GENERAL SAYS ABOUT IRAN STILL SEEKING TO KILL TRUMP

GENERAL SAYS ABOUT IRAN STILL SEEKING TO KILL TRUMP

 

@Jackie San

TEHRAN (FEBRUARY 25, 2023) :An Iranian general warned his country is still seeking to kill former United States President Donald Trump and his secretary of state Mike Pompeo in revenge for assassinating top commander Qasem Soleimani.

 

Tehran has repeatedly vowed to avenge the killing of Soleimani, the head of the Islamic Revolutionary Guard Corps' foreign operations, in a United States drone strike on Baghdad airport in January 2020.

 

" We hope we can kill Trump, Pompeo, (former United States general Kenneth), McKenzie and the military commanders who gave the order" to kill Soleimani, General Amirali Hajizadeh, the Guard's aerospace unit commander, said on television late Friday.

 

Trump had ordered the strike in response to a number of attacks on United States interests in Iraq that his administration blamed on Iran.

 

Days laer, Iran retaliated by firing missiles at a United States airbase in Iraq that housed United States troops. None were killed, but Washington said dozens suffered traumatic brain damage.

 

The United States and its allies have repeatedly expressed concerns about Iran's ballistic missile programme as well as its "DESTABILISING" role in the Middle East.

 

In his televised remarks, Hajizadeh said Iran was " NOW ABLE TO HIT AMERICAN SHIPS AT A DISTANCE OF 2,000 KILOMETRES (1,243 miles)".

 

" We have set this limit of 2,000 kilometres out of respect for the Europeans and we hope that the Europeans show themselves worthy of this respect," the Iranian general said.

 

Today, Iranian state television aired video of what it said was a newly unveiled "PAVEH CRUISE MISSILE WITH A RANGE OF 1,650 KILOMETRES (1,025 MILES)" developed by the Guards.

 

The official broadcaster reported on Friday that Iran was likely to provide Syria with the 15-Khordad surface-to-air missile system to "REINFORCE" its defensive capabilities.

 

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@Jackie San

 

 

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PROPERTY DEBT CRISIS DEEPENS AS MAJOR DEVELOPER DELAYS BOND PAYMENT : VIETNAM

PROPERTY DEBT CRISIS DEEPENS AS MAJOR DEVELOPER DELAYS BOND PAYMENT : VIETNAM 

 

@Jackie San

HANOI, VIETNAM (FEBRUARY 25, 2023): Vietnam's property debt crisis is intensifying as the country's second-largest developer joined the ranks of peers seeking debt extension after failing to repay a bond on time. 

 

No Va Land Investment Group said earlier this week it will delay repayment of a 1 trillion dong ($42 million) note originally due on February 12, 2023 and asked holders for an extension or to convert the principal into its real estate products. The developer said it's seeking to work out a way within two (2) months for it to pay off the debt.

 

Better known as Novaland, the company is a prominent addition to an expanding group of Vietnamese companies tardy with their bond payments. Fifty-four companies- many of them in the real estate sector - were late as of January 31, 2023 up from six the month before, the Hanoi Stock Exchange said.

 

That suggests the cash crunch in the real estate sector is worsening after an anti-graft campaign spooked investors and new bond issuance plunged. With billions of dollars of bonds due this year, the industry's worst triggering a broader crisis for the nation's banking sector and economy.

 

"We believe this is just the beginning, and expect more debt extensions, restructurings and defaults," said Xavier Jean, an analyst at S&P Global Ratings. " We are also watching for contagion effect" that could spill over to companies beyond the construction sector, he said.

 

The Southeast Asian nation's property crisis started last year after officials issued a crackdown on corporate bond issuance following allegations of illegal activities, setting off a series of actions to rectify the property market. That included high-level arrests, inspections of brokerages tied to canceled issuances and an overhaul of the bond industry.

 

Real estate firms have 130 trillion dong of bonds maturing this year (2023), according to a trade ministry publication last week citing estimates by the Ho Chi Minh City Real Estate Assocation.

 

Prior to Novaland's latest announcement, industry peers Tan Hoang Minch Group, van Thinh Phat Holdings Group and Sunshine Group had also sought to extend bond payment deadlines, according to Hanoi Stock Exchange data.

 

Novaland's shares fell 1.7% on Thursday, after plunging 6.6% the previous day.

 

Vietnam's Ministry of Finance proposed a decree amendment that would let companies extend corporate bond maturities by as long as two years to ease a funding shortage, a local newspaper reported in December. The draft revision, which has been submitted to the government, also includes allowing bond principal and interest to be converted into loans or other assets, according to the trade ministry's publication last week.

 

" What will happen next - and whether cross default contagion is to occur or not - will remain as the big concern to the market right now, " according to an investor note by SSI Securities Corp. Wednesday.

 

" What is a must right now is for the issuer to convene a bondholder's meeting to discuss solutions, including redemption, further guarantees, or a waiver of default." 

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QUAKE SURVIVORS STRUGGLE TO FIND SHELTER NEARLY THREE WEEKS ON - TURKEY

QUAKE SURVIVORS STRUGGLE TO FIND SHELTER NEARLY THREE WEEKS ON - TURKEY

 

@Jackie San

ANTAKYA, TURKEY : Omran Alswed and his family are still living in makeshift shelters almost three (3) weeks after the massive earthquake in southern Turkey, having been unable to find a place in an official camp.

 

Nearly two (2) million people left homeless by the quake are being housed in tents, container homes and other facilities in and beyond the region, according to Turkish authorities, but Alswed, 25 years old, said his extended family had not yet benefitted.

 

" Our houses are heavily damaged so we have taken shelter here, in a garden in our neighbourhood, " said Alswed, who studied nursing at Siirt University in southeast Turkey.

 

" The biggest issue is tents. It has been 19 days and we are yet to receive a single tent. We also applied to move into a tent camp but they said the ones nearby are full," he said at a makeshift settlement near the city of Antakya.

 

Alswed was among 60 Syrians, including at least a dozen young children, staying beside the road to Reyhanli town in 11 shelters composed of plastic sheeting, blankets, bricks and chunks of concrete from damaged buildings.

He was speaking after Turkey's Disaster and Emergency Management Authority (AFAD) said overnight that the death toll in Turkey had risen to 44,218, bringing the total including Syria to 50,000.

AFAD said over 335,000 tents have been erected in the quake zone in Turkey and container home settlements were being established at 130 locations. Nearly 530,000 people have also been evacuated from the quake zone.

Alswed said he had been calling official phone numbers and talked to AFAD and other said groups about their situation, including asking for tents, while smaller NGOs have brought canned food, toilet paper and some toys for the children.

Outside Antakya, on the road to the town of Kirikhan, a woman named Ayse was staying in a greenhouse by her damaged home after authorities told her there were no tents available.

" We didn't get a tent, but there are others in worse conditions than us and I want them to get them first. At least we have a greenhouse. I took my children and brought them here," she said, adding that her husband had pulled a sofa out of the house for the children to sleep on.

" We've got supplies, but they said for the moment there is no tent. We are waiting."

 

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SIGNALS FRESH DELAY IN FINLAND, SWEDEN NATO APPROVAL - HUNGARY

SIGNALS FRESH DELAY IN FINLAND, SWEDEN NATO APPROVAL - HUNGARY

 

@Jackie San

BUDAPEST - Hungarian Prime Minister Viktor Orban's chief of staff signalled on Saturday ( February 25, 2023) a possible further delay in Budapest's ratification of Finland and Sweden joining NATO, saying a vote may take place only in the second half of March 2023.

 

Sweden and Finland applied last year (2022) to join the transatlantic defence pact after Russia's full-scale invasion of Ukraine. But all 30 NATO members need to back the applications and Sweden has faced objections from Turkey for harbouring what Ankara considers to be members of terrorist groups.

 

With Hungary's ratification process stranded in Parliament since July, Orban aired concerns about Sweden and Finland's NATO membership for the first time on Friday. Among other criticisms, he has accused both countries of spreading "OUTRIGHT LIES" about the health of democracy and the rule of law in Hungary.

 

Nationalist Orban said more talks were needed between parliamentary groups before lawmakers vote on the membership bids, which they will begin debating on Wednesday.

 

A legislative agenda published on parliament's website this week showed a final vote on the NATO bids could take place in the week of March 06, 2023. However, on Saturday Orban's aide Gergely Gulyas said more time could still be needed.

 

"Parliament will put this on the agenda on Monday and start debating the legislation next week," Gulyas told a news conference.

 

"Based on Hungarian procedure, adopting legislation takes about four weeks, so it follows that parliament can have a vote on this sometime in the second half of March 2023, on the week of March 21."

 

Last July, Orban's lawmakers pushed through legislation overhauling a small business tax hike in just two days.

 

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CLIMATE - RESILIENT AQUACULTURE TO EARN US$12 BILLION IN EXPORTS - VIETNAM 'S

CLIMATE - RESILIENT AQUACULTURE TO EARN US$12 BILLION IN EXPORTS - VIETNAM'S

 

@Jackie San

HANOI, VIETNAM (FEBRUARY 21, 2023) : Vietnam is set to develop a more sustainable aquaculture industry which is expected to expand 4.5 percent year on year, earning US$12 billion in export revenues by 2030, local newspaper Vietnam News reported Tuesday.

 

The Vietnamese government has approved a national programme to bolster aquaculture production, which is vulnerable to climate change and natural disasters.

 

The South-East Asian country will strive to scale up its aquaculture sector in the upcoming years to reach an annual production target of 7 million tons through a number of long-term policy initiatives with a focus on farming infrastructure as well as seed production and supply.

 

According to the Vietnam Association of Seafood Exporters and Producers, aquaculture productivity in Vietnam has increased over the years even though the total water surface area for aquaculture has remained stable.

 

Seafood and other aquatic products, such as farmed pangasius fish and shrimp, are among Vietnam's top exports to China, Europe, Japan, and the United States.

 

However, experts said if no strategy was carried out to mitigate risks from climate change, Vietnam's aquaculture will be hit hard.

 

A World Bank study reported pangasius and shrimp farmers in the Mekong Delta region might suffer income losses of up to 38,000 United States, dollars per hectare by 2050.

 

Besides, Vietnamese farmers will have to pay extra costs to fight against climate change adversity such as raising the height of dikes and building new drainage systems.

 

Hence the program aims to help transform the country's small-scale aquaculture industry, which is likely to be seriously affected by climate change, into a sustainable and climate-resilient production and processing center.

 

Last year (2022), Vietnam's seafood exports hit a record high of nearly 11 billion United States dollars, up 23.1 percent from the year from the year before despite the impacts of the COVID-19 pandemic.

 

Vietnam's agro-forestry-fishery exports posted 53.2 billion United States dollars in revenues on year 2022, accounting for about 75 percent of the country's overall trade surplus, according to the Ministry of Agriculture and Rural Development.

 

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