'Trump's sons, and the son of Trump's Mideast envoy Steven Witkoff, are in the crypto business and recently signed deals with Pakistan's crypto council.' 'It may not be coincidental that not long before the Trump-Munir meeting, the head of Pakistan's crypto council met with Trump's White House crypto policy czar.'
Investors' wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points.
The closed-door luncheon meeting came amid escalating tensions between Israel and Iran with Trump exploring Washington's possible involvement.
Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
In his media statement following talks with his Croatian counterpart Andrej Plenkovic, Modi said both leaders agree that "terrorism is an enemy of humanity" and is inimical to forces that believe in democracy.
'New Delhi is not naive about its foreign policy choices.'
India's National Security Advisor Ajit Doval held bilateral talks with US Director of National Intelligence Tulsi Gabbard, and chaired a conclave of top global intelligence chiefs focusing on strengthening cooperation in confronting various security challenges including terrorism and threats posed by emerging technologies. The meeting also focused on security in the Indo-Pacific region, cooperation to counter terror funding and money laundering, and issues relating to extradition and immigration.
Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.
'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'
United States Secretary of State Antony Blinken reiterated his country's stance against an immediate ceasefire in Gaza during his meetings with key Middle Eastern leaders on Saturday, CNN reported.
Badar Khan Suri, an Indian postdoctoral fellow at Georgetown University, is facing deportation after US authorities accused him of "spreading Hamas propaganda" and having "close connections to a suspected terrorist." The Department of Homeland Security claims Suri has been actively promoting antisemitism on social media and is connected to a senior Hamas advisor. Suri's lawyer, Hassan Ahmad, argues that his client is being targeted due to his wife's Palestinian heritage and their opposition to US foreign policy towards Israel. The incident follows the self-deportation of another Indian student from Columbia University who was also accused of supporting Hamas.
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
Will Russia's entry deter Trump on his warpath?, asks Ambassador M K Bhadrakumar.
The United Nations Security Council held closed-door consultations on rising tensions between India and Pakistan, with envoys calling for restraint and dialogue. The consultations, requested by Pakistan, lasted for about an hour and a half. UN Secretary-General Antonio Guterres expressed concern over the tensions, urging both countries to avoid a military confrontation. India's former Permanent Representative to the UN, Syed Akbaruddin, said that no consequential outcome could be expected from the discussion.
'We are too important to want to be paired with Pakistan but too intensely connected to it to successfully detach ourselves,' asserts Aakar Patel.
We have nothing to gain by raising our concerns internationally as our narrative has got entangled with several controversial concepts in the United Nations, asserts Ambassador T N Sreenivasan.
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
'Pakistan is no longer a front-burner issue for America.'
India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday. About the global economy, the IMF said the battle against inflation has largely been won, even though price pressures persist in some countries.
A peace keeping role for India is a distinct possibility. Indian military has both the numbers and experience to carry out this job, observes Colonel Anil A Athale (Retd).
The IDF noted that the strikes are being conducted in response to "relentless attacks" from Iran and its proxies since October 7, adding that Israel has the "right and the duty to respond."
Born in Chile, Jorge Antonio Salhe has never set foot in Palestine, the country he represented in skeet shooting at the Paris Games.
Biden said over a year later Russian President Vladimir Putin has "failed and he continues to fail".
President Biden directed the US. military to aid Israel's defence against Iranian attacks and shoot down missiles that are targeting Israel.
India on Saturday pulled off a big diplomatic win after the G20 summit adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending "global trust deficit".
Trump has made clear his intention to mediate a resolution between the two nations, emphasising the need for a swift de-escalation of violence.
Palestinians are winners by just being at Paris Games, say athletes
Germany expects 2.7 million people to attend matches in stadiums across the country and some 12 million in its fan zones for outdoor viewing, including on a long stretch of turf laid out in front of Berlin's Brandenburg Gate.
On July 2 or July 6, the Dalai Lama will reveal his mind on his successor. This makes Beijing extremely nervous as the Communist regime fully realises the importance of controlling the next Dalai Lama, points out Claude Arpi.
Democratic Presidential front-runner Barack Obama has challenged President George Bush and presumptive Republican nominee John McCain to a debate on the foreign policy, saying they have a lot to explain on issues like Iraq war, Iranian nuclear programme and Middle East conflict.
The Royal Bahrain Hospital in a statement on Friday described Dr. Sunil Rao's tweet, which he had subsequently deleted, as a violation of the hospital's code of conduct.
The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.
At the end of the day, for many worldwide, the ongoing mutual attacks between Israel and Iran would seem a contest devoid of any moral high ground and only a bout between two ordinary adversaries, one that nevertheless risks spinning out of control into a larger conflagration, notes Shyam G Menon.
In a statement, the Israel Defence Forces (IDF) said, 'Hassan Nasrallah will no longer be able to terrorise the world.' The IDF said that alongside Nasrallah, the commander of Hezbollah's so-called Southern Front, Ali Karaki, was also killed, along with other commanders, Times of Israel reported.
President Joe Biden and other top US leaders had been warning for days that America would strike back at the militias, and they made it clear it wouldn't be just one hit but a "tiered response" over time.
Resolve Palestinian issue to defeat Al Qaeda: Musharraf
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
India has voiced deep concern over the deteriorating security situation and large-scale loss of civilian life in the ongoing Israel-Palestine conflict, urging the parties to work towards creating conditions necessary for peace and restarting direct negotiations through de-escalation and ending violence.
Biden said that the Saudi Crown Prince told him he was not "personally responsible" for Khashoggi's murder.
'A less tense US-China relationship would make Beijing less likely to provoke India -- including on the border -- in retaliation for its close defence ties with the US.'
