Washington DC

IMF enters new stage of quota negotiations — Russian delegate

WASHINGTON, October 20. /TASS/: The International Monetary Fund (IMF) is beginning the 16th General Review of Quotas, which is to be completed no later than in December 2023, Russian Deputy Finance Minister Sergei Storchak told reporters on the sidelines of the IMF-World Bank meeting.

"The keystone of the next addition will be another attempt to agree on a new formula for country quota, a formula that would reflect the country’s clout in the global economy," he said.

After corruption allegations, Trump says G7 summit won't be at his resort

Washington, Oct 20 (AFP/PTI) US President Donald Trump has said the next G7 summit will not be at one of his own Florida golf clubs, reversing a decision that had sparked corruption accusations.

Acting White House Chief of Staff Mick Mulvaney had announced the venue for the summit on Thursday, causing a firestorm among Trump's Democratic opponents in Congress, who called the move "among the most brazen examples yet of the president's corruption."

Kashmiri Pandits brief US lawmakers on situation in Kashmir

Washington, Oct 18 (PTI) Ahead of the next week's Congressional hearing on human rights situation in South Asia, Kashmiri Pandits residing in various parts of the US held a briefing for US lawmakers and their aides on ground realties in the Valley and violations of their rights for the past several decades.

Indian American Congressman Ro Khanna, Congressmen Mike Thompson, Zoe Lofgren, Mark Desaulneir and Doris Matsui along with Chairman of House of Foreign Relation Committee, Elliot Engel, attended the congressional briefing at Capitol Hill on Wednesday.

Sanctions on Turkey no longer necessary: Trump

Washington, Oct 18 (PTI) President Donald Trump has said that America's proposed economic sanctions on Ankara are no longer necessary after the US and Turkey struck a deal for a five-day cease fire in Syria.

As per the deal announced by Vice President Mike Pence in Ankara on Thursday, Turkey will suspend its operations for 120 hours to allow Kurdish fighters to withdraw from a designated safe zone along the Turkish and Syrian border.

US presidential candidate vows to end US support for Al-Qaeda

17 Oct 2019; MEMO: Would-be Democratic presidential candidate Tulsi Gabbard has stated publicly that the US government has supported Al-Qaeda terrorists, not least in their bid to overthrow the Syrian government. Gabbard is the most high-profile US politician to confirm what has been speculated about widely over the years and has vowed to end such support.

US: House votes to oppose Trump’s Syria pullback

17 Oct 2019; MEMO: The US House of Representatives voted Wednesday on a bipartisan resolution opposing President Donald Trump’s decision to pull back troops in northern Syria, Anadolu reports.

The measure passed 354-60 with every Democrats and more than two-thirds of Republicans in favor.

Sponsored by House Foreign Affairs Committee Chairman Eliot Engel and Republican Michael McCaul, the resolution “opposes the decision to end certain United States efforts to prevent Turkish military operations” in northeastern Syria.

Trump defends troop pull out from Syria, says US not getting involved in 'crazy endless wars'

Washington, Oct 17 (PTI) The US is not going to get involved in "crazy endless wars" over 7,000 miles away, President Donald Trump said on Wednesday, defending his decision to withdraw troops from northern Syria.

The last week decision paved the way for Turkey to launch a cross-border military offensive that aims to push the Kurdish-led Syrian Democratic Forces (SDF) from the region. Turkey considers the biggest militia in the SDF a terrorist organisation.

India halved its poverty rate since 1990s: World Bank

Washington, Oct 16 (PTI) India has halved its poverty rate since the 1990s and achieved a seven plus growth rate over the last 15 years, the World Bank said on Tuesday.

India is both critical to the success of global development efforts, including eliminating extreme poverty, and as an influential leader for global goods such as addressing climate change, the bank said ahead of the annual meeting between it and the International Monetary Fund.

US slaps sanctions on Turkey as Syrian government returns to north

WASHINGTON, Oct 15 (NNN-AGENCIES) — The United States slapped sanctions on Turkey Tuesday as it demanded an end to its deadly incursion against Syrian Kurdish fighters, accusing its NATO partner of putting civilians at risk and allowing the release of Daesh extremists.

The actions came hours after Syrian government troops returned for the first time in years to parts of northeastern Syria, invited by Kurdish fighters desperate for protection as the United States pulls out.

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