Concerns
Israel, Bahrain leaders discuss Iran, possible vaccine plant
Israeli Prime Minister Benjamin Netanyahu and Bahrain’s Crown Prince Sheikh Salman bin Hamad Al Khalifa on Thursday discussed Iran and the possible involvement of the Gulf state in establishing a vaccine plant in Israel, the two countries said. Bahrain and the United Arab Emirates formalised ties with Israel on Sept. 15 in part over shared concerns about Iran, in a deal forged by former U.S. President Donald Trump. Trump withdrew from a 2015 nuclear deal between Tehran and world powers, a move praised by Israel which has objected to the accord. His successor, President Joe Biden, wants to rejoin the deal. But in the week since Washington offered to talk with Tehran about reviving the nuclear deal, Iran has curbed U.N. monitoring and threatened to boost its uranium enrichment. Tehran denies...
U.S. threatens to take action against detainers of Myanmar’s president, others
The U.S. has threatened to take action against those responsible for the detention of State Counsellor Aung San Suu Kyi, as well as President Win Myint in Myanmar. “The United States is alarmed by reports that the Burmese military has taken steps to undermine the country’s democratic transition, including the arrest of State Counselor Aung San Suu Kyi and other civilian officials in Burma (Myanmar). “President (Joe) Biden has been briefed by National Security Advisor Jake Sullivan,” White House Spokesperson Jen Psaki said in a statement. Earlier, Western media reported that Aung San Suu Kyi and President Win Myint were detained along with other members of Myanmar’s ruling party in an early morning military raid on Monday. “We continue to affirm our strong support for Burma’s democratic ins...
WhatsApp delays data sharing change after backlash
WhatsApp on Friday postponed a data-sharing change as users concerned about privacy fled the Facebook-owned messaging service and flocked to rivals Telegram and Signal. The smartphone app, a huge hit across the world, cancelled its February 8 deadline for accepting an update to its terms concerning sharing data with Facebook, saying it would use the pause to clear up misinformation around privacy and security. “We’ve heard from so many people how much confusion there is around our recent update,” WhatsApp said in a blog post. “This update does not expand our ability to share data with Facebook.” It said it would instead “go to people gradually to review the policy at their own pace before new business options are available on May 15.” The update concerns how merchants using WhatsApp to cha...
Pfizer, BioNTech to limit delays of vaccine shipments to one week
Pfizer and BioNTech said Saturday they will limit the delays of their vaccine deliveries to just one week, after fears in Europe that shipments of the jabs could be slowed for up to a month. The US drugmaker and its German partner “have developed a plan that will allow the scale-up of manufacturing capacities in Europe and deliver significantly more doses in the second quarter,” they said in a joint statement. “As a result, our facility in Puurs, Belgium will experience a temporary reduction in the number of doses delivered in the upcoming week.” Pfizer and BioNTech pledged that deliveries would be back to the original schedule to the European Union from the week of January 25, with increased delivery from the week of February 15. “To accomplish this, certain modifications of production pr...
Coronavirus: Concern grows over potential superspreader event during US Capitol riot
Concerns are mounting about the health of lawmakers and other people in the Capitol last week, after the first member to test positive for the Coronavirus (COVID-19) since Wednesday’s chaos, said she believed she was exposed in a crowded hiding place with hundreds of other legislators. Rep. Bonnie Watson Coleman, D-N.J., tested positive on Monday while experiencing mild symptoms, and said in a statement that she believes she caught the virus from her fellow lawmakers while hunkering down as Capitol Police struggled for hours to contain a Trump-inspired mob attack on the Capitol. Lawmakers were trapped in a room near the Capitol with hundreds of others, in some cases for hours, where at least one person who later tested positive for the coronavirus was present. The Office of the Attending P...
Telegraph: Britain to tighten laws on imports linked to alleged Chinese human rights abuses
Britain will tighten the law on importing goods linked to alleged human rights abuses in China as ministers take a tougher stance on Beijing, The Telegraph reported on Monday. Foreign Secretary Dominic Raab will make a statement on Tuesday in the House of Commons on the government’s response to allegations of forced labour in China’s Xinjiang province, home to about 12 million Uighur Muslims, the report bit.ly/2LKt2Fe added. Among the measures expected to be unveiled by the government include expansion of the Modern Slavery Act, reacting to concerns that items manufactured under duress by the Uighur Muslim minority may be entering the UK, the Telegraph reported. Britain said last year there was credible, growing and troubling evidence of forced labour among Uighur Muslims. China has come u...
2021: Banks to walk a tightrope amid low revenue environment
Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles. Their valuable customers such as high net-worth individuals, corporate bodies and other institutions are equally challenged. In his book, Business Stripped Bare, celebrated iconic entrepreneur and founder of the Virgin Group, Richard Branson, says, “without trustworthy banks, there can be no business, no employment, no money. According to Branson, “People have got to be able to go to bed at night secure in the knowledge that the money they depo...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
BUK: ASUU worries over coronavirus spread as university announces resumption date
File Photo Academic Staff Union of Universities (ASUU) on Tuesday worried over a potential spread of COVID-19 pandemic in schools as the country battles the second wave of disease. ASUU’s concern was announced after the Senate of Bayero university, Kano approved January 18 for resumption and commencement of lectures for the 2020/2021 academic session. Director Public Affairs, BUK, Mal. Ahmad Shehu told newsmen that the decision was reached at the end of the meeting presided over by the university’s Vice Chancellor, Professor Sagir Abbas. Ahmad noted that contrary to information making round on the social media, the university did not cancelled the 2019/2020 session but rather adjusted the previous session to be concluded in April, 2021. According to him, the postgraduate program will also ...
Ex-IGP: Amotekun corps not permitted to carry arms
A retired Inspector General of Police, Sunday Ehindero has appealed to operatives of the South West Security Network (Amotekun corps) to strictly adhere to the country’s constitution that forbids them from bearing fire-arm in the course of their operation. Ehindero said the regional Corps was to be an information and intelligence gathering outfit rather than an arm carrying one, stressing that the law that established the outfit doesn’t make provision for it to be arm-bearing. The former IGP advised that the Corps should key into the community policing and work in synergy with the Special Constables and the Police Force in order to combat insecurity at the grassroots. The former IGP spoke at the Community Policing Sensitisation and Awareness Campaign held in Abeokuta, the Ogun State capita...
AIBA approves new constitution in bid to regain IOC recognition
International Boxing Association (AIBA) has taken a step towards repairing a much-maligned governance structure that has been frequently criticised by the International Olympic Committee (IOC) after it approved an updated constitution at its virtual Congress. Under the new constitution, AIBA has installed term limits, rebranded the Executive Committee to the Board of Directors and reduced the number of members on the ruling body from 32 to 22. AIBA is hopeful the renewed document will appease the IOC, which last year suspended it as the Olympic governing body for the sport and stripped it of any involvement in the boxing tournament at the Tokyo 2020 Olympic Games because of concerns over its governance, finances and refereeing and judging. The Inquiry Committee, led by IOC Executive Board ...
U.S. warns Pacific islands about Chinese bid for undersea cable project
The United States has warned Pacific island nations about security threats posed by a Chinese company’s cut-price bid to build an undersea internet cable, two sources told Reuters, part of an international development project in the region. Huawei Marine, which was recently divested from Huawei Technologies Co Ltd and is now majority-owned by another Chinese firm, submitted bids along with French-headquartered Alcatel Submarine Networks (ASN), part of Finland’s Nokia, and Japan’s NEC, for the $72.6 million project backed by the World Bank and Asian Development Bank (ADB), the sources with direct knowledge of the project details said. The project is designed to improve communications to the island nations of Nauru, Federated States of Micronesia (FSM) and Kiribati. Washington sent a diploma...