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Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on December 10 that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision.The signing ceremony in Mexico City launched what may be the final approval effort for US President Donald Trump's three-year quest to revamp the 1994 North American Free Trade Agreement (NAFTA), a deal he has blamed for the loss of millions of US manufacturing jobs.The event at the National Palace was attended by Mexico President Andres Manuel Lopez Obrador, Canadian Deputy Prime Minister Chrystia Freeland, US Trade Representative Robert Lighthizer, and US White House adviser Jared Kushner.Close The result of a rare show of bipartisan and cross-border cooperation in the Trump era of global trade conflicts, the deal was inked the same day as he became the fourth US president in history to face formal impeachment. related news … [Read more...] about US, Canada and Mexico sign new agreement to replace NAFTA

Eight parliamentarians, including former prime minister Manmohan Singh, were on December 10 honoured by Vice President M Venkaiah Naidu for their contributions in strengthening parliamentary democracy.Former Prime Minister Singh and Samajwadi Party leader Mulayam Singh Yadav were conferred the Lifetime Achievement Award at the Lokmat Parliamentary Awards.Best parliamentarian of the year award was conferred on Saugata Roy, Lok Sabha member from TMC and former minister of state for urban development, and Tiruchi Siva, Rajya Sabha member from DMK.Close Four women MPs from both Houses were also awarded for their contributions. related news West Bengal govt proposes to trim Governor's powers over universities Citizenship (Amendment) Bill an attempt by 'Modi-Shah govt' to ethnically cleanse Northeast: Rahul Gandhi Amazon brings Fire TV edition smart TVs to India, partners Onida NCP leader Supriya Sule and Congress leader Viplove Thakur were conferred the best women … [Read more...] about Manmohan Singh among 8 parliamentarians honoured by Venkaiah Naidu

Last year, the world-port-rankings changed when Ningbo-Zhoushan in Southeast China became the largest port in the world. By then, it had built trade channels with over 600 ports spread across 100 countries. The port, which handles all types of cargo - container, liquid and dry bulk – accounted for an annual cargo throughput of over a billion tonnes last year.“The total cargo throughput of Ningbo Zhoushan Port was 1.08 billion metric tonnes in 2018,” said a port official who did not want to be named.Despite the overall slowing of global trade, the official said cargo volumes at Ningo-Zhoushan would be higher this year.Close Ningo-Zhoushan has managed to race past Shanghai (see chart). Around a decade ago, the largest port used to be Singapore. Then it became Shanghai and now it is Ningbo-Zhoushan. What is even more interesting is that seven of the top ten ports are now from China. related news Oil prices fall as US crude stocks jump Trump will have final say … [Read more...] about Ningbo’s rise as the world’s largest port has lessons for India

The Citizenship (Amendment) Bill (CAB) is an attempt by Prime Minister Narendra Modi and Home Minister Amit Shah-led government to "ethnically cleanse" the Northeast, said Congress leader Rahul Gandhi on December 11, adding that the Bill is a "criminal attack" on the region.Protests have broken out in several parts of the Northeast over the Citizenship (Amendment) Bill which was passed in the Lok Sabha on December 9 and will be placed in the Rajya Sabha on December 11."The CAB is an attempt by Modi-Shah government to ethnically cleanse the North East. It is a criminal attack on the North East, their way of life and the idea of India," Rahul Gandhi said in a tweet.Close "I stand in solidarity with the people of the North East and am at their service," he said, tagging a media report on protests in the Northeast against the Bill. related news Onion prices may drop by 50% in the next 2 weeks: Report Pakistan court indicts Hafiz Saeed on terror financing charges … [Read more...] about Citizenship (Amendment) Bill an attempt by ‘Modi-Shah govt’ to ethnically cleanse Northeast: Rahul Gandhi

Rajiv JamkhedkarA fire policy to cover your precious home, office and shop or godown is simply a must. The real estate assets usually run into lakhs and crores, and the reconstruction of property is extremely expensive apart from being painful.As I write this, one of the major news updates of the week is a dramatic fire destroying the iconic Norte Dame Cathedral in Paris. The Notre Dame is one of the most recognisable monuments in the French capital. Tourists throng it, the locals take pride in it and immense pain, effort and money have been spent on preserving it, conserving the beauty of the gargoyles carved on the outside and the typical gothic architecture. Yet, when I watched it burn in huge flames going all the way up in the sky, I could not but remember the words of a very good insurance broker I know. He used to say, “The loss of property due to fire is more common than you think.”Close It bears repetition, again and again. In the housing society that I live in, a … [Read more...] about Viewpoint | Four important aspects of property insurance