Nobel-winning writer V.S. Naipaul dies aged 85

Agencies
August 12, 2018

London, Aug 12: Nobel prize-winning British author V.S. Naipaul has died at the age of 85, his family announced on Saturday.

"He died surrounded by those he loved having lived a life which was full of wonderful creativity and endeavour," his wife Lady Nadira Naipaul said in a statement.

She described the outspoken author as a "giant in all that he achieved".

Vidiadhar Surajprasad Naipaul was born in Trinidad, the son of an Indian civil servant, and studied English literature at Oxford University on a scholarship.

He settled in England but spent much of his time travelling and despite becoming a pillar of Britain's cultural establishment, was also a symbol of modern rootlessness.

Naipaul's early works focused on the West Indies, but came to encompass countries around the world, often focusing on the traumas of post-colonial change.

When he was awarded the 2001 Nobel prize for literature, the Swedish Academy described him as a "literary circumnavigator, only ever really at home in himself, in his inimitable voice".

It said he was "the annalist of the destinies of empires in the moral sense: what they do to human beings".

"His authority as a narrator is grounded in his memory of what others have forgotten, the history of the vanquished," it said.

Naipaul, who was knighted in 1990, mixed fiction, non-fiction and autobiography without distinction.

One of his seminal novels was the "A House for Mr Biswas" (1961), which looked at the almost impossible task for Indian immigrants in the Caribbean of trying to integrate into society while keeping hold of their roots.

Overall he wrote more than 30 books, and was one of the first winners of the Booker Prize, now Britain's leading literary award, in 1971 for "In A Free State".

During his early career, Naipaul was dogged by money worries and loneliness. He met his first wife, Pat, at Oxford, who became his constant literary support.

She died in 1996, and he later revealed that he felt he hastened her death by publicly admitting while she fought cancer that he had frequented prostitutes.

Naipaul married Pakistani journalist Nadira Alvi the same year Pat died.

He was famously outspoken and had a reputation for cutting people out of his life, but once retorted: "My life is short. I can't listen to banalities."

Naipaul's ire ranged from corruption in Indian politics to the West's cynical treatment of its former colonies to the cult of personality in "The Return of Eva Peron".

He pulled out of a Turkish literary event in 2010 following protests over his views that Islam both enslaved and attempted to wipe out other cultures.

He likened former British prime minister Tony Blair to a pirate at the head of a socialist revolution, and was also disparaging about "sentimental" female novelists.

Naipaul also fell out with US travel writer Paul Theroux, who later wrote a bitter, no-holds-barred memoir of their long association. They later resolved their differences.

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News Network
June 22,2020

Geneva, Jun 22: The global count of coronavirus cases has surpassed 8.7 million, with 183,020 new cases recorded on Sunday, the World Health Organisation said in its daily situation report.

Over the last 24 hours, 4,743 people died from COVID-19 worldwide, taking the death toll to 461,715 fatalities, according to the report.

The cumulative global toll of confirmed cases has now reached 8,708,008, as stated in the report.

The WHO Regional Director for Europe, Dr Hans Henri P. Kluge, shared that Europe accounts for 31 per cent of COVID-19 cases and 43 per cent of COVID-19 deaths globally.

Dr Kluge highlighted that several countries continue to face increasing disease incidence and that "preparing for the autumn is a priority now at the WHO Regional Office for Europe"

The United States continues to be worst affected by the contagion with the highest count of cases and fatalities -- 2.2 million and 118,895, respectively.

The novel coronavirus was declared a pandemic by WHO on March 11.

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Agencies
August 7,2020

Moscow, Aug 7: Russia will register its first vaccine against the coronavirus on August 12, Deputy Health Minister Oleg Gridnev said on Friday.

The vaccine has been developed jointly by the Gamaleya Research Institute and the Russian Defence Ministry.

"The vaccine developed by the Gamaleya centre will be registered on August 12. At the moment, the last, third, stage is underway. The trials are extremely important. We have to understand that the vaccine must be safe. Medical professionals and senior citizens will be the first to get vaccinated," Gridnev told reporters at the opening of a cancer centre building in the city of Ufa.

According to the minister, the effectiveness of the vaccine will be judged when the population immunity has formed.

Clinical trials of the vaccine began on June 18 and included 38 volunteers. All of the participants developed immunity. 

The first group was discharged on July 15 and the second group on July 20.

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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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