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Kidnapped Indian priest rescued in Yemen

September 13, 2017 Middle East Monitor 0

An Indian priest who was kidnapped in 2016 by unidentified armed men was freed in Yemen yesterday, the Times of Oman reported. Father Tom Uzhunnalil was freed following consular assistance from the Sultanate of Oman. The priest was transferred to the capital of Oman, Muscat, where he was flown to India to be reunited with his family. Gunmen abducted the priest in an attack on a care home last year in Aden, in the south of Yemen, in which four nuns, two Yemeni staff, and eight elderly residents and a security guard were killed. Read: One in five children require humanitarian assistance in Middle East “I am happy to inform that Father Tom Uzuhnnalil has been rescued,” Indian Foreign Minister […]

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Up to 77% of migrants face abuse, exploitation and trafficking

September 13, 2017 Middle East Monitor 0

Migrant and refugee children and youth trying to reach Europe face appalling levels of human rights violations, with 77 per cent of those travelling along the Central Mediterranean route facing abuse, exploitation, and human trafficking, a report published by international bodies said on Tuesday. “All migrants and refugees are at high risk,” explained UNICEF and the UN Migration Agency (IOM), “but children and youth on the move are far more likely to experience exploitation and trafficking than adults aged 25 years and above.” The report is based on the testimonies of some 22,000 migrants and refugees, including 11,000 children and youth, interviewed by IOM. Aimamo, 16 and from Gambia, said that he was forced into months of gruelling manual labour […]

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One in five children require humanitarian assistance in Middle East

September 13, 2017 Middle East Monitor 0

Nearly one in five children across the Middle East and North Africa are in need of immediate humanitarian assistance, according to the UN Children’s Fund (UNICEF) and over 90 per cent of these children are said to be living in countries affected by conflict. The depressing facts about the region were highlighted by UNICEF in a press release earlier this week in which it said that almost 12 million Syrian children were in need of humanitarian assistance – up from half a million in 2012. Speaking about the humanitarian crises in the region, the international agency, which provides emergency food and healthcare to children in countries devastated by war, said that children have been hit hardest by ongoing years of […]

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Female aid workers freed in Somalia

September 13, 2017 Middle East Monitor 0

Three humanitarian aid workers were freed by Al-Shabaab in Somalia yesterday, the local Garowe news site reported. The aid workers were kidnapped by the armed group in July in Far-Libah area, whilst working for the charity Hello Trust. A parent of one of the aid workers said on the condition of anonymity that Al-Shabaab demanded a ransom of $13,000 each from the families. No other information is known currently about the aid workers. Read: Somali army regains control of ambushed border town Al-Shabaab recently released seven aid workers in Somalia in return for a ransom payment made in weapons. The armed group is open to negotiations and ransom taking. Al-Shabaab seeks to fight government forces and implement a strict version […]

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HRW: Israel banks financing settlements

September 13, 2017 Middle East Monitor 0

Israel’s largest banks are funding illegal settlement activity in the occupied West Bank, even though they are under no obligation to do so by law, according to a report released by Human Rights Watch (HRW) yesterday. The organisation accuses banks of violating their responsibilities under international law by contributing to human rights abuses that settlement construction incurs. It also contradicts previous statements by some Israeli banks that argued that they were legally obliged to provide such funding. “In addition, the services they offer in settlements make life in settlements more sustainable. They’re providing services to settlement businesses and settlement municipalities, I’ts quite extensive,” Sari Bashi, Israel and Palestine advocacy director at HRW, told MEMO. Read: Israel builds first new West […]

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Iraq vice presidents call on Kurds to cancel referendum

September 13, 2017 Middle East Monitor 0

Iraq’s Vice Presidents, Osama Al-Nujaifi and Iyad Allawi, yesterday called on Kurdish President Massoud Barzani to cancel the referendum scheduled for 25 September to “spare the country new conflicts”. Al-Nujaifi said in a statement that “the referendum constitutes a clear violation of the constitution”, adding that the inclusion of Kirkuk and the rest of the disputed areas to the referendum is unconstitutional and illegal and constitutes a clear attack on the rights of Arabs and Turkmen in the area. #KurdishReferendum He called on the Arabs and Turkmen in the disputed areas not to participate in it, adding that he rejects any outcome of the referendum. Dialogue and discussing problems and obstacles in a transparent manner are the only ways to […]

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Uproar as ex-Israel soldier features in Morocco jazz festival

September 13, 2017 Middle East Monitor 0

A jazz festival in Morocco has sparked an outcry for hosting a former recruit of the Israeli army. The guest appearance at Tangier’s Tanjazz has led to an array of criticism that the move normalises ties with Israel by hosting Israeli artist Noam Vazana, a “Zionist” who has reportedly previously spoken of her pride in serving in the Israeli military service. Vazana will perform this weekend as part of a duet alongside Moroccan-Dutch artist Teema, who heads an Arabic-Jewish musical duo project aimed at “constructing bridges of understanding and tolerance”, where they will “create sounds that evoke the heritage of the two Arabic and Hebrew cultures that blend with contemporary pop and jazz.” Read: Israel’s war against the United Nations “By listening to […]

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Mauritania disappointed as Morocco hosts opposition

September 13, 2017 Middle East Monitor 0

Relations between Mauritania and neighbouring Morocco are could be rattled after Rabat agreed to host a number of Mauritanian opposition activists, political sources revealed. The sources, who asked not to be named, told Quds Press that Mauritania is unhappy that Morocco is hosting businessman Mohamed Ould Bouamatou, whom Nouakchott accuses of supporting a number of seeking to harm public security in the country. “Bouamatou is now being followed up by the judiciary, and there is an international warrant for his arrest, his manager and a number of other opponents,” the sources said, adding that “Nouakchott considers Morocco is now a stronghold of the Mauritanian opposition, and views it as an unfriendly position.” On the other hand, the sources confirmed that […]

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Apple’s ‘Biggest Cheerleader’ Warns “New iPhones Not Enough”

September 13, 2017 Tyler Durden 0

Authored by Vitaliy Katenselson via RealInvestmentAdvice.com,
It is hard to find a bigger Apple stock cheerleader than me. I’ve been writing Apple stock love poems for years. For a long time, it was easy to love the shares because …

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August Producer Price Rise Disappoints, Despite Gasoline, Consumer Loan Cost Surge

September 13, 2017 Tyler Durden 0

Despite significant acceleration year-over-year – thanks to a 9.5% surge in gasoline costs – producer price appreciation in August disappointed expectations. PPI Final Demand YoY accelerated from 1.9% to 2.4% (but fell below the 2.5% expectation), rising only 0.2% MoM.

The corest of the core PPI remained below The Fed’s mandated inflation target for the second straight month…

 

But headline PPI jumped to 2.4% YoY… perhaps putting more pressure on The Fed…

 

Prices for final demand goods advanced 0.5 percent in August, the largest rise since moving up 0.5 percent in April. Most of the August increase can be traced to the index for final demand energy, which climbed 3.3 percent. Prices for final demand goods less foods and energy moved up 0.2 percent.

In contrast, the index for final demand foods fell 1.3 percent. 

Three-quarters of the August increase in the final demand goods index can be traced to prices for gasoline, which jumped 9.5 percent .

Over half of the August increase in the index for final demand services can be attributed to prices for consumer loans (partial), which advanced 1.7 percent 

This is the highest level of consumer loan price index since Nov 2015…

In other words, as inflation rises, the cost of taking out a loan to maintain your standard of living is also increasing…

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