US equipping forces to counter Russia and China | WeForNews | Latest News, Blogs US equipping forces to counter Russia and China – WeForNews | Latest News, Blogs
Connect with us

Blog

US equipping forces to counter Russia and China

Published

on

US equipping forces

United States perceive Russia’s and China’s growing clout as grave threat who seek to create a world consistent with their authoritarian models, pursuing veto authority over other nations’ economic, diplomatic and security decisions.

The forces’ of five major powers are constantly changing their postures for the major looming war with new capabilities of their acquiring weapons in space and cyberspace, nuclear deterrent forces, missile defense, advanced autonomous systems, and resilient and agile logistics to equip their high-quality troops to win the new types of conflicts.

Keeping in view the current scenario in Afghanistan, resurgent Russia and the aim to provide 360-degree European, the NATO Military Committee meeting was held in Brussels.

NATO faces changes in Afghanistan and in Iraq, to the east as the alliance deploys troops to deter a resurgent Russia, and to the south, where NATO is working with partner nations to build stability and military capabilities in North Africa and the Middle East.

The NATO leaders addressed issues of security and stability in Europe’s southern neighborhood. “This is one of the greatest transnational security challenges that we face, and one which impacts every nation around the globe,” Committee Chairman Gen. Petr Pavel of the Czech army said.

“NATO’s network of partners, complemented with international organizations such as the European Union and the United Nations, allows us to work more effectively and in a comprehensive manner.

Defence Secretary James N Mattis stated, “North Korea and Iran persist in taking outlaw actions that threaten regional and even global stability. Oppressing their own people and shredding their own people’s dignity and human rights, they push their warped views outward.”

On the other hand the there is a tough competition among global terror groups of ISIS, AlQaeda etc.With the defeat of ISIS in Syria and Iraq, the terrorists of Islamic State of Iraq and Levant are facing prestige issue and are switching their loyalties to Al Qaeda in North Africa and Yemen.

And despite the defeat of ISIS’ physical caliphate, violent extremist organizations like ISIS or Lebanese Hezbollah or al Qaida continue to sow hatred and continue threatening the world.

Concerning the Global Coalition against ISIS and NATO’s involvement in Iraq, the Chiefs of Defence recommended enhanced coordination with the European Union and other international partners as well as the possible adaptation of the NATO Training and Capacity Building activity in Iraq (NTCB-I) to better respond to the needs of the Iraqi authorities in the area of defence sector reform.Meetings with Ukraine and Georgia allowed the respective Partner CHoDs to provide briefings on their challenging regional security situations and progress reports on their national defence force development.

The CHoDs recognized the ongoing transformation of the Ukrainian Armed Forces in 2017 and stressed their continued commitment to Ukraine through the Comprehensive Assistance Package. On Georgia, the Allied Chiefs recognized its significant and enduring contribution to NATO’s Operations and Missions, especially to Resolute Support. The CHoDs commitment to supporting the Substantial NATO-Georgia Package was restressed and they noted the opportunity for further NATO-Georgia interoperability.

After assuming power, Trump questioned the value and purpose of NATO, calling the Alliance “obsolete” and as costing us [the United States] a fortune.” But since then US Secretary of Defense James Mattis has made numerous visits to European countries, holding several bilateral meetings and assured that the U.S. would strengthen its traditional alliances while building new partnerships and listening more to other nations’ ideas.

Moreover, the recently-released US National Defense Strategy reaffirms the US commitment to NATO by explicitly focusing on “fortifying” the transatlantic alliance and referring to the US’ alliances and partnerships as“ the backbone of global security”.

arti2-150x150

By: Arti Bali

Senior Journalist

Continue Reading
Advertisement

Blog

Who is Murari Lal Jalan, the ‘mysterious’ buyer of Jet Airways?

Published

on

By

Jet Airways

New Delhi: The consortium of Kalrock Capital and Murari Lal Jalan won the bid to revive Jet Airways but not much is known about how Jalan made his riches and how he plans to revive the airline.

According to a report in Marketfeed: “According to many in the business world, Murari Lal Jalan is a very mysterious man. There is not much information about how he was able to create all his wealth.”

“He has always kept a very low profile, and is not popular among the business communities in India or abroad. Totally inexperienced in the field, he has confused a lot of people as to how he was able to enter into the airline industry,” it said.

In the 1980s, Jalan started working at his family’s paper trading business in Kolkata. He also worked as a trader for JK Paper and Ballarpur Industries, which were once big paper manufacturing companies.

In 2003, he wanted to expand his paper business, and acquired Kolkata-based Kanoi Paper and Industries. He renamed it Agio Paper, and it currently has a manufacturing facility in Bilaspur (Chattisgarh).

However, in 2010, the paper company faced a lawsuit from government agencies, for pollution-related issues, and its production activities have been suspended since then, as per the report. “So almost his whole career, his focus was on the paper industry and even that did not end well either,” it said.

Jalan then began plans to enter the real estate and healthcare sector.

“In 2015, he approached Dr. Naresh Trehan and Associates Health Services. He went on to acquire a stake in the company for Rs 75 crore, through a secondary share sale transaction. A secondary sale means that Jalan bought-out the shares from an existing stockholder. Around the same time as the acquisition, Dr. Trehan’s Medanta Hospital had plans to establish a hospital in Dubai, with the help of Jalan. Unfortunately, this plan was not implemented,” Marketfeed reported.

Once Jalan moved his base to the UAE, he quickly expanded to sectors such as real estate, mining, fast-moving consumer goods, and construction. He was chairman of the Agio Image group, which sold and distributed photographic and consumer products of well-known companies such as Sony, Panasonic, and Konica.

He also established a real estate development company, MJ Developers. The firm has its headquarters in Dubai, but its main businesses span over countries such as Russia, Brazil, and India. MJ Developers is currently engaged in developing residential and commercial properties in Uzbekistan.

Jalan had partnered with his own family relatives to set up Patanjali India Distribution Ltd. The report says that documents from the Ministry of Corporate Affairs state that this company would be involved in trading, export, distribution, and marketing of milk products and health foods. The list of products also included herbal medicines and ayurvedic cosmetic items.

“Regardless of these claims, the company never opened, and the founders never looked back on it. We do know that Patanjali Ayurved is owned by the yoga guru, Baba Ramdev. However, it is not clear whether the two companies are linked in some way,” the report said.

Some may question as to why there was a sudden need for Jalan to enter into the airline field. Many have suspicions whether this deal would really help the airline to bring back its former glory, the report said.

Jalan, however, said: “Jet Airways is a renowned Indian aviation company with a strong legacy. The aviation sector underwent substantial correction on account of Covid-19 and created an opportune time to enter the sector. Our vision for Jet Airways is to operate the carrier as a full-service airline, both domestic and international.”

But, as per the report: “The point to be noted here is that Jalan has no expertise in this particular sector. However, the management team of Kalrock does have the essential experience from cargo and logistics management through past deals.”

“But now, a major doubt remains to be answered – how was Jalan able to create all this wealth and expand his business to such a large magnitude? We have seen that his initial business in the paper manufacturing industry had failed. Also, when Jalan moved to the UAE, he was not able to contribute effectively towards the implementation of projects in the healthcare sector. He created a company in India that was never launched. Moreover, the fact that most business people don’t know about him, makes everything all the more suspicious. All these facts make us feel very unsure and doubtful about his new deal with Jet Airways,” it said.

Continue Reading

Blog

Will work with JPC to set record straight on data privacy: Amazon

Google and Paytm too have been asked to appear before the committee on October 29.

Published

on

By

Jeff Bezos Amazon CEO

New Delhi: Amazon, which has refused to appear before a joint parliamentary committee (JPC) next week, said on Friday that its position on the Personal Data Protection Bill 2019 has been “misconstrued” and the e-commerce giant would work with “the JPC to set the record straight”.

The online retail giant is scheduled to appear before the committee on October 28.

In a statement shared with IANS, an Amazon spokesperson said that they have the utmost respect and regard for the important work being done by the JPC on the PDP Bill.

“We have already offered our written submissions for consideration of this august committee. We will continue to engage in any way the JPC considers fit,” the spokesperson said.

“The inability of our experts to travel from overseas due to travel restrictions and depose before the JPC during the ongoing pandemic may have been misconstrued and led to a misunderstanding,” the spokesperson added.

Sources suggest that the committee, which has 20 members from the Lok Sabha and 10 from the Rajya Sabha, is of the unanimous opinion that if Amazon representatives indeed fail to show up on October 28, “appropriate actions” can be initiated against the US business giant.

However, there is no clarity so far, as far as the nature of “appropriate actions” is concerned.

Apart from Amazon, companies such as Twitter and Facebook have also been summoned.

Google and Paytm too have been asked to appear before the committee on October 29.

Continue Reading

Blog

Urgent need to rationalise weights under retail inflation: Report

“Clearly, the inflation numbers based on a broken CPI methodology hides more things than it reveals and RBI will be constrained in its policy decisions, an irony in itself!”

Published

on

Inflation

New Delhi, Oct 23 : There is an urgent need to rationalise the weights under retail inflation, a SBI Ecowrap report said on Friday.

According to the report, inflation numbers based on a broken CPI methodology hides more things than it reveals.

Consequently, the headline inflation constrains the RBI in its policy decisions.

“With the recent changes in CPI (IW), we again raise questions on the validity of continuing with existing weights in Headline CPI,” the report said.

The weighting pattern of food items in CPI, at 45.86 per cent, is based on 2011-12 Consumer Expenditure Survey (CES).

This is significantly different from the share of food and beverages (30 per cent) in the ‘Private Final Consumption Expenditure’ published by the National Account Statistics (NAS).

“Against such a backdrop, we again reiterate there is urgent need to rationalise the weights under CPI,” the report said.

“If we provisionally calculate the new CPI by looking at revised weights of CPI (IW) with 2016 as the base and logically assuming the same trend in CPI, we find that the weights of food in CPI could decline by at least as much as 6 per cent, thus shaving of 50 basis points from current headline CPI at 7.34 per cent.”

Such rebasing of CPI, the report pointed out, also finds mention in MPC minutes.

“However, the weights of services could jump by at least 7 per cent through the postulated increase in service consumption pushing up the weighted contribution of miscellaneous inflation by 42 basis points,” the Ecowrap said.

“Thus, the overall impact will depend on the strength of food and services, though the bottomline is the revised hypothetical CPI is more representative of demand pressures as weights of services and food could be almost in equal proportion.”

However, the report cited that CPI is drawn from “CES and such survey is still pending since 2017”.

“Adding to woes, the Oct’ 20 CPI inflation will be more than 7 per cent due to unexpected rains in major part of the country,” it said.

“Clearly, the inflation numbers based on a broken CPI methodology hides more things than it reveals and RBI will be constrained in its policy decisions, an irony in itself!”

Continue Reading
Advertisement

Most Popular

Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.