A 4-and-a-half-year-old Nelore breed cow known as Viatina-19 FIV Mara Imóveis was recently priced at $4.3 million, making it the most expensive cow in the world by a large margin.

One-third of the ownership of the cow was recently sold at an auction in Arandú, Brazil for 6.99 million real ($1.44 million), putting its total value at a staggering $4.3 million. Viatina-19 FIV Mara Imóveis had already been named the world’s most expensive bovine last year when half of its ownership was auctioned off for around $800,000, which was another record-breaking price at the time. The record-breaking transaction is indicative of the Nelore cattle breed’s genetic qualities, as well as the demand for high-quality animals with outstanding genetic characteristics.

Viatina-19 FIV Mara Imóveis price is considered a new milestone for the Nelore, a cow breed highly valued all over the world for its qualities. Characterized by their bright white fur, loose skin, and a large bulbous hump above their shoulders, the Nelore is primarily known for their naturally high resistance to hot weather. Their white fur plays a big part in this, as it reflects most wavelengths of light, as does the fact that their sweat glands are twice as large and 30 percent more numerous than those of most European breeds.

Nelore cattle, named after the Indian district of Nellore in Andhra Pradesh, also have a very efficient metabolism, which allows them to thrive even on low-quality forage. Incredibly hardy and resilient, the Nelore can resist a number of parasitic infections and their tough skin is much harder for blood-sucking insects to penetrate. The breed also breeds very easily, as females have wider pelvic openings and larger birth canals than other cattle breeds, and calves require almost no assistance from humans.

According to a 2018 report by the Guardian, sperm from the most valuable Nelore bulls can cost $5,000 per 0.55-milliliter (0.03 ounces) dose. There are around 167,000,000 Nelore cows in Brazil, around 80 percent of the cattle in the South American country.

Oddity Central

National Agency for Food and Drug Administration and Control (NAFDAC) has warned the public of a batch of “unwholesome” Sprite 50cl drink circulating in Nigeria.

In a statement on Wednesday, the agency said the contaminated drinks have the batch number AZ6 22:32, manufacturing date of April 18, 2023 and an expiry date of April 4, 2024.

NAFDAC said the product was discovered following a consumer complaint and upon investigation, over five crates of the batch were discovered to be contaminated with particles.

“The affected batch of the unwholesome product has been sampled for laboratory analysis in the NAFDAC laboratory and the agency has directed all zonal directors and state coordinators to carry out surveillance and mop up the implicated batch of the unwholesome product,” the statement reads.

“Similarly, a comprehensive current Good Manufacturing Practice (cGMP) inspection of the manufacturing site is to be carried out by the agency. This is to find the root cause of the contamination and ensure compliance to marketing authorisation.

“Furthermore, the company, (Nigerian Bottling Company Limited, Abuja plant) has been directed to recall the implicated batch of the unwholesome product and report to NAFDAC for effective monitoring.

“NAFDAC implores distributors, retailers, and consumers to exercise caution and vigilance to avoid the consumption, sale, or distribution of the unwholesome product. The products’ authenticity and physical condition should be carefully checked.

“Anyone in possession of the above-mentioned batch of Sprite 50cl glass bottles is advised to submit stock to the nearest NAFDAC office. If you, or someone you know, have consumed this product or suffered any adverse reaction/event after consumption, you are advised to seek immediate medical advice from a qualified healthcare professional.”

The Cable

The World Bank has disclosed that no fewer than four million Nigerians were pushed into the poverty trap in the first six months of this year, with another 7.1 million more expected to join the conundrum if properly targeted measures are not taken to manage the impact of fuel subsidy removal.

According to the Washington-based institution, “compensating transfers will be essential in helping to shield Nigerian households from the initial price impacts of the petrol subsidy reform.”

It would be recalled that the National Bureau of Statistics last year reported that 133 million Nigerians were “multinationally poor”.

The multilateral development institution which made the disclosure in Abuja, yesterday, during the launch of the Nigeria Development Update (NDU), also stated that the recent removal of petrol subsidy and the foreign exchange (FX) reforms were critical steps towards addressing long-standing macroeconomic imbalances.

The reforms, it noted, have the potential to establish a solid foundation for sustainable and inclusive growth.

Dissecting the NDU, the World Bank Lead Economist for Nigeria and co-author of the report, Alex Sienaert, said four million more Nigerians were pushed into poverty in the first half of 2023.

Sienaert, who stressed the need for a new social compact to protect poor and most vulnerable Nigerians in the aftermath of fuel subsidy removal, noted that about 7.1 million more Nigerians would further slip into the poverty quagmire at the end of the year if the right incentives were not properly channeled to help poor and vulnerable Nigerians.

Commenting on the headwinds of the forex reforms, he observed a number of adverse consequences, including rising inflation and the increase of debt-to-GDP to about 46 per cent.

The June 2023 edition of the World NDU titled, ‘Seizing the Opportunity,’ acknowledged the recent major reforms initiated by the new administration under President Bola Tinubu, such as the elimination of the petrol subsidy and reforms in the FX market.

The report observed that the reforms were crucial to begin to rebuild fiscal space and restore macroeconomic stability, adding that they would lift Nigeria’s growth potential, with the economy expected to grow at 3.3 per cent in 2023, 3.7 per cent in 2024, and 4.1 per cent in 2025.

“While inflation will be higher in 2023, it will be lower in 2024 and 2025 if the right policy mix is sustained. Compensating transfers will be essential in helping to shield Nigerian households from the initial price impacts of the subsidy reform.

“Without compensation, many households could be pushed into poverty by higher petrol prices and forced to resort to coping mechanisms with long-term adverse consequences, such as not sending children to school, or not going to health facilities to seek preventative healthcare.

“To build on the immediate, major reforms, and seize the opportunity to rise to its potential, Nigeria still has other urgent choices to make,” the report said.

It stated: “In the first part of 2023, Nigeria’s economic growth weakened, and real gross domestic product (GDP) growth fell from 3.3 per cent in 2022 to 2.4 per cent year-on-year (y-o-y) in Q1 2023.

“The challenging global economic context has put pressure on Nigeria’s economy. However, domestic policies play the major role in determining Nigeria’s economic performance and resilience to further external shocks.

“The previous mix of fiscal, monetary, and exchange rate policies, including the naira redesign program, did not deliver the desired improvements in growth, inflation and economic resilience.

“The new government has recognised the need to chart a new course and has already made a start on critical reforms, such as the elimination of the petrol subsidy and reforms in the FX market.

“With the petrol subsidy removal, the government is projected to achieve fiscal savings of approximately N2 trillion in 2023, equivalent to 0.9 per cent of GDP.

“These savings are expected to reach over N11 trillion by the end of 2025. However, compensating transfers will be essential to help shield the most vulnerable Nigerian households from the initial price impacts of the subsidy reform, as without compensation, many households could be pushed into poverty by higher petrol prices and have to resort to coping mechanisms with long-term adverse consequences.”

It added: “Similarly, the move to harmonise the FX windows will help to improve the efficiency of the FX market, unlock private investment, and reduce inflationary pressures, but it is crucial to complete this important reform by removing FX restrictions, clearly communicating how the new FX regime will operate, and implementing supportive monetary and fiscal policies.

“The current move by the government to implement long-anticipated reforms such as the removal of costly and opaque petrol subsidy, and efforts to harmonise the multiple FX windows, are timely and crucial to set Nigeria on the path of economic growth.”

“Persistently high inflation and low fiscal revenues continue to hinder economic growth. It remains imperative to change course, as sluggish economic growth risks becoming deeply entrenched through low investment due to weak macroeconomic conditions, escalating poverty, and fragility.

“The removal of the petrol subsidy and the FX reforms have opened a window of opportunity that, if effectively seized by sustaining and building on these reforms, could have a transformative impact on the lives of millions of Nigerians and establish a solid foundation for sustained growth,” the World Bank report stated.

The report recommended specific, critical measures to build on the government’s ‘bold start’ in implementing critical reforms, to ensure that Nigeria rises to its full potential.

These included restoring macroeconomic stability by increasing non-oil revenue, reducing inflation through a sequenced and coordinated mix of trade, monetary and fiscal policies, and completing the FX reform.

Others are expanding social protection to protect the poor and most vulnerable, and developing and communicating how, as fiscal space recovers, resources will be redirected over time to meet urgent development challenges.

The World Bank report observed that Nigeria could seize this window of opportunity to further implement a comprehensive reform package that encompasses a range of complementary fiscal, monetary, trade, and structural policy measures to maximise the collective impact on growth, job creation, and poverty reduction.

To shield the poor and most vulnerable from increases in living costs, temporary and targeted cash transfers should be considered, as part of a new social compact to sustainably redirect resources towards addressing Nigeria’s most urgent development priorities, it stated.

Thisday/NewsScroll

Presidential Candidate of Labour Party (LP) in the 2023 elections, Peter Obi, has urged leaders at every level in Nigeria to lead by example.

The call came against the background of the outrage being expressed by Nigerians over the “outlandish display of power” by President Bola Tinubu during a recent visit to Lagos State.

Head, Obi-Datti Media Office, Diran Onifade, in a statement Thursday, said Tinubu during the visit was escorted by an unprecedented 124-vehicle convoy.

According to him, not since the creation of Nigeria by the British has such mindless and embarrassing exhibitionism been purveyed by a politician. Not even the military known for their brash and unbridled display of raw naked power dared to exhibit such recklessness.

Responding to a question on the development on Thursday afternoon in Awka, the Anambra State capital, Obi said he had yet to see a video footage of the Tinubu 124-vehicle convoy, but leaders in Nigeria must lead by example.

“The present Nigeria requires that all those who serve and lead must do so by example. Their behaviour and public conduct must be in consonance with what the society requires today. We cannot continue to preach for the people to make sacrifice without sacrificing too. The sacrifice must now start from the leaders, visibly, measurably at all times because the people are suffering; and we must now be at the forefront of the suffering,” Obi said.

Onifade said the Obi-Datti Media, like millions of Nigerians whose sense of decency have been affronted by Tinubu’s unbridled tendency to flaunt power and position, joins the presidential candidate in pointing the hypocrisy inherent in Tinubu’s action.

He said, “For a man who promised to cut the cost of governance to be moving around with an over-bloated convoy of security details and aides, surely speaks volumes of his ‘do what I say and not what I do’ attitude.”

Some supporters of the president have argued that the convoys of some dignitaries, including Governor Babajide Sanwo-Olu of Lagos, were among the ones captured in the viral video.

Daily Trust

Jama’atu Nasril Islam (JNI), the umbrella body of Muslims in Nigeria, has called on political leaders to cut their extravagant lifestyles and ease the sufferings of the masses.

Speaking after observing the Eid al-Adha prayers at Dodan Barracks prayer ground in Lagos, President Bola Tinubu had said Nigerians must make sacrifices for the prosperity of the country.

JNI, in a sallah message by Khalid Aliyu, its secretary-general, alleged that while the masses are making sacrifices to “keep the nation moving”, the leaders are living in affluence.

“On this joyous occasion, JNI would like to extend its felicitations to the new leaders at all levels in the executive and legislative arms,” the statement reads.

“They should be mindful of the trust reposed in them by Allah and humanity on which they will be asked to give account on the day of judgement.

“It appears that only the common Nigerians are making painful sacrifices to keep the nation moving but the leaders are perpetually living in affluence to the detriment of the malnourished commoners.

“The JNI, therefore, call on the leaders to cut their extravagant lifestyles, make adjustments and come up with policies that will make the life of the common Nigerian a bit comfortable.”

JNI urged Muslims to reflect on the occasion of the Eid al-Ahda and be selfless.

“This auspicious occasion serves as a reminder of the values of sacrifice, compassion, and unity that are at the core of Islam,” JNI added.

“As we gather with family, friends, and loved ones to observe the Eid, let us reflect upon the importance of selflessness and generosity.”

The Cable

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

His urgent lobbying reflects anxiety about a scarcity of dollars - the lifeblood of global trade - across emerging market and developing economies (EMDEs) that is impeding commerce and piling pressure on local currencies and sovereign debtors.

The World Bank estimates that one in four EMDEs have effectively lost access to international bond markets, a key source of hard currency needed to pay for oil and commodities like food.

It has halved growth forecasts for some economies hurt by the credit squeeze, the product of a global flight to safety as interest rates rose to combat inflation that surged last year when economies reopened after Covid and Russia invaded Ukraine.

Affected countries are also likely to see foreign direct investment being curbed, said Charlie Robertson, head of macro strategy at FIM Partners in London.

Without dollars from KTDA's customers in Pakistan, its biggest market, the co-op that produces 60% of Kenya's tea, would have struggled to pay its own bills.

"We were actually hit," Muthaura said, explaining that KTDA had to rent extra warehouse space after sales slumped. Kenyan shipments of tea - its major export - have fallen by a fifth over the last year, according to the local regulator.

While customers usually pay up front and in dollars, "we had to resort to letters of credit with those buyers from Pakistan", said Muthaura.

His efforts in Islamabad paid off, but KTDA is seeing similar strains emerging in Egypt, its second-biggest market, where three steep currency devaluations have raised worries about Cairo's ability to service dollar debt.

The spike in global interest rates has already tipped Sri Lanka and Ghana into defaulting. Tunisia is teetering. Nigeria could soon be spending half or more of government revenues on interest payments. Even Kenya itself is seen at risk.

"Frontier economies are suffering from surging import bills exacerbated by a tightening of global financial conditions and a general flight to safety," said David Willacy, a foreign exchange trader at StoneX in London.

Reuters Graphics

BLACK MARKET

Although the dollar's share as a global reserve currency has dropped to 59% from 70% over a decade, it continues to dominate global trade.

And because it is widely accepted and broadly holds its value, it remains strongly favoured among ordinary citizens in developing countries.

The emergence of parallel exchange rates or an unofficial market to buy dollars and other major currencies is often an early sign a country is running into problems.

"If I want dollars, I have to buy on the black market, which is expensive," said Oreoluwa Ojo, a student in Nigeria's capital Lagos taking online lessons with a British university.

Africa's biggest economy is a major oil exporter that sells its crude in dollars. But because it lacks refinery capacity, it has to import fuels, so hard currency is tight.

Nigeria has long had a web of multiple exchange rates which it is now trying to untangle, having also devalued its naira currency again last week.

Argentina's recurring crises mean it has had parallel exchange rates for years, while in Cuba and Venezuela a mix of deep economic problems and U.S. sanctions mean dollars or euros are often needed to buy goods from medicines to meat.

With Cuba's big foreign exchange earner, tourism, still recovering after the pandemic, a widening gap between those with and without access to hard currency is helping drive a record exodus of migrants from the island to the United States.

Reuters Graphics

RESERVES BURN

A country burning through foreign currency reserves is another widely acknowledged sign of stress.

Specialist firm Chaucer, which provides political risk insurance, estimates that 91 of 142 countries have seen their FX reserves shrink in the last 12 months, over a third by more than 10% - a trend amplified by a rising dollar.

A plunge of around 70% in Bolivia's reserves has spawned queues at banks and currency exchange shops as some merchants stopped accepting local currency.

"It is better for our clients to come with dollars, because with bolivianos it is not going to add up," said La Paz TV salesman Ronal Mamani. "We don't know exactly where the exchange rate is."

Countries like Sri Lanka, Lebanon, Pakistan, Ukraine and Turkey have imposed capital controls, while Ethiopia, its problems exacerbated by civil conflict, banned imports of dozens of goods, including cars, to conserve money for food and fuel.

Some countries are trying to break or circumvent the dollar's stranglehold.

Since Western sanctions cut Russia off from the global banking system, China and India have paid for Russian oil in other currencies, while Ghana is paying for oil with gold.

Brazil's President Luiz Inacio Lula da Silva has floated the idea of a common currency for the BRICS group of emerging economies, saying in April: "We need a currency that gives countries more calm."

The BRICS may discuss that proposal at a Johannesburg summit in August, although it is unlikely to become a reality soon. But the group is seeking closer ties with countries like Saudi Arabia as it positions itself as a counterweight to the West.

Reuters Graphics

TRADE BOTTLENECKS

Dollar shortages are nearly always tied to worsening debt problems.

Echoing the World Bank, JPMorgan calculates that 21 countries with a combined $240 billion of international debt are now effectively locked out capital markets - a near record.

International Monetary Fund chief Kristalina Georgieva said recently the lender is seeing more requests for aid, adding: "The IMF becomes the source of protection."

In Africa, where the tough conditions attached to IMF loans have made some countries wary of relying on the Fund, politicians including Kenya's president William Ruto have also argued for a trade payments system using local currencies.

"Why are we bringing dollars in the middle of our trade?" said Ruto, blaming dollar use for trade bottlenecks.

Argentina has said it will pay for Chinese imports in yuan. But China's capital controls - and the unrivalled depth of U.S. financial markets - mean its currency is unlikely to challenge the dollar as a global force soon.

Reuters

Cletus Okafor

Economic and Financial Crimes Commission (EFCC) has declared Deepak Khilnani, a British citizen of Indian descent “wanted” after he failed to appear in court to answer charges of several counts of Fraud and Money Laundering.

In suit number FHC/L/588/2022 filed in the Federal High Court, Ikoyi on October 18th, 2022 the EFCC charged Khilnani and a company in which he has interest with “conspiracy to alter and file at Corporate Affairs Commission, Abuja fraudulent resolution on allotment of Shares...”.

The charges also included “forgery of the signatures of [names withheld] contained on a Take Over Certificate with intent that it may be acted upon as Genuine”.

Khilnani had been under EFCC investigation since 2017, during which time the 63- year-old businessman tried different ways to avoid investigation and arraignment.

Sources said that at one time, he jumped administrative bail, left for the UK, and failed to honor EFCC’s invitations.

The anti-corruption agency eventually placed the fugitive on their Watchlist at all Nigerian ports of entry.

When he returned in January 2018, an unsuspecting Khilnani was promptly arrested and detained at Lagos Murtala Mohammed Airport and handed over to the EFCC.

An official, on condition of anonymity, confirmed that in May 2019, Khilnani deposited a British bank cheque for £4,620,000 at the EFCC Ikoyi Zonal office. The cheque was payable to his former employers and was believed to be part refund of the money he allegedly stole. The British bank did not honor the cheque.

In December of the same year, shortly after the UK cheque was dishonored, Khilnani’s lawyers took his former employers and the EFCC to court in a civil Suit No. FHC/L/CS/2266/2019 where they sought “An order of perpetual injunction restraining the 4th Defendant (EFCC) from further Mediation, or inviting the Plaintiffs (Khilnani and anor), or questioning the Plaintiffs, or instituting any Charge against the Plaintiffs....”.

Undeterred, the EFCC defended its right to investigate crime, and the case was eventually struck out in February 2022 due to the court’s lack of jurisdiction. It was therefore not until October 2022, after 5 years of investigation and legal tussle, that the EFCC was finally able to charge Khilnani to court for financial crimes.

As he failed to answer the court summons and appear in court, the EFCC in March 2023 obtained the Court’s Order and declared Khilnani wanted, which was published in the Punch Newspaper of May 17th 2023 as well as on the EFCC website.

Investigations reveal he is taking refuge outside Nigeria, while EFCC is making efforts to extradite the suspect to Nigeria.

When liberal Justice Ketanji Brown Jackson became the first Black woman to join the U.S. Supreme Court, she was expected to bring a different view on racial matters than Justice Clarence Thomas, its only other Black member and a staunch conservative.

That dispute was front and center on Thursday when the two justices publicly battled in sharply worded, dueling opinions as the court, in a blockbuster decision, effectively ended affirmative action policies in which colleges and universities consider race as a factor in student admissions. Such policies have been used by many schools for decades to boost their numbers of Black and Hispanic students.

Jackson and Thomas, reflecting a deep divide in the United States, diverged on how race must be treated in the law. Jackson promoted its use to reduce entrenched inequalities. Thomas contended that the U.S. Constitution is colorblind.

Thomas wrote a concurring opinion accompanying the ruling that said Jackson's "race-infused world view falls flat at each step." Thomas suggested that instead of treating people as the sum of their experiences and challenges, Jackson myopically focuses on "racial determinism."

Jackson countered that it is Thomas who "demonstrates an obsession with race consciousness."

"Our country has never been colorblind," Jackson wrote in her dissenting opinion, which was joined by the two other liberal justices.

George Mason University law professor Ilya Somin called the exchange "fascinating," noting that "they draw such different conclusions from the same history, even though both agree that Jim Crow (past segregation policies aimed at Black Americans in some states) and slavery were horrible forms of oppression at odds with Founding ideals."

"To some extent, the struggle that's going on is - who speaks for the Black community on this court?" Cornell Law School Professor Michael Dorf said. "Part of the undercurrent in his (Thomas's) response to Justice Jackson is that, 'She doesn't speak for all Black people, and she certainly doesn't speak for me.'"

The ruling - powered by the court's conservative majority and written by Chief Justice John Roberts - held that the Harvard and UNC policies violated the Constitution's 14th Amendment, which promises equal protection under the law. The provision was ratified in 1868 in the aftermath of the American Civil War and the emancipation of Black people who had been enslaved by white people in Southern states.

'OSTRICH-LIKE'

Jackson, who was appointed last year by Democratic President Joe Biden, portrayed the ruling as "ostrich-like," one that would "make things worse," not better.

"The only way out of this morass - for all of us - is to stare at racial disparity unblinkingly, and then do what evidence and experts tell us is required to level the playing field and march forward together, collectively striving to achieve true equality for all Americans," Jackson wrote.

"It is no small irony that the judgment the (court's) majority hands down today will forestall the end of race-based disparities in this country, making the colorblind world the majority wistfully touts much more difficult to accomplish," Jackson added.

Jackson traced the history of racism that persisted from slavery to the present day, preventing Black Americans from gaining wealth and excluding them from opportunities in education and professional life. Jackson noted, for example, that white families' median wealth is eight times that of Black families.

Jackson, 52, said the majority's decision will widen gaps between students and "delay the day that every American has an equal opportunity to thrive, regardless of race."

Thomas, who is 75 and has served on the court since 1991, delivered a defense of colorblindness - that the Constitution prohibits actions that treat minorities differently, regardless of their intent. Much of what Thomas wrote on Thursday was directed at Jackson.

"As she sees things, we are all inexorably trapped in a fundamentally racist society, with the original sin of slavery and the historical subjugation of black Americans still determining our lives today," Thomas wrote.

"The panacea, she counsels, is to unquestioningly accede to the view of elite experts and reallocate society's riches by racial means as necessary to 'level the playing field,' all as judged by racial metrics," Thomas added.

Thomas cited his personal experience in supporting his arguments: "Even in the segregated South where I grew up, individuals were not the sum of their skin color. Then as now, not all disparities are based on race."

In a footnote to her dissent, Jackson responded to Thomas's critique, suggesting that he misconstrued her arguments.

"Justice Thomas ignited too many straw men to list, or fully extinguish," Jackson wrote.

Jackson added that Thomas refuses to see the "elephant in the room" - that race-based disparities continue to impede achievement for a great number of Americans.

Reuters

WESTERN PERSPECTIVE

EU leaders back security commitments for Ukraine

European Union leaders declared on Thursday they would make long-term commitments to bolster Ukraine's security as President Volodymyr Zelenskiy urged them to start work on a new round of sanctions against Russia.

At a summit in Brussels, the leaders restated their condemnation of Russia's war against Ukraine and said the EU and its member countries "stand ready" to contribute to commitments that would help Ukraine defend itself in the long term.

In a text summarising the conclusions of the summit, the leaders said they would swiftly consider the form these commitments would take.

Josep Borrell, the bloc's foreign policy chief, suggested they could build on existing EU support, such as the European Peace Facility fund that has financed billions of euros in arms for Ukraine and a training mission for Ukrainian troops.

"The military support to Ukraine has to (be for the) long haul," Borrell told reporters, suggesting the EU could establish a Ukrainian Defence Fund, modelled on the Peace Facility.

"The training has to continue, the modernisation of the army has to continue. Ukraine needs our commitment to continue ensuring their security during the war and after the war," he added.

France - a champion of a greater security and defence role for the European Union - proposed the text, diplomats said.

But it was amended to accommodate concerns from militarily neutral countries and from staunch supporters of transatlantic cooperation such as the Baltic states, who see European security as mainly a matter for NATO, with a strong U.S. role.

The final text said the EU would contribute "together with partners" and "in full respect of the security and defence policy of certain Member States".

The EU's statement feeds into a discussion among NATO members and military powers such as the United States, Britain, France and Germany over measures to assure Ukraine that the West is committed to enhancing its security over the long term.

Ukraine has argued the best way to assure its own security and that of Europe is for it to join NATO. But Kyiv has acknowledged that is not possible during the war and NATO allies are divided over how quickly it could happen afterwards.

Addressing the EU leaders via video link, Zelenskiy thanked them for an 11th package of sanctions against Russia, which was approved earlier this month and aimed at stopping other countries and companies from circumventing existing measures.

"It is important not to stop imposing sanctions," he said, according to the text of his speech posted on the Ukrainian president's website.

"The fewer pauses there are, the less Russia will adapt to the pressure on it and the less it will think of ways to circumvent the sanctions," he said.

Zelenskiy also alluded to last weekend's abortive mutiny by the Wagner mercenary group in Russia.

"The weaker Russia is, and the more its bosses fear mutinies and uprisings, the more they will fear to irritate us. Russia's weakness will make it safe for others, and its defeat will solve the problem of this war," he said.

** Kremlin gives no detail on fate of 'General Armageddon' Surovikin after mercenary mutiny

The Kremlin declined on Thursday to give any details about the fate of Russian General Sergei Surovikin, whose status and location have not been made public since an abortive armed mutiny by mercenaries on Saturday.

Nicknamed "General Armageddon" by the Russian press for his aggressive tactics in Syria's war, Surovikin - who is a deputy commander of Russian forces in Ukraine - has been absent from view since Saturday, when he appeared in a video appealing to mercenary leader Yevgeny Prigozhin to call off his mutiny.

Surovikin had looked exhausted in that video and it was unclear if he was speaking under duress. There have since been unconfirmed reports that he is being questioned by the security services.

Kremlin spokesman Dmitry Peskov referred questions about Surovikin to the defence ministry, which has so far made no statement about him.

Asked by reporters if the Kremlin could clarify the situation with Surovikin, Peskov said: "No, unfortunately not.

"So I recommend that you contact the defence ministry; this is its prerogative."

When a reporter asked if President Vladimir Putin still trusted Surovikin, Peskov said: "He (Putin) is the supreme commander-in-chief and he works with the defence minister and with the chief of the General Staff."

Questions about "structural units within the ministry," Peskov said, should be addressed to the defence ministry.

The ministry did not reply to a Reuters request for clarity on the fate of Surovikin, one of Russia's most respected generals who previously commanded Russian forces in Ukraine for several months.

Russia's most senior generals have dropped out of public view in the wake of the mutiny aimed at toppling the top military brass, amid a drive by Putin to reassert his authority.

The mutiny, which Putin said could have tipped Russia into civil war, amounts to the biggest challenge to the Russian state since the 1991 hardline coup attempt against Mikhail Gorbachev as the Soviet Union crumbled.

Putin, Russia's paramount leader since 1999, thanked the army and law enforcement agencies for preventing what he said would have been devastating turmoil of the kind last seen after the 1917 Bolshevik Revolution.

PUTIN, PRIGOZHIN

The 70-year-old former KGB spy was shown on Wednesday visiting a mosque at the ancient, pre-Arab Naryn-Kala citadel in the Derbent fortress on the shores of the Caspian Sea, around 2,000 km (1,240 miles) south of Moscow.

The Kremlin said Putin also chaired a meeting about the development of tourism in the region. Putin, pictured in sunglasses and without a tie, was shown speaking to local residents who took selfies with him.

The fate of Prigozhin, who rose to become Russia's most powerful mercenary, remains unclear.

A private jet linked to Prigozhin flew from St Petersburg, the former imperial capital of Russia, to Moscow on Thursday, though it was unclear who was on the aircraft.

The Kremlin's Peskov said he did not have information about Prigozhin's current location.

Belarusian President Alexander Lukashenko said this week that he had persuaded Putin not to "wipe out" Prigozhin, adding that the mercenary chief had flown to Belarus.

Speaking about the causes of the mutiny, Colonel-General Andrei Kartapolov, an influential lawmaker who chairs the lower house of parliament's defence committee, said Prigozhin had refused to sign contracts for his mercenaries to serve under the defence ministry.

As a result, Kartapolov said, Prigozhin had been told his mercenaries would no longer fight in Ukraine and no longer receive money from the Russian state.

Putin said on Tuesday that Prigozhin, Wagner and his Concord catering company had received at least $2 billion from the Russian state over the past year.

RUSSIAN PERSPECTIVE

Ukraine outraged over Western expectations – Economist

Officials in Kiev are frustrated by western demands that they accelerate their counteroffensive against Russia, despite already using all available resources on the battlefield, the Economist reported on Wednesday, citing a Ukrainian intelligence source.

The outlet noted that the Ukrainian army had suffered heavy casualties during the first weeks of the widely-anticipated counteroffensive, without making any significant gains so far, prompting Ukrainian commanders to try to protect their depleted forces. 

Ukrainian officials hoped for swifter progress, but have since pointed to a number of obstacles, such as effective Russian aviation, large minefields and bad weather. 

The slow pace of the counteroffensive has reportedly started worrying Kiev’s Western backers, according to The Economist, with officials arguing that a lack of shock and momentum will cost more lives in the long run.

Politico also reported on Monday that certain Western officials have called Ukraine’s Armed Forces “too cautious” and are demanding that its troops hurry up and make significant battlefield gains soon. 

The unnamed Ukrainian intelligence source, however, told the Economist that such statements coming from the West are hypocritical. 

“Let me put this as diplomatically as I can,” he told the outlet. “Certain partners are telling us to go forward and fight violently, but they also take their time delivering the hardware and weapons we need.” 

Earlier this week, Ukrainian Foreign Minister Dmitry Kuleba told top EU diplomats that Kiev needed more artillery systems and missiles. He also insisted on speeding up the training of Ukrainian pilots on advanced fighter jets, and called for more sanctions against Moscow.

Publicly, Western officials have pledged to support Ukraine for “as long as it takes” to defeat Russia. However, the slow progress and lack of results of Kiev’s counteroffensive could jeopardize future military assistance, the Financial Times has reported. 

Meanwhile, Russia has repeatedly pointed out that the continued delivery of Western weapons to Ukraine would fail to change the outcome of the conflict and only serve to prolong it and cause more unnecessary bloodshed.

** Russia’s strike on Kramatorsk eliminates two Ukrainian generals, 50 officers — top brass

Two Ukrainian generals and up to 50 officers along with about 20 foreign mercenaries and military advisers were eliminated in Russia’s strike on the Kiev forces’ deployment site in Kramatorsk, Russian Defense Ministry Spokesman Lieutenant-General Igor Konashenkov reported on Thursday.

"According to the updated information, a June 27 precision strike on the temporary deployment site of the Ukrainian army’s 56th motorized infantry brigade in the city of Kramatorsk eliminated two generals, up to fifty officers of the Ukrainian armed forces and also up to twenty foreign mercenaries and military advisers who participated in a staff meeting," the spokesman said.

Reuters/RT/Tass

It doesn’t make sense to weigh tragedies on a scale. How do you measure them? Leo Tolstoy got it right in Anna Karenina when he said whereas all happy families are alike, every unhappy family is unhappy in its own way.

And so indeed it was on June 14 when it was reported that a boat carrying 750 migrants had capsized near Greece in the Mediterranean killing over 500 with dozens missing. 

It was one of the most horrific tragedies in recent times, claiming the lives of hundreds of migrants mostly from Pakistan, Syria, Egypt, Afghanistan and Palestine who put their lives in great danger in pursuit of the basic human instinct of looking for a better life.

A world becoming tragically familiar with migrant misery barely had time to shake its head in pity once again when news broke that a submarine, The Titan, operated by a US-based company, OceanGate, had imploded in the depths killing all five tourists on an expedition to the debris of the Titanic.

Two heart-wrenching tragedies in a space of days and yet the major global news networks could not resist reporting the tragedies on a scale of prejudice that barely disguised where their sympathy lies. 

The concerned world also rallied a multinational rescue mission for The Titan sparing neither expense nor expertise. The press provided minute-by-minute accounts of the efforts, looking for experts from around the world who had made similar missions in the past. Others got families of some of those on board to share their fears and hopes. 

How, for example, could anyone not be touched by the story of Suleman Dawood, the 19-year-old student who followed his millionaire father, Shazada, on that expedition to honour his Father’s Day wish? We were touched because the press shined a light on the human angle.

Who knows how many such stories among the hundreds of the families of the dead migrants have now gone untold? Interestingly, the Dawoods whose tragic story is still travelling the world, shared a similar Pakistani heritage with some migrants whose own stories will never be heard. 

As the search went on, the horrific deaths of the migrants in the Mediterranean fizzled from news flashes to scrolls of ticker tape and soon disappeared altogether.

From the way the networks covered the two accidents, you would be forgiven to think that they had weighed both and concluded that the lives of the 750 migrants mattered less, if they mattered at all. It was not an issue that the number of migrants who died in the Mediterranean on June 14 was over one-third of the fatality when RMS Titanic struck an iceberg on its maiden voyage in 1912.

Somehow, the unspoken message was that the migrants deserved their fate. What else did they want from Europe or the rest of the world? After all, in the last eight years or so, and long before the Russia-Ukraine war complicated things, Europe had opened its borders to an estimated 1.5 million migrant refugees. Yet, in spite of tighter border controls, controversial repatriations and deportations, the wave of migrants has been unrelenting.

Governments in Europe, especially in Italy and Greece, that spent years sleepwalking over a comprehensive plan to manage the migrant crisis have used rising domestic economic difficulties and the upsurge in right-wing groups in their countries as excuses for cracking down on migrants, sometimes, with the most cynical sea-border policing.

Since no deterrent appears to have worked so far (not unsanitary conditions, severe overcrowding, poor food and water quality, torture by guards or even reinforced barbed wires), the networks may well have deployed their own – a new set of filtering tools to cover the Mediterranean tragedy: downgrade the story if you can’t help it, otherwise turn a blind eye. 

Of course, it’s not the fault of the five victims who died in The Titan; it’s the fault of a system that treats people less than who they are because of where they are from, their skin colour – or let’s be honest – because of their economic conditions. 

It’s improbable that if the migrant boat were some ocean liner on a summer cruise of the Mediterranean an accident involving 750 passengers out of which 500 have been confirmed dead would be given the same shorthand coverage.

The double-standard between the wall-to-wall coverage of the implosion of The Titan and the short shrift that the deaths of over 500 migrants received at the hands of the global networks reecho the Shakespearean line about beggars, comets and the deaths of princes. Only that Shakespeare could not have seen that modern networks could sometimes make comets for their own princes.

The hypocritical coverage of both tragic incidents barely hides the fact that even though the deaths touched each affected family in a different way, the material condition of the dead was also a factor in how the tragedies were reported.

Former US President Barack Obama, perhaps one of the world’s most famous modern victims of right-wing calumny, called out the stark contrast, describing it as “obscene” and “untenable.” It’s an obscenity with a long history, one which in 1977 compelled UNESCO to set up the Sean MacBride Commission on North-South communication lopsidedness. 

On September 26, 2002, for example, an overcrowded Gambia-bound Senegalese ferry, Le Joola, hit a serious storm at night, killing 1,800 passengers, including the sister and 10 other relatives of the current coach of the Senegalese national football team, Aliou Cisse. Only 64 passengers survived. Cisse was saved on that day by a match for Birmingham City. It was a monumental tragedy, claiming more lives than were lost in RMS Titanic.

But that catastrophic event remained largely unreported then and remains, to date, one of the world’s most famous unlisted calamities on the global calendar. Only a BBC Africa documentary produced last year, on the 20th anniversary of the disaster and the pillars of the victims’ empty graves, remind us there was such a human tragedy!

This double-standard sometimes plays out in how help is deployed, after a humanitarian disaster. When the US sent help to Nigeria after catastrophic floods claimed over 600 lives last year, for example, it sent money - $1 million. When a devastating wildfire impacted New South Wales in Australia in late 2019, on the other hand, the US sent hundreds of firefighters. Sadly, three of them died helping.

To be fair, we can’t blame foreign countries or the major networks forever. If these countries and their networks are hostages to blinkered lenses in understanding and telling our story, journalists in the global south, including Africa, must also invest in telling their own stories themselves. 

And that does not have to be only when tragedies happen. Otherwise, neither tragedies nor heart-warming stories would have the touch, which as Tolstoy said, connects to us as humans in their own different, intimate ways.

** Ishiekwene is Editor-In-Chief of LEADERSHIP