Darpan News Desk The Canadian Press, 02 Mar, 2022 11:45 AM
WASHINGTON, D.C. — Seven simple words from Joe Biden's state of the union speech have some in Canada breathing a little bit more easily this morning.
The U.S. president renewed his call for tax credits to lower the cost of electric vehicles, but made no mention of preferring American-made cars and trucks.
That is encouraging to some in the Canadian auto sector, considering the strident Buy American sentiment in other parts of Tuesday's hour-long speech.
Biden originally proposed a suite of incentives that prioritized EVs assembled in the U.S. with union labour — a plan that would kneecap Canadian automakers.
The federal government in Ottawa has been pressing the U.S. ever since to drop that condition, or provide an exemption for Canadian-made vehicles.
Still, no one is quite ready to exhale, insisting that they need to know more about the president's plan to know for sure if Canada is out of the woods.
An Indian-origin former currency trader was convicted here for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the global foreign currency exchange market (FX)
He is being deported from Armenia and will be arrested by the state police upon his arrival at the international airport in Delhi, Punjab DGP Dinkar Gupta said on Friday
Britain’s Opposition Labour Party has launched its manifesto for the December 12 General Election with a pledge to institute an audit into the country’s colonial past, which would include an apology to India for the Jallianwala Bagh massacre in Amritsar 100 years ago.
In a press statement, the US Defence Security Cooperation Agency (DSCA) said that the government has approved military sale to India of up to 13 MK-45 5 inch/62 calibre naval guns.
