AAC condoles demise of M Yaqoob Mir, other persons 

Srinagar, December 20, 2021 (PPI-OT):In Indian illegally occupied Jammu and Kashmir, the Awami Action Committee (AAC) has expressed grief over the demise of several personalities associated with the organisation and Kashmiri society. Among the deceased include AAC Khanyar constituency Secretary, Muhammad Yaqoob Mir; grandmother of Owais Ahmad Bhat of Narwarah; and wife of former Khateeb and Imam of Dargah Hazratbal, late Bashiruddin Farooqui.

The AAC paid rich tributes to the late Muhammad Yaqoob Mir for his organisational and mobilisation services throughout the region, calling him a fearless political activist who made tireless efforts in taking forward the mission and programmes of the Awami Action Committee since the period of Shaheed-e-Millat Mirwaiz Molvi Muhammad Farooq to the present Mirwaiz Umar Farooq.

The AAC, on behalf of the organisation and its incarcerated head Mirwaiz Umar Farooq, expressed condolence with Riyaz Ahmad Mir, Fayaz Ahmad Mir, Wajahat Ahmad Mir and Aijaz Ahmad Mir, the sons of the late Muhammad Yaqoob Mir; and with the bereaved Butt and Farooqui families.

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IOJK political parties reject Delimitation Commission’s recommendations 

Srinagar, December 20, 2021 (PPI-OT):In Indian illegally occupied Jammu and Kashmir, the political parties in the territory on Monday rejected the draft recommendations of the Delimitation Commission proposing six new seats for Hindu-dominated Jammu and only one for the Kashmir valley.

The NC Vice President, Omar Abdullah, while terming the draft recommendations unacceptable, said the distribution of newly created assembly constituencies with 6 going to Jammu and only 1 to Kashmir is not justified by the data of the 2011 census.

“It is deeply disappointing that the commission appears to have allowed the political agenda of the BJP to dictate its recommendations rather than the data which should have been it’s only consideration. Contrary to the promised “scientific approach” it’s a political approach,” Omar wrote in a tweet.

The PDP President Mehbooba Mufti, while reacting to the commission’s draft recommendations, tweeted: “My apprehensions about the Delimitation Commission weren’t misplaced. They want to pitch people against each other by ignoring the population census and proposing 6 seats for one region and only one for Kashmir.”

The Communist Party of India-Marxist leader, Mohammad Yousuf Tarigami in a statement in Srinagar, while terming the draft recommendation of the Delimitation Commission as divisive and unacceptable, said it is another step to further dis-empower the Kashmiris politically. The distribution of newly created assembly constituencies with six going to Jammu and only one to Kashmir is not justified and it will increase gaps between regions and communities, he added.

Congress Working Committee member, Tariq Hameed Karra, taking to micro-blogging site Twitter on Monday called the entire delimitation process as bogus. He said that the whole process of delimitation was a sham. Altaf Bukhari-led Apni Party also rejected the commission’s proposal. It said “is out rightly unacceptable to us.”

“The recommendations of the delimitation commission are totally unacceptable. They reek of bias. What a shock for those who believe in democracy,” People’s Conference President, Sajad Gani Lone wrote on Twitter shortly after the commission’s recommendations became public.

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Protest demo in front of Indian embassy in Seoul

Seoul, December 20, 2021 (PPI-OT):The Justice and Peace Foundation, a Korean human rights organization, staged a protest demonstration in front of Indian Embassy in Seoul, today, against the arrest of rights activist of Indian illegally occupied Jammu and Kashmir, Khurram Parvez.

India’s National Investigation Agency (NIA) arrested Khurram Parvez on November 22 after raiding his residence and office in Srinagar earlier in the day under draconian law, Unlawful Activities (Prevention) Act (UAPA) and was flown to New Delhi on November 23

The participants of the demonstration on the occasion raised slogans against the Indian state terrorism in IIOJK and demanded immediate release of Khurram Parvez and others. It’s a first kind of demonstration by a local organization in favour of Kashmir against India in South Korea.

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Email: info@kmsnews.org
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ISW Holdings Inc. (ISWH) annonce un chiffre d’affaires record, prévoyant 7 millions de dollars mensuels

NEW YORK, 20 déc. 2021 (GLOBE NEWSWIRE) — via InvestorWire — ISW Holdings Inc. (OTC : ISWH) a annoncé aujourd’hui son placement dans un éditorial publié par NetworkNewsWire (« NNW »), l’une des plus de 50 marques réputées de l’InvestorBrandNetwork (« IBN »), une société de presse et d’édition financière multiforme destinée aux entités privées et publiques.

Pour consulter la publication complète et les énoncés prospectifs, rendez-vous sur le site : https://nnw.fm/YrdIL

Les développements génèrent une hausse du chiffre d’affaires et des flux de trésorerie, des ressources qui soutiendront la croissance en 2022 et au-delà avec Pod City et d’autres opérations d’hébergement et de minage. Au cours du troisième trimestre, ISW Holdings Inc. (OTC : ISWH) a déclaré un chiffre d’affaires provenant de l’exploitation de 1,075 million de dollars (incluant les revenus reportés), en hausse de 2 435 % en glissement annuel. Cela n’incluait pas un total de trois mois complets d’activité de 550 nouveaux mineurs acquis auprès de Minerset, dont 150 ont été obtenus parce qu’ISWH a atteint des jalons de performance boursière. Le total des actifs au cours du troisième trimestre a augmenté de 5 263 % en cumul annuel pour atteindre 9,56 millions de dollars, tandis que le passif total a diminué de 73 % et le passif dérivé total a baissé de 98 % à moins de 340 000 dollars. …

En ce qui concerne les perspectives d’avenir, le chiffre d’affaires de Pod City comprendra des frais de service d’hébergement, qui ne dépendent pas des prix des cryptomonnaies. Une fois opérationnelle à pleine capacité, la société estime que son chiffre d’affaires annuel atteindra plus de 7 millions de dollars par mois, soit une amélioration considérable par rapport à sa capacité actuelle, avec l’avantage d’être récurrent dans le cadre de contrats de service.

À propos d’ISW Holdings

ISW Holdings, basée dans le Nevada, est une société de portefeuille diversifiée, composée d’unités commerciales essentielles qui répondent aux demandes de produits de consommation. L’expertise de la société réside dans le développement stratégique des marques, la facilitation précoce de la croissance, ainsi que l’identité des marques grâce à son processus exclusif de passation de marchés. Aux côtés de ses partenaires, ISW Holdings cherche à fournir une structure répondant aux demandes de grande évolutivité, ainsi qu’aux besoins anticipés du marché. La société est capable de répondre à ces besoins par le biais d’une diversité de processus stratégiques innovants. ISWH crée et gère des marques dans un large éventail de secteurs révolutionnaires. Elle gère ses sociétés propriétaires à travers les étapes critiques du développement de marché, qui comprennent la conceptualisation, les stratégies de commercialisation, l’ingénierie, l’intégration de produits et l’efficacité de la distribution. La société s’est également associée à une entreprise de conseil et de développement de logiciels bien connue, Bengala Technologies LLC, qui développe des améliorations significatives dans le domaine de la gestion de chaîne d’approvisionnement. Ce partenariat est en instance d’obtention d’un brevet crucial.

Pour tout complément d’information sur la société, rendez-vous sur le site www.ISWHoldings.com.

NOTE À L’INTENTION DES INVESTISSEURS : les dernières actualités et mises à jour concernant ISWH sont disponibles dans la salle de presse de la société à l’adresse http://ibn.fm/ISWH.

À propos de NetworkNewsWire

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Taptap Send Raises $65M Series B to Expand Cross-Border Fintech Platform and Reduce Global Inequality

NEW YORK–(BUSINESS WIRE)–Taptap Send, a community focused cross-border financial platform, today announced a $65M Series B funding round led by Spark Capital, with participation from Unbound and previous leads Reid Hoffman and Canaan Partners, along with Slow Ventures, Breyer Capital, Wamda Capital, Flourish Ventures, and additional investors from the Middle East, Africa, Asia and Latin America. Taptap Send’s total funding now exceeds $80 million.

Taptap Send provides individuals with a simple, convenient platform to send cross-border payments instantly and without fee1. The company enables remittances for some of the most underserved markets globally. The new capital will allow the team to expand to additional diaspora communities, invest in product development and hire new talent to further improve the quality of service.

The formal $540B remittance market is the largest source of capital for low and middle income countries, surpassing foreign direct investment and official development assistance, combined. Informal remittances are estimated to be almost as large as those through formal channels: more than 7x since 2002.

The mobile money revolution has also changed the limit’s of what is possible with cross border flows, particularly in frontier markets. Connecting more than a billion people to the financial grid for the first time, mobile money allows more people to be reached more quickly, securely and efficiently than ever before. Taptap Send is building products to capture this opportunity, providing senders peace of mind with a secure, affordable solution, and recipients with an accessible, convenient way to receive this capital.

The importance has never been greater: COVID has not only had a devastating impact on many recipient communities, but also made traditional box-store solutions even more difficult to access. “With the pandemic pushing more than a hundred million people into extreme poverty and countless others into economic hardship, the importance of capital and the ease of moving it where it’s most needed has rarely been greater,” said Michael Faye, co-founder and CEO of Taptap Send. “We’re committed to reducing global inequality by providing accessible, usable financial tools to individuals who need them most.”

Reflecting this need, there has been an acceleration of the shift to simple, digital, mobile solutions. Whereas the World Bank predicted a 25% decline in remittances since the onset of COVID, Taptap has seen more than 8x growth; during this time, the team has more than doubled to 100+ with an additional 13 receive markets launched including Bangladesh, Cameroon, DRC, Ethiopia, Kenya, Madagascar, Morocco, Nepal, Nigeria, Pakistan, Republic of the Congo, Sri Lanka, and Vietnam beyond those previously offered: Côte d’Ivoire, Ghana, Guinea, Mali, Senegal and Zambia.

“We’ve looked at a lot of fintech companies in the space, and think Taptap’s team and community-led approach are best in class. We couldn’t be more excited to be joining them on our mission to bring low-cost, accessible, cross-border financial products to underserved diaspora populations around the world.” said investor James Kuklinski of Spark Capital.

“I left Ghana 17 years ago as an economic migrant. The plan was to make money to send home and eventually go back to help build the economy of Ghana,” said Mawutor Abraham, who leads Taptap Send Africa. “When I found Taptap, I realized I had the opportunity to do that now and to build something to improve the lives of my people: my little family, my wider family, my village of Peki, my country of Ghana, my continent of Africa and my world. Taptap is the fastest, easiest, safest, and lowest-cost solution I’ve used and I am proud to be spending my time to make the product even better and bring it to others who also want to send money to their loved ones.”

In the words of Reid Hoffman, who led Taptap Send’s initial round and participated in the Series B: “I invest for scaled global impact and team, and Taptap is among the best combinations I’ve seen.”

About Taptap Send

We are Taptap Send, a borderless team focused on supporting communities on their most important cross-border financial needs, getting capital into the hands of those that most need it. Our no-fee, instant remittance products help users send money to family and loved ones in the most convenient, reliable and fairly priced way possible. Founded by the founders of the non-profit GiveDirectly (philanthropic cash transfers; fastest growing non-profit of last 30 years), and Segovia (B2B mobile payment gateway acquired by Crown Agents Bank), Taptap Send is an extension of this mission to make it as cheap, fast and convenient to transfer money into the frontier markets as possible. For more information, visit: https://www.taptapsend.com/.

About Spark Capital

We are Spark Capital, investors in products we love by creators we admire, including Affirm, Carta, Cruise, Discord, Oculus, Plaid, Postmates, Slack, Twitter, and Wayfair. We know there are no playbooks or formulas for success and are here to help founders win their own way. We invest across all sectors and stages, and work out of San Francisco, Boston, and New York City.

Source: Business Wire

Millions of Somalis Facing Conflict, Drought, Disease Need Lifesaving Assistance

The United Nations estimates 7.7 million people, half of Somalia’s population, will require humanitarian assistance and protection in 2022.It is appealing for $1.5 billion to assist 5.5 million of the most vulnerable among them.

Decades of conflict, recurrent climatic shocks, disease outbreaks, and increasing poverty, including the socio-economic impact of the COVID-19 pandemic are devastating the lives and livelihoods of people in Somalia.

They are facing acute hunger. Many are on the verge of famine because the rains have failed to fall for a third year in a row.U.N. Humanitarian Coordinator for Somalia, Adam Abdelmoula says 80 percent of the country is affected by drought.

Speaking on a video link from the capital Mogadishu, he tells VOA 169,000 people have abandoned their homes in search of water, food, and grazing land for their livestock.

“When I visited the countryside, I saw many dead animals,” he said. “The people I met with, including one woman told me that she lost all her 200 goats, and two camels and her donkey and she and her three children are living under a tree…and the elderly people I met with told me they had not seen this level of drought since the 1970s and 80s.”

Abdelmoula says conditions in Somalia are dire. He expresses concern about a less than adequate response to the U.N. appeal given the fierce competition for funds. He says Somalia has been pushed to the back burner because of emerging crises elsewhere, especially Tigray in northern Ethiopia and Afghanistan.

He adds the international community would be making a big mistake were it to abandon Somalia.

“When this happened back in the 90’s, some serious consequences ensued. This includes mass migration, starvation and famine, the emergence of al-Shabab and the political instability and widespread piracy,” he said.

Recent projections indicate drought could displace up to 1.4 million Somalis in the coming six months, adding to the nearly 3 million people already displaced by conflict and natural disasters.

Humanitarian coordinator Abdelmoula says at least 1.2 million children under age five are likely to be acutely malnourished in 2022.He warns some 300,000 children projected to be severely malnourished are at risk of dying without imminent assistance.

Source: Voice of America

Moderna Says Extra Dose of Its COVID Vaccine Boosts Immunity Against Omicron

U.S.-based drugmaker Moderna says that initial laboratory tests show a third shot of its current COVID-19 vaccine is effective against the fast-spreading omicron variant of the coronavirus.

In a statement released Monday, the company said a half dose of the vaccine given as a booster increased the antibodies levels 37 fold, while a full dose of the vaccine — which is used in the full dose regimen — boosted antibodies levels over 80 fold.

Dr. Paul Burton, Moderna’s chief medical officer, says the study — which has not been peer-reviewed — proves the company’s vaccine is effective, “extremely safe” and “will protect people through the coming holiday period and through these winter months, when we’re going to see the most severe pressure of omicron.”

U.S. federal health officials authorized both the Moderna and the two-shot Pfizer COVID-19 vaccine to be used as booster shots for all adults last month.

Moderna’s announcement comes a day after Dr. Anthony Fauci, the top infectious disease expert in the United States, warned that omicron is “raging through the world” as he urged Americans to get vaccinated and get a booster shot.

The World Health Organization said Sunday that omicron, which was first detected last month in a handful of southern African nations, is now present in 89 countries.

New York state marked a third consecutive day of record-setting new infections Sunday with nearly 22,500 confirmed cases. The rising number of infections has triggered closures of numerous theater shows and restaurants in New York City in a scene reminiscent of March 2020 when COVID-19 first struck. Residents have been standing in long lines for hours at city-run testing sites.

The outbreak continues to affect three of the major professional sports leagues in North America. The National Hockey League postponed a total of 27 games Saturday and Sunday, and has postponed at least 12 more games through December 23 because they involved travel between the U.S and Canada. The National Football League was forced to move a handful of Sunday games to Monday and Tuesday due to widespread COVID-19 outbreaks among several teams, with more than 100 players combined entering the league’s health and safety protocols.

And the National Basketball Association announced it was postponing five games Sunday with players on a handful of teams testing positive for the coronavirus, bringing the total number of postponed games to seven.

The surge has also reached the halls of the U.S. Congress, with two prominent lawmakers, Democratic Senators Elizabeth Warren and Cory Booker, both announcing Sunday they had tested positive. Warren and Booker each said they had been vaccinated and gotten a booster shot.

Meanwhile, Israel announced Monday that it has banned travel to 10 nations — Belgium, Canada, Germany, Hungary, Italy, Morocco, Portugal, Switzerland, Turkey and the United States — due to the rapid spread of omicron. Under the country’s “red list,” Israelis who return from these nations are required to quarantine, even if they are vaccinated.

Israel’s health ministry reported 175 cases of the new variant on Sunday

Some information for this report came from the Associated Press and Reuters.

Source: Voice of America