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ThursDAY, OCTOBer 7, 2021

7

A group of French senators arrived in Taiwan for a five-day visit Wednesday following a large

Chinese show of force with fighter jets amid the highest tensions in decades between China and

Taiwan.

Photo : AP

Argentine house fire

leaves 7 people dead

BUENOS AIRES : Seven

people, including four minors,

died in a house fire on Tuesday

in the Argentine city of Bahia

Blanca, some 635 km south of

Buenos Aires, police said,

reports UNB.

The fire started in the front

part of the house, located in the

Villa Ressia neighborhood of

the major port city.

"The victims sought refuge

in a back room, but could not

get out because the window

had a grille on it," a local

newspaper reported.

"We responded to a 911 call

about a fire," the head of the

Bahia Blanca Police

Department Gonzalo Bezos

said.

"The first police cars arrived

and immediately realized the

seriousness of the situation

because the kitchen, the dining

room and the bedroom were

all on fire, with people inside

asking for help," said Bezos.

The cause of the fire is still

unknown, and an investigation

is underway.

French senators arrive

in Taiwan amid

tensions with China

TAIPEI : A group of French senators

arrived in Taiwan for a five-day visit

Wednesday following a large Chinese show

of force with fighter jets amid the highest

tensions in decades between China and

Taiwan.

The group, led by Senator Alain Richard,

will meet with President Tsai Ing-wen,

Taiwanese economic and health officials

and the Mainland Affairs Council. Richard,

a former French defense minister,

previously visited Taiwan in 2015 and 2018,

according to Taiwan's semi-official Central

News Agency, and heads the Taiwan

Friendship group in the French senate.

China's ambassador to France Lu Shaye

sent a warning letter in February calling on

Richard to cancel the Taiwan visit,

according to local media reports.

The visit will likely provoke a rebuke from

China, which claims self-ruled Taiwan as its

own territory and therefore opposes any

international engagement with the island

such as visits by foreign government

officials. It also has aggressively poached

Taiwan's remaining diplomatic allies.

In its most recent display of sustained

military harassment, China flew fighter jets

149 times toward Taiwan over four days

from Friday to Monday. The White House

called the flights risky and destabilizing,

while China responded that the U.S. selling

weapons to Taiwan and its ships navigating

the Taiwan Strait were provocative.

Taiwan's defense minister Chiu Kuocheng

told legislators Wednesday that the

situation "is the most severe in the 40 years

since I've enlisted." Chiu was answering

questions as the legislature decides whether

to approve a special budget for air and

naval defense purchases.

China and Taiwan split amid civil war in

1949. Today they have extensive trade and

investment ties but no official relations, and

China has increasingly mobilized military,

diplomatic and economic pressure to

undermine Tsai's independence-leaning

administration.

As Lebanese got poorer, politicians

stowed wealth abroad

BEIRUT : A trove of leaked

documents confirmed that

for years, Lebanon's

politicians and bankers have

stowed wealth in offshore

tax havens and used it to buy

expensive properties - a

galling revelation for masses

of newly impoverished

Lebanese caught in one of

the world's worst economic

meltdowns in decades,

reports UNB.

Some of the newly outed

holders of offshore accounts

belong to the same ruling

elite that is being blamed for

the collapse and for derailing

the lives of ordinary

Lebanese who have lost

access to savings and now

struggle to get fuel,

electricity and medicine.

Bold-faced names in the

leaked documents include

the longtime central bank

governor, a pivotal figure in

the failed policies that

helped trigger the financial

crisis, as well as Prime

Minister Najib Mikati and

his predecessor.

The documents, named

the "Pandora Papers," were

examined by the

International Consortium of

Investigative Journalists,

with the first findings

released Sunday. The ICIJ

report exposes the offshore

secrets of wealthy elites from

more than 200 countries

and territories.

It was based on a review of

nearly 11.9 million records

obtained from 14 firms that

provide services in setting

up offshore firms and shell

companies. Clients of such

firms are often trying to hide

their wealth and financial

activities.

Setting up an offshore

company is not illegal, but

reinforces the perception

that the wealthy and

powerful play by different

rules - a particularly

upsetting notion for many

Lebanese.

The papers show how

members of the political

class were sending wealth

abroad for years, even as

they urged people to deposit

money in Lebanon's banks,

assuring them that it was

safe, said Alia Ibrahim, a

Lebanese journalist.

"We are not talking about

regular citizens," said

Ibrahim, a co-founder of

Daraj, a Beirut-based

independent digital media

platform, and one of scores

of journalists across the

world who worked with ICIJ

on the investigation into the

documents.

"These are politicians who

served in public office for

years, and they are partly

responsible for the current

crisis Lebanon is going

through," she said.

Lebanon is in the midst of

what the World Bank says is

one of the world's worst

economic meltdowns in the

past 150 years. More than

70% of the population has

been thrown into poverty,

their savings nearly wiped

out in the crisis that began in

late 2019 and was in part

caused by decades of

corruption

and

mismanagement by the

political class. Hundreds of

thousands of people staged

nationwide protests against

corruption starting in late

2019. Yet two years later the

same politicians still run the

country in the same way,

protected by the sectarianbased

system. One of the

protesters, Samir Skaff, said

that the Lebanese are not

surprised to be told that the

political class "is made up of

a bunch of thieves."

"We have been saying that

for years," he said.

Offshore companies,

though not illegal, can be

used to elude taxes or hide

illicitly gained money. The

leaks only add further

confirmation to what

Lebanese have long said

about their ruling class -

though repeated reports of

graft or illicit activity in the

past have failed to bring

change. One of the 14 firms

listed by ICIJ as providing

offshore services is Trident

Trust, with 346 Lebanese

clients making up the largest

group, more than double the

second-place country,

Britain. One focus of the

revelations is Riad Salameh,

who has been Lebanon's

central bank governor for

nearly 30 years.

Daraj reported that the

documents showed Salameh

founded a company called

AMANIOR, based in the

British Virgin Islands, in

2007. He is listed as its full

owner and sole director,

which Daraj said appeared

to violate Lebanese laws

forbidding the central

bank governor from

activity in any enterprise.

A trove of leaked documents confirmed that for years, Lebanon's politicians

and bankers have stowed wealth in offshore tax havens and used it to

buy expensive properties - a galling revelation for masses of newly impoverished

Lebanese caught in one of the world's worst economic meltdowns

in decades.

Photo : AP

5.5-magnitude quake

strikes off Japan's

Miyazaki, no tsunami

warning issued

TOKYO : An earthquake

with a magnitude of 5.5 on

Wednesday struck off

Japan's Miyazaki

Prefecture, according to the

Japan Meteorological

Agency (JMA).

The temblor occurred at

around 5:13 p.m. local time

(0813 GMT), with its

epicenter being at a latitude

of 31.3 degrees north and a

longitude of 131.5 degrees

east, and at depth of 40 km.

The quake logged 4 in

some parts of Miyazaki

Prefecture on the Japanese

seismic intensity scale which

peaks at 7. So far no tsunami

warning has been issued.

Zimbabwe tightens

crackdown on

illegal foreign

currency dealers

HARARE : Zimbabwe's

central bank on Tuesday

blacklisted 47 more

individuals for allegedly

advertising and facilitating

illegal foreign exchange

transactions and money

laundering through social

media.

This came after 30

individuals were "blacklisted

and barred from accessing

financial and mobile

telecommunication services

for the same reasons" on

Sept. 28, said John

Mangudya, governor of the

Reserve Bank of Zimbabwe

(RBZ).

The governor thanked the

public for their information

that is helping the RBZ's

Financial Intelligence Unit

(FIU) to identify and take

action against the culprits,

reports UNB.

When the RBZ blacklisted

the 30 individuals, the FIU

instructed banks, mobile

money operators and other

financial service providers to

identify and freeze any

accounts operated by the

identified individuals and

bar them from accessing

financial services for a

period of two years,

Mangudya said.

The FIU had also

requested the Postal and

T e l e c o m m u n i c a t i o n s

Regulatory Authority of

Zimbabwe to bar them from

operating mobile

businesses.

Since then, 14 suspected

illegal foreign currency

dealers have been arrested,

including four company

directors, on charges of

money laundering.

It is reported that the

current rates in Zimbabwe's

black market are more

lucrative than those in the

official banking system.

TAZACORTE : Fleeing their

home after the La Palma

volcano erupted on

September 19, one couple

married nearly 60 years

decided to seek safe haven

aboard their tiny boat until

the storm passed.

When the evacuation

order came, neither

Margaretha Straates, 80,

nor her 90-year-old

husband Luis Rodriguez

Diaz fancied the idea of

staying in temporary

accommodation, reports

UNB.

"It suddenly came to me,

why don't we try the boat?

It's only an old boat, but we

could take a few things and

settle in," Rodriguez Diaz, a

retired gastrointestinal

surgeon, told AFP.

Just 6.4 metres (20 feet)

long, the "Hamurabi" is a

tough little boat that has

only needed one engine

change in 35 years, he says.

But it is big enough for

him and his Dutch wife who

sit with their backs to the

volcano, which keeps up its

endlessly explosive activity.

Together, they pass the

time on the boat's tiny deck

with a radio, her computer

with Wi-Fi, a small fridge

In California, some buy machines

that make water out of air

BENICIA :The machine Ted Bowman

helped design can make water out of the air,

and in parched California, some

homeowners are already buying the pricey

devices, reports UNB.

The air-to-water systems work like air

conditioners by using coils to chill air, then

collect water drops in a basin.

"Our motto is, water from air isn't magic,

it's science, and that's really what we're doing

with these machines," said Ted Bowman,

design engineer at Washington state-based

Tsunami Products. The system is one of

several that have been developed in recent

years to extract water from humidity in the

air. Other inventions include mesh nets,

solar panels and shipping containers that

harvest moisture from the air.

Bowman said his company's machines -

made for use at homes, offices, ranches and

elsewhere - dehumidify the air and in doing

so create water that's filtered to make it

drinkable. The technology works especially

well in foggy areas and depending on the size

On a boat, elderly couple find safe

haven from Canaries volcano

Austria prosecutors raid

offices of ruling party

VIENNA : Austria's ruling People's Party

(OeVP) said it had been targeted by raids

from prosecutors on Wednesday morning,

with local media reporting that offices in the

chancellery were among those searched.

Deputy OeVP general secretary Gaby

Schwarz confirmed the prosecutors' actions

but did not confirm who was being

investigated, saying only that raids were "for

show" and that "accusations were

constructed over events that date back as far

as five years".

According to Die Presse newspaper, raids

also took place in the chancellery and

targeted several employees of OeVP

Chancellor Sebastian Kurz. The newspaper

reported that the raids related to possible

corruption offences in the publication of

adverts and opinion polls in the Oesterreich

daily.

Kurz himself is suspected of being an

can produce between 200 gallons (900

liters) and 1,900 gallons (8,600 liters) of

water a day. The machines also operate

efficiently in any area with high humidity,

including California's coastline, he said.

The machines are not cheap, with prices

ranging from $30,000 to $200,000. Still, in

California, where residents have been asked

to conserve water because one of the worst

droughts in recent history has depleted

reservoirs, some homeowners are buying

them to meet their water needs.

Don Johnson, of Benicia, California, said

he bought the smallest machine, which looks

like a towering AC unit, hoping it would

generate sufficient water to sustain his

garden. But he found it puts out more than

enough for his garden and his household.

"This machine will produce water for a lot

less than you can buy bottled water at Costco

for, and I believe, as time goes on and the

price of freshwater through our utilities

goes up, I think it's going to more than

pay for itself," he said.

The machine Ted Bowman helped design can make water out of the air,

and in parched California, some homeowners are already buying the

pricey devices.

Photo : AP

and an adopted cat they

picked up while fleeing, and

who bolts into the cabin

when visitors arrive.

The space is small and

requires careful navigation,

with Straates often

forgetting to duck her head

to enter the cabin.

"I've banged my head

three times," she says.

The pair are residents of

Todoque, a village almost

totally wiped off the map by

the lava.

When the order came,

they had to leave very

quickly.

"The Guardia Civil police

came and told us: 'You need

to evacuate right now, very

quickly' so we left in what we

were wearing," says

Rodriguez Diaz.

They never thought the

eruption would be so violent

and destructive, lulled into a

false sense of security by the

eruption of La Palma's

Teneguia volcano 50 years

ago "which was a friendly

volcano that didn't do

much damage", says

Straates. Over the past 16

days, the erupting volcano

has destroyed more than

1,000 properties, many of

them homes.

accessory to the offences, it added.

Kurz began his second term as chancellor

in January 2020 at the head of a coalition

with the Green party.

His previous government, a coalition with

the far-right Freedom Party (FPOe), fell

apart spectactularly in May 2019 over the socalled

"Ibiza-gate" corruption scandal.

After ex-FPOe chief Heinz-Christian

Strache was caught on camera appearing to

offer public contracts in exchange for

campaign help for the FPOe, investigators

launched several sprawling investigations

into alleged corruption in Austrian politics.

Some of these have targeted high-ranking

OeVP politicians, such as Finance Minister

Gernot Bluemel.

Kurz himself is under investigation on

suspicion of making false statements to a

parliamentary committee on corruption,

though he has not been charged.

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