Oil prices fall as US economic package crashes

News Network
March 23, 2020

Singapore, Mar 23: Oil prices fell at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the US.

US benchmark West Texas Intermediate initially tumbled more than three percent but then pulled back some ground to trade 1.5 percent lower, at $22 a barrel.

Brent crude, the international benchmark, fell 4.9 percent to $25 a barrel.

Prices have fallen to multi-year lows in recent weeks as lockdowns and travel restrictions to fight the virus hit demand, and top producers Saudi Arabia and Russia engage in a price war.

The latest drop came after a trillion-dollar Senate proposal to rescue the US economy was defeated after receiving zero support from Democrats, and with five Republicans absent from the chamber because of virus-related quarantines.

The bill had proposed funding for American families, thousands of shuttered or suffering businesses and the nation's critically under-equipped hospitals.

Coronavirus deaths soared across Europe and the United States at the weekend despite heightened restrictions.

The death toll from the virus -- which has upended lives and closed businesses and schools across the planet -- surged to more than 14,300 Sunday, according to an AFP tally.

AxiCorp chief markets strategist Stephen Innes said that "total demand devastation" had set it.

"Oil markets collapsed out of the gate this morning as prices react... to stringent containment lockdown measures," he said.

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News Network
April 23,2024

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The genocidal war on Gaza launched by Israel on October 7 last year, with the support of the US and its other Western allies, completes 200 days on Tuesday, leaving behind a trail of death, destruction, displacement and starvation.

These 200 days – between October 7, 2023, and April 23, 2024 – have been marked by unprecedented crimes against the people of Gaza, especially children and women, the bombardment of hospitals and schools, abuse and torture of women and abduction of young boys.

Human rights groups and international bodies have described the harrowing events unfolding in the besieged Palestinian territory as a textbook case of genocide and ethnic cleansing.

Israeli regime’s key international allies – Washington, London, Paris and Berlin – have also been at the receiving end of massive public backlash for their continued military support for the regime.

The death toll in the apartheid regime’s genocidal campaign has already topped 34,150 since October 7, more than 75 percent of them being women and children, according to the Gaza government office.

The 2.3 million people in the besieged territory continue to deal with a catastrophic humanitarian crisis amid relentless bombings and crippling siege imposed by the Israeli regime with the backing of the US.

Following are the statistics related to 200 days of war waged by the Israeli occupation on Gaza. 

200 – the number of days of the latest Israeli genocidal war on Gaza

41,183 – the total number of those killed and missing in Gaza since Oct. 7

34,183 – the total number of fatalities in Gaza since Oct. 7 (confirmed dead)

7,000 – the number of people still under the rubble of destroyed buildings in Gaza (presumed dead)

77,183 – the number of wounded persons in Gaza since Oct. 7

3,025 – the number of massacres committed by the regime since Oct. 7

14,778 – the number of children killed since Oct. 7

30 – the number of children who died due to starvation and famine

9,752 – the number of women killed since Oct. 7

485 – the number of doctors and paramedics killed since Oct. 7

67 – the number of civil defense personnel killed since Oct. 7

140 – the number of Palestinian journalists killed since Oct. 7

72 – the percentage of children and women killed since Oct. 7

17,000 – the number of children who have lost one or both parents since Oct. 7

11,000 – the number of injured people who need to travel for treatment

10,000 – the number of cancer patients who face the risk of death

1,090,000 – the number of people with infectious diseases due to displacement

8,000 – the number of cases of viral hepatitis due to displacement

60,000 – the number of pregnant women at risk due to lack of healthcare

350,000 – the number of chronically ill patients suffering due to lack of medicine

5,000 – the number of people arbitrarily detained in Gaza since Oct. 7

310 – the number of health practitioners who have been arrested

20 – the number of known journalists arbitrarily detained since Oct. 7

2 million – the number of displaced people in the Gaza Strip

181 – the number of government buildings destroyed since Oct. 7

103 – the number of schools and universities completely destroyed since Oct. 7

317 – the number of schools and universities partially destroyed by the occupation

239 – the number of mosques completely destroyed since Oct. 7

317 – the number of mosques partially destroyed since Oct. 7

3 – the number of churches targeted and destroyed since Oct. 7

86,000 – the number of housing units completely destroyed since Oct. 7

294,000 – the number of housing units partially destroyed since Oct. 7

75,000 – tons of explosives dropped by the occupation on Gaza since Oct. 7

32 – the number of hospitals taken out of service by the occupation since Oct. 7

53 – the number of health centers that have become non-functional since Oct. 7

160 – the number of health institutions partially or fully destroyed since Oct. 7

126 – the number of ambulances destroyed by the occupation army since Oct. 7

206 – the number of archaeological and heritage sites destroyed since Oct. 7

$30 – billions in preliminary direct losses as a result of the genocidal war on Gaza

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News Network
April 26,2024

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The Supreme Court of India on Friday, April 26, rejected pleas seeking 100% cross-verification of votes cast using EVMs with a Voter Verifiable Paper Audit Trail (VVPAT) and said “blindly distrusting” any aspect of the system can breed unwarranted scepticism.

A bench of Justices Sanjiv Khanna and Dipankar Datta delivered two concurring verdicts. It dismissed all the pleas in the matter, including those seeking to go back to ballot papers in elections.

An EVM comprises three units – the ballot unit, the control unit and the VVPAT. All three are embedded with microcontrollers with a burnt memory from the manufacturer. Currently, VVPATs are used in five booths per assembly constituency.

EVM VVPAT case: Supreme Court issues two directives

1.    Justice Khanna directed the Election Commission of India to seal and store units used to load symbols for 45 days after the symbols have been loaded to electronic voting machines in strong rooms.

2.    The Supreme Court also allowed engineers of the EVM manufacturers to verify the microcontroller of the machines after the declaration of the results at the request of candidates who stood second and third. The top court said the request for the verification of the microcontroller can be made within seven days of the declaration of the results after payment of fees.

Option for candidates to seek verification of EVM programmes

•    Candidates who secure second and third position in the results can request for the verification of burnt memory semicontroller in 5% of the EVMs per assembly segment in a Parliamentary constituency. The written request to be made within seven days of the declaration of the results.

•    *On receiving such a written request, the EVMs shall be checked and verified by a team of engineers from the manufacturer of the EVMs.

•    Candidates should identify the EVMs to be checked by a serial number of the polling booth.

•    Candidates and their representatives can be present at the time of the verification.

•    After verification, the district electoral officer should notify the authenticity of the burnt memory.

•    Expenses for the verification process, as notified by the ECI, should be borne by the candidate making the request.
What did the Supreme Court say?

•    "If EVM is found tampered during verification, fees paid by the candidates will be refunded," the bench said.

•    "While maintaining a balanced perspective is crucial in evaluating systems or institutions, blindly distrusting any aspect of the system can breed unwarranted scepticism...," Justice Datta said.

Who filed the petitions?

NGO Association for Democratic Reforms, one of the petitioners, had sought to reverse the poll panel's 2017 decision to replace the transparent glass on VVPAT machines with an opaque glass through which a voter can see the slip only when the light is on for seven seconds.

The petitioners have also sought the court's direction to revert to the old system of ballot papers.

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News Network
April 29,2024

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Bengaluru, Apr 29: HD Revanna, the father of Karnataka MP Prajwal Revanna, has accused rivals of creating a conspiracy out of "old videos", a comment that is likely to raise a bigger row over his son's alleged link to the obscene videos.

A woman yesterday filed a police case against Prajwal Revanna and his father over alleged sexual assault. Prajwal Revanna, the Janata Dal (Secular) MP and grandson of former Prime Minister HD Deve Gowda, has denied the latest allegations and also filed a police complaint over circulation of obscene videos, which he said were morphed.

Prajwal Revanna left for Germany on Saturday morning after voting in the Lok Sabha elections a day earlier.

"I know what kind of conspiracy is going on. I am not someone who'll get scared and run away. They have released something that was 4-5 years old. Expelling him from the party is left to the party high command," HD Revanna said.

When it was pointed out that an FIR has been registered against him too, he said, "There is politics, I don't want to comment. They (Congress) are in government and they will do whatever they want."

"All these things are not just today, the Deve Gowda family in the last 40 years (has been targeted by) Congress. CoD (now CID), Lokayukta probe, we have been facing for the last 40 years... I don't want to react to anything...let them take action in accordance with law," he said, adding that he hasn't spoken to Deve Gowda on the issue.

"Since the special investigation team is looking into the case, I will not react any further," HD Revanna said.

Yesterday, a first information report was filed against the father-son duo on charges of sexual harassment, intimidation and outraging the dignity of a woman.

The survivor alleged both sexually assaulted her, and when Revanna's wife was not home, he touched her inappropriately and used to sexually assault her. The complainant alleged Prajwal Revanna also misbehaved with her daughter over a video call. "My daughter blocked his number after repeated calls," the complainant said.

The latest FIR comes when Prajwal Revanna is already in the middle of a controversy after some objectionable videos went viral on social media allegedly involving him.

Prajwal Revanna is seeking a fresh term in the Lok Sabha from as a National Democratic Alliance (NDA) candidate from Hassan.

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