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Tuesday, June 1, 2021

Chinese Long March 5B crashing back to Universe : Insurance and liability aspects !!

Comparing India and China is commonplace. But comparisons can often be odious.  The  social media post of the Chinese Communist Party comparing Indian funeral pyres with the images of its Long March 5B rocket’s launch was unabashed shame. The extremely distasteful caption of the post on Sina Weibo, China’s Twitter-like platform, read: “China lighting a fire versus India lighting a fire.” .. .. then there is ‘Karma’ – what goes up ! comes cracking down !!!

Decades ago in 1979 – rumours ran so high that most people in globe feared a mighty fall from the sky a la Chicken do little – across India, especially Andhrapradesh, fear was high as according to some reports that object from the sky could hurtle in Karimnagar.  Some of them hid their wealth in the wells and some spent all the money they had saved for their enjoyment since they feared that lives would come to an end soon. Reportedly some sold their property and cattle at low prices ! – eventually some pieces were scattered across Australia, but no one on the ground was hit and no property damage was reported.

2020 was all about the Corona virus that emanated from China – WHO ensured that it was named Covid 19 with no reflection of its origin but the variants could have the name as British, Indian, South African .. .. et.al. .. now amidst the strong 2nd wave there is another fear – that of a large Chinese rocket stage reentering Earth’s atmosphere in the coming days and the potential impact of the falling debris. !! 


The Long March 5B successfully launched a 22.5-metric-ton core module of China’s first space station last week. During the launch, the first stage of the Long March 5B also reached orbital velocity instead of falling downrange as is common practice. That placed the empty rocket body in an elliptical orbit around Earth where it is being dragged toward an uncontrolled reentry in the coming days. [very clearly a failed launch but no one is talking about that !] The rocket stage’s orbital inclination of 41.5 degrees means that reentry can be as far north as Chicago, New York City, Rome and Beijing and as far south as New Zealand and Chile. That places any of the locations within the potential reentry path of this giant piece of space junk measuring 98 feet long by 16.5 feet wide and weighing 21 metric tons.  

Space debris (also known as space junk,  space garbage) is defunct human-made objects in space—principally in Earth orbit—which no longer serve a useful function. These include derelict spacecraft—nonfunctional spacecraft and abandoned launch vehicle stages—mission-related debris, and particularly numerous in Earth orbit, fragmentation debris from the breakup of derelict rocket bodies and spacecraft. In addition to derelict human-built objects left in orbit, other examples of space debris include fragments from their disintegration, erosion and collisions.  The fact is that such space debris can fall on you and the threat is this space junk measures 98 feet long by 16.5 feet wide and weighing 21 metric tons.  .. .. and that can cause colossal damage!   The innate fears that it creates in mankind (already frightened by Covid) is :

1)   can it cause physical harm meaning will it kill people

2)   will it damage my property – in which case will my Property insurance come to my rescue ! 


If you know Insurance and have taken a Property policy covering your assets (house property) – the coverage would be provided as per the  Standard Fire and Special Perils Policy (Material damage) which came into effect from April 2003.  These are annual policies and you will have to check when you paid premium last – if the cover is in force – the Fire Policy as it is called covers specified 12 perils from Fire / riots / floods / storm and without elaborating names ‘Aircraft damage’ too.   The standard definition of coverage here would be ‘fire and other damage caused to the property insured caused   directly by aircraft or any aerial device, (would damage caused by their falling) however,  damages due to pressure waves caused by aircraft traveling at supersonic speed are taken out from the policy,

 

Whether Insurers would indemnify such losses or would interpret that spacecrafts and articles falling from space are not intended to be covered – there cannot be a straight and definitive answer.   Interestingly effective 1st Apr 2021, Indian market has ‘Bharat Griha Raksha’ replacing Standard fire & special perils policy !

 

The introductory definition of this policy reads that ‘ the policy offers cover against a wide range of perils, namely Fire, Natural Catastrophes (Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Tsunami, Flood, Inundation, Earthquake, Subsidence, Landslide, Rockslide), Forest, Jungle and Bush fires, Impact Damage of any kind, Riot, Strike, Malicious Damages, Acts of terrorism, Bursting and overflowing of water tanks, apparatus and pipes, Leakage from automatic sprinkler installations and Theft within 7 days from the occurrence of any of the aforesaid events.  .. .. ‘aircraft damage’ does not appear here but the definition of Impact damage reads  :  Impact damage of any kind, i.e., damage caused by impact of, or collision caused by any external physical object (e.g. vehicle, falling trees, aircraft, wall etc.)  .. this could put the cause squarely within the parameters of coverage is a solace.

 

Then comes a larger Q – whether there would be liability for China to any party be it an individual or Nation for the damages caused arising out of falling rocket launched by it and whether Insurance coverage exists for such liability !!

 

Satellite Insurance would be an elitist subject unlikely to be understood by lesser mortals.  It was reported in 2019 that  Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources stated. The Vega rocket carrying a military observation satellite for the United Arab Emirates veered off course shortly after take-off and crashed. Prior to the accident, Italian aerospace company Avio Aero AVI.MI, which built the Vega, said it had a 100% success rate. 

 

The insurance loss for the rocket and satellite represented the largest recorded loss in the space market, it was reported. Till such instance, insurance premiums for commercial satellite and rocket accidents had been  falling due to strong competition among insurers and improved rocket reliability.  Vega crash, changed that course  leading to higher costs for space rocket launches.

 

Besides the gargantuan costs of the Satellites and its launches, there is aspect of probably liability out of its falling and causing damages.  The  issue of liability is framed by the general framework developed at the international level by means, principally, of Article VII of the Outer Space Treaty  and the Liability Convention.  The starting point in this respect is the principled allocation of liability for damage caused by a space object to the “launching State” or “launching States” of that space object. Article II of the Liability Convention provides in this respect: “A launching State shall be absolutely liable to pay compensation for damage caused by its space object on the surface of the Earth or to aircraft in flight,”  whereas Article III along the same lines provides: “In the event of damage being caused elsewhere than on the surface of the Earth to a space object of one launching State or to persons or property on board such a space object by a space object of another launching State, the latter shall be liable only if the damage is due to its fault or the fault of persons for whom it is responsible.”

 

The Liability Convention defines the “launching State” for the purposes of these clauses as: “(i) A State which launches or procures the launching of a space object; (ii) A State from whose territory or facility a space object is launched.”  The fact that this definition may result in several states being liable for the same damage-causing event—a space object may be launched by one state on behalf of another, which thus has “procured” the launch in question —does not take away any liability but merely results in liability being joint and several.

 

The Liability Convention was considered and negotiated by the Legal subcommittee from 1963 to 1972. Agreement was reached in the General Assembly in 1971 and the Convention entered into force in September 1972. Elaborating on Article 7 of the Outer Space Treaty, the Liability Convention provides that a launching State shall be absolutely liable to pay compensation for damage caused by its space objects on the surface of the Earth or to aircraft, and liable for damage due to its faults in space. The Convention also provides for procedures for the settlement of claims for damages.  The Convention on International Liability for Damage Caused by Space Objects, also known as the Space Liability Convention, is a treaty from 1972 that expands on the liability rules created in the Outer Space Treaty of 1967. In 1978, the crash of the nuclear-powered Soviet satellite Kosmos 954 in Canadian territory led to the only claim filed under the Convention.

 

Before concluding the odious comparison of the social media post comparing Indian funeral pyres with Long March 5B rocket launch fire,  the biggest blowback came from the Chinese public, who derided the post by the CCP’s Central Political and Legal Affairs Commission, or Zhongyang Zhengfawei, as “inappropriate”, and called for a nationwide expression of sympathy for India, in line with President Xi Jinping’s own remarks a day earlier. The original post was subsequently deleted, surviving only in screenshots circulated across Weibo and global social media platforms. But karma can be quite a leveller. Because the story doesn’t end here. The international media’s focus has shifted from the Zhongyang Zhengfawei’s social media faux pas to that Long March 5B rocket featured in the post.  No matter what becomes of China’s space debris, this turn of event makes the timing and nature of that Sina Weibo post doubly unfortunate, and represents egg on the face of Guo Shengkun, a prominent CCP official and head of Zhongyang Zhengfawei.

 

But knowing China well, it is has perhaps planted sleeper cells so well that such incidents will not mar its reputation nor prevent their recurrence ! Sad ! – the immediate solace is that according to present reports ‘India reportedly is off the radar of the falling debris’

 

With regards – S. Sampathkumar

7th May 2021.

 


IPL match affected - Aussie ban return of their Nationals from India !!

From 9th April 2021 till date – daily routine has been watching IPL for atleast 4 hours – it has been such a great entertainment ! .. .. …… but sadly – not today.



Yesterday – when many were busy seeing Assembly election results - Mayank Agarwal on his captaincy debut scored an unbeaten 99 which was  60% of Punjab Kings' runs in fewer than half the balls but that  was not enough to push his side to a total that would challenge Delhi Capitals in the chase. Prithvi Shaw and Shikhar Dhawan broke the back of the chase in the Powerplay, and Dhawan went on to seal the win, reclaiming the orange cap as he did so. A sixth win in eight matches took capitals to the top of the table.

There was no KL Rahul who had an emergency surgery for  appendicitis.  The Kings flew Rahul on a charter flight to Mumbai, where he underwent laparoscopic appendectomy, a minimally invasive surgery. The doctors are understood to have told the Kings that Rahul would be able to restart all activity after a week's rest. The Kings will now consult with the IPL to determine Rahul's quarantine period and other protocols that would need to be followed in order for him to re-enter the team bubble and start playing again.

The security of bio-bubble would be further discussed and redefined as today’s match between  Kolkata Knight Riders and the Royal Challenges Bangalore in Ahmedabad has been rescheduled after the   Varun Chakravarthy and seam bowler Sandeep Warrier tested positive for Covid-19. This is the first instance of positive Covid-19 cases within an IPL team bubble since the 2021 season started. It is believed that Chakravarthy recently left the IPL's biosecure bubble through the official green channel to get a scan on an injured shoulder and that is where he might have been exposed.   Three members of the Chennai Super Kings' IPL contingent - chief executive Kasi Viswanathan, bowling coach L Balaji, and a bus cleaner - have tested positive for Covid-19. It is understood that the others in the group, which is currently in Delhi, have cleared their tests, which were conducted on Sunday. So the match involving CSK would go on as scheduled on 5th May

Contrary to what Punjab did to KL – flying him by chartered fight – Australia has reacted differently, very strongly.  There is a travel ban against their entry back to their Nation !!

The travel ban preventing Australians in India from returning home could be subject to legal challenges, with lawyers and academics believing the extraordinary measure may breach the law.  Scott Morrison’s government has been widely condemned for its “outrageous” decision to introduce fines of up to $66,600 or five years in prison, or both, for anyone defying a travel ban preventing Australians returning home from India. The travel ban officially begins on Monday, in what is believed to be the first time Australia has banned its own citizens from returning home.

Griffith University human rights law Prof Sarah Joseph said the ban, implemented under the Biosecurity Act, must satisfy section 477 of that act, which states that the measure has to be “appropriate” and “no more restrictive or intrusive than is required in the circumstances”. If I was in that situation I would be thinking about challenging it.  She said that the relative success of Australia’s hotel quarantine program in restricting the spread of Covid-19, compared with the desperate situation in India, among other factors, could help a prospective litigant frame a case that the travel ban was inappropriate. “It’s a pretty extraordinary measure, and any extraordinary measure runs the risk of being considered disproportionate,” she said.

Scott Morrison has told Australian cricketers playing in the Indian Premier League they will not be able to return home ahead of other Australians currently stranded in the country, after Western Australia’s premier, Mark McGowan, suggested it was “galling” the cricketers were even allowed to fly to the subcontinent during the pandemic. The prime minister said  that  the Australian cricketers would have to use their own resources to return to Australia as he announced a temporary ban on all direct flights from India until 15 May. There had been speculation Cricket Australia might have to charter a flight if travel restrictions extended beyond the end of the IPL season. Morrison suggested the cricketers would not be prioritised when government-organised repatriation flights – which were also suspended on Tuesday – ultimately resumed. He insisted Australians seeking to return from India would be assessed “on vulnerability”.

 “They have travelled there privately,” the prime minister said when asked if the cricketers could be prioritised when flights resumed. “This wasn’t part of an Australian tour. They’re under their own resources and they’ll be using those resources too, I’m sure, to see them return to Australia in accordance with their own arrangements.”  A total of 36 Australians remain in India – 14 players, 11 coaches, four commentators, two umpires and five support staff, plus one New Zealand commentator who is an Australian resident.  Among the playing group are star players Glenn Maxwell, Pat Cummins, Steve Smith and David Warner, while the likes of Ricky Ponting, Simon Katich, David Hussey and Lisa Sthalekar are also in India working for clubs or in commentating roles.

Not all players are planning to return to Australia at the end of the tournament, with a number hoping to fly on to different destinations across the globe to play in other cricket competitions.

With regards – S. Sampathkumar
3rd May 2021
  

Covid strikes IPL screeches to a halt !!

Covid 19 is striking deep !  .. .. World is reeling !!

The Tamil Nadu government has said that all Government and private offices will have to function only with 50% capacity as   revised lockdown guidelines  will be in force from 4 am of May 6 to 4 am of May 20 in view of increasing Covid-19 infections in the state.  Metro trains, private and government buses, and taxis have to run only with 50 per cent occupancy.  As per the revised lockdown guidelines issued by the government on Monday night, grocery shops and vegetable shops inside malls and shopping complexes will not be allowed to function from May 6. Supermarkets, grocery shops, vegetable outlets and tea shops can function until noon only. All activities, including political, community, sports, recreation, cultural and other events, are banned in indoor and open areas. Theatres will remain closed.

An Indian Air Force aircraft, carrying 450 oxygen cylinders each of capacity 46.6 litres from the United Kingdom, reached Chennai early this  morning. According to Chennai Customs, they completed all customs clearances within fifteen minutes as soon as the first batch of cylinders reached the Chennai International Airport. 

Miles away, Pakistan Cricket Board  has launched a parental support policy, which will allow players - women and men - to get paid leave during periods of pregnancy and upon the birth of a child. Women will get up to 12 months of paid leave, with men allowed 30 days. All players can benefit from the scheme immediately, and it will start with Bismah Maroof, who recently took an indefinite break to prepare for motherhood. "The PCB has a duty of care towards its cricketers and, at every turn, it has taken measures to support them," Wasim Khan, the PCB chief executive officer, said. 

In Pallekele, in the 2nd test - Praveen Jayawickrama entered the record books as Sri Lanka's inexperienced spin attack carried them to a 209-run win.  Jayawickrama's match figures of 11 for 178 was the best by a Sri Lankan bowler on debut, the best by a left-arm spinner on debut and the first bowler to take a 10-wicket haul on debut since Jason Krejza in 2008.

Though the country has produced some remarkable pace swing bowlers – Lankans have had great spinners too.  Remember that after inaugural World cup in 1975, a Lankan Team under Anura Tennekon played 3 unofficial tests and drew one.  In Dec 1975, they played South Zone at Chennai MAC Stadium and lost by 5 wickets.  There were 2 De Silvas operating in tandem – and the leg spinner impressed most.

Dandeniyage Somachandra de Silva  played Test and ODI cricket in the 1970s and 1980s. He is the first ODI cap for Sri Lanka. He bowled leg spin, and on the tour of Pakistan in 1982 he became the first Sri Lankan bowler to take five wickets in a Test innings. Somachandra's elder brothers D. H. de Silva and D. P. de Silva were also Ceylonese first-class cricketers. His test debut came at a ripe age of 42!  .. .. after retirement, he embarked on a coaching career, taking over the Sri Lanka Under-19 team, which made the World Cup final in 2009.  He was then appointed chairman of the interim committee to run Sri Lanka Cricket (SLC) which was marred by some controversies. Under his leadership, SLC built stadiums in Pallekele and Hambantota, with questions asked about the choice of location.  SLC remains hamstrung by the loan repayments for those stadia. At the conclusion of his tenure as chairman, de Silva was appointed ambassador to Poland.

We have to read all these news and sundry for IPL 2021 has been postponed, yes, from yesterday there are no matches !! following several positive Covid-19 cases across franchises over the past couple of days. There is no official word yet on when or whether the remainder of the tournament will be staged, though BCCI vice-president Rajiv Shukla was emphatic it "will happen" and a decision would be taken when the pandemic situation improved. In a statement, the IPL said the decision was "unanimously" taken by the tournament's Governing Council and the BCCI. "The BCCI does not want to compromise on the safety of the players, support staff and the other participants involved in organising the IPL," the statement said. "This decision was taken keeping the safety, health and wellbeing of all the stakeholders in mind.

The statement also said the BCCI would do "do everything in its powers to arrange for the secure and safe passage of all the participants in IPL 2021". A few players spoke to their franchises about wanting to leave the country, the franchises also confided in us. Not many players were willing to leave the country, but obviously there is a panic-like situation, and if people are scared, we need to look at that aspect and take steps accordingly. So taking the players' concerns, their families' concerns in mind, we have taken this decision." Though the statement itself was unclear on the tournament resuming, Shukla's comments suggested that it would at some point. "One thing I want to make very clear, it has not been cancelled - it has been suspended, it has been postponed, it has been deferred. So it will happen. The remainder of the IPL will happen but in due course, when the Covid situation improves, a decision will be taken."



The announcement came following increasing Covid-19 positive cases within the IPL. The Sunrisers Hyderabad became the third franchise to register cases when it was confirmed earlier on Tuesday that Wriddhiman Saha had tested positive for Covid-19 and was isolating from the rest of the squad.

Sad Covid is on the rise – and the biggest entertainment has come to a sudden halt. 

With regards – S. Sampathkumar
4.5.2021

  

celebrating Akshaya Tritiya 2021 with good deeds than buying Gold

Irumbukkottai Murattu Singam directed by Chimbu Deven, starring Raghava Lawrence, Padmapriya, Lakshmi Rai, and Sandhya – was a good comedy parody on  cowboy stories.

Today, 14th May 2o21 is ‘Akshaya Tritiya’ – according to some the  Tithi begins at 05:39 and is considered a good time to buy gold for wealth, health and fortune ! over the years, this was hyped to be most auspicious day for purchase and the volumes of gold trade was touching newer peaks.

Covid 19 has changed the way World looked at many things and ‘Akshaya Tritiya’ is no exception.  The  gold price at Multi Commodity Exchange (MCX) dipped Rs.161 after making Wednesday close of Rs.47,472 per 10 gm.  The landscape for wholesale gold trading is quite complex and constantly evolving. The three most important gold trading centres are the London OTC market, the US futures market and the Shanghai Gold Exchange (SGE). These markets comprise more than 90% of global trading volumes and are complemented by smaller secondary market centres around the world (both OTC and exchange-traded).  The Dubai Gold Souk is a traditional market in the heart of old Dubai by the creek.  

Jewellery traders across the country are set to suffer additional business losses amid the lockdown impact on festive sales during Akshaya Tritiya and Eid on Friday. According to the traders’ body Confederation of All India Traders (CAIT), the highest amount of gold and jewellery is sold on Akshaya Tritiya annually.  It will be the second consecutive year for the jewellery traders to remain under lockdown  .. ..   in  2019, there was a sale of more than Rs 10,000 crores on Akshaya Tritiya but last year due to lockdown, the gold sale was restricted to only 5 per cent worth around Rs 500 crores. Now in the second year of lockdown on Akshaya Tritiya, the gold and jewellery trade has suffered a big setback,” said Pankaj Arora, National Convenor, All India Jewellers and Goldsmith Federation. 

You may be surprised to know that for  centuries, gold was measured in “tola”  but the advent of metric system overtook this historical association – nowadays, you read daily about the change in price per gram ! In life’s race, often the destination too is forgotten – every morning you wake up, to start running and feel mission unfinished as you hit the bed .. .. .. Corona has changed the way people live .. many have had bitter experiences and are struggling to cope up with the day-to-day occurrences, to them Akshaya Tritiya may not be any charm! 

Back home, for sure you would have noticed in the past years -  so many advertisements and offers being made by famous as also little known jewellers – and everyone is shouting to offer gold ! ~ on this day there used to be huge crowds at gold jewellery shops, while smart some   made online purchase or pre-booked their share of gold.  

My personal belief is when you have money – any day is a good day to buy, save and cherish.  If you think, the day on which rates are lowest is the best day to make a purchase.  Now this time, Covid 19 has made people realize that more than money, it is existence, it is living – living with good health, with near and dear too keeping good health and being in a position to be with them. Life is now all about survival healthily and being with family !!

Be it Akshaya Tritiya or otherwise – when we have some money – keep some for your future, and spend something on society – on the needy ! on poor – on people known to you.. .. …

            If you donate towards PM Cares Fund / to Hospital / for purchase of oxygen / for medical treatment / health care of anyone suffering – you will be blessed and the blessings will protect you and your family

                        One can organize food for those affected and those suffering’

            One can support those daily wage earners who have no avenues for revenue now in the lockdown and are suffering

            Ensure that you pay full wages to housemaids and other servants employed by you

            One may think of giving some soft loans to those doing small time business, may be auto-drivers, vegetable vendors and the like

            Right time to medidate, perform meritorious (Punya karma) deeds – recitations, renditions of holy scripts, penance and other spiritual activities at home

            Ever be considerate to all fellow human beings – especially to the poor and needy and those like elderly watchmen

            Good time to start Education and provide educational support to poor

            Feed cows and other cattle with green fodder – provide food – rice, cereals, water to birds and animals

            Obliterate the bitter memories of the past and renew relationships

            Resolve to start a good clean habit – learn and practice Yoga

            Ensure that you have full insurance protection for your assets

            Ensure that you have full and proper Health insurance for self and family

            Serve and support a good organization rendering Social service that you know [perhaps you can think of Srinivas Youngmens Association] (SYMA) 

Happy Akshaya Trithiya ~ plan it to be a Good day for Self & family, rather than for the trader alone. 



In the concluding part of Irumbukottai Murattu Singam, Singaram in disguise as Singam returns after successful adventure of treasure hunt and is hailed in Jayasankarpuram.  The happy residents present him with a large diamond and a platter of gold coins .. .. but Singaram declines the gold coins asking them to build a school with that fund stating that Education is most important and can change the future of children. 

With regards – S. Sampathkumar
14th May 2021.