Approve name-change or face 'hopelessness': Zoran Zaev

Agencies
September 16, 2018

Macedonia, Sept 16: Macedonians must choose between a new name or a future of isolation and instability, Prime Minister Zoran Zaev told AFP ahead of a September 30 referendum on the issue.

The proposed change, which would rename the country the Republic of North Macedonia, is Zaev's effort to end a 27-year-old dispute with Greece and usher his Balkan nation into NATO and the European Union.

Long seen as one of Europe's most stubborn deadlocks, the name row is a tussle over history, identity and land.

Athens has blocked the former Yugoslav republic from joining NATO and the EU since 1991 because it considers the country's name an encroachment on its own province called Macedonia.

Greeks also accuse Skopje of appropriating their history and culture, notably by erecting huge monuments to Alexander the Great, the king of ancient Macedon.

But there was a breakthrough between Zaev and Greek counterpart Alexis Tsipras in July -- a rare detente in a region tangled in complex disagreements.

Zaev must now convince the country of 2.1 million people to accept the new name despite a widespread feeling that they have been bullied by Greece.

A pro-Europe politician who helped topple a nationalistic government, Zaev has framed the name-change as a painful but historic opportunity for Macedonia to link arms with the West.

If the deal unravels, it will mean "hopelessness, total isolation of the country, probably another chapter of insecurity and instability in the whole region", the 43-year-old told AFP after a campaign speech in the western city of Kicevo.

Alternatively, a 'yes' vote could make the accord a model for other regional disputes, said Zaev, an economist who has sought to revamp Macedonia's foreign relations since coming to power more than one year ago.

"Other types of identity problems can be solved through deals like this," he said.

Zaev and his Social Democrats party must tread lightly to avoid inflaming nationalists who feel they are being robbed of their identity.

He has avoided uttering the new name during townhall-style debates around the country.

"North" is also nowhere to be seen on government billboards that encourage the public to "Go vote for a European Macedonia".

The referendum question itself asks: "Are you for EU and NATO membership by accepting the agreement between the Republic of Macedonia and the Republic of Greece?"

Zaev is trying to reach the majority of Macedonians -- 80 percent, he says -- who want to join those Western institutions.

But critics have chafed at what they perceive to be a misleading question.

And while NATO membership is all but assured, the road to the EU will be longer for a country still mired in corruption.

The appetite for EU enlargement is also shrinking among some members of the bloc, who voted to push Macedonia's accession talks back to June 2019 despite the hard-won deal.

EU officials and leaders like Angela Merkel have nevertheless been passing through Skopje almost daily to whip up support.

The Russians, meanwhile, "told me that they have nothing against Macedonia's accession to the EU but that they are opposed to NATO integration", said Zaev.

A July survey conducted by the US-funded Center for Insights in Survey Research found 57 percent supported the accord.

"I am so strongly convinced that the referendum will succeed that I'm not even looking into other options," Zaev told AFP.

The right-wing opposition, VMRO-DPMNE, has stopped short of advocating a boycott, urging the public instead to act "according to their conscience".

Civic groups have taken up the torch however, with the hashtag #boycott rippling across social media.

Zaev said detractors are using "disinformation as a tool" to defeat the proposal.

The biggest challenge may be generating sufficient turnout in a country where even supporters are only grudgingly in favour of the deal.

"I don't think it's a fair deal, but I will vote for it," said Sasho Ilioski, 45, because he wanted a chance to join the EU.

"There is a certain amount of disappointment here, that people will lose a part of their identity, their national pride. They will still vote for this deal, but these feelings cannot be hidden."

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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News Network
April 24,2020

Paris, Apr 24: The worldwide death toll from the coronavirus pandemic crossed 190,000 on Friday, with nearly two-thirds of the fatalities in Europe, according to an AFP tally compiled from official sources at 0740 GMT.

A total of 190,089 people have died and 2,698,733 been infected since the virus emerged in China in December. The hardest hit continent is Europe, with 116,221 deaths and 1,296,248 cases.

The country with the most deaths is the United States with 49,963, followed by Italy with 25,549, Spain with 22,157, France with 21,856 and Britain 18,738.

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News Network
April 18,2020

Washington, Apr 18: The United States on Friday passed 700,000 confirmed coronavirus cases, according to a tally maintained by Johns Hopkins University.

With the highest number of cases and deaths of any country in the world, the US had recorded 700,282 cases of COVID-19 and 36,773 deaths as of 8:30 pm (0030 GMT Friday), according to the Baltimore-based university.

That marked an increase of 3,856 deaths in the past 24 hours, but that figure likely includes "probable" virus-linked deaths, which had not previously been counted.

This week, New York City said it would add 3,778 "probable" virus deaths to its official count.

The US Centers for Disease Control and Prevention gave a toll Friday night of 33,049 dead, including 4,226 probable virus-linked deaths.

The United States has seen the highest death toll in the world in the coronavirus pandemic, ahead of Italy (22,745 deaths) although its population is just a fifth of that of the US.

Spain has recorded 19,478 deaths, followed by France with 18,681.

Trump announces $19 billion relief for farmers amid COVID-19 epidemic

President Donald Trump on Friday announced a $19 billion financial rescue package to help the agriculture industry weather the staggering economic downturn sparked by measures to defeat the coronavirus.

Trump told a press conference the government "will be implementing a $19 billion relief program for our great farmers and ranchers as they cope with the fallout of the global pandemic."

The program will include direct payments to farmers, ranchers and producers who Trump said have experienced "unprecedented losses during this pandemic."

Agriculture Secretary Sonny Perdue said US farmers have been hit hard by a sharp shift in demand, as schools and restaurants close and more Americans eat at home.

That has disrupted the food supply chain, forcing farmers in many places to destroy dairy output and plow under crops that no longer have buyers.

"Having to dump milk and plow under vegetables ready to market is not only financially distressing, but it's heartbreaking as well to those who produce them," Perdue said.

Perdue said some $3 billion of the money would go to buying produce and milk from such farmers, and redistribute it to community food banks.

Millions of Americans have recently turned to food pantries for meals and groceries after losing their jobs.

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