Sunday, September 30, 2018

Macedonians vote in referendum on whether to change country's name

SKOPJE (Reuters) - The people of Macedonia voted in a referendum on Sunday on whether to change its name to ‘Republic of North Macedonia’, a move that would resolve a decades-old dispute with Greece which had blocked its membership bids for the European Union and NATO.

Greece, which has a province called Macedonia, maintains that its northern neighbor’s name represents a claim on its territory and has vetoed its entrance into NATO and the EU.

The two governments struck a deal in June based on the proposed new name, but nationalist opponents argue the change would undermine the ethnic identity of Macedonia’s Slavic majority population.

President Gjorge Ivanov has said he will not be voting in the referendum and a boycott campaign has cast doubts on whether turnout will meet the minimum 50 percent required for the referendum to be valid.

The question on the referendum ballot read: “Are you for NATO and EU membership with acceptance of the agreement with Greece”.

Supporters of the name change, including Prime Minister Zoran Zaev, argue that it is a price worth paying to pursue admission into bodies such as the EU and NATO for Macedonia, one of the countries to emerge from the collapse of Yugoslavia.

“I came today to vote for the future of the country, for young people in Macedonia so they can be live freely under the umbrella of the European Union because it means safer lives for all of us,” said Olivera Georgijevska, 79, in Skopje.

Although not legally binding, enough members of parliament have said they will abide by the vote’s outcome to make it decisive. The name change would requires a two-thirds majority in parliament.

Friday, September 28, 2018

World Court ruling on Bolivia sea access could force Chile to negotiate


DRAMA!

SANTIAGO/LA PAZ (Reuters) - A World Court ruling next week on Bolivia’s claim that Chile has ducked a legal obligation to discuss access to the sea could force the Andean neighbours to the negotiating table over a land spat lingering since the 19th century.

The International Court of Justice in The Hague, which settles legal disputes between United Nations member states, is due to announce on Monday its findings in the row, which came to a head after landlocked Bolivia filed a lawsuit in 2013 seeking to force Chile to negotiate access to the Pacific Ocean.

If the ICJ rules in favor of Bolivia, it can order Chile into a negotiation of “good faith” with its neighbour. But the question of “good faith” is a thorny one, said Paul Reichler, a Washington-based attorney who specializes in representing states before the ICJ for Foley Hoag law firm.

“For Chile to engage in good faith negotiations, does that mean it has to be willing to cede as least some of its sovereign territory? Most states would not give any territory.”

A more realistic outcome of “good faith” negotiations could be for Chile to offer other ways to help facilitate Bolivia’s trade, like free access to more Chilean ports, or highways or railways built for Bolivia on Chilean land, Reichler said.

While the ICJ’s rulings are binding for U.N. members, it has no power to enforce them.

Reichler said the case was the first of its kind before the ICJ - involving a claim by one state that there was a breach of an obligation by another to negotiate a cession of territory - and it is unlikely to spur similar legal battles.

“It would be next to impossible to find a parallel situation,” he said.

Tuesday, September 25, 2018

Michael Kors makes high-end fashion statement with $2.2 billion Versace buy

Reuters - Michael Kors, whose namesake label is best known for its leather handbags, has made no secret of its ambition to grow its portfolio of high-end brands after buying British stiletto-heel maker Jimmy Choo for $1.2 billion last year.

The bet on Versace comes as the U.S. group looks to refresh the more downmarket image of the Michael Kors brand and recover some of its pricing power. The combination is also aimed at reviving Versace, which returned to a net profit last year.

Versace, known for its bold and glamorous designs and its Medusa head logo, was one of a clutch of family-owned Italian brands cited as attractive targets at a time when the luxury industry is riding high on strong demand from China.

“We believe that the strength of the Michael Kors and Jimmy Choo brands, and the acquisition of Versace, position us to deliver multiple years of revenue and earnings growth,” John Idol, chairman and CEO of Michael Kors Holdings said.

Michael Kors has agreed to buy all of Versace’s outstanding shares for a total enterprise value of 1.83 billion euros ($2.2 billion), to be funded in cash, debt and shares in Michael Kors Holding Ltd, which will be renamed Capri Holdings Ltd.

U.S. private equity firm Blackstone, which bought 20 percent of Versace for 210 million euros in 2014, will make a 156 million euro capital gain by exiting its investment, Reuters calculations show.

The Versace family, which owns 80 percent of the Milan-based fashion house, will receive 150 million euros of the purchase price in Capri shares.

“We believe that being part of this group is essential to Versace’s long-term success. My passion has never been stronger,” said Donatella Versace, the sister of its late founder who is its artistic director and vice-president.

Versace CEO Jonathan Akeroyd will remain at the helm of the company, while Donatella Versace will “continue to lead the company’s creative vision”, Idol added.

The deal is expected to close in the fourth fiscal quarter, subject to regulatory approvals.

Thursday, September 20, 2018

Ticked-off Canadian crabs are waging war on the United States and scientists are powerless to stop them


- Canada and the United States usually get along pretty well, and that’s probably because Canadians are just so darn nice. They apologize for everything, they don’t mind bizarre weather, and they’re always looking out for each other. Unfortunately the same can’t be said for Canadian crabs, which are some of the most absurdly aggressive marine creatures around, and now they’re moving south.

As the Boston Globe reports, green crabs from Canada are beginning to march down to coast of the United States, and they’re picking fights with anyone who comes near. They’re unpleasant, rude, and might actually push away native species that were getting along just fine on their own.

The crabs are actually the same species that can already be found further south along the coast of Maine, but for some reason they’re a whole lot more aggressive. Rather than simply living their lives in flowing sea grass and eating when they’re hungry, the Canadian crabs take a scorched-Earth approach by chopping down vegetation with their claws and killing any small sea creatures that get in their way.

These angry organisms have been found along Maine on occasion, but it seems they’re pushing farther south than before. In a new survey of crab populations in Maine, the nasty Canadians were spotted at a rate of about one out of every 50 green crabs. A study of the local marine ecosystem and the crabs’ impact on it is being prepared for publishing.

As University of New England researchers Louis Logan explains, we might be powerless to stop them. “It will be an entirely different ball game,” Logan told the Boston Globe. “It’s just a question of when more of the crabs come and out-compete the Maine green crabs. We can’t do anything about it. The only thing that we can do is learn how to live with it.

Thursday, September 13, 2018

Cancer expected to kill more than 9 million people globally this year, report finds

GENEVA — The World Health Organization's cancer research arm estimated in a report released Wednesday that there will be about 18 million new cases of cancer globally this year and 9.6 million deaths.

The numbers published by the International Agency for Research on Cancer were slightly higher than those in the last world-wide update in 2012, when officials expected 14 million new cancer cases and 8 million deaths. Experts said the increase could be partly attributed to population growth and aging, but that individuals could do more to reduce their chance of getting sick.

"A lot of those (cancer cases) could be prevented, with key prevention efforts focusing on some of the main risk factors which we have heard about: tobacco consumption, alcohol consumption, lack of physical activity and improper diet," said Dr. Etienne Krug, director of WHO's department of non-communicable diseases.

Krug said it was also critical that countries ensure access to fast diagnosis and treatment, noting: "For those who have cancer, cancer should not be a death sentence anymore."

The research agency's report said nearly 44 million people in the world are alive five years after being diagnosed with cancer. Based on data from 185 countries, the report estimated that one in five men and one in six women will develop cancer during their lifetimes.

The UN researchers said lung cancer kills the most people, followed by breast cancer in women and colorectal cancer.  ContinueReading

Tuesday, September 11, 2018

Second ever case of Monkeypox recorded in England

- A second individual has been diagnosed with monkeypox in England, health officials have said.

The patient, who had travelled to Nigeria where they are believed to have acquired the infection, presented with symptoms at the Blackpool Victoria Hospital, Public Health England (PHE) said.

It is the second ever case of the rare viral infection recorded in the UK, after a resident of Nigeria staying at a naval base in Cornwall was diagnosed last week.

However there is "no UK link" between the two patients, PHE said.

Monkeypox does not spread easily between people and most who contract the infection recover within a few weeks, although severe illness can occur in some people.

Dr Nick Phin, deputy director of the National Infection Service at PHE, said it was "very unusual" to see two cases in this short a period of time.

"We know that in September 2017 Nigeria experienced a large sustained outbreak of monkeypox and since then sporadic cases have continued to be reported," he said.

"It is likely that monkeypox continues to circulate in Nigeria and could therefore affect travellers who are returning from this part of the world, however, it is very unusual to see two cases in such a relatively short space of time.

"We are working hard to contact individuals, including healthcare workers, that might have come into contact with the individual to provide information and health advice."

The second individual was transferred to the Royal Liverpool University Hospital after testing positive for the infection.

Thursday, September 6, 2018

Burberry ends bonfire of the luxuries after waste outcry


LONDON (Reuters) - Britain’s Burberry will no longer burn unsold luxury goods to protect its brand after an admission that it destroyed almost $40 million worth of stock last year sparked a furor over waste in the fashion industry.

Burberry also said on Thursday it would no longer use real fur such as mink and racoon, in another step to improving its social and environmental credentials which was immediately welcomed by animal rights campaigners.

The waste revelation in July from Burberry came only months after the owner of Cartier and Montblanc admitted to destroying some of their unsold watches and coincides with growing public awareness of waste and its environmental impact.

“Modern luxury means being socially and environmentally responsible,” said CEO Marco Gobbetti, who is in the process of taking Burberry, where coats sell for more than 2,500 pounds ($3,234) and handbags are priced at up to 1,500 pounds, more upmarket.

Many retailers have been called out in recent years for destroying unsold stock, including by slashing or punching holes in garments before throwing them out.

Richemont, owner of luxury watch brands, said it bought back unsold stock from dealers during a recent downturn and recycled the precious metals and stones that were in the high-end pieces.

Burberry physically destroyed 28.6 million pounds worth of finished goods in the financial year to April, up from 26.9 million pounds the previous year, including 10 million pounds worth of beauty products such as perfume.

The products are generally those that did not sell via discount outlets and are more than five years old. Burberry said it would try to reuse, repair, donate or recycle its products while a strategy to make fewer, more targeted collections should help reduce excess stock.

It is also working with the sustainable luxury company Elvis & Kresse to transform 120 tonnes of leather offcuts into new products over the next five years.

Tuesday, September 4, 2018

Secret to Japan couple's 80 years of marriage: wife's patience

TAKAMATSU, Japan (Reuters) - Japan is known for its abundance of centenarians and can now lay claim to having the world’s oldest living married couple, with a combined age of 208 - a feat the wife credits to her patience during 80 years of marriage.

Masao Matsumoto, 108, and his 100-year-old wife, Miyako, have been confirmed as the oldest living spouses by aggregate age by Guinness World Records, having been married since October 1937.

“I am so glad. It’s thanks to my patience, really,” said Miyako with a laugh, posing with Masao and other family members in front of a framed certificate at the nursing home where they live.

“I am so grateful that it brings me tears,” she told Reuters.

The Matsumotos never managed to have a wedding as Japan was heading into war and Masao was sent overseas as a soldier, but that was no obstacle to having a big family - including a 25th great-grandchild who was born last month.

“They’ve entered the last chapter of their life. It was a honor (for them) to receive this award. I would love them to continue living a peaceful life,” said daughter Hiromi.

Japanese have among the longest life expectancies in the world, with data from Japan’s health ministry showing they rank No.2 on average at around 84, just a smidgeon behind people from Hong Kong.

Saturday, September 1, 2018

Yemen conflict: Saudi-led coalition admits mistakes in deadly bus strike

BBC - The Saudi-led coalition in Yemen has expressed regret over "mistakes" made in a deadly air strike on a bus.

More than 40 children were killed in the strike in a market in northern Saada province on 9 August, drawing international condemnation.

In a statement on Saturday, the coalition pledged to hold those responsible for the strike accountable.

But a spokesman for the coalition's own investigation maintained that the strike had targeted a Houthi leader.

The head of the coalition's Joint Incidents Assessment Team (JIAT), Lt Gen Mansour al-Mansour, said its investigation had found that the bus was carrying Houthi leaders and fighters and was therefore a "legitimate" military target, but admitted that the location of the strike had led to collateral damage.

A statement carried by the Saudi state news agency SPA on Saturday said: "The Joint Forces Command of the Coalition expresses regret over the mistakes, extends its sympathies, condolences and solidarity to the families of the victims."

The coalition said it would co-ordinate with the Yemeni government to compensate families of victims and would also review its rules of engagement.

The coalition insists it never deliberately targets civilians, but human rights groups have accused it of bombing markets, schools, hospitals and residential areas.

Earlier this week, the coalition rejected the findings of a UN report which said that war crimes may have been committed by all parties in the conflict.

UN experts accused Yemeni government forces, the coalition backing them, and the rebel Houthi movement of making little effort to minimise civilian casualties.