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Brazil is voting today to elect its new President
It’s the second round of votes after the first round failed to throw up a clear winner between outgoing President Jair Bolsonaro and Lula da Silva. Opinion Poll predicts a slight but narrowing edge for Lula da Silva.
Over 151 people killed in a stampede in South Korea, national mourning declared
South Korea has declared a period of national mourning after a stampede in a Halloween event crush-killed 151 people on the 29th of October. Many injured are still struggling for their lives and the death toll is very likely to increase in the coming hours. The unfortunate accident took place in a congested nightlife area in Seoul. The crowd was celebrating the first public Halloween in the country in 3 years as the Covid-restrictions on public gatherings were recently lifted by the government.
The disaster is among the country’s deadliest since a 2014 ferry sinking that killed 304 people, mainly high school students.
Most of the victims are partygoing teenagers and adults – mostly women in their 20s.
India to start free trade agreement (FTA) talks with the Gulf Cooperation Council next month
If signed, the FTA agreement will massively increase our exports to these countries helping the economy and job generation in the country. To those unaware, FTA offers duty concessions on products and services we sell to/buy from that area. Currently, our bilateral trade value stands at 4.73 billion. Gulf Cooperation Council, GCC is a multilateral organization of six gulf countries namely Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain. India has already signed, and implemented, a free trade agreement with the UAE in May.
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