VIF Information Alerts - 15 July 2019
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Chinese economic growth falls to 6.2% as global slowdown bites
Published: The Guardian

15 Jul 2019

Chinese growth slowed to its weakest pace in almost three decades in the second quarter with the US-China trade war and weakening global demand weighing on the world’s second-biggest economy, official data showed Monday. The slowdown makes it more difficult for president Xi Jinping to fight back forcefully against the US, which is using tariffs as leverage to try to force Beijing into opening up its economy.Click here to read...

UK says seized Iranian oil tanker could be released
Published: The Indian Express

15 Jul 2019

Britain will facilitate the release of a seized Iranian tanker if Iran can provide guarantees the vessel would not breach European sanctions on oil shipments to Syria, Britain’s top diplomat said, as European nations called for new talks to ease tensions in the Persian Gulf. The comments by Foreign Secretary Jeremy Hunt late Saturday could help de-escalate tensions that have spiked in recent days.Click here to read...

Pakistan told to pay $5.9bn to mining firm in Reko Diq case
Published: The Dawn

14 Jul 2019

The Inter­national Centre for Settle­ment of Investment Disp­utes (ICSID), one of the five organisations of the World Bank Group, has announced a huge award of $5.976 billion against Pakistan in the Reko Diq case. The international tribunal which provides facilities for conciliation and arbitration of international investment disputes, rendered its judgement on Friday — a 700-page ruling against Pak­istan in the Reko Diq case.Click here to read...

India considers committing aviation assets for UN
Published: Deccan Herald

14 Jul 2019

India said it is considering to commit aviation assets to help UN enhance its peacekeeping capabilities as the world organisation faces shortage of critical enablers such as rapidly deployable forces, engineer companies and medical services for its peacekeeping operations. Addressing the UN Chiefs of Defence Conference here on Thursday, Vice Chief Of Army Staff Lieutenant General Devraj Anbu said India has deployed four hospitals, one Engineer Company and a Signal Company in various UN missions.Click here to read...

Situation improving, Centre to stick to ‘aggression’ in J&K
Published: The Tribune

15 Jul 2019

Hinting the government would continue with its “aggressive stance” in Jammu and Kashmir, officials in the Ministry of Home Affairs (MHA) said the continued tough initiatives had paid off as a substantial decline was witnessed in the number of local youths joining militant ranks and also cases of infiltration from across the border.

Quantifying the improvement in security scenario in the state compared to the corresponding period the previous year, a senior MHA official said “concerted and coordinated” efforts by forces had led to a 28 per cent decline in militant activities.Click here to read...

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