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Japan keeps rates ultra-low, defying global race to tighten
Shortly after the decision, Japan's top currency diplomat said authorities would not tolerate excessive swings in the yen, a warning that comes a week after officials delivered their firmest indication yet that they would intervene in the market if needed. Investors are now focusing on BOJ Governor Haruhiko Kuroda's news conference later in the day for his views on inflation and the currency's sharp declines.
- Country:
- Japan
The Bank of Japan kept ultra-low interest rates on Thursday and vowed to hold them there to support economic growth as it swam against a global tide of monetary tightening by central banks fighting to rein in soaring inflation. The decision came after the U.S. Federal Reserve delivered its third straight rate increase of 75 basis points on Wednesday and signalled more hikes, underscoring its resolve not to let up in its battle against inflation.
The policy divergence pushed the yen to a fresh 24-year low and past the closely watched 145 to the dollar level, highlighting the dilemma Tokyo faces in trying to support a fragile economy with ultra-low rates without accelerating an unwelcome yen decline that inflates the cost of imports. Shortly after the decision, Japan's top currency diplomat said authorities would not tolerate excessive swings in the yen, a warning that comes a week after officials delivered their firmest indication yet that they would intervene in the market if needed.
Investors are now focusing on BOJ Governor Haruhiko Kuroda's news conference later in the day for his views on inflation and the currency's sharp declines. "The BOJ was aware that an announcement like this should surely prompt a weak yen beyond 145 per dollar," said Hiroaki Muto, an economist at Sumitomo Life Insurance. "It's clear that 145 yen wasn't Kuroda's line-in-the-sand."
As widely expected, the BOJ kept unchanged its -0.1% target for short-term interest rates, and 0% for the 10-year government bond yield. The unanimous decision came after a board reshuffle that brought in two newcomers in July, one of whom replaced a dovish member who consistently dissented to keeping policy steady. The vote count suggests the two members likely won't rock the boat on monetary policy decisions for the time being.
The central bank also decided to phase out a pandemic-relief loan scheme and instead expand a liquidity operation targeting a broader range of corporate funding-needs. "The BOJ expects short- and long-term policy interest rates to remain at their present or lower levels," the central bank said in a statement announcing the rate decision, making no change to its dovish guidance.
The yen dropped to a 24-year low of 145.405 per dollar immediately after the BOJ's announcement but then sharply swung back to around 144.50. Top currency diplomat Masato Kanda said after the BOJ's policy announcement that authorities would step into the market to prop up the yen if necessary.
"There are cases where we could conduct stealth intervention," Kanda told reporters. "We haven't intervened yet, but we're ready to take action any time." AGAINST THE TIDE
The BOJ remains an outlier among a global wave of central banks withdrawing stimulus to battle soaring inflation, and will likely become the last major monetary authority in the world with a negative policy rate. Japan's core consumer inflation quickened to 2.8% in August, exceeding the BOJ's 2% target for a fifth straight month, as price pressure from raw materials and yen falls broadened.
But Kuroda has ruled out the chance of a near-term withdrawal of stimulus on the view that wages need to rise more to sustainably achieve his 2% inflation target. Kuroda's dovish message has worked to weaken the yen, contradicting the government's efforts to slow the currency's decline through verbal threats of yen-buying intervention.
Market players expect the yen's downtrend to continue and test Japanese authorities' nerves on whether they will resort to the ultimate weapon - yen-buying currency intervention. "If it's too rapid a move toward 147 and beyond, I think the intervention layer will come in," said Saktiandi Supaat, regional head of FX research & strategy at Maybank in Singapore. "The verbal warnings have come in, the rate checks have come in, the next level would definitely be intervention."
Once welcomed for the boost it gives to exports, a weak yen has turned into a headache for Japanese policymakers as it pushes up the cost of importing already expensive fuel and raw materials. The world's third-largest economy expanded an annualised 3.5% in April-June, but its recovery has been hobbled by a resurgence in COVID-19 infections, supply constraints and rising raw material costs.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- The Bank of Japan
- Japan
- Japanese
- Singapore
- Kuroda
- U.S. Federal Reserve
- Tokyo
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Japan probes possible involvement of pro-Russian group in cyberattack | https://www.devdiscourse.com/article/business/2187637-japan-keeps-rates-ultra-low-defying-global-race-to-tighten | 2022-09-22T06:43:57 | en | 0.956564 |
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WFO BURLINGTON Warnings, Watches and Advisories for Thursday, September 22, 2022
_____
SEVERE THUNDERSTORM WARNING
Severe Weather Statement
National Weather Service Burlington VT
227 AM EDT Thu Sep 22 2022
...THE SEVERE THUNDERSTORM WARNING FOR SOUTHWESTERN CLINTON...EAST
CENTRAL FRANKLIN AND NORTHWESTERN ESSEX COUNTIES WILL EXPIRE AT 230
AM EDT...
The storm which prompted the warning has weakened below severe
limits, and no longer poses an immediate threat to life or property.
Therefore, the warning will be allowed to expire.
Other thunderstorms are moving across southern St. Lawrence county
with lightning, brief heavy rain and potential wind gusts in excess
of 40 mph and these may threaten this area around or just after 3
am.
_____
Copyright 2022 AccuWeather | https://www.theheraldreview.com/weather/article/NY-WFO-BURLINGTON-Warnings-Watches-and-17458661.php | 2022-09-22T06:44:02 | en | 0.850063 |
Aara Health to reach break-even by 2023 ; fundraising on the cards this year: Navya Naveli Nanda
Healthtech startup Aara Health is likely to reach break-even next year with expansion of product portfolio in the menstrual hygiene category, firms co-founder Navya Naveli Nanda said.While speaking to PTI on the sidelines of Entrepreneur Annual Conclave 2022, granddaughter of megastar Amitabh Bachchan said her nutraceutical e-commerce startup is planning to raise funds later this year where more than money, the firm will focus on collaborating with the right set of partners and mentors.We launched two products last year.
- Country:
- India
Healthtech startup Aara Health is likely to reach break-even next year with expansion of product portfolio in the menstrual hygiene category, firm's co-founder Navya Naveli Nanda said.
While speaking to PTI on the sidelines of Entrepreneur Annual Conclave 2022, granddaughter of megastar Amitabh Bachchan said her nutraceutical e-commerce startup is planning to raise funds later this year where more than money, the firm will focus on collaborating with the right set of partners and mentors.
''We launched two products last year. We have been in the market for one year only. We are hoping by next year we will be able to reach break-even, find our growth towards profitability. We are hoping that the new line of products that we are launching will allow us to kind of accelerate faster,'' Nanda said.
Launched in 2021, Aara Health provides medically-verified information to destigmatize women's health topics as well as develops its own products for their health and wellness.
Nanda, 24, said the company focusses deeply on three pillars -- content, community and e-commerce. She said Aara Health partners with medical experts and institutions to provide healthcare information.
''We also have a very large community of 70,000 women and our community is, I think, the core of the business because we want this not to just be an e-commerce platform, but also be a platform where women can come and interact with one another,'' Nanda said.
The company has developed two products -- a sleep supplement and an immunity supplement -- for women and is now planning to expand the portfolio.
''These supplements have been formulated and developed by us. We wanted to launch supplements as our first line of products because typically in the market, all nutraceuticals or vitamins are made keeping (in mind) the average height and weight of a man. So the formulation and the ingredients actually don't have an impact on a woman's body because the dosage that a woman requires is very different than that of a man,'' Nanda said.
She said Aara developed the supplements during COVID-19 as there was a lot of emphasis on wellness and immunity.
''A lot of people during COVID were unable to sleep. That's why we came up with the sleep product. But now that we've kind of moved away from COVID, our next line of products that we will launch will be more in menstrual hygiene categories. We are looking at sanitary pads, menstrual cups and so on that are more focused on menstrual and personal hygiene,'' Nanda said.
She said the company plans to raise funds from venture capitalists. ''We are planning to raise investment this year and move forward next year as well. Hopefully that will allow us to invest in infrastructure, offices, teams and maybe even a factory in the future.'' Aara will focus more on strategic collaboration than funds. ''I think the strategic help that we will get is something that would be more beneficial to us at this stage because we are still growing. We are still very small. It's very early. I think we need that guidance and support,'' she said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- megastar Amitabh Bachchan
- Aara
- Nanda
- Navya Naveli Nanda
- Aara Health
- COVID
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You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/pittsburgh-steelers/articles/40849352 | 2022-09-22T06:44:06 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/pittsburgh-steelers/articles/40849354 | 2022-09-22T06:44:12 | en | 0.738227 |
Finland's border guard says traffic on border with Russia increasing
- Country:
- Denmark
Traffic on the eastern Finnish border with Russia increased over night and was busier than normal, said the Finnish border guard in a tweet, adding that the uptick in activity had continued on Thursday morning.
The situation was however under control and Wednesday's number of people crossing the border was lower than during the weekend, said the Finnish border guard's head of international affairs Matti Pitkaniitty.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement | https://www.devdiscourse.com/article/business/2187664-finlands-border-guard-says-traffic-on-border-with-russia-increasing | 2022-09-22T06:44:13 | en | 0.975001 |
India's Swiggy, Zomato amongst Top 10 global food delivery platforms
Indian food aggregator platforms Swiggy and Zomato have featured in world's 'Top 10' e-commerce-based food delivery companies.
- Country:
- India
Indian food aggregator platforms Swiggy and Zomato have featured in world's 'Top 10' e-commerce-based food delivery companies. A report published by Canada-headquartered global research firm ETC Group titled 'Food Barons 2022 - Crisis Profiteering, Digitalization and Shifting Power' placed Swiggy and Zomato the 9th and 10th spot, respectively.
The most important part is that both of them are part of over 100 Indian unicorns. Unicorns are companies with a total value of over USD 1 billion. According to the research firm, the food delivery sector refers to digital, on-demand platforms for ordering and paying for prepared food, groceries and other retail items. Restaurants/retailers fill the orders and couriers deliver them to customers within a prescribed timeframe.
China's publicly listed food platform Meituan was at the top of the list, followed by the UK's Deliveroo, and the US' Uber Eats. Further, Ele.me, DoorDash, Just Eat Takeaway/Grubhub, Delivery Hero, and iFood found themselves in the 4th to 8th spot.
"The food delivery sector is rapidly consolidating, but ownership is a moving target. As companies jostle for regional hegemony, they are buying, selling and swapping stakes in competitors," the report said. "Venture capital and Big Tech investment has fueled the sector, but companies have yet to deliver profits, even in the sector-friendly circumstances of the global pandemic when delivery became more necessity than convenience," it added.
Against that backdrop, it said that tweaking the business model to move towards profitability - most prominently by adding grocery and pharmacy delivery - is currently underway. The report also focused on issues faced by workers in the gig economy.
Delivery workers, it said, have been considered independent contractors instead of employees in most parts of the world. They are therefore ineligible for social security, injury compensation or other benefits. "There are indications that some governments may be ready to enact labour reforms to try to end the platforms' free ride. In the USA, New York City became the first city to pass legislation to regulate the food delivery sector, establishing minimum pay and other worker protections," the research report added.
A major problem facing the sector, the report said, is the significant increase in trash from the takeaway single-use packaging. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/business/2187665-indias-swiggy-zomato-amongst-top-10-global-food-delivery-platforms | 2022-09-22T06:44:20 | en | 0.957765 |
Asia stocks follow Wall Street down as Fed fights inflation
Oil prices edged higher.Wall Streets benchmark S and P 500 index fell 1.7 per cent on Wednesday to a two-month low after the Fed raised its benchmark lending rate by 0.75 percentage points, three times its usual margin.The Fed said it expects that rate to be a full percentage point higher by years end than it did three months ago.The Fed still managed to out-hawk the markets, Anna Stupnytska of Fidelity International said in a report.
- Country:
- China
Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike and raised its outlook for more to cool galloping inflation.
Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices edged higher.
Wall Street's benchmark S and P 500 index fell 1.7 per cent on Wednesday to a two-month low after the Fed raised its benchmark lending rate by 0.75 percentage points, three times its usual margin.
The Fed said it expects that rate to be a full percentage point higher by year's end than it did three months ago.
"The Fed still managed to out-hawk the markets," Anna Stupnytska of Fidelity International said in a report. "Economic strength and a hot labour market point to a limited trade-off — at least for the time being — between growth and inflation." The Shanghai Composite Index sank 0.2 per cent to 3,111.37 and the Nikkei 225 in Tokyo slid 1 per cent to 27,053.10. Hong Kong's Hang Seng tumbled 1.8 per cent to 18,107.09.
South Korea's Kospi sank 1.2 per cent to 2,320.22 and India's Sensex opened down 0.4 per cent at 59,456.78.
New Zealand edged up less than 0.1 per cent while Southeast Asian markets declined.
The Fed and central banks in Europe and Asia raising rates to slow economic growth and cool inflation that is at multi-decade highs.
Traders worry they might derail global economic growth. Fed officials acknowledge the possibility such aggressive rate hikes might bring on a recession but say inflation must be brought under control.
They point to a relatively strong US job market as evidence the economy can tolerate higher borrowing costs.
"The Fed's new economic projections highlight it will tolerate a recession to bring inflation down," said Gregory Daco of EY Parthenon in a report.
The yield on the two-year Treasury, or the difference between the market price and the payout if held to maturity, rose to 4.02 per cent from 3.97 per cent late on Tuesday. It was trading at its highest level since 2007.
The yield on the 10-year Treasury, which influences mortgage rates, fell to 3.52 per cent from 3.56 per cent late on Tuesday.
The S and P 500 fell to 3,789.93. The Dow fell 1.7 per cent to 30,183.78, and the Nasdaq composite lost 1.8 per cent to 11,220.19.
The major Wall Street indexes are on pace for their fifth weekly loss in six weeks.
Fed chair Jerome Powell stressed his resolve to lift rates high enough to drive inflation back toward the central bank's 2 per cent goal. Powell said the Fed has just started to get to that level with this most recent increase.
The central bank's latest rate hike lifted its benchmark rate, which affects many consumer and business loans, to a range of 3 per cent to 3.25 per cent, the highest level in 14 years, and up from zero at the start of the year.
The Fed released a forecast known as a "dot plot" that showed it expects its benchmark rate to be 4.4 per cent by year's end, a full point higher than envisioned in June.
US consumer prices rose 8.3 per cent in August. That was down from July's 9.1 per cent peak, but core inflation, which strips out volatile food and energy prices to give a clearer picture of the trend, rose to 0.6 per cent over the previous month, up from July's 0.3 per cent increase.
Central bankers in Japan, Britain, Switzerland and Norway are due to report on whether they also will raise rates again. Sweden surprised economists this week with a full-point hike.
The global economy also has been roiled by Russia's invasion of Ukraine, which pushed up prices of oil, wheat and other commodities.
In energy markets, benchmark US crude gained 19 cents to USD 83.13 per barrel in electronic trading on the New York mercantile Exchange.
The contract fell USD 1 to USD 82.94 on Wednesday. Brent crude, the price basis for international oil trading, advanced 20 cents to USD 90.03 per barrel in London. It lost 79 cents the previous session to USD 89.83.
The dollar gained to 144.48 yen from Wednesday's 143.46 yen. The euro fell to 98.18 cents from 99.09 cents.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Celcius Logistics Launches Special, Tech Enabled Cold Chain Solution for Last Mile Delivery
Integrates partners and stakeholders through a tech enabled, smart platform for a seamless cold supply chain Mumbai, Maharashtra, India NewsVoir Celcius Logistics, Indias fastest growing cold-chain marketplace startup, today announced the launch of its smart last mile delivery platform that addresses and fixes the most pertinent pain points in Indias fragile cold supply chains.
- Country:
- India
Integrates partners and stakeholders through a tech enabled, smart platform for a seamless cold supply chain Mumbai, Maharashtra, India (NewsVoir) Celcius Logistics, India’s fastest growing cold-chain marketplace startup, today announced the launch of its smart last mile delivery platform that addresses and fixes the most pertinent pain points in India’s fragile cold supply chains. The brand has also partnered with vehicle owners and automotive manufacturers to create a robust on ground network of reefer vehicles, that will be integrated with the smart platform which has been created with a unique Inventory Management System (IMS). Celcius has launched this platform in six metros and plans on expanding this to other tier-2 cites and towns in the next six months. The company has already secured contracts for storage and distribution from clients like Zepto, Maersk, Jubilant foodworks and others, and also handles distribution for Zomato, Rebel foods and a host of other Cloud kitchens and local businesses who get instant access to all the asset inventory via Celcius’s last mile delivery platform. India currently incurs food losses worth about $14bn, due to inefficiencies in the cold supply chain, especially last mile deliveries. Some of the most common challenges in the temperature controlled last mile deliveries, include lapses in maintaining optimum temperatures, using non refrigerated vehicles for transit (since these generally include shorter distances), absolute lack of tracking and tracing technology to monitor this part of the distribution, huge lack of smaller reefer vehicles which in turn force dealers and retailers to use non reefer vehicles, handling of products with untrained drivers and delivery agents and many other issues make the final leg of a supply chain the worst in terms of managing the perishable products. Shippers also incur heavy revenue losses due to systemic gaps in the cold chain. Since each vehicle carries materials for multiple stores and ends up sorting and unloading at multiple stops, the temperature consistency is lost each time the doors are kept open while inventory is being sorted out. As a result, by the time the vehicle delivers to the last store, the product quality is compromised, causing rejections and returns and thus revenue losses. Through this platform, Celcius aims to connect various cold chain stakeholders and deploy tech-first solutions to reduce the massive in-transit wastage of perishables caused by cold chain malpractices and inefficiencies. Speaking about the new platform and the efforts to strengthening the last mile delivery of cold supply chain, Mr. Swarup Bose, Founder and CEO, Celcius, said, “I am happy to announce the launch of our last mile solution for the cold supply chain which has been a labor of love for past 8 months. With the success of our SaaS platform that focuses on the initial leg of the supply chain, we are now focused on strengthening the last leg of the journey with aggregation of existing small reefer vehicles and introducing a new range of reefer vehicles on Mahindra bolero, Tata 407, Ashokleyland Dost, among others. Through this solution, we envision a nationwide network of these last mile vehicles and storage points, making the Primary and secondary movement and storage of perishables more efficient. As a platform, we aim to become the backbone upon which any entity involved in manufacturing and distribution of perishable products can do so with absolute visibility of their product from end to end. We hope this endeavor can work towards reducing wastage, reducing prices and enhancing the food security for the country.” Celcius’s last-mile platform is designed to monitor and analyze gaps in distribution and deploys a predictive algorithm to eliminate potential risk areas, reduce bottlenecks, speed up ETAs, and provide shippers with absolute visibility of their product from start to end. Additionally, their optimized IoT devices which facilitate real time tracking, are integrated with their in-house TMS and WMS systems and their SaaS platform, making it a seamless tech enabled ecosystem, such that every product that is booked, and distributed is traced in real time, right up to the last single unit of Milk, Chocolate, medicine and other temperature-controlled products. The tech enablement not only optimizes the last mile but also helps address issues of timely delivery and loss due to wastage, maximizing profitability for all parties and enhancing food security in the country. Celcius has launched its last mile services in Mumbai, Pune, Banglore, Chennai, Hyderabad, Kolkata and Delhi NCR with plans to launch the same services to 11 more cities in the next 6 months. Formed during the turbulent times of the global pandemic, Celcius has been on an aggressive growth path since inception, and in just two years, has recorded an ARR of INR 50 CR and recently closed USD 7.5 MN in funding rounds. The company has also on-boarded over 3500 vehicles, 100+ Cold storages and grown 20 X in the last 12 months. Tie ups with finance institutions OEMs like Shriram Transport finance, Mahindra &Mahindra , Ashok Leyland and Tata will further accelerate the expansion and adoption of their last mile delivery platform. In a country where 17% of the population goes to bed hungry, Celcius’ pioneering last mile delivery platform, reefer vehicle aggregation, and introduction of a fleet of new reefer vehicles under VahanVikasYojana could well be the game changer.
About Celcius Logistics Celcius is a cold-chain marketplace startup. It is the only aggregator platform in India, which offers solutions for both Reefer logistics and cold storage warehousing. Celcius’ simple yet unique solution can be credited to its inception as a response to the COVID-19 pandemic in India. The unprecedented nationwide lockdown in March 2020 exposed the shortcomings of the existing cold chain in India. The unavailability of staff and coordination gaps between the shippers and transporters created chaos in transporting essential commodities across the country. Considering the sustained demand for contactless deliveries of essentials and anticipating the need for a robust and seamless cold chain to aid the distribution of the COVID-19 vaccine, the founders of Celcius came together to create India’s first digital marketplace for the cold chain. In August last year, Celcius received USD 500,000 in a seed fund round from Mumbai Angels Network, along with Huddle, Lumis Partners, Venture Capital & Private Equity firms MaGEHold, Keiretsu Forum, Eaglewings Ventures Alliance Network (EVAN), and investors from Malaysia, Nigeria, and the US. The brand successfully utilized the funds to scale up its operations and diversify the services on its platform by integrating WMS (Warehouse Management System) and TMS (Transportation Management System). Celcius recently closed USD 4.5 Mn in a bridge funding round. The company on-boarded over 2500 vehicles, 107 Cold storages and has grown 20 X in the period of 1 year. The company plans to raise a Series A round of USD 10 Mn in the coming months. The brand has also tied up with finance institutions like Shriram Transport and Finance Company and with OEMs like Ashok Leyland and Tata.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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European stock index futures drop 1.5% after hawkish Fed signal
European stock index futures tumbled on Thursday as the U.S. Federal Reserve delivered another super-sized interest rate hike and signalled more increases in its fight against stubbornly high inflation. The EURO STOXX 50 index futures and Germany's DAX futures lost 1.5% each, as of 0606 GMT, taking cues from Wall Street overnight.
European stock index futures tumbled on Thursday as the U.S. Federal Reserve delivered another super-sized interest rate hike and signalled more increases in its fight against stubbornly high inflation.
The EURO STOXX 50 index futures and Germany's DAX futures lost 1.5% each, as of 0606 GMT, taking cues from Wall Street overnight. The Fed raised interest rates on Wednesday by 75 basis points for the third straight time and sees its target policy rate at its highest level since 2008, rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.
Meanwhile, European Central Bank board member Isabel Schnabel said interest rates need to keep going up as inflation is still far too high, even as the euro zone faces an economic downturn. London's FTSE 100 index futures dropped 0.9% ahead of what will likely be the Bank of England's second large interest rate hike later in the day.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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GLOBAL MARKETS-Dollar towering, stocks cowering as Fed flags more hikes
* Fed surprises with aggressive hike projections * Dollar/yen breaks 145 as BOJ stays dovish * C.bank meetings ahead in Britain, Switzerland and Norway By Tom Westbrook SYDNEY, Sept 22 (Reuters) - The dollar surged to a fresh two-decade high and stocks slid on Thursday with investors unsettled by the Federal Reserve's aggressive outlook for U.S. interest rates and braced for more hikes across Europe later in the day.
* Fed surprises with aggressive hike projections
* Dollar/yen breaks 145 as BOJ stays dovish
* C.bank meetings ahead in Britain, Switzerland and Norway
The dollar surged to a fresh two-decade high and stocks slid on Thursday with investors unsettled by the Federal Reserve's aggressive outlook for U.S. interest rates and braced for more hikes across Europe later in the day. The euro fell to a 20-year low in the Asia session, the yen to a 24-year trough and sterling to its lowest since 1985. Russia mobilising reservists for war in Ukraine added to the sombre mood.
Pan-European futures were last down 1.9% and FTSE futures down 0.9%. S&P 500 futures fell 0.5%. Asian stocks, measured by MSCI's broadest index of Asia shares outside Japan dropped 1.4% to a two-year low. Japan's Nikkei was 0.5% lower, though it found some support after the Bank of Japan stuck to its dovish policies.
"I think stock markets were still hoping the Fed would show some sign of halting the rate hikes at some point, but there was no sign of it," said Nomura strategist Naka Matsuzawa in Tokyo. In the rates market, short-term yields remain on the rise and the peak for the benchmark Fed funds rate a moving target.
The median of Fed officials' own outlook has U.S. rates at 4.4% by year's end -- 100 bps higher than their June projection -- and even higher, at 4.6%, by the end of 2023. Futures have scrambled to catch up. The yield on two-year Treasuries hit a 15-year high of 4.1320% on Thursday. Ten-year yields are below that, at 3.5477% as traders price in the hikes' damage to longer-run growth.
"No one knows whether this process will lead to a recession or if so how significant that recession would be," Fed Chair Jerome Powell told reporters after the rate hike announcement. "The chances of a soft landing are likely to diminish to the extent that policy needs to be more restrictive, or restrictive for longer."
"WHAT ELSE DO YOU BUY?" The rates outlook is helping drive the dollar higher as U.S. yields look attractive and investors think other economies look too fragile to sustain rates as high as those contemplated in the United States.
Japan and China are the outliers and their currencies are sliding particularly hard -- with the yen falling to the weaker side of 145 per dollar on Thursday as the Bank of Japan stuck with its ultra-easy monetary policy. Yields in Japan's government bond market also retreated as speculators closed some bets on imminent policy changes.
Hikes are expected later today in Indonesia, the Philippines, Britain, Switzerland and Norway, and big ones too. A 100 bp hike is priced in for Switzerland, 50 bps is expected from Norges Bank and traders see an 80% chance of a 75 bp hike from the Bank of England.
Not that that is much salve for their currencies, since Sweden's crown is at a record low despite the country's steepest rate hike in a generation this week. The dollar's rise has sent emerging market currencies tumbling and punished cryptocurrencies and commodities. Spot gold was down 0.7% on Thursday and near a two-year low at $1,661 an ounce. Bitcoin was just below $19,000.
Brent crude steadied at $90.33 a barrel after sliding on demand worries. Sterling hit a 37-year low of $1.1221. The euro fell to $0.9810.
The Australian and New Zealand dollars were pinned near their lowest since mid-2020, with the Aussie down 0.5% on Thursday at $0.6602 and the kiwi down 0.4% at $0.5832. "The Fed is not going to stop any time soon," said Sally Auld, chief investment officer at wealth manager JB Were in Sydney. "What else do you buy except for the U.S. dollar at the moment?"
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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United States, U.N. hope Armenia, Azerbaijan truce holds | https://www.devdiscourse.com/article/business/2187685-global-markets-dollar-towering-stocks-cowering-as-fed-flags-more-hikes | 2022-09-22T06:44:52 | en | 0.969526 |
CCI approves merger of Jio Cinema OTT with Viacom 18 Media
The Competition Commission of India (CCI) has approved the amalgamation of the over-the-top platforms Jio Cinema with Viacom 18 Media.
- Country:
- India
The Competition Commission of India (CCI) has approved the amalgamation of the over-the-top platforms Jio Cinema with Viacom 18 Media. This nod by the national competition regulator follows an investment by BTS Investment 1 Pte. Ltd. (BTS1) and Reliance Projects and Property Management Services Limited (RPPMSL).
BTS1 is a company incorporated under the laws of Singapore. It is currently in the process of raising capital from various investors including sovereign funds, multinationals, and global institutional investors.
RPPMSL, a wholly owned subsidiary of Reliance Industries, is engaged in the provision of IT support services, business and infrastructure support services, manpower support services and erection and commissioning of telecom facilities. RPPMSL is also presently engaged in the business of owning and operating the Jio Cinema OTT platform.
Viacom 18 is engaged in providing broadcasting of channels across genres, OTT video streaming through Voot and Voot Kids, production and distribution of feature films, production and licensing of digital content and other allied businesses. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Viacom
- Jio Cinema
- Singapore
- Reliance Industries | https://www.devdiscourse.com/article/business/2187693-cci-approves-merger-of-jio-cinema-ott-with-viacom-18-media | 2022-09-22T06:45:00 | en | 0.929738 |
'ATDL-JNU-UGC-MEETINGJNU VC meets UGC chairman; discusses release of grant, faculty increment
JNU Vice Chancellor Santishree D Pandit met UGC chairman M Jagadesh Kumar and discussed a slew of issues, including the release of grants and faculty increment, the varsity has said. Pandit, Vice Chancellor, JNU along with the Registrar met Prof M Jagadesh Kumar, Chairman, UGC on 20th September 2022, the varsity said in a statement on Wednesday.
- Country:
- India
JNU Vice Chancellor Santishree D Pandit met UGC chairman M Jagadesh Kumar and discussed a slew of issues, including the release of grants and faculty increment, the varsity has said. The meeting took place on Tuesday to expedite several pending issues pertaining to the Jawaharlal Nehru University (JNU). Meanwhile, the UGC chairman has assured to “positively look” into the pending matters of JNU at the earliest, the varsity said. “… Santishree D. Pandit, Vice Chancellor, JNU along with the Registrar met Prof M Jagadesh Kumar, Chairman, UGC on 20th September 2022,” the varsity said in a statement on Wednesday. During the meeting, various matters about the faculty, staff and students of the university were discussed. The issues related to the “extension of the deadline for CAS (Career advancement Scheme) application, duration of various fellowship grants, five non compounded increments to faculty for PhD, long pending cases of release of pensionary benefits, the release of grants under different heads, among others, were discussed in detail”. “The Chairman has assured to positively look into the pending matters of JNU at the earliest. The University looks forward to engaging with the higher authorities like the University Grants Commission (UGC) more closely for an effective resolution of the pending issues,'' the varsity added. PTI VA SRY
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Associate professor ends life inside Jammu university campus: Police | https://www.devdiscourse.com/article/education/2187616-atdl-jnu-ugc-meetingjnu-vc-meets-ugc-chairman-discusses-release-of-grant-faculty-increment | 2022-09-22T06:45:09 | en | 0.948638 |
upGrad Commits 320 Crores (USD 40 Mn) for Harappa Global School of Leadership
- Country:
- India
India Harappa Learning - part of Asia's largest higher edtech company upGrad, today unveiled plans to create a one-of-its-kind Leadership School to build the Owners & top management of tomorrow.
Pramath Raj Sinha, Founding Dean of ISB & Chairman of Harappa Education and someone who has transformed management education, will lead this initiative that commits to training over 50,000 working professionals to take their first step toward Leadership.
The Harappa School of Leadership will be a distinctive global institution for leaders-in-the-making and will offer a range of live-only programs to give mid-career professionals the most in-demand skills for success. Its inaugural offering, the Accelerated Management Program, combines the rigor and pedigree of the best global MBAs - rich in Business, Data, Product Marketing, and leadership.
New programs to follow will include the Design Leadership program & Women's Leadership program. The Harappa - upGrad powerful combination brings together pioneering minds and forces that also carry decades of rich institutional experience & unmatched entrepreneurial ambition with them.
Commenting on the same, Pramath Raj Sinha added, "Never before has the world needed ever-increasing leadership capacity across sectors and industries. All 'future of work' research highlights the growing demand for leadership skills over technical skills. Harappa was built with the mission to teach leadership skills in an affordable, engaging, high-quality, and high-impact manner on a global scale. We are excited about putting our money where our mouth is - taking a mission mode approach to solving the leadership skills gap across the world." "There is a Re-Skilling Revolution taking place around the world, and the crying need for more leaders & entrepreneurs at companies, start-ups, and even in public service has never been more critical and urgent. Harappa brings unique insights into what it takes to hone your management skills with the right mix of domain expertise coupled with the soft skills needed to lead from the front and therefore, we are doubling down and investing to bring these courses at affordable prices and right duration of courses, to connect with working professionals around the world," concluded Ronnie Screwvala, Chairperson & Co-founder, upGrad. About upGrad upGrad - started in 2015 is a pioneer in the online education revolution, focused on powering career success for a global workforce of over 1.3 billion. It is one of the few Integrated LifeLongLearning Tech Companies in the world - spanning the college learner to the working professional from the age group of 18-50 years and across Undergrad courses, Campus & Job Linked Programs, Studying Abroad, short form to executive programs to Degrees, Masters and Doctoral - with a learner base of over 3 million across 100+ countries and over 300 University partners and a robust enterprise business with a client base of 1000 companies worldwide.
upGrad's Global Learning Engine rests on four pillars - (a) its large repository of original & owned content and IP, (b) its own best-in-class proprietary tech platform, (c) it's high touch human-led delivery service backed by coaches & mentors, and (d) an 85% course completion track record, backed by a further 80% career outcomes guaranteed performance. Already termed Asia's higher EdTech leader it has offices in the UK, U.S., Middle East, India, Singapore & Vietnam, and with a presence in many more countries. To View the Image, Click on the Link Below: From Left to Right: Ronnie Screwvala - Chairperson & Co-founder, upGrad & Pramath Raj Sinha - Founder & Chairman, Harappa Education
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Harappa
- India
- upGrad
- Chairperson & Co-founder
- a Re-Skilling Revolution
- Campus & Job
- Accelerated Management Program
- Founding Dean
- Middle East
- Ronnie Screwvala
- Product Marketing
- ISB &
- EdTech
- Singapore & Vietnam
- Owners & top management
- U.S.
- Mumbai
- Design Leadership program & Women
- Business
- Data | https://www.devdiscourse.com/article/education/2187668-upgrad-commits-320-crores-usd-40-mn-for-harappa-global-school-of-leadership | 2022-09-22T06:45:18 | en | 0.92647 |
Man accused of trying to sexually assault jogging woman
WEKIWA SPRINGS, Fla. (WESH) - A 19-year-old man is in custody after authorities say he attacked and tried to sexually assault a woman jogging on a Florida trail.
William Stamper, 19, was booked into the Seminole County jail Wednesday morning on charges of attempted sexual battery. He was arrested in the middle of the night, just hours after the Seminole County Sheriff’s Office released video and pictures of a suspect in an attack on a female jogger.
Authorities believe the suspect attacked a 22-year-old woman who was jogging around 8:30 p.m. Monday on Wekiva Trail. He allegedly came up from behind the victim, tackled her and tried to sexually assault her, even biting her on the back.
The victim was able to resist, and her attacker ran away when neighbors came out to help.
“Good Samaritans… living in their house that quite literally, probably saved her from a much more damaging situation. These neighbors are truly acting in a heroic way,” Sheriff Dennis Lemma said.
Stamper was arrested after deputies went door-to-door looking for information and video in the Wekiva neighborhood. He’s being held with no bond.
Copyright 2022 WESH via CNN Newsource. All rights reserved. | https://www.wlbt.com/2022/09/22/man-accused-trying-sexually-assault-jogging-woman/ | 2022-09-22T06:45:24 | en | 0.978555 |
Pusa institute will play crucial role in future as India enters 'Amrit Kaal': Union minister Reddy
The Pusa campus houses several key academic and research institutes, largely the very old agricultural institute.IHM, Pusa is one of the premier hospitality institutions of india providing quality hospitality education at under graduate, graduate and post-graduate levels.
- Country:
- India
The Pusa institute can play a major role in nurturing younger generations with the right skills to face the challenges of the 21st century, Union Culture and Tourism Minister G Kishan Reddy has said.
He said this in his address at the diamond jubilee celebrations of the Institute of Hotel Management, Catering and Nutrition (IHM), Pusa ''Spoke and appreciated the role institute played during the pandemic in introducing technology to impart training and lessons to students,'' he said in a tweet on Wednesday. ''Dwelt on how PUSA as an institute can play a major role in being the frontrunner in nurturing younger generations with necessary knowledge base & right skills to face 21st century challenges & how it will continue to play a crucial role in the future as India enters 'Amrit Kaal','' he wrote on the microblogging site. The Pusa campus houses several key academic and research institutes, largely the very old agricultural institute.
IHM, Pusa is one of the premier hospitality institutions of india providing quality hospitality education at under graduate, graduate and post-graduate levels. The institute comes under the aegis of the Ministry of Tourism.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Indian students from Ukraine universities allowed to complete medical education in other countries | https://www.devdiscourse.com/article/education/2187677-pusa-institute-will-play-crucial-role-in-future-as-india-enters-amrit-kaal-union-minister-reddy | 2022-09-22T06:45:26 | en | 0.943653 |
Sonakshi Sinha and Huma Qureshi's 'Double XL' to release on Oct 14
A story of friendship and dreams filled with masti is coming in cinemas near you on 14th Oct 2022, the duo wrote on their respective Twitter pages.The movie explores the journey of two plus-size women -- Rajshree Trivedi Qureshi from Meerut and Saira Khanna Sinha from New Delhi as they navigate societys beauty standards.In an interview with PTI earlier this year, Qureshi had described Double XL as an important and entertaining film.
- Country:
- India
''Double XL'', starring Sonakshi Sinha and Huma Qureshi, will arrive in theatres on October 14.
Billed as a slice-of-life comedy drama that explores stereotypes around body weight, the upcoming film is directed by Satramm Ramani of ''Helmet'' fame.
Sinha and Qureshi shared the teaser and release date of ''Double XL'' on social media.
''From fries to fun... all good things in life come in #DoubleXL sizes! A story of friendship and dreams filled with masti is coming in cinemas near you on 14th Oct 2022,'' the duo wrote on their respective Twitter pages.
The movie explores the journey of two plus-size women -- Rajshree Trivedi (Qureshi) from Meerut and Saira Khanna (Sinha) from New Delhi as they navigate society's beauty standards.
In an interview with PTI earlier this year, Qureshi had described ''Double XL'' as an ''important and entertaining film''. ''I really believe that social change happens through fun, commercial, and family entertainer films,'' the ''Maharani'' star had said.
The film is backed by T-Series, Wakaoo Films and filmmaker Mudassar Aziz.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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J-K LG Manoj Sinha anguished by loss of life in Rajouri bus accident | https://www.devdiscourse.com/article/entertainment/2187633-sonakshi-sinha-and-huma-qureshis-double-xl-to-release-on-oct-14 | 2022-09-22T06:45:34 | en | 0.945519 |
Why Kaguya-Sama Love Is War Season 4 is possible? Know in detail
- Country:
- Japan
The popular anime Kaguya-Sama: Love Is War Season 4 is yet to be confirmed but many believe a tweet posted from their official Twitter account on June 24 shows their eagerness. The post teases fans by stating, "A new animation will be produced."
"Kaguya-Sama Love Is War: Ultra Romantic" is originally called "Kaguya-SamawaKokurasetai: Tensai-tachi no RenaiZunousen" in Japanese. Following the conclusion of Season 3, a new anime project was announced to be in production. It was later revealed that the new project is an anime film titled "Kaguya-sama: Love is War: The First Kiss Never Ends."
Based on the movie title, it'll adapt the 10-chapter Christmas-themed story arc of the same name, which means it's a direct sequel to Ultra Romantic rather than an anime original story. Considering that the average anime episode adapted 3 to 5 manga chapters that are the 14th arc of the Kaguya-sama series. It begins in Chapter 142 and ends in Chapter 151.
The arc will be showing KaguyaShinomiya and Miyuki Shirogane finally having their first kiss at the end of Season 3.
The Kaguya-sama film will likely be the equivalent of a relatively short film or a long OVA episode. However, it is still not clear whether Kaguya-Sama Love Is War Season 4 will be announced after the movie.
Currently, there is no worldwide release date for "The First Kiss Never Ends" movie but on July 11, 2022, the official Twitter account announced that the movie will be broadcast on Japanese TV stations after its special screenings at movie theaters. Seemingly, Crunchyroll will be simulcasting the film worldwide in the future.
However, fans believe, Kaguya-Sama Love Is War Season 4 will be announced after the film aired. If the fourth season of the Kaguya-Sama anime is declared in the future, it will follow the story of Miyuki and Kaguya. They may confess face to face or may even go for a date. Plus, Season 4 will also show the dark secrets of Ai Hayasaka and the Shinomiya family.
Therefore fans have to wait for the announcement of Kaguya-Sama Love Is War Season 4 and what happens next after the movie "The First Kiss Never Ends."
We will keep updating you as soon as we get anything new in the anime series, Stay tuned to Devdiscourse!
Also Read: Tokyo Revengers Chapter 270: Baji's reappearance & Mikey's tragic death | https://www.devdiscourse.com/article/entertainment/2187647-why-kaguya-sama-love-is-war-season-4-is-possible-know-in-detail | 2022-09-22T06:45:42 | en | 0.945343 |
Yami Gautam Says NO to Uncomfortable Beauty Standing with Faces Canada as Their Brand Ambassador
Mumbai, Maharashtra, India Business Wire India With a Canadian heritage of 40 years, Faces Canada best known for high-performance makeup and skincare, announces multifaceted Bollywood superstar Yami Gautam as their Brand Ambassador.Yami Gautam, known for her sartorial choices of work, will be seen debuting in the world of make-up, advocating for comfortable beauty with Faces Canada.These days many beauty brands fail to deliver products that are comfortable post its application and this is a major concern to the masses.
- Country:
- India
India With a Canadian heritage of 40+ years, Faces Canada best known for high-performance makeup and skincare, announces multifaceted Bollywood superstar Yami Gautam as their Brand Ambassador.
Yami Gautam, known for her sartorial choices of work, will be seen debuting in the world of make-up, advocating for comfortable beauty with Faces Canada.
These days many beauty brands fail to deliver products that are comfortable post-application and this is a major concern to the masses. Despite delivering the outward factors like long stay and array of shades available, beauty brands refrain from addressing the major concern about comfort.
Faces Canada takes up the challenge to offer a solution to this with beauty products that are super comfortable on one's skin without compromising on the glam quotient. Supporting the brand's proposition of, standing against uncomfortable beauty, Yami Gautam on-boarded with Faces Canada to be their Brand, Ambassador.
Talking about this special association with Face Canada, Yami Gautam said, "Being a part of the entertainment world, makeup has been an integral part of my life. There were times when I struggled due to excess use of make-up with severe repercussions. I believe this was my cue to be more conscious about beauty products that I endorse for an end consumer to use. After many years of contemplation, I was excited to find a partner like Faces Canada that echoed my thoughts and offered beauty, comfort, and glam. The brand stands against uncomfortable beauty with its wide range of multi-benefit products with Hydra Matte Foundation and Fresh Eyes Kajal. I could not think of a better brand to start my make-up journey with." Beauty pioneer Faces Canada presents a trendsetting and comfortable range of products starting from a varied range of foundations, and versatile eye products to Lipsticks that complement every mood. To name a few- light weight and good-for-skin foundation - the 3in1 Hydra Matte Foundation, liquid lipstick with zero dryness - Comfy Matte Liquid Lipstick, and a kajal with rose extracts to keep eyes fresh all day- Fresh Eyes Kajal! About Faces Canada Faces Canada has a 40-year of Canadian heritage and offers a unique variety of high-performance beauty and Skincare products. Beauty is about owning one's identity and wearing one's appearance with confidence. As a result, our products are designed to complement all ethnicities, skin types and tones, complexions, and textures. Faces Canada offers beauty products that are cruelty-free and hypoallergenic. Quality is the core value, the brand disapproves of animal testing, conforms to the most stringent requirements, and always uses safe ingredients. • https://www.facescanada.com/ • https://www.instagram.com/facescanada/ Available on Faces Canada, Amazon, Nykaa, Flipkart, Myntra, Purplle To view the Image, Click on the link below: Faces Canada announces Yami Gautam as their Brand Ambassador
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Maharashtra Political Crisis: SC to hear plea on 'real' Shiv Sena on Sept 27 | https://www.devdiscourse.com/article/entertainment/2187657-yami-gautam-says-no-to-uncomfortable-beauty-standing-with-faces-canada-as-their-brand-ambassador | 2022-09-22T06:45:51 | en | 0.932059 |
Over 10,000 residents from more than 10 villages in Sagaing region’s Khin-U township have fled their villages after junta forces launched offensives in its eastern and western areas, locals told RFA.
As a military column entered the villages on the eastern side of Khin-U township at around 1:30 a.m. on Wednesday, more than 2,000 households from Thi Ha Taw, Shwe Min Gan, Thin Paung, Ka Bwet, Koke Tet, and Yone Pin villages abandoned their homes.
“Early in the morning, before dawn, we all ran away with carts,” a local told RFA.
“Both children and elderly people were suffering. I heard that they [junta troops] entered Yone Pin village this morning and two residents were arrested.”
Junta troops raided villages in eastern Khin-U township after PDF attacks, forcing locals to flee. CREDIT: Citizen journalist
Villages in western Khin-U also targeted
Residents said that in the western part of Khin-U township another military column was raiding villages forcing nearly 3,500 locals to flee. Three locals were arrested in Ywar Thit village, they said.
The State Administration Council (SAC) has not released any statement on the raids.
People’s Defense Force (PDF) members said they resisted the military council troops using landmines on Monday and Tuesday causing heavy casualties on the junta side. The troops have started raiding villages as a consequence, they said.
Northwestern Sagaing region has seen some of the fiercest fighting between junta forces and PDFs since the Feb. 1, 2021 coup.
According to the Bangkok-based Assistance Association for Political Prisoners, authorities in Myanmar have killed 2,299 civilians and arrested 15,571 since last year’s coup. (KB/RFA) | https://www.newsgram.com/conflict/2022/09/22/military-takes-over-township-in-myanmars-sagaing-region-displacing-thousands | 2022-09-22T06:46:02 | en | 0.972956 |
Paramount+ announces premiere date for 'Criminal Minds' revival
The revival of the popular crime drama series Criminal Minds will stream on Paramount from November 24, the streaming platform has announced.Showrunner Erica Messer made the announcement during the platforms virtual Television Critics Association presentation on Wednesday, reported entertainment outlet EW.Titled Criminal Minds Evolution, the show will premiere with two episodes and new episodes will drop weekly on Thursdays.
- Country:
- United States
The revival of the popular crime drama series ''Criminal Minds'' will stream on Paramount+ from November 24, the streaming platform has announced.
Showrunner Erica Messer made the announcement during the platform's virtual Television Critics Association presentation on Wednesday, reported entertainment outlet EW.
Titled ''Criminal Minds: Evolution'', the show will premiere with two episodes and new episodes will drop weekly on Thursdays. Set during the COVID-19 pandemic, the revival brings back six fan favourite criminal profilers David Rossi (Joe Mantegna), Emily Prentiss (Paget Brewster), Tara Lewis (Aisha Tyler), Penelope Garcia (Kirsten Vangsness), JJ Jareau ( AJ Cook), and Luke Alvez (Adam Rodriguez) as they come up against their greatest threat yet: an unidentified subject of an investigation who has used the virus to build a network of serial killers.
''Criminal Minds: Evolution'' will have its midseason finale on December 15. The 10-episode season will return on January 12 with new episodes weekly until the series finale set for February 9.
Created by Jeff Davis, the original ''Criminal Minds'' went on to become one of the most watched shows on the TV channel CBS, where it aired in 2005 and ran for 15 seasons. The series concluded its run on the broadcaster in February 2020.
Messer also serves as executive producer and writer on the upcoming series.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/entertainment/2187659-paramount-announces-premiere-date-for-criminal-minds-revival | 2022-09-22T06:46:01 | en | 0.942743 |
Prisoners in Chhattisgarh being trained mushroom cultivation in jail
Under a fresh initiative by the Chhattisgarh government, jailed prisoners in Baloda Bazar are being trained to cultivate mushrooms in jail, which is making them opt for a better life once they get out.
- Country:
- India
Under a fresh initiative by the Chhattisgarh government, jailed prisoners in Baloda Bazar are being trained to cultivate mushrooms in jail, which is making them opt for a better life once they get out.
Collector R Bansal told ANI that the flagship government is making prisoners opt for a better life and start farming once they go back to their villages.
"Mushroom cultivation and vermicompost have been started in jail. This is being done under the flagship program of the government. As a result of this initiative, the released prisoners are going back to their villages and starting farming there. The initiative is making them opt for a better life," the Collector said. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Collector
- Chhattisgarh | https://www.devdiscourse.com/article/headlines/2187618-prisoners-in-chhattisgarh-being-trained-mushroom-cultivation-in-jail | 2022-09-22T06:46:09 | en | 0.967192 |
Ukraine and Russia: What you need to know right now
* Putin's thinly veiled threat to use nuclear weapons was "dangerous and reckless rhetoric", NATO's secretary general Jens Stoltenberg said. * Security forces detained nearly 1,400 people in 38 Russian cities at protests denouncing mobilisation by Wednesday evening, a rights group said.
- Country:
- Ukraine
President Volodymyr Zelenskiy demanded a special United Nations tribunal impose "just punishment" on Russia for its invasion of Ukraine, hours after Russian President Vladimir Putin ordered Moscow's first wartime mobilisation since World War Two. DIPLOMACY/POLITICS
* Russia and Ukraine carried out an unexpected prisoner swap, the largest since the war began and involving almost 300 people, including 10 foreigners. * Putin's thinly veiled threat to use nuclear weapons was "dangerous and reckless rhetoric", NATO's secretary general Jens Stoltenberg said.
* Security forces detained nearly 1,400 people in 38 Russian cities at protests denouncing mobilisation by Wednesday evening, a rights group said. * One-way flights out of Russia were selling out fast after the mobilisation order.
* U.S. President Joe Biden said Moscow was making "irresponsible" threats to use nuclear weapons, while Canadian Prime Minister Justin Trudeau condemned Putin's mobilisation order. * Western allies said threats to use nuclear weapons show Russia's Ukraine campaign was failing.
* European Union foreign ministers agreed to prepare new sanctions on Russia and increase weapons' deliveries to Kyiv. * Foreign ministers from the G7 economies confirmed in a meeting in New York their cooperation in supporting Ukraine, Japanese Foreign Minister Yoshimasa Hayashi said.
* China's position on Ukraine will continue to be "objective" and "fair", foreign minister Wang Yi told his Russian counterpart Sergei Lavrov on the sidelines of a U.N. General Assembly in New York. * Uzbekistan's state prosecutors warned citizens against joining foreign armies after Russia offered fast-track citizenship to those who sign up.
* In Moscow's first update on casualty numbers in almost six months, Russia's Defence Minister Sergei Shoigu said 5,937 Russian soldiers had been killed since the start of the conflict. * Pro-Russian figures announced referendums for Sept. 23-27 in Luhansk, Donetsk, Kherson and Zaporizhzhia provinces, representing around 15% of Ukrainian territory.
NUCLEAR PLANT * The head of the U.N. atomic agency said he would not abandon a plan to create a protection zone around the Zaporizhzhia nuclear power plant despite Russian mobilisation plans and moves to hold a referendum in the region.
ECONOMY * Germany nationalised gas importer Uniper and Britain capped wholesale electricity and gas costs for businesses.
QUOTES * "If the territorial integrity of our country is threatened, we will without doubt use all available means to protect Russia and our people - this is not a bluff," Putin said in his televised address.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Odd News Roundup: Dream job: the Japanese man who gets paid to do nothing
VP Harris to attend former Japanese leader Abe's funeral in Tokyo
VP Harris will attend former Japanese Prime Minister Abe's funeral in Tokyo
Odd News Roundup: Small dinosaur fit for the living room to be sold at Paris auction; Dream job: the Japanese man who gets paid to do nothing | https://www.devdiscourse.com/article/headlines/2187626-ukraine-and-russia-what-you-need-to-know-right-now | 2022-09-22T06:46:24 | en | 0.944628 |
UP: Wall collapse in Etawah due to heavy rainfall kills 4, 2 injured; CM assures ex-gratia
Four children died and two others are injured after a wall of their house collapsed due to heavy rainfall in the Chandrapura village in the Civil Line area of Uttar Pradesh's Etawah on Thursday.
- Country:
- India
Four children died and two others are injured after a wall of their house collapsed due to heavy rainfall in the Chandrapura village in the Civil Line area of Uttar Pradesh's Etawah on Thursday. "Four siblings, three boys, and one girl, have died and the compensation will be granted to the family as per the norms," said Avnish Rai, District Magistrate, Etawah.
The deceased children have been identified as Sinku (10), Abhi (8), Sonu (7), Aarti (5) while one Rishav (4) and their grandmother Sharda Devi (75) were seriously injured in the wall collapse incident and have been admitted to the district's, Dr Bhimrao Ambedkar Government Joint Hospital. Chief Minister of Uttar Pradesh Yogi Adityanath also expressed deep grief over the deaths caused due to wall collapse in Etawah.
As per the CMO, CM Adityanath has instructed to give a relief amount of Rs 4 Lakh from the Disaster Relief Fund to the next of kin of the deceased and to give proper treatment to the injured persons. "#UPCM @myogiadityanath has deeply condoled the loss of lives due to the collapse of the wall in district Etawah. The Chief Minister has directed the senior officers to immediately visit the spot and conduct relief work," the CMO tweeted.
"The Chief Minister has given instructions to provide relief amount of Rs 4 lakh to the next of kin of the deceased. He expressed his condolences to the bereaved families and directed them (officials) to make proper arrangements for their treatment while wishing for a speedy recovery of the injured," it said in another tweet. Etawah District Magistrate Rai and Senior Superintendent of Police Jaiprakash Singh took a closer look at the Chandrapur spot after taking the injured to the hospital.
More details into the matter are awaited. Earlier on Wednesday night, an under-construction roof of Islamia College of Commerce collapsed in UP's Gorakhpur where two persons buried under the debris were rescued safely by the teams.
On Wednesday, the India Meteorological Department (IMD) had predicted isolated heavy falls and thunderstorms over Uttar Pradesh till Friday. "Isolated heavy falls & thunderstorm/lightning likely over Uttarakhand and West Uttar Pradesh during 21st-25th...and over East Uttar Pradesh during 21st -23rd and moderate rainfall likely over Delhi on 21st & 22nd September," the IMD tweeted.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Delhi vs Centre: SC's Constitution bench to hear on Sep 27 plea relating to split verdict on control of services | https://www.devdiscourse.com/article/headlines/2187631-up-wall-collapse-in-etawah-due-to-heavy-rainfall-kills-4-2-injured-cm-assures-ex-gratia | 2022-09-22T06:46:34 | en | 0.966198 |
US$577 million pledged since July to deepening child malnutrition crisis
The commitments were made as climate-driven drought, conflict, and rising food prices continue to drive up emergency levels of severe wasting in young children worldwide.
Governments, philanthropies, and private donors have pledged approximately US$577 million since July in response to the deepening child malnutrition crisis – with at least 60 per cent of that amount committed to directly supporting UNICEF's work.
Roughly US$280 million of the over half billion raised was pledged today at The Child Malnutrition Crisis: Pledging to Save Lives – a high-level event co-hosted by UNICEF, United States Agency for International Development (USAID), the Children's Investment Fund Foundation (CIFF), and the government of Senegal at UNICEF Headquarters in New York.
The governments of Canada, Ireland, the Kingdom of the Netherlands, and the United Kingdom; and the Aliko Dangote Foundation, the Bill & Melinda Gates Foundation, the Children's Investment Fund Foundation (CIFF), the Eleanor Crook Foundation, the Greta Thunberg Foundation, Humanitarian Services of The Church of Jesus Christ of Latter-day Saints, and King Philanthropies came together at the high-level event during the 77th annual United Nations General Assembly (UNGA) to address the growing food crisis.
The commitments were made as climate-driven drought, conflict, and rising food prices continue to drive up emergency levels of severe wasting in young children worldwide. In 15 countries hardest hit, including in the Horn of Africa and the Sahel, a child is being pushed into severe malnutrition every minute, according to a recent analysis by UNICEF.
"An escalating malnutrition crisis is pushing millions of children to the brink of starvation – and unless we do more, that crisis will become a catastrophe," said UNICEF Executive Director Catherine Russell. "UNICEF is immensely grateful for the pledges we have received, but we need further unrestricted funding to reach children before it is too late. We cannot stand by and let children die – not when we know how to prevent, detect, and treat severe wasting."
Today's commitments build upon pledges made in July, when USAID Administrator Samantha Power announced an unprecedented contribution of US$200 million to UNICEF to detect and treat severe child wasting. At that time, an additional US$50 million was pledged by private philanthropies including Philanthropist and Chair of the Children's Investment Fund Foundation (CIFF) Sir Chris Hohn, the Eleanor Crook Foundation (ECF), The CRI Foundation, and The ELMA Relief Foundation, to address the malnutrition crisis.
"The majority of children facing severe malnutrition – nearly two-thirds of children who need treatment – live in places not currently in crisis, places that don't normally receive humanitarian aid," said USAID Administrator Samantha Power. "We are working to change that, to recognize that treatment for severe malnutrition is not solely a humanitarian need, but in some places, a development requirement, too."
Severe wasting – which makes children dangerously thin – is the most visible and lethal form of undernutrition. Weakened immune systems increase the risk of death among children under 5 by up to 11 times compared to well-nourished children.
In response, UNICEF has scaled up its efforts in 15 countries most affected by the malnutrition crisis. Afghanistan, Burkina Faso, Chad, Democratic Republic of the Congo, Ethiopia, Haiti, Kenya, Madagascar, Mali, Niger, Nigeria, Somalia, South Sudan, Sudan, and Yemen are included in an Acceleration Plan calling for US$1.2 billion to help avert a rise in child deaths and mitigate the long-term damage of severe wasting.
The pledges to UNICEF will help provide services for the early prevention, detection and treatment of child wasting, and expand access to life-saving ready-to-use therapeutic food (RUTF) and other essential nutritious commodities needed during crises.
During today's event, UNICEF and partners also launched an expansion of the Child Nutrition Fund, a long-term multi-partner financing mechanism to support the early prevention, detection and treatment of child wasting. By working with governments to consolidate and strategically allocate financial resources, the Child Nutrition Fund aims to accelerate global progress and end the cycle of severe child wasting.
"We are witnessing an unprecedented child malnutrition crisis. The fact that many millions of children have to experience severe malnutrition in their first few years of life is unacceptable," said Co-founder and Chair of CIFF Chris Hohn. "We already know many of the solutions for prevention, early detection and treatment of child wasting but we need to do more to ensure these solutions are scaled. This requires sustainable long-term and coordinated funding. The early success of the Child Nutrition Fund is incredibly encouraging and its expansion into becoming the largest centralised response to combat child wasting at scale is exactly what's needed. I am pleased to announce the CIFF intends to allocate an additional $40 million for addressing child wasting."
"As we face global challenges, including the ripple effects of COVID-19, we should always keep acute malnutrition and stunting as priorities on the multilateral agenda," said Minister Counsellor at the Permanent Mission of Senegal to the United Nations Diamane Diome. "Working with national and international stakeholders, such as USAID, UNICEF, the World Food Programme and other multilateral and bilateral partners, Senegal has made great progress in this regard. This shows that we can overcome the challenge of child acute malnutrition and stunting, if we work collaboratively and with a sense of urgency, on the basis of our shared values. Senegal is committed to sharing the experience and lessons it has learned in the process. That is why I am happy to take part in this timely meeting alongside USAID and UNICEF."
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UNICEF names climate activist Vanessa Nakate goodwill ambassador | https://www.devdiscourse.com/article/headlines/2187632-us577-million-pledged-since-july-to-deepening-child-malnutrition-crisis | 2022-09-22T06:46:44 | en | 0.945395 |
Gujarat: 7 inmates of Vadodara jail drink soap water after clash; hospitalized
Seven undertrials lodged at the Vadodara Central Jail in Gujarat were hospitalized after they drank soap water following a clash in the premises, police said on Thursday.The undertrials, who are accused in different criminal cases, also assaulted the jailer during the incident which took place on Wednesday evening, they said.Deputy Commissioner of Police Zone 2 Abhay Soni said the undertrials facing charges under the Gujarat Control of Terrorism and Organised Crime Act are not permitted to get food from outside, while others are allowed.
- Country:
- India
Seven undertrials lodged at the Vadodara Central Jail in Gujarat were hospitalized after they drank soap water following a clash in the premises, police said on Thursday.
The undertrials, who are accused in different criminal cases, also assaulted the jailer during the incident which took place on Wednesday evening, they said.
Deputy Commissioner of Police (Zone 2) Abhay Soni said the undertrials facing charges under the Gujarat Control of Terrorism and Organised Crime Act are not permitted to get food from outside, while others are allowed. ''Those not allowed the facility take the tiffins of other undertrials and keep them under their control. When the jail authorities learnt about it, they tried to send them to a different barrack,'' he said.
''A clash then broke out and seven inmates, in protest, mixed soap with water and consumed it in a large quantity, as per primary information received by us,'' the official said.
The undertrials also assaulted the jailer, following which an FIR was registered against them at Raopura police station under sections for rioting, assault on public servant, unlawful assembly, among others, he said. The seven who drank the soap water were rushed to the SSG Hospital in Vadodara on Wednesday night. Their condition is stable and they are recovering, Soni said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/headlines/2187634-gujarat-7-inmates-of-vadodara-jail-drink-soap-water-after-clash-hospitalized | 2022-09-22T06:46:52 | en | 0.977826 |
UNHCR, UNICEF establish Blue Dot Hubs to support Ukrainian refugees
The “Blue Dot Hubs” are one-stop safe spaces equipped to provide information, counselling, mental health and psychosocial support, legal aid and protection services for refugees.
Since the escalation of the war in Ukraine, some 234,000 refugees from Ukraine were able to use protection and support services provided by 36 Blue Dot Hubs established by UNHCR, the UN Refugee Agency, and UNICEF, the UN Children's Fund, across seven countries.
The "Blue Dot Hubs" are one-stop safe spaces equipped to provide information, counselling, mental health and psychosocial support, legal aid and protection services for refugees. The Blue Dot Hubs aim to assist all refugees, with a specific focus on children, people with disabilities or medical needs, older people, people who might have been trafficked, survivors of violence and refugees from the LGBTQI+ community.
Those with specific needs or who are particularly vulnerable can be identified and referred to specialized services. Critically, the Blue Dots also serve to identify and support unaccompanied and separated children travelling alone, as well as provide for informal education and early childhood care for children on the move.
"The international armed conflict in Ukraine has created a protection crisis for women, children and those most vulnerable, who account for the vast majority of those fleeing from Ukraine," said Pascale Moreau, Regional Refugee Coordinator for the Ukraine Situation. "Blue Dot Hubs, aimed at supporting community centres and efforts at the municipal level, play a key role in identifying and providing support to women, children, people with disabilities and other vulnerable people, who we know face greater risks of gender-based violence, trafficking, abuse, psychological distress and family separation."
As millions of people fled Ukraine since February this year, UNHCR and UNICEF rapidly established the Blue Dot Hubs at major crossing points, along transit routes and in urban areas in neighbouring countries that have received refugees. These include train stations, border points, cash assistance enrolment centres, refugee accommodation centres and community centres. To date, 36 Blue Dot Hubs have been established in Bulgaria, Hungary, Italy, Moldova, Poland, Romania and Slovakia, complementing the work of governments and other partners in supporting refugees.
"An estimated 7.1 million Ukrainians, most of them women and children, are refugees in Europe," said Afshan Khan, UNICEF Regional Director for Europe and Central Asia. "Blue Dot Hubs have been a vital extension of services provided by the host governments in identifying and referring the most vulnerable to national systems for care and protection. However, our work does not stop there. Ukraine's refugee children face multiple challenges and need continued access to learning, social protection, healthcare and other essential services. Expanding access to these services through the new digital Blue Dots platform, which consolidates information and service referral under one inclusive umbrella, will enable us to continue reaching those most in need with relevant and timely support."
As many refugees from Ukraine continue to flee the country or remain on the move and are largely reliant on information from social media and other online sources to make decisions about where and how to travel, where to settle down, and how to access services, UNHCR and UNICEF have also launched a "Digital Blue Dot", www.bluedothub.org.
This digital platform complements the physical Blue Dots Hubs, providing refugees with access to updated, accurate and localized information on their mobile phones, including on rights and entitlements, key social services and providers and how to access them, and how to stay safe.
The Digital Blue Dot is mobile and tablet friendly, continuously updated and available in key languages, including Ukrainian and Russian.
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- Blue Dot Hubs
- UNHCR
- UNICEF
- Ukraine
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EXCLUSIVE- HSBC fund arm toughens thermal coal policy to curb climate change
The Global Coal Exit List, which tracks finance firms' ties to the coal sector, said HSBC's fund arm exposure was $3.4 billion at end-November. HSBC asset management's head of sustainability Erin Leonard said in an interview that the number of companies in the bank's investment portfolio that have so far confirmed plans to expand their exposure to thermal coal was "relatively small".
HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an acceleration of a broader commitment it made last year. Thermal coal, a cheap energy source used widely across Asian markets where many of HSBC's clients are based, is one of the fossil fuels most responsible for climate-damaging emissions.
The banking sector has been slow to commit to no longer financing the production of the fuel. Standard Chartered , a competitor of HSBC in emerging markets, said earlier this year it would end all direct coal financing for clients by 2032. HSBC said last December it would cut exposure to thermal coal financing, across all its businesses including asset management, by at least 25% by 2025 and 50% by 2030, though non-EU or non-OECD-based clients could be funded until a global phase-out by 2040.
In a new 10-point plan, HSBC Asset Management, which oversees around $600 billion in assets, said it would immediately stop investing in listings or primary debt issuance of any company engaged in thermal coal expansion. HSBC estimates that there are more than 300 companies globally with more than 10% of revenues tied to the fuel. The Global Coal Exit List, which tracks finance firms' ties to the coal sector, said HSBC's fund arm exposure was $3.4 billion at end-November.
HSBC asset management's head of sustainability Erin Leonard said in an interview that the number of companies in the bank's investment portfolio that have so far confirmed plans to expand their exposure to thermal coal was "relatively small". HSBC said it will have engaged with all listed companies in its actively managed portfolios with more than 10% of revenues from thermal coal by next year.
By the end of 2030, the group's active portfolios would hold no listed securities of companies reliant on coal for more than 2.5% of revenues in the European Union or OECD markets; and that would be expanded to all markets by 2040. HSBC aims to have begun engaging with all the companies it holds shares in above the 10% threshold, including those held in its passive funds, by 2025, Leonard said.
For companies in its active funds with more than a 10% revenue exposure to thermal coal, all initial public offerings and primary debt issuance would be subject to "enhanced due diligence" of the company's plan to transition to net-zero, according to HSBC. HSBC said in its 2021 annual report that the bank's thermal coal loan exposure was $1 billion, or 0.2% of its total wholesale loan book.
When it comes to holding the boards of companies with significant thermal coal exposure to account, HSBC said its fund arm would vote against the election of board chairs at companies planning to expand production and use of thermal coal. Chairs at companies with more than 10% revenue exposure, and which do not provide acceptable reporting on climate risk, or where transition plans remain weak after a period of engagement, would also face being opposed when they seek re-election.
"This is a much more public signal to the companies we invest in on our intentions and how we're going to be voting," Leonard said. A spokesperson for ShareAction, a non-profit advocating for sustainable business, welcomed HSBC's announcement and called on it to set interim milestones on its engagement with companies.
HSBC also said it would stop launching index funds with more than a "de minimis" exposure to thermal coal, which the group defined as more than 2.5% of a company's revenues. For all existing passive funds, which make up a sixth of HSBC's total assets, it would work with clients to transition to greener alternatives and with index providers to create more indexes without exposure to thermal coal.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Standard Chartered
- European Union
- non-EU
- OECD
- Asian
- HSBC
- HSBC Holdings Plc | https://www.devdiscourse.com/article/headlines/2187655-exclusive--hsbc-fund-arm-toughens-thermal-coal-policy-to-curb-climate-change | 2022-09-22T06:47:08 | en | 0.967088 |
Debris triggered by landslide blocks NH-109 at Rudraprayag
National Highway (NH)- 109 in Rudraprayag was blocked on Thursday, with long queues of vehicles after a sudden landslide led to the roll down of debris from the hill near Tarsali village in Rudraprayag.
- Country:
- India
National Highway (NH)- 109 at Rudraprayag was blocked on Thursday, with long queues of vehicles after a sudden landslide led to the roll down of debris from the hill near Tarsali village in Rudraprayag. The blockage of the NH lead to long queues of vehicles being formed on both sides of the road.
No casualty has been reported as the passengers were sent back by the local people before the debris fell. District Magistrate (DM) Mayur Dixit told ANI that the work of opening the highway has been started and the safe movement of passengers will be done.
"All the passengers have been stopped at safe places. The work of opening the highway is being done by national Highways. Once the debris is cleared, the safe vehicular movement of passengers will be done," DM Dixit said. While the pilgrims going to Kedarnath were stopped at Rudraprayag, Tilwara, Agastyamuni and Guptkashi. The pilgrims coming back from Sonprayag have also been stopped at safe places at Sonprayag, Sitapur, etc. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Rudraprayag
- Kedarnath
- Sitapur
- national Highways | https://www.devdiscourse.com/article/headlines/2187683-debris-triggered-by-landslide-blocks-nh-109-at-rudraprayag | 2022-09-22T06:47:16 | en | 0.972161 |
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UK businesses laud energy relief, but costs still a struggle
- Country:
- United Kingdom
At Sophia Sutton-Jones' bakery in North London, the electricity bill has more than tripled since the start of the year.
It now costs 5,500 pounds (USD 6,260) a month to power the ovens and keep the lights on at Sourdough Sophia.
"Where should I magically take 4,000 pounds per month extra that I didn't calculate for?" she said. To cope with rising costs, she's had to borrow 50,000 pounds and raise prices twice this year for her loaves, baguettes and pretzels.
She doubts that even a massive support package announced this week by the UK government will make much difference to businesses like hers struggling with soaring energy costs.
Pubs, restaurants, breweries, retailers and other businesses across the United Kingdom are being pushed to the brink by skyrocketing energy bills that have helped send inflation to a four-decade high and fuel a cost-of-living crisis.
Forced to take action by cost increases that threaten to tip the British economy into recession, new Prime Minister Liz Truss' government released details on Wednesday that wholesale energy bills for businesses will be capped this winter.
The government will pick up some of the tab for six months starting October 1 so businesses pay discounted rates that are "less than half the wholesale prices anticipated this winter".
It's also capping household energy bills and expected to detail more economic intervention on Friday.
Energy price increases were stoked first by the global economic recovery from the COVID-19 pandemic, which sent fuel demand soaring, and then by aftershocks of Russia's war in Ukraine.
The UK gets only a fraction of its gas from Russia, but it's more vulnerable to volatile spot market prices because it has less nuclear and renewable energy and little gas storage capacity.
The support package "will hopefully reduce the immediate risk of business collapse and job losses", said Jamie Stewart, deputy director of the University of Strathclyde's Centre for Energy Policy.
"It should also limit the need for businesses to pass on costs through putting up prices on their goods and services and compounding already acute cost-of-living pressures." Business groups generally welcomed the announcement, but some raised concerns about whether the aid would end abruptly after six months. The government said it would hold a review after three months.
Business owners like Sutton-Jones complained that relief has been too slow to arrive.
"There is no backdating, so essentially we cannot benefit fully from the support package, and many employers will be forced to shut," she said. "What happens to the huge debt many businesses have already racked up?" The Federation of Small Businesses shared the concern and urged a hardship fund for companies that fall through the cracks.
The British Beer and Pub Association called the energy support "a lifeline for many pubs and brewers this winter".
Britain's famed pubs barely had time to recover from the pandemic before getting hit with supply chain problems, labour shortages and across-the-board price increases that, combined with sky-high energy bills, has ''for many businesses, more than wiped out their total net income", seven pub, brewing and hospitality groups said last week in a letter to the UK finance chief.
At the King's Head pub in northern England, rising electricity prices forced manager Cherylanne Lowther to stop serving food on some days because it's too costly to operate the kitchen's energy-guzzling oven, double boiler, three deep fryers and dishwasher.
She said her latest electric bill jumped to 800 pounds a month from the usual 500 and had been set to double to 1,600 pounds.
Even if the new government support keeps her bill at the previous level, "I couldn't afford the 800'', Lowther said.
As winter approaches, she also is bracing for higher heating oil costs, saying kerosene for the pub's outdated heating system "costs a fortune at the moment".
On top of that, she has a contract with a brewing company that is raising alcohol prices just as customers in the village of Cockfield, saddled with their own rising costs, are staying home more often.
On some recent nights, she's turned a profit of just 20 pounds.
Since she started running the pub 10 months ago, she's burned through the reserve funds and now "there's no money left to pay anything", Lowther said.
"All the time I've been in the pub, I've never been able to take a wage," said Lowther, who worries about going into debt.
Even a bigger pub operator, London-based chain Fuller, Smith and Turner Plc, said this week that energy costs for its 385 pubs have risen to "unprecedented levels''.
Without factoring in the UK government's support measures, Fuller's expects to spend 18 million pounds on gas and electricity this year, up from 8 million last year.
Small manufacturers are under pressure, too.
Exeter Charcoal has been forced to hike the price of its small mobile "retorts" — devices used to make charcoal by heating wood — by 3,000 pounds, to 17,450 pounds. Metal for the machines is cut with a precision laser by a nearby engineering firm.
"We've just taken a massive hit on the laser-cutting costs," company director Robin Rawle said. The engineering firm's "energy costs are going through the roof".
Buyers include woodland owners, schools and local governments that have extra timber they can turn into charcoal to sell. But alongside rising labour and raw material costs, "the whole thing is getting beyond what most of our customers can afford", Rawle said.
The company would be able to weather the crisis by making a smaller, cheaper version that's proved popular, he said.
But Rawle worried that the government's plan was fiscally irresponsible. Officials haven't detailed how much the support package will cost, but it's expected to be many billions of pounds.
"What Liz Truss is planning is, I find, particularly scary,'' Rawle said. ''The amount of money involved — all we're doing is building up debt. And as a businessperson, you can't really spend money you don't have."
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Centre gets over 46,000 corruption-related public grievances, maximum against DFS
- Country:
- India
Over 46,000 corruption-related public grievances were received by the Centre in the last eight months of this year, a maximum of them against the Department of Financial Services (DFS), according to the latest official report.
"Department of Financial Services (banking division) received the maximum number of grievances under the aforementioned category of corruption, with the department recording 14,934 receipts this year, whilst the Department of Financial Services (insurance division) secured 2nd position with a distant number of 3,306 receipts this year alone," it said.
The Department of Personnel and Training (DoPT), the nodal authority for anti-corruption matters among others, got 2,223 such grievances, according to the report.
These plants were received through the Centralised Public Grievance Redress and Monitoring System (CPGRAMS), an online system that allows citizens to raise complaints against government departments.
As many as 46,627 grievances have been received this year alone under the corruption category, said the CPGRAMS report for August 2022.
"The stipulated time limit for disposal of public grievances in CPGRAMS has been reduced from 45 days to 30 days. Over the past five years, on an average 19 lakh grievances were received on the CPGRAMS portal," it said.
The Department of Science and Technology has got 1,831 public grievances, 1,784 against the office of the Comptroller and Auditor General of India, and 1,005 against the Department of Food and Public Distribution, the report said.
Pendency analysis shows that the DFS (banking division) has a maximum of 1,088 corruption category cases pending disposal and the Department of Health and Family Welfare has 260 grievances pending disposal, it said.
A total of 7,50,822 public grievances were received between January 1 and August 25, 2022 (in addition to 68,528 brought forward from the previous year), of which 7,27,673 were disposed of and 91,677 were pending, it said.
Of the total pending grievances, 2,157 were pending for more than a year, 10,662 for more than six months, 47,461 for over 30 days, and 44,216 for less than 30 days, the report said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/health/2187619-centre-gets-over-46000-corruption-related-public-grievances-maximum-against-dfs | 2022-09-22T06:47:32 | en | 0.975292 |
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Assam to use portable device 'SAANS' to stop neonatal deaths
- Country:
- India
Following the success of a pilot project to reduce neonatal mortality with a special equipment 'SAANS', the Assam government has decided to use the air pressure machine developed by a Bangalore-based start-up across its hospitals, officials said on Thursday.
'SAANS' is a portable neonatal Continuous Positive Air Pressure (CPAP) system that can provide lifesaving breathing support to infants in hospital settings as well as during travel.
A senior official of the start-up InnAccel Technologies claimed that the machine was used with some babies at Gauhati Medical College and Hospital as a pilot project and demonstrated ''excellent results''.
''Following this, more than 50 SAANS devices have been deployed across medical colleges in Assam to date with more deployments underway to district hospitals,'' he told PTI.
For development of the machine, InnAccel Technologies, incubated at the Centre for Cellular and Molecular Platforms (C-CAMP), joined hands with the SAMRIDH Healthcare Blended Finance Facility to strengthen respiratory support for newborns and pediatric populations in Assam.
SAMRIDH is a multi-stakeholder innovation and financing platform supported by the United States Agency for International Development (USAID) and implemented by IPE Global.
''Through this partnership, InnAccel Technologies will receive access to affordable finance and technical assistance to expand the production and distribution of SAANS,'' said the maker of the indigenous life-saving device to reduce neonatal mortality due to Respiratory Distress Syndrome (RDS).
The partnership between InnAccel, C-CAMP and SAMRIDH with support from the National Health Mission, Assam and the Government of Assam will help deploy 307 units of SAANS in the state, the company official said.
The distribution of these quantities of machines is expected to meet almost all the state's current demand to supplement respiratory support technology, an official said.
Commenting on the development, InnAccel Technologies Co-Founder and CEO Siraj Dhanani said: ''SAANS is a revolutionary product that has already saved almost 10,000 babies in India and Ethiopia. These are babies that would have otherwise been lost due to lack of breathing support at the point of care.
''We are confident that SAANS will universalise breathing support for all infants in Assam, providing the breath of life that so many of our babies desperately need to survive.'' NHM Assam Mission Director M S Lakshmipriya said that this partnership will help curtail the current rate of neonatal deaths and address the required infrastructural support in the state.
''The deployment of this technology can prevent such deaths in remote, inaccessible districts of the state where statistics for infant mortality are particularly grim,'' she added.
RDS is the cause for over 1.5 lakh deaths among newborns annually in India with one-third of deaths occurring during transport to hospitals with CPAP capabilities.
In Assam, there are 40 deaths per 1,000 live births, registering the third-highest infant mortality rate in India.
''The condition can be treated with CPAP. However, existing CPAP solutions are not portable and require the use of neonatal intensive care unit-grade infrastructure, which makes them unusable during transport,'' InnAccel Technologies said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- M S Lakshmipriya
- India
- CPAP
- InnAccel Technologies Co-Founder
- Assam
- United States Agency for International Development
- Respiratory Distress Syndrome (RDS
- SAANS
- Gauhati Medical College and Hospital
- Bangalore
- Cellular and Molecular Platforms
- Siraj
- InnAccel Technologies
- Dhanani
- Healthcare Blended Finance Facility
- IPE Global
- Ethiopia | https://www.devdiscourse.com/article/health/2187624-assam-to-use-portable-device-saans-to-stop-neonatal-deaths | 2022-09-22T06:47:40 | en | 0.936544 |
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Hong Kong set to scrap COVID hotel quarantine from early Oct - media
- Country:
- Hong Kong
Hong Kong will scrap its controversial COVID-19 hotel quarantine policy for all arrivals from early October, more than 2-1/2 years after it was first adopted, news portal HK01 said on Thursday, citing unidentified sources.
An announcement is set for next week, it added.
Also Read: Five Hong Kong speech therapists jailed for conspiracy to "brainwash" children with cartoons
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Hong Kong
Advertisement | https://www.devdiscourse.com/article/health/2187675-hong-kong-set-to-scrap-covid-hotel-quarantine-from-early-oct---media | 2022-09-22T06:47:49 | en | 0.940373 |
Every 2 seconds, 1 person under 70 dies of noncommunicable diseases in world: WHO report
Diseases relating to the heart, cancer, diabetes and respiratory diseases claim the lives of every one person every two seconds under the age of 70, a World Health Organisation report has said.
- Country:
- India
Diseases relating to the heart, cancer, diabetes and respiratory diseases claim the lives of every one person every two seconds under the age of 70, a World Health Organisation report has said. Almost nine out of the 10 those deaths are taking place in low and middle-income countries.
"Millions of people - especially in lower-income settings - cannot access the prevention, treatment and care that could prevent or delay noncommunicable diseases and their consequences. Every year 17 million people under the age of 70 die of NCDs, and 86 per cent of them live in low-and middle-income countries," said the report. Non-communicable diseases (NCDs) are chief among them.
"Cardiovascular diseases (heart disease and stroke), cancer, diabetes and chronic respiratory diseases- cause nearly three-quarter of deaths in the world," it added. The WHO has mentioned in the report that the reasons behind the increasing NCDs are social, environmental, commercial and genetic.
However, one in six deaths - that's 9.3 million families are dying from cancer every year. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- World Health Organisation | https://www.devdiscourse.com/article/health/2187684-every-2-seconds-1-person-under-70-dies-of-noncommunicable-diseases-in-world-who-report | 2022-09-22T06:47:59 | en | 0.955157 |
Sadhvi Ritambhara programme cancelled amid protest in UK
The event of Hindu political activist Sadhvi Ritambhara in the United Kingdom was cancelled after the mob gathered at a temple in Smethwick to protest against the leader.
- Country:
- India
The event of Hindu political activist Sadhvi Ritambhara in the United Kingdom was cancelled after a mob gathered at a temple in Smethwick to protest against the leader. In an interview with ANI, Sadhvi said, "There were some people who could not see India's development and tried to fuel fear within the Hindu community. They try to create a situation, run the campaign and even assert pressure on the political leader."
According to Sadhvi Ritambhara, she was scheduled to go to London from Los Angeles and later to India, but the programme was postponed due to the protest there. "They (the mob) also have created pressure on the media," she added. Earlier, around 200 people gathered outside a Hindu temple in Birmingham to protest against Sadhvi Ritambhara's event, according to media reports.
A mob staged a violent demonstration outside the Durga Bhawan temple in United Kingdom's Smethwick on Tuesday. Videos that surfaced on social media showed a large crowd of people marching towards the Durga Bhawan Hindu Centre on Spon Lane. They were also heard raising religious slogans. Several from the mob were seen climbing the temple's walls.
Sandwell Police had earlier tweeted, "We're aware of a planned protest in West Bromwich later today (20 September). We understand this is in relation to concerns around a speaker at the Temple in Spon Lane, but we're informed the event has been cancelled and this person is not staying in the UK." This incident comes after recent social media reports about Pakistani organised gangs were seen vandalising and terrorising Hindus in the UK's Leicester City. The incident follows a spate of violence and disorder in the eastern part of the city.
The Indian High Commission in London on Monday condemned the violence perpetrated against the Indian community in Leicester and sought immediate action against those involved in the attacks. "We strongly condemn the violence perpetrated against the Indian community in Leicester and vandalisation of premises and symbols of Hindu religion. We have strongly taken up this matter with the UK authorities and have sought immediate action against those involved in these attacks. We call on the authorities to provide protection to the affected people," the statement read.
The cycle of violence was triggered on August 28 after India won the Asia Cup T20 match against Pakistan. On Sunday, a clash broke out among groups of young men in Leicestershire, according to the police statement. A total of 47 arrests have been made so far, Leicestershire Police said. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Pakistan beat Afghanistan by one wicket to qualify for Asia Cup final, India out of contention | https://www.devdiscourse.com/article/international/2187615-sadhvi-ritambhara-programme-cancelled-amid-protest-in-uk | 2022-09-22T06:48:07 | en | 0.971891 |
Regional, global issues discussed in 10th IBSA ministerial meet hosted by India
The Ministers participating in the India-Brazil-South Africa Trilateral Cooperative Forum (IBSA) held discussions on several global and regional issues, including cooperation in multilateral organizations, UNSC reform, climate change and the Ukraine situation.
- Country:
- United States
The Ministers participating in the India-Brazil-South Africa Trilateral Cooperative Forum (IBSA) held discussions on several global and regional issues, including cooperation in multilateral organizations, UNSC reform, climate change and the Ukraine situation. On the sidelines of the 77th United Nations General Assembly, India hosted the 10th Ministerial Commission of Foreign Ministers of the IBSA.
External Affairs Minister, S Jaishankar met with his Brazilian counterpart Carlos Franca and South African Health Minister Dr Joe Phaahla. The trio reaffirmed the cooperation between India, Brazil and South Africa. According to the Ministry of External Affairs statement, global issues such as cooperation in multilateral organizations, South-South cooperation, UNSC Reform, 2030 Agenda & Sustainable Development Goals, Climate Change, countering terrorism, financing for development, WTO, and G20 were discussed. While Regional including African Union, the Middle East Peace Process, and the situation in Ukraine were discussed in the meeting.
External Affairs Minister S Jaishankar chaired the meeting on September 21. As per the ministry, the Ministers reviewed the entire gamut of IBSA cooperation. They welcomed new initiatives within IBSA, such as the inaugural meeting of the IBSA National Security Advisors, the launch of cooperation amongst the Development Cooperation Agencies in the form of IBSA Working Group on International/Trilateral Development Partnerships and the inaugural IBSA Senior Officials Meeting on Traditional Medicines.
IBSA exemplifies the spirit of South-South cooperation. The IBSA Fund is a special feature of the IBSA collaboration. It has since its inception, allocated over USD44 million, supporting 39 South-South cooperation development projects in 35 partner countries, the majority being Least Developed Countries. The Ministers also noted the upcoming G20 Presidencies of India and Brazil in 2023 and 2024, as useful opportunities to cooperate and steer the G20 Agenda and work with a developmental perspective, the MEA said.
Meanwhile, Jaishankar, on day 3 interacted with his counterparts of four countries. He met with his Estonia counterpart Urmas Reinsalu, Norway Foreign Minister Anniken Huitfeldt, Bolivia's Foreign Minister Rogelio Mayta and UK Foreign Secretary James Cleverly. Jaishankar will address world leaders at the General Assembly on Saturday, after which he will leave for Washington and a meeting with US Secretary of State Antony Blinken. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/international/2187650-regional-global-issues-discussed-in-10th-ibsa-ministerial-meet-hosted-by-india | 2022-09-22T06:48:15 | en | 0.928465 |
Last nail in coffin of terrorism drawn; J-K rejects separatism, Pak agenda
Security Forces have almost drawn the last nail in the coffin of Pakistan-sponsored terrorism in Jammu and Kashmir leaving the terror bosses sitting across the Line of Control (LoC) exasperated.
- Country:
- India
Security Forces have almost drawn the last nail in the coffin of Pakistan-sponsored terrorism in Jammu and Kashmir leaving the terror bosses sitting across the Line of Control (LoC) exasperated. Recently, J-K Police arrested three hybrid terrorists, Waseem, Yawar and Muzammil for their involvement in the killing of Mohammad Amrez, a labourer hailing from Bihar. He was shot dead by the terrorists in August this year at Sadunara in North Kashmir's Bandipora district.
The arrested trio after questioning revealed that they had kept a watch on outside labourers and wanted to strike fear among them by such killings. They were in touch with a Pakistan handler code-named Babar and Amreez's killing was carried out at his direction. After August 5, 2019--when the Centre announced its decision to abrogate J-K's special status and bifurcated it into two Union Territories--terrorist bosses sitting in Pakistan have made desperate attempts to terrorize the people, especially the non-locals and the members of the minority communities.
Terrorists operating in Kashmir during the past three years have made desperate attempts to vitiate peace by targeting innocents. The arrested terrorists have revealed that their bosses sitting across the Line of Control have given them clear-cut instructions to kill people for conflict to remain alive. The attacks on the members of minority communities and non-locals were carried out under a well-devised conspiracy to push them out of Kashmir so that 1990 like the situation is recreated but the minorities and non-locals have held their ground. They haven't left Kashmir, nor have they got intimidated by the pressure exerted by the terrorists.
Swift action by security forces instils confidence The swift action by the security forces against the terrorists has prevented the situation from taking an ugly turn. Terrorists who were involved in the killings of innocents have either been eliminated or arrested. The security forces acting tough against the killers instilled confidence among the people to stay firm in their fight against terrorism and the terrorists.
Terrorism in the Union Territory is on its last legs and the final assault has been launched to neutralize the terrorism forever. Personnel of the Jammu and Kashmir Police along with the central armed forces have rendered invaluable sacrifices to defeat the elements sponsored by Pakistan. The security forces have achieved a lot on different fronts and jawans are working hard to ensure that normalcy in Kashmir becomes a permanent feature.
The work and sacrifices of the security forces have been acknowledged by the entire country, including Prime Minister Narendra Modi and Home Minister Amit Shah and others. Hurriyat becomes history
It's not only the terrorism that has been controlled, separatists, who used to act as advocates of Pakistan in Kashmir, have been cut to size. The Hurriyat Conference, funded by the terror bosses sitting across the LoC, has wound up its offices as there is no one left in Kashmir to carry forward the agenda of separatism and sedition. To fill in the void a new chapter of the Hurriyat has been opened in Pakistan to provoke people of J-K. However, its shutdown call on August 5 this year was totally ignored by the people of J-K. Instead, there were huge celebrations.
Terrorists based in Pakistan were using social media to instigate youth to foment trouble in the Himalayan region, but after the scrapping of Article 370, people in Jammu and Kashmir are not falling into their trap as they have understood that neither Pakistan nor the terrorists are their friends. They have rejected the path of violence and their overwhelming participation in national events like Har Ghar Tiranga campaign and Independence Day celebrations is ample proof of the fact that no one in Kashmir is interested in what Pakistan is trying to preach.
All out efforts The security forces are putting in all-out efforts to consolidate peace in J-K and no chance is being provided to anti-national elements to regroup and put Kashmir on the path of destruction again.
During the past three years, security agencies have dismantled the terror ecosystem which sustained the terror for 30 years. Terrorist supporters and sympathizers are being identified and nailed. The network of the overground workers that helped the terrorists to carry on with their nefarious acts has been trampled. Politicians, who posed as nationalists and supported the separatists and Pakistan, have been cut to size and made to understand that the days to sail in two boats have ended. The government employees with separatist leanings have been told in clear terms that it's the government whom they serve and they cannot indulge in any such activity which is against the national interest.
Spirit of nationalism After 2019, the spirit of nationalism has been inculcated among the people. The alienation that prevailed during the rule of politicians has been addressed. The abrogation of Article 370 has made every Kashmiri realize that he is an Indian and the country cares for him.
The inculcation of nationalism has helped people of J-K to differentiate between friends and foes. The Himalayan region witnessing massive development in 3-years has made it clear that New Delhi always wanted J-K to prosper and come at par with other states across the country but the Pakistan-sponsored terrorism and Article 370 acted as biggest stumbling blocks. Pak suffers severe blows
Pakistan has lost the proxy war that it fought in the Himalayan region. Till 2019, it kept J-K on the precipice through its stooges. But in the last three years it has suffered consecutive blows as the present dispensation led by Prime Minister Narendra Modi is no mood to compromise with the terrorists, their sponsors and their advocates. The security forces have been given a free hand to wipe out terrorism from J-K and a mechanism has been devised to ensure that terror doesn't raise its ugly head again.
The Ministry of Home Affairs led by Amit Shah is directly monitoring anti-terror operations in the Union Territory and is providing all the support to the security forces to end the era of bloodshed in Jammu and Kashmir. Terrorist handlers based in Pakistan and Pakistan-occupied Kashmir have given clear-cut instructions to the terrorists to keep on spilling the blood but their nefarious designs are being foiled on a daily basis by the security agencies.
Jammu and Kashmir have changed after its complete merger with the Union of India as the terrorists have lost local support and their agenda is finding no takers. A new dawn has already broken in the Himalayan region and the end of terrorism is not that far away. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Win for entire Jammu and Kashmir: Ghulam Ali on Rajya Sabha nomination | https://www.devdiscourse.com/article/international/2187658-last-nail-in-coffin-of-terrorism-drawn-j-k-rejects-separatism-pak-agenda | 2022-09-22T06:48:23 | en | 0.973901 |
Pakistan court to indict ex-PM Imran Khan in contempt case today
The Islamabad High Court (IHC) is set to indict former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan on Thursday in the contempt of court case filed against him for threatening additional sessions judge Zeba Chaudhry during a rally.
- Country:
- Pakistan
The Islamabad High Court (IHC) is set to indict former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan on Thursday in the contempt of court case filed against him for threatening additional sessions judge Zeba Chaudhry during a rally. According to ARY News, a five-membered bench including Chief Justice Athar Minallah, Justice Mohsin Akhtar Kayani, Justice Miangul Hassan Aurangzeb, Justice Tariq Mehmood Jahangiri and Justice Babar Sattar will commence the proceedings at 2:30 pm.
PTI chief Imran Khan has been booked in a terrorism case on the complaint of Islamabad Saddar Magistrate Ali Javed for threatening the female judge during a rally on August 20 following which the Islamabad HC decided to indict Imran Khan on September 22 after giving an "unsatisfactory" response in the case. Notably, a terrorism case was registered against Imran Khan in Margalla police station for allegedly using derogatory language and threatening Additional Session Judge Zeba Chaudhry in his speech in Islamabad on August 20, as per ARY News.
Khan was booked under the Anti-Terrorism Act (ATA). The PTI chair had staged a rally in the federal capital on August 20 to express solidarity with his chief of staff Shahbaz Gill after claims of torture in custody. On the other hand, Khan's party has called for nationwide protests on Saturday against the "minus-one formula", a term used by PTI to describe the government's attempts to try and disqualify PTI Chairman from elections, media reports said.
The PTI has urged the protesters to express their solidarity with their chief Imran Khan. This is a fresh phase of its anti-government campaign which was announced by PTI, as per Pakistan's local media outlet Dawn. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/international/2187660--pakistan-court-to-indict-ex-pm-imran-khan-in-contempt-case-today | 2022-09-22T06:48:31 | en | 0.975369 |
Concerns over recession grow in South Korea due to inverted yield curve
Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis.
- Country:
- South Korea
Seoul [South Korea], September 22 (ANI/Global Economic): Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis. The short-term 3-year interest rates once increased higher than long-term 10-year government bond rates. Regarding this, concerns over a recession is growing in the financial market.
In general, the yield curve inversion can be interpreted as a premonitory phenomenon before the recession. The Bank of Korea (BOK) explained that it is because 3-year interest rates have risen sharply due to the tightening monetary policies of the U.S. However, experts say the yield curve inversion of long- and short-term interest rates can be prolonged as concerns over the recession are growing. According to the financial market sources on the 21st, the 3-year government bond interest rate recorded 3.784per cent at 11:30 a.m. on the 16th, higher 0.01per cent than the 10-year bond rate of 3.774per cent in 14 years and 2 months since July 18, 2008. On the 20th, the interest rate of the 3-year government bond was 3.823per cent and the 10-year government bond was 3.836per cent, but the interest rate gap between the 3-year and 10-year bonds was 0.013per cent, narrowing from the previous day (0.035per cent).
The market sources are concerned that this trend could continue as the 3-year bond rate surpassed the 10-year bond rate once during the day. In general, a decrease in the long-term interest rate below the short-term interest rate is considered a sign of a recession. This is because the recession usually occurred within 1-2 years after the short-term interest rate surpassed the long-term rate. According to the BOK, the 3-year interest rate has been higher than the 10-year interest rate only two times between November 2007 and January 2008 and in July 2008, when the country suffered from the global financial crisis. From November 2007 to January 2008, there were 37 days when the short-term interest rate exceeded the long-term rate, and 10 days in July 2008. On December 7, 2007, the gap between the short- and long-term rates widened to up to 0.11per cent.
The U.S. also saw a sharp rise in short-term interest rate a day before the results of the Federal Open Market Committee (FOMC), widening the gap between short- and long- interest rates to the lowest level in 22 years. On the 19th (local time), the 10-year U.S. government bond rates closed at 3.569 per cent, and the 2-year bond rate also closed at 3.970 per cent. During the day, the 10-year bond rate soared to 3.60per cent and the 2-year jumped to 3.992per cent. The gap between the two bonds was 0.401per cent, the largest ever in 22 years since August 2000. This year, interest rates of 2-year U.S. treasury bonds have rapidly increased, widening the gap with long-term bond rates.
Since the 2-year bond rates first surpassed the 10-year rates in early April this year, the 10-year interest rate has risen again, but 2-year bond rates have remained higher than 10-year bond rates for more than 2 months. As monetary authorities said they would continue the price-oriented monetary policy and the U.S. Fed is expected to announce at least 0.75per cent base rate hikes at the FOMC meeting on the 22nd, BOK's monetary policy normalization is expected to be faster than originally expected.
The BOK pointed out that the yield curve inversion of short- and long-term bonds is due to the U.S. tightening monetary policies, so there is no need to interpret it as a sign of an the recession. In 2007 and 2008, both 3-year and 10-year bond rates decreased, but now both rates have increased. "The 3-year bond rate is more affected by market expectations for future monetary policies than the 10-year bone rate," said Gong Dae-hee, head of the bond market team at the BOK's Financial Markets Bureau. "After the base rates have increased for the first time since COVID-19 in August last year, both 3-year and 10-year interest rates have increased, but the 3-year bond rate rose faster."
He said, "Unlike the past, the 3-year bond rate rose faster than the 10-year rate due to base rate hikes and inflation concerns, so it is still too early to predict an economic downturn with the interest rate gap. The U.S. Fed also said it is due to Fed's aggressive rate hikes to curb inflation, not a sin of the economic recession." On the other hand, experts are concerned that the short-term rate will remain higher than the long-term rate for the time being as the monetary policy to prevent high prices is needed and concerns over the recession are growing. This is because a rise in short-term interest rates is inevitable, while long-term interest rates are likely to lead to an economic slowdown.
In general, short-term interest rates are highly affected by monetary policies, so it tends to increase with base rate hikes. On the other hand, long-term interest rates are not significantly affected by the base rate hikes, but affected by mid- to long-term inflation and growth outlook. When the base rate increased, the yield curve inversion could continue for the time being as the long-term interest rates decreased due to concerns over an economic slowdown. Kim Sung-soo, an analyst at Hanwha Investment & Securities, said, "The yield curve inversion of short- and long-term treasury bonds was inevitable due to the still high price and growing pressure to raise interest rates. In the future, the inversion will become frequent, and this trend is expected to continue."
"In particular, the period of inversion is likely to be longer than in November 2007 to January 2008, the first yield curve inversion occurred," he said. "The inversion will continue due to weak economic fundamentals and high prices and currency rates in addition to extended tightening monetary policy period and prolonged economic slowdown." (ANI/Global Economic)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/international/2187661-concerns-over-recession-grow-in-south-korea-due-to-inverted-yield-curve | 2022-09-22T06:48:39 | en | 0.969703 |
Book honouring 75 women in STEAM launched in New Delhi
Marking the celebration of India's 75th year of Independence, a book honouring 75 women in the fields of science, technology, engineering, arts, and mathematics was unveiled by the Principal Scientific Adviser and British High Commissioner in New Delhi, according to the official statement.
- Country:
- India
Marking the celebration of India's 75th year of Independence, a book honouring 75 women in the fields of science, technology, engineering, arts, and mathematics was unveiled by the Principal Scientific Adviser and British High Commissioner in New Delhi, according to the official statement. According to an official statement, Principal Scientific Adviser Ajay Sood and High Commissioner Alex Ellis unveiled the book She Is-Women in STEAM by Elsa Marie D'Silva and Supreet K Singh on September 21.
"Marking the celebration of India's 75th year of Independence, the book honours 75 women in STEAM (fields of Science, Technology, Engineering, Arts, and Mathematics) celebrating gender, leadership, and sustainable development in the fields of STEAM," the Office of Principal Scientific Advisor to GoI said. Narrating personal stories of courage, hope, and determination, the book talks about the personal and professional struggles of women who did not have it easy but are role models for every girl who aspires to work in one of these disciplines, the official further said. "Over years of our work in the corporate and development sector we have witnessed the patriarchy displayed in the form of all-male panels or 'manels' on a variety of subjects, making decisions that affect women directly and indirectly, blatantly ignoring the contributions and voices of women," said the authors, ElsaMarie D'silva and Supreet K Singh in the statement.
"And whilst we work with women, men, and other genders, in creating a gender-equal world, we decided to bring forth stories of women achievers. This book seeks to make women in the fields of STEAM more visible, celebrate their significant contributions, and acknowledge their journeys which are often fraught with challenges that are gendered. The contribution of women to India's independence, and subsequent success and progress, has often been underplayed and underestimated. We wish to correct that," the authors highlighted. British High Commissioner Alex Ellis said: "Providing opportunities for everyone, including women and young girls, makes every country stronger and wiser. That is why the British Government has supported over 300 young Indian female scientists and innovators in STEM to reach their potential. But there's a long way to go, and I hope the examples in this book will inspire the next generation of women leaders, and that's why we are partnering with the Indian Government and the Red Dot Foundation on this work." Alex Ellis, British High Commissioner to India. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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British postal workers plan further strikes | https://www.devdiscourse.com/article/international/2187694-book-honouring-75-women-in-steam-launched-in-new-delhi | 2022-09-22T06:48:47 | en | 0.946162 |
TN Idol Wing stakes claim over Kala Samhara Moorthy idol auctioned at Christie's
Documents establishing the legal ownership of Tamil Nadu over the bronze idol of Kala Samhara Moorthy, also known as Tripurantaka Murthy, stolen about 50 years ago from Sri Kasi Viswanatha Swamy temple, Muthammal Puram village, Orathanadu in Thanjavur district, by replacing it with a fake one, has been sent, the wing said.The 82.3 cm long stolen idol was traced to Christies.com.
- Country:
- India
The Tamil Nadu Idol Wing CID has sent legal papers establishing the state's ownership over the Kala Samhara Moorthy idol auctioned at Christie's, USA, the Wing said on Thursday. This rare and magnificent bronze idol of Shiva Tripuravijaya dates back to the Chola period Circa 1050. He is seen standing triumphantly with one foot on the back of a prostrate dwarf lifted up on a rectangular plinth, the body carried in a nimble Tribhanga pose and clad in a brief dhoti and decorated with various jewellery. Documents establishing the legal ownership of Tamil Nadu over the bronze idol of Kala Samhara Moorthy, also known as Tripurantaka Murthy, stolen about 50 years ago from Sri Kasi Viswanatha Swamy temple, Muthammal Puram village, Orathanadu in Thanjavur district, by replacing it with a fake one, has been sent, the wing said.
The 82.3 cm long stolen idol was traced to Christies.com. According to the website, the price realised for the stolen idol was USD 4,350,000, DGP K Jayanth Murali said. The theft came to light on November 6, 2020, when G Suresh, Executive Officer of the Sri Kasi Viswanatha Swamy temple, preferred a complaint with the Deputy Superintendent of Police, Idol Wing CID, Chennai, stating that the antique metal idol of the Lord was stolen.
He further said the original idol was replaced by a fake some 50 years ago.
After the case was registered, U Muthuraja, Deputy Superintendent of Police, Idol Wing CID, Kumbakonam, approached the French Institute of Pondicherry (IFP) and sought images of the idols taken and documented by them in the past.
After obtaining pictures of the idols, the wing formed teams to search for the idols worldwide in museums / art galleries, auction houses and brochures of private collectors. Following an extensive search, the Idol Wing located an idol appearing similar to the missing idol on the website of Christie's, the auction company, an official release here said.
''Muthuraja downloaded the photo image of Kala Samhara Moorthy from the website of Christie's and sent it along with the photo off the fake idol available at the temple, to an antiquarian for an expert comparison report.
The antiquarian confirmed that both the photo images of Kala Samhara Moorthy taken by IFP Pondicherry and the image of the idol downloaded from the website of Christies were the same and that the metal image now kept in the temple was fake. ''Given the indisputable facts, the Idol Wing CID was duty bound to take necessary steps for the retrieval of the antique idol,'' the release said.
Hence, the wing prepared and submitted legal papers of request to the USA for repatriation of the Kala Samhara Moorthy idol, currently, in the USA, under the existing agreement between India and the USA concerning Mutual Legal Assistance in Criminal Matters.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Superintendent of Police
- Chennai
- India
- Orathanadu
- French Institute of Pondicherry
- Muthuraja
- Kala
- IFP Pondicherry
- Christie's
- Tripurantaka Murthy
- Samhara Moorthy
- Chola
- Kala Samhara Moorthy
- Muthammal Puram
- antiquarian
- Tamil Nadu
- Deputy Superintendent of Police
- U Muthuraja
- Shiva
- Jayanth Murali | https://www.devdiscourse.com/article/law-order/2187627-tn-idol-wing-stakes-claim-over-kala-samhara-moorthy-idol-auctioned-at-christies | 2022-09-22T06:48:54 | en | 0.931025 |
RSS chief Mohan Bhagwat meets Imam Umer Ahmed Ilyasi
Reaching out to the Muslim community, RSS chief Mohan Bhagwat along with senior Sangh functionaries on Thursday met Imam Umer Ahmed Ilyasi, the chief of All India Imam Organisation.The closed door meeting at Kasturba Gandhi Marg mosque lasted for more than an hour.Bhagwat was accompanied by senior Sangh functionaries Krishna Gopal, Ram Lal and Indresh Kumar.The Rashtriya Swayamsevak Sangh RSS chief has been holding discussions with Muslim intellectuals for strengthening communal harmony. RSS Sarsanghachalak meets people from all walks of life.
- Country:
- India
Reaching out to the Muslim community, RSS chief Mohan Bhagwat along with senior Sangh functionaries on Thursday met Imam Umer Ahmed Ilyasi, the chief of All India Imam Organisation.
The closed door meeting at Kasturba Gandhi Marg mosque lasted for more than an hour.
Bhagwat was accompanied by senior Sangh functionaries Krishna Gopal, Ram Lal and Indresh Kumar.
The Rashtriya Swayamsevak Sangh (RSS) chief has been holding discussions with Muslim intellectuals for strengthening communal harmony. ''RSS Sarsanghachalak meets people from all walks of life. It is part of the continuous general 'Samvad' process,'' RSS Prachar Pramukh Sunil Ambekar said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Indian Sikh man separated from his family during Partition meets his Pakistani Muslim sister in Kartarpur | https://www.devdiscourse.com/article/law-order/2187636-rss-chief-mohan-bhagwat-meets-imam-umer-ahmed-ilyasi | 2022-09-22T06:49:02 | en | 0.924244 |
9 individuals linked with Popular Front of India detained in Assam
Assam Police detained nine persons linked with the Popular Front of India (PFI) in the state, a police official said on Thursday.
- Country:
- India
Assam Police detained nine persons linked with the Popular Front of India (PFI) in the state, a police official said on Thursday. According to the official, a joint operation was launched by the state police and the National Investigation Agency (NIA).
Speaking to ANI, the official said, "Last night Assam police and NIA jointly launched an operation and picked up nine persons across the state linked with PFI". Out of the nine persons, four were detained from the Nagarbera area in the Kamrup district.
He added that the police and NIA jointly raided one PFI office in the Hatigaon area in Guwahati last night. Meanwhile, in a first-ever largest action, a joint team of the National Investigation Agency (NIA), Enforcement Directorate (ED) and state police forces have arrested over 100 PFI leaders during raids across 10 states, sources said today.
The searches were conducted at multiple locations in the largest ever investigation process till date. These searches are being conducted at the residential and official premises of persons involved in "funding terrorism, organising training camps and radicalising people to join proscribed organisations".
The raids were conducted in Telangana, Kerala, Andhra Pradesh, Uttar Pradesh and many more states, said sources. NIA earlier this month also raided 40 places in Telangana, Andhra Pradesh in a PFI case and detained four persons.
The agency had then conducted searches at 38 locations in Telangana (23 in Nizamabad, four in Hyderabad, seven in Jagityal, two in Nirmal, one each in Adilabad and Karimnagar districts) and at two locations in Andhra Pradesh (one each in Kurnool and Nellore districts) in the case relating to Abdul Khader of Nizamabad district in Telangana and 26 other persons. The PFI was launched in Kerala in 2006 after merging three Muslim organizations floated after the Babri Masjid demolition in 1992 - the National Development Front of Kerala, Karnataka Forum for Dignity and Manitha Neethi Pasari of Tamil Nadu. After the demolition of the Babri mosque, many fringe outfits had surfaced in south India and PFI was formed after merging some of them. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Population rising rapidly in Bihar's Muslim-dominated districts : Bihar BJP leader | https://www.devdiscourse.com/article/law-order/2187644-9-individuals-linked-with-popular-front-of-india-detained-in-assam | 2022-09-22T06:49:10 | en | 0.95823 |
Odisha to invest Rs 400 crore to boost disaster management capacity
- Country:
- India
Faced with frequent natural calamities, Odisha has decided to invest Rs 400 crore to bolster the state's disaster management apparatus with modern equipment and intensive training of frontline units, officials said.
The move was discussed at the State Executive Committee meeting held under the Chairmanship of Chief Secretary S C Mohapatra.
The investment would empower frontline agencies like the Odisha Disaster Rapid Action Force (ODRAF) and Fire Service personnel, Development Commissioner-cum-Special Relief Commissioner P K Jena said.
The amount will also be spent on modern relief and rescue equipment, he said.
Among other measures, the Housing and Urban Development Department has been asked to ensure that drains remain clean, and construct more flood shelters in deluge-prone areas.
The experience of the twin floods in river Mahanadi and Subarnarekha in August this year was taken into consideration before deciding upon more flood shelters, the officials said.
Flood embankments will be strengthened in vulnerable areas like Bari in Jajpur district, Dhamnagar in Bhadrak district, and Gop in Puri district, they said.
A proposal for Post Disaster Needs Assessment (PDNA ) was also discussed in the meeting.
"After proper assessment of the needs, additional support would be mobilized for long-term recovery, reconstruction, and future damage reduction," Jena said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/law-order/2187646-odisha-to-invest-rs-400-crore-to-boost-disaster-management-capacity | 2022-09-22T06:49:18 | en | 0.961859 |
Man sentenced to life imprisonment for raping minor niece
A court in Assams Dhubri district has sentenced a man to life imprisonment for raping his 11-year-old niece.The Dhubri Additional Sessions Judge cum Special Judge, POCSO, convicted the 31-year old man under the Protection of Children from Sexual Offences Act on Wednesday for raping the 11-year-old girl and sentenced him to life imprisonment.The court also imposed a fine of Rs one lakh on the accused.The court in its order observed that considering the nature of offence, the accused does not deserve leniency of punishment.
- Country:
- India
A court in Assam's Dhubri district has sentenced a man to life imprisonment for raping his 11-year-old niece.
The Dhubri Additional Sessions Judge cum Special Judge, POCSO, convicted the 31-year old man under the Protection of Children from Sexual Offences Act on Wednesday for raping the 11-year-old girl and sentenced him to life imprisonment.
The court also imposed a fine of Rs one lakh on the accused.
The court in its order observed that considering the ''nature of offence, the accused does not deserve leniency of punishment. The said convict must reflect upon the heinous act committed by him. He must reflect upon his action during custody and realise the dignity of human life''.
The mother of the girl had filed an FIR at the Tamarhat police station accusing the man of enticing her daughter to his house, raping her and sending her with a Rs 100 note and a packet of chips.
The minor came crying home and told her mother about the incident. The mother along with some other family members visited the accused person's house and he threatened to kill them if any case is filed against him in connection with the incident.
A case was registered under various sections of the POCSO Act and the charge sheet was submitted.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Start-up ecosystem's progress in Assam fast-paced: CM | https://www.devdiscourse.com/article/law-order/2187648-man-sentenced-to-life-imprisonment-for-raping-minor-niece | 2022-09-22T06:49:27 | en | 0.968671 |
NIA raid: PFI activists stage protests in Kerala
Activists of the Popular Front of India PFI on Thursday staged protests across Kerala against the raids carried out in their organisation offices, houses of leaders and other premises by multi-agencies led by the National Investigation Agency for allegedly supporting terror activities in the country.As the news of the early morning searches broke out, PFI workers took out marches to the places where the raids were carried out and raised slogans against the Centre and its investigating agencies.
- Country:
- India
Activists of the Popular Front of India (PFI) on Thursday staged protests across Kerala against the raids carried out in their organisation offices, houses of leaders and other premises by multi-agencies led by the National Investigation Agency for allegedly supporting terror activities in the country.
As the news of the early morning searches broke out, PFI workers took out marches to the places where the raids were carried out and raised slogans against the Centre and its investigating agencies. However, central forces were already deployed in all such places as part of strengthening the security.
A PFI source here said protests marches were carried out in almost all districts including Thiruvananthapuram, Kollam, Kottayam, Ernakulam and Thrissur.
''The searches were mainly carried out in the offices of the state and district committees and the houses of its office-bearers. Though initially we thought the searches were conducted by the Enforcement Directorate, it has become clear later that it was by the NIA,'' the source told PTI.
As many as 14 office-bearers of the PFI, including national, state and district leaders, were taken into custody from the state by the central agencies, the source said.
PFI state president C P Mohammed Basheer, national chairman O M A Salam, national secretary Nasaruddin Elamaram and others were among those in custody, the source added.
Senior leader Abdul Sathar alleged in Kozhikode the country-wide raids at the premises of the PFI were the latest example of the state-sponsored terrorism under the BJP-led union government.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/law-order/2187651-nia-raid-pfi-activists-stage-protests-in-kerala | 2022-09-22T06:49:35 | en | 0.984254 |
Mumbai civic body denies nod to both Thackeray and Shinde factions for Dussehra rally at Shivaji Park
- Country:
- India
The Brihanmumbai Municipal Corporation has denied permission to the Uddhav Thackeray-led Shiv Sena as well as Maharashtra Chief Minister Eknath Shinde's faction for holding Dussehra rally at the Shivaji Park here, a top BMC official said on Thursday.
The permission has been denied on the basis of law and order issue raised by Mumbai Police, according to civic officials.
BMC Commissioner Iqbal Singh Chahal told PTI that the civic administration has denied permission to both the Shiv Sena factions for holding a rally at the Shivaji Park on the occasion of Dussehra on October 5. The civic body has sent letters to both the factions conveying about the denial of permission, officials said.
On August 22, Anil Desai of the Thackeray-led Sena had applied to the BMC for permission to hold the rally at the iconic park in central Mumbai.
Later, on August 30, MLA Sada Sarvankar of the Shinde faction had also applied for nod from the civic body's G-North ward for holding the Dussehra rally.
Last week, the Shinde faction got the nod for holding a rally at the MMRDA ground at the Bandra Kurla Complex in Mumbai.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Yakub Memon cannot be glorified, says Maharashtra CM Eknath Shinde over 1993 Mumbai blast convict's grave beautification | https://www.devdiscourse.com/article/law-order/2187652-mumbai-civic-body-denies-nod-to-both-thackeray-and-shinde-factions-for-dussehra-rally-at-shivaji-park | 2022-09-22T06:49:46 | en | 0.928741 |
Hungary PM Orban says EU's Russia sanctions should be scrapped -report
Orban, a harsh critic of EU sanctions on Moscow over its invasion of Ukraine, made the remarks at a closed-door meeting of his party members on Wednesday, before the start of the autumn political season. Magyar Nemzet cited Orban as saying - without giving a source - that the EU sanctions have driven up gas prices and inflation, and if these measures were to be scrapped, gas prices would drop by 50% immediately while inflation would also fall.
- Country:
- Hungary
Hungarian Prime Minister Viktor Orban told his ruling Fidesz party that sanctions against Russia imposed by the European Union should be scrapped, the pro-government daily Magyar Nemzet reported late on Wednesday. Orban, a harsh critic of EU sanctions on Moscow over its invasion of Ukraine, made the remarks at a closed-door meeting of his party members on Wednesday, before the start of the autumn political season.
Magyar Nemzet cited Orban as saying - without giving a source - that the EU sanctions have driven up gas prices and inflation, and if these measures were to be scrapped, gas prices would drop by 50% immediately while inflation would also fall. Without sanctions, Europe could regain strength and could avoid a looming recession, the report quoted Orban as saying, reiterating his earlier stance that the sanctions were hurting Europe more than Russia.
Reuters could not independently verify the comments attributed to Orban. The government spokesman was not immediately reachable for comment. On his Facebook page, Orban posted from the party meeting:
"The Brussels sanctions have pushed Europe into an energy crisis." In July, Orban said the EU had "shot itself in the lungs" with ill-considered economic sanctions on Russia, which, unless rolled back, risked destroying the European economy.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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European Commission proposes euros 5 bln macro-financial assistance loans to Ukraine | https://www.devdiscourse.com/article/law-order/2187654-hungary-pm-orban-says-eus-russia-sanctions-should-be-scrapped--report | 2022-09-22T06:49:54 | en | 0.973172 |
Centre appoints two judicial members in Kerala Administrative Tribunal
The Central government on Wednesday appointed two judicial Members in the Kerala Administrative Tribunal (KAT) for a period of four years.
- Country:
- India
The Central government on Wednesday appointed two judicial Members in the Kerala Administrative Tribunal (KAT) for a period of four years. The Appointments Committee of the Cabinet (ACC), chaired by Prime Minister Narendra Modi, took the decision and approved the appointments against two posts of Judicial Members in KAT.
Justice PV Asha and one other judicial member were appointed for the aforesaid two posts with the pay scale of Rs 2,25,000 (fixed), for a period of four years from the date of their assumption of charge of the post, or till they attain the age of 67 years, whichever is earlier, read an order issued by Ministry of Personnel on Wednesday. "Necessary communication in this regard has been sent to the Department of Personnel & Training," the order read.
Kerala Administrative Tribunal was set up in exercise of the powers conferred by sub-section (2) of Section 4 of the Administrative Tribunals Act 1985, by a notification published by the Government of India. The KAT came into existence with effect from August 26, 2010, with the issuance of a August 25, 2010 dated notification by the Government of India and the appointment of K.Balakrishnan Nair as its Chairman by the President of India. The Government of India also by publishing the notification dated August 25, 2010, in the Gazette of India (Extraordinary) Part II under section 3(i) had declared August 26, 2010, as the "appointed day of" of Kerala Administrative Tribunal within the meaning of Clause (c) of Section 3 of the said Act. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/law-order/2187662-centre-appoints-two-judicial-members-in-kerala-administrative-tribunal | 2022-09-22T06:50:02 | en | 0.973454 |
Married woman kills self over harassment by youth in UP
A 26-year-old married woman allegedly committed suicide over harassment by a youth and his two friends here, police said on Thursday.Puja was found hanging from the ceiling of her room in Janakpur locality on Wednesday, they said.Deputy Superintendent of Police Kuldeep Kumar told reporters that police have registered a case against the main accused Sonu, who was allegedly harassing her for marriage, and his two friends Vijaypal and Rahul who are absconding.
- Country:
- India
A 26-year-old married woman allegedly committed suicide over harassment by a youth and his two friends here, police said on Thursday.
Puja was found hanging from the ceiling of her room in Janakpur locality on Wednesday, they said.
Deputy Superintendent of Police Kuldeep Kumar told reporters that police have registered a case against the main accused Sonu, who was allegedly harassing her for marriage, and his two friends – Vijaypal and Rahul – who are absconding. They have been booked for abetment of suicide and efforts on to nab them, police said. According to the complaint filed by her family, Sonu used to harass the woman for marriage and it continued even after she got married to Deepak this year.
The accused had threatened to kill the woman's mother-in-law and husband if she did not accept his proposal, so she took the extreme step, it said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/law-order/2187663-married-woman-kills-self-over-harassment-by-youth-in-up | 2022-09-22T06:50:10 | en | 0.990897 |
WRAPUP 4-U.N. showdown looms as Ukraine calls for Russia to be stripped of veto rights
The Security Council meeting comes a day after Russian President Vladimir Putin ordered the mobilisation of hundreds of thousands of Russians to fight in Ukraine, moved to annex swaths of Ukrainian territory and threatened to use nuclear weapons. "A crime has been committed against Ukraine, and we demand just punishment," President Volodymyr Zelenskiy told world leaders at the U.N. General Assembly on Wednesday.
Ukraine demanded the United Nations punish Russia for its invasion and strip it of its security council veto as a showdown loomed on Thursday when the U.N. Security Council meets over atrocities committed in Ukraine. The Security Council meeting comes a day after Russian President Vladimir Putin ordered the mobilisation of hundreds of thousands of Russians to fight in Ukraine, moved to annex swaths of Ukrainian territory and threatened to use nuclear weapons.
"A crime has been committed against Ukraine, and we demand just punishment," President Volodymyr Zelenskiy told world leaders at the U.N. General Assembly on Wednesday. Zelenskiy called for a special United Nations tribunal to impose "just punishment" on Russia and for Moscow to be stripped of its Security Council veto.
The council has been unable to take any meaningful action on Ukraine because Russia is a permanent veto-wielding member along with the United States, France, Britain and China. The meeting on Thursday will be at least the 20th time the Security Council has met on Ukraine this year. Russian Foreign Minister Sergei Lavrov will face off his Ukrainian and Western counterparts, including U.S. Secretary of State Antony Blinken, when U.N. Secretary-General Antonio Guterres and International Criminal Court prosecutor Karim Khan brief the 15-member Security Council.
Ukraine, the United States and others have accused Russia of war crimes in Ukraine. Russia denies targeting civilians during what it calls its "special military operation," describing accusations of human rights abuses as a smear campaign. 'EAST-WEST CLASH'
On Wednesday Putin ordered Moscow's first wartime mobilisation since World War Two, with plans to immediately start conscripting some 300,000 troops to fight on the frontline. He cast the Ukraine invasion, that began in February and has left thousands dead, displaced millions and reduced towns to rubble, as a defining East-West clash
Russia's mobilisation may be the riskiest domestic political move of Putin's two decades in power, and followed months of Kremlin promises it would do no such thing and comes at a time when Russia has been facing a string of battlefield failures. Concern over being conscripted saw flights out of Russia quickly sell out, and jailed opposition leader Alexei Navalny called for mass demonstrations against the mobilisation.
Independent protest monitoring group OVD-Info said nearly 1,400 people in 38 Russian cities had been detained in protests by Wednesday evening. Putin ordered the military draft in a televised address in which he also announced moves to annex four Ukrainian provinces and threatened to use nuclear weapons to defend Russia, declaring: "It's not a bluff".
Pro-Russian figures announced referendums for Sept. 23-27 in Luhansk, Donetsk, Kherson and Zaporizhzhia provinces, representing around 15% of Ukrainian territory. U.S. President Joe Biden, in a speech to the U.N. General Assembly, responded: "Again, just today, President Putin has made overt nuclear threats against Europe, in a reckless disregard for the responsibilities of the non-proliferation regime."
Canadian Prime Minister Justin Trudeau condemned Putin's "irresponsible escalation of the war", saying "Putin's behaviour only goes to show that his invasion is failing." European Union foreign ministers agreed on Wednesday to prepare new sanctions on Russia and increase weapons' deliveries to Kyiv.
"It's clear that Putin is trying to destroy Ukraine," EU foreign policy chief Josep Borrell told reporters after ministers met to decide how to respond. Foreign ministers from the Group of Seven (G7) advanced economies confirmed in a meeting in New York on Wednesday their cooperation in extending support for Ukraine, Japanese Foreign Minister Yoshimasa Hayashi said.
PRISON SWAP Russia and Ukraine carried out an unexpected prisoner swap on Wednesday, the largest since the war began and involving almost 300 people, including 10 foreigners and the commanders who led a prolonged Ukrainian defence of Mariupol earlier this year.
The foreigners released included two Britons and a Moroccan who had been sentenced to death in June after being captured fighting for Ukraine. Also freed in the deal brokered by Saudi Arabia, according to a Saudi ministry, were three other Britons, two Americans, a Croatian, and a Swedish national. The released Ukrainians had been captured after a long battle for the port city of Mariupol earlier this year and included top military commanders, said Andriy Yermak, the head of Zelenskiy's office.
Several Western military experts said drafting hundreds of thousands of new troops would take months, do little to slow Russia's losses, and could even make matters worse by drawing resources away from the battlefield to train and equip recruits. In Moscow's first update on casualty numbers in almost six months, Russia's Defence Minister Sergei Shoigu said 5,937 Russian soldiers had been killed since the start of the conflict.
The war has so far appeared to enjoy popular support in Russia where independent media have all been shut down and public criticism of the "special military operation" is banned. But for many ordinary Russians, especially in the urban middle classes, the prospect of being sent to fight would be the first hint of the war affecting them personally.
On the Moscow metro, men could be seen studying call-up papers. "You always feel worried at moments like these. Because you have a wife and kids and you think about it," one resident told Reuters.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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U.N., Moscow discuss Russian grain, fertilizer exports | https://www.devdiscourse.com/article/law-order/2187669-wrapup-4-un-showdown-looms-as-ukraine-calls-for-russia-to-be-stripped-of-veto-rights | 2022-09-22T06:50:18 | en | 0.954815 |
If you are looking for a premium smartphone, then this might be the best time of the year to buy one. With Amazon’s Great Indian Festival and Flipkart’s Big Billion Days sales starting in less than 24 hours, here are some of the best phones you can buy for under Rs 55,000.
Launched in August this year, the OnePlus 10T is powered by the Snapdragon 8+ Gen 1 and features a 6.7-inch 120Hz HDR10+ AMOLED screen. Running on OxygenOS 12.1 based on Android 12 out of the box, it has a triple rear camera setup with a 50MP primary sensor, 8MP ultrawide lens and 2MP macro sensor.
The OnePlus 10T is backed by a 4,800mAh battery that supports 150W charging and is currently available on Amazon. The base variant offering 8GB/128GB is priced at Rs 49,999 whereas the 12GB/256GB version can be bought for Rs 54,999. If you can spend Rs 1,000 extra, you can go for the 16GB/256GB version that costs Rs 55,999.
The Samsung Galaxy S22 is powered by the Snapdragon 8 Gen 1 chipset and sports a 6.1-inch 120Hz HDR10+ AMOLED display. It runs on One UI 4.1.1 based on Android 12 out of the box and has a triple camera setup that comprises a 50MP main sensor, 10MP telephoto lens and a 12MP ultrawide lens.
The Galaxy S22 has a 3,700mAh battery that supports 25 fast charging. Available on Amazon, the 8GB/128GB version is priced at Rs 52,999.
Launched in September last year, the iPhone 13 is powered by Apple’s A15 Bionic chipset, which can be also found on the iPhone 14 and iPhone 14 Plus. Running on iOS 15 out of the box, it has a 6.1-inch Super Retina XDR HDR10 OLED screen.
The iPhone 13 has a dual rear camera setup with a 12MP primary sensor and a 12MP ultrawide lens. It has a 3,240mAh battery that supports 15W MagSafe fast wireless charging. The base variant of the phone offering 128GB of internal storage is currently available on Flipkart for Rs 54,990.
The Xiaomi 12 Pro is powered by the Snapdragon 8 Gen 1 chipset and features a 6.73-inch 120Hz HDR10+ AMOLED display. Running on MIUI 13 based on Android 12 out of the box, the phone has a triple camera setup that consists of a 50MP primary camera, 50MP telephoto lens and a 50MP ultrawide sensor.
It has a 4,600mAh battery that supports 120W fast charging. The Xiaomi 12 Pro 8GB/256GB version is available on Amazon and can be bought for Rs 54,999
Launched earlier this month, the Motorola Edge 30 Ultra is powered by the Snapdragon 8+ Gen 1 chipset and has a 6.67-inch 144Hz HDR10+ OLED screen. It runs on Android out of the box and is the first phone to offer a 200MP camera which is backed by a 12MP telephoto lens and a 50MP ultrawide sensor.
The phone is backed by a 4,610mAh battery that supports 125W fast charging. You can buy the Motorola Edge 30 Ultra from Flipkart for Rs 54,999. | https://indianexpress.com/article/technology/mobile-tabs/amazon-great-indian-festival-flipkart-big-billion-days-sales-smartphones-to-look-out-for-under-rs-55000-8165623/ | 2022-09-22T06:50:24 | en | 0.922475 |
Terrorism is a global scourge, must be fought and terrorist safe havens eliminated: IBSA
- Country:
- United States
Terrorism is a global scourge that must be fought and terrorist safe havens eliminated in every part of the world, India and other members of the IBSA grouping have said, reiterating their resolve to step up joint efforts for the expeditious adoption of the Comprehensive Convention on International Terrorism in the UNGA.
The IBSA (India, Brazil, South Africa) has emerged as a key tripartite grouping for the promotion of cooperation in a range of areas.
External Affairs Minister S Jaishankar on Wednesday hosted the 10th India-Brazil-South Africa (IBSA) Trilateral Ministerial Commission meeting and reviewed the IBSA process and recognised its activities.
Brazil's Minister of Foreign Affairs Carlos Alberto Franco Franca and Dr. Joe Phaahla, Minister of Health of the Republic of South Africa led their respective delegations.
''The Ministers deplored the continued terrorist attacks across the world. They condemned terrorism in all its forms and manifestations wherever committed and by whomsoever. They concurred that terrorism is a global scourge that must be fought and terrorist safe havens eliminated in every part of the world. They reaffirmed their solidarity and resolved in the fight against terrorism,'' according to a joint statement issued after the 10th IBSA Trilateral Ministerial Commission Meeting.
''The ministers also called upon the international community to establish a genuinely broad international counter-terrorism framework in accordance with the principles of international law and support the United Nations' central coordinating role in international counter-terrorism cooperation, the statement said.
The ministers reiterated their resolve to step up joint efforts for the expeditious adoption of the Comprehensive Convention on International Terrorism in the UN General Assembly, it added.
India proposed a draft document on the Comprehensive Convention on International Terrorism (CCIT) at the UN in 1986 but it has not been implemented yet as there is no unanimity on the definition of terrorism among the member states.
Wide-range of topics were discussed during Wednesday's meeting, including cooperation in multilateral organisations, South-South cooperation, UNSC Reform, 2030 Agenda & Sustainable Development Goals, Climate Change, countering terrorism, financing for development, WTO, and G20, among others.
They also held discussions on regional issues such as the African Union, the Middle East Peace Process, and the situation in Ukraine.
''The ministers looked forward to further deepening counter-terrorism cooperation and reaffirmed the sole authority of the UN Security Council for imposing sanctions and called for urgent reform of the working methods of UN Security Council Sanctions Committees to ensure their effectiveness, responsiveness and transparency while avoiding politicisation and double standards of any of their proceedings including listing proposals objectively on evidence-based criteria, the statement said.
They also agreed to enhance IBSA cooperation on security issues, including counter-terrorism and transnational crime.
IBSA exemplifies the spirit of South-South cooperation. The IBSA Fund is a special feature of the IBSA collaboration. It has since its inception, allocated over USD 44 million, supporting 39 South-South cooperation development projects in 35 partner countries with the majority being Least Developed Countries.
India is the incumbent IBSA Chair and will be hosting the 6th IBSA Summit on the sidelines of the G20 Summit in November 2022.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- UNGA
- Brazil
- Republic of South Africa | https://www.devdiscourse.com/article/law-order/2187671-terrorism-is-a-global-scourge-must-be-fought-and-terrorist-safe-havens-eliminated-ibsa | 2022-09-22T06:50:26 | en | 0.927017 |
NASA successfully conducted tanking demonstration tests for its Artemis 1 mission on September 21 but during the test, it once again faced an issue that has been plaguing the mission: a liquid hydrogen leak. The second launch attempt had to be scrubbed because a liquid hydrogen leak appeared multiple times. If this fuel is so difficult to work with, why has it become the rocket fuel of choice for space expeditions? Let’s find out.
Liquid hydrogen and liquid oxygen are both cryogenic gases, meaning that they can only be liquified at extremely low temperatures. Due to this, the fuel poses enormous technical challenges. Liquid hydrogen must be stored at about minus 217 degrees celsius and should be handled with extreme care.
The tanks of rockets fuelled with liquid hydrogen must be insulated from all sources of heat, including the exhaust from the rocket’s engine and air friction during flight. But despite these challenges, Hydrogen offers some inimitable advantages.
It is the element with the lowest molecular weight amongst all known substances and burns very intensely, at higher than 2,600 degrees Celsius. When combined with liquid oxygen, liquid hydrogen yields the highest specific impulse (or efficiency) with respect to the amount of propellant consumed.
According to NASA, one of the first and most important projects that tested using liquid hydrogen as fuel was conducted by the United States Air Force between 1956 and 1958. Even though very few people were aware of it at the time, and even now, the Air Force spent over a hundred million dollars on the project. That is more than a quarter billion in today’s dollars.
The test project was codenamed Suntan and it was an effort to develop a hydrogen-fueled aeroplane that was aimed at being a successor to the Lockheed U2, which was the spy plane of choice for the Air Force at the time. Even though the project was cancelled before completion, it led to the development of the first rocket engine that flew using hydrogen. | https://indianexpress.com/article/technology/science/nasa-artemis-1-why-liquid-hydrogen-became-fuel-of-choice-for-space-expeditions-8165894/ | 2022-09-22T06:50:30 | en | 0.973222 |
Shinde faction MLA moves Bombay HC asking it not to hear Uddhav-led Shiv Sena's plea for Dussehra rally nod
- Country:
- India
MLA Sada Sarvankar, of the Eknath Shinde faction of the Shiv Sena, filed an application in the Bombay High Court on Thursday, seeking the court to not hear or decide the Uddhav Thackeray-led Shiv Sena's petition for permission to hold their annual Dussehra rally at the Shivaji Park in Mumbai. Sarvankar said if the HC passes any order on the issue, then it would cause impediment on the ongoing dispute on who represents the ''real Shiv Sena''.
The application is likely to be mentioned on Thursday before a division bench of Justices R D Dhanuka and Kamal Khata, which is scheduled to hear the petition filed by Thackeray-led Shiv Sena and its secretary Anil Desai on Wednesday seeking permission to hold the Dussehra rally at the Shivaji Park on October 5.
In his application, Sarvankar, the MLA from Dadar in Mumbai, said he belongs to Maharashtra Chief Minister Eknath Shinde's faction, who is the ''Mukyaneta of Shiv Sena''.
He claimed the petition filed by the Thackeray-led Shiv Sena is ''misleading and misrepresentation'' (of facts) as they do not belong to the real Shiv Sena political party. ''As on date, there exists a dispute on who represents the real Shiv Sena and the issue is pending before the Election Commission of India and also the Supreme Court,'' the application said.
Under the garb of the present petition, the petitioners (Thackeray-led Shiv Sena) were trying to lay claim on the Shiv Sena, it said.
Sarvankar said on August 30 he had also filed an application to the Mumbai civic body seeking permission to hold the Shiv Sena's annual Dussehra rally at the iconic Shivaji Park in central Mumbai.
He claimed the majority support from the Shiv Sena is for Eknath Shinde, and Uddhav Thackeray has no support within the party.
''In the past, this applicant (Sarvankar) was the one who used to file application to the BMC seeking permission to hold the rally at Shivaji Park,'' Sarvankar said in the plea. It sought the HC to stay the hearing on the petition filed by Thackeray led Sena till the ECI and the Supreme Court hear and finally decide on the dispute. In a related development, Brihanmumbai Municipal Commissioner Iqbal Singh Chahal told PTI on Thursday that the civic administration has denied permission to both the Shiv Sena factions for holding the rally at the Shivaji Park.
The permission has been denied on the basis of law and order issue raised by Mumbai Police, according to civic officials.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Yakub Memon grave 'beautification' kicks up row, BJP, Uddhav-led Sena trade barbs; Mumbai police order probe | https://www.devdiscourse.com/article/law-order/2187674-shinde-faction-mla-moves-bombay-hc-asking-it-not-to-hear-uddhav-led-shiv-senas-plea-for-dussehra-rally-nod | 2022-09-22T06:50:34 | en | 0.941361 |
Finland's border guard says traffic on border with Russia increasing
(Switches dateline to HELSINKI, adds detail) HELSINKI, Sept 22 (Reuters) - Traffic arriving at Finland's eastern border with Russia has "intensified" during the night, the Finnish Border Guard said early on Thursday, while adding that the situation was under control.
- Country:
- Finland
Traffic arriving at Finland's eastern border with Russia has "intensified" during the night, the Finnish Border Guard said early on Thursday while adding that the situation was under control. Finland is closely monitoring the situation in neighboring Russia following President Vladimir Putin's order of military mobilization, Finland's defense minister Antti Kaikkonen said on Wednesday.
Wednesday's number of people crossing the border was, however, lower than during the weekend, said the Finnish border guard's head of international affairs Matti Pitkaniitty. He said 4,824 Russians arrived in Finland via the eastern border on Wednesday, up from the 3,133 a week earlier.
Border guards were ready at nine checkpoints, Pitkaniitty told Reuters.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Baltic nations to restrict entry of Russians, hindering access to EU
Finland starts two backup power plants to prevent blackouts
Finland starts two backup power plants to prevent blackouts
Finland starts two backup power plants to prevent blackouts | https://www.devdiscourse.com/article/law-order/2187676-finlands-border-guard-says-traffic-on-border-with-russia-increasing | 2022-09-22T06:50:42 | en | 0.946496 |
Hungary PM Orban says EU's Russia sanctions should be scrapped
Hungarian Prime Minister Viktor Orban told his ruling Fidesz party that sanctions against Russia imposed by the European Union should be scrapped, the pro-government daily Magyar Nemzet reported late on Wednesday. Government spokesman Zoltan Kovacs confirmed the comments in an emailed reply to Reuters.
- Country:
- Hungary
Hungarian Prime Minister Viktor Orban told his ruling Fidesz party that sanctions against Russia imposed by the European Union should be scrapped, the pro-government daily Magyar Nemzet reported late on Wednesday.
Government spokesman Zoltan Kovacs confirmed the comments in an emailed reply to Reuters. Orban, a harsh critic of EU sanctions on Moscow over its invasion of Ukraine, made the remarks at a closed-door meeting of his party members on Wednesday, before the start of the autumn political season.
Magyar Nemzet cited Orban as saying - without giving a source - that the EU sanctions have driven up gas prices and inflation, and if these measures were to be scrapped, gas prices would drop by 50% immediately while inflation would also fall. Without sanctions, Europe could regain strength and could avoid a looming recession, the report quoted Orban as saying, reiterating his earlier stance that the sanctions were hurting Europe more than Russia.
On his Facebook page, Orban posted from the party meeting: "The Brussels sanctions have pushed Europe into an energy crisis."
In July, Orban said the EU had "shot itself in the lungs" with ill-considered economic sanctions on Russia, which, unless rolled back, risked destroying the European economy.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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European Commission proposes euros 5 bln macro-financial assistance loans to Ukraine | https://www.devdiscourse.com/article/law-order/2187679-hungary-pm-orban-says-eus-russia-sanctions-should-be-scrapped | 2022-09-22T06:50:50 | en | 0.966282 |
Amit Shah holds meet; discusses action against PFI, terror suspects
Union Home Minister Amit Shah on Thursday held a meeting wherein the ongoing searches at premises linked to the Popular Front of India and action against terror suspects, were believed to have been discussed, officials said.
National Security Advisor Ajit Doval, Union Home Secretary Ajay Bhalla, Director General of National Investigation Agency (NIA) Dinkar Gupta were among the top officials who attended the high-level meeting.
Shah is said to have took stock of the action taken against the terror suspects and activists of the Popular Front of India (PFI) across the country, an official said.
In near simultaneous raids across the length and breadth of the country, a multi-agency operation spearheaded by the NIA on Thursday led to the arrest of 106 activists of the PFI in 11 states for allegedly supporting terror activities in the country.
The maximum number of arrests were made in Kerala (22) followed by Maharashtra and Karnataka (20 each), Tamil Nadu (10), Assam (9), Uttar Pradesh (8), Andhra Pradesh (5), Madhya Pradesh (4), Puducherry and Delhi (3 each) and Rajasthan (2). According to the officials, the arrests were made during the raids which have been termed as the ''largest-ever investigation process till date''.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Nitish Kumar's Delhi visit aimed at exploring policy-oriented political alternative, says RJD leader
Two killed in domestic dispute in East Delhi's Guru Angad Nagar
No rains likely for next 5 days in Delhi
Delhi vs Centre: SC's Constitution bench to hear on Sep 27 plea relating to split verdict on control of services | https://www.devdiscourse.com/article/law-order/2187686-amit-shah-holds-meet-discusses-action-against-pfi-terror-suspects | 2022-09-22T06:50:58 | en | 0.959201 |
Mumbai civic body denies nod to both Thackeray and Shinde factions for Dussehra rally at Shivaji Park
- Country:
- India
The Brihanmumbai Municipal Corporation has denied permission to the Uddhav Thackeray-led Shiv Sena as well as Maharashtra Chief Minister Eknath Shinde's faction for holding Dussehra rally at the iconic Shivaji Park here on October 5, a top BMC official said on Thursday.
The permission has been denied on the basis of law and order concerns raised by Mumbai Police, according to civic officials.
Notably, the Shinde faction last week got the nod for holding a rally at the MMRDA ground at the Bandra Kurla Complex (BKC) in Mumbai.
BMC Commissioner Iqbal Singh Chahal told PTI that the civic administration has denied permission to both the Shiv Sena factions for holding a rally at the Shivaji Park on the occasion of Dussehra on October 5.
According to the BMC, the Shivaji Park police in their feedback said the permission for rally to any of the two factions could lead to a ''serious problem of law and order in the sensitive Shivaji Park area''. The civic body has sent letters to both the factions conveying about the denial of permission, officials said.
On August 22, Anil Desai of the Thackeray-led Sena had applied to the BMC for permission to hold the rally at the Shivaji park in central Mumbai.
Later, on August 30, MLA Sada Sarvankar of the Shinde faction had also applied for nod from the civic body's G-North ward for holding the Dussehra rally at the park. Deputy municipal commissioner of BMC's zone-2 denied permission to both the Thackeray and Shinde factions based on the Shivaji Park police station's concerns about law and order.
''While both the opponent applicants have applied for permission to hold the Dussehra rally at the Shivaji Maharaj Park Maidan, if any one of the applicants is granted permission to hold the rally, this may create a serious problem of law and order in the sensitive area of Shivaji Park,'' as per the police remarks in the BMC's letter sent to both the factions.
Meanwhile, MLA Sada Sarvankar filed an application in the Bombay High Court on Thursday, seeking the court to not hear or decide the Thackeray-led Sena's petition for permission to hold their annual Dussehra rally at the Shivaji Park.
Sarvankar said if the HC passes any order on the issue, then it would cause impediment on the ongoing dispute on who represents the ''real Shiv Sena''.
The application is likely to be mentioned on Thursday before a division bench of Justices R D Dhanuka and Kamal Khata, which is scheduled to hear the petition filed by Thackeray-led Shiv Sena and its secretary Anil Desai on Wednesday.
In his application, Sarvankar, the MLA from Dadar in Mumbai, said he belongs to Maharashtra Chief Minister Eknath Shinde's faction, who is the ''Mukyaneta of Shiv Sena''
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Yakub Memon grave 'beautification' kicks up row, BJP, Uddhav-led Sena trade barbs; Mumbai police order probe | https://www.devdiscourse.com/article/law-order/2187688-mumbai-civic-body-denies-nod-to-both-thackeray-and-shinde-factions-for-dussehra-rally-at-shivaji-park | 2022-09-22T06:51:05 | en | 0.939965 |
Arunachal Pradesh Cabinet increases excise duty on liquor by 15 per cent
Indian-made foreign liquor (IMFL) in Arunachal Pradesh is set to become costlier, as the state cabinet has decided to increase the existing rates of excise duty by 15 percent on all types of hard liquor (IMFL and bottled in original products) to be paid before the import or removal from the manufacturer.
The rates of excise duty in respect of military or paramilitary units shall be 50 percent of the rates of excise duty fixed to be paid before the import or removal from the manufacturer, the cabinet headed by Chief Minister Pema Khandu decided on Wednesday, a communique from the CMO said.
Among a slew of decisions, the cabinet also reviewed the ongoing exercise of resolving the Assam-Arunachal Pradesh boundary and decided to amicably resolve the matter at the earliest.
The cabinet approved the proposal of taking over the DBT-APSCS&T Centre of Excellence for Bioresources and Sustainable Development (DBT-APSCS&T Centre of Excellence for BRSD) established under the aegis of the Arunachal Pradesh State Council for Science and Technology at Kimin by the state government along with infrastructure and existing manpower with effect from October 1 this year.
This is for the furtherance of biotechnological research and sustainable development of bioresources in the state.
The Centre of Excellence has been established with financial assistance and support from the department of biotechnology under the union ministry of science and technology on ''as is where is basis''.
The council has taken over for five years during which time the center will work towards self-sustenance.
The cabinet was further briefed on four major agendas on the 28 action points, cent percent of saturation of 13 centrally sponsored schemes (CSS), Mission Amrit Sarovar, and PM Gati Shakti.
The 28 action points covered issues such as the contribution of the state in making India a $5 trillion economy, ease of living, and ease of doing business focusing on DBT integration with Aadhaar enablement, sound GST administration, and reducing compliance burden by repealing old laws.
A strong emphasis was given to the use of drone technology and improving the state's intelligence.
The cabinet was also briefed about the implementation status of NEP 2020 with a special focus on the skill development of the youth. The use of social media effectively for promoting and spreading awareness about various government schemes and programs was also briefed.
A briefing was also done about the saturation status of 13 centrally sponsored schemes including Prime Minister Awas Yojana (Urban & Rural), Jal Jeevan Mission, PM Jan Arogya Yojana, PM Gram Sadak Yojana, PM Kisan Samman Nidhi, PM Jeevan Jyoti Beema Yojana, SVAMITVA, Bharat Net II, Soil Health Card, Kisan Credit Card, Atal Pension Yojana, and SVANidhi.
The cabinet reviewed the progress of these schemes month-wise and district-wise according to the set saturation targets to ensure the timely saturation of these schemes.
The cabinet was informed about the status of Mission Amrit Sarovar, a new initiative launched by the Prime Minister to conserve water for the future. The mission is aimed at developing and rejuvenating 75 water bodies in each district of the country as part of the celebrations of Azadi ka Amrit Mahotsav.
A briefing was also done on PM Gati Shakti in line with the national master plan to lay the foundation of overall infrastructure and an integrated development path of the economy.
Decisions regarding projects related to GATI shakti, institutional arrangements like Constitution of Empowered Group of Secretaries, Network Planning Group and Technical Support Unit, framing of the State Logistics Policy, integration and authentication of data layers among various ministries and sectors like railways, roadways, ports, waterways, airports, mass transport, and logistics infrastructure were communicated to the Cabinet.
The cabinet was also briefed on the leak of question paper for the assistant engineer (civil) examination conducted by the Arunachal Pradesh Public Service Commission. It was decided to constitute a high-level committee to inquire into the entire episode and submit a report within 15 days. | https://www.devdiscourse.com/article/law-order/2187690-arunachal-pradesh-cabinet-increases-excise-duty-on-liquor-by-15-per-cent | 2022-09-22T06:51:13 | en | 0.952698 |
NIA raids PFI activists across TN
At Karumbukadai in Coimbatore, a protest was held against the NIA when the officials picked up a functionary.
- Country:
- India
NIA sleuths conducted raids across Tamil Nadu on Thursday against Popular Front of India (PFI) activists allegedly involved in terror related activities, including funding.
National Investigation Agency officials held searches at premises linked to PFI in districts including Chennai, Theni, Madurai, Coimbatore and Ramanathapuram and picked up a number of activists for questioning, police sources said.
In near simultaneous raids across the length and breadth of the country, NIA-led multi-agency operations saw the arrest of 106 activists of the PFI in 11 states, including Tamil Nadu, for allegedly supporting terror activities in the country.
At Cumbum in Theni district, a couple of locals who agitated against the apprehension of a PFI office-bearer by the NIA were detained by the police. At Karumbukadai in Coimbatore, a protest was held against the NIA when the officials picked up a functionary. Police detained the protesters.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- India
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- Madurai
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- Cumbum
- Tamil Nadu
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Youth have responsibility towards strengthening democratic institutions: Om Birla | https://www.devdiscourse.com/article/law-order/2187692-nia-raids-pfi-activists-across-tn | 2022-09-22T06:51:21 | en | 0.948223 |
China’s ex-justice minister sentenced to death with 2-year reprieve for corruption
- Country:
- China
China's former Justice Minister and top public security official, Fu Zhenghua, was on Thursday sentenced to death with a two-year reprieve for corruption and abuse of power, official media here reported.
Fu took advantage of his official authority or position to seek gains by helping others with their business operations, official positions, and legal cases, according to prosecutors.
Fu, a former senior official of China's top political advisory body, the China People's Political Consultative Conference (CPPCC), accepted bribes and abused his power, state-run People's Daily Online cited the Intermediate People's court in Changchun of Jilin province as saying in its verdict on Thursday.
Fu, who previously had also served as head of the Beijing Municipal Public Security Bureau, vice minister of public security, and the minister of justice, the report said, was accused of accepting money and gifts worth 117 million yuan (about USD 17.3 million) either directly or through his relatives.
Over a million officials of the ruling Communist Party of China (CPC) and dozens of top officials of the Chinese military were punished in the sweeping anti-corruption campaign carried out by President Xi Jinping ever since he came to power at the end of 2012.
Critics say the anti-graft campaign has helped him to firm up his power base.
Xi, 69, who heads the CPC, the military, besides the Presidency is due to complete his ten-year tenure later this year.
He is widely expected to be endorsed for a record third term by the CPC's once-in-a-five year Congress to be held here on October 16.
If endorsed, he will be the first CPC leader after founder Mao Zedong to continue in power beyond two terms and perhaps for life.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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On COVID alert, more Chinese cities advise residents to stay put for holiday | https://www.devdiscourse.com/article/politics/2187635-chinas-ex-justice-minister-sentenced-to-death-with-2-year-reprieve-for-corruption | 2022-09-22T06:51:29 | en | 0.97679 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/milwaukee-bucks/articles/40848104 | 2022-09-22T06:51:30 | en | 0.738227 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/milwaukee-bucks/articles/40848662 | 2022-09-22T06:51:37 | en | 0.738227 |
Cong's central election authority issues notification for AICC president polls
Jitendra Prasada had lost to Sonia Gandhi in 2000 and prior to that Sitaram Kesri had defeated Sharad Pawar and Rajesh Pilot in 1997.PTI ASK DV DV
- Country:
- India
The Congress' central election authority on Thursday issued a notification for the AICC president polls, setting the ball rolling for electing the successor to the longest-serving party chief Sonia Gandhi.
In the notification issued, Chairman of the Central Election Authority Madhusudan Mistry, under the power vested in him by provision of Article XVIII of the Constitution of the Indian National Congress, announced the election of the president of the party to be held as per the given schedule.
According to the notification, the process for filing nominations for the election will be held from September 24 to 30.
The date of scrutiny of the nomination papers would be on October 1, while the last date of withdrawal of nominations would be October 8. The election, if there is more than one candidate, will take place on October 17. The counting of votes and the declaration of results would be on October 19.
''Now therefore, I hereby call upon the delegates of the Congress Party to elect the President of Indian National Congress in accordance with the provision made under Article XVIII,'' Mistry said in the notification.
The nomination form will be available at the AICC Office, 24 Akbar Road, New Delhi, according to the notification.
The race for the Congress president's post hotted up on Wednesday with Rajasthan Chief Minister Ashok Gehlot giving a clear indication that he could enter the poll fray and Shashi Tharoor meeting the party's poll panel chief to enquire about the nomination formalities.
After over two decades, the Congress is set to see a contest for the post of party chief.
The upcoming polls would certainly be historic as the new president would replace Sonia Gandhi, the longest-serving party president who has been at the helm since 1998, barring the two years between 2017 and 2019 when Rahul Gandhi took over.
The party last saw a contest for the post in November 2000. Jitendra Prasada had lost to Sonia Gandhi in 2000 and prior to that Sitaram Kesri had defeated Sharad Pawar and Rajesh Pilot in 1997.PTI ASK DV DV
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Delhi vs Centre: SC's Constitution bench to hear on Sep 27 plea relating to split verdict on control of services | https://www.devdiscourse.com/article/politics/2187638-congs-central-election-authority-issues-notification-for-aicc-president-polls | 2022-09-22T06:51:37 | en | 0.960658 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/milwaukee-bucks/articles/40849042 | 2022-09-22T06:51:43 | en | 0.738227 |
Dangerous hybridisation of hate against Hindus globally, says US-based research organisation
- Country:
- United States
There is now a dangerous hybridisation of hate against the Hindu community, a US-based scientific research organisation has said, citing the increasing attacks on them in this country and various parts of the world.
“We've seen that there's been a growth of over 1,000 per cent and anti-Hindu slurs are stoking fears of replacement mixing with anti-semitic memes, with other forms of narratives, and hatred shared by white supremacists, by Islamists, and others, and creating a toxic atmosphere of hostility,” said Joel Finkelstein, chief science officer and co-founder of the Network Contagion Research Institute.
Presenting key points of his latest research at the “Building Representation and Education on Hindu American Lived Experiences” organised by the Coalition of Hindus of North America (CoHNA) at the US Capitol, Finkelstein said that in recent months vandalisation against Hindu temples had increased in the US, and in Canada, it is going through the roof.
''And now we see what amounts to a low-grade pogrom occurring in England,” Finkelstein told members of the Hindu American community.
He was referring to the ongoing violence against Hindus in the United Kingdom.
Based out of New Jersey, the Network Contagion Research Institute (NCRI), a nonprofit organisation, studies misinformation, deception manipulation, and hate across social media channels.
Observing that Hinduphobia is one of the most complicated hatreds, Finkelstein said there is now a dangerous hybridisation of hate against the community.
Responding to a question, he said that there is a likelihood of escalation of hatred against the Hindu community in the world.
Congressman Hank Johnson, the only Buddhist lawmaker in the current Congress, also expressed concerns over the recent increase in hate against Hindus in the US.
“We must stand together against hatred towards our religion, race or background, but unfortunately, enough hate-related incidents, especially against Hindu Americans, are here in the United States of America as well as other groups,” Johnson said.
Nikunj Trivedi from CoHNA said the contributions of Hindu Americans to American society have been profound over the years.
“We come from diverse … we're not just scientists or some nerds sitting in some classroom. We have different types of people you have from actors and actresses to Congressmen and CEOs,” he said.
Responding to a question, Finkelstein said there had been a rug over this problem.
“There is a huge issue when it comes to Hinduphobia. It is very difficult to talk about it in the Hindu community,” he said.
Over the past year, CoHNA has held three congressional briefings on various issues impacting the Hindu-American community.
“Hindus are a vibrant and diverse community that has contributed significantly to American progress, well-being, and democratic values, whether during the COVID-19 pandemic or in the day-to-day things that make the US a great nation,” CoHNA said.
“Yet, our community is often the target of bigotry and hate, as witnessed in the recent attack on a local temple in New York and the twice desecration of the Gandhi statue on temple premises, two separate hate incidents on Hindu men and women in California and Texas, or in the growing online hatred and academic bias against Hindus.
In fact, according to the 2020 FBI data, hate crimes against Indian Americans are up 500 per cent,” it said.
Hindu community leaders and organisations from all over the US on Wednesday descended upon Washington DC to engage with their political representatives and discuss various matters impacting the community.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Network Contagion Research Institute
- Texas
- Hindu-American
- Islamists
- Washington DC
- Johnson
- Hindus
- Hank Johnson
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Tamil Nadu: Rahul Gandhi pays tribute to father Rajiv Gandhi ahead of 'Bharat Jodi Yatra'
Tamil Nadu: Rahul Gandhi pays tribute to father Rajiv Gandhi ahead of 'Bharat Jodo Yatra'
Ahead of yatra, Rahul Gandhi offers floral tributes at his father's memorial in Sriperumbudur | https://www.devdiscourse.com/article/politics/2187639-dangerous-hybridisation-of-hate-against-hindus-globally-says-us-based-research-organisation | 2022-09-22T06:51:44 | en | 0.952366 |
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Australia mourns Queen Elizabeth from home of 'world's oldest continuous culture'
Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese saying the greatest tribute the nation could offer was not a statue but "a renewed embrace of service to the community". With the day declared a national holiday, a memorial ceremony attended by 600 dignitaries was held at Parliament House in Canberra for Queen Elizabeth, who as Australia's head of state toured the country 16 times over seven decades.
- Country:
- Australia
Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese saying the greatest tribute the nation could offer was not a statue but "a renewed embrace of service to the community".
With the day declared a national holiday, a memorial ceremony attended by 600 dignitaries was held at Parliament House in Canberra for Queen Elizabeth, who as Australia's head of state toured the country 16 times over seven decades. The ceremony was opened by a First Nations Elder, Aunty Violent Sheridan, who made a traditional Welcome to Country, and remembered Queen Elizabeth as a mother and grandmother.
The event took place before protests organised by indigenous groups against the monarchy and the impact of Britain's colonisation on First Nations people, scheduled to take place in three cities in the afternoon. Albanese, who returned to Australia a day earlier after attending Queen Elizabeth's funeral in London, noted her memory was being honoured "on a continent home to the world's oldest continuous culture".
Albanese supports Australia becoming a republic, but has previously said his centre-left Labor government would prioritise recognising First Nations people in the constitution, which, like any move to a republic, requires a national referendum. A referendum for a republic failed in 1999, and recent polls show opinion is divided. In a speech at the memorial ceremony he said Australia had undergone a transformation during Queen Elizabeth's reign. When she had first toured, Britain was Australia's biggest trading partner and top source of migration, he said. "That Australia, of 1954, where seven million people - 70% of the population - turned out to welcome the first sovereign to visit these shores was, in virtually every respect, a different nation in a different world," he said.
Queen Elizabeth had taken pride in Australia's progress and "stood with us", he said, and Australia's "affection held strong". "Perhaps the greatest tribute we can offer her family and her memory is not a marble statue or a metal plaque. It is a renewed embrace of service to community," he said.
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Australia mourns Queen Elizabeth from home of 'world's oldest continuous culture'
Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese saying the greatest tribute the nation could offer was not a statue but "a renewed embrace of service to the community". With the day declared a national holiday, a memorial ceremony attended by 600 dignitaries was held at Parliament House in Canberra for Queen Elizabeth, who died on Sept.
- Country:
- Australia
Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese saying the greatest tribute the nation could offer was not a statue but "a renewed embrace of service to the community".
With the day declared a national holiday, a memorial ceremony attended by 600 dignitaries was held at Parliament House in Canberra for Queen Elizabeth, who died on Sept. 8 after 70 years on the throne. As Australia's head of state she toured the country 16 times during her reign. The ceremony was opened by a First Nations Elder, Aunty Violet Sheridan, who made a traditional Welcome to Country, and remembered Queen Elizabeth as a mother and grandmother.
The event took place before anti-monarchy protests organised by indigenous groups saw hundreds of people gather in the city centres of Sydney and Melbourne to mark the impact of Britain's colonisation on First Nations people. Albanese, who returned to Australia a day earlier after attending Queen Elizabeth's funeral in London, noted her memory was being honoured "on a continent home to the world's oldest continuous culture".
Albanese supports Australia becoming a republic, but has previously said his centre-left Labor government would prioritise recognising First Nations people in the constitution, which, like any move to a republic, requires a national referendum. A referendum for a republic failed in 1999, and recent polls show opinion is divided. In a speech at the memorial ceremony he said Australia had undergone a transformation during Queen Elizabeth's reign. When she had first toured, Britain was Australia's biggest trading partner and top source of migration, he said. "That Australia, of 1954, where seven million people - 70% of the population - turned out to welcome the first sovereign to visit these shores was, in virtually every respect, a different nation in a different world," he said.
Queen Elizabeth had taken pride in Australia's progress and "stood with us", he said, and Australia's "affection held strong". "Perhaps the greatest tribute we can offer her family and her memory is not a marble statue or a metal plaque. It is a renewed embrace of service to community," he said.
In Melbourne, around 600 protesters led by a group called The Warriors of the Aboriginal Resistance, marched from Flinders Street Station to the British consulate, where they rubbed red-painted hands on the wall. "Abolish the monarchy - down with the king!" they chanted outside the consulate building.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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AAP govt in Punjab likely to call assembly session again
The AAP government in Punjab had sought the session to bring a confidence motion, days after it accused the BJP of trying to topple its government.
- Country:
- India
The AAP government in Punjab is likely to call the state assembly session again and the matter will be discussed in the state cabinet here on Thursday. Asked if the state government will call the session again, cabinet minister Kuldip Singh Dhaliwal asserted, “Definitely, everything will happen, the session will be held. It is a government of the people. “You (reporters) will soon come to know when the session will be held,” he told media after participating in the meeting of AAP legislators.
Chief Minister Bhagwant Mann chaired the meeting of AAP legislators at Vidhan Sabha complex on Thursday to discuss the next strategy.
A meeting of the Punjab Cabinet will be held here.
Meanwhile, the AAP legislators began a 'peace march' from Vidhan Sabha complex to the Governor's residence.
In an embarrassment to the AAP government in Punjab, Governor Banwarilal Purohit had on Wednesday thwarted the Bhagwant Mann-led regime's plan to summon a special assembly session to bring a confidence motion.
The Governor withdrew an earlier order calling the special session on Thursday, saying it had sought legal opinion after the Congress and the BJP approached the Raj Bhavan arguing that the House rules did not allow it.
While AAP national convener Arvind Kejriwal and the Punjab chief minister slammed the Governor for not allowing the assembly session, saying it raises a big question on the country's democracy, the opposition parties hailed Purohit for preventing the Mann government from sabotaging the constitutional and legislative practices and procedures. The AAP government in Punjab had sought the session to bring a confidence motion, days after it accused the BJP of trying to topple its government. PTI CHS/SUN SRY
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China's ex-justice minister faces life in jail amid purge of security officials
Fu was deputy head of the Ministry of Public Security before becoming justice minister in 2018, and had led many high-profile investigations and crackdowns including a probe about a decade ago into Zhou Yongkang, a former security czar and the most powerful official in modern China to be convicted of bribery. In July, Fu admitted accepting bribes exceeding 117 million yuan ($16.50 million).
- Country:
- China
Former Chinese Justice Minister Fu Zhenghua, who had led several high-profile investigations into corruption, has been jailed for life for accepting bribes, state media said on Thursday, as a purge of officials intensified ahead of a key Communist Party congress.
Fu, 67, was handed a suspended death sentence that will be commuted to life imprisonment after two years, with no possibility of parole, according to state media. Fu was deputy head of the Ministry of Public Security before becoming justice minister in 2018, and had led many high-profile investigations and crackdowns including a probe about a decade ago into Zhou Yongkang, a former security czar and the most powerful official in modern China to be convicted of bribery.
In July, Fu admitted accepting bribes exceeding 117 million yuan ($16.50 million). Ahead of Fu's court trial in the northeastern city of Changchun, China's anti-graft watchdog determined earlier this year that Fu had also been part of a "political gang" of Sun Lijun - one of the most prominent officials from the security apparatus to be targeted since Zhou's conviction in 2015.
Sun, who was vice minister of public security when probes against him began in 2020, admitted on state television in January that he had colluded with some top law enforcement officials with the aim of personal enrichment. Sun was also accused of not embracing President Xi Jinping's authority.
The influence of Sun, who has yet to receive his sentence, was so pervasive within the party that it had been described by authorities as "poisonous" and Sun himself was like a "cancer" that needed to be eliminated. On Wednesday, three former police chiefs of Shanghai, Chongqing and Shanxi province were sentenced to years in jail - including one for life - for corruption.
Like Fu, they had also been accused of being part of Sun's clique and for being disloyal to Xi. The purges came three weeks ahead of a once-in-five-years congress of the ruling Communist Party where Xi is widely expected to secure a precedent-breaking third term as China's leader. ($1=7.0896 Chinese yuan)
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Odd News Roundup: Don't cook chicken in NyQuil, FDA warns after TikTok challenge
Following is a summary of current odd news briefs.
Don't cook chicken in NyQuil, FDA warns after TikTok challenge
Cooking chicken in cough medicine NyQuil is not only silly and unappetizing but can also be very unsafe, the U.S. Food and Drug Administration said, following the "sleepy chicken" TikTok challenge. A number of videos challenged people to cook chicken in NyQuil, which contains acetaminophen, dextromethorphan and doxylamine, or another similar over-the-counter cough and cold medication, according to the FDA.
(With inputs from agencies.)
- READ MORE ON:
- TikTok
- U.S. Food and Drug Administration
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Science News Roundup: How many ants are crawling on Earth? Scientists say 20 quadrillion; Exclusive-Saudi Arabia buys pair of SpaceX astronaut seats from Axiom -sources and more
Cañada de la Virgen, the modern name of an ancient Otomi ceremonial center, is located near the picturesque mountain town and tourist destination of San Miguel de Allende. Russia is likely to take part in International Space Station until 2028 -RIA Yury Borisov, head of Russia's Roscosmos space agency, said on Wednesday that Russia is highly likely to participate in the International Space Station (ISS) project until 2028, RIA news agency reported.
Following is a summary of current science news briefs.
How many ants are crawling on Earth? Scientists say 20 quadrillion
The world's human population is forecast to surpass 8 billion in the coming months. Compared to ants, that is a mediocre milestone. Researchers have made the most thorough assessment to date of the global population of ants - insects that have colonized almost everywhere on the planet - and the estimated total is a mind-blowing 20 quadrillion of them, or approximately 2.5 million for every human.
Exclusive-Saudi Arabia buys pair of SpaceX astronaut seats from Axiom -sources
Saudi Arabia is planning to launch two astronauts to the International Space Station aboard a space capsule from Elon Musk's SpaceX, becoming the latest Gulf nation to strengthen ties with private U.S. space companies, according to three people familiar with the arrangement. The sources, speaking anonymously to discuss the mission's crew before its formal announcement, said the deal was signed privately earlier this year with Houston's Axiom Space, which arranges and manages private missions to space on U.S. spacecraft for researchers and tourists.
Mexico declares Otomi site first ancient monument in a decade
An ancient Mexican site more than 1,000 years old has been declared the country's first archaeological zone in a decade, antiquities institute INAH announced on Tuesday, despite several years of steep budget cuts for archeological research. Cañada de la Virgen, the modern name of an ancient Otomi ceremonial center, is located near the picturesque mountain town and tourist destination of San Miguel de Allende.
Russia is likely to take part in International Space Station until 2028 -RIA
Yury Borisov, head of Russia's Roscosmos space agency, said on Wednesday that Russia is highly likely to participate in the International Space Station (ISS) project until 2028, the RIA news agency reported. Russia has said it would be ready to extend a deal with the United States to share flights to the ISS beyond 2024 if the first three flights are successful.
Meet Japan's cyborg cockroach, coming to a disaster area near you
If an earthquake strikes in the not-too-distant future and survivors are trapped under tonnes of rubble, the first responders to locate them could be swarms of cyborg cockroaches.
That's a potential application of a recent breakthrough by Japanese researchers who demonstrated the ability to mount "backpacks" of solar cells and electronics on the bugs and control their motion by remote control.
(With inputs from agencies.)
- READ MORE ON:
- Saudi Arabia
- United States
- Earth
- Houston
- Mexican
- U.S.
- Elon Musk's
- Gulf
- Japanese
- International Space
- Russia
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United Airlines threatens to drop JFK service if U.S. does not approve more flights | https://www.devdiscourse.com/article/science-environment/2187598-science-news-roundup-how-many-ants-are-crawling-on-earth-scientists-say-20-quadrillion-exclusive-saudi-arabia-buys-pair-of-spacex-astronaut-se | 2022-09-22T06:52:31 | en | 0.914184 |
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Puerto Rico struggles to reach areas cut off by Fiona
- Country:
- Puerto Rico
Hurricane Fiona left dozens of families stranded across Puerto Rico after smashing roads and bridges, with authorities still struggling to reach people four days after the storm smacked the US territory, causing historic flooding. For now, government officials are working with religious groups, nonprofits and others braving landslides, thick mud and broken asphalt by foot to provide food, water and medicine for people in need, but they are under pressure to clear a path so vehicles can enter isolated areas soon.
Nino Correa, commissioner for Puerto Rico's emergency management agency, estimated that at least six municipalities across the island had areas that were cut off by Fiona, which struck as a Category 1 hurricane and was up to Category 4 power Wednesday as it headed toward Bermuda.
Living in one of those areas is Manuel Veguilla, who has not been able to leave his neighbourhood in the north mountain town of Caguas since Fiona swept in on Sunday.
"We are all isolated," he said, adding that he worries about elderly neighbours including his older brother who does not have the strength for the long walk it takes to reach the closest community.
Veguilla heard that municipal officials might open a pathway on Thursday, but he doubted that would happen because he said large rocks covered a nearby bridge and the 10-foot space beneath it.
Neighbours have shared food and water dropped off by nonprofit groups, and the son of an elderly woman was able to bring back basic supplies by foot on Wednesday, he said.
Veguilla said that in the aftermath of Hurricane Maria, a Category 4 storm that struck five years ago and resulted in nearly 3,000 deaths, he and others used picks and shovels to clear the debris.
But Fiona was different, unleashing huge landslides.
"I cannot throw those rocks over my shoulder," he said.
Like hundreds of thousands of other Puerto Ricans after Fiona, Veguilla had no water or electricity service, but said they there is a natural water source nearby.
Fiona sparked an islandwide blackout when it hit Puerto Rico's southwest region, which already was still trying to recover from a series of strong earthquakes in recent years.
Some 70 per cent of 1.47 million customers were without power three days after the storm amid an extreme heat alert issued by the National Weather Service. Some 40 per cent of customers, or more than half a million, did not have water service.
The US Federal Emergency Management Agency has sent hundreds of additional personnel to help local officials as the federal government approved a major disaster declaration and announced a public health emergency on the island.
Neither local nor federal government officials had provided any damage estimates as Puerto Rico struggles to recover from the storm, which dropped up to 30 inches of rain in some areas. More than 1,000 people remained in shelters.
"Our hearts go out to the people of Puerto Rico who have endured so much suffering over the last couple of years," said Brad Kieserman, vice president of operations and logistics at the Red Cross.
After Puerto Rico, Fiona pummeled the Dominican Republic and then swiped past the Turks and Caicos Islands as it strengthened into a Category 4 storm.
Officials there reported relatively light damage and no deaths, though the eye of the storm passed close to Grand Turk, the small British territory's capital island, on Tuesday.
"God has been good to us and has kept us safe during this period when we could have had a far worse outcome," Deputy Gov. Anya Williams said.
Fiona was forecast to pass near Bermuda early Friday, and then hit easternmost Canada early Saturday, the US National Hurricane Centre said.
The centre said Fiona had maximum sustained winds of 130 mph (215 kph) late on Wednesday. It was centred about 550 miles (885 kilometres) southwest of Bermuda, heading north at 10 mph (17 kph). It was forecast to pass close by Bermuda early Friday.
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Holy Land shipwreck reveals tenacity of ancient traders as empires shifted
The wrecks are more accessible to study than elsewhere in the Mediterranean because the sea here is shallow and the sandy bottom preserves artefacts. A storm might shift the sands and expose a relic, which is what happened with the new discovery at Maagan Michael.
An ancient shipwreck found off the shore of Israel and loaded with cargo from all over the Mediterranean shows that traders from the West still came to port even after the Islamic conquest of the Holy Land, researchers say.
A surprise storm? An inexperienced captain? Whatever the reason, the merchant ship made from fir and walnut trees and carrying containers with delights from far-off lands sank in the shallow waters off what is today the Israeli coastal community of Maagan Michael more than 1,200 years ago. It was around the time the largely Christian Byzantine Empire was losing its grip on this area of the eastern Mediterranean region and Islamic rule was extending its reach.
The shipwreck, dated to the 7th or 8th century AD, is evidence that trade persisted with the rest of the Mediterranean despite the religious divide, said Deborah Cvikel, a nautical archaeologist at the University of Haifa and director of the dig. "The history books, they usually tell us that ... commerce almost stopped. There was no international commerce in the Mediterranean. We had mainly smaller vessels sailing along the coast doing cabotage," she said.
But this no longer seems to be the case. "Here we have a large shipwreck, which we think the original ship was around 25 metres (82 feet) long, and...laden with cargo from all over the Mediterranean."
Artefacts on deck show the ship had docked in Cyprus, Egypt, maybe Turkey and perhaps as far away as the North African coast. The excavation is backed by the Israel Science Foundation, Honor Frost Foundation and the Institute of Nautical Archaeology at Texas A&M University.
SHIP GRAVEYARD IN SHALLOW SEAS The coast of Israel is abundant with ships that sank over the millennia. The wrecks are more accessible to study than elsewhere in the Mediterranean because the sea here is shallow and the sandy bottom preserves artefacts.
A storm might shift the sands and expose a relic, which is what happened with the new discovery at Maagan Michael. Two amateur divers spotted a piece of wood sticking out from the bottom and reported it to authorities. Eight excavation seasons later, Cvikel's team has mapped out much of the 20-metre-long, five-metre-wide wooden skeleton that remains.
Using underwater vacuums to clear out 1.5 meters of sand, they found over 200 amphoras that still contained ingredients from the Mediterranean diet, like fish sauce, and a variety of olives, dates and figs. There were sailing tools like ropes and personal items such as wooden combs, as well as animals, including the remains of beetles and six rats.
"You have to be very attentive because some of the remains, like fish bones, or rat bones, or olive pits, they are so tiny that it could be lost in a split second," Cvikel said. Some of the cargo bore symbols of the Christian Byzantine church and others had writing in Arabic.
Researchers hope to find a hall to display the ship in its entirety to the public, otherwise they will cover it with sand and leave it at the sea bottom with the countless other wrecks.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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James Webb telescope captures clear images of ringed Neptune
- Country:
- United States
The James Webb Space Telescope has captured its first image of Neptune, revealing the clearest view of the distant planet's rings in more than 30 years, NASA said.
The most striking feature in the image is the crisp view of the planet's rings -- some of which have not been detected since NASA's Voyager 2 became the first spacecraft to observe Neptune during its flyby in 1989, the US space agency said.
In addition to several bright, narrow rings, the Webb image clearly shows Neptune's fainter dust bands.
''It has been three decades since we last saw these faint, dusty rings, and this is the first time we have seen them in the infrared,'' Heidi Hammel, a Neptune system expert and interdisciplinary scientist for Webb said in a statement.
Neptune is located 30 times farther from the Sun than Earth, and orbits in the remote, dark region of the outer solar system.
The planet is characterized as an ice giant due to the chemical makeup of its interior. Compared to the gas giants, Jupiter and Saturn, Neptune is much richer in elements heavier than hydrogen and helium.
This is readily apparent in Neptune's signature blue appearance in Hubble Space Telescope images at visible wavelengths, caused by small amounts of gaseous methane. Webb's Near-Infrared Camera (NIRCam) images objects in the near-infrared range from 0.6 to 5 microns, so Neptune does not appear blue to the telescope.
The methane gas so strongly absorbs red and infrared light that the planet is quite dark at these near-infrared wavelengths, except where high-altitude clouds are present, the researchers said.
Images from other observatories, including the Hubble Space Telescope and the W.M. Keck Observatory, have recorded these rapidly evolving cloud features over the years.
A thin line of brightness circling the planet's equator could be a visual signature of global atmospheric circulation that powers Neptune's winds and storms, according to NASA.
The atmosphere descends and warms at the equator, and thus glows at infrared wavelengths more than the surrounding, cooler gases, it said. A previously-known vortex at the southern pole is evident in Webb's view, but for the first time Webb has revealed a continuous band of high-latitude clouds surrounding it.
Webb also captured seven of Neptune's 14 known moons. A very bright point of light seen in Webb's images is Neptune's large and unusual moon, Triton.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- NASA
- Webb
- Triton
- Voyager 2
- Jupiter
- Sun than Earth
- Saturn
- Heidi Hammel
- Neptune | https://www.devdiscourse.com/article/science-environment/2187687-james-webb-telescope-captures-clear-images-of-ringed-neptune | 2022-09-22T06:52:55 | en | 0.941868 |
Magnitude 6.5 earthquake hits Mexico - EMSC
- Country:
- Mexico
A magnitude 6.5 earthquake struck Michoacan in Mexico on Thursday, the European Mediterranean Siesmological Centre said.
The quake was 80 kilometres (49.7 miles) below the earth's surface, EMSC said.
No Tsunami warning was issued after the earthquake, the U.S. Tsunami Warning System said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Sports News Roundup: Rugby-Australia tweak pack for All Blacks clash; Soccer-Wales forward Bale on 'good path' to be fully fit for World Cup and more
With a record eight Presidents Cup debutants on his squad, International captain Trevor Immelman will be counting on his two most battle-tested players, Australian Scott and Japan's Matsuyama, to provide a steady launch at Quail Hollow Club on Thursday against the heavily favoured Americans. NBA-Suns owner Sarver announces plans to sell team Phoenix Suns owner Robert Sarver on Wednesday said he is seeking buyers for the team a week after being suspended for a year and fined $10 million by the National Basketball Association (NBA) following an investigation into allegations of workplace misconduct.
Following is a summary of current sports news briefs.
Rugby-Australia tweak pack for All Blacks clash
Australia coach Dave Rennie made two changes to his pack but kept his backline intact when he selected the team to chase a first victory over the All Blacks at Eden Park since 1986 in this weekend's final round of the Rugby Championship. Cadeyrn Neville comes into the second row in place of Matt Philip and Harry Wilson's return at number eight means a move to blindside flanker for Rob Valetini, who was again outstanding in the controversial 39-37 loss to New Zealand last time out.
Soccer-Wales forward Bale on 'good path' to be fully fit for World Cup
Wales captain Gareth Bale said he is on a "good path" towards full fitness ahead of the World Cup in Qatar, despite not completing a full game since joining Los Angeles FC in June.
Bale signed for the Major League Soccer club after leaving Real Madrid, where he struggled with injury in his last few seasons. He has made only two starts in his 11 appearances for LAFC, scoring twice.
Tennis-I won't become a tennis ghost, says Federer, ahead of final bow
Roger Federer brings down the curtain on his illustrious career later this week but the Swiss maestro has assured his millions of fans that he will not become a 'tennis ghost'. Back in London, down river from where he won a record eight Wimbledon titles, the 41-year-old said he had no intention of walking away from a sport he has graced for so long.
Baseball-Mets set unwanted record after 106th batter hit by pitch
The New York Mets saw a modern era record 106th batter hit by a pitch in Wednesday's 6-0 loss to the Milwaukee Brewers.
Luis Guillorme was hit on the left foot by Brewers reliever Jake Cousins in the ninth inning, sending the infielder crashing to the ground, as the Mets moved past the 2021 Cincinnati Reds for having the most batters hit in a single season since 1900, according to Major League Baseball.
Golf-South Korea form backbone of International team's Presidents Cup hopes
South Korea will form the backbone of the International team's hopes of upsetting the United States at the Presidents Cup with a record four players set to tee off on Thursday at the Quail Hollow Club. Im Sung-jae, Kim Si-woo, Tom Kim and K.H. Lee make up one-third of Trevor Immelman's 12-man squad and will be counted on to produce points if the Internationals are to challenge the heavily favoured Americans.
Boxing-Ireland's Taylor to defend world titles against Carbajal at Wembley Arena
Undisputed world lightweight champion Katie Taylor will defend her titles against Karen Elizabeth Carbajal at Wembley Arena on Oct. 29, promoters Matchroom Boxing said. "It's hard to believe it's been almost six years since I made my pro debut there so it's great to go back now and headline," the Irishwoman said in a statement released on Wednesday.
Basketball-U.S. women skip jersey number 15 at World Cup to honour Griner
USA Basketball said none of its players at the Women's World Cup would wear the number 15 when the tournament begins on Thursday, in honour of Brittney Griner, who was sentenced to nine years in prison in Russia on drug charges last month. Griner, who wore the number 15 in international competition, helped the United States collect two of their 10 gold medals in the quadrennial tournament, which takes place in Sydney this year.
Golf-International underdogs up for Presidents Cup fight
With the Presidents Cup set to tee off on Thursday, International captain Trevor Immelman has positioned his team as the biggest underdogs since David met Goliath as they face the might of the United States on their home turf. Even the American players have expressed sympathy for the challenge facing Immelman who will send a out record eight debutants into the Presidents Cup at the Quail Hollow Club.
Golf Veterans Scott and Matsuyama lead Internationals against U.S
Former Masters champions Adam Scott and Hideki Matsuyama will lead an inexperienced International team into battle after they were paired together on Wednesday for the Presidents Cup's opening foursome against the United States partnership of Patrick Cantlay and Xander Schauffele. With a record eight Presidents Cup debutants on his squad, International captain Trevor Immelman will be counting on his two most battle-tested players, Australian Scott and Japan's Matsuyama, to provide a steady launch at Quail Hollow Club on Thursday against the heavily favoured Americans.
NBA-Suns owner Sarver announces plans to sell team
Phoenix Suns owner Robert Sarver on Wednesday said he is seeking buyers for the team a week after being suspended for a year and fined $10 million by the National Basketball Association (NBA) following an investigation into allegations of workplace misconduct. An independent investigation found that Sarver, who bought the Suns and the WNBA's Phoenix Mercury in 2004, engaged in inequitable conduct toward female employees, including "sex-related comments" and inappropriate remarks on female employees' appearances.
(With inputs from agencies.)
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Julius Baer Cup: Indian GMs Erigaisi, Praggnanandhaa sail to quarterfinals
Teenaged Indian Grandmasters Arjun Erigaisi and R Praggnanandhaa moved to the quarterfinals after finishing second and fourth respectively in the preliminary phase of the Julius Baer Generation Cup online rapid chess tournament early on Thursday.While World Champion Magnus Carlsen finished with 34 points, way ahead of the second-placed Erigaisi, who had 25 points, American Hans Niemann took the third spot with 24 points.Praggnanandhaa, who made a strong start with three victories on day 1, ended up with 23 points.
- Country:
- United States
Teenaged Indian Grandmasters Arjun Erigaisi and R Praggnanandhaa moved to the quarterfinals after finishing second and fourth respectively in the preliminary phase of the Julius Baer Generation Cup online rapid chess tournament early on Thursday.
While World Champion Magnus Carlsen finished with 34 points, way ahead of the second-placed Erigaisi, who had 25 points, American Hans Niemann took the third spot with 24 points.
Praggnanandhaa, who made a strong start with three victories on day 1, ended up with 23 points. His tally included five wins, eight draws and two defeats. Carlsen was in stupendous form, winning his last five games including three on the final day of the preliminaries to end with 10 victories. His only loss was to Niemann, against whom he resigned after making only one move.
The 19-year-old Erigaisi endured a poor final day, losing to Vincent Keymer (Germany) and Dutch GM Anish Giri after beginning with a draw against Radoslaw Wojtaszek of Poland.
But despite a forgettable day, the Indian GM managed to finish second. He scored seven wins along with four draws and four losses.
The 17-year old Praggnanandhaa, on the other hand, started the day with a defeat at the hands of USA's Levon Aronian before settling for a draw against Giri. His win over Croatia's Ivan Saric in the 15th and final round enabled him to finish a point behind Niemann on 23 along with Keymer.
Baskaran Adhiban, the third Indian in the tournament, finished 16th and last with a solitary win to go with seven draws and an equal number of losses. He secured 10 points.
The quarterfinals are scheduled to be played late on Thursday. The Julius Baer Generation Cup is a part of the Meltwater Champions Chess Tour and features 16 players spanning three generations and is being held in a round-robin-cum-knockout format.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/sports-games/2187621-julius-baer-cup-indian-gms-erigaisi-praggnanandhaa-sail-to-quarterfinals | 2022-09-22T06:53:19 | en | 0.957254 |
IND vs AUS: Men in Blue aim for equaliser, look to end top order, death bowling struggles
The second T20I between India and Australia will start from Friday at Nagpur
- Country:
- India
When India takes to the field in Nagpur for the second T20I against Australia, they will be seeking a chance at a series-levelling win after their bowling let them down previously in Mohali. The second T20I between India and Australia will start on Friday at Nagpur. Australia is currently leading the three-match series 1-0 after a four-wicket win in first game in Mohali.
India has a lot to look into while starting their practice sessions. Lack of consistency as an all-round unit has let it down in the last few matches. It has been a while since the top order consisting of KL Rahul, skipper Rohit Sharma and Virat Kohli have fired in unison. The pattern of one or two of them failing and the other one clicking has been going on a regular basis. It is time they fix this unfortunate pattern as they have to play against two world-class sides, Australia and South Africa before the ICC T20 World Cup 2022.
The form of middle-order players like Hardik Pandya and Suryakumar Yadav has been a boon for India this year and they would like to keep this going. Indian bowling has let them down since the last few of their outings, especially in death overs. It will be in India's interest that Jasprit Bumrah makes it to playing eleven this time to lessen the pressure on pacer Bhuvneshwar Kumar, whose failures in death overs since Asia Cup 2022 have received a lot of criticism. Spinner Yuzvendra Chahal's economy and lack of wickets is another concern. It will be interesting how much of a long rope he receives despite his lacklustre run recently. Harshal Patel's return was disappointing and he will be looking forward to make up for it in the second T20I.
On the other hand, Australia has little to worry about as compared to India. Their batting clicked in the 209-run chase during the first T20I in Mohali, helping them pull of their second-highest T20I chase. India will have to be cautious of all-rounder Cameron Green, who made an immediate impact by smashing veteran Umesh Yadav for fours in his first four deliveries as an opener and ended up with a well-made 61. Wicketkeeper-batter Matthew Wade and newcomer Tim David are just as hard-hitting with their attacking batting. Combined with experience of Steve Smith, skipper Aaron Finch and Glenn Maxwell, the Aussie batting unit looks unbeatable. It is their bowling that Aussies need to be worried about a little bit as besides Nathan Ellis, everyone went for runs and an economy rate of more than 7. Green and Pat Cummins were the biggest culprits last time for Aussies, letting Men in Blue score 67 runs in the final five overs in the last match. In all, death overs bowling is the only concern that Australia has at the moment.
With two top-tier sides, fans will no doubt get to enjoy another amazing game of cricket. India squad for Australia series: Rohit Sharma (Captain), KL Rahul (vice-captain), Virat Kohli, Suryakumar Yadav, Deepak Hooda, Rishabh Pant (wicket-keeper), Dinesh Karthik (wicket-keeper), Hardik Pandya, R. Ashwin, Yuzvendra Chahal, Axar Patel, Bhuvneshwar Kumar, Harshal Patel, Deepak Chahar, Jasprit Bumrah, Umesh Yadav.
Australia squad for T20I series against India: Sean Abbott, Ashton Agar, Pat Cummins, Tim David, Nathan Ellis, Aaron Finch (c), Cameron Green, Josh Hazlewood, Josh Inglis, Glenn Maxwell, Kane Richardson, Daniel Sams, Steve Smith, Matthew Wade, Adam Zampa. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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UEFA Nations League: Scotland top group after 3-0 win over Ukraine
Steve Clarke's side broke the deadlock in the 70th minute with stand-in captain John McGinn striking gold for his side
- Country:
- Scotland
Scotland moved to the top of their UEFA Nations League group B1 after a 3-0 win over Ukraine at Hampden Park on Wednesday. This win acts as a band-aid for Scotland after they missed out on the World Cup, which will be held later this year from November to December.
Steve Clarke's side broke the deadlock in the 70th minute with stand-in captain John McGinn striking gold for his side. This was followed by two goals from Lyndon Dykes in 80th and 87th minute. Scotland did get some chances in the first half with Stuart Armstrong, Ryan Christie and Che Adams attempting a chance at the nets. Christie missed out narrowly on his chance and Ukraine goalkeeper Anatoliy Trubin was able to defend the goal.
Mykhaylo Mudryk, a winger for Mykhaylo Mudryk consistently kept troubling the Everton right-back, Nathan Patterson. But Patterson was stretchered off due to an injury. Mudryk was not allowed to cause much trouble during the second half by Aaron Hickey. The first half was a goalless one.
The pressure was on Scotland after some missed chances in the first half, but McGinn broke the deadlock to give his side an advantage. He outclassed Bondar inside the box and fired a low, drilled strike right into the bottom corner. The arrival of Dykes and Ryan Fraser paid off big time. The Newcastle United player set up Dykes for two-headed goals from corner in 80th and 87th minute. Scotland are now at top of their group, with only two draws needed against the Republic of Ireland and Ukraine to finish at the top. If they get promoted to the top tier of the Nations League, a spot in Euro 2024 Play-Off will be guaranteed to them if they happen to miss out on qualification. Dykes and Ryan Fraser came and their arrival paid off big time. The Newcastle United player set up Dykes for two-headed goals from corner in 80th and 87th minute. (ANI)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) | https://www.devdiscourse.com/article/sports-games/2187649-uefa-nations-league-scotland-top-group-after-3-0-win-over-ukraine | 2022-09-22T06:53:35 | en | 0.973054 |
Tennis-Osaka pulls out in Tokyo with abdominal pain
Naomi Osaka's title defence at her home Pan Pacific Open ended on Thursday when the former world number one withdrew ahead of her second-round match against Beatriz Haddad Maia due to abdominal pain.
- Country:
- Japan
Naomi Osaka's title defence at her home Pan Pacific Open ended on Thursday when the former world number one withdrew ahead of her second-round match against Beatriz Haddad Maia due to abdominal pain. "I am really sorry that I am not able to compete today," said the four-time Grand Slam champion, who won the tournament when it was last held in 2019 in her hometown of Osaka.
"It's an honour to be able to play at the Toray Pan Pacific Open in front of the amazing fans here in Japan. This has and always will be a special tournament for me and I wish I could have stepped on court today, but my body won't let me." It was the latest setback for the 24-year-old, who sat out the entire grasscourt season with an Achilles injury and also retired from her first-round match in Toronto with a back problem in the leadup to the U.S. Open.
Brazil's Haddad Maia will face either fourth seed Veronika Kudermetova or Mexican qualifier Fernanda Contreras Gomez in the quarter-finals.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Brazil Independence Day 2022 is in today’s Google doodle | https://www.devdiscourse.com/article/sports-games/2187653-tennis-osaka-pulls-out-in-tokyo-with-abdominal-pain | 2022-09-22T06:53:44 | en | 0.959736 |
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