Macron sees Daesh military defeat in Syria, Iraq within ‘weeks’

French President Emmanuel Macron said that Daesh in Syria and Iraq would be defeated militarily “in the coming weeks.”(AFP)
Updated 20 January 2018
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Macron sees Daesh military defeat in Syria, Iraq within ‘weeks’

TOULON: French President Emmanuel Macron said Friday that the Daesh organization in Syria and Iraq would be defeated militarily “in the coming weeks,” as he laid out plans for bolstering France’s defense capabilities.
“Today, thanks to the efforts of all the nations involved, the Daesh military organization in the Levant is almost completely defeated,” Macron said in a speech aboard a helicopter carrier in the southern port of Toulon.
“I’m confident that in the coming weeks we will achieve a military victory on the ground,” he said.
“I want us now to firmly commit with our partners to stabilization, reconstruction and aide to populations” after years of conflict, he said.
With many of its leaders dead and its fighters on the run, IS has now lost almost all the land it once controlled in Syria and Iraq.
France, which recently pulled out two of the 12 Rafale fighter jets it had been operating in the region, currently has about 1,200 personnel in the international coalition fighting the militants.
Macron said that although combat operations would continue, the country would “adapt” its contribution this year to developments, without providing details.
The French government has increased the 2018 defense budget by 1.8 billion euros, bringing it to 34.2 billion euros ($42 billion).
Macron reiterated his pledge to lift French defense spending to two percent of the country’s GDP by 2025, in line with the target agreed to by NATO members in 2014.
The increased spending will include a “renewal” of France’s nuclear arsenal during his five-year term, Macron said, calling nuclear deterrence “the keystone of our defense strategy for the past 50 years.”


Filipino remittances from the Middle East down 15.3% in 2018

Updated 6 min 5 sec ago
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Filipino remittances from the Middle East down 15.3% in 2018

  • Cash remittances from OFWs in Saudi Arabia fell 11.1 percent last year to $2.23 billion from $2.51 billion previously
  • Personal remittances are a major driver of domestic consumption

DUBAI: Money sent home by overseas Filipino workers (OFWs) in the Middle East went down 15.3 percent to $6.62 billion in 2018 from $7.81 billion a year earlier, latest government data shows.
Lower crude prices, which affected most OFW host countries in the region, the job nationalization schemes of Gulf states and a deployment ban last year of household service workers to Kuwait were the primary reasons for the decline, a reversal from the 3.4 percent remittance growth recorded in 2017.
A government study has noted that Saudi Arabia was the leading country of destination for OFWs, with more than a quarter of Filipinos being deployed there at any given time, together with the United Arab Emirates (15.3 percent), Kuwait (6.7 percent) and Qatar (5.5 percent).
Cash remittances from OFWs in Saudi Arabia fell 11.1 percent last year to $2.23 billion from $2.51 billion a year before; down 19.9 percent to $2.03 billion in the UAE from $2.54 billion in 2017; 14.5 percent lower in Kuwait to $689.61 million from $806.48 million and 9.2 percent down in Qatar to $1 billion in 2018, from $1.1 billion a year earlier.
The Philippine government issued a deployment ban for Kuwait early last year, and lasted for five months, after a string of reported deaths and abuses on Filipino workers in the Gulf state.
OFW remittances from Oman, which implemented a job nationalization program like that of Saudi Arabia and the UAE, dove 33.8 percent to $228.74 million in 2018 from $345.41 million a year before. In Bahrain, cash sent by Filipinos rose 2.2 percent to $234.14 million last year from $229.02 million previously.
Meanwhile, overall OFW remittances grew 3 percent year-on-year to $32.2 billion, the highest annual level to date.
“The growth in personal remittances during the year was driven by remittance inflows from land-based OFs with work contracts of one year or more and remittances from both sea-based and land-based OFs with work contracts of less than one year,” the Philippine central monetary authority said.
Personal remittances are a major driver of domestic consumption and in 2018 accounted for 9.7 percent of the Philippines’ gross domestic product.