UNITED NATION: India has pledged to contribute USD 5 million in 2020 to the UN Palestine refugee agency, even as it voiced concern over the agency's "dire" financial situation due to the funding gaps that risk its core services to the refugees in the fields of education and health. India's Deputy Permanent Representative to the UN Ambassador K Nagaraj Naidu said as a mark of solidarity with the Palestine refugees, the Indian government has increased its annual financial contribution fourfold to the core budget of the UN Relief and Works Agency(UNRWA), from USD 1.25 million in 2016 to USD 5 million in 2018. “We have contributed USD 5 million in 2019 and pledge to contribute USD 5 million in 2020 also,” he said while speaking at the General Assembly Fourth Committee meeting on the UNRWA for Palestine Refugees in the Near East. “India's support and solidarity with the 5.5 million Palestine refugees remains strong and abiding,” he added. India also appealed to … [Read more...] about India pledges to contribute $5 million in 2020 to UN Palestine refugee agency
No one imagined that this could happen to Chennai. We were just a happy little town content with our Kollywood and Coffee, but humanity has won over once again, says Pavithra Selvam.The rains have finally stopped. Relief work is ongoing and Chennai is collectively pooling in its resources to keep its head above the water. Today Chennai-ites are wading through sewage water and broken roads to reach out to strangers in the hope that someone else would do the same to their loved ones. In a matter of few weeks we've literally seen our city crumble and drown in front of our eyes. Tamil Sangam literature is rife with references of floods washing away the mythical lands of 'Kumari Kaandam' -- it somehow feels like history is repeating itself. I write this not as a victim, but as a witness to a catastrophe of unprecedented magnitude. I write this to tell our story. I write this so that our voices can be heard. I write this from a position of privilege that I feel guilty for possessing -- … [Read more...] about Chennai’s story needs to be heard
Video PlayerClose BRUSSELS, Aug. 15 (Xinhua) -- The Turkish lira has been under significant pressure in recent weeks amid U.S.-Turkey tensions over continued detention of an American pastor in Turkey. Instead of pursuing a compromise, Turkey declared on Wednesday morning that the government had raised tariffs on U.S. imports, including passenger cars, tobacco and alcohol. As the Turkish lira has fallen over 40 percent in value so far this year, European economists are revealing how the financial meltdown in Turkey will affect the neighboring European Union (EU). "MANAGEABLE" RISKS FOR BANKS Economists with Brussels-based think tank Bruegel believe a financial crisis in a neighbor country of the EU could have a direct negative impact on the EU economy, mainly through the exposure of its banks operating in Turkey (in particular from Spain, France, Italy and Germany) and through trade with Turkey. "Compared to the size of the European economy, these exposures to Turkey are relatively … [Read more...] about News Analysis: How Turkish currency crisis affects EU?
Video PlayerClose BEIRUT, Nov. 13 (Xinhua) -- Christophe Farnaud, head of North Africa and Middle East Department at the French Foreign Ministry, said Wednesday that France is ready to help Lebanon in overcoming its current crisis, a statement by the Lebanese president's office reported. "France cares highly about Lebanon's situation and it is keen on preserving its sovereignty, independence, stability and the unity of its population," Farnaud said during his meeting with Lebanese President Michel Aoun at Baabda Palace. Meanwhile, Aoun told Farnaud that he will continue his efforts in forming a new government in Lebanon that would implement the economic plan proposed by the past government in addition to approving legislations by the parliament aimed at fighting corruption and recuperating squandered public funds. Aoun also informed Farnaud that he has been trying to meet with representatives of the civil society protesters to reach an agreement with them about their demands but his … [Read more...] about France ready to help Lebanon in overcoming crisis: French official
'This is not a small change, it's a BIG change. People wanted to hear the voice of their PM. They can do so now. This is a big parivartan.''I don't see any change in him after he became PM. You cannot take up the responsibility of the country with anxiety. He is working silently, with an absolute calm mind and with maturity.' The third and final part of Bharatiya Janata Party President Amit Shah's interview with Sheela Bhatt/Rediff.com Part I: 'Not an inch of acquired land will go to industrialists' Part II: 'We added nishtha, sincerity of purpose, to governance' Currently, you are the interim president of the BJP. After losing the Delhi elections and in view of the delicate prospects for the BJP in Bihar, many find your chances of getting a full term as president a little tough. How do you see the situation? (Pauses) The BJP's decisions are never based on victory and defeat in elections. I have a track record of accepting my party's decisions. I do whatever work is given to me with … [Read more...] about ‘We now have a prime minister who talks’