The head of the Organization of American States (OAS) said that military intervention to overthrow Nicolás Maduro's Venezuelan government must not be ruled out for the country mired in economic and humanitarian crisis.
Venezuela is mired in a deep economic crisis that has triggered the departure of 1.6 million Venezuelans since 2015, according to the United Nations. Colombia has received more than one million of the migrants.
China-Myanmar Bond
China's Belt and Road Initiative (BRI) got a high-octane boost last week, when Myanmar, facing the heat from the West because of the Rohingya refugee crisis, inked an agreement with Beijing to establish a cross-border economic corridor.
The 1,700 km corridor will provide China yet another node to access the Indian Ocean. Already, Gwadar Port has become Beijing's star gateway to the Arabian Sea.
Bhutan PM's Party Ousted
In a major upset verdict in the first round of polls in Bhutan, incumbent Prime Minister Tshering Tobgay's People's Democratic Party (PDP) has been ousted from the race, and will not run in the second and final round next month. Instead, the Druk Nyamrup Tshogpa (DNT) headed by Dr. Lotay Tshering, and the Druk Phuensum Tshogpa (DPT) will face off on October 18th.
As per reports, the government plans to soon initiate the strategic sale process for at least four subsidiaries of loss-making Air India, including Airline Allied Services Ltd (AASL) and Hotel Corporation of India (HCI).
Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.
The government has prepared a list of the airline's assets that could be hived off as part of the strategic sale plan for Air India and its subsidiaries.
Trade Deficit Narrows
The country's exports rose at the fastest pace in three months to reach $27.84 billion in August on account of healthy growth in petroleum products, engineering, pharma, and gems and jewellery shipments. Imports too grew by 25.41% in August to $45.24 billion due to costlier crude oil shipments.
Infosys' Arm Buys Fluido
Global software major Infosys said that its consulting arm acquired Fluido Oy, a leading Salesforce advisor and consulting firm in Finland, to help its clients in digital transformation.
The acquisition of Fluido by subsidiary (Infosys Consulting Pte Ltd) will help clients navigate into digital transformation and strengthen our position as a leading Salesforce enterprise cloud service provider.
Five-time world champion MC Mary Kom (48 kg) clinched her third gold medal of the year, while Jyoti Gulia (51 kg) picked up the country's lone gold in the youth category of the Silesian Open Boxing Tournament for women in Gliwice, Poland. L Sarita Devi, however, had to settle for a bronze medal in the 60kg category.
Election strategist Prashant Kishor joined the Janata Dal United (JDU) in the presence of Bihar Chief Minister Nitish Kumar in Patna, Bihar. Kishore joint the JDU at the party state executive meeting, attended by Senior JDU leader KC Tyagi, among others.
Swachhata Hi Seva Campaign
Prime Minister Narendra Modi launched the "Swachhata Hi Seva" ("cleanliness is service") campaign, and took up a broom to clean a school named after Dalit icon B.R. Ambedkar. Union Ministers and BJP leaders and workers participated in similar exercises across the country.
According to religious leaders and noted personalities the sanitation coverage in India had increased from 40% to over 90% in the four years of the "Swachh Bharat" (Clean India) project.