Archive for ‘Uncategorized’

19/02/2019

HSBC warns on China, Britain slowdown as 2018 profit disappoints

HONG KONG/LONDON (Reuters) – HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year.

Chief Executive John Flint, rounding off his first year at the helm of the company, said the bank may have to scale back investment plans in order to avoid missing a key target known as ‘positive jaws’ – which tracks whether it is growing revenues faster than costs – for a second straight year.

HSBC remains alert to the downside risks of the current economic environment,  economic environment and the future path of interest rates, Flint said, adding the bank was “committed” to the growth targets announced in June.

“We will be proactive in managing costs and investment to meet the risks to revenue growth where necessary, but we will not take short-term decisions that harm the long-term interests of the business,” Flint said on Tuesday, after HSBC reported a lower-than-expected 16 percent rise in 2018 profit before tax.

In June, Flint had said HSBC would invest $15-$17 billion in three years in areas including technology and China, while keeping profitability and dividend targets little changed.

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The bank said it failed to achieve positive jaws in 2018 due to the negative market environment in the fourth quarter.

A combination of U.S.-China trade tensions, central banks turning off the money taps and cooling growth in former hot spots wiped 10 percent off MSCI’s 47-country world stocks index last year, its first double-digit loss in any year since the 2008 global financial crisis.

GROWING BUT SLOWLY

Flint’s comments come as an economic slowdown in China, exacerbated by a bitter Sino-U.S. trade war, challenges HSBC’s strategy of pouring more resources into Asia where it already makes more than three quarters of its profits.

China’s economic growth slowed to 6.6 percent in 2018, the weakest in 28 years, weighed down by rising borrowing costs and a clampdown on riskier lending that starved smaller, private companies of capital and stifled investment.

Pressure on the world’s second-largest economy could increase if Beijing and Washington do not reach a deal soon to end their year-long trade dispute, which is taking a growing toll on export-reliant economies from Asia to Europe.

HSBC’s profits in Asia grew by 16 percent to $17.8 billion last year, accounting for 89 percent of the group profit.

“Clearly our customers are really more cautious and are more thoughtful around this trade war with the U.S.,” Flint said.

“It’s possible that we’ll see slightly lower growth rate this year but we are still going to see a growth rate.”

Since taking over from Stuart Gulliver last February, Flint has largely stuck to the same China-focused strategy as his predecessor while attempting to revive HSBC’s ailing U.S. franchise and putting less emphasis on its investment bank.

HSBC joined its London-based peer Royal Bank of Scotland in warning that uncertainties related to Brexit could drive businesses under.

“The longer we have the uncertainty the worse it’s going to be for the customers. Customers are absolutely postponing investment decisions … and that’s been the part of this slowdown that we have seen in the U.K.,” Flint said.

DISAPPOINTING PROFIT

Earlier in the day, HSBC reported a profit before tax of $19.9 billion for 2018, versus $17.2 billion the year before, but below an average estimate of $22 billion, according to Refinitiv data based on forecasts from 17 analysts.

HSBC’s Hong Kong shares dropped as much as 2.7 percent after the earnings announcement.

The stock was down 1.4 percent at 0732 GMT, while the Hong Kong market index was 0.3 percent lower.

HSBC said it would pay a full-year dividend of $0.51 per share, roughly in line with analysts’ expectations. The bank was confident of maintaining the dividend at this level, it said.

The bank’s core capital ratio, a key measure of financial strength, fell to 14 percent at end-December from 14.5 percent at end-2017, mainly due to adverse foreign exchange movements.

Source: Reuters

19/02/2019

Viewpoint: Should Britain apologise for Amritsar massacre?

Indian visitors look at the bullet ridden wall at the historical site of the Jallianwala Bagh massacre in Amritsar on April 12, 2011Image copyrightAFP
Image captionVisitors can inspect a bullet-ridden wall at the site of the massacre

Hundreds of Indians attending a public meeting were shot dead by British troops in the northern Indian city of Amritsar in 1919. Historian Kim Wagner sifts fact from fiction as the UK House of Lords prepares to debate the massacre, including if Britain should apologise.

On 13 April 1919, Sergeant WJ Anderson witnessed first-hand the brutal massacre of hundreds of Indian civilians at Jallianwala Bagh, a public garden in Amritsar city.

“When fire was opened the whole crowd seemed to sink to the ground, a whole flutter of white garments, with however a spreading out towards the main gateway, and some individuals could be seen climbing the high wall,” Anderson later recalled.

“There was little movement, except for the climbers. The gateway would soon be jammed. I saw no sign of a rush towards the troops.”

He had served as the bodyguard of Brigadier General RH Dyer, who had rushed to Amritsar a few days earlier to quell what he believed to be a major uprising.

The crowd of more than 20,000 people, however, were not armed rebels. They were local residents and villagers from the surrounding countryside who had come to listen to political speeches or simply to spend a few hours in the gardens.

It was also the day of the Baisakhi festival, which marked the anniversary of the creation of the Khalsa, or Sikh community, and annually attracted thousands of visitors and pilgrims.

The crowd comprised Hindus, Muslims and Sikhs. Most were men and young boys, including some infants; only a few women were present.

British Brigadier General R.E.H. DyerImage copyrightGETTY IMAGES
Image captionBrigadier General Dyer rushed to Amritsar to quell what he believed to be a major uprising

When Gen Dyer ordered his troops to cease firing, Jallianwala Bagh resembled a battlefield strewn with corpses. Between 500 and 600 people were killed, and probably three times as many wounded. The exact numbers will never be known for certain but the official death count, reached months later, was just 379.

In recent years, much of the public debate has focused on calls for a formal British apology – the demand has been led by, among others, Indian politician and author Shashi Tharoor.

Queen Elizabeth II visited the memorial at Jallianwala Bagh in 1997 and then Prime Minister David Cameron visited in 2013 – both showed their respect yet carefully avoided making an actual apology.

In December 2017, the Mayor of London, Sadiq Khan, nevertheless urged the British government to make just such a gesture during his own visit to Amritsar.

“I am clear that the government should now apologise, especially as we reach the centenary of the massacre. This is about properly acknowledging what happened here and giving the people of Amritsar and India the closure they need through a formal apology,” he said.

ritish Prime Minister David Cameron (C) along with Punjab State Chief Minister Parkash Singh Badal (2L), and Shiromani Gurdwara Parbandhak Committee (SGPC) President Avtar Singh Makkar (2R) visit the Sikh Shrine Golden temple in Amritsar on February 20, 2013Image copyrightAFP
Image captionOn his 2013 visit, Cameron avoided making an actual apology but said the massacre was “deeply shameful”

Exactly what happened at Jallianwala Bagh, however, remains unclear, and a century later, the actual circumstances of the massacre are still shrouded in myth and misconceptions.

There are, for instance, people, often with a nostalgic attachment to the Empire, who still insist that Gen Dyer only opened fire as a final resort when the crowd ignored his warning to disperse – even though the general himself was quite clear that he gave no such warning.

Similarly, the idea that the shooting was necessary and prevented much worse violence conveniently ignores the fact that Indian riots in April 1919 were in each and every case precipitated by British actions.

Factual inaccuracies are also to be found at the Jallianwala Bagh memorial today. Among other things, a sign claims that 120 bodies of the victims of the massacre were recovered from what has become known as the Martyrs’ Well. It’s believed that many people jumped into the well to escape the bullets.

But there is no evidence for this story, which appears to be based on a mix-up with the infamous well at Kanpur city, where the bodies of British women and children were disposed after a massacre in 1857.

Visual depictions of the Jallianwala Bagh massacre also show machine guns being used, when the historical record is quite clear that the shooting was carried out by 50 Gurkha and Baluchi troops armed with rifles.

Gen Dyer also did not orchestrate the massacre, and deliberately trap the crowd inside the gardens, as some popular accounts have it.

An Indian man takes a photograph of a painting depicting the Jallianwala Bagh massacre in Amritsar on April 12, 2011. The Amritsar massacre, also known as the Jallianwala Bagh Massacre, took place on April 13, 1919 when British Indian Army soldiers on the direct orders of their British officers opened fire on an unarmed gathering killing at least 379 men, women and children, according to official records. AFP PHOTO /NARINDER NANU (Photo credit should read NARINDER NANU/AFP/Getty Images)Image copyrightGETTY IMAGES
Image captionThe crowd were not armed rebels but local residents and villagers

In fact, it was British panic and misreading of the political turmoil in India that was at the root of the violence.

While Indian nationalists were looking forward to political reforms and greater self-determination after the end of World War One, the British were still haunted by the spectre of the 1857 “mutiny”, an uprising that is often referred to as India’s first war of independence.

So, when riots broke out in Amritsar on 10 April – and five Europeans and dozens of Indians were killed – the authorities responded with immediate and indiscriminate force. Three days later, Gen Dyer entered what he mistakenly perceived to be a war zone.

Where popular depictions show a peaceful crowd of locals quietly listening to a political speech, Gen Dyer instead perceived a defiant and murderous mob, which had only days before run rampant through Amritsar. When he ordered his troops to open fire, it was an act of fear, spurred on by a disastrously flawed threat assessment.

None of this exonerates Gen Dyer or detracts from the sheer brutality of the massacre – nor does it justify the subsequent torture and humiliation of Indians under martial law. The indisputable violence of the Jallianwala Bagh massacre hardly requires any embellishment. Nevertheless, facts matter if we are to pay our respect to those who died rather than simply perpetuate politically convenient fiction. And to understand is not the same as to condone.

A visitor looking at the bullet marks on a wall on the eve of 95th anniversary of the massacre at Jallianwala Bagh on 12 April 2014 in Amritsar.Image copyrightGETTY IMAGES
Image captionThere are bullet marks on a wall in the garden

Apologies and centenaries, which are essentially about the present rather than the past, are rarely conducive to an honest and nuanced reckoning with history.

An apology from a British government in the throes of Brexit, at the moment, seems highly unlikely. It it indeed doubtful whether an official acknowledgement of the massacre would be construed as more than an act of political expediency.

The question thus remains whether an apology without a genuine understanding of the past can ever provide the “closure” that so many seek.

Source: The BBC

19/02/2019

Pakistan PM Imran Khan says ready to talk terror, then packs in warning against strikes

Pakistan PM Imran Khan has denied hand behind Pulwama terror attack stating if there is evidence, his government will act against the culprits.

INDIA Updated: Feb 19, 2019 14:50 IST

HT Correspondent
HT Correspondent
Hindustan Times, Islamabad
Imran Khan,Pulwama attack
Pakistan Prime Minister Imran Khan on Tuesday said if there is any evidence of involvement of any Pakistani national in Pulwama terror attack, his government will act against the culprits. (AP)

Pakistan Prime Minister Imran Khan has denied his country’s role behind the Pulwama terror attack, the worst in Jammu and Kashmir in decades. He claimed that India does not have any evidence to prove Pakistan’s role in terror attacks in Kashmir.

“You (India) have blamed the Pakistan government without any evidence…If you have any evidence, we will act,” Imran Khan said.

He said, “It is in our interest that nobody from our soil spreads violence. I want to tell Indian government that we will take action if evidence is found against anyone from Pakistan.”

“What has Pakistan to gain from this? Why will Pakistan do this at a stage when it is moving towards stability,” said Imran Khan adding that “this is a Naya Pakistan with a new mindset.”

Calling for a dialogue with India, he said, “If you thinks you will attack us and we will not think of retaliating…We will retaliate. We all know starting a war is in the hands of humans, where it will lead us only God knows. This issue should be solved through dialogue.”

Also Read | Eliminated Jaish leadership that planned Pulwama attack within 100 hours, says army

Imran Khan’s reaction comes days after at least 40 CRPF jawans were killed in a terror attack in Jammu and Kashmir. Pakistan-backed terror outfit Jaish-e-Mohammad claimed responsibility for the attack.

Earlier, Pakistan sought an urgent intervention of UN Secretary-General in defusing tensions with India and help facilitate dialogue between the two countries.

Following the terror attack, India launched a diplomatic offensive against Pakistan with the ministry of external affairs reaching out to more than two dozen countries including P5 – the US, the UK, France, Russia and China, which has repeatedly blocked India’s bid to get Jaish-e-Mohammad chief Masood Azhar declared as global terrorist by the United Nations.

Also Read | Army major killed in Pulwama encounter made plans for first anniversary

China has used veto to shield Masood Azhar. Pakistan has also denied its support to the terror group. On Monday, in a joint statement Imran Khan and Saudi Arabia’s prince Mohammed bin Sultan “underlined the need for avoiding politicisation of UN listing regime.” This is being viewed as a snub to India’s renewed efforts to isolate Pakistan over its continued support to terror outfits and corner Masood Azhar’s JeM.

India withdrew the most favoured nation (MFN) status accorded to Pakistan in 1996. The MFN status had not been revoked even during the 1999 Kargil War and in the aftermath of 2008 Mumbai terror attack that killed more than 160 people.

Source: Hindustan Times

18/02/2019

New media facilitates crackdown on corruption in China

BEIJING, Feb. 18 (Xinhua) — The widely used new media has become an efficient tool for China’s anti-graft body to promote information transparency.

Commentary in a newspaper administrated by the Communist Party of China Central Commission for Discipline Inspection and the National Supervisory Commission said Monday netizens can find the latest information released by the top anti-graft watchdog on its website and post suggestions there.

People can report corrupt practices and other violations of disciplines and laws online, such as posting on the micro-blogging site Weibo, sending a message to anti-graft authorities’ accounts on the instant messaging tool WeChat or reporting through an app run by the top anti-graft authority.

Varied reporting channels have helped expose more officials violating disciplines and laws that were hard to be found out by anti-graft authorities in the past, the commentary said.

Improved information transparency has also helped ensure more objective and fair investigations, it added.

Anti-graft authorities can post online information of corrupt officials, including those fleeing overseas, meaning there will be more chances to capture them, said the commentary.

It also said as anti-graft authorities’ articles and video clips are reaching more people online through Weibo, Wechat and their apps, people are now able to learn about the ongoing crackdown on corruption, which also benefits the anti-graft work.

Source: Xinhua

18/02/2019

Wooden-bench dragon dance performed to celebrate Chinese Lantern Festival in east China’s Zhejiang

CHINA-HANGZHOU-LANTERN FESTIVAL-CELEBRATION

Aerial photo shows members of a rural female dancing team performing wooden-bench dragon dance to celebrate the upcoming Chinese Lantern Festival, which falls on Feb. 19 this year, at Yaokou Village of Huyuan Township in Hangzhou, capital city of east China’s Zhejiang Province, on Feb. 17, 2019.

Yaokou Village is famous for its wooden-bench dragon dance, which is originated from the Qing Dynasty (1644-1911). The wooden-bench dragon is 130 meters long with 58 wooden benches linked together, on which various lantern decorations are installed. People dressed in traditional costumes would dance the wooden-bench dragon at major festival events to pray for good luck in a new year. (Xinhua/Xu Yu)

Source: Xinhua

18/02/2019

China applauds ‘positive’ Donald Trump tweet, hopes for US trade war deal ahead of Washington talks

    • Opinion piece in major state media outlets is seen to be part of Beijing’s efforts to reassure its citizens that the tariff war with the United States will soon be over
    • A Chinese delegation led by Vice-Premier Liu He is expected to leave on Tuesday for the American capital after last week’s trade talks in Beijing produced ‘progress’

    China applauds ‘positive’ Donald Trump tweet ahead of Washington talks

    18 Feb 2019

    China and US make ‘progress’ but talks to head to Washington next week

    16 Feb 2019

    Chinese President Xi Jinping urged for a “mutually beneficial” trade deal in this week’s talks when he met US trade representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin in Beijing on Friday, according to Xinhua. Photo: Xinhua
    Chinese President Xi Jinping urged for a “mutually beneficial” trade deal in this week’s talks when he met US trade representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin in Beijing on Friday, according to Xinhua. Photo: Xinhua

    A tweet by US President Donald Trump on the ongoing trade war is a “positive” signal, brightening prospects of a deal from this week’s talks in Washington, according to an opinion piece published by China’s major state media outlets on Monday.

    Monday’s opinion piece was published the day before a Chinese delegation led by Vice-Premier Liu He is expected to leave for talks in Washington.

    In the tweet on Sunday, Trump said: “Important meetings and calls on China trade deal, and more, today with my staff. Big progress being made on soooo many different fronts! Our country has such fantastic potential for future growth and greatness on an even higher level!”

    The opinion piece, which was published by the official Xinhua news agency, the People’s Daily and the Global Times under the pseudonym Niu Tanqin, is seen to be part of Beijing’s efforts to reassure its citizens that the trade war with the United States will soon be over.

    It did contrast previous columns on Trump by the same author, who in March last year argued that China dislikes the American president for his “insatiable demands, greediness and lack of trust worthiness”.

    Last week’s trade talks in Beijing produced “progress” ahead of the March 1 deadline, which could see tariffs on US$200 billion worth of Chinese products increased from 10 per cent to 25 per cent if the world’s two largest economies fail to reach a deal.

    The outcome of the talks in Washington, which are likely to be the last before March 1, will largely decide whether China and the United States can reach a pact, likely in the form of a memorandum of understanding, to suspend the tariff battle that has been roiling global markets and clouding growth prospects since last year.

    According to the opinion piece, Trump’s use of “soooo” instead of “so” indicated that the US president was excited when he heard reports from his trade envoys following the talks in Beijing, which Chinese President Xi Jinping attend on Friday.

    Donald J. Trump

    @realDonaldTrump

    Important meetings and calls on China Trade Deal, and more, today with my staff. Big progress being made on soooo many different fronts! Our Country has such fantastic potential for future growth and greatness on an even higher level!

    “The US side is attaching great importance [to the trade talks]. Although Trump is on vacation, he listened to relevant reports and he definitely will make specific instructions,” it added.

    Trump has been upbeat about the prospects of reaching a trade deal with China, and said on Friday at the White House: “It’s going extremely well.”

    Chinese President Xi urged for a “mutually beneficial” trade deal in this week’s talks when he met US trade representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin in Beijing on Friday, according to Xinhua.

    Stocks in China and Hong Kong surged on Monday, partly bolstered by the increased likelihood of a trade deal between China and the United States.

    Monday’s opinion piece fits into the latest official line that an agreement is very likely to end the tariff war after the Global Times said over the weekend that the bilateral trade talks are “sprinting” towards a positive end.

    Donald Trump’s demands ‘good for China’, says economist Jin Keyu

    Meanwhile, reports in China suggest differences between Beijing and Washington still remain over forced technology transfer, intellectual property rights, cyber theft as well as a verification system to ensure China keeps its promises.

    Xi told the US trade envoys that China is willing to “cooperate” but “cooperation has principals”, a statement showing that Beijing will not entertain US demands if it finds such demands violate China’s principals.

    A White House statement on Friday said that “much work remains”, showing gaps still exist.

    Source: SCMP

18/02/2019

Britain does not support total Huawei network ban – sources

(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations the Chinese firm and its products could be used by Beijing for spying, people with knowledge of the matter said.

Huawei, the world’s biggest producer of telecoms equipment, faces intense scrutiny in the West over its relationship with the Chinese government and allegations of enabling state espionage, with the United States calling for its allies not to use its technology.

Although no evidence has been produced publicly and Huawei has denied the claims, the allegations have led several Western countries to restrict its access to their markets.

“We don’t favour a complete ban. It’s not that simple,” one of the sources told Reuters on Monday after a Financial Times report on Sunday said that Britain had decided it could mitigate the risks of using Huawei equipment in 5G networks.

The FT cited two sources familiar with what it said was a conclusion by the government’s National Cyber Security Council (NCSC), which last year said technical and supply-chain issues with Huawei’s equipment had exposed national telecom networks to new security risks. Huawei had no immediate comment.

Any decision to allow Huawei to participate in building next-generation 5G networks would be closely watched by other nations, because of Britain’s membership of the Five Eyes intelligence-sharing group with the United States.

Britain is an important market for Huawei and last month Vodafone, the world’s second-largest mobile operator, said it was “pausing” the deployment of its equipment in core networks until Western governments give the Chinese firm full security clearance.

Other operators in Europe, including Britain’s BT and France’s Orange have already removed Huawei’s equipment or taken steps to limit its future use.

Two sources said the NCSC did not think it was necessary to completely bar Huawei from British networks, believing it could continue to manage any risks by testing the products at a special laboratory overseen by intelligence officials.

Both sources, who spoke on condition of anonymity because of the sensitivity of the matter, said the position was consistent with public statements made by the NCSC and British officials.

 

“As was made clear in July’s HCSEC oversight board, the NCSC has concerns around Huawei’s engineering and security capabilities. We have set out the improvements we expect the company to make, an NCSC spokeswoman said on Monday.

CONFIDENCE MEASURES

People with knowledge of the matter said the next NCSC report on Huawei’s position in Britain will criticise its slow response to issues raised in last year’s report and detail tense relations with British officials.

The report, which is expected to be released in coming weeks, does not itself set government policy.

The results of a government review of British telecoms infrastructure is expected later in the year and will include recommendations on managing security risks, including in future 5G networks.

Fellow Five Eyes member Australia has banned Huawei from supplying 5G equipment, while New Zealand said on Monday it would make its own independent assessment of the risk of using Huawei equipment in 5G networks.

Huawei has set up security labs in Britain and Germany aimed at building confidence that its equipment does not contain “back doors” for Chinese intelligence services.

It has also offered to build a cyber-security centre in Poland, where authorities have arrested a Chinese Huawei employee along with an ex-Polish security official.

Source: Reuters

18/02/2019

Pulwama attack: Four Indian soldiers killed in Kashmir gun battle

Four soldiers have been killed in Indian-administered Kashmir in a gun battle with militants, police say.

The clash occurred in Pulwama district, where more than 40 Indian paramilitary police were killed in a suicide attack on Thursday, raising tensions between nuclear-armed India and Pakistan.

A civilian and two alleged militants were also killed as Indian troops searched for suspects.

Meanwhile Pakistan recalled its ambassador for consultations.

India had already recalled its top diplomat from Pakistan in the wake of Thursday’s attack – in which it said the Pakistani state was complicit.

Pakistan denies any role in the bombing, which was claimed by a group based on its soil – Jaish-e-Mohammad (JeM)

What’s happening in Pulwama?

Police say two militants who were trapped in Pinglena village were killed in Monday’s operation. Both are JeM members and one is a Pakistani national, authorities said.

Heavy gunfire has been heard, and Indian security officials are appealing to villagers to stay indoors.

Police told BBC Urdu that when they fired “warning shots” at the house where the alleged militants were hiding, they fired back. One officer critically injured was taken to hospital.

The owner of the house was killed during the exchange of fire, police added.

Indian security forces have been hunting for militants with suspected links to JeM following Thursday’s bombing, which saw a vehicle packed with explosives ram a convoy of 78 buses carrying Indian security forces.

map

The suicide bomber was identified as a local Kashmiri aged between 19 and 21.

More than 20 people were detained on Sunday, according to police.

How high are tensions?

Kashmir has been a flashpoint between India and Pakistan since independence.

Both countries claim all of Muslim-majority Kashmir but control only parts of it. They have fought two wars and a limited conflict in the region.

Thursday’s attack was the deadliest attack against Indian forces since an Islamist-led insurgency began in 1989. It sparked anti-Pakistan protests in some Indian cities and angry mobs targeted Kashmiri students and businessmen.

Mobile internet services in Indian-administered Kashmir were cut over the weekend and the Indian government has pulled security normally provided to at least five Kashmiri separatist leaders.

Isolated incidents of students from Kashmir being beaten up or evicted from their accommodation in northern Indian states have also been reported.

India’s Central Reserve Police Force (CRPF) offered help to students in need, but also warned of false reports.

In broader terms, there has has been a spike in violence in Indian-administered Kashmir since Indian forces killed a popular militant in 2016. Significant numbers of young men have joined the insurgency in recent years and the funerals of well-known militants draw huge crowds who want to pay respects to “martyrs”.

India has been accused of using excessive force to control protests with thousands of people suffering eye injuries or being blinded by pellet guns.

How might India retaliate?

Indian Prime Minister Narendra Modi, who is facing an election later this year, has vowed a strong response and says he will give the military free rein.

The last time an attack on Indian forces close to this magnitude occurred in Kashmir was in 2016, when 19 soldiers were killed at a base. In response to that, India carried out “surgical strikes” which involved Indian soldiers crossing the de facto border to hit Pakistani posts.

This time analysts say heavy snow in the region could make that kind of limited ground response impossible. But there are fears that going further, for example with air strikes, could lead to Pakistani retaliation and a significant escalation.

So far India has focused on retaliation by economic and diplomatic means. It has revoked Pakistan’s Most Favoured Nation trading status, raised customs duties to 200% and vowed to isolate it in the international community.

Presentational grey line

Despite tensions Pakistan is calm

By Secunder Kermani, BBC Pakistan correspondent

The threat of Indian military action has not provoked widespread concern amongst the general public in Pakistan. Previous attacks by militants like JeM, believed to have close links to the intelligence services, have been seen as attempts by the Pakistani military to prevent the civilian government developing too friendly a relationship with India.

However, since Imran Khan was elected as prime minister here, many have begun to believe both the army and his administration were united in wanting to improve cross border ties.

Whether Pakistan was involved in the attack or not, it seems unlikely concerted action will now be taken against JeM. Its leader has been in “protective custody” since another attack in 2016, but still regularly releases audio messages to followers.

The group has in the past been a useful tool for Pakistan’s intelligence services wanting to foment unrest across the border, and authorities may now be reluctant to confront them, in case they turn against the Pakistani state as some of their members have done in the past.

Source: The BBC

18/02/2019

India asks World Court to order release of man sentenced to death in Pakistan

AMSTERDAM (Reuters) – India asked the World Court on Monday to order the release of an Indian national sentenced to death by Pakistan, saying Islamabad had failed to allow him diplomatic assistance before his conviction, as required by an international treaty.

The hearings at the U.N. court, formally known as the International Court of Justice (ICJ), revolve around the case of Kulbhushan Sudhir Jadhav, a former Indian navy commander who was arrested in Pakistan in March 2016 and convicted of spying.

Hearings in the case, which will run for four days, come at a time of intense tension between the nuclear-armed neighbours, as Indian Prime Minister Narendra Modi has warned of a “strong response” to a suicide attack on a convoy in Kashmir last week that killed 44 Indians.

“It would be in the interest of justice, of making human rights a reality, to direct his (Jadhav’s) release,” said Harish Salve, India’s senior counsel.

Pakistan is due to respond at the ICJ on Tuesday. Officials in Islamabad said ahead of the hearing that India was trying to use the court intended to resolve international disputes as a criminal appeals court. They also said the relief sought by India is disproportionate even if the treaty were violated, and at most Jadhav’s case could be reviewed.

India filed a claim against Pakistan before the ICJ in May 2017 arguing Islamabad had breached the 1963 Vienna Convention by not allowing diplomatic assistance to Jadhav during his secretive trial. India won an injunction that ordered Jadhav’s execution stayed while the court looked into the case.

No date has been set for a ruling, which will likely come months after the close of the hearings.

The ICJ is the U.N.’s highest court, and its decisions are binding — though it has no power to enforce them and they have been ignored in rare instances.

The 1963 treaty has been a frequent source of cases before the ICJ. A 2004 ruling led the United States to review the cases of dozens of Mexican citizens on U.S. death row after they were found not to have been granted consular access.

Source: Reuters
18/02/2019

‘Pakistan using Kulbhushan Jadhav case as propaganda tool,’ India tells UN court

A Pakistani military court sentenced Kulbhushan Jadhav to death in April 2017 on charges of spying and terrorism after having claimed to have arrested him from its restive province Baluchistan in March 2016.

INDIA Updated: Feb 18, 2019 16:50 IST

HT Correspondent
HT Correspondent
Hindustan Times, New Delhi
Kulbhushan Jadhav,Pakistan,propaganda
Former Indian navy officer Kulbhushan Sudhir Jadhav is seen on a screen during a news conference at the Ministry of Foreign Affairs in Islamabad, Pakistan on December 25, 2017. (Reuters)

India on Monday said its national Kulbhushan Jadhav was sentenced to death by a farcical trial by a Pakistan military court without giving him consular access to India in breach of international law and convention.

Senior lawyer Harish Salve, appearing for India at the International Court of Justice that will hear the case for four days, said Pakistan has no substantive defence in the case and hadn’t even divulged fundamental details of the so-called offences for which Kulbhushan Jadhav had been convicted.

The face off comes against the backdrop of the Pulwama terror attack last week. Over 40 CRPF jawans were killed in the suicide bombing in south Kashmir that has led to national outrage and provoked Delhi to scrap the most favoured nation status to Pakistan.

The world court had stayed Jadhav’s execution in a unanimous order in May 2017 after it was approached by New Delhi. India and Pakistan have submitted written pleadings on several occasions last year.

Jadhav, a former Navy officer, had started a business and was reported to be in Iran in this connection when, according to India, he was kidnapped in March 2016. He turned up in Pakistan a few weeks later in custody of the Pakistani military that claimed to have arrested him from Baluchistan and accused him of spying and espionage.

Salve, a former solicitor general, told the UN court that India had sent 13 reminders for consular access to Jadhav on various dates but had received no positive response from Pakistan.

Also Read : Kulbhushan Jadhav’s story amounts to a déjà vu of India-Pakistan diplomatic lows

He told the court that Pakistan also didn’t share any details of the investigation and the alleged “confession” was obtained from Jadhav even before registering an FIR.

“Considering the trauma he (Jadhav) has been subjected to over the past three years, it would be in the interest of justice of making human rights a reality, to direct his release,” Salve told the 15-judge court.

Also Read: Pakistan will present evidence against Kulbhushan Jadhav in ICJ : FM Qureshi

“India seeks relief in declaring that the trial by the military court in Pakistan… hopelessly fails to satisfy even minimum standards of due process and should be declared unlawful,” he said, attacking the Pakistani government to use the case as a means of propaganda.

Pakistan will present its arguments at the ICJ on February 19. India will reply to Pakistan’s argument on February 20. Pakistan will make its closing submission on February 21.

The ICJ is expected to deliver its judgment a few months later.

Source: Hindustan Times

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