New Corporate Climate Change Disclosures Proposed by SEC

Companies would be required to disclose the greenhouse gas emissions they produce and how climate risk affects their business under new rules proposed Monday by the Securities and Exchange Commission as part of a drive across the government to address climate change. 

Under the proposals adopted on a 3-1 SEC vote, public companies would have to report on their climate risks, including the costs of moving away from fossil fuels, as well as risks related to the physical impact of storms, drought and higher temperatures caused by global warming. They would be required to lay out their transition plans for managing climate risk, how they intend to meet climate goals and progress made, and the impact of severe weather events on their finances. 

The number of investors seeking more information on risk related to global warming has grown dramatically in recent years. Many companies already provide climate-risk information voluntarily. The idea is that, with uniform required information, investors would be able to compare companies within industries and sectors. 

“Companies and investors alike would benefit from the clear rules of the road” in the proposal, SEC Chairman Gary Gensler said. 

The required disclosures would include greenhouse gas emissions produced by companies directly or indirectly — such as from consumption of the company’s products, vehicles used to transport products, employee business travel and energy used to grow raw materials. 

The SEC issued voluntary guidance in 2010, but this is the first-time mandatory disclosure rules were put forward. The rules were opened to a public comment period of around 60 days and they could be modified before any final adoption. 

Climate activists and investor groups have clamored for mandatory disclosure of information that would be uniformly required of all companies. The advocates estimate that excluding companies’ indirect emissions would leave out some 75% of greenhouse gas emissions. 

“Investors can only assess risks if they know they exist,” Mike Litt, consumer campaigns director of the U.S. Public Interest Research Group, said in a prepared statement. “Americans’ retirement accounts and other savings could be endangered if we don’t acknowledge potential liabilities caused by climate change and take them seriously.” 

“Climate risks and harms are growing across our communities with threats to our economy,” said Rep. Kathy Castor, D-Fla., chair of the House Select Committee on the Climate Crisis. “Investors, pension fund managers and the public need better information about the physical and transition-related risks that climate change poses to hard-earned investments,” 

On the other hand, major business interests and Republican officials — reaching down to the state level — began mobilizing against the climate disclosures long before the SEC unveiled the proposed rules Monday, exposing the sharply divided political dynamic of the climate issue. 

Hester Peirce, the sole Republican among the four SEC commissioners, voted against the proposal. “We cannot make such fundamental changes without harming” companies, investors and the SEC, she said. “The results won’t be reliable, let alone comparable.” 

The SEC action is part of a government-wide effort to identify climate risks, with new regulations planned from various agencies touching on the financial industry, housing and agriculture, among other areas. President Joe Biden issued an executive order last May calling for concrete steps to blunt climate risks, while spurring job creation and helping the U.S. reduce greenhouse gas emissions that contribute to climate change. 

Biden has made slowing climate change a top priority and has set a target to cut U.S. greenhouse gas emissions by as much as 52% below 2005 levels by 2030. He also has said he expects to adopt a clean-energy standard that would make electric power carbon-free by 2035, along with the wider goal of net-zero carbon emissions through the economy by 2050. 

“This is a huge step forward to protect our economy and boost transparency for investors and the public,” White House national climate adviser Gina McCarthy tweeted as the SEC acted. 

The premier business lobby, the U.S. Chamber of Commerce, and the American Petroleum Institute, the oil industry’s top trade group, expressed objections in letters to the SEC last year. 

Frank Macchiarola, senior vice president of policy, economics and regulatory affairs at API, said Monday the group is concerned that the SEC’s proposal could require disclosure of information that isn’t significant for investors’ decisions, “and create confusion for investors and capital markets.” 

“As the (SEC) pursues a final rule, we encourage them to collaborate with our industry and build on private-sector efforts that are already underway to improve consistency and comparability of climate-related reporting,” Macchiarola said in a statement. 

The threat that opponents could take the SEC to court over the regulations has loomed. 

Last June, a group of 16 Republican state attorneys general, led by Patrick Morrisey of West Virginia, raised objections in a letter to SEC Chairman Gensler. “Companies are well positioned to decide whether and how to satisfy the market’s evolving demands, for both customers and investors,” they said. “If the (SEC) were to move forward in this area, however, it would be delving into an inherently political morass for which it is ill-suited.” 

Morrisey previously threatened to sue the SEC over expanded disclosures from companies of environmental, social and governance information. 

 

Threats to Groundwater the Focus of This Year’s World Water Day

Tuesday, March 22, marks the 29th annual World Water Day. This year’s focus is groundwater, which provides freshwater to much of the world. VOA’s Michelle Quinn reports.

Malawi Launches Polio Vaccine for East and Southern Africa Countries  

 

 

Malawi Sunday launched a polio vaccination campaign after the country in February confirmed its first case, 30 years after it eradicated the disease.

UNICEF, the World Health Organization and other partners of the Global Polio Eradication Initiative are leading the campaign, which targets over 20 million children in Malawi, Zambia, Mozambique and Tanzania by July. 

The vaccine rollout comes after it was confirmed last month that a 3-year-old girl was paralyzed by wild poliovirus in Malawi’s capital, Lilongwe.

 

 

Until February, Malawi had last reported a polio case in 1992. The southern African country was declared polio-free in 2005 — 15 years before the whole continent achieved the same status.

UNICEF says over 9 million children are to be vaccinated in the first round of the mass campaign in Tanzania, Zambia, Mozambique and Malawi.

UNICEF said the mass immunization will also target children previously vaccinated.

“We need to vaccinate children who have been vaccinated before because it takes multiple doses of the polio doses to get fully immunized as regards to polio and every additional dose gives children extra protection,” says Rudolf Schwenk, UNICEF’s representative in Malawi. 

Schwenk says if some children are not immunized during the campaign, starting Monday the risk of polio will remain not only in Malawi but in neighboring countries as well.

So far, UNICEF has procured over 36 million doses of polio vaccine for the first two rounds of immunizations of children in Malawi, Mozambique, Tanzania and Zambia.

In Malawi, the U.N. children’s agency is set to administer 6.8 million doses of the polio vaccine to be used in the first two rounds of vaccination in March and April, targeting 2.9 million children.

Three more rounds of vaccination will follow in the coming months, covering a total of more than 20 million children from the targeted four African countries.

However, in Malawi some health experts fear the immunization campaign would meet with vaccine resistance, as has been the case with COVID-19 vaccine in Malawi.

But UNICEF says efforts were made already to increase acceptance and demand for the polio vaccine among parents and communities.

“So we have worked with faith leaders, with high-level government officials, we have spoken to community leaders and with our partners we have done sensitization discussion to help the understand the importance of vaccinating the children,” said Schwenk.

He also says they have distributed information, education and communication materials across Malawi and aired radio messages about the advantages of the polio vaccine.

Dr. Mike Chisema, the manager for the Expanded Program on Immunization in the Ministry of Health in Malawi, told journalists Thursday that the government was ready for the polio vaccination campaign despite shortage of health care workers.

“Issue of human resource remains a challenge,” he said. “It’s not just about this particular program of outbreak response alone. But what is most important to note is that we have the teams that are available; our health surveillance assistants who do this work all the time. But it’s a question of adding the numbers over time. But we will work to manage with available human resource on the ground.”

In a statement released Sunday, UNICEF said in partnership with the World Health Organization they have trained health care workers in all the countries where they are administering the polio vaccine.

In Malawi they have trained 13,500 health workers and volunteers, 34 district health promotion officers. While in Tanzania, Mozambique and Zambia they have trained a combined total of about 3,000 health care workers.

Amid Western Sanctions, India Explores Rupee-Ruble Mechanism for Trade with Russia  

India is considering establishing a payment mechanism in local currencies to allow it to continue trade with Russia, which has been hit with Western sanctions in response to its invasion of Ukraine.

New Delhi is proceeding with purchases of Russian crude at discounted prices despite pressure from the United States.

The state-run Indian Oil Corp. has concluded a deal to buy 3 million barrels of Russian crude, according to local media reports.

Although it has not officially confirmed the deal, India has defended the country’s decision to look at purchasing Russian oil.

“A number of countries are importing energy from Russia, especially in Europe,” Indian External Affairs Ministry spokesman Arindam Bagchi told reporters earlier this week. He said India, which imports most of its oil, is “always exploring all possibilities in global energy markets.”

While the United States has banned Russian oil imports, several European countries, such as Germany, which are dependent on Russian imports of energy, continue to buy it. India, the world’s third-largest oil importer, imports only about 3% of its crude from Russia, but cheap Russian oil could help cushion its economy from spiraling international crude prices.

India will study the impact of Western sanctions against Russia while devising a payment mechanism to settle its trade with Moscow officials say.

“We will await details to examine the impact on our economic exchanges with Russia,” according to Bagchi.

As sanctions limit Russia’s ability to do business in major currencies such as the dollar or the euro, an Indian business body has asked the government to set up a rupee-ruble mechanism to facilitate trade.

“We have proposed that local currency trading may be explored in the given situation. It is one of the plausible options that are on the table,” according to Ajay Sahai, director general of the Federation of Indian Export Organizations. Indian exporters say payments of about $500 million are stuck because Russian buyers cannot pay in foreign exchange.

Work was ongoing to set up a rupee-ruble trade mechanism to be used to pay for oil and other goods, an Indian official, who refused to be identified, has told Reuters.

The trade in local currencies could take place between Russian banks and companies with accounts in Indian state-run banks.

This is not the first time that such a mechanism is being considered — India and the former Soviet Union had a rupee-ruble exchange plan in place during the Cold War to bypass the U.S. dollar.

India has also used a similar program with Iran, under Western sanctions for its nuclear weapons program.

New Delhi has taken a neutral stance on the Russian invasion, calling for a cease-fire and diplomacy to resolve the crisis, but abstaining from condemning Moscow, with which it has longstanding ties.

It has been under pressure from Washington, which has been urging India to the U.S. and other countries’ tough stand on the invasion.

When asked if the U.S. plans to reach out to India for curbs on oil purchases from Russia, White House press secretary Jen Psaki said Friday that Washington has been in touch with Indian leaders but added that countries have different “economic reasoning,” including some in Europe.

“But what we would project or convey to any leader around the world is that the world — the rest of the world is watching where you’re going to stand as it relates to this conflict, whether its support for Russia in any form as they are illegally invading Ukraine,” she told reporters.

New Delhi however has shown no indication that it will weaken trade or strategic ties to Russia — Moscow supplies India with more than 70% of its weapons, which are critical for New Delhi as it faces Chinese troops all along its Himalayan border. During a visit three months ago by Russian President Vladimir Putin to New Delhi, both countries pledged to increase trade in the defense and energy sectors.

Analysts in New Delhi are optimistic that differences over Russia will not harm ties with Washington, which have grown in recent years as both India and the United States look at how to contain a more assertive China.

“It is not as if U.S. and India are on the same page on every issue,” said Sreeram Chaulia, dean of the Jindal School of International Affairs at O.P. Jindal University. Pointing out that India’s focus is primarily Asia and Indo-Pacific region, he said, “We are really fearful of what China could do along our borders and that remains our primary concern. And New Delhi feels that whether or not we take a joint position on Ukraine with the U.S., the Europeans and others, they will still partner with us to counterbalance China.”

That is why India believes that it can navigate its partnerships with both Russia and the United States for the time being, analysts such as Chaulia say.

However, if the war in Ukraine does not wind down and the crisis drags on, he said “then we will have to readjust our position.”

Botswana Drops Vaccine Mandate for Travelers

Botswana will allow unvaccinated travelers into the country, provided they produce a negative COVID-19 test result. That’s a reversal from last month, when the nation started denying entry to travelers who were partially vaccinated or unvaccinated and not willing to get a free shot.

Botswana Ministry of Health spokesperson Christopher Nyanga said in a statement the decision to allow the unvaccinated into the country was meant to ensure smooth entry for travelers.

“I wish to indicate that these changes now allow partially vaccinated or unvaccinated people to enter the country, if they comply with the required testing requirements,” he said. “It is only when one is not fully vaccinated and is also not willing to undergo COVID-19 testing at the port of entry, that they will be charged and fined or taken to a court of law.”

There was confusion over what determined a fully vaccinated person. In Botswana, the vaccine validity period is 180 days, while Europe gives the same vaccines a 270-day validity period.

Nyanga says the vaccine validity discord was taken into consideration when dropping the vaccine mandate.

“Due to discordant periods for taking booster shots between Botswana and other countries, and for purposes of smoothening international travel, the definition of being fully vaccinated in Botswana will no longer include a booster shot,” he said. “Having completed the primary vaccine series will be considered sufficient for one to be allowed entry, without the need to present a negative PCR test result.”

Cindy Kelemi , director of the human rights organization Botswana Network on Ethics, Law and HIV-AIDS, welcomed the government’s move.

“We have always maintained that the response to COVID-19 does not necessarily require for criminalization to be used as a strategy,” she said. “And not allowing entry to those who are not vaccinated is actually a violation of people’s rights. Therefore, it was only reasonable for the government to retract its previous guidelines and remove the barring of people who are not vaccinated, into Botswana.”

Since the introduction of vaccine mandates on Feb. 14, Botswana’s tourism industry says, it has suffered huge losses, with canceled bookings worth $10 million.

A tour guide in the Okavango Delta, Keletso Sedume, said he expects the situation to improve now that COVID-19 entry requirements have been eased.

“It is good news as there was a drop of tourists coming to the delta in the last few weeks,” he said. “We heard it is because some were reluctant to vaccinate and had canceled their bookings. We hope to see them come in now.”

Botswana authorities say they have vaccinated more than 71% of the adult population, which is one of the highest vaccination rates on the continent. 

Hong Kong Leader Says Plans to Review COVID Restrictions on Monday

Hong Kong leader Carrie Lam said on Sunday she plans to review COVID-19 restrictions on Monday, just days after acknowledging that many financial institutions were “losing patience” with coronavirus policies in the financial hub.

The Chinese-ruled city has some of the most stringent COVID-19 rules in the world, with a ban on flights from nine countries including Australia and Britain, and hotel quarantine of up to two weeks for incoming travelers.

The city has also imposed a ban on gatherings of more than two people, while most public venues are closed, including beaches and playgrounds, face masks are compulsory and there is no face-to-face learning for students.

Saturday, authorities reported a three-week low of 16,597 new COVID-19 cases, down from more than 20,000 a day earlier.

The coronavirus outbreak has swept through elderly care homes and paralyzed many parts of the city.

In recent weeks, streets in the heart of Hong Kong’s financial center have been eerily quiet, restaurants and bars shuttered or empty, and supermarket shelves bare as people snapped up groceries amid fears of a city-wide lockdown.

Many businesses across the city have been forced to shut, including gyms, restaurants, and bars, while others say they are living on borrowed time and need restrictions to ease immediately in order to survive.

Hong Kong has seen a net outflow of around 50,000 people so far this month, compared with more than 71,000 in February and nearly 17,000 in December before the fifth wave hit.

While Hong Kong is officially clinging to a “zero-COVD” strategy that aims to curb all outbreaks, recent actions and policy tweaks suggest it is pivoting away from that at a time when most other major global cities are learning to live with the virus.

The official policy mirrors that of mainland China which is also facing a huge challenge as a jump in cases restricts the movement of millions of people and affects some of the country’s industrial hubs.

Microsoft Faces Anti-Competition Complaint in Europe

Three companies have lodged a complaint with the European Commission against Microsoft, accusing the U.S. technology giant of anti-competitive practices in its cloud services, sources told AFP on Saturday, confirming media reports.

Microsoft is “undermining fair competition and limiting the choice of consumers” in the computing cloud services market, said one of the three, French company OVHcloud, in a statement to AFP.

The companies complain that under certain clauses in Microsoft’s licensing contracts for Office 365 services, tariffs are higher when the software is not run on Azure cloud infrastructure, which is owned by the U.S. group.

They also say the user experience is worse and that there are incompatibilities with certain other Microsoft products when not running on Azure. 

In a statement to AFP, Microsoft said, “European cloud service providers have built successful business models on Microsoft software and services” and had many options on how to use that software.

“We continually evaluate how best to support all of our partners and make Microsoft software available to all customers in all environments, including those with other cloud service providers,” it continued.

The complaint, first reported this week by The Wall Street Journal, was lodged last summer with the EU Commission’s competition authority.

Microsoft is also the subject of an earlier 2021 complaint to the European Commission by a different set of companies led by the German Nextcloud.

It denounced the “ever-stronger integration” of Microsoft’s cloud services, which it said complicated the development of competing offers.

Microsoft has already been heavily fined multiple times by Brussels for anti-competitive practices regarding its Internet Explorer browser, Windows operating system and software licensing rules. 

US Adult Smoking Rate Fell During First Year of Pandemic

The first year of the COVID-19 pandemic saw more Americans drinking heavily or using illicit drugs — but apparently not smoking.

U.S. cigarette smoking dropped to a new all-time low in 2020, with 1 in 8 adults saying they were current smokers, according to survey data released Thursday by the Centers for Disease Control and Prevention. Adult e-cigarette use also dropped, the CDC reported.

CDC officials credited public health campaigns and policies for the decline, but outside experts said tobacco company price hikes and pandemic lifestyle changes likely played roles.

“People who were mainly social smokers just didn’t have that going on any more,” said Megan Roberts, an Ohio State University researcher focused on tobacco product use among young adults and adolescents.

What’s more, parents who suddenly were home with their kids full-time may have cut back. And some people may have quit following reports that smokers were more likely to develop severe illness after a coronavirus infection, Roberts added.

The CDC report, based on a survey of more than 31,000 U.S. adults, found that 19% of Americans used at least one tobacco product in 2020, down from about 21% in 2019.

Use of cigars, smokeless tobacco and pipes was flat. Current use of electronic cigarettes dropped to 3.7%, down from 4.5% the year before.

Cigarettes were the most commonly used tobacco product, with 12.5% of adults using them, down from 14%.

Health officials have long considered cigarette smoking — a risk factor for lung cancer, heart disease and stroke — to be the leading cause of preventable death in the United States.

In 1965, 42% of U.S. adults were smokers.

The rate has been gradually dropping for decades for a number of reasons, including taxes and smoking bans in workplaces and restaurants. But a big part of the recent decline has to be recent price hikes, some experts said.

For example, British American Tobacco — the company that makes brands including Camel, Lucky Strike and Newport — increased prices four times in 2020, by a total of about 50 cents a pack.

Interestingly, the number of cigarettes sold in the U.S. actually went up in 2020 — the first such increase in two decades, the Federal Trade Commission reported last year.

It’s possible that fewer people smoked, but those who did were consuming more cigarettes.

“That’s a viable hypothesis — that you had people with more smoking opportunities because they weren’t going to work,” said University of Ottawa’s David Sweanor, a global tobacco policy expert at the University of Ottawa.

It’s also possible that the CDC survey underestimated how many people are smoking, either because some respondents weren’t honest or because the survey missed too many smokers, he said.

Other surveys have suggested that for many people, alcohol consumption and illicit drug use increased in the first year of the pandemic.

‘Dangerous Moment:’ Huge Effort Begins to Curb Polio After Malawi Case

The world is at a ‘dangerous moment’ in the fight against diseases like polio, a senior World Health Organization official said, as efforts begin to immunize 23 million children across five African countries after an outbreak in Malawi.

In February, Malawi declared its first case of wild poliovirus in 30 years, when a 3-year old girl in the Lilongwe district was paralyzed as a result of her infection.

The case raised alarm because Africa was declared free of wild polio in 2020 and there are only two countries in the world where it is endemic: Afghanistan and Pakistan. Pakistan marked a year without cases in January 2022.

“This is a dangerous moment,” Modjirom Ndoutabe, polio coordinator for WHO Africa, told Reuters in a phone interview from Brazzaville, the Republic of Congo.

“Even if there is one country in the world with polio, all the other countries are in big trouble.”

Ndoutabe said the coronavirus pandemic and lockdowns had slowed efforts to vaccinate children against other diseases such as polio, and also hit surveillance.

According to the Gavi vaccine alliance, childhood immunization services in the 68 countries it supports dropped by 4% in 2020, representing 3.1 million more “zero-dose” children likely unprotected from childhood diseases like polio, diphtheria and measles, and 3 million more under-immunized children than in 2019.

“This is a tragedy,” Seth Berkley, chief executive of Gavi, said in an interview with Reuters. “The challenge is getting that back up.”

In Malawi, where polio vaccine coverage is high – above 90% in most districts – rates during the pandemic fell by 2%, according to Janet Kayita, WHO Malawi head. She said the child who was paralyzed had one dose of the polio vaccine at birth, but not the other doses needed for full protection.

Kayita said surveillance had been more significantly impacted. The case is linked to a strain circulating in Pakistan’s Sindh province in 2019, which means it does not impact Africa’s polio-free status. But teams are now scrambling to answer how it arrived in Malawi, and how long it spread undetected.

Polio, a highly infectious disease spread mainly through contamination by fecal matter, used to kill and paralyze thousands of children annually. There is no cure, but vaccination brought the world close to ending the wild form of the disease.

Mass rollout

In a bid to prevent renewed spread in Africa, almost 70,000 vaccinators will go door-to-door in Malawi, Mozambique, Tanzania, Zambia and Zimbabwe, to give all children under 5 the oral polio vaccine in a $15.7 million campaign funded by the Global Polio Eradication Initiative, the WHO said in a statement on Friday.

The first round, beginning Monday, will target more than 9 million children, followed by three further rounds aiming to reach all under-5-year-olds, regardless of their vaccination status, to boost immunity, Kayita said.

Efforts have also been stepped up to track any cases linked to the Malawi outbreak and to monitor transmission in wastewater. So far, no other linked cases have been found.

Vaccine-derived polio, a form of the disease stemming from incomplete vaccination coverage, is more widespread globally, and recent outbreaks have sparked concerns about how the coronavirus pandemic may have hit vaccination coverage.

Israel is battling an outbreak of vaccine-derived polio, its first since the 1980s, after a case was discovered in Jerusalem last week. Almost 12,000 children have since been vaccinated.

Ukraine reported its first vaccine-derived polio case in five years last year, but urgent efforts to curb the outbreak were halted after the Russian invasion on Feb. 24.

Complete vaccination protects against both forms of the disease, and a focus on that will halt both the outbreak in Malawi in months and all forms of polio in Africa by 2023, said Ndoutabe, who described his sorrow when he first heard of the Malawi case setback.

“But we did not stay in this sadness. We had to act quickly,” he said.

3 Russian Cosmonauts Arrive at International Space Station

A trio of Russian cosmonauts arrived at the International Space Station on Friday, the first new faces in space since the start of the Russian war in Ukraine.

Russian space corporation Roscosmos cosmonauts Oleg Artemyev, Denis Matveyev and Sergey Korsakov blasted off successfully from the Russia-leased Baikonur launch facility in Kazakhstan in their Soyuz MS-21 spacecraft at 8:55 p.m. Friday (11:55 a.m. EDT). They smoothly docked at the station just over three hours later, joining two Russians, four Americans and a German on the orbiting outpost.

The blastoff marked the first space crew launch since Russia invaded Ukraine on Feb. 24.

The war has resulted in canceled spacecraft launches and broken contracts. Roscosmos chief Dmitry Rogozin has warned that the U.S. would have to use “broomsticks” to fly into space after Russia said it would stop supplying rocket engines to U.S. companies. Many worry, however, that Rogozin is putting decades of a peaceful off-planet partnership at risk, most notably at the International Space Station.

NASA Administrator Bill Nelson played down Rogozin’s comments, telling The Associated Press: “That’s just Dmitry Rogozin. He spouts off every now and then. But at the end of the day, he’s worked with us,”

“The other people that work in the Russian civilian space program, they’re professional,” Nelson told the AP on Friday. “They don’t miss a beat with us, American astronauts and American mission control. Despite all of that, up in space, we can have a cooperation with our Russian friends, our colleagues.”

NASA astronaut Mark Vande Hei — who on Tuesday broke the U.S. single spaceflight record of 340 days — is due to leave the International Space Station with two Russians aboard a Soyuz capsule for a touchdown in Kazakhstan on March 30.

In April, another three NASA and one Italian astronaut are set to blast off for the space station.

 

Small Businesses in Nigeria Face Downtime Amid Fuel, Electricity Shortages

Weeks of scarce fuel coupled with a failing national electricity grid are hurting countless small businesses across Nigeria. Some businesses have temporarily shut down, while others reduced hours to cope with the energy shortage.

In January, Toochukwu Ohatu started a tailoring business to supplement her laundry business and make some extra cash.

But barely three weeks after she set up, the business was almost grounded by the electricity issues affecting millions of Nigerians. Without power, there’s no way to run a sewing machine.

“It’s just impossible to work and then as a new mom, everything,” she said. “I mean starting my tailoring business in January was a major leap for me and then we’re struck with the fuel scarcity, no power supply.”

The electricity supply was interrupted some two weeks ago when the national power grid malfunctioned due to glitches in the operating system.

Ohatu said she barely has one hour of electricity a day and it’s affecting her productivity and income.

Authorities blame the fuel scarcity on the recall in January of about 170 million liters of tainted fuel imported from Europe. In February, the government announced it has released one billion liters of fuel from the national reserve to normalize distribution.

But amid a worldwide rise in oil and gas prices, the situation has dragged on and is affecting the overall economy.  This week, Nigeria’s Statistics Bureau said the country’s annual inflation rate has increased to 15.7 percent.

“It’s been a tussle, it’s almost becoming a new normal,” said Abuja resident and driver Mohammed Enesi. “Because we’re so resilient, we feel we can adapt.”

Nigeria is Africa’s biggest oil producer but struggles to meet its energy needs.

Only about 47 percent of Nigerians have access to electricity when it is available, according to World Bank estimates. Nigerian authorities in 2020 signed an electricity deal with German counterparts to improve the supply.

But analysts say the energy shortage is impacting citizens negatively.

“Somehow we’ve not been able to get the dynamics right,” said analyst Rotimi Olawale. “To be very fair and honest in the last couple of years we have not witnessed this fuel scarcity that we’re seeing now. The initial explanation they gave to us I don’t think it holds water anymore. It puts a lot of pressure on people.”

This week, Nigeria’s president, Muhammadu Buhari, promised citizens that the fuel and electricity issues will soon be over.

But until the situation improves, millions of people and businesses will continue to suffer.

Hundreds оf Western Businesses Are Leaving Russia, Their Employees in Limbo

Many western companies and brands have temporarily closed their locations in Russia or stopped selling products there. But officials for the some of the companies say they will continue to support their employees. Karina Bafradzhian has the story, narrated by Anna Rice. VOA footage by Artyom Kohkan.

WHO Chief: Health ‘Not A Cost, But an Investment’

As COVID-19 infection and death rates begin to increase in some countries that have begun to relax their COVID-related restrictions, the director-general of the World Health Organization issued a reminder of what the pandemic has taught the world so far.

Speaking Thursday at the Thailand International Health Expo, Tedros Adhanom Ghebreyesus said, “The COVID-19 pandemic is a powerful demonstration that health is not a luxury, but a human right; not a cost, but an investment; not simply an outcome of development, but the foundation of social, economic and political stability and security.”

Tedros called on “all countries, manufacturers and partners to work with” the United Nations agency “on enhancing vaccine manufacturing, knowledge sharing and technology transfer.”

And the WHO leader said that “Although several countries have lifted restrictions, the pandemic is far from over – and it will not be over anywhere until it’s over everywhere.”

Meanwhile, according to China’s official Xinhua news agency, President Xi Jinping has urged the Politburo Standing Committee, the top leadership of the Chinese Communist Party to, “Strive to achieve the greatest prevention and control effect with the smallest cost and minimize the impact of the pandemic on economic and social development.”

China is currently experiencing its biggest wave of COVID-19 infections since the outbreak in Wuhan, where the pandemic is reported to have begun in late 2019.

The Johns Hopkins Coronavirus Resource Center reported early Friday that there are more than 465 million global COVID cases and more than 6 million global COVID deaths.

Johns Hopkins said that nearly 11 billion vaccine doses have been administered.   

Republicans Revive Anti-Vax, Pro-Ivermectin Measure in Kansas

Conservative Republican lawmakers on Thursday revived a proposal to weaken Kansas’ vaccination requirements for children enrolling in school and day care and to make it easier for people to get potentially dangerous treatments for COVID-19.

The Senate health committee approved a bill that would allow parents to get a no-questions-asked religious exemption from requirements to vaccinate their children against more than a dozen diseases, including measles, whooping cough, polio and chickenpox.

The measure also would limit pharmacists’ ability to refuse to fill prescriptions for the anti-worm treatment ivermectin and other drugs for off-label uses as COVID-19 treatments.

The bill goes next to the full Senate for debate. The Republican majority there also is considering a proposal to greatly limit the power of the state’s public health administrator to deal with infectious diseases and another to ban all mask mandates during future pandemics.

“When you put them all together, it’s a lot of negative bills,” said Democratic Sen. Cindy Holscher, of Overland Park.

The measure approved Thursday would require schools to grant an exemption to parents who say vaccinations violate their religious or strongly held moral or ethical beliefs without investigating those beliefs.

A law enacted in November granted a similar, broad exemption to workers seeking to avoid COVID-19 vaccine mandates.

“It allows the day care-aged kids’ parents and school-aged kids’ parents to enjoy the same freedom of religion that everyone else would,” said Sen. Mark Steffen, a Hutchinson Republican.

But Sen. Kristen O’Shea, of Topeka, broke with fellow Republicans in opposing the measure and noted Thursday that the committee didn’t have a hearing on weakening childhood vaccination requirements.

She said during a meeting earlier this month: “It’s really scary to think that we’re in a society that’s going to bring back measles and polio and whooping cough, et cetera.”

The committee approved a version of the bill early last month, but it became tangled in a dispute over congressional redistricting that involved Steffen. Senate President Ty Masterson, an Andover Republican, sent it back to the committee for what a spokesperson called “some tweaks.”

The measure also is shadowed by a state medical board investigation of Steffen, an anesthesiologist and pain-management specialist from Hutchinson. While Steffen disclosed the investigation and acknowledged trying to prescribe ivermectin, he has said the probe deals with his public statements about COVID-19 and not patient care.

Steffen pushed the previous version of the bill, which would have required pharmacists to fill all prescriptions of drugs for off-label uses in treating COVID-19. Kansas law allows pharmacists not to fill prescriptions they deem inappropriate or potentially harmful.

The U.S. Food and Drug Administration has approved ivermectin to treat infections of lice, roundworms and other tiny parasites in humans. The FDA has tried to debunk claims that animal-strength versions of the drug can help fight COVID-19, warning that large doses can cause nausea, vomiting, diarrhea, seizures, delirium and even death.

The new version of the bill says pharmacists still can refuse to fill drugs for off-label COVID-19 treatments, unless they object only because it’s for treating the novel coronavirus.

The measure prohibits the state medical board from disciplining doctors over such prescriptions, but the committee dropped a provision that would have made that ban apply at the start of the coronavirus pandemic in March 2020.

Steffen said Thursday that he believes doctors who prescribe ivermectin and other drugs to treat COVID-19 can show that they’re doing what other reasonable physicians would do in similar circumstances. That’s the standard the state medical board uses to determine whether a doctor is providing adequate care.

Moderna Seeks FDA Authorization for Second COVID Booster for All Adults

Moderna Inc sought emergency use authorization with U.S. health regulators for a second COVID-19 booster shot late Thursday, as a surge in cases in some parts of the world fuels fears of another wave of the pandemic.

The U.S. biotechnology company said its request covered all adults over the age of 18 so that the appropriate use of an additional booster dose of its vaccine, including for those at higher risk of COVID-19 due to age or comorbidities, could be determined by the U.S. Centers for Disease Control and Prevention (CDC) and health care providers.

Moderna’s request is significantly broader than Pfizer Inc and its German partner BioNTech SE’s application that was filed earlier this week with U.S. regulators for a second booster shot for people aged 65 and older.

Moderna, without specifically commenting on the effectiveness of a fourth shot, said its submission was partly based on data recently published in the United States and Israel following the emergence of the omicron variant.

FDA did not immediately respond to a Reuters request for comment.

U.S. health officials, including top infectious disease expert Dr. Anthony Fauci, have raised the prospect of a fourth shot, especially for older people and to prepare for the possibility of another surge in cases.

CDC data has shown that vaccine efficacy wanes over time and a third shot helps restore it. It, however, has not released comprehensive data based on age or health status to back the case.

The news was first reported by The New York Times.

While COVID-19 cases are falling in the United States and much of the world, infections are rising in China. In the UK and Europe, there has been a reversal in the downward trend of COVID cases as economies have opened up and a second variant of  omicron circulates.

NASA’s James Webb Space Telescope Snaps Galactic Photobomb 

NASA’s new eye in the sky snapped a pic of a star and its ancient galactic buddies.  Plus, a spacewalk amid another week of heightened global tensions, and rolling out the next lunar rover.  VOA’s Arash Arabasadi brings us The Week in Space.

Ukraine War Profits Fuel Unease in Norway

One man’s loss may be another’s unfortunate gain, and the Ukraine conflict is proving a boon to some energy-producing nations as oil prices soar.

The war has given an unexpected boost to Norway’s oil revenues and now the country, concerned it will be seen as a war profiteer, is mulling what to do with its sudden windfall.

Fueled by the sanctions imposed on Russia after its invasion of Ukraine, the surge in oil and natural gas prices could see Norway racking up almost $170 billion in extra oil and gas revenue this year, according to Nordea bank.

Western Europe’s biggest oil and gas exporter and one of the richest countries in the world, Norway could pocket nearly $5,680 more than expected every second of the day without lifting a finger.

But the boon is giving it a guilty conscience.

“There are times when it’s not fun to make money, and this is one of them, given the situation,” said Petroleum and Energy Minister Terje Aasland in an interview with television channel TV2.

Most of Norway’s oil revenue ends up in the state’s coffers, through taxes, dividends and direct holdings in oil and gas fields, which it then places in its sovereign wealth fund, already the world’s biggest.

The fund has suffered from the global stock market falls in recent weeks but is still worth around $227,000 for each of Norway’s 5.4 million inhabitants.

“Norway cannot escape the unpleasant fact: This is a form of war profit,” the daily Dagbladet wrote in an editorial.

“While Ukraine is being destroyed, and most other countries are mainly feeling the negative effects of the war, such as higher energy prices, higher food prices and general inflation, we are making a gain,” it said.

“This must be reflected in the way we think about the use of money,” it added.

Multiuse Marshall Plan?

Many want to see a redistribution of all or part of the war gains.

Norway’s Green Party has called for the billions of additional petrodollars to be placed in a solidarity fund to be used as a sort of Marshall Plan for various needs.

It could be used to finance both humanitarian aid and the reconstruction of Ukraine, help Europe reduce its dependence on Russian gas and help the poorest countries counter soaring costs for energy and food, the party suggested.

“The extra oil revenue from the war should go to Ukraine, not us,” it said.

The center-left government has so far pledged up to $227 million in humanitarian aid to Ukraine.

‘Display leadership’

Prime Minister Jonas Gahr Store has insisted that Norway can help most by supplying as much gas as possible to Europe to help reduce its dependency on Russia.

Norway covers between 20% and 25% of the European Union’s and Britain’s needs via a vast network of gas pipelines, compared with between 45% and 50% for Russia.

European Climate Pact ambassador Paal Frisvold meanwhile suggested that Norway should forgo the profits and cap the price of gas sold to European countries, which are just emerging from the pandemic, some with heavy debts.

“Our profits are the invoices of others,” he told AFP.

“The most important thing is to show solidarity, to display leadership at a historic moment. My kids are going to ask me, ‘Dad, what did Norway do during the Ukraine war?’ I don’t want to tell them that we made a killing,” he said.

Norway’s government, which is currently drawing up its spring budget, said there was currently no plan for such a cap.

Fewer Americans Filed for Jobless Claims Last Week 

Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound.

Jobless claims fell by 15,000 to 214,000 for the week ending March 12, down from the previous week’s 229,000, the Labor Department reported Thursday. First-time applications for jobless aid generally track the pace of layoffs.

The four-week average for claims, which compensates for weekly volatility, fell to 223,000 from the previous week’s 231,750.

In total, 1,419,000 Americans — a 50-year low — were collecting jobless aid the week that ended March 5, down 71,000 from the week before that.

Earlier this month, the government reported that employers added a robust 678,000 jobs in February, the largest monthly total since July. The unemployment rate dropped to 3.8%, from 4% in January, extending a sharp decline in joblessness to its lowest level since before the pandemic erupted two years ago.

U.S. businesses posted a near-record level of open jobs in January — 11.3 million — a trend has helped pad workers’ pay and added to inflationary pressures.

The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling up to six additional rate hikes this year.

The Fed’s quarter-point hike in its key rate, which it had pinned near zero since the pandemic recession struck two years ago, marks the start of its effort to curb the high inflation that followed the recovery from the recession. The rate hikes will eventually mean higher loan rates for many consumers and businesses.

The central bank’s policymakers expect inflation to remain elevated, ending 2022 at 4.3%, according to quarterly projections they released Wednesday.

Last week, the government reported that consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982.

 

WHO Says Africa Faces Rising Substance Abuse Post-COVID

African health groups have warned that the COVID pandemic has led to a rise in drug and alcohol abuse on the continent, but a gap in data is making it hard to monitor. In South Africa, a Soweto-based nonprofit is scrambling to help youth to stay clean and sober.

Substance abuse — particularly alcohol consumption — has been on the rise in Africa for years, according to the World Health Organization.

The coronavirus pandemic that resulted in job losses and school closures has now amplified the problem.

The Ikageng children’s charity in Soweto says as many as 10 young people contact them daily suffering from addiction. Lydia Motloung, the acting program manager says that “during the lockdowns, they used to go and drink and some they were left in the houses alone, the parents are at work. And they start having the house parties and introduced to the alcohol, end up into crystal meth, which is very common around here, especially with schoolchildren.”

While Ikageng monitors the rise of addiction in the young people they’re helping, Motloung says national statistics on drug and alcohol abuse are sorely lacking.

“We normally get the statistics for COVID, you get the statistics for HIV, but we will never had any statistics for drugs and substance. I think if we can have that plan, the government can have that plan. … And then start funding the organization that are working with drugs and substance so that they fight it as they’re fighting for HIV and AIDS as they’re fighting for COVID,” she noted.

It’s not just South Africa that is lacking data on substance abuse, but the continent as a whole.

Florence Baingana is the African regional advisor on substance abuse for the World Health Organization.

“We may not count the exact numbers in each and every country. We know we have a problem. We also know that the services are inadequate, that one we know for a fact. Very often the alcohol treatment centers in the government facilities are underfunded. But I think if we were to begin by investing resources into building up the services, then we would be able to collect the data,” Baingana expressed.

She says investing in prevention would also be beneficial and less costly than treating addiction later on.

Ikageng’s caregivers like Nomali Monareng look for warning signs among the children they support.

She knows them first-hand, having struggled with addiction herself.

“Sometimes we need to start with parents. Most of children don’t, you don’t know how to talk about their feelings, don’t know how to express. Children need to be, to be taking care in all of their life, in all areas, like talking, having the conversation, even if it’s deep, even if it’s uncomfortable, you need to give the child a chance to talk,” she pointed out.

For those looking to get clean, the organization refers them to support groups that help people transition in and out of rehab.

They’re trying to offer skills training as well, so recoverees can find jobs and a purpose.

Vusi Nzimande is a project manager for the support program called Still We Rise.

“Where you find people idling, they don’t do nothing with their lives. That’s one of those things that causes us because of the mind is playing around. You started thinking too much. You don’t have a job; you don’t have anything to do. And then suddenly you see yourself going back to your old ways,” Nzimande said.

For the young people he’s helped, getting clean has been the first step. But experts say they’ll need opportunities and jobs to give them hope and keep them out of trouble in the long run.

Reports of Fake Banknotes Rise Amid Economic Turmoil in Myanmar

Reports of counterfeit banknotes circulating in Myanmar have skyrocketed in recent weeks amid the junta’s mismanagement of the economy, but experts say the military regime is ill-equipped to address the problem because officials “only know how to give orders” but not implement them.

Since February, a growing number of posts have appeared on social media allegedly documenting fake high-denomination bills involved in public cash transactions, while offers for counterfeit kyats are commonly advertised online or papered on walls at bus terminals in cities and towns across the country.

Earlier this week, Facebook user “Rose Angle” posted a video in which he complained about a growing number of fake kyats and provided a demonstration of how the dye could be washed off one he claimed to have obtained simply by holding it under a running faucet. The post received several responses by users who included photos of what they claimed were counterfeit bills they had received in cash transactions.

RFA’s Myanmar Service spoke with sources in the business and banking communities, as well as other members of the public, who said they had personally dealt with fake currency and described the problem as increasingly severe.

A salesperson based in the seat of Bago region’s Pyay township told RFA that he was recently made to cover his company’s loss after he accepted counterfeit banknotes in one cash transaction.

“We didn’t realize it at first, but when we brought the notes to the bank, they determined that some of them were counterfeits,” he said, speaking on condition of anonymity.

“When such fake notes are discovered, we must pay from our own pockets and it’s not easy to do that when there are two or three 10,000-kyat counterfeit notes. It hurts a lot. Thirty thousand kyats [$17] is a lot for us.”

The salesperson said a similar incident occurred in mid-February and that he had discovered counterfeit currency twice that month. He now regularly examines the watermarks and thickness of all bills during cash transactions but noted that spotting fakes is difficult for average people who lack the tools to detect them.

Soe Tun, a businessman in the commercial capital Yangon, told RFA he had been forced to obtain a counterfeit bill detector because of the increase in fake bills in circulation.

“We have to be very careful these days as counterfeits are now more common than ever before,” he said, suggesting the problem had worsened since the junta seized power in a Feb. 1, 2021, coup, sending the economy into a freefall.

“For money changers, there are machines to detect these counterfeit notes, but they aren’t accessible to ordinary people. Otherwise, your best option is to deal with payments through bank accounts, particularly if there is a large amount of money involved.”

Other sources noted a proliferation of advertisements in recent weeks offering 1 million kyats [$560] worth of counterfeit bills for as little as 100,000 kyats [$56], which they said had exacerbated the problem.

Investigation under way

Aung Kyaw Than, the junta’s director general of the Central Bank’s financial management department, told RFA that efforts are being made to crack down on the sale of counterfeit notes online.

But he said that reports of such services are overblown.

“These are likely rumors, as I haven’t seen such sales being made,” he said, adding that the junta’s Ministry of Home Affairs “is investigating the matter to take proper action.”

Junta Deputy Information Minister Zaw Min Tun outright dismissed concerns over the reports of counterfeiting.

“We have discovered some counterfeit notes, but it wasn’t a lot,” he said, adding that the fakes “were not of high quality.”

“We’re also watching what’s happening on social media and trying to find out the source of the reports. We have found that [offers of counterfeit bills] weren’t being acted on. I just want to say that there’s no need to worry about this problem.”

The junta comments follow media reports citing an official announcement in January which said a police raid on counterfeit bill producers in Karen state’s Myawaddy township had nabbed more than 1,700 fake 10,000-kyat denomination bills along with uncut sheets of paper used to print currency.

Economist Zaw Pe Win said the problem will continue if the junta fails to put systematic controls in place.

“The problem with the military is that it only knows how to give orders, but it offers no systematic or technical policy for how to implement them. The junta just tries to fix problems however it sees fit,” he said.

“If the military doesn’t change that approach, things won’t get any better. Criminals will produce counterfeits, if given a chance, and they will be distributed to the public. Unless the junta can find an effective way to stop this, the situation will become worse.”

Zaw Pe Win said that the junta’s violent repression of anti-coup protests had destroyed investor confidence in Myanmar and the resulting economic turmoil, but ordinary people are the ones suffering the consequences.

He said the military must normalize foreign trade relations and provide stability if it hopes to repair the economy but has so far been unable or unwilling to do so.

Meanwhile, the proliferation of counterfeit notes has only added to the anxiety of a population already grappling with a rapidly depreciating kyat, rising commodity prices, and worsening food shortages in the wake of the coup.