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The Rs 1.5 Crore Dinner PM Narendra Modi Will Host For CEOs At Davos

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WORLD ECONOMIC FORUM

[vc_row][vc_column][vc_column_text]By Dilip Bobb

The Prime Minister will be hosting a dinner for around 100  CEOs of multinational companies and top Indian industrialists shortly after he arrives in Davos for the World Economic Forum annual summit.

The dinner will be organised – and paid for – by the Taj group. The CII (Confederation of Indian Industries) is the body which handles such matters and according to one CII source, the cost to the hotel chain for that one dinner will be a mind-boggling Rs 1.5 crore!

That includes the cost of sending a battery of the hotel’s top chefs taken from various properties of the group, flying them to Davos along with sous chefs (senior chefs fly Business class), kitchen helpers for chopping, cutting, marinating the food, specialised kitchen ware like tandoors and skewers, apart from crockery and cutlery and items of food, condiments, etc, which have to be packed in special containers. And, of  course, the cost of putting the staff up in Davos or nearby resorts, apart from local costs of conveyance, fresh meats and vegetables, sauces, etc and the five-star hotel venue.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text css=”.vc_custom_1516262108637{padding-top: 10px !important;padding-right: 10px !important;padding-bottom: 10px !important;padding-left: 10px !important;background-color: #cccccc !important;border-radius: 10px !important;}”]No Modi-Trump Meet In Davos

Despite the media speculation and hype, there is no chance of a meeting between Prime Minister Narendra Modi and US President Donald Trump at Davos where both leaders will be delivering keynote speeches at the annual World Economic Forum jamboree.

The reason is that Trump will arrive in the Swiss ski resort town where the world’s movers and shakers meet every year, a full day after Modi leaves. Modi’s visit last just 24 hours–he arrives on Tuesday 23rd Jan and leaves on Wednesday evening to be back in time to welcome the 10 heads of state and government from the ASEAN countries who he has invited for the Republic Day celebrations.

Trump will arrive in Davos on Thursday evening and address the Forum on Friday morning.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The dinner itself is an elaborate four course meal, apart from the appetizers, and served on Taj branded plates and cutlery. Indian PM’s do not serve liquor by tradition so there will be exotic Indian-flavoured alcohol-free cocktails.

Catering for India-related events at Davos has been done either by Taj or ITC, both are large chains which use the event as a branding exercise since the hosts and guests are some of the richest people on the planet, apart from corporate VIPs and Indian industrialists. Taj has been doing Davos for the last couple of years and willingly bears the costs which has so far been far less than a crore since the dinners have been smaller affairs – no Indian PM has hosted a diner there yet, and for so many people – Modi’s dinner will be catering for 150 guests.

Smaller hospitality players cannot afford the astronomical price tag. One of them was initially approached by CII for Modi’s Davos dinner and had to decline when they were told that their costs would be Rs 1.5 crore.[/vc_column_text][/vc_column][/vc_row]

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ChatGPT outage affects thousands of users globally, OpenAI reacts

OpenAI swiftly acknowledged the outage, publishing updates on their dedicated status page. This transparency, while offering little in the way of immediate solutions, served to reassure users that the company was actively addressing the situation.

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On January 23, OpenAI’s popular AI chatbot, ChatGPT, suffered a significant global outage, leaving millions of users unable to access the service. The disruption affected multiple access points, including the web interface, the mobile application, and even integrations on social media platforms like X (formerly Twitter). This widespread failure quickly drew significant attention, with reports flooding in from users worldwide.

The outage tracking website, Downdetector, registered a surge in user reports, exceeding a thousand complaints within a short period. This volume underscored the scale of the disruption and the significant impact on ChatGPT’s user base.

The majority of these reports indicated a complete inability to use the chatbot, highlighting the severity of the problem. A smaller percentage of users reported encountering difficulties with the website or API, suggesting a less comprehensive but still noticeable impact.

OpenAI swiftly acknowledged the outage, publishing updates on their dedicated status page. This transparency, while offering little in the way of immediate solutions, served to reassure users that the company was actively addressing the situation.

The official statements consistently described the problem as “degraded performance” and “elevated error rates” within the API, hinting at underlying technical issues that required investigation. However, specific details regarding the root cause remained undisclosed, pending a more thorough examination.

According to reports, the outage commenced around 5 PM IST and persisted for several hours. The lack of a definitive timeline and the ongoing nature of the disruption underlined the complexity of the problem and the challenges faced by OpenAI’s engineering teams in resolving the issue.

As of the latest updates, the exact cause of the outage remains under investigation by OpenAI. The company is actively working to restore full functionality and provide a more comprehensive explanation once the underlying problem has been identified and rectified.

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Prince Harry, Rupert Murdoch’s UK group reach settlement in surveillance case

The relentless media attention, he has claimed, also contributed to the intense pressure that led him and his wife, Meghan Markle, to step back from royal duties and relocate to the United States in 2020.

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Prince Harry has reached a settlement with Rupert Murdoch’s News Group Newspapers (NGN), bringing an abrupt end to a high-profile lawsuit alleging widespread phone hacking and unlawful surveillance.

The settlement, announced just as the trial was about to commence, includes substantial financial compensation for the Duke of Sussex and a formal, unequivocal apology from NGN. This marks a significant victory for Harry, who had accused the media giant of years of intrusive and illegal activities targeting his private life.

The apology, issued directly to Harry’s legal team, explicitly acknowledged the serious breach of privacy inflicted by both The Sun and the defunct News of the World. It detailed unlawful actions perpetrated between 1996 and 2011, including phone hacking, surveillance, and the use of private investigators to obtain sensitive information.

The statement specifically addressed the intrusive activities carried out by private investigators employed by The Sun, emphasizing the severity of the intrusion into Harry’s private life during his formative years. The apology extended to the distress caused to his late mother, Princess Diana, highlighting the impact of the media’s actions on the young prince.

This settlement represents one of three lawsuits filed by Harry against British media outlets, all stemming from accusations of privacy violations. He has consistently blamed the media for the relentless pursuit of his mother, Princess Diana, ultimately leading to her tragic death in a car crash in Paris while being chased by paparazzi.

The relentless media attention, he has claimed, also contributed to the intense pressure that led him and his wife, Meghan Markle, to step back from royal duties and relocate to the United States in 2020.

The case underscores the wider issue of phone hacking and media intrusion, exemplified by the notorious scandal that forced the closure of News of the World in 2011. The hacking of murdered schoolgirl Milly Dowler’s phone, during the police investigation into her disappearance, remains a particularly egregious example of the unethical practices employed by some sections of the British press.

Harry’s legal battle has brought renewed focus to this issue and the need for greater accountability within the media industry. The settlement, while ending this particular legal chapter, leaves a lasting legacy concerning media responsibility and the rights of public figures to privacy.

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China reacts to Donald Trump’s 10% tariff remarks, says it would protect its national interest

While acknowledging a willingness to maintain open communication channels and collaborative efforts with the U.S., China firmly rejected the notion of a trade war, emphasizing that such conflicts ultimately yield no winners.

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China has issued a firm response to US President Donald Trump’s renewed threat to impose a 10% tariff on Chinese imports, beginning February 1. The statement, released by the Chinese foreign ministry, underscores Beijing’s unwavering commitment to safeguarding its national interests amidst escalating trade tensions with the United States.

While acknowledging a willingness to maintain open communication channels and collaborative efforts with the U.S., China firmly rejected the notion of a trade war, emphasizing that such conflicts ultimately yield no winners.

The statement directly addresses Trump’s justification for the proposed tariffs, citing the flow of fentanyl from China through Mexico and Canada into the United States. This latest escalation marks a significant development in the long-standing trade dispute between the two economic giants.

The proposed tariffs, scheduled for implementation on February 1st, echo a similar threat made by Trump earlier, targeting Canada and Mexico with 25% tariffs over concerns about illegal immigration and fentanyl trafficking.

This consistent pattern of utilizing tariffs as a tool to address broader geopolitical concerns highlights the complex and multifaceted nature of the relationship between the United States and its major trading partners.

China’s economy, heavily reliant on exports to sustain its economic growth, faces significant vulnerability to such protectionist measures. Despite ongoing efforts to diversify its economy and boost domestic consumption, exports remain a crucial pillar of China’s economic engine. The potential impact of a 10% tariff on Chinese goods entering the U.S. market could trigger substantial ripple effects throughout the global economy.

The current trade tensions represent a continuation of a protracted struggle dating back to the Trump administration’s first term, marked by the imposition of substantial tariffs on Chinese imports over alleged unfair trade practices.

These actions were further reinforced by the subsequent Biden administration, which implemented sweeping measures aimed at restricting Chinese access to critical high-tech components.

Trump’s recent pronouncements signal a potential further escalation of these long-standing trade disputes. China’s response clearly indicates its readiness to defend its economic interests and navigate the complex landscape of international trade relations.

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