Cooper Financial News

Treated and diluted but still slightly radioactive wastewater from the wrecked Fukushima Daiichi nuclear power plant is being discharged into the Pacific Ocean

India Wednesday on the successful moon landing of Chandrayaan-3 as the country entered the elite club of three other nations — United States, Russia and China — that have a rover on the lunar surface. In the process, India became the first country among the elite group to have its rover on the moon's south pole region, which the Indian Space Research Organisation believes could have traces of water. «Congratulations to India for the historic landing of Chandrayaan-3 on the southern polar region of the moon,» US Vice President Kamala Harris said on X, known as Twitter till recently. «It is an incredible feat for all the scientists and engineers involved.

BRICS Summit, Ramaphosa said (as quoted by PTI), “Gandhi was one who was strong on resistance. He taught us passive resistance which he perfected and we escalated to various acts of boycotts against the apartheid system. Through that, we were able to encourage citizen activism in organisations that were involved in our struggle, like the African National Congress and others." The South African President added, “(It) mobilised our people against apartheid and finally defeated it, so Mahatma Gandhi played a very important role in the history of South Africa," During his address at the 15th BRICS Summit, PM Modi had noted that the Summit was taking place not far from where Mahatma Gandhi had established the Tolstoy Farm.

Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co. and UBS agreed to pay nearly $500 million to settle an antitrust class action by U.S. pension funds over the banks’ control of the market for stock loans used for hedging and short selling.

U.S. government officials on Wednesday started cracking down on co-founders of the virtual currency mixer Tornado Cash, just days after a federal judge decided that the government had the authority to sanction them

China so that it can undergo negotiations with Beijing to «amend and strengthen» the landmark deal, the State Department said on Wednesday. For over 40 years, the agreement between the two countries has yielded cooperation across a range of scientific and technical fields, a powerful sign that the rivals could set aside their disputes and work together. The deal, signed when Beijing and Washington established diplomatic ties in 1979 and renewed about every five years since, has resulted in cooperation in areas from atmospheric and agricultural science to basic research in physics and chemistry. But concerns about China's growing military prowess and theft of U.S. scientific and commercial achievements have prompted questions about whether the Science and Technology Agreement (STA), set to expire on Aug. 27, should continue. «This short-term six-month extension will keep the agreement in force while we seek authority to undertake negotiations to amend and strengthen the terms of the STA. It does not commit the United States to a longer-term extension,» a State Department spokesperson told Reuters.

Narendra Modi met South Africa's President Cyril Ramaphosa on the sidelines of the 15th Brics Summit in Johannesburg on Wednesday and discussed ways to strengthen bilateral cooperation in defence, agriculture, trade and health, among other areas. Both leaders reviewed the progress made in bilateral relations and expressed satisfaction at the progress achieved in various fields, including defence, agriculture, trade and investment, health, conservation and people-to-people ties, according to an external affairs ministry readout. Both sides also exchanged views on continued coordination in multilateral bodies and regional and multilateral issues. Ramaphosa expressed support for India's G20 presidency and appreciated New Delhi's initiative to give the African Union full membership of the G20. He conveyed that he looked forward to visiting New Delhi for the G20 Summit. Modi congratulated Ramaphosa on the successful hosting of the Brics Summit and accepted Ramaphosa's invitation for a state visit to South Africa. During the Brics Plenary session, Ramaphosa said he wanted to congratulate India for the Chandrayaan-3 mission.

India and the Association of Southeast Asian Nations (Asean) are likely to revaluate duty cuts, non-tariff measures, safeguard and anti-dumping duties as part of the review of their existing free trade agreement. While the scope of the review of the Asean-India Trade in Goods Agreement (AITIGA) would be decided at the leaders' meeting next month, sources said that the two sides have agreed on exclusion lists, origin rules and technical barriers to trade to be part of the review. New Delhi also sought an evaluation of the services agreement but the grouping is not on board for the same, people familiar with the matter said. The Asean-India Trade in Services Agreement was signed in November 2014 and contains provisions on transparency, domestic regulations, recognition, market access, national treatment and dispute settlement. «India has been asking for a review for more than five years. Asean has agreed for some provisions and there are concerns on others,» said an official. India has asked for a review of the agreement to eliminate barriers and misuse of the trade pact.

Brics this week to air their grievances against Western powers, present themselves as defenders of developing economies and set out the case for an alternative international order. Russian President Vladimir Putin, addressing the South African summit by video, accused the West of provoking everything from the war in Ukraine and global inflation to hunger in the world’s most vulnerable countries by hampering Russian grain and fertilizer sales through sanctions.

blue economy, the Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal said that India stands poised as the driving force shaping the next chapter in South Asia's maritime history, evolving into the global epicentre of the blue economy. He delivered a special address at a pre-event roadshow held at Visakhapatnam. Being a precursor to the upcoming Global Maritime India Summit 2023 (GMIS) 2023, the event spotlighted the strategic significance of fostering maritime growth and connectivity in the region. Sonowal underscored the importance of nurturing both worldwide and local collaborations while driving investments within the maritime sector.

travel to European towns, even those without airports.Air India has unveiled its plans to establish an intermodal interline agreement in collaboration with AccesRail, an IATA travel partner, to bolster connectivity options for its passengers traveling to European cities lacking airports. This strategic agreement is poised to offer Air India customers a convenient means of travel by enabling them to embark on a unified intermodal journey using a single ticket. This ticket will grant them access to bus and train connections spanning approximately 100 cities and towns across Austria, Belgium, Germany, and other destinations. These intermodal connections will be facilitated through Air India's European gateways, which include key locations like Amsterdam, Birmingham, London Heathrow, London Gatwick, Milan, and Vienna. AccesRail, in partnership with Air India, has curated a comprehensive network of rail and bus operators under this agreement. This network encompasses prominent names such as Avanti West Coast (UK), Great Western Railways (UK), London North Eastern Railways (UK), National Express (UK), Trenitalia (Italy), ÖBB Austrian Railways (Austria), SNCB Belgian Railways, and Thalys (Netherlands/Belgium).

Commandant of the Philippine Coast Guard CG Admiral Artemio M Abu signed the Standard Operating Procedure (SOP) to enhance maritime security in New Delhi on Wednesday. Taking to the social media handle 'X', formerly known as Twitter, the Indian Navy stated, «Enhancing #MaritimeSecurity — operationalising information exchange.

The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project, which has the potential “to support increased efficiency and resilience in some areas of the payments system.”

ALSO READ: Pakistan in BRICS? China pushes for expansion; India stands firm against Islamabad’s inclusion PM Modi even mentioned that India fully supports the expansion of BRICS, adding, it welcomes moving forward with the consensus on BRICS. Addressing a plenary session at the BRICS Summit in Johannesburg, PM Modi said, “India fully supports the expansion of BRICS and welcomes move to move forward on this based on consensus." “In around two decades, BRICS has undertaken a long and magnificent journey. In this journey, we made numerous achievements," he added.

Enforcement Directorate (ED) at his residence in Thrissur as "pre-planned," news agency PTI reported. "The ED officials searched the entire premises. My bank account details, as well as those of my wife and daughter, were examined.

The Reserve Bank’s market trials of an eAUD – as its proposed central bank digital currency is known – rightly focused on applications that could deliver the biggest efficiency gains to the Australian economy.

The White House has confirmed that US President Joe Biden will travel to New Delhi from 7 to 10 September for the G20 Leaders’ Summit. “President Biden and G20 partners will discuss a range of joint efforts to tackle global issues, including on the clean energy transition and combatting climate change, mitigating the economic and social impacts of Putin’s war in Ukraine, and increasing the capacity of multilateral development banks, including the World Bank, to better fight poverty, including by addressing global challenges. While in New Delhi, President Biden will also commend Prime Minister Modi’s leadership of the G20 and reaffirm the U.S.

₹2,410 a quintal from Tuesday as prices of the kitchen staple continued to rise. “The measure is being taken to ensure the interest of both farmers as well as consumers," Union Minister of Consumer Affairs and Food Piyush Goyal said. The government on Sunday decided to increase the onion buffer to 500,000 tonnes from the initial procurement target of 300,000 tonnes for the current year.

The New York-based fintech investment adviser, Titan Global Capital Management, has agreed to comply with the US Securities and Exchange Commission's (SEC) cease-and-desist order and paid fines exceeding $1 million for misleading investors about its cryptocurrency offering.

Montana is asking a federal judge to allow its law banning new downloads of TikTok to take effect while a legal challenge filed by the company and five content creators moves through the courts

Russian President Vladimir Putin and Chinese President Xi Jinping are both absent as leaders from the BRICS group of emerging economies open a three-day summit in South Africa