Poorer nations most likely to face covid inequalities: Commonwealth S-G

Agencies
February 24, 2021

Strong leadership fought COVID-19 in Africa: the next step is to harness  research

Geneva, Feb 24: Poorer countries will most likely "bear the brunt of hundreds of thousands of needless deaths" due to inequalities in access to COVID-19 vaccines.

This dire warning was given by the Commonwealth Secretary-General Patricia Scotland in a video address to the High-Level Segment at the 46th session of the UN Human Rights Council in Geneva on Tuesday.

More than 130 high-level dignitaries, including heads of state, foreign ministers and heads of international organisations, spoke during the High-Level Segment.

The Commonwealth Secretary-General said: "COVID-19 has shone a harsh light on health inequalities within and between countries. Nowhere is this more evident than in access to vaccines.

"Although vaccines are a vital lifeline, they remain out of the grasp of far too many.

"Crucially, it means that citizens of the poorest nations may bear the brunt of hundreds of thousands of needless deaths.

"We must not allow this. Leaders of our world must come together to ensure that this does not happen."

The Secretary-General also warned inequitable vaccine access could derail the global economic recovery and make wealthier nations lose money.

She added: "Covid has taught us that in order for any of us to be safe, we all must be safe. We must act together."

This past year has enhanced lingering existential threats, including the climate emergency, the Secretary-General stated.

She reaffirmed the Commonwealth's resolve to support small states and other vulnerable countries to protect the environment and tackle climate change.

The Commonwealth's 54 member countries include 32 small states.

Social injustices, including discrimination, poverty among marginalised communities and violence against women and girls, have also been exacerbated by the pandemic.

The Secretary-General called for inclusive development and multilateral co-operation, stressing that recommitment to human rights must be central to Covid-19 recovery efforts.

She concluded: "Human rights are not the panacea to all challenges brought about by the pandemic, by climate change or by the never-ending list of conflicts across the world. But the last 12 months have taught a painful lesson to humanity. We must learn from experience.

"We have to make human rights central to building back better. Without human rights, humanity is not a sustainable project. We cannot afford to fail."

The Commonwealth is a voluntary association of 54 independent and equal sovereign states. The combined population is 2.4 billion, of which more than 60 per cent is aged 29 or under.

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News Network
November 10,2024

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Mangaluru: A tragic accident took place on Saturday at Chembugudde near Thokkottu, claiming the life of a 47-year-old woman after a tanker lorry ran over her. The victim, identified as Rahmat H Rashid, was riding pillion with her husband, Abdul Rashid G, on their scooter. 

The couple was traveling from Yenepoya Hospital to Bajpe when the scooter skidded on the poorly maintained road. Rahmat fell onto the road and was fatally struck by a tanker lorry that was coming from behind. Despite being rushed to the hospital, doctors declared her dead upon arrival.

The incident prompted a swift response from the DYFI Ullal Taluk Committee, which staged a protest on Saturday night, condemning the unsafe condition of the road. Nithin Kuthar, president of the committee, criticized MLA and Legislative Assembly Speaker UT Khader for failing to ensure safe infrastructure, despite touting the road as toll-free. 

Kuthar demanded immediate repairs, warning that the committee would march to the MLA’s office with black flags if the road is not fixed within a week.

Former DYFI State President Sunil Kumar Bajal also voiced frustration over the deteriorating condition of Thokkottu market, highlighting the struggles people face while crossing roads riddled with dangerous potholes. In response to public outcry, temporary repairs were made to the road at Chembugudde on Sunday, though locals remain wary and demand a more permanent solution. 

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News Network
November 19,2024

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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