Nyxoah to Release Second Quarter and First Half 2022 Financial Results on August 8, 2022

Nyxoah to Release Second Quarter and First Half 2022 Financial Results on August 8, 2022

Mont–Saint–Guibert, Belgium "" July 19, 2022, 10:30pm CET / 4:30pm ET "" Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) ("Nyxoah" or the "Company"), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the second quarter and first half of 2022 on Monday, August 8, 2022, after market close. Company management will host a conference call to discuss financial results that day beginning at 10:30pm CET / 4:30pm ET.

Investors interested in listening to the conference call may do so by registering for a unique personal PIN at the following link: https://register.vevent.com/register/BIfc3a52c9352e4e42958e9d816245b3b9. A live and archived webcast of the event will be available on the Company's investor relations website at https://investors.nyxoah.com/events.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah's lead solution is the Genio system, a patient–centered, leadless and battery–free hypoglossal neurostimulation therapy for OSA, the world's most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors' therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution "" CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
Loc Moreau, Chief Financial Officer
corporate@nyxoah.com
+32 473 33 19 80

Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

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Coinsfera enables visitors to sell USDT in Dubai to buy real estate

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U.S.-Latin America Immigration Agreement Raises more Questions than Answers

A hundred Central American migrants were rescued from an overcrowded trailer truck in the Mexican state of Tabasco. It has been impossible to stop people from making the hazardous journey of thousands of kilometers to the United States due to the lack of opportunities in their countries of origin. CREDIT: Mesoamerican Migrant Movement

A hundred Central American migrants were rescued from an overcrowded trailer truck in the Mexican state of Tabasco. It has been impossible to stop people from making the hazardous journey of thousands of kilometers to the United States due to the lack of opportunities in their countries of origin. CREDIT: Mesoamerican Migrant Movement

By Edgardo Ayala
SAN SALVADOR, Jul 19 2022 – The immigration agreement reached in Los Angeles, California at the end of the Summit of the Americas, hosted by U.S. President Joe Biden, raises more questions than answers and the likelihood that once again there will be more noise than actual benefits for migrants, especially Central Americans.

And immigration was once again the main issue discussed at the Jul. 12 bilateral meeting between Mexican President Andrés Manuel López Obrador and Biden at the White House.

At the meeting, López Obrador asked Biden to facilitate the entry of “more skilled” Mexican and Central American workers into the U.S. “to support” the economy and help curb irregular migration.

Central American analysts told IPS that it is generally positive that immigration was addressed at the June summit and that concrete commitments were reached. But they also agreed that much remains to be done to tackle the question of undocumented migration.

That is especially true considering that the leaders of the three Central American nations generating a massive flow of poor people who risk their lives to reach the United States, largely without papers, were absent from the meeting.

Just as the Ninth Summit of the Americas was getting underway on Jun. 6 in Los Angeles, an undocumented 15-year-old Salvadoran migrant began her journey alone to the United States, with New York as her final destination.

She left her native San Juan Opico, in the department of La Libertad in central El Salvador.

“We communicate every day, she tells me that she is in Tamaulipas, Mexico, and that everything is going well according to plan. They give them food and they are not mistreating her, but they don’t let her leave the safe houses,” Omar Martinez, the Salvadoran uncle of the migrant girl, whose name he preferred not to mention, told IPS.

She was able to make the journey because her mother, who is waiting for her in New York, managed to save the 15,000-dollar cost of the trip, led as always by a guide or “coyote”, as they are known in Central America, who in turn form part of networks in Guatemala and Mexico that smuggle people across the border between Mexico and the United States.

The meeting of presidents in Los Angeles “was marked by the issue of temporary jobs, and the presidents of key Central American countries were absent, so there was a vacuum in that regard,” researcher Silvia Raquec Cum, of Guatemala’s Pop No’j Association, told IPS.

In fact, neither the presidents of Honduras, Xiomara Castro, of Guatemala, Alejandro Giammattei, or El Salvador, Nayib Bukele, attended the conclave due to political friction with the United States, in a political snub that would have been hard to imagine just a few years ago.

Other Latin American presidents boycotted the Summit of the Americas as an act of protest, such as Mexico’s López Obrador, precisely because Washington did not invite the leaders of Cuba, Nicaragua and Venezuela, which it considers dictatorships.

 From rural communities like this one, the village of Huisisilapa in the municipality of San Pablo Tacachico in central El Salvador, where there are few possibilities of finding work, many people set out for the United States, often without documents, in search of the "American dream". CREDIT: Edgardo Ayala/IPS

From rural communities like this one, the village of Huisisilapa in the municipality of San Pablo Tacachico in central El Salvador, where there are few possibilities of finding work, many people set out for the United States, often without documents, in search of the “American dream”. CREDIT: Edgardo Ayala/IPS

More temporary jobs

Promoting more temporary jobs is one of the commitments of the Los Angeles Declaration on Migration and Protection adopted at the Summit of the Americas and signed by some twenty heads of state on Jun. 10 in that U.S. city.

“Temporary jobs are an important issue, but let’s remember that economic questions are not the only way to address migration. Not all migration is driven by economic reasons, there are also situations of insecurity and other causes,” Raquec Cum emphasized.

Moreover, these temporary jobs do not allow the beneficiaries to stay and settle in the country; they have to return to their places of origin, where their lives could be at risk.

“It is good that they (the temporary jobs) are being created and are expanding, but we must be aware that the beneficiaries are only workers, they are not allowed to settle down, and there are people who for various reasons no longer want to return to their countries,” researcher Danilo Rivera, of the Central American Institute of Social and Development Studies, told IPS from the Guatemalan capital.

The Los Angeles Declaration on Migration and Protection states that it “seeks to mobilize the entire region around bold actions that will transform our approach to managing migration in the Americas.”

The Declaration is based on four pillars: stability and assistance for communities; expansion of legal pathways; humane migration management; and coordinated emergency response.

The focus on expanding legal pathways includes Canada, which plans to receive more than 50,000 agricultural workers from Mexico, Guatemala and the Caribbean in 2022.

While Mexico will expand the Border Worker Card program to include 10,000 to 20,000 more beneficiaries, it is also offering another plan to create job opportunities in Mexico for 15,000 to 20,000 workers from Guatemala each year.

The United States, for its part, is committed to a 65 million dollar pilot program to help U.S. farmers hire temporary agricultural workers, who receive H-2A visas.

“It is necessary to rethink governments’ capacity to promote regular migration based on temporary work programs when it is clear that there is not enough labor power to cover the great needs in terms of employment demands,” said Rivera from Guatemala.

He added that despite the effort put forth by the presidents at the summit, there is no mention at all of the comprehensive reform that has been offered for several years to legalize some 11 million immigrants who arrived in the United States without documents.

A reform bill to that effect is currently stalled in the U.S. Congress.

Many of the 11 million undocumented migrants in the United States come from Central America, especially Honduras, Guatemala and El Salvador, as well as Mexico.

While the idea of immigration reform is not moving forward in Congress, more than 60 percent of the undocumented migrants have lived in the country for over a decade and have more than four million U.S.-born children, the New York Times reported in January 2021.

This population group represents five percent of the workforce in the agriculture, construction and hospitality sectors, the report added.

 Despite the risks involved in undertaking the irregular, undocumented journey to the United States, many Salvadorans continue to make the trip, and many are deported, such as the people seen in this photo taken at a registration center after they were sent back to San Salvador. CREDIT: Edgardo Ayala/IPS

Despite the risks involved in undertaking the irregular, undocumented journey to the United States, many Salvadorans continue to make the trip, and many are deported, such as the people seen in this photo taken at a registration center after they were sent back to San Salvador. CREDIT: Edgardo Ayala/IPS

More political asylum

The Declaration also includes another important component of the migration agreement: a commitment to strengthen political asylum programs.

For example, among other agreements in this area, Canada will increase the resettlement of refugees from the Americas and aims to receive up to 4,000 people by 2028, the Declaration states.

For its part, the United States will commit to resettle 20,000 refugees from the Americas during fiscal years 2023 and 2024.

“What I took away from the summit is the question of creating a pathway to address the issue of refugees in the countries of origin,” Karen Valladares, of the National Forum for Migration in Honduras, told IPS from Tegucigalpa.

She added: “In the case of Honduras, we are having a lot of extra-regional and extra-continental population traffic.”

Valladares said that while it is important “to enable refugee processes for people passing through our country, we must remember that Honduras is not seen as a destination, but as a transit country.”

Raquec Cum, of the Pop No’j Association in Guatemala, said “They were also talking about the extension of visas for refugees, but the bottom line is how they are going to carry out this process; there are specific points that were signed and to which they committed themselves, but the how is what needs to be developed.”

Meanwhile, the Salvadoran teenager en route to New York has told her uncle that she expects to get there in about a month.

“She left because she wants to better herself, to improve her situation, because in El Salvador it is expensive to live,” said Omar, the girl’s uncle.

“I have even thought about leaving the country, but I suffer from respiratory problems and could not run a lot or swim, for example, and sometimes you have to run away from the migra (border patrol),” he said.

Abortion in Canada—Legal for Decades But Hindered by Stigma

While abortion in Canada has been legal for decades, procuring one is difficult for many. Credit: Gayatri Malhotra/Unsplash

While abortion in Canada has been legal for decades, procuring one is difficult for many. Credit: Gayatri Malhotra/Unsplash

By Juliet Morrison
Ottawa, Jul 19 2022 – Toronto resident Miranda Knight describes her abortion experience as relatively simple. After finding out she was pregnant on a Wednesday in 2017, she booked an appointment at an available clinic and got one for the following Monday. She had the procedure that day and left the clinic by noon.

But Knight’s experience is not the reality for all. As Canada’s most populous city, Toronto has several access points to abortion. Despite abortion being legal nationwide since 1988 and officially treated like any other medical procedure, many other parts of the country do not have access points.

The United Nations has highlighted this disparity. A 2016 report from the Committee on the Elimination of Discrimination Against Women encouraged the Canadian government to improve the accessibility of abortion services nationwide.

According to the Abortion Rights Coalition of Canada (ARCC), fewer than one in five hospitals offer the procedure.

ARCC Executive Director Joyce Arthur said access could be a real struggle for those living outside cities or far from the US border. Most access points are found within less than 150 kilometers of a town, where most Canadians live.

“As soon as you’re away from the city, or up north, you often might have to travel for services, sometimes hundreds of kilometers, and even sometimes for medication. Access is pretty good in British Columbia, Ontario, and Quebec […], but the rest of the provinces only have one or two or three or four access points. It’s just not enough,” she said.

Abortion access differs by province partly because healthcare in Canada is a provincial responsibility. According to 2019 figures, Quebec has the highest number of access points with 49 province-wide, while Newfoundland and Labrador have four and Saskatchewan has three.

August 2019 with information from the 2014 Abortion Provider Survey

Abortion in Canada by province. The data was published August 2019 with information from the 2014 Abortion Provider Survey. Credit: Action Canada for Sexual Health and Rights

Healthcare disparities among rural and urban communities are a significant issue in Canada—especially considering the country’s geography. But Arthur told IPS that unequal abortion access went beyond that.

“Canada is a really big country geographically, so other health care procedures might be hard to access, and people have to travel sometimes. But abortion is a very simple procedure. Early-first trimester abortion can be done on an outpatient basis and doesn’t really require a lot of special equipment. Why aren’t more hospitals doing it?”

Arthur believes the culprit is stigma from the anti-choice movement.

“Much of this is due to remaining abortion stigma from before it was de-criminalized. The anti-choice movement has continued to play a big role in reinforcing that stigma and instilling fear in providers. There’s still this feeling of silencing and shame, which comes from abortion stigma,” she said.

Arthur explained it was not that long ago that doctors would get shot for performing abortions in Canada. From the late 1970s until the mid-1990s, there were several instances of violence against physicians in their own homes.

“That permeates on various levels, not just at the level of the doctor or the patient, but also in government and in medical organizations who would rather just not have to deal with abortion and not have to think about it,” she said.

Disparities in access have led community organizers to step up and help those in need get care.

Shannon Hardy, a birth doula, founded Abortion Support Services Atlantic (ASSA) in 2012 after encountering issues related to abortion access across the Atlantic provinces.

“Some things came across my desk about lack of access in Prince Edward Island. And I didn’t actually know that PEI didn’t offer abortion services, like the entire island for 32 years just didn’t offer it. […] It kind of blew my mind,” she said.

People wanting to terminate their pregnancy can contact ASSA for information, peer support, transport to abortion clinics, or even financial help for travel. In these cases, Hardy told IPS that ASSA would often fundraise to pay for gas, hotels, or flights.

Support services are beneficial for those encountering stigma, Hardy said.

“When a person is facing an ill-timed or unwanted pregnancy, they can immediately feel a stigma around seeking abortion care. Who is safe to reach out to? Will people judge me? Will my doctor/medical center offer me care? My goal for creating ASSA was to have a place […] where anyone seeking abortion care could reach out and help would just be there.”

Hardy’s work has spearheaded a movement. Many other doula organizations have popped up across the country with a similar model. They also often collaborate with national abortion advocacy organizations to help people access the procedure in circumstances that require on-the-ground coordination and support.

Yet, Hardy believes that the need for organizations like ASSA point to critical access issues across the country and inaction at government levels.

“It’s been frustrating that there’s not more access. We, as a grassroots organization, are the ones responsible for getting people from one small town to access abortion instead of the healthcare system stepping in and saying, ‘you know what, we actually have the resources to offer that medical service. So, we’re just going to do that to make life easier’,” she said.

Proportion of hospitals providing abortions to female population. Credit: Action Canada for Sexual Health and Rights

The proportion of hospitals providing abortions to the female population. Credit: Action Canada for Sexual Health and Rights

Working in Alberta, one of Canada’s most socially conservative provinces, Autumn Reinhardt-Simpson is familiar with how attitudes on abortion can impact care. She founded Alberta Abortion Access Network to help those across the province in 2015.

Reinhardt-Simpson told IPS that those in rural areas face increased access issues because their care is more dependent on the “private moral concerns” of the health care professionals in their area.

This can make trying to get an abortion more complicated, she explained. Many physicians and pharmacists are either unwilling to offer reproductive health services or unaware of their legality.

In one case, Reinhardt-Simpson had to visit ten different pharmacies to find one that stocked Mifegymiso—the abortion pill that became legal in 2017.

“They were saying things like, ‘Oh well, we can’t dispense this, or this isn’t legal yet. Or well, we can’t get the medication.’ And it’s like no, no, that’s not how this works,” she said.

Alberta has only four access points for surgical abortions, all in its cities. Along with another helper, Reinhardt-Simpson services the whole of Alberta’s 661,848 km² (411, 253 mi²) and helps people access abortion services.

In her view, the stigma around abortion care is detrimental. It can even be physically harmful—particularly for those in later trimesters desperate for solutions.

“The stigma is preventing thousands of Albertans from receiving critical and routine health care. Because there are so many hoops to jump through, some people will get tired of those hoops, and they will try to do something themselves. It doesn’t usually end well. […] the stigma is physically dangerous, it’s emotionally harmful, and culturally it does us no good,” she said.

Being familiar with reproductive justice issues as a community organizer, Knight feels compelled to share her abortion story to combat stigma and normalize the procedure.

She’s currently developing a storytelling project that will feature diverse abortion experiences. Knight told IPS the project’s proceeds would go to improving access across Canada. She hopes to help to improve access for others, considering how essential the procedure was for her.

“My prevailing feeling about the whole thing was just relief. I don’t want to live in an alternate universe where I didn’t have access to abortion. My life would be very different now,” she said.

IPS UN Bureau Report

 


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Smallholder Farmers in Uganda Recruit Black Soldier Fly for Green Fertiliser

Abbey Lubega inside the larvae hatchery unit. Simple tools are used to harvest the larvae and frass. Credit: Wambi Michael/IPS

Abbey Lubega inside the larvae hatchery unit. Simple tools are used to harvest the larvae and frass. Credit: Wambi Michael/IPS

By Wambi Michael
Kampala & Kayunga, Jul 19 2022 – The conflict in Ukraine has led to an increase in fertiliser prices in Uganda and neighbouring Kenya. Amidst the shortages, some farmers are shifting to a more sustainable way of enriching their soils using frass from the Black Soldier Fly.

Before Russia invaded Ukraine, Marula Proteen Hub, based in Kayunga in central Uganda, mobilised farmers to produce Black Soldier Fly larvae (BSF). But many, especially the elderly, were hesitant.

“I wondered what they will think of me keeping maggots? Some, however, accepted. So, they have been keeping those maggots from which we make animal feed and now, quality fertiliser too,” said Abbey Lubega, the overseer of Marula Proteen Hub in Kangulumira sub-county.

About one thousand farmers in Kayunga have been mobilised to rear the maggots, which they sell to the hub either in cash or in exchange for organic fertiliser.

“Farmers have waste on their farms. So, we give them BSF systems for rearing the larvae. We also give them five-day-old larvae. The larvae eat through waste collected from homes. After eight days, they sell us the mature larvae or feed their livestock. There is also that option. Then they retain fertiliser for their garden,” said Lubega in an interview with IPS

“What the farmers are looking for, besides this income from the larvae, is the fertiliser produced on their farms. They can produce whatever quantities they want. It is quick, it is reliable,” explained Lubega

Marula Proteen Hub is situated below a pineapple and jackfruit processing plant to tap into the waste generated as feedstock for the larvae rearing. A pungent smell of ammonia fills the air as one enters the larvae hatchery section, where five-day-old larvae eat through waste.

“These larvae are eating. They are defecating. The ammonia that you are smelling is emanating from frass,” explained Lubega

Harriet Nakayi harvests BSF Larvae in Kangulumira Kayunga District.

Harriet Nakayi harvests BSF Larvae in Kangulumira Kayunga District.

Harriet Nakayi lives in Namakandwa Parish, close to 75 kilometres east of Uganda’s capital Kampala. She is one of the women in this area trained to sustainably produce BSF larvae for animal proteins and frass fertiliser for their crops.

With her three-year-old daughter standing by, Nakayi scoops larvae from black containers and pours them onto a metallic net to separate them from the decomposed brown substances that look like loam soil. The larvae are about to be taken to the hub for sale. The frass and compost material are ready to be applied in her coffee, vanilla, and banana gardens.

She told IPS that frass from BSF is much easier to apply when compared with farmyard manure.

“This fertiliser does not burn the plants. So unlike manure which you have to wait for some time, you can take this one immediately to the garden,” said Nakayi

Like Nakayi, Solomon Timbiti Wagidoso, a pineapple farmer, said he applied BSF fertiliser to one of his gardens and that their growth seems to point to a better harvest.

“The government said it would manufacture our fertiliser, but I’m told that project is on a standstill. We now depend on imported fertiliser whose cost keeps on increasing,” said Timbiti

According to Timbiti, the price of fertiliser has increased since late 2020. The war in Ukraine now exacerbates the high prices.

By early April, fertiliser prices had more than doubled in Kenya, Uganda, and Tanzania. The three countries and the rest of East Africa depend on imports from Russia and Belarus.

Researchers in Uganda and Kenya found that ‘the composting process of black soldier fly frass fertiliser takes five weeks compared to the 8–24 weeks for conventional organic fertiliser.

Frass, a by-product of BSF rearing, has been found to contain substantial amounts of nutrients that can fertilise the soil. Lubega scoops frass from one of the containers with his hands. Tiny maggots are still crushing the waste that now looks like fine loam soil.

“It’s almost powder, as you can see. It is very fine,”  said Lubega. “Manure from cow dung is good, but that from goat manure is better. That from chicken is better than that of a goat. So how about the larvae that are the smallest. So, we see that the smaller the animal, the better the manure.”

Lubega explains to IPS that Black Soldier Fly larvae can break the substrates to make the nutrients available to the plant.

“Inorganic fertilisers give you the nutrient the plant needs, but organic fertilisers improve the soil health. They reduce that dependency. If I buy inorganic fertiliser for this season, I have to go back and buy more for the next season. You will need to apply inorganic fertiliser throughout your entire life,” he added.

He said organic fertilisers are better suited for smallholder farmers, like those in Kangulumira, who cannot afford to buy inorganic fertilisers.

“And if you look at the cost-benefit analysis, why would I buy inorganic fertiliser if I’m going to need it all the time? It not different from teaching me how to fish and giving me fish,” added Lubega.

Rucci Tripathi, the global Practice Lead Resilient Livelihoods at international development charity VSO with an office in Uganda and several other countries, told IPS that there is a need for a strategy for farmers and developing countries to shield farmers from the current fertiliser, fuel and food prices crisis.

Tripathi said there was a need to invest in supporting community initiatives on the production of natural manure, including feeding the soils through having a crop cover such as hay and planting nitrogen-fixing plants.

“This reduces farmers’ dependence on imports of chemical fertilisers, which is good for farmers’ incomes and soil health. We see many such small-scale initiatives across Zimbabwe to Uganda to Kenya,” she said

Researchers at the International Centre of Insect Physiology and Ecology (Icipe) have revealed that adopting insect bioconversion technology can recycle between two and 18 million tonnes of waste into organic fertiliser worth approximately 9–85 million US dollars per year.

The researchers, who include Dr Sevgan Subramanian, Dr Chrysantus Mbi Tanga and Denis Besigamukama, recently published an article titled “Nutrient quality and maturity status of frass fertiliser from nine edible insects”.

They observed that although the use of organic fertiliser is acceptable and affordable to farmers, there has been limited uptake in Sub-Saharan Africa due to poor quality, long production time, and limited sources of organic matter on the farm.

“Thus, there is a need to explore alternative sources of organic fertilisers that are readily available, affordable and of good quality, such as insect frass fertiliser,” they wrote.

Dr Debora Ruth Amulen, the founder of the Centre for Insect Research and Development, based in Kampala, told IPS that there is a need to sensitise farmers about the animal proteins and fertiliser generated from BSF.

“It is useful on our farms. It’s also a useful tool for our environment. We have a lot of manure from cattle and livestock. They are producing a lot of greenhouse gases. The Black Soldier fly has been found useful in compositing urban waste,” explained Amulen, also a lecturer at Makerere University

“It is a very simple technology that even those that have not gone to school can apply. And it’s very cost-effective.”

IPS UN Bureau Report

 


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Sri Lanka: Why a Feudal Culture & Absence of Meritocracy Bankrupted a Nation

Credit: Sunday Times, Sri Lanka

By Charles Seevali Abeysekera
BROMLEY, UK, Jul 19 2022 – Sri Lanka is officially bankrupt and a failed state in all but name. How did a country of 22 million people with a level of literacy on par with most of the developed world end up in such a dire position where the state coffers did not have the measly sum of 20 million dollars to purchase fuel to keep the country functioning beyond the next working day?

Whilst the vast majority of the population have concluded that the blame for this economic armageddon is due to the gluttony of corruption and greed, instigated and enabled by the Rajapaksa family , its acolytes and sycophantic nodding dogs, my own assessment is different.

It is a fact that vast sums , amounting to billions of dollars, were indeed stolen and moved overseas through various illegal networks by the Rajapaksa clan and their accomplices.

Many billions were also squandered on gargantuan white elephant vanity projects in order to glorify the Rajapaksa legacy. However, the seeds for the bankruptcy were sown when the country attained its independence from Great Britain in 1948.

Sri Lanka proudly proclaims itself as one of the oldest democracies in Asia which has had a functioning democracy since 1948. The democratic process has functioned like it should do and parliamentarians elected as they should be and the leaders who represent the aspirations and values of the people appointed as they should be.

Why then has the country reached this abyss?

For democracy to enrich the lives of the people and bring about economic prosperity, two essential and fundamental criteria have to be satisfied. The election of individuals based on merit and the adherence to a universal justice system.

In the absence of meritocracy and a universal justice system, democracy becomes meaningless – an utterly futile process which will not achieve what it is intended for.

Meritocracy is however an alien concept in Sri Lanka!

A universal justice system does not exist in Sri Lanka!

Meritocracy does not exist in Sri Lanka because the cultural DNA is that of a feudal society. Sri Lankan culture promotes race, religion, nepotism, old school connections, social connections, social influences, political influences and servitude (where one class of people are held in perpetual bondage or servants for life ) over and above the attributes and qualities of the individual.

That is a primitive mindset and a recipe for disaster.

In Sri Lanka, people are judged not by the content of their character but by their race, their religion, their socio-economic background, their family connections, the schools they attended, where they live, and who they know. (with apologies to the Rev Martin Luther King for using his words in a manner he did not intend)

When a society functions in such a feudal manner, such values permeate throughout and has a direct correlation with the workings of the justice system. The justice system replicates the culture and ultimately ends up being not fit for purpose.

If a justice system is unable to function based on facts and objectivity, the fabric of society slowly starts to tear apart because the checks and balances needed for a society to progress and for nations to grow, slowly start to dissipate.

Since 1948, Sri Lankan democracy has existed on the basis of nepotism, feudal, racial and religious criteria.

The feudal culture masquerading as democracy has elected the Senanayake family, the Bandaranaike family, the Premadasa family and the Rajapaksa family into the highest offices of the land.

The singular qualification that Prime Minister Dudley Senanayake had was that he was the son of the father.

The singular qualification Prime Minister Mrs Bandaranaike had was that she was the wife of the husband

The singular qualification President Chandrika B had was that she was the daughter of the father and the mother

The singular qualification that Prime Minister Ranil Wickremesinghe (now acting President) has is that he is the nephew of President JR Jayewardene.

The singular qualification that Sajith Premadasa has is that he is the son of the father

The singular qualification Gotabaya Rajapaksa has is that he is the brother of Mahinda

The singular qualification Namal has is that he is the son of the father

The singular qualification Basil has is that he is the brother of Mahinda and Gotabaya.

The singular qualification Thondaman had was that that he was the son of the father.

And this is called Democracy?

This is a banana republic in all but name where Nepotism is the ultimate passport to success – and all done through the ballot box !

This is a culture of entitlement masquerading as democracy , which in turn has given birth to a nation whose leaders are elected not by the content of their character but by their name and association.

It is the equivalent of death by a thousand cuts for what has been spawned is a society where quality has been superseded by mediocrity at best and incompetence at worst.

The end result is the economic armageddon that has destroyed the country.

When leaders of a nation are elected in such a manner, those who serve them and the very fabric of society itself replicates the structural fault line that promotes feudal nepotistic values. It becomes self-fulfilling, promotes mediocrity, encourages malpractice, and creates a culture of corruption.

The legal system, which on paper is there to oversee the rule of law, sadly becomes an extension of the structural fault line which then ensures that impunity and immunity against corruption , theft or even murder, becomes standard operating procedure.

Einstein’s definition of “insanity” is where he states that if we do the same thing over and over again, we end up with the same result. Sri Lanka’s sham democracy since 1948 has been exactly that. A culture based on feudal nepotistic values which enables the same results over and over again.

The people of Sri Lanka must break this vicious cycle if they are ever to escape from the death spiral they have created for themselves.

The critical mass of people who have recently demonstrated for structural change and the complete transformation of government and governance, have achieved more in the last few months than most of the corrupt incompetent deluded half-wits in parliament ever will.

A fundamental new approach to governance based on competence and the rule of law is a pre-requisite to stop Sri Lanka disintegrating into anarchy and chaos.

Does real democracy exist in Sri Lanka ? No !

Real democracy in Sri Lanka doesn’t exist because the culture prevents those with real ability and competence from being elected on merit alone. The vast majority of the electorate simply doesn’t understand that real democracy that provides a positive outcome is based on merit, first, second and last.

It is also unlikely that the majority of the electorate will understand this any time soon.

Can the country find a leader that replicates Singapore’s Lee Kuan Yew ? It is imperative that it does find such a leader who leads by example and who creates a structural transformation of society itself where honesty, integrity and the adherence to the rule of law becomes sacrosanct .

However, does such a leader exists within the current crop of parliamentarians? If not within in parliament , then where ?

A leader who will also ensure that all those who have been culpable in this bringing about this catastrophe are forced to change their ways as well as bringing to justice those who have systematically looted and stolen the countries’ wealth – politicians and non-politicians .

Does a universal justice system exist in Sri Lanka – No !

A justice system in a secular democracy has to be independent of parliament. The justice system is meant to be independent of state machinery and should not be influenced by state operatives.

However, in Sri Lanka the parliament overrules and effectively instructs how the justice system should act which in turn makes the whole system corrupt and not fit for purpose.

The country has huge numbers of legal eagles with more qualifications than they have had hot dinners and who know the finer points of the law better than most in the world.

However, they are rendered impotent and toothless because they are beholden to the political masters they serve – either through choice or otherwise.

The corrosive and toxic nature of a feudal culture which promotes false values over merit and the rule of law ensures even the greatest minds of the land are reduced to corrupt sycophantic nodding ponies.

The legal system in Sri Lanka is also an organised money printing racket where the ordinary citizen or client is entirely at the mercy of the corrupt and dysfunctional bureaucracy.

Those who operate within the system make the equivalent of monopoly money by effectively fleecing the unsuspecting and manipulating a system that is not fit for purpose.

As I write this , the elected leader of the country whose policies and incompetence were the catalyst for the economic meltdown, has fled overseas – the ultimate ” runner viruwa ” !

The man appointed as the acting leader of the nation is one whose party has a single seat in parliament – his own ! And that too not due to electoral votes but due to a corrupt system which enables ” grace and favour ” appointments to parliament.

Such is the abyss that Sri Lanka is in.

What truly beggars belief is that there are millions in the country who still believe that this corrupt rotten s–t show of a system can still be tweaked here and there and made to work.

It cannot and the saddest reality of all this is that millions of Sri Lankans will still cling to their delusional sense of self-importance and righteousness and even at this point where mass starvation is a real possibility, carry on repeating the same mistakes over and over again.

A country whose majority population follows the teachings of one of the greatest philosophers the world has known, is simply incapable of understanding some of the most basic lessons the great sage from Lumbini taught – honesty, integrity, introspection, reflection and truth !

If however, a NEW set of leaders with competence, honesty and integrity, whose primary purpose is to serve the people, can be found within parliament, within the Aragalaya movement , within the commercial sector or a combination of individuals from all three , there is still hope for Sri Lanka.

If however the same corrupt incompetent rotten thieves who still occupy positions of huge powers are allowed to maintain the status quo , the failed state that is Sri Lanka will descent into complete anarchy and bloodshed.

At the end of all that, arising out of the ashes, there will be a breakaway part of the country ………called Eelam !!!!!!!!

Charles Seevali Abeysekera, a semi-retired sales and marketing professional, has worked in the UK mailing industry for over 35 years. He also scribes a blog on current affairs as well as reflections and thoughts on his own life journey “

IPS UN Bureau

 


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Reject CPTPP, Stay out of New Cold War

By Jomo Kwame Sundaram and Anis Chowdhury
KUALA LUMPUR and SYDNEY, Jul 19 2022 – Joining or ratifying dubious trade deals is supposed to offer miraculous solutions to recent lacklustre economic progress. Such naïve advocacy is misleading at best, and downright irresponsible, even reckless, at worst.

TPP ‘pivot to Asia’
US President Barack Obama’s ‘pivot to Asia’ after his 2012 re-election sought to check China’s sustained economic growth and technological progress. Its economic centrepiece was the Trans-Pacific Partnership (TPP).

Jomo Kwame Sundaram

But the US International Trade Commission (ITC) doubted the Washington-based Peterson Institute for International Economics (PIIE) and other exaggerated claims of significant TPP economic benefits in mid-2016, well before US President Donald Trump’s election.

The ITC report found projected TPP growth gains to be paltry over the long-term. Its finding was in line with the earlier 2014 findings of the Economic Research Service of the US Department of Agriculture.

Meanwhile, many US manufacturing jobs have been lost to corporations automating and relocating abroad. Worse, Trump’s rhetoric has greatly transformed US public discourse. Many Americans now blame globalization, immigration, foreigners and, increasingly, China for the problems they face.

Trump U-turn
The TPP was believed to be dead and buried after Trump withdrew the US from it immediately after his inauguration in January 2017. After all, most aspirants in the November 2016 election – including Hillary Clinton, once a TPP cheerleader – had opposed it in the presidential campaign.

Trump National Economic Council director Gary Cohn has accused presidential confidantes of ‘dirty tactics’ to escalate the trade war with China.

Cohn acknowledged “he didn’t quit over the tariffs, per se, but rather because of the totally shady, ratfucking way Commerce Secretary Wilbur Ross and economic adviser Peter Navarro went about convincing the president to implement them.”

Cohn, previously Goldman Sachs president, insisted it “was a terrible idea that would only hurt the US, and not extract the concessions from Beijing Trump wanted, or do anything to shrink the trade deficit.”

Anis Chowdhury

But US allies against China, the Japanese, Australian and Singapore governments have tried to keep the TPP alive. First, they mooted ‘TPP11’ – without the USA.

This was later rebranded the Comprehensive and Progressive TPP (CPTPP), with no new features to justify its ‘progressive’ pretensions. Following its earlier support for the TPP, the PIIE has been the principal cheerleader for the CPTPP in the West.

Although US President Joe Biden was loyal as Vice-President, he did not make any effort to revive Obama’s TPP initiative during his campaign, or since entering the White House. Apparently, re-joining the TPP is politically impossible in the US today.

Panning the Trump approach, Biden’s US Trade Representative has stressed, “Addressing the China challenge will require a comprehensive strategy and more systematic approach than the piecemeal approach of the recent past.” Now, instead of backing off from Trump’s belligerent approach, the US will go all out.

Favouring foreign investors
Rather than promote trade, the TPP prioritized transnational corporation (TNC)-friendly rules. The CPTPP did not even eliminate the most onerous TPP provisions demanded by US TNCs, but only suspended some, e.g., on intellectual property (IP). Suspension was favoured to induce a future US regime to re-join.

Onerous TPP provisions – e.g., for investor-state dispute settlement (ISDS) – remain. This extrajudicial system supersedes national laws and judiciaries, with secret rulings by private tribunals not bound by precedent or subject to appeal.

Lawyers have been advising TNCs on how to sue host governments for resorting to extraordinary COVID-19 measures since 2020. Most countries can rarely afford to incur huge legal costs fighting powerful TNCs, even if they win.

The Trump administration cited vulnerability to onerous ISDS provisions to justify US withdrawal from the TPP. Now, citizens of smaller, weaker and poorer nations are being told to believe ISDS does not pose any real threat to them!

After ratifying the CPTPP, TNCs can sue governments for supposed loss of profits due to policy changes – even if in the national or public interest, e.g., to contain COVID-19 contagion, or ensure food security.

Thus, supposed CPTPP gains mainly come from expected additional foreign direct investment (FDI) due to enhanced investor benefits – not more trade. This implies more host economy concessions, and hence, less net benefits for them.

Who benefits?
Those who have seriously studied the CPTPP agree it offers even fewer benefits than the TPP. After all, the main TPP attraction was access to the US market, now no longer a CPTPP member. Thus, the CPTPP will mainly benefit Japanese TNC exports subject to lower tariffs.

Unsurprisingly, South Korea and Taiwan want to join so that their TNCs do not lose out. China too wants to join, but presumably also to ensure the CPTPP is not used against it. However, the closest US allies are expected to block China.

The Soviet Union sought to join NATO in the 1950s before convening the Warsaw Pact to counter it. Russian President Vladimir Putin also tried to join NATO years after Vaclav Havel ended the Warsaw Pact and Boris Yeltsin dissolved the Soviet Union in 1991.

Unlike Northeast Asian countries, Southeast Asian economies seek FDI. But when foreign investors are favoured, domestic investors may relocate abroad, e.g., to ‘tax havens’ within the CPTPP, often benefiting from special incentives for foreign investment, even if ‘roundtrip’.

Stay non-aligned
The ‘pivot to Asia’ has become more explicitly military. As the new Cold War unfolds, foreign policy considerations – rather than serious expectations of significant economic benefits from the CPTPP – have become more important.

Trade protectionism in the North has grown since the 2008 global financial crisis. More recently, the pandemic has disrupted supply chains. With the new Cold War, the US, Japan and others are demanding their TNCs ‘onshore’, i.e., stop investing in and outsourcing to China, also hurting transborder suppliers.

Hence, net gains from joining the CPTPP – or from ratifying it for those who signed up in 2018 – are dubious for most, especially with its paltry benefits. After all, trade liberalization only benefits everyone when ‘winners’ compensate ‘losers’ – which neither the CPTPP nor its requirements do.

With big powers clashing in the new Cold War, developing countries should remain ‘non-aligned’ – albeit as appropriate for these new times. They should not take sides between the dominant West and its adversaries – led by China, the major trading partner, by far, for more and more countries.

IPS UN Bureau

 


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LeddarTech Appoints David Torralbo, a Seasoned Corporate Lawyer, as Chief Legal Officer

QUEBEC, July 19, 2022 (GLOBE NEWSWIRE) — LeddarTech , a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the appointment of Mr. David Torralbo as Chief Legal Officer on June 20, 2022.

David has over 20 years of experience specializing in corporate and securities law, public and private M&A, corporate governance, litigation and risk management. Most recently, he served as Chief Legal Officer at Nouveau Monde Graphite (NYSE: NMG and TSXV: NOU) and, before that, as Chief Legal Officer of Atrium Innovations from 2011–2019. Before Atrium, David was a partner in the corporate group at Davies, Ward, Phillips & Vineberg. Earlier in his career, David was an associate in the London, UK office of Clifford Chance and a member of its debt and capital markets team.

David earned his Bachelor of Civil Law (LL.L.) and common law (LL.B.) at the University of Ottawa and has a Bachelor of Commerce (B.Com) from McGill University. He is a member of the Quebec Bar and holds a non–practicing certificate from the Law Society of England & Wales.

"It is a pleasure to welcome David Torralbo as our Chief Legal Officer," stated Charles Boulanger, CEO of LeddarTech. "David's expertise in mergers and acquisitions as well as his vast experience and passion for practicing law in the private and public sectors make him an excellent addition to our executive team," Mr. Boulanger continued. "LeddarTech has, in the past two years, made significant acquisitions enabling the company to accelerate our technology roadmap, particularly in sensor fusion and perception. This was a strategic objective, and David's background strongly complements our executive team's dedication to executing on our strategic plan and commitment to exceptional customer service with truly unique sensing solutions that enable ADAS and AD technology," Mr. Boulanger concluded.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end–to–end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost–effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision, a raw–data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1–2 automotive suppliers with key technology building blocks such as LeddarSteer digital beam steering and the LeddarEngine, which is built on LeddarTech's Leddar technology employing patented signal acquisition and processing techniques to generate a richer and cleaner return signal at a lower cost. The LeddarEngine comprises a highly integrated, scalable LiDAR SoC and software combination that enables LiDAR developers and Tier 1–2 automotive suppliers to design their own LiDAR solutions. The company is responsible for several innovations in cutting–edge automotive and mobility remote–sensing applications, with over 120 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice–President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1–418–653–9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.


Digital Record-Keeping Eases the Burden of Mongolian Herders

Herder D. Chimiddulam waits at home for her son, who is looking for missing livestock. Credit: Namuunbolor Tumur-Ochir/IPS

Herder D. Chimiddulam waits at home for her son, who is looking for missing livestock. Credit: Namuunbolor Tumur-Ochir/IPS

By Namuunbolor Tumur-Ochir
BAT ULZII DISTRICT, Mongolia, Jul 19 2022 – “My son went after his cow. He will come soon. Our work starts as soon as the sun rises — milking the cows, herding the sheep, rearing the calves, and on it goes. There is nothing more difficult than losing cows and calves on hot summer days,” says herder D. Chimiddulam, standing in green grass on one side of a tall wooden fence, looking at dozens of black and white sheep and goats in the enclosure.

Chimiddulam was born and has been raising livestock for more than 40 years in Bat-Ulzii district, 452 km southwest of Mongolia’s capital city Ulaanbaatar. During those decades she has spent many hours tracking down her wandering animals, but thanks to a new digital record-keeping project she can now find her livestock much faster.

Nearly 200,000 animals were fitted with an ear tag that has a unique number and barcode. Each code is entered in a database. The result: when it is time to sell, locate or simply learn the background of a particular animal, the information is available online

Bat-Ulzii is one of four districts in Uvurkhangai Province to host the web-based Animal Identification and Registration system (AIRS), managed by the Ministry of Food, Agriculture and Light Industry and the UN Food and Agriculture Organization (FAO).

Nearly 200,000 animals were fitted with an ear tag that has a unique number and barcode. Each code is entered in a database. The result: when it is time to sell, locate or simply learn the background of a particular animal, the information is available online.

“Over 200 families have 7,200 cows and more than 56,000 sheep and goats tagged,” says L. Batchuluun, former head of the municipal state office, who was responsible for the project in Bat-Ulzii.

Livestock are registered with a 12-digit code. The first two digits represent the province, the next two numbers are for the district, the next two represent the village number, and the remaining six digits are the personal number of the animal. Using a smartphone application, officials can register the information on the ground, doing away with tedious paperwork.

“By tagging livestock, their origin becomes clear, enabling us to monitor whether the products that meet quality standards have reached the hands of the consumer,” Batchuluun adds in an interview. That will make the food supply safer he says.

In 2021, 188,500 households in rural areas raised a total of 67.3 million livestock in Mongolia, making up an important 38.4 percent of the GDP of provinces and local areas. The animals also supply more than half a million tonnes of meat for the domestic market.

Not only are livestock a major source of food, farmers also earn income by selling by-products including dairy products, cashmere, and wool.

According to Chimiddulam, AIRS has had many positive impacts. For example, because most livestock are registered in the system, disputes over ownership can be prevented. And if animals from different herds get mixed together, they can be quickly identified and separated. The system also discourages theft.

Because animals can be identified by number, herders can leave messages and communicate with each other when their livestock disappear or wander far away to graze. For instance, a family six km from Chimiddulam’s house recognized her cows by their tags and called her to report the news.

Also, says the herder, she would previously have to drive 20-30 km to the district centre to have the origin of the animals verified. If a veterinarian was not available, she would have to return. Meanwhile, doubts about the origin of the animal could arise. Today, that proof of authenticity is available at the click of a mouse, or even via a smartphone with a barcode reader.

“We have made about 300 small earrings… by tagging the cattle and having a registration database, it is no longer necessary to obtain a certificate of origin for livestock, which makes our work easier,” she adds.

The system also enables officials to act quickly in case of a disease outbreak and will improve breeding programmes, according to FAO’s Mongolia Country Office.

 

56,000 small animals in Bat-Ulzii were fitted with an ear tag after being registered in AIRS. Credit: Namuunbolor Tumur-Ochir/IPS

56,000 small animals in Bat-Ulzii were fitted with an ear tag after being registered in AIRS. Credit: Namuunbolor Tumur-Ochir/IPS

 

In the long term, herders might also benefit from a potential increase in price for livestock products that are traceable, insurance and tax benefits, and documentation they can use for banking purposes. The new system will also support the government’s priority to develop export markets for meat, adds FAO.

Phase 2 of AIRS will include an application designed for herders, which would allow them to keep track on their smartphone of the animals they have registered, bought and sold.

Bat-Ulzii soum is an important tourist destination, well known for its natural beauty. Ankle-high grass and colourful flowers are growing, and tourist numbers seem to be rebounding after slow years during the height of the Covid-19 pandemic. This makes the herders smile, as they earn extra income by providing their horses and yaks as transportation for tourists.

Some farmers have taken advantage of digitalization by fitting their horses with microchips in a programme related to AIRS.

According to L. Batchuluun, “more than 2,200 horses have been installed with locators. By allowing us to know where our herds are it will be a great improvement in the lives of herders. It will also help to prevent livestock theft.”

The Ministry of Food, Agriculture and Light Industry says it is preparing to expand AIRS throughout the country.