India, Israel ink 7 pacts during Modi's historic visit

Agencies
July 5, 2017

Jerusalem, Jul 5: India and Israel today signed seven agreements to step-up cooperation in key sectors like space, agriculture and water conservation after Prime Minister Narendra Modi held in-depth talks with his Israeli counterpart Benjamin Netanyahu.

ModiIsrael

A Memorandum of Understanding (MoU) was signed between Department of Science and Technology and Israel's National Technological Innovation Authority for setting up of USD 40 million worth India-Israel Industrial Research and Development (R&D) and Technical Innovation Fund.

Prime Minister Modi said, "we are of one view that together our scientists and researchers would develop, build and implement mutually beneficial solutions in the field".

"Our decision to establish a bilateral technology innovation fund worth USD 40 million for research in industrial development will help us in achieving this goal.

"We regard thriving two-way trade and investment flows as the bedrock of a strong partnership. Prime Minister Netanyahu and I agreed on the need to do more in this direction. Businesses on both sides should take primary lead in such efforts," he said.

In the water sector, two agreements were signed to increase cooperation on water conservation and state water utility reform in India.

Ministry of Drinking Water and Sanitation, and Israel's Ministry of National Infrastructure, Energy and Water Resources signed the agreement on National Campaign for Water Conservation in India.

The second one was signed between Uttar Pradesh Jal Nigam and the Ministry of National Infrastructure, Energy and Water Resources on State Water Utility Reform in India.

Modi said that Israel is among the leading nations in the field of innovation, water and agricultural technology and "these are also among my priority areas in India's development".

"We agreed that efficiency of water and resource use; water conservation and its purification; productivity increases in agriculture are key areas in deepening our bilateral cooperation," he said.

In the agriculture sector, the two countries have agreed upon India-Israel Development Cooperation - a three-year work programme in agriculture from 2018 to 2020. They also agreed for cooperation between the Indian Space Research Organisation (ISRO) and the Israel Space Agency (ISA) regarding cooperation in Atomic Clocks.

Besides, separate MoUs were signed between ISRO and ISA for cooperation in GEO-LEO optical link, and in Electric Propulsion for small satellites.

Modi, who held wide-ranging talks with Netanyahu on the second day of his landmark visit, the first by an Indian premier, also said that during their talks he and Netanyahu agreed to to do much more together to combat terrorism to protect their strategic interests.

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News Network
March 30,2020

Mar 30: Thomas Schaefer, the finance minister of Germany's Hesse state, has committed suicide apparently after becoming "deeply worried" over how to cope with the economic fallout from the coronavirus, state premier Volker Bouffier said Sunday.

Schaefer, 54, was found dead near a railway track on Saturday. The Wiesbaden prosecution's office said they believe he died by suicide.

"We are in shock, we are in disbelief and above all we are immensely sad," Bouffier said in a recorded statement.

Hesse is home to Germany's financial capital Frankfurt, where major lenders like Deutsche Bank and Commerzbank have their headquarters. The European Central Bank is also located in Frankfurt.

A visibly shaken Bouffier recalled that Schaefer, who was Hesse's finance chief for 10 years, had been working "day and night" to help companies and workers deal with the economic impact of the pandemic.

"Today we have to assume that he was deeply worried," said Bouffier, a close ally of Chancellor Angela Merkel.

"It's precisely during this difficult time that we would have needed someone like him," he added.

Popular and well-respected, Schaefer had long been touted as a possible successor to Bouffier.

Like Bouffier, Schaefer belonged to Merkel's centre-right CDU party.

He leaves behind a wife and two children.

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News Network
March 19,2020

Rome, Mar 19: Italy on Wednesday reported 475 new deaths from the novel coronavirus, the highest one-day official toll of any nation since the first case was detected in China late last year.

The total number of deaths in Italy has reached 2,978, more than half of all the cases recorded outside China, while the number of infections stood at 35,713.

The previous record high of 368 deaths was also recorded in Italy, on Sunday. The nation of 60 million has now recorded 34.2 percent of all the deaths officially attributed to COVID-19 across the world.

With the death rate still climbing despite the Mediterranean country entering a second week under an effective lockdown, officials urged Italians to have faith and to stay strong.

"They main thing is, do not give up," Italian National Institute of Health chief Silvio Brusaferro said in a nationally televised press conference.

"It will take a few days before we see the benefits" of containment measures, said Brusaferro. "We must maintain these measures to see their effect, and above all to protect the most vulnerable."

Imposed nationally on March 12, the shutdown of most Italian businesses and a ban on public gatherings are due to expire on March 25.

But school closures and other measures, such as a ban fan attendance at sporting events, are due to run on until April 3.

A top government minister hinted Wednesday that the school closure would be extended well into next month, if not longer.

The rates within Italy itself remained stable, with two-thirds of the deaths -- 1,959 in all -- reported in the northern Lombardy region around Milan, the Italian financial and fashion capital.

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News Network
May 1,2020

Washington, May 1: The United States on Thursday recorded 29,625 new coronavirus cases, and 2,035 deaths in the last 24 hours, according to Johns Hopkins University.

The total number of coronavirus cases has reached 1,069,534 and the death toll stands at 63,001, CNN reported.

The novel coronavirus has infected more than 3.2 million people and killed at least 233,000 globally, according to Johns Hopkins University.

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