India-Middle East-Europe Corridor announced; PM stresses on respect for territorial integrity in connectivity projects
Saturday, 9 September 2023 India, along with the US and several major economies, has announced the India-Middle East-Europe Economic Corridor, which is seen as an alternative to China's Belt and Road Initiative. The corridor aims to stimulate economic development and enhance connectivity and economic integration between Asia, the Arabian Gulf, and Europe. It will consist of two separate corridors, the East Corridor and the Northern Corridor.
On This World, Vikram Chandra brings you the highlights of Day 1 of the G20Summit (g20- whichever hashtag works better. From adoption of the Delhi Declaration, the announcement of the India-Middle East-Europe Corridor, to inclusion of African Union as a full member of the g20, the summit has been a...
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Antony Blinken, the U.S. Secretary of State, has initiated a series of discussions with Israeli leaders to address the issue of increasing humanitarian aid into Gaza. Simultaneously, he has been urging Hamas, the Palestinian militant group, to accept a proposed deal aimed at securing the release of hostages and achieving a ceasefire. Following his visits to Riyadh and Amman earlier in the week, Blinken is now in Israel, the final stop of his broader Middle East tour. Reports indicate that Blinken is currently meeting with Prime Minister Benjamin Netanyahu in Jerusalem. This marks Blinken's seventh visit to the region, which has been engulfed in conflict since October 7th when Hamas launched an attack on Israel. Blinken's main focus during his time in Israel is to pressure the Israeli government into taking specific actions to enhance the flow of humanitarian aid into Gaza. He emphasised the need to address the suffering of the people in Gaza amidst the ongoing crossfire instigated by Hamas, while also striving to secure a ceasefire and the release of hostages.
#BlinkenInIsrael #GazaAid #Netanyahu #IsraelHamasWar #Ceasefire #GazaCeasefire #AidMeasures #PressingForAction #MiddleEastDiplomacy #HumanitarianEfforts
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McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
According to McDonald's, higher sales in the
United States helped the fast-food giant overcome
weakness in markets where the brand is being boycotted.
The company saw same-store sales rise by
1.9% worldwide between January and March,
below the Wall Street forecast of 2.1%.
Increased menu pricing and delivery demand
saw same-store sales in the U.S. increase by 2.5%.
In international markets, sales fell
by 0.2% for the first time since 2020.
Despite this, McDonald's said the company's revenue
increased 5% to reach $6.17 billion, while net income went
up 7% to $1.93 billion, in-line with Wall Street estimates.
'The Independent' reports that Muslim-majority
markets like Indonesia, Malaysia and the Middle East
have been boycotting McDonald's for months.
The boycotts started after a McDonald's franchise in
Israel announced in October that it would provide free
meals for Israeli troops amid the ongoing war in Gaza.
In the months since then, the company has tried to limit
the fallout by taking over all 225 McDonald's in the country
with the purchase of Alyonal Limited, its Israeli franchise.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'.
Our hearts remain with
the communities and families
impacted by the war in the Middle East.
We abhor violence of any kind and
firmly stand against hate speech,
and we will always proudly
open our doors to everyone, McDonald's statement, via 'The Indepndent'
Credit: Wibbitz Top Stories Duration: 01:30Published
After 15 days, Dubai's rains have returned, with the issuance of an Orange Alert for Adverse Weather Conditions. Unfavorable weather has caused major disruptions to flight operations and rain services.
Additionally, the MeT predicts that although it will affect other parts of Asia, the weather will start to improve on May 4.
#Dubai #DubaiRains #OrangeAlert #MeT #DubaiFloods #Dubainews #AbuDhabi #Worldnews #Oneindia #Oneindianews
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Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024. .
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023. .
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023. .
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
As global sustainability efforts surge, solar energy emerges as a leading renewable option. Revered since ancient times, the sun now powers modern civilization. India, a solar powerhouse, generates 5,000 trillion kWh annually, ranking third in Asia. Solar parks like Bhadla, Pavagada, Kurnool, NP Kunta, and Rewa drive India's renewable energy transition.
#India #GlobalEconomy #Bhadla #Pavagada #Kurnool #NPKunta #Rewa #SolarEnergy #SolarEnergy #SolarPandels #Indianews #Oneindia #Oneindianews
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To mark the 10-year anniversary of China’s Belt and Road Initiative, Beijing will host a forum next month. Before that, reporter Cindy Sui asked participants at the Belt and Road Summit in Hong Kong..
India, U.S, UAE, Saudi Arabia, France, Germany, Italy and the European Union have seemingly check-mated Chinese President Xi Jinping by establishing the India-Middle East-Europe Economic Corridor to..
India, U.S, UAE, Saudi Arabia, France, Germany, Italy and the European Union have seemingly check-mated Chinese President Xi Jinping by establishing the India-Middle East-Europe Economic Corridor to..