SANTA CLARA (Diya TV) — The United Nations is telling its staff and partner agencies to avoid flying on all Pakistani airlines as the country continues to deal with a fake pilot license scandal. The warning means UN staff in Pakistan will be unable to fly internationally or domestically with these airlines, creating a travel nightmare.
The National Football League’s San Francisco 49ers is increasing its stake in soccer club Leeds United to 37 percent. And Indian American Paraag Marathe has been tapped to become Vice Chairman of the English Premier League team. Marathe will lead day to day operations and be more involved in the decision making process. The executive is still the 49ers Vice President of Football Operations, essentially the right hand man to owner Jed York.
As more foreign companies turn their backs on the United States, China and India are taking advantage. Direct investment in the US by overseas companies plummeted 49 percent last year according to a recent study. China’s grew by four percent to $163 billion. In India, foreign direct investment skyrocketed 13 percent last year to $57 billion. Policies allowing more foreign companies like Ikea and Uniqlo to open stores and increasing the country’s manufacturing base are some of the reasons for this growth.
Ravi Kapur contributed to this report.