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Merkel and Corbyn: There’s Room for Decency in Public Life

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~By Saeed Naqvi

Two developments in Europe this week have brought cheer. First, Angela Merkel has held onto her job (even though only by the skin of her teeth). Secondly, the very citadel of western capitalism, The Economist, has editorially welcomed Jeremy Corbyn, a socialist in the Michael Foot mould, as Britain’s next Prime Minister, whenever elections take place. There is a stamp size photograph of Corbyn standing at 10 Downing Street, without a neck tie, of course.

 It is maliciously reported that smoke billowed out of Lord Peter Mandelson’s ears after he read the editorial while holidaying on an oligarch’s yacht. Tony Blair’s favourite sidekick and one of the architects of the now defunct New Labour, had sworn in 2015, that he would work hard to “undermine Corbyn”.

It is not that The Economist has suddenly turned pink. It is doing the best it can to cope with altered circumstances: if you can’t beat them, join them.

The trophy for prescience must go to Chris Mullin, writer and former Labour MP. In 2015, Mullin wrote an imaginary piece in The Guardian under the heading:

“All hail the Bearded One! The first 100 days of Jeremy Corbyn as Prime Minister”.

 “To general astonishment, among the early visitors to Downing Street is a grim-faced Rupert Murdoch. He is closeted with the new prime minister for more than an hour, at the end of which the following announcement is made.”

“First, that the Broadcasting Acts are amended, requiring Sky to compete on a level playing field with the main terrestrial TV channels. And secondly, that he relinquishes control of all his British newspapers which will, in future, be managed by a trust in which no single shareholder will have a controlling interest. Mr. Murdoch has accepted these conditions. Our discussions were amicable.”

While Corbyn is still in the realm of speculation, the historic German elections have stirred up the heart of Europe. From the wreckage around her, emerges Angela Merkel as a fourth term German Chancellor, testimony to the compelling power of decency in public life. If she were not a hardnosed politician also she would not be where she is – a titanic figure in world affairs. But a premium she places on moral and ethical values in decision making, shines through. This fourth term is her trophy on that count.

Daughter of a vicar in East Germany, her background has been something of an asset for her. It is the abiding Christian in her, in the highest sense of the term, that enabled her to rise above the din and keep compassion as an ingredient in her decision to accord hospitality to hapless Arab and North Africa migrants – totally against the prevailing political current.

She is too intuitive not to have known that she would be made to pay a price for her decision. As a consequence, the Bundestag will have for the first the ultra right wing AFD (Alternative for Germany) with 94 seats, making it the country’s third largest party much of it at Merkel’s cost. Marine Le Pen in France or Geet Wilder in the Netherlands also represent narrow, anti immigrant Xenophobia. In Germany the AFD resonates more frightfully. It stirs images of Nazism. But it would be a mistake to paint all the one million voters who moved away from the ruling Christian Democrats, with the same brush.

Let me add in parenthesis: voters moved away from CDU and its Bavarian partner, CSU, but, please note, much the largest number of the vote did not shift. They stayed with Angela Merkel. It must be put down to Merkel magic that in a House of 709, she still has 246 seats despite her immigration policy. But she is still 109 short of a majority. “One thing is clear” she announced with good natured mischief in her eyes. “They can’t form a government without us.”

 By the same token, she cannot form a government without them. The Social Democrats who were with her in a grand coalition in the outgoing government, have been decimated. They have decided to sit in the opposition.

If Merkel lost 8.5% of her vote because of her calculated decency, Martin Schulz of SPD is kicking himself for having lost 5.2% of his vote for the sin of looking like CDU’s B team. The fate of the Spanish Socialist party leader Pedro Sanchez must have haunted him. After two deadlocked elections, Sanchez was persuaded to abstain from a vote, enabling the Peoples Party Prime Minister Mariano Rajoy to sail through. Sanchez now looks a cipher in public life. Schulz wishes to escape that fate. There is accidental altruism in his decision too. By choosing to be in the opposition with 153 seats, he has effectively blocked AFD from taking the pulpit as leader of the opposition.

All of Merkel’s negotiating skills will be brought into play to forge what in German parlance is called a “Jamaica” coalition – black, yellow and Green representing the colours of CDU, FDP and Green. The combination happens to be the colour of the Jamaican flag.

How will Merkel reconcile her gentler, market approach to the Liberal, FDP leader, Christian Lindner’s unbridled capitalism?

Will there be difficulty striking a rapport with the Green’s Katrin Goring-Eckardt on environmental issues? Merkel did not hesitate calling off nuclear energy for Germany quite instinctively as soon as she witnessed Japan’s Fukushima disaster.

She will also work very hard to retrieve the million or so voters who drifted away from her because of her being “soft” on immigration. A hunch on Merkel is that she will not compromise on her core beliefs. One such belief concerns immigration. Refugees fleeing from the post 9/11 West Asian wars strike a very Christian chord with her.

Being practical, she will not accelerate migration; she will facilitate migrant leaders, NGOs, in establishing model migrant settlements. Unnecessary gestures unpopular with the electorate, will be discarded. She has already spoken with her usual honesty that talks with Turkey should be suspended on European entry. Where is the point in sustaining a dialogue with Turkey when nobody in Europe is willing to give up the medieval aversion to the “Turk”. Decades ago, French President Giscard d’Estaing declared with stunning candour: “European civilization is Christian civilization”. In it there was no room for a Muslim Turkey. Those were days when Turkey’s case could be supported because it still donned the secular cloak of Ataturk. Now Europe considers such support untenable: Turkey is quite transparently, Muslim Brotherhood.

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US-Iran talks move closer as $300 billion investment proposal emerges

The United States and Iran are said to be nearing a preliminary agreement that could include sanctions relief, access to frozen Iranian assets, a Lebanon ceasefire framework and a proposed $300 billion reconstruction-linked investment plan.

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The United States and Iran are reportedly edging closer to a preliminary agreement that could temporarily ease tensions in the Middle East while opening the door for wider negotiations on Iran’s nuclear programme, sanctions relief and regional security.

According to reports, the evolving framework may include discussions around a proposed $300 billion reconstruction and investment mechanism for Iran if a final agreement is eventually reached. The proposal is said to involve international investment support facilitated with US backing.

Lebanon and Strait of Hormuz among major discussion points

One of the key elements under discussion reportedly concerns reducing hostilities involving Israel and Hezbollah in Lebanon. The issue has emerged as a sensitive component of the broader negotiations, especially amid continued military activity in the region.

The talks are also focused on restoring commercial shipping movement through the Strait of Hormuz, a globally significant energy corridor disrupted during the ongoing conflict. Reports suggest Iran may be expected to help restore safe maritime navigation, while the United States could gradually ease aspects of its blockade depending on progress during negotiations.

Sanctions relief and frozen assets under consideration

Negotiators are also reportedly discussing phased sanctions relief and potential access to billions of dollars in Iranian funds frozen abroad. Iran has long demanded the release of such assets as part of any broader understanding with Washington.

The draft understanding is also expected to include commitments related to Iran’s nuclear activities, including further negotiations on enriched uranium stockpiles and assurances linked to nuclear weapons development.

Key differences still remain unresolved

Despite signs of progress, several differences reportedly remain unresolved between the two sides. Questions continue over the exact wording of the proposed framework, the duration of any ceasefire arrangement and the timeline for easing restrictions in the Strait of Hormuz.

Reports also indicate that mediation efforts involving regional actors, including Pakistan and Qatar, have played a major role in facilitating indirect talks between Washington and Tehran.

While officials from both sides have signalled progress, no final agreement has yet been formally announced.

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US carries out fresh strikes in Iran, downing drones near strategic Strait of Hormuz

The US military launched overnight defensive strikes targeting an Iranian military facility and shot down four attack drones near the Strait of Hormuz, highlighting the vulnerability of ongoing peace negotiations.

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Donald Trump statement

The US military launched overnight strikes inside Iran, targeting a military installation and intercepting multiple attack drones near the critical Strait of Hormuz. The operation comes amid intense diplomatic efforts to end a three-month-old war that has severely impacted global energy markets.

According to media reports citing US officials who spoke on condition of anonymity, American forces shot down four one-way attack drones. Additionally, a ground control facility located in the southern Iranian port city of Bandar Abbas—which was reportedly preparing to launch a fifth drone—was struck. Local residents in Iran reported hearing three distinct explosions east of Bandar Abbas around 1:30 AM local time, prompting the temporary activation of local air defense systems.

Focus on maintaining the ceasefire

US Central Command later confirmed the targeted actions, stating that the intercepted drones posed an immediate threat to American personnel and commercial shipping vessels operating near the strategic waterway. Officials described the intervention as a measured, defensive response aimed strictly at safeguarding international transit routes and preserving the active, yet fragile, ceasefire arrangement.

The Strait of Hormuz serves as a vital artery for global commerce, accounting for nearly one-fifth of global oil shipments before hostitilies erupted on February 28.

Strains on ongoing diplomatic talks

These recent military developments occurred against the backdrop of sensitive negotiations aimed at formalizing a permanent peace agreement. Earlier this week, the US conducted similar self-defense strikes against vessels allegedly deployed to lay naval mines, drawing sharp condemnation from Tehran, which labelled those actions a breach of the ceasefire.

Diplomatic tensions were further compounded on Wednesday when US President Donald Trump publicly dismissed reports claiming that Iran and Oman would jointly manage shipping operations through the Strait of Hormuz under a proposed peace deal, asserting instead that the international waterway must remain entirely open.

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Byju’s founder Byju Raveendran sentenced to six months in jail by Singapore court over asset orders

In a major setback, a Singapore court has sentenced Byju’s founder Byju Raveendran to six months in prison for contempt after he failed to comply with multiple court orders regarding his assets.

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In a massive legal blow to the founder of the failed Indian educational technology firm Think & Learn Pvt (better known as Byju’s), a Singapore court has sentenced Byju Raveendran to six months in jail for contempt of court.

The court ordered the jail term after concluding that Raveendran had deliberately disobeyed multiple judicial directives regarding his personal assets, dating as far back as April 2024.

Disobedience of asset orders leads to prison sentence

According to people familiar with the matter, the Singapore court has instructed Raveendran to immediately surrender himself to the officials. Alongside the six-month prison sentence, the Byju’s founder has been ordered to pay legal costs amounting to S$90,000 (approximately $70,500). Furthermore, he has been mandated to provide documents verifying his official legal ownership of Beeaar Investco Pte, a corporate entity that holds equity shares in a related firm.

At the time of reporting, it remains unclear whether Raveendran is currently residing in Singapore or located elsewhere, and he did not immediately respond to requests for comment.

Escalating global legal battles

This sentencing marks the latest and perhaps most severe setback for the entrepreneur, who once achieved billionaire status amid a massive wave of global capital flowing into Indian start-ups. Today, Raveendran is being rigorously pursued by foreign investors across international jurisdictions. This includes intensifying legal battles in the United States, where global lenders are actively trying to recover heavy financial losses stemming from a defaulted $1.2 billion loan.

Media reports indicate that the ongoing Singapore court proceedings represent a broadening web of legal and financial crises following the operational collapse of the once-celebrated edtech giant.

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