English हिन्दी
Connect with us

Latest world news

Ex-US officials urge Trump to recalibrate tariff policy, highlight India’s strategic role

Former US officials Jake Sullivan and Kurt M Campbell warn that Trump’s tariff policy risks weakening US-India ties, stressing the need for a deeper alliance to counter China.

Published

on

donald-trump

Amid escalating trade tensions between India and the United States following Washington’s decision to impose a cumulative 50 per cent tariff on Indian imports, former top American officials have stressed the importance of recalibrating ties.

India seen as critical partner for US strategy

Former US National Security Advisor Jake Sullivan and ex-Deputy Secretary Kurt M Campbell, in a joint editorial, underscored that the India-US partnership has long enjoyed bipartisan support in Washington and has been instrumental in curbing “reckless Chinese adventurism” in the Indo-Pacific region.

They cautioned that tariffs, disputes over Russian oil, and renewed friction around Pakistan have caused a “regrettable downturn” in relations, warning that the US risks losing one of its most important global partners if the current trajectory continues.

Warning on India-China-Russia alignment

Referring to Prime Minister Narendra Modi’s recent appearance with Chinese President Xi Jinping and Russian President Vladimir Putin at the Shanghai Cooperation Organisation (SCO) Summit, the former officials noted that Washington’s policies could inadvertently push New Delhi closer to rival powers. India, they added, could face strategic isolation with a hostile China on its border and strained technology and defence cooperation with the US.

Call for stronger foundation beyond old status quo

Sullivan and Campbell argued that both nations must move beyond restoring the “old, suboptimal status quo” and instead build a deeper alliance. They pointed to past milestones such as the US-India Civil Nuclear Agreement under George W. Bush and Manmohan Singh, as well as recent cooperation in artificial intelligence, biotechnology, and aerospace under Joe Biden and Narendra Modi.

On “India-Pakistan” policy

The former officials also advised Washington to avoid hyphenating relations with India and Pakistan, noting that while counter-terrorism and nuclear non-proliferation remain US interests in Islamabad, they are outweighed by broader strategic stakes tied to India’s rise.

Their remarks came against the backdrop of President Donald Trump’s recent outreach to Pakistan, including a trade deal and discussions on oil reserves, even as Indian exports faced new tariffs.

Five pillars for a stronger alliance

They proposed a treaty-based framework for US-India relations, centred on five pillars of cooperation: artificial intelligence, semiconductors, biotechnology, quantum research, clean energy, telecommunications, and aerospace. The editorial suggested a ten-year action plan to build a joint technology ecosystem aligned with democratic allies, combining public investments, shared research, talent exchange, export controls, and cybersecurity measures.

Latest world news

Pakistan hit by 5.5-magnitude earthquake, no casualties or damage reported

A 5.5-magnitude earthquake jolted Pakistan on Friday, with authorities reporting no immediate casualties or significant damage.

Published

on

earthquake-tremors

A magnitude 5.5 earthquake struck Pakistan on Friday, sending tremors across several parts of the country. However, authorities said there were no immediate reports of casualties or significant property damage.

According to seismic monitoring agencies, the earthquake was recorded at a considerable depth, which may have reduced the impact on the surface. Residents in several cities reported feeling the tremors, prompting many to move outdoors as a precaution.

Emergency and disaster management authorities began assessing the situation soon after the quake. Initial assessments indicated that no major damage to infrastructure or loss of life had been reported. Officials continue to monitor the situation for possible aftershocks.

Pakistan lies in a seismically active region due to the interaction of the Indian and Eurasian tectonic plates, making earthquakes a frequent occurrence in several parts of the country.

Continue Reading

Latest world news

Twin earthquakes strike Venezuela within 39 seconds, triggering panic in Caracas

Venezuela witnessed two powerful earthquakes within 39 seconds, triggering panic in Caracas, damaging infrastructure and leading authorities to declare a state of emergency.

Published

on

Two powerful earthquakes struck Venezuela within just 39 seconds, causing widespread panic, damaging buildings and disrupting key infrastructure in and around the capital, Caracas.

According to the United States Geological Survey (USGS), the first earthquake measured magnitude 7.2 and struck on Wednesday evening near the coastal town of Moron. Just 39 seconds later, a stronger 7.5-magnitude tremor hit roughly 45 kilometres away, creating what seismologists described as a “doublet” earthquake sequence.

The back-to-back quakes sent residents rushing into the streets as buildings shook violently across Caracas. Several structures suffered severe damage, with reports of building collapses in parts of the capital. Rescue workers were deployed to search through rubble while emergency teams assessed the extent of the destruction.

Visuals shared on social media showed scenes of chaos at Simon Bolivar International Airport, where parts of the terminal roof reportedly collapsed, filling sections of the facility with dust and smoke. Passengers were seen evacuating the airport as power flickered during the tremors. Authorities later announced the closure of the airport because of significant damage.

More than 20 aftershocks were recorded following the twin earthquakes, raising concerns about additional structural damage. The USGS warned that the disaster could result in significant casualties and economic losses, while landslides were also reported in affected areas.

Venezuela’s interim president Delcy Rodriguez declared a state of emergency following the earthquakes and urged citizens to remain cautious as emergency response efforts continued. Opposition leader Maria Corina Machado also expressed solidarity with those affected by the disaster.

The earthquakes are being described as among the strongest to strike Venezuela in more than a century. Authorities continue to assess the full scale of the damage and search for possible victims trapped beneath collapsed structures.

Continue Reading

Latest world news

London court orders Nirav Modi to pay Bank of India over $11.5 million in loan guarantee case

A London court has ruled that fugitive businessman Nirav Modi must pay Bank of India more than $11.5 million, including interest, in a loan guarantee dispute.

Published

on

Fugitive diamond merchant Nirav Modi has been ordered by a London court to pay Bank of India more than $11.5 million, including accrued interest, in connection with a personal guarantee linked to a loan extended to one of his Dubai-based firms.

In a significant ruling delivered by the London Circuit Commercial Court, Justice Simon Tinkler held that Modi remained liable under the personal guarantee issued for a loan granted to Firestar Diamond FZE, a Dubai-incorporated company associated with him. The court rejected Modi’s challenge to the enforceability of the guarantee.

The court examined whether Modi had been properly served with a demand notice, whether the demand related to a liability owed to the bank, and whether the personal guarantee was legally enforceable. Justice Tinkler ruled in favour of Bank of India on all three issues.

According to the judgment, Modi is liable for the principal outstanding amount of $4.1 million. After adding accumulated interest, the total payable amount has risen to an estimated $11.5 million as of March 2026, with additional interest continuing to accrue.

The public sector lender has been pursuing recovery proceedings against Modi since 2018, following the emergence of allegations involving companies linked to the businessman. Modi, who has largely represented himself in the proceedings, is currently lodged in a UK prison while contesting his extradition to India in a separate Punjab National Bank fraud and money laundering case.

Law firm Fladgate LLP, representing Bank of India, clarified after the verdict that the proceedings were strictly related to a commercial banking recovery claim and did not deal with the wider allegations connected to the Punjab National Bank fraud case.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com