Detained Reuters journalists Wa Lone and Kyaw Soe Oo arrive at Insein court in Yangon, Myanmar. Reuters
Detained Reuters journalists Wa Lone and Kyaw Soe Oo arrive at Insein court in Yangon, Myanmar. Reuters
Detained Reuters journalists Wa Lone and Kyaw Soe Oo arrive at Insein court in Yangon, Myanmar. Reuters
Detained Reuters journalists Wa Lone and Kyaw Soe Oo arrive at Insein court in Yangon, Myanmar. Reuters

Verdict delayed for Reuters journalists in Myanmar


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A Myanmar judge delayed the verdict that had been expected on Monday against two Reuters journalists accused of possessing official documents illegally in a case that has drawn attention to the faltering state of press freedom in the troubled South East Asian nation.

The verdict was postponed to September 3. The judge who announced the delay did not give a reason.

Kyaw Soe Oo and Wa Lone have pleaded not guilty to violating Myanmar's colonial-era Official Secrets Act, which carries a penalty of up to 14 years in prison. They were arrested in December and have been detained since then after being denied bail.

The reporters contend they were framed by police while reporting on Myanmar's brutal crackdown on Rohingya Muslims in the western state of Rakhine that has drawn international condemnation.

About 700,000 Rohingya fled to neighbouring Bangladesh after the crackdown began last August, and Myanmar's army has been accused by human rights groups and UN experts of committing massive human rights violations amounting to ethnic cleansing, and possibly genocide.

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Read more:

The Myanmar journalists risking their lives to report on the Rohingya’s plight 

Jailed Reuters journalists to testify in Myanmar court

Myanmar court charges Reuters reporters with official secrets offence

Editorial: Journalists’ protection is vital in getting to the truth

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The two reporters for the international news agency had been investigating the killing of 10 Rohingya by soldiers, police and Buddhist civilians. In a rare instance of security forces being punished for extra-judicial killings, Myanmar's government later announced that seven soldiers had been sentenced to 10 years in prison with hard labour for the killings.

The government has denied any widespread abuses but continues to restrict access in Rakhine. It insists the crackdown was a justified response to co-ordinated surprise attacks by Rohingya militants that killed dozens of security personnel.

Kyaw Soe Oo, 28, and Wa Lone, 32, both testified to suffering harsh treatment during their initial interrogations. They lost several appeals for bail to be set.

The court also formally charged the reporters even though a police captain called as a prosecution witness during an initial phase of the trial testified that his commander had ordered that documents be planted on the journalists to entrap them.

After his testimony, the police whistleblower, Moe Yan Naing, was jailed for a year for violating police regulations and his family kicked out of police housing.

The documents presented as evidence in court appeared to be neither secret nor sensitive. The reporters testified they did not solicit or knowingly possess any secret documents.

"The evidence before the court is clear: Wa Lone and Kyaw Soe Oo are two honest reporters who did not commit a crime. Imprisoning them for even one more day would be unlawful retribution for their truthful and important journalism," Reuters said after the trial's closing arguments were delivered last week.

The case has dissipated hope for a new era of freedom of expression under the government of Aung San Suu Kyi, whose National League for Democracy party came to power in 2015 after five decades of military control. The case of the Reuters reporters is only the latest under her administration where the courts have aggressively pursued legal charges against dozens of journalists, along with other attempts to suppress and discredit the media.

Earlier this month, US Secretary of State Mike Pompeo called on Myanmar to immediately release the two Reuters journalists.

Mr Pompeo tweeted that he had raised US concerns about the reporters' detainment when he met Myanmar officials on the sidelines of a regional gathering in Singapore.

Sanju

Produced: Vidhu Vinod Chopra, Rajkumar Hirani

Director: Rajkumar Hirani

Cast: Ranbir Kapoor, Vicky Kaushal, Paresh Rawal, Anushka Sharma, Manish’s Koirala, Dia Mirza, Sonam Kapoor, Jim Sarbh, Boman Irani

Rating: 3.5 stars

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

The Lost Letters of William Woolf
Helen Cullen, Graydon House 

Profile of Whizkey

Date founded: 04 November 2017

Founders: Abdulaziz AlBlooshi and Harsh Hirani

Based: Dubai, UAE

Number of employees: 10

Sector: AI, software

Cashflow: Dh2.5 Million  

Funding stage: Series A

The specs: 2018 Dodge Durango SRT

Price, base / as tested: Dh259,000

Engine: 6.4-litre V8

Power: 475hp @ 6,000rpm

Torque: 640Nm @ 4,300rpm

Transmission: Eight-speed automatic

Fuel consumption, combined: 7.7L / 100km

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The years Ramadan fell in May

1987

1954

1921

1888

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The Vines - In Miracle Land
Two stars

The specs: 2018 Ford Mustang GT

Price, base / as tested: Dh204,750 / Dh241,500
Engine: 5.0-litre V8
Gearbox: 10-speed automatic
Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm​​​​​​​
​​​​​​​Fuel economy, combined: 10.3L / 100km

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Third Test

Result: India won by 203 runs

Series: England lead five-match series 2-1

Match info

Liverpool 4
Salah (19'), Mane (45 2', 53'), Sturridge (87')

West Ham United 0

Salah in numbers

€39 million: Liverpool agreed a fee, including add-ons, in the region of 39m (nearly Dh176m) to sign Salah from Roma last year. The exchange rate at the time meant that cost the Reds £34.3m - a bargain given his performances since.

13: The 25-year-old player was not a complete stranger to the Premier League when he arrived at Liverpool this summer. However, during his previous stint at Chelsea, he made just 13 Premier League appearances, seven of which were off the bench, and scored only twice.

57: It was in the 57th minute of his Liverpool bow when Salah opened his account for the Reds in the 3-3 draw with Watford back in August. The Egyptian prodded the ball over the line from close range after latching onto Roberto Firmino's attempted lob.

7: Salah's best scoring streak of the season occurred between an FA Cup tie against West Brom on January 27 and a Premier League win over Newcastle on March 3. He scored for seven games running in all competitions and struck twice against Tottenham.

3: This season Salah became the first player in Premier League history to win the player of the month award three times during a term. He was voted as the division's best player in November, February and March.

40: Salah joined Roger Hunt and Ian Rush as the only players in Liverpool's history to have scored 40 times in a single season when he headed home against Bournemouth at Anfield earlier this month.

30: The goal against Bournemouth ensured the Egyptian achieved another milestone in becoming the first African player to score 30 times across one Premier League campaign.

8: As well as his fine form in England, Salah has also scored eight times in the tournament phase of this season's Champions League. Only Real Madrid's Cristiano Ronaldo, with 15 to his credit, has found the net more often in the group stages and knockout rounds of Europe's premier club competition.

Company%20profile
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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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