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Wednesday, July 10, 2019

Leaders of African Union (AU) member states met in Niamey, Niger’s capital, for an AU summit where on Sunday Presidents Muhammadu Buhari of Nigeria and Patrice Talon of Benin signed the African Continental Free Trade Area (AfCFTA) agreement.

Nigeria previously announced it planned to join the AfCFTA in the week leading up to the summit. AU trade and industry commissioner Albert Muchanga announced Benin was to join. The commissioner said, “We haven’t yet agreed on rules of origin and tariff con[c]essions, but the framework we have is enough to start trading on July 1, 2020”.

Niger’s president Mahamadou Issoufou said, “Nigeria is Africa’s biggest economy and most populous country. Without Nigeria the free trade zone would’ve been handicapped.”

The agreement seeks to remove tariffs on 90 percent of commodities and better intregrate African economies.

At the opening of the AU summit, AU chairperson President Abdel Fattah el-Sisi of Egypt said, “The success of the AfCFTA will be the real test to achieve the economic growth that will turn our people’s dream of welfare and quality of life into a reality”.

With Sunday’s signings, all but one of the member states of the 55-member AU have signed on to the agreement, with Eritrea the only state unsigned. African leaders have negotiated the deal over the last four years. While 54 nations have signed onto the AfCFTA, only 27 have ratified the agreement.

While many transactions in Africa occur using U.S. dollars or euros, the AU announced an electronic pan-African payment system.African Export–Import Bank president Okey Oramah said the use of third-party currencies “costs Africa between $5 and $7 billion,” further saying, “Beyond that, it also reduces trade because Africa has a scarcity of foreign exchange.”

There are reportedly 1.3 billion people in the free trade area, with the combined economies of the countries worth US$3.4 trillion. One of the stated goals of AfCFTA is to encourage more intra-Africa trade. Currently about 16–17 percent of African trade occurs between African countries. This is in contrast to the European Union members, where intra-European trade accounts for over 60 percent of trade.

The International Monetary Fund said in May the AfCFTA might be for African countries comparable to the European and North American trade blocs as an “economic game changer”.

Seven members states had bid to host the AfCFTA secretariat, the operational organ of the free trade agreement, with Ghana winning the bid.

Tuesday, March 26, 2013

Last Tuesday, AusAID Australia and the World Bank’s Global Environment Fund (GEF) reached an agreement to give the government of Kiribati US$5 million (AU$4,779,000, NZ$5,985,000, €3,885,000) to install solar panels around the country capital, located on the Tarawa atoll. According to Business Desk of the Brunei Times, AusAID promised AU$3.2 million in funding, while GEF promised US$1 million. The country was the first in the Pacific to make a deal with the World Bank.

The funding was part of a US$530 million (NZ$635 million) package announced at yesterday’s Pacific Energy Summit in Auckland involving New Zealand and the European Union, Australia, the Asian Development Bank, the European Investment Bank, the Japan International Cooperation Agency, the World Bank Group, and the United Arab Emirates. Also at the summit yesterday, New Zealand’s Foreign Affairs Minister Murray McCully had announced a national commitment of USD$54,262,000 (AU$51,861,000 NZ$65 million, €42,178,000) to Pacific region energy solutions, of which US$8,348,000 (AU$8 million, NZ$10 million, €6,483,000) would be specifically earmarked for renewable energy and improved energy efficiency in the Cook Islands, Kiribati, Papua New Guinea, Samoa, Tonga, and Tuvalu.

Kiribati is heavily dependent on diesel fuel for most of the energy available on the national power grid, which supplies power to half Kiribati’s population of 110,000. In addition, a third of the country’s population lacks access to electricity. Once installation of the solar panels is complete, they are estimated to reduce diesel consumption by 230,000 liters (60,760 gallons) a year and give access to the electricity to some parts of the population that currently have no electricity. The European Union already has committed €100 million to sustainable energy in the region, with €10 million of that coming as a result of an announcement made last week.

In a press release about the news, Kiribati President Anote Tong was quoted as saying, “Kiribati faces big challenges it is remote, it is at risk from the effects of climate change, and it is vulnerable to economic shocks. […] Shifting Kiribati’s focus to reliable solar energy will provide a more secure, more sustainable power source for the country’s people.” Radio New Zealand International quoted Tong as saying, “It’s the first time we are doing this. We’re excited at the prospect of even substituting fossil fuel to a small extent at this stage. What the system being envisaged will only produce around 500 kilowatts, but this is the beginning of what I hope will be a pattern, the trend in the future.”

The European Union’s Fiji-based head of operations for the Pacific region, Renato Mele, supported alternative energy solutions like solar power for the region, but said that solar power had limitations because climate and environmental conditions sometimes meant batteries required to power the panels had a life of only 12 months, compared to other climates where batteries normally last five years. This created the potential to drive up standard operating costs. Mele has also noted these additional costs though are still lower than the cost of diesel power.

One News Pacific Correspondent Barbara Dreaver noted, “Governments will be able to put the money they (currently) spend on diesel into things like education and health.”

Thursday, October 11, 2007

After the success of Taiwan Photovoltaic Forum 2006, the organizer Taiwan External Trade Development Council (TAITRA) held PV Taiwan 2007 Forum and Exhibition at Taipei International Convention Center on October 11 and 12. This forum and exhibitions attracted 74 companies participating with 110 exhibition booths at TICC 1F and 2F, and is mainly focused on photovoltaic materials/modules/products, electrical system transformation products, system appliances.

According to TAITRA, with the environment topic on global warming, increasing of oil prices, environment awareness, and greenhouse effect, solar energy is a very important energy source from now. The production value is currently increasing world-wide, with the help of semiconductor industry, the photovoltaic industry will play a suitable role at energy and environment industry in Taiwan.

In the exhibition, lots of exhibitors showed their solutions and products on solar energy modules and photovoltaic products with lots of unique functions such as waterproof, long-time usage, and industry integration. One of the exhibitors – Industrial Technology Research Institute (ITRI) also held a seminar and “Jinyi Award” for nominated participants and college students on photovoltaic industry.

A compilation of brief news reports for Friday, March 2, 2007.

United States fast-food chain Popeyes Chicken and Biscuits has filed a $20 million dollar lawsuit against competitor Church’s Chicken.

Popeyes Chicken says fast-food chain Church’s Chicken was trying to steal customers.

AFC owned both companies for 12 years, till it sold Church’s in 2004. AFC claims that Church bought all 10 Popeyes restaurants owned by franchisee CVI. Popeyes Chicken says the sale of the 10 restaurants violated its franchise agreement with CVI.

The sudden buy-out in December 2006 led the restaurants to close in early January 2007.

“What Church’s chose to do, I do believe, was not honest competition,” said Ken Keymer, CEO of AFC Enterprises Inc., the parent company of Popeyes.

Church’s spokesperson chose not to comment on the issue.

Sources

• Kyle Arnold. “Popeyes file suit over Churchs’ buyout” — The Monitor, March 1, 2007
• Associated Press. “Popeyes Chicken sues Church’s Chicken” — BusinessWeek, February 28, 2007

The national body for scientific research in Australia, the CSIRO has announced that 93 species of shrubs and small trees of the w:genus Dryandra have been been merged into the genus Banksia in the series Dryandra. This increased the number of Banksia species from 80 to 173.

The plants are endemic to the southwestern corner of Western Australia and the former genus was named in honour of the Swedish botanist Jonas C. Dryander.

Sources

• A.Mast and K.Thiele. “The transfer of Dryandra R.Br. to Banksia L.f. (Proteaceae)” — CSIRO, February 26, 2007

Friday, June 27, 2008

Newspaper The Guardian reports today that the sale of the BBC subsidiary BBC Resources Ltd., has cost £3.4m in consultancy fees — over £1m more than the £2.3m trading profit the commercial division is estimated to have made for the last financial year. Details of the failed privatisation were released by the BBC following a freedom of information request, and prior to publication of its annual report on July 8.

Fourteen months after advisers were appointed to try to sell BBC Resources Ltd., only one of the three main business units has been sold — its Outside Broadcast division to Satellite Information Services Limited (SIS), for an estimated £20m. On March 7, 2008 it was also announced that the studios operation would remain in BBC ownership and in early June, the fate of the third business was put on hold with the BBC stating that “like Studios, Post Production will remain within BBC Resources, which will continue to operate as a wholly-owned commercial subsidiary of the BBC.”

BBC Resources Ltd. made an operating profit of £6.1m for 2005-06, down from £7.4m the year before, with the BBC accounting for 83.3% of its turnover, down from 87.4% for 2004-05. Last year’s published figure for 2006-07 was £5.2 million — with BBC business at 80% of turnover.

BECTU Assistant General Secretary Luke Crawley is quoted as saying: “It’s fairly outrageous that around half the profit of the company [announced last year] has been spent trying to sell it. It’s an inordinate amount of money. The BBC was promised big returns if it sold BBC Resources but it’s only managed to sell outside broadcasts and we do not know how much it made out of that. We think the £3.4m is a poor investment.”

Friday, June 6, 2008

Police in Zimbabwe have stopped opposition leader Morgan Tsvangirai (MDC) en route to a campaign rally. His convoy was then escorted to a police station in Esigodini.

“Tsvangirai and other MDC leaders were detained again in Umzingwane. They are being taken to Esigodini police station,” said MDC spokesperson Nelson Chamisa.

Wayne Bvudzijena, a spokesman for the police, said that he was not aware of this incident, but added that roadblocks are used by the police to conduct weapons searches. “Tsvangirai and his convoy are not immune to search,” he said. “They can be searched at any roadblock they pass.”

Afterwards, the government banned political rallies in support of Tsvangirai, effectively ending his campaigning. Officials said the decision was made to protect the safety of Tsvangirai and MDC party leaders.

George Sibotshiwe, a spokesperson for Tsvangirai, called the ban “a clear indication that the regime will do everything necessary to remain in power,” and said its justification was “nonsense.”

Earlier today, Tsvangirai was prevented from attending a rally at a mine near Zimbabwe’s second-largest city, Bulawayo, when police blocked the road.

“One of our leading vehicles was stopped, then the rest of us were stopped as well. We tried to get an explanation from the police and they said we should have told them in advance that Mr Tsvangirai was going to visit,” said Lovemore Moyo, MDC chairman, to AFP. “They then turned us back and we had to use a smaller road to get back to the main road. We are now proceeding.”

“We were unable to speak at the mine as we heard at the gate, there were ZANU-PF activists blocking the entrance. We only managed to speak to our local councillors,” Moyo said.

Also today, the government announced a ban on all foreign aid groups operating in the country. Some groups, including CARE International had already been banned earlier this week.

“I hereby instruct all PVOs/NGOs to suspend all field operations until further notice,” said social welfare minister Nicholas Goche in a statement.

James Elder, a spokesperson for the United Nations Children’s Fund (UNICEF), called it “completely unacceptable and hugely concerning. Hundreds of thousands of children are in need of immediate assistance. With the onset of the winter in Zimbabwe, the timing is critical for children who are among the most vulnerable and most in need of support.”

US Assistant Secretary of State for African Affairs Jendayi Frazer called on President Thabo Mbeki of South Africa to pressure Mugabe “not to starve the population and to allow international organizations to function.”

“It’s unbelievable that the government will actually kick out the organizations which are providing services to the people,” Frazer said.

Rupert Colville, spokesperson for the United Nations’ High Commissioner for Human Rights told Voice of America that halting food aid is unconscionable in the opinion of Louise Arbour.

“To deprive people of food because of an election is a complete perversion of democracy. How can you possibly deprive people with food and then ask for a democratic vote?” Colville said.

Speaking at the United Nations Headquarters, the Zimbabwean ambassador Boniface Chidyauskiku said that the government was not using food as a tool in the election.

“There is no use of food as a political weapon. It is the other way around. It is the relief agencies, followed by the U.S. government, that have been using food as a political weapon,” Chidyauskiku said to the Associated Press. “They have gone out into the countryside and they have been telling Zimbabweans that if you don’t vote for the opposition, if you don’t change your vote, there’s no food for you.”

Yesterday, United States and United Kingdom diplomats were stopped in their vehicles in an incident the US called “outrageous” and said that they were threatened with being burned alive in their cars.

“Basically, the police told them they were not going anywhere unless they got out of the car,” said deputy information minister Bright Matonga. “The police told them they should respect the laws of the country unless they have something to hide.”

Two days ago, Tsvangirai was detained for several hours before being released without charges.

Thursday, July 23, 2009

Sophie Lavers, a 24-year-old woman from Canberra, has been crowned Miss World Australia in Sydney. She defeated nineteen other finalists to take the prize and will represent Australia at the Miss World event in South Africa.

The entrants were judged based on several categories including best talent, healthy body image, sports and fitness and beauty with a purpose. An aspiring actress, she is completing an acting course and hopes to build a career in film and television. She is also a qualified fitness instructor and has worked as a Kings Cross waitress.

She has been described in the media as having an “amazing figure” and it has been rumoured that she has used this for modelling work. However, Lavers has said that her body has only been modelled for a good cause: “Some do think that, but I have only ever modelled for charity.”

She also doubts much will change for her, at least in the near future. “I’ll still get up and probably have peanut butter on toast for breakfast but after that I’m not sure what’s happening. I guess I won’t be going to work tomorrow.”

She explained that all the girls who entered were dedicated to making a difference. “I just think it’s like having little angels out there through the country helping in all different areas whether it’s with children, or blind people, or the homeless.” Lavers also complained that non-stop smiling for the event has left here mouth sore. “I’m not used to smiling for hours on end.”

Lavers is now set to head to Johannesburg for the December 12 global competition. “I’ve got to get a month of outfits ready and get a talent and another speech and everything. Oh goodness.”

Wednesday, January 27, 2016

On Sunday, Manchester United announced the loan of their Spanish goalkeeper Víctor Valdés to Belgian club Standard Liège for the rest of the season.

Last year, Valdés signed an 18-month contract with the English club, but the three-time UEFA Champions League winner was given very little opportunity at Old Trafford. He made only two appearances for The Reds last season, after David de Gea was injured. Relations between Manchester United manager Louis van Gaal and Valdés were not good. Van Gaal did not pick him for the pre-season tour to the United States, saying Valdés was unwilling to play a game with the under-21 team.

This season, Valdés was not allowed in the locker room, and van Gaal prevented him from training with the main squad and the under-21 team. The official team photograph omitted him.

Valdés was a member of Spain’s squad for the World Cup in 2010 and for Euro 2012, collecting a winner’s medal both times. Per Manchester United’s statement, “Manchester United and Standard Liege have reached agreement for the temporary transfer of goalkeeper Victor Valdes, effective until the end of the current season. The deal is subject to formalities being completed.”

On Instagram, he posted a photo that read “Thank you all for your support during these months of hard work for me, i will never forget! See you soon!”