World News – Tribune Online https://tribuneonlineng.com Breaking News in Nigeria Today Sun, 16 Jun 2019 17:09:50 +0000 en-GB hourly 1 https://wordpress.org/?v=5.2.1 https://tribuneonlineng.com/wp-content/uploads/2017/08/logo.jpg World News – Tribune Online https://tribuneonlineng.com 32 32 118125416 19-year-old Eniola Aluko shot dead in London https://tribuneonlineng.com/219070/ Sun, 16 Jun 2019 17:09:50 +0000 https://tribuneonlineng.com/?p=219070 Tribune Online
19-year-old Eniola Aluko shot dead in London

A man shot dead in a south-east London car park on Friday, has been identified to be Eniola Aluko. Eniola Aluko was shot in Plumstead The Telegraph in its report said Mr Aluko, from Thamesmead, died of a gunshot wound to the neck and chest, according to a port-mortem examination held on Saturday. Three teenage boys and […]

19-year-old Eniola Aluko shot dead in London
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Tribune Online
19-year-old Eniola Aluko shot dead in London

A man shot dead in a south-east London car park on Friday, has been identified to be Eniola Aluko.

Eniola Aluko was shot in Plumstead
Eniola Aluko was shot in Plumstead

The Telegraph in its report said Mr Aluko, from Thamesmead, died of a gunshot wound to the neck and chest, according to a port-mortem examination held on Saturday.

Three teenage boys and a 17-year-old girl were arrested on suspicion of murder and subsequently bailed until early July.

An 18-year-old man was arrested on Saturday and remains in police custody.

Mr Aluko was shot in Plumstead, southeast London, on Friday afternoon just minutes after another teenager was stabbed 15 miles (24km) away in Wandsworth.

Officers near to the scene of the stabbing in Deeside Road in Wandsworth
Image:Officers near to the scene of the stabbing in Deeside Road in Wandsworth

Two teenagers – a 17-year-old boy from Merton, who cannot be named for legal reasons, and Mohammed Nadir Dafallah, 18, from Wandsworth – were charged after a man was stabbed in Deeside Road on Friday afternoon.

They will appear in custody at Wimbledon Magistrates’ Court on Monday.

The victim has not yet been named by police.

Officers were called to Tooting at 4.42pm on Friday and found the 18-year-old in a critical condition. He died at the scene shortly afterwards.

Four other people, aged between 16 and 19, who were arrested after the murder have been released under investigation.

Police are continuing their inquiries.

Donald Trump branded London mayor Sadiq Khan a “disaster” and a “national disgrace” following two fatal stabbings and a shooting in London in the space of 24 hours.

Mr Trump tweeted on Saturday evening: “LONDON needs a new mayor ASAP. Khan is a disaster – will only get worse!”

Mr Trump’s latest swipe at Mr Khan came hours after a man was found stabbed to death in Tower Hamlets, east London.

The victim, aged in his 30s, was found injured on Alton Street just before 2pm.

The stabbing followed the arrests of 10 people after two teenagers were killed in a stabbing and shooting which happened 12 minutes apart in different parts of London on Friday.

19-year-old Eniola Aluko shot dead in London
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Israel PM’s wife, Sara Netanyahu, convicted of misusing public funds https://tribuneonlineng.com/219021/ Sun, 16 Jun 2019 15:23:08 +0000 https://tribuneonlineng.com/?p=219021 Tribune Online
Israel PM’s wife, Sara Netanyahu, convicted of misusing public funds

The wife of Prime Minister Benjamin Netanyahu was convicted by an Israeli court on Sunday of fraudulently using state funds for meals, under a plea bargain which saw her admit to lesser charges. While the ruling cut short a high-profile trial, the Netanyahu family’s legal woes are far from over: the veteran premier himself faces possible indictment […]

Israel PM’s wife, Sara Netanyahu, convicted of misusing public funds
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Israel PM’s wife, Sara Netanyahu, convicted of misusing public funds

The wife of Prime Minister Benjamin Netanyahu was convicted by an Israeli court on Sunday of fraudulently using state funds for meals, under a plea bargain which saw her admit to lesser charges.

While the ruling cut short a high-profile trial, the Netanyahu family’s legal woes are far from over: the veteran premier himself faces possible indictment for bribery, fraud and breach of trust in the coming months.

In a deal approved by judge Avital Chen at Jerusalem magistrates’ court, Sara Netanyahu was found guilty of exploiting the mistake of another person.

She was also fined 10,000 shekels (£2,200) and ordered to reimburse the state a further 45,000 shekels (£9,925) .

“The deal reached between the sides is worthy and appropriately reflects the deeds and their severity on the criminal level,” Judge Chen said in his ruling.

The 60-year-old, a high-profile presence at her husband’s side throughout his long tenure in office, was initially charged in June 2018 with fraud and breach of trust for buying catered meals despite the presence of a cook at the PM’s official residence.

The amended indictment, approved on Sunday, dropped the graft charges.

In a small room at the Jerusalem magistrates’ court, packed with journalists, Mrs Netanyahu told the judge she was aware of the charges. Her lawyer and a prosecutor then requested that the court accept the deal.

“As in every plea bargain, each side makes concessions, sometimes hard concessions,” prosecutor Erez Padan said. “It is right and proper for the public interest to bring this case to an end.”

Mrs Netanyahu’s attorney, Yossi Cohen, told the court his client had already been heavily punished by the media.

The original charges accused her of paying $100,000 (£80,000) for hundreds of meals from a variety of well-known Jerusalem businesses while falsely declaring there were no cooks available at the residence.

The caterers included an Italian restaurant, a Middle Eastern grill joint and a Sushi house.

Sara Netanyahu is also being sued by a former cleaner who claims the premier’s wife mistreated her.

In 2016 a court awarded some $47,000 (£37,300) in damages to a former housekeeper who accused her of repeated workplace abuse in a similar case.

Separately, Benjamin Netanyahu is facing possible indictment for bribery, fraud and breach of trust in the months ahead. He is reportedly seeking legislation that would result in him being granted immunity.

However, he was unable to form a coalition following an April general election, and Israel is now gearing up for fresh elections in September.

In a Facebook post late on Saturday Mr Netanyahu declared his wife a “real heroine” who was “a punching bag for the media.”

Israel PM’s wife, Sara Netanyahu, convicted of misusing public funds
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Yemeni rebel missile attack on Saudi airport injures 26 https://tribuneonlineng.com/218051/ Wed, 12 Jun 2019 12:02:55 +0000 https://tribuneonlineng.com/?p=218051 Tribune Online
Yemeni rebel missile attack on Saudi airport injures 26

Yemeni

At least 26 civilians have been injured in a missile attack by Yemen’s rebel Houthi movement on an airport in south-western Saudi Arabia, state media say. Three women and two children were among those hurt when the missile struck Abha airport early on Wednesday, a military spokesman was quoted as saying. A rebel source had […]

Yemeni rebel missile attack on Saudi airport injures 26
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Yemeni rebel missile attack on Saudi airport injures 26

Yemeni

At least 26 civilians have been injured in a missile attack by Yemen’s rebel Houthi movement on an airport in south-western Saudi Arabia, state media say.

Three women and two children were among those hurt when the missile struck Abha airport early on Wednesday, a military spokesman was quoted as saying.

A rebel source had earlier claimed that the facility was hit “with precision”.

Saudi Arabia leads a coalition of Arab states backing Yemen’s government in its four-year war with the Houthis.

Yemen has been devastated by a conflict that escalated in March 2015, when the rebels seized control of much of the west of the country and forced President Abdrabbuh Mansour Hadi to flee abroad.

Alarmed by the rise of a group they believed to be backed militarily by regional Shia power Iran, Saudi Arabia, and eight other mostly Sunni Arab states began an air campaign aimed at restoring Mr Hadi’s government.

ALSO READ:  Boko Haram kills 27 in Cameroon

Coalition military spokesman Col Turki al-Maliki said the missile fired by the Houthis hit the arrival hall at Abha International Airport at 02:21 on Wednesday (23:21 GMT on Tuesday), the official Saudi Press Agency reported.

Three women – one Yemeni, one Indian and one Saudi – and two Saudi children are among those hurt.

Eight people were taken to hospital after suffering moderate injuries, while 18 others were treated at the scene for minor injuries.

Col Maliki said the attack on a civilian airport, which is about 200km (125 miles) north of the border with Yemen, was a serious violation of international humanitarian law and that it might constitute a war crime.

The coalition would “take urgent and timely measures to deter this terrorist militia, and to ensure the protection of civilians and civilian objects”, he added.

Col Maliki said work was underway to identify the type of missile involved, but Houthi-run Al-Masirah TV cited a rebel source as saying it was a cruise missile.

“The latest US systems were unable to stop the missile. This strike hit the enemy with panic and fear and caused great confusion in their ranks,” the source added.

Al-Masirah said it was the second time the Houthis had fired a cruise missile. The first reportedly targeted a nuclear power plant in Abu Dhabi, in the United Arab Emirates, in December 2017.

Earlier this week, a Houthi military spokesman said it would target every airport in Saudi Arabia and that the coming days would reveal “big surprises”.

Yemeni rebel missile attack on Saudi airport injures 26
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Boko Haram kills 27 in Cameroon https://tribuneonlineng.com/218048/ Wed, 12 Jun 2019 11:54:22 +0000 https://tribuneonlineng.com/?p=218048 Tribune Online
Boko Haram kills 27 in Cameroon

Boko Haram

Jihadists linked to Boko Haram have killed at least 17 soldiers and 9 civilians, although some media sources such as Xinhua say the death toll has now risen to 37.  A regional security official told AFP news agency that the Boko Haram attack sparked fierce combat with Cameroonian troops in Darak, an island on Lake Chad. […]

Boko Haram kills 27 in Cameroon
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Boko Haram kills 27 in Cameroon

Boko Haram

Jihadists linked to Boko Haram have killed at least 17 soldiers and 9 civilians, although some media sources such as Xinhua say the death toll has now risen to 37. 

A regional security official told AFP news agency that the Boko Haram attack sparked fierce combat with Cameroonian troops in Darak, an island on Lake Chad.

ALSO READ: Nicaragua frees 56 protest leaders as part of amnesty

He said 40 of the jihadists were captured but seven were still missing.

The insurgents managed to hoist their flag over Darak before being dispelled, AFP reports.

Boko Haram’s uprising, which has now killed more than 27,000, has spilled over from north-east Nigeria into Niger, Chad, and Cameroon.

Boko Haram kills 27 in Cameroon
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Nicaragua frees 56 protest leaders as part of amnesty https://tribuneonlineng.com/218024/ Wed, 12 Jun 2019 11:48:37 +0000 https://tribuneonlineng.com/?p=218024 Tribune Online
Nicaragua frees 56 protest leaders as part of amnesty

Nicaragua

Fifty-six activists who led anti-government protests in Nicaragua have been released from prison. The move comes just days after Congress passed a controversial amnesty law BBC said. While the release of the activists has been welcomed by rights groups, the new law has been criticised for offering an amnesty to the security forces as well […]

Nicaragua frees 56 protest leaders as part of amnesty
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Nicaragua frees 56 protest leaders as part of amnesty

Nicaragua

Fifty-six activists who led anti-government protests in Nicaragua have been released from prison.

The move comes just days after Congress passed a controversial amnesty law BBC said.

While the release of the activists has been welcomed by rights groups, the new law has been criticised for offering an amnesty to the security forces as well as the activists.

The security forces have been accused of using disproportionate force and engaging in extrajudicial executions.

Opposition groups say the amnesty law will make it impossible to bring those who committed human rights abuses to justice.

Student leader Edwin Carcache, who was among those freed, said “the government wants to trick us with that famous amnesty law, we know that the only thing they want is to hide their crimes – but the world knows what’s going on”.

ALSO READ: Importance of legislature

Under the new law, those who are released also have to “refrain” from future protests.

The Interior Ministry said 56 people “detained for crimes against common security and public tranquillity” had been handed to the International Committee of the Red Cross on Tuesday.

Among them were student leaders who were at the forefront of anti-government protests which began to sweep across the country in April 2018.

Cristian Fajardo and Yubrank Suazo, two of the students freed on Tuesday, were received with street parties in their hometown of Masaya and their supporters shouting “the people, united, will never be defeated”.

The 56 activists released on Tuesday are not the first to be freed by the government. On Monday, 50 rank-and-file protesters were let go from prison and there have been other releases even before the amnesty law was passed on Saturday.

Nicaragua frees 56 protest leaders as part of amnesty
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20 energy ministers, 2,500 delegates brainstorm as 21st Africa Energy Forum begins in Lisbon https://tribuneonlineng.com/217742/ Mon, 10 Jun 2019 19:28:22 +0000 https://tribuneonlineng.com/?p=217742 Tribune Online
20 energy ministers, 2,500 delegates brainstorm as 21st Africa Energy Forum begins in Lisbon

The 21st edition of the foremost global investment meeting for Africa’s power, energy, infrastructure, and industrial sectors, Africa Energy Forum (AEF) begins today at the Lisbon Congress Center, Lisbon, Portugal. The four-day event commences with the Government opening ceremony with over 20 Ministers of Energy in attendance. According to the organiser of the event, EnergyNet […]

20 energy ministers, 2,500 delegates brainstorm as 21st Africa Energy Forum begins in Lisbon
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20 energy ministers, 2,500 delegates brainstorm as 21st Africa Energy Forum begins in Lisbon

The 21st edition of the foremost global investment meeting for Africa’s power, energy, infrastructure, and industrial sectors, Africa Energy Forum (AEF) begins today at the Lisbon Congress Center, Lisbon, Portugal.

The four-day event commences with the Government opening ceremony with over 20 Ministers of Energy in attendance.

According to the organiser of the event, EnergyNet Limited, the State Secretary for Energy, Portugal, Honourable João Galamba will kick-off the 21st AEF official opening ceremony while the Minister in the Cabinet of the Prime Minister & of Economy, Portugal (TBC), Honourable Pedro Siza Vieira will give the host government opening keynote address.

Also, there will be welcome remarks by the Group Director, EnergyNet, Shiddika Mohamed; Managing Director, Simon Gosling and the Adviser to the Secretary of State for Energy of Portugal and Chief Coordinator for AEF, Nelson Lage, on behalf of the Portuguese Government.

“We will kick off AEF 2019 with the presentation of projects which have been brought to a financial close by the AEF Community over the past 18 months, as well as all the projects which have started generating electricity in the last 18 months.”

The Forum is a deal-making platform for decision-makers from governments, commercial and development banks, power developers, engineering and technology companies, law firms and consultancies from across the energy value chain to discuss opportunities for the investment and development of African power projects.

Accordingly, the event will host 20 energy ministers, 2,500 delegates as well as a number of streamed panel discussions, workshops and seminars focusing on investment in power projects within different African regions and countries, financing solutions, technology innovations in the energy sector and the progress of different fuel types in Africa.

As a business with 75 per cent female leadership, 56 sessions in Lisbon will be moderated by some of the most brilliant women in the energy sector.

ALSO READ: How NBC reached truce with AIT over suspension

On Wednesday, there will be a spotlight on energy progress in Egypt, Ghana, Morocco, Mozambique, South Africa, Nigeria, Ethiopia, Angola, Zimbabwe, and Kenya, among others.

Also, the charity football match tagged: ‘The Africa Challenge Cup’ will hold same day with Manchester United legends: Clube de Futebol Os Belenenses hosts Quinton Fortune and Wes Brown, who will serve as honorary managers for the teams. AEF has teamed with KOHLER, principal partner of Manchester United and Clarke Energy to raise £30,000 to provide 1,350 WakaWaka Solar Lanterns and Power+ Solar Charging Power Packs to support those completely shut off from energy as a result of the cyclone. All proceeds will be donated to the victims of Cyclone Idai.

Also, the Lisbon’s biggest street party – Lisbon Street Party, ‘The Feast of St. Anthony’ also known as The Lisbon Sardine Festival, at the grand Avenida da Liberdade will hold on Thursday. Delegates will visit and watch the uniquely choreographed parade and wander through the enchanting winding narrow streets and plazas of some of Lisbon’s oldest communities to eat, drink and dance the night away with the locals.

Also on Friday, 14th June, there will be a major new initiative to bring together students from different countries across the continent ‘The AEF University Challenge’, which will give EnergyNet Student Engagement Initiative (ESEI) students from Nigeria, Ethiopia, Egypt, South Africa and Senegal the opportunity to be crowned ‘2019 University Challenge Champions’. With two semi-finals and a final, the 2019 champions will go on to defend their crown AEF 2020 in Barcelona.

The event will come to a close same day with a closing session, while the Portuguese Minister of Environment and Energy Transition will announce the tender process for 2,000MgW of a solar project in Portugal.

This will be followed with closing remarks and announcement of AEF 2020 by the Managing Director, EnergyNet Simon Gosling.

20 energy ministers, 2,500 delegates brainstorm as 21st Africa Energy Forum begins in Lisbon
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Kassym-Jomart Tokayev, elected as Kazakhstan president https://tribuneonlineng.com/217579/ Mon, 10 Jun 2019 10:47:17 +0000 https://tribuneonlineng.com/?p=217579 Tribune Online
Kassym-Jomart Tokayev, elected as Kazakhstan president

Tokayev

Kazakhstan’s interim president Kassym-Jomart Tokayev, the chosen successor of veteran ruler Nursultan Nazarbayev who retains sweeping powers, has won a snap presidential election which observers say was tarnished by violations of basic freedoms. Nazarbayev, who ruled oil producer Kazakhstan for almost three decades, handpicked the 66-year-old career diplomat as his successor when he stepped down […]

Kassym-Jomart Tokayev, elected as Kazakhstan president
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Kassym-Jomart Tokayev, elected as Kazakhstan president

Tokayev

Kazakhstan’s interim president Kassym-Jomart Tokayev, the chosen successor of veteran ruler Nursultan Nazarbayev who retains sweeping powers, has won a snap presidential election which observers say was tarnished by violations of basic freedoms.

Nazarbayev, who ruled oil producer Kazakhstan for almost three decades, handpicked the 66-year-old career diplomat as his successor when he stepped down in March. In a power-sharing arrangement, Nazarbayev, 78, remains chairman of the influential Security Council and leads the ruling Nur Otan party.

Kassym-Jomart Tokayev, elected as Kazakhstan president
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Moldovan president suspended, snap election called as crisis deepens https://tribuneonlineng.com/217435/ Sun, 09 Jun 2019 14:38:28 +0000 https://tribuneonlineng.com/?p=217435 Tribune Online
Moldovan president suspended, snap election called as crisis deepens

Moldovan

A Moldovan court temporarily relieved President Igor Dodon of his duties on Sunday to allow a stand-in to call a snap election, deepening a standoff between rival political parties over the formation of a new government after months of deadlock. Dodon’s replacement, former prime minister Pavel Filip, immediately announced a snap election for September, while […]

Moldovan president suspended, snap election called as crisis deepens
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Moldovan president suspended, snap election called as crisis deepens

Moldovan

A Moldovan court temporarily relieved President Igor Dodon of his duties on Sunday to allow a stand-in to call a snap election, deepening a standoff between rival political parties over the formation of a new government after months of deadlock.

Dodon’s replacement, former prime minister Pavel Filip, immediately announced a snap election for September, while thousands of supporters of Filip’s party rallied in the capital, Chisinau.

According to Reuters the crisis threatens more instability in one of Europe’s smallest and poorest nations of 3.5 million people, where entrenched corruption and low living standards have pushed many citizens to emigrate to Russia or wealthier European countries.

Dodon’s Russian-backed Socialist party had on Saturday announced it was forming a coalition government with the pro-European Union ACUM bloc, an unlikely alliance designed to keep a party run by tycoon Vladimir Plahotniuc out of power.

Plahotniuc’s Democratic Party of Moldova said the new administration had tried to usurp power at Russia’s behest, criticizing Dodon’s refusal to dissolve the parliament after parties missed a court-mandated June 7 deadline to form a government.

ALSO READ: Thousands protest against extradition bill in China

More than 10,000 of Plahotniuc and Filip’s party supporters held a protest, calling Dodon a “traitor” and demanding his resignation.

Dodon said the court was not politically independent and accused the Democrats of trying to cling to power. He called on the international community to step in.

“Moldovan citizens with different views on domestic and foreign policy can unite for the sake of a common goal: the liberation of the Republic of Moldova from the criminal, dictatorial regime,” Dodon said in a statement.

“We have no choice but to appeal to the international community to mediate in the process of a peaceful transfer of power and/or to call on the people of Moldova for an unprecedented mobilization and peaceful protests.”

The court appointed Filip as interim president to allow him to sign a decree for an election. Filip said Dodon had not fulfilled his duties by failing to dissolve parliament and called it an attempt to stage a “coup”.

Moldovan president suspended, snap election called as crisis deepens
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Thousands protest against extradition bill in China https://tribuneonlineng.com/217432/ Sun, 09 Jun 2019 14:21:18 +0000 https://tribuneonlineng.com/?p=217432 Tribune Online
Thousands protest against extradition bill in China

China

Hong Kong was plunged into a fresh political crisis on Sunday night after several hundred thousand people took to the streets to thwart a proposed extradition law that would allow suspects to be sent to mainland China to face trial. Organizers said their initial estimates put the turnout at well over half a million people, […]

Thousands protest against extradition bill in China
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Thousands protest against extradition bill in China

China

Hong Kong was plunged into a fresh political crisis on Sunday night after several hundred thousand people took to the streets to thwart a proposed extradition law that would allow suspects to be sent to mainland China to face trial.

Organizers said their initial estimates put the turnout at well over half a million people, saying it outstripped a demonstration in 2003 when 500,000 hit the streets to challenge government plans for tighter national security laws.

Those laws were later shelved and a key government official forced to resign. Sunday’s outpouring was already raising the pressure on the administration of Hong Kong Chief Executive Carrie Lam and her official backers in Beijing Reuters said.

“She has to withdraw the bill and resign,” veteran Democratic Party lawmaker James To told crowds gathering outside the city’s parliament and government headquarters on Sunday night.

ALSO READ: G20 economies lay new principles for lending, borrowing

“The whole of Hong Kong is against her.” To spoke, thousands were still arriving, having started the march five hours earlier, filling four lanes of a major thoroughfare. Some sat in a nearby park singing “Hallelujah”, but on a nearby road, tensions were building after hours of peaceful protest.

Riot police armed with batons and helmets were gathering while government-funded broadcaster RTHK reported that they used pepper spray on six masked men trying to block the road.

Lam had yet to comment on the rally. The demonstration capped weeks of growing outrage in the business, diplomatic and legal communities, which fear corrosion of Hong Kong’s legal autonomy and the difficulty of ensuring basic judicial protections in mainland China.

US and European officials have issued formal warnings – concern matched by international business and human rights lobbies that fear the changes would dent Hong Kong’s rule of law. The former British colony was handed back to Chinese rule in 1997 amid guarantees of autonomy and various freedoms including a separate legal system, which many diplomats and business leaders believe is the city’s strongest remaining asset.

The unusually broad opposition to the rendition bill displayed on Sunday came amid a series of government moves to deepen links between southern mainland China and Hong Kong.

Thousands protest against extradition bill in China
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G20 economies lay new principles for lending, borrowing https://tribuneonlineng.com/217427/ Sun, 09 Jun 2019 11:48:09 +0000 https://tribuneonlineng.com/?p=217427 Tribune Online
G20 economies lay new principles for lending, borrowing

G20 Finance leaders on Sunday adopted new principles to ensure countries that lend and borrow for infrastructure spending do so in a sustainable manner. This is a move seen as addressing concerns that China’s lending practices have saddled some emerging nations with huge debt. The principles, signed off by the Group of 20 finance leaders […]

G20 economies lay new principles for lending, borrowing
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Tribune Online
G20 economies lay new principles for lending, borrowing

G20 Finance leaders on Sunday adopted new principles to ensure countries that lend and borrow for infrastructure spending do so in a sustainable manner.

This is a move seen as addressing concerns that China’s lending practices have saddled some emerging nations with huge debt.

The principles, signed off by the Group of 20 finance leaders who gathered in the southern Japan city of Fukuoka, called for securing transparency and responsible, sustainable financing for infrastructure projects.

“We stress the importance of maximizing the positive impact of infrastructure to achieve sustainable growth and development while preserving the sustainability of public finances,” the G20 finance leaders said in a communique.

They endorsed the G20 Principles for Quality Infrastructure Investment as their “common strategic direction and high aspiration” at their two-day meeting that ended on Sunday.

The G20 finance ministers and central bank governors will seek endorsement for the principles at their leaders’ summit to be held in Osaka, western Japan, on June 28-29.

As this year’s G20 chair, Japan has been spearheading efforts to find common ground on ways to address an increasing number of developing nations saddled with massive debt for building of roads, railway and port facilities.

ALSO READ: G20: Pope makes case for the poor, marginalised

Some of them were part of China’s Belt and Road Initiative, which critics say includes high-cost projects that put borrowing countries in a debt trap – a claim Beijing denies, with President Xi Jinping in April saying the initiative must be green and sustainable.

China, which was initially cautious about the new principles, has become more accepting of the idea as it saw the economic and financial benefits of promoting high-quality infrastructure, Japanese officials involved in the negotiations on the principles have said.

U.S. Treasury Secretary Steven Mnuchin said the debt transparency initiative was not aimed at reining in China’s Belt and Road, despite the Treasury’s past criticism that the programme has saddled poor countries with unsustainable debt. He told Reuters in an interview that debt transparency was an important objective for all G20 countries.

“I don’t think that should be aimed at China. I think the answer is, this is an important initiative that should be a G20 initiative,” Mnuchin said.

While most of the Belt and Road projects are continuing as planned, some have been shelved for financial reasons including a power plant in Pakistan and an airport in Sierra Leone.

G20 economies lay new principles for lending, borrowing
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