Saudi crown prince’s visit to Pakistan raises hopes for trade boost
Experts say the strong strategic and defense relationship needs to be extended to trade cooperation
Updated 17 February 2019
Aamir Shah
ISLAMABAD: The Saudi crown prince’s visit to Pakistan must be utilized to open new avenues of cooperation between the staunch allies, Pakistani analysts said.
Mohammed bin Salman is expected to bring with him a record investment package, including a $10 billion refinery and oil complex in the deepwater Gwadar Port on the Arabian Sea.
Former Pakistani diplomat Javed Hafeez said bilateral relations have so far mostly revolved around defense and strategic cooperation, but there is a need to “diversify” and focus on trade and economic cooperation.
“Trade between both Islamic countries is minimal, and this needs to be enhanced to the fullest,” Hafeez told Arab News.
There is huge potential for Pakistan to increase its exports of food items, garments, medicines and sports goods to the Kingdom, he said.
“The crown prince’s visit is good news for Pakistan, as this shows Saudi Arabia’s close association and love for our people,” Hafeez added.
The crown prince has emerged as “one of the most influential figures in the Muslim world,” and his visit to Pakistan will “definitely open new avenues of cooperation between both countries,” Hafeez said.
Last year, Saudi Arabia agreed to give Pakistan $3 billion in foreign currency support for a year, and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis. Pakistan has so far received $3 billion in cash.
Rasul Bukhsh Rais, professor of political science, said the crown prince’s visit is a “welcome move at a time when Pakistan is struggling to improve its image as a peaceful country in the international community.”
Rais added that Islamabad should include Saudi Arabia as a third partner in the $60 billion China-Pakistan Economic Corridor, which aims to turn Pakistan into a major route linking western China to the world.
“Saudi Arabia can easily connect to China and Central Asian states by using Pakistan’s strategic location in the region,” he said. “Wider economic cooperation between these countries will help the whole region prosper.”
International affairs analyst Zafar Nawaz Jaspal said the crown prince’s visit will help expand bilateral relations and accelerate much-needed trade and economic cooperation.
“The crown prince’s visit … will help materialize numerous investment projects in Pakistan,” Jaspal added. “In today’s world, mutual economic association and bilateral trade … are considered to be a yardstick to determine the depth of the (Saudi-Pakistani) relationship.”
Indonesia volcano eruption kills 6, sets villages aflame
Some wooden houses caught fire, and the ground was pockmarked with holes caused by flying molten rocks
Updated 30 sec ago
AFP
East Flores: A volcano in eastern Indonesia erupted overnight killing at least six people as it spewed fireballs and ash on surrounding villages, officials said Monday, as they raised its alert status to the highest level. Mount Lewotobi Laki-Laki, a 1,703-meter (5,587-feet) twin volcano located on the popular tourist island of Flores, first erupted shortly before midnight, forcing authorities to evacuate several villages. “Six fatalities have been confirmed,” Abdul Muhari, spokesman of the country’s disaster mitigation agency (BNPB), told Kompas TV. Footage received by AFP showed villages near the volcano covered by thick ash, with some areas on fire. An AFP journalist near the volcano said five villages evacuated, affecting thousands of residents. Some wooden houses caught fire, and the ground was pockmarked with holes caused by flying molten rocks. The crater erupted just before midnight and then again at 1:27 am (1727 GMT Sunday) and 2:48 am, the country’s volcanology agency said. It raised the alert level to the highest and told locals and tourists not to carry out activities within a seven-kilometer (4.3-mile) radius of the crater. “There has been a significant increase in volcanic activity on Mount Lewotobi Laki-laki,” it said in a press release Monday. It released images that showed the roofs of houses collapsed after they were hit by volcanic rocks, and locals sheltering in communal buildings. The volcanology agency warned there was a potential for rain-induced lava floods and told locals to wear masks to avoid the effects of volcanic ash. There were a series of eruptions at the volcano last week, the biggest on Thursday, sending a column of ash 2,000 meters (6,500 feet) into the sky. The mountain had several major eruptions in January, prompting authorities at the time to raise the alert status to the highest level and evacuate at least 2,000 residents. Indonesia, a vast archipelago nation, experiences frequent eruptions due to its position on the Pacific “Ring of Fire,” an area of intense volcanic and seismic activity. In December last year, an eruption at one of the country’s most active volcanoes, Mount Marapi in West Sumatra, killed at least 24 climbers, most of them university students. And in May, more than 60 people died after heavy rains washed volcanic material from Marapi into residential areas, sweeping away homes. That month Mount Ruang in North Sulawesi province erupted more than half a dozen times, forcing thousands of residents of nearby islands to evacuate.
What to know about the unprecedented floods that killed more than 200 in Spain
Scientists said the immediate cause of the flooding is called a cut-off lower-pressure storm system that migrated from an unusually wavy and stalled jet stream
The extreme weather event came after Spain battled with prolonged droughts in 2022 and 2023. Experts say that drought and flood cycles are increasing with climate change
Updated 55 min 4 sec ago
AP
Scientists said the immediate cause of the flooding is called a cut-off lower-pressure storm system that migrated from an unusually wavy and stalled jet stream
The extreme weather event came after Spain battled with prolonged droughts in 2022 and 2023. Experts say that drought and flood cycles are increasing with climate change
VALENCIA, Spain: In a matter of minutes, flash floods caused by heavy downpours in eastern Spain swept away almost everything in their path. With no time to react, people were trapped in vehicles, homes and businesses. Many died and thousands of livelihoods were shattered.
Five days later, authorities have recovered 217 bodies — with 213 of them in the eastern Valencia region. They continued to search on Sunday for an unknown number of missing people with the help of some 5,000 fresh soldiers who arrived over the weekend.
An enraged crowd in hard-hit Paiporta hurled mud and other objects at Spain’s royals, Prime Minister Pedro Sánchez and regional officials when the leaders made their first visit to the epicenter of the flood damage on Sunday.
Thousands of volunteers were helping to clear away the thick layers of mud and debris that still covered houses, streets and roads, all while facing drinking water cuts and shortages of some basic goods. Inside some of the vehicles that the water washed away or trapped in underground garages, there were still bodies waiting to be identified.
Here are a few things to know about Spain’s deadliest storm in living memory: What happened?
The storms concentrated over the Magro and Turia river basins and, in the Poyo riverbed, produced walls of water that overflowed riverbanks, catching people unaware as they went on with their daily lives on Tuesday evening and early Wednesday.
In the blink of an eye, the muddy water covered roads and railways, and entered houses and businesses in towns and villages on the southern outskirts of Valencia city. Drivers had to take shelter on car roofs, while residents took refuge on higher ground.
Spain’s national weather service said that in the hard-hit locality of Chiva, it rained more in eight hours than it had in the preceding 20 months, calling the deluge “extraordinary.” Other areas on the southern outskirts of Valencia city didn’t get rain before they were wiped out by the wall of water that overflowed the drainage canals.
When authorities sent alerts to mobile phones warning of the seriousness of the flooding and asking people to stay at home, many were already on the road, working or covered in water in low-lying areas or underground garages, which became death traps. Why did these massive flash floods happen?
Scientists trying to explain what happened see two likely connections to human-caused climate change. One is that warmer air holds and then dumps more rain. The other is possible changes in the jet stream — the river of air above land that moves weather systems across the globe — that spawn extreme weather.
Climate scientists and meteorologists said the immediate cause of the flooding is called a cut-off lower-pressure storm system that migrated from an unusually wavy and stalled jet stream. That system simply parked over the region and poured rain. This happens often enough that in Spain they call them DANAs, the Spanish acronym for the system, meteorologists said.
And then there is the unusually high temperature of the Mediterranean Sea. It had its warmest surface temperature on record in mid-August, at 28.47 degrees Celsius (83.25 degrees Fahrenheit), said Carola Koenig of the Center for Flood Risk and Resilience at Brunel University of London.
The extreme weather event came after Spain battled with prolonged droughts in 2022 and 2023. Experts say that drought and flood cycles are increasing with climate change.
Has this happened before?
Spain’s Mediterranean coast is used to autumn storms that can cause flooding, but this episode was the most powerful flash flood event in recent memory.
Older people in Paiporta, at the epicenter of the tragedy, say Tuesday’s floods were three times as bad as those in 1957, which caused at least 81 deaths. That episode led to the diversion of the Turia watercourse, which meant that a large part of the town was spared of these floods.
Valencia suffered two other major DANAs in the 1980s, one in 1982 with around 30 deaths, and another one five years later that broke rainfall records.
The flash floods also surpassed the flood that swept away a campsite along the Gallego river in Biescas, in the northeast, killing 87 people, in August 1996. What has the state response been?
Management of the crisis, classified as level two on a scale of three by the Valencian government, is in the hands of the regional authorities, who can ask the central government for help in mobilizing resources.
At the request of Valencia’s regional president, Carlos Mazón, Sánchez announced Saturday the deployment of 5,000 more soldiers who will join rescue efforts, clear debris and provide water and food. The new soldiers will join the 2,500 others involved in the emergency work.
The government has also pledged to send 5,000 more Civil Guard gendarmes and National Police officers to the region, nearly doubling the 4.500 already there.
When many of those affected said they felt abandoned by the authorities, a wave of volunteers arrived to help. Carrying brooms, shovels, water and basic foods, hundreds of people walked several kilometers to deliver supplies and help clean up the worst-affected areas.
Sánchez’s government is expected to approve a disaster declaration on Tuesday that will allow quick access to financial aid. Mazón has announced additional economic assistance.
The Valencia regional government was criticized for not sending out flood warnings to cellphones until 8 p.m. on Tuesday, when the flooding had already started in some places and well after the national weather agency issued a red alert indicating heavy rains.
Indonesia’s Laki-laki volcano on Flores Island erupts, killing 9 people
Fiery lava and rocks hit the nearest settlements around four km from the crater, burning and damaging residents’ houses
Indonesia sits on the “Pacific Ring of Fire,” an area of high seismic activity atop multiple tectonic plates
Updated 04 November 2024
Reuters
JAKARTA: At least nine people died after Mount Lewotobi Laki-laki in eastern Indonesia erupted on Sunday, spewing explosive plumes of lava and forcing authorities to evacuate several nearby villages, officials said on Monday.
Mount Lewotobi Laki-laki, located on Flores Island in East Nusa Tenggara province, erupted on Sunday at 23.57 local time (15:57 GMT), belching a fiery-red column of lava, volcanic ash and incandescent rocks, Hadi Wijaya, a spokesperson for The Center of Volcanology and Geological Hazard Mitigation (PVMBG), said on Monday.
“After the eruption, there was power outage and then it was raining and big lightning which caused panic among residents,” he told Reuters, adding that the authority had raised the status of the volcano to level IV or the highest.
The agency has recommended a seven-kilometer (4.35 miles)radius must be cleared.
Fiery lava and rocks hit the nearest settlements around four km from the crater, burning and damaging residents’ houses, Hadi said.
As of Monday morning at least nine people had died, said Heronimus Lamawuran, a local official at East Flores area, adding the eruption had affected seven villages.
“We have started evacuating residents since this morning to other villages located around 20 km (13 miles) from the crater,” he said.
The nearest villages were covered by thick volcanic ash on Monday morning, Heronimus added.
The authorities are still gathering data on the number of evacuees and damaged buildings.
Indonesia sits on the “Pacific Ring of Fire,” an area of high seismic activity atop multiple tectonic plates.
This eruption follows a series of eruptions of different volcanoes in Indonesia. In May, a volcano on the remote island of Halmahera, Mount Ibu, caused evacuation of people from seven villages.
North Sulawesi’s Ruang volcano has also erupted in May and prompted authorities to evacuate more than 12,000 people.
Flash floods and cold lava flow from Mount Marapi in West Sumatra province, covered several nearby districts following torrential rain on May 11, killing more than 60 people.
Harris, Obamas and voting rights leaders work to turn out Black voters in run-up to Election Day
How Black communities turn out in the 2024 election has been scrutinized due to the pivotal role Black voters have played in elections across the country
Democratic efforts have ranged from vigorous door-knocking campaigns in Atlanta, Detroit and Philadelphia this weekend to swing state rallies
Updated 04 November 2024
AP
MIAMI, Florida: Concerts and carnivals hosted at polling precincts. “Souls to the Polls” mobilizations after Sunday service. And star-studded rallies featuring Hollywood actors, business leaders, musical artists and activists.
Such seemingly disparate efforts all have a single goal: boost Black voter turnout ahead of Election Day.
How Black communities turn out in the 2024 election has been scrutinized due to the pivotal role Black voters have played in races for the White House, Congress and state legislatures across the country.
Vice President Kamala Harris, who if elected would be the second Black president, has made engaging Black voters a priority of her messaging and policy platform. Meanwhile, former president Donald Trump has sought to make inroads with Democrats’ most consistent voting bloc with unorthodox and at times controversial outreach.
A key strategy in Harris and Democrats’ Black voter outreach includes dispatching the first Black president and his wife, the former first lady, to battleground states where winning may come down to how well the Obamas convince ambivalent or apathetic voters that they must not sit this one out.
Democratic efforts have ranged from vigorous door-knocking campaigns in Atlanta, Detroit and Philadelphia this weekend to swing state rallies. Michelle Obama rallied voters in Norristown, Pennsylvania on Saturday alongside Grammy award-winning artist Alicia Keys while Barack Obama stumped in Milwaukee on Sunday. The former first lady also conducted her own scrupulously nonpartisan rally on Tuesday where speakers evoked the South’s Civil Rights history.
“I’m always amazed at how little so many people really understand just how profoundly elections impact our daily lives,” Michelle Obama said. “Because that’s really what your vote is, it is your chance to tell folks in power what you want.”
Efforts to boost Black voter turnout often start at the community level. In Miami, members of local churches gathered Sunday at the African Heritage Cultural Arts Center and marched to a nearby early voting center as part of a Souls to the Polls event.
“It helps a lot to encourage others to vote,” said Regina Tharpe, a Miami resident. She had voted earlier, but said people “get excited when they see us walking down the street. It encourages them to get out.”
Sharina Perez, a first-time voter, brought her mother, Celina DeJesus, to vote on the last day of early voting in Florida. She said a number of issues inspired her to vote. “It was for myself, my future, my mom’s future and for the younger generation,” she said.
Organizers focused on Black communities say they are often combating exhaustion and cynicism about politics, especially among younger Black voters and Black men. But they are cautiously optimistic that their efforts will bear fruit.
“If you want the people who are going to be most impacted to come out, you have to go where they are,” said Jamarr Brown, executive director of Color of Change PAC, whose campaigns aimed at Black voters included live events in Georgia, Michigan, North Carolina, Pennsylvania and Wisconsin. The group has reached more than 8 million voters in those states through text messaging and digital in the last month, he said.
”We’ve been going to those precincts and communities, those new platforms and websites where there is so often misinformation targeting our communities,” Brown said.
Other events have had a more free-flowing structure. The Detroit Pistons, for instance, hosted a “Pistonsland” festival in a majority Black neighborhood featuring musical performances from rappers including Lil Baby, carnival games, food trucks and other fanfare alongside the opportunity to cast a ballot. The nonpartisan carnival was constructed next to an early voting polling place.
“I don’t like neither one,” said Karl Patrick, a Detroit native who attended the festival. He strongly backed Harris, however, “because Trump wants to be a dictator.” Not all of his close friends had come to the same conclusion — at least one of his friends was fervently backing the former president, he said.
Black voters are the most overwhelmingly Democratic voting demographic in the country. But the Trump campaign has made a more concerted pitch to win a greater share of Black voters this year, particularly Black men.
The Trump campaign has similarly zeroed in on economic arguments. Trump has repeatedly argued that undocumented immigrants take “Black jobs,” despite economists finding the claim unfounded. The campaign believes the former president’s broader pitch on the economy, crime and traditional values has appeal in Black communities.
“If Kamala wanted to turn our country around, then she would do it now,” said Janiyah Thomas, a spokesperson for the Trump campaign. “We deserve more than token gestures — we deserve a leader who respects us, empowers us, and backs it up with action.”
GOP Reps. Byron Donalds and Wesley Hunt have emerged as key surrogates in Trump’s outreach to Black men. The campaign hosted a Black men’s barbershop roundtable with Donalds in Philadelphia in October. The Black Conservative Federation, which hosted a gala Trump attended earlier this year, held a “closing argument” event Sunday with Donalds and Hunt.
Millions of Black voters, like many Americans, have already cast a ballot in the election, including in Georgia and North Carolina.
Rep. Hank Johnson, D-Georgia, spoke about that state’s turnout at a Tuesday brunch and bus tour launch hosted by the Black Music Action Coalition.
“The truth of the matter is that Trump has been advising his people who always vote on Election Day to get out early. So they’re the ones that are making these numbers look so big. On our behalf, Black people, we have been slightly underperforming,” Johnson said.
Early Black voter turnout slightly lagged in North Carolina compared to 2020, though increased turnout at the close of early voting shrunk the gap. Whether Black voter turnout breaks records in 2020 hinges on Election Day. Many veteran Black leaders are confident the myriad strategies will bring voters out.
“Now obviously, there’s always a group of people who still don’t believe that their vote makes a difference and they lag behind,” said the Rev. Wendell Anthony, a Detroit pastor and the president of the city’s NAACP chapter. But so far, he added, “the indicators to us are such that those people are going to turn out. They’re not going to miss this this historic moment.”
China to hash out stimulus plan with US elections in its sights
Beijing is anticipating the result of the US election, with Trump promising tariffs of 60 percent on all Chinese goods if he wins
China is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt
Updated 04 November 2024
AFP
BEIJING: China’s top lawmakers gather Monday to hash out a major stimulus package that analysts say could grow even bigger if former US president Donald Trump wins the White House this week.
Beijing has in recent months heeded calls to step up support for the economy after years of inaction, announcing a raft of measures including rate cuts and the easing of some home buying restrictions.
But they have refrained from unveiling a figure for the long-awaited stimulus, disappointing investors after a market rally fizzled when officials repeatedly failed to commit to a top line.
Analysts now hope this number could emerge from this week’s meeting of the Standing Committee of National People’s Congress, the top body of China’s rubber stamp parliament and headed by number three official Zhao Leji.
The standing committee reviews and approves all legislation, including allocating funds out of China’s budget.
“We are expecting more details on the proposals to be passed,” said Heron Lim of Moody’s Analytics, including “how this extra funding would be allocated to address the near-term economic issues.”
Nomura economists expect lawmakers this week to approve around a trillion yuan ($140 billion) in extra budget — mostly for indebted local governments.
Analysts also expect Beijing to approve a one-off one trillion yuan for banks, aimed at writing off non-performing loans over the past four years.
“A lot of money will go to cover losses,” added Natixis’ Alicia Garcia Herrero. “It’s not really a growth push.”
Concrete measures are expected to be announced when the meeting wraps up on Friday — in time for Beijing to take stock of results of presidential elections in the United States.
“We believe the US election results will have some impact on the size of Beijing’s stimulus package,” said Ting Lu, Nomura’s Chief China Economist, in a research note.
Both candidates in the race have pledged to get tougher on Beijing, with Trump promising tariffs of 60 percent on all Chinese goods coming into the country.
Nomura economists expect Beijing to adjust the size of its stimulus depending on the outcome.
“In our view, the size of China’s fiscal stimulus package would be around 10 to 20 percent bigger under a Trump win than under the scenario of a (Kamala) Harris win,” Lu wrote.
But he said that “the major challenges for Beijing emanate from within rather than outside.”
Mired in sea of debt
China is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt — all of which threaten Beijing’s official growth target of five percent for this year.
The property sector was long a key driver of growth, but is now mired in a sea of debt.
Average prices of new residential property ticked up slightly last month, according to a survey of 100 cities by independent researcher China Index Academy.
But China’s cities and provinces are still on the hook for a trove of unfinished and unsold housing units, and repurchasing them could cost Beijing up to 3.3 trillion yuan, according to Natixis estimates.
Prolonged housing woes continue to lead to weak consumer consumption, according to Lim of Moody’s Analytics.
“The average Chinese consumer with existing mortgages does not feel their wealth is increasing,” he said.
The issue of how local governments manage debt is also set to come under scrutiny at the NPC meeting this week.
Authorities at and above the county level will be required to report their debt situation to the NPC each year, Huang Haihua, spokesman for the NPC standing committee’s legislative affairs commission, said at a briefing Friday.
But China’s economic woes run deeper than local mismanagement and empty homes.
“The overall economy is losing productivity out of basically misallocated savings,” said Garcia Herrero, referring to issues within China’s industrial policy spending, including extensive subsidies.
“They need to really change all of that,” she said.