Sri Lanka’s surprise finance minister has a mountain to climb

Ali Sabry, newly appointed minister of finance, speaks during an interview with Reuters, amid the country's economic crisis in Colombo, Sri Lanka, April 9, 2022. (REUTERS)
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Updated 11 April 2022
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Sri Lanka’s surprise finance minister has a mountain to climb

  • Faced with the challenge of immediately finding $3 billion to pay for essential goods that he describes as “Herculean,” Sabry said he has the full backing of the president, the prime minister and his ruling party leaders

COLOMBO: When former justice minister Ali Sabry visited Sri Lanka’s president last Monday, it was for talks amid an economic crisis that has brought thousands of protesters on to the street and left the island nation short of fuel, medicine and power.
By the time Sabry left the meeting with Gotabaya Rajapaksa, to his surprise he was finance minister, thrust into the center of a financial storm that will not be easy to calm.
“I was not ... ready for that when I went there,” Sabry said in an interview over the weekend, giving the first insider account of a dramatic week of political maneuvering.
“Normally I wear my jacket to go for any official function. I took oath even without my jacket, because I went for a discussion and then, I had to take that (oath).”
The country of 22 million people has been hit by crippling power cuts, sometimes lasting 13 hours, and other shortages. Foreign exchange reserves have plummeted to $1.93 billion and debt payments several times that amount are looming.
Ordinary people have taken to the streets in recent weeks calling for Rajapaksa and his family to quit. The president’s elder brother, Mahinda, is prime minister.
Before Gotabaya Rajapaksa dissolved his cabinet, Sabry, 51, had been his trusted justice minister.
Even after accepting the new job, Sabry had doubts. Some 24 hours later, amid questions about his suitability and concerns within his family over whether it was the right decision, he said he sent a resignation letter to the president.
“I’m also a human being. My family also matters to me,” Sabry said, seated in front of a wall of books at his law chambers in the commercial capital Colombo.
For four days after his resignation offer, no other candidate stepped forward, he said, and by Friday he had resolved to go ahead, following further discussions with family, the president and officials.
“My conscience was troubling me,” he recalled.
On Friday, when Sabry rose to speak in parliament, a lawmaker pointedly asked what capacity he was talking in.
Sabry confirmed that he was still finance minister.
“As I told ... parliament, what you need is not to be an economist. If that is the case, you need to be either a motor mechanic or a driver to run the transport ministry,” Sabry said, breaking into laughter.
Before the drama of the last weeks, Sabry, who is a member of Sri Lanka’s minority Muslim community, had enjoyed a 25-year career in law that had taken him to the top of the legal system.
He attended school in his hometown in Kalutara and Colombo’s Zahira College. At Sri Lanka Law College, he was general secretary of the law students’ union and later deputy president of the Bar Association of Sri Lanka, the country’s largest collective of lawyers.
From a family with deep roots in politics, Sabry has also had a long relationship with the Rajapaksas, particularly the president, whom he has represented in court.
Faced with the challenge of immediately finding $3 billion to pay for essential goods that he describes as “Herculean,” Sabry said he has the full backing of the president, the prime minister and his ruling party leaders.
He must also lead what are expected to be complicated negotiations with the International Monetary Fund over a much-needed loan program.
Sabry said he had confidence in a team of key officials, including a new central bank governor and treasury secretary, alongside an advisory committee.
“I’m willing to do this as long as it takes,” Sabry said.
Udeeshan Jonas, Chief Strategist at Colombo-based investment bank CAL Group, said Sabry had shown courage taking on a job that no one else appeared to want.
“He will have to be the person to take unpopular and difficult decisions. The economic reforms that Sri Lanka needs to make will not come easy,” Jonas said.
Some analysts said the finance minister could be hamstrung by the public’s loss of confidence in the Rajapaksa family and what people saw as government inertia.
“Individuals cannot do much. The government has to take the right steps,” said Sirimal Abeyratne, a professor of economics at the University of Colombo. “We can now see the light at the end of the tunnel but nothing more than that.”


Civilians evacuated from northeast Ukraine as Russia steps up assault

Updated 22 sec ago
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Civilians evacuated from northeast Ukraine as Russia steps up assault

  • Heavy fighting raged on Sunday as Russia attacks 27 settlements

KYIV: Thousands more civilians have fled Russia’s renewed ground offensive in Ukraine’s northeast that has targeted towns and villages with a barrage of artillery and mortar fire, officials said Sunday.

The intense battles have forced at least one Ukrainian unit to withdraw in the Kharkiv region, capitulating more land to Russian forces across less defended settlements in the so-called contested “gray zone” along the Russian border.
Meanwhile, a 10-story apartment block collapsed in the Russian city of Belgorod, near the border, with several deaths and injuries reported. Russian authorities said the building collapsed following Ukrainian shelling. Ukraine has not commented on the incident.

HIGHLIGHT

The Russian Defense Ministry said Saturday that Moscow’s forces had captured five villages on the border of Ukraine’s Kharkiv region and Russia. Ukraine’s leadership has not confirmed Moscow’s gains.

At least 4,000 civilians have fled the Kharkiv region since Friday, when Moscow’s forces launched the operation, Gov. Oleh Syniehubov said in a social media statement. Heavy fighting raged Sunday along the northeast front line, where Russian forces attacked 27 settlements in the past 24 hours, he said.
Analysts say the Russian push is designed to exploit ammunition shortages before promised Western supplies can reach the front line. Ukrainian soldiers said the Kremlin is using the usual Russian tactic by launching a disproportionate amount of fire and infantry assaults to exhaust their troops and firepower.
It comes after Russia stepped up attacks in March targeting energy infrastructure and settlements, which analysts predicted were a concerted effort by Moscow to shape conditions for an offensive.
Ukrainian President Volodymyr Zelenskyy said that disrupting Russia’s offensive in the area was a priority, and that Kyiv’s troops were continuing counteroffensive operations in seven villages around the Kharkiv region.
“Disrupting the Russian offensive intentions is our number one task now. Whether we succeed in that task depends on every soldier, every sergeant, every officer,” Zelenskyy said.
The Russian Defense Ministry said Saturday that Moscow’s forces had captured five villages on the border of Ukraine’s Kharkiv region and Russia. These areas were likely poorly fortified due to the dynamic fighting and constant heavy shelling, easing a Russian advance.
Ukraine’s leadership has not confirmed Moscow’s gains.

 


Black, Asian and minority ethnic people make up nearly 70% of UK’s anti-terror detentions, data shows

Updated 56 min 23 sec ago
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Black, Asian and minority ethnic people make up nearly 70% of UK’s anti-terror detentions, data shows

  • Fewer than 1 in 5 who were stopped were recorded as white

LONDON: Nearly 70 percent of people stopped at UK ports under anti-terrorism laws since 2021 were from Black, Asian and minority ethnic backgrounds, new figures released on Sunday show.

The Guardian newspaper requested police data under freedom of information laws, which also revealed fewer than one in five who were stopped were recorded as white.

Campaigners have criticized the statistics, saying they prove the UK’s anti-terrorism laws are disproportionately affecting Black and minority ethnic groups and not being used effectively enough to arrest the rise of far-right, white extremism, The Guardian reported.

Of the 8,095 people stopped at UK ports since 2021 under Schedule 7 of the Terrorism Act 2000, 5,619 (69.4 percent) were recorded as being from Black, Asian and minority ethnic backgrounds, compared with 1,585 (19.6 percent) recorded as white British, white Irish or white other stopped under the same law.

The head of public advocacy at the anti-Islamophobia group Cage International has also pressed British police to publish data on the religious background of those stopped under the Terrorism Act.

Anas Mustapha said: “This new data reaffirms what we already know about its racist and Islamophobic impact. However, despite evidence demonstrating that the majority of those stopped are Muslim and that forces record data on religion, the government has resisted calls to produce a religious breakdown of those harassed at the borders.

“Schedule 7 is one of the most intrusive and discriminatory of all police powers. We’ve supported hundreds of British holidaymakers impacted by the policy and it’s clear that the power is abused and must be repealed.”

A spokesman from the UK’s counter-terrorism police said the law was a “vital tool” in collecting evidence to support convictions of terrorists, as well as helping with intelligence-gathering in the prevention of attacks on British streets.

“The use of Schedule 7 powers regularly features in some of our most complex and high-risk investigations and prosecutions,” the spokesman said.

“We face an enduring terrorist threat from overseas, and whilst we are seeing a much greater prevalence of online activity, travel remains an element of terrorist methodology that provides us with potentially crucial opportunities to act.

“Where the powers are used, there are a range of robust safeguards and measures in place to ensure appropriate usage.”


OIC calls for immediate aid amid Afghan flood crisis

Updated 12 May 2024
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OIC calls for immediate aid amid Afghan flood crisis

  • Flash floods from seasonal rains in Baghlan province in northern Afghanistan

RIYADH: The Organization of Islamic Cooperation has issued an urgent appeal to its member states as well as relief organizations to provide aid to the Afghan people amid catastrophic flooding which has hit the country, Saudi Press Agency reported on Sunday.
Flash floods from seasonal rains in Baghlan province in northern Afghanistan killed at least 315 people since striking on Friday, a UN report said.
Rains also caused heavy damage in northeastern Badakhshan province and central Ghor province, officials said.
Since mid-April, floods have left about 100 people dead in 10 of Afghanistan’s provinces, with no region entirely spared, according to authorities.
Farmland has been swamped in a country where 80 percent of the more than 40 million people depend on agriculture to survive.
 


UK investigating Hamas’ claim that British hostage killed in Gaza

Updated 12 May 2024
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UK investigating Hamas’ claim that British hostage killed in Gaza

  • Foreign secretary confirms viewing video

LONDON: The UK’s Foreign Office said on Sunday it was investigating a claim by Hamas that a British-Israeli hostage in Gaza had died from injuries sustained in an Israeli airstrike over a month ago.

Nadav Popplewell, 51, was captured along with his mother Channah Peri on Oct. 7 during a border incursion when the Palestinian group launched a surprise attack on Israel.

The Foreign Office said it was actively seeking more information on the matter.

Popplewell’s family has requested media outlets refrain from airing footage released by Hamas, showing him in captivity with visible injuries, the BBC reported.

The UK’s Foreign Secretary David Cameron, speaking to the BBC’s Laura Kuenssberg, confirmed viewing the video but provided no further updates on the investigation.

Cameron said: “We don’t want to say anything until we have better information.”

He described Hamas as “callous” for releasing the video and playing “with the family’s emotions in that way.”

The Foreign Office added that the department’s thoughts “are with his family at this extremely distressing time.”

The Israeli military has not issued a statement on the matter.

Israel’s military campaign in Gaza to destroy Hamas has killed over 34,900 people, the majority of whom are women and children, according to the Gaza Health Ministry.

Israel has reported that 128 hostages are unaccounted for.
 


UK mountaineer logs most Everest climbs by a foreigner, Nepali makes 29th ascent

Updated 12 May 2024
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UK mountaineer logs most Everest climbs by a foreigner, Nepali makes 29th ascent

  • Both climbers used Southeast Ridge route to summit
  • They were on separate expeditions guiding their clients

KATMANDU: A British climber and a Nepali guide have broken their own records for most climbs of Mount Everest, the world’s highest mountain, hiking officials said on Sunday.

Rakesh Gurung, director of Nepal’s Department of Tourism, said Britain’s Kenton Cool, 50, and Nepali guide Kami Rita Sherpa, 54, climbed the 8,849-meter (29,032 foot) peak for the 18th and 29th time, respectively.

They were on separate expeditions guiding their clients.

“He just keeps going and going... amazing guy!” Garrett Madison of the US-based expedition organizing company Madison Mountaineering said of the Nepali climber. Madison had teamed up with Kami Rita to climb the summits of Everest, Lhotse, and K2 in 2014.

K2, located in Pakistan, is the world’s second-highest mountain and Lhotse in Nepal is the fourth-tallest.

Lukas Furtenbach of the Austrian expedition operator Furtenbach Adventures called Cool’s feat remarkable.

“He is a fundamental part of the Everest guiding industry. Kenton Cool is an institution,” Furtenbach, who is leading an expedition from the Chinese side of Everest, told Reuters.

Both climbers used the Southeast Ridge route to the summit.

Pioneered by the first summiteers, New Zealander Sir Edmund Hillary and Sherpa Tenzing Norgay in 1953, the route remains the most popular path to the Everest summit.

Kami Rita first climbed Everest in 1994 and has done so almost every year since, except for three years when authorities closed the mountain for various reasons.

He climbed the mountain twice last year.

Mountain climbing is a major tourism activity and a source of income as well as employment for Nepal, home to eight of the world’s 14 tallest peaks, including Everest.

Nepal has issued 414 permits, each costing $11,000 to climbers for the climbing season that ends this month.