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POPULAR NEWS
Erdogan Hopes to Open Embassy in East Jerusalem

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Dollar Edges Higher Versus Yen Amid Progress on U.S. Tax Bill

The dollar edged higher against the yen after rallying Friday amid optimism a bill to cut U.S. taxes will be passed this week. The Bloomberg Dollar Spot Index held close to its 50-day moving average after climbing above that threshold last week as Republican leaders finalized their plan for lower taxes, paving the way for a policy victory for President Donald Trump. Treasuries declined as most Asian stock markets advanced, sapping demand for safer assets. The...

Nikkei Rises on Financials and Exporters; Builders Off Lows

Japanese stocks scored their biggest rise in over a month on Monday with financials and exporters in hot demand, while construction shares bounced after sliding on news that prosecutors had raided the headquarters of at least two builders for alleged antitrust violations. The Nikkei share average finished 1.55 percent higher at 22,901.77, its biggest gain since Nov. 7 and its highest closing level in a week. The broader Topix advanced 1.36 percent to 1,817.90. Sentiment was boosted by a...

Catalan referendum: Catalonia has 'won right to statehood'
Monday, 2 October 2017 15:27 WIB | GLOBAL |Global

Catalan leader Carles Puigdemont says the Spanish region has won the right to statehood following a contentious referendum that was marred by violence.

He said the door had been opened to a unilateral declaration of independence.

Catalan officials later said 90% of those who voted backed independence in Sunday's vote. The turnout was 42.3%.

Spain's constitutional court had banned the vote and hundreds of people were injured as police used force to try to block voting.

Officers seized ballot papers and boxes at polling stations.

Spanish Prime Minister Mariano Rajoy said Catalans had been fooled into taking part in an illegal vote.

More than 2.2 million people were reported to have voted, according to Catalan authorities, out of 5.3 million registered voters. A Catalan spokesman said more than 750,000 votes could not be counted because polling stations were closed and urns were confiscated.

"With this day of hope and suffering, the citizens of Catalonia have won the right to an independent state in the form of a republic," Mr Puigdemont said in a televised address.

"My government in the next few days will send the results of today's vote to the Catalan parliament, where the sovereignty of our people lies, so that it can act in accordance with the law of the referendum."

The Spanish prime minister spoke of a "mockery" of democracy.

"At this hour I can tell you in the strongest terms what you already know and what we have seen throughout this day. There has not been a referendum on self-determination in Catalonia," Mr Rajoy said.

Large crowds of independence supporters gathered in the centre of the regional capital Barcelona on Sunday evening, waving flags and singing the Catalan anthem. Anti-independence protesters have also held rallies in Barcelona and other Spanish cities.

In another development, more than 40 trade unions and Catalan associations called a region-wide strike on Tuesday due to "the grave violation of rights and freedoms".

How bad was the violence?

TV images showed Spanish police kicking would-be voters and pulling women out of polling stations by their hair.

Catalan medical officials said 844 people had been hurt in clashes, including 33 police. The majority had minor injuries or had suffered from anxiety attacks.

In Girona, riot police smashed their way into a polling station where Mr Puigdemont was due to vote, and forcibly removed those inside. He voted at another station.

The BBC's Tom Burridge in Barcelona witnessed police being chased away from one polling booth after they had raided it.

TV footage showed riot police using batons to beat a group of firefighters who were protecting crowds in Girona.

The national police and Guardia Civil - a military force charged with police duties - were sent into Catalonia in large numbers to prevent the vote.

The Catalan police - the Mossos d'Esquadra - have been placed under Madrid's control, however witnesses said they showed little inclination to use force on protesters.

Barcelona Mayor Ada Colau condemned police actions against the region's "defenceless" population, but Spain's Deputy Prime Minister Soraya Saenz de Santamaria said police had "acted with professionalism and in a proportionate way".

How much voting took place?

Catalan authorities said 319 of about 2,300 polling stations across the region had been closed by police while the Spanish government said 92 stations had been sealed off.

Since Friday, thousands of people have occupied schools and other buildings designated as polling stations in order to keep them open.

Many of those inside were parents and their children, who remained in the buildings after the end of lessons on Friday and bedded down in sleeping bags on gym mats.

The anti-independence Societat Civil said there were voting irregularities, including the same people voting twice.

Catalonia, a wealthy region of 7.5 million people in north-eastern Spain, has its own language and culture.

It also has a high degree of autonomy, but is not recognised as a separate nation under the Spanish constitution.

 

Source: BBC

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POPULAR NEWS
Erdogan Hopes to Open Embassy in East Jerusalem

Turkish president Recep Tayyip Erdogan said Sunday that Turkey hopes to open an embassy to a Palestinian state in East Jerusalem in the future.. "Because it is under occupation we can't just go there and open an embassy," Erdogan said in a speech to his ruling party in the city of Karaman. "But, inshallah [God willing] those days are near and... we will officially open our embassy there," he said, without giving any precise timeframe. The comments come just days after Erdogan hosted a...

Gold Drops as U.S. Stocks Rally on Tax Reform Optimism

Gold declines after progress on U.S. tax cuts propels stocks to record highs on Friday and boosts dollar. Bullion for immediate delivery -0.2% to $1,253.84/oz at 9:02am in Singapore: Bloomberg generic pricing. Bloomberg Dollar Spot Index flat after +0.4% Friday. Precious metal heads for 9.3% advance this year after +8.1% in 2016. The dollar™s strength is weakening gold, David Lennox, resource analyst at Fat Prophets in Sydney, says by phone. Tax reform is œa...

Japan Shares Rise Amid Weaker Yen as U.S. Tax-Cut Bill Advances

Japanese shares rose as the yen continued to weaken after Republican leaders gained two key votes on the U.S. tax-cut bill Friday. Electronics makers and banks were the biggest boosts to the benchmark Topix, led by Mitsubishi UFJ Financial Group Inc., Toyota Motor Corp. and Sony Corp. Congressional Republicans finalized their plan for a highly-anticipated set of tax cuts for businesses and individuals after six weeks of legislative negotiations. Almost five shares rose for every...

Dollar Edges Higher Versus Yen Amid Progress on U.S. Tax Bill

The dollar edged higher against the yen after rallying Friday amid optimism a bill to cut U.S. taxes will be passed this week. The Bloomberg Dollar Spot Index held close to its 50-day moving average after climbing above that threshold last week as Republican leaders finalized their plan for lower taxes, paving the way for a policy victory for President Donald Trump. Treasuries declined as most Asian stock markets advanced, sapping demand for safer assets. The...

Nikkei Rises on Financials and Exporters; Builders Off Lows

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