Profitloss Centerstage Events

India's population officially surpasses the one billion mark takes the centerstage among all global events which has happened over this week.
Picture Courtesy: Profit loss

Centerstage events of week 2

Mr. Bernard Miyet, Chief of United Nations Peacekeeping, is en...

Mr. Bernard Miyet, Chief of United Nations Peacekeeping, is en route to Sierra Leone amidst growing concerns over the recent surge in violence. The UN has been alarmed at the increased fighting in the region in the past few days. The Under Secretary General for Peacekeeping is scheduled to arrive in Freetown on Tuesday to boost diplomacy and provide much-needed morale support to the UN forces. Unfortunately, the Revolutionary United Front led by Mr. Foday Sankoh is holding 500 of the UN forces as hostages, making the situation more challenging.

Monday, 8 May, 2000

The Canadian government announces that it is seeking permission from...

The Canadian government announces that it is seeking permission from the World Trade Organization (WTO) to impose trade sanctions on Brazil in retaliation for a Brazilian subsidy program that has been deemed illegal by the WTO.The subsidy program is designed to support Brazilian exporters of aircraft, who are competing with Canadian aircraft manufacturers in the global market. The WTO has ruled that the subsidy program violates international trade rules, as it provides unfair advantages to Brazilian exporters and puts Canadian manufacturers at a disadvantage.

Tuesday, 9 May, 2000

India's population officially surpasses the one billion mark today. Although...

India's population officially surpasses the one billion mark today. Although government officials are searching for the most appropriate baby to commemorate the occasion, there are no plans for any grand celebrations. Instead, the citizens are being soberly reminded of the challenges posed by the billion-plus population.

Wednesday, 10 May, 2000

As the situation in Sierra Leone continues to worsen, the...

As the situation in Sierra Leone continues to worsen, the U.S. President, Mr. Bill Clinton, announces that he will send veteran civil rights leader Rev. Jesse Jackson to the country. The administration is determined to intensify international efforts to bring an end to the crisis. Mr. Clinton has also had a phone conversation with the United Nations Secretary-General, Mr. Kofi Annan, to discuss the matter.

Thursday, 11 May, 2000

China and Taiwan seeks U.S. intervention in diplomatic efforts to...

China and Taiwan seeks U.S. intervention in diplomatic efforts to resolve their longstanding dispute over the status of Taiwan. The Washington Post reported on this development, indicating a potential shift in the relationship between China, Taiwan, and the U.S.The status of Taiwan has been a contentious issue between China and Taiwan for many years, with China asserting that Taiwan is a part of its territory, while Taiwan maintains its independence. The involvement of the U.S. in diplomatic attempts to resolve the issue signaled the importance of the matter and the potential for a significant impact on regional stability.

Friday, 12 May, 2000

South Korea's state-run Korea Development Bank announces its plan to...

South Korea's state-run Korea Development Bank announces its plan to acquire a 25% stake in Daewoo Securities Co. The bank intends to invest approximately 500 billion won ($448.6 million) in the acquisition, which will make it the largest shareholder in Daewoo Securities Co.The move by Korea Development Bank signals a strategic investment aimed at bolstering its position in the financial industry and expanding its reach in the region. The acquisition of a stake in Daewoo Securities Co. would also provide the bank with access to a broader range of financial products and services, including investment banking, securities trading, and asset management.

Saturday, 13 May, 2000