Back In Israel, Benjamin Netanyahu Thanks PM Modi For "Historic" India Visit

Agencies
January 22, 2018

Jerusalem, Jan 22:  Terming his recent visit to India as "historic", Israeli Prime Minister Benjamin Netanyahu said today that his six-day trip will be "long remembered" as it contributed in the strengthening of bilateral ties.

Benjamin Netanyahu arrived in New Delhi on January 14 and was received by his "friend" Prime Minister Narendra Modi, who broke protocol to meet him at the airport.

"I returned last week from a historic visit to India. I thank my friend, Indian Prime Minister Narendra Modi, for the exceptionally strong and warm reception," Mr Netanyahu told his cabinet at the start of the weekly meeting.

"It reflects the closer ties between us, very close, as well as the closer ties between our countries and peoples," he said.

"This is a visit that will be long-remembered. It contributed, and will yet contribute, to Israel in the economic, security, technology and diplomatic spheres," he added.

PM Modi accompanied the Israeli Prime Minister for most part of the trip.

India and Israel signed nine agreements across several sectors to boost bilateral trade and cooperation.

Mr Netanyahu also recollected some moving moments from his trip, particularly his meeting with Moshe Holtzberg, the now 11-year-old kid who survived the 2008 Mumbai terror attacks in which his parents were killed.

"I must say that there were many very moving moments, but above all I will remember two special events that touched our people," Benjamin Netanyahu said.

"First was the meeting with Moshe at the Chabad House. A sweet boy who is living with his loving grandparents, in effect with the love of the entire Jewish People. Thanks also go to the Indian nanny, Sandra, who saved him and accompanied him on the visit," he said.

Moshe was two-year-old when his parents, Rabbi Gavriel and Rivka Holtzberg, who were serving as Directors at Chabad House, were killed along with six others when the place was attacked by Pakistani terrorists during the November Mumbai attacks.

The attack on Chabad House and other locations like the Taj Hotel left 166 people dead.

Moshe, popularly known as Baby Moshe, was rescued by his nanny Sandra and he later moved to Israel, where he stays with his grandparents.

Sandra has been given honorary citizenship by Israel and now lives in Jerusalem where she works with kids with special needs.

"The second moving event was with the Indian Jewish community. This is a very small community most of whose members have come to Israel and contributed to the building up of the country and the development of the state. But their contribution to India is out of proportion to their numbers," Mr Netanyahu said.

"They carried the flame for generations and looked forward to this moment when the Prime Minister of Israel came to India. They spoke there, each one in turn, and many simply wept with joy, not because there has ever been anti-Semitism in India; there never has. But they hoped for the meeting between cultures and between states and peoples, and it happened before their eyes," he noted.

"It was simply an extraordinary experience", the Israeli Premier stressed.

Mr Netanyahu's successful visit to India has brought the Israeli leader a sigh of relief from a hostile local press that has been critical of him on allegations of corruption.

He has also faced flak for an embarrassing recording of his son who had made demeaning remarks about women during a visit to strip club in Tel Aviv about two years ago.

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Agencies
June 16,2020

China on Tuesday justified the killing of an army officer and two soldiers of India and accused Indian troops of crossing a disputed border between the two countries.

Foreign ministry spokesman Zhao Lijian said Indian troops crossed the border line twice on Monday, "provoking and attacking Chinese personnel, resulting in a serious physical confrontation between border forces on the two sides".

An Indian Army officer and two soldiers have been killed in a "violent face-off" with Chinese troops along the Line of Actual Control (LAC), disrupting the fragile peace talks.

"During the de-escalation process underway in the Galwan Valley, a violent face-off took place last night with casualties on both sides," the Indian Army said in a statement.
 

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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News Network
June 27,2020

LGeneva, Jun 27:: The number of confirmed coronavirus cases worldwide has risen by over 177,000 in the past 24 hours to 9.4 million and the death toll has topped 480,000, the World Health Organisation (WHO) said on Friday (local time).

On Thursday, the WHO reported 167,056 new cases and 5,336 related deaths.

The fresh daily situation report estimates the number of infections confirmed in the past 24 hours at 177,012. Further, 5,116 virus-related deaths were reported over the same period, taking the toll to 484,249.

The Americas lead the count with over 4.7 million cases, followed by Europe with more than 2.6 million.

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