Maduro's July 30 vote to go ahead amid US blocked threat

Agencies
July 19, 2017

Washington, Jul 19: Venezuela's government has announced it will go ahead with a controversial election of a Constituent Assembly on July 30, despite a threat of economic sanctions by US President Donald Trump.

"Elections to the National Constituent Assembly is an act of political sovereignty. Nothing and nobody can stop it. The Constituent Assembly is happening" Foreign Minister Samuel Moncada said in a speech at the foreign ministry office.

Moncada vowed to carry out a "deep" review of Venezuela's relations with the US.

"The Venezuelan people are free and will respond united to the insolent threat made by a xenophobic and racist empire."

The new assembly Maduro wants to elect on July 30 would have the power to rewrite the constitution and detour the opposition-controlled legislature.

Following an unofficial vote on Sunday, in which millions of Venezuelans cast ballots to reject Maduro's proposal, Trump called Maduro "a bad leader who dreams of becoming a dictator".

Trump's administration is also planning targeted sanctions, likely against Defence Minister Vladimir Padrino Lopez and the Socialist Party's second highest figure Diosdado Cabello, for alleged human rights violations, US officials said, speaking on condition of anonymity.

Those sanctions could be rolled out as early as Tuesday, one of the officials told Reuters, but may be delayed as Trump's administration reviews all its options.

The sanctions would freeze the officials' US assets and prohibit anyone in the US from doing business with them.

It would be the first phase of new actions the Trump administration is considering, including possible targeted sanctions against Venezuela's vital oil sector.

Venezuela is the third largest foreign oil supplier to the US, after Canada and Saudi Arabia, exporting about 780,000 barrels per day of crude.

Trump unpopular in Venezuela

While that could bankrupt the Maduro administration and worsen already grave food shortages, hitting Venezuela's energy sector could also raise US domestic gasoline prices, which would be unpopular with Americans.

Any sanctions by Trump, who is largely unpopular abroad, could also be used by Maduro to bolster his accusations that Washington is trying to sabotage leftism in Latin America, and could unite the ruling Socialist Party just as fissures were emerging.

On Monday, the opposition coalition called for a 24-hour nationwide strike and massive protests in the days to come to force Maduro to step down before the end of his term in 2019.

Maduro has repeatedly said the new assembly to rewrite the constitution is the only way to recover it economically and achieve peace.

Brazil, European Union, UN, and the Organization of American States have also demanded Venezuela drop plans for the assembly.

On Tuesday, a group of 100 Colombian and Chilean senators filed a lawsuit against Maduro at the International Criminal Court at The Hague, accusing him of murder, persecution, torture and forced disappearance.

Venezuela has grappled with deadly political and economic crises as low crude oil prices have forced the government to cut back or eliminate its socialist programmes.

The crisis has fuelled public anger and triggered massive protests that have left at least 96 people dead since April.

The opposition has run a vigorous campaign to try to push Maduro out of office through early elections.

Venezuela's opposition also blames mismanagement by Maduro, who has stepped up the nationalisation of businesses, employed the military to control food distribution, and imposed currency controls.

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News Network
March 26,2020

London, Mar 26: British Prime Minister Boris Johnson has said that the country's NHS risks becoming "overwhelmed" by the coronavirus outbreak and that the situation in Britain is just two or three weeks behind Italy.
"The numbers are very stark, and they are accelerating. We are only a matter of weeks -- two or three -- behind Italy," Johnson said, as reported by CNN.
"The Italians have a superb health care system. And yet their doctors and nurses have been completely overwhelmed by the demand. The Italian death toll is already in the thousands and climbing.
He added, "Unless we act together unless we make the heroic and collective national effort to slow the spread -- then it is all too likely that our own NHS will be similarly overwhelmed,"
"That is why this country has taken the steps that it has, in imposing restrictions never seen before either in peace or war." He said.
The problem reached a crunch point in the UK, which has dramatically increased its response to the virus outbreak this week.
Food banks that provide a lifeline for some of the estimated 14 million in poverty are running low on volunteers, many of whom have been forced to self-isolate, as well as the food itself, which is in short supply following panic-buying.
The UK has confirmed more 9,600 cases of the deadly virus with 460 deaths.
The global tally of cases has crossed 487,000 as on Thursday with 22,030 deaths globally as per the data presented by the Johns Hopkins University.

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Agencies
January 20,2020

For the first time in the 15 years of the Global Risks Report, the climate change and environment risk has occupied all the top five slots.

According to the 15th edition of the World Economic Forum's (WEF) Global Risks Report, the top five risks in terms of likelihood are extreme weather, climate action failure, natural disasters, biodiversity loss and human-made environmental disasters. They all fall in the one category of climate change and related environmental disasters.

WEF President Borge Brende said the world was feeling long-mounting and interconnected risks.

The report also points to how citizens are protesting across the world as discontent rises with failed systems that are creating inequality. The citizens' discontent had hardened with systems that had failed to promote advancement, it said.

"Disapproval of how governments are addressing profound economic and social issues has sparked protests throughout the world, potentially weakening the ability of governments to take decisive action should a downturn occur. Without economic and social stability, countries could lack the financial resources, fiscal margin, political capital or social support needed to confront key global risks," it said.

Listing the grim scenario, Borge said the global economy was faced with "synchronised slowdown", the past five years had been the warmest on record and cyber attacks were expected to increase this year.

The report warns that while the myriad risks were rising, time was running out on how to prevent them.

Borge said the growing palpability of shared economic, environmental and societal risks indicated that the horizon had shortened for preventing "or even mitigating" some of the direst consequences of global risks.

"It's sobering that in the face of this development, when the challenges before us demand immediate collective action, fractures within the global community appear to only be widening," he said.

The report points to grave concern about the consequences of continued environmental degradation, including the record pace of species decline.

Pointing to an unsettled geopolitical environment, the report said today's risk landscape was one in which new centres of power and influence were forming and old alliance structures and global institutions were being tested.

"While these changes can create openings for new partnership structures in the immediate term, they are putting stress on systems of coordination and challenging norms around shared responsibility. Unless stakeholders adapt multilateral mechanisms for this turbulent period, the risks that were once on the horizon will continue to arrive," it said.

Calling it a "an unsettled world", the WEF report notes that powerful economic, demographic and technological forces were shaping a new balance of power. "The result is an unsettled geopolitical landscape in which states are increasingly viewing opportunities and challenges through unilateral lenses," it said.

"What were once givens regarding alliance structures and multilateral systems no longer hold as states question the value of long-standing frameworks, adopt more nationalist postures in pursuit of individual agendas and weigh the potential geopolitical consequences of economic decoupling. Beyond the risk of conflict, if stakeholders concentrate on immediate geo-strategic advantage and fail to re-imagine or adapt mechanisms for coordination during this unsettled period, opportunities for action on key priorities may slip away," the WEF said.

In a chapter on risks to economic stability and social cohesion, it said a challenging economic climate might persist this year and members of the multi-stakeholder community saw "economic confrontations" and "domestic political polarisation" as the top risks in 2020.

The report also warned of downward pressure on the global economy from macroeconomic fragilities and financial inequality. These pressures continued to intensify in 2019, increasing the risk of economic stagnation.

Low trade barriers, fiscal prudence and strong global investment, once seen as fundamentals for economic growth, are fraying as leaders advance nationalist policies. The margins for monetary and fiscal stimuli are also narrower than before the 2008-2009 financial crisis, creating uncertainty about how well countercyclical policies will work.

The strategic partners for the WEF report included Marsh & McLennan and Zurich Insurance Group. The academic advisers were National University of Singapore, Oxford Martin School, University of Oxford and Wharton Risk Management and Decision Processes Center, University of Pennsylvania.

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News Network
July 1,2020

As Peru begins to ease its strict coronavirus lockdown, the country's biggest LGBTQ nightclub opened its doors on Tuesday, but there will be no nighttime revellers; its dance floor will instead be filled with shelves stocked with groceries.

Instead of slinging cocktails at the bar or dancing on stage, ValeTodo Downtown's famed staff of drag queens will sell customers daily household products as the space reopens as a market while nightclubs are ordered to remain closed.

The Peruvian government will lift the lockdown in most regions of the country at the beginning of July but will keep borders closed, as well as nightclubs and bars.

The lockdown has been a struggle for the club's 120 employees like drag queen Belaluh McQueen. Her life completely changed when the government announced the quarantine. Her nights were spent at home, rather than performing as a dancer at the club in vivid-coloured costumes.

"I was very depressed because I have been doing this art for years, but you have to adapt to new challenges for the future," said McQueen, who is identified by her stage name.

Now McQueen is back to work as a grocery store employee, wearing a sequined suit, high heels and a mask. A DJ will play club music as patrons shop. "We have a new job opportunity," McQueen added.

Renamed as Downtown Market, the club, which has been a mainstay hallmark of the local LGBTQ community, ushered in its reopening with an inauguration ceremony.

"Before, I used to come here to dance and have a good time, but now we come to buy," said Alexandra Herrera, a regular attendee of the club. "The thing is to reinvent yourself."

The club's general manager, Claudia Achuy, said that the pandemic impacted the heart of Lima nightlife, but she chose to reopen as a market rather than risk cutting staff. "If we had just stayed as a nightclub we did not have a close horizon or a way of working," Achuy said.

Peru's confirmed coronavirus cases rose to 282,364 with 9,504 associated deaths on Monday, according to government data. It has the second-highest outbreak in Latin America after Brazil, according to a Reuters tally.

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