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Europe In Convulsions Even As Corbyn Rises In Britain

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By Saeed Naqvi

From Rome to London the contrast was sharp – from political despair to hope.

A comprehensive conference on Afghanistan, superbly organized the NATO Foundation was the only redeeming feature in Rome. Meetings with journalists and think-tanks on the margins were depressing.

The Far Right leader of the ruling coalition, Matteo Salvini of the League, whose early act as Deputy Prime Minister was to order a boat full of North African migrants to be allowed to drift towards Spain, is rising on the popularity charts. He is much the most popular leader in Italy with his anti-immigrant rantings. To firm up ideological bonds, Marine Le Pen, of France’s National Front, visited Salvini recently. If this was not a sufficient shot in the arm for Italian fascists, White supremacist, once President Trump’s soulmate, Steve Bannon, arrived to give a fillip to his plot – Brothers of Italy, they are called, under a title a canopy which Bannon calls “The Movement”. “Bannon is here frequently to confer with Salvini and meet some of us” says Francesco Galieti, journalist who also advises investors.

Bannon is the spider in the web wherever ultra-nationalism, illiberal economics, leavened with dollops of racism rears its head. On Brexit too he is putting in his mite to accelerate the break with EU. Just as committed on the other side of the debate is the even more powerful, anti-Brexit Billionaire, George Soros. They are both in convulsions to save the world from the curse of anti-capitalist headwinds.

There is a common anxiety but with distinct right wing prescriptions.

Bannon must not be overdrawn but he does represent an impulse to navigate the leaky boat of capitalism away from any real or imaginary leftward lurch.

Europe In Convulsions Even As Corbyn Rises In BritainThe desperation of this lot is manifest even as far as Brazil. Jair Bolsonaro, who romanticizes the likes of Pinochet, has support from the same interests who are stitching together fascism in Europe. Steve Bannon has been advising Bolsonaro’s media team. His appearance on a Nigel Farage radio show created a minor storm. Farage, of the former Independence Party, leads the anti-Brexit movement with a self-explanatory title – Leave Means Leave.

Removed from anti Brexit extremism are countries like Austria, Poland, Hungary and the Nordic North, which are anti migrant, on occasion anti-Semitic. Bannon has no interests here; Soros does.

Against this broad canvas of despairing gloom, I would like to state, on the pain of being repetitious, that Britain provides relief. For many in Britain this relief is mingled with fear because the right wing media has painted Jeremy Corbyn in lurid colours. The Conservative Party, not to be confused with the rightist aberrations stretches from European continent to Latin America and elsewhere is in convulsions over both Brexit and Corbyn.

Prime Minister Theresa May is looking at the “Exit” door in a sort of daze. She does not quite know how to handle the several balls up in the air. A break with EU will prompt Scotland sewing up its own deal with Brussels. Also, since this will entail the border between Belfast and Dublin demanding visa clearances, the Democratic Unionist leader, Arlene Foster will break with Theresa May, bringing down her government. The whole point about Unionism in Ulster is to be “exactly” like the rest of Britain, says Foster. Any arrangement exclusive to Northern Ireland will not be acceptable to the Unionists.

Meanwhile, the right wing of the conservatives, say, former Foreign Secretary, Boris Johnson and his cohorts are threatening to throw a ginger fit if Brexit is “softened” a means of placating the urge to “remain”, which is noticeable on both sides of the aisle.

Ambiguity afflicts the Labour Party too but it has the advantage of being in the opposition. It is under no compulsion to show its hand. It is simply waiting for an embattled Prime Minister to trip up. That would mean fresh elections which Labour is expected to win easily.

His opponents would not accept it but Labour Party has a charismatic leader in Jeremy Corbyn who has emerged even more firmly in control after the annual Party conference in Liverpool last month.

During his speech Corbyn made an offer to Theresa May. “Labour MPs would vote for a soft Brexit deal which keeps Britain in the Customs Union with the EU”.

What would be the Labour Party’s position on a growing demand for a fresh referendum on Brexit? I had put this question to Corbyn two months ago. His response was very political. “The people have voted for Brexit in a referendum. Let the government negotiate a deal with Brussels which is acceptable to the British public.”

Corbyn was very conscious of the many inconsistencies among Labour voters, constituency to constituency, during the referendum. But as an opposition leader and Prime Minister in-waiting, his job was to wait for May to make mistakes.

With Corbyn as Prime Minister looming large on the horizon the media, which has placed him consistently in a negative searchlight, has a huge challenge on its hands: how to begin to adjust to the reality of Corbyn.

He continues to say things which make those elements of the Conservative Party who are wrapped in a very Anglaise-Britishness, very uncomfortable. For instance he would like schools to have in the text books those aspects of British history which illuminate negative aspects of colonialism. This when the centenary of the Jallianwala Bagh massacre in April 2019 may well be a high profile event during the Indian election season.

Little wonder a magazine like the Economist still makes Corbyn look like Che Guvera, a beret and the revolutionary leader’s trademark beard et al.

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Israel-Lebanon ceasefire to begin within hours as Trump announces 10-day truce

Israel and Lebanon may begin a 10-day ceasefire within hours after a proposal announced by Donald Trump amid ongoing tensions.

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Donald Trump

A temporary halt in hostilities between Israel and Lebanon is expected to begin within hours after US President Donald Trump announced a proposed 10-day ceasefire between the two sides, amid ongoing tensions in the region.

According to his statement, the ceasefire is likely to take effect around 5 p.m. Eastern Time, although independent confirmation from both sides is still awaited.

The development follows discussions involving Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun, with mediation efforts led by the United States.

Officials indicated that the proposed truce is aimed at creating a limited window to reduce violence and potentially pave the way for broader diplomatic engagement. The situation along the Israel-Lebanon border has remained tense in recent weeks, with escalation linked to the activities of Hezbollah.

Diplomatic efforts have intensified in recent days, with discussions facilitated by the United States, including the involvement of US Secretary of State Marco Rubio. However, details of the agreement and the extent of coordination between the parties remain unclear.

The situation remains fluid, and the success of the ceasefire will depend on adherence by all sides involved. The conflict has already led to significant humanitarian and geopolitical consequences, including displacement and disruption in affected areas.

While the proposed ceasefire is being seen as an important step toward de-escalation, broader negotiations involving regional stakeholders are expected to be necessary for any lasting resolution.

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US ends oil sanctions waiver for Iran and Russia, impact likely on India’s energy imports

The US decision to end the Iran and Russia oil waiver may impact India’s oil imports, fuel prices and global energy markets.

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US oil tanker

The United States has decided not to extend a temporary sanctions waiver that allowed limited trade in Iranian and Russian oil, marking a shift towards stricter enforcement of economic restrictions.

The waiver, introduced in March 2026, had permitted the sale of oil already loaded on ships to stabilise global supply during heightened geopolitical tensions. However, it is now set to expire around mid-April without renewal.

US officials have indicated that the move is part of a broader strategy to increase pressure on both Iran and Russia amid ongoing conflicts and geopolitical tensions.

What the waiver did and why it mattered

The short-term waiver allowed millions of barrels of oil—estimated at around 140 million barrels—to enter global markets, helping ease supply shortages and prevent sharp price spikes.

It also enabled countries like India to purchase discounted crude oil from Russia and resume limited imports from Iran after years of restrictions.

Impact on India

India, one of the world’s largest oil importers, is expected to feel the impact of the decision in several ways:

  • Reduced access to discounted oil
    India had been buying cheaper Russian crude and recently resumed Iranian imports under the waiver. Its end may limit these options.
  • Potential rise in fuel costs
    With fewer discounted supplies available, India may need to rely more on costlier sources, which could increase domestic fuel prices.
  • Supply diversification pressure
    India may need to explore alternative suppliers in the Middle East, Africa, or the US to maintain energy security.
  • Geopolitical balancing challenge
    The move adds pressure on India to align with US sanctions while managing its own economic interests.

Global energy market concerns

The end of the waiver comes at a time when global oil markets are already under stress due to conflict in West Asia and disruptions in key routes like the Strait of Hormuz.

Analysts warn that tightening sanctions could:

  • Reduce global oil supply
  • Increase price volatility
  • Intensify competition among major buyers like India and China

Bigger picture

The US decision reflects a broader shift from temporary relief measures to stricter enforcement of sanctions, even if it risks tightening global energy markets.

For India, the development highlights a recurring challenge—balancing affordable energy access with geopolitical realities.

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Sanctioned tanker fails to breach US blockade, turns back near Strait of Hormuz

A US-sanctioned tanker failed to cross the Hormuz blockade and turned back, underscoring rising tensions and disruption in global shipping routes.

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A US-sanctioned oil tanker failed to break through a newly imposed American naval blockade and was forced to turn back near the Strait of Hormuz, highlighting growing tensions in the region.

The vessel, identified as the Rich Starry, reversed its course after attempting to exit the Gulf, according to shipping data. The development comes just days after the United States enforced restrictions on ships linked to Iranian ports.

The blockade was announced by Donald Trump following the collapse of recent diplomatic talks with Iran. The move aims to restrict maritime traffic associated with Iranian trade.

Officials said that during the first 24 hours of enforcement, no vessel successfully crossed the blockade. Several ships, including the sanctioned tanker, complied with instructions from US forces and turned back toward regional waters.

The tanker is reported to be linked to a Chinese company previously sanctioned for dealing with Iran. It was carrying a cargo of methanol loaded from the United Arab Emirates at the time of the incident.

The situation underscores the rising risks in one of the world’s most critical oil transit routes. The Strait of Hormuz typically handles a significant share of global energy shipments, but traffic has sharply declined due to ongoing geopolitical tensions.

The blockade, which applies specifically to vessels travelling to or from Iranian ports, has added further uncertainty for shipping companies, insurers and global energy markets.

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