Pope meeting Suu Kyi on Rohingya crisis amid outcry

Agencies
November 28, 2017

Yangon, Nov 28: Pope Francis begins his first full day in Myanmar travelling to the country's capital today to meet with the civilian leader, Nobel laureate Aung San Suu Kyi, a day after hosting the military general in charge of the crackdown on the country's Muslim Rohingya minority.

Francis' speech to Suu Kyi, other Myanmar authorities and the diplomatic corps in Naypyitaw is the most anticipated of his visit, given the outcry over the crackdown, which the U.S. and U.N. have described as a campaign of "ethnic cleansing" to drive out the Rohingya from northern Rakhine state.

The operation, launched in August after Rohingya militants attacked security posts, has sent more than 620,000 Rohingya into neighbouring Bangladesh, where they have reported entire villages were burned and looted, and women and girls were raped.

Myanmar's Catholic leaders have stressed that Suu Kyi has no voice to speak out against the military over the operation, and have urged continued support for her efforts to move Myanmar toward a more democratic future that includes all its religious minorities, Christians in particular.

How Francis bridges the local Catholic concerns with his legacy of speaking out for oppressed minorities is the key to watch in his speech in Naypyitaw.
Francis dove into the crisis hours after arriving yesterday by meeting with the commander responsible for the crackdown, Gen Min Aung Hlaing, and three members of the bureau of special operations.

The Vatican didn't provide details of the contents of the 15-minute "courtesy visit," only to say that "They spoke of the great responsibility of the authorities of the country in this moment of transition."

Gen Min Aung Hlaing's office said in a statement on Facebook that he is willing to have "interfaith peace, unity and justice." The general added that there was no religious or ethnic persecution or discrimination in Myanmar and that the government allowed different faith groups to have freedom of worship.
Rohingya Muslims have long faced state-supported discrimination in the predominantly Buddhist country and were stripped of citizenship in 1982, denying them almost all rights and rendering them stateless.

They cannot travel freely, practice their religion, or work as teachers or doctors, and they have little access to medical care, food or education.

Myanmar's Catholic Church has publicly urged Francis to avoid saying "Rohingya," a term shunned by many here because the ethnic group is not a recognized minority in the country. And they have urged him to toe a delicate line in condemning the violence, given the potential for blowback against Myanmar's tiny Catholic community.

Francis previously has prayed for "our Rohingya brothers and sisters," lamented their suffering and called for them to enjoy full rights. As a result, much of the debate before his trip focused on whether he would again express solidarity with the Rohingya.

Any decision to avoid the term and shy away from the conflict could be viewed as a capitulation to Myanmar's military and a stain on his legacy of standing up for the most oppressed and marginalized of society, no matter how impolitic.

Burke didn't say if Francis used the term in his meeting with the general, which ended with an exchange of gifts: Francis gave him a medallion of the trip, while the general gave the pope a harp in the shape of a boat, and an ornate rice bowl.

The papal trip was planned before the latest spasm of violence erupted in August, when Myanmar security forces responded to militant attacks with a scorched-earth campaign that has sent many Rohingya fleeing to Bangladesh.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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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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News Network
May 9,2020

New Delhi, May 9: The Trinamool Congress on Saturday responded to Union home minister Amit Shah’s charge that the Mamata Banerjee-led West Bengal government is not facilitating the movement of stranded migrant workers.

Amit Shah has written to West Bengal chief minister Mamata Banerjee, saying her government is doing “injustice” to migrant workers by not allowing the special Shramik trains to reach the state.

“Union home minister Amit Shah speaks after weeks of silence only to mislead people with lies,” the TMC’s Abhishek Banerjee was quoted as saying by news agency PTI.

“The Centre is lying… West Bengal is running 711 camps for migrants in the state. We are taking good care of them,” Abhishek Banerjee, who is also the chief minister’s nephew, said.

Amit Shah had pointed out in his letter that the Centre was not receiving the “expected support” from the state government in helping stranded migrant workers from West Bengal.

“West Bengal government is not allowing trains with migrants reaching the state. This is injustice with WB migrant labourers. This will create further hardship for them,” Amit Shah had said in his letter to Mamata Banerjee.

The issue of migrant workers is the latest flashpoint between the Centre and the West Bengal government amid a row over the state’s efforts to control the coronavirus disease (Covid-19).

The Centre and the state have exchanged allegations over the criteria for reporting deaths from the infection, and while While Bengal says the Centre is trying to politicise a public health crisis, the Union government maintains that state officials are ignoring repeated warnings to step up the fight against the disease.

Federal officials have said that the region has not conducted adequate tests and that there has been mismanagement over identifying hotspots and containing them.

Union home secretary Ajay Bhalla also slammed the state government for a very low rate of testing and high rate of mortality, 13.2%, by far the highest for any state.

The Centre has also accused the state government of not allowing cross-border movement of goods trucks to Bangladesh.

There are 1,678 Covid-19 cases and 160 deaths in West Bengal until Saturday morning.

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