News for 'American Economic Association'

'Very heavy tariffs': Trump fumes as Canada moves closer to EU

'Very heavy tariffs': Trump fumes as Canada moves closer to EU

Rediff.com6 days ago

US President Donald Trump has threatened the European Union with "very heavy tariffs" if he perceives their actions as hostile, specifically in response to Canada's efforts to deepen economic and strategic ties with the EU. This comes as European Commission President Ursula von der Leyen invited Canada to become the EU's first "associate member" to strengthen resilience amid global trade uncertainties and US trade policies.

Leaked images show damaged US bases in Iranian strikes

Leaked images show damaged US bases in Iranian strikes

Rediff.com6 days ago

New photographic evidence and a Pentagon inspector general's report confirm extensive damage to US military installations across the Middle East due to Iranian missile and drone strikes. The report details billions in financial costs, structural losses to hundreds of buildings, and damage to dozens of aircraft, contradicting previous assertions about US military readiness and ordnance stockpiles. The conflict also led to disruptions in the Strait of Hormuz, impacting global oil prices.

BRICS Summit: What's On Modi-Xi Agenda?

BRICS Summit: What's On Modi-Xi Agenda?

Rediff.com11 Sep 2026

Ahead of Xi Jinping's visit, National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi held extensive talks in Beijing on August 25 on the boundary issue and reached an eight-point consensus.

India@80, America@250: Indian diaspora sets Guinness flag record in New York

India@80, America@250: Indian diaspora sets Guinness flag record in New York

Rediff.com16 Aug 2026

Celebrations marking India's 80th Independence Day in the New York tri-state area culminated in a world record, with more than 1,300 US flags surrounded by Indian tricolours arranged to form the number "250", in a tribute to America's semiquincentennial anniversary.

Indian-American named NASA's associate administrator

Indian-American named NASA's associate administrator

Rediff.com4 Sep 2025

Amit Kshatriya, a decorated Indian-American and NASA veteran, has been appointed as NASA's new associate administrator, marking a significant step in the agency's exploration efforts.

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

India broadens crude sourcing to Latin America, Venezuela becomes key supplier

Rediff.com20 Aug 2026

India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.

Sonia Gandhi memoir to chronicle love, tragedy and her 2004 PM refusal

Sonia Gandhi memoir to chronicle love, tragedy and her 2004 PM refusal

Rediff.com19 Aug 2026

Congress leader Sonia Gandhi is set to release her memoir, "Belonging: A Journey of Love," in November. The book will cover her personal life, including her marriage to Rajiv Gandhi, the tragedies she faced, her decision to decline the prime ministership in 2004, and her journey into politics. It promises an intimate look at her experiences within one of India's most powerful political families.

How Free Is India Today?

How Free Is India Today?

Rediff.com17 Aug 2026

As India's decline continued on global indices, the government first blamed methodology and then motives. This is where we remain today as we wish each other and ourselves a happy Independence Day, points out Aakar Patel.

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Alan Greenspan, former US Federal Reserve chair, passes away at 100

Rediff.com22 Jun 2026

Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Trump Is Coming For Immigrant Brothers, Sisters, Aunties, Uncles...

Rediff.com13 Jun 2026

Immigrants' contribution to the US economy is disproportionate to their share of the population, meaning that losing them would shrink the economy even more than losing a random group of Americans, points out Sree Sreenivasan.

American firms investing in IPL franchises show confidence in league's growth

American firms investing in IPL franchises show confidence in league's growth

Rediff.com27 Mar 2026

Satyan Gajwani, chairman of Times Internet Limited and RCB's new co-owner, discusses the significance of American companies investing in IPL franchises like RCB and Rajasthan Royals, highlighting the league's immense growth potential and global appeal.

Govt Eyes Steps To Contain CAD

Govt Eyes Steps To Contain CAD

Rediff.com22 May 2026

'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'

India-US Trade Rift Deepens Over Section 301 Hearings

India-US Trade Rift Deepens Over Section 301 Hearings

Rediff.com22 May 2026

American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.

Iran blames UAE after BRICS ministers fail to agree on joint declaration

Iran blames UAE after BRICS ministers fail to agree on joint declaration

Rediff.com16 May 2026

The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.

Indian Techies Face Green Card Uncertainty

Indian Techies Face Green Card Uncertainty

Rediff.com25 May 2026

This could come as a setback to thousands of Indian engineers who have waited for years for their work visas to pave the way for the coveted Green Card.

US Seizes Oil Tanker Linked To Iran In Indian Ocean

US Seizes Oil Tanker Linked To Iran In Indian Ocean

Rediff.com20 May 2026

The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Family Establishes Scholarship Fund for Slain Indian-Origin Student

Rediff.com8 Apr 2026

The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.

Subhash Kashyap: A Titan Passes Into The Ages

Subhash Kashyap: A Titan Passes Into The Ages

Rediff.com9 Jun 2026

Dr Subhash Kashyap not only enhanced Parliament's image in India and abroad, but also the position of Lok Sabha secretary-general which succeeding secretary-generals have upheld thorough neutrality, objectivity and high degree of professionalism, notes Rup Narayan Das.

'Trump faces impeachment risks if Iran conflict continues'

'Trump faces impeachment risks if Iran conflict continues'

Rediff.com12 Apr 2026

The popularity of US President Donald Trump is waning with approval ratings at its lowest, according to former diplomat Mahesh Sachdev, who notes that with two-thirds of Americans not approving of a continuation of the war on Iran, Trump faces the risk of being impeached.

Gulf allies livid as US 'gave no notice' of Iran strike

Gulf allies livid as US 'gave no notice' of Iran strike

Rediff.com6 Mar 2026

The United States is facing growing discontent from its Gulf allies after several countries in the region complained that they were not given advance notice of the US-Israel strike on Iran that triggered widespread retaliatory attacks, according to media reports.

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

'Pakistan Threatened India With Nuclear Weapons Three Times Before 1998'

Rediff.com27 Mar 2026

'We were in a heavily nuclearised environment. China had tested for Pakistan in the 1980s and helped their missile programme stay just one step behind us.'

Will Trump Attend Islamabad Peace Talks?

Will Trump Attend Islamabad Peace Talks?

Rediff.com15 Apr 2026

The intriguing bit is that Trump is likely to attend the talks in Islamabad this weekend -- if he does, it will be the clearest signal yet that the US is ready to exit the war with some sort of win to show, since he cannot afford to go for the talks and return empty-handed, notes Prem Panicker in his must read blog on the Iran War

Will Trump's 5 Day Pause End The War On Friday?

Will Trump's 5 Day Pause End The War On Friday?

Rediff.com24 Mar 2026

'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Trump's War Has Crossed Energy Rubicon. And There's No Turning Back

Rediff.com19 Mar 2026

For weeks, the war skirted the edge of catastrophe without tipping over. Missiles flew, there was much destruction, commanders were assassinated, cities across the Gulf and even in Israel struggled to absorb the shock. But one line held: Energy infrastructure, the arteries of the global economy, remained largely untouched. That is no longer true. Prem Panicker continues his must read daily blog on the Gulf War.

Trump Is Caught Between Two Bad Options

Trump Is Caught Between Two Bad Options

Rediff.com16 Mar 2026

Fight on toward goals that keep receding, or exit with most objectives unmet. Trump is agitated, his poll numbers falling below the Plimsoll line, his base fractured between those who back the war and those who remember that he campaigned on ending them.

Why Did Israel Kill Ali Larijani?

Why Did Israel Kill Ali Larijani?

Rediff.com18 Mar 2026

Israel has for more than two decades and several US presidencies worked to draw the United States into a full-scale war with Iran. Having finally achieved that, the last thing it wants is Trump declaring victory and going home, as he is prone to do. Ali Larijani was the figure most capable of handing Trump a negotiated exit with something to show for it. Without Larijani, the road to an exit gets considerably narrower. Prem Panicker continues his must read daily blog on the Gulf War.

Hormuz Crisis Threatens Global Economy

Hormuz Crisis Threatens Global Economy

Rediff.com12 Mar 2026

When missiles fly in this region, they are never just aimed at military targets.

Iran War Exposes Washington's Strategic Chaos

Iran War Exposes Washington's Strategic Chaos

Rediff.com12 Mar 2026

What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

Budget 2026: The Business Of IP Remains Unfinished

Budget 2026: The Business Of IP Remains Unfinished

Rediff.com23 Feb 2026

The Union Budget backs skilling across animation, gaming and comics. But creators and studios confront a hard question: who owns what comes next?

Why India-US Trade Deal Is Delayed

Why India-US Trade Deal Is Delayed

Rediff.com14 Jan 2026

A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.

Indian-American Jay Bhattacharya to be Trump's health agency head

Indian-American Jay Bhattacharya to be Trump's health agency head

Rediff.com27 Nov 2024

US President-elect Donald Trump has nominated Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), the country's top health research and funding institutions. Bhattacharya, a professor of Health Policy at Stanford University, is known for his research on the health and well-being of vulnerable populations. Trump also nominated Jim O'Neill as the deputy secretary of Health and Human Services to work alongside Robert F. Kennedy Jr.

Maduro's Link to Sathya Sai Baba...

Maduro's Link to Sathya Sai Baba...

Rediff.com5 Jan 2026

Long before he became Venezuela's president, Nicolas Maduro's life intersected with India in a profound personal way.

What Will Xi Jinping Do Next With All That Power?

What Will Xi Jinping Do Next With All That Power?

Rediff.com11 Feb 2026

'For the first time in a hundred years, the army has been taken out of the political equation. And for the first time ever, there is only one man who calls the shots. Not even Mao had this kind of power.'

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

H-1B Visa: Why Nvidia Will Pay $100,000 For Talent

Rediff.com9 Oct 2025

'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'

Bengaluru Faces Urban Breakdown

Bengaluru Faces Urban Breakdown

Rediff.com22 Oct 2025

Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.

US Tariffs: India Draws Red Lines Around Farm Commodities

US Tariffs: India Draws Red Lines Around Farm Commodities

Rediff.com7 Jul 2025

Very sensitive items -- such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand -- may face restricted concessions.

Can This Man Improve India-US Relations?

Can This Man Improve India-US Relations?

Rediff.com2 Sep 2025

The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India -- he represents both a challenge and an opportunity, points out Aditi Phadnis.

The Leverage Trump's US Has On Xi's China Has Shrunk

The Leverage Trump's US Has On Xi's China Has Shrunk

Rediff.com31 Jul 2025

The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.