Kim and Trump are fighting like kindergarten kids: Russia

Agencies
September 23, 2017

Washington, Sept 23: An escalating war of words between Donald Trump and Kim Jong-Un ratcheted up a notch on Friday as the US president dubbed North Korea's leader a "madman," a day after the reclusive regime hinted it may explode a hydrogen bomb over the Pacific Ocean.

Hours earlier, in a rare personal attack, Kim took aim at Trump, branding him "mentally deranged" and a "dotard", and warning he would "pay dearly" for his threat to destroy North Korea if challenged, uttered before the United Nations General Assembly.

The verbal clash came a day after Washington announced tougher sanctions aimed at curbing North Korea's nuclear and ballistic missile program, on the heels of a Trump speech in which he which he nicknamed Kim "Rocket Man" and declared him to be on a "suicide mission."

"Kim Jong Un of North Korea, who is obviously a madman who doesn't mind starving or killing his people, will be tested like never before!" Trump posted early Friday in the first of a barrage of unrelated tweets.

Kim had delivered a tongue-lashing of his own -- vowing to "surely and definitely tame the mentally deranged US dotard with fire," in an address read out on state television by a star news anchor before a still image of Kim at his desk.

Trump "insulted me and my country in front of the eyes of the world and made the most ferocious declaration of a war in history", Kim said, according to the official Korean Central News Agency.

"I will make the man holding the prerogative of the supreme command in the US pay dearly for his speech."

Russia and China have both appealed for an end to the escalating rhetoric between Washington and Pyongyang, and Moscow's Foreign Minister Sergei Lavrov complained that that scrap resembled a "kindergarten fight between children."

"We have to calm down the hot heads and understand that we do need pauses, that we do need some contacts," Lavrov told a news conference after his address to the General Assembly.

On the fringes of the world meeting, North Korean Foreign Minister Ri Yong-ho told reporters Pyongyang might now consider detonating a hydrogen bomb outside its territory.
"I think that it could be an H-bomb test at an unprecedented level perhaps over the Pacific," he said -- while adding: "It is up to our leader so I do not know well."

Washington on Thursday authorized a tough new raft of sanctions in the latest effort to tighten the screws on Pyongyang over its banned weapons programs, following its sixth nuclear test -- the largest yet -- and the firing of two missiles over Japan in recent weeks.

Trump's executive order, which prohibits firms from operating in the United States if they deal with North Korea, came after the UN Security Council agreed its own further set of sanctions aimed at reducing Pyongyang's ability to trade with the outside world.

But analysts say the sanctions show no signs of working and cautioned that the increasingly ill-tempered and personal exchanges between Washington and Pyongyang did not augur well.

"There are some very dangerous things that could come to that move this from theatre to reality. This is the time to be heading them off, not making them feel inevitable," said John Delury of Yonsei University in Seoul.

Washington has refused to offer incentives to bring Pyongyang to the negotiating table, despite appeals to do so from China and Russia, who are both uneasy over Trump's bellicose tone.

However, in a meeting with Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in, Trump suggested the door to dialogue remained open. "Why not?" he said when asked whether there could be talks with Pyongyang.

China wields the most influence on North Korea, providing an economic lifeline. But it also fears the consequences if the regime collapses, such as an exodus of refugees or a US-allied, reunited Korea on its border.

"Negotiation is the only way out and deserves every effort," Chinese Foreign Minister Wang Yi told the General Assembly.

The sentiments were echoed by Russian Foreign Minister Sergei Lavrov, who said: "military hysteria is not just an impasse, it's disaster."

North Korean envoy Ri is expected to meet on Saturday with UN Secretary-General Antonio Guterres, who will send out feelers on possible diplomatic talks.

But Chung Sung-Yoon, an analyst at the Korea Institute for National Unification, told AFP that the North itself may have shelved the idea of negotiations until it reaches its nuclear goal.

"People say this is all part of its brinkmanship strategy to force the US to come forward for negotiation. But the North is leaving too little room for the US to do so with the latest series of threats and provocations," he said.

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News Network
June 13,2020

Dehradun, Jun 13: Chief of Army Staff General M M Naravane on Saturday said the country is passing through difficult times and its safety and honour depend on the ability of its young officers as military leaders.

Addressing gentlemen cadets at the Indian Military Academy here as the reviewing officer of a passing out parade, Gen Naravane said they are being commissioned as officers into the army under the most daunting of circumstances and the high standards of their military training will help them overcome the challenges lying in store for them.

The parade saw a total of 423 cadets being commissioned into the army including 333 from the country and 90 from friendly foreign countries.

"These are difficult times for the country. Its safety, honour and respect depend on your abilities as military leaders. You have to live up to the expectations of your countrymen. You have to ensure that whatever you do is for their welfare," he said.

The army chief said there are no good or bad regiments but only good officers.

"Become one with your men. Win their trust and affection and they will win battles for you," Naravane said.          

He asked the gentlemen cadets to throw themselves into their new role as commissioned officers with passion but also be compassionate towards their men.

"When the going gets tough and all seems lost, it is the spirit of your men that helps you win," he said.          

He said the gentlemen cadets who are taking their first step as commissioned officers will have to make decisions in the tactical and operational domain as well as resolve ethical issues and they will have only their conscience to guide them.          

"In such critical moments let the core values enshrined in the preamble of the constitution of India be your guiding light," the Army Chief said.

Asking them to rise above petty considerations of caste, creed and religion, he said the army does not discriminate.

Apart from containing the external threats, you may also have to defang internal forces out to destabilise the country.

He said the precise drill movements of the cadets had convinced him they will do their respective countries proud.

"In the autumn of your careers what will matter is not the position you finally attain but how honourably you have served your nation," he said.              

In a message to the gentlemen cadets' parents, who were not allowed to attend the event due to the coronavirus pandemic, the Army Chief said, "Till yesterday they (gentlemen cadets) were your children but from tomorrow they will be ours."

He promised to be with them through thick and thin.

The parade looked slightly off-colour this time with the enthusiastic crowds of parents and some usual features missing like the showering of the drill square with flower petals by helicopters.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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News Network
March 23,2020

Singapore, Mar 23: Oil prices fell at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the US.

US benchmark West Texas Intermediate initially tumbled more than three percent but then pulled back some ground to trade 1.5 percent lower, at $22 a barrel.

Brent crude, the international benchmark, fell 4.9 percent to $25 a barrel.

Prices have fallen to multi-year lows in recent weeks as lockdowns and travel restrictions to fight the virus hit demand, and top producers Saudi Arabia and Russia engage in a price war.

The latest drop came after a trillion-dollar Senate proposal to rescue the US economy was defeated after receiving zero support from Democrats, and with five Republicans absent from the chamber because of virus-related quarantines.

The bill had proposed funding for American families, thousands of shuttered or suffering businesses and the nation's critically under-equipped hospitals.

Coronavirus deaths soared across Europe and the United States at the weekend despite heightened restrictions.

The death toll from the virus -- which has upended lives and closed businesses and schools across the planet -- surged to more than 14,300 Sunday, according to an AFP tally.

AxiCorp chief markets strategist Stephen Innes said that "total demand devastation" had set it.

"Oil markets collapsed out of the gate this morning as prices react... to stringent containment lockdown measures," he said.

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