A senior Iranian diplomat says the Islamic Republic has put a “step-by-step” withdrawal from the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), on the agenda.

“We have not left the JCPOA so far, but we have put such a move on our agenda and that would happen step-by-step,” Iranian Deputy Foreign Minister for Political Affairs Abbas Araqchi said in an interview on Wednesday.

“No country can accuse Iran of breaching or leaving the nuclear deal,” the diplomat noted, adding that all the measures Tehran has adopted so far, including Wednesday’s move, has been within the deal’s framework.

The ambassadors of the countries remaining in the nuclear deal — France, Britain, Germany, Russia and China — on Wednesday received a letter penned by Iranian President Hassan Rouhani elaborating the suspension of some of Iran’s commitments under the accord, officially called the JCPOA.

The letter was handed over by Araqchi to the ambassadors of the five countries, who had been invited to the Foreign Ministry. The document specifies the details of the decision taken by Iran’s Supreme National Security Council, which is chaired by Rouhani himself.

The document says Tehran has exercised utmost self-restraint and patience since Washington’s exit from the deal last May, and has given the remaining signatories “considerable” time at their own request to compensate for Washington’s withdrawal and guarantee Iran’s interests.

Nevertheless, the other parties have failed to adopt any “practical measures” to blunt the impact of the economic sanctions that were re-imposed against Tehran by the US following its withdrawal, the statement said.

The Islamic Republic is thus entitled to restore the balance between its rights and obligations under the JCPOA, and has no option but to “reduce its commitments” within the framework of the deal, it added.

At the current stage, the statement said, Iran will no longer consider itself committed to the limits agreed under the deal on its stocks of enriched uranium and heavy water stocks.

Under the JCPOA, Iran is allowed to keep 300 kilograms of uranium enriched up to 3.67 percent. The deal requires Tehran to sell off any enriched uranium above the limit on international markets in return for natural uranium.

Tehran’s stock of heavy water is also restricted to 130 tonnes under the deal, which also calls for Iran’s excess heavy water to be sold to a foreign buyer.

The council has given Iran’s partners in the deal “60 days to meet their commitments, especially in the banking and oil sectors,” said the statement.

If they fail to address Iran’s concerns, Tehran will suspend the implementation of two more commitments under the JCPOA, according to the statement.

In the next stage, Tehran will no longer be bound by its commitment to enrich uranium up to 3.67 percent and will also begin developing its Arak heavy water reactor based on its pre-JCPOA plans, it added.

Source: Presstv

The U.S. military is training Cameroon’s military on first aid techniques and medical evacuation in order to reduce battlefield deaths. Cameroon estimates that one-fourth of all soldiers killed fighting separatists and Boko Haram terrorists could have been saved with better care.

Twenty-nine-year-old soldier Poumje Amidou has been getting treatment for fractures since last October at the military hospital in Yaounde.

Amidou said he barely escaped death when separatist fighters attacked his base, leaving one of his colleagues dead and two others wounded.

He said what he remembers is that he bled profusely and had serious wounds on his left leg, stomach and right arm.

Amidou’s life was saved when a Cameroon military helicopter rushed him to the hospital.

But others were not so lucky.

In recent years, about 117 soldiers have died from wounds that would not have been fatal had they received the correct first aid, according to Cameroon’s military.

That’s about one-fourth of all Cameroonian military deaths in the battles against English-speaking separatists and the Nigerian militant group Boko Haram.

Better care for the wounded

U.S. military advisers are working to prevent future deaths by training soldiers to provide better care for the wounded.

Major Mommearts, who did not give his first name, is one of the U.S. trainers.

He said the course on MEDEVAC – medical evacuation – includes evacuating casualties by air, known as CASEVAC.

“We talked about the different levels of CASEVAC, so you have your own legs, you can move the patient yourself, you have different pack bones that they can use. Make sure they are not bleeding while they are being transported.”

In February, the U.S. announced it was cutting some security assistance to Cameroon following allegations that Cameroon’s military was committing human rights violations.

The U.S. says despite the reduction in military aid, relations between the two countries are good.

The director of Cameroon’s military health, Colonel Abeng Mbozoo, said those ties are shown by the U.S. medical training.

He said the training is an indication that military cooperation between the U.S. and Cameroon is excellent. That is the reason the U.S. military has come to train their Cameroonian peers, said, Mbozoo, to save lives and prevent deaths in different battle grounds.

Thirty Cameroonian military staff received the U.S. training this week and will pass on the knowledge to their colleagues.

Source: VOA

United States President Donald Trump has granted full pardon to a former soldier who was convicted of killing an Iraqi prisoner.

Michael Behenna, who was sentenced to 15 years for the killing of Iraqi prisoner Ali Mansur Mohamed, was pardoned on Monday, according to a White House statement.

“Mr. Behenna’s case has attracted broad support from the military, Oklahoma elected officials, and the public,” read the statement.

The White House said that more than two-dozen generals and admirals, along with numerous Oklahoma officials, had expressed support for Behenna, an Oklahoma native.

The statement said that Behenna had been “a model prisoner.”

The move came specifically after Oklahoma Attorney General Mike Hunter petitioned the Trump administration to pardon the convicted soldier.

Behenna deployed to Iraq as an army ranger of the 101st Airborne Division at the height of the US troop surge in the country. He led an infantry platoon of 18 men.

Following a deadly roadside bomb on a three-truck convoy, which Behenna was accompanying, north of Baghdad, Mansur was apprehended as a suspected al-Qaeda militant who may have helped carry out the attack.

Mansur was interrogated by the military but ultimately freed due to lacking evidence proving he had any role in the attack.

Behenna was ordered to transport Mansur back to his village to set him free.

The US soldier, however, decided to further “interrogate” Mansur. Behenna ultimately stripped the prisoner naked, interrogated him without authorization and killed him by shooting him twice.

“I stripped him naked to intimidate him,” Behenna later said about the ordeal during his trial.

“I told him I wanted more intelligence on local leaders of al-Qaeda, and that I wanted him to tell me about his stops in Saudi Arabia and Syria, and the [roadside] bomb explosion. But he kept saying, ‘I don’t know. I don’t know.’ ”

Behenna killed Mansur by shooting him in the chest and head.

During court-martial, Behenna claimed that he had been protecting himself after the prisoner tried to grab his gun while being interrogated.

The Army, however, believed that the argument couldn’t be valid because Behenna had already been pointing his weapon at the prisoner before Mansur could’ve reached for his gun.

Behenna was consequently found guilty of unpremeditated murder in a combat zone and was sentenced to 25 years in prison in 2009. The US Army Clemency and Parole Board reduced the sentence to 15 years a year later.

Five years ago, Behenna was given parole and started working in a ranch.

The US invasion of Iraq was carried out in 2003 under the pretext that the regime of Saddam possessed weapons of mass destruction (WMD). No such weapons, however, were ever found in Iraq.

More than one million Iraqis were killed as a result of the occupation and the subsequent occupation of the country, according to the California-based investigative organization Project Censored.

The deteriorating security situation caused by the US occupation also lead to a surge of terrorism-related violence in the country, ultimately giving way to the formation of the Daesh Takfiri terrorist group.

Source: Presstv

Sri Lanka’s police have announced that all the assailants involved in the deadly bomb attacks in the country last month have either been killed or arrested.

At least 257 people were killed and hundreds of others wounded as a series of bomb attacks hit churches and luxury hotels in Sri Lanka on April 21.

Police chief Chandana Wickramaratne said in an audio statement that the dead militants included “two bomb experts.”

“We have seized the explosives they had stored for future attacks,” he added.

Wickramaratne — who was appointed by President Maithripala Sirisena as acting police chief last week after his predecessor was suspended over his failure to act on warnings about the attacks — said public life was slowly returning to normal with the lifting of curfews imposed after the bombings.

Public schools were reopened on Monday, but attendance fell to below 10 percent in many places amid fears of further attacks.

“We have strengthened security for all schools,” Wickramaratne stressed, adding, “We are also conducting a program to create awareness about safety and security in all schools.”

Wickramaratne did not specify the number of those detained over the attacks, but police spokesman Ruwan Gunasekera said on Monday that 73 people, including nine women, were being held.

The local group National Thowheeth Jama’ath (NTJ) has been blamed for the Easter Sunday attacks, but the Daesh terrorist group has also claimed the bombings.

Meanwhile, police said religious tensions have eased at the town of Negombo, north of Colombo, which suffered the highest death toll in the April 21 attacks.

The Roman Catholic Church appealed for calm after Christians attacked dozens of Muslim-owned businesses, homes, and vehicles in the town on Sunday night. Two people were reportedly arrested.

Source: Presstv

Cameroon needs a rapid and deep-rooted effort to tackle a crisis of violence that has erupted in several areas of the country, U.N. human rights chief Michelle Bachelet said on Monday at the end of a visit to the West African country.

Violence has spilled over Cameroon’s borders from Nigeria, Chad and Central African Republic, while crackdowns on separatists in the southwest and Islamists in the northeast have caused long-running tensions to flare up, the U.N. has said.

Bachelet said the situation could spiral out of control and the challenges are immense, with ten or more separatist movements.

“I believe there is a clear – if possibly short – window of opportunity to arrest the crises that have led to hundreds of thousands of internally displaced people, as well as the killings and brutal human rights violations and abuses that have affected the northern and western areas of the country,” she said in a statement. “It will take significant actions on the part of the government, and substantial and sustained support from the international community – including us in the U.N.”

Cameroon was among the most settled countries in the region until a few years ago, but now villages have been burnt, civilians killed and mutilated, with children abducted and forced to join armed groups or used as unwitting suicide bombers.

Bachelet took part in three days of talks in Yaounde, including an in-depth discussion with President Paul Biya, and offered to help ensure that military operations respect human rights, which the statement said would help to win popular trust.

“If they fail to do that, they will not defeat an enemy that thrives on civilian mistrust of the authorities,” Bachelet said. “In the meantime, the civilians trapped between these two powerful, if asymmetric, opposing forces are increasingly vulnerable to lethal abuses and violations by both sides.”

She said the government had told her about steps to ensure that crimes committed by the armed forces are punished.

“This particular issue is damaging Cameroon’s international standing and undermining international support for efforts to combat the armed groups operating on its territory,” she said.

Source: Reuters

The United States is sending an aircraft carrier strike group and a bomber task force to the Middle East in a “clear and unmistakable” message to Iran, declared John Bolton, the hawkish US national security advisor.

“The United States is deploying the USS Abraham Lincoln Carrier Strike Group and a bomber task force to the US Central Command region,” Bolton said in a Sunday statement.

The move, he said, is aimed at sending a “clear and unmistakable message” to Iran that “any attack on United States interests or on those of our allies will be met with unrelenting force.”

Bolton said the decision was “in response to a number of troubling and escalatory indications and warnings.”

He said the US “is not seeking war” with Iran, but it is “fully prepared to respond to any attack”, whether by proxy, the Islamic Revolution Guards Corps (IRGC) or regular Iranian forces, Bolton said in a statement.

Bolton did not provide any further details, but a US official said the forces “have been ordered to the region as a deterrence to what has been seen as potential preparations by Iranian forces and its proxies that may indicate possible attacks on US forces in the region.”

The official, speaking on the condition of anonymity, said the United States was not expecting any imminent attack on US forces, Reutersreported.

The move by the US comes as it had earlier vowed to cut Iran’s oil exports down to zero, prompting Tehran to warn that it will not allow any other country to export oil through the Strait of Hormuz if Tehran cannot sell its crude.

Meanwhile, the deployment seems to be a “regularly scheduled” one by the US Navy, and Bolton has just tried to talk it up.

Back on April 8, the USS Abraham Lincoln Carrier Strike Group (ABECSG) Public Affairs announced that the Strike Group has departed a naval station in Virginia on April 1 for “a regularly scheduled deployment.”

Therefore, what Bolton describes as a “response” to Iran’s warning does not seem to be genuine, as the ABECSG started its mission long before Iran’s warning.

Back on Saturday, Iranian Foreign Minister Mohammad Javad Zarif said Iran does not seek to escalate tensions with the United States, but it will not let Washington disrupt the security of Persian Gulf, the “lifeline of Iran”.

“We have been very clear that we have no interest in escalation,” Zarif said in an exclusive interview with Al Jazeera TV.

“We have been clear that the Persian Gulf and the Strait of Hormuz are our lifeline. We depend on them for our livelihood, and we want them safe, secure, and free for navigation of all countries, including Iran,” he said.

“As we have stated before, Iran won’t permit the US to threaten the Persian Gulf,” the foreign minister added.

Last Sunday, Iran’s top military commander said Iran wants the strait — through which nearly one-third of all oil traded by sea passes — to remain open and secure, warning that the country will not allow anyone to destabilize the waters.

“As oil and commodities of other countries are passing through the Strait of Hormuz, ours are also moving through it,” said Chairman of the Chiefs of Staff of the Iranian Armed Forces Major General Mohammad Baqeri.

Iran “will definitely confront anyone who attempts to destabilize the Strait of Hormuz, and if our crude is not to pass through the Strait of Hormuz, others’ [crude] will not pass either.”

The Iranian commander explained, “This does not mean [that we are going to] close the Strait of Hormuz. We do not intend to shut it unless the enemies’ hostile acts will leave us with no other option. We will be fully capable of closing it on that day.”

The US administration said in a statement on April 22 that buyers of Iranian oil must stop their purchases by May 1 or face sanctions. The move ended six months of waivers, which allowed Iran’s eight biggest buyers — Turkey, China, Greece, India, Italy, Japan, South Korea and Taiwan — to continue importing limited volumes.

Source: Presstv

US President Donald Trump has contradicted his national security team on pushing for a military intervention against Venezuela, saying he and his Russian counterpart Vladimir Putin share the goal of a peaceful end to the crisis in the Central American nation.

“He is not looking at all to get involved in Venezuela, other than he’d like to see something positive happen for Venezuela, and I feel the same way. We want to get some humanitarian aid. Right now people are starving,” Trump told reporters on Friday.

Trump’s reference to Russia’s hands-off approach towards Venezuela stands in contrast to insistence by his Secretary of State Mike Pompeo that Russia is part of the problem in Caracas. Pompeo claimed earlier last week that President Nicolás Maduro was about to flee Venezuela until Russia persuaded him to stay.

In its description of the Trump-Putin conversation, the Kremlin said Putin stressed the need to respect Venezuelans’ right to determine their own future. He told Trump that outside interference in internal affairs and attempts at forceful regime change in Caracas undermine the prospects for a political settlement of the crisis.

Trump’s statement came shortly after acting Defense Secretary Patrick Shanahan and other senior officials, including his National Security Adviser John Bolton, reviewed options following a failed effort earlier in the week by Venezuelan opposition leaders to fuel an uprising.

Bolton signaled support last week for military intervention in Venezuela to oust embattled Maduro, a move that would pose a challenge for Trump, who has so far indicated a preference for and campaigned on scaling down existing military conflicts and avoiding new ones, according to local press reports.

While Trump has also emphasized that all options are on the table for Venezuela, Bolton has become the public face of any military campaign. On Friday, Bolton met with Pompeo and Shanahan at the Pentagon to discuss the situation in the Latin American nation.

“We want as our principle objective the peaceful transfer of power, but I will say again as the president has said from the outset … all options are on the table,” Bolton told reporters outside the White House on Tuesday when the street protests were underway.

A day later, Pompeo further told Fox Business Network that if military action is required, “that’s what the United States will do.”

Shanahan told reporters on Friday that he, Bolton and Pompeo were briefed that day by US Southern Command chief Adm. Craig Faller on his observations in the region.

“And then we went through a number of the … options that we have,” Shanahan said.

He, however, declined to provide details and gave no indication they made decisions to take any military action.

“We have a comprehensive set of options tailored to certain conditions, and I’m just going to leave it at that,” he said. Pressed to say whether the options include direct military intervention, he said, “I’ll leave that to your imagination. All options are on the table.”

The Friday session highlighted Trump administration’s effort to suggest the possibility of a military action, intending to increase public pressure on Maduro, though local press reports indicate that there appears to be little likelihood of direct US military intervention.

US claims Russia, China, Iran involved in Venezuela

Asked whether Venezuela poses a national security threat to the US that would justify using a military force, Shanahan then claimed that Russia, China and Iran are involved in Venezuela.

He then added, “Right now it’s about Maduro and his illegitimate regime, and Guaidó and making sure that the people of Venezuela have the environment and the conditions to correct for all these humanitarian shortcomings.”

Veteran Republican Senator Lindsey Graham of South Carolina also wrote on Twitter, “Where is our aircraft carrier?” Asked to comment on that suggestion, Shanahan told reporters, “All (options) would include all.”

Reacting to the failed US-backed coup in Venezuela, Pompeo told Fox News on Thursday: “The military didn’t fracture in the way that we would hope, but it’s just a matter of time.”

“It’s the case that Maduro may rule for a little while longer, but he’s not going to govern. Structurally, there’s no way he stays in power. It’s time for him to leave, and we need the Cubans and the Russians to follow him out the door.”

Also attending the Faller briefing were Director of National Intelligence Dan Coats, Acting White House Chief of Staff Mick Mulvaney, and Marine Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff.

Source: Presstv

The UN Security Council will hold a first informal meeting on Cameroon this month to discuss a worsening humanitarian crisis that has left three million people struggling for food.

The United States is organizing the May 13 meeting after persuading African countries on the council to drop their initial reluctance to talks on the two-year separatist conflict in Cameroon’s west.

South Africa, a non-permanent council member, had expressed reservations, arguing that the African Union was leading the international response to the crisis, according to diplomats.

“It’s long past time for the Security Council to address what’s going on in Cameroon, where we’re seeing a devastating humanitarian crisis,” a spokesperson for the US mission to the United Nations said Saturday.

“We hope this meeting will draw more attention to this disaster and encourage a more robust regional and international response by member states, the UN, and civil society in order to prevent the situation from deteriorating even further.”

Cameroon is wracked by a conflict between separatists and government forces in its English-speaking west, combined with an influx of refugees from the Central African Republic and Nigeria.

More than one in six people in Cameroon — 4.3 million — need humanitarian aid, an increase of 30 percent from 2018, according to UN aid officials.

The meeting will have a particular focus on the separatist conflict, according to a note sent by the US to the council on Friday and seen by AFP.

More than 560,000 people have been driven from their homes since 2017 including 32,000 who have fled to Nigeria, the note said.

– Starving children –

Rights groups have accused the United Nations of ignoring the conflict in Cameroon, where separatists in English-speaking regions are pushing for independence from the majority French-speaking country.

The government has responded with a crackdown, deploying thousands of soldiers.

More than 200 members of the security forces and at least 500 civilians have been killed, according to figures from the International Crisis Group think-tank.

Cameroon is also reeling from the spillover violence in neighboring Nigeria, which is battling Boko Haram insurgents and from ongoing turmoil in the Central African Republic.

Three million people are in need of food aid, tens of thousands of children are out of school and 220,000 children are suffering from acute malnutrition, according to the US note.

In February, the government and aid groups launched an appeal for $299 million to fund humanitarian needs, but only 11 percent of that amount has been raised.

“Cameroon has not witnessed a humanitarian emergency at such a scale, and the causes of the different crises are but intensifying,” said the UN’s humanitarian coordinator for Cameroon Allegra Baiocchi in late April.

Source: Daily Mail

The IMF is doling out another $77 million to Biya’s government without mentioning his killings in SW and NW nor that he lives, on the cash, in Geneva. Here is the announcement; “An International Monetary Fund (IMF) team, led by Ms. Corinne Deléchat, visited Yaoundé during April 23—May 3, 2019 to conduct discussions on the fourth review of the program supported by the Extended Credit Facility (ECF)[1] that was approved in June 2017 .  At the conclusion of this visit, Ms. Deléchat issued the following statement:  “The IMF team reached staff-level agreement with the authorities on economic and financial policies that could support approval of the fourth review of their three-year program under the ECF.

 The IMF Executive Board could consider the fourth review in late June 2019. The completion of the fourth review would enable a fifth disbursement of SDR 55.2 million (about US$ 76.5 million).  “Overall economic growth is estimated to have reached 4 percent in 2018, from 3.5 percent in 2017, mostly owing to a lower contraction in the oil and gas sector than anticipated. Non-oil activity is estimated to have remained robust at 4.4 percent in 2018, driven by projects related to the African Cup of Nations (CAN), strong external demand for forestry products and expanding financial services. Inflation remains low but is trending up from 0.8 percent in 2017 to 2.3 percent in March 2019 (y/y) mainly owing to higher food prices and with strong regional variations.

Budget execution in 2018 was broadly as envisaged under the program, but with stronger-than-envisaged revenue mobilization and higher expenditures, notably on public investment. In spite of ample financing, government net deposits at the BEAC declined by 0.5 percent of GDP as the authorities made large payments during the last quarter on unexecuted payment orders of previous years. Structural reforms are moving ahead, albeit with slower progress on already-delayed structural benchmarks in the financial sector.  “ The authorities are reprofiling the 2019 budget to take into account higher projected revenue and fully incorporate spending needs related to the forthcoming elections and fuel subsidies, while keeping the overall deficit anchored at 2 percent of GDP .

The revised budget also allows for accelerated implementation of ongoing foreign-financed investment projects based on a well-prioritized disbursement plan. In turn, higher external financing will allow the rebuilding of fiscal buffers and payment of the expenditure float accumulated at end-2018. The authorities continue to strengthen transparency and controls in budget implementation. Resort to exceptional spending procedures will decline and a decree establishing a budget calendar including a reduction of the complementary period to one month will be adopted. The laws transposing the four remaining CEMAC Directives on public financial management are being finalized.”  “The medium-term outlook remains positive, with growth expected to gradually increase to 4.2 percent in 2019 owing to higher projected oil production. Finalization of the projects related to the 2021 CAN and coming on stream of large energy and transport infrastructure projects should boost medium-term growth to about 5-5 ½ percent of GDP. Fiscal consolidation over 2019-21, together with enhanced foreign exchange repatriation will support a continued rebuilding of BEAC reserves. Structural reforms to increase investment efficiency, reduce contingent liabilities of public enterprises and support private sector development will support the growth outlook going forward.

  “The team met with Prime Minister Joseph Dion Ngute, Minister of State Secretary General at the Presidency Ferdinand Ngoh Ngoh, Minister of Finance Louis Paul Motaze, Minister of Economy, Planning, and Regional Development Alamine Ousmane Mey, BEAC Governor Mahamat Abbas Tolli, BEAC National Director Jean-Marie Mani, and other senior officials. The mission also met representatives of the diplomatic and donor communities.”  “The team wishes to thank the Cameroonian authorities for their hospitality, cooperation, and the constructive dialogue.'” We’ll have more on this. On December 17 the International Monetary Fund announced more money to Paul Biya’s government, while not answering Inner City Press question about Biya losing the African Cup of Nations on which the IMF relied. The December 17 announcement: “The Executive Board of the International Monetary Fund (IMF) today completed the third review of the arrangement under the Extended Credit Facility (ECF) Arrangement for Cameroon. The completion of the review enables the disbursement of SDR 55.2 million (about US$76.3 million), bringing total disbursements under the arrangement to SDR317.4 million (about US$438.9 million).

In completing the third review, the Executive Board also approved the authorities’ request for a waiver for the non-observance of the performance criterion on the ceiling on net BEAC financing and the modification of two performance criteria pertaining to the ceiling on net borrowing of the central government from the central bank, excluding IMF financing, and the continuous performance criterion on new non-concessional external debt contracted or guaranteed by the government.

Cameroon’s three-year arrangement for SDR 483 million (about US$667,8 million, or 175 percent of Cameroon’s quota), was approved on June 26, 2017 (see Press Release No.17/248 ). It aims at supporting the country’s efforts to restore external and fiscal sustainability and lay the foundations for sustainable, inclusive and private sector-led growth.

Following the Executive Board discussion, Mr. Mitsuhiro Furusawa, Deputy Managing Director and Acting Chair, made the following statement:

“Cameroon’s performance under its ECF-supported program is broadly satisfactory. Most end-June 2018 targets have been met and structural reforms have advanced, with completion of key delayed financial sector reforms.

“The authorities remain committed to the concerted regional effort to rebuild CEMAC’s fiscal and external buffers. To that end, addressing revenue shortfalls and containing investment spending will be key to reaching the 2018 deficit target. Steadfast implementation of the 2019 budget, including measures to mobilize non-oil revenue by gradually removing exemptions and further spending rationalization will be essential to mitigate the risks from the challenging security situation, increasing commodity price volatility and other shocks to growth.

“Public external debt has increased rapidly in 2018, mainly owing to faster-than-envisaged disbursements of foreign project loans. Strictly limiting new non-concessional borrowing and addressing the stock of contracted but undisbursed loans are essential to maintain debt sustainability. Gradual adjustments in administered prices would help reduce subsidies and restore the financial viability of key public utility companies, while lowering risks from contingent liabilities.

“Financial sector reforms should continue to advance, including effective resolution of ailing banks and reduction of overdue loans. Other structural reforms should focus on tackling governance issues and improving the business environment to support private investment and enhance competitiveness.

“Cameroon’s program continues to be supported by the implementation of supportive policies and reforms by the regional institutions in the areas of foreign exchange regulations and monetary policy framework and to support an increase in regional net foreign assets, which are critical to the program’s success.” Inner City Press last week – when the IMF did answer it on Yemen and Haiti – asked, “On Cameroon, gives the IMF’s references and reliance on the 2019 African Cup of Nations (CAF) football tournament which has now on November 30 been stripped from the country, what is the IMF’s comment and modified estimates on this development in Cameroon and the IMF’s program there?” We are still waiting, as as the IMF on December 17 answered when Inner City Press asked, ” I wanted to ask for IMF’s response, if you can, to this sent to Inner City Press from South Africa, that for her visit here there are no public events scheduled (?), and an information void? Substantively, does the IMF have a view of these loans / trends:

·        in 2013, $5 billion from the China Development Bank, mainly for Transnet’s purchase of imported infrastructure inputs, especially for corrupt port-petrochemical expansion in Durban and a coal export rail line to Richards Bay (billions of rands were illicitly directed via China South Rail to the Gupta empire); and

·        in 2016, $5 billion again from the China Development Bank, mainly for Eskom’s other coal-fired mega-generator, Kusile, initially arranged by Molefe and renewed at the BRICS Sandton summit last July.” The IMF answered, “Dear Matthew, Thank you for your question. Please be advised that Ms. Christine Lagarde, IMF Managing Director, will hold a press briefing with Mr. Lesetja Kganyago, Governor of the South African Reserve Banks, on Wednesday at 4 pm SA time (SARB premises). You will receive a media advisory tomorrow with further details.” Watch this site.  Back in October the IMF published this blithe report on Cameroon: “An International Monetary Fund (IMF) team, led by Ms. Corinne Deléchat, visited Yaoundé during November 5-13, 2018 to conduct discussions on the third review of the program supported by the Extended Credit Facility (ECF) that was approved in June 2017.

At the end of this visit, Ms. Deléchat issued the following statement:
“The IMF team reached staff-level agreement with the authorities on economic and financial policies that could support approval of the third review of their three-year program under the ECF. The IMF Executive Board could consider the third review in mid-December 2018.

Source: Inner Press

The United States has expressed disquiet over Chinese increasing military activities, including the deployment of submarines to the Arctic Ocean as well as the construction of military bases around the world.

The US Defense Department released a report on Thursday, saying Beijing was planning to add military bases around the world to protect its investments in its trillion-dollar project, known as Belt and Road Initiative (BRI).

The initiative would reinvent the ancient Silk Road to connect Asia to Europe and Africa through massive investments in maritime, road and rail projects for international trade in an effort to counter US unilateralism and protectionist policies.

The US report said China, which currently has just one overseas military base in Djibouti, is believed to be planning others, including possibly in Pakistan, as it seeks to project itself as a global superpower.

“China will seek to establish additional military bases in countries with which it has a longstanding friendly relationship and similar strategic interests, such as Pakistan, and in which there is a precedent for hosting foreign militaries,” it said.

The report also said the target locations for such bases could include the Middle East, Southeast Asia, and the western Pacific.

The report was issued as Beijing and Washington are locked in dispute over US military presence in resource-rich South China Sea.

The US has been taking sides with several of China’s neighbors in their territorial disputes in the busy sea, stepping up military presence under the pretext of freedom of navigation operations in international waters.

China has constantly warned Washington that close military encounters by air and naval forces of the two countries in the region could easily trigger miscalculation or even accidents at sea or in air.

‘China’s activities reaching the Arctic’

The Pentagon report noted that China has been accelerating military activities in the Arctic as well.

“Civilian research could support a strengthened Chinese military presence in the Arctic Ocean, which could include deploying submarines to the region as a deterrent against nuclear attacks,” the report said.

“The speed of growth of the submarine force has slowed and (it) will likely grow to between 65 and 70 submarines by 2020,” the report predicted.

The eight-nation Arctic Council will convene a meeting in Rovaniemi, Finland on Monday with the presence of US Secretary of State Mike Pompeo over the Chinese military presence in the region.

The expansion of submarine forces is just one element of China’s broad and costly modernization of its military, according to US experts, who believe the move is largely aimed at deterring any action by US armed forces.

The Pentagon assessment also mentioned Beijing’s military actives in Taiwan, the self-ruled island, over which Beijing asserts sovereignty.

China and Taiwan split amid a civil war in 1949, but Beijing’s leadership pursues their reunification.

In 1979, the US adopted the “One China” policy, but under the administration of US President Donald Trump, it has courted Taipei in an attempt to counter China.

Earlier this year, Chinese President Xi Jinping said in a speech that China reserved the right to use force to bring Taiwan under its control, but would strive to achieve peaceful “reunification.”

Beijing has accused Washington of making “a series of moves” on Taiwan and “other issues” that harm China’s sovereignty.

The self-ruled island is only one of a growing number of sticking points in the US-China relationship, which also include a trade war initiated by the US as well as an aggressive campaign it launched against Chinese telecom giant Huawei.

Last year Trump signed a bill, which bans federal agencies and their contractors from purchasing Huawei’s equipment and services over the accusation that the Chinese government uses the company’s 5G (fifth generation) networks to spy on other countries.

Huawei has filed a lawsuit against the law calling the bans unconstitutional.

Source: Presstv