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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Agencies
February 23,2020

New Delhi, Feb 23: Hailing the role of first Prime Minister Jawaharlal Nehru in shaping India a modern nation state, former Prime Minister Manmohan Singh on Saturday hit out at the Narendra Modi-led Central government, saying "nationalism" and the slogan of 'Bharat Mata Ki Jai' are being misused to construct a militant and purely emotional idea of India.

Speaking at the launch of a book on Jawaharlal Nehru's works and speeches, Singh said: "I am extremely happy that this book makes an effort to revisit Pandit Nehru. He had led this country in its volatile, formative days when we adopted democratic way of life, accommodating divergent social and political views."

The former Prime Minister said that Nehru, who was very proud of Indian heritage, "assimilated it", and harmonised them into the needs of a "new modern" India.

"A great visionary, Nehruji laid the foundation for shaping India as a modern nation state," he said.

Highlighting the works of the first Prime Minister, Singh said: "If India is recognized in the comity of nations as a vibrant democracy and, if it is considered as one of the important world powers, it was Nehru, who should be recognised as its main architect."

He said Nehru was not only a statesman of high international standing, but a great historian and literary figure too.

"With an inimitable style, and a multi-linguist, Nehru laid the foundation of the universities, academies and cultural institutions of Modern India. But for Nehru's leadership, Independent India would not have become what it is today," he said.

Taking an apparent dig at the BJP government, he said: "But unfortunately, a section of people who either do not have the patience to read history or would like to be deliberately guided by their prejudices, try their best to picture Nehru in a false light.

"But I am sure, history has a capacity to reject fake and false insinuations and put everything in proper perspective," he said.

He said the book "Who is Bharat Mata" is such an attempt to set the narrative in the right direction.

Singh said that selecting appropriate pieces from Nehruji's works, the book justifies its title "Who is Bharat Mata?"

"As this book contains a timely collection of writings by and on Pandit Jawaharlal Nehru- the leader, who shaped India and the Icon whose legacy is the subject of intense and often angry reaction today.

The book also comprises reminiscences and assessments of Nehru by some of his contemporaries and near contemporaries-among them, including Mahatma Gandhi, Bhagat Singh, Sardar Patel, Maulana Azad, Aruna Asaf Ali, Sheikh Abdullah, Ramdhari Singh Dinkar, Ali Sardar Jafri, Baldev Singh, Martin Luther King Jr, Richard Attenborough, Lee Kuan Yew and Atal Bihari Vajpayee.

"It is a book of particular relevance at a time when nationalism and the slogan of ‘Bharat Mata Ki Jai' are being misused to construct a militant and purely emotional idea of India that excludes millions of residents and citizens," Singh said attacking the BJP government.

The two time Prime Minister further said that in the pages of the carefully complied anthology-which also carries illuminating introductions by the authors Nehru emerges as a "remarkable man of ideas and action", who had an instinctive understanding of India's civilisational spirit and as a visionary with clear commitment to the promotion of scientific temper, who despite the compulsions of politics, remained a true democrat.

"His legacy continues to be of immense significance-perhaps more today than at any other time in our history," he said.

He also warned that "Nehru makes a very significant and time relevant remark on the dangers of leaderships falling into a trap and getting removed far away from the common people whom they are supposed to serve".

"In an atmosphere, when emotions are deliberately get provoked and the gullible are misled by false propaganda, misusing communication technology, this book makes a refreshing break through," Singh added.

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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April 9,2020

Washington, Apr 9: At least 11 Indians have died of COVID-19 in the United States with another 16 testing positive for the infection which has claimed more than 14,000 lives and afflicted more than four lakh people in the US.

All Indian citizens who have succumbed to the deadly infection in the US are male, with ten of them from New York and New Jersey area. Four of the victims are said to be taxi drivers in New York City.

New York City has emerged as the US epicentre for COVID-19 spurt, accounting for more than 6,000 deaths and over 1,38,000 cases of infections. New Jersey accounts for 1,500 fatalities and nearly 48,000 infections.

One Indian national reportedly died in Florida because of coronavirus. Authorities are also ascertaining the nationality of some other Indian origin people in the States of California and Texas.

All 16 Indians, including four females, who have tested positive for coronavirus are in self-quarantine. Coming from diverse background, eight of them are from New York, three from New Jersey and rest from other states like Texas and California. They hail from Indian states like Uttarakhand, Maharashtra, Karnataka and Uttar Pradesh.

Indian Embassy and consulates across the United States are working closely with local authorities and Indian-American organizations to provide necessary assistance to Indian nationals and students affected with COVID-19.

Because of the strict travel restrictions and regulations to prevent the spread of the deadly virus, local city officials have been performing the last rites of the deceased and in many cases are not allowing even their immediate family members to attend their cremations, officials said.

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