Coronavirus India News LIVE Updates | Week-long total lockdown in Arunachal#39;s Capital Complex from July 6

Coronavirus India News LIVE Updates | Week-long total lockdown in Arunachal#39;s Capital Complex from July 6

July 04, 2020 05:26 PM IST Coronavirus in Uttar Pradesh LIVE updates | UP records 24 more deaths, 757 fresh cases The death toll due to COVID-19 in Uttar Visit the post for more. The American president has gained more than the Mexican leader from their relationship India Nelson provides acts of kindness for the Pemberton area through her Facebook page, Consciously Kind Creator By Luswepo Mutepuka, Kwilanzi News Zambia KITWE Mayor Engineer Christipher Kang’ombe is determined to enforce a Statutory Instrument No. 1 of 2017 on Citizens Economic Empowerment Reservations Scheme signed by President, Dr. Edgar Chagwa Lungu which prohibits foreigners from trading in compounds countrywide. Mayor Kang’ombe, who is Local Government Association of Zambia (LGAZ) President says his Hub of the Copperbelt Province office in consultation with then Kitwe District Commissioner Binwell Chansa Mpundu held a round table discussion in October 2018 with foreign traders and a diversity of stakeholders on the subject of foreign nationals engaging in retail, poultry farming and…

Coronavirus in Uttar Pradesh LIVE updates | UP records 24 more deaths, 757 fresh cases

The death toll due to COVID-19 in Uttar Pradesh reached 773 on Saturday with 24 more fatalities, while the total number of cases in the state mounted to 26,554 as 757 fresh infections were reported in the last 24 hours, an official said. Additional Chief Secretary (Medical and Health) Amit Mohan Prasad said there are 7,627 active cases in the state.

So far, 18,154 people have been discharged from hospitals after recovering from the disease. The state has a recovery rate of 68.36 per cent, he said. Prasad said the testing capacity in Uttar Pradesh has crossed 25,000 tests per day and 26,061 samples were tested on Friday. (PTI)

Coronavirus in Tamil Nadu LIVE updates | TN crosses one lakh COVID-19 mark; more tests, early detection

Tamil Nadu may have breached the grim benchmark of one lakh COVID-19 infections, racing to second place in the country behind Maharashtra, but the government says ramped up testing and early detection are among the factors leading to reporting of such high numbers. The southern state’s numbers as on Friday clocked a total of 1,02,721 with 1,385 deaths, while recoveries stood at 58,378. The recovery rate is 57 percent. (PTI)

Week-long total lockdown in Arunachal’s Capital Complex from July 6

The Arunachal Pradesh government on Saturday announced that a week-long total lockdown will be imposed in the Capital Complex, comprising Itanagar and Nagarlagun, from July 6 in view of the rising number of COVID-19 cases, a top official said on Saturday. The total lockdown will be imposed at 5 am on July 6 and will be in place till 5 pm on July 12, Chief Secretary Naresh Kumar told reporters here. (PTI)

A 53-year-old Indian worker in the UAE has missed a special repatriation flight after he dozed off at the Dubai International Airport, a media report said.

P Shajahan, who worked as a storekeeper in Abu Dhabi, was supposed to fly to Thiruvananthapuram on the Emirates jumbo jet chartered by the Kerala Muslim Cultural Centre (KMCC) Dubai, Gulf News reported.

It was the first-ever jumbo jet chartered for repatriation.

The Arunachal Pradesh government on Saturday announced that a week-long total lockdown will be imposed in the Capital Complex, comprising Itanagar and Nagarlagun, from July 6 in view of the rising number of COVID-19 cases, a top official said on Saturday.

The total lockdown will be imposed at 5 am on July 6 and will be in place till 5 pm on July 12, Chief Secretary Naresh Kumar told reporters here.

Tamil Nadu may have breached the grim benchmark of one lakh COVID-19 infections, racing to second place in the country behind Maharashtra, but the government says ramped up testing and early detection are among the factors leading to reporting of such high numbers.

The southern state’s numbers as on Friday clocked a total of 1,02,721 with 1,385 deaths, while recoveries stood at 58,378. The recovery rate is 57 percent.

More than 45 per cent of the over 5.96 lakh COVID-19 tests in Delhi were conducted in the last 16 days, after the government started testing through the rapid-antigen methodology in and around containment zones of the national capital.

Rapid-antigen tests started in the city on June 18.

Since then a total of 2,75,396 tests through the RT-PCR (reverse transcription?polymerase chain reaction) and rapid-antigen methods have been conducted in Delhi with around 17,000 tests per day.

Of this, around 1.5 lakh people have been tested through rapid-antigen kits, according to the Delhi government’s health bulletins.

Australia’s Victoria state recorded 108 new coronavirus cases Saturday, forcing authorities to lock down nine public housing towers and three more Melbourne suburbs.

Victoria Premier Daniel Andrews said 3,000 people in the housing towers would go into “hard lockdown, meaning there will be no one allowed in … and no one allowed out. Residents in the Flemington and Kensington housing units will receive deliveries of food and medicine, along with alcohol support.

Coronavirus pandemic | WHO team to visit China next week to investigate the origin of COVID-19

Dr Soumya Swaminathan, Chief Scientist, WHO, said that a thorough investigation needs to be done into the origins of the virus.

Source: stocksmarket.in

Author: 👤by Economy


Enron Legacy Returns in Battle Over $80 Million Yacht

Enron Legacy Returns in Battle Over $80 Million Yacht

Almost two decades after the collapse of Enron Corp., a former unit of the energy-trading giant is sparring with U.S. and Nigerian authorities over the proceeds of the sale of a luxury yacht.

The dispute pivots on the Galactica Star — a 213-foot vessel once worth more than $80 million. The boat features a glass-bottom jacuzzi, a sky lounge bar and marble bathroom fittings.

U.S. authorities seized the Galactica in 2018 after filing a lawsuit to recover assets it said were acquired by Nigerian businessman Kolawole Aluko. Prosecutors alleged in a forfeiture complaint that Aluko bought the yacht with the spoils of bribes paid to Diezani Alison-Madueke — the first female president of OPEC and a former Nigerian oil minister.

To defray the costs of maintaining the Galactica while the case progressed, the boat was auctioned for $37 million in 2019 and then renamed Illusion. In May, after Nigeria dropped its own claim to the funds, a Texas court agreed that the proceeds should be retained by the U.S. government.

Enron Nigeria Power Holding Ltd. says it’s entitled to part of the takings and is demanding $22 million. The company is trying to collect on an arbitration award issued against the Nigerian government after the state suspended a contract signed with Enron in 1999 to build and operate a power plant.

Power Deal

ENPH says the Nigerian government’s recent repudiation of the country’s claim to the yacht constitutes an attempt to fraudulently transfer assets to prevent its creditors from accessing them. The U.S. Department of Justice said in court filings that Nigeria’s shift was “simply a recognition of the factual and legal basis” of the U.S.’s case.A spokesman for the DOJ declined to comment, while a spokesman for Nigeria’s Justice Ministry didn’t respond to calls and messages.

The U.S. and Nigeria have so far successfully opposed ENPH’s application, according to filings at the District Court for the Southern District of Texas. Once a subsidiary of Enron, ENPH was bought out of bankruptcy for $750,000 in 2004 by a Cayman Islands-registered entity.

ENPH’s claim to the yacht stems from the Nigerian government’s decision to reject a request by the company’s new owners to revive the power contract that was suspended before Enron’s demise. An arbitration tribunal ruled in 2012 that Nigeria had breached the agreement and awarded ENPH damages of $11.2 million plus interest. U.S. courts later confirmed the award.

Battle Galactica

While ENPH’s current shareholders aren’t publicly disclosed, some are former Enron officials who were involved in negotiating the power plant deal with Nigeria, the company’s lawyer Kenneth Barrett said in an interview. One of the U.S.’s largest corporations, Enron hid billions of dollars in losses and debt which, when revealed in 2001, propelled the company into insolvency and top executives to prison.

“None of the principals of ENPH have ever been implicated in any of the criminal activities or criminal proceedings pertaining to Enron Corp.,” Barrett said.

The legal tussle pitting ENPH against the U.S. and Nigeria over the yacht is an offshoot of a protracted saga centering around Alison-Madueke, who served as Nigeria’s oil minister from 2010 to 2015. The country’s anti-graft agency has accused her of corruption and says it’s trying to extradite her from the U.K., where she’s also being investigated by law-enforcement authorities. While a lawyer for Alison-Madueke didn’t respond to questions, she’s previously denied wrongdoing.

‘Lavish Lifestyle’

The DOJ says Aluko and his business partner Olajide Omokore funded “a lavish lifestyle” for Alison-Madueke in exchange for lucrative contracts from Nigeria’s state oil company that generated more than $1.5 billion. The two “laundered their illicit revenues into and through the U.S.,” according to the complaint filed in 2017.

Tokunbo Jaiye-Agoro, Aluko’s lawyer, declined to comment on ENPH’s lawsuit. Jaiye-Agoro added that he can “say very little at this stage” about the contracts his client secured when Diezani-Madueke was minister because they are subject to an ongoing court case in Nigeria.

Omokore wasn’t involved in the purchase of the yacht, isn’t party to the case before the Texas court and can’t comment on it, his lawyer Rafiu Lawal-Rabana said in an e-mailed response to questions. He declined to comment on the DOJ allegations.

The vessel, which the DOJ says Aluko bought for $82 million in 2013, was sold last year to avoid monthly maintenance costs of $170,000 that were eroding the sum that stood to be recovered from the vessel, according to court filings. The overarching forfeiture claim against $144 million of assets the DOJ says were acquired by Aluko is currently on hold pending the resolution of a criminal investigation into related allegations, the filings show.

The Texas court in May granted a joint motion filed by the two nations’ governments to withdraw Nigeria’s longstanding counter-claim to the yacht and to vest ownership of the proceeds from its sale in the U.S. The states plan to use the proceeds “for the benefit of the Nigerian people,” according to the motion.

ENPH will seek the court’s permission to appeal that decision, Barrett said.

Almost two decades after the collapse of Enron Corp., a former unit of the energy-trading giant is sparring with U.S. and Nigerian authorities over the proceeds of the sale of a luxury yacht.

The dispute pivots on the Galactica Star — a 213-foot vessel once worth more than $80 million. The boat features a glass-bottom jacuzzi, a sky lounge bar and marble bathroom fittings.

U.S. authorities seized the Galactica in 2018 after filing a lawsuit to recover assets it said were acquired by Nigerian businessman Kolawole Aluko. Prosecutors alleged in a forfeiture complaint that Aluko bought the yacht with the spoils of bribes paid to Diezani Alison-Madueke — the first female president of OPEC and a former Nigerian oil minister.

To defray the costs of maintaining the Galactica while the case progressed, the boat was auctioned for $37 million in 2019 and then renamed Illusion. In May, after Nigeria dropped its own claim to the funds, a Texas court agreed that the proceeds should be retained by the U.S. government.

Enron Nigeria Power Holding Ltd. says it’s entitled to part of the takings and is demanding $22 million. The company is trying to collect on an arbitration award issued against the Nigerian government after the state suspended a contract signed with Enron in 1999 to build and operate a power plant.

Power Deal

ENPH says the Nigerian government’s recent repudiation of the country’s claim to the yacht constitutes an attempt to fraudulently transfer assets to prevent its creditors from accessing them. The U.S. Department of Justice said in court filings that Nigeria’s shift was “simply a recognition of the factual and legal basis” of the U.S.’s case.A spokesman for the DOJ declined to comment, while a spokesman for Nigeria’s Justice Ministry didn’t respond to calls and messages.

The U.S. and Nigeria have so far successfully opposed ENPH’s application, according to filings at the District Court for the Southern District of Texas. Once a subsidiary of Enron, ENPH was bought out of bankruptcy for $750,000 in 2004 by a Cayman Islands-registered entity.

ENPH’s claim to the yacht stems from the Nigerian government’s decision to reject a request by the company’s new owners to revive the power contract that was suspended before Enron’s demise. An arbitration tribunal ruled in 2012 that Nigeria had breached the agreement and awarded ENPH damages of $11.2 million plus interest. U.S. courts later confirmed the award.

Battle Galactica

While ENPH’s current shareholders aren’t publicly disclosed, some are former Enron officials who were involved in negotiating the power plant deal with Nigeria, the company’s lawyer Kenneth Barrett said in an interview. One of the U.S.’s largest corporations, Enron hid billions of dollars in losses and debt which, when revealed in 2001, propelled the company into insolvency and top executives to prison.

“None of the principals of ENPH have ever been implicated in any of the criminal activities or criminal proceedings pertaining to Enron Corp.,” Barrett said.

The legal tussle pitting ENPH against the U.S. and Nigeria over the yacht is an offshoot of a protracted saga centering around Alison-Madueke, who served as Nigeria’s oil minister from 2010 to 2015. The country’s anti-graft agency has accused her of corruption and says it’s trying to extradite her from the U.K., where she’s also being investigated by law-enforcement authorities. While a lawyer for Alison-Madueke didn’t respond to questions, she’s previously denied wrongdoing.

‘Lavish Lifestyle’

The DOJ says Aluko and his business partner Olajide Omokore funded “a lavish lifestyle” for Alison-Madueke in exchange for lucrative contracts from Nigeria’s state oil company that generated more than $1.5 billion. The two “laundered their illicit revenues into and through the U.S.,” according to the complaint filed in 2017.

Tokunbo Jaiye-Agoro, Aluko’s lawyer, declined to comment on ENPH’s lawsuit. Jaiye-Agoro added that he can “say very little at this stage” about the contracts his client secured when Diezani-Madueke was minister because they are subject to an ongoing court case in Nigeria.

Omokore wasn’t involved in the purchase of the yacht, isn’t party to the case before the Texas court and can’t comment on it, his lawyer Rafiu Lawal-Rabana said in an e-mailed response to questions. He declined to comment on the DOJ allegations.

The vessel, which the DOJ says Aluko bought for $82 million in 2013, was sold last year to avoid monthly maintenance costs of $170,000 that were eroding the sum that stood to be recovered from the vessel, according to court filings. The overarching forfeiture claim against $144 million of assets the DOJ says were acquired by Aluko is currently on hold pending the resolution of a criminal investigation into related allegations, the filings show.

The Texas court in May granted a joint motion filed by the two nations’ governments to withdraw Nigeria’s longstanding counter-claim to the yacht and to vest ownership of the proceeds from its sale in the U.S. The states plan to use the proceeds “for the benefit of the Nigerian people,” according to the motion.

ENPH will seek the court’s permission to appeal that decision, Barrett said.

– Bloomberg

Source: marketnewsng.com

Author: By News Editor


AMLO and Trump plan a frenemies’ get-together

AMLO and Trump plan a frenemies’ get-together

The American president has gained more than the Mexican leader from their relationship

HISTORY WILL record the Mexican-American summit to take place on July 8th-9th as one of the odder ones. It will be a rare face-to-face meeting in the covid-19 era, bringing together leaders who are notably reluctant to promote social distancing. (Their countries have bigger caseloads as a result.) President Donald Trump has often bullied Mexico since he announced his candidacy in 2015. Nonetheless, Andrés Manuel López Obrador, who is often called AMLO, has chosen to make the White House his first foreign destination since taking office 19 months ago. The pretext is to celebrate the entry into force on July 1st of the United States-Mexico-Canada Agreement (USMCA), a slightly altered version of a free-trade pact that Mr Trump said he hated. Yet it is not clear that Justin Trudeau, Canada’s prime minister, will join the festivities.

A meeting of Mexican and American presidents normally boosts a relationship that is vital for both countries, especially in the areas of trade, immigration and crime. The Trump-AMLO encounter is unlikely to achieve that. It is not clear what AMLO will gain from the summit except frequent-flyer miles (he flies commercial, and will have to change planes en route to Washington).

Mr Trump’s main goal will probably be to distract attention from the pandemic and the recession that have clobbered his chances of re-election in November. The meeting will provide an occasion to boast that he has got much of what he wanted from his Mexican guest. Even though the pandemic caused bilateral trade to drop by half between May 2019 and the same month this year, he will no doubt call the USMCA a huge win (as will AMLO). The United States International Trade Commission forecast that the USMCA would raise American GDP by a scant 0.35%.

AMLO has gratified Mr Trump by deploying troops on Mexico’s southern border to block migrants from Central America and by co-operating with his “remain-in-Mexico” policy, which obliges asylum-seekers to wait for hearings on the southern side of the United States’ border. In May the United States apprehended 23,000 migrants on the border, a sixth of the level the year before. (The pandemic no doubt played a part in the decline.) At the Trump administration’s bidding, AMLO reopened foreign-owned factories that had been shut down during the pandemic.

The administration helped arrange the sale of 211 ventilators to Mexico. Otherwise, there has been little reciprocity. The USMCA is better than no trade deal from Mexico’s point of view, but it is unlikely to provide the certainty needed to buoy up its sinking economy. The United States is threatening to reimpose tariffs on Canadian aluminium to stop a surge in imports. There will be tension between the Trump and AMLO administrations over enforcement of labour standards set out in the new treaty. Democrats, though at odds with the Trump administration on almost everything, generally sympathise with its tough line on trade. An agreement in October between the two presidents to curb the flow into Mexico of illegal weapons from the United States has so far had little effect.

Though AMLO is a fervent nationalist, his foreign-policy priority has been to shield Mexico from Mr Trump’s animus. The summit will showcase his success. The two leaders are ideo logic al foes but in some ways kindred spirits: populists whose strengths are in the realm of symbols rather than the substance of government.

But AMLO’s friendship with Mr Trump may come at the expense of his relations with Joe Biden, who now looks likely to win the presidency in November. Democrats are thought to be dismayed by AMLO’s subservience to Mr Trump. When Mr Biden visited Mexico as vice-president in 2012 he met all three candidates in Mexico’s presidential election, including AMLO. The Mexican president does not plan to return the favour on his trip. His advisers say that would risk politicising the summit. Some members of Mr Biden’s team think AMLO is trying to help Mr Trump get re-elected. If Mr Biden wins, Mexico’s president may have some fence-mending to do. ■

This article appeared in the The Americas section of the print edition under the headline “The two amigos”

Source: www.economist.com

Author: Jul 4th 2020


Pemberton free produce market will open Tuesday

Pemberton free produce market will open Tuesday

India Nelson provides acts of kindness for the Pemberton area through her Facebook page, Consciously Kind Creator

PEMBERTON TOWNSHIP — When she sees an opportunity to provide for her neighbors, Pemberton resident India Nelson steps in.

This summer, Nelson is growing more than community by cultivating a backyard garden and giving out the produce it yields for free.

“It feels good to give and feels good to receive,” Nelson said. “Now knowing how much time and energy goes into a garden, I’m looking forward to providing for somebody else.”

The garden, which Nelson and her family grew using donations from her friends and her personal stimulus payment, will produce lemon cucumbers, tomatoes, peppers, watermelon, cantaloupe, berries, lettuce and beans.

Beginning on this week, community members can visit a table at Nelson’s home at 5 p.m. every Tuesday where she’ll set out produce from her garden as well as donated fruits and vegetables from friends and a local farm.

“It’s about the love and the positive energy out there,” said Nelson’s husband, Don. “With this garden, there are other families that are also growing along with us. I can see the movement that’s grown.”

India Nelson has used the free table method in the past, when she sets up “community closets.” They’re like yard sales: people from the community donate items that others can pick up for free.

“Especially now with the pandemic, people are struggling,” said Karen Ayrer, a Pemberton resident. “It could be a matter of a pair of pants that can make somebody’s day, like wow, I have pants to wear tomorrow, or I’m going to eat tonight.”

Ayrer works with Nelson in the Pemberton Township School District Food Services office. She and her husband helped Nelson build the garden.

Nelson has also set up a scholarship fund for area students under her Facebook page name, Consciously Kind Creator. She volunteers at voter registration drives and on occasion hands out gift cards to strangers. Recently, Nelson dressed as Cookie Monster and surprised quarantined neighborhood kids with cookie dough.

“She can sense when a person needs a smile today,” Ayrer said. “It has a huge impact on our community. We don’t have a lot of happiness.”

About 12 percent of Pemberton’s population live under the poverty line, according to the U.S. Census. In May, about 16 percent of the population was unemployed, according to the Bureau of Labor Statistics.

Nelson’s community service work began about five years ago when she anonymously handed out baskets with recipes and ingredients. Now, she hosts Thanksgiving events for children in juvenile detention centers and community wrapping parties during the holiday season.

“We have two choices, we either go a positive way or a negative way,” Don Nelson said. “There’s nothing better than your world to see the look in somebody’s eyes that really appreciate not being left behind.”

Above all, Nelson uses her Facebook page to promote kindness. She shares community resources and created a platform for people to give back.

“People are really taken aback by that kind of selflessness,” said Jeff Achey, a supporter of Consciously Kind Creator and a friend of the family. “With that type of positivity, people start to change their opinions of humanity as a whole. It’s a great movement.”

Source: www.burlingtoncountytimes.com

Author: Alyssa Biederman


Kitwe Mayor Engineer Kang'ombe Christopher says ultimatum for foreigners trading in compounds to relocate to industrial area has expired

Kitwe Mayor Engineer Kang’ombe Christopher says ultimatum for foreigners trading in compounds to relocate to industrial area has expired

Binwell Chansa Mpundu with wife Nandy

By Luswepo Mutepuka, Kwilanzi News Zambia

KITWE Mayor Engineer Christipher Kang’ombe is determined to enforce a Statutory Instrument No. 1 of 2017 on Citizens Economic Empowerment Reservations Scheme signed by President, Dr. Edgar Chagwa Lungu which prohibits foreigners from trading in compounds countrywide.

Mayor Kang’ombe, who is Local Government Association of Zambia (LGAZ) President says his Hub of the Copperbelt Province office in consultation with then Kitwe District Commissioner Binwell Chansa Mpundu held a round table discussion in October 2018 with foreign traders and a diversity of stakeholders on the subject of foreign nationals engaging in retail, poultry farming and block making business in Kitwe.

Engineer Kang’ombe recollected in a Media Statement that at the alluded to meeting It was mutually agreed that all foreign traders operating in compounds namely;  Kapoto, Chimwemwe, Miseshi, Ndeke and Chamboli must relocate to town centre and the Industrial area.

Kitwe Mayor Christopher Kang’ombe with former first MP for Isoka (Mafinga) Pius Kasutu in Mungwi, Northern Province, Zambia

The LGAZ President noted that local authorities advised foreign nationals to respect the provisions of Statutory Instrument No. 1 of 2017 Citizens Economic Empowerment Reservations Scheme as assented to Dr. Edgar Chagwa Lungu, as Republican President.

Engineer Kang’ombe observed that under Kitwe City Council Resolution C/23/01/19, THE said agreement to relocate was raised to Resolution Status that all foreigners relocate away from the mentioned compounds.

Further, on Thursday 20th of February 2020, a polite reminder was sent to all foreigners trading in compounds to relocate with an additional grace period of 30 days given, through a letter signed by Town Clerk of Kitwe, Mbulo Seke, an ultimatum which has since expired, and Councillors led by Engineer Kang’ombe will on Wednesday 8th of July 2020 move to enforce the council resolution in the selected compounds.

Chileshe Bweupe is the incumbent Kitwe District Commissioner appointed by Dr. Lungu as Binwell Chanda Mpundu’s contract which expired on Monday 10th February was not renewed. Kitwe Mayor

Engineer Kang’ombe Christopher says ultimatum for foreigners trading in compounds to relocate to industrial area has expired

Lusaka Mayor Wilson Kalumba with Kitwe Mayor Christopher Kang’ombe and President Edgar Chagwa Lungu

Source: rainbownewszambia.com

Author: by editor · July 4, 2020


Coronavirus India News LIVE Updates | Week-long total lockdown in Arunachal#39;s Capital Complex from July 6


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