World

EU vows 'strong response' to Iran missile transfer to Russia

Sep 11, 2024

Moscow [Russia], September 11: The transfer of Iranian ballistic missiles to Russia represents a further military escalation and will be met with a "strong response" from the European Union, EU foreign affairs spokesperson Peter Stano said on Tuesday.
Stano said the EU's diplomatic service, at the request of foreign policy chief Josep Borrell, had already presented EU members with "a substantial set of decisive and targeted measures" against Iran in response to the transfer.
Any such measures would have to be agreed by all of the EU's 27 members to take effect, Stano added.
He said the transfer contravened the U.N. Charter, international law and international humanitarian law.
Source: Fijian Broadcasting Cooperation

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Synergy Steels Celebrates India's Affordable Housing Surge, Paving the Way for Stainless Steel Demand

New Delhi [India], December 27: Synergy Steels, one of India's leading stainless-steel manufacturers, commends the remarkable growth forecast in the real estate and infrastructure development sectors. According to the joint report by The Confederation of Indian Industry (CII) and Knight Frank, India's urban centers are projected to require 22.2 million housing units, with 95.2% focused on the affordable housing segment. This demand is driven by urbanization and increasing employment possibilities. This helps promote a favorable environment for stainless steel to expand its base from the core areas of application into emerging ancillary areas such as construction and infrastructure development. These industries remain pivotal in driving demand for stainless steel, reinforcing its role in India's growth trajectory.

Dec 27, 2024