G20 financial chiefs flag global economic ‘soft landing’, warn of risks from war

G20 financial chiefs flag global economic ‘soft landing’, warn of risks from war
Brazil's Economy Minister Fernando Haddad (L) speaks next to US Treasury Secretary Janet Yellen after signing an agreement during the G20 economic ministers' meeting in Rio de Janeiro on July 26, 2024. (AFP)
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Updated 27 July 2024
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G20 financial chiefs flag global economic ‘soft landing’, warn of risks from war

G20 financial chiefs flag global economic ‘soft landing’, warn of risks from war
  • Communique avoids mention of wars in Gaza and Ukraine, to sidestep disagreements between Russia and major Western nations
  • Communique avoids mention of wars in Gaza and Ukraine, to sidestep disagreements between Russia and major Western nations

RIO DE JANEIRO: G20 financial leaders said on Friday the global economy was likely heading for a “soft landing,” but warned wars and escalating conflicts could endanger this outlook, while more global cooperation could make growth stronger.
In a joint communique after a two-day meeting in Brazil, finance ministers and central bankers from the Group of 20 major economies also committed to resist protectionism in trade and stressed the need to reduce economic inequalities.
Last month, the World Bank forecast that the global economy would avoid a third consecutive decline in growth since a major post-pandemic jump in 2021, with 2024 growth stabilising at 2.6 percent, in line with 2023, but warned that overall output would remain well below pre-pandemic levels through 2026.
“We are encouraged by the increasing likelihood of a soft landing of the global economy, although multiple challenges remain,” the communique said. “Downside risks include wars and escalating conflicts,” it said.
By avoiding explicit mention of the conflicts in Ukraine and Gaza, diplomats have worked to sidestep the disagreements between Russia and major Western nations that derailed a consensus at the finance chiefs’ gathering in February.
To defuse the disagreement, Brazil drafted a chair statement on geopolitical issues, stressing that these matters will be addressed by G20 leaders in November.
“The G20 made a wise decision to put geopolitical issues in their place to allow the cooperation agenda to move forward,” Brazil Finance Minister Fernando Haddad told a news conference.
Haddad also hailed the group’s first-ever declaration calling for cooperation to effectively tax the world’s largest fortunes, although that separate joint statement papered over disagreements about the right forum to advance the agenda.
The G20 communique said economic activity had proved to be more resilient than expected in many parts of the world, but the recovery had been highly uneven across countries, contributing to the risk of economic divergence.

Balance of risks
The document flagged risks to the economic outlook that remain broadly balanced, with more economic cooperation, faster-than-expected disinflation and technological innovations, like the safe development of Artificial Intelligence (AI), cited among upside risks.
But at the same AI tech could also turn out to be a downside risk to growth, the document said, along with economic fragmentation and persistent inflation keeping interest rates higher for longer, extreme weather events, and excessive debt.
Climate change and significant loss of biodiversity were key topics of concern, the G20 financial leaders agreed, warning that if poorer nations had to shoulder more of the cost of fighting climate change, it would make global inequality worse.
“We reiterate the understanding that the cost of inaction is greater than the cost of action,” the communique said.
The document also stepped-up language calling for a reform of the International Monetary Fund, that would give emerging and developing economies a bigger say in the lender of last resort.
The G20 communique underlined the “urgency and importance of realignment in quota shares to better reflect members’ relative positions in the world economy.” G20


Blinken to head to UK for talks on Ukraine, Mideast

Blinken to head to UK for talks on Ukraine, Mideast
Updated 8 sec ago
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Blinken to head to UK for talks on Ukraine, Mideast

Blinken to head to UK for talks on Ukraine, Mideast
  • ritain and the US have cooperated in lockstep on most global issues, but PM Starmer has taken a harder line on Israel since taking office

WASHINGTON: US Secretary of State Antony Blinken will head to London next week to discuss the Middle East and Ukraine, the State Department announced Saturday, ahead of a US visit by Prime Minister Keir Starmer.
Blinken’s visit to London on Monday and Tuesday will be the senior-most by a US official since Starmer’s Labour Party won July elections, ending 14 years of Conservative rule.
Blinken will take part in a strategic dialogue “reaffirming our special relationship,” State Department spokesman Matthew Miller said.
He will discuss Asia as well as the Middle East and “our collective efforts to support Ukraine,” Miller said in a statement.
The White House earlier announced that Starmer will visit next Friday, his second trip to Washington since his election.
He met President Joe Biden at the White House on July 10, days after taking office, as Starmer attended a NATO summit in Washington.
Britain and the United States have cooperated in lockstep on most global issues, and Biden’s Democrats historically have been seen as closer to the Labour Party than the Conservatives.
Starmer, however, has taken a harder line on Israel since taking office, with his government announcing a suspension of some arms shipments, citing the risk that they could be used to violate humanitarian law.
The Labour government has also dropped its Conservative predecessor’s plans to challenge the right of the International Criminal Court to seek the arrest of Israeli Prime Minister Benjamin Netanyahu.
The United States is not a member of the International Criminal Court and has opposed the bid to target Netanyahu, arguing that Israel has its own systems for accountability.
But the United States, Israel’s primary weapons supplier, did not criticize the arms decision, saying that Britain had its own process to make assessments.
 


Iran’s secret service accused of plots to kill Jews in Europe

Iran’s secret service accused of plots to kill Jews in Europe
Updated 07 September 2024
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Iran’s secret service accused of plots to kill Jews in Europe

Iran’s secret service accused of plots to kill Jews in Europe
  • The group intended to attack a Paris-based former employee at an Israeli security firm and three of his colleagues residing in the Paris suburbs

PARIS: A Paris court in May detained and charged a couple on accusations that they were involved in Iranian plots to kill Jews in Germany and France, police sources told AFP.
Authorities charged Abdelkrim S., 34, and his partner Sabrina B., 33, on May 4 with conspiring with a criminal terrorist organization and placed them in pre-trial detention.
The case, known as “Marco Polo” and revealed Thursday by French news website Mediapart, signals a revival in Iranian state-sponsored terrorism in Europe, according to a report by France’s General Directorate for Internal Security (DGSI) consulted by AFP.
“Since 2015, the Iranian (secret) services have resumed a targeted killing policy,” the French security agency wrote, adding that “the threat has worsened again in the context of the Israel-Hamas war.”
The alleged objective for Iranian intelligence was to target civilians and sow fear in Europe among the country’s political opposition as well as among Jews and Israelis.
Iran is accused of recruiting criminals, including drug lords, to conduct such operations.
Abdelkrim S. was previously sentenced to 10 years behind bars over a killing in Marseille and released on probation in July 2023.
He is accused of being the main France-based operative for an Iran-sponsored terrorist cell that planned acts of violence in France and Germany.
A former fellow inmate is believed to have connected the suspect with the cell’s coordinator, a major drug trafficker from the Lyon area who likely visited Iran in May, according to the DGSI.
The group intended to attack a Paris-based former employee at an Israeli security firm and three of his colleagues residing in the Paris suburbs.
Three Israeli-German citizens in Munich and Berlin were also among the targets.
Investigators believe that Abdelkrim S. despite his probation made multiple trips to Germany for scouting purposes, including travels to Berlin with his wife.
He denied the accusations and said he simply had purchases to make.
French authorities are also crediting the cell with plots to set fire to four Israeli-owned companies in the south of France between late December 2023 and early January 2024, said a police source.
Abdelkrim S. while in detention rejected the claims, the source added, saying he had acted as a go-between on Telegram for the mastermind and other individuals involved in a planned insurance scam.
 

 


13 killed, dozens injured in Ivory Coast road accident

13 killed, dozens injured in Ivory Coast road accident
Updated 07 September 2024
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13 killed, dozens injured in Ivory Coast road accident

13 killed, dozens injured in Ivory Coast road accident
  • A bus carrying passengers and a petrol-filled truck on the opposite lane collided
  • “The collision between the bus and the tanker set off a fire of terrifying intensity,” leaving “13 bodies charred” by the flames, Police Secours wrote

ABIDJAN: Thirteen people have been killed and 45 injured in a road accident in northern Ivory Coast, after a tanker truck crashed into a bus, rescuers and local media said Saturday.
A bus carrying passengers and a petrol-filled truck on the opposite lane collided on Friday where the road’s width had been narrowed by a freight truck parked without indicators, said Police Secours, a platform monitoring deadly accidents in the country.
The vehicles crashed around 2300 GMT on the highway between Bouake and Korhogo, two large cities in northern Ivory Coast.
“The collision between the bus and the tanker set off a fire of terrifying intensity,” leaving “13 bodies charred” by the flames, Police Secours wrote.
The Ivorian Press Agency (AIP) confirmed the toll which included 19 injured children rushed to hospitals in the nearby cities of Katiola and Niakara.
Deadly accidents are frequent in the Ivory Coast due to many roads and cars in poor condition and reckless driving.
The country in 2023 introduced a point-based driver’s license granting each driver a total of 12 points that can be gradually taken away depending on the violation.
Ivorian authorities have also set up cameras on the country’s main roads to fine offenders.
Between 1,000 and 1,500 people are killed every year in road accidents in the Ivory Coast, according to the transport ministry.


‘Gaza is America’s war and we can stop it the blink of an eye,’ US presidential candidate Jill Stein tells Arab News

‘Gaza is America’s war and we can stop it the blink of an eye,’ US presidential candidate Jill Stein tells Arab News
Updated 07 September 2024
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‘Gaza is America’s war and we can stop it the blink of an eye,’ US presidential candidate Jill Stein tells Arab News

‘Gaza is America’s war and we can stop it the blink of an eye,’ US presidential candidate Jill Stein tells Arab News
  • Green Party candidate says the billions of dollars in military aid given to Israel should be used to address American needs
  • Asked whether a third party could undercut the main candidates, Stein says Democrats and Republicans ‘don’t own those votes’

CHICAGO: Dr. Jill Stein, the US Green Party’s candidate for November’s presidential election, says Americans are losing “much needed benefits” due to tax money allegedly being redirected to fund Israel’s war in Gaza.

Speaking to The Ray Hanania Radio Show during an episode broadcast on Thursday, Stein accused the mainstream media and the Democrats of trying to block her candidacy to artificially strengthen the candidacy of Democratic Party nominee Kamala Harris.

She also said the US bore responsibility for the violence in Gaza, fueled by the perceived pro-Israel bias in the media and by politicians who received millions in campaign donations from pro-Israel political action committees to support the war.

“In the current case, the US is providing 80 percent of the weapons that are being used to murder women, children, and innocent civilians. We’re also providing money, military support and diplomatic cover and intelligence. So the US has total autonomy here,” she said.

“This is our war. It is really a misnomer in many ways to call this Israel’s war. This is the US’ war. We are in charge of this war and we can stop this war with the blink of an eye,” she added, urging voters not to get talked into “endorsing genocide.”

“There is no more critical of an issue than what’s going on right now in Gaza because this is really normalizing the torture and murder of children on an industrial scale. The destruction of international law and human rights.

“As Gaza goes, eventually we’re all gonna go. If we allow human rights to be systematically torn down and international law, the way it’s being done here, eventually that’s gonna rebound to us because the US has been the dominant power for the last several decades but we are no longer the dominant power economically and militarily.”

Stein said every vote for her candidacy and the Green Party could help bring an end not only to Israel’s war in Gaza but also to other conflicts around the world.

“What’s going on is terrible for the US and it’s terrible for Israel. We are hypocrites. We’re supposedly defending democracy, yet we are throwing candidates off the ballot here in our own country,” she said, referring to recent efforts by the Democratic Party in Montana, Nevada and Wisconsin to remove the Green Party from the ballot over alleged procedural issues.

“We’re also mobilizing Israel’s neighbors against Israel. In the countries that have had peace treaties, some of Israel’s most staunch partners, including Egypt and especially Jordan where there are huge rallies and demonstrations against Israel demanding the end of the peace treaty.”

Stein, who is Jewish American, has openly stated she supported Israel, Palestine, and the two-state solution, but has criticized Israeli Prime Minister Benjamin Netanyahu’s right-wing coalition, calling it “a fascist government” that was engaged in genocide.

She urged voters not to believe the one-sided picture often presented by politicians and the media, insisting that criticism of Israeli policies was “not antisemitism” but legitimate political discourse that must take place to make the US stronger.

“In the long-term interest of everyone in the region, the US and the Netanyahu government need to come into compliance with international law and specifically the rulings of the International Court of Justice,” she said.

“Which means an end to the genocide immediately and then a withdrawal to 1967 borders, which is what this agreement calls for. Withdrawal, an end to the occupation and an end to the ethnic cleansing, which has been going on for a very long time,” she said, referring to the civilian death toll of more than 40,000, according to Gaza’s health ministry.

“To criticize Israel should not be conflated with antisemitism. Zionism and Judaism are very different things. Zionism is a political ideology. It is not the Jewish religion. There are many strong proponents of the Jewish religion who are fierce opponents of Zionism.”

Instead of financing Israel’s military campaigns, Stein said the next US president should “fund solutions” to improve the lives of Americans by addressing affordable healthcare, creating more jobs, improving education for children and strengthening social security for seniors and retirees.

Both the Democrats and Republicans were instead sending US tax money to Israel while depriving public services of the funding they need, she said.

“Half of the Congressional budget is being spent on the endless war machine,” she said, referring to legislation providing $12.5 billion in military aid to Israel, which includes $3.8 billion from a bill in March and $8.7 billion from a supplemental appropriations act in April.

Although this is in no way half of the Congressional budget, which is worth $6.8 trillion, Stein said the outlay nonetheless meant “we are not meeting the emergencies that we have on healthcare, housing, education and the environment.”

“So this is a disaster for every American, and it’s really important that we not be talked into drinking the Kool-Aid,” she said, using a term that means having a cult-like faith in a dangerous idea because of wrongly perceived rewards.

Stein, who ran for the presidency in 2012 and 2016, said she was again putting her name on the ballot because she was concerned about the problems that Americans were facing, which she believes neither of the two main parties are addressing.

Americans “need a new political option that is in the public interest,” she said, insisting the Green Party offered a greater focus on American needs than either the Republicans or the Democrats.

On the same episode of The Ray Hanania Radio Show, in an interview recorded a couple of days earlier, former Chicago Congressman Bill Lipinski — who represented one of the largest concentrations of Arab and Muslim voters in the US — said American voters should not take the role of third-party candidates like Stein for granted.

Although it is extremely difficult for a third-party candidate to break the two-party system and win a presidential election, Lipinski said they could have a disproportionate impact on the outcome, particularly in swing states where every vote counted.

Given today’s polarized, emotion-driven politics, Lipinski said the US election system should be changed to better accommodate third-party candidates.

“At times I would like to see a third party. There are other times when I think (it is better having just) two parties. In another time in another place, two parties were sufficient. Today, I don’t believe that’s the case,” he said.

“Today I would really like to see a third party because, unfortunately, the Republicans are controlled to a great extent nowadays by their extreme right wing, the Democrats by their extreme left wing. That’s not good for the parties. Nor is it good for the country.”

The Green Party has run candidates in several presidential elections, often making a significant impact on the final outcome. Ralph Nader, the party’s candidate in the 2000 poll, drew votes away from Democratic Vice President Al Gore, contributing to his loss to Republican George W. Bush.

When Stein ran as the Green Party candidate in 2016, she drew significant support away from Democrat Hillary Clinton, who lost to Republican Donald Trump.

To those who might argue that a vote for the Green Party means splitting the progressive vote, making it easier for the Republicans to succeed, Stein insisted that neither the Democrats or Republicans “own those votes.”

“They don’t belong to parties. They belong to people.”

You can listen to the full interview with US presidential candidate Jill Stein and former US Congressman Bill Lipinski online at ArabNews.com/RayRadioShow.

 


As US colleges raise the stakes for protests, activists are weighing new strategies

As US colleges raise the stakes for protests, activists are weighing new strategies
Updated 07 September 2024
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As US colleges raise the stakes for protests, activists are weighing new strategies

As US colleges raise the stakes for protests, activists are weighing new strategies
  • “You always have to risk something to create change and to create a future that we want to live in,” said Howell-Egan, a member of the school’s Students for Justice in Palestine chapter
  • The stakes have gone up this fall for students protesting the war in Gaza, as US colleges roll out new security measures and protest guidelines

WASHINGTON: University of Southern California law student Elizabeth Howell-Egan isn’t allowed on campus because of her role in last spring’s anti-war protests, but she is keeping up her activism.
She and like-minded students are holding online sessions on the Israel-Hamas war and passing out fliers outside the campus, which is now fortified with checkpoints at entrances and security officers who require students to scan IDs.
“Change is never comfortable. You always have to risk something to create change and to create a future that we want to live in,” said Howell-Egan, a member of the school’s Students for Justice in Palestine chapter, which is calling on USC to divest from companies profiting off the war.
The stakes have gone up this fall for students protesting the war in Gaza, as US colleges roll out new security measures and protest guidelines — all intended to avoid disruptions like last spring’s pro-Palestinian demonstrations and protect students from hate speech. Activism has put their degrees and careers at risk, not to mention tuition payments, but many say they feel a moral responsibility to continue the movement.
Tent encampments — now forbidden on many campuses — so far have not returned. And some of the more involved students from last spring have graduated or are still facing disciplinary measures. Still, activist students are finding other ways to protest, emboldened by the rising death toll in Gaza and massive protests this month in Israel to demand a ceasefire.
Tensions over the conflict have been high on American campuses since the war began on Oct. 7, when Hamas-led militants killed 1,200 people in Israel and took 250 hostage. The war in Gaza has killed more than 40,000 people, according to Gaza health officials.
As the pro-Palestinian demonstrations took off nationally, Jewish students on many campuses have faced hostility, including antisemitic language and signs. Some colleges have faced US civil rights investigations and settled lawsuits alleging they have not done enough to address antisemitism.
A desire ‘to be part of something’
Temple University senior Alia Amanpour Trapp started the school year on probation after being arrested twice last semester during pro-Palestinian protests. Within days, she was back on the university’s radar for another demonstration.
As she reflects on the fallout from her activism, she thinks of her grandfather, a political prisoner killed in 1988 massacres orchestrated by Iran’s Ayatollah Khomeini.
“He paid the ultimate price for what he believed in. And so, I feel like the least I can do is stand my ground and face it,” she said.
Trapp, a political science major, devotes much of her time outside classes to Students for Justice in Palestine, which led her to the back-to-school protest on Aug. 29. The group of a few dozen protesters made several stops, including outside the Rosen Center, a hub of Jewish life that is home to Temple’s Hillel Chapter.
Some Jewish students inside said they were shaken by the demonstration. Protesters used megaphones to direct chats toward people inside, Temple President Richard Englert said. The university called it intimidation and opened an investigation.
“Targeting a group of individuals because of their Jewish identity is not acceptable and intimidation and harassment tactics like those seen today will not be tolerated,” Englert said.
Trapp said they were not out to intimidate anyone, but to condemn Hillel for what she called its support of Zionism. “To the students inside that felt threatened or harmed, I’m sorry,” she said.
Trapp is appealing a Temple panel’s ruling that she violated the college’s conduct code last spring. As she reflects on the discipline, she recalls a Temple billboard she saw on Interstate 95 after her first visit to campus.
“Because the world won’t change itself,” the ad beckoned. It reassured her that Temple was the right fit. “I so badly wanted to be part of something, you know, meaningful,” she said, “a community committed to change.”
A renewed push for divestment
At Brown University, some students who were arrested last spring are taking another tack to pressure the Ivy League school to divest its endowment from companies with ties to Israel.
Last spring, the university committed to an October vote by its governing board on a divestment proposal, after an advisory committee weighs in on the issue. In exchange, student protesters packed up their tents.
Now students including Niyanta Nepal, the student body president who was voted in on a pro-divestment platform, say they intend to apply pressure for a vote in favor of divestment. They are rallying students to attend a series of forums and encouraging incoming students to join the movement.
Colleges have long rebuffed calls to divest from Israel, which opponents say veers into antisemitism. Brown already is facing heat for even considering the vote, including a blistering letter from two dozen state attorneys general, all Republicans.
Rafi Ash, a member of the Brown University Jews For Ceasefire Now and Brown Divest Coalition, declined to say what activism might look like if the divestment push fails. A Jewish student who was among 20 students arrested during a November sit-in at an administrative building, Ash dismisses critics who see the anti-war protests as antisemitic.
“The Judaism I was taught promotes peace. It promotes justice. It promotes ‘tikkun olam’ — repairing the world,” said Ash, who is on disciplinary probation. “This is the most Jewish act I can do, to stand up for justice, for everyone.”
Barred from campus, but strategizing on protests
For Howell-Egan, the crackdown at USC and her suspension only deepened her desire to speak out.
“Even with this threat of USC imposing sanctions and disciplinary measures, I am at peace with it because I am standing up for something that is important,” Howell-Egan said. “There are no more universities in Gaza. We are in an incredibly privileged position for this to be our risk.”
She is not allowed to attend in-person classes because she was suspended in May for joining protests at the private school in Los Angeles.
There has been a trend of heavier punishments for students engaging in activism than in the past, including banishment from campus and suspensions that keep students “in limbo for months,” said Tori Porell, an attorney with the nonprofit Palestine Legal, which has supported student protesters facing disciplinary measures. Howell-Egan sees it as part of a strategy to stifle free speech.
In a memo this month, USC President Carol Folt said the campus has seen peaceful protests and marches for years. “However, the spring semester brought incidents that tested our values, disregarded our policies, sparked fears, and required unprecedented safety measures,” she said.
For now the focus of the USC Divest Coalition, which includes several student organizations, has moved off campus, to incorporate the wider community and take a cautious approach as students get a handle on the university’s new rules, Howell-Egan said.
In addition to the community outreach, students have been holding teach-ins.
“The idea is to raise our skill set and our understanding of where we stand in this moment, and where we are in this fight,” Howell-Egan said, “especially as we continue with it.”