Tag: week

  • India’s forex reserves decline for third week

    India’s forex reserves decline for third week

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    Mumbai: India’s foreign exchange reserves declined by USD 5.681 billion to USD 561.267 billion in the week ending on February 17, according to the Reserve Bank of India’s latest data.

    This is their third consecutive week of decline in the overall forex reserves.

    During the week that ended on February 3, the reserves declined by USD 8.319 billion to USD 566.948 billion.

    According to RBI’s latest data, India’s foreign currency assets, the biggest component of the forex reserves, declined USD 4.515 billion to USD 496.072 billion.

    Gold reserves declined by USD 1.045 billion to USD 41.817 billion.

    At the start of the last year 2022, the overall forex reserves were at about USD 633 billion. Much of the decline can be attributed to RBI’s recent intervention and a rise in the cost of imported goods.

    In October 2021, the country’s foreign exchange reserves reportedly touched an all-time high of about USD 645 billion.

    The forex reserves had been intermittently falling for months now largely because of the RBI’s intervention in the market to defend the depreciating rupee against a surging US dollar.

    Typically, the RBI, from time to time, intervenes in the market through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee.

    The RBI closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by containing excessive volatility in the exchange rate, without reference to any pre-determined target level or band. (ANI)

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    ( With inputs from www.siasat.com )

  • For 8th week, mass protests in Israel against judicial reforms

    For 8th week, mass protests in Israel against judicial reforms

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    Jerusalem: For the eighth week in a row, tens of thousands of Israelis are demonstrating against the government and its judicial reforms.

    According to Israeli media outlets, more than 100,000 Israelis are protesting around the country, with the main demonstration being held in Tel Aviv, 25,000 rallying in the northern city of Haifa and thousands gathering in front of the president’s residence in Jerusalem. There is even one in front of the house of Justice Minister Yariv Levin in the central city of Modiin, Xinhua news agency reported.

    The protests are against the major overhaul of the judicial system, which was set in motion on February 13 when the administration initiated the legislative procedure for the reforms. The Israeli parliament has passed the first out of three readings of several relevant bills.

    One of the bills is the “override clause” which will allow the parliament to override supreme court rulings with a simple majority. Another one would change the composition of the committee that appoints supreme court judges by giving the government a majority. A third aims to block the supreme court from reviewing the basic laws already passed by the parliament.

    Demonstrators say the reforms will weaken the courts and give the ruling coalition unrestrained power.

    The coalition led by Prime Minister Benjamin Netanyahu has said it aims to complete the legislative process until April. With a solid majority in the parliament, the votes are expected to pass without major contention.

    Massive demonstrations are also planned for Wednesday when the coalition will continue to promote the legislation in parliament. The parliament is also slated to debate a bill that would prevent the state’s attorney general from declaring the prime minister incapacitated except for legitimate medical reasons.

    According to Israeli media, Attorney General Gali Baharav-Miara said earlier this month that Netanyahu cannot be involved in his government’s judicial reforms because he has a conflict of interests because of his ongoing corruption trial.

    Netanyahu and his partners say the reforms are necessary in terms of limiting the judicial system which has become too powerful in recent decades and often intervenes in political issues that should be determined by the parliament, vowing to push forward with the reforms despite protests.

    The Israeli prime minister also denies that the reforms are personally motivated to allow him to influence the outcome of his trial.

    (Except for the headline, the story has not been edited by Siasat staff and is published from a syndicated feed.)



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    ( With inputs from www.siasat.com )

  • Week On, Authorities Yet To Cage Leopard In Srinagar

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    SRINAGAR: A leopard seen last week in Rawalpora area of Srinagar is yet to be trapped even as the Wildlife Department has permanently stationed its two teams in the area.

    Quoting an official from the Wildlife Department supervising the operation of caging the wild animal, the news agency KNO reported that for the last 48 hours, they did not receive any evidence of sighting of the leopard in the area. “However, we have stationed our two teams there till the animal is trapped. Since last evening, we haven’t received any concrete evidence on the movement of the animal, but our teams are on the ground with active monitoring as cameras have also been installed” he said.

    He said the teams will be monitoring the area round-the-clock and are fully equipped with all required gears.

    “Rawalpora axis and its adjoining areas under a radius of 2-3 km are full of vegetation with thick bushes, and many plots and buildings are laying open which can prove a safe habitat for the wild animal. Sometimes it takes too long to capture, and in a few places, it took us months to cage the animal,” he said. “It is a scare created by a wild animal, not by any human whom we can warn, but we are on it; and as soon as we get to see its presence, our teams are swift and trained to capture it,” he added.

    Urging the people to adhere to the advisory of the Wildlife Department, the official said the people should be careful, especially with the children, while venturing out during morning and evening hours

    “We have already advised and sensitised the people in the areas and have also involved mohallah committees to keep the surroundings free of any bushes or any vegetation so that no animal takes shelter,” the official added.

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    #Week #Authorities #Cage #Leopard #Srinagar

    ( With inputs from : kashmirlife.net )

  • The nation’s cartoonists on the week in politics

    The nation’s cartoonists on the week in politics

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    0 teaser 5

    Cartoon Carousel

    Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. The fruits of these labors are hundreds of cartoons that entertain and enrage readers of all political stripes. Here’s an offering of the best of this week’s crop, picked fresh off the Toonosphere. Edited by Matt Wuerker.

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    #nations #cartoonists #week #politics
    ( With inputs from : www.politico.com )

  • District Srinagar to conduct T2 exams of Classes Ist to 7th, 9th from 2nd week of March

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    Srinagar, Feb 22: Authorities Wednesday said that the Term End exams for Classes Ist to 7th and 9th in district Srinagar will be held from the second week of March as per the old pattern.

    Officials further said that the date sheet and the assessment of these classes would be done by the respective authorities of the school.

    District Institute of Education and Training (DIET) Principal Srinagar, Tahira Hilali informed the news agency—Kashmir News Observer (KNO), “This year the exams would be held as per the old pattern and from next session, we will conduct the exams as per the New Education Policy (NEP).”

    In the meantime, DIET Srinagar said, “All government and private schools of district Srinagar shall conduct the Term End Assessment (T2) for Classes Ist to 7th and 9th from 2nd Week of March-2023.”

    “The examination shall be conducted at school level as per past practice,” the DIET principal said.

    She impressed upon all the schools to issue a date sheet at school level with proper dissemination—(KNO)

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    #District #Srinagar #conduct #exams #Classes #Ist #7th #9th #2nd #week #March

    ( With inputs from : roshankashmir.net )

  • Belarusian leader, a key Putin ally, to pay state visit to China next week

    Belarusian leader, a key Putin ally, to pay state visit to China next week

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    belarus russia 88735

    Beijing announced on Saturday that Belarusian President Alexander Lukashenko, a close ally of Russian President Vladimir Putin, will travel to China on a state visit from February 28 to March 2.

    The announcement of the trip comes a day after Beijing, looking to play a role in mediating a resolution to the Russian war on Ukraine, published a 12-point “position paper” aimed at ending the conflict.

    “At the invitation of President Xi Jinping, President of Belarus Alexander Lukashenko will pay a state visit to China from February 28 to March 2,” the Chinese foreign ministry said in a statement on Saturday.

    The Belarusian foreign ministry confirmed the planned visit, saying the Chinese and Belarusian foreign ministers discussed it in a telephone call on Friday.

    Lukashenko has backed Moscow’s invasion of Ukraine and allowed its territory to be used in the Russian assault. Lukashenko said last week that his country was prepared to join Russia’s war against Ukraine, if attacked. That prompted Ukrainian President Volodymyr Zelenskyy to warn the Belarusian leader not to get directly involved in the war.

    Meanwhile, French President Emmanuel Macron on Saturday said he will visit China in early April and seek Beijing’s help in ending the war in Ukraine. “The fact that China is engaging in peace efforts is a good thing,” Macron said, according to French media reports.

    Ukraine’s Zelenskyy also said he would like to engage with Beijing following the proposals unveiled on Friday toward resolving the conflict. Zelenskyy said he was open to considering some aspects of the Chinese “position paper” and would welcome the chance to discuss the proposals with Chinese President Xi Jinping.

    A meeting with Xi could be “useful” to both countries and for global security, Zelenskyy said. 



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    #Belarusian #leader #key #Putin #ally #pay #state #visit #China #week
    ( With inputs from : www.politico.eu )

  • 4 reasons Big Tech is worried about the Supreme Court this week

    4 reasons Big Tech is worried about the Supreme Court this week

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    The case, which goes to oral arguments before the court on Tuesday, specifically tests whether social media platforms’ use of algorithms to recommend content to users is protected under Section 230. The court’s ruling could reshape the entire online ecosystem, including social media, e-commerce and job portals — all of which use algorithms to promote content to users.

    Platforms say if the liability shield doesn’t protect their use of targeted algorithms to recommend and promote content, some companies would more aggressively remove users’ speech or bar the discussion of more controversial topics for fear of being sued.

    In recent years, as social media platforms have come under increasing fire for the harms caused by content they host, Section 230 has become a target for politicians on both the left and the right who see it as granting the industry special protections not enjoyed by traditional publishers. (Both President Joe Biden and former President Donald Trump have called for removing the shield. Biden has yet to back any specific proposals.) Its supporters argue it’s crucial to a free and open internet where citizens can exchange ideas without worrying they’ll get the entire system shut down.

    To date, Congress has largely failed to act outside of passing a 2019 carveout to the law related to sex trafficking. The disagreement stems from Democrats wanting platforms to remove content related to extremism and hate speech, and Republicans wanting more content — particularly conservative speech — to remain.

    Here are four things to watch going into Tuesday’s oral arguments:

    Can Clarence Thomas form a winning coalition?

    Thomas, a frequent critic of Section 230, has written two dissents urging his colleagues to take a case reviewing what he sees as the lower courts’ overly broad interpretation of the law in favor of tech companies.

    A key question Tuesday is whether Thomas can persuade four other justices to join him for a majority. Two potential allies could be Justices Samuel Alito and Neil Gorsuch. They joined a dissent with Thomas last May in a separate tech industry case before the court, NetChoice v. Paxton, seeking to uphold a Texas law requiring social media platforms to host all users’ political viewpoints.

    “Alito and Gorsuch are his most likely allies in this case, and the question I think then is whether he can grab a couple others, and it’s not clear to me whether he can,” said Anupam Chander, a professor of law and technology at Georgetown Law.

    And the bipartisan nature of the pressure to change Section 230 protections has experts watching to see if that is reflected in any decision from the justices. “There’s a kind of strange bedfellows aspect to tech regulation currently with everyone mad at tech companies for the opposite problems — the left accusing it of allowing it too much speech, and the right accusing it of censoring too much speech,” Chander said.

    The importance of algorithms

    Among those most affected by any ruling against Google could be smaller internet companies and individual website users, like volunteer moderators for Reddit, legal scholars and lawmakers said.

    Large platforms such as YouTube could afford the liability risks of continuing to use algorithms to recommend content if the justices rule against Google. But some lawmakers fear that decision would be financially crippling for small businesses and startups.

    “If you harm the little guys and you harm moderation, you’re going to reduce innovation, competition and opportunities, and give the big guys — like Facebook and Google — even more of the online market,” said Sen. Ron Wyden (D-Ore.), one of the original authors of Section 230.

    Without algorithms that rely on user preferences to push recommendations, websites would likely present content in reverse chronological order, said Jeff Kosseff, a cybersecurity law professor at the U.S. Naval Academy who wrote a book on the history of Section 230.

    “I don’t know if the American public is ready for not having personalized algorithms anymore,” Kosseff said. “How does TikTok operate without personalized algorithms? You just get any random video that’s ever been posted?”

    But some legal scholars said tech companies should be liable for their products and services that break the law, just like any other business.

    Mary McCord, the executive director of Georgetown Law’s Institute for Constitutional Advocacy and Protection, doesn’t believe tech companies’ “sky is falling” hyperbole that internet platforms will shut down if they can’t use recommendation algorithms. “They’ve just had this free pass since their inception — not even having to worry about the kinds of risks that every other company has had to face,” said McCord, who filed an amicus brief in the case on behalf of former national security officials.

    McCord, who was an acting assistant attorney general for national security in the Obama administration, said that in 90 percent of terrorist incidents, social media factored significantly into the radicalization of individuals committing the attacks.

    Republican Party split

    In amicus briefs filed with the court, Republican lawmakers are split on how the justices should rule. That division may make it harder to predict how the conservative justices will land on the case as well — either siding with arguments that tech’s legal shield is too broad or that it’s necessary to protect free speech.

    Sen. Josh Hawley (R-Mo.) called for the court to narrow its reading of Section 230 to more strictly align it with the statute — saying lower courts too broadly interpreted the law in tech’s favor. Similarly, Sen. Ted Cruz (R-Texas), along with 16 other Republican members of Congress, argued that the court needs to narrow the scope, arguing it gives large tech too much power over which speech is allowed — or “censored” — on their sites.

    In contrast, former Pennsylvania Republican Sen. Rick Santorum’s amicus brief said narrowing the law’s interpretation would suppress speech, adding that Section 230 specifically allows companies to “filter,” “choose,” and “organize” content.

    The split in the GOP between traditionally business-friendly conservatives and a more populist anti-tech contingent creates a challenging tightrope. “Historically, conservatives have sought to reduce litigation risk for corporations,” Georgetown’s Chander said. “Section 230 very much does that.”

    But he added that, today, conservatives are taking “an anti-big business stance — and a new populism stance in doing so — that coincides with a kind of irritation with what they see as anti-conservative bias by technology companies.”

    Gonzalez ruling may influence upcoming tech cases

    How the Supreme Court rules in Gonzalez could affect its decision in a tech case scheduled for arguments the following day — Twitter v. Taamneh. That case asks whether Twitter, Google and Facebook can be held liable under the Justice Against Sponsors of Terrorism Act for allegedly aiding and abetting terrorists by sharing ISIS recruitment content.

    The 9th U.S. Circuit Court of Appeals ruled in an opinion consolidating the two cases that the plaintiffs’ Anti-Terrorism Act claims in Gonzalez were barred under Section 230. In Taamneh, it found the platforms could be held liable for aiding and abetting an act of international terrorism by permitting ISIS to post content on their sites.

    The Biden administration filed a brief recommending the Gonzalez case be sent back to the 9th Circuit, arguing that Section 230 does not immunize YouTube when its algorithm recommends ISIS content.

    Legal scholars said the justices will likely rule on the cases in tandem. Chander predicts the court will find that Section 230 doesn’t provide immunity for YouTube’s targeted algorithms in the Gonzalez case, but will rule in favor of Twitter, Google and Meta in the Taamneh case by finding they couldn’t be held liable for underlying claims they aided and abetted terrorist acts by hosting ISIS content.

    It could also tee up the justices for a potential ruling in two other cases the court likely punted to next term involving Republican laws from Texas and Florida that ban platforms from removing users’ viewpoints and deplatforming candidates. The companies said the laws violate their free speech rights.

    But Daphne Keller, a director at Stanford’s Cyber Policy Center, said a ruling in Gonzalez that finds Google’s recommendation algorithms aren’t protected under Section 230 may backfire if the court later upholds the Texas and Florida laws that ban platforms from removing content.

    “If Texas and Florida win their cases, then people can sue because platforms took their content down, even though the whole reason the platforms took the content down was to avoid the liability that Gonzalez created,” Keller said.

    “It’s so circular, and I’m not sure the court realizes that.”

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    ( With inputs from : www.politico.com )

  • Hyderabad to witness rise in temperature this week, predicts IMD

    Hyderabad to witness rise in temperature this week, predicts IMD

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    Hyderabad: India Meteorological Department (IMD) Hyderabad has predicted that the residents of Hyderabad who have already started feeling summer heat are likely to witness rise in maximum temperature this week.

    As per the seven-day’s forecast issued by IMD-Hyderabad, the city is likely to witness 36 degrees Celsius on February 23, 2023. Further, the maximum temperature of 35 degrees Celsius is likely to continue on February 24, 25, and 26.

    According to IMD’s weather data released yesterday, Hyderabad witnessed 33.5 degrees Celsius which is a departure of 0.6 degrees Celsius from normal temperate in the city.

    In the entire state, the highest maximum temperature i.e., 35 degrees Celsius was witnessed by Mahabubnagar.

    Hyderabad sees rise in temperature ahead of summer season

    On February 19, Hyderabad recorded maximum and minimum temperatures of 32 and 18 degrees Celsius respectively.

    Following is the seven-day’s forecast by IMD-Hyderabad

    DateMinimum temperature (in degrees celsius)Maximum temperature (in degrees celsius)
    February 211933
    February 222034
    February 232035
    February 242036
    February 252135
    February 262135
    February 272135

    As per weather predictions, Hyderabad is likely to witness a harsher summer season this year. The reason behind it could be the El Nino event.

    El Nino event can not only increase the temperature in Hyderabad during the summer but also affected rainfall and crop output.

    What is El Nino?

    El Nino is a climate pattern that results in the abnormal warming of surface water in the eastern tropical Pacific Ocean. This effect can cause the sea surface temperature to rise by as much as 4 to 5 degrees Celsius above normal. It has a profound impact on weather patterns all over the world.

    El Nino is an important part of the climate system, and its effects can be felt for less than a year.

    On the other hand, La Nina is a climate pattern that results in the unusual cooling of the tropical eastern Pacific. During La Nina, the sea surface temperature drops significantly, causing the temperature around the world to become colder than average.

    This effect can last for one to three years and can have a direct impact on weather patterns, including moderate rainfall and colder temperatures in places like India.

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    ( With inputs from www.siasat.com )

  • Imran Khan announces to launch ‘Jail Bharo’ movement from next week

    Imran Khan announces to launch ‘Jail Bharo’ movement from next week

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    Islamabad: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has announced that the “Jail Bharo” movement will start next week Wednesday from Lahore, Geo News reported.

    “We will fill jails, they [authorities] will have no space left to hide,” Khan said while addressing the audience through his televised video and warned the Pakistan Democratic Movement-led (PDM) government.

    Blaming the incumbent coalition government for its “political victimization” of his party leaders and allies, Khan claimed that the police entered the homes of PTI workers in Multan and were tasked with such threatening tactics.

    In his televised address from Lahore’s Zaman Park residence from where he has been residing since being shot in the legs on November 3 last year, Khan said, “They want to enslave us by threatening to put us in jails.”

    In the wake of sedition cases filed against his party leaders including Fawad Chaudhry, Azam Swati and Shahbaz Gill, Imran Khan on February 4 announced “Jail Bharo Tehreek” and asked PTI workers and supporters to prepare for movement across the country, reported Geo News.

    The interim government is strongly against the PTI, he added.

    While referring to the caretaker setup, he said: “The man with a questionable character was brought in. We have a list of 23 people who had inflicted atrocities of which 16 were brought in.”

    The PTI chief also recalled the “torture” inflicted on his party’s leaders highlighting the treatment meted out to Swati, Gill, and Fawad.

    “Never in history have such acts been committed against political opponents,” Khan lamented.

    The tensions between the incumbent government and the PTI have heightened, with no sign of respite as the elections in two provinces — Punjab and Khyber Pakhtunkhwa — near, following the party’s decision to dissolve the assemblies. Punjab and KP assemblies were dissolved by the PTI on January 14 and January 18, respectively, according to Geo News.

    Firing fresh broadside at the Election Commission of Pakistan (ECP), the PTI chief said: “It is dangerous that the CEC [Chief Election Commissioner] is showing his inability on conducting the election.”

    Khan’s fresh criticism comes hours after President Arif Alvi summoned CEC Sikandar Sultan Raja for an urgent meeting on February 20 regarding the announcement of the date for fresh general elections.

    He said that they dissolved the provincial assemblies of Punjab and KP as per the knowledge that the country’s Constitution clarifies that the elections should be held within 90 days of the dissolution of any assembly.

    “The caretaker government and the interim chief ministers would be illegal on the 91st day,” he added.

    No disaster could be bigger than that when the judiciary failed to ensure the implementation of the Constitution, he said while hitting out hard at the polls organizing authority. “There is no justice where the rule of law collapses.”

    Khan said that they had been claiming that the coalition government did not have the mandate and they cannot run the country.
    Blaming the interim government for obstructing the probe against the assassination attack on him in Wazirabad on November 3 last year, the PTI chief said “its job is to only conduct elections”.

    “The interim government first comes and stops the [joint investigation team] JIT and steals records. When an officer goes to collect the JIT report, it is found that only 11 pages of the report are remaining,” he said, adding that the JIT records are being claimed to have gone missing.

    The former premier, lambasting the interim setup in Punjab, said that all links were pointing at them and they were worried about being caught, reported Geo News.

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    ( With inputs from www.siasat.com )

  • The nation’s cartoonists on the week in politics

    The nation’s cartoonists on the week in politics

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    0 teaser

    Cartoon Carousel

    Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. The fruits of these labors are hundreds of cartoons that entertain and enrage readers of all political stripes. Here’s an offering of the best of this week’s crop, picked fresh off the Toonosphere. Edited by Matt Wuerker.

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    #nations #cartoonists #week #politics
    ( With inputs from : www.politico.com )