Hope turns to anger as death toll from Brazil dam collapse rises

Agencies
January 28, 2019

Jan 28: Authorities in Brazil have raised the death toll from a massive dam collapse that triggered a devastating landslide to 58 amid fading hopes of finding survivors.

Fears of a second dam breach near the southeastern town of Brumadinho receded on Sunday, enabling a search to resume for hundreds still missing after the collapse at mining giant Vale's Corrego do Feijao mine on Friday released a torrent of mud engulfing buildings, vehicles and roads.

Early on Sunday, authorities in Minas Gerais statehad put the search and rescue operations on hold and moved to evacuate several Brumadinho neighbourhoods after Vale sounded the alarm over dangerously high water levels at a different dam, called B6, in the same area.

But by the afternoon, civil engineers gave the all clear.

"There is no more risk of a break," said Lieutenant Colonel Flavio Godinho, a spokesman for the state civil defence agency, adding the high water levels had been drained off.

"The search has resumed - by land, by aircraft and with dogs."

Dozens of helicopters were set to be deployed because the thick mud was too treacherous for ground rescuers.

"I've come to the river to see if I can find some information, someone who could tell me something," Fernandos Nune Araujo, the brother of Peterson, a missing subcontractor at the mine, told Al Jazeera.

"Maybe they'll find a body and it might be my brother," he added, his voice breaking.

The latest official toll from the dam breach was 58 dead and 305 missing, according to Godinho. He said rescuers found a bus full of bodies. So far, 192 people have been rescued alive, 23 of whom were hospitalised with injuries, officials said.

The ruptured dam, 42 years old and 86 metres high, had been in the process of being decommissioned. Vale said it had recently passed structural safety tests.

Workers at its mine had been at lunch in an administrative area on Friday when they were suddenly swamped by millions of tonnes of muddy trailings - a waste byproduct of the iron-ore mining operations.

After overflowing a second dam, the muddy mass barrelled down towards Brumadinho but only glanced along the town's edge before roaring through vegetation and farmland, smashing houses and swallowing tractors and roads in its path.

Vale has been shaken by the disaster, the second in three years it has suffered in the same state.

Brazilian judicial authorities announced they had frozen $3bn of Vale's assets, saying real estate and vehicles would be seized if the company could not come up with the full amount.

The company also has been hit with fines by the federal and state government totalling some $92.5m.

The mining company, one of the world's biggest, was involved in a 2015 mine collapse elsewhere in Minas Gerais that killed 19 people.

At the time, a tailings dam collapsed at an iron ore mine belonging to Samarco Mineracao SA, a Vale joint venture with BHP Group. The resulting torrent of toxic mud buried a small village and contaminated a major river in Brazil's worst environmental disaster on record.

'No way I can stay calm'

Even before the half-day suspension of rescue efforts, hopes that loved ones had survived were turning to anguish and anger over the increasing likelihood that many of the hundreds of people missing had died.

Caroline Steifeld, who was evacuated, said she heard the warning sirens on Sunday, but no such alert came when the first dam collapsed two days before.

"I only heard shouting, people saying to get out. I had to run with my family to get to higher ground, but there was no siren," she said, adding that a cousin was still unaccounted for.

Several others made similar complaints when interviewed by The Associated Press. An email to Vale asking for comment was not immediately answered.

"I'm angry. There is no way I can stay calm," said Sonia Fatima da Silva, as she tried to get information about her son, who had worked at Vale for 20 years. "My hope is that they be honest. I want news, even if it's bad."

Al Jazeera's Daniel Schweimler, reporting from Brumadinho, said tensions in the town ran high.

"Many questions are being asked why lessons were not learned from the last such disaster in the nearby town of Mariana in November 2015," he said.

The Brazilian branch of environmental group Greenpeace said the dam break was "a sad consequence of the lessons not learned by the Brazilian government and the mining companies."

Such incidents "are not accidents but environmental crimes that must be investigated, punished and repaired", it added.

Marina Silva, a former environment minister who visited the site of the dam collapse, called for more       preemptive action to stop similar disasters in the future and said congress must shoulder part of the blame for failing to strengthen regulations and enforcement.

"Federal and state governments' support to victims is very important. Taking measures to prevent situations like this is just as important as rescuing victims," she said.

"We can't become specialists in helping victims and consoling widows and orphans. We have to anticipate such things. There are ways to protect the society from this kind of crime, this kind of calamity."

Paulo Sotero, director of the Brazil Institute at the Woodrow Wilson Center, said there was a "collective fault" by Vale and state and local authorities.

"In light of this tragedy that could have victims counting on the hundreds, I think the nation will react and demand practical and effective responses," he told Al Jazeera from Washington, DC.

"Yes, Brazil has an excessive number of licensing requirements that sometimes hurt businesses but the challenge is to reform the system and keep or improve the regulations where they are necessary - and, as it’s usually the problem in Brazil, to enforce the regulations; the laws are pretty good but they are not enforced and we see once again a demonstration of this kind of irresponsibility."

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Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

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Agencies
May 26,2020

The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.

In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.

According to the SCAI, there is a common misconception that the shopping centres' industry is centred around metros and large cities with investments only from large developers, private equity players and foreign investors.

"However, the fact is that most malls are part of the SMEs or standalone developers. i.e. more than 550 are single owned by standalone developers out of the 650-odd organised shopping centres across the country and there are 1,000+ small centres in smaller cities," it said.

Amitabh Taneja, Chairman of SCAI said: "The organised retail industry is in distress and has not earned anything since the lockdown and their survival is at stake. While the extension of the loan moratorium talks about some relief on repayment but won't help the industry in liquidity."

He said that a long term beneficial plan from the government is much required to revive the sector.

"Being the most safe, accountable, and controlled environment, unfortunately, malls have not been permitted to open which will lead to job losses and might even shut shops for a lot of mall developers," Taneja said.

In its representations to the Centre and the Reserve Bank of India, the association has also pointed out that, in absence of financial package and stimulus from the RBI, over 500 shopping centres may go bankrupt, that may lead to the banking industry staring at NPAs of Rs 25,000 crore.

The industry body has put forward its recommendations and requests to the government. It had sought moratorium till March 2021 at the least in terms of repayment of bank loans, interest, EMI and so on, without levy of any penalties or penal interest.

It has also sought a one-time loan restructuring with lower rates of interest, permitted for shopping centres and a facilitative and forward-looking support provision of short-term financing options for a period of six to 12 months, at lower interest rates, to meet the increased working capital requirements.

Among other relaxations, it had also appealed for GST rebates to offset the losses on account of and for the period of closure of business.

It also said that interest rates should be brought down to "manageable levels" of 5-6% in view of the precarious financial situation.

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News Network
February 22,2020

Feb 22: A 20-year-old Chinese woman from Wuhan, the epicentre of the coronavirus outbreak, travelled 400 miles(675 km) north to Anyang where she infected five relatives, without ever showing signs of infection, Chinese scientists reported on Friday, offering new evidence that the virus can be spread asymptomatically.

The case study, published in the Journal of the American Medical Association, offered clues about how the coronavirus is spreading, and suggested why it may be difficult to stop.

"Scientists have been asking if you can have this infection and not be ill? The answer is apparently, yes," said Dr. William Schaffner, an infectious disease expert at Vanderbilt University Medical Center, who was not involved in the study.

China has reported a total of 75,567 cases of the virus known as COVID-19 to the World Health Organization (WHO) including 2,239 deaths, and the virus has already spread to 26 countries and territories outside of mainland China.

Researchers have reported sporadic accounts of individuals without any symptoms spreading the virus. What's different in this study is that it offers a natural lab experiment of sorts, Schaffner said.

"You had this patient from Wuhan where the virus is, travelling to where the virus wasn't. She remained asymptomatic and infected a bunch of family members and you had a group of physicians who immediately seized on the moment and tested everyone."

According to the report by Dr Meiyun Wang of the People's Hospital of Zhengzhou University and colleagues, the woman travelled from Wuhan to Anyang on Jan. 10 and visited several relatives. When they started getting sick, doctors isolated the woman and tested her for coronavirus. Initially, the young woman tested negative for the virus, but a follow-up test was positive.

All five of her relatives developed COVID-19 pneumonia, but as of Feb. 11, the young woman still had not developed any symptoms, her chest CT remained normal and she had no fever, stomach or respiratory symptoms, such as cough or sore throat.

Scientists in the study said if the findings are replicated, "the prevention of COVID-19 infection could prove challenging."

Key questions now, Schaffner said, are how often does this kind of transmission occur and when during the asymptomatic period does a person test positive for the virus.

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