Otel Moni http://otelmoni.com/ Mon, 03 May 2021 08:09:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.1 https://otelmoni.com/wp-content/uploads/2021/05/cropped-icon-32x32.png Otel Moni http://otelmoni.com/ 32 32 Brilliant Mendoza honored again at world film festivals in Russia and Turkey https://otelmoni.com/brilliant-mendoza-honored-again-at-world-film-festivals-in-russia-and-turkey/ https://otelmoni.com/brilliant-mendoza-honored-again-at-world-film-festivals-in-russia-and-turkey/#respond Mon, 03 May 2021 05:06:00 +0000 https://otelmoni.com/brilliant-mendoza-honored-again-at-world-film-festivals-in-russia-and-turkey/

Earl DC Bracamonte (Philstar.com) – May 3, 2021 – 1:06 p.m.

MANILA, Philippines – Multi-award winning Filipino filmmaker Brillante Mendoza has traveled the crossroads of Europe and Asia, from Moscow – where he led a panel of jurors at a film festival – to another festival in films in Turkey, to receive accolades as an accomplished filmmaker at the International Bosphorus Filmfest (IBFF), also known as the Istanbul Ulurararasi Bogazici Festival.

On its website, the organizers wrote that the purpose of the IBFF, which will be owned by the Bogazici Cinema Association, is to contribute to the development of films that have ethical, aesthetic and technological integrity in Turkey and in the world; materially and morally support young producers and directors in the production of new films – keep the idea of ​​the country’s cinema promise with an identity or an agenda – and carry out the necessary activities to this end, as well as promote Turkish cinema both in locally and internationally.

The feature films category, with entries of at least 75 minutes, had the recipients for Best Picture, Best Director, Best Actor, Best Actress, Best Photography, Best Screenplay and Best Editing. All monetary rewards were in Turkish Lira.

In addition, the Ahmet Ulakay Grand Prize of £ 25,000 plus a Golden Dolphin Trophy was awarded to the best short film (up to 20 minutes long) of the festival. The award-winning directors were all compelled to attend the ceremony. A prize won (by a candidate) was not awarded to those who did not attend the ceremony, even if they won a category.

The 43rd Moscow Film Festival, which just ended, took place from April 22 to 29. Judging 14 main nominations, Mendoza headed a jury made up of Serbian producer Milos Bimovic, Brazilian director Karim Ainouz and Russian screenwriters / directors Nigina Sayfulaeva and Yuri Poteenko.

Previously, among Mendoza’s many accomplishments was the Best Director award at the 2009 Cannes Film Festival for his film “Kinatay”, edging out frontrunner Quentin Tarantino who directed “Inglorious Basterds”. And by receiving the Ecumenical Jury Prize at the 2015 Cannes Film Festival for his acclaimed film project, “Taklub”. He was also the most award-winning director and producer at the 2019 Metro Manila annual film festival for his entry “Mindanao,” which starred Judy Ann Santos and Allen Dizon, both of whom won top acting honors.


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Trem Global to introduce Turkey to international investors with high profile actor Burak Özçivit https://otelmoni.com/trem-global-to-introduce-turkey-to-international-investors-with-high-profile-actor-burak-ozcivit/ https://otelmoni.com/trem-global-to-introduce-turkey-to-international-investors-with-high-profile-actor-burak-ozcivit/#respond Mon, 03 May 2021 04:34:13 +0000 https://otelmoni.com/trem-global-to-introduce-turkey-to-international-investors-with-high-profile-actor-burak-ozcivit/

Istanbul, Turkey:

Investment advisory firm Trem Global has signed a deal with Burak Özçivit, a Turkish player with an international fan base who will serve as the company’s brand ambassador and promote Turkey’s economic stimulus plans in the markets of foreign investment.

This press release contains multimedia. See the full version here: https://www.businesswire.com/news/home/20210428005059/en/

Trem Global to introduce Turkey to international investors with high profile actor Burak Özçivit (Photo: Business Wire)

Turkey: a dynamic place of investment

Thanks to its strategic position between Europe and Asia and its relatively young and skilled workforce, Turkey represents an attractive – and very dynamic – destination for foreign investment.

According to global management consultancy Kearney, the rate of foreign investment in Turkey increased by 35% – to about $ 4.6 billion – in 2020, despite the fact that during the same period, investments foreigners around the world fell 33%, mainly due to the Covid-19 pandemic.

Many observers attribute Turkey’s success in this regard to the generous set of incentives the country offers to potential investors. These include the granting of residency and / or citizenship rights to foreign nationals who make capital investments of $ 500,000 or more, purchase real estate worth at least $ 250,000, or create investments. local employment opportunities.

Global appeal, global reach

The international appeal of Turkish television series, many of which have attracted global audiences of several hundred million, has provided the country with unique opportunities to market itself to potential investors.

Özçivit has played leading roles in many Turkish TV series and films, many of which have attracted worldwide audiences. The actor said he was both “happy and proud” to have this unique chance to promote his country.

A short promotional film about the campaign, to be shot in the coming weeks, has generated considerable excitement among fans for the actor, who recently raised the upcoming project on his social media accounts.

“Our nascent partnership with Burak Özçivit will help us tap lucrative investment markets, especially New York, Toronto, London and Dubai. Burak and our company share the same goal: we both want to increase Turkey’s visibility on the world stage, especially among international investors. said Muhammet Torun. “It’s part of our long-term political goal of achieving – and maintaining – global reach.”


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Type Tantrum 2.0: Beware of TUCKANS https://otelmoni.com/type-tantrum-2-0-beware-of-tuckans/ https://otelmoni.com/type-tantrum-2-0-beware-of-tuckans/#respond Mon, 03 May 2021 04:05:37 +0000 https://otelmoni.com/type-tantrum-2-0-beware-of-tuckans/

One year after Covid-19 pandemic, the global economy faces a growing risk of a balance of payments crisis. In fact, 2020 has already seen a record seven defaults on the sovereign debt of Argentina, Belize, Ecuador, Lebanon, Zambia and Suriname (which have defaulted twice) . In this context, any new shock could plunge the weaker countries into chaos.

What could be the next shock? A Taper Tantrum 2.0.

After all, with a $ 7.3 billion stimulus rocket locked and loaded, the U.S. economy should destroy in a booming recovery. This could prompt the Federal Reserve to start curbing its ultra-loose monetary policy sooner than expected, with serious consequences for Emerging Markets.

We’ve seen this before: in 2013, the Fed’s comments on ending the bond buying program launched after 2008 financial crisis caused an exodus of capital from emerging markets, as well as a significant depreciation of their currencies.

The good news is that this time around, many emerging markets are in a better position than they were in 2013. On the one hand, current account deficits are lower, including in major economies. India, Brazil, Mexico, Turkey and South Africa. . This suggests that these EMs are overall less dependent on foreign capital inflows than they were in 2013 – at least for now. Second, despite the enormous Monetary easing Following the Covid-19 crisis, credit growth is at more sustainable levels, particularly in Brazil, Colombia, Russia, India, the Philippines and Indonesia. This may reflect less demand for credit in the midst of the crisis and will reduce short-term growth prospects, but it also indicates lower liquidity risk than in 2013-14.

“The good news is that this time around, many emerging markets are in a better position than they were in 2013”

In terms of inflation, Argentina, Nigeria, and Turkey could post average annual inflation rates well above 10%, well above their 2013 levels, but for other emerging markets, inflation will likely stay under control. This allows central banks to support their national economies, and possibly governments, in case external credit dries up.

And while emerging market currencies are expected to remain volatile, real effective exchange rates are currently less strained after a year of widespread depreciation. This means that there is less risk of a repeat of a substantial depreciation this time around. Finally, monetary policy is ultra-loose in many emerging markets and is expected to remain broadly accommodative for the foreseeable future, providing space to mitigate any impact of any Fed tapering.

But there are still weak spots: in Turkey, Argentina, Ukraine, South Africa, Romania and Chile, external debt payments due over the next 12 months significantly exceed the level of foreign exchange reserves. official held by central banks.

In fact, in Turkey debt is more than four times greater than reserves. In addition, the share of public debt held by non-residents exceeded 35% of total public debt in Indonesia, Ukraine, Kenya, Romania, Argentina, Turkey, Chile and South Africa. This increases the risk of a sudden reallocation of capital from emerging markets to the United States and financial market turmoil if the Fed raises rates earlier than expected, and without warning.

So which countries are most at risk of facing reality?

Meet the TUCKANS: Turkey, Ukraine, Chile, Kenya, Argentina, Nigeria and South Africa. Taking into account the liquidity risk (based on the current account balance, short-term external debt, import hedging and private sector credit growth) and cyclical risk (based on the risk of currency, inflation, dependence on commodities, stocks and bonds), these emerging markets are most likely to face the music in the event of Taper Tantrum 2.0, especially if Fed actions are not well communicated.

Ludovic Subran is Chief Economist, Allianz SE

The post office Type Tantrum 2.0: Beware of TUCKANS appeared first on Views of emerging markets.


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Erdogan’s $ 20 billion canal to nowhere https://otelmoni.com/erdogans-20-billion-canal-to-nowhere/ https://otelmoni.com/erdogans-20-billion-canal-to-nowhere/#respond Mon, 03 May 2021 04:00:17 +0000 https://otelmoni.com/erdogans-20-billion-canal-to-nowhere/

In April 2011, Turkish leader Recep Tayyip Erdogan outlined his vision for a nearly 50-kilometer canal connecting the Sea of ​​Marmara and the Black Sea parallel to the Bosphorus Strait, about 20 km to the east. A decade later, after countless shutdowns and starts, Turkish officials plan to inaugurate the $ 20 billion project next month, which Erdogan himself calls “crazy.”

A growing chorus of critics might agree. Istanbul mayor Ekrem Imamoglu, widely seen as Mr Erdogan’s main challenger in the next presidential election, scheduled for 2023, is the mayor of Istanbul. new expensive waterway. Nearly three in four Istanbul residents agree, according to a 2019 survey.

Istanbul accounts for a fifth of Turkey’s population and more than a third of its gross domestic product. But the Turkish economy has stagnated since a currency crisis in mid-2018, with a steadily declining lira, massive external debt, and consistently high inflation and unemployment. The pandemic has made matters worse, pushing more than 1.5 million Turks into poverty. And a few days ago, Turkey entered its toughest lockdown yet amid a record number of Covid-19 deaths.

Learn more about David Lepeska

Erdogan pledged to move forward with the canal, arguing that it will attract much-needed foreign investment and boost economic activity. Senior Turkish officials and wealthy foreigners are said to have acquired land along the planned route, causing property prices to rise sharply.

The government estimates that the canal will generate $ 5 billion in annual transit fees and reduce traffic on the Bosporus, which handles about three times as many ships as the Suez or Panama Canal. Many critics denounce the proposal on environmental grounds, citing predictions that the canal will destroy large tracts of agricultural land and coastal habitats of many species and endanger marine ecosystems from the Black Sea to the Mediterranean.

Yet due to congestion, sharp turns, narrow stretches and undercurrents, accidents across the Istanbul Strait are not uncommon. In 1999, a Russian tanker split in two near the mouth of the Bosporus, spilling 1,500 tons of oil that contaminated nearby beaches for two years. The container ship housed last month in the Suez Canal, which put on traffic for almost a week and cost Egypt millions of dollars, looks like a decent advertisement for the Istanbul canal.

The Montreux Convention of 1936 guarantees the free passage of civilian ships through the Strait of Turkey (the Bosporus and the Dardanelles), while giving Turkey considerable control over the passage of warships from non-member states of the sea. Black. Senior officials of the Justice and Development Party (AKP) claimed the new channel would allow Turkey to quash the convention and establish new regulations. But that is highly unlikely, especially since Russian President Vladimir Putin made it clear to Erdogan that Montreux is a red line.

Assuming Montreux remains in effect, leading Bosphorus analyst Yoruk Isik estimates that during normal economic times, transport ships wait an average of 20 hours to cross the strait. If this is true, transport companies would have an incentive to pay for faster and safer no-wait transit through the new canal, which will be straight and much wider than the Bosporus.

Mr. Erdogan could also be ego driven. Boasting rolling hills and sparkling waterways, Istanbul has for nearly three millennia provided rulers looking to cement their heritage with an ideal natural backdrop. Byzas and Constantine lent their names to the city. Justinian gave the world Hagia Sophia. Theodosius left his walls still standing.

Then came the tall Ottoman mosques and pencil-thin minarets, mostly designed by Mimar Sinan, the favorite architect of Suleiman the Magnificent, the 16th-century sultan. Mr Erdogan has already copied this style by building Turkey’s largest mosque overlooking the Bosporus on the Asian side of Istanbul. But these are just ornaments pinned to an old beauty.

A second Bosphorus that turns the city center into an island would be an unprecedented makeover – one that proved too much even for Mr. Erdogan’s greatest predecessors. Sultan Suleyman, who ruled the empire in its heyday and brought it to the gates of Vienna, first pioneered the concept of an artificial Black Sea waterway at Marmara five centuries ago. It has even been said that Mimar Sinan began to develop a road map before the effort was abandoned.

Successful sultans also thought about the idea before finding other plans to occupy them. The concept has also been resurrected a few times during the Republican era, including as recently as 1991, when the head of an Istanbul commission argued that it would reduce shipping traffic, pollution and risk. environmental.

Completing this project after the failure of so many would be the cornerstone of the Turkish President’s rise from the difficult streets of Kasimpasa to unparalleled greatness. “Istanbul will become a city crossed by two seas,” Erdogan proclaimed in 2011.

Turkey’s economy warps further under a new lockdown. AP

Nearly three in four Istanbul residents are against the project

It is normal that this is his decisive project. After taking power in 2003, Mr. Erdogan took control of the public housing agency TOKI. Over the next decade, construction in Turkey jumped five times as construction became an economic engine and an electoral tool. “TOKI builds many kinds of projects to win voters,” economist Mustafa Sonmez told me in 2013. “Sometimes a mosque, a stadium, sometimes military complexes and shopping malls – whatever you need.

Mr Erdogan launched one megaproject after another: a third bridge over the Bosphorus, the largest airport in the world, a rail tunnel under the Bosphorus, a billion-dollar port complex, a mosque overlooking Taksim Square. His construction-focused agenda is one of his most successful political projects and one of his most despised.

The construction boom has been supported by its grassroots and the AKP’s inner circle, many of which are said to have benefited from non-tender contracts worth billions of dollars. It also inspired the biggest wave of opposition to Mr Erdogan. In mid-2013, millions of Turks joined weeks of nationwide protests that initially started protesting the shaving of Gezi Park in central Istanbul.

A decade later, one wonders if the leader of Turkey should have been more careful. He has always maintained that the new airport, bridge and canal were the key to his vision of boosting Turkey’s prestige and raising GDP to $ 2 trillion by 2023. The republic’s centenary does is more than two years from now, but the Turkish economy is more than 60 percent below that target.

Meanwhile, the projects that have been completed look like a mess. Istanbul Airport opened in April 2019. Less than a year later, and weeks before the pandemic hit the travel industry, Chinese bank ICBC was in talks to refinance 6.2 billion dollars of its loans.

The Third Bosphorus Bridge and the adjacent Marmara Highway opened in 2016 and quickly underperformed to the point that the Italian-Turkish consortium overseeing them moved away. Now Turkey is preparing to make a Chinese consortium the majority owner of the bridge and the highway, according to ANKA Review columnist Aygen Aytac.

Ships anchored waiting in the Sea of ​​Marmara before sailing through the Bosphorus Strait.  AFP

Ships anchored waiting in the Sea of ​​Marmara before sailing through the Bosphorus Strait. AFP

Beijing is suddenly all over Mr. Erdogan’s prestige projects. The two largest Chinese port operators are majority owners of Istanbul’s Kumport, which is conveniently located on the northwestern edge of the Sea of ​​Marmara, near the southern end of the planned canal. China’s largest tech company ZTE owns 48% of Turkey’s largest telecommunications company, which oversees communications at Istanbul Airport, near the northern end of the planned channel.

Last week, six Turkish banks, including the country’s three largest private banks, said they were unlikely to invest in the canal due to environmental concerns. This followed news that Chinese banks were considering a multibillion-dollar investment in the planned channel, which would be part of Beijing’s broad Belt and Road initiative.

Due to economic issues and declining AKP support, the most likely outcome for Canal Istanbul could be the Bridge to Nowhere scenario, in which construction would start and then stop indefinitely if Mr. Erdogan was rejected. But even if the canal does come to fruition, it may not be seen as Mr Erdogan’s crowning achievement, but as an early sign of China’s conquest of the great Ottoman capital.

David Lepeska is a Turkish and Eastern Mediterranean Affairs columnist for The National




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Ethereum exceeds $ 3,000 https://otelmoni.com/ethereum-exceeds-3000/ https://otelmoni.com/ethereum-exceeds-3000/#respond Mon, 03 May 2021 02:01:30 +0000 https://otelmoni.com/ethereum-exceeds-3000/

Bloomberg

Wealthy Americans fleeing tax hikes could lead to a switch to ETFs

(Bloomberg) – The burgeoning ETF industry may be poised to attract even more liquidity in the years to come, as wealthy Americans facing higher capital gains taxes seek to limit what they owe Uncle Sam. Compensation of $ 1 million a year on investment profits would accelerate a change that has already seen hundreds of billions of dollars migrate from mutual funds to funds traded on the stock exchange, according to market watchers. This is because ETFs are generally more tax efficient, resulting in fewer capital gains disbursements which for some may soon become much more expensive. in asset allocations in recent years. While the administration’s plan is still in its infancy and will certainly be the subject of scrutiny by lawmakers in the months to come, even a gradual increase in the earnings rate equity would likely boost ETF use, according to David Perlman, ETF strategist at UBS Global. Wealth management. “If the capital gains tax rates are higher, if you have a choice of a structure that helps defer capital gains and gives you more control over when to recognize those gains, you would be more inclined to to go that route, ”Perlman said. When an investor leaves a mutual fund, the fund manager must sell securities to raise cash for redemption. The same investor leaving an ETF can sell their shares to another investor, which means that neither the fund nor its manager has made a taxable transaction. The ETF issuer trades the underlying securities of the fund with a market maker rather than making transactions in cash – meaning the ETF rarely makes a taxable sale. A study carried out in December by researchers at universities Villanova and Lehigh revealed that over the past five years, ETFs have applied a tax on average. 0.92% lower charge than active mutual funds. Additionally, especially for high net worth investors, tax considerations have overtaken both performance and fees as the primary driver of flows out of active mutual funds to ETFs, the results show. be a godsend for ETFs, ”said Nate Geraci, chairman of the ETF Store, an advisory firm, via email. “Despite significant market share gains by ETFs over the past decade, there are still trillions of dollars stuck in less tax efficient mutual funds.” Last year alone, the ETF industry took in nearly $ 500 billion, while mutual funds lost around $ 362 billion, according to data compiled by Bloomberg ETF Advantage Most ETFs do not practically pass more capital on to shareholders these days. According to Todd Rosenbluth, the company’s head of ETF and mutual fund research, only 3 out of 585 in a CFRA analysis made disbursements in 2020 in an April 26 report. During the same period, 37 of the 39 domestic equity mutual funds of T. Rowe Price Group Inc. recorded a capital gain, according to the analysis. avoid paying higher capital gains taxes in the future, ”he added. The simple discussion of capital gains reminds investors of the industry’s innate tax advantages over mutual funds. Others are not convinced that a higher capital gains rate will do much to stimulate entry into ETFs. High net worth investors would have to sell their mutual fund holdings to effect the switch, which would bring significant tax liabilities in the process, said Michael Zigmont, head of trading and research at Harvest Volatility Management. “I see this tax hike is neither good nor bad for ETFs. “, Did he declare. Meanwhile, ETFs do not meet all investment needs. The U.S. retirement system remains heavily biased towards mutual funds, for example. Nonetheless, Perlman agrees with Rosenbluth that the potential tax change could even impact investors below the annual income threshold of $ 1 million. or fearing that the threshold will be lowered later, are also likely to shift their future allocations, he said. “The incentives apply more broadly than just those affected by the proposal,” Perlman said. Please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted source of business news. © 2021 Bloomberg LP


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Turkey Adds Crypto Platforms to AML Rules https://otelmoni.com/turkey-adds-crypto-platforms-to-aml-rules/ https://otelmoni.com/turkey-adds-crypto-platforms-to-aml-rules/#respond Mon, 03 May 2021 01:42:54 +0000 https://otelmoni.com/turkey-adds-crypto-platforms-to-aml-rules/

Turkey has added cryptocurrency trading platforms to its list of companies covered by anti-money laundering (AML) and terrorist financing regulations, Reuters reported.

A presidential decree expanded the rules early on Saturday (May 1), and a local report said the rules would take effect immediately and cover “crypto asset service providers” making them responsible for existing regulations, according to Reuters.

Turkey’s central bank last month banned the use of crypto for payments, citing concerns about the risk of transactions, Reuters reported.

In the days that followed, two Turkey-based crypto trading platforms were shut down for separate investigations, according to Reuters. The investigation of one of them, Thodex, resulted in the imprisonment of six suspects.

In other news, Berkshire Hathaway Vice President Charlie Munger called bitcoin “disgusting” and said it was “against the interests of civilization”. CNBC reported.

“I’m not in favor of a currency that’s so useful to kidnappers and extortionists and so on, and I also don’t like just transferring your extra billions of billions of dollars to someone who just invented one. new financial product from scratch, ”he said, via CNBC.

Berkshire Hathaway chief executive officer Warren Buffett, who had avoided a bitcoin question earlier, said he had no response to Munger’s comments, according to CNBC.

Recently, Fidelity Investments deployed Sherlock, a digital asset data and analytics solution, to bring together comprehensive data on digital assets, according to a Press release.

Sherlock provides streamlined access to “fundamental and technical data on development ecosystems, network activity, commerce, social media activity, news” and more.

Kevin Vora, vice president of product management for Loyalty center for applied technology (FCAT), said in the statement that the reason the company is moving forward with Sherlock is the increased interest in the crypto space, and investors said there is a need to find a data solution. simple.

“This is what we are introducing with Sherlock – robust and insightful datasets paired with highly intuitive tools to help clients make data-driven digital asset investment decisions,” he said. stated in the press release.

——————————

NEW PYMNTS STUDY: SUBSCRIPTION TRADE CONVERSION INDEX – APRIL 2021

About the study: A third of consumers who signed up for subscription services in the past year were just there for the free trial. In the 2021 Subscription Commerce Conversion Index, PYMNTS surveys 2,022 U.S. consumers and analyzes more than 200 subscription commerce providers to focus on the key features that turn ‘subscription curious’ into persistent, long-term subscribers. term.





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Turkey launches new raid in northern Iraq https://otelmoni.com/turkey-launches-new-raid-in-northern-iraq/ https://otelmoni.com/turkey-launches-new-raid-in-northern-iraq/#respond Mon, 03 May 2021 01:18:40 +0000 https://otelmoni.com/turkey-launches-new-raid-in-northern-iraq/

Saudi and Greek drug busts highlight Hezbollah’s ‘drug strategy’

DUBAI: Lebanese fruits and vegetables are no longer welcome in Saudi Arabia after vigilant port authorities in the Kingdom thwarted an attempt to smuggle narcotics inside grenades.

Last month, customs officials at the Islamic port of Jeddah seized more than 5 million Captagon pills cleverly hidden in a shipment of grenades from Lebanon. In addition, amphetamine pills hidden in a shipment of grenades from Lebanon were seized in the King Abdulaziz port of Dammam.

The Kingdom responded to the incident by banning the import and transit of fruit and vegetables from Lebanon.

Waleed Al-Bukhari, Saudi Arabia’s Ambassador to Lebanon, revealed that there have been attempts to smuggle over 600 million pills from Lebanon over the past six years.

Lamenting the economic impact of the drop in drugs and the import ban, Michel Moawad, a Lebanese politician who resigned from parliament in protest against the August 4, 2020 explosion in Beirut, said farmers and legitimate importers are “paying the price today because of Captagon.” smugglers. “

“What do we gain by exporting missiles, militias and drugs?” he said. “What are our interests when we are hostile to the Arabs and the international community, when we go to fight in Yemen and elsewhere?”

When Moawad demanded that “Lebanese soil remain totally sovereign, without security strongholds, without illegal weapons, missiles, military training camps for Houthis and without Captagon factories,” he did not have to explicitly name Hezbollah.

The failed attempt to get amphetamine pills to Saudi Arabia is most likely linked to the Iran-aligned Shia group with an active military wing, an anonymous source told Independent Persian.

The source pointed to Hezbollah’s reputed association with drug smuggling, including Captagon pills made in Syria, a charge the group vigorously denies.

The source added that Hezbollah, by virtue of its authority over the “legal and illegal” border checkpoints between Syria and Lebanon, had uncontrolled control over all drug-related operations.

Hezbollah officials and politicians have yet to comment on the charges.

Captagon pills recovered by Saudi anti-narcotic agents from a shipment of pomegranate from Lebanon are on display. (SPA)

Lebanese security officials have so far arrested four people suspected of being linked to the cargo seized. Local media speculated that the grenades were coming from Syria via the Al-Masnaa border checkpoint or the northern Al-Aboudeyye border post.

After the certificate of origin was changed from Syrian to Lebanese, the shipment was shipped to Saudi Arabia via the Port of Beirut, which does not have scanning devices to detect drugs. The Independent Persian quoted the source as saying that “the Captagon was produced in Syria, transported to Beirut and then shipped to the Kingdom.”

Earlier in April, Greek authorities seized more than four tonnes of cannabis hidden in a cargo of dessert machines traveling from Lebanon to Slovakia in the country’s main port, Piraeus, following a drug advice. United States Enforcement Administration (DEA).

Greek authorities said the drugs were estimated to be worth $ 4 million in market and that Saudi Arabia’s drug enforcement agency had assisted them in the case.

Supporters of Hezbollah’s Shiite movement move in a convoy to Kfar Kila, on the Lebanese border with Israel, October 25, 2019 (Photo by Ali Dia / AFP)

In January, the BBC aired a documentary showing Italian police burning 85 million amphetamine pills, weighing 14 tonnes, which had been seized in June 2020. Italian financial crimes police said the smuggling came from the Syrian port of Latakia.

The origin of the smuggling was initially believed to be Daesh, but turned out to be Syria, according to the BBC documentary, which alleged that the Syrian regime and its ally, Hezbollah, were deeply involved in drug trafficking in as a major source of funding.

The size of the transport indicated that the amphetamine pills were being manufactured on a very large scale in appropriate factories, which was clearly beyond the capacity of Daesh given the loss of most of its territory. This left areas under the control of Syrian President Bashar Assad as a likely source of the pills.

The BBC report, however, mentions that Captagon is produced illegally in Lebanon. Italian authorities have not publicly announced a possible manufacturer of the pills, but have confirmed that they originate from Latakia.

It is believed that the production of illegal drugs exploded in Syria during the civil war, emerging as a much needed source of income for the Assad regime. The ruling clique and its foreign allies have used the proceeds of drug trafficking to evade sanctions imposed by the West.

Narcotics like Captagon pills and hashish are seen as key sources of revenue for Hezbollah and the Syrian regime. (AFP)

The amphetamine in Captagon is also known for its inhibitory and fear-stimulating effects, which have been shown to be useful during long fighting in war-torn areas in the Middle East.

In recent years, authorities in Saudi Arabia, Kuwait, the United Arab Emirates and Jordan, among other countries, have seized huge quantities of Captagon, often in shipments from Syria.

In a televised speech in January, Hezbollah chief Hassan Nasrallah said the accusations about his involvement in the production of amphetamines had “no credibility.”

“Our position on drugs of all kinds is (clear). It is religiously forbidden to manufacture, sell, buy, smuggle and consume. In some cases, the punishment could even be execution, according to Sharia law, ”he said.

However, American and European drug agencies are convinced that Hezbollah is profiting from the drug trade. Europol, a European law enforcement agency, released a report in 2020 warning that Hezbollah operatives were using European cities as a base for trading “drugs and diamonds” and for laundering profits.

INNUMBERS

  • 10,100 – Packets of hashish seized at the border between Syria and Jordan in 2020.
  • 4.1 million – Captagon pills seized at the border between Syria and Jordan in 2020.
  • $ 4 million – Market value of drugs seized by Greece with Saudi aid in April.
  • $ 24 million – Lebanon’s annual fruit and vegetable trade with Saudi Arabia until the ban.
  • 85 million – Amphetamine pills seized in Italy in June 2020.

In 2018, the US State Department named Hezbollah one of the top five global criminal organizations. Reports indicate that Hezbollah’s criminal operations have intensified in recent times in response to Iranian directives to generate revenue as part of its efforts to avoid US sanctions.

For their part, the Israeli police accused Hezbollah of smuggling hashish into the country.

Lebanon is known to be one of the world’s leading producers of cannabis, widely cultivated in areas considered to be Hezbollah strongholds, including Baalbek and Hermel.

This section contains the relevant benchmarks, placed in (Opinion field)

Last year, the US State Department and the Washington intelligence community said there was ample evidence to support allegations linking Hezbollah to criminal activity, including drug trafficking, in South America and Europe.

Since 2009, many Lebanese have been sanctioned by the US Treasury for their connection to organized crime, involving drug trafficking and money laundering. Many of those sanctioned were linked to Hezbollah.

Hezbollah has forged strong ties with South America’s Paraguay-Argentina-Brazil tri-border region, which is home to more than 5 million people of Lebanese descent. Local contacts are believed to facilitate and cover up Hezbollah’s drug trafficking, money laundering and terrorist financing operations in this area.

Antoine Kanaan, editor of Lebanon Law Review, says there is no doubt that Hezbollah was behind the Captagon found in the shipment of grenades that reached Jeddah.

He said the pomegranate is not even produced commercially in Lebanon, adding that it is a secondary fruit crop whose cultivation is “limited to plots as small as orchards and private gardens.

Pomegranates are among the main agricultural exports from Lebanon to Saudi Arabia. (Photo SPA)

In contrast, Syria is well known for its pomegranate production, especially in areas such as Daraa, he told Arab News.

“This means that the pomegranates that went from Lebanon to Saudi Arabia came from Syria,” said Kanaan, who believes the Captagon was inserted into the fruit in Lebanon.

The amount of Captagon involved and the ingenuity of the plot confirms Hezbollah’s involvement, or at least consent and benefit sharing, according to Kanaan, who further noted that consensus rules everything in Lebanon, even drugs.

“Hezbollah is the primary supplier of Captagon to the region and there is no way that an independent Lebanese trader, or even the Syrian government, would have dared to achieve this without involving Hezbollah,” he said.

As to why the drugs were sent to Saudi Arabia, Kanaan said, “It is possible but unlikely that they are headed for fighters (Iran-backed Houthis) in Yemen.”

To support its paramilitary force, the Iranian-backed Lebanese Shiite movement Hezbollah exports drugs to countries it considers non-allies, such as Saudi Arabia. (Photo from AFP file)

Brig. General Adel Machmouchi, former head of the antinarcotics department of the Lebanese Internal Security Forces, said the drug roundup in Jeddah revealed that Lebanon was one of the countries that did not cooperate with international bodies fighting against the drug.

In a television interview over the weekend, he suggested that Lebanese ministries and relevant security organs should have “better and tighter control” over areas – in the Bekaa Valley and in northern Lebanon – where agriculture and illegal drug production take place.

He said the government should turn these illegal businesses into legitimate and productive projects.

Machmouchi said the sanctions “are not severe enough to reduce the crimes of drug production, trafficking and smuggling” and should be made tougher to have a deterrent effect.

He claimed that there were around 20 factories used to produce Captagon pills in Lebanon. “Lebanese antinarcotics agencies should (join forces) with their counterparts in Saudi Arabia and other GCC countries to be able to fight this crime and stop the process of using Lebanon as a springboard for drug smuggling, ”Machmouchi said.


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Arshad stuck in Turkey due to lockdown https://otelmoni.com/arshad-stuck-in-turkey-due-to-lockdown/ https://otelmoni.com/arshad-stuck-in-turkey-due-to-lockdown/#respond Mon, 03 May 2021 01:00:00 +0000 https://otelmoni.com/arshad-stuck-in-turkey-due-to-lockdown/

KARACHI: The country’s first javelin thrower and medal at the Tokyo Olympics is hoping Arshad Nadeem’s return from Turkey has been delayed due to the lockdown in Antalya.

However, he hopes that in a few days he can catch a flight.

“Here the lockdown was imposed on April 29 and there is also a theft issue, but hopefully in two or three days I can get the flight back to Pakistan,” Arshad told “The News” since. Antalya Sunday.

Pakistan Athletics Federation (AFP) President Major General (retd) Akram Sahi told The News they had made a provisional reservation for Arshad and he would hopefully return on May 5.

Arshad had to return home on April 30.

He had gone to Turkey a few weeks ago to train under the guidance of world track and field coach and former world silver medalist Viktor from Kazakhstan.

Meanwhile, his trainer Fayyaz Bukhari told this correspondent that after Arshad returned, they would prepare a plan.

“When Arshad returns, we will prepare a plan for the Olympic preparations. I will let him see his family for three days before resuming training in Lahore, ”said Fayyaz.

“After resuming training, the first 20 days will be very important during which we will be fully charged. I will check Arshad’s conditioning and skill levels and bring him back to par before entering the competitive phase which will last almost two months until the Olympics, ”said Fayyaz.

Arshad will begin his Olympic journey on August 5 and on August 6 he will play in the final.

Arshad made history in December 2019 with a successful 86.29-meter throw at the South Asian Games in Nepal to make it to the world’s most prestigious event.

Arshad recorded a throw of 86.38 meters last month at the Imam Reza international track and field event in Mashhad, Iran, which showed the Khanewal-born athlete has made significant progress.

Arshad will aim to break the 90-meter block that will secure him a medal at the Olympics.

“I hope Arshad wins a medal in Tokyo,” said Fayyaz, who has coached Arshad for six years.

Fayyaz said they are expected to travel to Turkey 15 days before the track and field event. “It would be a great advantage if we went there 15 days before our event. It would help us acclimatize and settle in before competing, ”said Fayyaz.

“I hope he gets everything he needs in Tokyo so that he can show his skills properly on the biggest stage,” said Fayyaz.

Standard equipment is also a big issue and Fayyaz wants to meet the General Manager of Pakistan Sports Board (PSB) so he can help them. “We need strength training equipment, a standard javelin and medicine balls made in England. We have Chinese brand balls, but these are not good, ”said Fayyaz.


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Turkey faces ‘exodus’ after 506% increase in asylum claims https://otelmoni.com/turkey-faces-exodus-after-506-increase-in-asylum-claims/ https://otelmoni.com/turkey-faces-exodus-after-506-increase-in-asylum-claims/#respond Sun, 02 May 2021 21:19:08 +0000 https://otelmoni.com/turkey-faces-exodus-after-506-increase-in-asylum-claims/

Saudi and Greek drug busts highlight Hezbollah’s ‘drug strategy’

DUBAI: Lebanese fruits and vegetables are no longer welcome in Saudi Arabia after vigilant port authorities in the Kingdom thwarted an attempt to smuggle narcotics inside grenades.

Last month, customs officials at the Islamic port of Jeddah seized more than 5 million Captagon pills cleverly hidden in a shipment of grenades from Lebanon. In addition, amphetamine pills hidden in a shipment of grenades from Lebanon were seized in the King Abdulaziz port of Dammam.

The Kingdom responded to the incident by banning the import and transit of fruit and vegetables from Lebanon.

Waleed Al-Bukhari, Saudi Arabia’s Ambassador to Lebanon, revealed that there have been attempts to smuggle over 600 million pills from Lebanon over the past six years.

Lamenting the economic impact of the drop in drugs and the import ban, Michel Moawad, a Lebanese politician who resigned from parliament in protest against the August 4, 2020 explosion in Beirut, said farmers and legitimate importers are “paying the price today because of Captagon.” smugglers. “

“What do we gain by exporting missiles, militias and drugs?” he said. “What are our interests when we are hostile to the Arabs and the international community, when we go to fight in Yemen and elsewhere?”

When Moawad demanded that “Lebanese soil remain totally sovereign, without security strongholds, without illegal weapons, missiles, military training camps for Houthis and without Captagon factories,” he did not have to explicitly name Hezbollah.

The failed attempt to get amphetamine pills to Saudi Arabia is most likely linked to the Iran-aligned Shia group with an active military wing, an anonymous source told Independent Persian.

The source pointed to Hezbollah’s reputed association with drug smuggling, including Captagon pills made in Syria, a charge the group vigorously denies.

The source added that Hezbollah, by virtue of its authority over the “legal and illegal” border checkpoints between Syria and Lebanon, had uncontrolled control over all drug-related operations.

Hezbollah officials and politicians have yet to comment on the charges.

Captagon pills recovered by Saudi anti-narcotic agents from a shipment of pomegranate from Lebanon are on display. (SPA)

Lebanese security officials have so far arrested four people suspected of being linked to the cargo seized. Local media speculated that the grenades were coming from Syria via the Al-Masnaa border checkpoint or the northern Al-Aboudeyye border post.

After the certificate of origin was changed from Syrian to Lebanese, the shipment was shipped to Saudi Arabia via the Port of Beirut, which does not have scanning devices to detect drugs. The Independent Persian quoted the source as saying that “the Captagon was produced in Syria, transported to Beirut and then shipped to the Kingdom.”

Earlier in April, Greek authorities seized more than four tonnes of cannabis hidden in a cargo of dessert machines traveling from Lebanon to Slovakia in the country’s main port, Piraeus, following a drug advice. United States Enforcement Administration (DEA).

Greek authorities said the drugs were estimated to be worth $ 4 million in market and that Saudi Arabia’s drug enforcement agency had assisted them in the case.

Supporters of Hezbollah’s Shiite movement move in a convoy to Kfar Kila, on the Lebanese border with Israel, October 25, 2019 (Photo by Ali Dia / AFP)

In January, the BBC aired a documentary showing Italian police burning 85 million amphetamine pills, weighing 14 tonnes, which had been seized in June 2020. Italian financial crimes police said the smuggling came from the Syrian port of Latakia.

The origin of the smuggling was initially believed to be Daesh, but turned out to be Syria, according to the BBC documentary, which alleged that the Syrian regime and its ally, Hezbollah, were deeply involved in drug trafficking in as a major source of funding.

The size of the transport indicated that the amphetamine pills were being manufactured on a very large scale in appropriate factories, which was clearly beyond the capacity of Daesh given the loss of most of its territory. This left areas under the control of Syrian President Bashar Assad as a likely source of the pills.

The BBC report, however, mentions that Captagon is produced illegally in Lebanon. Italian authorities have not publicly announced a possible manufacturer of the pills, but have confirmed that they originate from Latakia.

It is believed that the production of illegal drugs exploded in Syria during the civil war, emerging as a much needed source of income for the Assad regime. The ruling clique and its foreign allies have used the proceeds of drug trafficking to evade sanctions imposed by the West.

Narcotics like Captagon pills and hashish are seen as key sources of revenue for Hezbollah and the Syrian regime. (AFP)

The amphetamine in Captagon is also known for its inhibitory and fear-stimulating effects, which have been shown to be useful during long fighting in war-torn areas in the Middle East.

In recent years, authorities in Saudi Arabia, Kuwait, the United Arab Emirates and Jordan, among other countries, have seized huge quantities of Captagon, often in shipments from Syria.

In a televised speech in January, Hezbollah chief Hassan Nasrallah said the accusations about his involvement in the production of amphetamines had “no credibility.”

“Our position on drugs of all kinds is (clear). It is religiously forbidden to manufacture, sell, buy, smuggle and consume. In some cases, the punishment could even be execution, according to Sharia law, ”he said.

However, American and European drug agencies are convinced that Hezbollah is profiting from the drug trade. Europol, a European law enforcement agency, released a report in 2020 warning that Hezbollah operatives were using European cities as a base for trading “drugs and diamonds” and for laundering profits.

INNUMBERS

  • 10,100 – Packets of hashish seized at the border between Syria and Jordan in 2020.
  • 4.1 million – Captagon pills seized at the border between Syria and Jordan in 2020.
  • $ 4 million – Market value of drugs seized by Greece with Saudi aid in April.
  • $ 24 million – Lebanon’s annual fruit and vegetable trade with Saudi Arabia until the ban.
  • 85 million – Amphetamine pills seized in Italy in June 2020.

In 2018, the US State Department named Hezbollah one of the top five global criminal organizations. Reports indicate that Hezbollah’s criminal operations have intensified in recent times in response to Iranian directives to generate revenue as part of its efforts to avoid US sanctions.

For their part, the Israeli police accused Hezbollah of smuggling hashish into the country.

Lebanon is known to be one of the world’s leading producers of cannabis, widely cultivated in areas considered to be Hezbollah strongholds, including Baalbek and Hermel.

This section contains the relevant benchmarks, placed in (Opinion field)

Last year, the US State Department and the Washington intelligence community said there was ample evidence to support allegations linking Hezbollah to criminal activity, including drug trafficking, in South America and Europe.

Since 2009, many Lebanese have been sanctioned by the US Treasury for their connection to organized crime, involving drug trafficking and money laundering. Many of those sanctioned were linked to Hezbollah.

Hezbollah has forged strong ties with South America’s Paraguay-Argentina-Brazil tri-border region, which is home to more than 5 million people of Lebanese descent. Local contacts are believed to facilitate and cover up Hezbollah’s drug trafficking, money laundering and terrorist financing operations in this area.

Antoine Kanaan, editor of Lebanon Law Review, says there is no doubt that Hezbollah was behind the Captagon found in the shipment of grenades that reached Jeddah.

He said the pomegranate is not even produced commercially in Lebanon, adding that it is a secondary fruit crop whose cultivation is “limited to plots as small as orchards and private gardens.

Pomegranates are among the main agricultural exports from Lebanon to Saudi Arabia. (Photo SPA)

In contrast, Syria is well known for its pomegranate production, especially in areas such as Daraa, he told Arab News.

“This means that the pomegranates that went from Lebanon to Saudi Arabia came from Syria,” said Kanaan, who believes the Captagon was inserted into the fruit in Lebanon.

The amount of Captagon involved and the ingenuity of the plot confirms Hezbollah’s involvement, or at least consent and benefit sharing, according to Kanaan, who further noted that consensus rules everything in Lebanon, even drugs.

“Hezbollah is the primary supplier of Captagon to the region and there is no way that an independent Lebanese trader, or even the Syrian government, would have dared to achieve this without involving Hezbollah,” he said.

As to why the drugs were sent to Saudi Arabia, Kanaan said, “It is possible but unlikely that they are headed for fighters (Iran-backed Houthis) in Yemen.”

To support its paramilitary force, the Iranian-backed Lebanese Shiite movement Hezbollah exports drugs to countries it considers non-allies, such as Saudi Arabia. (Photo from AFP file)

Brig. General Adel Machmouchi, former head of the antinarcotics department of the Lebanese Internal Security Forces, said the drug roundup in Jeddah revealed that Lebanon was one of the countries that did not cooperate with international bodies fighting against the drug.

In a television interview over the weekend, he suggested that Lebanese ministries and relevant security organs should have “better and tighter control” over areas – in the Bekaa Valley and in northern Lebanon – where agriculture and illegal drug production take place.

He said the government should turn these illegal businesses into legitimate and productive projects.

Machmouchi said the sanctions “are not severe enough to reduce the crimes of drug production, trafficking and smuggling” and should be made tougher to have a deterrent effect.

He claimed that there were around 20 factories used to produce Captagon pills in Lebanon. “Lebanese antinarcotics agencies should (join forces) with their counterparts in Saudi Arabia and other GCC countries to be able to fight this crime and stop the process of using Lebanon as a springboard for drug smuggling, ”Machmouchi said.


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What we’re watching: Tories target Telford, broadcast overhaul https://otelmoni.com/what-were-watching-tories-target-telford-broadcast-overhaul/ https://otelmoni.com/what-were-watching-tories-target-telford-broadcast-overhaul/#respond Sun, 02 May 2021 20:00:00 +0000 https://otelmoni.com/what-were-watching-tories-target-telford-broadcast-overhaul/

Having obtained the necessary approval – albeit reluctantly – from the House for the policy set out in his inaugural budget speech, Minister of Finance Chrystia Freeland now faces a second, and perhaps even more important, cross-cutting challenge: convincing at least one opposition party to support its candidacy for the implementation of some of the measures set out in last month’s presentation, thanks to the draft omnibus law of 366 pages tabled in the Commons file on Friday.

As has become common practice under the Tiny Minority regime, in addition to a long list of budget proposals – to extend various emergency COVID-19 benefits over the summer, expand insurance coverage – employment and instituting a federal minimum wage of $ 15, to name a few. – the bill also includes several distinctly non-tax add-ons. These include new protocols for salaries and pensions of judges in the event of the resignation of a judge, as well as a proposed solution to the law prohibiting “false declarations” during election campaigns, which a judge of the Superior Court of Ontario recently ruled unconstitutional.

While such a regrouping will undoubtedly trigger light to moderate grunts from the opposition benches, no particular concerns have been raised to date regarding the content of the bill. But that could change this week, as MPs and party staff have now had the weekend to review the fine print.

Judging by how quickly he rose to the top of the Liberals’ legislative task list, they are clearly taking nothing for granted in their efforts to get the bill through the House and Senate before the recess. summer.

Last week, Government House Leader Pablo Rodriguez informed his Commons colleagues that the first round of debate will begin on Wednesday afternoon and continue until Friday if necessary. As always, however, that timeline could be scaled up if opposition parties used their combined majority to hold back its progress.

When it is finally put to a vote, the bill will automatically be considered a matter of confidence. This could spark a new wave of speculation about a hasty election – an election that, depending on how it unfolds, could continue until its final round in the upper house.

Tories target Telford, last-minute change to broadcast overhaul in latest opposition motions

Before Freeland can start defending his budget plans, the Conservatives will have another chance to temporarily take control of the House agenda, thanks to an upcoming opposition day. Judging by the latest motions added to the Order Paper, they are ready to devote the day to one of the two politically charged controversies that are currently making headlines and harassing Team Trudeau.

The first, which stands in the name of Conservative House Leader Candice Bergen, would like the House to ask Prime Minister Justin Trudeau to “fire” his longtime chief of staff, Katie Telford, “For failing to inform him of a serious allegation of sexual harassment at the highest levels of the Canadian Armed Forces and for being complicit in keeping the truth from Canadians.”

The motion comes as Tory MPs are pushing for Telford to be called to testify before the House Defense Committee for cross-examination on what exactly she knew about previous allegations of sexual misconduct against the Leader of the then Defense Staff Jonathan Vance. The move prompted Liberal committee members to ignore the clock at Friday’s meeting, temporarily preventing the bill from being votable, thanks to opposition support at the proposal their party was virtually guaranteed to lose.

The committee is scheduled to meet again on Monday afternoon, when the debate will theoretically resume. According to the latest notice, however, the meeting itself will take place in camera.

It is interesting to note that, even if the Conservatives decide to act on the motion on Tuesday and manage to convince the Bloc Québécois and the New Democrats to support it, it still would not bind the Prime Minister.

Meanwhile, a second motion now on the shortlist for Tuesday’s debate would give the Conservatives a full day to castigate the Liberals for the last-minute change to their proposal to overhaul the broadcasting regime: in particular, remove the exemption. proposed for social media, a move that sparked widespread outrage among free speech advocates and others.

If passed, the motion would cause the House to formally state that “the government’s plan to give itself sweeping new powers to regulate, censor and block social media users without effective legal protections or guarantees poses a significant threat to the law. freedom of expression for all Canadians.

However, the motion was not mentioned in that the government would not have been able to make the change in committee without the support of at least one other party. In this case, both the Bloc and the New Democrats supported the decision to change the text because they feared creating a loophole that could allow broadcasters with large audiences to evade the Canadian content rules and to disregard Canadian content rules. other broadcasting protocols.

As for the bill itself, it is still being examined clause by clause in the Canadian Heritage Committee, the next meeting being scheduled for Monday morning.

As iPolitics reported last week, the motion’s sponsor, Conservative women’s critic Rachael Harder, also launched a separate attempt to force the government to table an updated Charter statement for the bill. , on the grounds that removing the social media exemption constitutes a substantial amendment to the bill.

In any case, the Conservatives have until Monday afternoon to decide which motion to present on Tuesday. This could result in both motions being bypassed, at least for the time being, in favor of a motion already notified.

Alternatively, they could choose to go with a third new addition sponsored by the party’s foreign affairs spokesman Michael Chong, who would ask the House to “condemn Iran’s election to the United Nations Commission. on the status of women ”, which would probably be the case. thanks to everyone’s support.

Also on the House and Senate committee circuits:

HEALTH Members continue their in-depth investigation into the “emergency facing Canadians” due to the ongoing pandemic, with testimony from expert medical and public health experts, including representatives of the Canadian Cardiovascular Society, the Canadian Public Health Association, the Nunavut Department of Health, as good as Timothy Evans, Executive Director of the COVID-19 Immunity Working Group, Gregory Marchildon, University of Toronto Health Policy Research Chair, and Amir Attaran, professor at the University of Ottawa. (Monday AM)

More than INDUSTRY, MEPs will focus on the possible “economic recovery” in back-to-back roundtables with representatives from Canadians for Tax Fairness, Clean Energy Canada, Enerkem, Whitecap Resources Inc., as good as Robert Lyman, Director of the ENTRANS Policy Research Group and the League of the Wilds. (Tuesday afternoon)

Meanwhile, FINANCE Members are still going through the fine print of billions of dollars in COVID-related spending. They also monitor ‘related monetary policy’, with representatives of the Canada Mortgage and Housing Corporation, Generation squeezeand an international housing advocacy group The passage on the witness list this week. (Tuesday afternoon)

FOREIGN AFFAIRS members to receive briefing on ‘current situation’ from Russian anti-corruption crusader and outspoken critic of Putin Alexei Navalny, courtesy of his chief of staff, Leonid Volklov, which will review the latest developments in the ongoing imprisonment of Navalny and the The recent Kremlin decision to declare its organization “extremist”. (Thursday afternoon)

Deputies on the INTERNATIONAL HUMAN RIGHTS SUB-COMMITTEE will also receive an update on the situation in Hong Kong and the Philippines. (Tuesday afternoon)

The main committee has also scheduled another two-hour session to explore arms exports to Turkey, which will include testimony from the Turkish Canadian Business Council, as good as Canadian Association of Defense and Security Industries, the Aerospace Industries Association of Canada, and the Canadian Chamber of Commerce. (Tuesday afternoon)

Finally, the CANADA-CHINA RELATIONS COMMITTEE will hear from two former senior security officials – just once national security adviser Richard Fadden and Ward elcock, who led the Canadian Security Intelligence Service (CSIS) – as good as Justin Li, Director of the National Capital Confucius Institute for Culture, Language and Business, and the director emeritus of the Chinese Institute of the University of Alberta. (Monday PM)

On the Senate side:

  • NATIONAL FINANCE has blocked two days to view the latest estimates. (Monday / Tuesday morning)
  • Governor of the Bank of Canada Tiff Macklem Head towards BANKING, TRADE AND COMMERCE to discuss the latest monetary policy report. (Wednesday afternoon)
  • FOREIGN AFFAIRS AND INTERNATIONAL TRADE members will ask questions Minister of International Affairs Karina Gould on Canada’s “international response” to the pandemic, with representatives from Oxfam-Quebec and CARE Canada also on deck to testify. (Thursday morning)
  • While the bill itself awaits second reading approval, INDIGENOUS AFFAIRS launch a pre-study of the government’s candidacy to implement the United Nations Declaration on the Rights of Indigenous Peoples, starting with a joint appearance of Minister of Justice David Lametti and Carolyn Bennett, Minister of Crown-Indigenous Relations. (Friday morning)

On a walk on the ministerial hustings:

Minister of Infrastructure Catherine McKenna Launches Back-to-Back Funding Disclosures With In-Person Appearance at Montreal Headquarters Library and National Archives of Quebec. Alongside his cabinet colleague and regional deputy Marc Miller and Minister of Education of Quebec, Isabelle Charest, it will present new federal support for “the region’s recreational and sports infrastructure”. (Monday AM)

Later in the morning, she will team up with Mayor of Ottawa Jim Watson and representatives of Community Foundation of Ottawa and the Plants Pool Recreation Association to highlight the funding of the city’s seniors. (Monday AM)

Meanwhile, Minister of Seniors Deb Schulte Will “share highlights” from his government’s latest budget and recap his efforts to help seniors during the pandemic, in a virtual meeting with members of Canadian Association of Retired Persons (CARP). (Monday PM)

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