of the union of calisson makers in Aix, hailed the news as “a real victory”.

The union has fought the case for months in the name of 12 sweetmakers, accusing Ye of “opportunism.”

It is not uncommon for Western brands to try to crack the Chinese market only to find that their name or trademark has been registered by a local company.

An enterprising Chinese businessman in 2007 registered the brand name “IPHONE” for use in leather products, to the great displeasure of Apple, which lost a court case against him.

The courts similarly backed a Chinese company that wanted to use the name of sneaker brand New Balance.

Ye, who is from the eastern province of Zhejiang, did not respond to the French sweetmakers’ objections to Chinese authorities.

But he insisted in late 2016 that he acted in good faith, telling AFP he was “a salesman who does business within the rules.”

As far as French producers are aware, calissons have never rolled off a factory line in China.

Some makers, dreaming of the international success enjoyed by their rival the macaron, are seeking to expand abroad, including to the enticing Chinese market.

The Roy Rene chain – owned by Olivier Baussan, the entrepreneur behind Province’s best known brand internationally, L’Occitane cosmetics — has stores in Miami and Canada, and is eyeing Dubai.

The company says it has been contacted by several investors over the course of the Chinese court case seeking to bring the sweets to China.

The affair has also re-energized makers of the dainty candies in their bid for special European status as a product that comes specifically from Provence.

Beijing has already recognized the status of 10 such European foods, including France’s Comte and Roquefort cheeses and Italy’s Parma ham, as well as 45 different wines from Bordeaux.

Aix-en-Provence produces about 800 tons of calissons every year.

 

With Unity in Peril, EU Leaders Tackle Refugee Quotas

European Union leaders will grapple Thursday with one of the most divisive issues ever to face the 28-nation bloc; how to collectively share responsibility for the tens of thousands of people arriving on Europe’s southern shores in search of a better life.

Ahead of an EU summit in Brussels, fresh tensions have surfaced over the perceived need for national refugee quotas. So far, solidarity with front-line nations Greece and Italy, where the refugees land, has been limited. A mandatory quota scheme was opposed mainly by eastern European nations — the Czech Republic, Hungary, Poland and Slovakia.

For Europe, the political crisis over migrants is existential, despite the fact that migrant arrivals have dropped dramatically this year.

As hundreds of thousands of Syrian refugees trekked northward from Greece in 2015, some EU nations erected fences, launched police crackdowns and closed borders, forcing migrants onto their neighbors. ID checks were reintroduced in parts of Europe’s passport-free travel area, hampering trade, business and tourism.

That fueled anti-immigrant parties and the far-right made significant political inroads.

“The migration crisis was a kind of character test for the EU,” Roderick Parkes, senior analyst at the EU’s Institute for Security Studies, wrote Wednesday.

It has tested the EU’s “capacity to lead in the field of refugee reception, to seize the economic opportunities of immigration and to share the burden borne by Turkey, Lebanon or Kenya by resettling refugees. And the EU failed the test, on all counts,” he wrote.

At the center of Europe’s migrant malaise are refugee quotas. In response to the arrival of more than 1 million migrants in 2015, EU nations voted by a large majority to share 160,000 of those fleeing conflict or persecution to help ease the burden on overwhelmed Greece and Italy.

Hungary challenged the quotas at Europe’s top court but lost.

In an effort to clear the air, EU Council President Donald Tusk, who will chair the two-day summit in Brussels, has put the issue at the top of the agenda. But in branding the scheme ineffective, he has angered Europe’s top migration official and lawmakers involved in drawing it up.

“The issue of mandatory quotas has proven to be highly divisive and the approach has received disproportionate attention in light of its impact on the ground; in this sense it has turned out to be ineffective,” Tusk wrote to the EU leaders.

But EU Migration Commissioner Dimitris Avramopoulos slammed the note as “unacceptable. It is anti-European and it denies, it ignores, all the work we have done during the past years.”

“This paper is undermining one of the main pillars of the European project; the principle of solidarity. Europe without solidarity cannot exist,” he said. “It is a duty — moral and legal — to protect refugees.”

Greens lawmaker Ska Keller said “Tusk is undermining the prospects of a solidarity-based refugee policy in Europe” and that “without a fair redistribution of refugees, European asylum policy will remain vulnerable to crisis.”

The European Commission says 32,000 people from the asylum scheme have found homes. But that figure — less than a quarter of the original target — masks the legal challenges, abuses and suffering as thousands of migrants and refugees have languished in the Greek islands.

The main reason for the drop in migrant numbers is the EU’s agreement with Turkey, which saw the bloc mobilize its financial might to convince Ankara to stop Syrian refugees from crossing the sea to nearby Greece and to take back thousands already there.

Spurred by that success, the EU is leveraging its considerable development aid as it draws up other outsourcing arrangements, mostly with Libya’s poor neighbors to stop Africans unlikely to qualify for asylum from heading there to take treacherous sea journeys to Italy.

Tusk wants Thursday’s summit discussions to promote mutual understanding about the migration challenges that the EU’s neighbors face. He also wants the leaders to endorse plans to make migration a part of the EU’s long-term budget, rather than rely on ad-hoc contributions.

No concrete decisions will be made Thursday. The future of mandatory refugee quotas for nations should be made clearer next June.

“It is important to look at what has — and what has not — worked over the past two years, and draw the necessary lessons,” Tusk wrote. “The migration challenge is here to stay.”

UN Court to Hear Appeal in Serbian Lawmaker’s Acquittal

A prosecutor urged United Nations judges Wednesday to overturn the acquittals of a prominent Serbian ultranationalist on atrocity charges, saying that failure to do so would inflict lasting damage to the legacy of a groundbreaking war crimes tribunal.

Prosecutor Mathias Marcussen told a five-judge appeals panel that the 2016 acquittals of Vojislav Seselj on nine war crimes and crimes against humanity charges were so deeply flawed that they must be reversed or a new trial ordered.

“Justice has not been done,” Marcussen said. He argued that the three-judge trial bench that found Seselj not guilty at the end of his marathon trial at the International Criminal Tribunal for the former Yugoslavia made critical errors of fact and law and failed to properly evaluate all the evidence.

At trial, prosecutors accused Seselj of crimes including persecution, murder and torture and demanded a 28-year sentence for his support of Serb paramilitaries during the region’s bitter, bloody wars in the early 1990s. Prosecutors argue that Seselj’s actions were part of a plan to drive Croats and Muslims out of large areas of Croatia and Bosnia that leaders in Belgrade considered Serb territory.

Marcussen said that allowing Seselj’s acquittals to stand would be “not only an affront to the victims of the alleged crimes, it would also seriously undermine the credibility” of the tribunal and the institution called the Mechanism for International Criminal Tribunals which has been established to deal with appeals and other legal issues left pending when ad hoc tribunals like the Yugoslav court close their doors for good.

A tribunal that prosecuted cases arising from Rwanda’s genocide has already closed and the Yugoslav tribunal formally shuts down at the end of December. Seselj’s appeal is being handled by the new mechanism.

Seselj, who is a Serbian lawmaker, did not attend Wednesday’s hearing. Judges gave him 10 days to respond in writing after he receives a transcript of the hearing in his native language.

Trial judges acquitted Seselj in a majority decision, saying there was insufficient evidence linking him to crimes. One of the three judges dissented, saying the acquittals ignored international law and the tribunal’s own jurisprudence.

Among the trial chamber’s most controversial findings was that operations in which non-Serbs were bussed out of territory were a “humanitarian mission” and not illegal deportations.

Marcussen called the finding, “an insult to the victims and witnesses who testified” at trial.

Presiding Judge Theodor Meron said the appeals panel would issue a ruling, “in due course.”

War-scarred Neighborhoods Dot Ukraine’s Rebel-held Donetsk

Ruined houses, shell craters and deserted streets — this is a typical scene in the Oktyabrsky district of Donetsk, the largest city of Ukraine’s pro-Russian rebel region that bears the same name.

The self-styled Donetsk and next-door Luhansk “people’s republics” broke away from central rule in 2014 after months of violent street protests in Kyiv toppled Ukraine’s Moscow-leaning president and propelled pro-Western nationalists to power.

In this calm suburb of Donetsk, many people stood aloof of politics. But then fierce clashes broke out between Ukrainian government troops and pro-Russian separatists for control over the nearby Donetsk Airport.

A glistening air hub of steel and glass, specially built for the UEFA Euro 2012 soccer tournament, for which Donetsk was a venue, the local airport was leveled to the ground, and many of the buildings in Oktyabrsky shared its fate.

Restored water and electricity supplies to local homes, with some households enjoying even gas supplies and heating, give a slight relief to some of the lucky locals as winter cold starts to bite.

“I try to keep away from politics. I only care about my family,” said Marina, 30. The woman, her husband and three children, one of whom is seriously ill, lost their house in 2014 when an artillery shell hit it.

“With no money, we were left in the street, with absolutely nothing. Everything burned, nothing was left … even spoons and forks were gone,” she said.

Her family changed several apartments, moving from one friend to another, before deciding that they would restore their house, using the bricks that had remained intact to build new walls. But they fast ran out of cash to buy construction materials.

Gunshots, explosions

The fragile cease-fire agreed upon in 2015 is often shattered by outbursts of gunfire and explosions of shells.

More than 8,000 private homes and more than 2,000 apartment houses were badly damaged in Donetsk, according to data provided by its administration. Most of these homes are uninhabitable and cannot be rebuilt.

Sixty-four temporary shelters for those who lost their homes in the war have been organized in various parts of Donetsk, a city of about 1 million residents.

Sometimes, student hostels accommodate the homeless. They include Alexandra Nikolayevna, 68, who survives with her several grandchildren at “University Hostel No. 4” mainly because of handouts of humanitarian aid.

The fourth year of this ordeal has failed to shatter her political views. “We must be only with Russia, we only hope for [Russian President Vladimir] Putin to take us under his wing,” she said. “Anyway, everyone says it’s Russian land.”

The feeling of relative normalcy that prevails in most parts of Donetsk, dissipates when you realize the city center is just slightly more than 10 kilometers (6.3 miles) from the front line.

The war is felt in the volatile rates of several currencies circulating in the city, in low wages, and in the poor quality of local food.

And it is felt in the families who lost loved ones in the war that has claimed more than 10,000 lives so far.

Russia’s Olympic Committee to Support its Neutral Athletes at Winter Games

Russia’s Olympic Committee agreed on Tuesday to support its athletes who choose to compete in next year’s Winter Games in South Korea as neutrals following a ban on the Russian national team.

The International Olympic Committee (IOC) last week banned Russia from the Games, due to take place in Pyeongchang in February, for what it called “unprecedented systematic manipulation” of the anti-doping system.

But it left the door open for Russian athletes with a clean history of non-doping to be invited to compete as neutrals under an Olympic flag, not a Russian one.

President Vladimir Putin said last week Russia would not prevent its athletes from competing, dismissing calls by some for a boycott, and a Russian Olympic official said on Monday most Russian athletes still wanted to attend.

The Russian committee (ROC) agreed on its position at a meeting on Tuesday attended by sporting figures including the national men’s hockey team, figure skaters, speed skaters and the presidents of winter sports federations.

“All the participants were of the same opinion — our sportsmen need to go to Korea, need to compete, achieve victory for the glory of Russia, for the glory of our motherland,” ROC President Alexander Zhukov said.

Zhukov said Russia would do its best to support Russian athletes competing under a neutral flag and hold serious talks with the IOC in the near future to discuss the problems and practicalities of the arrangement.

He did not say what form this support would take.

“Russian sportsmen have stated their readiness to take part in the Olympic Games, despite the difficult conditions and decision of the IOC, which is undoubtedly unfair in many ways,” he said.

Zhukov added that Russia would also support the athletes who had decided not to compete in Pyeongchang.

Senior Russian Olympic official Vitaly Smirnov, who heads Russia’s state-backed anti-doping commission, said the country had made the “right decision” not to boycott.

“A boycott is not a solution,” Smirnov said. “That [would mean] new sanctions and problems for our athletes.”

In recent weeks, more than 30 Russian athletes who competed at the 2014 Sochi Games have been banned for life from the Olympics for allegedly breaching anti-doping rules.

And the IOC slapped lifetime bans on six Russian female ice hockey players a few hours after the Russian announcement Tuesday.

Russian authorities have vehemently denied any state support for doping and have pledged to cooperate with international sports bodies to counter the use of banned performance-enhancing drugs.

Russia’s athletics federation, paralympic committee and anti-doping agency RUSADA remain suspended over doping scandals.

‘Olympic Athlete from Russia’

Sitting in the front row of the Russian Olympic Committee auditorium ahead of the meeting, hockey star Ilya Kovalchuk said he would not mind competing at the Games as an “Olympic Athlete from Russia,” the term the IOC uses to designate the Russians who will go to Pyeongchang.

“We are athletes from Russia, after all,” Kovalchuk told reporters. “They took the flag away but they can’t take away our honor and our conscience.”

Kovalchuk, one of the first to call for athletes to compete in Pyeongchang after the IOC ban, thanked authorities for taking the opinions of athletes into consideration.

“Thank you for having heard us, for having believed us,” Kovalchuk said. “I think that every athlete who takes part in the Olympic Games in Pyeonchang will do everything possible.”

Olympic fencer Sofya Velikaya, chair of the ROC’s athletes commission, called on the Russian public to respect athletes’ decisions to go to Pyeongchang amid concerns that some could be branded traitors for agreeing to compete without the country’s flag.

“The athletes will show their love for their motherland and their patriotism through their results, through their accomplishments and medals,” Velikaya said.

Filipino Houses From Debris, Californian Fruit Pickers’ Homes Win Major Award

A project in the Philippines that used debris to rebuild typhoon-ravaged houses and Californian homes providing year-round housing for migrant workers won one of the world’s most prestigious housing awards on Tuesday.

The development charity CARE used innovative techniques, such as teaching building skills to residents and using wreckage from destroyed homes, to rehouse more than 15,000 Filipino families devastated in 2013 by Typhoon Haiyan.

“This is the first time self-recovery has been used on such a large scale,” said David Ireland, director of British charity World Habitat, which co-hosts the World Habitat Awards together with the United Nations (U.N.) settlement program, UN-Habitat.

“It has helped more people, more quickly, than traditional disaster recovery programs. The potential of this approach to be used elsewhere is absolutely huge.”

The winners of the competition, which was established in 1985, received 10,000 pounds and opportunities to share their ideas around the world.

The second winner was Mutual Housing, a not-for-profit affordable housing developer in Yolo County in northern California, which built the first permanent year-round homes for seasonal fruit and vegetable pickers.

Tens of thousands of workers are brought in from Central America at harvest time to do low-wage jobs, often living in sub-standard houses in government-funded migrant centers.

“It has been a complete 180 degree turn since we’ve been living here,” said Saul Menses, who moved into one of Mutual Housing’s 62 apartments and houses in Spring Lake, some 60 miles (97 km) northeast of San Francisco, in 2015.

“For five years, we lived in an apartment there that was very cold and in poor condition. My wife had to board the windows up with tape and unclog the sink daily.”

The Spring Lake houses are the United States’ first certified zero-energy rental homes, meaning they consume less energy than they produce, using solar power, efficient lights and drought-resistant landscaping.

Seasonal work also disrupts family life for the estimated 6,000 migrants who come to Yolo County for the harvest, making it difficult for children to stay in one school. The new houses are less than 1 km from a secondary school and other services.

“Seasonal agricultural laborers are one of the most marginalized groups in the USA,” said World Habitat’s Ireland. “Mutual Housing California have managed to help a group not normally reached and proven that you don’t have to be a homeowner or on a high income to embrace green lifestyles.”

US Congress to Let Iran Deadline Pass, Leave Decision to Trump

Congress will allow the deadline on reimposing sanctions on Iran to pass this week, congressional and White House aides said Tuesday, leaving a pact between world powers and Tehran intact at least temporarily.

In October, Trump declined to certify that Iran was complying with the nuclear agreement reached among Tehran, the United States and others in 2015. His decision triggered a 60-day window for Congress to decide whether to bring back sanctions on Iran.

Congressional leaders have announced no plans to introduce a resolution to reimpose sanctions before Wednesday’s deadline, and aides say lawmakers will let the deadline pass without action.

By doing that, Congress passes the ball back to Trump, who must decide in mid-January whether he wants to issue a waiver to keep old sanctions from being imposed on Iran.

If Trump doesn’t issue the waiver, the nuclear deal would collapse. That course is opposed by European allies, Russia and China, the other parties to the accord, under which Iran got sanctions relief in return for curbing its nuclear ambitions.

Iran says its nuclear program is for peaceful purposes and denies it has aimed to build an atomic bomb. It has said it will stick to the accord as long as the other signatories respect it, but will “shred” the deal if Washington pulls out.

A senior administration official said Tuesday that the White House planned on leaving the sanctions issue to Congress for the moment and was not asking for sanctions to be reimposed.

Efforts to find common ground with Europe on the Iran deal were complicated again last week, when Trump announced Washington would recognize Jerusalem as Israel’s capital, breaking with international consensus.

‘Worst deal ever’

Trump has called the Iran pact the “worst deal ever” and has threatened to pull the United States out of it.

His fellow Republicans control both chambers of Congress but their Senate majority is so small that they need some Democratic support to advance most legislation. Senate Democrats, even those who opposed it two years ago, do not want to tear up the nuclear accord.

Republican Bob Corker of Tennessee, chairman of the Senate Foreign Relations Committee, declined to say whether he thought Trump would carry through on a threat to tear up the nuclear pact in January if Congress did not pass legislation to further clamp down on Iran.

Corker told reporters he and Democratic Senator Ben Cardin of Maryland met national security adviser H.R. McMaster last week to see “if there’s language that fits the bill here within Congress but also … keeps [the Europeans] at the table with us and not feeling like we’ve gone off in a different direction.”

Corker declined to elaborate on specifics of the discussions.

Trump threatened to withdraw from the nuclear agreement if lawmakers did not toughen it by amending the Iran Nuclear Agreement Review Act, or INARA, the U.S. law that opened the possibility of bringing sanctions back.

Cardin, the ranking Democrat on the Foreign Relations panel, has said he would not support changes to the nuclear pact that are not supported by Europe.

Democrats also insist that, while sanctions should be imposed over Iran’s ballistic missile program or human rights violations, they must be separate from the nuclear agreement.

Smaller Farms Can Cope Better With Climate Change in India, Say Analysts

India’s small farmers are better equipped than large landowners to deal with climate change, but need more support to find innovative ways to minimize the impacts of higher temperatures, uneven rainfall, floods and droughts, analysts said.

About 60 percent of India’s population of 1.3 billion depends on agriculture for a living. More than three quarters of farmers cultivate than 2 hectares (5 acres) of land each.

While the small size of the land holding is often seen as a challenge to raising incomes, it is an advantage when it comes to tackling extreme weather and rising temperatures, said Arindom Datta, Asia head of sustainability banking at Rabobank.

Mono cropping

“Large farmers tend to do mono cropping, which is far more vulnerable to climate change, and more difficult to change and adapt as the situation demands. Plus they need more water, another resource under threat from warmer weather,” he said.

“Small farmers are far more versatile; they usually plant multiple varieties of crops, so they are more flexible and better able to adjust and adapt,” he told the Thomson Reuters Foundation.

Prime Minister Narendra Modi has promised to double farmers’ incomes over the next five years, with reforms including better irrigation, crop insurance and higher prices for crops.

​Size of land holdings drop 

Poor prices for grains and cereal have led to mounting piles of debt for Indian farmers, triggering thousands of suicides every year. More than two-thirds of farmers who committed suicide were small and marginal farmers, data show.

The average size of land holdings in rural India has halved over the past two decades as land is passed down from father to son, and as more land is surrendered for development projects.

While a law caps the amount of land that can be owned by individual farmers, several states have introduced leasing laws to enable farmers to increase the land under cultivation.

Training for women farmers

But smaller land holdings are better suited if the government invests in training — particularly for women — on topics such as traditional grains such as millets, said Ishira Mehta, founder of CropConnect Enterprises, which links farmers to markets.

“With rising temperatures, we may not be able to grow basmati rice or wheat 20 years from now; we need to revive traditional grains that are more climate resilient,” she said.

“Women farmers in particular are more adaptable, more willing to learn about new harvest and marketing methods. But they cannot tackle the problem on their own.”

Farmers in the southern state of Tamil Nadu are already returning to indigenous varieties of rice and traditional seeds as the region suffers more frequent droughts.

US Retailer Aims to Give Tech Experience to Immigrant Teens

A major U.S. electronic retailer says it wants to help immigrant and underprivileged teens gain the technology skills they’ll need for the job market.

Best Buy, in partnership with a local nongovernmental organization known as the Brian Coyle Center, has opened a tech center in Minneapolis’ Cedar-Riverside area. The center provides after-school computer classes for teens in the area, many of whom come from East African immigrant families.

The company plans to open 60 such centers nationwide by 2020. Trish Walker, the president of service for Best Buy, said the aim is to train a million teens each year to help them be prepared for tech-related jobs.

“Here, teens can learn so many skills, from coding to web programming, music production, 3-D design, editing, fashion design, getting leadership skills, entrepreneurship, mentoring from others,” Walker said at the opening ceremony for the center. “Great stuff to be able to prepare the teens for workforce for the future. Eighty percent of the future [jobs] are tech-related.”

Hamza Nur is a Somali youth who spent four years learning at the first Minneapolis-area Best Buy tech center, where he learned how to digitally edit and draw.

“I learned so much, and am grateful,” Nur said at the ceremony. “I think this is a great idea that we can all learn from. I think the idea of tech center is pretty great one, because it lets all the youth of Cedar have a great experience with technology.”

Abdirahman Mukhtar, the youth program director at the Brian Coyle Center, says the center gives young people a positive outlet through which to channel their energy, and it helps to keep them away from drugs and gangs, which have been recurring problems in the area.

“The time of the program is after-school time, and it’s [then] that a youth has free time and can commit negative habits,” he told VOA’s Somali service.

Minneapolis is home to the United States’ largest communities of Somali and East African immigrants, most of whom came to the U.S. because of armed conflicts in their home countries.

Green Cash, Carbon Tax: What to Expect at Paris Climate Meet

French President Emmanuel Macron is hosting an international summit Tuesday to mark the second anniversary of the Paris climate agreement, hoping to inject the pact with new energy after President Donald Trump announced the U.S. would withdraw from it.

The accord reached two years ago set goals for slowing the rate of climate change by reducing the emissions that contribute to melting Arctic ice, increasing sea levels and changing weather patterns across the globe.

While some critics have questioned whether the summit will accomplish more than drawing attention to France’s media-savvy president, celebrities, corporations, environmental groups and others are preparing to make a string of announcements there.

The issues expected to come up at the event range from research to corporate pledges.

Green cash

Poor countries are waiting to hear how the United Nations’ goal of raising $100 billion dollars for climate-related measures will be achieved by 2020.

The target was set in 2009, but commitments so far from rich nations only will cover about two-thirds of the fund.

The money is intended to help developing countries invest in green energy projects and avoid the path taken by wealthy countries decades earlier that saw massive growth in the use of fossil fuels.

Scientists say ending fossil fuel use, also known as `decarbonization,’ needs to happen worldwide by 2050, but poor countries only would be able to reach the goal with financial help.

Climate campaigner Mohamed Adow of the group Christian Aid says one important step would be for the World Bank, which is co-hosting Tuesday’s meeting, to switch its investments from fossil fuels to renewable energy in developing countries.

Corporate Commitment

Dozens of companies have signed a joint call for governments to maintain momentum on implementing the Paris accord and set long-term strategies for cutting carbon emissions.

The companies _ including insurer Allianz, tire maker Michelin and consumer goods giant Unilever _ said Monday they are committed to a greener economy that includes imposing levies on carbon emissions.

Allianz CEO Oliver Baete said in the statement that “business requires stable regulatory frameworks and an adequate price on carbon.”

Financial institutions such as Allianz also want greater transparency on climate-related data to help them make sound investment decisions, Baete said.

New research

The Paris summit takes place while the American Geophysical Union is holding its fall meeting in New Orleans.

Scientists are expected to present new research on climate changes and ways to keep global temperatures from rising beyond 2 degrees Celsius (3.6 F.)

Separately, Microsoft says it will let researchers use its artificial intelligence technology to monitor and model the planet’s climate.

The technology giant says its commitment _ worth about $10 million a year _ could also help companies use vast amounts of data to reduce carbon emissions, by reducing waste, making power grids more efficient and improving weather predictions.

Star scientists

Macron has invited U.S.-based climate scientists to apply for generous grants and relocate to France, a direct response to Trump’s rejection of the Paris accord.

The French president was announcing the first grant winners on Monday. Overall, the French government and research institutions plan to fund about 50 projects with 60 million euros ($70 million)

Putin Visits Ankara as Bilateral Relations Continue to Deepen

In their third meeting in a month, Turkish President Recep Tayyip Erdogan hosted his Russian counterpart, Vladimir Putin, in Ankara. The talks primarily focused on Syria, but Putin’s visit coincides with U.S.-Turkish relations, reeling from a crisis sparked by U.S. President Donald Trump’s recognition of Jerusalem as Israel’s capital.

“Regarding Jerusalem, I have observed that we share common opinions with Mr. Putin, and we’ve come to an agreement that we will sustain our decisiveness in this matter,” Erdogan said in a joint press statement with Putin, referring to the Russian president as his “dear friend.”

“The resolution by the U.S. to move the American embassy to Jerusalem is far from helping the settlement of the situation in the Middle East,” Putin said. “It is destabilizing the already complicated situation in the region, which is difficult as it is today.”

In a move that will add to Washington’s unease over Ankara’s warming relationship with Moscow, the Turkish president announced that a controversial purchase of a Russian missile system should be finalized this week. NATO strongly opposes the sale, claiming it is incompatible with its systems.

Putin’s visit is just the latest move in what some analysts call a careful and well-played strategy by Russia of building influence and sowing discord amongst its rivals. Before meeting Erdogan, Putin met with another U.S. ally, Egyptian President Abdel Fattah al-Sisi, in Cairo. Prior to the meeting with Putin, Erdogan ratcheted up his rhetoric over Trump’s Jerusalem move.

“With their decision to recognize Jerusalem as Israel’s capital, the United States has become a partner in the bloodshed,” Erdogan said. 

Throughout the year, Turkish-Russian relations have blossomed as U.S.-Turkish ties have plummeted. The latest meeting between Putin and Erdogan is the eighth this year. The two leaders are increasingly cooperating over Syria. Monday’s talks focused on the planned Syrian National Congress on National Dialogue, an event Moscow hopes will bring together the Syrian government and the opposition. Putin said the Congress would address the adoption of a constitution, the parameters of a future Syrian statehood, and the organization of elections under the control of the United Nations.

Even though Moscow and Ankara back opposing sides in the Syrian civil war, analysts say that with the war approaching an endgame, both sides have something to gain in cooperation.

Putin has successfully exploited Ankara’s anger and mistrust over Washington’s backing of the YPG Syrian Kurdish militia in its war against the Islamic State. Ankara calls the YPG terrorists, claiming they are linked to a Kurdish insurgency in Turkey.

But Moscow, too, has been backing the YPG and its political wing, the PYD. Putin is pressing for the YPG to be included in meetings to end the cvil war, which Ankara bitterly opposes. Last week, images appeared of Russian and YPG forces openly collaborating in a military operation against the Islamic State.

“We’ve seen Ankara critical of the photo of Russian military representatives and the YPG,” said analyst Sinan Ulgen, a visiting scholar at Carnegie Europe in Brussels. “But this cannot be compared to the policy of the U.S., which is providing heavy weapons to the YPG.” 

Turkish-Russian relations could be further boosted by Putin’s announcement of the partial withdrawal of Russian forces from Syria. 

“Ankara would look at this as an opportunity to expand its influence across the border,” said Ulgen. 

Turkish forces remain massed on the border of the YPG-controlled Syrian Afrin enclave.

“As things stand, Afrin remains under Russian protection. But if indeed Russia were to pull back its troops, this would certainly give more room to Turkey to contemplate military action against Afrin,” Ulgen predicted.

Putin may be wary of abandoning the Syrian Kurdish militia, which Moscow has been developing ties with over several years. Analysts point out that the powerful militia could be useful in helping protect Moscow’s interests in the region from other potential regional rivals, including Turkey and Iran, especially as it winds down much of its military presence in Syria. But such a move would likely test Moscow’s currently successful balancing act —managing its conflicting policies in Syria.

Waiting for Congress, Mnuchin Makes 2nd Emergency Debt Move

Treasury Secretary Steven Mnuchin said Monday he is making a second emergency move to keep the government from going above the debt limit while awaiting congressional action to raise the threshold.

 

In a letter to congressional leaders, Mnuchin said he will not be able to fully invest in a large civil service retirement and disability fund. Skipped investments will be restored once the debt limit has been raised, he said.

 

In September, Congress agreed to suspend the debt limit, allowing the government to borrow as much as it needed. But that suspension ended Friday.

 

The government said the debt subject to limit stood at $20.46 trillion on Friday. Mnuchin has said he will employ various “extraordinary measures” to buy time until Congress raises the limit.

 

The Congressional Budget Office estimated in a recent report that Mnuchin has enough maneuvering room to stay under the limit until late March or early April.

 

If Congress has not acted before Mnuchin has exhausted his bookkeeping maneuvers, the government would be unable to borrow the money it needs to meet its day-to-day obligations, including sending out Social Security and other benefit checks and making interest payments on the national debt.

 

In August 2011, a standoff between Congress and the Obama administration over raising the borrowing limit came down to the wire and prompted the Standard & Poor’s credit rating agency to impose the first-ever downgrade of the government’s credit rating.

 

Raising the debt limit is a separate issue from the need for Congress to pass a spending bill to cover government operations. A failure to pass a spending bill triggers a partial government shutdown but does not carry the potential catastrophic market disruptions that a failure to raise the debt limit poses.

 

In his new letter, Mnuchin said, “I respectfully urge Congress to protect the full faith and credit of the United States by acting to increase the statutory debt limit as soon as possible.”

US High Court Turns Away Dispute Over Gay Worker Protections

The U.S. Supreme Court on Monday refused to hear an appeal by a Georgia security guard who said she was harassed and forced from her job because she is a lesbian, avoiding an opportunity to decide whether a federal law that bans gender-based bias also outlaws discrimination based on sexual orientation.

The justices left in place a lower court ruling against Jameka Evans, who had argued that workplace sexual orientation discrimination violates Title VII of the landmark Civil Rights Act of 1964.

Workplace protections are a major source of concern for advocates of rights for lesbian, gay, bisexual and transgender people.

Gregory Nevins, an attorney at Lambda Legal, an LGBT legal advocacy group representing Evans, said it was unfortunate the court turned away the case. Lambda Legal had cited language in the Supreme Court’s landmark 2015 ruling legalizing same-sex marriage nationwide to support their argument.

“The vast majority of Americans believe that LGBT people should be treated equally in the workplace,” Nevins said.

The case hinged on an argument currently being litigated in different parts of the United States: whether Title VII, which bans employment discrimination based on sex, also outlaws bias based on sexual orientation. Title VII also bars employment discrimination based on race, color, religion and national origin.

Lower courts are divided over the issue, making it likely the Supreme Court eventually will hear a similar case. In April, a Chicago-based federal appeals court found that Title VII does forbid job discrimination based on sexual orientation.

The U.S. Equal Employment Opportunity Commission, an independent federal agency that enforces Title VII, had argued since 2012, during Democratic former President Barack Obama’s administration, that bias against gay workers violates that law.

In July, Republican President Donald Trump’s administration argued the opposite in a separate case before a New York federal appeals court.

Evans in 2015 sued Georgia Regional Hospital at Savannah, a psychiatric facility, and several of its officials.

She alleged that while she worked there from 2012 to 2013, her supervisor tried to force her to quit because she wore a male uniform and did not conform to female gender stereotypes.

She said the supervisor asked questions about her relationships, promoted a junior employee above her, and slammed a door into her body.

In March, the Atlanta-based 11th U.S. Circuit Court of Appeals sided with the hospital, saying only the Supreme Court can declare that Title VII’s protections cover gay workers.

On Monday, a spokeswoman for Georgia’s attorney general, whose office represented the defendants, had no immediate comment.

EU-Mercosur Talks Hit Snags, Announcement Could Be Delayed

Free-trade talks between the European Union and South American trade bloc Mercosur still face hurdles over beef and ethanol, and an expected deal announcement this week might not happen, officials involved in negotiations said on Monday.

Mercosur diplomats involved in the talks on the sidelines of the World Trade Organization minister’s meeting in Buenos Aires said EU officials had not presented improved offers on EU tariff-free imports of South American beef and ethanol as promised.

“Basically, they want us to show our cards before they show theirs,” a senior diplomat from a Mercosur country told Reuters, asking not to be named due to the sensitive stage of the negotiations.

Resistance by some EU member states to agricultural imports, such as Ireland and France, has delayed negotiation of the free trade agreement with Mercosur that seeks to liberalize trade and investment, services and access to public procurement.

Brazilian President Michel Temer, speaking to reporters after attending the opening of the WTO meeting on Sunday, said an announcement of the framework political agreement for the

EU-Mercosur deal might have to wait until Dec. 21, when the bloc’s presidents meet in Brasilia.

A spokeswoman for the Argentine Foreign Ministry said agreement on the conclusion of the negotiations that have gone on for almost two decades could still be reached by Wednesday in Buenos Aires or, if not, next week in Brazil.

Besides disagreement over the tonnage of beef that EU countries would allow in each year free of tariffs, EU diplomats have said rules of origin still have to be included in the provisional political accord.

Brazil has said that can be worked out in the coming months before a final agreement is signed sometime in mid-2018. Brazil’s foreign ministry played down the hurdles to a deal.

“There is very little left to negotiate and they are not fundamental issues,” said an official, who requested anonymity. “There will be a deal and it will be announced when it is struck, here or in Brasilia.”

Mercosur members Brazil, Argentina, Paraguay and Uruguay are pushing for an improvement on the EU offer of tariff-free imports for 70,000 tons a year of beef and 600,000 tons of ethanol a year.

They complain that it is lower than the 100,000-tons beef offer the EU made in 2004, though EU negotiators say Europeans eat less meat today.

The Irish Farmers Association has called the deal “toxic” and opposes any increase.

 

Russia’s Putin Lands in Egypt in Sign of Growing Ties

Russian President Vladimir Putin, making his second visit to Egypt in as many years, held talks Monday with his Egyptian counterpart on their countries’ rapidly expanding ties.

 

Egypt’s general-turned-president, Abdel-Fattah el-Sissi, has visited Russia three times since the ouster of his Islamist predecessor in 2013. After taking office, el-Sissi has bought billions of dollars’ worth of Russian weapons, including fighter jets and assault helicopters.

 

The two countries are also in the late stages of negotiations over the construction by a Russian company of Egypt’s first nuclear energy reactor.

 

Also, Russia last month approved a draft agreement with Egypt to allow Russian warplanes to use Egyptian military bases, a deal that would mark a significant leap in bilateral ties and evidence of Moscow’s expanding military role in a turbulent Middle East. That deal, if it goes through, will likely irk the United States, until now a top Egypt military ally.

 

Putin flew to Cairo after a brief and previously unannounced visit to a Russian military air base in Syria. The air base has served as the main foothold for the air campaign Russia has waged since September 2015 in support of Syrian President Bashar Assad against armed groups opposed to his rule.

 

El-Sissi met Putin at Cairo’s international airport and the two leaders later went straight to the presidential Ittahidyah palace in Cairo’s upscale Heliopolis suburb where talks got underway.

 

Egypt’s currently close ties with Russia harken back to the 1950s and 1960s, when Cairo became Moscow’s closest Arab ally during the peak years of the Cold War.

 

Egypt changed allies in the 1970s under the late President Anwar Sadat, who replaced Moscow with Washington as his country’s chief economic and military backer following the signing of a U.S.-sponsored peace treaty with Israel. Egypt has since become a major recipient of U.S. economic and military aid.

 

In what would have been unthinkable during the Cold War, Egypt has under el-Sissi been able to maintain close ties with both Russia and the United States.

 

Egypt, however, has not been able thus far to persuade Russia to resume its flights to Egypt, suspended since October 2015 when a suspected bomb brought down a Russian airliner over Egypt’s Sinai Peninsula, killing all 224 people on board. Egypt has since spent millions of dollars to upgrade security at its airports and undergone numerous checks by Russian experts to ascertain the level of security at the facilities.

 

The suspension of Russian flights has dealt a devastating blow to Egypt’s vital tourism industry. Britain, another major source of visitors, has since the Russian airliner’s crash also suspended flights to Sharm el-Sheikh, a Red Sea resort in Sinai from which the Russian airliner took off shortly before it crashed.

 

“Your Excellency: When will Russian tourism return to Egypt?” read the front-page banner headline in a Cairo daily loyal to the government, in both Arabic and Russian.

 

There have been speculations that el-Sissi and Putin might during the visit finalize and announce a deal on the construction of the nuclear reactor on Egypt’s Mediterranean coast after months of wrangling over technical and financial details.

 

Egypt and Russia have already initialed an agreement for a $25 billion Russian loan to finance the construction.

 

Egypt has quietly supported Russia’s military involvement in the Syrian civil war, a policy that had clashed with the position taken by Saudi Arabia, Cairo’s chief ally and financial backer. The Saudis, however, have gradually softened their opposition to Russian involvement there and taken a host of steps to thaw decades of frosty relations with Moscow.

 

Both the Saudis and Egyptians, according to analysts, are now hoping that Russia’s presence in Syria would curtail the growing influence there of Shiite, non-Arab Iran, whose expanding leverage in the region has been a source of alarm to both Cairo and Riyadh.

 

Egypt, meanwhile, has been raising its own profile in Syria, negotiating local cease-fires between government and opposition forces with the blessing of both Damascus and Moscow.

 

Putin Visits Syria, Announces Russian Troop Withdrawal

Russian President Vladimir Putin said Monday he has ordered his military to withdraw a “significant part” of Russia’s forces from Syria.

He made the announcement during a surprise visit to Russia’s Hemeimeem airbase in Latakia province, where he also met with Syrian President Bashar al-Assad.

Russian forces joined the Syrian conflict in late 2015 in support of Assad’s military.

Putin said Monday that Russian and Syrian forces had defeated the “most battle-ready group of international terrorists,” in an apparent reference to the Islamic State group.

Syrian state media said Assad thanked Putin for Russia’s role in the fight against terrorism in Syria and that the Syrian people will not forget what the Russian military achieved.

Russia plans to keep Hemeimeem airbase as well as a naval facility in Tartus.

The visit to Syria was Putin’s first, and came on his way to talks to Cairo.

Russia’s intervention in Syria helped stabilize Assad’s effort to defeat rebels who have fought since 2011 to force him from power. The conflict started as peaceful protests that were met with a strong government crackdown and eventually led to a civil war that also included the emergence of the Islamic State group in large areas of eastern Syria.

Forces opposing Islamic State have made large gains during the past year in both Iraq and Syria, including pushing the militants out of their major strongholds in Mosul, Iraq and Raqqa, Syria. The United States has led its own coalition of militaries providing airstrikes and other support to fighters on the ground in both countries.

Multiple efforts to bring about productive peace talks to end the fighting in Syria have proven unsuccessful as millions of people fled their homes. The latest attempt at finding a negotiated peace is going on in Geneva, led by the United Nations.

France Orders International Recall of Lactalis Baby Formula

France has ordered banned the sale and ordered a recall of several baby formula milk and baby food products made by French dairy giant Lactalis after the discovery of salmonella bacteria, consumer protection agency DGCCRF said in a statement.

The recall includes products for export, including to China, Taiwan, Pakistan, Afghanistan, Iraq, Morocco, Lebanon, Sudan, Romania, Serbia, Georgia, Greece, Haiti, Colombia and Peru.

Some were also destined for regional markets, including Africa and Asia.

The agency said that Lactalis, the world’s largest dairy company, had not managed contamination risk and has been ordered to conduct a product recall and halt the sale and export of several baby food products made at its Craon plant in western France since Feb. 15.

The recall follows 20 cases of salmonella infection of infants in France during early December, which had already prompted a limited recall of 12 Lactalis products.

This week five new cases were reported of infection with the “salmonella agona” bacteria. One of the infants had consumed a Lactalis product that had not been on the first recall list. The infants have now recovered, the agency said.

Lactalis spokesman Michel Nalet said on BFM Television that the products can be exchanged in pharmacies or supermarkets. He said that any salmonella bacteria would be killed by boiling the milk for two minutes.

A full list of the products concerned is available on the agency’s website.

Thousands in Ukraine Demand Saakashvili’s Release

Thousands in Ukraine rallied Sunday in protest of the arrest of opposition leader Mikheil Saakashvili, calling for his release and the impeachment of President Petro Poroshenko.

Ukrainian officials have accused Saakashvili, whom they arrested Friday, of abetting an alleged “criminal group” led by former President Viktor Yanukovych — who was pushed from power in 2014 and fled to Russia — and have suggested that his protests are part of a Russian plot against Ukraine.

A day after he declared a hunger strike, his supporters took to the streets of Kyiv to demand his release.

“The authorities have crossed a red line. You don’t put opponents in prison,” said Saakashvili’s wife, Sandra Roelofs, as marchers brandished anti-government and anti-corruption slogans.

Saakashvili, 49, is also wanted in his native Georgia, where he served as president from 2004 until 2013, for alleged abuse of power.

Saakashvili became a regional governor in Ukraine in 2015 at the invitation of President Poroshenko. However, the two men later had a falling out, with Saakashvili accusing the president of corruption and calling for his removal from office.

 

 

Spain Rescues 104 Migrants Crossing Mediterranean Sea

Spain’s maritime rescue service says it has saved 104 migrants trying to make the perilous crossing of the Mediterranean Sea to Europe from North Africa.

The service says its rescue craft Guardamar Concepcion Arenal intercepted two boats carrying 53 and 22 migrants each overnight and early Sunday in the Strait of Gibraltar. The same rescue vessel also took on board another 25 migrants that a Civil Guard patrol craft had picked up at sea.

 

Another rescue craft, the Salvamar Denebola, later spotted a tiny rubber boat carrying four more migrants that it took to shore.

 

Tens of thousands of migrants try to reach Europe each year in small smugglers’ boats unfit for the open sea, with thousands dying in the attempt.

Nobel Peace Prize Winners Urge Nuclear Powers to Sign UN Treaty

Winners of the 2017 Nobel Peace Prize warned that the world was “one impulsive tantrum” away from destruction, urging nuclear nations to adopt a U.N. treaty banning atomic weapons.

“Will it be the end of nuclear weapons, or will it be the end of us?” Beatrice Fihn, who accepted the award on behalf of the International Campaign to Abolish Nuclear Weapons (ICAN), asked in her speech following the group’s acceptance of the award.

Fihn warned that in particular, warlike threats exchanged between North Korea and the United States amid nuclear tests by Pyongyang were forcing the world to live “under the conditions where our mutual destruction is only one impulsive tantrum away.”

The Geneva-based group, which received the Nobel Peace Prize earlier this year, consists of about 500 organizations in more than 100 countries that are working toward global nuclear disarmament.

The Nobel committee praised ICAN’s efforts toward securing the 2017 U.N. Treaty on the Prohibition of Nuclear Weapons. A total of 122 nations adopted the deal — but none of the nine known nuclear powers signed up.

In a break from tradition, the three western nuclear powers — the U.S., France and Britain — sent second-ranking diplomats rather than their ambassadors to Sunday’s ceremony.

Receiving the award with Fihn was 85-year-old Setsuko Thurlow, a survivor of the Hiroshima atomic bombing and now an ICAN campaigner, who described horrible scenes in the aftermath of the atomic bomb in 1945  when she was 13 years old.

“Listen to our testimony. Heed our warning. And know that your actions are consequential,” Thurlow said during her speech at the ceremony.

The nine nations that have nuclear weapons boycotted the U.N. treaty negotiations, which began in February. They are Britain, China, France, Russia, the United States, India, Pakistan, North Korea and Israel.

Nearly three decades after the end of the Cold War, the debate between disarmament versus deterrence is still being fought.

 

Traders Brace for Launch of Bitcoin Futures Market

The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive Sunday when bitcoin futures start trading.

The launch has given an extra kick to the cyptocurrency’s scorching run this year. It has nearly doubled in price since the start of December, but recent days saw sharp moves in both directions, with bitcoin losing almost a fifth of its value Friday after surging more than 40 percent in the previous 48 hours.

But while some market participants are excited about a regulated way to bet on or hedge against moves in bitcoin, others caution that risks remain for investors and possibly even the clearing organizations underpinning the trades.

The futures are cash-settled contracts based on the auction price of bitcoin in U.S. dollars on the Gemini Exchange, owned and operated by virtual currency entrepreneurs Cameron and Tyler Winklevoss.

A regulated bitcoin product

“The pretty sharp rise we have seen in bitcoin in just the last couple of weeks has probably been driven by optimism ahead of the futures launch,” said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin.

Bitcoin fans appear excited about the prospect of an exchange-listed and regulated product and the ability to bet on its price swings without having to sign up for a digital wallet.

The futures are an alternative to a largely unregulated spot market underpinned by cryptocurrency exchanges that have been plagued by cybersecurity and fraud issues.

“You are going to open up the market to a whole lot of people who aren’t currently in bitcoin,” Frederick said.

Mixed reception in US

The futures launch has so far received a mixed reception from big U.S. banks and brokerages.

Interactive Brokers plans to offer its customers access to the first bitcoin futures when trading goes live, but bars clients from assuming short positions and has margin requirements of at least 50 percent.

Several online brokerages including Charles Schwab and TD Ameritrade will not allow the trading of the newly launched futures.

Some of the big U.S. banks including JPMorgan Chase and Citigroup, will not immediately clear bitcoin trades for clients, the Financial Times reported on Friday.

Argentina Blocks Two Activists From Entry on Eve of WTO Meeting

Argentina blocked two European activists from entering the country on the eve of the World Trade Organization’s ministerial meeting in Buenos Aires, the two told a local radio program Saturday.

Sally Burch, a British activist and journalist for the Latin American Information Agency, said Argentina had already revoked credentials given to her by the WTO to attend the meeting but thought she would be able to enter the country as a tourist.

“They found my name on a list and started asking questions … supposedly I was a false tourist,” Burch said on Radio 10.

“It’s not very democratic of Argentina’s government.”

Petter Titland, spokesman for the Norweigan NGO Attac Norge, said authorities denied him entry without explaining why.

Late last month, Argentina rescinded the credentials of 60 activists who had been accredited by the WTO to attend the meeting because it determined they would be “more disruptive than constructive.”

WTO meetings often attract protests by anti-globalization groups, but they have remained largely peaceful since riots broke out at the 1999 meeting in Seattle.

WTO’s spokesman, Keith Rockwell, reiterated on Saturday that it disagreed with Argentina’s decision to revoke activists’ credentials. “We didn’t have the same perspective but we’re now moving on,” Rockwell told journalists.

Argentina’s President Mauricio Macri has promoted business-friendly policies since taking office in December 2015, and Argentina will host global events as chair of the G-20 group of major economies next year.

Arab League Chief Calls for Recognition of Palestinian State After US Action on Jerusalem

The head of the Arab League has called on the nations of the world to recognize Palestine as a sovereign state with Jerusalem as its capital, in response to U.S. President Donald Trump’s announcement that he will recognize the city as the capital of Israel and move the U.S. Embassy there.

Ahmed Aboul-Gheit made the call Saturday at the beginning of an emergency meeting of foreign ministers of the Arab League. He added that the U.S. decision “amounts to the legalization of occupation.”

 

He also said it raised a question mark about the United States’ role as a peace negotiator in the Middle East and beyond.

Some Arab diplomats have also suggested submitting a draft resolution condemning the U.S. decision to the U.N. Security Council.

Palestinian Foreign Minister Riyad al-Maliki said he expected the Arab League to “immediately act in presenting a draft resolution to the Security Council that rejects this American decision.”

Saturday’s meeting in Cairo took place after three days of street protests in the West Bank and Gaza Strip, as well as protests at Al-Azhar Mosque in the Egyptian capital.

​’US has crossed red lines’

Further, the heads of the largest Christian church in Cairo and Al-Azhar University have said they will not meet with U.S. Vice President Mike Pence when he visits Cairo on December 20. Palestinian President Mahmoud Abbas has also announced he will not meet with Pence, saying “the U.S. has crossed red lines” on Jerusalem.

A statement from the Coptic Orthodox Church called the Trump decision “inappropriate and without consideration for the feelings of millions of people.”

In Paris, pro-Palestinian demonstrators marched ahead of a visit by Israeli Prime Minister Benjamin Netanyahu on Sunday. Netanyahu is to meet with French President Emmanuel Macron, who has called Trump’s decision “regrettable.”

Pro-Palestinian rallies also took place Saturday outside the U.S. Embassy in Rome. Demonstrations took place Friday in Iraq, Jordan, Syria, Pakistan, Lebanon, Malaysia and Indonesia, the world’s most populous Muslim-majority country.

Earlier Saturday, Israeli airstrikes killed two men in the Gaza Strip. Hamas said it lost two gunmen in those airstrikes.

An Israeli army statement said the targets of the strikes were “two weapons manufacturing sites, a weapons warehouse and a military compound.”

Criticism of Washington

Some of the United States’ oldest allies turned their backs on Washington’s decision to recognize Jerusalem as Israel’s capital during an emergency meeting of the U.N. Security Council on Friday.

More than half the council’s 15 members requested the open meeting, and delegations from other member states packed the chamber, indicating the importance Jerusalem’s status holds around the globe. 

Security Council members criticized the Trump administration decision, saying it risked prejudging the outcome of final status issues and threatened the peace process. They also expressed concerns it could be exploited by extremists and radicals, fueling tensions in an already turbulent region.

Trump’s announcement defied decades of diplomacy in the quest to bring peace to Israel. Jerusalem has been one of the biggest stumbling blocks in the quest, and it was widely believed that a solution would be found in peace negotiations.

The White House has denied that the president’s announcement on moving the U.S. Embassy to Jerusalem means his administration is pulling out of the Middle East peace process.

No other country has immediately followed Trump’s lead in planning to relocate its embassy from Tel Aviv to Jerusalem, something the White House has acknowledged.

Ed Yeranian in Cairo contributed to this report.

Russian General Named in Bellingcat MH17 Report Plans to Sue

A senior Russian general who was accused in a recent investigation of being a coordinator of separatist forces in eastern Ukraine and of possibly playing a role in the downing of a civilian airliner in July 2014 has said he plans to sue the authors of the report for defamation.

Retired General Nikolai Tkachyov told Novaya Gazeta on Saturday that he will sue the Bellingcat investigative collective and the independent website The Insider over their report, in which they used digital voice analysis to identify Tkachyov as a man codenamed Delfin (dolphin) who appears on intercepted communications with separatist fighters.

Tkachyov denies that he was Delfin or that he was in eastern Ukraine in 2014. He said he has spent the last few years in the Urals city of Yekaterinburg busying himself with the “patriotic education of youths.”

Bellingcat and The Insider published their investigation on Friday. In it, they reported that they had enlisted two independent analytical centers — one in the United States and one in Lithuania — to compare the intercepted audio from 2014 with recordings of Tkachyov made under the pretext of interviewing him for another story.

The two centers, using various digital analytical methods, independently determined it was “highly probable” that the man on the recordings and Tkachyov were one and the same.

According to the report, Delfin was a Russian general who was based in the Ukrainian town of Krasnodon in the summer of 2014 with the task of coordinating disparate separatist militia units in parts of Ukraine’s Donetsk and Luhansk regions.

The Dutch-led Joint Investigative Team (JIT) has identified Delfin as a person of interest in the downing of Malaysia Airlines flight MH17 in July 2014.

The JIT determined in 2016 that it was shot down from separatist-held territory in the Donetsk region by a BUK antiaircraft system provided by the Russian military. The JIT report says the BUK entered Ukraine near Krasnodon and was spirited back into Russia immediately after the airliner was shot down, killing all 298 people aboard.

Russia denies interfering in Ukraine’s internal affairs, despite compelling evidence that Moscow has provided military, economic, and political support to separatists fighting against Kyiv. Russia and the separatists deny shooting down MH17 and have offered several other theories to explain the incident, all of which have been rejected by investigators.

Tkachyov, 68, is a decorated veteran of both Russian campaigns in Chechnya. He was released from military service in 2010.

After his retirement, however, he served in 2011-12 as a military adviser to the government of Syria. After his return, he was assigned to the Central Military District and based in Yekaterinburg.

In May 2014, he attended the Victory Day parade in Yekaterinburg. He appeared again in public in August 2014 at an event celebrating Orenburg Cossacks.

Novaya Gazeta contributed to this report.

Saakashvili Declares Hunger Strike Following Arrest in Kyiv

Ukrainian opposition politician and former Georgian President Mikheil Saakashvili has declared a hunger strike, his lawyer told journalists on Saturday.

Attorney Ruslan Chornolutskiy released a letter from Saakashvili calling on supporters to protest in Kyiv on Sunday and to call for the impeachment of President Petro Poroshenko.

Also Saturday, a spokesman for the Prosecutor-General’s Office said prosecutors would ask a court to place Saakashvili under house arrest with electronic monitoring pending trial.

Ukrainian officials have accused Saakashvili of abetting an alleged “criminal group” led by former President Viktor Yanukoych — who was pushed from power in 2014 and fled to Russia — and have suggested that his protests are part of a Russian plot against Ukraine.

Saakashvili has dismissed the claims.

Saakashvili was arrested in the Ukrainian capital late on Friday, prompting hundreds of his supporters to demonstrate for his release.

The firebrand activist’s supporters gathered in a narrow street outside the police station where he was taken late on Friday, not far from the parliament building, shouting “Shame” and “Kyiv, get up!” while a large number of police in riot gear stood guard.

Close ally and fellow Georgian David Sakvarelidze called on Kyiv residents to take to the streets to protest Saakashvili’s recapture, which he blamed on President Poroshenko.

“Today Poroshenko broke all records and went down in history as a dictator who does this to political opponents,” Sakvarelidze told TV channel NewsOne.

Three associates of Saakashvili told RFE/RL that he was arrested at a friend’s apartment where he was visiting earlier Friday. Sakvarelidze said the agents were from the state security agency SBU.

Prosecutor-General Yuriy Lutsenko said in a post to his Facebook page that “everything was done to avoid bloodshed.”

“The detainee is placed in a temporary detention facility,” he wrote. 

Hours earlier, Saakashvili called on Ukrainians to demonstrate in Kyiv on December 10. In a Facebook post, Saakashvili told supporters he had lost his voice and was running a temperature but would “be by your side again” at a midday march to Kyiv’s Independence Square, which was the site of the monthslong 2013-14 protests that ousted the country’s pro-Russia president. 

Saakashvili, who became governor of Ukraine’s Odesa region in 2015 but quit a year later and is now a vocal opponent of Poroshenko, thanked backers for their support in the tumult of recent days.

Law-enforcement officers searched Saakashvili’s apartment in Kyiv on December 5, dragged him off the roof, and bundled him into a car. But supporters blocked the streets and pulled him from the vehicle, and he led a march to parliament.

A day later, police raided a protest tent camp near parliament, but Saakashvili was not detained and a 24-hour deadline for him to turn himself in passed without visible action by the authorities.

The search of Saakashvili’s home was conducted two days after his Movement of New Forces party organized a rally in Kyiv calling for Poroshenko’s impeachment and for legislation that would allow it to take place. 

Poroshenko late on December 8 said international experts may help justice officials investigate the charges against Saakashvili, adding that he was sure Saakashvili would get a fair trial in Ukraine.

“I don’t exclude that the inquiry may ask for extra expertise, including from international organizations, to enhance trust,” Poroshenko told reporters during a visit to Vilnius to meet with Lithuanian President Dalia Grybauskaite.

Saakashvili “has to answer to investigators and to society regarding the accusations against him,” Poroshenko said. “If he doesn’t answer, it only means that these accusations are well-founded.”

“If he flees from the investigation, this undermines his credibility,” Poroshenko said.

This story first appeared on RFE/RL’s website.

AFP, AP and Reuters contributed to this story.

Three Central Banks, Three Economic Outlooks for 2018

Three central banks, meeting on both sides of the Atlantic, will highlight the diverging fortunes of the world’s biggest economies as they head into 2018 after an exceptionally tranquil year.

While the growth cycle in the United States may be close to peaking, the eurozone is just getting comfortable with its economic run, and Britain is weighed down by Brexit uncertainty, suggesting that their monetary policies will be out of sync for years to come.

Indeed, the U.S. Federal Reserve is all but certain to raise rates Wednesday, likely predicting three more hikes for next year, even as the European Central Bank pledges Thursday to maintain super-low borrowing costs and the Bank of England promises only very gradual increases over the coming years.

​Clouds far out on US horizon?

The U.S. economy will start the new year in the perfect spot but that would suggest that the only way is down, and a range of issues from uncertainty over tax cuts to midterm elections and high turnover atop the Fed, cloud the outlook.

“The music will keep playing for another year or so, but be wary of what is next,” BNP Paribas said. “In 2018, we think the U.S. economy will see its best year in terms of economic activity since 2005 with the unemployment rate dropping to its lowest level since 1969.”

“The turn of the cycle is in sight,” it added. “We see the recovery as long in the tooth and believe that cycles do die of old age.”

​Tax cuts and rate hikes

Indeed, the economy is likely to face capacity constraints as the labor market tightens, pushing core inflation to the Fed’s target and raising prospects of overheating if a tax proposal, now in Congress, substantially increases deficit spending.

A big tax cut under discussion would — potentially — boost growth, and likely push the Fed to tighten more quickly.

“Better growth would increase downward pressure on the unemployment rate and upward pressure on inflation,” Bank of America Merrill Lynch said. “Hence the Fed would respond with a modestly steeper path of monetary policy.”

​And in Europe

The eurozone economy is in a similarly sweet spot, but the growth cycle is still relatively young and only now beginning to broaden out so the ECB will remain reluctant to give up support.

“The ECB faces the best of the possible outlooks in years: the moderate expansion phase is set to continue in 2018 and 2019, with limited risks of a setback, absent signs of excesses in demand wages dynamics and in leverage,” Intesa Sanpaolo said in a research note.

The ECB is not in a hurry to alter communication both on asset purchases and interest rates, it added.

Indeed, after an October stimulus cut that actually loosened rather than tightened financial conditions, the ECB will likely say it is content with the reaction, suggesting it will not revisit its stance for some time.

It will also unveil initial 2020 inflation projections, which will likely show price growth at or just below target, rising only gradually over the coming three years, another argument not to take support away just yet.

​In England

Meanwhile, the Bank of England will have to tread a fine line between sounding like more rate hikes are coming and not squashing growth that economists think may slow to around 1.3 percent next year from 1.5 percent in 2017.

Uncertainty over Brexit, low wage growth and weak productivity are weighing on the economy, but the BoE is not keen to see the pound weaken and add to an inflation rate that is expected to exceed its 2 percent target over the next three years.

Although Britain appears to have cleared a key hurdle in Brexit talks and focus can now move to a discussion of a trade agreement, slow progress so far suggests that uncertainty will remain high and even if an eventual deal is likely, its terms will not be clear for some time.

“For the doves, there has been no shortage of weak data since November, particularly related to the consumer sector and housing market,” HSBC said in a note to clients.

“The MPC seems minded to make another (hike), based more on weak supply growth than rising demand growth,” it added. “After that, we expect a long pause while it assesses the impact of its policy moves and given our expectation that activity growth will stay soft and wage growth weak.”