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Tunisia, Libya to begin air travel bubble November 15

14 Nov 2020; MEMO: Tunisia and Libya will start an air travel bubble November 15, an official statement said Friday, Anadolu Agency reports.

Flights will resume after being halted for eight months because of the novel coronavirus, Tunisia's Ministry of Transport and Logistics said in a statement.

They will be arranged within the framework of measures to prevent the spread of the COVID-19 pandemic in accordance with a health protocol agreement reached Wednesday between the two countries.

Turkey, Cuba sign maritime cooperation agreement

14 Nov 2020; MEMO: Turkey and Cuba have signed an agreement to bolster cooperation and reduce bureaucracy in the maritime field, Turkish authorities revealed on Friday.

The agreement was signed by Selim Dursun, the Turkish deputy transport and infrastructure minister, and Luis Alberto Amoros Nunez, the Cuban ambassador to Ankara.

Israel, Greece, Cyprus agree on reinforcing military cooperation

14 Nov 2020; MEMO: Israel, Greece and Greek Cyprus agreed on Thursday to reinforce military cooperation amongst one another, Israeli media and news agencies reported.

Defence ministers from the three countries confirmed that the agreement would keep their armed forces better prepared, as well as creating more jobs for their citizens and improving security in the region.

Iran's air taxis to become operational by early 2021

10 Nov 2020; MEMO: Iran is to introduce air taxis which will become operational by early next year according to the head of Iran Aviation Industries Organisation. The taxi fleet has already obtained an operational flight permit with the first routes already devised including a separation of air taxi lines from commercial flights.

India: Gold imports dip 47 pc in Apr-Oct to USD 9.28 bn

New Delhi, Nov 15 (PTI) Gold imports, which have a bearing on the current account deficit, declined 47.42 per cent to USD 9.28 billion during April-October due to fall in demand in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry.

Imports of the yellow metal stood at USD 17.64 billion in the corresponding period of 2019-20.

The imports, however, recorded a growth of about 36 per cent in October.

Silver imports during the period too dipped 64.65 per cent to USD 742 million.

Indian drug firms recall various products in US market, per USFDA enforcement

New Delhi, Nov 15 (PTI) Indian drug firms like Marksans Pharma, Aurobindo Pharma, Zydus and Jubilant are recalling products in the US market, as per the latest enforcement report by the US Food and Drug Administration (USFDA).

While Marksans Pharma is recalling diabetes drug, Zydus Pharmaceuticals (USA) is recalling drug which is used to reduce stomach acid.

India: Hindu Samvat Muhurat trading: Sensex, Nifty jump to lifetime highs

Mumbai, Nov 14 (PTI) Market benchmark BSE Sensex rallied 381 points to a fresh lifetime high in the opening trade of the special Muhurat session on Saturday to mark the beginning of Hindu Samvat year 2077.

The 30-share index was trading higher by 380.76 points, or 0.88 per cent, at 43,823.76 in the first few minutes of trade.

Similarly, the broader NSE Nifty surged 117.85 points or 0.93 per cent to its new record of 12,808.65.

All BSE sectoral indices were in the green, led by telecom, capital goods, industrials and finance.

India: 'jail-made' footwear to hit market soon in Kerala

Thiruvananthapuram, Nov 15 (PTI) 'Jail-made' hawai chappal will soon be available in your next-door shop or marketin Kerala as a central prison here has started manufacturingthe rubber slippers now.

After dishing out a variety of products, including delicious but cost-effective food items, and successfully venturing into organic farming and beauty parlour business to running a petrol pump, the inmates of the Poojappura Central Prison here are now making footwear.

ASEAN, China, other partners set world’s biggest trade pact

China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.

The Regional Comprehensive Economic Partnership, or RCEP, was signed virtually on Sunday on the sidelines of the annual summit of the 10-nation Association of Southeast Asian Nations.

USA: GM recalling nearly 69K Bolt electric cars due to fire risk

Detroit, Nov 13 (AP-PTI) General Motors is recalling nearly 69,000 Chevrolet Bolt electric cars worldwide because the batteries have caught fire in five of them.

The company says it doesn't know yet what's causing the fires, but engineers are working around the clock to figure it out. Two people have suffered smoke inhalation due to the blazes.

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