EU’s Mediterranean leaders meet on migration

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A group of 61 migrants on a wooden boat are rescued by crew members of the Geo Barents migrant rescue ship, operated by Medecins Sans Frontieres, in the central Mediterranean Sea on September 28, 2023. (REUTERS)
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A ship of the Italian 'Guarda di Finanza' is moored in the port of the small island of Lampedusa, south of Sicily, a favorite landing place for Europe-bound migrants passing precariously through the Mediterranean Sea. (AFP)
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Updated 29 September 2023
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EU’s Mediterranean leaders meet on migration

  • UN refugee organization says more than 2,500 migrants had perished attempting to cross the Mediterranean so far this year
  • New impetus to reach a deal after a sharp rise in migrants landing on the tiny Italian island of Lampedusa earlier this month

VALLETTA, Malta: The leaders of nine Mediterranean and southern European countries, including France’s Emmanuel Macron and Italy’s Giorgia Meloni, meet Friday in Malta for talks set to focus on migration.
The summit comes a day after the UN refugee organization said more than 2,500 migrants had perished or disappeared attempting to cross the Mediterranean so far this year — substantially more than at the same point in 2022.
But it also comes as EU interior ministers finally made headway Thursday on new rules for how the bloc handles asylum seekers and irregular migrants, with a deal expected in the coming days.
Long in the works, there was new impetus to reach a deal after a sharp rise in migrants landing on the tiny Italian island of Lampedusa earlier this month.
Meloni’s hard-right coalition government, elected on an anti-migrant ticket, has clashed with both France and Germany as she presses other EU countries to share the burden. So far this year, the number of arrivals at Lampedusa has already passed 133,000.
But Meloni and Macron have sought to ease tensions in recent days, and met Tuesday in Rome on the sidelines of the state funeral for ex-Italian president Giorgio Napolitano.
“There is a shared vision of the management of the migration question between France and Italy,” a French presidential source said.
Paris is hoping Friday’s so-called “Med9” summit will offer a “clear message” that migration requires a response at the European level, the source said.

The EU is poised to agree a revamped Pact on Migration and Asylum, which will seek to relieve pressure on frontline countries such as Italy and Greece by relocating some arrivals to other EU states.
Those countries opposed to hosting asylum-seekers — Poland and Hungary among them — would be required to pay the ones that do take migrants in.
Disagreements within the 27-nation bloc over the proposed revisions have now largely been overcome, EU home affairs commissioner Ylva Johansson said Wednesday after the interior ministers’ meeting.
A formal agreement is expected “in a few days,” she said.
Both Meloni and Macron also want to prevent boats departing from North Africa by working more closely with Tunisia, despite questions over the country’s human rights standards and treatment of migrants.
The European Commission said last week it was set to release the first instalment of funds to Tunisia — one of the main launching points for boats — under a plan to bolster its coast guard and tackle traffickers.
Italy’s Interior Minister Matteo Piantedosi met with his Tunisian and Libyan counterparts in Sicily Thursday for talks on stopping the boats, the ministry said.

Rome and Paris are also keen to intensify EU controls at sea.
European Commission President Ursula von der Leyen, who will be at the Malta summit, included the possible expansion of naval missions in the Mediterranean in a 10-point action plan this month in Lampedusa.
There are fears arrivals could spiral further if instability in the Sahel affects North African countries.
The “Med 9,” which brings together Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia and Spain, is expected to call for greater investment by the bloc in the so-called Southern Neighbourhood.
Extra funding may be earmarked for countries across the Mediterranean’s southern shore in the review of the EU’s 2021-2027 long-term budget, a European diplomatic source told AFP.
The leaders will also discuss regional challenges posed by natural disasters — following a devastating earthquake in Morocco, flood disaster in Libya, and extreme weather events in Southern Europe.
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China firms go ‘underground’ on Russia payments as banks pull back

Updated 9 sec ago
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China firms go ‘underground’ on Russia payments as banks pull back

  • The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022
  • Now the threat of extending these to banks in China is chilling the finance that lubricates trade from China to Russia
  • Nearly all major Chinese banks have suspended settlements from Russia since the beginning of March, said a manager at a listed electronics company in Guangdong

An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China’s big banks are throttling payments for such transactions out of concern over US sanctions.

To settle payments for its electrical goods, the Guangdong-based company is considering using currency brokers active along China’s border with Russia, said the company’s founder, Wang, who asked to be identified only by his family name.
The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022.
Now the threat of extending these to banks in China — a country Washington blames for “powering” Moscow’s war effort — is chilling the finance that lubricates even non-military trade from China to Russia.
This is posing a growing problem for small Chinese exporters, said seven trading and banking sources familiar with the situation.
As China’s big banks pull back from financing Russia-related transactions, some Chinese companies are turning to small banks on the border and underground financing channels such as money brokers — even banned cryptocurrency — the sources told Reuters.
Others have retreated entirely from the Russian market, the sources said.
“You simply cannot do business properly using the official channels,” Wang said, as big banks now take months rather than days to clear payments from Russia, forcing him to tap unorthodox payment channels or shrink his business.

Going ‘underground’
A manager at a large state-owned bank he previously used told Wang the lender was worried about possible US sanctions in dealing with Russian transactions, Wang said.
A banker at one of China’s Big Four state banks said it had tightened scrutiny of Russia-related businesses to avert sanctions risk. “The main reason is to avoid unnecessary troubles,” said the banker, who asked not to be named.
Since last month, Chinese banks have intensified their scrutiny of Russia-related transactions or halted business altogether to avoid being targeted by US sanctions, the sources said.
“Transactions between China and Russia will increasingly go through underground channels,” said the head of a trade body in a southeastern province that represents Chinese businesses with Russian interests. “But these methods carry significant risks.”
Making payments in crypto, banned in China since 2021, might be the only option, said a Moscow-based Russian banker, as “it’s impossible to pass through KYC (know-your-customer) at Chinese banks, big or small.”
The sources spoke on condition of anonymity, citing the sensitivity of the topic. Reuters could not determine the extent of transactions that had shifted from major banks to more obscure routes.
China’s foreign ministry is not aware of the practices described by the businesspeople to arrange payments or troubles in settling payments through major Chinese banks, a spokesperson said, referring questions to “the relevant authorities.”
The People’s Bank of China and the National Financial Regulatory Administration, the country’s banking sector regulator, did not respond to Reuters requests for comment.

Sanctions warning
US Secretary of State Antony Blinken, after meeting China’s top diplomat Wang Yi for five and a half hours in Beijing on Friday, said he had expressed “serious concern” that Beijing was “powering Russia’s brutal war of aggression against Ukraine.”
Still, his visit, which included meeting President Xi Jinping, was the latest in a series of steps that have tempered the public acrimony that drove relations between the world’s biggest economies to historic lows last year.
While officials have warned that the United States was ready to take action against Chinese financial institutions facilitating trade in goods with dual civilian and military applications and the US preliminarily has discussed sanctions on some Chinese banks, a US official told Reuters last week Washington does not yet have a plan to implement such measures.
The Chinese foreign ministry spokesperson said, “China does not accept any illegal, unilateral sanctions. Normal trade cooperation between China and Russia is not subject to disruption by any third party.”
A State Department spokesperson, asked about Reuters findings that Chinese banks were curbing payments from Russia and the impact on some Chinese companies, said, “Fuelling Russia’s defense industrial base not only threatens Ukrainian security, it threatens European security.
“Beijing cannot achieve better relations with Europe while supporting the greatest threat to European security since the end of the Cold War,” the spokesperson said.
Blinken made clear to Chinese officials “that ensuring transatlantic security is a core US interest,” the spokesperson said. “If China does not address this problem, the United States will.”
Nearly all major Chinese banks have suspended settlements from Russia since the beginning of March, said a manager at a listed electronics company in Guangdong.
Some of the biggest state-owned lenders have reported drops in Russia-related business, reversing a surge in assets after Russia’s invasion.
Among the Big Four, China Construction Bank posted a drop of 14 percent in its Russian subsidiary’s assets last year and Agricultural Bank of China a 7 percent decline, according to their latest filings.
By contrast, Industrial and Commercial Bank of China , the country’s biggest lender, reported a 43 percent jump in assets of its Russian unit. Bank of China (BOC), the fourth-largest, did not give the breakdown.

‘Channel can be shut’
The four banks did not respond to requests for comment on their Russian businesses or the impact on Chinese companies.
Some rural banks in northeast China along the Russian border can still collect payments, but this has led to a bottleneck, with some businesspeople saying they have been lining up for months to open accounts.
A chemical and machinery company in Jiangsu province has been waiting for three months to open an account at Jilin Hunchun Rural Commercial Bank in the northeastern province of Jilin, said Liu, who works at the firm and also asked to be identified by family name.
Calls to the bank seeking comment went unanswered.
BOC has blocked a payment from Liu’s Russian clients since February, and a bank loan officer said firms exporting heavy equipment face more stringent reviews in receiving payments, Liu said.
The manager at the listed Guangdong company said their firm had opened accounts at seven banks since last month but none agreed to accept payments from Russia.
“We gave up on the Russian market,” the manager said. “We eventually didn’t receive more than 10 million yuan ($1.4 million) in payments from the Russian side, and we just gave up. The process of collecting payments is extremely annoying.”
Wang is also having second thoughts about his Russian business.
“I may gradually shrink my business in Russia as the slow process of collecting money is not good for the company’s liquidity management,” he said.
“What’s more, you don’t know what will happen in the future. The channel can be shut completely one day.”

 


Pedro Sanchez, a risk-taker with a flair for survival

Updated 7 min 44 sec ago
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Pedro Sanchez, a risk-taker with a flair for survival

  • Sanchez said on Wednesday that he was considering stepping down

MADRID: Spanish Prime Minister Pedro Sanchez, who will on Monday announce whether he remains in his post, is an expert in political survival who has built a career on taking political gambles.
“I have learned to push myself until the referee blows the final whistle,” the head of Spain’s Socialist party and a former basketball player wrote in his 2019 autobiography, “Resistance Manual.”
On Wednesday, he said that he was considering stepping down after a Madrid court announced an investigation into his wife Begona Gomez for alleged influence-peddling and corruption.
“I need to stop and think,” he wrote in a four-page letter posted on X.
With a charming smile and affable personality, the 52-year-old — often referred to as Mr.Handsome early in his career — has been written off politically on several occasions, only to bounce back.
He “has never had it easy,” said Paloma Roman, a political scientist at Madrid’s Complutense University, noting his “political flair” for getting out of complicated situations.
Sanchez emerged from obscurity in 2014 as a little-known MP to seize the reins of Spain’s oldest political party.
A leap-year baby born in Madrid on February 29, 1972, he grew up in a well-off family, the son of an entrepreneur father and civil servant mother.
He studied economics before obtaining a master’s degree in political economy at the Free University of Brussels and a doctorate from a private Spanish university.
Elected to the Socialist Party leadership in 2014, Sanchez’s future was quickly put in doubt after he led the party to its worst-ever electoral defeats in 2015 and 2016.
Ejected from the leadership, he unexpectedly won his job back in a primary in May 2017 after a cross-country campaign in his 2005 Peugeot to rally support.
Within barely a year, the father of two teenage girls took over as premier in June 2018 after an ambitious gamble that saw him topple conservative Popular Party leader Mariano Rajoy in a no-confidence vote.
Always immaculately dressed, the telegenic politician — who likes running and looms over his rivals at 1.90 meters (6 foot 2 inches) tall — has earned a reputation as being tenacious to the point of stubbornness.
Over the past six years, he has had to play a delicate balancing act to stay in power.
In February 2019, the fragile alliance of left-wing factions and pro-independence Basque and Catalan parties that had catapulted him to the premiership cracked, prompting him to call early elections.
Although his Socialists won, they fell short of an absolute majority, and Sanchez was unable to secure support to stay in power, so he called a repeat election later that year.
He was then forced into a marriage of convenience with the hard-left Podemos, despite much gnashing of teeth inside his own party.
Deemed politically dead after his party again suffered a drubbing in local and regional elections in 2023, Sanchez surprised the country by calling an early general election for July.
While his Socialists finished second in the general election, behind the conservative Popular Party (PP), Sanchez cobbled together a majority in parliament with the support of the far-left party Sumar and smaller regional parties, including Catalan separatists.
In exchange for their support, Catalonia’s two main separatist parties demanded a controversial amnesty for hundreds of people facing legal action over their roles in the northeastern region’s failed push for independence in 2017.
Sanchez had previously opposed such a move but he now agreed to it to remain in power, sparking several mass protests staged by the right.
On the international stage, Sanchez, Spain’s first premier fluent in English, has made a name for himself by criticizing the operation Israel launched in Gaza in retaliation for the Hamas attack on October 7, and by promising Spain’s swift recognition of a Palestinian state.


South Korea’s Yoon to meet opposition leader amid bid to reset presidency

Updated 16 min 54 sec ago
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South Korea’s Yoon to meet opposition leader amid bid to reset presidency

SEOUL: South Korean President Yoon Suk Yeol will meet opposition leader Lee Jae-myung for talks on Monday after a crushing election defeat for the president’s ruling party led to widespread calls for him to change his style of leadership.
Yoon’s People Power Party (PPP) failed to make inroads into the opposition’s grip on parliament in the April 10 election, which was widely seen as a referendum on the conservative leader’s first two years in power.
The meeting is the first Yoon has held with Lee since taking office and comes as analysts have said he may have slipped into lame duck status after his combative political stance appeared to have alienated many voters.
Both the opposition and his own PPP urged Yoon to change course, especially after he initially appeared to shrug off the election result which in turn sent his support ratings in opinion polls plunging to their lowest point of around 20 percent.
At stake was whether he could try to regain the initiative for his pledges to cut taxes, ease business regulations and expand family support in the world’s fastest-aging society while safeguarding fiscal responsibility.
Yoon also faces a tough dilemma in his push for health care reforms. Young doctors walked off the job more than two months ago in protest over the centerpiece plan of increasing the number of doctors, and more are threatening to join the protest.
There are, however, questions over whether Monday’s meeting will be able to make any breakthroughs to unlock the stalemate in government. Lee’s Democratic Party (DP) is firmly in control of parliament, hamstringing Yoon’s ability to pass legislation.
In a sign of the political wrangling to get an upper hand, aides to Yoon and Lee struggled to agree on the time and agenda for their meeting for more than a week before Lee proposed to sit down with no preconditions or set agenda.
Lee has called for a one-time allowance of 250,000 won ($182) for all South Koreans to help cope with inflation, but PPP has called it the kind of populist policy that would make the situation worse and cost 13 trillion won for the government budget.


Blinken speaks to Azeri, Armenian leaders about peace talks

Updated 29 April 2024
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Blinken speaks to Azeri, Armenian leaders about peace talks

  • Blinken reaffirmed Washington’s support for a peace treaty between the South Caucasus neighbors in separate calls with their leaders
  • Azeri President Ilham Aliyev's press service later said Azerbaijan's FM will soon meet with his Armenian counterpart to continue negotiations

US Secretary of State Antony Blinken has spoken to the leaders of Armenia and Azerbaijan and reaffirmed Washington’s support for a peace treaty between the South Caucasus neighbors, the State Department said on Sunday.

Yerevan suffered a major defeat last September when Baku’s forces retook the region of Nagorno-Karabakh, which while part of Azerbaijan had a predominantly Armenian population.
Peace talks have become bogged down in issues including demarcation of the two countries’ 1,000-km (620-mile) border, which remains closed and heavily militarized.
Blinken spoke to Azeri President Ilham Aliyev on Sunday and urged him “to keep up the momentum with his Armenian counterpart, reiterating US willingness to support those efforts,” the State Department said in a statement.
Aliyev’s press service said on Sunday that foreign ministers of Azerbaijan and Armenia will soon hold a meeting in Almaty in Kazakhstan to continue negotiations.
“The president considers an important step that ... Azerbaijan and Armenia have begun the process of border demarcation,” Russia’s Interfax news agency cited the press service as saying.
In a separate call with Armenian Prime Minister Nikol Pashinyan, Blinken reaffirmed US support for progress on a durable and dignified peace agreement, the department said, but did not specify when the call took place.
In his call with Aliyev, Blinken also welcomed the transfer to house arrest last week of a prominent Azerbaijani economist and opposition politician who has been imprisoned since last July while awaiting trial.
Azerbaijan has also detained a string of independent reporters since late last year. Several are now facing trial on charges unrelated to journalistic activity, such as smuggling.
“Secretary Blinken again urged Azerbaijan to adhere to its international human rights obligations and commitments and release those unjustly detained in Azerbaijan,” the State Department said.


Donald Trump is running against Joe Biden. But he keeps bringing up another Democrat: Jimmy Carter

Updated 29 April 2024
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Donald Trump is running against Joe Biden. But he keeps bringing up another Democrat: Jimmy Carter

  • Carter and Trump actually share common ground. Both were Washington outsiders who won the presidency, each fueled by voter discontent with the establishment
  • But unlike Carter, Trump never accepted defeat. He falsely claimed the 2020 election was stolen and is accused of instigating violent efforts to overturn Biden's victory

ATLANTA: As Donald Trump campaigns for a return to the White House, he often reaches back more than 40 years and seven administrations to belittle President Joe Biden by comparing him to 99-year-old Jimmy Carter.

Most recently, Trump used his first campaign stop after the start of his criminal hush money trial in New York to needle the 46th president by saying the 39th president, a recently widowed hospice patient who left office in 1981, was selfishly pleased with Biden’s record.
“Biden is the worst president in the history of our country, worse than Jimmy Carter by a long shot,” Trump said in a variation of a quip he has used throughout the 2024 campaign, including as former first lady Rosalynn Carter was on her deathbed. “Jimmy Carter is happy,” Trump continued about the two Democrats, “because he had a brilliant presidency compared to Biden.”
It was once common for Republicans like Trump to lampoon Carter. Many Democrats, including Presidents Bill Clinton and Barack Obama, kept their distance for years, too, after a roiled economy, energy shortages and an extended American hostage crisis led to Carter’s landslide defeat in 1980. The negative vibes waned, though, with the passage of time and reconsideration of Carter’s legacy as a political leader, Nobel laureate and global humanitarian.
That leaves some observers, Democrats especially, questioning Trump’s attempts to saddle Biden with the decades-old baggage of a frail man who closed his public life last November by silently leading the mourning for his wife of 77 years.
“It’s just a very dated reference,” said pollster Zac McCrary, whose Alabama-based firm has worked for Biden. “It’s akin to a Democrat launching an attack on Gerald Ford or Herbert Hoover or William McKinley. It doesn’t signify anything to voters except Trump taking a cheap shot at a figure that most Americans at this point believe has given a lot to his country and to the world.”
Trump loyalists insist that even a near-centenarian is fair game in the rough-and-tumble reality of presidential politics.
“I was saying it probably before President Trump: Joe Biden’s worse than Jimmy Carter,” said Georgia resident Debbie Dooley, an early national tea party organizer during Obama’s first term and a Trump supporter since early in his 2016 campaign. Dooley said inflation under Biden justifies the parallel: “I’m old enough to remember the gas lines under President Carter.”

President Jimmy Carter, left, and Sen. Joseph R. Biden Jr., greet Biden supporters at a reception in Wilmington, Delaware on Feb. 20, 1978. (AP)

Any comparison, of course, involves selective interpretation, and Trump’s decision to bring a third president into the campaign carries complications for all three –- and perhaps some irony for Trump, who, like Carter, was rejected by voters after one term.
Trump’s campaign did not respond to a request for comment about his comparisons; Biden’s campaign was dismissive of them.
“Donald Trump is flailing and struggling to land coherent attacks on President Biden,” spokesman Seth Schuster said.
Carter remains at home in Plains, Georgia, where those close to him say he has kept up with the campaign. Biden is unquestionably the closest friend Carter has had in the White House since he left it. Biden was a first-term lawmaker from Delaware when he became the first US senator to endorse Carter’s underdog campaign. After he won the White House, Biden and first lady Jill Biden visited the Carters in Plains. They saw a grieving Carter privately before Rosalynn Carter’s funeral in Atlanta last year.
Like Carter, Biden is seeking reelection at a time when Americans are worried about inflation. But today’s economy is not the same as the one Carter faced.
The post-pandemic rebound, fueled by stimulus spending from the US and other governments, has been blamed for global inflation. The Federal Reserve has raised interest rates in response.
But the effective federal funds rate is 5.33 percent right now, while the benchmark was above 17 percent for a key period before the 1980 election. Rates for a 30-year mortgage are about half what they were at the peak of Carter’s administration; unemployment is less than half the Carter peak. The average per-gallon gas price in the US, topping $3.60 this month, is higher than the $3 peak under Trump. It reached $4.50 (adjusted for inflation) during Carter’s last year in office.
Carter and Trump actually share common ground. They are the clearest Washington outsiders in modern history to win the presidency, each fueled by voter discontent with the establishment.
A little-known Georgia governor and peanut farmer, Carter leveraged fallout from Vietnam and the Watergate scandal. Trump was the populist businessman and reality TV star who pledged to “Make America Great Again.” Both men defy ideological labels, standing out for their willingness to talk to dictators and isolated nations such as North Korea, even if they offered differing explanations for why.
Carter cautioned his party about underestimating Trump’s appeal, and the Carters attended Trump’s 2017 inauguration. Jimmy Carter, however, openly criticized Trump’s penchant for lies. After Carter suggested Russian propaganda helped elect Trump over Democrat Hillary Clinton in 2016, Trump began to insult Carter as a failure.

In this photo released by The White House, former President Jimmy Carter, center left, and former first lady Rosalynn Carter, center right, pose for a photo with President Joe Biden, right, and first lady Jill Biden at the home of the Carter's in Plains, Georgia, on April 30, 2021. (AP)

Unlike Carter, Trump never accepted defeat. He falsely claimed the 2020 election was stolen, then promoted debunked theories about the election that were repeated by supporters in the mob that stormed the US Capitol on Jan. 6, 2021, as Congress convened to certify Biden’s victory. Trump left Washington the morning Biden took office, becoming the first president since Andrew Johnson in 1869 to skip his successor’s inauguration.
Carter conceded to Republican Ronald Reagan, attended his inauguration, then returned to Georgia. There, he and Rosalynn Carter established The Carter Center in 1982. They spent decades advocating for democracy, mediating international conflict and advancing public health in the developing world. They built houses for low-income people with Habitat for Humanity. Jimmy Carter was awarded the Nobel Peace Prize in 2002.
Many historians’ judgment of Carter’s presidency has softened.
He is credited with deregulating much of the transportation industry, making air travel far more accessible to Americans, and creating the Department of Energy to streamline and coordinate the nation’s energy research. He negotiated the Camp David peace deal between Egypt and Israel. He diversified the federal judiciary and executive branch. He appointed the Federal Reserve chairman, Paul Volcker, who, along with Reagan, would get credit for the economic growth of the 1980s. Carter was the first president to raise concerns about rising global temperatures. And it was Carter, along with his diplomatic team, who negotiated the release of American hostages in Tehran, though they were not freed until minutes after Carter’s term expired.
Biographies, documentaries and news coverage across Carter’s 10th decade have reassessed that record.
By 2015, a Quinnipiac University poll found 40 percent of registered voters viewed Carter as having done the best work since leaving office among presidents from Carter through George W. Bush. When Gallup asked voters last year to rate Carter’s handling of his presidency, 57 percent approved and 36 percent disapproved. (Trump measured 46 percent approval and 54 percent disapproval at the time, the first retroactive measure Gallup had conducted for him.)
“There has long been a general consensus of admiration for Carter as a person — that sentiment that he was a good and decent man,” said Amber Roessner, a University of Tennessee professor who studies collective public memory and has written extensively on Carter. The more recent conclusions about Carter as a president, she added, suggest “we should consider Carter’s presidency as a lens to think about reevaluating about how we gauge the failure or success of any administration.”
How that plays into Biden’s rematch with Trump, Roessner said, “remains to be seen.”
Regardless, the ties between the 39th and 46th presidents endure, whatever the 45th president might say. When the time comes for Carter’s state funeral, Trump is expected to be invited alongside Carter’s other living successors. But it will be Biden who delivers the eulogy.