Mangaluru: Eight years after beginning construction work, Thokottu flyover finally inaugurated
Mangaluru: The four-lane Thokkottu flyover joining Mangaluru-Kasrogod was inaugurated this morning by Dakshina Kannada MP Nalin Kumar Kateel. The project was long due and was being postponed, halted and delayed for several reasons over the years.
Speaking after inaugurating the flyover, Nalin Kumar Kateel added that the completion of the project is a long due dream come true for the people while also admitting that due to financial issues the work was delayed.
Speaking about the Pumpwell flyover he said “Now the traffic movement is open here (Thokottu flyover) the work and pumpwell flyover will also be completed soon and it will be opened for public”.
He further added that he will hold discussions with District In-Charge Minister U T Khader and other authorities regarding the construction of Thokottu By-pass and service road soon.
Mangaluru Assembly Constituency BJP President Santhosh Boliyar, Former MLA Jayaram Shetty, party leaders Chandrahas Ucchil, Chandrahas Ullal, Manoj Acharya, Hariyappa Saliyan, Sathish Kumpal and other were present during the inauguration of the flyover.
The work for Thokottu flyover joining road to Mangaluru-Konaje, Mangaluru Ullal and Mangaluru-Kasargod took eights years to be completed before being opened for public and traffic movement today.
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Trump threatens BRICS countries of 100% tariff if they drop dollar as currency
Washington: President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil.
BRICS, formed in 2009, is the only major international group of which the United States is not a part. Its other members are South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. Over the past few years a few of its member countries, in particular Russia and China, are seeking an alternative to the US Dollar or create own BRICS currency. India has so far not been part of the move.
On Saturday, Trump warned BRICS nations against such a move.
“The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” the president-elect said in a post on Truth Social, a platform owned by him.
“We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs and should expect to say goodbye to selling into the wonderful U.S. Economy,” Trump warned.
“They can go find another 'sucker!' There is no chance that the BRICS will replace the US Dollar in International Trade, and any Country that tries should wave goodbye to America,” he said. At the 2023 summit in South Africa, BRICS countries committed to study the feasibility of a new common currency. A proposal in this regard was made by the Brazilian President Luiz Inacio Lula de Silva.
India, an important pillar of BRICS, has said it is against de-dollarisation.
"…ask you about de-Dollarization as a possibility for the world. At times India has expressed interest in alternative currency. It can serve as a reserve mechanism. I wonder how do you see that right now what you see as the role of the dollar and these discussions about your national policy," India’s External Affairs Minister S Jaishankar said during his appearance at the Carnegie Endowment for International Peace this fall.
“I think you have us confused for someone else because we have never actively targeted the dollar. That's not part of either our economic policy or our political or our strategic policy. Some others may have,” Jaishankar said.
“What I will tell you is a natural concern there. We often have trade partners who do not have dollars to take. So, we now have to look at whether we forgo dealings with them or do we find some settlement which works otherwise. So, there's no, I can say malicious intent vis-a-vis the dollar in business. WE are trying to do our business,” he said.
“Sometimes you make it difficult in the use of dollars. We have some trade partners with whom trade in dollars becomes difficult because of your policies. We have to obviously look for workarounds. But for us, as we spoke about rebalancing, we spoke about multiple obviously all of this is also going to reflect on currencies and economic needs,” said the External Affairs Minister on October 1 this year.
