Egypt PM submits resignation as President Sisi begins second term | WeForNews | Latest News, Blogs Egypt PM submits resignation as President Sisi begins second term – WeForNews | Latest News, Blogs
Connect with us

World

Egypt PM submits resignation as President Sisi begins second term

Published

on

Abdel Fattah al-Sisi

Cairo, June 6 : Egyptian Prime Minister Sherif Ismail has submitted his government’s resignation to President Abdel-Fattah al-Sisi on Wednesday.

The resignation of PM and the cabinet was submitted three days after Sisi was sworn in at the parliament for a second four-year presidential term., after a landslide election victory.

“The President assigned the government to act as caretaker and continue performing its duties until a new government is formed,” presidential spokesman Bassam Rady said in a statement.

This move was in tandem with the political tradition that the government should resign at the start of the new presidential term.

Sissi and Ismail are known to enjoy a close working relationship, with the general-turned-president often publicly praising his prime minister.

Lawmaker Sayyid Abdel-Aal, head of leftist Tagammu Party, said that the president will name a prime minister and present it to the parliament or name a prime minister after consultation with the majority of the parliament.

Sisi said in a televised address that after next week’s Muslim holiday Eid al-Fitr, Egypt would see “a number of great achievements that will be inaugurated”. He did not say what they would be.

“I have great hope that in two years, you will see Egypt in a different place (God willing),” he said.

Since the election dozens of mostly secular or socialist critics of Sisi have been arrested and are being investigated on charges that include spreading fake news and belonging to illegal or terrorist organisations.

World

Trump taxes are ‘national security’ issue: Nancy Pelosi

Mr Trump departed from decades of tradition among presidents and presidential candidates when he refused to release his federal income tax returns the first time he ran for president in 2016.

Published

on

Trump Speaker PelosTrump Speaker Nancy Pelosii

Washington, Sep 29 : The top-ranked Democrat in Washington has called US President Donald Trump’s alleged tax avoidance a question of “national security”.

The Republican president responded in a series of Twitter posts to a New York Times report that he paid just $750 in federal income taxes in both 2016 and 2017, after years of reporting heavy losses from his business enterprises.

“I paid many millions of dollars in taxes but was entitled, like everyone else, to depreciation & tax credits,” he wrote on Twitter.

“I am extremely under leveraged – I have very little debt compared to the value of assets.”

The Republican president, who will face Democratic rival Joe Biden on Tuesday night for their first presidential debate, said he had “extraordinary assets” and boasted a “very IMPRESSIVE” financial statement.

Mr Trump has hundreds of millions of dollars in debt amid chronic business losses that he uses to avoid paying taxes, the Times reported. It said it has obtained tax-return data covering more than two decades for Mr Trump and his businesses.

Mr Trump’s reported debts raise national security issues, US House of Representatives Speaker Nancy Pelosi said, as the public deserves to know to whom he owes money because it could be used as leverage against him. “To me this is a national security question,” she told MSNBC.

Mr Trump departed from decades of tradition among presidents and presidential candidates when he refused to release his federal income tax returns the first time he ran for president in 2016.

He says it is because he is under audit by the Internal Revenue Service but the agency has said there is no reason he cannot release his taxes while under audit.

Continue Reading

Middle East

UK PM Boris Johnson raises concerns with Turkey’s Erdogan over east Med tensions

Published

on

Boris Johnson

LONDON : UK Prime Minister Boris Johnson told Turkish President Tayyip Erdogan on Monday that he was concerned about tensions in the eastern Mediterranean, welcoming news that Turkey and Greece had agreed to talks, Johnson’s office said in a statement.

NATO allies Greece and Turkey, at loggerheads on a range of issues, have agreed to resume exploratory talks over contested maritime claims following weeks of tension, and U.S. Secretary of State Mike Pompeo was beginning a two-day trip to Greece.

“The Prime Minister expressed his concern about recent tensions in the Eastern Mediterranean. He stressed the need for calm and welcomed the news that Turkey and Greece have agreed to talks,” Johnson’s office said.

Continue Reading

India

India Offers $100 Million Line of Credit To Sri Lanka For Solar Projects

India’s High Commissioner to Sri Lanka Gopal Baglay called on Minister of Power Dullas Alahapperuma and reiterated India’s commitment towards a strong and multi-faceted bilateral partnership including in the power sector, the Indian mission said in a statement.

Published

on

solar plant at Jamia

Colombo: India has offered a Line of Credit worth $ 100 million to Sri Lanka for three solar projects in the country, according to an official statement.

India’s High Commissioner to Sri Lanka Gopal Baglay called on Minister of Power Dullas Alahapperuma and reiterated India’s commitment towards a strong and multi-faceted bilateral partnership including in the power sector, the Indian mission said in a statement.

They discussed various issues of mutual interest including ways to expedite progress on bilateral power projects currently under discussion between the two sides.

The Indian envoy also handed over a copy of a letter conveying an offer from India to Sri Lanka for a Line of Credit (LoC) worth $100 million for three solar projects announced during the International Solar Alliance Founding Conference held in March, 2018 in New Delhi, the statement said.

The LoC will cover financing for rooftop solar systems meant for 20,000 households and 1,000 government buildings all across the island. The combined generation capacity of these rooftop systems will be about 60 MW, it said.

The LoC will also provide financing for a floating solar power plant. The implementation of the LoC will begin with the conclusion of an LoC agreement between the two sides, it said.

The Indian High Commissioner conveyed that the $100 million LoC is in line with the national priorities of India and Sri Lanka to enhance the share of solar and renewable energy in overall energy generation, the statement added.

Continue Reading
Advertisement

Most Popular

Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.