Around the Globe

Around the Globe

Facebook on a Hiring Spree Of Lobbyists aS scandal grows

Facebook Inc. is on a hiring spree in Washington as the social network bulks up its ranks of lobbyists in the midst of a privacy scandal that cuts to the heart of its business model.

As a chorus of calls mounts for answers about its data practices, Facebook is looking to hire at least 11 people for policy-related positions in Washington, according to its website. The company started hiring new lobbyists last fall after revelations Russians exploited its platform to help elect President Donald Trump.

Trump Expels 60 Russian Diplomats for UK Attack

US President Donald Trump ordered 60 Russian diplomats the US considers spies to leave the country in response to the nerve-agent poisoning of a former Russian spy in the U.K. and closed Russia’s consulate in Seattle, senior administration officials said Monday as European allies prepared similar measures.

The expulsions are the most aggressive US move against Russia under Trump, who has sought a closer personal relationship with Russian President Vladimir Putin while at the same time introducing new sanctions against people and entities with ties to the Kremlin.

Govt set to borrow Rs 2.88 lakh cr in Apr-Sept

The government will borrow Rs 2.88 lakh crore in the April-September period of FY19, which is 47.56 per ce­nt of the budgeted gross borrowing. In April-September of FY18, the gross borrowing was Rs 3.72 lakh crore.

Economic affairs secretary Subhash Chandra Garg said the government would come out with inflation-indexed bonds linked to CPI or retail inflation. Also, government securities of 1-4 years duration will be introduced.

‘No more’ or we vote you out: students lead huge US anti-gun rallies

Chanting “never again,” hundreds of thousands of young Americans and their supporters answered a call to action from survivors of last month’s Florida high school massacre and rallied across the United States on Saturday to demand tighter gun laws.

In some of the biggest U.S. youth demonstrations for decades, protesters called on lawmakers and President Donald Trump to confront the issue. Voter registration activists fanned out in the crowds, signing up thousands of the nation’s newest voters.

Facebook crisis reignites scrutiny of social networks

Facebook Inc is struggling to respond to growing demands from Washington to explain how the personal data of millions of its users could be exploited by a consulting firm that helped Donald Trump win the presidency.

US plans heavy China tariff hit

The Trump administration plans to impose tariffs worth as much as $60 billion on Chinese products as early as this week to punish Beijing for what the US perceives as intellectual property theft from American businesses, according to two people familiar with the matter.

Putin savours record win, securing six more years at Russia’s helm

Russian President Vladimir Putin basked in his biggest ever election victory on Mo­n­day, extending his rule over the world’s largest country for another six years at a time when his ties with the West are on a hostile trajectory. Putin’s victory will take his political dominance of Russia to nearly a quarter of a century, until 2024, making him the longest ruler since Soviet dictator Josef Stalin. Putin, who will be 71 at the end of his term, has promised to beef up Russia’s defences against the West and raise living standards.

How long will the world’s most powerful leaders last?

The internati­onal pecking or­der is usually defined by economic and military might. That puts the US at the top of the pile, with China gaining fast in second place.

But when it comes to tac­kling long-term global challenges such as climate cha­nge, poverty or peacemaking, it’s also vital to identify which leaders are likely to stick around.

US has concerns over WTO, wants reforms

Raising concerns over the functioning of the World Trade Organisation, the US has asked for upgrade and reforms of the trade body, WTO director general Roberto Azevedo (in pic) said on Monday while saying the trade environment was very risky at present.

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