Relatives of missing Iraq soldiers storm parliament



BAGHDAD //Angry relatives of missing Iraqi soldiers stormed the parliament building in Baghdad on Tuesday, attacked MPs and began a sit-in in its main chamber, an official said.

Anti-riot police were trying to force out the hundreds of protesters, who were demanding to know the fate of relatives who surrendered to militants in June, said the official. They also called for commanders to be held accountable, he added.

The demonstrators assaulted some MPs as well parliamentary staff, and smashed chairs in the cafeteria.

Some 1,700 soldiers surrendered to the militant group ISIL in June as its fighters seized second city Mosul and swept south towards Baghdad.

ISIL subsequently released photographs of dozens of men in civilian clothes apparently being executed by firing squad in a desert area, and said that it had killed hundreds in total.

Parliament was supposed to discuss the issue on Tuesday, but the building was stormed before the start of the session, which has now been postponed until Wednesday.

Security forces were swept aside by the initial ISIl-led onslaught, but are now performing better, retaking areas north-east of Baghdad with the backing of Shiite militiamen and Kurdish fighters.

Meanwhile, in a new report, Amnesty International said militants abducted “hundreds, if not thousands” of women and girls of the Yazidi faith. The extremists also killed “hundreds” of Yazidi men and boys, Amnesty said. In at least one incident, the report said militants rounded them up on trucks, took them to the edge of their village and shot them.

The 26-page report adds to a growing body of evidence outlining the scope and extent of the ISIL’s atrocities since it began its sweep from Syria across neighbouring Iraq in June.

On Monday, the United Nations’ top human rights body approved a request by Iraq to open an investigation into suspected crimes committed by the ISIL against civilians. Its aim would be to provide the Human Rights Council with evidence on atrocities committed in Iraq, which could be used as part of any international war crimes prosecution.

In its report, Amnesty detailed how the advance of ISIL fighters expelled an estimated 830,000 people – mostly Shiites and those belonging to tiny religious minorities that barely exist outside of Iraq. They include Aramaic-speaking Christians, Yazidis, a faith that traces to ancient Mesopotamia, the Shabak, an offshoot of Islam, and Mandeans, a gnostic faith.

Most fled as extremists neared their communities, fearing they’d be killed or forcibly converted to the group’s hard-line version of Islam.

Thousands of Christians now live in schools and churches in northern Iraq. Yazidis crowd into a displaced persons camp and half-finished buildings. Shiites have mostly drifted to southern Iraq.

The sudden displacement of the minority groups appears to be the final blow to the continuity of those tiny communities in Iraq. Their numbers had been shrinking since the US-led invasion of Iraq in 2003, which triggered extremist violence against them.

“Minorities in Iraq have been targeted at different points in the past, but {ISIL} has managed, in the space of a few weeks, to completely wipe off of the map of Iraq, the religious and ethnic minorities from the area under their control,” said Donatella Rovera of Amnesty International.

The Yazidis, in particular, were harshly targeted as IISIL overran their ancestral lands in August.

In one incident, the report said “possibly hundreds” were killed in the village of Kocho on August 15 after militants told residents to gather in a school.

“They separated men and boys from women and younger children. The men were then bundled into pickup vehicles – some 15-20 in each vehicle – and driven away to different nearby locations, where they were shot,” the report said.

ISIL fighters also systematically seized Yazidi women and children, some as they rounded up villagers, others as they tried to flee the militant onslaught, the report said. Their fate is unclear.

The report said they had obtained the names of “scores of the women and children” seized by the group. It said “hundreds, possibly thousands,” were likely being held.

Some captive women are secretly communicating with their families on mobile phones, Amnesty said. They told their families that some girls and young women were separated and taken away, Amnesty said.

It appears that some teenage girls were taken in groups to the homes of ISIL fighters, the report said.

The brother of one girl who escaped the militants told reporters that his 17-year-old sister was held with another Yazidi teenage girl in a house in the Iraqi town of Falluja. Khairy Sabri said militants threatened to kill his sister Samira if she did not convert to Islam. Sabri said his sister was seized on August 3 and was moved three times.

After fighting intensified between Kurdish forces and the militants, the three ISIL fighters guarding the house fled, allowing the women to escape, Sabri said. Sabri said his sister was otherwise unharmed. Amnesty noted allegations that some abducted women were raped or forced to marry fighters.

The group said detained women who were in contact with their families had not been harmed, but “they believe that others have, notably those who were moved to undisclosed locations and have not been heard from since.”

Mahma Khalil, a Yazidi legislator, called on the Iraqi government and international community to urgently help the Yazidis who are still facing “continuing atrocities” by the militants.

“They have been trying hard to force us to abandon our religion. We reject that because we are the oldest faith in Iraq, that has roots in Mesopotamia,” Ms Khalil said.

* Agence France-Press and Associated Press

Should late investors consider cryptocurrencies?

Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.

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Young women have more “financial grit”, but fall behind on investing

In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.

While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.

In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all). 

“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”

Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.

"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."

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FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

What is Bitcoin?

Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.

The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers. 

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Match info

Huddersfield Town 0

Chelsea 3
Kante (34'), Jorginho (45' pen), Pedro (80')

BUNDESLIGA FIXTURES

Friday Stuttgart v Cologne (Kick-off 10.30pm UAE)

Saturday RB Leipzig v Hertha Berlin (5.30pm)

Mainz v Borussia Monchengladbach (5.30pm)

Bayern Munich v Eintracht Frankfurt (5.30pm)

Union Berlin v SC Freiburg (5.30pm)

Borussia Dortmund v Schalke (5.30pm)

Sunday Wolfsburg v Arminia (6.30pm)

Werder Bremen v Hoffenheim (9pm)

Bayer Leverkusen v Augsburg (11.30pm)