Alibaba new Chairman, Modi’s visit to US and expectations, Titanic tour
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Alibaba names Joseph Tsai as chairman : Alibaba announced restructuring in six ways to create growth from logistics and cloud computing .Alibaba has lost it’s market share and struggling to grow in the post- covid era. In the mean time Eddie Wu, the present chairman of Alibaba’s Tmall online commerce division will become CEO of the company .Alibaba posted single digit revenue growth for the third consecutive quarter.
Modi’s visit to US; Leadership at UN need re-evaluation: Indian role and contribution to peacekeeping mission and it’s economic prowess ,the world should be asked the want for India in the key institutions
Current membership in institution like
United nations security council (UNSE ) India has a huge population and is in a bright spot in global economics. These institution have failed to deal with problems like terrorism , proxy wars and expansionism which has let to emergence of smaller regional groupings. India and US has unprecedented trust and defence cooperation .
what is expected during PM Modi’s visit to US PM: During the visit to US Modi is expected to sign multi billion dollar deal for manufacturing jet engines in India to power light combat aircraft and the purchase of predator drones . These drones can be used for surveillance over the Indian Ocean and India- China border in Himalayas . There is already tension in the China India border. The war between Russia and Ukraine may also come in the discussion. On the issue of Ukraine war India stated it’s on the side of peace .
Titanic tour sub : Five people went missing when they were on a trip to view the wreckage of the Titanic .
Massive such operation is on to find five people on the board. The vessel last contact one hour 45 minutes into it’s dive , the US coast guard said . One British adventurer , a french diver and a pakistani father and son were present in the vessel .Titanic wrack is located 370 miles (600) kilometer off the coast of newfoundland , Canada .
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