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Mother Teresa Sainthood: Pope Francis Recognizes Second Miracle

A second miracle attributed to Mother Teresa has been recognized by Pope Francis, clearing the way for the Roman Catholic nun to be made a saint in 2016.

The miracle involved the inexplicable healing of a Brazilian man with multiple brain tumors, a report in the Avvenire newspaper of the Italian Catholic Bishop’s Conference said.

Mother Teresa was beatified – the first step towards sainthood – in 2003.

In 1979, she won the Nobel Peace Prize for her work with the poor.

Mother Teresa died in Calcutta, India, on September 5, 1997.

She is celebrated for her work in the slums of Indian city of Kolkata (Calcutta).

Photo Getty Images
Photo Getty Images

The Avvenire report said that she is expected to be canonized in Rome in September.

Beatification requires one miracle by the Catholic Church, while the process of becoming recognized as a saint requires proof of at least two miracles.

Mother Teresa was beatified in 2003 after Pope John Paul II accepted as authentic a miracle attributed to the nun.

Pope John Paul II judged that the curing of an Indian woman suffering from an abdominal tumor was the result of the supernatural intervention of Mother Teresa with God – a claim challenged by Indian rationalists.

Born Agnes Gonxhe Bojaxhiu in Uskup (now Skopje), Macedonia, in 1910, Mother Teresa founded the Missionaries of Charity in 1949, dedicating her life to caring for impoverished and sick people in Kolkata.

Known as the “saint of the gutter”, she earned worldwide acclaim for her efforts.

Mother Teresa and her helpers built homes for orphans, nursing homes for lepers and hospices for the terminally ill in Calcutta. Mother Teresa’s organization also engaged in aid work in other parts of the world.

The modest nun became known all over the world, and money poured in. But she was also criticized. It was alleged that dying people in the hospices were refused pain relief, whereas Mother Teresa herself accepted hospital treatment.

Mother Teresa also held a conservative view on abortion. She was regarded as a spokesperson for the Vatican.

Beijing Pollution 2015: Authorities Issue Red Alert for Second Time

Beijing authorities have issued a second pollution red alert, little more than a week after the first ever such warning.

China’s capital will see hazardous smog from December 19 until December 22, the Beijing Meteorological Service said.

Nationwide, a vast area from Xian in central China to Harbin in the north-east would also be affected, the National Meteorological Center said.

The red alert triggers restrictions on vehicle use, factories and construction work.

The government has promised to take action to address often dangerous levels of pollution.Beijing air pollution

Meteorological authorities have said that the regional smog is likely to be worse than the last red alert earlier this month, with the PM2.5 pollution level to exceed 500 micrograms per cubic meter.

The smog which hit Beijing on December 8 had peaked just below 300. Residents are encouraged to stay indoors if levels exceed that level.

The World Health Organization (WHO) recommends 25 micrograms per cubic meter as the maximum safe level.

Authorities released a map showing that heavy smog would blanket a swathe of China spanning nearly 1,200 miles, encompassing at least 12 major cities, with Beijing and nearby city Shijiazhuang heaviest hit.

The other cities would experience medium or lesser levels of smog.

The news was greeted with exasperation and worry among Chinese citizens online.

The current four-level alert system was instituted about two years ago, although the red alert had never been issued until this month.

Coal-powered industries and heating systems – in heavy use during the cold Beijing winter – are major contributors to the smog, which is made worse by weather conditions and the city’s geography.

Beijing is bordered to the south and east by industrial areas that generate pollution, and to the north and west by mountains that trap it over the city.

China still depends on coal for more than 60% of its power, despite big investments in renewable energy sources.

Earlier this month China was part of the landmark Paris climate change agreement that set a course for China, and the world, to move away from fossil fuels in the long term.

Rwanda Referendum 2015: President Paul Kagame Seeks Third Term

Rwanda is voting in a referendum on a constitutional amendment to allow President Paul Kagame to seek a third term in office.

Most voters, some 6.4 million, are eligible to vote on December 18, but around 37,000 Rwandans living overseas were able to have their say on December 17.

The change would allow Paul Kagame to potentially remain in power until 2034.

Rwandans are expected to vote overwhelmingly in favor of changing the constitution.

Paul Kagame is praised at home and abroad for bringing about development and economic growth.

However, the president’s critics accuse him of heavy-handed rule and human rights abuses.

Paul Kagame himself has said he will wait for the outcome of the referendum before making his decision on whether to run in 2017.

Rwanda’s Senate approved draft constitutional amendments last month allowing Paul Kagame to run for another seven-year term.

But the amendments also shorten the length of a term from seven to five years and maintain a two-term limit.Rwanda referendum Paul Kagame

However, those rules would not come into effect until 2024, after Paul Kagame’s third term.

Paul Kagame could then potentially run for another two five-year terms – ruling for some 40 years.

The president’s Rwanda Patriotic Front, an ethnic Tutsi rebel force, ended the 1994 genocide perpetrated by Hutu extremists.

Some 800,000 people – Tutsis and moderate Hutus – are estimated to have been killed.

Donor countries, which support the Rwandan government, have been very critical of the move to change the constitution.

The US urged Paul Kagame to step down in 2017, saying he had “an opportunity to set an example for a region in which leaders seem too tempted to view themselves as indispensable to their own countries’ trajectories”.

Paul Kagame has hit back at “other nations” for interfering in Rwanda’s internal affairs.

But the issue of African presidents seeking a third term in office has caused unrest elsewhere on the continent.

Violence has engulfed neighboring Burundi since President Pierre Nkurunziza announced in April his plans to seek a third term, in violation of a peace accord that brought an end to the country’s brutal 12-year ethnic civil war.

In September, there were major protests in the Republic of Congo as President Denis Sassou Nguesso called a referendum to approve constitutional changes allowing him to stand for a third term.

https://www.youtube.com/watch?v=OMwlR3pmnnU

Brazil Lifts WhatsApp Suspension

Brazilian Judge Xavier de Souza has ordered that a suspension of WhatsApp be lifted.

The judge said the service should be re-instated immediately.

A court had ordered the service be suspended for 48 hours on December 17 for failing to comply with a court order to provide investigators with information relating to a criminal court case.

Judge Xavier de Souza said it was “not reasonable that millions of users be affected by the inertia of the company”.

Brazilians had complained bitterly on social media about the suspension of WhatsApp, which is a hugely popular app used by many to communicate with family, friends and colleagues both inside of Brazil and abroad.

According to the TechCrunch website, 93% internet population use WhatsApp, with many young and poor Brazilians taking advantage of its free text message and internet telephone service.

Within hours of the suspension being coming into force, the hashtag #Nessas48HorasEuVou (#Inthese48hoursIwill) began trending on Twitter, with Brazilians joking about all the things they would do during the suspension.Brazil WhatsApp block

The suspension also caused anger at Facebook, which owns WhatsApp.

Mark Zuckerberg wrote on his Facebook page: “I am stunned that our efforts to protect people’s data would result in such an extreme decision by a single judge to punish every person in Brazil who uses WhatsApp.”

The suspension was ordered after WhatsApp failed to comply with a court order.

The court which ordered the suspension gave little detail, apart from saying that the order related to a criminal case.

Brazilian media said WhatsApp had been asked to provide details of communication by a suspected gang member who is alleged to have used WhatsApp to organize illegal activity.

Separately from the court case, Brazilian phone companies have urged the government to restrict the use of free voice-over-internet services offered through WhatsApp.

The phone companies argue that the rise of WhatsApp has damaged their businesses.

Meanwhile other messaging services said they had benefited from the temporary absence of WhatsApp.

One such company, Telegram, said on Twitter that more than 1.5 million Brazilian users had joined up since the court order was handed down.

https://www.youtube.com/watch?v=dXexaIdUGQo

US and Cuba Agree to Restore Regular Commercial Flights

The US and Cuba have agreed to restore regular commercial flights, in a deal that could jumpstart economic relations between the two countries.

The agreement paves the way for thousands of visitors to Cuba on a daily basis.

The deal was announced on December 17, exactly one year since President Barack Obama and his Cuban counterpart, President Raul Castro, announced a historic detente.

It is not known when the first Cuba-bound flights will take off.

The pact – the most significant business development since the presidents’ announcement one year ago – allows US airlines to negotiate with the Cuban government over commercial flight routes and schedules.

It could mean more than a dozen flights arriving into Cuba from the United States a day, officials said.

The understanding is a key development as Cuba and the US continue to negotiate over a number of issues which could ultimately see the US trade embargo lifted.

Photo AP
Photo AP

The news comes as travel between the United States and Cuba surged by over 70% in 2015, according to Reuters.

Thousands of Americans are already visiting Cuba and hotels and hostels are booked for months.

Those traveling have to do so using difficult-to-book charter flights or via third countries, and are forced to navigate an intricate web of laws in order for their travel to be legal.

The State Department reminded US citizens on December 17 that a ban on touristic travel to Cuba remains in place.

Raul Castro and Barack Obama announced the normalization of relations on December 17, 2014, after more than 50 years of hostility between the Cold War foes.

One year out, President Barack Obama is marking the anniversary by calling on the US Congress to lift the trade embargo on Cuba, releasing a statement that says, in part: “Congress can support a better life for the Cuban people by lifting an embargo that is a legacy of a failed policy.”

Since then, embassies have opened in Havana and Washington, a pilot postal program has been agreed, phone links established, environmental deals have been inked, human rights talks have started, as well as a number of other developments.

Yet much stands in the way of fully-restored relations, most notably the US-imposed trade embargo, which Republicans have strongly defended.

US and Cuba Agree to Restore Regular Commercial Flights

Christine Lagarde Faces Trial in France

IMF head Christine Lagarde is facing trial French trial for alleged negligence over a €404 million ($438 million) payment to businessman Bernard Tapie in 2008.

Christine Lagarde, 59, was finance minister in President Nicolas Sarkozy’s government at the time of the compensation award to Bernard Tapie for the sale of a company.

Bernard Tapie supported Nicolas Sarkozy in the 2007 presidential election.

Christine Lagarde’s lawyer described the court’s decision as “incomprehensible”, and said the IMF chief would appeal.

In a statement Christine Lagarde said she had “always acted in this affair in the interest of the state and in respect of the law”, AP reported.

Photo Getty Images
Photo Getty Images

Bernard Tapie was once a majority shareholder in sports goods company Adidas but sold it in 1993 in order to become a cabinet minister in Francois Mitterrand’s Socialist government.

He sued the Credit Lyonnais bank over its handling of the sale, alleging that the partly state-owned bank had defrauded him by deliberately undervaluing the company.

Bernard Lagarde’s case was later referred by Christine Lagarde to a three-member arbitration panel which awarded the compensation, causing a public outcry.

Investigators suspect he was granted a deal in return for his support of Nicolas Sarkozy.

Earlier this month, a French court ruled that Bernard Tapie was not entitled to any compensation for that sale and should pay back the €404 million with interest.

France’s Court of Justice of the Republic (CJR) decided that Christine Lagarde should be tried on the charge of “negligence by a person in position of public authority” over the compensation case, iTele TV channel and the Mediapart website reported on December 17.

A court spokesman later confirmed the decision.

If convicted, Christine Lagarde could be sentenced to one year in prison.

French media said the CJR investigation magistrates declined to follow the recommendation of another court which last year decided not to pursue the case.

“It’s incomprehensible,” Christine Lagarde’s lawyer Yves Repiquet told iTele.

“I will recommend Mrs. Lagarde appeal against this decision.”

A spokesman for France’s attorney general said Christine Lagarde would have five days to appeal, once the court decision is made public on December 18 or December 21.

Meanwhile, IMF spokesman Gerry Rice said the organization – which represents 188 member nations – “continues to express its confidence in the managing director’s ability to effectively carry out her duties”.

Christine Lagarde replaced Dominique Strauss-Kahn as IMF managing director in 2011.

Dominique Strauss-Kahn – also a former French minister – resigned following his arrest in New York on charges of assault that were later dropped.

Jose Mourinho Fired by Chelsea Seven Months after Winning Premier League

Jose Mourinho has been fired as Chelsea manager seven months after he led the team to the Premier League title.

The Portuguese had been in his second spell at Chelsea, taking charge in June 2013.

Chelsea finished eight points clear last season and won the League Cup, but has lost nine of their 16 league games so far and is 16th in the table, one point above the relegation places.

The 52-year-old’s final match was the December 14 defeat at leaders Leicester City with 2-1.

Pep Guardiola, Guus Hiddink, Juande Ramos and Brendan Rodgers have all been touted as possible successors as Blues owner Roman Abramovich begins another managerial search.

Photo Getty Images
Photo Getty Images

Chelsea issued the following statement: “Chelsea Football Club and Jose Mourinho have today parted company by mutual consent.

“All at Chelsea thank Jose for his immense contribution since he returned as manager in the summer of 2013.

“His three league titles, FA Cup, Community Shield and three League Cup wins over two spells make him the most successful manager in our 110-year history.

“But both Jose and the board agreed results have not been good enough this season and believe it is in the best interests of both parties to go our separate ways.

“The club wishes to make clear Jose leaves us on good terms and will always remain a much-loved, respected and significant figure at Chelsea.

“His legacy at Stamford Bridge and in England has long been guaranteed and he will always be warmly welcomed back to Stamford Bridge.

“The club’s focus is now on ensuring our talented squad reaches its potential.

“There will be no further comment until a new appointment is made.”

Putin Annual News Conference 2015: New Attack on Turkey over Russian Warplane Downing

Vladimir Putin has used crude language at the 11th annual news conference to launch a furious new attack on Turkey over the downing of a Russian combat jet last month.

The incident on the Syria-Turkey border was a “hostile act” but Russia was “not the country” to run away, the Russian president said.

“The Turks had decided to lick the Americans in a certain place,” he said.

There was, he said, a “creeping Islamization of Turkey that would have Ataturk rolling in his grave”.

The remark appeared to be aimed at President Recep Tayyip Erdogan, whose AKP party, with its Islamist roots, has been accused of seeking to dismantle the secular state founded by Kemal Ataturk.

Vladimir Putin is now into his third term as president since 2000, battling an economic crisis. Critics say civil liberties have been steadily eroded under his rule.

He remains one of the world’s most recognizable politicians, and has topped the list of The World’s Most Powerful People compiled by Forbes magazine for the third year running.

Russia deployed its air force to Syria in September in support of President Bashar al-Assad and has been carrying out air strikes on his opponents.

Photo Reuters
Photo Reuters

Its intervention has been heavily criticized by Turkey, the US and Gulf Arab states.

Vladimir Putin said he saw “no prospect” of ties improving with Turkey, which Russia has put under sanctions, under its current leaders.

He said Turkish officials should have picked up the phone to talk to Russia about their concerns that air strikes in Syria were hitting Turkmen rebels.

Turkey, Vladimir Putin said, had achieved nothing by shooting down the jet while Russia had bolstered its presence in Syria by deploying anti-aircraft missiles.

On America, he said Russia wanted to develop relations “irrespective” of who would become its next president.

Vladimir Putin said his country’s economic crisis had peaked.

While oil prices had fallen sharply, he said, manufacturing had shown slight growth and there was a healthy trade balance in agriculture.

“Our economy depends on oil and gas prices, we expected Brent to be worth $100 dollars per barrel, but then it was 50, but this was an optimistic prediction too, our forecasts have to be amended again,” he said.

“GDP is falling, inflation is 12.3%, incomes, investment are falling too but the peak of the economic crisis is over.”

Vladimir Putin is known for his marathon performances at his news conferences, where he frequently uses hard-hitting, colorful language.

In an interview with state TV on December 16, Kremlin spokesman Dmitry Peskov said Russia was a target in a “big information war [which] has been waged for a long time”.

In 2014, Vladimir Putin’s annual news conference lasted 3 hours and 10 minutes, while the record was set in 2008 at 4 hours 40 minutes.

On other issues raised at the news conference, President Vladimir Putin:

  • Praised Sepp Blatter and suggested the suspended head of FIFA should be awarded the Nobel Peace Prize
  • Said Russia was against doping as it “destroyed the principle of competitive sport”, and anyone found guilty should be punished
  • Denied Russian regular troops were deployed in rebel-held eastern Ukraine but said there could be “people there who were carrying out certain tasks including in the military sphere”
  • Praised his daughters, saying they lived in Russia and were “not involved in politics or business”
  • Predicted economic growth in Russia the new year of 0.7%, rising to 1.9% in 2017 and 2.4% in 2018, based on oil at $50 a barrel

WhatsApp Suspended in Brazil

A Brazil court has ordered local mobile phone companies to impose a block of the popular WhatsApp smartphone application for two days.

The court in Sao Paulo state made the order because it said WhatsApp had repeatedly failed to co-operate in a criminal investigation.

It is not clear if mobile companies will fully comply with the order.

Facebook owns the app. Mark Zuckerberg said he was “stunned” by the “extreme” ruling.

WhatsApp is reported to be the most used application in Brazil, with about 93 million users.

According to the TechCrunch website, WhatsApp is used by 93% of Brazil’s internet population and is especially popular among young people and the poor who take advantage of its free text message and internet telephone service.

It says Brazilians spend almost twice as much time on social media as Americans.

Brazilians have taken to Twitter to express their anger at the suspension but also to joke about how dependent they have become on WhatsApp.Whatsapp blocked in Brazil

WhatsApp CEO Jan Koum said he was “disappointed in the short-sighted decision to cut off access to WhatsApp, a communication tool that so many Brazilians have come to depend on, and sad to see Brazil isolate itself from the rest of the world”.

Mark Zuckerberg was also highly critical of the ruling.

He wrote on his Facebook page: “Tonight, a Brazilian judge blocked WhatsApp for more than 100 million people who rely on it in her country.

We are working hard to get this block reversed. Until then, Facebook Messenger is still active and you can use it to communicate instead.

This is a sad day for Brazil. Until today, Brazil has been an ally in creating an open internet. Brazilians have always been among the most passionate in sharing their voice online.

I am stunned that our efforts to protect people’s data would result in such an extreme decision by a single judge to punish every person in Brazil who uses WhatsApp.

We hope the Brazilian courts quickly reverse course. If you’re Brazilian, please make your voice heard and help your government reflect the will of its people.”

Brazilian media said the order to suspend the services was related to a drug trafficking trial in Sao Paulo State.

The court tried to get access to a suspect’s WhatsApp messages but the company refused to share them, Folha newspaper reported.

The court says WhatsApp failed to comply with judicial orders in July and in August.

Judge Sandra Regina Nostre Marques finally ordered the 48-hour shut-down on December 16, after finding out that WhatsApp had persisted in ignoring its rulings.

She said the suspension order was being made under terms of Brazil’s internet legislation.

The move against WhatsApp comes as Brazilian phone companies have urged the government to restrict the use of free voice-over-internet services offered through WhatsApp.

The phone companies argue that the rise of WhatsApp has damaged their businesses.

Meanwhile other messaging services say they are benefiting from the temporary absence of WhatsApp.

One such company, Telegram, said on Twitter that more than 1.5 million Brazilian users had joined up since the court order was handed down.

Europe Stock Markets Surge on Fed Interest Rate Decision

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The European stock markets have surged after the Federal Reserve increased interest rates for the first time since 2006.

The main share indexes in France, the UK and Germany’s were all up by between 1% and 3% in morning trade.

The US central bank increased the range for its benchmark interest rate to between 0.25% and 0.5%, from the previous range of 0%-0.25%.

The Fed said the rise was part of a “gradual” process to get rates back to normal after years of being near zero.

“Considerable improvement” in the jobs market spurred the Fed into action.

London’s FTSE 100 rose 1.4% to 6,146.68, while Frankfurt’s Dax jumped more than 3% and the Cac 40 in Paris was 2.5% higher.

Photo Reuters
Photo Reuters

The European stock markets were following the lead given by markets in the US and Asia.

On Wall Street, the Dow Jones closed up 224.18 points, or 1.3%, at 17,749.09, while in Japan, the benchmark Nikkei 225 closed up 1.6% at 19,353.56.

After the Fed’s decision, the dollar rose against larger major currencies. Higher rates make the US a more attractive market for deposits, meaning demand for the dollar is likely to rise.

However, sterling recovered ground lost against the dollar and was 0.3% higher against the euro to €1.3783 after positive retail sales numbers for November.

At one point £1 bought almost $1.50.

British government-issued bonds, or gilts, rose in price following the Fed decision, meaning lower yields, or income.

Benchmark ten-year gilt yields fell 0.056 percentage points to 1.89%. While the specter of higher rates is often bad for existing debt prices, analysts said investors were pleased future Fed rate rises would be “gradual” in nature.

https://www.youtube.com/watch?v=m3d_uyxPDLY

US and Cuba Negotiate on Resuming Regular Flights

The United States and Cuba have reached an understanding on resuming regular commercial flights between the two countries, Cuban and American officials said on December 16.

It is unclear when the flights would start because negotiations between the Cuban government and the US airlines could take months.

The move is a significant step nearly a year after the US and Cuba began restoring diplomatic relations.

The US reopened its embassy in Havana in August after a 54-year absence.US and Cuba to resume regular flights

A State department spokesperson said the two countries “are making progress but still negotiating” on resuming flights.

The understanding is a key development as Cuba and the US continue to negotiate over a number of issues which could ultimately see the US trade embargo lifted.

The news comes as travel between the US and Cuba surged by an estimated 50% this year.

Thousands of Americans are already visiting Cuba and hotels and hostels are booked for months.

However, those traveling have to do so using difficult to book charter flights or via third countries.

A formal agreement could mean more than a dozen flights arriving into Cuba from the US a day, officials said.

https://www.youtube.com/watch?v=BTuyd4dgUY8

China Summons US Charge D’Affaires over Taiwan Warship Deal

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China’s foreign ministry has summoned the US charge d’affaires Kaye Lee in protest after Washington announced it would sell two warships to Taiwan.

Vice-Foreign Minister Zheng Zeguang made “solemn representations” with Kaye Lee, the US charge d’affaires, the ministry said.

The arms deal, worth $1.83 billion, comes as tensions rise over China’s island-building in the South China Sea.

Taiwan expressed gratitude to Washington for helping with its defense needs.

China views Taiwan as a breakaway province which will one day be reunited with the mainland, though relations have warmed in recent weeks.

Leaders from both countries met last month for the first time since the 1949 civil war.US and Taiwan warship deal 2015

China maintains a right to use force if Taiwan attempts to gain independence.

The Chinese statement said Zheng Zenguang had told Kaye Lee at the December 16 meeting that Taiwan “is an inalienable part of China’s territory” and that it “strongly opposes the US arms sale”.

It added that the deal had “severely damaged China’s sovereignty and security interest”, and pledged to sanction the US companies involved in it.

The US said the deal, the first in four years, was consistent with its “long-standing policy on arms sales to Taiwan”.

Relations between the US and China are frayed over China’s construction of artificial islands in the disputed South China Sea.

Two decommissioned US Navy frigates, anti-tank missiles, amphibious assault vehicles, as well as surface-to-air missiles and other equipment are all included in the deal.

It will be approved in 30 days, unless Congress objects. That is thought unlikely, as there has been growing concern in the US about Taiwan’s ability to defend itself from China’s military might.

State department spokesman John Kirby said the sale was consistent with the 1979 Taiwan Relations Act, which requires the US to provide Taiwan with sufficient weaponry to defend itself, even though the US does not recognize Taiwan as a state independent of China.

The move did not need to have a negative effect on US-Chinese relations, John Kirby said, adding: “We still want to work to establish a better, more transparent, more effective relationship with China in the region.”

Argentina Announces Relaxation of Forex Controls

Argentina’s government has announced a relaxation of currency controls.

According to experts, the move is likely to weaken the local currency, peso.

President Mauricio Macri hopes the move will boost exports and spark economic growth.

Farmers in Argentina have been waiting for the currency to fall before selling stockpiles of soybeans.

The official exchange rate of 10 pesos to the US dollar is not matched by a much stronger black market rate.

Analysts expect the official rate to weaken to between 13.5 and 15.00 per dollar, in line with the black market rate.Argentina forex controls relaxation

Argentine finance minister Alfonso Prat-Gay said he accepted the rate would weaken to “close to” 14.2 to the dollar.

Alfonso Prat-Gay also said Argentina was negotiating a credit line with international banks to build a credit line of more than $5 billion to replenish the country’s international reserves.

In a press conference, Alfonso Prat-Gay said: “The old system had killed the goose that laid the golden egg by restricting the growth of the economy.”

He outlined that exchange controls would end for all businesses who would be allowed to buy as many dollars as they needed.

However, he said, for the time being, ordinary Argentines would still face restrictions on the amount of dollars they could buy a month.

In response to concerns that there could be a steep devaluation, Alfonso Prat-Gay said the central bank had been given the right to intervene if the exchange rate fell too quickly.

Argentina’s ex-President Cristina Fernandez de Kirchner used central bank reserves to prop up the peso.

But Mauricio Macri, who was elected last month and inaugurated last week, had vowed to change the policy.

Argentina has been plagued by financial volatility in recent decades with inflation running at around 25% according to private estimates.

Federal Reserve Raises Interest Rates by 0.25 Percentage Points

The Federal Reserve has announced it is raising interest rates by 0.25 percentage points.

This is the US rate’s first increase since 2006.

The move takes the range of rates banks offer to lend to each other overnight – the Federal Funds rate – to between 0.25% and 0.5%.

The move is likely to cause ripples around the world, and could increase pressure on the UK to raise rates.

It could also mean higher borrowing costs for developing economies, many of which are already seeing slow growth.

There are concerns that a rise will compound that slowdown, as higher rates in the US could strengthen the dollar, the currency in which many countries and companies borrow.

It puts US policy at odds with that in Europe, where even easier borrowing terms are being implemented.

The European Central Bank (ECB) earlier this month cut overnight deposit rates from minus 0.2% to minus 0.3% and extended a €60 billion stimulus program.

The US rate rise vote was unanimous.Fed interest rate decision December 2015

The Fed also raised its projection for its economic growth next year slightly, from 2.3% to 2.4%.

That suggests the bank does not think the rate increase will damage growth. US share markets jumped in response.

The Dow Jones went from a 50-point rise to stand up 79 points at 17,612.79 – a 0.5% gain.

Rates in the US have been at near-zero since 2008.

The Fed cited as the reasons for its action increased household spending and investment by business, along with a continued low rate of inflation.

In its statement, the committee said: “The committee judges that there has been considerable improvements in labor market conditions this year, and it is reasonably confident that inflation will rise, over the medium term, to its 2% objective.”

The Fed has said it will continue to monitor inflation and employment to determine if and when further rise are justified.

The Federal Reserve chairwoman, Janet Yellen, said the committee was confident the economy would “continue to strengthen” but it still has “room for improvement”.

Future action will depend on how the economy moves forward and will be gradual.

Janet Yellen acknowledged weakness remained in the labor market, particularly wage growth.

She warned that if the Fed had continued to delay a rate rise, it could have been forced to tighten monetary policy too quickly, something that could have led to another recession.

The Fed’s medium-term projection for the Federal Funds rate is 1.5% in 2016 and 2.5% in 2017.

The bank will not get close to normal levels of around 3.5% until 2018 when it expects the economy will be back on a solid track.

“Were the economy to disappoint, the Federal Funds rate would likely rise more slowly,” said Janet Yellen.

Janet Yellen gave little clues as to the timing of the next move, saying: “I’m not going to give you a simple formula for what we need to raise rates again.”

Stock Markets Rise Ahead of Fed Interest Rate Decision

Shares and bond markets have climbed on what is expected to be the first rise in US interest rates in nearly a decade.

The Federal Reserve is expected to announce the start of the gradual rate rise process at 19:00 GMT.

US markets opened higher, but lost ground as oil prices slumped.

A US rate rise would have global repercussions, and could adversely affect emerging economies, experts say.

The Fed is expected to raise its benchmark overnight interest rate from near zero, encouraged by a strengthening US labor market.Federal Reserve interest rate rise

Analysts have been speculating for months as to when the first rise might be, with global stock markets rising and falling as Fed rate meetings come and go.

Low interest rates have generally been helpful for stock market investors, but Fed officials have indicated the likely decision in advance, removing some of the uncertainty that investors dislike.

In London, the FTSE 100 gained 0.72% by the close of the market. Paris and Frankfurt markets made smaller gains.

Many Asian markets closed significantly higher – Japan’s Nikkei 225 gained 2.6%, and Hong Kong’s Hang Seng rebounded, rising 2%.

Markets have already priced in a US rate rise, but investors will also be looking at the Fed’s announcement to gauge the likely path of future rate rises, analysts said.

The prospect of gradual rises could bring some stability to markets, but if the Fed were to raise rates more quickly, markets may take fright, analysts said.

The World Bank warned in September that a US rate rise could increase the risks to emerging economies caused by disruptions to capital flows.

With the US offering better returns, investors may decide to move money out of emerging economies.

Foreign governments could also have to pay more for debt issued in US dollars.

Qatari Hunters Kidnapped In Iraq Desert

At least 27 Qatari hunters – including members of the ruling family – have been kidnapped by gunmen in a desert area of Iraq near the Saudi border, say police and the local governor.

The attackers were driving dozens of four-wheel drive vehicles when they swept into the hunters’ camp at dawn on December 16, officials said.

They struck near Layyah, 118 miles from regional capital, Samawa.

A wide-scale search has been launched for the attackers, police say.

The Qatari foreign ministry released a statement saying it was working with the Iraqi government “at the highest security and political levels… to find out the details of the Qatari citizens’ abduction and work on their release as soon as possible”.

The statement said they had been hunting with official Iraqi permission – though Iraq’s interior ministry accused the hunters of failing to abide by its instructions to remain inside secured areas.Qatari hunters kidnapped in Iraq

The aim of the abduction was “to achieve political and media goals”, the interior ministry said.

The remote area where the incident took place is highly tribal in nature and a Shia region.

The Shia political parties which dominate the Iraqi government are highly critical of Qatar’s role in supporting Sunni rebels in Syria – so this is bound to be a serious diplomatic incident, he says.

Two Iraqi officers providing security for the party were also taken by the gunmen but later released, officials said.

No details were provided on which members of the Qatari royal family were among those held.

Wealthy practitioners of the ancient sport of falconry from various Gulf states often travel to the area at this time of year.

The hunters had been escorted by Iraqi security forces but they decided not to engage a large number of gunmen, a police colonel from Samawa – the capital of Muthanna governorate – told Reuters.

“We are talking about at least 100 gunmen armed with light and medium weapons,” he said.

More than 12 years after the US-led invasion and occupation, Iraq is still plagued by violent crime and militant attacks.

Saint West Godparents: Kim Kardashian and Kanye West’s Choice for Godmother

Kim Kardashian and Kanye West have chosen the name of their newborn son Saint’s godmother.

“Kim and Kanye both feel that Kourtney is really perfect to be Saint’s godmother,” an insider told the Hollywood Gossip.

Photo Facebook
Photo Facebook

Kourtney Kardashian recently launched her own motherhood-oriented mobile app and is the proud mother of Mason, 5, Penelope, 3 and Reign, 1.

“Kourtney was just the obvious choice for her son. Kim really wants all of her sisters to be involved in her children’s lives,” the insider said.

Khloe Kardashian became the godmother of Kim’s first child, North, 2, when she was baptized in Jerusalem.

As for the godfather, Kim Kardashian has reportedly made her choice but has yet to reveal it to her family.

https://www.youtube.com/watch?v=CBIE0bqN_Wg

Eagles of Death Metal Announce New European Tour Dates

American rock band Eagles of Death Metal has announced the new dates of the European tour following last month’s Paris attacks.

Eagles of Death Metal were playing a gig at the Bataclan concert hall when gunmen stormed the building killing 90 people on November 13.

The band returned to Paris last week to play a song with U2 and will play the city’s Olympia Theater in February.

Jesse Hughes said: “The people of Paris have always been incredible to us… not returning to finish our set was never an option.”

Photo EODM Facebook
Photo EODM Facebook

Fans who were at the Bataclan show on November 13 will be entitled to a free ticket for the rescheduled date at the Olympia on February 16.

The Bataclan concert hall will not be open again in time for the band’s return.

In his statement, Jesse Hughes – who paid his respects outside the venue on his return to Paris earlier this month – said: “Our feeling of love towards this beautiful city and its people has been reinforced a million times over this past month.

“Hearing the stories of the survivors, the injured and those who have lost loved ones has been overwhelming. Not returning to finish our set was never an option.

“We look forward to coming back in February and continuing our mission to bring rock ‘n’ roll to the world.”

EODM wrote on the band’s Facebook page: “We are proud to announce that our rescheduled European tour — now called ‘The Nos Amis Tour’ — will begin on February 13th. And we cannot wait to see your beautiful faces.

Full details + dates here: http://eodmofficial.com/”

https://www.youtube.com/watch?v=4owoq7sKlb0

Hyeon Soo Lim: North Korea Sentences Canadian Pastor to Life Term of Hard Labor

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Canadian Christian pastor Hyeon Soo Lim has been sentenced by North Korea’s Supreme Court to a life term of hard labor for “crimes against the state”.

Hyeon Soo Lim, 60, was arrested in Pyongyang after he traveled there in January for humanitarian work.

The Toronto-based pastor, who is of South Korean origin, was shown at a news conference earlier confessing to a plot to overthrow the government and set up a “religious state”.

North Korea bans religious activity.

The authorities periodically detain foreigners for religious or missionary activity and similar cases have seen staged public confessions from prisoners.

Photo YouTube
Photo YouTube

Hyeon Soo Lim was sentenced after a 90-minute trial at the North Korean Supreme Court.

He was convicted of joining the US and South Korea in an anti-North Korea human rights “racket” and fabricating and circulating false propaganda materials tarnishing the country’s image.

The pastor was also accused of funding and helping “defectors” to escape, in some cases through Mongolia.

Hyeon Soo Lim entered and left the court in handcuffs flanked by two public security officers in uniform, the Associated Press reports.

The handcuffs were removed in court during the trial, it adds. The pastor kept his head bowed most of the time and answered questions in a subdued tone.

Hyeon Soo Lim and his colleagues traveled to Pyongyang on January 31st as part of a humanitarian mission. His family said it was to support a nursing home, nursery and orphanage.

The pastor, who heads the Light Korean Presbyterian Church, had made numerous humanitarian aid missions to North Korea for nearly two decades, the Church said.

He was detained in February and in July a KCNA report said he had given a press conference in Pyongyang where he admitted to using humanitarian work as a “guise” for “subversive plots and activities in a sinister bid to build a religious state”.

Hyeon Soo Lim also reportedly admitted to giving lectures that “North Korea should be collapsed with the love of <<God>>”, and to helping the US and South Korea to aid North Korean defectors.

https://www.youtube.com/watch?v=MVnPqaXO4lI

GOP Debate 2015: Candidates Clash over How to Stop ISIS

GOP presidential candidates sparred over how to stop ISIS, in the first debate since attacks in San Bernardino and Paris.

The national security focus yielded heated exchanges between Senators Ted Cruz and Marco Rubio who clashed on surveillance and immigration policy.

Jeb Bush also sought to revive his struggling campaign by forcefully attacking front-runner Donald Trump.

“You’re not going to be able to insult your way to the presidency,” he said.

Donald Trump was on the defensive early in the debate for his proposed ban on Muslims entering the US, saying: “We are not talking about religion, we are talking about security.”

However, the GOP debate quickly expanded to broader issues of foreign policy and national security.

The candidates repeatedly addressed heightened fears of terrorism in the US on the same day an emailed threat shut down Los Angeles’ school system.

The big question going into this last Republican debate of 2015 was how Donald Trump’s competitors would try to take the front-runner down.

It seems, however, that only Jeb Bush got that memo. He alone among the candidates engaged the real estate mogul directly, and if he had been as forceful several months ago as he was last night, his campaign might be in much better shape.

Photo Getty Images
Photo Getty Images

Instead, most of the fireworks during the Las Vegas event occurred between the trio of first-term senators – Marco Rubio, Rand Paul and Ted Cruz.

On the issues of national security and immigration, Marco Rubio faced off against his two congressional colleagues in often acrimonious exchanges.

Barely mentioned over the course of an evening that focused on foreign policy was Donald Trump’s call to close the US border to all Muslims.

Given how all the candidates assiduously avoided the subject, one would never have guessed that it was a story that merited global headlines and ignited a firestorm of controversy.

The top nine candidates disagreed over the scope of government surveillance and how to end the civil war raging in Syria.

“If terrorists strike again… the first question will be, <<Why didn’t we know about it and why didn’t we stop it?>>” said Marco Rubio, taking aim at Ted Cruz, who had voted to curtail government surveillance powers.

Another of Donald Trump’s proposals – “closing that internet up” to stop ISIS recruitment – has been hotly debated, with the candidate saying: “I don’t want them using our Internet.”

After defending it, he seemed confused by loud booing from the audience, and replied: “These are people that want to kill us folks.”

It was not the only time that the crowd played a part in the program; on several occasions the audience’s cheers and jeers forced a pause in the candidates’ conversation.

At one point, a heckler interrupted Donald Trump with inaudible comments.

Donald Trump loomed large over the so-called undercard debate, with the four candidates split over the efficacy of his proposed ban.

Senator Lindsey Graham apologized to US-allied Muslim leaders saying: “I am sorry. He does not represent us.”

Democrats debate on December 19, and both parties will hold debates in January.

The state-by-state primary contests in the presidential election begin in six weeks in Iowa on February 1st and will last for months.

Each party will formally nominate their candidate over the summer, with Hillary Clinton the favorite to win the Democratic nomination.

Americans will go to the polls in November 2016, and the newly elected president will assume office in late January of 2017.

https://www.youtube.com/watch?v=xDYsSPM5g24

Facebook Real Name Policy Amended after Protests

Facebook has announced it is to amend its controversial “real name” policy after protests from various communities.

On December 15, Facebook said it was to test new tools that allowed people to share any special circumstances they felt meant they could not use their real name.

The tool is intended to help people who may have suffered domestic abuse, or in cases where their s**uality could put them in danger.

However, Facebook stood firm on insisting people use “real names” in all but the most unusual situations.

“We require people to use the name their friends and family know them by,” the company said.

Photo Facebook
Photo Facebook

“When people use the names they are known by, their actions and words carry more weight because they are more accountable for what they say.

“We’re firmly committed to this policy, and it is not changing.

“However, after hearing feedback from our community, we recognize that it’s also important that this policy works for everyone, especially for communities who are marginalized or face discrimination.”

Facebook is also adding a new tool for reporting fake names, requiring anyone who is reporting another user to provide more context for their complaint.

The social network said it received hundreds of thousands of reports of fake names every week.

“In the past, people were able to simply report a <<fake name>> but now they will be required to go through several new steps that provide us more specifics about the report,” the company said.

“This additional context will help our review teams better understand why someone is reporting a name, giving them more information about a specific situation.”

Facebook had faced intense pressure from rights groups over its hard-line stance on real names.

Mark Zuckerberg was heavily criticised after he suggested that people that use two names, or have an alias, showed a “lack of integrity”.

In 2014, prominent drag queens in San Francisco had their Facebook accounts deleted as they were deemed to be violating the real name policy.

After considerable uproar, including a planned protest outside Facebook’s headquarters, the company acknowledged that it had been a mistake to delete the accounts, but said it faced a challenge in verifying people on the network.

It argued that insisting on real names played a role in preventing bad actors on the site has it made people more accountable for what they posted.

“The stories of mass impersonation, trolling, domestic abuse, and higher rates of bullying and intolerance are oftentimes the result of people hiding behind fake names, and it’s both terrifying and sad,” the site said.

“Our ability to successfully protect against them with this policy has borne out the reality that this policy, on balance, and when applied carefully, is a very powerful force for good.”

A group of civil liberties organizations and rights groups formed the Nameless Coalition which has been leaning on Facebook to change its policies.

The new tools announced on December 15 fall short of the group’s complete suggestions, but representatives from Facebook are met members of the Nameless Coalition at a public event in San Francisco.

https://www.youtube.com/watch?v=T88P9y_xums

Soyuz Space Capsule Docked to ISS

The Soyuz space capsule has arrived to the International Space Station (ISS).

British astronaut Tim Peake and fellow crew members Russian Yuri Malenchenko and American Tim Kopra, docked with the ISS high above the Earth.

The crew controlled the approach manually, after complications with the usual automatic docking procedure.

Tim Peake is making history as the first official UK astronaut.

He was waved off by his wife and two sons at the Baikonur Cosmodrome in Kazakhstan earlier on the day.

The launch was from the same place where Yuri Gagarin became the first human in space in 1961.

There were no reported problems during the blast-off.

However, docking with the space station – which is regarded as one of the most difficult stages of the journey – did not go entirely to plan when the crew had to steer the spacecraft in manually.Soyuz docked to ISS

The docking happened about 10 minutes after its scheduled time of 17:24 GMT.

It takes four orbits of Earth and about six hours to reach the ISS.

Having arrived safely, the team will have to wait around two hours before they can leave the capsule to allow safety checks and for the air pressure to be equalized.

In the meantime, the new arrivals will carry out routine checks for leaks.

ESA said the crew reported they were fine and were starting to shut down the spacecraft’s systems as they were no longer needed.

The Soyuz capsule will remain attached to serve as an escape vehicle if the ISS has to be evacuated in an emergency.

Once on board the ISS, the crew will work, sleep and exercise in a dozen modules, together about the same volume as two Boeing 747s.

The three crew members will join the existing taskforce on board the ISS – NASA astronaut Scott Kelly and Russian cosmonauts Mikhail Kornienko and Sergey Volkov.

Scott Kelly and Mikhail Kornienko are approaching the ninth month of their one-year ISS mission.

A maximum of 10 crew members can live on the station.

Tim Peake will spend six months on board the ISS where he will conduct scientific experiments and carry out educational projects designed to attract young people into science.

Marine Le Pen Acquitted in Inciting Hatred Case

Marine Le Pen has been acquitted of charges of inciting hatred on the December 2010 campaign trail in Lyon, France.

The charges relate to the National Front leader’s comments comparing Muslims praying in the streets to the Nazi occupation of France in World War Two.

In October Marine Le Pen told a court in Lyon she did not commit any offence.

Prosecutors said she had exercised her right to free speech and was not referring to all Muslims.

Marine Le Pen was charged in July 2014 after her immunity as a member of the European Parliament was lifted following a vote requested by French authorities.

In her 2010 speech to far-right FN supporters, broadcast by French media, Marine Le Pen said that France had initially seen “more and more veils”, then “more and more burkhas” and “after that came prayers in the streets”.Marine Le Pen inciting hatred

She said: “I’m sorry, but some people are very fond of talking about World War Two and about the occupation, so let’s talk about occupation, because that is what is happening here…

“There are no tanks, no soldiers, but it is still an occupation, and it weighs on people.”

The case was originally dropped last year by the Lyon court of appeal but was revived by anti-racism groups who made a civil complaint.

Praying in the streets was banned in Paris in 2011 in response to growing far-right protests.

In the same year France became the first EU state to ban public wearing of the face-covering Islamic veil (niqab).

The ruling came after Marine Le Pen’s anti-immigration FN gained a record number of votes in regional elections.

The FN led in six of the 13 regions after the first round of voting, though due to tactical voting it did not go on to win any regions in the second round.

The party received 6.8 million votes in the second round, amounting to a 27.36% share of the vote.

“Nothing can stop us now,” Marine Le Pen told supporters after the result announcement.

“By tripling our number of councilors, we will be the main opposition force in most of the regions of France.”

Los Angeles Unified School District Closes All Schools over Bomb Threat

The Los Angeles Unified School District has closed all schools as an unspecified threat is investigated, the police have said.

Officials would not specify the nature of the threat, which led to students being sent home and school buses returned to depots.

A school district spokesman said it involved rucksacks, and they were exercising “an abundance of caution”.

The LA Unified School District (LAUSD) is the second largest in the US, with 640,000 students attending more than 1,000 schools.

Police are searching all the schools, which will remain closed until the threat is over, officers told reporters at a press conference.LAUSD school closure

“Earlier this morning we did receive an electronic threat that mentions the safety of our schools,” said Steven Zipperman, chief of the Los Angeles school police department.

“We have chosen to close our schools today until we can be absolutely sure that our campuses are safe.”

An unnamed police official told Associated Press the threat was emailed to a school board member and was thought to have come from overseas.

It comes amid a heightened alert after 14 people were killed by a radicalized Muslim couple in San Bernardino, 60 miles east of Los Angeles.

“I think it’s important to take this precaution based on what has happened recently and what has happened in the past,” said district superintendent Ramon Cortines.

“It was not to one school, two schools or three schools. It was to many schools, not specifically identified. But there were many schools. That’s the reason I took the action I did… It was to students at schools.”

When asked what was meant be “electronic” threat, he said simply that “it was a message”.

In a separate incident, classes were also canceled at San Bernardino Valley College on December 15 due to a bomb threat made on the previous day.

Paris Attacks: Suspect Claude Hermant Arrested in France

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A man has been arrested in the Paris region as part of the investigation into the November 13 attacks in the city, sources close to French police say.

Some 2,700 raids have been conducted since the attacks, with 360 people placed under house arrest across France, the AFP reports.

Police have also arrested two people in northern France suspected of supplying weapons to one of the gunmen in earlier attacks on Paris, reports say.

They were taken in for questioning.

The 29-year-old man arrested on December 15 was planning to travel to Syria, according to one French media report.

The Paris prosecutor’s office says the two people arrested in northern France were held on suspicion of helping to provide guns to Amedy Coulibaly, who attacked a kosher supermarket in January.Paris attacks November 2015

The prosecutor’s office confirmed that the man arrested was Claude Hermant, who is known to have links to far-right groups, while the other is his partner.

Amedy Coulibaly killed four people inside the supermarket, and separately a policewoman, before dying in a shootout with police.

Meanwhile, a prominent Islamist preacher, Sven Lau, has been arrested in Moenchengladbach, western Germany, on suspicion of supporting a group linked to ISIS militants, and recruiting fighters for it.

Sven Lau – a convert to Islam – is known for a series of controversial initiatives, like setting up so-called Sharia police patrols to enforce Islamic rules in the western city of Wuppertal.

The state interior minister for North Rhine-Westphalia, Ralf Jaeger, said the state authorities were trying to monitor hundreds of Islamists they believed were willing to use violence.

He said Sven Lau played an important role in trying to radicalize people: “He is one of the leading figures of the Salafist scene. He is someone who is trying to infect other young people with this extremism. He openly campaigns for terrorist organizations. That’s clearly dangerous because more and more people slip into this scene.”

It is known that the two Stade de France bombers arrived on Leros aboard smugglers’ boats on October 3, then left for Athens with four other men, who have not been seen since.

A travel agent in Leros, who unwittingly sold the two bombers ferry tickets to Athens, says he is reasonably sure he also served Abdelhamid Abaaoud, who stood out from hundreds of other migrants because he spoke French.

A trustee at the main island hospital also claims Abdelhamid Abaaoud came to the hospital to be treated for a minor leg wound. He claims Abdelhamid Abaaoud appeared nervous and suspicious, and offered a €100 ($110) bribe to jump the treatment queue.

Belgian and French officials say Abdelhamid Abaaoud, a Belgian Islamist of Moroccan descent, organized November’s attacks which killed 130 people.

Abdelhamid Abaaoud was known to have been living in Athens in January this year, but fled to Syria after a failed attempt by Belgian police to catch him.