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Israel-Election-Results

Only The Tel Aviv Stock Market Celebrates Israel Election Results

Israel election results indicate formation of a Unity Government but there are mixed views on the formation and durability of a coalition between rival parties. But the country is seeing a good start with President Netanyahu inviting Kachol Levan leader Benny Gantz for talks.

Results

  • KaholLavan won 32 out of 120 Knesset seats
  • Likud captured 31 but Netanyahu’s bloc comprising of right-wing and ultra-Orthodox parties presently stands at 55 seats
  • The centre-left bloc has 56 seats

What is the likely outcome of these results?

Since no party has a majority to form a government, there are more chances of a unity government. Also, Netanyahu has already started the dialogue to come to terms with others and work together. He has invited Gantz for talks to chalk out a plan for forming a government.  

What economists have to say about government formation?

It is good news for economy because a unity government would be less susceptible to coalition demands from small parties and narrow sectoral interests of mean politicians. Economists favour a unity government because it would be able to take structural reforms and hold … Read the rest

World-Test-Championship-Revive-Test-Cricket

Could World Test Championship Revive Test Cricket?

The International Cricket Council almost removed ODIs from the newly released the Future Tours Programme (FTP) for the cycle till 2022. The new FTP has limited the maximum number of ODIs in bilateral series to three but the number of T20s has been shot up.

Highlights of FTP

Revival of ODIs

ICC has been aggressive in its approach to promote T20s but it says that the new format would help in globalizing the sport. Presently, ICC is putting little focus on ODIs but the popular format could see resurgence before the 2023 World Cup. Also, ICC has suggested a minimum number of games format to make a new qualification system. But ICC won’t interfere in bilateral series played between two countries.

Test Cricket and World Test Championship

Starting World Test Championship is a great idea but it is still at its nascent stage. But ICC is trying to … Read the rest

Xi-Jinping-Won’t-Discuss-Kashmir-With-Modi

Xi Jinping Won’t Discuss Kashmir With Modi

Chinese President Xi Jinping will meet Prime Minister Narendra Modi during his visit to India in October but they won’t talk Kashmir. The dates of meeting are yet to be finalized but both the countries agree that it would be an informal meeting without aides.

Conclusion from the last meeting

The two leaders met in Wuhan last year but the meeting remained informal. They discussed strategic matters that are of bigger importance instead of concentrating their talks on one or two specific issues especially Kashmir.

Chinese stand on Kashmir

China raised the issue of Kashmir in United Nations but Kashmir has never been an issue between India and China. The leaders met last year but didn’t discuss Kashmir. They will again meet in October and discuss strategic issues only.

Belt and Road Initiative

Xi Jinping is likely to push his Belt and Road Initiative during his talks with India. Chinese government wants India to be a partner country in its road initiatives. Also, the Chinese government would discuss measures that can help in safeguarding peace and stability in the border areas. The Chinese government promised … Read the rest

Boris Johnson’s Heckled Luxembourg

Boris Johnson’s Heckled Luxembourg Visit For Brexit

Britain’s Prime Minister Boris Johnson had to face a perplexing situation during his recent visit to Luxembourg. He was there to negotiate a Brexit deal that he claimed was in his mind but EU said otherwise. They said Britain offered no deal to EU.

Lunch with EU President

The British Premier joined European Commission president Jean-Claude Juncker for lunch at the Bouquet Garni restaurant. But he was heckled by hundreds of Britons from the beginning of his trip.

A group of retirees living in Luxembourg welcomed Johnson in Luxembourg with slogans and banners reading Fascist, Stop the coup, Tell the truth and Shame on Boris. But the situation at the restaurant was more difficult to handle.

A group of approximately 50 protestors was present at the restaurant gate to shame the British PM for his unwelcome exit from EU. The scene created at the restaurant forced Boris to leave without addressing the gathering.

Media briefing cancelled

Boris Johnson was to meet journalists at the restaurant but he cut short his visit citing the unruly mob as the reason behind his exit from the restaurant. But … Read the rest

Narendra-Modi-Visits-Gujrat-On-His-69th-Birthday

Narendra Modi Visits Gujrat On His 69th Birthday

PM Narendra Modi turns 69 today. Last year, he celebrated his birthday with school children of his constituency Varanasi. But this year, he’s in Gujrat to pay tribute to Sardar Vallabhbhai Patel and inaugurate Namami Narmade Mahotsav.

Visit to the Statue of Unity

Narendra Modi visited the statue he inaugurated on the birth anniversary of Sardar Patel last year. There he paid tributes to the Iron Man of India and shared pictures of the jungle safari and cactus garden on social media. He praised the statue in his tweets and video.

Namami Narmade Mahotsav

PM Modi along with Gujrat CM Vijay Rupani came to the Narmada dam, he inaugurated in 2017 and offered prayers to river Narmada to mark the beginning of the NamamiNarmade Mahotsav.

Narmada dam would provide potable water to 131 urban centers and 9,633 villages that is 53% of Gujrat. Also, the dam would provide irrigation facility to 18.54 hectares, covering 3,112 villages in 15 districts of the state.

Visit to Duttatreya Mandir Later PM Modi visited the Duttatreya Mandir in Garudeshwar village and a children’s park. Finally, he addressed a public … Read the rest

Mystery-Behind-The-Death-Of-Ric-Ocasek-Of-The-Cars

Mystery Behind The Death Of Ric Ocasek Of The Cars

Today’s latest trending news is about the sad demise of Ric Ocasek, lead singer of The Cars, a famous Boston band of mid 70s. He was 75 and survived by his wife, the model Paulina Porizkova, and six sons.

Music career of Ric Ocasek

He formed The Cars with his high school friend Benjamin Orr in the mid-1970s in the Boston. They merged guitar rock with synthesizer-based pop and give hits like What I Needed, My Best Friend’s Girl and Good Times Roll.

The turning point in his life came in 1984 when he performed to get Live Aid for the Ethiopian famine. He used ballad Dive for background music to support footage of the famine.

Breakup of the band

In 1980s, Ocasek started his solo-journey as a producer for artist that include Weezer, Bad Religion and No Doubt. Benzamine Orr, the founding member of the band, died in 1980 from pancreatic cancer.

Reformation of the band

Ric Ocasek reformed his band by bringing the remaining members of The Cars together and produced the final album that got him Rock … Read the rest