3 Dec
2019

Minor girl gang-raped in Manipur

first_imgA 14-year-old girl was gang-raped allegedly by four youths in the Thanga islet of the Loktak lake on Tuesday, police in Bishnupur district said. A manhunt has been launched for the rapists.During preliminary investigation, the girl said a youth had asked her to visit a spot to talk about the photographs he had taken of her from atop a hill. He had threatened to post the photos on social media.When she visited the spot, the youth along with his three friends whisked her away in a van. She was taken to a secluded place where she was raped and left unconscious. That night she took shelter in a house nearby and later filed a police complaint.Talking about action taken against sexual offenders, Chief Minister N. Biren Singh said that after establishing a fast-track court to deal with crimes against women, 11 convicts had been sentenced to long prison terms. In one case, the rapist had been sentenced to life, while his accomplices had been awarded 20-year jail term.last_img read more

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23 Oct
2019

CSP Starts Building Container Terminal at Khalifa Port

first_imgzoom China-based Cosco Shipping Ports (CSP) and port developer and operator Abu Dhabi Ports held a ground-breaking ceremony for the CSP Abu Dhabi Container Terminal at Khalifa Port on November 5.The terminal is located along the ‘Silk Road Economic Belt and the 21st Century Maritime Silk Road’ and the shipping hub of West Asia region.The parties informed that the construction and development of the terminal is expected to last some 18 months, while the operations are scheduled to start in the first quarter of 2019.In September 2016, Abu Dhabi Ports awarded a 35-year concession to Cosco Shipping Ports under which the company is to build and operate the container terminal at Khalifa Port.With an annual designed capacity of about 2.5 million TEU and backed by the large shipping fleets of Cosco Shipping, CSP Abu Dhabi Terminal “will be well placed to be a shipping hub for major international shipping companies in the Upper Gulf Region.”Image Courtesy: Cosco Shipping PortsDuring the event, the parties also signed a new agreement for the development of the largest container freight station (CFS) in the region, according to Abu Dhabi Ports.“The partnership between Abu Dhabi Ports and COSCO SHIPPING Ports to develop the region’s largest container freight station will add a new dimension to UAE/China trade relations and is fully aligned with Abu Dhabi’s Vision 2030 to drive growth, attract investment, support economic diversification and create sustainable jobs,” Ahmed Al Jaber, Minister of State and Chairman of Abu Dhabi Ports, said.“The signing of the agreement on CSP Abu Dhabi CFS project will further strengthen the services of the terminal and enhance the trade cooperation between the two countries,” Xu Lirong, Chairman of Cosco Shipping, said.last_img read more

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23 Oct
2019

NRF Latest Tariffs Are Too Great a Gamble for US Economy

first_imgzoomImage Courtesy: The White House under public domain license The latest wave of tariff increases, unveiled by U.S. President Trump earlier in May, could bee too great of a gamble for the U.S. economy, according to the National Retail Federation.The Trump administration released a list of USD 300 billion of Chinese goods that will be targeted by additional tariffs of 25 percent.NRF voiced its support of the administration’s efforts, but said that “the latest tariff escalation is far too great a gamble for the U.S. economy.”“Slapping tariffs on everything U.S. companies import from China – goods that support U.S. manufacturing and provide consumers with affordable products – will jeopardize American jobs and increase costs for consumers,” Matthew Shay, NRF President and CEO, said.“Working with our allies who share the same concerns and immediately rejoining TPP are more effective ways to put pressure on China without hurting hardworking Americans. We urge the U.S. and China to get these critical negotiations back on track. Both sides will lose in a full-blown trade war, and the global economy will suffer,” Shay continued.NRF said that a study commissioned by Tariffs Hurt the Heartland and prepared by Trade Partnership estimated that imposing tariffs of 25 percent on all remaining imports from China, combined with the impact of retaliation, would jeopardize more than 2 million American jobs, cost the average U.S. family of four USD 2,300 each year and reduce the value of U.S. GDP by 1 percent.last_img read more

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