16 dead as strong typhoon floods Macau, southern China

Agencies
August 24, 2017

Macau, Aug 24: Macau said on Thursday that eight people were killed in the former Portuguese colony, including two men found overnight in a submerged parking garage. Another 153 were injured amid extensive flooding, power outages, and the smashing of doors and windows by high winds and driving rain.

“It’s a calamity, the losses are high and a lot of buildings need repair,” said Macau lawmaker Jose Pereira Coutinho, adding that he heard from many people who still had no water or electricity a day after Typhoon Hato tore across the 30-squ km (19—square mile) territory.

Mr. Coutinho said the flooding was at its worst in the older parts of the city’s downtown, where narrow lanes date back from Macau’s time as a Portuguese colony for more than four centuries.

“People were just swimming, they cried for help. There were no boats. The water came so suddenly,” said Mr. Coutinho, who slammed the city government for having “reacted so slowly and so badly.”

The chief executive of Macau’s local government, Chui Sai On, ordered measures to “further the relief efforts,” the Government Information Bureau said in a statement on Thursday.

Residents waded in waist-high murky water and rows of city buses sat half-submerged on city streets, according to photos circulating among residents. Fallen trees blocked roads, causing traffic snarls, and residents lined up with buckets to collect water from public standpipes, television video showed.

Macau, which is surrounded by water, is vulnerable to high tides and has few options for draining storm runoff. The territory took almost a direct hit from the storm as it churned toward mainland China.

Its reliance on the mainland for electricity compounded problems. Power cuts in neighboring Guangdong province, which supplies nearly 90 per cent of Macau’s electricity, cascaded into outages across the city, forcing casino operators, a hospital, and the city’s mobile phone company, CTM, to switch to backup generators.

CTM also said two equipment rooms were seriously damaged by flooding, affecting telecommunications service in the area. Power utility CEM said on Thursday it was restoring service but about 40,000 customers remained in the dark because of damaged power supply facilities.

China’s official Xinhua News Agency said eight more people were killed in Guangdong and one person remained missing. Typhoon Hato roared into the area on Wednesday with winds of up to 160 kilometers (100 miles) per hour. It weakened into a tropical storm on Thursday as it moved farther west inland.

Xinhua said almost 27,000 people were evacuated to emergency shelters, while extensive damage to farmland due to the heavy rain and high tides was also reported. Almost 2 million households lost power temporarily, while fishing boats were called back to port and train services and flights suspended, Xinhua said.

“Compared to other typhoons, Hato moved fast, quickly grew more powerful and caused massive amounts of rainfall,” Wu Zhifang, chief weather forecaster at the Guangdong meteorological bureau, was quoted as saying by Xinhua.

By Thursday, a weaker Hato was moving into China’s Guangxi region.

Flooding and injuries were also reported in Hong Kong, which lies across the water 64 km (40 miles) from Macau, but there were no reports of deaths. Hato’s fierce gales blew out windows on skyscrapers in the Asian financial capital, raining shattered glass onto the eerily quiet streets below. Hong Kong’s weather authorities had raised the hurricane signal to the highest level for the first time in five years.

Three of the earlier deaths in Macau were men, aged 30, 45 and 62. One fell from the 11th floor of a building, one was hit by a truck and another was killed when the wind blew down a wall. Two others, a man aged 48 and a woman, 44, died from drowning, according to a press statement. No information was given for the remaining victim.

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Agencies
June 16,2020

India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place. Among the BRICS nations, India is ranked second after China, followed by Russia (50th), Brazil (56th) and South Africa (59th).

India was ranked 41st on the IMD World Competitiveness Ranking, being produced by the business school based in Switzerland and Singapore every year since 1989, but had slipped to 45th in 2017 before improving to 44th in 2018 and then to 43rd in 2019.

While its overall position has remained unchanged in the 2020 list, it has recorded improvements in areas like long-term employment growth, current account balance, high-tech exports, foreign currency reserves, public expenditure on education, political stability and overall productivity, the IMD said.

However, it has moved down in areas like exchange rate stability, real GDP growth, competition legislation and taxes.

Arturo Bris, Head of Competitiveness Center at IMD Business School, said India continues to struggle on the list and the recent country rating downgrade by Moody’s reflects the uncertainties regarding the economy’s future.

"In our ranking this year, we again emphasize the traditional weaknesses of India -- poor infrastructure, an important deficit in education investment, and a health system that does not reach everybody. For India to follow the path of China, it must stress its intangible infrastructure," Bris said.

"In a less global world, with China, USA, and Europe looking inwards, currencies like the rupee (and the Brazilian real for instance) are going to suffer and display high volatilities.

"Moody’s has threatened the country with a downgrade to junk and that would put India in a terrible position to attract foreign capital. So the urgency for the government should be to fix the short-term problems—and this requires to improve the credibility of the government itself," Bris added.

With the exception of Singapore, the Philippines, Taiwan and the Korean Republic, most Asian economies dropped in rankings this year, the IMD said.

The reason for the Asian economies’ less stellar performance as a region, this year is partly the result of the trade frictions between China and the US, particularly because these economies are highly dependent on trade with China.

About Singapore, which moved to the top rank last year, the IMD said its position is largely driven by the relative ease of setting up business, availability of skilled labour and its cutting-edge technological infrastructure.

The IMD said the impact of COVID-19 on the competitiveness ranking has partially been captured by executives’ opinions about the effectiveness of the different health systems.

In the ASEAN countries included in the survey, only Singapore and Thailand have a positive performance in the effectiveness of the health infrastructure.

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News Network
June 27,2020

Moscow, Jun 27: The number of people who have contracted the coronavirus infection in Russia has increased by 6,852 over the past day to a total of 627,646, the country's COVID-19 Response Center said in a daily update on Saturday.

"Over the past day, 6,852 new COVID-19 cases were confirmed in 85 regions of Russia, including 2,058, or 30 per cent, of asymptomatic cases," the response centre said.

Of the total 6,852 newly detected cases, 750 have been confirmed in Moscow, 366 in Moscow Region, and 280 in the Khanty-Mansi Autonomous Area, according to the report.

The reported daily dynamics included 188 new fatalities, which brought the cumulative death toll to 8,969.

Total recoveries now count 393,352, an increase of 9,200 over the past day, including 1,852 in Moscow, 1,421 in Moscow Region and 716 in St. Petersburg.

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News Network
February 27,2020

Washington, Feb 27: President Donald Trump has said that the US' relationship with India is "extraordinary" right now and a lot of progress was made in bilateral ties during his maiden official visit to the country where America will be doing a lot of business.

Talking to reporters, after his return from India on Wednesday, Trump said, "He (Prime Minister Narendra Modi) is a great gentleman, a great leader. It's an incredible country."

President Trump visited India from February 24 to 25. He was accompanied by first lady Melania Trump, daughter Ivanka Trump, son-in-law Jared Kushner and the top brass of his administration, including national security advisor Robert O'Brien.

They visited Ahmedabad, Agra and New Delhi before leaving for Washington on Tuesday.

During his stay, he addressed a massive rally in Ahmedabad, visited Agra and held official meetings in New Delhi.

The US President was feted at the world's largest cricket stadium in the "Namaste Trump" event in Ahmedabad and was cheered by tens of thousands of people.

"We were treated very, very well and we really enjoyed it. A lot of tremendous progress was made in terms of relationship - our relationship with India is extraordinary right now," he said.

"We are going to be doing a lot of business with India, they are sending billions and billions of dollars now to the United States," Trump said in response to a question.

In a tweet, his daughter Ivanka said that, Trump announced that US international development finance corporation "will establish a permanent presence in India to strengthen our economic ties, improve development plus further women's economic empowerment through WGDP (Women's Global Development and Prosperity Initiative)!"

On her arrival from India, she thanked PM Modi for "your warm hospitality as we visited your beautiful country and celebrated the strength, spirit and unity of the US and India!"

"Throughout our visit we saw monumental achievements of human creativity and proof of the infinite capacity of the human heart!" she said.

The first lady tweeted two pictures of her with Trump facing the Taj Mahal in Agra.

"One of the Seven Wonders of the World, the breathtaking Taj Mahal!" she said.

President Trump "reaffirmed the strong strategic partnership, vibrant economic ties and expanding security relationship between our two countries. Wonderful trip, but glad to be home! Thank you India!" said White House press secretary Stephanie Grisham.

During the visit, India and the US on Tuesday finalised defence deals worth $3 billion under which 30 military helicopters will be procured from two American defence majors for Indian armed forces.

The deals will include procurement of 24 MH-60 Romeo helicopters by India from the US at a cost of $2.6 billion. Another contract to acquire six AH-64E Apache helicopters for $800 million from the US is also on the table.

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