We have a wonderful relationship with PM Modi, India: US

Agencies
November 30, 2017

Washington DC, Nov 30: The United States administration of President Donald Trump on Thursday hailed Global Entrepreneurship Summit (GES) which is being held in India's Hyderabad and said that its tremendous success is indicative of the strong bilateral relationship between the two great nations.

Calling the GES Summit a "tremendous success", the Spokesperson for the United States Department of State, Heather Nauert, said, "I am so proud that the US and India held the Global Entrepreneurship Summit in Hyderabad... I think it's a tremendous success when we bring in 1500 entrepreneurs from around the world."

Hailing the Indo-US ties, Nauert said, ''We have a wonderful relationship with PM Modi and India. A part of our constant conversations is to do more to help with North Korea. It is a global problem and a threat. Hope that India will do more and we’ll continue to have those conversations with government.''

When asked about Ivanka Trump leading the US delegation in the summit, she said, "We are also proud that Ivanka Trump, President Donald Trump's daughter and one of his most trusted and closest adviser, led the US delegation over there. I, personally, think of no better representative of a woman entrepreneur in the US than her to go over there."

Ivanka Trump was personally invited by Prime Minister Narendra Modi in June earlier this year to spearhead the delegation.

Ivanka's visit to India has been clouded by US media reports questioning Trump's clothing line and its supply chain as well as what some view as a snub by Rex Tillerson, the US Secretary of State, who had reportedly refused to send senior staff with Trump to India. But Nauert clearly rubbished these reports.

"The State Department was very much involved in helping to facilitate all of these. We have a bunch of people on the ground there," the US spokesperson added.

On the 1500 entrepreneurs from across the world attending the summit, Nauert said, "Our embassies helped in nominating, if I understand that correctly, many of the entrepreneurs from around the world. Picking entrepreneurs saying that we would like to help you get to India to be able to talk about the great work you are doing, the jobs that you are growing."

"Part of the theory behind that is women's empowerment and getting more women into the workforce by helping them succeed in growing companies by finding investors for those companies. So, we are pleased with that, that we brought in 1500 and more than half of those are women," she added.

The three-day summit, which is being hosted for the first time in South East Asia, began in Hyderabad on Monday.

"Technology is a great driver of entrepreneurship because a lot of women are leaving and saying this doesn't work for me. It is emboldening them to go out on their own. It is reducing barriers to starting new businesses, and creating flexibility around the schedule," Ivanka Trump had said earlier in the summit.

Ivanka Trump and the US delegates accompanying her were given a red carpet welcome in India and treated to a variety of Hyderabadi delicacies includingh biryani.

US President Donald Trump's daughter and other delegates of the GES Summit also attended a gala dinner hosted by Prime Minister Narendra Modi at the iconic Taj Falaknuma Palace on Tuesday.

Modi, Telangana Governor ESL Narasimhan, Chief Minister K Chandrasekhar Rao and some top politicians and industrialists dined with Ivanka on the 101-seater dining table at the palace hotel.

Ivanka and the US officials accompanying her were given a 'taste of India' at the extravagant dinner and were treated to famous Hyderabadi specialities like dahi ke kebab, gosht shikampuri kebab, kubani ke malai kofta, murg pista ka salan and sitaphal kulfi.

The five-course meal centred around the cuisine of Hyderabad and was reportedly designed by the Taj Falaknuma’s Executive Chef Sajesh Nair.

Ivanka was given a royal treatment and was ferried from the main gate to the palace atop the hill in a horse-drawn carriage of the Nizam era. She and other guests were greeted with a rose petal shower on entering the palace.

The White House advisor also went around the palace, which was once the residence of the Nizam, the ruler of erstwhile princely State of Hyderabad.

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News Network
March 19,2020

Rome, Mar 19: Italy on Wednesday reported 475 new deaths from the novel coronavirus, the highest one-day official toll of any nation since the first case was detected in China late last year.

The total number of deaths in Italy has reached 2,978, more than half of all the cases recorded outside China, while the number of infections stood at 35,713.

The previous record high of 368 deaths was also recorded in Italy, on Sunday. The nation of 60 million has now recorded 34.2 percent of all the deaths officially attributed to COVID-19 across the world.

With the death rate still climbing despite the Mediterranean country entering a second week under an effective lockdown, officials urged Italians to have faith and to stay strong.

"They main thing is, do not give up," Italian National Institute of Health chief Silvio Brusaferro said in a nationally televised press conference.

"It will take a few days before we see the benefits" of containment measures, said Brusaferro. "We must maintain these measures to see their effect, and above all to protect the most vulnerable."

Imposed nationally on March 12, the shutdown of most Italian businesses and a ban on public gatherings are due to expire on March 25.

But school closures and other measures, such as a ban fan attendance at sporting events, are due to run on until April 3.

A top government minister hinted Wednesday that the school closure would be extended well into next month, if not longer.

The rates within Italy itself remained stable, with two-thirds of the deaths -- 1,959 in all -- reported in the northern Lombardy region around Milan, the Italian financial and fashion capital.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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News Network
March 28,2020

Berlin, Mar 28: The number of confirmed coronavirus infections worldwide topped 600,000 on Saturday as new cases stacked up quickly in Europe and the United States and officials dug in for a long fight against the pandemic.

The latest landmark came only two days after the world passed half a million infections, according to a tally by John Hopkins University, showing that much work remains to be done to slow the spread of the virus. It showed more than 602,000 cases and a total of over 27,000 deaths.

While the U.S. now leads the world in reported infections — with more than 104,000 cases — five countries exceed its roughly 1,700 deaths: Italy, Spain, China, Iran and France.

“We cannot completely prevent infections at this stage, but we can and must in the immediate future achieve fewer new infections per day, a slower spread,” German Chancellor Angela Merkel, who is in quarantine at home after her doctor tested positive for the virus, told her compatriots in an audio message. “That will decide whether our health system can stand up to the virus.”

The virus already has put health systems in Italy, Spain and France under extreme strain. Lockdowns of varying severity have been introduced across Europe. Merkel's chief of staff, Helge Braun, said that Germany — where authorities closed nonessential shops and banned gatherings of more than two in public — won't relax its restrictions before April 20.

As the epicenter has shifted westward, the situation has calmed in China, where some restrictions on people's lives have now been lifted. Six subway lines restored limited service in Wuhan, where the virus first emerged in December, after the city had its official coronavirus risk evaluation downgraded from high to medium on Friday. Five districts of the city of 11 million people had other restrictions on travel loosened after their risk factor was downgraded to low.

For most people, the coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. But for others, especially older adults and people with existing health problems, the virus can cause more severe illness, including pneumonia, and lead to death.

More than 130,000 people have recovered, according to Johns Hopkins' tally.

In one way or another, the effects of the COVID-19 outbreak have been felt by the powerful and the poor alike.

On Friday, British Prime Minister Boris Johnson became the first leader of a major country to test positive for the virus. He said he would continue to work from self-quarantine.

Countries are still scrambling bring home some citizens stranded abroad by border closures and a near-shutdown of flights. On Saturday, 174 foreign tourists and four Nepali nationals on the foothills of Mount Everest were flown out days after being stranded on the only airstrip serving the world's highest mountain.

In neighboring India, authorities sent a fleet of buses to the outskirts of the capital to meet an exodus of migrant workers desperately trying to reach their home villages during the world's largest lockdown.

Thousands of people, mostly young male day laborers but also families, had fled their New Delhi homes after Prime Minister Narendra Modi announced a 21-day lockdown that began on Wednesday and effectively put millions of Indians who live off daily earnings out of work.

In a possibly hopeful sign, the U.S. Food and Drug Administration cleared a new rapid test from Abbott Laboratories, which the company says can detect the coronavirus in about 5 minutes. Medical device maker Abbott announced the emergency clearance of its cartridge-based test Friday night, saying the test delivers a negative result in 13 minutes when the virus is not detected.

While New York remained the worst-hit city in the U.S., Americans braced for worsening conditions elsewhere, with worrisome infection numbers being reported in New Orleans, Chicago and Detroit.

New Orleans’ sprawling Ernest N. Morial Convention Center, along the Mississippi River, was being converted into a massive hospital as officials prepared for thousands more patients than they could accommodate.

In New York, where there are more than 44,000 cases statewide, the number of people hospitalized with COVID-19 passed 6,000 on Friday, double what it had been three days earlier.

Gov. Andrew Cuomo called for 4,000 more temporary beds across New York City, where the Jacob K. Javits Convention Center has already been converted into a hospital.

The struggle to defeat the virus will take “weeks and weeks and weeks,” Cuomo told members of the National Guard working at the Javits Center.

President Donald Trump invoked the Defense Production Act on Friday, ordering General Motors to begin manufacturing ventilators. Trump had previously rejected Cuomo's pleas for tens of thousands more of the machines and the governor's calls to implement the Korean War-era production law.

Trump signed a $2.2 trillion stimulus package, after the House approved the sweeping measure by voice vote. Lawmakers in both parties lined up behind the law to send checks to millions of Americans, boost unemployment benefits, help businesses and toss a life preserver to an overwhelmed health care system.

Dr. John Brooks of the U.S. Centers for Disease Control and Prevention warned Americans remained “in the acceleration phase” of the pandemic and that all corners of the country were at risk.

"There is no geographic part of the United States that is spared from this," he said.

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