Category Archives: headline

US in $115M Gift to Stem El Salvador migration

The United States will grant $115 million in cooperation aid to El Salvador to slow migration from the Central American country, Samantha Power, administrator of the United States Agency for International Development (USAID), said on Monday.

“We can work with local partners in Central America to expand opportunities for youth and help them get away from violence,” Power said at a conference on migration at the Central American University, where she announced the aid initiative.

The money will include $50 million for security, $35 million for programs to counter violence against women and $30 million in job training, Power said.

USAID says it will also contribute $12 million for small and medium-sized businesses in Guatemala, Honduras and El Salvador that were affected by coronavirus-related lockdowns.

The Biden administration has pledged to invest $4 billion to address the root causes of migration from Central America.

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Brazil: Special Force to Potect the Yanomami from Wildcat Gold Miners

 

 

The Brazilian government on Monday authorized the employment of the National Security Force (FNS) to protect the Yanomami indigenous people and their reservation lands for 90 days in the northern state of Roraima bordering Venezuela.

The measure by the Justice Ministry published in the official gazette follows increasing attacks with firearms by illegal wildcat gold miners who have invaded Yanomami lands on Brazil’s largest reservation.

More than 20,000 miners are illegally prospecting on the reservation and polluting rivers with mercury used to separate gold from ore.

Since the beginning of the year, there have been at least eight attacks by miners on Yanomami communities.

Last month, men on a speed boat shot at a village with an automatic weapon. Community leaders said the attack was aimed at intimidating the Yanomami who have tried to block miners coming up the rivers.

Supreme Court Justice Luis Roberto Barroso in May ordered the government of right-wing President Jair Bolsonaro to take immediate steps to protect the Yanomami, but little had been done so far.

The Yanomami are one of Brazil’s most isolated people. An estimated 26,700 live on a reservation larger than Portugal that has been protected by law since 1992, extending from the Amazon jungle to the savannah region of Roraima.

Bolsonaro has criticized Brazil’s 850,000 indigenous people for holding too much land protected against poachers and loggers. He favors allowing commercial agriculture and mining on indigenous land. Congress is considering legislation to allow that to happen.

The FNS is a special federal force made up of members of the military police seconded by Brazil’s states and called on to provided security in exceptional cases.

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Aussie sharemarket breaks all-time high record

The Australian sharemarket has broken new ground, hitting a record high by the close of trade.

The benchmark S&P/ASX 200 closed trading up 0.9 per cent to a new high of 7379.5 points.

It broke Friday's record, which closed at 7312.3 points.

READ MORE: Aussie shares hit fresh 11-month high as dollar, Bitcoin boom

Among the biggest winners of the day was the A2 Milk company (up 5.42 per cent), 4WD accessory company ARB Corporation (up 3.16 per cent) and financial data firm Xero (up 2.86 per cent).

A total of 116 listed companies rose, 11 held flat and 73 recorded a fall in share price.

The local bourse followed a globally positive day of trade overnight.

READ MORE: Aussie stocks shed billions in worst session in four months

In cryptocurrency, Bitcoin is currently worth $52,151.57, and Ethereum is currently worth $3,378.75.

Simon Peters, market analyst at eToro, said much of Bitcoin's value is being driven by Elon Musk tweets.

"Bitcoin surged to its highest level in June on Sunday evening following a tweet from Elon Musk on the cryptoasset's mining process," Mr Peters said.

"Musk's words caused bitcoin to surge, from a trading range of sub $35,000, which it has tread for the past week, to now over $39,000.

"Bitcoin slumped to a low of $31,304 on Tuesday but was already recovering, reaching $35,705 shortly before Musk's latest comment."

Hong Kong leader 'concerned' about Chinese nuclear plant

Hong Kong's leader said her government is “highly concerned” about the situation at a nearby nuclear power plant in mainland China, following media reports the plant could be experiencing a leak.

Still, data from the Hong Kong Observatory and other departments showed as of Monday night the radiation levels in the city were normal, leader Carrie Lam said at a regularly scheduled news conference.

Data from the observatory showed that was still the case on Tuesday.

READ MORE: Chinese cartoon mocking G7 leaders goes viral online

Hong Kong's Chief Executive Carrie Lam.

Ms Lam's comments came a day after the French joint operator of the Taishan Nuclear Power Plant in the city of Guangdong said it was dealing with a “performance issue” at the plant, but that it was operating within safety parameters. The company statement followed media reports that the plant could be experiencing a leak.

The plant is about 135km from Hong Kong, meaning a potential leak could impact the financial hub.

“With regards to foreign media reports about a nuclear plant in Taishan, Guangzhou, the Hong Kong government is highly concerned,” Ms Lam said.

She said the city has systems in place to monitor radiation level and the government will inform the public of any developments. Ms Lam also said that her government will reach out to authorities in Guangdong about the situation.

READ MORE: NATO leaders declare China a global security challenge

One of the sources said, despite the alarming notification from Framatome, the Biden administration believes the facility is not yet at a "crisis level".

The Taishan plant is jointly owned by China Guangdong Nuclear Power Group and French multinational electric utility Électricité de France, the main owner of Framotome, which helps operate the plant.

CNN reported Monday that Framotome had written to the US Department of Energy warning of an “imminent radiological threat” and accusing Chinese authorities of raising acceptable limits for radiation outside the plant to avoid having to shut it down.

CNN said US officials believed the current situation at the plant did not present a severe safety threat.

Électricité de France said in a statement Monday that it had been informed of the increase in concentration of “certain rare gases” in the primary circuit of reactor No. 1 at the Taishan plant.

The issue first emerged when Framatome, a French designer and supplier of nuclear equipment and services that was contracted to help construct and operate the Chinese-French plant, reached out to the US Department of Energy late last month informing them of a potential issue at the Chinese nuclear plant.

The utility also requested that the joint venture company that runs the plant hold a meeting of its board of directors so that management “presents all the data and the necessary decisions.”

Chinese authorities in Beijing and Guangdong did not immediately respond to attempts to seek comment on Monday, a public holiday.

The two reactors at the Taishan plant entered commercial operation in December 2018 and September 2019, the local city government said on its website.

They are the first of a new type called European Pressurized Reactors to become operational in the world.

Construction began earlier on two other EPRs in Finland and France, but they continue to face costly delays.