Suez blockage sets shipping rates racing, oil and gas tankers diverted away.

Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, and several vessels were diverted away from the vital waterway as a giant container ship remained wedged between both banks. The 400-metres long Ever Given has …

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Suez Canal blockage: Crews still working to refloat container ship.

Tugboats and dredgers were working to free a giant container ship blocking Egypt’s Suez Canal for a fourth day, forcing companies to re-route services from the vital shipping lane around Africa. The MV. EVER GIVEN, which is longer than four football fields, has been wedged d…

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100 million more children fail basic reading skills because of Current Global Pandemic.

A new study released on Friday 26 March 2021 by the UN cultural agency, reveals that more than 100 million more children than expected, are falling behind the minimum proficiency level in reading, due to current pandemic related school closures.   According to the study from…

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US Senate confirms Indian-American Doctor Vivek Murthy as US Surgeon General.

Indian-American physician Vivek Murthy has been verified by the Senate as President Joe Biden’s surgeon general, a position in which his top preference would be reacting to the current situation that has harshly hit the country. Dr Murthy, 43, would seize the position of Am…

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World's first ship tunnel to be built under Norwegian mountains.

Norway has got the go-ahead to construct what's being billed as the world's first ship tunnel, designed to help vessels navigate the treacherous Stadhavet Sea. First announced a few years ago by the Norwegian Coastal Administration, this mile-long, 118-feet-wide tunn…

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Renowned Polish Poet Adam Zagajewski passes away.

Renowned Polish poet Adam Zagajewski has passed away. He was a leading figure in Poland’s New Wave or Generation ’68, a literary movement of the late 1960s that called for a simple language to relate directly to reality.  Zagajewski’s “Try to Praise the Mutilated World,” was…

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Bangladesh celebrates 50 years of independence on 26 March 2021.

Bangladesh celebrates 50 years of its Independence and National Day on 26 March, coinciding with the grand celebration of the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. On March 26, 1971, Bangladesh was proclaimed as an independent nation by …

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Bangladesh Independence Day - 26 March.

The Independence Day of Bangladesh, also referred to as 26 March, is a national holiday. It commemorates the country's declaration of independence from Pakistan in the late hours of 25 March 1971 by the "Father of the Nation" Bongobondhu Sheikh Mujibur Rahman …

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International Intellectual Property Index - 2021

The U.S. Chamber of Commerce Global Innovation Policy Center (GIPC) released its ninth annual International IP Index, “Recovery Through Ingenuity,” highlighting the extraordinary role of intellectual property (IP) rights in delivering pandemic-ending solutions. The new repo…

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Hambantota International Port ready to launch fertilizer transshipment business.

Russian billionaire Andrey Igorevich Melnichenko, who met PM Mahinda Rajapaksa, visited the Hambantota International Port (HIP) during his visit to Sri Lanka last week. During discussions with the port’s top officials, he had shown keen interest in the potential to develop …

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Government seeks assistance of an international consulting firm to attract Foreign Direct Investments.

While foreign direct investment has been a decisive driving force in economic development, the drive of attracting foreign direct investment has weakened in the recent years over the failure to identify strategies that can directly target potential investors. Sri Lanka and i…

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Rachel Levine Makes History as the 1st Openly Transgender Federal Official Confirmed by the US Senate.

The US Senate voted to confirm Dr. Rachel Levine as assistant secretary for health in the Department of Health and Human Services. The vote is a history-making one: Levine is the first openly transgender federal official to be confirmed by the Senate. The vote was 52-48 in f…

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UN Secretary-General António Guterres welcomes Saudi peace initiative to end fighting in Yemen.

The UN Secretary-General on Tuesday 23 March 2021 welcomed the announcement by Saudi Arabia of steps aimed at helping end the fighting and restart the political process in Yemen. In a statement issued by his Spokesperson, António Guterres said that he welcomed all steps prop…

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Sri Lanka’s most influential business leaders gather to offer their words of wisdom at “The Entrepreneur Unites” exclusive event.

The Entrepreneur Unites, a unique event organized by The Entrepreneur Media, brought four of Sri Lanka’s most influential business leaders on to one stage to help the country’s up-and-coming entrepreneurs build their entrepreneur mindset. Held at the Taj Samudra, Colombo, th…

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Sri Lanka signs 3-year $1.5B currency swap deal with China.

Sri Lanka will exchange currency with China under a 10 billion yuan (about $1.5 billion) agreement aimed at promoting trade and investment between the two countries, the island nation’s central bank said Monday 22 March 2021. So-called currency swaps allow central banks to e…

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Election Commission decides not to register political parties named after religions or ethnicities.

The Election Commission has decided not to register political parties whose official names portray affiliations to religions or ethnicities. The decision was taken at a meeting of the Elections Commission yesterday (March 23), Elections Commissioner-General Saman Sri Ratnaya…

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Russia Puts 38 Foreign Satellites into the Orbit.

Russian space agency ‘Roscosmos’ successfully launched 38 foreign satellites into orbit, onboard Soyuz-2.1a carrier rocket from the Baikonur cosmodrome in Kazakhstan. The 38 satellites belonged to 18 countries including South Korea, Japan, Canada, Saudi Arabia, Germany, Ita…

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World's biggest coal company shifted to solar power.

The world’s largest coal mining firm is to "aggressively" pursue solar energy and continue to close smaller mines. Coal India Limited (CIL) plans to invest in a 3,000 megawatt solar energy project in a joint venture with state-run NLC India. The company also wants t…

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British artist's giant painting raises £45m for children's charities.

The world's largest painting, which was created by British artist Sacha Jafri, has been sold for £45m to raise funds for children's charities. Jafri spent eight months painting the 1,600 sq m (17,000 sq ft) artwork in a deserted hotel's ballroom in Dubai. He plann…

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Actor George Segal dies at aged 87.

George Segal, the US actor who was Oscar-nominated for his performance in Who's Afraid of Virginia Woolf?, has died at the age of 87. The New Yorker starred alongside Elizabeth Taylor and Richard Burton in the 1966 film adaptation of Edward Albee's play. He went on to…

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Tesla cars can be bought in Bitcoin.

Tesla customers can now buy their car with Bitcoin, company chief Elon Musk has said. Mr Musk, a well known Bitcoin enthusiast, made the unexpected announcement in a tweet. But Bitcoin's value rapidly moves up and down - meaning the cryptocurrency price of the car could c…

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Egypt's Suez Canal blocked by huge container ship.

A giant container ship the length of four football pitches has become wedged across Egypt's Suez Canal, blocking one of the world's busiest trade routes. Dozens of vessels are stuck, waiting for rescue boats to free the 400m-long (1,312ft) ship, which was knocked off…

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International Day of Solidarity with Detained and Missing Staff Members - 25 March.

Every year on March 25th, the International Day of Solidarity with Detained and Missing Staff Members commemorates the anniversary of the abduction of Alec Collett. He was kidnapped by armed gunman in 1985. Collett, a former British journalist, was kidnapped at gunpoint whi…

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International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade - 25 March.

Each year on March 25th, the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is set aside to honor and remember those who suffered and died at the hands of slavery. The day also raises awareness about the dangers of racism and pr…

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China has world's strongest military power.

China has the strongest military force in the world while India stands at number four, according to a study released recently by the defence website Military Direct. The USA, despite their enormous military budgets, comes in 2nd place with 74 points, followed by Russia with …

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Turkey withdraws from Istanbul convention

Turkish President Recep Tayyip Erdogan has withdrawn his country from an international treaty to protect women through a presidential decree issued in the early hours of Saturday 20 March 2021. The move has sent shockwaves through a country that has been reeling from high-pr…

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Lee Zii Jia and Nozomi Okuhara bag singles titles at All England Open.

Malaysian shuttler Lee Zii Jia defeated defending champion Viktor Axelsen to win the men’s singles crown at the All England Open on Sunday 21 March 2021 while Japan’s Nozomi Okuhara won the women’s title for a second time. Sixth seed Lee took control in the third game to bea…

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Gandhi Peace Prize 2020 for Sheikh Mujibur Rahman and 2019 for Late Sultan of Oman.

The Gandhi Peace Prize for the year 2020 is being conferred on Bangabandhu Sheikh Mujibur Rahman. Rahman was the first President of Bangladesh and he is known as the "Father of the Nation".  The prestigious prize for the year 2019 is being conferred on late Oman Su…

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International Day for Achievers - 24 March.

International Day for Achievers is celebrated to pay tribute to achievers in any field for their outstanding achievements or achievement. These achievers can be Scientist, Doctor, Conservationist, Teacher, Social Worker etc. who have used their imagination and vision to eas…

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International Day for the Right to the Truth concerning Human Rights Violations and for the Dignity of Victims - 24 March.

Every year on March 24th, the International Day for the Right to the Truth concerning Human Rights Violations and for the Dignity of Victims pays tribute to the memory of Monsignor Óscar Arnulfo Romero. Monsignor Romero was an Archbishop who was actively engaged in denounci…

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