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Norway keen to join China-led aid bank

Norway said on Tuesday that it wanted to join the China-backed Asian Infrastructure Investment Bank, even though Beijing has snubbed Oslo since the Nobel Peace Prize was awarded to a Chinese dissident.

Norway keen to join China-led aid bank
Chinese president Xi Jinping with heads of delegations following the signing ceremony of the Memorandum of Understanding (MOU) on Establishing the AIIB. Photo: AIIB
"Norway is a substantial contributor to global development efforts, and wishes to join countries from Asia and other parts of the world in further refining the structure and mission of the AIIB," Foreign Minister Børge Brende said in a statement.
 
China has given other countries until March 31 to express interest in joining the project, which is aimed at financing infrastructure development in Asia.
 
The outcome of Norway's candidacy is uncertain, however. Beijing cut all high-level ties with Oslo after the Nobel Peace Prize went to Liu Xiaobo in 2010.
 
The Norwegian government has repeatedly maintained that the Nobel Committee is independent and makes its own choices, but the Chinese regime has torpedoed any attempts at normalising relations.
 
"The AIIB is an open and inclusive organisation and we welcome the participation of all parties to jointly promote infrastructure building in Asia," a Chinese government spokeswoman told reporters prior to Norway's
announcement.
 
"We welcome countries in and outside the region to take an active part in the preparations for the establishment of the AIIB," she said.
 
Numerous countries, including Brazil, Britain, Egypt, France, Germany, Italy, Russia and Sweden have expressed interest in joining the AIIB. Japan and the US are however sceptical.
 
The new multinational lender is seen as a threat to the World Bank and the Asian Development Bank, two institutions that are heavily influenced by the US and Japan.
 
Beijing said elsewhere on Tuesday that Taiwan would not be allowed to join the AIIB, citing its "One China" policy which sees the island as part of its territory awaiting reunification.
 
The AIIB, whose headquarters will be in Beijing, will initially have $50 billion (46 billion euros) at its disposal.
 
China is expected to foot the bulk of the initial money needed to get it started, with donations from other members set to increase the size of the overall fund to more than $100 billion.

NOBEL

US duo win Nobel for work on how heat and touch spark signals to the brain

US scientists David Julius and Ardem Patapoutian on Monday won the Nobel Medicine Prize for discoveries on receptors for temperature and touch.

US duo win Nobel for work on how heat and touch spark signals to the brain
Thomas Perlmann (right), the Secretary of the Nobel Committee, stands next to a screen showing David Julius (L) and Ardem Patapoutian, winners of the 2021 Nobel Prize for Medicine. Photo: Jonathan Nackstrand/AFP

“The groundbreaking discoveries… by this year’s Nobel Prize laureates have allowed us to understand how heat, cold and mechanical force can initiate the nerve impulses that allow us to perceive and adapt to the world,” the Nobel jury said.

The pair’s research is being used to develop treatments for a wide range of diseases and conditions, including chronic pain. Julius, who in 2019 won the $3-million Breakthrough Prize in life sciences, said he was stunned to receive the call from the Nobel committee early Monday.

“One never really expects that to happen …I thought it was a prank,” he told Swedish Radio.

The Nobel Foundation meanwhile posted a picture of Patapoutian next to his son Luca after hearing the happy news.

Our ability to sense heat, cold and touch is essential for survival, the Nobel Committee explained, and underpins our interaction with the world around us.

“In our daily lives we take these sensations for granted, but how are nerve impulses initiated so that temperature and pressure can be perceived? This question has been solved by this year’s Nobel Prize laureates.”

Prior to their discoveries, “our understanding of how the nervous system senses and interprets our environment still contained a fundamental unsolved question: how are temperature and mechanical stimuli converted into electrical impulses in the nervous system.”

Grocery store research

Julius, 65, was recognised for his research using capsaicin — a compound from chili peppers that induces a burning sensation — to identify which nerve sensors in the skin respond to heat.

He told Scientific American in 2019 that he got the idea to study chili peppers after a visit to the grocery store.  “I was looking at these shelves and shelves of basically chili peppers and extracts (hot sauce) and thinking, ‘This is such an important and such a fun problem to look at. I’ve really got to get serious about this’,” he said.

Patapoutian’s pioneering discovery was identifying the class of nerve sensors that respond to touch.

Julius, a professor at the University of California in San Francisco and the 12-year-younger Patapoutian, a professor at Scripps Research in California, will share the Nobel Prize cheque for 10 million Swedish kronor ($1.1 million, one million euros).

The pair were not among the frontrunners mentioned in the speculation ahead of the announcement.

Pioneers of messenger RNA (mRNA) technology, which paved the way for mRNA Covid vaccines, and immune system researchers had been widely tipped as favourites.

While the 2020 award was handed out in the midst of the pandemic, this is the first time the entire selection process has taken place under the shadow of Covid-19.

Last year, the award went to three virologists for the discovery of the Hepatitis C virus.

Media, Belarus opposition for Peace Prize?

The Nobel season continues on Tuesday with the award for physics and Wednesday with chemistry, followed by the much-anticipated prizes for literature on Thursday and peace on Friday before the economics prize winds things up on Monday, October 11.

For the Peace Prize on Friday, media watchdogs such as Reporters Without Borders and the Committee to Protect Journalists have been mentioned as possible winners, as has the Belarusian opposition spearheaded by Svetlana Tikhanovskaya. Also mentioned are climate campaigners such as Sweden’s Greta Thunberg and her Fridays for Future movement.

Meanwhile, for the Literature Prize on Thursday, Stockholm’s literary circles have been buzzing with the names of dozens of usual suspects.

The Swedish Academy has only chosen laureates from Europe and North America since 2012 when China’s Mo Yan won, raising speculation that it could choose to rectify that imbalance this year. A total of 95 of 117 literature laureates have come from Europe and North America.

While the names of the Nobel laureates are kept secret until the last minute, the Nobel Foundation has already announced that the glittering prize ceremony and banquet held in Stockholm in December for the science and literature laureates will not happen this year due to the pandemic.

Like last year, laureates will receive their awards in their home countries. A decision has yet to be made about the lavish Peace Prize ceremony held in Oslo on the same day.

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