Egypt
to receive $4.8 billion from IMF
The International Monetary Fund (IMF) and the Egyptian
authorities have reached an agreement on a 22-month stand-by arrangement (SBA)
for the total sum of $4.8 billion US dollars, IMF said Monday. The financial
aid is to support Egypt’s
“pressing economic and social challenges during a difficult time of political
transformation” through the year 2013/14. Egypt
has pledged to carry out fiscal reforms that will boost social spending and
infrastructure investment, as well as cut the large budget deficit, the IMF
mission head Bauer said. Egypt’s
authorities are to ensure “a fair and competitive business environment” and
support small and medium-size enterprises, Bauer added. IMF Executive Board’s
approval of the SBA is expected in several weeks’ time. Earlier, the EU has
granted Egypt a
financial aid package in the amount of $6.3 billion.#
Northern Ireland
to host 2013 G8 summit
Luxury golf resort Lough Erne, near the picturesque city of
Enniskillen in southwestern Northern
Ireland, will be the venue of next year's G8
Summit, scheduled for June 17-18. The site is located not far from the border
with the Republic of Ireland.
In 2011, the resort announced bankruptcy and was put up for sale for $10
million. It is for the first time that an international event of such scale
will be held in the country, as it was previously considered to be unsafe due
to the simmering religious conflict.
Goma in DR Congo falls to M23 rebels
The M23 rebel group, which the UN says is backed by Rwanda,
has marched into the eastern Congolese city of Goma
as the national army flees, despite the presence of UN peacekeepers. Police
surrendered their weapons and no shots were fired. There have been warnings of
a humanitarian disaster if the fighting in the area continues. More than 50,000
people have fled camps and homes since Sunday and are in dire need of shelter,
water and food.
This latest round of fighting broke out in April after M23 rebels, who were at the time in the Congolese Army, asked for a pay rise and negotiations. When their demands were refused, fighting broke out. Eastern Congo is rich in minerals but beset with tribal differences, which are seen as the real reasons for the conflict.
Thousands of Amnesty International employees strike in
London
Protesting employees of Amnesty International rallied today
near the company’s headquarters. The strike was triggered by the company’s
announcement it would fire a number of its workers. The management of Amnesty
International is planning to reorganize the company and to transfer 500 of its
jobs to 10 different regions that violate human rights, according to activists.
The walkout is expected to only take place at Amnesty International’s London
office, though protests have already taken place at some of the company’s
international offices.
UK
charges PM’s former aide and media CEO with bribery
British authorities have charged Prime Minister David
Cameron’s former media chief and the ex-CEO of News International for illegally
paying officials for information. Andy Coulson, who worked as Cameron’s chief of
communications from 2007 to 2011, is accused of paying for information from Buckingham
Palace’s internal phone directory.
Separately, former CEO Rebekah Brooks who worked as an editor for UK
publications the News of the World and the Sun has been charged over supposedly
bribing an official from the Ministry of Defense.
Polish police arrest man accused of plotting terror
attack against Parliament
Polish authorities have taken into custody a man who was
allegedly planning to carry out a terror attack on Warsaw’s
Parliament building while the President, prime minister and several government
ministers and lawmakers were inside. The 45-year-old Polish academic professor
had access to chemistry labs and was also in possession of illegal explosives,
munitions and guns. Two other men with illegal firearms were also arrested in
connection to the plot.
Pakistani high court dismisses blasphemy case against
14-year-old girl
Pakistan’s
Islamabad High Court confirmed it has dropped charges against 14-year-old
Rimsha Masih, a Christian girl who was accused of committing blasphemy. Masih
spent three weeks on remand in an adult jail after she was arrested on August
16 for allegedly burning pages from the Koran. Masih’s arrest prompted
worldwide condemnation, and she was released on bail in September. Police have
since told the courts that she was not guilty, and that a cleric who allegedly
framed her should face trial instead.
NATO to supply Turkey
with Patriot missiles
Turkey
has reached an agreement with two NATO nations to supply Patriot air defense
missile systems to Ankara, Foreign
Minister Ahmet Davutoglu announced. Ankara
discussed the issue in Brussels
with the heads of foreign and defense ministries of EU member-states. Germany
has agreed to supply Turkey
with two Patriot missile batteries, and the Netherlands
will supply another. Ankara expressed
interest in acquiring additional air defense systems after a number of
incidents on the Turkey-Syria border. In June, Syria
downed a Turkish scout fighter jet that they claimed had violated Syrian
airspace. In October, Turkey
bombarded Syrian army positions in response to the alleged shelling of Turkish
territory.
Georgia’s
ex-Defense Minister arrested
Georgia’s
former Minister of Defense Irakly Okruashvili was arrested Tuesday morning
immediately after crossing the country’s border. Many have accused Georgian
President Mikhail Saakashvili of political motivations in the continuing
investigation into a number of cases against Okruashvili. In 2007, Okruashvili
fled Georgia
after being accused of bribery and of illegally forming armed groups. The
ex-minister has been incarcerated in Gldan prison in the capital Tbilisi.
Congo rebels, army clash in country’s north
Rebels reportedly backed by Rwanda
have fired mortars and machine guns on the outskirts of Congo’s
provincial capital of Goma. The gunfire and explosions erupted in the early
afternoon, with shells landing as far away as the city’s international airport
and near a United Nations camp, causing flights to be rerouted and prompting
the UN to evacuate most of its employees, officials said. The threat to one of
the largest cities in eastern Congo
could drag the Central African nation back into war.
UK
Queen becomes first monarch to reach 65th wedding anniversary
The Queen and the Duke of Edinburgh will spend their blue
sapphire wedding anniversary together privately at Buckingham
Palace. Princess Elizabeth and
Prince Philip of Greece
married on November 20, 1947,
at Westminster Abbey, where the Duke and Duchess of Cambridge
wed last year. That wedding was believed to have boosted the Royal Family’s
image, recalling austere post-WWII days.
France ends combat missions in Afghanistan
French troops in Afghanistan
have ended combat operations in the country, Europe 1
radio reported. French troops have begun to withdraw from the Nijrab military
base in Kapisa province, where 400 soldiers are stationed. As of today, 2,200
French servicemembers are deployed in Afghanistan,
700 of which are expected to return home by the end of the year. Some 50
instructors are expected to remain in Wardak province in Central
Afghanistan, and another 1,500 will still serve in Kabul.
Most French troops will have left Afghanistan
by summer 2013, though several hundred will stay as instructors and advisers to
help the Afghan police and army with security-related issues.
Iran
sends missiles to Gaza
– report
A bulk consignment of short and long-range Iranian missiles
is en route to Gaza to help the
Palestinian defense against Israel,
DEBKAfile reports. An Iranian 150-ton freighter is loaded with 220 short-range
missiles and 50 long-range Fajar-5 rockets with 200-kilo warheads, the agency
learned. The cargo, according to DEBKAfile, is to be transferred at sea to four
Sudanese shipping boats. Later, it is alleged that the weapons will be
transferred via the Sinai coast and then through smuggling tunnels into Gaza.
This at a time when the international community is trying to broker a peace
deal in the crisis which so far has taken the lives of more than a hundred
Palestianian civilians and left almost a thousand injured.
Pakistan
shows off first drones
Pakistan
has unveiled its first drone prototypes at the International Defense Exhibition
in Karachi. The Pakistani Federal
Minister for Defense acknowledged that the country's UAV technology is at the
early stages of development and does not have the capacity to carry weapons but
has been used for surveillance. Islamabad has asked Washington provide it with
armed UAVs so Pakistan can eventually transition into carrying out its own
combat missions, which until now have been conducted by the Americans. Washington
so far has remained reluctant to offer its ally in the war on terror the
militarily sensitive technology.
At least 6 injured in Cairo
clashes
At least three policemen and three protesters have been
injured in clashes in Egypt’s
Tahrir square, MENA news agency reports. The violence erupted after protesters
tried to overturn a barrier on Mohammed Mahmud Street.
Around 50 political parties and movements took part in the event. They are
outraged, that a year after the uprising, no police officers have been held
accountable for violence against the revolutionaries who demanded the army
transfer power to a civilian government. At least 45 people died in 2011, in
what came to be known as the uprising on Mohammed
Mahmud street.
No comments:
Post a Comment