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World

Monday, October 26, 2020

Erdogan urges Turks to boycott French goods
Exchange

Erdogan urges Turks to boycott French goods

  • Just like they say 'Don't buy good with Turkish brands' in France, I am calling to all my citizens from here to never help French brands or buy them.
  • Shares in the Turkish unit of French-American telecoms equipment company Alcatel Lucent were down 10% on the Istanbul stock exchange after Erdogan's comments.
Published 26 Oct, 2020 07:31pm
India says to sign military agreement with US on sharing of satellite data
Exchange

India says to sign military agreement with US on sharing of satellite data

  • The Basic Exchange and Cooperation Agreement on Geospatial Cooperation (BECA) will allow India access to topographical, nautical and aeronautical data for better accuracy of weapons like missiles and drones.
  • The two ministers expressed satisfaction that agreement of BECA will be signed during the visit.
Published 26 Oct, 2020 07:24pm
Pakistani, Indian diaspora rally together for US presidential election
World

Pakistani, Indian diaspora rally together for US presidential election

Meet Mr. Shekar Narasimhan, Indian-American investment banker, and Mr. Dilawar Syed, a tech entrepreneur in California, who co-founded the Asian American and Pacific Islanders Victory Fund (AAPIVF), a group that aims to mobilise and elevate voices from these communities in local and national politics.
Updated 26 Oct, 2020 08:40pm
Iran reports COVID-19 death every four minutes, extends curbs
South Asia

Iran reports COVID-19 death every four minutes, extends curbs

  • "Our doctors and nurses are tired. I urge everyone to respect the protocols," Alireza Zali said.
  • The closure of schools, mosques, shops, restaurants and other public institutions in Tehran, that was due to end on Monday, would now be extended until Nov. 20.
Updated 27 Oct, 2020 02:52pm
Brazil inflation, interest rates outlook ticks higher
USA

Brazil inflation, interest rates outlook ticks higher

  • It is the first time since March that the central bank's regular 'FOCUS' survey of around 100 economists has pegged inflation this year at 3%.
  • The central bank is widely expected to keep the Selic rate on hold at a record low 2.00% later this week.
Published 26 Oct, 2020 06:14pm
German govt raises 2020 GDP forecast to -5.5pc
Europe

German govt raises 2020 GDP forecast to -5.5pc

  • The government now expects GDP to shrink 5.5% in 2020 compared to a previous estimate for a 5.8% decline.
  • The German economy contracted by 9.7% in the second quarter as household spending collapsed at the height of the pandemic.
Updated 27 Oct, 2020 02:52pm
Microsoft quietly prepares to avoid spotlight under Biden
USA

Microsoft quietly prepares to avoid spotlight under Biden

  • The Redmond, Washington-based software company is the fourth largest contributor to Democratic Presidential candidate Joe Biden's candidate campaign committee.
  • Microsoft Chief Technology Officer Kevin Scott and his wife have contributed over $50,000 supporting committees helping Biden win.
Published 26 Oct, 2020 05:17pm
US air strike kills five Taliban fighters: official
South Asia

US air strike kills five Taliban fighters: official

  • Violence has escalated in recent weeks with clashes taking place between the insurgents and government troops across the country.
  • He said the action was in accordance with terms of the United States withdrawal agreement struck with the Taliban in February.
Published 26 Oct, 2020 04:52pm
More mass testing in China
World

More mass testing in China

BEIJING: Chinese officials were racing Sunday to smother a fresh coronavirus outbreak in the country’s far...
Published 26 Oct, 2020 02:52am
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