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Colombia’s most-wanted drug lord caught

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(Last Updated On: October 25, 2021)

The man Colombia describes as the world’s most dangerous drug trafficker told security forces: “You beat me” when he was captured during an operation this weekend, the government said on Sunday, pledging to extradite him swiftly to the United States.

Dairo Antonio Usuga, known as Otoniel, was caught by Colombia’s armed forces during an operation in a rural area of Colombia’s Uraba region, Antioquia province, which involved more than 500 members of Colombia’s special forces and 22 helicopters, officials said on Saturday, Reuters reported.

Otoniel is accused of exporting hundreds of tonnes of cocaine each year, while President Ivan Duque said after the arrest he is also responsible for killing police officers, recruiting minors and sexually abusing children.

Colombia’s government will file a petition on Monday with the Andean country’s Supreme Court to extradite Otoniel to the United States, Justice Minister Wilson Ruiz told Reuters on Sunday, adding the process could take four weeks to complete.

“Extradition awaits all those who commit international crimes,” Defense Minister Diego Molano told journalists in Necocli, close to where Otoniel, 50, was captured, Reuters reported.

Colombia had offered a reward of up to 3 billion pesos (about $800,000) for information concerning Otoniel’s whereabouts, while the U.S. government had put up a reward of $5 million for help locating him.

Both rewards will be paid, Molano said, while describing Otoniel as “the worst kind” of criminal.

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Pakistan receives $3 billion loan from Saudi Arabia

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(Last Updated On: December 5, 2021)

Pakistan on Saturday received a $3 billion loan from Saudi Arabia, the prime minister’s finance adviser said, as part of an economic support package.

The South Asian country has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency, Reuters reported.

Pakistan’s total liquid foreign reserves stand at $22,498.8 million, based on central bank data.

Shaukat Tarin, finance adviser to Pakistan’s prime minister Imran Khan, said in a tweet: “I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture.”

The loan from Saudi Arabia will be for one year at a 4% interest rate under the terms of the package, which was signed last month, Reuters reported.

“This is positive news … and will help bolster both the foreign exchange reserves and sentiments in the forex market,” Saad Hashemy, executive director at BMA Capital said.

The loan comes a week after the International Monetary Fund agreed with Pakistan on measures needed to revive a stalled $6 billion funding program.

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Uzbekistan’s Samarkand city named 2023 World Tourism Capital

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(Last Updated On: December 5, 2021)

Uzbekistan’s historic city of Samarkand was chosen as the 2023 World Tourism Capital at the 24th General Assembly of the UN World Tourism Organization (UNWTO) in Spain, Uzbekistan’s Tourism and Sports Ministry said in a statement on Saturday.

Samarkand will host the 25th General Assembly of the UNWTO, which will be a “historic event” as it marks the first time in history that the gathering will be held in Uzbekistan, read the statement.

The summit in Madrid was attended by a delegation led by Uzbekistan’s Tourism and Sports Minister Aziz Abdukhakimov, who is also the country’s deputy prime minister.

The opportunity to host a UN organization meeting for the first time is the result of the Uzbek government’s policies and efforts to develop tourism in the country, the statement added.

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Russia, Southeast Asia conclude first joint naval exercise

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(Last Updated On: December 4, 2021)

Russia and the Association of Southeast Asian Nations (ASEAN) have concluded their first joint naval exercise, Indonesia’s navy said on Saturday, as the region faces rising tensions with China.

The three-day exercise off the coast of Indonesia’s Sumatra island aimed at increasing interoperability between the ASEAN member states and the Russian navy in the strategic maritime area. It comes amid rising tensions between major powers in the South China Sea, a resource-rich waterway of geopolitical significance, Reuters reported.

“The exercise has a strategic impact because it was designed to cultivate friendships between the Indonesian government, ASEAN countries and Russia,” the navy said.

The two-stage drills involved eight warships and four aircraft from Russia, Indonesia, Malaysia, Thailand, Vietnam, Singapore and Brunei.

Aleksei Bolotnikov, commander of the Russian warship Admiral Panteleyev, was quoted as saying he hoped the next ASEAN-Russia exercise could take place in Vladivostok, Reuters reported.

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