Approve name-change or face 'hopelessness': Zoran Zaev

Agencies
September 16, 2018

Macedonia, Sept 16: Macedonians must choose between a new name or a future of isolation and instability, Prime Minister Zoran Zaev told AFP ahead of a September 30 referendum on the issue.

The proposed change, which would rename the country the Republic of North Macedonia, is Zaev's effort to end a 27-year-old dispute with Greece and usher his Balkan nation into NATO and the European Union.

Long seen as one of Europe's most stubborn deadlocks, the name row is a tussle over history, identity and land.

Athens has blocked the former Yugoslav republic from joining NATO and the EU since 1991 because it considers the country's name an encroachment on its own province called Macedonia.

Greeks also accuse Skopje of appropriating their history and culture, notably by erecting huge monuments to Alexander the Great, the king of ancient Macedon.

But there was a breakthrough between Zaev and Greek counterpart Alexis Tsipras in July -- a rare detente in a region tangled in complex disagreements.

Zaev must now convince the country of 2.1 million people to accept the new name despite a widespread feeling that they have been bullied by Greece.

A pro-Europe politician who helped topple a nationalistic government, Zaev has framed the name-change as a painful but historic opportunity for Macedonia to link arms with the West.

If the deal unravels, it will mean "hopelessness, total isolation of the country, probably another chapter of insecurity and instability in the whole region", the 43-year-old told AFP after a campaign speech in the western city of Kicevo.

Alternatively, a 'yes' vote could make the accord a model for other regional disputes, said Zaev, an economist who has sought to revamp Macedonia's foreign relations since coming to power more than one year ago.

"Other types of identity problems can be solved through deals like this," he said.

Zaev and his Social Democrats party must tread lightly to avoid inflaming nationalists who feel they are being robbed of their identity.

He has avoided uttering the new name during townhall-style debates around the country.

"North" is also nowhere to be seen on government billboards that encourage the public to "Go vote for a European Macedonia".

The referendum question itself asks: "Are you for EU and NATO membership by accepting the agreement between the Republic of Macedonia and the Republic of Greece?"

Zaev is trying to reach the majority of Macedonians -- 80 percent, he says -- who want to join those Western institutions.

But critics have chafed at what they perceive to be a misleading question.

And while NATO membership is all but assured, the road to the EU will be longer for a country still mired in corruption.

The appetite for EU enlargement is also shrinking among some members of the bloc, who voted to push Macedonia's accession talks back to June 2019 despite the hard-won deal.

EU officials and leaders like Angela Merkel have nevertheless been passing through Skopje almost daily to whip up support.

The Russians, meanwhile, "told me that they have nothing against Macedonia's accession to the EU but that they are opposed to NATO integration", said Zaev.

A July survey conducted by the US-funded Center for Insights in Survey Research found 57 percent supported the accord.

"I am so strongly convinced that the referendum will succeed that I'm not even looking into other options," Zaev told AFP.

The right-wing opposition, VMRO-DPMNE, has stopped short of advocating a boycott, urging the public instead to act "according to their conscience".

Civic groups have taken up the torch however, with the hashtag #boycott rippling across social media.

Zaev said detractors are using "disinformation as a tool" to defeat the proposal.

The biggest challenge may be generating sufficient turnout in a country where even supporters are only grudgingly in favour of the deal.

"I don't think it's a fair deal, but I will vote for it," said Sasho Ilioski, 45, because he wanted a chance to join the EU.

"There is a certain amount of disappointment here, that people will lose a part of their identity, their national pride. They will still vote for this deal, but these feelings cannot be hidden."

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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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Agencies
July 29,2020

If everything goes as Russia’s expectation, it will be world’s first country to approve a coronavirus vaccine for widespread in the second week of August despite safety and efficacy concerns, according to a report. The adenoviral vector-based vaccine developed by Russian military and government researchers is currently in phase 2 trials.

According to a report from CNN, Russian officials are hoping to get approval for the COVID-19 vaccine developed by the Moscow-based Gamaleya Institute on Agust 10 or even before that. The officials told the outlet that the vaccine will be approved for public use with frontline healthcare workers receiving it first.

“It’s a Sputnik moment,” said Kirill Dmitriev, head of Russia’s sovereign wealth fund, which is financing Russian vaccine research, referring to the successful 1957 launch of the world’s first satellite by the Soviet Union, according to CNN.

“Americans were surprised when they heard Sputnik’s beeping. It’s the same with this vaccine. Russia will have got there first,” he was quoted as saying.

However, Russia is yet to release the scientific data on its coronavirus vaccine trials, hence, questions remain about the safety and efficacy of the vaccine, said the report. The vaccine is in the second phase of testing with developers planning to launch the phase 3 trials sometime after August 3.

Earlier, Interfax reported, citing Health Minister Mikhail Murashko, that the vaccine will be widely used in parallel with phase 3 trials. He said the country plans to vaccinate medics who are at high-risk for COVID-19 next month before clinical trials are completed.

Murashko added that individuals at higher risk of getting infected with the coronavirus such as older people or those with health conditions will also be prioritised for the vaccine, although he did not estimate or reveal when that would happen. The minister added 800 people will be recruited for the phase 3 trials.

Meanwhile, health officials were more cautious considering the fact that human testing of the vaccine is incomplete, and the state registration is expected to begin after August 3, reported The Moscow Times.

On Monday, Moderna and Pfizer announced the commencement of the final phase 3 trials of their candidate vaccines against the SARS-CoV-2 virus, which has so far claimed at least 654,477 lives and infected 16,514,500 people worldwide. 

Researchers will recruit up to 30,000 volunteers in separate trials both backed by the US government. India's first indigenous coronavirus vaccine, COVAXIN, is undergoing phase 1 human clinical trials across the country. More than 150 COVID-19 vaccines are being developed all over the world with at least six candidates already in late-stage clinical trials.

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Agencies
February 29,2020

Islamabad, Feb 29: A coalition comprising digital media giants Facebook, Google and Twitter (among others) have spoken out against the new regulations approved by the Pakistani government for social media, threatening to suspend services in the country if the rules were not revised, it was reported.

In a letter to Prime Minster Imran Khan earlier this month, the Asia Internet Coalition (AIC) called on his government to revise the new sets of rules and regulations for social media, The News International reported on Friday.

"The rules as currently written would make it extremely difficult for AIC Members to make their services available to Pakistani users and businesses," reads the letter, referring to the Citizens Protection Rules (Against Online Harm).

The new set of regulations makes it compulsory for social media companies to open offices in Islamabad, build data servers to store information and take down content upon identification by authorities.

Failure to comply with the authorities in Pakistan will result in heavy fines and possible termination of services.

It said that the regulations were causing "international companies to re-evaluate their view of the regulatory environment in Pakistan, and their willingness to operate in the country".

Referring to the rules as "vague and arbitrary in nature", the AIC said that it was forcing them to go against established norms of user privacy and freedom of expression.

"We are not against regulation of social media, and we acknowledge that Pakistan already has an extensive legislative framework governing online content. However, these Rules fail to address crucial issues such as internationally recognized rights to individual expression and privacy," The News International quoted the letter as saying.

According to the law, authorities will be able to take action against Pakistanis found guilty of targeting state institutions at home and abroad on social media.

The law will also help the law enforcement authorities obtain access to data of accounts found involved in suspicious activities.

It would be the said authority's prerogative to identify objectionable content to the social media platforms to be taken down.

In case of failure to comply within 15 days, it would have the power to suspend their services or impose a fine worth up to 500 million Pakistani rupees ($3 million).

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