Daily Archives: December 1, 2017

Trump admin rejects China's bid for market economy status

WASHINGTON: The Trump administration has confirmed it rejects China’s bid to be considered a market economy in the World Trade Organization, making it subject to more onerous trade penalties.

In a 41-page legal document presented to the WTO, the US Trade Representative defended its right to consider China a non-market economy when ruling on how to handle a flood of cheap imports from the manufacturing behemoth and protect domestic industry.

The European Union and Japan, among others, also reject China’s bid for recognition as a market economy in the WTO. The recognition was expected to kick in a year ago, 15 years after China joined the trade body.

The US position was presented in support of the European Union in a WTO dispute with China over the issue.

An outraged Beijing called the analysis a “serious distortion of the actual situation in China.”

“China urges the United States to earnestly fulfill its international obligations and take practical actions to correct its wrongdoings,” China’s Ministry of Commerce said, warning that “China will take the necessary measures to safeguard the legitimate rights” in the WTO.

The Trump administration position continues the stance maintained by the Obama administration, which said China’s state-directed economy had not made the reforms necessary to operate on market principles.

The distinction is important, since governments use prices in third countries rather than those prevailing in China in cases brought by trading partners to protect domestic industries from Chinese products being dumped at prices below the cost of production.

“The evidence is overwhelming that WTO Members have not surrendered their longstanding rights … to reject prices or costs that are not determined under market economy conditions,” when deciding on anti-dumping cases, the USTR report said.

It argued that the agreement with China when it joined the WTO specified that if market economy conditions “do not prevail in China or in the industry or sector under investigation, then ‘comparable’ prices or costs do not exist for purposes of the dumping comparison.”

Jamshedpur play another goalless draw, this time against ATK

Jamshedpur FC played out their third goalless draw in a row, this time against defending champions ATK at home in the Indian Super League on Friday.

Need to focus on converting chances: Manpreet Singh

Indian hockey team impressed with their quick counterattacking play in their Hockey World League Final opener against defending champions Australia on Friday.

Spain and Portugal drawn in same 2018 World Cup group

The 2010 World Cup winners Spain were placed in the same group as Cristiano Ronaldo’s European Champions Portugal in an exciting draw for the 2018 tournament in Russia on Friday.

Shiva Keshavan wins gold in Asian Luge Championships

India’s veteran Winter Olympian Shiva Keshavan on Friday won a gold medal at the Asian Luge Championships at Altenberg, Germany. The sole Indian participant and defending Asian champion retained his title with a time of 55.60 seconds.

Hockey World League Final: India, Australia play out 1-1 draw

India played out a 1-1 draw with defending champions Australia in their Odisha Hockey World League Final opener on Friday. The Indians made a sparkling start with an early incursion in to the Australian half, catching the opponent defence by surprise.

Syrian Kurds hold local elections

QAMISHLI: Kurdish-led authorities held local elections on Friday in the swathes of northern Syria they seized with US help, pushing ahead with autonomy plans opposed by both Turkey and Damascus.

Kurdish forces and their political allies now hold the largest part of Syria outside the control of President Bashar al-Assad‘s government. They have captured vast territory from Islamic State with the support of US arms, jets and ground advisers, although Washington opposes their autonomy drive.

Kurdish leaders say their goal is to establish self-rule within Syria, not secession. But their influence has infuriated Ankara, which considers the Kurdish YPG militia to be an offshoot of the banned Kurdistan Workers’ Party (PKK) that has run a decades-long insurgency in Turkey.

Assad has vowed to recover every inch of the country, as his territorial grip expanded rapidly over the past two years with help from Russia and Iran. Damascus has more forcefully asserted its claim to territory held by Kurdish-led forces in recent months.

Since Syria’s conflict began more than six years ago, the dominant Kurdish parties have been left out of international diplomacy in line with Turkish wishes. They were excluded again from UN-led peace talks which reconvened in Geneva this week.

Hadiya Yousef, a senior Kurdish politician, said the Kurdish-led administration would not be bound by decisions taken in its absence.

“We are not present in these meetings, and therefore we are developing the solution on the ground,” Yousef told Reuters. Peace talks would not “arrive at solutions” so long as they do not involve those running 30 percent of the country, she added.

Voters are picking from close to 6,000 candidates for town and city councils on Friday, the second part of a three-stage process that will culminate in electing a parliament early next year. They chose representatives for smaller-scale district councils in September.

“Everyone should take part (in the election) because this is the fate of the entire region,” said Sheikhmous Qamishlo, a 65-year-old Syrian Kurd at a polling station in Qamishli.

“This is a new experience, we wish it success,” he said, and described casting his vote as a “national duty”.

The election was being monitored by a small group of politicians from other countries in the Middle East, Yousef said, including a member of the Kurdistan Democratic Party which runs the autonomous Kurdish region in neighbouring Iraq.

Yousef said the Iraqi Kurdish official’s presence was “a kind of recognition” of the Syrian Kurdish political project. The Iraqi Kurdish authorities, whose own plans for independence were met with a swift backlash from states in the region in the past two months, have previously been hostile to the Syrian Kurdish parties.

12 killed, 32 injured in terrorist attack in Pakistan

PESHAWAR: Three burqa-clad Taliban militants on Friday stormed an agriculture training institute in Pakistan‘s northwestern city of Peshawar and opened indiscriminate fire, killing at least 12 people, half of them students, before being shot dead by security forces.

The heavily-armed militants, who arrived on an auto rickshaw, attacked the students’ hostel of the Directorate of Agriculture Extension on the University Road in the city, the capital of the restive Khyber-Pakhtunkhwa province.

The institute was closed for the Eid-e-Milad holiday, but about 70 students were present in the hostel.

The militants stormed the building by firing automatic weapons, creating panic, officials said.

The Tehreek-i-Taliban Pakistan claimed responsibility for the attack.

Police chief of Khyber Pakhtunkhwa province Salahuddin Mehsud said 12 people including six students, a security guard and five civilians, were killed and 32 others injured in the attack.

Aerial surveillance of the operation was carried out by the army aviation division whereas armoured vehicles of security forces were also called on site.

He said three terrorists were killed by security forces after a gunfight which lasted for an hour. Police are trying to ascertain the identity of a dead person.

Bullets holes in building walls, broken glass scattered and blood stains could be seen on TV footage.

A huge cache of arms, including three unexploded suicide vests, 20 hand grenades, Klashnikovs have been recovered from the possession of terrorists.

A police officer and two army troops were among the injured.

Mehsud said the terrorists had links inside Afghanistan.

An eyewitness said he and his colleagues were sleeping when the firing started Geo News reported.

The eyewitness, a student, said he and his colleagues ran as fast as they could but two of them were injured in the firing.

“We took them out with us and admitted them to the hospital,” said Ariful Haq, adding that around 120 students live in the hostel but most had gone home due to the long weekend.

He added that the students who board at the premises are undertaking their diplomas in Agriculture Sciences and Veterinary Sciences.

Peshawar, close to the Afghan border, has seen some of the worst violence during the Taliban insurgency in recent years.

In 2014, a total of 147 people, including 132 schoolchildren, were massacred in one of the deadliest terrorist attacks in the country’s history when terrorists stormed the Army Public School in Peshawar Cantonment and opened indiscriminate fire.

Later, on January 20, 2016, 21 students and staff members of Bacha Khan University in Charsadda here were killed after terrorists stormed the university and opened fire.

Arjun Rampal-Harshaali Malhotra’s ‘Nastik’ to be a thought-provoking drama

Arjun Rampal is all set to kick-start the shooting of his next titled ‘Nastik’ which also stars ‘Bajrangi Bhaijaan’ fame child actor Harshaali Malhotra.

ISL 2017 Live: Jamshedpur FC vs Atletico de Kolkata


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