Black day for DK if Vijaya bank board deleted: Ramanath Rai
Mangaluru, Jan 3: Former minister B Ramanath Rai said that the day of erasing the board of the Vijaya Bank, the prestigious bank of the district, and its merger with the Bank of Baroda would be the black day for the Dakshina Kannada district.
Speaking to reporters here on Thursday, Rai said that the decision would also become a black day for the intentions of Vijaya Bank’s founder Sundar Rama. The people from the district and Vijaya Bank employees have already opposed the central government’s move. In future, protest would be staged against the decision of the central government, Rai said.
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Canada's top envoy to US will resign before review of free trade agreement
Toronto (AP): Canada's ambassador to the US for the last six years said Tuesday she's resigning next year as the two major trading partners plan to review the free trade agreement.
Ambassador Kirsten Hillman said in a letter it is the right time to put in place someone who will oversee talks about the United States-Mexico-Canada Agreement that is up review in 2026.
Canadian Prime Minister Mark Carney said Hillman “prepared the foundations for Canada in the upcoming review" of the agreement.
Carney noted she's one of the longest-serving ambassadors to the United States in Canada's history.
Former Canadian Prime Minister Justin Trudeau sent Hillman to the embassy as deputy ambassador in 2017. She became the first woman to represent Canada as ambassador in the US in 2019.
Hillman helped lead the trade negotiations during US President Donald Trump's first term as deputy and as ambassador worked with US and Chinese officials to win the release of two Canadians detained in China.
Dominic LeBlanc, the minister responsible for Canada-US trade, and Hillman had been leading trade talks with US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer.
US Ambassador to Canada Pete Hoekstra said on social media that Hillman has been an “awesome and well-respected” contributor to the US-Canada relationship.
“I value your friendship and wish you all the best in your next adventure. You will be missed,” Hoekstra said.
Trump ended trade talks with Carney in October after the Ontario provincial government ran an anti-tariff advertisement in the US, which upset the US president. That followed a spring of acrimony, since abated, over Trump's insistence that Canada should become the 51st US state.
Asked this week when trade talks would resume, Trump said, “we'll see.”
Canada is one of the most trade-dependent countries in the world, and more than 75% of Canada's exports go to the US Most exports to the US are exempted by the USMCA trade agreement but that deal is up for review.
Carney aims to double non-US trade over the next decade.
About 60% of US crude oil imports are from Canada, and 85% of US electricity imports as well.
Canada is also the largest foreign supplier of steel, aluminum and uranium to the US and has 34 critical minerals and metals that the Pentagon is eager for and investing in for national security.
