US President Donald Trump wants to stop subsidies to India, China
Chicago : President Donald Trump on Friday said he wants to stop the subsidies that growing economies like India and China have been receiving as he wants the US, which he considers as a “developing nation”, to grow faster than anybody.
Addressing a fundraiser event in the Fargo city of North Dakota, he also accused the World Trade Organization (WTO) of allowing China to become a “great economic power”.
“We have some of these countries that are considered growing economies. Some countries that have not matured enough yet, so we are paying them subsidies. Whole thing is crazy. Like India, like China, like others we say, ‘oh, they’re growing actually’,” Trump said.
He said that they call themselves developing nations and “under that category they get subsidies.”
“We have to pay them money. This whole thing is crazy, but we’re going to stop it. We’re going to stop it. We have stopped it.
“We are a developing nation, too, OK? We are. As far as I’m concerned, we are a developing nation. I want to be put down in that category because we are growing, too. We are going to grow faster than anybody,” Trump said amidst applause from the audience.
Attacking the WTO, Trump said he thinks that the World Trade Organization was probably the worst of all. “But a lot of people don’t know what that is, that allowed China to become this great economic power”.
On the trade deficit between the US and China, which has led to a tariff war between the world’s top two economies, he said, “I’m a big fan of (Chinese) President Xi Jinping, but I told him, ‘we have to be fair’.”
“We can’t let China take $500 billion a year out of the United States and rebuild itself,” he added. The President also said that the US should get paid for securing the wealthy countries from the outside harm.
“I think it’s fine, but they got to pay us for this. We’re watching the whole world and they take it for granted.
“For years and years we’ve been protecting these countries. They’re making a fortune. They’ve had very little military cost. We have the biggest military cost in the world. Most of it goes to protecting outside countries, some of whom don’t even like us,” Trump said.
“We’re protecting countries that have -- I got to say, they do have respect for us now, but they didn’t have any respect for us, and they got to pay. They got to pay, you know, when they’re wealthy,” he said.
courtesy : hindustantimes.com
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Indian-origin man among 4 killed in temple collapse in South Africa
Johannesburg (PTI): A 52-year-old Indian-origin man is among four people killed after a four-storey Hindu temple under construction collapsed in South Africa's KwaZulu-Natal province, officials have said.
The New Ahobilam Temple of Protection, situated on a steep hill in Redcliffe in north of eThekwini (formerly Durban), was being expanded when a section of the building gave way on Friday while workers were on site.
The exact number of workers and temple officials believed to be trapped beneath tonnes of rubble is unknown.
While two people, a construction worker and a devotee, were confirmed dead on Friday, the death toll rose to four on Saturday after rescue teams recovered more bodies.
Of the four deceased, one has been identified as Vickey Jairaj Panday, an executive member of the temple trust and manager of the construction project, local media reported, quoting officials.
Panday had been deeply involved in the development of the temple since its inception nearly two years ago, the reports said.
Sanvir Maharaj, director of Food for Love, a charity affiliated to the temple, also confirmed that Panday was among those who had died.
Rescue workers, who spent two days trying to recover a fifth body that had been located, had to suspend operations on Saturday afternoon due to inclement weather, Reaction Unit South Africa spokesperson Prem Balram told local media.
“At this stage, it cannot be confirmed whether additional individuals remain trapped beneath the rubble,” he said.
The temple was designed to resemble a cave, using rocks brought from India and excavated on site, and the family building the structure had claimed that it would house one of the world's largest deities of Lord Nrsimhadeva.
The eThekwini municipality, in a statement, said no building plans had been approved for the project, suggesting the construction was illegal.
Initial rescue efforts had been guided by cellphone calls from one of the trapped persons, but communications ceased late Friday evening, officials said.
KwaZulu-Natal Provincial Minister for Cooperative Governance and Traditional Affairs Thulasizwe Buthelezi visited the site on Saturday and pledged that rescue operations would continue for as long as necessary, even as experts noted that there was little hope of finding more survivors.
Buthelezi expressed gratitude to the combined government and private teams involved in the search and rescue operation, including a special dog unit from the Western Cape.
