Tag: resolving

Mumbai on Red Alert: Resolving the Crisis and Ensuring Safety

The ‘Red Alert’ Situation in Mumbai
Mumbai, the busy metropolis famed for its fortitude, recently experienced a ‘Red Alert’ event that brought the city to a halt. Investigate the events that led to the proclamation of a red alert and its implications for the city’s people’ safety and security.
Understanding the Red Alert: What Does It Mean?
Mumbai, a bustling metropolis known for its toughness, recently suffered a ‘Red Alert’ event that brought the city to a halt. Investigate the events that led to the declaration of a red alert and its consequences for the safety and security of the city’s residents.
The Triggers: Unraveling the Factors Behind the Red Alert
Investigate the particular events or intelligence reports that triggered the Mumbai red alert. Recognize the difficulties that law enforcement officials face in dealing with possible threats and protecting public safety.
Heightened Security Measures: Protecting Mumbai’s Vital Spaces
During a red alert, security forces deploy more troops and increase monitoring in high-risk areas. Learn about the safeguards put in place to protect critical locations, transportation hubs, and public gatherings.
Ensuring Public Awareness: Communication in Times of Crisis
Clear and timely communication with the public is crucial during a red alert situation. Examine how authorities communicate with and guide citizens, emphasizing the significance of vigilance and participation in order to avoid potential hazards.

July 28, 2023
SL President assures external creditors of transparency in resolving debt crisis

[ad_1]
Colombo: Sri Lanka President Ranil Wickremesinghe has assured the island nation’s external creditors of maintaining full transparency in resolving the debt crisis and getting the country back on track.
Awaiting the much-needed $2.9 International Monetary Fund (IMF) bailout which is expected to be taken up at March 20 board meeting by the Washington-based lender, he encouraged both bilateral and private creditors of Sri Lanka to strengthen coordination between themselves and engage constructively with Sri Lanka for a swift resolution of the public debt situation.
He urged the country’s official bilateral creditors and the Paris Club creditors, to foster the coordination required for the much-delayed IMF supported programme.
The Sri Lanka President thanked India and other creditors including Japan, China and the Paris Club bilateral partners for enabling the cooperation required to arrive at this point and explicitly delivering IMF-compatible financing assurances.
“We commit to communicating transparently with all of you on any debt treatment terms that are agreed with any creditor or group of creditors, before being formalised. In the same vein, we commit to reporting regularly on our indebtedness, ensuring no financial liabilities incurred by the country are undisclosed,” President Wickremesinghe said.
Wickremsinghe, who took over from Gotabaya Rajapaksa who fled the country amidst public outrage over mismanagement and leading it to a severe economic crisis last year, assured that Sri Lanka is committed not to resume debt service to any creditor unless that creditor agrees on a comprehensive debt treatment in line with IMF-supported programme parameters and the comparability of treatment principle.
“We will not conclude debt treatment agreements with any official bilateral creditor or any commercial creditor or any group of such creditors on terms more favourable than those agreed under any multilateral platform put forward by our official bilateral creditors,” he said.
With over $50 billion external debts, Sri Lanka, last May, defaulted on its debt for the first time in its history. Suffering the 2019 Easter Sunday attack followed by Covid-19 pandemic and world economic crisis, the Indian Ocean island faced a severe financial crisis with inflation and dollar crunch since the beginning of 2022.

[ad_2]
#President #assures #external #creditors #transparency #resolving #debt #crisis
( With inputs from www.siasat.com )

March 16, 2023
Agreement with Iran doesn’t mean resolving all differences: Saudi finance minister

[ad_1]
Riyadh: The Kingdom of Saudi Arabia’s foreign minister Faisal bin Farhan made it clear that the agreement to resume diplomatic relations with Iran does not mean “resolving all outstanding differences between the two countries,” Anadolu Agency reported.
Saudi foreign minister said in remarks to Arabic daily Asharq Al-Awsat on Monday that the agreement came “under the auspices and mediation of China, after several rounds of talks over the past two years in both Iraq and the Sultanate of Oman.”
However, he adds, “Our reaching this agreement, which will lead to the resumption of political relations, does not mean that we have reached a solution to all outstanding differences between our two countries, but rather it is evidence of our common desire to resolve them through dialogue.”
Regarding his upcoming visit to Tehran, the minister said, “I look forward to meeting Iran’s foreign minister soon based on what was agreed upon, and we will prepare to resume diplomatic relations between our two countries during the next two months.”
On Friday, Saudi Arabia and Iran announced the resumption of diplomatic relations between the two countries, and the reopening of embassies within two months, following Chinese-sponsored talks in Beijing according to a tripartite statement of the three countries.
In January 2016, Saudi Arabia severed its relations with Iran, following attacks on the Riyadh embassy in Tehran and its consulate in Mashhad, in protest against the kingdom’s execution of Saudi Shiite cleric Nimr Baqir al-Nimr, on charges including terrorism.
[ad_2]
#Agreement #Iran #doesnt #resolving #differences #Saudi #finance #minister

( With inputs from www.siasat.com )

March 13, 2023