Oops! France may face sperm shortage under proposed IVF rules

Agencies
September 24, 2019

Paris, Sept 24: France risks a shortage of frozen sperm if lawmakers approve new legislation that allows single women and lesbian couples access to in-vitro fertilisation (IVF) and abolishes the right of sperm and egg donors to keep their identities secret, clinicians said.

Lawmakers in the country's National Assembly on Tuesday start debating a bioethics bill that unwinds some of western Europe's strictest rules governing medically-assisted pregnancies, a campaign promise of President Emmanuel Macron.

Under existing law in France, IVF is available only to opposite-sex couples, and only for reasons of infertility or the risk of transmission of a disease or medical condition to the child or either parent.

Health Minister Agnes Buzyn forecasts a roughly two-thirds increase in demand for IVF procedures, with an extra 2,000 women annually registering for treatment.

Couples already wait an average of 12 months from registration to their first attempt at IVF. Clinicians at France's network of public sperm banks (CECOS) said the supply of cryopreserved sperm only just meets demand.

Moreover, they predict lifting donor anonymity could prompt three-quarters of registered male and female donors to deny clinics the use of their sperm and eggs under the new rules.

"To say 'everything is going to be ok' would be burying your head in the sand," Nathalie Rives, president of the CECOS federation, told Reuters.

"There will be a period of instability, with increased demand and the need to recruit new donors. We don't know how long this instability will last and whether there will be a shortage."

The bioethics bill, which would also allow women to freeze their eggs for non-medical reasons to enhance their chances of having children, is Macron's first major societal reform.

Medically assisted reproduction - such as IVF - is widely available to all women in countries such as Britain, Belgium, Spain. But in France, it has fed into a broader debate about the commercialization of healthcare and gay rights.

"The right to know one’s origins is a vital right, a fundamental right,” said Arthur Kermalvezen, 35, who turned to DNA tests to track down his biological father and has campaigned for the lifting of anonymity.

The legalisation of gay marriage in France six years ago sparked massive street protests even though the influence of the Catholic Church was thought to be in decline.

In a sign France has become more socially liberal, polls show a majority of French people back the bioethics reform.

Professor Rachel Levy, who runs the CECOS centre at the Tenon Hospital in Paris, said donor anonymity would remain in place for 13 months after the legislation comes into effect in an effort to help sperm banks build up stocks.

There would then be a second phase during which existing donors would say if they consent to their cryopreserved sperm being used under the new rules. The samples of those who refuse will be destroyed later.

"It's a challenging situation," Levy said.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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News Network
May 23,2020

Karachi, May 23: Ninety-seven people were killed and two survived when a passenger plane crashed into homes in Pakistan's southern city of Karachi, health officials said Saturday.

The Pakistan International Airlines (PIA) plane had made multiple approaches to land at the city's airport when it came down in a residential area, damaging buildings and sparking a rescue operation that lasted into the night.

All passengers and crew had been accounted for and the bodies of those killed had been recovered from the crash site, the Sindh Health Ministry said, adding that 19 had been identified.

A local hospital earlier reported it had received the bodies of people killed on the ground.

The site remained cordoned off on Saturday morning.

The crash sent plumes of smoke were into the air as rescue workers and residents searched the debris for people and as firefighters tried to extinguish the flames.

An AFP reporter witnessed charred bodies being loaded into ambulances.

PIA said the plane lost contact with air traffic control just after 2:30 pm (0930 GMT) travelling from Lahore to Karachi.

The disaster comes as Pakistanis prepare to celebrate the end of Ramadan and the beginning of Eid al-Fitr, with many travelling back to their homes in cities and villages.

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News Network
May 28,2020

Pulwama, May 28: A major incident of a vehicle-borne IED blast was averted by the timely input and action by Pulwama Police, Central Reserve Police Force (CRPF) and Army, the Jammu and Kashmir Police said.

According to sources, Pulwama Police got credible information last night about a terrorist moving with an explosive-laden car ready to blast at some location. They took out various parties of police and security forces and covered all possible routes keeping themselves and the police and security forces away from the road at safer locations.

The suspected vehicle came and a few rounds were fired towards it. A little ahead this vehicle was abandoned and the driver escaped in the darkness. On close look, the vehicle was seen to be carrying heavy explosives in a drum on the rear seat. Possibly more explosive would be fitted elsewhere in the vehicle, sources added.

The vehicle was kept under watch for the night. People in nearby houses were evacuated and the vehicle exploded in situ by the Bomb Disposal Squad as moving the vehicle would have involved serious threat, sources said.

The vehicle reportedly sports a number plate of a scooter registered somewhere in Kathua district of Jammu zone, sources added.

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