Thursday, November 2News That Matters

International

New York State Banking Regulator fined Pakistan’s Habib Bank and Kicked out of US

New York State Banking Regulator fined Pakistan’s Habib Bank and Kicked out of US

Pakistan, USA
New York’s state banking regulator has slapped a $225m fine on Habib Bank, the biggest bank in Pakistan, and ordered it out of the US after finding a catalogue of flaws in compliance that “opened the door” to the financing of terror. The Department of Financial Services on Thursday said it was taking drastic action — the first time it has ordered a bank to shut down in the US — because Habib had failed to correct serious weaknesses first identified more than a decade ago. By 2015, the DFS found, the bank’s compliance function was in an even worse state, lacking the most basic of controls on money-laundering and customer screening. The DFS’ most recent investigation found that Habib facilitated billions of dollars in transactions with a Saudi private bank, the Al Rajhi Bank, which has h
मैक्सिको में 8 तीव्रता का भूकंप, सूनामी की चेतावनी जारी

मैक्सिको में 8 तीव्रता का भूकंप, सूनामी की चेतावनी जारी

Mexico
दक्षिण मैक्सिको के तट पर आज 8 तीव्रता के भूकंप के जोरदार झटके महसूस किए गए जिससे इमारतें हिलने लगी और राजधानी तक में लोग घबरा कर सड़कों पर उतर आए. अमेरिकी भूगर्भीय सर्वेक्षण ने कहा कि भूकंप की तीव्रता 8.0 थी और इसका केंद्र दक्षिण चियापास राज्य में तापाचुला से 165 किलोमीटर पश्चिम में स्थित था. भूकंप की गहराई जमीन से 35 किलोमीटर नीचे थी.अमेरिका सूनामी चेतावनी प्रणाली ने कहा कि भूकंप से कई मध्य अमेरिका देशों में सूनामी आने का खतरा है जिनमें ग्वाटेमाला की प्रशांत तटरेखा, होंडुरास, मैक्सिको, अल सल्वाडोर और कोस्टा रिका शामिल हैं. उसने कहा कि हवाई, गुआम और अन्य प्रशांत द्वीपों के लिए खतरे का आकलन किया जा रहा है. भूकंप के झटके मैक्सिको सिटी तक महसूस किए गए जिससे डरे लोग अंधेरे में सड़कों पर एकत्रित हो गए, उन्हें डर था कि इमारतें गिर जाएंगी. https://twitter.com/ROB_CAR_/status/90602197997463
President Trump plans to nominate Indian-American to key State Department position

President Trump plans to nominate Indian-American to key State Department position

USA
US President Donald Trump intends to nominate an Indian-American woman to a key administration position in the State Department that would make her in charge of economic diplomacy, the White House said. Currently Chief Counsel and Senior Policy Adviser to Senator Dan Sullivan, Manisha Singh, if confirmed by the Senate, would replace Charles Rivkin as the assistant secretary of state for economic affairs. The position has been vacant since January after Rivkin put in his papers following Trump’s swearing-in as the 45th president of the United States. A resident of Florida, Singh, 45, has served as the deputy assistant secretary of state in the Bureau of Economic, Energy and Business Affairs, and as an aide to the Senate Foreign Relations Committee. Her private sector experience includ
China cautious India to refrain from pointing fingers at Pakistan at BRICS

China cautious India to refrain from pointing fingers at Pakistan at BRICS

China
China has sent out a clear message that it would object to any discussion about Pakistan’s alleged role in sheltering terrorists during the upcoming BRICS summit which will also be attended by Indian Prime Minister Narendra Modi. China is worried that Modi may raise the issue at the meeting because he did so at the Goa summit of BRICS last year, accusing Pakistan of being the ‘mother-ship of terrorism’. “We also noticed that India, when it comes to Pakistan’s counter-terrorism, has some concerns. I don’t think this is an appropriate topic to be discussed at BRICS summit,” Hua Chunying, Chinese foreign ministry spokesperson, said at a briefing. She also indicated that raising the issue might affect the success of the summit. “The world is paying great attention to the BRICS summit. I
Biased Reporting on Indo-China Standoff Resolution by World Media

Biased Reporting on Indo-China Standoff Resolution by World Media

International
The Ministry of External Affairs today announced "expeditious disengagement of border personnel" at Doklam, signalling that the months-long standoff at the disputed India-China-Bhutan trijunction has come to an end. In response to queries on Doklam disengagement, the Ministry of External Affairs said, "India has always maintained that it is only through diplomatic channels such matters can be addressed. Our principled position is that agreements and understandings reached on boundary issues must be scrupulously respected". While China has also hesitatingly/indirectly admitted to India's official statement by issuing a face saving statement in which Chinese Foreign Ministry had said -"In the afternoon of August 28, the Indian side pulled back all the Indian troops and equipment to t...
India and China to mutually disengage in the Doklam conflict

India and China to mutually disengage in the Doklam conflict

China, National
NEW DELHI: In a diplomatic victory, India and China have agreed to "disengage" from the stand-off in Doklam on Bhutanese territory. After almost 10 weeks of sustained negotiations between top-level Indian and Chinese officials, the MEA on Monday said "expeditious disengagement of border personnel at the face-off site at Doklam has been agreed to and is on-going." By the end of the day, as Indian troops withdrew from their post at Doka La, Chinese troops and their road-building equipment too were removed from the face-off site. The standoff has been on since June 16 when Indian troops physically stopped the PLA from building a road on Doklam plateau. In a second statement at the end of the day, MEA confirmed that both sides had moved out "under verification." The negotiations were cond...
Maldives supports India in standoff with China: ex-president Mohamed Nasheed

Maldives supports India in standoff with China: ex-president Mohamed Nasheed

Delhi, Maldives
NEW DELHI: Maldives and its people support India in its standoff with China at Doklam as Male values Delhi as a close neighbor, which will render assistance in times of crises, said Mohamed Nasheed, former president and principal Opposition leader of the island nation.“We should take sides and we are taking sides. If I am supporting India in its current crisis, it is in my own interest as neighbour like India supports in times of crises including natural disasters and requirements like supply of water. Maldives and India have lived with each for thousands of years. It is wrong for China to suddenly splash money and ask for support,” Nasheed told ET during his ongoing trip to India amid Chinese efforts to expand strategic outreach in South Asia including warships that would visit Mald
President Trump has been urged to appoint US envoy to India on priority basis

President Trump has been urged to appoint US envoy to India on priority basis

USA
An influential US lawmaker has urged President Donald Trump to appoint America’s new ambassador to India on a priority basis, saying that Washington’s relation with New Delhi is of utmost importance. The position has been lying vacant since January 20 when Trump was sworn in as the 45th President of the United States. In June, the White House said that Kenneth I Juster, 62, a top economic aide of Trump and an expert on India, will be America’s new ambassador to India. “As the co-founder and former chairman of the Congressional Caucus on India, Indian issues and representing one of the largest Indian-American constituencies in Congress, the relationship between our two great nations is of the utmost importance to me and my constituencies. I urge you to make the appointment of a US amba
President Donald Trump realises India has been ‘force for good’ in world

President Donald Trump realises India has been ‘force for good’ in world

USA
On the eve of Prime Minister Narendra Modi’s US visit, the Trump administration has dismissed reports that it has been ignoring India, saying President Donald Trump realizes that the country has been a “force for good” in the world and ties with it were important. “I think that it would be wrong to say that this administration has been ignoring or not focused on India,” a senior administration official told reporters ahead of the two-day Modi visit from June 25. The Prime Minister would meet President Donald Trump face-to-face for the first time at the White House on Monday. “I think that the US really appreciates India, and I think that President Trump realizes that India has been a force for good in the world and that it’s a relationship that’s important. And I think that will come
Top US politician Steve Scalise, aides shot in Virginia

Top US politician Steve Scalise, aides shot in Virginia

USA
A gunman opened fire on Republican members of congress during a baseball practice near Washington early on Wednesday, wounding several people including senior Republican leader Steve Scalise, before being taken into custody, police and witnesses said.The gunman died later of his injuries, President Donald Trump announced at the White House.Lawmakers said the shooter, who was armed with a rifle, had exchanged fire with Capitol Hill police who were at the scene and was shot before being taken into custody.Scalise, the third most senior figure in the House of Representatives Republican leadership, was shot in the hip at the baseball field in Alexandria, Virginia. He was tended to by fellow lawmakers including Brad Wenstrup, an Ohio congressman who is a physician, before being tran...