Jimmy Carter: An Era of Diplomatic Triumphs and Domestic Challenges Former U.S. President Jimmy Carter passed away at the age of 100. Carter, who served as President from 1977 to 1981, had a presidency marked by significant diplomatic achievements and challenging domestic issues.One of Carter’s notable accomplishments was the Camp David Accords, which he brokered in 1978 between Israeli Prime Minister Menachem Begin and Egyptian President Anwar Sadat. This series of agreements led to a historic peace treaty between Israel and Egypt. Begin and Sadat received the Nobel Peace Prize for their efforts, with Carter also recognized with the Nobel Peace Prize in 2002 for his ongoing dedication to peaceful conflict resolution.Internationally, Carter played a vital role in normalizing U.S.-China relations, formally recognized in 1979 after complex negotiations. Domestically, his tenure was plagued by issues such as the 1979 Iran Hostage Crisis, energy crises leading to fuel shortages, and economic difficulties characterized by high inflation and recession concerns, which hindered his re-election campaign in 1980.
Read moreFinance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over three weeks. India Inc has submitted a set of recommendations, emphasising the need for simplified taxation, increased capital
IREDA Q3 Results: Indian Renewable Energy Development Agency (IREDA) on Thursday reported a 27% jump in its December quarter net profit at Rs 425.38 crore versus Rs 335.53 reported in the the year ago
Get latest articles and stories on Latest News at LatestLY. State-run Indian Overseas Bank on Thursday said it is selling non-performing assets of Rs 11,500 crore to asset reconstruction
Indian Overseas Bank Unveils Mega NPA Sale Indian Overseas Bank (IOB), a state-run lender, announced on Thursday its decision to sell a substantial amount of non-performing assets totaling Rs 11,500 crore. The move invites asset reconstruction
Lending in the last fortnight of 2024 outpaced deposit growth, with credit growing 11.16% year-on-year compared to deposits rising by 9.8%. Banks are facing challenges in raising deposits despite increased rates, due to competition from