President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.
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President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out American steelmaker US Steel. That’s according to disclosures filed with the US Securities and Exchange Commission.
The provision gives the president the power to appoint a board member and have a say in company decisions that affect domestic steel production and competition with overseas producers.
Under the provision, Trump — or someone he designates — controls that decision-making power while he is president. However, control over those powers reverts to the Treasury Department and the Commerce Department when anyone else is president, according to the filings.
The White House responded in a statement that the share is “not granted to Trump specifically, but to whoever the president is”. Officials were asked why Trump will directly control the decision-making and why it goes to the Treasury and Commerce departments under future presidents.
Still, the wording of the provision is specific to Trump.
It lists what decisions cannot be made without “the written consent of Donald J. Trump or President Trump’s Designee” at “any time when Donald J. Trump is serving as President of the United States of America” or “at any other time, the written consent of the CMAs”, a contractual term for the Treasury and Commerce departments.
Nippon Steel’s nearly $15 billion buyout of Pittsburgh-based US Steel became final last week, making US Steel a wholly-owned subsidiary.
Trump has sought to characterise the acquisition as a “partnership” between the two companies after he at first vowed to block the deal — as former President Joe Biden did on his way out of the White House — before changing his mind after he became president.
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The national security agreement became effective 13 June and is between Nippon Steel, as well as its American subsidiary, and the federal government, represented by the departments of Commerce and Treasury, according to the disclosures.
The complete national security agreement hasn’t been published publicly, although aspects of it have been outlined in statements and securities filings made by the companies, US Steel said Wednesday.
The pursuit by Nippon Steel dragged on for a year and a half, weighed down by national security concerns, opposition by the United Steelworkers, and presidential politics in the premier battleground state of Pennsylvania, where US Steel is headquartered.
The combined company will become the world’s fourth-largest steelmaker in an industry dominated by Chinese companies, and bring what analysts say is Nippon Steel’s top-notch technology to US Steel’s antiquated steelmaking processes. That’s on top of a commitment to invest $11bn to upgrade US Steel facilities.
The potential that the deal could be permanently blocked forced Nippon Steel to sweeten the deal.
That included upping its capital commitments in US Steel facilities and adding the golden share provision, giving Trump a veto power on specific matters and the right to appoint an independent director.
Those matters include reductions in Nippon Steel’s capital commitments in the national security agreement; changing US Steel’s name and headquarters; closing or idling US Steel’s plants; transferring production or jobs outside of the US; buying competing businesses in the US; and certain decisions on trade, labour and sourcing outside the US.
Osteomyelitis is a bone infection usually caused by bacteria, but sometimes by fungi. It can affect any bone in the body. In children, it often happens in the long bones of the legs and arms. In adults, it usually affects the spine and pelvis. This infection can start in the bone if germs spread from nearby tissue, through the blood, or because of an open fracture or surgery involving the bone.
Osteomyelitis is an infection of the bone, typically caused by bacteria, though it can also be due to fungi. It can affect any bone in the body but commonly occurs in the long bones of the legs and arms in children and the vertebrae and pelvis in adults. The condition can develop when an infection spreads to the bone from nearby tissue, through the bloodstream, or due to an open fracture or surgery involving the bone.
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Symptoms of osteomyelitis?
Symptoms of osteomyelitis can vary depending on the type and location of the infection, as well as the age of the patient. Common symptoms include:
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Bone Pain: Severe and persistent pain in the affected bone.
Fever: High temperature, often accompanied by chills.
Swelling: Swelling around the affected area.
Redness and Warmth: Redness and increased warmth over the infected bone.
Fatigue: General feeling of tiredness or malaise.
Limited Movement: Reduced ability to move the affected limb or joint.
Tenderness: Tenderness over the affected area.
Night Sweats: Sweating at night, which can be a sign of infection.
Weight Loss: Unintended weight loss in some cases.
Causes of osteomyelitis?
Osteomyelitis is an infection of the bone caused primarily by bacteria, but it can also result from fungi or other pathogens. The infection can reach the bone through various routes:
1. Hematogenous Spread
Bloodstream Infection: Bacteria or fungi in the bloodstream from infections elsewhere in the body, such as pneumonia or a urinary tract infection, can spread to the bone.
2. Contiguous Spread
Local Infections: Infections in nearby tissues, such as skin infections, can spread to the bone.
3. Direct Inoculation
Trauma: Direct injury to the bone, such as a fracture that pierces the skin, can allow bacteria to enter the bone.
Risk Factors
Certain factors increase the likelihood of developing osteomyelitis:
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Chronic Conditions: Conditions such as diabetes, which can impair blood flow and immune response, increase the risk.
Peripheral Vascular Disease: Poor blood circulation can limit the body’s ability to fight infections.
Weakened Immune System: Conditions like HIV/AIDS or treatments like chemotherapy can weaken the immune system.
Intravenous Drug Use: Using non-sterile needles can introduce bacteria directly into the bloodstream.
Recent Surgery or Injury: Recent bone surgery or traumatic injury increases the risk of infection.
Implants: The presence of foreign materials, such as joint prostheses or bone screws, can provide a surface for bacterial growth.
Understanding the causes and risk factors for osteomyelitis is crucial for prevention and timely treatment.
How is osteomyelitis diagnosed?
Diagnosing osteomyelitis involves a combination of medical history, physical examination, and diagnostic tests to confirm the presence of bone infection and identify the causative organisms. Here are the common steps and methods used in the diagnosis
Medical History and Physical Examination
Medical History: The doctor will inquire about symptoms, recent infections, surgeries, injuries, and any underlying health conditions.
Physical Examination: The affected area will be examined for signs of infection such as swelling, redness, warmth, and tenderness.
Diagnostic Tests
1. Blood Tests
Complete Blood Count (CBC): Elevated white blood cell count can indicate infection.
Blood Cultures: To identify bacteria or fungi in the bloodstream that might have spread to the bone.
2. Imaging Tests
X-rays: Can show bone damage, though changes may not appear until a few weeks after the infection starts.
Magnetic Resonance Imaging (MRI): Provides detailed images of bone and soft tissues, helping to detect early signs of infection.
Computed Tomography (CT) Scan: Offers detailed cross-sectional images of the bone, useful in complex cases.
3. Bone Biopsy
Needle Biopsy: A needle is used to take a small sample of bone tissue. This is usually guided by imaging techniques like CT or MRI.
Open Biopsy: A surgical procedure where a sample of bone is taken. This is done if a needle biopsy is inconclusive or not possible.
Additional Tests
Ultrasound: Can help detect fluid collections or abscesses near bones, especially in children.
Bone Marrow Aspiration: In some cases, a sample of bone marrow may be taken for examination.
By combining these diagnostic methods, doctors can accurately diagnose osteomyelitis, identify the causative organisms, and develop an effective treatment plan.
How to Treat Osteomyelitis
Treating osteomyelitis typically involves a combination of antibiotics or antifungal medications and, in some cases, surgical intervention. The primary goals are to eliminate the infection, reduce symptoms, and prevent complications. Here are the main treatment strategies:
Antibiotic or Antifungal Therapy
Intravenous (IV) Antibiotics
Initial Treatment: High doses of IV antibiotics are often administered in a hospital setting for several weeks.
Common Antibiotics: Vancomycin, ceftriaxone, ciprofloxacin, and others, depending on the identified bacteria and their antibiotic sensitivities.
Surgical Treatment
1. Debridement
Removal of dead or infected bone tissue is often necessary to prevent the spread of the infection. This may involve removing small sections of bone or more extensive areas, depending on the severity of the infection.
2. Restoration
After debridement, measures to restore blood flow to the affected bone might include bone grafts or the use of metal hardware to stabilize the bone.
Supportive Measures
Pain Management
Pain relief is important and may involve medications such as nonsteroidal anti-inflammatory drugs (NSAIDs) or other pain relievers.
Management of Underlying Conditions
Controlling conditions like diabetes is crucial, as they can affect the healing process and increase the risk of recurrent infections.
Preventing of Osteomyelitis
Preventing osteomyelitis involves measures to reduce the risk of infections and ensure early intervention if an infection occurs. Here are key strategies for prevention:
Good Hygiene and Wound Care
Clean Wounds Properly: Thoroughly clean cuts, scrapes, and other wounds with soap and water. Apply an antiseptic and cover with a sterile bandage.
Monitor Wounds: Check wounds regularly for signs of infection, such as increased redness, swelling, warmth, and pus.
Change Dressings: Replace dressings as needed to keep the wound clean and dry.
Prompt Treatment of Infections
Seek Medical Attention: Get prompt treatment for any infections, such as skin infections, urinary tract infections, or respiratory infections, to prevent them from spreading.
Managing Chronic Health Conditions
Control Diabetes: Maintain good blood sugar control to reduce the risk of infections, including those that can lead to osteomyelitis.
Manage Circulatory Issues: Improve blood flow through regular exercise, not smoking, and managing conditions like peripheral vascular disease.
Avoiding Intravenous Drug Use
Don’t Use Non-Sterile Needles: Avoid using non-sterile needles, which can introduce bacteria directly into the bloodstream.
Surgical Precautions
Post-Surgical Care: Follow post-operative care instructions carefully, including taking prescribed antibiotics, to prevent surgical site infections.
Faq’s
Q1. What Causes Osteomyelitis?
A1. Osteomyelitis is usually caused by staphylococcus bacteria. These germs are commonly found on the skin or in the nose, even in healthy people. Germs can enter a bone in different ways, including through the bloodstream.
Q2. What is the Most Common Bone Site of Osteomyelitis?
A2. In adults, the most common place for osteomyelitis is the vertebral bodies (spine). Other common sites include the long bones, pelvis, and clavicle (collarbone).
Q3. What is the Best Treatment for Osteomyelitis?
A3. The best treatments for osteomyelitis are:
Surgery to remove infected or dead parts of the bone.
Intravenous antibiotics, which are given in the hospital.
Q4. Why is Osteomyelitis Difficult to Treat?
A4. Osteomyelitis is hard to treat because dead bone areas are difficult for the body’s natural infection-fighting cells and antibiotics to reach. The infection can also spread from the bone to form abscesses (collections of pus) in nearby soft tissues like muscles.
Q5. What are the Three Stages of Osteomyelitis?
Stage 1: Disease is only in the bone marrow.
Stage 2: The disease is on the surface of the bone.
Stage 3: Disease has spread locally.
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