Around the Globe

Around the Globe

Bangladesh PM Says Government Will Continue to Help Rohingya

Bangladesh’s Prime Minister Sheikh Hasina said Saturday that her government would continue to support nearly 1 million Rohingya Muslims who have fled neighbouring Myanmar to escape violence.

Hasina said the government was pursuing a plan to build temporary shelters for the Rohingya on an island with the help of international aid agencies whom she praised for their support.

She made the statement at Dhaka airport on her return from New York after attending the U.N. General Assembly session. The U.N. has described the violence in Myanmar as “ethnic cleansing.”

Trump Rattles Sabre at North Korea: ‘Only One Thing Will Work’

President Donald Trump returned to saber-rattling against North Korea, saying that “only one thing will work!” after years of diplomacy have failed, even as his counterpart in Pyongyang termed nuclear weapons a powerful deterrent.

“Presidents and their administrations have been talking to North Korea for 25 years, agreements made and massive amounts of money paid hasn’t worked, agreements violated before the ink was dry, makings fools of U.S. negotiators,” Trump said in a pair of tweets.

Govt to lower number of PSBs to 10-15: FinMin advisor

India will have 10-15 public sector banks with government's majority stake, down from 21 at present, as part of its plan to consolidate banks, Finance Ministry's principal economic advisor Sanjeev Sanyal said today.

He said cleaning up of the bad loan problems is the first priority and after that the PSU banks could be consolidated.

Europe could see another Brexit-like rupture—beyond Spain

Some of the great moments of history sneak up on businesspeople. Two years ago, Britain looked to be Europe’s most economically rational country; now its companies seem to be rolling from one economic earthquake to another, with Brexit looking increasingly likely to be followed by the election of a near-Marxist prime minister, Jeremy Corbyn.

Las Vegas gunman stockpiled weapons over decades, planned attack

The Las Vegas gunman who killed 58 people and himself in the deadliest mass shooting in modern US history stockpiled weapons and ammunition over decades, and meticulously planned the attack, authorities believe.

But what led Stephen Paddock, 64, to unleash the carnage he did remains largely a mystery.

“What we know is that Stephen Paddock is a man who spent decades acquiring weapons and ammo and living a secret life, much of which will never be fully understood,” Clark County Sheriff Joseph Lombardo said at a news briefing on Wednesday night

Govt working on fiscal incentives to boost industry: Prabhu

Commerce and Industry Minister Suresh Prabhu today said he is working closely with the finance ministry and other departments to firm up policy initiatives along with fiscal incentives to give a fillip to industrial growth and job creation.

Las Vegas massacre probe turns to gunman’s girlfriend

The quest by police to comprehend why a retiree shot 58 people to death in Las Vegas has turned to the gunman’s girlfriend, who has flown back to the United States from the Philippines facing investigators’ questions about what she knew of his motives.

Stephen Paddock, who killed himself moments before police stormed the hotel suite he had transformed into a sniper’s nest on Sunday night, left no clear clues as to his reasons for staging the deadliest mass shooting in modern US history.

Jaitley urges states to cut VAT on petrol, diesel

After the Centre taking a hit of Rs 26,000 crore by cutting excise duty on oil, Finance Minister Arun Jaitley today nudged states to cut sales tax or VAT on petrol and diesel to provide further relief to consumers from high fuel prices.

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