Putin storms to victory, to rule Russia as President six more years

Agencies
March 19, 2018

Moscow, Mar 19: Vladimir Putin cruised to victory in Russia's presidential election on Sunday, giving him at least another six years in power as Moscow's relations with the West become increasingly strained.

Putin, who has ruled Russia for almost two decades, recorded his best ever election performance with more than 76 percent of the vote, but the opposition cried foul.

Monitors reported ballot stuffing and other cases of alleged fraud as the Kremlin pushed for a high turnout to give greater legitimacy to Putin's historic fourth term.

The Russian strongman ran against seven other candidates, but his most vocal critic Alexei Navalny was barred from the ballot for legal reasons and the final outcome was never in doubt.

"I see in this (result) the confidence and hope of our people," Putin said in an address to a crowd of supporters on a square next to the Kremlin after exit polls put him on track for a resounding victory.

"Our thoughts will turn to the future of our great country and the future of our children," said the man who is already Russia's longest-serving leader since Stalin.

About 107 million Russians were eligible to cast ballots and in its latest update on participation, three hours before polls closed in Moscow, the central election commission said turnout was at 60 percent.

Authorities used both the carrot and the stick to boost engagement in the polls.

Selfie competitions, giveaways, food festivals and children's entertainers were laid on at polling stations in a bid to create a festive atmosphere around the election.

But employees of state and private companies reported coming under pressure to vote, while students were threatened with problems in their exams or even expulsion if they did not take part, according to the independent Novaya Gazeta newspaper.

According to central election commission data with 90 percent of ballots counted, Putin took 76.4 percent of the vote, well ahead of his nearest competitor Communist Party candidate Pavel Grudinin who was on 12 percent.

Ultra-nationalist firebrand Vladimir Zhirinovsky took around 6 percent, former reality TV presenter Ksenia Sobchak was on 1.5 percent and other candidates were on less than a single percentage point each.

The election was held as Russia faces increasing isolation on the world stage over a spy poisoning in Britain and a fresh round of US sanctions just as it gears up for the football World Cup in the summer.

Navalny -- who called on his supporters to boycott the "fake" vote and sent more than 33,000 observers across the country to see how official turnout figures differed from those of monitors -- said there had been "unprecedented violations".

His lawyer Ivan Zhdanov said the actual national turnout at 1700 GMT, when polls closed in Moscow, was 55 percent, according to data collected by monitors.

Navalny's opposition movement and the non-governmental election monitor Golos reported ballot stuffing, repeat voting and Putin supporters being bussed into polling stations en masse.

One election commission worker in the Republic of Dagestan, which traditionally registers extremely high official turnout figures, told AFP around 50 men entered the station where he was working and physically assaulted an observer before stuffing a ballot box.

But the electoral commission dismissed most concerns, saying monitors sometimes misinterpret what they see.

Runner-up Grudinin said the elections had been "dishonest" in comments carried by news agencies following early results.

Among the first world leaders to congratulate Putin was Chinese President Xi Jinping, who has just been handed a second term himself and has gained a path to indefinite rule after presidential term limits were lifted last week.

"China is willing to work with Russia to keep promoting China-Russia relations to a higher level, provide the driving force for respective national development in both countries, and promote regional and global peace and tranquillity," Xi said in his message.

Since first being elected president in 2000, Putin has stamped his total authority on the world's biggest country, muzzling opposition, putting television under state control and reasserting Moscow's standing abroad.

The 65-year-old former KGB officer used an otherwise lacklustre presidential campaign to emphasise Russia's role as a major world power, boasting of its "invincible" new nuclear weapons in a pre-election speech.

Most people who spoke to AFP on Sunday said they voted for Putin, praising him for restoring stability and national pride after the humiliating collapse of the Soviet Union.

"Of course I'm for Putin, he's a leader," said Olga Matyunina, a 65-year-old retired economist.

"After he brought Crimea back, he became a hero to me."

Sunday marked four years since Putin signed a treaty declaring Crimea to be part of Russia in a move that triggered a pro-Kremlin insurgency in east Ukraine, a conflict that has claimed more than 10,000 lives.

Ahead of the vote, a new crisis broke out with the West as Britain implicated Putin in the poisoning of former double agent Sergei Skripal with a Soviet-designed nerve agent.

In response, London expelled 23 Russian diplomats, prompting a tit-for-tat move by Moscow. Also this week, Washington hit Russia with sanctions for trying to influence the 2016 US election.

After his victory, Putin dismissed claims Russia was behind the poisoning in Britain as "drivel, rubbish, nonsense" but said Moscow was ready to cooperate with London in the probe.

Putin's previous Kremlin term was marked by a crackdown on the opposition after huge protests, the Ukraine conflict, military intervention in Syria and the introduction of Western sanctions that contributed to a fall in living standards.

The president has said he will use his fourth term to address a litany of domestic problems including widespread poverty and poor healthcare.

Election officials flew to far-flung regions to collect votes from indigenous herders, while cosmonaut Anton Shkaplerov -- the only Russian currently aboard the International Space Station -- cast his ballot by proxy.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 3,2020

The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock.

Despite fears a surge in new Covid-19 cases would delay economies reopening and stymie a tentative recovery, world stocks have rallied - with the S&P 500 finishing higher in June, marking its biggest quarterly percentage gain since the height of the technology boom in 1998.

Caught between bets in favour of riskier investments, weak U.S. economic prospects as well as an easing in the thirst for dollars after the Federal Reserve flooded markets with liquidity, the greenback fell nearly 1.0 per cent last month. It was its worst monthly performance since December.

While there was a dire prognosis from the top U.S. medical expert on the coronavirus' spread, the June 25-July 1 poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain.

"The dollar rises in two instances: when you see risk off or when there is a situation where the U.S. is leading the global recovery, and we don't think that's going to be the case anytime soon," said Gavin Friend, senior FX strategist at NAB Group in London.

"The U.S. is playing fast and loose with the virus, and chronologically they're behind the rest of the world."

Currency speculators, who had built up trades against the dollar to the highest in two years during May, increased their out-of-favour dollar bets further last week, the latest positioning data showed.

About 80 per cent of analysts, 53 of 66, said the likely path for the dollar over the next six months was to trade around current levels, alternating between slight gains and losses in a range. That suggests the greenback may be at a crucial crossroad as more currency strategists have turned bearish.

But more than 90 per cent, or 63 of 68, said a second shock from the pandemic would push the dollar higher. Five said it would push the U.S. currency lower.

Much will also depend on debt servicing and repayments by Asian, European and other international borrowers in U.S. dollars.

While an early shortage of dollars in March from the pandemic's first shock pushed the Fed to open currency swap lines with major central banks, international funding strains have eased significantly since. In recent weeks, usage of the facility has reduced dramatically.

That trend is expected to continue over the next six months with major central banks' usage of swap lines to "stay around current levels", according to 32 of 46 analysts. While 13 predicted a sharp drop, only one respondent said use of them would "rise sharply".

The dollar index, which measures the greenback's strength against six other major currencies, has slipped over 5 per cent since touching a more than three-year high in March.

When asked which currencies would perform better against the dollar by end-December, a touch over half of 49 respondents said major developed market ones, with the remaining almost split between commodity-linked and emerging market currencies.

"The dollar is so overvalued, and has been overvalued for a long time, it's time now for it to come back down again, as we head towards the (U.S.) election," added NAB's Friend.

Over the last quarter, the euro has staged a 1.8 per cent comeback after falling by a similar margin during the first three months of the year. For the month of June, the euro was up 1.2 per cent against the dollar.

The single currency was now expected to gain about 2.5 per cent to trade at $1.15 in a year from around $1.12 on Wednesday, slightly stronger than $1.14 predicted last month. While those findings are similar to what analysts have been predicting for nearly two years, there was a clear shift in their outlook for the euro, with the range of forecasts showing higher highs and higher lows from last month.

"In comparison to even a month or two ago, the outlook in Europe has improved significantly," said Lee Hardman, currency strategist at MUFG.

"I think that makes the euro look relatively more attractive and cheap against the likes of the dollar. We're not arguing strongly for the euro to surge higher, we're just saying, after the weakness we have seen in recent years, there is the potential for that weakness to start to reverse."

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 22,2020

Karachi, Jun 22: India-born renowned Pakistani Shia scholar and author Talib Jauhari passed away here after a prolonged illness. He was 80.

Jauhari, who was born on August 27, 1939 in Patna, is survived by his three sons, Dawn News reported on Monday.

He migrated to Pakistan along with his father in 1949, two years after the Partition.

After obtaining early education from his father, he went to Iraq where he studied religion for 10 years under the renowned Shia scholars of that time.

Jauhari, who was on a ventilator in the intensive care unit of a private hospital for the past 15 days, breathed his last on Sunday night.

His son Riaz Jauhari confirmed his death and said that the body has been shifted to Ancholi Imambargah for the funeral prayers, The Express Tribune newspaper quoted his son as saying.

Jauhari was respected among his sect as he was a class fellow of the widely revered scholar Ayatollah Sayyid Ali al-Husayni al-Sistani.

He was also a poet, historian and philosopher and authored many books.

Pakistan Prime Minister Imran Khan has condoled Jauhari's death.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.