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Iran Says U.S. Sanctions “More Dangerous” to International Security Than COVID-19

TEHRAN, Mar 8 (NNN-IRNA) – The secretary of Iran’s Supreme National Security Council, on Saturday, said, “The U.S. sanctions are more dangerous to international security than COVID-19,” Tasnim news agency reported.

Ali Shamkhani questioned the sincerity of the United States, in its offer to help the Islamic republic to contain the novel coronavirus, urging the United States to firstly lift its sanctions against Iran.

Last week, U.S. Secretary of State, Mike Pompeo, said, his country had offered Iran assistance in the fight against the coronavirus.

Egyptair Suspends Flights To Kuwait Over COVID-19 Concerns

CAIRO, Mar 8 (NNN-MENA) – EgyptAir, the flag carrier of Egypt, announced, it will suspend flights to Kuwait until further notice.

In a statement, EgyptAir said that, the decision came after Kuwait decided to suspend all flights with seven countries, including Egypt, for one week, as part of the precautions against the spread of the COVID-19.

EgyptAir also requested its customers, who wish to review and change their reservations to visit the company’s offices, or arrange the issue with their tourism agents or through EgypAir’s website.

India: SBI to pick up 49 pc stake in Yes Bank

New Delhi, Mar 6 (PTI) State Bank of India will pick up 49 per cent stake in the crisis-ridden Yes Bank under a government-approved bailout plan, with Finance Minister Nirmala Sitharaman assuring that depositors' money is safe.

A day after imposing moratorium on Yes Bank and restricting withdrawals, the RBI on Friday evening issued a draft reconstruction scheme for the private sector lender and said SBI has "expressed its willingness" to make an investment.

Kuwait lifts restrictions on Indian passengers

Mumbai, Mar 6 (PTI) The Civil Aviation Authority of Kuwait has lifted an order requiring medical certificates for Indians travelling to the country, according to a release.

The authority had made the requirement for nationals from 10 countries, including India, in the wake of the coronavirus outbreak.

In a release on Friday, Jazeera Airways said Kuwait has rolled back travel restrictions for Indian passengers.

India: PM Modi to travel to Bangladesh on March 17

New Delhi, Mar 6 (PTI) Prime Minister Narendra Modi is expected to travel to Dhaka on March 17 in the midst of rising concerns in Bangladesh over India's new citizenship law and the proposed NRC.

Modi is visiting Dhaka at the invitation of his Bangladeshi counterpart Sheikh Hasina to attend the centenary celebrations of Bangladesh founder Sheikh Mujibur Rahman.

Japan To Double Farm Exports To 19 Billion USD By 2025

TOKYO, Mar 7 (NNN-NHK) – Japan is planning to, at least, double its farm exports to two trillion yen (19 billion U.S. dollars) by 2025, the government said.

Following from its 2025 target, the country is then hoping to see its agriculture, fishery and forestry exports balloon to five trillion yen by 2030, the government said.

The government is planning to boost its farm exports to underpin its agricultural industries, that have suffered from a decline in domestic demand, which is inextricably linked to the nation’s shrinking population.

S.Korea’s COVID-19 Cases Rise To 6,767, Death Toll At 44

SEOUL, Mar 7 (NNN-YONHAP) – South Korea confirmed 483 more cases of the COVID-19 on Saturday (today), raising the total number of infections to 6,767.

As of midnight local time, the number of infected patients totaled 6,767, up 483 from 24 hours ago. One more death was reported, lifting the death toll to 44.

Korea Centres for Disease Control and Prevention (KCDC) updates the data twice a day at 10:00 a.m. and 5:00 p.m. local time.

India: Karnataka CM defends proposed hike in taxes on fuel

Bengaluru, Mar 5 (PTI) Karnataka Chief Minister B S Yediyurappa on Thursday defended the proposed hike of three per cent in taxes on petrol and diesel, saying it was "necessary."

In the budget tabled, the chief minister has mooted three per cent hike in petrol and diesel from the existing 32 per cent and 21 per cent respectively.

India: Security tightened at Yes Bank branches, ATMs in Mumbai

Mumbai, Mar 6 (PTI) Security at Yes Bank headquarters, its branches and ATMs across Mumbai was tightened to avert any untoward incident, as hundreds of account holders of the crisis-hit private lender rushed to withdraw money, an official said on Friday.

The RBI on Thursday imposed a moratorium on the capital-starved Yes Bank, capping withdrawals at Rs 50,000 per account.

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