QATAR | Page 20 INDEX QATAR 2, 20 3, 4 REGION 4 ARAB WORLD INTERNATIONAL 5 – 17 COMMENT 18, 19 BUSINESS 1 – 12 CLASSIFIED SPORTS 7 1 – 12 SPORT | Page 1 Mayweather set for richest sports year ever Call for more student involvement in museum projects DOW JONES QE NYMEX 17,763.24 11,699.03 49.14 +65.06 +0.37% +168.02 +1.46% -0.95 -1.90% Latest Figures pu KENYA | Reaction Qatar condemns attack on university Qatar yesterday condemned the attack on Kenya’s Garissa University which led to the murder of 148 people and the injury of dozens more. Qatar’s Ministry of Foreign Affairs, in a statement, “condemned violence in all its forms regardless of its motives”, the official Qatar News Agency (QNA) said. “The statement also expressed Qatar’s sincere condolences to the family of the victims and to the government and people of Kenya,” the QNA said. The bodies of the 148 students and security officers killed by Somalia’s Shebaab militants in the university were flown yesterday to Nairobi and their desperate and grieving loved ones. The day-long siege of Garissa University was Kenya’s deadliest terror attack since the 1998 bombing of the US embassy in Nairobi. Page 5 QATAR | Event Law faculty to hold Moot Court contest The Faculty of Law at Qatar University, in collaboration with Doha Centre for Media Freedom, will organise the second regional Arabic Moot Court Competition from tomorrow to Wednesday. Eight Arab teams from universities of Bir Zeit, Sultan Qaboos, Kuwait, Tunisia, Baghdad, Jordan, Qatar and the Beirut Arab University will participate. The Arabic Moot Court Competition is an academic exercise in which teams of students from 10 different law schools will act as advocates as they make written and spoken arguments to simulate an actual criminal law case being held before a high court. EUROPE | Crash Germanwings co-pilot ‘accelerated descent’ The pilot at the controls of a Germanwings jet that crashed in the French Alps accelerated the plane into the mountainside, killing all 150 people on board, according to French investigators. France’s BEA crash investigation agency declined to confirm growing evidence against the co-pilot before completing its own analysis, but the chilling new detail from a newly recovered second “black box” seemed to corroborate prosecutors’ claims that he killed himself and everyone else deliberately. Page 11 MALI | Unrest Police uncover ‘major attack’ plot Detectives investigating an explosion at a house in Mali’s capital that killed a security guard yesterday said they had uncovered plans for a “major attack”. Car wash centres in and around Doha experienced heavy rush yesterday as motorists lined up to clean their vehicles from the dust accumulated on account of the severe sandstorm that lashed the country on Wednesday night. Serpentine queues could be seen in front of most of the car wash outlets and people had to wait for several hours to get their vehicles tidied up. PICTURE : Shaji Kayamkulam Sea tourism sector booming in Qatar By Joey Aguilar Staff Reporter S ea tourism in Qatar is booming due to the growing interest of residents in cruising, swimming and diving as well as their keenness to celebrate special occasions on board yachts. “An increasing number of people want to cruise along Doha’s coastal waters,” Doha Yachting operations manager Loui Sheikh told Gulf Times during a recent cruise aboard Italian brand Azimut’s luxurious Lavender 46ft yacht. “Many residents want to try new adventures besides going for a safari ride in the desert,” explained the official who described Doha Yachting as the first luxury yacht chartering company in Qatar. “The weekend remains the busiest time but some customers come during the weekdays as well,” said Sheikh. “Our four vessels are always out in the sea.” Many residents go for cruising, swimming and diving. Some families and groups celebrate anniversaries, birthdays and other special occasions on board luxurious yachts such as the Lavender which can accommodate at least 16 people. Some customers prefer dinner cruises and island hopping while others like to go around with their jet skis. Aliyah island, home to desert hares and a variety of birds such as flamingos, gulls and cormorants, provide boaters with an opportunity to observe local species in their natural habitat. Other islands worth visiting include Palm Tree Island and Al Safia which are around 10 and 15 minutes from Doha by boat. The Qatar peninsula also covers several islands but those looking to explore beyond Doha’s activity-filled islands have to travel longer. Shrao, located three hours from Doha by speedboat, is a haven for seabirds and visitors can also enjoy spotting turtles and admiring the small fringe reef on its soft, sandy beach. Haloul island showcases spectacu- A view of the luxury room of Lavender. PICTURES: Jayan Orma Lavender, the luxury yacht, can accommodate 16 people. lar views with hills rising to 190ft and its coral reefs and beautiful shoals of coral fish, ideal for scuba divers to explore and observe marine life. Ishat island consists of three flat-topped islets bordered with stunning cliffs. Fishing has also attracted many people, knowing that Qatar’s waters have various kinds such as barracuda, king fish. The opening of high-end and luxury resort hotels has helped boost Qatar’s sea tourism, according to Sheikh. The previously uninhabited Banana Island has recently been transformed into a five-star island resort with a shallow rocky side ideal for snorkelling. While sea tourism becoming popular, he cited the growing competition in the business with many players offering more services and bringing new ideas into the Qatari market. “This means customers would be getting better services as well as new offerings,” Sheikh observed. While prices in Qatar are a bit higher than other GCC destinations such as Dubai, the official said the Qatari market is responding positively. “I have been in the company for two years and I see a lot of difference since we started,” he pointed out. The company is now co-ordinating with diving schools to organise trips for their students once or twice a week. Mourjan Marinas operations manager Mohamed El Newishy echoed the statements of Sheikh, describing Qatar as “a boater’s paradise”. Located on the west coast of the Arabian Gulf and surrounded by water on three sides, the country is home to a wealth of cruising and water sports opportunities to explore from luxurious anchoring destinations. in In brief d Drivers flock to car washes he R is bl TA 978 A 1 Q since GULF TIMES SATURDAY Vol. XXXVI No. 9682 April 4, 2015 Jumada II 15, 1436 AH www. gulf-times.com 2 Riyals Iran sees ‘new page’ with world after deal Crippling sanctions over Iran’s nuclear ambitions have left the country’s economy reeling and the announcement of the deal has been greeted with celebrations AFP Tehran I ran vowed to stand by a nuclear deal with world powers yesterday as President Hassan Rouhani promised it would open a “new page” in the country’s global ties. Keen to win over domestic sceptics, Iran’s leaders pushed the merits of a potentially historic agreement, with clerics touting its virtues at Friday prayers in mosques. The framework agreement - reached on Thursday after marathon talks in Switzerland -was hailed by world leaders as a major breakthrough in the 12year standoff between Iran and the West, which has long feared Tehran wants to build a nuclear bomb. Diplomats, however, warned that much work remained and Prime Minister Benjamin Netanyahu of Israel claimed the potential agreement posed a “grave danger” to global security. But in a live televised address, Rouhani said it could mark a turning point for the Islamic republic’s relations with the rest of the world. “If the other side honours its promises, we will honour our promises,” he said. “New co-operation with the world - both in the nuclear sphere and other areas - will open a new page” for Iran, he said. The Islamic republic’s supreme leader Ayatollah Ali Khamenei, who will have the final say on any deal, has not yet reacted to Thursday’s announcement. But the proposed agreement could still face opposition from Iranian hardliners against making any concessions limiting the country’s nuclear programme. Several conservative websites published comments from Mehdi Mohammadi, a political analyst, describing the deal as “in no way balanced” and parts of it as a “disaster”. The country’s powerful religious authorities lined up behind it, however. In a sermon that state media said was replicated nationwide, Ayatollah Mohamed Emami-Kashani praised the agreement to worshippers in Tehran. Earlier, well-wishers had hailed Iran’s nuclear negotiators as they returned to Tehran from the talks in Lausanne, with dozens lining the streets and carrying Iranian flags. Crippling sanctions over Iran’s nuclear ambitions have left the country’s Iranian President Hassan Rouhani speaking during a press conference in Tehran yesterday. economy reeling and the announcement of the deal was greeted with celebrations. Hundreds took to the streets of Tehran in the early hours of yesterday, with drivers sounding their horns in approval, people flashing V-signs for victory and dancing while waving white handkerchiefs in a traditional Iranian celebration. US President Barack Obama had earlier welcomed the “historic understanding” with Iran after decades of hostility, warning like other leaders that work remains to finalise a highly complex agreement by June 30. The so-called P5+1 group - the US, Britain, China, France and Russia plus Germany - hope that the deal will make it virtually impossible for Iran to produce nuclear weapons. Iran, one of the world’s major oil producing countries, has always denied seeking the atomic bomb, saying its activities are for energy generation and research. Page 3 Emir receives call from Obama HH the Emir Sheikh Tamim bin Hamad al-Thani yesterday received a call from US President Barack Obama. President Obama discussed with HH the Emir the outcome of the 5+1 meeting with Iran in Switzerland. He stressed his administration’s commitment to the region’s peace and stability. For his part, HH the Emir expressed the State of Qatar’s support to a peaceful resolution and the importance of having the region free of nuclear weapons. The Emir also expressed hope that the deal with Iran would enhance security and stability in the region. Saudi-led coalition in no ‘rush’ over Yemen AFP Riyadh A Saudi-led coalition trying to halt the advance of Shia rebels in neighbouring Yemen is in no rush, its spokesman said yesterday, nine days into a campaign of air strikes. “Nine days is not that much time,” particularly because the coalition is confronting militiamen rather than an organised army, Brigadier General Ahmed Assiri told reporters. “We should not be in a rush,” he said. “The campaign is achieving its goals and you can see that every day.” The coalition aims to defeat the Houthi rebels who seized power in the capital Sanaa in February. The Iran-backed rebels are allied with military units loyal to Yemen’s former president Ali Abdullah Saleh. Meanwhile, two more Saudi soldiers have been killed on the border with Yemen. “Two soldiers from the border guards were martyred during an exchange of fire at a border point in Asir region” in Saudi Arabia’s southwest, said a spokesman of the interior min- istry, cited by the official Saudi Press Agency (SPA). “They were subject to heavy fire from a mountainous region inside the Yemeni border, which made it necessary to respond in the same manner. The situation was controlled with support from the ground forces,” the spokesman said. The deaths come a day after the ministry announced the first Saudi casualty - a soldier shot from the Yemenis side of the border in the same area - since the coalition led by Riyadh launched air strikes against the Houthi rebels on March 26. Saudi Arabia has 150,000 troops and 100 warplanes assigned to the Yemen operation, according to a Saudi adviser, but says it has no plan for now to send ground forces into the neighbouring country. After a night of intense coalition bombardment, rebel forces yesterday withdrew from President Abd-Rabbu Mansour Hadi’s palace in Aden. “The Houthi militia and their allies withdrew before dawn from the AlMaashiq palace,” a senior official said in Aden. The rebels retreated to the nearby central district of Khor Maksar. Page 4 People celebrating in Tehran after the announcement of the nuclear agreement. 2 Gulf Times Saturday, April 4, 2015 QATAR Teaching and Learning Forum begins on May 9 Qatar Foundation’s (QF’s) Education Development Institute is set to organise the second annual Teaching and Learning Forum on May 9 at the Qatar National Convention Centre. The event, which falls under the umbrella of QF’s Pre-University Education Office, will promote professional development and lifelong learning. “This year we are expecting more than 800 participants,” said Sheikha Noof Ahmed bin Saif al-Thani, director, Pre-University Education Office. The aim of the forum is to create opportunities for teachers in Qatar to share their knowledge with other teachers within the community, she explained. “By offering this platform that empowers teachers to reach their full potential, we are helping to foster excellence and support QF’s vision to unlock the human potential of future generations,” she added. The conference will bring together K-12 teachers, who provide education at levels ranging from kindergarten up to year 12, from across the country to network, discuss, and collaborate with each other. Man dead, three injured in accidents One expatriate was killed and three others were injured in different accidents on Tuesday and Wednesday, local daily Arrayah reported yesterday. A Yemeni man was fatally injured in Al Rayyan area by a moving vehicle while he was trying to cross the road. In another accident in Industrial Area, two persons were severely injured when a water tanker overturned. In an accident in Doha city, a motorbike rider suffered serious injuries when his bike overturned. A number of minor road traffic accidents were reported on Wednesday. But there were no injuries. The largest number of accidents, 158, was reported at Madinat Khalifa Traffic Department, the daily added. 123 students selected to take part in youth forum Q atar Foundation (QF) has received 185 applications from students at universities across Qatar for the Doha Youth Forum on Crime and Criminal Justice to be held next week. Some 123 Qatari and international participants in the age group of 16-26 have been selected for the event. The forum is the first event of its kind in the Middle East and will be held over three days from April 7 to 9 at the Qatar National Convention Centre. It has been timed to precede the 13th United Nations Congress on Crime Prevention and Criminal Justice slated for April 12-19 in Doha. The youth forum is organised by Qatar Foundation in collaboration with the organ- ising committee of the 13th United Nations Congress on Crime Prevention and Criminal Justice. The forum is a unique initiative launched by Qatar to engage young people on issues related to crime prevention and criminal justice, as well as familiarise them with the role of the UN and its functions. Additionally, it will discuss student issues in the region and challenges faced by communities in fighting and preventing crime. It will also suggest practical solutions to issues of criminal justice. The event supports QF’s strategic objective to promote the culture of innovation and creativity while nurturing the human development of the country’s future leaders within an engaged society. The student delegates will role-play the 13th UN Congress on Crime Prevention and Criminal Justice, as part of the forum, to discuss three designated themes. The first theme addresses successes and challenges in implementing comprehensive crime prevention, criminal justice policies and strategies to promote the rule of law at national and international level, and support sustainable development. The second theme questions national approaches to public participation in strengthening crime prevention and criminal justice. The final theme will engage young participants on their responses to evolving forms of crime such as cybercrime and Some of the youth participants attending an orientation programme trafficking in cultural property, including lessons learned and international co-operation. Following the conclusion of the Forum, specially selected students will be given the once- in-a-lifetime opportunity to present the findings and chosen recommendations from their summit to the UN Congress on Crime Prevention and Criminal Justice a few days later. Students and organisers are currently completing final preparations for the event, to ensure that participants’ voices will be brought to the forefront at the forum. Another award for Qatar e-Nature app Q Jack Saba accepting the award. atar e-Nature, the first-ofits-kind smartphone application in the region, has received a second honour for excellence. In a ceremony in Kuwait, representatives of Sasol and Friends of the Environment Centre (FEC) received a “Best Arab Government Smart Applications” award as part of the Smart Government Awards. The awards were held under the patronage of Sheikh Mohamed Abdullah al-Mubarak al-Sabah, Minister of State for Cabinet Affairs and chairman of the Central Agency for Information Technology in Kuwait. Jack Saba, GM of public affairs at Sasol Qatar, received the award on behalf of Sasol and FEC from Sheikh Mohamed at a ceremony held in Kuwait last week. “The growing number of awards Qatar e-Nature has received around the region speaks of the unique and significant value it provides to bring the love of nature to life for the young generation and citizens in general. We hope it inspires others to use innovative technologies to bring the love of nature to more people in the GCC,” said Dr Saif al-Hajari, chairman of FEC. This Smart Government Award comes shortly after the Qatar e-Nature app received the Best m-Government Service Award in the envi- ronment category on a regional level from Sheikh Mohamed bin Rashid al-Maktoum, UAE Vice-President, Prime Minister and Ruler of Dubai. Launched in 2013, the Qatar eNature app highlights plant, bird, insect, mammal and reptile life in the country. Sasol created the app under its corporate social responsibility programme in partnership with FEC. Marjo Louw, president of Sasol Qatar, said: “We are proud to see the growth and recognition the Qatar e-Nature application has received in the region. We thank Minister alSabah and the government of Kuwait for their recognition of our efforts.” Gulf Times Saturday, April 4, 2015 3 REGION Netanyahu wants Israel ‘right to exist’ accepted AFP Jerusalem P rime Minister Benjamin Netanyahu demanded that Iranian recognition of Israel’s right to exist be written into an emerging nuclear deal, as he convened top officials for talks yesterday. After meeting his security cabinet, which comprises key ministers, National Security Adviser Yossi Cohen and other officials, he said they were unanimous in their opposition to the framework agreement which emerged on Thursday from marathon talks in Switzerland between the Islamic Republic and world powers. “The cabinet is united in strongly opposing the proposed deal,” he said in a statement at the end of the meeting, hours before the onset of the week-long Passover Jewish holiday. “Some say that the only alternative to this bad deal is war,” he added. “That’s not true. There is a third alternative - standing firm, increasing the pressure on Iran until a good deal is achieved.” And he stipulated that one of the provisions of a “good deal” must be an end to Iranian threats against the Jewish state. “Israel demands that any final agreement with Iran will include a clear and unambiguous Iranian recognition of Israel’s right to exist,’ he said. “Israel will not accept an agreement which allows a country that vows to annihilate us to develop nuclear weapons, period.” Israel is the Middle East’s sole, albeit unacknowledged, nuclear power. Repeating previous Israeli warnings, Intelligence Minister Yuval Steinitz said on Thursday that all options were open. “If we have no choice, we have no choice... the military option is on the table,” he said. Government spokesman Mark Regev said yesterday that the path agreed in Lausanne toward a permanent deal was “a very, very dangerous direction”. “Iran’s nuclear programme doesn’t just threaten my country, Iran’s nuclear programme threatens the peace and the security of the world,” he said. The framework deal clinched by Iran and the so-called P5+1 group of nations marked a significant breakthrough in a 12-year standoff between Tehran and world powers over its nuclear programme. Under the outline agreement, Iran agreed to sharply curtail its uranium enrichment capacity in return for the lifting of punitive sanctions that have crippled the country’s economy. Netanyahu took his battle against the deal last month to the US Congress, where he laid out Israel’s concerns to repeated standing ovations from lawmakers. The trip infuriated the White House and plunged US-Israeli relations to their frostiest for years. Shortly after the outline of a deal targeted for the end of June was revealed, Israeli government officials slammed it as “a historic mistake which will make the world far more dangerous”. “It is a bad framework which will lead to a bad and dangerous agreement,” they said on condition of anonymity. Under the deal, Iran’s stocks of highly enriched uranium will be cut by 98% for 15 years, while its unfinished Arak reactor will not produce weaponsgrade plutonium. The powers hope that this, along with a reduction in its uranium centrifuge numbers, will make it virtually impossible for Iran to produce nuclear weapons. Israeli media were divided over the accord, with an opinion piece in the daily Haaretz calling it “not a bad deal at all”. “Iran perhaps scored some victories in terms of the narrative... but the world powers made significant achievements of their own on the real practical issues,” the leftleaning paper said. The Jerusalem Post, in an article by British journalist Melanie Phillips, however, said the continuation of talks towards a lasting deal was a “terrifying situation”. “The US has been prepared to allow a regime that is openly pursuing America’s destruction and the annihilation of Israel to achieve nuclear weapons breakout capacity,” she wrote. Saudi hopeful over Iran deal but many still have concerns Reuters Riyadh S audi Arabia has publicly welcomed a framework nuclear deal with Tehran, but in private mistrust remains deep. King Salman told US President Barack Obama by phone on Thursday that he hoped a final settlement of the nuclear dispute would “strengthen the stability and security of the region and the world”. However, many Saudis were concerned about the implications of the framework deal that Iran reached with world powers on Thursday, intended to open the way for negotiating a final settlement by mid-year. “It’s about verification. If they don’t comply, the boycott will be reimposed. This is a reassuring result,” said a Gulf source close to official Saudi thinking, but added that Riyadh was still worried about Tehran’s role in the region. “Iran may think that as a result of this accord it is on the road to respectability,” he said. The framework agreement reached in Lausanne curbs Iran’s nuclear programme for at least a decade and gradually lifts Western sanctions on the oil producer, but is contingent on reaching the final pact by June 30. Arab leaders have been alarmed by Tehran’s drive to expand its influence and tighten its grip through allied forces and militias on Arab states, from Iraq to Lebanon, and Syria to Yemen. Ali Khedery, a former adviser to US ambassadors in Baghdad, said he was concerned the accord in effect recognised Iran as a country on the threshold of a nuclear weapons capability. Khedery raised the question of whether Iran wanted to become “a respectable and respected member of the international community”, or continue as an exporter of revolutionary ideology as “a radical, militant Shia Islamist theocracy”. “If it’s the latter, then this will be a disaster, and they will be able to consolidate their control over Arab regions where they are active,” he said. The foreign ministry in Bahrain, which accuses Tehran of stirring up unrest among its mostly Shia domestic opponents, said it hoped to see “a qualitative change in Iranian policy toward non-interference in the internal affairs of countries in the region”. Tehran denies fomenting instability in Bahrain. Saudi media cautiously welcomed the framework deal. “It seems that Iran’s dream to acquire nuclear weapons dissipated in the Swiss city of Lausanne yesterday,” the daily Al Watan newspaper wrote yesterday. Riyadh believes Iranian backing for Hezbollah in Lebanon, President Bashar al-Assad in Syria, Shia militias in Iraq and the Houthis in Yemen has destabilised the region. “It’s not that we expect the West’s relationship with Iran will be particularly cosy... It’s more that a lifting of sanctions will help Iran, even if oil prices are weaker, and that this could embolden its behaviour,” said a Saudi businessman familiar with official thinking. Saudi concerns were raised by how the Lausanne talks were preceded by months of secret negotiations between Iran and the Obama administration in 2013. It contributed to Saudi fears that Washington was steadily disengaging from the Middle East, and that it could no longer be counted on to back old allies and police the activities of common foes. Obama addressed those concerns on Thursday with reassurances to Gulf Arab states that the deal would not affect Washington’s opposition to Iran’s behaviour in the region, and a promise to invite them soon to Washington. “He said our disagreements with Iran on its political behaviour and its using proxies to destabilise the region, that’s still there. And the sanctions related to these differences will remain in place,” said Khaled al-Dakhil, a political science professor in Riyadh. “If that’s the case, as it looks now, then I believe the agreement will be acceptable to the Saudis,” he added. Oman, which helped host some of the diplomacy that led to the framework deal, welcomed the agreement yesterday. Oman’s foreign ministry called the accord “a fundamental and important stage on the path to a final agreement by June 30, which opens a new phase towards more security and stability regionally and internationally”, according to the state news agency. Zarif waves to the crowd at Mehrabad airport in Tehran yesterday. Nuclear negotiators given rousing welcome in Tehran AFP Tehran A crowd of well-wishers hailed Iranian negotiators yesterday as they returned to Tehran after agreeing the framework of a potentially historic nuclear deal with world powers, Iranian news agencies reported. Several dozen people greeted Foreign Minister Mohamed Javad Zarif and his team as they left Tehran’s Mehrabad airport after returning from the negotiations in Lausanne, the Isna news agency reported. “Viva Zarif! Viva Araqchi!” the crowd chanted, in reference to the minister and one of the main negotiators, Abbas Araqchi. Tehran Friday prayer leader hails accord Reuters Dubai/Beirut T he leader of Friday prayers in Tehran hailed a framework nuclear deal reached by Iran and world powers, a sign that Supreme Leader Ayatollah Ali Khamenei and other hardliners will back the accord. Ayatollah Mohamed Emami-Kashani, a 78-year old hardline cleric, gave the weekly sermon at Tehran University—a duty that rotates around senior members of Iran’s conservative clerical establishment. “The negotiating team is firm, wise and calm,” Emami-Kashani said, according to the Iranian Students’ News Agency (Isna). “The Supreme Leader supports these representatives,” he added. Iranian President Hassan Rouhani initiated the talks with the United States, Britain, France, China, Russia and Germany after winning power in 2013, dispatching his foreign minister, Mohamed Javad Zarif, to lead the negotiations. “We really have to say congratulations and well done to the president and Mr Zarif,” Emami-Kashani said. Emami-Kashani spoke from behind a podium emblazoned with a saying from the leader of Iran’s revolution, Ayatollah Khomeini, which read: “We will put America beneath our feet.” The choice of clerics leading Friday prayers and the speeches they give are often co-ordinated with the office of the supreme leader. Khamenei has not yet spoken about the deal. He has supported negotiations but continued to lard his speeches with denunciations of the United States, which he mistrusts deeply. Despite the praise for the framework agreement and the negotiating team, Emami-Kashani also sounded a cautionary note to the countries involved in the talks. “If you break a promise, then Iran will break its promise.” In brief remarks at the airport, Zarif praised Iran’s Supreme Leader Ayatollah Ali Khamenei for “his remarkable support for the negotiating team and his guidance” in the talks, the official Irna news agency reported. Reaching out to Iranian hardliners who have opposed any deal that would curb Tehran’s nuclear activities, Zarif said work remained to finalise the agreement before a June 30 deadline. “This set of solutions will be the basis for writing a final document,” he said at the airport. “In negotiations, it is not supposed to be one side taking all the advantages and the other side surrendering,” Zarif said. “We are proud because we will never surrender... but in return for the advantages that we gain, we will give things in return so we can move on,” he said. “We have serious goals in the negotiations and eventually, based on what we have achieved so far, we believe we can reach them,” he added. Residents lined the streets as Zarif drove away from the airport, some carrying Iranian flags, with the minister emerging from the sunroof of his car and waving to the crowd. Ali Akbar Salehi, who led the technical negotiations in Lausanne, said the outline agreement was a major step forward. “We will move on,” Salehi said on arrival in Tehran. “We are on the launching pad—in international relations, technology, trade and the economy.” In the wake of Thursday’s agreement, several conservative websites published comments from Mehdi Mohammadi, a political analyst, describing the deal as “in no way balanced”. He said the agreement was a “disaster for Fordow”, referring to a nuclear facility that will remain open but not used for enrichment. He also said the deal was “vague on the timing of sanctions relief”. Saeidollah Allahbedashti, an aide to President Hassan Rouhani, denounced claims that he said were undermining the achievements of negotiators. “The public has proven it can understand the difference between traitors and those who serve” their country, he said at the airport. New visa rules make Bahrain travel easier F Women sitting in a car flash the “V for Victory” sign as they celebrate in Tehran on Thursday after the announcement of the framework deal. ollowing on from the new visa policy announced in September 2014, the Bahrain government has announced the second phase of updates, which will allow business visitors and tourists to spend longer periods of time in the country and also improve ease of access for GCC residents and visa holders. In October 2014, a new visa policy was implemented, allowing nationals from over 100 countries to obtain a visa either online ahead of travel, via the Bahrain government’s eVisa website (www.evisa.gov. bh), or on arrival. Data from October 2014 to February 2015 show that more than 1,400 visitors from the 32 new countries eligible for visa on arrival and more than 2,300 visitors from the 36 new countries eligible for eVisas benefited from the new policies, according to a statement. From this month, both business visitors and tourists will be able to spend longer periods of time in Bahrain as the new policy dictates that business visas will be valid for a month and are multi-entry, while visitor visas are valid for three months and are also multi-entry. GCC residents of any nationality will be eligible to receive multi-entry visas on arrival or online, making it easier for expatriates living in the region to travel to Bahrain. Further, nationals of countries that are not included in the countries eligible for eVisas or visas on arrival can still apply for eVisas if they have a visit visa for any other GCC country. Sheikh Ahmed bin Isa alKhalifah, assistant undersecretary for the General Directorate of Nationality, Passports and Residence Affairs at Bahrain’s ministry of interior, said: “We are pleased the data show that a significant number of people are already benefiting from a greater ease of access into Bahrain, supporting the business and tourism sectors in the kingdom. The second phase of updates will lead to further benefits for visitors, with increased flexibility and expanded eligibility.” Khalid al-Rumaihi, chief executive of the Bahrain Economic Development Board, added: “The new visa policy is an important development that places Bahrain among the countries with the most flexible visa policies in the region. It enables expatriates who do business in Bahrain to easily travel in and out of the kingdom, as well as boosting the tourism industry, and will help contribute to the continuing economic growth and development in Bahrain.” The new policy is also being accompanied by improvements to the individual screening process, ensuring faster and more effective processing of applications. 4 Gulf Times Saturday, April 4, 2015 REGION/ARAB WORLD Israelis’ kidnap hoax sparks hunt in West Bank AFP Jerusalem T wo Israeli men were remanded in custody yesterday after they raised a false alarm of a possible kidnapping by Palestinian militants in the West Bank to impress an ex-girlfriend. The hoax report, centring on the same area of the occupied West Bank where three Israeli teenagers were kidnapped and murdered less than a year ago, sent hundreds of soldiers, police and agents of the Shin Bet security agency hammering on the doors of frightened Palestinian villagers as they searched house to house in the Hebron district. A hearing in a Jerusalem court found that one of the men, Niv Asraf, had concocted his own disappearance to try to win back his ex-girlfriend. Media reports said the plan was that after going missing he would reappear in a few days claiming to have made a daring escape from his captors. What police said turned into a million-shekel manhunt started on Thursday afternoon. Asraf’s friend, Eran Nagauker, said the two had been travelling together when a tyre on their vehicle blew out near the Palestinian village of Beit Anun. Asraf set out to seek help but failed to return to the car, his companion told police. The village became the focal point of the Israeli search, with troops flooded into the area searching homes and fields and setting up roadblocks, an AFP journalist at the scene said. Asraf was found around midnight camped out in a dry river bed in the sprawling Jewish settlement of Kiryat Arba, next to Hebron, police said. Both men are accused of giving false evidence, breach of public order and obstructing a police officer in the performance of his duty. The June 2014 killings of three teenagers in the Hebron area triggered a series of events that led to a China evacuates foreign nationals Houthi rebels quit palace in Aden, Qaeda makes gains After a night of intense coalition bombardment, rebel forces withdrew from President Abd-Rabbu Mansour Hadi’s palace in Aden, a senior official says AFP Aden S audi-led air raids drove back rebels in the last stronghold of Yemen’s absent president yesterday, while Al Qaeda militants seized a major army base in the southeast of the country. The impoverished state has sunk further into chaos since the coalition spearheaded by Riyadh launched Operation Decisive Storm on March 26 to try to halt the advance by Shia Houthi rebels. The turmoil has raised fears that Al Qaeda will expand its foothold in the deeply tribal country, which lies near key shipping routes. Yesterday the extremists captured the regional army headquarters in Mukalla, capital of the southeastern province of Hadramout, with no resistance, a military official said. The militants now control nearly all of the city, where they stormed a jail and freed 300 inmates a day earlier. UN aid chief Valerie Amos said on Thursday that 519 people had been killed and nearly 1,700 wounded in two weeks of fighting, adding she was “extremely concerned” for the safety of trapped civilians. The conflict has sent tensions soaring between Iran and Saudi Arabia. Iran has angrily rejected accusations of arming the rebels, who have allied with military units loyal to former president Ali Abdullah Saleh to seize large parts of Yemen, including the capital Sanaa. After a night of intense coalition bombardment, rebel forces withdrew from President AbdRabbu Mansour Hadi’s palace in Aden, a senior official said. They had captured the hilltop complex a day earlier in a symbolic blow to Hadi, who has fled to Saudi Arabia. “The Houthi militia and their allies withdrew before dawn from the Al Maashiq palace,” said the official in Aden. The rebel forces retreated to the nearby central district of Khor Maksar, where 12 rebels were reported dead in an overnight attack by pro-Hadi militiamen. The coalition airdropped rifles, Turkey supports Saudi-led operation Turkey wants a political solution to the crisis in Yemen but has offered support to a Saudi-led coalition that has carried out air strikes against Iranian-backed Houthi fighters, Foreign Minister Mevlut Cavusoglu said yesterday. “Turkey announced that we can give logistics support and intelligence support (to the Saudi-led operation), but we are for political solutions,” Cavusoglu told a news conference during a visit to Lithuania. Turkey has not taken an active role in the Saudi-led operations. Cavusoglu said no demands had been made of Ankara beyond political support. But he criticised the Shia Houthi militia. “What the Houthis are doing in Yemen is unacceptable. It’s destabilising the country,” Cavusoglu said. ammunition and communications equipment to supporters of the president in Aden battling to prevent its fall, according to a local official. In Mukalla, several hundred Al Qaeda militants flying the black banner of the extremist network were seen patrolling and setting up roadblocks. Members of Al Qaeda in the Arabian Peninsula (AQAP) launched calls from mosques in the city for “jihad against Shias”, according to residents. “Yemen is gradually drifting towards a civil war of a confessional nature”, which “recalls the early days of the Syrian and Iraqi crises”, said Mathieu Guidere, professor at France’s University of Toulouse. Before the latest chaos erupted, Yemen had been a key US ally in the fight against Al Qaeda, allowing Washington to carry out drone attacks on its territory. The government’s collapse forced the United States to close its embassy and withdraw US special operations forces that were helping Yemeni forces battle AQAP. As a result of the US pullout, “our capability is diminished” against AQAP, a senior military official in Washington said on Thursday. As part of its logistical support for the Saudi-led campaign, the United States will provide aerial refuelling, the official said. The United States was also delivering intelligence from surveillance satellites and aircraft to help the Saudis monitor their border and to track Houthi rebels as they push south, the official added. The intelligence was helping create “a battlefield picture” of where the Houthis were deployed and to enable coalition aircraft to avoid causing civilian casualties, the official said. Reuters Beijing A Soldiers take part in a Saudi-Pakistani joint military exercise at an undisclosed location in Saudi Arabia in this picture provided yesterday by Saudi Press Agency. P rime Minister Haider alAbadi ordered Iraqi forces to oppose vandalism in the city of Tikrit, retaken from the Islamic State group this week, and arrest those responsible, his office said yesterday. Security and military forces were ordered to “deal with cases of vandalism” carried out by “gangs” seeking to tarnish the achievements of government forces and allied paramilitaries, a statement said. Abadi also called on “forces located in Tikrit to arrest everyone who carries out such acts, and preserve properties and facilities in Salaheddin province,” of which Tikrit is the capital. The statement did not specify what prompted the orders, but militiamen have spray painted the names of their groups on homes, shops and other buildings, and also looted clothing and toiletries from shops. Policemen from the rapid re- sponse forces have written graffiti on walls in Tikrit as well. Militiamen have also admitted to intentionally burning houses in other recaptured areas that were believed to have been used by IS or to belong to its supporters. A number of homes and businesses were burning in Tikrit earlier this week, though at least some of the fires were apparently related to efforts to clear the city of bombs. Grand Ayatollah Ali al-Sistani, Iraq’s top Shia cleric who is revered by millions, called on security forces and allied paramilitaries to “preserve and guard citizens’ properties in areas that have been liberated”. Doing so is a “religious and national and moral duty”, Sistani said in remarks read by his representative at Friday prayers in Karbala. Additionally, “it has an important role in encouraging those who have not yet decided to participate in liberating their areas to decide to participate,” he said. “This is an important gain for all.” Chinese naval frigate has evacuated 225 foreign citizens from strife-torn Yemen, its foreign ministry said, marking the first time that China’s military has helped other countries evacuate their people during an international crisis. Ten different nationalities were among the evacuees picked up on Thursday afternoon from Aden and transported to Djibouti, the ministry of foreign affairs said in a statement on its website late Thursday. The ministry said foreign governments - Pakistan, Ethiopia, Singapore, Italy, Germany, Poland, Ireland, Britain, Canada and Yemen - had requested China’s help. A spokeswoman said it was the first time China had carried out a specific evacuation of foreign nationals from a danger zone. A diplomatic source familiar with the operation said it was “very risky” and that fighting had come close to the Chinese warship. “The Chinese ship was in the right place at the right time,” the source said. A spokeswoman for Germany’s foreign ministry confirmed that China had evacuated three Germans to Djibouti, adding that Berlin was “very thankful to the Chinese government for its support”. A state television report yesterday showed evacuees, who were mostly Pakistani, arriving in Djibouti. “We are really thankful to the Chinese government, who really helped us, and took us out (with) the school children,” one woman told China Central Television. The broadcaster showed footage of young children stepping off a Chinese warship waving Chinese flags, and in one case, kissing a seaman on the cheek. The evacuation of foreigners bolsters China’s image at home and abroad, according to Shen Dingli, an international relations professor at Fudan University in Shanghai. “We wouldn’t look very good if we have the capacity to help others but no heart to do it,” Shen said. “Now we look really good,” he added. Militants advance on Syria army base Iraq PM orders arrest of vandals in Tikrit AFP Baghdad devastating 50-day war in the Gaza Strip. That incident sparked a massive West Bank manhunt in which hundreds of Palestinians were arrested and at least five killed. In July, a 16-year-old Palestinian, Mohamed Abu Khder, was kidnapped from East Jerusalem and burned to death in a suspected Jewish revenge attack. AFP Beirut F Men sit on top of a vehicle carrying the coffin of a member of the Shia Badr Brigade, who died in Tikrit in fighting alongside government forces against Islamic State militants, yesterday in the southern city of Basra. ighters from Al Qaeda’s Syrian affiliate and allied militants advanced yesterday on a key government-held military base in northwestern Idlib province, a monitor said. The advance follows the capture of provincial capital Idlib by Al Nusra Front and its allies on Saturday. “Violent clashes have been under way since Thursday night between the army and Al Nusra and its allies... around the Mastuma base,” the Britain-based Syrian Observatory for Human Rights said. The base, 7km south of Idlib city, is the biggest regime base in the province, said Observatory director Rami Abdel Rahman. The opposition groups had launched a “preventative attack on the base” where regime rein- forcements were arriving ahead of a possible bid to recapture Idlib city, he said. The Observatory added that clashes were under way between the Islamist forces and government troops in the area around the Shia-majority village of Fuaa. With the fall of Idlib city, regime forces in the province control only two towns and a handful of districts, along with the Abu Duhur military airport and five military bases. Elsewhere in Syria, militants from the Islamic State group have pushed further into the Palestinian Yarmuk camp in Damascus and now control 70% it, according to the Observatory. IS launched an assault on Wednesday on the camp, after Palestinian groups inside arrested several militants. Palestinian fighters and Syrian rebels initially pushed back the IS assault but the militants counterattacked and have made fresh ad- vances since Thursday inside the camp. They have reportedly captured a square where the camp’s 18,000 residents usually gather to receive aid handouts. The UN agency for Palestinian refugees Unrwa expressed concern about the situation, saying it had been unable to deliver aid to the camp since Wednesday. “Unrwa remains acutely anxious about the humanitarian impact of continuing armed conflict between armed groups inside Yarmuk,” spokesman Chris Gunness said. “With intense fighting continuing into a third day, the lives and safety of the 18,000 Palestinian and Syrian civilians inside Yarmuk are substantially threatened.” The Observatory said government forces were shelling parts of Yarmuk intensively while Palestinian fighters battling IS militants were running low on ammunition. Gulf Times Saturday, April 4, 2015 5 AFRICA Prayers no defence as non-Muslims targeted Shebaab threatens new attacks in Kenya DPA/AFP Nairobi/Mogadishu S hebaab has threatened to carry out new attacks in Kenya as the government in Nairobi announced the permanent closure of the university college where the Somali Islamist group carried out its deadliest attack so far. “There will be no more safe place for Kenyans as long as their troops are in Somalia,” Shebaab spokesman Sheikh Ali Mohamud Rage told pro-insurgent radio Andalus. Kenya is participating in a 20,000-strong African Union force that is helping the Somali government battle Shebaab. “You will see more deadly attacks in your country, Kenya,” Rage said of Thursday’s attack on the Moi University campus in Garissa, which left 147 people dead and dozens of others wounded. The death toll rose to 148 yesterday, Kenya’s interior minister said as he declared operations to recover bodies over. The final toll from Thursday’s carnage was 142 students, three police officers and three soldiers, Interior Minister Joseph Nkaissery said. Four Shebaab gunmen were also killed. “We have called off the operation after combing the whole university, all the bodies have been removed from the scene and brought to Nairobi,” Nkaissery told reporters, after arriving back in the capital from Garissa. “This Nigerian poll officer killed in house fire AFP Kano T he electoral commissioner for Nigeria’s second-most populous state, Kano, has died in a house fire with his wife and two children, his office told AFP yesterday. Resident electoral commissioner Mukaila Abdullah presided over polls last weekend, in which opposition presidential candidate Muhammadu Buhari won overwhelming support in the northern state. Buhari’s All Progressives Congress (APC) also took all available seats in the parliamentary vote held at the same time. “It is true we lost our commissioner to a fire outbreak in his house,” said Lawan Garba, spokesman for the Independent National Electoral Commission (INEC) in Kano. “He died along with his wife and two children. We have conveyed the bodies to his home town, Dutse (the capital of neighbouring Jigawa state), where he will be buried after Friday prayers.” The fire broke out at Abdullah’s house in the upmarket Nassarawa area of Kano. Kano police spokesman Musa Magaji Majia said the fire broke out about 4.30am in an air conditioning unit in the living room. Attempts were made to break inside the house and when police and security guards managed to enter, the family was found unconscious on the floor of the bathroom. “They quickly removed them to Murtala Mohammed Specialist Hospital, where the doctor confirmed them dead ... from inhalation of hot and black smoke,” Majia said. An investigation had been launched, he added. Nigeria had been on edge in fear of a repeat of politically motivated post-poll violence but it failed to materialise. Defeated candidate President Goodluck Jonathan was credited with defusing tensions by conceding to Buhari even before all results were declared. Members of Kenya’s police force look out from the back of a truck as it enters the university campus of the northeastern town of Garissa one day after the Shebaab attack. is a very sad moment for us as a country, and I urge calm and total co-operation with the security personnel to make Kenya safe.” Meanwhile, Shebaab spokesman Rage also confirmed that the militants had singled out Christians as targets. The attackers “released a number of Muslim students as they were storming the university and killed many Christians inside the university”, Rage said, confirming witness accounts that people who were unable to answer questions about the Qur’an were shot dead. Pope Francis condemned the “act of senseless brutality” and called “upon all those in authority to redouble their efforts to work with all men and women in Kenya to bring an end to such violence and to hasten the dawn of a new era of brotherhood, justice and peace”. The Kenyan government, meanwhile, announced the indefinite closure of the college, which is located some 350km northeast of Nairobi. Its students are to be transferred to another campus, while security is to be boosted at all learning institutions, the Daily Nation and other media quoted Cabinet Secretary for Education Jacob Kaimenyi as saying. “Following the heinous act of terrorism which was meted on our University College ... the University College Management Board has decided to close the University College with immediate effect,” read a notice to students posted by the university’s registrar outside its premises. The Kenya National Union of Teachers had asked the government to move students from Garissa to institutions in safer areas. As the government set up a disaster operations centre at Nairobi’s Nyayo Stadium, the Red Cross was seeking blood donations for some of the 79 people who were injured in the attack. Zimbabwe’s ruling party expels former VP Mujuru AFP Harare Z imbabwe’s ruling ZANU-PF party has expelled former vicepresident Joice Mujuru for allegedly plotting against elderly President Robert Mugabe, the party announced yesterday. Mujuru, 59, was accused of “plotting to unconstitutionally remove President Robert Mugabe from office”, according to a statement from Simon KhayaMoyo, spokesman for the Zimbabwe African National Union-Patriotic Front (ZANU-PF). She was also accused of “orchestrating factionalism in the party thereby causing acrimonious divisions” and “engaging in activities that smack of corruption”. Mujuru was long considered a likely successor to Mugabe, who is 91 years old and first came to power in 1980, but she fell out with the veteran leader late last year. She was sacked as vice-president in December, with her allies in government also fired and expelled from ZANU-PF after Mugabe himself accused her of plotting to oust him. Joice Mujuru is a former guerrilla fighter from the liberation war in the former Rhodesia and the widow of army commander Solomon Mujuru, who died in a mysterious house fire in 2011. After holding cabinet posts in every government since independence in 1980, Mujuru came under heavy attack from Mugabe’s wife Grace, who was promoted to head ZANU-PF’s powerful women’s wing at the last party congress in December. Apart from the allegations seen as grounds for Mujuru’s expulsion, the First Lady also charged that Mujuru was incompetent and had let her husband do most of the work. Mugabe replaced Mujuru as vicepresident with his justice minister Emmerson Mnangagwa, a hardliner in the regime. Radicals set British Boer Wars memorial ablaze AFP Johannesburg M embers of a radical South African movement burned a monument to British soldiers who died in the Boer Wars (1899-1902), describing it as a “colonial statue”, the party and police said yesterday. The protesters “put (a burning) tyre over the statue” of a soldier in the centre of the southern town of Uitenhage, police officer Basil Seekoei said. “We haven’t arrested anyone yet. We’re still busy with the investigation first,” he added. Responsibility for the incident on Thursday was swiftly claimed by the Economic Freedom Fighters (EFF), a political party formed in 2013 by Julius Malema, formerly the firebrand youth leader of the ruling African National Congress (ANC), which expelled him after a conviction for hate speech. Luxolo Jacobs, a self-proclaimed youth in the EFF, posted two photos on Twitter of the statue in flames and covered in plastic by party militants. “The statue of the Anglo-Boer War fell in Uitenhage. When the Leadership speaks, fighters respond,” Jacobs wrote. Police said that the memorial was “not badly damaged”. But the incident follows calls by Malema to bring down statues of South Africa’s former white rulers, British and Afrikaaner alike. “We said that economic liberation must be accompanied by the falling of these colonial statues and we would want to see them replaced by liberation hero statues,” EFF regional deputy chairperson Bo Madwara said. South Africans are currently debating the status of colonial-era monuments more widely, after student activists at the University of Cape Town succeeded in having a statue of Cecil Rhodes boarded up. Rhodes (1853-1902), the British colonist, mining magnate and politician for whom Rhodesia (modern Zimbabwe) was named, is seen in hostile circles as the embodiment of white oppression in southern African history. The ANC, in power for 20 years following the end of white minority rule, has issued threats to colonial monuments but thus far left most of them standing in the name of national reconciliation. Many of the injured and the dead were flown for treatment or identification to Nairobi, where family members were invited to collect bodies at a mortuary. In one of the worst attacks ever to have been carried out by Shebaab, at least four gunmen stormed the university campus at dawn, killing two guards and then gunning down students in dormitories or those trying to escape. Some students said they were spared because they could recite verses from the Qur’an. “They stood in the main path from the hostels, asking questions about Islam and the Prophet Muhammad. It was scary, because Islam doesn’t teach about killing those who don’t know about the teachings,” Daily Nation quoted student Hassan Abdi as saying. Security forces cornered the attackers into one dormitory where they were holding hostages. The government said four attackers were eventually killed, while Daily Nation reported that suicide vests were detonated. Kenya has offered a reward of 20mn shillings ($212,000) for the suspected mastermind of the attack, Mohamed Dulyadayn, a former Qur’an teacher from Garissa. Police have imposed an overnight curfew in and around Garissa until April 16. Shebaab frequently targets Kenya over its participation in the military campaign against it. The siege of a Nairobi shopping mall that cost 67 lives in September 2013 has been followed by smaller attacks, mainly on the Kenyan coast. The mistake they made was to pray to Jesus. An eyewitness of the deadly assault by Somali Islamist militants on a Kenyan university spoke yesterday of three female students that he saw executed as they begged for mercy. Reuben Mwavita, 21, a student, said the three were kneeling in front of the gunmen, praying for help. “The mistake they made was to say ‘Jesus, please save us’, because that is when they were immediately shot,” Mwavita told Reuters. During Thursday’s attack, in which at least 147 people died, Shebaab gunmen at first killed indiscriminately. Later, though, they divided non-Muslims from Muslims. “I was confused, I was terrified and was shaking, but I was not screaming and that is what saved me,” said Susan Kitoko, 24, from the hospital, where she was nursing bruises and a broken hip from escaping through a window. “The attackers were just in the next room, I heard them ask people whether they were Christian or Muslim, then I heard gunshots and screams.” Others also spoke of harrowing escapes from the killing. “There were many gunshots mixed with screams. I heard men shouting saying ‘We are Shebaab, we are Shebaab, we have paid you a visit tonight’ ... Four of us in our cube ran and jumped through the window from the first floor and went through the barbed wire fence,” said Tony Otiende, 22, a student at the campus. The college’s Christian Union may have taken a lot of the brunt because of an early prayer meeting in the hall. “They killed all my friends. I was praying with them when we heard gun shots and two guys who wore hoods and carried long guns came in. I escaped because I was standing next to the rear door, so I dashed out with one other friend,” Kenneth Luzakula, a Christian Union student, told Reuters. “I could hear my friends still praying loudly and calling the name of Jesus Christ,” he said. “Others were screaming. I heard gunshots repeatedly from the toilet nearby where we had hidden. They killed my friends but I know they are all in heaven, because they died because they died worshipping God.” He said he lost more than 20 friends in the attack. Somalia calls for closer security ties Somalia and Kenya must boost security co-operation between them, Somali President Hassan Sheikh Mohamud said yesterday, as he offered his condolences a day after “barbaric” Islamist gunmen massacred 148 students. Mohamud said that he mourned the “lives of innocent students” killed in the university in the northeastern Kenyan town of Garissa, offering his “condolences to the families of those who have died in this attack by the merciless terrorists”. The attack on Thursday was claimed by Al Qaeda-linked Shebaab fighters, with all four of the gunmen detonating suicide vests after killing 147 people in the day-long siege. One more victim died yesterday. Mohamud said in a statement that the killings showed “the need to reinforce the anti-terror co-operation between the two countries, with the aim to eliminate this menace from the region”. Kenya has been hit by a wave of grenade and gun attacks, often blamed on sympathisers of the Shebaab and sometimes aimed at police targets, since the army crossed into southern Somalia in 2011 to attack Islamist bases, later joining the African Union (AU) force fighting them. AU chief Nkosazana Dlamini-Zuma said yesterday that the killings were “cowardly”, and praised Kenya for “its outstanding contribution to the African Mission in Somalia (AMISOM) and the huge sacrifices made towards stabilising that country”. 6 Gulf Times Saturday, April 4, 2015 AMERICAS Philadelphia woman held for IS ‘support’ Reuters/AFP Washington U S authorities arrested a Philadelphia woman yesterday and charged her with attempting to provide support to the Islamic State (IS) militant group by planning to travel overseas to join the organisation, the US Justice Department said. Thirty-year-old Keonna Thomas, also known as Fatayat alKhalifah and YoungLioness, was charged with trying to provide material support and resources, including herself as a fighter, to a foreign terrorist organisation, the department said. Having applied for the passport in February, she e-mailed a radical cleric in Jamaica, saying that she had deactivated her Twitter account until leaving for Syria to avoid attention, they added. Among her disturbing tweets was one last December. Next to the picture of an armed child she wrote: “I wouldn’t be pleased till I became soldier of the Islamic State.” Under Federal Bureau of Investigation (FBI) surveillance, she allegedly e-mailed an IS extremist based in the group’s stronghold of Raqqa in northern Syria. In February she allegedly wrote to him that it “would be amazing” to carry out a suicide attack, adding that “a girl can only wish”, court papers show. She allegedly bought a visa for Turkey and searched the Internet for indirect travel routes to the country, the most common transit point into Syria for Western recruits to IS. Prosecutors say she bought an airline ticket from Philadelphia to Barcelona intending to fly on March 29. Turkey is a common transit point for people travelling from Europe to enter Syria and join Islamic State. Thomas does not yet have an attorney, a spokeswoman for the US Attorney’s Office in Philadelphia said. If convicted, Thomas faces a maximum sentence of 15 years in prison, according to the Justice Department. Thomas’s is the second Syrialinked terror case involving US women announced by prosecutors in days. Two American women were arrested in New York on Thursday and charged with planning to build a bomb and attack the United States, allegedly inspired by Al Qaeda and IS. Noelle Velentzas, 28, and Asia Siddiqui, 31, risk life behind bars if convicted of conspiracy to use a weapon of mass destruction in the United States. US intelligence officials warned in February that more than 20,000 volunteers from around the world, including more than 150 Americans, had gone to Syria to link up with extremists. Velentzas and Siddiqui plotted to hit police, government or military targets based on their “violent jihadist beliefs,” according to the complaint filed in US District Court in Brooklyn. Thomas Dunn, attorney for Asia Siddiqui, speaks to reporters outside The Brooklyn Federal Courthouse in the Brooklyn borough in New York. It said Velentzas and Siddiqui were conspiring “to prepare an explosive device to be detonated in a terrorist attack in the United States”. The complaint said Velentzas had praised Al Qaeda’s September 11, 2001, attacks on the United States and said she and Siddiqui were “citizens of the Islamic State”. The women, former roommates in the city borough of Queens, had researched how to build an explosive device and had read textbooks on electricity and watched online videos about soldering, it said. When they were arrested, agents found bomb-building materials including propane gas tanks, soldering tools, pipes, a pressure cooker and fertiliser, authorities said. The women also voiced sup- port for beheadings of Western journalists and others by militants in control of territory in Syria and Iraq, the complaint said. Charged with conspiracy to use weapons of mass destruction against persons or property in the United States, the pair appeared briefly before US Magistrate Judge Viktor Pohorelsky in Brooklyn federal court. Neither Velentzas, who wore a black dress and hijab, nor Siddiqui, in a green T-shirt over black clothing, entered a plea. Authorities said both women posed substantial flight risks, and they were ordered detained until trial. Thomas Dunn, a court-appointed lawyer for Siddiqui, said she would plead not guilty if indicted. “I know it is a serious case, but we’re going to fight it out in court,” he said. Velentzas’s lawyer Sean Maher declined comment. “We are committed to doing everything in our ability to detect, disrupt and deter attacks by homegrown violent extremists,” Brooklyn US Attorney Loretta Lynch said in a statement. Lynch is President Barack Obama’s nominee for US attorney-general. Separately on Thursday, Muhanad Mahmoud al-Farekh, a US citizen accused of training with Al Qaeda in Pakistan, appeared in Brooklyn federal court on charges that he had conspired to provide personnel to be used by Islamist militants in support of efforts to kill US citizens and members of the US military abroad. In March, the US Justice Department said a US Army National Guard soldier and his cousin had been arrested on charges of conspiring to support the Islamic State militant group in a plot that included a plan to attack a military installation in Illinois. In another case, a SomaliAmerican teenager who was stopped at a Minnesota airport as he sought to fly to Turkey last year pleaded guilty in federal court in February to conspiring to support Islamic State. Also in February, three men living in Brooklyn were charged with conspiring to support Islamic State, and US authorities said two of them had planned to go to Syria to fight on behalf of the group. US man exonerated after spending 30 years on death row AFP Washington A man in Alabama who has been on death row for nearly 30 years for murder and robbery charges will be released after his case was dismissed, lawyers said on Thursday. Anthony Ray Hinton walked free yesterday after spending close to three decades in jail over the 1985 murder of two men in two separate restaurant holdups. Jefferson County Circuit Court Judge Laura Petro dismissed all charges against Hinton after his lawyers from the Equal Justice Initiative (EJI) argued there was not enough evidence linking him to the crimes. “We are thrilled that Mr Hinton will finally be released because he has unnecessarily spent years on Alabama’s death row Governors enact fixes to RFRAs Indiana and Arkansas revised on Thursday new religious freedom acts that had drawn criticism from rights groups and US companies that assailed them as discriminatory against gays. Arkansas Governor Asa Hutchinson, a Republican, signed his state’s Religious Freedom Restoration Act (RFRA) into law minutes after it passed in the statehouse. Indiana Governor Mike Pence, also a Republican, signed a revised religious freedom law that amended one he signed last week. The original measure catapulted the state into a firestorm because it lacked specific provisions to prevent denial of services and other discrimination against homosexuals. The state drew the ire of companies like Apple Incorporated, boycotts of official travel by the states of New York and Connecticut, and protests by civil liberties groups and individuals from around the country. when evidence of his innocence was clearly presented,” said his chief attorney Bryan Stevenson. Hinton, who was 29 at the time of the crime, is one of the longest-serving death row prisoners in Alabama history and among the longest serving condemned prisoners to be freed, according to EJI. Hinton was charged after two restaurant managers were shot dead in a robbery at a fast-food restaurant in Birmingham, Alabama. Police did not find eyewitnesses or fingerprints evidence, according to EJI. That same year, another restaurant was held up at gun point and the manager was shot and seriously injured. The manager identified Hinton as the suspect, though Hinton said he was at work at the time 15 miles (24km) away. Police seized a gun owned by Hinton’s mother and said it was A US sailor missing at sea for 66 days was rescued from his disabled boat by a passing German cargo ship, Coast Guard officials said. Louis Jordan, 37, was reported missing by his family on January 29. He was taken aboard the German-flagged container ship Houston Express some 320km off the North Carolina coast on Thursday, the Coast Guard said. A Coast Guard helicopter met the tanker and then flew Jordan to hospital in Norfolk, Virginia, where he is reportedly in good condition. “We prayed and prayed and hoped that you were still alive,” Frank Jordan could be heard telling his son Louis in an audio recording released by the Coast Guard after the rescue. Jordan told family members Reuters Washington/Ottawa C anada declined a US invitation last week to jointly announce climate policy co-operation with Mexico, with Ottawa saying it has not yet finalised its own domestic strategy, sources from both countries familiar with the discussions said on Thursday. On March 24, three days before the United States and Mexico announced they would partner on a high-level bilateral clean energy and climate policy task force, US officials approached Canadian counterparts asking them to join the effort, three sources said. One source said that, while Canadian officials said they were supportive of North American harmonisation of climate policy, they were not yet prepared to join the continental partners. A spokesman for Prime Minister Stephen Harper said the suggestion that Canada declined to participate was incorrect. “This was an initiative between Mexico and the US. Canada fully supports continental action and looks forward to continuing to work with both the US and Mexico on reducing greenhouse gas emissions,” the spokesman said. Shane Buckingham, spokesman for Canadian Environment Minister Leona Aglukkaq, had earlier said Ottawa was preparing to submit its climate plan to the United Nations “in the weeks ahead” after it gets feedback from the provinces about their own emissions-cutting policies. “Given the importance of this submission, Canada wants to ensure it has the most com- plete picture of provincial and territorial plans possible before submitting,” Buckingham said. On March 27, Mexico said it would cap its greenhouse gas emissions by 2026, becoming the first emerging economy to submit its climate plan ahead of a key UN summit in Paris from November 30 to December 11. The United States formally submitted on Tuesday its own climate plan, which commits the country to reduce greenhouse gas emissions up to 28% by 2025 below 2005 levels. Buckingham said the United States and Canada already align regulatory initiatives, including harmonising vehicle standards, reducing sulfur in gasoline and phasing down HFCs (hydrofluorocarbons). He said Canada also works jointly with the United States and Mexico through the Commission for Environmental Co-operation. In December, Harper said in a televised interview with the CBC that his government preferred a continental response to climate change rather than imposing a unilateral price on carbon on Canada’s oil sector, its fastest growing source of greenhouse gas emissions. Harper’s conservative government opposes carbon pricing policies, which have support from opposition parties. The environment critic for the opposition New Democratic Party in the Canadian Parliament said climate policy was not a priority for the Harper government. “They’re hoping to form some kind of Axis of Denial with the next Republican (US) government and they’re utterly disengaged on the climate file,” said Megan Leslie, deputy leader of the NDP. Vanilla Ice takes burglary plea deal Hinton is greeted by family outside the Jefferson County Jail in Birmingham, Alabama. used in all three crimes. Stevenson said Hinton, who is black, was wrongly convicted in part because the colour of his skin. “Race, poverty, inadequate legal assistance, and prosecutorial indifference to innocence conspired to create a textbook exam- ple of injustice,” Stevenson said. Hinton has maintained his innocence during three decades in prison. Forensic experts, including a former Federal Bureau of Investigation agent, examined the seized gun and concluded it was not used in the crimes. Judge Petro granted him a new trial last year after the Supreme Court reversed the decision of a lower court. Hinton is the 152nd person on death row to be cleared since 1973 and the second to be exonerated in 2015, according to the Death Penalty Information Centre. Sailor missing for 66 days rescued at sea DPA/AFP Washington Canada said ‘no’ to joint climate announcement that he survived by catching fish with his hands and drinking rain water, according to the Coast Guard. Frank Jordan, the sailor’s father, told CNN he did not know what had caused his son’s boat to break down. In the audio clip released by the Coast Guard, the father asks the son how he is feeling. “I’m doing fine now,” Louis Jordan says. The son said he was not able to fix the boat and sail it back to South Carolina, from where he departed in January. He said he worried every day that his parents were crying and believed he was dead. “We were. I thought I lost you,” the father says. US media reports said the boat had capsized and Louis Jordan was found sitting on the upturned hull when he was plucked to safety. Frank Jordan said his son was in good spirits during a brief conversation with him following his rescue. He told CNN that he had not given up hope that Louis would be found alive despite his inexperience as a sailor. “I knew he had a good seaworthy boat,” Frank Jordan said. “I felt the boat was going to keep him alive, so I had all sorts of worries because he’s not an experienced sailor.” Louis had left the relative safety of the marina where the boat was moored to “go out and catch some fish”. How his son ended up so far off course was unknown, Jordan said. “I called him at one point a few days after he left land ... and he was a few miles offshore. As far as how he got off track, I don’t know,” he said. He said his son’s “strong constitution” and religious belief had kept him alive. “He told me on the phone that he was praying the whole time, so I believe that sustained him a great deal,” he said. In an audio recording broadcast on US media, the father thanked the skipper of the German vessel for saving his son. The captain was not named. “You are a good man, I swear. You did what you’re supposed to do and I sure do appreciate it and I know my son appreciates it,” Jordan senior said. “It is a pleasure for us,” the skipper responded. “This is a beautiful world. If everybody would just do the right thing it would be great for all of us. I sure appreciate it, sir,” Frank Jordan said. The ordeal was certainly severe but probably less tough than the 13 months that Jose Salvador Alvarenga, a native of El Salvador who set out from Mexico on a fishing trip, endured until he was rescued more than 6,000 miles away near the Marshall Islands in the South Pacific in January last year. Rap artist Vanilla Ice has accepted a plea deal in a Florida home burglary case, agreeing to serve 100 hours of community service to have his indictment dropped, his lawyers said. The musician, best known for smash hit Ice, Ice Baby, was arrested and charged in February with burglary and grand theft. Robert Van Winkle, his real name, allegedly stole several items from a foreclosed property adjacent to one he was renovating. His lawyer said the case will be dismissed after 47-year-old Van Winkle agreed to the volunteer hours, calling it “a very good resolution for the case”. “Rob has done charity work pretty much his whole life, and I thought it was a perfect fit,” Attorney Bradford Cohen said. “He is going to do community service hours which he does anyways, and the whole case will be dismissed and he will be able to move forward.” After the please deal, Van Winkle said: “I never had any criminal intent.” At the time of his arrest, the rapper told authorities it was a misunderstanding. Now a reality television star, Van Winkle was renovating the home from which the property was taken for a television programme, The Vanilla Ice Crew, on the DIY network. Police said they have returned the stolen items to the rightful owner. Chrysler to pay $150mn over death A US jury has ordered automaker Chrysler to pay $150mn to the family of a four-year-old boy who was killed when their Jeep exploded into flames, the Wall Street Journal reported. Remington Walden was killed in March 2012 in the US state of Georgia when a car rear-ended the Jeep Grand Cherokee he was in, causing the fuel tank behind the car’s rear axle to leak and set the car on fire. The jury found that Chrysler acted with “reckless or wanton disregard for human life in the design or sale” of the 1999 Jeep Grand Cherokee, knowing it could endanger lives, according to the newspaper. It concluded that Chrysler was responsible for Walden’s death and ordered the car manufacturer to pay $150mn to the family. The company did not reply to a request for comment. Avril Lavigne feared ‘dying’ from Lyme disease Rocker Avril Lavigne has revealed that she was bedridden for five months due to Lyme disease and felt she was dying. The 30-year-old Canadian guitarist This February 15, 2011 file and singer confirmed social media photo shows Lavigne at the O2 arena in east London exchanges about her illness and ahead of the Brit Awards. said she was feeling better after her prolonged absence from public view fuelled rumours about her condition. “I felt like I couldn’t breathe, I couldn’t talk and I couldn’t move,” Lavigne told US celebrity magazine People in an interview published on Tuesday. “I thought I was dying.” Lavigne said she spent five months in bed after being diagnosed late last year with Lyme disease, which is generally spread by bites from ticks. “There were definitely times I couldn’t shower for a full week because I could barely stand,” she said. “It felt like having all your life sucked out of you.” Lavigne said she was “80%” better and had been receiving care from her mother in Ontario as well as the singer’s husband Chad Kroeger, frontman for the band Nickelback. Gulf Times Saturday, April 4, 2015 7 ASEAN Malaysia cartoonist hit with ‘record’ nine sedition charges AFP Kuala Lumpur A Malaysian political cartoonist known for skewering the country’s ruling regime was charged yesterday with what his lawyer called a record nine counts of sedition, one of dozens of targets in a deepening clampdown on civil liberties. Zulkifli Anwar Ulhaque — who goes by the pen name Zunar — has faced sedition charges previously for his cartoons and had collections of his works banned, but the current charges stem from his Twitter criticism of the February jailing of opposition leader Anwar Ibrahim. “How can I be neutral if even my pen has a stand? Being neutral in Malaysia means you are supporting the corrupt government,” Zunar told the Malaysian Insider news portal afterward. The defiant cartoonist had earlier arrived at a Kuala Lumpur courthouse to face the charges dressed in a purple mock prison jumpsuit, clowning for journalists with a set of handcuffs. His lawyer Latheefa Koya later said nine sedition counts related to individual tweets were entered, calling it a Malaysian “record high” for a single court appearance. A single sedition conviction can result in three years in jail. “We will fight this. Sedition is being used in the most ridiculous fashion,” she said. The political coalition that has ruled for 58 years keeps a tight rein on mainstream media and moves to squelch criticism of its recurring corruption scandals and alleged rights infringements. But since stumbling to its worst-ever showing in 2013 elections against the Anwarled opposition, Prime Minister Najib Razak’s government has moved to tighten its grip, launching an accelerating freespeech clampdown. Dozens of government critics, including opposition politicians, academics, activists, and journalists, have been arrested for sedition or other charges that rights and legal groups call highly questionable. Most have been released shortly afterward pending court proceedings. Following Anwar’s jailing on February 10 for five years on sodomy charges, Zunar posted tweets suggesting Malaysia’s judiciary had bowed to regime pressure to lock Anwar up. The United States has said the Anwar case raised questions over judicial independence, concerns dismissed by Malaysia’s government. Police also recently seized copies of Zunar’s latest cartoon collection, which takes aim at the Anwar trial, allegations of government corruption, and the widely alleged luxurious lifestyle of one of Zunar’s favourite targets — Najib’s wife Rosmah Mansor. Human Rights Watch said the charges against Zunar show Najib’s “government has completely abandoned any pretense of respecting the basic right of freedom of expression.” “Day by day, Malaysians are losing more and more of their rights and democracy at the hands of an increasingly oppressive government,” the organisation’s Deputy Asia director Phil Robertson said in a statement. Zunar’s cartoons are published by leading news portal Malaysiakini. Several published collections have been banned over the years. Police earlier this week charged the head of an independent publishing group and four of the group’s editors with sedition. The group had published a series of reports suggesting fraudulent dealings involving a government-owned investment company launched by Najib, and huge sums of missing funds. Monks protest Malaysian cartoonist Zulkiflee Anwar Ulhaque (Zunar) (right) poses for photographers dressed in a mock prison jumpsuit and a set of handcuffs mocking his sedition charges at a courthouse in Kuala Lumpur. Thailand junta chief threatens to shut down critical media Thailand’s Prime Minster Prayut Chan-O-Cha has ordered the country’s media to toe the regime’s line or face consequences Officials stand in front of protesting Buddhist monks at the Wat Pa Luang Ta Bua, otherwise known as the Tiger Temple, in Kanchanaburi province yesterday. After several days of stand-off, Thailand’s Department of National Parks, Wildlife and Plant Conservation officials yesterday confiscated six allegedly illegal Asian black bears from the temple, also home to more than 100 Bengal tigers, despite the refusal from the temple’s abbott and protest by monks. Anti-corruption panel head criticises Widodo Reuters Jakarta I ndonesia’s political elite have closed ranks to undermine the country’s antigraft commission, which has already been weakened by a bitter dispute over the president’s choice for police chief, a senior official of the agency said. Johan Budi, acting deputy chairman of the Corruption Eradication Commission (KPK), also took a swipe at President Joko Widodo, who was elected last year amid hopes that he would confront the corruption that plagues Indonesia, for dithering over the row and allowing the commission’s work to be derailed. “I think the KPK is now a common enemy for high-ranking politicians,” he told Reuters in an interview in his Jakarta office late on Thursday. “I don’t know what the future holds for the KPK, but it will depend on the president and the legislature.” Some members of parliament were pressing for the laws em- powering the KPK to be watered down, he added. The KPK is popular among ordinary Indonesians for being a thorn in the side of the establishment in a country that Transparency International’s corruption perception index ranks below China and Niger. The attack on the KPK started in January, when the agency declared police general Budi Gunawan a corruption suspect, just days after he was named the president’s choice for police chief. The police, the attorney gen- eral’s office and members of President Widodo’s administration sharply criticised the KPK for that decision, saying it was politically motivated. Gunawan is close to former President Megawati Sukarnoputri, Widodo’s chief patron and head of his party, the Indonesian Democratic Party-Struggle (PDI-P). Widodo, widely known to Indonesians by his nickname “Jokowi”, eventually withdrew Gunawan’s candidacy in February after weeks of public outcry. AFP Bangkok T hailand’s junta chief yesterday vowed to shut down critical media outlets as he faced a growing international backlash against his decision to replace martial law with new powers retaining his absolute authority. Bemoaning critics of his regime, Prime Minister Prayut Chan-O-Cha ordered the media to toe the regime’s line or face consequences. “I will shut them down only when they don’t say good things. I have not yet shut down any publications but please write in a good way. If it is not good, then I will need to do that,” a sternfaced Prayut told reporters during a visit to a military college in Bangkok. Prayut officially lifted martial law on Wednesday, 10 months after seizing power in a May coup. But the controversial law was Prayuth Chan-O-Cha replaced with a new executive order retaining sweeping powers for him and the military. Among the new rules in the order is a provision allowing military officers to stop the publication or presentation of any news they deem to be “causing fear or distorted information”. While media freedoms have been curbed since the coup, four bodies representing local Thai media condemned the new press law saying the measures “interfere with the rights and freedom of people and media much more than martial law did”. The order that replaced martial law was passed under Sec- tion 44 of the junta-written interim constitution, a controversial provision handing Prayut power to make any executive decision in the name of national security. It also upholds a ban on political gatherings of more than five people, while the military retains the right to arrest, detain and prosecute people for national security crimes or those who fall foul of the country’s strict royal defamation laws. Only one area of the new order appeared to soften the military’s power. Civilians will still be tried in military courts for national security and lese majeste crimes, but they can now appeal to higher tribunals. Under martial law there was no right of appeal to convictions in military courts. Replacing martial law has received short shrift both inside Thailand and from Bangkok’s Western allies, who have been urging Prayut to return the kingdom to civilian democracy. The European Union became the latest ally to criticise the new powers late Thursday saying they would not bring Thailand “closer to democratic and accountable government”. Boycott of election an option, says Suu Kyi Still hopes for constitutional change, presidency; Says President Thein Sein not sincere about reform; US praise has made regime “complacent” Reuters Naypyitaw M yanmar opposition leader Aung San Suu Kyi said boycotting an upcoming historic election was an “option” if a military-drafted constitution that bars her from becoming president remains unchanged. In an interview yesterday, the Nobel laureate said that her opposition National League for Democracy (NLD) party was “ready to govern” but that President Thein Sein was insincere about reform and might try to postpone the election. She also said US praise for Myanmar’s semi-civilian government, which took power in 2011 after nearly 50 years of brutal military rule, had made it “complacent” about reform. While scathing about what she called Thein Sein’s “hardline regime”, Suu Kyi emphasised the need to reconcile with the military which detained her for 15 years until her release from house arrest in 2010. “We don’t think that boycotting the election is the best choice,” said Suu Kyi, when asked whether her party would run with the constitution unchanged. “But we’re not ruling it out altogether. We are leaving our options open.” However, she stressed the importance of the November general election, describing it as “the real test of whether we are on the route to democracy or not.” The NLD won Myanmar’s last real election in 1990 by a landslide, but the military nullified the result. The party boycotted the 2010 poll, widely regarded as rigged, which installed Thein Sein, a former general and junta stalwart. His government launched a series of political and economic reforms. Many people now feel the reform process has stalled, and the military - its immense power largely unchecked - again casts a shadow over the voting. Suu Kyi said Thein Sein was “sincere” about reform during their first meeting in 2011. But now, he was not. “Because if he had been sincere about reform, then we would be much further ahead than we are,” she said, speaking in a meeting room in Myanmar’s sprawling parliamentary complex in the capital Naypyitaw. She expressed concern that Thein Sein might use peace talks with ethnic rebels as a pretext to delay the election. For Suu Kyi, who turns 70 in June, this is a pivotal year. She and 42 other NLD members entered parliament after a 2012 by-election. Since then, say Myanmar’s pro-democracy leader Aung San Suu Kyi speaks to Reuters during an exclusive interview in her office. critics, Suu Kyi has lent her hardwon democratic credentials to a questionable government that has given little in return. But many more in this large, poor and ethnically diverse na- tion still see Suu Kyi as Myanmar’s best hope. Reforms have raised expectations among its 53mn population but left most people’s lives unimproved. The constitution, drafted by the former junta, reserves a quarter of parliamentary seats for military delegates, which effectively allows them to veto any constitutional change. It also bars presidential candidates with a foreign spouse or child. Suu Kyi’s late husband and two sons are British. She said the presidency was still within her reach. “Why not?” she said. “Constitutions are not permanent.” But changing it, she admitted, depended upon a government she repeatedly described in the interview as a “regime” of hardliners. “They are not interested in negotiations or in amending the constitution or taking seriously the will of the people...you could hardly say they are moderates.” Suu Kyi said she questioned US praise of Myanmar’s government in the hopes of encouraging further reforms. “I would ask whether it actually encourages them to do more or it simply makes them more complacent,” she said. “The United States and the West in general are too optimistic and a bit of healthy scepticism would help everybody a great deal.” A US official said in November, ahead of President Barack Obama’s second visit to the country, that Washington had decided not to press for changes to Myanmar’s constitution in a bid to maintain influence with its government. But Suu Kyi said she did not feel abandoned by the United States and had “good friends” there. One “absolute necessity” was mending relations with the military. “We can’t have a country that is split between the military and the rest of the people,” she said. In 2012, Suu Kyi upset many supporters by saying she had a “soft spot” for the military. It was founded by her father Aung San, Myanmar’s independence hero, whose portrait hung on the wall behind her. Now, she rejects criticism that she had been outmanoeuvred by Myanmar’s generals. “We’ve always known that they would not give up their privileges easily,” she said. “There’s a time when we have to stand up for our principles and there’s a time when one of the principles should be national reconciliation rather than digging up the past.” Suu Kyi also denied claims she had failed to speak up for the Rohingya Muslims, a mostly stateless people living in wretched conditions in western Myanmar after deadly clashes with majority Buddhists in 2012. “When I talked about rule of law and the fact that we condemned all forms of violence, nobody was interested,” she said. “This wasn’t news.” Gulf Times Saturday, April 4, 2015 8 AUSTRALASIA/EAST ASIA CRIME EMPLOYMENT FUND-RAISING RESCUE Environmental reporter suspected of extortion held S Korea pursues talks with North over Kaesong zone Chinese law set to boost trust in charities Australian icebreaker evacuates sick worker Beijing police have arrested an environmental reporter and his associates in an apparent extortion scandal, as China works to crack down on corruption in the news media. A string of corruption scandals in China’s news media has shaken the faith of the public in the largely statecontrolled industry and in response, the media regulator unveiled tougher rules last year. The group’s ringleader, surnamed Chen, is accused of blackmailing businesses into paying hundreds of thousands of yuan to delete embarassing online reports about their activities on a website for environmental news. Chen and four associates were arrested late last month, police said. South Korea said yesterday it will push for talks in the coming week with the North over their Kaesong joint industrial zone, after reports Pyongyang has taken fresh steps to unilaterally implement a wage hike. The North announced last month that it would raise wages of the roughly 54,000 North Korean workers employed in the 125 South Korean firms operating in Kaesong. South Korea demurred, insisting that employment conditions in the zone could only be adjusted with the agreement of both sides. Pyongyang went a step further this week, directing the North Korean accountants working in the Kaesong firms to start calculating the proposed wage rises. China has prepared a draft law for charities to register directly with the government, making it easier for them to raise funds and gain tax exemptions, while allaying public concern over the way they are run, following some high-profile scandals. The draft law underscores official concern about anaemic charity donations in the world’s second-largest economy, which ranked 133 among 135 countries rated by the World Giving Index, largely because of public mistrust of charities. The law would give charities more means to raise funds from the public, for example, setting up donation boxes or through charity events. A seriously ill Antarctic worker returned to Australia on an icebreaker yesterday, which battled freezing temperatures and a seven-metre swell to bring him home. The Aurora Australis docked in the southern city of Hobart, almost two weeks after evacuating the tradesman from Australia’s Davis station. “He will require ongoing medical treatment but we are very pleased he has travelled well over the past couple of weeks and his condition has not deteriorated,” said Dr Jeff Ayton, the chief medical officer with the Australian Antarctic Division. The sick worker has not been named and no details given of his illness. North Korea test-fires four missiles The missiles were launched from a base on the west coast and flew more than 100km, The test comes ahead of a visit by the US defence secretary to South Korea Agencies Seoul N orth Korea test-fired four short-range missiles into the sea off its west coast yesterday in an operation apparently supervised by leader Kim Jong-Un amid heightened military tensions, a South Korean military spokesman said. The missiles were launched from a base on the west coast and flew more than 100km, the spokesman for the South’s joint chiefs of staff said. “The missile test launch, which lasted 45 minutes from 4:15 pm (0715 GMT), appeared to have been supervised by Kim Jong-Un,” he said, adding that the exact model of the projectiles was not known. The exercise came at a time of elevated tensions with North Korea’s condemnation of annual US-South Korea military drills that Pyongyang views as rehearsals for invasion. One of the joint drills, Key Resolve, wound up last month, but the other, Foal Eagle, is set to continue until April 24. The annual exercises always trigger a surge in military tensions between the two Koreas, who remain technically at war because the 1950-53 Korean conflict ended with a ceasefire rather than a peace treaty. Seoul and Washington insist the exercises are defence-based in nature, but they are regularly condemned by Pyongyang as S Korea general assumes cyber-security post South Korean President Park Geun-Hye yesterday appointed an army general to the new post of national cyber-security tsar, tasked with defending against North Korean hacking attacks. Brigadier General Shin In-Seop, who served as deputy chief of the military’s cyber warfare command launched in 2010, took up his new duties immediately, a presidential official said. The new position is supposed to serve as a “control tower” for combined agency efforts to counter North Korean cyber warfare. South Korea, one of the world’s most wired nations, has blamed North Korean hackers for a series of cyber-attacks on military institutions, banks, government agencies, TV broadcasters and media websites in recent years. The South’s defence ministry believes North Korea runs an elite cyber-warfare unit with up to 6,000 personnel, and regards its ability to launch hacking attacks as a major security threat. provocative rehearsals for invasion. North Korea signalled its displeasure when this year’s drills began in early March by firing two short-range ballistic missiles into the sea off its east coast. It also fired seven ground-toair missiles into the sea off its east coast on March 13. Yesterday’s launch came a day after North Korea test-fired a short-range missile from the same base in Dongchang-ri, a rocket launching site close to the northern border with China, the South Korean military spokesman said. The Dongchang-ri site is bigger than the Musudan-ri site on the east coast where the North has launched long-range missiles. UN resolutions ban any ballistic missile test by North Korea. The nuclear-armed country has pushed ahead with the development of ballistic missiles and rockets, despite tough sanctions imposed by the international community. In 2012, Pyongyang demonstrated its rocket capabilities by sending a satellite into orbit, but it has yet to conduct a test that proves it has mastered the technology required for an effective inter-continental ballistic missile. Yesterday’s firings come ahead of US Defence Secretary Ashton Carter’s three-day visit to South Korea, starting from Thursday, to discuss the allies’ defence against the North’s missile and nuclear capabilities. In full bloom SHOW OF SKILLS South Korean military honour guards toss rifles into the air during a public event to show their acrobatic performance at the War Memorial of Korea in Seoul yesterday. The event marks the resumption of a weekly show by honour guards that has stopped during the winter season. Queen bee A performer wears a hat and outfit covered with bees at an exhibition hall about beekeeping during the Beijing Agricultural Carnival yesterday. The annual event displaying agricultural products goes on till May 3. China ex-security chief charged with bribery and power abuse AFP Beijing C hina’s former security chief Zhou Yongkang was charged yesterday with bribery, abuse of power and disclosing state secrets, authorities said, making him the most senior official prosecuted in decades and setting the stage for a dramatic trial. Zhou — seen as an adversary of President Xi Jinping — is the most prominent victim of the Communist Party’s muchpublicised anti-corruption drive, which has targeted highlevel “tigers” as well as lowlevel “flies”. He had a background in the oil industry and accumulated vast power as he rose through the ranks to become a member of the ruling party’s elite Politburo Standing Committee (PSC), the most powerful body in China. “The defendant Zhou Yongkang... took advantage of his posts to seek gains for others and illegally took huge property and assets from others, abused his power, causing huge losses to public property and the interests of the State and the people,” said the indictment, posted online by prosecutors. “The social impact is vile and the circumstances were extraordinarily severe,” it said, adding that he also “intentionally leaked state secrets”. The document was filed with a court in the northern port of Tianjin, the Supreme People’s Procuratorate added, but it gave no indication of a trial date. Chinese courts are closely controlled by the ruling party and a guilty verdict is a certainty. The proceedings will be the most significant in China since the infamous Gang of Four — which included Mao Zedong’s widow Jiang Qing — were put on trial and blamed for the chaos of the Cultural Revolution. Xi has consolidated enormous power since taking office in 2012 and Zhou’s fate will “establish Xi Jinping’s ultimate authority over the entire country”, said Willy Lam, a politics specialist at the Chinese University of Hong Kong. “This will strike fear into the hearts of his opponents or potential opponents, because Xi Jinping has total control over the entire anti-corruption apparatus,” he added. Zhou’s fall sent shockwaves through the ruling party. After months of rumours, party authorities announced last July they were investigating him, and he was expelled from the party and formally arrested in December. Now 72, he retired in 2012 as part of a once-a-decade leadership handover, but senior Chinese politicians normally remain significant players even after officially stepping down, and are generally immune from retribution. Days after Zhou’s arrest, the Communist Party’s flagship People’s Daily newspaper branded him a “traitor” and likened him to several past turncoats who were all executed—setting off speculation that Zhou himself could face a similar fate. Under Chinese law bribery can carry the death penalty in some circumstances, while the maximum penalty for leaking state secrets is seven years in prison. Lam said a suspended death sentence — normally commuted to life imprisonment — was possible, but added: “This is the most senior official since the Cultural Revolution to have been incriminated for corruption. So to set an example to all, Xi Jinping might favour a death sentence.” Communist authorities have touted the anti-corruption drive as a root-and-branch reform of the party to address an issue that causes deep and widespread public anger. But critics note that China has failed to implement institutional safeguards against graft, such as public asset disclosure, an independent judiciary, and free media, leaving the effort open to being used for political faction-fighting. The Communist party is riven by internal divisions but consistently seeks to present a united front to outsiders. Several of Zhou’s associates have also been brought down in the campaign, among them Jiang Jiemin, the former head of the body that regulates China’s state-owned firms. He is a former head of the China National Petroleum Corporation, a post previously held by Zhou, and the two are reportedly part of a Communist Party faction with roots in the oil industry, known as the “petroleum gang”. The hearings will be the first time Zhou has been seen in public since October 2013. Officials have promised that they will be open in accordance with Chinese law, but attendance at previous high-profile cases has been closely controlled. When former high-flyer Bo Xilai — a Zhou ally who fell after a scandal around the killing of a British businessman — was prosecuted for bribery, nonofficial media were limited to a “live” written transcript of events, whose accuracy was impossible to verify independently. The China director of Human Rights Watch, Sophie Richardson, said on Twitter: “Zhou Yongkang, pivotal in denying so many the right to a fair trial, won’t get one himself.” Tibet party boss says temples must be propaganda centres Reuters Beijing B A family strolls under fully bloomed cherry blossom trees along a riverside promenade in Tokyo yesterday. Viewing cherry blossoms is a national pastime and cultural event in Japan, where millions of people turn out to admire them annually. uddhist temples and monasteries in Tibet must become propaganda centres for the ruling Communist Party, where monks and nuns learn to “revere” science and appreciate the party’s love, the troubled region’s top Chinese appointed official said. Rights groups and exiles say the officially atheist party tramples on Tibetans’ religious and cultural traditions and seeks to co-opt religious figures for its own ends. China, which “peacefully liberated” Tibet in 1950, says it guarantees freedom of religion and its rule ended serfdom and brought development to a backward, poverty-stricken region. Writing in the influential fortnightly party magazine Qiushi, Tibet’s Communist Party boss Chen Quanguo said the more than 1,700 temples and monasteries and 46,000 monks and nuns had to be seen by the government as “friends”. “Let the monks and nuns in the temples and monasteries have a personal feeling of the party and government’s care and warmth; let them feel the party’s benevolence, listen to the party’s words and follow the party’s path,” Chen wrote in Qiushi, which means “seeking truth”. He called for temples and monasteries in the region to be outfitted with radios and televisions, as well as newspapers and reading rooms. “Monks and nuns should not have to go out of their temples or monasteries to understand the party and government’s policies and social progress, or Tibet’s peace, stability and good fortune, so as to be guided to follow a path of revering scientific culture.” Subscribers received the latest issue of the magazine yesterday. Gulf Times Saturday, April 4, 2015 9 BRITAIN CRIME PEOPLE OBITUARY LAW AND ORDER INQUIRY Man charged with baby girl’s murder Hotelier buys chocolate running bath for girlfriend Progeria campaigner Hayley dies aged 17 Four men held over indecent images Police probed over killing response A man has been charged with the murder of a five-month-old baby girl who died after being taken to hospital. Tomas Driukas will appear before magistrates in Birmingham today charged with killing the baby, who has not yet been named by police. The 25-year-old electrician, of Crantock Road, Perry Barr, Birmingham, was arrested on suspicion of murder following the baby’s death on Wednesday afternoon. Police were called to reports that the child was experiencing breathing difficulties at an address in Crantock Road shortly before 1am on Wednesday. A 22-year-old woman who was also arrested in connection with the baby’s death has been released on police bail. A man has bought his girlfriend a chocolate running bath as an Easter present, a media report said. Hotelier Danny Lambo, 37, purchased the world’s first chocolate running bath for his girlfriend Natasha Flynn for £10,000, Mirror online reported. “(Egyptian queen) Cleopatra was the ultimate queen of luxury, so a bath that runs chocolate instead of water was the perfect Easter gift for the queen in my life,” Lambo said. “A standard Easter egg was just not going to cut it this year, so I wanted to get a show-stopping gift to show Natasha my love.” When filled, the special edition bath can take up to 205 litres of chocolate. “It really is amazing,” Natasha said. A campaigner who raised awareness of the condition progeria which causes those affected to age eight times faster has died at the age of 17. The death of Hayley Okines, from Bexhill, in East Sussex, who became known as the “100-year-old teenager”, was announced by her mother Kerry on her Facebook page. She wrote on Thursday night: “My baby has gone somewhere better. She took her last breath in my arms at 9.39pm.” Hayley and her family had fundraised for her medical treatment and to raise public understanding of the condition, and the teenager published her autobiography at the age of 14 called Old Before My Time. Four men have been arrested on suspicion of making indecent images of children following a series of police raids. About 20 officers from Thames Valley Police executed search warrants at five properties in Maidenhead, Berkshire, under the Protection of Children Act. The four suspects, two aged 34, one aged 25 and the other aged 39, were detained on Thursday and have all been released on police bail until May 8. Superintendent Kate Ford said: “The action taken by Thames Valley Police comes as a result of information given to the police by the public. The aim of this operation is to protect the community and to bring the offenders to justice.” Two police officers have been interviewed under caution and placed on restricted duty while they are investigated over suggestions they failed to properly respond to an incident in which a man was killed. The claims came to light during an ongoing misconduct investigation, the Metropolitan police said. Andrew Else, 52, was stabbed more than 200 times during an incident in Selsdon Park Road, Croydon in April last year. Paranoid schizophrenic Ephraim Norman, 24, earlier this year pleaded guilty to manslaughter by reason of diminished responsibility. Local officers were on the scene of the attack within seven minutes, Scotland Yard said. Teachers ‘given millions in payouts’ Agencies London T eachers have been awarded tens of millions of pounds in payouts after facing attacks from pupils, injuries and discrimination at school. The figures, from last year, reveal how one retired 70-yearold teacher from the East Midlands was awarded more than £200,000 after being diagnosed with mesothelioma - an asbestos-related cancer. In another case, a London school worker who was assaulted by an autistic student received compensation totalling nearly £180,000. There are also examples of teachers receiving smaller payouts due to accidents in the workplace, including a teacher who received £5,000 after getting her foot caught in a coat lying on a cloakroom floor, and one who was awarded £2,700 after a badly-fitted water heater fell on her as she made a cup of tea. The NASUWT said it had secured compensation of around £19.8mn for its members in 2014. This is down slightly from £20.7mn in 2013. It said the largest personal injury claim was £210,000 for the retired science teacher diagnosed with mesothelioma in 2013. Between 1973 and 1984 she had taught in classrooms that had asbestos in the prefabricated buildings, ceiling tiles and wall panels. In one the tiles regularly fell down and in another they were replaced during term time and during the school day, NASUWT said, adding that as the teacher taught science, she also had to regularly handle asbestos mats. Other claims include £85,000 for a 63-year-old school worker from Yorkshire and Humberside who suffered a broken hand, stress and anxiety due to being assaulted and tackled to the floor by a pupil as she took them out of the classroom after they attacked another pupil. A 53-year-old East Midlands teacher who suffered a serious head injury due to tripping on a defective carpet and falling against classroom shelves was awarded £74,598.89. NASUWT general secretary Chris Keates said: “The tragedy is that in most cases compensation would be unnecessary if employers followed good employment practices and appropriate health and safety procedures. “Instead, teachers have their careers, lives and health blighted and millions of pounds of public money has to be spent in compensation. “Employers flout the law, but it’s the teachers and the taxpayers who pay the price.” She added that behind each of the cases is someone who has been damaged physically or mentally because of injury or unfair dismissal. “The distress and pressure of the incident to the individual teacher and their family has often been compounded by years of legal action and court proceedings before any award is made,” Keates said. “While compensation is important, it can never make up for the fact that many of these teachers suffer permanent physical and mental injury and often cannot continue in their chosen career.” Separate data from the NUT, which does not publish an overall compensation figure, shows that one of their members was assaulted by an autistic pupil who punched her in the legs during a day trip out, leaving her with permanent nerve damage to her knee and forcing her to undergo knee replacement surgery. She was awarded compensation of £178,000. Another NUT member received £136,710 in a Criminal Injuries Compensation Authority (CICA) claim brought after she was assaulted by a 14-year-old pupil in April 2010. She suffered a prolapsed disc in her neck and depression as a result and was dismissed from her school on account of long-term sick leave in May 2011. Prime Minister David Cameron looks on as his wife Samantha holds seven-week old Regan during a visit to a family at a housing development in Chorley, northwest England, yesterday. No clear winners in pre-poll TV debate Reuters Salford T he main TV debate of Britain’s national election campaign yielded no clear winner with four opinion polls producing four different winners, but David Cameron’s attempt to appear the most statesman-like appeared to have paid off. The event, on Thursday night, was staged less than six weeks before a close national election on May 7 as polls suggest Cameron’s Conservatives and Ed Miliband’s opposition Labour Party are neckand-neck with neither on track to win a majority. The results of four snap opin- ion polls released immediately afterwards underscored why the election - that will decide who governs Britain’s $2.8tn economy - is being widely described as the closest and most unpredictable since the 1970s with voters naming no less than four winners. One poll said Scottish nationalist leader Nicola Sturgeon had won, another said Labour’s Miliband had narrowly triumphed, a third said Cameron, Miliband and UK Independence Party leader (UKIP) Nigel Farage had come joint first, while a fourth said Cameron and Miliband had both won. None of the leaders managed to deliver a “killer line” that would set them apart from the other participants. “There was clearly no knockout blow,” said Peter Kellner of pollster YouGov. Jonny Tudor, 17, who asked one of the questions on the night, said afterwards: “Some performed well in answer to certain questions, other performed well on different subjects, but there was no definitive winner.” But in a result that will calm Conservative nerves, a Comres/ ITV poll showed 40% of voters asked afterwards judged Cameron was the most capable of leading Britain, compared to 28% who named Miliband. In an unusual format for Britain, Cameron faced off against six Son of local politician held at Syria border AFP London T he son of a British local councillor was among nine people detained by Turkish authorities for allegedly trying to cross the Syrian border, his father confirmed. The group were all members of the same family and included four children, among them a one-year-old, British police said. Shakil Ahmed, a councillor for the opposition Labour party on Rochdale Borough Council, near Manchester, said he was “shocked, worried and extremely upset” to hear his son had been arrested on the border. “It’s a total mystery to me why he’s there, as I was under the impression he was on a work placement in Birmingham,” Ahmed said in a statement. A student pursuing a degree in politics and sociology at Manchester University, Ahmed’s son was among five adults aged 21, 24, 47 and two aged 22, who were arrested in the Hatay region of southern Turkey. With them were four children, aged one, three, eight and 11. They all currently live in Rochdale and are expected to be returned to Britain from Turkey “in due course”, a police spokesman said. “What is obviously concerning is why a family was seemingly attempting to take very young and vulnerable children into a warzone,” said assistant chief constable Ian Wiggett of Greater Manchester Police. “Such a volatile and dangerous environment is no place for them whatsoever.” An investigation is underway into why the group was travelling to Syria, but the police said there was no evidence of any imminent threat to Britain. “I just want to speak to my son and get him home as soon as possible so I can find out what’s going on,” Ahmed said. The arrests were announced by the Turkish army on Wednesday, but no further details were given. Turkey has repeatedly faced criticism from its Western allies for not doing enough to halt the flow across Turkish territory of European nationals seeking to join Islamic State (IS) fighters in Syria. However it has made a number of arrests in recent months and insists it is doing all it can to control the border. Nine British medical students of Sudanese origin went missing last month after travelling to Turkey with the apparent aim of crossing into Syria to join IS. Ankara was sharply criticised over the failure to stop three British teenage girls who crossed the Turkey-Syria border to join IS in February. But in late March it deported back to Britain a young woman and three male teenagers suspected of trying to travel to Syria. political rivals in what was the first and only full TV debate of a campaign that has yet to stir voters, many of whom say they feel jaded despite a rising economy. In one of Cameron’s more animated moments in an otherwise reserved performance, he pointed to his rivals, one-byone, and said: “What I’m hearing is more debt and more taxes, more debt and more taxes, a lot more debt and more taxes, some more debt and more taxes, and definitely more debt and more taxes.” A rare moment of drama came when a female audience member briefly interrupted Cameron to complain about the number of homeless peo- ple sleeping in the streets. The ITV debate, held in a former pie factory near the northern city of Manchester, ranged across the economy, the health service and immigration in front of an otherwise quiet studio audience. It put leaders of traditionally fringe parties like Ukip and Natalie Bennett, the leader of the left-wing Green Party, on an equal footing with the Conservatives and Labour, who have dominated British politics for decades. Sturgeon, the leader of Scotland’s nationalists, joined Welsh nationalist leader Leanne Wood and Nick Clegg, the leader of the Liberal Democrats, the junior party in the country’s coalition, to complete the lineup. Labour-SNP a lethal cocktail, says Gove Agencies London A Police officers stand guard outside the family home of one of nine British citizens in Rochdale, northern England, yesterday. The property is thought to be the home of local councillor Shakil Ahmed. Labour government propped up by the Scottish nationalists and other smaller parties would be a “lethal cocktail” that would destabilise the country and undermine the economic recovery, the Tories claimed yesterday. Following Thursday night’s seven-way televised leaders’ debate which saw a strong showing from the SNP’s Nicola Sturgeon, Conservative chief whip Michael Gove said the nationalists would pull Labour leader Ed Miliband “well to the left” if he was forced to rely on their votes in the Commons. “We saw in Sturgeon, certainly an impressive performance but also a performance from someone well to the left of not just the centre ground of British politics, but well to the left of Ed Miliband,” Gove said. “I think it is a leap that is unmerited by the polls to say that a SNP-Labour government would be a popular choice in this country. I think that people appreciate that there would be an inherent instability in that arrangement. “I don’t think that people would like the potential chaos that would ensue if you had Ed Miliband as prime minister having to make every decision with Nicola Sturgeon and Alex Salmond auditing it to decide whether or not that decision was in the interests of Scotland and Scottish nationalism rather than the whole of the United Kingdom. “If the country chooses to it could vote for a patchwork coalition ... I prefer to say a lethal cocktail of different parties which all have different objectives - there would be an automatic instability.” His comments came after a clutch of instant polls suggested that the one encounter of the general election between Miliband and David Cameron had proved inconclusive - although Sturgeon was widely seen to have done well. The Scottish First Minister deliberately sought to reach out to voters in England, saying that SNP MPs at Westminster would be “a voice to help bring about change for you too.” 10 Gulf Times Saturday, April 4, 2015 EUROPE France says ‘non’ to ultra-skinny models Reuters/AFP Paris F rance will ban excessively thin fashion models and expose modelling agents and the fashion houses that hire them to possible fines and even jail, under a new law passed yesterday. The move by France, with its fashion and luxury industries worth tens of billions of euros, comes after a similar ban by Israel in 2013, while other countries, like Italy and Spain, rely on voluntary codes of conduct to protect models. The measure is part of a campaign against anorexia by President Francois Hollande’s government. Lawmakers also made it illegal to condone anorexia and said any re-touched photo that alters the bodily appearance of a model for commercial purposes must carry a message stating it had been manipulated. “Anyone whose body mass index ... is below a certain level will not be able to work as a model,” according to the amendment of a bill voted by the lawmakers. “The activity of model is banned for any person whose Body Mass Index (BMI) is lower than levels proposed by health authorities and decreed by the ministers of health and labour,” the legislation says. The lawmaker behind the bill previously said models would have to present a medical certificate showing a BMI of at least 18, about 55kg (121lb) for a height of 1.75m (5’ 9”), before being hired for a job and for a few weeks afterwards. The law, voted through the lower house of parliament by Hollande’s Socialist majority despite opposition by conservative parliamentarians, envisages imprisonment of up to six months and a fine of €75,000 ($82,000) for any agency contravening it. A second measure means that any website inciting a reader to “seek excessive thinness by encouraging eating restrictions for a prolonged period of time, resulting in risk of mortality or damage to health” will face up to a year in prison and fines of up to €100,000. “The prospect of such a punishment will have the effect of regulating the entire sector,” said Olivier Veran, the deputy proposing the amendment, who said France moves to ban sunbed adverts, access for kids France’s parliament approved a draft law yesterday banning advertising for artificial tanning beds and salons, and prohibiting people under 18 from using to the popular yet potentially dangerous ultraviolet technology. The text also prohibits selling or giving away sunbeds to non-professionals, and is part of a wider health bill expected to be voted into law by year’s end. “Our fellow citizens don’t know the risks they’re taking ... we are worried about the home use of these machines,” said Health Minister Marisol Touraine. The bill also introduces requirements that tanning salon staff receive proper training on the health risks of UV ray exposure. Socialist legislator and former skin cancer specialist Michele Delaunay said that tanning-induced melanoma is the second-fastest-growing form of cancer, after lung cancer among women. “The number of skin cancer cases is doubling every 10 years,” Delaunay said, adding that experts have substantiated health risks involved to UV ray exposure in sunbeds. There are some 10,700 tanning salons in France, and 40,000 sunbeds. Brazil and Australia have both banned minors from using tanning salons. The UN’s World Health Organisation has warned that “UV radiation plays an important role in the development of skin cancer, cataracts, and other eye conditions, and suppresses the immune system”. that similar measures had been taken in Spain, Italy and Israel. But France’s National Union of Modelling Agencies, or SYNAM, slammed the move for “lumping together anorexia and thinness”. It noted that some models were naturally very slim and could argue they were being discriminated against by the measure. “When you look at the criteria behind anorexia, you can’t look only at the body mass index when other criteria are also involved: psychological, a history of hair loss, dental problems,” the head of SYNAM, Isabelle Saint-Felix, complained to AFP. “It’s important that the models are healthy,” she said, “but it’s a little simplistic to think there won’t be any more anorexics if we get rid of very thin models.” The union warned the competitiveness of French modelling could be undermined by the proposed laws. Saint-Felix said nine out of 10 models used in French fashion shows and magazines were foreign. France’s ruling Socialists, however, appear determined to bring legislative oversight to the sector. Health Minister Marisol Touraine had previously said that young models should “eat well and look after their health”. “This is an important message to young women who see these models as an aesthetic example,” added the minister. Elite and IMG, two big modelling agencies present in France, both declined to comment on the moves. Some 30,000-40,000 people in France suffer from anorexia, most of them teenagers, health experts estimate. In 2010, Isabelle Caro, an anorexic 28-year-old former French fashion model, died after posing for a photographic campaign to raise awareness about the illness. Pope hears of indifference to Christian persecution Reuters Vatican City P ope Francis presided at a Good Friday service where he heard the Vatican’s official preacher accuse the international community of indifference to the persecution of Christians, a day after Islamist militants attacked a university in Kenya, killing at least 147 people. Father Raniero Cantalamessa, whose title is “preacher of pontifical household”, referred to the attack, in which Shebaab militants initially killed indiscriminately but later freed some Muslims and targeted Christian students during a siege that lasted about 15 hours. The long “Passion of the Lord” service, during which the Pope prostrated in prayer on the marble floor of Saint Peter’s Basilica on the day Christians commemorate Jesus’ crucifixion, is one of the few times he listens while someone else preaches. Cantalamessa weaved his sermon around the plight of Christians today. “Christians are of course not the only victims of homicidal violence in the world, but we cannot ignore that in many countries they are the most frequently targeted victims,” he said. T ributes poured in yesterday for Portuguese director Manoel de Oliveira, who has died at the age of 106, after a long and fruitful career spanning the silent and digital eras of film. He was the world’s last active director to have started his career in silent pictures. Word of Oliveira’s death on Thursday unleashed a flurry of tributes from artists, critics and politicians around Europe, with the Portuguese government decreeing two days of official mourning. Portuguese Prime Minister Pedro Passos Coelho was expected to attend the director’s funeral in his hometown Porto, and stars Oliveira had worked with rushed to pay tribute to his life and work. “It is very difficult for me to Reuters Belgrade S erbia must co-operate with a UN war crimes court seeking the return of an ultra-nationalist defendant, not on the basis of truth or justice but because it’s the law, the Balkan country’s president said yesterday. The remarks by President Tomislav Nikolic underscored the disdain many Serbs feel for the Hague-based tribunal, which released firebrand politician Vojislav Seselj in November on grounds of illhealth only to demand his return this week. Nikolic was Seselj’s righthand man during the war years of Yugoslavia’s collapse in the 1990s, when both men were disciples of a “Greater Serbia” ideology. But both Nikolic and Prime Minister Aleksandar Vucic – another former Seselj ally – turned their backs on him in 2008 when they pushed instead for Serbia’s Western integration. Seselj’s return to Serbia, and his subsequent refusal to heed the tribunal’s call for him to come back, has put them in an awkward spot, confronting them with the unpalatable prospect of having to extradite a man who was once their close friend. “It’s always tough when you have to co-operate exclusively because of the law, and not because of justice, God or the truth,” Nikolic told local TV Chuprija late on Thursday, in comments carried by the state news agency Tanjug yesterday. The president also warned the media to keep its distance, Seselj: has cancer. echoing an often hostile tone used by officials in Serbia’s conservative government towards its press critics. “The media shouldn’t be meddling in this, because they’ll only make things worse. I know who’s on which side. And I can tell you honestly, none of them is on the side of Seselj. They want to use any opportunity to bring down the government,” he said. Serbian co-operation with the UN tribunal for the former Yugoslavia has long been a key condition of the country’s closer integration with the European Union. The Serbian government is likely to face increasing Western pressure to arrest Seselj if he does not agree to return voluntarily. Serbia wants the EU to open the first so-called “chapters” of accession talks this year. Seselj, who has cancer, has said that police will have to carry him to the plane, though Vucic has appeared to rule out using force, saying Seselj would not be arrested in a “raid”. Seselj handed himself into the tribunal in 2003, but was released in November on compassionate grounds before any verdict was reached in his long-running trial. This order was revoked on Monday because he had publicly said he would not return to the court once a verdict was reached. Germans eat 41,000 tonnes of rabbit More than 41,000 tonnes of rabbit meat is consumed in Germany every year, with two-thirds of that figure eaten at Easter, according to figures from the rabbit meat production industry released yesterday. Unlike meat production for other animals, very few Germans seem to have concerns about the conditions in which rabbits bred for their meat are kept, animal rights organisations have said. Many consumers are simply not aware of the production conditions, unlike the controversy generated by the industrial farming of pigs, turkeys of chickens, on which animal rights organisations and some politicians have campaigned. Groups like PETA in Germany and Vier Pfoten, which translates as Four Paws, report that rabbits bred for their meat are often kept in small cages like battery hens, which is difficult for a social animal like a rabbit. They also question the welfare standards of meat imported from China and Eastern Europe. Ten killed in Tajikistan mudslide Pope Francis leading the ‘Via Crucis’ (Way of the Cross) procession at the Colosseum. Cantalamessa denounced “the disturbing indifference of world institutions and public opinion in the face of all this killing of Christians ...” Besides the Kenya killings, he mentioned the beheading of 22 Egyptian Coptic Christians last February by Islamic State militants in Libya. Later in the day, the second of four days of papal activities culminating on Easter Sunday, Francis led a candlelight “Way of the Cross” procession around the ruins of Rome’s Colosseum. Tonight the leader of the world’s 1.2bn Catholics celebrates an Easter Eve service in Saint Peter’s Basilica and tomorrow he delivers his twice yearly “Urbi et Orbi” (to the city and the world) blessing and message. The Pope earlier condemned the Kenyan university attack as “senseless brutality”. Francis has expressed alarm over the plight of Christians targeted for their faith and has said the international community would be justified in using military force as a last resort. European cinema pays tribute to late director Oliveira AFP Lisbon Serbia war crimes co-operation not on ‘basis on truth’ imagine the world without his light,” said American actor John Malkovich, who played in Oliveira’s 2001 film, I’m Going Home, about a successful Parisian actor forced to confront solitude, old age, and death when his family is killed in a car crash. “It is very sad, but c’est la vie. He had a long, incredibly rich life,” Malkovich told Portuguese television. “Manoel de Oliveira was very special, at once both seductive and authoritarian, and often charming. He was above all an artisan, working incessantly on his films,” French daily Liberation quoted actress Catherine Deneuve saying of the man with whom she made two movies. Born on December 11, 1908 in Porto, Oliveira followed his passion for cinema by first becoming a bit actor in silent films at the age of 20, then directing his first work in 1930. During a career that spanned Ten people were killed by a mudslide in Tajikistan yesterday while working on an irrigation project in the mountains outside the capital Dushanbe, authorities said. “At noon on Friday they were laying an irrigation pipe when they were struck by wet rockfall during their work,” Orif Nozimov, spokesman for Tajikistan’s state emergencies committee, told AFP. All of the victims were men between 20 and 30 years old, Nozimov said, noting that only two of the bodies were recovered by a rescue team. Avalanches and mudslides are common in mountainous Tajikistan. In February, a single avalanche claimed six lives in the east of the Central Asian country. In 2014, authorities recorded around 40 deaths related to natural disasters, mostly mudslides and avalanches. Tajikistan’s neighbour to the south, Afghanistan, has suffered its worst avalanche season in recent memory, with more than 200 deaths this past winter. Father tries to sell infant daughter Spanish police said on Thursday that they had arrested a Romanian father accused of trying to sell his week-old daughter for €5,000 ($5,410). Investigators have not yet taken the mother, 38, into custody, but she and the father both face criminal charges in connection with the case. Investigators suspect the 43-year-old father and the mother “decided to sell the baby from the start and the woman got pregnant for that purpose”, Spanish police said in a statement. The father is believed to have travelled to Romania before the birth to wrap up the sale with buyers “he was in contact with via Internet”. The infant was taken away from her parents and placed in foster care. Police did not say when the arrest or the alleged crime occurred. Portuguese director de Oliveira, then aged 99, sits with photographers during a photocall at the 61st Cannes Film Festival in this May 19, 2008 file photo. nearly a century, Oliveira produced around 50 films and documentaries, usually auteur productions based on theatrical or literary works – including the 1985 The Satin Slipper, drawn from the seven-hour play by Paul Claudel. His better-known movies include The Divine Comedy (1990), Belle Toujours (2006) and The Strange Case of Angelica (2010). In 2008 he received a lifetime achievement award at the Cannes film festival. “He filmed virtually all the movies he wanted to make up to the age of 106. Fifteen days ago, he was still working at a final project he wanted to direct,” said Ricardo Trepa, Oliveira’s actor grandson, who acted in several of the director’s movies. Though Oliveira’s final film in- spired by an epic poem by Luis de Camoes was not uncompleted, he left behind an autobiographical film made in 1982 that has never been seen. The movie is set to debut sometime this month. “Filming is my work, my passion,” Oliveira said in recent years. “My life passed too quickly, and I never had any time to lose.” Four feared dead in boat sinking Two fishermen died and two others were missing presumed dead after their shellfish dredger capsized and sank off the east coast of Italy, local officials said yesterday. The vessel, the Sparviero, toppled over on Thursday as the crew were hauling in shellfish in rough conditions off the town of Civitanova in the Marche region. The vessel sailed out of Puglia in southern Italy but had a mostly Romanian crew. The bodies of two of the sailors, one Italian and one Romanian, were recovered and two other Romanians were unaccounted for yesterday when rescue efforts were suspended because of the bad weather. The boat has not been recovered. Gulf Times Saturday, April 4, 2015 11 EUROPE UN body calls on Russia to act against rights abuses Reuters Geneva U nited Nations rights experts on Thursday called on Russia to repeal laws limiting free speech and targeting homosexuals and to act firmly to prevent torture by police, racist crimes and a wide range of other human rights abuses. The 18-member Human Rights Committee also told Moscow it should move to prevent violation of a key UN pact to which it is signatory by pro-Russian rebels in eastern Ukraine, by authorities in the Chechen republic, and in Crimea. The calls came in a report that indirectly drew a picture of a country rife with persecution of dissenters and of groups that do not conform to Kremlin policies while giving no recourse to an independent judicial system. “What worries us most (in Russia) is the reduced space for civil liberties as the result of an onslaught of legislation,” Committee member Yuval Shany, an Israeli professor of international law, told a news conference. The Committee’s 12-page document largely referred to “reports” of abuses and violence, including by what it called “ultra-nationalist, racist and neo-Nazi” extremists, and of torture of crime suspects in jails. It explicitly called for authorities to investigate allegations that former Chechen police officer Zaur Dadayev, one of the suspects detained in the February murder of Putin critic Boris Nemtsov, was tortured in custody. Moscow should take steps immediately to give “effective protection to lawyers, journalists, human rights defenders and opposition politicians whose lives, safety and security are under threat”, the experts said. The Committee, which monitors countries’ performance under the 1976 International Convention on Civil and Political Rights, issued the document after examining Russia’s record last month. During a discussion then, Russian officials denied the truth of many of the reports cited by the body’s members, largely lawyers and academics. But Moscow has not responded formally. The UN report said laws signed by President Vladimir Putin, including on limiting Internet activity and restricting links between Russian nongovernmental organisations and foreign groups, “appear” to violate the UN convention. The Committee said it was concerned by reports of hate speech and violence against gays and called on Moscow to “clearly and explicitly state that it does not tolerate any form of social stigmatisation of homosexuals”. It also noted “under-representation of women in decisionmaking positions” in political life. Alps crash co-pilot took steps to accelerate plane AFP/Reuters Paris I nformation from the second black box found in the wreckage of the Germanwings flight that crashed in the French Alps confirms that the co-pilot acted deliberately and even accelerated as the doomed plane descended, investigators said yesterday. “A first reading shows that the pilot in the cockpit used the automatic pilot to descend the plane towards an altitude of 100 feet (30m),” said the French BEA crash investigation office in a statement. “Then, several times during the descent, the pilot changed the automatic pilot settings to increase the aircraft’s speed,” added the investigators. The latest information appeared to confirm the theory that co-pilot Andreas Lubitz deliberately smashed the plane into the mountains, killing all 150 people on board. Authorities found the second black box, which contains technical flight data, on Thursday after a grueling 10-day search in difficult mountain terrain. Alice Coldefy, the only woman on the 43-strong elite mountain police team, uncovered the box on her first day on the search. “Everyone was happy. (It was a) relief for all the people that had been working there for a week and a half without a break,” the 32-year-old told AFP. The precious box, found blackened by the fireball and buried deep in mountain scree, was transported to Paris late on Thursday and specialist investigators began to analyse the data immediately. This handout photo taken on Thursday and released by France’s Bureau of Investigation and Analysis (BEA) shows the Flight Data Recorder (black box) of the Germanwings Airbus A320. “Work is continuing to determine the precise sequence of events during the flight,” the BEA said. Data from the first black box, which records conversations in the cockpit, suggested that Lubitz, 27, locked his captain out and then deliberately set the plane on a deadly collision course with the mountains. The plane smashed into the mountains last week at a speed of 700kph (430mph), instantly killing everyone on board – half of them German and more than 50 from Spain. The crash sparked a tricky rescue mission, with authorities scouring the pulverised debris for clues and DNA to identify the victims. French prosecutors have said that 150 DNA strands had been isolated but have also stressed this did not necessarily mean all T he Croatian government has backed a bill on compensating the victims of sexual violence committed during the country’s independence war, which ended almost two decades ago. “More than 20 years since the sexual violence was committed ... its victims, both men and women, will finally get the right to be treated with respect and the right for their suffering to be recognised,” deputy minister for veterans Vesna Nad told a government session on Thursday. Victims would be entitled to a one-time compensation payment of up to €20,000 ($21,800), depending on the French Interior Minister Bernard Cazeneuve is assisted as he places a wreath by a stele in memory of the victims of the Germanwings Airbus A320 crash, yesterday in the village of Le Vernet, French Alps. interrupting his flight training. Doctors had recently found no sign that he intended to hurt himself or others, but he was receiving treatment from neurologists and psychiatrists who had signed him off sick from work a number of times, including on the day of the crash. Police found torn-up sick notes during a search of his apartment after the crash. The first black box suggested that passengers were only aware of what was to happen to them in the final seconds. However, French and German media claim to have seen a video purportedly showing the final moments aboard the doomed airliner, which they said was shot on a mobile phone that somehow survived the crash. The purported video reportedly shows a chaotic scene with people screaming “my God” in several languages. Several airlines and countries around the world have since ruled that two authorised crew members must be present in the cockpit at all times. Air France said that they have had two people in the cockpit since Wednesday as a “temporary” measure after the European aviation safety agency issued recommendations. Meanwhile, German newsmagazine Der Spiegel reported that German prosecutors have searched the offices of five doctors whose help was sought by Lubitz. Erdogan wants private security guards replaced AFP Istanbul T Erdogan: I will suggest to my friends (the government) that they remove private security guards altogether (from public institutions). Croatia to compensate victims of war-time sexual violence AFP Zagreb the victims had been identified. Interior Minister Bernard Cazeneuve visited members of the rescue team in the southern city of Marseille to hail their work. “Be proud of who you are, what you have achieved,” he told them. It emerged on Thursday that Lubitz had searched online for information about suicide and cockpit doors. German prosecutors have said Lubitz was diagnosed as suicidal “several years ago”, before he became a pilot. Lufthansa, the parent company of Germanwings, has come under huge pressure since the crash after it was revealed that Lubitz had told his bosses that he had suffered from severe depression. The German flag carrier said the co-pilot had told the airline in 2009 about his illness after severity of the crime, under the bill. They would also be entitled to monthly allowances of some €320, healthcare, rehabilitation, psychological counselling and free legal aid. Nad called the compensatory measures an “answer to the failure of both the state and society” to protect and enable the victims’ rights over the past two decades. The bill has still to be approved by parliament, which is expected to do so next month. The number of sexual violence victims during the former Yugoslav republic’s 1991-1995 war of independence is estimated at some 2,500. Most of them were women but some men, mostly those held in detention camps, also suffered sexual violence in the conflict which claimed some 20,000 lives. Unlike other victims of the wars that tore the former Yugoslavia apart in the 1990s, in particularly members of the military, the victims of sexual violence have long been neglected and not only in Croatia. Their overall number is estimated at between 20,000 and 50,000, mostly of them being Bosnian Muslim women who were raped during the 19921995 war there. In Bosnia, they have since 2006, 11 years after the end of that country’s bloody war, to a pension of some €290. In Kosovo, the former Serbian province, they have the status of war victims, but due to budgetary constraints they receive no financial compensation. urkish President Recep Tayyip Erdogan has urged the government to replace private security guards with police forces in the wake of two deadly shootouts in a week that sent shockwaves through the country, reports said yesterday. Erdogan said that the ubiquitous use of private security firms to guard public buildings like courthouses but also hospitals and stadiums should be outlawed. “I will suggest to my friends (the government) that they remove private security guards altogether (from public institutions),” Erdogan said. “I believe it would be a historic decision,” the Hurriyet daily quoted him as saying in a closed briefing on the presidential jet as he returned home from Romania. On Tuesday, two Revolutionary People’s Liberation PartyFront (DHKP-C) militants took a prosecutor hostage at an Istanbul courthouse and held him for hours before all three were killed in a shootout with the police. The two gunmen who took the prosecutor hostage had reportedly entered the giant Istanbul Caglayan Palace of Justice – guarded by private security guards – disguised as lawyers. “Turkey has its own police department. It should set up protection teams for courts. Private security units should be abolished,” Erdogan said. “Not only courthouses, but stadiums and hospitals should be left to the police,” the president said. It was not clear if he was calling for a blanket ban on private security guards. Security footage broadcast on Turkish television on Thursday showed the two militants easily entering the courthouse and then moving to the prosecutor’s office. In further violence on Wednesday, police in Istanbul killed an armed woman linked to the DHKP-C after she tried to storm the police headquarters in Istanbul. According to official statistics, Turkey has approximately 270,000 private security guards who are employed in the public and private sectors. Erdogan’s comments came amid growing accusations from opponents that the country is turning into a police state, after the Turkish parliament passed draconian legislation in March that boosts police powers. Paris supermarket hostages sue media AFP Paris S ix people who hid in a supermarket refrigerator during January’s Islamist attacks in Paris have sued French media for broadcasting their location live during the siege. Images broadcast from the scene on January 9, when gunman Amedy Coulibaly stormed into the Hyper Casher Jewish supermarket, killing four and taking others hostage, “lacked the most basic precautions” and endangered those still alive inside, said a lawyer representing the group, Patrick Klugman. Klugman singled out French 24-hour news channel BFMTV, which revealed live on air that the group – including a threeyear-old and a one-month-old baby – was hiding from Coulibaly in the cold room, where they were taken by one of the supermarket’s employees. “The working methods of media in real time in this type of situation were tantamount to goading someone to commit a crime,” Klugman told AFP on Thursday, roundly criticising coverage by other outlets of security forces movements during the stand-off. The lives of those hiding “could have been at risk if Coulibaly had been aware in real time what BFMTV was broadcasting”, Klugman said, adding that the jihadist was following the coverage of his raid on different channels and had been in contact with BFMTV journalists. The heavily-televised events at Hyper Cacher in eastern Paris came two days after Cherif and Said Kouachi shot 12 people at the offices of satirical magazine Charlie Hebdo. All three gunmen were killed after three days of attacks the killed a total of 17 people and deeply shocked France. The lawsuit charges media outlets with endangering the lives of others by deliberately ignoring security protocols, which carries a maximum penalty of a year in prison and €15,000 ($16,300) fine. Der Spiegel said they secured medical records, citing a summary of the prosecutors’ findings. The magazine will publish the story today. Once the co-pilot Andreas Lubitz’s name became public, several doctors came forward to say he had visited them, Der Spiegel said. He saw specialists for both neurology and psychiatry, it added, although it was unclear whether this information also came from the prosecutors’ findings. The public prosecutors’ office in Duesseldorf, where Lubitz had a home, was not immediately available for comment when contacted by Reuters. Lithuania to raise military spending Reuters Vilnius L ithuania, spooked by Russian military assertiveness, outlined plans yesterday to raise defence spending by a third in 2016, contributing the highest share of its economy to defence since it joined Nato in 2004. The Baltic country has never met the informal Nato rule of spending 2% of its economy on defence and curbed its defence budget during the 2009-2010 financial crisis. By 2013, Lithuania was spending just 0.8% of GDP on defence, the second smallest share of Nato countries after Luxemburg. The attitude changed in 2014, however, when Russia took over the Crimea peninsula and backed separatists in eastern Ukraine. President Vladimir Putin denies sending troops and weapons to the region. The Lithuanian Defence Council, a defence policy setting body, yesterday proposed raising military spending by €149mn ($164mn) in 2016, to €574mn, or about 1.46% of the economy, the ministry of defence told Reuters in an e-mail. Lithuania has already upped defence spending in 2014 and 2015, and its political parties have promised to reach the 2% of GDP goal no later than in 2020. “This will get our army to a whole new level, it will be ready to ensure defence and deterrence, both in its own right and together with the allies,” Defence Minister Juozas Olekas said. The minister did not mention Russia by name yesterday, but Lithuania’s leaders have frequently referred to the threat from its huge non-Nato neighbour and former Soviet master. If approved by parliament, the increased budget will be used to expand troop numbers and upgrade equipment, and for training with allies, Olekas said. 12 Gulf Times Saturday, April 4, 2015 INDIA DECISION CRIME CRIME ATTACK MYSTERY Convicted of assault, Goa minister resigns Auto theft kingpin wanted across India arrested Angry man kills wife for refusing medicines Dogs maul patient at Hyderabad hospital T20 bookie found dead in Goa Goa Archives and Archaeology Minister Francisco Pacheco, who was convicted in an assault case upheld by the Supreme Court earlier this week, resigned from the cabinet yesterday. A spokesperson for the chief minister’s office confirmed Pacheco submitted his resignation to Chief Minister Laxmikant Parsekar and it was accepted. Parsekar hadearlier said it was embarrassing to have a convicted minister in his cabinet. Pacheco, a legislator from Nuvem, has a string of cases against him related to extortion, assault, bigamy and money laundering. He was booked in July 2006 for assaulting Kapil Natekar, a junior engineer in the state power department. The leader of a notorious gang which stole cars from across the country and was also wanted in New Delhi and Mumbai was arrested in Guwahati early yesterday, police said. The Guwahati police swooped on Anil Chauhan from Azara area along with an accomplice, Mamud Choudhury, police commissioner Mukesh Agarwala told the media. “Chauhan is a veteran in the field. His network was spread across the country,” the officer said. “We have confirmed with the police in Mumbai, New Delhi and Meghalaya and found that they were also on the lookout for Chauhan.” The police recovered two pistols, five rounds of ammunition and a vehicle from their possession. Angry at his ailing wife’s refusal to take her medicines, a man in Bihar’s Buxar district killed her, police said yesterday. Salma Khatoon, 26, died of her injuries after her husband Mohamed Mustafa Abbasi hit her with a blunt object on Thursday. “Salma was sick for some days and a doctor had prescribed some medicines. But she was not taking them regularly,” a Brahampur police station officer said. “Her husband was unhappy over it. When she refused to take the medicines, her husband in a fit of anger hit her with a blunt object,” the officer added. The seriously injured Salma later died for lack of immediate medical care. Police have arrested Abbasi. A man waiting to be admitted to a Hyderabad hospital for injuries sustained in a road accident was mauled by two dogs yesterday. The incident occurred at the Gandhi Hospital, one of the biggest government-run hospitals in the city. The man was waiting under a shed near the emergency ward of the hospital when the dogs attacked. He was later shifted to the emergency ward. Following the incident, officials of Greater Hyderabad Municipal Corporation swung into action to launch a drive against stray dog menace in the hospital premises. The incident occurred a few days after pictures of dogs sleeping on beds at Osmania General Hospital came to light. A week before the Indian Premier League takes off, a bookie previously arrested for accepting bets on T20 matches was found dead in mysterious circumstances, the Panaji police said yesterday. The deceased, identified as Lakhpatraj Jain, is a native of Ahmedabad in Gujarat. On Thursday, Jain was found dead near some bushes in the upscale Altinho area in Panaji, which also houses the chief minister’s residence and other VIP homes. “We found two offshore casino entry ticket stubs in his pockets,” a police spokesperson said, adding that the dead man had been staying at a hotel owned by a casino group near Panaji. There were no external injuries, police said. MPs’ support for tobacco has Centre on the defensive IANS Tezpur (Assam) B JP MP Ram Prasad Sarmah yesterday claimed there was no proof that smoking tobacco led to cancer. The MP from Tezpur told the media here: “There is no proof that smoking tobacco leads to cancer. There has to be proof that smoking cigarette leads to cancer. “One must prove that smoking is medically or chemically harmful to one’s health,” he added. The Bharatiya Janata Party leader referred to two of his acquaintances who he said used to smoke 60 cigarettes every day but enjoyed a healthy and long life. “One of them is still surviving,” he said. Earlier BJP’s Lok Sabha member from Allahabad, Shyama Charan Gupta, who is a member of a parliamentary committee on subordinate legislation on tobacco, has claimed that there was no evidence to show that tobacco causes cancer. Gupta also alleged that there was a global conspiracy to kill India’s beedi industry. Gupta added: “There are many chain smokers who have not got cancer. This is being done by some foreign bodies. Why does WHO want to implement this in India and not in the US, which is a better educated country?” Last week BJP MP Dilip Gandhi, who heads a parliamentary panel on subordinate legislation, sparked a huge row after saying that there was no Indian study to confirm that use of tobacco led to cancer. Meanwhile the central government yesterday “dissociated” itself from comments made by the BJP parliamentarians. Union Health Minister J P Nadda told Times Now news channel “we are very clear that the party (BJP) and the health ministry do not subscribe to their views. We dissociate with their statements. It is for parliament to see. We don’t consider individual recommendations. “We are very much consistent in our stand of reducing the consumption of tobacco,” the minister said, adding that any recommendation by the parliamentary committee would be considered on merit. The health ministry heeded a recommendation of the committee when it decided to keep in abeyance an October 2014 notification that made it mandatory for all tobacco packets to carry a pictorial warning covering 85% of its principal display area. Meanwhile, former union health minister Anbumani Ramadoss yesterday appealed to Prime Minister Narendra Modi to increase the size of pictorial warnings on tobacco product packets to 85% as scheduled earlier. The founder member of the PMK (Pattali Makkal Katchi), which is a National Democratic Alliance ally, described arguments against increasing the size of pictorial warnings on cigarette packets as “ignorant” and “foolish”. “It is high time the prime minister intervened. I appeal to him to order the health ministry to increase pictorial warning to 85% immediately,” Ramadoss told the media. Ramadoss noted that some MPs had stated there were no studies to link tobacco use leads to cancer, to which another parliamentarian has said by using the same logic, sugar should be banned. The former minister said both these were ignorant and foolish utterances without any scientific basis and the centre should stop it “as the country should not be put to shame”. Kashmir disaster An earthmover gets stuck in the swollen Jhelum river in Anantnag, Kashmir, yesterday. Nine people were killed in incidents of house collapse and landslide in Jammu and Kashmir yesterday. A police officer in Jammu said seven members of a family were killed when their house collapsed following incessant rain in the hilly Doda district of Jammu region. Two people were killed and two others injured in the border town of Uri in Baramulla district of the Kashmir Valley when they got trapped under a tree dislodged in a landslide. Fab India store sealed as trial room camera found IANS Panaji A store operated by fashion boutique chain Fab India was sealed in Goa yesterday and three to four people were detained for allegedly setting up a CCTV camera which overlooked the store’s changing room where central minister Smriti Irani was trying out clothes. As police made the announcement, the North District police formed a special squad to examine stores across the coastal belt in the state for mischievously placed security cameras. Teachers accused of molesting 55 students IANS Akola (Maharashtra) A manhunt has been launched to arrest two teachers who face charges of molesting 55 students of the Jawahar Navodaya Vidyalaya (JNV) in Akola, Maharashtra, an official said here yesterday. Based on mobile telephone tracking, the Akola Civil Lines police have detected the two teachers to be hiding somewhere in Amravati and sent a police team to nab them, said Maharashtra Women’s Commission (MWC) member Asha Mirge. “These 55 girls, aged between 13-17 have given me a written, signed statement about the incident involving the two teachers, who indulged in pervert talks, molested them and made sexual advances,” Mirge said. She met district collectorate officials with just one demand - nab the culprits and book them to serve as an example to others. The JNVs, directly administered by the human resource development ministry, were founded with a task of discovering talented children from economically backward sections and providing them with the best of education and residential accommodation to bring them to the mainstream. “A majority of the victims are from very poor families but extremely intelligent and has been inducted into the JNV after passing a rigorous entrance exam,” said Mirge, a gynaecologist. The two teachers - Rajan Gajbhiya, 42, and Shailesh Ramteke, 49 - escape and went into hiding after Mirge brought the incident to the notice of district collector Arun Shinde, district superintendent of police Chandrakishore Mina, and Principal R Singh. “I plan to meet Maharashtra Chief Minister Devendra Fadnavis and write to Human Resources Development Minister Smriti Irani, demanding safety and security for all the girls in such 600 residential JNVs around India,” Mirge added. Earlier, the principal informed Mirge that an internal committee had forwarded its report on the incident to the JNV divisional commissioner, Pune, who is in-charge of 64 schools in Maharashtra, 33 in Gujarat, 26 in Goa and Daman and Diu (two each), and one in Dadra and Nagar Haveli. Mirge also spoke to many of the 359 girls studying in JNV at Akola and most of them complained about the offensive language used by the two teachers. The MWC has dispatched its trauma teams to each of the JNVs in the state to ascertain if there were similar incidents elsewhere. In December 2014, when Mirge exposed the sexual assault of 32 girls, including seven who were raped and one who committed suicide at the Tapovan Vidyalaya in Amravati, the school was shut down, she said. Irani, who was visiting the store located near the upmarket beach resort village of Calangute in north Goa, was trying out clothes in the changing room when members of her entourage noticed the camera discreetly pointed towards the dressing room and raised a hue and cry. A First Information Report has been filed under Sections 354 and 509 of IPC, superintendent of police (North Goa) Umesh Gaonkar said, adding three to four people had been detained. “We have sealed the store. Investigations are on,” Gaonkar told reporters. Irani has also recorded her statement with the Calangute police station. The police have not disclosed the identity of the detainees, all of whom are employees of the store operated by Fab India, a leading Indian fashion label which has a presence across India. Calangute BJP legislator Michael Lobo, who was first contacted by Irani’s team after the incident, said he and the police were scanning through the video footage of the particular CCTV camera which goes back to at least three months. “The camera is in a very mischievous place and there is footage of women changing clothes for the past three to four months. We have to crack down on this evil. Many women and Celebrity chief guest men appear to have been targeted here,” Lobo said. The Congress, meanwhile, claimed that the ‘changing room scandal’ was commonplace in Goa’s populous and popular coastal belt which hosts hundreds of thousands of tourists every year. “Not just this boutique. All stores with such a facility must be investigated. A union minister can at least alert the authorities but most people cannot,” Congress spokesperson Durgadas Kamat said. In the wake of Irani’s CCTV camera episode and a case in New Delhi where a mobile phone was found in a changing room, the Delhi Police is plan- Political vendetta cause of asset seizure: Maran IANS Chennai T Bollywood actress Chitrangada Singh inaugurates a function in New Delhi yesterday. ning to conduct another round of search operations in malls and showrooms. Last month, a girl had spotted a phone in video-recording mode inside the Van Heusen trial room in south Delhi’s Lajpat Nagar and had filed a complaint. “After the incident, our team had conducted a search operation in every malls and showroom of the national capital,” special commissioner of police (law and order) Deepak Mishra said. “We will conduct another search operations in every mall and showroom in the city to ensure dignity of women is safeguarded,” he added. he Sun TV group continued to maintain a studied silence yesterday over the attachment of assets worth Rs7.42bn belonging to Dayanidhi Maran, Kalanithi Maran, his wife Kaveri Kalanithi and other group companies by the enforcement directorate (ED). Senior group officials were not available for comments for the second successive day, though it was business as usual at various channels owned by the group. However, former telecom minister and DMK (Dravida Munnetra Kazhagam) leader Dayanidhi Maran has termed the ED action as political vendetta. The impact of the ED action on the Sun TV Network’s scrip would be known only on Monday when markets open for trading. On April 1, the Sun TV’s scrip closed at Rs453.85 in the Bombay Stock Exchange. Kalanithi Maran owns 75% of the Sun TV’s shares. On Wednesday, the ED announced attachment of assets (moveable and immovable) worth Rs7.42bn belonging to the Maran brothers, Kaveri Kalanithi and group companies in connection with the Aircel-Maxis deal case. Dayanidhi Maran said the assets belonging to him that were attached by the ED were acquired long before the alleged crime. According to Dayanidhi Maran, foreign investments in an Indian company could be made only with the approval of the central government. He claimed the Aircel-Maxis deal was above the board. The former telecom minister claimed that he would fight the case and win. The Central Bureau of Investigation (CBI) has alleged that Dayanidhi Maran used his influence to help Malaysian businessmen T Ananda Krishnan buy Aircel by coercing its owner C Sivasankaran to part with his stake. Sivasankaran alleged that Dayanidhi Maran favoured the Maxis Group in the takeover of his company. He also alleged that the company made investments through Astro Network in a firm stated to be owned by the Maran family. Gulf Times Saturday, April 4, 2015 13 INDIA RELIGION CLASH PEOPLE OBITUARY INVESTIGATION India Muslim population ‘to be largest globally’ 10 injured in violence during procession Khemka meets Haryana governor Veteran sports journalist Pillay dies aged 85 Main accused in Patna blast held A report predicting India would surpass Indonesia in having the world’s largest Muslim population by 2050 was seen as confirming a “demographic shift” in the country, observers said yesterday. “India will retain a Hindu majority but also will have the largest Muslim population of any country in the world, surpassing Indonesia,” the report on the future of world religions by Pew Research Centre said. In 2010 Hindus were the largest religious group in the Asia-Pacific region, but by 2050 the number of Muslims in this region was expected to surpass the number of Hindus, the report said. At least 10 people suffered injuries in Madhya Pradesh’s Neemuch district when some miscreants pelted stones at a religious procession. Police said some people hurled stones at the procession. Soon both sides engaged in fighting, forcing police to lob tear gas shells and baton charge to disperse the clashing crowd. Inspector general of police, Ujjain region, Madhu Kumar said the situation was now under control and some arrests had been made while police were looking for yet more of the absconding miscreants. He also said extra police force had been requisitioned from neighbouring districts as a preventive measure. Senior IAS officer Ashok Khemka yesterday met Haryana Governor Kaptan Singh Solanki, two days after he was abruptly transferred by the state’s BJP government headed by Manohar Lal Khattar. No details were available about what transpired at the meeting. Chief Minister Khattar had on Thursday maintained that Khemka’s transfer was a “routine administrative matter” even as his government drew flak for shunting out the senior bureaucrat under pressure from a powerful lobby of transporters. The state’s outspoken Health and Sports Minister Anil Vij, who came out in support of Khemka earlier, too yesterday said that the transfer was an “administrative matter”. Veteran sports journalist T N Pillay died in Hyderabad yesterday, after prolonged illness. He was 85. Pillay was one of the earliest sports journalists from Hyderabad and was associated with English daily, Deccan Chronicle for nearly 60 years, serving as its sports editor till about five years ago. Pillay, who gave a break to many sports journalists, had also served as correspondent with Times of India and Filmfare. Beginning his career in 1950s, he introduced racing reporting in the city and also played a key role in promotion of sports. He was largely instrumental in formation of Andhra Pradesh women’s cricket association and served as its secretary. The main accused in a high intensity bomb blast in a residential colony in Patna was arrested yesterday from Nalanda district, police said. “Main accused Kundan Kumar was arrested from Ekangarsarai area in Nalanda by a special police team and he will be brought to Patna for interrogation,” a police official said. The explosion on March 30 ripped through a flat in the colony but no casualty was reported. Police also recovered two more bombs from the colony on the same day. Following the arrest of the main suspect, Patna senior superintendent of police Jitendra Rana said the two other accused in the blast would be arrested soon. President approves govt’s land acquisition ordinance Remarks on Sonia slammed IANS New Delhi A day before it was to lapse, the land acquisition ordinance was re-promulgated yesterday with President Pranab Mukherjee giving his assent to it, official sources said. The ordinance, promulgated on December 31 last year to amend the earlier act passed by the UPA government in 2013, was set to lapse today. The re-promulgated ordinance includes the nine amendments with which The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2013 was passed in the Lok Sabha in the budget session’s first half. The union Cabinet recommended the ordinance’s repromulgation on March 31 after the government failed to secure passage for it in the Rajya Sabha where the ruling National Democratic Alliance is in a minority. To enable this, the government has got the Rajya Sabha prorogued. Under constitutional provisions, at least one of the houses has to be prorogued for the government to issue an ordinance. The parliament went on a month-long recess on March 20 and would reconvene on April 20. Mukherjee had, however in January this year, cautioned that the ordinance route should be taken only in “compelling circumstances”. “To meet certain exigencies and under compelling circumstances, the framers of the constitution deemed it necessary to confer limited legislative power upon the executive by way of promulgation of ordinances when the legislature is not in session and circumstances justified immediate legislation,” he had said. The Congress and other parties have mounted a strong attack on the ordinance. Coinciding with the beginning of the budget session, activists and political parties had held a two-day protest at Jantar Mantar against the new bill. Nurses in Yemen forced to weigh debts against danger Reuters Thiruvananthapuram/New Delhi H Congress workers stage a demonstration in Hyderabad yesterday against Union Minister of State for Micro, Small and Medium Enterprises Giriraj Singh’s remark that the Congress accepted Sonia Gandhi as its leader “as she has white skin.” undreds of Indian nurses caught up in Yemen’s civil war face a stark choice between returning home to financial ruin or taking a chance by staying on in more lucrative jobs that allow them to pay off their debts. India is trying to get around 4,000 nationals, more than half of them nurses, out of Yemen, where Houthi fighters have swept into the southern port city of Aden despite an air campaign led by Saudi Arabia to check their advance. The medics’ predicament highlights the dilemma facing Indian health workers, many from poor families who borrow heavily to educate their children and then send them abroad to earn the money back. The debts are sometimes owed to middlemen who charge exorbitant fees to place Indians in jobs abroad, and the government has moved to crack down on the practice by banning foreign recruitment by private companies nationwide. “For now I’m staying,” Indian male nurse Meljo Joy said by telephone from the Al-Naqib Hospital in Aden. The native of Kerala, where most of the Indian nurses in Yemen are from, chose not to board an Indian naval vessel that evacuated 349 people on Tuesday from the city, preferring to take a chance despite the fighting. “In New Delhi, a famous hospital will give a maximum of $400 (a month) as salary,” Joy, 27, said. “But accommodation and food is very expensive. It (Yemen) is good for me, because I get to save and A ssuring the people that his government will live up to their expectations, Prime Minister Narendra Modi yesterday accused the previous Congress-led UPA regime of not having right intentions and causing distress to farmers. Addressing a rally here on the first day of the Bharatiya Janata Party’s national executive meeting, he sought to dismiss opposition’s criticism of the land acquisition bill while listing achievements of his government since it assumed power in May last year. Referring to his own humble origins, Modi said he fully understood the pain of farmers and the poor. Without naming the Congress during his over-hour-long speech, he attacked it repeatedly, while stressing his government was taking quick decisions to ensure faster economic development. Noting sometimes a government’s intentions were more powerful than its policies, he said his government had been facing criticism that it was following the United Progressive Alliance government’s policies, but added the question was of intentions. “Whatever your policy, your intention was not right, ours is. Hence we have gone ahead in the race for development,” he said. Accusing the opposition of spreading falsehoods on the issue of black money, Modi said his government had taken several initiatives to curb black money including forming a special investigation team and bringing a bill in parliament on illegal money stashed abroad. “I have made you a promise to curb corruption. I will fulfil it,” he said, adding there was an atmosphere of despondency during 10 years of UPAs’ rule but now things had taken a positive turn. “It seemed the country had deviated from its direction...At such a juncture, the people of country expressed their faith in Bharatiya Janata Party and gave it a chance to serve them with full majority.” “The faith with which you have posed in our team, we will fulfil it and prove good on every parameter.” Modi said over Rs2tn had already come to the public exchequer due to auction process for coal blocks followed by his government, Noting this was realised from auction of only 20 blocks out of the 204 whose allocation was cancelled by the Supreme Court, he said: “When the others will be auctioned, more money will come” Referring to the controversy faced by UPA in spectrum allocation, he said over Rs1tn had come to the exchequer due to auction of spectrum during his government. On the land bill, Modi said there had been injustice with villages during years of Congress rule and the farmers needed irrigation, roads and uninterrupted power supply. cants, Kochi’s Protector of Emigrants L Adolfus failed to take action, say investigators. Adolfus, contacted by Reuters, denied colluding with Al Zarafa or taking bribes. Al Zarafa’s office in Kochi could not be reached by telephone or e-mail. Nobody was available to speak at its head office in Abu Dhabi. As part of broader efforts by Prime Minister Narendra Modi to improve the pay and conditions of Indian migrant workers, New Delhi has imposed a nationwide ban on foreign recruitment of nurses by private companies. From May, only two state recruitment agencies will be allowed to operate in Kerala, charging modest fees and working through legitimate diplomatic channels to curb bribe-taking in destination countries. “We are planning to conduct the recruitments in a transparent manner, without giving any room for any sort of complaints,” said K C Joseph, Kerala’s minister for non-resident affairs. For A A Joseph, a farmer whose daughter Sini Elizabeth has gone to work in Sanaa, the changes come too late. The family took on debts of Rs250,000 ($4,000) to train Sini and get her a nursing job in Yemen. When she got there, she was paid Rs20,000 a month - half what she was promised. “I don’t know what we will do when Sini returns - the money I make from my farm is not enough to meet our daily expenses,” said Joseph. If his 26-year-old daughter is not working, her marriage dowry would become unaffordable, he added. For now, Sini is stuck in Sanaa, but has reluctantly registered to fly home on an Indian evacuation flight. BJP will rule for next 20 years, says Shah Modi targets Congress, assures farmers help IANS Bengaluru keep my salary in the bank.” Lacking experience to work in a more prestigious location, Joy paid $2,000 to a recruitment agent to land a job in Yemen. He earns $600 a month, gets free accommodation and sends money to his family to pay off a tuition loan. As well as those taken from Aden, India has airlifted 80 people from the capital Sanaa, but it has been unable to send in more flights because Riyadh, which has air supremacy over its southern neighbour, has not opened a safe air corridor. More than 100 nursing institutes in Kerala train thousands of graduates every year, with more studying outside the state, depressing local wages and creating a strong incentive to seek betterpaid work abroad. Monthly wages at hospitals in Kerala start from Rs5,000, rising with experience and seniority to Rs25,000. Fierce competition for jobs abroad, meanwhile, puts nurses at the mercy of recruiters who sometimes demand large upfront fees or renege on promises of more pay and safe contracts. Following a raid this week by tax officials on the office of one agency in Kochi, the Central Bureau of Investigation has opened an investigation into suspected corruption, conspiracy and cheating. A senior CBI officer said the Al Zarafa agency had worked “hand in glove” with a city official whose job was to protect the interests of migrant workers. The agency was hired to recruit 1,200 nurses to work in Kuwait and, investigators say, charged an up-front fee of Rs1.95mn ($31,300) - 100 times the legal amount. Despite complaints by appli- IANS Bengaluru T Prime Minister and Bharatiya Janata Party (BJP) senior leader Narendra Modi gestures as he speaks during a public meeting held by the party in Bengaluru yesterday. he BJP, which stormed to power nationally last year, will rule India for 10-20 years, party president Amit Shah announced here yesterday as the party opened a meeting of its top leaders. “This government has arrived,” Shah said to thunderous applause at the two-day meet, addressing 330 delegates including Prime Minister Narendra Modi. “The BJP will be in power for the next 10-20 years.” Speaking in chaste Hindi, Shah also listed out the achievements of the Bharatiya Janata Party and Modi’s government since May 2014 on various fronts, including economy and foreign policy. He said the BJP-led National Democratic Alliance (NDA) government had brought an end to the policy paralysis of the earlier Congress regime. “We have brought a new political culture.” And after becoming the world’s largest political party, the BJP an- nounced that it would train the over 15 lakh new members while further speeding up its nationwide membership drive. Party leader Prakash Javadekar, who briefed the media about Shah’s comments, said the BJP had become the biggest party in the world with 92.5mn members. “We will cross the 100mn mark soon.” Among those attending the meeting is party patriarch L K Advani. As it was the executive’s first meeting after the BJP got a majority in the Lok Sabha, an upbeat mood marked the inaugural session at a star hotel in the city centre amidst tight security. Javadekar pointed out that besides ruling the world’s largest democracy, the BJP was in power in a dozen states — “including eight states where we are in power on our own and four in alliance with our partners”. In his speech, Shah played down the BJP’s shock defeat in Delhi in February but quickly added the party’s Delhi unit needs to revive itself. 14 Gulf Times Saturday, April 4, 2015 LATIN AMERICA APPOINTMENT OFFBEAT OPINION CLARIFICATION PEOPLE Peru defence minister named premier Identical Brazilian triplets say ‘I do’ together Olympic Park work on schedule: Rio mayor Mexico City denies 007 film killed businesses Pope Francis to visit Colombia Peru’s president named Defence Minister Pedro Cateriano as prime minister, replacing Ana Jara, who was thrown out of office by Congress earlier this week amid allegations of corruption. A survivor of the cabinet shakeup was Alonso Segura, Peru’s marketfriendly economy minister. His task this year is to attract investment to the country’s key mining sector. Cateriano, a 56-yearold lawyer, had been defence minister for almost three years. Known for taking a hardline with the opposition, his becoming prime minister may do little to improve President Ollanta Humala’s already difficult relationship with Peru’s 130-member, unicameral Congress. Guests at a wedding in southern Brazil might have thought they had too much to drink, but they were not seeing triple. There were indeed three identical brides. Triplets Rafaela, Rochele and Tagiane Bini were married on March 21 in the state of Rio Grande do Sul in a joint ceremony, fulfilling their childhood dream of walking down the aisle together. The 29-year-old sisters appeared in the same white mermaid gown, with identical hairstyles and matching veils. The only distinction was the colour of their bouquets. The trio has done everything together since they were young, and dreamed of getting married on the same day. Their father was beaming as he gave them away. Work on the Deodoro Olympic Park in Brazil is on schedule and will not be affected by layoffs at the company building it, Rio de Janeiro mayor Eduardo Paes said. The mayor said the 2016 Olympic host city had put up money for the venue while engineering firm Queiroz Galvao SA waits for a loan from state-run lender Caixa Economica Federal. Queiroz Galvao is one of 29 companies being investigated in a price-fixing and kickback scandal at oil company Petroleo Brasileiro SA that is stalling infrastructure projects. Local media reported that Queiroz Galvao, which leads the consortium building the Olympic Park, had fired 70 workers because of difficulty obtaining the loan. Mexico City’s government has denied that local businesses were hurt when James Bond descended on the capital to film scenes for the next 007 movie in the historic centre. The local small business chamber of commerce, Canacope, complained this week that the closure of streets caused total losses of $24.6mn to some 6,600 shops. But the city government countered that the filming of Spectre between March 19-April 1 had increased the number of visitors to the historic centre by 53%, with hotel occupancy rising 30%. “We can affirm that the event did not affect but improved commercial conditions for businesses in the capital’s centre,” it said in a statement. Pope Francis will visit Colombia, the Vatican said as the pontiff urged Colombians to work for peace as the country conducts talks with Marxist rebels to end 50 years of war. The Pope will add Colombia to an upcoming tour of Latin America, the Vatican said in a letter to the country’s Catholic leadership, without specifying a date. “We will receive (the Pope) with open arms and hearts as a messenger of peace and reconciliation,” President Juan Manuel Santos said. The government is more than two years into peace negotiations with the Farc. “We should not lose energy or hope in the face of this project’s difficulties,” the letter said of peace efforts. Racially abused footballer feels ‘pity’ for offender Fuel storage facility ablaze Brazil fails to stem banned pesticides’ use by farmers IANS Rio de Janeiro C orinthians midfielder Elias said he felt “pity” for the offender after becoming the victim of South American football’s latest racism controversy. The Brazil international was allegedly called a monkey by Cristian Gonzales, an 18-yearold centre-back of Uruguayan club Danubio, during a Copa Libertadores football match in Sao Paulo on Wednesday, which Corinthians won 4-0, reports Xinhua. Television footage showed a visibly affected Elias being restrained by teammates before he denounced the incident to referee Diego Haro, who took no action against Gonzales. Elias, who played in Brazil’s friendly victories over France and Chile in the past week, released an official statement condemning the behaviour. “Before a free-kick was taken, I was called a monkey by Gonzalez,” Elias said. “After we scored and during the celebration he repeated the insult, this time with gestures imitating a monkey.” “It’s lamentable that episodes such as this still happen. It disgusts me even more that it happened in my country, in my home.” “He (Gonzalez) is still very young and I hope that in time, when he matures, he will realise that racism is repugnant. Now that my head has cleared, I don’t feel anger, only pity,” he added. The 29-year-old’s teammates Cassio and Emerson called for Gonzalez to be given a lengthy ban. “I hope action is taken and that the player is punished,” Cassio said. “If not, this type of thing will continue. Punishments need to be heavier. The federation needs to punish the player and the club. It (racism) has gone too far. There are no more arguments to defend it.” Reuters Limoeiro do Norte, Brazil T Smoke rises from a fire at a fuel storage facility run by Ultracargo in Santos, near Sao Paulo. Eighty firefighters were rushed to the facility run by Ultracargo near Brazil’s port of Santos, Latin America’s largest, the local fire service said. The company said there had been no victims from the fire and it was too early to say what had caused it. The port of Santos said it had moved five ships docked at a nearby terminal due to the blaze. Falklands War files to be declassified AFP Buenos Aires A rgentine President Cristina Kirchner said she has ordered the declassification of all secret documents on the 1982 Falklands War with Britain. Speaking on the 33rd anniversary of Argentina’s invasion of the disputed South Atlantic islands, which it calls the Malvinas, Kirchner said the defence ministry had 30 days to make all files on the conflict public. She also used the anniversary - commemorated in Argentina as the Day of the Veterans and Fallen of the Malvinas Islands War - to criticise Britain’s recent announcement that it will beef up its defences in the islands. Kirchner said Argentina was determined to gain sovereignty over the islands, but through peaceful means. “International law and dialogue, not militarisation, are the path to a reunion and sovereign- ty,” she said at a ceremony in the city of Ushuaia, at the southern tip of South America. “We will see the islands form part of our territory again. It’s not just wishful thinking,” she told an audience that included war veterans in dress uniform. “We will see the islands form part of our territory again. It’s not just wishful thinking” British Defence Secretary Michael Fallon last week announced plans to spend £180mn over 10 years to counter “continuous intimidation” from Argentina in the Falklands. Kirchner’s government condemned the measure as “provocation.” Argentina claims it inherited the remote, wind-swept islands from Spain when it gained independence. Britain argues it has historically ruled the islands and that the islanders should have the right to self-determination. In a 2013 referendum, 99.8% voted to remain a British overseas territory. The dispute has flared again in recent years since the discovery of significant oil deposits off the islands. The 74-day Falklands War claimed the lives of 649 Argentine soldiers, 255 British soldiers and three islanders. The remains of 123 Argentines killed in the war have never been identified. In 2012, Kirchner asked the International Committee of the Red Cross to mediate with the British government so DNA samples could be taken from the bodies, which are buried on the island in graves marked “Argentine soldier known only to God.” Argentina’s secretary for the Malvinas, Daniel Filmus, said officials had finished taking DNA from the soldiers’ relatives for comparison. he farmers of Brazil have become the world’s top exporters of sugar, orange juice, coffee, beef, poultry and soybeans. They’ve also earned a more dubious distinction: In 2012, Brazil passed the US as the largest buyer of pesticides. This rapid growth has made Brazil an enticing market for pesticides banned or phased out in richer nations because of health or environmental risks. At least four major pesticide makers - US-based FMC Corporation, Denmark’s Cheminova A/S, Helm AG of Germany and Swiss agribusiness giant Syngenta AG - sell products here that are no longer allowed in their domestic markets, a Reuters review of registered pesticides found. Among the compounds widely sold in Brazil: paraquat, which was branded as “highly poisonous” by US regulators. Both Syngenta and Helm are licensed to sell it here. Brazilian regulators warn that the government hasn’t been able to ensure the safe use of agrotoxicos, as herbicides, insecticides and fungicides are known in Portuguese. In 2013, a crop duster sprayed insecticide on a school in central Brazil. The incident, which put more than 30 schoolchildren and teachers in the hospital, is still being investigated. “We can’t keep up,” says Ana Maria Vekic, chief of toxicology at Anvisa, the federal agency in charge of evaluating pesticide health risks. Record bid FMC, Cheminova and Syngenta said the products they sell are safe if used properly. A ban in one country doesn’t necessarily mean a pesticide should be prohibited everywhere, they argue, because each market has different needs based on its crops, pests, illnesses and climate. Helm, based in Hamburg, didn’t respond to requests for comment. “You can’t compare Brazil to a temperate climate,” says Eduardo Daher, executive director of Andef, a Brazilian pesticide trade association. “We have more blights, more insects, more harvests.” Public-health specialists here reject that argument. “So what if the needs of crops or soils in Brazil are different?” says Victor Pelaez, a food engineer and economist at the Federal University of Paraná, in southern Brazil. “What’s toxic in one place is toxic everywhere, including Brazil.” Screenings by regulators show much of the food grown and sold in Brazil violates national regulations. Last year, Anvisa completed its latest analysis of pesticide residue in foods across Brazil. Of 1,665 samples collected, ranging from rice to apples to peppers, 29% showed residues that either exceeded allowed levels or contained unapproved pesticides. Since 2007, when Brazil’s health ministry began keeping current records, the number of reported cases of human intoxication by pesticides has more than doubled, from 2,178 that year to 4,537 in 2013. The annual number of deaths linked to pesticide poisoning climbed from 132 Britain spied on Argentina: Snowden AFP Buenos Aires D People walk past a 2,300 metre-long carpet made out of flowers and coloured sawdust by Guatemala City municipal employees and volunteers in an attempt to set a new Guinness World record. The previous record stands at 2,012 metres. to 206. Public health specialists say the actual figures are higher because tracking is incomplete. The pressures are clear here in Limoeiro do Norte, a town in the arid northeastern state of Ceara. The state used to be anything but a breadbasket. But since the 1990s, Brazil has built a system of irrigation canals in the area, and farming has flourished. So, too, has pesticide use. In November, a federal court upheld a ruling that forces Fresh Del Monte Produce, the global fruit giant, to indemnify the widow of a worker whose liver failed after repeated handling of pesticides. In Limoeiro do Norte, a state court is weighing charges against a landowner accused by police of ordering the murder of an anti-pesticide activist. “This is a giant laboratory for the worst of industrial-scale agriculture,” says Raquel Rigotto, a physician and sociologist at the Federal University of Ceara in Fortaleza, the state capital. Rigotto says her research team has found traces of many pesticides in water taps in the area, and a higher rate of cancer deaths there than in towns nearby with little farming. The world has much riding on Brazil’s food boom. The population is expected to rise nearly 30% over the next three decades, leaving 2bn more mouths to feed. Brazil’s booming agricultural sector will be a critical source of nourishment. But with its equatorial sunlight, steady temperatures and year-round harvests, Brazil is also a fertile place for insects, fungi and weeds. To keep them at bay, farmers are applying more and more pesticides. ocuments leaked by fugitive US intelligence analyst Edward Snowden show Britain spied on Argentina to monitor its efforts to win sovereignty over the Falkland Islands, Argentine media said yesterday. Britain, which defeated Argentina in a brief, bloody war over the South Atlantic islands in 1982, carried out “covert interception and intervention operations and other manoeuvre” on Argentina from 2008 to 2011, reported news portal TN, citing documents obtained from Snowden. The website said the Joint Threat Research Intelligence Group, a British agency, carried out a “long-term, far-reaching” espionage programme dubbed Operation Quito that included attempts to spy on military and political leaders’ communications and spreading pro-British propaganda online. “The new, never-before-seen documents expose how (Britain’s) most secret task forces used a dirty game and systematic disinformation to launch their cyber-offensive,” said the website. “The objective: to prevent Argentina from getting back the islands.” Snowden, a former contractor at the US National Security Agency, has lived in exile in Russia since 2013 after revealing mass spying programmes by the US and its allies. Tension over the Falklands, which Argentina calls the Malvinas, have been on the rise again since British Defence Secretary Michael Fallon last week announced plans to spend £180mn over 10 years to counter “continuous intimidation” from Argentina. Argentine President Cristina Kirchner said on Thursday at commemorations to mark the 33rd anniversary of the invasion that Buenos Aires “is not a danger to anyone,” dismissing London’s move to beef up defences as political posturing ahead of Britain’s general elections on May 7. Argentina claims it inherited the remote, wind-swept islands from Spain when it gained independence. Gulf Times Saturday, April 4, 2015 15 PAKISTAN/AFGHANISTAN UNREST CRACKDOWN TRIAL REVENGE ORDER Afghan family of seven killed in roadside bombing Six militants killed in military operation Punjab province sends six cases to military courts Tax office receives trolley of garbage over dues tussle PM directs for early closure of shops, markets Seven members of one family were killed yesterday when their car struck a roadside bomb in eastern Afghanistan, an official said. Four children, one woman and two men were killed when the car they were travelling in hit the bomb in Logar province, provincial spokesman Din Mohammad Darwish said. There have been no claims of responsibility but using roadside bombs is a frequent Taliban tactic to target security forces. Security in Afghanistan has worsened ahead of the Taliban’s regular spring offensive. In the northeastern province of Kapisa, two members of a family were killed and four others wounded in a shooting. Unknown gunmen broke into a house in Mahmoud Raqi city and opened fire at the family. At least six militants were killed and several injured when Pakistani security forces launched an operation in Balochistan province yesterday afternoon. The dead included two suicide bombers who blew themselves up when the troops surrounded them. During the operation at Loralai in Balochistan, the militants opened fire at the troops and six insurgents were killed, Dawn online reported citing Frontier Corps spokesperson Khan Wasey. Wasey said the troops recovered explosive material including detonators and suicide jackets from the hideout of the killed militants. The latest figures on operations being carried out by civilian and military agencies across Pakistan reveal that 10,616 people have been arrested on various charges since the launch of the National Action Plan. Pakistan’s eastern Punjab province has transferred six of the selected seven terrorism cases to the military courts for trial after a formal approval by the federal government, reliable sources said yesterday. The provincial government had selected the seven cases for military courts and sent them to the interior ministry for approval by the end of February. Prominent among them is the Sri Lanka cricket team attack case. The government had initially underlined 46 or so terrorism cases pending decision in the provincial anti-terrorism courts (ATCs) for trial in the military courts last month. But except for the seven almost all were decided by the ATCs or discarded by the provincial apex committee headed by the chief minister. A local government department in Larkana district of Sindh province hit back at Pakistan’s Federal Board of Revenue’s tax demand of Rs20mn ($200,00) by bringing a tractor trolley full of garbage and dumping the waste at the main entrance of the income tax office. The tax department had asked the Taluka municipal administration (TMA) to pay Rs19.9mn in taxes and duty. The documents show that the TMA has made payment of more than Rs500mn under different heads, without deducting tax at source and no record for the payment was provided to the tax officials. Under the recovery drive ordered by the FBR, the tax department collected Rs13mn from the TMA, while Rs6.5mn are yet to be recovered. Pakistani Prime Minister Nawaz Sharif yesterday directed the authorities concerned to take steps to get shops and markets closed earlier as he expressed the resolve that the government would add around 10,000MW electricity to the national grid during its tenure. He said the government was taking all the steps necessary to meet the energy shortages in the country during its tenure. While chairing a high-level meeting on the energy situation, he said the government expected to add around 10,000MW of electricity to the national grid during its tenure and would generate power through solar, wind, hydro, nuclear as well as through LNG. Pakistan is currently facing a shortfall of around 5,0006,000MW of electricity, which is expected to rise. 176 Pakistan citizens evacuated from Yemen AFP Islamabad P akistan evacuated nearly 200 of its citizens from war-torn Yemen yesterday as Prime Minister Nawaz Sharif discussed the crisis with his counterpart in Turkey. There were tears and relieved smiles at Islamabad’s Benazir Bhutto International Airport as the specially chartered Pakistan International Airlines plane arrived with the 176 evacuees. Pakistan has yet to decide whether to accept Riyadh’s request for it to join the Saudiled coalition fighting back Shia Houthi rebels trying to take over Yemen. More than 500 Pakistanis were evacuated on Sunday and the latest batch arrived from Djibouti, where they had been taken by sea from Yemen by the Chinese navy. “I live right next to the airport and even I got some bullets through my window about two weeks ago, so since then, I moved out,” a mother-of-four said. “The main thing is I didn’t want my children to suffer from the trauma of what was going on around us.” Pakistan’s Civil Aviation Authority said 50 of the 176 would travel on to Karachi. Defence Minster Khawaja Asif told reporters there were between 200 and 250 Pakistanis still stranded in Yemen and the government was trying to get them home within the next two days. Pakistan’s parliament will meet on Monday to debate whether to join the military coalition led by close ally Saudi Arabia. Islamabad says it is ready to defend Saudi territorial integrity but does not want to inflame sectarian divides. Speaking in Turkey after talks with his counterpart Ahmet Davutoglu, Sharif urged parties to the conflict to try to find a peaceful resolution. The countries taking part in the Yemen offensive are largely Sunni Muslim and the intervention has been strongly criticised by Iran, the leading Shia power. As well as having a 20% Shia population, Pakistan also shares a border with Iran. Meanwhile, around 175 Pakistanis are still awaiting evacu- ation from Yemen’s port city of Mokallah. A Pakistan navy ship reached Mokallah port on Thursday, but the evacuation was delayed because of skirmishes which erupted around the port city following Wednesday night’s jailbreak by Al Qaeda, in which some 300 inmates were freed. Another group of 145 Pakistanis, Pakistani Prime Minister Nawaz Sharif speaking at a press conference at the Turkish Prime Minister’s office at Cankaya Palace yesterday in Ankara. Sharif stands by S Arabia Reuters Ankara P Pakistani citizens evacuated from Yemen greet relatives as they leave Benazir International Airport in Islamabad yesterday. Fresh cyber bill tough on individuals, but soft on crimes Internews Islamabad P akistan government’s latest bill aimed at regulating Internet usage is tougher, curbs civil liberties and focuses more on moral aspects of its use than cybercrime itself. At least this is how most information technology experts describe the new Prevention of Electronic Crimes Bill 2015, which was sent to the National Assembly standing committee on IT and Telecom yesterday. While Internet Service Providers Association convener Wahajus Siraj described the bill as “draconian”, Pakistan Software Houses Association board member Afaque Ahmad termed it “wrong and senseless”. “In its current form, the bill is a disaster. It was not made by an expert draftsman with adequate knowledge of the nuances of language, a comprehension of technicalities and technologies, someone who unwilling to move to other cities for evacuation, is still in Yemen’s capital Sanaa. However, authorities are planning to send a special flight to airlift them from Sanaa. Around 3,000 Pakistanis lived in Yemen, with some 1,000 trying to leave the country, after Saudi Arabia and its Gulf allies launched airstrikes against the Houthi militia. understands international laws. This is a hard combination to find,” Ahmad said. Ahmad spent three years drafting what he calls “the original bill” alongside a group of IT experts and lawyers. He said that the government had side-lined all the relevant stakeholders from the process of drafting the law. “Our version of the bill curtailed the abusive powers of agencies such as the Federal Investigation Agency (FIA). We insisted that authorities get permits before making arrests. We had also tried to make sure that innocent people were not thrown in jail,” he said, explaining that the bill in its current form did not protect the rights of citizens. “Our version of the bill emphasised the rights of defendants and the qualifications of judges who would adjudicate on cybercrime cases,” said Afaque Ahmad. Another IT expert explained how the Prevention of Electronic Crimes Bill 2015 had serious issues with regards to definitions and technical language. “There is a difference between ‘a warrant is required’ and ‘a warrant may be required’. Civil safeguards have been removed by parliamentarians who do not understand the technicalities of the subject,” he said. However, State Minister for Information Technology Anusha Rahman explained that the Prevention of Electronic Crimes Bill 2015 had been sent to the National Assembly standing committee with proposed amendments after being extensively scrutinised by a special review committee. The minister explained that the special review committee was constituted on the direction of the National Assembly standing committee on IT and Telecom and consisted of technical and legal experts as well as MNAs. She said the committee had analysed the bill clause by clause in order to make it more compatible with the National Action Plan (NAP) to counter terrorism and extremism. “It is imperative that the bill caters to the growing needs and challenges related to the Internet,” said Rahman, describing the process as “a gigantic task” that involved lengthy discussions and multiple review meetings. Talking about some of the bill’s salient features, a senior MoIT official said the bill was drafted in line with the current legal system to minimise chances of failure in prosecution. “One of the major challenges was establishing special courts to fight cyber-crime. But that would be a time-consuming process. We have to deal with the problem urgently under NAP, hence it was decided that session’s judges would be trained in the subject, enhancing their capacity and making them smarter than the person committing the crime,” the official said. akistan is concerned by the overthrow of Yemen’s government and will stand by Saudi Arabia as it leads a campaign against Houthi rebels there, Prime Minister Nawaz Sharif said yesterday. Sharif called on Thursday for a joint session of Pakistan’s parliament to consider whether to join the Saudi-led military coalition, which has launched days of air strikes to try to stem the advance of the Iran-allied Houthi fighters. “We are concerned at the overthrow of the legitimate government in Yemen by use of force by non-state actors,” Sharif told a news conference in the Turkish capital Ankara, where he is on an official visit. “We have agreed to extend all possible support in the defence of Saudi Arabia’s sovereignty and territorial integrity,” he said. Largely Sunni Muslim Pakistan is a regional ally of Saudi Arabia. Pakistan also shares a long border with Iran, considered to be the centre of Shia power and Saudi Arabia’s main regional rival. The Houthis and their allies seized a central district of the southern city of Aden on Thursday, the last major holdout of fighters loyal to Saudi-backed President Abd-Rabbu Mansour Hadi. They took over the capital Sanaa six months ago. Health reforms: Serious patients assured beds in teaching hospitals Internews Peshawar T he Khyber Pakhtunkhwa province health department is taking measures to ensure that seriously ill or injured patients get beds on priority at the teaching hospitals as part of its reform programme in health sector, official sources say. The step is part of the implementation of the Health Reforms Act 2015 under which the government has granted financial and administrative autonomy to the four teaching hospitals Khyber Teaching Hospital, Lady Reading Hospital, Hayatabad Medical Complex in Peshawar and Ayub Teaching Hospital, Abbottabad to make optimal use of the resources for the benefit of patients. Under the law, the government has appointed hospital and medical directors in the designated hospitals while process is underway to put in place a 10-member board of governors after which the hospitals would see drastic changes. One such major change is the appointment of beds’ managers in the hospitals who would be responsible for allotment of beds to the patients on need basis. The sources requesting anonymity said that currently most of the patients visiting private clinics of the senior consultants were referred by them to the public sector hospitals to get hospitalised due to which the poor and seriously ill patients were deprived of a chance to get beds. Poppy cultivation Farmers work in a poppy field on the outskirts of Jalalabad in Nangarhar province yesterday. The Afghan opium cultivation has once again hit a record high, according to the UN Office on Drugs and Crime. 16 Gulf Times Saturday, April 4, 2015 PHILIPPINES Philippines on alert ahead of typhoon Agencies Manila DPA Manila F ive people drowned when an overloaded passenger boat capsized in the southern Philippines, a military spokesman said yesterday. The wooden vessel was carrying around 50 people, along with hundreds of bags of cement and iron bars, when it left the port of Jolo on the way to the southern city of Zamboanga on Thursday, Lieutenant Colonel Harold Cabunoc said. The accident occurred between two islands off Sulu province, 1,000km south of Manila. Emergency workers rescued 14 people, including seven children, while five bodies were retrieved, said Cabunoc. The Coast Guard said passing fishing boats also rescued P hilippine authorities yesterday prepared to evacuate thousands of people ahead of possible tidal surges, flash floods and landslides from an incoming typhoon. Typhoon Maysak had weakened over the last two days, but was still packing maximum sustained winds of 150km per hour and gusts of up to 185kph as it neared the country’s eastern coast, the weather bureau said. “Local government units and police are prepared to enforce pre-emptive or forced evacuations if necessary to ensure the safety of everyone,” said Interior Undersecretary Austere Panadero. “We encourage the public to heed the orders of the authorities,” he added. Maysak is expected to start bringing rain and strong winds by today and make landfall over the coast of the northern provinces of Aurora and Isabela tomorrow, the weather bureau said. Authorities also told tourists to head home or bunker down before the typhoon hits. About 10,000 foreign and Filipino tourists have gone to Baler Bay in Aurora, a popular spot for surfers, since the holiday began on Thursday, officials said. Baler town, about 150km northeast of the capital, Manila, has a population of about 36,000. “Tomorrow we will impose a preemptive evacuation to escape from the typhoon,” said Elson Egargue, head engineer of the Aurora disaster council. He said more than 50 schools and gymnasiums in Aurora were ready to take displaced people. People in Baler would be told not to swim after and fishing boats had already been stopped from going to sea, Egargue said in a radio interview. Five people dead as boat capsizes Typhoon Maysak seen strengthening into a category 5 hurricane. Resort owners in Baler warned their guests about the approaching storm, with some tourists planning to leave the beaches early, radio reports said. Authorities said an estimated 10,000 tourists were believed to be staying in hotels and resorts along the eastern coasts of Aurora and Isabela. Local authorities ordered hotels and resorts to tell their guests to start leaving or moving to safer areas. “A reminder to all inns and accommodations to tell their guests that they should be on their way home by Friday and should no longer be in town by Saturday,” Mayor Nelianto Bihasa said in order. “If the visitors do not leave today, we will conduct pre- emptive evacuation if they are in a low-lying or coastal area,” he added. “If they still refuse, we will implement forced evacuation.” In the adjacent province of Isabela, authorities have identified evacuation centres for residents of four coastal towns that could be at high risk from the typhoon, said Governor Faustino Dy III. “The wind is picking up but the sun is still out,” he said. “But we have prepared and emergency workers and relief goods have been pre-positioned.” Dy noted that the Sierra Madre mountain range running across the provinces of Isabela and Aurora would hopefully break the typhoon’s strength. “We can expect possible flash floods over low-lying areas and landslides over mountain slopes along the path of the typhoon,” chief weather forecaster Esperanza Cayanan said. “Rough to very rough sea conditions will also prevail over the eastern seaboard of the northern region of Luzon, hence dangerous to all sea vessels,” she added. A top-rated category 5 typhoon earlier this week, Maysak has weakened to category 2 with winds gusting up to 185km per hour (115 mph), the weather bureau said. Maysak was about 700km (435 miles) northeast of Virac on Catanduanes island yesterday. It was moving slowly northwest and would weaken further into a tropical storm by the time it makes landfall on Sunday, the weather bureau said. “This typhoon can still be destructive ... Even at 120 to 150 kph, it can still bring destructive winds,” Raymund Liboro, assistant secretary of the Science and Technology department, told a briefing. He said winds would be strong enough to uproot trees, blow some roofs off houses, and topple electric posts. The typhoon could damage rice and corn crops in central and northern Philippines, but damage is likely to be minimal because the major rice harvest was finished around February. About 20 major typhoons pass through the Philippines yearly. Almost 8,000 people were killed or missing after Haiyan, a category 5 typhoon, struck central provinces in 2013. an undetermined number of people from the capsized vessel, which was unregistered and did not pass through inspection. “There is no way to check how many more are missing because we have no records of the total number of people on board,” said Coast Guard spokesman William Arquero. “There is no way to check how many more are missing because we have no records of the total number of people on board” Sea travel is a key mode of transportation in the Philippines, an archipelago of more than 7,000 islands. The country was the site of the world’s worst peacetime maritime disaster when a ferry collided with an oil tanker days before Christmas in 1987, killing more than 4,300 people. De Lima, Pena told to explain TRO defiance Manila Times Manila T he 6th Division of the Court of Appeals has ordered Justice Secretary Leila de Lima and Makati City Vice-Mayor Romulo Pena to explain within three days why they should not be cited for contempt for stopping the implementation of an injunction it issued against the suspension of Mayor Jejomar Erwin “Junjun” Binay Jr. De Lima and Pena were among the principal respond- ents in the indirect contempt charges filed against Ombudsman Conchita Carpio-Morales and Interior Secretary Manuel Roxas 2nd for not honoring the May 16 temporary restraining order (TRO). Associate Justice Jose Reyes, chairman of the 6th Division, said Pena was included when he took over as acting mayor of Makati after the suspension order was served on Binay by the Department of Interior and Local Government. The Binay camp said Pena’s act was tantamount to defiance of the TRO. Philippines observes Good Friday AFP Manila P eople in the fervently Catholic Philippines marked Good Friday, in acts of devotion that attracted thousands of spectators. The annual ritual in scorching hot farmlands just outside of Manila is one of many colourful outpourings of faith in the Southeast Asian nation, where 80% of its 100mn people are Catholics. San Fernando Archbishop Florentino Lavarias has discour- A Good Friday procession in Manila yesterday. aged extreme acts of devotion, saying there are other ways to profess one’s faith. “Our acts should be geared toward good works. Christian life is not something that is done overnight,” he counselled. San Fernando Mayor Edwin Santiago openly conceded that the religious ritual has vast economic benefits for the community. “We don’t have the exact record of the money... but for sure the Good Friday activities help our locals in their businesses,” he said. This year’s spectacle attracted a crowd of 60,000, roughly the same number last year, San Fernando Councillor Harvey Quiwa told AFP. While organisers tried to keep the event solemn, the general mood appeared more festive with dozens of hawker stalls selling food and souvenirs, giant streamers of mobile phone companies set up in various places and crowds taking photos with their smartphone and tablet cameras. Foreign tourists flocked to view the spectacle. Waldemar Traczyk, 50, a his- tory professor from Poland, said he saved up for seven years so he and his wife could fly to the Philippines to witness Friday’s events. The Philippines is known around the world for its fervent brand of Catholicism, which was introduced by Spanish colonisers in the 1500s. An annual procession in downtown Manila drew 5.5mn barefoot devotees last January, authorities said. A mass by Pope Francis in the capital’s main outdoor park a week later drew a record crowd of 6mn people. Mindanao’s returnees get help with kelp in the Philippines Agencies Zambonga City F or most of his life, Faizal Pasaki’s existence has been closely tied to the seas. He begins his day at dawn, trailing his boat through the calm water into a field of empty plastic bottles bobbing on the surface, holding up ropes to harvest seaweed. Until recently, indigenous groups of Muslim tribes like the Tausug and Sama Dilaut have been living in stilt houses and farming seaweed along the shores of idyllic island villages like Leha-Leha and Layag-Layag in Mindanao in the southern Philippines. This tradition was shattered when clashes broke out between armed groups and government forces in Zamboanga in September 2013. Some 120,000 people were displaced from 11 coastal barangays. Many ended up in evacuation centres and camps, unsure if they would be allowed to return home or to resume their traditional livelihoods. After many months of living in squalid conditions in these camps, some 370 displaced people, among them vulnerable women and children, have returned to the island villages since last December. “It’s good to be back here,” said Faizal Pasaki, a seaweed farmer trying to rebuild his life back in Leha-Leha. He is looking forward to ending his family’s dependency on food provided by the local government. “We have our livelihood here,” he said. “Life is here. We cannot continue to survive on canned sardines and instant noodles.” UNHCR’s head of Mindanao operations, Peter Deck, added: “All throughout their lives, seaweed farming has been their source of income. This is their traditional livelihood and it is through this that they can provide for their families.” Recognising this, UNHCR is supporting a livelihoods project to build concrete platforms on stilts that will allow farmers to dry their seaweed under the sun. Members of the community are helping with the construction. Today, for example, Faizal is pouring cement into hollow wooden columns. Others fasten bamboo panels together for the flooring. It is a worthy investment: A kilo of fresh seaweed can sell for 4 pesos (less than 10 cents) while the same weight in dried seaweed can fetch nearly nine times more in income. In Leha-Leha an air of normality is returning as people get back on their feet – children are going back to school, the women are at home tying bundles of seaweed for planting while the men are out at sea collecting seaweed. But Faizal is concerned over the temporary nature of their return. For reasons of security and environmental hazards, the local government has announced a policy to designate island villages as “no return” zones. Whether this policy will be lifted is still unclear. Authorities said a geo-hazard mapping must be carried out first to establish that the areas are really hazardprone and not fit for habitation. The Philippine Commission on Human Rights is monitoring these issues that affect the rights of the displaced families. “We are people of the sea,” said Faizal. “There’s no other place we would rather be. Put us in another place and we would still find ourselves back here.” Presently there are over 30,000 internally displaced people in Zamboanga city awaiting return or relocation to permanent shelters. The authorities target completing construction of these permanent shelters by June this year. Alongside other UN agencies and the rest of the humanitarian community, UNHCR welcomes solutions planned by the local authorities. “Any durable solution implemented must recognize the IDPs’ right to freedom of movement and respect the right to return to their places of origin” said Deck. “Where return is not feasible, voluntary relocation must be considered and cultural sensitivity must be observed for this vulnerable group of indigenous people.” Whether they opt for return or relocation, it will likely be a long road to recovery for Zamboanga’s displaced. A woman processes seaweed before placing it on a solar dryer in Leha-Leha village, part of a UNHCR project to help returnees in Zamboanga’s island villages restore their traditional livelihood. Gulf Times Saturday, April 4, 2015 17 SRI LANKA/BANGLADESH/NEPAL Lanka steps up scrutiny of 28 Chinese projects Reuters Colombo S ri Lanka ordered a review of 35 investment projects yesterday, most of them awarded to Chinese firms by the previous administration, suggesting ties remain fragile despite Beijing’s attempts to assuage concerns. China has pledged $1bn in new grant money to Sri Lanka to address complaints that its investment was aimed at furthering its own strategic interests rather than Colombo’s. The main dispute is over a port city project in Colombo that the government has suspended pending a review of approvals. But other road and port projects have come under scrutiny since the President Maithripala Sirisena took office in January. A cabinet note seen by Reuters said the government had compiled a list of 35 projects which had been awarded without competitive bidding on the grounds that they were of critical importance to rebuilding after the island’s civil war. A government minister said 28 of the listed projects were Chinese-funded. “The cabinet sub-committee on economic affairs has appointed an official committee to review these proposals and submit a report,” the note said. India, which has long had close ties with Sri Lanka, has been unable to match Beijing’s financial and technical assistance. Sri Lanka’s cabinet decided yesterday that all future projects will be awarded on the basis of open tenders, spokesman Rajitha Senaratne said. Chinese companies building a road in a Colombo suburb have also agreed to cut the cost of the $520mn project by Rs30bn ($225.73mn), said Senaratnehe. China has poured millions of dollars into Sri Lanka’s infrastructure since the end of a 26-year civil war in 2009, when Colombo was largely shunned by Western investors because of its human rights record. President Maithripala Sirisena travelled to China just weeks after his government halted a $1.4bn port city project that had been inaugurated by Chinese President Xi Jinping during a visit in September. He cited a lack of government approvals. The move has strained ties with Beijing, which says the port project is in line with local laws and has warned that any cancellation would deter foreign investors. Senaratne said the Chinese delegation offered the new grants without any conditions on the fate of the port city project. Under the port city plan, 108 hectares of land next to the main commercial port of Colombo would be taken over by China Communications Construction, including 20 hectares on an outright basis and the rest on a 99-year lease. India has raised security concerns over the Chinese land ownership as it uses the Colombo port for most of its transshipment. Those concerns were aggravated by the docking of Chinese submarines in Colombo last year. Senaratne said Xi told Sirisena during the visit that if any issues arise related to the region, China is willing to discuss them trilaterally with both Sri Lanka and India. Haisna vows to complete trials of war criminals By Mizan Rahman Dhaka B randing Khaleda Zia as the ‘queen of destruction’ Prime Minister Sheikh Hasina has said that the BNP chairperson’s dream of assuming power would never come true as the people of Bangladesh are now on the track of sure prosperity towards becoming a middle income nation by 2021. “We create and she ruins” said the prime minister when she referred to the dream of Khaleda Zia, who wants to go to power on the dead bodies of innocent people with a failed attempt to involve the people in her so-called movement. Hasina, also the Leader of the House, said this while delivering her valedictory speech in the parliament as the fifth session of the parliament was prorogued. “We want to let the people live in prosperity and with peace as the country is now moving forward to its coveted goal,” she said expressing her firm commitment to stand beside the people in building Bangladesh as a middle income country by 2021 and a developed one by 2041. Hasina said the 10th parliament, held on January 5, was constituted by overcoming various odds and obstacles created by the BNP-Jamaat alliance. The people didn’t support them to foil democracy, she said. The 10th parliament is somewhat better in terms of its good democratic practice, she said, adding that the opposition, unlike in the ninth parliament, is now discharging its constructive responsibilities in the House. “In the ninth parliament, the opposition never played a constructive role in the parliament as the Leader of the Opposition at that time did not give any importance to the House,” she said. Hasina appreciated the role of the opposition in the 10th parliament saying, now the people do not hear filthy language and badmouthing from members of parliament. The prime minister said the ultimate goal of her government is to ensure welfare of the nation. All members of parliament should perform with responsibility in this regard, she said. Hailing the president for his well-thought out inaugural speech delivered in the first session, the prime minister said his speech had truly reflected the real picture of the socio-economic development of the country. “The president in his speech perfectly articulated the country’s development and Bangladesh’s emergence Indian foreign secretary S Jaishankar meets Nepal Prime Minister Sushil Koirala in Kathmandu yesterday. Bangladesh PM Sheikh Hasina as a role model of development in the world,” she said. In her more than one hour speech, Prime Minister Hasina criticised a section of the people under the banner of ‘Shata Nagorik Committee’ saying, how the conscious people can support the petrol bomb attacks and killing innocent people in the name of movement. She also expressed her firm commitment to complete the trial of the war criminals saying, the trial would continue to free the nation from the decades old stigma. She said no country like Bangladesh allowed anti-liberation force in the politics. Trial of the war criminals must be completed to deliver justice to the relatives of the martyrs of independence as well as materialising the aspiration of the people believing in the spirit of War of Liberation, she said. She said Bangladesh is struggling to be free from hunger and poverty even after 45 years of the independence. Anti-liberation force killed Bangabandhu and four national leaders as they retrieved the country from the ruin of war in a very short period and was moving forward in a quick pace to prosperity. She blamed former president Ziaur Rahman for rehabilitation of the anti-liberation force in politics saying, Zia brought many war criminals to the country from abroad and freed the criminals who were in jail for their crimes against humanity in 1971. Pointing out the High Court order declaring the regime of Zia as illegal, the prime minister said the verdict is a big lesson for those who like to play a game with the democratic rights of the people. Hasina said Bangladesh came to existence at the cost of huge sacrifice to realise some basic expectations. Her government is making relentless efforts to fulfill those expectations, she said. She said the poverty rate declined to 24% during the period of her government in office since 2009. Now there is no crisis of food in the country, she said adding her government aimed for further reducing the poverty to 10% during the remaining period of the present tenure. Nepal leaders urged to seek consensus on constitution IANS Kathmandu I ndian foreign secretary S Jaishankar yesterday wrapped up his two-day official visit to Nepal conveying a common political message from New Delhi to the leaders of the Himalayan nation that they must draft their new constitution on the basis of broader consensus and compromise. Jaishankar met President Ram Baran Yadav, Prime Minister Sushil Koirala, Constituent Assembly chairman Subash Chandra Nembang, chairman of the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) K P Oli, United Communist Party of NepalMaoist (UCPN-M) chairman Pushpa Kamal Dahal and leaders of an alliance of Madeshbased parties. Law to ban hate speech The Indian foreign secretary conveyed two key messages from New Delhi to Nepal’s political leadership - that they must seek broader political consensus on the constitutiondrafting process and that federalism was an internal matter of Nepal and India has no say in it. “I conveyed to them that India is committed to working with the people of Nepal for a democratic, stable, peaceful and prosperous Nepal,” the Indian foreign secretary said in his departure statement, adding that India’s relations with Nepal are, and will continue to be, a matter of the highest priority. In separate meetings with top political leaders on Thursday and yesterday, Jaishankar highlighted the importance of consensus in the statute writing process and urged the leaders to finalise the new constitution as soon as possible. According to a statement issued by the Prime Minister Office, Koirala, during his meeting with Jaishankar, appreciated Indian’s ‘Neighbourhood First Policy’ in its foreign policy architecture and hailed the recent initiatives by the two nations in strengthening bilateral ties. Koirala also assured the Indian diplomat that Nepal would vote for India’s bid for a permanent seat in the UN Security Council. According to the statement, Jaishankar stressed for better connectivity among the Saarc member states including energy co-operation and conveyed best wishes to Koirala in advance for promulgation of the new constitution. Promulgation of the new constitution is the key agenda for Nepal but the political parties have already missed the January 22 deadline to do so. Due to irreconcilable differ- ences among the top parties, an understanding could not be reached on finalising the constitution despite two successive constituent assemblies working on the issue. According to Maoist leader Narayan Kaji Shrestha, Jaishankar told the party leaders that India wished for early promulgation of the constitution in Nepal. “There are precedents elsewhere in the world that the constitution is written on the basis of broader consensus and compromise. We also encourage the same in Nepal that will direct the political competition in the right direction after promulgation of the new constitution. “Constitution writing is like setting the rules of the game,” Jaishankar told the political leaders. “Once that is done, the real game and political competition begin.” Sri Lankan President Maithripala Sirisena Sirisena begins Pak visit tomorrow IANS Colombo S ri Lankan President Maithripala Sirisena will pay a state visit to Pakistan from April 5 to 7 at the invitation of the president and prime minister of Pakistan, officials said yesterday. This will be the first visit by the newly elected Sri Lankan president to Pakistan. He assumed office in January this year. During the visit, Sirisena will meet with President Mamnoon Hussain, who will host a state banquet in his honour, Xinhua news agency cited the Pakistani foreign ministry as saying. Prime Minister Nawaz Sharif will hold bilateral talks with Sirisena. A number of agreements for co-operation in various fields will be signed after the talks, a foreign ministry statement said. Pakistan’s National Assembly speaker and senior ministers will call on the visiting president. As members of the South Asian Association for Regional Cooperation (Saarc) and the Commonwealth, Pakistan and Sri Lanka co-operate closely and coordinate with each other on issues of common interest and regional and international concern, the foreign ministry said. 8 Lankans safely leave Yemen The Sri Lankan government yesterday said eight of its nationals had safely left Yemen as fighting intensified in that country. Out of the eight, three had reached Djibouti in the early hours of yesterday while the remaining five were on their way home via sea, Xinhua news agency cited an official from the foreign ministry in Colombo as saying. The government said this week that it was making arrangements to evacuate at least 100 of its citizens stranded in Yemen as fighting escalated between the Houthi rebels and the Saudi military forces. The ministry of foreign affairs, in co-ordination with the Sri Lankan embassy in Muscat, Oman, which is concurrently accredited to Yemen, is exploring all possible avenues to ensure the safe return of the Sri Lankans. The government has already requested India, China and the UN to help evacuate the Sri Lankan citizens trapped in Yemen. Devotees at mass DPA Colombo S ri Lanka’s government will introduce laws that ban all religious and ethnic hate speech, a spokesman said yesterday. A jail term of up to two years will be given to those found guilty of causing communal or religious disharmony, government spokesman Rajitha Senaratne said. A government appointed commission earlier recommended that such laws should be implemented in order to help mend the discord between the majority Sinhala and minority Tamils. Sri Lanka has witnessed a string of ethnic riots and religious related clashes, including a major riot in 1983 in which more than 1,000 Tamils were killed after 13 Sinhala soldiers were killed by Tamil rebels. Devotees hold a wooden cross during a Good Friday mass at a church in Colombo yesterday. Holy week is celebrated in many Christian traditions during the week before Easter. 18 Gulf Times Saturday, April 4, 2015 COMMENT Chairman: Abdullah bin Khalifa al-Attiyah Editor-in-Chief : Darwish S Ahmed Production Editor: C P Ravindran P.O.Box 2888 Doha, Qatar [email protected] Telephone 44350478 (news), 44466404 (sport), 44466636 (home delivery) Fax 44350474 Collaborative engagement only way for China and the US In today’s world, no great power can afford to operate in a vacuum By Stephen S Roach New Haven GULF TIMES Obama looking to legacy with Iran deal, but many ifs remain Barack Obama has lauded a “historic” deal to contain Iran’s nuclear programme in what could be seen as a vindication of his foreign policy of reaching out to some of America’s long-time foes. But more than seven years after he was derided as “naive” as a candidate when he expressed willingness to sit down with the leaders of Iran, Obama himself admits that major questions remain. And he has warned Iran against backsliding on the political framework agreed in Switzerland, while stressing that the deal is not built on trust of Tehran, but on stringent verification measures. But Iran’s compliance is not the only issue that Obama must face in the coming months. A recalcitrant Congress may also throw roadblocks in Obama’s way. Speaker of the House John Boehner, the top Republican in Congress, has already said that the deal’s parameters “represent an alarming departure from the White House’s initial goals”. US lawmakers have repeatedly clashed with Obama over the Iran talks. Members of both parties have been pushing for greater say in the deal and clamouring for more sanctions, while the US administration has warned that such actions may scuttle negotiations with Tehran. Republicans have ratcheted up the pressure by hosting Israeli Prime Minister Benjamin Netanyahu to speak about the dangers of a deal with Iran and sending a letter to Iran’s leadership suggesting that a future president could back out of the deal. Washington and Tehran broke off relations after the 1979 Islamic revolution, in which the US-backed Shah was ousted and Americans were held captive for over a year in the US embassy in the Iranian capital. The intensive nuclear talks have nurtured hopes that relations could be mended over the long term. Senators plan to push forward later this month with a measure that would require Congress be given a vote on any deal. Known as the Iran Nuclear Agreement Review Act of 2015, the legislation would require Obama to submit the text of an Iran nuclear agreement to Congress and prohibit the suspension of sanctions for 60 days while lawmakers weigh the deal. Obama will have to prove to Congress that the deal will keep Iran from getting a nuclear weapon, according to Republican Senator Ron Johnson. A national survey by Pew Research earlier this week found that most Americans want Congress to have the final say on the deal and also express scepticism about whether the Iranians are serious. However, another new poll by the Washington Post and ABC News shows that a majority of Americans do favour an agreement with Iran. Obama remains firmly committed to allowing diplomacy to work, comparing the deal to historic arms control agreements reached by the Nixon and Reagan administrations with the Soviet Union during the 1970s and 80s, when Obama noted Moscow was a “far more dangerous adversary” than Iran. C hina is generating a lot of confusion nowadays, both at home, where senior officials now tout the economy’s “new normal”, and abroad, exemplified by America’s embrace of Cold War-style tactics to contain China’s rise. On both counts, the disconnects are striking, adding a new dimension of risk to the impact of the “China factor” on a fragile world. The official view in China is that its economy has already arrived in the Promised Land of the “new normal.” Indeed, that was the theme of the just-concluded China Development Forum (CDF) – an important platform for debate among China’s senior officials and a broad cross-section of international participants that occurs immediately after the annual National People’s Congress. Since the CDF’s inception in 2000, the Chinese government has used the event to signal its policy priorities. In 2002, for example, the CDF focused on the impact of China’s accession to the World Trade Organisation – a precursor to a spectacular surge of export-led growth. In 2009, the emphasis was on China’s aggressive post-crisis stimulus strategy. And last year’s event addressed implementation of the so-called Third Plenum reforms. This suggests that China’s “new normal” will be the government’s top priority this year. But there remains considerable ambiguity as to what exactly the new normal entails – or whether it has even been achieved. In his keynote speech at the CDF, Zhang Gaoli, one of the seven members of the Politburo Standing Committee (the Chinese Communist Party’s highest decision-making body), declared that the senior leadership has rendered the “strategic judgment that China’s economy has entered the stage of the new normal”. Yet, at the CDF’s wrap-up session, Premier Li Keqiang suggested, a bit less decisively, that China is basically following the world economy in its transition to a new normal. In short, China’s government is confusing a path with the final destination – a point that I stressed in my remarks to the CDF, in which I argued that China is in the early stages of rebalancing its economy toward services and consumption. In fact, China is far from settling in to a new normal. The imperative to co-operate is an inevitable outgrowth of globalisation The best way to measure how far China still has to go is to consider the development of its services sector – the infrastructure of consumer demand in an economy. The good news is that services are now growing faster than any other sector, having reached 48% of GDP in 2014 (thus surpassing the end-2015 target of 47% well ahead of schedule). The tough news is that this remains significantly lower than the 60-65% share typical of a more “normal” economy. Given this, it is worrying that China’s leaders believe that the new normal is already at hand. The notion that this critical transition has occurred risks generating complacency at a time when China should be focused on the wrenching, but essential, process of structural adjustment – one that will take at least another decade to complete. Continuing the shift to a servicesled growth model is important for a number of reasons. With services in China employing 30% more workers per unit of output than manufacturing and construction, the sector’s expansion will help to preserve social stability, even as economic growth slows to 7%. Observers in the West, focused largely on the slowdown of headline GDP growth, continue to miss this key point. Moreover, because the services sector also requires fewer commodities and less energy, this transition will help China address its serious environmental problems. In the meantime, China faces another, equally daunting challenge: the US’ growing determination to contain its growing influence. At this year’s CDF, tensions between the hegemon and the rising power were widely discussed, both in the formal sessions and on the sidelines. Three developments were especially noteworthy: US resistance to China’s efforts to establish the Asian Infrastructure Investment Bank – a stance now rejected by most of America’s closest allies; President Barack Obama’s signature trade initiative, the Trans-Pacific Partnership, which excludes China; and yet another effort by the US Senate to enact legislation on currency manipulation that takes dead aim at China. Combined with ongoing disputes over cyber security and territorial claims in the East and South China Seas – not to mention questions about America’s geostrategic “pivot” toward Asia – these issues have chilled the Sino-American relationship. It fell to Henry Kissinger, who was present at the dawn of the modern US-China relationship, to put it all into context. At the CDF, he stressed how different the situation is now, compared to 1972, when he and then-president Richard Nixon first met with Mao Zedong and Zhou Enlai. Unlike the immediate military threats back then, today’s challenges – such as climate change, cyber security and global health – can be addressed only through collaborative strategic engagement. The imperative to co-operate is an inevitable outgrowth of globalisation. As Kissinger emphasised, the Middle Kingdom of China’s dynastic era knew nothing of the Roman Empire, and vice versa. In today’s world, however, no great power can afford to operate in a vacuum. They receive instantaneous feedback from one another – especially on shared challenges – whether they like it or not. In a sense, it is no surprise that the US is bristling over China’s ascendance. After all, dominant powers have always struggled to cope with rising ones. Nonetheless, China, burdened by 150 years of perceived humiliation by the West, does not take kindly to that reaction. As China confronts the challenges of its economy’s shift to a new normal, it will need to find common ground with the US. And America will need to work to deepen its understanding of China’s transition. Both countries will have to show leadership, vision and openness to collaborative engagement. Sadly, there was little sign of that at this year’s CDF. - Project Syndicate zStephen S Roach, a faculty member at Yale University and former Chairman of Morgan Stanley Asia, is the author of a new book Unbalanced: The Codependency of America and China. A recalcitrant Congress may throw roadblocks in Obama’s way To Advertise [email protected] Display Telephone 44466621 Fax 44418811 Classified Telephone 44466609 Fax 44418811 Subscription [email protected] 2014 Gulf Times. All rights reserved How scary is the bond market? By Robert J Shiller New Haven T he prices of long-term government bonds have been running very high in recent years (that is, their yields have been very low). In the US, the 30-year Treasury bond yield reached a record low (since the Federal Reserve series began in 1972) of 2.25% on January 30. The yield on the United Kingdom’s 30-year government bond fell to 2.04% on the same day. The Japanese 20-year government bond yielded just 0.87% on January 20. All of these yields have since moved slightly higher, but they remain exceptionally low. It seems puzzling that people would tie up their money for 20 or 30 years to earn little or nothing more than these central banks’ 2% target rate for annual inflation. So, with the bond market appearing ripe for a dramatic correction, many are wondering whether a crash could drag down markets for other longterm assets, such as housing and equities. It is a question that I am repeatedly asked at seminars and conferences. After all, participants in the housing and equity markets set prices with a view to prices in the bond market, so contagion from one long-term market to another seems like a real possibility. I have been thinking about the bond market for a long time. In fact, the long-term bond market was the subject of my 1972 PhD dissertation and my first-ever academic publication the following year, coauthored with my academic adviser, Franco Modigliani. Bond-market crashes have actually been relatively rare and mild Our work with data for the years 1952-1971 showed that the long-term bond market back then was pretty easy to describe. Long-term interest rates on any given date could be explained quite well as a certain weighted average of the last 18 quarters of inflation and the last 18 quarters of short-term real interest rates. When either inflation or short-term real interest rates went up, long-term rates rose. When either fell, so did long-term rates. We now have more than 40 years of additional data, so I took a look to see if our theory still predicts well. It turns out that our estimates then, if applied to subsequent data, predicted long-term rates extremely well for the 20 years after we published; but then, in the mid-1990s, our theory started to overpredict. According to our model, long-term rates in the US should be even lower than they are now, because both inflation and short-term real interest rates are practically zero or negative. Even taking into account the impact of quantitative easing since 2008, long-term rates are higher than expected. But the explanation that we developed so long ago still fits well enough to encourage the belief that we will not see a crash in the bond market unless central banks tighten monetary policy very sharply (by hiking shortterm interest rates) or there is a major spike in inflation. Bond-market crashes have actually been relatively rare and mild. In the US, the biggest one-year drop in the Global Financial Data extension of Moody’s monthly total return index for 30-year corporate bonds (going back to 1857) was 12.5% in the 12 months ending in February 1980. Compare that to the stock market: According to the GFD monthly S&P 500 total return index, an annual loss of 67.8% occurred in the year ending in May 1932, during the Great Depression, and one-year losses have exceeded 12.5% in 23 separate episodes since 1900. It is also worth noting what kind of event is needed to produce a 12.5% crash in the long-term bond market. The one-year drop in February 1980 came immediately after Paul Volcker took the helm of the Federal Reserve in 1979. A 1979 Gallup Poll had shown that 62% of Americans regarded inflation as the “most important problem facing the nation”. Volcker took radical steps to deal with it, hiking short-term interest rates so high that he created a major recession. He also created enemies (and even faced death threats). Regarding the stock market and the housing market, there may well be a major downward correction someday. But it probably will have little to do with a bond-market crash. That was the case with the biggest US stockmarket corrections of the last century (after 1907, 1929, 1973, 2000 and 2007) and the biggest US housingmarket corrections of all time (after 1979, 1989 and 2006). It is true that extraordinarily low long-term bond yields put us outside the range of historical experience. But so would a scenario in which a sudden bond-market crash drags down prices of stocks and housing. When an event has never occurred, it cannot be predicted with any semblance of confidence. - Project Syndicate zRobert J Shiller, a 2013 Nobel laureate in economics, is professor of economics at Yale University and the co-creator of the Case-Shiller Index of US house prices. Gulf Times Saturday, April 4, 2015 19 COMMENT Last chance for Ukraine and Europe The deterioration of Ukraine’s situation is accelerating By George Soros London T he European Union stands at a crossroads. The shape it takes five years from now will be decided in the coming 3-5 months. Year after year, the EU has successfully muddled through its difficulties. But now it has to deal with two sources of existential crisis: Greece and Ukraine. That may prove too much. Greece’s long-festering crisis has been mishandled by all parties from the outset. Emotions now are running so high that muddling through is the only constructive alternative. But Ukraine is different. It is a black-and-white case. Vladimir Putin’s Russia is the aggressor, and Ukraine, in defending itself, is defending the values and principles on which the EU was built. Yet Europe treats Ukraine like another Greece. That is the wrong approach, and it is producing the wrong results. Putin is gaining ground in Ukraine, and Europe is so preoccupied with Greece that it hardly pays any attention. Putin’s preferred outcome in Ukraine is to engineer a financial and political collapse that destabilises the country, and for which he can disclaim responsibility, rather than a military victory that leaves him in possession of – and responsible for – part of Ukraine. He has shown this by twice converting a military victory into a ceasefire. The deterioration in Ukraine’s position between the two ceasefire agreements – Minsk I, negotiated last September, and Minsk II, completed in February – shows the extent of Putin’s success. But that success is temporary, and Ukraine is too valuable an ally for the EU to abandon. There is something fundamentally wrong with EU policy. How else could Putin’s Russia have outmanoeuvred Ukraine’s allies, which used to lead the free world? The trouble is that Europe has been drip-feeding Ukraine, just as it has Greece. As a result, Ukraine barely survives, while Putin has the first-mover advantage. He can choose between hybrid war and hybrid peace, and Ukraine and its allies are struggling to respond. The deterioration of Ukraine’s situation is accelerating. The financial collapse of which I had been warning for months occurred in February, when the hryvnia’s value plummeted 50% in a few days, and the National Bank of Ukraine had to inject large amounts of money to rescue the banking system. The climax was reached on February 25, when the central bank introduced import controls and raised interest rates to 30%. Since then, President Petro Poroshenko’s jawboning has brought the exchange rate back close to the level on which Ukraine’s 2015 budget was based. But the improvement is extremely precarious. This temporary collapse has shaken public confidence and endangered the balance sheets of Ukrainian banks and companies that have hard-currency debts. It has also undermined the calculations on which Ukraine’s programmes with the International Monetary Fund are based. The IMF’s Extended Fund Facility became insufficient even before it was approved. But EU member states, facing their own fiscal constraints, have shown no willingness to consider additional bilateral aid. So Ukraine continues to teeter on the edge of the abyss. At the same time, a radical reform programme within Ukraine is gaining momentum, and slowly becoming visible to both the Ukrainian public and the European authorities. There is a stark contrast between the deteriorating external situation and the continuing progress in internal reforms. This gives the situation in Kyiv an air of unreality. One plausible scenario is that Putin achieves his optimal objective and Ukraine’s resistance crumbles. Europe would be flooded with refugees – 2mn seems to be a realistic estimate. Many people expect that this would mark the beginning of Cold War II. The likelier outcome is that a victorious Putin would have many friends in Europe, and that the sanctions on Russia would be allowed to lapse. That is the worst possible outcome for Europe, which would become even more divided, turning into a battleground for influence between Putin’s Russia and the US. The EU would cease to be a functioning political force in the world (especially if Greece also left the eurozone). A more likely scenario is that Europe muddles through by drip-feeding Ukraine. Ukraine does not collapse, but the oligarchs reassert themselves and the new Ukraine begins to resemble the old Ukraine. Putin would find this almost as satisfactory as a complete collapse. But his victory would be less secure, as it would lead to a second Cold War that Russia would lose, just as the Soviet Union lost the first. Putin’s Russia needs oil at $100 a barrel and will start running out of currency reserves in 2-3 years. The latest chapter in what I call the “Tragedy of the European Union” is that the EU will lose the new Ukraine. The principles that Ukraine is defending – the very principles on which the EU is based – will be abandoned, and the EU will have to spend a lot more money on defending itself than it would need to spend helping the new Ukraine succeed. There is also a more hopeful scenario. The new Ukraine is still alive and determined to defend itself. Though Ukraine, on its own, is no match for Russia’s military might, its allies could decide to do “whatever it takes” to help, short of becoming involved in a direct military confrontation with Russia or violating the Minsk agreement. Doing so would not only help Ukraine; it would also help the EU to recapture the values and principles that it seems to have lost. Needless to say, this is the scenario I advocate. - Project Syndicate zGeorge Soros is chairman of Soros Fund Management and of the Open Society Foundations. Weather report LEGAL HELPLINE Three-day forecast Women entitled to 50 days paid maternity leave To avail of the maternity leave, the employee should submit a medical certificate By Nizar Kochery Doha QUESTION: I have been working with a company in Doha for more than two years now. My sponsorship is with the company and I am about to take maternity leave within a couple of days. Our company has so far never given any maternity benefits to anyone. But as per Qatar’s Labour law is it possible for me to claim salary during my maternity leave? If so, how many days of paid leave would I get as per law? Will they give me full pay or only basic salary? JJ, Doha ANSWER: One year in employment with the same employer is the only requirement for entitlement of maternity benefits. According to Article 96 of the Labour Law, female employees are entitled to 50 days paid maternity leave with full salary. The leave must be taken in the period immediately before and after delivery provided that the leave must include 35 days in the post-delivery period. If the post-delivery health condition hinders return to work after the end of the maternity leave period then, provided that an adequate medical certificate is furnished, an employee may take unpaid leave for a period not exceeding 60 consecutive or staggered days. To avail of the leave, the employee should provide to their employer a medical certificate issued by a licensed physician stating the expected delivery date. Compensation for damage Q: We are a construction company facing a claim wherein contributory negligence is established. Do local laws permit a contracting party to be compensated against all acts, errors and omissions arising from the work of the other party, even if the first party is negligent? TRM, Doha A: Qatar Civil Law - No 22 of 2004 allows the contracting party to seek compensation for any direct, foreseeable damage from the defaulting party. The contracting party may even seek compensation for indirect damage from the defaulting party in the event of gross misconduct or gross negligence. However, negligence of one party may reduce the liability of the other party, as well as the amount of any damages awarded. Employees can divide annual leave Q: Can an employer refuse an employee’s request for splitting annual leave? Can the employer postpone the employee’s annual vacation arbitrarily? How many minimum days of leave the employee can legally avail of in a year? AT, Doha A: Employees covered under Law No 14 of 2004 can divide their annual leave into two and avail half of it the following year subject approval of the employer. Though the employer has the right to decide when a worker can go on leave, the law stipulates that employer must not be unfair in making that decision. The employer does not have the right to postpone the annual vacation of a worker to the year next to the one in which the leave is due. If a worker has put in less than five years of continuous service with a company, he is entitled to three weeks of leave every year. If his service duration is more than five years, he is eligible to get four weeks of leave each year. Termination without reason Q: Can an employer terminate an employee without stating any reason? I work with a subcontractor but unfortunately the company is facing a major financial problem, forcing it to cut costs. I’m likely to be retrenched as part of the costcutting programme. I may have to look for another job. But I need to wait five more months to transfer my sponsorship because I have been working with the present company for only seven months now. My visa expires on September 1. Are there any laws requiring a minimum number of labourers to be employed on a particular construction project? Can financial reasons be ground TODAY High: 30 C Low : 20 C Relatively hot during the day and slight dust at times with some clouds for termination? My employer is willing to transfer my sponsorship but do I have to complete one year for that? Is there any alternative? TH, Doha A: As per Qatar’s Labour Law, an employment contract of indefinite duration is terminable by notice and no reasons to be established by either of the parties. There are no provisions in the laws of Qatar that require a minimum number of local employees to be employed on a particular construction project. The employer may take reduction of manpower as part of its financial control measures and the obligation of the employer is limited to payment of dues and repatriation. Visa transfers are subject to rules and regulations of immigration. Negotiate with the employer to reach a mutually-agreeable term of further employment to enable to meet the requirements of transfer or request to grant no-objection for return on another employment visa after repatriation. SUNDAY High: 32 C Low : 21 C Sunny MONDAY High: 33 C Low : 22 C Sunny Fishermen’s forecast OFFSHORE DOHA Wind:NW-SW’LY 8-16/22KT Waves: 2-5/7 Feet INSHORE DOHA Wind:NW-SW’LY3-12/16 KT Waves: 1-2/3Feet Around the region Abu Dhabi Baghdad Dubai Kuwait City Manama Muscat Riyadh Tehran Weather today Cloudy M Sunny Cloudy Sunny Sunny Sunny Sunny M Sunny Max/min 29/22 28/15 28/18 32/19 26/21 32/24 31/18 22/12 Weather tomorrow Sunny Sunny Sunny Sunny Sunny Sunny Sunny P Cloudy Max/min 31/22 32/16 28/21 34/20 28/22 33/25 28/21 22/13 Weather tomorrow P Cloudy P Cloudy Sunny P Cloudy Sunny Cloudy P Cloudy S T Storms Cloudy Sunny T Storms M Sunny Cloudy M Sunny Cloudy S T Storms Cloudy Showers S Showers P Cloudy S T Storms Rain Cloudy Max/min 14/11 19/13 34/27 10/-1 26/13 21/13 32/26 34/26 26/21 11/06 32/24 31/22 12/05 34/26 07/01 29/19 12/03 12/03 28/18 20/08 31/27 20/17 20/11 zPlease send your questions by e-mail to: [email protected] (Mobile: 55813105) LEGAL SYSTEM IN QATAR According to Article 139, an agent shall not buy items entrusted for sale, either directly or under a pseudonym, unless with the permission of the judge and without prejudice to what stipulated in the law to the contrary. Brokers and experts shall not buy property entrusted for sale or for estimation of its value. According to Article 142, maritime sales are sales that include all or some of the provisions related to marine insurance and carriage by sea. If there is no provision regarding maritime sale in the law then the international rules and regulations for sales issued by the International Chamber of Commerce will apply. A CIF sale is a sale of goods whereby the seller undertakes to export by sea to a specific place for a lump sum including the cost of the goods, insurance and the freight charge on the ship to the port of destination. The sale is considered as C&F if the seller is not committed to the insurance. The seller shall conclude the carriage contract on usual terms for the carriage of the goods to the port of destination agreed upon and by the normal route for the voyage. The seller shall be responsible for the payment of the cost of freight and any other costs determined at the time and place of loading. As per Article 146, the seller shall at its expenses undertake to ship the goods on board at the port of shipment on the date agreed upon as stipulated in the contract or within reasonable time if the time for shipment is not specified. The seller shall obtain necessary license and shall bear the charges of packaging, weighing, measuring, counting or quality checking the goods as required for shipment. The seller shall immediately notify the buyer on the shipment of the goods and the name of the vessel. The seller shall bear the risk for any damages to the goods up to the time when it passes through the vessel and thereafter the risk passes to the buyer. According to Article 148, the seller shall procure an insurance contract with a reputed insurer covering the goods against the voyage risk provided that seller shall not contract as an insurer to the buyer. In case of partial shipment, insurance shall be made covering each consignment separately. The insurance contract shall be executed by means of a negotiable policy in accordance with custom at the port of shipment, but the amount of insurance shall not be less than the price stipulated in the sale contract plus 10%. The seller shall be bound only to insure against the normal risk of carriage and shall not be bound to insure against the special risks of particular trade, unless otherwise agreed. The seller shall not be held liable to insure goods sold against war risks, unless otherwise agreed. As per Article 149, the seller shall send, without any delay, to the buyer a clean negotiable bill of lading of the goods sold, containing a statement establishing that the goods are shipped on the date or within the grace period fixed for shipment, duly authorising the buyer or his representative to take delivery of the goods under endorsement of the same, or by assignment of such right through a suitable legal method. If the bill of lading covers the shipping charges, the carrier company shall endorse it on the date of shipment as a record of loading. The bill of lading shall be considered clean if it does not contain any additional clauses confirming the existence of defects in the goods or in the method of packing. Around the world Athens Beirut Bangkok Berlin Cairo Cape Town Colombo Dhaka Hong Kong Istanbul Jakarta Karachi London Manila Moscow New Delhi New York Paris Sao Paulo Seoul Singapore Sydney Tokyo Weather today Sunny P Cloudy M Sunny P Cloudy Sunny Cloudy S T Storms S T Storms P Cloudy M Cloudy T Storms Cloudy Showers Sunny Snow S T Storms Showers Rain P Cloudy P Cloudy T Storms Showers Clear Max/min 20/10 21/16 37/26 09/00 27/14 23/14 31/26 32/26 26/22 12/05 32/24 30/23 12/08 36/23 03/-1 30/21 18/11 13/08 26/16 17/07 32/27 21/18 24/11 20 Gulf Times Saturday, April 4, 2015 QATAR Gulf Mall: a growing attraction By Peter Alagos Business Reporter G ulf Mall, Qatar’s newest shopping destination, has started attracting many visitors and customers even before its formal opening. “We were not expecting any customers or visitors when we initially opened our first store in Qatar last March 24,” a staff member of UK-based clothing and homeware retailer Matalan told Gulf Times yesterday. “Since both Matalan and Gulf Mall belong to the same owner, we were the first store to open,” explained the staffer while pointing out that people started visiting the shopping destination shortly after advertisements from Azadea Holdings appeared in the media. Yesterday, as many as 15 brands under the Landmark Group opened their doors to the public, with another four to five brands ready to serve customers from tomorrow, a company staff member said. In its Facebook account, Gulf Mall posted that more than 200 “famous shops and brands” will be available to a wide range of customers, including 13 cinemas that are set to open “soon”. A staff member working in a store under Azadea said the company initially opened seven brands, with seven more stores expected to open once the mall is fully operational. She said among the highly-anticipated brands of the company is San Francisco-based clothing line Old Navy. “This would be the first time for Old Navy to open shop in Qatar and many people have been anticipating its arrival here because of its popularity, quality of the merchandise, and practical price range,” she said. A concessionaire staff member said the Gulf Mall management is yet to convey any information on a formal opening An exterior view of Gulf Mall fronting Al Shamal Expressway. PICTURES: Shaji Kayamkulam Qatar’s newest shopping destination is drawing increasing numbers of visitors. date: “But with the simultaneous opening of many brands, patrons of these stores could surely expect more of them to open this month alone.” One visitor observed that the brands offered at Gulf Mall are “world-class”, adding that the prices of the products, mostly clothing merchandise, “are very affordable”. Aside from clothing stores and other retail shops, Al Meera also opened a store at Gulf Mall on Thursday. Located at Gharrafa, between Lulu Hypermarket and Ezdan Mall, and parallel to Al Shamal Expressway, Gulf Mall is open from 9am to 10pm from Saturday to Wednesday and 9am to 11pm on Thursday and Friday. As many as 15 brands opened to the public yesterday. More student involvement in museum projects sought By Joey Aguilar Staff Reporter Q Dr David Reilly speaks at the symposium. Integrative medicine focus of symposium W ays to effectively integrate complementary and alternative treatments with conventional medicine were explored at a symposium hosted by Weill Cornell Medical College in Qatar (WCMC-Q). The symposium was attended by more than 200 healthcare professionals. The symposium, co-ordinated by WCMC-Q’s Division of Global and Public Health, featured speeches by healthcare experts on a variety of integrative medicine topics such as acupuncture, mind-body medicine, and nutritional and herbal supplements. Strategies for enabling self-care and building therapeutic alliances with patients were also discussed. The symposium, which had the theme ‘Integrative Medicine: A Refreshing Approach to Optimum Health’, explored the positive aspects of alternative therapies, but also the dangers and risks they can pose to patients. The relatively new movement towards ‘integrative medicine’ encourages physicians to speak to their patients to ensure that any evidence-based alternative therapies they are using complement conventional therapies and do not endanger health by conflicting with prescription drugs, for example. Dr Ravinder Mamtani, professor of Healthcare Policy and Research at WCMC-Q, explained: “As physicians, we have a responsibility to engage empathetically with patients to discover the complementary and alternative therapies they might be using. One compelling reason for this is that research has shown that a large number of patients make use of complementary therapies, so it would be remiss to ignore this factor.” Dr Javaid Sheikh, dean of WCMC-Q, gave the keynote address. This followed remarks by Dr David Reilly, consultant physician at the National Health Service Centre for Integrative Care in Glasgow, Scot- land, who spoke on self-care, wellness enhancement and human healing. Dr Sheikh said: “It is extremely gratifying to welcome so many healthcare professionals to WCMC-Q to discuss and explore the impact of complementary and alternative therapies, which is an absolutely crucial issue for healthcare providers in the 21st century. As preventative medicine and self-care become increasingly important, we have a duty to accommodate the complementary therapies used by patients, to understand how they can be beneficial and to raise a warning flag when they could be harmful.” Dr Mamtani also spoke about practical measures for the integration of complementary medicine into conventional healthcare. The symposium concluded with an interactive Q&A session moderated by Dr Sohaila Cheema, director of the Division of Global and Public Health at WCMC-Q. atar Museums (QM) wants to involve more university students in its various programmes that provide opportunities for learning and career development. “I want to see more students in museums,” QM chairperson HE Sheikha Al Mayassa bint Hamad bin Khalifa al-Thani said while speaking at the “Generations of Culture” panel discussion at Georgetown University in Qatar on Wednesday. “Though the Museum of Islamic Art (MIA) is full of visitors, I rarely see students,” she said. Though QM brings renowned artists and architects from various countries to Doha, Sheikha Al Mayassa lamented that few students make use of such opportunities. “We are really targeting the schools but it is much harder at the university level because it is very difficult to enforce it,” she explained. “Being versed in the language of art, even if you don’t become an artist or collector, helps you in your career wherever you go.” Sheikha Al Mayassa said QM is trying to create all possible incentives for students. QM will be organising a faculty meeting on having courses for students who could also do some research for the institution. As part of QM’s efforts to reach more people, the QM Academy has decided to open its art programme to the public. QM’s director of education Dr Jelena Trkulja said the programme, modelled on the col- lege curriculum, offers various courses. These include art history, museum studies, archaeology together with site management and traditional architecture, and conservation and preservation of both objects and buildings. “QM sees itself as an educational institution but with the same mission to enrich the lives of people living in the society and to enlarge knowledge,” she said. For young graduates, Sheikha Al Mayassa said the Fire Station “Artist in Residence” programme can help find spaces at the newly-opened art facility. From the 170 applicants, an independent jury will select at least 20 artists. For those who are interested in making short films, the Doha Film Institute (DFI) is giving professional help and mentoring. DFI director for Strategy and Business Development Hanaa Issa said they had worked closely with Northwestern University in Qatar which offers film studies and courses. DFI recently launched a film fund initiative to help Qatari directors, writers and people who have just started making films. “It is a very hands on programme where they would come in and work with us … we would mentor them and even spend resources with them if they are selected,” she said. Students can also join various internships and volunteer programmes under QM’s culture hub headed by Sheikha Nouf Mubarak Saif al-Thani Students, organisations, clubs and study groups can use the hub’s facilities, Sheikha Nouf said. More than 200 students, alumni and faculty members participated in the “Generations of Culture” panel discussion at Georgetown University in Qatar. CHINA ECONOMY | Page 3 OUTPUT BOOST | Page 4 Job growth hits 10-month low in March Toyota set to resume plant building Saturday, April 4, 2015 Jumada II 15, 1436 AH COURT SETTLEMENT: Page 11 GULF TIMES BUSINESS Takeda to offer $2.2bn to settle Actos cases Nuke deal to help Iran reclaim lost oil market Reuters New York Turkey inflation surges on rising food costs Reuters Istanbul A framework accord to curb Iran’s nuclear programme forged on Thursday could eventually allow Tehran to reclaim lost ground in the global oil market. Yet the deal all but guarantees that cannot happen before next year. By ensuring that sanctions remain intact until Western powers are satisfied Tehran is adhering to the terms, and giving negotiators until June 30 to hammer out a comprehensive agreement, the deal offers little chance for any significant increase in exports until 2016. While global Brent oil prices tumbled as much as 5% on Thursday to $54 in anticipation of a deal that could allow Iran to begin selling more crude within months, traders later began weighing the timing of that return. Brent traded at more than $55 a barrel by day’s end. Verifying compliance by Iran, once the world’s fifth-largest oil producer, will “likely take many months after implementation, which itself is likely to slip from the June 30 target,” said Bob McNally, president of energy research group Rapidan Group and a former adviser to President George W Bush. Jason Bordoff, founding director at Columbia University’s Center on Global Energy Policy and former adviser to President Barack Obama, agreed: “It is going to take time for Iranian oil to come back to the global market, likely not until 2016 at the earliest.” The delayed impact may be quietly welcome news for Saudi Arabia, Iraq and others in the Organization of the Petroleum Exporting Countries (Opec), who had feared that a rapid rebound in Iranian output could pile more pressure on oil prices that have halved since last summer due to a global glut. However it may also make for a tricky summer. Opec is due to meet on June 5, the first gathering since it decided in November to maintain production despite tumbling prices. In the meantime, global demand has been rising more quickly than expected and US shale oil production growth is rapidly slowing, adding to the market’s uncertainty. “This preliminary deal will be hanging over ... the oil market through the rest of this quarter,” said oil analyst Jim Ritterbusch. US and EU sanctions, which have choked off nearly 1.5mn barrels per day (bpd) of Iranian exports since early 2012, will only be suspended after the International Atomic Energy Agency has “verified that Iran has taken all of its key nuclear-related steps,” according to a statement outlining the plan of action issued by Iran and world powers in Switzerland. “If at any time Iran fails to fulfill its commitments, these sanctions will snap back into place.” Most market experts had said they were betting on an increase of 200,000 to 600,000 bpd in Iran’s exports within six months of easing sanctions. Tim Boersma, acting director of the Energy Security and Climate Initiative at Brookings Institution, said Iran might even manage 500,000 bpd within 90 days. Yet a full recovery in output R was seen as unlikely until the second half of 2016 as new investment would be needed to rejuvenate fields. Even that may now be optimistic. “Sanctions relief is unlikely to begin for at least six months to a year even after a deal is signed in June,” analysts at Energy Aspects said in a note on Thursday. It is unclear whether any potential buyers might move early to step up purchases, betting that Washington and European powers will be unlikely to punish them for a breach of sanctions that are about to be phased out. Even before the deal, Iran was set to export another 300,000 bpd in coming months, much of it to India, according to Michael Cohen, head of energy commodities research at Barclays. Yet the risk of political repercussions from Washington and limited access to tanker insurance due to tough European restrictions are likely to prevent refiners such as PetroChina and Hindustan Petroleum Corp – who have said they are eager to buy more crude from Iran – from moving early. Beyond this year, however, the breakthrough could turn Tehran’s recent role in the global oil market on its head. For most of the past three years, crushing sanctions acted as a prop for oil prices hovering near $100 a barrel. “While it will take a while for Iranian crude exports to recover - even if they fully comply with the terms of the deal - today’s announcement further limits the upside price risk in today’s oversupplied global oil market,” said Trevor Houser, a partner with the Rhodium Group. The Iranian nuclear deal, which heralds a lifting of sanctions choking the country’s economy, could offer an unparalleled opportunity for foreign oil companies, but may take time to tap. Thursday’s deal “could represent a first step towards a return of Western oil companies” to Iran, said an analyst. The sanctions imposed on Iran by the US, then by the UN and European Union, led to the gradual departure of major Western oil companies, leaving just Chinese and Indian firms. The lifting of sanctions offers a rare opportunity: entry into a country that is both a major oil and gas producer. Despite sanctions cutting oil output by over a quarter, from 4mn barrels per day in 2008 to 2.81 mbpd on average in 2014, Iran still remains the fifth largest producer in the Opec. It exports around 1.1 mbpd of oil. Iran holds the second-largest gas reserves in the world behind Russia. “Iran is a country with considerable oil and gas potential,” said Francis Perrin, head of the SPE group of energy policy trade journals. ising food costs pushed Turkey’s consumer prices sharply higher in March, data showed yesterday, which may encourage the central bank to resist political pressure for aggressive rate cuts in the run-up to elections in June. Faced with flagging growth and parliamentary elections, President Tayyip Erdogan has demanded lower borrowing costs, raising concerns about the independence of the central bank. The central bank kept rates on hold at its last meeting, citing the impact of a sliding currency on inflation. March’s rising food prices also highlight the pressure on living costs for ordinary Turks - something Erdogan and the AK Party he founded want to avoid ahead of elections. The inflation outlook “is far from justifying” a resumption in interest rate cuts, Finansbank economist Gokce Celik said in a note. “We see the bank remaining on hold in its April meeting, as it did in March.” Consumer prices jumped 1.19% month-on-month, the Turkish Statistics Institute said, well above the 0.89% increase forecast in a Reuters poll. Food prices contributed to half that increase. Unlike core inflation, also closely watched by economists, consumer prices include food and energy costs, which are beyond the control of central banks. “We are face-to-face with an inflation dynamic that does not sit with the trend we desire,” Finance Minister Mehmet Simsek told broadcaster NTV in an interview, adding the trend could be helped by lower oil prices. Nonetheless, Turkey will “easily” see 4% growth this year, Simsek said. A nuclear deal with Iran would be positive for Turkey’s exports, he added. Compared with the same month last year, the consumer inflation rate rose to 7.61%. Domestic producer prices rose 1.05% on the month, for an annual rise of 3.41%, the data showed. However, separate data on auto sales for the month gave a somewhat brighter picture of consumer health, showing a rise of 75% from the same period last year, when sales were battered by a tax increase and tougher credit regulations. The Automotive Distributors Association said forthcoming elections and expected structural reforms would have a “decisive” impact on the auto industry in the coming year. Billions up for grabs if deal opens Tehran economy Reuters Dubai Iranian investment banker Ramin Rabii says he shouted in joy when he learned that Tehran and world powers had reached a deal which promises to lift economic sanctions on Iran. Then he called colleagues to discuss the business implications. Rabii, managing director of Turquoise Partners, a Tehran-based investment firm with about $200mn of assets under management, has been grappling for years with the results of the sanctions: unstable growth, high inflation, international banking restrictions and hard currency shortages. The agreement on curbing Iran’s nuclear programme, reached on Thursday, will – if confirmed in a final deal by a June 30 deadline – begin to ease those crippling problems for Turquoise and thousands of other Iranian firms. “We’ve been preparing for this moment for 10 years,” Rabii said by telephone, adding that in the months leading up to the deal Turquoise was in touch with hundreds of potential foreign investors about opportunities for them if sanctions were lifted. He said the company now planned to develop its asset management and brokerage businesses, and would hold roadshows for investors in Europe and possibly Dubai. Frozen out of the international banking system, its foreign trade slashed by the sanctions, Iran looks likely to become the biggest country to rejoin the global economy since post-Communist eastern Europe in the early 1990s. The resulting boom could create tens of billions of dollars worth of business for both local and foreign companies and shift the economic balance in the Gulf, which has so far been heavily weighted towards the rich Gulf Arab oil exporting countries. “Precautionary talks have already started between Iran and some big Western investors” in areas such as oil and autos, said Iranian-born economist Mehrdad Emadi of London’s Betamatrix consultancy. “Now there will be accelerating momentum.” He predicted annual growth of Iran’s $420bn economy would rise by as much as 2 percentage points to over 5% in the year after a final nuclear deal. It could accelerate further to 7% or 8% in the following 18 months – matching the growth of Asia’s “tiger economies” during their boom years. Iran’s trade with the European Union, which totalled €7.6bn ($8.3bn) last year, could balloon 400% by mid-2018, Emadi said. The complex web of financial, shipping, energy and technology sanctions woven by the US, the European Union and the UN is expected to take years to remove, even if a final nuclear agreement is reached and implemented smoothly. As a result Iran’s oil exports, cut by the sanctions to about 1.1mn barrels per day from 2.5mn bpd in 2012, may not start rebounding before 2016. But the single most damaging sanctions measure, the US Treasury’s use of Section 311 of the USA PATRIOT Act to identify Iran as a money laundering area, could be lifted quickly by the Obama administration, analysts believe. This would have a big impact on trade and investment by letting foreign banks deal with Iran without fear of being targeted by US officials. Iran could be re-admitted to the SWIFT global payments system, from which it was expelled in 2012, within three months of a final nuclear deal, Emadi said. Rabii said the boost to Iranian production from easier trade would quickly spur the economy, even if big foreign investment deals took longer to arrange. “Iranian industry is currently operating at about 60% to 70% capacity. Thirty per cent is idle – that’s because of the sanctions. Getting this working again is the low-hanging fruit of lifting the sanctions.” The economic benefits would extend across the Gulf, particularly to Dubai, which is a traditional hub for business with Iran and has a large Iranian community. The sanctions slashed Dubai’s trade with Iran by more than a third; the emirate could now become a jumpingoff point for foreign companies going back into Iran. Airlines and logistics firms around the region also stand to profit. Tarek Sultan, chief executive of Kuwait-listed logistics giant Agility, said Iran was potentially attractive because its isolation had encouraged it to develop indigenous expertise that could allow it to leapfrog other economies. “When the international situation is resolved and restrictions are lifted, we’ll be among the first ones in there,” Sultan told Reuters late last year. Other parts of the Gulf economy may at least temporarily be hurt by the rise of Iran. Gulf Arab stock markets are reforming themselves to attract foreign capital; Saudi Arabia plans to open its bourse to direct foreign investment within months. These markets will now have a major rival for funds in Tehran. Any increase in Iranian oil sales could come at the expense of Saudi Arabia, Opec’s biggest producer, which has lifted its output near 10mn bpd. The kingdom already faces a record budget deficit this year because of low oil prices. Gulf Times Saturday, April 4, 2015 2 BUSINESS Samsung to win Apple A9 chip orders for next iPhone Dow Jones Tokyo Bloomberg Seoul A S amsung Electronics Co will manufacture the main chip in Apple Inc’s next iPhone model, regaining a customer previously lost to Taiwan Semiconductor Manufacturing Co, people with direct knowledge of the matter said. Samsung will start making Apple A9 processor chips at its Giheung plant in South Korea, the people said, asking not to be identified because the contract hasn’t been discussed publicly. Additional orders will go to Samsung’s partner Globalfoundries Inc, according to another person familiar with the arrangement. Winning this order from Apple will help the world’s second- largest chipmaker rebound against TSMC, which last year ended Samsung’s monopoly over contracts to make iPhone and iPad chips. Both manufacturers have boosted capital expenditures to gain business from Apple and Qualcomm Inc in the more than $300bn semiconductor industry. The Apple order may lead to additional business, said Song Myung Sup, a Seoul-based analyst at HI Investment & Securities Co “If Globalfoundries quickly adopts Samsung’s most advanced technology and increases yield, it could also win orders from Qualcomm.” Kelly Yeo, a spokeswoman for Samsung, declined to comment. Kevin Kimbal, a Globalfoundries spokesman, said his company doesn’t comment on any customer relationships. Josh Rosenstock, an Apple spokesman, declined to comment. Elizabeth Sun, a spokeswoman for TSMC, declined to comment. Apple picked TSMC to produce A8 processors for the iPhone 6 and iPhone 6 Plus devices. Those agreements came as the relationship between Apple and Samsung soured because of legal disputes dating to 2011. Apple’s decision to turn back to the rival for supply of crucial components may vindicate Samsung’s investments in trying to grab the lead in manufacturing technology. Apple spent $25.8bn on chips last year, accounting for 7.6% of industry purchases, researcher Gartner Inc said. The Cupertino, California-based smartphone maker has yet to announce specifications or unveil a design for its next new iPhone. In the past, Apple has introduced interim versions denoted with an S, leading to speculation the next device out this year will be the iPhone 6s. Supplying chips for the iPhone and its own S6 smartphone will help Samsung turn its non-memory semiconductor business from a 1tn won ($914mn) loss last year to a 1tn won gain, said Song Japan welcomes another bull year of HI Investment.Samsung and TSMC said they would invest heavily this year to put advanced production capabilities in their plants, moves that analysts said were based on assumptions they would get orders from Apple. Taiwan Semiconductor, the world’s biggest contract manufacturer of chips, budgeted a record $12bn for plants and equipment. Chairman Morris Chang told investors in October that TSMC would lose ground to Samsung in the most-advanced chip technology before reclaiming the up- per hand in 2016.Whether Samsung can hold onto the contract exclusively may depend on how quickly TSMC can bring online more advanced production and the pricing that both companies are willing to offer Apple. The benefit of using one supplier – in Samsung’s case with the backup of Globalfoundries – comes from the cost savings in designing the chip to fit that chipmaker’s specific manufacturing technique and not having to replicate that work elsewhere. UBS AG estimates Samsung made $3.7bn in capital expenditures on its processor business last year and may raise that to $4.9bn this year. Samsung doesn’t disclose those figures, but executives said on a January 29 conference call the company will boost spending this year. Shares of Samsung closed flat at 1,434,000 won in Seoul today. The stock has risen 8.1% this year, compared with a 6.8% advance for the benchmark Kospi index. The company is spending $15bn on a new chip plant outside Seoul. Samsung partnered with Globalfoundries last year in the made-to-order chip business, an alliance targeting TSMC. Globalfoundries is licensing Samsung’s most advanced 14- nanometre processor technology, giving customers access to factories in Texas, New York state and South Korea. One nanometre, equal to one billionth of a metre, measures the size of connections within a chip. A lower number implies more advanced technology, allowing semiconductors to be smaller and more powerful. s the calendar ticks over to a new financial year in Japan, investors will be hoping the Nikkei 225 Index can deliver an encore performance to a rally that helped the benchmark notch up its best returns in nine years. The Nikkei delivered an impressive 31% return, including dividends, in the 12 months to March 31 as the Bank of Japan’s unconventional monetary policies and the Abe government’s fiscal stimulus helped stir modest signs of life in the world’s third largest economy. The Nikkei was the best performing major index in the first quarter when measured in US dollars. A handy boost to the annual returns came from the embrace of more shareholder friendly policies, with Nippon Steel pledging to raise payouts and Japan Post setting its dividend ratio at 50% in its upcoming IPO. Analysts expect the Nikkei to continue its advance in 2015 on hopes the Bank of Japan will unleash another round of ultraloose monetary policy despite signs of improved conditions in parts of the economy. The Tankan survey of business activity released on Wednesday showed an improved outlook among small and large companies compared to the fourth quarter last year. However, the Bank of Japan continues to be stalked by its long-time nemesis: very low inflation. In fact, core inflation, which removes the effect of energy and food prices, was zero in February. The lack of price pressures will annoy policymakers at the central bank who have set an inflation target of 2%. Stoking price pressures is a key component in the government plans to revive Asia’s second biggest economy, one that could use a decent dose of inflation to help address a debt-to-GDP ratio well in excess of 200%. It is the spectre of ongoing low-flation that has many economists pencilling in another round of quantitative easing from the central bank. Since the financial crisis the Bank of Japan has lagged the Federal Reserve in terms of expanding its balance sheet to engineer ultra-easy monetary conditions through purchases of government bonds and other assets. Hong Kong and Shanghai, future metals allies or rivals? By Andy Home London Yesterday the Shanghai Futures Exchange (SHFE) expanded its metals trading suite to include both nickel and tin. What is the preeminent trading venue for industrial commodities in China now boasts a base metals portfolio that fully matches that of the London Metal Exchange (LME), which dominates trading everywhere outside of China. In theory this should benefit both exchanges by stimulating arbitrage flows. And in theory it should also benefit Hong Kong Exchanges and Clearing (HKEx), which bought the LME in 2012 and which aims to leverage the LME franchise to replicate in the commodities space its Stock Connect mainland equities trading model. But there remains an ambivalence at the heart of this metals trading triangle. Are Hong Kong and Shanghai future collaborators or potential competitors in the world of metals pricing? The SHFE’s launch of nickel and tin futures fills an obvious gap in its base metals offering. But there remains a wide gulf between the Shanghai and London metals markets. The former is still in essence a Chinese market with just about all of its liquidity deriving from mainland players. SHFE metal prices are inclusive of the value-addedtax levied on imports and denominated in renminbi with all the accompanying constraints arising from China’s capital controls. The Shanghai market also has a significant retail investment user base, in stark contrast with the LME and its industrial and financial wholesaler clientele. That difference in user profile helps explain why some SHFE contracts fare better than others in terms of volumes. Copper, which is an investment favourite the world over, is the highest-volume base metal traded on the SHFE. Zinc comes in second, largely because its relatively low price appeals to Chinese retail punters. Aluminium and lead, by contrast, have low retail investment appeal, whether in China or anywhere else, and SHFE volumes are dwarfed by the equivalent LME contracts, where only the biggest investment players dare to venture. Even attempting the sort of volume comparison shown in the graphic above is tricky given the differing formats and methodologies used by the two markets. The figures, for example, exclude LME options turnover because there is no options trading on the SHFE. The SHFE volume figures are a double-count because of the SHFE’s practice of counting both buy and sell as separate volume contributors. The LME volume figures, meanwhile, are as arcane as the London market’s trading system with its multiple prompt dates and tiered membership structure. Broadly speaking, the two markets are best viewed as two complementary trading systems with arbitrageurs offering a degree of connectivity, albeit one constrained by the obvious technical hindrances. It is precisely this gap between the international and Chinese metals markets that HKEx is looking to fill, building on its existing role as a renminbi gateway between China and the rest of the world. The template is already there in the Stock Connect link-up with the Shanghai stock exchange. Launched in November last year, it has just passed another milestone with record “southbound” (mainland to Hong Kong) trading turnover of HK$5,593mn yesterday. The glittering prize for HKEx would be to achieve something similar in terms of connecting China, the largest consumer and in many cases the largest producer of base metals, with the international metals market-place. For China it would mark another step towards eventual renminbi convertibility and a transition from resented price-taker to coveted price-setter status. For the trading community outside of China it would represent the opening up of what is the world’s biggest player in all things metallically tradable. Hong Kong’s unique status, enshrined in Deng Xiaoping’s “one country, two systems” description, makes it the obvious connector, according to HKEx Chief Executive Charles Li. “’One country, two systems’ is our core competitive advantage,” he wrote in a June 2013 blog. “Without the ‘one country’, Hong Kong would not have the opportunity to support the Mainland. Without the ‘two systems’, Hong Kong would be no different from other Mainland cities.” (Charles Li Direct, June 28, 2013) It would, he argued, be a win-win situation for mainland markets such as SHFE. “We do not intend to take away business from our Mainland peers. Rather, we are interested in cooperation and creating new markets and new opportunities together.” The intriguing question, though, is whether SHFE agrees, or whether metals will be just another battleground in a centuries-old trading rivalry between Shanghai and Hong Kong. Shanghai is itself pursuing its own internationalisation agenda, most obviously in the form of the Shanghai Free Trade Zone (FTZ), established in 2013 as a testing ground for financial reform. Another connector path to the international market-place has been opened up by the Shanghai Gold Exchange, located in the FTZ and the first Chinese exchange to explicitly target foreign participation. When it comes to base metals, Shanghai’s ambivalence about its relationship with the London market, and by association, with its Hong Kong peer, is encapsulated in the thorny issue of warehousing. The LME lobbied long and hard to extend its warehousing network into mainland China as a way of smoothing and encouraging arbitrage between it and the SHFE. The latter evidently did not see this as a “win-win situation” and the China Securities Regulatory Commission decreed a ban on the listing of overseas exchange warehouses. A ban which remains in place to this day. wAnd while the ban is still there, there remains a high degree of uncertainty as to SHFE’s place in the grand scheme of metals trading envisaged by HKEx’s Li. The launch of nickel and tin futures to match the base metals portfolio traded on the London Metal Exchange maintains rather than resolves that uncertainty. Andy Home is a columnist for Reuters. The opinions expressed here are those of the author. Gulf Times Saturday, April 4, 2015 3 BUSINESS China’s job growth hits 10-month low in March Reuters Beijing Agreement on new bank rules faces delay Reuters Tokyo E fforts to protect the world’s banks from interest-rate risks are bogged down, with an agreement on new rules likely to be delayed by at least several months, people involved in the discussions said. Basel Committee negotiators have reached an impasse on the rate-risk requirements, two people involved in the process told Reuters, with Britain and Germany seeking requirements for banks to increase their capital, whereas the US and Japan argue that the issue should continue to be left to local regulators. “As the discussions are going now, reaching an agreement looks difficult,” one source said of the talks in the Swiss financial centre. As part of the response to the 2007-2009 financial crisis, the Basel Committee of banking supervisors has been toughening rules such as requirements for stronger capital buffers to prevent or combat future crises. They are also planning rules to ensure banks can withstand sharp moves in interest rates, which are at historic lows around the world. The issue takes on particular significance as the Federal Reserve is expected to raise US interest rates in coming months, with potential ripple effects for banks and markets worldwide. But as the banking crisis fades in memory, only to be replaced by a lingering economic slowdown, governments are losing interest in financial reform and focusing on economic growth, despite warnings that dangers still lurk. Mark Carney, governor of the Bank of England and chairman of the Financial Stability Board global regulator body, expressed concern in February about “reform fatigue. Reuters Shanghai C C hina’s services sector expanded in March even as growth in employment and new business fell to their lowest in at least eight months, a private survey showed yesterday, in yet another sign that the weak Chinese economy may need more policy aid. The HSBC/Markit China Services Purchasing Managers’ Index (PMI) inched higher to 52.3 in March, compared with February’s 52.0, and above the 50-point level that separates growth from a contraction in activity on a monthly basis. But the marginal expansion was offset by lacklustre growth in employment, which fell to a 10-month trough of 51.1. Growth in new businesses was at an eight-month low. “Chinese manufacturers and service providers both managed only modest increases in output at the end of the first quarter,” said Annabel Fiddes, economist at Markit, adding that data “suggests that relatively weak client demand had dampened growth across both sectors”. Fiddes said service sector companies “took a more cautious approach to hiring, raising their staff numbers only slightly over the month, while job shedding accelerated across the manufacturing sector”. The services survey resonates with three other PMIs released earlier this week that showed stubborn weakness in China’s factory and services sectors last month, adding to bets that Beijing will have to increase policy support to avoid a sharper downturn. Slugged by a cooling property sector – where prices fell at a record pace last month – and a slowdown in exports and investment, China’s economic growth is expected to slip to around 7% this year, the worst in a quarter of a century. Even the services sector, one of the rare bright spots in the world’s second-largest economy last year, appears have finally succumbed to the broader economic downdraft, judging by the recent patchy performance in the PMI. Indeed, HSBC/Markit noted that business confidence in the sector was well below the historical average in March. To stoke growth, many economists expect China to further cut interest rates this year, reduce the amount of reserves that banks must hold and unveil additional measures to help the weakest sectors such as the housing market. Regulators on Monday cut downpayment requirements for home buyers for the second time in six months. The last time China relaxed banks’ reserve re- Beijing firm faces bond default Employees work on the assembly line at Hon Hai Group’s Foxconn plant in Shenzhen, Guangdong province. Chinese manufacturers and service providers managed only modest increases in output at the end of the first quarter, said an economist at Markit yesterday. quirements was on Feb. 4, three days after an official survey of the factory sector showed activity unexpectedly shrank to a 2-1/2-year low. As China remakes its economy to boost domes- tic demand and reduce reliance on exports and manufacturing, services are an increasingly important growth pillar. It has accounted for the bigger part of China’s economic output for at least two years, with its share rising to 48.2% last year, compared with the 42.6% contribution from manufacturing and construction. loud Live Tech Group, a troubled Chinese Internet technology firm, is in danger of defaulting on 240mn yuan of interest and principal payments due to bond investors on April 7, the firm announced late Thursday. If the firm does default it would be only the second time a listed Chinese company has done so following a similar default by Chaori Solar in 2014. However, the Chaori default, initially hailed as a major step forward in rationalising the price of credit in China by allowing companies to default on bonds, ended up with a bailout for investors, raising the question of whether China’s political system has the will to force bond investors to take heavy losses when borrowers default. Cloud Live Tech posted a notice April 2 on the Shenzhen Stock Exchange website, saying trading in Cloud Live Tech’s stock and bonds was suspended as of April 2, but will resume on April 7 if the firm is able to make the payment. The Chaori Solar default was resolved by a local governmentled bailout which resulted in a consortium of nine firms investing in the company to restructure its debt, and a partial guarantee of outstanding bond issues by two other firms, including state-owned China Great Wall Asset Management. Chinese interbank bond prices fell and yields spiked after the initial Chaori Solar default announcement and the spread between high- and low-rated corporate debt also widened. Both fell back, however, following the bail-out announcement in October. So far the bond market reaction to Cloud Live Tech’s announcement has been more muted. Oasis eyes Kyocera, Canon after Nintendo win Bloomberg Hong Kong O asis Management, the Hong Kong-based activist fund that called for the changes unveiled last month by Nintendo, is turning its attention to Kyocera Corp and Canon Inc. Oasis owns about 1% of Kyocera’s voting rights, according to a letter to the fund’s investors obtained by Bloomberg. It’s urging the Kyoto-based manufacturer to return cash to shareholders by selling its stake in Japan Airlines Co and “greatly” reducing holdings of KDDI Corp, and to restructure its solar business, the March 26 letter says. Oasis is calling for Canon to take private two listed subsidiaries. Oasis is the latest fund to push for change at Japanese companies, after Daniel Loeb’s Third Point pressed ro- bot-maker Fanuc Corp in February to buy back shares and communicate more with investors. Seth Fischer, founder and chief investment officer of Oasis, writes in the letter that businesses are more receptive to ways to boost returns as the government takes steps to improve corporate governance. “Why do we think they will listen to us? We are not the first investor to ask,” Fischer writes in the letter, referring to Kyocera. “This time, however, it is not just us as foreign investors who are asking but the full force of the domestic establishment.” Prime Minister Shinzo Abe is seeking to increase return on equity at Japan’s companies. The nation introduced a stewardship code last year, intended to get institutional investors to urge companies to use capital more efficiently. The regulator and the Tokyo bourse are starting a governance code for companies in June to complement these principles. A government-backed stock index that picks members for their ROE and profitability began in 2014. Successful activist investing has been a long time coming in Japan, where efforts by Steel Partners, the Children’s Investment Fund Management UK and others have been largely rebuffed. Fanuc’s shares jumped 13% on March 13 after the Nikkei newspaper reported the secretive manufacturer will consider ways to increase investor returns and start a shareholder-relations department. Nintendo surged 36% over two days in March after saying it would partner with DeNA Co to develop games for mobile devices. Oasis had previously called for the Kyoto-based company to broaden its focus from consoles to smartphones. Kyocera had a 13% stake in wireless operator KDDI as of September 30, according to data compiled by Bloomberg. It owned 2.1% of Japan Airlines, the data show. Selling the Japan Airlines stake, cutting holdings of KDDI and returning cash to shareholders would boost Kyocera’s return on equity, the Oasis letter says. The company’s ROE stood at 4.6% at the end of December, compared with 8.3% for the benchmark Topix index, Bloomberg data show. More can be done to stem losses in Kyocera’s solar business, where lower feedin tariffs in Japan and Chinese competition are curbing returns, Fischer wrote in the letter. Canon should take private Canon Electronics Inc and Canon Marketing Japan Inc, he wrote. Canon owns controlling stakes in Canon Electronics, which makes components, and Canon Market- ing, which distributes the finished products, data compiled by Bloomberg show. Parent-child listings are considered “ripe for abuse and represent bad corporate governance,” according to the letter. “Canon’s current financial standing and that of its listed subsidiaries puts the company in good stead to correct the current governance anomaly.” Elly Yoshikawa, a spokeswoman for Kyocera, said the company had received a letter from Oasis. She declined to comment on the contents, citing company policy, and said Kyocera isn’t aware if Oasis owns its shares. Jun Misumi, a spokesman for Canon, said the media department isn’t aware of any action by Oasis.A spokesman for Oasis declined to comment on the content of the investor letter. The Financial Times reported some of the details of the letter on March 29. Hard money, soft standards? Tough questions for China’s new bank AFP Beijing China scored a diplomatic coup by enticing almost 50 countries including key US allies to join its new development bank. But analysts say authoritarian Beijing now faces a daunting task managing a multilateral institution for the first time, with members ranging from the Netherlands to Nepal. By Tuesday’s deadline to seek founding membership of the $50bn Asian Infrastructure Investment Bank (AIIB) a total of 49 countries and Taiwan had applied, the finance ministry and governments said. They include four of the five permanent members of the UN Security Council, 18 out of 34 members of the Organisation for Economic Co-operation and Development (OECD) and all 10 members of the Association of Southeast Asian Nations (Asean). Conspicuous by their absence are the US and Japan. China already has leading roles in the Shanghai Cooperation Organisation that links it with Russia and Central Asian countries, and the Brics group of emerging economies – which also comprises Brazil, Russia, India and South Africa. But the AIIB “is on a whole different level”, said Christopher Balding, of Peking University’s HSBC Business School. “This is a lot more money, this is countries that have a lot more influence and expect to be taken a lot more seriously.” The signatories include countries closely tied to China such as Kazakhstan and Myanmar, but also some of Washington’s biggest allies – Germany, Britain, France, Italy and Australia. With democratic and market systems they will have strong views on issues such as the environment, human rights, corruption and efficient lending. China has basked in the enthusiastic acceptances of its invitations despite US opposition, but the victory could end up a case of “be careful of what you wish for”, Balding added. “The more countries like this that you bring on board, the tougher it’s going to be for you to control and the more input those people are very reasonably going to expect to have,” he told AFP. The Global Times newspaper, affiliated with the ruling Communist Party mouthpiece People’s Daily, acknowledged as much on Wednesday, saying in an editorial: “The more countries and regions join, the harder it will be for us to achieve a consensus in the future.” Reports said a key part of Beijing’s appeal was a willingness to give up veto power over the bank’s decisions – which it said it was not seeking. ANZ economists said the AIIB could offer “a new approach for Asia’s infrastructure financing”, with “more transparent and well-developed practice and policies from advanced economies”. But there are enduring concerns over the openness of a bank helmed by China - which is led by an authoritarian Communist Party embroiled in endemic corruption - and whether Beijing will want to use it to push its own geopolitical and economic interests as a rising great power. Asia will need vast transport, power and telecommunications networks in coming decades, costing far more than existing multilateral lenders such as the US-led World Bank and the Japan-led Asian Development Bank (ADB) are considered able to deliver. An ADB study once estimated infrastructure spending demand at $8tn between 2010 and 2020. Under President Xi Jinping China, the world’s second-largest economy, is pushing to build on the ancient Silk Road trade routes on land and sea, a “One Belt, One Road” initiative expected to be part-funded by the AIIB. “Beijing is clearly pursuing economic statecraft in a big way, centring its foreign policy on the strategy of what I’ve called ‘Talk softer and carry a large purse’,” said Damien Ma, an expert at The Paulson Institute in Washington. The approach is built around a “grandiose vision of recreating the old Silk Road trading routes to further integrate Eurasia economically”, he said in an email. “All the newly formed entities, AIIB, Silk Road Fund, Brics Bank etc, should be viewed as vehicles that will support this ambitious endeavour in one form or another.” China insists it has no ulterior or selfish motives. “The AIIB is a mutually beneficial initiative and is a beneficial complement to the existing international economic order,” vice finance minister Shi Yaobin said in a statement, promising it will be built “in an open, transparent and highlyefficient manner.” The AIIB could erode the role of the World Bank and the ADB. The US and Japan have so far refused to apply, with Tokyo’s Chief Cabinet Secretary Yoshihide Suga saying it remains “dubious” about governance. US Treasury Secretary Jacob Lew said in Beijing that Washington was still concerned over standards, adding: “The initial decisions of what kinds of projects are invested in will obviously be a very important signal as to how it will proceed.” Given China’s experience so far, such caution may be warranted. “The record of Chinese lending to places like Africa and Latin America, let’s just say is chequered at best, whether investing in projects that have either essentially defaulted or are very tenuous,” said Balding, citing a multibillion-dollar deal for Venezuelan oil in particular. Ultimately, some say that Beijing recognises the need for a strong Western contribution. Gulf Times Saturday, April 4, 2015 4 BUSINESS Nissan pledges self-driving cars in Japan in 2016 AFP Tokyo The boss of Nissan wants to put selfdriving cars on Japan’s roads next year, and says they will be able to navigate busy urban environments on their own by 2020. Carlos Ghosn, chief executive, said formidable technological and legal challenges remain but that the direction of travel was plain. “There will be a Nissan product in Japan, which will carry autonomous drive,” he told reporters on Thursday at the New York International Auto Show. “Obviously when you have this kind of technology, you want also the Japanese market to enjoy it as soon as possible.” A five-year tie up with Nasa on the technology would see the initial roll out by December 2016, with cars that can drive on highways without anyone at the wheel. In 2018, models should have the ability to avoid hazards and to change lanes, and by 2020, vehicles should be able to autonomously manoeuvre through crowded city roads. “It’s going to happen step by step, because we need to make sure that the regulators in the different countries feel comfortable,” Ghosn said, according to Kyodo News. “To persuade the regulators that you can take your hands off the wheel or your eyes from the road is going to take a lot of demonstration.” Nissan, Japan’s second biggest automaker, is also looking at working with domestic rivals Toyota and Honda on the technology. Reports in February said the three are planning to team up with electronics giants and the government in a bid to propel the country into the front ranks of selfdriving cars. The move is part of a government initiative to support domestic industries as competition in the field intensifies globally, with Google testing its own car and Apple also reported to be working on such a vehicle. The Japanese government has set up a panel to look at the legal issues surrounding autonomous cars, which under current laws are not allowed on public roads. One of the key factors is that of who bears responsibility in the event of an accident when a car is driving itself. Advocates of self-driving cars say they could help reduce the number of crashes on the roads because they remove the potential for human error. Ghosn: Planning to team up with electronics giants. Toyota set to resume plant building after three years’ hiatus Dow Jones Nagoya, Japan Bloomberg Sydney T oyota Motor is set to start building plants again following a three-year freeze, spending around $1.25bn on factories in Mexico and China, people familiar with the matter said yesterday. The plants are likely to start operating around 2018 or 2019 and will expand Toyota’s production capacity by several hundred thousands of vehicles, the people said. An official decision is expected to be made later this month, they said. The world’s best-selling auto maker is finally shifting into expansion mode after a period of caution during which President Akio Toyoda called for an overhaul of manufacturing lines. Over the last several years, Toyota has been developing new manufacturing equipment and engineering technology that can be used to shrink the size of new plants and make some existing plants more efficient. The auto maker recently said it can cut initial plant investment by 40% compared with 2008 levels. “We are gradually starting to witness the next stage for new plants,” Toyoda told investors last month. He said the company had to make a “sweeping change” to “make our plants competitive, instead of merely pursuing volume.” Toyota aggressively built new plants in the early and mid-2000s, leaving it with excess capacity and high fixed costs after the global financial crisis. It hasn’t made a major investment in new factories since 2012, when it announced a new plant in Thailand. “We truly suffered. We rapidly expanded production, but there was no time for workers to think,” Mitsuru Kawai, a senior managing officer at Toyota, told reporters yesterday in Nagoya, central Japan. While Toyota froze its investments-a move it has called “a willful pause”-rivals including Volkswagen AG have expanded capacity to meet growing demand. Mexico has developed into an auto manufacturing hub that exports cars to the US, while China is the world’s biggest auto market. “In China, the European and US auto makers like General Motors are leading,” Tetsuo Ogawa, one of Toyota’s managing officers leading the China business, told reporters yesterday. He said Toyota holds a 5% to 6% share in the market and is putting priority on quality over sales growth. The Chinese auto market continues to grow, though the pace of gains is expected Australia’s record bond maturity flood in April to stoke demand R A model poses next to a Toyota Motor’s concept car FCV as a worker wipes the car at the Seoul Motor Show 2015 in Goyang. The world’s best-selling automaker is set to spend around $1.25bn on factories in Mexico and China, people familiar with the matter said yesterday. to slow this year. The China Association of Automobile Manufacturers said it expected passenger-vehicle sales to rise 8% to 21.3mn vehicles this year, compared with 9.9% growth in 2014 and a 16% increase in 2013. Toyota said last year that it was aiming to double sales in China to around two million vehicles. Toyota has been working on manufacturing lines that can be quickly adjusted in several hours or less to respond to changes in demand for various models. It has also developed more-efficient laser welding machines and press equipment that helps shorten lines. The new technology is expected to be introduced at the new plants as well as some existing factories. At the Myochi plant in central Japan, where Toyota makes power train-related parts and other components, one section has shrunk to 12 meters from 27 meters, Kawai said. Toyota has said it plans to manufacture 10.21mn vehicles in 2015 and sell 10.15mn vehicles, figures that include group companies Daihatsu Motor Co and Hino Motors. Toyota became the first auto maker world-wide to make and sell more than 10mn vehicles a year. But some analysts say Volkswagen, which has been aggressively expanding sales, could surpass the Japanese auto maker soon. ecord Australian dollar bond maturities will leave investors flush with cash in April, supporting demand even with yields at record lows. About A$37.4bn ($29bn) of Australian dollar-denominated notes were issued with due dates next month, the largest Aussie maturity on record, data compiled by Bloomberg show. Some of that debt was repaid early this month. The influx of cash comes as global appetite for higher- returning debt drives demand for Australian debt along with the prospect a slowing economy will spur more central bank interestrate cuts. The federal government took advantage with an A$4.25bn sale of 20-year notes last week at a 2.75% coupon that matches the lowest ever for the nation’s nominal bonds. “We certainly see the market receiving a lot of support from those maturities,” said Adam Donaldson, the Melbournebased head of debt research at Commonwealth Bank of Australia. “There’s a lot of coupon payments as well. And supply of high-grade bond paper is going to be quite limited.” The volume of Australian-dollar denominated-notes initially issued globally with April 2015 due dates compares with totals of A$35.3bn for June 2011 and A$34.6bn for May 2013, the biggest months previously seen, the data show. About A$32.2bn in April 2015 notes remain outstanding. Next month’s maturities include a 6.25% bond from the Australian federal government that has had as much as A$14.8bn in notes issued since it was first sold in 2002. The government last week retired early about A$3.47bn of the April 15, 2015, securities on the same day it sold its new 2035 bond, data compiled by Bloomberg show. The state of New South Wales also chose to retire last week A$300mn of its April 1 notes, leaving A$2.21bn outstanding, while Western Australia still has on issue A$2.3bn of its April 2015 line, having put as much as A$3.62bn of the bond into the market since 2007, the data show. Among provincial borrowers, South Australia also has A$2.3bn of notes coming due, while Tasmania needs to pay back A$982mn. The A$2.6bn owed by European Investment Bank is the largest Kangaroo bond set to expire in April, while Cooperatieve Centrale Raiffeisen-Boerenleenbank BA, Suncorp Group, General Electric Co and Telstra Corp are among companies paying back bonds. In addition to maturities, the supply of cash will also be boosted by interest payments to bondholders. Australia & New Zealand Banking Group estimates there will be largerthan-normal coupon payments of A$4.3bn from the federal government, state governments and sovereign-backed Kangaroo bond issuers, according to Sydney-based interest-rate strategist Martin Whetton. He sees the lump of maturities next month adding “significantly” to the average duration, or interest-rate sensitivity, of the Australian market. Whetton says that bolsters his expectations for lower yields and a flatter curve. Australia’s 10-year bond yield has declined 10 basis points this month to 2.36%. The threeyear yield has fallen seven basis points to 1.72% and touched a record low 1.71% on Monday in Sydney. “Previous big maturities, especially since the crisis, have tended to lead to a tightening of the Aussie-US bond spread,” David Goodman, head of global capital markets strategy at Westpac Banking Corp, said in Sydney on Monday. He said that the premium Australian 10-year yields offer over US Treasuries could eventually go to zero or invert from a spread of 40 basis points as of 5pm on Monday in Sydney. China eases rules for selling loans as asset-backed securities Bloomberg Beijing China relaxed rules for the sale of assetbacked securities, making it easier for banks to transform some of the country’s 85tn ($14tn) yuan of outstanding loans into tradable notes. Institutions no longer need to seek approval from regulators for each ABS sale, the People’s Bank of China said yesterday on its website. Those licensed by the China Banking Regulatory Commission to sell ABS will be able to determine the timing and location of the issuances after registering the amount of planned sales and their maturities with the CBRC, according to the new rules. China’s central bank was studying a system in which lenders could register for a two-year quota and multiple ABS sales, people familiar with the matter said in February. The rules announced today covering ABS sales on the interbank and exchange-traded markets said issuers can decide themselves how often they conduct sales and what the quotas will be. The rule change coincides with Premier Li Keqiang’s pledge last month to “make better use of existing funds” to support economic growth, which moderated last year to the slowest pace since 1990. Asset-backed securitisation, in which lenders package loans into collateral for note sales, can help banks make room on their balance sheets for new lending. “It will cause an explosive growth of China’s ABS market,” Zhou Hao, an economist at Australia & New Zealand Banking Group in Shanghai, said of the new rules. “It’s a very positive move for the banking system and the economy.” Chinese banks sold a total of 269.1bn yuan of securities backed by loans last year, compared with 15.8bn yuan in 2013, according to data compiled by Bloomberg. Year-to- date, the issuances have been 33.1bn yuan in 2015. Sales may increase to 1-2tn yuan a year as a result of the rule change, Zhou said. Under the old system, banks applying to issue ABS had to go through an examination and approval system that could take months, a key factor hindering growth of the ABS market. Expansion of China’s ABS markets also comes as the securities have attracted global regulatory scrutiny since the 2008 financial crisis, when loans to subprime home buyers in the US went bad. China resumed approvals of ABS in 2012 after having suspended an earlier trial in 2008. “It’s far too early to worry about any US-style ABS risks in China,” ANZ’s Zhou said. In a separate statement yesterday, the PBoC reiterated that it will maintain sufficient liquidity and ensure “reasonable growth” in credit and social financing, while increasing the share of direct financing and lowering financing costs. A pedestrian walks past the People’s Bank of China headquarters in Beijing. In a statement yesterday, the bank reiterated that it will maintain sufficient liquidity and ensure reasonable growth in credit and social financing, while increasing the share of direct financing and lowering financing costs. Gulf Times Saturday, April 4, 2015 5 BUSINESS DJIA WORLD INDICES Company Name Apple Inc Exxon Mobil Corp Microsoft Corp Johnson & Johnson Wal-Mart Stores Inc General Electric Co Jpmorgan Chase & Co Procter & Gamble Co/The Pfizer Inc Verizon Communications Inc Chevron Corp Walt Disney Co/The Coca-Cola Co/The Merck & Co. Inc. Visa Inc-Class A Shares Intl Business Machines Corp Home Depot Inc Intel Corp Cisco Systems Inc Unitedhealth Group Inc United Technologies Corp Boeing Co/The 3M Co Mcdonald’s Corp Goldman Sachs Group Inc Nike Inc -Cl B American Express Co Du Pont (E.I.) De Nemours Caterpillar Inc Travelers Cos Inc/The Lt Price 125.32 84.30 40.29 99.64 80.73 24.94 60.52 82.43 34.38 49.47 105.28 106.00 40.68 57.10 65.29 160.45 114.54 30.81 27.13 117.36 117.13 149.28 162.80 95.83 191.55 99.66 79.70 71.39 80.24 107.74 % Chg 0.86 -0.19 -1.06 0.49 0.02 0.40 0.95 0.13 0.15 1.12 0.47 0.53 0.00 0.42 0.17 0.80 1.25 0.00 -0.44 -0.08 1.04 0.43 0.17 -0.48 -0.35 0.11 0.98 0.58 0.75 0.59 32,220,131 11,297,401 37,487,476 6,097,146 5,795,731 29,213,060 12,697,771 6,169,838 25,111,848 13,344,199 5,123,901 3,651,641 14,343,102 7,583,525 5,083,011 4,671,578 4,065,097 20,909,633 19,527,211 2,497,135 4,227,259 2,934,194 1,852,617 6,614,276 2,296,301 1,920,221 5,695,160 8,865,572 3,556,034 1,105,581 FTSE 100 Company Name Wpp Plc Wolseley Plc Wm Morrison Supermarkets Whitbread Plc Weir Group Plc/The Vodafone Group Plc United Utilities Group Plc Unilever Plc Tui Ag-Di Travis Perkins Plc Tesco Plc Taylor Wimpey Plc Standard Life Plc Standard Chartered Plc St James’s Place Plc Sse Plc Sports Direct International Smiths Group Plc Smith & Nephew Plc Sky Plc Shire Plc Severn Trent Plc Schroders Plc Sainsbury (J) Plc Sage Group Plc/The Sabmiller Plc Rsa Insurance Group Plc Royal Mail Plc Royal Dutch Shell Plc-B Shs Royal Dutch Shell Plc-A Shs Royal Bank Of Scotland Group Rolls-Royce Holdings Plc Rio Tinto Plc Reed Elsevier Plc Reckitt Benckiser Group Plc Randgold Resources Ltd Prudential Plc Persimmon Plc Pearson Plc Old Mutual Plc Next Plc National Grid Plc Mondi Plc Meggitt Plc Marks & Spencer Group Plc London Stock Exchange Group Lloyds Banking Group Plc Legal & General Group Plc Land Securities Group Plc Kingfisher Plc Johnson Matthey Plc Itv Plc Intu Properties Plc Intl Consolidated Airline-Di Intertek Group Plc Intercontinental Hotels Grou Imperial Tobacco Group Plc Hsbc Holdings Plc Hikma Pharmaceuticals Plc Hargreaves Lansdown Plc Hammerson Plc Glencore Plc Glaxosmithkline Plc Gkn Plc G4s Plc Friends Life Group Ltd Fresnillo Plc Experian Plc Easyjet Plc Dixons Carphone Plc Direct Line Insurance Group Diageo Plc Crh Plc Compass Group Plc Coca-Cola Hbc Ag-Cdi Centrica Plc Carnival Plc Capita Plc Burberry Group Plc Bunzl Plc Bt Group Plc British Land Co Plc British American Tobacco Plc Bp Plc Bhp Billiton Plc Bg Group Plc Barratt Developments Plc Barclays Plc Bae Systems Plc Babcock Intl Group Plc Aviva Plc Astrazeneca Plc Associated British Foods Plc Ashtead Group Plc Arm Holdings Plc Antofagasta Plc Anglo American Plc Aggreko Plc Admiral Group Plc Aberdeen Asset Mgmt Plc 3I Group Plc #N/A Invalid Security Lt Price 1,539.00 4,019.00 195.70 5,255.00 1,737.00 222.20 938.00 2,856.00 1,213.00 1,964.00 244.30 153.20 480.00 1,076.50 956.00 1,508.00 620.00 1,116.00 1,147.00 997.00 5,160.00 2,097.00 3,223.00 260.40 469.90 3,616.00 428.20 442.40 2,126.50 2,024.50 349.60 943.50 2,751.00 1,156.00 5,832.00 4,790.00 1,679.50 1,650.00 1,436.00 227.40 7,055.00 876.90 1,306.00 550.50 554.00 2,484.00 79.08 281.20 1,259.00 362.80 3,395.00 251.00 349.70 598.50 2,529.00 2,626.00 3,131.00 582.30 2,195.00 1,162.00 667.50 280.75 1,569.50 360.70 298.80 423.50 691.50 1,130.00 1,844.00 416.10 319.60 1,890.50 1,762.00 1,183.00 1,279.00 253.20 3,310.00 1,115.00 1,715.00 1,855.00 442.90 838.50 3,577.00 442.85 1,431.50 852.90 523.00 254.75 524.50 985.00 553.00 4,645.00 2,866.00 1,082.00 1,099.00 718.00 997.00 1,568.00 1,551.00 464.90 484.20 0.00 % Chg 1.72 0.70 0.31 0.57 2.48 0.98 -0.16 1.53 0.17 0.31 0.43 -0.20 0.52 -0.51 1.32 0.33 -0.08 -0.09 1.33 1.01 -1.90 0.62 0.47 0.89 0.23 1.29 0.38 0.71 -0.26 -0.32 1.22 -0.68 -0.40 0.35 0.47 -0.23 0.27 0.18 -0.49 0.98 0.79 -0.18 0.54 0.36 4.43 1.51 -0.39 0.25 0.32 -1.41 0.24 -0.36 0.06 -0.25 0.64 -0.61 2.82 0.64 3.00 0.00 -0.07 -1.18 0.26 0.53 0.50 0.79 -1.21 0.80 -1.50 1.51 0.66 1.18 0.97 0.94 4.66 -0.63 1.60 0.00 -0.92 0.82 0.34 0.12 1.09 0.17 -2.62 0.18 0.38 2.19 0.10 -0.40 0.73 0.10 1.78 -0.46 0.37 -2.11 -1.92 1.10 0.71 0.19 1.42 0.00 Volume 3,352,515 479,401 6,254,489 302,992 941,806 42,690,525 1,468,075 1,884,275 446,138 400,301 20,514,959 14,107,671 5,848,085 5,558,860 826,382 2,439,217 1,209,891 1,372,560 2,775,407 2,260,876 2,272,426 595,748 270,765 5,633,516 1,441,801 1,491,291 3,219,288 1,400,834 3,479,449 2,819,298 8,928,286 4,994,210 5,609,194 4,403,793 1,021,428 652,852 2,606,552 969,235 2,640,163 7,273,531 322,211 5,807,357 990,218 1,441,607 17,553,938 860,736 99,901,518 9,710,634 1,284,548 10,729,220 375,617 19,978,759 1,244,048 5,444,644 265,972 568,395 5,145,656 21,648,644 477,099 702,359 2,173,674 25,864,106 5,346,846 3,497,068 2,220,597 3,709,912 1,396,893 1,708,400 996,131 2,624,682 3,480,340 3,292,802 1,655,579 2,476,576 746,784 9,725,911 746,678 1,553,316 1,524,324 571,651 15,847,806 1,771,991 2,238,426 20,899,148 7,614,690 9,752,150 3,499,842 38,046,988 5,645,016 1,195,092 8,961,867 1,546,086 584,916 1,732,839 2,802,093 2,317,060 7,662,642 710,441 429,165 2,768,100 1,056,077 - TOKYO Company Name Inpex Corp Daiwa House Industry Co Ltd Sekisui House Ltd Kirin Holdings Co Ltd Japan Tobacco Inc Seven & I Holdings Co Ltd Toray Industries Inc Asahi Kasei Corp Sumitomo Chemical Co Ltd Shin-Etsu Chemical Co Ltd Mitsubishi Chemical Holdings Kao Corp Takeda Pharmaceutical Co Ltd Astellas Pharma Inc Eisai Co Ltd Daiichi Sankyo Co Ltd Fujifilm Holdings Corp Shiseido Co Ltd Jx Holdings Inc Lt Price 1,311.00 2,424.00 1,777.00 1,601.00 3,892.50 5,065.00 999.00 1,159.00 616.00 7,701.00 711.30 6,108.00 5,933.00 1,954.50 8,320.00 1,871.50 4,412.00 2,245.00 463.70 % Chg 0.69 2.86 1.98 -0.19 0.87 -0.94 -0.03 1.05 0.98 -0.54 2.02 2.78 -0.20 1.16 -0.60 -0.43 1.98 1.63 0.69 Indices Volume Volume 4,386,600 2,520,100 4,764,600 2,637,700 2,441,400 2,424,800 5,466,000 3,280,000 5,677,000 825,500 7,387,300 2,028,500 2,100,700 5,664,900 1,771,600 1,327,000 3,384,600 1,668,400 8,672,800 Lt Price Change Dow Jones Indus. Avg S&P 500 Index Nasdaq Composite Index S&P/Tsx Composite Index Mexico Bolsa Index Brazil Bovespa Stock Idx Ftse 100 Index Cac 40 Index Dax Index Ibex 35 Tr 17,763.24 2,066.96 4,886.94 15,026.62 44,202.94 53,123.02 6,833.46 5,074.14 11,967.39 11,634.00 +65.06 +7.27 +6.71 +84.07 +478.16 +801.26 +23.96 +11.92 -33.99 +64.20 Nikkei 225 Japan Topix Hang Seng Index All Ordinaries Indx Nzx All Index Bse Sensex 30 Index Nse S&P Cnx Nifty Index Straits Times Index Karachi All Share Index Jakarta Composite Index 19,435.08 1,564.16 25,275.64 5,869.74 1,152.07 28,260.14 8,586.25 3,453.75 22,270.03 5,456.40 +122.29 +9.99 +192.89 +36.83 -1.26 +302.65 +95.25 +6.73 +102.79 -10.47 TOKYO Company Name Bridgestone Corp Asahi Glass Co Ltd Nippon Steel & Sumitomo Meta Sumitomo Metal Industries Kobe Steel Ltd Jfe Holdings Inc Sumitomo Metal Mining Co Ltd Sumitomo Electric Industries Smc Corp Komatsu Ltd Kubota Corp Daikin Industries Ltd Hitachi Ltd Toshiba Corp Mitsubishi Electric Corp Nidec Corp Nec Corp Fujitsu Ltd Panasonic Corp Sharp Corp Sony Corp Tdk Corp Keyence Corp Denso Corp Fanuc Corp Rohm Co Ltd Kyocera Corp Murata Manufacturing Co Ltd Nitto Denko Corp Mitsubishi Heavy Industries Nissan Motor Co Ltd Toyota Motor Corp Honda Motor Co Ltd Suzuki Motor Corp Nikon Corp Hoya Corp Canon Inc Ricoh Co Ltd Dai Nippon Printing Co Ltd Nintendo Co Ltd Itochu Corp Marubeni Corp Mitsui & Co Ltd Tokyo Electron Ltd Sumitomo Corp Mitsubishi Corp Aeon Co Ltd Mitsubishi Ufj Financial Gro Resona Holdings Inc Sumitomo Mitsui Trust Holdin Sumitomo Mitsui Financial Gr Bank Of Yokohama Ltd/The Mizuho Financial Group Inc Orix Corp Daiwa Securities Group Inc Nomura Holdings Inc Sompo Japan Nipponkoa Holdin Ms&Ad Insurance Group Holdin Dai-Ichi Life Insurance Tokio Marine Holdings Inc T&D Holdings Inc Mitsui Fudosan Co Ltd Mitsubishi Estate Co Ltd Sumitomo Realty & Developmen East Japan Railway Co West Japan Railway Co Central Japan Railway Co Ana Holdings Inc Nippon Telegraph & Telephone Kddi Corp Ntt Docomo Inc Tokyo Electric Power Co Inc Chubu Electric Power Co Inc Kansai Electric Power Co Inc Tohoku Electric Power Co Inc Kyushu Electric Power Co Inc Tokyo Gas Co Ltd Secom Co Ltd Yamada Denki Co Ltd Fast Retailing Co Ltd Softbank Corp Lt Price 5,000.00 782.00 295.30 0.00 223.00 2,663.00 1,733.50 1,563.00 36,705.00 2,434.00 1,983.00 8,164.00 831.40 512.40 1,467.50 8,194.00 364.00 818.20 1,565.50 231.00 3,450.00 8,630.00 65,570.00 5,486.00 26,665.00 8,320.00 6,560.00 17,000.00 7,850.00 667.10 1,229.00 8,426.00 3,995.50 3,667.00 1,638.00 4,879.50 4,401.50 1,312.50 1,182.50 18,245.00 1,273.50 694.90 1,586.50 8,288.00 1,302.00 2,420.00 1,365.00 771.40 605.60 500.40 4,648.00 716.40 213.90 1,740.00 960.90 720.00 3,836.00 3,440.00 1,818.00 4,656.50 1,714.50 3,662.00 2,865.00 4,517.00 10,185.00 6,511.00 22,660.00 326.80 7,545.00 2,805.00 2,128.00 455.00 1,435.00 1,138.00 1,357.00 1,132.00 779.90 8,110.00 485.00 47,610.00 6,965.00 % Chg 2.23 0.00 0.17 0.00 0.90 0.02 0.84 0.35 0.62 0.66 2.19 0.37 0.05 -0.04 1.38 2.07 1.39 1.73 -0.32 0.00 3.42 1.53 0.28 1.86 -0.04 2.72 0.38 2.94 -0.47 0.66 0.45 0.58 1.40 1.12 0.92 -0.45 2.12 0.73 0.34 4.26 0.24 -0.17 -0.75 -0.13 0.19 -0.84 1.00 -0.21 -0.75 -0.46 -0.63 -1.05 -0.23 1.19 1.32 0.66 1.60 0.89 1.00 0.46 2.60 0.70 0.21 0.44 0.30 0.17 0.40 1.05 0.95 1.19 0.59 -0.44 -1.17 -0.87 -0.29 -0.88 1.18 0.75 0.21 1.05 -0.43 Volume 3,891,500 3,258,000 36,154,000 7,152,000 1,412,100 1,830,000 2,500,300 147,300 2,867,500 3,404,000 818,200 13,733,000 20,355,000 6,385,000 1,727,900 20,953,000 8,643,000 9,647,500 12,338,000 14,003,400 609,300 178,300 1,453,100 727,300 1,041,900 808,800 914,200 1,092,200 6,655,000 5,743,200 5,102,600 2,957,600 1,188,100 3,456,900 1,116,000 5,263,900 3,584,900 1,059,000 1,126,700 3,298,500 4,621,800 7,815,500 343,800 2,966,300 4,877,000 3,221,200 54,455,800 8,382,500 10,177,000 6,390,400 3,518,000 104,339,300 5,205,600 19,854,000 14,491,100 997,400 931,900 4,342,100 1,666,700 3,907,700 3,089,000 3,213,000 1,873,000 821,100 686,500 345,200 13,615,000 1,366,300 3,779,700 3,841,700 6,139,100 1,021,500 2,089,100 961,000 1,718,700 6,418,000 438,100 3,534,000 511,000 4,829,900 SENSEX Company Name Zee Entertainment Enterprise Yes Bank Ltd Wipro Ltd Ultratech Cement Ltd Tech Mahindra Ltd Tata Steel Ltd Tata Power Co Ltd Tata Motors Ltd Tata Consultancy Svcs Ltd Sun Pharmaceutical Indus State Bank Of India Sesa Sterlite Ltd Reliance Industries Ltd Punjab National Bank Power Grid Corp Of India Ltd Oil & Natural Gas Corp Ltd Ntpc Ltd Nmdc Ltd Maruti Suzuki India Ltd Mahindra & Mahindra Ltd Lupin Ltd Larsen & Toubro Ltd Kotak Mahindra Bank Ltd Itc Ltd Infosys Ltd Indusind Bank Ltd Idfc Ltd Idea Cellular Ltd Icici Bank Ltd Housing Development Finance Hindustan Unilever Ltd Hindalco Industries Ltd Hero Motocorp Ltd Hdfc Bank Limited Hcl Technologies Ltd Grasim Industries Ltd Gail India Ltd Dr. Reddy’s Laboratories Coal India Ltd Cipla Ltd Cairn India Ltd Bharti Airtel Ltd Bharat Petroleum Corp Ltd Bharat Heavy Electricals Bank Of Baroda Bajaj Auto Ltd Axis Bank Ltd Asian Paints Ltd Ambuja Cements Ltd Acc Ltd Lt Price 340.85 847.75 633.20 2,883.70 632.70 323.65 77.50 564.90 2,542.65 1,081.15 273.45 190.15 836.05 151.95 146.45 306.45 147.75 128.65 3,644.70 1,202.10 2,037.50 1,734.25 1,361.05 332.45 2,173.95 925.25 172.70 189.65 323.15 1,337.05 883.50 132.20 2,655.85 1,033.25 940.85 3,694.05 384.80 3,533.65 363.00 709.60 213.35 402.30 804.20 230.70 168.90 2,019.80 569.65 821.70 260.25 1,585.90 % Chg -0.26 3.92 0.69 0.20 0.48 2.18 0.52 2.67 -0.44 5.59 2.40 0.34 1.22 5.23 0.83 0.03 0.61 -0.08 -1.42 1.20 1.45 0.85 3.64 2.03 -2.00 4.43 3.44 3.07 2.42 1.62 1.14 2.48 0.61 1.03 -4.03 1.98 -0.77 1.29 0.03 -0.40 -0.23 2.29 -0.81 -1.98 3.30 0.16 1.69 1.28 1.94 1.48 Volume 2,358,107 3,154,013 1,258,599 603,255 5,021,883 3,736,730 3,262,165 4,643,076 1,212,559 4,384,788 13,566,560 3,238,572 3,589,107 7,747,967 1,628,769 2,444,335 3,238,089 1,277,384 754,702 749,947 809,727 1,107,614 538,416 7,584,145 1,842,745 1,068,933 5,738,738 10,325,477 8,971,018 1,550,066 915,986 7,939,748 387,809 1,018,409 4,418,586 44,088 1,528,927 308,923 1,513,234 1,820,730 1,009,966 5,970,362 1,152,932 3,828,388 3,336,354 220,101 4,210,630 968,257 1,390,513 185,301 Traders monitor transactions at the Hong Kong Exchanges & Clearing in Hong Kong. The Hong Kong Exchange said it would help investors prove their ownership of mainland stocks. Hong Kong Exchange pledges to defend investors in China Bloomberg Hong Kong H ong Kong Exchanges & Clearing said it will help international investors defend their ownership rights should problems arise amid concerns about Chinese legal protections for shareholders. The bourse amended its clearing rules last month, committing to provide certificates of ownership to investors who bought shares through Hong Kong’s exchange link with Shanghai. HKEx said it would also help investors prove their ownership of mainland stocks. “These amendments to the rules will reinforce the interests of foreign investors,” said Marc-Andre Bechet, a legal director at the Association of the Luxembourg Fund Industry. Luxembourg is a home for investment funds with about $3.7tn in net assets, according to ALFI. The changes “will be definitely welcomed by investment managers.” International funds need tangible proof they actually own the shares they’ve purchased. Such assurances had been unclear with the bourse link, established last year to give foreigners unprecedented access to the Chinese equity market. In a December report, the Asia Securities Industry & Financial Markets Association said there was no clear system for confirming who owns Chinese stocks purchased through the Hong Kong exchange. “Funds in the US and Europe need to show that they’ve got good ownership title, they need to be able to enforce their shareholder rights,” James Fok, HKEx’s head of global strategy, said in an interview. “We are very comfortable with the fact that an investor holding their shares through HKSCC as a nominee has full and good legal title to their shares in the mainland.” HKSCC stands for Hong Kong Securities Clearing Co, which is HKEx’s clearing entity. Executives from HKEx met fund managers from Luxembourg and Ireland last month to discuss investment through the link. Luxembourg’s financial regulator has given eight funds permission to use the program, according to Patrick Hommel, a member of the secretariat HONG KONG HONG KONG Company Name Aluminum Corp Of China Ltd-H Bank Of East Asia Bank Of China Ltd-H Bank Of Communications Co-H Belle International Holdings Boc Hong Kong Holdings Ltd Cathay Pacific Airways Ck Hutchison Holdings Ltd China Coal Energy Co-H China Construction Bank-H China Life Insurance Co-H China Merchants Hldgs Intl China Mobile Ltd China Overseas Land & Invest China Petroleum & Chemical-H China Resources Enterprise China Resources Land Ltd China Resources Power Holdin China Shenhua Energy Co-H China Unicom Hong Kong Ltd Citic Ltd Clp Holdings Ltd Cnooc Ltd Cosco Pacific Ltd Esprit Holdings Ltd Fih Mobile Ltd Hang Lung Properties Ltd Hang Seng Bank Ltd Henderson Land Development general at the Commission de Surveillance du Secteur Financier. Officials from the Central Bank of Ireland also met HKEx representatives, and the nation’s financial regulator may soon grant its first approval to a fund to invest through the link, according to the Irish Funds Industry Association. The IFIA’s Chief Executive Officer, Patrick Lardner, welcomed the changes, saying that they may encourage fund managers to start investing through Stock Connect. Proving ownership of Chinese shares is so far the biggest outstanding issue that prevents many investors from using the link, said Ben Valentine, the head of pan-Asia electronic execution at Citigroup in Hong Kong. Global investors have purchased about 41% of the aggregate 300bn yuan ($48.4bn) quota of shares available through the link. “Make no mistake, China is the market people are focused on,” Valentine said. “Based on the assumption that all this stuff gets resolved, it’s just going to be a bigger uptick in terms of the volume that we are going to see going into China.” Lt Price 4.17 30.90 4.62 6.76 9.14 28.10 18.56 159.40 4.43 6.56 34.95 30.70 102.80 26.15 6.23 15.20 22.55 20.10 20.35 12.90 13.78 65.45 11.18 10.66 7.81 4.13 22.15 140.60 55.40 % Chg 4.77 0.00 1.09 0.60 2.01 0.36 0.11 0.13 2.07 1.08 0.58 1.15 1.38 1.16 0.65 -0.13 1.35 0.25 2.16 3.53 2.38 -0.98 1.27 2.90 -0.13 0.98 0.68 -0.28 -0.81 Volume 54,507,878 3,797,531 432,501,154 49,775,161 13,323,781 7,324,463 5,302,210 2,836,215 41,418,839 339,814,402 49,317,271 5,431,306 18,324,486 38,274,032 138,763,016 8,020,442 14,688,215 7,951,898 21,804,944 68,600,330 24,546,503 5,466,245 66,981,879 12,132,000 18,318,964 15,288,114 4,865,180 1,085,782 2,628,581 Company Name Hong Kong & China Gas Hong Kong Exchanges & Clear Hsbc Holdings Plc Hutchison Whampoa Ltd Ind & Comm Bk Of China-H Li & Fung Ltd Mtr Corp New World Development Petrochina Co Ltd-H Ping An Insurance Group Co-H Power Assets Holdings Ltd Sino Land Co Sun Hung Kai Properties Swire Pacific Ltd-A Tencent Holdings Ltd Wharf Holdings Ltd Lt Price 17.96 196.00 67.00 108.70 5.85 7.59 37.55 9.14 8.75 93.15 77.70 12.70 121.00 105.70 149.80 55.25 % Chg 0.56 0.26 0.68 0.28 1.56 -0.52 1.21 0.66 1.39 -1.38 -1.02 0.47 1.26 -0.47 1.22 1.38 Volume 7,787,767 9,075,569 15,083,394 2,877,217 434,091,342 17,012,949 5,663,855 23,171,292 86,819,597 27,549,484 3,115,487 2,109,822 3,665,809 2,000,898 14,679,077 5,025,502 GCC INDICES Indices Doha Securities Market Saudi Tadawul Kuwait Stocks Exchange Bahrain Stock Exchage Oman Stock Market Abudhabi Stock Market Dubai Financial Market Lt Price 11,699.03 8,733.79 6,221.37 1,427.63 6,268.45 4,538.72 3,614.70 Change +168.02 -78.56 -15.15 +1.04 +27.99 +43.21 +82.92 “Information contained herein is believed to be reliable and had been obtained from sources believed to be reliable. The accuracy and completeness cannot be guaranteed. This publication is for providing information only and is not intended as an offer or solicitation for a purchase or sale of any of the financial instruments mentioned. Gulf Times and Doha Bank or any of their employees shall not be held accountable and will not accept any losses or liabilities for actions based on this data.” CURRENCIES DOLLAR QATAR RIYAL SAUDI RIYAL UAE DIRHAMS BAHRAINI DINAR KUWAITI DINAR 6 Gulf Times Saturday, April 4, 2015 BUSINESS/LEISURE Adam Peer-to-peer loans soar in US, challenging traditional banks AFP California J osh Smith, a 30-year-old blogger on finance, was in the midst of a career change in 2009 when he sought to refinance $8,000 in credit card debt. “At the time, I was making the transition to freelance,” he said. “When I asked the bank, they did not want to lend me the money because I was leaving a permanent position for freelance.” Smith turned to the online marketplace Lending Club and had a deal within six days. “Getting a peer-to-peer loan was incredibly simple,” he told AFP. Led by companies such as Lending Club, which went public in December, borrowing money from other individuals and groups via Internet marketplaces has surged in the US. The volume of loans made through intermediaries like Lending Club has jumped an average of 84% each quarter since 2007, according to PriceWaterhouseCoopers. Total loans reached $5.5bn in 2014 and are projected to hit $150bn or more in 2025, the accounting firm said in a February report. “Think of them as eBays for money,” Consumer Reports magazine said in January. “Just as eBay brings buyers and sellers together, peer-to-peer platforms bring borrowers in need of loans from $1,000 to $35,000 together with investors who want to earn better returns than those offered by banks.” Peer lending platforms can give borrowers better rates than conventional banks, while providing investors a higher yield in an era of low interest rates. The interest rate varies with the risk and generally falls between six and 12%. Prospective borrowers are vetted as they would be at conventional Pooch Cafe Garfield Bound And Gagged Mall Cinema (1): Komban (Tamil) 2.30pm: Cinderella (2D) 5pm: Fast & Furious 7 (2D) 7pm: Decor (2D) 9.30pm: Paper Planes (2D) 11.30pm. Mall Cinema (2): Komban (Tamil) 2pm: Home (2D) 4.30pm: Detective Byomkesh Bakshi (Hindi) 6.15pm: Fast & Furious 7 (2D) 9pm: The Canal (2D) 11.30pm. Mall Cinema (3): Bonta: Axel (The Biggest Little Hero) (2D) 2.30pm: Fast & Furious 7 (2D) 4 & 11pm: Paper Planes (2D) 6.30pm: 100 Days Of Love (Malayalam) 8.15pm. Cryptic Clues Sudoku Sudoku is a puzzle based on a 9x9 grid. The grid is also divided into nine (3x3) boxes. You are given a selection of values and to complete the puzzle, you must fill the grid so that every column, every row and every 3x3 box contains the digits 1 to 9 and none is repeated. Weekly’s Solutions ACROSS 1. It’s not often the present combines with the past (3,3,4) 7. A good shot, but the winner lost the point (5) 8. Defames a large number and gets into a row (7) 10. It brings insects to a sticky end (3-5) 11. I depart right after the operatic prince (4) 13. I’d call round, but not on foot (6) 15. Fatal delay, perhaps, involves a number (6) 17. They have good reason to renounce the world (4) 18. Stage a hunger-strike, and stick to it (4,4) 21. A number in Exeter possibly going too far (7) 22. It’s put in during games of tennis (5) 23. Groundless rumour that there’s unemployment? (4,6) The volume of loans made through intermediaries like Lending Club has jumped an average of 84% each quarter since 2007, according to PriceWaterhouseCoopers. banks, but the process is more rapid. The companies that serve as intermediaries typically charge between 0.5 and 5% of the sum borrowed. The market is booming for peerlending brokers as banks remain cautious about opening up their loan books in the wake of the 2008 crisis, and being pressed with tighter regulations. California-based Prosper Marketplace has facilitated $1bn in loans the last five months and is aiming for $3bn in 2015, said chief executive Aaron Vermut. “What I think changed after the crisis of 2008 is that the big banks really left a big vacuum in the lending space,” Vermut said. To limit the risk for lenders, companies like Lending Club and Prosper split loans among different investors. The default rate is three to four%, according to the website Lend Academy. Goldman Sachs said earlier this month that seven% of the bank industry’s annual $150bn profits could be at risk from new credit sources in the next five years. That is pressing conventional banks to refashion themselves to keep up with the new online competition. “Emerging players will force the incumbents to change competitive behaviour,” Goldman Sachs said. “We would expect pricing of products to adjust, driving potentially lower returns.” Nessa Feddis, a senior vice president at the American Bankers Association, said large banks would adjust if demand for alternative lending stays high. “The industry does not see it as a threat. It sees an opportunity,” she said. “Many of the banks are indirectly involved with peer-to-peer lending as lenders. Also banks, like other businesses, learn from the competition and evolve.” But Feddis said there was a need for regulators to ensure a “level playing field” between banks and the emerging class of financial players. For example, banks are kept to strict capital requirements not faced by alternative lenders. But that marks a big difference between the two approaches: peer lending platforms do not take deposits like banks to make their own loans, but are just brokers who take a fee for matching lenders and borrowers. Komban (Tamil) 10.45pm. Royal Plaza Cinema Palace (1): Detective Byomkesh Bakshi Cinema Land Mark (1): Paper (Hindi) 2.45pm: Fast & Furious 7 Planes (2D) 2.30 & 9.30pm: (2D) 5.30, 8 &10.30pm. Komban (Tamil) 4.30pm: Fast & Royal Plaza Cinema Palace (2): Furious 7 (2D) 7pm: The Canal Bonta: Axel (The Biggest Little (2D) 11.30pm. Hero) (2D) 3pm: Fast & Furious Cinema Land Mark (2): Bonta: 7 (2D) 4.30pm: Cinderella (2D) Axel (The Biggest Little Hero) 7pm: Paper Planes (2D) 9pm: (2D) 2.30pm: Fast & Furious 7 Detective Byomkesh Bakshi (2D) 4, 8.30 & 11pm: Cinderella (Hindi) 10.45pm. (2D) 6.30pm. Royal Plaza Cinema Palace (3): Cinema Land Mark (3): The Home (2D) 2.30pm: The Canal Canal (2D) 2.30pm: Home (2D) (2D) 4.30 & 11pm: Paper Planes 4.15pm: Decor (2D) 6.15 & 8.30pm: (2D) 6.30pm: Decor (2D) 8.30pm. Quick Clues DOWN 1. Nurse for a goat (5) 2. Decoration for the brave perhaps (3-5) 3. One issue or several (6) 4. Late edition story (4) 5. Not free to wed (7) 6. It’s not the same as a disagreement (10) 9. A miserable and penitent condition (5,5) 12. Plant holders? (8) 14. Indeed it’s not distinguished (7) 16. It’s worn by a woman for a dance (6) 19. Could be Poe’s a fabulous story-teller (5) 20. We are - or used to be (4) ACROSS 1. Playful (10) 7. Stir (5) 8. Compensation (7) 10. Ceaseless (8) 11. Couple (4) 13. Dry scholar (6) 15. Relent (6) 17. Additionally (4) 18. Limit (8) 21. Defame (7) 22. Put up (5) 23. Impolite (10) DOWN 1. Lucky shot (5) 2. Exaggerated (8) 3. Notch (6) 4. A few (4) 5. Nomad (7) 6. Victorious (10) 9. Reinforce (10) 12. Tormentor (8) 14. Scorn (7) 16. Lower (6) 19. Frigidly (5) 20. Chrysalis (4) Weekly’s Solutions QUICK Across: 6 Plaster; 7 Adult; 9 One; 10 Indolence; 12 Composition; 15 Temperature; 17 Reprieved; 19 Nip; 21 Berth; 22 Mention. Down: 1 Blank; 2 Use; 3 Mean; 4 Adventure; 5 Elector; 8 Cosset; 11 Co-operate; 13 Purged; 14 Deleted; 16 Minor; 18 Even; 20 Ate. CRYPTIC Across: 6 Curtain; 7 Kudos; 9 Ate; 10 Love-knots; 12 Performance; 15 Suit himself; 17 Architect; 19 Spa; 21 Relay; 22 Spartan. Down: 1 Quits; 2 Eta; 3 Lido; 4 Turntable; 5 Contact; 8 Pearls; 11 Went ahead; 13 Flirts; 14 Guarded; 16 Sprat; 18 Cope; 20 Art. 8 Gulf Times Saturday, April 4, 2015 BUSINESS Visa to miss deadline for new Russia payment system Reuters Moscow V Pedestrians walk past the World Bank headquarters in Washington. Russia faces a protracted recession as the impact of Western sanctions lingers and oil prices stay low, the World Bank said in a report. Moscow faces protracted recession: World Bank Reuters Moscow R ussia faces a protracted recession as the impact of Western sanctions lingers and oil prices stay low, the World Bank said in a report published last week. In its baseline scenario, the bank expected Russia’s gross domestic product to contract by 3.8% in 2015 and a further 0.3% in 2016, describing medium-term growth prospects as dim. The World Bank’s lead economist for Russia, Birgit Hansl, said “adjustment to the new oil price reality and the sanctions environment” was a key policy challenge. “If we look more into the medium term, the main challenge for Russia is the continued dearth in investment,” she said, presenting the report. The bank’s latest forecasts are more pessimistic than those made in December, when it expected the economy to shrink by 0.7% this year and grow by 0.3% in 2016. The new baseline forecasts assume that the oil price will recover only marginally over the next two years, averaging $53 per barrel in 2015 and $57 per barrel in 2016, reflecting ample global supplies and moderate demand. Under a more optimistic scenario, with oil averaging $65.5 per barrel in 2015 and $68.7 per barrel in 2016, the economy would contract by 2.9% this year and grow by only 0.1% in 2016, the World Bank said. Its latest forecasts assume that sanctions imposed against Russia because of its role in the Ukraine conflict would stay in place in 2015 and 2016. The sanctions could have damaging long-term consequences that may last even after the sanctions are lifted, the bank said, citing the case of South Africa where sanctions imposed in the 1980s caused a major slump in investment. In Russia’s case, sanctions were likely to exacerbate an existing investment shortage. “Low investment demand hints at the deeper structural problems of the Russian economy and has already initiated a new era of potentially small growth,” the report said. The bank also warned that a projected 3.8% budget deficit this year could “severely deplete” the budget’s Reserve Fund, currently equal to around 4.7% of GDP. Hansl said, however: “One could argue that it is prudent to use fiscal buffers at these times as a counter-cyclical measure.” The Bank also foresaw a $122bn capital and financial account deficit this year, reflecting continuing heavy capital outflows, only partially covered by a $74bn current account surplus. isa still needs one or two months to transfer processing of transactions made on its credit cards in Russia to a local payment system, but Mastercard will make an obligatory deadline, the head of the payment system said. Russian authorities ordered foreign card companies to move processing of their transactions in Russia to a newly created local payment system or put down a hefty security deposit. The new rules were introduced after Visa and Mastercard stopped providing services for some Russian banks that were sanctioned over Moscow’s role in the Ukraine crisis. “With Mastercard the project is completed, all the banks are signed up. With Visa there is a fully fledged project, which has been agreed. Signing up and certifying the banks is under way,” Vladimir Komlev told journalists in comments agreed for publication on Friday. “There is an understanding of the time frame (for Visa) to complete the project, around one to two months.” Foreign card companies whose local transactions aren’t processed in Russia must deposit collateral related to the average daily turnover on their cards with the central bank to ensure Russian customers don’t suffer if they halt services in the country. Komlev declined to comment on whether Visa would have to pay the security deposit, and Visa refused comment on the issue. Visa said its cards would continue to function normally until it completely moved processing of transactions made on its cards in Russia to the local system. Russia’s top lender Sberbank said transactions made on Mastercard cards it had issued would be processed by Russia’s National Payment Card System, which is owned by the central bank. Rostislav Yanykin, head of Sberbank’s bank cards department, said he did not know of any banks that had managed to transfer processing of Visa cards to the local payment system. “Visa is slightly more tricky than Mastercard,” he said. “They have an exchange protocol for cash machine operations that is much more difficult.” Komlev, the head of Russia’s payment system, also said he thought the system he heads would help residents of Crimea. Visa and Mastercard late last year stopped supporting bank cards used on the peninsula Russia annexed from Ukraine. Visa and Mastercard late last year stopped supporting bank cards used on the peninsula Russia annexed from Ukraine. Gulf Times Saturday, April 4, 2015 9 BUSINESS ECB says its QE programme already boosting recovery Eurozone deflation eases, jobless rate drops AFP Frankfurt AFP Brussels T he European Central Bank said it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone’s economic recovery, even as a top official expressed doubts about its effectiveness. In the minutes of the governing council’s meeting on March 4 and 5 released last week, the ECB said that “members generally shared the assessment that significant positive effects ... could already be seen” from the new bond purchase programme known as quantitative easing (QE). And that was leading to “prudent optimism” about the recovery outlook, showed the minutes, which are published with a four-week delay. On January 22, the ECB announced it would embark on a QE policy, used by other central banks, and make sovereign bond purchases to boost the worryingly low level of inflation in the 19 countries that share the euro. Under the programme, the ECB aims to buy €1.14tn ($1.2tn) worth of bonds between now and September 2016 at a rate of €60bn per month. And the latest data showed it had bought a total €41.02bn worth of bonds by March 27. However, some prominent ECB members—notably the head of the German central bank or Bundesbank Jens Weidmann and ECB executive board member Sabine Lautenschlaeger—have repeatedly expressed doubts about the need and impact of such a programme. Lautenschlaeger told a German magazine that she had “doubts whether the economic effects of the purchase programme will reach the desired magnitude.” And she warned that the current very low level of interest rates could lead to the formation of asset price bubbles. Before joining the ECB’s executive board, Lautenschlaeger was vice president of the German central bank and she shares the same scepticism as Weidmann. Nevertheless, at the governing council’s last policy meeting in Nicosia, Cyprus, in March, there appeared to be agreement that QE was indeed helping to ease financial market conditions and the cost of external finance for companies, the minutes showed. Coupled with recent positive economic data and signs of a turnaround in inflation, “this provided grounds for ‘prudent optimism’ regarding the scenario of a gradual recovery and a re- D An illuminated sign for the European Central Bank headquarters seen outside the main building in Frankfurt. The ECB said it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone’s economic recovery. turn of inflation rates to levels closer to 2.0%,” the minutes stated. At the same time, there was “no room for complacency,” the governing council members agreed. There were still downside risks, most importantly geopolitical and political risks “inside and outside the euro area.” And insufficient progress on structural reforms was one of them, the minutes said. “Determined policy action was needed in other policy areas. A strong message to governments (is) warranted to seize the opportunity for a renewed impetus for structural reforms to boost potential growth,” the minutes said. Berenberg Bank economist Christian Schulz said the key message of the minutes was the “upbeat assessment of the start of quantitative easing and sharp warnings against governments’ complacency.” “We should not expect any policy changes from the ECB between now and mid-2016, unless severe downside or upside risks to the economic trajectory materialise,” Schulz said. “If the recovery gets stronger than the ECB currently projects, some particularly hawkish members may start a discussion about tapering the purchases early,” he added. But Capital Economics economist Jonathan Loynes disagreed. “The ECB still has a lot more work to do. And for now at least, it appears to recognise that,” he said. The ECB only started publishing its minutes this year in a bid to make the thinking behind its monetary policy decisions more transparent. In doing so, the ECB is following the example of the likes of the US Federal Reserve and the Bank of England. But unlike the US Fed, the minutes do not reveal which central bank governor voted for or against a particular policy decision. The ECB said this was necessary to prevent the central bank chiefs being put under political pressure in their home countries. The ECB is fiercely independent and its governing council members take a vow to act in the interests of the eurozone as a whole rather than their individual countries. Draghi’s helping hand lifts Britain’s asset-backed debt market Bloomberg London Mario Draghi’s bid to revive Europe’s asset- backed securities market is having the desired effect in the wrong place: Britain. Sales of notes secured by the UK collateral from mortgages to credit card debt totalled £8.3bn ($12.3bn) in the first three months of the year, the busiest quarter since the end of June 2012, according to UniCredit. Euroarea issuers placed €7.7bn ($8.3bn) of securities in the same period, the least since the first three months of last year. Draghi’s bond-purchase programme is suppressing yields in the euro area, inadvertently fuelling investor demand for UK securities. The European Central Bank president is seeking to breath life into the region’s market for assetbacked debt, which contracted more than 40% since 2010, because it allows banks to transfer risks to investors and encourages new lending to companies. “The UK market is benefiting from the hunt for assets,” said Manuel Trojovsky, structured credit analyst at UniCredit in Munich. “There’s a supply squeeze in European ABS, which has been aggravated by the ECB entering the market and triggering a rally.” GMAC UK Plc, a subsidiary of General Motors Co, sold £498.8mn of notes backed by UK auto loans in March, while Lloyds Banking Group securitised £1bn of credit card debt. Nationwide Building Society and Banco Santander sold the only bonds secured by high-quality UK mortgages this year, according to Morgan Stanley. The UK’s asset-backed debt market is Europe’s largest at €193bn and is excluded from Draghi’s programme, which is focused exclusively on notes denominated in euros and backed by euro-area collateral. The Frankfurt-based central bank has acquired €4.6bn of such debt since November. That’s distorted the market, suppressing some eligible bonds’ yield premiums relative to benchmark rates to the lowest since before the financial crisis and pushing investors into assets outside the scope of Draghi’s programme. Bonds secured by UK collateral account for 59% of all asset-backed debt sold in Europe in the first three months of the year, the most since the first quarter of 2012, according to UniCredit. “UK issuance came back to life in the first quarter,” said Vasundhara Goel, an analyst at Morgan Stanley in London. Prudential’s M&G unit raised more than 300mn euros for a new fund targeting asset-backed securities the ECB won’t buy, said Patrick Janssen, a money manager in London. M&G oversees €21bn of asset-backed debt and favours UK residential mortgage-backed securities, he said. The fund, targeting returns of 1.5% more than the London interbank offered rate, will also invest in notes from issuers outside the euro region backed by collateral including leveraged loans and commercial real estate debt, said Janssen, who manages the fund with James King and Matthew Wardle.Top-rated UK residential mortgage-backed securities are diverging from similar Dutch bonds, according to JPMorgan Chase & Co. The average premium over benchmark rates offered by UK notes versus that for Dutch securities widened to nine basis points from two basis points in November, when the ECB started its purchase programme. Dutch bonds pay an average spread of 25 basis points, the least since August 2007, compared with 34 basis points for those in the UK, the data show. “I have not seen as many relative-value trades as this in a very long time, and the best of these are to be found in UK RMBS versus Dutch RMBS,” M&G’s Janssen said. “The ECB is really changing the face of the ABS market”. eflation in the eurozone eased in March, official data showed, reducing concerns that the European economy faces a dangerous spiral after four straight months of falling consumer prices. The threat of deflation in the eurozone remains a global concern, with fears that a huge bond-buying spree by the European Central Bank came too late to fight off the negative effects of falling prices. But prices in the 19-nation single currency bloc were down 0.1% in March, less than the drop of 0.3% in February with low energy costs still impacting the cost of living, the EU statistics agency Eurostat said. Unemployment rate also slipped to 11.3% in February, down from a revised 11.4% in January and 11.8% a year before in a further positive sign. “Overall, the data will likely dilute fears that deflation could become entrenched in the eurozone with long-term debilitating growth effects,” said Howard Archer, European Economist at IHS Global Insight. “In fact, it may not be long before the markets start seriously questioning whether the ECB will continue to fully enact its Quantitative Easing programme all the way through to September 2016,” he said. Prices first fell into negative territory in December with a -0.2 figure and hit -0.6% in January. But the easing to -0.3% in February and the further weakening in March will be welcomed by the ECB. However, after stripping out volatile energy and food prices, so-called core inflation still fell to 0.6% from 0.7% a month earlier. “The latest data on eurozone inflation and unemployment do little to diminish the danger of a prolonged period of deflation in the currency union,” said Jonathan Loynes, chief economist at Capital Economics. Core inflation matched a record low, “emphasising the weakness of underlying price pressures in the region,” Loynes said. In January, the ECB set out its huge bond-buying programme, an audacious and controversial scheme to ward off deflation and stimulate growth in the eurozone, which expanded a weak 0.9% in 2014. But with a cash-strapped Greece in a bitter row with its European partners and on the cusp of tumbling out of the euro, analysts fear that a new debt crisis in the eurozone could affect the world. On Monday, Fitch ratings agency said a renewed eurozone debt crisis was the biggest risk to the global economy, even greater than unstable oil prices, and despite the ECB’s quantitative easing programme. Economists fear deflation almost as much as rampant inflation because shoppers tend to put off purchases in the belief they may be cheaper in the future. EU wants to ditch ban on proprietary trading at banks Reuters London E uropean Union plans to ban banks taking market bets with their own money should be scrapped to avoid crimping the flow of funds needed for economic recovery, an EU document showed. The bloc’s executive European Commission has proposed a draft law to ban proprietary trading at banks and force lenders to isolate other forms of risky trading to help keep the financial system stable. Latvia, current holder of the EU presidency, in its first full proposal to revise the draft law, wants to ditch the ban in the latest sign of how policymakers’ attention is switching from regulation to reviving growth. “The changes reflect the fact that there is a mandatory separation of proprietary trading rather than a ban,” the document seen by Reuters said. Even then, trading would have to trigger a host of quantitative and qualitative criteria for identifying excessive risks before actual separation would take place, meaning separation would not be automatic but down to supervisory discretion, the document added. “Excessive risks are identified only after balancing the risks against the benefits to the real economy for market making,” the document said. Banks have warned that structural separation would exacerbate already thinning liquidity in some markets which policymakers are increasingly concerned about. The watering down of the Commission’s draft law is backed by several member states, including France. “The debate on framing has to be envisaged in the broader context of the overall objectives of the regulation, in particular reducing excessive risks of trading activities and ensuring an appropriate treatment of market making, in line with the ECB opinion,” France said in comments to the EU presidency. The European Central Bank (ECB) has said the draft law should not harm the flow of funds to the economy from useful market-making, or whereby banks enable investors to buy and sell securities. Daniele Nouy, who chairs the ECB’s supervisory arm that regulates top euro zone lenders and will apply the new rules, told EU lawmakers that they should be “very careful about marketmaking, which helps businesses fund themselves”. “The supervisor needs to have some margin of manoeuvre, nothing should be fully automatic, whatever criteria is used, as it’s better for when it comes to financing our economies,” Nouy told the European Parliament’s economic affairs committee, which has joint say with EU states on the draft rules. “It’s better for when it comes to financing our economies... for supervisors to decide on a case-by-case basis,” she added. Latvia also proposes other changes, such as allowing a bank to own a trading entity, though subject to some limits on the organisational structure if deemed necessary. Some EU lawmakers worry the final law will end up being a far cry from the Commission’s original intention. “It looks like we are not going to get anywhere near that point,” Philippe Lamberts, a Green party lawmaker, told the economic affairs committee Britain has already decided to force banks from 2019 to legally separate retail arms from risky trading, and a banking official said the UK is now worried that without “automaticity”, it could be challenged by lenders over EU rules that give regulators discretion. The European Union headquarters in Brussels. The EU plans to ban banks taking market bets with their own money should be scrapped to avoid crimping the flow of funds needed for economic recovery. 10 Gulf Times Saturday, April 4, 2015 BUSINESS Big bank brokerages in US lose market share to independent firms Reuters Pittsburgh S ecret contracts, covert real-estate deals, scurrying around after nightfall to avoid detection: this is how far big-bank brokers are prepared to go when they plan to go independent. It is a risky enterprise. If the brokerage learns that someone intends to leave, it often dismisses the broker so the bank can try to retain clients. The Botkin Group, a team of brokers in Pittsburgh who produced $1.6mn in revenue last year for Morgan Stanley, went so far as to require non-disclosure agreements from contractors who made new signs, installed phones and delivered furniture to their new office. They never visited the building during daylight, always staggered their arrival times and parked in the back. “We felt like we worked for the CIA,” said Lester H Botkin, 35, the youngest of the group, which also includes his father, Lester P Botkin, 63, sister, Sara Botkin, 37, and one client service associate. They represent growing numbers of brokers who are leaving big bank brokerages, such as Morgan Stanley, Bank of America’s Merrill Lynch, Wells Fargo Advisors and UBS Group to branch out on their own. The big four brokerages lost nearly 7% of their market share to independent firms between 2008 and 2013, according to Boston-based research firm Cerulli Associates, a leading global analytics firm. In the next five years, Cerulli expects independent advisory firms to surpass the big brokerages in their control of the market, according to a survey of 7,000 brokers working at firms across the industry. Most departures so far have concerned brokers who managed relatively few assets. Analysts and industry sources say they expect 2015 to be a turning point for financial advisers who manage more than $200mn in assets at the four big Wall Street brokerages collectively referred to as wirehouses. The reason is that many of the retention bonuses those firms gave employees during the 2008 financial crisis will reach their final instalments this year. At the same time, several brokerages have started deferring more Pedestrians pass by Morgan Stanley headquarters in New York. Big bank brokerages such as Morgan Stanley, Bank of America’s Merrill Lynch, Wells Fargo Advisors and UBS Group lost nearly 7% of their market share to independent firms between 2008 and 2013. of advisers’ current pay. Cerulli estimates 30% of wirehouse advisers are considering going independent. Historically, best-performing brokers have hopped from one of the big four to another at least once in their career, collecting multimn-dollar sign-on bonuses in the process. Some recent high-profile moves followed such a pattern: a team of Merrill Lynch advisers who managed $6.5bn in assets left for Morgan Stanley while a group of Morgan Stanley brokers with $1.6bn under management switched to Merrill Lynch. The Botkins also considered leaving Morgan Stanley for another big bank that offered them $5mn over 9 years, including a $1.6mn up-front payment. But more brokers are opting to go independent because many brokerages have raised clients’ fees and minimum balances, and Dale raises $200mn for hedge fund launch Reuters London A European hedge fund being launched by one of the sector’s most successful managers plans to start operating in May after luring at least $200mn in capital, sources familiar with the matter said, reflecting strong demand from investors. Chris Dale, who says his fund made $450mn trading long-short equities over nine years at Millennium, one of the world’s biggest hedge funds, will target long-term investments in large European stocks, a presentation by his new fund, dubbed Kintbury, showed. After a relatively quiet 2014 for large European launches, 2015 has already seen several industry figures look to strike out on their own, including ex-Lansdowne Partners’ partner Stephen Kirk, who plans a summer launch. Leading a small team including ex-Millennium colleague Nick Xanders, Dale aims to achieve net annualised returns of between 10 and 15% by trading in companies with stock market values of more than €3bn ($3.2bn), the presentation seen by Reuters showed. While at Millennium, Dale made 10.9% a year in a fund that had $1.1bn in assets at its peak. In the three months to May, just before he left Millennium, however, Dale posted a loss of just over 9% pre-fees, the presentation showed. Kintbury had been due to launch in the first quarter but would now likely be ready for launch on May 1, sources said. Three sources said total assets would be at least $200mn. Initial investors in a hedge fund start-up tend to include the partners themselves as well as high net-worth individuals and pension funds, all looking for higher returns at a time of rock-bottom interest rates. Calls to Dale and emailed messages to Xanders and Kintbury’s chief operating officer, John Aves, remained unanswered. The fund will analyse stocks and management to hunt out companies with an improving cashflow model, better return on capital employed, a better strategic or competitive advantage and which are growing earnings and receiving positive analyst earnings revisions, the presentation document said. It will typically have between 25 and 35 open positions at any time and a maximum exposure to any one stock of 5% of gross capital. The top five positions betting on a stock price rising can make up to 40% of its total exposure. Funds like Kintbury, so-called long/short equity hedge funds which bet on stock prices either rising or falling, have started strongly in 2015, returning just over 4% in the first two months of the year after losing 0.3% in 2014. pressured brokers to lend more. “If you’re a big team and banking is an important part of your business, then a wire can be a wonderful place,” said Sara Botkin. “But if you’re more focused on financial planning and investment strategy, it can be a harder place to run your business.” Lester P. Botkin said that in recent years, Morgan Stanley had pressured brokers to charge typical clients more than 1.25%. If he, in a mid-size market like Pittsburgh, wanted to charge clients less, it came out of his paycheck. Morgan Stanley said advisers were allowed to negotiate fees with clients and were under no obligation to charge the 1.25% rate. It declined to comment on any further aspects of the article. The Botkins estimate they will nearly double their annual take- home pay by running their own business, despite higher expenses. Their new business, Botkin Family Wealth Management, pays LPL Financial Holdings Inc, a leading provider for independent wealth management business, for technology, compliance and trading services. All the Botkins took from Morgan Stanley’s office the day they left was a framed painting of a section of the Augusta National Golf Club’s course called “Amen Corner,” and contact information for about 400 clients. All the clients they contacted agreed to join the new firm, they said. Typically, advisers who move keep 80-90% of their clients. Client surveys find that those who move with advisers usually do so because they value personal relationships they develop with brokers and do not want to be assigned to someone new. Publicly, bank executives play down broker departures, but they have been taking steps to blunt their impact wealth management, which has been playing a growing role in generating banks’ profits. For example, wealth management accounted for 49% of Morgan’s net revenue in 2014, up from about 40% in 2010, the year after it expanded the business by buying Smith Barney. As Reuters reported in February, Bank of America has been making it harder for brokers to take clients with them when they leave, modifying an industry-wide agreement on what client information advisers can take with them. Mindful how much is at stake, brokers are taking no chances. The Botkins kept a sign outside of their new office that said “fabulous building for sale” as a decoy until after they moved in. Cerberus Capital seeks over $3bn for private equity fund Reuters New York C erberus Capital Management is seeking more than $3bn for its latest flagship private equity fund to invest in distressed assets such as non-performing loans and ailing companies that need to be restructured, people familiar with the matter said. This will be the first global private equity fundraising initiated by Cerberus since one of its private equity investments, Freedom Group, was mired in controversy. Freedom Group is the maker of the Bushmaster rifle that was used by Adam Lanza when he killed 20 children and six adults at Sandy Hook Elementary School in Newtown, Connecticut, in December 2012. Cerberus has told investors it is targeting between $3bn and $3.5bn for the new fund, dubbed Cerberus Institutional Partners (CIP) VI, the people said. The fund’s size will be capped at $4bn, the people added, noting that the fundraising process had just started. At the time of the Sandy Hook shootings, the fundraising process for the previous private equity fund, CIP V, had already begun and was only a few months away from completion, with most investors already having made their minds up on whether to invest based on Cerberus’ investment track record. That fundraising ended in April 2013, raising $2.61bn, short of Cerberus’ original $3.75bn target. To be sure, the New Yorkbased firm manages other non-private equity funds and has raised more than $12bn from investors in several funds in the last two years. These include direct lending and real estate funds. The sources asked not to be identified because the fundraising process is confidential. Cerberus declined to comment. Founded in 1992 and named after the mythical manyheaded dog that guards the gates of the underworld, Cerberus is not known for its big leveraged buyouts, though in January it led a group of investors that combined their Albertsons supermarket chain with peer Safeway in a $9.2bn merger. Other notable investments include Japanese railway and property company Seibu Holdings and US yellow pages owner YP LLC. The firm has strong returns to show investors in its last flagship fund. CIP V reported an annualized net internal rate of return of 29.3% as of the end of September, according to California Public Employees’ Retirement System (CalPERS), the largest US public pension fund investor. CalPERS did not respond to a request for comment on whether it will invest in CIP VI. At least one major public pension fund investor has publicly expressed concern over Freedom Group. Three days after the Sandy Hook massacre, California State Teachers’ Retirement System (CalSTRS), the second-largest US public pension fund, said it was reviewing its investment in Cerberus because of the Freedom Group holding. A day later, Cerberus said it would seek to sell the gun maker. However, more than two years later, the private equity firm still owns the company. An auction for it led to offers that were deemed too low. Cerberus also tried to create a liquidity mechanism to let individual fund investors cash out of Freedom Group, yet that plan fell apart over disagreements about the company’s valuation. Cerberus has repeatedly communicated to its investors that it wants to sell Freedom Group and that investors themselves don’t want the company sold at a knockdown price, according to the sources. Freedom Group’s finances are deteriorating due to a recall of some of its rifles and the ensuing backlash from customers. It reported an operating loss of $15mn in the nine months to the end of September, versus a $177.2mn operating profit in the prior year, as sales dropped 29%. It had debt of $879mn and just $156.3mn in cash at the end of September. In the latest chapter of this saga, California’s state treasurer on Wednesday sent a stern letter to CalSTRS, asking that Cerberus sell Freedom Group. CalSTRS answered that “contractual obligations and legal constraints severely limit our options to exit this investment”. A CalSTRS spokesman declined to comment on whether the public pension fund will invest in CIP VI, but noted that CalSTRS had not invested in a Cerberus fund since 2008. M&S returns to non-food sales growth Reuters London B ritish retailer Marks & Spencer posted its best quarterly non-food sales performance in four years, putting behind it the online distribution problems that ruined its Christmas and buying its chief executive more time to secure a recovery. Shares in Britain’s biggest clothing retailer rose as much as 6.3% to a seven-year high after it said sales of general merchandise, spanning clothing, footwear and homewares, rose 0.7% in the past quarter at stores open more than a year. CEO Marc Bolland highlighted “high single-digit” likefor-like sales growth at both its relatively upmarket Autograph and Limited clothing brands, and noted positive press reviews of a £199 ($295) suede skirt that will hit stores this month and is attracting high levels of preregistration. The outcome was the first time in 15 quarters M&S has not posted a fall in non-food likefor-like sales and was also better than analysts’ average forecast of down 1.2%. It followed a third-quarter slump of 5.8%, reflecting unseasonal weather in October Pedestrians pass the Marks & Spencer store in London. The British retailer posted its best quarterly non-food sales performance in four years, putting behind it the online distribution problems that ruined its Christmas and buying its chief executive more time to secure a recovery. and November and disruption at its e-commerce distribution centre at Castle Donington in central England. Bolland, CEO since 2010, has spent billions of pounds addressing decades of underinvestment at M&S, overseeing a redesign of products, stores, logistics and its website. But a new clothing team he set up in 2012 has so far failed to deliver a sustained increase in sales. When products have proven a hit, it has often struggled to replenish supplies fast enough before shopper interest subsided. However, a food business outperforming the wider grocery market and improving profit margins both in non-food and food have kept investors onside, with M&S shares rising 44% over the last six months. “It’s a step-by-step journey and we’re taking steps in the right direction,” Bolland told reporters. Asked how long he planned to stay as boss, he said: “I’m really enjoying the role and there’s more to do.” M&S shares were up 30.5 pence at 560.5p on Thursday. “We continue to see a material gross margin opportunity in general merchandise, which we expect to drive forecast upgrades over the next few years,” said Investec analyst Kate Calvert. Bolland’s strategy is to focus on margin. M&S maintained guidance for a rise in general merchandise gross margin in 2014-15 of between 150 and 200 basis points, having promoted less and focused more on fullprice sales. M&S.com sales returned to growth in the quarter with sales up 13.8%, while Castle Donington was said to have performed well. Like-for-like sales in M&S’s food business rose 0.7% in the 13 weeks to March 28, its fiscal fourth quarter, a 22nd straight quarterly rise. Full-year gross margin guidance for food was maintained at up 10 to 30 basis points. However, M&S said macro-economic issues in Russia, Ukraine and Turkey, coupled with a weakening in the euro, had dented second-half profit in its international division, where fourth-quarter sales fell 3.8%. M&S, expected to post a first profit rise in four years when it reports yearly results on May 20, said it still expected analysts’ consensus for 2014-15 profit to edge up from £641mn prior to the update. Gulf Times Saturday, April 4, 2015 11 BUSINESS Takeda Pharma offers $2.2bn to settle Actos cases in US Bloomberg New York The head office of Takeda Pharmaceutical Co in Tokyo. The officials at Asia’s largest drugmaker have proposed to settle more than 8,000 lawsuits in federal and state courts in the US. tlement offer from some lawyers who have sued the drugmaker over Actos, the people familiar with it said. Some attorneys contend $2.2bn isn’t enough compensation for all patients who developed bladder cancer after taking the drug, the people said. Actos sales peaked in the year ended March 2011 at $4.5bn and accounted for 27% of Takeda’s revenue at the time, according to data compiled by Bloomberg. Actos has generated more than $16bn in sales since its 1999 release, according to court filings. Takeda now faces generic competition over the drug from Ranbaxy Laboratories. More than 3,500 Actos suits have been consolidated before US District Judge Rebecca Doherty in Lafayette, Louisiana, for pretrial information exchanges, according to court dockets. The company faces another 4,500 cases in state courts in Illinois, West Virginia, California and Pennsylvania, according to court records. Under Takeda’s offer, only Actos patients who have already sued or who have already hired a lawyer to file a lawsuit would be eligible to participate in the settlement, the people said. That limitation is designed to help the company avoid paying to resolve a new wave of suits, the people added. “There is no deal and it is highly questionable whether there will be one without further scorched-earth litigation,” Paul Pennock, one of two lawyers overseeing the federal-court litigation for plaintiffs, said in an email “But at least Takeda recognises that attempting to compensate these cancer victims and their families is the right thing to do.” Takeda hired Douglas Marvin, a lawyer with Williams & Connolly in Washington, to help negotiate the potential deal with lawyers for former Actos patients, the people said. Marvin helped negotiate a $4.85bn settlement with Merck to resolve about 30,000 lawsuits over its withdrawn painkiller Vioxx in 2007. Takeda has faced at least nine trials since 2013 over claims it hid Actos’s cancer risks, including the Louisiana trial. The company has won three defence verdicts and other damage awards against the drugmaker have been thrown out or are on appeal. Still, five juries that have reviewed the evidence of Takeda’s handing of Actos have held the company liable for consumers’ injuries. “If Takeda can settle the multidistrict cases for $2.2bn, they should sign the papers and leave town,” Erik Gordon a professor at the University of Michigan’s business and law schools who teaches about class-action settlements. Bollore raises Vivendi stake again as shareholder battle looms Reuters Paris T ycoon Vincent Bollore raised his stake in French media group Vivendi for the third time in a month to reach 12% as he gears up for a fight with activist shareholders. To solidify his hold on the group, Bollore – Vivendi’s chairman and largest shareholder - plans to keep buying shares and may seek more board seats, according to a disclosure to the French markets authority. US hedge fund P Schoenfeld Asset Management (PSAM), which says it owns 0.8% of Vivendi, wants shareholders to back two resolutions at an April 17 annual meeting that would require Vivendi to return €9bn ($9.7bn) to investors after selling four of its six businesses. Another fund wants to prevent Vivendi from putting into place double voting rights for holders who own shares for more than two years, as French law allows. The fight is over the future of Vivendi, which has been through a radical slim-down in the past two years under Vincent Bollore. At issue is how Dutch PM says ABN Amro listing possible in 2015 Reuters Amsterdam The Dutch government still intends to seek a stock market listing for ABN Amro this year, despite a recent political dispute around questions of banking ethics and executive pay, Prime Minister Mark Rutte said on Thursday. Rutte told reporters in The Hague that “this year is still really very long” and there is time for ABN Amro’s initial public offering to take place once various questions raised by parliament have been addressed. “I think that it’s still possible,” Rutte said. “In any case this cabinet wants to press ahead with a stock market listing,” he said. ABN Amro was nationalised in 2008 in a bailout that eventually cost taxpayers €24bn ($26bn). After years of cost-cutting and refocusing operations on the Dutch market, ABN Amro’s year-end 2014 book value was €14.9bn. Last week, Finance Minister Jeroen Dijsselbloem postponed a decision over a listing for the bank as lawmakers lodged a flurry of questions over a proposal by the bank’s supervisory board to increase Reuters London B T akeda Pharmaceutical Co has offered to pay more than $2.2bn to resolve claims of hiding its Actos diabetes medicine’s cancer risks in what would be one of the largest US settlements of patient lawsuits targeting drugs or devices, three people familiar with the matter said. Officials at Asia’s largest drugmaker propose to settle more than 8,000 lawsuits in federal and state courts in the US, said the people, who asked not to be identified because they weren’t authorised to speak publicly about the offer. Such a deal would amount to a payment of about $275,000 for each case. Any settlement would be the first in the three-year litigation over the diabetes drug. A federal jury in Louisiana last year ordered Takeda and Eli Lilly & Co to pay a combined $9bn in damages to a shopkeeper who blamed Actos for causing his bladder cancer. That award, the seventh-largest in US history based on data compiled by Bloomberg, was later reduced by more than 99% to $36.8mn by a judge. “This is a strong signal that Takeda really wants to settle these cases so it can avoid any more huge verdicts,” Carl Tobias, who teaches product-liability law at the University of Richmond in Virginia. “But the per-case number indicates they don’t want to have to pay a premium to settle these claims.” Takeda’s chief executive officer, Christophe Weber, declined to comment in an interview in Osaka today, citing the ongoing litigation. “Takeda always had the same position. We believe that Actos provides the right benefit risk ratio for patients, is still a good medicine for patients,” said Weber. A final deal hasn’t been reached and the talks could still fall apart, the people said. Takeda also could choose to settle some lawyers’ inventories of cases under the $2.2bn proposal and continue negotiations on others, the people added. There’s opposition to Takeda’s set- UK markets watchdog to bare more teeth in policing competition pay for most of the bank’s top managers by 100,000 euros each. With the IPO in danger of being derailed, the board members said Sunday they would not accept the raise and the supervisory board member in charge of remuneration resigned Tuesday. Lawmakers subsequently lodged further questions about the strength of the bank’s anticorruption measures. The affair has exposed new strains within Rutte’s centreright coalition after the junior partner, Dijsselbloem’s Labour party, suffered heavy defeats in local elections on March 18. ABN Amro’s Chief Executive Gerrit Zalm is a prominent member of Rutte’s ruling Liberal party. He had lobbied both for ABN Amro’s IPO as soon as possible and for the salary increase. “We know that we don’t agree about this,” Dijsselbloem said on Wednesday. Zalm “has emphasized (to me) that he thinks it’s very regrettable that this has led to so much ado.” Both Rutte and Dijsselbloem said on Thursday that they still have confidence in the board, including Zalm. A parliamentary debate over ABN has been tentatively scheduled for April 15. it spends the proceeds from the asset sales, the group’s strategy, and how much power Bollore should have versus other shareholders. Having exited telecoms and video games, Bollore and Vivendi management now want to build the group up into a stronger media group by adding to its Universal Music Group and French pay-TV operator Canal Plus, and making acquisitions. PSAM founder Peter Schoenfeld told Les Echos newspaper in an interview that he was “optimistic” of winning the support of a majority of shareholders but that it was still too early to say. “Our action can lead to a rise in Vivendi’s share price, which will put it in a better position to make acquisitions and build a large group ... our aim is not to break up Vivendi,” he said. “The only thing we are asking is better remuneration for shareholders and a clarification of the strategy.” PSAM has accused the company of giving too much leeway to Bollore to boost his stake at “undervalued prices”. It has also urged the company to consider spinning off part or all of its Universal Music Group. Bollore Group bought a further 24.6mn Vivendi shares, raising its stake to 12.01% from 10.2%. It now holds 162mn shares worth €3.8bn. Bollore paid €23.08 a share, compared with Wednesday’s closing price of €23.50. The stock was trading down 1.6% at €23.13 by 0957 GMT on Thursday. “With the power struggle between him and certain shareholders, Bollore will continue to buy as many Vivendi shares as possible on the market between now and the April 17 AGM,” one Paris-based trader said. Schoenfeld told Les Echos that he had asked to meet Vincent Bollore several months ago, and that a series of dates were agreed but then cancelled. ritish banks and markets are bracing themselves for a fresh onslaught from their regulator after it assumed extra powers to police competition in financial markets. The Financial Conduct Authority (FCA), launched in 2013 to shake up supervision after the 2007-09 financial crisis highlighted failures, already has competition as a core aim. But the changes mean the watchdog can back this up by being able to punish firms that breach UK and European Union competition law, break up markets, or refer a market directly to Britain’s lead competition body, the Competition and Markets Authority (CMA). Lawyers working in the sector expect relatively quick results as the government presses the FCA to boost competition in a banking sector dominated by the “Big Five” high street lenders as new challengers take time to build up market share. Two reviews in particular will be shaped by the new powers. The FCA has announced an investigation into wholesale banking and will be able to use its new powers to make changes. And a separate Fair and Effective Markets Review (FEMR) makes recommendations in June which the industry hopes will be limited to revising voluntary codes of conduct. “What the new powers do is give them real meat to their competition objective and if you think about FEMR and right across the wholesale and retail space, it will be an issue,” said Jonathan Herbst, global head of financial services at Norton Rose Fulbright law firm. “They don’t wish to be price regulators so how they are going to navigate that remains to be seen,” Herbst said. Deb Jones, the FCA’s director of competition, has said competition won’t be a standalone matter for her 50 staff. “Instead, we have to bring competition thinking, as it relates to our objectives and remit, into every decision, rule, and action we take,” she has said. But lawyers say the FCA will be under pressure to show results. “Those 50 people will be put to use very quickly,” said Jacqui Hatfield, a financial services lawyer at ReedSmith. “They can go anywhere they like as the only reason they have to give is that a particular area is not working for consumers or market users. They will go for wholesale and then retail banking, perhaps at the same time,” Hatfield said. Asian markets rise in quiet trade AFP Tokyo A sian markets rose yesterday in holiday-thinned trade as investors looked ahead to the release of US jobs data later in the day, while Shanghai retreated on profit-taking after a recent rally. Wall Street provided a positive lead following another round of upbeat US indicators, although the dollar dipped against the yen. Tokyo rose 0.63%, or 122.29 points, to 19,435.08 and Seoul added 0.81%, or 16.35 points, to 2,045.42. Shanghai rose 1.00%, or 38.15 points, to 3,863.93, extending a rally that has seen the index surge to seven-year highs over the past month on hopes for fresh monetary easing by China. Bangkok gained 0.25%, or 3.82 points, to 1,536.05, while Kuala Lumpur rose 0.14%, or 2.55 points, to 1,834.52. Hong Kong, Jakarta, Singapore, Mumbai, Sydney, Wellington, Manila and Taiwan were closed for public holidays. With few catalysts to drive trade, investors were biding their time until the release in Washington of the US nonfarm payrolls figures, which will be pored over for clues about the Federal Reserve’s timetable for hiking interest rates. “We’re likely to be in a wait-and-see mode today” before the jobs report and given the holidays, Juichi Wako, a senior strategist at Nomura Holdings in Tokyo, told Bloomberg News. Yesterday’s report said the US econ- Pedestrians in reflection walk past a share prices board in Tokyo. Japanese stocks closed up 122.29 points to 19,435.08 yesterday. omy added 245,000 non-farm jobs last month, down from February’s extra 295,000, according to a Bloomberg survey. On Wall Street the three main indexes advanced after data showed jobless claims fell last week, suggesting more tightening in the labour market, while the trade deficit shrank to a more than five-year low, which analysts said should give a boost to first-quarter economic growth. The Dow added 0.37%, the S&P 500 gained 0.35% and the Nasdaq rose 0.14% While the Fed is expected to raise rates by the end of the year, there is no consensus on exactly when they will do so. The chances of an early summer hike have been dampened by some soft economic figures over the past month, including this week’s weak private-sector jobs figures and easing manufacturing growth. In forex trade the dollar edged down to ¥119.67 from ¥119.77 in New York late Thursday. The euro stood at $1.0888 and ¥130.29 in European trade from $1.0879 and ¥130.30 in US trade. Oil markets were closed for trade yesterday. Crude prices tumbled Thursday after six world powers and Iran announced they had agreed on a framework to curb the Islamic republic’s nuclear drive. With the tentative deal likely to allow Iran crude exports back on the markets, Brent North Sea crude, the global benchmark contract, slumped $2.15, settling at $54.95 a barrel. US benchmark West Texas Intermediate shed 95 cents to close at $49.14. Gold fetched $1,200.50 against $1,203.48 late Thursday. Saturday, April 4, 2015 BUSINESS GULF TIMES QSE WEEKLY REVIEW Bourse on a roller-coaster drive; key index gains 288 points By Santhosh V Perumal Business Reporter Volatility in the crude prices led to a roller-coaster drive in the Qatar Stock Exchange, which closed the week with ebullient 288 points enrichment in the key index and QR15bn in capitalisation. Strong buying interests were visible particularly in the industrials and real estate stocks during the week that saw the bourse announce the new selling and pricing mechanism of the rights issue as part of modernising the financial framework. Foreign institutions’ buying support was largely instrumental in lifting the 20-stock Qatar Index 2.53% during the week that witnessed Ooredoo disclose that its high speed 4G+ network will be available across Qatar by the end of this year and that its return on investments from overseas operations is set to be “substantial”. The market was seen strengthening in the first three days to reach as high as 11,711 points on Tuesday and saw strong profit booking in the next day but only to gain on the last day to overall settle at 11,699 points during the week which saw a Bank of America Merrill Lynch report that said Qatar’s credit rating is expected to be unchanged this year due to institutional constraints. Dubai had gained 6.09%, Abu Dhabi (3.79%) and Muscat (2.54%); whereas Saudi Arabia fell 1.91%, Bahrain (1.17%) and Kuwait (0.02%) during the week that saw the Ministry of Development Planning and Statistics disclose that Qatar has estimated to have grown 6.2% year-on-year in 2014, lifted by double-digit expansion in the non-oil sector. Qatari bourse has so far (year-to-date) reported 4.78% decline against Kuwait’s 4.81% fall, Dubai’s 4.22% and Muscat’s 1.18%; while Saudi Arabia rose 4.81%, Abu Dhabi (0.22%) and Bahrain (0.07%). Crude witnessed a volatile scenario on concerns that fighting in the Arabian Peninsula between Saudi Arabia and Houthi rebels in Yemen could disrupt supplies but there were also reports on Iran inching towards nuclear deal and the growing US inventories. The Qatari bourse’s overall bullish momentum came amidst profit booking by local retail investors and domestic institutions during the week which saw Doha Bank, Qatar’s fifth largest lender by assets, complete the amalgamation of the Indian operations of the HSBC Bank Oman. Small, micro and large cap stocks witnessed the maximum buying interests during the week that witnessed Qatar General and Reinsurance Company enter into a definitive agreement with Oriental Enterprises Company to wholly acquire the latter. The 20-stock Total Return Index expanded 2.97%, All Share Index (comprising wider constituents) by 2.7% and Al Rayan Islamic Index by 3.27% during the week that saw about 74% of the stocks show gains to investors. Industrials stocks appreciated 4.88%, realty (3.88%), banks and financial services (1.96%), transport (1.6%), consumer goods (1.24%), telecom (0.51%) and insurance (0.01%) during the week that saw Global Investment House project that Qatar’s banking sector is expected to have the highest return on equity among the Gulf lenders this year. Of the 43 stocks, 31 gained, while only 11 declined and one was unchanged. Nine each of the 12 banks and financial services and the nine industrials, five of the eight consumer goods, three of the four real estate, two each of the five insurers and the three transport and one of the two telecom stocks closed higher during the week. Major gainers included QNB, Industries Qatar, Doha Bank, International Islamic, Ahlibank Qatar, Masraf Al Rayan, Alijarah Holding, Dlala, Qatar Electricity and Water, Gulf International Services, Aamal, Mesaieed Petrochemical Holding, Mazaya Qatar, Ezdan, Vodafone Qatar and Nakilat; even as Ooredoo and al khaliji bucked the trend during the week. Market capitalisation expanded 2.43% to QR632.47bn with small, micro, large and mid cap equities gaining 2.68%, 2.17%, 2% and 1.72% respectively during the week. Large, small and mid cap scrips were seen losing value 8.16%, 1.78% and 0.69% respectively year-to-date; even as micro caps gained 2.32%. Foreign institutions turned net buyers to the tune of QR125.3mn against net selling of QR132.11mn the previous week. Non-Qatari retail investors’ net buying strengthened to QR41.01mn compared to QR31.81mn the week ended March 26. However, local retail investors turned net sellers to the extent of QR118.08mn against net buyers of QR7.73mn the previous week. Domestic institutions also turned net profit takers to the tune of QR48.22mn compared with net buyers of QR92.75mn the week ended March 26. A total of 38.42mn shares valued at QR1.9bn changed hands across 23,241 transactions during the week. The real estate sector saw a total of 10.52mn equities worth QR308.25mn change hands across 3,980 transactions and as many as 13.4mn banking stocks valued at QR740.65mn trade in 6,594 deals. The industrials sector saw a total of 5.91mn shares worth QR494.77mn changed hands across 5,656 transactions and the telecom sector witnessed 5.33mn equities valued at QR139.45mn trade in 3,681 deals. The market saw a total of 2.04mn consumer goods shares worth QR156.44mn change hands across 2,281transactions. The transport segment recorded 1.02mn shares valued at QR47.82mn trade in 825 deals and the insurance saw a total of 0.2mn equities worth QR11.08mn change hands across 224 transactions. In the debt market, there was no trading of treasury bills and government bonds during the week. US job growth brakes sharply, clouds Fed rate hike timing Reuters Washington U S employers added the fewest number of jobs in more than a year in March, the latest sign of weakness in the economy and one likely to further delay an anticipated interest rate increase by the Federal Reserve. Nonfarm payrolls rose 126,000 last month, less than half February’s pace and the smallest gain since December 2013, the Labor Department said yesterday. The weakness was concentrated in the goods-producing sector, which has been hurt by a strong dollar and lower crude oil prices. Leisure and hospitality also saw a sharp slowdown in jobs growth, suggesting harsh winter weather could have dragged on hiring. While the jobless rate held at a more than 6-1/2-year low of 5.5%, the workforce shrank. The labour force participation rate returned to a more than 36-year low reached late last year. “The report confirms the emerging narrative of slowing growth momentum seen in the other economic indicators. It will weaken the argument for a mid-year (rate) hike,” said Millan Mulraine, deputy chief economist at TD Securities in New York. The tepid increase in payrolls ended 12 straight months of job gains above 200,000 - the longest streak since 1994. In addition, data for January and February were revised to show 69,000 fewer jobs created than previously reported, giving the report an even weaker tone. After its robust stretch, the jobs figures now appear more in line with other signals from consumer spending to housing starts and manufacturing that have suggested the economy grew at a sub-1% annual rate in the first quarter. Economists A woman walks past a ‘Now Hiring’ sign as she leaves the Urban Outfitters store at Quincy Market in Boston, Massachusetts. US employers added the fewest number of jobs in more than a year in March, the latest sign of weakness in the economy and one likely to further delay an anticipated interest rate increase by the Federal Reserve. had forecast that payrolls would rise 245,000 last month. Prices for US government debt rallied as investors pushed back their expectations for a Fed rate hike, while US stock index futures fell about 1%. The dollar dropped against a basket of currencies. The US central bank has kept overnight interest rates near zero since December 2008, but a number of officials have said an increase will likely be considered at its June policy-setting meeting. While economic growth is expected to rebound, it appears increasingly unlikely the Fed will have sufficient signs of strength in hand by then. “Now the timing for the liftoff could be delayed to September or even to December. The June date is not off the table, however, assuming the economy and employment rebound,” said Sung Won Sohn, an economics professor at California State University Channel Islands in Camarillo. The buoyant dollar and lower oil prices have combined to crimp the profits of some large companies, forcing a reduction in capital spending. Equipment maker Caterpillar has warned that lower oil prices will hurt its business in 2015, and Procter & Gamble, the world’s largest household products maker, has cautioned that the dollar would hit its profits. The dollar has gained about 13% against the currencies of the main US trading partners since last June. Economists say the impact is equivalent to a half-point interest rate hike. At the same time, the sharp oil price drop has curtailed US drilling activity. Payrolls in the mining sector fell 11,000, reflecting ongoing weakness in oil and gas extraction. Energy producers have idled half of their rigs since October. A harsh winter and a nowsettled labour dispute at normally busy West Coast ports have also weighed on activity, as has softer global demand. Bad weather is estimated to have lopped off as much a seventenths of a percentage point from first-quarter growth. Construction employment fell 1,000 last month, while manufacturing payrolls slipped by 1,000. There was, however, some good news in the report. Average hourly earnings increased 0.3%. Even so, that only lifted the year-on-year gain to 2.1%, in the same tepid range that earnings growth has held to for several years. With Wal-Mart and McDonald’s recently announcing pay increases for their hourly workers, wage growth could gain traction in the months ahead. Other companies, including TJX Cos and health insurer Aetna, also have announced pay hikes. Although the labour force participation rate, or the share of working-age Americans who are employed or at least looking for a job, slipped one-tenth of a percentage point to 62.7% in March, other measures on the Fed’s so-called dashboard continued to improve. A broad measure of joblessness that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment fell to a more than 6-1/2-year low of 10.9% from 11% in February. The number of Americans unemployed for 27 weeks or longer also declined to its lowest point since November 2008. In a sign that cold weather could have undercut job growth, the average work week fell to 34.5 hours, the lowest since September, from 34.6 in February. About 182,000 people said they could not get work because of inclement weather, slightly above the historical average of 141,000. “It is possible that the colderthan-normal weather slowed hiring activity,” said Lewis Alexander, chief economist at Nomura Securities International in New York. Greece says ready to make IMF payment on April 9 Reuters Athens G reece will pay a loan tranche due on April 9 to the International Monetary Fund on time, its deputy finance minister said yesterday, seeking to quell fears of default after a flurry of contradictory statements on the issue in recent days. Greece is fast running out of cash and its eurozone and International Monetary Fund lenders have frozen bailout aid until the new leftist-led government reaches agreement on a package of reforms. That prompted the interior minister to suggest this week that Athens would prioritise wages and pensions over the roughly €450mn ($489mn) payment to the IMF, though the government denied that was its stance. Eurozone officials then said Greece told them it will run out of money on April 9, which the finance ministry denied saying. “We strive to be able to pay our obligations on time, Dimitris Mardas told Greece’s Skai TV. “We are ready to pay on April 9.” Adding to the confusion, German magazine Der Spiegel quoted a finance ministry general secretary, Nikos Theocharakis, as saying Greece would probably not pay next week’s IMF tranche, prompting another denial from the Greek finance ministry. Theocharakis said Greece would be “close to the end” on April 9 and called the technical teams from its creditors “completely useless,” according to an extract of the article due to be published on Saturday. “Mr. Theocharakis never characterised the technical teams of the institutions with the phrase attributed to him,” the ministry said in a statement. “On the contrary ... he referred to them as saying they include ‘top-notch people with impressive skills.’” Russia tycoon becomes obstacle to Holcim-Lafarge deal Reuters London/Moscow A Russian billionaire with a reputation for corporate bust-ups is trying to play spoiler in Holcim and Lafarge’s effort to create the world’s biggest cement company, only weeks before a shareholder vote to ratify the merger. Filaret Galchev, second-largest shareholder in Switzerland’s Holcim with 10.8%, is ramping up the pressure to renegotiate a better deal. The 51-year-old tycoon has rejected merger terms already revised in Holcim’s favour as “not satisfactory and half-baked.” An overture from Holcim Chairman Wolfgang Reitzle on Wednesday to give Galchev a longcoveted board seat at the new company was quickly dismissed. Galchev wants to re-open the question of the exchange ratio which makes each Lafarge share worth 0.90 shares of Holcim. But Reitzle has ruled out renegotiating the terms and signalled he would unveil a new CEO soon to placate shareholder concerns, though it remains to be seen if this is enough to bring Galchev onside. Galchev is the most visible figure in a broader movement of Holcim shareholders unconvinced by the supposed merger of equals. US fund Harris Associates, which recently upped its Holcim stake to 6.38% making it third-biggest holder, is reserving judgment until it knows who the CEO of the combined group will be. Holcim needs to convince two thirds of its shareholders to approve a capital increase to fund the deal at a May 8 meeting. People familiar with the Galchev: Seeking better terms. situation said Holcim appeared ready to take the calculated risk of going ahead with the vote without Galchev’s support, betting he will balk since the value of his Holcim holding could fall if the deal is scuppered. Bernstein analyst Phil Roseberg said the vote remains open and a “no” vote from Galchev’s Eurocement would block the deal. Holcim said yesterday it was confident shareholders will approve the merger. Galchev now has those supporting the deal scrambling to pin down his motives. He bought 6.5% of Holcim via Eurocement in 2008, later increasing to 10.8%. With an estimated net worth of $4.3bn, Galchev is the 23rd richest man in Russia, according to Forbes. Married with two children, he started in the coal industry but made his fortune in cement, buying up plants in Russia, Ukraine and Uzbekistan in the early 2000s. Eurocement is now Russia’s biggest cement producer with a 35% market share. At Holcim, Galchev has not always been welcomed, sources say, because the company’s largest shareholder and grandson of the founder, Thomas Schmidheiny, feared a possible takeover bid. Schmidheiny never offered Galchev a board seat and did not pre-inform him of the Lafarge deal. The Holcim spokesman denied tensions with Galchev, saying all shareholders were welcome. A representative for Schmidheiny said the heir was neutral to Galchev’s stakebuilding. One source said Galchev was already unenthusiastic and concerned about his stock being diluted when company advisors met him almost a year ago, when the deal was announced. Professing to simple tastes despite his wealth, Galchev is known in Russia for a number of high-profile disputes with business associates. In the early 2000s he repeatedly clashed with US investment fund Russia Partners over control of their 44% stake in a Eurocement subsidiary. And following the 2009 economic crisis, he was taken to court by long-time business partner Georgy Krasnyansky after trying to renegotiate payments for a 24% stake in Eurocement. One person said the Russian billionaire wanted revenge for being sidelined in the deal, but others say financial pressures are driving factors. Boris Kontsevich, co-founder of consultancy Grey Consulting and former Lafarge Russia commercial director, said Galchev had been hurt by Russia’s economic crisis. Russia’s economy slowed in 2014, hit by Western sanctions over Moscow’s involvement in the Ukraine crisis and a collapse in oil prices. Cement prices have fallen and Eurocement’s firstquarter sales were down 30%. GOLF | Page 5 SPOTLIGHT | Page 8 McIlroy seeks career slam at Masters India may bid for 2024 Olympics Satuday, April 4, 2015 Jumada II 15, 1436 AH FOOTBALL GULF TIMES Messi fit to face Celta Vigo SPORT Page 3 SPOTLIGHT Mayweather set for richest sports year ever: Forbes AFP Los Angeles F El Jaish's Abdulqadir Ilyas (15) celebrates his goal with Wessam Rizq (7) and Mosaab Mahmoud during their QSL match against Al Shamal yesterday. FOOTBALL Romarinho stars as Jaish thrash relegated Shamal Lekhwiya set to wrap up fourth Qatar Stars League title today By Sports Reporter Doha R El Jaish's Romarinho (L) vies for the ball with Shamal's Osam Musa. omarinho (Romario Ricardo da Silva) was twice on target yesterday as El Jaish thrashed Al Shamal 5-1 to stay in the hunt for a third place finish in the Qatar Stars League. With Lekhwiya set to seal the title today with two matches to spare if they beat Al Shahaniya, and Al Sadd almost assured of the second spot, it’s the battle for third that is keeping local fans interested. And yesterday, El Jaish, who were just one point ahead of Qatar Sports Club, extended their advantage by a further three after coasting to a fluent victory against the alreadyrelegated Al Shamal who are last in the standings with just one win from 24 matches. El Jaish went ahead in the 15th minute through Romarinho who scored from just outside the penalty area after a bit of poor defending by Al Shamal allowed Aboobacker Essa to snatch the ball and In another match yesterday, Al Arabi defeated neighbours Al Ahli 2-0. Sergio Dutra and Paulinho were on target for the winners squeeze in a pass onto the Brazilian’s path. The Army men, who started the tournament as legitimate title contenders but fell way behind Lekhwiya and Al Sadd midway through the event, clearly packed too many guns for Al Shamal. They consolidated in the 30th minute through Abdulqadir Ilyas, again largely due to Shamal’s incompetent defence. Ilyas found himself perfectly placed to chest down a long goalkick from El Jaish ‘keeper Saoud al-Khater and scored with an easy lob over Shamal custodian Chihab Salheddine’s head. Having taken a 2-0 lead at the interval, El Jaish were determined to score as many goals as possible and struck in the third minute after resumption, with Romarinho finding the net from an assist by Magid Mohamed. loyd Mayweather’s blockbuster May 2 bout with Manny Pacquiao will help make the American fighter’s 2015 earnings shatter the all-time record for a sportsman’s annual pay, Forbes. com calculated yesterday. Forbes noted that Mayweather will likely to earn at least $150 million and Pacquiao more than $100 million for the welterweight world title showdown in Las Vegas. The financial news website said payouts could be higher still if more than three million pay-per-views are sold. Mayweather’s haul would represent the highest yearly earnings ever by an athlete, surpassing Tiger Woods’ inflation-adjusted record of $125 million in 2008, Forbes said. Woods currently occupies both first and second place on Forbes’ list of all-time highest paid athletes in a given year, adjusted for inflation, his adjusted earnings of $120 million in 2009 number two on the list. NBA legend Michael Jordan is next, with inflation-adjusted earnings of $115 million in both 1997 and 1998. Woods’ $113 million in 2007 and 2010 are next. The highest boxer on the list is former heavyweight world champion Mike Tyson, with inflation adjusted earnings of $112 million in 1996. Forbes said its figures were the result of 25 years of tracking athletes’ earnings. Pacquiao promoter Bob Arum has predicted that record-shattering revenue totals for the May 2 mega-fight could surpass $400 million. Ali denies picking Manny as favourite AFP Los Angeles Al Shamal went down further in the 70th minute, this time courtesy of an own goal, when Sultan Saad fired the ball into his own net while attempting a clearance off a shot from Yousuf Muftah. An 80th minute penalty by Mohamed Muntari fetched El Jaish their fifth goal, but Al Shamal gained some sort of consolation when they managed to pull one back, thanks to Ali Fartous who scored after receiving an assist from Hamad Faraj. El Jaish coach Sabri Lamouchi, who before the match had spoken of his disappointment at his team not being able to live up to their promise, was not complaining yesterday. “We played very well and deserved this huge win which will help us star in contention for the Cup tournaments,” said Lamouchi. In another match yesterday, Al Arabi defeated neighbours Al Ahli 2-0. Sergio Dutra and Paulinho were on target for the winners. Al Ahli and Al Arabi are sixth and seventh in the standings. That includes $74 million from just over 15,000 tickets at the MGM Grand Garden Arena. The foreign rights to the fight sold for a record $35 million, according to Arum. As Forbes noted, the big X-factor in a final revenue figure is pay-per-view sales. Boxing’s record for pay-per-view purchases is the 2.4 million buys from Mayweather’s split-decision win over Oscar de la Hoya. The record for pay-per-view receipts is the $152 million set by Mayweather’s 2013 bout with Saul ‘Canelo” Alvarez. Mayweather-Pacquiao, a fight more than five years in the making between the men considered the best pound-for-pound fighters of their generation, is expected to “crush” both pay-per-view numbers, Forbes noted. The Wall Street Journal reported this week that the pay-per-view price for the fight will be a record $99 for the high definition feed, with a standard definition version costing a slightly cheaper $89. B oxing legend Muhammad Ali isn’t in the prediction business when it comes to the May 2 mega-fight between Manny Pacquiao and Floyd Mayweather. A report on celebrity website TMZ this week quoted Ali’s daughter, Rasheda, as saying the former heavyweight world champion and civil rights activist “is Team Pacquiao all the way.” “He knows Manny’s a great fighter ... but it’s more about what he does outside the ring. He’s such a charitable person,” the website quoted her as saying. On Thursday, however, a statement from an Ali publicist posted on the Muhammad Ali Center website denied that the champ was backing either fighter. “Muhammad Ali would like to wish both Floyd Mayweather and Manny Pacquiao well in their upcoming fight on May 2,” the statement said. “Muhammad never offered to anyone his prediction on the fight. Information that was published earlier this week and picked up by other media is either a misquote or someone else’s personal opinion. “The stories saying that Muhammad Ali has chosen a favourite in the fight are false.” Ali, who turned 73 in January and has battled the effects of Parkinson’s disease for decades, hasn’t attended a fight in years. He isn’t expected to be at the MGM Grand Garden Arena in Las Vegas on May 2 when Pacquiao and Mayweather meet in a welterweight world title fight. Pacquiao, a two-term congressman from Sarangani province in the Philippines, is 57-5 with two drawn and 38 knockouts while Mayweather is 47-0 with 26 knockouts. The fight long wanted by fans around the world has been five years in the making, and is expected to shatter revenue records. “Muhammad has the utmost respect for both fighters who will undoubtedly give boxing fans an incredible match,” the statement said. “He believes the significance of this fight will rival other historic matches. Muhammad Ali will join the rest of the world on May 2 to watch this match-up.” 2 Gulf Times Saturday, April 4, 2015 FOOTBALL Inter would be ‘delighted’ to sign Toure, says Mancini Yaya Toure remains a target for Inter Milan although coach Roberto Mancini has claimed that no talks have been held to bring the Manchester City midfielder to the San Siro. Mancini returned to Milan for his second spell at Inter in November last year, but the Nerazzurri remain in a dogfight to qualify for Europe next season. City midfielder Toure has long been singled out as a target for Mancini, who coached the Ivory Coast international during his four-year spell at the English club. But while Mancini admitted his admiration for the 31-yearold, he said no talks had been held yet. “There are no talks about Toure, I’ve always said he’s a Manchester City player but we’d be delighted if we could sign him for Inter,” Mancini said on Friday. Despite Inter’s struggles to keep pace in Serie A—they currently sit 10th, 30 points behind leaders Juventus and 15 behind Lazio in the third and last Champions League qualifying place—Mancini remains defiant. He recently said Inter hope to challenge for the Scudetto next season, although to do so the club—owned by Indonesian tycoon Erick Thohir—will have to spend big in the summer transfer market. Inter are one of several top clubs to have recently come under the scrutiny of UEFA’s financial fair play regulations, and Mancini added: “We have to respect the regulations but I strongly believe Inter will be very competitive next season. We’ll only sacrifice players if the team can emerge stronger for it.” Inter, meanwhile, have become the latest club to be linked with Paulo Dybala, although Palermo owner Mauro Zamparini has slapped a 40mn-euro ($44m, 29.5m pounds) price tag on the Argentinian striker’s head. “Dybala is a quality player, he’s young and I think he’ll become a top class forward. Inter are a big club and naturally we’re looking for quality players so we can start winning again,” Mancini admitted. Inter host basement side Parma on Saturday and although Mancini has warned against taking the league strugglers lightly, he has underlined the need for wins over the closing 10 games of the campaign. “We have to do our best over our last 10 matches. It’s not easy to take over mid-season but you can only get results with time and through hard work,” he added. ENGLISH PREMIER LEAGUE Liverpool mind the gap ahead of Arsenal trip ‘We really want to make sure we perform and give ourselves a chance to get a positive result’ AFP London L iverpool visit Arsenal for a potentially definitive Premier League encounter this weekend, as the runners and riders in the race for Champions League qualification embark upon the season’s final lap. Having had their 13-game unbeaten run ended by Manchester United before the international break, Liverpool find themselves five points below the Champions League spots with only eight games of the season remaining. Another defeat at the Emirates Stadium could see Liverpool cut adrift, but victory would take them to within three points of their opponents, revitalising their quest for a topfour finish. “In terms of the objectives going into the game, it’s no different to what it was before Manchester United, but of course we had a disappointing result and performance last time out,” said Liverpool manager Brendan Rodgers. “We really want to make sure we perform and give ourselves a chance to get a positive result.” Arsenal are seeking to record a seventh league win in succession—a feat they last achieved in March 2012 - and with Manchester City not in action until Monday, victory would lift Arsene Wenger’s side up to second place. “It’s a big game and an opportunity for us to continue our run, which is what we want to do,” Wenger told his pre-match press conference. “You know after the international break it’s always important that you come back and straight away you are on it.” Mathieu Debuchy, Mikel Arteta, Jack Wilshere and Abou Diaby are all back in training for Arsenal after injury, while Wenger said Danny Welbeck had a “little chance” of playing after hurting his knee on England duty. Daniel Sturridge and Adam Lallana could both feature for Liverpool despite withdrawing from the England squad through injury, but Steven Gerrard and Martin Skrtel are suspended. Raheem Sterling, meanwhile, is likely to find more than a few camera lenses trained on him Liverpool manager Brendan Rodgers. after he confirmed that he has rejected a new contract offer and described reported interest from Arsenal as “flattering”. United, a point behind Arsenal in fourth place, will also have designs on supplanting City ahead of a home game with relegationthreatened Aston Villa. Louis van Gaal’s side appear to have clicked, belatedly, after stylish victories over Tottenham Hotspur and Liverpool, but captain Wayne Rooney has warned that those wins will count for nought if they do not kick on. Chelsea close in Asked if the 2-1 success at Anfield had been a six-pointer, the England skipper replied: “Yes it was, but that means nothing if we don’t beat Aston Villa on Saturday. “Obviously Arsenal play Liverpool as well, so if we can get the win against Villa, that will be an even better result than Liverpool was for us.” Tottenham and Southampton, both six points below the top four, have opportunities to make up ground on at least one of the teams above them. Southampton travel to Everton on Saturday, while Spurs visit third-bottom Burnley the following day. Six points clear with a game in hand on all their pursuers, leaders Chelsea can take another step towards the title when they welcome Stoke City to Stamford Bridge. Jose Mourinho’s side have stuttered in recent weeks, drawing successive home games against Burnley and Southampton, and midfielder Cesc Fabregas has urged his team-mates not to let their standards slip. “Now we have to fight hard to win the Premier League and make this season a great year,” said the Spaniard. “We still have the chance to win the double (league and League Cup), and for that reason we cannot relax for a moment.” SPOTLIGHT FIXTURES (1400 GMT unless otherwise stated) Today’s matches Arsenal v Liverpool (1145 GMT), Chelsea v Stoke City (1630 GMT), Everton v Southampton, Leicester City v West Ham United, Manchester United v Aston Villa, Swansea City v Hull City, West Bromwich Albion v Queens Park Rangers Tomorrow’s matches Burnley v Tottenham Hotspur (1230 GMT), Sunderland v Newcastle United (1500 GMT) Monday (1900 GMT): Crystal Palace v Manchester City OPINION Mourinho rules out surgery for Costa AFP London D iego Costa will not need an operation to solve his ongoing hamstring problem, Jose Mourinho claimed, as the Chelsea manager also insisted the forward will be selected for today’s home match against Stoke City. Costa sat out Spain’s Euro 2016 qualifying win over Ukraine and then the 2-0 friendly defeat to the Netherlands over the last week, but Mourinho insisted that the best way to deal with the situation is with Chelsea’s current approach. “To work as he does in the season, in prevention to make the muscle stronger, but at the same time elastic and flexible,” the Chelsea boss said. “Recover well with no big accumulation of fatigue. This is what we do. We don’t believe in operations. Our medical department and myself, we believe an operation is the last resort for every injury, so we try and be conservative, to train and recover and try and compensate the problems. “I don’t believe we’ll ever go in the surgery direction. “It was the same injury, a hamstring, and he dedicated Defending champions City travel to in-form Crystal Palace on Monday, by which time they could conceivably be in fourth place in the table and nine points below Chelsea. Bottom club Leicester City and second-bottom Queens Park Rangers are running out of time to close the gap on the teams above them, but thirdbottom Burnley trail fourthbottom Sunderland by a slender point. Sunderland host Newcastle United in the Tyne-Wear derby, where the visitors will be looking to halt a chastening run of four consecutive defeats against their local rivals. Chelsea forward Diego Costa. himself to recovering,” Mourinho said of Costa’s international absence. “No days off, the medical department were saying. Morning, afternoon, working hard. We can say we did all the tests and scans to confirm, two days ago, scientifically the situation and at this moment the muscle is fine. “But football is more than that: you need confidence, to believe that you don’t need to break your intensity and are free to ex- press yourself at the maximum intensity, and that’s our doubt. “We’ll see the next 24 hours. But selected? That’s for sure.” Hazard set to start Mourinho also expects Eden Hazard to start against Stoke, despite complaints of fatigue during the week following the international break. The forward was involved in Belgium’s 5-0 win over Cyprus, and then the 1-0 win over Israel, in their Euro 2016 qualifying group. “Hazard is tired because he played two matches in three days because he played in Israel, travelled, didn’t sleep, arrived in Belgium 5am or 6am, and he’s been playing. “We think he can recover in these couple of days, but he plays tomorrow. That’s football.” Otherwise, Chelsea have no injuries, but John Obi Mikel is not yet fit enough to be involved. Mourinho also claimed the ti- tle race has now extended to four teams, given how tight the top is, and refused to do what he did in 2004-05 and predict a date Chelsea would win the league. “Four [teams] now,” Mourinho said, with the two Manchester clubs and Arsenal all giving chase. “Look at the points difference. You have to say four now. Not five, because there’s a gap from fourth to fifth and, with eight matches to go, that’s a difficult game from first to fifth. “But the points difference between second, third and fourth makes me think and feel that they are there. “We need six victories and one draw from nine matches. A good situation for us, and one all the other clubs would like to have. But it’s pure mathematics. We need to win six matches and draw one. We need to do that, and we haven’t done it yet.” Asked whether he could put a date on the day they’d win the league, he said it’s “too early”. “But if we’re champions in the last match, I’m more than happy with that. I’m not thinking about how or when. I’m just thinking that we need to win six matches and draw one. “Every victory we have now is one victory less that we need, and one less occasion for our opponents to reach us. We have to go.” Koeman cool on Saints’ Champions League chances AFP London S outhampton manager Ronald Koeman has admitted that the chances of seeing the south-coast side qualify for the Champions League are now remote. With eight games of the season remaining, the Saints are sixth in the table, six points adrift of Manchester United in fourth. Dutchman Koeman remains upbeat about his side’s chances of qualifying for Europe, but knows the Europa League is a more realistic possibility. “Realistically the Champions League will be difficult for us because we have the distance to make up in points,” Koeman said ahead of Saturday’s trip to Everton. “If we win the next two or three games we’ll be fighting for it, but the Champions League is more for the big teams. “We play eight finals now and the season so far has been fantastic. If we reach Europe, it will mean a special Southampton manager Ronald Koeman season for the club.” On the trip to Goodison Park to face an Everton side who have endured a difficult season but have won their last two matches, Koeman added: “Everton are a tough test because they deserve to be in a higher position in the table. I like the way they play football and how Roberto Martinez is doing his job. “They won the last two games and are playing with more confidence. It will be a tough game, but a nice one because we play the same way. “How we play is about winning, not about controlling and defending. That makes the game more open than normal.” Gulf Times Saturday, April 4, 2015 3 FOOTBALL SPANISH LEAGUE Messi fit to face Celta Vigo ‘We are very strong at home, we have 10 finals left and Sunday is the first of them’ the bench with Luka Modric, Toni Kroos and Isco keeping their places in the side that lost 2-1 at the Camp Nou last time out. Meanwhile Raphael Varane should replace the injured Pepe in defence. Valencia will also be attempting to maintain an unlikely title challenge when they face Villarreal at home on Sunday. Los Che have taken 25 points from a possible 30 to remain just eight points adrift of Barca and face both the Catalans and Madrid in the remaining 10 games of the season. “We are very strong at home, we have 10 finals left and Sunday is the first of them,” captain Dani Parejo told the club’s website. “It is a derby between two teams fighting for similar objectives. We are in third, whilst they aren’t in great form and need the win. It will be a good game between two sides that like to play good football with intensity.” Valencia could be back down to fourth before they kick-off at the Mestalla, though, as Atletico Madrid trail Nuno Espirito Santo’s men by just a point and the champions are in action on Saturday away to a Cordoba side that have lost their last nine La Liga games. AFP Madrid F our-time World Player of the Year Lionel Messi has been passed fit to continue Barcelona’s title charge when they travel to Celta Vigo tomorrow, hoping to avenge a shock defeat to the Galicians earlier this season. Messi missed both Argentina’s friendly wins over El Salvador and Ecuador in the past week due to a foot injury picked up in Barca’s crucial 2-1 victory over eternal rivals Real Madrid a fortnight ago. However, he took part in a light training session on Thursday and the club confirmed that the inflammation in his foot had improved. The trip to Vigo kicks off an intense month for Barca with seven league fixtures and a Champions League clash with Paris Saint-Germain to come in the next 28 days. However, defender Gerard Pique welcomed the challenge of trying to win the treble for just the second time in the club’s history after failing to pick up any silverware last season. “The most important part of the season is coming now,” said the Spanish international. “There are a series of very hard games and the Champions League quarter-finals around the corner. We know how hard it will be and we need to be up to the task if we want to win titles. “We have the team to do it and we have shown how we have improved throughout the year which gives us a lot of confidence. We have the experience of last year and we have to try and improve on that.” Barca will be without the injured Jordi Alba and suspended FIXTURES World Player of the Year Lionel Messi has been passed fit travel to Celta Vigo tomorrow. Javier Mascherano, but Sergio Busquets will be fit to take his place in the starting lineup for the first time in over a month. Neymar set to be called as witness in Barcelona tax case Real Madrid can close to within a point of the leaders when they face struggling Granada in Sunday’s early game. Los Blancos have only won one of their last four league games, but will be confident of a return to winning ways against a Granada side that hasn’t won away from home since September. James return Madrid boss Carlo Ancelotti will have a full compliment of midfielders to choose from for the first time in five months as BUNDESLIGA Injury-hit Bayern head to resurgent Dortmund mistaken, we never have been, but we have never considered ourselves to have no chance and that also goes for now.” With five wins and two draws in their last seven league games, Dortmund have pulled away from the Bundesliga’s relegation zone. They are free to focus on their domestic form following their Champions League exit to Juventus in the last 16. Even missing Ribery, Alaba and Robben, Klopp expects Bayern to be dangerous. “We still have to reckon with some top quality from Bayern, those boys can all play football,” he said. “But the fact is, Bayern will have to make a few changes without their three fastest players, which is what we have to be concerned about. “You have to prepare yourself for how the opposition will line-up against you.” Without Robben, Bayern’s top scorer this season with 17 goals in 21 games, Guardiola will be missing some pace on the flanks, especially on the left without wing-back Alaba and winger Ribery. “It’s bad news,” said Bayern captain Philipp Lahm. “They are really important for us. We mustn’t complain, we need to look forward. “We’ve got a big squad and have to compensate for losses like this.” AFP Munich I Brazilian star Neymar is set to be called as a witness along with seven other people in the investigation into possible tax fraud by Barcelona in relation to his transfer to the Camp Nou. Radio station Cadena Ser announced yesterday that “according to legal sources, prosecutors will ask him to appear as a witness in the tax fraud case against Barcelona president Josep Maria Bartomeu, the club and former president (Sandro) Rosell”. According to the same sources, the Madrid court that deals with complex financial cases will accept the request. Cadena Ser added that the request that Neymar appears in person before the court is justified by the fact that he personally signed nine of the 13 contracts being investigated. The Catalan club and their former and current presidents are accused of hiding the real cost of the transfer that brought the Brazilian star, now 23, to Barcelona from Santos in 2013. Prosecutors say Neymar cost “at least 83,371,000 euros” (£61.19m, $90.7m) and not the 57mn initially reported by Barcelona. A trial could take place in the autumn and might only last a week, Cadena Ser added. Prosecutors last month requested a prison sentence of two years and three months for Bartomeu and seven and a half years for his predecessor Rosell. The Madrid court is also calling for a fine of 22.2mn euros ($24.1mn) against the club over the transfer deal. Judge Pablo Ruz said various contracts produced “were designed to cover or hide the fact that in reality they represented a higher cost for Barcelona” in order to “avoid or significantly reduce the money paid to the tax authorities”. The cost of the transfer rose steeply when Barca decided to bring forward an initial agreement signed in 2011 for the player to move in 2014 by a year as other clubs, including rivals Real Madrid, attempted to hijack the deal. Rosell resigned over the scandal in January 2014 with his then vice-president Bartomeu taking charge. James Rodriguez should make his return from a broken bone in his foot. The Colombian will probably have to settle for a place on njury-hit Bayern Munich head to resurgent Borussia Dortmund today shorn of their top stars and with the hosts out to prove there is still life in Germany’s ‘Der Klassiker’. The Bundesliga has been won twice each by Dortmund and Bayern over the last four years and the media here has dubbed their meetings ‘Der Klassiker’—Germany’s answer to Spain’s ‘El Clasico’ between Barcelona and Real Madrid. But a glance at the Bundesliga table highlights Dortmund’s dramatic fall from grace this season with Jurgen Klopp’s side currently tenth having started February bottom of the table after a disastrous run of results. In contrast, Bayern are ten points clear in the league table and heading towards a third straight league title. But Pep Guardiola’s Bavarians will be missing injured key stars Arjen Robben, David Alaba and Franck Ribery at the Signal Iduna Park. Defender Holger Badstuber is struggling with a hip injury, but veteran striker Claudio Pizarro is set to return from a leg injury. Bayern lost for the third time this season last time out going down 2-0 in Munich to Borussia Moenchengladbach, a fortnight ago. There is, however, no talk of an upset from the Dortmund camp. “At the moment it’s certainly not a top-of-the-table clash when you look at the table,” admitted Dortmund’s director of sport Michael Zorc. “But it will still grab the attention ofmns of fans across Germany.” ‘Bad news’ -With Germany winger Marco Reus in superb form for both club and country alongside top-scorer Pierre- FIXTURES Bayern Munich’s Austrian defender David Alaba during the German first division Bundesliga match versus Borussia Moenchengladbach in Munich, southern Germany on March 22. Bayern Munich announced on Wednesday that Alaba will be out “for around seven weeks” with a knee ligament injury suffered playing for his country. Emerick Aubameyang, Dortmund have the attack to cause Bayern problems. “We have generally never given up on a home game in advance,” said Klopp, who will be without Germany squad members Kevin Grosskreutz and Erik Durm. “I would suggest we don’t talk much and instead try to put in a good performance. “We’re not at the same level as Bayern and, unless I am (all times 1330 GMT unless stated) Today’s matches Bayer Leverkusen v Hamburg, VfL Wolfsburg v VfB Stuttgart, Hoffenheim v Bor. Moenchengladbach, Werder Bremen v Mainz 05, Eintracht Frankfurt v Hanover 96, Freiburg v Cologne, Borussia Dortmund v Bayern Munich (1630) Tomorrow’s matches Augsburg v Schalke 04, Hertha Berlin v Paderborn (1530) (all times GMT) Today’s matches Sevilla v Athletic Bilbao (1400), Cordoba v Atletico Madrid (1600), Almeria v Levante (1800), Malaga v Real Sociedad (2000) Tomorrow’s matches Real Madrid v Granada (1000), Valencia v Villarreal (1500), Getafe v Deportivo la Coruna (1700), Celta Vigo v Barcelona (1900) Monday Espanyol v Elche (1800) Gravely ill US teen gets ‘wish’ to see FC Bayern Munich play William Stuhlreyer doesn’t speak German, but he has no trouble rattling off the names of FC Bayern Munich’s top stars: Schweinsteiger, Lewandowski, Mueller, Goetze. The California teenager says he’s one of the German team’s biggest fans. At his parents’ home in Alameda, a suburb of San Francisco, he proudly shows off the club flag on his bedroom wall. He’s wearing a hat with the team’s logo and a team jersey with number 19 Mario Goetze. Stuhlreyer’s dream is to see them play live someday. And on April 11 that dream will come true when Bayern take the field to play Eintracht Frankfurt as Stuhlreyer cheers them on in the stands. “I’ll be screaming a lot in English, and I will try a bit of German,” he told DPA. “There will be a lot of screaming!” In November, he was shouting for joy when the Make A Wish foundation told him and his family the good news. They’re flying William Stuhlreyer, his older sister Ellie and their parents to Germany this Easter Sunday, April 5. The international organization aims to “enrich the human experience with hope, strength and joy” by granting wishes to children and teens suffering from serious illness. Stuhlreyer suffers from Barth syndrome, a rare genetic disorder that weakens the heart muscle and immune system in boys and men and stunts their growth. Only about 200 people have been diagnosed with the disease worldwide. “You just think I’m younger than I am, because I’m so small,” the 15-year-old said. “A lot of people ask me, are you 10?” When he was born, his parents knew right away that something was wrong. Doctors at Yale University Hospital discovered the cause when he was 9 months old. 4 Gulf Times Saturday, April 4, 2015 FOOTBALL Swedes’ love for Ibrahimovic unshaken by outburst FRENCH LEAGUE PSG aim to strike blow in ‘Classique’ showdown ‘A sort of supremacy is at stake but at the end of the day there is only three points up for grabs’ A foul-mouthed outburst by Paris Saint-Germain star Zlatan Ibrahimovic has drawn virtually no criticism in his native Sweden, where churlish comments have only underscored his image as a straight-talking underdog. The 33-year-old will face the French league’s disciplinary commission on April 9 for comments made after PSG’s defeat at Bordeaux on March 15, when he labelled France a “shit country” that “does not deserve PSG.” French Prime Minister Manuel Valls said he was “shocked”, while far-right National Front leader Marine Le Pen suggested the Swede could leave France if he was unhappy. But in Sweden few people were upset or even surprised by the spat. Mats Lilienberg, who played with Ibrahimovic at Malmo, painted a picture of a hardworking, focused athlete whose hyperbole was only part of his charm. Beneath the swagger he “is another person if you know him,” the 45-year-old former teammate told AFP. “He was coming up, he was young and cocky. He was exactly the same then as he is today. But... he’s very kind, humble. He’s there for people who are close to him,” he said. Role model In Ibrahimovic’s hometown of Malmo there were no signs that the French controversy had dented the image of the city’s own superstar. “He’s got class, he’s got good character. His attitude is not always good but you still like it,” 16-year-old Elias Abdullah said on the sidelines of a school football tournament. “It’s not every day that a small guy from Rosengaard becomes the world’s best football player,” he added, referring to the immigrantheavy neighbourhood where Ibrahimovic, like himself, once lived. Ibrahimovic, born in Sweden to a Bosnian father and a Croatian mother, admitted in a 2011 autobiography that the first time he ventured into the city centre was in his late teens, feeling like an outsider who knew very little about the country’s top footballers until he became one himself. “I mean, I was from Rosengaard. I didn’t give a damn about the Swedes. I’d been following the Brazilians,” he said. Rags to riches story Since then he’s made a remarkable journey into mainstream Swedish culture, winning numerous awards. A “fantastic class journey”, as detailed in his best-selling autobiography, helped boost his popularity in the country, says Cristine Sarrimo, an assistant professor of literature at Lund University. The story was a “myth about an anti-hero who... succeeds against the odds, completely on his own merits,” she said. Anja Gatu, a sports columnist at regional daily Sydsvenskan, said that even though he still had his detractors— some of whom could be found among the anti-immigrant Sweden Democrats—Ibrahimovic’s football skills had won over the Swedish public after an initially rocky start. The fact that he “never made a secret of wanting to be the best” coupled with his brash comments—sometimes made in jest but misunderstood— sat uneasily with some Swedes, she said. Gatu herself took offence in 2013 when he waded into a row over the Swedish FA’s decision to reward Swedish midfielder Anders Svensson with a car, but not his female counterpart Therese Sjoegran. AFP Paris P aris Saint-Germain can strike a major blow in the Ligue 1 title race by continuing their impressive recent record against Marseille when the bitter rivals meet at the Stade Velodrome tomorrow. The defending champions have spent most of the season playing catch-up at the top but finally reached the summit after beating Lorient 3-1 in their last outing a fortnight ago, leading Lyon by one point and Marseille in third by two points. Laurent Blanc’s side have dominated the fixture known as ‘Le Classique’ in recent years, with their 2-0 win at the Parc des Princes in November their sixth in a row against OM. Indeed, they have won seven and drawn one of the last eight match-ups since going down 3-0 at the Velodrome in November 2011, when Andre Ayew was among Marseille’s scorers. “Before the current period, Paris were struggling because we were better off financially,” recalled Ayew, the son of former Marseille and Ghana star Abedi Pele, in an interview with sports daily L’Equipe this week. “Since being taken over by the Qataris, Paris have taken on another dimension. We need to be realistic. They have brought in players to build a great team and they proved that against Chelsea,” he added with a nod to PSG’s Champions League last16 win over the London side last month. “Playing in a Classique is unique. My dad always used to say to me that these were matches you couldn’t lose.” Marseille have climbed right back into contention after taking seven points from a possible nine in March having previously gone four games without a win. And Marcelo Bielsa’s side will look to make the most of having home advantage, with a record crowd of around 64,000 expected at the renovated Velodrome, where the atmosphere Marseille’s French president Vincent Labrune (left) and Paris Saint-Germain (PSG) football club’s Qatari president Nasser al-Khelaifi. Paris Saint-Germain can strike a major blow in the Ligue 1 title race by continuing their recent record against Marseille when the rivals meet at the Stade Velodrome tomorrow. can be among the most raucous in Europe. “This match is always a bit special,” Paris coach Laurent Blanc, who played in the fixture for OM for two seasons in the late 1990s, told PSG TV. “A sort of supremacy is at stake but at the end of the day there is only three points up for grabs. It is an exciting game to take part in for various reasons, especially because of the satisfaction we can give to the supporters.” Marseille coach Bielsa has a decision to make in attack, where Andre-Pierre Gignac has been the first choice this season but Michy Batshuayi is the man in form. Batshuayi came off the bench to score twice in the 4-0 win against Lens last time out and the Belgian, who made his full international debut last weekend, has scored six goals in his last five games. Dangerous outsiders With their main rivals facing each other, Lyon will hope to take advantage when they go to Guingamp on Saturday. Hubert Fournier’s side, who lost 2-1 at home to Nice in their last outing, are without the injury-prone Yoann Gourcuff as well as France right-back Christophe Jallet, who suffered a dislocated shoulder on international duty. Meanwhile, Monaco remain dangerous outsiders in the title race as they sit six points behind the leaders with a game in hand. The principality club entertain Saint-Etienne, just one ITALIAN LEAGUE FIXTURES (kick-offs 1800GMT unless stated) Today’s matches Guingamp v Lyon (1500GMT), Lille v Reims, Lorient v Rennes, Metz v Toulouse, Montpellier v SC Bastia, Nice v Evian Tomorrow’s matches Bordeaux v Lens (1200GMT), Nantes v Caen (1500GMT), Marseille v Paris Saint-Germain (1900GMT) EPL Tension mounts ahead of crucial Roma-Napoli clash AFP Rome R ome will be on high alert today as Roma host Napoli for the first time since a supporter was killed last year in clashes between the teams’ rival fans. The game has been scheduled for 1030 GMT (1230 local time) due to fears over fan violence. Last May, Napoli fan Ciro Esposito was shot and killed by a hardline Roma ‘ultra’ supporter on the fringes of the Italian Cup final. City officials have banned visiting Napoli fans from the game and ticket sales among the Roma supporters are not expected to soar either. But the match itself is crucial to both sides’ Champions League qualification hopes. With Juventus boasting a 14-point lead over secondplaced Roma, the Bianconeri look to already have a fourth consecutive scudetto sewn up. But the race to join them in the Champions League next season is far from over, and faltering Roma are the target for several hopefuls, including Napoli. A remarkable return of eight draws from a recent nine-game run effectively ended Roma’s title hopes and left Rudi Gar- point behind them in fifth, at the Stade Louis II on Friday. “We are aiming to continue climbing the table. Every match is decisive now,” said Monaco coach Leonardo Jardim, who will be without veteran defender Ricardo Carvalho due to a twisted knee. Elsewhere, Bordeaux, in sixth, host Lens on Sunday, while bottom side Metz entertain fellow strugglers Toulouse and Lorient host Brittany rivals Rennes today. Roma forward Adem Ljajic. cia’s men holding just a onepoint lead over city rivals Lazio with 10 games remaining. Sampdoria sit in fourth, four points further adrift, with Napoli in fifth a further point off the pace. Roma finally got back to winning ways away to Cesena prior to the international break, but will be without injured striker Gervinho. Roma forward Adem Ljajic says beating Napoli is important to keep Lazio at bay. “Saturday’s game counts a lot for both sides, but we want to go out and play our game and try to win,” Ljajic said. “Lazio are a top side and are having a great run at the moment, but for now we’re in second and we’ll do everything to stay there.” While victory has eluded Roma of late, Napoli have not exactly been blazing a trail, dropping five points behind Lazio after winning only one of their last six league games. An eventual slip-up by Roma could see high-flying Lazio, who are away at Cagliari, move up to second place, adding spice to the existing bitter rivalry between the capital clubs. “Finishing second (behind Juve but above Roma) would be like winning the title for us,” Lazio captain Stefano Mauri told Sky Sport. “In the city, people are really starting to feel the rivalry and our fans are desperate for us to go ahead of Roma.” Fiorentina host Sampdoria in a clash that, while considered crucial for their respective European hopes, was already expected to serve up a cracking game between two attacking sides. Vincenzo Montella’s men have lost only once in their last 11 league games but welcome Sinisa Mihajlovic’s team with doubts over the availability of winger Manuel Pasqual and defender Stefan Savic. Sampdoria are looking for their fifth win on the trot and should be confident following a well-deserved home win over Inter Milan two weeks ago that left Mihajlovic purring. “It was the best football we’ve played all season,” said the Serbian. AC Milan’s face a tough trip to Palermo as they chase a Europa League place, while city rivals Inter, a further point off the pace in 10th spot, host basement side Parma. Juventus, who have lost only once this season, are in action late today when they host a tenacious Empoli side that is unbeaten in eight games. FIXTURES Today’s matches Roma v Napoli (1030 GMT), Atalanta v Torino, Cagliari v Lazio, Genoa v Udinese, Verona v Cesena, Inter Milan v Parma, Palermo v AC Milan, Sassuolo v Chievo (all 1300), Fiorentina v Sampdoria (1630), Juventus v Empoli (1900) Middlesbrough steal a march in race to the Premier League AFP London M iddlesbrough stole a march on their Championship promotion rivals as they returned to the top of the table a 1-0 win against lowly Wigan Athletic yesterday. With Bournemouth and Watford not playing their games against Ipswich Town and Derby County respectively until later in the day, Aitor Karanka’s side kept themselves firmly in the hunt for automatic promotion to the Premier League thanks to Patrick Bamford’s 17th strike of the season. The on-loan Chelsea striker bent a low effort into the bottom corner in the 20th minute and that was enough to see off second-bottom Wigan and send Middlesbrough two points clear. It was also a good afternoon for Norwich City, who are out of the top two only on goal difference alone after a 1-0 win at Brighton. It was exactly one year ago this weekend when the Canaries sacked Chris Hughton, but there was to be no revenge for the Brighton boss as his new side were downed by Bradley Johnson’s cool finish just after the hour. Brentford also moved back into the top six after a 4-1 thrashing of west London rivals Fulham. The Bees surged into a twogoal lead thanks to Stuart Dallas’s brace. Ross McCormack’s penalty got the struggling Cottagers back in it with 20 minutes to go, but late efforts from Alan Judge and Ramallo Jota ensured Brentford romped to a memorable victory. Wolverhampton Wanderers also climbed back into the play-off places with an impressive 2-1 win at Nottingham Forest. Kenny Jackett’s side went in front just 20 seconds after the restart with a fine effort from distance by Benik Afobe and Bakary Sako’s 72nd-minute penalty ensured they moved up to sixth despite Dexter Blackstock’s late strike. Millwall breathed fresh life into their survival fight with a 2-1 win against 10-man Charlton Athletic in a dramatic south London derby at The Den. Elsewhere, fourth-bottom Rotherham United’s plight is more precarious after they went down 2-1 at Birmingham City. Bournemouth will have the chance to reclaim top spot when they take on Ipswich, while Watford make the trip to promotion rivals Derby. Gulf Times Saturday, April 4, 2015 5 GOLF SPOTLIGHT FOCUS McIlroy seeks career slam at Masters ‘It’s a big deal, what I’m trying to achieve’ The 25-year-old would become the first European golfer to complete the career sweep of the men’s golf majors with a triumph at Augusta National. McIlroy would join Jack Nicklaus, Tiger Woods, Ben Hogan, Gene Sarazen and South African Gary Player on the career Grand Slam list, although Woods would remain the youngest to complete the sweep, having done so at age 24 by winning the 2000 British Open. AFP Augusta W orld number one Rory McIlroy chases his third consecutive major title and tries to become only the sixth player to complete a career Grand Slam next week at the Masters. The 25-year-old from Northern Ireland would become the first European golfer to complete the career sweep of the men’s golf majors with a triumph at Augusta National. “It’s a big deal, what I’m trying to achieve,” McIlroy said. McIlroy would join Jack Nicklaus, Tiger Woods, Ben Hogan, Gene Sarazen and South African Gary Player on the career Grand Slam list, although Woods would remain the youngest to complete the sweep, having done so at age 24 by winning the 2000 British Open. And McIlroy would do so on the Augusta National layout founded by Bobby Jones, who won his 1930s-era version of a career slam by taking the US and British Opens and Amateurs. McIlroy might well have already owned the green jacket symbolic of Masters su- premacy had he not suffered a back-nine collapse while leading in the final round in 2011 and fired an 80 to finish in a share of 15th. But that humbling defeat prompted McIlroy to bounce back and win his first major in his next opportunity, the 2011 US Open at Congressional, and since then he has added the 2012 and 2014 PGA Championships and last year’s British Open. This year, McIlroy won at Dubai and finished second at Abu Dhabi but stumbled in his US tuneups for the Masters, missing the cut at the Honda Classic and opening with a 73 at Doral before rallying to finish ninth and then share 11th at Bay Hill two weeks later. McIlroy was not unhappy that he had yet to find his top form, hopeful his timing would be perfect for Masters week. “I sort of like that because if I had played really well the last few weeks, how do I keep this going,” McIlroy said after Bay Hill. “It’s almost like it’s nice to be able to try and build yourself up. I don’t feel like I’m right there. I feel like I’m just gradually building myself up so it’s actually not a bad position to be in.” Crowd roars echoing along the back nine around Amen Corner and into golf history have names for their volume, a Jack roar or a Tiger roar, but Augusta National could face a new level of loud in the final round—the McIlroar. And this time, McIlroy has greater confidence in his ability to grind out a victory. “I think it’s something that you need,” McIlroy said. “Augusta is one of the most mentally challenging weeks of the year. You get off there on Sunday night and you’re sort of done. “It’s a tough week and in that regard. But I can feel I’ve made good strides with my long game. If I can just tidy the wedge play a little bit around the greens, hopefully that will be good to go.” McIlroy downplays the idea he is a runaway favourite, even though the buzz about his chance at history has been building for the past eight months. “Given how I’ve been playing. I guess if you go on form then probably no,” McIlroy said of himself as a favourite. “There are a lot of guys that are playing well to be up there, but maybe not the favorite.” Sweden’s second-ranked Henrik Stenson has had a solid start to the season despite no titles, taking second at Bay Hill and fourth at Doral and the Valspar Championship. New faces out to shine at Masters AFP Augusta I t seems like only yesterday that Rory McIlroy was the hunter. Next week when he tees off in what will be his seventh Masters he is quite clearly the hunted. The 25-year-old world number one is aiming to win his third straight major title and in so doing become just the sixth player in history to complete a career Grand Slam of the sports’ four crown jewels. To achieve that feat and enter the realms of golfing greatness the Northern Irishman will have to vanquish a rapidly-evolving cast of characters. When he first teed off in earnest at Augusta National in 2009, Tiger Woods still reigned supreme, Phil Mickelson was in his prime and Ernie Els loomed large. The youthful McIlroy had them all in his sights. Six years on, much has changed. Woods may well be in terminal decline at 39, riddled by injuries and loss of form. He is ranked 104th in the world. Mickelson is also struggling, the 44-yearold missing cuts and slumping to 21st in the rankings. Els at 45 looks like a spent force and is down at 82nd place. But, as ever, from out of the ashes a new generation of top players is emerging. Leading the way are three Americans—all younger than McIlroy. Jordan Spieth is only 21 but he has already won twice on the US PGA Tour, most recently at the Valspar Championship in February. Fellow Texan Patrick Reed at 24 has won four times, while Brooks Koepka from Florida grabbed his breakthrough win in February a month ahead of his 25th birthday. What the trio have in common is they all possess loads of talent and the burning desire to match up to and eventually unseat McIlroy from the pinnacle of the game. Spieth, who some believe is the finest young talent to emerge in the United States since Woods back in the late 1990s, is in no doubt over what he needs to do. “Right now what I’m really focused on is Rory McIlroy is number one in the world,” he said after winning the Valspar win. “That’s who everyone is And defending champion Bubba Watson could grab a share of more Masters lore by repeating. Together with his 2012 win, Watson could match Nickalus as the only players to win the Masters three times in four attempts, Nicklaus doing so in 1963, 1965 and 1966. “Everybody is talking about Rory,” Watson said. “I’m just hoping I can come in under the radar.” The only other reigning major champion at Augusta this week is 2014 US Open winner Martin Kaymer of Germany, who has yet to crack the top 30 in seven Masters starts. “The last two or three years I played really well but my putting let me down a little bit,” Kaymer said. “I proved to myself I can play the course. It’s just a matter of making a few putts here and there.” No one knows that better than Jordan Spieth, the 21-year-old American who shared second last year in his Masters debut and returns to Augusta National off a Valspar title last month. “This year I feel a little better having closed that tournament out,” Spieth said. “My swing feels better. Putting stroke is getting there. All in all, very confident about where I’m at going in.” trying to chase. Our ultimate goal is to eventually be the best in the world and this is a great, great stepping stone. “Going into the four majors of the year to have closed one out in this kind of fashion is going to give me a lot of confidence.” Reed also says he would relish the opportunity of being in contention with McIlroy going down the back nine on Sunday at Augusta National. “At the end of the day, come Sunday, if I do everything well, I should have a chance,” he said. “You know, if I don’t, then that means I have to figure something else out and I need to work on something else. “I would love to get up to that position where I’m a true rival against him (McIlroy) or battling it out one versus two, but I’ve got some ways to go. I think I’m 15th now so I still have a couple more spots to move up.” So the joint pressures of gaining golfing immortality and being the player everyone wants to beat are sure to weigh heavily on McIlroy’s shoulders at Augusta. He has already felt the full agony of a Masters meltdown in 2011 when he led by four strokes going into the final round but collapsed down the back nine to a woeful 80 that left him in a tie for 15th. He believes though that ultimately he gained more than he lost on that occasion. “It was a huge learning curve for me and I needed it, and thankfully I have been able to move on to bigger and better things,” he told the BBC in an interview. “Looking back on what happened in 2011, it doesn’t seem as bad when you have four majors on your mantelpiece.” McIlroy looks destined to add to his tally of major titles with the likelihood that he has 20 more years of top golf ahead of him. But he admits that to end his career without having at least once donned a Masters green jacket would be unthinkable. “If I was to look back as a 60-year-old at my career and had not won a green jacket I would be very disappointed,” he added. “It is the only one left and it is a course I feel I can do well at. I feel I could win multiple times, but getting that first one is the most important thing. Winning all four majors means you are a complete player. I can achieve something special.” Jordan Spieth is only 21 but he has already won twice on the US PGA Tour. FIVE INTRIGUING MASTERS STORYLINES THAT COULD DEVELOP Rory McIlroy’s quest for a first Masters victory and a complete set of Grand Slam titles alongside the growing doubts over Tiger Woods are the main talking points ahead of the Masters. But there are other intriguing storylines that could develop. Here are just five: CAN AMERICAN BUBBA MAKE IT THREE OUT OF FOUR? Augusta National brings out the best in the volatile but likeable Watson and he won there in 2012 and last year. A third triumph this year would make him just the second man alongside Jack Nicklaus to have won the Masters three times in four years. The select band of players who have won three times also include Arnold Palmer, Tiger Woods, Sam Snead, Jimmy Demaret, Gary Player, Nick Faldo and Phil Mickelson. CAN A EUROPEAN PLAYER WIN THE MASTERS AGAIN? No European player has won the Masters Bubba Watson is the defending champion at Masters. since Jose Maria Olazabal in 1999, that victory bookending a 20-year period of 11 wins for Europe starting with Seve Ballesteros in 1980. No one can explain why this has happened at a time of big successes for European golfers elsewhere. There are currently six Europeans in the world top 20 including number one and two Rory McIlroy and Henrik Stenson. WILL WE SEE A FIRST ASIAN WINNER OF THE MASTERS? South Korea’s Y E Yang remains the only Asian player to have won a major title at the 2009 PGA Championship, but it was countryman KJ Choi who came closest to winning at Augusta National with three top 10 finishes. Best bet this year would seem to be Japan’s fast-rising Hideki Matsuyama, currently ranked 16th in the world and playing in his fifth Masters. HOW WILL DUSTIN JOHNSON PERFORM AFTER TIME OUT? The big South Carolinian took six months off from the game last year to deal with unspeci- fied personal issues but has returned with a bang this year following the birth of a son with wife Paulina Gretzky, daughter of the hockey legend. Johnson promptly won the WGC-Cadillac Championship last month in superb fashion and he is back up to seventh in the world rankings. He is yet to win a major title despite coming close at the PGA Championship and the British Open. WILL THE RECORD OF OLDEST PLAYER TO WIN A MAJOR TITLE BE SMASHED? Currently that mark stands to Julius Boros who won the 1968 PGA Champinship at the age of 48. The record has been under challenge increasingly in recent years most notably by the then 59-year-old Tom Watson at the 2009 British Open. But the general belief is that the Masters is the likeliest venue for it to happen. Last year Freddie Couples led a record six 50-and-over players into the weekend. He stayed in contention deep into the final round before fading down the back nine. 6 Gulf Times Saturday, April 4, 2015 GOLF SPOTLIGHT Tiger seeks long climb back after nightmare year Woods yet to prove his surgically repaired back and knees can still contend over 72 holes at age 39 AFP Augusta H aving endured the worst year of his career, Tiger Woods arrives at Masters week struggling to recapture the form to finish 72 holes, much less to add to his 14 major titles. The former world number one has sunk to 104th in the rankings, his lowest point since before taking his first PGA title at the 1996 Las Vegas Invitational, and played only 47 tournament holes this year. Forget catching the career record 18 majors of Jack Nicklaus. Set aside the idea of three more PGA wins to match Sam Snead’s all-time victory record of 82. Woods has yet to prove his surgically repaired back and knees can still contend over 72 holes at age 39. Woods managed only 11 holes at Torrey Pines in February before withdrawing with back issues. He missed the cut in January at Phoenix after a careerworst 82 in the second round. In 10 PGA events since January of last year, Woods has withdrawn three times, missed three cuts and one secondary cut and completed 72 holes only three times, sharing 25th last year at Doral, placing 69th at the 2014 British Open and sharing last at his Hero World Challenge charity event last December, his third injury comeback event of 2014. Back surgery a year ago caused Woods to miss the Masters for the first time in 20 years. He made three comebacks in 2014 but had issues with his back and his game each time, looking less imposing and more irrelevant with every failure. “I’ve put in a lot of time and work on my game and I’m making strides, but like I’ve said, I won’t return to the PGA Tour until my game is tournament ready and I can compete at the highest level,” Woods said last month after skipping his usual final Masters tuneup at Bay Hill. “I hope to be ready for the Masters and I will continue to work hard preparing for Augusta.” If Woods returns to competition as expected next Thursday at Augusta National, it will mark his longest layoff ahead of the Masters since 2010, when he endured a five-month layoff in the wake of his infamous sex scandal that included a humbling public apology telecast worldwide. Few places offer Woods the chance to awaken the echoes like Augusta National, where he has won four times and knows the secrets to success as few others. In 2010, Woods shared fourth in his comeback. He shared fourth in 2011 and 2013, adding those to his 13 top-10 finishes at Augusta National starting with his record-shattering 1997 groundbreaking first major triumph. Since then, Woods has never played more than three majors without managing a top-10 finish, a mark he puts at risk in his next major start. Woods has not won a major title since the 2008 US Open, a drought of 20 major starts since with six having been missed due to injuries, and he has not won any title since the 2013 World Golf Championships event at Firestone. Woods once commanded golf balls to bend to his will, from powerful long tee shots to amazing creativity and execution of rescue efforts and deadly accuracy on the putting green. But his injury-ravaged back and surgically repaired knees no longer respond in the same way as in the glory days. He would need to become the first player to win more than three majors after his 39th birthday to catch Nicklaus. No place better showcases Woods Tiger Woods made three comebacks in 2014 but had issues with his back and his game each time, looking less imposing and more irrelevant with every failure. than Augusta National, where he became the first black golfer to win a major title and the first green jacket winner to put cheeseburgers on the Champions Dinner menu. For all his magical shotmaking, sports fans were drawn to Woods for his fist-pumping passion, his LPGA Rancho Mirage, California: World number one LYDIA KO equalled Annika Sorenstam’s LPGA record with her 29th straight under-par round on Thursday in the ANA Inspiration. Ko, the 17-year-old sensation from New Zealand, scrambled to a one-under-par 71 in the first major championship of the season. Ko equalled the record set by Sweden’s Sorenstam in 2004 to finish the day tied for 10th, four off leader Morgan Pressel, who shot a 67. “I really wasn’t hitting my driver well, and here the rough can get pretty thick,” said Ko, who had five birdies and four bogeys. “When you’re in that position, a record was the last thing I was thinking about.” Ko teed off on the 10th hole at Rancho Mirage Country Club’s Dinah Shore tournament course. She was at even par—with four bogeys and four birdies—when she found herself behind the trees to the left of the seventh fairway. “It was a pretty nasty place to be, but I had my driver. There were two gaps. I said I hope I at least have one that I can go through,” she said. “I said I’m going to try to hit the biggest hook I could, and it would have probably looked really bad, that swing on camera, but it ended up being OK.” She found the green and two-putted for par, then birdied the eighth to get back in red numbers. Even when she left herself a tap-in for birdie at the eighth, Ko said she wasn’t thinking about tying Sorenstam’s record. “It felt like a long time since I made a birdie. I was just excited that I hit a good shot in there. The record really wasn’t in my head.” Instead she was just trying to keep herself in contention for a first major title—one of the only accolades missing from the teenager’s already stunning resume. Ko played her first nine in tricky winds that had calmed down for the afternoon starters. Despite trailing the leader by four strokes Ko sounded far from discouraged. “We’ve got a lot of golf left to play,” Ko said. gusta National as surely as if he had redesigned and reseeded the layouts himself. Woods noted last December that “Father Time is undefeated,” but as he faces the later stages of his historic career, the world will be watching to see what sort of fight he delivers. HOUSTON OPEN Former champ Pressel seizes first round lead AFP Rancho Mirage, California Record-equalling Piercy takes lead AFP Houston Scott Piercy lines up a putt on the ninth hole during the first round of the Houston Open at the Golf Club of Houston in Humble, Texas. (AFP) S M organ Pressel seized the first-round lead at the ANA Inspiration on Thursday, signalling she isn’t ready to let Lydia Ko usurp her as golf’s youngest major champion without a fight. Pressel fired a bogey-free five-under par 67 to take the first-round lead in golf’s first major of 2015 -- the newly-renamed tournament that was formerly known as the Kraft Nabisco Championship. Pressel was 18 when she lifted the trophy on the same Dinah Shore Tournament course in 2007 at Mission Hills Country Club. Ko, the 17-year-old New Zealand sensation who in February became the youngest golfer to reach number one in the world, is trying to add another “youngest to-“ achievement to her resume, but has some work to do after a first-round 71. With her 29th straight round under par on the LPGA tour, Ko matched the record set by Swedish great Annika Sorenstam in 2004. But she was only tied for 10th, four shots off Pressel’s lead heading into Friday’s second round. Pressel had a one-shot lead over former world number one and nine-time LPGA tour winner Ai Miyazato of Japan, who is still seeking her first major crown. Seven-time major winner and two-time champion at this event Juli Inkster headlined a group of four players tied on three-under 69. She was joined by France’s Gwladys Nocera, South Korea’s Ryu So-Yeon and fellow American Alison Walshe. determination and an aura of invincibility that delighted a public far beyond golf’s typical fan base. Woods won by embarrassing margins, taking full advantage of new technology with a fitness regimen unseen before in golf. Woods spawned a lengthening of courses and a “second cut” at Au- Ko matches record with 29th straight under-par round Morgan Pressel of the USA hits a shot on the 15th hole. (AFP) It was a further stroke back to South Korea’s Choi Na-Yeon, England’s Charley Hull and American Austin Ernst. Then came Ko, heading a big group on 71. Defending champion Lexi Thompson was a stroke further back on 72, tied for 26th. Ko had the disadvantage of playing in gusty early winds, while Pressel played in the afternoon. “I was watching this morning because it was on TV, and it looked very challenging out there,” Pressel said. “This afternoon there was not much wind at all, a little on the front nine, but not nearly what it was in the morning.” Pressel birdied two of her first three holes, then picked up three more shots coming in. That included a chip-in birdie at 13 that tied her for the lead, and she took the outright lead with a five-foot birdie putt at the last. “I kept the ball in play most of the day. I was never really in terrible position,” Pressel said. “There are a lot of tight tee shots out here, and I was able to hit it where I wanted to.” cott Piercy matched a Houston Open record on Thursday, firing nine birdies in a nine-under-par 63 for the firstround lead in the US PGA Tour event. Piercy, looking for a victory that would give him a berth in next week’s Masters, the first men’s major of 2015, can only hope his form holds. “It’s the first round,” said Piercy, who has struggled to get on track since elbow surgery sidelined him for much of last year. “If I’m sitting here Sunday, then I’ll be superexcited.” Piercy’s effort matched the 63s shot on the Golf Club of Houston Tournament Course by Australian Adam Scott and Americans Johnson Wagner, Phil Mickelson and Jimmy Walker. He had a two-stroke lead over Germany’s Alex Cejka and American J B Holmes. Cejka had eight birdies in his seven-under round while Holmes eagled the par-four 10th to go with six birdies and a bogey. Mickelson, tuning up for a run at a fourth Masters title, headed a group on 66 that also included Charles Howell, Shawn Stefani and Luke Guthrie. Mickelson chipped in for birdie on his first hole, the par-four 10th, to set the tone for a round that included seven birdies. Even a closing bogey at the ninth didn’t diminish his pleasure in the improvements he’s seen in his short game thanks to some intensive practice in the wake of last week’s equal 30th place finish in the Texas Open. “I was able to turn that around in a few days and the game feels pretty good,” said Mick- elson, who won the Houston title in 2011. Mickelson’s Houston Open results haven’t been much of a barometer for his success at Augusta National. He finished tied for 27th in 2011 at the Masters and won the Green Jacket in 2010 after tying for 35th in Houston. Even so, he’d be happy to go into Augusta playing good golf. “This is a big week for me,” Mickelson said. “I felt the game was close last week. The only thing missing was chipping and short game. If I can play well this week or continue on playing for the next three days, it should be some good momentum for next week.” Mickelson is one of more than 30 players in the field who are Augusta-bound, and Piercy would like nothing more than to join them. He said a marathon practice session earlier this week had helped him solve a swing problem. “In my 13th hour, something kind of clicked and I figured it out,” Piercy said. “On Wednesday I kind of ingrained it, kept working on it. And today was awesome, it really was.” Piercy had surgery on his right arm in February of 2014. He was injured for almost a year before having surgery. “It’s been two years since I’ve really put a clubface on a ball like I know how, like I feel like I should,” said Piercy, who won his two PGA Tour titles in 2011 and 2012. 7 Gulf Times Saturday, April 4, 2015 SPORT NBA Major League Baseball roundup Cavs ice Heat, Wade injures knee LeBron James and Kyrie Irving scored 23 points Detroit Tigers right-hander Justin Verlander is headed to the disabled list to start the season because of pain in his right triceps. It is the first DL stint for the 32-year-old Verlander in his 10-year career. Manager Brad Ausmus said Thursday that Verlander, a six-time All-Star and winner of the MVP and Cy Young awards in 2011, could return to start as soon as April 12. Last season, Verlander finished 15-12 with a 4.54 ERA and 159 strikeouts. Cincinnati Reds pitcher Homer Bailey will start the season on the disabled list while he continues his recovery from flexor tendon surgery in September. Bailey worked five innings in a minor league game on Wednesday and gave up five earned runs and six hits, but had no issues with the elbow and will next pitch in another minor league game on April 6. The Reds are hoping for a return to the club by the middle of April for the 28-year-old Bailey, who signed a $105 million contract extension in 2014 and posted a 9-5 record with a 3.71 ERA before the injury last season. Oakland Athletics outfielder Coco Crisp could miss 6-8 weeks if he opts for surgery to remove bone spurs from his right elbow. The San Francisco Chronicle reported the arthroscopic procedure would also remove bone chip fragments. If he is sidelined, the A’s would be without two starting outfielders to open the season as Josh Reddick is sidelined with a strained oblique. The New York Mets signed centre fielder Juan Lagares to a four-year, $23 million contract extension that covers all arbitration years and includes a team option for the fifth year. Lagares, who won a Gold Glove in centre field for the Mets last season, hit .281 with four home runs and 47 RBIs in 2014. The Boston Red Sox optioned outfielders Jackie Bradley Jr. and Rusney Castillo to Triple-A Pawtucket before an exhibition game against the Minnesota Twins. Bradley opened the 2014 season as Boston’s starting centre fielder, but the Red Sox are set in the outfield this year with Hanley Ramirez in left, Mookie Betts in center, Shane Victorino in right and backups Allen Craig and Daniel Nava. Castillo, a top Cuban prospect, signed a $72.5 million contract with the Red Sox during the offseason and could be recalled from the minors relatively quickly. The New York Yankees acquired infielder Gregorio Petit from the Houston Astros in exchange for cash considerations. The Yankees also announced that shortstop Brendan Ryan has a Grade 2 right calf strain that he suffered while pursuing a ball hit up the middle during Wednesday’s exhibition game. It’s unknown how long Ryan might be out. Last season with Houston, Petit batted .278 with two home runs and nine RBIs in 37 games. National Football League roundup LeBron James (left) of the Cleveland Cavaliers grabs a rebound over Miami Heat’s Hassan Whiteside (centre) during their NBA game in Cleveland, Ohio, on Thursday. (AFP) DPA Los Angeles T he Cleveland Cavaliers are tuning up for the playoffs, while the Miami Heat suffered a blow to their post-season hopes after losing star guard Dwyane Wade to a left knee injury. LeBron James and Kyrie Irving scored 23 points, and the Cavs rolled the Heat 114-88 Thursday for their 17th consecutive home court win. Iman Shumpert netted 17 while Tristan Thompson grabbed 15 rebounds for Cleveland (49-27), which moved 3.5 games ahead of idle Toronto and Chicago for the No 2 playoff seed in the Eastern Conference. Miami (34-41), meanwhile, dropped into a tie with idle Boston for the eighth and final playoff spot in the East with seven games remaining. More importantly, the Heat lost their leader, Wade in the second quarter to a left knee bruise following a nasty slip on a drive from the right side. “I knew I was in trouble on my way down,” said Wade. “It could have been worse. I was a little concerned but once they did the tests on my knee to make sure all the ligaments were strong and straightened, it’s a little better. “The only thing I feel is where my left knee banged on the floor. That’s the sorest right now.” Wade will have treatment Friday but his status is uncertain for Saturday’s road game against Detroit as well as Sunday’s at Indiana. “We’ll just see when Saturday comes,” said the three-time NBA Champion. “Hopefully it gets better. If I’m good enough to go, of course I will.” Luol Deng and Hassan Whiteside led Miami with 17 points apiece. Ahead 34-27 after one, Cleveland opened a 19-point cushion in the second period before having it trimmed to 61-50 at halftime. The Heat pulled within 10 in the third quarter but could never whittle it down to single digits. Late in the period, James converted a three-point play, Matthew Dellavedova spotted Thompson for an emphatic alley-oop dunk and J R Smith buried a 3-pointer. The Cavs carried a 91-72 cushion into the final frame and widened it to 26 en route to the lopsided win for a split of the four-game season series. Elsewhere Golden State Warriors 106, Phoenix Suns 105: Harrison Barnes hit the goahead layup with four-tenths of a second remaining, lifting the Warriors to a dramatic win - their 11th straight - over the visiting Suns. Barnes’ heroics came after Eric Bledsoe broke free for a layup to put the Suns on top with 4.5 seconds to play. It followed Stephen Curry’s wide-open 3-pointer that had the Warriors ahead by one. Curry finished with 28 points, and Klay Thompson added 16 for the league- best Warriors (62-13), who improved to 35-2 at home. Bledsoe had 18 points, Markieff Morris and T.J. Warren added 17 apiece for the fading Suns (38-38), whose fifth straight loss dropped them 4.5 games out of the final playoff spot in the West with six left. Houston Rockets 108, Dallas Mavericks 101: James Harden had 24 points, Jason Terry buried the tiebreaking 3-pointer with just over four minutes remaining in a 20-7 finishing kick, rallying the visiting Rockets over the Mavs. Trevor Ariza scored 19, Josh Smith had 15 and 12 rebounds while Corey Brewer netted 14 for Houston (5224), which outscored its hosts 31-18 in the final quarter to move a half-game ahead of idle Memphis for No 2 seed in the West behind Golden State. German juggernaut Dirk Nowitzki netted 21 points, while Monta Ellis added 19 for Dallas (46-30), which sits 3.5 games ahead of Oklahoma City for the seventh playoff spot in the West. Longtime Chicago Bears centre Roberto Garza was released Thursday in the latest move in a roster makeover by new general manager Ryan Pace. Garza, 36, will be replaced by Will Montgomery, the former Denver Broncos centre who played for current Bears coach John Fox and offensive coordinator Adam Gase in 2014. Montgomery started eight games for the Broncos last season following five seasons with the Washington Redskins. Fourteen-year veteran Garza started every game in seven of his 10 seasons with the Bears. The Broncos agreed to terms with defensive lineman Antonio Smith on a one-year contract, reuniting him with the staff that coached him in Houston. Smith, 33, was released by the Oakland Raiders on Tuesday in a move that saved them $4 million in salary cap space. The Miami Dolphins signed linebacker and special teams player Spencer Paysinger to a one-year contract and agreed to a one-year deal with quarterback Josh Freeman. Former first-round draft pick Freeman is returning to the NFL after being out of the league last season. He last played in 2013 with the Min- nesota Vikings, starting one game before he was benched. The Minnesota Vikings signed a pair of veteran combine participants, quarterback Mike Kafka and defensive end Caesar Rayford, and waived quarterback Pat Devlin. With Kafka replacing Devlin, the Vikings still have three quarterbacks on the roster, including starter Teddy Bridgewater and backup Shaun Hill. Kafka spent last season with Tampa Bay, backing up Josh McCown and Mike Glennon. The Oakland Raiders signed offensive tackle J’Marcus Webb. A seventh-round pick by the Chicago Bears in 2010, Webb has played 55 games, starting 45, for the Bears (2010-12) and Minnesota Vikings (2013-14). Webb signed with the Kansas City Chiefs last year but did not make the team and returned to the Vikings in November. The Atlanta Falcons waived safety Zeke Motta. Motta was a seventh-round pick by the Falcons in 2013, and recorded 16 tackles while starting one game as a rookie. He missed last season with a neck injury that landed him on the reserve/physically unable to perform on Aug 25. NHL Red Wings waste strong outing, fall to Bruins 3-2 By Helene St James Detroit Free Press (TNS) T he Detroit Red Wings found April to have a cruel start. They hosted Atlantic Division rival Boston Thursday at Joe Louis Arena, and played better than they have in a month only to be undone by three straight Bruins goal that left the Wings with a 3-2 loss and clinging to third place. Both teams have 93 points but the Wings have a game in hand on Boston. “We played a lot better game than last time, and we’re doing a lot of good things,” captain Henrik Zetterberg said. “We’re definitely going to feel better than after last game. If we keep playing like this, we’re going to be fine.” The Wings fired 37 shots at Tuukka Rask. The Bruins had just 25 on Petr Mrazek, who had a solid game blemished when he was beaten twice within two minutes and change in the third period, after the Wings had built a two-goal lead. Zach Trotman beat Mrazek short side with 2:08 to go in regulation. “I would have liked to have the last one back,” Mrazek said. “It slid off my pants and went in. I thought I had it.” Head coach Mike Babcock called it, “a good hockey game. We had lots of opportunity. We had probably as good pace as we’ve had in a long time. Did a lot of good things and in the end Rask kept us from winning the game. I didn’t think we backed up or got on our heels at all. “For me, it’s the best we’ve played in a while.” Babcock called the third goal unfortunate, but said he’d likely stick with Mrazek as the starter. Mrazek was pulled for the extra attacker, but the Wings didn’t help themselves when they took a too many men penalty with 48 seconds remaining. “You have a board and you write it down and you say this is who’s got who, and they know what number they got,” Babcock said. “I guess they got out there for the wrong guy.” Luke Glendening scored his 12th goal of the season and Stephen Weiss converted during a power play. Pavel Datsyuk missed a second straight game because of re-aggravating the pain from a blocked shot in March, but Riley Sheahan did return after missing three games. Drew Miller also suited up, extending his streak to 159 consecutive games despite getting struck in the face by a skate two nights earlier. Maybe it was the influx of at least one returning player, maybe it was the realisation that they couldn’t expect Mrazek to steal another point for them like he did Tuesday, but the Wings demonstrated they do know how to play from the first drop of the puck. They dominated from the opening shift, making life hard on Rask. They played, in 20 minutes, better than the entire 65 minutes Tuesday against Ottawa, better than they played throughout much of the 5-8-2 slop-fest that was the month of March. “We came out right away, something we’ve minutes later, but it was back at even strength they finally beat Rask, on their 20th shot. The puck bounced off the end boards and Glendening pounced, sending it up and over Rask for a much-deserved lead. Glendening had another great scoring chance late in the period, courtesy of Marek Zidlicky, who managed to knock the puck off a Bruins defender despite being on his belly, getting back up and then passing the puck through the legs of another Bruin before finding Glendening. Teemu Pulkkinen used Detroit’s fourth power play to fire a shot that Rask kicked away, and Justin Abdelkader’s stab at the rebound went wide. There were six seconds left when Weiss chipped a puck from paint, but Carl Soderberg scored two minutes later when he connected on a rebound that slid beneath Mrazek. He was beaten again when he strayed too far from his net, allowing Eriksson to swoop the puck into an open net to sully what up till then had been such a good night for the Wings. RESULTS Boston Bruins’ Zach Trotman (second from left) celebrates his third period game-winning goal with teammates Brett Connolly (second from right) and Zdeno Chara (right) during their NHL game against Detroit Red Wings on Thursday. (AFP) talked about for a long time,” Niklas Kronwall said. “But I thought all the way through, our game was more of the way we want to play the game.” Mrazek wasn’t nearly as busy as Tuesday, but among his finer work was denying Loui Eriksson when he swept in and attempted to stuff a backhand during a power play in the second period. The Wings got their third man advantage Columbus Washington Ottawa Boston Florida St. Louis NY Rangers Chicago Los Angeles 4 5 2 3 6 4 3 3 8 NY Islanders Montreal Tampa Bay Detroit Carolina Calgary Minnesota Vancouver Edmonton 3 (SO) 4 (SO) 1 (OT) 2 1 1 2 1 2 8 Gulf Times Saturday, April 4, 2015 SPORT SPOTLIGHT BADMINTON India ‘considering bid for Olympics’ The Commonwealth Games held in 2010 were mired in corruption scandals Saina faces Xuerui in Malaysia Open semis IANS Kuala Lumpur W orld No.1 Saina Nehwal set up a semi-final clash with China’s reigning Olympic champion Li Xuerui as she beat Chinese Sun Yu 21-11, 18-21, 21-17 in the quarter-finals of the $500,000 Malaysia Open Superseries Premier at the Putra Stadium here yesterday. Olympic bronze medallist Saina faces a tough task to go past World No.3 Xuerui, who battled past compatriot and former World champion Yihan Wang 14-21, 21-15, 21-12 in 55 minutes. Saina, 25, trails twotime World Championships silver medallist Xuerui 2-8 in career meetings. However, Saina was in her element from the beginning in the match against Sun. She hardly broke into a sweat before capturing the first game 21-11. After zooming to a 12-4 lead, it was easy for the Indian. But in the second game, World No.15 Sun showed grit and fought her way back. She raced to a 7-1 advantage and Saina chased the game before six straight points helped her equalise at the 14-point mark. However, Sun kept her calm to take the second game 21-18. Saina controlled the third game from the start. Relying on a strong array of strokes and sharp movement inside the court, the Hyderabadi enjoyed a 11-7 lead at the break. Sun fired seven points on the trot to level the game at 14-all and even held a 17-16 lead before Saina asserted herself and grabbed five consecutive points to snatch the game 21-17. With this win in an hour and 11 minutes, Saina, who last week won the India Open, took a 3-1 lead over the 21-year-old Sun in career meetings. zIn the other semi-final reigning world champion Carolina Marin faces former World No.1 Shixian Wang of China, who staved off Japanese Nozomi Okuhara 21-19, 15-21, 22-20 in a marathon encounter that lasted one hour and 51 minutes. World No.2 Carolina of Spain dismissed Hong Kong qualifier Yi Ngan Cheung 21-12, 21-9 in just 34 minutes. zIn men’s singles competition, China’s World No.1 Chen Long beat Japanese Kento Momota 21-16, 21-11. Reigning world champion Chen will meet compatriot Wang Zhengming who beat Xue Song 21-17, 21-9. World No.2 and European champion Jan O Jorgensen also progressed to the semi-finals after registering a comprehensive 21-9, 21-15 victory over Hong Kong’s Wei Nan. China’s five-time world champion Lin Dan overcame compatriot Tian Houwei 11-21, 21-16, 21-13. Two-time Olympic champion Dan will meet Danish Jorgensen in the semi-final. A file picture from the 2010 Commonwealth Games opening ceremony in New Delhi. By Jason Burke The Guardian I ndia may bid for the 2024 Olympics, hoping to host the event for the first time in almost seven decades as an independent nation. According to local media reports, the Prime Minister, Narendra Modi, who won a landslide victory last year, is keen to hold the Olympics in the emerging Asian power. Thomas Bach, the International Olympic Committee president, will meet Modi later this month in Delhi. The Times of India quoted an “official source” confirming that the “government is exploring the possibility of India hosting the Olympics”. However, the source told the newspaper, the prime minister had made it clear that he “does not want a repeat of the 2010 Commonwealth Games … He wanted to know the costs, financial implications and other details.” The Commonwealth Games held in Delhi five years ago led to major corruption scandals. The authorities were criticised when infrastructure projects were not completed in time, athletes complained about their accommodation, and costs soared. The final costs of the event has never been accurately determined but may have been up to $10bn (£6.7bn), according to some estimates. Many of the world-class facilities that were constructed for the Commonwealth Games now lie virtually unused. “That was a huge missed opportunity to showcase India to the world. What we remember of it is corruption and mismanagement. We’d have to consider if we can afford the Olympics and what the legacy might be,” said Prof Boria Majumdar, a sports historian. The Indian Olympic Association was also suspended from December 2012 for 14 months for defying the Olympic charter by electing officials facing corruption charges relating to the 2010 event. The ban was only lifted in February last year. Indian athletes had competed for part of the Sochi Winter Games under the IOC flag. Majumdar said the huge increase in the number of media accreditations issued to Indian journalists for the London Olympics showed how interest in the Olympics had grown in India in recent years. The south Asian nation of 1.3 billion people won six medals at the London event, taking 55th place. The US won 104, China 88 and the UK 65. “The Olympic movement claims to be a global movement and so has to come to south Asia sooner or later. Maybe 10 years ago I would have said no, but I think now mounting a bid for 2024 would be a distinct step in the right direction,” he said. Brazil will host the 2016 Olympic Games, followed by Tokyo in 2020. Rome, Boston and Hamburg have already declared themselves as candidates to hold the 2024 Olympics. Bids are also possible from Nairobi, Casablanca, Doha, Bangkok, Paris and St Petersburg. The winner will be announced in September 2017. BOXING FOCUS Amir Khan announces Algieri as surprise opponent The Guardian London A mir Khan has ended speculation over his next opponent by announcing he will fight the former light-welterweight world champion Chris Algieri on 30 May. The Bolton fighter had come under increasing pressure to take on his British rival and IBF welterweight champion, Kell Brook, in June. However, Khan, who was also linked with bouts against Adrien Broner and Keith Thurman, said he was already deep in negotiations to fight somebody else. On his wife’s YouTube channel Khan announced: “The next opponent will be Chris Algieri. I will be taking that fight at 147lbs [the welterweight limit]. He’s from New York, he’s had 21 fights and only lost one fight. He’s the same height as me, 5ft 10in, ranked No8 in the world. We’re all happy with the fight so hopefully it can lead to bigger ones in the future.” IBF world welterweight champion Kell Brook has criticised Amir Khan’s decision to fight India’s Saina Nehwal eyes a return against Yu Sun of China during their women’s quarter-final match at the 2015 Malaysia Open badminton championship in Kuala Lumpur yesterday. Chris Algieri as the British boxers’ war of words continued The bout has yet to be rubberstamped but Khan added: “I’m looking forward to getting this fight announced officially by my manager and adviser, Al Haymon.” Algieri’s only defeat in his 21-fight professional career came in his last bout against Manny Pacquiao, who faces Floyd Mayweather Jr in a mega-fight in Las Vegas on 2 May. Algieri was knocked down six times en route to a heavily lopsided points loss in November last year. Yet Khan believes his American foe is a credible opponent as he wrested the WBO light-welterweight title off the much feared Ruslan Provodnikov in June 2014. Khan said: “You can class him as an A-class opponent. He has fought decent opponents, beaten decent opponents, and just fell short against Manny Pacquiao, which is an A-star opponent. “He’s a decent boxer overall. He knows how to box and knows how to move well. He takes a decent amount of shots and he’s got a decent amount of power, so I think overall it’s going to be a Algieri’s only defeat in his 21-fight professional career came in his last bout against Manny Pacquiao, who faces Floyd Mayweather Jr in a mega-fight in Las Vegas on 2 May good fight for me.” The 28-year-old hopes to fight in Algieri’s home city of New York, with Khan’s only previous outing there an 11th-round stoppage of Paulie Malignaggi at Madison Square Garden in May 2010. This time, though, Khan wants the non-title bout at the Barclays Center. “Having that fight in New York will be good for the UK fans in a way because it will give them a chance to travel and it won’t be as far as going to [Las] Vegas,“ he said. “This time I’d like to fight at the Barclays Center, which I’ve never fought at.” Khan has made no secret of his desire to chase lucrative showdowns against Mayweather or Pacquiao and is confident a win over Algieri can lead him to that. “Hopefully this can lead me on to the bigger fights in the future, which is what I’m looking at,” he added. Pedrosa arm surgery a success, Repsol Honda say Reuters Madrid D ani Pedrosa had successful surgery on a persistent arm problem yesterday and is expected to be sidelined for four to six weeks, the Spaniard’s Repsol Honda team said. Pedrosa, 29, will miss the MotoGP in the United States on April 12 and the race in Argentina a week later while he recovers from the operation. Repsol Honda added that test rider Hiroshi Aoyama will temporarily take Pedrosa’s place in the team alongside world champion Marc Marquez. After Friday’s operation in Madrid, Pedrosa will have regular checkups with surgeon Angel Villamor in the coming weeks and then begin a custom physiotherapy program. “A recovery time of four to Pedrosa is suffering from a problem common among motorcycle racers. Pressure builds up in the forearm, causing intense pain, and makes riding a bike difficult when the muscle becomes too big for the ‘sack’ that it sits in six weeks is expected, however, his return to racing won’t be confirmed until Dr. Villamor can ascertain the success of the surgery,” Repsol Honda said. Pedrosa is suffering from a problem common among motorcycle racers. Pressure builds up in the forearm, causing intense pain, and makes riding a bike difficult when the muscle becomes too big for the ‘sack’ that it sits in. Pedrosa, whose compatriot Marquez has won the last two championships, has not won a MotoGP race since the Czech Grand Prix last August and was sixth in the season-opener in Qatar last weekend. Gulf Times Saturday, April 4, 2015 9 SPORT MIAMI OPEN / MEN’S DRAW CRICKET Djokovic holds off Ferrer to book Isner clash Djoko and Isner posted straight sets wins over Ferrer and Nishikori respectively AFP Key Biscayne, Florida N ovak Djokovic recovered from a slow start and had to battle at the end to overcome tenacious Spaniard David Ferrer on Thursday to reach the Miami Masters semi-finals. Serbia’s world number one triumphed 7-5, 7-5 and advanced to a meeting with big-serving American John Isner, who overpowered Japan’s world number five Kei Nishikori 6-4, 6-3. Djokovic, the defending champion and winner of the Indian Wells title less than a fortnight ago, came from two breaks down in the first set as Ferrer celebrated his 33rd birthday with a runaway start. But Djokovic reeled him in to take the first set and served for victory leading 5-4 in the second. Ferrer was having no part of it. He broke Djokovic, but was broken himself a game later to let Djokovic again serve for the match. Djokovic now owns eight straight wins over the Spaniard, winner of three titles already this season. “David is one of the toughest opponents, I knew the match would be physical,” said Djokovic. “He gives you nothing and makes you work for every point. “My strategy was to try and dominate from the baseline, but stay alert for chances to come to the net. That is something I’ve been working. “It was a tough match, but one that I enjoyed. The next round will be totally different against Isner, who has one of the best serves in the game.” The tense moments against Ferrer followed Djokovic’s great escape against Alexandr Dolgopolov, who was up a set and a break in his fourth-round loss to the Serbi. Isner, whose year has been modest at best, has exploded into form on the hardcourts of Miami, where he has yet to drop a service game. He ended the hopes of world number five Nishikori, Asia’s top player who reached the US Open final last September. It was Isner’s second top-10 win of the tournament, after his upset of sixth-ranked Milos Raonic on Tuesday. “Things just snowballed for me,” Isner said, adding that the hot conditions suited his game perfectly. He made the most of that firing 13 aces and 33 winners overall. “I just played well,” Isner said. “I’ve been serving well really for a while now, and I did that again today. I was taking care of my serve. I was taking my chances on his serve, and the ball was finding the right spots for me.” NO CHANCE FOR NISHIKORI Nishikori had never faced the monster delivery of Isner and was unable to cope with the power off the big man’s racquet. Isner delivered his final ace on match point after 70 minutes. “He played really well today— everything—I didn’t have any chance,” said Nishikori, who managed only five winners. “His forehand, his backhand, he hit some winners from back of the baseline. I couldn’t really stop him today.” Nishikori reached the Miami semi-finals a year ago after beating Ferrer and Roger Federer but was unable to play his scheduled match against Djokovic because of a groin injury. “It’s really disappointing to lose today,” he said. “But I had a good three matches here. I think I’m playing good again.” IANS New Delhi D elhi Daredevils’ head coach Gary Kirsten said yesterday that he wanted Yuvraj Singh (pictured right) in the team because of his great rapport with him during his tenure as the Indian cricket team boss. He also said the flamboyant all-rounder was motivated more than ever to perform in the Indian Premier League (IPL). “I had a great experience working with Yuvraj in the Indian team,” Kirsten was quoted as saying by iplt20.com. “He is fit as he has ever been. For me, I really wanted him in this team as he is from this part of the world. I don’t think there is a guy more motivated than Yuvraj.” On the appointment of South African Jean Paul Duminy as the team’s captain, the World Cupwinning former India coach said that the left-hander has leadership credentials. “JP is a fantastic human being,” Kirsten said of his compatriot. “He has already started captaining South African T20 team. We wanted continuity as he has played for the franchise and knows a lot of Indian players. It was a natural choice. He has got good leadership credentials.” Kirsten also admitted he was up to the task of managing an IPL side last year when Delhi finished at the bottom of the eight-team tournament. “Yeah, could be. It’s a good observation. I think I was without a doubt (caught off-guard). I think I learnt a lot from last year that IPL is different to international cricket. It takes a bit of getting used to for any coach,” Kirsten said. “Physically, it’s a demanding tournament. Last year, we didn’t have great back-up. But we do have some good combinations this year. It’s about getting our thinking process right.” FOCUS Knock against Pak most important of my career: Watson John Isner serves against Kei Nishikori during their Miami Open quarter-final match at Crandon Park Tennis Center in Key Biscayne, Florida, on Thursday. (AFP) Williams edges Halep to set Miami final against Suarez Navarro AFP Key Biscayne, Florida A Serena Williams serves against Simona Halep during their Miami Open semi-final in Key Biscayne, Florida, on Thursday. (AFP) in the final so that’s unbelievable.” Williams has won all four of her matches against Suarez Navarro without dropping a set. Shane Watson scored an unbeaten 64 against Pakistan in the 2015 ICC World Cup quarter-final last month. IANS Ahmedabad MIAMI OPEN / WOMEN’S DRAW frustrated Serena Williams clawed into her 10th Miami final on Thursday, defeating Simona Halep 6-2, 4-6, 7-5. Williams, apparently rattled by the Halep cheer squad who drowned out most of the chants for the home hope, saw her mighty forehand desert her in the second set, in which Halep converted the only break point of the set to force a third. World number one Williams, who captured her 19th Grand Slam title at the Australian Open this year, regrouped to seize a 5-2 lead in the third only for the world number three from Romania to battle back. Finally Williams found a way, and she will bid for an eighth Miami title against Carla Suarez Navarro. Spain’s Suarez Navarro earned her place in the biggest match of her career with a 6-3, 6-3 victory over Germany’s Andrea Petkovic. “I was barely able to regroup,” admitted a relieved Williams. “I was making so many errors and was so frustrated. “The only thing that was working for me was coming to the net. I’m just happy to get through this one. “Still, it was actually a fun match, I’m Yuvi very motivated to perform in IPL: Delhi coach Kirsten But she said she’d have to play better to lift the trophy yet again in Miami. Williams swept the first set with ease before Halep, who captured the biggest title of her career at Indian Wells less than a fortnight ago, found her own rhythm in the second. In the third, Williams overcame her nerves and flaky forehand to build a 5-2 lead, only for Halep to push the set to 5-all. However, Williams broke her two games later to pull off the victory. “I had to dig deep to stay on the court. I could only keep trying,” Williams said. “I never gave up and here I am.” Saturday’s final will be the biggest career test yet for Suarez Navarro, seeded 12th. The diminutive Spaniard, who honed her game in the Canary Islands, came out on top in a loose match, combining with Germany’s Petkovic for nearly 60 unforced errors in less than 90 minutes on court. Suarez Navarro, who is now poised to break into the top 10 in the world rankings, converted three of her 10 break point opportunities and was never in serious trouble. “I played a good match, an important match like this is difficult,” said the winner. “I just tried to play my game and enjoy it. “Playing this final is an important event for me. I train in the off season in hopes of playing a final like this,” added the Spaniard, whose only WTA title came in Portugal last year. A ustralian all-rounder Shane Watson has said that his unbeaten knock of 64 runs against Pakistan in the World Cup quarterfinal is the “most important innings” of his One-Day International career as he was plain “lucky” to survive the hostile spell from Pakistan pacer Wahab Riaz. Watson, who battled poor form going into the tournament, ensured Australia’s victory after being put in a tight spot by Riaz during a devastating spell of pace while chasing during the quarter-final. Australia won the World cup for the fifth time after beating New Zealand in the final in Melbourne on March 29. “I thought about it as loud as it can get. I had a lot of luck specially to be able to get through that couple of overs in that spell. It worked well for me,” Watson, here to play in the Indian Premier League (IPL) starting on April 8, said yesterday. “It is the most important innings that I have played in ODI cricket as I said that I had a lot of luck through that phase because I was able to stay in win the match for my team.” Watson has now been a part of two World Cup teams (2007 and 2015) and said winning the trophy again was like having a second baby. “Well I don’t have a second child yet but may be, it’s a feeling close to that. First time in West Indies was special but to win it second time in front of the home crowd is what dreams are made of. I feel very lucky to be born at the right time to play World Cup at home,” he said. He was all praise for the team’s fast bowlers, who performed exceptionally throughout the tournament. Left-arm pacer Mitchell Starc was the highest wicket-taker of the tournament with 22 wickets, which made him the “Player of the Tournament”. “Incredible. I mean the fast bowling unit of 2007 was as good as they got but the way this group executed the plans is incredible,” he added. “Mitchell Johnson, Mitchell Starc along with Josh Hazlewood complemented each other very well. We executed our plans against big teams like India and Pakistan perfectly.” said Watson. He was particularly impressed with Starc. “Starc has pace and swing. He has the variations to trouble the best batsmen in the world during death overs. He has the ability to bowl at different phases. And for someone so young and able to do that at big stage is a great thing,” the all-rounder said. Watson said he is fresh and raring to play for the Royals and didn’t need any break after a gruelling 44-day World Cup. “No, I will be fine. We have played only 9 games (World Cup) in 6 weeks whereas we normally play 9 matches in three weeks. There has been less pressure on the body and easy to go,” he concluded. 10 Gulf Times Saturday, April 4, 2015 CRICKET SELECTION SPOTLIGHT Ajmal in, Akmal out as Pak pick squad to tour Bangladesh Pakistan’s new selection committee, headed by Haroon Rasheed, warned the squads that discipline would be closely watched Rohit-led Mumbai Indians aim for second IPL crown IANS Mumbai M Saeed Ajmal is back with a remodeled action. AFP Lahore P akistan recalled star spinner Saeed Ajmal in all three formats as selectors announced the squads for the national side’s Bangladesh tour yesterday, but there was no place on the plane for under-performing batsman Umar Akmal. Ajmal has undergone remedial work to fix his bowling action after it was ruled illegal in September and he was suspended, forcing him out of last month’s World Cup. The 37-year-old had been key to Pakistan’s success in Tests, one-day internationals and Twenty20 matches before his action was reported as suspect during Pakistan’s tour of Sri Lanka in August last year. Pakistan’s new selection committee, headed by former batsman Haroon Rasheed, warned the squads that discipline would be closely watched. “We have told the players that Pakistan comes first,” said Rasheed. “There will be no compromise on discipline and that’s why we have dropped Umar from all formats and Ahmed Shehzad from two.” Head coach Waqar Younis had complained about Shehzad and Umar’s lack of discipline during Pakistan’s World Cup campaign, which ended in a quarter-final defeat to hosts and eventual champions Australia. Umar managed just 164 runs in seven Umar Akmal: dropped for indiscipline matches while Shehzad scored 222 in as many games. Spinning allrounder Mohamed Hafeez also returns to all three formats after missing the World Cup with a calf injury. He too has suffered problems with his action, which was ruled illegal in Decem- ber, and faces a re-test on April 9 to try to get clearance to play. The one-day squad will be captained by Azhar Ali, replacing the now retired Misbah-ul-Haq. Misbah continues to lead the Test side while Shahid Afridi, who also retired from one-day cricket after the World Cup, will captain the Twenty20 side. Pakistan will play two Tests, three oneday internationals and a Twenty20 on the Bangladesh tour, with the first one-dayer starting on April 17. Fit-again pacemen Junaid Khan returns to the Test and Twenty20 squads while Umar Gul manages a Twenty20 berth. Also dropped from the World Cup squad were Younis Khan and opener Nasir Jamshed, who both had disappointing tournaments, and paceman Mohamed Irfan, who is injured. Promising youngsters Sami Aslam, Babar Azam, Mukhtar Ahmed and Mohamed Rizwan are included in various sqauds for the first time. Squads Test: Misbah-ul-Haq (captain), Babar Azam, Mohamed Hafeez, Sami Aslam, Asad Shafiq, Azhar Ali, Younis Khan, Haris Sohail, Saeed Ajmal, Yasir Shah, Zulfiqar Babar, Sarfraz Ahmed, Wahab Riaz, Junaid Khan, Sohail Khan, Rahat Ali One-day international: Azhar Ali (captain), Sami Aslam, Sarfraz Ahmed, Mohamed Hafeez, Asad Shafiq, Fawad Alam, Mohamed Rizwan, Haris Sohail, Sohaib Maqsood, Saeed Ajmal, Yasir Shah, Wahab Riaz, Rahat Ali, Ehsan Adil, Sohail Khan Twenty20: Shahid Afridi (captain), Ahmed Shehzad, Sarfraz Ahmed, Mohamed Hafeez, Mukhtar Ahmed, Sohaib Maqsood, Haris Sohail, Mohamed Rizwan, Saeed Ajmal, Saad Nasim, Sohail Tanveer, Wahab Riaz, Sohail Khan, Umar Gul, Junaid Khan. umbai Indians, the most talked about team in the Indian Premier League (IPL), gear up for the eighth edition of the cash-rich tournament as one of the favourites to clinch the title for the second time. The 2013 champions are all set to make an impression under newly-appointed coach Ricky Ponting, whose aggression and experience would be a big plus to the squad. Last year, led by hard-hitting Indian opener Rohit Sharma, the team reached the play-off stages where they lost to Chennai Super Kings (CSK) in the eliminator by 7 wickets. But after the 2015 IPL auctions the team looks more formidable even before the start. Among the notable buys were Australia’s World Cup-winning opener Aaron Finch, who was bought for Rs.3.2crore. The Victorian, part of Sunrisers Hyderabad in the IPL last season, has played 22 Twenty20 Internationals for Australia and scored 756 runs. New Zealand’s Mitchell McClenaghan is another crucial purchase. With his ability to pick up wickets, the left-arm pacer is considered a limited overs specialist, who has turned out in 16 Twenty20 Internationals for his national side claiming 17 wickets. India’s spinner Pragyan Ojha bowled with guile during the team’s triumphant run in 2013. During his seven-year IPL stint, the Odisha born has got 89 wickets in 91 matches. The 2011 and 2013 Champions League T20 winners have retained bulk of the team they fielded last year and that allows for continuity. Leading from the front will be Rohit, who would be gunning to better his lacklustre show last year when he managed just 390 runs from 15 games. The advantage the team had over the years is the pool of talented players, both Indians and overseas. The presence of Indian batting great Sachin Tendulkar till the sixth IPL was a great boost for the side. Apart from Rohit, young talent in the squad includes batsmen like Aditya Tare, Ambati Rayudu, Unmukt Chand and not to forget pacer Jasprit Bumrah, who bowls with a unique action. As a player, Rayudu is yet to convince many experts, but as a talent his ability has been talked about in volumes over the years. The team has showed a lot of faith in the 29-year-old and it’s to be seen if he can pay back rightly. The experience of seasoned campaigners Harbhajan Singh, R. Vinay Kumar, Parthiv Patel will hugely count in Indian soil. Among the overseas players who were retained were New Zealand’s all-rounder Corey An- derson, World Cup winning Australian pacer Josh Hazlewood, West Indies big-hitter Keiron Pollard, South Africa pacer Marchant de Lange, West Indies batsman Lendl Simmons, and last but not the least the highest wicket taker in IPL history Sri Lanka’s Lasith Malinga. Having all-rounders like Anderson and Pollard is always an advantage for any team, not only in batting but also because of the duo’s electric fielding. Pollard, who didn’t find a place in the West Indies World Cup squad, will aim to prove his point and get his national spot back. After a fantastic World Cup, Hazlewood will surely be handy for the team, considering his form. However, the rich pool of foreign talent could pose the problem of plenty for the team, as IPL rules allow only four overseas players in the final eleven. No doubt like every season Malinga will be the key man for the 2013 champions. Since joining the side in 2009, he has bowled at an economy of 6.53 in 83 matches, claiming 119 wickets. The Sri Lankan is also the first bowler to complete 100 wickets in the competition. While they have a strong batting and bowling arsenal, it’s their athletic fielding under the watchful eyes of fielding guru Jonty Rhodes that gives them an edge. Mumbai Indians play their first match against defending champions Kolkata Knight Riders in Kolkata on April 8. The squad: Indian Players: Rohit Sharma (captain), Aditya Tare, Ambati Rayudu, Jaspreet Bumrah, Pawan Suyal, Shreyas Gopal, Unmukt Chand, R Vinay Kumar, Parthiv Patel (wicket-keeper), Akshay Wakhare, Pragyan Ojha, Nitish Rana, Sidhesh Lad, J Suchith, Hardik Pandya, Abhimanyu Mithun, Harbhajan Singh. Foreign Singings: Corey Anderson (New Zealand), Josh Hazlewood (Australia), Kieron Pollard (West Indies), Lasith Malinga (Sri Lanka), Merchant de Lange (South Africa), Lendl Simmons (West Indies), Aaron Finch (Australia), Mitchell McClenaghan (New Zealand), Aiden Blizzard (Australia). BOTTOMLINE Shakib confident of doing well against Pak Sri Lanka selectors quit amid efforts to clean up the game AFP Colombo S ri Lanka’s cricket selectors, headed by former skipper Sanath Jayasuriya, quit yesterday to allow a new management to take over the island’s cricket governing body, which has been mired in allegations of widespread corruption. Jayasuriya, 45, has been accused of politicising the game after he became a member of parliament Jayasuriya, 45, has been accused of politicising the game after he became a member of parliament from president Mahinda Rajapakse’s party following his retirement from the game in 2009. The former batsman also copped criticism for making four changes to the team at last month’s World Cup quarter-finals that Sri Lanka lost to South Africa by nine wickets. Critics took issue with the inclusion of new opening batsman Kusal Perera and paceman Dushmantha Chameera for Sri Lanka’s defeat in the lopsided match. Jayasuriya—a member of Sri Lanka’s 1996 World Cup-win- ning team—said he was bowing out to give the new management an opportunity to appoint a new selection panel but did not rule out a comeback. “I am always available if Sri Lanka Cricket needs me to serve the country in the future,” he said in his letter of resignation, a copy of which was seen by AFP. He said the other four members of the selection panel had also stepped down, though their contracts run until the end of the month. “We gave separate letters of resignations and have quit,” Jayasuriya told AFP. The mass resignation comes just days after Sports Minister Navin Dissanayake appointed an interim committee headed by former Test player Sidath Wettimuny to manage Sri Lanka Cricket, asking him to “clean up” the administration of the sport. DHAKA, IANS: Bangladesh all-rounder Shakib Al Hasan yesterday exuded confidence about playing well against Pakistan at home later this year. Pakistan’s tour of Bangladesh will begin with a three-match One Day Internationals (ODI) series on April 17, followed by a Twenty20 (April 24) and a twomatch Test series beginning on April 28, reports bdnews24. com. Shakib, part of the Indian Premier League (IPL) franchise Kolkata Knight Riders (KKR), also said that doing well in the tournament will help him gather confidence for the Pakistan series. “Obviously, I will have the Pakistan tour on my mind. Because I will play only two matches (in the IPL). If I do play in the first two matches and play well, the confidence will come in handy.” The southpaw thinks the wickets will assist Bangladesh bowlers in the series against Pakistan. The ace all-rounder said he wants to help improve his team’s ODI rankings since the next ODI World Cup in 2019 will be played with 10 teams with the teams ranked in the top eight qualifying automatically. The two other spots will be filled by a qualifying round. “This year is very crucial for us. Winning against bigger teams will give us more points. And then we will have chances of climbing the ranking.” Gulf Times Saturday, April 4, 2015 11 CRICKET SPOTLIGHT ‘I don’t want to accept that my England career is over’ Nick Compton, still angered by his dropping from the setup, insists he has not given up hope By Ali Martin The Guardian A s England are drilled ahead of Monday’s first warm-up match in balmy St Kitts, one of their recent discards will be knuckling down in the somewhat more brisk climes of county cricket, hoping a weight of runs can force his way back in. Nick Compton, who made the switch back from Somerset to Middlesex during the winter, is curious about the future of English cricket. Following our discussion the opening batsman asks whether change is truly on the cards this summer. Will the arrival of a new chairman at the England and Wales Cricket Board in May truly bring a fresh start for all? Can a player in his 30s, previously discarded in the name of “culture”, really return to the fold? Kevin Pietersen’s name, if you cannot already tell, had cropped up during the conversation. Alastair Cook preferred to talk about wickets and runs before the three-Test series but still had to field questions on the batsman’s wish to return to the fold Compton cannot help but wonder whether he too was dropped for reasons other than form; that his face simply did not fit. The 31-year-old, however, is also conscious of how analysis of his handling by England, during a brief six-month spell that ended two years ago, will be perceived. He is not a bitter and is happy to concede that his chance was possibly taken with “one-and-ahalf hands, not two”. Nine Tests, two centuries and an average of 31 – it is an honest appraisal of his own returns. But he can also take pride in his partnership with Alastair Cook that boasted the highest average yield – 57.93 runs – of any English opening pair in the past 53 years. “I feel like I’m in the prime of my career now and I want to kick on again,” he says. “In my own mind I’ve been the most prolific top-order run-scorer in the last four or five years in domestic cricket. I’m not going to give up hope. I don’t want to accept it.” But if an England recall is possible, then it would be helpful if questions over his own disposal were answered honestly. “It’s like being dumped by a girlfriend and you don’t think they have given you the real reasons. There’s no closure,” he muses. Did he feel there was a pressure to fit in a certain way? “I do,” he replies. Did he ever think it wasn’t Nick Compton: hanging on to hope just runs that saw it end? “Yeah, I do. But I’ll never get that answer. You just get the same comment from selectors: ‘The door is never closed, keep scoring runs.’ But then you hear rumours. I thought I was going well and then suddenly you get dropped and spend nights in bed lying awake reflecting.” The right-hander recalls a nightmare final Test, the second against New Zealand at Headin- gley in 2013, in which his dream of turning out in an Ashes series that summer ended under the then head coach Andy Flower. Scores of one and nine, the latter over a torturous 75 minutes at the crease when quicker runs were the order of the day, did him no favours. But then the full story, he insists, was not known at the time. “I had broken my finger in the first Test after [the then batting coach] Graham Gooch hit me in the nets – no one knew,” Compton explains. “Then I got hit in the ribs on the morning of the second Test by [the then limited-overs coach] Ashley Giles. On the fifth day I couldn’t move, I couldn’t get out of bed, I couldn’t breathe in properly and I definitely couldn’t throw or dive for the ball. I had a scan and it came back as a hairline fracture. So I could not field on that day. And that’s when Andy Flower went absolutely berserk.” It was a second dressing down, with Compton adding that he had already been told off by Flower for practising the pull shot while fielding in the deep. The senior bowlers, he was told, did not like it and that had to be respected. “He made it clear he wasn’t happy with me not fielding that final day and you wonder did that have an impact? And you want answers because you want back in,” he adds. “That said, you can pontificate all you want but as the player, the difficult part is that ultimately you are the one that loses out.” It is here where the issue of culture is discussed. Have England gone too far in putting team morale before runs and wickets? “I’ve always had the belief you must pick the best team and manage it. Every player should be available,” Compton replies. “You want winners and if KP has his pads on, is in form and hungry, then I would want to be watching. The game is about bums on seats and we’re in danger of losing that. “It would be nice if we could all move on from the past. I think in cricket it’s about putting forward independent thinkers. We need them in this game. I just hope we’re not trying to mould everyone into being a certain type of individual or person. The great thing about cricket is we are all different.” It is at this point that Compton pulls out his smartphone, upon which he has saved the famous quote from former Tottenham striker Steve Archibald for future reference: “Team spirit is an illusion glimpsed in the aftermath of victory.” “You look back at the best teams – like the great Australia side – and it is well-documented there were personal issues,” Compton adds. “Whether you like a bloke or not, as long as you are both working towards the greater good, I couldn’t care less. That’s where things need to be looked at. There are some very good players out there and perhaps their faces don’t fit for whatever reason. That has never made sense to me. You should encourage individuals. Sport is won by good individuals, players with high skill levels.” All of this gets Compton no closer to a recall, of course. And with Yorkshire’s Adam Lyth and the returning Jonathan Trott called up as possible opening partners for the upcoming series against West Indies, and Sam Robson only recently jettisoned after seven Tests, it already looks a tough route back. Compton remains grateful to Somerset for allowing him to attempt this at Middlesex having agreed his release one season into a three-year contract. “I had five brilliant years at Taunton. But being dropped from England hit me hard,” he adds. “Having fallen off the England cliff and reaching 30, it hit home that my life in London was important to me. Somerset understood where I was at and were fantastic in the way they handled it. My goal now is to earn the respect of my new team. I can’t just walk in. I have to earn it.” To do that Compton will revert to the currency he knows best – county runs, with the aim of passing 1,000 for a fifth consecutive season. And then who knows? If the idea of Pietersen playing for England again can be countenanced, then truly anything is possible. BOTTOMLINE Pietersen’s shadow looms large over England By Ali Martin The Guardian T hree hours before boarding their plane for the Caribbean on Thursday morning, the England Test captain, Alastair Cook, and his head coach, Peter Moores, sang in perfect harmony. The hatchet over Cook’s removal from the one-day side before that abominable World Cup campaign, we are told, has been removed. Their sole focus? The three-Test series against West Indies that begins a week on Monday. Their main frustration? Fielding questions about you know who. It seems whatever the captain, his head coach and their team do, the spectre of Kevin Pietersen looms large over it. Not that Cook or Moores were particularly evasive. They engaged with the subject and even accepted its topicality but they also neatly pointed upwards to their seniors at the England and Wales Cricket Board when it came to responsibility. Colin Graves, the incoming chairman, Tom Harrison, the chief executive, and Paul Downton, the managing director, are the guys to ask about Pietersen’s chances of a comeback, they said. All three men were in attendance, buzzing around behind the scenes as besuited players shuffled around the hotel at Gatwick airport. None were in front of the microphones, of course. Pietersen, if you have spent the past 32 days unhooked from the matrix, wants back in. The 34-year-old batsman saw the door to an England re- turn – previously bolted top and bottom – creak slightly ajar when Graves publicly stated that, rightly, he must play county cricket in order to make any talk of adding to his 104 Test caps mean something. After conversations with Graves over the phone, Pietersen secured release from his Indian Premier League commitments with Sunrisers Hyderabad and now embarks on a run-plundering mission at Surrey in Division Two in the hope that a failing England set-up will hit select-all delete on memories of his incendiary autobiography and come calling. If there is a chance, it remains Rizla-thin. All that matters for Cook and Moores, they insisted, is the next five weeks and an opposition described recently by Graves – who does not officially start his job until 15 May – as “mediocre”. Those comments have created something of a stir in the Caribbean, and when a considered and respected broadcaster such as Tony Cozier compares them to Tony Greig’s famous “grovel’ line in 1976, you know a nerve has been touched. The current Test captain insists he does not share the sentiment. “Anyone who has got to cross over the line and face 90mph bowling from the likes of Kemar Roach and play against some very experienced cricketers will have a different view,” Cook said. “Certainly in our team, we do. To win any series away from home takes a huge amount of skill and effort, so we’ve just got to focus on that. People can say what they want but it’s irrelevant to us. We’re there to take wickets and score runs.” On that last point, Cook could do with a few. Ever since his name was foolishly included in the statement that announced Pietersen’s separation from the England team 14 months ago, the left-hander – who approaches two years without an international century – has looked haunted at the crease. The 30-year-old pointed to scores of 95, 70 not out and 79 in the 3-1 win over India last summer as signs of recovery. They are, however, scarcely remembered as vintage. “The beauty of cricket is what record you have behind you, what you’ve achieved in the past, it’s always irrelevant,” said Cook, who claims he is fresh again after three months at home with his young family. “Every time you bat you start on nought. That’s what motivates me and nothing will give me more pleasure on this trip than scoring runs and leading England.” Both Cook and Moores had hoped to talk at greater length about the players inside the squad jostling to make their XI for the first Test in Antigua on 13 April, rather than the one outside it who has not faced a red ball since January last year. They did, at times, manage to turn some of the chat in that direction. “This is about an England team and we haven’t mentioned their names,” Moores said. “Their dreams are being made on this trip – Adam Lyth being one, Mark Wood another – and that they’re not getting airtime is frustrating. There’s Adil Rashid, and Jonathan Trott has worked hard to get back into this England team. I understand Kevin is a huge subject but I don’t think me or Cooky can be drawn into that.” Cook said: “We’ve got to focus on the exciting thing and that’s the next few weeks, and the guys that are lucky enough to pull on that shirt, to represent our country, to be committed to playing for England. I was with Adam Lyth when he got that phone call from [national selector] James Whitaker in Dubai. This tough Yorkshireman was then in tears talking to his mum. That is what playing cricket for England is. And getting that opportunity, to be standing in the airport in his first England suit, he’ll remember it forever now. We’ve got to concentrate on that.” Both men are right to an extent. Trott’s comeback from troubled times is an uplifting story, the idea of an English leg-spinner in Rashid mouthwatering and if the young fast bowler Wood is as captivating with the ball as he is in an interview, England have a crackerjack cricketer on their hands. But, as always, it all comes back to results. To shore up their own positions – and make the number of Pietersen’s runs for Surrey an irrelevance – Cook and Moores simply need this series won handsomely. Saturday, April 4, 2015 SPORT GULF TIMES GCC BEACH GAMES Kuwait duo win gold in rowing on opening day ‘Our team has been preparing hard and we have entered the competition with great confidence’ By Sports Reporter Doha K uwait won the first gold medal at the second edition of the GCC Beach Games yesterday, with its rowing team coming out on top in the doubles event at Katara Beach. The experienced pair of Mohamed al-Sabti and Mohamed Burabei finished first in C2x, ahead of UAE and Bahrain, who bagged silver and bronze medals respectively. UAE team consisted of Hamad Saeed and Hamid Hassan, while Imad Abdullah Murad Ali and Ashraf Majid al-Khalifa al-Majid paired for Bahrain. Hosts Qatar’s team of Ahmed Salim and Abdul Rahman al-Tamimi had a disappointing outing and finished fourth, ahead of Saudi Arabia. In today’s 500metre individual competition, Kuwait is once again the favourite to win gold. The competitors had to battle high waves and finally it was Kuwaitis who fared better. Apart from rowing, Katara is also hosing sailing and open water swimming events. Hasan Abdulla Mohsin, assistant secretary general of Qatar Sailing Federation was confident that the hosts will fare much better in today’s competition. “Our team has been preparing hard and we have entered the competition with great confidence. We did expect to get gold today and there were high hopes, but we couldn’t win. But we must regain our focus and bounce back strongly,” Mohsin said. In handball, Qatar beat Oman 2-0 (16-14, 19-18) while Oman beat Bahrain 2-0 (16-10, 13-12) in the opening matches. Over 300 athletes from across the GCC are participating in 13 events across eight disciplines, with Al Kass channel broadcasting the excitement live. Handball, basketball, football events are being held at Al Gharafa Beach grounds. In addition to the athletes, the GCC Beach Games will see the participation of 70 team officials and 150 technical officials from the six GCC countries taking part. Aspetar, one of the world’s leading specialised orthopaedic and sports medicine hospitals and the first of its kind in the Middle East, will provide medical services for the Games while the prestigious AntiDoping Laboratory Qatar will handle the drug testing for the event. The concept of a Beach Games was created by the Olympic Council of Asia (OCA) with the staging of the first-ever Asian Beach Games in Bali, Indonesia in 2008, and is seen as a pioneer in bringing new sports to the sand. The Asian Beach Games have been held every two years since, with the most recent edition being hosted in 2014 in Phuket, Thailand. Its popularity and success led to a resolution at the Association of National Olympic Committees (ANOC) General Assembly in November 2014 to launch a World Beach Games, with the first event set to take place in 2017. Qatar Olympic Committee secretary general Sheikh Saoud bin Abdulrahman al-Thani and other officials witness the proceedings of the opening day of the 2nd GCC Beach Games yesterday. (Below) Action from the handball match between Qatar (in maroon) and Oman. Qatar won the match 2-0 (16-14, 19-18). PICTURES: Mamdouh Kuwaiti rowers Mohamed al-Sabti and Mohamed Burabei (right) win the C2x competition ahead of their UAE counterparts at Katara yesterday. (Right) First-placed Kuwaiti rowers, second-placed Emirati rowers Hamad Saeed and Hamid Hassan and third-placed duo from Bahrain Imad Abdullah Murad Ali and Ashraf Majid al-Khalifa al-Majid pose on the podium with Khalid al-Muhanadi, the executive director of the 2nd GCC Beach Games, and other officials. PICTURES: Jayan Orma Glittering Prize Giving rounds off Desert Challenge Agencies Abu Dhabi T Qatar’s Mohamed Abu Issa (centre) receives the winner’s trophy from ATCUAE president Mohamed Ben Sulayem (left) and Yas Marina Circuit CEO Tarek al-Ameri after taking the Desert Challenge quads crown for the second time in three years. he 25th Abu Dhabi Desert Challenge came to a climax with a glittering gala dinner and prize giving ceremony at Yas Marina Circuit. ATCUAE president Mohamed Ben Sulayem and Yas Marina Circuit CEO Tarek al-Ameri presented trophies to winners in all the categories at the conclusion of the event, which was held under the patronage of Sheikh Hamdan bin Zayed al-Nahyan, the Ruler’s Representative in the Western region. The winners included Russia’s Vladimir Vasilyev, who captured the cars title for the second year in a row, and Spain’s Marc Coma who secured the Desert Challenge bikes crown for the eighth time. Two trophies went to UAE competitors, with Ahmed al-Fahim winning the T3 buggies category and fellow-Emirati Mansour al-Helei capturing the T2 production class cars title. Qatar’s Mohamed Abu Issa won the Desert Challenge quads crown for the second time in three years. The Desert Challenge was the second round of this year’s FIA World Cup for Cross Country Rallies for cars and the opening round of the FIM Cross Country Rallies World Championship for bikes.
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