Business Standard

International news digest for the week

A look at the events that made headlines around the world this week

Image

Press Trust of India

Saturday

Doha: After desperate attempts by the host country Qatar to save the talks, the UN conference on climate change agreed to extend the life of the Kyoto Protocol, which controls the greenhouse gas emissions of rich countries, through 2020.

Washington: The US has extended waivers that exempt nine countries, including India and China, from fully complying with American sanctions targeting Iran's oil exports, citing their significant reduction in oil import from Tehran.

Sunday

Beijing: China is encouraging its companies to buy more from India to address the neighboring country's ballooning trade deficit, its top diplomat Dai Bingguo says, asking Indian firms to "seize" the opportunity offered by the Chinese import market which is expected to touch a whopping $10 trillion by 2015.

Monday

Washington: US intelligence has predicted that in 2030, India could be the rising economic powerhouse of the world as China is seen and that it will continue to consolidate its power advantage over Pakistan.

Dubai: The UAE Cabinet has approved an extradition agreement with India which will allow the transfer of around 1,200 Indian convicts languishing in the Gulf nation to their home country to spend the remaining jail term.

Tuesday

Washington: Amid controversy over reports that Walmart spent nearly Rs 125 crore for lobbying with lawmakers to get access to Indian market, the US says, the global retail giant did not violate any American law as far as the matter is concerned.

United Nations: Describing terrorism as a "horrendous scourge", India, which chairs the UNSC's Counter Terrorism Committee, has underlined the need to strengthen enforcement efforts to destroy safe havens for terrorists, besides enhancing global cooperation to remove legal ambiguities through which they gain legitimacy.

Wednesday

New York: Wal-Mart Chief Executive Officer Mike Duke says, he will be "patient" and is confident that things will get worked out in India for the company, amid the political uproar in India over opening of the multi-brand retail sector as well as lobbying efforts by the retail giant.

Washington: The US has termed the long-range missile launch by the North Koreans as a "highly provocative act", saying it threatened regional stability as American Aerospace command says, the test marked an apparent technological success for the hermit nation.

Beijing: China says, it would like to make concerted efforts with India to develop strategic cooperative partnership to push for "new progress" in bilateral relations.

Thursday

Washington: Legendary sitar maestro Pandit Ravi Shankar would receive the lifetime achievement Grammy award, organisers of the top music award announced.

Tokyo: Japan scrambled fighter jets after one Chinese state-owned aeroplane entered airspace over islands at the centre of a dispute between Tokyo and Beijing.

New York: Concerned over spurt in attacks on Sikhs, Hindus and other minorities in America, the US Justice Department sks FBI to track hate crimes against them.

Friday

New York: A young gunman killed his mother and 25 other people, including 18 children, when he went on a shooting rampage inside a US school, before turning the gun on himself, in one of the deadliest such incidents witnessed in the country.

Cairo: On the eve of a crucial referendum in Egypt over a contentious draft constitution, Islamists backing President Muhammed Mursi and the secular opposition held rival rallies and clashed while making last-ditch efforts to swing the vote in their favour.

London: The body of an Indian-origin nurse, who died after being duped by a prank call to a UK hospital treating a pregnant Princess Kate, was flown to India, official sources say, amid reports that the mum-of-two had criticised her senior colleagues in one of the three emotional suicide notes she left behind.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 15 2012 | 5:26 PM IST

Explore News