Business

NEW DELHI, Jan 26 (NNN-XINHUA) – India and Brazil, on Saturday, inked 15 agreements, for boosting mutual cooperation on a wide range of areas, including cyber security, oil and natural gas, and health and medicine.

Other agreements covered cooperation in traditional systems of medicine and homeopathy, cultural exchange, social security, scientific and technological cooperation, geology and mineral resources, and animal husbandry and dairying, etc.

BEIRUT, Jan 26 (NNN-NNA) – French President, Emmanuel Macron, assured that, France is committed to supporting Lebanon to preserve its unity and stability, said a statement by the Lebanese Presidency.

“We hope that this new cabinet works on achieving the Lebanese people’s hopes, by implementing the reforms promised during the CEDRE Conference,” Macron said, during a phone call with Lebanese President, Michel Aoun, to congratulate him on the government formation.

CAIRO, Jan 26 (NNN-MENA) – Egypt has allocated three billion Egyptian pounds (about 190 million U.S. dollars), to implement an emergency plan, for developing road networks and boosting infrastructure, Egyptian Finance Minister, Mohamed Maait, said.

The allocation came during the minister’s meeting with local development minister, Mahmoud Shaarawy, according to official Ahram Online news website.

Maait said, road surfacing will be made according to the highest technical and quality standards.

25 Jan 2019; MEMO: Lebanon’s central bank said on Saturday there would be no “haircut” on deposits at banks due to the country’s financial crisis, responding to concerns voiced by a prominent Arab billionaire about risks to foreign investments there.

TOKYO, Jan 25 (NNN-NHK) – A supplementary budget worth 4.47 trillion yen (40.77 billion U.S. dollars), for fiscal 2019, earmarked in part, to underpin reconstruction efforts in Japan, after a series of natural disasters, is likely to be approved by parliament next week, lawmakers were quoted as saying.

BRUSSELS, Jan 24 (NNN-AGENCIES) — Heads of the European Council and the European Commission on Friday signed on Britain’s exit from the European Union (EU) later this month.

“.@eucopresident Charles Michel and I have just signed the Agreement on the Withdrawal of the UK from the EU, opening the way for its ratification by the European Parliament,” President of the European Commission Ursula von der Leyen said on Twitter.

24 Jan 2019; MEMO: The Foreign Minister of the Turkish Republic of Northern Cyprus (TRNC) has stated that the European Union cannot stop Turkey from asserting its rights to natural resources in the region of the Eastern Mediterranean.

Davos, Jan 24 (PTI) The World Economic Forum on Friday announced the first global consortium focused on designing a framework for the governance of digital currencies, including stablecoins.

The Global Consortium for Digital Currency Governance will aim to increase access to the financial system through innovative policy solutions that are inclusive and interoperable.

Kolkata, Jan 24 (PTI) Kolkata Metro is planning to rollout a Chinese rake, trials of which are currently being conducted, an official said here on Friday, insisting that the move is aimed at phasing out its old fleet.

Five new rakes made by the Integral Coach Factory, Perumbur, were made operational last year by the Metro Railway -- which on an average runs 22 to 24 trains daily on the 27.2 -km-long Noapara-Kavi Subhash route -- she said.

New Delhi, Jan 24 (PTI) Under attack for doling out subsidies, Delhi Chief Minister Arvind Kejriwal on Friday said freebies in limited dose are good for the economy as they make more money available to the poor and boosts demand.

Opposition parties have been attacking the AAP-led Delhi government for giving "freebies" ahead of polls after it announced schemes like free bus rides for women and 200 units of free electricity.