Categories
-Top News World News

EU Slams Erdogan Over Varosha Visit

The EU foreign policy chief Josep Borrell has also called for a settlement of the Cyprus problem on the basis of United Nations’ resolutions

The European Union’s High Representative for Foreign Affairs and Security Policy, Josep Borrell, has slammed a visit by Turkish President Recep Tayyip Erdogan to the breakaway Turkish Cypriot north of Cyprus on Sunday during which he called for a “two-state” solution, the media reported.

The EU foreign policy chief has also called for a settlement of the Cyprus problem on the basis of United Nations’ resolutions, Kathimerini reported.

According to the report, Mr Borrell said the  actions “should be urgently reversed” since it will cause “greater distrust and tension in the region.”

It has been reported that Erdogan visited Varosha, a beach resort abandoned by Greek Cypriots fleeing Turkey’s invasion in 1974.

Meanwhile, Erdogan asked the parliament to authorize sending soldiers to Azerbaijan to establish a “peacekeeping center” with Russia to monitor a truce over the disputed Nagorno-Karabakh region, the Arab News reported.

Erdogan’s request followed two days of talks in Ankara with Russian officials about how the two regional powers intend to jointly implement a Russian-brokered cease-fire signed last week.

Turkey is one of Azerbaijan’s closest allies and has strongly defended its right to reclaim lands it lost to ethnic Armenian separatists in a 1988-94 war.

Turkish President Recep Tayyip Erdogan.

On Friday, Russian President Vladimir Putin has signed an order to set up an inter-departmental humanitarian response centre to resolve humanitarian issues and rebuild civil infrastructure in the disputed Nagorno-Karabakh region.

According to the order published by the Kremlin, the centre is tasked with facilitating the return of displaced people to their home in the conflict-ridden Nagorno-Karabakh, reports Xinhua news agency.

Putin also asked the centre to help state bodies of Azerbaijan and Armenia to restore civil infrastructure in Nagorno-Karabakh and create proper conditions for its people to live a normal life.

Armenia and Azerbaijan have been at loggerheads over the mountainous region of Nagorno-Karabakh since 1988. The latest round of armed conflict broke out in the region in September, causing heavy casualties and property losses.

Azerbaijani President Ilham Aliyev, Armenian Prime Minister Nikol Pashinyan and Putin signed a joint statement on Monday, agreeing on a complete ceasefire in the region.

As agreed, Russia will deploy a peacekeeping contingent consisting of 1,960 servicemen with small arms, 90 armoured personnel carriers, and 380 vehicles to the region.

This is the fourth ceasefire since last month.

Photo taken on Sept. 29, 2020 shows a man walking by a house damaged during clashes in the Tartar district bordering the Nagorno-Karabakh region. (Photo by Tofik Babayev/Xinhua)

Exchange of bodies

Azerbaijan and Armenia exchanged the bodies of a number of servicemen who were killed during the fighting around the city of Shusha in the disputed Nagorno-Karabakh region, according to the defence authorities in Baku.

An unspecified number of bodies of the Armenian armed forces were handed over on Saturday, while the bodies of six Azerbaijani servicemen were returned, Xinhua news agency reported.

The Russian peacekeeping force stationed in the Nagorno-Karabakh region also took part in the event, Azerbaijan’s Defence Ministry said in a statement.

Meanwhile, the search and retrieval of the conflict victims are underway with the involvement of the Russian peacekeepers and the Red Cross, according to the Defence Ministry of Armenia.

The exchange was organized in accordance with Article 8 of a joint statement signed on November 8 by Azerbaijani President Ilham Aliyev, Armenian Prime Minister Nikol Pashinyan and Russian President Vladimir Putin, agreeing on a complete ceasefire in the conflict-ridden region.

Also Read: Azerbaijan, Armenia exchange bodies of dead soldiers

Also Read: Armenian, Azerbaijani FMs meet Pompeo in Washington

Categories
-Top News World News

Moderna claims 94% efficacy for its COVID19 vaccine

For the second time in the span of 10 days after the US elections, there’s a Covid-19 gamechanger on the horizon with US pharma giant Moderna announcing that its vaccine has shown more than 94 per cent effectiveness in preliminary data from the company’s ongoing study.

Pfizer Inc had announced 90 per cent efficacy exactly a week ago. Taken together, these two vaccines are firmly on course to seek emergency use authorisation from the US Food and Drug Administration if results hold out in final study results due soon.

Anthony Fauci from Trump’s coronavirus task force is optimistic that these early vaccines will change the course of “everything we do” over the next few months.

Pfizer’s final results are due in the third week of November – around the time of the Thanksgiving holiday.

Covid cases in the US crossed 11 million by November 15, with the latest 1 million coming in a week. The country’s death toll is the world’s highest – more than 246,000 at last count.

Roughly 20 million people could be vaccinated against the coronavirus in December, the chief of the Donald Trump administration’s vaccine coordination programme has indicated. Anywhere from 25 to 30 million people could be vaccinated each month after that.

The US is working with a portfolio of six vaccines, using three different platform technologies and two candidates from each platform: Messenger RNA, live viral vectors and recombinant protein.

Pfizer and Moderna’s vaccines use the messenger RNA platform, Johnson and Johnson and AstraZeneca in partnership with Oxford University are on the live vector path while Novavax and Sanofi/GlaxoSmithKline are building out their vaccine candidates on the recombinant protein platform.

Also Read: WHO calls for ‘fair allocation’ of Covid 19 vaccine

Also Read: Vaccine Success Fuels Covid Fight

Categories
Australia World News

Climate change: Experts ask Australian PM to take action

Chief Executive of the PHAA Terry Slevin said while the pandemic has received much attention in 2020, climate change is a greater threat to humanity….reports Asian Lite News

A coalition of health groups have written an open letter to Australian Prime Minister Scott Morrison calling for urgent action on climate change.

The letter from 29 groups including the Climate and Health Alliance (CHA), the Australian Epidemiological Association (AEA) and the Public Health Association of Australia (PHAA) warned that climate change is accelerating and posing an “existential threat to humanity”, Xinhua news agency reported

“To avoid further health and environmental disasters, governments must take heed of the science, listen to health experts and act now to reduce greenhouse gas emissions and protect the natural environment,” it said.

Chief Executive of the PHAA Terry Slevin said while the pandemic has received much attention in 2020, climate change is a greater threat to humanity.

“Climate change is something which poses just as significant, if not a greater, challenge in terms of the impacts on human health, societies and economies,” he said.

“We are already witnessing the public health impacts of climate change through bushfires and smoke, through heatwaves, through communities devastated by drought.”

Morrison has repeatedly declared that he will not be pressured into adopting a 2050 net-zero emissions target.

The open letter came days after the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Bureau of Meteorology (BOM) published their sixth biennial State of the Climate report.

The landmark report found that Australia is already under the effects of climate change, with the country experiencing more extremely hot days in 2019 than triple the number in any of the years prior to 2000, leading to an increased threat from bushfires, droughts, floods and tropical cyclones.

Also read:Australian vaccine ready for clinical trials

Categories
Australia World News

Melbourne cancels iconic New Year fireworks

The annual New Year Eve fireworks show in Melbourne has been cancelled and replaced with a two-day street food festival this year due to the Covid-19 pandemic, the City Council said on Monday.

The change has been made to avoid large-scale outdoor gathering as the fireworks show usually attracts about 400,000 people to the second largest Australian city which could become a public health threat during a pandemic, Xinhua news agency quoted the Council as saying in a statement.

Instead, dining precincts will be set up across the city of Melbourne, encouraging people to enjoy their New Year celebrations at more than 50 venues, some are located at the most popular eat streets such as Flinders Lane and Little Bourke Street.

The Lord Mayor of Melbourne Sally Capp said the New Year Street Feasts will support local hospitality businesses that had been hit hard during the pandemic lockdown.

Melbourne

“This has been an incredibly tough year and we want to mark its end by celebrating and supporting Melbourne’s wonderful cafes, bars and restaurants,” Capp said.

“We are tailoring a program to safely encourage more patrons into our incredible and deserving hospitality businesses that have struggled through lockdown restrictions.”

The cancellation came after Melbourne ended its Covid-19 lockdown which lasted for almost four months.

As of Monday, the Australian state of Victoria, where Melbourne is the capital, recorded its 17th consecutive day without any new case or virus-related deaths.

In a similar move last week, New South Wales (NSW) Premier Gladys Berejiklian had announced that Sydney’s New Year’s Eve firework display will be scaled down by several minutes and spectators will be banned from harbour-side vantage points in the wake of the pandemic.

Due to its time zone, Sydney usually hosts the first major New Year’s Eve celebrations of the globe, centering on the Harbour Bridge and Opera House, in a display which attracts thousands of people to the harbour and surrounding area.

Also Read: Australian vaccine ready for clinical trials

Categories
Politics World News

Peru’s new president steps down amid protests

He made the announcement after the country’s Congress held a crisis session on Sunday and asked him to resign amid the social protests, which have left at least two people dead….reports Asian Lite News

Peruvian President Manuel Merino, who was appointed last week following his predecessor Martin Vizcarra’s impeachment, has resigned amid protests that broke out across the country after he assumed the post.

“I want to inform the entire country that I presented my irrevocable resignation … and I invoke peace and unity of all Peruvians,” Xinhua news agency quoted Merino as saying in a televised address to the nation on Sunday.

He made the announcement after the country’s Congress held a crisis session on Sunday and asked him to resign amid the social protests, which have left at least two people dead, according to local media reports.

“Nothing justifies that a legitimate protest should trigger the deaths of Peruvians,” Merino said, adding that “these events should be thoroughly investigated by the corresponding authorities to determine all responsibilities”.

“My commitment is to Peru and I will do my best to guarantee the constitutional succession that Congress determines,” he said.



Merino became the third President of Peru to serve during the 2016-2021 presidential term, following Pedro Pablo Kuczynski and Vizcarra.

Prior to Merino’s announcement, Luis Valdez, the President of Congress, announced that the Legislative Board of Directors would be renewed to begin the process of choosing a new President.

Members of the Purple Party, who largely voted against Vizcarra’s removal, presented a proposal to return Vizcarra to office.

“Vizcarra and his cabinet will resume their positions immediately to continue with the efforts against the pandemic and the economic crisis. We Peruvians cannot wait,” the party’s proposal stated.

Vizcarra said on Sunday that “a big step has been taken to restore democracy in our country” ,which has been mired in protests in recent days.

“The resignation of Merino is a step; but it does not solve the problem, because the call that all of Peru has made is not for Merino to step aside, but to recover democracy in our country,” the ousted leader told the the media.

Also read:Trump urges Congress to pass Covid-19 relief bill

Also read:Trump Concedes Defeat, Puts Blame On Election

Categories
Politics World News

Libya to hold national elections in December 2021

Representatives of the six-day forum have reached a preliminary agreement on a roadmap for the preparatory phase towards the national elections, said William special representative of the UN…reports Asian Lite News

Representatives across the Libyan social and political spectrum have agreed to hold national elections in December 2021, the UN Mission in the country has announced.

The 75 representatives reached the agreement at the Libyan Political Dialogue Forum, an inclusive intra-Libyan political dialogue platform, Xinhua news agency quoted Stephanie Williams, head of the UN Support in Libya, as saying at a virtual press conference on Friday.

The forum was launched under the auspices of the UN shortly after the Libyan parties signed a UN-sponsored permanent ceasefire agreement in Geneva on October 23 with an aim to discuss a political roadmap to end their year-long conflict and achieve lasting peace.

Representatives of the six-day forum have reached a preliminary agreement on a roadmap for the preparatory phase towards the national elections, said William, who is also the acting special representative of the UN Secretary General in Libya.

She said that the representatives have started outlining the competencies of a reformed presidency council and a government of national unity.

Participants of the talks “are taking steps to ensure that the candidates for the selection process are asked to adhere to the principles of inclusivity, transparency, efficiency, pluralism, collegiality, and patriotism”, Williams said.

The east-based army and the UN-backed government had been engaged in a deadly armed conflict for more than a year in and around Tripoli, which ended in early June with the UN-backed government announcing takeover of all western Libya after withdrawal of the east-based army.

The fighting has killed and injured hundreds of civilians and displaced more than 150,000 others.

Also read:EU hails Libyan political dialogue forum

Categories
-Top News World News

Stop building new coal plants: UN

United Nations Secretary-General Antonio Guterres has called on all countries to stop building new coal power plants in his video message to the East Asia Summit 2020.

“To reach carbon neutrality by 2050, I am calling for all countries to stop building new coal power plants and for partners to stop financing them,” said the Secretary-General.

“Countries also need to put a price on carbon and end subsidies for fossil fuels. Our response to the Covid-19 crisis must be aligned with the Paris Agreement and Sustainable Development Goals. In all these efforts, you can count on the support of the United Nations system,” the UN chief added.

Guterres noted that efforts must be made to “use the Covid-19 recovery effort to build green climate-resilient economies and work towards carbon neutrality by 2050,” the Xinhua news agency reported.

“This will, incidentally, also drive the job creation that will reduce inequality and address the air pollution that is choking many Asian cities. I commend the recent decisions of China, Japan and the Republic of Korea committing to net zero emissions,” the Secretary-General added.

The East Asia Summit (EAS) is a regional forum held annually by leaders of, initially, 16 countries in the East Asian, Southeast Asian, South Asian and Oceanian regions, based on the ASEAN Plus Six mechanism. Membership expanded to 18 countries including Russia and the United States in 2011. Since its establishment, ASEAN has held the central role and leadership in the forum. EAS meetings are held after the annual ASEAN leaders’ meetings, and plays an important role in the regional architecture of Asia-Pacific.

Also Read: Air pollution linked to hypertension, heart diseases: Study

Also Read: Five Coal Mines On Auction Garner Wide Interest

Categories
-Top News World News

Saudi Gears Up To Host G20 Summit

Saudi Arabia is gearing up to host the upcoming two-day virtual summit of G20 leaders, an international forum for the governments and central bank governors, from 19 countries and the European Union (EU) from November 21.

In 2021, Italy will host the G20 Summit and in 2022 India will host the summit, when the country celebrates its 75th year of Independence.

Saudi Arabia assumed the G20 presidency in December last year, but as the Covid-19 pandemic crippled the world economies and health systems, it was decided to hold the summit on a virtual platform.

In December 2019, Saudi Arabia had unveiled an ambitious theme for its G20 presidency, namely ‘Realising Opportunities of the 21st Century for All’.

The three pillars of the theme included empowering people, safeguarding the planet and shaping new frontiers.

The Saudi Arabia G20 presidency has been driving harmonious efforts to address social and economic inequalities between men and women with the aim of ‘Realising Opportunities of the 21st Century for All’.

The upcoming meeting on November 21-22 is going to be a landmark one. Coupled with key ministerial meetings and leaders’ summits, the G20 has attached great attention to the work of the eight engagement groups, as they constituted the core of the efforts of the G20 for this year, with the aim of building a more resilient and better world for all.

However, the presidency had to redirect its focus towards addressing the immediate and the future fallouts of the pandemic and engage all the leaders on a regular basis to form coordinated responses to the pandemic.

Even then, holistic development and access to equal opportunities for all remained the focus of all efforts by G20 countries.

Through coordinated efforts and constant virtual engagements, the group has implanted a number of schemes at the global level to deal with the economic, health and social challenges resulting from the pandemic.

The first extraordinary G20 leaders’ virtual summit was held on March 26 where leaders agreed to take all necessary measures to contain the pandemic.

The meeting was also a result of a discussion between Prime Minister Narendra Modi and Saudi Arabia Crown Prince Mohammed bin Salman.

Saudi Arabia had pledged $500 million to relevant international organizations to support global efforts in combating the pandemic. Since then, virtual conferences and ministerial meetings have been held at regular intervals. During the second virtual meeting, the countries agreed to suspend debt service payments for the world’s poorest countries through the end of the year.

During the third meeting, the ministers welcomed the progress achieved under the Debt Service Suspension Initiative (DSSI). It has benefitted 43 countries till date and the relief has been extended by six months.

Since March, the G20 nations have injected $11 trillion as part of targeted fiscal policy and economic measures. The G20 has contributed over $21 billion to support the production, distribution, and access to diagnostics, therapeutics, and vaccines.

Also Read: INDIA: G20 Summit To Boost Global Economy

Categories
Economy World News

Pandemic To Reshape Global Economy: Moody’s

The global economic recovery over the coming year will be highly dependent on the development and distribution of a coronavirus vaccine, effective pandemic management as long as the virus remains a public health risk, and government policy support, Moody’s Investors Service said on Thursday.

In a new report, the agency’s baseline forecasts assume that difficulty in controlling the virus will hinder the gradual process of recovery in the short term.

However, Moody’s expects pandemic management will continue to improve over time, thereby reducing fear of contagion and allowing for a steady normalization of social and economic activity.

As a result, the virus is expected to become a less important macroeconomic concern throughout 2021 and 2022.

“The Covid-19 shock has triggered extraordinary fiscal policy responses from governments in advanced economies, including the US, Europe and Japan, facilitated by a large expansion of their central bank asset purchase programs,” said Moody’s Vice President-Senior Credit Officer Madhavi Bokil.

“Looking ahead, we expect advanced economy central banks to actively hold down yields across all maturities and to expand asset purchases to include a wider range of assets if the economic backdrop remains difficult. For most emerging market countries, the scope for additional rate cuts is limited and we do not expect emerging market central banks to carry on with quantitative easing measures once the recovery strengthens.”

The economic shock from the pandemic comes as the world is grappling with multiple challenges ranging from climate risks, a reassessment of the merits of globalization and increased social disaffection. Moody’s said the pandemic will likely usher in new secular shifts that will reshape the global economy, politics and international institutional frameworks.

These shifts, according to the agency, will be the most visible in four ways: an increase in populism and inward-looking policies in the event of a jobless recovery or a recovery that increases inequality, geopolitical realignment, a policy push for a “greener” economy, and a technological transformation that could make a large number of jobs obsolete.

Geopolitical and trade risks will remain a key focus in the year ahead as the relationship between the world’s two largest economies, the US and China has deteriorated.

The agency does not believe that the Biden administration would differ materially from the current administration with regard to these issues. Decoupling of the Chinese economy from the US is likely in the areas of trade, technology and investment. For other countries, the pandemic shock has also led to both economic and national security concerns about supply-chain vulnerabilities and economic dependencies.

The emphasis of various governments on shoring up domestic productive capacities can also be viewed as an attempt to reduce their codependence on the global economy, Moody’s said.

Also Read: INDIA: G20 Summit To Boost Global Economy

Also Read: India Enters First Ever Recession: Reserve Bank

Categories
-Top News COVID-19 World News

WHO calls for ‘fair allocation’ of Covid 19 vaccine

Based on current projections, Pfizer and BioNTech expect to produce globally up to 50 million vaccine doses this year and up to 1.3 billion doses in 2021…reports Asian Lite News

WHO Director-General Tedros Adhanom Ghebreyesus has called for “fair allocation” of a Covid-19 vaccine after drugmakers Pfizer and BioNTech this week said that their vaccine candidate was found to be more than 90 per cent effective in preventing the disease in interim analysis of data.

Addressing the member states at the 73rd World Health Assembly on Tuesday, the WHO chief said that the UN health agency welcomes Pfizer’s “promising news” and expect additional effective vaccines in near future along with advances in testing and therapeutics.

“I called on Member States to reiterate their commitment to fair allocation of a #COVID19 vaccine. We mustn’t leave any country behind in the response,” Ghebreyesus said.

Based on current projections, Pfizer and BioNTech expect to produce globally up to 50 million vaccine doses this year and up to 1.3 billion doses in 2021.

The issue of challenges of distributing a potential vaccine such as the one being developed by Pfizer and BioNTech was also raised by Matshidiso Moeti, WHO’s Regional Director for Africa.

“The exciting news yesterday (Monday) of a possible effective vaccine becoming available presages significant cold chains challenges for African countries by the type of vaccine that that is. Which will need to be factored into the support to be provided,” Moeti said.

In his opening speech at the World Health Assembly on Monday, the WHO chief said that a vaccine is needed urgently to control the pandemic.

“But as you know, it will not fix the vulnerabilities at its roots,” he said.

“A vaccine cannot address the global under-investment in essential public health functions and resilient health systems, nor the urgent need for a ‘One Health’ approach that encompasses the health of humans, animals and the planet we share.

“There is no vaccine for poverty, hunger, climate change or inequality,” the WHO chief said.

Also read:Pfizer CEO sold $5.6 Mn stock on vaccine announcement day