Tuesday, October 16News That Matters

World

Trump to order sanctions against countries that interfere in US elections

Trump to order sanctions against countries that interfere in US elections

World
Washington: US President Donald Trump is expected to sign an executive order on Wednesday that would authorise sanctions against countries or foreigners who try to interfere in American elections. The move comes amidst increasing realisation in the US that the Russians interfered in the 2016 presidential elections. US intelligence agencies now believe that Russia would again try to interfere the mid-term polls this year and also the 2020 presidential elections. The executive order in this regard is likely to be signed by Trump as early as Wednesday. The order described by a US official familiar with its drafting as "another tool in the tool kit" to deter election interference by foreign adversaries . Source: PTI
India wants a trade deal with US: Donald Trump

India wants a trade deal with US: Donald Trump

World
Washington, Sep 11: India wants a trade deal with US after US President Donald Trump threatened to stop granting subsidies to growing economies like India and China so that the United States, which he considers as a developing nation,to grow faster than any other nation. He often accuses India of imposing 100 per cent tariffs on American products. “Frankly, I’ll tell you, India called us the other day. They said they would like to start doing a trade deal, first time,” President Trump said without mentioning who called up whom. “They wouldn’t talk about it with previous administrations. They were very happy with the way it was,”Appreciating his stance,  Donald Trump told his supporters  at a Joint Fundraising Committee Reception, in Sioux Falls in South Dakota. Donald Trump
18th Asian Games: India assured of two Bronze medals in Boxing :

18th Asian Games: India assured of two Bronze medals in Boxing :

Sports, World
Indian Boxers assured atleast two Bronze medals in India's Kitty at the 18th Asian Games today. Boxers Vikas Krishan and Amit Panghal advanced to the Semifinal round in their respective weight categories. In the Women's Heptathlon, Swapna Barman put India in the pole position with 872 points after the Javelin Throw round. Another Indian, Purnima Hembram finished 4th with 773 points. The final event of the Women's Heptathlon will be the 800 metres race scheduled at 7:10 PM Indian Time. India are currently on course for two medals in the event.  In the Women's 200-metres Final, Sprinter Dutee Chand will be seen in action. Manjit Singh and Jinson Johnson will look to qualify to the Men's 1,500 metres Final. In Women's Hockey, India will take on China in the semi-finals. All India Radio
United States elevates India’s status to ease export controls for high-technology product sales :

United States elevates India’s status to ease export controls for high-technology product sales :

Business & Corporate, World
The US has eased export controls for high-technology product sales to India by designating it as a Strategic Trade Authorization-1 (STA-1) country. US Commerce Secretary Wilbur Ross announced in Washington that this is a very important change in India's status in the export control regime. The granting of STA-1 status to India comes after the US recognised India as a Major Defence Partner in 2016, a designation that allows India to buy more advanced and sensitive technologies from America at par with that of the US closest allies and partners, and ensures enduring cooperation into the future. The designation authorises the export, re-export and transfer of specified items on the Commerce Control List (CCL) to destinations posing a low risk of unauthorised or impermissible uses. ...
US envoy to UN Nikki Haley visits India to boost Indo-US ties:

US envoy to UN Nikki Haley visits India to boost Indo-US ties:

World
US envoy to the United Nations Nikki Haley reached India yesterday on a two-day visit to strengthen America's strong alliance with India. Talking to reporters in New Delhi, she said that in this day and time, there are more and more reasons for both the countries to come together. She will address a group of business and government leaders, students, and civil society on advancing US-India relations in New Delhi today. The deliberations will focus on strengthening strategic, security, and defence cooperation as the United States and India jointly confront global challenges. Ms Nikki R. Haley, the daughter of Sikh immigrants from Punjab, is the first Indian-American to serve in a Cabinet-level position in any US presidential administration.
India, Seychelles agree to work on Assumption Island project, respect concerns

India, Seychelles agree to work on Assumption Island project, respect concerns

World
India and Seychelles today agreed to work together on a project to develop a naval base at the Assumption Island keeping each other's concerns in mind after talks between Prime Minister Narendra Modi and President Danny Faure. India also announced a USD 100-million credit to Seychelles for augmenting its defence capabilities. "With this credit, Seychelles will be able to buy defence equipment to boost its maritime capacity," Prime Minister Modi said in his joint media statement with Faure. On the project to develop a naval facility at the island, which would give India a strategic advantage in the Indian Ocean Region, Modi said, "We have agreed to work together on the Assumption Island project based on each other's rights." Faure, in his remarks, said the Assumption Island proj...
Global economy is healthy but growth will slow predicted by World Bank

Global economy is healthy but growth will slow predicted by World Bank

World
The steadily expanding global economy should remain resilient, at least for a couple of years, the World Bank has said. The anti-poverty agency predicts global growth will decelerate slightly from a solid 3.1 per cent this year to 3 per cent next year and 2.9 per cent in 2020. The world economy is generally healthy but must contend with rising interest rates in wealthier countries and weaker demand for commodities in developing nations. It also faces risks from trade disputes, financial volatility and geopolitical tensions. The World Bank predicts that US growth will register 2.7 per cent in 2018, aided by tax cuts, before slowing to 2.5 per cent next year and 2 per cent in 2020. China's growth is projected at 6.5 per cent this year, 6.3 per cent in 2019 and 6.2 percent in 202...
GovSat-1 Successfully Launched on SpaceX Falcon 9 Rocket

GovSat-1 Successfully Launched on SpaceX Falcon 9 Rocket

World
The GovSat-1 spacecraft was successfully launched into space today on board a flight-proven SpaceX Falcon 9 rocket at 4:25 PM EST from Cape Canaveral Air Force Station. GovSat-1 is the first satellite of GovSat, a public private partnership between the Government of Luxembourg and the world-leading satellite operator SES. The multi-mission satellite will be located at the 21.5 degrees East orbital slot, to serve governmental and institutional customers over Europe, the Middle East and Africa, and provide extensive maritime coverage over the Mediterranean and Baltic seas, and the Atlantic and Indian oceans. The highly flexible and resilient GovSat-1 payload features advanced security capabilities and uses dedicated frequencies in X-band and military Ka-band. GovSat-1 is equipped wi...