Delhi will discuss
subsidies issue with Washington
NEW DELHI, Mar 15: India will engage with the United States to discuss its concerns on India's export subsidies and respond within 60 days, the federal trade secretary said on Wednesday. The United States on Wednesday launched a challenge to Indian export subsidies at the World Trade Organization, saying they hurt U.S. companies by letting Indian exporters sell goods more cheaply. India provides exemptions from certain duties, taxes and fees that benefit numerous Indian exporters, including producers of steel products, chemicals, pharmaceuticals, textiles and information technology products, U.S. Trade Representative Robert Lighthizer said. — Reuters
Asian currencies soften as risk appetite wanes
LONDON, Mar 15: Most Asian currencies eased off recent highs on Thursday as rising concerns over U.S. economic policy dulled risk appetites, although a few regionals firmed against a weaker dollar. The Japanese yen, seen as a safe haven in troubled times, rose about 0.45 per cent on the dollar. The South Korean won and Thai baht fell to the dollar. Both currencies had led gains on Wednesday. South Korea's central bank chief said on Thursday his re-appointment to lead the Bank of Korea for a second four-year term would not mean an automatic acceleration of policy tightening.
— Reuters
Egypt sees promising
rebound in tourism
HURGHADA, Mar 15: Egypt is seeing a promising rebound in tourism following devastating jihadist attacks, in welcome news to the government of President Abdel Fattah al-Sisi as he seeks re-election this month. In the eastern Red Sea city of Hurghada, tourists lounge on sunbeds on the beach or play volleyball as boats carrying divers pass by. Among them is Bent Skovboe from Denmark, a 77-year-old who says he has visited Egypt more than 75 times. — AFP
Fresenius Medical Care dialysis
clinics get ACHS recognition
SYDNEY, Mar 15: The Australian Council on Healthcare Standards (ACHS), Australia's leading independent authority on healthcare, has recognised the high standard of care that Fresenius Medical Care provides to patients by awarding accreditation to the company's network of 16 dialysis clinics, with clinics achieving the highest possible rating 'Met with Merit' in five important areas. Full accreditation against the ten National Safety and Quality in Healthcare Standards as well as the five EQuIPNational Standards was awarded by ACHS in December 2017. In 2015, Fresenius Medical Care was the first healthcare organisation in Australia to achieve nationwide accreditation under the EQuIPNational Day Procedure Centres programme. The 2017 accreditation, which will continue until 2020, demonstrates the company's culture of continuous quality improvement and the consistently high standard of care that all patients can expect.
— Media OutReach release