PHILIPPINES
Kidnapped victims rescued
Police have rescued two kidnapped Chinese mining prospectors and killed one of their abductors in a sting operation in the country’s south, a police spokeswoman said yesterday. Li Defeng, 43, and Yang Liguang, 48, were unharmed when police carried out the operation, which was disguised as a ransom payment drop, regional police deputy spokesperson Zena Panaligan said. The two Chinese were seized at a friend’s home in the remote town of San Francisco on Mindanao Island on Saturday by members of a kidnapping gang that demanded 1 million pesos (US$24,000) in ransom, she said. A Filipino friend of the Chinese men agreed to deliver the ransom money on Monday as part of the sting operation, but the suspects recognized one of the undercover officers and opened fire, Panaligan said. The shootout left one of the suspects dead, while the rest of the gang fled, leaving their two hostages and the ransom untouched, police said.
PAKISTAN
Authorities green-light probe
The government yesterday backed down in a long-running legal wrangle over corruption allegations against President Asif Ali Zardari that has already cost one prime minister his job. Ministers have spent more than two years resisting court orders to write to Swiss authorities to ask them to reopen graft investigations into Zardari, arguing that as head of state, he enjoys immunity from prosecution, but yesterday Prime Minister Raja Pervez Ashraf told the Supreme Court he had instructed the law minister to write to Switzerland to withdraw a letter sent in 2007 by the then-attorney general which asked them to halt probes into Zardari. The allegations against Zardari date back to the 1990s, when he and his late wife, former prime minister Benazir Bhutto, are suspected of laundering US$12 million allegedly paid in bribes by companies seeking customs inspection contracts.
AUSTRALIA
Joint currency a no-go
A monetary union between Australia and New Zealand is not a practical option given the political and economic differences between the two countries, a joint government study said yesterday. A draft report prepared by officials from the countries said the costs of a monetary union, with a common currency and monetary policies, outweighed the benefits. “They imply a loss of autonomy over monetary policy and exchange rate flexibility, which are important tools for macroeconomic stability,” the report said. “Tying New Zealand’s fortunes to Australia’s currency would result in monetary policy being driven by Australian conditions, with decisions made by the Reserve Bank of Australia.” Australia’s economy is around seven times larger than New Zealand and central banks in the two countries have pursued different monetary policies.
GERMANY
Security warning issued
The Federal Office for Information Security is warning of a security breach in Microsoft’s Internet Explorer and recommending people use other browsers until the problem is fixed. The office said in a statement on Monday that the browser’s “weak point is already being used for targeted attacks.” It said the code to attack computers running on Windows XP or Windows 7 operating systems through the browser is freely available online and might therefore spread rapidly. Microsoft Corp’s German division was not immediately reachable for comment.
POLITICAL PRISONERS VS DEPORTEES: Venezuela’s prosecutor’s office slammed the call by El Salvador’s leader, accusing him of crimes against humanity Salvadoran President Nayib Bukele on Sunday proposed carrying out a prisoner swap with Venezuela, suggesting he would exchange Venezuelan deportees from the US his government has kept imprisoned for what he called “political prisoners” in Venezuela. In a post on X, directed at Venezuelan President Nicolas Maduro, Bukele listed off a number of family members of high-level opposition figures in Venezuela, journalists and activists detained during the South American government’s electoral crackdown last year. “The only reason they are imprisoned is for having opposed you and your electoral fraud,” he wrote to Maduro. “However, I want to propose a humanitarian agreement that
ECONOMIC WORRIES: The ruling PAP faces voters amid concerns that the city-state faces the possibility of a recession and job losses amid Washington’s tariffs Singapore yesterday finalized contestants for its general election on Saturday next week, with the ruling People’s Action Party (PAP) fielding 32 new candidates in the biggest refresh of the party that has ruled the city-state since independence in 1965. The move follows a pledge by Singaporean Prime Minister Lawrence Wong (黃循財), who took office last year and assumed the PAP leadership, to “bring in new blood, new ideas and new energy” to steer the country of 6 million people. His latest shake-up beats that of predecessors Lee Hsien Loong (李顯龍) and Goh Chok Tong (吳作棟), who replaced 24 and 11 politicians respectively
Young women standing idly around a park in Tokyo’s west suggest that a giant statue of Godzilla is not the only attraction for a record number of foreign tourists. Their faces lit by the cold glow of their phones, the women lining Okubo Park are evidence that sex tourism has developed as a dark flipside to the bustling Kabukicho nightlife district. Increasing numbers of foreign men are flocking to the area after seeing videos on social media. One of the women said that the area near Kabukicho, where Godzilla rumbles and belches smoke atop a cinema, has become a “real
‘WATER WARFARE’: A Pakistani official called India’s suspension of a 65-year-old treaty on the sharing of waters from the Indus River ‘a cowardly, illegal move’ Pakistan yesterday canceled visas for Indian nationals, closed its airspace for all Indian-owned or operated airlines, and suspended all trade with India, including to and from any third country. The retaliatory measures follow India’s decision to suspend visas for Pakistani nationals in the aftermath of a deadly attack by shooters in Kashmir that killed 26 people, mostly tourists. The rare attack on civilians shocked and outraged India and prompted calls for action against their country’s archenemy, Pakistan. New Delhi did not publicly produce evidence connecting the attack to its neighbor, but said it had “cross-border” links to Pakistan. Pakistan denied any connection to
RSS