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North and South come closer on Korean Peninsula

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North and South come closer on Korean Peninsula

Historic summit decides for complete denuclearisation and unification

In an unprecedented move in the recent world history two arch rivals have come together across the table to resolve their long lasting issues. North Korea’s Kim Jong-un and South Korea’s Moon Jae-in have pledged to formally end the 1950s Korean War and pursue “complete denuclearisation” of the peninsula. The Summit took 11 years to bring the two leaders together. Earlier summit was held in 2007.

The two leaders signed a joint statement on Friday after the summit that saw Kim become the first North Korean leader to step into South Korea since the end of war in 1953. The peace talks were held in a demilitarized zone in Panmunjom village.

According to reports, a strictly choreographed day of talks and symbolic gestures momentarily gave way to some spontaneity when Kim asked his South Korean counterpart to reciprocate by briefly stepping into North Korea.

The signing of the declaration came after two rounds of talks between the leaders and a tree-planting ceremony.

According to the statement, the two leaders pledged to sign a peace treaty later this year and involve the United States and probably China in the process.

Kim and Moon also promised to pursue the end of nuclear weapons on the peninsula, though the text of the statement did not include specific measures or a timetable.

Kim Jong Un, speaking after signing the declaration said, “I feel that we are part of one family and both countries will have a new policy of cooperation. After years of disputes, we are here today to say that nothing will make us different again.”

South Korea’s President Moon Jae in praised Kim for freezing his country’s nuclear testing programme, saying it would be a “valuable beginning”.  He further said, “Kim Jong-un and I declare that there will be no more war on the Korean Peninsula and a new age of peace has begun.”

As part of the agreement, the Koreas said they would refrain from the use of force and would deepen ties, working towards reunification. This is considered to be a major step forward for restoring peace and stop weapon race in the peninsula.

Under the ne scheme of things a communications post is to be established in Kaesong, North Korea while loudspeaker broadcasts and distribution of propaganda leaflets on each other side will end on May 1. Moon is due to visit the North Korea’s capital, Pyongyang, in the coming months.

Meanwhile US President Donald Trump has appreciated the summit in his tweet post. He said, “After a furious year of missile launches and nuclear testing, a historic meeting between North and South Korea is now taking place. Good things are happening, but only time will tell!”

Read More: US, China welcome N Korea halt on Nuclear, Missile tests

Trump is scheduled to meet with North Korean leader Kim Jong Un sometime in late May or early June this year. He said on Friday there were now only “two or three sites” under consideration for the US-North Korea summit.

UN Secretary General’s spokesman Stephane Dujarric said “many around the world were moved by the powerful imagery of the two leaders coming together to advance harmony and peace on the Korean Peninsula.” He further said, UN Secretary General Antonio Guterras “salutes the courage and leadership that resulted in the important commitments and agreed actions”.

Russia, Japan and China have also appreciated the historic summit between the leaders of the two Koreas. Moscow called the meeting as a “very positive news”.

China’s foreign ministry issued a statement saying it hoped all parties could maintain the momentum for dialogue and jointly promote the resolution process.

Read More: North and South Korean leaders to hold summit on April 27

Japan’s Prime Minister Shinzo Abe said he expected North Korea to take concrete steps towards carrying out its promises. He added Japan was “absolutely not” being left out of the denuclearisation process. He said that he will keep close contact with the US and South Korea.

The summit concluded with a ceremony with live music and a video titled A New Spring Enjoyed Together, which was projected onto the Peace House in Panmunjom village.

Read More: North Korean Leader Kim meets China’s Xi in Beijing

At the end of the Summit North Korean leader boarded a black Mercedes Benz limousine that drove him and his entourage back to the Pyongyang.

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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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US hits Iranian missile sites and mine-laying boats near Strait of Hormuz amid peace talks

US Central Command executed targeted strikes against Iranian missile launch sites and mine-laying vessels near Bandar Abbas, testing a fragile ceasefire even as high-stakes diplomatic talks continue in the region.

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In a major development testing a fragile regional ceasefire, the United States military carried out targeted strikes in southern Iran on Monday. The operation hit missile launch sites and vessels allegedly attempting to lay mines near the crucial Strait of Hormuz, according to statements from the US Central Command (CENTCOM).

The military action took place near Bandar Abbas, a prominent southern port city hosting a primary Iranian naval base. Media reporting indicated that explosions were heard across multiple coastal locations, including Sirik and Jask.

Focus on ‘Self-Defense’ Amid Active Ceasefire

A spokesperson for CENTCOM, Capt. Tim Hawkins, confirmed that the engagement was defensive in nature. “US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces,” Hawkins stated. He noted that the operational targets included active missile launch sites alongside Iranian boats attempting to emplace naval mines. Despite the escalation, CENTCOM emphasized that it continues to exercise restraint under the parameters of the ongoing ceasefire brokered in early April.

According to media reports, the tactical response was triggered when two Islamic Revolution Guard Corps (IRGC) boats were detected laying mines in the strategic shipping lane. Additionally, a surface-to-air missile site reportedly targeted American warplanes, prompting US forces to neutralize both the vessels and the missile installations. Media channels citing local updates indicated that four individuals were killed in the strikes, though the complete casualty figures remain unverified.

Diplomatic Dialogue Continues in Parallel

The strikes coincide with a critical phase of diplomatic negotiations aimed at extending the current truce. Top Iranian negotiators traveled to Qatar early this week to discuss a potential 60-day extension of the ceasefire, alongside provisions to keep the Strait of Hormuz fully operational for global trade.

US officials maintain that the military action does not signal an end to the active truce. A senior administration source clarified that the specific operations are “over for now”. US Secretary of State Marco Rubio, speaking from India, affirmed that diplomatic channels remain open and active. Rubio stated that intensive language discussions regarding the initial documents are ongoing, reiterating that the opening of the strategic strait remains a core objective.

Meanwhile, political leaders in Washington have separately reiterated demands for the secured disposal or international transfer of enriched uranium stockpiles as part of any comprehensive long-term agreement.

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US announces new America First visa schedule to boost business ties with India

During his official state visit to New Delhi, US Secretary of State Marco Rubio announced a new America First visa schedule designed to prioritise business professionals and boost bilateral trade efficiency.

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In a significant development aimed at strengthening bilateral cooperation, the United States has introduced a new “America First” visa schedule. The policy update was announced by US Secretary of State Marco Rubio during his official four-day visit to India. The new schedule is specifically designed to prioritise business professionals who play a key role in fortifying trade and strategic connections between the two nations.

Speaking about the initiative in the national capital, the top US diplomat clarified that the updated framework will not only assist visa applicants but will also significantly enhance operational productivity for the diplomatic mission. “We’re introducing a new America First visa schedule that prioritises business professionals that strengthen these ties,” Rubio stated. He added that the arrangement will enable the system to process applications with greater accuracy, speed, and efficiency.

Focus on Indo-Pacific and regional security

The announcement coincided with high-level discussions between the visiting diplomat and Prime Minister Narendra Modi. The meeting, which lasted for over an hour, covered critical areas of bilateral interest, including trade, energy security, strategic technologies, defence cooperation, and the ongoing West Asia crisis. During the interaction, Rubio extended an official invitation from US President Donald Trump for PM Modi to visit the White House in the near future.

The US Secretary of State described the partnership between New Delhi and Washington as a foundational cornerstone of America’s overarching strategy for the Indo-Pacific region. Highlighting India’s central role, Rubio noted that his very first official engagement upon taking office was a meeting of the Quadrilateral Security Dialogue (Quad), emphasizing that hosting the upcoming foreign ministers’ meeting in India acts as a tangible sign of the deep commitment to this framework.

Clarification on immigration rules

Addressing separate concerns regarding recent shifts in American immigration policies, the top diplomat provided a crucial clarification regarding the new guidelines for permanent residency. Media reports had previously highlighted anxieties surrounding a newly instituted rule that requires many legal immigrants to exit the US and apply for green cards from their home countries.

Rubio explicitly stated to the media that these measures are universal regulatory updates rather than policy shifts targeted at any specific nation. He reassured that the rule is applicable globally to all international applicants and is not directed exclusively at Indian citizens.

The visit marks Rubio’s first official trip to India since assuming office. His comprehensive itinerary began in Kolkata and includes a scheduled bilateral dialogue with External Affairs Minister S Jaishankar, alongside participation in the Quad Foreign Ministers’ meeting alongside international counterparts.

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