US hikes H1B application fee by $10 as part of revised selection process

This non-refundable fee will support the new electronic registration system to make the H-1B cap selection process more efficient for both petitioners and the federal agency

Current Affairs:The United States has declared the expansion of H-1B work visa application expense by USD 10 as a component of its reconsidered choice procedure.

This non-refundable charge will bolster the new electronic enlistment framework to make the H-1B top choice procedure increasingly effective for the two candidates and the government office, said the US Citizenship and Immigration Services (USCIS) on Thursday.

“This exertion will help execute a progressively proficient and viable H-1B top determination process,” said USCIS Acting Director Ken Cuccinelli.

“The electronic enlistment framework is a piece of an office wide activity to modernize our movement framework while stopping misrepresentation, improving checking systems and reinforcing program respectability,” he said.

The H-1B program enables organizations in the United States to briefly utilize remote laborers in occupations that require the use of an assemblage of exceptionally particular information and a four year certification or higher in the particular forte, or its comparable.

Endless supply of the electronic enrollment framework, solicitors looking to document H-1B top subject petitions, including those qualified for the propelled degree exclusion, will initially need to electronically enlist with the USCIS during an assigned enlistment period, except if the prerequisite is suspended, the USCIS said.

The government organization is scheduled to execute the enlistment procedure for the financial year 2021 H-1B top determination process, pending finished testing of the framework.

It will declare the execution time span and introductory enrollment period in the government register once a proper choice has been made, and the USCIS will offer plentiful notice to people in general ahead of time of actualizing the enlistment necessity.

The USCIS distributed a notice of proposed rulemaking featuring an enlistment charge on September 4, 2019, which incorporated a 30-day open remark period.

The USCIS got just 22 remarks during that time, and has considered all entries and offered open reactions in front of reporting the last rule, which is compelling on December 9.

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Donald Trump escalates trade war with new tariffs on Chinese imports

The new tariff will be imposed beginning September 1, Trump said in a tweet

Current Affairs:-President Donald Trump said he would force a 10% duty on $300 billion in Chinese imports that aren’t yet expose to US obligations after misfortunes in exchange dealings among Washington and Beijing.

The new duty will be forced starting September 1, he said in a tweet. Another $250 billion in Chinese products are as of now subject to a 25% US tax.

Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer came back from converses with Chinese partners in Shangai this week without revealing much advancement. Dealings have been at an impasse since May after the US said the Chinese reneged on arrangements of a provisional arrangement.

US stocks pared gains on the news, while yields on 10-year Treasuries tumbled to the most reduced since 2016.

Trump and Chinese President Xi Jinping met at the Group of 20 summit in Osaka, Japan in June in what the US said was a push to recover the discussions on track. In any case, Trump said that China neglected to satisfy a handshake concurrence with Xi to purchase more US rural items.

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US on defensive mode: Kashmir a ‘bilateral issue’, says State Department

Richard Verma, the US ambassador to India during the last years of the Obama administration, said Trump “did a lot of damage” with his remarks on Kashmir and Afghanistan, which were “way off the mark”

Current Affairs:-US President Donald Trump’s comments guaranteeing Prime Minister Narendra Modi had looked for his intercession in the Kashmir issue, activated sharp responses, including from the Congress, as the US State Department went into a harm control mode.

The State Department on Tuesday said it was a “reciprocal” issue among India and Pakistan, and the US “respected” the two nations “plunking down” for talks. It likewise said Pakistan taking “supported and irreversible” strides against fear based oppression was vital to a fruitful discourse with India.

“While Kashmir is a reciprocal issue for the two gatherings to talk about, the Trump organization invites Pakistan and India plunking down and the United States stands prepared to help,” a State Department representative advised PTI because of an inquiry if Trump’s comments mirror an adjustment in the nation’s approach on Kashmir.

Richard Verma, the US represetative to India during the most recent long periods of the Barack Obama organization, said Trump “completed a great deal of harm” with his comments on Kashmir and Afghanistan, which were “off track the imprint”.

In Washington, Pakistan Foreign Minister Shah Mahmood Qureshi said Trump and Imran Khan’s first up close and personal talks has diminished the trust shortage. On New Delhi’s response to Trump’s idea to intervene on Kashmir, Qureshi stated, “India has consistently responded thusly, they don’t need any kind of impedance on the Kashmir matter. They generally state that they need two-sided chats on Kashmir, at that point they never get together for these discussions. They don’t need intervention and they don’t need reciprocal talks.”

Qureshi said Pakistan accepted the main answer for the issue was through talks.

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IMF issues fresh warning, says trade war risks weighing on global economy

While the US trade war with China has cooled with a recent truce and renewed talks, the world’s second-largest economy has slowed amid President Donald Trump’s tariffs

Technology:-The International Monetary Fund (IMF) said more work is expected to further decrease worldwide exchange irregular characteristics in the midst of expanding pressures, while issuing a crisp cautioning that such clashes are burdening the worldwide economy.

“It is basic that all nations stay away from approaches that mutilate exchange,” the IMF said in its yearly External Sector Report discharged Wednesday in Washington. “Against a background of heightening exchange pressures, more prominent criticalness is required in handling diligent abundance uneven characters.”

The report comes as the Washington-based reserve defies a flood in protectionism around the globe that is seen delaying worldwide development, with yield moderating in significant economies from China to Europe and Mexico. IMF administration additionally is in transition with Managing Director Christine Lagarde set to succeed Mario Draghi as leader of the European Central Bank.

While the US exchange war with China has cooled with an ongoing détente and reestablished talks, the world’s second-biggest economy has moderated in the midst of President Donald Trump’s taxes. China’s administration said for the current week that the economy facilitated to the weakest pace since quarterly information started in 1992, featuring impacts of the progressing exchange debate with the US.

“With delayed exchange vulnerability, it’s burdening business feeling wherever on the planet, which at that point has suggestions for worldwide interest,” IMF Chief Economist Gita Gopinath said at a question and answer session Wednesday. “We welcome the exchange ceasefire between the US and China that came around the finish of June at the G-20 gatherings, and we would trust that the world would keep on working helpfully to not trigger these exchange strains and additionally to address the issues with the multilateral exchanging framework.”

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