Trump says Fed’s rate cut was ‘political move’

Trump says Fed’s rate cut was ‘political move’
Federal Reserve Board Chair Jerome Powell. (Reuters)
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Updated 20 September 2024
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Trump says Fed’s rate cut was ‘political move’

Trump says Fed’s rate cut was ‘political move’

WASHINGTON: Republican presidential candidate Donald Trump said on Thursday the US Federal Reserve’s decision to cut interest rates by half of a percentage point was “a political move.”
“It really is a political move. Most people thought it was going to be half of that number, which probably would have been the right thing to do,” Trump said in an interview with Newsmax.
The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction.
Trump said last month that US presidents should have a say over decisions made by the Federal Reserve.
The Fed chair and the other six members of its board of governors are nominated by the president, subject to confirmation by the Senate. The Fed enjoys substantial operational independence to make policy decisions that wield tremendous influence over the direction of the world’s largest economy and global asset markets.


Saudi Arabia has launched 22 new routes this year as part of tourism drive, ACP’s CEO says

The CEO of the Air Connectivity Program Majid Khan speaks at the Umrah+ Connect event in London on Monday November 4, 2024. (AN
The CEO of the Air Connectivity Program Majid Khan speaks at the Umrah+ Connect event in London on Monday November 4, 2024. (AN
Updated 7 sec ago
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Saudi Arabia has launched 22 new routes this year as part of tourism drive, ACP’s CEO says

The CEO of the Air Connectivity Program Majid Khan speaks at the Umrah+ Connect event in London on Monday November 4, 2024. (AN
  • Kingdom has attracted 12 new airlines to date in 2024

LONDON: Saudi Arabia has launched 22 new routes from various destinations to the Kingdom this year, increasing tourist seating capacity by nearly 2 million, the CEO of the Air Connectivity Program has said.

Speaking at the Umrah+ Connect business-to-business event in London on Monday, Majid Khan said the Kingdom had attracted 12 new airlines to date in 2024.

Khan said: “There has been good expansion out of the UK. Virgin Atlantic is going to start daily flights from Heathrow to Riyadh in March; British Airways launched flights to Jeddah yesterday; Wizz Air will also be operating Gatwick to Jeddah flights daily.

“We are definitely focusing on our own carriers as well, because they are definitely our first priority; Flynas, flyadeal, Saudia, and Riyadh Air in the future.

“But we are also proactively working with international carriers in order to help us to get a higher share of inbound tourism to the Kingdom, as they have their sales and marketing channels in this part of the world.

“We know that the majority of BA travelers are not Saudis. They are actually travelers from the UK market, from their network in Europe and North America.”

Saudi Arabia has a strong, strategic location and travelers can reach more than half of the world within a six-hour flight, Khan said. He added that the ACP was working to deliver 150 million tourists to the Kingdom as part of Saudi Vision 2030.

He said: “Saudi Arabia is like one continent. We have 1,700 km of coastline, the new Maldives that’s actually the Red Sea, the two holiest sites for Muslims in the world, and mountainous regions.

“In the south we have Abha and Jazan, which I would personally call the Switzerland of Saudi Arabia. So it’s definitely an untouched wonder.”

An exhibition at the event highlighted new tourism developments in the Kingdom that British pilgrims can enjoy, including religious sites and activities that promote an understanding of Saudi cultural heritage.

Khan said the ACP was trying to revolutionize the way pilgrims travel, allowing them to holiday in the Kingdom after performing their religious rituals.

He said: “If we take the UK market, travelers typically have one Umrah ticket in their pocket to perform the minor pilgrimage with their family and friends. They then come back again to the UK, and have a separate ticket to either Dubai, Istanbul, or Malaga.

“This is something we would like to change. Travelers can perform Umrah, see the sacred places, and then save their tickets and continue to travel around the Kingdom. That’s the way we try to position Saudi Arabia.”

Rashid Mohammed, the organizer of Umrah+ Connect, said that Monday’s event had provided an opportunity for Umrah travel agents to network and grow their businesses.

Rashid Mohammed, the organizer of Umrah+ Connect (fourth from right), poses with the team from the Pilgrim Experience Program. (Umrah+ Connect)

Mohammed said: “We’ve brought you a diverse experience here in London, and it’s for you to use these tools, through connecting with people, to create packages that enhance and enrich pilgrim experiences.

“We’re also grateful for the support of the Ministry of Hajj and Umrah, and the Umrah and Ziyarah Forum, who are here today and have really backed us to put on this show.”


Father accused of Sara Sharif’s murder denies responsibility for death in UK trial

Sara Sharif was found dead in August 2023 at her home in Woking.
Sara Sharif was found dead in August 2023 at her home in Woking.
Updated 23 min 33 sec ago
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Father accused of Sara Sharif’s murder denies responsibility for death in UK trial

Sara Sharif was found dead in August 2023 at her home in Woking.
  • Prosecutor Bill Emlyn Jones told jurors at the start of the trial that Sara had suffered a litany of injuries, including burns and bite marks

LONDON: The father of Sara Sharif, a 10-year-old girl who was found dead in her home in Britain, denied responsibility for his daughter’s death as he gave evidence at his murder trial on Tuesday.
Sharif was found dead in August 2023 at her home in Woking, a town southwest of London, after what prosecutors say was a campaign of “serious and repeated violence.”
Prosecutor Bill Emlyn Jones told jurors at the start of the trial that Sara had suffered a litany of injuries, including burns and bite marks.
Her father Urfan Sharif, 42, his wife and Sara Sharif’s stepmother Beinash Batool, 30, and the girl’s uncle Faisal Malik, 29, are on trial at London’s Old Bailey court charged with her murder.
The trio are charged with causing or allowing the death of a child. All three deny the charges against them and blame each other for her death, prosecutors have said.
Emlyn Jones told jurors earlier this month that Urfan Sharif said to police: “It wasn’t my intention to kill her, but I beat her up too much.”
Sharif entered the witness box on Tuesday and was asked by his lawyer Naeem Mian whether he was responsible for Sara’s death. He replied: “No.”
He became emotional as he was asked by Mian to describe what Sara was like, saying she was “beautiful, an angel” and that her favorite color was pink.
Sharif accepted slapping Sara on “a few occasions” to discipline her, but denied beating her in a regular or sustained way.
Mian had said to the jury that Sharif had wrongly been painted as a “villain,” rather than Batool, for slapping Sara.
Batool’s case, prosecutors have previously said, is that Urfan Sharif was a “violent disciplinarian” and that she was scared of him.
The trial is expected to run until December.


Mount Fuji is still without its iconic snowcap for the first time in 130 years

Mount Fuji is still without its iconic snowcap for the first time in 130 years
Updated 05 November 2024
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Mount Fuji is still without its iconic snowcap for the first time in 130 years

Mount Fuji is still without its iconic snowcap for the first time in 130 years
  • The lack of snow on Mt. Fuji, a UNESCO World Heritage site, as of Tuesday breaks the previous record set on Oct. 26, 2016, meteorological officials said
  • Usually, the 3,776-meter- (nearly 12,300-foot-) high mountain has sprinkles of snow falling on its summit starting Oct. 2

TOKYO: Japan’s iconic Mount Fuji, known for its snowcap forming around this time of the year, is still snowless in November for the first time in 130 years, presumably because of the unusually warm temperatures in the past few weeks.
The lack of snow on Mt. Fuji, a UNESCO World Heritage site, as of Tuesday breaks the previous record set on Oct. 26, 2016, meteorological officials said.
Usually, the 3,776-meter- (nearly 12,300-foot-) high mountain has sprinkles of snow falling on its summit starting Oct. 2, about a month after the summertime hiking season there ends. Last year, snow fell on the mountain on Oct. 5, according to the Japan Meteorological Agency, or JMA.
The snowless Mt. Fuji has captured attention on social media. People posted photos showing the bare mountain, some expressing surprise and others concerned over climate change.
The JMA’s Kofu Local Meteorological Office, which keeps weather data in central Japan and was the agency that announced the first snowfall on Mt. Fuji in 1894, has cited October’s surprisingly summery weather as the reason.
The average October temperature is minus 2 Celsius (28.4 Fahrenheit) at the summit, but this year, it was 1.6 Celsius, (34.9 F), a record high since 1932.
Japan this year also had an unusually hot summer and warm autumn.
A symbol of Japan, the mountain called “Fujisan” used to be a place of pilgrimage. The mountain with its snowy top and near symmetrical slopes have been the subject of numerous forms of art, including Japanese ukiyoe artist Katsushika Hokusai’s Thirty-six Views of Mount Fuji.
Today, it attracts hikers who climb to the summit to see the sunrise. But tons of trash left behind and overcrowding have triggered concern and calls for environmental protection and measures to control overtourism.


Supreme Court overturns Islamic schools ban in India’s most populous state

Supreme Court overturns Islamic schools ban in India’s most populous state
Updated 05 November 2024
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Supreme Court overturns Islamic schools ban in India’s most populous state

Supreme Court overturns Islamic schools ban in India’s most populous state
  • There are 2.6 million students and about 25,000 Muslim religious schools in Uttar Pradesh
  • Article 30 of India’s Constitution guarantees the right of minorities to run educational institutions

NEW DELHI: India’s top court overturned on Tuesday an order that banned Islamic schools in Uttar Pradesh, effectively permitting over 2 million students in the country’s most populous state to return to their studies in madrasas.

Islam is the second-largest religion in Uttar Pradesh, accounting for some 20 percent of its 230 million population.

In March, Uttar Pradesh’s Allahabad High Court scraped a 2004 law governing madrasas in the state, saying it violated India’s constitutional secularism and ordering that students be moved to conventional schools. The Supreme Court put it on hold in April after receiving petitions challenging the order.

Tuesday’s ruling by the top court will allow about 2.6 million students and 10,000 teachers to return to the 25,000 Muslim religious schools operating in the northern Indian state.

“The Allahabad High Court erred in holding that the madrasa law had to be struck down for violating basic structure, which is the principle of secularism,” Chief Justice D.Y. Chandrachud said in court. “The constitutional validity of a statute cannot be challenged for violation of the basic structure of the Constitution.”

Article 30 of India’s Constitution guarantees the right of minorities to establish and administer educational institutions.

“The Madrasa Act is consistent with the positive obligation of the state to ensure that students studying in recognized madrasas attain a level of competency which will allow them to effectively participate in society and earn a living.”

Madrasas provide a system of education in which students are taught the Qur’an, Islamic history and general subjects like math and science.

In states governed by Prime Minister Narendra Modi’s Bharatiya Janata Party, such as Uttar Pradesh and Assam, authorities have been converting hundreds of madrasas into regular schools.

“This is a landmark judgment and puts a brake to all the negative campaigns that have been going on against madrasas across the country,” Wahidullah Khan, secretary-general of the All-India Teachers Association Madaris Arabia, told Arab News.

“For us, it’s a big relief. It provides a new lease of life to thousands of madrasas across the country. The Islamic schools have been taking care of the basic education of millions of Muslims across the country and we were under lots of pressure because of the communal campaign against Muslims and their educational institutions.”

With over 200 million Indians professing Islam, Hindu-majority India has the world’s largest Muslim-minority population.

Indian Muslims have faced increasing discrimination and challenges in the past decade, accompanied by tensions and riots ignited by majoritarian policies of the Hindu right-wing BJP since it rose to power in 2014.

“We were waiting for this kind of verdict. It’s quite welcoming and relieving for the Muslim community,” Iftikhar Ahmed Javed, BJP member and former chairman of the Uttar Pradesh Board of Madrasa Education, told Arab News.

“The judgment brings relief to all,” he said. “There has been a systematic attempt to stigmatize the Islamic schools over the years and brand them as vicious, but the ruling of the Supreme Court should now stop this negative campaign.”


Supreme Court overturns Islamic schools ban in India’s most populous state

Supreme Court overturns Islamic schools ban in India’s most populous state
Updated 05 November 2024
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Supreme Court overturns Islamic schools ban in India’s most populous state

Supreme Court overturns Islamic schools ban in India’s most populous state
  • There are 2.6 million students and about 25,000 Muslim religious schools in Uttar Pradesh
  • Article 30 of India’s Constitution guarantees the right of minorities to run educational institutions

NEW DELHI: India’s top court overturned on Tuesday an order that banned Islamic schools in Uttar Pradesh, effectively permitting over two million students in the country’s most populous state to return to their studies in madrasas. 

Islam is the second-largest religion in Uttar Pradesh, accounting for some 20 percent of its 230 million population. 

In March, Uttar Pradesh’s Allahabad High Court scraped a 2004 law governing madrasas in the state, saying it violated India’s constitutional secularism and ordering that students be moved to conventional schools. The Supreme Court put it on hold in April after receiving petitions challenging the order. 

Tuesday’s ruling by the top court will allow about 2.6 million students and 10,000 teachers to return to the 25,000 Muslims religious schools operating in the northern Indian state.

“The Allahabad High Court erred in holding that the madrasa law had to be struck down for violating basic structure, which is the principle of secularism,” Chief Justice D.Y. Chandrachud said in court. “The constitutional validity of a statute cannot be challenged for violation of the basic structure of the Constitution.” 

Article 30 of India’s Constitution guarantees the right of minorities to establish and administer educational institutions. 

“The Madrasa Act is consistent with the positive obligation of the state to ensure that students studying in recognized madrasas attain a level of competency which will allow them to effectively participate in society and earn a living.” 

Madrasas provide a system of education in which students are taught Qur’an, Islamic history and general subjects like math and science. 

In states governed by Prime Minister Narendra Modi’s Bharatiya Janata Party, such as Uttar Pradesh and Assam, authorities have been converting hundreds of madrasas into regular schools. 

“This is a landmark judgment and puts a brake to all the negative campaigns that has been going on against madrasas across the country,” Wahidullah Khan, secretary-general of the All-India Teachers Association Madaris Arabia, told Arab News. 

“For us, it’s a big relief. It provides a new lease of life to thousands of madrasas across the country. The Islamic schools have been taking care of the basic education of millions of Muslims across the country and we were under lots of pressure because of the communal campaign against Muslims and their educational institutions.” 

With over 200 million Indians professing Islam, Hindu-majority India has the world’s largest Muslim-minority population. 

Indian Muslims have faced increasing discrimination and challenges in the past decade, accompanied by tensions and riots ignited by majoritarian policies of the Hindu right-wing BJP since it rose to power in 2014. 

“We were waiting for this kind of verdict. It’s quite welcoming and relieving for the Muslim community,” Iftikhar Ahmed Javed, BJP member and former chairman of the Uttar Pradesh Board of Madrasa Education, told Arab News. 

“The judgment brings relief to all,” he said. “There has been a systematic attempt to stigmatize the Islamic schools over the years and branding them as vicious but the ruling of the Supreme Court should now stop this negative campaign.”