Washington DC

New Delhi, May 30 (PTI) Institutional investment in Indian real estate fell 12 per cent to USD 4.48 billion (around Rs 33,800 crore) last fiscal year on lower economic growth and uncertainty over the coronavirus pandemic, US-based property consultant Vestian said.

"The fiscal year 2020 saw a total institutional investment of USD 4,480 million. This depicted a decline of 12 per cent when compared with the quantum of investment in the previous year fiscal year 2019," Vestian said in the report.

Washington, May 31 (PTI) US President Donald Trump on Saturday postponed the "outdated" Group of Seven summit that he planned to hold in June at the White House, seeking inclusion of India and some other countries to the grouping of world's top economies.

Trump told reporters, travelling with him on board the Air Force One from Florida to Washington DC, that he is "postponing it until September" and plans to invite Russia, South Korea, Australia and India.

UNITED NATIONS, May 30 (NNN-AGENCIES) — The United States and Britain on Friday urged China at the UN Security Council to reverse course over its new security law in Hong Kong, defying Beijing’s outrage over having the controversy discussed at the world body.

The UN meeting came as President Donald Trump prepared to take further action in an escalating row with China, which on Thursday proceeded with a controversial measure that many Hong Kongers see as ending much of their freedom.

WASHINGTON, May 30 (NNN-AGENCIES) — US President Donald Trump ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world’s two biggest economies.

WASHINGTON, May 29 (NNN-AGENCIES) — The United States said it has approved the sale of 84 of the most recent generation of Patriot missiles to Kuwait, plus equipment to modernize the country’s antimissile program, for a total of $1.425 billion.

The State Department said in a statement that sale benefits both parties.

WASHINGTON, May 29 (NNN-AGENCIES) — The United States will take action to prevent alleged espionage by Chinese students, Secretary of State Mike Pompeo said, ahead of an expected announcement by President Donald Trump.

Trump earlier said that he will hold a press conference Friday about China amid soaring tensions between the two powers, including over the status of Hong Kong and the novel coronavirus pandemic.

WASHINGTON, May 28 (NNN-AGENCIES) — In the decentralized American system, the COVID-19 pandemic is draining public finances in many cities and states, and without help from the federal government, experts say the consequences will be lasting and the recovery slower.

“There cannot be a national recovery if the state and local governments are not funded,” New York’s Democratic Governor Andrew Cuomo said Wednesday.

WASHINGTON, May 28 (NNN-AGENCIES) — The United States said it was ending waivers in its sanctions for nations that remain in the Iran nuclear accord, bringing the deal further to the verge of collapse.

Secretary of State Mike Pompeo said he was responding to Iran’s “brinkmanship” of nuclear steps, which have been aimed at pressuring the United States to remove sanctions as called for by the 2015 accord.

“These escalatory actions are unacceptable and I cannot justify renewing the waiver,” Pompeo said in a statement.

WASHINGTON, May 28 (NNN-AGENCIES) — The US Congress voted to open the way to sanctions against Chinese officials over the mass incarceration of Uighurs and other Muslim minorities.

The House of Representatives voted 413-1 to back the final version of the Uighur Human Rights Act, which has already angered Beijing.

President Donald Trump can sign or veto the bill, but Congress easily has the votes to override him if he rejects it.

Washington, May 26 (AP/PTI) A ban on foreign travellers arriving in the US from Brazil due to the surge in coronavirus cases there will now take effect late Tuesday, two days earlier than previously announced.

The ban had been set to go into effect late Thursday. The White House announced the change Monday without explanation.

Brazil is second to the US in the number of confirmed COVID-19 cases, according to a tally from Johns Hopkins University, and has seen cases surge in recent days.