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Twitter Censors Trump Interview on Coronavirus – But Not Chinese Misinformation

August 7, 2020 by www.breitbart.com Leave a Comment

Twitter censored a video clip of President Trump’s recent interview on Fox & Friends alleging that the clip spread misinformation about the Wuhan coronavirus — yet has consistently failed to stop misinformation spread by Chinese government officials on the platform.

Breitbart News recently reported that social media sites Facebook and Twitter removed a clip of President Trump appearing on the Fox News show Fox & Friends in which he claimed that children have heightened immunity to the Wuhan coronavirus. The Trump campaign has stated that it stands by the claim, but both Facebook and Twitter have taken issue with the President’s statement.

However, despite censoring President Trump’s comments on the Wuhan coronavirus, Twitter has not applied the same standards to other governments and heads of state. In particular, the site has refused to remove posts from Chinese government officials spreading conspiracy theories suggesting that the Wuhan coronavirus actually originated in the United States. In some instances, Twitter added a flag to tweets from official Chinese accounts inviting readers to “get the facts on COVID-19,” which falls far short of the outright censorship exercised against Trump.

In March of this year, Breitbart News reported that Twitter refused to crack down on misinformation from Chinese officials, with the Daily Beast reporting :

Coronavirus disinformation spread by senior Chinese government officials does not violate Twitter’s terms of service, a spokesperson for the company told The Daily Beast on Monday.

The spokesperson pointed to language on its website, which gives wide latitude to statements from government officials. “Presently,” the company says , “direct interactions with fellow public figures, comments on political issues of the day, or foreign policy saber-rattling on economic or military issues are generally not in violation of the Twitter Rules.”

Breitbart News reported in May that according to a study of data collected by the Hamilton 2.0 dashboard of the Alliance for Securing Democracy, a tool aggregating accounts connected to the Chinese government, a Chinese disinformation campaign related to the pandemic had been ramped up across social media.

On May 8, the spokesperson for China’s Foreign Affairs Ministry posted a tweet that has been liked more than 4,000 times which reads: “The #US keeps calling for transparency & investigation. Why not open up Fort Detrick & other bio-labs for international review? Why not invite #WHO & int’l experts to the US to look into #COVI19 source & response?”

The military houses and studies infectious diseases at the U.S. Army Medical Research Institute of Infectious Diseases at Fort Detrick, Maryland.

The #US keeps calling for transparency & investigation. Why not open up Fort Detrick & other bio-labs for international review? Why not invite #WHO & int’l experts to the US to look into #COVID19 source & response?

— Hua Chunying 华春莹 (@SpokespersonCHN) May 8, 2020

On March 12, Zhao Lijian, the spokesman and deputy director of the Foreign Ministry’s Information Department, who has been one of China’s most prolific officials on Twitter, tweeted: “It might be the US army who brought the epidemic to Wuhan.”

A day later, Zhao tweeted that there was “Further evidence that the virus originated in the US.”

This article is very much important to each and every one of us. Please read and retweet it. COVID-19: Further Evidence that the Virus Originated in the US. https://t.co/LPanIo40MR

— Lijian Zhao 赵立坚 (@zlj517) March 13, 2020

On April 30, the official state-run news agency Xinhua posted a two-minute video titled “Once Upon a Virus” which mocked the United States’ response to the Wuhan coronavirus and praised China’s efforts. This has since been retweeted almost 26,000 times an liked 50,000 times.

China: We discovered a new virus.

China: It’s Dangerous

China: Wear a Mask pic.twitter.com/Qxugv8z73J

— China Xinhua News (@XHNews) April 30, 2020

In another tweet, China’s Ministry of Foreign Affairs tweeted: “In our fight against # COVID19 , the Chinese government has always been open, transparent & responsible. We always speak the truth with facts. It’s crystal clear which country has been doing everything possible to ensure people’s life & health & promote anti-pandemic cooperation.”

In our fight against #COVID19 , the Chinese government has always been open, transparent & responsible. We always speak the truth with facts. It’s crystal clear which country has been doing everything possible to ensure people’s life & health & promote anti-pandemic cooperation. pic.twitter.com/jGXXVbElPL

— Spokesperson发言人办公室 (@MFA_China) May 21, 2020

Still, Twitter has repeatedly refused to censor Chinese government-backed tweets spreading misinformation about the pandemic. In some cases, Twitter has added a tag providing more information about the Wuhan coronavirus but is happy to remove a clip of the President of the United States discussing the virus on national news.

Read more about the situation at Breitbart News here.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address [email protected]

Filed Under: Tech Censorship, China, Chinese virus, coronavirus, Donald Trump, Fox News, Free Speech Online, Wuhan coronavirus, Tech, Chinese..., trump pence interview, president donald trump interview, trump howard stern interview, trump mulvaney interview, rapinoe trump interview, rapinoe interview trump, greg gutfeld donald trump interview, trump interviews 4, ivanka trump interview, stormy and trump interview

Breaking Impasse, E.U. Imposes Sanctions on Belarus

October 1, 2020 by www.nytimes.com Leave a Comment

BRUSSELS — European Union leaders early Friday finally broke a longstanding impasse to impose sanctions against Belarus as they tackled a raft of interconnected issues — from Turkey to the coronavirus recovery fund to the rule of law — that would have been complicated even if taken one by one.

The delay in punishing Belarus for its crackdown after flawed elections on Aug. 9 had been a huge embarrassment for the bloc, and one that Charles Michel, president of the European Council, which comprises the bloc’s leaders, had insisted on resolving, at long last.

The sanctions had been blocked by Cyprus, which wants penalties imposed on Turkey for its energy explorations in Cypriot and Greek waters.

Early Friday morning, after eight hours of talks, the leaders agreed on language that urges Turkey to enter serious negotiations with both Cyprus and Greece on disputed waters and energy rights, and threatens sanctions against it for breaches of international law. Mr. Michel said Brussels still hoped to create “a positive agenda” with Turkey and would review relations in December.

Most important, though, the compromise opened the way for Cyprus to lift its veto and allow the bloc to impose sanctions on some 40 key Belarusian officials — even if those sanctions are likely to have, as many predict, little or no impact on President Aleksandr G. Lukashenko’s behavior or hold on power. Mr. Lukashenko himself is not on the sanction list.

With Turkey now in talks with Greece after German and NATO mediation, there was little appetite among many of the leaders to annoy Ankara further by imposing sanctions against it now, especially given its importance in helping to manage migration flows into Europe.

There is general unhappiness with the aggressive positions taken by Turkey’s president, Recep Tayyip Erdogan, on display again with his support for Azerbaijan in its clashes with Armenia . But the European Union needs to find a modus vivendi with Mr. Erdogan, and antagonizing him further is unlikely to change his behavior.

Still hanging over the leaders, though, is the bloc’s problem with violations of the rule of law in member states, and how efforts to punish those violations are tied in with money. Of particular concern are the coronavirus recovery fund of 750 billion euros, or about $880 billion, and the European Union’s €1.1 trillion multiyear budget.

In July, leaders agreed in a vague way to condition spending to adherence to the rule of law. The insistence of several northern countries, notably Austria, Denmark, Finland and the Netherlands, on a connection drew immediate opposition from Hungary , Poland and the Czech Republic, which felt targeted by the measure.

A German proposal to open talks on that condition with the European Parliament, which must approve the spending, is considered too lax by a third of the member states, because it is seen as focusing more on the misuse of money than on breaches of law. But without a deal, delivery of the funds, which countries badly affected by the virus , such as Italy and Spain, desperately need, will be delayed even further into next year.

So between the two presumably worthy goals — enforcing the rule of law with conditions on funding, and then delivering the funding more quickly — is a political quandary that cannot be resolved quickly.

In the background, the European Commission, the European Union’s executive arm, has introduced a less confrontational effort to warn countries about authoritarian backsliding. For the first time, the commission has published assessments of the state of democracy in each of the 27 member states, avoiding singling out Hungary and Poland (though their reports were more critical than most).

Democratic standards are facing “important challenges,” especially in Hungary and Poland, where judicial systems are under threat, the reports said. They found that prosecution of high-level corruption in Hungary “remains very limited,” and deemed Poland deficient in the four main areas reviewed: national justice systems, anticorruption frameworks, freedom of the press, and checks and balances.

Prosecution of high-level corruption is also limited in the Czech Republic and Malta, the reports said, and there were special challenges to a free press in Bulgaria, Hungary, Malta and Poland.

Poland got particular attention, because bloc officials believe that there is more potential for remedial action there than in Hungary, where Prime Minister Viktor Orban called for the resignation of the commissioner in charge of the reports, Vera Jourova of the Czech Republic, who called his country an “ill democracy.”

Ms. Jourova, the commissioner for European values, told journalists, “It is relevant to have an overview of these issues and see the links between them — not least because deficiencies often merge into an undrinkable cocktail.”

“The European Union was created also as an antidote to those authoritarian tendencies,” she added.

The European Commission’s president, Ursula von der Leyen, rejected Mr. Orban’s demands. But Hungary and Poland announced that they would set up their own institute to assess the rule of law in all member nations to avoid “double standards,” Hungary’s foreign minister, Peter Szijjarto, said. He added that he had had “enough of some Western European politicians using us as a punching bag.”

Hungary and Poland have repeatedly clashed with Brussels over issues like judicial independence, freedom of speech, the role of the news media and L.G.B.T.Q. rights .

But the commission has few weapons. It initiated proceedings before the European Court of Justice, whose rulings are obeyed, albeit reluctantly, by Budapest and Warsaw. And it set into action a mechanism that could theoretically lead to the loss of voting rights, but which is useless because it requires unanimity, and Poland and Hungary have vowed to protect each another.

Officials have been reluctant to file an avalanche of cases before the court for fear of being seen as targeting countries and because they would take a long time to resolve.

Hence the effort to tie the disbursement of funds to the rule of law. The German proposal will face a serious challenge in the European Parliament. Sergey Lagodinsky, a Green lawmaker in the chamber, said, “The report as it stands is a toothless tiger, unless it is accompanied by an effective enforcement mechanism that includes cutting funds in case of deficiencies.”

The proposal, he said, “has decapitated the initial idea.”

But without a deal soon, warned Michael Clauss, the German ambassador to the bloc, “delays with consequences for Europe’s economic recovery will most likely be unavoidable.”

Filed Under: Uncategorized Embargoes Sanctions, Coronavirus;COVID-19;Pandemic, Belarus, Hungary, Poland, EU, Turkey, World, Embargoes and Sanctions, Coronavirus (2019-nCoV), ..., gomselmash belarus sanctions, bccc can impose sanctions, why sanction is imposed, uk belarus sanctions eu exit, administrative civil or criminal sanctions may be imposed if there is an unauthorized disclosure, sanctions imposed on germany after ww1, is belarus under us sanctions, cbuae imposes administrative sanctions on 8 banks operating in the uae, order to show cause why sanctions should not be imposed

‘Fire Through Dry Grass’ Review: Unsafe Space

September 28, 2023 by www.nytimes.com Leave a Comment

As the acute threat of Covid-19 has waned, it has become easy to forget the surreal devastation of the early days of the pandemic, and the fissures the period exposed in our society. “Fire Through Dry Grass,” directed by Alexis Neophytides and Andres Molina, highlights the plight of those most vulnerable to the coronavirus. Molina, known as Jay, is a resident of Coler Rehabilitation and Nursing Care Center , the facility on which the documentary is centered, located on Roosevelt Island.

Much of the film is made up of cellphone footage shot by Molina or other residents, the sometimes smudged screens adding a dreamlike element that captures the haziness of the early pandemic, when days seemed to blend. Poetry by residents punctuates the images, which also include news clips and Zoom meetings. Animation is by the artist Guillermo Mena.

The film is effective at highlighting the anger, fear and loneliness the patients felt as the pandemic dragged on, with conditions at the facility, already not ideal, taking a turn toward the deplorable: Long-term residents were housed alongside patients sick with Covid. Some developed bed sores from staff neglect, and lay for hours or days without being bathed or having their diapers changed. The film documents their fight for improved conditions and the right to leave the facility.

The combination of firsthand footage with poetry makes for an intimate and raw film that gives a real sense of the confinement faced by the residents, some of whom compared the experience to previous jail stints. It’s a powerful reminder of how defining and devastating the pandemic was, and gives space to those whose voices were long ignored.

Fire Through Dry Grass

Filed Under: Uncategorized Documentaries, Coronavirus;COVID-19;Pandemic, Nursing home, Fire Through Dry Grass, Alexis Neophytides, Andres Molina, Coler Rehabilitation and Nursing Care...

Lockdown’s breakout brokerage company is raising a red flag

April 6, 2021 by economictimes.indiatimes.com Leave a Comment

Synopsis

Zerodha, India’s largest stock broker, is expecting a 30 per cent drop in revenue in the new financial year that began on Thursday. In FY20, the broker reported Rs 1,093.64 crore revenue, up 15 per cent from Rs 950 crore earned in FY19. Profit after tax stood at Rs 442 crore.

NEW DELHI: Zerodha , India’s largest stock broker, is expecting a 30 per cent drop in revenue in the new financial year that began on Thursday.

That profit warning comes after a year of stellar gains when the company saw a ‘substantial’ rise in revenues and profit thanks to the influx of millions of new investors and an unusual spike in trading volumes fuelled in part by people, who were working from home amid Covid restriction. The numbers for the year are yet to be made public. Zerodha is entirely privately held.

“Fiscal 2021 was an exceptional year because. One, there was a lot of user growth, and two, the market was very volatile. Volatility increases trading volume significantly. Trading volumes have dropped over the past 2-3 weeks as volatility has become lesser than the average of the first 8-9 months of fiscal 2021,” said Nithin Kamath, CEO.

Zerodha had nearly 50 lakh customers as of last available data, out of whom 33 lakh are said to be active investors and traders. The company added over 2 lakh new customers every month last year, as mobile technology and ease of trading drew a whole host of young people into equity trading in India; a trend observed in other markets too.

In FY20, the broker reported Rs 1,093.64 crore revenue, up 15 per cent from Rs 950 crore earned in FY19. Profit after tax stood at Rs 442 crore.

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Zerodha’s internal projections are gloomier than the external projections for broking industry’s revenue growth.

Crisil Ratings estimates overall broking revenue to have grown by 65-70 per cent in fiscal 2021 against 7 per cent in fiscal 2020, but market volatility and a phased implementation of new margin regulations may act as a drag on incremental volume growth, resulting in marginal revenue growth in fiscal 2022.

One reason for the gloomy projections are the twin margin rules that markets regulator Sebi introduced last year.

Kamath said there was a 20 per cent drop in trading volume due to twin margin rules introduced last year. “Traders are now shifting towards the options segment, but that is not going to add volumes.” He expects a 30 per cent drop in volumes by September, when traders will require to offer 100 per cent margin on intraday positions.

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Discount brokers like Zerodha have traditionally worked on lesser margins than bank-based brokers. This has helped them draw new clients. They have captured more than 75 per cent of incremental client acquisitions and now command 45 per cent market share in terms of active clients.

Crisil Ratings estimates show the average revenue per user for bank-led brokerages was Rs 10,000-12,000 during the first half of fiscal 2021, while it was Rs 4,000-8,000 for the discount brokers.

“Considering reduced intraday leverages, assuming lesser volatility and assuming lesser number of new customer additions in 2022, we are looking at a 25-30 per cent degrowth in revenues,” Kamath said.

Crisil says the slowdown has already begun to tell as broking revenue fell by 1-8 per cent in the third quarter of FY21 on a sequential basis. This indicates that client additions are not translating into higher broking revenue of late.

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“With equity markets turning volatile since January 2021 and revised regulations with higher margin requirements kicking in, sustainability of trading volumes in fiscal 2022 may be a challenge, thereby impacting revenue,” said Krishnan Sitaraman, Senior Director, CRISIL Ratings.

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( Originally published on Apr 05, 2021 )
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Filed Under: Uncategorized Zerodha..., Zerodha accounts, lockdown, covid-19, coronavirus, covid-19 lockdown, covid restrictions, Zerodha volumes, green white red flag horizontal with red symbol, al tijari financial brokerage company, goldmine brokerage company, stock brokerage company, freight brokerage company, truck brokerage company, insurance brokerage company, pyramid brokerage company, online brokerage company, mortgage brokerage company

India’s biggest brokerage projecting sharp drop in trading volumes, revenue this year

April 6, 2021 by economictimes.indiatimes.com Leave a Comment

Synopsis

The numbers for the year are yet to be made public.

NEW DELHI: Zerodha , India’s largest stock broker, is expecting a 30 per cent drop in revenue in the new financial year that began on Thursday.

That profit warning comes after a year of stellar gains when the company saw a ‘substantial’ rise in revenues and profit thanks to the influx of millions of new investors and an unusual spike in trading volumes fuelled in part by people, who were working from home amid Covid restriction. The numbers for the year are yet to be made public. Zerodha is entirely privately held.

“Fiscal 2021 was an exceptional year because. One, there was a lot of user growth, and two, the market was very volatile. Volatility increases trading volume significantly. Trading volumes have dropped over the past 2-3 weeks as volatility has become lesser than the average of the first 8-9 months of fiscal 2021,” said Nithin Kamath, CEO.

Zerodha had nearly 50 lakh customers as of last available data, out of whom 33 lakh are said to be active investors and traders. The company added over 2 lakh new customers every month last year, as mobile technology and ease of trading drew a whole host of young people into equity trading in India; a trend observed in other markets too.

In FY20, the broker reported Rs 1,093.64 crore revenue, up 15 per cent from Rs 950 crore earned in FY19. Profit after tax stood at Rs 442 crore.

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Zerodha’s internal projections are gloomier than the external projections for broking industry’s revenue growth.

Crisil Ratings estimates overall broking revenue to have grown by 65-70 per cent in fiscal 2021 against 7 per cent in fiscal 2020, but market volatility and a phased implementation of new margin regulations may act as a drag on incremental volume growth, resulting in marginal revenue growth in fiscal 2022.

One reason for the gloomy projections are the twin margin rules that markets regulator Sebi introduced last year.

Kamath said there was a 20 per cent drop in trading volume due to twin margin rules introduced last year. “Traders are now shifting towards the options segment, but that is not going to add volumes.” He expects a 30 per cent drop in volumes by September, when traders will require to offer 100 per cent margin on intraday positions.

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Discount brokers like Zerodha have traditionally worked on lesser margins than bank-based brokers. This has helped them draw new clients. They have captured more than 75 per cent of incremental client acquisitions and now command 45 per cent market share in terms of active clients.

Crisil Ratings estimates show the average revenue per user for bank-led brokerages was Rs 10,000-12,000 during the first half of fiscal 2021, while it was Rs 4,000-8,000 for the discount brokers.

“Considering reduced intraday leverages, assuming lesser volatility and assuming lesser number of new customer additions in 2022, we are looking at a 25-30 per cent degrowth in revenues,” Kamath said.

Crisil says the slowdown has already begun to tell as broking revenue fell by 1-8 per cent in the third quarter of FY21 on a sequential basis. This indicates that client additions are not translating into higher broking revenue of late.

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“With equity markets turning volatile since January 2021 and revised regulations with higher margin requirements kicking in, sustainability of trading volumes in fiscal 2022 may be a challenge, thereby impacting revenue,” said Krishnan Sitaraman, Senior Director, CRISIL Ratings.

Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here!

( Originally published on Apr 05, 2021 )
Print Edition
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Read Complete Print Edition »

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