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India Lifts Ban on Hydroxychloroquine to the U.S. as Confusion Mounts Around Trump’s Investment in a Major HCQ Company

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  • India will now partially lift a hydroxychloroquine ban after it said Saturday that it would enact that ban to keep domestic stores from depleting.
  • The ban reportedly cut off nearly half of the United States’ supply of hydroxychloroquine, and Monday night, President Donald Trump threatened to retaliate.
  • Also regarding hydroxychloroquine, #Sanofi trended on Twitter Tuesday after the New York Times reported that Trump had a “small” investment in the company, which makes the drug.
  • Despite many online believing this to be a major cash grab by the president, those holdings are likely less than $1,000.

India Agrees to Export Limited HCQ

Hours after President Donald Trump threatened retaliation, India lifted its recent ban on all hydroxychloroquine exports as demand for the drug surges.

Late last month, India implemented a partial ban on hydroxychloroquine exports; however, it said it would still honor existing contracts and certain shipments on humanitarian grounds on a case-by-case basis. On Saturday, India took that measure one step further by implementing a total ban on hydroxychloroquine exports. 

The move was reportedly an attempt to protect domestic stocks, especially as hydroxychloroquine gains attention all over the world. 

“Like any responsible government, our first obligation is to ensure that there are adequate stocks of medicines for the requirement of our own people,” a spokesperson for India’s Ministry of External Affairs said.

India is one of the world’s largest pharmaceutical producers and is a major manufacturer of hydroxychloroquine.

As of Tuesday, it has recorded just over 5,100 cases of COVID-19, according to John Hopkins University. That’s compared to India’s massive population of 1.3 billion. While the number of infected people is likely already much higher than what’s being reported, India is also bracing for a potential surge.

The Trump Administration has heavily promoted hydroxychloroquine despite reservations from doctors wanting to make sure it’s safe and effective first. Still, the U.S. has been preparing by stockpiling the drug. Part of that has included buying it from India; however, that ban reportedly cut off half of the U.S. supply of hydroxychloroquine.

On Saturday, the same day as that total ban, Trump said he had spoken with Indian Prime Minister Narendra Modi and had appealed for the release of shipments the US has already ordered. Trump also noted that India was giving the request “serious consideration.”

By Monday night, Trump ramped up that pressure, saying, “I spoke to him Sunday morning, called him, and I said we’d appreciate your allowing our supply to come out. If he doesn’t allow it to come out, that would be OK, but of course, there may be retaliation. Why wouldn’t there be?” 

Hours later, India announced that it had enough hydroxychloroquine pills for a domestic supply and that it would partially lift the drug’s export ban.

“Given the enormity of the COVID19 pandemic, India has always maintained that the international community must display strong solidarity and cooperation,” the spokesperson for India’s Ministry of External Affairs said.

“In view of the humanitarian aspects of the pandemic, it has been decided that India would licence paracetamol and HCQ in appropriate quantities to all our neighbouring countries who are dependent on our capabilities.”

“We will also be supplying these essential drugs to some nations who have been particularly badly affected by the pandemic,” he added, though he didn’t refer to Trump or the U.S. specifically. “We would therefore discourage any speculation in this regard or any attempts to politicise the matter.”

Trump’s “Small” Stake in Sanofi 

Hydroxychloroquine also made headlines Tuesday after a report from The New York Times led to confusion about Trump’s investment in a company that makes the drug.

“If hydroxychloroquine becomes an accepted treatment, several pharmaceutical companies stand to profit, including shareholders and senior executives with connections to the president,” the article about Trump’s aggressive advocacyfor the drug mentioned several paragraphs down.

“Mr. Trump himself has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine.” 

“As of last year, Mr. Trump reported that his three family trusts each had investments in a Dodge & Cox mutual fund, whose largest holding was in Sanofi,” the article read several more paragraphs lower. 

#Sanofi then began trending on Twitter, with many people believing that Trump stood to gain serious cash from his investments in Sanofi. 

“1. Trump is relentlessly pushing hydroxychloroquine for #COVID19,” one person tweeted. “2. Sanofi manufactures the brand-name version of hydroxychloroquine. 3. Just guess what comes next…”

Others were angry at the New York Times because these investments weren’t the focus of the article. Because of that, they accused the New York Times of burying the lede.

However, it seems The New York Times might have put that mention so low for a reason. According to Business Insider headline on the situation, “Trump has a distant financial link to a pharma giant that makes the drug he’s been pushing to fight COVID-19 — but it’s probably worth less than $1,000.”

Business Insider then goes on to explain that each of Trump’s three family funds are valued between $1,000 and $15,000. Those funds are managed by JP Morgan, with Trump not providing any input.

According to data from December, those funds have Sanofi holdings at 2.9%. Using that information, Business Insider then calculates that at most, Trump has an investment of $1,305, and at minimum, his investment is $87. 

Even though The New York Times calls it a “small” investment, such a number is probably a lot less than most people would imagine. Without seeing any extra context, however, those lines from The New York Times likely led many to believe that Trump has been touting hydroxychloroquine as a business move. 

See what others are saying: (The Wall Street Journal) (The Guardian) (Business Insider)

International

Police Arrest Hong Kong Man for Booing Chinese National Anthem

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The man’s boos were launched during the first time the Chinese national anthem had ever been played for a Hong Kong athlete at the Olympics.


Instulting the Anthem

Hong Kong authorities announced Friday that a man was arrested for allegedly booing and “insulting” the Chinese national anthem while watching the Olympics on Monday.

The unnamed 40-year-old, who identified himself as a journalist, was allegedly watching the Olympics fencing medal ceremony for Hong Konger Edgar Cheung at a local mall. When the anthem began playing, he allegedly began booing and chanted “We are Hong Kong!” while waving a British Hong Kong Colonial flag.

The man’s actions were particularly noteworthy because it was the first time the Chinese national anthem had been played for a Hong Kong athlete in the Olympics. Hong Kongers compete at the Games under a separate committee called Hong Kong, China. The last time a Hong Konger won gold was in 1996 for windsurfing, at which time the British anthem of “God Save the Queen” was played.

Concerns for Freedom of Speech

The man is suspected of breaking the relatively new National Anthem Ordinance, which was passed in June 2020, and has a penalty of up to three years in prison and fines of $6,000 for anyone who publicly and intentionally insults the anthem. The law mirrors one in mainland China, but it has faced considerable scrutiny from increasingly persecuted pro-democracy lawmakers in Hong Kong.

They argue that it tramples the right to free speech, which is supposed to be enshrined in the city’s Basic Law. Hong Kong police, however, say that’s not the case and claim that his actions breach common restraints on freedom of speech. Senior Superintendent Eileen Chung said that his actions were “to stir up the hostility of those on the scene and to politicize the sport.”

Police issued a warning that it would investigate reports of others joining his chants or violating the separate National Security law passed last year.

This incident isn’t the only case of alleged politicization of the Games. Badminton player Angus Ng was accused by a pro-Beijing lawmaker of making a statement by sporting a black jersey with the territory’s emblem. The imagery was very similar to the black-and-white Hong Kong flag used by anti-government protesters.

Ng countered that he wore his own clothes to the event because he didn’t have sponsorships to provide jerseys and he wasn’t authorized to print the emblem on a jersey himself.

See what others are saying: (Inside) (Al Jazeera) (CNN)

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Canadian Catholic Priest Says Residential Schools Survivors Lied About Abuse

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The Roman Catholic Church is facing considerable backlash across Canada for its treatment of indigenous peoples in the residential school system, along with its subsequent efforts to downplay the problem.


Priest Sparks Outrage

Father Rheal Forest was put on forced leave Wednesday following remarks he made over a weeks-long period starting July 10 in which he doubted victims of the country’s infamous residential school system.

Residential schools were a system of schools largely for indigenous children that were mostly run by the Catholic Church with federal government funding. The schools were notoriously cruel and long faced allegations that children had been abused or went missing under their care.

To date, over 1,300 unmarked graves have been found at four former residential schools across Canada, a fraction of the over 130 that used to exist.

Forest, of the St. Boniface archdiocese in Winnipeg, was standing in for a couple of weeks while the main priest at his church was away. During that time, Forest told parishioners that victims of the residential schools, particularly those sexually abused, had lied.

“If [the victims] wanted extra money, from the money that was given to them, they had to lie sometimes — lie that they were abused sexually and, oop, another $50,000,” he said.

“It’s kind of hard if you’re poor not to lie.”

In that same sermon, he also added that during his time with Inuit groups in the north of the country, most had allegedly said they appreciated the residential school system. Instead, he said they blamed any abuses on lay people working at the facilities rather than priests or nuns.

Forest’s comments drew a ton of backlash, prompting the archdiocese to place Forest on leave. A spokesperson for the archdiocese said that the institution “completely disavow” Forest’s comments, adding, “We very much regret the pain they may have caused to many people, not least of course Indigenous people and, more specifically, survivors of the Residential School system.”

Overall, the archdiocese has attempted to apologize to indigenous communities for its part in the residential school system, with Archbishop Albert Legatt saying in a video that the way forward was by “acknowledging, apologizing, and acting” on terms set by indigenous groups.

Church Allegedly Kept Money From Victims

Forest’s views and subsequent dismissal aren’t the only public relations scandal the Roman Catholic Church faces in Canada.

According to documents obtained by CBC News, the Church spent over a decade avoiding paying out money to survivors per a 2005 agreement. At the time, it, alongside the protestant churches that also ran some residential schools, agreed to pay an amount to victims of the schools in the tens of millions.

Instead, according to an internal summary of 2015 court documents, the Catholic Church spent much of that money on lawyers, administration, a private fundraising company, and unapproved loans. It seems that some of this was technically legal, such as a promise to give tens of millions back via “in-kind” services; however, there was no audit completed to confirm that these services actually happened or to prove the alleged value of the services. This led to doubts about whether or not they were done effectively.

The Catholic Church was unique among the signatory churches in the 2005 agreement with its efforts to avoid paying victims. All of the other denominations paid out their sums many years before without issues.

While priests such as Father Forest have supported the Church, there has been internal backlash. Father André Poilièvre, a Saskatoon priest and Order of Canada recipient, said the Church’s actions are “scandalous” and “really shameful,” adding, “It was a loophole. It might be legal, but it’s not ethical.”

With these latest revelations, widespread anger at the Church has triggered allegations that indigenous groups are behind a spree of church burnings across the country.

The entire situation is likely going to continue to smolder as a government commission set up to investigate the schools estimates there will be thousands of more unmarked graves found across Canada.

See what others are saying: (CBC News) (The Guardian) (CTV News)

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Tokyo Sets Back-to-Back Records for Number of Daily COVID-19 Cases

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Some positive cases were detected among people attending the Olympic Games, including a handful of athletes.


Cases Going Up

The Tokyo Olympic Games found itself in more controversy on Wednesday after Tokyo experienced a record number of daily COVID-19 cases for the second day in a row.

On Tuesday, the city recorded 2,848 new cases of the virus, passing the 2,500 daily new case threshold for the first time since the pandemic began. Then on Wednesday, it shattered the record again with 3,177 new COVID-19 cases.

At least 155 of those new cases were detected among people attending the Games, including a handful of athletes, which contrasts Prime Minister Suga Yoshihide’s promise that the Olympics wouldn’t be hit with the virus. The spike in new cases has largely been attributed to the delta-variant, something that many countries are dealing with around the world.

Nishimura Yasutoshi, a Japanese economic minister, told a parliamentary panel this week that COVID-19 cases are expected to continue rising for at least a few days. He also explained that many people may have delayed getting tested last week due to holidays, therefore inflating total daily new case numbers.

Governors in prefectures around Tokyo have moved to ask the government for states-of-emergency, which Tokyo is already under.

Doubts About Government Response

The prime minister said in a press conference on Tuesday that “the government has secured a new drug that reduces the risk of serious illness by 70 percent,” adding, “we have confirmed that this drug will be used thoroughly from now on.”

However, he never actually mentioned what drug he was referencing.

“In any case, under these circumstances, I would like to ask the people to avoid going out unnecessarily and to watch the Olympics and Paralympics on TV,” Suga continued.

He also stressed that canceling the Olympics amid the outbreak was completely out of the question, although there have been continued calls from the public and opposition lawmakers for just that.

Beyond refusing to cancel the Games, Suga is facing backlash for refusing to enact strict state-of-emergency protocols. Currently, the measures in Tokyo are almost all voluntary and consist of asking people to stay home, along with requesting restaurants that serve alcohol to completely close and telling all others to shut down by 8 p.m.

See what others are saying: (Reuters) (NPR) (The Wall Street Journal)

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