122 countries adopt global treaty banning nuclear weapons

Agencies
July 8, 2017

United Nations, Jul 8: A global treaty banning nuclear weapons was adopted at the United Nations on Friday despite opposition from the United States, Britain, France and other nuclear powers that boycotted negotiations.

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The treaty was adopted by a vote of 122 in favor with one country -- NATO member The Netherlands voting against -- while Singapore abstained.

Loud applause and cheers broke out in the UN conference hall following the vote that capped three weeks of negotiations on the text providing for a total ban on developing, stockpiling or threatening to use nuclear weapons.

Nuclear-armed states have dismissed the ban as unrealistic, arguing it will have no impact on reducing the global stockpile of 15,000 atomic weapons.

"Is there anyone that believes that North Korea would agree to a ban on nuclear weapons?" asked US Ambassador Nikki Haley when negotiations began in March. "There is nothing I want more for my family than a world with no nuclear weapons, but we have to be realistic."

But supporters hailed a historic achievement.

"We have managed to sow the first seeds of a world free of nuclear weapons," said Costa Rica's ambassador, Elayne Whyte Gomez, the president of the UN conference that negotiated the treaty.

Led by Austria, Brazil, Mexico, South Africa and New Zealand, 141 countries joined in drafting the treaty that they hope will increase pressure on nuclear states to take disarmament more seriously.

None of the nine countries that possess nuclear weapons -- the United States, Russia, Britain, China, France, India, Pakistan, North Korea and Israel -- took part in the negotiations or the vote.

Even Japan -- the only country to have suffered atomic attacks, in 1945 -- boycotted the talks as did most NATO countries.

Nuclear powers argue their arsenals serve as a deterrent against a nuclear attack and say they remain committed to the nuclear Non-Proliferation Treaty (NPT).

The decades-old NPT seeks to prevent the spread of atomic weapons but also puts the onus on nuclear states to reduce their stockpiles.

Impatience however is growing among many non-nuclear states over the slow pace of disarmament as are worries that weapons of mass destruction will fall into the wrong hands.

Disarmament campaigners say the treaty will go a long way in increasing the stigma associated with nuclear weapons and will have an impact on public opinion.

"The key thing is that it changes the legal landscape," said Richard Moyes, director of the British-based organization Article 36.

"It stops states with nuclear weapons from being able to hide behind the idea that they are not illegal."

"We hope that today marks the beginning of the end of the nuclear age," said Beatrice Fihn, director of the International Campaign to Abolish Nuclear Weapons.

"It is beyond question that nuclear weapons violate the laws of war and pose a clear danger to global security. "

Opponents believe the treaty will fail to advance nuclear disarmament.

"We are very critical of this movement because it will give false hopes" and create unreasonable expectations, said a diplomat from a country opposed to the ban.

The treaty will be open for signatures as of September 20 and will enter into force when 50 countries have ratified it.

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News Network
January 7,2020

Jan 7: Body of the senior Iranian military commander, Qasem Soleimani killed in a U.S. drone strike in Iraq last week, has arrived in his home town of Kerman in southeast Iran for burial, the official IRNA news agency said on Tuesday.

State TV broadcast live images of thousands of people in the streets of the town, many of them dressed in black, to mourn Soleimani's death.

Soleimani was widely seen as Iran’s second most powerful figure behind Supreme Leader Ayatollah Ali Khamenei, 80, who wept in grief along with hundreds of thousands of mourners who thronged the streets of Tehran for Soleimani’s funeral on Monday.

Khamenei led prayers at the funeral in the Iranian capital, pausing as his voice cracked with emotion. Soleimani, 62, was a national hero even to many who do not consider themselves supporters of Iran’s clerical rulers.

He was killed while leaving Baghdad airport last Friday. Mourners packed the streets, chanting: “Death to America!” - a show of national unity after anti-government protests in November in which many demonstrators were killed.

The crowd, which state media said numbered in the millions, recalled the masses gathered in 1989 for the funeral of the Islamic Republic’s founder, Ayatollah Ruhollah Khomeini.

The killing of Soleimani has prompted fears around the world of a broader regional conflict, as well as calls in the U.S. Congress for legislation to keep President Donald Trump from going to war against Iran.

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News Network
March 23,2020

Singapore, Mar 23: Oil prices fell at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the US.

US benchmark West Texas Intermediate initially tumbled more than three percent but then pulled back some ground to trade 1.5 percent lower, at $22 a barrel.

Brent crude, the international benchmark, fell 4.9 percent to $25 a barrel.

Prices have fallen to multi-year lows in recent weeks as lockdowns and travel restrictions to fight the virus hit demand, and top producers Saudi Arabia and Russia engage in a price war.

The latest drop came after a trillion-dollar Senate proposal to rescue the US economy was defeated after receiving zero support from Democrats, and with five Republicans absent from the chamber because of virus-related quarantines.

The bill had proposed funding for American families, thousands of shuttered or suffering businesses and the nation's critically under-equipped hospitals.

Coronavirus deaths soared across Europe and the United States at the weekend despite heightened restrictions.

The death toll from the virus -- which has upended lives and closed businesses and schools across the planet -- surged to more than 14,300 Sunday, according to an AFP tally.

AxiCorp chief markets strategist Stephen Innes said that "total demand devastation" had set it.

"Oil markets collapsed out of the gate this morning as prices react... to stringent containment lockdown measures," he said.

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Agencies
July 7,2020

Washington, Jul 7: The US House of Representatives Judiciary Committee will grill the CEOs of US tech giants Apple, Google, Facebook and Amazon during an antitrust hearing on July 27.

Apple's Tim Cook, Facebook's Mark Zuckerberg, Alphabet's Sundar Pichai and Amazon's Jeff Bezos will testify before the antitrust panel that is working on proposals to reform and regulate the digital market.

The hearing would mark the first time all four top executives testify together in front of Congress, virtually or in-person depending on the panel's call in the COVID-19 pandemic times.

"Since last June, the Subcommittee has been investigating the dominance of a small number of digital platforms and the adequacy of existing antitrust laws and enforcement," House Judiciary Committee Chairman Jerrold Nadler (D-NY) and Antitrust Subcommittee Chairman David Cicilline (D-RI) said in a statement on Monday.

"Given the central role these corporations play in the lives of the American people, it is critical that their CEOs are forthcoming. As we have said from the start, their testimony is essential for us to complete this investigation.”

The House Judiciary Committee announced its antitrust probe into the four tech giants in June last year.

Last month, the committee sent letters to technology giants Apple, Facebook, Amazon and Alphabet (Google's parent company), asking them to confirm if their chief executives will testify as part of the committee's tech competition investigation.

Committee chair David Cicilline said the documents that the investigators sought were "essential" to the probe and that requests like this were part of the "appropriate process" to obtain them.

"The only CEO who has expressed reservation about appearing, through a representative, has been Amazon," Cicilline said. "No one in this country is above the law ... nobody is above answering a congressional subpoena".

The lawmakers want the tech giants to furnish documents that have been produced in relation to other competition probes and internal communications.

The letters that the committee sent also posed questions related to possible harms to competition in the market.

In addition to the antitrust probe, Apple's App Store policies are also facing scrutiny from the US Department of Justice.

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