National Politics

Tamil Nadu: Suspended BJP Leader Gayathri Raguramm Quits Party, Cites Lack Of Respect For Women

Gayathri Raguramm

Suspended BJP leader and former BJP Other State and Overseas Tamil Development wing president Gayathri Raguramm on Tuesday resigned from the party alleging the party of not ‘respecting’ women and providing ‘equal’ opportunity

Chennai (Tamil Nadu): Suspended BJP leader and former BJP Other State and Overseas Tamil Development wing president Gayathri Raguramm on Tuesday resigned from the party alleging the party of not ‘respecting’ women and providing ‘equal’ opportunity.

“I have taken the decision with a heavy heart to resign from TNBJP for not giving opportunity for an enquiry, equal rights & respect for women. Under Annamalai leadership women are not safe. I feel better to be trolled as an outsider,” she tweeted. BJP Tamil Nadu president K. Annamalai suspended Gayathri in November from all the positions she held in the party for a period of six months. He asked party functionaries and cadres not to be in touch with her for any party-related matters.
Gayathri was accused by the party president of continuously violating party discipline and bringing disrepute to the party.
Earlier, Annamalai said in his statement, “Gayathri Raguramm continuously has been involved in party unlawful activities. For this, she has been suspended from all designations of the party for six months. Party cadres are asked not to be in touch with Gayathri Raguramm.”
Gayathri posted a series of tweets on Tuesday after declaring her resignation from the party.

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“I strongly believe in Hindu Dharma in my heart and conscience. I don’t need to search for it in a political party, I rather go to a temple in search of God and Dharma. God is everywhere. God is with me. “Justice delayed is justice denied”, she said in one of the tweets.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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International

IMF: Recession To Hit A Third Of The World In 2023

ANI

International Monetary Fund said that the world would face a challenging year as the three major world economies are experiencing a slowdown United States, China and Europe

Washington: International Monetary Fund chief Kristalina Georgieva, in an interview with CBS on Sunday morning, said that the world would face a challenging year as the three major world economies are experiencing a slowdown, the United States, China and Europe, reported CNN.

“We expect one-third of the world economy to be in recession,” she said, adding that even for countries that are not in recession: “It would feel like recession for hundreds of millions of people.” Georgieva warned that 2023 is going to be tougher on the global economy than the one left behind. “Why? Because the three big economies, US, EU, China, are all slowing down simultaneously,” she said.

The reasons for a global recession have been enumerated, like the COVID-19 pandemic, the geopolitical contests among great powers, the Ukraine war, and the rise in interest rates in response to higher inflation.
Speaking about US and Europe, she said that Washington may end up avoiding a recession, the situation looks more bleak in Europe, which has been hit hard by the war in Ukraine, she said.

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“Half of the European Union will be in recession,” Georgieva added. As per IMF projections, the global growth is at 2.7 per cent this year, slowing from 3.2 per cent in 2022.
The deceleration in China will have a dire impact globally. The world’s second largest economy weakened dramatically in 2022 because of its rigid zero-Covid policy, which left China out of sync with the rest of the world, disrupting supply chains and damaging the flow of trade and investment, reported CNN.

Chinese leader Xi Jinping said this weekend that he expected China’s economy to have expanded by at least 4.4 per cent last year, a figure much stronger than many economists had predicted but much lower than the 8.4 per cent growth rate seen in 2021.
The IMF chief said that China’s growth in 2022 is likely to be at or below global growth.
“For the first time in 40 years China’s growth in 2022 is likely to be at or below global growth. Before Covid, China would deliver 34, 35, 40 per cent of global growth. It is not doing it anymore,” Georgieva said, adding that it is “quite a stressful” period for Asian economies.

Beijing abandoned Covid restrictions in early December, and while its reopening may provide some much-needed relief to the global economy, the recovery will be erratic and painful, CNN reported.
“When I talk to Asian leaders, all of them start with this question, ‘What is going to happen with China? Is China going to return to a higher level of growth?’ she said.
China’s haphazard reopening has unleashed a wave of Covid cases that have overwhelmed the healthcare system, dampening consumption and production in the process.

The next couple of months will “be tough for China, and the impact on Chinese growth would be negative,” Georgieva said, adding that she expects the country to move gradually to a “higher level of economic performance, and finish the year better off than it is going to start the year.”

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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