Former Brazilian president Lula backs permanent UNSC seat for India

November 24, 2012
Luiz-Inacio-Lula-da-Silva

New Delhi, November 24: Former Brazilian president Luiz Inacio Lula da Silva called for a new global governance that recognized the greater prominence of developing countries like India and Brazil. Lula, as he is popularly called, said that this included a permanent seat on the United National security Council for a Latin American country, an African country and India. "This is not the world that was at the end of World War II," Lula said in his Jawaharlal Nehru Memorial Lecture on Friday evening.

UPA chairperson Sonia Gandhi, who introduced him, praised his rise from a shoeshine boy at the age of 12 to a much-loved two-term President, and used US President Barack Obama's words to describe him as "the most popular President in the world."

Speaking in Portuguese, Lula recalled the two countries' common stands at multilateral institutions in the past, including at the World Trade Organisation, and at climate change summits. He said that the Non Aligned Movement, which of late has been derided as an anachronistic gathering, had not only played an important role in its time but its principles remained fair and balanced; "history must do justice to NAM's legacy," Lula said.

Speaking of the economic crises in the US and the Eurozone, Lula said that bailouts were given to banks and companies, while there had been no bailing out of the common people. "History has shown that austerity is not only bitter, but ineffective," Lula said. "It is painful to watch the hopelessness of people in these countries, especially of the young," he said. Meanwhile structural errors like a deregulated banking system and financial speculation had not been addressed, Lula said.

Recalling that Nehru had said that crises force us to think, Lula said that it was time for a new compact between developing countries and financial institutions. "The world political order must reflect new realities," said Lula, adding that this new compact be based on the principle of inclusion. Lula spoke of the success of the Bolsa Familia conditional cash transfer project in Brazil, and said that he was proud of the historic social mobility that the bottom 50 per cent of Brazil was able to achieve under him "A similar path is being followed in India," Lula said.


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Agencies
March 14,2020

New Delhi, Mar 14: A Delhi court on Friday granted bail to three alleged members of the Popular Front of India (PFI) -- Parvez (Delhi President), Iliyas (Delhi Secretary) and Danish -- in connection with the organization's role in the northeast Delhi violence last month.

Metropolitan Magistrate Prabhdeep Kaur granted bail to all three accused on furnishing personal bail bonds of Rs 30,000 each.

The court said that "Investigating Officer (IO) has nowhere mentioned that any of the non-bailable offences has been disclosed or has come out during investigation till now, therefore, accused be enlarged on bail."

According to police, the three men were arrested for allegedly spreading fake propaganda during the anti-CAA protests.

Delhi police, while opposing bail and seeking remand, stated that police custody is required because accused were involved in a conspiracy of communal riots which resulted in the death of 50 innocent people and injuries to approximately 300 persons and huge loss of government and public properties.

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News Network
March 23,2020

Bengaluru, Mar 23: Indian stocks plunged over 9% on Monday, as the rapidly spreading coronavirus pandemic sent major states including the country's capital into a lockdown amid increasing fears that outbreak could bring world economies to a grinding halt.

The NSE Nifty 50 index slipped 9.17% to 7,937.75 by 0408 GMT, while the S&P BSE Sensex was 9.42% lower at 27,093.24.

Over the weekend in India, the virus drove several companies to shut operations and the government sent states into lockdowns, bringing normal life to a grinding halt.

"Panic has gone up domestically because of the lockdown situation," said Vinod Nair, head of research at Geojit Financial Services.

"There is fear that the situation will not be brought under control soon."

The rupee hit a fresh record low of 76.05 against the dollar, as a flight into cash and worries about tightening liquidity boosted demand for the world's reserve currency.

Meanwhile, global markets crumbled, with MSCI's broadest index of Asia-Pacific shares outside Japan sliding nearly 4% as the global death toll climbed to over 14,000, further battering economic activity, and raising fears of a global recession.

After market hours on Friday, the Securities and Exchange Board of India halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares to curb "abnormally high" volatility amid the pandemic.

In domestic trading, the Nifty PSU Bank Index plunged 8%, while the Nifty bank index crashed nearly 10%.

The Nifty Auto Index slid 9% after several carmakers over the weekend suspended production due to the virus.

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Agencies
July 20,2020

Kolkata, Jul 20: As many as 13 migrant workers who came to their native village in West Bengal's Bankura district were denied entry at the quarantine centre by the locals.

As a result, the workers had to set up a tent accommodation at a nearby Beraban forest area and lived together in a single tent there, without adequate food, drinking water and basic facilities.

The migrant labourers came from Rajasthan after four months of COVID-19 lockdown which was imposed nationwide on March 25 to contain the spread of coronavirus.

When they arrived at Jagadalla village in the Bankura district and tried to put up at a village school building for two weeks self-quarantine, angry villagers vehemently protested against their entry fearing Covid infections in their village.

Sources said that local police and panchayat members also failed to make the villagers understand the fact that if the labourers strictly stayed in self-quarantine there would be no chance of any further infection.

"The school is located quite within our neighbourhood. If they stay there and tested positive, they might spread Covid infections in the village. We cannot allow them to stay in the school building," said Aniket Goswami, a villager.

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