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Monday, September 30, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Turkey waging new war of economic liberation, says Erdogan after country’s currency falls

Erogan's speech follows the Turkish lira weakening to a record low of 8.3849 per dollar on Friday.

France reports 545 Covid deaths, biggest toll since 20 April

The country has closed bars, restaurants, and non-essential services until at least December, while allowing schools and most businesses to operate.

Iran accused of hacking voter data ahead of 2020 US presidential elections

The FBI and Cybersecurity Infrastructure Security Agency said the attack was executed by the same group of Iranians that sent threatening emails to Democratic voters earlier this month.

China aims to be a technology powerhouse in new five year plan

Outlining details of its new five-year economic plan, China aims to accelerate development of technology needed to spur the next stage of economic development.

This Australian city has bleak lessons for world on the costs of a stringent lockdown

The city of 5 million people Wednesday emerged from one of the world’s strictest lockdowns that shuttered businesses and confined residents to their homes for over 3 months.

Thai protesters stand firm against monarchy, vow to persist even if PM Prayut quits

A poll by Bangkok’s Suan Dusit University found more than 62% of participants said discontent with King Maha Vajiralongkor was the key reason for the recent protests.

‘Enormous’ US-China confrontations after vote no matter who wins, political scientist warns

Don’t see a Cold War between US and China but will see antagonism in a lot of key areas, said Ian Bremmer, who heads the risk consultant Eurasia Group.

Revival in demand & business activity push Indian economy’s animal spirits up in September

Economists attributed the recovery to pent-up demand after a strict lockdown imposed in March hit the consumption of goods and services.

China’s new growth plan could push its economy to surpass US within a decade

The country’s 14th five-year plan is expected to be focused on technological innovation, economic self reliance and a cleaner environment.

Armenia and Azerbaijan agree to cease-fire over disputed region, after two failed truces

US State dept says Armenia & Azerbaijan foreign ministers met Deputy Secretary of State Stephen Biegun Saturday and agreed to abide by the terms of cease-fire negotiated on 10 Oct.

On Camera

No more lip service on UNSC reforms—it’s time to form an implementation roadmap

Most of the UNSC’s failures stem from the use of veto power by the P5. In a world that champions democracy, the UNSC is inherently the most undemocratic entity possible.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?