Kuwaiti PM hails historic ties with Egypt as he arrives in Cairo

Egypt's Prime Minister Mostafa Madbouly (R) receives his Kuwaiti counterpart, Sheikh Jaber Al-Mubarak on Sunday, October 20th - Press photoCAIRO – 21 October 2019: Kuwaiti Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah on Sunday praised the historical relations and the level of joint cooperation between Egypt and Kuwait, as he arrived in Cairo in an official visit.In a statement, Sheikh Jaber Al-Mubarak said that his visit comes within the framework of continuous consultation and permanent coordination between the two countries in various fields and issues of common concern.He highlighted the significance of this current visit due to the changes and challenges witnessed by the Arab nations and the world, which require joint action to achieve stability, security and peace in the Middle East.Sheikh Jaber Al-Mubarak expressed hope that this visit will be a good opportunity for both countries to reach new levels of fruitful and constructive cooperation in political, economic, cultural and tourism fields and develop them in line with the aspirations of the brotherly peoples of the two countries.He said he looks forward to meeting President Abdel Fattah al-Sisi to convey to him the greetings of the Kuwaiti Emir, Sheikh Sabah Al-Ahmed Al-Jaber and the Crown Prince.Mubarak noted that his meeting with his Egyptian counterpart, Mostafa Madbouly, set to take place on Monday, will discuss ways of developing bilateral relations between the two countries and enhancing cooperation in a way that achieves the interests of the two brotherly peoples.The two prime ministers will also discuss regional and international issues of common concern.Madbouly received at Cairo Airport on Sunday his Kuwaiti counterpart, who is an official visit to Cairo at the head of a high-level delegation, including a number of ministers and officials, as well as businessmen.During the visit, the two sides will sign a number of cooperation agreements, Egyptian Cabinet spokesman Nader Saad said.

Source:Egypt Today

October 21, 2019 09:22 UTC

Chile extends state of emergency as protest death toll hits seven

AFP / Pablo VERACAIRO - 21 October 2019: Chile is "at war", President Sebastian Pinera said Sunday, as the country reels from three days of violent demonstrations and looting that have left seven dead and almost 1,500 detained in the worst outbreak of social unrest in decades. "We are at war against a powerful, implacable enemy, who does not respect anything or anyone and is willing to use violence and crime without any limits," Pinera told reporters after an emergency meeting with army general Javier Iturriaga, who has been placed in charge of order and security in the capital.Santiago and nine other of Chile's 16 regions were under a state of emergency, Pinera confirmed late Sunday, with troops deployed onto the streets for the first time since Augusto Pinochet's military dictatorship between 1973-1990.The clashes, which have seen some 9,500 police and military fire tear gas and water cannon against protesters who have set fire to buses, smashed up metro stations and ransacked shops, were sparked by anger over price hikes and social inequality.Despite a growth rate that should reach 2.5 percent of GDP this year, several social indicators -- such as health, education and pensions -- show very high inequalities. "Many latent requests have not been answered, tension has built up, frustration has increased daily in daily life," said Octavio Avendano, a sociologist and political scientist at the University of Chile.This anger boiled over earlier in the week as a protest against a rise in metro fares escalated dramatically on Friday.On Sunday, five people died when a garment factory was torched by rioters in a Santiago suburb, despite right-wing Pinera's Saturday announcement that he was suspending the fare increase.Earlier, Interior and Security Minister Andres Chadwick said two women burned to death after a store owned by US retail chain Walmart was set alight in the early hours of Sunday.Another victim, who authorities initially said had died in hospital, suffered burns on 75 percent of her body.Almost all public transport was paralyzed in Santiago on Sunday, with shops shuttered and many flights cancelled at the international airport, leaving thousands of people stranded due to a curfew imposed from 7:00 pm until dawn.- 'Listen to the people' -Authorities reported 103 serious incidents throughout the country with 1,462 people detained -- 614 in Santiago and 848 in the rest of the country. "It's really sad what's happening, but the people are outraged because they're not being listened to," 26-year-old Antonia told AFP in central Santiago.Several international Chilean football players have also asked leaders in their country to "listen to the people" and to find solutions. "I pray that my beloved Chile will be better," Chilean star Arturo Vidal, the Barcelona midfielder, wrote on Sunday night.On Friday, the headquarters of the ENEL Chile power company and a Banco Chile branch -- both in the center of Santiago -- were set on fire and heavily damaged.Dozens of protesters torched a building belonging to Chile's oldest newspaper, El Mercurio, in Valparaiso on Saturday evening, while elsewhere a metro station, supermarkets and other stores were set on fire.- Social tensions erupt -Santiago's metro system -- South America's largest and most modern and used by around three million people a day -- was shut down on Friday as protesters burned and vandalized stations.Louis de Grange, president of the state Metro S.A. company, told Canal 13 the "brutal destruction" of the service had caused more than $300 million in damage.The hike in fares that set off the violence would have raised the price of peak hour travel from 800 to 830 pesos ($1.13 to $1.15).The government said the hike, which followed a 20-peso increase in January, was driven by rising oil prices and a weakening peso.Initially, students and others responded by fare-dodging, but underlying social tensions quickly bubbled to the surface.Chile has the highest per capita income of Latin America at $20,000, with expected economic growth this year of 2.5 percent and just two percent inflation.Yet there is widespread frustration with economic policies that have virtually privatized all health care and education, at a time that falling pensions and rising costs of basic services have exacerbated social inequality.

Source:Egypt Today

October 21, 2019 07:41 UTC

Mortada Mansour assures not playing in Qatar

Mortada Mansour - FILEZamalek president Mortada Mansour has revealed that he has informed the African Football Confederation (CAF) that he'll refuse to play the African Super Cup in Qatar.Zamalek will not play the CAF Super Cup clash against Esperence of Tunisia in Qatar, the club President, Mortada Mansour, states on Saturday.“We will not play in Qatar whatever the consequences. I said before we will not play in Qatar even when the handball team reached the Club World Cup and was scheduled in Qatar, we withdrew.” Mansour said.Zamalek reached CAF Super Cup after they defeated Morocco’s RS Berkane on penalties to win CAF Confederation Cup title.Mansour added “I don’t mind playing the Super Cup in Tunisia but we will not play in Qatar even if we will be relegated to the third division.”Esperence aim to achieve the title after losing last season’s title 2-1 to Raja Casablanca.CAF signed an agreement with Qatar to host the Super Cup game for three years, starting from last season.On June 5, 2017, Egypt, Saudi Arabia, UAE and Bahrain decided to cut diplomatic ties with Qatar, after years of unstable relations, and implicit attacks on Qatar. Qatar was accused by the quartet of funding and promoting terrorism and intervening in the domestic affairs of the quartet countries.The president of Zamalek announced his rejection of the proposals to hold the match against Al Ahly on October 28. EFA has postponed the game which was scheduled on Saturday, 19 October, due to security concerns.

Source:Egypt Today

October 21, 2019 05:26 UTC

Canada's Trudeau, his 'sunny ways' darkened by scandals, seeks to retain power in election

Liberal leader and Canadian Prime Minister Justin Trudeau takes part in a rally as he campaigns for the upcoming election, in Victoria, British Columbia, Canada October 20, 2019. That would still leave Trudeau in a weakened position and needing the support of left-leaning opposition parties Five parties are contesting Canada’s federal election to push through key pieces of legislation.Despite Scheer’s dimpled smile, Trudeau’s main rival has proven to be a determined opponent. One of the defining moments of the campaign was when Scheer attacked Trudeau during the English-language debate.“He can’t even remember how many times he put blackface on, because the fact of the matter is he’s always wearing a mask,” Scheer said. Trudeau, you are a phony and you are a fraud and you do not deserve to govern this country.”In his bid to unseat Trudeau, Scheer is also promising to balance the federal budget and eliminate a “carbon tax” on fossil fuels. In August, a top watchdog said Trudeau breached ethics rules.Given the fact that neither of the front-runners could come away with a parliamentary majority, it is the smaller left-leaning New Democratic Party (NDP) or the separatist Bloc Quebecois that could end up holding the balance of power.Only six weeks ago, both those parties looked like they were heading toward electoral disaster.

Source:Egypt Today

October 21, 2019 04:52 UTC

Global renewable power capacity to rise by 50% in five years: IEA

FILE PHOTO: Fatih Birol, Executive Director of the International Energy Agency, speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf HussainLONDON,(Reuters) - Global renewable energy capacity is set to rise by 50% in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA).Total renewable-based power capacity will rise by 1.2 terawatts (TW) by 2024 from 2.5 TW last year, equivalent to the total installed current power capacity of the United States.Solar PV will account for nearly 60% of this growth and onshore wind 25%, the IEA’s annual report on global renewables showed.The share of renewables in power generation is expected to rise to 30% in 2024 from 26% today.Falling technology costs and more effective government policies have helped to drive the higher forecasts for renewable capacity deployment since last year’s report, the IEA said.“Renewables are already the world’s second largest source of electricity, but their deployment still needs to accelerate if we are to achieve long-term climate, air quality and energy access goals,” said Fatih Birol, the IEA’s executive director.“As costs continue to fall, we have a growing incentive to ramp up the deployment of solar PV,” he added.The cost of generating electricity from distributed solar PV (PV systems on homes, commercial buildings and industry) is already below retail electricity prices in most countries.Solar PV generation costs are expected to decline a further 15% to 35% by 2024, making the technology more attractive for adoption, the IEA said.However, policy and tariff reforms are needed to ensure solar PV growth is sustainable and avoid disruption to electricity markets and higher energy costs, the report said.

Source:Egypt Today

October 21, 2019 03:56 UTC

Facebook open to currency-pegged stablecoins for Libra project

FILE PHOTO: A 3-D printed Facebook logo is seen on U.S. dollar banknotes in this illustration picture, June 18, 2019. REUTERS/Dado Ruvic/Illustration/File PhotoWASHINGTON (Reuters) - Facebook Inc (FB.O), facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed.David Marcus, who heads the Libra project for Facebook, told a banking seminar the group’s main goal remained to create a more efficient payments system, but it was open to looking at alternative approaches for the currency token it would use.“We could do it differently,” he said. “Instead of having a synthetic unit ... we could have a series of stablecoins, a dollar stablecoin, a euro stablecoin, a sterling pound stable coin, etc,” Marcus told the panel.“We could definitely approach this with having a multitude of stablecoins that represent national currencies in a tokenized digital form,” he said. That’s still the goal,” Marcus told Reuters when asked if the recent departure of several major partners from the project would delay the planned 2020 launch.“We’ve always said that we wouldn’t go forward unless we have addressed all legitimate concerns and get proper regulatory approval. So it’s not entirely up to us,” he said.

Source:Egypt Today

October 20, 2019 19:30 UTC

Five world film artists CIFF Panorama Special

File- “The Passion of Anna Magnani” movie. CAIRO - 20 October 2019: In its new programme Panorama Special: CineTalents, the 41st Cairo International Film Festival – CIFF (20-29 November) is screening five films that record the life and career of five of the most important film artists in the history of world cinema.According to critic Ahmed Shawky, delegated artistic director of CIFF, the festival is now curating smaller programmes out of the 50 films screened yearly in its International Panorama, in order to shed light on certain groups of films that can be seen together giving a coherent context to the audience.The first such sub-division contains five films (4 documentaries and one animation) focusing on five film artists from various places and times, all among the best and most recent films released this year.The theme that brings them together, as Shawky puts it, can be summarised in two questions: What does it mean to be an artist? And what mark does the film artist leave on his world?The five films in Panorama Special: CineTalents will be: the Brazilian film “Babenco: Tell Me When I Die” by Barabara Paz about the late Brazilian filmmaker Hector Babenco, the film that won the best film about cinema in Venice International Film Festival; the French-Italian coproduction that was included in the classics section of the Cannes Film Festival last year, “The Passion of Anna Magnani” by Enrico Cerasuolo about Anna Magnani, the icon of Neorealist cinema in Italy; the Czech film “Forman vs. Forman” by Jakub Hejna and Helena Trestíková, narrating the life of the great Czech filmmaker Milos Forman; the Spanish-Dutch-German animation “Buñuel in the Labyrinth of Turtles” by Salvador Simo Busom, which took part in the Annecy International Animated Film Festival, giving a glimpse on the great Surrealist director Luis Buñuel’s life; and the Lebanese-Emirati coproduction “Unlocking Doors of Cinema: Mohamed Malas” by Nezar Andary about the Syrian author and director Mohammad Malas.“Unlocking Doors of Cinema: Mohamed Malas” was among 27 international and world premieres that CIFF has announced acquiring their rights last week.

Source:Egypt Today

October 20, 2019 14:03 UTC

Giza governor, NCW chief open market for street vendors

General Ahmed Rashed, Governor of Giza, accompanied by Maya Morsy, Chairman of the National Council for Women, opened on Sunday a legitimate market for street vendors in the crowded Bulaq al-Dakrour district - Press photoCAIRO - 20 October 2019: General Ahmed Rashed, Governor of Giza, accompanied by Maya Morsy, Chairman of the National Council for Women, opened on Sunday a legitimate market for street vendors in the crowded Bulaq al-Dakrour district.Souq Zenein Al-Hadary, translated as Civilized Zenein Market, includes 116 properly prepared places for street vendors.The governor confirmed that Zenein market comes within the governorate's plan to develop slummy and unsafe markets, adding that the first phase has been completed in cooperation with the Informal Settlements Development Fund.The Ministry of Interior removed in January unlicensed markets and street vendors surrounding the Tomb of political leader Saad Zaghloul. The vendors had occupied the streets and blocked the roads, crippling the movement of vehicles and pedestrians.The police filed against the vendors 55 reports of operating unlicensed shops, roads occupation, and environmental pollution.Giza Governor in October last year announced establishing a market for street vendors near Sayeda Aisha Square in the value of LE 2 million ($112,360) and that constructions will be completed soon.The market is part of a plan to renovate the square located in Khalifa neighborhood in the value of LE 60 million ($3 million).In April 2015, dozens of street vendors in Ramses Square were moved to a neighboring parking lot at the Ahmed Helmy bus station.In October 2015, a total of 3,000 vendors were removed from the center of Helwan and were relocated near metro stations in Toshka and Ein Helwan neighborhoods.

Source:Egypt Today

October 20, 2019 13:07 UTC

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