Modi says India is on a war footing
India's Prime Minister Narendra Modi has sounded the alarm about the crisis of the coronet as the number of deaths in a single day topped 4,000.Modi said the Indian government was on a "war footing" as the highly contagious strain of the virus swept through the country, according to The Wall Street Journal. The total number of COVID-19 cases in the country has exceeded 25 million as of Tuesday.
2. South Korean shipbuilding industry orders surge back to prosperity
Recently, foreign media pointed out that since the second half of last year, the global new ship orders have increased significantly. South Korean shipping companies have seized the opportunity to undertake a large number of orders. According to the statistics of the Ministry of Industry and Commerce of Korea, the order volume of South Korean shipping companies in the first quarter of this year is 5.32 million CGT, with a year-on-year growth of 868%. The total value of new orders was $11.9 billion, up 753% year on year.
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3. Biden rescinded multiple executive orders signed by President Trump
The White House has rescinded a number of executive orders issued during the Trump administration, including one that restricted the entry of uninsured immigrants into the United States, along with some revisions. In addition to the executive orders related to immigration restrictions, the rescindals were in addition to six other executive orders issued during the Trump administration, according to a White House statement.
4. Myanmar approves nearly $2.8 billion in new projects
Myanmar's government has approved new projects worth nearly US $2.8 billion, including a US $2.5 billion liquefied natural gas (LNG) power plant, foreign media reported. In addition to power plants to meet local demand, other approved projects include animal husbandry, manufacturing and service industries, the statement said.
5. Italy Approves National Economic Recovery Plan
Recently, according to foreign media reports, Italy's Senate and Senate voted to approve the national recovery plan presented by Prime Minister Draghi.The total budget of the recovery plan is 222.1 billion euros, of which 191.5 billion euros will come from the EU recovery fund. A draft of the plan has been submitted to the European Commission and Italy is expected to receive its first tranche of funds in July.