Sudanese protesters march in Khartoum on August 1, 2019, to denounce the Al Obeid killings. AFP
Sudanese protesters march in Khartoum on August 1, 2019, to denounce the Al Obeid killings. AFP
Sudanese protesters march in Khartoum on August 1, 2019, to denounce the Al Obeid killings. AFP
Sudanese protesters march in Khartoum on August 1, 2019, to denounce the Al Obeid killings. AFP

Sudan military and opposition move closer in transition talks


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Opposition leaders said on Thursday they had resolved major sticking points in talks with Sudan's military rulers, bringing them closer to a deal on forming a new transitional government after the ousting of long-time leader Omar Al Bashir.

The reported progress came three days after talks were thrown into question following the killing of six people, including four children, at a rally in Al Obeid as they protested over bread and fuel shortages.

Four more protesters were shot dead Thursday in Omdurman, the twin city of Sudan's capital Khartoum, a doctors committee linked to protesters said, as thousands demonstrated across the country against the deaths on Monday.

"Four protesters have been killed by live ammunition and several wounded at a rally in Omdurman," the committee said.

It was not immediately clear if the new deaths would affect the resumption of talks planned for later on Thursday.

Sudan has been gripped by months of political turmoil and street protests that climaxed in the army overthrowing Mr Al Bashir in April. Opposition groups kept up their demonstrations, demanding the army hand over to civilians.

Despite signing a deal in July which secured a three-year transition period and a joint sovereign council with a rotating leadership, talks over the wording of a constitutional declaration on the changes have stumbled.

"The agreement is really now just around the corner," Satea Al Hajj, a leader in the Forces of Freedom and Change (FFC) coalition of opposition groups, said in a press conference in Khartoum on Thursday.

The opposition had demanded that members of the sovereign council should not be granted blanket immunity from prosecution for past crimes, but FFC leaders said on Thursday they had agreed that they could be granted only 'procedural immunity' – meaning top officials could be tried with the permission of two-thirds of the legislative council.

The opposition leaders said both sides also agreed another key point, reaffirming that the parties included in the FFC would have 67 per cent  of the legislative council while the rest will be granted to other opposition and political groups.

Sudan's ruling military council did not immediately confirm the details of the agreements.

Sporadic bouts of violence have delayed negotiations in the past, and the Sudanese Professionals Association, the main protest group and a leading voice in the FFC, called for mass demonstrations on Thursday in response to this week's killings.

On Wednesday, a top general in the ruling military council said that members of the feared paramilitary Rapid Support Forces (RSF) were responsible for the killings in Al Obeid, 400 km southwest of Khartoum.

The rally was initially stopped with batons by RSF forces who were guarding a nearby bank, Lieutenant General Jamal Aldin Omar Ibrahim said, before they then fired on the protesters.

"The force which was guarding the Sudanese French Bank fired the live rounds that led to the regrettable losses in the state of North Kordofan," he told reporters in Al Obeid late on Wednesday.

"This action led to a reaction from some students who threw stones at the forces," he continued. "This made some members of the force act in their individual capacity to open fire on protesters.”

He also blamed a teachers' committee associated with the SPA for the killings. Some committee members had incited the students to leave their schools and take part in the protests, he said.

Those culpable would be held to account, he said. “We have identified those who fired live ammunition that led to the killing of the six."

Sudan's official news agency SUNA reported that the accused have been handed over to authorities in North Kordofan state. They were sacked following orders from the RSF command and would face trial, it said.

Sustainable Development Goals

1. End poverty in all its forms everywhere

2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

3. Ensure healthy lives and promote well-being for all at all ages

4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

5. Achieve gender equality and empower all women and girls

6. Ensure availability and sustainable management of water and sanitation for all

7. Ensure access to affordable, reliable, sustainable and modern energy for all

8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation

10. Reduce inequality  within and among countries

11. Make cities and human settlements inclusive, safe, resilient and sustainable

12. Ensure sustainable consumption and production patterns

13. Take urgent action to combat climate change and its effects

14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development

15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

17. Strengthen the means of implementation and revitalise the global partnership for sustainable development

Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.

• Bloomberg

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The specs: 2018 Ford Mustang GT

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Power: 460hp @ 7,000rpm
Torque: 569Nm @ 4,600rpm​​​​​​​
​​​​​​​Fuel economy, combined: 10.3L / 100km

ABU DHABI ORDER OF PLAY

Starting at 10am:

Daria Kasatkina v Qiang Wang

Veronika Kudermetova v Annet Kontaveit (10)

Maria Sakkari (9) v Anastasia Potapova

Anastasia Pavlyuchenkova v Ons Jabeur (15)

Donna Vekic (16) v Bernarda Pera 

Ekaterina Alexandrova v Zarina Diyas

ABU DHABI ORDER OF PLAY

Starting at 10am:

Daria Kasatkina v Qiang Wang

Veronika Kudermetova v Annet Kontaveit (10)

Maria Sakkari (9) v Anastasia Potapova

Anastasia Pavlyuchenkova v Ons Jabeur (15)

Donna Vekic (16) v Bernarda Pera 

Ekaterina Alexandrova v Zarina Diyas

The biog

Hometown: Birchgrove, Sydney Australia
Age: 59
Favourite TV series: Outlander Netflix series
Favourite place in the UAE: Sheikh Zayed Grand Mosque / desert / Louvre Abu Dhabi
Favourite book: Father of our Nation: Collected Quotes of Sheikh Zayed bin Sultan Al Nahyan
Thing you will miss most about the UAE: My friends and family, Formula 1, having Friday's off, desert adventures, and Arabic culture and people
 

Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.