Sri Lanka braces for PM Narendra Modi's visit on Sunday

Agencies
June 7, 2019

Colombo, Jun 7: Prime Minister Narendra Modi will briefly visit Sri Lanka on Sunday during which he will hold discussions with President Maithripala Sirisena, according to the president's office here.

Modi will be the first foreign leader to visit the island nation after the Easter bombings that killed over 250 people, including 11 Indians.

This will be Modi’s third visit to Sri Lanka. Earlier, he visited the country in 2015 and 2017.

"The Indian Prime Minister Narendra Modi is to arrive in Colombo on Sunday for a visit limited to a few hours. The re-elected Indian leader will be on transit from the Maldives," president Sirisena’s office said.

The Indian Prime Minister who will arrive at 11 am is to attend an official luncheon hosted by the Sri Lankan President Sirisena and hold bilateral talks.

Sri Lankan police said they have made elaborate security arrangements for the visit, including traffic movement restrictions during the day.

In New Delhi, the External Affairs Ministry said that Prime Minister Modi is visiting the country with a very clear message of solidarity and signalling our confidence in the Sri Lankan government in overcoming the tragedy.

Asked whether India will help Sri Lanka deal with the scourge of terrorism, the ministry said on Thursday it was ready for any assistance to any country of the region.

Sri Lanka was hit by a wave of bombings on April 21. The attacks came despite prior intelligence warnings from India.

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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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News Network
May 6,2020

Singapore, May 6: Oil prices slipped back Wednesday after two days of gains, although Brent crude remained above $30 a barrel, as renewed US-China tensions offset optimism about the easing of coronavirus lockdowns.

Brent, the international benchmark, fell 1.1 per cent to $30.63 a barrel in early Asian trade. On Tuesday, the contract surged 14 per cent and rose above $30 for the first time since mid-April.

US marker West Texas Intermediate slipped 1.9 per cent and was changing hands for $24.13 a barrel.

Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions, with US crude falling into negative territory last month for the first time.

They started rallying strongly this week as countries from Europe to Asia ease curbs and economies start shuddering back to life.

But gains were capped Wednesday as dealers follow a brewing US-China row after Donald Trump hit out at Beijing over its handling of the outbreak, saying it began in a Wuhan lab, but so far offering no evidence.

"Traders are incredibly cautious this morning, weighing all the possible China responses," said Stephen Innes, chief global market strategist at AxiCorp.

"And the one that would hurt the most would be for China to reduce imports of US oil."

This week's rally was in part driven by a deal agreed between top producers to reduce output by almost 10 million barrels a day, which came into effect on May 1.

There have also been signs that the massive oversupply in the market is starting to ease as demand slowly comes back.

Energy data provider Genscape said earlier this week that stockpiles at the main US oil depot in Cushing, Oklahoma had increased by only 1.8 million barrels last week following weeks of major rises.

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News Network
July 14,2020

Brasilia, Jul 14: Brazil has reported new 20,286 coronavirus cases in last 24 hours taking the country's total to 1.8 million, Sputnik reported citing the health ministry.

The country's death toll has increased by 733 in the same period of time. The death toll from the infection has touched 72,833.

Over 1.1 million people have recovered from COVID-19 in Brazil since the start of the epidemic in the country, according to the health ministry.

Brazil has the second-highest coronavirus death toll, it is surpassed only by the United States.

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