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Putin softens controversial pension reform

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COVID-19 : Putin yet to take vaccine -Spokesperson

… As 4 policemen, 2 militants killed in Indian Kashmir***

Russian President Vladimir Putin on Wednesday proposed a series of measures to soften a deeply unpopular pension reform, in an apparent attempt to stem a major fall in his approval ratings.

In a rare televised address, Putin suggested raising the state pension age by five years to 60 years for women, instead of the earlier proposed eight years to 63, among other measures.

“The treatment of women in our country is special, gentle,” Putin said in the 30-minute speech.

However, he stuck to the overall plan, saying the proposed increase in the retirement age for men would still be by five years to 65, as originally planned.

The Russian leader, who is 65, also suggested early retirement for mothers with large families.

He said companies that fire or refuse to hire employees because they are nearing pension age should face administrative or criminal liability.

The proposed reform — already approved by parliament’s lower house in a first reading last month — has sparked a rare outburst of public anger, with tens of thousands rallying across Russia in recent weeks.

Putin had sought to distance himself from the unpopular measures and had been widely expected to soften the proposals to buttress his falling approval ratings.

Most Russians have been against the proposed hike and critics said the reform would essentially rob ordinary people of their earnings.

Unlike in some western countries, pensions in Russia are meagre and many have to work past their state pension age to survive, while others rely on financial help from their children.

‘Hard but necessary’
Putin insisted Wednesday that tough measures were needed, citing “serious demographic problems” stemming from the country’s huge losses during World War II and the fallout from the collapse of the Soviet Union in 1991.

“We will have to make a hard, difficult but necessary decision,” Putin said, adding his proposals would soon be sent to the Russian parliament’s lower house, the State Duma.

“I ask you to treat this with understanding,” he said.

The state pension age in Russia is among the lowest in the world and the proposed reform will be the first increase in nearly 90 years.

But given Russians’ low life expectancy — 65 years for men and 76 for women — many will not live long enough under the proposed reform to receive a state pension.

However, the government says the burden is simply too great for its stretched finances as the economy struggles under Western sanctions.

Putin said that unlike a decade ago, the country’s economy was ready for such reforms, pointing to the lowest unemployment rate since 1991 and increasing life expectancy.

Putin said that before announcing the amendments he had studied all “constructive proposals”, including those put forward by the opposition.

Ahead of the televised address, a Moscow court jailed Putin’s top critic, Alexei Navalny, for 30 days on Monday, just days before he planned to stage a rally against the reform.

Putin said the reform would allow authorities to better adjust pensions for inflation, bringing the average pension to around 20,000 rubles ($353) a month in 2024 from some 14,000 rubles now.

He also promised that various categories of employees, such as miners and industrial workers, would get to keep their benefits and proposed doubling the size of unemployment allowances for people close to pension age.

‘Huge injustice’
Putin, who had previously vowed not to raise the pension age, has seen public trust in his presidency fall to 64 percent last month from 80 percent in May, according to VTsIOM state pollster.

The last time his approval ratings were this low was in January 2014, just months before his popularity skyrocketed following the annexation of Crimea from Ukraine.

Ordinary Russians welcomed the proposals, but some economists said Putin’s proposed amendments were only superficial.

Irina Petrova, a 44-year-old Saint Petersburger, said the reform was a “huge injustice”, even despite the proposed changes.

“I am very much disappointed in the authorities in principle,” she told AFP.

Ruslan Grinberg, scientific director of the Institute of Economics at the Russian Academy of Sciences, said the changes could help defuse tensions to some extent.

“This is a concession to public sentiment,” he told AFP.

In the meantime,  four Policemen were shot dead in an attack by militants in India-administered Kashmir, while two rebels died in another clash in the restive region on Wednesday, officials said.

Heavily-armed rebels opened gunfire on the policemen at a busy area in the Shopian district, local police said.

The four were taken to hospital in critical condition, where they later died.

Media reports said the rebels fled with automatic rifles belonging to the policemen soon after the attack.

In another encounter in the Anantnag district, two militants belonging to the Hizbul Mujahideen group were killed by security forces, police said.

The Muslim-majority region has been in the grip of a violent secessionist movement since the late 1980s in which nearly 45,000 people have lost their lives, according to the South Asia Terrorism Portal.

India claims neighbouring Pakistan aids and abets the militants.

Islamabad denies the charge and says the militants are freedom fighters.

Four Policemen were shot dead in an attack by militants in India-administered Kashmir, while two rebels died in another clash in the restive region on Wednesday, officials said.

Heavily-armed rebels opened gunfire on the policemen at a busy area in the Shopian district, local police said.

The four were taken to hospital in critical condition, where they later died.

Media reports said the rebels fled with automatic rifles belonging to the policemen soon after the attack.

In another encounter in the Anantnag district, two militants belonging to the Hizbul Mujahideen group were killed by security forces, police said.

The Muslim-majority region has been in the grip of a violent secessionist movement since the late 1980s in which nearly 45,000 people have lost their lives, according to the South Asia Terrorism Portal.

India claims neighbouring Pakistan aids and abets the militants.

Islamabad denies the charge and says the militants are freedom fighters.

Additional report from AFP

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WTO Hosts Seminar On Green Supply Chains

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WTO Hosts Seminar On Green Supply Chains

A seminar on “Building greener and more Resilient Supply Chains” was held in Geneva as part of the World Trade Organisation (WTO) Public Forum 2024.

It was co-hosted by the China Council for the Promotion of International Trade (CCPIT) and the International Trade Centre (ITC).

The four-day public forum would feature over 130 sessions with nearly 4,400 participants from government, business, academia, and civil society.

CCPIT Chairman Ren Hongbin said that today’s globalised economy created both opportunities and challenges.

He emphasised the need to embrace openness and inclusiveness while upholding true multilateralism.

He also stressed that building greener and more resilient supply chains was crucial to addressing global challenges.

ITC Deputy Executive Director Dorothy Tembo underscored the ITC’s commitment to collaborating with partners to offer technical assistance to small and medium-sized enterprises (SMEs).

It would offer assistance, especially to those in developing countries, to tap into the potential of cross-border e-commerce.

She said the goal was to build greener supply chains and reduce the carbon footprint of e-commerce, thereby contributing more to sustainable development.

In its Digital Economy Report 2024, the United Nations Conference on Trade and Development (UNCTAD) emphasised the urgent need to adopt an environmentally sustainable and inclusive digital strategy, said UNCTAD’s head of E-Commerce and Digital Economy.

Torbjorn Frederick stressed that China had issued innovative guidelines promoting the sustainable development of the digital economy. 

– Xinhua

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U.S. strikes 2 targets in Syria in response to ‘continued attacks’

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The U.S. military struck two facilities in eastern Syria used by Iran’s Islamic Revolutionary Guard Corps (IRGC) and Iran-affiliated groups in response to “continued attacks” against U.S. personnel in Iraq and Syria, the Pentagon said on Sunday.

The strikes were conducted against a training facility in Abu Kamal and a safe house in Mayadin in the eastern governorate of Deir Ezzor, U.S. Defense Secretary Lloyd Austin said in a brief statement.

The U.S. struck similar targets in eastern Syria in October and earlier in November.

Pro-Iranian militias have intensified their attacks on U.S. military bases in Syria and Iraq in recent weeks as a response to the Israeli military campaign in Gaza.

The security situation in the entire region has been particularly tense since Oct. 7, when Hamas militants staged deadly attacks in southern Israel.

Israel is responding with an overwhelming air and ground offensive in Gaza.

As a deterrent, the U.S. has moved more weapons systems, warships and air squadrons to the Eastern Mediterranean, and is deploying several hundred troops to the Middle East to support US units there.

U.S. President Joe Biden had ordered Sunday’s action to make it clear that the U.S. was defending itself, its personnel, and its interests, Austin stressed.

The U.S. is prepared to take further necessary measures to protect its own people and interests.

  • dpa
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Russia writes off $23bn debt for Africa – Putin

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Russia sends almost 12m tons of grain to Africa says Putin

…Pledges additional $90 million***

Vladimir Putin, the Russian President, says the Russian Government has written off $23 billion debt burden of African countries.

Putin spoke at the plenary session of the ongoing second Russia–Africa Summit 2023 held from July 27 to July 28.

He said Moscow would allocate an additional $90 million for these purposes.

Putin said Russia was advocating the expansion of representation of African countries in the UN Security Council and other UN structures.

“Russia and Africa strive to develop cooperation in all areas and strengthen ‘honest, open, constructive’ partnership.

“Russia will also assist in opening new African embassies and consulates in Russia,” he said.

According to him, the reopening of embassies in Burkina Faso and Equatorial Guinea is going as planned.

He said sovereignty was “not a one-time achieved state,” and it must be constantly protected.

Putin also offered assistance to Africa in countering threats such as terrorism, piracy, and transnational crimes adding that it would continue to train personnel from African countries.

He assured that Russian businesses have a lot to offer partners from Africa.

Putin said transition to national currencies and the establishment of transport and logistics chains would contribute to the increase in mutual trade turnover.

“Russia is ready to provide trade preferences to Africa, support the creation of modern production sectors, agricultural sector, and provide assistance through relevant international structures and agencies.

“Russia will always be a responsible international supplier of agricultural products,” he said.

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