However, the statement from the PMO was lavish in its praise for Morneau as it said the Finance Minister had “worked relentlessly” and “closely with the Prime Minister” to build a “strong and resilient” Canadian economy. “That work has continued throughout the global pandemic,” the statement said, listing out measures including wage subsidies and doles announced during the crisis. It went on to say that Morneau “is continuing this important work.” The Finance Minister has also denied that he is planning to resign. Morneau has been in that post since Trudeau first came to power in 2015. … [Read more...] about WE Charity: Canadian PM Trudeau backs up finance minister Morneau despite controversy
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MumbaiThe exercise, apart from restructuring the investment portfolio, will allow the trusts to raise funds to help build cancer hospitals and invest in research firms to develop nutritious foods for poorer people. Based on the closing prices on Wednesday, the stake sale could fetch the trusts about Rs 400 crore.A Tata Trusts spokesperson declined to comment on the matter. The trusts own marginal stakes in Tata Steel, Tata Motors, Tata Power, Tata Global Beverages and Tata Chemicals.Sir Dorabji Tata Trust, Lady Tata Memorial Trust and Sir Ratan Tata Trust raised Rs 1,010 crore on March 6 by selling their combined 6.64% stake in Indian Hotels Company, the operator of the Taj hotel chain, to Tata Sons.The equity interest of the three trusts in Indian Hotels has declined consistently as they stayed away from the company’s fundraising programmes such as rights issues and instead allowed the holding company to purchase the shares.Legal experts said the trusts cannot participate in … [Read more...] about Tata Trusts to exit listed group companies
According the terms of the United Nations Refugee Convention, there is no obligation on refugees to seek shelter in the first safe country they reach, which is why some people decided to travel through countries such as France to try to reach the UK to claim asylum. … [Read more...] about France rejects UK request as more migrants cross Channel
"Getting the basics right provides a clear picture of where the virus is and the necessary targeted actions to suppress transmission and save lives. This means that where there are cases, the government can quickly implement targeted measures and focus control efforts where they are needed most," said Tedros, referring to Rwanda's testing and treatment policy. … [Read more...] about News Analysis: What helps Rwanda suppress COVID-19 early?