The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow. “There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space,” the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women’s…
The United States said Friday it would refuse entry to Sri Lanka’s army chief over “credible” evidence of human rights violations in the bloody 2009 finale to the civil war. Lieutenant General Shavendra Silva, whose appointment last year drew extensive international criticism, will be ineligible to visit the United States, as will his immediate family,…
The delivery is part of Wilhelmsen’s 3DP printing early adopter program launched in December 2019. The program for 3D printed marine spare parts eliminates the need for physical inventory storage, distribution and high logistics costs, according to Wilhelmsen. “We are very excited with this milestone – completing one of the first commercial deliveries of 3D…
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel. Energy Observer, formerly a legendary race boat, is embarking on a world round trip using hydrogen as fuel. CMA CGM said it would contribute its industrial expertise to this floating lab, in…
The locomotive of Turkish exports, the automotive industry enjoyed its best January ever as it managed to export goods worth over $2.4 billion, according to data by Uludağ Automotive Exporters Association (OİB). Having maintained its export leadership for 14 consecutive years, the industry managed to increase its overseas sales by 3.2% last month to $2.4…
The government has taken several steps, including a tax refund scheme and enhanced credit to exporters, to boost outbound shipments, Finance Minister Nirmala Sitharaman said on Tuesday. Replying to a debate on the Union Budget, the Finance Minister mentioned six specific steps taken for improving the country’s exports. New schemes She said that the Remission…
India will again allow shipments of surgical and disposable masks and some gloves, about a week after placing them on a list of banned export items. However, exports of gloves made from nitrile rubber, a synthetic variety generally known as NBR, and masks other than two and three-ply, will continue to be restricted, according to…
Thai security forces shot and killed the rogue soldier on Sunday morning after an overnight standoff at the Terminal 21 shopping centre in the northeastern Thai city of Nakhon Ratchasima A Thai soldier angry over a land deal went on a shooting spree that killed at least 26 people, most of them in a shopping…
India on Saturday hoped that the Sri Lankan government will realise the aspirations of the Tamil community in the island nation as the issue figured prominently in wide-ranging talks between Prime Minister Narendra Modi and his Sri Lankan counterpart Mahinda Rajapaksa. In their talks, the two prime ministers deliberated on the entire expanse of bilateral…
The variety, not too popular in the domestic market, is mainly grown for exports The Centre has allowed the exports of Krishnapuram onions, a variety grown in Andhra Pradesh primarily for exports. However, there is an export cap, with conditions including port restrictions and the need for certification from the AP Horticulture Department. “The export…