October 10, 2023
IMF presents World Economic Outlook October 2023
Photo: IMF Chief Economist Pierre-Olivier Gourinchas delivers the World Economic Outlook on October 10, 2023. Image provided by & copyright © IMF.
Washington, DC, October 10, 2023 — The International Monetary Fund (IMF) has predicted that global growth will slow to 3% this year and 2.9% in 2024, according to Pierre-Olivier Gourinchas, head of the Fund’s Research Department. In the upcoming World Economic Outlook (WEO) report, the IMF’s Chief Economist said that the slowdown in growth will result from the widening divergence between economies. While the US and large emerging markets are expected to experience substantial growth, China and the Euro-area have received downward revisions. The report also found that headline inflation will decrease from 6.8% this year to 5.7% next year, while core inflation (excluding energy and food prices) will decline, though less significantly.
The quarterly WEO report shows that fears of a widespread recession among the world’s leading economies are receding. The report attributes the divergence between countries to three forces:
- The demand for services, which was strong and supporting service-oriented economies, is softening.
- Countries’ exposure to the energy shock variants (more exposed economies like the Euro-area had a sharper slowdown and experienced more substantial inflation)
- Countries’ differing positions in their tightening cycle
The University of California at Berkeley professor Gourinchas explained that while some advanced economies’ central banks are yet to reach their peak, others, such as Brazil or Chile, have already started to ease. The report warns that while risks are more balanced than last April, they remain tilted to the downside. It points to China’s main risk as growth slows down due to stress in the real estate sector. The report also cautions that commodity prices could become more volatile amid climate and geopolitical shocks and that financial markets could re-price if more significant inflation persists.
The report advises central banks looking to maintain growth and tackle inflation:
- It emphasizes the importance of price stability and calibrating monetary policy for country-specific recovery speeds and disinflation.
- It suggests that in most countries, fiscal policy needs to rebuild buffers by phasing out untargeted subsidies while protecting the vulnerable. It will also aid the fight against inflation
- Governments should focus on reforms that reduce structural impediments to growth, such as increasing labor supply
It will help countries grow faster, facilitate debt reduction, and lower inflation pressures.
Finally, the report highlights the need for multilateral efforts to address global challenges such as climate risks, food and energy security, trade tensions, and geoeconomic fragmentation. The report calls for a robust global financial safety net with a well-resourced IMF.
Source: IMF
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:10 PM | View the original post
October 9, 2023
Harvard University's Claudia Goldin gets the Nobel Prize in Economics for advancing the Understanding of Women's Labour Market Outcomes.
Photo: Nobel Prize in Economics 2023 winner Claudia Goldin of Harvard University. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.
Stockholm, October 09, 2023 — The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 to Claudia Goldin, Harvard University, USA, “for having advanced our understanding of women’s labor market outcomes.” She uncovered vital drivers of gender differences in the labor market.
Goldin’s comprehensive account of women’s earnings and labor market participation over the centuries revealed the causes of change and the sources of the remaining gender gap. Her research showed that female participation in the labor market did not have an upward trend over this period but formed a U-shaped curve.
The involvement of married women decreased with the transition from an agricultural to an industrial society in the early nineteenth century. Still, it then started to increase with the growth of the service sector in the early twentieth century.
Goldin’s explanation of this pattern as the result of structural change and evolving social norms regarding women’s responsibilities for home and family is an essential contribution to the field. Women are still underrepresented in the global labor market, and when they work, they earn less than men. Goldin’s research, which collected over 200 years of data from the US, demonstrates how and why gender differences in earnings and employment rates have changed over time.
During the twentieth century, women’s education levels continuously increased, and in most high-income countries, they are now substantially higher than men’s.
Despite modernization, economic growth, and rising proportions of employed women in the twentieth century, the earnings gap between women and men hardly closed for an extended period.
Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, remarked, “Understanding women’s role in the labor is important for society. Thanks to Claudia Goldin’s groundbreaking research, we know more about the underlying factors and which barriers may need to be addressed.”
Source: Nobel Prize Outreach
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Edited & Posted by the Editor | 2:05 PM | View the original post
October 6, 2023
The Norwegian Nobel Committee has decided to award the Nobel Peace Prize 2023 to Narges Mohammadi for her fight against the oppression of women in Iran and her struggle to promote human rights and freedom for all.
Photo: Nobel Peace Prize 2023 winner Narges Mohammadi. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.
Oslo, October 6, 2023 — The Norwegian Nobel Committee has announced that it has awarded the Nobel Peace Prize 2023 to Narges Mohammadi for her unwavering fight against the oppression of women in Iran and her dedication to promoting human rights and freedom for all. Despite the personal costs she has had to bear, including being arrested 13 times, convicted five times, and sentenced to 31 years in prison along with 154 lashes, Ms. Mohammadi remains steadfast in her struggle.
According to the committee, Narges Mohammadi is a remarkable woman fighting for human rights and freedom in Iran. By awarding her the Nobel Peace Prize this year, the committee aims to recognize her courageous efforts to promote human rights, liberty, and democracy in Iran. The award also acknowledges the hundreds of thousands of people who have protested against the regime’s discriminatory policies and oppression of women in the preceding year. The committee believes that embracing equal rights for all is essential in achieving the fraternity between nations that Alfred Nobel aimed to promote.
The Nobel Peace Prize has traditionally been awarded to individuals who have worked towards social justice, human rights, and democracy. These are essential factors for lasting peace.
Source: Nobel Prize Outreach
|GlobalGiants.Com|
Edited & Posted by the Editor | 9:19 AM | View the original post
October 5, 2023
The Swedish Academy has awarded the Nobel Prize in Literature for 2023 to the Norwegian author Jon Fosse.
Photo: Nobel Prize in Literature 2023 winner Jon Fosse. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.
Stockholm, October 5, 2023 — The Swedish Academy has announced that it has awarded the Nobel Prize in Literature 2023 to the Norwegian writer Jon Fosse. Fosse has been honored with the prestigious award “for his innovative plays and prose which give voice to the unsayable.”
Fosse has written extensive work in Norwegian Nynorsk, spanning various genres, including plays, novels, poetry collections, essays, children’s books, and translations. He is one of the most widely performed playwrights globally and is increasingly recognized for his prose writing.
Source: Nobel Prize Outreach
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Edited & Posted by the Editor | 11:52 AM | View the original post
October 4, 2023
The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry 2023 to Moungi G. Bawendi, Louis E. Brus, and Alexei I. Ekimov “for the discovery and synthesis of quantum dots.”
Photo: Nobel Prize in Chemistry 2023 joint winners Moungi G. Bawendi, Louis E. Brus, and Alexei I. Ekimov. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.
Stockholm, October 4, 2023 — The Royal Swedish Academy of Sciences has decided to award the Nobel Prize in Chemistry 2023 to Moungi G. Bawendi, Massachusetts Institute of Technology (MIT), Cambridge, MA, USA; Louis E. Brus, Columbia University, New York, NY, USA; and Alexei I. Ekimov, Nanocrystals Technology Inc., New York, NY, USA “for the discovery and synthesis of quantum dots.”
The Nobel Prize in Chemistry 2023 rewards the discovery and development of quantum dots, nanoparticles so tiny that their size determines their properties. These minor nanotechnology components now spread their light from televisions and LED lamps and can also guide surgeons when they remove tumor tissue, among many other things.
Everyone who studies chemistry learns that an element’s properties are governed by how many electrons it has. However, when matter shrinks to nano-dimensions, quantum phenomena arise; the size of the matter regulates these. The Nobel Laureates in Chemistry 2023 have succeeded in producing particles so small that quantum phenomena determine their properties. The particles, called quantum dots, are now crucial in nanotechnology.
“Quantum dots have many fascinating and unusual properties. Importantly, they have different colors depending on their size,” says Johan Åqvist, Chair of the Nobel Committee for Chemistry.
Quantum dots now illuminate computer monitors and television screens based on QLED technology. They also add nuance to the light of some LED lamps, and biochemists and doctors use them to map biological tissue.
Quantum dots are thus bringing the most significant benefit to humankind. Researchers believe that in the future, they could contribute to flexible electronics, tiny sensors, thinner solar cells, and encrypted quantum communication. So, we have just started exploring the potential of these tiny particles.
Source: Nobel Prize Outreach
|GlobalGiants.Com|
Edited & Posted by the Editor | 11:56 AM | View the original post
G20 Leaders look forward to Paris 2024 “as a symbol of peace” and “with the participation of all.”
New Delhi, October 3, 2023 — The Heads of State and Heads of Government of the G20, who met in New Delhi, India, declared their strong support for the Olympic Games Paris 2024. India currently holds the G20 Presidency with Prime Minister Narendra Modi.
The G20 New Delhi Leaders’ Declaration said: “We reiterate our commitment to the G20 as the premier forum for global economic cooperation and its continued operation in the spirit of multilateralism, based on consensus, with all members participating on an equal footing in all its events including Summits.”
It continued: “We also look forward to the Paris Olympic and Paralympic Games in 2024 as a symbol of peace, dialogue amongst nations, and inclusivity, with participation of all.”
IOC (International Olympic Committee) President Thomas Bach welcomed the statement. He said in Lausanne: “We would like to thank very warmly the G20 Leaders, who include the African Union for the first time, for their invaluable support. The IOC will continue to work with full commitment to achieve these goals, which are also our goals.”
The Group of Twenty (G20) comprises 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom and the United States), the African Union (AU) and the European Union (EU). The G20 members represent around 85 percent of the global GDP, over 75 percent of international trade, and about two-thirds of the world’s population.
Source: IOC (International Olympic Committee)
|GlobalGiants.Com|
Edited & Posted by the Editor | 4:36 AM | View the original post
October 3, 2023
The Royal Swedish Academy of Sciences has awarded the 2023 Nobel Prize in Physics to Pierre Agostini (USA), Ferenc Krausz (Germany), and Anne L'Huillier (Sweden) for generating attosecond pulses of light to study electron dynamics in matter.
Photo: Nobel Prize in Physics 2023 joint winners Pierre Agostini (USA), Ferenc Krausz (Germany), and Anne L’Huillier (Sweden). Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.
Stockholm, October 3, 2023 — The Royal Swedish Academy of Sciences has announced the winners of the Nobel Prize in Physics 2023. This year’s laureates are Pierre Agostini (USA), Ferenc Krausz (Germany), and Anne L’Huillier (Sweden). The Royal Swedish Academy of Sciences has recognized them for their groundbreaking work on experimental methods that generate attosecond pulses of light to study electron dynamics in matter.
Their experiments have provided humanity with new tools for exploring the world of electrons inside atoms and molecules. The laureates’ method of creating extremely short pulses of light has enabled us to measure the rapid processes in which electrons move or change energy. It is a significant breakthrough as these changes occur in a few tenths of an attosecond.
With the help of these attosecond pulses of light, the laureates have provided images of processes inside atoms and molecules that were previously impossible to obtain. Their work has given us a better understanding of the world of electrons and their rapid movements.
We congratulate Pierre Agostini, Ferenc Krausz, and Anne L’Huillier on their remarkable achievement and thank them for advancing our understanding of the universe.
Source: Nobel Prize Outreach
|GlobalGiants.Com|
Edited & Posted by the Editor | 8:55 AM | View the original post
October 2, 2023
The Nobel Assembly at the Karolinska Institutet has awarded the 2023 Nobel Prize in Physiology or Medicine jointly to Katalin Karikó and Drew Weissman for their work on enabling the development of effective mRNA Vaccines against COVID-19.
Photo: Nobel Prize in Physiology or Medicine 2023 joint winners Katalin Karikó and Drew Weissman. Image provided by & credit Niklas Elmehed © Nobel Prize Outreach.
Stockholm, October 2, 2023 — The Nobel Assembly at the Karolinska Institutet has announced that Katalin Karikó and Drew Weissman will receive the 2023 Nobel Prize in Physiology or Medicine for their remarkable discoveries related to nucleoside base modifications. These discoveries have enabled the development of highly effective mRNA vaccines against COVID-19, which have been instrumental in combating the pandemic.
Thanks to the groundbreaking research of the two Nobel laureates, the world has made tremendous strides in understanding how mRNA interacts with our immune system, which paved the way for the swift development of vaccines during one of the most challenging times in modern history. This recognition is well-deserved, and the world is keen to see the continued impact of the two Nobel laureates’ work on the healthcare industry.
Source: Nobel Prize Outreach
|GlobalGiants.Com|
Edited & Posted by the Editor | 11:27 AM | View the original post
September 29, 2023
FILA and VR46 celebrate a remarkable victory in India for Marco Bezzecchi
Photos: FILA and VR46 celebrate a remarkable victory in India for Marco Bezzecchi. Images provided by & copyright © FILA.
FILA and VR46 have achieved a remarkable victory in the 13th round of the MotoGP World Championship, held in India. The Mooney VR46 Racing Team secured a win in the inaugural edition of the Indian Grand Prix, held at the Buddh International Circuit, with Marco Bezzecchi taking the podium’s top step.
FILA has been a leading player in the MotoGP world since the early 2000s. For the past two years, the Biella, Italy-based company has partnered with the VR46 Riders Academy, founded by Valentino Rossi, to help nurture talented riders as they rise to the pinnacle of MotoGP.
This partnership has been highly successful, as evidenced by the remarkable achievements of FILA-sponsored riders Marco Bezzecchi and Luca Marini in 2022, especially Bezzecchi, who won the ‘Rookie of the Year’ award by a wide margin.
For the Mooney VR46 Racing Team, this marks their third victory this season. Bezzecchi’s success has significantly reduced the gap in the overall championship standings, with only a 44-point difference from the leader, Francesco Bagnaia, and a 31-point gap from Jorge Martín.
The Indian GP weekend was not without its challenges, as a collision between the two Tavullia team riders during the Sprint Race resulted in Luca Marini’s fall and Marco Bezzecchi’s dropping to the rear positions. However, Bezzecchi regained fifth place during the Sprint Race, securing a spot in the second row for Sunday’s primary race. In the main race, Bezzecchi took an early lead in the first lap and held onto it until the end, delivering a stellar performance.
The Mooney VR46 Racing Team and FILA will now continue their commitment with the next round of the championship, scheduled to take place in Motegi, Japan, on the weekend of September 30th and October 1st.
Fila, a leading sportswear brand, was established in Biella, Italy, in 1911. The company produces high-quality sporting and lifestyle shoes and apparel, combining Italian design with modern performance wear.
Source: FILA
|GlobalGiants.Com|
Edited & Posted by the Editor | 2:05 AM | View the original post
September 28, 2023
India retains 40th rank in the Global Innovation Index 2023., while Switzerland, Sweden, and the U.S. lead the Global Innovation Ranking.
• India retains 40th rank in the Global Innovation Index 2023.
New Delhi, September 28, 2023 — India maintained its 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization (WIPO). This rank is the outcome of India’s immense knowledge capital, vibrant start-up ecosystem, and remarkable work by research organizations.
NITI Aayog has worked to optimize policy-led innovation in various areas, monitored and evaluated India’s position in the global rankings, and expanded the innovation ecosystem in states and districts.
The Global Innovation Index is a reliable tool for governments to assess innovation-led social and economic changes. The virtual launch of the Global Innovation Index 2023 will be hosted by NITI Aayog, in partnership with the CII and WIPO, on September 29, 2023.
Source: NITI Aayog
|GlobalGiants.Com|
• Switzerland, Sweden, and the U.S. lead the Global Innovation Ranking.
Geneva, Switzerland, September 28, 2023 — According to the Global Innovation Index (GII) released by WIPO, Switzerland, Sweden, and the United States lead the world’s most innovative economies in 2023.
The report tracks global innovation trends in more than 130 economies using 80 indicators, providing policymakers and business leaders with guidance on stimulating human ingenuity.
The GII top 30 features only one middle-income economy - China, ranking 12th, while Israel (14th) is back among the top 15. The ranking also highlights a group of middle-income economies that have emerged as the fastest climbers over the past decade, including Indonesia (61st), Türkiye (39th), India (40th), Viet Nam (46th), the Philippines (56th), and the Islamic Republic of Iran (62nd).
The report identifies an increasingly uncertain outlook for venture capital (VC) that helps transform human ingenuity into new products and services. Last year, the global value of VC funding marked a significant plunge.
The annual ranking reveals that focusing on the innovation ecosystem can make a difference and that emerging economies consistently climb the GII ranks.
The report urges policymakers worldwide to leverage the rich and trusted source of data and information provided by GII to craft pro-innovation policies that unleash the innovative potential of their people.
Source: WIPO
|GlobalGiants.Com|
— The editor is a WIPO Academy alumnus.
Edited & Posted by the Editor | 7:47 AM | View the original post
September 26, 2023
Prime Minister Modi addresses G20 University Connect Finale.
Photo: Prime Minister Modi addressing at the inauguration of the G20 University Connect Finale at Bharat Mandapam, in Pragati Maidan, New Delhi on September 26, 2023.
Photos: Gathering at the inauguration of the G20 University Connect Finale at Bharat Mandapam in Pragati Maidan, New Delhi, on September 26, 2023. Prime Minister Modi addressed the meeting.
New Delhi, September 26, 2023 — The final G20 University Connect program event occurred at Bharat Mandapam in New Delhi, where Prime Minister Narendra Modi gave a speech. G20 University Connect aimed to promote an understanding of India’s G20 Presidency among young people and encourage participation in various G20 events.
The Prime Minister also released four publications:
- “The Grand Success of G20 Bharat Presidency: Visionary Leadership, Inclusive Approach”
- “India’s G20 Presidency: Vasudhaiva Kutumbakam”
- “Compendium of G20 University Connect Programme”
- “Showcasing Indian Culture at G20”
In his speech, the Prime Minister highlighted India’s growing international profile and the new opportunities, friends, and markets it had brought. He emphasized the importance of positivity, openness, and ambition in achieving progress and urged young people to aim high and seize every opportunity.
The Prime Minister praised youth participation in the G20 University Connect program, which engaged over 1 lakh university students across India. He noted that India’s people think big and deliver even grander.
The Prime Minister emphasized the success of the Chandrayaan mission, which had received global recognition and put India on the map. He also highlighted the government’s ability to bring all member nations to a common ground in a globally polarized atmosphere, noting that the unanimous New Delhi Declaration had received worldwide attention.
The Prime Minister acknowledged that the entire world is looking towards India with hope, recognizing the potential of India and its youth. He emphasized that the progress of India and its youth is vital for the world’s progress. Finally, he spoke about India’s approach to the G20 summit, which was transformed from a mere diplomatic event to a people-driven national movement showcasing India’s rich cultural heritage.
The G20 University Connect initiative aims to educate India’s youth about India’s G20 Presidency and encourage their involvement in G20 events. Over 100,000 students from universities across the country participated in the program, initially planned to commemorate India’s 75 years of independence with 75 universities but later included 101 universities.
The G20 University Connect initiative hosted several programs nationwide, with extensive participation from higher education institutions. The program initially targeted universities, but it eventually grew to include schools and colleges, reaching an even wider audience.
Approximately 3,000 students, faculty members, and Vice-Chancellors from participating universities in and around New Delhi attended the G20 University Connect Finale, while students from across India joined the event live.
Source: Ministry of Education, Government of India
|GlobalGiants.Com|
Edited & Posted by the Editor | 11:52 AM | View the original post
September 25, 2023
Prime Minister Narendra Modi to address G20 University Connect Finale Programme on September 26
Photo: G20 flags at the Bharat Mandapam, New Delhi.
New Delhi, September 25, 2023 — Prime Minister Narendra Modi will speak at the G20 University Connect Finale program on September 26, 2023, at Bharat Mandapam in New Delhi, starting at 4 PM.
The G20 University Connect initiative aims to educate India’s youth about India’s G20 Presidency and encourage their involvement in G20 events. Over 100,000 students from universities across the country participated in the program, initially planned to commemorate India’s 75 years of independence with 75 universities but later included 101 universities.
The G20 University Connect initiative hosted several programs nationwide, with extensive participation from higher education institutions. The program initially targeted universities, but it eventually grew to include schools and colleges, reaching an even wider audience.
Approximately 3,000 students, faculty members, and vice chancellors from participating universities in and around New Delhi will attend the G20 University Connect Finale. Additionally, students from across India will join the event live.
Sources: Prime Minister’s Office, UGC
|GlobalGiants.Com|
Edited & Posted by the Editor | 12:39 PM | View the original post
September 24, 2023
Marco Bezzecchi of Mooney VR46 Racing Team wins the IndianOil Grand Prix of India
Photo: Pedro Acosta at Indian MotoGP, World Championship, September 23, 2023, Buddh International Circuit, Noida, Uttar Pradesh, India. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
Photo: David Alonso at Indian MotoGP, World Championship, September 23, 2023, Buddh International Circuit, Noida, Uttar Pradesh, India. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
Photo: Ayumu Sasaki at Indian MotoGP, World Championship, September 24, 2023, Buddh International Circuit, Noida, Uttar Pradesh, India. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
Photo: Jorge Martin at Indian MotoGP, World Championship, September 24, 2023, Buddh International Circuit, Noida, Uttar Pradesh, India. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
Photo: Alex Marquez at Indian MotoGP, World Championship, September 24, 2023, Buddh International Circuit, Noida, Uttar Pradesh, India. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
New Delhi, September 24, 2023 — Marco Bezzecchi of Mooney VR46 Racing Team put in a dominant performance and won the IndianOil Grand Prix of India at Buddh International Circuit, Noida, Uttar Pradesh, by a convincing 8.649 seconds. Jorge Martin of Primac Pramac Racing finished second after a fierce battle with Francesco Bagnaia of Ducati Lenovo Team and Fabio Quartararo of Monster Energy Yamaha MotoGP™. Martin’s second-place finish helped him reduce the Championship lead to only 13 points. Quartararo managed to finish third after a fantastic last-lap scrap.
Bezzecchi fell behind Martin and Bagnaia at the start. Bagnaia moved on Martin, who couldn’t resist the pressure and dropped to fourth. Bezzecchi took advantage of the situation and overtook Martin to move into second place. Bezzecchi then began to pull away, setting the fastest lap times and putting pressure on Bagnaia.
Bezzecchi was one second ahead of the pack, and Bagnaia was trying to defend himself from Martin, who was pushing hard to take second place. Martin moved with 17 laps to go, and Bagnaia tried to fight back. Unfortunately, Bagnaia went down with eight laps to go, which dealt a massive blow to his title hopes.
Quartararo was lurking in fourth place and moved up to third after Bagnaia’s crash. Bezzecchi continued to dominate the race and won by a comfortable margin. Martin struggled in the closing stages but managed to hold off Quartararo to finish second. Brad Binder of Red Bull KTM Factory Racing finished fourth after an epic battle with Joan Mir of the Repsol Honda Team.
The race was a disaster for the reigning World Champion, Francesco Bagnaia, as he lost a podium and 20 crucial Championship points to his major title rivals. The Championship battle has been turned on its head once again, and MotoGP™ now turns its attention to the Mobility Resort Motegi in Japan for the Motul Grand Prix of Japan from September 29 to October 1.
Source: MotoGP
|GlobalGiants.Com|
The race winning trophy presented by the Honourable Chief Minister of Uttar Pradesh, @myogiadityanath! 🏆#IndianGP 🇮🇳 pic.twitter.com/7Ufi1JzevC
— MotoGP™🏁 (@MotoGP) September 24, 2023
Bez makes history in India with a dominant victory! 🥇
— MotoGP™🏁 (@MotoGP) September 24, 2023
Hats off! 👏#IndianGP 🇮🇳 pic.twitter.com/cpi10BeAZt
🚦 LIGHTS OUT IN INDIA! 🚦
— MotoGP™🏁 (@MotoGP) September 24, 2023
Again it's @88jorgemartin that gets the holeshot! 🔥#IndianGP 🇮🇳 pic.twitter.com/UvW0dZvFdy
🚦 IT'S GO FOR #Moto3! 🚦@jaume_masia gets a great launch! He leads! 🚀#IndianGP 🇮🇳 pic.twitter.com/4R3om1EIUL
— MotoGP™🏁 (@MotoGP) September 24, 2023
Edited & Posted by the Editor | 1:57 PM | View the original post
September 23, 2023
Bagnaia goes through into tomorrow's Q2 qualifying with seventh-quickest time in free practice for the GP of India.
— UPDATE September 23, 2023 —
Indian GP: Bagnaia settles for the runner-up slot behind Martin in the Sprint. Pirro 14th.
Photo: Francesco Bagnaia at the Buddh International Circuit, Noida, India. September 23, 2023. Image provided by & copyright © Ducati.
New Delhi, September 23, 2023 — Francesco Bagnaia finished second in the Saturday Sprint race at the Buddh International Circuit, behind fellow Ducati rider Jorge Martin. The race occurred on a mostly dry track after a complicated day with torrential rainfall. Bagnaia now leads Martin by 33 points. Michele Pirro finished 14th. Ducati Lenovo Team riders will warm up on Sunday before the Grand Prix of India, which has been reduced to 21 laps from 24 due to heat concerns.
Photo: Michele Pirro was placed 22nd in the practice race at Noida, India. September 22, 2023. Image provided by & copyright © Ducati.
New Delhi, September 22, 2023 — Francesco Bagnaia ended the first day of free practice for the GP of India at the Buddh International Circuit in seventh place, securing a spot in tomorrow’s Q2 qualifying session with a best lap time of 1:45.280 on his Desmosedici GP23. The morning’s 70-minute session allowed the riders to get familiar with the new layout, and Bagnaia continued to search for the best set-up for his bike in the afternoon session, trying his time attack in the last ten minutes. On his second run with new tires, he placed himself half a second behind today’s fastest rider, Luca Marini (VR46 Racing Team).
Team-mate Michele Pirro, standing in for the injured Enea Bastianini, had a difficult first day and could only manage the 22nd. Bagnaia initially struggled with getting the bike to brake but solved the issue with a lot of work. With the used tire in the second practice, he placed himself in P4. While in the time attack, he could lap as fast as the leaders, but unfortunately, he only had one lap available. The track is beautiful but very technical, and the heat is problematic in some areas.
Bagnaia said, “It was a positive day. I’m happy; we’re close to the leaders and can work well tomorrow.” Pirro said, “It was a difficult day for me, and the heat didn’t help. We’ll look at the data this evening and try to work out where we are going wrong to improve for tomorrow.”
The Ducati Lenovo Team will be on track again at the Buddh circuit on Saturday morning for the second free practice session at 10:40 local time.
Source: DUCATI
|GlobalGiants.Com|
Like a boss 😎
— MotoGP™🏁 (@MotoGP) September 22, 2023
Just @PeccoBagnaia goon riding to wrap up Friday! 😂#IndianGP 🇮🇳 pic.twitter.com/FOzXP1Y0k8
Edited & Posted by the Editor | 6:57 PM | View the original post
New Levi's® Campaign celebrates Moments of Instincts featuring Deepika Padukone.
Photos: New Levi’s® Campaign ‘For Now, For A Lifetime’ celebrates Moments of Instincts featuring Deepika Padukone.
MUMBAI, India, September 22, 2023 — Levi’s® has launched a new campaign titled ‘For Now, For A Lifetime,’ which focuses on following our instincts. The campaign highlights how our decisions made on instinct can turn into memories that shape us and stay with us forever. The campaign features Deepika Padukone, who embodies the spirit of the movement by taking an impromptu adventure, which inspires other characters to follow their instincts.
The campaign showcases Levi’s® new offerings, including relaxed and baggy fits for men and women, overdyed and colored jeans, and a wide range of graphic tees. The Levi’s® brand continues to build on its product legacy and heritage while meeting fashion-conscious consumers with on-trend and relevant products.
Amisha Jain, Senior Vice President & Managing Director, South Asia-Middle East, Africa, and Non-EU markets (SAMEA), Levi Strauss & Co., said that the ‘For Now, For A Lifetime’ campaign celebrates what it truly means to live in Levi’s® and how their products are deeply weave into their consumers’ lives. The brand strives to enable its consumers to be their most authentic selves, from how they create their products to how they bring them to life for their consumers.
Levi Strauss & Co. is one of the world’s largest brand-name apparel companies and a global leader in jeans wear. The company designs and markets jeans, casual wear, and related accessories for men, women, and children under the Levi’s®, Dockers®, Signature by Levi Strauss & Co.™, Denizen®, and Beyond Yoga® brands. Its products sell in more than 110 countries worldwide through chain retailers, department stores, online sites, and a global footprint of approximately 3,200 brand-dedicated stores and shop-in-shops.
Source: Levi’s India
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:07 PM | View the original post
September 20, 2023
IndianOil will be the title sponsor for MotoGP Bharat, the inaugural Indian Grand Prix.
Photo: Pedro Acosta leads Moto2 race, San Marino MotoGP, September 10, 2023, Misano, Italy. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
Photo: Rico Salmela leads at the race start, Red Bull Rookies Cup race 2, San Marino MotoGP, September 10, 2023, Misano, Italy. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
Photo: Angel Piqueras leads Red Bull Rookies Cup, Race 2, San Marino MotoGP, September 10, 2023, Misano, Italy. Image provided by Photographer Credit & Copyright © Gold & Goose / Red Bull Content Pool.
New Delhi, September 19, 2023 — As the country opens to the world’s most exciting sport, MotoGP™, the first Indian Grand Prix will be named the ‘IndianOil Grand Prix of India.’
IndianOil is a diversified, integrated energy company with a presence across oil, gas, petrochemical, and alternative energy.
Besides being the ‘Energy of India,’ the Fortune 500 company has been catalyzing the vision of making India a sporting nation.
The IndianOil Grand Prix of India will feature 42 teams and 84 riders. The race will see some of the biggest names in Grand Prix motorcycle racing, such as Francesco Bagnaia, Marc Marquez, Marco Bezzecchi, Brad Binder, Jack Miller, Jorge Martin, and Fabio Quartararo, among others, in action.
Last week, the first batch of motorcycles, engines, tires, and safety barriers arrived in New Delhi via air freight. The organizers transported them to the Buddh International Circuit, Noida, Uttar Pradesh, under heavy police security. The remaining bikes and equipment will arrive in the next lot.
IndianOil Grand Prix of India will occur at Buddh International Circuit in Noida, Uttar Pradesh, from the 22nd to the 24th of September. The event will kick off with the Tissot Sprint on September 22 at 15:30 (GMT +5:30), followed by the Grand Prix race on September 24 at 15:30.
MotoGP Bharat, the event’s promoter, has expressed its excitement at having IndianOil as the title sponsor for MotoGP Bharat. Pushkar Nath Srivastava, founder and COO of Fairstreet Sports, said the association with one of India’s energy giants excites the event.
The race will be live-streamed on Jio Cinema and Sports18 in India, and tickets for the event are available on BookMyShow. Last month, Uttar Pradesh Chief Minister Yogi Aditynath unveiled the tickets for the event. The tickets cost Rs 800 to Rs 40,000. MotoGP Bharat will be the biggest motorsport event in India since the Formula 1 Indian Grand Prix.
Sources: MotoGP, MotoGP Bharat
|GlobalGiants.Com|
All set for the first-ever #IndianGP 🇮🇳! 🙌
— MotoGP™🏁 (@MotoGP) September 17, 2023
A historic weekend awaits at Buddh International Circuit! ✊#MotoGP pic.twitter.com/GZGDKmadlI
New country, new track, and new challenges await Michelin and the riders this weekend. Get ready for a thrilling #IndianGP ahead! See you there 🇮🇳🏁
— Michelin Motorsport (@Michelin_Sport) September 19, 2023
Get our raceguide here https://t.co/mPUOXUF544#MichelinMotoGP pic.twitter.com/mzbETlUTbo
What is the approach like with a new circuit? 🆕
— MotoGP™🏁 (@MotoGP) September 19, 2023
Let's delve into the three keys to mastering Buddh with @marcmarquez93! 🔎#IndianGP 🇮🇳 pic.twitter.com/cvcVyev8UA
Edited & Posted by the Editor | 6:19 AM | View the original post
September 19, 2023
Politicians Square Off Against the Press in Annual National Press Club Spelling Bee.
WASHINGTON, DC, September 18, 2023 — On September 20, 2023, the National Press Club in Washington, DC, will host the Press vs. Politicians Spelling Bee. This fun and friendly competition between lawmakers and reporters has been held since 1913 and is an excellent opportunity to bring people together through a friendly rivalry.
The competition will feature confirmed contestants from both sides. The politicians’ team includes Rep. Chris Pappas (D-NH), Rep. Don Beyer (D-VA), Rep. Suzanne Bonamici (D-OR), Rep. Ashley Hinson (R-IA), and Rep. Hillary Scholten (D-MI).
Meanwhile, the press team includes defending champion Amy Wang, National Political Reporter for The Washington Post; Catalina Camia, Deputy News Director at Bloomberg Industry Group; Mark Walker, Investigative Reporter at The New York Times; James Graff, Justice and Judiciary Editor at The Wall Street Journal, and Fawn Johnson, News Director at Bloomberg Industry Group.
Axios’ Eileen O’Reilly will host this year’s Bee, and Dr. Jacques Bailly, the Scripps National Spelling Bee’s official pronouncer, will officiate. 2023 Bee Champion Dev Shah will also join the event.
Both teams are eager to win this year’s Bee. Team Press has won four out of the last five competitions and wants to continue their winning streak. Meanwhile, the politicians are determined to win this year’s Bee and take home the trophy.
The Press vs. Politicians Spelling Bee has a rich history from 1913. It has become an annual Washington tradition since its reinstatement on its 100th anniversary in 2013. This event is a great way to build relationships between politicians and the media covering them and promote the importance of spelling and good communication.
Source: National Press Club
|GlobalGiants.Com|
— The Editor is a National Press Club Member.
Edited & Posted by the Editor | 10:08 AM | View the original post
September 18, 2023
UNESCO inscribes India's Santiniketan on UNESCO World Heritage List
Photo: Interiors of Upasana Mandir, Santiniketan. Image provided by & copyright © Abha Narain Lambah Associates / UNESCO.
Paris, France, September 17, 2023 — Santiniketan, a cultural site in Birbhum district, West Bengal, India, has been inscribed on the UNESCO World Heritage List. The site is well-known for the university town of Visva-Bharati, established over a century ago by poet Rabindranath Tagore.
The announcement was made on Sunday by UNESCO on ‘X,’ congratulating India on getting the UNESCO tag for Santiniketan. The country had been working towards securing this recognition for a long time.
The UNESCO World Heritage Committee included Santiniketan in the UNESCO World Heritage List during its 45th session in Saudi Arabia. The International Council on Monuments and Sites (ICOMOS) had made the recommendation. ICOMOS is an international non-governmental organization dedicated to conserving and enhancing heritage sites worldwide.
Rabindranath Tagore, a renowned poet and philosopher, founded Santiniketan in rural West Bengal in 1901. The institution’s primary goal was to promote the unity of humanity, transcending religious and cultural boundaries. In 1921, the institution became a “world university” named “Visva Bharati,” further solidifying its vision of creating a global community that values unity and diversity.
Visva-Bharati, located in Santiniketan, is one of the most prestigious universities in India, with degree courses in humanities, social science, science, fine arts, music, performing arts, education, agricultural science, and rural reconstruction. Visva-Bharati was declared a central university and an institution of national importance by an Act of Parliament in 1951. The Prime Minister of India is the University’s Chancellor.
Sources: UNESCO, Santiniketan
|GlobalGiants.Com|
🔴BREAKING!
— UNESCO 🏛️ #Education #Sciences #Culture 🇺🇳 (@UNESCO) September 17, 2023
New inscription on the @UNESCO #WorldHeritage List: Santiniketan, #India 🇮🇳. Congratulations! 👏👏
➡️ https://t.co/69Xvi4BtYv #45WHC pic.twitter.com/6RAVmNGXXq
• UPDATE September 18, 2023
Photo: Sacred Ensembles of the Hoysala’ in Karnataka, India, inscribed on the UNESCO World Heritage List. Image provided by & copyright © INTACH Bengaluru Chapter / UNESCO.
‘Sacred Ensembles of the Hoysala,’ the Hoysala temples of Belur, Halebid, and Somnathapura in Karnataka, India, have been inscribed on the UNESCO World Heritage List.
The world body announced in a post on X on Monday, a day after Santiniketan, the famed place in West Bengal where poet Rabindranath Tagore built Visva-Bharati over a century ago, received the coveted tag.
“Just inscribed on the @UNESCO #WorldHeritage List: Sacred Ensembles of the Hoysalas, #India. Congratulations!” UNESCO posted on X.
Source: UNESCO
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:20 PM | View the original post
September 11, 2023
G20 New Delhi Leaders' Declaration reaffirms World's Commitment to Equitable and Sustainable Education — Education Minister of India.
Photo: India’s Minister for Education, Skill Development and Entrepreneurship, Dharmendra Pradhan, releases the UGC (Institutions Deemed to be Universities) Regulations, 2023, at Shastri Bhawan, in New Delhi on June 02, 2023. [File Photo]
New Delhi, September 11, 2023 — The Education Minister of India, Dharmendra Pradhan, has stated that the New Delhi G20 Leaders’ Declaration provides a roadmap for an equitable and sustainable future through education. The declaration reflects the Education Working Group’s priorities on digital transformation, green transition, and women-led development. It highlights the importance of investing in human capital development, lifelong learning, and strengthening collaborations in research and innovation among higher education institutions.
Mr. Pradhan also said India is actively pursuing research collaborations with several countries. Joint initiatives, such as the MoUs between the Council of Indian Institutes of Technology (IIT) and the Association of American Universities (AAU), will establish the India-U.S. Global Challenges Institute to advance new science and technology frontiers.
Other emerging multi-institutional collaborative education partnerships include those between New York University and IIT Kanpur Advanced Research Center, the Joint Research Centers of the State University of New York at Buffalo and IIT Delhi, Kanpur, Jodhpur, and BHU, and IIT Bombay joining the Chicago Quantum Exchange.
India is exploring university-level collaborations with other countries like Australia, UAE, Taiwan, and the UK in critical areas.
The skill sector focuses on sanitizing transnational standards with member countries by creating an International Reference Classification of occupations based on skill and qualification requirements, leading to better cross-country comparability and mutual recognition of qualifications. This commitment includes mutually establishing well-managed, regular, and skills-based migration pathways benefiting origin and destination countries.
According to Mr. Pradhan, India’s G20 presidency has provided an acceleration and a platform for demonstrating long-term systemic policy vision. By fostering collaboration, knowledge sharing, and innovative approaches, India and its G20 partners have created impetus for further coordinated action on futuristic education and training systems.
Source: Ministry of Education, Government of India
|GlobalGiants.Com|
Edited & Posted by the Editor | 6:45 PM | View the original post
September 10, 2023
President of India hosts Gala Dinner for World Leaders attending the G20 Summit in New Delhi.
Photos: The President of India, Smt. Droupadi Murmu and Prime Minister Modi welcomed the World leaders for a gala dinner at Bharat Mandapam in Pragati Maidan, New Delhi, on September 09, 2023.
New Delhi, September 09, 2023 — India’s President, Smt. Droupadi Murmu hosted a Gala Dinner on September 9, 2023, for global leaders attending the G20 Summit, and it was a magnificent display of Indian warmth, hospitality, and cultural heritage. The event at Bharat Mandapam in Pragati Maidan, New Delhi, allowed guests from G20 nations, guest countries, and international organizations to experience India’s rich offerings. The Gala Dinner embodied India’s time-honored tradition of Atithi Devo Bhava, emphasizing the importance of treating guests as gods. Through this event, India hopes to promote international cooperation and understanding, leading to a brighter future for all.
Source: President’s Secretariat
|GlobalGiants.Com|
President Droupadi Murmu hosted the G20 gala dinner, with 170 special invitees including former PMs and chief ministers. Here's a glimpse the state dinner & cultural music. #G20WithIndiaToday #G20Summit #GalaDinner #Music #WorldLeaders pic.twitter.com/XeO3WOWXIa
— IndiaToday (@IndiaToday) September 10, 2023
Edited & Posted by the Editor | 11:39 AM | View the original post
