HONG KONG: Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday.
Finance Secretary Paul Chan said during a budget speech that there would be a “cumulative reduction” of government recurrent expenditure by 7 percent from now until 2027-2028. Hong Kong’s deficit had reached $87.2 billion Hong Kong dollars ($11.2 billion) for the financial year of 2024-2025, making it the third straight year of losses.
“It gives us a clear pathway toward the goal of restoring fiscal balance,” Chan said.
He said 10,000 civil servant posts would be cut by April 2027, representing a reduction of about 2 percent of the civil service in each of the next two years. Salaries will also be frozen in the civil service this year.
Chan also said that up to $195 billion Hong Kong dollars ($25 billion) worth of bonds will also be issued in the next five years to ensure progress of important infrastructure projects, with more than half used to refinance sort-term debt.
To boost income, Hong Kong will also raise its airport departure tax from 120 Hong Kong dollars ($15.50) to 200 Hong Kong dollars ($25.70) from the third quarter of the year, representing a 67 percent increase.
Separately, Hong Kong will also make a push into artificial intelligence by leveraging the city’s “internationalized characteristic to develop Hong Kong into an international exchange and co-operation hub for the AI industry.”
Authorities have also earmarked $1 billion Hong Kong dollars for an AI research and development institute, and will set up a $10 billion ($1.29 billion) innovation and technology fund to invest in “emerging and future industries of strategic importance.”
Hong Kong’s finances have been impacted by a weak property sector, as home prices plunged some 30 percent over the last three years. It is also grappling with economic uncertainty and geopolitical tensions as US-China relations deteriorate.
The amount of land premiums paid by developers to the government has declined, hurting Hong Kong’s revenues. Land sales typically made up about a fifth of government income, but this has fallen to just above 5 percent in the last fiscal year.
Hong Kong’s fiscal reserves will shrink 12 percent from $734.5 billion Hong Kong dollars ($94.5 billion) to about $647.3 billion Hong Kong dollars ($83.3 billion) by the end of March, and a further 10 percent in 2025-26, Chan said.
Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
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Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
Pope Leo appeals for ‘reason’ amid Israel-Iran airstrikes, calls for dialogue
- Pontiff tells audience in St. Peter’s Basilica he is following the situation with “great concern”
VATICAN CITY: Pope Leo appealed on Saturday for authorities in Iran and Israel to act with “reason” after airstrikes between the two countries killed dozens and sent civilians into shelters, and called on the nations to pursue dialogue.
Leo, in one of the strongest peace appeals yet of his five-week papacy, told an audience in St. Peter’s Basilica he was following the situation with “great concern.”
“In such a delicate moment, I strongly wish to renew an appeal to responsibility and to reason,” said the pope.
“The commitment to building a safer world free from the nuclear threat must be pursued through respectful encounters and sincere dialogue to build a lasting peace, founded on justice, fraternity, and the common good,” he said.
“No one should ever threaten the existence of another,” said Leo. “It is the duty of all countries to support the cause of peace, initiating paths of reconciliation and promoting solutions that guarantee security and dignity for all.”
Leo was elected on May 8 to replace the late Pope Francis and is the first pope from the United States. Unlike Francis, who often spoke off the cuff at public events, Leo is more cautious with words and almost always speaks from a prepared text.
The pope read aloud his appeal on Saturday in Italian from a piece of paper.
Israel launched a large-scale attack on Iran early on Friday, targeting commanders, military targets and nuclear sites in what it called a “preemptive strike” to prevent Iran from developing a nuclear weapons program.
Iran, which denies that its uranium enrichment activities are part of a secret weapons program, retaliated by launching waves of missiles at Israel, killing at least two people and injuring dozens.
King Charles III to mark Air India tragedy with moment of silence during annual birthday parade
LONDON: King Charles III and other members of the royal family will wear black armbands and there will be a moment of silence during his annual birthday parade Saturday as the monarch commemorates those who died in this week’s Air India plane crash.
Charles requested the symbolic moves “as a mark of respect for the lives lost, the families in mourning and all the communities affected by this awful tragedy,” Buckingham Palace said.
An Air India flight from the northwestern city of Ahmedabad to London crashed shortly after takeoff on Thursday, killing 241 people on board and at least 29 on the ground. The plane was carrying 169 Indians, 53 Britons, seven Portuguese and one Canadian. One man survived.
In addition to being Britain’s head of state, Charles is the head of the Commonwealth, an organization of independent states that includes India and Canada.
The monarch’s annual birthday parade, known as Trooping the Color, is a historic ceremony filled with pageantry and military bands in which the king reviews his troops on Horse Guards Parade adjacent to St. James’ Park in central London.
All members of the royal family taking part in the parade will wear black armbands. The moment of silence will occur when the king is on the dais after reviewing the troops.
Charles’ mother, Queen Elizabeth II, held a similar moment of silence in 2017 when Trooping the Color took place three days after a fire ripped through the Grenfell Tower apartment bloc in west London, killing 72 people.
US warship arrives in Australia ahead of war games, summit
- More than 30,000 personnel from 19 militaries have begun to arrive in Australia for Talisman Sabre, the largest Australian-US war-fighting exercise
SYDNEY: A key US warship arrived in Australia on Saturday ahead of joint war games and the first summit between Prime Minister Anthony Albanese and President Donald Trump, which is expected to be dominated by military issues.
The America, the US Navy’s lead amphibious assault ship in the Indo-Pacific, entered Sydney Harbor as the first of three ships in a strike group carrying 2,500 sailors and marines, submarine-hunting helicopters and F-35B fighter jets.
More than 30,000 personnel from 19 militaries have begun to arrive in Australia for Talisman Sabre, the largest Australian-US war-fighting exercise. It will start next month and span 6,500 km (4,000 miles), from Australia’s Indian Ocean territory of Christmas Island to the Coral Sea on Australia’s east coast.
The commander of the America, Rear Admiral Tom Shultz, said exercising in Australia was critical for the US Navy’s readiness, while the Australian fleet commander, Rear Admiral Chris Smith, said the “trust and robust nature” of the bilateral relationship allowed the two allies to deal with change.
“The diversity of how we view the world is actually a real great strength in our alliance,” Smith told reporters, adding that Australia also had strong relationships with nations across the region.
Albanese and Trump are expected to meet on the sidelines of a summit in Canada of the Group of Seven economic powers, which starts on Sunday. Washington’s request for Canberra to raise defense spending to 3.5 percent of gross domestic product from 2 percent is expected to dominate the discussion.
The Pentagon said this week it was reviewing its AUKUS nuclear submarine partnership with Australia and Britain. Australian Defense Minister Richard Marles said on Saturday this was “not a surprise,” adding the two countries continued to work closely.
But Michael Green, a former national security adviser to President George W. Bush, said it was unusual for the review into AUKUS to be conducted solely by the Pentagon and that Trump might link it to the spending request or to tariffs.
“It is unusual to make the review unilateral and public right before a summit, even if the Australian side knew. That is not good alliance management – it jams the Australian side,” said Green, president of the United States Studies Center in Sydney.
Support for AUKUS in the Congress and US Navy is considerable, however, and the review is unlikely to result in the submarine program being canceled, he said.
India will participate for the first time in Talisman Sabre, along with a large contingent from Europe, said the exercise’s director, Brig. Damian Hill. Australia, Singapore, the US and Japan will hold large-scale live firings of rocket and missile systems, he said.
“It is the first time we are firing HIMARs in Australia, and our air defense capability will work alongside the United States Patriot systems for the first time, and that is really important,” Hill added.
US Marines deploy in LA ahead of mass anti-Trump protests
- Men in fatigues and carrying semiautomatic rifles were seen around a federal building
- Many in Los Angeles are angry about immigration raids being carried out
LOS ANGELES, United States: Armed Marines arrived on the streets of Los Angeles Friday, part of a large deployment of troops ordered by Donald Trump that has raised the stakes between the US president and opponents criticizing him of growing authoritarianism.
Men in fatigues and carrying semiautomatic rifles were seen around a federal building, where passersby questioned why they were in an area 18 kilometers from the protests against immigration raids.
“Taxpayer dollars could be used for other things,” RonNell Weaver said. “Is this really necessary?”
AFP witnessed Marines temporarily detaining one man at the federal building before they handed him over to law enforcement.
The US military would not say why he was detained, despite multiple requests, but the incident appeared to be a minor – albeit extremely rare – example of federal troops detaining a US civilian.
Seven hundred Marines – normally used as crack troops in foreign conflicts – along with 4,000 National Guard soldiers are tasked with protecting federal buildings, while local police handle protests over Trump’s sweeps for undocumented migrants.
An intense legal battle is underway over Trump’s authority to deploy troops on US soil as the country braces for widespread protests Saturday, when the Republican will be overseeing a rare large-scale military parade in Washington.
The parade celebrates the 250th anniversary of the US Army but also coincides with Trump’s 79th birthday, and will be the first time tanks and other heavy weaponry have rolled through the capital city in three decades.
In response, a “No Kings” movement has sprung up promising to stage protests in more than 2,000 places across the country, including a large demonstration expected in Los Angeles, which organizers say will feature a “20-foot-tall balloon of Trump wearing a diaper.”
“Unprecedented” crowds could attend, Los Angeles Police Chief Jim McDonnell told reporters Friday.
Los Angeles County Sheriff Robert Luna, whose deputies are part of a large law enforcement response in the enormous city, urged protesters to behave properly.
“It’s a good cause, but we do not want violent agitators out there destroying property or committing acts of violence,” he said.
Mayor Karen Bass said demonstrations are expected to be “even larger because of what has happened in our city.”
“We do call on people over the weekend to demonstrate peacefully, to exercise your first amendment right, to not play into the hands where it could be used as a pretext to roll out troops in our city,” she said in a news conference.
In a show of political force, Trump overrode the objections of Democratic Governor Gavin Newsom to deploy California’s National Guard.
The president has repeatedly exaggerated the scale of violence, claiming that without troops, Los Angeles would be “burning to the ground right now.”
On Thursday, District Judge Charles Breyer ruled Trump’s actions were “illegal” and ordered that he return control of the guard to Newsom. Breyer said the LA unrest fell “far short” of the “rebellion” Trump had described.
However, a higher court quickly paused the order pending an appeal hearing with the Trump administration next Tuesday.
The Department of Justice slammed Breyer’s ruling as “an extraordinary intrusion on the President’s constitutional authority as Commander in Chief.”
The dispute mirrors multiple other tussles over Trump’s attempts to expand the limits of presidential power – but is the first to involve troops.
Many in Los Angeles are angry about immigration raids carried out as part of Trump’s ambition to deport vast numbers of undocumented migrants from the country.
About 100 mostly good-natured protesters gathered Friday evening outside the federal detention center in Los Angeles that has been at the heart of the rallies, ahead of a nightly curfew placed on the downtown area by the mayor.
In a sign of how contained the demonstrations have been, however, those attending a performance of “Hamlet” – Shakespeare’s play about a mad prince – and other shows at nearby venues were exempt from the curfew.
Outrage at Trump’s raids and the use of masked, armed immigration agents backed by uniformed soldiers have also sparked protests in other cities, including San Francisco, New York, Chicago and San Antonio, Texas.
Tensions hiked further Thursday when California Senator Alex Padilla, a Democrat, was handcuffed and forcibly removed from a news conference by Homeland Security Secretary Kristi Noem.
Air India plane crash death toll rises to 279
- Revised toll from a senior officer in the city, who requested anonymity, raises an earlier figure of 265
- Official casualty number will not be finalized until the slow process of DNA identification is completed
AHMEDABAD, India: Grieving families waited Saturday for news after one of the deadliest air disasters in decades, with the toll rising to 279 people killed in the Indian passenger jet crash.
The Air India Boeing 787-8 Dreamliner issued a mayday call shortly before it crashed around lunchtime on Thursday, bursting into a fireball as it hit residential buildings.
On Saturday, a police source said that 279 bodies had been recovered from the crash site in the northern Indian city of Ahmedabad, one of the worst plane disasters of the 21st century.
There was one survivor out of 242 passengers and crew on board the jet when it crashed, leaving the tailpiece of the aircraft jutting out of a hostel for medical staff.
At least 38 people were killed on the ground.
“I saw my child for the first time in two years, it was a great time,” said Anil Patel, whose son and daughter-in-law had surprised him with a visit before boarding the Air India flight.
“And now, there is nothing,” he said, breaking down in tears. “Whatever the gods wanted has happened.”
Distraught relatives of passengers have been providing DNA samples in Ahmedabad, with some having to fly to India to help the process.
The official casualty number will not be finalized until the slow process of DNA identification is completed.
Air India said there were 169 Indian passengers, 53 British, seven Portuguese and a Canadian on board the flight, as well as 12 crew members.
Those killed ranged from a top politician to a teenage tea seller.
The lone survivor, Vishwash Kumar Ramesh, 40, said even he could not explain how he survived.
“Initially, I too thought that I was about to die, but then I opened my eyes and realized that I was still alive,” Ramesh, a British citizen, told national broadcaster DD News from his hospital bed.
Aviation Minister Ram Mohan Naidu Kinjarapu said Friday that a flight data recorder, or black box, had been recovered, saying it would “significantly aid” investigations.
Forensic teams are still looking for the second black box, as they probe why the plane crashed after lifting barely 100 meters (330 feet) from the ground.
US planemaker Boeing said it was in touch with Air India and stood “ready to support them” over the incident, which a source close to the case said was the first crash for a 787 Dreamliner.
