International

Tokyo court grants bail to ex-Nissan chairman Carlos Ghosn

Tokyo court grants bail to ex-Nissan chairman Carlos Ghosn

International
Updates from :  the Hindu : Ghosn has been in custody since his initial arrest in late November on charges of breach of trust A Tokyo court on Tuesday granted bail to Carlos Ghosn, the ousted chairman of Nissan Motor Co Ltd who is fighting charges of financial misconduct, after more than three months in detention, Ghosn's lawyer said. Japanese public broadcaster NHK reported that bail for Ghosn, who has been has been in custody at a detention centre in Tokyo, was set at 1 billion yen ($8.94 million), and that he could be released as early as Tuesday.   Ghosn has been in custody since his initial arrest in late November over allegations that he under-reported his compensation at Nissan for nearly a decade through 2018. He also has been charged with aggravated b
Mike Pompeo sees more U.S.-North Korea talks after Hanoi summit

Mike Pompeo sees more U.S.-North Korea talks after Hanoi summit

International
Updates from :  the Hindu : “I am hopeful, although I have no commitment yet, that we will be back at it, that I'll have a team in Pyongyang in the next couple weeks,” Mr. Pompeo told the Iowa Farm Bureau. U.S. Secretary of State Mike Pompeo said on Monday he was hopeful the United States would send a delegation to North Korea in the coming weeks, after talks between President Donald Trump and North Korean leader Kim Jong Un ended with no agreement. The leaders' second summit in the Vietnamese capital of Hanoi collapsed last week without any agreement or immediate plan for a third meeting between them, or their delegations. “I am hopeful, although I have no commitment yet, that we will be back at it, that I'll have a team in Pyongyang in the next couple weeks,” Mr. Pompeo tol
U.S. President Donald Trump plans to end India’s preferential trade treatment

U.S. President Donald Trump plans to end India’s preferential trade treatment

International
Updates from :  the Hindu : U.S.-India trade ties were hurt after India unveiled new rules on e-commerce that restrict the way Amazon.com Inc and Walmart Inc-backed Flipkart do business. U.S. President Donald Trump has said he intends to end preferential trade terms for India under the U.S.’s Generalized System of Preferences (GSP) program. The program, which sets zero tariffs for certain goods from a set of 120 developing countries in order to foster trade and economic development, accounts for some $5.6 billion of India’s exports to the U.S, making India the largest GSP beneficiary. The Trump administration, which periodically reviews GSP eligibility launched a review last April of India’s compliance with GSP market eligibility criteria. “I am taking this step because,
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