21 Jan

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CR IP TI ON BS SU

MONDAY, JANUARY 21, 2013

Kim Dotcom launches successor to Megaupload

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Djokovic keeps dream alive as Sharapova shatters record

Donaldson overtakes Rose to win in Abu Dhabi

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www.kuwaittimes.net

RABI ALAWAL 9, 1434 AH

Ice-cool Spurs hold United as Chelsea down Arsenal

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MPs up in arms as govt sticks to guns on debt MPs table ‘racist’ electoral bill • Oppn announces new protest

By B Izzak KUWAIT: MPs yesterday launched a furious attack against Finance Minister Mustafa AlShamali after he informed a crucial meeting that discussed a debt relief scheme that the government will not accept any of the proposed schemes and will stick to the debt relief fund it established several years ago. Shamali made the statements after he met with members of the financial and economic affairs committee with high hopes the government will accept a compromise on the highly controversial issue. Rapporteur of the committee MP Safa AlHashem said after the meeting that the government explained the financial cost of the proposals which call for the government to purchase all bank loans owned by Kuwaiti

citizens, drop all interest and then reschedule their repayment over several years. In a previous meeting, the Central Bank informed the committee that the value of interest on the loans is around KD 1.7 billion. Hashem said that the government did not even come with a compromise on the issue despite the fact that the problem of debt was essentially caused by the government for failing to observe strict supervision over local banks. She said that the committee will next week vote on a comprehensive draft law and submit it to the National Assembly for voting despite the government’s rejection. MP Khaled Al-Shulaimi said that the issue has the support of 42 MPs who will vote to support the proposed solution and enforce the law on the government, which has the right to reject any law even after it is passed

Kuwait’s China investment quota boosted to $1bn KUWAIT: China’s foreign exchange regulator has increased the amount which Kuwait’s sovereign wealth fund can invest directly in the Chinese securities markets to $1 billion, state news agency KUNA reported yesterday. The regulator awarded Kuwait an additional $700 million quota on top of $300 million awarded in March last year, KUNA said. Kuwait said last year that it was seeking a maximum quota of $1 billion. The quota allows the fund to buy yuan-denominated stocks and bonds. Only five other foreign investors in China have quotas as large as $1 billion, according to Reuters records; they are Qatar Holding, the Hong Kong Monetary Authority, Norway’s Norges Bank, Government of Singapore Investment Corp, and Singapore-based investment firm Temasek Fullerton. Until last month, the maximum quota for any QFII investor was $1 billion, but the foreign exchange regulator has now said funds can apply to invest over that amount. Kuwait, one of OPEC’s top crude oil exporters, has a sovereign wealth fund managing assets well in excess of $300 billion. The fund said last October that its investments in greater China, including Hong Kong, had grown to $15 billion, KUNA said. While Gulf funds have historically preferred to invest in Europe, many are expected to boost investment in Asia as growth in the West slows and commercial ties deepen between the regions.— Reuters

Assad’s mother moves to Dubai DUBAI: Anisa Makhlouf, the mother of President Bashar Al-Assad, has left the war-torn country and joined her daughter in Dubai, Syrian expatriates in the United Arab Emirates and an activist said yesterday. Makhlouf has been living next to her daughter, Bushra, the only sister of Assad, in Dubai since around 10 days, Syrian expatriates told AFP. Bushra’s husband General Assef Shawkat, an army deputy chief of staff, was killed along with three other high-ranking Syrian officials in a July 18 bombing at the National Security headquarters in Damascus. In September, Syrian residents in the Gulf emirate said that Bushra had enrolled her five children at a private school in Dubai where she had moved. Makhlouf’s “departure from Syria is another indication of Assad losing support even from within his family,” said Ayman Abdel Nour, head of the newly-formed group Syrian Christians for Democracy and editor-inchief of opposition news website all4syria.com. Analysts say that Assad is increasingly relying on the tightly-knit circle surrounding him, which includes Maher, his only brother still alive and who commands the army’s notorious Fourth Brigade. Assad’s two other brothers Bassel and Majd are dead. The embattled president also relies on relatives from his mother’s side, analysts say. — AFP

by the Assembly. MP Askar Al-Enezi said he and a number of MPs will submit a request calling to hold a special Assembly session to debate the issue and pass the debt relief law. Shiite MP Hussein Al-Qallaf warned that Shamali’s stubbornness will cause the present government to collapse and “this will be followed by more dangerous events”. He explained that Shamali’s action will force the people to go to the opposition in order to obtain their rights, adding that if the government does not understand this, “then it deserves what it will get”. Qallaf said that the opposition is trying to “fish in troubled waters” and is waiting for an opportunity to exploit and the issue of debt relief is the best opportunity for them. Five MPs meanwhile submitted a draft law calling to amend the electoral law and stipu-

Troops advance on Mali’s Islamist north

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lating that “original Kuwaitis whose forefathers lived in Kuwait before 1920 are allowed to contest the parliamentary election”. The unprecedented draft law was signed by MPs Abdulhameed Dashti, Nabeel Al-Fadhl, Hashem, Qallaf and Nasser Al-Shimmari, who later withdrew, describing the bill as “racist”. The draft law clearly targets bedouin tribesmen, a majority of whom came to Kuwait in the past 40 years and very few of them had their forefathers in the country before 1920. The opposition meanwhile announced on its Twitter account yesterday that the next demonstration will be held today in Sabahiya to demand the dissolution of the Assembly and the scrapping the controversial amendment to the electoral constituency law. Organizers did not provide the time or location of the demonstration, the seventh in the

Max 22º Min 09º High Tide 07:59 & 20:29 Low Tide 01:31 & 12:31

series of the so-called Karamat Watan (Dignity of a Nation) rallies. The opposition also appears headed to take their grievances to the outside world after it was reported that it has formed a four-member team to explore the possibility and initiate contacts with international human rights organization in addition to a number of official bodies. MP Fadhl meanwhile submitted a proposal to amend the trials law to stiffen penalties against illegal protests and to treat such crimes like murder and that the public prosecution must complete the investigation on them within two months. The Assembly’s human rights panel yesterday said the government will soon submit a study on the issue of sponsorship for expatriates in the country, which has been repeatedly criticized by many quarters in the world.

US rallies assail Obama gun curbs

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Obama sworn in for second term WASHINGTON: US President Barack Obama took the oath of office yesterday to begin a second term threatened by strife at home and abroad and amid inaugural rituals lacking the hope and historic promise of 2009. Obama, with a slight smile, took the oath at an intimate, private ceremony in the Blue Room of the White House lasting less than a minute, raising his right arm and placing his left hand on a family Bible. The president solemnly swore to “faithfully execute the office of President of the United States” and to “preserve, protect and defend the Constitution of the United States, so help me God”. Chief Justice Roberts, who stumbled when swearing in Obama to open his first term in 2009, read each line of the oath out loud, before the president repeated words first intoned by George Washington, 224 years ago. After a ceremony lasting less than a minute, Obama hugged his wife, and children Malia, 14 and Sasha, 11 before quipping: “I did it” to his youngest daughter. Obama will take the oath of office for a second time at a time-honored outdoor public ceremony at the US Capitol today. Vice President Joe Biden was sworn in before his boss at an early morning ceremony at his official residence, before the two laid a wreath at the Tomb of the Unknowns at Arlington National Ceremony. Supreme Court Justice Sonia Sotomayor - picked by Obama to be the first Hispanic judge to sit on the top court in his first term - made her own slice of history by leading Biden as he took the oath. As his first term waned, Obama worshipped at a prominent African American church in Washington, where the Reverend Ronald Braxton adapted the “Forward” motto of the president’s re-election campaign to the story of Moses. “Forward was the only option,” said Braxton. Obama, 51, will embark on a second term at a time of deep partisan division in Washington, and will face foreign crises testing his legacy, including Iran’s nuclear program and resurgent Islamist militancy in North Africa. Senior aide David Plouffe said the president would use his second inaugural address before an expected 500,000 plus crowd - much smaller than in 2009 — to stress the national truths Americans share. “He is going to talk about how our founding principles and values can still guide us in today’s modern and changing world,” Plouffe said on the ABC News show “This Week”. “He is going to say that our political system does not require us to resolve all of our differences or settle all of our disputes, but it is absolutely imperative that our leaders try and seek common ground.” Continued on Page 13

WASHINGTON: US President Barack Obama is officially sworn in by Chief Justice John Roberts in the Blue Room of the White House during the 57th presidential inauguration yesterday as First Lady Michelle Obama holds the Robinson family Bible. —AP

Iran hangs 2 men for attack posted online

TEHRAN: Iranian policemen prepare to hang Mohammad Ali Sarvari yesterday. — AP

DUBAI: Iran hanged two men yesterday for their role in an assault that was filmed and posted on YouTube, the Iranian Students’ News Agency (ISNA) reported. A 37-second video posted on YouTube in December and later shown on Iranian state television showed four masked men approaching the victim on motorcycles, and then two of them assaulting him, taking his bag and jacket. One of the attackers appeared to be wielding a long knife or machete. The attack prompted public outrage, and officials vowed to punish those responsible. Alireza Mafiha and Mohammad Ali Sarvari were hanged early yesterday in the Iranian capital, Tehran, according to ISNA. They were

convicted of “moharebe”, or waging war against God, which under Iran’s interpretation of Islamic law is punishable by death. Their sentence was issued by a Revolutionary Court in late December, ISNA said. “The issue of security for our people is more important even than daily bread,” said Sadeq Larijani, head of Iran’s judiciary, in December. Two accomplices were sentenced to 10 years in prison and 74 lashes, ISNA reported. It added nearly 300 people witnessed the hangings. Iran carries out one of the world’s highest number of annual executions, according to rights group Amnesty International, which has called on the Islamic Republic to commute death sentences. — Agencies

Jihadist claims siege for Qaeda 5 kidnappers captured ALGIERS/IN AMENAS: A veteran Islamist fighter claimed responsibility on behalf of Al-Qaeda for the Algerian hostage crisis, a regional website reported yesterday, tying the bloody desert siege to France’s intervention across the Sahara in Mali. Algerian troops meanwhile captured five kidnappers and found the bodies of 25 captives yesterday at a gas plant deep in the Sahara, reports said, as a minister warned the toll from a hostage crisis may rise. Western governments whose citizens died nevertheless held back from criticising tactics used by their ally in the struggle with Islamists across the vast desert. Continued on Page 13


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