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Flights suspended: How Australia will aid India’s critical shortage of medical supplies
As Coronavirus case numbers continue to soar in India, other nations are lending support
Australian Prime Minister Scott Morrison has today revealed an initial support package to help India, as it struggles with a critical shortage of medical supplies.
Australia will send 500 ventilators, 1 million surgical masks, 500,000 P2 and N95 masks, 1 million surgical masks, 100,000 goggles, 100,000 pairs of gloves and 20,000 face shields.
DFAT will manage the movement of the items
The crisis has also resulted in Australia suspending all flights to and from India until the 15th of may, following emergency talks today.
“I stress this is an initial package, there’ll be more to follow,”
Mr Morrison said.
Shocking scenes of overflowing hospitals and bodies being burnt in makeshift crematoriums paint a grim picture of the Covid crisis gripping India.
In a single day the number of new infections climbed above 350 thousand, a new record.
India has more than 17.3 million infections overall and almost 200 thousand deaths.
The country has now ordered its armed forces to help tackle the soaring infection numbers
the Chief of Defence Staff says oxygen will be sent to hospitals from armed forces reserves and retired medical military personnel would join COVID health facilities.
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Gold plunges 5% in biggest drop since 2013
Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.
Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.
Gold prices have crashed over 5% in a single day, sparking concerns across global markets and sending investors scrambling.
Chris Weston from Pepperstone breaks down the causes and implications.
#Gold #Markets #Investing #Commodities #GoldCrash #PreciousMetals #ASX #GlobalMarkets #Finance #Trading
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Trump and Xi set for high-stakes APEC showdown
Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.
Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.
President Trump and President Xi Jinping will meet for the first time in six years at the APEC summit, aiming to ease trade tensions and revive dialogue amid tariff threats.
#Trump #XiJinping #APEC #Trade #China #USPolitics #Economy #Tariffs #AsiaPacific #GlobalSummit
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Trump to meet Xi at APEC amid trade tensions
Trump to meet Xi at APEC summit as trade tensions escalate and tariffs loom
Trump to meet Xi at APEC summit as trade tensions escalate and tariffs loom
– Trump will meet Xi Jinping at the APEC summit in South Korea later this month amid trade tensions.
– China has reshuffled its trade team, appointing Li Yongjie as the new WTO representative.
Trump mentioned that he believes an excellent trade deal would benefit the U.S., China and the global economy. He acknowledged the importance of the negotiations, stating that China respects the U.S. but is always seeking advantages in trade.
China’s Trade Reshuffle
China has reshuffled its trade negotiation team. Li Chenggang has been removed from his position as the representative to the World Trade Organization, while retaining his role as vice minister of commerce. This change aligns with Beijing’s strategy to adjust its trade diplomacy amid tensions.
Li Yongjie has been appointed as the new WTO representative. This team transition comes after scrutiny from U.S. officials and reflects China’s commitment to recalibrating its approach within the ongoing trade discussions.
The upcoming APEC summit will gather leaders from 21 economies, representing a significant portion of global GDP. It serves as a pivotal platform for dialogue, despite the backdrop of intensified trade negotiations.
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