5.8-MAGNITUDE QUAKE HITS TONGA
5.8-magnitude has hit the coast of the Pacific island nation of Tonga, USGS reported. The tremor with a depth of 66km, struck 287km from the county’s capital of Nuku’alofa.
The part of the South Pacific Ocean where Tonga lies is considered to be one of the most seismically active areas in the world due to convergence between the Australia and Pacific plates, the USGS said.
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Sagar Media Inc
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I-League: Unlucky DSK Shivajians go down fighting 0-1 to Aizawl FC
16th April 2016 – Pune, India – Missed chances cost DSK Shivajians, who went down fighting 0-1 to Aizawl FC in the final home game of the Hero I-League 2015-16 at the Shree Shivchhatrapati Sports Complex in Mhalunge-Balewadi on Saturday.
A second-half strike by Joel Sunday in the 61st minute, handed visitors Aizawl FC a narrow win in the Round-17 encounter. Hosts DSK Shivajians were unlucky as they not only missed a number of chances throughout the game but were also denied a clear penalty in the closing minutes of the second half.
The defeat brought an end to DSK Shivajians’ 7-match unbeaten run as they dropped down to seventh place in the standings with 15 points. Meanwhile, Aizawl FC moved up to sixth with 16 points.
Going into the game, Coach Derrick Pereira fielded an unchanged line-up from the previous game with Nikhil Kadam and Shrikant Molangiri coming in as substitutes.
The match began with some fast paced action as both sides attacked early on. Hosts DSK Shivajians had the first close chance of the game as skipper Pierrick Dipanda controlled the ball well inside the box only to fire over from 8-yards out.
Thereafter, both sides slowed down a bit as they battled out hard in the midfield. Nonetheless, hosts DSK Shivajians kept on pushing ahead through constant attacks only to lack killer finish in the final third with Douhou Pierre, Surchandra Singh and Pierrick all missing from close range before the first half ended goalless.
The second half saw both teams play an end-to-end game creating several attacks. The best chances, however, fell for the hosts in the opening ten minutes of the half.
First midfielder Surchandra Singh went close in the 50th minute, as he beat a couple of tackles cutting in from the left before unleashing a flat shot on the rival goal. He was denied by the Aizawl FC ‘keeper Soram Poirei who somehow managed to hold on after fumbling initially.
Baljit Sahni was next to go close two minutes later. Winger Juan Quero got into the clear down the left after a quick one-two with Douhou Pierre. The Spaniard then cut back a good cross to find Baljit in the box who blasted his effort over from close range.
As the hosts pushed up aggressively, Aizawl FC took the surprise lead against the run of play at the hour mark. Winger Lalmuankima ran clear down the left and floated in a cross which was headed in at the far post by an unmarked Sunday.
Having conceded, DSK Shivajians pushed up even more aggressively and six minutes later, almost pulled level through Pierrick. The skipper managed to connect Haroon Amiri’s dangerous cross in from the left after Douhou sent the Afghan defender through on the right. The attempt which was on target was palmed away by ‘keeper Poirei with a brilliant dive to his left.
In the final quarter, DSK Shivajians were denied a clear penalty when defender Lalruatthara brought down Pierrick in the box after Baljit sent a low cross across the goal from the right. The home side protested vigorously but the referee waived play on.
DSK Shivajians had a few close chances thereafter, but were unlucky as poor finishing let them down in the final third. Visitors Aizawl FC capitalised on the misses to hold on to their narrow 0-1 lead and seal the game.
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Dear Naresh, Uber and Ola have come under fire
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German Police detain 3 suspects in explosion at Indian wedding
Germany, a bomb exploded at a Sikh wedding in the city of Essen. Media reports said, at least three people were injured in the explosion. Eyewitnesses reportedly told police that a person entered the chapel and threw something that looked like a bomb at the guests. At the moment, the police does not associate the incident with terrorism.
Police has detained three suspects. Details of the incident are being investigated.
Police has detained three suspects. Details of the incident are being investigated.
Rousseff could survive impeachment vote: Lula
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Chairman of Chamber of Deputies Eduardo Cunha (R).
Brazil’s Chamber of Deputies, the lower house of the National Congress, started the three-day hearings on whether to impeach President Dilma Rousseff on charges of manipulating government accounts.
On Sunday, members of the National Congress will officially vote on the matter. A two-thirds majority is needed to send the motion to the Senate. If the Senate endorses the move, Rousseff will be suspended from office for up to 180 days while an impeachment trial is held.
On Friday morning, Chamber of Deputies President Eduardo Cunha and Former Justice Minister Miguel Reale Junior opened the debate which featured deep rift among representatives over the issue.
The former justice minister said the illegal fiscal maneuvers allegedly approved by Rousseff were “a crime against the nation” which she hoped would hide the country’s true financial state from the public.
Following Reale’s statement, Attorney General Jose Eduardo Cardozo said that Rousseff had not committed any wrongdoings as the fiscal maneuvers used to delay some payments to state banks were legal resources allowed by the courts at the time.
In a country rampant with structural corruption and bribery scandals, Rousseff has yet involved in any investigation, Cardozo noted.
Friday’s session proceeded with party leaders making case for and against the impeachment till the end of the day.
President of the Brazilian ruling Workers’ Party Rui Falcao said on Thursday his party is confident that the impeachment against President Dilma Rousseff will not pass the voting scheduled for Sunday.
A Brazilian congressional committee recommended impeachment against Rousseff in a vote on Monday, bringing the issue to the full lower house of parliament which will vote on Sunday whether Rousseff should face trial.
Former Brazilian President Luiz Inacio Lula da Silva said Friday that he believed the impeachment vote against incumbent President Dilma Rousseff on Sunday in the Chamber of Deputies, the lower house of the National Congress, would fail.
“Dismissing a democratically elected government without a crime of responsibility will not solve anything, it will only worsen the crisis,” said Lula in a message released to the press and lawmakers on Friday.
Lula urged the lawmakers to unite their strength to make Brazil a country with strong institutions, and not to take “an unthinkable step” on Sunday.
He also said that he would use his experience as a former president to “aid the rebuilding of dialogue and unity in this country.”
Last week, Lula began meeting with many political leaders in the Chamber of Deputies to try to gather enough votes to help Rousseff survive the impeachment crisis.
“There have been extraordinary protests across the country in defense of legality. This shows that, outside of democracy, we will only have chaos and permanent uncertainty,” he said.
G20 FMs and central bank governors meet
Union Finance Minister Arun Jaitley has called on the IMF to examine the adequacy of its resources. Addressing the International Monetary and Finance Committee in Washington, Mr Jaitley said, the world body should also examine whether its resources are sufficient for future proofing the global economy against recurrence of financial crisis. He said, the IMF is in unique position to take the responsibility but needs to be strengthened further through reforms in its governance.
Noting that global growth has weakened further and financial market conditions have worsened, he said global recovery is affected by subdued growth and low productivity in Advanced Economies and elevated risks faced by Emerging Market Economies. The Minister said, many large emerging economies are stressed owing to difficult macroeconomic conditions, sharply declining commodity prices and tightening financial conditions amid volatile capital flows.
Mr Jaitley said, increasing potential growth and productivity, while remaining vigilant about risks to macro-financial stability are needed to secure a sustainable global recovery.
Mr Jaitley said, increasing potential growth and productivity, while remaining vigilant about risks to macro-financial stability are needed to secure a sustainable global recovery.
China will advance the agenda of small and medium-sized enterprises (SMEs) financing at the Group of 20 (G20) summit this year, Zhou Xiaochuan, China’s central bank governor, said Thursday.The second G20 Sherpa Meeting, with substantive discussions on major issues, has laid solid groundwork for the G20 summit that China will host in September, a spokesperson said on Monday.
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Finance leaders from the Group of 20 leading economies on Friday reiterated their commitments to using all policy tools, including monetary, fiscal and structural instruments, to foster confidence and strengthen growth.
“Downside risks and uncertainties to the global outlook persist against the backdrop of continued financial volatility, challenges faced by commodity exporters and low inflation,” said the G20 finance ministers and central bank governors in a communique issued Friday.
The International Monetary Fund (IMF) on Tuesday lowered its forecast for global growth in 2016 down to 3.2 percent, saying that the global economy grows at a sluggish pace that leaves the world economy more exposed to risks.
In the communique, the G20 finance ministers and central bank governors highlighted the risks of a potential UK exit, also known as “Brexit,” from the European Union. “Geopolitical conflicts, terrorism, refugee flows, and the shock of a potential UK exit from the European Union also complicate the global economic environment,” said the communique.
The heads of the World Bank and the IMF on Thursday also emphasized that Brexit is an “uncertainty” and “one of the serious down side risks” for British and world economy.
In order to restore confidence and shore up the growth, the G20 members repeated its earlier pledges to use all policy tools — monetary, fiscal and structural ones, individually and collectively.
They also reiterated their commitment to refraining from using exchange rates for competitive advantage. “We reaffirm our previous exchange-rate commitments, including that we will refrain from competitive devaluations and we will not target our exchange rates for competitive purposes,” said the G20 finance ministers and central bank governors in the communique.
The G20 members also moved a step forward vowing to curb tax evasion and money laundering. In the communique, the G20 economies called on relevant countries, including all financial centers and jurisdictions, to commit to implementing the standard on automatic exchange of information by 2017 or 2018.
According to the communique, G20 members will consider “defensive measures” against non-cooperative jurisdictions with respect to tax transparency and work with the Organization for Economic Co-operation and Development (OECD) to establish objective criteria for identifying non-cooperative jurisdictions by G20’s July meeting.
The Group of 20 include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom and the United States and the European Union.
UN Secretary-General on Friday welcomed the statement from the Presidency of the G20, China, which affirms full support for the signing of the Paris Agreement on climate change.
The Presidency statement, which was released Thursday at G20 Sherpa Meeting in Guangzhou, China, has called for promoting the implementation of the Paris Agreement, including by signing the agreement as well as bringing it into force as soon as possible.
“The Secretary-General thanks China for its continued strong leadership in promoting global cooperation, grounded in ambitious national action, on climate change,” said a statement released by Ban’s spokesperson.
“The Secretary-General is encouraged by the strong political momentum from the more than 130 countries that have confirmed their intention to sign the Paris Agreement on April 22, and urges all other countries to join them in the Signing Ceremony at the United Nations,” it added.
Adopted by the 196 Parties of the United Nations Framework Convention on Climate Change, the Paris Agreement sets a target of curbing the global average rise in temperature below 2 degrees Celsius above pre-industrial levels, and preferably below 1.5 degrees.
On the basis of common but differentiated responsibilities and respective capabilities, developed countries agreed to raise 100 billion U.S. dollars a year by 2020 to help developing countries transform their economies.
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