Thunder From Under http://thunderfromunder.com/ Sat, 12 Jun 2021 00:09:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 http://thunderfromunder.com/wp-content/uploads/2021/04/thunder-from-under-icon.png Thunder From Under http://thunderfromunder.com/ 32 32 Sartorius, Applikon Biotechnology, Merck, Danaher – The Manomet current http://thunderfromunder.com/sartorius-applikon-biotechnology-merck-danaher-the-manomet-current/ Fri, 11 Jun 2021 20:22:44 +0000 http://thunderfromunder.com/sartorius-applikon-biotechnology-merck-danaher-the-manomet-current/

New research studies on Microbial Bioreactor Market give you an in-depth understanding of the industry landscape and help you better understand business and opportunities. This document is very important for many aspects of the organization such as marketing, business development, business development, as well as other similar aspects which are important for the growth of the organization are discussed in this report on Microbial Bioreactors. In this document, the Market Topic describes and explains to readers its products, applications and specifications. The survey lists the major companies operating in the global market and also identifies the tilt, changes adopted by companies to maintain their position. Using SWOT analysis and analysis of Porter’s five strengths, strengths, weaknesses, opportunities and fears of the large companies mentioned in the report. It is used in various definitions such as product type, business analysis, market, product design, competitors, applications and specifications.

This Microbial Bioreactor Market Analysis examines the market in detail, including the key metrics that provide a solid market strategy for the market along with the revealed data providing accurate insights into the global Microbial Bioreactors Market landscape. The report provides the customer with information potentially verifiable and valuable data which can play an essential role in business development and expansion planning. Other important issues discussed in this report include supply and demand, industrial processes, imports and exports, R&D development programs and pricing systems. The report also indicates that the rate of consumption as well as the quantity, production price, quantity, as well as the selling price of the product.


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The report comprises Microbial Bioreactor Market data divided into categories such as types, applications, regions, and many more to provide a detailed description of the region and the growth in the world. The report presented the data in the form of detailed analysis along with the graphs and infographics needed to simplify acquisition and performance of report collection.

Segment overview by Key players:

Sartorius, Applikon Biotechnology, Merck, Danaher, Chemtrix, M2p-labs, Eppendorf, Laval Lab, CerCell, PBS Biotech

Segment overview by Types:

48 parallel microbial bioreactor, 24 parallel microbial bioreactor, others

Segment overview by Applications:

Pharmaceutical industry, biochemical engineering, food industry, scientific research institutes, others

Segment overview by Regions:

North America, Europe, Asia-Pacific, Middle East – Africa and Latin America

(* To note: You can ADD REMOVE Key players, regions according to your taste as part of the customization explained below)

A comprehensive microbial bioreactor review report focusing on each side effect of COVID-19[female[feminine on new products, pipeline analysis, supply chain overview, government policies, customer related strategies, as well as vaccines and drug status, which could ultimately affect the business to long term. These market strategies are analyzed by studying the impact of different social, political and economic factors along with the current impact of the market on the development of the COVID-19 Microbial Bioreactor market.

If you are a microbial bioreactor manufacturer dealing with import-export in the COVID-19 outbreak, this article will help you understand sales volume with impacting trends.


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What we offer:

  • Microbial Bioreactor Market Analysis for Regional and International Division
  • Important tips for newcomers
  • Covers microbial bioreactor market data for 2020, 2021 and 2027
  • Microbial Bioreactor Market Conditions (Drivers, Opportunities, Risks, Threats, Investment Opportunities, and Suggestions)
  • Important projects in the corporate sector, depending on the important market proposition
  • Competitive landscaping mapping the main common trends
  • Company profile has detailed plan, budget and recent development
  • Supply chain trends mapping the latest technological advancements

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Personalization helps organizations better understand specific market segments and areas of interest. Therefore, WMR provides customized reporting information based on business needs for strategic calls.

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The main questions answered by this report are:

  • What segments will perform well in the microbial bioreactor market over the projected years?
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  • How does the equity market change in value with different brands of manufacture?
  • What are the qualities and drawbacks of the key players?
  • What are the main findings and effects of the five strengths surveys on the industry?

In conclusion, this report focuses on the existing competition in market analysis. Added some useful information for businesses and customers. All major manufacturers involved in this report are ready to expand their business in most regions. Market value, volume, price, supply, data are also analyzed.

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Global Market Reports,
Tel: United States + 1-415-871-0703 / United Kingdom + 44-203-289-4040 / Japan + 81-50-5539-1737
Email: sales@worldwidemarketreports.com


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SIGNA Sports United to go public via SPAC http://thunderfromunder.com/signa-sports-united-to-go-public-via-spac/ Fri, 11 Jun 2021 20:20:06 +0000 http://thunderfromunder.com/signa-sports-united-to-go-public-via-spac/

In today’s top retail news, SIGNA Sports United (SSU) made a deal to go public by partnering with a blank check company, while Signet Jewelers reported that its revenues had almost doubled compared to last year. In addition, the market for vintage 1st Dibs products has gone public.

SIGNA Sports United to go public by merging with SPAC

SIGNA Sports United (SSU) has reached an agreement to merge with a publicly traded Special Purpose Acquisition Company (SPAC), Yucaipa Acquisition Corporation (YAC). The deal also involves the purchase of WiggleCRC Group, the online bicycle retailer. It is expected to close in the second half of 2021, according to an announcement.

Signet Jewelers revenue nearly doubled on higher same store sales

Signet Jewelers, which operates around 2,800 sites under names such as Zales and Jared, said its revenues had nearly doubled from last year. For the three months ending May 1, 2021, the retailer said comparable store sales increased about 107% from a year ago. In total, Signet reported non-GAAP earnings per share (EPS) of $ 2.23.

Dibs’ first IPO reflects increased competition and demand for all things vintage

While it may have been overshadowed and oversized by monday.com’s commercial debut, 1st Dibs Initial Public Offering (IPO) was the surprise winner of the week. The vintage goods market, which is likened to a Parisian flea market, has more than a million jewelry, art and furniture products. Its IPO follows Etsy’s purchase of Depop.

Chewy focused on growing the portfolio share in the US ahead of its global expansion

Even with a shortage at its distribution centers and an increase in out-of-stock products, pet supply retailer Chewy announced this week that it is effectively adding new customers and increasing its share of spending from consumption were an important part of its framework for growth. The company said its first-quarter sales rose 32% to $ 2.1 billion, which was better than expected for the three months ending May 2.

Learn more about retail:

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NEW PYMNTS DATA: FOCUS ON AI: THE BANK’S TECHNOLOGICAL ROADMAP

About the study: The AI ​​In Focus: The Bank Technology Roadmap is a research and interview report examining how banks are using artificial intelligence and other advanced IT systems to improve credit risk management and other aspects of their operations. The Playbook is based on a survey of 100 banking executives and is part of a larger series assessing the potential of AI in finance, healthcare and others.





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Facebook fails to control smugglers who bring migrants into US, report says http://thunderfromunder.com/facebook-fails-to-control-smugglers-who-bring-migrants-into-us-report-says/ Fri, 11 Jun 2021 18:59:38 +0000 http://thunderfromunder.com/facebook-fails-to-control-smugglers-who-bring-migrants-into-us-report-says/

Nineteen Facebook pages allegedly offering human smuggling services to help migrants illegally cross the US-Mexico border remained active on the platform for at least a month despite the company being notified. , according to a report.

The groups advertise things like routes and prices for those looking to make the perilous journey – and others that have been discovered appear to have ties to Mexican drug cartels, according to a Tech Transparency Project investigation.

“The prevalence of human trafficking on Facebook shows the company’s inability or unwillingness to identify and manage dangerous content on its platform, even on a major national issue – in this case, the “influx of migrants to the US-Mexico border,” the website said in its report this week.

FACEBOOK UNDER FIRE TO ENCOURAGE THE CRISIS AT THE FRONTIERS WITH ADVERTISEMENTS FOR HUMAN SMUGGLING, CARTELS: REP. KAT CAMMACK

Facebook told Fox News on Friday that “we prohibit content that proposes to provide or facilitate human trafficking.

“We rely on people and technology to remove this content, and are working with NGOs and other stakeholders to combat the ways in which our platform can be used by those who want to harm people,” added a spokesperson. “We are constantly evaluating ways to improve our app so that we can find and remove content that breaks our rules as efficiently as possible.”

But the Tech Transparency Project said in April that it first identified the existence of 50 private pages and groups advertising human trafficking and provided their names to Facebook after the company asked. Yet as of May, 19 of those pages remained active on the platform and dozens more have been found since, he added.

One of the pages that Fox News visited on Friday, titled “Viaje para estados unidos, cumple tu sueño” (“Travel to the United States, make your dream come true”), contains a video supposedly showing six people in a bedroom. hotel in McAllen, TX – just across the border from the Mexican town of Reynosa.

“Thank goodness one more band in mcallen tx,” the caption reads next to the video.

“Thanks for the trust,” he adds, before apparently posting prices of $ 1,800 to go from Reynosa to McAllen – and $ 5,550 from Reynosa to Houston.

ATTORNEY GENERAL OF ARIZONA IN BIDEN: COME HOME, DEAL WITH THE CRISIS AT THE BORDERS

The page also contains a video of people descending from a raft on the banks of a river and a message saying, “We left Honduras on March 30 towards the border,” followed by an emoji of the American flag. .

Another page the Tech Transparency Project says it has found is called “El coyote lopez”. Their report contained a screenshot showing that the page offers a WhatsApp number to get in touch with its carrier and apparently offers a reduced smuggling rate of $ 1,700 for single mothers and children who are ready to go to the border patrol during their passage through the United States

A 44,000-member group is said to contain numerous posts from a user whose profile photos include logos and hand signs synonymous with Vatos Locos, a criminal gang in Central America linked to Mexican cartels, according to Tech Transparency Project.

CLICK HERE TO GET THE FOX NEWS APP

The website also reports that it has found cases of smugglers adding a $ 700 fee to their border crossing fares that are paid to cartels as they pass through their territory.

Facebook, in its section on community standards, warns users not to post “content that proposes to provide or facilitate human trafficking.”


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Once the limited-time council members are vying for the return. Some groups of good government don’t seem to care http://thunderfromunder.com/once-the-limited-time-council-members-are-vying-for-the-return-some-groups-of-good-government-dont-seem-to-care/ Fri, 11 Jun 2021 15:55:34 +0000 http://thunderfromunder.com/once-the-limited-time-council-members-are-vying-for-the-return-some-groups-of-good-government-dont-seem-to-care/

The New York City Council is poised for the biggest turnover in nearly 20 years, with about two-thirds of the seats limited-term and open to a new cadre of lawmakers. And while the incumbents of the 51-member council will host a class of beginners, they may also see a group somewhere in between: once limited-term lawmakers clamoring for a place on the council.

Five former council members are trying to do just that, taking advantage of a provision in the law that allows them to run after a four-year term hiatus, a move, according to his rivals, that exploits a loophole in the law. They also argue that it violates the spirit of term limits. The policy was indeed designed to restrict the power of incumbents and promote greater competition in elections. These seasoned lawmakers, in turn, argue that the experience is sorely needed to help the city during the post-pandemic recovery phase.

Surprisingly, these lawmakers have supporters: the leaders of some good government watchdog groups who push for electoral law reforms and transparency while exposing political corruption.

The five former Council lawmakers – Gale Brewer, Tony Avella, Charles Barron, Sal Albanese and Darlene Mealy – hope to be elected in the same vein as Queens Council member James Gennaro who returned to his old seat, 16 years after leaving its functions.

“I think institutional knowledge is important because things like negotiating the budget and being aware of what happens when you negotiate the budget on the board is a very important issue,” said Betsy Gotbaum, executive director from Citizens Union, a good government group. “You need people who know what they’re doing and who don’t have to depend entirely on staff. “

Gotbaum specifically cited Brewer, currently Manhattan Borough President, as a prime example of a veteran lawmaker whose experience would benefit Council, despite having already served two terms from 2006 to 2013. The Union of citizens even approved it.

Brewer, a Democrat who represented voters in the council’s 6th district, stunned political observers when she announced her return candidacy. But, in an interview with Gothamist / WNYC, she took issue with the two term limit, given the complexity of the city.

“You need 12 years; I don’t believe in eight, ”she said. “I don’t mind the term limit, but eight years is too little. “

The Citizens’ Union took the same position, supporting the Council’s decision in 2009 to temporarily extend the number of terms from two to three terms, allowing then-mayor Michael Bloomberg to run for a third term. The decision to maintain these permanent limits failed in 2010 by a referendum vote. Citizen Union’s position is slightly stronger than that of Common Cause, which called for a “more nuanced discussion” on term limits. The group declined to comment for this article.

Although the Citizens’ Union has not officially declared whether it supports the return of former lawmakers to the Council, Gotbaum said support should be given on an individual basis.

For Brewer, witnessing the entire city government – with primaries for all ward presidents, comptroller, public attorney and mayor – prompted her to run for office. new, especially as the city enters a post-pandemic period. She argued that her tenure as Borough President, where she helped pass 20 bills, would translate well for Council.

One of her challengers is Sara Lind, former executive director of “21 in ’21”, a non-profit organization dedicated to helping 21 women get elected to the Board this year. Lind told Gothamist / WNYC that the city has “term limits for a reason,” arguing its novelty as a strength and a flower for Brewer, who has been in office for almost 20 years.

At a recent canvassing event, Lind recalled meeting a voter struck by the same old faces representing the Upper West Side.

“She said, ‘faces haven’t changed, and nothing else hasn’t changed,'” Lind recalls. “I thought it was a pretty good kind of summary. I think it’s important to have new perspectives and new ideas.

The Jim Owles Liberal Democratic Club seems to think so, approving Lind rather than Brewer in January. In a statement announcing its endorsement, the group called Lind a “relentless progressive” who “represents bold new leadership.” Brewer did not accept the outcome of the approval vote, demanding a recount.

Despite this, John Kaehny, executive director of Reinvent Albany, another good government group, supports Brewer’s candidacy. Although the group has not officially endorsed Brewer, Kaehny said the experience should be considered. In an interview with Gothamist, Kaehny said Brewer could make the council “structurally stronger” and help new members navigate the complexities of city government.

“You need inexperienced people who […] have higher expectations, and they want to push harder, and you need more experienced people to help move the process forward and get things done, ”Kaehny said.

Kaehny added that he would be more worried if a quarter of the seats were coveted by former council members.

“But it’s not. It’s just a handful.”

Kaehny also lent his support to Charles Barron, a longtime member of the city’s politics who is now running for his former seat in the 42nd District of Brooklyn Council. The seat is currently occupied by his wife Inez, whose mandate is limited. Eight years ago, the two lawmakers effectively swapped seats, as Inez contested for the council seat after her husband took office in 2013.

The arrangement, which critics call a cynical ploy, pursued Barron throughout the campaign. His decision to race was castigated by Nikki Lucas, a racing challenger, who told City & State magazine that the Barrons “have manipulated the system.”

“No one has seen real deliverables that people are fed up with now,” Lucas told the publication. “So I think they took their course. “

Barron nevertheless remains the main competitor in the race, having obtained the backing of the DC37 and 32BJ SEIU union. He is also the top fundraiser in the race, with $ 307,789 raised and $ 247,755 in cash remaining. In an interview with Gothamist / WNYC, Barron defended his choice to run, arguing that voters in the district were forcing him to do so.

“They wanted me to continue with a loud voice, denouncing the system, against racism, against exploitative capitalism; [I’ve] taken on mayors, speakers and governors, ”Barron said. “And they would love that kind of bold, unbought voice.”

Kaehny said someone like Barron can hold the next mayor to account, given his reputation as “irritating the governor in a good way.”

Barron said that ultimately the law allowed him to run.

“We have the right to race like everyone else,” said Barron.

He stressed that his wife, who had been a member of the Assembly for the same seat he currently occupies, will not be running for her seat.

Elsewhere in Brooklyn, Darlene Mealy seeks to reclaim her old seat from her successor, board member Alicka Ampry-Samuel. The two have had a feud dating back to 2005, when Ampry-Samuel lost his first race to Mealy. On the cusp of a second term, Mealy voted to temporarily extend the terms of office in 2008, allowing Council members at the time to run for a third time. This came after Bloomberg struck a deal with the Council to extend the term so he could run for a third term. After that deal expired in 2017, Mealy was removed from his post for a limited term, paving the way for Ampry-Samuel to win the seat.

Neither Mealy nor Ampry-Samuel returned a request for comment. In April, Ampry-Samuel told NYC Politics, an online publication, that she believed in the democratic process, not “dynasties or monarchies.”

“Term limits are important. I did more in my three years than my predecessor did in twelve years, ”said Ampry-Samuel. “His record in providing resources is just as dismal as mine.”

Similar to Barron, unresolved cases such as updates to zoning laws are also a driving force for Avella’s race for his former 19th Council District seat in Queens. Avella served on the Council from 2001 to 2009 before being elected to the State Senate and joining the controversial Independent Democratic Conference.

“I think since there is a huge turnover in city council, it’s important to have institutional knowledge and experience,” said Avella. “Just because we have experience doesn’t mean we’re not open to new ideas. And we are unable to come up with new ideas.

Despite Avella’s insistence his victory would benefit the Council, Richard Lee, a leading challenger in the race with the backing of unions and current Council members, sees a double standard. He pointed out that Avella voted against the temporary extension of terms in 2008, and criticized another effort in 2017 to extend terms.

“Now he’s made a 180-degree turn and is exploiting a loophole to run for his old seat after failing to deliver for our residents,” Lee said. “New York City voters have passed term limits to weed out career politicians and to ensure we have new ideas and perspectives in government, and it’s disappointing but not surprising to see a career politician go against the spirit of the people to profit from it. “

Although he was previously a board member representing parts of southwest Brooklyn, Sal Albanese is running for a completely different seat, this time in the Staten Island board’s 50th district. Unlike other former Council members vying for a return, Albanese’s tenure away from the body spans 23 years.

“I understand people’s concerns, but this doesn’t apply to me because of my situation,” Albanese said. “I’m running now because I think the city could use people like me on city council.”

Albanese, a registered Democrat, has no main opponent; He will face a Republican challenger in the November general election.

Gotbaum defended Albanese’s tenure on the Council, believing it would succeed in meeting the city’s needs again. She said that with so much turnover, a foundation of skilled lawmakers will be needed to bring the new ones to fruition.

“There are going to be a lot of very new people on the Council, and a lot of them are going to have to spend time learning what it means to legislate,” Gotbaum said.




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When Americans took to the streets because of inflation http://thunderfromunder.com/when-americans-took-to-the-streets-because-of-inflation/ Fri, 11 Jun 2021 12:14:00 +0000 http://thunderfromunder.com/when-americans-took-to-the-streets-because-of-inflation/

By Jon Hilsenrath 

In the fall of 1966, a wave of protests swept across the United States, drawing the attention of Washington politicians, corporate executives and newspaper editors. But these Americans were not expressing their anger at the Vietnam War or racial discrimination. The protests were against rising food prices, and the infantry in what has been described as a “housewives revolt” were largely middle-class women with children. Fed up with the rising cost of living, they marched past supermarkets with signs demanding lower prices, sometimes printed in lipstick.

The picketing began in Denver and spread to other cities, prompting Time magazine to report that the supermarket boycotts were spreading “like butter on a sizzling hotplate.” President Lyndon Johnson’s special assistant for consumption encouraged them, urging protesters to “vote with the dollar”.

Food price marches and boycotts will recur repeatedly over the next decade, targeting the prices of coffee, meat and other commodities. They became part of the social landscape, like the suburban gas lines stretching over blocks and union pickets for cost-of-living wage increases. A local women’s group, the FLP (“For Lower Prices”) from Long Island, New York, had about 1,500 members, according to “Politics of the Pantry,” a book by historian Emily Twarog that documents some of the demonstrations.

Today, after decades of almost invisible inflation in the United States, many Americans have no idea what that looks like. Almost half of America’s population was born after 1981, the last year of double-digit consumer price increases. But America’s long inflation vacation is showing signs of ending. Consumer prices are rising again: The Labor Department’s consumer price index rose 5% in May from a year earlier, the largest increase in more than a decade. History provides some useful lessons.

The stubborn inflation of the late 1960s and 1970s did not happen overnight. It took root over the years, developed through a cascade of political missteps and woes until it took root in the psychology of nearly every American. It would take two deep recessions and new ways of thinking about the economy to bring inflation in this period under control.

The current recovery in consumer prices may not lead to a similar long-term inflation problem. But it may take some political courage on the part of the country’s central bank and other policymakers to ensure that is not the case. Preventing the spread of inflation could also lead to economic hardship.

“The problem is when policymakers are too slow to react to their mistakes,” said Stephen Cecchetti, professor of economics at Brandeis University who worked on the White House Council of Economic Advisers in 1979- 80. His job was to redesign inflation measures that did not properly take into account the evolution of housing costs.

Inflation had happened before, mainly in times of war. Government spending increased to support the fighting. With excess money pouring into banks, businesses and households, and less goods to buy due to production shortages, prices have risen. When war efforts and spending to finance them declined, inflation declined.

In May 1917, just after the United States entered World War I, the Department of Labor’s consumer price index rose 20% from the previous year. After the end of the war, it stabilized during the 1920s. Likewise, the index increased by 13% in 1942, after the entry of the United States into World War II, stabilized thanks to price controls imposed by the government, then jumped 20% in 1947. The index fell in 1949 and then stabilized mostly during the 1950s, with the exception of the Korean War.

The mid-1960s began to look like the old model. Consumer prices began to rise as President Johnson sought to fund the Vietnam War and his Great Society social programs. But as the war unfolded so did creeping inflation. “They haven’t done anything about it,” Cecchetti said.

When Richard Nixon entered the White House in 1969, the annual inflation rate had already fallen to 5%, compared to less than 2% under the Kennedy administration. What followed was more than a decade of mismanagement by Republicans, Democrats and a supporting cast of the Federal Reserve, a critical institution that was meant to be apolitical.

President Nixon tried to deal with the problem by executive order. When meat prices soared in 1973, some compared the ensuing consumer boycott to the Boston Tea Party. The administration has imposed price caps on meat for the second time, and Treasury Secretary George Shultz has urged housewives to try to “shop wisely.” It did not work. Meat prices increased 37% in 1973, 22% in 1975, 24% in 1978 and 27% in 1979.

“I thought a voluntary restraint program might work,” says Barry Bosworth, a senior researcher at the Brookings Institution who was director of Jimmy Carter’s Council on Wage and Price Stability from 1977 to August 1979. “I have to admit that it wasn’t. was a total failure. . ”

Beneath the surface, a more powerful economic force was exerted on the Fed, which controls the country’s money supply. When the central bank injects money into the financial system, two things tend to happen. First, the cost of borrowing – the interest rate – goes down, because the banks have a lot of money and are willing to lend it cheaply. Second, the purchasing power of that money decreases.

Imagine an economy where people only produce and consume oranges; each person earns on average a dollar a day and buys an orange a day. On a typical day, the orange will cost around a dollar. If you keep the production and consumption of oranges stable but put an extra dollar in everyone’s bank account, the only thing that will change is that people will bid on the price of oranges. The purchasing power of a dollar decreases as you increase its supply. It’s inflation.

President Johnson, then President Nixon, harassed the Fed to keep pumping money into the economy and lowering interest rates, believing it would lower unemployment and help their programs economic and electoral prospects. The Fed complied often, but the main effect was to push prices up.

In 1971, for example, the annual inflation rate was still over 4%. Although it showed signs of slowing down, the money supply in household bank accounts and bank loans continued to grow rapidly. The Fed raised interest rates at the start of the year, then abruptly reversed and began cutting them in late summer. Re-election was on President Nixon’s mind, and he was close to Fed Chairman Arthur Burns. “I would never bring that beyond this room: I think I would prefer him to move a little slower now, so he can go up and have a really big wit later,” Mr. Nixon to Mr. Burns about his desire for economic growth in a taped conversation in March 1971.

After the reunion, Burns wrote that his friendship with Nixon was one of the three most important of his life and that he wanted to keep it that way. He also wrote that he wanted the president to know “that there was never the slightest conflict between what was good for the economy and what served the political interests of the RN.”

Ahead of that year’s rate cuts, Nixon’s lieutenants threatened Burns by sowing newspaper articles that the president was considering stacking the central bank with White House supporters and also falsely accusing Mr. Burns to ask for a raise. In addition to threats, they tried to seduce him with gifts, like sunglasses and a Camp David jacket.

“He really played Burns like a yo-yo,” said Jeffrey Garten, a business executive in the Clinton administration whose upcoming book, “Three Days at Camp David,” discusses Mr. Nixon’s decision this year. This is to let the value of the dollar float in world markets, another move that has helped propel inflation.

The value of a dollar against other world currencies had been set at the price of gold after World War II. This meant that other central banks could come to the Federal Reserve and trade their growing dollar reserves – accumulated through their trading gains – for gold at a fixed price. But America’s gold reserves were shrinking as trade surpluses disappeared and dollars went abroad. Fearing the United States might run out of gold, Nixon severed the link in August, pushing the dollar’s exchange rate down.

As a result, the price of imported goods doubled over the next four years. In addition, as world trade in many products was denominated in dollars, exporters of commodities like oil were also under pressure. In October 1973, members of the Organization of the Petroleum Exporting Countries, or OPEC, cut supplies in an oil embargo targeting the West. It was intended to punish countries that supported Israel but also had the economic objective of driving up the price of oil as its dollar value fell.

Relentless inflation has sent the US economy into a leapfrogging game. Workers demanded wage increases to cope with the rising cost of living. Many of them got increases thanks to cost of living adjustments in union contracts. To cope with the rising costs, companies in turn have raised their prices even more. Thus has developed a relatively new concept in the economic lexicon, the “wage-price spiral”.

Economic relations have come out of their old patterns. Some economists believed that when unemployment rose, inflation would fall. Instead, both increased, giving rise to another new term, “stagflation.”

To complicate matters, worker productivity inexplicably slowed, making it harder for the Fed to read where the economy would go next. An influx of women into the labor market has also made it more difficult to decipher a stable unemployment rate. “Technical errors have turned into a disaster,” said Athanasios Orphanides, a professor at MIT Sloan School of Management, who began his career as an economist at the Fed studying what it has done wrong over the years. 1970.

(MORE FOLLOWING) Dow Jones Newswires

June 11, 2021 08:14 ET (12:14 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.


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Brazilian Senate examines how Bolsonaro pressured Modi on behalf of private companies for HCQ http://thunderfromunder.com/brazilian-senate-examines-how-bolsonaro-pressured-modi-on-behalf-of-private-companies-for-hcq/ Fri, 11 Jun 2021 04:45:04 +0000 http://thunderfromunder.com/brazilian-senate-examines-how-bolsonaro-pressured-modi-on-behalf-of-private-companies-for-hcq/

São Paulo: Prime Minister Narendra Modi’s name has been dragged into Brazil’s Parliamentary Commission of Inquiry (ICC) which is investigating President Jair Bolsonaro’s government for its “acts of commission and omission” during the pandemic. The Senate investigation, which is looking at government documents and questioning senior officials, now focuses on how the Brazilian leader lobbied the Indian prime minister by personally calling on him to release the raw material from India. hydroxychloroquine on behalf of two large Brazilian companies.

Since April 27, when the investigation began, Modi’s name has been cited by various senators while raising questions about hydroxychloroquine (HCQ), which has no proven medical efficacy but was touted by Bolsonaro as a “preventative treatment” against COVID-19 infection.

Another area of ​​concern for the Indian pharmaceutical industry, it has been revealed that two senior executives of the Brazilian company Precisa Medicamentos, which represents Bharat Biotech in Brazil, will also be summoned by the committee. On Thursday, the commission unlocked all phones and other telecommunications devices of executives, whose company plans to import Covaxin to Brazil, making them available to CPI for further examination and investigation.

Screenshot of a Brazilian TV news channel.

In an explosive revelation on Thursday, the Globo published newspaper parts of a report which contains the full conversation between Bolsonaro and Modi on April 4, 2020. In the conversation, recorded by the Foreign Ministry and sent to the ICC, Bolsonaro urged the Indian prime minister to “speed up the release of raw material »For two Brazilian companies, EMS and Apsen, for the production of hydroxychloroquine in Brazil. “I’m going to get straight to the heart of the matter. We have had encouraging results in the use of hydroxychloroquine for the treatment of patients with COVID-19, ”said Bolsonaro, asking Modi to speed up the release of raw materials. According to the report, the Brazilian leader did not bother to explain the source of the information on the “encouraging results” to the Indian leader.

The interview between the two leaders has been in the headlines in this country since Thursday morning, their photos appearing side by side on television screens above snippets of their conversation. In the intercontinental chat, Bolsonaro clearly mentioned the name of the Brazilian company. “I am aware of a shipment of 530 kg of hydroxychloroquine sulphate which is in India awaiting authorization from the Indian government. This initial 530 kg shipment is part of a larger order and was purchased by EMS, ”Bolsonaro told Modi during the conversation attended by then Foreign Minister Ernesto Araujo.

The Brazilian leader also made a request on behalf of another Brazilian company, Apsen, to Modi for the release of their expedition, saying it was “a humanitarian appeal that could save many lives in Brazil” . To that, Modi’s response was, “India will certainly do everything possible to help Brazil.

Five days after their phone call, on April 9, 2020, Bolsonaro thanked Modi for authorizing the export of raw materials to Brazil, comparing India’s passage to Lord Hanuman bringing “sanjeevani booti”In the epic of Ramayana. “Just as Lord Hanuman brought sacred medicine from the Himalayas to save the life of Lord Rama’s brother, Laksmana, and Jesus healed those who were sick and restored Bartimeu’s sight, India and Brazil will overcome this global crisis, ”wrote Bolsonaro, whose far-right base includes many evangelical groups in Brazil.

After the Modi government authorized the export of HCQ material in Brazil, Bolsonaro had also posted a thank you to Narendra Modi on a social network. “Our thanks to Indian Prime Minister @narendramodi who, after our phone conversation, the Prime Minister released a shipment of raw material for hydroxychloroquine in Brazil,” Bolsonaro wrote, without naming any of the companies he had mentioned to Modi. .

EMS is the largest manufacturer of generics in Brazil and Apsen is the largest manufacturer of hydroxychloroquine in this country. According to Brazilian media reports, the owners of these two companies are big supporters of Bolsonaro. Apsen president Renato Spallicci openly defended Bolsonaro on social media. However, the two companies officially declared that they only have an “institutional relationship” with the Brazilian government.

Although the parliamentary inquiry examines all aspects of the government’s response to the pandemic, it apparently follows a line that the Brazilian president followed a reckless policy of obtaining herd immunity through infections, so he has ignored demand for vaccines and instead pushed so-called “preventative treatments” like hydroxychloroquine. After Thursday’s revelations, the Senate investigation will certainly be more focused on the export of HCQ from India to Brazil. A few hours on Globo expose, Senator Randolfe Rodrigues, deputy chairman of the commission of inquiry, announced that he would ask for the summons of the top executives of EMS and Apsen, in addition to asking for all their bank and telephone statements – a mine of information under the current circumstances.

Follow the money

There has been a whiff – and rumors – of a scandal in Bolsonaro’s obsession with hydroxychloroquine since the start of the pandemic. In June 2020, it was reported that the Federal Court of Auditors was investigating the purchase of HCQ raw materials at inflated prices from Ipca Laboratories Ltd., based in Mumbai, by a Brazilian company. In January of this year, it was reported that the Brazilian Foreign Ministry had negotiated the purchase of chloroquine from Ipca Laboratories Ltd, which is among the world’s largest manufacturers of hydroxychloroquine, at a time when New Delhi had banned the export of chloroquine from the country.

Now more details – and dirt – are expected to come out as the Senate investigation focuses on these drugs and Bolsonaro’s role in securing a deal with Indian companies. The investigation, which began in April, has sparked unprecedented interest across the COVID-19 ravaged country. Broadcast live on national television, the commission restored a sense of responsibility as key ministers and officials are toasted for hours by the panel, including over the delay in purchasing vaccines and the government’s extreme interest in purchase and hydroxychloroquine – two questions that haunt this country.

The investigation, which will report in a few weeks, has already found that the Bolsonaro government had formed a “parallel cabinet” to make “preventive treatments” their main weapon against the pandemic. With more than 480,000 people killed, millions infected and its economy shattered by the pandemic, the country is awaiting responses from the government. The Senate panel, as it probes the government, appears to be following the money to get to the bottom of the HCQ story. “They bet big on it. We want to know who got the money from it and what was the purpose of these people, ”said Omar Aziz, president of the CPI, on Thursday, adding that he was following four lines of inquiry in the HCQ case which cannot be revealed at this stage stage.

In the coming days, as more and more official documents and reports, bank statements, and details of calls, messages and emails from company executives come to the commission, the commission may open a Pandora’s box. One issue that is likely to dominate the survey – and headlines – is the financing of India’s export orders. It was revealed that the two companies in whose name Bolsonaro called Modi had received huge loans from a public institution, the Banco Nacional de Desenvolvimento Economico e Social (BNDES). “These companies used loans to buy raw material for hydroxychloroquine. Let’s also see if this money was used to buy supplies for ivermectin and other drugs. Public money has been used to advertise these drugs, ”Senator Aziz said Thursday. “We want information on companies that produce chloroquine in Brazil. There’s a lot of weird stuff. President Bolsonaro is promoting these drugs. Why insist on these drugs? asked Senator Aziz.

A dose of trouble

Isolated in the region since coming to power in 2019, Jair Bolsonaro has also quarreled with most European leaders in addition to provoking China with his insane comments. He stuck with Donald Trump when the American was in power. Narendra Modi of India is the only other world leader he has had a relationship with.

Guest as the main guest of the Indian Republic Day celebrations in New Delhi in January 2020, Bolsonaro took every opportunity to show his closeness to the Indian Prime Minister. Bolsonaro invoked Lord Hanuman in his “thank you” note to Modi in April 2020 after India authorized the export of HCQ. The Brazilian leader posted a card with a photo of Lord Hanuman carrying a syringe after New Delhi exported two million doses of Covishield vaccine to Brazil in January 2021, a gesture that created a wave of gratitude for India among Ordinary Brazilians. Ironically, five months later, India is the only country whose name and leader have been repeatedly mentioned during the Senate inquiry in connection with Bolsonaro’s disastrous policies of promoting the HCQ and delaying the vaccines.

Even as the Senate looks at the HCQ angle, the Brazilian company that represents Bharat Biotech in this country has also come under the scanner. The telephone numbers of two representatives of Precisa Medicamentos, Tulio Silveira and Francisco Maximiano, were revealed by the Senate investigation. This means that most of the communications from those executives, who represent the Indian pharmaceutical giant and have negotiated with the Brazilian government on its behalf, will now be seen by the investigation. Senator Alessandro Vieira, member of the commission, asked them to be called to testify at the CPI and to explain the “potential for improvement” realized by the Indian company which signed a contract in February to provide 20 million doses from Covaxin to the ministry. of health. During the ICC hearings, a few senators have already raised questions about how the Brazilian government signed a contract worth 1.614 billion reals (310 million US dollars) even before the Indian serum was approved. by the National Health Surveillance Agency (Anvisa) even as it sat on a proposal from Pfizer whose use of the vaccine had been authorized earlier.

Although Brazil signed a contract for Covaxin in February, the Brazilian health agency denied Bharat Biotech’s “good manufacturing practices” certificate and refused to allow its import into the country in March. On June 5, ANVISA approved only four million doses of the vaccine under very strict conditions. But the vaccine cannot be imported and administered until the end of phase 3 trials in Brazil and the analysis of its reports by ANVISA after two months of the second dose to volunteers. As the trial has not yet started, it will be months before the first dose of Covaxin is introduced in Brazil. At that point, the parliamentary committee would have completed (mid-August) and probably sealed the fate of Covaxin.

Shobhan Saxena and Florencia Costa are independent journalists based in Sao Paulo.


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Zoning for all of Lee County? With a master plan and a Beat 13 vote, the stage is set | Gov. and politics http://thunderfromunder.com/zoning-for-all-of-lee-county-with-a-master-plan-and-a-beat-13-vote-the-stage-is-set-gov-and-politics/ Thu, 10 Jun 2021 21:30:00 +0000 http://thunderfromunder.com/zoning-for-all-of-lee-county-with-a-master-plan-and-a-beat-13-vote-the-stage-is-set-gov-and-politics/

It identifies communities, existing land uses, high traffic corridors, high and low population density areas, open spaces and utility coverage throughout Lee County.

“We’ve done a lot of town halls throughout the process involving the different rhythms and different areas of the county, so that they (the citizens) can own it with us and really help run it. There have been a lot of contributions that way, ”said Kevin Flannagan, founding member of the first planning committee and chairman of the current version.

The plan includes definitions of various land uses, taking into account their historical use and sustainable future development. Land designations include Urban Core, Suburban Core, Suburb, Central Rural, Residential Rural, General Rural, Rural Agriculture, Conservation, Preservation, Corridor, and Special District.

The plan lists future development goals, but it does not impose any strict rules on land use – any zoning changes would be recommended by the planning commission, but would require a public hearing and the approval of the commissioners of the Lee County.

Judge Bill English and Administrator Roger Rendleman discuss some of the issues facing the county commission this year.



The master plan and the planning commission sat on the sidelines for more than a decade. Earlier this year, a group of residents around Beulah in Beat 13 asked for help from the county in preventing CreekWood Resources from establishing a granite quarry on US 29 near Beans Mill.


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Seven years in prison for the mate of the freighter where the authorities in Philly found a record 20 tons of cocaine http://thunderfromunder.com/seven-years-in-prison-for-the-mate-of-the-freighter-where-the-authorities-in-philly-found-a-record-20-tons-of-cocaine/ Thu, 10 Jun 2021 20:44:51 +0000 http://thunderfromunder.com/seven-years-in-prison-for-the-mate-of-the-freighter-where-the-authorities-in-philly-found-a-record-20-tons-of-cocaine/

The mate of an international transport vessel aboard which federal authorities at the Port of Philadelphia seized a record 20 tonnes of cocaine in 2019 is expected to be paid more than $ 1 million for overseeing the smuggling effort, have said federal prosecutors.

The disclosure – a rare glimpse into the economy behind what customs officials described as one of the largest drug seizures in U.S. history – came on Thursday as a federal judge sentenced Bosko Markovic to seven years in prison instead.

Markovic, 39, of Montenegro, was the oldest crew member aboard MSC Gayane arrested by federal authorities after an investigation that extended from the Packer Avenue marine terminal in the Balkans, to the South American coast and to continental Europe. He pleaded guilty to conspiracy charges for drug trafficking last year.

And while some of the other seven indicted crew members, many of whom Markovic recruited into the plot while the Gayane was at sea, have since revealed how much money they expected to be paid by Balkan drug traffickers. funding the illicit shipment, all amounts cited in court records – approximately $ 50,000 to $ 60,000 per participant – were significantly less than the wages offered by Markovic.

“His role was necessary,” said Deputy US Attorney Jerome Maiatico. “A smuggling plan of this magnitude would probably not have been possible without the [Gayane’s] chief officer in the regime.

Yet, as prosecutors described in court Thursday, the hefty windfall Markovic hoped to receive was nothing compared to the $ 1 billion estimate that U.S. officials say the traffickers behind the The effort could have been made if their cocaine had reached its intended destination: the streets of Europe.

READ MORE: Eight crew plead guilty as investigation continues into record 20-ton cocaine bust on Philly ship

Speaking to U.S. District Judge Harvey Bartle III in court, Markovic and his attorney, Benjamin Brait Cooper, told a story similar to those shared by the other members of the Gayane’s crew who have so far been sentenced to prison terms ranging from two to six years. .

Like them, he had grown up in a coastal Montenegrin community known for two main industries – the thousands of crews it supplies to international shipping companies and the violent narcotics gangs that oversee smuggling routes to much of Europe. .

Like four of the others, he says he was approached in the Balkans, even before the Gayane embarked on his 2019 trip by the traffickers seeking to recruit him. The over $ 1 million prize they were offering far exceeded his annual salary by about $ 108,000 per year.

And as the ship’s Mate – responsible, as his lawyer described it, for overseeing “just about everything” relating to the day-to-day operations of the Gayane – Markovic was in a key position to ensure that the loading of the drugs in secret is going as planned. and that the illicit cargo was not detected while the Gayane was moving from port to port.

READ MORE: How Much is 20 Tons of Cocaine?

Using phones he had received in advance, he coordinated with cocaine suppliers in South America to secretly load the white brick-filled duffel bags of speedboats that approached the Gayane. under cover of darkness at several points in its journey between Panama and the Peruvian Coast.

He recruited other crew members to hide the drugs in shipping containers carrying goods such as wine, vegetable extracts, Chilean dried nuts, scrap metal and other legitimate cargo bound for Europe, Africa and Asia.

But when US authorities intercepted the ship as it entered Philadelphia en route to Rotterdam, the Netherlands, it was Markovic and his teammates who had to pay the price.

“Although Mr. Markovic is the chief officer, his role in the offense was quite similar to that of everyone involved in it,” Cooper said. “He was recruited.

Neither Cooper nor the prosecutors specifically identified by whom.

Although federal authorities have said the investigation into the vendors and financiers behind the smuggling effort is continuing, the details of that investigation remain closely watched.

Until the start of this year, cases against many of Gayane’s crew remained under seal. And one of the men – Vladimir Penda, 28, who is serving a six-year sentence for his involvement – claimed when sentenced in April that he only agreed to participate out of fear that the gangs of Balkans who recruited him could make him or his family if he refused.

When a Montenegrin newspaper falsely reported last year that Penda had agreed to cooperate with the US investigation, his family fled their home fearing reprisals from the traffickers, Penda’s lawyer said at the time.

Markovic also made no mention of the organization that hired him when the time came Thursday for him to address the judge.

Instead, speaking in deep, heavily accented English, he said he regretted his involvement and dreamed of returning to Montenegro after his prison term was over.

“The only thing I have left is hope,” he said. “I hope I can look to the future and see my own family soon – and start my own family.”


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“No climate, no deal” – Thursday June 10, 2021 – www.eenews.net http://thunderfromunder.com/no-climate-no-deal-thursday-june-10-2021-www-eenews-net/ Thu, 10 Jun 2021 13:53:44 +0000 http://thunderfromunder.com/no-climate-no-deal-thursday-june-10-2021-www-eenews-net/

Progressives yesterday stepped up a campaign to pressure the White House to pass climate legislation, with several Democrats signaling they would not vote for an infrastructure bill in the absence of important provisions to reduce greenhouse gas emissions.

Talks entered a new phase on Capitol Hill after President Biden this week abandoned negotiations with Senator Shelley Moore Capito (RW.Va.) and moved on to a bipartisan group of lawmakers crafting their own proposal for infrastructure.

But any deal with Republicans, including the bipartisan negotiating group, is unlikely to include the kind of sweeping climate change Biden spelled out in his original $ 2.2 trillion US jobs plan.

The progressive line in the sand could complicate these conversations further and remind the White House that Senator Joe Manchin (DW.Va.) is not the only decisive 50-50 Senate vote.

“If you want to pass an infrastructure plan, there aren’t a lot of Republicans around the table, so you’ll need every Democratic vote to pass an infrastructure plan,” said Sen. Martin Heinrich (DN .M.) Said yesterday during a virtual event with Climate Power. “And I think there is little appetite in the Democratic caucus for an infrastructure plan that ignores the biggest crisis, the most existential crisis we face.”

Heinrich later tweeted that “an infrastructure package that goes light on climate and clean energy should not count on every Democratic vote”.

The line was amplified yesterday on social networks by prominent lawmakers, including Sens. Sheldon Whitehouse (DR.I.) and Michael Bennet (D-Colo.) And Representative Alexandria Ocasio-Cortez (DN.Y.).

Senator Ed Markey (D-Mass.) Free an even more striking version of the warning: “No climate, no deal.” Last night he doubled his stake even more.

It was a sign that many Democrats see an infrastructure bill as the only game in town to tackle climate change, with credits and the mid-season season looming on the horizon.

“I’m still very anxious, and I’m going to stay very anxious until we have a solid 1.5 degree bill and a path to the passage,” Whitehouse told reporters yesterday.

‘Extremely important’

Senator Mitt Romney (R-Utah), who is part of the bipartisan negotiating group, appeared to confirm progressives’ fears about the constraints of a bipartisan infrastructure package, in particular that it would not be able to meet ambitious environmental requirements and far-reaching political reforms they want.

“The Democrats’ agenda on climate change is probably something they’ll pursue, by and large, outside of an infrastructure bill,” Romney said.

Democratic leaders have also raised the possibility, and it remains to be seen whether a bipartisan bill could accompany partisan legislation containing parts of Biden’s proposal that Republicans do not support.

Senate Majority Leader Chuck Schumer (DN.Y.) said this week that Congress could pass a bipartisan measure and a separate Democratic package through a budget reconciliation, which allows some bills to bypass systematic obstruction (Daily E&E, June 9).

But Romney said the bipartisan proposal would include “a number of articles related to climate change.”

“One is related to nuclear power, another to hydrogen, another to direct capture from air, another to CO2 pipelines,” Romney told reporters. “So all of these things have to do with climate change.”

For progressives and climate hawks, this is unlikely to be enough. Bennet said yesterday that a clean electricity standard is an “extremely important” part of a potential infrastructure bill, and Democrats in Congress have pushed for spending on electric vehicles and transmission that are going well beyond what Republicans were willing to offer.

White House climate adviser Gina McCarthy also ruffled feathers this week when she admitted in an interview with POLITICO that some of Biden’s climate proposals – like the clean electricity standard – could drop talks over infrastructure.

Whitehouse said he spoke to people in the administration on Tuesday, but did not detail the conversation or indicate who was on the phone, saying only “they were very helpful as always” .

He also said that despite his climate concerns, he was not concerned about progressive give-and-take in negotiations and that he would withhold judgment until a bill was available for consideration.

“It’s probably wise not to get too excited about alleged elements of an untrained bill,” Whitehouse told reporters. “We have some work to do to prepare a real invoice, and at the end of the day that will be the litmus test.”

Bennet said he was ultimately confident “that we will pass a major infrastructure bill with a strong climate component outside the US Senate.”

“In fact, I think it’s the only infrastructure bill we can pass through the Senate,” Bennet said during the event with Climate Power.

‘Put the probes’

Progressive angst comes after a Tuesday night meeting of the bipartisan infrastructure group, but it’s still unclear when a proposal might emerge.

“We are testing and getting more information from our colleagues on both sides,” Sen. Rob Portman (R-Ohio) said yesterday, adding that the group had yet to finalize a high-level spending figure.

Sen. Bill Cassidy (R-La.), Who spoke with Biden by phone about the effort earlier this week, said it was a work in progress. He described the upcoming proposal as a framework rather than legislative language.

“We have a first type of draft, then you present it to a larger audience and see what they think about it,” he told reporters. “It must be acceptable for both conferences if you want to get 60 votes.”

Cassidy declined to comment on whether the group plans to index the federal gasoline tax to inflation to help pay for its plan, as Republicans proposed at the last Congress to pay for transportation programs. area (Daily E&E, February 14, 2020).

He also declined to say whether the bipartisan group sought to reuse COVID-19 relief funds as payment, a sticking point in talks between Biden and Capito that collapsed this week.

The White House has also opposed the GOP’s proposals to pay for infrastructure through user fees, which poses an additional obstacle to indexing the gasoline tax.

But Sen. Mike Crapo (R-Idaho), the senior finance committee member who was part of the GOP’s failed negotiations with Biden, said yesterday that the White House may have been open to some of the proposals. if a broader agreement had materialized. .

“We didn’t get close enough to get a deal done, obviously, but we identified a number of different options, which I think if we could have come close to how many actual spending might have gone. “he told E&E. News yesterday.

However, Crapo added that the two sides were “still distant” on payments and overall spending levels, not to mention the scope of the package.

Portman suggested yesterday that the next bipartisan proposal would also respect “traditional” notions of infrastructure, but he also signaled his support for electric vehicle infrastructure – a flashpoint in previous discussions.

“The charging station infrastructure is infrastructure,” he said. “But giving businesses $ 100 billion in rebates is not infrastructure.”

Republicans pilloried the $ 174 billion for electric vehicles included in Biden’s $ 2.2 trillion U.S. employment plan as unnecessary, but then counter-offered $ 4 billion for vehicle infrastructure electric.

Meanwhile, the bipartisan House Problem Solvers Caucus – which includes 58 members split evenly between the two sides – is proposing $ 25 billion for EV infrastructure and electric buses as part of a new proposal. $ 1.25 trillion infrastructure.

The eight-year plan includes $ 761 billion in new spending, another point of contention in the failed Biden-Capito talks, with the White House saying the GOP’s latest counter-offer was only a $ 257 billion increase dollars compared to what would be spent anyway.

Problem Solvers’ plan, which does not include a payment, would spend $ 582 billion on roads, bridges and safety; $ 155 billion for public transit; $ 120 billion for freight and passenger rail transport; $ 26 billion for ports; $ 45 billion for resilience efforts; $ 74 billion for water projects, including storage in the West; and $ 71 billion for clean energy.




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Bangladesh to monitor TikTok after girls are lured by traffickers | News on human trafficking http://thunderfromunder.com/bangladesh-to-monitor-tiktok-after-girls-are-lured-by-traffickers-news-on-human-trafficking/ Thu, 10 Jun 2021 07:49:53 +0000 http://thunderfromunder.com/bangladesh-to-monitor-tiktok-after-girls-are-lured-by-traffickers-news-on-human-trafficking/

Surveillance begins on app users after a gang of traffickers who lured girls into the sex trade in India has been dismantled.

Bangladesh began monitoring people using the TikTok video-sharing platform after security forces dismantled a gang of traffickers who lured girls into the sex trade in neighboring India using the application, an official said.

“A large number of TikTok users suspected of being involved in criminal activity are under close surveillance,” ANM Imran Khan, spokesperson for the Rapid Action Battalion (RAB) against crime, said on Wednesday.

The surveillance began after eleven members of an alleged transnational gang were arrested for allegedly trafficking women and girls to the neighboring country using the app.

The traffickers used the app to trick the girls into making them into TikTok models, and ultimately smuggling them into the Indian sex trade in the name of better jobs there, Khan said.

The arrests came after a girl, who managed to escape captivity in India and return to Bangladesh, filed a complaint with the police in Dhaka, and the video of a sexual assault on another girl 22-year-old Bangladeshi girl went viral on social media last month.

In her complaint, the girl accused a certain Rifatul Islam Ridoy, also known as TikTok Ridoy for his expertise in filming videos using the app, of having trapped her in a border district in February, and then smuggled her to India.

She was then taken to the southern Indian city of Bengaluru and forced into the sex trade, police said, according to the complaint.

Ridoy, who was reportedly arrested in India, used to invite young girls to pool parties and video outings in Dhaka and offered them good jobs in call centers, supermarkets or private offices in India, Khandaker Al Moin, another RAB official, told local media.

The transnational gang, he said, has at least 50 members and has smuggled some 500 people to India over the past five years.

Salma Ali, a rights activist, said Bangladeshi security forces should further strengthen online surveillance in order to thwart organized crime such as trafficking.

Her non-governmental organization, the Bangladesh National Woman Lawyers’ Association, which monitors violence against women and children, reported some 533 cases of trafficking in Bangladesh in 2020.

RAB chief Chowdhury Abdullah Al-Mamun suggested on Sunday that Bangladesh should ban apps like TikTok and Likee for a while.


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