The model forms part of international best practices in dealing with such issues The Insolvency Law Committee (ILC), tasked with suggesting amendments to the Insolvency and Bankruptcy Code of India, has recommended that India adopt the United Nations’ model to handle cross-border insolvency cases. “The ILC has recommended the adoption …
Read More »International Issues
China’s first private university inaugurated
China’s first private research university has been officially inaugurated in Zhejiang Province’s Hangzhou city, official media reported on Monday. Five Nobel laureates attended the founding ceremony of Westlake University in Hangzhou on Saturday. Source : https://www.thehindu.com/todays-paper/tp-international/chinas-first-private-university-inaugurated/article25291881.ece
Read More »China asks U.S to ‘think twice’ before pulling out
China on Monday called on the U.S. to “think twice” about its decision to ditch the Intermediate-Range Nuclear Forces Treaty with Russia. Two top Republican lawmakers backed President Donald Trump’s worries about China on Sunday, saying there are concerns that the treaty is holding the U.S. back while allowing China …
Read More »An African island’s troubled waters
A rounded, rocky outcrop covered with metallic shacks, Migingo Island rises out of the waters of Lake Victoria like an iron-plated turtle. The densely populated island is barely a quarter of a hectare large. There’s little else but a few bars, brothels and a tiny port. Nevertheless, for over a …
Read More »Bolton arrives in Russia for talks on nuclear treaty
White House National Security Advisor John Bolton on Monday began two days of meetings with senior Russian officials following Washington’s weekend announcement of its withdrawal from a Cold War-era nuclear weapons treaty. The Moscow visit by Mr. Bolton was planned before the Saturday announcement by President Donald Trump that the …
Read More »Maldives judiciary upholds poll result
The Maldives Supreme Court on Sunday rejected a petition by outgoing President Abdulla Yameen to annul the September presidential election, clearing the way for transfer of power to joint opposition candidate Ibrahim Mohamed Solih. Mr. Yameen’s claim that the poll was rigged was not substantiated with evidence, the five-member bench …
Read More »U.S. to pull out of Russia missile pact
U.S. President Donald Trump confirmed that the U.S. would pull out of the Intermediate-range Nuclear Forces (INF) Treaty with Russia, a crucial Cold War-era treaty banning the development, testing and possession of short and medium range ground-launched nuclear missiles with a range of 500-5,000 km. The treaty, signed in 1987, …
Read More »China says ex-Internet czar on trial
China’s former internet censor, who once held high-profile meetings with industry leaders such as Apple CEO Tim Cook and Facebook founder Mark Zuckerberg, was standing trial on Friday on corruption allegations, state media reported. Lu Wei is accused of accepting 32 million yuan ($4.6 million) in bribes and has admitted …
Read More »Protesters to demand vote on Brexit
Campaigners seek a referendum on the terms of the final Brexit deal between Britain and EU Tens of thousands of people, including London’s Mayor Sadiq Khan and politicians from across the political spectrum, are expected to attend a march, calling for a second referendum on Brexit in central London on …
Read More »India, Japan, U.S. plan joint air exercise
India, Japan and the U.S. are set to elevate the bilateral ‘Cope India’ air exercise to a trilateral format. The three countries already conduct naval war games under the expanded Malabar naval exercise. The U.S. had proposed a trilateral air exercise between India, Japan and the U.S. For this, the …
Read More »More projects planned under CPEC, says China
Chinese Foreign Ministry spokesman Lu Kang said on Tuesday that more projects will be planned under the $60 billion China-Pakistan Economic Corridor, amid concerns over piling up of debt. Cash-strapped Pakistan has formally approached the International Monetary Fund (IMF) for a bailout package as it reels under a serious economic …
Read More »Trump calls Stormy Daniels ‘horseface’
U.S. President Donald Trump on Tuesday referred to porn star Stephanie Clifford, also known as Stormy Daniels, as “Horseface” in a Twitter post, as he gloated about a recent court ruling in his favour. He wrote: “[N]ow I can go after Horseface and her 3rd rate lawyer in the Great …
Read More »I have the President’s support: Mattis
Defense Secretary brushes aside speculation that he may be asked to quit U.S. Defense Secretary General Jim Mattis said President Donald Trump has assured him of his full support, one day after Mr. Trump appeared to cast doubts over the Pentagon chief’s fate. Speaking to reporters as he flew from …
Read More »El Salvador eyes Indian investors
El Salvador is keen to attract investments from Indian companies in the energy, ITeS, pharma, manufacturing and textiles sectors, the Central American country’s envoy said. In an interaction with journalists at The Hindu here on Tuesday, Ariel Andrade Galindo, El Salvador’s Ambassador to India, said the country was looking to …
Read More »‘U.S.-China trade row not a threat to world economy’
Mnuchin says Trump’s tariffs will have the opposite effect U.S. Treasury Secretary Steven Mnuchin on Saturday pushed back against warnings that Washington’s trade fight with China imperils the world economy, saying that pushing Beijing to open up will be good for all. The IMF had warned this week at annual …
Read More »Khashoggi case: Trump warns Saudi
U.S. President says there will be ‘severe punishment’ if the missing journalist is found murdered U.S. President Donald Trump has said Saudi Arabia could be behind the disappearance of journalist Jamal Khashoggi and warned that Washington would inflict “severe punishment” if he was found murdered. The Saudi critic has not …
Read More »Yameen’s party challenges poll defeat
PPM says the election was rigged and it has received ‘numerous complaints’ from supporters Maldives’ outgoing President Abdulla Yameen has challenged his recent election defeat, with his Progressive Party of Maldives (PPM) on Wednesday filing a legal petition claiming the September 23 presidential election was rigged. According to local media …
Read More »Londoners take out a ‘wooferendum march’
Hundreds of dogs and their owners rallied to seek a new people’s vote on Brexit With tails wagging and raucous barking, hundreds of dogs and their owners rallied in London on Sunday to howl for a new people’s vote on Brexit, in what organisers dubbed a “wooferendum march”. The gathering …
Read More »Iraqi PM designate takes up challenge of forming govt.
Seeks to overcome differences, unite fractious parties Veteran Iraqi politician and now Prime Minister designate Adel Abdel Mahdi on Wednesday began the tough task of forming the next government, seeking to overcome sharp differences and unite fractious political parties. In a surprise move on Tuesday, new President Barham Saleh handed …
Read More »Trio gets Chemistry Nobel
They harnessed the power of evolution to produce novel proteins Two Americans and a Briton won the 2018 Nobel Prize for Chemistry on Wednesday for harnessing the power of evolution to produce novel proteins used in everything from environmentally friendly detergents and biofuels to cancer drugs. The fruits of this …
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