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Biden refuses to sign Republican investment bill

22-03-2023 WASHINGTON: US President Joe Biden exercised his veto power for the first time, as he overturned a Republican-initiated prohibition on pension funds considering progressive principles in their investment decisions. The measure would have nullified a Labour Department rule that allowed retirement fund managers to take environmental, social and governance …

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Letter bombs target media outlets in Ecuador

22-03-2023 QUITO: Two TV stations in violence-plagued Ecuador were targeted with letter bombs, as officials and media reported. While one of the bombs exploded without causing any casualties, other media outlets also reported receiving suspect envelopes. A bomb sent to journalist Lenin Artieda exploded at his workplace in the port …

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Pensions overhaul sparked mass protests in France

22-03-2023 PARIS: French President Emmanuel Macron will give a televised interview, his office said on Tuesday, after his government fended off two no-confidence votes in parliament over a controversial pension’s overhaul that has sparked mass protests. Macron’s government used a constitutional measure to adopt the reform, which pushes back the …

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Arab States condemn Israeli minister’s ‘no Palestinians’ remark

22-03-2023 JERUSALEM/ DUBAI: The Palestinian Authority, Egypt and Jordan have condemned as “racist” a firebrand Israeli minister’s remarks denying the existence of the Palestinian people, with Amman summoning Israel’s ambassador for a rebuke. Israel’s far-right Finance Minister Bezalel Smotrich is part of veteran leader Benjamin Netanyahu’s hard-right government that took …

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Sri Lanka to get $2.9bn bailout in two days: IMF

22-03-2023 PENNSYLVANIA/ COLOMBO: Sri Lanka will get the first $330m tranche of an International Monetary Fund (IMF) bailout package in the next two days, says the global lender, putting the onus on the cash-strapped country to rein in its debt to sustainable levels. Economic mismanagement, coupled with the effects of …

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PM Modi to inaugurate ITU Area Office & Innovation Centre on March 22

New Delhi ‘Mar ’21 ‘2023-Prime Minister Narendra Modi will inaugurate the new International Telecommunication Union (ITU) Area office and Innovation Centre in India in New Delhi on Wednesday (22 March 2023). ITU is the United Nations specialised agency for information and communication technologies and its Headquarters is in Geneva. India …

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