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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News Network
April 23,2020

Geneva, Apr 23: The World Health Organisation (WHO) on Wednesday (local time) said that the COVID-19 crisis will not end any time soon, with several countries only in the initial stages of the fight against the virus.

"Make no mistake, we have a long way to go. Coronavirus will be with us for a long time. There is no question that stay at home orders and other physical distancing measures have successfully suppressed transmission in many countries," WHO chief Tedros Adhanom Ghebreyesus said in a press conference.

"Most countries are in the early stages of their epidemics. And some, which were affected early in the pandemic, are now starting to see a resurgence in the number of cases," he added.

COVID-19 has infected more than 2.6 million people around the world and a total of 1,83,027 people have died due to coronavirus, according to data from US-based Johns Hopkins University.

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News Network
February 2,2020

Feb 2: Prime Minister Narendra Modi’s second budget in seven months disappointed investors who were hoping for big-bang stimulus to revive growth in Asia’s third-largest economy.

The fiscal plan -- delivered by Finance Minister Nirmala Sitharaman on Saturday -- proposed tax cuts for individuals and wider deficit targets but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and create jobs. Stocks slumped as a proposal to scrap the dividend distribution tax for companies failed to impress investors.

"Far from being a game changer, the budget provides little in terms of short-term growth stimulus,” said Priyanka Kishore, head of India and South East Asia economics at Oxford Economics Ltd. in Singapore. “While income tax cuts will provide some relief on the consumption front, the multiplier effect is low and the overall stance of the budget is not expansionary."

India has gone from being the world’s fastest-growing major economy three years ago, expanding at 8%, to posting its weakest performance in more than a decade this fiscal year, estimated at 5%.

While the government has taken a number of steps in recent months to spur growth, they’ve fallen short of spurring demand in the consumption-driven economy. Saturday’s budget just added to the glum sentiment.

Okay Budget

“It’s an okay budget but not firing on all cylinders that the market was hoping for,” said Andrew Holland, chief executive officer at Avendus Capital Alternate Strategies in Mumbai.

The government had limited scope for a large stimulus given a huge shortfall in revenues in the current year. The slippage induced Sitharaman to invoke a never-used provision in fiscal laws, allowing the government to exceed the budget gap by 0.5 percentage points. The result: the deficit for the year ending March was widened to 3.8% of gross domestic product from a planned 3.3%.

On Friday, India’s chief economic adviser Krishnamurthy Subramanian said reviving economic growth was an “urgent priority” and deficit goals could be relaxed to achieve that. The adviser’s Economic Survey estimated growth will rebound to 6%-6.5% in the year starting April.

The fiscal gap will narrow to 3.5% next year, as the government budgeted for gross market borrowing to rise marginally to 7.8 trillion rupees from 7.1 trillion rupees in the current year. A plan to earn 2.1 trillion rupees by selling state-owned assets in the year starting April will also help plug the deficit.

Total spending in the coming fiscal year will increase to 30.4 trillion rupees, representing a 13% increase from the current year’s budget, according to latest data.

Key highlights from the budget:

* Tax on annual income up to 1.25 million rupees pared, with riders

* Dividend distribution tax to be levied on investors, instead of companies

* Farm sector budget raised 28%, transport infrastructure gets 7% more

* Spending on education raised 5%

* Fertilizer subsidy cut 10%

Analysts said the muted spending plan to keep the deficit in check will lead to more downside risks to growth in the coming months.

“It is very doubtful that the increase in expenditure will push demand much,” Chakravarthy Rangarajan, former governor at the Reserve Bank of India told BloombergQuint, adding that achieving next year’s budget deficit goal of 3.5% of GDP was doubtful.

With the government sticking to a conservative fiscal path, the focus will now turn to central bank, which is set to review monetary policy on Feb. 6. Given inflation has surged to a five-year high of 7.35%, the RBI is unlikely to lower interest rates.

What Bloomberg’s Economists Say:

The burden of recovery now falls solely on the Reserve Bank of India. With inflation breaching RBI’s target at present, any rate cuts by the central bank are likely to be delayed and contingent upon inflation falling below the upper end of its 2%-6% target range.

-- Abhishek Gupta, India economist

Governor Shaktikanta Das may instead focus on unconventional policy tools such as the Federal Reserve-style Operation Twist -- buying long-end debt while selling short-tenor bonds -- to keep borrowing costs down.

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News Network
March 12,2020

Miami, Mar 12: The NBA has suspended its season "until further notice" after a Utah Jazz player tested positive Wednesday for the coronavirus, a move that came only hours after the majority of the league's owners were leaning toward playing games without fans in arenas.

Now there will be no games at all, at least for the time being. A person with knowledge of the situation said the Jazz player who tested positive was center Rudy Gobert. The person spoke to The Associated Press on condition of anonymity because neither the league nor the team confirmed the test.

"The NBA is suspending game play following the conclusion of tonight's schedule of games until further notice,'' the league said in a statement sent shortly after 9:30 p.m. EDT. "The NBA will use this hiatus to determine next steps for moving forward in regard to the coronavirus pandemic.''

The test result, the NBA said, was reported shortly before the scheduled tip-off time for the Utah at Oklahoma City game on Wednesday night was called off. Players were on the floor for warmups and tip-off was moments away when they were told to return to their locker rooms. About 30 minutes later, fans were told the game was postponed ``due to unforeseen circumstances."

Shutdown for two weeks?

Those circumstances were the league's worst-case scenario for now -- a player testing positive. A second person who spoke to AP on condition of anonymity said the league expects the shutdown to last a minimum of two weeks, but cautioned that time-frame is very fluid.

"It's a very serious time right now," Miami Heat coach Erik Spoelstra said. "I think the league moved appropriately and prudently and we'll all just have to monitor the situation and see where it goes from here."

The Jazz released a statement saying a player -- they did not identify Gobert -- tested negative earlier Wednesday for flu, strep throat and an upper respiratory infection. That player's symptoms diminished as the day went along, but the decision was made to test for COVID-19 anyway. That test came back with a preliminary positive result.

"The individual is currently in the care of health officials in Oklahoma City," the Jazz said, adding that updates would come as appropriate.

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