Fidel Castro honored by thousands in Havana; Obama absent as world leaders join in

November 30, 2016

Havana, Nov 30: Cuba's leftist allies and Washington's top diplomat in Havana joined a sprawling throng of Cubans at a rally on Tuesday to commemorate Fidel Castro, the man who built a Communist state on the doorstep of the United States. Castro died on Friday at age 90, a decade after ceding control to his younger brother Raul Castro, 85.

fidel

With Raul Castro at his side, the charismatic Fidel Castro led the bearded rebels who seized power in a 1959 revolution and ruled the island in the face of US opposition that endured until President Barack Obama reversed course in 2014 and set out to restore diplomatic relations.

For many, especially in Latin America and Africa, Castro was a symbol of resistance to imperialism, having ousted a U.S.-backed dictator, and a champion of the poor. Others, including many in the large Cuban exile community in Miami, have condemned him as a tyrant who jailed opponents and ruined the economy through socialism.

Chants of “Viva Fidel!” resounded as tens of thousands massed in Havana's Revolution Square on Tuesday evening to pay homage to Castro. “United, the people will never be defeated!” rang another.

Raul Castro embraced ideological ally, visiting Venezuelan President Nicolas Maduro, as the ceremony got underway.

“To weigh the success or failure of Cuba's economic model without factoring in the more than 50-year-long criminal (U.S.) embargo, is pure hypocrisy,” Ecuadorean President Rafael Correa said in a tribute to Fidel Castro.

The White House announced on Tuesday Obama would not send a presidential delegation. Instead, the United States will be represented by Jeffrey DeLaurentis, chief diplomat at the U.S. embassy in Havana, and Ben Rhodes, an Obama aide who represented the United States in 18 months of secret talks that led to detente.

That rapprochement is now threatened by U.S. President-elect Donald Trump, who takes office on Jan. 20 and who has spoken of resuming Washington's hard line unless the government makes political changes, the kind of pressure the Castro brothers always fiercely resisted.

DeLaurentis was head of the U.S. interests section in Havana when it was upgraded to an embassy in July 2015 and has been nominated by Obama to be named ambassador. White House spokesman Josh Earnest called Rhodes “the principal interlocutor with the Cuban government from the White House” on normalization.

Many leaders of Latin America's left, including Maduro and Bolivian President Evo Morales, flew in to attend the ceremony in the same space where Castro once delivered rousing, marathon speeches.

African leaders included Zimbabwe's Robert Mugabe and South African President Jacob Zuma, who paid Castro a tribute of his own. The late Nelson Mandelarepeatedly thanked Castro for his efforts in helping overturn apartheid in South Africa.

Mugabe, 92, himself a former Marxist guerrilla who has led Zimbabwe as prime minister or president since 1980 despite financial and health crises, praised Fidel Castro's government for having trained thousands of Zimbabwean doctors and teachers.

“Fidel was not just your leader. He was our leader and the leader of all revolutionaries. We followed him, listened to him and tried to emulate him,” Mugabe told reporters as he arrived in Havana,

“Farewell, dear brother. Farewell, revolutionary,” he said.

Few leaders from the world's major powers are heading to the Caribbean island, with many sending second-tier officials instead.

China has sent Vice President Li Yuanchao, while Chinese President Xi Jinping visited the Cuban embassy in Beijing to pay his condolences, China's foreign ministry said

Russian President Vladimir Putin has skipped the ceremony but described Castro as a “true friend of Russia.” The Kremlin said he held a different view on his legacy to that of Trump, who has called the Cuban leader “a brutal dictator.”

The Cuban government, still essentially dedicated to Fidel Castro's political vision despite some economic reforms under Raul Castro, has declared nine days of mourning. That has included a two-day commemoration in Havana, where tens of thousands of Cubans have waited in long lines to pay their respects in Revolution Square.

Some in tears or wrapped in the Cuban flag, mourners have filed past Castro's favorite portrait of himself, dressed in military fatigues and carrying a rifle. Many state employees and school children came together in groups.

A caravan carrying Castro's ashes will depart Havana on Wednesday en route to the eastern city of Santiago de Cuba, his final resting place, in a reversal of the journey he took with the rebel army that overthrew Fulgencio Batista in 1959.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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Agencies
May 6,2020

Italian researchers have claimed that they have successfully developed a vaccine to contain coronavirus (COVID-19) which is likely to work on humans, a report said.

Luigi Aurisicchio, CEO of Takis, the firm developing the medication, said that a coronavirus candidate vaccine has neutralised the virus in human cells for the first time, the Arab News reported.

"This is the most advanced stage of testing of a candidate vaccine created in Italy. Human tests are expected after this summer," Aurisicchio was quoted as saying to Italian news agency ANSA.

"According to the Spallanzani Hospital, as far as we know we are the first in the world so far to have demonstrated neutralisation of the coronavirus by a vaccine. We expect this to happen in humans too," he added.

The researchers experimented with the vaccine on mice that had successfully developed antibodies that blocked the virus from infecting the cells. They further observed that the five vaccine candidates generated a large number of antibodies, and selected two with the best results.

All of the vaccine candidates currently being developed are based on the genetic material of DNA protein "spike", the molecular tip used by the coronavirus to enter human cells.

They are injected with the so-called "electroporation" technique, which consists of an intramuscular injection followed by a brief electrical impulse, helping the vaccine break into the cells and activating the immune system, the report said.

Researchers believe that this makes their vaccine particularly effective for generating functional antibodies against the "spike" protein, in particular in the lung cells, which are the most vulnerable to coronavirus.

"We are working hard for a vaccine coming from Italian research, with an all-Italian and innovative technology, tested in Italy and made available to everyone," Aurisicchio was quoted by the Arab News report.

"In order to reach this goal, we need the support of national and international institutions and partners who may help us speed up the process," he noted.

The total number of COVID-19 infections, fatalities and recoveries since the pandemic began has risen to 213,013 in the country.

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News Network
May 9,2020

London, May 9: Air India's first evacuation flight from London will be taking off for Mumbai today.

The screening of passengers is underway.

"Air India's first evacuation flight from London taking off for Mumbai today at 1200. Flight is 100% booked! Shubh Yatra. Please stay in touch. GoI working to send more evacuation flights!" High Commission of India, London said in a tweet.

On Monday, India announced had that it will begin phased repatriation of its citizens stranded abroad from May 7.

The government said that Air India will operate 64 flights in the first week from May 7 to May 13 to bring back around 15,000 Indian nationals.

On day three of the 'Vande Bharat Mission', flights carrying Indians from the Gulf countries, the United Kingdom, Bangladesh and Malaysia will arrive in India.

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