World Archives - Page 13 of 18

India, Australia sign trade deal to boost ties, PM Modi said – ‘Historic moment’

India and Australia signed an important trade agreement on Saturday that will boost economic ties. PM Narendra Modi noted in a statement Saturday that the fact that such an important agreement could be reached in such a short period of time is a testament to the mutual trust between the two nations. Our bilateral relationship has indeed reached a historical moment. In the last few weeks, PM Modi has had virtual meetings with Scott Morrison of Australia three times.

Since announcing our comprehensive, strategic partnership, Morrison said: “Our collaboration has grown rapidly.” In addition to the Summit, our government has announced additional initiatives worth 282 million dollars.” We are pleased to share information with you regarding the signing ceremony for the India-Australia Economic Cooperation and Trade Agreement that took place virtually.

At the event, PM Narendra Modi said, “I am confident that with this agreement we will be able to take full advantage of the opportunities between the two economies.” By signing this agreement, we are strengthening the supply chain and contributing to the stability of the Indo-Pacific region.”

India’s Prime Minister, Narendra Modi, said: “These ties are an invaluable basis of the friendship between our two countries, and the agreement will facilitate student, professional, and tourist exchanges between the two countries. Through this agreement, we will be able to strengthen our relations even more.

India and Australia have signed a trade and economic cooperation agreement. “India and Australia are natural partners with common values of democracy, rule of law, and transparency,” said Union Minister Piyush Goyal at the virtual signing ceremony for the India-Australia Economic Cooperation and Trade Agreement. Like two brothers, two nations worked together during the pandemic.

What does the new agreement state?

“One of the biggest economic doors in the world today” will be opened by the trade agreement, the Australian prime minister said before signing.

As reported by Reuters, the new agreement removes tariffs on more than 85 percent of Australian goods exports to India, valued at $12.6 billion, which have risen by almost 91 percent in 10 years. Wool, copper, coal, alumina, fresh Australian rock lobster, and some minerals and non-ferrous metals are among the items that will be exempted from import duties in India soon. More than 96% of Indian imports to Australia will be duty-free.

UAE minister became a fan of PM Modi, left Pakistan and said a big thing on friendship with India

The United Arab Emirates (UAE), which is considered a political ally of Pakistan, has brought very good news for India. UAE Trade Minister Thani bin Ahmed Al Zeyoudi, who is considered close to Pakistan, has expressed great appreciation for India’s warm relations. UAE’s relationship with India is beyond any agreement, he said. Along with this, he will also visit India from May 12-15 with his three associate ministers and business delegations to increase trade with India.

In truth, the India-UAE Comprehensive Economic Partnership Agreement (CEPA) was signed in February this year to facilitate trade between the countries. The purpose of this agreement is to accelerate trade between the two countries. Under the agreement, the trade between India and UAE is expected to increase to $250 billion US dollars by 2030. In praising this agreement, UAE Trade Minister Thani bin Ahmed Al Zeyoudi has said that the relations between India and the United Arab Emirates (UAE) go beyond agreements. In addition, he praised this agreement and said that I do not see any bigger agreement than this.

Additionally, he noted that the India-UAE Comprehensive Economic Partnership Agreement (CEPA) was the largest deal we have ever signed. Along with this, he added, if in the future we feel the need to modify, we will do so as well. As a result of the agreement, Zaydi said that a large business delegation and three ministers will be visiting India from May 12-15. During this time, there will be an additional discussion about how we can get the most benefit from this agreement.

Piyush Goyal, Union Commerce Minister, also called the agreement important

In the same vein, Union Commerce Minister Piyush Goyal said in the India-UAE Comprehensive Economic Partnership Agreement (CEPA) that our partnership with UAE is economic, strategic, and geopolitical. If we are to leverage this partnership effectively, we must redefine our goals and search for a broader canvas. He said that after this agreement, UAE-India trade will reach the US $ 250 billion by 2030.

UAE has made commitments about their interest to invest in Indian infrastructure, manufacturing & logistic sector. A huge delegation recently visited J&K too.

India wants a larger share of the UAE market as it sets its eyes on achieving $1 trillion goods exports by 2030. pic.twitter.com/YQgJvZDjUe
— Piyush Goyal (मोदी का परिवार) (@PiyushGoyal) March 28, 2022

A CEPA agreement was signed in February

A comprehensive economic partnership agreement was signed between India and the UAE in February this year that aims to increase bilateral trade between the two countries to US$ 100 million over the next five years. An agreement on this was reached during the virtual summit between Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan.

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Covid-19 in China: Corona havoc again in China, strict lockdown again in Shanghai city

India has experienced a decrease in Corona infections, and people have been negligent in following the Corona Guidelines, but believing this could be a big mistake. Chinese officials have announced another lockdown in Shanghai due to the rapid spread of the Corona infection in the country.

The streets of Shanghai, China’s largest city, are deserted due to the re-lockdown, and Shanghai’s local government has said the lockdown will remain in effect in Pudong and surrounding areas of Shanghai from Monday to Friday. Both of these areas are undergoing large-scale tests of COVID-19.

Lockdown in the downtown area

Starting Friday, the local government of Shanghai will take strict measures in the downtown area west of the Huangpu River. We have asked people to stay inside and not go outside unnecessarily. Ordering food and drinks online has been encouraged. According to a government order, all offices except the essential ones will be closed.

Closed Shanghai corporate offices

In order to prevent the spread of Corona, public transportation will be shut down. Shanghai, a city with a population of 26 million, has seen the closure of offices of many well-known companies. City Covid-19 tests are being conducted at a number of locations. In Shanghai, the Disney theme park is already closed by the lockdown due to Corona, which is also affecting the economy. Traders are suffering from a lot of losses here.

China continues to follow a dynamic zero covid policy

Corona cases have increased in Jilin, a province in northeastern China. In China, great effort is being made to prevent Covid as part of the ‘Dynamic Zero-Covid’ policy. Chinese officials say that a lockdown must take place immediately in order to effectively prevent Covid. Our full attention is focused on preventing Corona as soon as possible. To achieve this, lockdowns must be taken.

In China, 87 percent of people have received the vaccine

The Chinese President Xi Jinping has praised the efforts made to prevent Corona, saying whatever measures are taken to stop it is better than nothing. China has vaccinated 87 percent of its population so far.

Oscars 2022 Winners List: Will Smith received the Oscar for Best Actor, see the full list of winners here

The 2022 Oscar Winners have been announced. The Oscars are regarded as the most prestigious of the entertainment world. The film Dune, the most discussed at the 94th Academy Awards, came out in the year 2021. The response was positive. Dune was nominated in 10 categories, and this film has earned awards in six categories. The best sound and original score in Dune. The best editing in the film. Awards for Best Visual Effects, Best Production Design, and Best Cinematography (Oscars 2022).

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In addition to being called the best movie of the year, CODA has won numerous accolades. Troy Kotsur, Koda’s actor, has won the award for Best Supporting Actor. Aside from Will Smith winning the Best Actor Award, there were many other special category awards, their winners are listed below.

The winners’ list can be found here:

Best Supporting Actor : Troy Kotsur (CODA)
Best Supporting Actor: Ariana DeBose (West Side Story)
Best Adapted screenplay: CODA
Best Documentary Feature: Summer Of Soul
Best original screenplay: Bellfast
Best International Feature Film: Drive My Car (Japan)
Best Animated Feature Film: Encanto
Best cinematography: Dune
Best costume design: Cruella
Best production design: Dune
Best makeup and hair: The Eyes of Tammy Faye
Best sound: Dune
Best documentary short: The Queen of Basketball
Best live-action short: The Long Goodbye
Best Original Score: Dune
Best Film Editing: Dune
Best Animated Shorts: The Windshield Wiper

The Oscar winner Will Smith was suddenly seen getting angry during the 94th Oscar Awards ceremony. Presenter Chris Rock made a joke about Will Smith’s wife. This led to Smith’s anger erupting. After Chris Rock commented on Will Smith’s wife’s hair, Will Smith could not control himself and hit Chris on the stage with a powerful punch.

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UNCENSORED EXTENDED VERSION of Will Smith smacking Chris Rock from Japanese TV https://t.co/s9BZoRyrrm
— Barstool Sports (@barstoolsports) March 28, 2022

Chris kept looking at Will while he was on stage. As soon as Chris Rock arrived, Will punched him, then stood on stage and punched him again.

Russia Ukraine War: Russia imposed a ban on Instagram and Facebook, saying – they are promoting extremism

In the past month, there has been a war between Russia and Ukraine. Russia’s military action was opposed by many countries, which imposed various sanctions on it. Financial restrictions are also included. As well as Google and Facebook, social media platforms have announced sanctions against Russia.

Moreover, a Russian court has issued an order blocking access to Instagram and Facebook in the country. Meta, its company, has been cited by the court as promoting extremism.

Russians use Facebook and Instagram on a massive scale, according to a court in Moscow. Both of these social media platforms promote insurgency-related activities. In spite of that, the court declared Meta’s WhatsApp Messenger not to be a source of information but a medium for communication. A court has decided to impose the ban under extremist-related laws.

Meta Company was accused Monday of creating a fake alternate reality in which Russians are hated by the FSB Security Service during a hearing in Moscow. The Meta organization, he says, is hostile towards Russia and its forces.

A representative of the FSB, Simon Kowalski, told the court that Meta’s products can be used by both individuals and legal entities without being construed as extremist or linked to extremist activities. Meta will not hold individuals responsible for their use of its services.

The Russian government has not yet indicated whether or not companies that buy advertisements on Facebook and Instagram are subject to prosecution for funding militant organizations under Russian law.

Meta’s lawyer, Victoria Shagina, told the court that her company does not engage in any extreme activities and opposes any kind of Russophobia.

Prime Minister Narendra Modi used his influence to stop Ukraine conflict: Australia

The conflict between Ukraine and Russia has now become extremely dangerous. As a result, most countries hope that the conflict between the two countries will end soon. Australia said the ‘quad’ countries have accepted India’s stand on Russia’s attacks in Ukraine. Aside from that, no country will be upset with Prime Minister Narendra Modi using his contacts to advocate an end to the conflict in this war-torn country.

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In an interview with reporters, Australia‘s High Commissioner to India Barry O’Farrell revealed that the Quad countries agreed with India’s position. There are bilateral relationships between all countries, and it is evident from the comments of the Ministry of External Affairs and Prime Minister Narendra Modi himself that these contacts have been used to advocate for an end to Ukraine war. I’m sure no country would be unhappy with this.

You should know that India avoids criticizing Russia. India’s quad partners – America, Japan, and Australia – strongly condemn the Russian invasion of Ukraine. Thus, it was also expected that India would take a different position on this matter. As a result of the old friendship between India and Russia, India has avoided retaliating directly against the attack of the Russian army.

India was not accused of supporting events in Ukraine, as reported by news reports. Apparently, India is trying to follow the policy laid out by Nehru 65 years ago. India’s Prime Minister Modi and Australia’s Scott Morrison will attend a virtual summit today. During this summit between the two countries, the Ukraine crisis is also expected to be discussed.

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Russia Ukraine News: France President Emmanuel Macron talks to Putin, and urged an immediate ceasefire

Russian President Vladimir Putin was urged on Friday by France’s President Emmanuel Macron to allow humanitarian aid into Mariupol and to order an immediate ceasefire. Macron spoke with Putin for about 70 minutes.

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Olaf Scholz and Putin spoke earlier today. Scholz asked Putin to immediately declare a ceasefire. France President Emmanuel Macron has yet again expressed concern over the attacks on civilians in Ukraine and Russia‘s violation of human rights, according to the Elysee Palace, the country’s presidential office. President Putin’s office responded by saying the war was caused by Ukraine.

Meeting the representatives of Ukraine: Russia’s progress

There is a close agreement between the Russian and Ukrainian delegations on neutrality, according to the Russian delegation. Chairman of the Russian delegation that discussed Ukraine’s NATO membership attempt, Vladimir Medinsky, said the two sides were working toward resolving their differences. Medinsky was quoted as saying: “The neutral status of Ukraine and its distance from NATO are key issues in our discussions, and both sides are moving closer together.”

The demilitarization of Ukraine is now “nearly halfway” complete, he said. Medinsky pointed out that Kiev wants to bring under its control Ukraine’s Russia-backed eastern separatist region, while Russia believes the people in the region need to decide their fate for themselves.

Australia China Conflict: Increased risk of war with China, thousands of soldiers in Australia, America sending missiles

In the midst of the Ukraine war, war clouds now loom over China and Australia. Australian officials have acknowledged that tensions with China are rising and could lead to war. US forces are currently stationed in Australia, thanks to an OCUS deal, and have deployed thousands of troops, missiles, artillery, rockets, and drone aircraft there. American soldiers will teach Australia’s military how to use these weapons.

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According to the report from DailyMail, 2200 US Marines will be in the northern region of Australia from September. 250 US infantry personnel are being deployed for the first time, according to the Defense Force of Australia. The US troops are part of Washington’s Indo-Pacific initiative to prepare for an invasion of Taiwan by China in the near future.

First 1000 US Marines arrive in Australia

A conflict with China should not be underestimated, Defense Minister Peter Dutton said in September. Russia’s attack on Ukraine and China’s annexation of Taiwan is keeping the world’s attention. In addition to this deployment of US Marines, there has also been greater cooperation between the two countries’ air forces. There have already been 1000 US Marines deployed to Australia.

In response to crises in the region, the Australian Army will be trained by the Marines. Assistance to US embassies, humanitarian aid, and disaster relief fall under this category. The troops are stationed in Darwin, which is close to the southeast Asian nation and the world’s busiest sea route. The deployment of US forces is significant for this reason. Australian and American forces will exchange live fire during the training. As part of the announcement, an Australian minister announced that if a dictatorial rule in the Indo-Pacific persists, credible military power would be used.

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Pakistan has only 5 days of oil left, banks also gave a blow

Another problem has arisen for Pakistan, which is facing the effects of the financial crisis. Imran Khan’s government is now having to deal with the consequences of the war between Russia and Ukraine. Due to the war between Russia and Ukraine, Pakistan is experiencing a shortage of petroleum products. He has only five days’ supply of diesel left.

As reported in The Express Tribune, Pakistani banks have also refused to lend to oil companies due to their high-risk status. The Imran government in Pakistan is also in trouble because of the decrease in diesel stock. While the opposition is mobilized, on one hand, the reduction in diesel stock in the country is more likely to lead to an increase in inflation.

Consumer prices in Pakistan are rising at an all-time high of 13 percent, as measured by the Consumer Price Index (CPI). According to ‘Dawn’ newspaper, this is the most increased CPI inflation since January 2020, when it was 14.6%.

In response to the opposition’s motion of no confidence against him, Imran Khan said he did not enter politics to control ‘potato and tomato prices’. During a political rally in Hafizabad in Punjab province, Khan said the country will stand against those elements that want to overthrow the government using money power.

Corona havoc again in China after 2 years, millions of people were locked in the house!

The number of Covid-19 cases has once again risen rapidly in China. A rapid increase in Corona infections is observed in many Chinese cities, including Beijing’s capital. The number of cases of COVID-19 in China has risen to 3,393. The number of Corona infection cases has exceeded 3300 for the first time in nearly two years. Last Saturday was the most severe weather in two years.

Twenty cases were reported in Beijing, including about 2000 new cases nationwide. Nineteen provinces in China have reported outbreaks of the Omicron and Delta variants. The number of Corona cases in China has not decreased despite the lockdown in many cities. Corona cases in China have reached their highest level since February 2020, according to the National Health Commission.

China closes Shenzhen’s business center to prevent the spread of viruses

Earlier this week, China closed a significant business center in the city of Shenzhen over concerns over the increase of Coronavirus cases. In addition, buses have been suspended to avoid the further spread of the virus. After 60 new cases of infection were reported on Sunday in the city of Shenzhen, the Chinese government pledged to conduct three-stage testing for everyone. The city is famous for its finance and technology industries. Other businesses were asked to stay closed or work from home, except those dealing with food supplies, fuel, and essential commodities.

Beijing’s administration asks people not to leave their homes

A report on Sunday said that Jilin city was partially closed. Beijing is also prohibited from entering residential areas, along with the closing of Shanghai’s school parks. Beijing’s administration asked residents not to leave their homes following the receipt of new cases. Carrie Lam, the leader of Hong Kong, believes the worst may still be ahead of the wave of infection.

Chinese schools closed in Shanghai as a precaution

In mainland China, 1,807 new cases of local Covid-19 infection were reported by the National Health Commission on Sunday, while 131 patients were imported from abroad. It also said that there are 1,412 patients from Jilin province who are also affected by the local infection. There have been increasing cases of Covid-19 in Changchun since last Friday, prompting a lockdown in China. Approximately 9 million people live in this city. A precautionary measure has been taken by the authorities in Shanghai because of the rise in Corona cases in China. As a result of the virus’s detection in China, the country has a zero-covid policy.

Cases increase even after lockdown

Yucheng, a city with an estimated population of five lakhs in Shandong province, was also recently placed under lockdown by the government. The other counties reporting new cases are Shandong with 175 cases, Guandong with 62, Hebei with 33, Jiangsu with 23, Tianjin with 17, and Beijing with 20. Moreover, COVID-19 cases in Hong Kong have risen to 27,647 new cases since the beginning of this month. A total of 87 Hong Kongers have died as a result of Covid-19, which together has caused 3,729 deaths in this city.

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