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POPULAR NEWS
Oil Holds Loss as Iraq Seeks to Revive Output From Kirkuk Fields

Oil held losses as Iraq sought to revive output from fields in the country™s northern Kurdish regions and as U.S. fuel inventories increased. Futures added 0.2 percent in New York after dropping 1.4 percent Thursday. Iraq engineers worked to replace equipment missing from oil fields in the disputed Kirkuk province that government troops recaptured this week from Kurdish forces, a person with knowledge of the situation said. U.S. gasoline stockpiles rose for a fourth week...

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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
Oil Holds Loss as Iraq Seeks to Revive Output From Kirkuk Fields

Oil held losses as Iraq sought to revive output from fields in the country™s northern Kurdish regions and as U.S. fuel inventories increased. Futures added 0.2 percent in New York after dropping 1.4 percent Thursday. Iraq engineers worked to replace equipment missing from oil fields in the disputed Kirkuk province that government troops recaptured this week from Kurdish forces, a person with knowledge of the situation said. U.S. gasoline stockpiles rose for a fourth week...

Gold Heads for Weekly Drop as U.S. Equities at Record

Gold heads for fifth weekly decline in six, with U.S. stocks at record levels and investors weighing monetary policy implications of a new chair of U.S. Federal Reserve. Bullion for immediate delivery -0.3% to $1,285.92/oz at 9:40am in Singapore, according to Bloomberg generic pricing Price -1.4% this week S&P 500 Index eked out gain to finish at fresh all-time high Bloomberg Dollar Spot Index +0.3% this week Yield on 10-year Treasuries steady at...

Tokyo Stocks Open Lower, Nissan Under Pressure

Tokyo stocks opened lower Friday on profit-taking after the benchmark index posted its longest string of gains in nearly 30 years, while Nissan dropped as it unveiled plans to suspend production amid an inspection scandal. The Nikkei 225 fell 0.32 percent, or 67.72 points, to 21,380.80 in early trade, while the broader Topix index lost 0.36 percent, or 6.19 points, to 1,723.85. Source: AFP

U.S. stocks close at records on tax cut hopes

U.S. benchmark stock indexes all rose on Friday to close at record levels after the Senate adopted a federal budget for next year, a key step on the road to tax cuts. The Dow Jones Industrial Average advanced 164 points to 23326, and was up 2.0% for the week. The Nasdaq Composite Index gained 24 points at 6629. The S&P 500 was up 13 points to 2575, and 0.9% for the week. The Dow and the S&P 500 close out their sixth straight weekly gain, while the Nasdaq notched its fourth straight...

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The gold selloff resumed on Friday, with the metal set to suffer its worst weekly performance in a month as the dollar rallied on news that the Republican-controlled Senate has passed a budget blueprint. Gold for December delivery lost $7.10, or 0.6%, to $1,282.90 an ounce, setting it on track for its lowest settlement since Oct. 6 and a 1.7% weekly drop. That would mark the worst week since Sept. 22, according to FactSet data. Silver for December lost 0.3% to $17.20 an ounce, putting it on...

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