Saturday 8th May 2021

  • IT Conslting, Digital Transformation with IT Services
    • China continues to widen market access for foreign investors China-continues-to-widen-market-access-for-foreign-investors

      China will continue to widen market access for foreign investors next year, a commerce ministry official said on Saturday. The negative list for foreign investment is expected to be further shortened in 2019, said Tang Wenhong, head of foreign investment management department under the Ministry of Commerce (MOFCOM), during the MOFCOM work conference. The ministry will also push for the lifting of market access restrictions on foreign investment in sectors not on the negative list so as to level the playing field for Chinese companies and foreign enterprises alike, Tang added. China has adopted a foreign investment administration model...

    • Mexico Puebla governor Martha Erika Alonso killed in air crash Mexico-Puebla-governor-Martha-Erika-Alonso-killed-in-air-crash

      The governor of Mexico’s central Puebla state, Martha Erika Alonso, has died in an air crash, just days after being sworn into office. Her husband, Senator Rafael Moreno Valle, was also killed. Reports say Monday’s accident happened shortly after the aircraft – believed to be a helicopter – took off from the state capital of Puebla. Ms Alonso, 45, became the first female governor of Puebla after hotly contested elections. She was a member of the centre-right PAN party. The deaths were confirmed by Mexico’s new President, Andrés Manuel López Obrador. In a tweet (in Spanish), President López Obrador...

    • Erdogan, Trump agree to avoid power vacuum in Syria Erdogan-Trump-agree-to-avoid-power-vacuum-in-Syria

      Donald Trump and Turkish President Recep Tayyip Erdogan agreed Sunday to prevent a power vacuum in Syria after U.S. ground forces withdraw, in a phone conversation days after the U.S. president shocked global partners by announcing Americans would leave the war-scarred country.  Turkey was a rare ally that lauded Trump’s momentous decision to pull the 2,000 U.S. troops out of Syria, where they have been helping assisting in a multinational fight against ISIL. “The two leaders agreed to ensure coordination between their countries’ military, diplomatic and other officials to avoid a power vacuum which could result following any abuse...

    • China launches first Hongyun low-orbit satellite China-launches-first-Hongyun-low-orbit-satellite

      China successfully sent a low-Earth-orbit communication satellite into space via a Long March 11 carrier rocket on Saturday morning from the Jiuquan Satellite Launch Center in northwest China, marking great strides for China’s satellite launch in low orbit.  As the first satellite in the Hongyun family, the Hongyun-1 is expected to verify low-orbit broadband communication technologies applied on the satellite constellation. According to NASA Space Flight, a U.S.-based space flight news website, this is the first satellite in a vast space-based communications network capable of covering every corner on Earth, including the Arctic and Antarctica. The constellation, announced by...

    • Plane crashes after delivering materials for DR Congo election Plane-crashes-after-delivering-materials-for-DR-Congo-election

      A Congolese cargo plane that went missing after delivering materials for a presidential election has crashed, a senior manager at the airline said on Friday. It was not clear how many people were on board. Air accidents are relatively frequent in Democratic Republic of Congo due to lax safety standards. “The plane has fallen and there are people on the ground,” Gomair’s financial director, Jean de Dieu Gato Karekezi, told Reuters by telephone after the aircraft’s disappearance on Thursday, adding he was unable to give more information. Earlier, Karekezi said the plane had been rented by the national electoral...

    • Passengers safe after Brazilian plane makes emergency landing Passengers-safe-after-Brazilian-plane-makes-emergency-landing

      A Brazilian passenger airplane heading to London made an emergency landing due to technical malfunctions at the Tancredo Neves International Airport in Brazil at midnight on Thursday, Xinhua reports.  All 355 onboard, including 339 passengers, have been evacuated safely. The Boeing 777 passenger airplane took off from Sao Paulo around 0:30 a.m. on Thursday and made the emergency landing at around 1:43 a.m. due to technical problems. More than 100 flights have been canceled and many are affected. The Tancredo Neves International Airport will resume its operation as early as Thursday evening. 

    • U.S. approves $3.5 billion sale of Patriot missiles to Turkey U.S-approves-$3.5-billion-sale-of-Patriot-missiles-to-Turkey

      The United States has said it approved a 3.5-billion- U.S.-dollar sale of Patriot air and missile defense systems to Turkey amid tensions between the NATO allies over Ankara’s plans to buy similar systems from Russia.  The State Department said on Wednesday it had notified Congress of plans to sell Turkey a Patriot package that includes 80 Patriot guidance-enhanced missiles and 60 PAC-3 missile interceptors and related equipment.  It’s reported that the proposed sale will increase the defensive capabilities of the Turkey military to guard against hostile aggression and shield NATO allies who might train and operate within Turkey’s borders....

    • Inflation eases as petrol prices fall Inflation-eases-as-petrol-prices-fall

      The UK inflation rate fell slightly to 2.3% in November, from 2.4% the previous month, driven mainly by a big fall in petrol prices. The Consumer Prices Index (CPI) figure for the month was the lowest since March 2017, according to the Office for National Statistics (ONS). Video games prices also fell, but those declines were partly offset by a rise in tobacco prices. The inflation figure was in line with analysts’ expectations.   ONS head of inflation Mike Hardie said: “Inflation was little changed as falling petrol prices, thanks to a substantial drop in the cost of crude...

    • Trump charity to dissolve under agreement with N.Y. attorney general Trump-charity-to-dissolve-under-agreement-with-N.Y-attorney-general

      U.S. President Donald Trump’s namesake charitable foundation has agreed to dissolve under court supervision following a lawsuit by New York’s attorney general claiming Trump misused the foundation to advance his 2016 presidential campaign and his businesses, the attorney general said on Tuesday. New York Attorney General Barbara Underwood, a Democrat, said the Donald J. Trump Foundation’s assets will be distributed to charities vetted by her office. The deal is subject to approval by a New York state judge. Trump has previously said on Twitter that Underwood’s lawsuit was a concoction by “sleazy New York Democrats.” The ruling came less...

    • Afghanistan ceasefire push in focus in U.S. Afghanistan-ceasefire-push-in-focus-in-U.S.

      Talks between U.S. and Taliban officials aimed at arranging peace negotiations in Afghanistan were set for a second day on Tuesday after discussions around the future of foreign forces and a possible six-month ceasefire, Taliban sources said. The three-day meeting in Abu Dhabi is at least the third time that U.S. special peace envoy Zalmay Khalilzad has met Taliban representatives as diplomatic efforts to end the 17-year war, which has intensified this year. On Monday, a Taliban delegation met officials from Saudi Arabia, Pakistan and the United Arab Emirates ahead of their meeting with Khalilzad, who was appointed to...