US to begin process to move embassy to Jerusalem: Tillerson

Agencies
December 7, 2017

Washington, Dec 7: The US will immediately begin the process to move its embassy from Tel Aviv to Jerusalem, Secretary of State Rex Tillerson has said, hours after President Donald Trump recognised the holy city as Israel's capital.

In a major announcement, Trump recognised Jerusalem as Israel's capital yesterday despite warnings from the Arab leaders, reversing decades of US and international policy on the holy city.

"The State Department will immediately begin the process to implement this decision by starting the preparations to move the US Embassy from Tel Aviv to Jerusalem," Tillerson said.

The President Trump's decision to recognise Jerusalem as Israel's capital aligns the US presence with the reality that Jerusalem is home to Israel's legislature, Supreme Court, president's office, and prime minister's office, Tillerson said in a statement.

"We have consulted with many friends, partners, and allies in advance of the President making his decision. We firmly believe there is an opportunity for a lasting peace," he said.

Tillerson said the the safety of Americans was the State Department's highest priority, and with other federal agencies, it has implemented robust security plans to protect its citizens in affected regions.

In his landmark announcement, Trump said consistent with the Jerusalem Embassy Act, he was directing the State Department to begin preparation to move the American Embassy from Tel Aviv to Jerusalem.

"This will immediately begin the process of hiring architects, engineers and planners, so that a new embassy, when completed, will be a magnificent tribute to peace," he said.

The controversial decision received mixed reactions.

"I have long believed that Jerusalem is the true capital of Israel. However, issues surrounding the final and permanent status of Jerusalem must ultimately be resolved by Israelis and Palestinians as part of an internationally supported peace process," Senator John McCain said.

"That is why today's policy announcement, as well as any future relocation of the US Embassy in Israel from Tel Aviv to Jerusalem, should be part of a comprehensive diplomatic strategy in coordination with regional partners to achieve peace and security between Israelis and Palestinians," he said.

Democratic Senator Tim Kaine, member of the Senate Foreign Relations Committee, said the reaction from across the world is "troubling", including from important allies of Israel, and asserted that the announcement could have "destabilising consequences" for a region already rife with tensions.

"I am worried about the impact of this decision on the safety of US personnel overseas and have raised my concerns with the State Department to ensure sufficient security measures are in place at all US embassies and consulates," he said.

Another Democratic leader Nancy Pelosi rued that in the absence of a negotiated settlement between Israel and the Palestinians, moving the US embassy to Jerusalem now may "needlessly spark mass protests, fuel tensions, and make it more difficult to reach a durable peace".

Senator Marco Rubio said, "Today's announcement is an important step in the right direction. Unequivocal recognition of Jerusalem as Israel's capital will be complete when the US embassy is officially relocated there".

Following the Trump's decision, many Arab leaders warned that it could trigger an upheaval in the already volatile Middle East.

Comments

M Parson
 - 
Friday, 8 Dec 2017

This is outmost blunder by USA & Israel. Palestinian gave Israel people to live on their land. Today they acquired the place & now they say its their. Trump will never have natural death. Its known fact that USA admin call Israeli as their father before they any decision. One day inn sha Allah these Israel people will be paid for the things which they have done to Palestinian people. USA being such big country is afraid of Israel. Hum kisi se kum nahii Hamare Dash mein dum nahii

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Agencies
June 19,2020

New Delhi, Jun 19: Delhi minister Satyendar Jain's health has deteriorated further. He is infected with the coronavirus. Jain has also been diagnosed with pneumonia. He is being shifted to an ICU.  According to doctors, Jain is now kept full-time on oxygen support as his oxygen saturation level has dipped.  

Jain was admitted to Rajiv Gandhi Super Speciality Hospital early Tuesday after running high fever and suffering a sudden drop in oxygen level. The 55-year-old leader's test result came positive on Wednesday evening after a second test. Jain was brought to the hospital and was administered a test for the novel coronavirus infection on Tuesday morning, for which he tested negative. But he still ran fever and showed symptoms, so another test was done after 24 hours of the first.

He will now be shifted Max Hospital in Saket and administered plasma therapy. 

Union Home Minister Amit Shah has also wished for Jain's speedy recovery.

On Thursday, Delhi Deputy Chief Minister Manish Sisodia took over the charge of health, PWD, power and other departments held by Jain. Jain will remain the cabinet minister without any portfolio in the Arvind Kejriwal government until he recovers. 

On Sunday, Jain attended a high-level meeting on the coronavirus situation in the national capital, chaired by Union Home Minister Amit Shah, which was also attended by Delhi Lt Governor Anil Baijal, Kejriwal, Sisodia and Union Health Minister Harsh Vardhan.

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News Network
February 26,2020

New Delhi, Feb 26: Calling the recent violence in Delhi as 'planned conspiracy', Sonia Gandhi on Wednesday demanded Union Home Minister Amit Shah's resignation over the clashes that left 20 people dead in two days.

"CWC (Congress Working Committee) believes Home Minister and Centre is responsible. The Home Minister should tender his resignation with immediate effect," the Congress party's interim chief told reporters here.

Violent clashes erupted between pro and anti-CAA groups in parts of northeast Delhi on Monday, leading to widespread vandalism and arson for over two days.

While many blamed police for inaction to control the mobs, Union Home Minister Amit Shah met the top brass of Delhi Police, Chief Minister Arvind Kejriwal, LG Anil Baijal and directed the officials to control the situation.

Gandhi blamed both the Central and the Delhi governments, saying the administration did not take adequate steps on time to curb violence in the national capital.

"Chief Minister Arvind Kejriwal and Center is equally responsible for not activating the administration to reach out to the people to maintain peace and harmony," Sonia added.

The death toll in the violence rose to 20 on Wednesday, according to GTB hospital authorities.

Government sources told ANI that the National Security Advisor (NSA) Ajit Doval has been given the charge of bringing normalcy in the capital.

Sources also said that Doval will brief Prime Minister Narendra Modi and the Cabinet about the prevailing situation.

The NSA last night visited Jaffrabad, Seelampur and other parts of northeast Delhi where he held talks with leaders of different communities.

Without naming any leader, the Congress interim president also targeted the leaders of the Bharatiya Janata Party for making inflammatory statements saying that "there is a conspiracy behind the violence, country also saw this during Delhi elections. Many BJP leaders made inciting comments creating an atmosphere of fear and hatred."

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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