Meghalaya, Tripura Gear Up For Assembly Elections

Meghalaya, Tripura Gear Up For Assembly Elections

Meghalaya and Nagaland are ready for the assembly elections which will take place on Tuesday. Both the states have 60 seats in the house but elections are held for 59 seats only. The elections have been cancelled in Williamnagar of Meghalaya after its NCP candidate was killed in a blast. NDPP supremo Neiphiu Rio has been elected unanimously for the constituency of Northern Angami-II of Nagaland. The results will be out on March 3, 2018.

Meghalaya, Tripura Gear Up For Assembly Elections

Congress has been in power in Meghalaya since last 10 years but this does not stop BJP. After establishing itself in Arunachal Pradesh, Assam, and Manipur, BJP has held its hope high for this election and is on its way to gain power in North-East. In Meghalaya, Congress and BJP will be contesting on 59 seats and 47 seats, respectively.

In Meghalaya, BJP and NPP are contesting separately but they will be united for the elections in the North East Democratic Alliance. In Nagaland, BJP is contesting on 20 seats in alliance with the Nationalist Democratic Progressive Party which has 40 candidates. On the other hand, Congress is filling candidates in 18 seats only.

The process for declaring candidates was started on January 31, 2018. A total of 370 contestants will be running for elections in Meghalaya. This includes 32 women. There are 18.4 lakh voters in the state. In Nagaland, there are 11.9 lakh voters. After the process of sorting, 227 candidates are contesting in Nagaland.

To make sure that the elections are held out in peace, the state has stationed 281 companies of CAPF apart from the police force of Nagaland. Safety has been of prime importance during this difficult and controversial time of elections in Nagaland, so all the polling booths will be protected by the CAPF assisted by the state police force.

Security Alerts Sparked Off In Maldives Owing To Chinese Observatory

Security Alerts Sparked Off In Maldives Owing To Chinese Observatory

China’s ocean observatory in Maldives sparks fresh security threats for India. The opposition leaders of Maldives claimed that the observation station will also host military application along with prearrangement’s for a base that will shelters submarines.

Security Alerts Sparked Off In Maldives Owing To Chinese Observatory

The location of the observatory in Makunudhoo, island in the north towards the extreme west which is not far from India, will facilitate China to get an angle of a significant shipping route via Indian Ocean by means of which several traders and vessels pass, as per the sources in Male. The location is uneasily near to the Indian waters and check red lines regarding liaison with Maldives.

Indian officials affirmed that an authorized agreement between Maldives and China for the establishment of the observation station has been made final previous year. However, they said they will evaluate the particular of the contract before making any comment.

A major opposition party’s leader in Maldives said that it will be a challenge for India to make sure the observatory does not become another noteworthy addition to the geopolitical theory on potential Chinese intentions in the Indian Ocean region, encircling one that undercuts the long-established security liaison of India with Maldives.

The concern for India is the plan of observation station seems upsettingly similar to Beijing’s announcement for SCS previous year.

Brahma Chellaney, expert in Strategic affairs opined India should mark this as a red line concern and warn Maldives and China that allowing such ocean observatory is out of question.

The crisis in Maldives left no easy options for India and any step to incline excessively on the present government can subvert the situation and amplify the risk of civil turbulence. The international bodies are eagerly waiting for India’s reaction to this issue. Until now, India has persisted Abdulla Yameen, the president of Maldives, to reinstate democratic operation but avoided urgings of intervening militarily.

Fintech Revolut Becomes First Digital Bank Of The U.K. To Break Even

Fintech Revolut Becomes First Digital Bank Of The U.K. To Break Even

Revolut, the financial tech firm, has turned out to be the first of a fresh type of digital banks to break even on a monthly basis in the U.K after a growing consumer base. This comes after a set of new services assisted it boost incomes in December 2017. Revolut, which has got fame with consumers for easy and cheap foreign exchange and is in the procedure of getting a banking license, has 1.5 Million consumers all over Europe.

Fintech Revolut Becomes First Digital Bank Of The U.K. To Break Even

The company is one of the many digital banks that have increased up in the U.K. in the last couple of years, providing cut-price fees, slick apps, and a marketplace where consumers can shop in search for goods from a series of suppliers. Some have seen important consumer increment since, but all are now making loss. Nikolay Storonsky, founder of Revolut, claimed to the media that the result in December was boosted by sturdy uptake of its products and consumer growth. This trend had continued in this year as well.

“In January we had a much sturdier month and once more we jumped 20–25% on incomes in comparison to December 2017,” he claimed. The closest peers of the firm comprising Starling Bank, Tandem, and Monzo, which all have the U.K. banking licenses, claimed to the media that they had not yet witnessed a month with no losses.

Atom, one more app-only bank that has a different model for business, also claimed that it had not given profit yet. N26, the digital bank of Germany that has branched out all over Europe, refused to reveal data on its numbers. Dissimilar to its competitors, Revolut provides paid-for business and premium accounts, which have proven profitable for the company. It is also the only digital bank in the U.K. to work all over Europe so far.

Nepal Likely To Face Political Trouble, May Face Instability

Communist Party chairperson of Nepal, K P Oli became the Prime Minister. Bidhya Bhandari,

At last the Communist Party chairperson of Nepal, K P Oli became the Prime Minister. Bidhya Bhandari, the President looked considerate towards K P Oli, her boss for a long time in the party. She ignored recommendations given by the retiring PM, Sher B. Deuba representing Nepali Congress.

Communist Party chairperson of Nepal, K P Oli became the Prime Minister. Bidhya Bhandari,

An entrustment headed by Nepali Congress’s youth front chairperson, Jitjung Basnet, commenced a sardonic protest against Bidhya Bhandari, the president by giving her a constitution’s copy. Bhandari is undoubtedly Oli’s favorite, but whether Bhandari can hold on to the position greatly depends on the way Oli manages the sections among his party.

Regardless of the amalgamation of the Maoists and UML, and the formation of government moved forward considerably, there silience of the later is doubtful. The vital matter of political standard or principles that is likely to be suitable to both the parties that stood against each other for Maoists revolution that continued for a decade and concluded in 2006, April.

Chinese Communist Party’s vice minister and member, Guo Yezhou was present in Nepal at the time of Oli overtaking office, emphasized that the strategic significance of Nepal has perked up and other political parties should come together to bring political stability.

Oli, after becoming PM, said he would give the contact of $2.5 billion for the Budhi Gandaki hydropower project to Ghezouvaba, the Chinese company, the same project that the ex government cancelled. He also expressed his desires to carry forward the agreement on transit trade that was signed in 2016, April with China.

K P Oli also considering to putting an end to Gorkha enrollment in Indian Army. Undoubtedly, under the governance of K P Oli, Nepal is as unstable as the past eleven governments from the year 2006. However, Oli is not likely to incline towards India, in spite of the olive branch Narendra Modi, the Indian Prime Minister has extended from the time of election results.

Netanyahu’s Close Aide To Turn As State Witness

Netanyahu’s Close Aide To Turn As State Witness

Benjamin Netanyahu, Israel’s Prime Minister is facing fresh threat challenging his tenure from one of his closest confidants who has agreed to speak against him in a graft probe. A media report in Israel stated that two fresh charges of corruption have emerged against the beleaguered Netanyahu who is already facing a long litany of complaints against him two of which have been recommended by the local police. This fresh revelation has led to speculations that he will either call for early elections or may be forced to move out of office.

Netanyahu’s Close Aide To Turn As State Witness

Shlomo Filber was a close ally and aide of Netanyahu for more than 20 years and was also the director general of the nation’s communications ministry in the past. Israeli media have confirmed that he may agree to become a witness of the state to escape a long jail term for corruption. The police have not publicly confirmed the speculation. The man was arrested during the weekend by the police examining leads that Netanyahu made policies to benefit Israeli telecom giant Bezeq that is controlled by Shaul Elovitch in exchange for showing the PM in positive light through his news site Walla! Filber is under suspicion of mediating the deal and pushing regulatory policies that earned millions for Bezeq.

Two senior level executives of the telecom major were also arrested on Sunday whose remand has been extended till February 26, 2018. While the prime minister has not been named in the investigation, two of his aides have been accused of offering promotion to a judge to drop a court case against Netanyahu’s wife. These two aides were Nir Hefetz and Eli Kamir that are media advisors of the family in the past. The Israeli police stated that had enough grounds to indict Netanyahu on two cases of bribery and breach of public trust though he denied all the allegations.

Meeting Planned, Cancelled Between North Korea And Pence

Meeting Planned, Cancelled Between North Korea And Pence

Michael Richard Pence, the American Vice President and officials from North Korea planned for a secret meeting at the time of Winter Olympic, but Pyongyang disrupted the meeting after Pence criticized mistreatment from the brutal government.

Meeting Planned, Cancelled Between North Korea And Pence

Michael Pence never for once interacted with the North Korean officials; although he shared the same slot as them in the Winter Olympics’ opening ceremony. He didn’t even shake hands with Kim Yong Nam, the ceremonial head of North Korea.

Heather Nauert, the spokesperson of State Department mentioned in a statement that During Mr. Pence’s latest trip to South Korea to show associated resolution and support US athletes, a possibility of a brief meeting with North Korean leaders rose.

The Vice President was all set to make use of this opportunity to discuss and ask North Korea to dump their illegal ballistic missile and nuclear experiments.

She added, at the final moment, North Korean officials cancelled the meeting. US feel sorry for their failure to grab this opportunity.

North Korea didn’t wanted the Vice President of America to stand on the world stage and bring attention to exhibit their strong association with those dedicated to utmost pressure campaign.

However, this visit was determined to oppose the ill doings of Kim and whitewash his murderous government with polite photo opportunity at the Olympics.

This could be the reason, North Korea walked away without sitting for the meeting.

Donald Trump and Kim Jong-un have involved in sequence of personal abuses.

However, as tension grew among the Washington and North Korea, the Olympic Games evoked a quick settlement between North and South Korea who still are at war technically.

The President came to a decision that if DPRK want to talk or ask for a meeting, US would be ready for that. They will convey their unbending message. Trump also clarified that until they show consent to completely denuclearize, they are not willing to negotiate or change their positions.

Cybercriminals Ready To Extort Money As Companies Obey With New EU Rules

Cybercriminals Ready To Extort Money As Companies Obey With New EU Rules

As companies try to obey with new privacy laws of European Union that come into action in 2018, they are set to encounter elevated crypto currency mining, ransomware, and BEC (business email compromise) extortion assaults, a report claimed this week.

Cybercriminals Ready To Extort Money As Companies Obey With New EU Rules

Cybercriminals will attempt to extort cash from companies by first deciding the GDPR (General Data Protection Regulation) price that might be caused by an assault, and then asking for a ransom of somewhat less than that penalty. This is what the CEOs may select to pay, claimed the report from Trend Micro, the worldwide cyber security leader.

ATM assaults, targeted attacks, and BEC were some of the sneaky security hurdles encountered by companies last year. “With more users employing online payments, there has been an increment in the number of attackers. We have witnessed an elevation in those vulnerabilities being declared and lot of them getting negotiated,” Vice President at Trend Micro for South East Asia and India, Nilesh Jain, claimed to the media in an interview.

“Major outbreaks that posed worldwide infections made news well into 2017, showing that ransomware was still a troublesome danger for enterprises and individuals,” he claimed. The European Parliament’s GDPR law comes into effect from May 25, 2018. The new report, dubbed as The Paradox of Cyberthreats, showed a 32% elevation in new families of ransomware between 2016 and 2017.

It also showed a 2x increment of BEC attacks between the H1 and H2 of last year and towering rates of malware related to crypto currency mining, peaking at 100,000 recognitions in October 2017. “The report shows a dangerous landscape, with cybercriminals more and more finding that they capable to get more (whether it is data or money or reputation damage) by deliberately aiming firms’ most precious assets,” claimed Director at Trend Micro for Global Threat Communications, Jon Clay, to the media in an interview.

Reversing The Brexit Decision Would Be Disastrous Says Mr Boris

Reversing The Brexit Decision Would Be Disastrous Says Mr Boris

Boris Johnson, the Foreign Secretary for United Kingdom commented that if Britain decides to go back to European Union that will be destructive for the economy.

Reversing The Brexit Decision Would Be Disastrous Says Mr Boris

Mr. Boris tried to showcase a bright picture for the British economy after Brexit. Fears are still lingering in the Marley about Britain’s future after it quits EU and Boris informs it will be more damaging for the country if they decide to go back to an outdated union.

British government has come up with a campaign to bring in awareness about Brexit and remove fear from the hearts of commons and investors and the initiative is known as ‘Road to Brexit.’ He termed European Union as a backdate economic group. This was the first speech delivered by the secretary as a part of the campaign. He said European Union had noble ideas when it was started but now it is not par with the modern way of running business. He also went ahead to comment that as Britain adopts Brexit now, later when this endeavor succeeds history books will have excerpts written about how the country boosted its economy with this strategy.

He supported the present Prime Minister of UK, Theresa May, by saying that the PM has cure to the faltering Brexchosis. When press asked him how committed is he to stay in the office if his Brexit strategy fails and his colleagues turn against him, Boris avoided the question by complimenting his luck to have the opportunity to serve the nation.

May is still looking for support at the Cabinet to get approval for Brexit and Boris feels if the cabinet denies this step then it will be a historic mistake for the country.

Boris is a veteran leader in politics and aged 53 years; he beckoned the public in his speech to come together and bring up a confident United Kingdom.

Online User Spending To Cross $100 Billion By The End Of 2020

Online User Spending To Cross $100 Billion By The End Of 2020

Online user investment is anticipated to increase to almost USD 100 Billion by the end of 2020. This will almost 2.5x growth that will be led by increment in travel and hotel, e-commerce, digital media, and financial services, claims a report. People in Indian currently invest almost USD 40 Billion via digital payments. “Possibility exists for digital payments to increase 3x to USD 100 Billion from almost USD 40 Billion by the end of 2020,” the Boston Consulting Group’s report in association with the search behemoth Google claimed this week.

Online User Spending To Cross $100 Billion By The End Of 2020

E-commerce for goods such as consumer electronics, accessories and apparel, food and grocery, and durables is expected to be the largest ingredient with the size of the market expected to cross USD 40–45 Billion by the end of 2020, from almost USD 18 Billion currently. Digital transactions for hotel and travel is expected to cross USD 20 Billion by the end of 2020 from the present USD 11 Billion; financial services to cross to USD 30 Billion from the present USD 12 Billion; and digital media to cross USD 570 Million from USD 200 Million, as per the report.

Online consumers has increased almost 2x in 4 years to cross 430 Million consumers currently, driven by cheaper data, cheaper smartphones, and more local language or mobile-specific content, it claimed. The report further claimed that new users and women from non-tier 1 towns and shoppers above age of 35 will boost this development.

It also predicts that by the end of 2020, the female consumers will elevate 2.5x and older users will grow over 3x in comparison to the present. “With the enhancement of infrastructure, online shopping will start in the countries from cities further than metros and together it is anticipated to include over 50% of the entire online user base by the end of 2020,” it claimed.

No Communalization Of Our Brave Hearts – Says Army

No Communalization Of Our Brave Hearts - Says Army

The Indian army issued a strong statement against parliamentarian Asaduddin Owaisi’s comments about slain Muslim soldiers in Sunjuwan, stating that it does not communalize its martyrs like politicians do.  The Commander in Chief of Northern Command Lt. General Devraj Anbu stated to reporters that the army does not distinguish its soldiers on their religious affiliations and they live together as a family. Outsiders that are not aware of army’s functioning mechanism are likely to make such comments. This was said by the officer when reporters asked him for opinions about Asaduddin Owaisi’s remarks stating that people questioning patriotism of Muslims were silent on the subject of Muslim soldiers killed during the recent terrorist attack at an army camp in Jammu.

No Communalization Of Our Brave Hearts - Says Army

Mr. Owaisi had referred to soldiers that were killed in the Sunjuwan army camp saying that when five Kashmiri Muslims have sacrificed their lives for the nation how can they be ignored and their integrity be questioned along with their love for India. This shows the so-called nationalists that appear on prime time television debates and criticize the nationalism of Muslims in Kashmir and elsewhere like him. Mr. Owaisi is the leader of AIMIM based in Hyderabad and represents them in parliament.

The army commander stated that the JeM or Jaish-e-Mohammed was working with other Pakistan based terrorist groups like Lashkar e-Taiba and Hizbul Mujahideen to attack soft targets like military camps and family quarters. This showed their frustration as they were failing at border outposts that were repelling them effectively. Four terrorists from Pakistan’s Jaish-e-Mohammed had attacked an army family housing unit in Sunjuwan and killed seven people including a civilian. Lt. Gen Anbu also mentioned that the large presence of local Kashmiri residents during the funeral of slain soldier Mohammed Ashraf Mir was a testimony against politicians trying to communalize army.