Pope, ending Mozambique visit, slams corrupt leaders

Agencies
September 6, 2019

Maputo, Sept 6: Pope Francis, ending his visit to Mozambique, on Friday scolded political and business leaders in the resource-rich but poor East African country who allow themselves to be corrupted by outsiders.

On his last day in the country, Francis visited a hospital for HIV-AIDS sufferers run by the Sant' Egidio community and then said a mass for some 60,000 of people in Maputo's national stadium.

At the hospital and in his homily, Francis spoke of all four of the main themes of the trip to this country as well as Madagascar and Mauritius - peace, poverty, corruption, and environmental protection.

"Mozambique is a land of abundant natural and cultural riches, yet paradoxically, great numbers of its people live below the poverty level," Francis said in the stadium, in an area of the capital where many people live in shantytowns with houses of corrugated metal roofs.

At the AIDS hospital, the pope saw a cross made of wood and shards of metal from the collapsed roof of the home of an elderly woman.

According to the U.N. World Food Programme, 80% of Mozambique's population of about 30 million cannot afford the minimum costs for an adequate diet.

"At times it seems that those who approach with the alleged desire to help have other interests. Sadly, this happens with brothers and sisters of the same land, who let themselves be corrupted. It is very dangerous to think that this is the price to be paid for foreign aid," Francis said.

BILLION-DOLLAR SCANDAL

Mozambique ranks in the lowest quarter of Transparency International's Corruption Perceptions Index.

While the pope did not give any specific examples of corruption, Mozambique is still struggling to recover from the impact of a $2 billion debt scandal, which saw hundreds of millions of dollars in borrowing guaranteed by the Mozambique government disappear.

The money was borrowed ostensibly to develop shipyards, maritime security, and a tuna fishing venture, but U.S. authorities now say the projects were an elaborate front for a bribe and kickback scheme. Boats acquired for the projects meanwhile are rusting in harbors across Mozambique.

Criminal and civil court cases related to the scandal and spanning three continents have ensnared international investment bank Credit Suisse, which helped arrange the loans, three of its former bankers, a former finance minister, and the former Mozambique president's son.

Credit Suisse says it continues to cooperate with regulatory and enforcement authorities in connection with multiple investigations related to the Mozambique maritime transactions. It has said the bankers hid their misconduct from the bank. Mozambique has charged 20 people over the affair is suing Credit Suisse and others.

Mozambique, already one of the world's most impoverished countries, is still on the hook for the loans, some of which the government did not disclose. When it admitted to the undisclosed borrowing in 2016 it prompted donors such as the International Monetary Fund to cut off support, triggering a currency collapse and debt crisis.

Francis also spoke earlier of his concern over the environmental degradation in Africa, some it caused by rampant deforestation and extraction industries.

He said that assisting the poor could help put people in touch in touch with the earth, which is also vulnerable, and suffers from "symptoms of sickness evident in the soil, in the water, in the air and in all forms of life ... the earth herself, burdened and laid waste, is among the most abandoned and maltreated of our poor".

Deforestation, along with soil erosion, made Mozambique more vulnerable when two cyclones hit the country this year.

According to the World Bank, Mozambique has lost 8 million hectares of forest, about the size of Portugal, since the 1970s.

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News Network
June 17,2020

Vienna, Jun 17: Austrian police fined a man 500 euros for loudly breaking wind after officers stopped him earlier this month to check his identity.

The police defended the massive fine saying he had deliberately emitted a "massive flatulence," lifting his backside from the bench where he was sitting.

The accused complained of what he called the disproportionate and unjustified fine when he gave his account of the June 5 events on the O24 news website.

In reply to social media commentaries that followed, the police in the Austrian capital justified their reaction on Twitter.

"Of course, nobody is put on the spot if one slips out by accident," the police said.

However, in this case, the police said, the young man had appeared "provocative and uncooperative" in general.

He then "slightly raised himself from the bench, looked at the officers and patently, in a completely deliberate way, emitted a massive flatulence in their immediate proximity."

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News Network
April 10,2020

Melbourne, Apr 10: Scientists have identified six drug candidates from more than 10,000 compounds that may help treat COVID-19.

The research, published in the journal Nature, tested the efficacy of approved drugs, drug candidates in clinical trials and other compounds.

"Currently there are no targeted therapeutics or effective treatment options for COVID-19," said Professor Luke Guddat from the University of Queensland in Australia.

"In order to rapidly discover lead compounds for clinical use, we initiated a programme of high-throughput drug screening, both in laboratories and also using the latest computer software to predict how different drugs bind to the virus," Guddat said.

The project targeted the main COVID-19 virus enzyme, known as the main protease or Mpro, which plays a pivotal role in mediating viral replication, the researchers said.

This makes it an attractive drug target for this virus, and as people don't naturally have this enzyme, compounds that target it are likely to have low toxicity, they said.

"We add the drugs directly to the enzyme or to cell cultures growing the virus and assess how much of each compound is required to stop the enzyme from working or to kill the virus. If the amount is small, then we have a promising compound for further studies," said Guddat.

After assaying thousands of drugs, researchers found of the six that appear to be effective in inhibiting the enzyme, one is of particular interest.

"We're particularly looking at several leads that have been subjected to clinical trials including for the prevention and treatment of various disorders such as cardiovascular diseases, arthritis, stroke, atherosclerosis and cancer," Guddat said.

Researchers said compounds that are already along the pipeline to drug discovery are preferred, as they can be further tested as antivirals at an accelerated rate compared to new drug leads that would have to go through this process from scratch.

"With continued and up-scaled efforts we are optimistic that new candidates can enter the COVID-19 drug discovery pipeline in the near future," Guddat said.

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News Network
March 16,2020

New Delhi, Mar 16: Due to the coronavirus pandemic, most airlines in the world will be bankrupt by the end of May and only a coordinated government and industry action right now can avoid the catastrophe, said global aviation consultancy firm CAPA in a note on Monday.

"As the impact of the coronavirus and multiple government travel reactions sweep through our world, many airlines have probably already been driven into technical bankruptcy, or are at least substantially in breach of debt covenants," it stated.

Across the world, airlines have announced drastic reduction in their operations in the wake of the coronavirus outbreak. For example, Atlanta-based Delta Air Lines stated on Sunday that it would be grounding 300 aircraft in its fleet and reduce flights by 40 per cent.

The US has suspended all tourist visas for people belonging to the European Union, the UK and Ireland. Similarly, the Indian government has suspended all tourist visas and e-visas granted on or before March 11.

CAPA, in its note on Monday, said, "By the end of May-2020, most airlines in the world will be bankrupt. Coordinated government and industry action is needed - now - if catastrophe is to be avoided."

Cash reserves are running down quickly as fleets are grounded and "what flights there are operate much less than half full", it added.

"Forward bookings are far outweighed by cancellations and each time there is a new government recommendation it is to discourage flying. Demand is drying up in ways that are completely unprecedented. Normality is not yet on the horizon," it said.

India's largest airline IndiGo -- which has around 260 planes in its fleet -- said on Thursday that it has seen a decline of 15-20 per cent in daily bookings in the last few days.

The low-cost carrier had stated that it expects its quarterly earnings to be materially impacted due to such decline.

CAPA said the failure to coordinate the future will result in protectionism and much less competition.

"The alternative does not bear thinking about. An unstructured and nationalistic outcome will not be survival of the fittest.

"It will mostly consist of airlines that are the biggest and the best-supported by their governments. The system will reek of nationalism. And it will not serve the needs of the 21st century world. That is not a prospect that any responsible government should be prepared to contemplate," the consultancy firm said.

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