(MENAFN- UkrinForm) As many as 264 criminal offenses related to human trafficking were registered in Ukraine from February 24, 2022 to October 2023, with suspicion notices approved for 169 individuals.
The Ukrainian Interior Ministry said this in a post on Facebook , Ukrinform reports.
According to the ministry, over the past two years, Ukraine's National Police has stopped the activities of six organized groups of human traffickers. Members of these criminal groups stood trial.
During 2022-2023, 215 people were recognized as victims in criminal proceedings related to human trafficking, and 23 of them were children.
The Ukrainian Interior Ministry recalled that every year on December 2, the world marks the International Day of the Abolition of Slavery, the purpose of which is to eradicate modern forms of this crime, particularly human trafficking, sexual exploitation, the worst types of child labor, forced marriages, the sale of brides, widow inheritance, forced recruitment of children for further use in armed conflicts, etc.
The Convention for the Suppression of the Traffic in Persons and of the Exploitation of the Prostitution of Others was adopted at the 4th session of the UN General Assembly on December 2, 1949. In Ukraine, the document entered into force on February 15, 1955.
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 25. General Prayut
Chan-o-cha, Prime Minister of the Kingdom of Thailand has sent a
letter to President of Azerbaijan Ilham Aliyev on the occasion of
May 28 - Independence Day, trend reports.
On behalf of the Royal Thai Government and the people of the
Kingdom of Thailand, I have the honour to extend my sincere
congratulations to the Republic of Azerbaijan and her people on the
occasion of the national holiday of your country – the Independence
Thailand and Azerbaijan have enjoyed friendly relations for over
the past three decades. I am confident that our relations will be
further strengthened in all areas of mutual interest for the
benefit of our countries and peoples.
Accept, Excellency, the renewed assurances of my highest
consideration," the letter said.
Prime Minister of Georgia Irakli Garibashvili as sent a letter
to President of Azerbaijan Ilham Aliyev on the occasion of May 28 -
On the occasion of the Independence Day of the Republic of
Azerbaijan, I extend my warm regards and heartfelt congratulations
to you and the friendly people of Azerbaijan.
While taking this opportunity, let me note my deep appreciation
for your personal engagement and contribution to strengthening
partnership between Azerbaijan and Georgia. This year holds special
significance as Azerbaijan commemorates the remarkable legacy of
Heydar Aliyev, a visionary leader whose contributions continue to
shape nation's progress and development.
Let us embrace the bond of friendship and look forward to
further collaboration, which will undoubtedly yield even greater
achievements for our nations and peoples. Wishing you a joyous
celebration and a future filled with peace, progress and success.
May Azerbaijan continue to prosper and thrive," the letter
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(MENAFN) Output of aluminum ingot in Iran surged by 19 percent in the opening nine months of the ongoing Iranian calendar year (March 21-Decemebr 21, 2022), in comparison with the same span of time in the last year.
According to reports, the output of aluminum ingot reached an amount of 474,601 tons in the nine-month time span of this year, whereas the number stood at 398,610 tons in the same period of the last year.
Between the nations four main manufacturers, South Aluminum Corporation (SALCO) had the highest numbers in the opening nine months of the current year, outputting 203,231 tons of aluminum ingots, shadowed by Iranian Aluminum Company (IRALCO) outputting 132,394 tons, Almahdi Aluminum Company outputting 11,479 tons, as well as Iran Alumina Company outputting 27,497 tons of the product.
As shown by the figures earlier issued by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), output of aluminum ingot in Iran surged 20 percent throughout the last Iranian calendar year 1400 (closed on March 20, 2022), in comparison with its prior year.
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(MENAFN- Gulf Times) A Palestinian woman stabbed and wounded an Israeli man near an east Jerusalem flashpoint on Saturday, before she was arrested, police said.
They said in an English-language statement that the incident occurred next to the Old City's Damascus Gate, site of repeated past attacks.
It said that a ‘female Arab terrorist' stabbed the man, injuring him lightly.
The woman, a Jerusalem resident aged about 30, was arrested at the scene, police added.
The Old City is located in east Jerusalem, which was occupied by Israel in 1967 and later annexed in a move never recognised by the international community.
The July 14 killing there of two policemen by three Arab Israeli gunmen led to spiralling unrest after Israel responded by installing metal detectors at the entrance to the Al-Aqsa mosque complex, used as a staging point for the attack.
For nearly two weeks, worshippers refused to submit to the checks and staged mass prayers in surrounding streets.
Ensuing protests left six Palestinians dead.
The crisis abated when Israel removed the detectors but tension remains high.
A wave of unrest that broke out in October 2015 has killed 293 Palestinians or Arab Israelis, 47 Israelis, two Americans, two Jordanians, an Eritrean, a Sudanese and a Briton, according to an AFP toll.
Israeli authorities say most of the Palestinians killed were carrying out knife, gun or car-ramming attacks.
Others were shot dead during protests or clashes, while some were killed in Israeli air strikes on the Gaza Strip.
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(MENAFN- Daily News Egypt) A second Olympic Athlete from Russia has tested positive for a banned substance at the Winter Olympics. Nadezha Sergeeva, who finished 12th in the two-woman bobsleigh, tested positive for a heart medication.The Russian bobsleigh federation on Friday confirmed that Olympic Athlete from Russia (OAR) Nadezha Sergeeva had tested positive for a banned substance during the Pyeongchang Winter Games.
€œA doping test by the pilot of the Russian team Nadezhda Sergeyeva on February 18 gave a positive result for a heart medicine that is on the banned list,€ the federation said in a statement on its website, adding that a previous test on February 13 was negative. The statement did not say what substance had been detected, but Russia€™s TASS news agency quoted a member of the OAR delegation in South Korea, who said it was trimetazidine.
This was the second positive test for an Olympic Athlete from Russia, after Alexander Krushelnitsky, who won bronze in mixed doubles curling, tested positive for the heart medication meldonium. He and his wife and teammate, Anastasia Bryzgalova, were subsequently stripped of their bronze medals, which were then awarded to the Norwegians, who had finished fourth in the event.
Under a neutral flag
A total of 168 Russian athletes were approved by the International Olympic Committee (IOC) to compete in Pyeongchang under the OAR banner and a neutral flag. This came after the IOC suspended the Russian Olympic Committee late last year over evidence of state-sponsored doping, as outlined in a World Anti-Doping Agency-commissioned report.
The IOC has previously indicated that it could lift the suspension at the end of these Games, allowing the Russians to display their national flag at the closing ceremony. However, the IOC€™s position on the matter could change in light of the two positive OAR doping tests. The IOC is to meet to discuss the matter on Saturday.
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(MENAFN- The Peninsula) The Peninsula
Doha: The Ministry of Municipality, represented by Waste Management and Recycling Department, in cooperation with KidZania Doha, participated in the launch of a paper recycling station dedicated to children at KidZania Doha.
This cooperation aims to educate children about the importance of recycling, which contributes in reducing waste in order to preserve the environment, said the Ministry in a statement. Assistant Director of Waste Management and Recycling Department at the Ministry of Municipality Hassan Nasr Al Nasr and General Manager of Qatar Entertainment Company (Tasali) Victor Jabbour signed a cooperation agreement and inaugurated the paper recycling station.
On this occasion, Al Nasr said:“We believe that our partnership with KidZania provides a unique educational platform, not only educating children about our work, but also an important opportunity to support Qatar National Vision 2030 by increasing interest in learning.” For his part, Jabbour said:“KidZania is the world's leading brand in the fields of education and entertainment, and we believe that the best way to educate children is through role-playing and playing.
Through KidZania's unique business model, it will be able to interact with children and provide them with cognitive experiences that will have positively impact on their future.”
At the station, the children will assume the role of a recycling specialist, and they will also undergo training on the recycling mechanism and how to convert waste paper into new products, which will enhance their skills by assembling their own paper bags that can be 100% recycled and reusable.
KidZania is a place where children can freely explore a 5500 square meters child-sized city, where they can become firefighters, doctors, chefs or artists, and perform real-life tasks.
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(MENAFN) In a significant development, a United States court has dismissed Russia's sovereign immunity defense in the high-profile Yukos case, allowing for the enforcement of a USD50 billion award to the former shareholders of the defunct energy giant. The ruling, issued by the United States District Court for the District of Columbia, rebuffed Russia's request to declare the dispute outside the jurisdiction of any foreign court.
The Yukos case revolves around the collapse of the energy company in 2006, once owned by former oligarch Mikhail Khodorkovsky, following its failure to pay billions of dollars in back taxes. The court's decision, delivered on November 17 by Judge Beryl Howell, denied Russia's motion, filed in 2015, asserting that the dispute with former Yukos shareholders fell outside foreign court jurisdiction.
With the rejection of Russia's sovereign immunity defense, the case is now poised to proceed to the merits phase, determining whether the USD50 billion award issued in 2014 by the Permanent Court of Arbitration in The Hague should be enforced under the New York Convention.
The decade-long legal battle at the International Court of Arbitration found in 2014 that Moscow had violated international obligations by orchestrating the bankruptcy of Yukos in the early 2000s. The tribunal's ruling ordered Russia to pay USD50 billion in compensation to the former controlling shareholders of Yukos: Hulley Enterprises and Veteran Petroleum in Cyprus and Yukos Universal in the Isle of Man. While the Dutch Supreme Court later overturned the ruling, the recent United States court decision reopens the path for the enforcement of the substantial compensation award.
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Axon Down on Fairfax County Hookup
Axon (NASDAQ: AXON), the global leader in connected public safety technologies, today announced Fairfax County Police Department (FCPD), a Major City Chief's Association member, is utilizing Axon's latest community engagement tool, My90, as a part of a collaborative partnership.
My90 is a tool used to engage the public, collect feedback, and build trust following service calls. Using data and confidential feedback, agencies can take action and see the impact they are having within their communities.
Community members can provide valuable input, allowing agencies a platform to facilitate genuine community engagement to measure what's working well and what they can improve.
'My90 is a great way to engage with our community to better understand how the public feels about interactions with our agency,' says Chief Davis, Fairfax County Police Department. 'Since deploying a trial of My90, we have collected over 3,000 responses in just over two months. We have the opportunity to review these results to gain valuable feedback on an ongoing basis from people we have just served.'
Axon is a network of devices, apps and people that helps public safety personnel become smarter and safer. With a mission of protecting life, our technologies give customers the confidence, focus and time they need to keep their communities safe. Its products impact every aspect of a public safety officer's day-to-day experience with the goal of helping everyone get home safe.
AXON capsized $1.72, or 1.3%, to $130.42.
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(MENAFN- Jordan Times) HANOI - Vietnamese electric vehicle maker VinFast on Thursday reported a net loss of more than $2 billion in 2023 after missing its sales target, despite a 90 per cent increase in revenue.
The communist state's first homegrown car manufacturer is trying to crack the international market, aiming to compete with global EV giants such as Tesla.
VinFast said in a filing submitted to the US Securities and Exchange Commission that its total revenue in 2023 was $1.19 billion, up 91 per cent compared to the previous year.
But the firm also reported a net loss of $2.39 billion, up 14.7 per cent compared to 2022, after missing its EVs sales target.
"We saw favourable results in our business operations in the fourth quarter with strong revenue growth and improved profit margins," Anh Nguyen, Vinfast Chief Financial Officer said in a statement.
"We remain focused on enhancing investment performance and strengthening our balance sheet by reducing production and materials costs."
A total of 34,855 Vinfast EVs were delivered in 2023, accounting for $1.09 billion and up 111 per cent from the previous year - but that figure was short of VinFast's 50,000 target.
The filling said that Vinfast's gross loss was $551.6 million last year, with $174.9 million in the fourth quarter.
However, its revenue between October and December reached $436 million, a 26 per cent rise compared to the previous quarter.
The firm said it would raise its delivery target to 100,000 vehicles in 2024, and focus on penetrating other international markets beside the United States, Canada and Europe.
Vinfast announced Wednesday that it will begin building an EV factory in India's southern state of Tamil Nadu on 25 February, with capacity to produce 150,000 vehicles a year.
The firm also plans to invest at least $1.2 billion in Indonesia, where it plans to establish an EV factory, and has expressed intention to invest in the Philippines.
Vinfast listed on the Nasdaq in August, hitting headlines around the world as its valuation skyrocketed and then crashed.
The company's CEO is Pham Nhat Vuong, Vietnam's richest man and chairman of Vinfast's parent company Vingroup.
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(MENAFN- Pajhwok Afghan News)
KABUL (Pajhwok): The International Hospital Federation (IHF) has recognised the French Medical Institute for Mothers and Children (FMIC) as the gold winner of the Sultanate of Oman Excellence Award for Health Services in crisis.
The Kabul-based hospital has been awarded for the project“Reaching the Unreached: Harnessing Technology for Healthcare in Afghanistan.” It was given the award at the 44th IHF World Hospital Congress in Barcelona.
A statement from IHF said the award honoured the work of hospitals and healthcare institutions in crises from the COVID-19 pandemic to climate changes in developing countries.
The award committee recognised FMIC's project as a gold winner for its extraordinary services using e-health technology to address the necessities of patients living in remote areas of Afghanistan.
The patients lost access to healthcare because of COVID-19 and the ongoing insecurity. The e-health programme enabled the patients to benefit from teleconsultation, teleradiology, telepathology and e-learning opportunities for healthcare workers through advanced technology.
The technology links Aga Khan University Hospital in Karachi, Aga Khan Health Services in Khorog, Necker Hospital in France, Bamyan Provincial Hospital, Faizabad Provincial Hospital and Mirwais Regional Hospital in Kandahar to FMIC.
In 2020, the e-health programme facilitated 4,482 teleconsultations and 63 online training sessions for 869 participants, including nurses and doctors.
“This technological facility is a lifeline for Afghanistan and paves the way to provide access to patients across Afghanistan,” the statement added.
FMIC CEO Aziz Ahmad Jan said:“This award is achieved as a result of hard work and dedication of FMIC's team in difficult times.”
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( MENAFN - GlobeNewsWire - Nasdaq IN)DIANAPOLIS, July 22, 2021 (GLOBE NEWSWIRE) -- Apria, Inc. (the“Company” or“Apria”) (Nasdaq: APR) announced today that it will release fiscal second quarter 2021 financial results on Thursday, August 5, 2021 after the market closes. In conjunction, the company will host a conference call to review results at 5:00 p.m. (ET) on the same day.
Conference Call Details
The conference call can be accessed by dialing (833) 362-0207 for U.S. participants, or (914) 987-7676 for international participants, referencing conference ID # 5380517; or via a live audio webcast that will be available online at .
A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call, at the same web link, and will remain available for approximately 90 days.
Apria is a leading provider of integrated home healthcare equipment and related services in the United States, providing home respiratory therapy, obstructive sleep apnea treatment and negative pressure wound therapy. Its approximately 275 locations throughout the continental United States and Hawaii serve nearly 2 million patients each year. All of Apria's locations are accredited by The Joint Commission.
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(MENAFN- KNN India) New Delhi, Apr 4 (KNN) Electronica Finance Ltd (EFL), a Pune-based firm focused on lending to micro, small and medium enterprises (MSMEs), has secured a massive Rs 400 crore in an equity Series B funding round.
The investment was led by LeapFrog Investments, a prominent impact investor, along with participation from other investors like Aavishkaar Capital and US-based Encourage Capital.
This substantial injection of funds will significantly strengthen EFL's balance sheet and lay the foundation for accelerated growth and expansion in the coming phase. The newly raised capital will be strategically deployed to boost financing for MSMEs operating in India's high-potential manufacturing segment.
EFL caters to the credit needs of small businesses through a range of loan products including machine financing, rooftop solar installations, working capital loans, and microloans secured against property.
With a focus on semi-urban and rural regions, the company aims to drive sustainable financial inclusion.
Shilpa Pophale, Managing Director and CEO of EFL, highlighted the importance of this association with leading social impact investors like LeapFrog and Aavishkaar.
She stated, "This partnership will enable us to effectively support small manufacturing businesses, facilitating their growth while promoting resilient and low-carbon economic development."
The influx of Rs 400 crore in funding is set to provide a substantial boost to EFL's efforts in catering to the financing requirements of MSMEs in India's burgeoning manufacturing sector.
This strategic move aligns with the nation's broader goal of strengthening its manufacturing capabilities and enhancing its position as a global manufacturing powerhouse.
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Sunshine Hospitals: Kukatpally
Sunshine Hospitals is dedicated to bringing good health to the people. We strive to make our services available to as many people as possible and in this endeavour we have come to the busy area of Kukatpally.
Sunshine Endo Viz Hospitals, Kukatpally is promoted by Dr. A.V. Gurava Reddy and Dr. Nagarjuna Kumar and is a 25 bed facility with 2 fully functional Operation Theatres, ICU, 24/7 Emergency Department, Endoscopy Suites and other well rounded departments and infrastructure.
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(MENAFN- GlobeNewsWire - Nasdaq) EDEN PRAIRIE, Minn., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE), announced today that its third quarter 2021 financial results will be released on Tuesday, November 9, 2021. The company will host a conference call and webcast at 9:00 AM ET, during which management will discuss the company's financial results and provide a general business overview.
To access the live webcast, please visit the Investors page of the Nuwellis website at . Alternatively, you may access the live conference call by dialing (877) 303-9826 (U.S.) or (224) 357-2194 (international) and using conference ID: 1436426. An audio archive of the webcast will be available following the call on the Investors page at .
Nuwellis, Inc. (Nasdaq: NUWE) is a medical device company dedicated to transforming the lives of patients suffering from fluid overload through science, collaboration, and innovation. The Company is focused on developing, manufacturing and commercializing the Aquadex SmartFlow® system for ultrafiltration therapy. Nuwellis is headquartered in Minneapolis, MN, with a wholly-owned subsidiary in Ireland.
Chief Financial Officer, Nuwellis, Inc.
Matt Bacso, CFA
Gilmartin Group LLC
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(MENAFN- Kuwait News Agency (KUNA)) CAIRO, May 28 (KUNA) -- The Arab League on Sunday urged the international community to take serious action for halting Israelis' abuse of Palestinian children.
The appeal was made by Ambassador Haifaa Abu-Ghazala, the Assistant Secretary General for Social Affairs, in a statement during inauguration of the "the regional conference on grave violations against children in armed struggles," held via visual technology.
Abu Ghazala affirmed necessity to bring Israeli officials responsible for breaching children's rights to account, emphasizing that "this can only be attained with a solid international will and integrated efforts to prevent recurrence of more breaches."
She has affirmed significance of holding the convention at the current time where the Arab world is witnessing conflicts and humanitarian crises, along with catastrophes afflicting the children, alluding in particularly to mounting cases of child labor, coercive marriages at an early age, violence and unethical exploitation of the youngsters.
"We are quite aware that we are facing an enormous responsibility for protecting our children and securing a better future for them and this will require unifying our efforts as governments and regional and international organization sand other stakeholders in this respect," She said.
Abu-Ghazala has also opined that activating relevant legislations and laws is a main step for protecting the children from violence.
She concluded by expressing hope that she and her colleagues would cap the gathering with a task plan to protect children suffering from dire conditions in conflicts. (end)
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(MENAFN- Trend News Agency) GANJA, Azerbaijan, June 8. Nizami Ganjavi was a
poet of an entire epoch, Co-Chairman of the Nizami Ganjavi
International Center (NGIC) Ismail Serageldin said, trend reports.
Serageldin made the remark at an event dedicated to the study
and promotion of the values contained in the heritage of
prominent Azerbaijani poet of the 12th century Nizami Ganjavi,
being held in Ganja on the second day of the event themed
"Reconstruction, Reconciliation and Integration: Energy, Economy,
Environment and Equity" organized by NGIC.
"Currently, the world faces a lot of problems related to culture
and heritage. The works of Nizami Ganjavi, already then when they
appeared, illuminated an entire era with their light," he
Earlier, participants of the event have visited the mausoleum of
Over 30 foreign guests from various countries are participating
in the event. The participants include Co-Chairman of the NGIC
Ismail Serageldin, ex-president of Bulgaria Rosen Plevneliev,
ex-president of Croatia Ivo Josipovic, ex-president of Montenegro
Filip Vujanovic, 75th President of the UN General Assembly Vulkan
Bozkir, ex-director general of ISESCO Abdulaziz Altwaijri, and
former Prime Minister of Bosnia and Herzegovina Zlatko
Besides, former prime minister of Moldova Chiril Gaburici,
former prime minister of Malta Joseph Muscat, former minister of
the interior of Bosnia and Herzegovina Predrag Kurtes, former
deputy prime minister of Romania Ana Birchall, former deputy prime
minister of Georgia Eka Tkeshelashvili, UNESCO Goodwill Ambassador
Hedva Ser, President of the European Coalition of Cities against
Racism Benedetto Zacchiroli, President and CEO of the National
Committee on American Foreign Policy Susan Elliott and former vice
president of the World Bank Mats Karlsson are also among the event
The head of the Ganja City Executive Power Niyazi Bayramov is
taking part in the event as a speaker.
The first day of the two-day event was held in Shusha.
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(MENAFN- Kashmir Observer)
Srinagar- The Jammu and Kashmir government on Thursday ordered transfer and posting of six JKAS officers, while ACR Anantnag has been assigned additional charge of Chief Executive Officer Municipal Council Anantnag.
According to an order, Rakesh Kumar, JKAS, Deputy Secretary to the Government, Culture Department, is transferred and posted as Deputy District Election Officer, Reasi.
The order stated that Abdul Qayoom, JKAS, Deputy District Election Officer, Reasi, is transferred and posted as Deputy Secretary to the Government, Culture Department and Gurdev Kumar, JKAS, General Manager, DIC, Reasi, is transferred and posted as Deputy District Election Officer, Udhampur.
“Din Mohd, JKAS, Deputy District Election Officer, Udhampur, is transferred and posted as Deputy Secretary to the Government, Information Department, Naresh Kumar, JKAS, Deputy Director, Tourism, Jammu, is transferred and posted as Deputy District Election Officer, Kishtwar, vice Masood Ahmad Bichoo, JKAS, who shall await further orders of adjustment in the General Administration Department.”
It added that Abdul Jabbar, JKAS, Deputy District Election Officer, Poonch, is transferred and as posted as Deputy Director, Tourism, Jammu.
“Further, the officers who have been assigned duties relating to Amarnath Yatra-2022 shall join at their new places of postings after completion of Yatra,” the order reads.
Meanwhile, in a separate order, Assistant Commissioner Revenue Anantnag has been assigned the additional charge of CEO Municipal Council Anantnag.
“In the interest of administration, it is hereby ordered that Shoaib Noor, JKAS, Assistant Commissioner-Revenue, Anantnag shall also hold charge of Chief Executive Officer, Municipal Council, Anantnag, in addition to his own duties till further orders,” reads the order.
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(MENAFN- Khaama Press)
A very lucky German Shepherd named Gunther VI was the beneficiary of a trust which owned a nine-bedroom, eight-and-a-half-bath Miami estate once occupied by Madonna.
The waterfront home was passed on to Gunther by his inheritance, and now, after listing it for a whopping $31.75 million in November, the home has sold for $29 million.
The prestigious pup's wealth comes from the late German Countess Karlotta Leibenstein, who died in 1992 and willed her entire $80 million fortune to her beloved pooch, Gunther III - Gunther VI's grandfather - as she had no children or close relatives, according to several reports.
The humans who manage the dog's estate have amassed a fortune worth about $500 million dollars, and have invested Gunther's money in mansions and villas around the world.
When it came to selling his Miami mansion, Gunther entrusted real estate agent Ruthie Assouline, with The Assouline Team at Compass, to take the wheel.“We have sold countless multimillion-dollar homes but this one is definitely a first,” Ruthie told PEOPLE when the home first went on the market.“When the handlers initially told me a dog owned the property, I didn't believe it.” Sharefacebook twitter whatsapp linkedin email print tumblr telegram
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Chick-fil-A sandwiched in gay rights debate as sides are chosen
There is a new front in the culture wars: fast food chicken restaurants.
Anti-gay comments made by Chick-fil-A President Dan Cathy in a Baptist publication, as well as the national restaurant...
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(MENAFN- The Peninsula) QNA
Geneva: The State of Qatar took part in the opening session of the 75th World Health Assembly, which is being held under the theme 'Health for Peace, Peace for Health' in Geneva from May 22 to 28.
The delegation of Qatar was chaired by Minister of Public Health H E Dr. Hanan Mohammed Al Kuwari.
Sessions of the 75th World Health Assembly focus on a number of priorities, including urgent paradigm shift towards preventing disease and promoting health: economics of health for all; radical reorientation of health systems towards primary health care as the foundation of universal health coverage: the best and only choice to achieve universal health coverage; towards a new architecture for health emergency preparedness, response and resilience: 10 proposals for a safer world; behavioural sciences for better health; a healthy return: and investing in a sustainably-financed WHO.
During the opening session, World Health Organization Director-General Dr. Tedros Adhanom Ghebreyesus highlighted how the COVID-19 pandemic has turned the world upside down and that health workers have laboured under extreme circumstances. He cautioned that the pandemic is not yet over and that more needs to be done to support countries with the lowest vaccination coverage.
Throughout the 75th World Health Assembly, the Minister of Public Health H E Dr. Hanan Mohammed Al Kuwari and the Qatari delegation will participate in key sessions and contribute to decision-making on health goals and strategies that will guide countries' public health work and the work of the WHO Secretariat to move the world towards better health and well-being for all.
Meanwhile, Minister Dr. Al Kuwari met separately with Minister of Health of Algeria H E Abdel Rahman Bin Bouzid; Acting Minister of Health and Population of Egypt H E Dr. Khaled Abdel Ghaffar; Minister of Public Health of Lebanon H E Dr. Firas Al Abiad; and Minister of Health of Iran H E Bahram Eynollahi, on the sidelines of the 57th World Health Assembly, currently in session in Geneva.
The meetings reviewed the bilateral relations between the Qatar and Algeria, Egypt, Lebanon and Iran in various health fields; and discussed the urgent healthcare priorities in the region and the world and the efforts being made to improve healthcare services for all.
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Laman Ismayilova read more
Moscow Ethnography Library has hosted a book exhibition
dedicated to Azerbaijan.
The exhibition highlighted Azerbaijan's culture, history,
geography as well as prominent political and public figures, Azernews reports.
The event was organized under the auspices of the Azerbaijani
Youth Union of Russia.
As part of the event, the Union donated books about the
country's politics, economy, culture, literature and nature to the
library in order to open the Azerbaijan corner.
Speaking at the opening ceremony, chairman of the Azerbaijan
Youth Union of Russia Jeyhun Huseynov noted that the youth
association created by Vice-President of Heydar Aliyev Foundation
Leyla Aliyeva serves the purpose of spreading and promoting
Azerbaijani culture outside the republic.
"Today, we have presented the literature dedicated to our
country to the Ethnography Library, as well as the works of
Azerbaijani authors. The books dedicated to the life and activities
of the National Leader Heydar Aliyev have a special place among the
books donated to the library," Jeyhun Huseynov said.
General director of the association of cultural centers of the
Eastern administrative district Aleksandr Moskalyov spoke about the
long-standing cooperation with the Azerbaijani Youth Union of
"This is not our first joint event. Today, our friends donated
books about Azerbaijan to the Ethnography Library. This is a very
important book choice. Azerbaijan's culture is rich, ancient and
diverse, and it will be interesting for our readers to get to know
it," Alexander Moskalyov noted.
The book exhibition will last until June 5.
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(MENAFN- USA Art News)
There was an art thief on the prowl in Regent's Park last month. A series of playful signs in the Frieze Sculpture display by the artist duo John Wood and Paul Harrison had proved a hit with visitors to the London park. The work, 10 signs for a park (2022), was described as“a bit like the signs you see in a park. A bit not like the signs you see in a park”. Visitors were mystified, though, after one of the signs with the quirky message“You Are Reading These Words” was apparently stolen.
“It was bolted on [the pole]. On the one hand we thought it was quite funny or a kind of compliment; on the other hand we would have preferred it if they had nicked it on the last day,” the duo said. But all's well that ends well.“It was found eventually [and] an old friend retrieved it, though it was badly damaged. I think he's going to put it in his garden, which we're more than happy about,” quipped a jubilant Wood and Harrison.
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Heads of Arab parliaments says Trump's decision on Jerusalem void, null
(MENAFN- Kuwait News Agency (KUNA)) RABAT, Dec 14 (KUNA) -- Heads of Arab parliaments concluded their meeting late Thursday, considering US President Donald Trump's decision to recognize Jerusalem as Israel's capital as "null and void".
The conferees issued a final communique in which they also expressed their denouncement of Trump's decision to relocate his country's embassy to the holy city.
They further voiced their absolute rejection of changing the historical, legal and political status of Jerusalem.
The top lawmakers announced that the United States has become no longer a peace sponsor as it violated the international legitimacy and law, and chose to be an adversary rather than a mediator as it should have been.
They affirmed that Jerusalem is the capital of Palestine, calling on all Arab governments and institutions to activate practically this resolution.
The conferees decided to form a parliamentary committee to be in contact with the European Union and its geopolitical parliamentary groups as well as regional and continental parliaments to tell them about repercussions of Trump's move on the peace process in the Middle East region.
They agreed to make all efforts to set up a headquarters of the Palestinian Legislative Council in the city of Jerusalem.
They reiterated their support for the Palestinian people's right to resist and combat the Israeli occupation in order to obtain all their rights like the right of return and the right of setting up an independent Palestinian state based on the 1967 borders with East Jerusalem as its capital, according to the communique.
The speakers of Arab parliaments expressed their strong rejection of the US Administration's move not to renew the license of the Palestine Liberation Organization's office in Washington, calling for receding this step.
Finally, they extolled efforts by the Moroccan King as Chairman of Al Quds Committee aiming to defend and protect the holy city, its monuments, heritage and Arabic status. (end) mry.hm
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(MENAFN) On Thursday evening, an American company's Boeing 747 cargo plane, operated by Atlas Air, undertook an emergency landing in Miami after experiencing an engine failure shortly after take-off, as reported by the company to AFP on Friday.
An Atlas Air spokesperson issued a statement confirming the incident, stating that the aircraft "landed safely after experiencing an engine failure after take-off." The crew diligently executed all approved safety procedures, ensuring a secure return to Miami Airport. The airline has committed to conducting a thorough investigation to ascertain the root causes of the engine failure.
The US Civil Aviation Regulatory Agency has also acknowledged the occurrence of the accident, disclosing its intention to initiate investigations into the incident. A report on the agency's website detailed an examination conducted after the flight, revealing "a hole the size of a baseball above engine No. 2."
Further, the National Transportation Safety Agency has commenced its investigation, emphasizing its role in gathering information to assess the scope and depth of the inquiry that will be launched. The incident, which transpired on a flight destined for Puerto Rico, underscores the critical importance of comprehensive investigations to ensure the safety and integrity of air travel.
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(MENAFN- Trend News Agency)
BAKU, Azerbaijan, November 25 . The price of
Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater
Gunashli (ACG) field, grew by 12 cents on November 24 compared to
the previous price, amounting to $86.9 per barrel, trend reports on
November 25 referring to the source from the country's oil and gas
The price of Azeri LT FOB Ceyhan on November 24 amounted to
$83.58 per barrel, up by four cents as compared to the previous
Azerbaijan also sells its URALS oil from the Russian Black Sea
port of Novorossiysk, delivering it through the Baku-Novorossiysk
The price of URALS with shipment from the port equaled $52.86
per barrel on November 24, increasing by 27 cents as compared to
the previous price.
Meanwhile, the cost of a barrel of Brent Dated oil, produced in
the North Sea rose by 17 cents compared to the previous price and
made up $85.49 per barrel.
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By Ayya Lmahamad
Azerbaijan continues implementing support measures and programs to mitigate the impact of the coronavirus pandemic on economy and businesses.
The country has introduced significant benefits for taxpayers working in areas affected by the pandemic are provided with significant benefits, according to the State Tax Service.
Thus, taxpayers whose businesses have been affected by COVID-19 are completely exempt from property and land taxes, and have been given tax breaks of 75 percent of their income.
Moreover, for individuals who rent real estate, the rental rate has been reduced from 14 to 7 percent.
The deadline for the payment of income taxes for taxpayers, and those who are not micro-entrepreneurs engaged in the affected areas have been extended to September 1, 2020.
Additionally, the deadline for filling a simplified tax declaration by micro-entrepreneurs for the first and second quarters of 2020, has been extended to September 1, 2020.
On August 19, a new version of the "Program for compiling a declaration" was launched, which enables taxpayers operating in areas affected by the pandemic to submit electronic "tax returns, with the application of appropriate benefits and exemptions," "land tax returns" and "income tax returns to tax authorities.
Currently, work is under way to record benefits and exemptions when compiling declarations for other payments, including value added tax, income tax and property tax in electronic form. In the near future, the electronic form of these declarations will also be available to taxpayers.
Earlier, it was reported that as part of the second phase of financial support program to businesses, AZN 50.38 million ($29.6M) have been transferred to the bank accounts of 22,603 taxpayers affected by coronavirus pandemic as of August 19. Some 228,175 employees are among those receiving the financial aid.
The number of employees covered by the second phase of the financial support program is by 112,177 more than the number of employees who received funding in the first phase, due to the increase in the number of employees who signed employment contacts as a result of transparency.
Earlier, it was reported that legal entities and individual entrepreneurs in Azerbaijan operating in the spheres negatively affected by the COVID-19 will be exempted from rental payment for the period of nine months.
Thus, according to the amendment, legal entities and individual entrepreneurs operating in the spheres negatively affected by the coronavirus pandemic in the territory of Azerbaijan, except for legal entities controlled by the state, the rent established in accordance with regulation will not be charged from April 1, 2020 till January 1, 2021.
Follow us on Twitter @AzerNewsAz
- #STATE TAX SERVICE
- #MICRO ENTREPRENEURS
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The skylark is one of the best singers in the bird world Vincent Legrand
The skylark has lived with humans in open agricultural landscapes for centuries. However, the industrialisation of agriculture has been threatening the skylark's existence for decades, says BirdLife Switzerland, which has named it Swiss Bird of the Year for 2022.
This content was published on November 25, 2021 - 16:45 November 25, 2021 - 16:45 Keystone-SDA/ts
As Bird of the Year, the skylark should also stand for other threatened species in cultivated land and point to a necessary reorientation of agricultural policy, the organisation saidExternal link on Thursday.
“Although small and inconspicuous, the skylark is one of the best and most persistent singers in the bird world,” it said.“In spring, it flutters for minutes over fields and meadows, warbling almost non-stop. The male uses his singing skills to win a female.”
The skylark is a ground-breeder. In April the female lays four to six eggs which hatch in 12 days on average. The young birds leave the nest after seven to 12 days – one of the shortest breeding and nesting periods among birds.
But this is no longer enough for safe broods, BirdLife Switzerland said. Skylarks now struggle to find safe breeding places and enough insects and spiders for their young. This is down to heavily fertilised meadows, frequent mowing and thus fewer flowering plants and insects.
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(MENAFN) Oil prices continued their upward trajectory on Wednesday, driven by mounting apprehensions surrounding the availability of supplies following Ukrainian attacks on Russian refineries. Additionally, the looming possibility of an escalation of conflict in the Middle East added to the market's anxieties. Despite these factors, the OPEC+ coalition's senior ministers opted to maintain the current oil production policy, keeping cuts unchanged.
In terms of price movements, Brent crude futures for June delivery experienced a notable increase of 75 cents, equivalent to 0.84 percent, reaching USD89.67 per barrel by 11:30 GMT. Similarly, US West Texas Intermediate crude futures for May delivery climbed by 73 cents, or 0.86 percent, reaching USD85.88 a barrel.
The decision by the OPEC+ alliance, comprising the Organization of the Petroleum Exporting Countries (OPEC) and its allies, to uphold the existing oil production policy follows last month's agreement to extend the current production cuts until June. The sustained high prices reflect the market's response to these geopolitical tensions and supply concerns.
Notably, both Brent and West Texas Intermediate crude oil surged by 1.7 percent in the previous session, reaching their highest levels since October. Tuesday's price surge was largely precipitated by a Ukrainian drone attack on another Russian refinery, heightening fears of further disruptions to Russia's refining capabilities.
As geopolitical uncertainties persist and supply disruptions remain a significant concern, market participants continue to closely monitor developments in the oil market, with any escalation in geopolitical tensions likely to exert further upward pressure on oil prices.
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(MENAFN- Colombo Gazette)
Amnesty International has raised concerns over the Sri Lankan Government's continued use of its draconian anti-terror law, the Prevention of Terrorism Act (PTA), despite repeated assurances to repeal the legislation, while ignoring calls to issue a serious moratorium against its use.
Amnesty noted that 4 persons, Mohamed Asfer Mohamed Anas, Mohamed Jusair Abdul Hameed Jabir, Mohamed Azeez Abu Bakr Siddique, and Rawutar Naina Asnar Marrikar were arrested by the Sri Lankan Police on 18 May 2023 for charges under the Penal Code and the PTA in connection with the 21 April 2019 bombings.
“As we have raised our concerns before, the PTA facilitates arbitrary arrests and prolonged detention without trial. The law has been used time and time again to target minorities, without any fair or due process safeguards, including against extracting confessions under torture and duress,” Amnesty International said.
According to information provided by the Police to the Fort Magistrate, the authorities intend to record statements from at least 4 more persons who we fear may also be subjected to arrests under the PTA.
“These are worrying developments especially in a context where the Government is hoping to bring in a new Anti-Terrorism Act which, amongst other issues, seeks to further expand the definition of what constitutes an act of terror,” Amnesty International said.
Amnesty said that those arrested must be immediately released or if credible evidence persists, they must promptly be charged with an internationally recognisable crime using fair trial standards.
The human rights group also urged the Sri Lankan Government to ensure investigations into the 21 April 2019 bombings are conducted promptly and impartially in line with international human rights standards. (Colombo Gazette)
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(MENAFN- Khaleej Times) Amazon, Google and now Apple... as the list of digital giants hit by the "Spectre" and "Meltdown" computer security flaws grows longer, the race is on to limit the damage.
"All Mac systems and iOS devices are affected, but there are no known exploits impacting customers at this time," Apple - whose devices are usually regarded as secure - said in a post on an online support page on Thursday.
Almost all microprocessors produced over the past 10 years by Intel, AMD and ARM are affected. No PC or mobile device can function without the miniature components that are effectively nerve centres for executing computer programmes and apps.
And that is what distinguishes them from previous security alerts that have tended to involve software rather than hardware.
In theory, Spectre and Meltdown could enable a user to "access kernel level memory access, exposing critical information that would be stored there, like system passwords," said Chris Morales, head of security analytics at Vectra.
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German stocks fall 1.49 at beginning of trading on Monday
(MENAFN) On Monday, Sep. 20 German stocks went off to a bad beginning, with the benchmark DAX index decreasing 230.67 points, or 1.49 percent, starting at 15,259.5 points.
The greatest winner amongst Germany's 30 biggest listed firms was housing firm Deutsche Wohnen, rising 0.38 percent, followed by powertrain firm Vitesco Technologies declining 0.26 percent and pharmaceutical firm Merck with a minus of 0.36 percent.
Shares of Deutsche Bank declined by 4.29 percent. The German financial institute was the greatest loser at the beginning of trading on Monday.
The Federal Statistical Office (Destatis) declared Monday that German producer prices of developed products last month expanded by 1.5 percent during the prior month and surged 12 percent year-over-year, the highest rise in comparison with the same month of the preceding year since December 1974.
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(MENAFN- Caribbean News Global)
Codeshare between London Heathrow and Seoul Incheon to launch this Saturday, 25th March. Agreement will be expanded to include further destinations in Asia and Australasia from June. With Virgin Atlantic's recent enrolment into the SkyTeam alliance, customers will be able to earn and redeem Virgin Points and take advantage of SkyPriority benefits.
LONDON, England – Virgin Atlantic has announced a new codeshare agreement with Korean Air, offering customers more opportunities to fly seamlessly to South Korea and beyond.
The first phase of the agreement, which launches on 25 March, will allow customers booking through Virgin Atlantic the opportunity to travel directly to Incheon Airport, in South Korea's capital, Seoul. By June customers will be able to connect onwards from Seoul to a variety of destinations throughout Japan, Vietnam, Hong Kong, Australia, and New Zealand.
The codeshare with Korean Air is a first step towards Virgin Atlantic's entry to Seoul and is set to enhance the airline's network in Asia. From May, services to Shanghai, China will resume, alongside an expanded codeshare with IndiGo throughout India and beyond.
Korean Air is one of the founding members of the SkyTeam alliance, of which Virgin Atlantic joined earlier this month. Virgin Atlantic Flying Club members will be able to take advantage of SkyPriority services at Seoul Incheon, including priority check-in, baggage handling and boarding.
Juha Jarvinen, chief commercial officer at Virgin Atlantic, commented:
“We're pleased to launch a codeshare with Korean Air, as we know such agreements bring an array of benefits to our customers. As one of Asia's major carriers, Virgin Atlantic customers can benefit from its extensive route network, that will offer more choice throughout Asia and Australasia.
“Our enrolment into SkyTeam, of which Korean Air is a founding member, enhances customers benefits further. Our Flying Club members can enjoy SkyPriority benefits at both London Heathrow and Seoul Incheon as well as earning and redeeming miles across Korean Air's network.”
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Iran’s production of iron ore pellet surges 21 percent in Q1
(MENAFN) Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) declared that manufacture of iron ore pellet in Iran surged by 21 percent in the first 3 months of the ongoing Iranian calendar year (March 21 – July 22), in comparison to the same span of time in the last year.
IMIDRO stated that over 11.351 million tons of iron ore pellets were manufactured in the opening 3 months of the current year, whereas the number stood at 9.37 million tons in the same period of the past year.
As mentioned in reports, Golgohar Mining and Industrial firm was the biggest manufacturer of pellets throughout the first quarter span of time with 3.332 million tons of outputs, shadowed by Middle East Mines and Mineral Industries Development Holding Company (MIDHCO) with 1.858 million tons, Sangan Mining Industries firm with 1.315 million tons, Chadormalu Mining and Industrial firm with 1.184 million tons, Opal Parsian Sangan Industrial and Mining firm with 953,090 million tons, as well as Sabanour Mining and Industrial Development firm with 132,713 tons.
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Open Forum: Best practices
The Boy Scouts are a positive force in the lives of youth and community. Our programs create a safe environment for more than 4,500 children in our local Scouting program to develop high moral…
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(MENAFN- Colombo Gazette) /wp-content/uploads/2018/01/Chitranganee-Wagiswara.jpg">Sri Lanka's High Commissioner to India Chitranganee Wagiswara has advised the Governments of India and Sri Lanka discuss the fisheries issues, the ANI news agency reported.
Wagiswara's statement comes days after Colombo said the Fisheries and Aquatic Resources (Amendment) Bill would be detrimental to the traditional fishing rights of Indians.
"Fisheries issue is something for which we need to talk to each other. We have to speak to each other and have fisheries talks. Our fisheries ministers visit each other and a joint working group is discussing how to sort this issue," the Sri Lankan envoy told ANI.
Meanwhile, Managing Director, Sri Lanka Tourism promotion bureau, Sutheash Balasubramanian told ANI "Fisheries issues are different we need to talk each other. Fishermen from Tamil Nadu area coming for fishing in our territory naturally our fishermen are issue over it and their livelihood as well."
"Solution is to talk to each other to see how we can sort out the issue and hope we do it soon," he added.
On Jan 26, Minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera said, "Sri Lankan parliament has approved the amendments (to the Foreign Fisheries boats Regulation Act) to increase fines on foreign vessels poaching in the country's waters.
The draft Bill for amending the Fisheries Act No 59 of 1979 (Foreign Fisheries boats Regulation Act) was presented in Parliament for approval on Jan 24. The Act aims to prevent illegal fishing activities in the Sri Lankan waters and protect the fisheries and aquatic resources of the country's coastal belt. (Colombo Gazette)
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(MENAFN- Orient Planet) DUBAI, UNITED ARAB EMIRATES, 18 August, 2021 -The United Arab Emirates (UAE), one of the 192 member countries within the Universal Postal Union (UPU), is participating in the 27th Universal Postal Congress held in Abidjan, Cote Ivoire. His Excellency Abdulla Mohammad Alashram, Group Chief Executive Officer of Emirates Post Group is leading the delegation to the Congress which is running until the 27th of August 2021.
The UAE serves as one of the four Vice-Chairman of the Congress, chosen according to the criterion of equitable geographical distribution. This is in addition to its position and role as Vice-Chairman of the General Policy and Management of the Work of the Postal Union, in accordance with the regional handling framework.
The Congress will witness the adoption by UPU member states of the "World Postal Strategy" - a roadmap for the union's new business cycle starting in 2022. The Congress is also set to elect the next UPU Director-General and deputy director general, as well as members of the UPU’s Council of Administration and Postal Operations Council for the 2021-2024 period. In addition, this event also seeks to promote the adoption of new rules and the development of policies on international exchange of postal items. Plenipotentiaries will also discuss and define how the postal sector will assist economic and social development in the future.
During his speech in the opening session of the Congress, H.E. Alashram expressed his appreciation to the Côte d'Ivoire government for hosting the event amidst the difficulties caused by the continuous spread of the Covid-19 virus.
His Excellency remarked: “Postal services play a vital role in our communities, evident during the onset of the recent global pandemic, as we continued to be a key service provider to our nations. Despite the disruption faced by the health crisis, the postal industry was able to withstand the challenges and turn them into opportunities, adopting digitization and keeping pace with the rise of eCommerce. We are confident that conversations and deliberations during this Congress as well as our continued commitment to enhance cooperation with stakeholders will pave the way for transformation and drive progress within the postal industry.”
His Excellency concluded his speech by inviting participating government representatives, ministers in charge of the postal sector, chiefs of regulatory authorities, heads of intergovernmental agencies, and other high-level representatives to visit the Dubai Expo 2020 scheduled to commence in October 2021.
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(MENAFN- Bangladesh Monitor)
Dhaka : Turkish Airlines has resumed its free stopover service in Istanbul for Bangladeshi passengers following a halt due to the coronavirus pandemic.
Effectively immediately, Bangladeshi passengers who have transit duration between two flights lasting 20 hours or more on Turkish Airlines' flights can enjoy the free stopover service in Istanbul.
Passengers can enjoy complimentary hotel stay of one night in a four-star hotel for Economy Class and two nights in a five-star hotel for Business Class, the airline said in a notice.
The free accommodation facility is available for round-trip tickets. However, visa fees, the cost of travel around the city, and between the airport and hotel are to be borne by the passenger.
Departure and return country of the round trip must be the same for a stopover to apply. Hence, for passengers departing Bangladesh, the return country of the round trip must be Bangladesh too to avail this offer.
The offer is available for passengers departing Bangladesh and arriving to USA, Canada, Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, UK and Ireland.
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(MENAFN- Bangladesh Monitor) Dhaka: This Ramadan guests can enjoy The Westin Dhaka's exquisite Iftar offerings from the comfort of their homes. Chef Rimoun Obaid along with The Westin Dhaka's culinary team presents many mouth-watering Iftar favourites in three premium Iftar boxes – Silver, Gold and Platinum. All the Iftar dishes are thoughtfully selected and each box is meant to be shared by two persons.
All the platters come with fresh juice, saffron jalebi and fresh fruits. Some of the other signature items are faluda, saffron lassi, assorted kebabs, shahi haleem, mutton ouzi, nehari, shahi tukra and chicken dum biryani. Other signature add-ons that are available are beef tehari, prawn tempura, lamb shank, hilsha fish fry and premium stuffed dates.
The price of the boxes are: Silver – BDT 4500 net, Gold – BDT 6000 net and Platinum – BDT 7500 net.
Guests can also avail Buy One Get One offers with selected cards.
All the iftar boxes and add-ons can be delivered to a location of choice in Dhaka with The Westin Dhaka's own delivery system; a reasonable delivery charge is applicable. Takeaways are also available.
All orders for same day deliveries are suggested to be placed before 12 pm in order to avoid late deliveries.
Also considering the current pandemic situation, all safety measures are taken so that maximum hygiene standards are maintained for preparing and delivering the Iftar dishes to each guest's home in the capital.
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(MENAFN- Khaleej Times) The Indian rupee depreciated 22 paise to 74.36 against the US dollar (20.26 against the UAE dirham) due to a moderate trend in Indian stocks at the opening from the market on Thursday.
In the Indian interbank market, the rupee opened on a low note at 74.28, then fell further to 74.36 against the dollar, recording a decline of 22 paise since the last close.
“While the scarcity of some commodities affects the United States, the United Kingdom and China, its effects can be seen on emerging market currencies and to some extent on equities,” said Anil Kumar Bhansali, head of treasury at Finrex Treasury Advisors.
The dollar index, which measures the strength of the US dollar against a basket of six currencies, fell 0.05% to 94.29.
Bhansali said that “the US dollar has climbed 60 paise in two days and the rupee still seems vulnerable to whims.”
On the Indian stock market front, the 30-stock BSE Sensex was trading at 49.18 points, or 0.08%, at 59,364.09. The broad NSE Nifty was trading at 20.85 points, or 0.12%, at 17,690.45.
(with PTI entries)
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Weatherford signs deal for drilling rig operations sale in Mideast
(MENAFN) Weatherford was declared to have inked a deal with ADES International Holding were for putting its land drilling rig operations for sale in Algeria, Kuwait and Saudi Arabia.
The leading oilfield service firm has also signed the agreement for the sale of two idle land rigs in Iraq at a value of USD287.5 million.
The transaction consists of 31 land drilling rigs and related drilling contracts, along with roughly 2,300 employees and contract personnel.
President and chief executive officer of Weatherford Mark A McCollum stated "we are pleased to have signed an agreement with ADES, a company that is known for providing high quality and efficient services with an extensive track record of serving leading regional and global oil and gas customers."
McCollum added "ADES is acquiring an efficient fleet of land drilling rigs and a dedicated workforce with more than 60 years of experience in delivering drilling efficiency, operational excellence, and first-class safety. It was very important to us to find a buyer who will continue to provide the same level of service quality, safety and dedication to customers in this region."
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(MENAFN) The University of Michigan's consumer survey final results released on Friday revealed that the index of consumer sentiment in the US declined in March, marking the first decline in four months. The index dropped a massive five points to 62.0 in March, from 67.0 in February. According to Surveys of Consumers Director Joanne Hsu, "This month's turmoil in the banking sector had limited impact on consumer sentiment, which was already exhibiting downward momentum prior to the collapse of Silicon Valley Bank." She added that "overall, our data revealed multiple signs that consumers increasingly expect a recession ahead."
The index of current economic conditions also decreased by 4.4 points to 66.3 in March, down from 70.7 in February. Meanwhile, the index of consumer expectations plummeted by 5.5 points to 59.2 from 64.7 during the same period.
Hsu also noted that year-ahead inflation expectations receded from 4.1 percent in February to 3.6 percent, the lowest reading since April 2021. The decline in inflation expectations suggests that consumers may be becoming more cautious about spending, as they anticipate lower prices in the future.
The decline in consumer sentiment reflects growing concerns among consumers about the state of the economy and the potential for a recession. The ongoing COVID-19 pandemic, rising inflation, and supply chain disruptions have all contributed to a sense of uncertainty and volatility in the economy, which may be dampening consumer confidence.
The decline in consumer sentiment is a cause for concern, as consumer spending makes up a significant portion of the US economy. If consumers become more cautious about spending, it could lead to a slowdown in economic growth. Policymakers and business leaders will need to monitor consumer sentiment closely and take steps to address any underlying issues that may be contributing to the decline in confidence.
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(MENAFN) The Mashhad Chamber of Commerce, Industries, Mines, and Agriculture, located in northeastern Iran, is set to host an Iran-Turkmenistan business forum on June 17, according to an announcement on the portal of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA). The forum is being organized by the Iran-Turkmenistan Joint Chamber of Commerce, with the primary objective of enhancing economic cooperation between the private sectors of the two nations.
The upcoming business forum serves as a significant platform for fostering productive discussions and face-to-face interactions between economic operators and business representatives from Iran and Turkmenistan. With a focus on strengthening bilateral trade ties, the forum is expected to facilitate fruitful negotiations, provide valuable networking opportunities, and pave the way for future collaborations.
By bringing together key stakeholders and industry experts from both countries, the business forum aims to promote mutually beneficial partnerships and explore new avenues for economic growth. It serves as a testament to the commitment of both Iran and Turkmenistan to deepen their commercial relations and tap into the untapped potential of their respective markets.
The forum holds immense potential for enhancing trade volumes and diversifying the range of traded goods and services between Iran and Turkmenistan. It will allow participants to discuss market trends, exchange valuable insights, and identify potential areas of cooperation. Through direct engagement, business representatives can establish valuable connections, forge new partnerships, and explore joint ventures that can contribute to the economic development of both nations.
The event also highlights the crucial role played by chambers of commerce in promoting international trade and fostering business partnerships. As an influential entity in the business ecosystem, the Mashhad Chamber of Commerce, Industries, Mines, and Agriculture is taking proactive steps to facilitate cross-border business interactions and create an enabling environment for commercial growth.
Overall, the Iran-Turkmenistan business forum in Mashhad represents a significant milestone in the efforts to strengthen economic ties between the two countries. By encouraging private sector engagement, the forum is poised to unlock new trade opportunities, foster innovation, and foster sustainable economic cooperation. Through such initiatives, Iran and Turkmenistan aim to forge enduring partnerships that will contribute to their shared prosperity and economic advancement.
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(MENAFN) Tunisian farmer Mondher Mathali reviews a sea of swaying golden wheat as well as revs his syndicate harvester, a rumbling beast from 1976 which he worries could break down at any minute.
Since the Ukraine conflict sent worldwide grain costs surging, import-reliant on Tunisia has announced a push to surge all its own durum wheat, the basis for regional staples like couscous in addition to pasta.
The small North African nation, like its neighbors, is putting all work to stop food deficiencies and social unrest – but for farmers on the sunbaked plains north of Tunis, even the basics are problematic.
Mathali stated that “I’d love to buy a new combine harvester, but I could only do it with help from the government.”
He thinks that his out-of-date machine trashes nearly a third of the share. With spare parts hard to find, he worries a collapse could charge him his entire harvest.
But even a second-hand replacement would charge him an indescribable sum: USD150,000, he stated that “Our production and even the quality would go up by maybe 50 percent, even 90 percent” adding “But our situation is getting worse and the state isn’t helping us.”
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Release Of 30 Palestinians, 10 Israeli Hostages Tuesday Night: Qatar
(MENAFN- Gulf Times) 30 Palestinian civilians will be released Tuesday in exchange for the release of 10 Israeli hostages from Gaza, Dr. Majed Al Ansari, the official Spokesperson for the Qatari Ministry of Foreign Affairs said Tuesday.
Those released from Gaza include a minor, nine women, an Austrian citizen, two Argentinians and a Filipina citizen, Dr. Al Ansari wrote on X. Palestinians released from Israeli prisons include 15 minors and 15 women, he added.
The hostages are handed over to the International Committee of the Red Cross, a Palestinian official said.
Hamas is expected to release at least 10 hostages on Tuesday under the terms of the truce agreement.
According to the Palestinian Prisoner's Club, a semi-official organisation, Israel in return is expected later on Tuesday to free 30 Palestinian detainees - 15 women and 15 men.
The Israeli military said on Tuesday that 12 hostages who were held in Gaza - 10 Israelis and two foreign nationals - were on their way to Israeli territory, based on information it had received from the Red Cross.
Hamas had released 50 Israeli hostages as of Monday night as well as 19 foreigners, mostly Thai farmworkers. Israel has so far released 150 prisoners prior to Tuesday's moves.
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(MENAFN- Saudi Press Agency)
Jeddah, Ramadan 13, 1439, May 29, 2018, SPA -- The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the session held by the Cabinet at Al-Salam palace in Jeddah on Tuesday evening.
At the outset of the meeting, the Custodian of Two Holy Mosques briefed the Cabinet on the outcome of his meeting with the GCC secretary general Dr. Abdullatif bin Rashid Al-Zayani during which a number of issues taking place at the Arab Gulf region were reviewed.
In a statement to the Saudi Press Agency (SPA) following the meeting, Dr. Awwad bin Saleh Al-Awwad, Minister of Culture and Information, explained that the Cabinet reviewed a host of reports on different issues as well as the developments of incidents, and lauded the relief efforts being exerted by King Salman Center for Humanitarian Aid and Relief (KSrelief) during the holy month of Ramadan, offering Ramadan foodstuffs to needy brothers in Yemen, the inflicted in Syria, the Syrian refugees and the displaced in Lebanon and Jordan, the drought-hit in The Sudan, the needy in Somalia and Myanmar, the Mekunu-cyclone-stricken people and the Rohingya refugees in Bangladesh, totaling tens of thousands of Ramadan food baskets aiming to mitigate the humanitarian crises they are facing.
The Cabinet confirmed that the support and assistance being provided by the Kingdom emanates from its feeling of shouldering the responsibility of standing by the side of whoever was subject to humanitarian crisis, extending support and assistance bridges to the needy communities and countries, a position that upgraded the Kingdom to stand up in the forefront of the world's humanitarian and developmental providers, noting in this regard, that the humanitarian, developmental and social assistance the Kingdom has extended to the Palestinian brotherly people from 2000 to 2018 worth more than $ six billion, embodies the keenness of the Kingdom to provide all forms of assistance and support for the Palestinian people since its unification in confirmation to the deep-rooted ties binding the two peoples of the Kingdom and Palestine.
00:05 LOCAL TIME 21:05 GMT
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(MENAFN) Based on official data from the Turkish Electricity Transmission Corporation (TEIAS) on Sunday, regular electricity consumption in Turkey fell 3.39% on Saturday from the previous day, standing at 880,941 megawatts per day. hour.
According to TEIAS fugues, hourly power consumption reached 41,090 megawatts per hour as of 3:00 p.m. regional time (1200 GMT). As of 07:00 regional time (0400 GMT), the country’s electricity consumption fell to the all-time low of 29,732 megawatts per hour.
On Saturday, power generation totaled 873,303 megawatts per hour, down 3.38% from the previous day.
Natural gas plants accounted for 18% of total electricity generation, while imported coal plants and wind power plants accounted for 16.5% and 15.6% respectively.
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(MENAFN- Asia Times) The Chinese economy's sheer size and rapid growth are impressive.
China maintained one of the highest economic growth rates in the world for more than a quarter of a century, helping lift over 800 million people out of poverty in just a few decades.
The country is the largest exporter in the world and the most important trading partner of Japan, Germany, Brazil and many other countries. It has the second-largest economy , after the United States, based on the market exchange rate – and the largest of all based on purchasing power .
And yet the yuan still lags as a major global currency. The war in Ukraine, which started in February 2022, may change that.
As a professor of finance and expert on international finance , I understand how this geopolitical conflict may put China's currency on the next phase of its path to becoming a global currency – and prompt the onset of the decline of thedollar from its current dominance .
Chinese yuan's slow progress
China has long wanted to make the yuan a global force and has mounted significant efforts to do so in recent years.
For example, the Chinese government launched the Cross-Border Interbank Payments System , or CIPS, in 2015 to facilitate cross-border payments in yuan. Three years later, in 2018, it launched the world's first yuan-denominated crude oil futures contracts to allow exporters to sell oil in yuan.
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The names of the clubs have not been made public, but Swiss public radio, SRF, said in July that nine clubs from the Super League and the Challenge League – the two highest Swiss football leagues – are involved. Keystone / Urs Flueeler
Several professional football clubs in Switzerland that received extra funds for Covid-related losses during the pandemic must reimburse CHF4 million to the federal authorities.
This content was published on September 30, 2022 - 11:47 September 30, 2022 - 11:47 RTS/sb
The Federal Office of Sport said this summer that top clubs had received around CHF10 million ($10.3 million) too much in state aid during the pandemic - CHF6 million for 2020 and around CHF4 million for 2021.
During the crisis, the federal authorities supported Swiss sport to the tune of CHF500 million 'to avoid a weakening of the structures of Swiss sport”.
On Thursday, the sports office confirmed that it was asking the football clubs to reimburse the CHF4 million for 2021.
“Due to the extreme complexity of the situation, it was decided to carry out an overall analysis of the 2020 stabilization package and to waive a request for reimbursement. On the other hand, the situation is different for the year 2021,” it said in a .
“There is no room for manoeuvre for 2021, because the mechanisms and the problems encountered the previous year were known.”
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(MENAFN - NewsBytes) BMW Motorrad has teased a new M5 CS model as a lighter and more powerful version of the M5 Competition. It should debut in early-2021 and go on sale later in the same year.
As for the highlights, it will have a sporty look, featuring a bronze-accented kidney grille and "motorsport-style" yellow headlamps. It will run on a 626hp, 4.4-liter, twin-turbocharged, V8 engine.
In this article Take a look at the official teaser BMW M5 CS: At a glance Power and performance A peek inside the cabin What about the pricing? Facebook Post Take a look at the official teaser Exteriors BMW M5 CS: At a glance
The BMW M5 CS will sport an eye-catching design, featuring a sloping roofline, a kidney grille surrounded by bronze accents, "motorsport-style" yellow headlamps akin to the M8 Gran Coupe, and a satin black paintwork.
The vehicle will be flanked by B-pillars, sleek ORVMs, red carbon-ceramic brake calipers, and aluminium wheels with wrapped in Pirelli P Zero Corsa tires. It should weigh at 1,919kg.
Information Power and performance
The BMW M5 CS will draw power from a 4.4-liter, twin-turbocharged, V8 engine that generates 626hp of maximum power. The mill should come mated to an 8-speed automatic gearbox and an all-wheel-drive system with a dedicated rear-wheel-drive drift mode.
Interiors A peek inside the cabin
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Royal couple concludes French visit highlighting military, civic bonds
(MENAFN) On the concluding day of their three-day visit, King Charles III and Queen Camilla arrived in the southwestern French city of Bordeaux, with a focus on celebrating the military bonds between the two nations. The royal couple participated in a reception held aboard the Royal Navy frigate, HMS Iron Duke, as part of this commemoration.
"The King examined the front rank of the Ship’s impressive Ceremonial Guard and color Guard," as stated in a release by the royal family. In addition to this military engagement, the royal pair also made a visit to Bordeaux's City Hall. This visit holds special significance as Bordeaux and Bristol have been twinned cities since 1947, marking the first city twinning of its kind between the UK and France.
Pierre Hurmic, the Mayor of Bordeaux, played host to Charles and Camilla, emphasizing the celebration of the "enduring connection between the UK and this city." Originally scheduled for March, this trip is the first official visit undertaken by King Charles III since his accession to the throne. It had been postponed due to protests related to pension reforms implemented by Leader Emmanuel Macron's government.
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