English हिन्दी
Connect with us

Latest world news

FATF gives Pakistan time till October to act against terror, India says it expects compliance

Published

on

FATF

[vc_row][vc_column][vc_column_text]

India said today (Saturday, June 22) it expected Pakistan to “take all necessary steps to effectively implement the FATF action plan”, a day after the Financial Action Task Force (FATF) issued a strong warning to Pakistan, stating that the country could be blacklisted unless it fulfils an internationally agreed action plan against UN-designated terrorists operating on its soil by October.

“We expect Pakistan to take all necessary steps to effectively implement the FATF Action Plan fully within the remaining time frame i.e. by September 2019 in accordance with its political commitment to the FATF & take credible, verifiable, irreversible and sustainable measures to address global concerns related to terrorism and terrorist financing emanating from any territory under its control,” the Ministry of External Affairs said in a statement, PTI reported.

Ministry of External Affairs Spokesperson Raveesh Kumar said the FATF has decided to continue to keep Pakistan on its compliance document  (i.e. Grey List) for the International Cooperation Review Group (ICRG) monitoring for its failure to complete the action plan items due in January and May 2019.

The FATF had said it was concerned that Pakistan had failed to complete the action plan first by a January deadline and then again by a May deadline.

“The FATF strongly urges Pakistan to swiftly complete its action plan by October 2019 when the last set of action plan items are set to expire. Otherwise, the FATF will decide the next step at that time for insufficient progress,” it said after a meeting in Orlando, Florida held from June 16-21.

If it is blacklisted by the FATF, Pakistan stands the risk of facing global sanctions.

Pakistan is on FATF’s “Grey List” of countries with inadequate controls over curbing money-laundering and terrorism financing. Media reports citing sources in the US said that prominent countries such as the US, UK and France, along with India, have expressed reservations about Pakistan’s commitment to stick to standards set by FATF on terror funding. The countries have raised the issue of Pakistan not having filed a single FIR against UN-designated terrorists Hafiz Saeed and Masood Azhar and its inability to begin investigations on the source of funding of their organisations, the sources said.

They pointed out that its anti-terror law still remains out of sync with standards set by the international body. “It’s a serious anomaly that Pakistan’s anti-terror law still remains out of sync with FATF standards and also the latest UN resolution 2462, which calls for criminalising terrorist financing. We have pointed this out regularly at plenary sessions,”said NDTV quoting a senior officer of external affairs ministry.

Pakistan is lobbying to get itself out of the Grey List, which has put tremendous financial pressure on the nation as it would face an estimated annual loss of $10 billion if it stays in it; and if blacklisted, its already fragile economy will be dealt a powerful blow. Its $6 billion loan agreement with the International Monetary Fund (IMF) could be threatened. The IMF has asked Pakistan to show commitment against money laundering and terror financing.

India, a voting member of the FATF and APG, has been pushing for Pakistan to be put in the FATF Black List for its failure to contain terrorism. However, it was not part of the group that moved the resolution to greylist Pakistan last year in Paris.

Also Read: Ranveer Singh gets legal notice from The Beast Incarnate- Brock Lesnar

At the October plenary in Paris Pakistan will need 15 countries to support it to stay out of the greylist. China will take over the presidency of FATF which is being seen in Pakistan as a positive sign that it could help Islamabad to stay out of the greylist. The current plenary reviewed Pakistan’s actions and urged it to complete its commitments – Pakistan has not moved on 25 out of 27 action plans determined for it in October 2018.

In the run-up to the current plenary, China had quietly lobbied to not include Pakistan in the public statement, reported The Times of India (TOI). In this, Beijing was supported by the Turkey, Malaysia and GCC countries including Saudi Arabia. They wanted Pakistan to be spared the humiliation of a public statement. On the other hand, the four countries who originally named Pakistan in the greylist last year – US, UK, Germany and France – have said they want “sustained and irreversible” action against its terror infrastructure. In the end, everybody signed on to the statement.[/vc_column_text][/vc_column][/vc_row]

Latest world news

China halts Boeing jet deliveries amid trade war with US

This halt in Boeing deliveries could have significant repercussions for both China’s aviation industry and the American aerospace sector.

Published

on

In a significant escalation of trade tensions between China and the United States, Beijing has directed its airlines to stop receiving aircraft from American aerospace manufacturer Boeing, according to a report released on Tuesday.

Additionally, Chinese authorities have ordered their carriers to cease purchasing aircraft-related equipment and components from U.S. companies.

This development, initially reported by Bloomberg News, comes amid rising tensions in the ongoing trade conflict between Washington and Beijing, which began following the introduction of “reciprocal tariffs” under former President Donald Trump.

Since Trump took office in January, the two largest economies in the world have engaged in a reciprocal trade war, with the U.S. imposing tariffs as high as 145 percent on certain Chinese imports.

In retaliation, Beijing has described Washington’s actions as illegal “bullying” and has implemented counter-tariffs of 125 percent on American goods, claiming that further tax increases would be futile.

The recent Chinese government order to suspend Boeing deliveries, affecting both state-owned and private airlines, is interpreted as part of China’s broader strategy to address the U.S. tariffs.

This halt in Boeing deliveries could have significant repercussions for both China’s aviation industry and the American aerospace sector.

On the same day, China emphasized its commitment to forging stronger trade relationships, with the foreign ministry stating its preference for cooperation over conflict. Lin Jian, a spokesperson for the foreign ministry, remarked during a briefing that China aims to “tear down walls” and foster connections instead of creating barriers.

Meanwhile, the World Trade Organization has cautioned that the intense trade dispute between the two nations could lead to an 80% reduction in goods shipments between them and could severely impact global economic growth.

Continue Reading

Latest world news

Barack Obama backs Harvard University after Trump freezes $2.3 billion funding, says attempt to stifle academic freedom

The demands also called for banning face coverings—viewed as targeting pro-Palestinian protesters—and dismantling the university’s diversity, equity, and inclusion (DEI) programs, which the government criticized as fostering “simplistic racial stereotypes.”

Published

on

Former United States President Barack Obama on Tuesday lauded Harvard University for resisting the Trump administration’s decision to withhold $2.3 billion in federal funding after the institution rejected a series of White House demands. Calling Harvard’s stance a beacon for other colleges, Obama praised its commitment to academic freedom amid intensifying political pressure.

Harvard President Alan Garber firmly rebuffed the administration’s conditions, which included overhauling admissions to prioritize “merit-based” criteria, curbing student activism, auditing diversity initiatives, and derecognizing certain student groups. The demands also called for banning face coverings—viewed as targeting pro-Palestinian protesters—and dismantling the university’s diversity, equity, and inclusion (DEI) programs, which the government criticized as fostering “simplistic racial stereotypes.”

“Harvard’s rejection of this heavy-handed attempt to undermine academic freedom sets a powerful example for higher education,” Obama wrote on X, commending the university for fostering “intellectual rigor, open debate, and mutual respect.”

The clash escalated after the Department of Education’s antisemitism task force accused Harvard of neglecting civil rights laws and fostering an “entitlement mindset” while failing to protect Jewish students amid campus disruptions.

The White House argued that elite universities, flush with federal funds, have tolerated unrest tied to pro-Palestinian protests since Israel’s war in Gaza began, with some demonstrations accused of endorsing Hamas—a group the US labels a terrorist organization following its October 7 attack on Israel.

Garber, in a defiant open letter, declared, “No government, regardless of party, has the right to dictate what private universities teach, who they admit or hire, or what research they pursue.” Hours later, the Trump administration froze $2.3 billion in funding, marking a dramatic escalation in its campaign to reshape higher education.

Harvard’s stand makes it the first major US university to openly challenge such federal directives, which also urged cooperation with immigration authorities and the withdrawal of support for student groups linked to violence or harassment. The university’s endowment, valued at over $50 billion, may cushion the financial blow, but the standoff signals deeper tensions over campus autonomy.

Continue Reading

India News

Russian missile strike on religious holiday kills 21 in Sumy, President Zelenskiy condemns Palm Sunday attack

A Russian missile attack on Ukraine’s Sumy killed 21 people and injured 83 on Palm Sunday, prompting President Zelenskiy to urge strong global action against Moscow.

Published

on

Sunday Palm Attack, Zelensky condemns

At least 21 people were killed and 83 others wounded in a Russian ballistic missile strike on the northern Ukrainian city of Sumy on Sunday morning, in what has been described as one of the deadliest attacks on Ukraine this year. The strike hit a bustling area of the city, with victims found on the streets, in public transport, vehicles, and buildings, Ukrainian officials said.

The timing of the attack – on Palm Sunday, a significant Christian religious day – has added to the outrage. Ukrainian President Volodymyr Zelenskiy denounced the strike, calling for a strong international response and labeling it an act of terror.

“Only scoundrels can act like this. Taking the lives of ordinary people… on a day when people go to church: Palm Sunday,” Zelenskiy posted on social media, along with harrowing footage showing bodies lying on the street, a destroyed bus, and charred vehicles.

Civilian destruction called ‘deliberate’

Ukraine’s Interior Minister Ihor Klymenko said the missile strike deliberately targeted civilians during a religious feast day. “Deliberate destruction of civilians on an important church feast day,” Klymenko wrote. He confirmed that the victims included people on foot, traveling in public transport, in private vehicles, and inside buildings at the time of the impact.

The strike triggered an outpouring of grief and condemnation across Ukraine and the international community.

US envoy visit sparks fresh scrutiny

The missile attack came just two days after U.S. envoy Steve Witkoff, a special representative of former President Donald Trump, held talks with Russian President Vladimir Putin in St. Petersburg as part of an effort to negotiate a peace deal. The timing of the Sumy strike has drawn criticism from Ukrainian officials, with Andriy Kovalenko, head of Ukraine’s Centre for Countering Disinformation, accusing Russia of “building diplomacy around strikes on civilians.”

“Russia is building all this so-called diplomacy… around strikes on civilians,” he posted on Telegram.

Zelenskiy reiterated his demand for stronger U.S. and European action, stating that missile strikes and aerial bombs cannot be stopped by talks alone. “Russia wants exactly this kind of terror and is dragging out this war. Without pressure on the aggressor, peace is impossible,” he warned.

War continues despite ceasefire talk

The missile strike on Sumy underscores the ongoing intensity of the war, which began with Russia’s full-scale invasion in February 2022. Russia currently occupies around 20% of Ukraine’s territory in the east and south. Although both nations agreed last month to avoid strikes on each other’s energy infrastructure, Russia claimed on Saturday that Ukraine carried out five attacks on its energy facilities – calling it a violation of the U.S.-brokered moratorium.

Ukraine, however, maintains that it is Russia that has repeatedly breached the pause with continued drone and missile strikes on Ukrainian civilian areas.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com