INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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NORTH KOREA MOBILISES MILITARY FOR FLOOD RESCUE. (PHOTOS).

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North Korea mobilises military for flood rescue



Natural disasters have a greater impact on the isolated and impoverished North Korea due to its weak infrastructure.  North Korea has deployed military helicopters to bring thousands of people stranded in a flood-hit zone to safety..


The Korean Central News Agency (KCNA) reported on Monday that leader Kim Jong Un “personally guided” a military rescue – comprising 10 helicopters and naval lifeboats – shaking the hands of the pilots “one by one”..


However, Kim also reprimanded officials for their failure to prepare and respond to the recent torrential rains despite previous orders to enhance the country’s measures against natural disasters, the state media outlet said..

Last week, North Korea conducted a crisis response meeting to discuss strategies to mitigate the impact of natural disasters on agriculture..

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