Russia, Iran ties with Taliban stoke Afghan anxiety

December 29, 2016

Kabul, Dec 29: Allegations over Russia and Iran's deepening ties with the Taliban have ignited concerns of a renewed "Great Game" of proxy warfare in Afghanistan that could undermine US-backed troops and push the country deeper into turmoil.

russiaMoscow and Tehran insist their contact with insurgents is aimed at promoting regional security, but local and US officials who are already frustrated with Pakistan's perceived double-dealing in Afghanistan have expressed bitter scepticism.

Washington's long-time nemesis Iran is accused of covertly aiding the Taliban, and Russia is back to what observers call Cold War shenanigans to derail US gains at a time when uncertainty reigns over President-elect Donald Trump's Afghanistan policy.

"(Russia's) narrative goes something like this: that the Taliban are the ones fighting Islamic State," top US commander in Afghanistan John Nicholson said recently, denouncing the "malign influence" of external powers.

"This public legitimacy that Russia lends to the Taliban is not based on fact, but it is used as a way to essentially undermine the Afghan government and the NATO effort and bolster the belligerents.

"Shifting to Iran, you have a similar situation. There have been linkages between the Iranians and the Taliban."

Russia has officially provided military helicopters for Afghan forces, but simultaneously propped up the Taliban with arms, official and insurgent sources say.

"We are particularly concerned about loads of Russian-made weapons recently seized from areas on the border with Tajikistan," a senior Afghan security official told AFP.

"Cross-border support for the Taliban will further complicate the security situation in Afghanistan's north."

A Taliban commander told AFP the Russian support had helped the insurgents overrun the northern city of Kunduz in October for the second time in a year.

Taliban representatives in recent months have also held several meetings with Russian officials in Tajikistan and Moscow, sources say.

"No country should be in touch with destructive groups who are the enemies of Afghanistan. This shows disrespect towards the victims of war," interior ministry spokesman Sediq Siddiqi told AFP."We ask Russia and Iran to work with Afghans to defeat terrorism."

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News Network
June 24,2020

Geneva, Jun 24: The global cumulative count of confirmed coronavirus cases is approaching nine million, with 133,326 cases recorded over the past day, the World Health Organisation (WHO) said in its daily situation report on Tuesday.

Over the past 24 hours, 3,847 people died from COVID-19 worldwide, taking the cumulative death toll to 469,587 fatalities, according to the report.

The global case total has now reached 8,993,659.

The Americas still account for the majority of cases and deaths -- 4.4 million and 224,207, respectively.

The United States remains the country with the highest count of cases and fatalities -- 2.3 million and 119,761, respectively.

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News Network
July 1,2020

Washington, Jul 1: The United States has approved four coronavirus vaccine candidates for clinical trials, Food and Drug Administration (FDA) head Stephen Hahn told reporters.

"Four vaccines have been approved for moving into clinical trials... and another six are in the pipeline for us to review," Hahn said during a press briefing on Tuesday.

The US Administration launched in May Operation Warp Speed, a joint project of Health and Defense Departments, which aims to deliver 300 million doses of a vaccine for COVID-19 by January 2021.

The country's top pandemics expert Anthony Fauci warned on Tuesday, however, that there is no certainty the United States will be able to develop a vaccine against COVID-19 that works and will be safe.

Data on vaccine effectiveness, he added, may be available in the winter or early next year.

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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