Author: Jayani Bandara

Hyundai Motor India Ltd. and the Government of Andhra Pradesh signed a memorandum of understanding (MoU) to explore opportunities for new investment in the state. The MoU was signed at the Global Investors Meet in Amaravati on Tuesday. The joint venture will invest Rs. 63,000 crores ($8 billion) in the state through the JV. As an important milestone of Hyundai This investment is an important milestone and, more importantly, will create more jobs and infuse new technologies into the state. The aim of this joint venture is to provide affordable mobility to Indians by introducing world-class Hyundai vehicles under the…

An untested central bank policy that has scared away foreign investors and devalued the currency has caused Turkish inflation to spike last month to levels last seen in the middle of 1998. According to figures issued on Monday by Turkey’s statistics office, consumer prices increased 83.5% on an annual basis in September, which was in line with the median prediction in a Bloomberg survey. 3.1% monthly growth in inflation was slightly slower than anticipated in a different poll. Turkey’s inflation rate has exceeded 80% over the past year and is set to surpass 83% by the end of 2018. With…

In a humiliating afternoon for Erik ten Hag’s team, the phenomenon that is Erling Haaland put an end to Manchester City’s demolition of Manchester United by scoring his third consecutive hat-trick at home in the Premier League. Haaland is currently too strong, too hungry, and just too good for the opposition. The Norwegian can also make things happen, as shown by the passes he gave to Phil Foden so that he could score his second and final goal and get a hat trick. The backdrop to the situation in Manchester City Phil Foden scored his first treble for City as…

It’s no secret that global trade is slowing down as the world’s container fleets are struggling to keep up with the demand for carrying goods from nation to nation. The only way to combat this phenomenon, it seems, is through facilitation on a larger scale and international cooperation. What should happen to Cargo? But there are some big questions that need answering before proceeding, and one of these is what should happen when cargo ships are forced to cancel sailings due to a lack of cargo? In order to find an answer, one has to look no further than recent…

The Financial Crisis in Britain Is a Warning to the World According to this WSJ article, very poor communication, the flippant attitude of the new Truss administration and finance minister Kwarteng, and a lack of expertise all contributed to the challenges that the UK economy faced after the announcement of unfunded tax cuts. Financial markets were significantly impacted by the toxic combination of inflation, increased interest rates, particularly in the US, and confusing messages from the Conservative party, with some Conservatives themselves calling the move unwise. In 2008, the U.S. housing and financial markets collapsed, causing a global economic crisis.…

The Loy Yang A power station in the Latrobe Valley, Victoria, has been ordered to close by 2035, a decade earlier than planned. The power station, which produces around 47% of Victoria’s electricity, was required to close by 2049. However, it was found that the plant would have an increased chance of pollution ending the lives of people living nearby because the coal is not being mined as efficiently. Shutting Australia’s dirtiest coal plant a decade early won’t jeopardise electricity supply – pv magazine Australiadirtiest coal plant … Comments from the government about the issue The government believes that this…

International Translation Day 2022 International Translation Day is celebrated on September 30th of every year. During this day, we celebrate the importance of translation and cross-cultural communication. Some countries have designated this day as National Translation Day, while in others it is simply a celebration for all translators. History of the translation day The idea of International Translation Day arose from the need to promote translation activities. The first initiative of translating on a larger scale was taken by the European Commission, which launched 2001 “Europeans Translators’ Day”. In 2009, UNICTRAL and UNESCO decided that an annual day is needed…

A study found that over a thousand different species of palm trees are in danger of going extinct. Artificial intelligence was employed by scientists to evaluate the dangers posed by all members of the palm family, from big trees to climbing plants. The information provides a much clearer picture of how many, and which palm species are threatened. Millions of people rely on the enormous palm plant family for food, water, and shelter. What really happened to Palm trees? In addition to providing food and medication for hundreds of communities throughout the tropics, they also give building supplies for homes and…

World Heart Day is an occasion celebrated on September 29, 2019. The goal of World Heart Day is to spread awareness about the risk factors and warning signs of heart disease, as well as work to find treatments that can help reduce the rate of heart disease for all those that are afflicted by it. The famous slogan for World Heart Day is: “Go Red for Women.” The theme of 2022 USE HEART FOR EVERY HEART In the United States alone, it is estimated that heart disease will claim the lives of more than 535,000 people in 2016. That is…

North Korea has fired a ballistic missile into the Sea of Japan. This comes as the United States and its allies prepare for a military strike on North Korea after it conducted another nuclear test. The U.S. has declared this launch as a serious provocation and a violation of UN Security Council Resolution 1874, which required all countries to ban any exports of coal, iron, iron ore, and seafood from North Korea in response to its failed missile tests in September last year. What happened to North Korea? This is the seventh time since 2008 that Pyongyang has fired missiles…