China says it won't join in financial sanctions on Russia
Beijing(AP): China won't join the United States and European governments in imposing financial sanctions on Russia, the country's bank regulator said on Wednesday.
China is a major buyer of Russian oil and gas and the only major government that has refrained from criticizing Moscow's attack on Ukraine.
Beijing opposes the sanctions, said Guo Shuqing, the chairman of the China Banking and Insurance Regulatory Commission.
"We will not join such sanctions, and we will keep normal economic, trade and financial exchanges with all the relevant parties, Guo said at a news conference.
"We disapprove of the financial sanctions, particularly those launched unilaterally, because they don't have much legal basis and will not have good effects."
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JD(S) warns of protest over rising drug menace in Karnataka
Bengaluru: The Janata Dal (Secular) on Monday warned of launching a state-wide protest against the Karnataka government, accusing it of failing to curb the growing drug menace in the state.
According to a report published by Deccan Herald, reacting to a recent case in which the Maharashtra Anti-Narcotics Task Force busted drug manufacturing units in Bengaluru the regional party accused the state government of failing to prevent the drug menace in the state.
In a statement, JD(S) youth leader Nikhil Kumaraswamy reportedly said, “The state government has completely failed to prevent the drug menace in the state. Hence, the police from another state had to come.”
Nikhil also criticised Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar, taking a swipe at what he described as the government’s misplaced priorities.
Is the state’s Home Department reserved only for dinner and breakfast meetings? If the government further fails to initiate action against the drug mafia, we will have to launch a massive protest, he warned.
