WORLD
PM Modi reaches Paris on two-day visit, received by French counterpart
On the first day of his visit, Modi will visit the Senate of France and meet its President Gerrad Larcher. Later in the evening, the Prime Minister will have a meeting with Borne. He will also address an Indian community event at the iconic La Seine Musicale at around 11 p.m. (IST).
Indian businesses, education community hope to get new dimension of ties during PM Modi's UAE visit
During the visit, he will hold talks with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi. The India-UAE Comprehensive Strategic Partnership continues to, and the Prime Minister's visit will be an opportunity to recognise opportunities to take it forward in various sectors such as energy, education, healthcare, food security, fintech, defense, and culture.
Heat wave bakes Southern California, intensifying wildfire risks
The heat wave has come to the region as a heat dome builds over the US Southwest and West, reports Xinhua news agency. The peak of the excessive heat will strike Friday through Sunday, according to the U.S. National Weather Service (NWS).
N.Korea confirms test-firing of Hwasong-18 intercontinental ballistic missile
Guided by Kim, the North launched a new type of the Hwasong-18 missile in a test aimed at reconfirming the technical creditability and operational reliability of the country's core weapon system, according to Pyongyang's official Korean Central News Agency (KCNA).
Ex-US Marine sues Fox News over Capitol riot conspiracy claim
The lawsuit, filed in a Delaware court on Wednesday, accuses Fox News of telling a "fantastical story" suggesting that Epps was a federal agent to make him a "scapegoat" for the raid on Congress, the BBC reported. Epps, a supporter for former President Donald Trump, was filmed encouraging people to enter the Capitol complex in January 2021, but he was not charged.
IMF finally approves $3bn bailout for Pakistan
In a statement issued late Wednesday night, the IMF said: “The Executive Board of the IMF approved a nine-month Stand-By Arrangement (SBA) for Pakistan for an amount of about $3 billion, or 111 per cent of quota, to support the authorities economic stabilisation programme.
Global public debt hit record $92 tn in 2022, warns UN
This five-fold surge in public debt levels since 2000, demands immediate action to tackle the escalating crisis affecting developing countries in particular. Guterres stressed: "On average, African countries pay four times more for borrowing than the US and eight times more than the wealthiest European economies."
IMF bailout guarantees no end to Pakistan political turmoil
The political parties that were ‘consulted’ have eschewed their usual anti-West tirade, but sections of the media have questioned the “attack on national sovereignty”. Some have justified it as a measure by which the IMF, like any lender, would want to ensure that its money is properly utilised.
NATO summit ends amid division, opposition
During the summit concluding on Wednesday, NATO adopted its "most comprehensive defence plans since the end of the Cold War" and endorsed a new defence production action plan. Under the new plans, NATO aims to have 300,000 troops fully ready for action, Xinhua news agency reported.
Delhi G20 Summit an opportunity to start reform of global financial system: Antonio Guterres
Antonio Guterres referred to the recent international initiatives on dealing with the crisis and said, “The upcoming G20 Summit is an opportunity to take these ideas forward." The summit in September in New Delhi, the G20, which is made up of industrialised and major emerging economies will be presided over by Prime Minister Narendra Modi.
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