‘Accountability elusive’ a year after Nigeria protest killings: Amnesty

On the first anniversary of the protests, Amnesty International claimed that the Nigerian government has failed to hold accountable the police who staged massive 2024 demonstrations against rising living costs.

The human rights group stated in a statement on Friday that Nigerian police “bizarrely continue to deny strong allegations of extrajudicial execution, torture, and unlawful arrests of the protesters.”

At least 24 people were killed when police opened fire on the protests, which broke out in August of last year under the hashtag #EndBadGovernanceInNigeria, according to an investigation conducted by Amnesty International.

Demonstrators erupted in protest of rising fuel prices and inflation, which the government had pushed to bring the economy back on track.

No one member of the security forces has been charged in the year-long ongoing human rights violations, according to Isa Sanusi, director of Amnesty International Nigeria, in a statement released on Friday.

“These atrocities must be accountable for those who perpetrate them.”

On August 2, 2024, a man protests against economic hardship in Lagos, Nigeria. [Sunday Alamba/AP Photo]

The AFP news agency contacted a spokesman for Nigeria’s Ministry of Justice for comment, but the spokesman declined to respond.

Amnesty International claimed that in all the killings, police shot protesters “at close range, frequently at the head or torso, implying that officers were killing.”

The Nigerian authorities are yet to implement necessary and effective measures to protect, defend, advance, and defend the rights to peaceful assembly, including ending the killing, detention, arbitrary arrests, and mass surveillance, Sanusi said.

The rights group also criticized the hundreds of protesters who were detained for a range of alleged crimes, calling them “sham trials.”

According to Amnesty International, the charges include “levying] war against the state in order to intimidate or overawe the president,” as well as “using WhatsApp group chats,” inciting mutiny, chanting “Tinubu must go,” and calling on the military to take over the government from President Bola Ahmed Tinubu, and” intent to destabilize Nigeria.”

Economists have praised Tinubu’s reforms, including ending a costly fuel subsidy and floating the naira currency, but they have also caused the nation’s living costs to rise.

The Nigerian government has been forced to step down from its protester prosecutions at times despite the death of no one.

Difficulty and hungry youths, many of them children, showed up in court in November, causing outcry over how they were treated in jail. Later, Tinubu gave the order to release them.

Pakistan and Afghanistan pen UAE T20 tri-series before Asia Cup

In order to prepare for the T20 World Cup next year, the United Arab Emirates will host a Twenty20 tri-series featuring Afghanistan and Pakistan later this month.

Starting August 29th, Sharjah will host all seven of the tri-series games. The top two teams must compete against each other twice to reach the final.

India and Sri Lanka have already secured direct admission to the T20 World Cup, which will be held jointly. In addition to qualifying, UAE will need to play in Oman for the Asia-East Asia and Pacific qualifiers.

Afghanistan, which finished seventh overall in the last T20 World Cup, hasn’t played a T20 since a bilateral series against Zimbabwe late last year. In the United States, Pakistan is currently playing a T20 series against the West Indies.

Trump calls on Fed board to take control from Powell over interest rates

US President Donald Trump has requested that Jerome Powell retake control of the central bank in exchange for lower interest rates.

Trump, who has been campaigning for interest rates for months, increased his attacks on Powell by suggesting that the central bank chief should be stripped of his authority in a string of social media posts on Friday.

Trump wrote that “Jerome ‘Too Late’ Powell, a resolute MORON, must significantly lower interest rates NOW.”

The board should assume control and carry out what everyone is aware of has been accomplished if he persists in refusing to do so!

Interest rates will remain steady at 4.25 to 4.5% as of earlier this week, according to Powell.

The rates for private lending across the nation are indirectly determined by the central bank.

When the Federal Reserve, or Fed, recognizes the need to boost economic activity, it lowers interest rates to lower borrowing costs and transfer funds to the economy.

The Fed raises interest rates in contrast to bringing inflation under control.

Political officials are not related to the central bank’s activities.

Interest rates dropped to a record low during the COVID-19 pandemic to stop a protracted recession during the lockdown.

The Fed increased interest rates to levels not seen since the Great Recession and supply chain disruption caused by an abundance of money in the economy in 2022.

Trump has been vocal in favor of more US investment because he believes that interest rates should not be kept high because inflation is currently at a sustainable level.

Interest rates have dropped by about 1% over the past year, but Trump has been demanding even greater rates.

Powell’s decision not to cut interest rates was based on a risk of inflation linked to Trump’s trade policies on Wednesday.

He told reporters that while higher tariffs have begun to affect the prices of some goods more clearly, their overall effects on economic activity and inflation are still undetermined.

As Trump’s tariffs began to sputter, a government report earlier this month revealed that consumer prices increased by 0.3% between May and June, up from 0.1% the previous month.

Powell advocated for a cautious approach while monitoring inflation, noting that the price increase may be “short-lived,” but he also warned that it might continue to rise.

Before altering our policy position, he said, “for the time being, we are well positioned to learn more about the likely course of the economy and the evolving balance of risks.” Our current policy position is appropriate to avoid inflation risks, we believe.

The Fed board received surprisingly little dissent from two members, both Trump appointees, who had publicly argued for more rate cuts.

Trump warned Powell on Friday that the dissention “WILL ONLY GET STRONGER.”

Protesters demonstrate against Trump’s steep tariffs in Brazil

On Brazil’s streets, protesters are voicing their disapproval of US President Donald Trump’s severe tariffs on his exports.

Residents of cities like Sao Paulo and Brasilia erupted on Friday as part of Trump’s most recent tariff campaign’s first day to express their anger.

Some of the world’s highest US tariffs are anticipated for Brazil.

In response to a number of political complaints, most notably the prosecution of former Brazilian president Jair Bolsonaro, Trump made the announcement last month that he would increase the import tax on Brazilian goods to 50%.

Bolsonaro, a far-right leader and former army captain, is charged with trying to smuggle his alleged coup d’etat against Luiz Inacio Lula da Silva, the current president. Bolsonaro was president from 2019 to 2023.

A 2024 report from a federal police investigation led to Bolsonaro’s and his allies’ claims that they were trying to sabotage the results of the 2022 election, which he narrowly lost to Lula.

A “state of siege” to suspend civil liberties and compel the military to intervene was reportedly one option they had in mind. That would also open the door for fresh elections.

Supreme Court Justice Alexandre de Moraes, who had accused Bolsonaro of spreading false information about the 2022 election process, was allegedly to poison Lula and execute him.

In the end, De Moraes was in charge of Bolsonaro’s alleged coup attempt, making him a well-known target for Bolsonaro’s supporters.

Trump is one of them. He claimed that the prosecution was politically motivated in his July 9 letter announcing the tariffs, drawing a line from his tariff increase to how Brazil treated Bolsonaro.

“The way that Brazil treated former president Bolsonaro, a highly respected leader throughout the world, including by the United States, is a disgrace,” Trump wrote in a statement.

“This trial shouldn’t be occurring,” he said. A witch hunt needs to end right away.

Trump also accused the Brazilian Supreme Court of launching “insidious attacks on Free Elections” and censoring right-wing voices. Trump has been accused of trying to stifle Joe Biden’s defeat in the US’s 2020 election.

Trump has even threatened de Moraes, frozen his US-based assets, and revoked his visa in an effort to defend Bolsonaro.

Trump has been accused of trying to stifle Brazil’s judiciary by critics, though. Some people have compared the de Moraes’ sanctions and the tariff increase to a push by Brazilian prosecutors to drop Bolsonaro’s case.

On Friday, protesters burned two Bolsonaro-style effigies positioned in an embrace, one representing Trump, the other representing Bolsonaro, on the streets of Sao Paulo. Placards were waved, some with Trump’s forehead protruding from devil horns, and others with cartoons of Moraes flicking Trump’s middle finger.

Meanwhile, a banner read, “Sovereignty is not negotiable,” along with the phrase. On T-shirts and signs were Brazilian flags everywhere.

Switzerland says ‘disappointed’ by Trump tariffs, will try to negotiate

Switzerland says it will try to negotiate its way out of stiff United States tariffs, hours after US President Donald Trump’s administration shocked the European country by announcing plans to impose a 39-percent tariff rate on Swiss goods.

The Swiss government said on Friday that it was “disappointed” and would decide how to proceed after Trump unveiled the 39-percent rate, more than double the 15 percent being applied for most European Union imports into the US.

The new tariffs, which are set to go into effect on August 7, would prove painful for several key Swiss industries, including manufacturing and watchmaking.

The Swiss government said in a statement on social media that it remains in contact with US authorities and “still hopes to find a negotiated solution”.

“The Federal Council notes with great regret the intention of the US to unilaterally burden Swiss imports with considerable import duties despite the progress made in bilateral talks and Switzerland’s very constructive position,” it added.

The Trump administration unveiled a range of new tariffs on many US trading partners on Thursday, saying the move aimed to address a “continued lack of reciprocity in our bilateral trade relationships”.

Nearly 70 countries now face import duties that were due to come into force on Friday. But most will now begin on August 7, giving countries a few days to try to reach an agreement with Washington to stave off or reduce their respective tariff rate.

“Everyone had been focused on August 1 … and now there is a new deadline,” Al Jazeera’s Kimberly Halkett reported from the White House on Friday morning.

“The reason is so that there can be a little bit more time and breathing space to get some more deals done. There were a few that were very close but didn’t quite make the deadline, and so the White House [said] this will allow … for these final agreements to be worked out.”

Trump negotiated trade frameworks over the past few weeks with the EU, Japan, South Korea, Indonesia and the Philippines — allowing the US president to claim victories as other nations sought to limit his threat of charging even higher tariff rates.

He said on Thursday there were agreements with other countries, but he declined to name them.

Asked on Friday if countries were happy with the rates set by Trump, US Trade Representative Jamieson Greer said, “A lot of them are.”

The new tariffs also include a 35-percent duty on many goods from Canada, 50 percent for Brazil, and 20 percent for Taiwan. Taiwan said its rate was “temporary” and it expected to reach a lower figure.

The Trump administration said it decided to impose 39-percent tariffs on Switzerland because of what it called the European country’s refusal to make “meaningful concessions” by dropping trade barriers.

“Switzerland, being one of the wealthiest, highest-income countries on Earth, cannot expect the United States to tolerate a one-sided trade relationship,” a White House official said on Friday.

Swissmem, a group representing the mechanical and electrical engineering industries, said it was “really stunned” by the US move. “It’s a massive shock for the export industry and for the whole country,” said Deputy Director Jean-Philippe Kohl.

“The tariffs are not based on any rational basis and are totally arbitrary … This tariff will hit Swiss industry very hard, especially as our competitors in the European Union, Britain and Japan have much lower tariffs.”

Stock market tumbles

But Trump’s new tariffs have created yet more uncertainty, with many details unclear.

Global stock markets stumbled on Friday, with Europe’s  STOXX 600 down 1.8 percent on the day and 2.5 percent on the week, on track for its biggest weekly drop since Trump announced his first major wave of tariffs on April 2.

Wall Street also opened sharply lower on Friday.

Reporting from the New York Stock Exchange, Al Jazeera’s Kristen Saloomey explained that US markets were “definitely down” following the tariffs announcement, but the drop was not as bad as what was seen after the first round of tariffs in April.

“When the first round of tariffs were enacted, the market did drop substantially, but then clawed back a lot of the losses about a month later as deals were worked out. A lot of economists are saying that this time around, the market has priced in tariffs,” Saloomey said.

Isak’s Liverpool link grows as Newcastle absence continues

According to reports, Newcastle have rejected Liverpool’s initial offer to sign tense Swedish striker Alexander Isak.

After reportedly telling Newcastle he wanted to leave St James’ Park, Isak has been training at his former club Real Sociedad this week.

The Premier League champions are now believed to have formalized their interest with an offer of about 110 million pounds ($146 million) plus potential add-ons after the 25-year-old has been linked with Liverpool since the end of last season.

However, Newcastle, who reportedly valued Isak at 150 million pounds ($199 million), have rebuffed Liverpool’s initial offer.

Isak, who moved from Real Sociedad to Newcastle in a 60-million-pound ($80m) deal in 2022, scored 23 Premier League goals last year to help them advance to the Champions League.

He has three more years on his Newcastle contract, but the club reported that he had a minor thigh injury and did not travel to Asia for the Magpies’ preseason tour.

Real Sociedad confirmed on Thursday that he and his trainers were at Zubieta.

Newcastle reportedly told Isak he could agree to a new deal with a clause for the following year, but he insisted he wanted to move right away when it was reported on Friday.

In the wake of the current transfer window, Liverpool manager Arne Slot has already increased his attacking options by signing Bayer Leverkusen playmaker Florian Wirtz and Eintracht Frankfurt striker Hugo Ekitike.

In order to win back-to-back English titles for the first time since the 1980s, the Reds are eager to add Isak to their forward line, which will only make it stronger.

Eddie Howe, the manager of Newcastle, made a defiant statement earlier this week, saying: “He is still our player. He has a contract with us.

We have some control over what comes next for him, to some extent. I’d like to think that we have every chance still.

“I want him to stay, but I don’t have complete control over that.”