Pakistan fears 4th COVID-19 wave next month

A minister in Pakistan on Friday warned the country could be hit by the fourth COVID-19 wave next month, asking people to adhere to safety measures and get vaccinated.

“Reviewed the artificial intelligence based disease modeling analysis today … In the absence of strong SOP enforcement and continued strong vaccination program, the 4th wave could emerge in Pakistan in July,” tweeted Asad Umar, who leads the country’s anti-virus task force.

“Please adhere to sop’s and vaccinate as soon as possible.”

Amid a falling infection rate and an expedited vaccination drive, most of the restrictions in Pakistan have been eased.

But an apparent resistance to follow health guidelines such as wearing masks and vaccine hesitancy has led provincial governments to warn of drastic measures such as blocking cellphone connections, and withholding the salaries of government employees who are not inoculated.

Pakistan, which has obtained vaccines largely from China, has administered over 13.5 million doses so far. Anyone over 18 years old can now be vaccinated.

During the past 24 hours, the country recorded 1,052 new COVID-19 cases, bringing the caseload to 952,907. With 44 more fatalities, the death toll reached 22,152.

Source: Anadolu Agency

Pkistan stays on global watchdog FATF’s gray list

Pakistan will continue to stay on the gray list of the Financial Action Task Force (FATF), the global money-laundering watchdog announced on Friday.

Announcing the decision after a five-day virtual plenary session, FATF President Marcus Pleyer said that Islamabad has made “significant” progress on 26 points of the watchdog’s 27-point action plan for the South Asian nuclear Muslim country.

However, he added one “key issue” of the action plan still needs to be completed, which is about the investigation and prosecution of senior leaders of the UN-designated terror groups.

This is the third extension given to Islamabad since 2018. However, contrary to the past practice, no time period has been given this time. Previously, Islamabad was placed on the gray list for six months.

“Pakistan’s continued political commitment has led to significant progress,” Pleyer said.

The FATF, he added, encourages Pakistan to continue to make progress to address as soon as possible the one remaining item.

The watchdog, he went on to say, recognizes Pakistan’s progress and efforts to address the action plan.

Since February 2021, he noted, Pakistan has made progress to complete two of the three remaining action items.

He said since February 2019, Pakistan has made significant improvements in raising awareness in the private sector about Pakistan’s money-laundering risks, and developing and using financial intelligence to build cases.

However, he added, Pakistan is still failing to effectively implement the global standards across a number of areas.

This means, he opined, the risks of money laundering remain high, which in turn can fuel corruption and organized crimes.

“I want to thank the Pakistani government for its continued strong commitment to this process. And I know the authorities will continue to work to make the necessary changes,” he maintained.

– Islamabad’s steps

Islamabad has been on the global money-laundering watchdog’s radar since June 2018, when it was placed on its gray list for terrorist financing and money laundering risks after an assessment of the country’s financial system and security mechanism.

The South Asian nuclear nation has since thrice escaped being placed on the watchdog’s financial crime blacklist with the support of Turkey, China and Malaysia.

According to the FATF charter, a country must have the support of at least three member states to avoid blacklisting.

In recent years, Islamabad has taken some major steps under the plan, which include strict checks on opening of new bank accounts, and ban on foreign currency transactions without a national tax number and currency changes of up to $500 in the open currency market without the sides submitting a copy of their identification documents.

In addition to that, Pakistan has also proscribed several militant groups and seized their assets, including Jamaat ud Dawah, and Jaish-e-Mohammad (JeM) – the groups blamed for several terrorist attacks such as the 2009 deadly Mumbai attacks killing over 150 people.

Last year, an anti-terrorism court sentenced Hafiz Mohammad Saeed, the chief of the Jamaat ud Dawah (JuD), to 11 years in jail in two terror-financing cases – a development widely seen as an attempt to woo FATF members.

– Uranium seizure in India

Responding to a question about news reports of the seizure of natural uranium in India last month, Pleyer said: “I am not going to comment on something we haven’t assessed.”

The questioner asked if Pakistan is being scrutinized for terror financing, what kind of action plan is there for India to stop it from nuclear proliferation?

“I am aware of the media reports but I am not going to comment on something we haven’t assessed. The FATF assesses country’s anti-money-laundering and counter-terrorism financing frameworks and comments on the strength of their systems following an assessment,” Pleyer said.

As soon as things are clear vis-à-vis COVID-19 situation, he said, the FATF will schedule the start of the new calibration process for India.​​​​​​​

Source: Anadolu Agency

Zeljko Obradovic returns to Serbia for 2nd spell at Partizan

Zeljko Obradovic, 61, returned to Partizan on Friday for a second stint in charge at the Serbian club.

Obradovic, the most decorated manager in European basketball history, inked a three-year deal with Partizan, where started his managerial career in 1991.

The Serbian head coach lifted nine EuroLeague trophies with Partizan (1992), Joventut Badalona (1994), Real Madrid (1995), Panathinaikos (2000, 2002, 2007, 2009, 2011) and Fenerbahce (2017).

Having worked in Turkey from 2013 to 2020, Obradovic helped Fenerbahce win four Turkish league titles.

Source: Anadolu Agency

Knife attack kills 3, injures 6 in Germany

At least three people were killed and six others injured, some of them seriously, in a knife attack in Germany’s Wurzburg city on Friday, police said.

The attacker assaulted passers-by at the city’s Barbarossa Square.

Police stopped the attacker by shooting him in the leg and arrested him, according to local media.

Ambulances have arrived at the scene.

Source: Anadolu Agency

Lbya conference fails to get binding results as elections approach

The second Libya conference concluded in Berlin on Wednesday without producing the concrete and binding results needed to establish peace in Libya, experts said.

Hosted by Germany for the second time, the conference discussed Libya’s political process, national elections slated for Dec. 24, and the withdrawal of all foreign forces and mercenaries from the country with the participation of international actors.

The 58-point final declaration announced after the conference underlined that the elections scheduled for Dec. 24, 2021 “need to take place as agreed and all foreign forces and mercenaries need to be withdrawn from Libya without delay.”

Commenting on the conference and its results, a guest researcher at the Centre for Applied Turkey Studies (CATS) of the Berlin-based Institute for International and Security Affairs (SWP), Nebahat Tanriverdi Yasar said: “It’s wrong to link the progress on Libya to the first Berlin Conference in January 2020 and present it as a diplomatic victory.”

“This success attributed to the Berlin Conference, which remained a gentlemen’s agreement, complicates the determination of the conditions and vulnerabilities of the ongoing fragile cease-fire, and thus the responsibilities of the international community in peacebuilding,” Yasar said.

– Conference lacks binding targets

The final declaration of the conference has left some questions unanswered on the concrete outcomes that will guarantee that the elections are held, said Yasar, an expert on the North Africa region.

She argued that the lack of binding resolutions that would have guaranteed the emergence of tangible results was the most important deficiency of the efforts in Berlin that has remained since the first conference last year, she said.

“The conference has two prominent concrete targets,” said Yasar, with the first being that elections are held. She said, however, that elections could be used by the warring parties as a means of eliminating each other from Libyan politics and that preparations should be made for the risk of conflict.

She went on to say the second concrete target was to end foreign intervention. The withdrawal of foreign forces and mercenaries is seen as the most important stage of this.

– Withdrawal of foreign forces and mercenaries

Speaking on the role of the countries participating in the conference on foreign forces and mercenaries in Libya, Yasar said: “States like Russia and the UAE do not officially accept their relations with foreign fighters in Libya. And we expect these actors, who do not formally acknowledge their existence, to play a positive role in the withdrawal.”

Touching upon Turkey’s reservation on the clause about the withdrawal of foreign forces and mercenaries, Yasar said Ankara has objections on two main points.

First, legitimate forces training Libya’s military could not be evaluated in the same manner as mercenaries, and second, Turkey’s military presence has a legal basis because it is based on a security cooperation agreement signed between the two sovereign states, she added.

The 2019 security cooperation agreement between Turkey and Libya has been credited with helping end the civil war in the country and promoting peace and unity under the legitimate government.

“Considering that despite this objection based on legitimacy and legal responsibility, it was not evaluated under a separate heading in the final declaration of the Berlin Conference, we see that Turkey was requested to end its military presence and activities in Libya, and therefore this issue will remain on the agenda in the coming period,” she said.

– Conclusions of Berlin are ‘all theory’

According to Libyan political analyst and activist Ahmed Sewehli the conclusions of the conference are “all theory.”

It is very hard to trust the articles in the final declaration because “it says a lot of things that nobody at the conference has actually done,” Sewehli told Anadolu Agency, adding that elections are “the most recent goal of the so-called international community.”

However, the issue of accountability comes before elections, Sewehli asserted.

“Nobody has actually done anything about” holding perpetrators of war crimes and offenses considered illegal under international humanitarian law accountable, he said. “So, none of the countries have shown any kind of intent to hold to account.”

“How can we believe that those who do nothing about accountability want to do something for elections?”

Some countries participating in the Berlin Conference that are calling for election in Libya “are dictatorships, which do not allow elections in their own countries, like for example Egypt,” he asserted.

“I can’t believe that the United Arab Emirates, and Egypt, and France were in Berlin to try and do what’s best for the Libyan people,” he said adding that the goal of the first conference in January 2020 was to stop the war, but it did not.

Fighting did not come to a halt in the war-torn country until May last year, noted Sewehli, arguing that it was the “Turkish intervention as per the agreement that stopped the war, rather than the Berlin Conference.”

He went on to say: “If Turkey did not intervene, we would not have had the Berlin II.”

“Turkey is the only country which officially has forces in Libya.”

However, Russian-controlled Wagner mercenaries occupy large territories and cities in Libya, said Sewehli. The oil facilities and ports in and around the coastal city of Sirte are under Russian control, with the UAE also holding a base in the east of the country, he underlined.

The Berlin Conference “basically” asked Turkey to leave Libya because these actors deny their presence in Libya, he said adding: “It’s such an embarrassment. It is shameful.”

“This is a shame and that’s why I don’t take Berlin seriously at all. If this conference can’t name who the forces in Libya are, how can they ask them to leave?” he said.

“Clearly, Europe and the West don’t know what they want to do. They want Russia out, or do they want Turkey out? We do not want to be bombed again and again by foreign countries. The only country which came to Libya and did not bomb Libya but actually defended Libya, was Turkey,” he said.

Held under the auspices of the UN and Germany, the Berlin Conference was attended by the head of Libya’s Presidential Council Mohammed al-Menfi and Prime Minister Abdul Hamid Dbeibeh, UN Special Envoy to Libya Jan Kubis, and the foreign ministers of the participating countries, including Turkey.

Source: Anadolu Agency

UDATE – Turkey’s Borsa Istanbul down at Friday’s close

Turkey’s benchmark stock index closed at 1,391.86 points on Friday, down by 1.34% from the previous close.

Starting the day at 1,413.99 points, Borsa Istanbul’s BIST 100 index lost 18.93 points from the previous close of 1,410.79 points.

The index’s lowest value during the day was 1,391.69 points, while its daily high was 1,414.88 points.

The total market value of the BIST 100 was around 979.7 billion Turkish liras (over $113.1 billion) by market close, with a daily trading volume of 10.49 billion Turkish liras ($1.2 billion).

On the fifth and final transaction day of the week, 17 stocks on the index rose, 82 fell and one was flat compared to Thursday.

The highest trading volumes were posted by national flag carrier Turkish Airlines, private lender Garanti BBVA, and iron and steel producer Kardemir.

Stocks of chemical firm Alkim was the best performer with its shares up 4.73%, while shares of conglomerate Bera Holding saw the sharpest drop of 9.94%.

The price of one ounce of gold was $1,785.50 by market close, up from $1,784.30 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

The price of Brent crude oil was around $75.98 per barrel as of 6.53 p.m. local time (1553GMT).

Exchange Rates Thursday Friday

USD/TRY 8.7040 8.7310

EUR/TRY 10.3990 10.4510

GBP/TRY 12.1500 12.2140

Source: Anadolu Agency

African continent suffers $190B in losses due to COVID-19: AfDB

The COVID-19 pandemic has caused $190 billion in losses to the African economy, the president of the African Development Bank (AfDB) said Thursday.

Akinwumi Adesina was speaking at the AfDB 2021 Annual Meeting held online.

Adesina said the pandemic has forced 30 million people into poverty while noting that an estimated 39 million people could be poor by the end of 2021.

The AfDB had made rapid strides in African economies with the launch of a $3 billion social impact bond on global capital markets, he said.

The bank also announced a $10 billion Crisis Response Facility, Adesina said.

“We have provided $28 million to the African Centers for Disease Control and Prevention. We saved lives and livelihoods.”

He also stressed that the continent is recovering, with an average projected gross domestic product (GDP) growth of 3.4% in 2021.

Source: Anadolu Agency