Business

04 July 2021; MEMO: Israeli defence officials were checking whether Iranian forces were behind a possible attack on a cargo ship under partial Israeli ownership on Saturday on its way from Jeddah to the United Arab Emirates, Israel's N12 Television News reported.

SANTIAGO, July 3 (Xinhua) -- Chile will have access to the new submarine fiber optic cable Mistral, which will stretch to Guatemala and have connection points in Peru and Ecuador later this year.

In a recent interview with Xinhua, Florencio Utreras, a researcher at the Mathematical Modeling Center of the University of Chile, explained that a submarine fiber optic cable allows light to be transmitted mainly through laser rays, which are emitted at the ends of communication devices, and which make it possible to transmit encrypted data.

New Delhi, Jul 4 (PTI) A day after the Congress demanded a JPC probe into the Rafale deal, Congress leader Rahul Gandhi on Sunday put out an online survey asking why the Modi government was not ready for it.

Among the choices given by Gandhi to the question were guilt conscience, saving friends, JPC does not want a Rajya Sabha seat and all the above.

02 July 2021; MEMO: The visit to Moscow of Algeria's Chief of Staff, General Said Chengriha, is being followed-up closely by European countries and Morocco to find out more about the arms deal that Algeria is expected to sign with Russia. They are keen to know if it will include Sukhoi 57 and Sukhoi 34 aircraft, and if Algeria will be Russia's gateway to the Sahel region.

03 July 2021; MEMO: Turkish President Recep Tayyip Erdogan announced on Friday that his country is present in Libya, Azerbaijan, Syria and the Eastern Mediterranean and will remain in these areas.

This came in a speech delivered by Erdogan on Friday, during his inspection of the tank track factory in the north-western Turkish state of Sakarya.

New Delhi, Jul 3 (PTI) Prime Minister Narendra Modi on Saturday described as "landmark" the decision to include retail and wholesale trade as MSMEs, which will allow traders the benefits of priority sector lending, and said his government is committed to empowering the community.

Union Minister Nitin Gadkari had on Friday announced the inclusion of retail and wholesale trade under MSMEs (micro, small and medium enterprises) as per which the traders will now get the benefit of priority sector lending under RBI guidelines.

02 July 2021; MEMO: The UN Security Council revealed on Thursday that it will not be able to resolve the dispute between Egypt, Sudan and Ethiopia over the Renaissance Dam on the River Nile because the issue is "beyond the scope" of the international body. The claim has shocked both Egypt and Sudan.

02 July 2021; MEMO: Turkey saw record high exports in both June and the first half of 2021, the trade minister announced today.

Turkish exports reached $19.8 billion in June, up 47 per cent compared to the same month last year, Mehmet Mus said, citing preliminary foreign trade figures.

Surging 40 per cent year-on-year, Turkey's exports hit $105 billion in the first six months of the year, Mus added.

CANBERRA, Australia (AP) — Australia plans to halve commercial passenger arrivals due to virus risks as parts of the country emerged from lockdowns Friday.

Australia will reduce its cap on arrivals from 6,000 passengers a week to 3,000 by July 14 to reduce pressure on hotel quarantine, Prime Minister Scott Morrison said after a meeting with state and territory leaders.

01 July 2021; MEMO: Egypt has domestically produced its first 300,000-dose batch of China's Sinovac coronavirus vaccine, the Ministry of Health announced yesterday.

Health Minister Hala Zayed told reporters that the doses were manufactured in two local factories, adding that one of the facilities was operating with a "capacity of 300,000 doses per day and an annual production capacity of 110 to 220 million doses."