Rally outside Thai parliament as PM survives vote – Yahoo News

rally-outside-thai-parliament-as-pm-survives-vote-–-yahoo-news

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Reuters

Thai protests outside parliament after PM survives vote

Hundreds of protesters gathered outside Thailand’s parliament after Prime Minister Prayuth Chan-ocha and nine ministers survived a parliamentary no-confidence motion on Saturday after a four-day censure debate. “It was a disappointment, but expected,” protest leader Attapon Buapat said. “We want a peaceful protest,” protest leader Panusaya “Rung” Sithijirawattanakul told reporters after speaking to the police.

Associated Press

Thailand’s prime minister survives no-confidence vote

Thailand’s prime minister survived a no-confidence vote in parliament on Saturday amid allegations that his government mismanaged the economy, bungled the provision of COVID-19 vaccines, abused human rights and fostered corruption. It marked the second no-confidence test that Prime Minister Prayuth Chan-ocha’s government has faced since taking office in July 2019, following a contested election after Prayuth seized power in a 2014 coup as the army chief. In the latest motion, Prayuth’s government was also criticized for misusing its power to promote police officials and for establishing a cyber unit to attack government critics on social media, among other complaints.

Good Morning America

Hard freeze warnings persist in the South but warmth on horizon: Latest forecast

Friday brought another frigid morning to the hard-hit South, where temperatures dipped into the teens and 20s. The region gradually will warm up throughout the day, melting some ice and snow, but one more night of cold is expected to re-freeze roadways. Hard freeze warnings remain in effect for parts of the South as wind chills are expected to fall into the teens and 20s, from Texas to Mississippi, on Saturday morning.

The Telegraph

Italian mafia boss in solitary confinement wins right to listen to music in his cell

A mafia boss who has been in prison for more than 20 years has the right to listen to music in his cell, an Italian court has ruled. Domenico Strisciuglio, 48, had requested a CD player for his cell but prison authorities in Sassari in Sardinia declined the request. He appealed and a court in Sassari ruled in his favour, saying that listening to music was a fundamental human right. The court noted that Strisciuglio, a mafia boss from the southern region of Puglia, had access to several television channels but said they were “not capable of satisfying someone who has an interest in listening to music.” Strisciuglio, a once powerful Mafioso from the port of Bari on the Adriatic coast, has been in jail since 1999 after being sentenced to 22 years behind bars for murder and other crimes. The court ruled that despite his violent past, he had “the right to pursue cultural activities.” That was all the more pertinent given that Strisciuglio is being held under Italy’s strictest prison regime, the court said. The regime, designed to minimise the risk that mafia dons continue to communicate with the outside world, means no cultural, recreational or sporting activities, a ban on receiving parcels and no association with other prisoners. Family visits are infrequent and prisoners are held in solitary confinement. In 2019, Strisciuglio won another case when he successfully argued that he should be allowed to watch television past midnight if he wanted to. A court ruled that the prison authorities’ attempts to restrict his viewing amounted to an “unreasonable sacrifice” for an inmate who was confined to his cell “for at least 21 hours a day.” Strisciuglio was head of a clan within a criminal underworld known as the Camorra of Bari – not to be confused with the more famous Camorra of Naples. Bari’s criminal clans are involved in extortion, robbery and drug trafficking.

Associated Press

Air Force orders new review into racial, ethnic disparities

The Air Force inspector general will do a second investigation into racial and ethnic disparities across the force, service leaders said Friday, expanding the review to include gender and additional racial categories such as Asian and American Indian. The latest review comes just two months after the IG released a report concluding that Black service members in the Air Force are far more likely to be investigated, arrested, face disciplinary actions and be discharged for misconduct. The new study also reflects broader campaigns within the Defense Department and the Biden administration to root out extremism and racism.

Benzinga

Price Over Earnings Overview: Arista Networks

In the current session, Arista Networks Inc. (NYSE:ANET) is trading at $313.29, after a 0.65% increase. Over the past month, the stock increased by 0.67%, and in the past year, by 46.57%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 3.96%. The P/E ratio is used by long-term shareholders to assess the company’s market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings. View more earnings on ANET Depending on the particular phase of a business cycle, some industries will perform better than others. Compared to the aggregate P/E ratio of the 57.44 in the Communications Equipment industry, Arista Networks Inc. has a lower P/E ratio of 34.59. Shareholders might be inclined to think that the stock might perform worse than its industry peers. It’s also possible that the stock is undervalued. There are many limitations to P/E ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they’re looking for, from trailing earnings. See more from BenzingaClick here for options trades from BenzingaROCE Insights For Arista Networks12 Information Technology Stocks Moving In Thursday’s After-Market Session© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Reuters

Saudi Arabia to invest more than $20 billion in its military industry over next decade

Saudi Arabia will invest more than $20 billion in its domestic military industry over the next decade as part of aggressive plans to boost local military spending, the head of the kingdom’s military industry regulator said on Saturday. “The government has put a plan that we will be investing in excess of $10 billion in the military industry in Saudi Arabia over the next decade and equal amounts on research and development,” Governor of the General Authority for Military Industries (GAMI) Ahmed bin Abdulaziz Al-Ohali told a defence conference in Abu Dhabi.

Good Morning America

‘Victory shall be ours’: India’s farmers continue their struggle after months of protests

For the best part of two and a half months, Jaivir Nain, 36, has been camped out in a truck along with seven other farmers on the outskirts of India’s capital city of Delhi. Nain’s family are in over $13,000 of debt and they are struggling to take care of the farm in his absence. “This movement is the movement of the masses,” Nain told ABC News at his protest camp on the outskirts of Delhi.

Reuters

Shares rise as cyclical stocks provide support; yields climb

A gauge of global equity markets snapped a three-day losing streak to inch higher on Friday as investors sold technology shares and rotated into economically sensitive cyclical stocks in anticipation the U.S. economy will boom on pent-up demand once the coronavirus pandemic is subdued. Oil prices fell from recent highs as Texas energy companies began preparing to restart oil and gas fields shuttered by freezing weather, while U.S. Treasury yields climbed. A battle continues between tech-led growth stocks and cyclicals, companies that are heavily affected by economic conditions, said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

National Review

Staying in Afghanistan

Madeleine Albright wrote a column for CNN titled “It’s time for the US to make good with Afghanistan.” The author and title ring so thoroughly of long-forgotten causes and names, it might as well be the Reverend Jim Bakker: It’s time for Ike Turner to make good with Tina. And yet, American troops are still in Afghanistan nearly 20 years after they entered. It was over twelve years ago that Barack Obama ran on the idea that Iraq had distracted us from Afghanistan. Even after a surge and overseeing the capture and death of Osama bin Laden, Obama found himself distracted from the war that won’t end. He moved on to Libya, back to Iraq, and then, surreptitiously into Syria. The war in Afghanistan kept going. We even had the typical post-war document dump — The Afghanistan Papers — in late 2019. In there we learned that military brass and elected officials had spent two decades lying to themselves when they weren’t consciously lying to the public. Metrics were invented to show progress and get people new stars on their shoulders. And slowly, slowly, the Taliban just retook control of the countryside. My favorite revelation, from early in the war, was a perceptive memo from Donald Rumsfeld: “We are never going to get the U.S. military out of Afghanistan unless we take care to see that there is something going on that will provide the stability that will be necessary for us to leave.” What do you think we’ll find now that will provide stability? Albright’s intervention outlines the stakes. She begins by noting that the Taliban have embarked on a campaign of assassinations against civic leaders and have rolled back women’s rights where they have taken control of territory. Another refugee crisis could result if the U.S. doesn’t turn things around. Perhaps state collapse. Her suggestion is that the United States should take the occasion of Taliban malfeasance and defection from their agreements to delay or outright cancel U.S. troop drawdowns. So far, no sign of stability in Afghanistan. What else? Well, as usual, we need “closer coordination with NATO allies” on Afghanistan, though she hints that this isn’t primarily about Afghanistan but helping “the broader goal of rebuilding America’s transatlantic relationships.” It’s almost as if the reasons to continue engaging in Afghanistan aren’t primarily about Afghanistan. Has anyone tried to explain in Pashto that the United States is hoping to get Germany to fall in love with Washington again alongside the moonlit Toba Kakar mountains? In any case, NATO seems interested in a date with America. Maybe a dash toward the Hindu Kush. Almost simultaneously with Albright’s column, headlines went out across the world: “NATO Secretary-General Jens Stoltenberg rejects early military pullout from Afghanistan.” By “early,” the news writer means a military pullout at the time NATO agreed to pull out. Still, we haven’t found Rumsfeld’s needed source of stability in Afghanistan. Maybe there is more. Besides NATO allies, Albright holds that we need to engage diplomatically with regional partners. Albright doesn’t name names or quite say it out loud, but the implication is that we need to get Pakistan in line. One suspects or worries she also has in mind Chinese cooperation. “In the long term, Afghanistan will only be able to secure its territory and population only if neighboring countries desist from pushing their narrow interests or playing the role of the spoiler,” Albright writes. So, after 20 years and before exit, the United States must begin completely reformulating Afghanistan’s foreign relations and satisfying or mollifying the interests of its neighbors in their state. Sounds like a tall order to me, especially at this late date. But are we going to get any native source of stability in Afghanistan? Albright has one suggestion: “an independent, third party mediator” to help broker another agreement and set of guarantees between the Afghan government that exists (somewhat) in Kabul, and the Taliban (which rule just about everywhere beyond Kabul). The mediator would “help work through complex and divisive issues in order to support and reach a political settlement.” Including guaranteeing human rights. Who is this mediator? What is the nature of their independence? Well, who’s to say. TBD. We’re not in a rush here. In case it hasn’t come through yet, there is nothing “going on that will provide the stability that will be necessary.” So, there it is. Until we are finally disabused of the fantasy that we can manage, with our European friends, all the domestic politics and foreign policy of a people who are nothing like us, in such a way that they run to our benefit in perpetuity without us, we are never leaving Afghanistan.

Good Morning America

Biden’s message to world: ‘America is back’ — but ‘democratic progress is under assault’ in United States

President Joe Biden told European allies on Friday that “America is back,” repudiating former President Donald Trump’s nationalist approach to the world. “I know the past few years have strained and tested our transatlantic relationship,” he said in remarks to attendees of the Munich Security Conference, an annual international security conference typically held in Germany but turned virtual this year. “But the United States is determined — determined to reengage with Europe, to consult with you, to earn back our position of trust and leadership.”

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