China
Iran bans cryptocurrency mining for four months
Iran is temporarily banning cryptocurrency mining after some of the country’s major cities experienced repeated blackouts. President Hassan Rouhani said that the ban would last until September 22nd. The country has experienced summer blackouts in years past, and while the current round of outages is mostly being blamed on a drought that’s affecting the country’s ability to generate hydroelectric power, it seems that the Iranian government is eager to cut down on any aggravating factors. Power-hungry cryptocurrency mining operations, for instance. According to the BBC, Iran operates a program where Bitcoin miners must register with with the government, pay extra for electricity, and sell their coins to the central bank. President Rouhani stated that the legal mining operations in the countr...
NetEase’s Cloud Music Streaming Service Files to Go Public in Hong Kong
The timing of the proposal comes at a significant juncture for NetEase, which is expecting its music streaming service to “undergo relatively rapid business expansion” moving forward. Earlier this month, NetEase signed a first-ever digital distribution deal with Sony Music, following a similar deal with Universal Music, expanding its catalog significantly at a time when Tencent, its biggest rival, is facing regulatory scrutiny in China over its market dominance and exclusive deals with artists and labels. Reports suggest that regulators could force TME to offload two of its music streaming services and pay a hefty fine. Tencent’s music services claimed 615 million active users in the first quarter of 2021 and 61 million paying users, according to its financial filings. The NetE...
Belarus’s forced landing of Lithuania-bound Ryanair plane sparks outrage
Belarusian President Alexander Lukashenko ordered a Ryanair flight from Greece to Lithuania to land on Sunday in Minsk, where a Belarusian opposition activist on board was detained, prompting international condemnation. EU member Lithuania urged the European Union and NATO to respond, Germany called for an immediate explanation and Poland’s prime minister called it a “reprehensible act of state terrorism”. The head of the European Commission, Ursula von der Leyen, said Belarus’s action was “utterly unacceptable”. The aircraft, flying from Athens to Vilnius, had almost reached Lithuania when it changed direction and was escorted to Minsk, the Belarusian capital, after reports that it had explosives on board, according to an online flight tracker and BelTA state news agency. Belarusian law e...
21 runners dead as extreme weather hits China ultramarathon
Twenty-one people were killed after hail, freezing rain and high winds hit runners taking part in a 100-kilometre (62-mile) cross-country mountain race in China, state media said Sunday. The extreme weather struck a high-altitude section of the race held in the scenic Yellow River Stone Forest near Baiyin city in northwestern Gansu province Saturday afternoon. Among the dead were elite Chinese long-distance runners, local media reported. Official news agency Xinhua confirmed the death toll had risen to 21, citing the local rescue command headquarters. State broadcaster CCTV also reported the final missing competitor had been found dead. Baiyin city mayor Zhang Xuchen said that at around midday Saturday a section of the rugged ultramarathon course — between kilometres 20 and 31 — was “sudde...
30 most beautiful mountains in the world
The most beautiful mountains in the world have captivated climbers for centuries. Here, we examine their lethal appeal “You are not in the mountains. The mountains are in you,” said John Muir, the renowned naturalist, author and environmental philosopher. If our resident seven-summit hopeful is anything to go by, Muir makes a valid point. Those who spend time in the mountains seem to be driven by a deeper force. These brave men and women will face vertiginous vertical falls, sub-zero temperatures and 8,000m death zones in pursuit of their summit dreams. It’s in ode to them that we present this list. Most beautiful mountains in the world 1. Cuernos del Paine Height: 2,600m (8,530ft) Location: Andes, Chile Emperorcosar/Shutterstock The stunning Cuernos del Paine Los Cuernos del Paine or ‘Pai...
Zimbabwe reports first cases of Indian coronavirus variant
Zimbabwe has detected the first cases of the new coronavirus variant that emerged in India, Vice President Constantino Chiwenga said on Wednesday, adding that all travellers from the Asian nation would be required to undergo mandatory quarantine. Chiwenga, who also doubles as Zimbabwe’s health minister, said in a statement the cases had been detected among a group of people in the central town of Kwekwe after a student returned from India on 29 April. “People travelling from or transiting from India will be subject to mandatory quarantine at a designated quarantine centre and at their own cost,” Chiwenga said. Travellers from India would be subjected to a Covid-19 test on arrival even if they have been tested in their country of origin. Zimbabwe has recorded 38 595 Covid-19 cases and 1 583...
NNPC selects 26 firms to lift Nigeria’s crude oil
The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The crude term contracts, expected to run from 2021 through 2023, would see the firms and the selected nations, which would operate on a Government-to-Government (G2G) basis to purchase the commodity from the national oil company. The deal is coming less than a week after the corporation chose 16 oil and gas consortia for its new crude-for-fuel swap contracts for one year starting in August. The contracts, known as Direct Sale, Direct Purchase (DSDP) are high-stakes agreements used to supply nearly all of Nigeria’s petrol needs as well as cover some of its diesel and jet fuel consumption. However, in the fresh crude oil...
World Bank: Nigeria responsible for over 40 percent diaspora remittances in Sub Saharan Africa
The World Bank says Nigeria is responsible for over 40 percent of diaspora remittances in Sub Saharan Africa (SSA). In a statement on Wednesday, the Washington-based financial institution said remittances to SSA declined by an estimated 12.5 percent in 2020 to $42 billion. The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, “Remittances to Sub-Saharan Africa declined by an estimated 12.5 percent in 2020 to $42 billion,” the statement read. “The decline was almost entirely due to a 27.7 percent decline in remittance flows to Nigeria, which alone accounted for over 40 percent of remittance flows to the region. “Excluding Nigeria, remittance flows to Sub-Saharan African increased by 2.3 percent. “Remittance growth was reported in Zambia (37 percent), ...
Taiwan says China seeking political gain with Honduras vaccine move
Taiwan condemned China on Wednesday for seeking to use vaccines for political gain after Taipei’s diplomatic ally Honduras said it was considering opening an office in China in a bid to acquire much needed COVID-19 shots. Honduras does not have formal relations with China and is one of a group of Latin American nations that have formal diplomatic ties with Taiwan, which Beijing considers part of its territory. Honduran President Juan Orlando Hernandez said that to buy Chinese vaccines, he would do as the Chinese had suggested and look for a “diplomatic bridge”. read more Several Latin American nations are receiving Chinese vaccines, but countries that have built ties with Taipei rather than Beijing, such as Honduras and Guatemala, are not. Taiwan Foreign Ministry spokeswoman Joanne Ou said...
Washington denies Iran state media report saying prisoner swap agreed
The United States on Sunday denied a report by Iran’s state television that the arch-foes had reached a prisoner swap deal in exchange for the release of $7 billion frozen Iranian oil funds under U.S. sanctions in other countries. Iranian state television said on Sunday that Tehran would free four Americans accused of spying in exchange for four Iranians held in the United States and the release of $7 billion in frozen Iranian funds. The U.S. government denied that an exchange was in the works. The state TV, quoting an unnamed Iranian official, also said British-Iranian national Nazanin Zaghari-Ratcliffe would be released once Britain had paid off a debt on military equipment owed to Tehran. A British Foreign Office official played down that report. Iran and world powers are holding talks ...
Southeast Asian leaders discuss Myanmar crisis with junta chief
Southeast Asian leaders began a crisis meeting on Myanmar on Saturday aiming to persuade Senior General Min Aung Hlaing, who led the military takeover that sparked turmoil in his country, to forge a path to end the violence. The gathering of leaders of the Association of Southeast Asian Nations (ASEAN) in Jakarta is the first coordinated international effort to ease the crisis in Myanmar, an impoverished country that neighbours China, India and Thailand. Myanmar is part of the 10-nation ASEAN. With participants attending in person despite the pandemic, Indonesia’s Foreign Minister Retno Marsudi said on Friday that the summit reflected the “deep concern about the situation in Myanmar and ASEAN’s determination to help Myanmar get out of this delicate situation”. It’s unusual for the leader o...
Guinea receives purchase of 300,000 Sinovac coronavirus vaccines
Guinea received on Sunday a shipment of 300,000 Sinovac COVID-19 vaccines purchased from China and is also set to receive a donation of 200,000 Sinopharm shots, Guinean Foreign Minister Ibrahima Khalil Kaba said. Kaba gave no further details on the Sinopharm donation. Guinea is reporting 93 new coronavirus infections on average each day, 59% of the peak in March. There have been 21,460 infections and 138 coronavirus-related deaths reported in the country since the pandemic began. The West African country has administered at least 109,296 doses of COVID vaccines so far, according to government data compiled by Reuters. Assuming every person needs two doses, that’s enough to have vaccinated about 0.4% of the country’s population. The World Health Organization will decide late this month or i...
