Headline News 12/04/2017

Headlines

• India Continues its Oppression

• Nobel Winner in Denial

• Bank of England Scandal

Details

India Continues its Oppression

Indian police have imposed curfew-like curbs on movement of people across several parts of Indian-administered Kashmir, a day after clashes with protesters during a by-election killed eight people and injured more than 200. Separatist factions in Kashmir have called for a two-day strike in protest on Monday.

Their calls to boycott the poll in Srinagar, and the ensuing violence, resulted in voter turnout of a mere seven percent on Sunday and forced 70 polling stations to shut down. Whilst initially Indian police used tear gas to disperse the protestors they began to use live round as attempts to disperse them failed. This resulted in the death of seven people. "People can see how much India oppresses us, abuse our mothers and sisters, abuse our religion Islam and puts our brothers into graves," said Asif Rasool, at the funeral of one of the killed protestors. It is evident to see that the Kashmiri people are not content with an Indian administered solution to their occupation be it democratic or otherwise, it is evident that the call of the Kashmiris is one of liberation and unification with the land of the Muslims. In response to this India's security forces continue to tighten their group over the people. The Indian government informed the Supreme Court that authorities would introduce new rubber-based bullets for security forces to deal with so called violent protests in the region paving the way for yet more bloodshed.

Nobel Winner in Denial

Nobel Prize Winner Aung San Suu Kyi in an interview with the BBC denied the occurrence of a genocide in the Rakhine state of Myanmar. She alleged that the word genocide was "too strong" and claimed, “It is Muslims killing Muslims, as well, if they think they are collaborating with authorities." Once again, she has shifted the blame of the bloodshed which has seen 75000 Rohingyan Muslims fleeing from Myanmar, only to be turned away by the Muslim brethren elsewhere. Muslims, who pinned so much of their hopes on Suu Kyi and with the international community silent on this genocide it seems this genocide will be allowed to occur within Burma, unhindered and not disturbed.

Bank of England Scandal

A secret recording that implicates the Bank of England in Libor rigging has been uncovered. The 2008 recording adds to evidence the central bank repeatedly pressured commercial banks during the financial crisis to push their Libor rates down. Libor is the rate at which banks lend to each other, setting a benchmark for mortgages and loans for ordinary customers. The Bank of England said Libor was not regulated in the UK at the time. The recording calls into question evidence given in 2012 to the Treasury select committee by former Barclays boss Bob Diamond and Paul Tucker, the man who went on to become the deputy governor of the Bank of England. He told the programme: "It sounds to me like those people giving evidence, particularly Bob Diamond and Paul Tucker were misleading parliament, that is a contempt of parliament, it's a very serious matter and I think we need to urgently summon those individuals back before parliament to explain why it is they appear to have misled MPs. It's extremely serious."