Monthly Archives: December 2015

Polish management reshuffles heighten policy uncertainty

* Bourse down 24 pct this year, hit lowest considering that mid-2009

* New govt reshuffles state-run companies’ management

* Future of Polish economy uncertain, fund managers say

By Adrian Krajewski and Marcin Goclowski

WARSAW, Dec 14 Poland’s ruling conservatives have ousted a number of leading executives of state-owned businesses since taking energy right after an October election, in what investors be concerned marks the start off of a campaign to seize a lot more manage over the economy.

In a sign of mounting concern amongst fund managers, Warsaw’s blue-chip WIG20 share index hit its lowest level in six years final week, extending losses that followed the shock election of President Andrzej Duda in Might.

That paved the way for his economically left-leaning but nationalist-minded Law and Justice celebration (PiS) to score a landmark election win in October.

Investors are concerned mainly about PiS plans to tax banks and massive retailers to fund social spending, and about signals that PiS wants to rearrange the energy sector to have profitable firms assume the monetary issues of loss-generating coal miners.

PiS has constructed its popularity on a promise of much more economic equality and has stated it wants Polish, not foreign, money to have more control over company.

“When I hear how very good (PiS tells us) Poland is going to be and at the very same time I witness how the economy is obtaining battered, I truly give up. It may be high time to flee the country,” mentioned a Warsaw-based economist at a foreign-owned bank, declining to be quoted by name.

Reuters spoke with ten fund managers, economists and bankers, who have expressed related concerns.

Polish banks, the most most likely targets of PiS policy plans, have shed 28 % of their worth this year, even though power businesses, which with each other with banks make up about half of the WIG20, have lost 35 percent.

In the latest sacking, the supervisory board of Poland’s dominant gas firm PGNiG dismissed the state-run company’s head Mariusz Zawisza on Friday, replacing him with former PiS economy minister Piotr Wozniak as acting CEO.

State-run utilities Enea and Energa also sacked executives final week.

The head of the state-controlled Warsaw bourse has also resigned, as have the head of cargo carrier PKP Cargo and the chief executive of insurer PZU, raising doubts about PZU’s ambitions to build a best five Polish bank.

Polish governments have a tendency to reshuffle top management at state-owned organizations, but PiS has acted much less than a month after taking office.

The country’s biggest lender PKO, Europe’s No.two copper producer KGHM and best refiner PKN are seen subsequent in line for management reshuffles.

“Alterations are some thing that is expected and organic (when government modifications). This industry anxiousness is unfounded,” Poland’s deputy treasury minister Marek Zagorski told Reuters. “The treasury ministry’s function is to calm the scenario and allow the Warsaw bourse’s development.”

ROCKING THE BOAT

There have been few concrete signs the dismissals have affected firm policies, but investors are concerned the new bosses will push the government’s agenda.

“I am afraid they will rock the boat, which will lead to decrease foreign and domestic investments, even though banks will curb lending since of the new tax. In 1 year’s time we will see an financial slowdown,” a bank source stated.

Bankers, fund managers and economists fret about a repeat of Hungary’s scenario, where unpredictable economic policies by Prime Minister Victor Orban’s government, a function model for PiS leaders, are blamed for scaring off investors.

Hungary’s central bank bought a majority stake in the country’s sluggish stock exchange last month, following Europe’s highest bank levies reduce the Budapest bourse’s turnover by 70 % between 2010 and 2014.

“Numerous aspects have appeared simultaneously (in Poland),” a Warsaw-based fund manager mentioned. “Some face management alterations, others element in tax hikes.”

“Positives are difficult to uncover,” the fund manager said. “We can evaluate the effect of the bank asset levy on the lenders’ balance sheets, but the wider influence on the future of Poland’s economy is unpredictable.”

Investors be concerned the government could try to take over some assets of Polish pension funds if it struggles to finance budget spending, successfully eliminating them as relevant market place players.

Poland, Eastern Europe’s greatest economy, has not suffered a recession in 20 years. This and around $ 11-billion worth of privatisations implemented since the 1989 fall of communism have made its bourse central Europe’s biggest.

Nonetheless, the valuation of recently privatised firms are likely to come under scrutiny soon after the Supreme Audit Workplace stated final week that the state treasury had sold several companies also cheap, which includes chemical group Ciech.

Retailers also face a new levy next year although the new bank tax bill, currently in parliament, could cost the financial sector up to 7 billion zlotys ($ 1.8 bln) next year.

The strategy mirrors taxes imposed on Hungarian banks in 2010 by Prime Minister Orban. Last month, Hungary proposed capping the tax by far more than half the present level, fearing that weak corporate lending may possibly jeopardise economic recovery.

Poland’s central bank governor Marek Belka warned on Friday that the simultaneous introduction of the bank tax and the government’s plan to force banks to shoulder significantly of the burden of converting Swiss franc-denominated mortgages would result in a “serious crisis” for some banks.

Industry sources said uncertainty relating to the banking sector has delayed ongoing sales of nearby units by Raiffeisen and Basic Electric .

Foreign banks have been retreating from Poland in the past few years due to falling margins, a trend highlighted by Deutsche Bank’s Polish arm last week when it raised mortgage loan prices.

“The decision … was caused by the bank’s approach … as effectively as the necessity to adjust to the challenges facing Deutsche Bank and the entire sector,” Leszek Niemycki, Deutsche Bank Polska’s deputy chief, said. ($ 1 = three.9693 zlotys)

(Editing by Susan Fenton)

Thai activists urge release of man detained more than Facebook post

BANGKOK Thai activists on Monday demanded the release of a man arrested for sharing an infographic on Facebook detailing alleged graft in an army-constructed park, saying plainclothes security officers took him by force.

Because taking power in a military coup in Might 2014, Thailand’s ruling junta has issued directives that have largely stifled dissent, such as barring political discussions and debate.

On Sunday, a 25-year-old student, Thanet Anantawong, was taken from a hospital although he awaited an operation, stated prominent anti-junta activist, Siriwat Serithiwat.

“Plain clothes security officers went to a hospital exactly where Thanet was staying,” Siriwat told reporters outside a criminal court in the capital. “I would like the court to release Thanet. He demands medical attention. We are afraid for his life.”

A junta spokesman declined to comment on the arrest of Thanet, who is getting held at Bangkok’s 11th Army Circle military base.

Thanet was among a group of activists who attempted to go to the park, at the center of a corruption scandal that threatens to embroil the military government.

Soldiers and police intercepted them at a train station, and detained some for a number of hours just before their release.

The Rajabakti park, built in the seaside resort town of Hua Hin south of Bangkok, and devoted to the monarchy, has been at the center of allegations of corruption and misspent funds.

A military probe into its finances discovered no corruption, but graft accusations persist among opposition groups and the media.

Thanet faces charges under Post 116 of Thailand’s criminal code – the equivalent of sedition – as effectively as beneath the wide-ranging Laptop Crimes Act for allegedly re-posting a diagram on Facebook linking junta leader Prayuth Chan-ocha and other officials to alleged corruption involving the park.

A second man, Thanakorn Siripaiboon, 27, was arrested on Dec. eight for sharing posts about government corruption and hitting the “like” button on a post with an image deemed insulting to Thailand’s king, Human Rights Watch said on Saturday.

He is being held at Bangkok’s high-security Klong Prem Central prison, police mentioned.

The junta has created a best priority of guarding the monarchy through the use of Thailand’s royal defamation laws, which are among the world’s harshest.

Those accused of lese-majeste are attempted in military courts, which have handed down record sentences.

A military court refused Thanakorn bail, mentioned his lawyer, Anon Nampa.

“They mentioned his crimes are punishable by several years in prison and they are afraid he will offend once again if released,” he added.

(Editing by Clarence Fernandez)

Agen Sabung Ayam

Worldwide MARKETS-Investor nerves tested with yuan, oil, Fed in play

LONDON Volatility swept via globe markets on Monday with China’s yuan hitting a fresh multi-year year low and oil’s continued travails adding to nervousness prior to an expected hike in U.S. interest prices later this week.

Asian stocks traded in the red but European stocks showed much more signs of life, recovering from their worst week in nearly 4 months to open this week on a optimistic note.

Emerging markets struggled for direction, weighed down by the weakness in China’s currency, Asian stocks and oil, but buffeted by a surge in South African markets right after Pravin Gordhan was re-appointed finance minister.

In early trading on Monday, the FTSE EuroFirst index of top 300 shares .FTEU3 was up .6 percent at 1,406 points. That followed final week’s three.eight percent fall, the second greatest weekly fall this year.

Britain’s FTSE one hundred .FTSE was up .6 percent and Germany’s DAX .GDAXI was up .4 %, in stark contrast to Asia, where MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS hit a two-1/two-month low and was final down .8 percent and Japan’s Nikkei .N225 fell 1.8 %.

The People’s Bank of China on Monday continued guiding its currency decrease, setting the yuan/dollar official midpoint at its weakest because July 2011.

Beijing’s introduction of a yuan price index against a basket of peers, noticed as a move traders stated would depeg the renminbi from the greenback more than time, additional weighed on the yuan.

Oil prices continued their freefall following the International Power Agency (IEA) warned that global oversupply could worsen next year. Brent crude LCOc1 fell below $ 38 a barrel for the initial time in seven years on Friday and was final down 1.6 percent at $ 37.30, within a few cents of Friday’s low.

The scattergun nature of worldwide markets comes as the U.S. Federal Reserve is probably to raise interest prices for the very first time in virtually a decade later this week.

“Nerves are fraying ahead of the Fed’s anticipated decision to lift U.S. rates on Wednesday. And this might just be a foretaste of what’s to come if the market place does not like what the Fed has to say on Wednesday,” stated Steve Barrow, head of G10 method at Normal Bank in London.

On Friday, the Dow .DJI sank 1.8 percent and the S&P 500 .SPX lost 1.9 percent. Each indices are in the red year-to-date, on track for their 1st annual decline since 2008.

RETALIATION IN 1st

Talk of so-called “currency wars” picked up again following China’s decision to loosen its grip on the yuan and allow slow but steady depreciation in recent weeks added to issues that the economy may be far more fragile than expected.

China late on Friday launched a new trade-weighted yuan exchange rate index. Beijing mentioned it was intended to discourage investors from exclusively tracking the yuan’s fluctuations against the greenback.

Information on Saturday painted a slightly brighter economic image, nevertheless. Factory output development accelerated to a 5-month high, while retail sales rose at an annual 11.two percent pace, the strongest this year.

Spot yuan CNY=CFXS fell to as low as six.4665 to the dollar, its lowest because mid-2011, taking its losses far this year to about 4 percent. Volatile Shanghai stocks .SSEC ended Monday two.five percent greater, the most significant rise considering that Nov. four.

“We seem to find ourselves edging towards the subsequent, most worrying phase of FX Wars … to a synchronized try by all major economies to maintain their currencies from appreciating, or to guide them decrease,” Rabobank analysts stated on Monday.

“Logically, that cannot be accomplished for all of them, and if China manages to succeed in its objectives, it will mean other individuals are failing to do so, potentially forcing other central banks to retaliate,” they said.

South Africa’s rand had been 1 of the greatest movers down in current months, in portion due to investor issues more than the country’s political turmoil, especially the instability surrounding the position of finance minister.

The rand rallied 5 percent on Monday, its largest rise in seven years, soon after the extensively-respected Gordhan was reappointed.

Elsewhere in currencies, the U.S. dollar rose against significant currencies, recovering some of final week’s lost ground. The euro was down a third of one particular percent at $ 1.0950 EUR= and the dollar was up a third of one % against the yen at 121.20 yen JPY=.

The greenback’s rise was supported by a move up in U.S. Treasury bond yields. The ten-year yield was up 3 basis points at 2.17 % US10YT=RR and the 2-year yield was up two basis points at .915 % US2YT=RR.

A U.S. price hike would be a very first step towards normalising monetary circumstances following an extended period of loose policy, which had helped shore up riskier assets.

(Reporting by Jamie McGeever Editing by Tom Heneghan To study Reuters Global Investing Blog click right here for the MacroScope Blog click on blogs.reuters.com/macroscope for Hedge Fund Weblog Hub click on blogs.reuters.com/hedgehub)

How the world learned its lesson and got a climate deal

PARIS It was an agreement born from a fear of failure, delivered by the smoothness of French diplomacy.

Six years earlier, countries had bitterly walked away from international climate talks in Copenhagen with out a deal. The selection to reassemble in Paris to attempt once again at getting virtually 200 countries to sign a pact on cutting carbon emissions was a gamble: one more collapse could the end world’s ability to forge a frequent strategy to dealing with climate adjust.

And no political leader wanted his reputation stained by a repeat of the debacle in Copenhagen.

So there was no detail of hospitality also tiny for the French hosts this time, no country negotiator who would go unflattered by Laurent Fabius, the French foreign minister who presided over the conference.

Fabius had been the youngest French prime minister in history in the 1980s now he was an elder statesman hunting to carve a bigger place in it. More than two weeks under the international spotlight, his sonorous voice and relentless optimism would come to define the public tone of the proceedings.

But behind the scenes, the talks witnessed the confrontations and five-previous-midnight compromises to be anticipated when sleep-deprived negotiators from almost each nation in the globe are supposed to come to a consensus.

They eventually found it, remarkably only a single day later than planned. But the path to the standing ovations at the end was strewn with disputes more than income, the emergence of an successful new climate coalition of states, and hours of wrangling more than what “should” or “shall” be completed.

FRENCH Techniques

For the survivors of Copenhagen, the crucial to accomplishment in Paris would be preparation.

UN Secretary General Ban Ki-moon complained that the political leaders had not been well-ready for the Copenhagen meeting, and this time he and the French carried out comprehensive advance perform to get other leaders personally engaged.

They also decided that, if leaders had been to come to Paris, they would do so at the starting to lend the talks some political oxygen, rather than arriving for a scramble at the end.

So on Nov. 30, the sprawling conference hall near the Le Bourget airfield on the outskirts of Paris hosted planet leaders, who have been supposed to provide 3 minutes of encouragement. Fabius wandered the conference center just before they arrived, tapping microphones and checking the video monitors below a podium made of recycled wood.

“Ah, we have Prince Charles,” he said to an aide, consulting the speakers’ list.

The opening day speeches were observed as a accomplishment. UN officials were relieved at the fairly cooperative tone from Russian President Vladimir Putin who was among numerous leaders who assured Ban privately just before the outset that Russia would not block a deal, UN officials stated later.

Fabius pulled collectively a group of officials and diplomats from across the French civil service to facilitate the talks. “He treated it much less like a climate negotiation and far more like a trade deal,” stated one particular UN veteran of past climate talks.

He also consistently praised delegates for their challenging operate and insights, just before telling them exactly what schedule of debate they had to follow to finish by their self-imposed deadline of Friday, Dec. 11.

He gave the job of writing the accord’s preamble to Venezuela’s minister Claudia Salerno, whose nation had been possibly the harshest critic of the Copenhagen method that was noticed as a collusion of big powers dictating to small countries, producing her personally vested in obtaining compromises.

Not all building nations had been effortlessly won more than, nonetheless. A central sticking point throughout the talks was the degree to which the agreement would be legally binding on countries, especially the rich ones who are expected to provide the hundreds of billions of dollars in funding to cover the transition to a low carbon future.

The variations have been expressed in wrangles more than wording. Difficult, legally binding commitments were proceeded in the text as items that nations “shall” do.

Those products that were simply very good intentions fell into the “should” do category.

HALF A DEGREE CLOSER

Facing unbudging demands to place their economic commitments into legal language, U.S. negotiators knew they had to break the poor vs. rich country divide. Their tactic was to sign up to a loose coalition of nations known as the Higher Ambition Coalition.

The European Union requires credit for beginning the group as far back as 2011, when it was a loose alliance among the EU and tiny island states.

As Paris approached, it expanded to consist of African, Caribbean and Pacific nations, establishing an agenda that integrated the aim of keeping the global temperature rise to 1.5 degrees Celsius (2.7 Fahrenheit) over pre-industrial levels by the end of the 21st century.

The quantity had nearly been banished from significant discussion ahead of Paris. But the American decision to “join” the High Ambition Coalition brought the 1.five aim back into play, sweetened with pledges of hundreds of millions of dollars to help island and developing states mitigate the ill-effects of climate adjust.

Though the promise is only aspirational, the re-emergence of references to 1.5 degrees in the Paris text brought several influential creating countries into the U.S. camp. Soon Canada joined, then Australia and Brazil, a collection of wealthy, heavy-polluting western nations marching into the plenary hall alongside the Marshall Islands.

China’s negotiators dismissed the Higher Ambition Coalition as a stunt. “This is a sort of performance by some members,” said Liu Zhenmin, deputy head of the China delegation. But the solidarity of the establishing nation bloc was broken.

Final BRIDGES AND HICCUPS

Climate change summits have developed a particular theater of their personal. In 1 moment, it was possible to see actor Alec Baldwin expressing his fears for the planet to journalists, across from an Indonesian pavilion hosting a celebration to show off its pilot green power hospitals.

But much of the real function was accomplished by individuals not even at Le Bourget. After visiting at the commence, U.S. President Barack Obama and Chinese President Xi Jinping discussed roadblocks by telephone, and the two nations appeared to be largely on the identical web page.

Other housekeeping of the text was taken care of. Negotiators insured that a distinct reference to climate effects on “occupied territories” was taken out to hold the politics focused on climate troubles.

By Saturday, Fabius the pieces had been falling into location. “I consider we’re done right here,” mentioned a happy Marshall Islands foreign minister Tony de Brum on Saturday morning.

There was to be a single last hiccup. The final text had settled on 143 products prefaced by “shall,” 40 with “should.” But in a single section, the words appeared to have been flipped.

Suddenly, there was a delay in the hall where delegates had convened amid smiles and air kisses to seal the deal.

Fabius and U.S. Secretary of State John Kerry left the space, replaced by rumors of difficulty. But then the French minister was back. A technical glitch, he explained, brought on by the fatigue of a drafter.

The organizers announced corrections to a couple of typographical errors, and tellingly switched 1 final “should” for a “shall” ahead of Fabius swiftly brought the gavel down.

(Writing by Richard Valdmanis and Bruce Wallace Added reporting by Alister Doyle, Valerie Volcovici, Barbara Lewis, David Stanway and Nina Chestney in Paris editing by Anna Willard)

Agen Sabung Ayam

Turkey says its patience with Russia ‘has a limit’: newspaper

ROME Turkey’s foreign minister stated Ankara’s patience with Russia “has a limit” right after Moscow’s “exaggerated” reaction to a weekend naval incident between the two countries, an Italian newspaper reported on Monday.

A Russian destroyer fired warning shots at a Turkish vessel in the Aegean on Sunday to steer clear of a collision and summoned the Turkish military attache over the incident..

“Ours was only a fishing boat, it appears to me that the reaction of the Russian naval ship was exaggerated,” Mevlut Cavusoglu told Italian daily Corriere della Sera in an interview.

“Russia and Turkey certainly have to re-establish the relations of trust that we have always had, but our patience has a limit,” Cavusoglu stated.

The incident is most likely to heighten tensions in between the two nations who are at odds more than Syria and Turkey’s downing of a Russian warplane last month.

Cavusoglu stated Russia had currently “put itself in a ridiculous position” with accusations by its President Vladimir Putin that Turkey had shot down the jet to defend oil supplies from Islamic State.

“No-a single believed it” he mentioned.

He also criticized Russia’s military intervention in Syria, saying it was aimed at propping up the regime of President Bashar al-Assad, not combating Islamic State.

“Sadly Russia is not in Syria to fight terrorists,” he mentioned, adding that only 8 % of its air strikes had been aimed at Islamic State whilst 92 % were against other groups hostile to Assad.

Cavusoglu also stated air strikes had been not sufficient to defeat Islamic State and soldiers on the ground have been essential, according to the interview.

(Reporting By Gavin Jones Editing by Hugh Lawson)

Agen Sabung Ayam

South Africa’s ruling ANC welcomes Gordhan appointment as finance minister

Globe | Mon Dec 14, 2015 2:42am EST

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JOHANNESBURG South Africa’s ruling ANC celebration on Monday welcomed the reappointment of Pravin Gordhan as finance minister, saying it was an “explicit demonstration of a responsive and accountable government”.

Zuma late on Sunday restored widely respected Gordhan to the ministry in a dramatic about-face choice that gave Africa’s most sophisticated economy its third finance minister in a week.

(Reporting by Tiisetso Motsoeneng Editing by James Macharia)

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Agen Sabung Ayam

Two senior Gulf commanders killed in Yemen – media

DUBAI Two senior army commanders from Saudi Arabia and the United Arab Emirates were killed along with two Saudi soldiers in Yemen as fighting with a Houthi militia flared prior to Tuesday’s expected peace talks, state media reported on Monday.

Sultan Mohammed Ali al-Kitbi, an Emirati officer, was killed near Taiz, state news agency WAM reported on Monday. Photographs of Abdullah al-Sahian, a best Saudi officer, had been displayed by Saudi-owned al-Arabiya al-Hadath channel on Monday alongside Muslim verses of mourning.

The Houthi militia stated through its personal media outlet that the two had been killed in a rocket attack on the Red Sea coast. The militia, alongside forces loyal to former president Ali Abdullah Saleh, has been battling fighters backed by Gulf states.

The Houthis and Saleh’s former political celebration, the Basic People’s Congress, are sending representatives to Switzerland on Tuesday for talks with Yemen’s internationally recognized government under President Abd-Rabbu Mansour Hadi.

A seven-day renewable ceasefire is scheduled to come into effect on Monday to coincide with the talks. Two preceding attempts at ceasefires, in May and July, were followed by accusations of breaches by each sides.

Saudi Arabia led an Arab coalition in a military campaign from late March to quit the Houthis, allies of Riyadh’s principal regional foe Iran, from taking total manage of Yemen right after they had sophisticated south final year, seizing the capital Sanaa.

The campaign has succeeded in retaking the southern port of Aden and the northeastern city of Marib but has failed to oust the Houthis from Taiz or end attacks on the Saudi border that have killed scores of the kingdom’s soldiers.

Beyond the primary theater of conflict, al Qaeda in the Arabian Peninsula has seized handle of considerably of the province of Hadramawt and Gulf-backed forces have failed to avoid attacks in locations they handle by Yemen’s wing of Islamic State.

Western nations that back Saudi Arabia say they are increasingly alarmed at the humanitarian expense of the war, in which more than five,000 folks have been killed, including far more than 2,000 civilians. It has also pushed Yemen to the brink of famine.

(Reporting by Mohammed Ghobari Writing by Angus McDowall Editing by Paul Tait)

Agen Sabung Ayam

China’s Sinopec constructing filling station in disputed South China Sea

BEIJING Chinese oil main Sinopec is building a filling station on an island in the South China Sea, as China continues to expand its civilian infrastructure in the disputed waterway, entrenching its reach in the maritime heart of Southeast Asia.

The filling station and accompanying storage tank on Woody Island in the Paracels will take a year to total, the company, whose listed flagship is Sinopec Corp, said on its microblog on Monday.

Woody Island has a population of roughly 1,000 and Chinese travel agents started supplying five-day cruises to the Paracels, a cluster of close to 40 islets, outcrops and reefs in 2013.

The filling station and storage tank will satisfy fuel demands in Chinese-controlled islands and reefs in the South China Sea over the next handful of years, the post said.

“Nouveaux riches, go fishing in Sansha city, and bear in mind to bring your filling card,” it quipped, referring to an outpost in the South China Sea centered about Woody Island.

China took full handle of the Paracels in 1974 following a naval showdown with the South Vietnamese, and there have been incidents ever because. Taiwan also claims the Paracels.

China claims practically all of the energy-rich waters of the South China Sea, via which much more than $ 5 trillion of maritime trade passes every single year. The Philippines, Brunei, Vietnam, Malaysia and Taiwan have overlapping claims.

The United States has criticized Beijing’s building of artificial islands in the disputed Spratly archipelago, south of the Paracels, and has conducted sea and air patrols close to them.

China’s navy has in recent days carried out a lot more workout routines in the disputed waterway, the country’s defense ministry mentioned on Sunday, calling them routine drills.

(Reporting By Adam Rose Editing by Michael Perry)

Agen Sabung Ayam

Costa Rica to inform Cuba it can not preserve aiding stalled migrants

HAVANA Costa Rican President Luis Guillermo Solis will inform Cuban President Raul Castro his Central American nation is unable to continue caring for thousands of Cuban migrants indefinitely, seeking to force a resolution to the month-lengthy crisis.

Solis arrived in Cuba on Sunday for the very first official pay a visit to by a Costa Rican president in 72 years with practically five,000 Cuban migrants stranded on his country’s northern border with Nicaragua as they seek to attain the United States.

Solis is due to meet Castro on Tuesday.

“We cannot preserve this task indefinitely,” Solis stated of the effort by national and regional officials, churches and private businesses to help the Cubans, most of them living in shelters.

“With all brotherly frankness, I will pose this in meetings to be held with the presidents of the SICA (Central American Integration Method) and in Havana with President Raul Castro,” Solis said in an address broadcast in Costa Rica.

Solis’ check out to Cuba was planned well ahead of the crisis. Costa Rica re-established relations with Cuba in 2009, the final country in Latin America to do so.

The Cubans started arriving a month ago on their unsafe 7,000-kms (4,400-mile) overland trek from Ecuador, where they could fly without having a visa to the Mexican-U.S. border, exactly where Cubans are offered legal passage into the United States.

When the United States reached detente with Cuba a year ago, it led to a spike in Cuban emigration, partly due to fears the Americans would finish the unique treatment that grants them residence with relative ease.

The issue reached crisis proportions when Costa Rica broke up a gang of human smugglers, leaving the Cubans in the lurch.

Costa Rica closed its border after arresting the smugglers, then granted the Cubans temporary visas to pass by means of.

But Nicaragua, a country additional to the north that is also a close ally of Cuba’s, refused to stick to suit, leaving Costa Rica with an ever developing quantity of migrants.

Almost five,000 are stuck in shelters on the border and an estimated 1,300 to 1,500 are held up in Panama, one particular nation to the south, attempting to move into Costa Rica.

Cuba has repeatedly blamed the United States’ Cold War-era immigration policy for enticing its citizens to danger their lives and fostering human smuggling.

Solis has promised not to deport the Cubans and to continue seeking for a way to get them to the United States.

(Reporting by Marc Frank and Daniel Trotta Editing by Jonathan Oatis)

Agen Sabung Ayam

Wasps 23-25 Bath

Anthony Watson’s final-gasp attempt was his very first of the competition
European Champions Cup
Wasps (12) 23
Tries: Miller Pens: Jackson four, Daly, Gopperth
Bath (15) 25
Tries: Joseph, Banahan, Watson Cons: Ford two Pens: Ford two

Anthony Watson’s 85th-minute converted attempt secured Bath a dramatic win more than Wasps in the European Champions Cup.

With new England boss Eddie Jones watching, Rob Miller’s attempt looked adequate for Wasps soon after Jonathan Joseph and Matt Banahan crossed for Bath.

But Wasps lost two guys to the sin-bin in the final minutes as they attempted to defend a five-point lead.

Watson’s score in the corner followed by George Ford’s difficult conversion handed Bath victory.

Pool 5 leaders Wasps are now only two points ahead of Bath, who have played one particular game fewer, with reigning champions Toulon a additional 4 points behind right after their 24-9 win more than Leinster.

Match stats
Wasps Bath
600 Metres 438
145 Carries one hundred
104 Tackles 162
ten Penalties conceded 10

Regardless of outscoring the hosts 3 tries to a single, Bath have been not at their cost-free-flowing best, and regularly relied on a belligerent rearguard to hold Wasps only metres away from the try-line.

But it was the Wasps defence which was scrambling in the final minutes and, following losing Lorenzo Cittadini and George Smith to the sin-bin, Bath have been able to take possession from an uncontested scrum and tee up Watson.

Daly’s day coming with England?

New England head coach Eddie Jones watched the all-Premiership clash

Amid the drama, England head coach Jones, who also watched Exeter’s tremendous win more than Clermont Auvergne on Saturday, saw numerous Englishmen make instances to be integrated in his initial squad in January.

Joseph’s try, following collecting a loose ball when Tom Ellis tackled Ruaridh Jackson, was a reminder of the centre’s scintillating pace and expert finishing capacity.

Earlier, Banahan, who won the most recent of his 16 Test caps five years ago, combined tremendously with Nikola Matawalu to score right after James Haskell had relinquished possession.

BBC Sport presenter Gabby Logan argued the England case for Daly and Launchbury, who play for her husband Kenny’s former team

Wasps’ Elliot Daly stood out, enhancing his expanding reputation and pressing his England claims.

With Exeter’s Henry Slade injured, there is an opening at centre for subsequent year’s Six Nations, and Daly’s attacking verve and slick passing will make him a tempting alternative to Joseph in the number 13 shirt.

The 23-year-old’s nicely-timed pass enabled Miller to cross soon after countryman Joe Launchbury – excellent at lock – made ground through a gap down the other side of the pitch.

Jones will also have left the Ricoh Arena with the image of England fly-half Ford showing the nerve to kick a conversion that grasped an unlikely victory for the guests.

Wasps: Miller Tagicakibau, Daly, Jacobs, Piutau Jackson, Simpson Mullan, Johnson, Cooper-Woolley Launchbury, Davies Haskell, G. Smith, N. Hughes.

Replacements: Leiua for Jacobs (68), Gopperth for Jackson (59), Robson for Simpson (71), McIntyre for Mullan (67), Cittadini for Cooper-Woolley (48), Gaskell for Davies (64), Jones for N. Hughes (71).

Not Used: Shervington.

Sin bin: Cittadini (79), G. Smith (80).

Bath: Watson Rokoduguni, Joseph, K. Eastmond, Banahan Ford, Matawalu Lahiff, Batty, Wilson Ellis, Attwood Garvey, Louw, Denton.

Replacements: Priestland for K. Eastmond (71), Homer for Banahan (65), Catt for Lahiff (55), Webber for Batty (55), Thomas for Wilson (41), Houston for Ellis (13), Ewels for Denton (59).

Not Utilized: Cook.

Attendance: 9,500

Referee: Jerome Garces (France).