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Russian sanctions may weaken dollar’s dominance – IMF

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Factual Pursuit of Truth for Progress

 

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Due to the sanctions imposed by Western countries against Russia, there may be a fragmentation of the global financial system and may likely dilute the US dollar’s dominance in it, Gita Gopinath, the IMF’s first deputy managing director has warned.

The official considers that radical restrictive measures imposed by Western countries after the launch of Russia’s special operation in Ukraine may contribute to the emergence of small currency blocs based on trade between certain groups of states, TASS reports.

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“We are already seeing that with some countries renegotiating the currency in which they get paid for trade,” Gopinath told The Financial Times on Thursday.

“The dollar would remain the major global currency even in that landscape but fragmentation at a smaller level is certainly quite possible,” she noted.

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The human rights chief of the UN, Michelle Bachelet, said, “After well over a decade of intense conflicts that have inflicted great suffering on millions of people, there is a pressing need for work to advance human rights, justice, and genuine reconciliation for the people of the Central African Republic.”

Bachelet delivered her statement on Wednesday at the High-level dialogue on the human rights situation in the Central African Republic, during the 49th session of the Human Rights Council.

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Despite the unilateral ceasefire that was declared by the President on 15 October 2021, the country’s conflicts continue to generate severe violations and abuses of human rights by all parties.

According to OCHA, as a direct result, over 1.4 million people have been forced to flee their homes, and 3.1 million people – 63 per cent of the population – need humanitarian protection and assistance.

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The High Commissioner said, “Never in the past five years have there been so many people in acute need in the Central African Republic. Multiple armed groups have continued to perpetrate serious human rights abuses.

Military operations against these groups by the Government’s security forces, supported by various armed elements and foreign private contractors, have also reportedly resulted in serious human rights violations. Killings, conflict-related sexual violence, and grave violations and abuses against children have been alleged against all parties.”

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During the last three months of 2021, the Human Rights Division of MINUSCA documented 363 incidents of human rights violations, abuses and breaches of international humanitarian law many extremely severe with 848 victims were recorded.

Some 59 per cent of these incidents were attributed to armed groups that were signatories to the Peace Agreement of February 2020. National security forces and their allies were responsible for 40 per cent of incidents a sharp increase from 23 per cent in January 2021.

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Bachelet also said, “In Boyo village in the Ouaka Prefecture, a newly formed pro-government militia, made up of former Anti-Balaka and other recruited youth, allegedly killed 20 people, raped five women and girls, and burned and looted 547 houses in December 2021. Most of the victims were Muslim, and the village appears to have been targeted as a punishment for perceived support for the UPC armed group.”

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Many feared dead as explosion rocks Sabon Gari in Kano (video)

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Many feared dead as explosion rocks Sabon Gari in Kano (video)

Several people are feared killed with others injured in a huge explosion in the Sabon Gari area of Kano State. 

 

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Details of the incident are still sketchy at the time of filing this report but it was gathered that the explosion occurred at about 9am, near a primary school along Court Road by Aba Road, with many children affected .

 

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It was not clear whether it was a case of a bomb blast or as a result of a  gas explosion. 

 

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Meanwhile the police anti bomb unit and several security units have moved  to scene of the incident. 

 

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Details later…

 

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‘It would be massive if Liverpool Win Champions League’ – Jurgen Klopp

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  ?It would be massive if Liverpool Win Champions League? ? Jurgen Klopp

Liverpool manager, Jurgen Klopp has revealed his thoughts towards the possibility of the club winning the Champions League.

The Reds lifted their second trophy of the season last Saturday after beating Chelsea on penalties in the FA Cup final.

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Klopp’s men play Real Madrid next week in the Champions League final and on Tuesday, May 17, they can close the gap between themselves and Manchester City to one point with just one game left in the English premier league.

 

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Speaking ahead of Liverpool’s trip to Southampton on Tuesday, Klopp said: 

“If we play a season like we play and we win the Carabao and fight for the title until the end, I think it’s a good season,” Klopp told TribalFootball

“The FA Cup is a massive competition. It felt great. It takes pressure off and that’s what makes it more enjoyable.

“It would be massive if we win in a few weeks’ time in the Champions League. But we play the most experienced Champions League team on this planet.

“We aren’t massive favourites. It’s an open game and every little advantage we can get is good. They have already won the league already. Between now and then, two massive games.”

 
 

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Johnny Depp hit me on our honeymoon

Johnny Depp hit me on our honeymoon - Amber Heard claims

In continuation of the $50m defamation lawsuit, Actress, Amber Heard has claimed she feared her ex-husband Johnny Depp would accidentally kill her during an alleged assault during their honeymoon.

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Testifying in the defamation case Depp brought against her, Ms Heard, 36, painted a picture Depp as an abuser addicted to drugs and plagued with jealousy and self-harm.

Depp is suing Ms Heard for $50m (£40m) over an article in which she claimed she was the victim of domestic violence .

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Johnny Depp hit me on our honeymoon - Amber Heard claims

The piece did not name Depp but his attorneys, however, have said that the article “incalculably” damaged his reputation and career. She has countersued him for $100m.

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The case being tried in Virginia has resumed for a fifth week, and in previous court hearings Depp had told his side of the story while Heard had begun some of her testimony.

In court on Monday, May 16, Heard tearfully told jurors that she believed she’d likely “not survive” if she had remained married to Mr Depp, 58.

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“I was so scared that it was going to end really badly for me,” she said. “I really didn’t want to leave him. I loved him so much.”

She alleged that he attacked her while aboard the Orient Express train in Asia after their February 2015 wedding, claiming that he struck her and held her by the neck while in their sleeper compartment.

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“He was squeezing my neck against the railway car for what felt like a very long time,” she said.

She said she recalled thinking he could “kill me”.

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“I remember being scared that he wouldn’t mean to do it,” she said.

In another instance, Ms Heard described a “week of hell” after Depp allegedly became jealous because she was offered a role with James Franco. She claimed he punched her and threw her into furniture.

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While Ms Heard said that the marriage was “at times, very loving”, it deteriorated over time to a point in which tension and violence became “almost normal”. They divorced in 2017, after two years.

She also claimed that Depp would frequently self-harm during their arguments.

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“In fights he often would cut his arms or hold his knife to his chest or draw blood, superficially at first,” she said. “He also put cigarettes out on himself.”

Attorney Camille Vasquez, Depp’s lawyer questioned the witness over her prior testimony, questioning why there were so few photos and medical records to back up claims of physical injuries from her alleged beatings.

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Heard countered that she didn’t take photos or videos of the beating because she was embarrassed to be a victim of abuse and “other than my therapist”, she relied on makeup to cover bruises and ice to reduce swelling.

In a heated back-and forth, Ms Vasquez forced Ms Heard to acknowledge that she had “pledged” to donate the entirety of her $7m divorce settlement with Depp to charity but was yet to make any donation.

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She also noted that her client had not once looked Ms Heard in the eye over the course of the trial. “He can’t,” Ms Heard responded.

In his own testimony earlier in the trial, Mr Depp said that he never struck Ms Heard and told jurors that she had a “need” for conflict and violence.

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On Monday, jurors heard a number of audio clips of the former couple arguing. In one clip which Heard can be heard saying she hit Mr Depp.

“I was hitting you. I was not punching you,” she can be heard saying. “You’re not punched.”

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According to Ms Heard, she sometimes “reactively” hit Mr Depp and claimed that she was referring to the “disparity” of their strength.

 

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