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Biden, Xi to address Asia-Pacific leaders on trade, COVID recovery

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November 12, 2021

By Praveen Menon and Shashwat Awasthi

WELLINGTON (Reuters) – U.S. President Joe Biden and Chinese leader Xi Jinping are expected to address leaders of the Pacific Rim late on Friday amid heightened regional trade and geopolitical tensions.

China set the tone for the 21 member Asia Pacific Economic Cooperation (APEC) meeting this week, with Xi warning in a video recording on Thursday that the region must not return to the tensions of the Cold War era.

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The comment was seen as a reference to efforts by the United States and its regional allies to blunt what they see as China’s growing coercive economic and military influence.

Biden is expected to address the gathering that begins midnight New Zealand time, the White House confirmed in a statement, adding he will discuss ongoing efforts to address the COVID-19 pandemic and support global economic recovery.

“The President’s participation demonstrates U.S. commitment to the Indo-Pacific region and to multilateral cooperation,” the statement said.

Chinese foreign ministry has also confirmed that Xi will speak at the meeting via video link.

Xi will take the virtual podium a day after China’s ruling Communist Party approved a rare resolution that amplified his status and authority, bolstering the likelihood of securing an unprecedented third leadership term next year.

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The APEC gathering comes ahead of a much-anticipated online summit between Biden and Xi on Monday, as the super powers look to prevent growing tensions between the world’s two biggest economies from spiralling toward conflict.

APEC is the last multi-lateral meeting of the year and comes after a flurry of gatherings including the high-profile G20 summit in Rome and the COP26 climate meeting in Glasgow, Scotland.

APEC in 2021 was hosted entirely online due to host New Zealand’s hardline pandemic control measures and saw political and business leaders emphasize the need to fight COVID-19, decarbonise economies and grow sustainably.

During a session on Friday, German chancellor Angela Merkel reiterated the importance of vaccinations in the fight against the pandemic. New Zealand Prime Minister Jacinda Ardern then paid tribute to the outgoing chancellor.

The APEC summit will be held in Thailand next year.

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The United States has offered to host the 2023 round of APEC meetings for the first time in over a decade, although a consensus has not been reached on this proposal, officials have said.

Russia’s President Vladimir Putin and Canadian President Justin Trudeau are also expected to speak at the meeting.

(Additional reporting by Steve Holland and Andrea Shalal in Washington; editing by Michael Perry)

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Three missionaries released in Haiti following October kidnapping

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December 7, 2021

By Katharine Jackson

(Reuters) – Three missionaries who were kidnapped in Haiti in October have been released, the U.S. State Department and the Ohio-based missionary group that organized the group’s trip to the Caribbean nation said on Monday.

“We are thankful to God that three more hostages were released last night. Those who were released are safe and seem to be in good spirits,” Ohio-based Christian Aid Ministries said in a statement.

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U.S. State Department spokesman Ned Price on Monday confirmed the release, adding that the United States is continuing to work to secure the release of the others.

Haitian National Police spokesman Garry Desrosiers said the three were released on Sunday night. He declined to give additional details, citing the security of the remaining hostages.

Sixteen Americans and one Canadian, including five children, were abducted after visiting an orphanage. The incident has highlighted Haiti’s dire kidnapping problem, which has worsened in recent months amid economic troubles and political upheaval.

Two other ministry group members were released last month.

(Reporting by Katharine Jackson in Washington; Additional reporting by Gessika Thomas in Port-au-Prince; Editing by Susan Heavey and Matthew Lewis)

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Dutch court to rule on Palestinian’s case against Israeli defence minister

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December 7, 2021

By Stephanie van den Berg

THE HAGUE (Reuters) – An appeals court in the Netherlands rules on Tuesday in a case alleging war crimes against Israeli Defence Minister Benny Gantz, who is blamed by a Dutch Palestinian for the loss of six relatives in an Israeli air strike on Gaza in 2014.

Ismail Ziada filed the civil case against Gantz and another former senior Israeli military official, seeking unspecified damages under Dutch universal jurisdiction rules. His case was thrown out by a lower Dutch court in January 2020.

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Universal jurisdiction allows countries to prosecute serious offences such as war crimes and torture no matter where they were committed.

But the lower court ruled that the principles of universal jurisdiction could be applied for individual criminal responsibility, but not in civil cases.

Ziada appealed, arguing that universal jurisdiction should be applied in civil cases if the alleged conduct involved serious violations of international humanitarian law. He asked the appeals judges to reverse the decision, which effectively granted Gantz immunity from prosecution.

Gantz, a career soldier turned politician, was commander-in-chief of the Israeli armed forces during a war against Palestinian militants in the Gaza Strip in 2014, when the incident took place.

About 2,200 Palestinians are estimated to have been killed, up to 1,500 of them civilians, in the conflict, according to U.N. figures. Ziada said he lost relatives when his family home in Gaza was bombed during a June 2014 Israeli air strike. On the Israeli side, 67 soldiers and five civilians were killed.

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Gaza is controlled by the Palestinian Islamist Hamas movement, regarded by the West as a terrorist organization. Israel says Hamas puts civilians in harm’s way by deploying fighters and weaponry inside densely populated areas of Gaza. 

    Human rights groups have accused both sides of war crimes in the 2014 conflict. The International Criminal Court (ICC) is currently investigating alleged war crimes committed on Palestinian territory since June 2014 by both Israeli defence forces and Palestinian armed groups.

(Reporting by Stephanie van den Berg in The Hague with additional reporting by Jeffrey Heller in Jerusalem; Editing by Anthony Deutsch and Mark Heinrich)

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Global finance system partly to blame for inequality – World Bank’s Malpass

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December 7, 2021

By Andrea Shalal

WASHINGTON (Reuters) – World Bank President David Malpass on Monday said fiscal and monetary policies were operating in “uncharted territory” since the start of the COVID-19 pandemic and may be contributing to a sharp rise in global inequality and poverty.

Malpass told a roundtable hosted by Chinese Premier Li Keqiang the number of people in extreme poverty had increased by over 100 million since the beginning of the pandemic even as global spending has increased to an all-time record.

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Advanced economies have rebounded, while the poorest countries had seen only a weak rebound, or none at all, he said. This was causing “tragic reversals” in median incomes, women’s empowerment and nutrition, he said, and inflation, supply chain bottlenecks, and high energy prices were aggravating these trends.

“Part of the inequality problem is global finance itself and the unequal structure of the stimulus,” Malpass said, noting that prevailing sovereign debt, fiscal and monetary policies were adding to inequality.

Malpass said monetary policy in the advanced economies had long focused on reserve requirement ratios and limited growth in bank reserves to achieve stability in currencies and prices, an approach still used by China.

Other major central banks had switched to a “post-monetarism system” of using very large amounts of excess bank reserves to purchase and hold long-duration bonds and other assets, which he said provided price support for a highly select group of assets.

That approach, he said, excluded small businesses and developing countries, while restraining policy through regulation of liquidity and bank capitalization ratios.

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Fiscal policy was also channeling resources to narrow groups within major borrowers, while leaving others behind, and sovereign debt policies were contributing to inequality.

Malpass repeated his call for greater transparency in debt contracts and a freeze in debt payments for countries with unsustainable debt. He said creditors should move away from collateral and escrow arrangements.

“As one of the largest creditors of developing countries, China’s active participation and strong voice in debt reduction efforts are very much needed and would benefit all participants by encouraging sustainable investment and debt,” he said.

(Reporting by Andrea Shalal; Editing by David Gregorio)

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