Climate cash should also go to nuclear, says UN atomic chief

Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi attends an interview with AFP in Baku on November 12, 2024, during the United Nations Climate Change Conference (COP29). (AFP)
Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi attends an interview with AFP in Baku on November 12, 2024, during the United Nations Climate Change Conference (COP29). (AFP)
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Updated 13 November 2024
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Climate cash should also go to nuclear, says UN atomic chief

Climate cash should also go to nuclear, says UN atomic chief
  • International Atomic Energy Agency (IAEA) chief Rafael Grossi said he wanted countries from Kenya to Malaysia to go for nuclear, while denying he was pushing for an “irresponsible race” toward civil atomic power

BAKU: The head of the United Nations nuclear watchdog said Tuesday that atomic power should also be allowed to tap into climate change funds.
International Atomic Energy Agency (IAEA) chief Rafael Grossi said he wanted countries from Kenya to Malaysia to go for nuclear, while denying he was pushing for an “irresponsible race” toward civil atomic power.

“It should. Already at COP28 in Dubai the international community — not just nuclear countries — agreed that nuclear energy needs to be accelerated.
We need to give ourselves the means to make things happen.
The dialogue with international financial institutions has started in a very positive way. I was at the World Bank this summer, and tomorrow we will meet with the EBRD (European Bank for Reconstruction and Development), as well as the Development Bank of Latin America.
Various financing bodies are beginning to see that markets are pushing in this direction.
We are obviously not a commercial lobby (but) a regulatory agency for everything related to nuclear safety, security, and non-proliferation. We are here to provide assurances and to oversee projects.”

“There are cultural, political and ideological barriers. We are coming out of decades of a negative narrative about nuclear, but it has to happen. I am the first to want to see results straight away.”

“That would be a very good thing. There are many countries — such as Ghana, Kenya and Morocco — that are interested in small modular reactors, for example, and they approach us saying, ‘For us, this would be a good solution.’
Others, like those in Eastern Europe, could benefit from European funding and for whom energy security is crucial in reducing dependency on certain suppliers. So it depends on the model. In Asia, we have Malaysia, the Philippines... countries that genuinely need this.”

“Obviously, the agency does not endorse or promote programs or projects that lack the institutional and technological fabric needed.
We have development models. The United Arab Emirates is a very, very interesting case. It’s a country with financial resources but that initially had absolutely no infrastructure, nuclear regulations etc.
We have established programs for newcomers to guide them step-by-step, through 19 chapters, until they establish nuclear capability.”
That’s what we have done. We are not going crazy, in an irresponsible race toward civil nuclear power. But there are a lot of things we can do.”
 

 


India reviewing crypto position due to global changes, senior official says

India reviewing crypto position due to global changes, senior official says
Updated 02 February 2025
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India reviewing crypto position due to global changes, senior official says

India reviewing crypto position due to global changes, senior official says
  • The review follows crypto-friendly policy announcements by US President Donald Trump
  • It may further delay publication of a discussion paper that was due for release in Sept. 2024

India is reviewing its stance on cryptocurrencies due to shifting attitudes toward the virtual asset in other countries, a senior government official told Reuters on Sunday.
The review, which follows crypto-friendly policy announcements by US President Donald Trump, could further delay publication of a discussion paper on cryptocurrencies that was due for release in September 2024.
“More than one or two jurisdictions have changed their stance toward cryptocurrency in terms of the usage, their acceptance, where do they see the importance of crypto assets. In that stride, we are having a look at the discussion paper once again,” India’s Economic Affairs Secretary Ajay Seth said in an interview.
Seth said that because such assets “don’t believe in borders,” India’s stance cannot be unilateral.
He did not specifically mention the United States, where Trump last week ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to overhaul US crypto policy.
Indians have poured money into cryptocurrencies in recent years despite the country’s tough regulatory stance and steep trading taxes.
India’s Financial Intelligence Unit (FIU) issued show-cause notices to nine offshore cryptocurrency exchanges in December 2023 for non-compliance with local rules.
Binance, the world’s biggest crypto exchange, was hit with a fine of 188.2 million rupees ($2.25 million) in June 2024, a month after it registered with the FIU in an effort to resume operations in the country.
Last year, India’s market watchdog recommended that several regulators oversee trade in cryptocurrencies, in a sign that at least some authorities in the country are open to allowing the use of private virtual assets.
That position stood in contrast to statements by the nation’s central bank, which has maintained that private digital currencies represent a macroeconomic risk.


Afghans push back against international calls for cricket team ban

Afghans push back against international calls for cricket team ban
Updated 02 February 2025
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Afghans push back against international calls for cricket team ban

Afghans push back against international calls for cricket team ban
  • Cricket is considered the most popular sport in Afghanistan, representing hope for many Afghans
  • British lawmakers urge national cricket body to boycott Feb. 26 match against Afghanistan

KABUL: Afghans are pushing back against calls to ban their national cricket team from participating in international competitions, saying such a move would not reverse the Taliban’s increasing restrictions on women in the country.

Regarded as the most popular sport in Afghanistan, cricket has represented a rare bright spot for many as they struggle amid a devastating economic and humanitarian crisis sparked by sanctions slapped on them by the Taliban administration following their takeover in 2021.

Since last month, foreign campaigns calling for Afghanistan’s men’s team to be barred from international matches have been gaining traction as a protest against the Taliban restricting women’s access to education, the workplace and public spaces, as well as sports.

This includes British lawmakers urging the England and Wales Cricket Board to boycott England’s upcoming match against Afghanistan in the ICC Champions Trophy, which is scheduled to take place on Feb. 26.

“There are problems in the country — we can’t deny that — but cricket is certainly not one of them,” Ahmad Nadim, a 23-year-old cricket fan in Kabul, told Arab News.

“The national players were among the first ones to criticize the restrictions on girls’ education and they have continuously voiced their support for Afghan women’s rights. Cricket has been a great source of happiness for Afghans and still continues to be one.”

Despite record-setting performances — including high-profile victories against England, Pakistan, Sri Lanka and Australia — over the last few years, Afghanistan’s place on the world cricket stage has become increasingly controversial.

After the Taliban disbanded the country’s women’s team following their takeover, most squad members fled to Australia, where they reunited for a match just last week.

Though the International Cricket Council requires member nations to have both a men’s and a women’s team, as Afghanistan kept its status as a full member it triggered boycotts from countries like Australia and England, which have refused to play them in bilateral matches.

Human Rights Watch have also called on the ICC to suspend Afghanistan’s membership “until women and girls can once again participate in education and sport” in the country.

In their home country, Afghans are openly opposing the boycotts and are calling for sports to be separated from politics.

“Afghanistan’s cricket team is all supportive of women’s rights to education because education is the foundation of a strong society and development in the country,” Hasti Gul Abid, an Afghan cricketer who has played for the national team, told Arab News.

“Afghanistan’s cricket reached the current stage with a lot of difficulties,” he said. “The people of Afghanistan have been supporting their national team since day one. Our people contributed to the advancement of cricket as much as the players did.”

As the men’s team’s popularity and victories have brought joy across the country on many occasions, some argue that the squad should not be seen as representatives of the Taliban government.

“The cricket team belongs to the whole country and all Afghans. It represents us all, not a specific political or ethnic group,” said 21-year-old Khanzada Shaheen, who plays in a local cricket team in Kabul.

Banning Afghanistan’s cricket team will not change the Taliban’s policies against women, said Lal Pacha, a fruit vendor in Kabul.

“We all want Afghan girls to return to schools and universities but why punish our cricket team for that?” he told Arab News.

“Let’s say the cricket team is banned from playing internationally, will this change the Islamic Emirate’s policy? There’s no logic in the demand for banning the cricket team.”


Man arrested in UK over alleged Qur’an burning

Man arrested in UK over alleged Qur’an burning
Updated 02 February 2025
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Man arrested in UK over alleged Qur’an burning

Man arrested in UK over alleged Qur’an burning
  • Incident took place in Manchester, from where it was live-streamed on social media
  • Man, who held up Israeli flag during broadcast, remains in custody on suspicion of racially aggravated offense

LONDON: A 47-year-old man has been arrested in the UK on suspicion of a racially aggravated offense after a Qur’an was reportedly set on fire.

The incident occurred in the center of the city of Manchester on Saturday and was live-streamed on social media.

It took place in front of the Glade of Light memorial, which was installed to honor the memory of the victims of the 2017 Manchester Arena bombing.

On the live stream, an individual tore out pages of a book appearing to be a Qur’an, before setting fire to each one. He also held up an Israeli flag during the broadcast.

Greater Manchester Police said in a statement that it arrested a man on the same day “on suspicion of a racially aggravated public order offence.” The man, who has not been named, remains in police custody.

Assistant Chief Constable Stephanie Parker said: “We understand the deep concern this will cause within some of our diverse communities and are aware of a live video circulating.

“We made a swift arrest at the time and recognise the right people have for freedom of expression, but when this crosses into intimidation to cause harm or distress we will always look to take action when it is reported to us.”


Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’

Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’
Updated 02 February 2025
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Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’

Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’
  • Trump placed duties of 10 percent on all imports from China, 25 percent on imports from Mexico and Canada
  • Says decision necessary “to protect Americans,” although it could throw global economy into possible turmoil

OTTAWA: Canada’s Prime Minister Justin Trudeau said on Saturday Canada would impose 25 percent tariffs on C$155 billion ($106.5 billion) of US goods in response to tariffs imposed by US President Donald Trump.

C$30 billion would take effect from Tuesday and C$125 billion in 21 days, Trudeau told a news conference.

China also said it “firmly opposes” the new tariffs imposed on Beijing and vowed to take “corresponding countermeasures to resolutely safeguard our own rights and interests.”

Trump earlier signed an executive order imposing 25 percent tariffs on all goods from Canada and Mexico starting on Tuesday except Canadian energy products, which will be subject to a 10 percent duty.

Trudeau warned the tariffs would hurt the United States, a long-time ally. He encouraged Canadians to buy Canadian products and vacation at home rather than in the US.

He said some non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships are being looked at.

Trump also unveiled sweeping measures against China, announcing an additional 10 percent tariff on Chinese imports on top of existing duties.

In a statement on Sunday, China’s commerce ministry slammed Washington’s “erroneous practices,” saying Beijing was “strongly dissatisfied with this and firmly opposes it.”
The ministry said Beijing would file a lawsuit at the World Trade Organization, arguing that “the unilateral imposition of tariffs by the United States seriously violates WTO rules.”

It added that the duties were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation.”

“China hopes that the United States will objectively and rationally view and deal with its own issues like fentanyl, rather than threatening other countries with tariffs at every turn,” the ministry said.

It said Beijing “urges the US to correct its erroneous practices, meet China halfway, face up to its problems, have frank dialogues, strengthen cooperation and manage differences on the basis of equality, mutual benefit and mutual respect.”


Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’

Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’
Updated 02 February 2025
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Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’

Canada announces retaliatory measures against Trump tariffs; China also vows ‘countermeasures’
  • Canada would impose 25 percent tariffs on C$155 billion ($106.5 billion) of US goods, PM Trudeau says
  • China says the duties were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation”

OTTAWA: Canada’s Prime Minister Justin Trudeau said on Saturday Canada would impose 25 percent tariffs on C$155 billion ($106.5 billion) of US goods in response to tariffs imposed by US President Donald Trump.

C$30 billion would take effect from Tuesday and C$125 billion in 21 days, Trudeau told a news conference.

China also said it “firmly opposes” the new tariffs imposed on Beijing and vowed to take “corresponding countermeasures to resolutely safeguard our own rights and interests.”

Trump earlier signed an executive order imposing 25 percent tariffs on all goods from Canada and Mexico starting on Tuesday except Canadian energy products, which will be subject to a 10 percent duty.

Trudeau warned the tariffs would hurt the United States, a long-time ally. He encouraged Canadians to buy Canadian products and vacation at home rather than in the US.

 

 

He said some non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships are being looked at.

Trump also unveiled sweeping measures against China, announcing an additional 10 percent tariff on Chinese imports on top of existing duties.

In a statement on Sunday, China’s commerce ministry slammed Washington’s “erroneous practices,” saying Beijing was “strongly dissatisfied with this and firmly opposes it.”
The ministry said Beijing would file a lawsuit at the World Trade Organization, arguing that “the unilateral imposition of tariffs by the United States seriously violates WTO rules.”

It added that the duties were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation.”

“China hopes that the United States will objectively and rationally view and deal with its own issues like fentanyl, rather than threatening other countries with tariffs at every turn,” the ministry said.

It said Beijing “urges the US to correct its erroneous practices, meet China halfway, face up to its problems, have frank dialogues, strengthen cooperation and manage differences on the basis of equality, mutual benefit and mutual respect.”