North Korea a big problem, will deal with it very strongly: Trump

February 14, 2017

Washington, Feb 14: Describing North Korea as a "big problem", US President Donald Trump today vowed to deal with it "very strongly", after the reclusive country carried out yet another ballistic missile test. "Not only internationally but when you come right here, we have - obviously, North Korea is a big, big problem, and we will deal with that very strongly," Trump told reporters during a joint news conference with the visiting Canadian Prime Minister Justin Treadue.

donald-trump-7592 Trump was responding to a question on greatest national security threat based on the intelligence briefings that he has been receiving for about a month now after he was sworn in as the 45th President of the United States on January 20. "Many, many problems," Trump said in response to a question.

"When I was campaigning, I said it's not a good situation. Now that I see it including with our intelligence briefings, we have problems that a lot of people have no idea how bad they are, how serious they are," said the US President. "We have problems all over the Middle East, we have problems just about every corner of the globe no matter where you look," Trump said.

Trump said people have no idea about the nature and intensity of the challenge both domestically and globally, which ranges from Middle East to terrorism. The US President said he had a great meeting this weekend with Prime Minister Shinzo Abe of Japan and got to know each other "very, very well," extended weekend, really.

"We were with each other for long periods of time and our staffs and representatives," he said. Trudeau said Canada and the US have been neighbours a long time and Canadians and Americans have stood together, worked together, at home and around the world. "We've fought and died together in battlefields in World War I and World War II, in Korea, in Afghanistan. But there have been times where we have differed in our approaches, and that's always been done firmly and respectfully," he said.

"The last thing Canadians expect is for me to come down and lecture another country on how they choose to govern themselves. My role, our responsibility, is to continue to govern in such a way that reflects Canadians' approach and be a positive example in the world," Trudeau said in response to a question.

Earlier, Trump thanked Canada's contribution to the counter-ISIS effort. "Now we continue to work in common and in common cause against terrorism and work in common cooperation toward reciprocal trade and shared growth," Trump said.

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All the \problem\" countries you have invaded in the past are ruined now. They never attacked your country and yet you have \"problem\" with them."

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World Bank forecasts worst economic slump in South Asia in 40 years over corona

News Network

April 12,2020

Apr 12: India and other South Asian countries are likely to record their worst growth performance in four decades this year due to the coronavirus outbreak, the World Bank said on Sunday.

The South Asian region, comprising eight countries, is likely to show economic growth of 1.8 per cent to 2.8 per cent this year, the World Bank said in its South Asia Economic Focus report, well down from the 6.3 per cent it projected six months ago.

India's economy, the region's biggest, is expected to grow 1.5 per cent to 2.8 per cent in the fiscal year that started on April 1. The World Bank has estimated it will grow 4.8 per cent to 5 per cent in the fiscal year that ended on March 31.

"The green shoots of a rebound that were observable at the end of 2019 have been overtaken by the negative impacts of the global crisis," the World Bank report said.

Other than India, the World Bank forecast that Sri Lanka, Nepal, Bhutan and Bangladesh will also see sharp falls in economic growth.

Three other countries - Pakistan, Afghanistan and the Maldives - are expected to fall into recession, the World Bank said in the report, which was based on country-level data available as of April 7.

Measures taken to counter the coronavirus have disrupted supply chains across South Asia, which has recorded more than 13,000 cases so far - still lower than many parts of the world.

India's lockdown of 1.3 billion people has also left millions out of work, disrupted big and small businesses and forced an exodus of migrant workers from the cities to their homes in villages.

In the event of prolonged and broad national lockdowns, the report warned of a worst-case scenario in which the entire region would experience an economic contraction this year.

To minimize short-term economic pain, the Bank called for countries in the region to announce more fiscal and monetary steps to support unemployed migrant workers, as well as debt relief for businesses and individuals.

India has so far unveiled a $23 billion economic plan to offer direct cash transfers to millions of poor people hit by its lockdown. In neighbouring Pakistan, the government has announced a $6 billion plan to support the economy.

"The priority for all South Asian governments is to contain the virus spread and protect their people, especially the poorest who face considerable worse health and economic outcomes," said senior World Bank official Hartwig Schafer.

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