Home Blog Page 5640

Olympics official slams critics of Peng Shuai call as ‘silly’

LONG-TIME International Olympic Committee (IOC) member Dick Pound has dismissed claims the organization vouched for the safety of Chinese tennis star Peng Shuai to avoid angering Beijing and credited it with getting in touch with her when others couldn’t.

“Frankly, I think that’s a little silly and it’s not supported by the evidence,” Pound told Bloomberg TV on Tuesday.

“All kinds of people were trying to get in touch with her to make sure that she was alive and healthy and not in captivity,” he added. “The only organization in the world that’s been able to establish that is the IOC. I thought it was a very good start and everyone should be reassured she’s fine.”

Peng disappeared from the public eye earlier this month after posting a 1,500-character essay on her verified Weibo account that alleged a decade-long sexual affair with retired senior Chinese official Zhang Gaoli. That essay was immediately removed from the internet and attempts by the media and the Women’s Tennis Association (WTA) to contact her were unsuccessful.

After tennis greats including Serena Williams and Novak Djokovic joined the growing chorus of international figures demanding to know Peng’s whereabouts, Chinese state media posted to Twitter a series of videos and pictures of Peng at home, out with friends and at a tennis event.

Those clips prompted more questions about Peng’s well-being because no one outside China had been able to contact her. The tennis player, who once won the French Open and Wimbledon as part of a doubles team, then held a 30-minute call with the IOC, assuring its President Thomas Bach she was safe.

Still, the IOC — which has hundreds of millions dollars at stake in the Beijing Winter Games starting in February — didn’t address key concerns about Peng, including why others can’t get in touch with her and why she hasn’t posted to her verified Weibo account.

Human Rights Watch was critical of the IOC’s call with Peng. “The IOC appears to prize its relationship with a major human rights violator over the rights and safety of Olympic athletes,” said Yaqiu Wang, senior China researcher at the organization.

Pound said on Tuesday that Bach would likely have lunch with Peng in January when he arrived in Beijing before the games, a meeting that was suggested during the earlier video call.

“This was the beginning of what is probably an ongoing dialog about the revelations that she published and that were taken down,” Pound said. — Bloomberg

Tiger Woods hopes to return to golf, won’t be full-time

TIGER Woods spoke in-depth about his future in golf for the first time since a single-car accident in February resulted in injuries to his right leg and foot.

Woods said on Monday during an interview with Golf Digest that he is accepting the “unfortunate reality” that he will no longer be a full-time player on the Professional Golfers’ Association (PGA) Tour.

“I think something that is realistic is playing the Tour one day — never full-time ever again — but pick and choose, just like Mr. (Ben) Hogan did,” Woods said.

“Pick and choose a few events a year and you play around that. “You practice around that, and you gear yourself up for that. I think that’s how I’m going to have to play it from now on. It’s an unfortunate reality, but it’s my reality. And I understand it, and I accept it.”

Woods has not played since the Feb. 23 crash in Southern California, which he said left him wondering if he’d need the leg amputated.

“There was a point in time when — I wouldn’t say it was 50/50, but it was damn near there if I was going to walk out of that hospital with one leg,” Woods said.

The 14-time major champion fought through several injuries during his heyday and needed time to recover from four back surgeries he underwent between 2014 and 2017.

His most recent major title was the 2019 Masters, which marked his first in 11 years. Woods recently posted a video of himself hitting a ball on a driving range with the caption, “Making progress.” — Reuters

Djokovic likely to skip Australian Open over vaccine mandate, says father

NOVAK DJOKOVIC — CARINE06

NOVAK Djokovic is unlikely to play at the Australian Open if rules on coronavirus disease 2019 (COVID-19) vaccinations are not relaxed, said the world number one’s father, Srđan Đoković.

Organizers of the year’s first Grand Slam have said that all players will have to be vaccinated to take part. Djokovic has so far declined to disclose whether he is vaccinated and his father told Serbia’s TV Prva that governing body Tennis Australia’s stance on players being vaccinated was tantamount to “blackmail.”

“As far as vaccines and non-vaccines are concerned, it is the personal right of each of us whether we will be vaccinated or not. No one has the right to enter into our intimacy,” news website B92 quoted Srdjan as saying. “Under these blackmails and conditions, (Djokovic) probably won’t (play). I wouldn’t do that. And he’s my son, so you decide for yourself.”

Djokovic has won nine Grand Slam titles at Melbourne Park, including this year’s tournament, and shares the record of 20 men’s Grand Slam titles with Roger Federer and Rafa Nadal. Nadal has confirmed he will play at Melbourne Park in January but Federer will miss the tournament as he recovers from another knee surgery.

The Australian Open begins on Jan. 17. — Reuters

FIFA to trial semi-automated offside technology at Arab Cup

WORLD soccer’s governing body International Federation of Association Football (FIFA) will test its semi-automated offside technology at the Arab Cup 2021 which begins in Qatar on Tuesday, with Chief Refereeing Officer Pierluigi Collina saying the competition represented its most important trial so far.

The technology is based on limb tracking and provides the Video Assistant Referee (VAR) with information before the on-field official takes a final call.

“We’ll have a camera setup installed under the roof of each stadium,” FIFA’s Football Technology and Innovation Director Johannes Holzmueller said in a statement on Monday.

“The limb-tracking data extracted from the video will be sent to the operations rooms and the calculated offside line and detected kick-point is provided to the replay operator in almost real time.

“The replay operator then has the opportunity to show it immediately to the VAR. At the FIFA Arab Cup, the assistant VAR at a dedicated offside station can immediately validate and confirm the information.”

FIFA’s Chief of Global Football Development Arsene Wenger said in April that he hoped the organization would be ready to implement the technology at next year’s World Cup in Qatar.

In March, former Netherlands forward Marco van Basten called on football’s lawmakers to consider scrapping the offside rule, saying that the sport would be better off without it.

The game has seen several contentious offside calls since the introduction of the VAR, with growing concern about the time taken and the precision with which offsides are judged.

“Technology is very important and useful in both the pre-match preparation and the decision making process during matches,” Collina said.

“In an offside incident, the decision is made after having analyzed not only the players’ position, but also their involvement in the move.

“Technology — today or tomorrow — can draw a line but the assessment of an interference with play or with an opponent remains in the referee’s hands.” — Reuters

Kemba Walker drops out of the NY rotation

There was once a time when Kemba Walker took the National Basketball Association by storm. He was drafted ninth overall in 2011 after being named the NCAA Tournament’s Most Outstanding Player in leading the Huskies to the championship. He then headlined the Bobcats/Hornets at the Spectrum Center (née Time Warner Cable Arena) prior to being a starter for the Celtics the last two years. For all his supposed limitations as a six-foot guard in a tall man’s game, he managed to snag four straight All-Star selections — as clear a reflection as any of his value in the league.

Unfortunately, the injury bug limited Walker’s appearances in green and white, and his inability to take to the court with consistency prompted former Celtics head coach and new president of hoops operations Brad Stevens to deal him to the Thunder. He then secured a buyout to sign with his hometown Knicks, hoping to jumpstart his career and reclaim his place as a member of the NBA elite. And for a while there, it seemed as if he was well on his way to meeting his objective. Until, that is, he hit a wall. Not only did he not sustain his hot start; he suffered from a lingering swoon that had bench tactician Tom Thibodeau limiting his minutes and sitting him in the crunch.

Now, Walker has been told that he will not have any spot at all in the rotation. It’s a huge blow for the 31-year-old Bronx native invariably described as an outstanding teammate. No doubt, his consummate professionalism and dedication to his craft will keep his head above water and prepped for the time when his number will be called anew. He understands that his demotion wasn’t just a product of whim or fancy. Advanced statistics had him pegged as the Knicks’ sieve on defense; his on and off numbers were simply so disparate that even Thibodeau, long noted for favoring veterans, could not ignore the truth.

It’s a hard fall for Walker, but one that he sees as yet another challenge to meet. League annals are replete with examples of former marquee names compelled to ride the pine in the face of diminishing returns. Not coincidentally, he need only look across town to find an erstwhile star likewise relegated to the bench; while he may not have had the highs experienced by the Nets’ Blake Griffin, he shares in the lows and finds strength therefrom. It won’t break him in any case, but knowing that he’s not alone, and that readiness reaps rewards, should keep him focused. In the final analysis, he’s only as bad as he thinks, and as good as he believes.

 

Anthony L. Cuaycong has been writing Courtside since BusinessWorld introduced a Sports section in 1994. He is a consultant on strategic planning, operations and Human Resources management, corporate communications, and business development.

Singapore’s long-awaited opening flops

REUTERS

EVEN before the new Omicron variant forced the delay of several vaccinated travel lanes, Singapore’s grand reopening was off to a slow start.

Despite the social media hype and initial bookings rush, the number of people actually traveling using the city-state’s quarantine-free travel lanes is surprisingly few, according to Bloomberg calculations based on Civil Aviation Authority of Singapore data.

Some 20,510 travelers received approval to enter Singapore since the first travel lanes kicked off in early September through Nov. 26, just 12.5% of the around 164,500 people theoretically allowed in under the nation’s daily quotas. Including Singapore citizens, permanent residents and children aged 12 and below who don’t need to apply for re-entry approval, that figure rises to 37,001, still only 22.5% of the total possible.

While Omicron will start to be reflected in carriers’ schedules in coming days, Singapore’s recovery already ranked the slowest among major countries in the Asia-Pacific region, OAG data show.

A spokesperson from the Ministry of Transport didn’t immediately respond to a request for comment.

While no-one expected the floodgates to open right away and the daily quotas put a natural cap on visitors, the numbers coming in on the vaccinated travel lanes average out to less than 500 people a day, a far cry from the more than 181,600 travelers who used to stream through Changi Airport 365 days a year pre-COVID. 

“The numbers aren’t all that fantastic,” said Mohshin Aziz, director of the Pangolin Aviation Recovery Fund, which invests in aviation-related businesses. “The first to travel will be those who need to see family or who are going borderline insane with the travel curbs. But after that, reality will sink in very quickly” considering the high cost of air tickets and Covid tests. Omicron “creates an additional layer of anxiety,” he said.

It’s not just the expense of travel during a pandemic — rapid result COVID tests at some airports in Europe run to almost 300 euro ($315) a pop — but the uncertainty of travel that’s putting people off. Even before Omicron blasted onto the front pages, Covid cases were rising at an alarming rate in Europe, sparking fresh lockdowns in parts of the continent. One of the earliest places that Singapore announced a vaccinated travel lane with was Germany, where new infections have been hitting records.

In Europe, Singapore also has vaccinated travel lanes with the UK, Italy, the Netherlands, Spain, Denmark and France. Freezing weather — Arctic blasts have left parts of the U.K. without power — and a winter ski season under threat from potential lockdowns for a second year has made the prospect of flying 12 hours across the globe only to be hit with frigid temperatures and lifestyle curbs less appealing.

The risk of travel in a pandemic was only reinforced by the emergence of the new variant, which triggered a cascade of various travel curbs — even though its severity is yet to be determined. By Monday, several countries had started to raise their drawbridges, with Israel and Japan banning foreigners and others limiting entry to travelers from parts of southern Africa, where the new strain was first identified.

The number of airline seats offered on flights from Singapore, which doesn’t have a domestic market, was about 22% of pre-Covid levels for the week of Nov. 22, the OAG data show. Singapore Airlines Ltd. said earlier this month it expects to be at just 43% of pre-Covid capacity by the end of December.

And while capacity on flights to Australia picked up in the weeks after two-way quarantine-free travel was allowed, it’s still well under half of what it was pre-pandemic.

SLOW CLIMB
Some of the same factors that are keeping people in Singapore from rushing toward the departure gates are holding back would-be visitors to the city-state, too.

The cost of vaccinated travel lane flights, the price of Covid tests and the restrictions on daily life after arrival are putting many people off coming to the island nation, Hannah Pearson, the Kuala Lumpur-based director of tourism consultancy Pear Anderson, said. Most visitors to Singapore on vaccinated travel lane flights must take a Covid test upon arrival at the airport for around S$160 ($117).

“What happens if you’re a family of six? You can’t eat out. What are you going to do? You’re still not getting this full travel experience,” she said, referencing the fact that local rules in Singapore currently restrict dining to groups of five.

Singapore, where you can drive the length of the island in under two hours, also typically isn’t a place where travelers spend much time, she said. Many tourists use the nation as a transit destination en route to Europe or Australia, often never leaving the airport.

“If you’re going to all that trouble to go to Singapore, to go anywhere really, you want to stay more than a few days,” Anderson said. “The long-haul market would probably use Singapore as a hub” however the more countries you visit, “the more border restrictions you’re going to bump into,” she said.

Even travel within Asia using Singapore’s vaccinated travel lanes, which now extend to Malaysia and will soon encompass Sri Lanka, Thailand and Cambodia, isn’t cheap.

Mr. Mohshin, who was on one of the first vaccinated travel lane flights to Kuala Lumpur on Monday, said the cost of a round-trip ticket to Malaysia’s capital, plus forking out for the numerous Covid tests at either end, can rival a fare to a Europe.

“If you’re traveling with kids, it’s too costly. It’s too taxing,” he said. “What’s the justification of getting swabbed four times and spending money on that?”

There’s also the risk that unless Singapore acts swiftly to protect its own borders, Omicron enters and spreads substantially in the densely populated city-state, causing other countries to turn their backs on the nation, further thwarting efforts to open up.

“To me that’s what we want to avoid,” Associate Professor Alex Cook, vice-dean of research at the National University of Singapore’s Saw Swee Hock School of Public Health, said. “I’m not convinced that we need to stop it from getting into the country, but we want to avoid other people blocking the border, turning from Singapore.” — Bloomberg

Barbados becomes a republic after almost 400 years

REUTERS
The flag of Barbados flutters at the Parliament building in Bridgetown, Barbados, Nov. 29. REUTERS/TOBY MELVILLE

BRIDGETOWN — Barbados ditched Britain’s Queen Elizabeth as head of state, forging a new republic on Tuesday with its first-ever president and severing its last remaining colonial bonds nearly 400 years after the first English ships arrived at the Caribbean island.

At the strike of midnight, the new republic was born to the cheers of hundreds of people lining Chamberlain Bridge in the capital, Bridgetown. A 21-gun salute fired as the national anthem of Barbados was played over a crowded Heroes Square.

Prince Charles, heir to the British throne, stood somberly as Queen Elizabeth’s royal standard was lowered and the new Barbados declared, a step which republicans hope will spur discussion of similar proposals in other former British colonies that have the Queen as their sovereign.

“We the people must give Republic Barbados its spirit and its substance,” President Sandra Mason, the island’s first president, said. “We must shape its future. We are each other’s and our nation’s keepers. We the people are Barbados.”

Barbados casts the removal of Elizabeth II, who is still queen of 15 other realms including the United Kingdom, Australia, Canada and Jamaica, as a way to finally break with the demons of its colonial history.

“The creation of this republic offers a new beginning,” said Prince Charles, whose mother sent her warmest wishes.

“From the darkest days of our past and the appalling atrocity of slavery which forever stains our history, people of this island forged their path with extraordinary fortitude.”

After a dazzling display of Barbadian dance and music, complete with speeches celebrating the end of colonialism, Barbadian singer Rihanna was declared a national hero by Prime Minister Mia Mottley, the leader of Barbados’ republican movement.

The birth of the republic, 55 years to the day since Barbados declared independence, unclasps almost all the colonial bonds that have kept the tiny island tied to England since an English ship claimed it for King James I in 1625.

It may also be a harbinger of a broader attempt by other former colonies to cut ties to the British monarchy as it braces for the end of Elizabeth’s nearly 70-year reign and the future accession of Charles.

“Full stop this colonial page,” Winston Farrell, a Barbadian poet told the ceremony. “Some have grown up stupid under the Union Jack, lost in the castle of their skin.”

“It is about us, rising out of the cane fields, reclaiming our history,” he said. “End all that she mean, put a Bajan there instead.”

SLAVE HISTORY
Prince Charles’ speech highlighted the continuing friendship of the two nations though he acknowledged the horrors of the trans-Atlantic slave trade.

While Britain casts slavery as a sin of the past, some Barbadians are calling for compensation from Britain.

Activist David Denny celebrated the creation of the republic but said he opposes the visit by Prince Charles, noting the royal family for centuries benefited from the slave trade.

“Our movement would also like the royal family to pay a reparation,” Denny said in an interview in Bridgetown.

The English initially used white British indentured servants to toil on the plantations of tobacco, cotton, indigo and sugar, but Barbados in just a few decades would become England’s first truly profitable slave society.

Barbados received 600,000 enslaved Africans between 1627 and 1833, who were put to work in the sugar plantations, earning fortunes for the English owners.

More than 10 million Africans were shackled into the Atlantic slave trade by European nations between the 15th and 19th centuries. Those who survived the often-brutal voyage, ended up toiling on plantations.

“I’m overjoyed,” Ras Binghi, a Bridgetown cobbler, told Reuters ahead of the ceremony. Mr. Binghi said he would be saluting the new republic with a drink and a smoke.

Barbados will remain a republic within the Commonwealth, a grouping of 54 countries across Africa, Asia, the Americas and Europe.

Outside the lavish official ceremony, some Barbadians said they were uncertain what the transition to a republic even meant or why it mattered.

“They should leave Queen Elizabeth be — leave her as the boss. I don’t understand why we need to be a republic,” said Sean Williams, 45, standing in the shadow of an independence monument.

The last time the queen was removed as head of state was in 1992 when the Indian Ocean Island of Mauritius proclaimed itself a republic. — Reuters

Puppet mastered 

Movie Review
Historya ni Ha
Directed by Lav Diaz

Lav Diaz’s Historya ni Ha (History of Ha) may be his strangest work yet. If in Ang Hupa (The Halt, 2019) he proposes a Filipino dystopia complete with dictatorship and pandemic and volcano-induced darkness, and in Panahon ng Halimaw (Season of the Devil, 2018) he presents the Philippines’ first-ever black-and-white, sung-through, no-instrument musical, this you might say is his Dead of Night – an astringently deadpan blackly comic film about a ventriloquist and his dummy.  

Hernando Alamada (John Lloyd Cruz) is a former Huk insurgent turned famed bodabil star, performing for passengers on the Mayflower as it sails international waters. It’s his last tour; he plans to take his savings to his hometown and marry his childhood sweetheart Rosetta – only it’s not to be: Rosetta has promised herself to a rich man, to pay off family debts. Hernando goes into self-exile instead, and the story proper begins. 

We’ve seen this figure before in Diaz’s films, from his earliest (Burger Boys, 1999 – first to production, second released) to Kriminal ng Baryo Concepcion (Criminal of Barrio Concepcion, 1998) to Batang West Side (West Side Avenue, 2001) to Ebolusyon ng Isang Pamilyang Pilipino (Evolution of a Filipino Family, 2004) to as late as Panahon ng Halimaw – the loner wanderer, sometimes the film’s ideological torchbearer, sometimes its heart of darkness.  

One wonders if this figure actually exists in Diaz’s life, though one would be hard pressed to guess who – his father? Diaz himself? In Burger Boys he’s a haunting haunted figure in one boy’s life, the father he wished he could have loved but never quite knew, represented by a wood angel statue his father once carved but was unable to finish – the statue stands by a roadside, its arms ending in stumps. In Ebolusyon ng Isang Pamilyang Pilipino he’s Raynaldo (Elryan de Vera), a boy who wanders from town to town, family to family, fate uncertain, belonging to none, less protagonist than mute witness to the random currents of history. In Batang West Side he’s two figures: young Hanzel Harana (Yul Servo), who moves from the care of mother to grandfather to the tutelage/patronage of a malevolent (if irrepressibly funny) drug lord, eventually walking the Jersey streets straight into a bullet; he’s also Detective Juan Mijares of the NJPD (Joel Torre), an insomniac introvert of a police officer who grapples with the unpromising investigation of Hanzel’s death and his own personal demons.  

The eponymous hero (Mark Anthony Fernandez) of Hesus Rebolusyonaryo (Jesus Revolutionary), Hugo Haniway (Piolo Pascual) of Panahon ng Halimaw, and Hook Trollo (Pascual again) of Ang Hupa are slightly different: former revolutionaries and artists forced by circumstance to retire or go into hiding, then forced by circumstance again to confront their anguished past. Hernando is more recognizably in this category, though his chosen profession – ventriloquism – seems an odd choice till you think about it: vaudeville (or bodabil as colloquially known) was a popular artform in the 1950s, Diaz’s chosen time period; the ventriloquist was an established member of the vaudeville troupe. One may wonder if a Filipino ventriloquist can ever achieve nationwide recognition until one remembers Manuel Conde who started out as a ventriloquist, and some of whose early films featured performances with his puppet Kiko (the prints now lost, alas).  

So this figure steps out from among a gallery of familiar figures inhabiting Diaz’s films, practicing a period-accurate profession while enjoying period-accurate (somewhat) level of fame – but the period is crucial to Diaz’s thesis, and so (I submit) is the nature of his lead character’s profession.  

It’s 1957, and President Ramon Magsaysay has just been killed in a plane crash; journalist Jack Agawin (Erwin Romulo) is picking apart the late president’s legacy: “this cycle of mythmaking,” he darkly prophecies, “will keep on repeating here in the Philippines,” such that “the masses will vote false prophets and leaders.” Later one such leader, Among Kuyang (Teroy Guzman), will echo Agawin’s prediction with his own forecast: “Two decades from now we will have a leader from the North… six decades from now a leader from the South.” He adds with relish: “I like them a lot.” 

Diaz puts a finger on one big reason why the Philippine electorate time and time again makes poor choices: they’re in love with the idea of the savior-superman, a leader that will rise up and solve all our problems with a Presidential Decree or two. Agawin’s analysis is (as Congressman Torres [Jun Sabayton] puts it) “quite horrifying” if baldly stated, but, as in the best vaudeville magic, the obvious gesture is meant to distract the audience while the hidden hand performs the real trick: Hernando sitting in one corner drinking in Agawin’s postmortem and Among Kuyang’s forecast. One almost feels Hernando is reacting to this the same way he reacts to Rosetta’s rejection: with silence. In the face of such insanity (a presidential myth perpetuating two other myths, a woman giving herself up for her family’s debts) what else can one say?  

Which is where Ha (acronym of Hernando’s name, presumably) comes in. Most films involving ventriloquists (Magic, Dead of Night) have the dummy manifesting the performer’s id, saying things he wishes he could say, uttering thoughts that would be unspeakable in polite company but hilarious from a wooden mouth. Difference is that in those films the issues are personal while Ha talks of the grievous hurt of the world, in the form of jokes and poems. “How about you Hernando my friend?” Congressman Torres asks, “What’s your point of view?” Hernando pauses a beat: “I will have to talk to Ha.” Even this early Hernando is smart enough to use Ha as a way to express or obscure what he wants to say.  

Ha isn’t the kind of troublemaker Hugo or Fats is; if he lectures us on politics or the failures of human nature his lectures are softened with humor, couched in rhyme; he’s open and direct only with Hernando, in their long conversations together – first time in a field, where they talk over options and Hernando’s motives; later in the bathroom, when they discuss what to perform for their comeback show. Ha is sly, funny, sometimes cruel: “Loser,” he calls Hernando, for letting Rosetta’s decision get him down; their conversations together have the intimacy of longtime friends who don’t necessarily like each other but know each other too well (that Lloyd Cruz can do both sides of the conversation and that we accept this without much trouble says something of his acting skill). 

Hernando and Ha’s second long conversation takes place in the toilet, in front of a mirror, and eventually you realize that Hernando is talking to Ha, who’s perched on a windowsill to his left, at the same time he’s staring at himself in a mirror. Ha’s words here are even more cutting: the masses “are on the level of animals,” and he gleefully declares that they might as well dance with the devil. Lloyd Cruz plays a complicated game, peering over his shoulder when he wants to address Ha; when Ha speaks the voice sounds as if it’s coming from out of the glass.  

Visually speaking Diaz continues to make the ironic point that the rural Philippine landscape is breathtaking to behold, all towering screens of bamboo, broad canopies of narra and mango leaves, endless grassland – that folks could suffer crushing poverty in the midst of all that beauty is a maddening mad-inducing paradox. Early on, Hernando receives a letter from Rosetta that starts loving and turns out to be a tearful farewell; as Hernando sits digesting this mortal gut punch, Diaz has the sun pierce through a passing cloud and set the world on fire. Later, what is arguably the film’s most painful moment also happens to be its most beautiful: Hernando standing hip-deep in seawater with Ha while the moon glares down from high overhead, the belly of storm clouds crackling with thunder to the distant left. With each film and with his low-budget high-definition digital camera, Diaz only seems to grow as a filmmaker.  

I talk at length of the wanderers that walk through Diaz’ films and for a reason: I see them as iterations of Diaz himself, walking through each film and its unique challenges and posing to himself (and through him, us) the question: how would you feel? What would you do? And why? Diaz proposes yet another set of answers to the questions, different from his previous responses: not perhaps as ambiguous (though breathlessly timed) as in Panahon ng Halimaw, and not perhaps as quietly hopeful as in Ang Hupa. He has three men digging a hole in the ground, and the image suggests several implications: that of three men excavating a grave, presumably for Hernando’s previous hopes and dreams; that of a new building’s foundations mentioned in Hernando’s letter, a symbol of his present aspirations; and that of a latrine, a receptacle for human shit, which in fact is what the three are digging. Diaz leaves the image there for us to gaze at, pick which option suits our temperament, maybe come up with new possibilities of our own –  a Rorschach test we can project our hopes and fears on till the next time he presents a new set of questions. 

Historya ni Ha is one of the films being shown in the ongoing QCinema film festival. This year, QCinema is a hybrid festival with both on-site and online screenings. It is ongoing until Dec. 5, with theatrical screenings at the Gateway Cineplex 10 in Quezon City, and online streaming via KTX.ph.

Moderna CEO says vaccines likely less effective against Omicron – FT

STOCK PHOTO

SYDNEY – The head of drugmaker Moderna said COVID-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus as they have been previously, sparking fresh worry in financial markets about the trajectory of the pandemic.

“There is no world, I think, where (the effectiveness) is the same level . . . we had with Delta,” Moderna Chief Executive Stéphane Bancel told the Financial Times in an interview.

“I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all the scientists I’ve talked to . . . are like ‘this is not going to be good.'”

Vaccine resistance could lead to more sickness and hospitalisations and prolong the pandemic, and his comments triggered selling in growth-exposed assets like oil, stocks and the Australian dollar.

Bancel added that the high number of mutations on the protein spike the virus uses to infect human cells meant it was likely the current crop of vaccines would need to be modified.

He had earlier said on CNBC that it could take months to begin shipping a vaccine that does work against Omicron.

Fear of the new variant, despite a lack of information about its severity, has already triggered delays to some economic reopening plans and the reimposition of some travel and movement restrictions. – Reuters

Macau gambling group Suncity’s shares plunge after CEO arrested

HONG KONG – Shares of Macau gambling group Suncity Group Holdings Ltd slumped 40% in resumed trade on Tuesday after its CEO was arrested over alleged links to cross-border gambling. The company said he intends to resign.

Alvin Chau, also the founder of Macau‘s biggest junket operator which brings in high rollers to play at casinos, was arrested by Macau police on Sunday and is the subject of an arrest warrant in mainland China – where all forms of gambling are illegal.

Macau authorities arrested Chau and 10 others, accusing them of using the world’s largest gambling hub as a base for an illegal “live web betting platform” in the Philippines that attracted mainland Chinese.

Authorities in the eastern Chinese city of Wenzhou have separately accused Chau of forming a junket agent network that helps citizens engage in offshore and cross-border gambling activities as well as setting up an asset management company that helps gamblers make cross-border fund transfers.

Cross-border flows of money due to gambling has long irked the Chinese government and Macau authorities said their investigation has been in train for two years.

That coincides roughly with the time that Suncity came under attack in China’s state media which criticised online gaming activities for causing what it described as great harm to China’s social economic order. Suncity said at the time it did not operate any online gaming.

Miao Shengming, an official with China’s top prosecutorial agency, said on Monday that some overseas casinos and online gambling websites primarily target mainland clients, harming China’s “economic security.”

“Out of those that go overseas to gamble, some bet enormous amounts, causing a huge outflow of funds,” Miao said.

Between 2018 and September this year, 255,850 people have been prosecuted in China for gambling offences, of which 63,238 were charged between January and September, he added.

Suncity’s stock was down 39.6% as of the midday session, valuing it at HK$1.03 billion ($132 million) and at one point fell 48% to a record low of HK$0.133.

Part of the Macau investigation involves Russia’s Tigre de Cristal resort which is close to China’s northeast border and is controlled by Hong Kong-listed Summit Ascent Holdings, of which Suncity is the controlling shareholder.

Shares of Summit Ascent slid 53.8%.

Suncity Group said in a statement late on Monday that allegations in the media that Tigre de Cristal was involved in cross-border gaming by soliciting customers in mainland China was untrue.

Suncity Group‘s operations would not be impacted in the event that it ceased to have Chau’s support, it added. – Reuters

World Bank works to redirect frozen funds to Afghanistan for humanitarian aid only -sources

WASHINGTON – The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund to humanitarian agencies, people familiar with the plans told Reuters, but it leaves out tens of thousands of public sector workers and remains complicated by U.S. sanctions.

Board members will meet informally on Tuesday to discuss the proposal, hammered out in recent weeks with U.S. and U.N. officials, to redirect the funds from the Afghanistan Reconstruction Trust Fund (ARTF), which has a total of $1.5 billion.

Afghanistan‘s 39 million people face a cratering economy, a winter of food shortages and growing poverty three months after the Taliban seized power as the last U.S. troops withdrew from 20 years of war.

Afghan experts said the aid will help, but big gaps remain, including how to get the funds into Afghanistan without exposing the financial institutions involved to U.S. sanctions, and the lack of focus on state workers, the sources said.

The money will go mainly to addressing urgent health care needs in Afghanistan, where less than 7% of the population has been vaccinated against the coronavirus, they said.

For now, it will not cover salaries for teachers and other government workers, a policy that the experts say could hasten the collapse of Afghanistan‘s public education, healthcare and social services systems. They warn that hundreds of thousands of workers, who have been unpaid for months, could stop showing up for their jobs and join a massive exodus from the country.

The World Bank will have no oversight of the funds once transferred into Afghanistan, said one of the sources familiar with the plans. A U.S. official stressed that UNICEF and other recipient agencies would have “their own controls and policies in place.”

“The proposal calls for the World Bank to transfer the money to the U.N. and other humanitarian agencies, without any oversight or reporting, but it says nothing about the financial sector, or how the money will get into the country,” the source said, calling U.S. sanctions a major constraint.

 

‘NOT A SILVER BULLET’

While the U.S. Treasury has provided “comfort letters” assuring banks that they can process humanitarian transactions, concern about sanctions continues to prevent passage of even basic supplies, including food and medicine, the source added.

“It’s a scorched earth approach. We’re driving the country into the dust,” said the source. Crippling sanctions and failure to take care of public sector workers will “create more refugees, more desperation and more extremism.”

Any decision to redirect ARTF money requires the approval of all its donors, of which the United States has been the largest.

A State Department spokesperson confirmed that Washington is working with the World Bank and other donors on how to use the funds, including potentially paying those who work in “critical positions such as healthcare workers and teachers.”

The spokesperson said the U.S. government remains committed to meeting the  critical needs of the  Afghan people, “especially across health, nutrition, education, and food security sectors … but international aid is not a silver bullet.”

 

BYPASSING TALIBAN

Established in 2002 and administered by the World Bank, the ARTF was the largest financing source for Afghanistan‘s civilian budget, which was more than 70% funded by foreign aid.

The World Bank suspended disbursements after the Taliban takeover. At the same time, Washington stopping supplying U.S. dollars to the country and joined in freezing some $9 billion in Afghan central bank assets and halting financial assistance.

A World Bank spokesperson confirmed that staff and executive board members are exploring redirecting ARTF funds to U.N. agencies “to support humanitarian efforts,” but gave no further details. The United Nations declined to comment.

Initial work has also been done on a potential swap of U.S. dollars for Afghanis to deliver the funds into the country, but those plans are “basically just a few PowerPoint slides at this point,” one of the sources said. That approach would deposit ARTF funds in the international accounts of Afghan private institutions, who would disburse Afghanis from their Afghan bank accounts to humanitarian groups in Afghanistan, two sources said.

This would bypass the Taliban, thereby avoiding entanglement with the U.S. and U.N. sanctions, but the plan is complex and untested, and could take time to implement.

One major problem is the lack of a mechanism to monitor disbursements of funds in Afghanistan to ensure Taliban leaders and fighters do not access them, a third source said.

Two former U.S. officials familiar with internal administration deliberations said that some U.S. officials contend that U.S. and U.N. sanctions on Taliban leaders bar financial aid to anyone affiliated with their government. – Reuters

Cyber Monday spending expected to slow as shoppers see fewer deals

STOCK IMAGE: vector created by sentavio - www.freepik.com

U.S. retailers’ online sales likely slowed this Cyber Monday, as fewer discounts and limited choices due to global supply-chain disruptions deterred shoppers, but other data points suggested American consumers are in pretty good health.

Retailers had also spread out promotional deals across more weeks to protect profit margins from surging supply chain costs and to better manage inventories amid widespread product shortages ahead of the Christmas shopping season.

Those attempts have pinched sales on what are traditionally some of the biggest shopping days of the year, with Adobe Analytics data over the weekend showing spending online during Black Friday fell for the first time ever.

“Online sales on big shopping days like Thanksgiving and Black Friday are decreasing for the first time in history, and it is beginning to smooth out the shape of the overall season,” said Taylor Schreiner, director, Adobe Digital Insights.

U.S. spending on Cyber Monday crossed $7 billion as of 9 p.m. ET, according to the Adobe Digital Economy Index.

Adobe now expects consumers to spend between $10.4 billion and $11.1 billion and forecast that customers could spend $2.5 billion between 7 p.m. PT and 11 p.m. PT.

Early estimates showed spending to be between $10.2 billion and $11.3 billion. That translates to roughly flat growth at the midpoint compared to last year’s $10.8 billion, which was a near 15% jump from 2019.

Excitement on social media around Cyber Monday is also ebbing.

Cyber Monday continues to be extremely relevant, particularly in the digital world, but the buzz has been more muted than we’ve seen in recent history,” said Rob Garf, general manager of retail at Salesforce.

Discount rates in the United States in the week leading up to Cyber Monday were on average 8% lower than last year, according to Salesforce.

The holiday season kicks off just as the new Omicron coronavirus variant has triggered uncertainty over the economic reopening, but experts say it is too early to predict the impact on consumer spending.

On Black Friday, the day after Thanksgiving, U.S. shoppers spent roughly $8.9 billion online, down from $9 billion a year earlier, according to Adobe data.

A separate data point released Monday by MasterCard SpendingPulse, which calculates overall U.S. retail sales across payment methods, found U.S. shoppers spent 14% more on merchandise excluding automobiles from Nov 26 to 28, compared to the same holiday weekend a year earlier. The estimates include purchases made in stores.

Shoppers spending online increased 5% over the three-day period compared to a year earlier, and by 28.7% when compared to the same period in 2019, according to MasterCard SpendingPulse. – Reuters