Rishi Sunak, son-in-law of NR Narayana Murthy, is UK's new Chancellor of Exchequer, Priti Patel stays as Home Secy
Indian-origin Conservative Party leader Rishi Sunak was appointed UK's new Chancellor of the Exchequer as incumbent Sajid Javid quit over differences with Prime Minister Boris Johnson in a cabinet reshuffle on Thursday following Brexit.
 
Sunak, 39, who is married to Akshata, the daughter of Infosys co-founder N.R. Narayana Murthy, was Chief Secretary to the Treasury since July 2019. 
 
His appointment comes merely four weeks before the Budget is due to be presented, the BBC reported.
 
Those out in the reshuffle are Northern Ireland Secretary Julian Smith, Business Secretary Andrea Leadsom, Housing Minister Esther McVey and Environment Secretary Theresa Villiers while Attorney General Geoffrey Cox has been asked to resign, it said.
 
However, Home Secretary Priti Patel, Foreign Secretary Dominic Raab retain their posts, while International Development Secretary Alok Sharma has been appointed Business Secretary and Minister for the upcoming climate conference COP26, in Glasgow.
 
An analyst with Goldman Sachs before joining politics in 2014, Sunak, whose grandparents were from Punjab and emigrated to the UK from east Africa, is MP from Richmond (Yorkshire). He was Parliamentary Under-Secretary of State for Local Government in the Theresa May government.
 
Pakistani-descent Javid, who became the first Asian to become a Cabinet Minister when he was made Secretary of State of culture, Media and Sports in the David Cameron government in 2014 after stints as Economic Secretary to the Treasury (2012-13) and Financial Secretary (2013-14), was earlier the Home Secretary in the the Theresa May government.
 
He had then cleared absconding businessman Vijay Mallya's extradition to India in February last year following the decision by the Westminister Magistrates Court in December 2018. 
 
Javid, who ran for Conservative Party leadership after May quit but lost to Boris Johnson, was made Chancellor by the later. In the reshuffle on Thursday, he was offered to retain the post if he fired all his advisors but declined, the BBC reported.
 
"The Prime Minister said he had to fire all his special advisers and replace them with Number 10 special advisers to make it one team.
 
"The Chancellor said no self-respecting minister would accept those terms," it quoted a source close to Javid as saying.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
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    COMMENTS

    deepak.narain

    6 months ago

    It is a matter of pride that Indians are flying in the foreign land. God bless them for greater progress. May some Indian one day be the British PM.

    China coronavirus toll reaches 908, Over 40,170 infected
    The death toll due to the novel coronavirus in China on Monday increased to 908, with 40,171 confirmed cases, the country's National Health Commission said.
     
    Until midnight, 6,484 severe cases had been recorded while 3,281 people, who had recovered from the illness, had been discharged, Efe news reported citing the Commission as saying.
     
    As of now, 399,487 patients in close contact with the infected have been traced, out of which 187,518 are under observation, according to the Chinese agency.
     
    Among those under observation, 23,589 were suspected of having contracted the virus.
     
    The latest figures indicate an increase of 97 deaths over the previous day - when 632 people were also discharged - and 3,062 new infections.
     
    Of the 97 deaths, 91 were recorded in Hubei province, whose capital is Wuhan - the epicentre of the outbreak -, and which has been under de facto quarantine since January 23.
     
    It total, 2,618 of the 3,062 new coronavirus cases have been detected in Hubei.
     
    Until now, all deaths but one - which occurred in the Philippines - have been in China, which accounts for about 99 per cent of those infected, although about 20 countries have confirmed cases.
     
    The virus has already claimed more lives than the Severe Acute Respiratory Syndrome (SARS) in 2003.
     
    Despite both the novel coronavirus and SARS originating in China, the geographical distribution of deaths is radically different.
     
    SARS emerged in the southern Guangzhou province, while the coronavirus appears to have originated from a seafood market in the central-eastern city of Wuhan.
     
    With SARS, 349 people died in mainland China, 299 in Hong Kong, 43 in Canada, 37 in Taiwan and 33 in Singapore, to mention only the most affected places, according to the figures from WHO.
     
    Coronavirus has spread to at least 27 other countries and territories.
     
    Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
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    COMMENTS

    Nahom

    6 months ago

    Meanwhile inside Cruise Ship "Viral (sorry Diamond) Express" 66 more persons declared infected. Virus seems to be airborne. Hopefully should not infect nearby land based residents in Yokohama.
    Chinese Billionaire in US who is tracking the Wuhan though low orbiting satellites says the Sulphur dioxide images indicates continuous cremation in the 15 sites in Wuhan.

    Hope this subsides soon. India should be on highest alert.

    Corona Virus, China & Shortage of Masks, Medicos
    While the world is worried about containing the novel coronavirus (2019-nCoV) outbreak, the situation in China, where it was first detected, remains grim to say least. The Chinese New Year holiday has been extended by another 10 days. No school, office, restaurant, mall, vegetable market or live animal market is open in many parts of China. Wuhan, which is the epicentre of corona virus, remains under a lockdown with deserted roads, and hospitals wearing a quarantined look. There is a serious shortage of masks in all of China as well as a shortage of medical professionals in Wuhan area.   
     
    Photos and videos shared by local people on Twitter reveal the grim situation. A tweet by Ray Lau (@fiteray) shows very few people are out on roads in Wuhan's busiest Jianghan Street.
     
     
    Ray Lau has also shared photos of hospitals and medical professionals who are fighting the war against corona virus in Wuhan city. One photo shows women medicos going for a haircut before putting up on their protective gear for duty.
     
     
    Another person, Anton (@iamneilstrong), shared photos sourced from a Colombian friend studying at Qingdao University which shows closed roads to and from Wuhan in the Hubei province. 
     
     
    Here is what noted film director Shekhar Kapur has shared about supermarket in Hong Kong.
     
     
    At the same time, many medical professional have come forward to treat patients in Wuhan. 
     
     
    However, the shortage of qualified medicos has led to massive exhaustion among medical professionals who are already in hospitals. Most of them are staying at the hospital itself for two reasons—to avoid exposing their family members to the virus because of the shortage of man power in hospitals. 
     
    Photos shared by Ray Lau tells the story...
     
     
    Even super markets in Shanghai wear a deserted and empty look.
     
     
    As I mentioned earlier, there is a huge shortage of masks in entire China. The country has a population of about 1.3 billion and everyone wants a mask. Since most masks are made of paper, they need daily replacement. Heavier-duty respirators like the N95 masks are used by health care workers. But those too are in short supply. 
     
    There is a video uploaded by CGTN on YouTube that shows a civilian leaving a box of about 500 masks one the counter of a police station in east China’s Anhui Province and running away without a word. Two policemen chase him just to give him a salute in appreciation for his humanitarian gesture. 
     
     
    Chinese health authorities had said the death toll due to the novel coronavirus outbreak in the country has increased to 132, with 5,974 confirmed cases in 31 provincial-level regions.
     
    According to a report from South China Morning Post, there were 1,771 new infections in mainland China on Tuesday—the biggest one-day jump since the outbreak started in December.
     
    Quoting, Zhong Nanshan, a respiratory expert and head of a national panel set up to deal with the crisis, the report says that the outbreak might peak in the next week or 10 days and that the fatality rate was expected to fall.
     
    Li Xingwang, chief specialist at Beijing Ditan Hospital’s infectious diseases unit, told the newspaper that existing data suggested that patients with mild cases needed about a week to recover, while those with more serious symptoms required two weeks or longer.
     
    Separately, a report by the University of Southampton's WorldPop team has found Bangkok is currently the city most at risk from a global spread of the virus -- based on the number of air travellers predicted to arrive there from the worst affected cities in mainland China.
     
    Hong Kong is second on the list, followed by Taipei (Taiwan) and China. Sydney (12), New York (16) and London (19) are among the 30 other major international cities ranked in the research. India is at the 23rd place. 
     
    According to the report published in WorldPop, within China, the cities of Beijing, Guangzhou, Shanghai and Chongqing are all identified as high-risk by the researchers, along with the Chinese provinces of Guangdong, Zhejiang, Sichuan and Henan.
     
    The situation, although quite grim in China, also gives some hope for patients of corona virus. On 28th January, an 87-year old lady, who was infected with the novel coronavirus, was cured and released from a hospital in Wuhan.
     
     
    After the outbreak of coronavirus, the Chinese government has extended New Year holiday for 10 more days. The municipal corporation in Shanghai released an advisory, which says, the city establishments would remain closed till 9 February 2020. All education institutions, including schools, colleges and universities would remain closed till 17 February 2020 and would be opened only after determining scientific assessment based on relevant epidemic prevention and control situation, the release shared by a person from Shanghai states.
     
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